Ruifeng Optoelectronics: Integration and acceleration of smart home layout is worth looking forward to

Recently, we participated in the research activities of Ruifeng Optoelectronics (300241) and exchanged views with the company's directors on the future development direction and operation of the company.

Car LED import substitution boosts development

Automotive LEDs have a gross margin of 50%, and the layout of automotive electronic LED sources - LED automotive modules - LED automotive lights, future import substitution and automotive electronics will boost development. LED lights have the characteristics of high barriers to entry, strong profitability and stability, and are highly consistent with the company's strategic planning.

M&A layout small size LED backlight market

Acquired Lingtao Optoelectronics to seize the small-size LED backlight market. According to Ruifeng Optoelectronics and Wang Weiquan and Peng Xiaoling, the Agreement on Issuing Shares and Paying Cash to Purchase Assets and the Profit Forecast Compensation Agreement, Lingtao Optoelectronics 2015, 2016, 2017 The audited net profit after deducting non-recurring gains and losses is the performance target, including: the 2015 performance target is not less than 27 million yuan, the 2016 performance target is not less than 30 million yuan, and the total of 2015 to 2017 is three years. Not less than 90 million.

Layout smart home industry chain

Ruifeng Optoelectronics shares 28% equity of Beijing Zhongxun Weiyi Technology Co., Ltd., a smart home enterprise. Ruifeng Optoelectronics officially entered the smart home industry chain, and will cooperate with Zhongxun Weiyi to develop smart lighting products to provide intelligent lighting solutions for downstream lighting customers. The program, and provides a smart home control platform, has now formed products in smart medical and smart lighting.

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