On December 13, the Shenzhen Market Supervision Administration announced the list of experts included in the 2024 Shenzhen Standard Expert Pool. Hu Zuoxiong, the Chairman of the Board of Directors of Lingxiong Technology (02436.HK, the parent company of Lingxiong Technology), successfully made the list.

In recent years, the Shenzhen Municipal Party Committee and the municipal government have attached great importance to standardization work, actively promoting the implementation of the "Standard +" Global Strategy, benchmarking against international first-class standards to construct an advanced standard system, and fostering deep integration of Shenzhen standard construction with economic and social development in various fields, leading high-quality development with high standards.

In order to widely absorb experts from various industry fields to participate in Shenzhen standard work, the Shenzhen Market Supervision Administration has established a pool of experts consisting of highly skilled professionals with strong capabilities in standardization work according to the relevant provisions of the "Shenzhen Market Supervision Administration Management Measures for the Shenzhen Standard Expert Pool" through public solicitation, qualification review, public announcement, and re-examination procedures, fully leveraging the technical support and intellectual support provided by Shenzhen standard experts to meet the needs of various standardization activities in Shenzhen.

Hu Zuoxiong's selection in the Shenzhen Standard Expert Pool is not only a recognition of his positive contributions to the industry standardization construction but also a high acknowledgment of Lingxiong Technology’s achievements in promoting the standardization and normalization development in the DaaS (Device as a Service) industry.

As the leader of Lingxiong Technology, a leading enterprise in China's DaaS industry, Hu Zuoxiong has led the company for 20 years, adhering to the cultivation of the market through Professional Services, accumulating rich industry experience and technical standards. At the same time, through relentless efforts, he has absorbed the essence of professionalism, expertise, and industry to continuously contribute to the construction of the DaaS industry standardization system and high-quality development in China.

In March 2023, two national standards co-developed by Lingxiong Technology, "Corporate Credit Evaluation Indicators" and "Guidelines for Preparing Corporate Credit Evaluation Reports," were successively published and implemented. In December 2023, Lingxiong Technology, in conjunction with the China Center for Information Industry Development and the China Association of Small and Medium Enterprises, published the first domestic "Standardized Development Report on Corporate Office Computer Leasing," which plays an important guiding role in the standardized and healthy development of the DaaS industry. Since 2024, Lingxiong Technology has also taken the lead in formulating the national group standard "Specifications for the Recycling and Reuse of Office Computers" for the first time and actively participated in several upcoming national and industry standards to continuously enhance the level of standardization development in the DaaS industry.

Lingxiong Technology continues to strengthen the results achieved in the construction of the standardization system, laying a solid foundation for the high-quality development of the DaaS industry and further promoting high-quality growth in China's DaaS industry. Multiple institutions indicate that in the coming years, the scale of China’s DaaS market will continue to maintain a compound annual growth rate of over 32% and is expected to exceed 100 billion yuan by 2025.

"In the future, as a member of the Shenzhen Standard Expert Database, I will lead Lingxiong Technology to continue adhering to value inheritance, bravely take on the responsibilities of a leading enterprise, promote the establishment and improvement of more industry standards, and continuously advance the standardization and regulation of the DaaS industry. This will also help Shenzhen build an international standard hub, thereby contributing more to the high-quality development of China's economy and society," said Hu Zuoxiong.