Forest Lighting Acquires Super Trend Lighting LED Filament Bulb Assets

Forest Lighting (formerly branded as MLS) announced recently it had acquired 80% shares from Hong Kong lighting vendor Super Trend Lighting Chairman Jiangguo Yen (嚴建國), which is expected to bolster the Chinese player’s  LED filament bulb market share.

Super Trend Lighting’s main finance source is from affiliated LED Original Designer Manufacturer (ODM)business Sunny World (Shaoxing) Green Lighting. According to an HKTDC report, Super Trend Lighting was founded in 1987, and started off in the luminaire industry as a CFL and halogen bulb manufacturer before it entered the LED industry in 2007. In 2009, the company began to invest in LED filament bulb market sector, and has more than 200 filament bulb models under its Luktek brand. The company is one of the leading LED filament bulb brands in China.

After acquiring Osram’s joint venture in China Sunny World (Shaoxing) Green Lighting (Shaoxing) in 2013, Super Trend went on to scale up LED bulb manufacturing capacity. At the time Shaoxing had Osram’s largest LED and CFL manufacturing plant, according to the company website introduction.

According to  Super Trend’s financial statement, its total assets reached RMB 628 million (US $96.49 million) as of Dec. 31, 2015, while net assets valued RMB 117 million. The company’s revenue for the entire year of 2015 was RMB 428 million, and reported net loss of RMB 2.08 million.

Despite the company’s net loss, Forest Lighting remained optimistic. The investment fits the company’s development strategy, and by acquiring the group’s LED filament technology and market share in the decorative lighting market sector, it could diversify the company’s LED product lineup. Forest Lighting was also optimistic about the synergy and future partnership developments.

Disclaimers of Warranties
1. The website does not warrant the following:
1.1 The services from the website meets your requirement;
1.2 The accuracy, completeness, or timeliness of the service;
1.3 The accuracy, reliability of conclusions drawn from using the service;
1.4 The accuracy, completeness, or timeliness, or security of any information that you download from the website
2. The services provided by the website is intended for your reference only. The website shall be not be responsible for investment decisions, damages, or other losses resulting from use of the website or the information contained therein<
Proprietary Rights
You may not reproduce, modify, create derivative works from, display, perform, publish, distribute, disseminate, broadcast or circulate to any third party, any materials contained on the services without the express prior written consent of the website or its legal owner.
Display devices have been used for many years as a means of HMI (Human Machine Interface) to connect humans and machines interactively, and their usage are still expanding. Automotive interiors are no exception to this trend, with an increasing ... READ MORE
About LiDAR Automotive industry trends In recent years, many vehicles have been launched with ADAS (Advanced Driver Assistance Systems) as standard equipment. As the future evolves towards more automated driving, sensing around the vehicle i... READ MORE