Nowadays, there are frequent capital mergers and acquisitions in the lighting industry. Generally speaking, these frequent capital mergers and acquisitions have more advantages than disadvantages for the long-term development of the lighting industry. Small and medium-sized enterprises with M & A value enter the mainstream enterprises, and small and medium-sized enterprises lacking M & A value gradually withdraw from the market due to insufficient financial strength and technical strength, and market competition enters an orderly state. Enterprises can invest more in technology. Nowadays, capital mergers and acquisitions in the lighting industry are frequent. Generally speaking, these frequent capital mergers and acquisitions have more advantages than disadvantages for the long-term development of the lighting industry. Small and medium-sized enterprises with M & A value enter the mainstream enterprises, and small and medium-sized enterprises lacking M & A value gradually withdraw from the market due to insufficient financial strength and technical strength, and market competition enters an orderly state. Enterprises can invest more in the optimization and upgrading of technologies and products as well as the service to customers, and thus gain greater competitive advantages. Whether the capital merger and acquisition can achieve the effect of 1 12 depends to a large extent on how the merger and acquisition enterprise integrates the business and culture of the merged enterprise. If the two sides can face up to and positively understand the differences between enterprises, they can give full play to the effect of mergers and acquisitions if they can take their strengths to make up for their weaknesses and make up for their weaknesses. Otherwise, we will ignore the characteristics and strengths of the acquired Enterprise and blindly criticize it, even by means of high pressure to implement strategies or measures that may not be suitable for its related business development, it will definitely seriously dampen the enthusiasm of the employees of the acquired enterprises, and let some enterprises that are originally very distinctive and can create value disappear due to mergers and acquisitions. As a result, the market lost a characteristic enterprise, and the results that the acquirer should achieve were also damaged. Employees of the acquired enterprise, especially the senior management of the enterprise, should also take the initiative to adapt to the changes in corporate culture and make full use of the opportunities brought about by mergers and acquisitions so that the business and itself can have greater development. The fact is, we welcome the emergence of large and strong enterprises, and we also expect small and beautiful enterprises to flourish, to be unique in some market segments and to have irreplaceable market positions, become Market useful of supplement and from generation to generation.