Taiwan Chong Yue electric alliance with Fuji motors

In February 25, 2008, Taiwan Chongyue Dentsu (3388) announced a strategic alliance with Japan's Fuji motor, the two sides in addition to reinforce each other in solar and wind power and other energy-saving products, the future will further expand the market expansion action coalition, more robust to Japan's LED lighting products market. Chong Yue said that the contract has now been completed, the future will complement each other through the product line cooperation, play an open source and throttling effect of multiply.

The company said, Fuji motor in the development and sales of flexible solar panels, wind power generation and heat insulation coating product line, has the foundation and market advantage for many years; and in recent years has also been Chongyue Dentsu in the solar system and energy-saving LED lighting application products, introduce new products ahead of the market, through the strategic alliance the signing of LED, in addition to energy-saving light bulbs will be officially shipped, the two sides will further promote cooperation and complementary product lines, the development and sales of energy-saving products.

Benefit from energy-saving products orders continued to grow, Chong Yu January revenue of about 475 million yuan, a single month pre tax profit of $72 million, pre tax EPS of up to $1.55. Accumulated 96 years of annual revenue from the junction of the number of 4 billion 90 million, the annual tax for the year before the year EPS up to $12.3 for the year up to $96.

Chongyue Energy Systems Group established a year and a half, to develop new products and a series of LED lighting applications, including LED, energy-saving light bulbs have been officially listed solar LED street lamp system, has been with the start of energy-saving products in Australia, Japan, Britain and other projects and channel shipments, and new products of other LED lighting applications in the second quarter will continue production shipments.

Source: Lean news