Analysts pointed out that as a traditional lighting giant, Foshan Lighting appears to be swaying in the LED business. Follow-up is not effective in the short term. If you look at it, you will miss the opportunity. The company is difficult to choose in a dilemma.

Being regarded by Foshan Lighting (000541, SZ) as the "cutting into the LED industry opportunity", Guangdong Fozhao New Light Source Technology Co., Ltd. (hereinafter referred to as "Fo Zhao New Light Source") went to the fall after a difficult operation for one year and two months. fate.

On June 28, Foshan Lighting announced that due to the existence of large market risks, it was decided to cancel the new light source of the Buddha. As an important carrier of Foshan Lighting's LED, Fozhao New Light Source ended up with a record of 1.16 million losses.

But the story is not over. Analysts pointed out that as a traditional lighting giant, Foshan Lighting appears to be swaying in the LED business. Follow-up is not effective in the short term. If you look at it, you will miss the opportunity. The company is difficult to choose in a dilemma.

Short-lived new light source
On April 28 last year, the new light source of Buddha Photo was born. The new company was established by Foshan Lighting and Ritz Kechuang Co., Ltd. (Hong Kong), of which Foshan Lighting invested RMB 122 million in cash, accounting for 55% of the joint venture company. Lijia Kechuang Co., Ltd. invested in patent technology for a price of 100 million. Yuan, accounting for 45% of the joint venture company.

At the beginning of its establishment, Foshan Lighting was full of embarrassment for this project.

At that time, the announcement stated that LED light source has been considered as the development direction of the light source industry because of its high luminous efficiency, long life and no pollution. Through the patented technology of the joint venture company, the company can break the patent blockade of foreign companies in the LED industry and smoothly enter the LED light source industry. The company believes that this cooperation "conforms to the company's strategic planning and long-term development goals, in line with the interests of all shareholders."

For the patented technology of Lijia Kechuang Co., Ltd., Foshan Lighting has a lot of words in the announcement. According to the search and analysis of the Shanghai Science and Technology New Consulting Center of the Chinese Academy of Sciences, the project has filled the domestic gap, and its comprehensive technology has reached the international advanced level, with important practical applications and market development value.

But in just one year, the company came to an end.

On June 28 this year, Foshan Lighting said that due to the changes in the market and technological environment, the company's original development project has a large market risk. Since its establishment, it has not carried out actual operations. The company's survival will only increase the corresponding management fees. The economic benefits will seriously damage the interests of the shareholders of the company.

After full consultation, the two sides decided to dissolve and liquidate Foshan New Light Source Company. In the past year or so, Foshan Lighting has only completed 10 million yuan of capital contribution, which is far from the amount of RMB 122 million announced at the beginning of the company. As of the end of 2011, the net assets of Foshan New Light Source was only 8.838 million yuan, with a loss of 1,116,200 yuan.

Wu Yulin, president of Foshan Lighting Association, said in an interview that the cancellation of the new light source of Fozhao may be related to the big environment. Now the profit of LED upstream and downstream is declining and may not reach the profit point.

Hastily introduced technology to brew bitter fruit?

However, the reporter noted that the reason why Foshan Lighting chose to cooperate with Lijia Kechuang Co., Ltd. is to look at the patented technology held by the latter.

This LED light source, called the new wavelength conversion mechanism, has high color rendering and low color temperature white LED technology. It has been verified by Foshan Lighting. Under the same chip condition, the color rendering index can be more than 90%. The LED light source with different color temperature has higher luminous efficiency than the similar LED light source at home and abroad by more than 25%.

On June 10 last year, the Foshan Science and Technology Bureau conducted a scientific and technological achievement appraisal of the above patents, and finally concluded that “the technology is at the domestic leading level”.

According to the patent name and patent number announced by Foshan Lighting in the announcement, the reporter retrieved the above patent in the State Intellectual Property Office. The inventor is Chen Haoxuan and the application date is April 12, 2011. That is, the first half of the joint venture company was established.

This means that the patented technology has just been declared successful, and Foshan Lighting has invested in the establishment of a new light source for the Buddha. What is even more intriguing is that the other side of the joint venture company, Ritz Kechuang Co., Ltd. was established on February 24, 2011, only two months earlier than the new light source.

Obviously, Foshan Lighting can't wait to get the above patented technology. In the end, the patented technology held by Ritz-Carlton Co., Ltd. also received a good valuation. A 45% stake in Fozhao New Light Source was obtained with a valuation of 100 million yuan.

Guangzhou Ehang Electronic Co., Ltd. , https://www.ehangmobile.com