Decryption: current situation and future trend of automotive lighting supply chain in China

Chinese, as a large car market by the end of 2015, the amount of car ownership has reached 172 million, and showed rapid growth trend. It can be predicted that China's demand for auto parts and after-sales service market will increase significantly in the next few years, while the automotive lighting market also has great potential for development. However, in the automotive supply chain, Chinese lighting, from the device, to the module, then to lights, joint ventures and foreign manufacturers occupy most of the market share, China mainland firms are still unable to contend with. However, mainland China's local enterprises are also in various ways to force the automotive lighting market. Device: the local packaging enterprises involved in car LED, still installed after mainly in the device side, the current device supplier to OSRAM, Lumileds and other international manufacturers as the leading, most of the vehicle headlights are using their devices. In addition, 100 million lights, lighting systems are also actively expanding the market, mainly in the taillights and other areas to seize the share. The device mainly due to supplier OEM suppliers usually for lamp product quality and technical certification and have higher requirements, automotive lighting core technology is relatively closed, so the local device manufacturers into the vehicle supply chain Chinese, rarely, and international companies can not be mentioned in the same breath. But the main packaging enterprises in China are trying to force the automobile lighting market in various ways, and they are trying to break the monopoly situation gradually. Rui photoelectric is a joint venture with Chery automobile optoelectronics company was founded in 2010. In July 2015, the company has signed a cooperation agreement with BAIC, a subsidiary of Beijing Automotive Group, to produce LED products for automotive lighting and automotive applications, including taillights, signal lights, interior lights and so on. And the share of the company in the project is not less than 70%. In addition, Rui photoelectric customers include Chery, Beiqi Foton, Thailand and other thai. Rui Rui photoelectric 2015 main business revenue of 256 million yuan, the first half of 2016, the main business revenue of 216 million yuan. Hongli Newell controlled subsidiary Forda signal in 2013 100%, vehicle to enter the LED market. The main products include car Forda signal lights and headlamps, the Hongli LED device, the main customers are still abroad after market, has not yet been cut in the supply chain. Forda signal 2015 revenue of 118 million yuan. Besides, other device manufacturers such as China Ruifeng is also developing, car LED product line, but after the dress, and a small market share in the top market will take time. Module: end manufacturers in mainland and Taiwan manufacturers of food in the mainland market Chinese end module, the larger local firms is one of the few. BYD has a complete industrial chain, so the headlamp module brand models for independent production. In addition, audio wholly owned subsidiary of Shanghai St. Lanna industrial wholly owned subsidiary of Shanghai sunlight photoelectric module manufacturers but also for local scale. St. Lanna industry in 2015 revenue of about 602 million yuan, the first half of 2016 revenue of nearly 375 million yuan. But need to mention that the audio in September this year announced that the company intends to transfer to St. Lanna industrial 100% stake in the controlling shareholder of Shanghai instrument electronics to the price of 705 million yuan (Group) Co., ltd.. The main supplier of end module sunlight opto was founded in 2004, at present, all products are to the automotive original equipment, working closely with large light factory such as Guangzhou Stanley, Changzhou Wei Ruike, Shanghai Donnelly, Mao magna, products used in FAW Volkswagen, Shanghai Volkswagen, FAW Audi, Shanghai GM, Guangzhou Honda brand car. The main products include taillights, brake lights, fog lamps, steering lights and interior light modules. In addition, the company also acts as a OSRAM light bulb. The sunlight photoelectric main headlight factory customer in addition, Chinese, front mounted headlamp module manufacturers in Taiwan market was basically occupied. Among them, the largest share of the layout of the most active manufacturers for Li Qing, 2015 LED lamp module revenue of about 510 million yuan, of which 90% from the mainland China market. Liqing was founded in 1999, 2005 began to develop LED business and set up lights, lamp factory assembly line in Taiwan, in 2008 to set up factories in Shanghai, with LED production car, and starting China, before market. September 2016, through the China Taiwan stock exchange to consider the listing. Li Qing is currently the main customer for Chinese local car factory and joint ventures and foreign auto lamps factory, including Shanghai Koito, Guangzhou Koito, the Great Wall car, BYD etc.. The the Great Wall car nearly two years since SUV car sales increased rapidly, and the new model fully equipped with the LED lamp, therefore has become the main source of revenue for Li Qing, currently occupy 40% of its revenue share, the full range of vehicle headlamp module the Great Wall hover are Li Qing supply. Long Qing Li car customers accounted for LED module structure diagram Shanghai Koito 40~50% module for Li Qing supply. The beginning of 2016, Li Qing LED headlight module began shipping, and through the Shanghai Koito and Mao Wei Ruike lamp factory supply to Changan automobile and Chery Jaguar and other vehicle manufacturers, for sale in the mainland market Chinese car models. In addition to Liqing, other Taiwan firms such as Opt, Yang Dun also valued China mainland market, actively expand production capacity, and China local car factory lights factory, or foreign large light factory cooperation, into the supply chain Chinese lights. Car end: Continental car