On "enclosure" will serve you! This packaging giant has opened up the entire industry chain "Ren Duo two veins"

As the LED packaging industry shifts to China, the next new cycle led by China has arrived.

After the development of the LED industry in the past few years, the concentration of the industry chain from top to bottom has increased significantly. From the end of last year to this year, the rising tide of the upstream chip and packaging industry also indicates that the industry's prosperity will rise again; the new application represented by the filament lamp in the downstream will also bring a new round of demand cycle in the industry.

Since its inception, Mulinsen has been paying attention to product development and technological innovation. It has achieved a series of technological achievements in LED packaging and application fields, and has the ability to solve a complete set of solutions for LED packaging and application products. At present, Mulinsen is continuously extending to the upstream and downstream of the LED industry chain. Through the vertical integration of the industrial chain, it also cooperates with well-known foreign companies to continuously expand the company's sales channels.

Since entering 2017, Mulinsen has continuously strengthened the company's core competitive advantages by introducing excellent management talents and improving the training of talents, and has promoted the company's business scale to grow and develop, and the industry's leading position has been further consolidated.

In the revenue ranking of the world's major LED packaging factories announced by the research institute DIGITIMES Research in May this year, Mulinsen's large-scale expansion and increased lighting product line made it a success and ranked fourth. From the list, Mulinsen's influence in the global LED field is increasing day by day, and it can compete with international giants such as Nichia.

In response to the upstream and downstream extension of the LED industry chain, Gaogong LED found that Mulinsen has been making great moves since entering this year. Today, let's take a look at what the industry leader Mulinsen has done this year and what achievements have he achieved?

Over 1 billion yuan to build "Xinyu LED lighting supporting components project"

Earlier, Mu Linsen planned to build a new LED lamp, candle lamp, ceiling lamp and downlight production base in the high-tech zone of Xinyu City, Jiangxi Province. The project design capacity is 148 million yuan per year, with a total investment of 904 million yuan.

Since Mulinsen was planning to acquire LEDVANCE for the general lighting business set up by Osram, the company's strategic plan was adjusted. In the future, the business of Mulinsen's parent company and existing subsidiaries will focus on LED packaging and LED lighting components. LED application lighting business will focus on LEDVANCE or through outsourcing production.

Therefore, on January 17, Mulinsen issued a notice stating that the company decided to change the “Xinyu LED Application Lighting Phase I Construction Project” to “Xinyu LED Lighting Package Component Project”. At the same time, the changed fundraising project is planned to build a new LED display lighting board and LED indoor lighting board production base in Jiangxi Xinyu High-tech Zone. The project design capacity is an annual output of 15.9033 million square meters, and the total investment amount of the project is 1.035 billion yuan.

Mulinsen said that the completion of the project will further strengthen the company's core competitiveness in the field of LED packaging and components. The project changes will be compatible with the company's future business development, which will help create synergies, reduce product costs and enhance product market competitiveness. And profitability, in line with the company's need to implement long-term strategic planning.

3 billion yuan investment in the construction of copper clad laminate production project

On March 4, Mulinsen (002745) announced that the company will invest in the construction of CCL production project in Jinggangshan Economic and Technological Development Zone. The project is mainly engaged in R&D, production and sales of copper clad laminates for circuit boards. The total planned investment is 3 billion yuan. .

For Mulinsen, the future huge packaging and lighting capacity must rely on a strong, stable and cost-effective supply chain system to protect. At present, self-sufficiency is undoubtedly one of the best ways.

Mu Linsen's acquisition of Landewans sold hammer

The sale of Osram's sale of Roundmans to the Chinese consortium was completed and effective on March 3, 2017. The final amount of the transaction is approximately EUR 500 million. OSRAM will also receive up to €100 million in patent license payments from the buyer team for the use of its trademark rights in the next few years.

After the completion of the delivery, Mulinsen will expand its overseas lighting business by virtue of the channel business and brand image of multinational giant Osram, and further extend the industrial chain to the downstream, and the terminal marketing market, especially the European and American markets, will be improved.

The acquisition of Osram's lighting business by Mulinsen is a milestone for the listed companies to enter the high-tech level of the lighting field. This time, the industry is widely believed that Mulinsen will rank among the top three LED giants in the world.

$4.9 million to establish a joint venture in North America

After participating in the successful acquisition of Osram's general lighting company, Randy Vance, Mulinsen's overseas market expansion has not stopped. On March 20, 2017, Mulinsen announced that the company will invest USD 4.9 million to establish GLOBAL VALUE LIGHTING Co., Ltd. with SPV, accounting for 49% of the company's total capital contribution. In addition, in this transaction, the company will receive a preferred stock of SPV.

LIGHTING SCIENCE GROUP CORPORATION is one of the leading suppliers of LED branded lighting products in the United States. It owns its own brand sales channels for supermarkets including Home Depot and is engaged in advanced, environmentally friendly and sustainable LEDs. Design, development and sales of lighting solutions with differentiated features.

Relevant personnel of Mulinsen said that the establishment of the joint venture company can effectively expand the company's overseas sales channels, promote the development of the company's overseas business, enhance the company's comprehensive competitiveness, and comply with the company's development plan.

1.87 billion build LED filament lamp production base in Yiwu

In April 2017, Mulinsen issued a number of announcements, revealing that the company plans to build a new LED filament lamp production base in Yiwu Industrial Park, Zhejiang Province. The project design capacity is 230 million pieces per year, with a total investment of 1.287 billion yuan.

The Yiwu LED lighting application product project is planned to be located in Yiwu Industrial Park, Zhejiang Province. The project construction period is 12 months, the calculation period is 9 years, and the operation period is 8 years. After the completion of the project, the production capacity will be gradually increased. After two years of production and operation, the production will be completed, that is, the third year will reach the production rate, and the yield will be 96%.

Mulinsen 300 million capital increase harmonious light can

On June 7, 2017, Mu Linsen announced that the company would further enhance the cooperation relationship between the parties, give full play to the advantages of all parties, broaden the company's profit channels, and decide to use its own funds of 300 million yuan to distribute Yiwu Harmony in batches. Guangcan Enterprise Management Consulting Partnership (Limited Partnership) (hereinafter referred to as “Harmony Guangcan”) will increase capital.

Mulinsen said that this investment is the exploration and innovation of the company's development model. The source of funds is self-owned funds, which does not involve the use of raised funds. It has no real impact on production and operation in the short term. It will help the company to successfully acquire high-quality projects and accelerate the company's development in the long run. The pace will have a positive impact on the company's long-term development.

Thanks to the horizontal and vertical integration of the industrial chain, Mu Linsen achieved revenue of 3.624 billion yuan in the first half of this year, a year-on-year increase of 73.68%; net profit attributable to shareholders of listed companies was 306 million yuan, an increase of 100.58%. Benefiting from the steady growth of the company's revenue and profitability, Ms. Lin Qinghuan, the chairman of Mulinsen, was shortlisted in the top three of the 2017 Hurun Rich List LED, second only to San Anlin Xiucheng, Lin Zhiqiang and his son and Opal Lighting Ma Xiuhui and Wang Yaohai.


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