FUXING INTERNATIONAL EXECUTIVE DIRECTOR AND CO-CHAIRMANCEOChen Qiyu and Xu Xiaoliang were awardedIssued by Corporate Governance in Asia”Best in Asia PacificCEOprize”

At the same time, Fosun International won”Asia Pacific Sustainability Awards”and”Best Corporate Communication Award”

Hong Kong, June 4, 2024/Mainest/ -- On May 31, 2024, Asia Corporate Governance Magazine presented the 14th Asian Enterprise Excellence Awards to the Executive Director of Fustar International Limited (abbreviated as “FUSTAR International”, “FUSTAR” or the “Group”) (Stock Code: 00656). Co-CEOs Chen Qiyu and Xu Xiaoliang won the “Best CEO Award in Asia Pacific” by the magazine. In addition, Fustar International was also awarded the Asia Pacific Sustainability Award and Best Enterprise Communication Award.

Corporate Governance Asia is the most authoritative and influential corporate governance magazine in the Asia Pacific region. Award-winning companies are industry leaders and leaders and have been integrated over the past year in financial performance, corporate governance, corporate social responsibility, environmental protection, corporate communications and investor relations Excellent performance. Other winners of the 14th Asia Business Excellence Awards include: Sino and Real Estate,Sun Hung Kai Properties, New World Development, Bank of China (Hong Kong),China Mobile,China Telecom、China Unicom, China Sea Oil, China Petroleum, China Communication Services, etc., are well-known enterprises in the Asia-Pacific region.

Award Recognition Continues to Achieve Robust Performance Growth in Complex Macro EnvironmentESGOutstanding Companies

Corporate Governance Asia states that in 2023, in the face of a complex global external environment, businesses need to have sound strategic planning and demonstrate strong operational resilience in order to achieve solid business and financial growth and operational metrics. And in the context of a complex macro environment, it is more important than ever for businesses to take a proactive and responsible approach to sustainability.

Corporate Governance Asia noted that in 2023, despite the challenges of the global economy due to geopolitical factors such as geopolitics, Resusang remained strategically focused, focused on its main business, stable development, and improved operational capacity of its leading industries, and achieved solid performance. In a complex external business environment, as CEOs of a large global private enterprise, Mr. Chan Kai Yu and Mr. Xu Xiaoliang have been actively leading ROSTAR in doing business well, continuously strengthening sustainability management, proactively taking on corporate social responsibility, and actively doing environmental, social and governance (ESG).)'s work, and leveraging the resources and advantages of the resurgent global industry ecosystem, to continue to create good for the world, is why Mr. Chan Kai-yu and Mr. Xu Xiaoliang were awarded the “Best CEO Award in the Asia-Pacific Region”.

CHAN KAIYU, EXECUTIVE DIRECTOR AND CO-CEO OF FUSTAR INTERNATIONAL, SAID, “FUSTAR HAS ADHERED TO A SCIENCE-DRIVEN STRATEGY TO DRIVE INDUSTRY DEVELOPMENT WITH INNOVATION AND BETTER SERVE SOCIETY. In recent years, new breakthroughs have been made in anti-cancer drugs that we have developed, such as Cyceda (Aquillurea Injection), the first commercially available CAR-T cell therapy product in the country, enabling more and more Chinese lymphoma patients to have a longer survival time and even a “cure”. Resun hopes to help the public 'live a healthy 121' by pursuing an innovative strategy to produce more innovative results. In addition, in order to promote the sustainable development of Resurrection Star, in addition to technological innovation, we will continue to achieve the 'double carbon' goals and continue to cultivate an environment of well-being in the field of ESG.”

Xu Xiaoliang, Executive Director and Co-CEO of Fustar International, said: “Globalization is the core driver of the development of Embedded Genetics, and Fossil has been good at leveraging global talent to leverage global resources with global momentum, bringing us more great products and services and more families. In addition to the global “hard power” in its business, the “soft power” that Resusstar has accumulated in the globalization process is also valuable. At the end of last year and at the beginning of this year, we successfully organized a national non-heritage project in Paris for 29 years in a row, highlighting the charm of Chinese culture to the world. In the future, Pustar will continue to strengthen its global operations, create more good products for smart homes around the world, and take on the responsibility of a globalized enterprise with the power of a globalized enterprise.”

ESGExcellent rating, widely recognized by the market

Corporate Governance Asia points out that ResonStar has been continuously promoting ESG work globally, continuously strengthening ESG system construction and investment, significantly enhancing climate resilience and accelerating green development. At the same time, Pustar actively fulfils its corporate social responsibility, has performed well in various ESG rating indicators, and has gained widespread recognition in the market with its excellent ESG performance. As a result, Pustar has been awarded the Asia Pacific Sustainability Award and Best Corporate Communication Award, both in recognition of its commitment to global sustainability and its commitment to corporate social responsibility, as well as recognizing its persistence and efforts in actively disseminating ESG excellence.

Although the macro environment remains challenging in the post-pandemic era, Pustang has always been steadfast in its sustainability business and has made significant progress. In 2023, Fustar International's MSCI ESG rating remained AA for three consecutive years. It was the only MSCI ESG integrated company in Greater China to be rated AA-; Hang Seng Sustainability Rating was upgraded to AA- and was selected for the first time in the Hang Seng Sustainable Enterprise Index Constituent Stock; Sustainability Rating in S&P Global Enterprises The estimated performance is in the top 6% of its global peers and has been awarded the S&P Global Sustainability Survey 2024 with its “Industry's Best Advancement Enterprise” badge for two consecutive years; voted for the FTSE Russell Social Responsibility Index for two consecutive years Constituent shares.