Foshan Lighting is a veteran lighting company, in the traditional lighting era enjoys the reputation of "China's lamp king", as early as 1993 has been listed, is China's earliest listed lighting enterprises, on qualifications, Foshan Lighting is NVC, Opple's predecessors.
In the era of traditional lighting, Foshan Lighting has won the position of the leader with incandescent lamps and fluorescent lamps, and has been rated as "Top 100 Listed Companies in China" by Hong Kong's "Asia Weekly". However, after the entire industry entered the LED era, the company's performance declined seriously due to the lack of production technology of LED chips and electronic components in the middle and upper reaches of Foshan Lighting, coupled with the sluggish growth of traditional business and the change of management.
However, after reaching the cooperation with Rising Company, with the advantages of Foshan Lighting in downstream sales channels and the advantages of Rising in the field of chips and packaging in the middle and upper reaches, a complete LED industry chain has been formed, and Foshan Lighting has also changed its declining trend, with a year-on-year increase of 10.50% in revenue in 2019.
In 2020, the market value of Foshan Lighting is about 8 billion yuan, which is the third largest lighting company in China, and the analysis report of "China's 500 Most Valuable Brands" released by the World Brand Laboratory in 2020 also corroborates this, and the brand value of Foshan Lighting is 18.236 billion yuan, ranking third in China's lighting industry.
In terms of chandeliers, Foshan lighting has achieved a good balance between practicality and appearance: the light source has good color rendering, the light is soft, the constant current drive is safe and stable, and there are many styles, mainly European, American, modern, and new Chinese, most of which are traditional chandeliers, which can be round or square, and most of the chandeliers are not high, within 2000 yuan, which can meet different needs.