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Foshan Lighting and Guoxing Optoelectronics are expected to work together to create a global LED "aircraft carrier"
In the increasingly fierce competition in the domestic lighting industry, Foshan Lighting and Guoxing Optoelectronics, two local lighting leading companies, have handed in good transcripts. Although the impact of the company's follow-up on listed companies remains to be tested, relying on the abundant industrial resources and strong capital operation capabilities of the major shareholders, it is expected that the integration of the LED industry chain will be strengthened in the future to achieve synergy between the two listed companies. Cooperation. On April 7, Foshan Electric Lighting Co., Ltd. (referred to as Foshan Lighting), a local listed company, announced the first quarter results announcement. It is expected that the first quarter operating income will be 904 million yuan, a year-on-year increase of 17.85%, which is attributed to the net profit of shareholders of listed companies. 1.08 billion yuan, an increase of 8.34% year-on-year. After deducting the non-recurring gains and losses from the sale of Everbright Bank last year, it increased by 31.30% year-on-year. This is the state-owned sole proprietorship Guangsheng Asset Management Co., Ltd. (hereinafter referred to as the State-owned Assets Supervision and Administration Commission of Guangdong Province). After the company's entry into the company, Foshan Lighting handed over its first quarterly report. Coincidentally, another local listed company controlled by Guangsheng Company on Monday, Foshan Guoxing Optoelectronics Co., Ltd. (referred to as Guoxing Optoelectronics Co., Ltd.) also released a quarterly report. In the first quarter, Guoxing Optoelectronics achieved operating income of 459 million yuan, a year-on-year increase of 18.18%. The net profit attributable to shareholders of listed companies was 37.427 million yuan, a year-on-year increase of 8.37%. In the increasingly fierce competition in the domestic lighting industry, the two local lighting leading companies have handed in good transcripts. Although the impact of the company's follow-up on the listed company remains to be tested, it relies on the large shareholders. Industrial resources and strong capital operation capabilities are expected to achieve synergy between the two listed companies by strengthening the integration of the LED industry chain in the future. The successful transformation of the king's LED performance on September 9, 2015, Foshan Lighting announced that the company's largest shareholder Osram Holdings Limited's controlling shareholder of Germany Osram and Guangdong Electronic Information Industry Group Co., Ltd. (referred to as the Electronic Group) signed Equity Transfer Agreement, Germany Osram Corporation transferred 100% equity of Osram Holdings to the Electronics Group. According to the information, the Electronics Group is a wholly-owned subsidiary of Hirose Corporation. On December 12 last year, Foshan Lighting re-issued the announcement of changes in equity, saying that Guangsheng Company will hold a total of 23.144% of Foshan Lighting by holding 100% of Osram's equity and secondary market holdings, thus becoming the actual controller of the company. As a state-owned sole proprietorship under the Provincial State-owned Assets Supervision and Administration Commission, the owner of Guangsheng Company undoubtedly provided a solid backing for Foshan Lighting, which is in the critical period of transformation. As the well-deserved king of traditional lighting, Foshan Lighting has actively explored the transformation path in recent years due to the continued downturn in the economic environment and the impact of LED encroachment on the traditional lighting market. After experiencing the diversified exploration in the early stage, the company began to re-adjust its development strategy to return to the main business in 2012, and firmly transformed into LED lighting. In 2015, Foshan Lighting was a landmark year in the history of development. In the face of the continued sluggish market of traditional lighting products, Foshan Lighting actively responded by continuously promoting product structure adjustment, optimizing marketing system and controlling costs. The product structure is greatly optimized due to the adverse effects of the market environment. According to the annual report released by the company, Foshan Lighting adjusted its product structure in time according to the development of the market, and increased investment in LED products from research and development, production and sales, in addition to the original traditional light source and office lighting products. In the original weak commercial lighting field and home improvement field, a series of new LED products were launched. According to the data, the investment in research and development of Foshan Lighting last year reached 92.89 million yuan, accounting for 3.23% of the current operating income. With the development of LED business, the proportion of LED product sales to the total sales of Foshan Lighting has been increasing. According to the data, Foshan Lighting achieved operating income of 2.877 billion yuan last year, of which the sales revenue of traditional lighting products was 1.46 billion yuan, the sales revenue of LED products was 1.416 billion yuan, a sharp increase of 52.92% year-on-year, and the proportion of LED products was nearly half, which marked the smooth operation of Foshan Lighting. Completed the transition from traditional lighting to LED lighting. In order to adapt to the new economic situation, Foshan Lighting also increased the construction of sales channels last year. Through the implementation of active marketing strategies, the company held 186 marketing conferences across the country, implemented circulation channels 2015, and reached more than 3,000 national outlets. The city is fully covered. In 2014, in order to develop commercial lighting and engineering channels, Foshan Lighting officially established the Commercial Lighting Division and officially launched the high-end brand masters. In April 2015, Mingyehui has successively landed in important provinces such as Henan, Zhejiang, Jiangsu, Hubei, Hunan, Guangdong and Beijing, and then gradually extended and covered other provinces and cities. It is precisely because of the company's continuous efforts in channel construction. On November 29, 2015, Foshan Lighting received a contract for the purchase of 61.32 million yuan (including tax) products at the National Distributor Conference held in Zhaoqing, with a contracted amount of 398 million compared with the previous year. Yuan (including tax) increased by 54%, breaking the historical record of the signing amount of the company's national distributor conference over the years.