NVC Lighting: Optimistic about LED prospects, focusing on product independent research and development

In June 2010, NVC Lighting, the largest lighting brand supplier in China and the largest manufacturer of energy-saving lamps, was successfully listed on the main board of Hong Kong. NVC Lighting became the first domestic lighting stock to be listed in Hong Kong. What is the attitude of NVC to the LED lighting of the new industry? Recently, the reporter interviewed the relevant person in charge of NVC lighting on this issue.

A full range of new LED light sources and lighting products have been launched

Of the 728 million shares issued by NVC Lighting, 90% of them are international placements, 10% are public offerings, each lot is 1,000 shares, and there is 15% of the over-allotment option. Among the funds raised by NVC, HK$490 million was used for market expansion at home and abroad, including mergers and acquisitions and other strategic investments. Invested 410 million Hong Kong dollars in brand strategy and sales network (planned to reach 3,000 NVC stores by December 31, 2010 and expand its business scope to Europe, North America and South America); capital expenditures accounted for HK$410 million (will create new The production line is to increase the annual production capacity of NVC lighting products by about 25%); R&D accounts for 160 million Hong Kong dollars (focus on strengthening the strength and appeal of NVC in LED, HID and other fields). The remaining funds will be allocated for general working capital.

Based on the expanding demand for LED lighting products, we plan to focus more on LED product development in the Shanghai R&D Center and collaboration with leading Chinese universities and research institutions in this field. Thanks to our research results, NVC Lighting has launched a full range of new LED light sources and lighting products in September this year, which is the first time in domestic enterprises.

LED technology is not necessarily the savior of the lighting industry but still needs to actively participate

Some industry insiders believe that LED technology will be the savior of the lighting industry, which may not be the case. Although energy-saving lamps have been used for 20 years, they are still in use, and incandescent lamps have not been completely eliminated after more than 100 years of application. If China's incandescent lamps are all replaced with energy-saving lamps, four Three Gorges power stations can be saved in one year. LED products are now more suitable for public areas such as street lamps or outdoor decoration. In commercial space and home lighting, large-scale applications cannot be obtained. Does the enterprise enter the LED? When does it enter? Mainly according to the development needs of the enterprise, the technical bottleneck of the LED product takes time to digest. We will pay close attention to it and actively invest in the development of LED products and markets.

At present, LED is affected by technology and cost factors, which hinders the wide application of LED products in the market to some extent. In view of the fact that LED itself has the energy-saving and environmental protection advantages that other lamps can not replace, coupled with the domestic and international optimism about low-carbon environmental protection, energy-saving lighting industry, and the huge demand of the market, the technology and price in front of LEDs are driven by these factors. The problem is believed to be gradually solved. In the next few years, it is believed that the LED market performance will be bullish and the good development prospects are expected.

Emphasis on product independent research and development LED products have been recognized in major projects such as the Olympic Games, World Expo and Asian Games.

NVC has always attached great importance to independent research and development of products, and has enhanced the core competitiveness of its products through research and development. Of course, it has been paying attention to the development of the market. If there are good companies that can help the company's future development, and can bring better to shareholders. In return, we will consider enhancing the company's competitiveness by cooperating or acquiring other complementary companies.

NVC Lighting has achieved independent research and development to achieve product technology and industrial upgrading. At present, it has two international standard R&D centers of Shanghai Light Source Electric R&D Center and Guangdong Huizhou Lighting R&D Center. Therefore, in the LED product technology research, NVC will always pass Increase the introduction of technical talents, increase investment in research and development through large capital investment, increase the quality of LED products and achieve technological breakthroughs. The same place will also consider the way of acquiring companies to achieve the improvement of the core competitiveness of enterprises.

In fact, NVC lighting LED products have been widely used in major projects such as the Beijing Olympic Games, Shanghai World Expo and Guangzhou Asian Games, and have been widely recognized. In the future, NVC will continue to increase investment in this field and promote the progress of LED products.

Chaff Cutter

Chaff Cutter,Chaff Cutter Machine,Mini Chaff Cutter,Hand Chaff Cutter

Hunan Furui Mechanical and Electrical Equipment Manufacturing Co., Ltd. , http://www.frcornthresher.com

This entry was posted in on