How Does ESG Affect the Stock Prices of Financial Institutions in China?

Yongjie Zhu(Yongjie Zhu) 아시아무역학회 2022 Journal of Asia Trade and Business Vol.9 No.2

Purpose - As “green growth”, “sustainable development”, and “carbon peaking” frequently come up, research on the environment, society, and corporate governance (ESG) is gradually increasing. This study aims to explore how ESG affects the stock prices of financial institutions through empirical analysis, and how the attention of newspapers, magazines, and online media, as well as the number of shareholders, affect the relationship between the ESG performance and stock prices of financial institutions. Design/Methodology/Approach - This study uses a fixed-effect regression method to conduct an empirical study on the data of financial institutions listed on China’s A-shares from 2015 to 2020. Findings - The research conclusion shows that the better the ESG performance of financial institutions in China, the higher the stock price of financial institutions. At the same time, newspapers and periodicals, online media, and the number of shareholders play a positive regulatory role in the mechanism by which ESG performance promotes stock prices. Research Implications - This article enriches the relevant research in the field of ESG, especially research on the ESG performance and stock price of financial institutions with less research, fills the gaps in research in related fields, and provides a theoretical basis.

Boost Mobile Banking Monthly Active Customers with Vending Machines

Yongjie Zhu 한국디지털정책학회 2023 디지털정책학회지 Vol.2 No.1

본 중국에서는 시중은행들이 모바일뱅킹을 출시하고 있으며, 동질화된 상품으로 모바일뱅킹 경쟁이 치열하 다.모바일뱅킹 월간 활성고객(MAU)은 모바일뱅킹 운영 성과를 평가하는 중요한 지표로 시중은행들이 직면한 과 제이다.본 연구의 목적은 자동판매기를 이용하여 모바일뱅킹의 월간 고객활성화를 위한 전략을 모색하는 것이다. 본 연구는 문헌법과 사례법을 통해 연구를 수행하였으며, 연구 결과에 따르면 자동판매기를 사용하면 모바일뱅킹 의 월간 활성고객을 효과적으로 향상시킬 수 있을 뿐만 아니라 차별화된 전략을 실현하여 모바일뱅킹 시장을 점유 할 수 있다.동시에 이 연구는 상업 은행의 비즈니스 발전에 일정한 도움과 지도 의의가 있다. In China, commercial banks have launched mobile banking one after another, and the homogeneous products make the competition of mobile banking extremely fierce. Mobile banking monthly active users (MAU) is an important indicator to evaluate the operation results of mobile banking. How to improve mobile banking monthly active users is a problem faced by commercial banks. The purpose of this study is to explore strategies to increase monthly active customers of mobile banking with the help of vending machines. This research is carried out through the literature method and case method. The research results show that the use of vending machines can not only effectively increase the monthly active customers of mobile banking, but also realize the differentiation strategy to occupy the mobile banking terminal market. At the same time, this study is helpful and instructive for commercial banks to develop their business.

The Impact of Coin Changers on the Business Development of Chinese Commercial Banks

Yongjie Zhu 한국디지털정책학회 2022 디지털정책학회지 Vol.1 No.2

중국에서는 코드 스캔 결제의 지속적인 홍보 및 적용으로 인해 코인 시장의 불균형이 발생되다.동전 교환기 는 이 문제를 완화할 수 있을 뿐만 아니라 상업 은행의 비즈니스 발생에도 적극적인 영향을 미친다.따라서 동전 교환기를 연구하는 것은 매우 중요하다.본 연극이 연극목적은 동전 교환기가 중국 상업 은행의 사업에 미치는 영 향을 연구하는 것이다.현장 방문을 통해 수집한 중국 상업 은행의 고객 데이터를 재무 지표 계산 방법과 결합하여 사례 분석을 수행한다.연구 결과에 따르면 동전 교환기는 중국 상업 은행의 비즈니스 발전에 긍정적인 영향을 미 친다.본 연극는 중국 상업 은행에 대한 타당성 제안 및 비즈니스 개발에 대한 새로운 아이디어를 제공한다.현재 동전교환기에 대한 연구는 거의 없으며, 본 연구는 재정지표 계산을 결합하여 정책성과를 검증하는 것이 본 연구 의 혁신점이다. In China, the continuous promotion and coverage of scanning code payment has caused an imbalance in the coin market. Coin changers can not only alleviate this problem, but also affect the business development of commercial banks. Therefore, it is meaningful to study the coin changer. The purpose of this paper is to study the impact of coin changers on the business of commercial banks in China. Through on-the-spot visits and based on the manually collected customer data of Chinese commercial banks as the object, combined with the calculation method of financial indicators to conduct case analysis. The results of the study show that the coin changer has a positive impact on the business development of Chinese commercial banks. This paper provides feasible suggestions and new ideas for business development to Chinese commercial banks. At present, there are few related studies on coin exchange machines. This study combines the calculation of financial indicators to verify the policy results, which is the innovation of this study.

RMI에서 SIMD를 적용한 Batch Prediction의 성능분석

쥬용지에(Yongjie Zhu),최민국(Minguk Choi),김보승(Boseung Kim),오여진(Yeojin Oh),신호진(Hojin Shin),최건희(Gunhee Choi),유시환(Seehwan Yoo),최종무(Jongmoo Choi) Korean Institute of Information Scientists and Eng 2024 한국정보과학회 학술발표논문집 Vol.2024 No.6

Ligustrazine attenuates inflammation and oxidative stress in a rat model of arthritis via the Sirt1/NF-jB and Nrf-2/HO-1 pathways

Yongji Li,Zaihua Zhu,Ting Zhang,Yan Zhou 대한약학회 2019 Archives of Pharmacal Research Vol.42 No.9

Inflammation responses and oxidative stress areclosely involved in the pathogenesis of arthritis. Ligustrazine(Lig), a natural four methyl which is isolated fromChinese herb ligusticum chuanxiong hort, has been provedsignificantly anti-inflammation and anti-oxidative stresseffects. The present study aimed to evaluate the effect ofLig on inflammation and oxidative stress in Freund’scomplete adjuvant (FCA)-induced arthritis in rats. Thetreatment of Lig significantly decreased the hind-pawvolume change and alleviated the histopathological changesin sections of rat paws induced by arthritis. Lig alsoreduced the serum levels of pro-inflammatory cytokines(interleukin [IL]-6, IL-1 beta, and tumor necrosis factoralpha),increased the activity of superoxide dismutase(SOD) and reduced the concentration of malondialdehyde(MDA). Besides that, the protein expressions of the sirtuin1 (Sirt1)/nuclear factor kappa B (NF-jB) and nuclearfactor (erythroid-derived 2)-like-2 factor (Nrf-2)/hemeoxygenase (HO)-1 pathways determined by western boltfurther confirmed that Lig effectively inhibited the Sirt1/NF-jB pathway and activated the Nrf-2/HO-1 pathway. Taken together, our results suggest Lig has therapeuticpotential for arthritis, which might be via the regulation ofSirt1/NF-jB and Nrf-2/HO-1 pathways.

Cell proliferation can be modulated by receptor tyrosine kinase-like orphan receptor 2 in the silkworm, Bombyx mori

Yongjie Feng,Wei Liu,Dhiraj Kumar,Min Zhu,Renyu Xue,Guangli Cao,Xiaolong Hu,Chengliang Gong 한국응용곤충학회 2023 Journal of Asia-Pacific Entomology Vol.26 No.4

The receptor tyrosine kinase-like orphan receptor 2 (Ror2) is involved in the Wnt/β-catenin signaling pathway which regulates cell proliferation, polarity, differentiation, migration, metabolism and survival. However, the function of Ror2 in the silkworm Bombyx mori is still undisclosed. In the present investigation, we have made an effort to clone the silkworm Ror2 gene (BmRor2). The sequence analysis showed that the open reading frame (ORF) was 1914 bp in size and encoded a protein with the conserved domains of Ror2 protein. The qRT-PCR results indicated that the BmRor2 gene expression level was the highest in the head among all identified tis sues on 3rd day of the fifth instar larvae. In the gonads of the different development stages, the BmRor2 gene expression level was highest on the 4th day of the fourth instar larvae. The immunofluorescence assay indicated that the BmRor2 protein was located at the cytomembrane. The effects of BmRor2 protein on the expression levels of genes related to TGF-β, Hippo, JAK-STAT and Notch signaling pathways were investigated by qRT-PCR. The expression levels of crumbs (crb), warts (wts), α-catenin (cat), four-jointed (fj), decapentaplegic (dpp), kibra ortholog (kibra), serrate (serr) and c-myc (myc) genes were down-regulated, whereas, suppressor of cytokine signaling 2 (socs 2) gene expression was up-regulated in the cultured BmN cells after the BmRor2 expression level was up-regulated. Further, cell proliferation was demoted and the size of cells was decreased when BmRor2 expression level was elevated. Our current finding recommended that BmRo2 can regulate TGF- β, Hippo, JAKSTAT, and Notch signaling pathways, and affect cell proliferation and size.

Comparative transcriptome analysis of wing discs from Bombyx mori and Bombyx mandarina

Feng Yongjie,Kumar Dhiraj,Hu Xiaolong,Zhang Yiling,Zhu Min,Xue Renyu,Cao Guangli,Gong Chengliang 한국응용곤충학회 2020 Journal of Asia-Pacific Entomology Vol.23 No.2

The insect wing is developed from the wing imaginal disc which is designed from the embryonic ectoderm. To get insight into gene expression profiles in wing discs of Bombyx mori during metamorphosis, we compared the gene expression in the wing between B. mori and B. mandarina moth through RNA-seq. Out of total valid reads identified from the 5th day of 5th instar larvae of silkworm (L5), 7th day of pupae (P7), 1st day of moth (M1) and 1st day of wild silkworm moth (WM1), 20,092,004, 29,251,647, 24,654,695 and 19,753,089 reads were mapped to the mRNA reference sequences of silkworm, respectively. 9229, 7048, 9268 and 6701 differentially expressed genes (DEGs) were respectively recorded in P7 vs L5, M1 vs P7, M1 vs L5 and WM1 vs M1. Further, the peroxisome, ribosome, endocytosis and oxidative phosphorylation pathways were significantly regulated in the metamorphosis of the silkworm. Our study identified 16 orthologous genes with a positive selection from M1, which might be subjected to artificial selection in the domestication of B. mori and would play vital roles in the flight of B. mandarina.

Transient propagation of BmLV and dysregulation of gene expression in nontarget cells following BmLV infection

Feng Yongjie,Zhang Xing,Kumar Dhiraj,Kuang Sulan,Liu Bo,Hu Xiaolong,Zhu Min,Liang Zi,Cao Guangli,Xue Renyu,Gong Chengliang 한국응용곤충학회 2021 Journal of Asia-Pacific Entomology Vol.24 No.3

Bombyx mori latent virus (BmLV), a novel positive-strand RNA virus was first identified in the B. mori cultured BmN cell line. Whether the infectivity of BmLV to silkworm larvae and non-silkworm cells is connected with dysregulation of gene expression are not well understood. A complete sequence of BmLV genomic RNA was identified and revealed that a fragment with 495 nt in length was deleted from the RNA-dependent RNA poly merase (RdRp) gene in some BmLV genomic RNAs. Studies on the infectivity of BmLV to nontarget cells showed that BmLV can infect silkworm larvae, Spodoptera frugiperda Sf-9 and H1299 lung cancer cells with transient propagation. The dysregulation of gene expression of Sf-9 cells followed by BmLV infection was analyzed. Out of 743 differentially expressed genes (DEGs), 300 were upregulated and 443 were downregulated. Gene Ontology (GO) analysis indicated the DEGs were enriched into oxidoreductase activity for CH-NH 2 group donors, gluta mate biosynthetic process, response to stress and proteasome core complex. KEGG enrichment analysis showed that DEGs were mainly enriched into sulfur metabolism, RNA degradation, proteasome, pentose and glucuronate interconversions. Undesirable nutrients and temperature factors contributed to the propagation of BmLV in Sf-9 cells. Additionally, the Imd and RNAi pathways were activated by BmLV infection without stimulating Toll and JAK-STAT pathways. Therefore, it is suggested that BmLV is originated from plants, which can enter nontarget cells with transient propagation. The transient infection of BmLV may not only be regulated by Imd and RNAi immune pathways but also mediated by dysregulation of gene expression.

Glabridin Liposome Ameliorating UVB-Induced Erythema and Lethery Skin by Suppressing Inflammatory Cytokine Production

( Chijian Zhang ),( Yongjie Lu ),( Yong Ai ),( Xian Xu ),( Siyang Zhu ),( Bing Zhang ),( Minghui Tang ),( Lanyue Zhang ),( Tinggang He ) 한국미생물생명공학회(구 한국산업미생물학회) 2021 Journal of microbiology and biotechnology Vol.31 No.4

Glabridin, a compound of the flavonoid, has shown outstanding skin-whitening and anti-aging properties, but its water insolubility limits its wide application. Therefore, glabridin liposome (GL) has been developed to improve its poor bioavailability, while there are few studies to evaluate its amelioration of UVB- induced photoaging. This study is performed to investigate the amelioration of GL against UVB- induced cutaneous photoaging. The prepared GL has a spheroidal morphology with an average diameter of 200 nm. The GL shows lower cytotoxicity than glabridin, but it has a more effective role in inhibition of melanin. Moreover, the application of GL can effectively relieve UV radiation induced erythema and leathery skin, associated with the down-regulated expression of inflammatory cytokines (TNF-α, IL-6 and IL-10). Taken together, these results demonstrate that GL has potentials as topical therapeutic agents against UVB radiation induced skin damage through inhibiting inflammation.

Characteristics and risk assessment of atmospheric PM<SUB>2.5</SUB> heavy metals pollution near coal gangue sites in Huaibei, China

Kang Yang,Xiuping Hong,Xin Wang,Yongjie Zhu,Pengtong Zuo,Ge Gao 대한환경공학회 2024 Environmental Engineering Research Vol.29 No.5