The Shanghai Stock Exchange has formulated a special plan to promote and enhance the ESG ratings of listed companies on the Shanghai market.

The Shanghai Stock Exchange has formulated and completed the "Special Action Plan to Promote the Improvement of ESG Ratings of Listed Companies in Shanghai Stock Market". The implementation of the action plan will promote the entry of medium and long-term funds into the market and meet the relevant requirements of the "Five Focus Areas in Finance", connecting with the "Three-Year Action Plan to Promote the Improvement of ESG Information Disclosure Quality of Listed Companies in Shanghai Stock Market", aiming to further elevate the ESG rating level of listed companies in Shanghai Stock Market. The action plan centers on the core goal of improving ESG ratings of listed companies in Shanghai Stock Market. Focus is placed on addressing key and challenging issues in enhancing ESG ratings and implementing six major measures of work: providing rating guidance, promoting communication and exchange, improving information disclosure, forming best practices, enhancing positive incentives, and improving management performance.