Foshan Electrical and Lighting Co., Ltd. Interim Report 2022 (Summar
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Stock Code: 000541, 200541 Stock Name: FSL, FSL-B Announcement No. 2022-055
FOSHAN ELECTRICAL AND LIGHTING CO., LTD.
INTERIM REPORT 2022 (SUMMARY)
Part I Important Notes
This Summary is based on the full 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
No. 64, Fenjiang North Road, No. 64, Fenjiang North Road,
Office address Chancheng District, Foshan City, Chancheng District, Foshan City,
Guangdong Province, P.R.China Guangdong Province, P.R.China
Tel. （0757）82810239 （0757）82966028
E-mail address fsldsh@chinafsl.com fslhyf@163.com
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Foshan Electrical and Lighting Co., Ltd. Interim Report 2022 (Summar
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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 2021 Change (%)
H1 2022
Before Restated Restated
4,348,268,999.3 1,955,342,116.2 3,626,200,260.1
Operating revenue (RMB) 19.91%
1 0 7
Net profit attributable to the listed
160,664,433.28 110,555,542.93 122,377,552.60 31.29%
company’s shareholders (RMB)
Net profit attributable to the listed
company’s shareholders before 160,862,524.18 98,950,507.51 91,188,366.07 76.41%
exceptional gains and losses (RMB)
Net cash generated from/used in
150,034,906.39 45,779,640.52 446,213,006.20 -66.38%
operating activities (RMB)
Basic earnings per share (RMB/share) 0.1191 0.0820 0.0907 31.31%
Diluted earnings per share (RMB/share) 0.1180 0.0812 0.0899 31.26%
Weighted average return on equity (%) 2.68% 1.82% 1.69% 0.99%
31 December 2021 Change (%)
30 June 2022
Before Restated Restated
14,393,387,239. 9,699,592,528.6 16,317,843,693.
Total assets (RMB) -11.79%
50 1 47
Equity attributable to the listed 5,373,874,037.5 5,800,558,588.3 6,986,502,976.7
-23.08%
company’s shareholders (RMB) 7 4 2
3. Shareholders and Their Holdings as at the End of the Reporting Period
Unit: share
Number of preferred shareholders with
Number of ordinary shareholders 68,196 0
resumed voting rights (if any)
Top 10 shareholders
Shares in pledge, marked
Name of Nature of Shareholding or frozen
Number of shares Restricted shares
shareholder shareholder percentage
Status Shares
Hongkong Wah
Foreign
Shing Holding 13.84% 188,496,430 In pledge 92,363,251
legal person
Company Limited
Prosperity Lamps &
Foreign
Components 10.89% 146,934,857
legal person
Limited
Guangdong
Electronics State-owned
9.01% 122,694,246 In pledge 32,532,815
Information legal person
Industry Group Ltd.
Guangdong Rising
State-owned
Holdings Group 6.10% 83,130,898
legal person
Co., Ltd.
Essence
International Foreign
2.65% 36,138,459
Securities (Hong legal person
Kong) Co., Ltd.
Central Huijin Asset State-owned 2.43% 33,161,800
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Foshan Electrical and Lighting Co., Ltd. Interim Report 2022 (Summar
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Management Co., legal person
Ltd.
Rising Investment
Foreign
Development 1.87% 25,482,252
legal person
Limited
China Merchants
State-owned
Securities (Hong 1.06% 14,448,307
legal person
Kong) Co., Ltd
Foreign
Zhuang Jianyi natural 0.87% 11,903,509 8,927,632
person
DBS VICKERS
Foreign
(HONG KONG) 0.72% 9,744,456
legal person
LTD A/C CLIENTS
Among the top 10 shareholders, Hongkong Wah Shing Holding Company Limited,
Guangdong Rising Holdings Group Co., Ltd., Guangdong Electronics Information Industry
Group Ltd. and Rising Investment Development Limited are acting-in-concert parties; and
Related or acting-in-concert parties
Prosperity Lamps & Components Limited and Zhuang Jianyi are acting-in-concert parties.
among the shareholders above
Apart from that, 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 securities
None
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.
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
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
1. Retirement of shares
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Foshan Electrical and Lighting Co., Ltd. Interim Report 2022 (Summar
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The Company held the 26th Meeting of the Ninth Board of Directors on 14 January 2022, where the Proposal
on Retirement of Some Shares in the Company's Repurchase Special Securities Account was deliberated and
approved. The Board of Directors agreed to use the repurchased 13 million A shares for the equity incentive
plan. After deducting the 13 million A shares used for the equity incentive plan, the remaining 18,952,995
repurchased A shares and 18,398,512 repurchased B shares would be retired, totalling 37,351,507 shares. On 8
February 2022, the above-mentioned shares were retired, and the total share capital of the Company was
changed from 1,399,346,154 shares to 1,361,994,647 shares.
2. Acquisition of NationStar
The Company held the 19th meeting of the ninth Board of Directors and the Third Extraordinary General
Meeting of Shareholders for the year 2021 on 27 October 2021 and 31 December 2021, respectively, where the
“Report on Major Asset Purchase and Related Party Trading (Draft) and Its Summary” and other proposals
related to this trading was deliberated and adopted. It was agreed that the Company will purchase, at the price of
RMB1.517 billion in cash, a 21.32% interest held by Rising Group and its acting-in-concert parties in
NationStar. As of February 2022, the ownership transfer had been completed with respect to the aforesaid
interest, and the Company had paid the consideration in full. Currently, the Company and its subsidiaries
combined hold 132,819,895 shares (or 21.48%) of NationStar, making the Company the controlling shareholder
of NationStar.
Wu Shenghui, legal representative
Foshan Electrical and Lighting Co., Ltd.
30 August 2022
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