Xin Lang Cai Jing·2025-07-21 02:44Core Viewpoint - The article discusses the recent regulatory actions and compliance issues related to the sale of non-compliant lithium battery products on e-commerce platforms in China, particularly focusing on the implications for companies like JD.com and Pinduoduo in terms of their ESG ratings and responsibilities [1][2][3]. Group 1: Regulatory Actions - Starting from June 28, 2023, the Civil Aviation Administration of China has prohibited passengers from carrying power banks without a 3C mark, unclear 3C marks, or recalled models on domestic flights due to safety concerns related to lithium batteries [1]. - The State Administration for Market Regulation announced that from August 1, 2023, lithium-ion batteries and power banks will be subject to CCC certification management, with a complete ban on uncertified products from August 1, 2024 [2]. - E-commerce platforms like Taobao, Tmall, and Pinduoduo have strengthened their regulatory measures by blocking searches for "3C stickers" and similar terms to prevent the sale of non-compliant products [2][10]. Group 2: ESG Ratings and Company Performance - JD.com received an A+ rating from MSCI for its ESG performance, ranking third among 16 peers in the professional retail sector, with a social responsibility score of 7.6, the highest in its industry [3][5]. - Pinduoduo, on the other hand, received a CCC rating from MSCI, indicating a need for significant improvement in its social responsibility efforts, with a score of only 2.7 [3][7]. - The actions taken by e-commerce platforms align with the Electronic Commerce Law of the People's Republic of China, which mandates that products sold must meet safety and environmental protection requirements [3][10]. Group 3: Market Implications - The enforcement of these regulations and the subsequent actions by e-commerce platforms may reduce the risk of legal actions and fines related to the sale of non-compliant products, thereby protecting consumer safety [10]. - The ongoing issues with the availability of non-compliant products highlight the need for further refinement in regulatory measures to close existing loopholes [10].