CIG Releases 2024 ESG Report, Receives AA Rating from WIND
Shanghai, China – June 3, 2025 – CIG Shanghai Co. Ltd (“CIG” or the “Company”, together with its subsidiaries, the “Group”) has released its 2024 Environmental, Social, and Governance (ESG) Report, showcasing the Group’s dedication to sustainable development. CIG achieved an AA rating from Wind Information Co., Ltd. (WIND)¹, placing it in the top 2% among the 12,000 companies listed on the Shanghai A-share and Hong Kong exchanges, as well as financial institutions covered by WIND’s ESG assessment. In 2024, CIG invested approximately USD 57.3 million (equivalent to CNY 409 million, based on the annual average exchange rate for 2024) in research and development, representing 11.19% of CIG’s annual revenue. This investment led to key achievements, including the mass production of 800G/400G optical modules and the launch of Wi-Fi 7 gateways and 25GPON ONTs in North America.
CIG’s ESG efforts span several areas:
- Environmental: CIG has focused on energy efficiency, carbon reduction, and waste management, aligning with global sustainability goals.
- Social: CIG provides a positive work environment, supports local communities through donations, and works closely with suppliers to ensure sustainability across its global supply chain.
- Governance: CIG follows a robust governance structure, ensuring transparency, risk management, and ethical decision-making throughout all levels of the company.
The 2024 ESG Report has been independently verified by TÜV Rheinland², a Germany-based company that certifies the accuracy and integrity of the data. The full report can be accessed through this link: https://www.cigtech.com/UploadFiles/CIG-ESG-Report.pdf.
About CIG
Founded in 2005, the CIG Group is a global technology leader with affiliates in the United States, China, Japan, Malaysia, and Europe. With a unique combination of industry-leading R&D and advanced manufacturing, CIG delivers millions of high-performance devices annually and provides exceptional customer service worldwide.
CIG’s broad portfolio includes high-speed optical transceivers, wireless and broadband access, carrier Ethernet, and edge computing—enabling next-generation telecom and data center networks.
For more information about CIG, please visit www.cigtech.com.
Footnotes:
¹ Wind Information Co., Ltd.（WIND）is a leading financial data and analytics provider in China, widely used by domestic and international investors for its comprehensive coverage of China’s capital markets.
² TÜV Rheinland is a globally recognized independent testing, inspection, and certification body known for its credibility in ensuring product safety and compliance.
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