G20-LED Lighting Summit: Chunjiang Plumbing "Market" Prophet

"Su Shi Ci" 'Spring River Plumbing Duck Prophet', with the implementation of the national supply side reform, many LED companies have a good performance in the first quarter of this year, which for our majority of LED companies seize this opportunity to break through, get better The market is extremely important. Therefore, we have also worked together with senior engineers to develop a conference theme of 'Standing a new starting point and opening a new future'.” Xu Fugui, Chairman of Guangyu Lighting, held the G20-LED Lighting Summit in 2016 today. Said at the second CEO meeting.

Indeed, with the end of the first quarter, many LED listed companies have thrown out brilliant first-quarter performance reports and forecasts, and most companies have shown steady growth. This contrasts with the dilemma of slowing demand in the LED lighting market last year, which seems to herald This year, the LED industry will have to play a beautiful turnaround.

“The current industry situation is brilliant, but I also want to emphasize two points: In the future, the market will pay more attention to enterprises that improve light quality and reliability. The industry has developed to the present, and through innovative technology to improve quality, quality will inevitably become a future enterprise. The bottom line to be sustained by sustainable development.” Dr. Zhang Xiaofei, Chairman of Gaogong LED, mentioned.

"Linyi this area, it is difficult to not be a brand, quality or scale is just a dialectical relationship. The goal we set this year is to focus on quality, and we will not deliberately care about market share, quality first, quality through Market." Xu Fugui said.

In the face of changes in the future business model, Dr. Zhang Xiaofei also said that at present, many foreign small and medium-sized enterprises are in a state of being sold, which will greatly benefit Chinese brands entering the global market in the next few years, for example, nowadays Philips, Osram, etc. The giants may "surrender" to Chinese brands, and perhaps also a transformation, which also provides opportunities for domestic companies to open up new markets.

“In 2016, the M&A integration between the LED lighting industry will be particularly obvious. The cooperation between large international brands and domestic manufacturers will also have a very large impact on small and medium-sized enterprises. At the same time, the amount of M&A in 2016 will be relatively high. By 2018, domestic and international mergers and acquisitions will basically end. After 2018, 'there is no war, the battle will continue'." Zhang Xiaofei mentioned.

The guests also said that the lighting enterprise market is regular, not like the robot industry, such as the robot industry. When the LED enterprises tend to stabilize, 10% growth, 30% of the gross profit is still promising in the future. of.

“At present, many LED companies have entered the capital. For example, there are many new companies in the New Third Board, but their financing ability is not good. The reason is that the capital market is interested in large-scale mergers and acquisitions in the LED industry. Small and medium-sized lighting and packaging companies, The financial market is basically not very important, but for example, those companies that can see the future growth point are more powerful, and how to integrate is really another opportunity.” Zhang Xiaofei mentioned.

In addition, regarding chip end, patent sharing, industry mergers and acquisitions, etc., Lumileds Asia Regional Marketing Director Zhou Xuejun, Jingke Electronics Chairman Xiao Guowei, Mingwei Electronics Chairman Wang Lekang, Sanxiong Aurora Deputy General Manager Lin Yan, Jingtai Shares General Manager Gong Wen and other heavy guests also expressed their wonderful views, and the Gaogong G20 Lighting Summit continued to report.

Regarding the events of the summit, follow-up reports are wonderfully staged, so please continue to pay attention to...

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