Siu Chi shares now rose 1.40% to 29.02 yuan. The company recently announced a new investment plan. The company plans to invest 200 million yuan to set up a wholly-owned subsidiary Shenzhen Zhao Chi Photoelectricity Co., Ltd. Although it is involved in LED industry investment, but market participants believe that in addition to Siu Chi shares in the LED lighting area, the company can achieve this and LCD TV production capacity support, the two complement each other, and then open the company's growth space.

According to the announcement, Zhao Chi Optoelectronics intends to invest in the establishment of Zhao Chi Optoelectronics, mainly to research and development, production and sales of LED TV backlight used in the light-emitting devices, medium and high power LED light-emitting devices. The light emitting device products used in LED TV backlights belong to the company's LCD TV upstream supporting products. LED lighting products belong to the company's expansion of existing product lines (LCD TVs, digital set-top boxes, video disc players).

It is reported that the LED business of Siu Chi shares in the future will focus on LED lighting, which may become an important growth point for the company. According to a research report by China Outreach Securities, in 2009, China's LED application market was approximately 65 billion yuan, and LED as a backlight has become a general trend. As LED lamps have the advantages of low power consumption, environmental protection, and long service life, LED lamps are currently used in the field of commercial lighting. In the future, as the price of LED chips continues to drop, the price of LED lights will be lowered. LED lights will gradually enter the homes of ordinary people and the market has great potential.