佛山电器照明股份有限公司关于 控股子公司受让基金认缴出资份额暨 股票简称：佛山照明（A 股） 粤照明 B（B 股） 股票代码：000541 （A 股） 200541（B 股） 公告编号：2025-033 托管人名称：兴业银行股份有限公司 备案日期：2025 年 6 月 25 日 备案编码：SAZZ04 关联交易的进展公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 一、交易概述 为进一步优化资本结构、提升资金运作效率及效益，公司控股子公 司佛山市国星光电股份有限公司（以下简称"国星光电"）以零对价受让 广东省广晟资本投资有限公司持有的广东广晟百千万高质量发展产业 投资母基金合伙企业（有限合伙）1,120 万元基金份额对应的认缴权。 具体内容详见公司于 2025 年 5 月 22 日在巨潮资讯网披露的《关于控 股子公司受让基金认缴出资份额暨关联交易的公告》。 二、交易进展情况 近日，国星光电收到基金管理人通知，该基金已完成上述份额转 让事项的工商变更登记手续，同时，在中国证券投资基金业协会完成 备案手续，取得《私募投资基金备案证明》，具体备案信息如下： 基金名称 ...

Core Viewpoint - The article highlights the strong momentum in the retail market driven by the "618" shopping festival and government subsidies, with Foshan Lighting seizing the opportunity to promote its products and services, particularly in the context of consumption upgrades and sustainability initiatives [1][2]. Group 1: Market Performance and Consumer Trends - In the first four months of the year, China's total retail sales of consumer goods reached 16.18 trillion yuan, a year-on-year increase of 4.7% [1]. - The growth in commodity consumption is accelerating, with notable increases in sales of green, smart, and health products, as well as a positive trend in online and offline retail [1]. - Foshan Lighting has effectively utilized the "618" shopping festival and government subsidy policies to enhance consumer engagement and drive sales [2]. Group 2: Promotional Strategies and Consumer Engagement - Foshan Lighting has launched exclusive subsidy channels on major e-commerce platforms, offering consumers discounts of 15%-30% on various products, including desk lamps and ceiling lights [2]. - During the "618" promotion, Foshan Lighting's official store on Tmall offered discounts of up to 32% when combined with national subsidies, along with home installation services to improve customer experience [3]. - The company actively participates in various offline events and promotions, leveraging its extensive network of over 100 core stores to enhance brand visibility and consumer interaction [5]. Group 3: Product Innovation and Development - Foshan Lighting has invested over 1.6 billion yuan in product research and development since 2022, employing over 2,000 R&D personnel to advance LED technology and address industry challenges [10]. - The company has developed a range of innovative products, including an award-winning "smart home system for the elderly," which integrates various advanced technologies to meet the needs of senior citizens [8][9]. - Foshan Lighting's commitment to sustainability is reflected in its focus on green and intelligent lighting solutions, aligning with national policies aimed at promoting consumption upgrades [8][11]. Group 4: Industry Standards and Future Outlook - The company has been actively involved in the development of national standards for lighting products, which are set to be implemented in November 2025, enhancing product quality and consumer safety [11]. - Foshan Lighting aims to continue its role as a "value creator in light" and a "service provider for a better lighting life," focusing on diverse consumer needs and contributing to stable economic growth [11].

Group 1 - The core viewpoint is that the aging lighting market is an emerging opportunity for LED lighting companies, but the penetration rate of specialized aging lighting modifications is currently below 5% in China, facing challenges such as a lack of standards [3][6][7] - The "silver economy" market, which is valued in trillions, is increasingly recognized, with the elderly population in China projected to exceed 300 million by 2024, accounting for 22% of the total population [4][6][7] - Companies are shifting from price competition to developing high-value-added products, with smart lighting, human-centric lighting, and health lighting being key development directions [3][4] Group 2 - Major LED companies, including Mulinson and Foshan Lighting, are experiencing varying degrees of performance decline due to external trade environment changes and industry price drops [4][5] - The integration of AI technology into aging lighting solutions is seen as a new opportunity, with companies like Signify launching products that monitor elderly individuals' safety [4][5] - The current lack of standards for aging lighting leads to the prevalence of "pseudo-aging lighting products," highlighting the need for research and development of appropriate lighting formulas based on the physiological needs of the elderly [6][7][8] Group 3 - The aging population presents unique physiological challenges, such as reduced light transmission in the eyes, necessitating tailored lighting solutions to enhance safety and well-being [7][8] - The market for home modifications for the elderly is estimated to be worth 3 trillion yuan, yet the penetration of specialized lighting modifications remains low [7][8] - A proposed solution involves creating a "medical-industry-policy" triangle to establish clinical databases and develop dynamic lighting formulas that cater to various health conditions [8]

Investment Rating - The report highlights the deep-sea technology sector as a strategic emerging industry, with a projected global market size exceeding $500 billion by 2025, growing at an annual rate of over 15% [1][4]. Core Insights - The report emphasizes the rapid development of the global deep-sea technology market, with significant investment opportunities in sub-sectors such as deep-sea equipment manufacturing, resource exploration, and deep-sea biomedicine [1][4]. - The Chinese deep-sea economy is expected to reach approximately $3.25 trillion by 2025, accounting for 25% of the total marine economy, with a growth rate exceeding 20% [43][44]. Summary by Sections Industry Overview - The deep-sea technology sector has been recognized as a key area for strategic development, with the Chinese government prioritizing its growth in the 2025 Government Work Report [1][4]. - The global deep-sea technology market is projected to surpass $500 billion by 2025, with a compound annual growth rate (CAGR) of over 15% [1][4]. Industry Status - The report indicates that the global deep-sea technology market is experiencing rapid growth, with the deep-sea oil and gas sector remaining a cornerstone, while emerging fields like underwater mining and underwater vehicles are also expanding significantly [37][39]. - The underwater mining market is expected to grow from approximately $3.7 billion in 2024 to $15.9 billion by 2029, with a CAGR of 33.7% [37][39]. Investment Strategy - The report suggests focusing on investment opportunities in extreme environment equipment that relies on high-strength titanium alloys, nanocomposite materials, and intelligent control systems [4][37]. - Short-term strategies include capitalizing on domestic replacements driven by policy support, while long-term strategies should focus on breakthroughs in materials and core components [4][37]. Industry Chain and Key Enterprises - The report categorizes the industry chain into upstream (materials and technology), midstream (precision components and complete equipment), and downstream (applications and commercialization scenarios) [52][53]. - Key players in the upstream segment include companies like Western Materials and BaoTi Co., while midstream players include China Shipbuilding and China Heavy Industry [52][53].

Core Viewpoint - Foshan is enhancing its foreign trade products' domestic sales channels through various initiatives, including offline zones and online platforms, to boost consumer awareness and integrate domestic and foreign trade [1][2][3] Group 1: Offline Initiatives - The first "Foreign Trade Quality Products, Enjoy Foshan" offline zone has opened in Wangfujing Zihui Port, showcasing over 300 quality export products [1] - The zone features products from nearly 30 foreign trade enterprises, including smart home appliances and health products, allowing consumers to experience the quality of "Foshan manufacturing" [2] - The Wangfujing Zihui Port area attracts over 60,000 young consumers daily, providing high exposure for the products [2] Group 2: Online Expansion - Since April, Foshan's Commerce Bureau has been promoting online zones for foreign trade products on major e-commerce platforms, connecting over 1,600 foreign trade enterprises to domestic sales [3] - Consumers can enjoy promotional discounts such as "15% off" and "30 yuan off every 200 yuan spent" on various platforms [3] - Local platforms like "Hui Mai Mai" and "Shun Qi Zhi Mai" are supporting enterprises with cost discounts and facilitating "online + offline" exhibitions [3] Group 3: Future Plans - Foshan plans to continue resource integration and will hold the "Ring Liangjiang" foreign trade product domestic sales and international emerging market procurement matchmaking conference in mid-June [4] - The goal is to help foreign trade enterprises diversify their markets and enhance their risk resistance and competitiveness [4]

Core Points - The company has received approval from the China Securities Regulatory Commission (CSRC) for the issuance of A-shares to specific investors, totaling 186,783,583 shares [1][2] - Following the issuance, the total share capital of the company will increase from 1,361,994,647 shares to 1,548,778,230 shares [2] - The shares subscribed by the controlling shareholder, Guangdong Guangsheng Holding Group, will be subject to a transfer restriction of 18 months from the listing date [2][3] Issuance Details - The shares will be listed on the Shenzhen Stock Exchange on December 4, 2023 [2] - After the issuance, the company’s total share capital will be adjusted to 1,535,778,230 shares following the cancellation of 13 million shares [2] - The shares subscribed by other investors will be subject to a 6-month transfer restriction [2] Shareholder Commitments - The controlling shareholder, Guangsheng Holding Group, has made several commitments to ensure the protection of the company's interests, including not interfering in the company's management and adhering to regulations regarding profit dilution [3][4] - The commitments also include avoiding conflicts of interest and ensuring fair transactions between the company and its subsidiaries [5][6] Compliance and Regulatory Aspects - The company has confirmed that there are no violations of commitments that would affect the listing of the restricted shares [16][17] - The release of restricted shares complies with relevant laws and regulations, and the company has provided accurate and complete disclosures [18]

股票简称：佛山照明（A 股） 粤照明 B（B 股） 股票代码：000541 （A 股） 200541（B 股） 公告编号：2025-032 佛山电器照明股份有限公司关于 向特定对象发行股票解除限售上市流通的提示性公告 本公司及董事会全体成员保证公告内容的真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 特别提示： 1 、本次向特定对象发行股票限售股份可上市流通数量为 46,695,895 股，占公司总股本 3.04%。 2、本次向特定对象发行股票限售股份上市流通日为 2025 年 6 月 4 日。 于 2024 年 6 月 4 日解除限售上市流通，具体内容详见 2024 年 5 月 29 日刊登于巨潮资讯网的《关于向特定对象发行股票解除限售上市流通 的提示性公告》。 二、本次发行后公司股本变动情况 2024 年 11 月 29 日及 2024 年 12 月 16 日，公司分别召开第十届董 事会第三次会议、第十届监事会第三次会议和 2024 年第三次临时股东 大会，会议审议通过了《关于注销回购股份并减少注册资本的议案》， 同意公司将存放于回购专用证券账户的 1,300 万股 A 股股份予以注销， 并相应 ...

国泰海通证券股份有限公司 关于佛山电器照明股份有限公司 向特定对象发行股票部分限售股份解除限售上市流通的核 查意见 国泰海通证券股份有限公司（以下简称"国泰海通"、"保荐人"）作为佛 山电器照明股份有限公司（以下简称"公司"或"发行人"）2023 年度向特定 对象发行 A 股股票的保荐人，根据《证券发行上市保荐业务管理办法》《深圳 证券交易所股票上市规则》《深圳证券交易所上市公司自律监管指引第 1 号— —主板上市公司规范运作》等有关规定，对公司 2023 年度向特定对象发行股票 中部分限售股份解除限售并上市流通的事项进行了核查，核查情况及意见如下： 一、本次解除限售的股份取得的基本情况 2023 年 8 月 31 日，佛山电器照明股份有限公司收到中国证监会于 2023 年 8 月 25 日印发的《关于同意佛山电器照明股份有限公司向特定对象发行股票注册 的批复》（证监许可〔2023〕1974 号），同意公司向特定对象发行 A 股股票的 注册申请。公司向包括控股股东广东省广晟控股集团有限公司（以下简称"广晟 控股集团"）在内的 13 名特定对象发行人民币普通股（A 股）股票 186,783,583 股。 本次向 ...

Group 1 - The core viewpoint of the article highlights the recent research conducted by the well-known private equity firm Ruimin Investment on Foshan Lighting, emphasizing its strategic focus on e-commerce and digital transformation [1] - Foshan Lighting's e-commerce business revenue has increased by 35.70% year-on-year, indicating a strong performance in this channel [1] - The company is transitioning from merely selling products to providing comprehensive solutions, with new ventures in sports lighting, automotive lighting, marine lighting, and airport runway lighting [1] Group 2 - Research and development efforts are directed towards smart lighting and automotive lighting, with a focus on digitalization and technological innovation [1] - The automotive lighting segment generated revenue of 2.107 billion yuan, reflecting a year-on-year growth of 15.13%, with an increased proportion of mid-to-high-end products [1] - Foshan Lighting is involved in several large transportation projects and industrial energy-saving renovation projects, expanding into deep-sea lighting, marine ranching, and ship lighting [1] Group 3 - The projected revenue for marine lighting in 2024 is 67.1 million yuan, showcasing the company's growth potential in this area [1] - The company is enhancing its market value management through improved operational performance, cash dividends, and shareholder buybacks [1] - A new business development center has been established to launch innovative products and collaborate with leading aquaculture companies, earning recognition with the Small Berry Industry Development Contribution Award [1]

E-commerce and Market Strategy - Foshan Lighting emphasizes the strategic layout of e-commerce channels, actively embracing digitalization, and positioning online business as a core driver for market expansion, achieving a 35.70% revenue growth in e-commerce in 2024 [2] - The company is transitioning from a product provider to a comprehensive lighting solution and design service provider, focusing on smart, green, and healthy development trends [4][6] Product Development and Innovation - Research and development are primarily directed towards smart lighting and automotive lighting, particularly in the new energy vehicle sector, with a focus on digital and intelligent technology innovation [4] - The automotive lighting business generated revenue of 2.107 billion yuan in 2024, marking a 15.13% increase, with a significant rise in the proportion of mid-to-high-end products [5] New Market Segments - The company is expanding into new market segments, including sports lighting and marine lighting, with investments in production bases and strategic partnerships to enhance market presence [3][7] - In the marine lighting sector, the company achieved revenue of 67.1 million yuan in 2024, supported by the acquisition of a leading ship lighting enterprise [7] Financial Performance and Shareholder Engagement - Foshan Lighting has maintained a consistent cash dividend policy, distributing a total of 5.854 billion yuan over 32 years, reflecting a commitment to shareholder returns [8] - Recent share buybacks by major shareholders demonstrate confidence in the company's future, with 18.3426 million shares bought back in November 2024 and 11.4296 million shares in May 2025 [8] Emerging Business Areas - The company is actively developing the plant and animal lighting sector, establishing a new business expansion center in February 2025 to focus on technology research and market development [8] - Collaborations with universities and agricultural research institutions aim to create technological barriers in plant growth spectrum control and animal breeding lighting optimization [8]