DJ EQS-News: Sheng Ye Capital Receives Inaugural 'A' Rating by MSCI ESG Research, Outperforming Peers
EQS-News / 13/08/2021 / 11:11 UTC+8 [Press Release]Sheng Ye Capital Receives Inaugural "A" Rating by MSCI ESG Research, Outperforming Peers
Hong Kong, August 13, 2021 - Sheng Ye Capital Limited ("SY Capital" or the "Company", stock code: 6069.HK), an industry focused supply chain fintech platform, is pleased to announce that MSCI Inc. ("MSCI") has initiated an MSCI ESG rating of "A" on SY Capital, recognizing the Company's efforts and outstanding performance in its environmental, social and governance ("ESG") strategies and measures.
The rating benchmarks SY Capital with some of the largest industry peers and also outperforms other major technology and fintech companies. Based on MSCI's report, the Company's ESG management practices appear stronger than its peers, especially in corporate governance whereby SY Capital ranks among the top 20% of companies globally and top 5% within China.
MSCI provides in-depth research, ratings and analysis of the environmental, social and governance-related business practices to companies worldwide. As one of the most widely adopted tools by institutional investors, MSCI ESG Rating measures a company's resilience to long-term, industry material ESG risks, with an aim to help investors identify ESG performance of companies, which may flag opportunities or risks not captured by conventional financial analysis.
Jeff Tung, Chairman of SY Capital remarked, "We are extremely delighted to have our sustainability initiatives recognized by MSCI. ESG has always been central in driving all aspects of our business decisions, including creating value for our stakeholders. We'll strive to improve our ESG initiatives and contribute to the sustainable development of the supply chain ecosystem as we embark on our transformational growth into the new digital economy."
ESG has become an increasingly important decision-making element for many investors. SY Capital's "A" rating by MSCI is expected to attract more attention from Socially Responsible Investors (SRI), who will expand the Company's shareholder base, create value for investors, increase trading liquidity, and enhance its overall reputation in the capital markets.
SY Capital believes that a solid ESG performance has a decisive impact on the Company's sustainable development, the perpetuation of its business and the creation of long-term value for shareholders. Guided by its mission to "make supply chain finance more efficient and inclusive", in addition to achieving robust financial performance, the Company has also stepped up efforts to improve ESG management standards and performance, continuously refining its management mechanism to integrate ESG initiatives into its long-term strategy.
Looking ahead, SY Capital will continue to proactively engage in social responsibility and work with various parties to empower, promote mutual development and create value. The Company will continue to remain true to its original aspiration, continuously improve its technological innovation capability, strengthen its core competencies, and move forward steadily under its "Dual-Engine, One-Platform" growth strategy. SY Capital strives to become the most reliable supply chain fintech platform across Asia-Pacific, provide better fintech services to small- and medium-enterprises and promote social responsibility, thereby contributing to the sustainable development of the region and the industry.
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About Sheng Ye Capital Limited (HKEx: 6069.HK) Sheng Ye Capital (6069.HK) is an industry focused supply chain fintech platform. Through its Dual-Engine, One-Platform strategy, the company harnesses industrial technology and digital finance to create a comprehensive supply chain finance ecosystem. SY Capital leverages big data analytics to provide intelligent matching of assets to capital, offering a one-stop SaaS and fintech solution for enterprises and financial institutions, while effectively addressing the financing needs and pain points of SMEs within the supply chain ecosystem.
Sheng Ye Capital is listed on the Main Board of the Hong Kong Stock Exchange and is also a constituent of the MSCI Small Cap China Index, Hang Seng Composite Index and Shenzhen-Hong Kong Stock Connect. Some of the company's notable institutional investors include China Taiping Insurance, Olympus Capital and Temasek Holdings.
Media Contact Sheng Ye Capital Limited Kaylee Zhang Tel: 0755-6188 0088-842 Email: kaylee.zhang@shengyecapital.com
Christensen China Limited Shirley Chan Tel: +852 2232 3933 Email: schan@christensenir.com 13/08/2021 Dissemination of a Marketing Press Release, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. Media archive at www.todayir.com
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(END) Dow Jones Newswires
August 12, 2021 23:11 ET (03:11 GMT)
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