As is well known, the domestic LED lighting industry has developed rapidly in the past two years. However, in this hot development trend, there are obvious signs of overheating investment in the LED lighting industry, and at the same time, the phenomenon of vicious competition in the LED industry is beginning to emerge.

Wu Wenbin, General Manager of Guangri Electric, told reporters that the cost of LED lighting products with the same power is 3-4 times that of traditional lighting products. However, a large number of poorly made LED lighting products in the market have seized the market at low prices, greatly reducing consumer trust.

According to the national roadmap for eliminating incandescent lamps, starting from this year, China's lighting industry will accelerate into the "energy-saving era". The government has also introduced billions of purchase orders and subsidy policies. However, the popularity of LED lighting products in the Chinese market has not kept up with the pace of favorable policies. How to break through difficulties in development, seize market opportunities, and promote the circular development of the industrial chain is a question worth considering.

The relevant person in charge of Dongguan Qinshang Optoelectronics Co., Ltd. believes that breakthroughs can be made in tackling core LED technologies, integrating resource advantages, reducing LED product prices, and promoting product popularization. To this end, Qinshang Optoelectronics recently launched the "Factory Incubation Plan", which shares more than 10 years of successful exploration experience, technology research and development design platform, large-scale production capacity, business model, and listing operation experience in the LED lighting industry with partners.