SHENZHEN, China, Dec. 30,
2024 /PRNewswire/ -- RLX Technology Inc. ("RLX
Technology" or the "Company") (NYSE: RLX), a leading global branded
e-vapor company, has recently achieved an "AA" rating in the MSCI
ESG rating, upgraded from an "A" rating. RLX Technology has secured
the top position in the global e-cigarette industry for three
consecutive years and has achieved the highest MSCI ESG rating in
the global tobacco industry.
MSCI ESG ratings aim to measure a company's management of
financially relevant ESG risks and opportunities and rate over
8,500 companies every year. MSCI ESG ratings have become a key
reference for international capital market participants. The "AA"
rating is a significant recognition of RLX Technology's ESG
governance structure, further solidifying its leadership position
in the e-vapor sector. The Company is also expected to gain
increasing opportunities for inclusion in various fund portfolios
or gain larger asset allocations.
Ms. Ying (Kate) Wang, Co-founder,
Chairperson of the Board of Directors, and Chief Executive Officer
of RLX Technology, stated, "We understand that corporate success
lies not only in operational profitability, but also in social and
environmental responsibility. The Company has focused on optimizing
its product portfolio, supply chains, and operations to enhance
corporate value while positively impacting society and the
environment."
According to MSCI, RLX ranks best-in-class for risk management
capabilities in product safety, quality, and chemical safety. It
also ranks among the top 1% globally in risk management for
accounting, business ethics, and tax transparency. Regarding supply
chain labor standards, all assessments have met MSCI's "Top"
standards.
Since its inception, RLX Technology has integrated ESG in its
corporate strategy to foster sustainable development. Following the
implementation of national e-cigarettes standards and regulations
in China, RLX Technology fully
upgraded its R&D system, establishing eight laboratories and
implementing stringent factory quality controls. This significantly
enhanced product innovation capabilities and established a
comprehensive product quality assurance system throughout the
product lifecycle.
The RLX Technology quality and safety laboratory was recognized
by CNAS (China National Accreditation Service For Conformity
Assessment) in July 2023 and passed
expansion and modification assessment in June 2024. Currently, RLX Technology has
established a comprehensive testing platform that can provide
reliability, electrical performance, inhalation testing, and
battery safety testing services for the e-vapor industry, and issue
authoritative reports for export products according to
international standards.
Furthermore, the Company maintains strict internal standards,
incorporating ESG criteria into its supplier selection process. RLX
Technology annually conducts ESG assessments of its core suppliers,
performing external audits based on the "RLX Business Partner Code
of Conduct", SA8000 standards, and other ESG-related metrics.
RLX Technology has always regarded ESG as one of its core
competitive edges. It established an ESG committee at the Board
level and has published ESG reports for four consecutive years. TÜV
Rheinland, a leading international verification agency, has
independently verified the report in 2022 and 2023 according to the
AA1000 Assurance Standard v3, ensuring the accuracy and credibility
of the substantive issues addressed.
Looking ahead, RLX remains committed to steadfastly implementing
its long-term ESG strategy, actively fulfilling its corporate
social responsibilities, and continuously creating greater value
for clients, shareholders, partners, employees, and society.
About RLX Technology
Inc.
RLX Technology Inc. (NYSE: RLX) is a leading global branded
e-vapor company. The Company leverages its strong in-house
technology, product development capabilities and in-depth insights
into adult smokers' needs to develop superior e-vapor products.
For more information, please visit: http://ir.relxtech.com.
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SOURCE RLX Technology Inc.