Zong Peimin: Quality is the life of the enterprise

In recent years, the wave of investment in the LED industry has been heating up and sweeping the entire capital market. Foreign capital, state-owned enterprises, private enterprises, venture capital and funds have poured in. Many companies that were originally traditional industries are also difficult to be lonely. They have joined the ranks of LEDs. For a time, the whole industry is crowded with people, and the cheques are waving and lively. At the 2012 High-tech LED Conference, the participating companies have heated discussions on LED industry investment, mergers and acquisitions and other topics.

In the LED industry capital market under the global economic crisis sponsored by Huarui Investment, Zong Peimin, Chairman of Huarui Investment, Liu Jianyun, President of Lihe Qingyuan Venture Capital, and Tong Ziping, Vice President of Tongchuang Weiye Venture Capital, invested in LED industry Expressed their views. Mr. Wang Junfeng, the guest of Junlian Capital, Mr. Tian Chongliang, Director of the IPO Business Unit of the High-tech Industrial Research Institute, and Mr. Shi Xiaoping, Manager of the M&A Business Department of the High-tech Industrial Research Institute, held a round-table discussion.


Zong Peimin, chairman of Huarui Investment, said, "This era is not an era of big companies. It is an era of quality characteristics. Simple expansion is no good. Now many of our companies are very vain and have a lot of production capacity. Then the industry thinks it is the boss. In fact, it is very difficult to survive." He believes that enterprises must regard quality as life, must be in innovation, technological innovation, model innovation, industrial design, and work out of the old model, everyone should be in the industry. Inside, you can find a character that suits you. Different from other people's roles, you can need you upstream and downstream.

Zong Peimin pointed out that there is a good policy when the industry starts, including government government subsidies, which will positively promote each industry, including the LED industry, but companies cannot rely solely on government subsidies. Every era has its own theme, and we must make the company unique.

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