Considering that LED as a new generation of lighting products has advantages over traditional lighting sources such as incandescent lamps and fluorescent lamps, such as low power consumption, long life, no pollution, fast response, high color purity, etc., with the advancement of urbanization and The promotion of efficient and environmentally friendly lighting has led to rapid development in the LED industry in recent years. According to the data, the actual demand for LED lighting in China will reach 138.6 billion yuan by 2020. Such a broad market space has led to the influx of a large number of enterprises in the LED industry, resulting in the status of the second photovoltaic industry such as overcapacity and low industry concentration. The general trend of industry reshuffle is irreversible. Since 2014, a number of LED-related listed companies have been in the suspension period of mergers and acquisitions or major asset restructuring, including the acquisition of Qiwei shares and the acquisition of Smect Optoelectronics. In order to take the lead in this industry transformation, Xuelaite, which focuses on endogenous growth, officially launched the model of outreach M&A development this year, strategically reorganizing Fushun Optoelectronics, which not only helps Shell Wright realize market, brand, sales channels, technology research and development. The integration of effective resources will further strengthen its overall competitiveness in the field of LED application products. After the successful restructuring, Shell Wright, net profit and earnings per share are expected to double exponentially, opening a new strategic pattern. Fushun Optoelectronics achieved revenues of RMB 182 million, RMB 227 million and RMB 146 million in 2012, 2013 and the first half of 2014, respectively; net profit was RMB 30.71 million, RMB 33.92 million and RMB 23.88 million, respectively. The situation is very optimistic. Undoubtedly, the acquisition of Fushun Optoelectronics will help Shellett to grow rapidly. Taking the first half of this year as an example, the net profit attributable to the shareholders of the parent company in the first half of 2014 was 10.64 million yuan. If the successful acquisition of Fushun Optoelectronics, the net profit of the preparation for the first half of this year will reach 33.74 million yuan, which is a restructuring. The listed company's net profit was 3.17 times. Although the total share capital of Shelley will increase from the original 184 million shares to 241 million shares after the issuance, the increase in net profit from the restructuring of listed companies is much higher than the increase in equity, and Shellett’s earnings per share will also It has been greatly improved. It is expected to grow from 0.06 yuan/share to 0.14 yuan/share after restructuring. The growth rate is close to 140. In addition, 12 shareholders of Fushun Optoelectronics including Chen Jianshun also made achievements in Fushun Optoelectronics' 2014-2016 performance. Commitment: The sum of not less than 45.4 million yuan, 54.5 million yuan, 64.7 million yuan, and three-year net profit will not be less than 165 million yuan. The actual controller Chen Jianshun has separately promised that the net profit of Fushun Optoelectronics in 2017 will not be less than 74.5 million yuan. If the net profit is lower than the above commitment value, the individual will make a cash replenishment of the difference.