According to reports, under the impetus of policy support, upstream technology breakthroughs, price declines, and strong market demand, the LED industry has taken off, and the next decade will be the gold development period. At present, a number of listed company executives and several fund managers agree that the new round of industry mergers and acquisitions integration tide is different from the capacity expansion in previous years. This round of mergers and acquisitions is relatively rational, the leading forces are leading enterprises in the industry, and differentiated competition. The situation is obvious, the industry will enter the post-competition era. According to statistics from CSAResearch, from January to June 2014, China's LED lighting companies completed 11 M&A transactions with a total transaction amount of about 3.5 billion yuan, and the average fund size per case was about 300 million yuan.
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