On June 30, Leverage just released the 2022 ESG Sustainability Report, which details the company's practices and performance in environmental, social, corporate governance and other areas of responsibility based on the principles of objectivity, standardization, transparency and comprehensiveness. In the past year, Leverage has also been actively implementing the company's ESG strategy, participating in various ESG practices, and working with stakeholders to help achieve sustainable development goals through its own influence.We are well aware that we will face many challenges and difficulties on the road to innovation. However, we firmly believe that continuous innovation is the key to meeting customer needs, maintaining competitive advantage and achieving long-term development. Therefore, we will continue to walk firmly on the path of innovation, constantly challenge ourselves, create value, and make greater contributions to customers and society.

This time, Leverage's ESG practices were recognized by the organizer and invited to participate in this forum. During this event, Mr. Qu had extensive and in-depth exchanges with other guests attending the event. In the future, Leverage will work harder on ESG development practices to promote sustainable corporate development.

Global ESG investment is advancing rapidly and has a profound impact on economic structure, industrial standards and consumer preferences. However, different regions should differ when exploring ESG practice paths based on their own economic and social development status and the industry characteristics of the enterprises. 

At this forum, many experts and scholars pointed out that China's ESG is booming and has achieved phased results in policy system construction, ESG disclosure, ESG investment and international cooperation.

Meanwhile, at the market level, investors are more and more taking ESG factors into consideration in decision-making, and their evaluation criteria for corporate governance of the investee are becoming more perfect, strict and long-term. They are also more cautious about the risks of investment projects violating national environmental protection and social governance policies, and their participation in environmental protection and common prosperity advocated by the government is becoming more extensive, in-depth and systematic.

At the same time, Mr. Qu attended the forum as the co-leader of the Sustainable development Standards project team of the Shanghai Federation of Industrial Economy. In his speech, he first shared the preparation process of group standards such as the "Guidelines for the preparation of Enterprise Environmental, Social and Governance reports". Afterwards, he pointed out that the existing disclosure standards at home and abroad cannot well represent the characteristics of China's modernization development and Chinese corporate culture, and hoped that through the formulation of standards, companies can better disclose and respond to corresponding challenges.

Mr. Qu finally said: We are well aware that we will face many challenges and difficulties on the road of innovation. However, we firmly believe that continuous innovation is the key to meeting customer needs, maintaining competitive advantage and achieving long-term development. Therefore, we will continue to walk firmly on the path of innovation, constantly challenge ourselves, create value, and make greater contributions to customers and society.

The development of ESG in China is going through a crucial period. How to make the evaluation and disclosure of ESG more standardized and how to make the combination of enterprises and ESG more closely are all important topics.

2024 will be the 20th anniversary of the concept of ESG. Looking into the future, the bright future of carbon neutrality in 2060 may not be far away, and it starts with our every present action. Every carbon neutrality commitment, every net-zero goal, and every emission reduction effort made by a company to achieve green development will pave the way to a better future. Leverage will also use the professional knowledge of its own team to help enterprises with their sustainable development transformation. We look forward to working with more partners to jointly promote China's ESG development.