Climate Change Data

Environmental Metrics

ESG Focus Areas

• Governance
• Economic
• Social
• Environmental

Environmental Achievements

• Six manufacturing plants obtained ISO 14001 environmental management system certification.
• Ningbo Xingrui (Cixi factory) and Wuxi Ruite (Wuxi factory) achieved zero discharge of production wastewater.
• 100% achievement of 2022 emission management targets.
• Recycled 133,034 cardboard boxes since 2016.

Social Achievements

• Launched employee stock ownership plan in 2021.
• Established a variety of employee care funds.
• Organized employee children's summer camps.
• Provided special care for pregnant employees.
• Organized various company activities, including company trips, team building, sports meetings, and interest group competitions.
• Established a volunteer team with over 600 members providing over 8,000 hours of service.

Governance Achievements

• Established a cross-departmental ESG working group.
• Implemented a system of internal audits (8 in 2022).
• Established clear procedures for handling bribery and fraud.
• No cases of bribery or fraud were found in 2022.
• Total dividend payout of 257,000,170 yuan from 2018 to 2022.

Climate Goals & Targets

Environmental Challenges

• Climate change risks: extreme weather events, power outages, increased compliance costs, and changes in customer demand and market competition.
• Resource scarcity.

Mitigation Strategies

• Development and implementation of safe and reliable green technologies.
• Improved energy management and reduction of energy consumption.
• Development of emergency response plans for extreme weather events.
• Wastewater zero-discharge facilities.
• Material recycling and reuse initiatives.
• Energy saving projects (e.g., heat recovery from air compressors).

Supply Chain Management

Supplier Audits: 85% of suppliers obtained ISO 9001 certification in 2022.

Responsible Procurement

• Strict review of supplier qualifications and products.
• Requirement for suppliers to sign integrity agreements, confidentiality agreements, and quality agreements.
• Emphasis on green procurement and local sourcing.
• Supplier evaluation and ranking system.

Climate-Related Risks & Opportunities

Physical Risks

• Floods, droughts, typhoons

Transition Risks

• Tightening environmental regulations, changes in customer demand

Opportunities

• Development of green technologies and products

Reporting Standards

Frameworks Used: GRI Standards, Shenzhen Stock Exchange's guidelines on corporate social responsibility

Certifications: ISO 9001, IATF 16949, ISO 14001, ISO 45001

Sustainable Products & Innovation

• Green products meeting RoHS and REACH requirements.
• Products using recycled plastics.

Awards & Recognition

• Various awards from government agencies and clients (details listed in the report).