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Coal industry hibernation profit led high bay low bay fixtures lighting market

In the winter when the coal, Xishan Coal and Electricity Group, the first drop in the water test Led high bay low light fixtures industry.

November 29, by the Xishan Coal and Electric Group and Guangzhou Light Lighting Technology Co., Ltd. (hereinafter referred to as “light for the lighting”) joint venture established Taiyuan Xishan light for the lighting technology Co., Ltd. unveiled. The company registered capital of 10 million yuan, the product includes the use of various types of mine explosion-proof lamps, LED light source, street lamps and other commercial lighting products and road lighting products, is expected to annual sales income of 30 million yuan, and plans to play in 5 years in Shanxi Province scale The largest high-power Led high bay low light fixtures products production base.

“2017 will be the most reputable Led high bay low light fixtures rivers and lakes, LED companies will be a strong attack on the impact of traditional enterprises.Now state-owned coal enterprises to enter the lighting market opportunities and risks coexist.” Lighting industry veteran observer Guo Yilun said.

Light for the lighting market, said the source of light, light for the lighting in order to enhance the led high bay low bay fixtures lighting market share, and the implementation of high-tech industry restructuring Xishan Coal and Electric Group hit it off. Taiyuan Xishan Light Lighting Technology Co., Ltd. is expected in February 2017 formally put into operation.

Profit mining lighting market

According to informed sources, has been put on the agenda of the transformation of the Xishan Coal and Electricity Group into the lighting industry is not a temporary rise. Previously, Xishan Coal and Electricity Group to find a number of Led high bay low light fixtures companies to seek cooperation, and finally set the light for the lighting. The two sides jointly funded 10 million, of which Xishan Coal and Electricity Group “accounted for the bulk”, the specific amount of the person was not disclosed.

Light for the lighting industry in Guangdong Province is more well-known high-tech enterprises, was established in July 2007, its chairman Zhou Tan Yu was the industry as “LED King.” Had to fight the South China region to create the largest LED innovation base for the lighting of the eyes to invest in Shanxi.

The light for the lighting that the company optimistic about the Xishan Coal and Electricity Group where the local market resources in Shanxi and the advantages of the platform. Both sides believe that the LED market is not yet saturated, while Shanxi did little LED, with greater market potential. “After the development of good

Of the words, do not rule out the possibility of capital increase and listing. “He said.

Industrial lighting market is Xishan Coal and Electricity Group and the light for the lighting to open up the key market. Joint venture Taiyuan Xishan Light Lighting Technology Co., Ltd. Chairman Qiao Meiying introduction, Xishan Light Lighting Technology Co., Ltd. will led high bay low bay fixtures lighting products R & D and manufacturing as a starting point, the initial project annual production capacity of 300,000 sets.

Opportunities and Risks

workshop led lighting

Xishan Coal and Electricity Group is one of the country’s largest coking coal production base. However, due to slowdown in economic growth, imports of coal and other factors impact the impact of coking coal prices fell this year.

China Coal Transportation and Marketing Association market observers Li Chaolin said that due to the coal situation this year, the downturn, Xishan Coal and Electricity Group, although affected by the great impact, but because of coking coal coal factors, the lower part of the profits and taxes.

And the cold winter industry is very different, LED industry has recently been favorable. “More and more people realize that LED energy saving and environmental protection, the state is also the introduction of various policy restrictions before the application of high energy consumption lamps.” The light for the lighting market department said.

In recent years, Xishan Coal and Electricity Group’s industry in construction, natural gas and other industries are involved, the Led high bay low light fixtures industry has become involved in its diversification of another exploration.

In Guo Yulun view, Led high bay low light fixtures industry this year, the rapid development of the market increasingly mature, this time into the industry tends to saturation risk, but also a rare opportunity. He said, now the domestic LED market to domestic sales, competition in 2017 will be more intense. Once not sure, will be worth the candle.

“Although Xishan Coal and Electricity Group has chosen a relatively stable way of joint venture in order to reduce the risk and cost, but the characteristics of its state-owned system may make the market into the LED market after the difficult, so competitive greatly reduced.” Li Chaolin even asserted: LED industry can not be as profitable as the production of coking coal.

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