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Foshan Lighting won the top 50 central procurement suppliers of central enterprises in 2020

26 Oct 2020 by FSL

On September 25, 2020, the 3rd China Central Procurement Supply Chain Enterprise Summit Forum and Central Enterprise Central Procurement Supplier Sharing Recruitment Conference with the theme of "Bringing the Wind and Waves Together" was held in Tai'an, Shandong. Foshan Lighting was invited to attend and Awarded one of the top 50 centralized procurement suppliers of central enterprises. 

This forum is hosted by the (CPCF) Centralized Procurement Supply Chain Enterprise Alliance and the Central Enterprise Centralized Procurement Sharing Platform. It is an ideological feast in the professional field of centralized procurement and supply chain. Supported by standardization, credit system construction and talent training, we will create an intelligent supply chain system supported by big data, networked sharing, and intelligent collaboration. The forum received strong support and participation from many central enterprises. It brought together leaders from various central procurement departments, high-quality suppliers, relevant government departments, industry associations, and financial institutions to discuss the smart supply chain system of China's key industries in 2020, and central state-owned enterprises in 2020. New policies, new trends and new standards for centralized procurement.

This time, Foshan Lighting was awarded the top 50 central procurement procurement suppliers of central enterprises, which is the affirmation of the development of Foshan Lighting by the China Science and Technology Industrialization Promotion Association, the Central Procurement Supply Chain Enterprise Alliance and other central enterprises. With the continuous advancement of the compilation of the "14th Five-Year Plan", a new wave of smart city construction in the name of "new infrastructure" has swept across the land of China, and the integration of big data, artificial intelligence and other technologies with the real economy has accelerated, central enterprises and leading enterprises As the backbone of national economic development, state-owned enterprises, driven by the two-wheeled drive of policy and technology, are making every effort to promote the new wave of development of new infrastructure and other construction.

Wang Mingshi (second from left), Key Account Director of Engineering, Industrial and Mining Channels, Foshan Lighting Domestic Marketing Division, accepted the award on behalf of the company

In recent years, Foshan Lighting has actively improved its own industrial service chain, innovated service models, and provided high-quality and efficient lighting solutions for enterprises in various industries and fields to help the high-quality development of the industry. In addition, Foshan Lighting continues to deepen its layout in the lighting application field, actively launching customized overall lighting solutions, responding to the new "double cycle" strategy proposed by the country, and promoting the wave of localization. After reaching a strategic cooperation with Sinopec in 2017 to further promote the transformation and development of the two companies, it has won multiple bids for China Railway, China Construction, China Communications and other engineering projects to further consolidate and develop the professional lighting market. It is another deep cultivation in the lighting segment of Foshan. A fruitful manifestation.

Taking this award as an opportunity, Foshan Lighting will contribute more to the promotion and development of the industrialization of central state-owned enterprises and the upgrading and development of the centralized procurement supply chain, continue to meet the high-quality and personalized lighting needs of more customers and enterprises, and provide more optimized, More comprehensive lighting solutions to realize the in-depth development of enterprise intelligent manufacturing, green manufacturing and transformation and upgrading.

FSL
China
Foshan Electrical and Lighting Co., Ltd. (FSL Lighting), with a history dating back to 1958, is a prominent lighting business in China. Headquartered in Foshan, China, FSL Lighting has more than 9,000 employees and 5 manufacturing bases located in Foshan, Xinxiang (Henan province) and Nanjing (Jiangsu province) respectively. These manufacturing facilities cover a total land area of 1,600,000 square meters. FSL Lighting specializes in the design, development, manufacturing and distribution of a comprehensive portfolio of products across the full range of applications in residential, commercial, outdoor, and automotive lighting. Since 1993 FSL has been a public company listed in Shenzhen Stock Exchange (Stock Code: 000541).With its many decades of experience, strong in-house capabilities, and a rich culture founded on innovation, FSL Lighting sets the pace in the lighting industry and has been prominently distinguished from its competition. In 2004 Osram became the first majority shareholder of FSL Lighting in an effort to expand its lighting market share in China by leveraging FSL's low cost manufacturing infrastructure. The success of this marriage remains a disputable topic but reflected FSL's unique industry influence and business value that contributed to Osram's continuously rapid growth in China. In September, 2015 Osram sold its own 13.5% share in FSL to China's Guangdong Rising Assets Management Co. which soon becomes FSL's controlling shareholder after their successive moves to increase their stake in the stock market. The return to management by State-Owned enterprise gives FSL new momentum and accelerates the company's growth and value creation.FSL Lighting's unrivalled product strength has been built on its pure commitment to cost-driven innovations. Despite its effort of continuously expanding its portfolio of products, the company's core competencies have been low cost mass-production of light bulbs and tubes. FSL's flagship lighting solutions span across generations of lighting technologies, from incandescent bulbs, tungsten halogen bulbs, fluorescent and CFL lamps to the most recent evolution to LED lighting technology that is giving birth to amazing new possibilities. FSL Lighting has built itself a unique blend of advantages that have been maximizing the value of technological innovation and ultimately drive unparalleled profitability.The technology shift from conventional lighting to LED based solid state lighting has been a painful process. It's the tradition of relentless innovation that makes FSL Lighting stand out in the global market. Being one of China's largest manufacturers of fluorescent tubes, FSL Lighting's footprint in LED lighting is breathtaking. Today the company is the largest manufacturer of T8 LED tube lights in the world, with a monthly capacity as high as 10 million pieces! FSL made an inventive stride that redefined what's possible with LED lighting. The advent of low cost, high output glass LED tube by FSL sets the benchmark for cost-driven innovations by completely outperform the expensive aluminum extrusion + PC cover LED tubes in terms of cost, lumen output, and beam spread.In the hyper-competitive lighting market, FSL remains to be one of the most profitable lighting manufacturers in China. In 2016 the company reported a net profit of RMB 1.077 billion out of the RMB 3.366 billion total revenue. FSL Lighting is distinguished by breakthrough technology, manufacturing excellence, and economies of scale. FSL's mass production facilities are operated under vertically integrated manufacturing systems which eliminate the multilevel markups prevalent in the industry and maximize the company's capability of quality control. FSL Lighting is continually expanding its LED product line to bring the market a variety of sustainable, economical lighting options. From LED bulbs, LED tubes, interior light fixtures, and outdoor architectural lights to vehicle LED bulbs, FSL Lighting goes the extra mile to make a difference.

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