LIVZON GROUP(SZ:000513) Xin Lang Cai Jing·2025-05-21 11:38Core Viewpoint - The Shenzhen Stock Exchange (SZSE) is advancing sustainable disclosure practices to enhance corporate transformation and align with national strategies, particularly in achieving carbon neutrality and fostering new productive forces [1][2]. Group 1: Sustainable Disclosure Framework - The SZSE has developed a comprehensive sustainable information disclosure framework over nearly 20 years, with significant milestones including the release of guidelines for sustainable development reports [1][2]. - As of April 2024, 1,164 companies in the SZSE have published relevant reports, representing 40.07% of listed companies, an increase of 4.4 percentage points from the previous year [2]. - The SZSE has attracted nearly 400 companies in green and low-carbon sectors, with a total market capitalization exceeding 6 trillion yuan, accounting for 20% of the total market capitalization of listed companies [2]. Group 2: ESG Integration in Investment - The integration of ESG factors into investment processes is becoming increasingly important, with significant participation from international investors in the Chinese market [3][4]. - Allianz Investment has exercised voting rights on 9,000 proposals, with 50% of these related to the Chinese market, indicating a growing focus on ESG considerations [3]. - Roadshow Management emphasizes the necessity of ESG integration across various investment strategies to ensure sustainable growth, particularly for long-term capital sources [3][4]. Group 3: Corporate ESG Practices - Lijuz Group has achieved MSCI ESG AAA rating for two consecutive years, reflecting its commitment to integrating ESG principles into its core strategy [4][5]. - The company has established a comprehensive management system linking ESG responsibilities to business performance, ensuring that all management levels are accountable for ESG outcomes [5].