subject: Frbiz.com Reports Tcl Future Investment Into The Field Of Medical Electronics Up To 500 Million [print this page] Done for four years straight, "subtraction", the just emerged from the haze out of the internationalization of the TCL Group, to re-start doing "addition."
Before that, in reading TCL Group (000100.SZ) 2009 Nian, when semi-annual report, TCL Group, chairman, president Li Dongsheng once told this reporter that "in addition to strengthening of the TCL Multimedia and TCL Communication's investments, TCL Group, will also try some new investment plans, such as medical electronics (mainly of medical testing equipment), home appliance recycling dismantling and other new fields, we have more than 60 billion yuan out of 5% of net assets if the new investment is also a good choice. "
Obviously TCL Group has determined to enter new areas. Following the September 20 this year, TCL Group announced in Tianjin and the two major home appliances recycling base in Huizhou commenced, its investment in the medical electronics field has also taken a crucial step forward.
Holding Topline AP
October 15, TCL Group, announced recently that it has with Beijing Sinopharm Hengrui AP stake in the company of the original shareholders of the transferee to sign a formal agreement, TCL Group invested 31.09 million yuan acquisition of China Medical Equipment Industry Corporation of the original shareholders of the Beijing Sinopharm Topline AP stake, while the replenishment of 21.22 million yuan, becoming the largest shareholder in the new company, accounting for 51.8% stake.
For this investment, Li Dongsheng told newspaper reporters made it clear that "rapid growth in the field of medical electronics and high return on investment, and the field of medical electronics and TCL multimedia industry has some relevance. TCL may be relying on its display technology the great advantage of access to the medical electronics industry, and will further expand the existing resources to fight the medical electronics industry create new business TCL growth. "
According to the European Medical Devices Commission statistics, in 2008, the global medical device market, total sales of about 336 billion U.S. dollars, the growth rate in recent years were more than 10%. China is in Asia and the world's largest producer of medical devices, is the world's top ten emerging medical device markets. In recent years, rapid development of China's medical equipment industry in 2008 the total consumption of the actual medical instruments 2,200 billion yuan in output value of the target to the medical device by the end of 2010 will be to 3,500 billion yuan in 2020 to reach 1.575 trillion yuan. Average annual growth rate remained at 18% -20% or so.
However, the medical electronics market in China has been Philips, GE, Siemens and other foreign giants monopoly, while China's domestic consumer electronics companies in the medical electronics field layout is also almost zero.
Obviously, for the TCL Group, this time with the Chinese medical device industry companies work together for a joint bigger and stronger cross-sectoral enterprise provides a new model.
Li Dongsheng, said, "TCL Group, the recent medical electronics sector goal is to do a solid job of existing investment projects, and initially formed to support the basis for future industrial development, long-term goal is to establish within the group of medical electronics industry and the formation of the industry's leading-edge . "
Cross-sectoral risk
While there are good market prospects, but also has many favorable factors, but the Orient Securities analyst Zhang Ga told reporters, "TCL Group's main business, and never fully recovered from overseas color TV market is still at a loss, TCL are not familiar with the medical electronics field, which existence of certain sub-investment risk. "
This TCL Group, told reporters that the persons concerned, this is not the amount of investment, but the risks are controllable, and TCL have found the best partner, the most important area of investment with the original main business is related to multimedia .
Partners Beijing Sinopharm Hengrui AP is a company engaged in high-end digital medical imaging equipment research and development, manufacturing high-tech enterprise, but also China's Medical Device Industry Innovation strategic alliance to launch one of the units. The transfer of shares before the Chinese medical device industries for the company's largest shareholder.
A source told the reporter, TCL Group, the investment in Beijing Sinopharm Hengrui AP profitability of the company's good, and the China Medical Equipment Industry Corporation won the bid for government procurement government background certainly be of help.
TCL Group has been engaged in over the past few years, subtraction movement, has sold TCL Electronics, TCL Computer Technology, TCL low-voltage electrical appliances and other non-core businesses, but the management, headed by Mr. Li is also seeking investment opportunities in new industries, but the investment TCL has been very cautious, it is necessary to pay attention to controlling investment risk, and second, to find the right partners.
