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After a few years of popularity, the domestic LED industry is becoming more and more competitive, and in recent years it has fallen into overcapacity. In the absence of the main business, some LED companies have transformed. The acquisition of Qinshang's education industry has covered K12 education, early childhood education, international education, private schools and other sub-sectors, and completed the transition to LED+ education. After announcing the development of the main business of optoelectronics and education, the LED giant Dongguan Qinshang, which has suspended the planning of major asset restructuring for more than a month, recently announced that it has acquired the 100% equity of Chengdu Gunda Investment Development Co., Ltd. There is a 100% stake in Chengdu Qizhong Experimental School. Prior to this, Qinshang shares have acquired a large number of educational enterprises such as Guangzhou Longwen, British Education, and Little Red Riding Hood Education. Behind the frequent cross-border of LED leading companies, it is the helplessness of the main business. It is planned to acquire up to 100% of the shares in Chengdu. Qinshang has been making active moves in the education industry in recent years. According to the company's announcement, the company plans to acquire 100% of the equity in Chengdu, and indirectly acquires 100% of the equity of Chengdu Qizhong Experimental School held by Chengdu. However, as the specific plan, related trading methods and structure of this transaction are in the process of negotiation, it has not yet been finalized, and the company's stock will continue to be suspended. The announcement shows that Chengdu Qizhong Experimental School was established in 2003. It is located in Guanghua Avenue, Wenjiang District, Chengdu. It is an international, full-time, academically-supported boarding school that integrates elementary school, junior high school and high school. It is a private non-enterprise unit that voluntarily organizes educational activities. The owner of the school is a high-investment investment funded by up to investment. In recent years, the total number of schools in Chengdu Qizhong Experimental Middle School has remained at around 5,500, with stable student sources and income sources. Little known is that behind Chengdu, it is a well-known enterprise in Chengdu, Guancheng Group, and its legal representative is also served by Hong Qingyi, chairman of Guancheng Group. Guancheng Group is a group enterprise integrating many industries such as real estate development, property management, financial investment, education industry and ecological agriculture. Chengdu Qizhong Experimental School has won honors such as China's Top Ten Private Schools, China's Western Famous Schools, and National Private Education Top 100 Schools, and has expanded its new campus in Meishan. Cross-border investment in education industry over 6 billion. The original main business of Qinshang is a semiconductor lighting integrated solution provider. The company was originally called Qinshang Optoelectronics. However, since 2016, the company has frequently launched the education industry across the border. Until the indirect acquisition of Chengdu Qizhong Experimental School, this is the company's sixth acquisition involving the education industry, involving more than 6 billion yuan of funds. In August 2016, Qinshang Optoelectronics acquired the K12 educational institution Guangzhou Longwen Education through major asset restructuring, and on October 12, it reached an agreement with Shenzhen Yinglun Education Industry Co., Ltd. to obtain British education for RMB 66 million. % equity, and indirectly holds 40% equity of Shenzhen International Academy of Sciences, which is 100% owned by British Education; on November 8, repurchased the equity of Little Red Hat Education of Preschool Education, and its actual control or the proportion of all kindergarten equity is not less than 80% On December 17, the wholly-owned subsidiary Hong Kong worked for 2.9 billion to acquire 100% equity of Aidi Education; on January 20, 2017, it intends to obtain a 10% equity interest in bump education through cash, and intends to obtain Siqi through cash. Education is not less than 10% of the equity. On February 22 this year, Qinshang Optoelectronics, which is fully committed to the development of dual main businesses, simply changed the name of the securities to Qinshang. Nowadays, the acquisition of the education industry by Qinshang has covered K12 education, early childhood education, international education, private schools and other sub-divisions. The company's business industry has gradually completed the transition to LED+ education. The industry is not working, leading enterprises are busy transforming In recent years, the domestic LED industry has rapidly changed from the blue ocean to the Red Sea, and the industry is in deep surplus. After a few years of popularity, the industry's competition has risen from a simple price war to a comprehensive competition of research and development capabilities, financial strength, and industrial chain resources. In the absence of LED main business, some LED companies have undergone major transformations, including entering the cultural education industry. Like Qinshang Optoelectronics, in the past few years, the LED lighting industry's Changfang Group, Snow Wright and other companies have also actively cut into the education industry, but like Qinshang Optoelectronics, it is rare to spend more than 6 billion large-scale mergers and acquisitions.