Optics industry hard to touch bottom Wang Wenxian still want to be "invisible giant"

Every reporter Xiazijie from Shanghai, "The Living optical enterprise is now relying on the death of their peers to reduce production capacity, only to get the respite in the economic winter."　　"The world's top five optical manufacturing industry-Shun Yu Optics Technology (02382,HK) Chairman Wang Wenxian yesterday that he was hard to the optical industry bottoming out." Shun-yu Optical technology in 2008 suffered great pains, shareholders should account for 78.38 million yuan profit, 65.23% per cent.　　Behind this performance is the difficult situation of more optical enterprises. "Optical enterprises and mobile phones and other downstream products directly related to, coupled with the main export, the impact is conceivable." "This is good news for the living business, but the recovery in real demand is not yet visible," Wang Wenxian told the Daily Economic news. "To a single monthly output calculation, Shun-yu optical technology has accounted for 1/5 of the world, but Wang Wenxian persisted is still" invisible giant "identity," strength is not enough, 5 years, 10 years, but also to do Nokia and other ' protagonist ' of the ' Supporting Role '.　　"Optical industry is the hardest hit" in the Shun-yu Optical Technology 2007 IPO, Wang Wenxian also the opportunity to login Hurun Rich List, and in yesterday's interview, Wang Wenxian but more like "Yuyao grassroots rich" this title. Wang Wenxian has been in the optical industry in 25, "1984 founded Shun Yu Optical technology predecessor-Yuyao second optical instrument factory, only 8 high school students, 4 bungalows and 60,000 yuan loans started." "The optics industry is actually the hardest hit of the global financial crisis, and in the early November 2008 to the beginning of 2009, the entire optical industry has been very gloomy." "Wang Wenxian recalled that the optical industry at that time the basic orders have plummeted more than 50%," Shun-yu optical technology to feel the impact of the 1984 since the establishment of the largest.　　"Shun Yu Optical Technology 2008 Annual report disclosed, Shun Yu optical technology turnover fell 8.31% to 1.268 billion yuan, and shareholders should be accounted for profit on the year-on-year decline of 65.23%, from 225 million yuan to 78.38 million yuan." Wang Wenxian pointed out that under the global financial crisis, "shuffle" the trend is very clear, "optical end product demand will increasingly be more competitive canon, Nokia and other well-known manufacturers converge, and they will be again planning supplier resources in order to survive the cold winter, in this regard, the scale of the following enterprises have encountered more terrible hardships. "Optical downstream products-mobile phones, cameras and other well-known, but as its upstream of the optical enterprise has been in the invisible State." Wang Wenxian said, in fact, optical enterprises to reduce production, shutdown, closed the phenomenon is very prominent. "Our general judgment is that optical companies are now the key to the bottom of the difficult moment, the survival of the law so that the living enterprises have a larger market space, which also prompted a slight improvement in the order situation." "Shun Yu Optical Technology Investor Relations Management Department, said yesterday, based on the expected and half a year operation situation, she is inclined to believe that the optical science and technology in 2009 will maintain 2008-year performance level. Do everything possible "winter" "canon" they finally found us, demand for their products.　　"Wang Wenxian for this joy, but also have to face embarrassment-Nokia, Samsung recognized Shun-yu optical technology, but it is very unfamiliar to others." Shun Yu Optics Technology president Leaf Liaoning said, "because the market demand is still falling, so the 2009 gross margin is expected to be more serious."　　"It is reported that Shun Yu Optical technology in 2009 will be the price of raw materials down 10%, the overall operating costs down 5%, and hope that the use of plant can be increased to 80%." Shun Yu Optical technology related to the responsible person, the current procurement of raw materials 70% from China, the remaining 30% from Japan, "we have to the raw materials suppliers to reduce the demand for 10%, Japan's suppliers have not fully achieved, but the basic has been achieved, at present we tend to choose to meet the requirements of the suppliers　　Wang Wenxian told reporters that the reduction in operating costs was mainly achieved by a 20% drop in wages for executives such as CEOs and a 15% cut in middle managers. "We also take the initiative to reduce the price of products to obtain more orders. "Shun Yu optical technology related to the Director pointed out that at present, the above action has basically reached expectations." In addition, Shun Yu Optical technology proposed to reduce 2009 capital expenditure from last year's $146 million to $80 million, of which 10 million ~2000 for research and development costs, and reduce expansion plans.