PR93603

SHENZHEN, China, Dec. 10, 2021 /PRNewswire=KYODO JBN/ --

Global-leading Shenzhen-based LED enterprise Unilumin Group, issued a public

announcement. Unilumin's Chairman Lin Mingfeng signed an agreement to donate

his private equity of 11 million shares of Unilumin stock (worth nearly RMB 100

million according to the transaction price on the settlement day) to the

Unilumin Foundation, for charitable purposes.

Through an open letter, Lin Mingfeng explained the donation's intention. He

mentioned the hard experience of his rural childhood, and attributes his

success to the open policy in China and also the support from his colleagues.

He hopes to light up rural roads with street lamps provided by Unilumin's

leading edge in LED lighting and display, so as to give back to society.  

Besides the Chairman's donation, Unilumin Group has always been committed to

CSR. To fight Covid-19, for example, Unilumin created a global endowment

consisting of 5 million yuan and supplies.

Early in 2017, Lin Mingfeng and his colleagues had the idea of engaging in

public welfare, establishing the Unilumin Foundation in Shenzhen thereafter.

Since then, he's noticed that making Unilumin Foundation a platform for

Unilumin's stakeholders to demonstrate their philanthropy, and thus make the

foundation thrive. As a result, he decided to donate his private equity of 11

million shares of Unilumin to the Unilumin Foundation to enrich the

foundation's capital pool and motivate more Unilumin people to participate in

charity.

Lin Mingfeng said that he bears primary responsibility for running the company

well and providing excellent products and services to Unilumin's customers, and

at the same time, maintaining ESG responsibility. In the future, the Unilumin

Foundation will focus on "rural revitalization, medical assistance, student

assistance and teaching assistance" and seek an innovative public welfare model

of sustainable development.

Contact: Estella Yan, estella.yan@unilumin.com

Source: Unilumin Group

Image Attachments Links:

   Link: http://asianetnews.net/view-attachment?attach-id=410422

   Caption: Lin Mingfeng, Chairman of Unilumin

   Link: http://asianetnews.net/view-attachment?attach-id=410424

   Caption: Unilumin Street Project in Italy