吉宏股份(002803):2025年环境、社会及管治（ESG）报告-英文版
原标题:吉宏股份:2025年环境、社会及管治（ESG）报告-英文版 strategy and reporting to the Strategy Committee. The Board of Directors is charged with approving and providing ongoing oversight of key ESG issues, and with evaluating ESG risks to ensure the robustness of the Company's risk control and internal monitoring systems. In addition, the Company has established an ESG Decision-Making Department to drive implementation, coordinate cross-functional activities, and manage day-to-day ESG operations, thereby ensuring effective execution of ESG initiatives. Taking into account the industry profile, stage of development, business model, and development strategy, the Company regularly evaluates material ESG issues and submits the results to the board for review. Issues the board determines to be material with respect to ESG risks and opportunities are incorporated into the Company’s overall strategy, and the effectiveness of related mitigation and management measures is subject to continuous monitoring. In 2025, the global process of sustainability has continued to accelerate. The deep integration of the green economy and digital transformation is profoundly reshaping the global industrial landscape. The Company firmly adheres to its strategic positioning of green development and dual-engine drive, fully integrating ESG principles into corporate strategy. With technological innovation as the driving force, the Company promotes green transformation to a higher level. Meanwhile, guided by a global vision, the Company actively expands into emerging markets, continuously enhancing comprehensive competitiveness and industry leadership in packaging and cross-border social e-commerce. In terms of green sustainability, the Company strengthens environmental governance and establishes a green production system covering the entire value chain. By further optimizing environmental processes, the Company promotes low-carbon development throughout the full life cycle of packaging products, from design and manufacturing to recycling. Through active implementation of energy conservation and emission reduction strategies, the Company realizes intelligent and refined management of energy consumption, carbon emissions and resource utilization. In 2025, the Company obtained an additional provincial-level green factory certification, further consolidating its benchmark position in the green development of the industrial chain.In terms of social responsibility, the Company continues to adhere to a customer-centric and quality-based philosophy, constantly improving product safety and environmental standards to fully meet customers’ evolving demand for green products. By deepening ESG collaborative management mechanisms in the supply chain, the Company promotes the formation of a transparent, resilient, and sustainable business ecosystem. In talent development, the Company is committed to building a diverse and inclusive development platform, optimizing career development channels and enhancing employees’ sense of belonging and value recognition. In 2025, all production bases have obtained ISO 9001 Quality Management System certification, reflecting the Company’s rigorous standards and strict requirements in quality management.In terms of corporate governance, the Company continuously improves its ESG governance structure, deeply integrating ESG targets into strategic decision-making and daily operations. The Company has established an efficient governance mechanism led by the Shareholders’ Meeting, the Board of Directors and senior management to ensure compliant, transparent and sustainable operation. Meanwhile, the Company has built a comprehensive risk control system covering supply chain management and data security. The Company promotes an integrity culture and strengthens compliance awareness among all employees, further consolidating the foundation of corporate governance. Looking ahead to 2026, the Company will take green innovation as the core strategic focus. The Company will accelerate the deep integration of intelligent manufacturing and AI technology into various business sectors, driving the dual engines of green packaging and cross-border social e-commerce into a new stage of high-Organizational Structure 2025 at Jihong GroupDecember December July December March 1996 2003 2016 2017 2017 2018 Jihong Group’s predecessor, Jihong Group was officially ihong Group upgraded the Jihong Group released its Giikin was established to Jihong Group expanded the Xiamen Zhengqi, was founded and focused on the e-commerce management IPO on the Shenzhen Stock expand our cross-border e- R&D team, established a established, specializing in packaging industry, building system v2.0. Exchange. commerce business in data analysis team, and graphic design and ten factories across China Southeast Asia, which implemented management advertising planning. to offer comprehensive opened up a new avenue of systems for workflow, marketing and packaging growth for us. product selection, financial design services to leading Jihong Group consecutively settlement, order tracking, FMCG companies. entered the markets of Hong and warehousing.March May November Early 2019 2019 2019 2019 2020 2020 Jihong Group made Jihong Group formed a Jihong Group initiated a Jihong Group launched the Jihong Group formed a Jihong Group upgraded the significant efforts to brand operation team. full-scale drive towards e-commerce management platform e-commerce team. workflow management promote brand strategy and enterprise automation and system v3.0. system V3.0 build corporate culture. intelligence, which involved rolling out a big data system, an intelligent product selection system, and an automated advertising July November June 2021 2021 2021 2022 2022 2022 Jihong Group tried to Jihong Group established a Jihong Group rolled out an Jihong Group entered the Jihong Group established Jihong Group made broaden its brand portfolio strategic partnership with automated operations Eastern European market. cross-border electric bicycle significant progress in by tapping into new markets Huawei Cloud. This management system on a and beauty product brands. achieving our digital strategy such as lingerie and home partnership enabled it to third-party platform, which objectives by implementing textiles. utilize advanced AI has contributed to the decision support systems, technology and computing exponential growth of orders such as Smart Companion, resources to implement on that platform. Boss Assistant, Indicator intelligent systems for big Monitoring, and Talent Map.January June February September 2022 2023 2023 2023 2024 2024 Jihong Group upgraded the Jihong Group integrated the Jihong Group has submitted Jihong Group signed a joint Jihong Group developed and The current Sheikh of Ras Al warehousing system and ChatGPT API to empower its application to the Hong innovation agreement on the perfected the automated, intelligent, Khaimah in the United Arab achieved fully automated cross-border e-commerce Kong Stock Exchange and AI large model with Huawei and digital cross-border e- Emirates, Sheikh Saoud, and intelligent operations. businesses in areas such as intends to complete an A+H Cloud, officially launching commerce business management visited the company’s AI-driven product selection, dual listing plan. the second phase of system Gikin3.0. On this basis, leadership, and both sides the creation of graphic and cooperation for AIGC-based Jihong Group gradually rolled out engaged in in-depth video advertising materials, deep empowerment of the the e-commerce text vertical model discussions on cooperation and intelligent ad placement. cross-border e-commerce ChatGiKin-6B, the e-commerce channels, investment September December May December 2024 2024 2025 2025 In the same month, a Jihong Group issued an Jihong Group was officially Construction of the first delegation led by the announcement stating our listed on the main board of overseas packaging Chairman of BMJ Industries intention to co-invest with the Hong Kong Stock production base at Ras Al - the largest tobacco VENUS TRADING FZCO to Exchange. Khaimah was mostly production and establish a joint venture, AJT completed. manufacturing enterprise in Holding International Limited, the UAE - visited the at the Dubai International company headquarters and Financial Centre in the UAE. its intelligent packaging This initiative aims to production base. They highly actively expand overseas recognized the company’s presence - particularly in smart manufacturing, refined the Middle East and Africa - operational management, and accelerate the innovative development international layout and capabilities, and steadfast strategic planning of its commitment to the core cross-border business. philosophy of “green, environmentally friendly, and sustainable.”To strengthen ESG management and improve information disclosure, the Company conducts materiality assessments to identify ESG issues in 2025, in reference to the Hong Kong Exchanges and Clearing Limited (HKEX)’s Environmental, Social and Governance Reporting Code and the Shenzhen Stock Exchange’s Listed Companies Self-Regulatory Guidelines No. 17 - Sustainable Development Report (Trial).The Company always attaches high priority to engagement with stakeholders by establishing a structured stakeholder engagement system and refining response and feedback mechanisms to ensure timely and effective communication. To scientifically identify material ESG issues and enhance the quality of related management and practices, we conducted stakeholder engagement research, which systematically gathered views and recommendations on sustainability from shareholders, customers, government and regulators, employees, partners, the media, community representatives, and other relevant parties. Through a standardized process of impact materiality assessment, we comprehensively evaluated the implications of various issues for the external environment and stakeholders. This has laid a solid foundation for the formulation and implementation of sustainability strategies, while continuously strengthening management and operational performance on material issues. Impact Materiality Assessment Process Quantitative assessment criteria have been established across multiple metrics—including the scale, scope, irreversibility, and likelihood of potential impacts associated with each issue—with a scoring scale ranging from 1 to 5 points. Setting metrics Stakeholder Questionnaire surveys are administered to capture key stakeholders’ perceived materiality of environmental, social, and governance (ESG) issues and to assess the actual impacts of different issues on diverse stakeholder groups. participation Input and feedback on a full range of ESG issues are collected from internal and external stakeholders through expert consultations, thematic seminars, and comprehensive questionnaire surveys. Collecting feedback Based on the above qualitative and quantitative analytical outcomes, appropriate materiality thresholds are determined, and issues are ranked in order of priority. Defining priorities Stakeholder Communication at Jihong Group Stakeholders Issues of concern Communication forms Stakeholders Issues of concern Communication forms ? Employee satisfaction survey ? Shareholders’ Meeting ? Internal office systems ? Regular reports and announcements ? Corporate governance ? Employee Rights and Interests ? Internal communication meetings? Interim announcements and notices ? Risk management Shareholders ? Employee training and development ? Employee complaints and feedback? Company website Employees ? Circular economy ? Health and safety ? Internal and external training activities? Investor mailbox ? Publicity activities of corporate culture ? Online and offline investor meetings ? Employee care activities ? Project procurement ? Supplier contracts and agreements ? WeChat official account ? Responsible marketing ? Product carbon footprint ? Supplier audit and evaluation ? Customer satisfaction survey Partners ? Supply chain management ? Product responsibility ? Supplier assistance and cooperation ? Product survey feedback ? Technological innovation ? Other supplier communication activities ? Customer complaint and handling Customers ? Customer satisfaction ? Online and offline activity promotion ? Responsible marketing ? Company website and social media ? Information security and privacy protection ? Addressing climate change interaction ? Product carbon footprint ? Exclusive interviews ? Energy and resource conservation ? Company website and social media Media ? Waste management interaction ? Pollutant emissions The Company conducted financial materiality assessments to systematically evaluate the potential impacts of environmental, social, and governance (ESG) issues on financial performance. This assessment analyzes the potential links between ESG issues and the Company’s revenues, operating expenses, assets, liabilities, and cash flows. It identifies key risks and opportunities affecting financial performance and prioritizes their materiality based on the magnitude of their financial impact. The findings provide a robust foundation for strategic decision-making and resource allocation, while strengthening financial resilience and capacity for long-term value creation. Financial Materiality Assessment Process Financial indicator Suggestion collecting and correlation verification Through financial indicator mapping, The Company gathers internal and external management interviews, and professional insights through internal cross?departmental research, the Company management discussions, departmental clarifies the impact pathways and correlation surveys, stakeholder questionnaires, and mechanisms between each issue and thematic symposiums to verify and calibrate specific financial indicators — including the comprehensiveness and accuracy of the revenue, expenses, assets, liabilities, and assessment outcomes.cash flows. 1 2 3 4 5 Impact identification and Materiality assessment Conclusion and analysis and grading application Based on the probability of occurrence and Using a qualitative-led assessment approach Based on the final scoring results, we the magnitude of financial impact associated supported by quantitative analysis, the establish a financially material issue list, with risks and opportunities, the Company Company conducts a comprehensive scoring clarify the financial impact of each issue, The Company comprehensively assesses relevant issues across the dual metrics of impact materiality and financial materiality, taking into account industry characteristics, the Company’s business profile, regulation developments, and the core concerns of stakeholders. Based on a weighted analysis of the assessment outcomes, the Company has finalized the identification of 19 material issues and developed the 2025 ESG Material Issues Matrix. This provides an evidence-based and systematic foundation for the formulation and implementation of the Company’s sustainability strategy.JIHONG GROUP 2025 5 Information Security and Privacy Protection ESG MATERIALISSUES MATRIX Very important Very important Product Responsibility Health and Safety Customer Satisfaction 4.5 Responsible Marketing Technological Innovation Corporate Governance Risk Management Supply Chain Management Product Carbon Footprint 4 Employee Rights and Interests Business Ethics and Anti-Corruption Pollute Emissions 3.5 Addressing Climate Change 3 Waste Management Issues that have both financial materiality and impact Issues of impact materiality Employee Training and materiality Development 2.5 Circular Economy Energy and Resource Conservation 2 I m p a 1.5 c t M Community Development and Environmental 1 a Investment t e Issues that have neither impact materiality nor financial r Issues of financial materiality Social i materiality a 0.5 l i t Not important Very important y Governance Upholding the core ESG vision of “Technology for Good, Stability for Long-term Growth,” the Company fully embeds the principles of sustainability into strategic planning and day-to-day The Company establishes a tiered, efficient management structure with clear authorities and operations while establishing a robust strategic implementation framework and well-defined responsibilities. The Board of Directors serves as the supreme decision-making and oversight execution roadmap. Guided by the governance principles of “integrating into corporate strategy, body for the ESG agenda, with full responsibility for reviewing sustainability strategies. The collaborating on business development, and aligning with global standards,” the Company has Strategy Committee under the Board is mandated to approve and provide ongoing supervision of developed a comprehensive ESG management system, strategic objectives, performance material ESG -related matters. The ESG Decision-making Department is established to drive, mechanisms, and information disclosure framework. Sustainability requirements are systematically coordinate, and administer the day-to-day implementation of ESG initiatives. integrated into corporate governance and core business processes, ensuring the consistency and sustainability of ESG management practices. Jihong Group's ESG Management Framework Jihong Group's ESG Governance Principles development strategy to achieve unified deployment and coordinated implementation rules to ensure policy implementation; Collaborating On Business Development ? Identify key ESG issues, develop relevant guidelines, and review ratings; ? Assess ESG risks and opportunities, monitor significant risks and develop response measures, as well as review and supervise the handling and rectification of relevant ? We persist in integrating ESG management concepts into internal operations and issues; external business outputs; ? Review ESG tasks and internal monitoring system, and provide recommendations on ? We strengthen the vertical integration with various departments and branches to their suitability and effectiveness; ensure the formation of an efficient and powerful ESG work network, achieving the ? Review ESG-related disclosure documents, including but not limited to annual ESG close integration of the Company’s ESG responsibilities and business operations. reports; ? Regularly report to the Board of Directors and provide ESG-related training and materials to ensure ESG governance capabilities.The Company conducts systematic risk and opportunity assessments for financially material issues, closely monitors evolving market trends, and formulates and implements targeted management measures to continuously strengthen the adaptability and responsiveness of ESG strategies. Combined with the industry’s characteristicsand the Company’s actual development status, wehave defined clear phased time horizons forassessing ESG-related risks and opportunities:short-term (by 2030), medium-term (by 2040) and long- term (by 2050).The Company has established a comprehensive strategy promotion framework and a well-defined implementation roadmap to advance the deep integration of ESG governance into core business operations, creating sustainable long-term value for all stakeholders. ESG Risk/Opportunity Analysis at Jihong Group
environmental, social, and governance risks assessments, comprehensively evaluating the Company implements a tiered response and integrates climate?related ESG risks based on impact magnitude, mechanism and adopts multi-dimensional considerations into risk assessment likelihood of occurrence, and severity of governance measures. The Company processes. We progressively establish and harm. Risks are categorized into high, enforces management mechanisms for regularly update the ESG risk database. medium, and low levels through a scoring high-risk issues, applies control measures methodology, with risk management to medium-risk issues, and conducts priorities determined accordingly. routine monitoring and optimization for low-risk issues. ? For medium?to?high risk issues that may trigger emergencies, the Company develops specialized response procedures and control measures and formulates contingency plans tailored to risk characteristics, strengthening emergency response capabilities. ? On an annual basis, the Company conducts a systematic review of ESG risk management practices, assesses internal and external risk trends, and refines risk The Company institutionalizes the strategic integration and closed-loop management of key ESG issues. The Company establishes short-, medium-, and long-term targets for core ESG priorities, with clearly defined implementation pathways and accountable parties. Through an annual assessment mechanism, the Company consistently monitors progress, conducts gap analysis, and refines strategies to ensure the coordinated advancement of ESG governance and business growth, and to drive the effective delivery of sustainability goals. Jihong Group's ESG Indicators and Targets Progress
Management System. The Ningxia factory set a target to reduce energy consumption per unit by 20%. The Hohhot factory established an energy-saving management team to coordinate and Indicator Unit 2025 advance relevant initiatives, systematically implement energy-saving technological upgrades, optimize production processes, and improve energy monitoring and recycling.Gasoline ton 34.88 Ningxia Factory: Diesel ton 47.49 Energy management target: to reduce energy consumption per unit by 20%cubic meter 2,964,369.04 ·Eliminate high-energy-consuming equipment: We have fully adopted high-efficiency energy-saving Natural Gas Energy-saving equipment and completed LED lighting retrofits across workshops, warehouses, office areas and other equipment and facilities. kWh 57,032,609.70 ·Promote the application of variable frequency technology: Variable frequency drives have been installed Purchased Electricity technological on fans, pumps and other equipment to adjust power output based on operational demand and improve upgrade energy efficiency. ·Optimize production planning: Materials and production schedules are reasonably coordinated to Purchased Heat GJ 36,907.28 Production and minimize energy consumption from equipment idling and standby modes.operation ·Implement staggered electricity consumption: During the off-peak season from March to August each year, we adopt single-shift production and arrange night-shift operations to take full advantage of off- tce 11,990.82 Total Energy Consumption optimization peak electricity pricing, thereby reducing power costs. ·Enhance the energy monitoring system: Electricity meters have been installed on key machinery and in highenergyconsumption zones to enable realtime monitoring and analysis of power consumption data, Energy monitoring Energy Consumption supporting the identification of anomalies and energysaving opportunities.tce/RMB 1 million of revenue 1.78 ·Promote waste heat recovery and utilization: Through waste heat recovery units, high-temperature and recycling Intensity steam waste heat is reused for heating production and domestic water, replacing traditional electric heating methods. The Company continues to optimize its energy mix, actively develop clean energy, and improve overall energy efficiency through process innovation and technological upgrading. Two production bases, located in Xiamen and Anhui, have installed photovoltaic power generation systems to effectively utilize renewable energy. In 2025, Anhui factory generated approximately 2.12 million kWh of photovoltaic electricity, achieving a carbon emission reduction of about 1,158 tCO2e (tons of carbon dioxide equivalent). The Xiamen factory generated approximately 2.29 million kWh of Through the aforementioned initiatives, the Company has achieved phased progress in water resource management. Notably, the Hohhot factory has been successfully accredited as one of the Second Batch of Water Resource Management Water-Saving Enterprises in Hohhot City for 2025. Moving forward, the Company will continue to explore The Company strictly complies with applicable laws and regulations, including the Water Law of the innovative water-saving technologies, steadfastly advance the continuous improvement of water utilization People’s Republic of China. The Company has formulated and refined the Water Conservation efficiency, and contribute to the sustainable development of both the enterprise and the environment. Management System and Water Resources Management Measures, clearly defining the responsibilities for water resources management. Each factory proactively implements institutional requirements. For Water Use at Jihong Group
4.1.3 Emission Management meet relevant standards and is fully reused for on-site applications, including landscaping irrigation, The Company is committed to building a green and low-carbon operation system, and has equipment cleaning and workshop floor washing. This approach improves water utilization efficiency and established a standardized emissions management mechanism covering key wastewater, waste gas, achieves zero discharge of industrial wastewater. To ensure the long-term stable operation of the sewage solid waste and noise. Such efforts effectively mitigate the environmental impact of production and treatment system, the wastewater management department conducts systematic cleaning and inspects key operation activities, with a steadfast commitment to sustainability.components for wear and tear every six months, in accordance with the actual operating conditions of the equipment. Emission Management Target Waste Water Emissions To ensure effective emissions management, the Company has set clear emissions management
The Company implements classified collection, storage, and treatment of all types of solid waste The Company strictly complies with the Law of the People’s Republic of China on Prevention generated during production. General solid waste is sorted and collected before being transferred to （未完）  |