ENVIRONMENTAL SOCIAL AND

CORPORATE GOVERNANCE (ESG)

REPORT

UNILUMIN GROUP CO. LTD.Headquarter: No. 18 Haoye Road Baoan District

Shenzhen China 518103

Factory: No. 3 Longsheng Fifth Road Western

Daya Bay Huiyang District Huizhou China.数Fig说ur2e0s2 o4f 2 0 2/4 深 / 圳 市 U洲ni明lum科i技n G股r份ou有p 限Co公. 司Ltd . / / 2 022042年4 环En境vir、on社m会en和ta公l 司So治cia理l a（nEdS CGo）rp报o告rate Governance Report 2024 Environmental Social and Corporate Governance Report / Unilumin Group Co. Ltd. / Figures of 2024

Figures of 2024

Building a ·The coverage rate of new supplier sifting by environmental standards and social standards

sustainable reached 100%.Environmental responsibility supply chain ·We conducted ESG compliance inspections for suppliers' manufacturing process.Drive the green development of the industry through green innovation ·The public welfare program "Lighting up the Countryside" has accumulatively donated 6000 LED

Global expan- street lights which cover 21 provinces in China and two foreign countries and benefit over 10000

sion of public rural residents.·The Company has launched the next-generation UMini/UMicro LED display products which achieve welfare ·The "Enlightening the Future" Pilot Zone for Educational Revitalisation benefited 8000 teachers

approximately 50% reduction in energy consumption compared to traditional products and reduce and students and formed a replicable rural education solution.program

Matrix of carbon emissions. ·Hours spent by employees in volunteer services were 205 hours in this year and 368 hours in the aggregate.low-carbon ·The high-luminous-efficiency LED technology has a luminous efficacy of 180lm/w which is 125% higher than that of traditional high-pressure sodium (HPS) lights. With the UNI-STA7 Series LED street

products lights the Company was awarded the national-level Low Carbon Product Supplier Certificate. Notable effect ·We accumulatively held 11 public benefit health events including health walks which cover over

·After our LED displays obtained the Product Carbon Label Evaluation Certificate as the first in the in health initia- 2000 person-times.industry in 2024 our COB products (UMini/UMicro platform) and the UNI-STA7 Series LED street lights tives ·We donated sports facilities that were worth RMB3 million for stadium construction to promote successively passed the carbon label evaluation. fitness for all.·The Company and its subsidiary Shenzhen LAMP Technology Co. Ltd. (renamed as "LAMPRO") was

awarded the title of "Carbon Neutrality Commitment Demonstration Unit" by the Ministry of Industry

and Information Technology for its technical advantages in LED display products.·A total of 27 series of products including Upanel II and UminiW received the carbon footprint certifica-

Breakthroughs tion (including the Intertek Green Leaf Statement and the carbon footprint certificate) as well as the

in lifecycle "Green Leaf Mark".ED street lights the Company was awarded the national-level Low Carbon Product

carbon man- Supplier Certificate. Corporate governance

agement ·Carbon footprint verification was conducted for 19 series of products of the Company and its subsidi-ary LAMPRO. Dual driving force with compliance and innovation

·The annual power generation of distributed photovoltaic generation facilities in the Company's Daya

Bay Smart Manufacturing Base was up to 1133150 kWh.Continuously optimising the governance system

·The Company's information disclosure received the highest "A" rating from Shenzhen Stock Exchange.·We have established a rational governance system. Our directors are with diverse professional backgrounds. Indepen-

Social responsibility dent directors make up 3/7 of the board and can made decisions independently.·In terms of digital governance we boosted the UBS program to support digital transformation and establish an excellent

operational system.Empower sustainability from multiple dimensions

· "U Fund" has provided RMB1.52 million and accumulatively helped 633 employees.Upgrading the Breakthroughs in intellectual properties·We have established the "Six Navigations (Pathfinding Seagoing Shifting Sustaining Sailing and

employee Guiding)" talent cultivation system which combines training with practices and improves the talent ·The Company was awarded a Grade III certificate in the grading evaluation of innovation and IP management under the

benefits system retention rate of key positions. ISO 56005 international standard becoming the first enterprise in the LED display industry nationwide and in Shenzhen

to achieve this distinction.·The Company has successively obtained licensing for 74 invention patents and obtained 176 utility model patents 90

·In 2024 the Group has 1124 technical personnel making up 19.94% of total headcount and has design patents 166 software copyrights and 54 trademarks.invested RMB376 million in R&D which makes up 4.84% of its revenue.Establishing the ·We have made notable strides in next-generation Micro LED display technology LED + AI energy

Metasight conservation and health and other fields.ecosystem with ·Pioneering integrated Metasight solution enables hardware-software collaboration.innovation ·By establishing the Metasight ecosystem we realised mutual development with diverse participants.ESG management for the supply chain

·We collaborated with industry partners to cultivate technical talents and form a "3-hour service circle".synergy ·We have been certified against ISO 9001 standard for the quality management system with the certifi- ·The signing rate of the Integrity Agreement by suppliers reached 100%.cation scope covering the entire group.02 04

ENVIRONMENTAL

RESPONSIBILITY CORPORATE GOVERNANCE

Integrity and Compliance for

Green and Low-carbon Robust Development

Harmonious Coexistence

Solidifying the Foundation of Compliance

through Rational Governance 55 06

Guiding the Evolution of

Eco-friendly Products and Clearing the Source by Anti-corruption

Services 11 and Improving the Supervision System 59 APPENDICES

Enhancing Resource Strictly Controlling Risks and Building

Utilisation Management 19 a Wall for IP Protection 61

Positive Climate Response 22 Environmental ESG KPIs 65

Standardising the Emissions Social ESG KPIs 67

Management System 23

01 Governance ESG KPIs 69

ABOUT THE REPORT 03 05

Chairman's Massage 02 SOCIAL RESPONSIBILITY

About Unilumin 03

Sustainability Management 07 Heart-to-heart and VISION OF THE FUTURE

Hand-in-hand Journey

Protecting the Rights and Deepening the Carbon Management

Interests of Employees and System Construction 63

Supporting Employee Development 27

Accelerating the Implementation of

Being Passionate About Public the Carbon Neutrality Strategy 63

Welfare Building a Better Society 34

Expanding the Boarder for Social

Establishing the Metasight Value Creation 64

Ecosystem with Innovation Synergy 40

Improving the Modernisation of

Establishing a Sustainable Corporate Governance 64

Supply Chain with Joint Efforts 50

CONTENTSAbout the Report / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report 2024 Environmental Social and Corporate Governance Report / Unilumin Group Co. Ltd. / Chairman's Message

ABOUT THE REPORT

This is an Environmental Social and Corporate Governance Report (hereinafter referred to as "ESG")

issued by Unilumin Group Co. Ltd. (hereinafter referred to as "Unilumin or "the Company") which disclos-

es the performance and management measures of Unilumin on the economic environmental social and

governance aspects in 2024. This Report contains no false records misleading statements or significant

omissions and the Company is responsible for the truthfulness accuracy and completeness of the

content.Scope Chairman's Message

This Report covers the information and data of Unilumin and its subsidiaries for the period from 1 January

2024 to 31 December 2024 (the "Reporting Period") with some information tracing back to 2023 or before In an era of global movement toward sustainability Unilumin has consistently positioned itself at the

or extending to 2025. forefront by deeply incorporating the ESG concepts into its development.Harnessing LED light sources' superior characteristics of "high photovoltaic conversion efficiency

Basis of preparation extended longevity and environmental friendliness" we have seized the opportunity of "energy conser-

vation carbon reduction and green development" to spearhead the Third Lighting Revolution. We take

This Report has been compiled by referring to the GRI Standards for Sustainability Reporting issued by the the green design concept and low-carbon development requirements as important guidelines for our

Global Sustainability Standards Board (GSSB) the Self-regulatory Guidance No.2 for Companies Listed on corporate strategy. Starting from technology innovation and product R&D we have established a green

the Shenzhen Stock Exchange - Standardised Operation of ChiNext Listed Companies the Code of Corpo- supply chain that covers the entire product lifecycle and gradually realised the transparent manage-

rate Governance for Listed Companies the Self-Regulatory Guidance No.3 for Companies Listed on the ment of product carbon emissions. From meticulous raw material selection and rigorous production

ChiNext Market of Shenzhen Stock Exchange - Preparation of Sustainability Report and the Guide for controls to product use after sale every phase reflects our consideration of impact on the environment.Business Action on the SDGs (the United Nations Sustainable Development Goals) while combining In our R&D process we have conquered key technical difficulties regarding high energy efficiency

features of Unilumin and the industry. weight reduction and recyclability successfully establishing a full-spectrum product lineup that aligns

with low carbon and energy conservation requirements. Moreover by fostering seamless collaboration

across the value chain we continue to empower the green development of the industry.Information sources We always carry a strong sense of social responsibility. To care for our employees we create a safe and

Financial data in this Report is from the 2024 Annual Report of Unilumin. In case of any differences the healthy working environment for them build a fair compensation system and provide diverse career

Annual Report shall prevail. Other information and data mainly come from the Company's official docu- development paths. By operating with integrity we safeguard the rights and interests of shareholders

ments and related internal statistical reports or documents. Amounts involved in this Report are denomi- and employees. Through the Unilumin Public Welfare Foundation we actively engage in charity and

nated in RMB. public welfare undertakings. In 2024 the Unilumin Public Welfare Foundation spent RMB6.94 million in

multiple fields such as education and culture rural revitalisation sports and health to contribute to the

harmonious development of the society with practical actions.Access to this Report We understand that a perfect governance structure is the cornerstone for steady progress. The Company

It's an independent ESG report with simplified Chinese version and English for the review by readers. For has established a fair and transparent decision-making mechanism to ensure that decisions are rational

online browsing or downloading of this Report please visit the website of Unilumin (https://en.unilu- and reasonable and in line with long-term development and the interests of stakeholders. With a strict

min.com) or Shenzhen Stock Exchange. supervision system we ensure compliance and efficiency in operations. We actively maintain close com-

munication with investors partners and other stakeholders listen to the voices of all parties and

continuously optimise our corporate governance system.Contact information Looking forward we will adhere to the path of sustainability. Driven by technology innovation shoul-

Unilumin Group Co. Ltd. dering social responsibility and guaranteed by excellent governance we will contribute more "Unilu-

Address: Floor 1-3 Building B No.18 Haoye Road Tongfuyu Industrial Zone Heping Community Fuhai min Power" to global sustainability.Sub-District Bao'an District Shenzhen

Tel.: 0755-29918999

01 02About Unilumin / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report 2024 Environmental Social and Corporate Governance Report / Unilumin Group Co. Ltd. / About Unilumin

About Unilumin Global PresenceGermany

Poland

Canada

Italy

About the Company NetherlandsUnited Kingdom

Unilumin Group Co. Ltd. is a global leading provider of LED display and lighting products and Metasight France

solutions which was established in 2004 with its shares listed on the ChiNext market since 2011 (stock

United States

code: 300232).Egypt

Vietnam

It has maintained its position as the industry No.1 and world No.1 LED display manufacturer in terms Thailand

Sri Lanka

of sales and delivered total area for several consecutive years.Pakistan

Among the first batch of national high-tech enterprises Unilumin has consecutively won the "Manufactur-

ing Single-item Champion" Award issued by the Ministry of Industry and Information Technology and won Australia

the "First Prize of the National Science and Technology Progress Award" in 2020. Unilumin has over 40

wholly owned subsidiaries and holding companies forming a sales service network reaching 160 coun-

tries and regions and with more than 5600 channel partners all over the world. It also has an integral

system covering R&D manufacturing sales and services and its independent manufacturing bases. The In-depth

With businesses

LED Smart Manufacturing Base at Daya Bay Huizhou covers an area of 400000 square metres and is cooperation reaching over With over with over

currently the global largest LED smart manufacturing base. 160 1000 5600

countries and regions sales and service elites global channel partners

worldwide

Core values of the Company

Vision

Focus on technologies and designs and

become the leader in Metasight industry

Mission

Display a glorious world and light up

a happy life

Core values

Fuyong Headquarters Pingshan ROE Base The Daya Bay Smart The Zhongshan Smart Mindfulness with altruism and

in Shenzhen Manufacturing Base Manufacturing Base progress with innovation

03 04HonorsSustainability Management / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report 2024 Environmental Social and Corporate Governance Report / Unilumin Group Co. Ltd. / Sustainability Management

Sustainability Management ESG governance system

The Company has started building its ESG governance system continuously improved the top-level design for its ESG

ESG motivation and philosophy capacity and improved the management system and the ESG governance structure to promote the integration of the sustainability concept into the Company's values and business practices.During the Reporting Period the Company established a three-level ESG management structure which comprises

Under the global trend of sustainability ESG has become the core driving force in reconstructing the business the decision-making level the management level and the implementation level. Primary duties of the structure and

ecosystem and spans across policy regulation capital allocation supply chain management and the entire each level are as follows:

chain of value creation. As a leading enterprise in the LED display industry Unilumin is deeply aligned with the

global ESG development trend and has integrated the sustainability gene into its strategic core to build an ESG

governance system driven by "value creation + responsibility fulfilment". The Company has established a Decision-making level

comprehensive management framework covering environment society and governance by benchmarking The Strategy and Sustainability Committee under the Board of Directors

against the United Nations Sustainable Development Goals (SDGs) and the ISO 26000 social responsibility As the highest decision-making body for the Company's sustainability

standards to promote the deep integration of ESG strategy into business management continuously optimise management it is responsible for reviewing and approving the Compa-ny's ESG reports. Decision-

the governance structure technology innovation and industrial upgrading and build a sustainability model that making level

meets global standards. Management level

Senior management

It's responsible for identifying mitigating managing and

monitoring costs and resources (such as employees and

technologies) required to respond to impacts risks and oppor- Management level

tunities related to sustainability to ensure that the Company's

sustainability-related measures can be effectively implement-

ed and supported by sufficient resources.Implementation level

The dedicated ESG group

It's led by the Securities Investment Department with Implementation level

members selected from different departments and

equipped with sufficient ESG-related knowledge and

Value creation Responsibility fulfilment the Company's businesses. The group is responsible

for statistical analysis of data preparation of the

sustainability report and other specific work.A dedicated ESG group has been established

which will lead the preparation of the first We have completed the identification of key ESG

sustainability report to demonstrate the risks and formulated the countermeasures.Company's ESG-related performance and

progress.In the future the Company will take ESG as a strategic pivot to deepen global practices. It will

enhance its environmental performance through green manufacturing and low-carbon opera- Major

tions strengthen social responsibility management and governance transparency and strive

to become a benchmark for ESG practice in the global LED display industry. By building a co-ex- progress

isting system of economic social and environmental values the Company will continuously

enhance its global competitiveness create long-term sustainable returns for shareholders

We have promoted green procurement and We have conducted internal control audits and

customers and society and achieve a strategic upgrade from an industry leader to a sustain- supply chain management to ensure our established an effective internal control and compli-

ability model. partners satisfy the environmental standards ance system.and encouraged their participation in

EcoVadis rating.

07 08In an era of global movement toward sustainability Unilumin has consistently positioned itself at the

forefront by deeply incorporating the ESG concepts into its development.Harnessing LED light sources' superior characteristics of "high photovoltaic conversion efficiency

extended longevity and environmental friendliness" we have seized the opportunity of "energy conser-

vation carbon reduction and green development" to spearhead the Third Lighting Revolution. We take

the green design concept and low-carbon development requirements as important guidelines for our

corporate strategy. Starting from technology innovation and product R&D we have established a green

supply chain that covers the entire product lifecycle and gradually realised the transparent manage-

ment of product carbon emissions. From meticulous raw material selection and rigorous production

controls to product use after sale every phase reflects our consideration of impact on the environment.In our R&D process we have conquered key technical difficulties regarding high energy efficiency

weight reduction and recyclability successfully establishing a full-spectrum product lineup that aligns

with low carbon and energy conservation requirements. Moreover by fostering seamless collaboration

across the value chain we continue to empower the green development of the industry.We always carry a strong sense of social responsibility. To care for our employees we create a safe and

healthy working environment for them build a fair compensation system and provide diverse career

development paths. By operating with integrity we safeguard the rights and interests of shareholders

and employees. Through the Unilumin Public Welfare Foundation we actively engage in charity and

public welfare undertakings. In 2024 the Unilumin Public Welfare Foundation spent RMB6.94 million in

multiple fields such as education and culture rural revitalisation sports and health to contribute to the

harmonious development of the society with practical actions.We understand that a perfect governance structure is the cornerstone for steady progress. The Company

has established a fair and transparent decision-making mechanism to ensure that decisions are rational

and reasonable and in line with long-term development and the interests of stakeholders. With a strict

supervision system we ensure compliance and efficiency in operations. We actively maintain close com-

munication with investors partners and other stakeholders listen to the voices of all parties and

continuously optimise our corporate governance system.Looking forward we will adhere to the path of sustainability. Driven by technology innovation shoul-

dering social responsibility and guaranteed by excellent governance we will contribute more "Unilu-

min Power" to global sustainability.Sustainability Management / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report 2024 Environmental Social and Corporate Governance Report / Unilumin Group Co. Ltd. / Sustainability Management

Communication with stakeholders Material issues

The Company complies with the guidance of stock exchanges and the GRI Standards. It has established a mecha- Adopting the management's analysis and the Delphi method and combining domestic and overseas ESG trends

nism for communication with stakeholders and has systematically identified 9 categories of primary stakeholders. requirements of stock exchanges rating standards hot topics of the society industry practices and GRI Standards

Through interviews investigations themed conversations questionnaire surveys and other channels of interac- the Company identified and confirmed material issues in environmental social and governance areas and formu-

tion with stakeholders we obtained a thorough understanding of stakeholders' core demands regarding sustain- lated a list of 20 core issues covering corporate governance social and environmental areas to ensure that the

ability and responded to stakeholders' expectations through sustainability information disclosures. issues are in line with the sustainability strategy and stakeholders' demands.Stakeholders Way to Communicate

Governmental and ·Strictly comply with laws and regulations of different operating locations

regulatory agencies ·Conduct business activities in good faith and pay taxes according to law·Participate in the research and formulation of policies and plans

Social

·Hold shareholders' meetings ·Empowering the industry ecosystem

Investors ·Regularly disclose operational and financial information ·Innovation-driven development

·Have regular and daily communication with investors ·Intellectual property (IP) protection

·Customer service and experience Corporate

Employees ·Conduct an employee satisfaction survey ·Product quality and safety governance

·Provide channels to collect employees' needs ·Sustainable supply chain

Environmental ·Information safety and privacy protection ·Sustainability

management

·Formulate the quality management system and smooth the service network ·Emissions management ·Interests and welfare of employees ·Corporate governance

·Provide channels for suggestions ·Resource utilisation ·Diversity equality and inclusionCustomers ·Conduct product satisfaction surveys ·Business ethics

·Consecutively make technology innovation ·Climate response ·Employee training and development

·Enact policies to combat counterfeits on the market ·Eco-friendly products ·Occupational health and safety

·Biodiversity protection ·Public charity

·Establish fair and transparent procurement principles and processes

·Advocate sustainable supply chain and conduct ESG management for the

Suppliers supply chain

·Provide suppliers with regular communication and training

·Expand channels for cooperation and communication

Distributors ·Unblock channels for feedback about products and services

·Carry out public benefit activities

Community organisations ·Support local development

Colleges and universities research ·Hire them as the Company's technical consultants

institutions and experts ·Conduct joint R&D programs

·Actively participate in industry association events

Industry associations and peers ·Ensure that the Company's products and services reach the industry standards

09 10Environmental Responsibility: Green and Low-carbon Harmonious Coexistence / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Environmental

Responsibility

Green and Low-carbon

Harmonious Coexistence

Key issues

Climate response Biodiversity protection Resource utilisation

Emissions management Eco-friendly products

Corresponding SDGs

11 12Guiding the Evolution of Eco-friendly Products and Services / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Green design

（1） High-luminous-efficiency technology

Luminous efficiency represents the luminous flux generated by 1 watt of electricity. The higher a

product's luminous efficiency is the less the electricity consumption is to generate the same luminous

flux. Unilumin focused on optimising the energy consumption and efficiency of products and mainly

developed LED display and LED lighting products with notable energy saving features.Focusing on raising the energy efficiency and reducing the energy consumption of LED display and

lighting products the Company developed energy-efficient green products aiming to reduce energy

consumption of unit luminous flux through technology innovation.Guiding the Evolution of Eco-friendly The Program "Key Technologies and Their Industrialisation

Achieve- for High-luminous-efficiency and Long-life Semiconductor

Products and Services ments in Lighting" was awarded the First Prize of the National 2019 Science and Technology Progress Award with the new

LED lighting sources achieving energy savings of over 70%

The Company has been practicing the green and low-carbon development concept. Relying on the LED Metasight compared with traditional lighting sources and reaching global leading level.technology innovation and integrated solutions Unilumin has driven the industry to high-quality sustainability

through the new energy-conserving and eco-friendly layout. The Company and its subsidiary LAMPRO were awarded

the title of "Carbon Neutrality Commitment Demonstration Unit" by the Ministry of Industry and Information Technol- Achieve-

ogy for its technical advantages in LED display products. UL Solution (a third-party safety certification institution) tested our modules. The ments in

result indicated that the luminous efficiency reached 256 lm/W which was at 2024

industry leading level.

（2） Advanced LED technologies and packaging technologies

The Company leverages advanced LED technologies and packaging technologies to improve luminous efficiency and

energy utilisation rate: In terms of micro LED in package (MIP) which is the micro LED chip scale packaging for mini

devices the Company was the first to make a breakthrough in the mass transfer technology and realised substrate-free

0202 (0.2mm x 0.2mm) packaging for micro LED chips at a 30μm x 50μm scale. Compared to traditional technologies this

breakthrough significantly improved the heat dissipation and luminous efficiency. Moreover Unilumin also made a

breakthrough in the small-pitch LED display technology which not only realised higher pixel density and colour accura-

cy but also reduced the energy consumption of unit area. These dual technology innovations collectively raised product

energy efficiency and reinforced low-carbon capabilities accordingly.Promoting the design and R&D of eco-friendly products

（3） Innovative heat dissipation design

The Company thoroughly practices China's "carbon peaking and carbon neutrality" strategy and addresses the

The Company's LED products feature an innovative heat dissipation design. Taking the UNI-STA7 Series and UNI-STB6

market demand for low-carbon and eco-friendly solutions. By integrating environmental impact assessments into the Series street lights as an example they adopted an independent power supply unit and a structure characterised by

front end of the Integrated Product Development (IPD) process through product lifecycle management we have separation of heat and electricity which improved the heat dissipation efficiency through the optimised heat dissipation

made significant breakthroughs in efficient heat dissipation energy-saving designs lightweight materials and modu- layout. Such design not only lowered the operating temperature of equipment and extended the lifespan of products

lar recyclable designs. but also reduced energy consumption and carbon emissions contributing to reinforced low-carbon capabilities of products.Taking advantage of eco-friendly technology innovation the Company launched the next-generation green products

with lower energy consumption higher energy efficiency and longer life completed upgrades of products on all lines （4） Multi-scenario adaptability design

and established a benchmark for low-carbon development of the industry. Moreover the Company made break-

throughs in ultra-low-attenuation LED light source modules and system integration technologies which not only The Company's LED displays and lighting products had full-scenario adaptability. Through intensive design products can

reduced the costs of end products and increased added value of products but also accelerated the industrialisation be used in diverse application scenarios which reduced the production of products with a single function and resulted in less resource consumption and carbon emissions in the production process.and large-scale application of the technologies.

13 14Guiding the Evolution of Eco-friendly Products and Services / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Low-carbon and eco-friendly flagship products Case: Low-carbon and eco-friendly flagship products

UNI-STA7 Series LED street lights: UMini/UMicro

Being equipped with optical grade PC lens these street lights feature an overall luminous efficacy of 180lm/w with an These platforms can largely reduce energy consumption and carbon emissions through the

energy-conserving efficiency up to 80% and achieving further energy savings through compatibility with multiple efficient LED technologies and the intelligent energy-conserving control system.intelligent control systems. The products are widely used in large urban lighting retrofitting projects through which Energy conservation effect: Compared to comparable products Unilumin's LED displays

the Company has been awarded the national-level Low Carbon Product Supplier Certificate. achieve over 50% reduction in energy consumption given the same luminosity exhibiting

notable energy-conserving effects.UNI-STB6 Series LED street lights:

These street lights feature an overall luminous efficacy of 180lm/w

with an energy-conserving efficiency up to 80%. With unique Usurface PL1 Series

anti-dazzle design they are beneficial to driving safety. The products With the DVPS energy-conserving technology the Usurface PL1 Series can substantially

are compatible with multiple intelligent control systems which reduce energy consumption. Usurface PL1 screens with a total area of 100 m2 can signifi-

realise further energy savings. They are widely used in large urban cantly reduce energy consumption by saving approximately 36500 kWh of electricity

lighting retrofitting projects through which the Company has been annually.awarded the China Certificate for Energy Conservation Product.Energy consumption reduction Developing eco-friendly integrated solutions

Intelligent Energy-conserving Control System Through the innovative application of Energy Management Contract (EMC) mode the Company integrated its hardware equipment intelligent control system and professional services to provide customers with systematic

The Company's LED displays and lighting products are equipped with an intelligent energy-con- energy conservation solutions. The Company independently developed the high-luminous-efficiency LED

serving control system which can intelligently adjust the luminosity and power consumption technology with luminous efficiency of 180lm/w representing a 125% increase compared with that of traditional

according to the ambient light viewing distance and usage scenarios ensuring a dynamic high-pressure sodium lights. With the intelligent lighting control system lighting parameters can be optimised

balance between display effect and energy consumption. The system can monitor energy based on environment conditions and user demands. Furthermore with intelligent sensors and remote manage-

consumption data in real time offer visualised analysis and energy saving suggestions help users ment platforms we have achieved precise monitoring and optimised scheduling of energy consumption result-

optimise energy management and realise intelligent low-carbon operations. ing in higher energy efficiency and lower operational costs.Under the EMC operation mechanism which requires zero initial investment and involves no risk payments are

made in instalments based on electricity saving benefits. At the end of the project term the ownership of equip-

ment is transferred at no cost. This model has been successfully adopted in countries across Europe and South

Energy-conserving Solution of the Cool Screen Technology America which not only reduces electricity costs for customers but also enables them to get additional benefits

Unilumin's UMicro 0.4 Series products have adopted the "cool screen technology" with maximum power consumption of only through carbon asset transactions. This initiative sets a benchmark for global carbon neutrality by offering an

200W/m2. Taking advantage of a low-temperature environment design the technology enables temperature control even during innovative approach of "technical transformation + benefit sharing".

continuous operation with high luminosity which markedly improves energy efficiency.Promoting design and R&D

of eco-friendly products

Luminous efficiency of products

Common Cathode Energy-conserving Solution using the LED technology reaches

The common cathode solution for Unilumin's LED displays minimises heat loss caused by excess voltage through precise voltage 180lm/w

distribution. Low working temperature maintained by a common cathode display contributes to the prolonged life of lamp beads

and ensures the homogeneity and stability of images. The solution does not need redundant heat dissipation devices in the With a Solution

cabinet-type module which reduces costs for materials and moulds. Currently the solution has been applied to series products 125% increase

such as UminiW and UMicro. For instance the UminiW (P1.8) achieves the maximum single-cabinet power consumption of merely Setting a benchmark for global

30W representing a significant 70% reduction compared with the standard single-cabinet power consumption of 95W. carbon neutrality by offering an

innovative approach of

"technical transfor-

DVPS Energy-conserving Solution mation

Unilumin's DVPS energy-conserving solution improves energy conversion efficiency by optimising the power management system +

and LED driving circuit. The design significantly reduces energy consumption of LED products while maintaining consistent benefit sharing"

luminosity thereby demonstrating exceptional energy-conserving performance surpassing that of comparable products. The

solution has been applied to LED display products including USK and Usurface PL1 for efficient energy utilisation.

15 16Guiding the Evolution of Eco-friendly Products and Services / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Conducting product carbon footprint

Case EMC project for Guangzhou Shenzhen superhighway verification and certification

Since 2012 the Company has carried out the Chinese first large EMC project for Guangzhou Shenzhen As a leader in the industry in terms of carbon footprint management the Company was the first in the industry to

Superhighway. This project has five "No.1" titles in the industry respectively the domestic first and obtain the Product Carbon Label Evaluation Certificate in 2023 and a LED display manufacturer with carbon label

longest highway accepting LED transformation the first big LED transformation project after the certified by TüV SüD. It has built a lifecycle carbon management system covering the acquisition of raw and

issuance of the Implementation Plan of Guangdong Province for the Promoting and Application of LED auxiliary materials and the manufacturing transportation use and disposal of products. In 2024 the Company's

Lighting Products the domestic first highway that uses LED street lights for the whole route the COB products (the UMini/UMicro Platform) and the UNI-STA7 Series street lights successfully passed the carbon

domestic first road transformation project adopting the ten-year EMC mode and the domestic first label evaluation.highway that uses the LED intelligent control system for the whole route.Guangzhou Shenzhen Superhighway is the core major highway in Guangdong Province and has street

lights along the whole route. The energy saving rate is an important performance indicator. The

project used 6280 Unilumin's fourth generation 100W LED street lights to replace the previous 250W

high-pressure sodium lights with an energy saving rate up to 72%. In this project the Company

deployed the industry-leading intelligent remote stepless dimming control system. Wireless transmis-

sion was adopted between the centralised controller of the monitoring system and each light. Each

light can store its one-week operation data and can provide lighting on demand to further save energy.Moreover the system functions include remote monitoring and control for a single light traffic flow

adaptability adjustment and data collection and analysis.Carbon Footprint Verification Reports for 19 series of Carbon Label Evaluation Certificate

products of the Company and its subsidiary LAMPRO (partial for the COB products (the UMini/UMi-

certificates showed only) cro Platform)

Case: Several series of Unilumin's LED displays obtained the carbon

footprint certification

In 2024 the Company received carbon footprint certifications from Intertek and Beijing Saidi Certification Centre

(including the Intertek Green Leaf Statement and the carbon footprint certificate) for 27 series of products as well

as the "Green Leaf Mark". The certifications covered products such as the Upanel II and UminiW series LED display

Winning the bid for the domestic first whole-route highway LED street light products. The statement and certificate were awarded following assessments conducted in accordance with ISO

transformation project 14067:2018 Greenhouse Gases - Carbon Footprint of Products - Requirements and Guidelines for Quantification and ISO 14040:2006 Environmental Management - Life Cycle Assessment - Principles and Framework. The assess-

ments encompassed calculations of greenhouse gas emissions at the stages of raw material acquisition manu-

Achieving an unprecedented luminous efficiency of 122 LM/W per light facturing and distribution as well as evaluations of carbon emissions throughout product lifecycle. The joint

establishing a benchmark in the LED street light industry certifications from domestic and international bodies implemented a product carbon footprint evaluation

service which not only provided data support for the Company's energy-efficient and low-carbon production and

supply chain management but also provided valuable carbon footprint data for downstream enterprises to

Comprehensive energy savings of over 70% participate in global green trade initiatives laying a solid foundation for the Company's favourable position in the

global green trade initiatives.The domestic first road transformation project adopting the ten-year EMC mode

The domestic first highway that uses the LED intelligent control system

for the whole route

17 18Enhancing Resource Utilisation Management / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Biodiversity protection Improving energy management

By incorporating dark-sky conservation principles into lighting product designs the Company has developed intelli-

gent luminaires featuring low colour temperatures and high shield rate using precise light control technology The Company has continuously deepened its commitment to green and low-carbon

mitigating light pollution and protecting the natural night skies. By virtue of professional optical designs (light distri- concept in clean production by implementing source reduction and process control

bution control + low colour temperature + light-tight accessories + dynamic dimming) the Company's existing continuously optimising production technologies improving energy efficiency and

dark-sky conceptual products the Beluga Manta and Marlin series flat-glass street lights meet the criteria for Dark striving to establish an eco-friendly and efficient production mode.Sky certification defined by the International Dark-Sky Association (IDA). Applied in smart city projects across multiple

European countries these series products satisfy nighttime traffic and landscape lighting needs while offering

innovative solutions for biodiversity protection and urban ecological balance through light pollution control. Efficient energy-conserving

production equipment: Intelligent control system:

By introducing production equipment with

high energy efficiency and low energy By adopting the advanced digital control system and

consumption (such as energy-conserving establishing the BI and the SCADA (Supervisory Control

motors energy-efficient compressors and and Data Acquisition) system the Company realised

energy-conserving wafer bonders) the automatic and intelligent control of the production

Company notably reduced energy process. By precisely managing parameters the Company

consumption and improved production improved production precision and efficiency and

efficiency. reduced energy waste.Enhancing Resource Utilisation Meanwhile the Company actively promoted the application of clean energy and the transformation of energy struc-ture. In 2024 the annual power generation of distributed photovoltaic generation facilities at the Company's Daya Bay

Management Smart Manufacturing Base was up to 1133150 kWh. In 2025 the expected annual power generation of photovoltaic generation project at Zhongshan Base will be 100000 kWh.The Company values energy and resource management. It strictly complies with the Environmental Protection Law of

the People's Republic of China the Energy Conservation Law of the People's Republic of China and other laws and

regulations and has formulated a comprehensive energy management system encompassing target management

organisational structure and responsibility framework including the Regulations on the Management of Energy Power generation up to

Targets the Institutional Regulations on Energy Management the Regulations on Energy Management Responsibili- 1133150 kWh In 2025 the expected annual power genera-

ties and other internal regulations to drive continuous low-carbon upgrades in the Company's production and opera- tion of photovoltaic generation project in

tions. As at the end of 2024 the headquarters and all the manufacturing bases have been certified against the ISO Zhongshan Base will be

5001 standard for energy management systems. 100000 kWh

As a benchmark enterprise for green manufacturing the Company has integrated the eco-design concept into the

entire lifecycle of products and has formulated a medium- to long-term plan concerning green factory. Besides it has

been successfully listed in Green Manufacturing List of the Ministry of Industry and Information Technology and

certified as a "Green Factory" and has also entered the "Fourth Batch of Green Design Demonstration Enterprises for

Industrial Products". These achievements set a fine example for sustainability within the industry.

19 20Enhancing Resource Utilisation Management / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Optimising water resource management Proactive Climate Response

The Company strictly complies with the Water Law of the People's

Republic of China and conducted all-round management of water The Company has actively responded to challenges brought by global climate change and promoted all-round

use in production processes from three aspects respectively water low-carbon transition by improving internal management and product technology innovation.saving from the source water saving in processes and recycling of

water to improve the water use efficiency.Setting up the emergency management structure

The headquarters have established an emergency rescue

team and arranged an emergency command and an emergen-

cy command organisational structure in each park. The struc- Response

ture comprises functions and technical personnel responsible

for emergency rescue evacuation and safeguarding medical

aid communication and logistics support. We have offered

training and drills at least 4 times each year to enhance quick

Water Handling

saving Efficient water saving equipment

response capabilities and emergency preparedness mecha- Prevention

nisms of the emergency team and promptly addressed hidden

from the We have actively adopted water-saving taps and toilets low-flow showerheads and other dangers identified in drills to form a closed loop of "preven-

source efficient water-saving equipment. tion - response - handling."

Improving the climate emergency plan

The Company has refined its climate-resilient emergency response system by formulating special emergency plans

Smart water meter and monitoring system such as the Emergency Plans for Typhoon and Flood. Moreover Unilumin has developed dynamic risk assessment

We have installed smart water meters in key water use areas to monitor and record water mechanisms for climate risks such as typhoon storm flood continued hot weather and sudden drop in tempera-

consumption in real time and analysed data to precisely figure out the water demand of ture/frost/cold wave (including geographical water supply risk). Additionally the Company has reserved specialised

different areas so as to develop more rational water use plans. emergency supplies and conducted regular inspections and defined emergency response roles and responsibilities

Water of departments and positions. This structured approach has forged a resilient climate management framework of

saving in Water saving skills training "risk identification plan-based response and supply guarantee" to safeguard production continuity and employee

processes We have conducted systematic water saving training to enhance employees' water-saving safety.awareness and operational skills. Category Climate-related risks Countermeasures

Water saving motivation mechanism ·We have early warning in place for extreme weather have enhanced

We have established a water saving motivation mechanism to reward or praise employees patrol inspections and found and blocked leakage points in advance;

or teams with excellent performance in water saving. Typhoon storm and flood ·We have moved away significant articles and documents from areas

Acute having been eroded by rainwater and cleared puddles;·In addition we have centralised management and regular maintenance

for flood control facilities.Sudden drop in ·We have checked whether pipes have burst in cold weather and regularly

temperature replaced the insulation layer on the roof.·We distribute high-temperature subsidy herbal tea mung bean soup to

Rainwater collection and utilisation system Sustained higher temperature employees and have prepared drugs to relieve and clear away the summer Recycling heat.of water We have established a rainwater collection system to use the collected rainwater for non-drinking purposes such as toilet flushing and cleaning. Chronic

Deterioration of water

quality/Instable munici- ·We have conducted water quality inspections and have purification

pal water supply treatment for drinking water.

21 22Standardising the Emissions Management System / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Seizing opportunities brought by climate change Enhancing the management of wastewater and

The Company leverages industrial opportunities brought by climate change with a focus on R&D of energy-effi- waste gas discharge

cient and extreme environment adaptive technologies. We have developed a series of wind high temperature and

corrosion resistant products which can remain efficient and stable operation in severe weather. Our core technol- The Company's waste gas mainly comes from the welding spraying glue filling and glue

ogies for products include: dispensing processes.Corrosion resistant spray technology Waste ·Welding fumes: Through a spray tower and an activated carbon-based two-stage adsorption

device welding fumes are purified and guided to a height for discharging.Products can stably operate in a high salt fog environment with a five-year quality warranty. gas

·Waste gas from spraying glue filling and glue dispensing: An activated carbon-based

two-stage adsorption device is used to purify the waste gas and guide the waste gas to a height

Typhoon resistant technical scheme for discharging.According to the technical scheme the platform can theoretically resist Category 17 typhoon.Waste ·Industrial wastewater: The Company's production process generates no industrial wastewater.Solid-state power supply technical scheme water ·Sanitary sewage: Through a series of filtering reverse osmosis ultra filtration technologies

The product can still operate stably in a low-temperature (-40℃) environment. we converted sanitary sewage into reusable reclaimed water.Our innovative surface magnetic force optimisation technology for lighting products has been success-

fully applied in global rail transit projects in Japan Shanghai etc. Controlling waste discharge management

In the future the Company will continuously improve our products to help customers in response to

climate change. Major improvements will cover enhancements in products' electro-optical conversion The Company has actively identified waste discharge sources of its production and operation processes minimised

efficiency the use of lightweight structural designs and the consecutive introduction of green pollution from production and operation processes by implementing source reduction and process control and

eco-friendly and sustainable materials providing more competitive solutions for global customers to adopted a series of measures to maximise the prevention and control of waste generation.respond to climate change challenges.Standardising the Emissions

Management System Production technologiesIn the stage to remove rosin and welding

flux we replaced chemical cleaning

agent with dry ice for the cleaning to

The Company strictly complies with the Environmental Protection Law of the People's Republic of China the Law reduce the generation of chemical waste

of the People's Republic of China on the Prevention and Control of Atmospheric Pollution the Law of the People's liquid.Republic of China on Prevention and Control of Water Pollution the Law of the People's Republic of China on the

Prevention and Control of Environmental Pollution by Solid Wastes Management Measures for the Transfer of Packaging materials

Hazardous Wastes and other relevant laws and regulations and has formulated the Rules on the Operation and Design By simplifying the packaging

Management of Waste Gas Treatment Facilities Regulations on the Management of Hazardous Wastes and other design and using recyclable

regulations to standardise the management of wastewater waste gas and solid wastes discharge. The design of multiple products

Raw material procurement adopted the common cathode packaging materials we

The Company regularly monitors the environment and hands over energy-conserving technology which

effectively reduced the use of

Renewable and biodegradable

wastes to qualified companies for treatment. All the hazardous wastes can cool the display so that some

packaging materials.eco-friendly materials were heat dissipation designs for modules

are up to standard before discharge according to laws and regulations prioritised. Materials from suppliers cabinets and power box can be

to ensure continued and effective operation of the environmental in cooperation with the Company removed which reduced the

management system. On 17 January 2022 we obtained the certifica- had EU RoHS certification. production of production scraps.tion for the energy management system.In April 2024 local government of Huizhou City issued the Detailed The Company has developed dynamic monitoring mechanisms for hazardous wastes achieving 100% traceable

Evaluation Rules on the Construction of "Zero-Waste Parks" in management from generation to disposal through dynamic monitoring ledgers. All hazardous wastes are handed

Huizhou the Detailed Evaluation Rules on the Construction of over to qualified third party organisations for standardised treatment. For solid wastes the Company implements

"Zero-Waste Factories" in Huizhou and other documents. The Compa- classified management. Wastes are collected stored and disposed of according to their types and properties.ny's Daya Bay Factory strictly followed government policies by estab-

lishing a "zero-waste factory" specialised group. As at the end of 2024 In 2024 the discharge of wastewater waste gas and solid wastes by the Company and its subsidiaries satisfied

the Daya Bay Smart Manufacturing Base has been certified against the national and local environmental standards and they did not receive any punishments related to environmental

ISO 14001 standard for environmental management systems. protection.

23 24Social Responsibility: Heart-to-heart and Hand-in-hand Journey / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Social

Responsibility

Heart-to-heart and

Hand-in-hand Journey

·Industrial wastewater: The Company's production process generates no industrial wastewater.On the path of practising social responsibility the Company values

employee rights and benefits promotes diversity equality and

inclusion supports employee training and development and

ensures occupational health and safety. On the business side the

Company focuses on R&D innovation as well as product quality and

safety enhances customer service experience and safeguards

information security and privacy. Furthermore the Company

actively participates in supporting rural revitalisation and public

welfare and charitable activities.Key issues

·Interests and welfare of employees

·Diversity equality and inclusion

·Employee training and development

·Occupational health and safety

·R&D and innovation

·Product quality and safety

·Customer service and experience

·Information safety and privacy protection

·Contribution to rural revitalisation

·Public charity

·Empowering the Metasight ecosystem

·Sustainable supply chain

25 26Protecting the Rights and Interests of Employees and Supporting Employee Development / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Protecting the Rights and Interests of Employee benefits

Employees and Supporting Employee The Company has developed a benefits system that covers statutory benefits lifestyle care and career development support including social insurance housing provident fund health check-ups birthday benefits team building activ-

Development ities and subsidies. The Company also fosters employee well-being through interest-based groups (with professional activity spaces and equipment) and annual cultural and recreational events such as basketball and badminton

games and fun sports days. In total 85 such events were held throughout the year enhancing employees' quality of

Protecting the Rights and Benefits of Employees life.The Company has established the "U Fund" to build a long-term care mechanism for employees. Funded primarily by

Rights and interests of employees the Company supplemented by voluntary contributions from employees the fund follows a standardised process of "Application - Review - Distribution" to provide targeted assistance. In 2024 the fund expenditure amounted to RMB

1.52 million benefiting a total of 633 employees. The fund covers medical assistance family emergencies weddings

The Company strictly adheres to relevant laws and regulations including the Labour Law of the People's funerals and other matters effectively enhancing employees' sense of well-being and belonging while fulfilling the

Republic of China the Labour Contract Law the Law on the Protection of Minors the Law on the Protec- Company's social responsibility.tion of Women's Rights and Interests and the Law on the Protection of Disabled Person. The Company has

established a scientific human resources management system and is committed to eliminating any form In 2024

of child labour and forced labour ensuring the legal rights and interests of employees.The Company value employees' experience and the building of corporate culture. By conducting annual Cultural and recreational Fund expenditure Total employees assisted

employee engagement and satisfaction surveys the Company responds promptly to employee needs. In events organised

2024 the overall engagement score was 81.4 and the satisfaction score was 80.1. 85 events RMB 1.52 million 633 instances

The Company has established a multi-dimensional communication platform ensuring that employee

concerns can be voiced through channels such as email address Human Resources Service Account

President Mailbox and online forum. A dedicated appeal mechanism has been set up for performance

management including a performance appeal mailbox and a company-wide performance management

survey (with 1039 valid questionnaires collected in 2024). These initiatives aim to optimise systems and

processes and enhance employee participation and management effectiveness.Psychological guidance

Traditional Chinese

Medicine (TCM) therapy Employee activities

Commuting buses

Wednesday/Friday from/to

3 locations for free

Paid leave U Fund

President Mailbox Birthday gift

Five insurances

and one fund

comprehensive

medical treatment

Democratic management Health check-ups

The Company has established a "System Guarantee + Full-Process Participation" democratic management system. Night snack at the staff canteen Gifts for festivals and gift

In accordance with the Management Measures for Democratic Participation of Employees employee representatives pack for the Spring Festival

participate directly in the decision-making discussions of significant company matters such as the implementation

of the employee stock ownership plan the election of employee representatives to the Board of Supervisors and

strategic planning through the staff and workers' congress and the trade union. Employee welfare system of Unilumin

27 28Protecting the Rights and Interests of Employees and Supporting Employee Development / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Creating a Diverse and Equal Atmosphere Supporting Employee Development

The Company strictly adheres to relevant laws and regulations including the Civil Code of the People's Republic of Employee training

China the Personal Information Protection Law of the People's Republic of China and the Company Law of the The Company has established a "three-level training management model + Six Navigations cultivation model" talent

People's Republic of China. At the same time through formulating regulations such as the Unilumin Management development system. Relying on the Unilumin Training Management Regulations the Company has formed a

Measures for Employee Positions and Levels the Company ensures equal opportunities and treatment for all multi-dimensional management structure consisting of the Group (coordinated by Unilumin Academy) departments

employees within the organisation. (planned by each department) and agents (coordinated by the Channel Management Department). The innovative

The Company does not discriminate against employees based on factors such as race skin colour age gender "Six Navigations" (Pathfinding Seagoing Shifting Sustaining Sailing and Guiding) cultivation model covers such

sexual orientation ethnicity disability pregnancy religious belief political affiliation or marital status. The areas as leadership expertise and general competencies through "Executive Lectures" "Cadre Training Camp"

Company hires minority foreign and Hong Kong/Macau/Taiwan-based employees. Currently there is one employ- "Professional Competence Enhancement Courses" and other training courses which can in combination with

ee with disabilities who holds an important position. training models such as the Mentorship Programme On-the-Job Training (OJT) and job rotation programme

By the end of 2024 the Group had a total of 5638 employees. Among them female employees accounted for comprehensively satisfy employees' training needs at different stages of their careers ensuring a precise match

approximately 33% demonstrating a good gender balance. Employees under the age of 30 made up 34% creating between talent capabilities and job requirements.a "mid-career management + youth innovation" talent structure. With a diverse talent pool and practical experi- In terms of external cooperation and support the Company strengthens the integration of external resources and

ence the Company was recognised as the Best Employer in Bao'an District Shenzhen the Best Employer (Enter- collaborates with professional institutions to develop customised courses such as the Project Management Camp.prise) for Graduates of Guangdong University of Foreign Studies and an Internship Base for Shenzhen University The Company also provides funding for employees' educational advancement and professional certification. In 2024

among other accolades. 83 employees received funding to complete skill certifications and further their education. Through the training

mechanism of "training combined with practical application" the Company has made significant progress in building

Percentage of female Percentage of youth its talent pipeline. The reserve rate for key positions has increased and the average annual training duration per

Total employees employees talent under 30 employee reached 6.61 hours providing talent support for the Company's sustainable development.Academy Work Modules

5638 Approximately 33% 34%

Cultural Inheritance Strategic Business

Breakthroughs and Talent Multiplication

Categories Training Product System "Six Navigations" Training Model

Vegetarian canteen "Executive Lectures" and "Business Leader and Entrepreneur Training Camp" Pathfinding

Leadership

The Company has established two vegetarian restaurants (in Fuyong and Long Voyage Leadership Training Camp "Ming Shi" Training Initiative Seagoing

Daya Bay) to offer a diverse range of meal options thereby meeting varied Shifting

dietary needs while promoting a healthy and environmentally friendly "Double-Qualified Expertise "He Shi" Initiative Expert Case Sharing Essential Job Teacher" Certification

philosophy. through U Talk Lectures Knowledge Sustaining

General Recruitment Training for External Hires Recruitment Training for Campus Hires Departmental Newcomer Job Training Sailing

Competencies "Xu Shi" Initiative Guiding

Yoga room

Standard System Evaluation System Growth/Development System

The Company has set up an exclusive yoga room for employees equipped

Instructor System Knowledge Content System Training Organisation System

with a professional team of instructors. Weekly yoga classes are held cover- 洲明人才培养体系

ing topics such as shoulder and neck care stress-relief meditation and more Online Learning Management Platform

to help employees achieve physical and mental balance. Training Management Regulations

Gym Unilumin Talent Training System

The Company has created an intelligent gym equipped with both cardio and

strength training areas. The gym operates with an open-access policy

supporting personalised health management for employees contributing to

an improvement in the health benchmark compliance rate.Major progress

Psychological counselling room

The Company has established a professional psychological counselling

room equipped with professional counsellors and intelligent relaxation

devices. Individual consultations group psychological counselling and

stress management workshops are conducted to help reduce stress levels.Project management training Business etiquette training

29 30Protecting the Rights and Interests of Employees and Supporting Employee Development / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Protecting Employees' Occupational Health and Safety

Employee Incentives The Company strictly adheres to relevant laws and regulations such as the Work Safety Law of the People's Repub-

The Company builds a diversified employee incentive system and has developed and implemented lic of China the Law of the People's Republic of China on the Prevention and Control of Occupational Diseases and

more than 40 customised incentive programmes for different business systems and types of positions. the Fire Control Law of the People's Republic of China. We have formulated multiple occupational health and safety management regulations including the Regulations on the Responsibilities for the Prevention and Control of Occu-

2024 the Company continued to implement the Class II Restricted Stock Grant Plan as a long-term pational Diseases the Regulations on the Management of Personal Protective Equipment against Occupational

incentive programme. Disease Hazards and the Management Regulations on the Monitoring and Evaluation of Occupational Disease

Hazards. Taking occupational health and safety management as one of its core tasks the Company is committed

to providing employees with a safe working environment and protecting their occupational health. In compliance

Talent pipeline with national laws and regulations and considering the Company's specific circumstances the Company has set

clear occupational health and safety management objectives. Through scientific planning and continuous

The Company has established a scientific decision-making mechanism

Performance improvement the Company consistently enhances its safety management level.creating a fast track for career growth through a dual-channel promotion

system. Relying on a professional evaluation committee the Company

ensures precise alignment between employees and positions as well as

dynamic management of job levels. Personnel decisions are further Talent Safety management Employee health

supported by Administration Teams at all organisational levels Strategy

enhancing both the transparency and scientific basis of human Competence Potential The Company's safety management system The Company arranges comprehensive health examina-

resource management. At the same time the Company carries out a is staffed with six dedicated safety manage- tions for all employees once a year which includes

three-level talent pipeline strategy constructing dynamic talent profiles ment personnel including two certified routine medical tests as well as additional targeted

through a "Performance - Capability - Potential" three-dimensional safety engineers and one Level 1 certified fire checks based on factors such as age gender and job

assessment. Key positions are reviewed twice a year with succession planning and customised training engineer. Moreover the Company places responsibilities. For example female employees receive

schemes designed to establish a closed talent supply chain ensuring the sustainable development of great emphasis on fire safety employing 18 gynaecological examinations while those who work

the organisation. dedicated firefighters and 22 safety officers. long hours at desks have cervical spine examination.These personnel not only ensure fire safety During the Reporting Period no cases of occupational

within the Company but also assist in diseases were reported.community emergency responses earning

Talent attraction In addition to physical health the Company is also the Company recognition as a benchmark concerned about employees' mental health. In collabo-

The Company has created a diversified recruitment channel matrix integrating campus recruitment enterprise by the Daya Bay Emergency ration with external professional institutions we regular-Management Bureau.social recruitment employee referrals talent cultivation programmes with university-enterprise collab- ly organise psychological counselling sessions available

oration and internship plans. In 2024 the Company launched the "Galaxy Plan" global talent strategy to for employees' application. In 2024 nine psychological

attract top technical talents to join and participate in the Company's core business operations through counselling sessions were organised.a customised cultivation system and competitive compensation packages.Case: Cultivation programme for 2024 campus hires - Sailing

In 2024 the "Sailing Programme" recruited 88 fresh graduates through campus recruitments. With a planned

cultivation period of one to three years the programme will help these graduates quickly grow into candi-

dates for the Company's technical and management positions through military training intensified training

job rotation mentorship and programme-based practises.Safety publicity and training

The Company values employees' safety and occupational health and has received certifica-

tion for its occupational health and safety management system. The Company regularly

organises diversified training and emergency drills to improve employees' safety awareness

and emergency handling ability.In 2024 the Company organised 22 safety training sessions covering topics such as work

safety first aid special equipment safety management and injury prevention. Additionally

eight emergency drills were conducted including fire evacuation elevator rescue and

forklift accident drills to improve employees' evacuation and escape abilities.

31 32Protecting the Rights and Interests of Employees and Supporting Employee Development / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Major progress

Safety Training

Fire safety:

In January 2024 Unilumin joined the Daya Bay Fire Service Association and became a council member

unit of the association;

In May 2024 Unilumin formed a volunteer firefighting team to improve the park's emergency response

capability and the Company's influence;

The 2024 Daya Bay Fire Control Competition of the Industry and Trade Sector was held at the site of

Safety Hazard Identification Safety Production First Aid Knowledge Training Environmental Protection

and Rectification Training Responsibility System Training Standardised Management Unilumin. Unilumin was a co-organiser.Work Injury Prevention Special Equipment Pre-job Training for Safety Risk Classification

Knowledge Training Safety Management Training University Interns and Control Training

Fire Drill of the Central Laboratory Rescuer Training Routine Training of the

Volunteer Firefighting Team

Emergency Drill

Being Passionate About

Public Welfare Building a Better Society

Standardised operations and professional development

The Company has aligned with national strategic priorities by engaging in community development and charitable

causes. In 2017 Mr. Lin Mingfeng Chairman of Unilumin established the Unilumin Foundation which has been focus-

ing on cultural education rural revitalisation and health advocacy while applying innovative pathways to address

social pain points employing scientific technologies to empower public welfare undertakings and building collabora-

tive partnerships that connect additional resources to expand philanthropic reach.The Unilumin Charity Foundation rigorously abides by the Charity Law of the People's Republic of China the Law on

Donations for Public Welfare and the Regulation on Foundation Administration. It has established a governance

structure comprising decision-making by the Board of Directors execution by the Secretariat and oversight by super-

visors. To further institutionalise operations the Unilumin Foundation has formulated a range of internal regulations

spanning financial management programme management investments for value preservation and appreciation

authorisation management accounting archives management information disclosure human resources and

compensation management including the Regulations on the Management of Public Welfare Foundation

Programmes the Financial Management Regulations of the Foundation and the Management Regulations on

Information Disclosure.In 2023 the "Unilumin Volunteer Service Task Force" was officially launched comprising employees and their

families partners and university students and engaging related parties from multiple service domains in charitable

activities that foster community growth. In 2024 the volunteer service hours totalled 205 hours with a cumulative

total of 368 hours.In 2024 building on compliant operations the Unilumin Foundation focused on programme professionalisation and

successfully prepared standardised programme manuals named "Lighting up Rural Areas" and "Enlightening the

Future" which were implemented through pilot verification and subsequent roll-out in pilot zones to form

standardised procedures. Additionally the foundation constructed a programme funding system with defined

funding criteria procedures and case library thereby forming replicable public welfare solutions.

33 34Being Passionate About Public Welfare Building a Better Society / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Lighting up rural areas and conducting paired-up assistance Paired-up assistance

Lighting up Rural Areas We actively respond to the national strategy of consolidating poverty alleviation achievements and advancing rural

Since 2021 the Unilumin Foundation in collaboration revitalisation. While pursuing our own development we also contribute to the revitalisation of rural areas.with Unilumin has initiated the programme "Lighting up In 2022 under the unified arrangements of relevant departments in Bao'an District and Pingshan District of Shen-

Rural Areas" which aimed to improve nighttime illumina- zhen we partnered with the Unilumin Foundation to sign paired-up assistance agreements for the new area with four

tion conditions in rural areas. By 2023 the programme villages: Neicao Village in Jingsheng Township Du'an County Hechi City; Wanjiu Village in Ma'ai Town Debao County

expanded internationally with street lights donated to Baise City; Pinglüe Village in Zuodeng Yao Township Tiandong County Baise City; and Longlin Village in Xia'ao Town

"Belt and Road" nations Timor-Leste and Brazil—to Du'an County Hechi City. Through in-depth research into various aspects of these villages—including population

enhance local infrastructure. As of the end of 2024 the education healthcare and local industries—we developed tailored assistance plans based on each village’s specific

programme had donated a total of 6000 LED street conditions.lights covering 21 provinces in China and two overseas

countries benefiting over 10000 rural residents.By improving rural infrastructure and nighttime lighting

the "Lighting Up Rural Areas" programme also creates

local income-generating opportunities for the installa-

tion and maintenance of street lights. It is implemented

in parallel with the programmes like "Charity for Farm-

ers" to further empowered local residents by fostering Paired-up assistance for Wanjiu Village Paired-up assistance for Longlin Village East?West Cooperation Forum on Rural Forum on Paired-up Assistance Cooperation

intrinsic motivation and increasing incomes. Ma'ai Town Debao County Baise City Xia'ao Town Du'an County Hechi City Revitalisation in Jingsheng Township in Tiandong County Baise CityDu'an County

6000 Enlightening the Future prioritising educational balanceLighting up A total of LED street lights donated

Rural Areas Covering 21 provinces across China and two overseas countries Since its inception the Unilumin Foundation has focused on the field of educational philanthropy. Through a multi-

10000 dimensional empowerment system—including student assistance teacher awards teacher training and curricu-and benefiting over rural residents lum development—it supports balanced urban-rural education development

and rural educational revitalisation.Major progress In collaboration with local governments and educational Student

institutions the Unilumin Foundation is spearheading the assistance and

creation of "Pilot Zone for Rural Educational teacher awards

In 2024 the Unilumin Foundation in collaboration with Unilumin: Revitalisation". In 2024 it launched a

comprehensive upgrade initiative built around t

China: Donated 367 street lights to two villages in Ziyuan County Guangxi; provided 800 street lights to hree core measures: School management personnel training camps

remote companies of Xinjiang Production and Construction Corps; contributed over 100 street lights to capacity-building plans for key class advisers and standardised

remote mountainous areas in Guizhou and Qinghai. development of teaching resources. These efforts aim to form

Overseas: Donated 100 street lights to Timor-Leste and 300 street lights to mountainous areas in Brazil. a closed-loop support model of "management

enhancement ? teacher capacity strengthening ? resource

Employee Hometown: Encouraged employees to "light up their hometown" facilitating the donation of outreach to communities". To date these programmes Teacher Curriculum

over 800 street lights to remote rural villages. have benefited more than 8000 teachers and students and training development

the resulting experience has evolved into a replicable solution

for rural education revitalisation.In 2024 the Unilumin Foundation together with local

governments and specialised educational institutions (in areas such as class adviser leadership and physical educa-

tion) jointly launched the "Pilot Zone for Rural Educational Revitalisation". In rural areas of Guangdong Province

the initiative rolled out leadership training programmes for key class advisers and a systematic support plan for

physical education—including PE teacher training and public welfare summer camps. After establishing replicable

experience the programme was expanded to Wenshan Prefecture in Yunnan Province. In collaboration with local

social work organisations the Unilumin Foundation carried out youth care initiatives targeting rural schools and

Street Light Installation Street Light Installation in Street Light Donation communities building a rural education revitalisation model based on the "Foundation + Government + Profes-

in Guangde Town Ziyuan County Guangxi Ceremony in Timor-Leste sional Institutions" framework. These solutions continue to be shared with more underdeveloped regions advanc-

ing educational equity and rural revitalisation.

35 36Being Passionate About Public Welfare Building a Better Society / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Case Construction of rural primary school libraries and book bars in Shangrao City

The Unilumin Foundation contributed RMB250000 to the People's Government of Yugan County in Shangrao City

specifically for upgrading rural educational infrastructure including the construction of libraries and book bars.Beyond physical infrastructure the initiative advanced reading promotion activities aimed at bridging the education-

al gap between urban and rural areas.Future Educators & Key Class Advisers "Sports for Life" Key PE Teachers

Seminar of Rural Area in Eastern Guangdong (Phase I) Training of Rural Area in Eastern Guangdong

Smart classrooms in Xizang Autonomous Region

In earlier years the Unilumin Foundation pioneered the development of virtual simulation classrooms and smart

classrooms leveraging technology to empower education. A themed curriculum on century-long party-building

initiatives was brought into Primary School of Gulu Town in Nagqu County Xizang Autonomous Region along with an

innovative quality education practice framework for rural schools. The model continues to be applied in subsequent

public welfare projects."Sports for Life" Summer Camp Parent?Child Community Activity

Activity of Rural Area in Eastern Guangdong for Rural Students in Wenshan Yunnan

"Pomegranate Seed Initiative"

Smart Classroom Renovation Programme

Case World Reading Day

co-reading initiative Promoting healthy living and wellbeing

The Unilumin Foundation The Unilumin Foundation actively supports the Healthy China strategy

launched a World Reading through three major programmes: "Walker's Presence Health Charity

Day public welfare campaign Walk" "Fasted Walking" and "Walking with Love Benefiting You and Me".to promote the concept of These form an integrated health promotion system of "Exercise + Health +

"daily reading". Employees Wellness". Advocating the concept of "proactive health" the Foundation

and volunteers were mobil- organises activities such as fasted walking traditional Chinese wellness

ised to donate high-quality courses and yoga sessions for employees and the general public.idle children's books aiming

to improve reading condi- 2024

tions for children in rural

areas. Total events held Group-wide participants over

11 2000 person-times

37 38Being Passionate About Public Welfare Building a Better Society / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Case A series of activities such as "Walker's Presence" "Fasted Walking" and "Walking with Love" Establishing the Metasight Ecosystem

The Unilumin Foundation funded the Fasted Walking Walker’s Presence and Walking with Love activi- with Innovation Synergy

ties which featured courses of walking exercises nutritional therapy meditation retreats etc. These

activities aimed to assist participants in developing healthy eating living and daily habits. Building a multi-level R&D system

R&D management

The Company steadfastly pursues an innovation-driven strategy leveraging R&D of new technologies and products

to ensure the Company's long-term sustainability. For this purpose we have established a three-tiered R&D system

with the Central Laboratory product lines and business units at the core which encompasses cutting-edge

technology development technology nurturing of seed businesses general technical platform development and

base material studies among forward-looking studies.R&D personnel

R&D process Innovation initiatives in R&D and investment

We have implemented a The Company is dedicated to advancing Technological R&D is fundamen-

"customer-centric and technological R&D and fostering conscious- tal to the survival and growth of

demand-driven" end-to-end ness of technology innovation within its R&D the Company. As of 2024 the

IPD product development and personnel with a focus on exploration and Company employs 1124 R&D

operation system. The IPD research in frontier technology domains. To personnel accounting for

Case Voluntary blood donation campaign system implements top-level support these efforts we have established a 19.94% of the total workforce; design of organisational and CNAS-accredited national laboratory R&D investment totals RMB376

decision-making mechanisms Guangdong LED Optoelectronic Technology million accounting for 4.84% of

The Unilumin Foundation in collaboration with the Bloodline Public Welfare Foundation launched the in process operations enhanc- and Application Engineering Centre and the annual revenue."Illuminating Life together with Metasight" voluntary blood donation campaign. Through concrete ing operational strengths Shenzhen Postdoctoral Innovation Practice spanning front end to back end. Base. Additionally we have set up a series of

actions the initiative embodied our commitment to social responsibility. Every unit of blood donated display technology innovation platforms

represents respect and care for life bringing hope and light to those in need. and built WTDP laboratories officially

authorised by SGS TUV-SUD TUV Rhein-

land and UL.Data for

2024

Number of R&D personnel in Proportion of R&D personnel in total

the Group workforce of the Group

112419.94%

202420232022

Number of R&D

personnel in the Group 1124 1118 1210

Proportion of R&D

Case 19.94% 19.23% 22.80%Stadium equipment donation personnel in the Group

In collaboration with Unilumin and Guangdong Big Dipper Sports Equipment Co. Ltd. the Unilumin R&D investment (RMB) 375994192.48 401572698.38 350789651.68

Foundation donated stadium lighting LED displays and relevant technical services valued at over RMB

3 million to the Zhongshan Education and Sports Bureau for building the Xingzhong Stadium and Proportion of R&D

promoting citywide fitness campaigns. investment in operating 4.84% 5.42% 4.96%

revenue

39 40The Company has aligned with national strategic priorities by engaging in community development and charitable

causes. In 2017 Mr. Lin Mingfeng Chairman of Unilumin established the Unilumin Foundation which has been focus-

ing on cultural education rural revitalisation and health advocacy while applying innovative pathways to address

social pain points employing scientific technologies to empower public welfare undertakings and building collabora-

tive partnerships that connect additional resources to expand philanthropic reach.The Unilumin Charity Foundation rigorously abides by the Charity Law of the People's Republic of China the Law on

Donations for Public Welfare and the Regulation on Foundation Administration. It has established a governance

structure comprising decision-making by the Board of Directors execution by the Secretariat and oversight by super-

visors. To further institutionalise operations the Unilumin Foundation has formulated a range of internal regulations

spanning financial management programme management investments for value preservation and appreciation

authorisation management accounting archives management information disclosure human resources and

compensation management including the Regulations on the Management of Public Welfare Foundation

Programmes the Financial Management Regulations of the Foundation and the Management Regulations on

Information Disclosure.In 2023 the "Unilumin Volunteer Service Task Force" was officially launched comprising employees and their

families partners and university students and engaging related parties from multiple service domains in charitable

activities that foster community growth. In 2024 the volunteer service hours totalled 205 hours with a cumulative

total of 368 hours.In 2024 building on compliant operations the Unilumin Foundation focused on programme professionalisation and

successfully prepared standardised programme manuals named "Lighting up Rural Areas" and "Enlightening the

Future" which were implemented through pilot verification and subsequent roll-out in pilot zones to form

standardised procedures. Additionally the foundation constructed a programme funding system with defined

funding criteria procedures and case library thereby forming replicable public welfare solutions.Establishing the Metasight Ecosystem with Innovation Synergy / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Major R&D progress LED+AI

Through ongoing R&D investments and technology innovations Unilumin has made notable strides in next-genera- The Company focuses on the "LED + AI" strategy centred on a three-pronged model of "Hardware + IP + Scenar-

tion Micro LED display technology LED + AI energy conservation and health etc. which not only consolidates our io-Based Services". Our AI smart product portfolio spans both To C and To B/To G categories. To C products are

predominance in the industry but also provides customers with more diversified products and solutions propelling designed for home users meeting needs such as emotional companionship interactive entertainment and healthy

industry-wide progression and development. Unilumin's major R&D pipelines are as follows: lighting. These include AI holographic companion assistants AI interactive digital aquariums and AI eye-protection desk and floor lamps. To B/To G products provide AI-integrated solutions for cultural tourism commercial and

educational scenarios delivering immersive experiences and intelligent services. Offerings include the AI Light

Fortress Box all-in-one holographic display cabinets and LED display robots. All products incorporate large AI

models and digital human technologies supporting multimodal interaction multilingual switching and person-

Leading the deployment of next-generation Micro LED display technology alised customisation. They offer capabilities such as intelligent voice interaction emotional companionship and

content creation empowering customers as AI Agent in the Metasight field.In 2024 the Company continued to strengthen its presence in the Micro technology field through independent R&D

strategic investments and resource integration. The Company has built a complete industry chain covering the

independent design of Micro LED chips collaborative design of Micro ICs semiconductor-grade device packaging

and testing and intelligent product manufacturing. The Company was among the first to overcome the technical

challenges of mass transfer technology and successfully realised substrate-free Micro LED packaging at the 30/50 μ

m × 50/70 μm scale achieving 0202 (0.2 mm × 0.2 mm) chip packaging. We also commenced mass production of

P0.4-pitch MIP display products. Innovation in LED energy-conserving products

In addition The Company launched a self-developed five-in-one ultra-high-definition system card a four-in-one The Company continues to advance its R&D initiatives focusing on boosting LED luminous efficiency and energy utilisa-

integrated playback and control system the Mont Blanc AI image enhancement engine and active matrix (AM) tion rate while reducing product energy consumption. The efforts have led to significant innovation breakthroughs in COB and MIP-related technologies which notably improves the energy-conserving performance of products.driving technology—continuously enhancing the technical capabilities of our display module control systems. Our

Mini/Micro LED products are independently developed manufactured and sold enabling rapid response to custom-

er needs and the delivery of customised display systems and solutions.LED empowers comfort and health

By leveraging LED display and lighting technologies Unilumin provides users with healthier and more comfortable light

environments. Features such as low blue light emission and flicker-free designs help protect users' vision health.Case Unatural texture screen

The Unatural texture screen is a novel LED "decorative material" developed using Unilumin's

proprietary intellectual property in micro-nano optics design processing and material

solutions. Designed for specific application scenarios the material can serve as building

decorative material displaying visuals when the screen is on and offering decorative effects Major progress

for COB/MIP products like ordinary building materials when the screen is off. It effectively

addresses ink colour issues while seamlessly integrating with scenario decoration. During the Reporting Period we achieved significant breakthroughs

in the following two areas:

Micro LED：We deepened R&D and application of Micro LED technology by optimising packaging technolo-

gies and increasing production capacity thereby reducing product costs and promoting popularisation in

the large-screen direct-display market.LED+AI：The Company launched an LED + AI three-layer top-level modular architecture that combined LED

display technology with AI technology which resulted in a LED + AI product matrix encompassing various

products and services.

41 42Establishing the Metasight Ecosystem with Innovation Synergy / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Creating quality products (2) Standardised system management

Unilumin has obtained the ISO 9001 certification for quality management system with the certification scope cover-

ing the entire group. A comprehensive suite of quality management system has been developed including quality

guidelines responsibility management document management resource management and continuous improve-

Quality management system ment mechanisms. In terms of product reliability inspection clear inspection standards are developed covering

In terms of product quality and safety the Company strictly adheres to laws appearance dimensions performance and reliability. In terms of quality risk prevention and control a dedicated

and regulations such as the Product Quality Law of the People's Republic of emergency response team is formed to handle product recalls inspections and analysis subsequent treatments

China the Implementation Rules for Compulsory Product Certification and etc. During the Reporting Period no product recalls occurred in the Company.GB7000 national standards for luminaires. Additionally various internal

regulations have been formulated to form a quality and safety management

system that covers the entire product lifecycle from raw materials to finished Quality culture development

goods and ensure effective management of product quality and safety The Company has developed systematic training programmes. Annual quality training programmes

including the Control Procedures for Corrective and Preventive Actions the

Control Procedures for Routine Inspection and Verification Inspection the cover ISO quality system training foundational quality knowledge training and customer complaint

Control Procedures for Periodic Inspection of Key Components and Materials case studies.the General Warranty Policy for Lighting Products the Management Measures

for Goods Inspection by Customers the Sampling Plan Guidelines the

Sampling Inspection Specifications for Luminaires Waterproof Testing and New Employee Training

the Sampling Inspection Specifications for Luminaires Photometric Testing. Product quality safety training is

required upon joining

(1) Management structure with well-defined rights and responsibilities

The Company has established a three-tier quality management framework of "Strategic Decision-Making ? Profes-

sional Execution ? Expert Auditing" forming a closed-loop management system of "Top-level Decision-Making ?

Middle-office Execution ? Back-office Supervision" to ensure efficient coordination between product strategy and

quality execution.The IPMT (Integrated Product Management Team) composed of the Chairman of the

Supreme Board Board members as well as R&D leaders product line leaders and sales leaders is

decision- responsible to make decisions on product planning portfolio competitiveness opera-

making level tional efficiency and product development team operations while also providing the corresponding resource support. Job-specific training External training and exchange

Skill and quality safety training The Company encourages participation

Departments subordinate to the Quality Centre include the System Management Depart- sessions are tailored to job roles in external quality safety courses and

ment the Incoming Inspection Department the Supplier Quality Department the Quality and requirements. academic exchanges. Outstanding

Assurance Department (covering R&D process and output quality) and the Customer

Execution Service Quality Department which are responsible for implementing full-process quality employees are selected to attend

level management. industry association events like training

and seminars

An internal part-time expert team is assigned within the R&D interaction system to based To reinforce the philosophy of "succeeding through quality pursuing win-win cooperation and fostering

Supervision on periodic audits identify risks through quality data analysis and formulate correspond-ing improvement measures. high-quality sustainability" while continuously improving manufacturing quality the Company has organised

level "Quality Month" cultural promotion activities which encompass quality culture campaigns quality knowledge

training employee improvement proposals and competitions evaluating quality knowledge and skills.

43 44Establishing the Metasight Ecosystem with Innovation Synergy / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Intelligent solutions and innovative technologies empower a new era of smart cities

Building the Metasight ecosystem

and pursuing win-win industrial In response to challenges faced by smart city operations and management centres the Company has proposed a

cooperation smart city visualisation solution that integrates fine-pitch LED splicing display systems with smart city visualisation software. This comprehensive solution supports the development of command monitoring and dispatch centres for

smart cities covering application scenarios such as transportation energy and emergency command. The solution

has been implemented across provinces including Guangdong Jiangsu Shanxi Hebei and Anhui. By leveraging the

Metasight fusion technologies the Company empowers the digital transformation of urban governance and effec-

tively enhances urban management efficiency.Case Empowering urban governance

"One screen to view and one network to manage the entire city"—empowering smart

Continuously launching innovative products regulation and intelligent dispatch

The Company has infused the Metasight industry with fresh dynamism through cutting-edge technology innovation

expanding the market potential of the entire industry.Technology innovation leading advancements in Mini/Micro LED drives industry development

The Company has significant technical advantages across Mini/Micro LED virtual photography stage leasing

and other fields. With clear layout for both MIP and COB Micro LED technologies the Company has overcome

technical challenges related to light-emitting chips circuit boards packaging technologies driving technolo-

gies and control systems which significantly enhances the controllability of Micro LED automated production

technology.Smart City Command Centre Smart Dispatch Centre Beihai Smart City

Futian District Shenzhen

Pioneering integrated Metasight solution enables hardware-software collaboration

The Company is leading the development of the integrated Metasight solution encompassing "hardware +

software + content + interaction + services" which provides customers with a packaged system solution

covering hardware and software control as well as creative content.Fusing LED technologies with artistic innovation to create immersive visual experience

The Company stands out for its unique insights and practices on integration of LED display and lighting

products with artistic design. The Company can create immersive visual experience by combining natural

public LED art installations with virtual human and naked eye 3D technologies. Qianjiang New Smart City Smart City Operations and Emergency Command

Command Centre Hangzhou Centre Zhangye City Gansu Province

Smart Park Dongying Port Economic Smart Water Conservancy Dispatch Centre

Development Zone Water Resources Department of Shandong Province

45 46Establishing the Metasight Ecosystem with Innovation Synergy / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Diversified and win-win cooperation Rendering comprehensive and efficient services

Value co-creation builds a win-win ecosystem Developing a robust customer service system to ensure high-quality services

As one of the core participants in the Metasight ecosystem the Company has built a collaborative framework of The Company has developed a robust customer service management system designed to render diversified service

"Ecosystem Synergy + Value Co-creation" deeply integrating global innovation resources. The Company has estab- solutions covering project delivery warranty value-added services and regular patrols. The system encompasses

lished close cooperative relationships with prominent players across the AI sector research institutes and industry key links such as post-sales service configurations and customer complaints handing procedures ensuring that

associations. Notably the Company has established an ISV partnership with Microsoft and Dell and achieved tripar- customers get exceptional service experience. By leveraging a three-tiered service system the Company aims to

tite cooperation with computing power providers (e.g. NVIDIA) and hardware manufacturers (e.g. Dell) as a display gradually create a "Domestic Three-Hour Service Circle" covering all domestic provinces and major cities.software developer. The Company has established a closed-loop customer complaint handling process encompassing "Complaint

By sharing resources and leveraging complementary strengths with global partners the Company has enhanced Logging ? Reasonableness Assessment ? Responsibility Determination ? Root Cause Analysis ? Solution Formulation"

technological capabilities expanded market opportunities and delivered more advanced and efficient Metasight ensuring standardised management across the entire process from intake to resolution of customer concerns.solutions for customers. This has significantly improved customer experience and satisfaction while jointly promot- The Company has passed the annual supervision audit conducted by the China Quality Certification Centre and

ing the development of the Metasight industry. obtained multiple certifications including ISO 20000 Information Technology Service Management System Certifica-

The Company actively participates in industry association events such as technical seminars and product exhibi- tion Level-3 Certification under the Information Technology Service Standards (ITSS) for operation and mainte-

tions to explore emerging trends and technology innovation. In addition the Company has established industry-aca- nance 12-star CTEAS (Customer Satisfaction and Service Capability) certification and Five-star (5S) After-sales

demia-research cooperation relationships with multiple universities jointly advancing scientific research projects Service Certification.and talent cultivation to provide high-quality talents for the industry and promote prosperous industry growth.Expanding a global service network to render localised support and 24/7 prompt

Diverse participation nurtures a thriving ecosystem response services

Within the Metasight ecosystem the Company has driven joint development with a diverse range of parties including Adhering to the strategy of "sales localisation service localisation and manufacturing localisation" the Company

distributors experts industry associations designers higher education institutions and customers. The collective aims to render more convenient and efficient services and support to customers worldwide.efforts strengthen the Company's competitive edge while laying a robust foundation for the flourishing of the entire Global service network: The marketing network spans over 160 countries and regions with overseas subsidiaries

Metasight industry. offices and service centres established in key areas to facilitate localised services.Comprehensive one-stop service capabilities: One-stop service capabilities extend across the entire process

from solution design sales installation after-sales support to training.Prompt response service guarantee: Rendering prompt first-rate services year-round.Experts Collaborating with industry partners to cultivate technical talents and

form a "three-hour service circle"

The Company has innovatively developed a new talent development model of "Industry Co-cultivation + Certification

Empowerment" creating a platform for the growth and development of LED technical service engineers i.e. the

Distributors Designers Unilumin Certified Engineer (UCE) Learning and Certification Platform. The platform provides trainees with a complete pathway of learning and certification. All certified service providers and engineers can accept orders

independently in the UCE Service Management System. By the end of 2024 the UCE platform had successfully

cultivated over 3000 certified engineers who collectively form a cohort of professional standardised and efficient

technical service talents to support the development of the standardised service capability of the "three-hour service

circle".Industry

associations Customers

UCE Certification UCE Certification UCE Certification

Training Sessions in Indonesia Training Sessions in Thailand Training Sessions in Hong Kong

Higher

education

institutions

UCE Certification Training UCE Certification Training UCE Certification Training

Sessions in Wuhan Sessions in Shanxi Sessions in Xi'an

47 48Establishing the Metasight Ecosystem with Innovation Synergy / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Conducting customer satisfaction management to enhance customer experience Protecting information security and privacy

The Company has implemented a "Data Driving + Experience Optimisation" customer satisfaction management In accordance with the Network Security Law of the People's Republic of China the Data Security Law of the People's

mechanism. In accordance with the Customer Satisfaction Control Procedure the Company has established a Republic of China and the Personal Information Protection Law of the People's Republic of China Unilumin has

closed-loop system of "Survey Analysis ? Problem Rectification ? Effectiveness Verification" and conducts satisfac- established and implemented its information security management system.tion surveys annually. Based on the survey results—combined with daily customer feedback—specialised reports are The Company has obtained the GB/T 22080-2016/ISO/IEC 27001:2013 certifications and developed a suite of regula-

produced to guide targeted service process improvements. In 2024 our overall customer satisfaction reached tions including the Information System Account Management and Authorisation Regulations the System Security and

98.05% demonstrating continuous enhancement of customer experience. Network Management Regulations the Computer Room Management Regulations the Provisions for Handling of IT Incidents the Management Regulations for Information System Backup and Recovery and the Disaster Recovery Drill

Plan. These ensure compliant control across data collection storage transmission and usage.Case 24/7 support for the Paris Olympics

The Company has established a three-tier information management structure composed of the Information Security

Service for more efficient events Committee (led by the Chairman) the Security Management Department and business units. The Information Securi-

The Company delivered LED displays covering an area of over 2600 m2 along ty Committee is responsible for formulating information security guidelines approving major policies and reviewing

with tailored solutions for the Paris Olympics. To cope with potential emergen- the management system. The Security Management Department develops and maintains relevant policies performs

cies the Company relying on its office in Paris assembled a dedicated mainte- risk assessments and privacy impact analyses and addresses security incidents and privacy complaints. All business

nance team consisting of senior engineers familiar with local regulations and units implement security measures the Technology Department maintains the security architecture and all employ-

culture. During the Olympics the maintenance team remained on standby ees attend information security training and adhere to relevant rules.around the clock and performed real-time monitoring and routine mainte- In terms of technological backstopping the Company has constructed a defence-in-depth system using tiered

nance ensuring optimal functionality of the displays throughout the event. network architecture VPNs and secure wireless network configurations. The Company deploys AES and RSA encryp-

tion algorithms to ensure secure data transmission performs multi-factor authentication and role-based access

control to enhance access security and conducts regular penetration testing and vulnerability scanning to continu-

ously optimise defence capabilities. Risk countermeasures are formulated and an emergency response team is set up

to handle information security incidents instantly. The Company undertakes comprehensive information security risk

assessments on a regular basis ensuring the effectiveness of the information security system through internal audits

vulnerability scans and third-party audits. During the Reporting Period the Company did not encounter or identify

any data breach events.Establishing a Sustainable Supply

Chain with Joint Efforts

Integrating ESG into supplier management

The Company has integrated ESG concepts into every aspect of its supply chain management and integrated the

sustainability concept into its supply chain management in an in-depth manner thereby promoting the gradual

Unilumin Provided a 480-m2 High-definition LED Display Terminal for Stade de France transition toward sustainable supply chain practices. Through core policies such as the Supplier Admission and Exit

Professionalism for safer events Management Procedures the Group Procurement Roles and Guidelines and the Procurement Contract Management

Measures the Company has established a comprehensive control system that spans from supplier qualification to

Through a localised service system we ensured zero faults during the event

helping Chinese manufacturing earn praise and recognition. This has become a performance management. Furthermore we have established specialised ESG-related management regulations

benchmark case of "Major Event Services ? Global Brand Enhancement ? including the HSF Environmental Protection Agreement the PCN Agreement the Confidentiality Agreement the

Sustainable Service Capability". Integrity Agreement and the Trade Security Agreement forming an ESG risk prevention matrix from raw material

procurement to finished product delivery.Admission management

The Company implements a multi-level supplier admission audit mechanism. Prospective suppliers are required to

submit foundational qualification documents including business licenses and tax registration certificates and must

undergo onsite audits. The audits evaluate ESG performance across critical areas such as environmental compliance

employee training and safety assurance. Any suppliers failing to meet the requirements will either be rejected or

ordered to make rectifications and will be qualified for admission only upon completion of necessary rectifications

and the second review.Annual target: Percentage of new suppliers screened using environmental and social standards: 100%

% Annual progress: Target achieved

49 50Establishing a Sustainable Supply Chain with Joint Efforts / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Performance evaluation Case: Supplier conference

The Company has established a supplier performance appraisal mechanism based on indicators such as delivery

timeliness product quality and service response efficiency. Following the initiation of collaboration the Company

conducts ESG compliance audit of a supplier' production processes from time to time. Should any non-compliance

be identified during an audit a closed-loop management process of "Rectification Notice ? Solution Submission ?

On-site Reinspection" will be triggered immediately. Suppliers involved in major quality incidents or who breach the

integrity agreement are disqualified through a one-vote veto elimination mechanism.Annual target: Number of suppliers causing significant environmental or social impacts: Zero

% Annual progress: Target achieved

Supplier KPIs

Signing rate of the integrity agreement for supplier admission: 100%

Release rate of integrity initiatives during major festivals: 100%

In October 2024 the Company hosted a supplier conference to share insights into product development

trends and critical technological breakthroughs which offered clear guidance and expectations to suppli-

Awareness of reporting channels for zero-tolerance for illegal activities: 100% ers. Our quality department analysed current technical challenges and proposed targeted solutions

enabling suppliers to upgrade product quality and rise to upcoming challenges.Investigation and response rate for illegal activity clues: 100%

Co-creating value with suppliers Promoting digital upgrades of supply chain

The Company is advancing the digital transformation of its supply chain by developing an integrated digital manage-

The Company has built a "Value Co-creation" supply chain collaboration system. To promote innovation and develop- ment system. This system incorporates a supplier interaction platform to enable online business collaboration. In

ment across the supply chain the Company actively engages with suppliers through global supplier conferences 2024 testing of the order visualisation module was successfully completed.technology innovation forums and ongoing guidance. Through these collaborative platforms we share insights into

industry trends and technological breakthroughs and collectively address issues in quality management and explore In the future the Company will further boost supply chain efficiency in the following aspects:

corresponding solutions.Annual target: Unilumin collaborates with upstream and downstream suppliers to create new procurement Order visualisation module:

business models fostering a mutually beneficial industrial chain ecosystem. Strengthen visualised management of order fulfilment between the Company and its suppliers ensur-

ing more transparent and efficient supply chain management.% Annual progress：

Supplier resource integration: Inventory verification and forecasting mechanism:

Centralised selection of 3 to 5 suppliers (2 alternatives and 3 major collaborations). Develop an inventory verification and forecasting mechanism. By integrating inventory manage-

ment and demand forecasting via an online mechanism Unilumin aims to minimise overstocking

Technical exchange and routine management discussions: and stockout risks while improving both responsiveness and flexibility of the supply chain.Based on existing issues we guided suppliers in quality management through collaborative discussions on

advancements and enhancements. Supplier performance appraisal and issue resolution:

Supplier co-creation: Efficiently resolve exceptions in the supply chain online thereby further strengthening both stabili-

Co-creation with core suppliers combined with supplier technology and company projects as joint efforts to ty and reliability of the supply chain.form new projects and new directions.

51 52Corporate Governance: Integrity And Compliance For Robust Development / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Corporate

Governance

Integrity and

Compliance for Robust

Development

On the path of corporate governance Unilumin remains firmly

committed to compliance principles. Upholding business ethics we

have laid a solid foundation for integrity-driven operations. By

strengthening intellectual property protection we foster innovation

and vitality. Through the continuous improvement of our governance

system we ensure compliant and efficient operations safeguarding

long-term corporate development and the interests of all stakehold-

ers.Key issues

·Corporate governance

·Business ethics

·Intellectual property (IP) protection

Corresponding SDGs

16

53 54Solidifying the Foundation of Compliance through Rational Governance / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Solidifying the Foundation of Deepening compliance governance

Compliance through Rational Governance strengthening information disclosure mechanisms

Unilumin has formulated the Internal Reporting Process for Material Information based upon the Regulations on

Building an independent diverse and professional Board of Directors Internal Reporting of Material Information enabling standardised identification collection and reporting of material

The Company's robust governance is rooted in compliant functioning of three key governing bodies: the Board of information across departments. This ensures the timeliness accuracy and completeness of information disclosure.Directors the Board of Supervisors and the Shareholders' Meeting. By strictly adhering to relevant laws regulations In 2024 Unilumin meticulously fulfilled its information disclosure obligations in compliance with laws and regula-

and regulatory requirements including the Company Law the Securities Law and the Rules Governing the Listing of tions such as the Company Law the Securities Law and the Measures for the Administration of Information Disclo-

Shares on Shenzhen Stock Exchange the Company has developed a sound corporate governance structure tailored sure of Listed Companies as well as rules and regulations such as the Articles of Association and the Information

to its reality. Disclosure Management Regulations. The Company received the highest "A" rating for information disclosure and

was honoured with several awards including the "2023 Outstanding Practice Case of Board Office in Listed Compa-

nies" by the China Association for Public Companies the "Golden Information Disclosure Award" by China Securities

Shareholders' Journal and the "Top 100 Investor Relations Award" by JDM.Meeting

In 2024 the Company convened five shareholders' meetings nine meetings of the Board of Directors and seven meet-

ings of the Board of Supervisors achieving a 100% resolution approval rate and disclosing 182 announcements in

Board of total.Supervisors

Shareholders' Meetings of the Meetings of the Resolution Total number of announce-

meetings Board of Directors Board of Supervisors approval rate ments disclosed in the year

Board of

Directors 5 9 7 100% 182

Special Meeting of

Independent Directors

Nomination and Remuneration

Appraisal Committee Strategy Committee Audit Committee

(Independent Director as the Head) (Chairman as the Head) (Independent Director as the Head)

The Board of Directors comprises seven directors three of whom are independent directors meeting the regulatory

requirement of "taking up more than one-third". With two inside directors and five external directors with diverse

expertise the board can provide expert insights on crucial areas such as strategic planning financial management

and brand structure from different professional perspectives. For detailed composition of each special committee

under the board please refer to the "2024 Annual Report".Lin Mingfeng Li Zhi Wu Jun Zhang Xiaoyun Hua Xiaoning Sun Yulin Huang Qijun

Position in Non-independent Non-independent Non-independent Non-independent Independent Independent Independent

the Board director/ director/ director/ director/ director/ director/ director/

of Directors Inside director Inside director External director External director External director External director External director

Degree Master Master Master Bachelor Master Doctor Master

Marketing and Strategy

Professional Management business management Strategy Accounting Management Management

background administration and finance

and branding

55 56Solidifying the Foundation of Compliance through Rational Governance / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Strengthening investor relations sharing growth outcomes Comprehensively advancing digital governance

Unilumin is deeply committed to an investor-centred philosophy and works to collectively create value for investors establishing an industry benchmark for intelligent manufacturing

through various mechanisms such as cash dividends employee stock ownership plan equity incentives share

buybacks and the management's shareholding increase. In 2024 Unilumin launched its fifth employee stock owner- The Company has established a "Digital Governance + Intelligent Manufacturing" dual-driver system. Through the

ship plan purchasing stocks valued at over RMB22 million. Additionally the Company introduced a stock incentive implementation of the UBS programme the Company has extended lean improvement concepts and methodologies

plan and repurchased shares worth RMB25 million for cancellation. Encouragingly core members increased their across product development manufacturing and operational management supporting our digital transformation

shareholdings by RMB8 million. and building an exceptional operations system. The programme focuses on three key areas: strategy implementation product planning and order fulfilment ensuring precise delivery quality assurance and operational efficiency across

Unilumin attaches great importance to investor returns and actively executes its shareholder dividend return plan. the enterprise ultimately enhancing customer satisfaction. As part of this initiative Unilumin's Daya Bay Smart Manu-

Moreover to further express gratitude to shareholders Mr. Lin Mingfeng the Chairman and General Manager of the facturing Base the world's largest LED display manufacturing base has improved the stability of the manufacturing

Company proposed a cash dividend of RMB2.40 per ten shares (tax inclusive) for 2024 totalling a proposed payout of process by 80% production efficiency by 50% logistics transfer efficiency by 60% and storage area capacity utilisa-

RMB261 million. tion rate by 350% through the extensive application of automation lean practices and digitalisation and is being

The Company will continue to enhance the level of shareholders' return fulfil its responsibilities and continue to developed as a benchmark unmanned factory in the LED industry.practice the development strategy of "double enhancement of quality and return".Year Total Cash Dividends (RMB 10000) Cash Dividend Payout Ratio

20235438.7137.65%

20221633.6325.68%

20212727.4914.96%

20202178.6418.50%

20191466.792.77%

20184567.5611.08%

20173171.9211.16%

20163150.0518.92%

20151381.7712.15%

2014609.1110.01%

2013608.3818.45%

2012--

2011777.217.01%

Establishing a risk management system to address risks dynamically

Unilumin has issued a range of regulations such as the Comprehensive Risk Management Measures the Internal

Control Manual the Emergency Response Regulations for Crisis Management and Internal Audit Regulations which

establish a risk prevention and control framework covering multiple areas clearly define the risk management and

internal control management departments and establish a three-line defence mechanism for pre-event in-process

and post-event risk management covering operation management risk management and audit oversight.The Company's management in charge of operations team has established a Risk Assessment Committee along with

experts from diverse fields. Using a quantitative matrix model the Committee conducts risk identification and

response planning. To date the identified risks have been categorised into ten distinct risk types across five levels:

strategic market financial operational and legal risks. The Company has maintained zero occurrence of major risks.

57 58Clearing the Source by Anti-corruption and Improving the Supervision System / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Clearing the Source by Anti-corruption The Company continues to strengthen its integrity and anti-corruption framework

and Improving the Supervision System In 2024 a total of 29 cases involving commercial bribery and other violations were investigated and addressed through internal and external coordination mechanisms resulting in disciplinary action against 33

Guided by its core value of "mindfulness with altruism" Unilumin strictly complies with domestic and international individuals.laws and regulations related to anti-corruption anti-bribery anti-unfair competition and anti-monopoly upholds a We implement a dual-track approach featuring integrity training and legal action: Internally we enhance

zero-tolerance stance against corruption and maintains anti-corruption as a red line and requires all partners to employee awareness through integrity education and warning sessions; externally we leverage legal action to

adhere to anti-commercial bribery and anti-corruption regulations striving to foster an integrated and trustworthy address cases such as trademark infringement and unauthorised use of company seals thereby safeguarding

environment as well as fair partnerships. corporate rights and maintaining a fair market environment.Establishing a systematic management system building a protective cover

Business ethics management system Reinforcing the integrity culture promoting comprehensive integrity education and training

As the supreme supervisory body the Audit Committee presides over a structured management framework encom-

passing the Legal & Risk Control Department the Internal Audit Department and the Supervision Department. Employees

Together they form a closed-loop control system of "Prevention ? Monitoring ? Response". The Company continues to carry out at least six times a year to cover all staff integrity training including theme

Anti-corruption management regulations lectures courseware learning and signing integrity agreements. Additionally the Company also organises for two

Unilumin has developed a comprehensive suite of codes of conduct and guidelines including the Anti-Corruption times a year cadres and employees to visit the Shenzhen Prison Integrity Education Base.Management Measures the Whistleblowing and Complaints Management Measures the Management Measures for Suppliers

Acceptance of Gifts by Employees the Integrity Pledge the Integrity Agreement the Confidentiality Agreement and In addition to requiring suppliers to sign the Integrity Agreement the Company conducts holiday integrity publicity

the Management Regulations on Punishments and Penalties for Violations of Disciplines and Rules forming a and guidance each year for all suppliers.comprehensive anti-corruption management framework that applies to all employees and business partners

which is designed to regulate the conduct of employees and related parties prevent improper transactions and

conflicts of interest and maintain fair market competition.Antitrust and fair competition risk control

In alignment with the Anti-Unfair Competition Law Unilumin resolutely fights against any actions that contravene

the principles of voluntariness equality fairness and honesty undermine laws and business ethics disrupt market

competition order or infringe upon legitimate rights and interests of businesses or consumers.Strengthening anti-corruption measures enhancing risk management capabilities

The Company maintains a "zero-tolerance" policy towards corruption and has established a mechanism of "Whis-

tleblower Handling ? Risk Assessment ? Supplier Supervision":

Integrity Training ? Visiting Shenzhen Prison Integrity Training ? Themed Lecture

Receipt of whistleblower complaints

The Company has designated dedicated personnel to manage whistleblowing channels and its digital

whistleblowing platform has achieved full-process closed-loop management ensuring timely responses. Confi-

dentiality measures are strictly implemented in accordance with the Management Measures for Whistleblower

Complaints.Proactive assessment

The Company conducts regular corruption risk assessments across all business operations annually with a 100%

coverage and issues annual risk assessment reports. High-risk areas are notified and required to take corrective

actions within a specified period. Failure to address these issues may affect the annual performance appraisal of

related personnel. Case: Integrity publicity for suppliers

Supplier regulation On 26 October 2024 Unilumin Group 20th Anniversary Celebra-

Supplier management strictly adheres to the Company's anti-corruption policy. The Integrity Agreement has a tion and Global Ecosystem Partner Conference was held

100% signing rate among suppliers explicitly prohibiting all forms of commercial bribery and other improper during which the Company provided suppliers with a special

conduct. Any violation of this agreement or related policies may result in measures including but not limited to ethics training themed "Win-win Cooperation with Integrity"

termination of cooperation economic compensation claims and legal action and the purpose is to uphold a fair for suppliers. The business partners highly praised Unilumin's

and transparent business environment. anti-corruption efforts.

59 60Strictly Controlling Risks and Building a Wall for IP Protection / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report

Strictly Controlling Risks and Building

a Wall for IP Protection

The Company strictly complies with the Patent Law of the People's Republic of China the Trademark Law of the

People's Republic of China the Copyright Law of the People's Republic of China and other laws and regulations and

has formulated the IP Management Measures the Regulations on Trademark Management and other management

regulations. Meanwhile the Company has established the dedicated IP Department to regulate guide and monitor the

implementation of IP protection.The Company values IP management with IP risk assessments embedded within its IPD R&D process to ensure compli-

ance throughout the R&D lifecycle. At the same time the Company has established an incentive system based on

"Training + Competitions + Rewards". It also improves employees' IP awareness and professional competence through

IP publicity weeks knowledge contests and themed training sessions and encourages innovation and technology

commercialisation by rewarding employees with patent commercialisation results and patent application and licens-

ing.In 2024 the Company was awarded a Grade III certificate in the grading evaluation of innovation and IP management

under the ISO 56005 international standard becoming the first enterprise in the LED display industry nationwide and

in Shenzhen to achieve this distinction.In 2024 the Company obtained licensing for 74 invention patents and obtained 176 utility model patents 90 design

patents 166 software copyrights and 54 trademarks. As at the end of 2024 the Company had cumulatively obtained

licensing for 74 invention patents and obtained 176 utility model patents 90 design patents 166 software copyrights

and 54 trademarks.

61 62Vision of the Future / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report 2024 Environmental Social and Corporate Governance Report / Unilumin Group Co. Ltd. / Vision of the Future

Vision of the Future

As a global leader in the Metasight industry the Company will continue to deepen its ESG strategic layout with Expanding the Boarder for Social Value Creation

"display a glorious world and light up a happy life" as its vision and "environmental friendliness social inclusion and

governance excellence" as its goals. The Company will accelerate innovation in low-carbon display technologies such · Upgrading educational philanthropy

as Mini/Micro LED establish a carbon footprint management system covering the entire industry chain and consis- The Company will expand efforts from South China to nationwide continuing to launch initiatives in educational

tently deliver low-carbon solutions. Moreover the Company will enhance philanthropic initiatives expand the empowerment and charitable assistance for students.boundaries of social value creation and improve the platform for full-life-cycle development of employees. At the · "Lighting up Rural Areas" programme expansion plan

same time the Company will establish a comprehensive risk control and governance system across the entire indus- The Company will in collaboration with local governments and public welfare organisations extend the "Lighting

try chain encompassing areas such as supply chain management data security and anti-corruption and collaborate up Rural Areas" programme for lighting infrastructure to more rural areas—bringing light and hope to mountain

across the value chain to jointly build a thriving Metasight ecosystem. By 2025 the Company aims to achieve new ous villages.breakthroughs in products and technologies further develop its carbon management system accelerate the imple-

mentation of its carbon neutrality strategy actively expand the boundaries of social value creation and enhance the · Employee development plan

modernisation of corporate governance. The Company will promote diversified development and build a robust talent pipeline. It will through structured

training programmes job rotation mechanisms and career advancement pathways provide comprehensive

Deepening the Carbon Management System Construction support for employees' professional growth.· Comprehensive greenhouse gas inventory

The Company will conduct a greenhouse gas inventory in accordance with ISO 14064 standards and issue a Green Improving the Modernisation of Corporate Governance

house Gas Inventory Report establishing a carbon emissions baseline database to support the setting of · Enhancing digital governance capabilities

science-based emission reduction targets. The Company will build a CRM system based on the LTC (Lead-to-Cash) transformation model to optimise

· Enhancing carbon management capacity digital operational capabilities accelerate time-to-market for products and solutions and establish an

The Company will organise ISO 14064 internal auditor training to develop a professional team capable of conduct efficient digital operation system.ing annual carbon emission verifications and effectively managing greenhouse gas emissions. · Value co-creation with stakeholders

· Participating in CDP disclosures The Company will promote the development of sustainability standards in the LED industry and foster a

The Company will respond to CDP questionnaires on climate change water security and forests to meet customer multi-stakeholder co-creation ecosystem.ESG requirements across the supply chain and systematically identify ESG risks and opportunities. · Strengthening compliance capabilities

The Company will continue to standardise corporate operations improve supplier ESG evaluation criteria

Accelerating the Implementation of the Carbon Neutrality Strategy and enhance anti-corruption training coverage to ensure compliance across all business processes.· PAS 2060 standard assessment · Enhancing investment returns and sharing business success

The Company will carry out greenhouse gas emission verification based on the PAS 2060 standard to validate the The Company will actively implement shareholder return plans. To further express gratitude to sharehold

effectiveness of reduction measures plan carbon offset pathways and align with international standards. ers Mr. Lin Mingfeng the Chairman and General Manager of the Company proposed a cash dividend of RMB2.40 per ten shares (tax inclusive) for 2024 totalling a proposed payout of RMB261 million.· Green technology advancement

The Company will focus on breakthroughs in energy efficiency enhancement technologies for Micro LED packaging

improve luminous efficacy and continuously develop energy-saving solutions to reduce power consumption.· Clean energy expansion

The Company will expand the scale of distributed photovoltaic installations and promote low-carbon transforma

tion of the factory energy structure increasing the share of renewable energy use.

63 64Environmental ESG KPIs / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report 2024 Environmental Social and Corporate Governance Report / Unilumin Group Co. Ltd. / Environmental ESG KPIs

Appendices

Environmental ESG KPIs Content Index of Sustainability

Reporting Guidance for Specific Data Collected Unit Data for 2024

Listed Companies

Content Index of Sustainability

Reporting Guidance for Specific Data Collected Unit Data for 2024

Listed Companies Gasoline consumption (official vehicles) Litre 51593.00

Chemical Oxygen Demand (COD) emissions Tonne 0.20 Diesel consumption Litre 1335.40

Pollution Control and

Ecosystem Protec- Ammonia nitrogen (NH3-N) emissions Tonne

tion—Wastewater 0.50

Liquefied petroleum gas Tonne

(LPG) consumption 11.00

Nitrogen oxide (NOx) Tonne 0.20 Natural gas consumption Cubic metre (m3) 82270.00

Sulfur dioxide (SO2) Tonne 0.04 Renewable energy Resource Utilisation and kWhconsumption (photovoltaic) 1528154.00Pollution Control and

Ecosystem Protec- Circular Economy—Ener-

tion—Waste Gas Particulate matters (PM) Tonne 24.20 gy Use Total outsourced electricity consumption kWh 79238485.80

VOCs Tonne 0.15 Total direct energy consumption Tonne of standard coal 305.35

Waste printer cartridges ink boxes

and other hazardous office waste produced Tonne 0.44 Total indirect energy consumption Tonne of standard coal 9738.41

General industrial waste (slag dust etc.) Tonne 82.00 Total comprehensive energy consumption Tonne of standard coal 10043.76

Pollution Control and

Ecosystem Protec- Hazardous waste and other Comprehensive energy Tonne of standard coal/ hazardous production wastes Tonne 35.57

tion—Hazardous Waste consumption intensity revenue of RMB1 million

1.29　

Total hazardous waste Tonne 118.02 Production water consumption Tonne 63128.00

Hazardous waste intensity Tonne/revenue of RMB1 million 0.02 Office water consumption Tonne 333711.00

Household garbage Tonne 2246.6 Resource Utilisation and Total water consumption Tonne 396839.00Circular Economy—Re-

Other non-hazardous production waste Tonne 20.56

source Use

Total water consumption intensity Tonne/revenue of RMB1 million 51.05

Pollution Control and

Ecosystem Protec- Other non-hazardous office waste Tonne 72.00 Total packaging material consumption Tonne 58.80

tion—Non-hazardous

Waste Total non-hazardous waste Tonne 2339.16 Total Scope 1 GHG emissions Tonne of carbon dioxide (CO2) 331.12

Non-hazardous waste density Tonne/revenue

of RMB1 million 0.30 Total Scope 2 GHG emissions Tonne of carbon dioxide (CO2) 42519.37Climate Response--GHGs

Pollution Control and Major environmental accidents during the Reporting Period Case 0 Total GHG emissions Tonne of carbon dioxide (CO2) 42850.49

Ecosystem Protec-

tion—Ecological Protec-

tion Investment in environmental protection RMB 10000 57.01 GHG emission intensity

Tonne of carbon dioxide (CO2)/

revenue of RMB1 million 5.51

65 66Social ESG KPIs / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report 2024 Environmental Social and Corporate Governance Report / Unilumin Group Co. Ltd. / Social ESG KPIs

Social ESG KPIs 1 Work injury rate: (number of work-related injury incidents / total number of employees) × 100% 2 Injury rate per million hours worked: (number of work-related injury incidents × 1000000) / total number

of hours worked by all employees

Content Index of Sustainability Content Index of Sustainability

Reporting Guidance for Specific Data Collected Unit Data for 2024 Reporting Guidance for Specific Data Collected Unit Data for 2024

Listed Companies Listed Companies

Total number of employees of the Group Person 5638 R&D investment RMB 375994192.48

Proportion of male employees % 67 Number of R&D personnel of the Group Person 1124

Proportion of female employees % 33 Number of patent applications (invention) Application 72

Proportion of employees aged 29 and below % 34 Innovation and Ethics Number of patent applications (utility model) Application 139

Employees ? Employment of Science and

Proportion of employees aged 30-49 % 64 Technology ? R&D Number of patent applications (design) Application 84

and Innovation

Proportion of employees aged 50 and above % 2 Number of licensed patents (invention) Patent 92

Labour contract coverage % 100 Number of licensed patents (utility model) Patent 245

Work injury rate1 % 0.09 Number of licensed patents (design) Patent 133

Total lost days due to work injury Day 197.56 Number of acquired software copyrights Copyright 41

Injury rate per million hours worked2 / 0.45 Number of subsidiaries certified as high-tech enterprises Subsidiary 10

Employees ? Safety Man- Number of work safety training sessions

Time 45 Total number of suppliers Supplier 2056

agement Number of work safety training participants Person-time 1282 Number of suppliers from Chinese mainland Supplier 1688

Suppliers and Customers ?

Safety training hours per capita Hour 6.61 Suppliers Number of suppliers from Hong Kong Macau and Taiwan Supplier 61

Amount paid for work injury insurance/

work safety liability insurance RMB 10000 279.96 Number of overseas suppliers Supplier 25

Coverage of work injury insurance/

work safety liability insurance % 100 Number of product complaints received Time 869

Proportion of trained male employees % 100 Number of service complaints received Time 131

Proportion of trained female employees % 100 Major safety or quality liability accidents related to

products and services during the Reporting Period Accident 0

Proportion of trained employees aged 29 and below % 100

Proportion of trained employees aged 30-49 % 100

Suppliers and Customers ? Proportion of products recalled due to safety or %

Employees ? Training quality reasons in total products sold or delivered

0

Proportion of trained employees aged 50 and above % 100 Product Responsibility

Total training hours Hour 37275.44

Number of products recalled due to safety or quality Tonne

Employee training coverage reasons in total products sold or delivered

0

%100

Total number of training sessions

during the Reporting Period Time 627 Data security incidents during the Reporting Period Incident 0

Annual training expenditure RMB 10000 131989.13 Customer privacy disclosures during the Reporting Period Incident 0

67 68Governance ESG KPIs / Unilumin Group Co. Ltd. / 2024 Environmental Social and Corporate Governance Report 2024 Environmental Social and Corporate Governance Report / Unilumin Group Co. Ltd. / Governance ESG KPIs

Content Index of Sustainability

Reporting Guidance for Specific Data Collected Unit Data for 2024

Listed Companies

Community investment RMB 10000 772.45

Investment in focus areas - Education RMB 10000 130.45

Rural Revitalisation Investment in other focus areas - Lighting up Rural Areas RMB 10000 139

and Social

Contributions ? Investment in other focus areas - Care for special groups RMB 10000 43

Community Investment

Investment in other focus areas - Health advocacy RMB 10000 354

Other expenses (administrative etc.) RMB 10000 106

Hours spent by employees in charitable/volunteer activities Hour 205

Governance ESG KPIs

Content Index of Sustainability

Reporting Guidance for Specific Data Collected Unit Data for 2024

Listed Companies

Number of corruption-related lawsuits pending or resolved Lawsuit 2

Number of directors attending anti- Person 10

Business Practises ? corruption trainings of the Group

Business Ethics Number of management attending anti-

corruption trainings of the Group Person 131

Total number of employees attending anti-

corruption trainings of the Group Person 2987

6970