UNITY GP HLDGS (01539) successfully secured a significant energy-saving project with STRIDES in Singapore, with a total value of approximately 4.5 million Singapore dollars.
Zhi Xing Group Holdings (01539) issued an announcement that on January 9, 2026, its wholly-owned subsidiary Unity ESG (Singapore) PTE. Ltd signed a contract with STRIDES Engineering Pte. Ltd, a state-owned enterprise under the Singapore Mass Rapid Transit (SMRT) group.
UNITY GP HLDGS (01539) announced that on January 9, 2026, its wholly-owned subsidiary, Unity ESG (Singapore) PTE. Ltd, signed a contract with STRIDES Engineering Pte. Ltd (STRIDES), a state-owned enterprise under the Singapore Mass Rapid Transit (SMRT) Group. The project involves the deployment of nearly 60,000 energy-efficient and environmentally friendly ESG lighting devices at the Singapore Mass Rapid Transit Circle Line facilities operated by SMRT, including but not limited to public lighting infrastructure, stations, buildings, track sections, and tunnels. Once fully implemented, the project is expected to save approximately 12.7 million kilowatt-hours of energy annually and reduce over 5,100 tons of carbon dioxide (CO) emissions per year.
The Circle Line in Singapore connects suburban and central business district areas, promoting the development of emerging commercial hubs and residential districts. SMRT is the main public transport operator in Singapore, currently operating four major metro rail lines, including the Circle Line.
This project represents the first phase of SMRT's implementation of an Environmental, Social, and Governance (ESG) lighting system and aligns with Singapore's national sustainable development policy objectives.
The project is expected to bring significant environmental and financial benefits over the next decade, including:
- Cumulative energy savings exceeding 127 million kilowatt-hours
- Reduction of over 51,000 tons of carbon dioxide emissions
- Environmental benefits equivalent to planting approximately 1.27 million trees
- Based on current electricity prices in Singapore (first quarter of 2026), total electricity cost savings of approximately 39.96 million Singapore dollars (approximately 2.42 billion Hong Kong dollars)
The project is valued at approximately 4.5 million Singapore dollars (equivalent to about 27.1 million Hong Kong dollars) and is expected to generate verified energy and carbon reduction benefits or qualify for carbon credits, bringing additional financial and environmental value to the group.
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