Domestic and international market variable lighting industry has made great "winter"

Abstract: Since the third quarter of 2008East China Science and Technology as, like many
macro-economic situation is grim, human costs,large enterprises are engaged in lighting their own
RMB appreciation, the real estate marketweight-loss program. A large lighting company
downturn, these adverse factors seriously affectexecutives told reporters, "We will reduce the
the lighting enterprises. Domestic and internationaloverseas market, business, after all, the future of
market variables, so the lighting industry andthe financial crisis to the international market is full
deeply feel the coming of winter.of variables."
 "Big business should have a stronger business risk
"Ningbo Yuyao regional SMEs have closed down, Ior strength, by adjusting the business strategy,
have seen dozens of homes, has affected thethe current production and management has no
local economy." A private enterprise in the region?significant fluctuations." Wong Kam Sui said.
Zhejiang and Hui Lighting Technology Co., LtdIt is understood that after the reorganization of
China Sales Manager Fu Chunming October 25,Philips, Lighting Products Division revenues
told reporters. An anonymous sales manager ofincreased 3.2% year on year, reaching 196 million
domestic lighting leading enterprises are the same.euros. The company's regional sales manager
He said: "in July before the company's business inLupot Beijing introduced this year in Beijing with
good condition, the growth rate of 10%, tothe previous years sales of flat no problem, up to
business growth in August dropped by 10%."1 billion yuan, home lighting products guaranteed
In an interview more than a dozen companies,sales.
such a situation not unusual. Common reflection ofIt is understood that domestic Foshan Lighting
the third quarter of 2008 since the(000 541), Zhejiang Sunshine (600 261), Snow
macro-economic situation is grim, human costs,Wright (002 076) listed three relatively stable
RMB appreciation, the real estate marketbusiness development.
downturn, these adverse factors seriously affectIn the first half loss of 117 million yuan for stocks
the development of enterprises.Foshan lighting, in the second half to focus on
Large-scale enterprise "thin winter"core business, in October the company three T8
"Pace of development of enterprises as the firstpilot production line. The recent announcement
few months of this year's profit is not therevealed that the first three quarters this year,
problem, but the situation is hard to say the nextthe main business income rose 2.1%, net profit fell
year." Wong Kam Sui China Illuminating Engineering2.2%.
Society president, said about the current industrySnow in the third quarter of this year, Wright has
conditions. "See one leaves were gone, withtransferred shares in Danyang snow Wright, 1
knowledge of the twilight years of age; see a potSeptember sales up 17.72% of total revenue, net
of ice cold makes me know my world." Someprofit decreased 41.02% year on year. According
businesses are already planning for "winter."to the company an insider, although the net
Zhe Jiang Feidong Lighting Co., Ltd. has been theincome decreased, but the company by
East China Science and Technology (000727) is astrengthening core business, in September
"cash cow." In the last year in July, when theremained 6% growth.
company's contribution to the East China ScienceAs of press time, the sun in the third quarter of
and Technology every year five million yuan ofZhejiang notice yet to be announced. Luo Bibo the
investment income has shrunk to 250 million, Eastcompany's Beijing office manager, said the
China Science and Technology will have a flight ofcompany in Guangdong and Fujian, the
29.9% stake in Tung lighting transferred to Philips.government awarded the project to ensure the
In response, executives with the explanationscompany's energy-saving lamps of good earnings.
given to "thin the body strong."