Foshan lighting to meet development opportunity case problem has been solved

( Reading] Huatai securities believes that the growth of our global LED lighting, LED lighting in China export scale. The LED lighting to replace traditional lighting light source and lamps and lanterns is faster, in 2015, the global LED lighting market scale reached $29. 9 billion, permeability of 27. 2. 。 。

huatai securities believes that the growth of our global LED lighting, LED lighting in China export scale. The LED lighting to replace traditional lighting light source and lamps and lanterns is faster, in 2015, the global LED lighting market scale reached $29. 9 billion, permeability of 27. 20%, is expected to 2020 global LED lighting average annual compound growth rate of up to 20. 36%; “ One Belt And One Road & throughout; LED industry upgrading transformation brings new opportunity of our country, in 2015 the export of Chinese LED lighting & other; One Belt And One Road & throughout; Market is about $10 billion, up 43%, accounts for the LED lighting products export ratio is 38%.

the foshan lighting with LED industry pace, positive transformation LED lighting

in 2014, foshan lighting LED sales revenue from 2 in 2013. Increasing 7. 7 billion yuan in 2014 to 9. 2. 6 billion yuan, the growth rate as high as 233. 99%, LED the whole system of products accounted for more than 30. 17%. In the future along with the further transformation and upgrading of the company work, LED products proportion also will be more and more big, the company through continuous transformation and upgrading, self innovation forward.

to strengthen channel innovation, litigation basic solution

in 2015, foshan lighting has 3000 outlets in China, with the aid of channel advantage, signed 6. Product ordering contract of $1. 3 billion. In 2016, will continue to increase investment in material, advertising and so on, rob engineering, decoration and other channels to market. By the end of 2015, the company for the litigation compensation has been basically completed, there will be no performance have a material impact on 2016 and beyond.

guang sheng, integration of industry resources, strengthen the LED industry

guang sheng star power in September 2014 in the country, integrating upstream chip, encapsulation field; On December 4, 2015, the direct and indirect holding foshan lighting 23. A 144% stake, The cost is about 15. 3 yuan/shares) LED lighting, the layout, Guang sheng group has rich experience in capital operation, is advantageous to the Buddha as through mergers and acquisitions to achieve the spanning development of brands, channels, technology. Is the first step on the company to change personnel changes, at present, the company new management ( The chairman, chief financial officer) Has been gained.

gradually withdraw from the international rivals, overseas m&a opportunities appear

the international lighting market competition is intense, osram, philips and so on each big manufacturers have strip lighting business plan; And future lighting products made largely transferred to China, the brand may be purchased by Chinese enterprises, therefore, huatai securities thinks that Chinese capital and industrial platform is likely to make overseas acquisitions, believe foshan lighting will also participate.