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Recently, Chuangxin New Materials held a conference on promoting the construction of its ESG (Environmental, Social, and Governance) system. This marks a milestone step in the company's process of deepening sustainable development management and building a modern corporate governance system. Relevant leaders of the company's board of directors, general managers of various subsidiaries, ESG directors, and liaison officers, among others, attended the conference, jointly opening a new chapter for the high-quality development of the enterprise.
The meeting pointed out that ESG development is not only an inevitable choice for enterprises to meet regulatory requirements and customer needs, but also a key path to promote strategic transformation and upgrading and build long-term competitive advantages. Over the past two years, Chuangxin New Materials has continued to delve into the ESG field, continuously released annual ESG reports, and its rating in Wind ESG has risen to AA. In 2024, it officially released the "NOVEL" sustainable development strategy with the core concept of "Innovation Creates the Future". Centering on the five pillars of "green and low-carbon, open cooperation, employee empowerment, circular development, and technology leadership", it has built a strategic system of "one core and five sectors".
The conference focused on the comprehensive establishment and implementation of the ESG system, and conducted special capacity-building training for all participants. The training systematically elaborated on the core connotation of ESG and global development trends, and focused on analyzing the four strategic driving forces of ESG for Chuangxin New Materials: strengthening the foundation of compliant operations, accurately responding to customer demands, effectively aligning with capital market expectations, and proactively leading the direction of industry transformation.
To ensure the systematic advancement of ESG work, the conference officially announced the upgrade of the ESG management organizational structure, established a three-level management system of "decision-making - management - execution", and clarified the division of responsibilities at each level. This structure will ensure that the ESG strategy penetrates the entire business chain and achieves effective connection from top-level design to grass-roots implementation.
Looking to the future, the conference put forward a three-step strategic goal of "deepening the management foundation, creating brand characteristics, and moving towards international leadership" and deployed the 2025 ESG implementation plan. The comprehensive promotion of ESG system construction this time demonstrates Chuangxin New Materials' strategic determination to drive long-term development through green innovation.
Chuangxin New Materials will take the annual ESG work ledger as a starting point to deeply integrate the concept of sustainable development into the entire process of R&D, production and operation. By continuously optimizing the governance mechanism, improving environmental performance and fulfilling social responsibilities, it will create more substantial sustainable value for shareholders, customers, employees and society.
