纳芯微(688052):2025年度环境、社会及公司治理（ESG）报告（英文版）

原标题:纳芯微:2025年度环境、社会及公司治理（ESG）报告（英文版）

CONTENTS

Board Statement 04
Chip-Driven Smart Manufacturing: Compliance Governance 12
Company Profile 05
Powering Green and Safe Mobility 08 ESG Governance 18
Global Presence 05
Chip Synergy: Co-building an Open Information Security 24
Corporate Culture 05
and Collaborative Ecosystem 10
Core Business 05
History 07
Putting People First Green Operations:

Appendix 67
27 Employee Growth 42 Extraordinary Value 56 Build a Green FutureOur Employees 28 Technology Innovation 43 Environmental Management 57 Honors and Awards 67Employees’ Rights and Interests 31 Quality Management 48 Energy Conservation and Emissions Report Index 68
Training and Career Development 36 Supply Chain Management 52 Reductions 58Feedback 76Occupational Health and Safety 39 Raw Material Usage 61
About This Report
Unless otherwise specified, all currencies and amounts in this report are denominated in CNY.Report Overview
This represents the fourth Environmental, Social and Governance (ESG) Report released by Suzhou Novosense Microelectronics Co., Ltd. It is compiled based on the company’s specific Reference Standards
efforts in bolstering corporate governance, safeguarding employees’ rights and prioritizing This report follows Guidelines No. 14 of Shanghai Stock Exchange for the Self-Regulation R&D and innovation throughout the year 2025. Its aim is to showcase the company’s ESG of Listed Companies—Sustainability Report (Trial), Appendix C2 Environmental, Social and approach and its commitment to fulfilling corporate social responsibility for the year.Governance Reporting Code of the Listing Rules issued by the Hong Kong Stock Exchange, and refers to Global Reporting Initiative: Sustainability Reporting Standards (GRI Standards) (2021 Edition), China CSR Reporting Guidelines (CASS-ESG 6.0) issued by Research Center Reporting Period
for Corporate Social Responsibility, Academic Division of Economics, Chinese Academy of Social Sciences.
January 1, 2025 to December 31, 2025. Some contents are backdated to previous years or extended to subsequent years, as appropriate, to enhance the readability of this report.Access to the Report
Reporting Scope
This report includes three versions: Simplified Chinese, Traditional Chinese, and English. In case of any ambiguity, the Simplified Chinese version shall prevail. You can download the Unless otherwise specified, the scope of this report is consistent with the scope of the electronic version of this report from the website of Suzhou Novosense Microelectronics Co., Ltd. company’s annual report.
(www.novosns.com) for more information of the company.
Abbreviations
Feedback
For ease of expression and reading, “NOVOSENSE”, “the company” or “we” will be used to If you have any opinions or suggestions on the sustainable development of the company, represent “Suzhou Novosense Microelectronics Co., Ltd”. and its subsidiaries in the report.please provide your feedback in the following ways to help us make continuous improvement.Tel: +86-512-6260-1802 Email: pr@novosns.com
Data Sources
The data and examples cited in this report are all from the official working documents, financial reports and statistical data of NOVOSENSE and its major subsidiaries, and have 03
Message from the Chairman04
Board Statement
During the reporting period, the Board of The preparation of this report strictly follows Directors, as the highest decision-making the relevant regulations of the Shanghai Stock body for ESG governance of the company, Exchange and the Hong Kong Stock Exchange, is fully responsible for the supervision, and the compliance with ESG reporting guidance and review of ESG affairs, ensuring guidelines can be found in the index table of the effective implementation of ESG strategy this report. This report has been reviewed in daily operations. The Board of Directors and approved for publication by the Board of attaches great importance to risk management Directors.
work and has incorporated ESG key risks
into the company’s comprehensive risk
management system. It regularly tracks
environmental objectives and controversies,
and promotes comprehensive and full process
risk management and control through risk
assessment, process control and event
response.
The company identifies, evaluates and
prioritizes significant ESG issues related to
the company’s business operations from the
dimensions of impact materiality and financial
materiality, with reference to regulatory
requirements such as Guidelines No. 14
of Shanghai Stock Exchange for the Self-
Regulation of Listed Companies—Sustainability
Report (Trial), Appendix C2 Environmental,
Social and Governance Reporting Code of the
Listing Rules issued by the Hong Kong Stock
Exchange, and refers to the United Nations
Sustainable Development Goals (SDGs) and the
GRI Standards issued by the Global Reporting
Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 05

Mission
World with Semiconductors
and solutions, which are widely used in automotive, industrial, information communication and and Vision
consumer electronics markets.


Values
All-category mixed digital- Leader among China Leader among digital analog chip provider automotive chip providers isolator, isolated driver and sensor providers
Global Presence Core Business
R&D and sales in China and other countries:
Product Offerings
NOVOSENSE always adheres to the core values of “Robust, Reliable, Keep Learning, Persist
general-purpose signal chains), power management (drivers, power path protection and high/low-
Core Business Markets We are committed to continuously expanding our product offerings and tailoring them to address evolving application scenarios. We aim to provide a As a forerunner in China’s green smart 1 complete suite of solutions for automotive electronics, pan-energy , and consumer electronics, among other areas. Our products are mainly applied in chips, NOVOSENSE actively responds to the the following downstream markets: social call for eco-environmental initiatives. By leveraging its three core technology Automotive Electronics Renewable Energy and Power Industrial Automation Consumer Electronics areas – sensors, signal chains, and power management – as foundational pillars, the Chips are the core driving force From a system design perspective, The industrial automation sector is Personal consumer electronics and company has developed a comprehensive efficiency, miniaturization, reliability and behind technological innovation in developing rapidly as it pursues greater household appliances are entering a new green product portfolio serving critical longevity are the focuses of the pan- the automotive industry, enabling intelligence, accuracy and efficiency. era of intelligence and sophistication. energy industry, including photovoltaic sectors including automotive, industrial, electrification and intelligence. In this context, NOVOSENSE’s chip With its advanced sensors and driver and wind power companies. With NOVOSENSE is dedicated to providing solutions are celebrated for their low chip technology, NOVOSENSE is and energy. With its excellent technological chip solutions characterized by high comprehensive chip solutions for the power consumption, high reliability and committed to achieving high-precision capabilities and forward-looking strategic quality, small size and high integration, automotive sector, with its products high integration, which enable industrial detection and high-performance control, NOVOSENSE offers a perse and positioning, NOVOSENSE continues to lead widely applied in critical systems systems to save energy, cut costs and with a view to driving innovation and flexible technology portfolio for energy the way in driving environmental sustainability such as main inverters, on-board raise efficiency. The company’s products competitiveness for the industry. The systems that meets perse needs. chargers, battery management, and cover multiple scenarios, such as company’s solutions are not only and innovation. Our products are widely used across a thermal management. Additionally, range of scenarios, including string and industrial frequency converters, servos, extensively applied to white goods such centralized photovoltaic inverters, micro the company continues to expand its stepping motors, intelligent instruments, as washing machines, air conditioners and household energy storage inverters, innovative solutions, further covering industrial robots and humanoid robots, and refrigerators, but also cover a wide energy storage converters, wind power areas like body electronics, smart and provide strong technical support for range of small smart appliances such converters, charging station system cockpits, vehicle lighting, chassis raising the intelligence, efficiency and as robotic vacuum cleaners, humidifiers, In 2025, the distribution of NOVOSENSE’s control and modules, AC-DC and DC-DC control, and safety systems, helping reliability of industrial control systems. ironing machines, coffee machines and power supplies, mobile energy storage products in terms of downstream the automotive industry move toward a health pots, empowering smart home equipment, energy management systems applications was as follows: smarter and more efficient future. life for consumers in an all-round way, (EMS), and uninterruptible power supply and making home life more intelligent, (UPS). In this way, we are supporting the convenient and efficient. energy industry’s efforts to become more efficient, reliable and intelligent, and Automotive promoting the sustainable development electronics 35.22% of clean energy technology.Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 07
History

013-
A Closer Look at Devising Effective Strategies Putting People First Green Operations: NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to
Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 08
Feature
Chip-Powered Smart Mobility for a Sustainable Future

arb sig ind s w in al an oo par nab	on neutrality goals, carbon nificant challenges for the stry—as the linchpin for ith low-carbon models— empowering the green ays embraced the concept has integrated low-carbon eration efforts. Through our tnerships, we have injected le development of China’s

A Closer Look at Devising Effective Strategies Putting People First Green Operations: NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to
Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 09
Chip-Driven Smart Manufacturing: Powering Green and Safe Mobility Featured product Featured product Our automotive audio digitization solution redefines audio architecture for sustainable mobility Our magnetic position switch sensors enhance efficiency and device longevity NOVOSENSE’s automotive audio digitization solution is designed in accordance with the latest digital audio network standards established by China’s National Technical Committee of Auto Standardization. This innovative solution NOVOSENSE’s magnetic position switch sensors employ non- uses a single unshielded twisted pair cable to achieve synchronized transmission of audio, control signals, and clock contact sensing technology to replace traditional mechanical signals over distances of up to 80 meters. The design eliminates the need for independent power supply at each switches and potentiometers, significantly reducing system power node, while keeping deterministic latency below 50 microseconds and supporting up to 32-channel capability. These consumption while extending the service life of end devices. technical advantages position the solution to meet the demanding requirements of high-end applications such as This solution is being widely applied in industrial IoT, automotive, active noise cancellation and high-definition audio systems. By replacing traditional multi-analog cable harnesses home appliances, and consumer electronics, enabling low-power with digital audio networks, the solution reduces cable harness quantity and weight by approximately 75%, lowers device management, condition monitoring, and safety detection. raw material usage intensity, and indirectly improves energy efficiency through vehicle lightweighting. Through high-reliability design, dual-output architecture, and multi-configuration solutions on a single wafer, the technology simplifies peripheral circuits, reduces BOM material usage, Featured product Our impact pressure sensor products enable faster response, building a optimizes inventory management, and minimizes production waste. Its compact, low-power design supports more compact strong line of defense for vehicle occupant safety end products, contributing to energy efficiency and resource A Closer Look at Devising Effective Strategies Putting People First Green Operations: NOVOSENSE: Chip-Powered Smart Mobility and Safeguarding and Supporting Creating and Sharing Working Together to
Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 10

o no c ng ol e lo ith ain s d tn ua o riz nt nol we s w effi	- lo pt c le n ve y u , to e rs lit it c ed ar lo h in e ci

Devising Effective Strategies and
Safeguarding Sustainable Development
12 Compliance Governance
18 ESG Governance
24 Information Security
Effective corporate governance is a critical top-level design for achieving sustainable development. NOVOSENSE
actively responds to the United Nations Sustainable
Development Goals 5, 12, and 16, continuously improves
corporate governance, and empowers corporate sustainable
development with ESG. By integrating ESG concepts into
corporate strategy, we ensure that the company can move
forward steadily and contribute to society in the future.
Our Actions :
Devising Effective Strategies and
Safeguarding Sustainable Development
12 Compliance Governance
18 ESG Governance
24 Information Security
Effective corporate governance is a critical top-level design for achieving sustainable development. NOVOSENSE
actively responds to the United Nations Sustainable
Development Goals 5, 12, and 16, continuously improves
corporate governance, and empowers corporate sustainable
development with ESG. By integrating ESG concepts into
corporate strategy, we ensure that the company can move
forward steadily and contribute to society in the future.
Our Actions :

employee can deeply understand and practice the company’s core valueswomen in STEM (science, technology, engineering, mathematics) fields to promote equal opportunities and inclusive culture constructionCompliance Governance
Corporate Governance
Corporate Governance
NOVOSENSE is committed to enhancing modern corporate
governance and continuously improving management standards. The company has established a comprehensive governance
In 2025, NOVOSENSE convened meetings as follows:
framework that clearly delineates the authority and accountability of all key stakeholders, including the General Meeting of
Shareholders, Board of Directors (with its specialized committees), the management, and operational departments. Each functional General Meeting of Shareholders Board of Directors Audit Committee Strategy and ESG Committeedepartment has defined responsibilities, cooperating to ensure the separate and effective exercise of decision-making, execution, and oversight functions. By implementing a rigorous, balanced, 4 meetings 8 meetings 6 meetings 4 meetings
and efficient governance framework, the company has achieved operational stability and sustainable growth.
Nomination Committee Compensation and Appraisal Committee Board of SupervisorsBy the end of the reporting period, NOVOSENSE had 9 directors 2
(including 4 independent directors), including 2 female members 2 meetings 3 meetings 6 meetings
(accounting for 22.22% of total members) and 7 male members.female
22.22%
Board of
Directors
Male
Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 13
Compliance Governance
Information Disclosure Investor Relations Management
NOVOSENSE diligently adheres to the stipulations outlined in NOVOSENSE focuses on establishing a long-term and stable good relationship with investors, actively carries out investor
the Administrative Measures for Information Disclosure of Listed management based on the principles of compliance, equality, initiative, honesty and trustworthiness, and formulates the NOVOSENSE
Companies, alongside other relevant laws and regulations.
Investor Relations Management System in accordance with the NOVOSENSE Guidelines for Investor Relations Management of
We have formulated and implemented a comprehensive
Listed Companies. We improve the level of investor relations management, build a two-way communication platform with investors,
NOVOSENSE Information Disclosure Management Mechanism,
and promptly convey relevant information on business management and major decisions to investors, thereby enhancing investors’
meticulously organizing the information disclosure process. understanding and recognition of the company.
Additionally, we have compiled the NOVOSENSE Information
Disclosure Manual for Securities Affairs of the company,
The company continues to improve its communication mechanism with investors and maintains active interaction through perse
facilitating effective management and execution of information communication channels. These channels include shareholder (general) meeting, SSE e-interactive platform, investor consultation
disclosure responsibilities. Upholding the principles of
hotlines, reception of institutional surveys, participation in brokerage strategy meetings, and performance briefings. Through these
truthfulness, accuracy, completeness, timeliness, and fairness, perse communication channels, we not only answer investors’ questions, but also listen to investors’ opinions and suggestions, and
we ensure prompt disclosure of information that may significantly influence the company’s operations, safeguarding investors’ right provide reference information for the company’s decision-making based on its actual operation.
to pertinent information.
While formulating a sound and effective information disclosure system, the company comprehensively regulates the behavior
Answered
Issued
of insiders and information reporting procedures. We rigorously Received 200 4enforce the transmission, review, and disclosure processes
pieces of investor relations
institutional surveys
investor calls

for undisclosed information, while enhancing the awareness of activity minutes
insider information confidentiality and registration among relevant every day
personnel. These measures are implemented to eradicate
instances of insider trading, and further improve the transparency and compliance of corporate governance.
In 2025, the company prepared and
Responded to questions on
More than institutions attended the performance
650
the SSE e-interactive platform
disclosed 4 periodic reports
briefings for annual, first and interim reports
39 times
Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 14
Compliance Governance
Risk Control and Compliance Management
Compliance is the bottom line for NOVOSENSE’s operations. We have incorporated enterprise risk management and compliance management into In 2025, the company continuously refined relevant
our strategic planning, continuously building and improving our compliance system and internal control system. We aim to foster a company-wide policies, including the NOVOSENSE Compliance
awareness of compliance management and enhance our risk management capabilities to ensure the healthy development of the company. Management Operational Regulations in alignment
with regulatory requirements and business needs.
The company has established a robust risk governance and compliance management system. The Audit Committee is established under the It conducts regular compliance risk assessments
Board of Directors as a professional supervisory body. The Internal Audit Department of the Company works independently under the guidance of focusing on key compliance domains, such as trade
the Audit Committee and reports directly to the Audit Committee, exercises its duties independently and is not subject to interference from other control, anti-commercial bribery, intellectual property,
departments or inpiduals. The department responsibilities are as follows: anti-unfair competition, information security, and
labor and employment. Leveraging the existing risk
classification system and business process framework,
Risk control and compliance management structure:
the company systematically identifies and analyzes
relevant compliance risks. Based on the likelihood
Board of
Responsible for establishing, maintaining, and ensuring the effective implementation of internal controls within the company.
Directors and potential impact of these risks, the company
performs a graded assessment and comprehensive
Responsible for guiding and supervising the establishment and operation of internal audit function, internal control system and compliance system,
analysis, resulting in a supporting risk register along
including reviewing the annual internal audit work plan of the company, listening to reports on internal audit, internal control and compliance
Audit with corresponding mitigation measures. Through
Committee governance, evaluating the operation and outcome of internal control system and compliance system, supervising the governance of important
rigorous, standardized closed-loop management,
compliance risks and the rectification of major issues. the company ensures the effective implementation
of control measures. Compliance risk assessment,
Responsible for the design of company processes and systems, compliance management, and implementation and effective operation of as a critical component of the company’s risk
Management
management system, is embedded with a regular and
Team internal control activities in the daily operation process of the company.formalized operational framework. This mechanism
continuously supports risk identification, response,
It consists of an Internal Audit Department, an Internal Control Department, and a Compliance Department to ensure the company’s
and improvement, aiding the company in maintaining
standardized operation and controllable risks.
stable operations and achieving long-term sustainable
? Internal Audit Department: Carry out internal audit work in accordance with the audit plan approved by Audit Committee, comprehensively
development.
audit the business management activities of various functional departments and subsidiaries of the company, and reasonably cover potential
Risk
fraud risks during the internal audit process.
Control and
? Internal Control Department: Responsible for the construction and implementation management of the internal control system, guiding the

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 15
Compliance Governance
Business Ethics
Anti-Fraud and Anti-Bribery
NOVOSENSE upholds the highest standards of integrity The company adheres to relevant laws and regulations on integrity, self-discipline, and business ethics, including the Company
and business ethics, maintaining a strict “zero tolerance” Law of the People’s Republic of China and the Anti-Money Laundering Law of the People’s Republic of China. We have
policy against bribery and corruption. We hold ourselves formulated a series of rules and regulations such as the NOVOSENSE Anti-Commercial Bribery Management and Operations
accountable for all business activities and are dedicated to Mechanism and the NOVOSENSE Anti-Commercial Bribery FAQs. During the reporting period, the company updated the
fostering a transparent and ethical corporate culture, ensuring NOVOSENSE Anti-Commercial Bribery Code of Conduct and expanded the scope of regulated conduct.
full compliance with laws, regulations, and ethical standards. We have integrated a comprehensive integrity management NOVOSENSE has joined the China Enterprise Anti-Fraud Alliance and the Trust and Integrity Enterprise Alliance, with a view to
framework into daily practices, establishing an industry-leading strengthening its commitment and practices in anti-corruption and integrity management. Through these efforts, we are not only
governance system. To reinforce this commitment, we have ensuring the company’s compliant operations, but also actively cultivating a culture of integrity in the industry.
established a robust oversight mechanism with multi-channel whistleblowing system that ensures unimpeded reporting

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 16

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 17
Compliance Governance
To enhance the business ethics competence and compliance
Anti-Monopoly and Anti-Unfair Competition Transparent Tax Paymentawareness of all employees, the company has integrated
The company places great emphasis on anti-monopoly and anti- Lawful and honest taxation is a cornerstone of enterprises’
business ethics into various aspects of employee development, unfair competition management and adheres to the requirements fulfillment of social responsibilities and a demonstration of
including training programs, compliance promotion efforts, and of laws and regulations such as the Anti-Monopoly Law of the business creditability. The company strictly abide by relevant tax
awareness research, thereby creating a comprehensive and
People’s Republic of China and the Anti-Unfair Competition laws and regulations, such as the Regulations of the People’s
systematic framework for ongoing education and cultivation:



types of unfair competition and mitigate risks related to anti-In 2025, the company rigorously enforced its compliance
monopoly compliance in business operations.
management systems and implemented various promotional and
developmental measures. The corporate culture of compliant
In 2025, the company did not

regulations.
to support the company’s high-quality growth.
Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 18
ESG Governance
The company’s senior management is responsible for decision-making and monitoring related to the plans and actual results of
ESG Governance
the company’s sustainable development management to support the supervision of the Strategy and ESG Committee. Meanwhile,
all departments, branches, and subsidiaries collaborate in promoting blueprint planning and operations concerning sustainability
The company has established a sound ESG governance
management. This includes studying relevant policies, refining internal systems, establishing robust protocols, conducting ESG
structure. To ensure effective implementation of its
practices, and gathering and assessing data. The company has established a normalized ESG communication and feedback
sustainable development strategy, the company has
mechanism, actively listening to internal and external opinions and suggestions, and effectively communicating and implementing
established a comprehensive three-tier ESG management
measures and feedback in environmental, social and governance, providing a strong organizational framework to support the
system, including board of directors who is responsible for advancement of the company’s sustainable development efforts.strategic decision-making, senior management who oversees

			rd Oper tary Off ce	ation Qu ice Off	Hu lity Resour Admini ice Cen	an Tech es and Innov tration Ce ter	nical Busi ation Proce ter Ce	ess Fina s & IT Ce ter	Bran nce Mark Commu ter Ce

operations.
Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 19
ESG Governance
ESG Goals
With the support of management, to advance ESG initiatives, Some of the goals are as follows:the company has set systematic long-term ESG goals aligned

		c
					t	ar

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 20
ESG Governance
ESG training and promotion
The company embeds ESG principles into every aspect of its operations and governance, developing a multifaceted ESG training To address the sustainable development needs of the industry, the
and communication framework that combines internal promotion and external outreach. This approach enhances employees’ company has committed to responsible marketing, leveraging multiple
understanding and practical application of ESG, effectively communicates the company’s commitment to sustainability, and fosters a platforms to establish a structured ESG external communication
greener industry ecosystem through collaborative efforts. platform. Through perse online and offline activities and innovative
media displays, the company actively participates in industry exchanges, fostering the widespread adoption and collaborative In December 2025, leveraging the ESG report initiative as a catalyst, the company hosted a kickoff meeting for the ESG
implementation of ESG concepts within the industry.
working group and relevant departments. The meeting featured a dedicated 1-hour session for publicity and mobilization,

Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 21

l

er e

c

? Supply chain management
the participation of various stakeholders in ESG management, Suppliers

? Product R&D and technology ? Professional service team/ ? Conduct customer satisfaction surveysvarious stakeholders.
innovation sales team ? Establish a sound complaint handling Customers
? Customer talks mechanism

		d

communication activities, such as
? Product R&D and technology ? Accept media interviews media activitiesMedia
distributors conference, supplier
innovation
conferences and media summits,

r
	s

? Clean energy and renewable ? Industry association activities ? Strengthen strategic cooperationconsumption management
? Product R&D and technology
Industry associations
innovation

? Product R&D and technology discussion ? Strengthen operational compliance Government or supervisory
innovation management
authorities
? Non-profit charity ? Cultural exchange ? Take an active part in community charity ? Employee care and rights ? Information disclosure activities? Response to climate change ? Carry out multi-party cooperation to promote local employment
Non-profit or community
organizations
Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 22
ESG Governance
Analysis of Material Issues
The company attaches importance to the identification and management of ESG issues. Based on To ensure that the issues are comprehensive, pertinent and scientific, the company adopts a
the characteristics of the industry and the actual needs of the company’s operation management, combination of criteria benchmarking, policy analysis, and peer benchmarking and widely collects
we identified, assessed, and screened important sustainability issues systematically. In 2025, feedback from internal and external stakeholders. Based on the results of our research, the
company has completed a comprehensive categorization and rigorous validation process, resulting the company completed the updating and optimization of the ESG material issues database and in the development of a structured ESG material issues matrix, which is fully detailed in this report.
continued improving ESG issue management.
This matrix serves as a cornerstone for prioritizing and executing the company’s ESG initiatives, offering clear and actionable guidance for their advancement and successful implementation.Material Issue Analysis Process

Make extensive reference to Compare the materiality score
Extensively invite internal and Based on the company’s actual Identify and define the factors
industry leading practices and of each topic derived from the external stakeholders of the circumstances and relevant
that influence the materiality
industry hotspots, combined survey with the established
company to participate in a international sustainability
evaluation of ESG topics, and
feedback from stakeholders threshold to reach the final
survey, aiming to assess the standards, the threshold for
establish a scoring range of 1
and external experts, and conclusion of the issue materiality likelihood, scale, and scope issue materiality has been set at to 5 points.
studied sustainability standards evaluation.
of the impact of each issue. 3 points.
in China and international, as
Evaluate material issues from
well as ESG rating indicators
the perspectives of “financial
in the capital market. We have materiality” and “impact
Embarking on a New Chapter for a Sustainable Future Sustainable Development Employee Growth Extraordinary Value Build a Green Future 23

18 G Anti-unfair competition ?（未完）