Recently, Absen officially released its 2024 Corporate Social Responsibility (CSR) Report, which systematically outlines the company’s practices and achievements in corporate governance, technological innovation, green and low-carbon development, and social contribution. This marks the fourth CSR report issued by Absen since 2021.
01 With Integrity at the Core: Advancing Governance and Building a Responsible Supply Chain
Absen firmly upholds the core values of integrity, gratitude and responsibility, and has built a corporate social responsibility (CSR) management system that engages all stakeholders. While pursuing commercial value and maintaining steady operations, the company remains focused on issues that drive long-term value creation, continuously improving corporate governance and adhering to a path of compliant and responsible business operations.
In terms of corporate governance, Absen has established a sound organizational structure comprising the Board of Directors, Board of Supervisors, and executive management, ensuring clearly defined responsibilities, and efficient collaboration across all levels. In 2022, Absen’s Chairman, Ding Yanhui, became the company’s ultimate controlling shareholder by subscribing to a private share placement. This strategic step helped optimize the corporate governance structure and ensure the implementation of Absen’s long-term development strategy. In addition, Absen has implemented a restricted stock incentive scheme and an employee stock ownership plan, significantly strengthening team engagement and organizational cohesion. In 2024, Absen was honored with multiple prestigious corporate governance awards including the SSE Golden Quality Award – Corporate Governance Excellence, the Cailian Press Zhiyuan Award – Corporate Governance Pioneer Enterprise, and TMTPost Best Internal Governance Listed Company Award. Additionally, the company has maintained the Shenzhen Stock Exchange’s highest Grade A information disclosure rating for two consecutive years.
△ In 2024, Absen was honored with the prestigious SSE Golden Quality Award for Corporate Governance Excellence, while Chairman Ding Yanhui honored with the distinguished Outstanding Entrepreneur Award.
In terms of supply chain responsibility, Absen continuously improves its supply chain management system, strengthens end-to-end supplier management, and conducts environmental risk identification and continuous monitoring mechanisms across the supply chain. In addition, Absen has established the Supplier Quality Management Regulations and signed the Supplier Corporate Social Responsibility Agreement with its partners to ensure that suppliers understand, participate in, and cooperate with the company’s CSR management framework. Through multiple initiatives to support supplier development, Absen is committed to building a shared community of responsibility.
02 Innovation-Driven: Sustaining Technological Leadership and Developing Flagship Products
Innovation-Driven Development. Through core initiatives such as cultivating a high-caliber talent team, promoting deep integration of industry, academia, and research, and establishing a postdoctoral innovation practice base, Absen has built a triadic innovation ecosystem of “Talent–Technology–Market.” The company is committed to addressing key technological challenges in the industry, driving transformation, and continuously reinforcing its position as a market leader.
△ Absen leverages technological innovation to drive product upgrades, with a forward-looking focus in recent years on key areas such as display quality, low-carbon energy efficiency, intelligent interaction, and Micro LED. These efforts have led to significant technological advancement and fortified proprietary technology barriers, delivering products that are intelligent, high-definition, energy-efficient, high-quality, and highly reliable.
From high-profile appearances at international events such as the Paris Olympic Games and the NBA All-Star Game, to AI-powered interactive systems and digital art solutions, as well as the global release of several key industry standards, Absen’s series of innovation-driven initiatives go beyond product iteration and optimization. By expanding application scenarios and fostering ecosystem collaboration across the industry chain, Absen is driving the evolution of LED displays from information carriers to high-value digital platforms.
03 Energy Efficiency and Carbon Reduction: Delivering on our green pledge, Pioneering the Low-Carbon Transformation
Under the “dual carbon” goals, Absen has integrated the principles of green, low-carbon, and energy-efficient development into its corporate responsibility framework, embedding them throughout the entire business management process. The company continues to explore new pathways to sustainable development across product research and development, manufacturing, and corporate operations.
In 2024, Absen’s Dongjiang Intelligent Manufacturing Centre was recognized as a National Green Factory, highlighting the company’s leading capabilities in low-carbon, energy-efficient, and green manufacturing. In addition, Absen has actively advanced the development of a clean energy system across its campus. According to calculations, the photovoltaic power generation system at the Dongjiang facility produces an average of 1.8 million kilowatt-hours of electricity annually. The solar-storage-charging integration project is expected to save approximately 550 tons of standard coal and reduce around 1,400 tons of carbon dioxide emissions each year—equivalent to planting over 80,000 trees.
△ In 2024, the Dongjiang Intelligent Manufacturing Centre was honored with the MONDO-DR Sustainability Award as a model green and energy-efficient campus, in recognition of its low-carbon architectural design.
In 2024, Absen continued to advance its product carbon footprint accounting efforts, completing cradle-to-gate carbon emission verification for 24 models across four major product series in sectors such as outdoor advertising and Pro AV. The verification were found to be fully compliant with the international standard ISO 14067:2018 and were officially certified by TÜV SÜD, a globally recognized certification authority.
△ Carbon Footprint Verification Achieved for 24 Models Across Absen’s Four Product Series
04 Shared Achievements: Empowering Employees and Advancing Social Well-being
Absen places great importance on employee care and development. By establishing a comprehensive talent selection and appointment system, the company supports career growth through a dual-channel promotion mechanism that focuses on both professional expertise and management skills. This system helps young talent stand out and ensures a comprehensive, strategic rejuvenation at all levels of execution. In addition, Absen has established the Absen Academy to focus on talent development, capability building, and knowledge management. In 2024, the company conducted 236 training sessions, over 2,250 individuals throughout the year.
By establishing industry standards, Absen is committed to driving the LED display industry towards greener, healthier, and more sustainable development. In 2024, it’s been 10 years since Absen’s pioneering ACE Engineer Certification Training Program was launched. Over the past decade, the program has trained more than 4,500 certified engineers globally, fostering industry service ecosystem standardization through its ongoing positive impact.
△ 2024 ACE Training Program – South Africa Session
In terms of social welfare, Absen actively fulfills its responsibilities as a corporate citizen and is committed to public service initiatives. Over the years, the company has consistently carried out rural assistance programs, focusing on rural education. Through donations of both funds and materials, Absen has supported educational development and livelihood protection in impoverished regions.
From governance and compliance to technological leadership, from green practices to shared achievements, Absen’s 2024 Corporate Social Responsibility Report highlights the multifaceted commitment of a Chinese technology enterprise. Amid the rapid growth of the global LED display industry, Absen will continue to drive forward with technological innovation as its engine and social responsibility as its guiding light, steadfastly moving toward its strategic goals.
