Fulgent Sun (9802) pays attention to the environmental engineering, further builds the carbon-free products, complies with the Europe & America requirements, consequently, Cambodia adopts the solar energy and LED power generation system, builds the green environmental protection plant, as pointed out by the spokesman Liao Zhi-cheng, vice general manager, coming to Cambodia is not predatory, but to create a win-win situation with the local residents, and expects to bring better living environment to the local residents.

 

Liao Zhi-cheng thinks, since the wages in China continuously rise plus the business environment is increasingly rigorous, therefore choose to setup the overseas factory. In terms of the current wages, Vietnam is 70% of China, Cambodia is only 40%, in addition, there is no quota restricts for exporting from Cambodia to Europe & America and the great advantage of tax-free, besides, the population of Phnom Penh is 3-million, in which, over 20% are Chinese, therefore, language is not a big issue, consequently, choose Cambodia, coming to Cambodia is not predatory, but to create a win-win situation with the local residents, and expects to bring better living environment to the local residents.

 

 

As indicated by Liao Zhi-cheng, Since the fundamental power generation facilities are insufficient in Cambodia, the electricity charge is 6 to 10 NT dollars per kilowatt hour, it is over 2 times of Taiwan cost, and Governments increasingly emphasis the regulations of factory’s carbon emission, European Union plans to impose the carbon tax to the imported products in accordance with「Carbon Footprint」(Carbon Label) in the future. Under the consideration of pursuing the sustainable operation and taking into the account of corporate social responsibility, Fulgent Sun decides to build the Cambodia plant having both of LED energy saving and solar power green environmental protection. As further indicated by Liao Zhi-cheng, in addition to use the LED lighting equipment able to save power up to 60% for the full plant of Cambodia, and has already started to construct 6000KW of solar energy power generation equipment, adopts the parallel mode of solar power taken precedence, supply mains for the electricity shortage, it is estimated that it will be fully operated on line next month, and the overall cost saving will be up to 40%.

 

Currently, the new Cambodia plant of Fulgent Sun has already acquired Gore-Tex certification, as emphasized by Liao Zhi-cheng, since the technical level of production process of Gore-Tex function shoes product is higher than the general outdoor shoes, and the newly designed shoes style promoted by the brand customer usually has the features of small-volume but large-variety, that causes the unit price of Gore-Tex function outdoor shoes is higher than non-Gore-Tex outdoor shoes product over 50%. In the future, under the advantage of tax-free for exporting from Cambodia to the Europe & America markets, the full production of Gore-Tex outdoor shoes will be implemented, and the mass production will be started from the first quarter of next year.

 

As pointed out by the legal person, Fulgent Sun will enter the seasonal alternation, industry traditional off-season in August, the timing of revenue recognition will be deferred, but will still be grown in comparison with the same period of last year, along with November, North Face products will be shipped in volume, the monthly revenue will be expected to achieve the new record high, plus the production capacity continuously expands and the sales growth of the global outdoor products, under the three arrows shot simultaneously i.e. new product brand, new technology, new production capacity, it is estimated that the earnings per share will be up to 4.5 dollars in the next year, the revenue profit will continuously rise.