January 16, 2021

Foshan Lighting terminates planning and mergers and acquisitions today

Foshan Lighting (000541.SZ) announced on the evening of September 8 that the company's stock was suspended due to the company's planning of major mergers and acquisitions with Bain Capital (Hong Kong) Co., Ltd.

During the suspension period, the company actively communicated with all parties and made efforts to promote related work. However, due to the complicated situation and the lack of agreement on related matters, the company decided to terminate the planning of the major merger and acquisition. After applying to the Shenzhen Stock Exchange, the company's shares (including A shares and B shares) will resume trading on September 9, 2015.

On the evening of August 25, Foshan Lighting announced that it is planning major mergers and acquisitions with Bain Capital (Hong Kong) Co., Ltd. Industry rumors may be related to the acquisition of assets related to Osram Lighting.

According to the financial report, from January to June 2015, Foshan Lighting's operating income was 1.524 billion yuan, down 1.21% year-on-year; net profit attributable to shareholders of listed companies fell sharply by 46.94% year-on-year to only 100 million yuan.

Data show that in the first half of the year, Foshan Lighting's traditional lighting business revenue was 767 million yuan, down 30.65% year-on-year; LED lighting revenue was 744 million yuan, up 76.86% year-on-year, and LED business accounted for 48.82%.

grow light spider series has 4pcs to 10pcs led strips lights which consist of the whole grow light, the light can be 180 degree folding, it has higher efficiency and more energy saving compare to t5 grow lights. 

ZY Grow Light is one of the best solutions for various farming systems.

Our plant growth lamp is a full spectrum lamp, which can meet the growth needs of plants throughout their life cycle from seed stage, germination, flowering to fruiting. One product meets all the needs of agricultural investors.

bar series led grow light mainly divides into two kinds: folding grow lights and non-folding grow lights.

You can differ each other from the pictures directly.

Both two kinds have from 4 strips to 10 strips even 12 or more stripss if customer need.Our products can be customized to match special or different requirements.


Grow Light Spider

spider farmer led, spider plant light, spider led grow light

Shenzhen Zhenyang Century Technology Ltd. , https://www.growlightzy.com