The industry is frequently “falling in the nude swimming”, and another listed company is stripping the LED business.

Following the sale of LED lighting assets by Hetai and Blue Ding International, after the sale of the equity of Wenrun Optoelectronics, another listed company plans to transfer its LED lighting subsidiary and divest it from the assets of listed companies.

Recently, Polyfluoride (002407) issued an announcement to transfer 90% of the equity of Shenzhen Duofuo New Energy Technology Co., Ltd. to Jiaozuo Polyfluoropoly Group for RMB 6,380,331.00. According to the announcement, this related party transaction is to optimize the company's main business structure, with the aim of enhancing the company's competitiveness.

As of December 31, 2016, Shenzhen New Energy Assets totaled 19.916 million yuan, total liabilities were 13.155.1 million yuan, net assets were 6.659 million yuan; operating income was 16.605 million yuan, and net profit was 872,100 yuan.

As of March 31, 2017, Shenzhen New Energy Assets totaled 18.87 million yuan, total liabilities were 120.887 million yuan, net assets were 67.815 million yuan; operating income was 3,342,600 yuan, and net profit was 87,500 yuan.

The road to polyfluorinated LEDs dates back five years. 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.

The report mentioned in this way: The company closely focuses on the development concept of “taking the new material system as the support, taking the new energy vehicle as the guide, and the electric vehicle power as the core technology”, through technological innovation and industrial upgrading, internal management, Expand the market and do a good job in industrial layout.

It is also relying on the new energy industry. In 2016, more than one fluorine warfare. The data shows that the company achieved a total operating income of 2.871 billion yuan in 2016, an increase of 30.68% over the same period of the previous year; the net profit attributable to shareholders of listed companies was 517 million yuan, an increase of 1219.48% over the same period of the previous year.

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 the domestic excellent LED lighting enterprises are growing, the enterprises with relatively weak LED business bases are gradually losing their share in the fierce market competition, and the pattern of the strong Yuqiang and the weaker weaker is staged.

According to the 2016 financial report data, the annual revenue of several LED lighting companies (Sanan Optoelectronics, Op, Mulinsen, Feile Audio, NVC + Dehao, etc.) has exceeded 5 billion yuan, which is in traditional lighting. Times are rare.

Whether it is the price war in the past few years or the deep-seated field, it is an inevitable law for the industry to develop to a certain stage. In the eyes of many insiders, the LED industry is gradually moving towards concentration, and the situation of the larger Evergrande will become more apparent.

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.


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