I believe everyone has noticed that since last year, the conversion speed of China's domestic lighting market from traditional lighting products to LED lighting products has far exceeded the imagination of most people.

Of course, in the LED lighting industry in the past few years, due to fierce competition, the entire market is a "Red Sea" stifling pattern, price wars, channel grabs, marketing propaganda wars are common competitive situations.

In the industry's view, the lighting market is divided into two parts, some of which are scale-oriented markets. This part of the market is a relatively standardized product. Compared with quality, everyone pays more attention to its cost.

Then another part of the market emphasizes its technical and traits, including the service to customers, and the requirements in the technical field are relatively high. Intelligent lighting is a typical example.

Since 2016, Philips Lighting has been working hard to complete its transformation, such as turning to smart lighting, automotive lighting, and plant lighting.

In November 2016, Philips Lighting signed an agreement with Xiaomi to form a new joint venture company based on 70% of Philips and 30% of Xiaomi, to jointly promote the development of smart connected home lighting in China. The joint venture company will develop home smart connected lighting products and access the Xiaomi smart home platform.

Like Philips Lighting, OSRAM, one of the traditional lighting giants, is also accelerating the smart lighting business. Although both companies are in the “critical time point” of selling the general lighting business, this does not prevent them from looking for the next new profit growth point.

In addition, in September last year, the Beijing Municipal Development and Reform Commission and the Beijing Municipal Finance Bureau jointly issued the "Beijing 13th Five-Year Plan" Green Lighting Project Implementation Plan, stating that during the "13th Five-Year Plan" period, the green lighting project was tight. Focusing on the main line of work of “connotation and promotion”, we adhere to the principle of “emphasis on key points, efficient use, overall planning, and step-by-step implementation”, promote a batch of LED high-efficiency lighting products, implement a batch of intelligent lighting demonstration projects, and create a batch of intelligent lighting. Pilot demonstration base. Indoor lighting in the fields of industry, tourism, functional lighting in parks, museums, etc., and public lighting in schools, hospitals, etc. all use LED high-efficiency lighting products.

Undoubtedly, the new round of LED lighting policy will be favorable or will continue to ferment during the "13th Five-Year Plan" period.

In this context, domestic LED companies are not to be outdone, and have been involved in the field of intelligent lighting. Recently, Zhaochi shares and Feile Audio's two domestic listed companies have taken out their actions and entered the smart lighting market.

Zhaochi shares participated in the establishment of joint venture lighting enterprises

Zhaochi Co., Ltd. announced that it intends to jointly establish Shenzhen Zhaochi Lighting Co., Ltd. with the related party Shenzhen Guangzhao Future Management Consulting Partnership (limited partnership) (hereinafter referred to as “Guangzhao Future”) (the specific name is registered by the company) The approval of the authority shall prevail, hereinafter referred to as “Zhaochi Lighting”.

The registered capital of Zhaochi Lighting is RMB 20,000 million, of which the company contributes RMB 80 million, accounting for 40.00% of the registered capital; Guangzhao will invest RMB 12,000 million, accounting for 60.00% of the registered capital.

Zhaochi said that intelligent lighting is a hot spot in the industry in the past two years. In order to further improve the company's layout planning in the lighting industry chain, through this investment, the company will integrate the advantageous resources and platforms in the lighting field to improve the R&D innovation capability. Develop innovative lighting application plans, build independent brands, continuously enhance the brand influence of the company, promote the rapid development of the company's related industry chain and the level of business profitability, bring new profit growth points to the company, and improve the core competitiveness and comprehensive strength of listed companies. Create better value returns for shareholders.

Feile Audio launched 50 billion yuan smart city industry fund

On the evening of February 21, Feile Audio announced that the company and the Guiyang Bank Co., Ltd. signed a "Strategic Cooperation Agreement", and the two sides will carry out comprehensive and in-depth cooperation in the smart city industry in the future. According to the agreement, the two sides reached an intention to jointly lead the smart city industry fund (contract type) with a total scale of not more than 50 billion yuan to support the industrial development of Feile Audio in the smart city field.

Feile Audio said that the signing of the strategic cooperation agreement is in line with the strategic development needs of the company's “transformation from traditional manufacturing enterprises to modern service-oriented manufacturing enterprises that provide smart city overall lighting solutions”.

The purpose of this strategic cooperation agreement with Guiyang Bank is to combine the current macroeconomic situation with the future development direction of the industry, optimize the company's industrial layout in the construction of smart cities, use industrial funds, actively grasp the opportunities of industrial development, and carry out various types of lighting. The construction of urban projects will promote the company's active and steady expansion.

It is worth mentioning that In 2015, Feile Audio announced that it has cooperated with China Construction Bank Shanghai Branch and Huaxin Securities to launch the Shanghai Feile Smart City Industry Fund (Limited Partnership).

In addition, in September 2016, Beijing Shenan Investment Group Co., Ltd., a wholly-owned subsidiary of Feile Audio, intends to jointly establish a joint venture company with Zhuzhou City State-owned Assets Investment Holding Group Co., Ltd. and Yunsai Zhilian Co., Ltd. in Zhuzhou. Promote the construction of smart cities in Zhuzhou.

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