Core Viewpoint - The article emphasizes the significant opportunities for the circular economy in China, driven by the government's "14th Five-Year Plan" and "15th Five-Year Plan," which focus on green and low-carbon development, ensuring carbon peak targets, and reducing pollution emissions [1][3]. Group 1: Circular Economy Background and Opportunities - The global economy is still trapped in a linear model of "extract-manufacture-dispose," with only 8.6% of economic activities achieving circularity, leading to increased resource consumption and environmental pressure [3]. - China is determined to transition its economic system towards a circular model, with policies promoting large-scale equipment updates and resource recycling, indicating a shift from extensive growth to quality and sustainable development [3]. - The implementation of favorable policies is creating a broad market for companies that can provide recycling and remanufacturing services, as the procurement and disposal methods are shifting towards "circular reuse" [4]. Group 2: DaaS Model and ESG Importance - The Device as a Service (DaaS) model is gaining traction, with current penetration in China below 5%, compared to over 50% in Europe and the U.S., indicating substantial growth potential [4]. - The DaaS model promotes resource maximization and efficient reuse, aligning with the essence of the circular economy, as companies shift from hardware ownership to subscription services [4]. - ESG (Environmental, Social, and Governance) factors are becoming crucial for companies, as environmental performance impacts financing costs and brand reputation, with firms providing quantifiable environmental benefits transitioning to strategic partners for clients [5]. Group 3: Lingxiong Technology's Value Reassessment - Lingxiong Technology, as a pioneer in the DaaS model and circular economy, is positioned for value reassessment due to its comprehensive service capabilities and standardized operations [8][10]. - The DaaS market in China is expected to grow significantly, with a compound annual growth rate exceeding 30%, potentially reaching over 100 billion yuan by 2025, benefiting companies like Lingxiong Technology [9]. - Lingxiong Technology's business model integrates ESG and circular economy principles, contributing to significant carbon reductions and extending the lifespan of refurbished equipment, making it attractive to long-term capital [10]. Group 4: Infrastructure and Market Recognition - Lingxiong Technology is building foundational capabilities for the circular economy, with a nationwide service network and standardized processes that enhance resource efficiency [11]. - The company is positioned as a critical node in the circular economy, with its full-cycle service capabilities reinforcing its strategic importance and driving market recognition of its long-term value [11]. - The value reassessment of Lingxiong Technology is rooted in the growth of the DaaS industry, the mainstreaming of ESG investments, and the establishment of circular economy infrastructure, positioning it for significant growth [11].
从"设备租赁"到"循环经济基础设施"，凌雄科技的价值重构之路