LED enterprise integration and mergers and acquisitions accelerate the transformation
January 03 22:07:16, 2024
Industrial transformation, financial advancement is one of the paths of industrial transformation and upgrading in Guangdong Province. In recent years, more and more listed companies have accelerated the pace of transformation through capital market financing, mergers and acquisitions. Statistics show that Guangdong A-share listed companies have raised nearly 300 billion yuan through the capital market in the past five years, which is three times the total amount of funds raised in previous years. Most of them are invested in electronic information, LED, biomedicine, equipment manufacturing, new materials, new energy, High-tech industries such as cultural creativity and strategic emerging industries. According to statistics, the proportion of direct financing of SMEs in China is less than 5. The problems of financing, high cost and narrow channels are important factors that restrict their development. Guangdong has held gold fairs in succession in recent years, and has already achieved great results in promoting and promoting the integration of industry and finance. Zhou Jianjun, director of the Guangzhou Financial Office, said: In June this year, the third Guangzhou Gold Fair had a total of 46 investment and docking contracted projects to reach an intentional contract, with a total amount of about 186.8 billion yuan. Signing contracts on other occasions, the credit grant reached 450 billion yuan. The industry-finance docking contract project involves not only industries such as manufacturing, service industries, and strategic emerging industries, but also new urbanization, infrastructure, culture, and agriculture. Many listed companies have explored the integration of financial industries, some have expanded their industrial chains, while others have promoted industrial upgrading. M&A expansion Wind statistics show that in 2013, there were 89 M&A cases among 194 A-share listed companies in Guangdong Province, with a cumulative amount of 102.09 billion yuan, which is the largest province in China. In total, the amount of mergers and acquisitions in the past five years was 292.02 billion yuan, and the number of mergers and acquisitions was 449. The average amount of each merger was about 650 million yuan. The reporter learned from most processing and manufacturing listed companies in Guangdong that due to the slowdown in the growth of the real economy in recent years, most industries have stagnated or regressed. The annual decline in net profit has forced companies to find another way out. The capital market, an advantageous platform, provides a transformation opportunity for the company. In the cultural industry, Guangdong Media actively seeks new profit growth points. Guangdong Media has begun to lay out games, lottery, LED and other industries this year. LED enterprises in Guangdong gathered, and M&A incidents occurred frequently this year. Qinshang Optoelectronics, Hongli Optoelectronics, and Changfang Lighting all carried out mergers and acquisitions; in the electronic information industry, Zhongjing Electronics plans to expand and acquire flexible circuit boards and wearables. Wanshun shares are extremely fast in technology patents in recent years, and this year it plans to raise 469 million yuan to expand. More and more listed companies in Guangdong are seeking potential acquisition targets through the establishment of industrial funds. In general, industrial investment funds set up by listed companies are mainly concentrated in emerging industries such as cultural media, medical care, and the Internet. In addition, environmental protection, new materials, processing industry upgrades, etc. are also hot areas of M&A fund investment.