PR94429

BEIJING, Feb. 7, 2022 /PRNewswire=KYODO JBN/ --

Chinese food and beverage giant Master Kong, also known as Tingyi Holding

Corp., has recently won the Hong Kong Corporate Governance and Environmental,

Social and Governance (ESG) Excellence Award 2021 for excellent ESG performance.

Master Kong supports the UN's Sustainable Development Goals. After being

selected as an outstanding case in a report issued by the United Nations

Development Programme, Master Kong has become a participant of the United

Nations Global Compact.

"Master Kong has been founded for nearly 30 years with the mission of

'promoting Chinese food culture' and the philosophy of 'operating sustainable

business and giving back to society'. Besides, the company believes that solid

corporate governance plays a vital role in advancing the company's long-term

development and shining its corporate value," said Ms. TSENG Chien, executive

director of Master Kong.

Master Kong believes "Sustainable Development is Good Development", and sets

"Keep Our Nature Green" as its sustainability strategy, and keeps on working

hard to become "A Respected Enterprise", Mr. Frank Wang, executive vice

president of CEO Office of Tingyi Holding Corp., said at a roundtable

discussion on "Green and Low-carbon Economy Transformation" during the 4th

China International Import Expo, adding that Master Kong carried out a series

of work on energy saving and carbon reduction by promoting green development in

supply chain transformation, developing healthy and nutritious products, and

educating young consumers with sustainable lifestyle.

Besides, Master Kong has devoted itself to shouldering more social

responsibility in China. The company donated anti-COVID-19 material supplies to

837 hospitals in 26 provinces and 299 cities nationwide, and provided over 1.2

million pieces of flood-relief supplies to the flood-hit central province of

Henan to support flood relief and post-disaster reconstruction.

Mr. Richard Chen, CEO of Master Kong, said in a roundtable dialogue at the 2020

Boao Forum for Entrepreneurs, "As a national brand and a listed company, Master

Kong will continue to explore and improve its performance in sustainable

development, and share the happiness brought by 'Life+ Delicacy' with all

stakeholders".

Inaugurated in 2007, the Awards, designed to encourage improvement in corporate

governance and ESG of listed companies in Hong Kong, are conferred annually by

the Chamber of Hong Kong Listed Companies and the Centre for Corporate

Governance and Financial Policy, Hong Kong Baptist University.

Original Link: https://en.imsilkroad.com/p/326019.html

SOURCE: Xinhua Silk Road

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