On July 28th, Morgan Stanley Capital International (MSCI), a globally recognized index provider, released its latest ESG ratings. CNGR's rating jumped from BBB to AA, marking a significant leap in the company's sustainable development performance.

Sustainable development is a journey of continuous advancement.

Since its first participation in MSCI ESG ratings in 2022, CNGR has achieved steady year-over-year progress. In 2024, the company was rated BBB, placing it in the upper-middle tier of its industry. This year, however, marked a qualitative leap—CNGR’s rating surged to AA, with an overall score of 6.5, ranking first among Chinese listed companies in its sector and transitioning from an industry leader to a global frontrunner.

Notably, CNGR also topped its industry in the "Labor Management" category, demonstrating its robust management systems and stringent practices in labor standards & working conditions, diversity & inclusion, and employee health & safety. This achievement underscores CNGR’s commitment to excellence in sustainable development.

As a key reference for decision-making by global institutional investors, MSCI ESG ratings directly influence international capital flows. CNGR's upgrade to AA signifies that its risk management capabilities in critical areas—such as climate change response, supply chain sustainability, and governance transparency—have gained heightened recognition from global investors.

This achievement not only positions CNGR among the world's leaders in Environmental, Social, and Governance (ESG) practices but also strengthens its capital market credibility, supply chain influence, and global expansion strategy, injecting robust momentum for high-quality growth.

In the latest ESG rating results, MSCI made the following evaluation of CNGR's ESG performance:"Regarding the labor-intensive nature of its production model, CNGR has integrated all full-time employees, part-time workers, and outsourced staff into its career development system. In addressing risks related to toxic emissions, CNGR's mitigation measures have demonstrated effectiveness surpassing industry peers.

On business ethics, CNGR leads its global counterparts, with a dedicated oversight mechanism at the board level and all operations subject to ethical audits. In terms of governance structure, the majority of CNGR's board members are independent of controlling shareholders and other interested parties."

Moving forward, CNGR will further deepen its sustainable development strategy by accelerating the deployment of a global green value chain

Strengthening source governance in resource development and circular economy innovation,driving sustainable upgrades across all operational processes.CNGR is committed to transforming ESG competitive advantages into long-term growth drivers, CNGR aims to set industry benchmarks and steadfastly advance toward becoming the global ESG leader in the new energy materials sector.