Rectangular group: LED strong business growth, investment in the water industry to test the extension of Education

Committed to the field of LED lighting, cost advantages to enhance brand competition. A group was founded in May 2005, March 2012 landed the Shenzhen Stock Exchange gem, mainly engaged in LED lighting devices and LED lighting product development, design, production and sales, is one of China's LED lighting device packaging field leading enterprises. In recent years, the company set up industrial park, investment in the construction of SMD support center and IC drive power supply project control costs, improve the competitiveness of the company's products. For the company's long-term strategic development, the company changed its name to the group, to adapt to future development planning and business development needs.

To extend the downstream industry to achieve vertical integration of industrial chain. Affected by the global energy crisis, many countries advocate energy-saving emission reduction, policy driven, LED lighting products demand increases, the market prospects. However, since 2015, LED industry homogenization of product competition incentives, corporate polarization is obvious, large enterprises through mergers and acquisitions to further expand the scale of small business survival difficult. The company through the acquisition of 60% stake in Kang Ming Sheng, extend to the downstream industry chain, and enhance core competitiveness. In addition, the company invested 100 million yuan to set up a wholly owned subsidiary of Qianhai Shenzhen Efficient Finance Holding Ltd, relying on the Internet platform for the company's main business to provide financial services, to create a lighting industry ecosystem.

Cut into preschool education industry, explore the development of extension. At present, the state attaches great importance to the reform of the education system, preschool education industry as a sunrise industry, in the policy stimulus and the increase in household income, the pursuit of high-quality child care under the dual stimulation, early childhood education industry prospects for the future. In 2016, the company (1) invested 100 million yuan to set up a wholly owned subsidiary of Shenzhen Qianhai long education management company, engaged in the early preschool institutions investment and construction work; (2) to 400 million yuan of its own funds, and to the German capital invested. Yide education industry investment fund mergers and acquisitions, the fund size is not more than 2 billion yuan the main industrial investment in education, the quality of assets, especially in international education, early education, preschool education and preschool education industry as the focus of investment, starting preschool education industry extension development, exploration, to achieve leapfrog development.

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