The market tends to pick up, why are these LED companies still unable to hold back?

In September, the LED semi-annual company's first-half performance report also came to an end. The financial report data showed that the performance of more than eight-layer LED listed companies in the first half of this year was red, which also indicates that the LED lighting market in 2017 will pick up overall.

According to Gaogong LED observation, only one of the eight LED chip companies in the first half of this year saw a decline in the net profit of Dehao Runda. Sanan Optoelectronics, Huacan Optoelectronics, Aoyang Shunchang, Ganzhao Optoelectronics, Shilanwei, Guangdong Ganhua and other enterprises have achieved double profitability; among the 12 listed companies, only Changfang Group, Xiamen Xinda, Dongshan Precision 3 The net profit decline of the domestic enterprises; 23 downstream listed companies, except for the cash dividends of the four companies including Shell, Meida Digital, Lehman and Abisen, the other 19 companies showed growth.

Undoubtedly, the LED market as a whole is improving in the first half of this year, and many LED companies are full of profits. However, some LED companies do not seem to be so optimistic, some have begun to transform, and gradually divested the LED business, and some directly went bankrupt.

Guangdong Ganhua lost its LED business in a row

On September 14, Guangdong Ganhua issued a notice stating that the company will be listed as a 100% equity and related creditor of Deli Optoelectronics, a subsidiary of the LED business, at a price of 687 million yuan. The operation of Deli Optoelectronics since its commissioning in 2014 is not satisfactory. This listing means that Guangdong Ganhua will officially abandon its LED business.

In 2011, Guangdong Ganhua established a subsidiary of Delip Optoelectronics “high-profile” transformation LED industry. The main business of Deli Optoelectronics is the research and development, production and sales of LED epitaxial wafers and chips; LED technology development, achievement transfer and technical consulting services.

However, the company's LED business development has not been as smooth as imagined. Guangdong Ganhua said that since its establishment and commissioning, Deli Optoelectronics has not been as good as its operating efficiency. As the competition in the LED industry intensifies and the production environment of small and medium-sized manufacturers becomes worse, the operating performance of Deli Optoelectronics has caused a comparison with the company's financial situation. Big burden.

On the other hand, the company has clearly defined the direction of business transformation in the medical and health field, and Deli Optoelectronics cannot produce synergies with the company's strategic planning. After the sale of Deli Optoelectronics' equity and related creditor's rights, it will bring a certain degree of loss to the company, but it can avoid the long-term adverse impact of Deli Opto's continued loss on the company.

It can be seen that Guangdong Ganhua's determination to strip the LED business is quite firm, and even sells the underlying asset at a price lower than the listed reserve price.

Qinshang shares nearly 2 billion net assets, free of charge, rotor company

On the evening of July 25, Qinshang Shares (002638, SZ) announced that the company intends to integrate its existing business and transfer its assets and liabilities related to its semiconductor lighting business to Qinshang Optoelectronics Co., Ltd., a wholly-owned subsidiary. The next is referred to as Qinshang Optoelectronics.

Prior to this, Qinshang shares have made a lot of preparations for the divestiture of LED lighting business. From the previous LED, education dual main business drive mode, to the official proposal to strip LEDs, focus on the education industry, also reflects the current reality of the LED lighting industry.

Qinshang was once known as the "first LED lighting", and its products are mainly high-power street lamps. In 2013, it was the limelight, and it has repeatedly won the bid for the municipal lighting project. These projects have also brought significant revenue increments to Qinshang. In 2013, Qinshang's share revenue reached its peak in history, reaching 1.141 billion yuan. After that, the company's share revenue began to decline, reaching 842 million yuan in 2016.

The "LED evacuation" of Qinshang shares is obviously helpless. In 2016, Qinshang Optoelectronics Education completed the most important step, officially completed the acquisition of Guangzhou Longwen's assets, and Qinshang Optoelectronics also completed the transition from the traditional manufacturing industry to the education industry's cross-border dual main business.

Polyfluoride plans to transfer its LED lighting subsidiary

In May 2017, Duofuo (002407) announced that it intends to transfer 90% of its equity in Shenzhen Duofuo New Energy Technology Co., Ltd. to Jiaozuo Polyfluoropoly Group for RMB 6,380,331.00.

In October 2012, the company officially set up an LED lighting factory in Shenzhen. In the past, the main business of Polyfluoride has always been the chemical industry. In the long run, the company has certain limitations and has certain environmental pollution. After the company's listing, in order to continue the healthy development of the company, we must constantly seek new projects. Under this environment, we have established a multi-fluorinated new energy company, which is mainly divided into two parts: LED lighting and lithium-ion batteries. And LED lighting is planned to start operation at the end of 2011.

In the early stage of project operation, polyfluoride mainly undertakes the transformation of some municipal projects, hospitals, shopping malls and other LED lighting projects. Subsequently, in 2013, the company adjusted the positioning of LED lighting to energy-saving renovation of outdoor lighting and industrial and mining enterprises.

But soon, as the LED lighting industry entered a round of the Red Sea war cycle, at that time, the lithium battery industry chain began to show rapid growth. In 2016, in the company's annual report published by Polyfluoride, LEDs are no longer mentioned, replaced by new energy vehicles and lithium-ion materials.

Judging from the current development trend of the LED lighting industry, for a group of listed companies with small LED business and low growth rate or even negative growth, cross-border and stripping LED business has become a helpless choice that has to be faced. . At the same time, this also confirms that the LED lighting industry is entering a new era.

While domestic excellent LED lighting companies are growing, the proportion of enterprises with relatively weak LED business bases in the fierce market competition is gradually decreasing, and the pattern of stronger and weaker is changing.

This change in the pattern means that the LED industry is gradually returning to rationality. After years of price wars and industry reshuffles, the industry is shifting from blindly pursuing low prices to focusing on the products themselves, such as technology and performance. These are the advantages of big companies.

For listed companies, the LED business is not well managed, and it can be turned around and find another way out. And what are the small and medium-sized enterprises that are not well funded? Many industry insiders have said that although the industry is picking up, SMEs are still "live" and uncomfortable.

According to Gaogong LED observation, several LED companies have finally gone "closed" this year.

Kaisheng shares are now operating crisis crisis

On August 29, according to informed sources, Guangzhou Kaisheng Electronic Technology Co., Ltd. (stock short name: Kaisheng Securities code: 837235) has been suspended from production and business.

According to the report, on August 23, 2017, the sponsors of Kaisheng Shares were informed that the company had stopped production and was closed down on August 23, 2017. It was learned that Kaisheng shares have the following conditions:

1. The company office building and factory building have been closed, and no workers are engaged in production;

2. The company defaults on the wages of employees, and the labor relations appear in a state of opposition;

3. There is a contradiction between the company and the supplier, and most suppliers are no longer available.

It has been verified that Xinsanban Online has cleared the stock information of Kaisheng Co., Ltd., and the stock information of Kaisheng shares on the Flushing website has also been cleared. Later, I went to the Changjiang Securities official website to inquire about Kaisheng shares, and even surprised Gaogong LED that it was unable to find out the relevant information.

LED packaging factory Qiqi photoelectric shutdown

Taiwan media reported that the LED packaging factory Qiqi Optoelectronics has been closed due to poor management. It is understood that Qihao Optoelectronics was exposed to financial problems in December last year, requiring employees to take unpaid leave, and at the time claimed to renovate and maintain the company's equipment. Unexpectedly, only half a year later, the company ended up with the suspension of business suspension.

Regarding the issue of Qi Shuguang's electrolytic dispersion, one of its shareholders, Chongyue Dentsu, also confirmed that Qiqi Optoelectronics has indeed ceased operations and will evaluate it to reduce the amount of losses.

Jiachuang Lighting closed the boss to run

A few days ago, the lighting factory that was rumored to be running was Jiangmen City Pengjiang District Jiachuang Lighting Co., Ltd. According to the graphic news on the Internet, the factory owner has turned off the phone at the moment, and the staff has alerted the public security organs that they have heard the news and gathered a lot of employees and suppliers outside the factory.

Jiachuang lighting boss running, is the capital chain break? Product quality problems? Products have no market problems? Or company management issues?

Ford Lighting Announces Bankruptcy

On January 4, 2017, Wang Gongjie, a legal representative of Zhongshan Fortress Lighting Co., Ltd. (hereinafter referred to as "Fortes"), announced in his personal WeChat circle that Ford has suffered a serious loss due to various reasons and is insolvent. He has filed a bankruptcy with the court. Liquidation! And said that it will not run, not lose. The proceeds from the sale of all assets of the company are paid for the workers at the first time.

According to a supplier who has worked for Ford, it is one of the reasons why the futures payment has been delayed for half a year, and the capital chain cannot keep up with it. According to the information disclosed by the supplier, Ford Lighting was on the verge of bankruptcy as early as last year. Throughout 2016, although the LED industry has developed prosperously, it cannot ignore the relatively low side of the industry.

Liang Baijia's capital chain breaks down

In January 2017, after the Zhongshan Ford Lighting Company announced that the company filed for bankruptcy, the industry once again reported the news of the bankruptcy of Shenzhen Liangbaijia Electronic Technology Co., Ltd. A person familiar with the matter disclosed the relevant photos, and a large number of employees gathered in the Liangbaijia factory before, and pulled a banner to indicate that "Yan Xiaomin also gave me hard-earned money."

It is understood that Liangbaijia was established in 2003, dedicated to the professional design and production of dimming systems and LED lighting products. It mainly promotes energy-saving and efficient LED spotlights. The target market is aimed at five-star hotel interior lighting and luxury counter lighting. . However, in the list of manufacturers who failed to check the unqualified products for two consecutive years in the past three years, the name of Liangbaijia appeared in the list of product quality inspections. The quality of the products is really worrying.

In recent years, the LED industry's "closed", "closed", "bankruptcy", "arrears of wages", "downgrade performance", "loss" and other news have shaken people's hearts. Due to the serious overcapacity in the country, many companies either have no business or rely on low profits to survive. In addition to the external environment, the inherent vicious competition is also engulfing the development prospects of the LED industry.

In order to have business, some LED companies will not hesitate to compete in a “guaranteed” manner. The industry has the phenomenon that “the product price is not the lowest, only lower”, which inevitably increases the risk of more small and medium-sized LED enterprises failing. It now appears that what is more terrible than the "downturn" is "low-price competition." The most taboo competition in any industry is the "price war", which will not only lower the profit level of the entire industry, but also make the whole industry appear chaotic and disorderly.

The era has developed to this day, if you can't really support it, you can choose to file for bankruptcy and follow the procedure. This world allows you to pursue success and allows you to fail after the failure. Enterprises that are habitually running have the tendency to follow the trend, have suffered a little loss, have retaliatory rebounds, and feel that they can’t stand it. Such companies need to be guided and guarded to let them break. Thoughts of the road.

For most people who do LED companies, their most real desire is to do business well, not to run the business. But doing business has never been smooth sailing. At all stages of enterprise development, there will always be problems and difficulties like this. We cannot retreat as soon as we encounter problems and difficulties, but we should do everything possible to find a solution. A lot of times we will find that although it seems that the front is already desperate, it will be clear when we bite our teeth.

Windows Tablet

The latest Windows has multiple versions, including Basic, Home, and Ultimate. Windows has developed from a simple GUI to a typical operating system with its own file format and drivers, and has actually become the most user-friendly operating system. Windows has added the Multiple Desktops feature. This function allows users to use multiple desktop environments under the same operating system, that is, users can switch between different desktop environments according to their needs. It can be said that on the tablet platform, the Windows operating system has a good foundation.

Windows Tablet,New Windows Tablet,Tablet Windows

Jingjiang Gisen Technology Co.,Ltd , https://www.jsgisengroup.com