The overseas development of Feile Audio has gone further. Feile Audio announced on the evening of May 16 that the company intends to acquire Feilo Malta Limited held by related party Havells HoldinGS Limited for 34.5 million euros through Inesa UK Limited, a wholly-owned subsidiary of Shanghai Feile Investment Co., Ltd., a wholly-owned subsidiary. Referred to as FML) 20% equity; At the same time, the company intends to acquire 100% of the shares of Havells Sylvania (Thailand) Limited (hereinafter referred to as “Thailandâ€) through a wholly-owned subsidiary of its holding subsidiary Feilo Malta Limited for 1.6 million euros. According to the announcement, Feilo Malta Limited, the subject of the transaction, is an 80%-owned company owned by Inesa UK limited, a wholly-owned subsidiary of Shanghai Feile Investment Co., Ltd., a wholly-owned subsidiary of the company. HHL holds 20% of its equity. It is mainly engaged in the design, manufacture and distribution of lighting products (including mold parts, bulbs and lighting products) through its 52 subsidiaries. The Thai company is principally engaged in the design, manufacture and distribution of lighting products in Thailand, including mold parts, light bulbs and lighting products. The Southeast Asian market has also become a piece of music that Feile Audio hopes to complement the global market. On March 31, Feile Audio was officially unveiled at the Fei Le Xi Wannian Southeast Asia Center established in Kuala Lumpur, Malaysia. The announcement said that the acquisition of the remaining 20% ​​stake in FML will help to improve the competitiveness and brand influence of Feile Audio in the global lighting market, further expand the market share of Feile Audio and effectively improve its operating performance. At present, international lighting giants such as Philips are actively occupying the business space left by GE in Southeast Asia by means of substantial price cuts. As an important market in Southeast Asia, Thailand has a stable domestic political situation. At the same time, the company has a stable sales channel network and brand trust in Thailand. Therefore, the acquisition of Thai companies will increase the market share and influence of listed companies in Southeast Asia. Shanghai Feile Audio Co., Ltd. released the "2016 Annual Report", showing that in 2016, the total operating income was 7.178 billion yuan, an increase of 41.53% over the same period of 2015. The net profit attributable to shareholders of listed companies was 351 million yuan, down 6.66% from 2015. On January 15, 2016, after completing the completion of the acquisition of the 80% equity of the Xiwannian Group, since January 2016, Feile Audio has included Xiwannian Group in the scope of the company's 2016 consolidated statements. Xiwannian Group is a holding subsidiary of Shanghai Feile Investment Co., Ltd., a wholly-owned subsidiary of Feile Audio. Shanghai Feile Investment is a unified overseas business management and service platform for Feile Audio. As of December 31, 2016, the total assets of Feile Investment was RMB 3,17.87 million and the net assets were RMB -104.38 million. The total operating income for 2016 was RMB 2,944,250,000 and the operating profit was RMB 57.61 million. The profit is -11,470,000 yuan. The participation of Xiwannian Group has brought the international century brand and sales channels in 48 countries to Feile Audio, which has greatly improved the overseas music market of Feilex audio brand, especially in the case of intensified competition in the domestic market. The overseas sales revenue of Feile Audio has increased significantly. Data show that in 2016, Feile Audio's overseas operating income reached 3.11 billion yuan, up 339.01% year-on-year in 2015; while domestic revenue was 4.003 billion yuan, down 10.19% year-on-year. Xiwannian Group, a holding subsidiary of Shanghai Feile Investment, has three global sales and distributor channels as well as Sylvania, Lumiance and Concord. In 2016, the Xiwannian Group achieved a net profit of 12.32 million euros, which was deducted from non-recurring gains and losses. Shanghai Yaming Lighting is principally engaged in the manufacture and sale of lighting appliances, lamps, and various point light sources. As of December 31, 2016, Yaming's total assets were RMB 1,495.56 million and net assets were RMB 637.2 million. In 2016, total operating income was RMB 1,610,350, a decrease of 32.1% year-on-year. Yaming is currently in the stage of traditional lighting transformation LED lighting, and a large amount of research and development costs occur. At the same time, the conversion rate of research and development results is not high, and the traditional lighting products are greatly affected by LED lighting, resulting in a decline in sales of traditional products of Yaming. In 2014, Feile Audio completed the acquisition of Beijing Shenan Investment Group Co., Ltd., thus completing the extension from the general lighting field to the automotive lighting field and lighting engineering field. However, in recent years, the number of large-scale enterprises in domestic LED lighting engineering enterprises has started to rise sharply, including Liard’s successive acquisitions of several LED lighting engineering companies, and landscape and commercial lighting companies such as Mingjiahui and Fujian Tailong Lighting have successively listed IPOs, which has also intensified. Market competition. As of December 31, 2016, Beijing Shenan Group had total assets of RMB 517.25 million and net assets of RMB 107.47 million. In 2016, its total operating income was RMB 2,872.09 million, down 2.5% year-on-year, and operating profit was 30. 9.38 million yuan, net profit of 248.52 million yuan, down 2.9%. On April 29, Feile Audio released the first quarterly report of 2017. The company realized operating income of 1.145 billion yuan in January-March 2017, down 27.92% year-on-year; net profit attributable to shareholders of listed companies was -58.148 million yuan, down 38.216% year-on-year. . Dongguan Rongmao technology Co.,ltd , https://www.szroomoo.com