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1830
BoardofDirectors
★★★★★★★★★
PromotingESGManagement
Stakeholders
Government&RegulatoryAuthorities
Shareholders&Investors
Customers
Partners
Employees
Environment
Communities
CommunicationChan-nelsandMethodsDailyreportingandcommunicationMeetingsandex-changeactivitiesInformationDisclosureGeneralMeetingofShareholdersWorkingconferenceExchangevisitsInformationDisclosureCustomerFeedbackandResolutionCustomersatisfac-tionsurveyProjectcooperationWorkingconferenceDailycommunicationRegularmeetingsRegulartrainingExchangeactivitiesEnvironmentalinfor-mationdisclosureGreenenvironmentalprotectionactivitiesPublicwelfareactivitiesVolunteerserviceInformationdisclosure
ExpectationsandDemandsOperateinaccordancewithlawsandregula-tions,andpaytaxesinaccordancewiththelawSupportlocaldevelopmentProtectthelocalenvironmentTransparentfinancialdisclosureStrengthenriskmanagementandcontrolConsistentandstablereturns
ProductqualityandsafetyProvidehigh-qualityservicesInformationsecurityprotec-tionTransparentandhonestcooperationMutualsupportandwin-windevelop-mentProtectbasicrightsandinterestsFacilitatecareerdevelopmentchannelsBalanceworkandlifeReducetheenvironmentalimpactofbusinessactivitiesScientificandefficientuseofresourcesPromoteregionaldevelopmentSupportpublicwelfareandcharityIncreaseemploymentopportunities
InitiativesandResultsin2023ImplementpoliciesandpaytaxesinaccordancewiththelawTaketheinitiativetoassumesocialresponsibilitiesanddriveeconomicandemploymentgrowthImprovecorporategovernanceandinvestorrelationsmanagementMaintainbusinessandprofitabilitygrowthImprovingoperationaltransparencyStrengthenproductqualityandsafetycontrolTheCompany’stechnologicalinnovationanddigitalintelligencetransfor-mationwontheFoodSafetyScienceandTechnologyInnovationAwardProtectcustomerprivacyImprovecustomersatisfactionCreatearesponsiblesupplychainContinuouslyoptimizethe“Company+Farmers”cooperationmodelProvideexchangesandtrainingtoempowerpartners’growthProvidemarket-competitivecompensationpackageandopportuni-tiesforlearningandgrowthCreateagoodworkenvironmentIncreaseinvestmentinproductionsafetyStrengthenenvironmentalmanagementandreducetheimpactofwasteDevelopeecologicalbreedingandestablishlong-termcooperationwithVolkswagenGermanyinthefieldofemissionreductionandcarbonreductionAcceleratethetransformationofcleanenergyandpromotephotovoltaicpowergenerationandbiogasrecyclingContinuetoengagedeeplyinourcharitableactivities,suchastheHopeandWishPlanandWarmWinterActionprogramsAdvancethe“Five-FiveProject”topromoteruralindustrialrevitalizationandtalentrejuvenationRecognizedasoneofthe“Top500ChineseEnterprisesinCharity”anda“BestPracticeExampleforRuralRevitalization”
DigitalEmpowerment
65%
90%
4shareholders’meetingswereheldthroughouttheyear,addressing31agendaitems
RemunerationandAssessmentCommittee*
10supervisoryboardmeetingswereheldthroughouttheyear,addressing23agendaitems16boardmeetingswereheldthroughouttheyear,addressing69agendaitems9AuditCommitteemeetings,3RemunerationandAssessmentCommitteemeetings,and2RiskControlCommitteemeetingswereheldthroughouttheyear
FirstDefenseLine
SecondDefenseLine
ThirdDefenseLine
OfferingDigitalIntegrity
ComplianceTrainingSupportingOnlineIntegrityComplianceReportingCo-developingaTransparent
SupplyChainEcosystem
ConductingExternalComplianceExchanges
StandardizingAnti-corruption
CriminalCases
UpgradingWhistleblowingandInvestigationMechanisms
Wehaveinitiatedthe“SunshineAction.”ThisincludesrequiringnewrecruitstosignaSunshineCommitment,carryingoutdiversifiedintegritypromotionactivities,andpublicizingthe“SunshineCartoon”ontheWeChatofficialaccountof“SunshineSixthMan.”Besides,wehaveorganizedanti-corruptiontrainingthroughourdigitalplatformNewHopeAcade-my.In2023,thistrainingreachedatotalof63,000employeeattendances.Ouremployeesareprohibitedfromacceptinganyformofcommercialbribery.Incaseoffailuretodeclineanyformofcommercialbribery,onlinereportingandregistrationisrequiredontheinternalplatformbeforeturningitover.In2023,theCompanyrecordedatotalof57,200employeesinvolvedinconflictofinterestsituations,withareportingcompletionrateof92%.WeupholdtransparentsourcingandrequiresupplierstosignaSunshineCooperationCommitment,withasigningcoveragerateofover99%.Wealsoorganizeofflineanti-cor-ruptiontrainingforprocurementoperatorsandonlineanti-corruptiontrainingforsuppliers,withover80%ofsmall-scalesuppliersbeinginvolved.
Wehaveactivelyenhancedthequalityofsupervisionthroughinformationnetworkingandpromotedthesharingofanti-corruptioninformationresources.In2023,weinitiatedacampaigncalled“IntegrityTreatsYoutoaCupofTea”inassociationwiththeAuditandSupervisionDepartmentofXiangpiaopiaoFoodCo.,Ltd.andexchangedideaswiththeIn-tegrityDepartmentofThreeSquirrelsInc.andSichuanQiyangGrouponcompliancework.
WehaveenactedtheTenProceduresforHandlingCriminalCases,putinplaceandconsistentlyoptimizedanti-corruption-relatedmechanismssuchastheAuditandSupervi-sionJointMechanism,theSupervisoryBPSystem,theOperationalAuditandCommunica-tionMechanism,theGovernment-EnterpriseIntegrityCo-constructionMechanism,andtheCaseTrackingMechanism.WehavealsosetupthePunishmentInformationDatabaseandtheSupplierBlacklistingManagementDatabase.
InordertosafeguardthelegitimaterightsandinterestsoftheCompany,ouremploy-eesandbusinesspartners,wehavemadeavailableavarietyofpublicwhistleblowingchannels,suchasofflinemail,onlinewhistleblowinghotline,email,Feishuquestionnaire,WeChatwhistleblowing,andmessagesonWeChatofficialaccount.Inaddition,theCompa-nyhasinstitutedtheWhistleblowerInvestigationManagementMeasurestoregulateinde-tailsuchmattersaswhistleblowingchannels,whistleblowingmechanisms,thehandlingofwhistleblowingmattersandtheinvestigationprocess,andtheprotectionofwhistleblowers.
AddressingPriceVolatility
ResistingRawMaterialShortages
Improving
Behavioral
Practices
MonitoringMarketTrendsUtilizingFinancialToolsStrengtheningStrategicCooperationEstablishingGreenChannelsEnhancingTransportationandSupplyEfficiencyImplementingDual
ProcurementDigitizingProcurementManagement
Developing
Restraint
Mechanisms
TheCompanyhasputinplacearegulartrackingandfeedbackmechanismformarketfluctuationstoensureastablesupplyofproducts.Wehavealsosetupanindustryresearchcentertocarryoutmarketresearchandprediction,whiledirectingeachbusinessunittoadjustrawmaterialreserves.TheCompanyemploysflexibleuseoffinancialtools,leveragingfutureshedgingandothermethodstomanagepricefluctuationrisks.Wehavestrategicallyworkedtogetherwithdiversesupplierchannelstoensurestableandsecuredfeedingredientsupplybasethroughouttheyear.Inthepigsector,Wehavealsoformedadeci-sion-makingcommitteethatprioritizescooperationwithtop-notchindustryplayers.Incasesofresourcelimitationsandemergenciesinthefeedsector,theCompanycollaborateswithsupplierstoopengreenchannels,ensuringasmoothsupplyofgoods.Throughflexiblewarehousemovement,theCompanyensuresdeliveryneedsincertainregions,transforminglong-haultransportationcyclesintoshorteronesandimprovingdeliveryefficiency.Bystrengtheningthereserveforspecialrawmaterialsandthosesusceptibletosupplydisruptions,theCompanyensurestheavailabilityofmultiplealternativesuppliersincaseofemergency.Wehavepromotedtheupgradingoftheprocurementdigitalsystem.Inthefeedsector,wehavelaunchedtheXinsudigitalsystem,whichpromotesthecollaborationofsuppliersinfourdimen-sions:sourcing,execution,commerce,andbillingcollaboration.Forthepigsector,wehaveinte-gratedorderapprovals,suppliershipments,andinvoicingandsettlement-relatedoperationsintothesystemtoensurethatpurchasingbehavioristraceable.Wecollectaspecifieddeposittoregulatesupplybehavior.Suppliersfoundengaginginadulterationorposingqualityandsafetyriskswillbeblacklisted,andwewillrefrainfromanyfuturepurchasingtransactionswiththem.
Case
SwineDiseasePreventionandControl
"Xinxiwang"10KPigChip
R&DandApplicationofSwinePhenotypeDetermination
TechnologyContinuousOptimizationof
IndependentlyDevelopedHongtong·DigitalNutrition
System
Acomprehensivetechnicalsystemfor“epidemicinvestigation-diseaseanalysis-preventionandpurification”hasbeenestablished,alongsideapromotionalframeworkfor“R&D-application.”AnoveltransmissionpathwayforAfri-canswinefeverviaaerosolshasbeenidentifiedandverified,withcrucialdataonitstransmissioncharacteristicsanddistanceextensivelyresearched.Thisdiscoveryhaspromptedtheindustrytoreinforceairbiosecuritycontrolmea-sures,resultinginanoverallenhancementofpreventionandcontroleffectivenessbyover50%.Thisadvancementhasnotablysupportedtheindustry’seffortsinAfricanswinefeverpreventionandcontrolinnorthernregions.Addi-tionally,anupgradedtechnologyknownasAfricanswinefeverpurification2.0—“investigation–removal”purificationtechnology—hasbeenproposedandadvocated.Thisinnovationreducespurificationtimeby2to4weeks,lowersnon-productiondaysduringdisposalby20days,anddiminisheslossesduringpurificationbyRMB220perhead.Consequently,ithasemergedasthepremierpurificationtechnologywithintheCompanyandtheindustryatlarge.Toreconciletherequirementsforgeneticadvancementinbreedingandtheoptimalageforpig-letsales,aninnovative“pigsalesplanbasedonearlyselectiontechnologyusingwhole-ge-nomesequencing”hasbeenintroduced.In2023,theindependentlydeveloped“Xinxiwang”10Kpigchipwasfullydeployed,overcomingbreedingtechnologicalconstraintsandyieldingacostsavingsofRMB117perheadcomparedtoimportedchips.Thischipsupportsearlyselection,reducesindividualgeneticassessmenttimeto2weeks,andeffectivelyavoidsbreedinglosseswhileincreasingrevenue.Uponextensivepromotion,itisanticipatedtogenerateanadditionalrevenueofRMB10million.Leveragingartificialintelligencetechnology,independentlydevelopedsoftwareforlivedetermina-tionofintramuscularfat,intelligentdeterminationofbackfatandeyemuscle,andportableweightestimationsoftwarehavebeendevised.Theseinnovationsreplacetraditionalswinedeterminationsoftware,deliveringintelligent,automated,anddomesticallyproducedsolutions.Thisapproachcomprehensivelyenhancestheaccuracy,speed,andscalabilityofphenotypedatadetermination.Byenhancingdataqualitythroughintelligenttechnology,geneticassessmentaccuracyiselevat-ed,therebyadvancinggeneticprogress.Adiverseproductmatrix,basedonRMP(R&Dmanagement),NHF(formulationsystem),SATforBeef(ruminationtechnologyservicesystem),CVD(empiricaldatacollection),multipleformulationsystems,andtechnicaloperations(formulationdataminingandapplication),hasbeenestablished.ThissystemcreatesaseamlessdatachainfromtechnicalR&Dtonutritiondesign,andfinallytomarketvalidation.In2023,amulti-formulationsystemwasestablished,initiallyshapinganefficientcollaborativeoperationsystemencompassing“technology,procurement,product,andproduction”.Thiscontinualenhancementofformulationtechnologycontributestocostreductionandfeedsavings.
BasicWelfare
BoarReproductionWelfarePigletWelfare
HealthWelfare
Psychological
Welfare
?Ensurefeedcleanliness,freshness,andfreedomfrommoldcontamination,tailoringfeedtypestogrowthstageswhileemphasizingnutritionalbalance.?Maintainadequatewaterintakeduringhotsummermonths,ensuringventilationmeetspigs’needsandguaranteeingenvironmentalstability.?Regularlydewormandcontrolfliestoensurepighealthandenvironmentalhygiene.?Maintainday-nighttemperaturedifferentialstopreventdiseasefluctuationsduetoextremetemperaturevariations.?Providetoys,implementthree-pointpositioning,androutinelycleanpenstoensurecleanlinessanddryness.?Maintainboarshedtemperatureat15-25°C.?Minimizeenvironmentalequipmentnoiseandhumaninterferencetoreducestressfromexcessivenoise.?Implementback,sittingback,andbreastmassageforsowmating.?Conductnon-irritatingdisinfection(withwater)andcleansowreproductiveorganstopreventdiseaseslikeuterineinflammation.?Attendtofeedingandrestpost-mating,avoidinglarge-scalegrouptransfersduringpre-pregnancy.?Offersmallrollingballs,hangingironchains,andironballsforplay,facilitatingthree-pointpositioning.?Pre-mixgroupsduringfosteringtopromotescentfamiliarityandpreventsowaggression.
?Supplementwithappropriatemicrobes,inorganicsalts,iron,etc.,basedongrowthstages.
?Provideacomfortableenvironment,witheachpigallocatedatleast1squaremeter,temperaturesmaintainedat15-25°C,andrelativehumidityat60-70%.
?EstablishaBiosafetyManagementManualandabiosafetymanagementteamledbythetechnicaldirectorunderthegeneralmanager’sleadership.Theteamconductsbiologicalsafetyriskassessmentsofpigfarms,promptlyformulatespreventivemeasures,andenhancesthebiologicalsafetyplan.?Organizeveterinarytrainingtobolstercomprehensivediseasemanagementcapabilities,conductPRRSpurificationworkinselectpigfarms,establishPRV-negativeherds,andinitiatePRVpurificationprojectsinboarstuds.?Administercombinedvaccinestoreduceinjectionfrequency;pilotneedle-freeinjectorsinself-breedingandfatteningfarms.?Implementnationalveterinarydrugusagepolicies,formulatescientificallysoundantibioticmanagementdocuments,andrigorouslyenforcethem.Prohibitthepurchase,storage,anduseofprohibiteddrugsbyanypigfarmsorbreeders.Maintaindrugusagerecordsforcommonantibioticsandstrictlymanageinternaldrugusagetoensurerationalandpre-cisedrugadministration.?Prohibithigh-intensityobstetricsassistance.Useplasticpaddlesinsteadofironrodsorelectricshocksticksduringpigdrivingortransferringtoallowfreemovement,minimizingroughtreatment.?Ensureagentle,non-violenttransferprocess,maintainaquietenvironment,andmonitorpignumberstoavoidaisleovercrowding.?Fastpigsbeforeinjection,dimlights,andraiseroomtemperaturetoreduceexcitement.?Takeprotectivemeasuresduringinjectionstominimizestressandpsychologicaltrauma.
?Simultaneouslyinjectpigsincorrespondingpensintworowsofthesamebuildingtocounteractstimulationandconfusion.
?Immediatelyfeedpigsafterinjection.?Addressfearofhungerduringpregnancybyaddingdietaryfibertoincreasesowsatiety,expandintestinalvolume,andalleviateconstipationissuescausedbyrestrictedfeeding.
PigSector
FeedSector
Regardingbreeding,deviceslikeelectroniceartagsareutilizedtoputallthe“fiveele-ments”(people,pigs,things,locations,tasks)online,enablingautomaticcollectionofkeyproductiondataandensuring100%executionofkeyproductionactions.Intermsoffattening,thefeedtowerweighingmoduleisintroducedtoenableaccuratemea-surementofpigfeedintake.Combinedwithonlinemanagementtools,real-timealertsandpromptinterventionsareprovidedforabnormalscenarios.Basedonthedynamicperceptionofpighealth,targetedimmunizationplansareautomaticallyformed,ensuringtransparencyandvisibilitythroughouttheprocessandeffectivelyimprovingpighealth.Inoperations,acomprehensiveindexsystemisbuiltaroundthe“transition,weaning,fatten-ing”stages,assistingproductionpersonnelintimelyinterventionduringthebreedingpro-cess,andcomprehensivelyimprovingoperationalefficiency.The“Hongtong·DigitalNutritionSystem”transitionsfromrelyingoncoreformulasystemstoself-researchsubstitutes,furtherdeepeningandsurpassingtransformation,successfullyconnectingthedatachainfromtechnologyR&Dtonutritiondesign,andthentomarketvali-dation.Deepeningdigitalprocurement,operationalsupportisprovidedfortheentireprocurementlifecy-cle,thuscontrollingsupplychainoperationalrisksandensuringstableproduction.TheXinsuproj-ectcoverstheentireprocessofrawmaterialgroupprocurementandlocalprocurementbusinessofall219domesticfeedsubsidiariesand6tradingcompaniesinthesupplychain,realizingdigi-talonlineoperationfromprocurementcontracts,procurementexecutiontosettlement.Thedigitallogisticsplatformofficiallybegantrialoperation,covering53feedcompaniesandinvolvingmultipletransportationmodessuchasroad,rail,river,sea,andcontainers.Supplychaintransportationmanagementcollaborationamongrawmaterialsuppliers,carriers,drivers,andmanagementpersonnelisachieved,realizingthebreakthroughfromscratchofthedigitallogisticssystem,andhelpingensuresociallivelihoods.
R&D
HongtongHUGE-HOPEPLMnewproductsubmission
BreedingPoultry-digitalbreedingplatformCloud-basedfree-rangefarming
HuiyangzhuZhuxiaokang/Zhi-zhuxiaPigfarmingop-erationplanningsystemZhongxinDuck-breeding
ProductionProductionimple-mentationman-agementsystemPigslaughteringMESsystemLIMSsystemNearInfraredDetection(NIR)CentralkitchenSMOMsystem
SupplyChainXinsuXinyunYungeJingwei
SalesLiaonifuMallFengxingbaoJingzhunyingPoultrybreedingmarketingsystemJubaozhu
CustomerServiceXinkedao
Case
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Case
FeedProductionFeedDataEBS/SpotCheck
BreedingBreedingContractsBlue-And-WhitePorcelainEBSSys-tem
Slaughter/ProcessingDrugResidueTestingDataSpotCheck/IotMonitoringPlat-formEBS
WarehousingProductionBatchDataEBSSystem
DistributionDeliveryDataEBSSystem
ConsumerConsumerFeedbackDataFoodSafetyTraceabilityPlatform
Case
HierarchyHeadquarters
SectorsRegions/Squads
OrganizationalUnitSafetyEnvironmentalProtectionCenterofEngineeringOpera-tionsDepartmentSafetyOperationandPlantEn-vironmentalProtectionDepart-mentPlantEnvironmentalProtectionDepartment
RoleEstablishacomprehensiveindustry-wideenvironmentalmanagementsystem,refinemanagementregulations,andestablishcoststandards.Overseetheimplementationofmanagementrequirementsacrossvari-ousindustries,providetechnicalinnovationandsupport,andensuresmoothoperation.Contributetoprofitenhancementthroughreductionsinenvironmentaloperationcostsanddualcarbonrevenue.ImplementtheCompany’senvironmentalmanagementsystem,formulateindus-try-specificenvironmentalmanagementregulations,andoverseethepigsector’senvironmentaloperationcostsinlinewiththeCompany’senvironmentalcostmanagementstandards.Elevateindustrycomplianceoperationlevelsandcol-lectivelydriveimprovementsinenvironmental-relatedinfrastructure.Fulfillthemanagementrequisitesofindustrialunits,ensureadherencetomanagementrequirementsandcosttargetsateachsite,andcon-ductenvironmentaltrainingtoequipeachsitewithenvironmentalcapa-bilities.
IndicatorsandTargetsIndicatorDirectgreenhousegasemissionsIndirectgreenhousegasemissionsTotalgreenhousegasemissionsGreenhousegasemis-sionintensity
UnitTonsofCO
equivalentTonsofCO
equivalentTonsofCO
equivalentTonsofCO
equivalent/RMB（10,000revenue）
2022445,862.901,329,400.861,775,263.75
0.1255
2023511,780.242,029,658.862,541,439.11
0.1793
RiskType
PhysicalRisks
TransitionRisks
ExtremeWeather
RisingTempera-tures
PoliciesandRegu-lations
MarketandTech-nology
Reputation
Risks,Opportunities,andPotentialImpactsAsclimatewarmingprogresses,anup-tickinextremeweatherphenomenasuchassevereheatwaves,extremecold,heavyrainfall,floods,andty-phoonsisevident,adverselyaffectingtheCompany’sbusinesscontinuity.TheescalationinaveragetemperatureswillheightentheoperationalexpensesoftheCompany’sinfrastructure,posehealthhazardstoemployeesandlive-stock,andaugmentthelikelihoodofas-setwrite-offsandobsolescence.Stringentnationalpolicies,alongsideanacceleratedtransitioninenergystruc-ture,willresultinamplifiedcostsfortheCompanytoadheretoregulatorymandates,consequentlyheighteningregulatorycompliancerisks.Customersandconsumersareimposingstrictermandatesoncarbonemissionsreductionforprod-ucts.Theadoptionofgreenandlow-carbontech-nologieswillprofoundlyimpacttheCompany’scompetitiveness,necessitatingaugmentedinvest-mentinlow-carbontransformationcosts.Stakeholders’apprehensionsregardingclimateadaptationperformanceareontherise.FailuretopromptlyaddresstheseconcernsmaytarnishtheCom-pany’sreputation.
ResponseMeasuresEstablishclimatenotificationgroupstoissueclimateriskwarningsandpromptproactiveactionbyproduc-tionunits.Developemergencyplansandconductregularemer-gencydrills.Considerregionalclimateriskswhenselectingandplanningprojects.Enhanceproductionefficiencythroughenergy-savingtechnologicalupgradesandoptimizationofenergyus-age.Proactivelyengagewithrelevantgovernmentdepart-mentstoresearch,track,anddisseminatepolicychanges,strengthencompliancemanagement,andanticipatepolicyadjustments.Monitorcarbonmarketdevelopmenttrendsandpre-pareaccordingly.Enhancetheadoptionoflow-carbontechnologies,acceleratethetransitiontogreenindustry,andreduceproductcarbonfootprint.Strategicallyplancarbonreductionpathways,thoroughlyassesstheinput,return,andfeasibilityoflow-carbontransformationprojectsbe-foreimplementation,andselecttheoptimalsolutionbasedonpracti-calconsiderations.IntegrateclimatechangeresponsesintotheCompany’smanagementstrategybymonitoringclimate-relatedpolicytrends.Strengthencommunicationwithinvestorsandconsum-ersbydisclosingclimate-relatedinformationinaccor-dancewithTCFDrecommendations.
Indicator
GasolineDieselNaturalgasOutsourcedelectricityOutsourcedsteamTotalenergyconsumptionEnergyconsumptionintensity
UnitLitersLitersMillioncubicmetersMillionkilowatthoursTonsTonsofstandardcoalTonsofstandardcoal/RMB10,000revenue
20221,996,30616,328,927
184.20
2040.55595,115533,338.74
0.0377
20231,620,701.5115,223,719.21
216.4268
3293.4786626,346.71793,532.12
0.056
PigSectorBGFeedBU
IndicatorNaturalGasConsumption（m
）ElectricityConsumption(kWh)
IndicatorNaturalGasConsumption（m
）ElectricityConsumption(kWh)
2023Actual
29,643,4721,067,722,3112023Actual
52,980,000559,361,903
2024Target
29,050,6031,046,367,8652024Target
51,000,000538,457,098
Manage-mentEn-ergySaving
Techni-calEner-gySaving
LeanManagementGuidingSpecificationsDataMonitoringReplacementofOldEquipmentStrengthenedWasteHeatRecoveryDigitalizedSystemsSealingandInsulationforEnergySaving
Precisionenvironmentalcontrolmanagementisimplementedinpigfarmstoregulatetheoperatingtimeandparametersettingsofequipmentsuchaslighting,insulationlamps,curtainwaterpumps,andfans,therebyreducingenergyconsumption.TheEnergySavingandConsumptionReductionGuidebookisformulatedtosumma-rizespecificenergy-savingmeasuresandrequirements,guidingeachsitetoimple-menttasksaccordingtospecifications.Theenvironmentalprotectiondatasystemisputintouse,andtheEnergyConsumptionStatisticalInstructionsareformulatedtoclarifytheelectricityconsumptionindicatorsofeacharea.Allsitesareguidedtoregularlycompileenergyconsumptiondatamonthly,andtheoperationsandmaintenancesquadisresponsibleforanalyzingandranking,achievingtimelymonitoringandoptimizationofenergyconsumptionmanagement.Thefeedmillsreplacesoldequipmentsuchascrushers,granulators,anddryerswithnewones,reducingenergyconsumptionandimprovingefficiencybymorethan10%.Therecoveryofwasteheatfromboilersandrefrigerationsystemsisenhancedtoreducesteamutilization.Anenergy-efficientmanagementsystemisintroducedinthefeedsector,withadigitalscreenintuitivelydisplayingtheoverallequipmentenergyconsumptionsituation,reducingequipmentidlingandunloadedratios,improvingenergyutilization,andloweringineffectiveelectricallosses.Methodssuchasfoam,polyurethane,andinsulationboardsareimplementedtocomprehensivelysealandinsulatevariousproductionprocesses,therebyreducingcoolingcostsinsummerandinsulationcostsinwinter.
IndicatorWaterConsumption(Tons)
industryPigIndustryBGFeedBU
2023Actual16,257,7801,159,106
2024Target15,932,6241,115,788
Indicator
TotalWaterIntakeWaterIntakebySource
TotalWaterDischargeWaterDischargebyChannel
WaterintensityforfeedprocessingWaterintensityforpigfarmingWaterintensityforslaughtermeat
Runningwater/municipalwaterSurfacewater
GroundwaterMunicipalnetworkdischargeSurfacewaterdischargeOtherdischargemethods(e.g.,agriculturalirrigation)
UnitMilliontonsMilliontonsMilliontonsMilliontonsMilliontonsMilliontonsMilliontonsMilliontonsCubicmeters/tonCubicmeters/headCubicmeters/head
2023
27.3481
7.7376
0.456
19.1545
27.0184
7.7778
2.045
17.191
0.81
0.41
TypeofWaste
Ex-haustGas
Wastewater
SolidWaste
Odor
BiogasBreedingWastewaterDomesticWastewaterHazard-ousWasteDeadLive-stockandPoultrySolidMa-nureConstructionandHouseholdWaste
SourceofWasteArisingfromanimalmanurewastewater,feedresidues,andgasesemittedfromthedigestivesystemsoflivestockandpoultryProducedfromthefermentationofanimalmanureIncludinganimalurine,partialfeces,andwashwaterDischargedfromcompanyofficepremis-esandstaffcanteensIncludingmedicalwaste,pesticideandherbicideresiduesgeneratedduringpro-duction,aswellaswastereagents,ac-ids,andalkalisgeneratedduringexperi-mentationCarcassesproducedduringthebreedingprocessSolidmanureseparatedbyamanurescraperorsolid-liquidseparatorGeneratedduringconstructionanddailyactivities
DisposalMethodImplementintelligentprogram-controlledmethodsformanureremovalwithinpigpens,adjustingfrequencyasneeded,whileregulatingindoortempera-turesandenhancingventilationsystemstominimizeodorgeneration.Employspraydeodorizationinconjunctionwithodorremovalfacilities.Thisprocesscapturesoffensiveodorgasesinliquidformthroughspraying.Odormoleculesadheringtoparticulatematterareremovedfromtheairthroughwetabsorptionandoxidation.Theresultingodorgasesandemulsi-fiersinthesolutionreactandaresubsequentlyremoved.Utilizedforon-sitepowergenerationandheating.Utilize“UASBAnaerobic+Two-stageA/O,”“CSTR,”and“BlackFilmBiogas”technologiestoconvertwastewaterinto
reclaimedwaterorbiogasslurryforirrigationinfarmlands.Regularlyconductbackendwaterqualityteststhroughself-in-spectionandthird-partyagenciestoensurecompliancewithstandardsbeforedischargeintothemunicipalpipelinenetwork.EstablishaHazardousWasteManagementSystemtostandardizethecollection,storage,anddisposalprocess-esofhazardouswaste.Providetemporarystorageforhazardouswasteandmaintaincorrespondingrecordsincompliancewithregula-tions,periodicallyentrustingqualifiedthird-partyorganiza-tionsforharmlessdisposal.ConducttemporarystorageanddisposalinstrictaccordancewiththeStandardfortheTreatmentofDeadLivestockandPoultry,maintainingcorrespondingrecords,andprohibitingim-properdisposalsuchasunauthorizedstorageandsecretburial.FollowtheSpecificationfortheTreatmentofSolidMa-nureandutilizehigh-temperatureaerobicfermentationtreatmenttoproduceorganicfertilizerforlandapplicationEstablishaSolidWasteManagementSystem,designatefixedgarbagecol-lectionpointswithinthepremises,clearlymarkandcategorizewaste,andstrictlyprohibitbehaviorssuchaslittering,dumping,burying,andburning.
IndicatorOutputofFermentedManureReturn-to-FieldReclaimedWaterLandAreaforWasteAbsorptionIncl.FieldAreaOutputofFreshFruitsandVegetables
UnitTonsTonsMuMukg
2022100,00016,000,000145,00060,0001,600,000
2023130,00017,180,000150,00070,0004,935,000
PreliminaryPlanning
Construc-tionandDe-velopment
ProjectOperation
RigorousSiteSelectionScientificAssessmentEnvironmentalOversightGreenTechnologiesEcologicalRestorationEnvironmentalMonitoring
Weadherestrictlytonationalguidelinesgoverningthelayoutoffacilitiesforlivestockandpoultryfarming,agriculturallanduseboundaries,andecologicalzoningrequirements(referredtoasthe“ThreeLinesandOneList”).Thisinvolvesavoid-ingareasdesignatedasprohibitedforfarming,suchasnaturereserves,keyecologicalzones,scenicspots,andregionspronetodroughtorwaterscarcity,whilealsoensuringthepreservationoflocalwatersourcesandecosystems.Weconductenvironmentalimpactassessmentsandecologicalriskevaluationstoscientificallyevaluatethepotentialeffectsofprojectsonthesurroundingecologicalenvironment.Basedonthefindingsoftheseas-sessments,wedevelopcorrespondingprotectivemeasuresandrestorationplans.Weintensifymonitoringandinspectionofconstructionsitestorigorouslyenforcethe“ThreeSimultaneities”principle,preventinganyadverseimpactsonthesurroundinglandandecologicalenvironment.Wepromoteandapplyeco-friendlyconstructiontechnologies,suchasemployinglow-impactconstructionmethods,minimizinglandlevelingandsoilcovering,andestablishingecologicalprotectivebarriers,aimingatreducinglanddegradationandhabitatdestruction.Weactivelyengageinecologicalrestorationandsoilecologicalremediationefforts,utilizingmeasuressuchasplanting-breedingintegration,organicfertilizerapplication,andsoilconservationtoenhancesoilfertilityandstrengthenthestabilityandresilienceoftheecosystem.Weestablisharobustenvironmentalmonitoringmechanism,performingintensifiedinspectionsofenvironmentalpro-tectionfacilities.Regularmaintenanceandupkeepofthesefacilitiesareconducted,alongwithperiodicmonitoringandrecordingofvariousenvironmentalindicators.Thisensuresthetimelyidentificationandresolutionofanyissues,therebyguaranteeingthecontinuousandeffectiveimplementationofenvironmentalprotectionmeasures.
Indicator
Totalnumberofemployees
NumberofnewlyrecruitedemployeesNumberofemployeesbygenderNumberofemployeesbyage
Numberofemployeesbyhierarchicallevel
Numberofemployeesbyeducationallevel
NumberofemployeesbyregionEmployeeturnoverrateEmployeeturnoverratebygenderEmployeeturnoverratebyage
NumberofemployeesrecruitedduringthereportingperiodNumberofnewlyrecruitedfreshgraduatesMaleemployeesFemaleemployeesEmployeesunder30yearsoldEmployeesaged31-50Employeesover50yearsoldSeniormanagementMiddlemanagementEntry-levelemployeesEmployeeswithahighschooleducationorbelowEmployeeswithcollegedegreeEmployeeswithbachelor’sdegreeEmployeeswithgraduatedegreeoraboveChineseemployeesOverseasemployeesMaleemployeesFemaleemployeesEmployeesunder30yearsoldEmployeesaged31-50Employeesover50yearsold
UnitPersonsPersonsPersonsPersonsPersonsPersonsPersonsPersonsPersonsPersonsPersonsPersonsPersonsPersonsPersonsPersonsPersons%%%%%%
Value50,51718,576
38,38312,13416,95127,8975,669
1,50549,00319,22213,45415,1032,73843,2847,233
33.39
25.69
7.70
15.25
16.09
2.05
XuRuixue,ColdStorageQualityControllerXuRuixue,hailingfromPingyiColdStoragePlantofShan-dongNewHopeLiuheGroupCo.,Ltd.,anintegratedcom-panyinPingyi,showcasedremarkableskillsandperfor-manceatthe“6thNationalMeatIndustry(PoultrySegmen-tation)VocationalSkillsCompetition,”earningherthepres-tigioustitleof“NationalTechnicalExpert.”With19yearsofunwaveringdedicationatthePingyiColdStoragePlant,shehasseamlesslytransitionedfromafrontlineworkertoacoldstoragequalitycontroller.Xuepitomizespersever-anceanddedication,expressing,“Iampassionateaboutmywork.Whetherasafrontlinesegmenterornowasaqualitycontroller,Ifirmlybelievethatdiligenceinanyroleyieldsrewards.”
YanLuqing,EquipmentMaintenanceTechnicianYanLuqing,anequipmentmaintenancetechnicianatShibingNewHopeLiuheBreedingCo.,Ltd.,underscoresthesignifi-canceofequipmentmaintenance,affirming,“Maintainingma-chineryisparamountforenvironmentalprotectionstations.TimelyupkeepenhancesefficiencyandminimizesrepaircostsfortheCompany.”Overhis22-yeartenure,hehasmeticu-louslycompletednumerousmaintenancetasksforsewageandsolidwasteequipment,adheringrigorouslytospecifiedtime-lineswithoutfail.Alwayspreparedtoaddressworkexigencies,hediligentlyattendstodiverseequipmentattheenvironmentalprotectionstation.ISMET,ProductPackagingSpecialist
ISMET,alocalemployeeofNewHopeTurkey,servesasarolemodelforhiscolleaguesthroughhisdedication,sincerity,practicality,andeagernesstolearn.Heoptimizeshissparetimetoacquireskillsinmedicinepackaging,warehousesurveil-lance,andforkliftoperation,earningrelevantcertifications.IS-METwillinglylendsassistance,exhibitsinitiative,sustainshighpackagingefficiency,andupholdsworkplacecleanliness,con-sistentlyachievingcommendableresultsin6Sinspections.AmidstpersonnelshortagesfollowingaTurkishearthquake,hedemonstratedversatilityandcamaraderie,notonlyoperatingforkliftsandpackagingfinishedproductsbutalsofacilitatingsuppliesandaidingdriversinsecuringtrucks.Hismeticulousworkethicandefficientperformancehavegarneredunanimousacclaimfromclients,enhancingthecompany’sstanding.
PoultryandLivestockFarmingStaffIn2023,Bangladeshfacedunprecedentedhightempera-tureslastingover50years.Localemployeesdiligentlytoiledinswelteringconditionstofulfilldailytasksduringthedayandworkedovertimetocullbreedingchickensatnight.Despitetightschedulesandarduousworkloads,theemployeesexhibit-edunwaveringenthusiasm,showcasingaprofoundsenseofresponsibilityandprofessionalism,exemplifyingtheCompany’sethosof“Three-LikeCulture”throughtheiractions.
DifferentiatedCompensa-tionStructureandIncen-tiveMechanism
Equity-basedMid-to-Long-TermIncen-tives
WelfarePrograms
·Managementandfunctionalstaffadoptaperformance-sharingsystem.·Frontlineproductionemployeesareonapiece-ratesystem.·Marketingpersonnelfollowajoint-salesremunerationsystem.·Hourlyemployees’salariesaredeterminedbasedontheirpositionandperformance.Employeestockincentives:In2023,theCompanyunlockedthePhaseIstockincentiveunderthe2022EmployeeStockIncentivePlan.Thisinitiativehaseffectivelymotivatedandsolidifiedourcoremanagementandkeystaffthroughlong-termincentivemechanisms.Bonuspooldistributionmechanism:TheCompanyestablishesatriple-indexassessmentsystemcoveringfi-nancialperformance,operationalexcellence,anddefaultmanagement.ThissystemincludesvariousESG-re-latedindicatorssuchastechnologicalinnovation,foodsafety,safetyproduction,andenvironmentalprotec-tion.Toaddressperiodsmarkedbynotablemarketfluctuations,wehaveintroducedabonusreservoirsys-temforbothheadquartersexecutivesandindustryBUs,assessedonprofitdistributionmetrics.Thisstrategyaimstoeffectivelyharmonizeincentivelevelsovervariousyears,guaranteeingtheconsistencyandstabilityofincentivepolicieswhilenurturingthegrowthandadvancementoftop-tiermanagementteams.Statutorybenefits:Socialinsurance,housingprovidentfund,paidleave,parentalleave(maternityleave),bereavementleave,etc.Specialbenefits:Freeboardandlodging,employeehealthcheck-ups,mealallowance,communicationallowance,transportationallowance,housingallowance,holidaygiftsandbonuses,condolencemoney,etc.
LeadershipDevelopmentforCadresProfessionalCapabilityBuildingStrengtheningtheFounda-tionofTalentCultivation
Weaimtodevelopcadreleadershipandestablishatalentsupplychainacrossalllevels.WeutilizetalentdevelopmentprogramssuchastheNewTalentPlan,EliteTalentPlan,TopTalentPlan,andLeaderPlan,alongwithsupportingcoachingcenters,tocultivatereservesofoutstandingtalentfordevelopmentatalllevelsoftheCompany.Wehavestudiedthebestpracticesforkeypositions,andstrengthenedtheprofessionalca-pabilitiesofspecializedpositions,withaparticularfocusonthemarketingsequence.Thisin-volvesanalyzingkeyjobtasks,creatingjoblearningmaps,learningexpertexperiencetode-veloplearningresources,andinitiatingtraining.Wefocusedontheinheritanceofourcorporatecultureandexperienceinheritance.Basedonthesupportofdigi-talplatformsandinternaltrainers,wehaveestablishedastrongfoundationoftalentcultivationthrougheffortsin-cludingthecultivationofinternaltrainers,curriculumsystemconstruction,trainingsystemconstruction,anddigitallearningplatformconstruction.WealsocollaboratedwithvariousindustriestocreatetwopopularIPs,“Warriors’Talk”and“TheShiningSharers”,creatingaschool-likeorganizationalatmosphereconducivetolearning.
NewTalentTrainingCampFocusonnewemployees
OurNewTalentTrainingCamprevolvesaroundcentralizedlearning,comprehensivecoachingthroughouttheprocess,andon-the-jobtrainingasitscorecomponents,engagingatotalof1,525newemployees.TheCompanyprovidednewemployeeswitha365-day-longjourneyofguidedtraining,offeringactivitiessuchaspre-jobinternships,theNewTalentTrainingCamp,andworkplaceskillsempowermentcours-es.Theseactivitiesaimtohelpnewemployeesgainadeepunderstandingofcorporatecultureandbusinessdevelopment,collectivelyshapingtheircareeraspirationsandfacilitatingtheirgrowth.Wehaveselected40outstandingem-ployeesas“ExperienceMentors”whocloselyinteractwithnewemployeesthroughouttheCamp,payingfullattentiontotheirlearningdy-namicsandaidingintheirsmoothtransitionfromcampustotheworkplace.
IndicatorTotalinvestmentinemployeetrainingTotalnumberoftrainingattendancesintheyearTotaltraininghoursforemployeesTrainingcoveragerateTrainingcoveragerateformaleemployeesTrainingcoveragerateforfemaleemployees
UnitMillionRMBAttendancesHours%%%
Value
404,0001,610,00037%90%10%
SkillsCertificationSup-portforVariousSectorsProductionPositionSkillsCertificationinthePigSectorFreeRangePositionCertificationinthePigSectorProduction,InspectionandTesting,andTechni-calServicePositionCer-tificationintheFeedSector
TargetedGroupBreeders,technicians,supervisors,lineheads,biosafetyofficers,veterinarians,etc.Free-rangeadministratorsforfree-rangeroutesProductionoperators,inspectionandtestingpersonnel,pigandpoultryfarmingtechnicalserviceexperts
MeasuresandResultsWeconductedskillgradingcertificationforpigfarmingproduction,veterinary,andbiosafety,creatingandpublishing435certificationSOPshortvideosand57micro-courses.Thisresult-edinatotalof3,500employeeattendances.Wehavecreated14productionSOPvideosand24generalcourses,with600employeesparticipatingincertification.Throughthecertificationofagradedcompeten-cysystem,weidentifiedhigh-skilledtalentsandalignedthemwithsuitableincentivepoli-ciestoenhanceretentionrates.Thisinitiativeengaged3,400employees.
ImplementingtheRespon-sibilitySystemforHiddenDangerDetectionComprehensivelyPromotingHiddenDangerDetectionRecordingandPublicizingHiddenDangerInformation
Establishandimplementasystemofresponsibilityfordetectinghiddenrisksofproductionsafetyaccidentsextendingfromthemainpersoninchargetotheordinaryemployees.Forhiddenrisksofproductionsafetyaccidents,weconductroutinedetections,comprehensivedetections,specializeddetections,seasonaldetections,detectionsduringkeyperiodsandbeforeholidays,accidentanalogydetections,detectionsbeforetheresumptionofproductionandwork,anddiagnosticdetectionsbyexternalexperts.Forhiddenrisksofproductionsafetyaccidentsdetected,wemakeregistrationsbasedonthelevelofhiddenrisksofproductionsafetyaccidents,establisharchivesofinformationonhid-denrisksofproductionsafetyaccidents,andmakeannouncementsonbulletinboardsorinotherwaystoemployees.
In2023
Foodsaved:
approximately
1.4
milliontons
Externalcharitabledonations:RMB
6.611
million
Increaseinfarmers’incomethrough
the“Company
+Farmers”model:RMB
3.22
billion
“VillageHead”Testimonials
ReportingFrameworkMessagefromtheChairwomanAboutNewHopeLiuheESGGovernanceResponsibilityFocus
EfficientGovernance:UpholdingLong-TermismthroughDiligentEffortsStrengtheningPartyBuildingEnhancingCorporateGovernanceStrengtheningRiskPreventionAbidingbyBusinessEthicsGrowingTogetherwithPartners
QualityInnovation:ProtectingLifewithOurEveryEffort
BoostingDevelopmentthroughTechnologyImplementingStringentQualitySafetyControlImprovingServiceQualityGreenIndustry:NourishingNaturewithCircularAgricultureEnhancingEnvironmentalManagementAddressingClimateChangeEnhancingWaterManagementPreservingEcologicalEnvironment
EmpoweringEmployees:PursuingExcellencethroughGrowthProtectingEmployeeRightsandInterestsBuildingaPlatformforGrowthProvidingHeartwarmingEmployeeCareStrengtheningProductionSafety
NurturingHopeforaBetterWorldwithSocialCommitment
SafeguardingFoodSecuritySupportingRuralRevitalizationCreatingHarmoniousCommunitiesEngaginginCharitableActivities
AppendixIndexTableKeyPerformanceTableAboutThisReportFeedbackForm
GRIStandards2021(reference)2-11/2-222-1/2-62-12/2-13/2-14/2-16/2-17/2-22/2-24/2-26/2-28/2-29/3-1/3-2/3-32-6/2-23/201-1/203-2/2-9/2-10/2-15/2-16/2-26/2-27/405-12-25/2-272-25/2-27/205-1/205-2/205-3/206-12-6/2-27/203-2/308-1/308-2/414-1/414-22-27/201-1/203-2/404-22-27/416-1/416-22-25/2-26/2-27/417-1/417-2/418-12-27/201-1201-2/302-1/302-2/302-3/302-4/302-5/305-1/305-2/305-4/305-5303-1/303-2/303-3/303-4/303-5303-1/303-2/303-4/304-1/304-2/305-7/306-1/306-22-7/2-23/2-25/2-26/2-27/2-30/201-3/401-1/401-2/401-3/405-1/406-1/407-1/408-1/409-1201-1/404-1/404-2/404-3201-1/403-62-19/2-27/201-1/403-1/403-2/403-3/403-4/403-5/403-6/403-7/403-8/403-9/403-10201-1/203-2201-1/203-2413-1/413-2201-1/203-2/2-6/2-7/201-1/302-1/302-2/302-3/303-3/303-4/305-1/305-2/305-4/403-9/404-1/405-12-2/2-3/2-42-29
EconomicIndicatorsIndicatorOperatingrevenueTotalassetsFeedsalesvolumePigoutputvolume
UnitBillionRMBBillionRMBMilliontonsMillionheads
2021
126.262
132.734
28.24
9.9781
2022
141.508
136.679
28.42
14.6139
2023
141.703
129.611
28.76
17.68
EnvironmentalIndicatorsIndicatorEnvironmentalManagement
Energymanagement
Greenhousegasemissions
Waterresourcemanagement
Wastemanagement
TotalinvestmentinenvironmentalprotectionEnvironmentalprotectiontrainingGasolineconsumptionDieselconsumptionNaturalgasconsumptionOutsourcedelectricityOutsourcedsteamTotalenergyconsumptionEnergyconsumptionintensityDirectgreenhousegasemissions(Scope1)Indirectgreenhousegasemissions(Scope2)TotalgreenhousegasemissionsGreenhousegasemissionintensityTotalwaterintakeWaterintensityforfeedprocessingWaterintensityforpigfarmingWaterintensityforslaughteringmeatTotalDischargeVolumeTotalwastewatertreatmentvolumeChemicaloxygendemandTotalammonianitrogenemissionsWastewaterrecyclingrate
UnitMillionRMB
TimesLitersLitersMillioncubicmetersMillionkilowatthours
TonsTonsofstandardcoalTonsofstandardcoal/RMB10,000ofrevenue
TonsofCO2equivalentTonsofCO2equivalentTonsofCO2equivalentTonsofCO2equivalent/RMB10,000revenue
MilliontonsCubicmeters/tonCubicmeters/headCubicmeters/headMilliontonsMilliontonsTonsTons%
2022
151.18
1,996,30616,328,927
184.20
2040.55595,115533,338.74
0.0377
445,862.901,329,400.861,775,263.75
0.1255
——————————
16.00
157,500123,237
——
2023
336.80
1,620,701.5115,223,719.21
216.4268
3293.4786626,346.71793,532.12
0.0560
511,780.242,029,658.862,541,439.11
0.1793
27.3481
0.81
0.41
27.0184
30.1113
15,877
835.3
SocialIndicatorsIndicatorProductionSafetyCustomerServiceR&Dinnovation
SupplyChainManagement
Employees
PublicWelfareandCharity
TotalinvestmentinproductionsafetyTotaloccupationalinjuryrateTotalattendanceofsafetytrainingCustomercomplaintresolutionrateTotalR&DinvestmentNumberofR&DstaffTotalnumberofsuppliersSuppliersfromtheChinesemainlandNumberofsuppliersundergoneannualreviewsTotalnumberofemployeesGenderstructure
Agestructure
Academicstructure
Regionalstructure
EmployeeturnoverrateTotalinvestmentinemployeetrainingNumberofemployeeparticipatingintraining
TotaltraininghoursforemployeesTotalcharitabledonations
MaleemployeesFemaleemployeesEmployeesaged30andunderEmployeesaged31-50Employeesover50yearsoldEmployeeswithahighschooleducationorbelowEmployeeswithcollegedegreeEmployeeswithbachelor’sdegreeEmployeeswithgraduate/MBAdegreeorabove
ChinesemainlandemployeesEmployeesfromHongKong,MacaoandTaiwanofChinaOverseasemployees
UnitMillionRMB
%
Attendances
%
MillionRMB
PersonsCompaniesCompaniesCompanies
Persons
Persons
Persons
Persons
Persons
Persons
Persons
Persons
Persons
Persons
Persons
Persons
Persons
%
MillionRMBttendances
HoursMillionRMB
2022
89.83
0.015
879,425
302.13
1,0949,4155,3033,85477,32850,26327,06519,64146,11111,48637,65115,16220,6703,84569,097
8,226————————
9.335
2023
88.8138
0.25
756,983
209.58
5,5723,6974,56250,51738,38312,13416,95127,8975,66919,22213,45415,1032,73843,284
7,233
33.39
404,0001,610,000
6.611