Mainland thunis group cooperation with TCL announced it would build scale industry merger and acquisition funds of 10 billion yuan. Both sides will jointly said at the news conference, make full use of each other influence in the industry, as well as investment experience and the advantages of both at home and abroad, to develop industrial investment platform, to promote transformation and upgrading of Chinese overall semiconductor and consumer electronics industry.
OFweek reported that the fund will be put focus on the purple and the upstream and downstream of TCL group's industry and related industries, and contains the TMT, industrial 4.0 (4.0) Indusrty, made in China 2025 and the Internet + related direct investment and merger and acquisition in the field of expansion strategy, to integrate resources, strengthening the upstream and downstream industry chain layout.
By TCL in personal consumer electronics penetration, brand, sales channels, product technology, as well as the purple light in semiconductor and wafer technology advantage, is expected to better complement each other. TCL chairman li dongsheng further pointed out that in early 2015, TCL will group originally involved in industry and business structure adjustment for 7 business section, three services section, a venture capital group and investment business groups, and industry merger and acquisition fund is set together with the purple forbidden, is in the vc part of the practice.
The past enterprises in the investment and venture usually has two forms, one is to set up the venture capital fund for the rest of the investors to participate in, and the other is directly on the direct investment industry upstream and downstream related industries, while the size of the TCL established with purple light is greater than ever before, but the form of investment also shoulds not be too complicated, so need a purple light rich investment experience, and the actual operation in the direction of the fund.
Mr Li pointed out that after the establishment of industry fund will think globally, implement the merger and acquisition investment, at this stage will give priority to with their own industry chain vertical integration, pooling resources, different from general smaller venture capital, in addition to invest capital, also is committed to the strength of the two groups integration of the acquired company objects, object integration into become a part of the whole industry ecology.
Expected in 2016 will still be relatively difficult year, many mainland enterprises are mentioned on announced at the beginning of this strategy will strengthen their own strength, and a breakthrough in the capital market. Hand in hand with purple light selecting and TCL industry fund, also trigger speculation is encountering a headwind on business.
Li dongsheng, various agencies issued 2016 business confidence index is one of the lowest, but in fact the mainland industry have common views: challenges do exist, the environment also can't shake, but the enterprise itself can be adjusted, in the knockout round in 2016, the key is how to adjust yourself in the process; Poor environment is a common reality, and merger and acquisition by industry fund, will be able to find more opportunities.
Wei-guo zhao also said the merger and acquisition for the development of the enterprise itself does not necessarily have a direct relationship, industry merger and acquisition risk is very high, actually about 7 will fail, the key is must think thoroughly, choose good, with excellent products and the subject matter of a patent.
For the cooperation with TCL, wei-guo zhao pointed out that industry merger and acquisition is a trend of industry in recent years continued to establish ecological, by capital, business cooperation, achieve the combination, and gradually form a circle, if the future can't successfully into the circle, I'm afraid to long-term development.
