In the year-end inventory of the February issue of "High-tech LED", GLII once boldly predicted that "the situation of domestic LED-free listed companies will be terminated in the near future." This forecast was fulfilled in the first half of the year. On April 2, Guoxing Optoelectronics IPO was successful and became the first IPO of LED packaging enterprises in the A-share market.

Guoxing Optoelectronics IPO plans to issue 55 million shares and raise 504 million yuan. The funds raised will be used for SMD LED technology transformation, power LED and LED light source module technology transformation, LED backlight technology transformation and key technologies and industries of semiconductor lighting. Four projects. At present, most of Star's products are still in the low end of the industry, and the company hopes to upgrade its technology through fundraising.

On May 28th, Xiamen Qianzhao Optoelectronics IPO successfully met. The company is preparing to issue no more than 29.5 million shares, and the funds will be used for four projects including high-brightness quaternary LED epitaxial wafers and chips. The total investment is expected to be 450 million yuan.

The main products of Ganzhao Optoelectronics are red-yellow-based high-brightness quaternary LED epitaxial chips and triple-junction gallium arsenide solar cell epitaxial wafers, which play an important role in related fields in China.

NVC Lighting successfully listed in Hong Kong. In 2009, LED products accounted for only 0.8% of NVC's total revenue. NVC plans to use 10% of the funds raised in the listing for LED lighting research and development.

The listing of Guoxing and Ganzhao has aroused the listing expectation of many LED companies. According to the GLII survey, 43 LED companies have completed the share reform, and they are eager to "sing on stage." We believe that the entire listed company in 2010 will never be a national star or a dry photo. There may be another listing in the second half of the year. I hope that the larger ones are Ruifeng Optoelectronics and Hongli Optoelectronics in the packaging field.

Looking at the LED stock price situation in the first half of 2010, compared with the end of last year, the stock price of LED companies has not risen, the market and investors are restoring rationality, but some companies still have high P/E ratios, such as Dehao Runda. The P/E ratio reached 152.