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Jiankang Yuan and Lizhu Group were both selected for the "Hang Seng A-share Sustainable Development Enterprise Benchmark Index"
Published Time：
2019-10-31
Recently, according to the latest index review results from Hang Seng Indexes Company Limited, Joincare Pharmaceutical Group Industry Co., Ltd. (hereinafter referred to as "Joincare") and its subsidiary, Lizhu Pharmaceutical Group Co., Ltd. (hereinafter referred to as "Lizhu Group"), were both selected as constituent stocks of the Hang Seng Sustainability Series Indices (including the Hang Seng Sustainability Benchmark Index, Hang Seng A-share Sustainability Benchmark Index, Hang Seng Sustainability Index, Hang Seng A-share Sustainability Index, and Hang Seng Mainland and Hong Kong Sustainability Index) due to their outstanding performance in sustainable development. As of the Hang Seng Indices Series quarterly review results on June 28, 2019, all changes will take effect from Monday, September 9, 2019.
It is understood that the Hang Seng Sustainability Series Indices, first launched by Hang Seng Indexes Company Limited in 2010, are recognized as important indices in the international capital market. The selection process for constituent stocks is rigorous, with the Hong Kong Quality Assurance Agency conducting corporate sustainability ratings for companies on the candidate list. Referencing a rating framework designed by independent consultants, the process selects companies with the best corporate sustainability scores from among the stocks with the highest market capitalization and liquidity on the Hong Kong Stock Exchange, Shanghai and Shenzhen Stock Exchanges. The aim is to increase awareness of corporate sustainability (environmental, social, and corporate governance), reflect the performance and investment value of listed companies in sustainable development, and provide an objective benchmark for the investment market.
The selection of both Joincare and Lizhu Group as constituent stocks of the "Hang Seng A-share Sustainability Benchmark Index" reflects the capital market's recognition of these two companies' achievements in sustainable development and demonstrates their excellent performance in business development, environmental protection, social responsibility, and corporate governance.
In recent years, international attention to corporate sustainability has significantly increased. Investors are increasingly focusing on companies with the most outstanding performance in corporate sustainability, leading to a surge in global sustainable investment. This undoubtedly provides significant impetus for Joincare and Lizhu Group, which have been selected for the "Hang Seng A-share Sustainability Benchmark Index".
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