COGO Actively Strengthens Investor Relations and Promoting Green Building Development
China Overseas Grand Oceans Group Limited (“COGO” or “the Group”) is one of the leading real estate developers in Mainland China, and pays high importance to steady operation and seizes market opportunities. The Group adheres to the Investor Relations strategy of “good storytelling, proactive communication, innovative mind, increasing recognition”, and maintains communication with the market, helping investors to understand the Group’s development in a timely manner.
Actively Improve Investor Relations Function
Facing the downward pressure of the real estate industry and the in-depth adjustment of the market competition pattern, as a real estate company with SOE background, COGO constantly refines the timetable and working content of its investor relations work plan, and regularly reports the progress and implementation to the Chairman of the Board. The Investor Relations team actively organizes and participates in several investor non-deal roadshow meetings to maintain communication with the market, helping investors to keep abreast of the Group’s development in a timely manner.
In addition, the Investor Relations team pays attention to the two-way communications with investors, allowing investors to raise questions and provide suggestions on the current and future development of the Group. On the other hand, the Group can gain insights from investors on how to provide more valuable information and convenient communication experience. The investor opinion survey will be conducted at the end of each year which the work plan for the following year will be adjusted based on the feedback accordingly.
The Group is constantly seeking innovation in its Investor Relations work. In terms of communication forms, the Group flexibly adjusts according to investors’ preferences and adopts a variety of conference forms, such as offline face-to-face meetings, Zoom meetings, conference calls and third-party platforms. COGO actively sets up digital investor relations platforms, utilizing technology to resolve the communication difficulties caused by COVID-19.
Foresight to Popularize Green and Low-Carbon Buildings
COGO is determined to develop green, intelligent and high-quality property projects, promoting the popularization of ultra-low energy consumption buildings to contribute own efforts to the State’s dual-carbon goal. As of the end of 2021, the Group had 139 green building certified projects with a gross floor area of 26.84 million square meters.
Among all the green construction projects, the Hohhot China Overseas Heshan Daguan Project, located at Inner Mongolia, is a unique one. Designed in accordance with the requirement of the three-star standard of Green Building and Healthy Building Certifications, it is the first large-scale ultra-low energy consumption residential project in the severe cold area of Mainland China, which was awarded the “Ultra-low Energy Building” and the Two-star Healthy Building Certifications by the Passive Ultra-low Energy Building Division of the China Association of Building Energy Efficiency. This project has adopted passive approaches to reduce the active heating and cooling demand of buildings significantly. The heating and energy-saving rate of the project reaches up to 92%, which is more than 50% lower than the energy consumption of energy-saving design standards of residential building in China, achieving an annual emission reduction of 9,630 tons of carbon dioxide.
Endeavoring to Implement Low-carbon Management
Adhering to the business philosophy of low-carbon management, COGO actively practices energy conservation and waste reduction, incorporating the concept of environmental protection into different property projects. Among them, China Overseas International Center in Beijing and China Overseas Plaza in Huizhou are two outstanding examples of its low-carbon management. In 2021, the Group has accumulatively invested over RMB 12 million in improving the construction quality of China Overseas International Center to ensure the operational quality and project sustainability.
The China Overseas Plaza in Huizhou is a complex project consisting of high-end apartments, five-star hotels, office buildings and district malls. It adopts green innovation as its architectural theme, with all processes including planning, design, construction and operation implemented in “Green Sustainable Development Strategy” to reduce the intensity of pollution emissions and enhance the efficiency of resource utilization. Moreover, COGO is committed to making this project the Group’s first “Two-star Green Building” project in Huizhou, setting a benchmark and leading the green and low-carbon development in the city.
Contributing to the Society to Promote Social Harmony
COGO strives to strengthening ties with local communities, understanding their actual needs, and actively promoting social harmony through its influence on the community. Among them, COGO donated to build Wenjiahe Hope Primary School in Gansu Province. Inside the campus, the Group deliberately preserved the original vegetation and 40-year-old spruce trees, which demonstrated its endeavor in education and conservation. The school was therefore awarded the MUSE Design Awards Silver Winner, recognizing the Group’s effort.
To further give back to the society, each district company of the COGO has established a “China Overseas Club”. With the service concept of “Wonderful and Excellent Life”, China Overseas Club regularly organizes customer care activities. In the face of the COVID-19 outbreak, the regional companies organized the distribution of epidemic prevention materials to the neighboring schools, sent care and support to the nucleic acid testing personnel, and held free medical consultations with property owners, and distributed epidemic prevention materials. Employees from the Group’s Hong Kong office also made their contribution through active participation in volunteering service. The Group has donated adult and child masks, face masks, and rapid test kits to various charitable organizations, including Hong Kong Playground Association and Ronald McDonald House Charities (RMHC) Hong Kong, to fulfill its corporate social responsibility and join hands with the community in the fight against the pandemic.
Looking Forward to Leading the Future of Sustainability
To keep abreast of the development trends of Internet and new media Era, COGO actively improve the investor relations work in the future based on building up the digital IR platforms. It constantly strengthens its investor relations, maintaining good communication and understanding between the Group and investors. Through timely delivering accurate corporate information to the capital market, it enhances the information transparency and improves company image of the Group, which will ultimately reflect COGO's market value and consolidate investor confidence.
In the future, COGO will continue to develop high-quality, green, healthy, intelligent and comfortable property projects, improve the green building operation and management system, and promote the construction of green cities. COGO promises to continue to improve the “green sustainable development strategy” in the future, allocating more resources to environmental protection and giving back to the society, so as to open a new chapter in ESG, and join hands to move towards a sustainable future.