Improve core competitiveness Tailong Lighting 6 million to establish a joint venture company

On August 6, Tailong (Fujian) Commercial Lighting Co., Ltd. (hereinafter referred to as "Tailong Lighting") announced that Tailong Lighting and Liu Yongliang and Yue Hu signed the "Tailong (Guangdong) Lighting Engineering Co., Ltd. ", intends to jointly invest in the establishment of a joint venture company Tailong (Guangdong) Lighting Engineering Co., Ltd.

According to the announcement, the registered capital of the joint venture company is RMB 10 million. The company contributed RMB 6 million in currency form, accounting for 60% of the registered capital; Liu Yongliang contributed RMB 3 million in currency form, accounting for 30% of the registered capital; Yue Hu contributed RMB 1 million in currency form, accounting for registered capital. 10%.

It is reported that the joint venture company Tailong (Guangdong) Lighting Engineering Co., Ltd. is mainly engaged in the development, production and sales of LED lamps, LED displays, light poles, lamps, green energy-saving lighting products and electrical appliances, and undertakes and installs indoor lighting and commercial integration. Body lighting, landscape lighting, urban road lighting lighting engineering and building intelligent engineering.

Tailong Lighting's main business is to provide integrated lighting solutions integrating lighting design, development and manufacturing, and system integrated services. The main products include lighting fixtures, LED display screens and photoelectric signs.

It is worth mentioning that on May 4, 2017, Tailong Lighting successfully listed on the Growth Enterprise Market of Shenzhen Stock Exchange, stock code: 300650. At the same time, Tailong Lighting also became the first share of A-share LED commercial lighting and engineering.

As we all know, with the gradual stabilization of the LED general lighting market and the increasing efficiency of LED products, coupled with the significant improvement in color tolerance (SDCM) control and color rendering, LED manufacturers are optimistic about the market demand of high-end commercial lighting manufacturers.

At the same time, many LED lighting manufacturers realized that in addition to the market factors of product prices, they also noticed that although the demand for high-end products is no more than alternative light sources, the order size is small, but the product profit is stable compared with the general alternative light source. Maintained.

As the first share of A-share LED commercial lighting and engineering, Tailong Lighting is constantly laying out in the commercial lighting market to enhance its core competitiveness and brand awareness. According to the announcement, Tailong Lighting has set up a joint venture company, Tailong (Guangdong) Lighting Engineering Co., Ltd., based on its overall strategic planning and the needs of its own business development, to enhance the core competitiveness and brand awareness of Tailong Lighting.

In fact, in order to improve its core competitiveness and brand awareness, Tailong Lighting has jointly invested with Wang Xudong and Zhu Chunli to establish a joint venture company, Shiyuan (Xiamen) Lighting Technology Co., Ltd. (hereinafter referred to as “Shiyuan Lighting”). ). The registered capital of the joint venture company is RMB 5 million. Among them, Tailong Lighting contributed RMB 2.55 million in currency form, accounting for 51% of the registered capital.

The main business direction of Shiyuan Lighting is to locate the education lighting market and provide customers with one-stop lighting system overall solution for designing, manufacturing and distribution services.

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, Tailong Lighting is also actively expanding other segments to promote the concept of commercial lighting solutions in more business areas.

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