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Blue Moon Garners Three Industry Awards Recognized for Exceptional Management and ESG Performance
2024-12-27

(Hong Kong, 13 December 2024) — Blue Moon Group Holdings Limited ("Blue Moon" or the "Company", together with its subsidiaries, the "Group", stock code: 6993), a leading household cleaning solutions provider in China, is pleased to announce that the Group has distinguished itself from other listed companies with its outstanding comprehensive strength and remarkable achievements in aspects of environmental, social, and governance (“ESG”), winning the “Excellence in Corporate Governance” award from the Chamber of Hong Kong Listed Companies and the Centre for Corporate Governance and Financial Policy of Hong Kong Baptist University, the Merits Award of “Best in Reporting Awards(Mid Cap)” from the 6th BDO ESG Awards, as well as the "Listed Company Awards of Excellence" from Hong Kong Economic Journal, a professional local financial newspaper.

 

Winning the “Excellence in Corporate Governance” award for the first time greatly encourages the Group’s efforts in operations and management. Blue Moon firmly believes that the sustainable development of an enterprise is the guarantee of long-term returns for investors. The Group integrates the concept of sustainable development into daily operations and management, and move forward together with all employees, partners and stakeholders to contribute to social and economic development and a better life.


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Blue Moon Wins "Excellence in Corporate Governance"


This year is also recognized as the third consecutive year that Blue Moon has won the “Listed Company Awards of Excellence”. The Group has always been committed to optimizing and expanding its product R&D and sales channels, and making great efforts to enhance consumers’ preference for the Group. the Group leverages strong technological innovation capabilities to develop specialty products that meet consumers’ needs. The Group’s Zhizun “Concentrated+” uses technology to ensure low viscosity and stability, as well as a low-foam formula, allowing it to dissolve instantly in water and release its cleaning power rapidly. This year, Blue Moon further upgraded Zhizun “Concentrated+” Series, launched all-in-one Zhizun, which incorporates a variety of functions from the Zhizun product series and has become a new engine for the brand’s sales growth, ushering in a new era of more eco-friendly, convenient and efficient laundry solutions. At the same time, Blue Moon continues to expand and upgrade sales channels, with the goal of allowing more Chinese consumers to experience Blue Moon’s excellent products and services. In the future, the Group will continue to adhere to the principle of “providing cleaning solutions with heart and soul” to fully meet the cleaning needs of consumers.

 

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Blue Moon wins "Listed Company Awards of Excellence"


Furthermore, Blue Moon has received the BDO ESG Award for the second consecutive year. As a professional household cleaning solutions provider in China, Blue Moon has proactively pursued forward-looking technological advancements and research and development efforts over the years. This commitment enables Blue Moon to offer superior solutions for consumers' diverse cleanliness needs while steadfastly upholding green development principles. The Company consistently practices clean production and makes tangible progress in areas such as clean energy transition, sustainable packaging, and water resource management. Adhering to the ESG action principle of “Better products (services), Healthier environment and Greater society”, Blue Moon continuously strengthens ESG governance, embodies ESG values, enhances ESG performance, and strives to create lasting value for shareholders, customers, employees, and other stakeholders, empowering future growth.

 

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Blue Moon Wins the Merits Award “of Best in Reporting Awards (Mid Cap)” 


The Chamber of Hong Kong Listed Companies is a non-profit organization. It is committed to promoting communication between listed companies and relevant regulatory authorities, strengthening ties between listed companies in Hong Kong, fostering cooperation among listed companies from Hong Kong and Mainland China, and upholding Hong Kong’s position as an international financial and capital formation center. Since 2007, the Chamber and the Center for Corporate Governance and Financial Policy of Hong Kong Baptist University have jointly organized the Hong Kong Corporate Governance & ESG Excellence Awards annually to recognize and commend listed companies that have made outstanding achievements in shareholder rights, compliance, integrity, fairness, responsibility, accountability, transparency, board independence and leadership, and ESG.

 

The Hong Kong Economic Journal, as a professional financial media in Hong Kong, organized the "Listed Company Awards of Excellence" for the ninth year. It selects listed companies with outstanding performance through rigorous and professional evaluation in order to encourage listed companies to strive for excellence and progress. The selection process involves the use of EJFQ, a stock-tracking system exclusively developed by the Hong Kong Economic Journal. Companies are shortlisted based on four important criteria: the Piotroski F-Score, the number of recommendations made by professional analysts, share price performance, and financial performance. The list is then reviewed by a panel of industry leaders, industry associations, professional consultants and the organizer, and listed companies that have achieved exceptional performance are commended.

 

The BDO ESG Awards is organized by BDO Limited and supported by South China Morning Post and Hong Kong Economic Times, with the aim of recognizing outstanding Hong Kong-listed companies that have made positive impacts in the ESG realms. Since 2018 when the Awards was first launched, it attracted wide attention from the market, encouraging companies to incorporate sustainability into their business model, undertake social responsibility and advocate for sustainable development. This year, the sixth edition of the Awards received entries from over 110 companies, competing for categories namely “Best in ESG”, “Best in Reporting”, “ESG Report of the Year”, the “Theme Award” and “Outstanding ESG Performance of H-share Companies”. "Carbon Neutrality" is the theme of the Awards, emphasizing the crucial role that companies play in mitigating climate change and shaping a future that is carbon-free, more environmentally friendly, and better equipped to address climate change. 


 Piotroski F-Score (abbreviated as F-score) is a stock selection strategy for screening stocks with better fundamentals. It uses historical data to test three major criteria: profitability, financial strength and operating efficiency.


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