Country for PR: China
Contributor: PR Newswire Asia (China)
Friday, December 10 2021 - 08:33
AsiaNet
Chairman of Unilumin Declares 11 Million Share Donation to Unilumin Foundation
SHENZHEN, China, Dec. 10, 2021 /PRNewswire-Asianet/ --

Global-leading Shenzhen-based LED enterprise Unilumin Group, issued a public 
announcement. Unilumin's Chairman Lin Mingfeng signed an agreement to donate 
his private equity of 11 million shares of Unilumin stock (worth nearly RMB 100 
million according to the transaction price on the settlement day) to the 
Unilumin Foundation, for charitable purposes.

Through an open letter, Lin Mingfeng explained the donation's intention. He 
mentioned the hard experience of his rural childhood, and attributes his 
success to the open policy in China and also the support from his colleagues. 
He hopes to light up rural roads with street lamps provided by Unilumin's 
leading edge in LED lighting and display, so as to give back to society.  

Besides the Chairman's donation, Unilumin Group has always been committed to 
CSR. To fight Covid-19, for example, Unilumin created a global endowment 
consisting of 5 million yuan and supplies.

Early in 2017, Lin Mingfeng and his colleagues had the idea of engaging in 
public welfare, establishing the Unilumin Foundation in Shenzhen thereafter. 
Since then, he's noticed that making Unilumin Foundation a platform for 
Unilumin's stakeholders to demonstrate their philanthropy, and thus make the 
foundation thrive. As a result, he decided to donate his private equity of 11 
million shares of Unilumin to the Unilumin Foundation to enrich the 
foundation's capital pool and motivate more Unilumin people to participate in 
charity.

Lin Mingfeng said that he bears primary responsibility for running the company 
well and providing excellent products and services to Unilumin's customers, and 
at the same time, maintaining ESG responsibility. In the future, the Unilumin 
Foundation will focus on "rural revitalization, medical assistance, student 
assistance and teaching assistance" and seek an innovative public welfare model 
of sustainable development.



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

Source: Unilumin Group



Image Attachments Links:

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

   Caption: Lin Mingfeng, Chairman of Unilumin

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

   Caption: Unilumin Street Project in Italy

Attachments
image-1.jpg 2.png
Translations

Japanese