Foshan Electrical and Lighting Co. Ltd. Interim Report 2024 (Summary)

Stock Code: 000541 200541 Stock Name: FSL FSL-B Announcement No. 2024-050

FOSHAN ELECTRICAL AND LIGHTING CO. LTD.INTERIM REPORT 2024 (SUMMARY)

1Foshan Electrical and Lighting Co. Ltd. Interim Report 2024 (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. 8 Zhihui Road Chancheng District No. 8 Zhihui Road Chancheng District

Office address Foshan City Guangdong Province 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:

2Foshan Electrical and Lighting Co. Ltd. Interim Report 2024 (Summary)

Other reason

H1 2023 Change (%)

H1 2024

Before Restated Restated

Operating revenue

4784545767.424566062729.024566062729.024.78%

(RMB)

Net profit attributable

to the listed company’s 192229182.38 168935232.54 168935232.54 13.79%

shareholders (RMB)

Net profit attributable

to the listed company’s

shareholders before 178842912.77 180389211.53 180914198.99 -1.14%

exceptional gains and

losses (RMB)

Net cash generated

from/used in operating 384593044.61 387869057.20 387869057.20 -0.84%

activities (RMB)

Basic earnings per

0.12520.12520.12520.00%

share (RMB/share)

Diluted earnings per

0.12410.12400.12400.08%

share (RMB/share)

Weighted average

3.02%3.23%3.23%-0.21%

return on equity (%)

31 December 2023 Change (%)

30 June 2024

Before Restated Restated

Total assets (RMB) 17074410700.64 16934439915.02 16934439915.02 0.83%

Equity attributable to

the listed company’s 6274369252.81 6285442808.19 6285442808.19 -0.18%

shareholders (RMB)

Note: The Company has adopted the Explanatory Announcement No. 1 on Information Disclosure for

Companies Offering Their Securities to the Public—Exceptional Gain/Loss Items (Revised in 2023) for the

current period and carried out the relevant retrospective restatements for the same period of last year.

3. Shareholders and Their Holdings as at the End of the Reporting Period

Unit: share

Number of ordinary Number of preferred shareholders with

727420

shareholders resumed voting rights (if any)

Top 10 shareholders (exclusive of shares lent in refinancing)

Shareholdi Shares in pledge marked

Name of Nature of

ng Number of shares Restricted shares or frozen

shareholder shareholder

percentage Status Shares

Hongkong

Wah Shing

Foreign

Holding 12.52% 193915480 0 N/A 0

corporation

Company

Limited

Prosperity

Lamps & Foreign

9.49% 146934857 0 N/A 0

Component corporation

s Limited

Guangdong

Electronics State-

Informatio owned 8.49% 131439546 0 N/A 0

n Industry corporation

Group Ltd.

3Foshan Electrical and Lighting Co. Ltd. Interim Report 2024 (Summary)

Guangdong

Rising State-

Holdings owned 8.38% 129826793 46695895 N/A 0

Group Co. corporation

Ltd.Essence

Internation

al

Foreign

Securities 2.50% 38645124 0 N/A 0

corporation

(Hong

Kong)

Limited

Central

Huijin State-

Asset owned 2.14% 33161800 0 N/A 0

Manageme corporation

nt Co. Ltd.Rising

Investment Foreign

1.65% 25482252 0 N/A 0

Developme corporation

nt Limited

Hong Kong

Securities

Foreign

Clearing 1.36% 21004044 0 N/A 0

corporation

Company

Limited

Zhang Domestic

1.10% 17000000 0 N/A 0

Shaowu individual

Zhuang Foreign

0.77% 11903509 8927632 N/A 0

Jianyi individual

Among the top 10 shareholders Hongkong Wah Shing Holding Company Limited Guangdong

Rising Holdings Group Co. Ltd. Guangdong Electronics Information Industry Group Ltd. and

Related or acting-in-

Rising Investment Development Limited are acting-in-concert parties; and Prosperity Lamps &

concert parties among the

Components Limited and Zhuang Jianyi are acting-in-concert parties. Apart from that it is unknown

shareholders above

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 margin trading None

(if any)

5% or greater shareholders top 10 shareholders and Top 10 unrestricted shareholders involved in refinancing

shares lending

□Applicable □ Not applicable

Changes in top 10 shareholders and top 10 unrestricted shareholders due to refinancing shares lending/return

compared with the prior period

□Applicable □ Not applicable

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

4Foshan Electrical and Lighting Co. Ltd. Interim Report 2024 (Summary)

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

1. On 6 December 2023 and 22 December 2023 the Company respectively held the 49th meeting of the 9th

Board of Directors and the Second Extraordinary General Meeting of 2023 which approved the Proposal on

the Disposal of Assets of the Company and Signing of Reserve Agreement and agreed that the Company would

sign the Letter of Intent on Land Reserve with Foshan City Chancheng District Zumiao Street Office and sign

the State-owned Land Use Right Reserve Agreement with Foshan City Chancheng District Land Reserve Center

and Foshan City Chancheng District Zumiao Street Office. After completing the preliminary land preparation

work such as demolition of buildings on the ground in accordance with relevant laws regulations and policies

the No. 64 Fenjiang North Road land parcel in Chancheng District Foshan City would be handed over in three

years batch by batch for pending expropriation. On 1 February 2024 the Company formally signed the State-

owned Land Use Right Reserve Agreement with Foshan City Chancheng District Land Reserve Center and

Foshan City Chancheng District Zumiao Street Office. The Company would conduct pending expropriation of

Lot No. 64 Fenjiang North Road in accordance with the relevant contents of the agreement. The Company will

continue to follow up on the progress of pending expropriation and fulfill its information disclosure obligations

in a timely manner in accordance with relevant laws regulations and normative documents.Foshan Electrical and Lighting Co. Ltd.Legal representative: Wan Shan

30 August 2024

5