Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Employment and Labour Practices
• Operational Practices
• Community Involvement
• Climate change related risks and opportunities
• Energy efficiency
• Emissions
• Green and sustainable architectural design
• Promotion and protection of biodiversity
• Waste and sewage management
• Occupational health and safety
• Staff remuneration and welfare
• Training and development
• Equal opportunity and anti-discrimination
• Anti-corruption
• Compliance with laws and regulations
• Product and construction quality and safety
• Customer information and privacy protection
• Intellectual property protection
• Supplier management

Environmental Achievements

• Implemented emission reduction measures to reduce air pollutants and greenhouse gas emissions
• Adopted measures to reduce waste generation through source reduction, recycling, and reuse
• Implemented measures to reduce water and energy consumption in offices and properties

Social Achievements

• Organized 24 community charity events with donations exceeding RMB7 million
• Launched the "Ivy Scheme" providing financial aid to students
• Established the "Zhong An Class" to support underprivileged students
• Donated RMB2 million to support flood victims in Henan Province
• Provided various recreational and cultural activities for employees to promote work-life balance

Governance Achievements

• Formulated a series of management systems to prevent corruption, bribery, and money laundering
• Established an anonymous reporting mechanism to encourage whistleblowing
• Provided anti-corruption training to employees

Climate Goals & Targets

Environmental Challenges

• Climate change related risks such as typhoons and floods
• Staff turnover due to intense competition in the real estate industry
• Potential risks related to supply chain management

Mitigation Strategies

• Formulated plans for contingency arrangements under extreme weather conditions
• Provided competitive remuneration packages and welfare to retain employees
• Developed the Guidance of Tendering and Procurement Practice to manage supply chain risks

Supply Chain Management

Responsible Procurement

• Strict assessment on suppliers in terms of contract fulfilment and quality

Climate-Related Risks & Opportunities

Physical Risks

• Typhoons and floods

Opportunities

• Green building design

Reporting Standards

Frameworks Used: Appendix 27 to the Rules Governing the Listing of Securities on the Main Board of the Stock Exchange

Sustainable Products & Innovation

• Green buildings

Awards & Recognition

• 2021 Top 100 China Real Estate Developers
• 2021 Top 10 Real Estate Company Listed in Hong Kong by Investment Value
• 2021 Top 10 Real Estate Company Listed in Hong Kong by Finance Stability
• 2021 Top 50 Real Estate Enterprises in the Yangtze River Delta Region
• 2021 Top 10 Brand of Yangtze River Delta Urban Agglomeration
• China Real Estate Companies Trustworthy Consumption in Zhejiang Demonstration Enterprise in Real Estate Industry
• 2021 Top 100 China Real Estate Enterprise Brand Value
• Zhejiang Province Typical Real Estate Enterprise Brand Index TOP 10
• 2021 Excellence Zhejiang Brand Golden Lotus Award
• 2021 Top 200 Private Enterprise in Zhejiang Province

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Employment and Labour Practices
• Operational Practices
• Community Involvement
• Climate change related risks and opportunities
• Energy efficiency
• Emissions
• Green and sustainable architectural design
• Promotion and protection of biodiversity
• Waste and sewage management
• Occupational health and safety
• Staff remuneration and welfare
• Training and development
• Equal opportunity and anti-discrimination
• Anti-corruption
• Compliance with laws and regulations
• Product and construction quality and safety
• Customer information and privacy protection
• Intellectual property protection
• Supplier management

Environmental Achievements

• Continued to improve emission reduction measures to reduce greenhouse gas, exhaust gas and dust emissions.
• Implemented waste reduction measures, including waste classification for recycling and proper disposal of hazardous and non-hazardous waste.
• Implemented water conservation measures to reduce water consumption.

Social Achievements

• Provided reasonable and competitive remuneration package and welfare for employees.
• Organized various types of activities for employees to promote work-life balance and facilitate communication.
• Provided regular health and safety training and information to employees.
• Invested over RMB1.38 million in employee training programs.

Governance Achievements

• Formulated a series of management systems to prevent corruption, bribery, extortion, fraud and money laundering.
• Established an anonymous reporting mechanism to encourage reporting of illegal or dishonest conduct.
• Provided anti-corruption training to directors and employees.

Climate Goals & Targets

Environmental Challenges

• Climate change related risks such as typhoons and floods affecting the safety of properties, employees and customers.
• Staff turnover due to intense competition in the real estate industry and increasing demand for professional talents.

Mitigation Strategies

• Formulated plans outlining contingency arrangements under extreme weather conditions.
• Incorporated climate change related risk assessment procedures into newly acquired projects.
• Implemented measures to reduce emissions, improve energy efficiency and reduce waste of resources.

Supply Chain Management

Supplier Audits: Strict assessment on suppliers in terms of contract fulfilment.

Responsible Procurement

• Guidance of Tendering and Procurement Practice

Climate-Related Risks & Opportunities

Physical Risks

• Typhoons
• Floods

Opportunities

• Green building design

Reporting Standards

Frameworks Used: Appendix 27 to the Rules Governing the Listing of Securities (the “Listing Rules ”) on the Main Board of the Stock Exchange

Awards & Recognition

• 2022 Top 10 China Real Estate Developer for Social Responsibility
• 2022 Top 10 Zhejiang Regional Brand Competitiveness of Real Estate Enterprises in China
• 2022 Top 100 Real Estate Enterprises Overall Strength in China
• 2022 Top 100 Real Estate Brand Value in China
• 2022 Brand Influence Enterprise
• 2022 Top 10 Brand Value for Luxury Property Products in China
• 2022 Top 10 Real Estate Company Listed in Hong Kong by Investment Value
• 2022 Top 10 Real Estate Company Listed in Hong Kong with Finance Stability
• 2022 Top 100 China Real Estate Developer
• 2022 Top 10 Brand of Yangtze River Delta Urban Agglomeration Real Estate Company
• 2022 Top 100 China Real Estate Developer– Top 10 in Operational Efficiency
• 2022 China Commercial Property Business Service Capacity Outstanding Company
• 2022 Top 100 Property Management Company in China
• 2022 Property Management in China －Socially Responsible Company of the Year

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Employment and Labour Practices
• Operational Practices
• Community Involvement

Environmental Achievements

• Reduced greenhouse gas emissions from 36,658.7 tCO2e in 2022 to 32,809.96 tCO2e in 2023.
• Implemented various waste reduction measures, including waste classification and recycling, resulting in a decrease in non-hazardous waste intensity from 8.76 tonnes/1,000 square meters in 2022 to 11.21 tonnes/1,000 square meters in 2023 (Note: this seems counterintuitive and may require further investigation).

Social Achievements

• Organized 23 community charity events with a total donation of approximately RMB2.5 million.
• Implemented various employee wellbeing initiatives, including monthly birthday parties, team-building activities, and sports events.

Governance Achievements

• Formulated a series of management systems to ensure operational integrity and legal compliance, including anti-corruption training for directors and employees.
• Established an anonymous reporting mechanism to encourage whistle-blowing on misconduct.

Climate Goals & Targets

Environmental Challenges

• Climate change related risks such as typhoons and floods.
• Staff turnover in a competitive real estate industry.

Mitigation Strategies

• Formulated plans for contingency arrangements under extreme weather conditions.
• Provided competitive remuneration packages and welfare benefits to employees.

Supply Chain Management

Supplier Audits: All major suppliers assessed

Responsible Procurement

• Developed the “Guidance of Tendering and Procurement Practice”

Climate-Related Risks & Opportunities

Physical Risks

• Typhoons and floods

Opportunities

• Green building design

Reporting Standards

Frameworks Used: Appendix C2 to the Rules Governing the Listing of Securities (the “Listing Rules ”) on the Main Board of the Stock Exchange

Awards & Recognition

• 2023 Top 100 China Real Estate Developer
• 2023 Potential Unicorn of China Property Service Companies
• 2023 Excellent Property Management Company in China
• 2023 Top 100 Property Management Company in China
• 2023 Top 50 Integrated Strength Property Management Companies in China Rank 40
• 2023 Top 100 Property Management Companies in terms of Service Capabilities Rank 38
• 2023 Annual Property Service Enterprise with Sense of Social Responsibility in China
• 2023 Capital-focused Unicorn of China Property Service Enterprises
• 2023 Leading Intelligent Property Services Company in China
• 2023 China’s Top 100 Property Service Companies with Comprehensive Strengths Rank 39
• Top 10 Social Enterprise of the Year
• 2023 Top 100 Property High Quality Service Providers in China
• 2023 Top10 Hong Kong Listed Domestic Developers Worthy of Investment
• 2023 Top 10 Hong Kong Listed Domestic Property Companies with Financial Stability
• 2023 Top 10 Hong Kong Listed Domestic Property Companies with Investment Value
• 2023 Top 10 Chinese Real Estate Companies by Operational Efficiency
• 2023 Outstanding Real Estate Development and Companies in China
• 2023 Top 10 China Real Estate Enterprise for Social responsibility
• 2023 Top 10 Commercial Real Estate Operation Companies in China
• 2023 Top 100 China Integrated Property Service Enterprises No. 39
• 2023 Top 100 Property Management Companies in China