At present, there is a certain difference between the ex-factory price and the retail price of LED lighting products. We estimate that commercial products will be led by large corporate customers. The price is higher than the ex-factory price but lower than the retail price of the terminal channel. It is expected to be based on the ex-factory price. Above 20-30%. Based on the above prices, 11 hours/day, 250 days/year of commercial lighting has economic research through the LED lighting industry chain including NVC Lighting, Guoxing Optoelectronics, Zhenmingli and Foshan Lighting. The view: LED lighting applications are already in a critical state of startup. In the investigation, we learned that the LED 18-watt fluorescent lamp ex-factory price is about 200 yuan, which can replace the 36-watt actual power consumption of 40-watt fluorescent lamp (T8), the power saving effect is more than 50%; the product life is 20000-30000 hours. At present, there is a certain difference between the ex-factory price and the retail price of LED lighting products. We estimate that commercial products will be led by large corporate customers. The price is higher than the ex-factory price but lower than the retail price of the terminal channel. It is expected to be based on the ex-factory price. Above 20-30%. At the above price, the 11 hours/day, 250 days/year commercial lighting field is economical (using a 20% discount rate, 20,000 hours life). Lighting companies are actively involved. Traditional lighting companies have entered or are entering LED lighting. The industry's feedback on LED lighting is positive and positive. We expect the first half of 2011 to be the promotion and introduction period of LED lighting, and the large-scale rise of LED lighting applications. It’s just a fire. The active expansion of upstream and downstream enterprises will bring economies of scale to the LED lighting industry. The cost is expected to be further reduced. It is expected that the LED lighting cost will be 30-40% lower than the current level by the end of 2011. New technologies are emerging one after another, and cost reductions are more likely than expected. In the course of the investigation, we have seen that various companies are actively developing new technologies, new products, and launching different solutions in the fields of chip, packaging, and heat dissipation, implying that the cost reduction will exceed expectations in the next year. Potential Catalyst: The LED lighting demonstration project will begin to deepen the user experience and build user confidence in LED lighting applications. National subsidy policies can be expected; the issuance of national standards can facilitate the measurement and identification of product technology levels; LED lights in the first half of 2011 The spread between the energy-saving lamps and the energy-saving lamps has accelerated.

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