"boots" landing, LED companies busy integration for the next year's power

This week, the LED industry has finally reached a merger.

Royal Philips of the Netherlands announced that it has signed an agreement with Apollo Global Management LLC to sell 80.1% of Lumileds to Apollo Global Management, and Philips will retain the remaining 19.9% ​​of Lumileds Equity.

Philips expects the deal to bring about $1.5 billion in cash and equity to the group, which is expected to be completed in the first half of 2017.

Such asset restructuring is also taking place in the Chinese market.

This week, Dehao Runda issued a notice saying that it plans to price the international lighting business with a price of 190 million yuan. It plans to sell 100% of the shares of Hong Kong Dehao Optoelectronics to Ruiyu China High-Tech Industrial Investment Fund (Limited Partnership) (tentatively) Name) (hereinafter referred to as "Ruiyu Fund").

Dehao Runda LED lighting international business mainly includes the company's LED International Business Unit, the lighting factory under Guangdong Dehao NVC Lighting Co., Ltd., the lighting factory under Wuhu Dehao Runda Optoelectronics Technology Co., Ltd. and ETI Solid State Lighting. Inc.

In fact, Dehao Runda's international LED business is not bad. According to the data, Hong Kong Dehao Optoelectronics has a revenue of 480 million yuan in 2015 and a net profit of 25.8 million yuan. From January to September 2016, the revenue was 400 million yuan. The profit was 45.73 million yuan, a substantial increase from last year.

In this regard, Dehao Runda pointed out that the divestiture of the international lighting business by selling the equity of the subsidiary is a reasonable adjustment of the lighting business according to the actual operating conditions, which is conducive to the company to concentrate its superior resources and better focus and Make bigger and stronger domestic lighting business.

Behind the business adjustment, it shows that large enterprises are re-adjusting their own strengths and weaknesses, and they are building a new round of industry consolidation and elimination.

Some companies have also released performance reports this week.

Liard released the full-year performance forecast this week. The company expects 2016 profit of 629 million yuan - 695 million yuan, an increase of 90% -110%.

The company disclosed that in 2016, LED small-pitch TV entered the industry outbreak period, and the shortage of raw materials in the third quarter was alleviated. As of the end of November 2016, the new orders exceeded 1.6 billion yuan. Liad expects that the 2016 annual operating income will be achieved and exceed the target of 4 billion yuan, and the net profit for the period can be significantly increased.

At the same time as the traditional business accelerated the layout, Liard officially divested the relevant military business independently. According to the plan, Liard will set up a wholly-owned subsidiary, Liard Equipment Technology Co., Ltd. (hereinafter referred to as “equipment technology”), with a registered capital of 100 million yuan. It will better attract senior technical talents in the military industry and adapt to the needs of the military industry for technology research and development and confidentiality.

Jianfeng refers to the market growth point that 2017 must not say

Mr. Shuo is back. Every day, there is no nonsense. This week's topic is relatively boring, but I have to say that after all, this is a place for business. In fact, Bai Xiaosheng has explained all the content that he wants to share with everyone in the above fixed poem.

In 2016, that was a spring.

Bai Xiaosheng planned a series of filament lamps, and pushed the filament lamp to a cusp. Mulinsen's large capital operation simultaneously acquired the new and lighting, which promoted a qualitative leap in the development of filament lamps.

In the same year, Lianshang Optoelectronics grew at an alarming rate and became the largest filament packaging enterprise with the largest shipment of filament packaging in China and the world.

Many friends asked Bai Xiaosheng where is the spring market explosion in 2017? Today, I will share with you some personal insights - new market growth in 2017.

Strive to be a "drug company" in the industry?

I believe that everyone still remembers that Jiansen Power has slogan "Bad power, buy you a lamp", which has caused widespread concern in the LED circle. There are good sounds in the filming, and of course there are doubts.

Xin Mingfeng, chairman of Jiansen Technology, said, "As far as the customers concerned are concerned, as of now, there has not been a similar situation, but our commitment will always exist!"

Bao Jianfeng smashed out, plum blossoms came from bitter cold. Jiansen Technology used the quality of the products for a long time to confirm that the original commitment was not “opening the mouth”.

It is undeniable that the product's defect rate represents the quality of the product. For Jiansen Technology, the biggest success is that in the process of doing outdoor high-power power, there is no real customer complaint problem, and the defect rate is controlled at 0.05% due to the stability of the product.

"In fact, except for the incorrect installation line link, the occurrence of voltage breakage during the wiring process, installation of water and other uncertain factors, the defect rate of the real product has been controlled to 0.01%." Xin Mingfeng told Gaogong LED.

Xin Mingfeng said frankly, "Beginning in the sales process, everyone does not understand Jiansen Technology, and even many people do not know the brand of Jiansen Technology. Customers don't trust us very much. However, our products are very stable. Cost-effective is also very advantageous, in the principle of being a customer to retain a customer, and strive to be a "drug company" in the industry."

The market is forced to improve and improve the overall performance of the product

On August 8 this year, Liyang shares were officially listed on the New Third Board. According to financial report data, the operating income of Liyang Co., Ltd. increased by 38.15% compared with last year. The data shows that the situation next year may be more stable.

The growth of Liyang's shares is mainly due to the flip-chip light source and the large-capacity COB products. As early as this year, relevant people in the industry have expressed their opinions, and the flip-chip must be the trend in the next few years.

As far as the flip-chip market is concerned, Liyang has been investing for more than a year since last year and has been on a growing trend. Relevant data show that the average annual growth rate of more than 20% in the first three quarters of this year is promising.

After experiencing a new round of reshuffle, the LED industry chain is undeniably more and more healthy. Yin Yupeng revealed, "Next, we will lay out two areas, one is the headlights, and the other is the high-end stage lights. Install the market, research and develop products, either do not do it, do it best, and the most important thing is to solve the pain points of customers."

For the relatively scattered downstream lighting market, Yin Xiaopeng believes that “the enterprises with good downstream operations will become more and more prosperous, and the failure of poorly-operated enterprises will be inevitable, while the downstream customers will change the demand for products. The most obvious phenomenon is the product. The quality requirements are getting higher and higher, which forces us to constantly improve and improve the comprehensive performance of the products." (View details)

1.5 million yuan to strip Yingcheng lighting, brokers issued risk warning

Recently, Yingjier (835709) issued a statement saying that Yingjier intends to transfer 100% equity of Zhongshan Yingcheng Lighting Technology Co., Ltd. (hereinafter referred to as “Yingcheng Lighting”), a wholly-owned subsidiary, to natural person Chen Minjie for RMB 1.5 million.

It is understood that Yingcheng Lighting is a wholly-owned subsidiary of Yingjier. Yingjier focuses on the R&D, production and sales of LED filament bulbs and LED COB light engines.

Invier's semi-annual operating income for 2016 was 1,661,600 yuan, a decrease of 55.98% over the same period of last year; net profit was -47,960 yuan, a decrease of 513.93% over the same period of the previous year.

Ingell said that after the sale of Yingcheng Lighting's equity, it will improve the company's financial statement structure, reduce the company's financial costs, help the company have long-term stable income, and have a positive effect on the company's future performance and revenue growth.

Earlier, Ingil's sponsored brokerage Huachuang Securities issued a risk warning that it found that Inger had consecutive losses in 2015 and the first half of 2016. At present, the operation is more difficult, the liquidity is tight, and the liquidity relies on the actual controller and other related parties to borrow money. (View details)

2016 annual revenue or more than 4 billion yuan

Liard recently announced the full-year performance forecast. The company expects 2016 profit of 629 million yuan - 695 million yuan, an increase of 90% -110%.

The company disclosed that in 2016, LED small-pitch TV entered the industry outbreak period, and the shortage of raw materials in the third quarter was alleviated. As of the end of November 2016, the new orders exceeded 1.6 billion yuan.

At the same time, with the rise of Nanchang, Wuhan, Maotai, Chifeng, Shangrao and other cities, and the demonstration effect caused by the G20, the “Night Tour Economy” has become an important project in urban cultural construction, which has led to the LED city landscape lighting entering high growth. During the period, the company's LED lighting business segment performance increased significantly; in summary, 2016 annual operating income can achieve and exceed the target of 4 billion yuan, the current net profit can achieve substantial growth.

The strong performance is also reflected in the annual high-transfer profit distribution plan.

On the evening of December 15, Liard released the 2016 profit distribution plan, which is based on the total share capital of the company as of December 31, 2016, and distributes a cash dividend of 1.3 yuan (including tax) to every 10 shares of all shareholders. The provident fund will increase 10 shares for every 10 shares of all shareholders.

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