Foshan Electrical and Lighting Co., Ltd (FSL) is subordinated to GUANGDONG RISING HOLDINGS GROUP CO., LTD. FSL was founded in 1958, and was listed on the Shenzhen Stock Exchange in 1993 (Stock code: 000541). FSL has dedicated in lighting industry, including research & development, production, promotion of high-quality green energy-saving products. FSL provides customers with full range of lighting solutions and professional services.FSL has comprehensive strength in the forefront of domestic lighting brands. In 2023, FSL was valued at RMB 31.219 billion, and was selected as the “China’s 500 most valuable brands" for 18 consecutive years.
FSL owns three main production plants in Gaoming of Foshan, Xinxiang of Henan and Nanning of Guangxi.With large-scale production capacity, the annual output of lighting and electrical products exceeds 500 million pcs. In recent years, FSL has focused on the market demand and vigorously optimized the industrial layout. The scopes of business have gradually expanded from the general lighting, automotive lighting and electrical products, to intelligent lighting, animal and plant lighting, health lighting, Marine lighting and other fields, focusing on building a competitive lighting industry cluster. FSL has deeply cultivated the domestic market, established sales channels such as hardware channel, household channel, engineering channel, commercial distribution, e-commerce retail channel and industrial lighting channel, etc. The terminal sales outlets cover all parts of the country. At the same time, FSL actively expand its overseas business. The products are exported to more than 120 countries and regions around the world.Export sales volume accounts for 30% of the total sales. In 2022, FSL achieved a revenue of RMB 8.76 billion.
FSL adheres to innovation-driven development and constantly increases R&D investment.The intensity of R&D investment ranks among the top in the lighting industry. At present FSL has 8 high-tech enterprises, 10 provincial R&D platforms and nearly 1900 authorized patents. FSL always aims at the forefront of lighting core technology. Work with Tsinghua University, Fudan University, Hong Kong University of Science and Technology, Chinese Academy of Sciences and other universities and research institutes to carry out in-depth cooperation in the field of new materials, new technology, intelligent control and so on. Ability of research and development continues to be strengthen.
In the future, FSL will adhere to pursue a better luminous environment with “heart”, by optimizing the industrial layout, strengthening the integration of the industrial chain, promoting scientific and technological innovation, accelerating intelligent manufacturing and digital transformation. FSL will continue to make a large quantity, improve the operating efficiency, enhance the brand value, promote the high quality development of the enterprise to a new stage, and strive to become one of the best lighting company. .