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Internationally recognized! ZJLD (06979.HK) has been included in the S&P Global "Sustainability Yearbook (China Edition) 2025."
On May 13th, the internationally authoritative rating agency S&P Global officially released the "Sustainable Development Yearbook (China Edition) 2025." ZJLD (6979.HK) was successfully selected for its outstanding performance in Environmental, Social Responsibility, and Governance (ESG). The S&P Global "Sustainable Development Yearbook (China Edition)" is one of the most influential ESG evaluation systems worldwide, with strict selection criteria requiring corporate ESG practices to not only rank in the top 15% of their respective Industry but also excel in key issues such as climate change and resource efficiency. This year, S&P Global rated 1,662 companies based on the CSA scoring system.
ZJLD Group Insider Lowered Holding By 100% During Last Year
Hong Kong stocks movement | ZJLD (06979) rises more than 4%, planning to launch new products in the high-end Global Strategy. Institutions expect that from the third quarter, the performance of Baijiu (Chinese Liquor) companies is likely to improve.
ZJLD (06979) rose over 4%, as of the time of writing, it increased by 4.37%, reported at 6.93 Hong Kong dollars, with a transaction amount of 30.6186 million Hong Kong dollars.
[Brokerage Focus] CITIC SEC: It is expected that the performance of Baijiu (Chinese Liquor) companies will improve to some extent starting in Q3.
Jinwu Financial News | CITIC SEC stated that since Q2 2024, the revenue growth of listed liquor companies has started to significantly slow down due to weak Industry consumer demand, and affected by intensified competition & reduced scale effects, many liquor companies' profitability is under some pressure. During this year's Spring Festival peak season, the overall sales decline in the Baijiu(Chinese Liquor) industry has narrowed to some extent year-on-year. If demand stabilizes gradually in the future, considering the base effect of 2024, this bank expects that the performance of Baijiu companies is likely to improve to some extent starting from Q3 2025. Currently, leading Baijiu companies are continuously enhancing Shareholder returns through increasing dividend rates, buybacks, and Shareholding.
ZJLD (06979.HK) held the 2024 Annual Shareholder Meeting and Investor Communication Session.
On May 9, the ZJLD Group 2024 Annual Shareholder Meeting and Investor Communication Conference was held at the 1912 ZJLD Food Research Institute in Changsha, Hunan, with over 120 participants including shareholders, shareholder representatives, investment institution representatives, and securities Analysts. Wu Xiangdong, Chairman of ZJLD Group, Yan Tao, President, and executive team members Wu Qirong, Zhu Lin, Luo Yonghong, Wu Guangshu, and Wang Lianbo, along with non-executive director and KKR partner Sun Zheng, independent non-executive directors Li Dong, Yan Jisheng, and Huang Jinshuan, attended either in person or online. During the shareholder meeting, several important proposals were reviewed, including the ZJLD 2024 budget.
ZJLD (06979.HK): Actively slowing down to relieve pressure and seeking breakthroughs with resilience.
We recently participated in the ZJLD 2024 Shareholder Meeting and communicated with the management about the company's 25-year development plan, recent Operation conditions, etc. The core conclusions are as follows: Starting from H2 2024, proactively reducing speed to ease pressure, prioritizing healthy Operation.