ENVIRONMENTAL, SOCIALAND GOVERNANCE REPORT
Halo Microelectronics Co., Ltd.
Mailing address: Unit 305-308, Building A8, Core Zone, QiandenghuVenture Capital Town, No. 6, North Guilan Road, Guicheng Street,Nanhai District, FoshanCompany e-mail: ir@halomicro.comInvestor relations hotline: 0757-81280550Website Address：www.halomicro.cn
Halo Microelectronics Co., Ltd.
Stock Code 688173
Contents
Company Pro?leHistoryStrategy and CultureBusiness LayoutNumbers on Halo MicroelectronicsHonors and Awards
About Halo Microelectronics
ESG Responsibility ManagementInteractions with StakeholdersAssessment of Material Topics
Strategies and Management
Message from Chairman
About This Report
Technology Empowermentfor E?ciency and Reduction inConsumptionProactive Approach to GreenOperationsEnergy Saving and EmissionReduction for E?cient Resource UseMoving Towards Green with Low-carbon O?ce Practices
Harmonious and Co-prosperityto Build a Land of Hope
R&D Support, Quality PrioritizedDedication to Society for CommonBene?tPeople-Oriented for Mutual Growth
Mutual Promotion for Win-Win,Upholding the Spirit of HaloMicroelectronics
Checks and Balances for OptimizedGovernanceRisk Avoidance and ComplianceGovernanceVigorous and Resolute Actions inRights and Interests Protection
Re?ning Governance andUpholding Integrity
Key Performance Indicators (KPIs)IndexQuestionnaireDisclaimer
AppendixOutlook
0102
The period covered by this report starts from January 1, 2023 to December 31, 2023. Some content extends be-yond this scope.
Reporting Period
This report presents the e?orts and achievements of Halo Microelectronics Co., Ltd. (hereinafter referred to as"Halo Microelectronics", "the Company", or "We") in implementing the ESG (Environmental, Social, and Gover-nance) principles in 2023, with the purpose to enhance communication and connections with stakeholders and toaddress their concerns and expectations.
About This Report
Unless otherwise indicated, this report is concerned with Halo Microelectronics and its wholly-owned subsidiaries.Reporting Scope
Names and AbbreviationsAbbreviationFull NameHalo Microelectronics/Company/WeRefers toHalo Microelectronics Co., Ltd.Halo Microelectronics (Beijing)Refers toHalo Microelectronics (Beijing) Co., Ltd.MTKRefers toMediaTek Inc.OPPORefers toGuangdong Oppo Mobile Communication Co., Ltd.QualcommRefers toQualcomm Inc.vivoRefers tovivo Mobile Communication Co., Ltd.SamsungRefers toSamsung Electronics Co., Ltd.XiaomiRefers toXiaomi CorporationHONORRefers toHonor Device Co., Ltd.TranssionRefers toShenzhen Transsion Holdings Co., Ltd.GoogleRefers toGoogle Inc.LogitechRefers toLogitech International SA
About This Report
AbbreviationFull NameAudiRefers toAudi AGHyundaiRefers toHyundai Motor CompanyKiaRefers toKia Motors CorporationXPENGRefers toXPeng Inc.HongqiRefers toA high-end vehicle brand of CHINA FAW GROUP CO., LTD.AITORefers toA new energy vehicle brand of Seres Group Co., Ltd.ChanganRefers toChongqing Changan Automobile Co., Ltd.Yura TechRefers toYURA TECH. CO., LTD.AEC-Q100Refers to
Automotive Electronics Council–Qualification 100, developed byAutomotive Electronics Council (AEC), is the verification standardof automotive specifications, the general standard of automotiveelectronic system, as well as the quality control standard for thereliability and standardization of automotive chips.BoostRefers to
One of the three basic topologies of the switching power supply. Boostcircuit steps up the input voltage and generates an output averagevoltage that is greater than the input voltage.DC/DCRefers to
Direct Current / Direct Current. It is a technology and method toconvert a source of direct current from one voltage level to another bystepping up or stepping down the voltage.FablessRefers to
Fabrication-Less, the fabless integrated circuit business model, inwhich manufacturers focus on the R&D, design and sales of chips,while outsourcing the wafer fabrication, packaging and testing toother specialized manufacturers.ppmRefers to
Parts per million, used to measure the defective rate which means thenumber of defective units in one million units.Type-CRefers to
A type of USB interface. It is a reversible interface with thinner design,higher transfer rate and more powerful transmission.super-fast chargingRefers to
One of the fast charging technologies, usually refers to suchtechnologies that provide charging power greater than 30 W.charge pumpRefers to
A kind of non-inductive DC/DC converter that uses capacitors forenergy storage to raise or lower voltage and current.port protectionRefers to
Provide protection against overpressure, overcurrent,overtemperature, surge, etc., for circuit connection ports, includingthe USB port.
Halo Microelectronics 2023 Environmental, Social and Governance (ESG) Report
0304
This report is prepared in strict accordance with the relevant requirements of SSE STAR Market No.1 - RegulatedOperation by Shanghai Stock Exchange(SSE), with references to the GRI Standards released by Global Report-ing Initiative (GRI), the SDG Compass of the United Nations, the ISO 26000:2010 Guidance on Social Responsi-bility by the International Organization for Standardization (ISO), the Study on the Preparation of ESG Reportsof Listed Companies Controlled by Central Enterprises issued by the State-owned Assets Supervision and Ad-ministration Commission of the State Council (SASAC), the Rules Governing the Listing of Stocks on SSE STARMarket, the SSE Guidelines No.2 on the Application of Self-Regulation Rules for Listed Companies on SSE STARMarket - Voluntary Information Disclosure, the Notice on Working E?ectively Disclosure of 2023 Annual Reportsof Listed Companies on SSE STAR Market, the SJ/T16000-2016 Guidance on Social Responsibility of Informationand Communication Technology Industry issued by China Electronics Standardization Association (CESA), andother related guidelines.
References
Unless otherwise indicated, all information and data referenced in this report is based on the Company's internaldocumentation or relevant public documents. This report has been reviewed and approved by the Company'sBoard of Directors. The Board of Directors of the Company warrants that this report contains no inaccurate re-cords, misleading statements or major omissions.
Data Source
Unless otherwise indicated, all monetary amounts are listed in RMB for this report.
Monetary Unit
AbbreviationFull NamepackagingRefers to
Process the semiconductor integrated circuit on the wafer intousable chips with carrier and pins through wires and variousconnection means for the purposes of placing, fixing, packagingand protecting chips, as well as enhancing its electrothermalperformance.integrated circuit or ICRefers to
A device fabricated by integrating a large number of components ofa circuit into a single crystal wafer.waferRefers to
The silicon wafer used in the fabrication of integrated circuit. Itcan be fabricated into various circuit element structures afterprocessing and turn into integrated circuit products with specificelectric functions.Li-ion battery fast chargingRefers to A kind of fast charging technology based on lithium-ion batteries.AFRefers to
Auto Focus, a technology that automatically focuses by movingmultiple lensesOISRefers to
Optical Image Stabilization. To avoid or reduce the phenomenon ofinstrument jitter in the process of capturing optical signals throughthe setting of optical components in cameras or other similarimaging instruments, thereby improving imaging qualityVoice coil motor driver chipRefers to
It is used inside the camera module to control the voice coil motorto achieve automatic focus functionBuckRefers to
One of the three basic topologies of the switching power supply.Buck circuit steps down the input voltage and generates an outputaverage voltage that is smaller than the input voltage.Voice coil motorRefers to
A type of linear DC motor, originally used in speakers to createvibration for sound production. Now it's utilized in devices to movelenses for auto focus.Load switch chipRefers to
A type of power management chip. The load switch is a space-saving integrated power switch. This type of chip includes functionslike reverse current blocking, overcurrent protection, thermalshutdown, and automatic output discharge.SIM card interface level shifting chipRefers to
User identification module (SIM card)/smart card interface levelshifting chip. It facilitates the logic voltage compatibility betweena mobile phone's main chip and a SIM card, while also providingdischarge protection.E-Fuses load switch chipRefers to
Programmable electronic fuses. It can calibrate circuit parameters,control current and voltage, and ensure the circuit operatesnormally, thereby preventing accidental output short circuits andunexpected overloads.OCPRefers to
Over Current Protection. When OCP is triggered, and the DC powersupply enters a current-limiting state, OCP takes control after aspeci?ed delay, shutting o? the DC power supply's output.NVTSRefers toNavitas Semiconductor CorporationNavitasRefers toNavitas Semiconductor Limited, a subsidiary of NVTS
The electronic version of this report is available for downloading at the website of SSE (www.sse.com.cn) and thewebsite of the Company (www.halomicro.cn).This report is published in English. The English version is based on the translation of the Chinese version, and isfor reference only. In case of any inconsistency between two versions, the Chinese version shall prevail.For any further inquiries or suggestions on this report and the Company's ESG work, please contact us via:
Address: Unit 305-308, Building A8, Core Zone, Qiandenghu Venture Capital Town, No. 6, North Guilan Road, Guic-heng Street, Nanhai District, FoshanPhone: 0757-81280550E-mail: ir@halomicro.com
Access to the Report
About This ReportHalo Microelectronics 2023 Environmental, Social and Governance (ESG) Report
0506
Message from Chairman
Halo Microelectronics Co., Ltd.TAO HAI Chairman
Message from Chairman
0506
In 2023, the global semiconductor industry experienceda severe downturn, posing significant challenges forHalo Microelectronics. However, we adhered to ourlong-term vision, maintained steady operations, soughtmotivation, created opportunities, and reshaped theorganization through strategic and cultural initiatives.We achieved efficient management, drove innovationin talent and technology, deeply engaged in the analogchip ?eld, and diversi?ed our business layout. The Com-pany implements the ESG principles, focusing on ESGgovernance as a key initiative. Halo Microelectronics iscommitted to integrating green development and oper-ation principles from a strategic perspective, writing anew chapter of vibrant and buoyant corporate growth.Integrating Green Concepts into the Ecosystem of theEnterpriseHalo Microelectronics, upholding its green mission, isdedicated to developing e?cient and low-consumptionanalog chip products. Through innovative design, weenhance performance and reduce power consumption,offering users high-performance, high-reliability greenelectronic products. We actively advocate for greeno?ce practices and operations, employ a series of mea-sures to raise environmental awareness among employ-ees, foster a green environment, enhance supply chainrisk management awareness, and strive for the harmoni-ous coexistence and a shared green future.
Optimizing Management Services in Collaboration with Technological Innovation
Halo Microelectronics fosters development through innovation, creating competitive technological barriers, fo-cusing on the synergistic e?ects of technology and management, continuously optimizing innovation manage-ment and our rich innovative achievements. We place high importance on intellectual property protection, estab-lish a comprehensive quality management system, and are committed to providing customers with high-qualityproducts and services. We value customer experience, optimize complaint handling processes, establish a com-prehensive information security management system, and in 2023, did not experience any cybersecurity inci-dents. With comprehensive strength and steady steps, we con?dently advance towards challenges.Facilitating Mutual Bene?ts by Practicing Social ResponsibilitiesHalo Microelectronics is committed to achieving mutual bene?ts for society, deepening collaboration with do-mestic and international teams, and partnerships among enterprises, universities, and research institutes. Weaccelerate the application of new technologies, actively participate in public welfare activities, support rural re-vitalization and youth education, ensure fair employment, protect the legal rights of employees, promote careerdevelopment and health safety, focus on humanitarian care, and enhance the happiness and sense of belongingamong employees. Together with all stakeholders, we forge a people-oriented foundation with responsibility.Constructing a Solid Foundation for Steady Development Through Excellent GovernanceHalo Microelectronics focuses on improving governance. In the year of 2023, the Company's Chinese name waso?cially renamed "希荻微电子集团股份有限公司". It established a wholly-owned subsidiary in Beijing, launchedthe IVS division, integrated the original business division layout, optimized management processes, and en-hanced market response e?ciency, o?cially entering a new phase of "group management control, large-scaleoperations, and specialized management."Despite the long trek ahead, there's no need to worry about the trials and tribulations along the way. Everyone atHalo Microelectronics will continue to uphold the mission of "Making life better with green energies", taking ?rmsteps towards the envisioned blueprint, working as a team, actively progressing, and tirelessly pursuing to forgeahead and achieve long-term stability.
Halo Microelectronics 2023 Environmental, Social and Governance (ESG) Report
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About Halo Microelectronics
Company Pro?leHistoryStrategy and Culture
Business LayoutNumbers on HaloMicroelectronicsHonors and Awards
Halo Microelectronics 2023 Environmental, Social and Governance (ESG) ReportAbout Halo Microelectronics
0910
Halo Microelectronics 2023 Environmental, Social and Governance (ESG) Report
Company Pro?le
Founded in 2012, Halo Microelectronics Co., Ltd. waslisted in the SSE STAR Market in January 2022 withthe stock code of 688173.SH. It is one of the leadingdomestic suppliers for chips in power managementand signal chain. The Company mainly specializes inthe R&D, design and sales of analog integrated circuitproducts including chips in power management andsignal chain. It has established a cutting-edge R&Dand management team with top minds from interna-tional backgrounds and has successfully developedan array of high-performing chip products with highefficiency, high precision and high reliability. TheDC/DC chips, super-fast charging chips and otherproducts of the Company boast highly comparableperformance with that of similar products producedby domestic and international leading manufactur-ers. The Company continues to expand and deepenits cooperation with both domestic and internationalbrand clients, also adds a new product line for voicecoil motor driver chips, continuously enriching itsportfolio of products.
About Halo Microelectronics
History
2012The Company was established.2014The very ?rst switching charger chip HL7005 developed by the Company was o?cially launched on the market.
2017Wireless charger chip was included in Qualcomm's reference design.
2020
Our products were successfully included in the supply chain of clients such as MTK, Xiaomi, OPPO and Honor.2021Our products were successfully included for use in the supply chains of Samsung, vivo and Audi in Germany.
2019
The very first domestic audio and data signal switching chip was launched and mass-produced by domestic
premium brand mobile phone manufacturers;
The super-fast charging chip - a high-voltage charge pump product was innovatively launched and was exclusively
supplied for use in the ?agship handset of a well-known brand, marking the release of high-voltage charge pump
charger for the ?rst time globally;
Our products were successfully included for use in the supply chain of Transsion.
2023
Collaborating with Navitas, focusing on key development areas, and exploiting the market of the third generation of
semiconductors
Granted patent for the collaborative research results with Princeton University
The Company's Chinese name was o?cially renamed "希荻微电子集团股份有限公司"
The "Con?gurable Multi-Channel High/Low Side Driver Chip" project participated in the 2023 automotive-grade
chip technology initiative "Unveiling Commanders" for major tasks organized by Beijing Municipal Science &
Technology Commission, Administrative Commission of Zhongguancun Science Park. The project was successfully
approved, and the Company established a new wholly-owned subsidiary, "Halo Microelectronics (Beijing) Co., Ltd.",
to undertake the project
2022
The Company was registered with the SSE STAR Market;
The Company was accepted as a member of the JC-40 Committee under JEDEC and it will participate in the joint
development and formulation of technical speci?cations for next-generation integrated circuit pertinent to chips for
power management and power devices;
The automotive-grade chip for power management has been successfully used in automobile brands such as
XPeng, Hongqi, AITO and Changan Auto.
2015
The industry-leading switch-based buck converter chip was launched;
The automotive switching buck converter chip was included in the reference design of Qualcomm's intelligent
cockpit vehicle platform in the United States.
2018
The Company successfully passed the ISO 9001 Quality System certi?cation;
The automotive charger chip was included in the supply chain of Kia and Hyundai Motor in South Korea.
1112
Strategy and Culture
Since its establishment in 2012, Halo Microelectronics has always adhered to the mission of "Making life better withgreen energies", forming a development strategy focused on customers, products, talent, innovation, and brand. TheCompany is committed to becoming an international leader in the niche market of analog chips, o?ering industry-lead-ing analog and power management chips and solutions to enable high-e?ciency smart system applications globally.In the future, Halo Microelectronics will further deepen its chip product layout in segmented areas such as powermanagement, port protection, and signal switching, and orderly expand into ?elds like power conversion products.In the meantime, the Company puts e?orts into expanding the product line of voice coil motor driver chips related toAF/OIS technology, and combining with existing power management and signal chain chip products to consolidate itsposition in the ?eld of consumer electronics. In addition, the Company will develop a more targeted plan for the auto-motive electronics ?eld based on its current consumer electronics and automotive electronics application ?elds whilecontinuing to maintain the products' compliance with the AEC-Q100 speci?cation, extend its business to communica-tions and storage ?elds and constantly create new sources for increasing revenues.
Keeping the core advantages, constantly surpassing ourselves
Strategies of the Company
Strategic Vision Board
Making Life Better with Green Energies!
To provide industry-leading analog and power management chipsand solutions to enable energy e?cient intelligent system applications worldwide.To be an expert of signal chain and power management chips, while widening the application of our products in the
sectors of industrial power and automotive electronics.Integrity and honesty, passionate innovation, knowing both ourselves and our components, win-win cooperationDevelopment
Philosophy
Talent CultivationPhilosophy
Business Philosophy
Management
Philosophy
Service PhilosophyFocus on mainbusiness andensure continuousinvestment in futurecore competitiveness
Respect thedi?erences betweenindividuals, learn andgrow together
Achieve multi-win outcomefor customers,employees,shareholders andsociety
Quality ?rst
Provide customerswith more valuableservices
MissionVisionPositionCore ValueOrganizationalPhilosophy
Core Strategy
Basis
Customer StrategyProduct StrategyTalent StrategyInnovation StrategyBrand Strategy
Maintain CustomerStickinessReference Design
Market IntroductionSystematic Control
Multi-point LayoutTalent Echelon
Increase ProductDepthFrontier Layout
To become an expertof power and signalchain productswith stability andreliability, guaranteedquality and leadingtechnologyInstitutionalization ofinternal managementprocess
E?cient control of R&D
output system
Quality controlmanagement
Digital workplacetechnologies such as OA/
ERP
To become an international-leadingenterprise in the market segment of analog chip
Corporate Culture
People-oriented, valuing the individ-uality and diversity of employees,creating a conducive environmentfor learning and growth, fosteringa harmonious, equitable, and sup-portive work atmosphere, enhanc-ing organizational cohesion and loy-alty, and driving collective success
with the Company's growth!
Humanity
Corporate
Culture
Driven by innovative develop-ment, committed to the path ofhigh-performance analog chipresearch and development,delving deep, daring to inno-vate, and being a pioneer!
Innovation
Customer-centric, insistingon comprehensive reliabilitytesting for every new product,establishing high industry stan-dards for quality control andreliability systems, and provid-ing customers with high-per-formance, high-quality analogchip products.
Quality First
Oriented towards open coop-eration, creating social valueof enterprises, achieving mu-tual bene?ts for the Company,employees, shareholders, and
society.
Win-Win
Reasonably allocating talents, tech-nology, capital, and informationresources, leading the coordinateddevelopment of products, systems,culture, and innovation, maintainingthe Company's core competitive-ness in domestic and internationalmarkets, and building a sustainable
brand image.
SustainableDevelopment
Halo Microelectronics 2023 Environmental, Social and Governance (ESG) ReportAbout Halo Microelectronics
1314
Business Layout
As one of the leading domestic enterprises in the design of integrated circuits, Halo Microelectronics specializes in theR&D, design and sales of analog integrated circuits including chips in power management and signal chain. The mainproducts are analog integrated circuits including chips for power management and signal chains in the consumer elec-tronics and automotive electronics ?elds. The current product series includes DC/DC chip, lithium battery fast chargerchip, port protection and signal switching chip, power switching chip, etc., all delivering outstanding performances likehigh efficiency, superior precision and incredible reliability. Additionally, in 2023, the Company added a new productline—voice coil motor driver chips related to AF/OIS technology. The Company's main product layout is as follows:
In the consumer electronics ?eld such as mobile phones, the products developed by Halo Microelectronics have been well rec-ognized by major chip platform manufacturers like Qualcomm and MTK, and they have been extensively used in the consumerelectronic products by brands such as Samsung, Xiaomi, Honor, OPPO, vivo, Transsion, Google and Logitech, covering a variety ofmobile intelligent terminal devices including medium-and high-end ?agship models.
Halo Microelectronics continues to drive deep in the automotive electronics sector. In 2015, the plan for automotive-grade chips bythe Company was firstly started with Qualcomm's 820 automotive-grade recreational platform, then the automotive-grade DC/DCchips were officially supplied to the Kia series of Hyundai in Korea through YuraTech since 2018, followed by official supply to Audioin Germany in 2021. As of now, the automotive-grade products developed by the Company have been used in Audi, Hyundai, Kia,Xpeng, Hongqi, AITO, Changan Auto and other automobile brands in various countries like China, Germany, Japan and Korea. TheCompany has initiated multiple new research topics for automotive chips, with over 20 products in the R&D pipeline developed ac-cording to the AEC-Q100 Grade 1 standard either in the research and development or definition phase, and more than 15 productsready for sampling, providing technical and product reserves for the Company's expansion into the automotive electronics market.Additionally, in June 2023, the Company participated in the 2023 automotive-grade chip technology initiative "Unveiling Command-ers" for major tasks organized by Beijing Municipal Science & Technology Commission, Administrative Commission of ZhongguancunScience Park with the "Configurable Multi-Channel High/Low Side Driver Chip" project which was successfully approved. In October2023, the Company launched an automotive-grade low IQ synchronous boost control chip, leading the new trend in power manage-ment. In November 2023, the Company was honored with the "Chip Development in Yizhuang · 2023 Top 50 Automobile Chips".
Consumer Electronics
Automotive Electronics
DC/DC chip
Lithium battery chargingmanagement chip
Port protection
and signalswitching chip
Power switching
chip
Voice coil motordriver chipConsumerElectronics, e.g.,Smart phonesBuck converter chipBoost converter chipAutomotiveElectronicsBuck converter chipBoost converter chipHigh pressure LDOCommunication andStorageBuck converter chip
ConsumerElectronics, e.g.,Smart phonesHigh pressure charge
pumpLow pressure charge
pump
ConsumerElectronics, e.g.,
Smart phonesHigh-precision micro-current chargingHigh current switch
charging
ConsumerElectronics, e.g.,Smart phonesAudio and data signalswitching chipLoad switch chipUSB TYPE-C interfaceprotection chipSIM card interfacelevel shifting chipAutomotiveElectronicsHSSCommunication andStorageE-Fuses
White goodsMotor driver chip,
module
ConsumerElectronics, e.g.,Smart phonesVoice coil motor open-loop/closed-loopdriver chip of cameraOIS voice coil motor/SMA memory metalmotor driver chip ofcamera
Super-fast charging chipFast charging chip
Numbers on Halo MicroelectronicsFinancial Data HighlightsESG data highlights
Halo Microelectronics 2023 Environmental, Social and Governance (ESG) ReportAbout Halo Microelectronics
With the recovery of the consumer electronics industry, the Company's performancehas risen steadily quarter by quarter. In the third quarter, the operating income was RMB
136.4703
million, a quarter-on-quarter increase of
61.41
%; In the fourth quarter, theoperating income was RMB
132.4385
million, which was basically the same as that in thethird quarter.In the second half of 2023, the Company sold the stock assets obtained from the NVTS equi-ty transfer and technology licensing transaction. The above transaction led to an increasein the Company's retained earnings by
30.8691
million dollars, optimized the Company'sasset structure, improved asset liquidity, and realized the preservation and appreciation ofassets. At the end of the reporting period, the Company's total assets were RMB
2.0163737
billion, an increase of
3.59
% over the end of the previous year; The net assets attributableto shareholders of listed companies were RMB
1.8349386
billion an increase of
2.29
%over the end of the previous year.During 2023, the total shipment amount of all product lines of the Company was RMB
621.106
million, an increase of
11.02
% over the same period of the previous year, ofwhich the shipment amount of the Company's new product line of voice coil motor driverchips during the reporting period was RMB
252.4827
million, which is one of the maingrowth points of the Company's shipment amount.The Company attaches great importance to the accumulation and innovation of its ownR&D and technology, and continues to invest in large-scale R&D, thereby driving the per-formance improvement and new function integration of various products, facilitating theevolution and iteration of products, and improving the Company's core technology com-petitiveness. During 2023, the Company's R&D expenses were RMB
237.4343
million,an increase of
17.26
% over the previous year, accounting for
60.32
% of the Company'soperating income; There were
new invention patent grants, and as of the end of the re-porting period, the Company has obtained a total of
invention patent grants, including
overseas patents.
1516
Honors and Awards
High-tech Enterprise Certi?cate
A Characteristic Enterprise with Specialization,Delicacy, Feature and Innovation in Foshan
"Excellence Innovation Award" on the 30thAnniversary Celebration of Guicheng Chamber
of Commerce in Nanhai District, Foshan
Science and Technology Leading Enterprise in
Nanhai District, Foshan
Foshan Excellent Innovation andEntrepreneurship Team Enterprise
Outstanding Talent Team Project in Nanhai
District, Foshan
Annual Support Unit of the 20th "Zhan TianyouCup" Youth Science and Technology Innovation
Contest in Nanhai District, Foshan City
Small and Medium-sized Enterpriseswith Specialization, Delicacy, Feature and
Innovation
Science and Technology Leading Enterprisein Foshan in 2023 (Science Innovation and
Entrepreneurship Team)
Excellent Enterprises in Digital ApplicationInnovation in Nanhai District, Foshan
Top 50 Player in Growth Group of Guangdong-Hong Kong-Macao Greater Bay Area - High-valuePatent Portfolio Layout Competition 2023
The First CRHC Cup · ESG Golden Bull Awardfor Top 50 Science and Technology Leading
Enterprises
Gold Award for Best Strategic Partner 2023
Outstanding Technical Breakthrough Awardin the Domestic Analog IC Industry
Best Delivery Award 2023
Annual Supporter Award
Chip Development in Yizhuang · 2023 Top 50
Automobile Chips
Halo Microelectronics 2023 Environmental, Social and Governance (ESG) ReportAbout Halo Microelectronics
1718
ESG Strategies andManagement
ESG Responsibility ManagementInteractions with StakeholdersAssessment of Material Topics
Halo Microelectronics 2023 Environmental, Social and Governance (ESG) ReportESG Strategies and Management
1920
Halo Microelectronics 2023 Environmental, Social and Governance (ESG) Report
ESG Responsibility Management
ESG Strategies and Management
Halo Microelectronics is committed to enhancing the level of sustainable development over the long term, ac-tively fulfilling corporate social responsibility, integrating ESG concepts into the Company's strategic planningand operational management, paying attention to environmental, social, governance, and other aspects of ESGissues, continuously improving ESG governance level, and promoting sustainable development of the enterprise.
The Board of Directors of Halo Microelectronics has a Strategy and Development Committee responsible for thecomprehensive leadership of ESG work, in charge of researching, formulating the Company's ESG strategic plan-ning, strategic goals, governance structure, and management systems, establishing ESG-related risk and oppor-tunity identi?cation processes, regularly analyzing related risks, and reviewing the Company's ESG reports andother ESG-related disclosures to ensure all processes meet corporate needs, relevant laws and regulations, regu-latory requirements, and international standards.
ESG Strategy
ESG Governance Structure
Interactions with Stakeholders
Halo Microelectronics places great emphasis on stakeholder communication, continuously improving the stake-holder communication mechanism. The Company actively maintains communication with shareholders andinvestors, government and regulatory bodies, customers, employees, suppliers and partners, communities, andthe environment, establishing a communication mechanism that combines real-time and scheduled communi-cation, specialized communication, and unscheduled exchanges. At the same time, it actively utilizes new mediaplatforms, encouraging all parties to actively participate in interaction, promptly listen to, and address concernsof stakeholders, ensuring smooth and regular communication with all stakeholders.
Halo Microelectronics Co., Ltd.
Strategy and Development Committee
Board of Directors
ESG Working GroupExecutive DepartmentsBoard ofDirectors O?ce
HumanResources andAdministrationDepartment
R&DDepartment
Supply ChainManagementDepartment
…
QualityInspectionDepartment
SalesDepartment
InternalAuditDepartment
ESG Strategies and Management
Assessment of Material Topics
Halo Microelectronics maintains active communication with internal and external stakeholders through surveysand other methods. Referencing the compilation standards adopted by this report and the features of the Com-pany's business, a two-dimensional matrix is developed. Based on the impact of the Company's business on theeconomy, society, and the environment, ESG key topics are identi?ed from two aspects: stakeholder assessmentand the impact of company decisions. The Company proactively understands the issues of concern to stakehold-ers, actively takes related actions, and timely communicates the e?ectiveness of such actions.
Matrix of Material Topics
Identi?cation of topicsQuestionnaire
Identify major trends perti-nent to the Company throughpolicy analysis, industryresearch, peer comparison,stakeholder communication,then identify the materialtopics based on the nationalpolices and key points of highconcern in the capital market.
Conduct questionnaire-basedinvestigations on stakehold-ers such as primary employ-ees, government institutions,investors, clients and suppli-ers so as to properly generatecomments on the materialityassessment of ESG topicsfrom both internal and exter-nal stakeholders.
Perform rational analysis ofthe results obtained fromthe questionnaires and givea final ranking for the ma-terial topics of stakeholdersby fully considering therelevant national policies,key points of high concern inthe capital market and peerperformance.
The management of the Com-pany performs careful perusaland review of the results fromthe analysis of material topicsto finally establish key infor-mation to be disclosed in thisreport, objectives of futureESG management and specif-ic implementation plans.
Analysis of materiality
Con?rmation by the
Management
Importance to Stakeholders
Importance to Halo Microelectronic
GovernanceEnvironmentalSocial
Item Number1 EnvironmentManagement Policies2 Emissions ofPollutants3 Hazardous WasteDisposal4 Use and Recyclingof Resources5 EcologicalEnvironmentProtection6 Combating ClimateChange7 Green Products andServices8 Clean TechnologyInnovation9 Protection ofEmployees' Rightsand Interests10 OccupationalHealth and Safety11 Employee Trainingand Development12 Employee Care13 Safe and StableOperation14 Customers' Rightsand Interests
15 TechnologicalInnovation16 Intellectualproperty protection17 Supply ChainManagement18 Social Welfare
19. Product Quality
Management20 CompanyGovernance
21. Protection of
Shareholders' Rights
22. Investor Relation
Management23 Risk ControlManagement
24. Compliance
Management25 InformationDisclosure26 Business Ethics27 EconomicPerformance28 ESG Management
2122
Communication with StakeholdersStakeholdersExpectations and requirementsCommunication channels
Shareholders and
Investors
Protection of shareholders' rightsand interestsReceiving return on investmentDisclosure of materialinformationContinuous value creationPreventing business risks
Regular disclosure of businessand ?nancial informationRegular and routinecommunication with investorsShareholders' General MeetingPerformance presentation
Government andRegulatory Agencies
Compliance with laws andregulationsEnvironmental compliancePaying taxes in accordance withthe lawPromoting employment
Daily managementMeetings and communicationSupervision and inspectionTransparent recruitmentQuestionnaire and data transfer
StakeholdersExpectations and requirementsCommunication channels
Employees
Equal EmploymentSalaries and bene?tsOccupational health and safetyFair opportunities for promotionand career developmentVocational trainingHumanistic care
Diverse employmentRemuneration systemImproving health and safetysystemMultiple development pathsOpportunities for exchange oncareer planning education andlearningEmployee satisfaction surveyConcern of female employeesActivity bene?ts
Suppliers, Peers andPartners
Honoring our commitmentsFair, just and transparentprocurementWin-win developmentAgreement honoring anddeliveryIndustry progress
Suppliers managementTransparent procurementHonoring our contractsWhole process quality controlParticipating in seminarsStandard Setting
Customers
Product R&D and technologicalinnovationProduct quality managementInformation security andprotection of trade secretsResponsible marketing
Visits and talksCustomer satisfaction surveyFormulating targeted systemdocuments for customercomplaintsSigning con?dentialityagreementsHolding exhibitionsDealer management
General public
Improving communityenvironmentSupporting public welfareactivitiesGreen and EnvironmentallyFriendlySchool-enterprise cooperation
Providing relief to disastervictimsPublic welfare activitiesGreen o?ce, energy conservation& emissions reductionPromoting cooperation betweenindustry, academia, and researchCampus recruitment
Media
Information disseminationValue sharing
Interview and exchangePress releaseO?cial account/websiteinformationParticipation in events
Halo Microelectronics 2023 Environmental, Social and Governance (ESG) ReportESG Strategies and Management
MaterialityCategoryTopic
Topics of high materiality
SocialIntellectual property protectionSocialCustomers' rights and interestSocialTechnological innovationSocialSafe and stable operationSocialSupply chain managementSocialProduct quality control and managementGovernanceInformation disclosureGovernanceCompliance management
Topics of mediummateriality
GovernanceBusiness ethicsGovernanceRisk control managementGovernanceEconomic performanceEnvironmentalEnvironment management policyEnvironmentalGreen products and servicesTopics of generalmateriality
SocialOccupational health and safetySocialProtection of employees' rightsSocialEmployee care
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Harmonious and Co-prosperityto Build a Land of Hope
Technology Empowerment for E?ciency andReduction in ConsumptionProactive Approach to Green OperationsEnergy Saving and Emission Reduction forE?cient Resource UseMoving Towards Green with Low-carbon O?cePractices
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Technology Empowerment for E?ciency andReduction in Consumption
Harmonious and Co-prosperityto Build a Land of Hope
Halo Microelectronics always adheres to the mission of "Making life better with green energies," and is committedto creating analog chip products with higher e?ciency and lower power consumption. Through innovative designand development, the Company continuously improves product performance and strictly controls power con-sumption indicators, thereby providing customers with high-performance, high-reliability green electronic prod-ucts, realizing the e?ective use of energy, and contributing to clean energy.
In 2023, the Company introduced the ultra-low quiescent current DC/DC buck conversion chip, HL7543, suitablefor wearable devices, smartwatches, and other applications. With ultra-low power consumption and a compactpackage, this chip brings more e?cient and stable power management solutions to wearable device applications,thereby reducing power consumption in standby mode, extending battery life, and e?ectively solving power man-agement issues in wearable devices.
HL7543 Ultra-Low Quiescent Current DC/DC Buck Conversion Chip
Halo Microelectronics introduces products that are high in e?ciency and low in power consumption. As the demandfor wearable mobile devices becomes increasingly diversi?ed, thin and portable, with long battery life, are pain pointsthat mobile devices need to address. The Company meets the demands of users and industry development, introduc-ing several products that combine high e?ciency and low power consumption through technological innovation, aim-ing to enhance e?ciency and reduce energy consumption, and responding to the global theme of energy-saving andlow carbon.
Improving E?ciency and reducing consumption
In 2023, the Company introduced the HL7139A, a high-e?ciency, high-current charge pump charging chip suitablefor compact electronic devices such as smartphones, tablets, and mobile IoT devices. In a 33 W application scenar-io, this chip (compared to similar products from competitors) can achieve up to 1.3% higher e?ciency and 45%better thermal performance. In a 66 W parallel charging application scenario, this chip (compared to similar prod-ucts from competitors) allows for about 30% smaller overall PCB size, while signi?cantly enabling faster and lowerpower consumption battery charging functions.
HL7139A High-E?ciency, High-Current Charge Pump Charging Chip
Proactive Approach to Green Operations
By strictly implementing and following requirements of Environmental Protection Law of the People's Republicof China, the Law of the People's Republic of China on Environmental Impact Assessment and other relevantlaws and regulations, Halo Microelectronics keeps improving the environment protection system constructionand practices green development strategy, trying to become a resource-conservative and environment-friendlyenterprise. In line with the actual circumstances of business operation, the Company has established relevantenvironmental protection management systems, fully ful?lling the primary responsibility for energy saving andenvironmental protection of listed companies.During the reporting period, the Company has not had any major environmental incidents.
Climate change is one of the greatest risks faced globally. In the process of practicing low-carbon and environ-mentally friendly operations, Halo Microelectronics actively addresses climate change, referencing the frameworkof Task Force on Climate-related Financial Disclosures (TCFD) for disclosing climate-related ?nancial information,carrying out the identi?cation of climate risks and opportunities, and based on this, assessing the related impactsand developing various adaptation and response measures.
Environmental Management System
Combating Climate Change
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Climate-related RiskResponse
Physical Risks
Contingency Risks:
Extreme weather
O?ce buildings, laboratories andequipment might be damaged tocause asset loss, even employeesafety accidents, and maydamage the continuity of businessoperations and economic interestsdirectly or indirectly.
Identify possible damage to assets andprocure necessary insurance.Close attention is paid to weather changes.Warnings and forecasting informationare forwarded timely, and emergencymeasures such as ice and snow removaland drainage are promptly taken toeliminate hidden dangers and reducelosses related to acute weather events.Chronic Risks: Sustainedhigh temperature
Higher temperatures leading toincreased need for cooling, whichfurther increases operational costs;
Applying cooling technology andequipment that are more energy e?cient.
Transition Risks
Policies and Laws Risks
New policies and regulations ongreenhouse gas (GHG) emissionsmay increase the Company'scompliance costs.
Stay on top of the changes in theregulations and policies related to dualcarbon, and formulate correspondingmeasures in a timely manner to activelyaddress the changes.
Market risks
Shifts in upstream anddownstream supplier andcustomer preferences mayintensify the focus on green andlow-carbon products.Rising energy and outsourcingcosts.
Implementing a green procurementphilosophy, and giving priority tooutsourcing manufacturers that areISO14001 certi?ed in the process ofselection;Introducing more energy-saving andconsumption-reducing products withgreen, low-carbon design principles tomeet consumer demands;Promoting energy conservation.
Reputation risks
Poor performance in combatingclimate change and sustainabilitygiving rise to negative feedbackfrom associated stakeholders.
Adhering to sustainable development,actively undertaking social responsibilities,and urging manufacturers to focus onreducing emissions of wastewater, exhaustgas, etc., during production to reducesupply chain environmental risks;Regularly publishing ESG reports anddisclose information on the status of theCompany's energy saving and emissionreduction e?orts.
Energy Saving and Emission Reduction forE?cient Resource Use
Halo Microelectronics strictly observes the Environmental Protection Law of the People's Republic of China, the Wa-ter Pollution Prevention and Control Law of the People's Republic of China, the Atmospheric Pollution Preventionand Control Law of the People's Republic of China, the Law of the People's Republic of China on Prevention andControl of Pollution from Environmental Noise, the Law of the People's Republic of China on the Prevention andControl of Environment Pollution Caused by Solid Wastes and other laws and regulations, in order to standardizethe use and emission of daily o?ce resources.Halo Microelectronics' main business is the R&D and design of analog integrated circuits, primarily utilizing external-ly purchased electricity and water, generating only a small amount of domestic wastewater and o?ce waste suchas discarded electronic devices, without producing industrial wastewater, exhaust gases, waste slag, noise, or otherpollutants. In its business operations, the Company adheres to a sustainable growth strategy, advocating for a greenand low-carbon philosophy, with no environmental protection violations during the reporting period.
Halo Microelectronics places importance on clean and safe management during production. Based on the Fablessoperational model, it e?ectively supervises clean production at the entrusted outsourcing factories responsible forwafer manufacturing and packaging testing. To ensure clean and safe manufacturing, the Company has developeda Hazardous Substances Management Manual based on the IECQ QC080000 standard and the actual circumstances,to manage outsourcing factories, specifying the management objectives, responsibilities, operational processes,and inspection mechanisms for hazardous substances.
Use of Resources and Emissions
Hazardous Substance Management
To e?ectively prevent environmental risk accidents and respond e?ciently and promptly to sudden environmentalrisks, fully control and eliminate pollution, Halo Microelectronics has developed an Environmental Risk EmergencyPlan, clarifying the organizational structure and related responsibilities for emergency environmental risk man-agement, predicting various types of environmental risks that may occur at o?ce sites, organizing, and developingemergency measures, thereby providing important guarantees for environmental safety and employee safety.
Risk Emergency Plan
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Moving Towards Green with Low-carbonO?ce Practices
The Company promotes green office practices, advocating for the reuse of paper to save resources; and posting"Please turn o? the lights", "Please timely turn o? lights, computers and air conditioners after work", and other re-minders in o?ce areas and meeting rooms. The Company regularly conducts waste battery recycling to enhanceemployees' awareness of energy saving and environmental protection through multiple measures, fostering a greenand low-carbon lifestyle.
Green O?ce Actions
1、Posting "Save Water" slogans in pantries and restrooms.
2、Using water-saving devices to prevent leaks and drips.
3、Restrooms are equipped with automatic faucets for smart
water-saving.
Halo Microelectronics actively practices the green and low-carbon philosophy in supplier selection and productprocurement, fully considering environmental protection, resource conservation, safety and health, circular low-car-bon, and recycling promotion, giving priority to purchasing and using energy-saving, water-saving, and materi-al-saving raw materials, products, and services that are bene?cial to environmental protection. The Company hasdeveloped the Supplier Management Control Procedures and Fixed Assets Maintenance and Disposal Procedures,explicitly incorporating environmental considerations into them.
Halo Microelectronics actively engages in environmental protection themed charity activities, conducting variousenvironmental propaganda activities to raise public awareness of environmental protection and deepen the con-cept of environmental protection in people's hearts.
Sustainable supply chain
Welfare Activities about Environmental Protection
Currently, the green beautiful Jiangxin Island has been included as a key work and highlight project of building agreen beautiful Foshan. As an important natural resource of Foshan, Jiangxin Island has extremely high ecologicalvalue and plays an irreplaceable role in constructing the regional ecological pattern and maintaining biodiversity.Halo Microelectronics, headquartered in Foshan, has donated to the project, ful?lling the social responsibility as alisted company.
The Denglongsha Island Construction Project
Green o?ce and operation
Recycling Waste Batteries
Halo Microelectronics values the sensible use of water and has implemented a series of measures such as water-sav-ing initiatives, optimizing production processes, and replacing water-saving devices to e?ectively improve watere?ciency. Meanwhile, the Company promotes the concept of water conservation among employees by posting Wa-ter-saving Slogans and raising awareness about water conservation.
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Mutual Promotion for Win-Win, Upholding the Spirit ofHalo Microelectronics
R&D Support, Quality PrioritizedDedication to Society for Common Bene?tPeople-Oriented for Mutual Growth
3132
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R&D Support, Quality Prioritized
Mutual Promotion for Win-Win,Upholding the Spirit of HaloMicroelectronics
Educational Background of R&D Personnel
The Halo Microelectronics R&D team has a profound industrial background, focusing on the R&D and design ofchips, concentrating on the cutting-edge technology of high-performance analog integrated circuits, precisely cap-turing market demands, coordinating resource management to meet the ever-changing market needs.
Halo Microelectronics consistently views innovation as the key driving force for sustainable growth, highly values theaccumulation of basic technologies, continuously enhances product competitiveness, and builds superior techno-logical barriers, becoming one of the few domestic suppliers that can compete directly with international players inthe global high-end analog chip market. The Company focuses on enhancing the synergy between technology andmanagement, with a multi-product strategy supporting rapid and high-quality growth and development.
Innovation-Driven Development
millionR&D investment
Proportion ofR&D investment
Proportion ofR&D personnelRMB
60.32
%
64.34
%
Educational background ofR&D personnel
ProportionPh.D.9.24%Master's degree32.61%Bachelor's degree53.26%Associate degree4.89%
R&D and innovation management system
Halo Microelectronics adheres to a Fabless business strategy, focusing on the R&D and design of chips, outsourcing wafermanufacturing, packaging, and testing to outsourcing factories. To ensure the quality of R&D, the Company has establishedR&D and Quality Management Systems, Design and Development Control Procedures, Internal Audit Control Procedures,and R&D Expense Accounting Management Methods, among other R&D-related management systems and processes. At thesame time, the Company continually learns from advanced experiences, benchmarks against the top-level design conceptsof mainstream innovation management systems, and, based on its own characteristics, has gradually built a unique R&Dand innovation management system, achieving a process-oriented, systematic, and closed-loop innovation workflow.
Optimizing Innovation Management
In June 2023, the Company participated in the 2023 annual automotive-gradechip technology initiative "Unveiling Commanders" for major tasks, organizedby Beijing Municipal Science & Technology Commission, Administrative Commis-sion of Zhongguancun Science Park with the "Con?gurable Multi-Channel High/Low Side Driver Chip" project which was successfully approved.
Assessment
Extension
Enhancement
Execution
First, assess current R&D innovation capabilities. Study the opportunities and challenges facing the Company, and?nd out where the Company stands in terms of technology trends, competitor moves, and user preferences. Ascertainthe Company's position and clarify our R&D innovation intentions based on these factors.
Assess overall performance. Determine if the R&D innovation objectives are met based on the product review.Examine organizational processes and improve e?ciency by revising the management system, thus closing the loopand improving the performance of the entire R&D and innovation management framework.
Drive innovation by motivating more people in the organization, and foster a culture of innovation within theCompany. The Company's innovation incentive policy includes and is not limited to o?ering honorary titles as well asprizes to teams with excellent project delivery and individuals for ?ling patent applications, etc.
Once a strategic product development plan has been established, the Company allocates resources to support thedevelopment plan, and ensures that the plan is aligned with the strategy in the course.For that matter, Halo Microelectronics has set up a R&D product management framework. The framework linkstogether related resources such as marketing, R&D and engineering with the Product Quality Management Departmentat the junction to accomplish the following tasks together:
Coordinate the allocation of R&D resources, manage the project schedule and promote the steady progress ofproduct development;Coordinate with supply chain to complete the production of products in the engineering phase and prompt theengineering department for testing;Push the R&D and engineering departments to work together for product debugging and to decide whether to reviseit based on the review results, thus forming a closed loop of product development;Coordinate with engineering and marketing department to complete ?nal review and launch mass production whenR&D objectives are met.Halo Microelectronics' R&D product management framework not only follows up on product improvements andamends, but also establishes metrics for those involved in the project to measure progress and evaluate results, sets upcommunication channels between project teams to keep all members abreast of project developments.
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Halo Microelectronics has achieved widespread success in the analog chip market with its excellent performanceindicators. This includes DC/DC chips, lithium battery charging chips, port protection and signal switching chips,and voice coil motor driver chips suitable for the consumer electronics ?eld, as well as high/low side switch chips,automotive Low Dropout Regulator (LDO) chips, E-Fuses and Hot Swap chips, intelligent power modules, etc., de-signed for cutting-edge ?elds such as automotive and cloud computing.
Enriching Innovative Accomplishments
Productline
Introduction
StarProducts
Product advantage
DC/DC chip
Halo Microelectronics independently developed aproprietary control architecture that provides powermanagement chip solutions for boost and buck tomeet the quality requirements of consumer electronicsand automotive electronics. Halo Microelectronics'high-performance DC/DC products integrate lowRdson power MOSFETs, o?ering a highly integrated,high-density, and streamlined peripheral devicesolution for e?cient power conversion. With globallyleading dynamic response performance and e?cientconversion e?ciency, they are particularly suitable forpowering core power systems such as CPUs, GPUs,LPPDR3/4/5, etc.
HL7543
1) Extending battery life
2) Solution possessing smaller size
Lithiumbatterychargingchips
The lithium battery charger product series producedby Halo Microelectronics not only support mainstreamcharging protocols such as USB PD, UFCS and VOOC,they can also deliver extremely high charging e?ciencyto ensure lithium battery charging managementschemes of e?cient charging performance, excellentsafety and reliability for the users.
HL7009A
1) High charging e?ciency
2) High ?exibility of solutions
3) High pin compatibility
4) High degree of miniaturization and
integrationPortprotectionand signalswitchingchip
Halo Microelectronics provides various types ofinterface (port) protection products, which integratethe necessary protection features to ensure that theyprovide users with a power solution that equallyconsiders e?cient charging and full protection.
HL5280A
1) High integration of three-in-one
switching transmission function, enabling
greater ?exibility in system-level design
2) Integrated over-voltage protection
(OVP) and watchdog timer, ensuring
system stability and reliabilityVoice coilmotordriver chips
Halo Microelectronics' innovative Optical ImageStabilization (OIS) chips are equipped with a 32-bitDSP or MCU. The chips set a new standard in imagestabilization and autofocus technology with enhancedfunctionality and advanced performance.
DW97861) Built-in high-performance 32-bit MCU
High/lowside switchchips
At Halo Microelectronics, we are committed todeveloping and providing robust and high-qualityautomotive grade (AECQ-100 quali?ed) products.The Company's automotive products range from DC/DC converters and low dropout regulators (LDOs)to protection switches suited for infotainment, andinstrument clusters.
HL8518
1) Extremely low sleep power
consumption (less than 1uA)
2) Conduction impedance of only 80
milliohms
3) Precise load current detection
capabilityAutomotiveLDOregulatorchips
HL8743
1) Higher power supply rejection ratio
(PSRR)
2) Larger output current
3) More comprehensive protection
features
Productline
Introduction
StarProducts
Product advantage
E-Fuses
Halo Microelectronics is committed to providingsolutions for various types of automotive and industrialapplications. Halo Microelectronics' power switchproduct series can drive capacitors, inductors, andactive loads, featuring comprehensive protection anddiagnostic functions to help users build systems withhigh stability, safety, and intelligence.
HL8511/2HL8521/2
1) High precision current limiting control
2) Ultra-fast OCP (Over Current Protection)
response time
3) Supports single fault failure mode
4) Ultra-low hot plug and surge current
5) E?ectively clamps VOUT to protect
devices
Smartpowermodules
Halo Microelectronics specializes in the ?elds of homeappliance motor drives and power tool motor drives,o?ering solutions for motor driving and brushless DCmotors.
HL9901Series
1) Excellent performance
2) High product integration
3) Comprehensive and reliable protection
features
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The Applied Power Electronics Conference (APEC 2023) was held in Orlando, Florida, USA. APEC, asthe largest and exclusive exhibition and conference in the global power electronics/power supplyfield, gathered professional attendees and power electronics product suppliers from around theworld, providing a high-quality platform for industry colleagues to exchange ideas.From March 21 to 22, 2023, Halo Microelectronics showcased a range of product demos at APEC, of-fering ?ve major solutions including USB Type-C interface protection, automotive power and protec-tion switches, high-e?ciency and large-current DC/DC, motor drive solutions, AF (Auto Focus) & OIS(Optical Image Stabilization), sharing the latest chip R&D achievements in the industry, attracting awide range of customers and partners for visits and exchanges.
Halo Microelectronics at the 2023 Applied Power Electronics Conference
On July 11-13, 2023, the 2023 Electronica China was held as scheduled at the National Exhibition andConvention Center. As a leading domestic supplier of power management and signal chain chips,themed "Making life better with green energies", Halo Microelectronics showcased a variety of newproducts from seven major product lines including lithium battery charging management, high-per-formance DC/DC, port protection, automotive power supply, AF and OIS, motor driver, and AC/DC atthe exhibition. The Company shared the latest technological achievements and solutions with manyindustry professionals who attended the event.
Halo Microelectronics at the 2023 Electronica China
On December 23, 2023, "The Second Power IndustrySupporting Brand Award Ceremony" organized by 21Di-anyuan was held in Shenzhen. Halo Microelectronicswas invited to attend and won the "Outstanding Tech-nical Breakthrough Award in the Domestic Analog IC In-dustry". This honor represents the industry's recognitionand high appreciation of Halo Microelectronics' continuous investment in the research and devel-opment of high-performance analog integrated circuits. It also re?ects the industry's expectation forHalo Microelectronics to continue driving the development of the industry in the future.
Halo Microelectronics Wins the "Outstanding Technical Breakthrough Award in theDomestic Analog IC Industry"
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From November 28th to 30th, 2023, the "Chip Development in Yizhuang" event was organized underthe guidance of the Beijing Municipal Science and Technology Commission and the Beijing Munici-pal Bureau of Economy and Information Technology, hosted by the Management Committee of theBeijing Economic-Technological Development Area, and undertaken by Gasgoo. The event consistedof three main components: an automotive chip competition, an automotive chip conference, and aclosed-door seminar. Among these, Halo Microelectronics was honored with the "Chip Developmentin Yizhuang · 2023 Top 50 Automobile Chips" during the automotive chip competition.This award recognized Halo Microelectronics' long-term dedication to the development and tech-nological innovation of automotive chip products and its leadership in industry development. Asearly as 2015, Halo Microelectronics' independently developed DC/DC chips were incorporated intoQualcomm's global automotive-grade platform reference design. Up to now, Halo Microelectronics'automotive-grade products have been applied to car brands from China, Germany, Japan, Korea, andother countries.
Halo Microelectronics honored with the "Chip Development in Yizhuang · 2023 Top50 Automobile Chips"
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Halo Microelectronics places great emphasis on invention and innovation and insists on integrating patent creationthroughout the project research and development and production operations.In accordance with the Patent Law of the People's Republic of China, the Detailed Rules for the Implementation of thePatent Law of the People's Republic of China, and other laws, regulations, and related provisions, the Company hasestablished a Patent Management Committee, which is overall responsible for the Company's patent-related work. TheCompany has formulated the Intellectual Property Management Measures, completing the management systems ofresearch and development, and intellectual property, supporting and promoting technological breakthroughs and theapplication and promotion of achievements, and expanding the Company's leading business advantages.
Intellectual Property Protection
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No.
Core TechnologyCategory
SourceIntroductionApplication Scenario
High-performanceDC/DC conversiontechnology
Independentresearch anddevelopment
Innovative hysteresis control methodto achieve rapid load dynamicresponse, high e?ciency, low ripple,and smooth switching betweencontrol modes
Consumer electronicssuch as smartphones
Lithium batteryfast chargingtechnology
Independentresearch anddevelopment
E?cient switch-mode charging andhybrid fast charging circuit topologyto meet the changing fast chargingneeds during the lithium batterycharging cycle
Consumer electronicssuch as wearable devices
Charge pumpsuper-fastchargingtechnology
Independentresearch anddevelopment
High-e?ciency and high-reliabilitycharge pump buck topology andcorresponding driving and protectioncircuit technologies
Consumer electronicssuch as smartphones
Power conversiontechnology
Independentresearch anddevelopment
Including high-performance AC/DC conversion topologies andcorresponding closed-loop controlalgorithms, as well as high-reliabilityhigh-voltage power device gatedriving and other analog integratedcircuit technologies.
White goods, industrialcontrol servo systems,etc.
High-performancegeneral-purposeanalog integratedcircuit modules
Independentresearch anddevelopment
Various high-performance analogintegrated circuit modules, includingLDOs, charge pumps, AD converters,current detectors, multipliers, drivercircuits, etc.
Consumer electronics,automotive electronics,etc.
E?cient andhigh-?exibilitywireless chargingtechnology
Independentresearch anddevelopment
Including various new receiver-endpower conversion topologies for low-frequency wireless fast charging andhigh-frequency wireless chargingsystem architecture and controlmethods supporting high ?exibility
Consumer electronicssuch as smartphonesand wearable devices
Automotive andindustrial-gradeanalog integratedcircuit technology
Independentresearch anddevelopment
Including high-performance powerconversion and load switch analogintegrated circuit technologies withhigh stability, safety, and reliability
Automotive electronics,data centers, etc.
Port protectionand signalswitching circuittechnology
Independentresearch anddevelopment
Including port ESD circuitprotection, surge protection, andload switch anti-lock protectioncircuit technologies to achieve portprotection and signal switching withminimal impact on signal bandwidth.
Consumer electronicssuch as smartphonesand laptops
As of the end of the reporting period, Halo Microelectronics has obtained a total of 69 invention patent grants, including 41domestic invention patents and 28 overseas ones, with a patent application grant rate of 100% over the past ?ve years.
All of Halo Microelectronics' patents are applied to products, with core technologies utilized in the design of mainproducts such as DC/DC chips, super-fast charging chips, lithium battery fast charging chips, port protection chips,signal switching chips, and automotive and industrial grade products. It has not only established a leading technicalposition of its products within the country, but also made continued e?orts to realize industrial application.
Invention patentgrants
Domesticinventionpatents
Overseasinventionpatents
4128
Patents Empower Product Upgrades and IterationsSince being proposed in 1965, the spirit of innovationembodied by Moore's Law has been driving the semi-conductor industry forward and continuously chang-ing the world. As a company that upholds the spiritof innovation, Halo Microelectronics keeps breakingthrough its limits, leveraging core patents that encap-sulate innovative technologies to facilitate the upgradeand iteration of products. Leveraging core researchachievements such as high-performance DC/DC con-version technology, lithium battery fast charging tech-nology, and charge pump super-fast charging technol-ogy, the Company has developed a series of productsthat are highly efficient, low power consuming andhighly reliable which greatly improve user experienceand receive wide market recognition. For example,for wearable device applications, the Company haslaunched several high-performance charging chips toprovide users with a more efficient, safer, and morereliable charging experience.
Patent Technology Application Boosts Product Development
With the extensive experience of the founding team in the ?eld of analog chips and the continuous research anddevelopment by the central technical team, Halo Microelectronics has formed a core technology system withstrong industry competitiveness, playing a crucial role in each series of main products. As of the end of the report-ing period, the Company possesses 8 main core technologies, all of which are independently developed. Eachcore technology has applied for intellectual property protection, as detailed in the following table:
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Product advantages:
1. A wider input operating voltage to help enhancing power e?ciency and energy savings. The HL7095
supports a wide input operating voltage ranging 3.9 V to 12 V, meeting the needs of various fast chargingscenarios. It not only improves the power supply's reliability, stability and e?ciency, but also saves energy,reduces power loss, and decreases the failure rate of the power supply.
2. Dual LDO integration upgrade to satisfy lightweight and portable needs. The HL7095 integrates two
LDOs, capable of powering accessories such as headphones or LEDs, making it an ideal choice for small-sizedwearable devices. This product e?ectively simpli?es system design, achieving the lightweight and portabilityof wearable devices, and bringing a more convenient and ?exible user experience.
3. Innovative power management technology to e?ectively extend battery life. The HL7095 facilitates
quick battery charging with +/-0.5% charging voltage accuracy and a 10 mV step size. Under low quiescentpower consumption in transportation mode and e?cient reverse boost mode, the HL7095 can signi?cantlyextend device use time and reduce battery power consumption, e?ectively addressing power managementissues in wearable devices.
HL7095, an I
C-controlled single-battery charging management chip with two LDOs
Product advantages:
1. Smaller chip size to enable higher design ?exibility for prod-
ucts. Compared to competitive products from other companies,
the HL7132D has a smaller packaging size, thereby reducing thearea taken by the system and enabling higher system-level de-sign ?exibility, making the overall solution more compact.
2. Reduced heat loss to efficiently enhance product battery
life. Compared to competitive products from other companies,the HL7132D has a higher energy utilization rate, which meansless energy loss and heat production that enhances the prod-uct's energy-saving and environmental performance, e?cientlyimproving battery life, and providing users with a more lastingusage experience.
3. More precise temperature regulation to effectively extend
product lifespan. Compared to competitive products from othercompanies, the HL7132D features a unique chip temperatureregulation function. With this function, the HL7132D can bettercontrol and regulate chip temperature, thereby improving sys-tem stability and reliability, extending the product's lifespan,and o?ering users an exceptional use experience.
HL7132D, a novel dual-phase 30 W charge pump charging chip with a 1:2 reverseboost mode
Upholding the quality motto of "Quality is the Lifeline," Halo Microelec-tronics is committed to ensuring exceptional product quality, stead-fastly providing customers with high-quality products and services.The Company adheres to the ISO 9001 Quality Management System -Requirements, has established a comprehensive quality managementsystem and drafted a Quality Manual to strictly control product deliverystandards. Quality policies, objectives, audit results, data analysis, cor-rective and preventive measures and management reviews are imple-mented and followed to guarantee continuous improvement in quali-ty, services (including delivery), price, technology and management.
Ensuring Product Quality
To further re?ne the Company's operational management mechanisms, reduce or eliminate the impact of various fac-tors that may cause signi?cant business operation interruptions, quickly restore business interrupted under special cir-cumstances and enhance the Company's business continuity management capability, an organizational guarantee hasbeen provided by establishing a Business Continuity Management Committee. Working Rules of the Business ContinuityManagement Committee has been formulated to ensure the orderly and e?ective operation of the Committee and fullyleverage its role in the Company's business and management. In terms of institutional guarantees, the Company has de-veloped the Business Continuity Management Procedures and put strong e?orts to establish a business continuity man-agement system that aligns with its strategic objectives so as to ensure the continuous operation of the business.The Company emphasizes prevention of business interruption by establishing prevention and early warning mechanismsto e?ectively integrate daily management with emergency response. People is prioritized with a focus on ensuring per-sonnel safety. It implements di?erentiated management to ensure the rapid and orderly restoration of critical businessunder special circumstances, while considering the cost and bene?ts of business continuity management. Coordinatedand collaborative operations are insisted, with emphasis put on communication and coordination among departmentsto form an e?ective overall mechanism for responding to operational interruptions.
Business Continuity Management
Given the characteristics of the Fabless businessmodel, the stability of Halo Microelectronics'product quality is highly related to the productionlevel of manufacturing suppliers. The Companystrictly controls supplier admission and dynam-ically adjusts its supplier list, and has formulatedthe Supplier Management Control Proceduresand Supplier Production Operation Standards toclarify work principles and processes for suppliers.Suppliers of the Company must strictly follow therelevant policies to ensure that their product qual-ity meets the Company's and customers' needs.
Regulating Suppliers Management
Quality objective atcompany level:
Exporting defective rate for consumerproducts <
ppm;Out-of-factory defective rate forautomobile grade products <
ppm.
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Supplier Con?rmation
Supplier Risk Management
The Supply Chain Team andQuality Assurance Team areliable for evaluating the sup-pliers of products, and inves-tigating their capabilities fromthe aspects of basic situation,current production and qualitymanagement status, and ISO9001 Quality Management Sys-tem certi?cation. Productionsuppliers must be certi?edby ISO 9001 and ISO 14001;otherwise, they will not passthe preselection.
Supplier certi?cation is re-quired for suppliers classi?edas Risk Level I. The Companyshould also audit the qualitymanagement systems and on-site quality control of pro-duction suppliers, requiringsuppliers to rectify any identi-?ed issues.
Production suppliers that passthe quality system audit andprocess audit can becomequali?ed suppliers. Thosealready included in the list ofquali?ed suppliers should beaudited and considered forrecerti?cation regularly or asnecessary.
Supplier PreselectionProduction Supplier
Certi?cation
Con?rmation of Quali?edSuppliers
0102
Halo Microelectronics has established a system of Supplier Risk Management to improve the risk classi?cationprocess system, determine their risk levels and develop targeted risk response measures for risk management.
Risk Categorization Flow
OPQA
Supplier Risk Classi?cation
Product relatedsupplierRisk level
Risk level 1Risk level 2SuppliercategorizationManufacturer
AssistantMaterial
Forwarder
Product Test
supplier
Supplieridenti?cation
Out of ScopeNY
Response to Sudden Supply Chain RisksHalo Microelectronics is committed to developing a robust safety response mechanism of suppliers. To ensure timelyprevention and e?ective response to sudden supply chain risks, and safeguard stable and continuous business operation,the Company has formulated an Emergency Response Plan for Sudden Incidents in the Supply Chain to specify emer-gency management of sudden incidents in the supply chain. In order to e?ectively implement this Plan, the Company,following the principle of "nimble response and e?cient operation," has established an emergency organizational struc-ture for sudden incidents in the supply chain, in accordance with the requirements of business continuity managementand emergency response. This organization includes an emergency leadership team, an emergency command team, anemergency execution team, and an emergency support team.
Supplier Risk controlRisk LevelCategoryNoRisk
I
Manufacturing
1Supplier operation stop due to ?nancial issue2Capacity limitation caused delivery failure3Products damage due to poor ESD protecting4No Standard procedure caused NPI failure5Products Damage during manufacturing6Wrong material used for production7Expired material used for production8Wrong tooling used for production9Wrong operation due to poor training10Measurement system is not accurate11Inspection unable to detect disquali?ed products12Wrong process parameter was applied13Poor process control caused low yield and non-conformity productsLabeling
1Poor labeling process control caused Lot mixing2Poor print quality caused information missingStorage
1Poor storage H/T control caused material property to deteriorate2Storage control failure caused issue products deliver to customer3Poor storage control caused products damageTransportation
1Products damage during transportation2Failure to deliver on timeRisk LevelCategoryNoRisk
II
Assistant material
1Fail to supply2Poor qualityLogistic
1Products damage during transportation2Products Missing3On time delivery failureProduct Testsupplier
1Test equipment not available2Test equipment not calibrated
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Upholding the principle of Customer Priority, Halo Microelec-tronics regularly conducts customer satisfaction surveys, viewingcustomer feedback as a powerful means to drive technologicalimprovement and business development. In response to com-plaints, the Company has established systems such as CustomerComplaint Handling Procedures and Customer Complaint Analy-sis Procedures, put strict control over after-sales services, aimingto optimize customer experience and seize opportunities for con-tinuous improvement.In 2023, complaints were resolved on average within 9 workingdays, with the complaint handling rate maintained at 100%.
Valuing Customer Experience
Number of suppliers
Number of potential suppliers rejectedfor non-complianceNumber of suppliers in China (theChinese mainland)
Number of suppliers reviewedNumber of suppliers in China (Hong Kong,Macao and Taiwan) and foreign countries
Number of suppliers suspended for non-compliance
Number of ISO 14000 certi?ed suppliers1512Number of ISO 9000 certi?ed suppliers
Number of ISO 45001 certi?ed suppliers
ComplaintHandling Rate
%
Person in chargeDutyQuality Assurance TeamTo organize the initial and quarterly reviews for production suppliersQuality Assurance Team, SupplyChain Team
To conduct reviews of production suppliersQuality Assurance TeamTo summarize review results and notify the reviewed suppliersQuality Assurance TeamTo maintain the quali?ed supplier listDeputy General Manager ofEngineering
To approve the quali?ed supplier list
Since 2023, Halo Microelectronics has received numerous honors, including the "Chip Development in Yizhuang ·2023 Top 50 Automobile Chips," the "Best Delivery Award 2023" from vivo, the award of "2023 Annual Supporter"from Transsion Holdings, and the "Best Strategic Partner 2023" from Q Technology.In June 2023, Halo Microelectronics, as the leading team of the project of "Con?gurable Multi-Channel High/LowSide Driver Chip", was included in the list of nominees for 2023 annual automotive-grade chip technology initiative"Unveiling Commanders" for major tasks.
Information Security Management System
On December 13, 2023, the global leading smartphone brandVivo held the 2023 Quality Communication Meeting withBusiness Partners in Dongguan, Guangdong, attended by Vivopartners from around the world. At this Meeting, Halo Micro-electronics was honored with the "Best Delivery Award 2023"by Vivo.
Halo Microelectronics Wins the "Best Delivery Award 2023" from Vivo
Halo Microelectronics places great importance on the construction and perfection of its information security system,has formed a comprehensive Information Security Management System (ISMS) and technical support scheme thatcover network systems, physical environments, document data security, and monitoring of user behavior, e?ective-ly safeguarding customer con?dential information, key data security, and reputation, and providing customers witha reliable information security defense.
Focusing on Information Security
Access control/entry systems, video surveillance and intrusion detection systems are used to restrict access tothese critical areas to authorized personnel only.Each machine room is equipped with temperature warning and ?re alarm devices to ensure the safety of dataand equipment in emergencies.The Company keeps enhancing the power supply assurance of computer systems, increases the capacity ofUninterruptible Power Supply (UPS) systems in physical machine rooms, and has adopted cloud-based serviceassurance solutions for core business systems to further enhance the physical security assurance of the system.
PhysicalEnvironment
Security
Based on the supplier management system, Halo Microelectronics has established a strict supplier review mecha-nism to conduct regular supplier reviews, continuously optimize the supplier structure and improve supplier quality.
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The Company employs ?rewalls, resource monitoring systems, and security updates to prevent unauthorized ac-cess, malware and cyberattacks.Regular vulnerability scanning and penetration testing are conducted to promptly address potential securityvulnerabilities. The implementation of Virtual Private Networks (VPN) and encrypted communication ensures thesecurity of data during transmission.Establishing secure Wi-Fi networks, restricting device access, and strengthening the management of network de-vices are also crucial steps in ensuring the safety of network systems.Halo Microelectronics has introduced a mature computer resource monitoring management system, providing24/7 monitoring of all server/?rewall/switch/network connections and other core resources across the Company'sdata centers. In case of resource abnormalities, alerts are sent to relevant managers through corporate WeChat/email and other means, ensuring the secure operation of the Company's critical system resources.In 2023, Halo Microelectronics established a cloud-network strategic partnership with China Unicom, using itscomprehensive global network resources to build dedicated network interconnections for the Company's do-mestic and overseas o?ces. The cloud-network has been successfully deployed in Foshan, Beijing, Shanghai andother locations abroad, signi?cantly enhancing network security and reliability.
BeijingSD WAN CPE
Overseas O?cesSD WAN CPE
Legends：
Existing IPSec DirectConnection on Equipment：
Newly Added SDWAN：
Chengdu-Pidu
FoshanSD WAN CPE
ShanghaiSD WAN CPEChengdu-HT South
Shenzhen
The Company implements access control, allowing only authorized personnel to access speci?c ?les and data. Im-portant data is encrypted to prevent unauthorized access during data transmission and storage. Data is regularlybacked up, and the secure storage of backup data is ensured for restoration when needed.Halo Microelectronics' IT Department employs various methods to ensure ?le and data security, including Bit-locker hard drive encryption, OneDrive cloud drive backup and NAS dedicated storage device backup. In 2023, theCompany initiated research on implementing a ?le classi?cation and encryption system, which classi?es import-ant ?les of the Company into several levels such as top secret, con?dential, secret and internally controlled. Filesof di?erent security levels are accessed and managed by colleagues with corresponding permissions, ensuringthat ?les, even if illegally copied and disseminated, cannot be opened.The Company enforces a strong password policy and requires employees to regularly change their passwords. Auser account management procedure is established to timely disable accounts that are no longer needed.Monitoring of employees' internet activities to promptly identify any abnormal behavior. Training is provided tomake employees aware of best security practices and emphasize the risks of social engineering attacks. An auditmechanism is established to track and review user activities, ensuring that they comply with the Company's se-curity policies. In domestic o?ces, the Company has implemented USB copy permission control, allowing onlyregistered and authenticated USB drives to be used on o?ce computers, test benches and external computers.In the ?rst half of 2023, the Company implemented remote access and mobile device management policies basedon the O?ce365 system, ensuring that only company computers and certi?ed personal mobile devices can accesscritical resources such as company email, cloud storage, and document service sites. This further strengthens thesecurity of critical company information while eliminating unsafe external access.
SD WAN
Number of businesssystem downtimes in2023
Number of businesssystem downtimes in2023
Dedication to Society for Common Bene?t
As a multinational corporation, Halo Microelectronics places great emphasis on team building both domesticallyand internationally, reinforcing the development pattern of "taking domestic major circulation as the focus, withdomestic and international dual circulations reinforcing each other." Through organizational restructuring and in-ternational collaborative e?orts, the Company is promoting economic exchanges and collaborative developmentamong regions both at home and abroad.While continually innovating and providing customers with higher quality products, Halo Microelectronics keepsdeepening industry exchanges, shares research resources and cutting-edge technological knowledge to expandthe breadth and depth of technological research, collaborates with the industry, academia and research institu-tions to tackle industrial challenges, and accelerates the research and application of new technologies, sharingthe dividends of development with all stakeholders.
On the basis of self-developed new products and new applications in-house, Halo Microelectronics endeavors toparticipate in enterprise-school partnership to forecast future-proof new technologies. Our partners encompasseminent research universities and research institutions from all around the globe. E?orts will be made to promotethe deep integration of production, education and research, and help train talents for the strategy of "scienti?cand technological innovation".
Accelerating Collaborative Development
Commitment to Enterprise-University Cooperation
In 2023, Halo Microelectronics collaborated with Navitas Semiconductor Corporation (NASDAQ: NVTS), which spe-cializes in the third generation of semiconductors such as gallium nitride and silicon carbide, and signed the SharePurchase Agreement and Intellectual Property License Agreement.Through this transaction, Halo Microelectronics will better focus on high-performance analog products for keytarget markets and related application scenarios; At the same time, by acquiring the shares of NVTS, the Companycan share the bene?ts of Navitas Semiconductor Corporation's further development in the third generation semi-conductor ?eld, and achieve a win-win situation of 1+1>2.
Halo Microelectronics Signed the Share Purchase Agreement and IntellectualProperty License Agreement with Navitas Semiconductor Corporation
10M10M（To Do）10M20M
20M
File DataSecurity
UserBehaviorRegulation
NetworkSystemSecurity
Number of breachesto network andinformation systemsin 2023
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On December 30, 2023, the 20th "Zhan Tianyou Cup" Youth Science and Technology Innovation Contest in NanhaiDistrict held its project showcase and award ceremony. The aim of the contest is to deepen the awareness of sci-enti?c innovation among young people, cultivate students' comprehensive qualities, comprehensively promotescience popularization in Nanhai District, and create a strong atmosphere of "learning science, loving science, anddoing science."
Halo Microelectronics Sets up "Science & Technology Innovation Award" to Supportthe Growth of Youths in Nanhai
Halo Microelectronics actively practices its social responsibilities, remains committed to public welfare and dedi-cates care and services to society through concrete actions. The Company strictly adheres to laws and regulationssuch as the Company Law of the People's Republic of China, the Charity Law of the People's Republic of China,and the Law of the People's Republic of China on Donations for Public Welfare, and has formulated the ExternalDonation Management Methods to standardize the Company's external donation activities and strengthen themanagement of donation-related issues, enabling the Company to better ful?ll its social responsibilities. In 2023,the Company made charitable donations amounting to nearly RMB 30,000.
Contributing to Social Welfare
The Halo Microelectronics-Princeton collaboration is working on a multi-output hybrid power supply architecturefor the next-generation core architecture processors. Researchers from both parties jointly invented a two-stagemulti-output power supply architecture based on a hybrid charge pump circuit.In February 2023, a patent entitled "Power Conversion Circuits and Electronic Devices" (CN202211387831X)was granted to Halo Microelectronics and Princeton University. The results of the project were presented at the3D-PEIM conference of the International Institute of Electrical and Electronics Engineers Electronics Packaging So-ciety (IEEE-EPS) in Orlando, USA, in early February 2024 and won the best paper award at the conference.
Halo Microelectronics actively practices the national strategy for rural revitalization, fully advancing the cause ofrural assistance. In 2023, the Company carried out 2 rural revitalization projects, bene?ting 30 local residents.
Promoting Rural Revitalization
Charitable Activities in Fengkai County
Research results of collaboration between Halo Microelectronics and PrincetonUniversity are granted patents
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On October 19, 2023, as a part of the Company's social responsibility practice, a charity team from Halo Microelec-tronics visited Qiling Village, Dazhou Town, Fengkai County in Zhaoqing City, to carry out education support activi-ties. They showed care in the name of Halo Microelectronics and delivered warmth by passing the "Halo Strength".The Halo Microelectronics charity team provided ?nancial and caring support to children from several families anddelivered custom clothing to students at Qiling Primary School to keep them warm in the forthcoming autumnand winter. They encouraged the children to set lofty ideals and prepare themselves with knowledge.
Halo Microelectronics' Education Support Activities Help Students Pursue Their Dreams
People-Oriented for Mutual Growth
Halo Microelectronics strictly adheres to laws and regulations such as the Labor Law of the People's Republic ofChina, the Labor Contract Law of the People's Republic of China, and the Regulation on the Implementation ofthe Employment Contract Law of the People's Republic of China. It has established the Human Resources Con-trol Procedures, which mandate that the HR and Administration Department shall select and recruit outstandingtalents through public recruitment and position-based competition, as required by requirements of the HumanResource Capability Framework. The selection process follows the principles of virtue-?rst and talent-based, andopenness, fairness and justice, with a focus on the candidates' value orientation and sense of responsibility. TheCompany promises to strictly implement the Provisions on the Prohibition of Using Child Labor, the Special Pro-tection Regulations for Underage Workers as per the State Council's guidelines and EICC standards. It has devel-oped the Child and Juvenile Workers Prevention Control Procedures to resolutely eliminate the employment ofchild labor and forced labor.By the end of 2023, the Company had a total of 286 employees, with 95 new hires within the year, in which femaleemployees accounted for 31.6%.
Ensuring Fair Employment
30-50
Over 50
Employees in China (theChinese mainland)
Female
Employees in China (HongKong, Macao and Taiwan) andforeign countries
Male
Under 30
Newly hired female employees
Newly hired fresh graduateemployees
Newly hired employees
Newly hired male employees
Newly hired social recruitmentemployees
Total number of
employees
Note: Statistics as of December 31, 2023
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Protecting Legitimate Rights and Interests
Halo Microelectronics has established a scienti?c and rational compensation management and bene?ts mechanism.In strict compliance with the Labor Contract Law of the People's Republic of China and the Labor Law of the People'sRepublic of China among other laws and regulations, it has developed the Remuneration Management Methods. In ad-dition to standard salaries, it punctually and fully pays "?ve insurances and one housing fund," sets up stock incentiveplans, actively supplements various special awards, and reasonably stimulates the intrinsic vitality of talents.
Based on laws and regulations including the Labor Law of the People's Republic of China, the Trade Union Law of thePeople's Republic of China, the Company Law of the People's Republic of China, and the Provisions on DemocraticManagement of Enterprises, and in conjunction with the Company's actual situation, Halo Microelectronics has for-mulated the Regulations of the Workers' Congress. With the Workers' Congress functioning as the basic approach, theCompany keeps improving its democratic management system to promote democratic construction, motivate em-ployee enthusiasm, inspire creativity, realize democratic and scienti?c decision-making, and promote sustained andhealthy development of the Company. The Company has o?ered various communication channels for employees, in-cluding QR code feedback, surveys, and employee discussion sessions, to ensure the reasonable rights of employees.
Remuneration and Bene?ts
Democratic Management
Average Paid Leaves ofEmployees
6.24
Days
Employment contractcoverage
%
Employee critical illnessinsurance coverage
%Social insurancecoverage
%
On December 4, 2023, the Company held The First Session of the Second Workers' Congress 2023, which deliber-ated on the election of worker representatives to the second Board of Supervisors and the revision of the Manage-ment Regulations of Workers' Representatives.
Held Workers' Congress Session
Halo Microelectronics places great emphasis on human resource development and talent cultivation. It has formulatedthe Training Management Regulations of the Company, and established a long-term mechanism for employee training,creating a cultural atmosphere that respects knowledge and talent and cares about employees' career development.This strengthens the construction of a reserve talent pool, promotes the continuous updating of knowledge and skillsfor all employees, and continuously enhances employees' comprehensive abilities.
Supporting Career Development
Training in the third quarterTraining in the fourth quarter
In 2023, the Company conducted
employee training sessions,with training expenses totaling RMB226,300, reaching
hours of training and a coverage rate of
% among employees.
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Halo Microelectronics values employee careerdevelopment and is committed to providing em-ployees with a good platform for career develop-ment. The Company crafts scienti?c career paths,continually enhancing employees' abilities andvalues to achieve synchronized development andprogress between the Company and its employ-ees. The Company opens up the opportunity tocompete for internal management positions forall employees by irregularly posting managementposition needs. Employees can achieve personalcareer development and promotion through in-ternal competition system.
Foshan City Artisan (Tan Xiaoliang)
Halo Microelectronics cares about the physical and mental health of employees. It has arranged annual physicalexaminations and organized regular sports activities for employees, including buying them gym memberships toencourage employees to balance their work and leisure and take care of physical health. Additionally, the Companyhas developed the Occupational Health and Safety Management Procedures, improving the management proce-dures for employee health management, o?ce space management, and management of work injuries and occupa-tional diseases to safeguard employees' physical and mental health.In 2023, the coverage rate for Halo Microelectronics' physical examinations and health records reached 100%; in-vestment in occupational injury insurance for employees was RMB 520,000, with a coverage rate of 100%; 145 em-ployees participated in occupational disease examinations, ensuring all those in need are examined; and, the socialinsurance coverage rate reached 100%.Halo Microelectronics actively conducts safety training to strengthen employees' awareness of safety and ensureworkplace safety and personnel safety. In 2023, 58 employees participated in safety training, and the Company'ssafety production training lasted 8 hours.
Safeguarding Health and Safety
Honors of Employees
In 2023, the Company collaborated with the propertymanagement to conduct ?re safety drills, including ex-pert lectures and on-site drills. These activities allowedemployees to get first-hand experience in fire scenesand ?re?ghting safety scenarios, directly feeling the im-portance of ?re safety.
Fire Safety Drills Held at Qiandenghu Venture Capital Town in the First Half of 2023
Halo Microelectronics advocates a people-oriented approach and humanistic care, actively engaging inemployee care activities, organizing diverse employee events, and striving to provide comprehensive careand protection for employees to enhance their sense of happiness and belonging.
Emphasizing Humanistic Care
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Re?ning Governance andUpholding Integrity
Checks and Balances for Optimized GovernanceRisk Avoidance and Compliance GovernanceVigorous and Resolute Actions in Rights andInterests Protection
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Checks and Balances for Optimized Governance
Re?ning Governance andUpholding Integrity
In 2023, Halo Microelectronics strictly followed the requirements of laws and regulations such as the CompanyLaw, Securities Law, Guidelines on the Bylaws of Listed Companies, and Rules Governing the Listing of Stocks onthe Science and Technology Innovation Board of Shanghai Stock Exchange, and updated the Articles of Associa-tion of Halo Microelectronics Co., Ltd. in accordance with its actual situation. Following the principles of science,simplicity, e?ciency, transparency and checks and balances, the Company has, considering factors such as itsdevelopment strategy, cultural philosophy and management requirements, reasonably established internal func-tional organs, clearly de?ned the responsibilities and authorities of each organ to avoid function overlapping andgaps, or excessive concentration of powers and responsibilities, and formed a working mechanism where dutiesare clearly de?ned, responsibilities are taken seriously, and mutual checks and coordination are achieved.
Halo Microelectronics has set up the Audit Committee, Strategy and Development Committee, Nomination Com-mittee, and Remuneration and Appraisal Committee under the Board of Directors, and drawn up the scope ofduties and detailed implementing rules for each special committee to fully leverage their specialized advantages,guarantee the legitimacy, scienti?city and correctness of the collective decisions of the Board of Directors, andreduce the operation risk of the Company.
Lean Top-Level Structure
Audit CommitteeStrategy and Development Committee
Nomination CommitteeRemuneration and Appraisal Committee
Shareholders' General Meeting
Senior Management
Board of Supervisors
Board ofDirectors
Halo Microelectronics is committed to opti-mizing the corporate structure and continu-ously improving the corporate governancesystem to ensure sustainable and stabledevelopment of the Company. The Companyattaches importance to the diverse composi-tion of its management team. The selectionof the members of the Board of Directorsand Supervisors is not based on physicalcharacteristics such as gender, age or socialcharacteristics such as ethnicity, nationality,religious beliefs and economic conditions.Halo Microelectronics has established the Independent Director Work System to strengthen the supervision and monitor-ing of company decisions. Independent directors are not controlled by the Company and do not engage in daily businessactivities. They fully exercise their independence and professionalism, independently judge and objectively comment onmajor company matters to ensure the fairness and legality of company decisions.In addition to advising the Board of Directors on the remuneration policy and procedures, the Remuneration and AppraisalCommittee under the Board of Directors also carries out review of the remuneration system and criteria set for the directorsand the senior management by taking into relevant and reasonable factors such as the remuneration level in comparablecompanies, duties and duration of incumbency, business performance of the Company and potential future risks, thensubmits the results from their review to the Board for further consideration. The Company discloses the remuneration of di-rectors, supervisors and senior management in the annual report each year, and explains the decision-making process, basisof determination and actual payments for remuneration to enhance the transparency of remuneration for directors, supervi-sors, and senior management, thereby safeguarding the legitimate rights and interests of all shareholders.In addition, the Company has purchased liability insurance for directors, supervisors and senior management personnel.
Diverse Board Governance
directors
femaledirector
femaledirector
independentdirectors
Halo Microelectronics 2023 Environmental, Social and Governance (ESG) ReportRefining Governance and Upholding Integrity
Meetings of the Board ofDirectors
Strategy and DevelopmentCommittee meetings
Audit Committee meetings
Shareholders' General Meetings
Remuneration and AppraisalCommittee meetings
Meetings of the Board ofSupervisors
Nomination Committee meeting
timestimestimestimestimestimestime
6566
Risk Avoidance and Compliance Governance
Halo Microelectronics places great emphasis on risk management. Guided by its development strategy and inconjunction with the actual situation of production operations, and management, the Company has established astandardized and e?ective risk management and internal control system to continuously enhance risk preventioncapabilities and management levels as well as ensure safe and stable operation.
Optimizing Risk Mechanism
Risk identi?cation and early warning
Risk control and tracking
Halo Microelectronics has developed the Risk and Opportunity Control Procedures to improve its risk and op-portunity management work. The Company organizes annual management review meetings through the QMS,which includes a refreshed review of various risks and opportunities the Company faces, so as to assess identi?edrisks and formulate corresponding strategies.
Halo Microelectronics focuses on the categorized, hierarchical and centralized management of major decisions,risks, and events, with procedures such as Human Resource Risk Control Procedures and Supplier Risk Man-agement developed. It has constructed a key risk response list to clarify the division of responsibilities betweenleading and executing departments for risk. For signi?cant emergency risk events, 5 emergency plans have beendeveloped to fully implement responsibilities of risk management among all sta?.
1. The Company collects risk responsibility
events from various departments everyquarter for risk analysis and the formulation ofresponse measures.
2. The Company reviews and refreshes the Risk
and Opportunity Assessment Table every year.
Sales, marketing, purchas-ing, R&D and other business
departments
Finance, legal a?airs, qualitycontrol, and other reviewdepartments
Internal audit and other inde-pendent inspection depart-
ments
The ?rst line of
defense
The second line
of defense
The third line of
defense
Establishment of Three Lines of Defense
Halo Microelectronics is promoting the establishment and improvement of internal control systems and pro-cesses in accordance with the Internal Control Assessment Management Methods and its supporting applicationguidelines. The Internal Audit and Internal Control Departments implement internal control assessment workaccording to the supporting evaluation guidelines, checking and evaluating the e?ectiveness of internal controlimplementation. The Company conducts annual internal audit to audit domestic companies and overseas sub-sidiaries regularly, with internal audit reports issued.Halo Microelectronics pays attention to regulatory compliance management construction. It has formulated theInternal Compliance Procedures for Export Control, Information Con?dentiality Management System, and Codeof Conduct for Business Secret Management in accordance with relevant national laws and regulations, strength-ening the Company's compliance management in export control and commercial secrets. Speci?c requirementsand processes for company compliance management have been clari?ed.
Halo Microelectronics places great importance on the construction of compliance awareness, actively organizinginternal legal and compliance studies, regularly conducting compliance training, organizing company-wide com-pliance training every year to clarify compliance standards and requirements in daily work. Training is combinedwith real cases to help employees understand the importance of compliance better, further enhance their compli-ance awareness, and foster good compliance habits.
Optimizing Internal Control Compliance
The Company hasformulated the ContractManagement Methods tomanage the process ofcontract signing, per-formance, modi?cationand termination, disputeresolution, and contractarchival management,aiming to reduce risks,prevent contractualdisputes and improveeconomic e?ciency.
The Company hasdeveloped the InternalCompliance Proceduresfor Export Control to miti-gate trade compliancerisks.
The Company has estab-lished the AdministrativeDocument and Informa-tion Circulation ControlMethods to strength-en the supervision ofinternal documents andensure the security andaccuracy of informationduring its circulation.
The Company has devel-oped the DocumentedInformation ControlProcedures to make surethat the internal systemsare reviewed by relevantdepartments beforebeing released.
Contract ReviewAdministrative
Document Review
Investigation of exportcontrol compliance
Other SystemReviews
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Halo Microelectronics strictly adheres to business ethics, upholds the principle of fair competition, actively participatesin market competition, and continuously enhances its core competitiveness. The Company explicitly prohibits unfaircompetitive practices, emphasizes integrity in business, and maintains market order. In the meantime, it focuses onmaintaining good cooperative relationships with partners, jointly promoting the healthy development of the industry.Halo Microelectronics adopts a "zero tolerance" policy towards corruption and bribery, committed to creating a cleanworking environment. The Company keeps improving the anti-corruption system, and has formulated the Integrityand Anti-corruption Management Methods to strengthen the construction of company working style and promote aculture of integrity.To strengthen the internal management and supervision of the Companyand promote the standardization and compliance of business activities,Halo Microelectronics has taken a series of measures: developing the Dis-tributor Registration and Level Management Regulations, and requiringthe completion of the Halo Microelectronics Distributor Survey Form andHalo Microelectronics Distributor Customer Reporting Application Formto ensure standardized and compliant operations. It requires suppliersto sign the Supplier Integrity Practice Commitment to promise that theywill adhere to the Company's relevant integrity practices and regulationsand conduct regular self-inspections. The Company has formulated theGift Receipt Registration Form and the Integrity Violation Complaint Ac-ceptance Registration Form, encouraging integrity violation reporting.
Strictly Observing Business Ethics
In June 2023, the Company conducted a training session on "Integrity and Anti-corruption Promotion and Education",which is themed on the Integrity and Anti-corruption Management Methods, explains articles of law with cases, andintroduces the Company's 17 codes of conduct of integrity and honesty, thereby guiding employees to take "faithfullyful?lling duties and integrity" as the foundation in their work and life, and creating a clean and honest culture of theCompany.
Hosting an "Integrity and Anti-corruption Promotion and Education" Event
Number of participants of anti-corruption trainingNumber ofparticipants of anti-corruption training
Vigorous and Resolute Actions in Rights andInterests Protection
Halo Microelectronics places high importance on investor relationsmanagement, strictly adhering to the Company Law, SecuritiesLaw, Work Guidelines for the Investor Relations Management ofListed Companies, Articles of Association, and other legal and reg-ulatory requirements. The Company has formulated the InvestorRelations Management System to standardize the managementof investor relations, while keeps enhancing the level of investorrelations management, deepening investors' understanding of theCompany on an ongoing basis, comprehensively improving inves-tor communication channels, and engaging in multidimensionalexchanges and interactions, to help with investors' understandingand value recognition of the Company's business.
Investor Relation Management
Investor research activities
Halo Microelectronics 2023 Environmental, Social and Governance (ESG) ReportRefining Governance and Upholding Integrity
cumulatively received investors
hosted performance pre-sentationstimes
person-times
times
times
times
answered investor calls
engaged in SSE e-interactions
published investor relationsactivity summaries
6970
Halo Microelectronics continuously improves the corporate governance structure in strict accordance with rele-vant laws, regulations, and departmental rules, operates in compliance with legal and regulatory requirements,ensures that the convening and decision-making processes of meetings of Shareholders, Board of Directors andBoard of Supervisors are legal and e?ective. Directors, supervisors and senior management diligently ful?ll theirduties to ensure orderly production and operational activities. The Company treats all investors equally, ensur-ing investors' rights to be informed about and participate in major matters. It proactively communicates andexchanges with shareholders, especially minority shareholders, through various channels, facilitating broad in-vestor participation and decision-making, especially for minority shareholders. It fully listens to the opinions anddemands of minority shareholders, promptly responds to their concerns, and e?ectively safeguards the lawfulrights of shareholders to exercise their rights.
Protection of Shareholders' Rights
Shareholders' General Meetingsthe attendance rate of directors
6 100
%
Halo Microelectronics strictly adheres to the stipulations of the Securities Law, Company Law, Measures for theAdministration of Information Disclosure by Listed Companies, Rules Governing the Listing of Stocks, and theCompany's Articles of Association. It has formulated the Information Disclosure Management System to improvethe construction of the Company's information disclosure system, ensuring that the information disclosed istruthful, complete and accurate, in order to protect the legal rights and interests of the Company, shareholders,creditors and other stakeholders.In 2023, Halo Microelectronics disclosed 4 periodic reports and issued 94 temporary announcements on ShanghaiStock Exchange. During the reporting period, there were no instances of regulatory criticism, condemnation orpunishment for violations of information disclosure. The information disclosure obligations as a listed companyhave been e?ectively ful?lled.Halo Microelectronics has established a sound ?nancial reporting system and information disclosure policy, en-suring timely and fair disclosure of ?nancial information and guaranteeing the truthfulness, accuracy, complete-ness, clarity and comprehensibility of the disclosed information. The Company hires external auditing institutionsannually to provide audit opinions on the e?ectiveness of its annual ?nancial statements and internal controlswithin ?nancial reports.
Standardizing Information Disclosure
Halo Microelectronics 2023 Environmental, Social and Governance (ESG) ReportRefining Governance and Upholding Integrity
7172
Outlook
Everything renews as time progresses.Still aiming at becoming an international leading company in the segmented tracks of the analog chipfield, Halo Microelectronics will continuously deepen the concept of green development, support theachievement of "dual carbon" goals and solidify the effectiveness of responsible management. It willstill value customer relationship maintenance, ensure product quality, refine process management,and pay attention to risk control and compliance. Integrity supervision will be strengthened, with socialresponsibilities shouldered to profoundly empower high-quality enterprise development, steadfastlyfocus on the R&D of products with high di?culty, high value, and high technological barriers in its striveto break through technological bottlenecks and enhance the core competitiveness of domestic chips.Halo Microelectronics is determined to make greater contributions to global technological progress andindustrial development, and shine brightly on the world stage for domestic chips.
Halo Microelectronics 2023 Environmental, Social and Governance (ESG) ReportOutlook
7374
Halo Microelectronics 2023 Environmental, Social and Governance (ESG) ReportKey Performance Indicators
AppendixKey Performance Indicators (KPI)
IndicatorUnit2023R&D investmentRMB million237Proportion of R&D investment%60.32Proportion of R&D personnel%64.34R&D personnel with Ph.D. %9.24R&D personnel with Master's degree%32.61R&D personnel with Bachelor's degree%53.26R&D personnel with college degree%4.89Core Technologiesitem8Invention patent grantsitem69Patents of domestic inventionsitem41Patents of overseas inventionsitem28Number of suppliers—28Suppliers in China (the Chinese mainland)—16Suppliers in China (Hong Kong, Macao and Taiwan) and foreigncountries
—12Suppliers reviewed—12Suppliers suspended for non-compliance—0Potential suppliers rejected for non-compliance—0ISO 9000 certi?ed suppliers—15ISO 14000 certi?ed suppliers—15ISO 45001 certi?ed suppliers—11Complaint handling%100Breaches to network and information systemstime0Business system downtimestime0Network security incidents and signi?cant anomaliestime0Total number of employeesperson286Newly hired employeesperson95Newly hired female employeesperson30
IndicatorUnit2023
Newly hired male employeesperson65Newly hired fresh graduate employeesperson15Newly hired social recruitment employeesperson80Employees in China (Hong Kong, Macao and Taiwan) and foreigncountries
person67Employees in China (the Chinese mainland)person219Maleperson190Femaleperson96Under 30person9330-50person169Over 50person24Average paid leaves of employeesday6.24Employment contract coverage%100Social insurance coverage%100Employee critical illness insurance coverage rate%100Number of employee trainingtime13Employee training expenditureRMB 10,00022.63Length of employee traininghour38Employee coverage of training%67Coverage of physical examinations and medical records%100Investment in occupational injury insurance for employeesRMB 10,00052Coverage rate of occupational injury insurance for employees%100Participants in occupational disease physical examinationperson145Employees participating in safety trainingperson58Length of workplace safety traininghour8Number of Shareholders' General Meetingstime6Attendance rate of directors%100Number of meetings of the Board of Directorstime13Number of meetings of the Board of Supervisorstime13Meetings of Audit Committee heldtime8Meetings of Nomination Committee heldtime1Meetings of Remuneration and Appraisal Committee heldtime3Meetings of Strategy and Development Committee heldtime4
7576
Halo Microelectronics 2023 Environmental, Social and Governance (ESG) ReportKey Performance Indicators
IndicatorUnit2023
Number of directorsperson8Female directorsperson2Independent directorsperson3Female independent directorsperson1Participants of anti-corruption trainingperson105Performance presentations heldtime3SSE e-interactionstime14Investor calls answeredtime49Investor relations activity summaries releasedtime16Cumulative number of investors receivedperson-time511Periodic reports disclosed —4Interim announcements released—94
Index
ContentsGRI StandardsUN SDGs
Harmonious and Co-prosperity to Build aLand of Hope
Technology Empowerment for E?ciencyand Reduction in Consumption
GRI 301, GRI 302，GRI303，GRI 304，GRI 305，GRI 306，GRI 307，GRI
SDG 6，SDG 7，SDG 13，SDG 14，SDG 15Proactive Approach to Green OperationsEnergy Saving and Emission Reductionfor E?cient Resource UseMoving Towards Green with Low-carbonO?ce Practices
Mutual Promotion forWin-Win, Upholdingthe Spirit of HaloMicroelectronics
R&D Support, Quality Prioritized
GRI 204, GRI 308，GRI414, GRI 416, GRI 417, GRI
SDG 9，SDG 12, SDG 17Dedication to Society for CommonBene?t
GRI 413, GRI 415
SDG 1，SDG 2，SDG 3，
SDG 4，SDG 9，SDG
10，SDG 11People-Oriented for Mutual Growth
GRI 401，GRI 402，GRI403，GRI 404，GRI 405，GRI 406，GRI 408，GRI
SDG 3，SDG 4，SDG 5，
SDG 8，SDG 10，SDG12
Re?ning Governanceand UpholdingIntegrity
Checks and Balances for OptimizedGovernance
GRI 2SDG 5, SDG 10, SDG 16Risk Avoidance and ComplianceGovernance
GRI 205，GRI 206, GRI
SDG 12, SDG 16Vigorous and Resolute Actions in Rightsand Interests Protection
GRI 205，GRI 206SDG 16, SDG 17
7778
Halo Microelectronics 2023 Environmental, Social and Governance (ESG) ReportKey Performance Indicators
DisclaimerThe information contained in this report does not constitute any investment advice. Investors should not replacetheir independent judgment or make decisions solely based on such information. The Company does not assumeany responsibility for losses that arise or may arise from the use of information in this report. The informationpublished by the Company is true and accurate. In the event of any inconsistency with statutory disclosure docu-ments, the statutory disclosure documents shall prevail.If this report contains forward-looking statements, it does not constitute a constraint on the Company's futureactions, and the Company is not obligated and does not undertake to revise forward-looking statements (if any)contained in this document.Copyright of images and fonts belongs to the original authors. Please inform us if there is any infringement so thatwe can remove it.
QuestionnaireDear Stakeholders,Hello! Thank you for reading the 2023 Environmental, Social and Governance (ESG) Report of Halo Microelectron-ics Co., Ltd. In order to provide valuable information to you and other stakeholders, and to promote continuousimprovement in our environmental, social, and governance practices, we earnestly hope to receive your valuablefeedback and suggestions on this report. We look forward to your evaluation. Once again, thank you for your sup-port of our work!
2. Your overall comment on this report:
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3. Do you think the ESG performance of Halo Microelectronics is fully presented in this report?
□ Yes □ Partially □ No
4. Do you think the information, data and indicators disclosed in this report are clear, accurate and complete:
□ Yes □ Partially □ No
5. Do you think the content arrangement and graphic design of this report are clear, understandable and legible:
□ Yes □ Partially □ No
6. What other information that you are concerned about is not disclosed in this report?
7. Any other suggestions regarding Halo Microelectronics' information disclosure and practice of the ESG concept?
1. What type of stakeholders do you belong to?
□ Stockholders and Investors
□ Suppliers and Partners
□ Customers
□ Communities
□ Employees
□ The Public and Media
□ Government and
Regulatory Authorities
□ Others