[PR] Jiangsu Zhongyang Clean Energy Development Co., Ltd. | Green Finance Framework SPO

Hong Kong, September 4, 2024 - Lianhe Green Development Company Limited (“Lianhe Green”), an external reviewer recognised by the Hong Kong Monetary Authority’s Green and Sustainable Finance Grant Scheme, has provided its Second-Party Opinion on the green finance framework of Jiangsu Zhongyang Clean Energy Development Co., Ltd. (the “Group”). Under the framework, The Group can issue green bonds, green loans, or any other debt-like green financing instruments.

We have reviewed the following pillars addressed in The Group's Green Finance Framework:

» Use of Proceeds

» Project Evaluation and Selection

» Management of Proceeds

» Reporting

» External Review

Upon assessment, Lianhe Green considers the framework to be in alignment with the Green Bond Principles (June 2021 Edition) issued by International Capital Markets Association (“ICMA”), and the Green Loan Principles (February 2023 Edition) issued by the Loan Market Association (“LMA”), the Loan Syndications and Trading Association (“LSTA”) and the Asia-Pacific Loan Markets Association (“APLMA”). In addition, the eligible green projects listed in this Framework are in line with the Green Bond Principles (GBP) (June 2021 Edition), the Green Loan Principles (GLP) (February 2023 Edition), and the United Nations Sustainable Development Goals (SDGs).

In accordance with the State Council's overall guidance on green development and the national “14th Five-Year” Strategic Plan of “Environmental Protection and Development of Low-Carbon Economy”, the Group is committed to ensuring that its economic performance is conducive to the green development of the environment. The Group regards green development as its business foundation and ensures that its economic development is beneficial to the environment. The company adheres to a positive sense of environmental responsibility, and integrates the spirit of green development into its rules, regulations and business development plans. The Group actively integrates green principles into the economic development of Yangzhong City and is committed to making contributions in the fields of green building and infrastructure. Meanwhile, the Group also insists on reducing the negative impact on the environment during the engineering design and construction process, in doing so, ensuring it applies its principle of environmental protection to every work stage.

About Lianhe Green

Lianhe Green Development Company Limited (“Lianhe Green”) was established in 2023 and is a subsidiary of Lianhe Credit Management Co., Ltd. (“Lianhe Group”) and Lianhe Equator Environmental Assessment Co., Ltd. (“Lianhe Equator”), which is a third-party consulting and certification service provider in China with multiple professional technical edges in "green finance, energy conservation and protection, and carbon testing/certification". Headquartered and registered in Hong Kong, Lianhe Green is an external reviewer recognized under the Hong Kong Monetary Authority’s Green and Sustainable Finance Grant Scheme. Lianhe Green is mainly responsible for green and sustainable finance certification business in international markets, ESG reporting and consulting, ESG training services, and assists in operating carbon market-related businesses within and outside China.

Lianhe Green aims to become an internationally recognized external verifier for sustainable finance through cooperation with Lianhe Equator's professional and experienced team in this industry. With a goal of "shaping the origin of the earth and sky, and transmitting the civilization of mankind", Lianhe Green is committed to helping Chinese and foreign enterprises demonstrate their determination in sustainable development, and providing investors with independent and objective third-party certification services. Leaving green and oceans to future generation is our mission and ambition.

Analytical Standards

• Green Bond Principles (GBP) (June 2021 Edition)
• Green Loan Principles (GLP) (February 2023 Edition)
• United Nations Sustainable Development Goals (SDGs)

Contacts

Chakki Ting, CESGA®

Associate

+852 3596 3037

chakki.ting@lianhegreen.com

Polex Lam, CESGA® CEnv

Managing Director

+852 3596 3026

polex.lam@lianhegreen.com

Disclaimer

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