Sunlight LED revenue will increase to more than 50% next year

Everbright Securities Co., Ltd. analyst released a research report on sunshine lighting on August 5. In the first half of the year, Sunshine Lighting achieved a revenue of 1.46 billion yuan, a year-on-year increase of 23%, and a net profit of 100 million yuan, a year-on-year increase of 13%. In the second quarter, the company's revenue and net profit were 810 million yuan and 34 million yuan, respectively, with a year-on-year growth rate of 32% and 14%.

Analysts said that although the energy-saving lamp industry will shrink in the next few years, two factors will make Sunshine's energy-saving lamp business maintain growth: 1) Philips will integrate suppliers, Sunshine's market share will expand; 2) Development and Reform Commission In February, the “China Roadmap for Gradually Lowering Fluorescent Lamps” was released, and the small factory share with backward production processes will gradually be integrated into the leading industries such as solar lighting. Analysts believe that the solar lighting business is highly market-oriented and there is no risk of negative reporting.

Everbright Securities analysts believe that Sunshine Lighting will have a stronger industry position in the LED era than in the era of energy-saving lamps. The light-duty properties of energy-saving lamps are strong. The world's top three lighting companies Philips, Osram and GE rely on their respective strategic suppliers. Sunshine is Philips' largest supplier; LED lighting has stronger electronic industry attributes and higher technical barriers. The scale effect is also more pronounced, and the potential market space for sunlight is greatly increased. Sunshine also achieved volume shipments of LED products for the North American electrical retail chain Lowes.

In the long run, the integration of LED light sources and lamps is an inevitable development law of the industry. Companies that have layouts in both aspects will benefit significantly.

The proportion of LEDs in sunshine lighting revenue has increased from less than 8% in the first half of 2012 to 27% in the first half of this year. Analysts expect to increase to more than 50% next year. With the increase in LED ratio, the company's valuation will be Close to the electronics industry, Everbright Securities maintains a Buy rating.


The Co-Al Co-doped Barium Titanate Lead-free Piezoelectric Ceramics was successfully developed by Yuhai company through repeated experiments. By Researching the influence of Co-Al Co-doping on the structure and properties of Barium Titanate-based piezoelectric ceramics, the formulation and preparation technology of Barium Titanate-based piezoelectric ceramics were optimized. Yuhai`s BaTiO3 was prepared by conventional solid-phase sintering method, with the piezoelectric constant d33 (>170pC/N), dielectric loss tgδ≤0.5% and mechanical coupling coefficient  Kp≥0.34.

Barium titanate lead-free piezoelectric ceramics are important basic materials for the development of modern science and technology, which was widely used in the manufacture of ultrasonic transducers, underwater acoustic transducers, electroacoustic transducers, ceramic filters, ceramic transformers, ceramic frequency discriminators, high voltage generators, infrared detectors, surface acoustic wave devices, electro-optic devices, ignition and detonation devices, and piezoelectric gyroscope and so on.

Application:  military, ocean, fishery, scientific research, mine detection, daily life and other fields.

 

China Patent of Yuhai company`s BaTiO3

Chinese Patent No.: ZL 2011 1 0126758.6   

Name: Lead-free Barium Titanate Piezoelectric Material with Addition of Cobalt and Aluminum 

8



Lead free piezo material BaTiO3

Lead-free Material

Properties

 

 

BaTiO3

Dielectric Constant

ɛTr3

 

1260

Coupling factor

KP

 

0.34

 

K31

 

0.196

 

K33

 

0.43

 

Kt

 

0.32

Piezoelectric coefficient

d31

10-12m/v

-60

 

d33

10-12m/v

160

 

g31

10-3vm/n

-5.4

 

g33

10-3vm/n

14.3

Frequency coefficients

Np

 

3180

 

N1

 

2280

 

N3

 

 

 

Nt

 

2675

Elastic compliance coefficient

Se11

10-12m2/n

8.4

Machanical quality factor

Qm

 

1200

Dielectric loss factor

Tg δ

%

0.5

Density

ρ

g/cm3

5.6

Curie Temperature

Tc

°C

115

Young's modulus

YE11

<109N/m3

119

Poison Ratio

 

 

0.33

 


Lead Free Piezoelectric Elements

Piezo Element,Piezo Ceramic Elements,Piezoelectric Ceramic,Pzt Tubes

Zibo Yuhai Electronic Ceramic Co., Ltd. , https://www.yhpiezo.com