Clean energy in the wind: the acquisition lies in the lighting market

Shunfeng Clean Energy (01165.HK) announced yesterday that it has entered into a memorandum of understanding with Jingneng Optoelectronics to acquire the equity of Jingneng Optoelectronics 51. According to the data, in 2014, Jingneng Optoelectronics produced 100 million LED bulbs. As a continuous, reliable, efficient and energy-saving lighting technology, LED lighting is 50-80 more energy efficient than ordinary lighting. Crystal Energy's high-performance LED lighting products are used in the general lighting, smartphone and automotive industries. The company currently has more than 200 patents, and the global low-carbon energy-saving solutions for Shunfeng Clean Energy will bring huge new profit growth points to the company. Zhang Jian, chairman of Shunfeng Clean Energy, said: The breakthrough technology of Jingneng Optoelectronics represents a new generation of lighting products with high efficiency, low cost and low cost. Developing cost-effective lighting solutions is an important part of solving global energy conservation and emission reduction. In the future, the company will provide a large number of high-quality and cost-effective products for the global lighting market to replace traditional lighting. At the same time, it will open up unlimited prospects for listed companies to enter the huge lighting market. The lighting business will become a large profit source for listed companies. Wu Shenjun, managing director of Jinshajiang Venture Capital and executive chairman of Jingneng Optoelectronics, analyzed that silicon-based LED technology is an ideal choice for next-generation silicon chips, and the future market prospect is broad. Many developed countries have already enacted legislation prohibiting the use of traditional lighting, and the investment market will now pay more and more attention to new lighting technologies and products.

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