Recently, China Securities Index Co., Ltd. rearranged index samples such as CSI 300, CSI 500, SSEC 50, SSEC 180, and STAR 50 according to index rules and the review results of the Index Expert Committee. STL(002648) was successfully selected for more than 50 indexes, including CSI 300. This rearrangement would come into force after the close on June 10th, 2022.

CSI 300 consist of 300 stocks with large scale and good liquidity in the Shanghai and Shenzhen markets, which is a representative composite index in China’s stock market. It reflects the overall performance of listed companies in the Shanghai and Shenzhen markets. According to the Index Compilation Method, selected stocks always have stable performance growth and good profitability.

Being chosen for SCI 300 demonstrates market acceptance of STL's overall strength and industry status.  STL uses light raw materials and insists on the development strategy of “Science and technology create the future.” Based on light hydrocarbon integration to build a low-carbon chemical new material technology company, to form a whole industrial chain production base with a high raw material supply barrier, green and low-carbon process, and high-end.

At the same time, STL was also selected for 7 ESG Indexes, including ESG, Leading, 300 ESG and Orient Securities Carbon Neutral Index. The top 100 listed companies from the SCI 300 were chosen by CSI Green Value 100 based on environmental protection, social responsibility, and corporate governance. It reflected the overall performance of the enterprise, which provided a performance benchmark and investment target for ESG investment. With the promotion of “Carbon Peak and Carbon Neutral”, the construction cycle of China’s Clean Energy System has started. The new era put forward higher requirements for the green development of listed companies.

Since started up from new acrylic polymer material, STL has already gone with a chemical new material route. STL insists on the mission of “Chemical makes a better life”, focuses on the real economy, uses science and technology creates the future. In 2021, the R&D input was over 1 bn RMB which was 126.91% year-on-year growth. What is more, STL cultivates talent capital. Since going public, STL has already implemented several employee stock ownership plans, constructed modern management mechanism of value incentive, actively responded to the policy of “Common Prosperity Demonstration Area”, built a platform for employees’ co-prosperity. Never forget why you started, and your mission can be accomplished. STL started up from new polymer material with functional chemicals industrial chain advantages and innovated further in the field of low-carbon chemicals. STL becomes a technology company generating tax revenue for the society, creating profits for shareholders, and generating incomes for employees, which achieves the mission of “Chemical makes a better life.”