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    600309   CNE0000016J9

WANHUA CHEMICAL GROUP CO., LTD.

(600309)
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Wanhua Chemical : Won ecovadis Gold Medal

06/16/2021 EDT
Wanhua Chemical Won ecovadis Gold Medal
TIME :2021-06-16

On June 14 2021, Wanhua Chemical scored a whopping 67 in the global corporate social responsibility (CSR) assessment by EU-based EcoVadis, winning its first gold medal recognition. This gold status places Wanhua among the top 5% of the over 65,000 companies that EcoVadis has assessed.

The Gold medal status conferred by EcoVadis not only recognizes Wanhua's sustainable development, but also highlights Wanhua's commitment to boosting sustainable development and creating a sustainable win-win ecosystem. Wanhua Chemical will continue to explore new possibilities and improve its ability to develop sustainably in the future. Wanhua's corporate mission 'Advancing Chemistry, Transforming Lives' will be achieved through the company's excellent performance in sustainable development.

Launched in France, EcoVadis assessment was jointly established by several NGOs including TFS-CI ('Together for Sustainability'-Chemical Initiative), UN Global Compact, and IPE (Institute of Public and Environmental Affairs) as a platform dedicated to downstream international supply management organizations. It has incorporated all aspects of corporate governance during corporate operations except quality, and carries out comprehensive assessments on an enterprise based on its scale and particular industry, in the form of online material submission. The assessment system primarily focuses on five elements of an enterprise, namely, overall status, environment, labor and human rights, business ethics, and sustainable procurement. EcoVadis recognition provides a cooperative platform for customers and suppliers, to assist enterprises in assessing the environment and social performance of suppliers worldwide, covering over 150 business areas across over 120 countries.

Disclaimer

Wanhua Chemical Group Co. Ltd. published this content on 16 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 June 2021 15:16:02 UTC.


© Publicnow 2021
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Sales 2021 124 B 19 166 M 19 166 M
Net income 2021 24 324 M 3 770 M 3 770 M
Net Debt 2021 26 234 M 4 066 M 4 066 M
P/E ratio 2021 14,5x
Yield 2021 2,81%
Capitalization 352 B 54 473 M 54 522 M
EV / Sales 2021 3,06x
EV / Sales 2022 2,85x
Nbr of Employees 17 581
Free-Float 44,0%
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Number of Analysts 20
Last Close Price 111,45 CNY
Average target price 155,66 CNY
Spread / Average Target 39,7%
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Guang Wu Kou President, General Manager & Director
Zeng Tai Liao Chairman
Xiao Sun Chairman-Supervisory Board
Wan Bin Zhang Independent Director
Yong Jian Bao Independent Director
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