Layout of high-end LED lighting products application Jingfeng Mingyuan acquisition of 岷创科技

In the first quarter of 2016, Shanghai Jingfeng Mingyuan Semiconductor Co., Ltd. (hereinafter referred to as Jingfeng Mingyuan) completed the acquisition of Chengdu Yuchuang Technology Co., Ltd. (hereinafter referred to as Yuchuang Technology). After the acquisition, all of the products and intellectual property rights of the company will belong to Jingfeng Mingyuan. Through this acquisition, Jingfeng Mingyuan has enriched its product coverage in high-end LED lighting applications, bringing more cost-effective choices to customers.

For the acquisition, Jingfeng Mingyuan CEO Hu Liqiang pointed out the reasons behind it. Health lighting will become the development trend of the future market, because this is the urgent need of the people. Jingfeng Mingyuan has also been actively investing in the research and development of high-performance lighting products. The products of the company are in line with this market trend: high performance, no stroboscopic, and healthier. So we chose to acquire Yuchuang. At the same time, it complements Jingfeng Mingyuan's existing product line, making the product range more comprehensive and providing our customers with more comprehensive products and services.

For the acquired party, Chengdu Chuangchuang Technology, its CEO Chen Xuesong pointed out that the domestic LED driver chip market is very competitive nowadays, the products of major manufacturers tend to be homogenized, especially the focus of each enterprise is on the light source products, resulting in the enterprise The profit is meager, and there will be more drive chip manufacturers in the future seeking mergers or IPOs to operate in the capital market to enhance their competitiveness in the market or to open up new product lines. This acquisition allows the products of both parties to exert the greatest advantage. The products of Yuchuang Technology and Jingfeng Mingyuan are highly complementary. Through mergers and acquisitions, Jingfeng Mingyuan can have drive products covering almost all LED lighting.

The company's high-performance LED semiconductor lighting driver chip has innovative technology in providing high power factor, no stroboscopic, high efficiency, high light output quality and improved EMI characteristics. Its products are mainly for export-oriented high-end LED lighting products, which can meet customers' strict requirements for high power factor without stroboscopic, high luminous efficiency and small size.

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