According to the latest statistics of the national stock transfer company, as of May 2nd, the total number of listed company in the new three board market reached 6945, and the listed company's total equity amounted to 403 billion 591 million shares, of which 142 billion 679 million shares were sold indefinitely, and the total market value was over 3 trillion yuan. The industry expects that in 2016, the new three board listed companies are expected to reach 1 million. In the next three to five years, it will still be the era of high speed expansion of the new three boards. With the increase of the number of listed company and the growth of market value, the "stratified age" of the new three boards is also expected to come formally in May. According to incomplete statistics, there are more than 80 new three board enterprises in the LED industry, of which 38 have been market - making, with a market value of 15 billion 700 million (from the May 4th closing price), and the remaining 43 are still not market - making, and more in the review and preparation. 38 LED enterprises that have already made the market, 43 LED enterprises without market making, are counting 81 LED enterprises, of which the downstream lighting display end accounts for more than 6, and the upstream epitaxial chips are less than 2.47%. When LED enterprises rush into the new three boards, most of them are for financing to improve the brand value, so as to find better merger and acquisition cooperation. According to the new three board data statistics, from 2013 to 2015, the new three board market financing was 1 billion 2 million yuan, 13 billion 209 million yuan and 121 billion 617 million yuan respectively, with rapid growth. According to the statistics of the 81 enterprises' financing, it was found that from 2015 to May 3rd, the total financing was nearly 1 billion 200 million yuan. For the current LED industry to enter the deep water area, the gross margin of gross decline, the current profit space for LED products gradually narrowed, enterprises to enter the new three boards need a greater niche market to stimulate, will be favored by the capital. Although recent warmer, but the whole LED industry pattern has formed, as the new three board enterprise survival space should not be in the joint of LED leading enterprises to live, but need to have their own characteristics.