【frontp [text / Engineering LED Zhao Hui] tide of mergers and acquisitions in the LED, with mergers and acquisitions as an important means for enterprises to quickly enter the LED market, expanding the scale of production and marketing. backpfrontp trade-based industry Furi Electronics (600203.SH) is undoubtedly the master herein. With the two acquisitions of around Mai Rui photoelectric and source Lei Technology,stadium-lights Furi Electronics LED business in the last year more than two-fold in the first half of this year has increased by more than 6 percent. backpfrontp August 23 evening, Furi Electronics disclosed the 2015 semi-annual report. Earnings data show that revenues Furi Electronics in the first half reached 3.095 billion yuan, an increase of 140.12 percent; led-stadium-light attributable to shareholders of listed companies net profit of 23.624 million yuan, representing an increase of 302.77 percent over the same period last year. backpfrontp which, LED photoelectric and green energy and environmental protection industry revenue of 381 million yuan, an increase of 67.43%, gross margin was 19.06%. backpfrontp Furi Electronics said the first half of 2015, high-power-led-flood-light the company actively promote the internal integration of the assets and business integration, and promote LED packaging companies, asset integration applications enterprises to further establish a set of optimization package, large screens and lighting products and projects, 1000W-led-flood-light such as one of the LED optoelectronic industry chain; backpfrontp According to reports, a subsidiary of the steady expansion of existing Mai Rui photoelectric display business, further improve the small distance between product development and marketing efforts, expand product market share at home and abroad,RGB-led-flood-light Mai Rui photoelectric Huizhou LED Photoelectric Industrial Park was initially put into use in June. backpfrontp another acquisition from the subsidiary source Lei Technology is implementing LED lighting and backlighting packages expansion project to enhance the production scale. backpfrontp original Furi lighting subsidiary is being strengthened and integrated marketing platform established marketing system, for different applications market segmentation, led-stadium-light and vigorously expand marketing channels inside and outside the province. backpfrontp earnings data show that from January to June 2015, Mai Rui photoelectric operating income 222 million yuan, net profit of 18.8102 million yuan; source Lei Technology operating income was 144 million yuan, net profit of 11.3052 million yuan.stadium-lighting backpfrontp and Furi Electronics subsidiary Furi original LED lighting, Furi optoelectronics, lighting on both sides, respectively, loss of 4.4515 million yuan, 9.2217 million yuan and 3.4316 million yuan. backpfrontp merger effect is obvious.tennis-court-light backpfrontp 2013 July Furi Electronics acquired Mai Rui photoelectric display enterprises, in October 2014, on 120 million yuan to obtain 51% stake in packaging enterprises source technology Lei. backpfrontp the first half of this year,led-tennis-light Furi Electronics and communications companies in the acquisition of Connaught Communications, this makes communications and intelligence appliance business revenue Furi Electronics jumped from last year's 60 million to the current 840 million yuan. backpfrontp Furi Electronics accounted for 60% of trade revenue margin of only 0.86% medium-term business, communications and intelligence appliance business to 10% margin is not,stadium-floodlights we can see the original Furi Electronics business profitability dilemma. backpfrontp to Furi Electronics, whether it is the acquisition of Mai Rui photoelectric source Lei Technology, or mergers and acquisitions in Connaught communications,stadium-lighting are based urgently looking upset new profit growth point.