Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced carbon emissions by an unspecified amount through the use of solar power (6.48 MW) and energy efficiency improvements.
• Achieved pollution control and resource sustainability through various measures including energy saving, using recyclable materials, waste recycling and reuse, and creating green parks.

Social Achievements

• Emphasized employee wellbeing through various activities such as basketball and football competitions, family month celebrations, and welcoming parties.
• Provided employment opportunities for 495 graduates, 173 interns, and 3 disabled individuals.
• Supported education through scholarships and donations to schools.

Governance Achievements

• Revised company governance and information disclosure rules to promote sustainable development and protect shareholder rights.
• Held several board and shareholder meetings to discuss and approve various proposals, including those related to capital allocation and ESG initiatives.
• Implemented a cash dividend policy in line with company regulations and shareholder interests.

Climate Goals & Targets

Environmental Challenges

• Economic fluctuations and policy adjustments affecting downstream industries.
• Fluctuations in raw material prices.
• Potential for talent loss.
• Risks related to currency exchange rate fluctuations.
• Potential impact of changes in government policies related to the electronics industry.
• Risks associated with the issuance of convertible bonds, including the risk of not being able to pay principal and interest, the risk of bonds not being converted into shares, and the risk of fluctuations in bond prices.

Mitigation Strategies

• Developed a comprehensive quality management model to maintain product quality and market leadership.
• Invested heavily in technological upgrades and automation to improve efficiency.
• Implemented strategies to expand into new product categories and markets.
• Strengthened supplier management and established a high-quality, reliable supply chain.
• Developed a comprehensive risk management framework to address various risks, including financial, operational, and regulatory risks.
• Implemented measures to mitigate currency exchange rate risks, including the use of forward exchange contracts.

Supply Chain Management

Responsible Procurement

• Strict procurement management system and supplier management standards

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Products for electric vehicles, photovoltaic power generation, and energy storage

Awards & Recognition

• 2022 China Electronic Components Industry Backbone Enterprise (ranked 8th)
• Next-generation information technology and manufacturing integration development pilot demonstration enterprise

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced carbon emissions by 4,529.14 tons

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Raw material price fluctuations
• Talent loss risk
• Technological risks
• Financial risks (currency exchange rate fluctuations)
• Policy risks

Mitigation Strategies

• Developing alternative sourcing strategies
• Employee stock ownership plans to retain key personnel
• Continuous R&D investment
• Implementing foreign exchange risk management strategies
• Monitoring policy changes and adapting accordingly

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 14001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• 3A级证书 (from MIIT)
• 2023年度电子信息竞争力百强企业
• 2023中国制造业民营企业500强
• 全国企业文化优秀成果奖
• 2023年中国电子元器件骨干企业
• 厦门市高质量发展工作先进集体
• 福建省高可靠功率继电器工程研究中心