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Rui Feng photoelectric bullish car LED lighting market, increase the investment in the Centrino car industry

Aug 24, 2017

LED car lighting in the field of unlimited prospects, more and more led enterprises have also been eyeing this big cake. Recently, there are a led enterprises with self-financing to an LED car companies to increase capital!

Shenzhen Ruifeng Optoelectronics Co., Ltd. (hereinafter referred to as "the company" or "Rui Feng Photoelectric") based on the company's future development strategy, promising automotive LED lighting market prospects, in order to effectively promote the company in the automotive LED lighting industry chain layout, the company intends to self-financing capital contribution of 100 million yuan to the Centrino car industry Jiangsu Co., Ltd. (hereinafter referred to as "Centrino car industry") to increase capital, the completion of the capital will hold the Centrino car industry 16.66% of the equity.


The 13th meeting of the Board of Directors of the company was held on August 11, 2017 at 9 o'clock in the morning to consider the adoption of the motion on foreign investment in the Centrino che industry Jiangsu Co., Ltd., the board agreed to the company's investment matters.

"Daily economic news" reporter noted that the centrino car industry's major shareholder is a "00 after", listed companies in this investment in the Centrino car industry, so that the 16-year-old shareholders of the Centrino car industry into the ranks of billionaires.

According to data, the Centrino car industry was established in May 2013, is now registered capital of 105 million yuan, the company is mainly engaged in automotive LED lamps, automotive electronics, automotive accessories, automotive lighting systems and other products research and development and production.

According to the Centrino Che industry official website, the company occupies 33,000 square meters, building area of 18,000 square meters, with 60余万辆 all kinds of vehicle lighting annual matching capacity. 2016 investment of 100 million yuan for phase two factory construction, the end of the production, at least will increase the annual matching capacity of the lamp 600,000 sets. Company's customers include Shanghai GM, Dongfeng Passenger car, Volvo (silver), Dongfeng Nissan and so on.

For this investment, Rui-Feng Photoelectric said is based on the company's future development strategy, bullish car LED lighting market prospects for the effective promotion of the company in the automotive LED lighting industry chain layout.

The existing shareholders of the Centrino vehicle industry and their actual controllers committed to the 2017-2019 annual net profit (based on net profit after deducting non-recurring gains and losses) of $52.67 million and a net profit of $35 million per one years.

With the increase of the domestic rate, the innovative application of LED lighting, the development of the LED rear-mounted market and the rapid development of the domestic car lighting enterprise technology, the industry scale grows rapidly and the opportunities of domestic enterprises become larger and bigger.

Combined with the company in the field of LED technology advantages and market accumulation, the company is increasing the field of automotive lighting investment, Centrino car for the domestic leading automotive lighting enterprises, the strategic cooperation will help the company quickly accumulate technology and customer advantages, in order to jointly seek the development of new opportunities for automotive lighting industry to lay a solid foundation to speed up the company in the field of LED applications overall layout.