2016-08-31

Foshan Lighting Warns of Unauthorized UL Mark on LED T8

The following is a notification from Foshan Electrical and Lighting that the retrofit LED tubes do not comply with UL's safety requirements and are not authorized to bear the UL Mark for the U.S. and Canada.
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2016-08-26

[Flash News] Feilo Acoustic, cnlight and Foshan Lighting Investment Announcements

Chinese LED manufacturers Feilo Acoustic, cnlight and Foshan Lighting announced their latest financial investments and developments.
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2016-03-28

Foshan Lighting’s Net Profits in 2015 Hurt by Investor Lawsuit

Investor lawsuits have caused Foshan Lighting’s net profits to plummet 79.93% in 2015 to RMB 53 million (US $8.15 million), while annual revenue dropped 6.26% YoY to RMB 2.88 billion, according to a company statement.
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2015-12-29

SASAC Guangdong Branch Heads Foshan Lighting’s New Board

Foshan Lighting held its first stakeholder meeting of 2015 on December 25. The meeting approved the election of non-independent directors and other agenda. Among FSL’s six new non- independent director members, five went to members from State- owned asset Supervision and Administration Commission of Guangdong Province and won the election with high votes. In addition, He Yong, with State-owned Assets Supervision and Administration Commission of Guangdong Province background, was selected as chairman of the FSL boards.
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2015-10-13

GRAM’s Motive in Investing in Nationstar and Foshan Lighting

Two years ago, Guangdong Rising Assets Management (GRAM) was a relatively unheard name in China’s LED lighting industry, but recently it has become one of the most recognized companies in the local LED industry, according to a Dazhaoming report. The motives behind the state-owned enterprise’s investments in top Chinese LED players Nationstar and Foshan Lighting reflect the involvement of important government strategies.
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2015-09-10

LEDinside: Osram Boosts Lighting Business Value by Selling Stake in Foshan Lighting

Osram announced Wednesday it would be selling its 13.5% stake in Foshan Electrical and Lighting (Foshan Lighting) to a subsidiary of Guangdong Rising Assets Management (GRAM) for more than EUR 350 million (US $392.51 million).
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2014-12-30

Foshan Lighting Acquires RMB 400 Million Purchase Agreement

Foshan Lighting announced it signed a RMB 400 million (US $64.24 million) agreement with a distributor, according to a company announcement on Monday.
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2014-12-04

Foshan Lighting’s Deceptive Financial Statement Case Enters Second Trial

The seven plaintiffs involved in the Foshan Lighting’s misleading financial statement case received notices on Thursday from the Guangzhou City Intermediate People's Court that the case has entered second trial, according to a QQ.com report.
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2014-03-04

Foshan Lighting Appeal To Change Court District Rejected

The Guangzhou Intermediate People’s Court in China has rejected Foshan Lighting’s appeal to transfer the case to Foshan Intermediate Court, according to a report by Chinese-language Securities Times. The Chinese LED manufacturer received a ticket from China Securities Regulatory Commission’s Guangdong branch nearly a year ago on March 7, 2014 over stock frauds.
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2013-10-23

Foshan Lawsuit Court Hearing Moved Back 6 Months

In the latest development of Foshan Electrical and Lighting Co., Ltd. (Foshan Lighting) investor lawsuit, the company has contested jurisdiction causing a six months postponement of the court hearing. In late Sept. this year, 515 investors filed compensation lawsuits against the company due to misrepresentation of company finances. The case’s first court hearing was scheduled for Oct. 22, 2013 at Guangzhou Intermediate People’s Court, China.
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2013-10-11

Court Hearings Against Foshan Lawsuits Begin Mid-October

A total of 515 investors have filed lawsuits against Foshan Electrical Lighting (FSL). Guangzhou Municipal Court will begin court hearings on October 22, 2013. Guangzhou Municipal Intermediate People’s Court judge has revealed that the court accepted the case of over 900 accumulated lawsuits totaling RMB $100 million (US$16,343).
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2013-09-23

515 People File Legal Action Against Foshan Lighting

Chinese lighting manufacturer Foshan Electrical and Lighting announced that the company received a “voucher” and “notice of response to action” by the Guangzhou Municipal Intermediate People’s Court accepting the civil case filed against the company byt 515 people for a misrepresentation of security liability dispute.
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2012-10-12

Foshan Lighting Wins the Bid for LED Lamps on 2012 Solid-State Lighting Product Subsidy

Chinese government has completed the bidding process for the 2012 Solid-State Lighting Product Subsidy. And Foshan Electrical and Lighting Co., Ltd. (Foshan Lighting) has announced to win the bid for 400,000 units LED lamps. According to the company, the winning products including LED downlight (4 inches / 12 w) and LED light (PAR30/8 w, PAR 38/12 w). These LED lighting products are only sold in mainland China, but the areas for popularization are not limited. And in the promotion of sales within the quota of the products, the company has the right to e...
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Cree announces the commercial availability of the XLamp® XD16 LED, the industry’s first Extreme Density LED, which delivers up to 5 ½ times higher lumen density than Cree’s previous generation of high power LEDs.

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LG Innotek today announced that the company has developed the world's first 100mW (mill watts) UV-C LED. This development is 2 years ahead of the industry forecast that predicted its development would be successful by 2020.

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