In 2017, time passed quickly, and 2018 quietly arrived. The LED industry experienced a mix of developments throughout the year—some companies went public, expanded their operations, raised prices, and increased capital, while others faced bankruptcy or closure. Despite these challenges, 2017 marked a positive turning point for China’s LED industry, as it began to embrace international expansion and global recognition.
Midway through the year, the LED product pricing corrected, leading to improved performance for many listed LED companies. This period also saw an increasing number of Chinese LED firms pursuing overseas acquisitions, which caught the attention of investors and further fueled interest in the sector.
As 2017 progressed, the pace of IPO reviews accelerated, creating a golden era for A-share listed companies. Many LED businesses took advantage of this opportunity, launching a wave of listings that had never been seen before in the LED lighting industry. Companies like Sanxiong Aurora, Debang Lighting, Guangqi Shares, Overclocking III, Tailong Lighting, and Huati Technology all joined the trend, marking a significant shift in the market.
**March**
**Sanxiong Aurora**
On March 17, Sanxiong Aurora officially listed on the GEM (Growth Enterprise Market), raising a total of 1.351 billion yuan through its IPO. The company specializes in LED lighting products, traditional lighting solutions, and lighting control systems. Its sales are primarily focused on the domestic market, with a distribution-based model. While it has a strong presence in first- and second-tier cities, it is still building its network in third- and fourth-tier cities, as well as in international markets and e-commerce channels.
**Debang Lighting**
On March 30, Debang Lighting successfully listed on the Shanghai Stock Exchange's main board. With 60 million shares issued at 18.63 yuan per share, the company became a key player in green lighting. Established in 1996, Debang has grown into one of China's leading suppliers of eco-friendly lighting products, with production bases in Zhejiang and Jiangxi, and R&D centers in Hengdian and Hangzhou.
**April**
**Guanghao Shares**
On April 6, Xiamen Guangsheng Electronics Co., Ltd. (now known as Guangyi Shares) made its debut on the Shenzhen Stock Exchange's GEM. The company primarily produces panel lights, ceiling lamps, and light panels, working mainly through ODM/OEM partnerships with international brands. It also engages in LED packaging, supplying components used in displays for companies like TPV, Foxconn, and LG.
**May**
**Tailong Lighting**
On May 4, Tailong Lighting listed on the GEM, becoming the first A-share company specializing in commercial and engineering LED lighting. The company focuses on energy-efficient lighting, LED displays, and automatic control systems, serving diverse applications from streetlights to smart buildings.
**Overclocking III**
Also listed on May 4, Overclocking III has been a leader in LED heat dissipation technology since 2011, providing cooling solutions for both consumer and industrial electronics.
**Shanghai Mingzhi Electric**
On May 9, Shanghai Mingzhi Electric listed on the Shanghai Stock Exchange, offering LED control systems and power supply solutions. Its products are widely used in outdoor lighting, automotive, medical, and industrial applications across the globe.
**Huaron Technology**
On May 24, Huarong Technology listed on the Shanghai Stock Exchange, focusing on explosion-proof electrical equipment, solar photovoltaics, and LED optoelectronics.
**June**
**Huati Technology**
On June 21, Huati Technology, a leader in urban lighting, listed on the Shanghai Stock Exchange. Known for its road lighting solutions, the company has developed patented lamp heads and camera poles, making it a major player in the infrastructure lighting sector.
**October**
**Jucan Optoelectronics**
On October 16, Jucan Optoelectronics listed on the GEM, focusing on LED epitaxial chips and green lighting technologies. The company aims to lead the transition from traditional lighting to sustainable, energy-efficient solutions.
**Huayang Group**
On October 13, Huayang Group listed on the SME Board of the Shenzhen Stock Exchange. As a diversified enterprise, it operates in automotive electronics, precision components, die-casting, and LED lighting, with strong manufacturing and automation capabilities.
**November**
**Chenfeng Technology**
On November 27, Zhejiang Chenfeng Technology listed on the Shanghai Stock Exchange, specializing in LED bulbs, lamp holders, and lighting accessories. Its products serve both traditional and modern lighting applications.
**December**
**Igor Electric**
On December 29, Igor Electric listed on the Shenzhen Stock Exchange with the code 002922. Founded in 1999, the company is a leader in LED driver power supplies and has been recognized as one of the top manufacturers in the LED industry.
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