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On July 23, Sinochem Hong Kong (Group) Co., Ltd. ("Sinochem HK" or “the Company”) successfully conducted the inaugural issuance under its $2 billion Commercial Paper (CP) Program. The initial issuance amount was $500 million, marking the first ECP transaction by Sinochem Holdings Corporation Ltd. (“Sinochem Holdings”) in Asia.
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On March 8, 2023, Sinochem Hong Kong (Group) Co., Ltd. ("Sinochem HK") received its first ESG (Environmental, Social and Governance) Risk Rating from Morningstar Sustainalytics, a leading ESG research, rating and data firm, with a score of 12.9 and placed in the low risk category. Sinochem HK is classified into the real estate development industry by Morningstar Sustainalytics. As of March 31, among the nearly 300 rated real estate developers in the Sustainalytics’ global rating universe, Sinochem HK ranked 5th globally.
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Since the fifth wave of the COVID-19 outbreak in Hong Kong, the senior executives of Sinochem Holdings has attached great importance to it and immediately conveyed the spirit of General Secretary Xi Jinping's important instructions on supporting Hong Kong to fight against the fifth wave of COVID-19. Sinochem Hong Kong (Group) Co., Ltd. (“Sinochem HK” or “the Company”) actively implemented and fully supported the anti-epidemic work of the HKSAR government. By donating medical supplies, providing medical services for employees and actively participating in voluntary services, Sinochem HK fought against the epidemic and overcome difficulties together with all walks of life in Hong Kong. Recently, Sinochem HK received a Thank-You Letter from the Hong Kong Chinese Enterprises Association, expressing the gratitude to Sinochem HK for its active cooperation and support for the anti-epidemic work of the HKSAR government and its positive contributions to the stable development of Hong Kong.