As a major province of LED industry, after the large-scale promotion and the extensive development of LED enterprises everywhere, it is urgent to establish a unified industry standard and end the chaotic development. Especially for listed companies, whether they can seize opportunities, strengthen technological innovation, accelerate the integration of resources, seize market share, and establish industry benchmarks will largely determine the development of the entire LED industry in Guangdong. To this end, Southern Network launched a series of reports will continue to pay attention to the development status of Guangdong LED listed companies. In recent years, the LED industry has developed rapidly, and the cake has become bigger and bigger, attracting many traditional lighting manufacturers to transform and hold LEDs. Traditional lighting Wang Foshan Lighting has also begun to strengthen the traditional LED lighting business and started a stable LED transformation. the road. Adhering to the traditional lighting business is still profitable. With the deepening of the concept of energy conservation, the government's vigorous promotion and the massive intervention of capital, the LED industry has rapidly emerged and become the development trend of the lighting industry. Many manufacturers face the temptation of huge market cakes. They are determined to break the traditional lighting business and hold LEDs, and hope to win the starting advantage. However, Foshan Lighting chose another way to be a grave-keeper for traditional lighting. On the one hand, as a traditional lamp king with more than 50 years of history, it is obviously impractical for Foshan Lighting to voluntarily give up its traditional lighting business, and the transformation cannot be done overnight. On the other hand, with the large-scale jump of traditional lighting manufacturers, Foshan Lighting has become the biggest beneficiary of the traditional lighting market. The facts also prove that the traditional lighting business is still profitable, and the income of Foshan lighting traditional lighting business does not fall. Company Secretary Lin Yuhui said that the company is currently operating at full capacity regardless of whether it is traditional lighting products or LED products. Many companies have begun to do not use traditional lighting products. Orders have been transferred to us, and overseas export growth is also good. Pan Jie, chairman of Foshan Lighting, also said that Foshan Lighting has increased product development and market development of LED lighting to enrich product lines and expand channels. At the same time, it has not given up on traditional lighting, and has continued to consolidate the traditional lighting base and expand production scale. In fact, in the first half of this year, our traditional lighting business grew by a large margin year-on-year. Exploring the initial success of the LED business, Foshan Lighting has long been involved in the LED business, but the road to transformation is twists and turns. As early as August 2010, Foshan Lighting announced that the company and the United States Bridgelux (Purray) Optoelectronics Co., Ltd. reached a preliminary cooperation intention for the LED project, but the project did not have any follow-up progress. In June 2012, Foshan Lighting and Ritz Kechuang jointly established a new light source company officially dissolved. From establishment to dissolution, it took only over a year. Foshan Lighting Transformation LED first battle came to Yu. Not only that, Foshan Lighting has also encountered the lack of LED technology. Although its major shareholder Osram holds many patents in the field of LED lighting, it has never been willing to introduce these technologies into Foshan Lighting. In 2013, LED ushered in the first year of indoor lighting, but Foshan Lighting, which is ready to let go, has fallen into a high-level change and litigation of shareholders. However, when there is no storm, the cloud will see the moon. The firm transformation of Foshan Lighting has begun to take effect this year. The competition of LED lighting is the comprehensive competition of four people in the channel, production, brand and scale. As a traditional lamp king, Foshan Lighting's brand advantage, production advantage, scale advantage, especially channel advantages began to appear in the transformation of LED. According to industry experts, Foshan Lighting's LED product channel can be seamlessly connected with the sales channels established by its traditional lighting products, thus greatly reducing the channel construction cost of LED products. In terms of product technology, Foshan Lighting has greatly enhanced its R&D capabilities by acquiring the equity of Suzhou Mengtai, which has more than 40 patents for LED lighting products.

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