Zhejiang Sunshine just disclosed that the EU Council meeting recently decided to impose another year of anti-dumping duties on energy-saving light bulbs produced in China, Pakistan and Vietnam. In this regard, the company said that since the company has suffered from EU anti-dumping since July 2001, it will not affect the company's performance during the continuation period.
This matter sounds normal, but it deserves attention. After all, the anti-dumping duty imposed by the EU on the EU importers and exporters of Zhejiang Sunshine Electronic Energy Saving Lamps since 2001 has reached 35.3%. Once this tax is cancelled, will it significantly reduce the cost of Zhejiang Sunshine products exports? In addition, the current Zhejiang sunshine exports to the EU is not low, the EU and Asia are listed as the company's most important overseas market
Things can be traced back to around 2001. In early 2001, Zhejiang Sunshine issued an announcement that the EU launched an anti-dumping investigation against the company in June 2000, and notified the company on August 8, 2000 that the company had a national project subsidy and other reasons and did not give its market economy status. In 2001, the EU initially ruled that punitive tariffs were imposed on EU importers of energy-saving lamps produced by Zhejiang Sunshine. According to the announcement issued by Zhejiang Sunshine, since the EU ruled in March 2001 that the EU importers and exporters of the integrated electronic energy-saving lamps produced by the company imposed a 35.3% anti-dumping tax rate, the tax rate has continued to this day. Therefore, the decision to continue the imposition of anti-dumping duties will not affect the company's performance during the extended collection period.
"In the continuation of this year, the company's exports to the EU are still functioning in the same way as before, regardless of whether this part of the punitive tariff is borne by the importer alone or by the company. Since it is the same as before, the company's performance Will not be affected." Zhejiang Sunshine's board secretary Wu Qingyi said. He said that the extension of this year will last from October 2007 to around October 2008.
After asking the Secretary of the Board of Directors, the reporter learned that according to relevant regulations, the first round of anti-dumping is generally five years. After the anti-dumping expires, the EU will postpone the period, mainly at the request of some enterprises. However, according to the longest period of anti-dumping and the current trend of increasing emphasis on environmental protection in developed economies such as the European Union and the United States, the company feels that after this extension, anti-dumping against energy-saving lamps is likely to end.
"Even the local companies in the EU don't understand much: Since the government encourages energy conservation and requires more energy-saving lamps, why should we implement such measures to delay the entry of energy-saving lamp products from China and other places into the local market? May be just a transition." Wu Qingyi said.
However, if the EU does not levy anti-dumping duties after one year, will this greatly help Zhejiang Sunshine's exports and performance improvement?
The company’s board secretary expressed caution. Wu Qingyi said that it is hard to say things after one year. After all, if anti-dumping is cancelled, it means that all manufacturers are faced with such opportunities, so competition in the European market may increase. However, Wu Qingyi also said that not all energy-saving lamp manufacturers can enter the EU, there are a lot of technical requirements for products, there are a series of regulations.
The reporter learned that in the lighting industry, especially in the energy-saving lamp industry, although the industry concentration is relatively low, in contrast, Zhejiang Sunshine has certain advantages in terms of market share and production technology. In recent years, despite anti-dumping in the European market, the company's exports to the EU have continued to grow. In 2002, Zhejiang Sunshine’s main business income in overseas markets was only 265 million yuan, and the proportion of exports to the EU was less than 5% of the main business income. In 2006, according to the company’s annual report, in the main markets, The European market accounted for 19.17%, and the main business income from this block has reached 305 million yuan.
A researcher in the industry believes that if the anti-dumping is postponed one year later, it will indeed lead to some low-cost, low-risk SMEs to regain their vitality. For Zhejiang Sunshine, a company with leading scale in the sub-sector, whether it can dominate the future in Europe, it needs to be further watched.
In addition, the researchers also pointed out that in recent years, under the pressure of overseas markets, Zhejiang Sunshine has vigorously expanded the domestic market. At present, its domestic market has been balanced with the Asian and European market forces, and even gained a higher proportion. Mainly in the context of encouraging energy conservation, it is driven by government procurement.
Yunnan and Guizhou lighting market to be further developed Foshan lighting sales market status Scanning Guangzhou lighting lighting market prospects Beijing home lighting products shape will go to the direction of Shandong Dongying lighting market situation analysis Xinjiang lighting products export situation is good
1
This matter sounds normal, but it deserves attention. After all, the anti-dumping duty imposed by the EU on the EU importers and exporters of Zhejiang Sunshine Electronic Energy Saving Lamps since 2001 has reached 35.3%. Once this tax is cancelled, will it significantly reduce the cost of Zhejiang Sunshine products exports? In addition, the current Zhejiang sunshine exports to the EU is not low, the EU and Asia are listed as the company's most important overseas market
Things can be traced back to around 2001. In early 2001, Zhejiang Sunshine issued an announcement that the EU launched an anti-dumping investigation against the company in June 2000, and notified the company on August 8, 2000 that the company had a national project subsidy and other reasons and did not give its market economy status. In 2001, the EU initially ruled that punitive tariffs were imposed on EU importers of energy-saving lamps produced by Zhejiang Sunshine. According to the announcement issued by Zhejiang Sunshine, since the EU ruled in March 2001 that the EU importers and exporters of the integrated electronic energy-saving lamps produced by the company imposed a 35.3% anti-dumping tax rate, the tax rate has continued to this day. Therefore, the decision to continue the imposition of anti-dumping duties will not affect the company's performance during the extended collection period.
"In the continuation of this year, the company's exports to the EU are still functioning in the same way as before, regardless of whether this part of the punitive tariff is borne by the importer alone or by the company. Since it is the same as before, the company's performance Will not be affected." Zhejiang Sunshine's board secretary Wu Qingyi said. He said that the extension of this year will last from October 2007 to around October 2008.
After asking the Secretary of the Board of Directors, the reporter learned that according to relevant regulations, the first round of anti-dumping is generally five years. After the anti-dumping expires, the EU will postpone the period, mainly at the request of some enterprises. However, according to the longest period of anti-dumping and the current trend of increasing emphasis on environmental protection in developed economies such as the European Union and the United States, the company feels that after this extension, anti-dumping against energy-saving lamps is likely to end.
"Even the local companies in the EU don't understand much: Since the government encourages energy conservation and requires more energy-saving lamps, why should we implement such measures to delay the entry of energy-saving lamp products from China and other places into the local market? May be just a transition." Wu Qingyi said.
However, if the EU does not levy anti-dumping duties after one year, will this greatly help Zhejiang Sunshine's exports and performance improvement?
The company’s board secretary expressed caution. Wu Qingyi said that it is hard to say things after one year. After all, if anti-dumping is cancelled, it means that all manufacturers are faced with such opportunities, so competition in the European market may increase. However, Wu Qingyi also said that not all energy-saving lamp manufacturers can enter the EU, there are a lot of technical requirements for products, there are a series of regulations.
The reporter learned that in the lighting industry, especially in the energy-saving lamp industry, although the industry concentration is relatively low, in contrast, Zhejiang Sunshine has certain advantages in terms of market share and production technology. In recent years, despite anti-dumping in the European market, the company's exports to the EU have continued to grow. In 2002, Zhejiang Sunshine’s main business income in overseas markets was only 265 million yuan, and the proportion of exports to the EU was less than 5% of the main business income. In 2006, according to the company’s annual report, in the main markets, The European market accounted for 19.17%, and the main business income from this block has reached 305 million yuan.
A researcher in the industry believes that if the anti-dumping is postponed one year later, it will indeed lead to some low-cost, low-risk SMEs to regain their vitality. For Zhejiang Sunshine, a company with leading scale in the sub-sector, whether it can dominate the future in Europe, it needs to be further watched.
In addition, the researchers also pointed out that in recent years, under the pressure of overseas markets, Zhejiang Sunshine has vigorously expanded the domestic market. At present, its domestic market has been balanced with the Asian and European market forces, and even gained a higher proportion. Mainly in the context of encouraging energy conservation, it is driven by government procurement.
Yunnan and Guizhou lighting market to be further developed Foshan lighting sales market status Scanning Guangzhou lighting lighting market prospects Beijing home lighting products shape will go to the direction of Shandong Dongying lighting market situation analysis Xinjiang lighting products export situation is good
1
Wet&Dry Vacuum Cleaner,Dust Collector,Car Cleaning Vacuum Cleaner,Home Cleaning Tools/Vacuum Cleaner
Chaozhong Industrial Co., Ltd. , http://www.zjvacuumcleaner.com