Comments of the week | Chuan Mu Linsen and Foshan Lighting bid for GE lighting business, who is more likely?

Chuan Mulinsen and Buddha Photo bid for GE lighting business, who has a greater chance? Philips Lighting 2017 reduces carbon emissions by 20%, and Chinese lighting companies are disappointing? Ruifeng sells the equity of Shanghai subsidiary, is it wise to concentrate the manufacturing base in Shenzhen? American lighting companies have filed a “337 investigation” application. Why is it that technology is hard to break? ... we will explain for you one by one!

Chuan Mu Linsen and Foshan Lighting bid for GE Lighting

According to informed sources, at least two Chinese companies are preparing to bid for the remaining lighting assets of General Electric, and the transaction size may reach 1 billion US dollars. One of the sources said that Mulinsen and Foshan Lighting are negotiating with the lender to finance the possible bidding for the above assets. Both companies are lighting manufacturers in Guangdong.

Comments: If you have more chances in the two companies, Mu Linsen and Foshan Lighting, Mu Linsen should have a more obvious advantage. Mulinsen had previously had a successful experience in acquiring Landvance, and he was more familiar with a series of overseas acquisitions, and Foshan Lighting’s international M&A experience did not seem to be much.

However, after the acquisition of Roundmans, Mulinsen is still in the integration stage, and the integration effect is still being tested. Therefore, for the integration of GE lighting business, whether Mulinsen’s will is still so strong; and Foshan Lighting’s old factory In recent years, after the arrival of Guangzhao, it has become more and more obvious. This time, I may want to open up the North American estuary through the acquisition of GE lighting business.

Philips Lighting Reduces Carbon Emissions by 20% in 2017

Philips Lighting recently announced that its total carbon emissions in 2017 decreased by 20% to 325,000 tons of carbon dioxide; at the same time, the proportion of renewable energy use increased from 67% to 80%.

Comments: Philips Lighting has long been aware of the energy and environmental crisis and has been advocating and practicing its position in sustainable development. As early as 1996, more than 20 years ago, Philips was an active supporter of China's green lighting engineering industry.

Since joining the "Global Lighting Challenge" program in 2015, by the end of 2017, Philips Lighting has sold 1.2 billion LED products, effectively reducing carbon dioxide emissions by about 30 million tons.

China is the main manufacturing base of the global LED industry. There are a large number of companies. However, last year, only 12 Chinese lighting companies including Mulinsen joined the “Global Lighting Challenge” program, which made people feel “disappointed”.

The task of reducing carbon emissions is arduous and has a long way to go. It is not enough to rely solely on giant companies such as Philips Lighting and Mulinsen. This requires more lighting companies to act together and participate in actions to maintain and improve the living environment of human beings.

Ruifeng Optoelectronics transferred RMB 100 million to 100% equity of wholly-owned subsidiary

Ruifeng Optoelectronics intends to transfer 100% equity of Shanghai Ruifeng Optoelectronics Co., Ltd., a wholly-owned subsidiary, at a price of RMB 250 million. The company transferred a 62.5% stake in Shanghai Ruifeng directly held by the company.

Comments: In order to concentrate resources, improve efficiency and reduce costs, Ruifeng Optoelectronics is gradually concentrating its main manufacturing bases to Yiwu and Shenzhen.

However, it must be mentioned that although Shenzhen is a heavy industry in China's LED industry and has a sound industrial chain, many LED companies have moved out of Shenzhen in view of the gradual outflow of talents and increasing labor costs.

At the same time, with the support of the local governments represented by Jiangxi Nanchang, Zhejiang Yiwu, Fujian Xiamen and Quanzhou, the leading enterprises and advantageous projects have further gathered, the orderly gradient of the industry has been clearly shifted, and the regional competition pattern has been gradually adjusted.

Therefore, for Ruifeng Optoelectronics, it is still worth discussing whether to concentrate the main manufacturing bases in Shenzhen at this time.

US companies filed 337 investigations on LED lighting equipment and components

On March 6, the US company Fraen Corporation filed an application with the US International Trade Commission in accordance with Section 337 of the US Tariff Act of 1930, alleging that the LED lighting equipment and components exported to the United States, imported in the United States or sold in the United States infringed its patents. The right to request the US International Trade Commission to issue a general exclusion order and a prohibition order.

Comments: The US “337 Survey”, which uses the “infringement of US intellectual property rights” as a weapon, has made Chinese lighting companies suffer from the lack of core patents. However, this also reflects the Chinese lighting companies and the status of these international companies in the country.

Relying on the advantages of the industrial chain and manufacturing advantages, Chinese lighting companies have achieved scale advantages and price advantages, and thus eroded the market of international lighting manufacturers, and expanded overseas by continuously acquiring international companies. Suddenly, China has become a big country in the lighting industry.

However, for Chinese lighting companies, the lack of core patent technology is also an indisputable fact. In the future, with the development of China's LED lighting industry, the core technology patent disputes faced by Chinese companies will also increase. Therefore, China wants to become an "industrial power" and become an "industrial power". It is also necessary to strengthen the technological breakthrough and the establishment of intellectual property rights.


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