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The reporter learned that Guangdong Electronic Information Industry Group is a wholly-owned subsidiary of Guangdong Guangsheng Asset Management Co., Ltd., which is also a state-owned sole proprietorship regulated by Guangdong State-owned Assets Supervision and Administration Commission. Therefore, this means that Foshan Lighting is controlled by foreign-owned Osram. After 11 years, I returned to the background of state-owned assets.
It is worth noting that Hirose Assets is also the actual controller of Foshan Guoxing Optoelectronics, another LED industry chain company. After the completion of the transaction with Osram, the company has directly or indirectly accessed two major domestic LED manufacturers.
So, what kind of chess is going to go next? In what way will the “national team†it represents continue to stimulate the reshuffle of the domestic LED industry? After Foshan Lighting changed its first shareholder, what kind of situation will the company's situation usher? Industry insiders are guessing.
Hirose seeks “seaport†for its subsidiaries
“National Star R&D + Buddha Photo Channel + Osram Brandâ€, today's circle of people put forward this view on the “Fo Zhao replacement shareholder incidentâ€.
"In fact, this view still seems to be one-sided at this stage. Osram is only reselling shares held by Buddha Photo, which is not related to buying and selling brands," said a lighting industry insider who asked not to be named.
In fact, this vast acquisition has not been related to the “case†of Osram’s plan to sell the lighting business unit of 6.9 billion yuan. It is only a simple transfer of shares of Osram in Fozhao. The above view is more like the industry. People speculate on the future development path of Guangyu.
"But the industry's thinking is completely correct, and it is also in line with the general direction of future industrial integration." The industry mentioned.
"In fact, just like Wanrun's acquisition of Auman this year, this is to find the estuary of LED products. Why Jinshajiang wants to acquire Philips is to carry out patent cross-licensing. This integration in the LED industry chain is very The necessary things," the industry analyst analyzed.
The same is the "Door" enterprise in Foshan City. (The reporter has been to Foshan Chancheng District, the Buddha and the National Star "two relatives" on the Minjiang River North Road, only 100 meters away), the Buddha and the National Star are here. Before the incident, there was close cooperation, and this time, with the special relationship of Guangyu Capital, the future degree of the two will be further strengthened.
It is understood that in addition to Foshan Guoxing Optoelectronics, Guangsheng Group is also affiliated to Guangdong Guangsheng Optoelectronics Technology Co., Ltd., Shenzhen Yueshen Precision Machinery Co., Ltd., Shenzhen Nanhe Communication Industrial Co., Ltd. and Henan Guangsheng High-Tech Investment Co., Ltd. The above-mentioned companies are involved in the production and sales of LED components and lighting products in their business scope or actual business operations.
"National Star's research and development, the channel of Buddha photos, coupled with the industry's already unlimited YY OSRAM brand, if the vast capital can achieve the integration of the above three factors, will be the future LED industry should not be underestimated." The industry mentioned.
Buddha photo will break Osram "OEM trap"
According to the reporter's information, before October 2003, Foshan's largest shareholder was Foshan Industrial Investment Management Co., Ltd., with a shareholding ratio of 23.97%, which was a state-owned equity. In 2004, the Foshan Municipal State-owned Assets Supervision and Administration Commission was established, and part of the state-owned shares were transferred to the Foshan Municipal State-owned Assets Supervision and Administration Commission.
On August 31, 2004, Foshan Lighting's 23.97% stake in Foshan Lighting was divided into two parts, of which 13.47% was transferred to Osram and Hong Kong's newly established acquisition company Osram Yuchang, and the remaining 10.5% was transferred to Hong Kong Prosperity, the total transfer price was 678 million yuan. At this point, OSRAM became the actual controller of Foshan Lighting. “Before and after 2004, the lighting industry was not booming. At this time, Osram had just entered the Chinese market. Osram could not enter the customs from the German Siemens headquarters. It was necessary to find a domestic foundry company to drive down The price, therefore, signed a "light product purchase contract" with the Buddha in the shareholding, Osram found the Buddha photo for the OEM, the Buddha photo with Osram's popularity and order volume, both of which are needed." According to an industry source.
"In the Chinese lighting market at that time, the cost of a lamp in Foshan was about 5 yuan, that of Philips was 8 yuan, and that of OSRAM was close to 10 yuan. The technical difference between the three was not big. After the Buddha photo was taken, Osram bought the Buddha lamp at the bottom price. With its own lamp holder and its own label, OSRAM quickly gained the cost of competing with Philips and laid the foundation for the expansion of OSRAM in the Chinese market,†said GGII senior analyst Li Shengfa.
In fact, at the time, the rapid development of OSRAM in China was not only related to the prospect of the lighting industry itself, but also the cooperation with Foshan Lighting.
"But after Osram entered the company, we suddenly found out that Osram's China lighting business has grown bigger, and our own brand advantage and market advantage have gradually weakened. We hope to use Osram's technology to become bigger and stronger, we seem to fall into Osram's OEM maze. Osram's promise to provide LED lighting technology to Foshan Lighting has not been realized so far. A Foshan Lighting resignee told the author.
"After this departure from Osram, the Buddha photo will certainly be able to get rid of OSRAM's OEM puzzle to some extent, in order to reshape its brand advantage, and at the same time, with the background of the company's state-owned assets, or even to acquire the Osram lighting business in the future. The various possibilities of the Ministry, in the context of the industry of 'LED gradually localization', usher in a better development opportunity." The industry mentioned.
Previously, OSRAM has decided to sell its general lighting source business. The value of OSRAM's general lighting source business (including debt) is as high as 1 billion euros (equivalent to approximately RMB 6.893 billion). Domestic Dehao Runda, Sunshine Lighting and other companies have been suspected to be potential buyers.
But so far only Shanghai Yaming's parent company Feilei Audio (600651.SH) announced that it is interested in the OSRAM general lighting source business and issued a non-binding offer. Just today, Feile Audio announced that it has hired HSBC as the acquisition of OSRAM Lighting. Exclusive international financial advisor for business projects.
For the owner of Osram, Gaogong LED will continue to follow up on reports...
Because of its unique flexibility, rubber sheathed cables are very suitable for use in indoor and outdoor environments, including wet and even water conditions. They are usually used on mobile electrical equipment. They are suitable for electrical and pneumatic connection or wiring with AC rated voltage of 300V/500V and 450V/750V below.
Rubber sheathed cables are used by products in many fields due to their unique mechanical and physical properties, so they are classified into many categories, such as mobile universal rubber sheathed cables, electric welding machines, electric power, marine, mining, wind energy, nuclear energy, etc., among which mobile universal rubber sheathed cables and mining cables are widely used.
Advantages
1. Good water resistance, less air permeability.
2. It can be mixed with other rubber or plastics to improve the performance of rubber.
3. Good heat resistance. The heat resistance of rubber is better than that of natural rubber and styrene butadiene rubber.
4. The physical and mechanical properties are average. The mechanical properties of rubber without reinforcing agent are poor.
5. It has excellent oil resistance and solvent resistance. The higher the content of acrylonitrile, the better the oil resistance.
[Text / high-tech LED Xu Chaopeng] Foshan Lighting announced yesterday that the company's largest shareholder - OSRAM GmbH, signed a share sale and purchase agreement with Guangdong Electronic Information Industry Group, for the price of 2.621 billion yuan to transfer 100% of the shares to the latter, the transaction is completed After that, Guangdong Electronic Information Industry Group became the largest shareholder of Foshan Lighting.