--- title: "Xingyu Co., Ltd. Wind ESG rating upgraded to A, comprehensive score 7.69, leading rating in the automotive parts industry" type: "News" locale: "en" url: "https://longbridge.com/en/news/288149941.md" description: "On May 29, 2026, Xingyu Co., Ltd.'s Wind ESG rating was upgraded from BB to A, with a comprehensive score of 7.69, ranking in the top 8.02% of the automotive parts industry. The company has made improvements in environmental, social, and governance dimensions, particularly excelling in climate change management and energy efficiency, and has set clear carbon neutrality goals" datetime: "2026-05-30T15:32:09.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/288149941.md) - [en](https://longbridge.com/en/news/288149941.md) - [zh-HK](https://longbridge.com/zh-HK/news/288149941.md) generator: "portal-rs" --- # Xingyu Co., Ltd. Wind ESG rating upgraded to A, comprehensive score 7.69, leading rating in the automotive parts industry According to Tongbi Finance, on May 29, 2026, Changzhou Xingyu Automotive Lighting Co., Ltd. (stock abbreviation: Xingyu Co., Ltd., code: 601799.SH) was upgraded from BB to A in the Wind ESG rating. The company's comprehensive score is 7.69, higher than the average score of 5.83 in the automotive parts industry. It ranks 21st among 262 companies in the automotive parts industry, placing it in the top 8.02% of the industry. The scores for the environmental, social, and governance dimensions are 6.49, 6.59, and 7.08, respectively. Compared to the previous rating, the comprehensive score increased from 5.09 to 7.69, an improvement of 2.60 points. Among these, the contribution from management practices rose from 2.09 to 4.69, an increase of 2.60 points; the contribution from controversy events remained stable at 3.00. In terms of dimensions, the environmental dimension improved by 6.34 points, the social dimension improved by 4.10 points, and the governance dimension improved by 0.73 points. ## Rating Observation In the environmental dimension, the company has demonstrated a relatively complete climate change management system, with clear planning from management structure to goal setting, and has achieved certain results through practical actions. The company has established a climate change governance structure covering the entire organization, developed a "Carbon Emission Management Manual," and incorporated relevant goals into the performance assessment of senior management to promote the effective operation of carbon emission management. In 2023, the company's total greenhouse gas emissions (Scope 1 and Scope 2) amounted to 159,262.82 tons of carbon dioxide equivalent, with Scope 2 emissions accounting for as much as 99.62%, verified through ISO 14064 greenhouse gas verification. The company has set a mid-term goal to reduce carbon emissions per unit of output value by 40% and achieve a green electricity usage rate of 30% by 2030, with plans to achieve net carbon neutrality for new automotive lighting products across the entire value chain by 2050. In terms of energy management, the company has established an energy management system based on ISO 50001:2018, achieving energy savings of 3,047 MWh through distributed photovoltaic construction and energy-saving technological upgrades, with the gas-electricity ratio reduced to 0.095 kWh/m3, better than the national first-level energy efficiency standard. However, disclosures in the areas of waste and raw materials are relatively limited, and data on recycling rates and the use of green materials have not been fully disclosed. In the social dimension, the company has demonstrated strong organizational capabilities and performance in research and development and innovation, as well as high execution in product quality management. The company has established a global R&D network covering optics, mechanics, electronics, and software through ISO 56005 innovation management certification, including 16 R&D centers, forming a collaborative innovation pattern. By 2025, R&D investment will reach 884 million yuan, accounting for 5.79% of revenue, with the proportion of R&D employees at 27.62%, and the total number of effective patents reaching 2,843, with the number of intellectual property applications exceeding the annual target by two times. In terms of product quality management, the company has established a quality management system covering the entire process through multiple international standard certifications such as IATF 16949, ISO/SAE21434, and ISO 26262, achieving a product recall rate of 0% In addition, the company's testing center has 6 specialized laboratories and over a hundred testing devices, obtaining CNAS accreditation to ensure product reliability under extreme conditions. Nevertheless, there is still room for improvement in the disclosure of information regarding employee turnover in the hiring sector and support for difficult employees. In terms of governance, the company demonstrates a strong structural checks and balances mechanism and practical measures for ESG governance, but there is still room for improvement in diversification and governance independence. The proportion of independent directors on the board is 42.86%, and the percentage of independent directors with tenures exceeding 6 years and 9 years is both 0%, indicating a high level of independence. The company has established a three-tier ESG governance structure, including the board of directors, the strategy and ESG committee, and a management working group, clearly defining responsibilities and supervising goal progress. Additionally, climate change management goals are incorporated into executive performance evaluations, linking performance bonuses to indicators such as greenhouse gas emissions reduction. The attendance rate of board members reaches 100%, with female directors accounting for 28.57%, but the proportion of female executives is only 11.11%. Furthermore, the phenomenon of the CEO also serving as the chairman and a member of the compensation committee, along with overlaps with executives, may pose certain challenges to the governance checks and balances mechanism. Information such as the effectiveness assessment of the board and the verification of the ESG report has not yet been fully disclosed. Content generated by AI on May 29, 2026, please verify important information ### Related Stocks - [601799.CN](https://longbridge.com/en/quote/601799.CN.md) ## Related News & Research - [Hemisphere Energy Corporation declares CAD 0.025 dividend](https://longbridge.com/en/news/296493834.md) - [NORCO: Q2 saw robust growth and record orders, with infrastructure and energy leading performance](https://longbridge.com/en/news/296469313.md) - [MINEST: Record-breaking production and improved financials support global tidal energy expansion](https://longbridge.com/en/news/296446821.md) - [SBM Offshore Nears Halfway Mark in EUR227 Million Share Buyback Program](https://longbridge.com/en/news/296391671.md) - [Household energy bills expected to jump to three-year high in October](https://longbridge.com/en/news/296324151.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**