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Globe and Mail
2 days ago
- Business
- Globe and Mail
GTJAI Achieved 'Carbon Neutrality' at Operational Level for the Third Consecutive Year
HONG KONG, July 29, 2025 - (ACN Newswire) - July 25, Guotai Junan International Holdings Limited ('GTJAI' or the 'Company', stock code: a company of Guotai Haitong Group, is pleased to announce that while actively saving energy and reducing emissions，it has successfully offset its Scope 1 and Scope 2 carbon emissions totaling 609.29 tons of carbon dioxide equivalent for the year 2024 by subscribing to the carbon credits issued under the international Verified Carbon Standard (VCS). This marks the third consecutive year that GTJAI has achieved 'carbon neutrality' at the operational level, demonstrating the Company's leading practice and commitment to green operation. The carbon credits come from 'Guoluo Grassland Sustainable Management Project' located in Guoluo Tibetan Autonomous Prefecture, Qinghai Province, China. It is dedicated to the restoration of degraded grassland ecosystems, based on the holistic nature of the ecosystems, in line with the concept of ecological civilization construction, and to effectively respond to the challenges of climate change. The project is also the first grassland carbon project in China receiving both VCS certification and the Climate, Community and Biodiversity Standards (CCB) - CCB-Biodiversity Gold Level certification. In recent years, GTJAI has been continuously reducing its operational carbon footprint through systematic energy saving and emission reduction initiatives, which is the core support for the achievement of 'carbon neutrality', including vigorously implementing energy-saving renovation of office space, deepening digitalization and paperless transformation, and implementing stringent waste management (100% safe recycling of hazardous waste by 2024). Solid internal emission reduction efforts, combined with carbon offsetting through high-quality carbon credits, enabled the Company to achieve 'carbon neutrality' at the operational level. Adhering to the core philosophy of 'finance for the country, finance for the people, finance for the good', GTJAI has always placed sustainable development at the core of its corporate strategy. The Company is committed to supporting the real economy through financial services while facilitating the green transformation of its corporate clients. In 2024, the Company successfully completed 90 sustainable finance projects covering green bonds, sustainable bonds and green sector IPOs with a total issuance volume of HK$179.8 billion, significantly broadening the financing pipeline for the green industry. Meanwhile, the private equity sector is actively engaged in the sustainability sector, with more than half of its investments focusing on ESG-related industries. Looking ahead, GTJAI will deepen the level of ESG governance, fully integrate ESG factors into its operations and management processes, further leverage its professional strengths and enhance the level of green financial services capabilities. Through innovative products and services, GTJAI will proactively contribute to the realization of the country's 'dual carbon' goal and promote the high-quality development of the economy and society. About GTJAI Guotai Junan International ('GTJAI', Stock Code: a company of Guotai Haitong Group, is the market leader and first mover for internationalization of Chinese Securities Company as well as the first Chinese securities broker listed on the Main Board of The Hong Kong Stock Exchange through initial public offering. Based in Hong Kong with subsidiaries in Singapore, Vietnam and Macau, GTJAI's business covers major markets around the world, offering high-quality and diversified comprehensive financial services for clients' overseas asset allocation. Core business includes brokerage, corporate finance, asset management, loans and financing, financial products, which cover three dimensions including individual finance (wealth management), institutional finance (institutional investor services and corporate finance) and investment management. GTJAI has been assigned 'Baa2' and 'BBB+' long term issuer rating from Moody and Standard & Poor respectively, as well as an MSCI ESG 'A' rating, Wind ESG 'A' rating and SynTao Green Finance 'A' rating in ESG. Additionally, its S&P Global ESG score leads 84% of its global peers. The controlling shareholder, Guotai Haitong Securities (Stock Code: is the comprehensive financial provider with a long-term, sustainable and overall leading position in the China's capital markets. For more information about GTJAI, please visit ]]> Source: Guotai Junan International Holdings Limited Copyright 2025 ACN Newswire . All rights reserved.
Yahoo
4 days ago
- Business
- Yahoo
GTJAI Achieved "Carbon Neutrality" at Operational Level for the Third Consecutive Year
HONG KONG, July 28, 2025--(BUSINESS WIRE)--Guotai Junan International Holdings Limited ("GTJAI" or the "Company", stock code: a company of Guotai Haitong Group, is pleased to announce that while actively saving energy and reducing emissions, it has successfully offset its Scope 1 and Scope 2 carbon emissions totaling 609.29 tons of carbon dioxide equivalent for the year 2024 by subscribing to the carbon credits issued under the international Verified Carbon Standard (VCS). This marks the third consecutive year that GTJAI has achieved "carbon neutrality" at the operational level, demonstrating the Company's leading practice and commitment to green operation. The carbon credits come from "Guoluo Grassland Sustainable Management Project" located in Guoluo Tibetan Autonomous Prefecture, Qinghai Province, China. It is dedicated to the restoration of degraded grassland ecosystems, based on the holistic nature of the ecosystems, in line with the concept of ecological civilization construction, and to effectively respond to the challenges of climate change. The project is also the first grassland carbon project in China receiving both VCS certification and the Climate, Community and Biodiversity Standards (CCB) - CCB-Biodiversity Gold Level certification. In recent years, GTJAI has been continuously reducing its operational carbon footprint through systematic energy saving and emission reduction initiatives, which is the core support for the achievement of "carbon neutrality", including vigorously implementing energy-saving renovation of office space, deepening digitalization and paperless transformation, and implementing stringent waste management (100% safe recycling of hazardous waste by 2024). Solid internal emission reduction efforts, combined with carbon offsetting through high-quality carbon credits, enabled the Company to achieve "carbon neutrality" at the operational level. Adhering to the core philosophy of "finance for the country, finance for the people, finance for the good", GTJAI has always placed sustainable development at the core of its corporate strategy. The Company is committed to supporting the real economy through financial services while facilitating the green transformation of its corporate clients. In 2024, the Company successfully completed 90 sustainable finance projects covering green bonds, sustainable bonds and green sector IPOs with a total issuance volume of HK$179.8 billion, significantly broadening the financing pipeline for the green industry. Meanwhile, the private equity sector is actively engaged in the sustainability sector, with more than half of its investments focusing on ESG-related industries. Looking ahead, GTJAI will deepen the level of ESG governance, fully integrate ESG factors into its operations and management processes, further leverage its professional strengths and enhance the level of green financial services capabilities. Through innovative products and services, GTJAI will proactively contribute to the realization of the country's "dual carbon" goal and promote the high-quality development of the economy and society. About GTJAI Guotai Junan International ("GTJAI", Stock Code: a company of Guotai Haitong Group, is the market leader and first mover for internationalization of Chinese Securities Company as well as the first Chinese securities broker listed on the Main Board of The Hong Kong Stock Exchange through initial public offering. Based in Hong Kong with subsidiaries in Singapore, Vietnam and Macau, GTJAI's business covers major markets around the world, offering high-quality and diversified comprehensive financial services for clients' overseas asset allocation. Core business includes brokerage, corporate finance, asset management, loans and financing, financial products, which cover three dimensions including individual finance (wealth management), institutional finance (institutional investor services and corporate finance) and investment management. GTJAI has been assigned "Baa2" and "BBB+" long term issuer rating from Moody and Standard & Poor respectively, as well as an MSCI ESG "A" rating, Wind ESG "A" rating and SynTao Green Finance "A" rating in ESG. Additionally, its S&P Global ESG score leads 84% of its global peers. The controlling shareholder, Guotai Haitong Securities (Stock Code: is the comprehensive financial provider with a long-term, sustainable and overall leading position in the China's capital markets. For more information about GTJAI, please visit View source version on Contacts ir@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17-07-2025
- Business
- Yahoo
Zangge halts lithium production in Chinese province of Qinghai
Chinese miner Zangge Mining, controlled by state-owned giant Zijin Mining, has announced a suspension of lithium production at its facility in Qinghai province following directives from local government officials, reported Reuters. The miner received a notice from Haixi prefecture authorities demanding an immediate stop to non-compliant mining activities, as per a Shenzhen exchange filing. The specific reasons for non-compliance were not disclosed in the filing. Zangge Mining had projected its lithium carbonate production to reach 11,000 tonnes (t) this year. However, operations can only recommence upon receiving approval from the local government. The company has indicated its intention to align its mining operations with compliance standards and to apply for a resumption of production. Zangge Mining stated: "Since it is not yet possible to determine the specific time of Zangge Lithium's resumption of production, the impact on the company cannot be predicted for the time being.' This uncertainty has contributed to volatility in the lithium market, leading to a significant increase in lithium prices. The most actively traded lithium carbonate futures contract on the Guangzhou futures exchange saw a sharp increase to nearly a three-month high following the news of the production halt. The news has positively influenced market sentiment for the critical electric vehicle battery material. Despite the production halt, Zangge Mining anticipates that the impact on its financial results will be minimal. The company expects to produce approximately 5,350t of lithium in the first half of the year. Zijin Mining acquired a controlling stake in Zangge Mining in May 2025, part of its strategy to expand in the lithium market. "Zangge halts lithium production in Chinese province of Qinghai" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
17-07-2025
- Business
- Bloomberg
Chinese Lithium Prices and Shares Rise After Zangge Mining Halt
Chinese lithium prices and company shares surged after a domestic producer said it was ordered by local authorities to halt mining of the battery material. Zangge Mining Co. said a fully owned unit received a notice on Wednesday from the government in Haixi in the western province of Qinghai to immediately stop illegal mining activities, and to adhere to the rules that govern lithium resources.
Reuters
17-07-2025
- Business
- Reuters
China lithium futures near 3-month high after Zangge announces production halt
BEIJING, July 17 (Reuters) - Lithium futures in China climbed on Thursday to a nearly three-month high after a production halt at a major lithium producer boosted sentiment for the electric vehicle battery material. Miner Zangge Mining ( opens new tab said in an exchange filing that it had halted lithium production at a mine in Qinghai province following orders from local officials. The most active lithium carbonate futures on the Guangzhou Futures Exchange jumped more than 4% in afternoon trade to hit 69,980 yuan ($9,749.51) per metric ton, the highest since April 21. "Speculative sentiment is pretty strong right now but the actual impact will be limited, said Chen Jing, a Beijing-based analyst at Galaxy Futures, referring to the production suspension of a subsidiary of Zangge. ($1 = 7.1778 Chinese yuan)
