Zhonggan Communication (Group) Holdings Limited
Climate Impact & Sustainability Data (2021-12 to 2023-12)
Reporting Period: 2021-12 to 2023-12
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Concentration of projects in the Central Region of the PRC, particularly Jiangxi Province.
- Concentration of customers during the Track Record Period.
- Non-recurring nature of projects.
- Difficulty in timely transfer of contract assets to trade receivables.
- High turnover days for trade and bills receivables and contract assets.
- High level of indebtedness.
- Potential intellectual property infringement or misappropriation.
- Dependence on suppliers, particularly labor suppliers.
Mitigation Strategies
- Enhanced internal control measures on liquidity management and compliance with loan covenants.
- Implementation of cash flow management measures to improve cash inflow from operating activities and turnover days for trade and bills receivables and contract assets.
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- Excellent Business Partner (by Customer A)
- Excellent Cooperation Unit (by Customer A)
- Best Business Partner (by Customer C)
- Jiangxi Province Security Technology to Guard Against Industry Top Ten Brands Selected Online in Year 2018
- Nanchang High-Tech Industrial Development Zone –Outstanding Contribution Enterprise of the Zone in Year 2018
- Nanchang High-Tech Industrial Development Zone –Outstanding Contribution Enterprise of the Zone in Year 2020