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  On October 8, 2023, when China Chengxin Group celebrated its 31st birthday, the group’s leaders gathered in Hong Kong to hold an anniversary celebration event with the theme of "Embracing a New Journey, Embracing Internationalization" and the unveiling ceremony of China Chengxin Green Gold International.   At 10:30 a.m., Li Ji, Vice President of China Credit Trust Group, announced the start of the unveiling ceremony. First, Wang Qian, President of China Credit Green Finance International, delivered a speech; then, Mao Zhenhua, Founder and Chairman of China Credit Trust Group, and Ma Xianfeng, CEO of China Credit Trust Group, unveiled China Credit Green Finance International. Yan Yan, Chairman of China Credit Trust International, Shao Jinhong, CEO of China Credit Asia Pacific, Yue Zhigang, President of China Credit Trust International, and Wang Qian, President of China Credit Green Finance International, served as witnesses.   The unveiling ceremony of China Credit Green Finance International From left: Yue Zhigang, Yan Yan, Mao Zhenhua, Ma Xianfeng, Shao Jinhong, Wang Qian   At the end of the ceremony, according to Hong Kong customs, Mao Zhenhua, Yan Yan and Ma Xianfeng cut the suckling pig together, sending auspicious wishes for Green Finance International to be prosperous and " cut to the end". The venue was filled with a joyful and peaceful festive atmosphere.   Mao Zhenhua, Yan Yan and Ma Xianfeng cut the suckling pig together   The following is the full text of the speech by Wang Qian, President of CCX Green Finance International: --------------------------   At the 31st anniversary celebration of China Credit Trust Group Speech at the unveiling ceremony of China Credit Green Finance International   (October 8, 2023) Wang Qian   Dear Mr. Mao, distinguished guests, leaders and colleagues online and offline:   Good morning everyone!   The golden autumn brings cool breeze and the sweet osmanthus fragrance. In this most beautiful season of the year, we are celebrating the 31st anniversary of China Chengxin Group and the unveiling ceremony of China Chengxin Green Finance International in beautiful Hong Kong. I would like to take this opportunity to express my sincere gratitude to all sectors of society who have always supported the development of China Chengxin. I also sincerely hope that friends from all walks of life will continue to care about and support China Chengxin Green Finance International, so that we can make due contributions to the economic development of the country and the growth of our business partners.     Wang Qian, President of CCX Green Finance International, delivered a speech   At present, green finance, as a financial model supporting sustainable development, has brought positive impacts to the global economy and environment. In the process of addressing climate change and environmental challenges, green finance will play an increasingly important role. Facing future challenges and opportunities, we have reason to believe that green finance will become a new engine leading global sustainable development. As an important way to achieve global green development goals, green finance has always been highly anticipated.   The establishment of CCXGFI responds to the country's call, conforms to the global development trend, and meets the market's needs for high-quality, reliable and professional services. Next, we will base ourselves in Hong Kong, make our own contributions to promoting and enriching the development of Hong Kong's green and sustainable financial ecology, and actively help the steady expansion of Hong Kong's financial market. Learn advanced domestic and foreign experiences, meet market demand, and develop more targeted green financial products and services.   The establishment of Green Finance International is also another important milestone in the internationalization strategy of China Chengxin Group. I am fortunate to be a member of it, and I deeply feel the breadth and depth of China Chengxin culture. As China's first national credit rating agency, China Chengxin has witnessed the turbulent process of the vigorous development of China's financial market since the reform and opening up. The growth history of China Chengxin itself is the entrepreneurial history of supporting the development of China's financial market and promoting reform and opening up. The road is difficult, but the struggle is successful. Under the leadership of the founder Mr. Mao Zhenhua, China Chengxin International, Asia Pacific, Green Gold, Credit, Index, Big Health, China Carbon Technology, Investment and other sectors have worked together and cooperated sincerely to create one brilliant achievement after another. As the youngest member of the group, China Chengxin Green Finance International must, under the leadership of all predecessors, strictly adhere to the corporate culture of "honesty to keep the center, trust to go far", uphold the value concept of "professional, objective and neutral", rely on the group's resource advantages and technical advantages, and use Hong Kong as a link for the development and innovation of international sustainable finance, and strive to achieve the group's new international strategic development goals.     In June 2023, CCXGFI obtained the external review qualification of the Hong Kong Monetary Authority's Green and Sustainable Finance Funding Program, and is the first Chinese rating agency to obtain this qualification. As a third-party service agency under China Chengxin Group that specializes in green and sustainable finance-related businesses , Green Finance International obtained the external review qualification of the Hong Kong Monetary Authority's Green and Sustainable Finance Funding Program in June 2023 , and is also the first Chinese rating agency to obtain this qualification. This is a full recognition of CCXGFI's market influence and technical capabilities.   Looking ahead, CCXGFI will continue to improve the health and standardization of market operations, strive to achieve a win-win situation for society, the environment and enterprises, lay a more solid foundation for the international development of China Chengxin Group, and contribute wisdom and strength to the vigorous development of China's green finance market.   Wherever your heart leads you, go there. Where there is a will, there is a way . I wish you all good health, career advancement and all the best. Thank you all!

On June 27, 2024, the opening ceremony of China Chengxin Climate Technology (Guangzhou) Co., Ltd. (hereinafter referred to as "China Chengxin Climate") was successfully held at the Pearl Bay Climate Finance Center, marking that China Chengxin Group has added a new wing in the field of sustainable development and officially embarked on a new journey of "focusing on Nansha, based in the Bay Area, coordinating with Hong Kong and Macao, and facing the world."   The opening ceremony was hosted by Zhang Yingjie, general manager of China Chengxin Climate. Representatives from the Nansha Development Zone Management Committee, Nansha Development Zone State-owned Assets Bureau, Guangdong-Hong Kong-Macao Greater Bay Area Climate Investment and Financing Center, Guangzhou Data Exchange, School of Economics and Management of South China Normal University, China Corporate Governance 50 Forum, Southern Finance, Guangdong Maritime Silk Road Research Institute, Nansha Big Data Company, Guangzhou Green Finance Association and China Chengxin Group's senior management team gathered in Nansha to witness the celebration and discuss future development opportunities.     At the beginning of the celebration, Zhang Yingjie, General Manager of China Chengxin Climate, talked about the background and strategic positioning of China Chengxin Climate. He introduced that China Chengxin Climate, as a wholly-owned subsidiary of China Chengxin Green Finance, focuses on climate investment and financing, ESG and sustainable development. Subsequently, Yan Yan, Chairman of China Chengxin International, Xue Dongyang, Chairman of China Chengxin Climate, Yang Junhao, Vice President of CCXAP, Song Tianhao, Deputy General Manager of China Chengxin Climate, Jia Hongtu, Deputy Secretary-General of the China Corporate Governance 50 Forum, and Dong Zhiqiang, Vice Dean of the School of Economics and Management of South China Normal University, jointly unveiled China Chengxin Climate.     During the visit, the guests, led by Li Jingtai, deputy director of the Nansha Development Zone State-owned Assets Bureau, visited the Guangzhou Nansha Guangdong-Hong Kong-Macao Greater Bay Area Climate Investment and Financing Center, and gained a deeper understanding of Nansha District’s strategic location advantages, supporting policies, and the importance attached to regional development of climate investment and financing.     The opening ceremony also invited many experts from the domestic ESG industry to hold an ESG seminar to discuss how ESG can promote the high-quality development of the Guangdong-Hong Kong-Macao Greater Bay Area. Xue Dongyang, Chairman of China Chengxin Climate, delivered a speech at the seminar. He pointed out that the birth of China Chengxin Climate is inseparable from the strong research strength and mature business experience of China Chengxin Group and its parent company CCXGF, and the strong support of the Nansha Development Zone Management Committee. Nansha District, as the geographical center of the Guangdong-Hong Kong-Macao Greater Bay Area, is also the only national-level new district in Guangdong Province, the largest area of the Guangdong Free Trade Zone, and the Guangdong-Hong Kong-Macao Comprehensive Cooperation Demonstration Zone. In the future, China Chengxin Climate will link the resource endowment of Nansha District, give full play to its important role as a fulcrum for leveraging the strategic innovation of climate investment and financing in the Guangdong-Hong Kong-Macao Greater Bay Area, and contribute to the deepening of the pilot construction of climate investment and financing and the green and high-quality development of the Guangdong-Hong Kong-Macao Greater Bay Area.     Yan Yan, Chairman of China Chengxin International, said that Nansha District has great potential in the development of climate investment and financing, and is the most dynamic and important development highland in the Bay Area. Against the background of the country's dual-carbon strategy , responding to and adapting to climate change has become a consensus of the whole society. China Chengxin Climate is an important layout of China Chengxin Group in the Greater Bay Area. In the future, it will be highly coordinated with the layout in Hong Kong and the mainland, constantly innovate business models, and contribute to China's realization of the dual-carbon strategy .     During the signing session, Mr. Xue Dongyang signed strategic cooperation agreements on behalf of China Chengxin Climate with the China Corporate Governance 50 Forum, the School of Economics and Management of South China Normal University, and Southern Finance, respectively, and will cooperate more closely in the future. Subsequently, Dong Zhiqiang, Vice Dean of the School of Economics and Management of South China Normal University, awarded China Chengxin Climate with a plaque for the off-campus practical teaching base for college students. He said that he looked forward to the cooperation between the School of Economics and Management of South China Normal University and China Chengxin Climate to continuously expand the space for cooperation and continue to deepen cooperation in off-campus practical teaching for college students, talent training, project research and corporate training. Zou Xianyu, Assistant to the General Manager of Guangzhou Data Exchange, awarded China Chengxin Climate with an ESG data asset registration certificate, and said that the certificate was the first ESG data asset registered by Guangzhou Data Exchange. He hoped that the two sides would strengthen cooperation in the future and actively promote the innovative development of data transactions.     In the keynote speech session, Song Tianhao, deputy general manager of China Chengxin Climate, made an in-depth analysis of the frontier business and prospects of climate investment and financing, emphasizing that the demand for carbon peak funds is large, and the frontier business of climate investment and financing is gradually becoming diversified and innovative. In the future, with the continuous improvement of technological innovation, international cooperation, policy support and other aspects, climate investment and financing will usher in a broader space for development. Jia Hongtu, deputy secretary-general of the China Corporate Governance 50 Forum , delivered a keynote speech on "Corporate Governance and Sustainable Development" and proposed that adhering to good corporate governance behavior can enhance the confidence of domestic investors, reduce capital costs, and improve the function of the financial market, thereby attracting more stable financial sources and providing guarantees for the sustainable development of companies. Lai Xiaodong, director of the Internationalization Office of the School of Economics and Management of South China Normal University, shared the role of ESG ratings and green investment empowerment in the context of dual carbon . He pointed out that ESG ratings empower enterprises to transform green and promote the formation of new standards, new markets, and new evaluation systems; through active emission reduction , enterprises can be empowered and capital can be gathered for sustainable development, thereby reducing financing costs.     During the exchange, Lin Shaoli, chief economist of Nansha Development Zone, expressed his expectation that China Chengxin Climate could rely on the professional experience and resource advantages of China Chengxin Group to inject new vitality into the climate investment and financing "circle of friends"; China Chengxin Climate and the Guangdong-Hong Kong-Macao Greater Bay Area Climate Investment and Financing Center should deepen cooperation in training, and through the joint efforts of both sides, promote Nansha District to show new vitality in the fields of climate investment and financing and green finance, and achieve new breakthroughs and achievements.   With the attention and support of leaders from all walks of life, the opening ceremony of China Chengxin Climate was successfully held. In the future, China Chengxin Climate will give full play to the rich professional experience and resource advantages of China Chengxin Group for more than 30 years to build a professional third-party institution in the field of sustainability with international influence, and promote China's sustainable development innovation and exploration to go beyond Chinese characteristics and move towards the international stage.     Relying on China Chengxin’s professional experience and resource advantages, China Chengxin Climate provides professional green finance, climate finance, and ESG-related solutions, including ESG-themed financial product evaluation and certification, climate-friendly enterprise and project evaluation and certification, enterprise and product carbon neutrality certification, corporate ESG information disclosure, ESG rating, ESG management consulting improvement, and ESG data analysis and intelligent management platform services.

On October 8, 1992, China Chengxin Securities Rating Co., Ltd. (CCX) was formally established at the Diaoyutai State Guesthouse in Beijing. Leaders and experts from the State Commission for Restructuring the Economic System, the People's Bank of China, the State Council Securities Committee and other relevant ministries and commissions attended the signing ceremony. The establishment of CCX marked that the construction of China's securities market has taken an important step towards standardization.

In 1993, the State Council Three Gorges Project Committee was established and entrusted China Chengxin with designing the financing plan for the construction of the Three Gorges Project. Mao Zhenhua, the General Manager of CCX, led a team to Yichang to report the relevant design work to Premier Li Peng. Such efforts contributed to the smooth progress of the Three Gorges Project and laid a solid foundation for the long-term collaboration between CCX and the Three Gorges Corporation.

In 1994, China Chengxin (CCXI), in collaboration with the State Commission for Restructuring the Economic System, the Ministry of Finance, and other government departments, as well as financial institutions such as Goldman Sachs, Merrill Lynch, and Deutsche Bank, jointly organized several high-profile international conferences, including the "International Symposium on the Shareholding Reform of Large Chinese Enterprises and the Development of the Securities Market" and the "International Symposium on Foreign Funds Entering the Chinese Securities Market." These conferences significantly promoted exchanges in the domestic and international securities and financial sectors, opened up new ideas for the development of China's securities market, and generated significant attention in the domestic securities and business communities.

In October 1995, CCX published the book named Fundamental Analysis of Chinese Listed Companies, which presented research findings of all listed companies before the end of June 1995 and conducted the first-ever evaluation of stock ratings for listed companies in China. This book has been published for ten years, pioneering research in the Chinese securities market.

In September 1998, China Chengxin formed a strong partnership with Fitch, one of the three major international rating agencies. China Chengxin, together with Fitch International and the International Finance Corporation, jointly hosted an international seminar on credit rating at the Great Hall of the People while also holding the signing ceremony for the China Chengxin International joint venture. Combining national conditions and overseas experience, China Chengxin International successively revised and completed a new rating indicator system, developing new rating techniques and gradually aligning with international standards.

Since 1999, China Credit Rating Corporation has successively obtained credit rating qualifications in Fujian, Shanghai, Shenzhen, Jiangsu and other places. During this period, the credit rating business grew rapidly and became the core business of China Credit Rating Corporation.

In October 2000, China Chengxin increased its registered capital from RMB 20 million to RMB 80 million, bringing in new strategic investors and further strengthening the company's capital base. This move laid a solid foundation for the development of CCX's credit rating and investment businesses.