[Weekly News] Foshan Tovey Capital Chain Broken Chain Event Further Fermentation

One week focus <br> <br> Foshan Tovey funds strand breaks event is still fermenting. Prior to this, Tovey Lighting claimed that “Liansu Group has invested in Towe Lighting”, and many suppliers believe that it has been blinded, resulting in continued supply loss expansion, and also requires the Liansu Group to be held responsible. However, Liansu Electric also issued a statement saying that it is not “Liansu Group” that has reached a cooperation intention with Tovey Lighting, but Liansu Electric has itself been deceived and provided loans to become creditors.

Recently, Dr. Zhang Xiaofei, Chairman of Gaogong LED, introduced at the G20-LED Lighting Summit, in order to help the company (especially member companies) solve the capital chain problem more effectively, Gaogong LED launched the Internet supply chain financial model, which is a financing enterprise. Development provides sustained and stable financial support to help enhance its industry competitiveness.

The 2015 High-tech Golden Globe Awards are required to be sent to the third-party testing agency designated by the organizing committee, the Incentive Testing (LTL) for testing, which will be closed on September 30.

Market wind direction LED lighting has great potential for application in urban rail transit, and has broad development prospects. It is a new blue ocean in the LED segment market. As an important window for the city's image display, rail transit is also the best platform for LED manufacturers to promote their image and enhance their brand influence.

At present, the domestic car lamp market is almost completely covered by the two giants of Osram and Philips, and the two giants are not selling chips, only selling devices. The two giants have the most extensive line of headlights and industry resources that have been working with the world's top car manufacturers for many years, thus enabling them to “monopolize” the global market.

The monopoly of the industry will inevitably lead to a pile of “rich”. The difficult entry of the market segment means “high gross profit”. Even in the current domestic packaging enterprises in the field of LED lights in the LED industry circle, Maori It is amazing.

As an important part of a smart city, smart lighting has also been highly valued and promoted by relevant departments. In the next five years, the market demand for smart lighting will exceed 100 billion yuan, bringing huge business opportunities to the lighting technology industry.

Since the development of the LED lighting industry, the two driving forces of cost reduction and efficiency improvement will make the value chain of the whole industry more manifested. The LED industry should form a supplier integrating integrated epitaxial chips, packaged integrated modules or light engines.

Listed companies <br> <br> dry according to optical (300102.SZ): Notice that the dry according to optical pen grants received today the fifth Xiamen Torch Zone totaled 10,770,000 yuan. The grant will subsidize the purchase of MOCVD equipment for the production of LED blue and green epitaxial wafers.

Mulinsen announced on September 25 that he recently received the "Inquiry Letter on the 2015 Semi-annual Report of Mulinsen Co., Ltd." from the Management Department of the Small and Medium-sized Board of Shenzhen Stock Exchange. According to the inquiry letter, the board of directors has organized the company. Relevant personnel responded to the five major situations of LED packaging and LED lighting market. (click to read the details)

Jufei Optoelectronics (300303) announced on the evening of September 24 that the company plans to establish a wholly-owned subsidiary in Hong Kong with a registered capital of HK$73 million to carry out international trade and investment business activities.

Lianjian Optoelectronics (300269) announced that the board of directors of Lianjian Optoelectronics reviewed and approved the two proposals and agreed that Shenzhen Tonglian Culture Investment Co., Ltd., a wholly-owned subsidiary, as a limited partner, will invest RMB 26 million and RMB 14.05 million in its own capital. Aoxing Investment Partnership and Xinyu City Bolfeng Investment Management Center.

Snow Wright announced that the company's actual controllers and senior executives plan to increase the company's stocks in the next three months from September 23, with a total increase of not less than 30 million yuan. Self-raised.

Yan Wei shares (300317), announced that the company intends to jointly establish Haitong Qidong (Weihai) equity investment fund with Haitong Kaiyuan, Weihai State-owned and other investors, and the equity investment fund promised to invest no more than RMB 1.5 billion.

Hongli Optoelectronics (300219) announced on September 25 that a patent for invention was granted a patent right in recent days and obtained the relevant patent certificate issued by the State Intellectual Property Office.

Big Data
In 2015, due to the impact of the market environment, LED demand slowed down, coupled with increased competition in the industry, the industry growth rate slowed down significantly throughout the year. Affected by this, GGII expects that the market size of China's LED sapphire industry will reach 2.15 billion yuan in 2015, and the revenue growth rate will slow down to 22%.

According to GGII survey data, by the end of 2014, the length of urban rail transit lines in 22 cities nationwide was 3,173 kilometers, of which 2,365 kilometers were subways, accounting for 75%; light rails were 239 kilometers, 8%; single tracks were 89 kilometers, occupying 3 %; modern trams 141 km, occupying 4%; maglev traffic 30 km, 1% share; city fast track 308 km, accounting for 10%, China is potential to become the world's largest and fastest growing rail transit construction market .

According to Taiwan LED manufacturer news, so far, 2835 LED - currently recognized by China's LED packaging service providers mainstream LED devices - due to overcapacity, its price has dropped by 50% to 60%.

<br> <br> look overseas recently, Germany DialogSemiconductor announced $ 4.6 billion in cash and stock acquisition of US peer Atmel chip industrial companies to expand product portfolio.

North American major brands of bulbs entered the price killing battle, becoming the hardest hit area of ​​global LED bulbs, but the decline in August tends to ease, according to market statistics, the North American market replaces 40-watt, 60-watt bulbs Both declines were sharply reduced to less than 5%, with a decline of between 3.7 and 3.9%. The decline in the North American market slowed down, stimulating the global average decline in August to be controlled within 2.3%.

British professional LED supplier Intelligent LED Solutions (ILS) announced the launch of the Petunia development kit to help engineers develop new LED plant growth lighting systems.

Chennai, India, has 48,034 LED street lights that have replaced CFL bulbs and aged sodium lamps on internal roads and traffic lanes, setting a historic record.

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