Climate Change Data

Environmental Metrics

ESG Focus Areas

• Green production and green manufacturing
• Sustainable corporate development

Environmental Achievements

• Xi'an CIMC, CIMC Huajun, Dongguan CIMC and CIMC Ruijiang assessed as national and provincial “green factories”

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impact on global economic activities
• Sino-US trade friction
• Impact of COVID-19 on normal production and operation
• Foreign Exchange Exposure
• Environmental risks

Mitigation Strategies

• Scientific management and control of the resumption of work and production
• “Local manufacturing” model and overseas business capacity layout optimization
• Effective emergency prevention and control plans
• Regular reviews of net foreign exchange exposures and entering into forward and swap foreign exchange contracts
• Stringent measures for environmental protection to ensure compliance with environmental protection laws and regulations

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: ISO 45001, ISO 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental Protection
• Social Responsibility
• Governance

Environmental Achievements

• Established 21 “Light Tower” plants at home and abroad, including five national green plants, two provincial green plants, one municipal green plant, and two national green supply chain management enterprises.
• Reduced GHG emissions by approximately 10,000 tCO2e through rooftop PV projects.
• Achieved 100% exhaust emission compliance rate.
• Reduced VOCs emissions to 35.36 tons with an emission intensity of 0.17 tons/RMB100 million of revenue.

Social Achievements

• Launched various charitable donations and volunteer activities, with a total of 16 social welfare activities, RMB220,000 in donations, and 306 hours of volunteer services.
• Maintained a customer satisfaction rate of 93.7% with zero customer complaints.
• Implemented a special development plan for technical and financial professionals.
• Achieved 0 work-related fatalities from 2021 to 2023.

Governance Achievements

• Established an ESG management organization system comprising the Board, the Audit Committee, the ESG Reporting Leading Group and the Implementation Team.
• Completed nearly 250 performance roadshows covering nearly 1,000 audiences.
• Maintained a 100% response rate to investor inquiries on Hudongyi.
• Achieved 100% coverage rate of CIMC Vehicles integrity promotion course for directors and supervisors and senior management.

Climate Goals & Targets

Environmental Challenges

• Climate change risks and opportunities
• Supply chain resilience and responsible supply chains

Mitigation Strategies

• Closely monitors global climate change and its impact on business operations; sets targets to reduce energy intensity by 3% and carbon emission intensity by 4% per RMB100 million of revenue.
• Formulated the “Guidelines for the Compliant Operation of Three-Waste Treatment Facilities of CIMC Vehicles” to regulate the compliant operation of waste gas, waste water and solid waste of its enterprises and reduce their risks associated with environmental protection.
• Established a strict management process for employee resignation, including internal communication and efforts to retain talent.
• Formulated the Regulations of CIMC Vehicles Group for the Management of Suppliers for the Centralized Procurement Materials to ensure the level of suppliers.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Rules of the CIMC Vehicles Group on Management of Suppliers for Centralized Purchase of Materials
• Supplier Questionnaire
• Quarterly Supplier Evaluation Form
• Integrity Agreement

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards (Core option), ESG Guide (Appendix C2 to the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited), Guide on Self-supervision of Companies Listed on the Shenzhen Stock Exchange No.2 – Standard Operation of Companies Listed on ChiNext Market

Certifications: ISO 14001, ISO 50001, ISO 45001

Third-party Assurance: CTI

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• New energy lightweight urban dump trucks
• Pure electric heavy-duty cargo trucks
• Concrete mixer trucks with battery charging and swapping
• Electric concrete mixer semi-trailers

Awards & Recognition

• Pioneer 50 of China ESG Listed Companies in Greater Bay Area
• “Xinhua Credit Jinlan Cup” ESG Practice Pioneer Case
• 2022 Excellent Practice Case of Green and Low Carbon Development of Enterprises
• Safety Technology Innovation Award