China's LED is supported by the policy and it is bright.

The mainland will phase out and disable incandescent lighters from October onwards, which is expected to stimulate the demand for LED energy-saving lamps. The market is optimistic about the mainland LED major epitaxy manufacturers such as Sanan Optoelectronics, BDO Runda, Shilan Ming core, etc., in the fourth quarter under the government subsidies, will be started in advance to expand production in response to LED lighting requirements of various government contracted.

As these 4 large plants are all major customers of Wangfu (6223), Wangqi LED inspection equipment orders will be transparent and transparent in the first half of the year, and shipments will reach new heights.

In the 3rd quarter of Mongkong, the camp revenue reached 990 million yuan, which was 8% in the quarter. This was mainly due to the fact that wafer foundries reduced the utilization rate of production capacity and led to the decline in the number of probe cards. However, according to estimates by legal person, the gross profit margin of Q3 should be stable at 40%, EPS (Earnings per Share) will be more than RMB 2. This is equivalent to the EPS of the first three quarters will reach more than RMB 7 due to the 4th quarter probe card. The recovery in the number of needles also benefited from the subsidy of LED factories in the mainland. This year, EPS still has a challenge of 10 yuan. Prosperous shares rose by 3.1 yuan yesterday to 81.9 yuan, with 1,456 transactions.

Mainland China plans to launch a subsidy policy for local LED manufacturers in the fourth quarter, hoping to reduce the price of LED energy-saving lamps to further encourage mainland enterprises and residents to adopt energy-saving LED lighting. In terms of policy, the mainland has also decided to phase out incandescent light bulbs and replace them with LED bulbs since October of this year. Since October 2012, it has banned the sale and import of incandescent lamps for general lighting of 100 watts and above to 2016. Fully disable incandescent lamps.

In other words, the mainland now has only one year left to phase out incandescent light bulbs of 100 watts or more, which is naturally more advantageous for LED factories. It is worth noting that in order to protect the local LED industry and encourage investment in the LED lighting market, the mainland officials started the subsidy mechanism again in the fourth quarter. Therefore, they include Sanan Optoelectronics, BDO Runda, GCL-Poly, Shilan Mingxin, etc. China's first-line LED epitaxial plant has already announced plans to start an expansion ahead of schedule in order to respond to LED lighting requirements from local governments.

In fact, although the market reported that the expansion of LED production in mainland China was stagnating in the third quarter, shipments of LED inspection equipment in the third quarter of the season rose by 20%. Wang Hao stated that the mainland's first-line LED manufacturers did not stop the expansion of production operations, affected by the second-tier and third-tier small factories, Wangjing major customers are first-tier big manufacturers, so testing equipment shipments continue to record high, and now the mainland will subsidize The local LED plant will help the gradual increase in the shipment of follow-up inspection equipment.

In the wafer probe card, due to the customer's inventory to come to an end, the demand has returned to temperature, the number of probe card pins has risen in September, and the fourth quarter will be better than the third quarter, in the LED device. With the recovery of shipments and probe card shipments, it was not unfavorable for the quarter.