2016 is the year of China. From the largest potential market to the largest industrial chain gathering, global LEDs are marking China. What kind of voice do Chinese companies want to make to the world?
2016 is the year of opportunity. The market share of Chinese companies is constantly squeezing Japan, South Korea and Europe, and the general lighting industry is in the process of increasing market concentration. At the same time, multiple market segments, including small pitch and smart lighting, are welcoming the outbreak.
2016 is the year of challenge. Reshuffle, integration, and capital will remain the main theme of the industry in the next three years. Focus, subdivision, and cross-border are the choices for LED companies and challenges.
On January 5-6, 2017, the 2016 Gaogong LED Annual Meeting and Golden Globe Awards Ceremony with the theme of “Looking for the Future of LED†will be held in Shenzhen. This annual meeting coincides with the 10th anniversary of high-yield production and research. celebration. At the opening ceremony of the title of “The New Vision of Industrial Integrationâ€, the chairman of Gaogong LED, Zhang Xiaofei, will present the opening report with the theme of “The future of LED under the challenge of changeâ€.
This conference will once again bring together domestic and foreign business leaders to analyze global industry opportunities and risks, comprehensively look forward to trends in technology, market, capital, and other aspects, and jointly solve the Chinese and global LED lighting industry in 2016-2018. The way to win.
The year 2016 is about to turn over, and the LED industry has indeed experienced a truly extraordinary year. In particular, the horizontal and vertical deep integration represented by mergers and acquisitions in the current industrial chain is beginning to become the norm, and the integration speed is further accelerated.
Zhang Xiaofei said, "As the LED lighting industry gradually matures, the difficulty of corporate financing is gradually increasing, and the attention of the capital market to the LED industry is also rapidly declining."
Indeed, as far as the current situation of the new three-board enterprises is concerned, their financing ability is actually not good. The reason is that the entire capital market does not pay enough attention to the small and medium-sized enterprises in the LED industry. Therefore, the next step is to absorb some very good ones. Enterprises, the future remains to be further integrated.
A few days ago, in the WeChat group of the Gaogong LED Annual Meeting and the 10th Anniversary Celebration, Zhang Xiaofei discussed with 500 members of the group with the lead of “increasing market share and how SMEs surviveâ€.
Regarding this issue, representatives of all enterprises in the group are also actively participating and expressing their opinions. However, the general view is that human beings survive for SMEs, and they need to do specialized segmentation, strengthen enterprise management, improve operational efficiency, and enhance cash flow.
Some insiders believe that LED is not very optimistic, nor is it pessimistic, but companies still have to think about failure every day. LED is not afraid of subdivision, it is afraid of not special, only the real subdivision to do their own things, can make LED really live.
"And about price wars, for SMEs, if price war is not your strength, don't fight price wars. Because the war is over, competition is not so vicious or benign." Zhang Xiaofei concluded.
So, how will the company survive in 2017? Zhang Xiaofei believes that "of course, it is not a way of life, otherwise it will not be able to pass the 2018 Spring Festival."
In 2016, the tide of mergers and acquisitions in the LED industry and the tide of bankruptcy continued to be staged. If you are not clear about the LED industry integration model in 2017, or if you want to know how to integrate the LED industry in the next year, then sign up for the 2016 Gaogong LED Annual Meeting, Feige personally "fencing" on January 5 An industry question and answer session was held in the evening.
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