LED lighting industry competition is increasingly fierce

On August 23, maoshuo Power released its 2018 semi-annual report, saying that the company 2018 1- In June, the total operating income was 627,135,029. 84 yuan, down 22. 81; The net profit attributable to shareholders of listed companies is 2,354,383. 45 yuan, down 54. 74, mainly due to the reduction of FPC business compared with the same period of last year; The Company traditional main business is the previous year the same period basic flat. The main business of maoshuo power supply covers various fields such as consumer electronic power supply, LED power supply, Photovoltaic Inverter, operation of new energy photovoltaic power station, investment and merger, etc. , forming the development tone of innovation in the main business and venture capital. Consumer electronics power supply and LED drive power supply are the company's traditional main businesses. After years of vigorous development in this field, the company has become a power supply solution supplier and a landmark enterprise in the domestic power supply industry. However, after several years of rapid growth, the consumer electronics and LED industries have entered a mature period. With the development of the industry, the competition will become more and more fierce. At present, the company's consumer electronic power products are produced and manufactured by the company's holding subsidiary Huizhou maoshuo Energy Technology Co. , Ltd. , and the wholly-owned subsidiary overweight Technology Co. , Ltd. is responsible for research and development and sales; The production, research and development and sales of LED power supply business are now in the charge of Shenzhen maoshuo Electronic Technology Co. , Ltd. , a wholly-owned subsidiary; Shenzhen maoshuo Electric Co. , Ltd. , the holding subsidiary of the company, is mainly responsible for the research and development, production and sales of inverters in the photovoltaic industry; Shenzhen maoshuo New Energy Technology Co. , Ltd. , a secondary subsidiary of the company, is mainly responsible for the operation of photovoltaic power stations. In terms of consumer electronic power supply: during the reporting period, 2KW and 4KW laser power supply projects and 1KW digital microwave power supply projects were organized and developed. While stabilizing the original switching power supply, chargers and other main products, broaden the new application fields of switching power supply products: Wireless charging equipment, intelligent terminal charging equipment, microwave power supply, laser power supply and other fields have made great progress, and developed C- terminal products: wireless Charger, 3C peripheral (Fast charging, PD, car charging) Power supply, etc. have gradually improved the company's diversified products from single functional power supply to intelligent systems, and at the same time have opened up the B2C product market. In terms of LED power supply: in the first half of 2018, the product development has two directions. On the one hand, we will continue to expand our existing advantages, deepen the outdoor power supply market and regional lighting market, and focus on the optimization of cost performance, two series of new PHC/MTP products have been introduced. PHC series are mainly used in outdoor street lamp occasions, taking into account the performance requirements of cost, low harmonic and low stroboscopic, integrating the original product series to provide comprehensive street lighting solutions for different customers' needs, MTP series is mainly used in regional lighting occasions such as factories, industrial and mining, this series of products are deeply optimized on the original LTP series products. The competitiveness of the products is greatly enhanced through the innovation of structure and function. At the same time, digital programming technology is adopted for the first time in the industry, greatly improve the standardization of products and bring great convenience to customers in use; On the other hand, the combination of depth and intelligent technology, active participation in the research of cutting-edge technologies, cooperation with the National Semiconductor Lighting Engineering Research and development and industry standard research led by the industry alliance, participated in the formulation of 'based on NB- The two standards of IoT technology, road lighting control terminal interface requirements and general technical specification for LED driving power supply for landscape lighting, are based on NB- IOT technology has developed an integrated intelligent power supply to enhance the company's influence in the field of intelligent internet of things. In order to better promote the company's strategic transformation and upgrading, maoshuo power will further optimize the asset structure and resource allocation, and gradually divest the assets with weak strategic relevance such as photovoltaic power plants and founder Zhengda, improve the efficiency of asset operation and focus on transformation and upgrading. On the one hand, we will fully promote the upgrading of the company's original consumer electronics industry; on the other hand, we will promote the company's transformation into export cross-border e-commerce and new retail, finally, it has become a vertical industrial internet enterprise with independent products and its own brand. In the future, the company will continue to pay attention to extensive mergers and acquisitions that conform to the company's strategic transformation and upgrading, carefully select investment targets, effectively integrate and manage merger and acquisition projects, exert synergy effects, and realize the company's leap-forward development.