In the face of the ever-changing LED market, some companies were caught off guard and lost. Enterprises like Fengguang started to run, and the tide of bankruptcy began to appear. Some companies started from improving their competitive strength in order to gain a competitive advantage. M&A integration, mergers and acquisitions, and the emergence of Wanrun Technology's acquisition of Rishang Optoelectronics, Weiwei's acquisition of lighting, and Tongfang's full occupancy of Zhen Mingli, etc., more than 30 mergers and acquisitions throughout the year, involving the industrial chain, the middle and lower reaches.