LED lighting industry will set off a new wave of enthusiasm


Demand for LED lighting is poised for growth. As for the upstream material sapphire, Apple's next-generation iPhone will be expanded to attract more and more relevant players to get the listing. The Hon Hai, a subsidiary of Hon Hai Group, and the PSS sapphire processing plant, Ruijie, have already applied for listing, and they have paid more than 5 yuan in EPS last year. It is expected to set off another wave of enthusiasm.
The legal person pointed out that Rongchuang and Ruijie are among the best in the industry. After the listing, they will be able to strengthen their strength. The listed cabinet manufacturers are facing strong opponents.
Rongchuang has applied for listing on the 25th of this month. In addition to last year's earnings per share of 5.29 yuan surpassing the first-line factory billion light, Rongchuang shareholders have strong background strength, the most striking is that Japanese business day Yahua holds up to 11.45. % is higher than the proportion of Nichia's shareholding Guanglei (5.82%).
In addition, panel makers also achieved a shareholding of 8.74% through investment companies. This year, the LED industry is in line with the demand for lighting. Rongchuang is expected to be listed before the end of this year. Due to the excellent time, Rongchuang’s share price has soared to 91 yuan. The new high, beyond the billion-light, crystal and other large factories, did not make a sensation in the market.
Patterned sapphire (PSS) processing plant Ruijie is also expected to apply for the cabinet in the middle of this year. Since the share capital is only 290 million yuan, and the company estimates that the company's earnings per share last year was as high as 5.6 yuan, stimulating Ruijie's share price soared. At present, the price of the cabinet has also set a new high record of 150.47 yuan, which is the share of the upstream and downstream manufacturers of the LED industry.
Ruijie believes that the current supply and demand gap of PSS sapphire substrate is still large, after deducting the excess order, the gap is still 20% to 30%, and the second quarter is expected to increase the price smoothly.

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