Billion light Ye Yinfu: lighting will go to the high level market, not to compete with mainland manufacturers.

In the first quarter of this year, the industry is facing the traditional off-season, and the price competition of mainland manufacturers. The operation of LED factories in Taiwan area is rather weak. Ye Yinfu, chairman of the billion light industry, said at the shareholders' meeting recently that the lighting of the billion light will go to the high level, not to compete with the mainland manufacturers. If there are minority shareholders, how many years will Ye Yinfu be able to retire? Ye Yinfu responded: to die on the battlefield!

Yigu recently held a shareholders' regular meeting, smoothly passed the annual earnings report and completed the election of the chairman of the board of directors. In the meeting, a small shareholder mentioned that Zhang Zhongmou, chairman of TSMC, would fight for TSI until he was 87 years old. Ye Yinfu responded, "I can't control how old I live, but my goal is to die on the battlefield."

The LED industry in Taiwan is facing the competitive pressure of the mainland operators who are holding official subsidies and mastering the world's fourth largest lighting terminal market. The operation is very difficult. Most of the manufacturers are actively adjusting the product line and not competing with the mainland. Ye Yinfu also agrees that in the field of lighting, he will go to the high level market, and the rest will go to cars, high value-added and infrared products.

Another small shareholder, please quote billion light to start treasury stocks. First, it is about $600 million of the market value of the billion light. The market value of foreign capital tracking is US $1 billion. Secondly, the net value of the shares per billion light is about 40.9 yuan, NT $40.8. Only the decline of the company's reputation, it is difficult to guarantee that the merger of silicon products will not repeat itself. Raising the market value through treasury stocks can reduce the risk of hostile takeovers. Ye Yinfu also responded that the treasury stocks would be taken into consideration.

Source: "business times"

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