Jinsha River capital announced the establishment of LED lighting industry cornerstone fund

Jinsha River in the capital today (April 19, 2016) announced the establishment of the LED lighting industry foundation fund limited partners, including Chinese high-tech sector leader, Taiwan industry group and well-known private entrepreneurs, $1 billion. The introduction of funds including LED lighting industry leader Mr. Su Jianghua, Dr. Fan Zhencan and other experienced team members, to create Chinese in world influence lighting enterprises "as the goal, relying on the capital of Jinsha River ten years continuous selection and cultivate the lighting industry chain, to build a world-class LED lighting platform, further optimization of the global supply chain, promote the global LED industry towards higher quality, higher quality development. As of press time, this fund has been oversubscribed.

Because the lighting industry is changing from traditional lighting to LED lighting transformation and global industry chain integration, some international high visibility, has a strong patent and market resources lighting companies, such as PHILPS, OSRAM and other lighting, are facing the global sale of the lighting part of the business, with an increasing number of such cross-border mergers and acquisitions of the successful cases LED, the lighting industry mergers and acquisitions also get support from all walks of life. Chinese LED industry and union secretary general Guan Baiyu said: "this transaction is a rare opportunity to China semiconductor lighting industry, with the help of the transaction can speed up the internationalization of Chinese semiconductor lighting industry, but also conducive to improve the industrial technology and manufacturing capabilities. "National semiconductor lighting engineering research and Industry Alliance Secretary General Wu Ling also said:" the integration of mergers and acquisitions in favor of complementary synergy effect, can realize the exchange channel, extend the industrial chain integration, strengthen and expand the scale, but also makes the LED capacity utilization gradually improve, contribute to the healthy development of the global LED industry. "

After the establishment of the fund, the team will make full use of the innovation platform of lighting industry strong brand, patent resources and channels, through the supply chain integration and optimization, to create the lighting industry with advanced manufacturing capacity, global influence, innovation and business model of the leading intelligent products. "In order to fully cooperate with the" supply side "China government reform, domestic enterprises need to increase investment in research and development, improve the status of international intellectual property rights, establish the international reputation of the Chinese brand, maintain and develop global sales channels. "Mr. Wu Shen handsome founder and director of the general manager of Jinsha River. China is not only a huge potential market and cost advantages of a significant production base, but also cultivate a large number of elite R & D team. We firmly believe that in the starting global distribution platform, full use of the strong brand effect at the same time, continue to increase investment in research and development, reduce the cost, improve the production efficiency, the world's leading LED enterprise achievements under one point the day and await for it. "

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