Climate Change Data

东富龙科技集团股份有限公司

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Established an EHS system, implemented green energy initiatives (solar power on factory and workshop roofs), and reduced energy consumption.
  • Implemented ISO14000 environmental management standards, strictly controlling waste discharge and adhering to environmental regulations.

Social Achievements

  • Provided social security and welfare benefits to employees (insurance, housing, meals, extended paid leave).
  • Maintained harmonious labor relations, adhering to labor laws and regulations, and providing annual salary adjustments and year-end bonuses.

Governance Achievements

  • Established a robust corporate governance structure, including an audit committee, compensation and assessment committee, nomination committee, and strategic committee.
  • Maintained transparent and timely information disclosure to investors through regular updates on the company website, investor meetings, and roadshows.

Climate Goals & Targets

Environmental Challenges

  • Intense competition in the pharmaceutical equipment industry.
  • Fluctuations in market demand due to macroeconomic conditions and changes in healthcare policies.
  • Risks associated with mergers and acquisitions.
  • Internal management risks due to industry transformation and upgrading.
  • Human resource management challenges related to the increasing demand for R&D and global sales personnel.
  • Exchange rate fluctuations impacting the company's operating performance.
Mitigation Strategies
  • Focus on "Manufacturing 2025" in the pharmaceutical equipment industry, expanding into international markets, and improving international market share.
  • Maintaining flexible production and supply chains, adapting to market fluctuations, and building strong customer relationships.
  • Improving investment project due diligence, feasibility analysis, investment decision-making, and subsidiary management.
  • Implementing precise management, improving the efficiency of the management system, and building various platforms.
  • Creating a learning organization, providing employee development opportunities, and establishing a human resource management model suitable for high-tech enterprises.
  • Utilizing financial instruments for hedging, optimizing settlement methods, and strengthening the training of financial professionals.

Supply Chain Management

Responsible Procurement
  • Annual cooperation agreements and strategic cooperation agreements with suppliers.
  • Price inquiries, comparisons, and negotiations for procurement.
  • Integration of supplier quality management into each step of the process.

Climate-Related Risks & Opportunities