M.L.S. helm Sun Qinghuan's ambition: LED teamed up with IDG to bid for OSRAM

In May 23rd, the headquarters is located in Guangdong Zhongshan Xiaolan Town LED giant Linsen to 32.19 yuan / share price opened, opened the new day's capital market process.

The globalization is accelerating the layout of LED enterprises, listed since February 2015, the continuous expansion of mergers and acquisitions, LED industry, behind the helm for the company's actual controller Sun Qinghuan (as of March 31st, 80.01% stake).

The 43 year old Sun Qinghuan, who is also the chairman and general manager of the two level rawlinson. Company insiders told reporters, Sun Qinghuan is quite low-key and pragmatic, the exchange is not much contact with the outside world, give a person a kind of mystery, Linsen packaging industry founded the business management authority, most to the executive general manager Lin Chi lian.

In the three years after entering the MLS to third of the world's largest LED lighting industry series. One of the most promising layout, perhaps bidding for OSRAM's lighting assets.

Recently, a reporter from informed sources close to Sen's office was informed that the cooperation with the well-known international investment fund IDG, composed of bidding consortium, involved in the acquisition of OSRAM lighting business assets bid.

IDG and we have a good interaction, more willing to support us to participate in the bidding project OSRAM. "Executive general manager Lin Jiliang Rawlinson said in an interview with reporters.

Domestic LED giants are speeding up the bid for OSRAM, who is most likely to succeed? LED research industry insiders said Zhang Xiaofei more optimistic about rawlinson.

Bid with IDG

In May 16th, is located in Xiaolan Town, Zhongshan City Linsen Linsen Avenue headquarters 5 floor, busy Sun Qinghuan and 6 other directors board meeting together, during the meeting examined and adopted the "on the company agreed to participate in the bidding consortium to OSRAMLichtAG (hereinafter referred to as" OSRAM ") submitted a legally binding tender bill".

In order to promote its Linsen, internationalization process, and improve the LED industry in the strategic layout, has decided to partner with composition of bidding consortium, involved in the acquisition of OSRAM part of the lighting business assets bid.

Reporter learned from informed sources close to M.L.S. informed, and the composition of bidding consortium partners M.L.S. well-known international investment fund IDG, "relates to the provisions of the Commission, has done a lot of planning".

"IDG in the lead organization more investors, but (they) are all financial investment, Linsen is the main strategic investors (both), part of the funds. The insider said.

"Learned Linsen strategic layout for the global brands and international comparison, the identity of the IDG capital, they also hope to follow up a joint participation, with OSRAM's acquisition of the project. The insider told reporters.

Public information, IDG has long entered the Chinese LED industry. In early 2010, it joined Jinsha River venture investment funds, CO investment ashineon (Beijing) Technology Co., Ltd, together to create high brightness light-emitting diode (HBLED) flagship enterprise. IDG another popular action is to invest in the domestic chip supplier giant China can photoelectric.

Reporters noted that the main LampLED, SMDLED, Display and LED applications such as the supply of the upstream chip, Rawlinson, desire is quite strong.

In April 11th, M.L.S. and HC semitek signed a cooperation agreement, the former in the next 3 years from the purchase of LED chip, the product value of not less than 1 billion 500 million yuan.

IDG because of the relationship between China and the photoelectric, with us have a good interaction, more willing to support us to participate in the bidding project OSRAM. "Executive general manager Lin Jiliang Rawlinson said in an interview, to determine the price bid (OSRAM) issued in the past, the acquisition amount of tenders.

Linsen to buy OSRAM lighting assets, as early as last year has spread. But since then it did not disclose more information on the acquisition of OSRAM matters. This time, it is obviously accelerated the pace of acquisition.

M.L.S. rather pays attention to the acquisition, personally by Sun Qinghuan, "the board of directors authorized Sun Qinghuan on behalf of the company to negotiate acquisitions and signed the relevant documents. "

M.L.S. or bag

Public data shows, as one of the three major global lighting company OSRAM, business consists of 5 parts: CLB (traditional lighting and ballast), LLS (LED, L&S and lamp system) (lamps and solutions), SL (special lighting, automotive lamp) and OS (photoelectric semiconductor, LED chip and devices), has the world famous brand OSRAM (OSRAM) and Sylvania (Xi Wan), and covers about 150 countries large sales channels.

Back in April 2015, OSRAM announced its plans to spin off the channel business, and is expected to complete the business spin off within 12 months. Now to sprint stage. There are people close to the bid, told reporters, according to the relevant process of OSRAM, probably the last tender offer (stage), it should be time to make a decision. "

To bid for OSRAM, M.L.S. is overweeningly ambitious. Lin Jiliang told reporters: we have a very high degree of willingness, but also a certain degree of confidence, who would be more suitable, I believe OSRAM will make a reasonable judgment. "

When to determine the final disk, I think, the time should not be too long, perhaps in a month, the other side (there will be) a certain response. A domestic LED industry insiders told reporters.

In fact, OSRAM