In 2021, the IPO road of LED enterprises, it can be said that some people are happy and some people worry about, some half way, but also some perseverance. For the specific situation, see LEDinside inventory.

Eight listed, eight terminated and four suspended

According to LEDinside's incomplete statistics, about 52 led-related companies will embark on the IPO process in 2021. Among them, 8 companies successfully listed.

In stark contrast to those that have gone public are those that have "terminated" their IPOS in 2021.

Among them, AFTER submitting the prospectus, MINbao Optoelectronics has undergone five rounds of inquiries from Shenzhen Stock Exchange, which is very rare among the companies planning to IPO. Yilai smart is the supplier of Xiaomi's customized smart lighting products. It has two brand products under Mijia brand and its own brand, including Yeelight and Yeelight Pro whole house smart lighting system.

And Suijing optoelectronics, Dart culture, Chenhui Guangbao three LED related enterprises are neeQ enterprises. Among them, Suijing optoelectronics announced on November 26, 2021, based on listing strategy adjustment and other factors, after in-depth communication with sponsors, decided to withdraw the listing application documents and terminate the listing application; Darter culture, Chenhui Guangbao is in the counseling phase of the initiative to terminate the IPO plan. The two companies began receiving guidance from securities firms in July 2019 and August 2019, respectively, before ending the guidance in June 2021 and March 2021, respectively.

On the other hand, as of December 21, 2021, there are still 4 LED-related enterprises whose IPO status is "suspended".

Among them, starlight treasure has three sprint Hong Kong GEM. It is reported that Starlight Treasure submitted its prospectus to the Hong Kong Stock Exchange again on October 16, 2020, intending to be listed in Hong Kong GEM, after two times of invalid submission on March 19, 2019 and January 16, 2020. However, the prospectus of starlight treasure is now invalid again. LEDinside will continue to pay attention to whether starlight treasure will update the information again and when it will update the materials.

32 LED-related companies lined up for IPO

In addition to the above 20 companies, according to LEDinside incomplete statistics, there are 32 led-related companies in the IPO queue.

Among them, on December 16, 2021, the Shenzhen Stock Exchange disclosed that the China Securities Regulatory Commission approved the initial public offering of shares of Yi Dong Electronics registration, yi Dong Electronics IPO road is only one foot away. In addition, six companies have submitted for registration and another five are being mentored.

Four areas become IPO hot

Observing the business related to LED industry in the above enterprise business system, we can find that there are four hot business areas.

One is Mini/Micro LED.

Fucai Holdings was jointly established by Jingyuan Optoelectronics and Londa Electronics through stock exchange. The company focuses on the rapid take-off of Mini/Micro LED display technology and the booming development of the new generation of compound semiconductors;

Xinyichang mainly provides LED solid crystal machine in LED field. With the rise of Mini/Micro LED, Xinyichang actively develops Mini/Micro LED equipment to meet the new market demands. At present, xinyichang has a wide customer coverage in MiniLED solid crystal machine market.

As a well-known LED packaging enterprise in China, MiniLED Optoelectronics has made a comprehensive layout in the field of MiniLED components. Among them, MiniLED backlight components have achieved mass production, and successfully entered the high-end product series of global head customers, and the sales scale is gradually expanding.

The project will be launched on July 23, 2020. The project plans to build an annual output of 150,000 third-generation silicon carbide semiconductor substrates and an annual output of 2 million large-size sapphire substrates for Mini/Micro LED display technology. In addition, according to its original prospectus, Bluant originally intended to raise rmb50,5248,400, of which RMB176,165,900 was planned to be used for the annual production of 3 million Mini/Micro LED chips dedicated to the graphic sapphire substrate project.

Second, plant lighting.

Songsheng shares focus on medium and high power LED drive power supply field, is the first domestic LED plant lighting power supply. From January to September of 2021, Songsheng Shares achieved operating revenue of RMB 430.322,400 yuan, up 89.63% year-on-year, mainly due to the continuous strong downstream demand of LED lighting industry and the continued vigorous development of LED plant lighting, so the company's business orders increased rapidly.

Agrify's main business is providing vertical agricultural system solutions for a variety of high value added cash crops, particularly medical cannabis plants. In May 2020, Inffit invested $4 million in Agrify.

Nix focuses on the development, manufacturing and sales of photobiological application equipment and intelligent control system, the main products include HID drive power supply, HID light filling lamps, LED light filling lamps and intelligent control products. Among them, LED lighting business in the past two years fast volume.

Third, landscape lighting.

The main business of Roman, Galaxy, Golden Orient, Golden Lighting, Longteng Lighting and Loredis is all landscape lighting and lighting engineering. It can be predicted that with the development of culture and tourism industry and night economy, and the landscape lighting industry has gradually entered a rational development stage, the landscape lighting market will gain a greater market space.

Fourth, intelligent lighting.

Doodle Intelligence is the first unit of the global loT cloud platform. At present, it has reached cooperation with many well-known lighting enterprises at home and abroad to vigorously promote the development of intelligent lighting.

In the past, Ridasen mainly used ODM mode to provide LED lighting products for overseas customers. In recent years, the company complies with the development trend of the industry and technology, and takes lighting as the entry point of Internet of Things business, and vigorously develops business in the field of Internet of Things.

At present, Yilai intelligent has been connected to multiple intelligent platforms such as Mijia and Apple HomeKit, and is continuously expanding and improving the layout of intelligent lighting industry.

LED related enterprises IPO enthusiasm is rising

From substrate to packaging to terminal, from gas to power to equipment, LED industry IPO on the road of enterprise main business is more and more comprehensive.

According to the incomplete statistics of LEDinside, there are about 25 LED related enterprises to challenge IPO in 2020, among which 7 successfully listed enterprises are bull group, Ming microelectronics, xinruoda, time and space technology, eck, romantic and haoyang. It can be seen that the total number of IPO and listing of LED-related enterprises in 2021 has surpassed that in 2020.

In addition, there are many companies in the industry are listed in the future planning. Among them, Aite Optoelectronics and Huadian Solar energy, both of which are subordinated to Aideson and Huaxing, plan to go public independently in the medium and long term, while Yilai intelligence, which is currently in the state of "termination", has been stated as early as July 20, 2021 that the company will continue to apply for listing in China in the future.

It is conceivable that IPOS will remain a major theme in the future of the LED industry. Now that the gains and losses of 2021 have been decided, let's work together for the wonderful 2022!