Mountain High New Energy (01250) received a confirmation of an ESG issuer rating of "2" from Moody's, with a score of 80 points, demonstrating the effectiveness of its green transformation.

Zhongtong Finance APP News, Shanghao New Energy (01250) announced that on July 9, 2026, Fitch Evergreen Sustainable Assessments Limited ("Fitch Evergreen") confirmed the company's "2" Environmental, Social, and Governance ("ESG") entity rating (ratings range from "1" to "5" entity ratings, with "1" being the best rating) and an entity score of 80, an increase of 2 points from the 2025 rating, reflecting the Group's continued effectiveness and progress in implementing ESG management enhancement measures. In the ESG report and climate action white paper published within the year, detailed climate scenario analysis was conducted, Scope 3 emissions data were disclosed, an internal carbon pricing mechanism was established, and climate risks were integrated into a comprehensive risk management system. The company received a "good" rating in all environmental, social, and corporate governance indicators, reflecting the company's strong ESG performance and gradual integration of ESG considerations into business, strategy, and management, driving business and management innovation within the Group.