China Chengxin Green Finance Expands Hong Kong Business to Enhance ESG Fintech Services to Assist Enterprises Going Global

The Hong Kong Investment Promotion Agency announced that China Chengxin Group, one of the oldest and largest credit rating agencies in mainland China, is expanding its business in Hong Kong. Its green finance and environmental, social, and governance (ESG) business sector, centered around China Chengxin Green Finance, has today (September 1) carried out a strategic merger with Maiying Technology, a leading sustainable technology service platform in Asia, to establish a new entity called China Chengxin Maiying. China Chengxin Maiying will provide an ESG and sustainable development professional service platform for mainland enterprises looking to expand overseas, further solidifying Hong Kongs role as a springboard for mainland and international businesses to reach global markets. The strategic merger announcement and the product launch ceremony for the artificial intelligence system were held in Hong Kong today. Among the honored guests witnessing the merger launch were Mao Zhenhua, Founder and Chairman of China Chengxin Group; Cheung Yee-wai, Acting Deputy Commissioner for Digital Policy of the Hong Kong Innovation, Technology and Industry Bureau; Li Shuqing, Assistant Director of the Hong Kong Investment Promotion Agency; Wu Yilin, Assistant Director of International Affairs and Sustainable Finance of the CEO's Office at the Hong Kong Securities and Futures Commission; Zhao Jianneng, Head of Carbon and ESG Products at Hong Kong Exchanges and Clearing Limited; Philip Kam, CEO of the Asia Pacific Loan Market Association; Zhang Shunrong, Senior Director of the International Capital Market Association Asia Pacific; Chen Junjie, Secretary-General of the Hong Kong Green Finance Association; and Dr. Chan Ki Wah, Chairman of the Hong Kong Investor Relations Association. Li Shuqing stated, Hong Kong is well-positioned to meet the substantial green transformation demands from the mainland. The common law system, robust ESG framework, and leading professional services make Hong Kong an ideal platform for mainland businesses to develop international operations. We are pleased to see China Chengxin Green Finance leveraging Hong Kong as a base to collaborate with Maiying Technology, exporting Chinas ESG fintech services deeply integrated with artificial intelligence overseas, fully demonstrating Hong Kongs unique advantages as a super connector and super value-adding entity. Dr. Yang Junhao, Co-CEO of China Chengxin Maiying and International CEO of China Chengxin Green Finance, remarked, Hong Kong is the sustainable finance center of Asia, capable of seizing the vast opportunities in both the mainland and international markets. The increasingly solid ESG management framework in Hong Kong also brings significant advantages to our strategic layout in sustainable finance. Since opening in Hong Kong in 2022, we have become an externally accredited institution recognized by the Hong Kong Monetary Authority in 2023. Through this strategic merger with Maiying Technology today, we aim to use Hong Kong as a hub to extend our standardized and intelligent professional capabilities to the Southeast Asian and even global markets. China Chengxin Green Finance is one of the earliest professional institutions in mainland China to provide third-party services in green finance, with long-term expertise in green finance assessment and certification, ESG ratings and consulting, data services, and carbon neutrality research. Maiying Technology continues to promote the deep integration of artificial intelligence, data, and software in sustainable development scenarios. The Hong Kong Investment Promotion Agency provides one-stop support for China Chengxin Green Finance International in expanding its business in Hong Kong, including market information, business matchmaking, and connecting with local and overseas industry stakeholders, assisting in enhancing industry visibility and linking cross-regional market opportunities.