The LED industry entered the era of “the left is kingâ€. After the big waves in recent years, the LED packaging camp began to differentiate significantly. Vendors or transformations are gradually fading out of the market, or doing differentiated competition. The company has large-scale cost advantages (large-scale expansion + large-scale digestion capacity), aggressive market strategy, and innovations in production equipment and process technology. Currently, it is the absolute leader in LED packaging, with an annual production capacity of 350 billion SMD/Lamp. The expansion of post-production reached 490 billion. Fully ahead of the competition.
The main business has a high growth rate and a high financial management model, which fully reflects the company's execution. In 15 years, the company took the initiative to launch a price war, pulling across rivals, resulting in less profit than expected. In 16 years, the market price has picked up. It is estimated that the net profit for the whole year will be 500 million yuan, a year-on-year increase of 100%. In 2017 and 2018, it maintained a high growth rate of over 30%. At the same time, the company actively deployed downstream lighting applications, expanded mid- to high-end brands and channels, and increased valuation space. The company had previously had fewer equity financings (IPO financing of 900 million, this time increased by 2.3 billion), and the expansion was mainly through debt financing. The company made full use of upstream and downstream receivables/payables for capital turnover, and did not significantly increase financial costs and financial structure. Considering this fixed dilution, the chairman still holds 67% of the shares, and the follow-up financing is expected to be large.
Expectations for the acquisition of Osram's general lighting business. Osram has the largest market share of lighting distribution channels in Europe and North America ranks second, making it the second largest lighting manufacturer in the world. The industrial chain is perfect, with strong technical strength in the upstream, monopolizing the high-end product market, and high brand recognition. The spin-off business includes traditional light bulbs, ballasts and LED luminaires and systems divisions, which account for approximately 40% of Osram's annual revenue. The overseas expansion of the company's lighting applications is in urgent need of Osram's brand and channels. In terms of production scale and capital scale, the company has pressed other participating parties such as Dehao Runda.
Increased. It is planned to raise 2.32 billion yuan in non-public offering at a price of not less than 28.12 yuan per share. It is used for the expansion of Zhongshan Shuanglan SMD LED package, the first phase investment of Jiangxi Ji'an SMD LED and the first phase investment of Jiangxi Xinyu LED lighting application. The company's current annual production capacity is about 350 billion SMD/Lamp. After the expansion, only SMD capacity will be doubled. This is enough to show that the company is full of confidence in the future situation.
DC (AGM Deep Cycle) series is specially designed for frequent cyclic discharge.
By using strong grids and specially designed active material, the DC series Battery offers 30% more cyclic life than the standby series.
1. Long shelf life
It can be stored for a long time period and no need to recharge during storage. Battery left-over capacity can be as high as 70% after being stored for 1 year and can be restored to 85% of its full capacity when fully recharged.
2. Over-discharge performance under low voltage
This battery can be restored to 80% of its full capacity while others only being rendered to failure because of the sulfuration of the sulfur-acid and its consequent maintenance, after subject to a long period of repeated over-discharging due to frequently engine igniting, lighting and insufficient charge for the battery caused by short-distance driving and low speed.
3. Over-discharge performance under high voltage
Being charged at 16V(not recommended, though, this battery can be as high as 95% of its full capacity, no drying up in the electrolyte due to little gas releasing and all released gas being absorbed by the plates, while this kind of sealed lead-acid battery usually being charged by an external 14.8V charger which is designed with different emphasis between amperage and voltage(because the charge voltage for flooding lead-acid battery is usually at 16V, so the prevalent charge voltage is 16V, it will be soon rendered useless caused by drying out of the electrolyte if the ordinary battery being charged by a 16V external charger.
4. Quick charge acceptance
This battery can quickly absorb the momentary charging energy generated by vehicle _borne generator and braking, the testing date shows that it can absorb 70% of the energy released while others only 40%, after being charged under this kind of condition for 1 hour.
5. High multiple rates starting performance
Small in internal resistance and self-discharge, normal temperature starting discharge multiple rates can be as high as 8C20 while other ordinary battery can only reach 6C20, so this battery can be used to substitute high power battery.
6. Super long life span
This battery's life span is twice as long as ordinary battery's due to its slow capacity attenuate rate under repeated deep discharge cycles.
7. Super long life span Battery's consistency
The consistency and balanced discharge performance rendered special match for battery working group unnecessary and only need to replace the damaged one in case there is any, thus speeding the responsiveness of post-sale service.
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Starlight Power Industrial Company Limited , https://www.starlite-power.com