Recently, MSCI, the international authoritative index agency, released the latest ESG rating results of Seazen Holdings (601155.SH) for 2024. Based on its strong performance in green buildings, health and safety, product safety and quality, corporate governance, and corporate behavior, MSCI upgraded Seazen Holdings' ESG rating from 'BB' to 'BBB'.

It is reported that MSCI is one of the world's most authoritative ESG index rating agencies, and its rating results have become a mainstream investment reference for the capital market. This rating upgrade reflects the further improvement of Seazen Holdings' ESG management level and an important manifestation of international authority's recognition of Seazen Holdings' ESG management achievements and sustainable development strategies.

According to the MSCI report, Seazen Holdings scored higher than the industry average in environmental, social, and governance dimensions, with significant improvements in key issues such as health and safety, product safety and quality, corporate governance, and corporate behavior compared to the previous year.

Seazen has consistently adhered to relevant laws and regulations governing listed companies, establishing and continuously improving a sustainable development governance structure. In November 2020, Seazen Holdings' parent company, Seazen Development, established an ESG Management Committee, forming an ESG management structure covering the board of directors, ESG Committee, ESG working group, and various functional departments, laying a solid foundation for standardizing ESG management and achieving long-term sustainable development.

In terms of health and safety, Seazen has established a three-tier safety management structure spanning headquarters, regions, and projects, strengthening the safety production responsibility system and performance appraisal system. Regarding product safety and quality, Seazen continuously improves its quality management system, focusing on the attributes of residential and commercial products, and controls engineering quality throughout the entire life cycle, from design, procurement, construction, and delivery, to provide customers with high-quality products. For example, in terms of delivery quality management, the company forms a delivery inspection and evaluation team with operations, property management, product research and development, and third-party partners to conduct a comprehensive evaluation of all products seven days before official delivery to ensure high-quality delivery. In 2023, the delivery evaluation results were 80.19 for unfinished units and 82.59 for finished units, with a qualified rate of 94.68% for actual measurement.

Simultaneously, Seazen Holdings actively integrates green concepts into its production and operation, adhering to the green and sustainable development path. On the one hand, the company increases its low-carbon layout, delves deeper into green and sustainable areas, continuously promotes the "New Blue Action" initiative, and integrates green construction, green operations, and green technologies into daily development activities. In 2023, 100% of the company's newly constructed projects were green buildings, and all projects under construction met national green building requirements. On the other hand, the company further implements energy conservation and emission reduction measures, strengthens resource and energy consumption management, and continuously optimizes its energy layout. It has established the Wusheng Energy Investment and Management Platform, focusing on three major businesses: integrated energy services, new energy power generation, and Wuxing Yuechong charging services, to optimize the energy structure. In 2023, Seazen and Wusheng Energy jointly built and connected 61 photovoltaic power stations, achieving carbon emission reductions of 27,839.79 tons. Additionally, 20 projects, including Wujin Wuyue Plaza, completed green electricity purchases, with a total annual green electricity transaction of 135.38 GWh and carbon offsets of approximately 105,600 tons.

Furthermore, Seazen Holdings continuously fulfills its corporate social responsibility and promotes continuous innovation through the "Seven-Colored Light Plan" in areas such as education equity, children's health, green communities, environmental protection, humanitarian aid, cultural projects, and sports. Data shows that as of the end of 2023, Seazen Holdings' "Glorious Library" public welfare project in the field of education equity has reached 68 rural primary schools in 17 provinces and two municipalities, with a cumulative donation of over 160,000 books. In the field of environmental protection, Seazen, through the "New Green Action" platform, has donated a cumulative total of 185,000 trees.

Looking ahead, Seazen Holdings will continue to enhance its ESG management level, proactively shoulder responsibility for the environment, society, and corporate governance, and focus on ecological and sustainable development. At the same time, adhering to the corporate mission of "Making Happiness Simple," Seazen will explore green lifestyles based on national policies, industry development, and product innovation, gradually building a sustainable development management model with Seazen's unique characteristics.