On July 8, Global New Material International Holdings Limited (06616.HK) received the ‘Best ESG Performance Award’ at 2023 China Finance Awards ceremony. This accolade marks the recognition of the company’s commitment and achievements in environmental, social and governance (ESG) standards by the industry.

2023 China Finance Awards, a collaborative initiative by the high-end financial magazine ‘China Finance’ in Hong Kong and seven major financial institutions including Hong Kong Chinese Securities Association, Hong Kong Chinese Fund Association, Hong Kong China Mergers and Acquisitions Association, Hong Kong Investor Relations Association and Hong Kong Stock Analysts Association, aim to enhance the global capital market presence of outstanding companies and deepen investor understanding. The awards also seek to deepen investors’ understanding of these companies and promote in-depth communication between enterprises and investors so as to showcase corporate value and increase visibility. Since its inception, the awards have garnered widespread attention and high acclaim due to their fair and authoritative evaluation processes.

Global New Material International consistently adheres to a sustainable development strategy, actively fulfilling social responsibilities by integrating ESG principles into every aspect of its operations. Through innovative technologies and management models, the company continually optimizes its products and services to minimize environmental impact and enhance social value. In January 2023, the company successfully acquired the globally renowned pearlescent materials firm CQV, leading to deep integration in research and development, sales and supply chain. Together, they have launched over 2,000 eco-friendly and fashionable high-tech products. The second phase of the new factory commenced production in February 2024, equipped with next-generation green intelligent production equipment and an advanced production management data center, achieving streamlined, standardized and intelligent management. Alongside its green development through technological innovation, Global New Material International and its subsidiary Qise Zhuguang have received numerous accolades, including National Green Factory, Charitable Donation Enterprise, Enterprise Supporting Disability Initiatives and CQV’s Gold Rating by the international environmental organization EcoVadis.

This award not only affirms the company’s ongoing investment and innovation in the ESG field, but also recognizes its contributions to social and environmental sustainability. Looking ahead, Global New Materials International will continue to uphold its commitment to sustainable development, striving to enhance performance in environmental impact, corporate governance, community involvement, customer satisfaction and employee welfare. The company remains dedicated to achieving green production, green supply chains and green R&D.