LED companies listed 'New Three Board' focus on capital operation

In recent years, with the LED tide sweeping the lighting industry, a large amount of capital has poured in, and the door to capital games in the lighting industry has opened suddenly. In just a few years, a large number of LED lighting concept stocks have emerged. Among them, in addition to the traditional sectors such as the main board, the small and medium-sized board, and the gem, The New Three Board has risen rapidly, greatly promoting the penetration of capital into the industry. In the traditional lighting industry, few companies can be listed, only a few companies such as Foshan Lighting, sunshine lighting, Shelley, Feile Audio, NVC Lighting, etc. , and almost blank in the lighting industry. listing is almost out of reach for them. In recent years, with the LED tide sweeping the lighting industry, a large amount of capital has poured in, and the door to capital games in the lighting industry has opened suddenly. In just a few years, a large number of LED lighting concept stocks have emerged. Among them, in addition to the traditional sectors such as the main board, the small and medium-sized board, and the gem, The New Three Board has risen rapidly, greatly promoting the penetration of capital into the industry. As we all know, the Shenzhen Stock Exchange and Shanghai stock exchange in the mainland have their high-end and high-grade thresholds, which have deterred many small and medium-sized enterprises, while the New Three Board has broken the pattern and made up for the shortcomings and deficiencies in the development of China's capital market. so that small and medium-sized enterprises no longer suffer from the cold of the capital market. The entry threshold is low, and the enterprise only needs to meet the three basic conditions of legally established and existing for two years, legal and compliant operation, continuous operation and explanation of the company's continuous operation capability with the share transfer company. it can be listed on the platform, and it can enjoy many preferential support policies such as government subsidy support, which has attracted many small and medium-sized enterprises. According to statistics, there were only 2 LED companies listed on the New Third Board in 2013, compared with 19 in 2014. At present, there are 26 LED companies listed on the New Third Board. In the beginning of this year alone, six LED lighting companies such as Zhuo Naipu, oumig and Leite technology have successively landed on the New Third Board. In addition, in the field of low-key lighting, Dongguan Jinda lighting is the first to successfully list the new third board, near the NVC Jiangsu operation center to create a good lighting listing new third board, but also unveiled the competition pattern of dealers participating in the listing. In 2015, the new third board seemed to become a dark horse galloping in the capital market overnight. It is reported that the total market value of the New Three Board listed companies has reached trillions. Which 2014 in the first half of the New Three Board enterprise average revenue in 58 million yuan about average gross margin for 24 about and 2015 has a 1 into the Enterprise announced the financing programme average yield is to 220. Low financing costs, flexible methods, policy support, low entry barriers, etc. , make the listing of the New Three Board become the life-saving straw for many small and medium-sized enterprises to overcome the current difficulties. However, everything has its advantages and disadvantages, and so does the New Third Board. Under the pressure of survival and development, some LED lighting enterprises are determined to list the new third board. However, after the listing is successful, the enterprises do not know what to do next. In addition to paying various taxes and fees, the financial transparency is subject to public supervision, the cost is increased under the standardization of management, and the handling fee of more than 2 million yuan is paid. The policy support that can be obtained from the government is not much. Listed enterprises do not make good use of capital leverage to integrate resources, such as merging high-quality enterprises to expand their scale, integrating high-quality distributors, or purchasing some excellent lighting design agencies. The New Three Board, a capital tool, became a plaque, a slogan, and was forgotten in a corner. In fact, the New Third Board is not a panacea, and enterprises must look at it rationally. First of all, it is a prerequisite for enterprises to consider their own growth. At present, LED tends to be homogeneous. If the growth of the enterprise is not good, the listing is useless. If the card is hung, there will be basically no transactions, and even the people will hurt the money and increase the burden on the enterprise. Secondly, we must be good at using capital tools to integrate resources. LED is a game of technology and capital. Enterprises should make good use of capital leverage to integrate resources, such as merging similar high-quality enterprises, integrating downstream dealer resources, and acquiring excellent design agencies. In addition, we must rationally treat government encouragement and support. The government's LED subsidy dividends are gradually decreasing, and the policy support is gradually decreasing. Encouraging support is more of a icing on the cake. It is difficult to provide timely assistance. Enterprises should focus on their own operations. Greed is the essence of capital, while industry needs a solid and steady attitude. It is irrational to blindly list the New Three Board, and the latter will hurt enterprises and industries. I hope that in this New Three Board boom, enterprises should not be listed for listing, but should make good use of capital tools to integrate operations while doing their own operations. The listing of the New Third Board is only a Long March, and then the step-by-step financing and capital operation are its fundamental goals.