As a domestic lighting faucet, the company has completed a comprehensive transformation from LEDs to LEDs through epitaxial mergers and acquisitions in four years. As of 2015, LED product revenue has increased to 60.6%. According to the Boston Consulting Group report, the global lighting market is expected to increase to $133 billion by 2020, when LED will dominate the market and occupy 45% of the market.
Consumer-grade drone blue ocean, the market is expected to grow rapidly this year
In May 2015, Shellett acquired Shenzhen Manta Intelligence for 15 million yuan. Established in 2014, Manta Smart is dedicated to the R&D, production and sales of consumer-grade UAV systems and aerial drone systems. It has established a global service team integrating R&D, production and marketing, focusing on the United States, Europe and China. market. In 2015, it achieved an operating income of 8.1 million yuan.
The current R&D and multi-domain use of drones is showing rapid growth. According to the forecast of the American Tiel Group, the global market space will reach US$11.5 billion in 2024. Especially in the consumer-oriented UAV segment, the global market is very enthusiastic about portable and compact consumer-grade UAVs, and the market is relatively blank at this stage. Manta Smart is expected to make progress in this area.
Manta Smart will once again help the UAV overseas business
Shell Wright announced on June 7 that its holding subsidiary, Manta Smart, plans to set up a wholly-owned subsidiary in Düsseldorf, Germany with its own funds of $500,000. The company's business scope will cover multi-axis aircraft platforms, flight control systems, camera heads, analog and digital remote image transmission and virtual flight experience systems.
In February this year, the company invested US$500,000 to set up a subsidiary in the United States to accelerate the construction of a marketing service center that radiates in North America, further promoting the rapid growth of the company's overseas business. These layouts help Manta Smart to develop overseas business.
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