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China Security & Surveillance Technology, Inc.

 
Hoover's Company Profiles:

China Security & Surveillance Technology, Inc.

(NYSE:CSR)
Contact Information
China Security & Surveillance Technology, Inc.
13/F, Shenzhen Special Zone Press Tower, Shennan Road, Futian District
Shenzhen, Guangdong 518034, China
Tel. +86-755-8351-0888
Fax +86-755-8351-5344

Type: Public
On the web: http://www.csst.com
Employees: 3,500
Employee growth: 0.0%

Despite the order of its name, China Security & Surveillance Technology (CSST) proposes that surveillance leads to security. To that end, CSST makes, distributes, installs, and maintains surveillance systems and safety products, as well as develops related software, through its Chinese subsidiaries. It also offers turnkey security installation and consultation to non-profit, commercial, and government entities. Government agencies represent nearly half the company's sales, which are mostly derived from one-time installation packages rather than on-going monitoring fees. CSST manufactures its wares at its plant in Shenzhen. The company was formed as Apex Wealth Enterprises in 2002 and renamed CSST in 2006.

Key numbers for fiscal year ending December, 2010:
Sales: $684.7M
One year growth: 17.9%
Net income: $77.4M
Income growth: 36.8%

Officers:
Chairman and CEO: Guoshen Tu
COO: Lizhong Wang
Vice Chairman and CFO: Terence Yap

Competitors:
GE
Honeywell International
Samsung Group

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