绿城管理（9979.HK）：荣获“ESG公司治理卓越企业”，代建龙头的可持续基因解码

Core Viewpoint - A valuation reconstruction centered on "new quality" is reshaping market perceptions, with Green Town Management recognized for its ESG governance excellence in the construction industry [1][3]. Group 1: Industry Trends - The ESG governance capability has evolved from a supplementary factor to a critical survival strategy in the construction industry, driven by both policy and market forces [4]. - The government is pushing for ESG compliance with unprecedented intensity, including the 2025 government work report emphasizing the cultivation of green building growth points and the implementation of the "Enterprise ESG Performance Evaluation Guidelines" [5]. - The demand for light-asset construction models is increasing as the government prioritizes efficiency and social responsibility in housing projects, especially during the critical period of ensuring housing delivery [6][7]. Group 2: Company Performance - Green Town Management has maintained over 20% market share for nine consecutive years, driven by a systematic approach to ESG [8]. - The company has integrated green principles throughout the project lifecycle, achieving a cumulative green building area of 1.09 million square meters, representing 87.03% of its projects [9]. - In the social dimension, the company has revitalized over 1 million square meters of stalled assets through the delivery of key projects [11]. - The company has delivered 63.9 million square meters of government-constructed housing, improving living conditions for approximately 428,000 residents [14]. Group 3: Governance and Innovation - Green Town Management has developed an intelligent construction operation system, "Green Town M," which optimizes project management through data assets, achieving a customer satisfaction rate of 96% for its B-end services [16]. - The company has also focused on C-end services, enhancing customer satisfaction to 91% through extensive market research and data-driven insights [18]. - The company's governance achievements have been recognized with over 30 industry awards, including the "2024 China Real Estate Construction Leading Enterprise" [18]. Group 4: Conclusion - The intersection of light-asset models and the ESG wave represents an inevitable paradigm shift in the industry, with construction companies leveraging their unique asset structures to enhance ESG capabilities [19]. - Green Town Management exemplifies that excellent governance is not a cost but a passport to new growth paradigms [20].