On December 6th, during the heavy snowfall season of the lunar calendar, the Shanghai Hongqiao Greenland Platinum Rui Hotel was brightly lit and warm, and the highly anticipated "New Quality for Far East Benefit Harmony -2024 Jinniu Enterprise Sustainable Development Forum" and the "2nd Guoxin Cup ESG Jinniu Award Ceremony" were held here. Elites and industry leaders from regulatory agencies, local governments, listed companies, and investment institutions gathered together to focus on the forefront of ESG development and discuss ESG opportunities and challenges.

At the forum, the "2nd Guoxin Cup ESG Golden Bull Award" was announced with great fanfare. Thanks to its outstanding performance in the field of technological innovation, Sinosteel Luonai (stock code 688119) was honored with the "Top 20 Technology Leaders Award" at the "2nd Guoxin Cup ESG Golden Bull Award" and was invited to participate in the "2nd Guoxin Cup ESG Golden Bull Award" forum and award ceremony. The Guoxin Cup ESG Golden Bull Award is jointly selected by China Securities Journal and Guoxin Consulting Co., Ltd., aiming to jointly create a cooperation and development platform in the ESG field for Chinese listed companies that conforms to international development trends and has domestic professional authority. It provides a systematic and scientific evaluation index for the fair and objective evaluation of Chinese enterprises' practice of sustainable development concepts. The Golden Bull Award brand is a brand vigorously created by China Securities Journal and is one of the most credible and influential authoritative awards in the Chinese capital market.

The selection objects of the "2nd Guoxin Cup · ESG Golden Bull Award" are listed companies in mainland China. A total of 150 comprehensive lists and 100 sub lists (Top 20 Carbon Neutrality, Top 20 Technology Leading, Top 20 Governance, Top 20 Rural Revitalization, Top 20 New Talent) were selected, with a total of 250 listed companies. Sinosteel Luonai has been awarded the "2nd Guoxin Cup · ESG Golden Bull Award" for its technology leadership in the top 20. This is a full recognition and high evaluation of Sinosteel Luonai's active practice of ESG concepts, unwavering implementation of new development concepts, and vigorous exploration of technology innovation driven strategies in serving national strategies.

2024 marks the 20th anniversary of the United Nations Global Compact's introduction of the ESG (Environmental, Social, and Governance) concept, which is an important indicator for evaluating the sustainable development and long-term investment value of listed companies. In recent years, Sinosteel Luonai has deeply implemented the spirit of the 20th National Congress of the Communist Party of China and the Third Plenary Session of the 20th Central Committee, always adhering to the new development concept of innovation, coordination, green, openness, and sharing. Guided by national strategic needs, it has gathered strength to carry out original and leading scientific and technological research and development, vigorously promoted and inherited the spirit of scientists, and focused on solving the key problems of advanced refractory materials for new processes, new technologies, and important equipment in high-temperature industry. Through a series of mechanism innovations such as systems, talents, and incentives, it has created a two-level innovation platform for technology research and development and the transformation of scientific and technological achievements. It has built a scientific and technological innovation system that faces the needs of high-temperature industry, industry technological progress, and its own healthy development at three levels, and has achieved multiple national, provincial, and ministerial level scientific and technological innovation achievements such as the second prize of The, Made positive contributions to promoting high-quality development of high-temperature industries.

In the future, Sinosteel Luonai will adhere to the "four orientations", accelerate the high-level technological self-reliance and self-improvement of refractory materials and related industries, deeply integrate the capital operation of the Science and Technology Innovation Board with the independent technological innovation of enterprises, create a more competitive and sustainable technological innovation system, actively fulfill social responsibilities, focus on improving corporate governance, master "hard technology", demonstrate "new strength", and contribute more to promoting the upgrading of traditional industries, leading the "new trend" of green and low-carbon development, and enhancing national innovation strength!