In 2017, China Foods Limited (hereinafter referred to as “China Foods” or the “Company”, together with its subsidiaries, the “Group”) experienced major adjustments to its business. The Company disposed of all other businesses (including wine business and kitchen food business) except for the beverage business and became an enterprise that focuses on beverage business. Currently, the Company’s beverage business is operated through COFCO Coca-Cola Beverages Limited (hereinafter referred to as “CCBL”) and its subsidiaries. CCBL is a joint venture established with The Coca-Cola Company, in which the Company holds a 65% equity interest. As a leading beverage company in the industry, China Foods inherits the social responsibility philosophy of “being loyal to national policies and making people’s life better” and is committed to the corporate mission and responsibility of “dedicating to modern beverage and creating long-lasting values”, and striving to achieve sustainable development of itself and the society.

This report is the Environmental, Social and Governance Report (hereinafter referred to as the “Report”) of the Company. The contents of the Report are prepared in accordance with the Environmental, Social and Governance Reporting Guide in Appendix 27 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and are in compliance with the relevant regulations. The scope of the Report covers the Company's major production and operation activities in China and the reporting period is the same as the 2017 financial year. The purposes of this Report are to summarise the Company’s performance in terms of environmental, social and governance (ESG) aspects in 2017, and respond to the concerns of various stakeholders.

The Company understands that the standard of its management and performance in environmental, social and governance play an important role in achieving the strategic objectives of the sustainable development of the Company. Through the Report, we hope to receive positive suggestions from various stakeholders of China Foods for further enhancing the management standard and performance in the aspects of environmental, social and governance. For any feedback on the Report, please send by e-mail to zhaomy@hq.