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As a result, the market demand for LED lighting has expanded dramatically. The continued rapid growth of downstream application market demand directly led to the rapid digestion of midstream packaging and upstream epitaxial chip production capacity.
According to the forecast of the High-tech LED Industry Research Institute (GLII), the total output value of China's LED industry will reach 344.50 billion yuan in 2014, a year-on-year increase of 31%. Among them, the output value of LED upstream epitaxial chips, midstream packaging and downstream applications were 12 billion yuan, 56.8 billion yuan and 275.7 billion yuan respectively, up 43%, 20% and 32% respectively.
As the competition in the LED market continues to intensify, LED companies continue to run, shut down, and the industry is in full swing. Merger and integration has become the main theme of the LED industry this year, LED has entered a big era of historical change.
On December 11-12, 2014, the second CEO Conference of the 4th G20-LED Lighting Summit hosted by Gaogong LED and Shenzhen Jingtai Co., Ltd. will be held at the Guanlan Lake Dongguan Club in Shenzhen. The theme is “Innovation in a change of direction – standing at a new starting point in five years, and new challenges are looking forward to wisdom.†The participating CEOs and high-level representatives will re-orient the G20-LED Summit members in the next five years of industry competition, how to maximize the role and influence of the G20-LED Summit, and explore the diversified depth strategy among member companies. Cooperation mechanism.
The CEO Conference of the G20-LED Lighting Summit will also celebrate the debut of the new member companies, Guoxing Optoelectronics (002449.SZ) and Jingke Electronics.
As one of the earliest companies in China to produce LEDs, Guoxing Optoelectronics has been focusing on the R&D and production of LED products for 38 years. It has always adhered to the quality policy of “full participation, quality first, continuous improvement, providing customers with satisfactory products and servicesâ€. The development strategy of “based on packaging, bigger and stronger, and extending up and down in time†has become a leading LED enterprise in China.
Jingke Electronics was established in Nansha in August 2006. It is a joint venture of Hong Kong Microcrystalline Advanced Optoelectronics Technology Co., Ltd. and mainland investment partners, focusing on investing in Nansha, Guangzhou. Jingke Electronics increased its capital to US$70 million in 2014 and has a production plant and R&D base of 35,000 square meters with a total investment of RMB 1.5 billion. The goal is to build a production line of LED epitaxial, chip and module manufacturing and LED optical component products with an annual output value of 2 to 2.5 billion in Guangzhou, and form a large-scale LED upstream and downstream industrial chain. 
According to the G20-LED Lighting Summit Secretariat, the three dimensions of competition, industry chain and enterprise exit strategy in the next five years will be the focus of this landmark G20-LED lighting summit, 21 The CEOs and senior representatives of member companies will attend the meeting.
In 2014, LED lighting showed a trend of high and low. Last year, the demand for terminal lighting market broke out, and the expected growth and profit brought by the whole industry chain reached its peak and gradually returned. In particular, the end-market stocks enter the digestive period, and will the downward demand for stocks have a certain transmission effect on the middle and upper reaches?
The CEOs of the G20-LED Lighting Summit will give their answers to the above questions.
Since last year, with the expansion of domestic LED companies, mergers and acquisitions, cross-industry integration, cross-brand cooperation, and bankruptcy exits... it is like crazy to sweep China. In contrast, multinational LED lighting companies are constantly changing, responding to the constant price and market competition pressures brought by the Chinese market through capital, strategy, market, and product adjustments.
The impact of intelligent lighting and emerging technological innovations has been a major impact on the development of the LED lighting industry, and LED lighting companies are still hesitant in the current merger and acquisition integration tide. Summarizing the market and technology development trends in 2014, we will look into 2015 and jointly grasp the historical opportunity of LED lighting era. It will be the historical contribution of the CEO conference of G20-LED Lighting Summit for the development of LED industry.
From August 29, 2011, the G20-LED Lighting Summit was established after the establishment of the high-end dialogue platform initiated by the unofficial industry leading enterprises in China and the global LED industry. The G20-LED Lighting Summit has gone through four years of long-term road. Into the fifth year.
Through four years of hard work, more than 20 member companies have gradually built a high-end round-table dialogue platform for diversified industries with the core of the global LED industry chain as the core, and now it is necessary to open a new chapter of the second take-off - new Industry, new starting point, new G20! 
[Text|High-tech LED reporter Zhao Hui] In the past 2014, many LED industry insiders believe that it is "the first year of LED lighting." With the gradual maturity of LED lighting technology products, the cost performance of LED lighting products is getting higher and higher, and consumers' understanding and confidence in LEDs are increasing.