In the past two years, LED companies have developed rapidly, and the industry's profitability is also considerable. The capital operation strategies of LED upstream companies integrating mergers and acquisitions, expansion, and investment are constantly expanding. The following is the dynamics of LED upstream companies that have been compiled in a small series.
Wood Forest recently released the “Proposal on Proposed Liquidation and Cancellation of Subsidiaries”. The announcement shows that in order to improve the overall operating efficiency, the company will change the marketing model of some products into distribution. The company will liquidate some wholly-owned and controlled marketing companies. Logout.
Ganzhao Optoelectronics announced that the company has set up a wholly-owned subsidiary, Jiangxi Ganzhao Optoelectronics Co., Ltd., with a capital of 30,000 million in the newly-built area of Nanchang City, Jiangxi Province, to implement the project to promote the expansion.
At the same time, based on the strategic planning considerations and development needs of the company's blue-green business expansion, the company plans to establish a wholly-owned subsidiary “Nanchang Ganhong Photoelectric Co., Ltd.” with its own capital of 10 million in Nanchang City, Jiangxi Province. The company has also completed the industrial and commercial registration procedures.
On the evening of August 3, Alto Electronics announced that according to the relevant laws and regulations and the PPP project framework agreement provisions of Wuhai City Lighting Infrastructure Construction and Lighting Tourism PPP Project Investment, in order to ensure the smooth implementation of PPP projects, Qianbaihui and Shanghai Yaming Lighting Co., Ltd. and Inner Mongolia Huanghe Mingzhu Culture Tourism Industry Investment Co., Ltd. signed a shareholder agreement to jointly establish a PPP project company, Inner Mongolia Zhongji Smart City Construction Co., Ltd.
Sanan said in a high-level conference call that Sanan Optoelectronics will start to launch new capacity at the rate of 10 MOCVD per month from August, and there will be new application incentives on demand. Sanan Optoelectronics said that LED prices will stabilize in the next 1-2 years. .