on May 15baccaratextrait200ml, on the occasion of the 2024 National Low Carbon Daybaccaratextrait200ml, Huatai Securities Co., Ltd.(hereinafter referred to as "Huatai Securities") and Hubei Three Gorges New Building Materials Co., Ltd.(hereinafter referred to as "Three Gorges New Materials") completed the Hubei carbon quota repurchase transaction business, raising 13 million yuan for the company. This project is the first carbon quota repurchase transaction reached by a state-controlled listed company in the Hubei Carbon Market. It is also Huatai Securities's first carbon quota repurchase transaction business in the Hubei Carbon Market. It has established a demonstration benchmark for cooperation between securities companies and state-owned listed companies in the field of carbon finance and will help promote the continuous replication and promotion of carbon finance business in local carbon markets.
Carbon quota repurchase transactions are innovative financing tools in the carbon market that provide financing for enterprises through transactions. With the strong support of the Hubei Carbon Emissions Trading Center, Huatai Securities fully serves the carbon finance needs of Hubei carbon market emission control enterprises, gives full play to the role of financial services in the green development of the real economy, and helps enterprises revitalize existing carbon assets, broaden financing channels, and reduce capital costs, promote energy conservation, emission reduction and industrial upgrading, and effectively guide funds to green transformation.
As a national high-tech enterprise and a provincial technology center, Three Gorges New Materials has actively exerted its social responsibilities and responsibilities as a state-controlled listed company since the state-owned holding company was held by Yichang City at the end of 2023, continuously consolidated its green development capabilities, and continued to invest in large-scale equipment updates, energy-saving technological transformation, and comprehensive upgrading and renovation of environmental protection facilities. The funds raised this time will continue to be invested in energy conservation and carbon reduction and upgrading environmental protection facilities to achieve synergy and efficiency of pollution reduction and carbon reduction, and promote the high integration of green and low-carbon development and economic growth.
As the first MSCI ESG rating AA company in the domestic securities industry, Huatai Securities has integrated the concept of sustainable development into its overall strategy and continuously increased its strategic investment in green finance. The company actively participates in the construction and development of national and regional carbon markets, and builds a global market for domestic and overseas markets.
Carbon financial products and trading service capabilities to improve the liquidity and effectiveness of the carbon market. In the future, Huatai Securities will actively respond to the policy call for green finance to serve the construction of a beautiful China, continue to do a solid job in green finance, give full play to the leading role of green finance, steadily carry out carbon finance business nationwide, and support the high-quality development of the real economy.
