Recently, the "China ESG (Corporate Social Responsibility) Release" and the grand ceremony, organized by authoritative institutions such as CMG Financial Program Center, the State-owned Assets Supervision and Administration Commission of the State Council, All-China Federation of Industrial and Commerce, Institute of Economics of Chinese Academy of Social Sciences, and China Enterprise Reform and Development Society, was held in Beijing. With excellent corporate governance performance and outstanding ESG indicators, COSL stood out among more than 6,400 A-share and H-share listed companies in China, and was selected into the list of " Pioneer 100 of ESG-Listed Companies in China", ranking 41st.

COSL has continued to strengthen the participation of the board of directors in corporate governance, proactively integrated ESG into its development, material decisions, production and operation, and striven to promote high-quality development. The Company has thoroughly implemented the concept of green development and ecological civilization, integrated environmental management into its daily operation, continuously strengthened the construction of environmental management system and actively promoted energy conservation, emission reduction and carbon reduction in order to help to facilitate clean, green and low-carbon transformation of its equipment, and make positive contributions to the realization of the carbon peaking and carbon neutrality goals and the construction of ecological civilization. COSL has resolutely fulfilled its social responsibility as a state-owned enterprise, participated in local construction for a long time, continued to make efforts on the establishment of  Hope Primary Schools, vigorously carried out consumer assistance and actively participated in marine salvage, performing its social responsibility as a central enterprise with practical actions. The Company has attached importance to communication with stakeholders and established various channels for daily and special communication with stakeholders to fully aware of their demands and expectations, and then transform these demands into the Company's ESG action objectives and plans, while also disseminating its ESG philosophy and responsibility performance to stakeholders.

The inclusion in the list of "Pioneer 100 of ESG-Listed Companies in China" is a high recognition from the capital market with COSL’s excellent performance in corporate governance. COSL’s guidance of the Five Development Strategies will lead it in the new era to build a world-class energy service company with Chinese characteristics, forge ahead and persistently build its core competitive advantages, striving for sustained success in its business.