Following the end of last month, NVC Lighting Board successively recovered NVC Chongqing headquarters and Wanzhou production base. NVC Lighting and Dehao Runda Chairman Wang Donglei announced today that they will integrate LED-related channels and industrial chains between DHL and NVC. Take advantage of the deep cooperation synergy. Wang Donglei revealed that with the past of NVC, the two listed companies involved in NVC Lighting and Dehao Runda will resume trading in recent days.
Wang Donglei said that Dehao's acquisition of NVC is aimed at complementing the advantages of upstream and downstream integration. Dehao has LED advanced technology, which will promote the rapid transformation of NVC to LED. Dehao will also use NVC's channel to become bigger and stronger.
Wang Donglei revealed that in 2013, Dehao’s chips sold to NVC only accounted for 6% of purchases. In the future, at least 90% of NVC’s chips will come from DHL; next year, NVC’s LED products will increase sales. Up to 40%.
According to NVC Lighting's 2013 annual report, the company's revenue in LED lighting products reached 741 million yuan, accounting for 19.6% of total revenue. The company's LED business growth in 2013 reached 197.4%. The gross profit of the company's LED products is 16.4%.
Affected by the storm, in the peak season of lighting products sales from August to October, the NVC lighting factory was shut down in large areas, and the loss could not be estimated. As the major shareholder of NVC Lighting, Dehao Runda also has a large impact on sales of lighting products. “Budget lighting products are sales of 800 million yuan. Dehao can’t achieve this year. It’s now 4 or 5 billion. These three months are the peak season, and the gross profit margin is relatively high.†Wang Donglei said that with the full takeover of NVC by the board of directors, the integration and complementarity of the two companies will appear in the next year. The impact of the NVC storm will be restored this year and will focus on next year's planning. For the company, it is "short-term negative, long-term positive."
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