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NVC Lighting Enters the Japanese Market and Reaches Strategic Cooperation with Toshiba Lighting Date:2019-03-01

NVC Group announced that NVC has obtained the brand authorization of Toshiba Lighting in Japanese market, which indicates a new upgrade of NVC's overseas strategy and a breakthrough in the globalization of the middle and high-end market.

visited the NVC Berkeley-style store.

Left six: Mr. Hiraoka, President of Toshiba Lighting

Left four: Ms. Eva Chan, Vice Chairman and CEO of NVC Group

Left seven: Mr. Dun Wang, Executive Director of NVC Group

On February 21, 2019, Mr. Hiraoka, President of Toshiba Lighting Co., Ltd. (hereinafter referred to as Toshiba Lighting Co., Ltd.) visited the NVC Group in Zhuhai and Zhongshan, China. NVC Group announced that it will establish "NVC Lighting Japan Co., Ltd." in Tokyo. Toshiba Lighting officially gives NVC Group a brand license in the Japanese market. NVC will fully assist Toshiba Lighting in its B2C product market in Japan.

The scope of this brand license is Toshiba Lighting's B2C business in the Japanese market, namely home lighting products, including ceiling lamps, bulbs, brackets, lamps and so on.

Signing Ceremony of Strategic Cooperation between NVC Lighting and Toshiba Lighting

Right: Mr. Hiraoka, President of Toshiba Lighting

Middle: Ms. Eva Chan, Vice Chairman and CEO of NVC Group

Left: Mr. Peng Zhang, President of NVC Group

Toshiba lighting strategic transformation, laying the groundwork for cooperation between the two parties.

Toshiba Lighting is one of the leading brands of Japanese lighting. Its predecessor, the Hakunetu-Sha & Co.Ltd. constantly exploring cutting-edge technology, first created incandescent lamps in Japan in 1890, and first produced fluorescent lamps in Japan in 1940. In 2011, Toshiba Lighting's LED solutions illuminate the Louvre in Paris.

Toshiba Lighting has accelerated its strategic transformation in recent years and will focus on the building solutions business with long-term development prospects in the future. In order to ensure the core value of Toshiba brand unchanged, after careful investigation, Toshiba Lighting decided to choose China's lighting leading company NVC Group in the strategic cooperation of business operations.

NVC brand marketing is profound, authorized by Toshiba.

In 2018, NVC Lighting's own brand value was 25.766 billion yuan, ranking first in China's lighting industry for 7 consecutive years, which made Toshiba Lighting finally assured the brand authorization to NVC.

In 2018, "Double Eleven" of Tmall, NVC Lighting ended with a total sales of 346 million yuan, and won the first place in lighting industry of Tmall, Jingdong and Suning. NVC smart new product, successfully won the sales of smart home lighting products in the industry, leading the conversion rate to hit a record high.

Toshiba Lighting of Japan visited NVC E-commerce Company

Left three: Mr. Hiraoka, President of Toshiba Lighting

Right three: Mr. Han Chun, General Manager of NVC E-commerce Division

In the past 20 years, NVC has adhered to the user-centered, bringing people a wonderful life experience space with innovative technology and art design. NVC conducts in-depth research on users in vertical and horizontal segments, and uses innovative product solutions as an entry point to win the hearts of young people, which demonstrates strong brand marketing capabilities.

Strong channel marketing capabilities is conducive to NVC’s overseas market expansion.

With a total revenue of 10.373 billion yuan, NVC Group won the top spot in the "Top 100 List of 2017" in China's lighting industry and became the first tens of billions of enterprises in China's LED lighting industry. NVC Lighting currently has 38 operations centers and more than 4,200 specialty stores in China, covering 50,000+ global sales terminals worldwide. With its deep channel, market segmentation and multi-category sales experience, NVC uses Toshiba Lighting's strong brand and channel influence in Japan to deepen the Japanese lighting market.

The two major lighting giants unite to strengthen scientific research.

NVC Lighting has four manufacturing bases, two international standardization R&D centers and national accredited laboratories in China. From upstream LED chips, packaging, other intelligent hardware and software technologies, light source products to downstream lighting applications, NVC has the leading R&D strength in China.

In China, NVC actively participates in the formulation of national standards for electrical accessories and the formulation of green building materials evaluation standards. In 2017, NVC Group also participated in China’s national key R&D program “Strategic Advanced Electronic Materials”, key special program “High-efficiency and High Reliability LED Lighting Technology Research”, which means that NVC enters the national R&D echelon.

In terms of talent introduction, NVC employs top electric light experts from Silicon Valley, South Korea and China gathering talents from around the world. In the future, NVC will connect Toshiba's cutting-edge technology in scientific research and innovation, and may even spark a spark that changes the direction of the industry.

Toshiba Lighting of Japan visited the NVC Zhuhai Factory

NVC’s extensive experience in overseas market operations and is favored by Toshiba.

NVC's successful cases and rich practical experience in overseas markets have won the favor of Toshiba Lighting. NVC has regional offices in North America, Singapore, and the Middle East (in Dubai). It has established operations in more than 40 countries and regions overseas to provide professional lighting products and systematic lighting solutions for local governments and important commercial facilities. The market share has risen steadily and has secured the forefront of the local market. The NVC Brazil subsidiary provided the industry's highest waterproof IP68 lighting solution for the 2016 Rio Olympic Games, the Rio de Janeiro Maduralei Olympic Park.

In addition, NVC UK, a UK subsidiary of NVC, also achieved good results. In 2016, NVC became the only lighting company selected in 2016 “One Belt and One Road” case report. Due to its excellent localization strategy, high sense of responsibility and strong development prospects, NVC has been awarded the “Best Foreign Enterprise Award” by the British Chambers of Commerce. NVC Lighting has become one of the top ten industrial and commercial lighting suppliers in the UK. 

NVC accelerates the globalization of the middle and high-end markets.

“Toshiba Lighting has deep technical accumulation in LED lighting. NVC has strong brand management and market operation experience. After the brand is authorized, it will achieve mutual benefit and win-win”. Toshiba Lighting and NVC Group have expressed high recognition for this in-depth strategic cooperation.

The dual brand alliance of the independent brand “NVC Lighting” and the international brand “Toshiba Lighting” indicates that NVC Group will leave its competitors behind in the middle and high-end market globalization.