Statement on ESG Integration in 

GTJAI Equity Capital Market Business

The main business of the equity capital market (ECM) department is to participate in the underwriting of new stock issuance (IPO) in the Hong Kong or US stock market as an underwriting syndicate and participate in the secondary market share issuance as a placement agent.

The GTJAI Equity Capital Market highly valued the ESG risks and climate risk that may potentially bring material damage and economic loss to the economy and human being. Therefore, our ECM is dedicated to assisting clients with outstanding ESG performance to enter the capital market and promote the sustainable development of clients. The business has formulated its ESG Policy which covers:

For unlisted clients, ESG assessments will be conducted on clients using reference information from the Sustainability Accounting Standards Board (SASB) Materiality Map and MSCI ESG Industry Materiality Map on the market. One screening and evaluation criteria for stock underlying targets is to determine whether the issuer pursues economic benefits while accounting for ESG factors. Corporate clients that prioritize ESG can achieve better resources utilization and employ innovative management models. Enterprises with outstanding ESG performance are given priority as project participants.

For listed clients, the ESG performance of listed companies can be assessed through public resources provided by well-known data providers ESG rating agencies. At the same time, the annual ESG reports of listed clients and their ESG ratings (if any) will be examined to reach ESG standards in to achieve sustainable business development. We will also actively explore the needs of companies to raise funds in the capital market in terms of ESG and their business development.

On the other hand, our ECM business will actively control and reduce paper consumption and printing in the department, which can reduce paper waste and reduce the usage of print cartridges. The pre-listing research report is changed from a print version to an electronic version (via Net Roadshow’s Research FN Service) for investors.

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