Registration system years hard to implement LED industry mergers and acquisitions or will intensify

( Reading] Had previously been the emerging industries, including LED enterprises, enterprises focus on stock issuance of registration or difficult to in years, and this will or already in full swing for the LED industry merger and purchase, plus the accelerant. These days, WeChat friends to spread a message is fastest. 。 。

has previously been the emerging industries, including LED enterprises, enterprises focus on stock issuance of registration or difficult to in years, and this will or already in full swing for the LED industry merger and purchase, plus the accelerant.

these days, WeChat the fastest friends to spread a message is the 12th National People's Congress four conference in prime minister li keqiang, the government work report did not mention the share issuance system of registration. This has been interpreted as offering registration system is unlikely to be implemented in this year.

after the 12th 18th session of the standing committee of the National People's Congress voted on the authorization of the State Council on the implementation of the stock issued the decision of the adjustment of the relevant provisions of the applicable registration system reform, The draft) 'Bill, effective as of March 1, 2016, the mandate for two years.

the authorization of the National People's Congress (NPC), in order to promote the reform of stock issue registration system provides a clear legal basis. Securities regulatory commission, said the decision adopted, marked the promote the reform of stock issue registration system has a clear legal basis, important progress is a basic system of the construction of the capital market, is also the top design of perfect capital markets.

but since 2015, when the government work report to share issue registration system since this year, China's stock market the most turbulent years, only last summer's crash makes A nearly $5 trillion in stock market value, to March 7, 2016, the Shanghai index in 2897. 34 points of historically low levels.

LED plate is the highest point since last June 15, 6873. 17 fell to 3732 points. 71 points, or up to 45. Basic down 69%, LED stocks share price.

this is for registration system are introduced, with market supply greatly increased lead to panic there is a great relationship.

recently, a spokesperson for the commission Deng Ge also said on this question, the registration system reform is the direction of the reform of capital market in China, the reform of the system design must fully consider the market environment and conditions. The authorization of the National People's Congress to make decisions, to start the registration system reform technical preparatory work has provided a legal basis. The CSRC will make special administrative rules according to the application research, information disclosure rules and normative documents, system build registration system is the system of rules. This job needs a longer time to process. In this process, the CSRC will communicate with the market parties fully, build consensus and form combined force of reform. Before this, the new issue to accept and rules, program invariant of the audit work.

registration system is difficult to in years for enterprises are queued up for an IPO may not be a good news, but in another ways will undoubtedly accelerate the current wave of merger and purchase of the LED industry.

in 2015, the wind of the LED industry mergers and acquisitions, according to figures from the GGII, 1-2015 In November, the size of the LED industry mergers and acquisitions amount has reached 40. 8 billion yuan, 53 m&a cases. Big acquisition, $39 acquisition, merger and acquisition is given priority to with complementary, vertical integration is less, the overseas mergers and acquisitions, cross-border mergers and acquisitions, industrial chain enterprise accelerating speed.

　　“ From last year to the first half of this year, in the LED industry mergers and frequent, mergers and acquisitions amount accumulative total over the next two years will amount to billions, scale of m&a cases will increase to 500 million yuan, at the same time, mergers will towards internationalization, overseas mergers and acquisitions cases will also increase. ” High LED chairman jack zhang, 'said Dr Through mergers and acquisitions, mergers and acquisitions will obtain the dominant technology and resources, to enhance the scale of production, booth low cost of production, and second, if the merger and acquisition sales company, to strengthen the market development, also can be applied to the communication technology and sufficient innovation technology to obtain a bigger benefit, these can be regarded as the meaning of merger and acquisition.

from a recent spate of LED annual reports of listed companies performance also express can also see that benefits brought by merger and purchase is also increasingly apparent. Registration system of probation for those who are eager to need capital power enterprise, merger and purchase a the most quick way before experiment, m&a gain curve, also can yet be regarded as the best choice.