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Foshan Electrical and Lighting Co., Ltd. (FSL Lighting), with a history dating back to 1958, is a prominent lighting business in China. Headquartered in Foshan, China, FSL Lighting has more than 9,000 employees and 5 manufacturing bases located in Foshan, Xinxiang (Henan province) and Nanjing (Jiangsu province) respectively. These manufacturing facilities cover a total land area of 1,600,000 square meters. FSL Lighting specializes in the design, development, manufacturing and distribution of a comprehensive portfolio of products across the full range of applications in residential, commercial, outdoor, and automotive lighting. Since 1993 FSL has been a public company listed in Shenzhen Stock Exchange (Stock Code: 000541).
With its many decades of experience, strong in-house capabilities, and a rich culture founded on innovation, FSL Lighting sets the pace in the lighting industry and has been prominently distinguished from its competition. In 2004 Osram became the first majority shareholder of FSL Lighting in an effort to expand its lighting market share in China by leveraging FSL's low cost manufacturing infrastructure. The success of this marriage remains a disputable topic but reflected FSL's unique industry influence and business value that contributed to Osram's continuously rapid growth in China. In September, 2015 Osram sold its own 13.5% share in FSL to China's Guangdong Rising Assets Management Co. which soon becomes FSL's controlling shareholder after their successive moves to increase their stake in the stock market. The return to management by State-Owned enterprise gives FSL new momentum and accelerates the company's growth and value creation.
FSL Lighting's unrivalled product strength has been built on its pure commitment to cost-driven innovations. Despite its effort of continuously expanding its portfolio of products, the company's core competencies have been low cost mass-production of light bulbs and tubes. FSL's flagship lighting solutions span across generations of lighting technologies, from incandescent bulbs, tungsten halogen bulbs, fluorescent and CFL lamps to the most recent evolution to LED lighting technology that is giving birth to amazing new possibilities. FSL Lighting has built itself a unique blend of advantages that have been maximizing the value of technological innovation and ultimately drive unparalleled profitability.
The technology shift from conventional lighting to LED based solid state lighting has been a painful process. It's the tradition of relentless innovation that makes FSL Lighting stand out in the global market. Being one of China's largest manufacturers of fluorescent tubes, FSL Lighting's footprint in LED lighting is breathtaking. Today the company is the largest manufacturer of T8 LED tube lights in the world, with a monthly capacity as high as 10 million pieces! FSL made an inventive stride that redefined what's possible with LED lighting. The advent of low cost, high output glass LED tube by FSL sets the benchmark for cost-driven innovations by completely outperform the expensive aluminum extrusion + PC cover LED tubes in terms of cost, lumen output, and beam spread.
In the hyper-competitive lighting market, FSL remains to be one of the most profitable lighting manufacturers in China. In 2016 the company reported a net profit of RMB 1.077 billion out of the RMB 3.366 billion total revenue. FSL Lighting is distinguished by breakthrough technology, manufacturing excellence, and economies of scale. FSL's mass production facilities are operated under vertically integrated manufacturing systems which eliminate the multilevel markups prevalent in the industry and maximize the company's capability of quality control. FSL Lighting is continually expanding its LED product line to bring the market a variety of sustainable, economical lighting options. From LED bulbs, LED tubes, interior light fixtures, and outdoor architectural lights to vehicle LED bulbs, FSL Lighting goes the extra mile to make a difference.
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