From the Zhongshan Investment Promotion Forum held recently, Huayi Lighting is expected to become the first listed company of “Lightsâ€, and it is expected to submit a listing application from June to August 2008.
At the Zhongshan Equity Investment Forum held recently, experts from the Shenzhen Stock Exchange said that the lighting industry as an example, the world's three major light source companies all entered China. Since the end of 2006, the once profitable lighting industry has been subject to national macro-control policies. And the indirect influence of the adjustment of the real estate industry, the lighting business of the "Luandu" ancient town has not been done well before. The experts of the Shenzhen Stock Exchange believe that the "lights" enterprises must enhance their independent research and development capabilities and expand the market through listing financing.
Gong Jian, manager of the marketing department of Shenzhen Stock Exchange, said that Foshan Lighting, Zhejiang Sunshine and Snowlight, which are listed in the lighting industry, are the first echelon of the lighting industry; Huayi and Op, which are waiting to be listed, are the second echelon. Gong Jian believes that catching up with Foshan Lighting, Zhongshan Lighting Company is not without opportunities. Among them, Huayi Lighting has been restructured since April 2007 as a diversified enterprise involving lighting manufacturing, real estate and hotels. It is expected to be in June 2008. Submitting a listing application during the month of August is expected to become the first listed company of “Lightsâ€, and Op Lighting has completed the preparatory work for the previous period, and strives to achieve an annual operating income of over RMB 3 billion by 2009.
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