LED investment from the "lying number" to "stand looking for" aura disappeared?

Li Wei still remember the scene when entering the LED industry in 2009. At that time he registered a company in Shenzhen, the sale of LED products upstream raw materials phosphors, because the market is good, high profits, he bought one or two years of car and housing. But in the past two years, the business is not as good as before, his mind turned from LED to equity investment.

Daily economic news reporter statistics found that, as the LED industry, the main force of listed companies, the situation is not optimistic. According to publicly available data of Listed Companies in the first quarter of 2016, most of the company's net profit showed a downward trend.

The downturn in the industry behind, a number of LED listed companies began to "Empathy", no longer focus on the LED industry, but the cross into the Internet, media, education and sports industry.

Emerging industries change traditional industries?

Around 2010, such a lamp, you can sell one hundred or two hundred yuan, now you can buy a dozen dollars. Li Wei pointed to a LED lamp on the wall said, because the price war is very intense, the rapid decline in corporate profits in recent years. He missed the 2009 ~2011 years of the situation: the broad prospects of the industry, fewer competitors, lying in the number of money.

"After the 2008 global financial crisis, energy saving and emission reduction in local government policy support and financial subsidies, LED industry show explosive growth, capital source, rapid entry, coupled with government project strong push, LED companies gain a high profit early. OFweek industry analyst Deng Kaimin on the daily economic news reporter said.

Reporters in 2011 interview had learned that at that time because the industry is hot, do tires, selling fruit, when the civil service to do a few LED switch. Deng Kaimin believes that the global LED industry chain, China won the opportunity to overtake the curve, but also led to the homogenization of excess capacity, the application needs not to match the problem.

Reporter survey found that, although the permeability of LED products has been expanding, replacing the traditional light source is also very obvious advantages, but the industry threshold is not high, especially in the downstream applications, rent a plant, buy a few put electric iron, for 35 workers, but also to set up a factory workshop. A large number of enterprises to enter the field of LED, the result is that we try to kill the price, do not make money.

Foshan Nanhai electric light source lighting industry association report shows that in 2014 the city of LED reached 1248 enterprises, but many companies are very difficult to catch up with the emerging and high-tech these words hooked up to Foshan.

The first quarter of this year, China will be a loss of photoelectric, dry according to photoelectric, wood wood, Abison, snow Wright and other corporate profits decline. Dry photoelectric profit margins fell even as high as 88%.

In the eyes of some people in the industry, LED has turned into a traditional industry, the glory of emerging industries slowly fade, less and less on the planning of the LED industry, the industry subsidies are less and less.

Listed companies began to "faithless"

When the LED business is no longer the meat and potatoes, the mind has become tricky.

May 26th, Wan run technology announced that the third board of directors received Mr. Liu Ping, Mr. Hu Liang and the Secretary of the board of directors Mr. Hao Jun submitted a written resignation report. The company said that in view of the current transformation of the Internet advertising and media industry, in order to actively promote the strategic transformation of the company, the 3 resigned from the corresponding positions.

KingSun in to education transformation. According to "Nanfang Daily" reported that in May 16th of this year's shareholders' meeting, KingSun chairman Chen Yonghong said that the semiconductor lighting industry in the "Red Sea" pattern has been formed, in order to safeguard the interests of shareholders in Guangdong, to build sustainable profitability of the company, the company is actively promoting industrial transformation and upgrading of industry consolidation, to be paid through the issuance of shares and cash. The purchase of the Guangzhou Longwen Education Technology Co., Ltd. 100% stake.

Other companies are still in transition or a lot of cross-border.

The photoelectric acquisition has 6 Internet media and Outdoor Advertising Company; beneficial up to last year's 635 million yuan acquisition of 3 advertising companies, and renamed the "meghdutt digital" complete transformation.

Honglitronic 2015 invested 45 million yuan shares "technology, in 2016 and plans to invest 30 million yuan shares of bead boat bus, car networking industry breakthrough. At the end of last year, honglitronic and nine liberal capital, Yun Ding, Ding Tiansheng Oriental jointly set up the car networking fund size of 800 million yuan, with the help of quasi professional investors, accelerate the network layout of the car, build LED+ car networking "double main industry ecology".

After the accelerated pace of transformation, photoelectric, lighting these words began to be abandoned. Lehman photoelectric in order to meet the needs of the transition, simply renamed Lehman shares: rectangular lighting is removed from the two words of lighting, into a rectangular group.

LED industry corporate profits continue to decline, while the listing of assets has been growing, especially in mergers and acquisitions to bring asset restructuring. Guangdong LED Specialized Committee Secretary Guo Xiu on the "daily economic news" reporter said, like most industries, LED after several years of rapid development, gradually from the beginning of the high profit industry back to the normal track, which is the industry mature and transparent stage.

At this stage of the LED business competition situation can not be avoided into a price war, the majority of large enterprises only the merger and expansion of production and value of the road to go. Deng Kaimin said.

Industry opportunities where?

"Homogeneous competition, large