Core Viewpoint - IMCD N.V. has received improved ESG ratings from ISS ESG and Sustainalytics, reflecting its ongoing progress in environmental, social, and governance areas [1][3][4]. Group 1: ESG Ratings Improvement - IMCD's ISS ESG rating has been upgraded to B- from C+, positioning the company above the industry average [3]. - Sustainalytics has lowered IMCD's ESG Risk Rating from 12.6 to 11.6, maintaining its status in the "low risk" category [4]. Group 2: Recognition and Achievements - Earlier in 2025, IMCD received the EcoVadis Platinum medal, placing it in the top 1% of organizations assessed worldwide for sustainability performance [2]. - The upgrades in ratings are attributed to strong management of ESG-related risks, transparency in disclosures, and responsible business practices [3][4]. Group 3: Company Overview - IMCD, based in Rotterdam, is a leading global partner for the distribution and formulation of specialty chemicals and ingredients, focusing on sustainable value in the supply chain [6]. - In 2024, IMCD reported revenues of EUR 4,728 million and has over 5,100 employees [7].

Core Insights - The article highlights the importance of ESG governance frameworks for companies to drive sustainable development, with Hanshuo Technology achieving an A rating in the latest ESG assessment by Wind [1] - Hanshuo Technology integrates sustainable development into its corporate strategy and operations, being a member of the UN Global Compact and receiving recognition for its ESG practices [1][5] Group 1: ESG Rating and Recognition - Hanshuo Technology released its first ESG report post-IPO, achieving an A rating and receiving EcoVadis Gold certification, ranking in the top 5% globally among participating companies [1] - The company has established a sustainable development strategy framework called EPIIC, focusing on environmental friendliness, shared development, digital innovation, integrity governance, and climate neutrality [5] Group 2: Technological Innovation and Solutions - The company leverages IoT wireless communication technology to drive digital transformation in the retail sector, offering solutions like electronic price tags and SaaS cloud platform services [3] - Hanshuo Technology's digital solutions can reduce carbon emissions by up to 99.25% through the use of its SaaS platform, while also lowering labor costs [3] Group 3: Collaborative Ecosystem and Industry Leadership - The company collaborates with industry leaders like Microsoft and Intel to publish white papers and develop new solutions, enhancing the digital retail ecosystem [4] - Hanshuo Technology provides diverse digital store solutions to partners such as JD MALL and Sephora, focusing on improving operational efficiency and customer experience [4] Group 4: Environmental Commitment - The company aims to integrate green principles throughout the product lifecycle, reducing resource consumption and environmental pollution [6][7] - Hanshuo Technology's projects can reduce CO2 emissions by approximately 1,994 tons annually, showcasing its commitment to sustainable industrial development [7]

Core Viewpoint - Zanyu Technology has successfully upgraded its WindESG rating from BB to A, reflecting significant progress in environmental, social, and governance (ESG) aspects, and ranking 20th among 173 peers in the industry [1] Group 1: ESG Rating and Performance - The upgrade in ESG rating indicates Zanyu Technology's strong commitment to sustainable development and effective ESG management [1] - The company scored above the industry average in all three ESG dimensions: Environmental (E), Social (S), and Governance (G) [1] Group 2: Environmental Initiatives - Zanyu Technology integrates green development principles throughout its operations, utilizing advanced production processes and environmental technologies [2] - The company has implemented several clean production projects, such as utilizing waste heat from stearic acid distillation and upgrading organic waste gas treatment systems, effectively reducing pollution and energy costs [2] - Zanyu Technology has achieved multiple certifications, including quality, environmental, occupational health and safety, and EU cosmetic GMP certification, showcasing its excellence in green manufacturing [2] Group 3: Social Responsibility - The company emphasizes employee care by providing a good working environment, comprehensive benefits, and career development opportunities [3] - Zanyu Technology actively engages in community service and social responsibility initiatives, including poverty alleviation efforts [3] - The company maintains a rigorous supplier selection process to ensure sustainability across its supply chain [3] Group 4: Governance Structure - Zanyu Technology continuously improves its governance framework, focusing on investor relations and shareholder rights protection [3] - The company strengthens its internal control and risk management systems to support sustainable development [3] Group 5: Future Outlook - Zanyu Technology aims to deepen its ESG practices and enhance its sustainable development capabilities, leveraging its R&D strength and optimized ESG management system for broader market opportunities [4]

近日，万得（Wind）公布2024年环境、社会及治理（ESG）评级结果，韵达股份(002120)ESG评级从 2023年的BBB级、2024年的A级跃升至AA级，实现大幅提升，在5000多家A股上市公司中处于领先水 平。此次评级中，韵达股份环境（E）、社会（S）、公司治理（G）三大维度得分均超行业平均水平。 根据《Wind ESG评级方法论》，获得AA评级的公司定义为"企业管理水平高，ESG风险低，可持续发 展能力强"。公开数据显示，国内A股上市公司达到AA级及以上评级的仅占2.9%，此次获评彰显了韵达 股份在ESG领域的卓越管理能力和可持续发展综合实力。 在公益慈善方面，韵达通过捐赠资金、物资和人力的方式，努力改善教育、医疗、环保等领域的现状。 自2017年上海韵达公益基金会成立以来，韵达通过"韵∙苗"助学项目，为1800余名困难学子提供了经济 资助。2024年，韵达社会公益捐赠总投入924.16万元，组织开展志愿服务2次，员工志愿服务100余人。 治理层面，韵达股份严格遵循三会一层协调运转的公司治理结构，职责明确，运作规范。面向投资者， 公司高度重视信息披露、股东权益保护以及投资者关系管理等工作。2024 ...

21世纪经济报道记者卢陶然 李德尚玉 北京报道 2025年是我国"十四五"规划收官与"十五五"规划谋篇之年，也是我国"双碳"目标提出的五周年。加快全 面绿色转型、坚定"双碳"目标已成为绿色发展方向，"协同推进降碳减污扩绿增长，加快经济社会发展 全面绿色转型"被写入今年政府工作报告。 在全国生态日即将到来之际，8月16日，由南方财经全媒体集团指导、21世纪经济报道主办的第三届21 世纪"活力·ESG"创新论坛将在上海隆重举办！ 本届论坛以"智启新程，共筑未来"为主题，来自监管、头部企业、跨国公司、高校等重磅嘉宾将齐聚一 堂，共议绿色转型与高质量发展。 百份案例里的绿色转型密码 与此同时，南方财经全媒体集团、21世纪经济报道联合牵头发起21世纪"活力·ESG"创新案例征集，并 将部分优秀案例编入《21世纪"活力·ESG"实践报告（2025）》（以下简称《实践报告》）。 本次论坛将ESG理念深度植入执行细节：我们倡导与会嘉宾采用绿色出行方式，优先选择地铁等公共交 通，主办方将提供乘车指引；我们鼓励参会嘉宾自带水杯、餐具，会场设置了茶歇饮水点；我们设计 了"绿色回收点"小巧思，对塑料杯进行统一分类处理及再生利用；会场 ...

Core Viewpoint - The article highlights the recognition of Haibo Shichuang as a "Five-Star Outstanding" enterprise in the ESG rating by the China Supplier ESG Rating Platform, showcasing the company's commitment to sustainable development practices [1][3]. Group 1: Environmental Dimension - Haibo Shichuang actively addresses climate change through carbon management, energy management, and environmental management, promoting a green transformation in its operations [3]. - Several factories under the company have been listed as "Green Factories" by the Ministry of Industry and Information Technology, setting a benchmark for green manufacturing in the industry [3]. Group 2: Social Responsibility - The company emphasizes human rights and cultural inclusivity, striving to create a harmonious and inclusive corporate culture [3]. - Annually, Haibo Shichuang invests millions in public welfare initiatives, actively participating in social responsibility efforts [3]. Group 3: Corporate Governance - The ESG committee operates efficiently, ensuring that ESG strategic goals are implemented across all departments, demonstrating the company's commitment to sustainable development [3]. - The China Supplier ESG Rating Platform evaluates companies based on six key areas, including environment, labor and human rights, sustainable procurement, society, fair operation, and corporate governance, assessing management effectiveness through various dimensions [3]. Group 4: Strategic Value of ESG - As a leader in the energy storage industry, Haibo Shichuang recognizes the strategic value of ESG principles in enhancing core functions, competitiveness, and promoting high-quality development [4]. - The company focuses on innovation in energy storage technology and applications, aiming to provide efficient, low-carbon, and reliable energy storage solutions [4]. - Haibo Shichuang collaborates with industry partners to build a sustainable industrial ecosystem, integrating ESG principles into strategic planning and operational processes [4].

Core Insights - The article emphasizes the commitment of the Bank of China Zhejiang Branch to implement the "Green Mountains and Clear Water are Gold and Silver Mountains" philosophy, marking its 20th anniversary in 2025 [1][3] - The bank is actively supporting ecological transformation through targeted credit support, innovative product services, and technological empowerment [1][2] Group 1: Focus on Energy Transition - The Bank of China Zhejiang Branch is increasing credit investment in the energy sector to build a diverse clean supply system, approving significant projects like the 2.4 billion yuan credit for the Meixi Natural Gas Power Generation Project [1] - The bank has also provided 374 million yuan in credit for the first demonstration project of the "Snow Carbon Action" in Zhejiang, contributing to a clean, low-carbon, and efficient energy system [1] Group 2: Focus on Industrial Upgrade - The bank is innovating product services to promote the dual carbon goals, including the first "New and Transformation" loan in the province, linking loan rates to carbon reduction targets [2] - It has launched specialized products like "Green Transformation Upgrade Loan" and "VOCs Emission Reduction Loan" to support local enterprises in achieving energy efficiency and environmental benefits [2] Group 3: Focus on Technological Empowerment - The bank is pioneering the digitalization of ESG evaluations to enhance green finance, leading to the first ESG-linked syndicated loan in the domestic market for a lithium-ion battery project [2] - This initiative aims to inject "smart momentum" into green transformation and accumulate valuable experience in sustainable financial product innovation [2]

Group 1 - In July 2025, 12 new active ESG funds were launched in China, accumulating a total issuance of 2.383 billion yuan, with no new passive ESG funds issued [1] - As of July 31, 2025, among 771 active funds that have been in existence for over a month, 713 funds achieved positive returns in the last month, and 530 funds outperformed their benchmark indices [1] Group 2 - As of July 30, 2025, there were 3,355 active funds in overseas markets with a total scale of 18,767.1 billion USD, yielding an average return of 2.22% in July [3] - There were 1,303 passive funds in overseas markets with a total scale of 9,985.56 billion USD, which outperformed active funds in July, particularly passive ESG-themed funds [3] - The introduction of an ESG negative screening mechanism in the Shenzhen Stock Exchange's index compilation reflects a proactive approach to integrating ESG principles into mainstream capital market tools, enhancing index quality and sustainability characteristics [3]

Core Viewpoint - Chery's employee Li Moukai gained widespread attention for challenging the company's weekend meeting policy, which was recently established by Chairman Yin Tongyue, highlighting the generational conflict and the push for better work-life balance within the company [2][4][19] Group 1: Employee Actions and Company Culture - Li Moukai's email to leadership expressing dissatisfaction with weekend meetings led to the cancellation of the meeting, demonstrating the power of employee voice in corporate culture [2][4] - The company has faced criticism for its "996" work culture, where employees often work excessive hours without adequate compensation, leading to high turnover rates among new graduates [5][12] - Chery's management has previously emphasized the need to reduce unnecessary meetings and improve efficiency, but employees remain skeptical about the sincerity of these efforts [4][7] Group 2: Company Performance and Market Position - In 2024, Chery achieved a record sales volume of 2.6039 million vehicles, a 38.4% increase year-on-year, with significant growth in the electric vehicle segment [8][9] - Chery's export volume reached 1.1446 million vehicles, marking a 21.4% increase and maintaining its position as the top Chinese brand in exports [9][11] - The company reported a revenue exceeding 480 billion yuan, with a projected net profit surpassing 15 billion yuan, indicating strong financial health [8][9] Group 3: Challenges and Strategic Direction - Chery's reliance on a high-pressure work culture is seen as a response to intense industry competition, but it raises concerns about employee well-being and retention [12][18] - The company aims for a 50% increase in sales for its new energy vehicles in 2024, but its current market penetration remains low compared to competitors [12][15] - Chery's strategy of hiring top talent and focusing on elite projects has faced challenges, leading to inefficiencies in converting research and development investments into tangible assets [15][18] Group 4: Future Outlook - The company is navigating the complexities of balancing growth with humane management practices, as it seeks to align efficiency goals with employee satisfaction [8][18] - Chery's future success will depend on its ability to innovate while managing the pressures of global competition and regulatory compliance [16][18]

Summary of Aoshikan's Conference Call Company Overview - **Company**: Aoshikan - **Industry**: PCB (Printed Circuit Board) manufacturing Key Financial Metrics - **Q2 Revenue**: 1.4 billion CNY, up 19.65% YoY [2][3] - **Net Profit**: 83 million CNY, down 25.45% YoY [2][3] - **Gross Margin**: 20.91%, down 2.32% YoY [2][3] - **H1 Revenue**: 2.565 billion CNY, up 19.73% YoY [3] - **H1 Net Profit**: 196 million CNY, down 11.96% YoY [3] Core Insights and Arguments - **Profit Decline Reasons**: - Initial operational costs of the Thailand factory and high-end HDI board yield ramp-up [2][4] - Increased labor costs due to hiring high-end R&D and technical talent [4] - **Strategic Focus**: - Targeting overseas major clients like AMD and Intel, and domestic clients like Huawei and ZTE [2][5] - Enhancing production capabilities for HDI products and mSAP technology [2][5] - **Future Revenue Goals**: - Aim to achieve 10 billion CNY in revenue within three years [2][8] - Expansion of production capacity in Zhaoqing and Yiyang [5][8] Production and Capacity Expansion - **Production Capacity**: - Yiyang base: 350,000 square meters/month - Zhaoqing base: 500,000 square meters/month - Thailand factory: 120,000 square meters/month (design capacity) [5] - **Investment Plans**: - 1.8 billion CNY investment in Zhaoqing expansion, targeting high-layer and HDI products [5][16] - Anticipated investment in Yiyang not less than 1 billion CNY [19] Market Demand and Challenges - **AI Market Demand**: - Increased requirements for high-end PCBs driven by AI applications [6][7] - Ongoing expansion of high-end production capabilities to meet demand [6][7] - **Thailand Factory Challenges**: - Losses of approximately 60 million CNY in H1 2025, but losses are narrowing [12][14] - Expected to reach breakeven by November or December 2025 [12][14] Automotive Electronics Sector - **Growth Potential**: - Automotive electronics account for over one-third of revenue, with significant growth expected [13] - Expansion into electric and intelligent vehicles, with increasing PCB usage per vehicle [13] ESG Initiatives - **Sustainability Focus**: - Commitment to green manufacturing and increasing renewable energy usage [29] - Employee rights and fair working conditions emphasized, with local employment exceeding legal requirements [29] Conclusion - **Strategic Positioning**: - Aoshikan is well-positioned to capitalize on the growing demand for high-end PCBs, particularly in AI and automotive sectors, while navigating challenges in new market expansions and production ramp-ups [2][5][13][29]