The company signed a cooperation agreement with the Green Exchange, leading industrial lighting into the main battlefield of the "Dual Carbon Goals".

Shenzhen Ziguang Lighting Technology Co., Ltd. (hereinafter referred to as "Ziguang Lighting") and Beijing Green Exchange Co., Ltd. (hereinafter referred to as "Green Exchange") signed a comprehensive strategic cooperation agreement on October 19. Both parties decided to engage in all-around business cooperation in the development of voluntary emission reduction methodologies, the development of China Certified Emission Reductions (CCER), and carbon asset trading.

It is reported that since its establishment in 2007, Ziguang Lighting has been focusing on the industrial lighting sector. At its inception, the company started with metal halide lamp and High-pressure sodium lamp (HPS) businesses. After 2011, it dedicated itself to developing LED industrial lighting equipment. Leveraging its technical strength and innovation capabilities, it pioneered the industrial application of LED light sources in the industry, and is able to lead the intelligent development direction of the industrial lighting field through the application of typical cases in downstream industries.

It is worth noting that Ziguang Lighting belongs to the "Energy saving and Environmental protection Industry". It is reported that industrial lighting consumes a large amount of electricity, accounting for about 14% of the total electricity consumption of the entire industrial system, making it one of the most important areas for industrial energy saving and carbon reduction. Ziguang Lighting's products and services utilize relatively advanced lighting energy saving technologies. Through primary energy saving formed by intelligent LED equipment and secondary energy saving achieved through intelligent joint control, they can reduce average energy consumption in the industrial lighting sector by more than 70%, playing an important role in promoting the implementation of the national "Dual Carbon Goals" strategy in the industrial field.

The strategic partner for this collaboration, Beijing Green Exchange, is one of the most influential environmental equity trading market platforms in China. It has accumulated extensive experience in carbon pricing, carbon quantification, and carbon finance, and is currently actively promoting the construction of the national CCER trading center under the guidance and support of the Ministry of Ecology and Environment and the Beijing Municipal Government.

Specifically, the strategic cooperation between the two parties will help fully leverage the comprehensive service advantages of the Green Exchange platform. Focusing on carbon footprint research for energy-saving products, carbon neutrality property certification, corporate operational carbon inventory and carbon neutrality, and the construction of corporate carbon management systems, both sides will utilize their respective strengths to provide customers with clear and comprehensive services for energy efficiency improvement and carbon asset development, thereby making greater contributions in low-carbon initiatives, energy saving, and green financing.

More importantly, this move marks a pioneering step by Unilumin in leading the industrial lighting industry to systematically advance energy saving and carbon reduction, officially entering the main battlefield of the "dual carbon goals". Leveraging its technological and industry advantages, Unilumin has become a special force in the "dual carbon" battlefield of the industrial lighting sector, holding significant demonstrative value for the nation's green and low-carbon development.

Industrial LED lighting pioneer Unilumin targets the STAR Market

On September 1, Unilumin's IPO on the STAR Market was submitted for registration. The company's main business includes the R&D, production, and sales of industrial lighting equipment and smart lighting systems, as well as providing energy performance contracting (EPC / EMC) services in the industrial lighting sector. Its major clients include large state-owned enterprises such as CNPC, Sinopec, State Grid, China State Railway Group, Datang Power, China Coal Energy, and Shaanxi Energy.

As a leading industrial LED lighting enterprise in China, Unilumin has maintained a strong focus on its core business in recent years, with revenue growing at a high speed. From 2018 to 2020, the company's revenue was RMB 201 million, RMB 348 million, and RMB 357 million respectively, with a compound annual growth rate of 33.11%; during the same period, net profit was RMB 17 million, RMB 50 million, and RMB 49 million respectively, with a compound annual growth rate of 67.85%.

The company has consistently adhered to independent innovation for many years. After more than a decade of development, it has mastered the core technologies of industrial LED lighting equipment. Keeping pace with industry trends and customer needs, the company actively develops industrial smart lighting systems with independent intellectual property rights. Its products have been widely promoted and applied in industries such as electric power, metallurgy, and petrochemicals, achieving excellent technological demonstration effects and significant energy-saving economic benefits.

Ziguang Lighting disclosed in its prospectus that the company plans to raise approximately RMB 456 million through its IPO on the STAR Market. The funds will primarily be invested in projects including an annual production capacity of 800,000 sets of industrial LED luminaires and 100 lighting systems, a R&D center, regional marketing service centers, and working capital supplementation.

It is reported that upon completion of the project with an annual production capacity of 800,000 sets of industrial LED luminaires and 100 lighting systems, the company will achieve an annual output of 800,000 sets of industrial LED luminaires and 100 lighting systems. This holds significant importance for safe production and energy saving and emission reduction in downstream application fields. The products of this project will utilize the company's existing core technologies, representing an investment in technological innovation based on R&D achievements.

The R&D Center Construction Project is mainly based on the company's existing "Guangdong Provincial Special LED Lighting Luminaire Engineering Technology Research Center" and "Bao'an District Key Laboratory" to establish professional laboratories, improve the industrial LED lighting and testing laboratory system, thereby strengthening the company's R&D capabilities, and continuing to deepen and innovate in areas such as intelligent linkage control technology, sensing technology in special environments, and explosion-proof design technology for special environments.

"Dual Carbon" overall deployment drives rapid development of industrial LED lighting

The top-level design for the "Dual Carbon" goals has been introduced, and the "1+N" policy framework is gradually being perfected. On October 24, the Central Committee of the Communist Party of China and the State Council issued the "Opinions on Fully, Accurately, and Comprehensively Implementing the New Development Philosophy to Achieve Carbon Peaking and Carbon Neutrality" (hereinafter referred to as the "Opinions"). The "Opinions" clarify the timetable and roadmap for China to achieve carbon peaking and carbon neutrality. Focusing on the "14th Five-Year Plan" period and the two key milestones of before 2030 and before 2060, it proposes five main objectives: building a green, low-carbon, and circular economic system; improving energy efficiency; increasing the share of non-fossil energy consumption; reducing carbon dioxide emission levels; and enhancing the carbon sink capacity of ecosystems.

In the current context of carbon neutrality and peak carbon emissions, it is imperative for industrial enterprises to save energy and reduce consumption. Adopting industrial LED energy-saving lighting solutions helps promote the achievement of energy conservation and emission reduction goals. Currently, high-energy-consuming light sources are widely used in industrial lighting, such as metal halide lamps, high-pressure sodium lamps, incandescent lamps, and high-transmittance spherical fluorescent lamps. These light sources consume significant amounts of electricity, have limited control options, and produce substantial thermal radiation. Industrial LED lighting not only offers significant advantages in energy saving but also features environmental protection, long lifespan, no radiation, and no pollution. Under equivalent usage conditions and lighting effects, industrial LED luminaires consume only one-third of the electricity of traditional luminaires, while also having a longer service life, which effectively promotes enterprises in achieving their energy conservation and emission reduction targets.

同时，在工业4.0背景下，智能照明也是打造数字化工厂的重要环节之一。未来在数字化工厂的持续推进下，工业照明作为生产的辅助设备，也正逐步走向智能化，作为LED照明发展的未来重要方向，智能照明应用迎来良好发展阶段。

According to the "2019-2024 China and Global LED Industrial Lighting Market Analysis Report" issued by Qianzhan Industry Research Institute, the output value of China's industrial LED lighting equipment was approximately RMB 48.3 billion in 2020. In the coming years, with the implementation of energy saving, environmental protection, and safe production policies in China, the output value of industrial LED lighting equipment will maintain steady growth. The compound annual growth rate from 2020 to 2024 is expected to remain at around 9%, reaching RMB 67.1 billion in 2024.

In summary, driven by energy saving and consumption reduction, safe production, and intelligent manufacturing, industrial enterprises are continuously improving their understanding of professional lighting, with LED light sources continuing to penetrate the market. On the other hand, events such as dual control of energy consumption and the expansion of electricity price fluctuation ranges are expected to further enhance the emphasis industrial enterprises place on energy saving and consumption reduction in lighting. As a leading enterprise in industrial LED lighting, Purple Light Lighting is seizing a favorable development opportunity. The company possesses technological, product, brand, and customer advantages within the industry, with expected increases in market share and concentration, and its growth potential is poised for continuous realization.