Foshan Electrical and Lighting Co., Ltd. Interim Report 2021 (Summary)
Stock Code: 000541, 200541 Stock Name: FSL, FSL-B Announcement No. 2021-058
FOSHAN ELECTRICAL AND LIGHTING CO., LTD.
INTERIM REPORT 2021 (SUMMARY)
Part I Important Notes
This Summary is based on the full text of the Interim Report of Foshan Electrical and Lighting Co., Ltd. (together
with its consolidated subsidiaries, the “Company”, except where the context otherwise requires). In order for a full
understanding of the Company’s operating results, financial condition and future development plans, investors
should carefully read the aforesaid full text, which has been disclosed together with this Summary on the media
designated by the China Securities Regulatory Commission (the “CSRC”).
All the Company’s directors have attended the Board meeting for the review of this Report and its summary.
Independent auditor’s modified opinion:
□ Applicable √ Not applicable
Board-approved interim cash and/or stock dividend plan for ordinary shareholders:
□ Applicable √ Not applicable
The Company has no interim dividend plan, either in the form of cash or stock.
Board-approved interim cash and/or stock dividend plan for preferred shareholders:
□ Applicable √ Not applicable
Part II Key Corporate Information
1. Stock Profile
Stock name FSL, FSL-B Stock code 000541, 200541
Stock exchange for stock listing Shenzhen Stock Exchange
Contact information Board Secretary Securities Representative
Name Huang Zhenhuan Huang Yufen
Office address No. 64, Fenjiang North Road, Chancheng No. 64, Fenjiang North Road, Chancheng
1
Foshan Electrical and Lighting Co., Ltd. Interim Report 2021 (Summary)
District, Foshan City, Guangdong Province, District, Foshan City, Guangdong Province,
P.R.China P.R.China
Tel. 0757-82810239 0757-82966028
E-mail address fsldsh@chinafsl.com fslhyf@163.com
2. Key Financial Information
Indicate by tick mark whether there is any retrospectively restated datum in the table below.
√ Yes □ No
Reason for retrospective restatement:
Business combination involving entities under common control.
H1 2020 Change (%)
H1 2021
Before Restated Restated
Operating revenue (RMB) 1,955,342,116.20 1,522,884,127.04 1,522,884,127.04 28.40%
Net profit attributable to the listed
company’s shareholders (RMB) 110,555,542.93 151,061,447.83 148,896,274.55 -25.75%
Net profit attributable to the listed
company’s shareholders before 98,950,507.51 150,434,836.00 150,434,836.00 -34.22%
exceptional gains and losses (RMB)
Net cash generated from/used in operating
activities (RMB) 45,779,640.52 201,077,703.45 206,334,880.07 -77.81%
Basic earnings per share (RMB/share) 0.0802 0.1095 0.1080 -25.74%
Diluted earnings per share (RMB/share) 0.0802 0.1095 0.1080 -25.74%
Weighted average return on equity (%) 1.82% 2.94% 2.86% -1.04%
31 December 2020 Change (%)
30 June 2021
Before Restated Restated
Total assets (RMB) 8,257,852,503.96 8,519,336,914.11 8,519,336,914.11 -3.07%
Equity attributable to the listed company’s
shareholders (RMB) 5,910,583,239.23 6,263,921,304.54 6,263,921,304.54 -5.64%
3. Shareholders and Their Holdings as at the End of the Reporting Period
Unit: share
Number of preferred shareholders
Number of ordinary
shareholders 72,339 with resumed voting rights (if 0
any)
Top 10 shareholders
Name of Nature of Shareholding Number of Shares in pledge, marked or
Restricted shares
shareholder shareholder percentage shares frozen
2
Foshan Electrical and Lighting Co., Ltd. Interim Report 2021 (Summary)
Status Shares
Hongkong Wah
Shing Holding Foreign legal
Company person 13.47% 188,496,430 0 In pledge 92,363,251
Limited
Prosperity
Lamps & Foreign legal
Components person 10.50% 146,934,857 0
Limited
Guangdong
Electronics
State-owned
Information
legal person 8.77% 122,694,246 0 In pledge 32,532,815
Industry Group
Ltd.
Shenzhen
Rising
State-owned
Investment 5.12% 71,696,136 0
legal person
Development
Co., Ltd.
Essence
International
Foreign legal
Securities 2.45% 34,219,384 0
person
(Hong Kong)
Co., Ltd.
Central Huijin
Asset State-owned
Management legal person 2.42% 33,878,900 0
Co., Ltd.
Rising
Investment Foreign legal
Development person 1.82% 25,484,252 0
Co., Ltd.
China
Merchants
State-owned
Securities 1.04% 14,504,423 0
legal person
(Hong Kong)
Co., Ltd
Foreign natural
Zhuang Jianyi 0.85% 11,903,509 8,927,632
person
DBS VICKERS
(HONG Foreign legal
KONG) LTD person 0.84% 11,790,873 0
A/C CLIENTS
Among the top 10 shareholders, Hongkong Wah Shing Holding Company Limited, Shenzhen
Rising Investment Development Co., Ltd., Guangdong Electronics Information Industry Group
Related or acting-in-concert Ltd. and Rising Investment Development Co., Ltd. are acting-in-concert parties; and Prosperity
parties among the shareholders Lamps & Components Limited and Zhuang Jianyi are acting-in-concert parties. Apart from that,
above it is unknown whether there is among the top 10 shareholders any other related parties or
acting-in-concert parties as defined in the Administrative Measures for the Acquisition of Listed
Companies.
Shareholders involved in
None
securities margin trading (if any)
4. Change of the Controlling Shareholder or the Actual Controller in the Reporting Period
Change of the controlling shareholder in the Reporting Period:
□ Applicable √ Not applicable
The controlling shareholder remained the same in the Reporting Period.
3
Foshan Electrical and Lighting Co., Ltd. Interim Report 2021 (Summary)
Change of the actual controller in the Reporting Period:
□ Applicable √ Not applicable
The actual controller remained the same in the Reporting Period.
5. Number of Preferred Shareholders and Shareholdings of Top 10 of Them
□ Applicable √ Not applicable
No preferred shareholders in the Reporting Period.
6. Outstanding Bonds at the Date when this Report Was Authorized for Issue
□ Applicable √ Not applicable
Part III Significant Events
On 23 June 2021, the 14th Meeting of the Ninth Board of Directors of the Company reviewed and passed the
Proposal on Acquisition of Nanning Liaowang Auto Lamp Co., Ltd., which allowed the Company to acquire the
underlying asset with the equity fund of RMB487.52 million (the total investment does not exceed RMB500 million
and is subject to the actual amount incurred), through equity acquisition, capital increase, and share expansion.
Through the acquisition, the Company can utilize its current technology, capacity, and customer channel to exert a
synergistic effect of both sides, complement each other's advantages, drive the transformation of its auto lighting
business from light sources and modules to supporting manufacturing of auto lamps, strengthen and expand its
auto lighting business, and raise its overall profitability and competitiveness. For further information, see the
Announcement on Acquisition of Nanning Liaowang Auto Lamp Co., Ltd. published by the Company on Cninfo
(www.cninfo.com.cn) on 24 June 2021.
As of the date of this Report, the said acquisition has been completed. The Company holds 53.79% of the equity
in Nanning Liaowang, which has been included in the Company’s consolidated statements.
Foshan Electrical and Lighting Co., Ltd.
Legal representative: Wu Shenghui
25 August 2021
4
