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Nasdaq-listed NChain Electric (NAAS.US) was named in the 2024 edition of the Standard & Poor's Global Sustainability Yearbook (China Edition) and received special recognition for best 5%.

AInvestWednesday, Jul 17, 2024 2:30 am ET
1min read

On July 16, 2023, S&P Global, a global renowned rating agency, released the 2024 edition of the China Sustainable Development Yearbook, and New Energy Auto Supply Chain (NAAS.US) successfully entered the list of the yearbook due to its outstanding performance in the environment, society, and corporate governance (ESG), and was also the first time to be awarded the special commendation of the top 5% of the retail industry in the S&P Global "Corporate Sustainability Assessment" (CSA), creating the best performance in the third-party charging service field, and far exceeding the average level of the same industry. The S&P Global Corporate Sustainability Assessment (CSA) is one of the most historical, extensive, and authoritative global corporate sustainability assessments. This is the second year that S&P Global has released the China Sustainable Development Yearbook, with more than 1700 enterprises participating in the assessment, and a total of 129 enterprises have been listed in the yearbook, of which 39 have been awarded special commendation. New Energy Auto Supply Chain's entry into S&P Global (S&P Global) and its award of the top 5% commendation is a recognition of its ESG practice by international authoritative organizations.

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