Zhen Mingli TDR winning rate is less than 6.3%, oversubscribed more than 16 times

On December 22nd, the lighting faucet Dazheng Mingli will be listed on the market in Taiwan. According to the statistics of the sponsoring broker Fubon Securities, the real-time subscription rate of Zhen Mingli TDR is less than 6.3%, and the over-subscription is more than 16 times.

Chen Enguang, senior vice president of Fubon Gold Control Enterprise Group, said that in the outdoor lighting of LED, Zhen Mingli has placed another order in China's streetlights. In addition to the government of Heshan City, Guangdong Province has agreed that Zhen Mingli will practice the renovation of LED street lights in Heshan City. In December 2009, it received another 10,000-inch street lamp order in Yangzhou City, Jiangsu Province. It is expected to ship in the first quarter of 2010. The total number of street lamp cooperation intentions currently in operation has exceeded 100,000. It is expected that all China will participate in ten cities in the next three years. The market demand for the street lamp renovation project is about 2.5 million, and Zhen Mingli has a leading edge. In terms of LED indoor lighting, Chen Enguang pointed out that in addition to successfully entering one of the world's largest retailers (Home Depot), in order to expand the Chinese mainland market, Zhen Mingli has 21 branches in major cities across China, and has achieved state-run The orders for indoor lighting renovation projects of enterprises and local governments prove that the era of LED as lighting has arrived. The market estimates that the global lighting market will reach US$137.2 billion by 2015, and LED lighting will show rapid growth in the next few years. In August 2009, China Environmental Fund invested US$30,000 to invest in Zhenmingli, becoming the largest institutional investor in the company's 11% shareholding, which is optimistic about the future development of Zhenmingli in China's LED market and leading other environmental protection and energy conservation funds. Invest.

At present, Zhen Mingli has completed the vertical integration of LEDs, including LED upstream epitaxy, midstream lead frame, package, and downstream plastic injection are all self-made by the Group, enjoying high cost competitive advantages, not only downstream deep-cultivation applications such as decorative lights, stage lights and lighting. , providing the best estuary for its epitaxial products. At present, Zhen Ming Li Jing Jing has been certified by the customer to have the brightness of the backlight. Therefore, the epitaxial products will not have the problem of defective rate in the real bright, and all kinds of chips can be fully utilized in Zhen Ming Li. Fubon Securities said that the fund raised by Zhen Mingli TDR will expand the capacity of LED upstream chip and increase investment in upstream.

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