According to Tongbi Finance, on May 29, 2026, Wolong New Energy Group Co., Ltd. (stock abbreviation: Wolong New Energy, code: 600173.SH) received a Wind ESG rating of B, unchanged from the previous period. The company's overall score is 4.77, below the real estate development industry average of 5.99. It ranks 131st among 171 companies in the real estate development industry, placing it in the bottom 24%. The scores for the environmental, social, and governance dimensions are 0.83, 1.18, and 5.79, respectively.

Compared to the previous rating, the overall score increased from 4.75 to 4.77, an improvement of 0.02 points. The contribution from management practices rose from 1.76 to 1.78, also an increase of 0.02 points. The contribution from controversy events remained stable at 2.99. By dimension, the environmental score decreased by 0.48 points, the social score decreased by 0.29 points, while the governance score increased by 0.92 points.

Rating Observation

In the environmental dimension, the company has disclosed specific practices related to climate change and energy, focusing on the application of energy storage devices and hydrogen production technology. The company uses energy storage devices to store renewable energy such as photovoltaic and wind power in industrial and commercial scenarios, effectively reducing the phenomenon of wind and solar curtailment and improving the utilization rate of clean energy. In the hydrogen production field, the company uses water as a raw material to achieve near-zero emissions, continuously optimizing electrolysis efficiency and reducing unit energy consumption, while promoting energy-saving renovations of equipment and water resource recycling to support low-carbon transformation. Additionally, the company adopts energy-saving insulation materials and smart lighting in the green building sector to reduce operational energy consumption. However, there is still significant room for improvement in the disclosure of quantitative data on greenhouse gas emissions and related verification information, which limits a comprehensive assessment of its environmental performance.

In the social dimension, the company provides comprehensive disclosures on employment issues, demonstrating high labor productivity and employee welfare levels. The company has established a compensation and benefits management system covering lunch subsidies, holiday benefits, major illness medical insurance, and assistance for employees in difficulty, and strictly implements a paid annual leave system to optimize the working environment for employees. In 2022, the average revenue per employee reached 4.4487 million yuan, with an average salary of 346,800 yuan, reflecting high economic efficiency. Furthermore, the company collects feedback through satisfaction surveys and employee forums to enhance employee sense of belonging. However, disclosures related to occupational health and safety production issues are relatively scarce, lacking information on management system certification or goal planning, which may affect the comprehensive assessment of management capabilities in this area.

In the governance dimension, the company demonstrates a certain level of board independence and the professionalism of the audit committee. The proportion of independent directors on the board is 33.33%, with none serving more than 6 years, and attendance rates reach 100%, indicating high participation and independence. The CEO does not concurrently serve as chairman, and the chair of the audit committee is an independent non-executive director, with independent directors accounting for 66.67%, further strengthening the governance checks and balances mechanism. Additionally, the proportion of female directors is 22.22%, and the proportion of female executives is 25%, indicating a certain degree of diversity. However, the disclosure of the ESG governance structure and related mechanisms is relatively limited, which may affect the comprehensive assessment of the company's governance capabilities in this area Content generated by AI on May 29, 2026, please verify important information