Zhong Xincai: Responsible for Foshan Lighting's 20-year achievement "China Light King"

On the evening of April 22, Foshan Lighting announced that the company's board of directors had received an application from the company's chairman and general manager Zhong Xincai to resign as the general manager of the company. Zhong Xincai applied for resignation as the general manager of the company for personal reasons and still served as the company. Chairman of the board of directors.

Zhong Xincai: The future work is decided by the board of directors
The reporter interviewed Zhong Xincai on the phone. When he talked about resigning as general manager, he said: "I am retired. I usually retire after I am 60 years old. I should withdraw slowly. I have long been the chairman and general manager. Jobs can't make room and opportunity for others." When the reporter asked Zhong Xincai about his future work focus, he said that everything was decided by the board of directors; the reporter asked if he would also focus on the work of the new energy project, he also said that everything Also need to be decided by the board of directors.

In the view of institutional investors, the profitability of Foshan Lighting is inseparable from the presence of Zhong Xincai. The analyst said that his resignation can only be slow, if he suddenly resigns as chairman, it will be "a stone that stirs up a thousand waves."

Zhong Xincai once said that he has been retired since he retired because he has feelings. He feels the growth of Foshan lighting every day, and he has a sense of accomplishment and career every day. He said in July 2010: "I need a process to leave Foshan Lighting. When you see the new energy achievements on the Foshan Lighting Announcement, that is, the day I left."

Has been in charge of Foshan Lighting for 20 years
This year, Zhong Xincai is 69 years old. According to relevant information, Zhong Xincai went to Foshan Lighting in 1964. After 1979, he served as workshop director, production, technical chief, deputy director and factory manager. In 1985, he served as company manager. After 1992, he served as chairman, general manager and party secretary.

In May 2010, in order to specialize in new energy projects, Zhong Xincai announced the removal of the "Chairman" title, served as vice chairman and general manager, legal representative, at that time he had been in charge of Foshan Lighting for 18 years. However, just four months later, Zhuang Jianyi, the former chairman of Foshan Lighting, was investigated by the Guangdong Securities Regulatory Commission of the China Securities Regulatory Commission. He resigned as chairman of the board on August 30, and Zhong Xincai was again in danger and re-appointed as chairman.

It can be said that Foshan Lighting is a big one with Zhong Xincai. In Foshan Lighting, Zhong Xincai is a “podium-type” figure. Foshan Lighting has risen from a small factory of 500 people, 500,000 profit and 5 million light bulbs to the development road of “China Light King”, which is in contrast with his personal development track.

Has retired from the second line to focus on new energy business
In 2010, Zhong Xincai announced his retirement from the second line at the Foshan shareholders meeting, and said that “the future will focus on new energy business, and will not completely withdraw without success”.

Entering new energy is proposed by Zhong Xincai. When all lighting companies enter the LED industry, his choice of new energy is considered to be a “heterogeneous” transformation in the industry. It is understood that Foshan Lighting has also divested its Gaomingfuwanhu hotel project in order to specialize in the development of electric light source business, new LED light source and lithium battery new energy business.

Zhong Xincai said at the time that new energy is related to lighting. Foshan lighting is not what the outside world calls "transformation." Foshan Lighting develops large-scale vehicle lighting and street lighting. These lightings require solar energy, and solar energy requires batteries. Among them, the performance and environmental performance of lithium batteries are the best, so Foshan Lighting developed the lithium carbonate extraction project and then acquired Guoxuan. Hi-Tech enters the field of lithium-powered batteries and enters the field of automotive assembly systems.

“New energy is a national key investment project. Foshan Lighting has caught up with this era, so we have taken some energy to develop this project.” Zhong Xincai said.

In December 2011, the new plant of Foshan Guoxuan Power Battery Co., Ltd., a subsidiary of Foshan Lighting New Energy Project, was laid in Gaoming. The total planned investment of the project is 130 million yuan. It is expected to be completed and put into operation at the end of May next year, with an annual output value of about 1 billion yuan.

Zhong Xincai resume
Zhong Xincai went to Foshan Lighting in 1964. After 1992, he served as chairman, general manager and party secretary of the company. In May 2010, in order to specialize in new energy projects, Zhong Xincai announced the removal of the "Chairman" title, served as vice chairman and general manager, legal representative, but four months later Zhuang Jianyi was investigated and Zhong Xincai re-appointed as chairman a post.

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