Foshan Lighting: Will vigorously develop new energy projects

Zhongxincai was re-elected as chairman of the company at the annual shareholder meeting of Foshan Lighting (000541) yesterday. Zhongxincai said at the meeting that the company will vigorously develop new energy projects, and has been supported by major shareholders.　　In the new energy, in addition to the first to promote domestic brine extraction of lithium carbonate industrialization, the company invested 160 million yuan to acquire a pure Power battery factory in Hefei, Anhui 20% shares, has entered the financial audit phase. All traditional products in short supply Zhongxincai yesterday also said that all the company's traditional products are in short supply, "Now we have 50% of the product is exported, 50% is domestic." The solution to the shortage is to raise prices, the company's products at present the ex-factory price increased by 10%. However, the cost of products is also improving. From the present situation, exports are going up more than last year. Generally speaking, the total sales value of the year to increase by 10% such level. "Zhongxincai said.