LED industry who is on the list

The Hurun Research Institute released the 2014 Hurun Rich List. Ma Yun and his family fortified the richest man in China for the first time with a wealth of 150 billion yuan. Wang Jianlin retreated to second place, and “big dark horse” Li Hejun’s wealth surged nearly nine times, entering the top three for the first time. Seeing this rich list, Xiao Bian is also searching for the image of the richest people involved in the LED lighting industry. It was pleasantly surprised that there were Sanan Electric Lin Xiucheng, Lin Zhiqiang and his father and son, Midea Group He Xiangjian, He Jianfeng and his son, and BYD Group Wang Chuanfu.

Among them, Sanan Optoelectronics’ Lin Xiucheng and Lin Zhiqiang’s father and son’s wealth grew by 7%, ranking 78th among the nation’s 15 billion wealth, and the richest man in Xiamen. The US group He Xiangjian, He Jianfeng and his son grew by 17% in wealth, ranking 16th in the country with 41 billion wealth. BYD Group Wang Chuanfu grew 48% in wealth, ranking 28th in China with 31 billion wealth.

Every entrepreneur has a different history of hardship, and from entrepreneurs to rich people, there is often a long process. They have different ages and different industries, but they all have long-term vision and perseverance, seize the opportunity given by the times, jumped to the pinnacle of life. Revisiting the process of creating wealth from scratch and comprehending their visionary strategic layout, it still has its significance and inspiration for latecomers.

Sanan Optoelectronics - Lin Xiucheng

58-year-old Lin Xiu-cheng is from Anxi Lakehead, Quanzhou City, Fujian Province. Before 2007, he was the chairman of Fujian Sanan Group. With his son Lin Zhiqiang holding 100% equity of Sanan Group, he now successfully transfers equity to Fujian Sanming Iron and Steel Group, indirectly holds 49.14% of Sanan Optoelectronics, and holds 15 billion yuan. Yuan wealth.

Lin Xiucheng was born in 1951 in Anxi County, Fujian Province, China. He started off by scrapping scrap iron and steel. During the planned economic era, he earned a good deal from the Sanming Iron and Steel Plant. However, in 2002, the domestic cold winter began, Lin Xiucheng has already begun to arrange strategic shifts in advance. In 2000, he aimed at the blank area of ​​the domestic LED industry, began the trip to the ice of Sanan Optoelectronics to stop the localization of LED and epitaxial chips; Afterwards, the company entered the largest Oolong Tea Factory Anxi Tea Factory Co., Ltd. with 54% stake, but withdrew for three years after other reasons.

In 2004, Lin Xiucheng relocated the headquarters of Sanan from Anxi to Xiamen. The business of Sanan Electronics Co., Ltd., a subsidiary of the company, has experienced rapid development, and it has finally established photovoltaics and LED as its main business. In 2007, Lin Xiucheng was formerly known as S*ST Tianyi of Shashi Energy 28 Co., Ltd., and Sanan Group made a backdoor listing. Lin Xiucheng’s industrial kingdom is getting bigger and bigger like a snowball. Currently, Sanan has built China’s largest and world-class optoelectronic industrialization base and has become the largest LED manufacturer in China. The market share in domestic LED chip companies exceeds. 20%, Lin Xiucheng has also become a major domestic LED king.
In the first half of 2014, Sanan Optoelectronics achieved a sales revenue of 2.177 billion yuan, and the net profit of the shareholders of the listed company was 666 million yuan, a year-on-year increase of 43.87%. This has become a true “profit-making king” for LED upstream.

Since Sanan acquired Luminus of the United States last year, it has invested in shares and established a subsidiary with Sunshine Lighting. This year, it partnered with Jufa to cooperate with Seoul Semiconductor, signed a strategic cooperation agreement with Anxin Energy, and announced in April that it would set up a wholly-owned trading company in Hong Kong. The company will relocate 10 billion projects to Xiamen, and then sign cooperation agreements with Guoxing Optoelectronics and Nanrui Chip Microelectronics respectively to increase the investment of 2.7 billion Xiamen subsidiaries.... Sanan Optoelectronics has a series of intensive actions and a full range of ecology. Circle layout, I am afraid that the domestic and foreign competitors are somewhat uneasy.

"The company's goal is to become the top five LED companies in the world." Lin Xiucheng, chairman of Sanan Optoelectronics, once described Sanan Optoelectronics' ambitions in the LED industry. A senior executive of Sanan Optoelectronics once stated that Sanan is now targeting more international LED companies such as Career and Philips.

Although Sanan Optoelectronics internal and its relationship with surrounding Cinda Optoelectronics and Tiandian Optoelectronics have inexplicable “暧昧” relationships, its “subsidy-expansion-refinancing” development model was also facing a crisis, but it is undeniable that The pace of cooperation with An Optoelectronics is gradually opening up. At the time when Golden LED lighting is turned on three years ago and during the throng of hegemony, the arrays are rapidly deployed to lay out their business ecosystem and to control the entire industrial chain.

In the past two years, Sanan Optoelectronics has cooperated with overseas companies and discovered that it has participated in equity transactions, acquired US lumens, and established a subsidiary company with Seoul Semiconductor. In addition to stepping up development in the overseas market, the company’s core patent licensing arrangements are Sanan Optoelectronics. Its greatest intention is to break the patent barrier and become an important participant in the global LED industry division.

In the cooperation in the midstream area, Sanan Optoelectronics has a very open attitude. Carefully, you will find that the strategic cooperation agreement signed between Sanan Optoelectronics and major domestic packaging giants has roughly the same cooperation content, and its cooperation is almost carried out in a replicative manner. . Obviously, Sanan Optoelectronics hopes to take advantage of this to enlarge and strengthen the LED ecosystem and gain economies of scale in the chip business. The layout of Sanan Optoelectronics in the downstream is carried out in a completely different way, directly or indirectly extending the antenna to the LED lighting. What's more, Sanan has also broadened its product range to the smart field. As everyone knows, Sanan Optoelectronics has been playing in the LED field, but recently it has played cross-border.

Looking at the entire layout of Sanan Optoelectronics, perhaps it is not only confined to the improvement of the industrial chain. His cooperation has been extended to the entire LED ecosystem, and it has built a business ecosystem that meets its own development and seeks for longer-term development.

Midea Group - He Xiangjian

Founded in 1968, Midea Group is a large-scale comprehensive modern enterprise group focusing on the home appliance industry and involved in lighting, electrical engineering, logistics, real estate and other fields. It owns three listed companies and four major industrial groups, making it the largest scale in China. One of the white goods production bases and export bases.

He Xiangjian, the founder of the United States, began to interpret the touches of the old generation of Chinese entrepreneurs from the very beginning. In 1968, he and the 23 residents raised only 5,000 yuan to set up a "plastics production group," producing medicinal glass bottles and plastic lids, and later converting the generator gadgets. They just walked their way to find markets in the south and the north. In the process, any boss has cultivated an unusually sensitive market sense. More than ten years later, He Xiangjian started his career in the home appliance industry. The eye-catching fact is that in 1992, he resolutely promoted the reform of the joint-stock system of the United States. He was listed on the Shenzhen Stock Exchange one year later and became the first listed company reorganized from a township enterprise in China.

Although He Xiangjian is the largest in the equity structure, he has been brewing in the brain after his fame retreats to the helm gene manager. In 2009, he announced that he would no longer serve as the chairman of the listed company, Midea, and withdraw from the day-to-day operations of the United States; in October 2011, he also transferred 15.3% of the United States' equity to let Rongrong Investment and CDH invest so that the United States could form multiple parties. Shareholding structure of shareholders holding shares.

Midea Lighting is a wholly-owned subsidiary of Midea Group and was established in December 2009. The products include lighting appliances, home lighting, commercial lighting, office lighting, outdoor lighting, LED, switch sockets, power converters, and low voltage electrical appliances. After two years of preparation and development, Midea Lighting has formed a complete product R&D, manufacturing and sales system, including three major production bases for light sources, lamps and electricians. It covers a total area of ​​1,000 mu and has a building area of ​​more than 200,000 square meters. The company has introduced production equipment with leading international standards such as Japan and Germany. It has annual production of energy-saving lamps, fluorescent lamps of 200 million, lamps and electrical products of more than 50 million sets. Midea Lighting Electric is recognized by consumers and customers through its lean production model, strong brand and high quality products. Its products are exported to over 30 countries and regions including Europe, South America, Australia and Southeast Asia. Established a sales network covering all provinces, municipalities, and autonomous regions in China, with more than 40 provincial and municipal level and key regional marketing centers and more than 2,000 core distributors, providing high quality products and services for domestic consumers and users. .

Midea Lighting Electric Co., Ltd. uses advanced management models, brand advantages, and high-quality talents to create core competitive advantages and quickly capture the market. We have a highly qualified and experienced R&D team with more than 100 people, including 6 senior experts from home and abroad. Mei Lighting's master's degree or above in electrical management personnel accounted for 2%, bachelor degree or above accounted for 85%, college education (including master's, undergraduate) education accounted for 96% of all employees. The company relies on a sound IT platform, including advanced management tools and platforms such as ERP, OSM, CRM, eHr, and CPD, to ensure that the US lighting electrical system capability is in the leading position in the industry.

All the employees of Midea Lighting are adhering to the company's corporate philosophy of “creating a better life for mankind” and the core spirit of “innovation, hard work, fairness and fairness, and happiness”, under the vision of “being a world-class supplier of lighting electrical solutions”. , To provide customers with a full range of lighting electrical products supporting design and solutions, is moving toward the goal of "doing the first brand of China Lighting Electronics".

BYD Group - Wang Chuanfu

BYD's helmer, Wang Chuanfu, was called "Technical Madman." The Shenzhen company he led started from scratch and established a high-end manufacturing company with an output value of about 20 billion yuan in the fields of battery manufacturing, mobile phone accessories, and automobiles in 13 years. By grafting the two main businesses of rechargeable batteries and electric vehicles, BYD claims to become the world’s largest manufacturer of commercial vehicles by 2025.

This seemingly innocent and unsophisticated Anhui native has a bachelor's degree in physical chemistry. In 1995, he borrowed 2.5 million yuan from his cousin who had made real estate. He headed into the cell phone battery industry. From nickel batteries to lithium batteries, BYD calmly overtakes, once the fear of Sony, Sanyo and other industries. When people were amazed by Wang Chuanfu’s aggressive posture in the battery industry, he changed his guns and changed his guns into the heated automobile industry.

The media discovered "China's King Kong." Some people commented that Wang Chuanfu defies existing commercial order and rules of the game. “He trusts that young engineers outperform senior European and American technology experts. He thinks that everything can be created by himself, and that he can make more useful than buying at a high price. He feels that the patent is patented. All are 'paper tigers'."

Indeed, Wang Chuanfu has changed the image of Chinese entrepreneurs. Those who are struggling in the global industrial division of labor, in order to obtain a low-level wage job position and keep depressing their identities, have chosen to lead a “technical” leader to dismantle among crowds who have committed themselves to collaborating and even killing each other. The technical barriers of multinational corporations are their own responsibility. They are eagerly pursuing technological innovations and have organized a localized technology research and development and manufacturing team that can truly compete.

“We never feel scared about core technologies. Others have, I dare to do, others do not, I dare to think. BYD’s problems with every unit, we will say, you cannot solve, not because of incompetence, but because you lack courage. "One of BYD's vice presidents explained their corporate philosophy.

BYD Lighting, BYD LIGHTING, was officially established in 2010. It is another BYD brand following BYD Auto in the new energy field. BYD Lighting is a strategic deployment of the Group in the field of new energy, focusing on the development and production of LED lighting products.

BYD Lighting completed the LED industrial chain layout in 2010 to achieve vertical integration of epitaxial chips, packages and application products, and quickly respond to market demands. BYD Lighting has a professional and high-quality sales team to provide lighting program consulting, lighting project management, lighting financial management and professional lighting service. At the same time, relying on the advantages of the Group, according to market demand, vigorously promote the "BYD one-stop" EMC business, and fully support large-scale energy-saving transformation projects.

Most of the development of China's LED industry is focused on packaging and downstream applications. There are not many companies that have mastered LED core chip technology. BYD has a powerful epitaxial wafer R&D team and has mastered the core technologies of LED epitaxial processes, as well as supporting packaging, circuits, optics, heat dissipation, and mechanical component technologies. The industry not only involves epitaxial growth, chip packaging, but also enters applications for lighting products. The completeness of the industrial chain provides a solid foundation for BYD Lighting's sustainable development and technological innovation. This is the advantage of BYD LED products that other companies are hardly able to follow. Follow-up will be reflected in cost control and technical strength. Consumers can use lower prices. The use of cost-effective LED lighting products.