Reason for change:
Zhejiang Sunshine Group Co., Ltd. recently received the relevant notice from the General Administration of Quality Supervision, Inspection and Quarantine and the Export Exemption Certificate, and approved the export of self-ballasted fluorescent lamps with a power of 25W or less. The validity period is from January 2008 to December 2010. The company has thus become the first company in China's lighting industry to receive national export exemption.
Investment highlights:
1. The company has successively won the famous brand of China's well-known trademarks and national key support development, becoming the first enterprise in the lighting industry to integrate China's well-known trademarks, China's famous brands and China's three famous national brands. At the same time, Sunshine brand was selected as the 500 most valuable brand in China, ranking first in the brand value of the lighting industry.
2. The company's technology center has been identified as the only state-level enterprise technology center in the electric light source industry. The company's T5 fluorescent lamp won the title of national inspection-free product. In 2005, the company implemented 48 innovative projects, which greatly promoted the deepening of technological innovation in enterprises.
3. After several years of hard work, the company has changed the market distribution in the past. The current market share is 25.09% in Asia, 25.69% in Europe, 13.96% in Latin America, 9.84% in North America, and 23.74% in China. The market risk caused by the company’s overall performance has been reduced
risk warning:
1. The situation in which the main business is dominated by a single light has not fundamentally changed. Although the growth of the lighting business is also very rapid, the situation that energy-saving lamps account for 70% of the main business has not changed fundamentally. It is still the main issue to extend the company's product chain and diversify business risks.
2. Capacity bottlenecks are gradually emerging. After nearly three years of rapid expansion, production capacity in 2005 was almost saturated. Although capacity expansion was urgent, restrictions on land, electricity, equipment allocation, and human resources continued to exist, hindering the project investment progress.
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