Awarding "Best ESG Practice" from Cailian Press, CMIC is highly rated for sustainability
Publish Date:2022-11-04
On November 3, the 3rd Cailianpress Elite Board Secretary Summit Forum and 2022 Wanshan Lake Night was successfully held in Wuxi. The event was guided by Shanghai Press Group, co-organized by Wuxi Xishan District People's Government and Cai Lian, and co-organized by Xishan Economic and Technological Development Zone and Modern Express+, which is one of the most authoritative activities for the selection of listed companies in China. It has been the third year since Cailianpress launched the first Elite Board Secretary Awards in 2020, and has received wide attention from all sides of the capital market.

At the event, Xu Shanda, former deputy director of the State Administration of Taxation and former chairman of the China Association of Certified Taxation Practitioners, Jiang Min, standing committee member and executive vice mayor of Wuxi, Cheng Jianhong, deputy director of the listed company department of Shanghai Stock Exchange, Liu Feng, chief economist of China Galaxy Securities, Gu Wei, director of Wuxi Local Financial Supervision Administration, Fang Li, secretary of Xishan District, standing committee member of Xishan District, deputy secretary of Xishan Economic and Technological Development Zone Party Committee and Tao Bo, Deputy Director of the Management Committee, Zhou Jianwei, Standing Committee Member and Executive Vice Mayor of Xishan District, Zhang Lin, Standing Committee Member and Minister of Organization Department of Xishan District, Hu Gang, Executive Vice President of Caixin, and nearly 100 secretary of board of listed companies and investment institutions attended the meeting. Hong Kong Legislative Council member and member of the Board of Directors of the Financial Development Council, Mr. Wong Yuen-shan, attended the meeting on line.

It is noteworthy that in this event, CMIC won the "Best ESG Practice Award", and its outstanding contribution to the development of low-carbon economy, science and technology innovation, talent training, social welfare and other aspects was strongly affirmed. The finalists also include well-known enterprises such as Huada Gene, Lanshi Technology, Yuexiu Financial Holdings, and Bettany.



It is reported that this selection is the first time for the securities industry, Hong Kong and U.S. listed companies to add a list, and the combination of data indicators (60%) + expert review (30%) + public voting (10%), through the selection of relevant regulatory bodies, institutional investors, securities analysts, individual investors, financial media, capital market expert members and other expert jury to determine the final winners, to ensure that the selection Fair, just and open. As an influential and credible professional selection activity in the industry, the event selects industry models with the most rigorous attitude, aiming to promote the optimization of the governance structure of listed companies, enhance their own operational capabilities and promote the standardized construction of the value management system of listed companies.

The successful awarding of CMIC not only reflects the high evaluation of ESG practice capability of CMIC by regulators, industry experts and investors, but also reflects the full recognition of the capital market on the company's sustainable development capability, including corporate governance, business strategy, risk control, information disclosure, employment quality and investor relations management.



All along, CMIC has been steadfastly implementing the concept of implementing ESG sustainable development. Since its continuous transformation into a green energy technology enterprise in 2019, CMIC has been leading with independent innovation, gradually expanding the proportion of new energy businesses such as offshore wind power and hydrogen energy, helping to promote the transformation of the energy industry and the achievement of the goal of zero carbon emissions, and increasing its support for the green transformation of the industry and the efficient development of green technology. Up to now, CMIC has been deeply engaged in oil and gas and renewable energy for nearly 30 years, with more than 10 regional centers in global energy hotspot countries, a high-tech talent team of nearly 100 people in research, design, manufacturing and service, and more than 100 patented technologies and industry qualifications. In the field of offshore wind power, the company has a new generation of ultra-large offshore wind power installation vessel core technology of the whole industry chain, a new generation of offshore wind power operation and maintenance mother ship core equipment and services, deep-sea floating wind power high-end equipment and technology, etc., to promote the development of large-scale offshore wind power equipment to low-cost commercialization and "30-60" national strategy to contribute to the strength. In the field of hydrogen energy, the company's whole industrial layout has taken shape, including upstream hydrogen production, midstream storage and transportation plus, downstream hydrogen energy vehicle operation and leasing, etc. The overall value of the enterprise has been increasing, contributing to energy saving and emission reduction, improving the environment and coping with the global climate crisis.

At the same time, in order to effectively and efficiently manage all aspects of environment, society and governance (ESG), the company has established a robust ESG governance structure under the overall responsibility and supervision of the Board of Directors and a professional ESG working group. Under this control structure, CMIC insists on green development, starts planning from environmental protection, compliance governance, whole-chain carbon reduction, supply chain management, production control and other dimensions, actively advocates and spreads the concept of carbon neutrality, influences the participation of customers, employees, the public and other stakeholders, takes practical actions to practice public welfare, spreads green concepts, leads green low-carbon actions, and actively fulfills the new corporate responsibility in the ESG era. We will continue to focus on "dual carbon" and "green development".

In the future, by continuing to focus on "dual carbon" and responding to the process of global green energy transformation, CMIC will continue to develop deeply into the field of green energy technology, build and improve the quality and brand influence of offshore wind power and hydrogen energy and other marine green energy hard technologies, and respond positively to the "dual carbon" action with comprehensive and sustainable development, and create a new ESG era.