China Chengxin Green Finance International Co., Ltd. (referred to as “CCXGFI”), recognized by the Hong Kong Monetary Authority’s Green and Sustainable Finance Grant Scheme, was engaged by Micro Connect as an external assessment institution. CCXGFI conducted an in-depth evaluation of Micro Connect’s Social Finance Framework and provided a second-party opinion on the framework.
Micro Connect established its Social Finance Framework to conduct social bonds or loans financing, supporting projects that contribute to positive social impacts and advancing its sustainable development strategy.
The funds raised through such transactions will be allocated to eligible social financing project categories, including job creation and measures to prevent and/or mitigate unemployment caused by socioeconomic crises. This includes providing financing services listed on the Micro Connect (Macau) Financial Asset Exchange, contributing to the achievement of the United Nations Sustainable Development Goals 1, 5, 8, and 9.
CCXGFI confirms that the four core elements of Micro Connect’s Social Finance Framework align with the Social Bond Principles (SBP) 2023 edition published by the International Capital Market Association (ICMA) and the Social Loan Principles (SLP) 2023 edition published by the Loan Market Association (LMA), Asia Pacific Loan Market Association (APLMA), and Loan Syndications and Trading Association (LSTA). The framework is highly relevant to the company’s sustainable development strategy, significantly increasing the likelihood of achieving the established social and economic sustainability goals.