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

1Foshan 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

4348268999.31955342116.23626200260.1

Operating revenue (RMB) 19.91%

107

Net profit attributable to the listed

160664433.28110555542.93122377552.6031.29%

company’s shareholders (RMB)

Net profit attributable to the listed

company’s shareholders before 160862524.18 98950507.51 91188366.07 76.41%

exceptional gains and losses (RMB)

Net cash generated from/used in

150034906.3945779640.52446213006.20-66.38%

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

14393387239.9699592528.616317843693.

Total assets (RMB) -11.79%

50147

Equity attributable to the listed 5373874037.5 5800558588.3 6986502976.7

-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 68196 0

resumed voting rights (if any)

Top 10 shareholders

Shares in pledge marked

Name of Nature of Shareholding

Number of shares Restricted shares or frozen

shareholder shareholder percentage

Status Shares

Hongkong Wah

Foreign

Shing Holding 13.84% 188496430 In pledge 92363251

legal person

Company Limited

Prosperity Lamps &

Foreign

Components 10.89% 146934857

legal person

Limited

Guangdong

Electronics State-owned

9.01% 122694246 In pledge 32532815

Information legal person

Industry Group Ltd.Guangdong Rising

State-owned

Holdings Group 6.10% 83130898

legal person

Co. Ltd.Essence

International Foreign

2.65%36138459

Securities (Hong legal person

Kong) Co. Ltd.Central Huijin Asset State-owned 2.43% 33161800

2Foshan Electrical and Lighting Co. Ltd. Interim Report 2022 (Summar

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Management Co. legal person

Ltd.Rising Investment

Foreign

Development 1.87% 25482252

legal person

Limited

China Merchants

State-owned

Securities (Hong 1.06% 14448307

legal person

Kong) Co. Ltd

Foreign

Zhuang Jianyi natural 0.87% 11903509 8927632

person

DBS VICKERS

Foreign

(HONG KONG) 0.72% 9744456

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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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 18952995

repurchased A shares and 18398512 repurchased B shares would be retired totalling 37351507 shares. On 8

February 2022 the above-mentioned shares were retired and the total share capital of the Company was

changed from 1399346154 shares to 1361994647 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 132819895 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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