The 10KV/11KV medium voltage variable speed drives are mainly used to drive various high-voltage motors, such as power stations, metallurgical industry, petrochemical, cement manufacturing, water supply and sewage treatment, mining, papermaking, etc. FGI`s high voltage drives adopt modular design, multi-stage power unit series technology, with low input harmonic content and high power factor. The Medium Voltage Inverter is small in size, easy to install and debug, and easy to maintain.
10Kv And 11Kv Medium Voltage Drives Vfd Inverter,High Voltage Inverter,High Voltage Power Inverter,10Kv And 11Kv Medium Voltage Drives,High Watt Voltage Converter,Medium Voltage VFD Specification FGI SCIENCE AND TECHNOLOGY CO., LTD , https://www.fgi-tech.com
It is reported that since the National Development and Reform Commission and other departments announced the roadmap for the elimination of incandescent lamps in China on November 4 last year, such preferential policies as public LED street lamp procurement bidding and semiconductor lighting “12th Five-Year Plan†have frequently appeared. Recently, the State Council executive meeting discussed and approved the "12th Five-Year Plan for the National Basic Public Service System," which allocated 2.2 billion yuan in subsidies to support the promotion of energy-saving lamps and LED lights.
Driven by the policy dividend, the capital market has extended an olive branch to the LED lighting industry. In the first quarter of 2012, six LED companies were officially listed and released, and two companies will be ready to go, including five companies involved in LED lighting.
However, the bubble effect caused by hot money has followed, and the LED industry has been completely "fired". After the investment is overheated, it is a commercial real estate bubble that is difficult to calm down.
Such a situation will accelerate the integration of the industry. Zhang Xiaofei, director of the High-tech LED Research Institute, believes: "The LED lighting industry will have three major battles within five years, and each segment will be divided."
"listing tide" under the policy
Just before the State Council introduced the subsidy policy of 2.2 billion yuan for energy-saving lamps and LED lamps on May 16, the Ministry of Science and Technology released the "Twelfth Five-Year Plan for Semiconductor Lighting Technology Development (Draft for Comment), saying that the industry scale reached 5000 during the period. 100 million yuan, cultivate 20 to 30 leading enterprises with core technologies, more independent intellectual property rights and independent brands, support 40 to 50 innovative high-tech enterprises, and build 50 “Ten Cities and Ten Thousand†pilot demonstration cities and 20 An industrial base with strong innovation capabilities and distinctive features.
In addition, the National Development and Reform Commission previously announced the "China's phase-out plan for the elimination of incandescent lamps" and the national three ministries and commissions organized the 2012 semiconductor lighting products financial subsidy promotion project public bidding and other policies, Everbright Securities said that the end of the first quarter of this year, the LED industry boom The rebound, lighting demand has emerged in a large number, the visibility of orders has been restored to about two months, the operating rate has increased greatly, and the leading enterprises are even close to full load. With the promulgation of the “Twelfth Five-Year Plan†and policy subsidies, the LED boom will further increase.
Driven by the policy, the capital market has extended an olive branch to the LED lighting industry. In the first quarter of 2012, six LED companies were officially listed and released, and two companies will be ready to go, including five companies involved in LED lighting.
According to the statistics of "Daily Economic News" reporters, among the five companies involved in the LED lighting industry listed in 2012, Wanrun Technology (002654, SZ) raised 220 million yuan to invest in new high-efficiency SMD LED projects and LED green energy-saving lighting. Lighting production project; Changfang Lighting (300301, SZ) raised 260 million yuan to expand LED lighting sources and lamps; Jufei Optoelectronics (300303, SZ) raised 310 million yuan to expand production of backlight LED devices and lighting LED devices; Huacan Optoelectronics (300323, SZ) plans to raise 900 million yuan to build the third phase of LED epitaxial chip project; Liard (300296, SZ) raised 280 million yuan for the LED application industrial park construction project.
The importance of listing financing will also appear one by one in the near future.
Liu Jianyun, president of Shenzhen Lihe Qingyuan Venture Capital Management Co., Ltd., said in an interview with the media, “Post-market companies usually extend to the upstream and downstream of the industry, putting pressure on unlisted companies, and because the LED industry is capital-intensive. Features, IPO successful companies have greater advantages, thus accelerating industry consolidation."
He Zaihua, a senior researcher at China Investment Consulting, said in an interview with the reporter of "Daily Economic News" that "the listing boom is beneficial to the advantage of the LED industry to raise more funds, and in the downturn of the industry, it will expand against the trend and implement a vertical integration strategy. Open up the upstream and downstream of the entire industrial chain. This can not only play the synergy effect of the industrial chain, reduce operating costs, improve economic efficiency, but also increase industry concentration, expand its market size, and occupy a place in the LED field."
"The external cause of the listing boom is that the pressure of the listed LED companies to extend upstream and downstream of the industrial chain has forced unlisted companies to seek financing channels. The internal cause is that under the catalysis of national policies in the past few years, the LED industry has flourished and the company's performance has been brilliant. In the future LED industry may have overcapacity and profit growth decline, it is now a good time for LED companies to go public." He Zaihua added.
In addition, behind the intensive LED companies' listing, LED manufacturers at home and abroad have long been optimistic about the domestic LED lighting industry, which has accelerated the pace of mergers and acquisitions, and accelerated the layout of the entire industry chain in the industrial adjustment period to achieve resource integration.
He Zaihua believes: "From the perspective of listed LED lighting companies, listing financing is a broad road. First, raise funds to protect new investment projects; secondly, reduce the company's asset-liability ratio, thereby reducing financial risks; finally, Improve the corporate governance structure and management system and improve the overall quality of the enterprise by means of the transparent regulation of the capital market."
However, it is understood that the stock performance of the four LED lighting companies that have been listed in 2012 is not satisfactory. Wanrun Technology hit a new low of 15.55 yuan since its listing on May 17; the latest closing price of Jufei Optoelectronics 26.05 yuan is still 10% lower than the high point of 29 yuan listed the next day; Liard's share price has been The first day of listing fell from 24.98 yuan to 17.01 yuan.
According to industry analysts, LED lighting companies have a single direction of capital use. In the short term, funds will still be used for capacity expansion in the industry. Once risks occur, they will have a great impact on the company. 
After the "closing tide" in 2011, the LED lighting industry began to move toward the integrated reshuffle period. Many LED companies that were not willing to fall to the last moment before dawn were seeking financing for listing. Although the industry is difficult to conceal the quality ills, the policy dividends that are frequently issued gradually emerged, and LED lighting ushered in a new round of listing.