Foshan Lighting 2007 Annual Results Pre-announcement Announcement


Stock abbreviation: Foshan Lighting (A shares) Guangdong Lighting (B shares)

Stock Code: 0 0 0 5 4 1 (A shares) 200541 (B shares)

Announcement No.: 2008-003

Foshan Electric Lighting Co., Ltd.

2007 annual performance pre-announcement

The company and all members of the board of directors guarantee the truthfulness, accuracy and completeness of the information disclosure, and there are no false records, misleading statements or major omissions.

I. Estimated current performance

1. Performance forecast period: January 1, 2007 to December 31, 2007

2. Performance forecast: After preliminary calculation of the company's financial data for January-December 2007, the company expects net profit for January-December 2007 to increase by 60-85% compared with the same period of the previous year. The specific financial data will be in the company in 2007. Detailed disclosure in the annual report.

3. The performance forecast has not been pre-audited by the CPA.

Second, the performance of the same period last year

1. Net profit: RMB 237,472,914.59

2. Earnings per share: 0.66 yuan

Third, the reasons for the pre-increased performance

According to the company's general meeting of shareholders in early 2007, the company approved the use of idle self-owned funds of 700 million yuan, participated in the subscription of new shares, and achieved better investment income, which greatly increased the company's securities investment benefit, accounting for 60% of the company's net profit, which is a one-time gain.

Fourth, other relevant instructions

On June 8, 2007, the company implemented the 2006 profit distribution and capital reserve fund transfer program. The company's total share capital increased from 358,448,259 shares to 465,982,737 shares.

Special announcement.

Foshan Electric Lighting Co., Ltd.

Board of Directors

January 29, 2008

? China's energy-saving lamps into the unknown Indian market 2008-01-29
? RMB appreciation has greatly increased the cost of China's lighting exports 2008-01-29
The subprime crisis affected the US market and plummeted China's exports 2008-01-29
EU will continue to impose anti-dumping duties 2008-01-29
? Jiangsu Provincial Political Consultative Conference Committee Acupuncture Urban Over-lighting 2008-01-29
? Financial subsidies to support energy-saving lighting needs to focus on the long-term 2008-01-29



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