Tailong Lighting announced on the evening of June 2 that the company intends to jointly establish a joint venture company, Shiyuan (Xiamen) Lighting Technology Co., Ltd. (hereinafter referred to as “Shiyuan Lightingâ€) with Wang Xudong and Zhu Chunli. The registered capital of the joint venture company is RMB 5 million. The company contributed RMB 2.55 million in monetary terms, accounting for 51% of the registered capital.
Tailong Lighting said that the company's investment in establishing a joint venture company, Shiyuan Lighting, is mainly based on the overall strategic planning of Tailong Lighting and the needs of its own business development, to enhance the core competitiveness and brand awareness of Tailong Lighting.
The main business scope of Shiyuan Lighting established by this investment includes the research and development, design, production and sales of LED photoelectric lighting products; technology development and technical consultation in the field of lighting technology; design, installation and construction of lighting complete projects. Contract energy management, information system services, software development.
Tailong Lighting itself is mainly engaged in high-efficiency energy-saving lighting sources, lamps and supporting electrical appliances, LED display, CNC three-sided billboards, LED light sources, lamps and supporting electrical appliances, automatic control systems and software development and manufacturing.
In May of this year, Tailong Lighting successfully listed on the GEM of the Shenzhen Stock Exchange and became the first share of A-share LED commercial lighting and engineering.
It is undeniable that the "fragmentation" of the general lighting market has prompted commercial lighting with huge profit margins to become the next sea area that lighting companies are chasing. In the past two years, with the influx of large numbers of enterprises, the development of domestic commercial photos seems to be inevitable. The old routine of entering a vicious price war.
With the continuous improvement of LED light efficiency and light quality, people's demand for lighting has risen to another level, such as the creation of a more comfortable light environment, the individualized demand for different light color effects for different illumination products, and even the combination of wisdom. Humanized functions such as dimming and color adjustment realized by the system.
Naturally, commercial lighting is becoming more and more specialized with the diversification of user needs. Major lighting companies are looking for their own positioning and breakthrough points from the different light quality segmentation needs, and specifically develop products and solutions that adapt to the market and form features. Core competitiveness, create your own market space in business photos.
Nowadays, it has entered the era of lighting Internet of Things. In the future, the competitive landscape of commercial lighting will be divided into two extremes: scale and specialization. With a prominent channel advantage, NVC, Sanxiong and other commercial giants will continue to diversify their layout, from retail terminals to professional lighting solutions, to penetrate the domestic commercial market in all directions.
In addition, there are still some enterprises that circumvent the scale dispute and take a different approach, specializing in high-end commercial lighting fields with high gross profit and high technology, such as clubs, high-end villas, large commercial complexes, high-end hotels and other lighting applications.
Tailong Lighting locates the commercial lighting market and provides customers with a one-stop lighting system overall solution for designing, manufacturing and distribution services.
At present, the top five customers of Tailong Lighting are mainly Adidas (DE.ADSGn), Chi Zhi Fashion (one of the largest fashion groups in Europe), Lilang (HK.01234), Xtep (HK.01368), Anta (HK.02020), La Chapelle (HK.06116).
According to statistics, since 2010, it has provided a total commercial lighting solution for more than 100 well-known brands and more than 60,000 retail terminals nationwide.
This year, Tailong Lighting issued funds for the construction of commercial lighting industry bases and the design and development of R&D centers. The total investment of the proposed funds is 340,600,600 yuan.
After the project is put into production, the production capacity of the company's commercial lighting products has been greatly improved. Among them, the production capacity of lighting equipment has increased by 1.2 million sets/year, the production capacity of LED display screens has increased by 5,000 square meters per year, and the capacity of photoelectric identification has increased by 6,000. The set/year will greatly alleviate the company's current capacity load.
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