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Company Profile

Luen Mei Quantum Co., Ltd. (hereinafter referred to as Luen Mei Quantum; stock code: 600167.SH) is a public company listed on the Shanghai Stock Exchange. Luen Mei Quantum (stock code: 600167.SH) upholds its business philosophy of technological innovation as a driving force and lean management as its cornerstone. Focusing on the national development of the utilities and improvement of the ecological environment, it is committed to building a low-carbon and clean eco-circle for a good life. It has gained a unique development advantage in multi-energy utilization and supplies, smart management and control, and so forth, as embodied by clean fuel coal centralized heating and thermoelectric integrated generation, recycled water-source thermal pump heating, biomass thermoelectric integrated generation, natural gas distributed cooling/heat/electricity integrated supplies, etc. It provides integrated energy solutions as well as smart operations and offers management services to address the needs of urban residents for heating and cooling and to meet the multi-energy requirements of industrial parks, huge urban public buildings, and others. 

 

Luen Mei Quantum is based in Shenyang, Liaoning and seeks to expand nationwide in “self-building + acquisition + operations management” mode. It is currently implementing and operating multiple projects in Shenyang, Liaoning; Taizhou, Jiangsu; Heze, Shandong; Shanghai; and so forth. With a total planned heating area of 150 million square meters, it achieved an average heating area of 68.15 million square meters and an internetworked area of about 88.85 million square meters by the end of 2020.  

 

In addition to its steady growth in the clean energy business, Luen Mei Quantum has obtained a unique competitive edge in its newly added high-speed railway digital media business thanks to the rapid development of high-speed railways in China. By the end of 2020, its high-speed railway digital media resources had covered 28 provinces, municipalities under the central government, and autonomous regions nationwide and owned more than 500 contracted stations and close to 5,500 digital communications platforms, enough for it to satisfy customers’ requirements for nationwide brand communications and scenario-based brand promotion. In May 2021, its subsidiary, Mega-info Media, passed the review by the ChiNext Listing Committee. 

 

Luen Mei Quantum realized operating revenue of RMB3.598 billion in 2020 and paid close to RMB500 million in taxes; it was included as a constituent in each of the three major global indexes, namely FTSE Russell, Standard & Poor, and MSCI. Besides, it was honored as one of the “Top 100 Listed Companies on Main Board in China”, “Top 50 Core Assets in China A-Shares”, “Zhonglian Top 100 Listed Companies in Value”, “Zhonglian Top 10 Listed Companies in Electric Power Industry”, and so forth, while it received the “Golden Bull Investor Relations Management Award”. In the energy sector, it received such honors and recognitions as “Top 500 Energy Group in China”, “National 5A Certification for Clean Heating Service”, “Top 10 Clean and Efficient Operations & Maintenance Enterprise”, and “Top 100 Energy-efficient and Eco-friendly Enterprise in Thermal Power Sector”. 

 

Looking ahead, Luen Mei Quantum will consistently follow the principle of ecology first and green development and promote a win-win relationship between enterprise and society and harmony between mankind and nature. Against the policy backdrop of “peak carbon dioxide emissions and carbon neutrality”, it will, guided by scientific energy use, clean energy supply, and smart operations, continue to create long-term value for shareholders, customers, employees, and society; it will provide higher-quality energy service for residents in their lives and for industrial production and make relentless efforts to contribute to developing China into a beautiful country.  

 

Luen Mei, connecting to the future and making life beautiful.