Signify raises prices for the second time, OPPLE makes Hurun China's Top 100 Private Consumer Companies list, high-power deep UV LED cold chain disinfection project receives support

01 Signify announces second price increase

On March 23, Signify issued a price increase notice stating that due to increasing pressure across the entire supply chain (including raw materials, commodities, and logistics), Signify will implement price increases for its professional lighting product portfolio in the US market, effective June 1, 2021. Details are as follows:

LED lights will increase by 3%;

Traditional fluorescent lamps will increase by 5%;

Luminaires will grow by an average of 6%, with actual growth rates varying by product category;

LED electronic products will grow by an average of 9%, with actual growth rates varying by product category;

Luminaire electronic products will grow by an average of 8%, with actual growth rates varying by product category.

It is reported that this is the second time Signify has raised prices for professional lighting products in the US market. In addition, at the end of February, Signify also adjusted prices for its traditional lighting and empty housing luminaire product lines in the Chinese market, with increases ranging from 5% to 17%.

02 OPPLE and other enterprises listed on Hurun China's Top 100 Private Enterprises in Consumer Sector

On March 23, the Hurun Research Institute partnered with Shuyun, a leading domestic provider of omnichannel consumer growth solutions, to jointly release the "2021 Shuyun · Hurun China Top 100 Private Enterprises in Consumer Goods," ranked by market capitalization or valuation. The threshold for inclusion in the "2021 Shuyun · Hurun China Top 100 Private Enterprises in Consumer Goods" was RMB 14 billion, with the total value of listed companies reaching RMB 9.86 trillion.

All listed companies derive more than 50% of their business from selling physical products directly to consumers, excluding companies that sell software or services, such as Tencent, Alibaba, and Meituan. "Chinese private enterprises" here refer to non-state-owned enterprises headquartered in mainland China. The market capitalization of listed companies is calculated based on the closing price on March 9, 2021, while the valuation of non-listed companies is estimated by referencing listed companies in the same industry or based on the latest round of financing. This is the first time the Hurun Research Institute has released this list.

Huawei has become the most valuable private enterprise in China's consumer sector with a value of 1.1 trillion, Midea ranks second with a value of 580 billion yuan, and Haitian ranks third with a value of 500 billion yuan.

Rupert Hoogewerf, Chairman and Chief Researcher of Hurun Report, stated: "China's consumer goods enterprises are increasingly scaling up. On this list, more than 70% are ranked among the Hurun China 500, and over 10% are among the Hurun Global 500." "This Top 100 Consumer Goods List demonstrates the successful transformation and upgrading of China's manufacturing sector, with many companies on the list having become benchmarks for advanced manufacturing in China."

"These listed companies not only lead in advanced manufacturing but also place great emphasis on brand building. They have pioneered internet sales models, leveraging online channels such as Tmall, Taobao, and JD.com to expand their markets, while relying on big data, online payment systems, and logistics for efficient support."

In the lighting and related industries, Bull ranks 23rd with a value of 105 billion yuan, while OPPLE ranks 76th with a value of 22 billion yuan.

03 High-power deep UV LED cold chain disinfection included in Fujian's 2021 Science and Technology Plan Project

Recently, to implement the central government's decisions and deployments on epidemic prevention and control, as well as the work requirements of the Fujian Provincial Party Committee and Provincial Government on scientific research for disinfection of cold chain logistics against the coronavirus, the Fujian Provincial Department of Finance and the Provincial Department of Science and Technology jointly issued a notice on the plan and funding for the 2021 provincial and municipal-level scientific research projects on coronavirus disinfection in cold chain logistics.

Among them, four guiding scientific and technological projects, including "Research and Development of Fully Automatic Precise Disinfection Technology and Integrated System for the Entire Surface of Cold Chain Goods Based on High-Power Deep UV LED Light Sources" and "Research and Development of In-Situ Online Photocatalytic Virus Disinfection System and Equipment for the Outer Packaging Surface of Cold Chain Products," were included in the 2021 Scientific and Technological Plan Projects (provincial-level units); the project "Research and Development of Centralized Ozone Disinfection Chamber Virus Disinfection System and Equipment for Large Cold Storage Facilities" was included in the 2021 Scientific and Technological Plan Projects (municipal-level units). Each project received financial support of 1 million yuan.

According to the data, the supervising unit for the project "Research and Development of Fully Automated Precision Disinfection Technology and Integrated System for the Entire Surface of Cold Chain Cargo Based on High-Power Deep UV LED Light Sources" is Xiamen University, with the undertaking units being the School of Physical Science and Technology at Xiamen University, Xiamen Yaoguang Semiconductor Technology Co., Ltd., and the Fujian Provincial Center for Disease Control and Prevention.

Disinfection of SARS-CoV-2 in cold chain logistics is a crucial part of epidemic prevention and control. Leveraging deep UV LED technology for virus disinfection provides a Solution for eliminating potential SARS-CoV-2 and other viruses and bacteria at various stages of the cold chain, thereby safeguarding cold chain operations and ensuring distribution safety.