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  • Interactive Q&A: Brian Lin, CEO of China Fire and Security Group, Inc. (CFSG.OB) [View article]
    Frank,

    1. As a corporate policy, we don’t provide guidance on anything related to our financials. However, as a leader in China’s industrial fire protection industry, we certainly expect to have certain percentage of the market opportunities. We have moved our major manufacturing to a leased facility in Tianjin to support our continued growth.

    2. CFSG has been providing fire protection total solutions for industrial clients in China with only a few contracts overseas. I agree with you that we should have cost advantages compared with our multinational competitors but we need to have a formal strategy laid out before we enter into international market place.

    3. Chinese LHD standard is higher than the internationally accepted UL standard. Until today, none of the multinational companies have passed the latest Chinese LHD standards. From this perspective, CFSG does have the advantage of delivering certified products for Chinese market.

    Brian
    Jul 10 01:58 am |Rating: 0 0
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