On November 30, the National Development and Reform Commission and other 13 ministries and commissions issued the "13th Five-Year Development Plan for Semiconductor Lighting Industry" (hereinafter referred to as "Planning"). It is proposed that by 2020, China's semiconductor lighting key technologies must achieve continuous breakthroughs. The overall output value of trillions, one or more LED lighting companies with sales exceeding 10 billion yuan, one or two internationally renowned brands.
The "Planning" proposes to promote industrial upgrading, encourage LED lighting companies to merge and reorganize, enlarge and strengthen, foster leading enterprises with international competitiveness, and promote regional industrial clusters and differentiated development.
In the eyes of the industry, the introduction of the "Planning" is just the right time, will effectively solve many problems in the current development of China's LED, create a good industrial environment, especially to encourage mergers and acquisitions, will greatly promote China's LED industry and enterprises "change Big and strong."
Gaogong LED has carried out a large inventory of mergers and acquisitions in the LED industry in the first half of 2017. It is hoped that many LED companies can find their own development path from these mergers and acquisitions.
July
Lu Yitong plans to acquire 2 billion yuan for the acquisition of Shenghui Electronics
Lu Yitong (300423) disclosed a report on major asset restructuring on the evening of July 11, the company plans to issue shares and pay cash, a total of 2 billion yuan to acquire 100% equity of Guangdong Shenghui Electronics Holdings Co., Ltd., and raise matching funds not exceeding 6.05 100 million yuan to pay the cash consideration for this transaction.
Shenghui Electronics is engaged in R&D, production and sales of electrical complete sets of equipment and LED lighting products. The 2016 annual revenue is 913 million yuan, and the total performance commitment for the next three years is not less than 655 million yuan.
Yuanheng Optoelectronics acquired 95% equity of Yuanheng Ruigan
Yuanheng Optoelectronics released the acquisition report. The report shows that in this acquisition, the purchaser acquired a 95% equity interest in Yuanheng Ruigan, the controlling shareholder of Yuanheng Optoelectronics, in cash.
Yuanheng Optoelectronics said that the purpose of the acquisition is based on the recognition of Yuanheng Optoelectronics' management and development strategy and optimistic about the company's future development prospects. Through this agreement, the company obtained a 95% stake in Yuanheng Ruigan and indirectly Yuanheng Optoelectronics Co., Ltd., in order to obtain investment income, does not seek the control of Yuanheng Optoelectronics.
June
OSRAM acquires LED Engin Inc. for layout of special lighting
OSRAM issued a press release and the company will acquire LED supplier LEDEngin Inc.
Headquartered in San Jose, Calif., with nearly 30 employees and annual sales of around $10 million, the company specializes in providing ultra-bright, professional markets for entertainment lighting, UV, gardening, white light and medical lighting applications. An ultra-compact solid-state lighting solution that uses LED chips from OSRAM Opto Semiconductors.
May
Foxconn's parent company acquires Micro LED startups
Foxconn's parent company, Hon Hai Group, plans to acquire a next-generation display technology through its four companies, acquiring a startup in the US state of California, eLux. The company is developing assembly technology for Micro LED displays that will accelerate the commercial adoption of Micro LED technology.
Hon Hai and Sharp acquired the US eLux
In order to lay out the most promising new generation display technology Micro LED after OLED, Hon Hai Group will not let South Korea's Samsung and US Apple continue to lead in research and development. It is estimated that it will cost more than NT$800 million through its venture capital company and Innolux. Optoelectronics, Japan Sharp, and its LED packaging factory Rongchuang Technology and other four companies, jointly acquired the US startup eLux, and strive to commercialize Micro LED technology.
OSRAM acquires German plant lighting startup
On May 18th, OSRAM announced the acquisition of a stake in a German startup, Agrilution, to capture plant lighting.
OSRAM has previously developed lighting solutions for greenhouse plants, and the smart home appliances developed by Agrilution can be used to identify the seeds grown in the cabinets and to automatically adjust the temperature, watering and lighting after applying the LED lighting technology from OSRAM. Conditions allow users to grow flowers, vegetables and vegetables without being affected by the weather.
Feile Audio acquired the equity of two lighting companies
Feile Audio announced on the evening of May 16 that the company intends to acquire a 20% stake in Feilo Malta Limited (FML), a lighting products company owned by HHL, through the wholly-owned grand company IUL for 34.5 million euros, and intends to wholly fund through FML. The subsidiary acquired a 100% stake in Havells Sylvania (Thailand) Limited, a Thai lighting products company owned by TLACL, for a price of 1.6 million euros.
Yuanfang Optoelectronics acquired 35% equity of Huijing Technology
Yuanfang Optoelectronics (300306) issued a notice on May 11th on the use of its own funds to set up a partnership to acquire part of the shares of Hangzhou Huijing Technology Co., Ltd.
After the completion of the acquisition, the company's business will expand to the rail transit field, the company will seize the country's development opportunities in rail transit, and actively deploy high-speed rail and other rail transit intelligent detection technology and products, as well as related artificial intelligence technology and products; It will also grasp the timing of the implementation of the “One Belt, One Road†strategy, and further expand the business scope and scope of Huijing Technology and the company.
Huacan Optoelectronics acquires MEMSIC through CFIUS audit
Huacan Optoelectronics (300323) announced that the company received a confirmation letter from CFIUS on May 9, the company acquired 100% equity of Harmony Corelight (Yiwu) Optoelectronics Technology Co., Ltd., and Harmony Core Photonics acquired MEMSIC, Inc. 100% equity has passed the CFIUS review.
Chinese acquisition of Japan Nitto fluorescent film project
At the beginning of May, the lighting industry made another major news. Zhongshan City Stereo Optoelectronics Technology Co., Ltd., which has been committed to promoting the development of domestic CSP, acquired the Nitto fluorescent film project in Japan.
Hongli Zhihui acquired LED car lighting company
Hongli Zhihui (300219) announced on the evening of May 2 that it plans to acquire a 51% stake in Danyang Yishan Auto Lamp Equipment Manufacturing Co., Ltd. (hereinafter referred to as “Yishan Car Lightâ€). The company is engaged in the LED automotive lighting industry, with a total commitment of 218 million yuan in the next four years.
April
Chau Ming Technology intends to acquire a shareholding in Aiga Lighting
Zhou Ming Technology (300232) announced on April 25 that it intends to acquire 65% of Aiga Lighting's equity of no more than RMB 95 million. The acquiree promises that the net profit of 2017/2018/2019 is not less than 11 million / 14.3 million / 18.59 million yuan.
Foshan Lighting acquired 32.85% stake in Nanhe Industrial
Shenzhen New Third Board Company Nanhe Mobile recently announced that Foshan Lighting purchased a 32.85% stake in Nanhe Industrial held by Baiya Company for 180 million yuan.
The announcement shows that Foshan Lighting holds a 32.85% stake in Nanhe Industrial after the completion of the equity acquisition. In addition, Foshan Lighting's Consensus Action Electronics Group holds a 34.30% stake in Nanhe Industrial.
Foxconn plans to acquire Toshiba chip business for US$27 billion
On April 11, it was reported that Foxconn told Toshiba that it was ready to acquire Toshiba's computer chip business at a price of up to 3 trillion yen (about 27 billion US dollars). Due to the huge investment in nuclear reactor construction projects in the United States, Toshiba is looking to sell assets to keep the company running.
March
Delenda acquires 75% stake in Zhonghui Lighting
De Runda announced on March 13 that the company plans to acquire 75% of the equity of Puyang County Zhonghui Lighting Materials Co., Ltd. for RMB 18,000.
The company said that through this acquisition, Puyang County Zhonghui Lighting Materials Co., Ltd. will become a holding company of the company, which will help to further enrich and improve the company's industrial layout, expand business areas, enhance the company's future profitability, and at the same time be a subsidiary. In the future, technology introduction and financing will be created to create conditions.
Yi'an Technology 220 million yuan to acquire LED silica gel enterprise
Dongguan Yi'an Technology (300328) issued an announcement to use its own funds to acquire 100% equity of Shenzhen Opt Industrial Materials Co., Ltd. at a price of 220 million yuan. After the completion of the transaction, Opt became a wholly-owned subsidiary of Yi'an Technology.
Mulinsen's acquisition of the Roundmans transaction completed
Mulinsen announced on March 5 that the company's investment in the partnership, the company's subsidiary, Mingxin Optoelectronics and LEDVANCE GmbH's original shareholder OSRAM GmbH, LEDVANCE LLC's original shareholder OSRAM SYLVANIA INC. completed the equity delivery of the transaction. At this point, Mingxin Optoelectronics holds a 100% stake in LEDVANCE and has successfully completed this overseas equity acquisition transaction.
Qinshang Shares plans to acquire 100% equity in Chengdu
Qinshang shares announced on March 13 that the company plans to acquire 100% equity of Chengdu Gunda Investment Development Co., Ltd., and indirectly acquire 100% equity of Chengdu Qizhong Experimental School held by Chengdu Dacheng.
Liard plans to acquire 248 million yuan for Junze Lighting
Liard issued a notice on the afternoon of March 2, saying that the company intends to acquire a total of 248 million yuan in cash for the acquisition of Xinyu High-tech Zone Junchen Investment Management Partnership (Limited Partnership) and Xinyu High-tech Zone Junling Investment Management Center (Limited Partnership). Hunan Junze Lighting Design Engineering Co., Ltd. (referred to as “Junze Lightingâ€) 100% equity.
February
American LSI Corporation Acquires Atlas Lighting
On February 21, LSI Industries Inc. announced that it has completed the acquisition of all of Atlas Lighting's share capital, which is the entry of Burlington quality LED lighting products into the distribution market.
Infineon's purchase of the Career Wolfspeed case was terminated
Cree announced on February 16 that it will discontinue the Wolfspeed Power and RF Division ("Wolfspeed") sale, which includes silicon carbide (FSE: IFX / OTCQX: IFNNY) power supply, substrate business for RF and gem applications. Cree and Infineon were unable to determine alternatives to national security issues of concern to the US Foreign Investment Committee (CFIUS) and therefore the proposed transaction would be terminated.
Osram acquires Maneri-Agraz
OSRAM released a press release on February 6th, which acquired Maneri-Agraz, a lighting service provider based in Houston, Texas, to provide energy-efficient lighting solutions for commercial and industrial facilities, with annual revenues of thousands. Ten thousand U.S. dollars.
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Water turbines were developed in the 19th century and were widely used for industrial power prior to electrical grids. Now they are mostly used for electric power generation. Water turbines are mostly found in dams to generate electric power from water potential energy.
The migration from water wheels to modern turbines took about one hundred years. Development occurred during the Industrial revolution, using scientific principles and methods. They also made extensive use of new materials and manufacturing methods developed at the time.
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