YTO Shares Selected as the Initial Sample Stock of the ESG Growth 100 Index of China's New Central Enterprises

On April 26th, the China National Reform ESG Achievement Conference was held, during which the evaluation system and results of China National Reform ESG were released.

Yituo Co., Ltd. was selected as the first sample stock of the "China Securities New Central Enterprise ESG Growth 100 Index" with excellent ESG practice and growth characteristics.

This index aims to multi-dimensionally explore the value mainline of state-owned listed companies, guide more social capital to efficiently gather in central enterprises, assist in the construction of a Chinese characteristic valuation system, and become a driving force to support the reform and innovation of state-owned enterprises, improve the quality of state-owned listed companies, and return valuation to a reasonable level.
Yituo Group has always strengthened its responsibilities and responsibilities as a listed company controlled by a central enterprise, enhanced mutual understanding and value recognition with various stakeholders, and is committed to achieving effective unity of enterprise value and social value. By releasing ESG reports for eleven consecutive years, we aim to disclose and showcase the company's performance in the fields of environment, society, and governance to stakeholders.

Remembering the Development Mission in the Responsibility Practice of "Dongfanghong"
Yituo Group has always adhered to the red gene, kept in mind its development mission, and guided the high-quality development of the enterprise with high-quality party building work. It focuses on stable operation, compliant operation, and sustainable development of the enterprise, empowering the traditional agricultural machinery industry with digitization to accelerate the transformation and upgrading process, actively meeting the urgent demand for high-quality, efficient, and adaptable agricultural machinery and equipment in China's agricultural modernization development, and firmly holding the bottom line of food security for the country Ensure the contribution value of stable and increased agricultural production.
Sowing the Seed of Responsibility in the Practice of "Oriental Red" Responsibility
Yituo Group firmly establishes a "win-win" concept of economic benefits and safety and environmental protection benefits, adheres to the bottom line of safety production, constructs an environmentally friendly operation model, and effectively takes safety, green, and sustainable development as the basic guarantee for production and operation work. In 2022, "Dongfanghong" fully implemented the "National Fourth" switch and delivered high scores in the comprehensive examination of the "National Fourth" emission upgrade in the agricultural machinery industry, once again demonstrating the confidence and strength of industry leaders.
The responsibility practice of "Dongfang Hong" creates a harmonious picture
Yituo Group solidifies the foundation of stakeholder responsibility, establishes the concept of integrated supply chain and industrial chain, fully protects the legitimate rights and interests of customers, actively enriches product portfolio while ensuring product quality, meets customer core interest demands and differentiated needs, strengthens supplier management and empowerment, and promotes resonance between suppliers and other stakeholders and the company's development; Adhere to respecting and caring for employees, pay attention to safeguarding their legitimate rights and interests, unblock their career development channels, and strive to share development achievements with employees; Based on our own advantages, we strive to give back to society and achieve a harmonious unity of economic and social benefits for enterprises.

In the future, Yituo Group will continue to practice the concept of sustainable development and the realization of corporate value, enhance mutual understanding and value identification with various stakeholders, and shoulder the responsibility of the new era and embark on a new journey together.
Extended Reading
ESG is an abbreviation for Environmental, Social, and Governance in English. It is an investment philosophy and evaluation standard that focuses on the environmental, social, and governance performance of enterprises. It can more effectively measure the sustainable development ability and moral impact of enterprises, and help investors better predict the future financial situation and performance of enterprises.