Core Insights - Itron, Inc. has entered a joint marketing agreement with Current Lighting Solutions to enhance smart streetlighting systems through the integration of Itron's CityEdge portfolio and Current's LED luminaires [1][4][8] Group 1: Joint Marketing Agreement - The collaboration aims to transform the deployment and operation of streetlighting systems, providing benefits beyond mere illumination [1] - Itron's CityEdge portfolio combines intelligent control technologies with Current's high-efficiency LED products, including the Evolve Roadway line [1][5] Group 2: CityEdge Portfolio - Launched in October 2024, CityEdge is an open platform that integrates IoT technologies to tackle urban challenges in areas such as smart lighting, traffic management, and sustainability [2] - The platform allows cities to manage streetlight infrastructure with precise control, enabling features like dimming, remote monitoring, and integration with various sensors [4][8] Group 3: Benefits of LED Technology - LED lighting technology offers higher lumens per watt, longer lifespan, and reduced maintenance needs, but also introduces challenges like over-illumination and light pollution [3] - Itron's intelligent controls help manage these challenges by allowing dynamic adjustments to brightness based on actual needs [3][4] Group 4: Market Demand and Growth Drivers - Itron is experiencing robust demand for its grid edge intelligence platform, driven by factors such as data center demand, reindustrialization, and electrification trends [7][8] - The company has shipped over 15.3 million distributed intelligence-capable endpoints, highlighting the critical role of its technology in building flexible infrastructure [8] Group 5: Financial Outlook - Itron has revised its 2025 revenue projections to $2.35-$2.4 billion, down from a previous estimate of $2.4-$2.5 billion, reflecting near-term demand challenges [11] - The company anticipates third-quarter revenues between $570 million and $585 million, indicating a 6% year-over-year decline [11]

Group 1 - The company ST MingJiaHui (300506) announced that its wholly-owned subsidiary, LiuAn MingJiaHui Optoelectronic Technology Co., Ltd., signed a procurement contract for LED lighting with Anhui JinShengDa Bio-Electronic Technology Co., Ltd. [1] - The contract is for plant supplementary lighting with a total value of 150 million RMB, which is approximately 21.5 million USD [1]. - The contract is expected to be completed by November 30, 2025, and the contract amount represents 128.21% of the company's audited main business revenue for the year 2024 [1]. Group 2 - The successful implementation of this contract is anticipated to have a positive impact on the company's operating performance, enhancing its sustainable profitability and core competitiveness [1].