On January 18, 2024, Zhenjiang Media & Culture Industrial Group successfully issued a 7.2 billion yen green bond in Hong Kong, marking the first offeshore green bond from Zhenjiang, Jiangsu Province. The bond has a coupon rate of 1.68%, setting a historic low for three-year overseas bonds issued by state-owned enterprises in Zhenjiang. China Chengxin Green Finance International Co., Ltd. (CCXGFI) provided a second-party opinion on its Green Finance Framework of Zhenjiang Culture & Broadcasting Industry Group.

CCXGFI's assessment determined that the four core elements of the Green Finance Framework of Zhenjiang Culture & Broadcasting Industry Group align with the requirements set forth in the Green Bond Principles 2021’ (including June 2022 Appendix 1), ‘Social Bond Principles 2023’, ‘Sustainability Bond Guidelines 2021', ‘Green Loan Principles 2023', ‘Social Loan Principles 2023’, the ‘Green Industry Guiding Catalogue 2019’ published by the National Development and Reform Commission and six other ministries, and the ‘Green Bond Endorsed Projects Catalogue (2021 Edition)’ issued by the People's Bank of China and two other ministries. The framework is strongly aligned with the company’s sustainable development strategy, significantly increasing the likelihood of achieving the intended environmental goals.

The Green Finance Framework will guide the company in issuing green, sustainable, and socially responsible bonds and loans. The funds raised from this green bond will be used, in accordance with the issuer's framework, for projects related to clean transportation and associated infrastructure.

Zhenjiang Culture & Broadcasting Industry Group remains committed to the "Media+" strategy, deepening the integration of media with technology, and expanding the convergence of media with big data, new energy, and other industries. The company is focused on supporting the national goals of "carbon peak" and "carbon neutrality" by developing clean transportation initiatives centered around new energy charging stations. By expanding the coverage of electric vehicle charging services in Zhenjiang, the Group aims to create the "Wenguang Supercharging Ecosystem," contributing to the development of a low-carbon Zhenjiang and supporting the implementation of the green city strategy.