In June 2024, Agricultural Bank of China Shanghai Branch successfully issued the first green transformation financial loan of 50 million yuan to Asia Cube in Shanghai's coating industry. The loan will be used to support the low-carbon and green transformation of Asia Custo's factories.
The production technology of waterborne architectural coatings supported by this loan has been certified by United Equator and fully meets the technical requirements of green process for paint manufacturing in the Shanghai Transition Finance Catalogue (Trial). This milestone measure not only reflects the firm support of Agricultural Bank of China for green and low-carbon transformation, but also demonstrates the determination and action of Asia Custeustan as a leading enterprise in the industry in promoting the development of green building materials.
In recent years, both the national and local governments have issued a series of policies aimed at strengthening support for the green and low-carbon transition. Among them, the "Guiding Opinions on Further Strengthening Financial Support for Green and Low-Carbon Development" jointly issued by the People's Bank of China and other seven departments and the "Implementation Plan for the High-quality Development of the Green Building Materials Industry" jointly issued by the Ministry of Industry and Information Technology and other ten departments provide strong policy support for the transformation and upgrading of the green building materials industry. As the first stock listed on the main board of China's building energy conservation and decoration materials, Asia Cube has always adhered to the path of green development, adhered to the concept of sustainable development, actively responded to the national call for carbon neutrality and green and low-carbon development policies, and is committed to integrating the concept of green environmental protection of ecological protection into the construction of the base, product innovation and research and development, and manufacturing.
In terms of base construction, Asia Cube has formed the main framework of "1+5+20" China's large supply chain with 1 Shanghai headquarters, 5 comprehensive intelligent manufacturing bases (super factories) and 20 professional factories. Among them, the Yashi Chuzhou comprehensive intelligent manufacturing base is currently one of the largest, most comprehensive and most advanced manufacturing bases in China. The base covers an area of about 381 acres, with a green area of more than 39,000 square meters and a greening rate of 15.4%.
△ Asia Cuzhou comprehensive intelligent manufacturing base
In the direction of green environmental protection, energy saving, consumption reduction and sustainable development, Asia Custodian implements national strategic goals such as "2030 carbon peak" and "2060 carbon neutrality", and is committed to building a green and intelligent garden-style factory, and even spends tens of millions of dollars to build an RTO system for waste gas treatment.
△ Asia Cube continues to increase investment in environmental protection,
Do a good job of waste gas, sewage and dust treatment with high standards and strict requirements
In product innovation and R&D, as a leading manufacturer and service provider of green and energy-saving building materials, Asia Cube adheres to the brand positioning of "one company with comprehensive coating solutions", deeply studies the market environment and customer needs, and innovatively launches a series of green, environmentally friendly and energy-saving products. In 1999, Asia Cube led the development trend of functional architectural coatings in China and took the lead in proposing the concept of functional architectural coatings. In 2004, Asia Cube moved its headquarters from Hangzhou to Shanghai and launched the external wall insulation system product system. In 2007, Asia Cube took the lead in developing thermal insulation and decorative integrated boards, creating a new industry; In 2009, Asia Cube launched the real gold fireproof insulation board, which solved the pain point of the insulation core material of the finished board; In 2022, Asia Cube launched water-based industrial anticorrosive coatings; In 2023, Asia Cube will launch the effect texture coating, artistic conception paint, Hongcai granite, and Chuangjin plate CMCP...... From product construction to green and low-carbon transformation, Asia Cube has been committed to taking the lead and being a role model for Chinese enterprises.
△ Asia Custodian six product lines
In manufacturing, Asia Cube adheres to the promotion of green manufacturing and intelligent manufacturing, promotes the greening of the whole life cycle and production process, builds a green building industry chain throughout the life cycle, and comprehensively promotes green and low-carbon transformation with the mission of "resonating with the new era and serving a better life".
△ Asia Cube achieves through digital transformation
Intelligent Scheduling (APS), Intelligent Production (MES),
智能仓储（WMS）、智能物流（TMS），
Realize the information management of the whole link of supply and delivery
Asia Cube has always adhered to green development, and deeply rooted the concepts of environmental protection, energy conservation and low carbon in every aspect of enterprise development. Through this green loan, Asia Custeine will further accelerate the process of green transformation and concentrate resources on the R&D and production of green building materials such as water-based architectural coatings. We firmly believe that with the continuous increase of China's support for the green and low-carbon transformation strategy, more enterprises and financial institutions will actively respond to jointly promote the green transformation and sustainable development of China's economy, and contribute to building a greener, low-carbon and environmentally friendly future.