MASON(SZ:002654)2022-12-08 05:34Group 1: Company Overview - Wanrun Technology is a leading provider of mid-to-high-end LED light source devices and LED lighting products, with revenue contributions of approximately 70% from LED light source devices and 30% from LED lighting products [1] - The company anticipates that the demand for LED lighting applications will significantly increase, making it a key growth point for profitability [1] Group 2: Strategic Development - The company plans to expand its market presence through both organic growth and external mergers and acquisitions, focusing on downstream lighting application segments [1] - Future mergers and acquisitions will prioritize targets within the LED industry that possess advanced core technologies, established channels, or strong brands, aiming for vertical integration or complementary integration within the industry [1] Group 3: Management Confidence - Company executives and shareholders express strong confidence in the future development of Wanrun and the LED industry, as evidenced by their significant stock purchases [3] - The company is considering the establishment of an industrial merger fund to accelerate external acquisitions and strengthen its market position [3]