Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Corporate Governance
• Product Quality and Safety
• Business Ethics
• R&D and Innovation
• Digitization and Information Security
• Customer Service
• Sustainable Supply Chain
• Employee Rights and Interests
• Career Development
• Occupational Health and Safety
• Community Investment

Environmental Achievements

• Achieved a 2% reduction in energy intensity compared to the previous year at the main manufacturing site.
• 100% coverage rate of environmental training.
• Established a green factory in Suzhou with rooftop photovoltaic, sponge facilities, and energy-saving building features.
• Independently developed a feedback-type electronic load testing equipment, achieving energy conservation and consumption reduction.
• Reduced carbon dioxide emissions annually by 305,000 tons in a wind power project.
• Reduced diesel consumption by 132 tons and carbon dioxide emissions by 419 tons in a photovoltaic energy storage project in Haiti.

Social Achievements

• Employee satisfaction rate reached 89%.
• Established the Shenzhen Charity Association •Sinexcel Electric Public Welfare Fund.
• Implemented the first employee stock awards plan, awarding 3.971 million restricted shares to 238 employees.
• Completed the “Hongyi Plan” on-boarding training for 106 new graduates.
• Total training hours for employees: 12,399 hours; Average training hours per employee: 10 hours.
• Zero serious work-related accidents.

Governance Achievements

• Improved corporate governance by strictly adhering to relevant laws and regulations.
• Enhanced internal audit and integrity systems.
• Formulated the “Investor Relations Management Guideline”.
• Implemented the 2021 equity distribution, distributing cash dividends of RMB 1.20 per share.
• Disclosed a total of 163 announcements.
• Formulated a series of business ethics related documents, including the Regulations on Anti Unfair Competition Management and Code of Conduct.
• Established an anti-fraud reporting platform and a system of rewards and protection for whistle-blowers.

Climate Goals & Targets

Environmental Challenges

• Maintaining a resilient supply chain.
• Reducing energy consumption during motor testing.
• Addressing climate change and environmental issues.
• Ensuring employee safety and well-being.

Mitigation Strategies

• Developed systematic and comprehensive procedures for supplier management.
• Independently developed a feedback-type electronic load testing equipment.
• Established green factories, implemented energy-saving measures, and promoted low-carbon actions.
• Implemented a comprehensive safety management system, conducted regular safety inspections, and provided safety training.

Supply Chain Management

Supplier Audits: Annual on-site audit of key raw material suppliers and suppliers with unstable quality (10.67% contribution to final assessment score)

Responsible Procurement

• Supplier Qualification Survey Form
• Sunshine Agreement
• Supplier Instructions
• Procurement Agreement
• Quality Assurance and Responsibility Traceability Agreement
• Confidentiality Agreement
• Declaration of Absence of Hazardous Substances
• Supplier Code of Conduct
• Supplier Social Responsibility Commitment Letter
• Declaration of Free of Conflict Minerals

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, CASS-CSR5.0, UN Sustainable Development Goals 2030 (SDGs), Shenzhen Stock Exchange Guidelines on Social Responsibility, ISO 26000

Certifications: ISO 14001, IATF 16949, GB/T45001-2020 idt IS045001:2018, GB/T19001-2016 idt IS09001:2015, GB/T27922-2011

Sustainable Products & Innovation

• Silicon Carbide APF (Active Power Filter)
• 50kW DC Charging Module
• 800kW High-Power Flexible Distributed Charger
• Interstellar AC charger

Awards & Recognition

• 2022 Guangdong-Hong Kong-Macao Greater Bay Area Strategic Emerging Industry Leader
• 2022 Top 10 Charging Equipment Brand Enterprises In China
• 2022 SGS Recognized Cooperative Suppliers Outstanding Supplier of the Year
• 2022 Dongfeng Motor Co., Ltd. Dongfeng Nissan Passenger Car Company Top 10 Global Market PCS Shipment Provider for Energy Storage in China
• 2022 Excellent Energy Storage Converter Brand In China’s Energy Storage Industry
• 2022 China Charging and Swapping Industry - Top 10 Core Module Brands
• 2022 China Charging and Swapping Industry - Top 10 Influential Brands
• 2022 China's Most Influential Enterprise Award
• 2022 Excellent Provider Of EV Charging Equipment And Operation Solutions
• 2022 Best Energy Storage High Power Bidirectional Converter Supplier Award
• 2022 Power Swapping Technology Award
• 2022 High-tech Golden Ball Award - Enterprise of the Year
• 2022 German IF Design Award (Sinexcel Interstellar AC Charger)