The LED industry is staged an integrated drama

2014 is declared by the industry as the outbreak year of LED development. At the same time, 2014 also opens the golden decade for the future development of LED. At the key point of realizing speed increase and shift, the LED industry has been staged one after another. Following the entry of Dehao Runda into NVC Lighting on 2012, Dehao Runda announced on April 22, 2014 that the company plans to continue to acquire NVC Lighting, a Hong Kong listed company. 86 of the shares will eventually hold NVC Lighting 27. The 10 equity will further enhance the company's significant influence in NVC Lighting, in order to facilitate further integration in the later period. Will the two rush to marry, will they usher in a happy marriage? Judging from the new quarterly financial report released by Dehao Runda, it seems that the two have not passed smoothly and are still struggling during the running-in period. It is understood that, dehao Runda's net profit attributable to shareholders of listed companies in the quarter was between 20 million yuan and 40 million yuan. Although Dehao Runda said that the main reason for the loss in the first quarter of 2014 was the decline in the company's gross profit margin and the substantial increase in financial expenses over the same period of the previous year. However, the outside world is still holding a wait-and-see attitude towards this marriage. At the same time, Sanan Optronics also started a series of intensive actions and ecological circle layout. Last year, it acquired Luminus of the United States, became a shareholder and set up a subsidiary with sunshine lighting. This year, it partnered with jufei and joined hands with Seoul Semiconductor, he signed a strategic cooperation agreement with Anxin energy. In April, he even announced the establishment of a wholly-owned trading subsidiary in Hong Kong to move the 10 billion project to Xiamen, since then, they have signed cooperation agreements with Guoxing optoelectronics and Nanrui Zhexin Microelectronics respectively. The layout of San'an Optoelectronics covers all levels. Thus, it can be seen that the ambitious San'an Optoelectronics is no longer limited to the current situation of the domestic LED industry, I want to compete for the chip. Although San'an Optoelectronics integration steps are in full swing and full of confidence, if all aspects are exerted, will it contain the advantages and fall into the mud of capital. Let's take a look at the partnership between Tongfang and Zhen Mingli. Due to the overall downturn in the LED industry, the rise in raw material prices, the appreciation of the renminbi and other factors, the performance of the Hong Kong Stock Exchange listed company, which is mainly engaged in overseas markets, has declined significantly, on the verge of collapse. At this time, Tongfang's shares were in danger, and they acquired the former lighting hegemony Zhen Mingli with 0. 7 billion. This combination made many people in the industry express that they could not understand, because in terms of financial data, zhen Mingli's business data is not optimistic. However, Tongfang has valued the mature brand and channel advantages accumulated over the years, and is still desperate. This move makes people sigh with Tongfang's stupidity. The above three integration cases have attracted the attention of the LED industry. Everyone is watching and expecting. In fact, whether it is marriage, merger or acquisition, it is an inevitable choice for enterprises after the LED industry develops to a certain stage, for LED enterprises, this is an opportunity but also a challenge at the same time. Enterprises cannot rest on their laurels, be afraid of taking risks, nor be arrogant and blindly expand. Before integration, they must have long-term strategic planning, if you have a number of hearts and do not do things in disorder, otherwise you will not be able to achieve the superposition effect of 1 12 after the acquisition, but will be dragged down by the burden and evolve into an ending of 1 1 = 0.