Cnlight

What Cnlight does

Cnlight is a Chinese publicly-traded technology and lighting company founded in 1992 and headquartered in Foshan, China. Listed on the Shenzhen Stock Exchange under stock code 002076 (formerly 广东雪莱特光电照明股份有限公司), the company operates across seven business units: PV Modules, Energy & Power, Semiconductor LED Packaging, Lithium Battery Production Equipment, Quantum Technology & IT, Smart City, and Smart Energy Saving. It employs 1,001-5,000 people and runs a 180+ mu production base, supported by 300+ retail stores and a 25,000+ customer base.

The company's product portfolio spans photovoltaic components, energy storage and power systems, LED semiconductor packaging equipment, lithium battery production equipment, and software-driven smart city and energy efficiency solutions. Underlying technology assets include 300+ core IPs and 200+ innovation technologies. Revenue is generated through a mix of industrial equipment sales to manufacturing and municipal customers, government and institutional project contracts, and distributed consumer/B2B retail via the company's physical store network and direct enterprise channels. Notable end customers include government and institutional buyers (Central Party School, Guangzhou International Light Festival, Chengdu World Games 2025) and enterprises (Eagle Ceramic, Dayi Tea, Beijing 101 Middle School, Fujian Nanping Library, Zhejiang Songyang Astronomical Observatory).

In 2025, Cnlight reported revenue of approximately $380M, up nearly 98% from $192M in 2024 and roughly 2.4x its 2022 base of $156M. Gross profit reached $101M with $9.98M EBITDA, marking a turn from negative EBITDA of -$18M in 2024. Net income, however, remained modestly negative at -$3.8M in 2025, indicating that despite strong top-line growth the company has not yet achieved sustained profitability. Cnlight has been an active consolidator: in 2024 it acquired 100% of 中能建工（广东）能源技术有限公司, 51% of 广州天芯量子信息技术有限公司, and 51% of 广州元生信息技术有限公司, and in 2025 announced a joint venture investment and brought an LED semiconductor packaging line into mass production. The company also received a regulatory warning letter from the Guangdong Securities Regulatory Bureau in 2024, refreshing its board in December 2024.

Name

Cnlight

Legal name

广东星光发展股份有限公司

Website

https://cnlight.com

Company type

Public

Founded year

1992

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Cnlight is a Chinese publicly-traded technology company (Shenzhen: 002076) founded in 1992, operating seven business units spanning PV modules, LED packaging, lithium battery equipment, quantum technology, and smart city solutions, serving 25,000+ customers via 300+ retail stores and direct enterprise channels.

Ownership category

akta.pro rank

Product category

LED & Photovoltaic Manufacturing

NAICS

Electric Lighting Equipment Manufacturing (33513), Electric Lamp Bulb and Other Lighting Equipment Manufacturing (335139), Electrical Equipment Manufacturing (3353)

SIC

Electric Lighting & Wiring Equipment (3640), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

LED Drivers, Ballasts & Power Modules for Lighting (Constant-current/voltage drivers, ballasts, control gear) (IMAGAIAJ)

akta.pro secondary industries

Lighting Controls & Building Integration (Drivers, sensors, dimming, lighting control panels, networked lighting) (IMAGAIAI), Solar PV Power Plant EPC (Utility-Scale) (EUAEAAAG), Smart Lighting & Electrical (Bulbs, Switches, Outlets, Panels) (HSAPAQAC)

Keywords

• LED lighting manufacturing
• Photovoltaic modules
• Smart city solutions
• Energy EPC engineering
• Lithium battery equipment

Headquarters

HQ city

Foshan

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Photovoltaic components manufacturing and sales: Manufacturing and sales of PV modules including P-series and N-series products for solar energy generation systems
2. New energy EPC engineering: Engineering, procurement, and construction services for photovoltaic and energy storage projects, including rooftop distributed PV systems
3. LED semiconductor components: Sales of LED lamp beads and components for various lighting applications including indoor, outdoor, automotive, and specialized lighting
4. Smart city and digital solutions: Comprehensive solutions for smart city infrastructure including data centers, intelligent transportation, campus systems, and urban management platforms
5. Smart energy saving engineering: Building and municipal energy-saving lighting solutions with energy cost management services
6. Lithium battery production equipment: Automated manufacturing equipment for square lithium battery production

Go-to-market motion3 records

Distribution channels6 records

Marketing channels8 records

Core offering

Cnlight manufactures and sells photovoltaic modules, LED semiconductor packaging components and finished lighting products, and square lithium battery production equipment. The company also delivers new energy EPC engineering services, smart city infrastructure, quantum communication and information security solutions, and smart energy-saving lighting projects for both enterprise and consumer customers.

Product overview

Cnlight (星光股份/Guangdong Xingguang Development Co., Ltd., stock code: 002076) operates as a diversified technology company with seven core business units: PV Modules, Energy & Power, Semiconductor LED Packaging, Lithium Battery Production Equipment, Quantum Technology & IT, Smart City Solutions, and Smart Energy Saving. The company was founded in 1992 and is headquartered in Foshan, Guangdong. The product portfolio spans solar energy solutions (P series, N series, rooftop PV, EPC engineering), LED lighting components (full spectrum, high efficiency, smart atmosphere, flexible strips, RGB, special function lamp beads), automotive lighting (LED headlights, D lamps, lens, xenon), health lighting (eye protection, medical beauty), specialty light sources (UVA mosquito attraction, UVB, UVC sterilization), smart city infrastructure (data centers, quantum research institute, smart transportation, smart campuses), and intelligent automation (whole house intelligence, smart buildings, smart hotels). The LED semiconductor packaging division produces lamp bead series for indoor, outdoor, commercial and specialty applications. The quantum technology division offers AI applications, quantum key communication, data security, and IoT security services.

Differentiator

Problem solved

Functional benefit

Brands

• 雪莱特: LED lighting products and solutions under CNLIGHT brand, including household and commercial lighting, automotive lighting, and special light sources
• CNLIGHT金百丽

Products and services

• Photovoltaic Modules (PV Modules / 光伏组件) Photovoltaic solar panel modules (P-series and N-series) for generating clean energy, sold as part of the new energy business unit.
• Energy & Power (能源电力) — New Energy PV & Storage Projects and EPC Engineering Energy and electricity generation, storage, and management solutions including PV storage projects, rooftop distributed PV systems, and EPC engineering services for new energy projects.
• Semiconductor LED Packaging (半导体LED封装) LED semiconductor packaging products including various lamp bead series (health rhythm spectrum, high-efficiency, smart atmosphere, advertising backlight, special function) for indoor, outdoor, commercial, and specialty lighting applications.
• Lithium Battery Production Equipment (锂电池生产设备) Square power lithium battery manufacturing equipment for automated battery production lines.
• Quantum Technology & Information Technology (量子科技与信息技术) Quantum key communication products, data security products, AI applications, cloud security, industrial IoT security, data center (IDC) and private cloud services, and digital information integrated solutions.
• Smart City Solutions (数智城市) Digital and intelligent city solutions including smart city construction, smart transportation, smart campus, special equipment and emergency/fire facilities, and large-scale domestic and international sports event infrastructure.
• Smart Energy Saving (智慧节能) Intelligent energy-saving solutions for buildings, municipal roads, underground parking, urban energy cost management, whole-house smart home systems, smart building systems, smart hotel systems, and engineering/commercial lighting for cultural tourism, education, medical, and retail chain applications.
• Automotive Lighting (汽车照明) LED headlights, high-end D lamps, lens series, and xenon lamps for automotive applications.
• Healthy Lighting (健康照明) Health-focused lighting including eye protection and medical beauty applications.
• Special Light Source Lighting (特种光源照明) Specialty light sources including UVA mosquito attraction, UVB, and UVC ultraviolet sterilization products.
• Engineering & Commercial Lighting (工程商用照明) Commercial lighting solutions for cultural tourism, landscape, stage, education, medical, and retail chain applications.
• Xingguang Quantum Research Institute (星光量子研究院) Research institute focused on quantum technology and quantum communication research and development.
• Data Center (数据中心) Data center and private cloud services for enterprise digital infrastructure.

Quantifiable outcome

• Over 25,000 customers served across all business segments
• +1 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• 中能建工（广东）能源技术有限公司 (Zhongneng Jiangong Guangdong Energy Technology Co., Ltd.)coreStrategic or Co-development Partner · 12 October 2024Acquisition of 100% equity in 中能建工（广东）能源技术有限公司 completed in October 2024. This acquisition strengthens Cnlight's capabilities in new energy engineering and energy technology services.
• 广州元生信息技术有限公司 (Guangzhou Yuansheng Information Technology Co., Ltd.)coreStrategic or Co-development Partner · 31 August 2024Increased stake to 51% equity in August 2024, completing registration in September 2024. This acquisition strengthens Cnlight's information technology and digital solutions capabilities.
• Strategic Partner (unnamed)minorStrategic or Co-development Partner · 19 July 2024Strategic cooperation agreement signed in July 2024 for unspecified collaboration purposes.
• 广州市天芯量子信息技术有限公司 (Guangzhou Tianxin Quantum Information Technology Co., Ltd.)coreStrategic or Co-development Partner · 9 May 2024Increased stake to 51% equity in May 2024, completing registration in May 2024. This investment enhances Cnlight's quantum communication and information security capabilities.
• 广东锐丰文化科技有限公司 (Guangdong Ruifeng Culture Technology Co., Ltd.)minorStrategic or Co-development Partner · 17 April 2024Initial acquisition plan for 51% equity announced in April 2024, but later terminated in May-June 2024 according to subsequent announcements.

Scale indicators6 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• LONGi Green Energy: Global leader in solar wafers, cells, and modules. Comparable to Cnlight's photovoltaic module business in P-series and N-series solar products for distributed and utility-scale projects.
• Opple Lighting (欧普照明): A leading Chinese lighting brand with strong distribution and a broad LED fixture portfolio. Overlaps with Cnlight across residential, commercial, and smart lighting categories in the China market.
• MLS Co., Ltd. (木林森): One of China's largest LED packaging and lighting product manufacturers. Competes directly with Cnlight in LED lamp bead/encapsulation and finished lighting fixtures across consumer and commercial segments.
• JinkoSolar: One of the world's largest solar module manufacturers with N-type TOPCon technology. Competes directly with Cnlight in PV modules and rooftop distributed solar EPC.
• Trina Solar: Vertically integrated PV module and storage provider with significant China-based EPC operations. Directly comparable in rooftop distributed PV systems and large-scale solar EPC services.
• NVC Lighting (雷士照明): A major Chinese commercial lighting brand with strong project-channel presence. Competes head-to-head with Cnlight in commercial, municipal, and engineering-grade lighting installations.
• FSL Lighting (佛山照明): Foshan-based competitor producing lighting fixtures, automotive lamps, and specialty light sources. Closely comparable given same city of origin and similar product breadth in conventional and LED lighting.

Emerging players

• QuantumCTek (国盾量子): China's leading quantum communication company specializing in QKD equipment. An emerging peer for Cnlight's Tianxin Quantum subsidiary and Xingguang Quantum Research Institute, focused on quantum secure communications.

Broad incumbents

• Acuity Brands: North American lighting and building solutions provider with strong smart controls and connected-building portfolio. Comparable on industrial/commercial lighting and networked controls product structure.
• Signify (Philips Lighting): Global lighting leader offering LED fixtures, smart lighting controls, and IoT-enabled systems (Interact). Comparable as a broad incumbent in the same lighting and controls market Cnlight addresses in smart city projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cnlight-co-ltd-

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cnlight