Colorlight Cloud Tech Ltd

Colorlight Cloud Technology Co., Ltd. is a manufacturing company established in 2012 and listed on the Shenzhen Stock Exchange's ChiNext board in December 2022 under the ticker 301391. The company specializes in video processing algorithms and hardware devices, offering professional display control solutions within the video display industry. Colorlight adheres to the cultural concept of "Large Display Leads to Visionary Creation," focusing on innovative applications in LED display control technology, particularly in the context of 5G and 8K technologies. Colorlight's main business lines include LED display control systems, video processing equipment, and C-cloud players. The LED display control systems consist of essential components such as receiving cards and transmitters, which facilitate video signal transmission to LED screens. The video processing equipment enhances video playback capabilities, integrating features like optical correction and ultra-high-definition rendering. The C-cloud player enables centralized management and distribution of content across various platforms, supporting multiple networking methods. The company's products are utilized in diverse applications, including commercial displays, events, and broadcasting, establishing a strong market presence and reputation.

Colorlight Cloud is recognized as a “National High-tech Enterprise,” “Little Giant” Firm, “Champions in Individual Field,” “demonstration enterprise of intellectual property rights,” and the Guangdong Province Smart Multimedia LED Visual Control System and Equipment Engineering Technology Research Center. It is also the first LED video display control company listed on the A-share market. The company has significant advantages in technology, products, services, and talent aspects: 1. Technological Advantage Colorlight is committed to providing video & image display control software and hardware portfolios for customers across the globe. Leveraging its sufficient R&D budget and research capabilities, it has mastered technologies such as calibration system for massive pixels, XR virtual shooting, micro screen adjustment, non-linear color gamut calibration, low-latency processing for multi-channel ultra-8K video, Infi-bit extension, and mobile display grid-based play control management. Offering professional and advanced display control systems and video processing equipment, the company helps customers provide the best visual experience to their end-users. As of June 30, 2023, the company holds 118 patents (including 97 invention patents) and 52 software copyrights. 2. Top Notch engineers The company has built top-notch R&D, production, sales, and management teams in Shenzhen, one of China's top talent hubs. It has developed a comprehensive talent acquisition and training system. The company's R&D centers are in Shenzhen, Beijing, Chengdu, and Xi'an and comprise the hardware, software, Smart City, testing, and product departments. Its core R&D team includes teams of hardware design engineers, FPGA logic development engineers, embedded development engineers, Windows/Linux desktop software development engineers, algorithm research engineers, and iOS/Android app development engineers. 3. Enriched Product lines Leveraging years of experience and technology accumulated in developing and producing LED display control systems, the company has gradually ventured into higher-tech video processing equipment and cloud-based internet players. As the product range expands, it will cover the entire product line in display control and video processing, capable of providing one-stop solutions to meet the diverse needs of downstream customers. The company's products are widely used in celebrations, sports competitions, conferences, exhibitions, monitoring, TV broadcasting, live stages, commercial advertising, information release, creative displays, Smart City, and virtual production, offering reliable, convenient, and personalized display control solutions and establishing a good brand reputation. 4. World-wide Service network The company has established a comprehensive customer service system, with subsidiaries and offices throughout China, serving the entire country. In 2016 and 2018, subsidiaries based in the United States and the Netherlands intend to provide seamless service to the North American and European markets. The customer service team provides comprehensive support services covering pre-sales technical consultation, on-time delivery, installation and debugging, and after-sales service, capable of rapidly responding to customer needs. For strategic customers, the company integrates resources such as R&D technical managers, product managers, pre-sales technical support staff, after-sales customer service personnel, and quality teams to form special service groups, offering premium services to strategic customers. The customer service team includes personnel with enriched industry experience capable of providing high-quality services to global customers. 5. Management Team Zhou Jinzhi, founder and chairman of Colorlight Cloud Technology Co., Ltd., graduated from Tsinghua University in 2002 with a master’s in Engineering in Communication and Information Systems. During his postgraduate studies, Mr. Zhou primarily engaged in mobile communication research, participating in the National High-tech R&D Program of China (863 program)’s key projects, WCDMA and TD-SCDMA. After graduation, he worked at Huawei Technologies, STMicroelectronics, and the France Telecom Beijing R&D Center before establishing Colorlight Cloud Technology Co., Ltd. Currently; he focuses on the design and development of image and video display, acquisition, and recognition, as well as digital audio signal processing. He has over 20 years of technical R&D experience in LED display control, visual signal processing, communication system design, artificial intelligence, machine vision, and image algorithms. The rest of the core members are all Tsinghua University and Peking University graduates, giving our company confidence in maintaining its technological advantage. 6. Talent Development The company innovates its human resource strategies to attract and retain talent. Colorlight stands out with its unique talent development strategy, offering an ideal work environment where employees can not only apply their current skills but also continue to grow and explore new areas. The talent development strategy includes direct guidance from team leaders, a rotation program, regular training, hands-on opportunities, fireside chats with senior management, a minimum performance assessment in the initial employment phase, and global exposure. 7. Equity Incentive Mechanism Colorlight believes that equity incentive mechanisms are crucial for promoting employee enthusiasm and loyalty and the company’s long-term development. After going public, the warrant becomes an essential part of the compensation package, which also better positions the company to attract top talent.