On December 27th, the Shanghai Stock Exchange (SSE) held its highly anticipated “Drops of Water Lake” High-Quality Development Conference for Listed Companies and the “Golden Quality Awards”ceremony. Gathered were leaders from the Shanghai municipal government, Xinhua News Agency, regulatory bodies, heads of the three major exchanges, top executives from financial investment institutions, and distinguished scholars. This event celebrated excellence in corporate governance and sustainability. SUMEC Group Corporation (hereafter referred to as "SUMEC") stood out among the participants, winning two prestigious awards: the SSE Golden Quality ESG Award and the Outstanding Secretary of the Board Award.
SUMEC has consistently aligned itself with national strategic initiatives, leveraging innovation as its core driving force. The company has fully embraced the integration of industry, innovation, and capital, positioning itself at the forefront of industrial upgrading. Over the past three years, SUMEC has demonstrated remarkable performance in its industrial chain segment, achieving a compound annual growth rate of over 26% in total profits. The contribution of the industrial chain to overall profit margins has steadily increased from 53% in 2021 to 63% in 2023.
Beyond focusing on economic benefits, SUMEC is deeply committed to Environmental, Social, and Governance (ESG) principles. The company champions green development and social responsibility. By specializing in green energy solutions, SUMEC offers comprehensive services including distributed photovoltaic construction, wind power, diesel generators, smart operation and maintenance for power stations, energy storage, charging stations, green electricity trading, and carbon asset management. These services support businesses in their transition towards low-carbon operations. Additionally, SUMEC actively engages in rural revitalization efforts and conducts extensive charitable donation activities, demonstrating its commitment to giving back to society.
Under the leadership of SINOMACH Group and the company’s board of directors, SUMEC maintains a professional and rigorous approach, continuously enhancing investor relations management. The company ensures timely and accurate communication of market information, listens attentively to market needs, and builds effective communication channels. It clearly articulates its strategic direction, fostering consensus both internally and externally while gradually expanding its influence.
Looking ahead, SUMEC will continue to uphold its professional spirit, striving to become a listed company respected by investors. The company remains dedicated to contributing to the prosperity and development of the capital markets.