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At the 2006 Annual General Meeting of Foshan Lighting (23.45, 0.00, 0.00%) (000541) held yesterday, the current chairman of Foshan Lighting, Zhong Xincai, was again elected as a new director by the shareholders and was elected on the subsequent board of directors. For the new chairman of the company. Zhong Xincai said that he will not live up to the expectations of shareholders and lead the company to achieve better and faster development.
In response to questions from shareholders, Zhong Xincai said that he continued to serve as chairman of the company. In addition to the trust of shareholders, the most important thing is to be optimistic about the company's further development prospects. He believes that Foshan Lighting is currently facing a rare opportunity for development. Although the appreciation of the renminbi has a certain negative impact on the company, but because of the difficulty of exporting small enterprises, it will promote the overall performance of the company. Last year, the company's exports increased by more than 20%, and this year is expected to maintain the same growth rate. The further standardization of the domestic social environment has constrained the non-standard operation of some small enterprises, which will indirectly benefit listed companies. In addition, the company's economies of scale will be further reflected in the future. As the country promotes energy-saving strategies, the company's energy-saving products will also have more room for development.
Zhong Xincai also humbly said that the company's performance in the past two years is not very good, to review the shareholders. Since the beginning of this year, the company has established a strict sales plan, and implemented the sales tasks at all levels, responsible for the layers, who will not be able to complete the stage. From the current point of view, these measures have begun to show results. In the first quarter of this year, the company's sales revenue has risen significantly, and it has got rid of the situation of the previous two years.
For the introduction of technology, Zhong Xincai believes that relying on external introduction is not a feasible way from now on, the key is to rely on itself. In the future, the company will make every effort to improve its R&D and innovation capabilities.
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October 14, 2023