Sanan/Dehao/Dongxu Optoelectronics/Dongshan Precision and other large enterprises frequently increase capital, where are the opportunities for SME development?

Entering December, the LED capital market is not very "quiet". In the capital market, we can see that LED listed companies frequently expose acquisitions, investment expansion, capital increase, increase/decrease.

Gaogong LED noted that since December 1, Dongshan Precision, Sanan Optoelectronics, Dongxu Optoelectronics and Dehao Runda have all increased their capital to subsidiaries or holding subsidiaries, which will further enhance the company's market competitiveness and profitability. .

Dongshan Precision's wholly-owned subsidiary increased capital to Yancheng Weixin

On December 8, Dongshan Precision announced that the company's wholly-owned subsidiary MULTI-FINELINE ELECTRONIX SINGAPORE PTE.LTD (hereinafter referred to as “Singapore Weixin”) intends to use its own funds to Yancheng Weixin Electronics Co., Ltd. (hereinafter referred to as “Yancheng” Weixin ") increased capital of 100 million US dollars, Yancheng Weixin registered capital will increase from 54.49 million US dollars to 154.99 million US dollars.

Announcement shows that Yancheng Weixin's main business: production and assembly of flexible electronic circuit boards, multi-layer flexible boards, rigid-flex printed circuit boards and small power supply-based new electronic components; sales of the company's own products; electronic products Import and export of related materials and technologies; self-operated and agent import and export business of various commodities and technologies.

Dongshan Precision said that this capital increase is mainly used for Yancheng Weixin to purchase machinery and equipment and to supplement working capital, to support it to achieve production and efficiency as soon as possible, and to expand the broader market space, thereby further enhancing the company's market competitiveness and profitability.

Sanan Optoelectronics 400 million capital increase wholly-owned subsidiary Wuhu Anrui

On December 6, Sanan Optoelectronics announced that Wuhu Anrui's business has developed rapidly, and the automobile lamp business has been certified by many auto manufacturers, and the market demand is very large. In order to ensure the normal expansion of Wuhu Anrui business and occupy the market as soon as possible, the company's board of directors decided to increase the capital of Wuhu Anru with its own monetary funds of RMB 400 million. The registered capital of Wuhu Anru after the capital increase was RMB 660 million.

Announcement shows that Wuhu Anrui's business scope: LED packaging, LED applications, automotive lighting, rearview mirrors, locks, washers, other applications, various related parts, design, production, sales and related services, automotive electronics , metal parts, injection parts, rubber parts, packaging, mold design, production, sales, technical consulting services, self-employed and agent to import and export of goods and technology.

Sanan Optoelectronics stated that Wuhu Anrui is a wholly-owned subsidiary of the company. The capital increase is based on its business development status and future development plan, which is conducive to the rapid development of Wuhu Anrui business, expanding market share and enhancing the company's operations. Performance.

Dongxu Optoelectronics 400 million capital increase holding subsidiary Dongxu Kunshan

On December 6th, Dongxu Optoelectronics announced that it had decided to use the raised funds from the company to increase the capital of Dongxu Kunshan with unilateral use of the raised capital and register with Dongxu Kunshan, in consultation with Kunshan Development Zone SDIC Holdings Co., Ltd. The capital increased from 50,000 yuan to 900,000 yuan. After the capital increase, the company holds 88.89% equity of Dongxu Kunshan, and Kunshan Development Zone Guotou Holdings Co., Ltd. holds 11.11% equity of Dongxu Kunshan.

Announcement shows that Dongxu Kunshan business scope: technology development, technical consultation, technical service and technology transfer in the glass substrate industry; import and export of goods and technology; the following subordinate branches: color filter development , design, production, sales and maintenance services; research and development, design, sales and maintenance services for optoelectronic devices and other electronic devices; sales and maintenance services for electric vacuum glass devices and supporting electronic components.

Dongxu Optoelectronics said that Dongxu Kunshan is the main body of the 5th generation TFT-LCD color filter (CF) production line project for the 2015 non-public offering of fund-raising investment projects. This capital increase will help accelerate the company's color filter project. The construction progress is conducive to the sustained, healthy and rapid development of the company's photovoltaic industry.

Dehao Runda uses raised funds to increase capital for subsidiaries

On December 2, Dehao Runda announced that Guangdong Dehao Runda Electric Co., Ltd. (hereinafter referred to as “Company”, “Company”, “Dehao Runda”) was held on December 1, 2017. The 31st meeting of the 5th Board of Directors reviewed and approved the Proposal on the Use of Raised Funds to Increase Capital of Subsidiaries.

The company will specifically organize the implementation of fund-raising investment projects through the cash increase of the company to the three-way semiconductor company, Dalian Dehao Optoelectronics Technology Co., Ltd. According to the "2016 Non-public Issuance of Stocks", the company will allocate a net amount of 1,969,099,846.04 yuan to the LED flip chip project and LED chip-level packaging project according to the ratio of 75% and 25%, that is, 1,476,824,884.53 yuan, 492,274,961.51 yuan respectively.蚌埠Sanken Semiconductor and Dalian Dehao Optoelectronics will increase their capital.

Summary: There is no doubt that with the further increase of industrial concentration, the contest between big factories has gradually evolved into a contest of capital. Listed companies expand their production capacity and profitability by increasing capital, thereby increasing market share.

In this context, what kind of stance should the SMEs with weak capital strength compete with the big manufacturers? From December 21st to 22nd, 2017, at the 2017 High-tech LED Annual Meeting, including Lin Jili, Executive General Manager of Mulinsen, Li Guoping, Chairman of Hongli Zhihui, Wang Sen, Managing Director of Guoxing Optoelectronics, and Lin Yan, Vice Chairman of Sanxiong Aurora Mr. Guan Yong, General Manager of Sunshine Lighting, Wang Jiangbo, Vice President of Huacan Optoelectronics, Jin Zhangyu, Chairman of Ganzhao Optoelectronics, and Quan Jinsong, Vice Chairman of Zhaochi, will give a keynote speech on the stage.

At that time, the ultra-400+ industry people will gather together on topics such as “What are the new big opportunities in the LED industry” to jointly analyze the new opportunities in the LED industry under the current situation.


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