Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Implemented waste recycling and garbage sorting initiatives.

Social Achievements

• Donated 6.7 million yuan to universities.

Governance Achievements

• Established four specialized committees under the board of directors: Strategic Committee, Nomination Committee, Remuneration and Appraisal Committee, and Audit Committee.
• Implemented four rounds of stock option and restricted stock incentive plans between 2020 and 2022.

Climate Goals & Targets

Environmental Challenges

• Decline in downstream demand due to global macroeconomic downturn, geopolitical changes, and the Russia-Ukraine war.
• Increased inventory levels due to decreased market demand and strategic stockpiling to mitigate supply chain risks.
• Pressure on gross profit margin due to increased upstream supply chain costs.

Mitigation Strategies

• Continued investment in R&D to improve chip product layout and expand market reach.
• Strengthened cooperation with customers to address challenges and ensure steady progress.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• 2022 Hurun China Metaverse Potential Enterprise List (TOP50)
• 2021 China New Economy Enterprise 500 Strong
• 2022 Intelligent Connected China Top 100 Suppliers
• 2022 China's Core Special Achievement Award
• 2022 China's Core Excellent Technical Innovation Product Award (RK3588)

Environmental Metrics

ESG Focus Areas

• Environmental protection
• Social responsibility

Environmental Achievements

• Implemented waste recycling and classification programs in the office.
• Used green energy for logistics transportation where possible.
• Promoted paperless office, electronic document circulation, and double-sided printing to reduce resource waste.

Social Achievements

• Donated 510,000 yuan to universities.
• Implemented a comprehensive salary system with performance management as the basis, incorporating various honors and rewards.

Governance Achievements

• Established a relatively complete corporate governance structure.
• Improved information disclosure and transparency.
• Strengthened investor relations management.

Climate Goals & Targets

Environmental Challenges

• Increased market competition in the semiconductor industry.
• Rising labor costs and potential talent loss.
• Supply chain risks due to potential disruptions from natural disasters or geopolitical factors.
• Legal compliance risks due to the increasing complexity of global regulations.
• Intellectual property risks due to intensified international competition.

Mitigation Strategies

• Developing new products, expanding sales channels, and improving product sales gross profit margins to offset rising labor costs.
• Maintaining a stable, high-quality management and design team.
• Diversifying sourcing strategies to mitigate supply chain risks.
• Establishing a comprehensive intellectual property protection system.
• Continuously improving internal control systems to ensure legal compliance.

Supply Chain Management

Responsible Procurement

• Selection of non-toxic and harmless materials and parts

Climate-Related Risks & Opportunities

Awards & Recognition

• Processor Company TOP10 in 2023 China IC Design Fabless100 Ranking
• TOP10 Excellent Enterprise Award in 2023 Global E-paper Industry Chain Innovation Development Enterprises
• 2023 18th "China Chip" Excellent Market Performance Product Award for RK3568
• China Enterprise Evaluation Association Digital Economy Enterprise TOP500
• Technology Ecosystem Partner Award for "Intelligent Cockpit Solution Based on Domestic Chips and Domestic Virtualization"
• Annual Intelligent Automobile Industry TOP100 Innovative Enterprises
• Top 50 Enterprises in Fujian Province's Software and Information Technology Service Industry Comprehensive Competitiveness
• Cloud Computer Era Innovation Leader TOP10