About Prosperity

Prosperity Lamps and Components Limited (PLC) was established in 1978, dedicated to domestic and international trading business in lighting industry. PLC lighting business consists of general lighting and entertainment lighting. After more than four decades of thriving, PLC has become one of the leading and professional experts in quality lamps, lighting fixtures, lamp components as well as professional entertainment lighting.

Sustainable development is an integral part of Prosperity. After years of thriving, with efficient and resource–friendly production processes, state–of–the–art solutions, healthy and stable financials and long–accumulated expertise, Prosperity continues to move forward to achieve our goal of improving quality of life for everyone.

Our Journey

Beginning of Prosperity
1978
Joint Venture with OSRAM
1995
First Wholly-Owned Factory
1997
More Factories Opened in Hangzhou
2002
Joint Venture Formed with SiTECO
2004
Strategic Investment in FSL
2005
Entering Aluminium Die-casting Business
2008
Further Expansion in the Eastern China Market
2018
Unveil our new company logo
2019
Prosperity Group
2022

1978

Beginning of Prosperity

Prosperity Lamps and Components Limited was established in Hong Kong, as the headquarter of Prosperity Group. It has a long committed involvement in Hong Kong lighting industry. After more than four decades of full support from suppliers, customers and employees, the group has become one of the leading and professional suppliers of quality lamps, lighting fixtures, lamp components and related machinery for the lighting industry.

Next milestone: 1978

1995

Joint Venture with OSRAM

China’s rapid economic growth since the eighties called for foreign capital and technology to boost its illumination industry. In 1995, Prosperity and Osram set up a joint-venture company in Hong Kong – Osram Prosperity Company Limited to market lighting products made by Osram and Prosperity in Hong Kong and Macau. In 2016, this joint-venture was renamed into LEDVANCE Prosperity Company Limited.

Next milestone: 1995

1997

First Wholly-Owned Factory

To strengthen our position in China, in 1997 Prosperity established a wholly-owned factory – Prosperity Electric (China) Company Limited in Langfang Hebei Province (located near Beijing), focusing to manufacture lamps and lighting fixtures for both local and export markets

Next milestone: 1997

2002

More Factories Opened in Hangzhou

Prosperity (Hangzhou) Lighting Electrical Company Limited was established in 2002, specializing in manufacturing a comprehensive range of traditional lighting and LED products

View More: 2002

2002

More Factories Opened in Hangzhou

Hangzhou Times Lighting & Electric Appliance Company Limited was set up later that same year. After years of development, it became a leading manufacturer in China for High Intensity Discharge (HID) lamps. In 2022, it was renamed into Shaoxing Times Lighting Technology Company Limited.

Next milestone 2002

2004

Joint Venture Formed with SiTECO

In 2004, Prosperity and SiTECO GmbH set up a joint-venture company – SiTECO Prosperity Lighting (Langfang) Co., Ltd. to manufacture and market lighting fixtures for local and export markets. In 2012, Osram acquired Siteco GmbH and become the shareholder of this company. In the same year, Prosperity (Xinxiang) Electrical Machinery Co., Ltd. was established to manufacture machinery and equipment for lamps manufacturing.

View More: 2004

2004

Joint Venture Formed with SiTECO

Jinzhou Youxin Quartz Technology Company Limited was established in 2004. Its principle business lies in production of quartz crucible for manufacturing silicon ingots to serve the solar and semiconductor industries. In recognition of the company’s dedication to independent innovation and technology development, Jinzhou Youxin was granted the title of “National Innovative Company.

Next milestone 2004

2005

Strategic Investment in FSL

Foshan Electrical and Lighting Company Limited (FSL), a leading lighting manufacturer in China, was established in 1958. FSL provides good-quality, energy-saving products and comprehensive lighting solutions. In 2005, Prosperity became the 2nd largest shareholder of FSL.

Next milestone: 2005

2008

Entering Aluminium Die-casting Business

In 2008, Prosperity and Efesto S.R.L. Italy set up a joint-venture company – Efesto Prosperity (Hangzhou) Metal Die-Casting Co., Ltd. at Fuyang to manufacture aluminium die cast parts for lighting, automotive and furniture industries.

Next milestone: 2008

2018

Further Expansion in the Eastern China Market

Teamslitek Prosperity (Shanghai) Lighting Company Limited was set up in 2018, providing end-to-end lighting solutions for the Eastern China market.

View More: 2018

2018

Further Expansion in the Eastern China Market

Established in 2018, Xiangtan Linkye Gases Company Limited specializes in the production of chemicals including ammonium nitrate and associated by products.

Next milestone 2018

2019

Unveil our new company logo

In 2019, Prosperity entered into a new era to reinvigorate branding, aiming to offer a more current, updated image that can reassure our customers that we are advancing. On top of new office, revamped logos and refreshed marketing materials, we laid out a full plan.

Next milestone: 2019

2022

Prosperity Group

Prosperity has evolved into a conglomerate with over 40 affiliates across various industrial segments, offering a comprehensive range of lighting products and solutions. Despite the challenges posed by the COVID period in recent years, Prosperity has successfully acquired Luxlight Pte Ltd and Traxon Technologies, both specializing in lighting solutions. This signifies our concerted efforts to move towards a more globalized market.

Next milestone: 2022

Our Values

Diversity

Provides full range of customizable products from LED bulbs to outdoor lighting as well as stage lighting by self-owned factories and quality suppliers

Safety

Enforces product safety at all stages, from design and production to marketing. Establishes consistency across productions and fosters product safety culture across all company functions

Professional

Creates sustainable value to your business with professional after-sales services. Share our understanding and insights to develop a roadmap of lighting design complying with your lighting requirements thru OEM/ODM partnerships

Quality

Committed to deliver high quality products, solutions & services to customers and strive for continuous improvements

Diversity

Provides full range of customizable products from LED bulbs to outdoor lighting as well as stage lighting by self-owned factories and quality suppliers

Safety

Enforces product safety at all stages, from design and production to marketing. Establishes consistency across productions and fosters product safety culture across all company functions

Professional

Creates sustainable value to your business with professional after-sales services. Share our understanding and insights to develop a roadmap of lighting design complying with your lighting requirements thru OEM/ODM partnerships

Quality

Committed to deliver high quality products, solutions & services to customers and strive for continuous improvements