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The Times
("ZJLD" or the "Company", SEHK stock code: 06979.HK), the first baijiu enterprise listed on the Hong Kong Stock Exchange, is proud to announce its recent recognition with two esteemed awards: the "ESG Special Commendation Award" at the 2025 Best Corporate Governance and ESG Awards hosted by the Hong Kong Institute of Certified Public Accountants (HKICPA), and the "UN Sustainability Impact Award for SDGs" presented by the APEC Digital Trade and Business Innovation Forum with Excellence Award for Corporate. These dual honors, conferred by a leading Hong Kong professional institution and a premier Asia-Pacific international platform, fully underscore ZJLD's excellence in ESG governance and its enduring commitment to sustainable development.

These accolades not only fully affirm the Group's long-term strategic achievements in sustainability but also signify that Chinese baijiu enterprises are reaching both local industry benchmarks and internationally recognised ESG standards. As Hong Kong's statutory accounting body, HKICPA has hosted the Best Corporate Governance and ESG Awards since 2000, establishing a gold standard for corporate governance, disclosure, and reporting across sectors. ZJLD's recognition reflects the Institute's endorsement of the Group's comprehensive ESG framework, from top-level design to frontline implementation. Meanwhile, as a premier Asia-Pacific "Culture + Business" innovation summit, the APEC Digital Trade and Business Innovation Forum's conferral of this honor on ZJLD also marks that its sustainable development model has aligned with international best practices and has earned high regard within regional cooperation mechanisms.

Mr. Ng Paul, Vice President of International Affairs at ZJLD Group, remarked, "We are deeply honored to receive these two prestigious awards and sincerely thank HKICPA and the APEC Forum for their recognition. This is not only a mark of distinction but also a call to action—affirming the market's strong endorsement of our ESG-driven approach to high-quality development." He added that the Group will take this milestone as a new starting point to further embed ESG principles across its operations and value chain. "From advancing green production through packaging innovation and carbon reduction, to expanding agricultural empowerment and co-developing ESG governance mechanisms with suppliers, and leveraging global platforms like APEC to promote China's baijiu sustainability model across the Asia-Pacific—we are committed to delivering long-term value for our shareholders, partners, employees, and society at large."

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The issuer is solely responsible for the content of this announcement.

About ZJLD Group Inc.

Zhen Jiu was established in 1975 in Zunyi, Guizhou, China's primary production area of sauce-aroma baijiu. In 1988, it was honored with the National Quality Award at the 5th National Wine Appreciation Conference. In the same year, it was announced by the Protocol Department of the Ministry of Foreign Affairs, the Communication Department of the Ministry of Economy and Trade, and the Great Hall of the People Management Bureau to become one of the two sauce-aroma baijiu served at state banquets. It is also known as one of the "Three Representative Baijiu Brands in Guizhou".

ZJLD Group Inc. is a leading baijiu group in China that is devoted to offering premium baijiu products, including sauce-aroma, mixed-aroma, and strong-aroma. In 2023, the Company was the third-largest private baijiu company in China in terms of revenue, according to Frost & Sullivan statistics. It also was the largest IPO fundraising company on the Hong Kong Stock Exchange in 2023. The Company operates four baijiu brands in China, including two national baijiu, Zhen Jiu and Li Du, and two regional brands, Xiangjiao and Kaikouxiao. ZJLD prides itself on inheriting the time-honored baijiu-brewing techniques and reinvigorating them to develop iconic products. It strives to create a wide variety of aromatic and mellow baijiu products to meet the diverse preferences of consumers, seize broader market opportunities, and promote traditional Chinese baijiu culture.

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