据新浪财经ESG评级中心，2025年08月26日，新东方－Ｓ（09901.HK）MSCI（明晟）ESG评级由BB调 升至BBB。 来源：ESG评级中心 点击查看更多企业ESG评级。 ...

来源：ESG评级中心 据新浪财经ESG评级中心，2025年08月26日，CYBR（CYBR.US）MSCI（明晟）ESG评级由AA调升至 AAA。 点击查看更多企业ESG评级。 ...

据新浪财经ESG评级中心，2025年08月26日，IBRX（IBRX.US）MSCI（明晟）ESG评级由BBB调降至 B。 点击查看更多企业ESG评级。 来源：ESG评级中心 ...

8月25日晚间，江苏今世缘（603369）酒业股份有限公司发布2025年半年度报告。在白酒行业"总量收 缩、分化加剧"的深度调整期，公司通过市场深耕、运营升级、扩产扩能等精准施策，实现业务稳健发 展。报告显示，上半年公司实现营业收入69.50亿元、净利润约22.29亿元，在行业承压背景下交出兼 具"韧性"与"潜力"的答卷。 上半年，今世缘兼顾"当下需求"与"未来布局"，走出"量质齐升、绿色低碳"发展路径。原酒生产规模保 持稳定增长，优质酒率进一步提升；2万吨清雅酱香车间即将全面投产，原酒产能将达8万吨。今世缘将 率先应用行业领先的全流程智能化制曲技术，推动生产效率提升，又保障品质稳定性，为"科技赋能传 统酿造"提供实践参考。在贮能层面，目前陶坛库容已达到20万吨，为产品品质长期提升奠定基础。在 低碳层面，光伏发电项目全面投入运行，零碳工厂建设步伐加快。 2025年，今世缘人将保持战略定力，承压奋进，以产品品质与市场深耕穿越行业周期，稳步推进各项工 作，为"十五五"工作开篇夯实基础。扬子晚报/紫牛新闻记者谢高林 运营提升：项目管控+ESG领先，精细化支撑高质量发展 市场策略：省内精耕+省外突破，多品牌驱动双线增 ...

8月24日晚间，重庆建工(600939)披露2025年半年报。上半年，受行业深度调整、部分项目开工率不 足、建设进度滞后以及毛利率下滑等综合因素影响，公司实现营业收入143.61亿元；归母净利润-2.49亿 元；报告期内，部分业主单位回款周期延长，相关资产计提减值准备增加，公司计提各项信用减值损失 和资产减值损失合计9625.31万元，减少归母净利润约8143.59万元。 报告显示，1—6月公司共签订工程合同325份，总额达242.71亿元。其中，市内项目合同金额115.08亿 元，占比47.41%；市外及境外项目合同金额127.63亿元，占比52.59%；国有投资或国有资金占主导地位 的建安项目162个，金额170.45亿元，占比70.20%。 报告期内，公司落实项目生产全流程管理，形成闭环管控体系，确保项目高效推进。依托自主研发 的"卓越成控平台"，实现项目成本监控与风险预警。持续推进各项改革工作，压减法人企业6家，优化 资源配置，提升运行效率。推进存量资产盘活，落实"一企一策"，严控成本费用。 今年上半年，重庆建工跻身《财富》中国500强，WindESG评级升至A级；稳居重庆企业前列，政府项 目竞争优势 ...

Investment Rating - The report maintains a "Recommended" rating for the company [2][14]. Core Views - The company achieved a record high in revenue and net profit during the first half of 2025, with revenue reaching 9.246 billion yuan, a year-on-year increase of 42.14%, and net profit attributable to shareholders at 1.596 billion yuan, up 48.43% [3]. - The company's gold reserves have increased significantly, with an additional 3.85 tons of gold metal discovered, and the exploration area has expanded by 2.7% [4]. - The company is focusing on optimizing production processes and enhancing profitability, with a notable increase in gold gross margin from 71.89% to 79.15% [6]. Summary by Sections Financial Performance - In the first half of 2025, the company reported a gold production of 3.72 tons, with a sales volume of 4.12 tons, achieving a sales rate of 111% [5]. - The gross margin for gold production improved significantly, reflecting the company's effective cost control and the rising global gold prices [6]. Resource Expansion - The company has made substantial progress in resource exploration, with a total exploration area of 5,984 square kilometers, and plans to continue increasing its resource reserves through exploration and potential acquisitions [4]. - The company is advancing its projects in Namibia and China, with expected production increases in the coming years [5]. Industry Outlook - The report indicates a favorable industry outlook, with gold prices expected to rise due to supply-demand dynamics and market conditions [14]. - The company is well-positioned within the industry, maintaining a low debt ratio of 20.09%, which provides financial flexibility [13]. Future Projections - Revenue projections for the company are optimistic, with expected revenues of 17.75 billion yuan in 2025, 20.23 billion yuan in 2026, and 22.12 billion yuan in 2027 [15]. - The company anticipates a significant increase in gold production capacity, potentially exceeding 15 tons annually by 2027 [5].

Core Viewpoint - Lufax Holdings (陆金所) has received an upgrade in its ESG rating from MSCI from A to AA, highlighting its significant performance in consumer rights protection and leading positions in privacy, data security, and human capital development within the industry [1] Group 1: Consumer Protection and Business Background - Lufax was established in 2011 as a subsidiary of Ping An, initially focusing on online wealth management and later entering the P2P lending market in 2012 [2] - The company quickly became a benchmark in the online lending industry, with transaction volumes surpassing one trillion yuan, second only to Ant Financial [2][4] - In 2014, Lufax's revenue surged from 1 billion yuan to 5 billion yuan, and by 2015, it had over 10 million registered users, solidifying its position as a leader in P2P lending [4][5] Group 2: Challenges and Consumer Complaints - Following the P2P lending crackdown in 2019, Lufax underwent significant restructuring, completing the exit from P2P by mid-2021 and shifting towards compliant lending practices [6] - Despite its successful transition, Lufax still faces challenges in consumer protection, with numerous complaints reported regarding high fees and customer harassment [7][10] Group 3: Financial Performance and Reporting Issues - As of June 30, 2025, Lufax's total outstanding loans decreased to 193.4 billion yuan, a 17.8% decline from the previous year, while consumer finance loans increased by 29.8% to 54.5 billion yuan [10] - The company is currently facing difficulties in reporting its annual results, having suspended trading on the Hong Kong Stock Exchange and delaying its annual report due to the dismissal of its auditor, PwC [12][14] Group 4: Management Changes - Frequent personnel changes have occurred since 2024, including the resignation of the CFO and other key executives, indicating a significant organizational restructuring [19][21] - The management adjustments are seen as a response to internal control needs and risk management, reflecting Ping An's intent to strengthen oversight of Lufax [21][22]

Core Insights - The article highlights the significant improvement in the response rate to Wind ESG ratings, achieving 41.59% in 2025, a 15 percentage point increase from 26.59% in 2024, reinforcing Wind ESG's leading position in the market [2][3]. Group 1: Wind ESG Rating System - Wind ESG has developed a comprehensive rating system based on over 20 years of data governance experience, covering more than 12,000 companies in Greater China, and is widely recognized by regulatory bodies, investment institutions, and listed companies [3]. - The Wind ESG rating system is designed to provide transparent and authoritative ESG rating results, facilitating efficient communication between listed companies and Wind ESG through a dedicated platform [3]. - The rating model consists of two main components: management practices and controversy events, assessing ESG management levels and significant risks through over 500 specific indicators across 28 topics [9][11]. Group 2: Data and Methodology - Wind ESG's database includes comprehensive ESG data from over 12,000 companies and 10,000 public funds, sourced from more than 20,000 data sources since 2017, enabling deep integration with policy-making and investment analysis [12]. - The rating methodology incorporates international standards while addressing the unique characteristics of Chinese companies, ensuring that the results reflect industry-specific ESG opportunities and risks [11]. Group 3: Applications and Services - Wind ESG supports various applications, including ESG investment decision-making, risk management, and compliance with regulatory requirements, leveraging its advanced modeling and data management capabilities [15]. - The platform offers tools for enterprises to visualize their ESG information and compare their performance against industry leaders, enhancing their ability to showcase ESG management capabilities to investors [16]. - Wind ESG provides extensive support for ESG research, with over 500 indicators available for analysis and a comprehensive carbon emissions database to assist in climate change assessments [17].

Core Viewpoint - Beijing's Chaoyang District has introduced ESG support policies that provide financial rewards to companies achieving an A-level or equivalent in mainstream ESG ratings, aiming to enhance ESG performance and attract long-term investments [1][4]. Group 1: ESG Rating Landscape - A-rated companies are characterized by high growth, high added value, and low pollution [3]. - The number of companies achieving A-level ESG ratings has been increasing, with a notable trend towards higher ratings among listed companies in Shanghai [2][4]. - As of the end of 2024, 342 listed companies in Shanghai were included in the MSCI ESG rating, with 100 companies receiving upgrades [2]. Group 2: Challenges in Achieving A-Level Ratings - Achieving an A-level rating is challenging, as many companies rely on superficial compliance rather than substantive management improvements [4][5]. - Companies often face shortcomings in information disclosure quality, governance structure, and data governance, which hinder their ESG rating progress [5][6]. - The lack of third-party verification for ESG reports limits the credibility and effectiveness of ESG ratings [5][6]. Group 3: Recommendations for Improvement - Companies should focus on enhancing their ESG management capabilities and improving information disclosure to achieve better ratings [8][9]. - It is recommended that companies adopt a strategy centered on management improvement, using information disclosure as a tool to achieve ESG rating goals [8]. - Regulatory bodies should enhance the independence and transparency of rating agencies to improve the quality of ESG ratings and data products [9][10].

Core Viewpoint - Beijing's Chaoyang District has introduced ESG support policies that provide financial rewards to companies achieving an A-level or equivalent in mainstream ESG ratings, indicating a growing emphasis on ESG performance in investment decisions [1][4]. Group 1: ESG Rating Landscape - The number of companies achieving A-level ESG ratings has been increasing, with a notable trend towards higher ratings among listed companies in Shanghai [3][4]. - A-level companies are characterized by high growth, high added value, and low pollution, with significant representation in sectors like finance, renewable energy, and high-end manufacturing [3][4]. - Different ESG rating agencies have varying definitions and criteria for A-level ratings, leading to discrepancies in ratings across different organizations [2][6]. Group 2: Challenges in Achieving A-Level Ratings - Many companies struggle to achieve A-level ratings due to superficial compliance and inadequate management practices, highlighting the need for substantial improvements in governance and data management [4][5]. - The lack of third-party verification for ESG reports limits the credibility and effectiveness of ESG ratings, with less than 5% of A-share and Hong Kong-listed companies undergoing such verification [5][6]. - Discrepancies in ESG rating methodologies between domestic and international agencies can mislead resource allocation and hinder the accurate assessment of companies' ESG performance [6][7]. Group 3: Strategies for Improvement - Companies aiming for A-level ratings should focus on enhancing their ESG management capabilities rather than merely meeting rating criteria, emphasizing the importance of robust governance and transparent reporting [7][8]. - Rating agencies and regulatory bodies must work towards improving the consistency and comparability of ESG ratings, ensuring that methodologies are transparent and aligned with actual corporate practices [8]. - Local governments can implement differentiated management incentives beyond financial rewards, such as tax benefits and support in sustainable development initiatives, to encourage companies to improve their ESG performance [8].