Summary of China Import/Export Tracker and European Capital Goods Industry Overview - The report focuses on the capital goods industry, specifically analyzing 32 product categories relevant to European exports and Chinese imports/exports [3][51]. Key Insights - **Market Share Dynamics**: - Europe currently holds 44% of global capital goods exports, down from 56% in 2005. - China's market share has increased from 6% in 2005 to 22% in 2024, representing a 16 percentage point gain [3][17]. - **Export Growth Trends**: - In June 2025, global export values rose by 21% year-over-year, while import values increased by 9% year-over-year [8]. - Notable growth in Chinese exports includes: - Rail: +46% - Switchgear: +41% - Fibre cable: +40% - Heavy Duty Trucks: +40% - Copper wire: +31% [8][27]. - **Import Declines**: - Significant declines in Chinese imports were observed in: - Tractors: -78% - LED lighting: -40% - Shovel loaders: -39% - Turbochargers: -33% [30]. - **Regional Export Changes**: - Exports to Europe from China have shown substantial increases in categories like switchgear (+99%) and rail (+69%) [32]. - Conversely, exports of marine engines (-34%) and commercial vehicle engines (-27%) have decreased significantly [32]. Competitive Landscape - **Chinese Competition**: - Chinese exports to Europe have grown significantly, particularly in rail and construction equipment, indicating increased competition for European manufacturers [7][10]. - Certain product categories, such as commercial vehicle engines and bearings, have remained relatively insulated from Chinese competition [7]. - **Market Share Risks**: - The report highlights potential risks for European companies in sectors like automotive bearings, energy storage, and construction equipment due to increasing Chinese competition [44][43]. Additional Observations - **Trade Balance Trends**: - China has turned into a net exporter in categories like medium voltage equipment and heat exchangers, while imports have expanded in marine engines [36]. - **Technological Positioning**: - The report notes that the technological positioning of products exported from China may differ significantly from those imported, particularly in high-end industrial robots [54]. - **Long-term Implications**: - The ongoing trends suggest that China is making progress towards self-sufficiency in capital goods, which could impact European exporters negatively, especially in mid- to high-value categories [53]. Conclusion - The analysis indicates a shifting landscape in the capital goods market, with China increasing its competitive presence globally, particularly in Europe. European companies need to be aware of these dynamics and adjust their strategies accordingly to mitigate risks associated with rising Chinese competition.

Overview ORION ENERGY SYSTEMS, INC. LED Lighting & Controls Lighting Maintenance EV Charging orionlighting.com | 1.800.660.9340 | | 1 NASDAQ: OESX JUNE 2025 SAFE HARBOR Certain matters discussed in this press release are "forward-looking statements" intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements will include words such as "an ...

Financial Performance - LSI Industries Inc's Q4 FY15 net sales increased by 3% to $76073 thousand from $73858 thousand in Q4 FY14 [5] - The company's Q4 FY15 operating income as reported was $2193 thousand, compared to a loss of $946 thousand in Q4 FY14 [5] - LSI Industries Inc's full year FY15 net sales increased by 3% to $307857 thousand from $299463 thousand in FY14 [8] - The company's full year FY15 operating income as reported increased by 225% to $7533 thousand from $2318 thousand in FY14 [8] - Full year FY15 net income as reported increased by 454% to $5151 thousand from $930 thousand in FY14 [8] Segment Performance - Lighting segment net sales for Q4 FY15 were $55538 thousand, compared to $55011 thousand in Q4 FY14 [10] - Graphics segment net sales for Q4 FY15 were $15239 thousand, compared to $10603 thousand in Q4 FY14 [10] - Technology segment net sales for Q4 FY15 were $5296 thousand, compared to $8031 thousand in Q4 FY14 [10] - Lighting segment operating income for Q4 FY15 was $3545 thousand, compared to $1846 thousand in Q4 FY14 [13] - Graphics segment operating income for Q4 FY15 was $358 thousand, compared to a loss of $936 thousand in Q4 FY14 [13] Balance Sheet and Dividends - Cash dividend of $003 per share is payable on September 8th [17]