[Text / high-tech LED Yue Mengdi] After a long time after the board of directors of Jingyuan Optoelectronics held a board of directors, numerous reports from the Taiwanese media all said that Taiwan listed company Jingdian (2448) will be acquired. Mulinsen, Philips, and even Lumileds are known as potential buyers, and TechNews reported that the share price of Jingyuan Optoelectronics once climbed to NT$29.5 (US$0.88) per share.
However, Rider Chang, a spokesperson for Epistar, denied the comments.
“The recent board of directors is mainly about corporate management and operations, and Taiwanese chipmakers currently have no plans to acquire or integrate other companies,†Rider Chang said.
Rider Chang also responded to the previous "United Daily News" (UDN) and "Business Times" to speculate that Epistar will be merged by an overseas company. Due to the report of the United Daily News, the price-earnings ratio of Jingyuan Optoelectronics was as low as possible. 0.56.
In fact, rumors about the possible acquisition of Epistars have been circulating in the market for some time. Time reverted back to December 2015, Taiwan has rumors that Mulinsen is likely to accept Jingyuan Optoelectronics, but this statement was quickly dismissed by Mu Linsen executives. The Mulinsen executive said that the company concentrated on buying the OSRAM Lighting Division to complement the supply chain of the two companies. Mulinsen executive general manager Lin Jiliang said that the company's goal is to complete the acquisition of OSRAM's lighting business in the second quarter of 2016.
Thanks to Tsai Ing-wen's energy policy, Taiwan's LED companies and other green technology-related listed companies have recently seen their share prices rise. Epistar also adjusted its human resources, strategic policies and plant resources. In addition, due to the clearance of inventory and new LED promotional products, the company's revenue still has room for improvement.
For the future M&A plan, there is no direct statement on Jingyuan Optoelectronics. It is only in the recent company statement that the media reports are not company information, and the company does not comment on this according to the consistent policy.
However, at the 2015 High-tech LED Annual Meeting, Huang Zhaonian, deputy general manager of Jingyuan Optoelectronics, said that we are currently in the historical stage of industry integration. The long-term success of a company, to a large extent, how well it does in mergers and acquisitions and alliances. It can be seen that Jingyuan Optoelectronics has an open attitude towards M&A integration.
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