Founded in 1958, FSL is a second-tier enterprise directly under Guangdong Rising Holdings Group Co., Ltd., a state-owned key enterprise in Guangdong Province. After 67 years of reform, innovation, and development, we have grown into a leading enterprise in China's lighting industry. In February 2024, FSL was recognized as a 'Chinese Time-honored Brand,' selected as one of 'Asia's Top 500 Most Valuable Brands' with a valuation of RMB 39.382 billion, and acknowledged as the leading enterprise in Guangdong Province's manufacturing industry. We have 7 independent subsidiary companies and multiple production bases in Foshan Gaoming, Henan Xinxiang and Guangxi Nanning, with large-scale production capabilities and approximately 12,000 employees.
In recent years, FSL has been continuously optimizing and reinforcing its industrial chain. We have formed a full LED industrial chain covering the upstream chip manufacturing, midstream LED packaging, and downstream LED application sectors. FSL has conducted acquisitions and hold controlling stakes in listed companies such as Foshan NationStar Semiconductor Technology Co., Ltd, Nanning Liaowang Auto Lamp Co.,Ltd.,Hule Electrical Equipment Manufacturing Co.,Ltd, and Beijing Hangxin, opening up new arenas in intelligent, healthcare, marine, airport, botanical and sports lighting. As of October 2024, FSL has a total of 13 high-tech enterprises and 24 provincial research and development platforms, authorized with over 2,200 patents.
FSL will continue focusing on optimizing its industrial chain, value chain and innovation chain. Adhering to the overall philosophy of "modernizing existing business lines and scaling up new sectors," the company will further expedite the vertical integrated development along the industrial chain and increase investment in new business areas. The objectives are to establish a LED lighting industrial cluster with international competitiveness, enhance operating and economic effectiveness, elevate brand equity, and facilitate the enterprise's long-term quality-driven development through continuous advancement, so as to achieve new outcomes and impacts. FSL is fully committed to promoting the sustainable upgrading and transformation of the local lighting industry.