Foshan Lighting was awarded a compensation of 59.31 million in the first instance on the 17th

Foshan Lighting (000541) announced on the afternoon of November 17, 2014, on November 15, 2014, the company received the "Judgement" of 930 cases in the above-mentioned cases served by the Guangzhou Intermediate People's Court. The company's shares resumed trading since the market opened on the afternoon of November 17, 2014.

The judgment results are as follows:

1. The defendant Foshan Electrical and Lighting Co., Ltd. compensated the plaintiffs in the above 930 cases for a total of 59,310,191.16 yuan within 15 days from the date of the legal effect of this judgment.

2. Dismissing other claims of the plaintiffs If the defendant fails to perform the obligation to pay money according to the period specified in this judgment, it shall double the payment of the debt during the period of delay in accordance with the provisions of Article 253 of the Civil Procedure Law of the People's Republic of China. interest.

The first-instance case acceptance fee was 2,157,108 yuan, and the defendant was responsible for 100,436,1 yuan.

The company refused to accept the above judgment and will appeal to the Guangdong Higher People's Court in accordance with the law. According to the law, during the appeal period, the judgment has not taken effect and the company is not required to perform its compensation obligations.

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