Snow Wright launches LED car light LED strategic layout

On September 13th, at the 11th Guangzhou International Automobile Aftermarket Brand Exhibition, the well-known domestic lighting company Xuelaite (002076, shares it) lighting grandly launched the first LED car headlight products LED car headlights pioneer, this is Shelley near Two years after launching the LED industry, the first LED car light products. At this point, Shellett has taken an important step in LED automotive lighting to accelerate the strategic layout of the LED market. In fact, before and after the launch of its LED car light products, Shell Wright, which has always had little capital operation, suddenly appeared in the capital market, causing high concern in the industry. Snow Wright has conducted two consecutive heavyweight asset acquisitions this month. The main business of the M&A companies is LED. According to industry analysts, this lighting company, which started with energy-saving lamps, has set a bright future market for LEDs and is accelerating its implementation. Business transformation, comprehensive layout of LED lighting market. It has successively invested in Fushun Optoelectronics and Yike Optoelectronics to plan LED market. On the evening of September 10, Snow Wright released a restructuring plan. The company plans to acquire 100 shares of Fushun Optoelectronics Technology Co., Ltd. through the combination of issuing shares and paying cash and raise matching funds. The price of the asset M&A transaction was 495 million yuan. Then on September 14, Xue Leite and Shenzhen Yike Optoelectronic Technology Co., Ltd.'s two shareholders Li Bin and Lai Yizhen signed the capital increase of Shenzhen Yike Optoelectronic Technology Co., Ltd. The agreement, the company intends to invest RMB 10.056 million to obtain the 57.42 equity of Yike Optoelectronics in the form of capital increase and shareholding. This is the only two major asset mergers that Shell Wright has made since its launch in 2006. Coincidentally, both mergers and acquisitions occurred at the same time this month, with less than 5 days before and after. It is worth mentioning that Fushun Optoelectronics and Yike Optoelectronics, which are acquired by Shell, also have obvious commonalities in their main business. All of them are mainly engaged in LED related applications. According to the information, Fushun Optoelectronics Technology Co., Ltd. is located in Zhangzhou City, Fujian Province. The company was established in 1995. It is a national high-tech enterprise, which is mainly engaged in R&D, production, sales and service of LED display and lighting application products and solutions. The main products are LED lighting products, LED display systems and counter service products. The company's LED lighting and LED display systems accounted for about 95% of sales revenue last year. It can be foreseen that after the completion of the merger of Fushun Optoelectronics, the two parties will fully integrate the technological advantages, customer resources and product channels. The company will achieve greater development in LED lighting and application, and fully open the LED application market. Coincidentally, after Fushun Optoelectronics, Shellett invested in Yike Optoelectronics, and Yike Optoelectronics is engaged in the field of LED automotive lighting, which is considered to be more market-scale and higher value-added. According to online public information, Yike Optoelectronics Co., Ltd. is a company specializing in R&D, design, production and sales of automotive LED lighting products. This merger and acquisition, combined with the previous high-profile LED car headlight products introduced by Shell, the snow ambition in the field of LED car lighting can be seen. Xuelaite said that the company is actively promoting the two lines of automotive xenon lamps and automotive LED lighting in the automotive lighting business. Yike Optoelectronics' professional positioning and technology precipitation in the field of automotive LED lighting is conducive to the company's rapid realization of automotive helium. The development strategy of two product lines of lamps and automotive LED lighting. Optimistic about the LED lighting application field ushered in the third decade of transformation and development In recent years, the global LED application industry has developed rapidly, especially in the field of LED lighting applications, general lighting and automotive lighting is considered to be the fastest growing market, will Becoming an important driver of the future LED market. As far as the whole lighting industry is concerned, LED lighting has a comprehensive replacement for traditional lighting, which will lead to major changes in the lighting industry. The industry generally believes that the current penetration rate of China's LED market is not high, it is the best time for enterprises to lay out the industry. It is understood that Snowlight has seen a promising future in LED lighting since 2012, so it decided to start transforming key LED lighting products. Since 2013, Snowlight has focused on launching its healthy LED lighting products, covering road lighting, home lighting and other fields. Until this month, Shell Wright officially launched the first LED car headlight products, LED lighting application product expansion. To the field of automotive lighting. In fact, since 2013, LED products have seen a significant increase in the operating revenue share and growth of Shell. In the first half of this year, the company’s annual revenue showed that the company’s operating income was 228 million, a year-on-year increase of 14.15. The operating income of LED products reached 44.93 million, an increase of 207.44%. It will focus on the integration of technologies and channels in the field of downstream lighting. It is reported that Shellett started in 1992, focusing on the lighting field for more than 20 years, and now ushered in the third decade of the company's development. Chew's founder Chai Guosheng recently recalled his technical life in an interview with the media: I can condense the story of three lights into incandescent bulbs, energy-saving bulbs and LED bulbs. This short sentence can sum up the development history of Snow Wright: incandescent lamps and energy-saving lamps are the focus of the development of Shell Wright in the first two decades, and thus laid the position of Shellett in the field of traditional lighting; For a decade, that is, the current development period of Shelley's current and future, the core of Shellett will be LED, which may become the strategic transformation and development focus of this lighting company.

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