Recently, the COP29 was held in Azerbaijan. The Report on Green Transition Practices of Chinese Enterprises 2024 ("Report") was released at the China Pavilion's side event titled "collaborative air pollutants and carbon emission reduction for facilitating industry transition to a low-carbon future". Leyard was successfully selected for the Report for "establishing a carbon emission management system and leading the industry in green and low-carbon development", a case which represents our innovative thinking and typical practice in green transition.

The event, one of the three side events at China Pavilion, was coordinated by the Ministry of Ecology and Environment of the State Council and co-sponsored by the Chinese Research Academy of Environmental Sciences and the China Federation of Industrial Economics, providing a leading platform for all sectors of Chinese society and the international community to share and co-manage the results of modernized social governance. Focusing on the positive exploration of Chinese enterprises in green transition, the Report features the practices of corporates that excel in green transition across a wide range of fields, such as new energy development and utilization, green manufacturing, and low-carbon technologies, aiming to promote the excellent experience of Chinese enterprises in green transition.

As a global innovative visual effect technology leader, Leyard has been serving the national ecological civilization strategy and striving to improve energy utilization efficiency through technological innovation. We're also seeking to save energy through management, technology and practices. To this end, we thoroughly implement the dual control system for energy consumption, strictly enforce energy consumption quota management and firmly bind energy-saving targets to the personnel involved to ensure the effective implementation of energy saving and emission reduction measures; we facilitate the intelligent transformation of energy saving by constructing new factories up to green building standards and enhancing the information level; and we increase promotional and training efforts to raise employees'awareness of energy conservation and consumption reduction, and advocate a simple, moderate, green and low-carbon lifestyle.

In 2021, Leyard was included as the industry's first company in the MIIT's List of Green Supply Chain suppliers. Meanwhile, Leyard TV Technology Co., Ltd. and Leyard Shenzhen were inscribed on the MIIT's List of Green Factories.

In 2022, Leyard received the Low Carbon Product Supplier Certificate and the Product Carbon Label Evaluation Certificate from the China Electronic Energy Saving Technology Association, becoming the first receiver of the latter in LED industry. In the same year, Leyard was named a Carbon Neutrality Commitment Demonstration Enterprise, awarded a Carbon Neutrality Commitment Demonstration Enterprise Certificate, and signed a Carbon Neutrality Commitment Letter.

In 2023, TÜV Rheinland, a world-leading testing service provider, verified and awarded Leyard with ISO 14067:2018 Product Carbon Footprint Certificates for series TX, series MG, and series NCV LED display products.

As an enterprise long-recognized for its social responsibility in China, Leyard has been firmly implementing the national strategy to address climate change. Going forward, we'll keep working with representatives from different industries to take the lead in addressing climate change challenges, pursue innovation and green transition, deepen international exchanges and cooperation, and fulfill our corporate social responsibility to a higher standard.