CHINA RISUN GP (01907) won the "Best Hong Kong Stock Connect Company" award at the "9th Zhitong Finance Capital Markets Annual Conference and Listed Company Awards Ceremony."
On December 11, CHINA RISUN GP (01907) was awarded the "Best Hong Kong Stock Connect Company" at the "9th Zhitong Finance Capital Markets Annual Conference and Listed Company Awards Ceremony."
The "Best Hong Kong Stock Connect Company" award considers the company's healthy governance structure, significant industry position, and strong main business, capable of providing investors with sustained and stable value returns. Since entering the Hong Kong Stock Connect in 2019, CHINA RISUN GP has continued to strengthen communication and interaction with investors through various formats, including online and offline communication meetings, reverse roadshow activities at the RISUN production park, mid-term and annual performance release conferences, etc. The shareholding of Hong Kong Stock Connect investors has continued to rise, reaching 6.72% of the total issued share capital as of December 10, 2024. During the period after entering the Hong Kong Stock Connect, the company has carried out 11 dividend distributions, bringing value to investors.
CHINA RISUN GP has independently or jointly constructed 9 production parks in cities including Xingtai, Dingzhou, and Langfang in Hebei, Yuncheng in ShanDong, Dongming, Hohhot in Inner Mongolia, Pingxiang in Jiangxi, and Sulawesi in Indonesia, and has successively provided operation management services for 15 coking and chemical companies, currently managing operations for 7. Starting from coke, RISUN has formed three unique chemical Industry Chains of carbon materials, aromatics, and alcohols, and has expanded into hydrogen new energy business, further extending the Industry Chain. The product range continues to diversify, with 17 coke production lines, 58 chemical production lines, and 4 high-purity hydrogen production lines, capable of producing 57 products across 5 categories, with a total operating capacity of 28.03 million tons/year (including 22 million tons/year for coke and 6.03 million tons/year for chemicals). Domestic and international trade has created a sales network and raw material supply channels covering the country and radiating globally.
CHINA RISUN GP deeply integrates into the Industry Chain to provide supporting services, striving to connect upstream and downstream and linking both domestic and international markets. With the launch and effectiveness of projects such as 0.05 million tons/year high-end polyamide New Materials and 5000 tons/year amine alcohol in the second half of 2024 to 2025, the company's comprehensive competitive advantage will further strengthen, and it is expected that the business volume of each Sector will fully improve in 2024 and 2025.
Through continuous investment in R&D innovation and capacity expansion and transformation of existing chemical facilities along with upstream and downstream support, CHINA RISUN GP continues to broaden and extend its Industry Chain, significantly enhancing profitability. The chemical Sector, as the company's second pillar industry and second growth curve, surpassed the coke sector in revenue and profit scale in 2023, making a more prominent contribution to the company's performance and reinforcing the overall synergy effect of the Industry Chain that is relatively independent, interrelated, mutually supportive, complementary, and collaborative with the coke sector.
The awarding of the "Best Hong Kong Stock Connect Company" to CHINA RISUN GP fully demonstrates the industry's and professional institutions' recognition of the company's overall business performance, corporate governance, investor relations, and outstanding performance in the Capital Markets. The company will fully leverage RISUN's nine core capabilities, which include forward research capability, strategic planning capability, business strategy capability, supply chain capability, digital operation capability, innovation capability, profitability capability, expansion capability, and correction capability, and rely on RISUN's nine competitive advantages: scale advantage, integrated advantage, park-based advantage, centralized marketing advantage, cost advantage, R&D innovation advantage, information technology advantage, safety and Eco-friendly Concept quality advantage, and risk control advantage. It will utilize RISUN's deep industry experience, sincere customer service system, rigorous operational management loop, first-class energy conservation and emission reduction technology, and complete integrated R&D innovation system to link global supply chain and Industry Chain resources to create multiple globally leading product lines and internationally leading industry brands. Through business model innovation, institutional mechanism innovation, and technological product innovation, it leads RISUN towards the future, transforming its development model from large-scale manufacturing to service-oriented manufacturing, and shifting its growth mode from market-driven investment promotion to innovation-driven transformation. These "two transformations" will help RISUN break through challenges and stand at the forefront, creating a world-leading energy and chemical company, generating greater value for shareholders, and contributing more significantly to social progress.