Zhejiang Sunshine Co., Ltd. is currently the largest manufacturer of energy-saving lamps in Asia and the largest manufacturer of Philips OEM lamps in China. The domestic market share of energy-saving lamps is 15%. After years of tempering in overseas market sales, the company's cost control, product quality, equipment development, and trichromatic phosphor preparation capabilities are in a leading position in the industry. Annual sales are ranked first among domestic electric light source companies, and the company's electronic energy-saving lamps are global. The market share reached 6.3%, and the sales volume of T5 fluorescent lamps ranked first in China. The specific rankings of energy-saving lamp manufacturers are Sunshine, Tongshida, tcp, Lei Shi, Buddha Photo, and Op.
In order to actively respond to the impact of the global financial crisis on high-efficiency lighting products manufacturers, we will meet the needs of urban and rural residents for efficient lighting products, expand the market share of energy-saving lamps, and strive for greater energy-saving and emission reduction effects. The promotion of high-efficiency lighting products will be intensified, and the scale of promotion will be initially determined to be 100 million, which is more than doubled in 2008, and can directly drive consumption by more than 1 billion yuan. It is expected that the company will continue to lead in 2009, accounting for more than 30% of the total, which will significantly boost sales in the domestic market.
Compared with other industries, the electric light source industry is a necessitary and low-cost necessities. Due to the impact of the economic crisis, the school also suffered a partial impact in the fourth quarter of 2008. In January, 2009, it recovered, basically the same as in the same period of 2008. If the policy factor is not considered, the growth of the energy-saving lamp industry will not exceed 20%. However, countries have successively introduced policies to encourage high-efficiency lighting products and even banned incandescent lamps. China plans to gradually ban incandescent lamps within 10 years. The conversion of electric light sources will bring a rapid development historical opportunity to the energy-saving lamp industry.
Most of Zhejiang Sunshine's existing production capacity is in Shangyu, Zhejiang, and 70 million production capacity has been built in Jiangxi production base, with a total production capacity of about 220 million. It is estimated that the capacity of Jiangxi base will reach 100 million by the end of 2009. The Xiamen base has completed land acquisition work, and the annual production capacity will reach 20 million. In 2009, a total of 50 million new capacity will be added, which is equivalent to an increase of 20%. The company plans to build about 200 million capacity in Jiangxi base and 200 million capacity in Xiamen base by the end of 2010. By around 2011, all production capacity will reach production, meeting the peak period of the 2011 ban on incandescent lamps in various countries.
Zhejiang Sunshine is the largest energy-saving lamp manufacturer in China and the world. After enduring the industry integration winter and the company's strategic transformation pains, Zhejiang Sunshine will usher in the opportunity of rapid growth. The company has already prepared for internal management, and the capacity building is also in full swing. With the strengthening of the national efficient lighting promotion policy, it is expected to achieve faster development. While maintaining the export market, we will strengthen sales in the domestic market. By the beginning of 2009, the company's transformation plan has been basically completed. The proportion of self-owned brand products is close to 40%, and the domestic market accounts for nearly 20%. The existing three deputy generals are responsible for marketing, and the number of marketing outlets has increased to more than 1,000, covering the whole country.
From the above analysis, the energy-saving lamp industry is currently the industry that has been the least affected by the global financial turmoil. Both foreign and domestic policies have encouraged the development of the energy-saving lamp industry. From the current performance of the A-share market, in the continuous decline of the market An Optoelectronics, Lianchuang Optoelectronics (7.48, 0.00, 0.00%) are all against the trend, and as the leader of the energy-saving lamp industry, Zhejiang Sunshine has been neglected by the market, and the trend is relatively weak. Near the two sessions, the market has a strong desire to do more. Once the market rebounds sharply, Zhejiang Sunshine will be attacked by funds outside the market.
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