[Text / high-tech LED Yue Mengdi] The hot situation in overseas markets is no longer a new thing. The fierce competition in the domestic LED lighting market has caused more and more companies to turn their attention to overseas.
On September 14, Zhouming Technology (300323.SZ) announced that the company intends to increase its capital to hold 10% equity of Century Dingyuan.
Century Dingyuan is an investment company specially established for the Hungarian National Public Lighting Reconstruction Project. This time, the increase in capital and expansion of Century Dingyuan is an important pilot for the overseas business of the LED lighting overseas business and the contract energy management EMC business. In addition, it will also create revenue for the company and help the company lay a good foundation in the field of overseas lighting.
Prior to the acquisition of Osram's channel business, Feile Audio is also aiming to lay out overseas markets, accelerate global business, open up international strategies and accelerate competition in overseas markets.
According to the "2015 China LED Lighting Export Data Report" released by the High-tech Research Institute LED Research Institute (GGII), the export volume of domestic LED lighting products reached US$4.709 billion in the first half of this year, a year-on-year increase of 16.5%. Among them, the United States is the largest export destination country. In the first half of this year, LED demand in the US market showed explosive growth. The amount of LED lighting products imported from China reached 1.095 billion yuan, a year-on-year increase of 59.6%. The US market exports accounted for about 23.3% of China's total exports, an increase of nearly 6 percentage points over the same period in 2014.
"At present, the US market is the largest export market for us." A person in charge of a lighting company specializing in export in Shenzhen told Gaogong LED. In his view, the current LED replacement rate in the US market is still relatively low, and the market still has great potential.
"2015 China LED Lighting Export Data Report" shows that the bulb lamp is still the largest export LED lighting product. In the first half of this year, the export volume reached 532 million US dollars, of which the bulb lamp exported to the US market reached 127 million. The US dollar accounted for 23.87%.
"The US standard bulb is one of the company's most important businesses." Tang Runlin, general manager of Aide Power, told Gaogong LED, and the future US tube is expected to usher in a larger increment.
"2015 China LED Lighting Export Data Report" shows that the lamp is the largest export item after bulbs in the first half of this year. The export volume in the first half of this year was 433 million US dollars, up 21.7% year-on-year. The United States is still the largest. Export destination countries reached US$ 104 million, accounting for 24.02%.
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