Recently, many local governments have introduced policies to subsidize the LED lighting and display industries, setting off a new wave of LED industry development. As early as 2012, the General Office of the National Development and Reform Commission, the General Office of the Ministry of Finance, and the General Office of the Ministry of Science and Technology jointly issued the "Notice on Organizing the 2012 Financial Subsidy for Semiconductor Lighting Products Promotion Work." Since then, many local governments have also introduced local LED lighting industry subsidy policies. Undoubtedly, policy subsidies have stimulated the R&D investment and production enthusiasm of enterprises to a certain extent, and promoted the development of the LED industry. However, due to the imperfect subsidy policies in some places, many projects have been blindly launched, which may eventually lead to overcapacity. How to further improve and standardize the local LED lighting industry subsidy policy and promote the sustainable and healthy development of the LED lighting industry has become the focus of the industry. Multi-local introduction of local subsidy policy Since August this year, the Jiangmen City Economic and Information Technology Bureau of Guangdong Province is stepping up the review and review of the LED subsidy fund application submitted by the former enterprises. According to the LED industry support measures of Jiangmen City, after the approval, the enterprises with a total investment of 50 million yuan (including 50 million yuan) will be given a subsidy of 6% of the total equipment; if the total investment of equipment is more than 50 million yuan, it will exceed 50 million. The yuan part gives 8% of the subsidy. If you invest in a group, you can get a reward of 1 million yuan. In addition to Jiangmen, many LED companies across the country have received local government subsidies. In Beijing, according to the approval of the Beijing Municipal Development and Reform Commission on the subsidy fund for the Beijing University Engineering Laboratory Innovation Capacity Building Project of Liad Optoelectronics Co., Ltd., Liad HDTV Technology Beijing Engineering Laboratory The innovative capacity building project won the 11.18 million yuan policy subsidy fund from Beijing. In Shenzhen, according to the “Notice of the First Supporting Plan for the Strategic Emerging Industry Development Special Funds in Shenzhen in 2014”, Shenzhen Ruifeng Optoelectronics Co., Ltd.'s new packaged high-efficiency LED light source device industrialization project received 5 million policy subsidy funds. yuan. In Suzhou, Suzhou Xinnajing Optoelectronics Co., Ltd. received the “Notice on the Release of Suzhou Science and Technology Development Fund for Suzhou Industrial Park” by the Science and Technology Bureau of Suzhou Industrial Park and the Finance Bureau on July 30, and the high-brightness GaN for Xinnajing Base semiconductor lighting epitaxial wafers, chip research and development and industrialization technology projects were given 250.03 million yuan in funding. The relevant person in charge of the company told the reporter that at present, Xin Najing has received the subsidy for this policy. In Zhangjiagang, Huacan Optoelectronics (Suzhou) Co., Ltd. also received the document “Reply from the Management Committee of Zhangjiagang Economic and Technological Development Zone on the Subsidy for the Industrial Development of Huacan Optoelectronics (Suzhou) Co., Ltd., the government will allocate Huacan Optoelectronics (Suzhou) In the second quarter of 2014, the company's industrial development subsidy fund was 27.5 million yuan. Zhejiang Luxiao Technology Co., Ltd. and its wholly-owned subsidiary Zhejiang Lutong Electromechanical Co., Ltd. and Zhejiang Luxiao Electronic Wire Co., Ltd. also recently received the subsidy of the city-level equipment investment policy of Zhuji City Finance Bureau for a total of 6.71 million yuan. . However, the relevant person in charge of the company said that according to the relevant accounting standards, the company recognized the amount of 6.71 million yuan as deferred income, which had less impact on the company's 2014 net profit. The industry is burdened with overcapacity. Although government subsidies have injected a strong shot into the relevant enterprises and promoted the development of enterprises, the industry is generally worried that blind development may result from excessive dependence on government subsidies or unreasonable judgment and adjustment of market direction. Domestic LED chips are seriously overcapacity. The reporter learned that in 2009-2011, the country added an average of more than 20 LED chip projects every year. At most, there were more than 80 domestic chip manufacturers, and now there are more than 50. In 2012 alone, there were more than 20 exits. Although the subsidy policy is good, enterprises cannot rely on policy subsidies to live. A new round of policy subsidies may cause the LED industry to expand again. Many business leaders believe that. Due to the relatively high price of metal organic chemical vapor phase precipitation (MOCVD) equipment, domestic expansion is basically accompanied by government subsidies for equipment. Experts from the National Semiconductor Lighting Engineering R&D and Industry Alliance Research Institute said that the LED industry is still in the early stage of growth. At present, the price of LED lamps is still higher than that of ordinary energy-saving lamps. If there is sufficient capacity in the upstream of the industry, if the policy is more subsidized. Consumers will be more beneficial to the demand of the industry, so that the industry maintains a healthy development trend. It is understood that in 2010-2011, the government's subsidies for LED lighting production equipment are basically around 10 million yuan, and have now dropped to about 5 million yuan. More and more enterprises expect more policy subsidies to be produced from upstream. Transfer to downstream consumers. Trying to change the subsidy method The government's subsidy for LED projects is intended to promote technological innovation and guide the benign development of the industry. However, in the course of actual operation, some problems inevitably arise. In many places, the policy subsidy for LED lighting is intended to assist the market regulation, promote and protect competition, and maximize the vitality of the LED market. However, due to the lack of specific operational details, it is inevitable to be used by some enterprises. For example, a few days ago, the National Audit Office revealed that Guangdong Xuelaite Optoelectronics Technology Co., Ltd.'s high-efficiency lighting product promotion project, through the sale of lighting products sold to large users in the form of resident users, took over the central government's high-efficiency lighting products promotion subsidy funds of 3.455 million. yuan. Dou Linping, secretary-general of the China Lighting Association, believes that in the LED lighting industry, there are three main reasons for enterprises to take national policy subsidies: First, the price of LED lighting products is low, because the number of subsidies is too small, many companies report lower than the normal market in order to win the bid. The price of the bid is the second; the second is the product specifications are not complete, for example, an engineering project often needs different types of lighting products, if only one or two products enjoy subsidies, the enthusiasm of the owners is not high; the third is related to the local government during the promotion period of ordinary energy-saving lamps The department actively cooperates with each other. The promotion and application of LED lighting products rely entirely on the enterprises to find projects themselves, which also increases the difficulty of promotion. It is good to have government support, but in the long run, the development of enterprises cannot rely on the government but on the market. Zhu Bingzhong, deputy general manager of Qinshang Optoelectronics, expressed the hope that the policy subsidy measures could be further improved. It is understood that some local governments are currently changing the way of subsidies in the past. In the past, the subsidies for the project, that is, the project investors can get subsidies before the project is started, and subsidies for the after-sales subsidies according to the amount of products sold by the producers. To some extent, avoid fraudulent behavior. Ye Haofu, the chairman of Everlight Electronics Industry Co., Ltd., believes that this kind of subsidy for upstream producers to switch to end consumers is more conducive to fair competition in the industry. To a certain extent, policy subsidies have stimulated the R&D investment and production enthusiasm of enterprises, and promoted the development of the LED industry. However, due to the imperfect subsidy policies in some places, many projects have been blindly launched, which may eventually lead to overcapacity. How to further improve and standardize the local LED lighting industry subsidy policy has become the focus of the industry.

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