Business Daily Media

The Times


.

Chinese Tycoon Ren Li Honored As Responsible Business Leader At Asia Corporate Excellence & Sustainability (ACES) Awards 2024

Letright Corporation Founder recognized for his commitment to sustainable practices, ethical integrity, and impactful leadership.

BANGKOK, THAILAND - Media OutReach Newswire - 5 December 2024 - Ren Li, the visionary founder of Letright Corporation, was awarded the Responsible Business Leader title at the prestigious ACES Awards 2024.

His recognition highlights his pioneering efforts in integrating sustainability into business operations and his unwavering commitment to ethical governance and community welfare.

Ren Li, Founder of Letright Corporation (centre), was honoured as the Responsible Business Leader at the prestigious ACES Awards 2024 held recently in Bangkok, Thailand. The award was presented on stage by Dr. Shanggari Balakrishnan, President of the ACES Awards (left), and Hemant Batra, Honorary Chairman of the ACES Council (right)
Ren Li, Founder of Letright Corporation (centre), was honoured as the Responsible Business Leader at the prestigious ACES Awards 2024 held recently in Bangkok, Thailand. The award was presented on stage by Dr. Shanggari Balakrishnan, President of the ACES Awards (left), and Hemant Batra, Honorary Chairman of the ACES Council (right)

The award ceremony, held on November 14, celebrated leaders who exemplify sustainable practices and ethical integrity. Ren Li's journey began in 1999 when he founded Letright Corporation, tapping into China's burgeoning furniture market. His commitment to sustainability was evident as early as 2001 when he ceased the production of wooden patio umbrellas, driven by a sense of responsibility and love for the planet, rather than external pressures. Letright embraced these values even before the Paris Agreement in 2015.

Under Ren Li's leadership, Letright has consistently pushed the boundaries of innovation. In 2001, Letright revolutionized the industry by mass-producing solar lights, laying a strong foundation in photovoltaic technology. By 2007, the introduction of Polywood, a wood-effect material, further reduced wood usage, balancing sustainability with business success. In 2016, Letright adopted eco-friendly technology to create wood-effect finishes on non-wood outdoor furniture, satisfying consumer demand while expanding market share.

In his acceptance speech, Ren Li expressed gratitude to his team at Letright Industrial Corp., Ltd., and his family, especially his daughter, for their unwavering support. He also acknowledged the ACES platform for fostering a community of leaders dedicated to sustainable development.

Ren Li highlighted Letright's innovations, such as the Solaryard Smart Pergola launched in 2023, which is pivotal in enriching outdoor living while contributing substantially to sustainable development. This groundbreaking product addresses outdoor challenges and transforms spaces into vibrant, energy-efficient environments. He noted that the market for smart pergolas is projected to exceed 100 million units over the next decade, potentially generating 200 billion kilowatt-hours of electricity and significantly reducing global carbon emissions.

He concluded by reaffirming his belief that businesses have a responsibility to drive economic progress while protecting the planet and communities. He urged entrepreneurs to embrace sustainability as a necessity for creating a future where people and nature thrive together. "Thank you all for your support and belief that business can and should be a force for good. Let us continue to lead with purpose, inspire others, and create brighter, sustainable solutions for the challenges that lie ahead. Together, we can reshape the future of global business and the environment," Ren Li stated.
Hashtag: #LetrightCorporation #ACESAwards2024 #ResponsibleBusinessLeader #Sustainability


The issuer is solely responsible for the content of this announcement.

About Letright Corporation

Founded in 1999 by Ren Li, Letright is a fully integrated outdoor furniture company offering comprehensive solutions in design, R&D, manufacturing, and sales. The company holds over 1,000 product patents and has received numerous international design awards, including IF and Red Dot. With a presence in over 70 countries, Letright has established strategic partnerships with major retailers worldwide, known for its exceptional product design and market insights.

Committed to becoming a global leader in outdoor living through innovation and sustainability, Letright has embraced eco-friendly materials and technologies, moving away from solid wood to sustainable alternatives. In 2023, Letright launched the Solaryard Smart Pergola, a revolutionary product enabling year-round outdoor enjoyment with negative carbon emissions. This dedication to excellence and environmental stewardship is encapsulated in its mission: "Better outdoor living, happier human beings."

News from Asia

Huagui Group: A Global Player Across Two RMB100-Billion Aquatic Markets, as Honghu Lotus Root Ranks No. 1 in Antioxidant Content

HONGHU, CHINA – Media OutReach Newswire – 25 September 2026 – Honghu lotus root ranks first in antioxidant content among major lotus-root-producing regions, according to industrial report by China...

GrabSteel Enters into Committed Equity Facility of up to US$100 Million with White Lion Capital

Johor steel distributor, built to US$28 million without outside equity, arranges its first committed source of outside capital, available following a U.S. listing, to develop Matcon, a construction...

Angel Health Wan Chai Clinic Commences Operations, Providing General Practice, Health Check and Vaccination Services

HONG KONG SAR – Media OutReach Newswire – 25 September 2026 – Angel Health has commenced operations at the Wan Chai clinic, marking a further expansion of the medical service network...

Correcting and Replacing: Global Schools Group Marks 25th Anniversary with S$100,000 Multi-Organisation Community Support

The Group outlined ambitious global expansion with 20 new campuses by 2030 and next-generation student initiativesSINGAPORE – Media OutReach Newswire – 25 September 2026 – Global Schools Group (GS...

From Holiday Getaways to Meaningful Journeys: How Le Méridien Phuket Mai Khao Beach Resort Is Reshaping the Festive Season

PHUKET, THAILAND – Media OutReach Newswire – 25 September 2026 – As travellers increasingly seek meaningful ways to celebrate the festive season, Le Méridien Phuket Mai Khao Beach Resort is unvei...

MIHAS Reaffirms Malaysia’s Pivotal Role in the Growing Global Halal Economy

Flagship Halal Showcase Connects Exporters Across 58 Countries, Unifying Global Sourcing, Sector MoUs, and Industry Knowledge HubsKUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 25 September 20...

Amari Koh Samui and OZO Chaweng Samui invite active travellers to fill their trip with more of the experiences they love

BANGKOK, THAILAND – Media OutReach Newswire – 25 September 2026 – A race or sporting event may be the reason to pack a bag and set off, but the enjoyment of a trip need not end at the finish line...

Green SM Begins Pilot Operations In The Netherlands, Further Expanding Its Presence In Europe

AMSTERDAM, NETHERLANDS – Media OutReach Newswire – 26 September 2026 – On September 25, Green SM held a technical opening event in the Netherlands, marking the beginning of its high-quality pure-...

MIHAS Awards 2026 Celebrates Excellence and Sets New Benchmark for Innovation, Sustainability and Digitalisation Across the Global Halal Ecosystem

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 26 September 2026 - The MIHAS Awards 2026, one of the key highlights of the Malaysia International Halal Showcase (MIHAS) 2026, concluded today a...

QUORRA X5 Makes Its Global Debut at REHACARE International 2026 in Germany

DÜSSELDORF, GERMANY – Media OutReach Newswire – 26 September 2026 – QUORRA X5, a micro-mobility robot, has made its global debut at REHACARE International 2026 – International Trade Fair for Rehab...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...