Zhejiang Sunshine (600261) rose 4.43% to RMB 13.9. Participating in the promotion of high-efficiency lighting products is expected to increase its revenue in 2008.
The company announced on Wednesday that on May 13th, the Commission of the National Development and Reform Commission and the Ministry of Finance issued a notice on the promotion of high-efficiency lighting products (the first batch). According to the notice, the company will undertake the promotion of 3.3 million self-ballasted fluorescent lamps for general lighting. The agreed supply price ranges from 5.3 to 7.8 yuan. The company and Philips China jointly promote 4.9 million fluorescent lamps with three primary colors and 14 watts. The agreed delivery price for the 28-watt specification is $18 and $32 each. The company said that if the promotion task is completed, it will increase its sales revenue in 2008. However, the amount of tri-color double-ended straight tube fluorescent lamps has not yet been clarified, and the company is currently unable to accurately predict the specific impact of the mission on performance. The company's main business income in the first quarter of this year was 414 million yuan.
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