[PR] Changsha Jinzhou Xincheng Investment Holding Group Co., Ltd. | Green Finance Framework SPO

Hong Kong, Oct 16, 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 Changsha Jinzhou Xincheng Investment Holding Group Co., Ltd. (the “Company”, together with its subsidiaries, the “Group”). Under the framework, the Group can issue green bonds or loans.

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

»       Use of Proceeds

»       Process for Project Evaluation and Selection

»       Management of Proceeds

»       Reporting

»       External Review

Upon assessment, Lianhe Green considers that the Framework is in compliance with the Green Bond Principles (GBP) (June 2021 Edition) and the Green Loan Principles (GLP) (February 2023 Edition). 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).

According to the National Environmental Plan for the 14th Five-Year Plan for Environmental Protection and Improvement, the Group is committed to ensuring that the environmental development benefits from its economic performance. The Group takes green development as the cornerstone of its business operations. Coupled with development strategies and operating models, the Group strives to promote green responsibilities and meet the expectations of stakeholders, including the government, industry, employees, business partners and communities. The Group also aims to accelerate structural reform of the city and clean up the environment.

 

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

Polex Lam, CESGA^® CEnv

Managing Director

+852 3462 9583

polex.lam@lianhegreen.com

 

Sherry Li

Analyst

+852 3462 9583

Sherry.li@lianhegreen.com 

 

 

 

 

 

 

 

 

 

 

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Disclaimer

A Lianhe Green SPO is an assessment of the green frameworks of entities. It is not a credit rating.

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