Joining the A-level ranks of corporate social responsibility information disclosure for listed companies—A Dialogue on Alashan’s Ecological Civilization

　　From August 29 to 31, a seminar on the preparation of corporate social responsibility reports for listed companies, together with the 3rd (2014) “Ecological Civilization – Alashan Dialogue” event, was held in Alashan Left Banner, Inner Mongolia. Over 200 participants attended the event, including representatives from government departments, stock exchanges, the China Association of Listed Companies, and listed companies nationwide, as well as experts and scholars. During the event, the China Association of Listed Companies and the Securities Times jointly released the “2014 Research Report on Corporate Social Responsibility Information Disclosure by Chinese Listed Companies.” Our company stood out among the 668 A-share companies that publicly disclosed their CSR reports, ranking seventh in the comprehensive evaluation—a significant improvement over last year’s ranking—and earning a place among the companies rated at Grade A.

　　“The desert governance efforts in Alashan serve as a vivid and compelling example of how the capital market can put social responsibility into practice. Not only have these efforts effectively restored the ecological balance in the Alashan region, but they’ve also turned Alashan into a concrete model and a practical platform for the capital market to focus on ecological civilization construction—providing an important guiding platform for the market and the entire industry to implement the spirit of the 18th National Congress and put the concept of ecological civilization into action,” said Zhuang Xinyi, Vice Chairman of the China Securities Regulatory Commission (CSRC), at a dialogue forum. The CSRC has consistently attached great importance to and supported listed companies in fulfilling their social responsibilities. In recent years, together with the Shanghai and Shenzhen Stock Exchanges, it has formulated and issued a series of regulatory guidelines. The capital market has also made some progress in establishing mechanisms to encourage listed companies to fulfill their social responsibilities. Mr. Zhuang further offered three recommendations on how the capital market can better promote corporate social responsibility: First, all relevant parties should support and assist listed companies in continuously refining and improving the preparation of their social responsibility reports, thereby enhancing the effectiveness of their disclosures; second, listed companies are encouraged to integrate social responsibility into their overall development strategies. Fulfilling social responsibility not only benefits current operations but also helps build momentum for future growth—a cornerstone of sustainable corporate development, especially for listed companies; third, the capital market should strengthen its support for companies that actively fulfill their social responsibilities. The capital market should strive to develop a comprehensive set of investment mechanisms geared toward social responsibility, providing companies that prioritize social and environmental concerns with advantages in pricing, financing, mergers and acquisitions, and other areas. This will help achieve a harmonious win-win outcome between ecological civilization construction and corporate development, thus promoting the comprehensive development of the economy and society.

　　The “2014 China Listed Companies’ Social Responsibility Information Disclosure Research Report” shows that in 2014, a total of 21 Chinese A-share listed companies achieved an overall rating of Grade A for their social responsibility information disclosure, accounting for only 3.41% of the total; 201 companies received a Grade B, representing about 30%; 366 companies were rated Grade C, exceeding 50%; and another 79 companies were rated Grade D.

　　At the seminar on preparing social responsibility reports for listed companies held on the 29th, our company, as a representative enterprise, shared Qizheng Tibetan Medicine’s insights and experiences in fulfilling its social responsibilities, receiving high praise from the attending experts and other companies. Experts noted that Qizheng Tibetan Medicine’s social responsibility practices have truly achieved a “top-level commitment” approach—integrating social responsibility into the company’s strategy and core business from top to bottom and from within outward. These practices not only highlight the company’s unique characteristics but also enable it to reap benefits while influencing communities and contributing to society—a reflection of the “Social Responsibility 3.0” stage currently advocated, which emphasizes fulfilling social responsibilities and creating shared value.

　　Social responsibility is an enduring challenge for every enterprise. In the future, Qizheng Tibetan Medicine will continue, with the support and guidance of the Shenzhen Stock Exchange, to explore ways of integrating corporate social responsibility into its strategic framework, ensuring operational compliance while dedicating itself to technological innovation, resource conservation, employee development, and cultural preservation. We are committed to fully embracing and contributing to a harmonious society, striving to become a sustainable, long-lived enterprise on the Qinghai-Tibet Plateau.