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 Sunny Optical Wins Another ESG Award with Contribution to Sustainable Development Recognized

On February 22, 2023, Sunny Optical Technology (Group) Co., Ltd., the world's leading optical expert, was awarded the ESG Award at the 4th InnoESG Prize Presentation. This was the second time for the group winning this award, affirming the Group's unremitting efforts and outstanding performance in sustainable development. The InnoESG Award is jointly organized by the Peace Center of the UNESCO Association, the SocietyNext Foundation and the Rotary Club. Past award-winning companies have spanned different industries, including Fortune 500 companies, listed companies, and international rating agencies, etc. It is aimed to recognize the businesses that are transforming the world with sustainable measures and to encourage those enterprises that have innovatively reformed their core business to adapt to and incorporate ESG aspects. 

Pursuing sustainable development is critical for a company to be long-lasting and strongly competitive in the long run, thus we have been carrying out ESG related management work and have disclosed ESG performance as a separate report for three consecutive years. The Group will continue to adhere to the core value of “Create Together” and firmly fulfills three major responsibilities on sustainable development. With business model that is technically innovative and sustainable, the Group hopes to make more contributions to the human society.

 23 February 2023

Sunny Optical Technology is Listed on the "2022 Forbes China Top 50 Sustainable Industrial Companies"
On February 7, 2023, Forbes China released the "2022 Forbes China Top 50 Sustainable Industrial Companies", and Sunny Optical Technology was included on the list.

On August 31, 2022, Forbes China launched the assessment of "2022 Forbes China Top 50 Sustainable Industrial Companies", which aims to identify industrial companies with far-reaching and outstanding achievements in sustainable development, and establish benchmarks for Chinese industrial companies to help them further optimize their sustainable development strategies, thereby contributing to the construction of a green China and evergreen enterprises. This assessment is based on the five dimensions of "management system, technological innovation, comprehensive efficiency, resource allocation and demonstration", which is independently designed by Forbes China, with a panel of experts invited to make a comprehensive assessment.

The companies selected this year are those who have been operating steadily for more than three years and have a domestic market capitalization or valuation over ¥30 billion, or revenue over ¥10 billion in the previous year. This honor not only indicates that the company’s stable and mature management system, but also its globally competitive advantages and its globally leading technology, making it an industry benchmark with high value of sustainable development.

In the future, Sunny Optical Technology will continue to pursue sustainable development and become a green pioneer and model in the optical industry.
 14 February 2023

The Company Issued its First Sustainability-Linked Bonds Successfully
On 17 January, 2023, the Company successfully issued 3.5-year U.S.$400 million 5.95% sustainability-linked bonds in compliance with Regulation S in the international bond capital market.

This issuance is another important milestone of the Company in the capital market. Citi and BNP Paribas are acting as joint global coordinators, and BNP Paribas, Citi, Crédit Agricole and UBS are acting as the joint bookrunners and joint lead managers of the issuance.

On 4 January, 2023, the Company announced its online roadshow presentations.   Senior management of the Company's conducted more than 15 deal roadshow meetings with approximately 200 investors on 5 and 6 January. The issuance was highly recognized by investors, attracted a large number of high-quality international investors, and was oversubscribed by almost 5 times.

This deal also makes a number of industry records: the first U.S. dollar sustainability-linked bonds for the technology manufacturing industry in Asia,and the first sustainability-linked U.S. dollar bonds by a Chinese enterprise.

The Company has adopted the greenhouse gas (“GHG”) reduction target as the Sustainability Performance Target(“SPT”) for the sustainability-linked bonds, namely a 20% reduction of Scope 1 and 2 GHG emissions intensity by the year of 2025 versus a baseline of the year of 2021. The issuance of the sustainability-linked bonds reflects the Company's commitment and determination to reduce GHG emissions, which will help the Company to achieve its dual carbon goals in a planned and targeted manner and further improve its sustainability capabilities.
20 January 2023

Sunny Optical Technology is Listed on the “2021 Hurun China Private Companies SDG Readiness 100”
On January 10, Hurun Research Institute released “Hurun China Private Companies SDG Readiness 100” for the first time, listing the top 100 Chinese private companies which are most in line with the United Nations' 17 Sustainable Development Goals (SDGs). Sunny Optical Technology is on the list.
The 17 SDGs set by the United Nations include No Poverty, Gender Equality, Climate Action, etc., with a total of 169 specific targets, aiming to fully solve the development problems in the dimensions of social, economic and environment in an integrated manner by 2030, and moving forward to a sustainable development path.
Hurun Research Institute is the world's leading authoritative research institute under the international media platform "Hurun Report". Hurun said that the list is the first report focusing on the sustainable development achievements of Chinese private companies, and the scope of the research is "Hurun China 500 Most Valuable Private Companies". Sunny Optical Technology's overall score ranked 46th on the list, placing the third in the electronic components industry. This honor shows that the company's work on the path to sustainable development has once again been affirmed and recognized by the authoritative research institutions.

27 January 2022

Sunny Optical Technology’s MSCI ESG Rating upgraded to A
With the continuous improvement of environmental, social and governance (ESG) legislation and regulation around the world, ESG compliance has become an important part of the company's overall operational compliance. Good ESG management can not only effectively reduce the corresponding compliance risks, but also help the company better conduct internal governance, attract talents, expand the market, build brand reputation, and cope with the challenge of climate change.
In order to effectively measure the performance of ESG, ESG rating results released by third-party institutions are generally regarded as an important auxiliary tool and KPI for enterprises to evaluate the status of ESG and make improvement plans. MSCI ESG Ratings, one of the most influential ESG ratings, recently released its latest results after a review of more than 14,000 equity/bond issuers. Thanks to its excellent ESG performance, Sunny Optical's rating has been upgraded from "BBB" to "A", placing it in the upstream of China's electronic equipment, instruments and components industry. According to the relevant report, 15% of the companies in China's electronic equipment, instruments and components industry could be rated "A" and above.
Since its inclusion in 2018, we have continuously upgraded the ESG rating for four consecutive years. The year-to-year improvement in the rating reflects the continuous improvement of our ESG information disclosure and management level, and will encourage us to continue to improve the overall performance of ESG and pursue high-quality sustainable development.
27 December 2021
Sunny Optical Joins Apple’s Clean Energy Program

Sunny Optical is proud to join Apple’s Clean Energy Program. We commit to power all of our Apple production with 100 percent clean energy. Learn more here:
28 October 2021

Sunny Optical Technology, a constituent of the Hang Seng Corporate Sustainability Index and  Hang Seng ESG 50 Index
Hang Seng Indexes Company Limited announced the latest results of its review of indexes. Sunny Optical Technology will be selected as a constituent of the Hang Seng Corporate Sustainability Index, becoming one of the top 30 of Hong Kong-listed companies with excellent performance with respect to corporate sustainability. In addition, Sunny Optical Technology will be selected as a constituent of the Hang Seng ESG 50 Index, becoming one of the top 50 ESG performance leaders with relatively high market-capitalisation listed in Hong Kong.
The selection to the two indexes reflects the recognition on the sustainable work by the Company from the capital market, and will stimulate the Company to pursue high-quality development, so as to create more value for shareholders.
21 August 2021

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