幸运飞艇5m3q

LED照明产业链趋于完善替代传统照明
来源:网络 日期:2019-04-16 浏览

一、百年电气照明行业发展,技术革新为主要推动力

RENLEICONGJINRUDIANQIZHAOMINGSHIDAIZHIJINYIJINGJINGLILESHANGBAINIAN,ZAIJISHUFAZHANTUIDONGXIAZHAOMINGXINGYEZHUYAOJINGLILESIGEFAZHANJIEDUAN,GEGEJIEDUAN DAIBIAOXINGZHAOMINGCHANPINGEYOUYOULIESHI,DANZHAOMINGXINGYEZHENGTICHAOZHEHUANBAOJIENENGDEFANGXIANGFAZHAN。

(一)传统照明:率先在欧美扩大市场

幸运飞艇5m3q DIANQIGUANGYUANDEFAZHANCONG 19 SHIJIMOQIKAISHIZHIJIN,JINGLILESIGEBUTONGFAZHANJIEDUAN,MEIGEJIEDUANDOUYOUXINDETUPO,GEJIEDUANZHUYAODAIBIAOXINGCHAN PINFENBIESHIBAICHIDENG、YINGGUANGDENG、LUSUDENGJIJIENENGDENG、LED DENG。

「行业深度」照明行业深度:LED照明产业链趋于完善替代传统照明

CONGQUANQIUFAZHANJINCHENGLAIKAN,YINGMEIDENGGUOJIAJIYUJIAOWEILINGXIANDEYANFAYOUSHI,LVXIANSHIDECHUANTONGZHAOMINGCHANPINYINGYONGDAOJUMINRICHANGSHENGHUOZHONG,ERBAOKUOZHONGGUOZAINEIDEYIXIEFAZHANZHONGGUOJIAZEJINRUZHAOMINGSHIDAIJIAOWAN。 GEGEJIEDUANDAIBIAOXINGZHAOMINGCHANPINGEYOUYOULIESHI,DANZHAOMINGXINGYEZHENGTICHAOZHEHUANBAOJIENENGDEFANGXIANGFAZHAN。MUQIAN,LED ZHAOMINGJISHUYIJINGCHENGSHU, ZHENGKUAISUSHIXIANDUICHUANTONGZHAOMINGCHANPINDETIDAI。

「行业深度」照明行业深度:LED照明产业链趋于完善替代传统照明


「行业深度」照明行业深度:LED照明产业链趋于完善替代传统照明

(二)LED 照明:产业链趋于完善,逐渐替代传统照明

1、照明产业链上游集中度高,下游集中度低

LED JIFAGUANGERJIGUAN,SHINENGGOUJIANGDIANNENGZHUANHUAWEIKEJIANGUANGDEGUTAIDEBANDAOTIQIJIAN,KEYIZHIJIEBADIANZHUANHUAWEIGUANG。LED DEHEXINBUJIANSHI BEIHUANYANGSHUZHIFENGZHUANGQILAIDEBANDAOTIJINGPIAN,LIANGDUANLIANJIEDIANYUANDEZHENGFUJI。JINGPIANYOU P XINGBANDAOTIHE N XINGBANDAOTIZUCHENG,P XINGBANDAOTIDE KONGXUENONGDUGAO,N XINGBANDAOTIZIYOUDIANZINONGDUGAO,LIANGZHONGBANDAOTILIANJIEQILAI,XINGCHENGYIGE P-N JIE。DANGDIANLIUTONGGUOJINGPIANDESHIHOU,DIANZI LIUXIANG P QU,YUKONGXUEFUHE,BINGYIGUANGZIDEXINGSHIFACHUNENGLIANG,GUANGDEBOZHANGQUJUEYUXINGCHENG P-N JIEDECAILIAO,JUEDINGGUANGDEYANSE,GUANGDEQIANGRUO QUJUEYUDIANLIUQIANGDU。

MUQIAN, LED JUYOUCHENGSHUDESHENGCHANGONGYI,CHANYELIANYIZHENWANBEI,CHANPINCHUANGXINCENGCHUBUQIONG,YINGYONGLINGYURIQUGUANGFAN。LED ZHAOMINGXINGYECHANYE LIANZHUYAOBAOKUO:SHANGYOUXINPIANYANFASHENGCHAN,ZHONGYOUZHAOMINGCHANPINSHENGCHANJIFENGZHUANG,XIAYOUZHAOMINGYINGYONGLINGYU。CHANYELIANSHANGYOU、ZHONGYOUDUOWEIZIBENMIJI YUJISHUMIJIXINGXINGYE,CHANPINGAODUBIAOZHUNHUA,SHICHANGXIANGDUIJIZHONG。ERCHANYELIANXIAYOUCHANPINXUQIUXIANGDUIGEXINGHUA,DUOPINLEI、DUO SKU,SHICHANG JIZHONGDUDI。SUIZHE LED JISHUDEBIANGE,ZHAOMINGXINGYEXIANGJICHENGHUAFAZHAN。

「行业深度」照明行业深度:LED照明产业链趋于完善替代传统照明

2、LED 照明正快速实现对传统照明产品替代

SHIJIEGEGUOLUXUTAOTAIBAICHIDENG。ZAIGELEIZHAOMINGCHANPINZHONG,BAICHIDENGLISHIYOUJIU,SHIYONGFANWEIGUANGKUO,DANYOUYUQITONGGUOWUZHIFUSHEFAGUANG,NENG LIANGZHUANHUANXIAOLV(JIGUANGXIAO)JIAODI,SHIJIEGEGUOYILUXUMINGQUELETAOTAIBAICHIDENGDESHIJIANBIAO。QIZHONG,OUZHOU、AODALIYA、RIBEN、MEIGUODENG GUOTAOTAIJIHUAQIDONGXIANGDUIJIAOZAO,ZHONGGUOGUOJIAFAGAIWEIYU 2011 NIAN 11 YUE 4 RIZHENGSHIFABUBAICHIDENGTAOTAILUXIANTU,JIHUADAO 2016 NIANQUANMIANJIN ZHIBAICHIDENGDEJINKOUYUXIAOSHOU。

「行业深度」照明行业深度:LED照明产业链趋于完善替代传统照明


「行业深度」照明行业深度:LED照明产业链趋于完善替代传统照明

MUQIAN,LED ZHAOMINGJISHUYIJINGCHENGSHU,QUANQIU LED ZHAOMINGSHICHANGGUIMOKUAISUKUODA,YIJINGYOU 2009 NIANDE 17.50 YIMEIYUANKUOZHANZHI 2017 NIANDE 551 YIMEIYUAN,NIANJUNFUHEZENGSU 54%;SHENTOULVFANGMIAN,LED ZHAOMINGZHENGKUAISUSHIXIANDUICHUANTONGZHAOMINGCHANPINDETIDAI,QUANQIU LED ZHAOMINGSHENTOULV YIJINGYOU 2009 NIANDE 1.5%KUAISUTISHENGZHI 2017 NIANDE 36.7%。

「行业深度」照明行业深度:LED照明产业链趋于完善替代传统照明

二、LED 照明发展正当时,中国为全球重要出口国

(一)LED 照明发展正当时

1、全球主要照明应用市场结构不断调整

幸运飞艇5m3q LED ZHAOMINGCHANYEGUANGFANFENBUZAIBEIMEI、YAZHOU、OUZHOUDIQU。FENCENGCIKAN,XIOU、RIBEN、MEIGUOLINGXIANQUANQIU,SHENGENGJISHUYANFA,ZHANJUXING YEZHIGAODIAN,OUZHOUYOUOUSILANG、FEILIPUZHEIYANGDEZHAOMINGXINGYEBAINIANJUTOU,RIBENYIRIYAHUAXUEWEISHOUDEKEJIQIYEZAI LED XINGYELINGXIANQUANQIU; YAZHOUQITAGUOJIAYEJIJIGENJIN,ZHONGGUOYUHANGUOGOUCHENGQUANQIU LED CHANYEDEDIERTIDUI,ZHEIGEZHENYINGDECHANGJIAYONGYOUXIAOFEILEIDIANZIWANZHENGCHANYELIAN, GUANZHUXIAOFEILEIDIANZICHANPINBEIGUANGYONG LED,QIJISHUYUDINGJIANQIYEYOUYIDINGCHAJU,YOUQISHIZAITONGYONGZHAOMINGLINGYU。ZHONGGUODALUDENGYAZHOUDIQUYI TUOJINGJIZENGZHANGHERENKOUYOUSHI,CHONGFENLIYONGGUANGDADESHICHANG,TIGAOYANFANENGLI,JIASUCHANYEKUOZHANG,YICHENGWEIQUANQIU LED CHANYEDEXINXINGSHILI。

「行业深度」照明行业深度:LED照明产业链趋于完善替代传统照明

幸运飞艇5m3q CONGQUANQIUTONGYONGZHAOMINGSHICHANGJIEGOULAIKAN,ZHONGGUOQUYUZHANBIZHUNIANTISHENG。MAIKENXIBAOGAOYUCE 2020 NIAN,ZHONGGUOQUYUZHANBIJIANGYOU 2010 NIANDE 14%TISHENGDAO 20%ZUOYOU,ZHONGGUODIQUTONGYONGZHAOMINGSHICHANGGUIMOZENGSUYEYOUWANGCHIXULINGXIANQITAQUYU。

「行业深度」照明行业深度:LED照明产业链趋于完善替代传统照明

2、中国目前是全球照明产品主要生产国之一

MUQIANZHONGGUOCHUKOUDE LED CHANPINGUIMOZHANQUANQIU LED ZHAOMINGSHICHANGGUIMODE 20%YISHANG。SHUJUXIANSHI,ZHONGGUO LED ZHAOMINGCHANPINJINGLILE 2015NIANZENGSUXIANZHUXIAHUAHOUKAISHIHUIFUXINGZENGZHANG,2017 NIANWOGUO LED ZHAOMINGCHANPINCHUKOUJINEDADAO 129 YIMEIYUAN,TONGBIZENGZHANG 15%。CONGCHUKOU JIEGOULAIKAN,OUMENG、MEIGUO、RIBEN、DONGMENGJIZHONGDONGGUOJIASHIWOGUOZHAOMINGCHANPINCHUKOUDEZHUYAOSHICHANG。

「行业深度」照明行业深度:LED照明产业链趋于完善替代传统照明

(二)中国 LED 照明产业发展现状:规模持续攀升,渗透率逐年提高

1、规模:2018 年中国 LED 照明产业增速提升,产值突破 7300 亿人民币

SUIXIAYOUXUQIUCHIXUZENGZHANG、GUOJICHANGSHANGZHUBUTUICHUZHONGGUOSHICHANG、DAIGONGDINGDANZENGJIA,ZHONGGUOBANDAOTIZHAOMINGCHANYEJIEGOUXINGCHANNENGGUOSHENGJUMIANHUANJIE, CHANYEGUIMOKUODA。CSA Research FABUDE《2018 NIANZHONGGUOBANDAOTIZHAOMINGCHANYEFAZHANLANPISHU》SHUJUXIANSHI,2018 NIANZHONGGUOBANDAOTIZHAOMING XINGYEZHENGTICHANZHIDADAO 7374 YIYUAN,TONGBIZENGZHANG 12.8%,QIZHONG,WAIYANXINPIANHUANJIECHANZHIDADAO 240 YIYUAN,TONGBIZENGZHANG 3.4%;FENGZHUANGHUANJIE CHANZHI 1054 YIYUAN,TONGBIZENGZHANG 9.4%;YINGYONGHUANJIECHANZHI 6080 YIYUAN,TONGBIZENGZHANG 13.8%。LED YINGYONGHUANJIEYOUFENWEITONGYONGZHAOMINGHETESHU ZHAOMINGLIANGDAYINGYONGFANGXIANG,QIZHONG 2018 NIANWOGUOTONGYONGZHAOMINGCHANZHI 2679 YIYUAN,TONGBIZENGZHANG 5%,ZHANYINGYONGSHICHANGDE 44.1%;TESHUZHAOMINGCHANZHI 3401 YIYUAN,TONGBIZENGZHANG 21.8%,ZHANYINGYONGSHICHANGDE 55.9%。

「行业深度」照明行业深度:LED照明产业链趋于完善替代传统照明

TESHUZHAOMINGLIJINGGUANZHAOMINGFAZHANXUNSU,2018 NIANJINGGUANZHAOMINGCHANZHI 1007 YIYUAN,TONGBIZENGZHANG 26.5%,YUEZHANTESHUZHAOMINGSHICHANGGUIMODE 30%, ZHANZHENGTIYINGYONGSHICHANGDE 16.6%。

「行业深度」照明行业深度:LED照明产业链趋于完善替代传统照明

2、结构:国内照明产品总销量中 LED 照明产品占比提升至 70%

幸运飞艇5m3q SHENTOULVFANGMIAN,2018 NIANWOGUOGUONEIXIAOSHOU LED ZHAOMINGCHANPINYUE 64 YIZHI(TAI/TAO),TONGBIZENGZHANG 36%,SHICHANGSHENTOULVJIAO 2017 NIANTISHENG 5pct ZHI 70%(ZHU:LED ZHAOMINGCHANPINGUONEISHICHANGSHENTOULV=LED CHANPINGUONEIXIAOLIANG/ZHAOMINGCHANPINGUONEIZONGXIAOLIANG)。TONGSHI,GUONEI LED ZHAO MINGCHANPINDEZAIYONGLIANGDADAO 60 YIZHI(TAO),GUONEI LED CHANPINZAIYONGLIANGSHENTOULV(LED ZHAOMINGCHANPINZAIYONGLIANG/ZHAOMINGCHANPINZAIYONGLIANG)YEYIDA DAO 49%。

KONGJIANFENBUFANGMIAN,SHOUDIFANGZHENGFUFUCHIZHENGCE、CHANYEGUIHUADENGYINGXIANG,MUQIANWOGUOZHAOMINGQIYEZHUYAOJIZHONGZAIZHUSANJIAO、ZHANGSANJIAO、MINGANQUYU HEHUANBOHAIQUYU。CSA TONGJISHUJUXIANSHI,2017 NIANZHEISIDAQUYU LED ZHAOMINGCHANYECHANZHIZHANJUWOGUO LED ZHAOMINGCHANYEZONGCHANZHIDE 80%ZUO YOU,JIAO 2016 NIANTISHENGYUE 10pct。

「行业深度」照明行业深度:LED照明产业链趋于完善替代传统照明

JISHUFANGMIAN,WOGUOBANDAOTIZHAOMINGCHANYEJISHUWENBUTISHENG。CSA SHUJUXIANSHI,GONGLVXINGBAIGUANG LED CHANYEHUAGUANGXIAODADAO 180lm/W,YUGUOJI XIANJINSHUIPINGJIBENCHIPING;QIZHONG,LED SHIWAIDENGJUGUANGXIAOCHAOGUO 120 lm/W,SHINEIDENGJUGUANGXIAOCHAOGUO 100 lm/W。

「行业深度」照明行业深度:LED照明产业链趋于完善替代传统照明

3、竞争格局:中国照明企业实力快速提升,产业区域集聚性强

JINNIANLAI,FEILIPU、OUSILANGDENGHAIWAIPINPAIZHUJIANTUICHUZHONGGUOSHICHANGJINGZHENG。ZHONGGUOZHAOMINGQIYEYIFANGMIANTONGGUOZISHENJINGYINGGUANLITIXIAOWENDINGFAZHAN, LINGYIFANGMIANLUXUTONGGUOHAIWAIBINGGOUSHIXIANWANDAOCHAOCHE,RUFEILEYINXIANGSHOUGOUXIWANNIANJIXIANGGUANZIGONGSI、MULINSENSHOUGOUOUSILANGZHAOMINGYEWUGONGSI LEDVANCE。CIWAI,HAIYOUYIXIEQITAQIYEKAISHIBUJUZHAOMINGYEWU,RULUYITONGSHOUGOUSHENGHUIDIANZI、ZHANGFANGJITUANSHOUGOUKANGMINGSHENGDENG。

「行业深度」照明行业深度:LED照明产业链趋于完善替代传统照明


「行业深度」照明行业深度:LED照明产业链趋于完善替代传统照明

MUQIANWOGUO LED ZHAOMINGSHICHANGGEJUGAODUFENSAN。YIGUONEIZHAOMINGCHANPINXIAOSHOUNIANGUIMOZUIDADEOUPUZHAOMINGWEILI,2018 NIANGONGSIZHAOMINGCHANPINXIAOSHOU SHOURUZHANWOGUO 2018 NIAN LED ZHAOMINGYINGYONG-TONGYONGZHAOMINGSHICHANGGUIMODEBILIYEJINYOU 3%-5%ZUOYOU。

「行业深度」照明行业深度:LED照明产业链趋于完善替代传统照明

三、中国 LED 产业整合料将持续,蓝海市场渠道为王

幸运飞艇5m3q ZAICHUANTONGZHAOMINGSHIDAI,CHANPINSHEJI、ZHIZAOGONGYIZAIBAOZHENGGUANGYUANWENDINGXINGHENAIYONGXINGSHANGJUYOUGUANJIANZUOYONG,ZHAOMINGJUTOUPINGJIEJISHUJILEIYONGYOUCHAN PINZHILIANGSHANGDEYOUSHI,CHENDIANLEPINPAISHILIHEQUDAOYOUSHI,ZHANJUDABUFENSHICHANG。MUQIANCHUANTONGZHAOMINGSHIWEI,XIANG LED ZHAOMINGZHUANXING,CHANYELIANXIA YOUJIGUANGYUANZHIZAOJISHUHANLIANGHEZHIZAOCHENGBENJIANGDI,SHIDEZHONGGUOBENTUQIYEJINGZHENGYOUSHITUXIAN,OUMEIDAQIYEFENFENTUICHUZHONGGUODIQUTONGYONGZHAOMING YEWU。LINGYIFANGMIAN,YOUYUDEDAOZHENGFUFUCHIHEBINGGOUDEDALIANGCHUXIAN,ZHONGGUOZAIJISHUSHANGYEZHUJIANGENJIN,CONGXINPIAN、FENGZHUANGDAOGUANGYUAN,ZHENGGE LED CHANYELIANZAIZHONGGUOYIJINGCHENGXING,BINGDEDAOXUNSUFAZHAN。WOMENRENWEIWEILAIZHONGGUO LED ZHAOMINGXINGYECHANYEDUANJIANGCHIXUXIANGCHANYEZHENGHEYUYOUHUAFANGXIANGFA ZHAN,ERYINGXIAODUANQUDAOGUANLINENGLIHUOJIANGCHENGWEIQUSHENGGUANJIAN。

(一)产业端:中国 LED 照明产业整合料将持续

WOGUO LED ZHAOMINGQIBUXIANGDUIJIAOWAN,DANZHAOMINGSHICHANGKONGJIANDA,DIDUANCHANPINXINGYEZHUNRUMENJIANXIANGDUIJIAODI。LED ZHAOMINGXINGQIHOU,DALIANGSHEHUI ZIBENYONGRU,XINGCHENGLEXINGYEJIZHONGDUDI、SHICHANGJINGZHENGJILIEDEGEJU。YIXIANPINPAIZHANJUZHEZHONGGAODUANSHICHANG,ERZHONGDUOZHONGXIAOZHAOMINGSHENGCHANQIYECHAN PINJISHUCHENGSHUDUHEZHILIANGWENDINGXINGDI,CHANPINFUJIAZHIXIANGDUIJIAODI,CHANPINTONGZHIHUAXIANXIANGJIAOWEIYANZHONG,ZHINENGYIJIAGEJINGZHENGWEIZHUYAOSHOUDUANCANYU DIDUANSHICHANGDEJINGZHENG,DAOZHI LED ZHAOMINGXINGYECHUXIANLEDIDUANWUXUJINGZHENGXIANXIANG,BUJINYINGXIANGZHE LED ZHAOMINGQIYEDEYINGLIZHUANGKUANG,GENGJIABU LIYU LED ZHAOMINGXINGYEDEJIANKANGHEKECHIXUFAZHAN。

LED ZHAOMINGXINGYESHIYIGEJISHUMIJIXINGHEZIBENMIJIXINGXINGYE,DUIZHUANLIJISHU、ZIBENTOURUDEYILAICHENGDUGAO,YIWEIZHECHANYEJIYUEHUAQUSHI BUKEBIMIAN。WOGUOZI 2013 QIKAISHICHUXIANCHANYELIANZHENGHECHAO,JINNIANYOUYUYANYULIEDEQUSHI。ZHENGTILAIKAN,LED XINGYEDEBINGGOUYICHENGWEIXINGYE ZHENGHEDEZHUYAOSHOUDUAN,QIANQIYIZONGXIANGYITIHUAZHENGHECHANYELIANYOUHUASHENGCHANWEIZHU,HOUQIANLIKAISHISHEJIHAIWAIBINGGOU、KUAJIEBINGGOU,QIYEMOUQIU ZAIQUANQIUSHICHANGZHONGDEZHANLVEDIWEI,ZAIKUAISUBIANDONGDEJINGZHENGGEJUZHONGXUNQIUYIXIZHIDI。GUONEIYUKUAGUOBINGGOUYIFANGMIANKUOZHANGLEQIYEGUIMO,ZHENGHE YUSHIFANGGUONEICHANNENG,LINGYIFANGMIANNENGGOUGENGDAFANWEILIYONGYOUSHIJISHU,KANGHENGGUOWAIZHUANLILONGDUAN。

「行业深度」照明行业深度:LED照明产业链趋于完善替代传统照明

(二)营销端:蓝海市场中渠道为王

幸运飞艇5m3q ZHAOMINGCHANPINSHUYUSHENGCHAN、SHENGHUOBIXUPIN,GUANGFANYINGYONGYUGONGYE、SHANGYE、HUWAI、JIAJUDENGDUOLINGYU。MIANDUI LED ZHAOMINGTIDAICHUANTONGZHAOMINGJITE SHUZHAOMINGYINGYONGLINGYUTUOZHANDAILAIDEJUDASHICHANGKONGJIAN,ZHAOMINGYEJUTOUFENFENZHUANXING,KUODA LED YEWUTILIANG。WENDING、GAOXIAODEYINGLIMOSHIXIANDE SHIFENZHONGYAO,MUQIAN,QIYEDUIXIAOSHOUMOSHIDEXUANZESHIDUOZHONGDUOYANGDE,YOUDEQIYEXUANZEZHIXIAOMOSHI,YOUDEQIYEXUANZEJINGXIAOMOSHI,YOUDEQI YECAIQUYIZHONGYOUSUOCEZHONGDEHUNHEMOSHI。

ZHIXIAO:CHANGJIAZHIJIEXIAOSHOUSHANGPINHEFUWU,ZHIXIAOZHERAOGUOCHUANTONGPIFASHANGHUOLINGSHOUTONGLU,ZHIJIECONGGUKEJIESHOUDINGDAN。ZHIXIAOMOSHIKEYILAJINYU XIAYOUKEHUDEJULI,NENGJISHI、ZHUNQUEDEBAWOSHICHANGDEDONGTAI、KEHUXUQIU,TONGSHI,YEYOULIYUGENGHAODIFUWUKEHU,WENGUYUKEHUDEHE ZUOGUANXI,ZENGJIAKEHUNIANXING,DANCHENGBENJIAOGAO,QIYEKEHUZHUYAOSHIDAKEHUSHI,QINGXIANGYUZHEIZHONGMOSHI。ZHUYAOCAIQUZHIXIAOMOSHIDECHANGJIAYOUGUANG PUGUFEN、DEBANGZHAOMINGDENG。

JINGXIAO:CHANGJIAJIANGSHANGPINMAIJIJINGXIAOSHANG,ZAIYOUJINGXIAOSHANGJIANJIECHUSHOUJIGUKEDEMOSHI。ZAIMIANLINKEHULINGSAN、SHICHANGXUQIUQINGKUANGFUZADESHIHOU, CAIYONGJINGXIAOMOSHINENGGOUCHONGFENWAJUEGEQUYUDESHICHANGXUQIU,GENGGAOXIAOGUANGFANDISHIXIANGONGSICHANPINDETUIGUANGYUXIAOSHOU,JIANGDIQUDAOJIANSHEDECHENGBEN, ZHUANYIXIAOSHOUFENGXIAN。ZHUYAOCAIYONGJINGXIAOMOSHIDEQIYEYOUSANXIONGJIGUANG、YANGGUANGZHAOMING、OUPUZHAOMING、FOSHANZHAOMINGDENG。

「行业深度」照明行业深度:LED照明产业链趋于完善替代传统照明

LED 蓝海市场中,营销端渠道管理能力或将成为取胜关键幸运飞艇5m3q。目前我国 LED 照明应用市场中龙头企业欧普照明稳步 发展,我们认为公司得以从众多生产商中脱颖而出一方面在于研发技术积累,另一方面在于公司把握行业发展趋势 在渠道端的精细化管理。

OUPUZHAOMINGZAIGUONEICAIYONG“JINGXIAOWEIZHU、ZHIXIAOWEIFU”DEXIAOSHOUMOSHI,YIQUDAOXIACHENTUOZHANXIAOSHOUCHUJIAO,YIZHENGTIFANGANTIXIANZENGZHIFUWU, YIDUOYUANQUDAODATONGXIANSHANGXIANXIA。2015 NIANSHIGONGSIYONGYOUJINGXIAOSHANGZHONGDUANWANGDIANSHULIANG 40162 JIA,ZHUYAOFENBUZAIHUANANDIQU;JINGGUOQUDAOXIACHEN YUTUOZHAN,MUQIANGONGSIYONGYOUCHAOGUO 4000 JIAZHUANMAIDIANYIJICHAOGUO 10 WANJIALIUTONGWANGDIAN,FUGAIWOGUO 90%YISHANGDESHENGSHIJIDIJISHI。QIANWUSHI DAZHUYAOJINGNEIJINGXIAOSHANGZHONG,90%YISHANGHEZUOSHIJIANZAI 3 NIANYISHANG,ZHONGCHENGDUXIANGDUIGAO。CHUKOUWEIJINGXIAOMOSHI,CAIYONGZIZHUPINPAIBENDIHUAYUNYINGCELVE,BUDUANKAITUOHAIWAISHICHANG。

幸运飞艇5m3q ZAIQUDAOGUANLIFANGMIAN,OUPUZHAOMINGZHENDUIBUTONGYEWUJINXINGCHAYIHUAGUANLI。JIAJUYEWU,LINGSHOUQUDAOZHONGDIANPEIYANGJINGXIAOSHANG“ZUOSHANG”ZHUAN“XINGSHANG” NENGLI,TISHENGZHONGDUANYUNYINGXIAOLV,ERLIUTONGQUDAOCEZHONGWANGDIANZHILIANGTISHENGHEFUGAILVTISHENG;DIANSHANGYEWU,CEZHONGPINLEITUOZHANHECANGCHUPEISONGFUWU SHENGJI;SHANGYONGYEWU,GONGSIBUDUANJIAQIANGFENXIAOQUDAOHEXIANGMUQUDAOJIANSHE,BINGZAISHEJISHIQUDAOJIANLIOUPUSHANGZHAODEPINPAIXINGXIANG。

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