2023ENVIRONMENTAL, SOCIAL?AND?GOVERNANCE (ESG)?REPORT
Shanghai HIUV New Materials Co., Ltd.
ContentsAbout This ReportMessage from our ChairmanAbout HiUV
Highly Innovative and Dynamic R&D TeamMaintaining Leading-edge TechnologyProfessional Intellectual Property Protection
Focusing on R&D Innovation
Full-process Quality ManagementFirst-rate Service
Optimizing Customer Service
Improve Environmental ManagementOptimize Energy UtilizationMinimize Waste DischargeGreen Production and Operation
Eco-friendly Growth Model
Harmonious and Inclusive Work EnvironmentEmployee Career Development PlanOccupational Safety and HealthEmployee BenefitsSocial Responsibility
Employee and Social Care
上海海优威新材料股份有限公司2023年环境、社会及治理报告About This Report
This report is the 2023 Environmental, Social, and Governance (ESG) Report published by Shanghai HIUV New Materials Co., Ltd. Forall stakeholders, it is intended to disclose the company's concepts, actions, and achievements in ESG and sustainable development. Wehope stakeholders will gain a deeper understanding of us through this report and provide valuable feedback.
Disclaimer
Report Scope
Report Instruction
Time RangeThis report covers a time range from January 1, 2023to December 31, 2023. To enhance readability, somecontent may extend beyond this timescale.
This report has been prepared with reference torelevant standards and guidelines includingAnnouncement No. 29 [2018] of the China SecuritiesRegulatory Commission—Code of CorporateGovernance of Listed Companies (2018), the SSEGuidelines No.2 on the Application of Self-RegulationRules for Listed Companies on SSE STAR Market -Voluntary Information Disclosure (2022)., the SSEGuidelines on Self-Regulation for Listed Companieson SSE STAR Market.
Report Preparation Criteria
Some parts of this report are forward-looking, includingstatements about business plans, innovative products,and strategic planning. These statements refer topredictions of future events based on currentcircumstances and may be subject to unknown anduncertain factors, which could result in significantdifferences from actual outcomes. These forward-looking or expectation statements do not constitutesubstantial commitments to investors by the company.
The financial data in this report is derived from theaudited 2023 annual report. In case of anydiscrepancies, the annual report shall prevail. Other datais sourced from the company's internal managementsystem. All monetary amounts mentioned in this reportare denominated in RMB, unless otherwise specified.
Data Source
This report is available in both physical and electronicversions. The electronic version can be accessed anddownloaded from the Shanghai Stock Exchange websiteat www.sse.com.cn.
Shanghai HIUV New Materials Co., Ltd.Address: Room 909, Building 1A, No. 3000 Longdong Avenue, Pilot Free Trade Zone,Shanghai 201203, ChinaTel: 021-58964211Email: hiuv@hiuv.net
Report Access
Contact Us
This report covers an organizational scope includingShanghai HIUV New Materials Co., Ltd. and itssubsidiaries (referred to as "HIUV," "the Company,""the Group," or "we"), focusing on fulfilling socialresponsibility. It provides a truthful and objectivereflection of the company's significant informationrelated to social responsibility in the course of itsbusiness and management activities.
HIUV 2023 ESG Report
Registered in 2005 in the Shanghai Zhangjiang Hi-Tech Park, Shanghai HIUV NewMaterials Co., Ltd. is a high-tech enterprise specializing in R&D, production, and sales ofspecialty polymer films. Centered on film technology, the company is committed to the newenergy and the new materials industries, providing mid-to-high-end film products to itscustomers. At present, the company provides various innovative films as its main products,including a set of encapsulation films for photovoltaic modules, new automotive intelligentdimming films, eco-friendly surface materials, thermal and noise reduction adhesive films .Currently, the company's core business focuses on the photovoltaic moduleencapsulation industry. Leveraging advanced technology and rapid innovation capabilities,HIUV continuously launches high-quality, differentiated film products to meet the ever-increasing quality standards of photovoltaic modules and the growing market demand of itscustomers. The company capitalizes on its solid foundation and innovative capabilities inpolymer film materials, film equipment, and film processing technology to actively exploreand develop new film material products in fields such as new energy vehicles. Its goal is toevolve into a leading technology-driven manufacturer of specialty polymer films.
In the future, the company aims to continuously provide innovative and cost-effectiveproducts to clients across multiple sectors through technological innovation, informationempowerment, and lean management. HIUV is dedicated to promoting technologicaladvancements and cost efficiency in the photovoltaic industry while fosteringenvironmental protection, energy conservation, innovation, and progress in new automotivefilm materials. The company strives to accelerate the development of a clean, low-carbon,safe, and efficient energy system, fulfilling its social responsibilities and contributing toecological protection, pollution prevention, and stakeholder involved cooperation anddevelopment.
Chairman of HIUV
Message from Our Chairman
上海海优威新材料股份有限公司2023年环境、社会及治理报告About HIUV
Registered in September 2005 in Shanghai Zhangjiang Hi-Tech Park, HIUV is a high-tech enterprisespecializing in R&D, production, and sales of specialty polymer films. Centered on film technology andgrounded in the new energy and the new materials sectors, the company integrates film materials,equipment, and processing technologies. It focuses on innovative research and development, intelligentmanufacturing, and application sales of new film materials. It is dedicated to providing new mid-to-high-end polymer film products, technical services, and comprehensive solutions to various clients in its strategicemerging industries. The company continually strives to meet the needs for energy conservation,environmental protection, safety, convenience, and consumption upgrades, aspiring to become a technicalleading enterprise in the film industry with a market value exceeding ten billion yuan.
Our StrategyInnovation?as?the?core?competitivenessProducing?the?most?cost-effective?specialty?film?productsPromoting?technological?progress?and?development?in?the?photovoltaic?and?automotive?industries*In January 2021, the company was listed on the STAR Market under the stock name HIUV New Materials,with the stock code 688680.
HIUV 2023 ESG Report
About HIUV
HIUV 2023 ESG Report
上海海优威新材料股份有限公司2023年环境、社会及治理报告About HIUV
?2005 Established in Shanghai Zhangjiang Hi-Tech Park, founded the HIUV R&D Center?2005 Established a joint laboratory with East China University of Science and Technology?2008 Successfully conducted trial production of EVA films for solar photovoltaic cell encapsulation?2009 Commenced construction of the industrialization project in Jinshan District, Shanghai?2010 Began production on the EVA film production line at the Shanghai Jinshan manufacturing base?2012 Launched the EVA film production base in Baoding, Hebei Province?2014 Completed the corporate restructuring?2015 Listed on the National Equities Exchange and Quotations (NEEQ) system for SMEs?2017 Recognized as a "Little Giants of Technology," a Shanghai Enterprise Technology Center, and a Specialized, High-end and Innovation-driven Enterprise in Shanghai?2018 Opened photovoltaic film production bases in Suzhou and Changzhou?2019 Its products are included in the 2019 Shanghai Innovation Products Recommendation Catalogue?2020 Recognized as a Shanghai Patent Demonstration Enterprise; launched the Taizhou photovoltaic film production base?2021 Listed on the STAR Market; launched the Shangrao photovoltaic film production base project?2022 Began production at the Taizhou and Shangrao bases; initiated the Vietnam production base project?2023 Achieved industrialization of new film products for the automotive sector
HIUV 2023 ESG Report
National Intellectual PropertyAdvantageous Enterprise
China National Intelligent Property Administration
Shanghai Patent WorkDemonstration EnterpriseShanghai Intelligent Property Administration“Little Giants” EnterpriseMinistry of Industry and InformationTechnology of The PRC
China Photovoltaic 20 YearsInnovationPioneer AwardOrganization Commission of China?International?PV?Industry?
Conference
Tongwei Module Supplier Quality
Shanghai EnterpriseTechnology CenterShanghai Municipal Economic And IT Commission
Shanghai Municipal Tax Service, State Taxation Administration
Shanghai Municipal Finance BureaShanghai Customs District P.R.China
GREENPV TechnologyInnovation Award 2023Organization Commission of China?
International?PV?Industry?
Conference
N-Type Photovoltaic MaterialsIndustry Pioneer 2023
PV?Pioneer?Innovation?Forum?Shanghai?Solar?Energy?Society
Honors and Recognitions
Organization Commission of China?International?PV?Industry?
Conference
HIUV 2023 ESG Report
Strategy and ESG Committee
Compensation andAppraisal Committee
The highest authority of the company. The procedures forconvening, holding, and voting at the General Meeting ofShareholders comply with the Company Law of China, Articles ofAssociation, Rules of Procedure for the General Meeting ofShareholders, and other relevant regulations, ensuring that allshareholders, especially minority shareholders, enjoy equal statusand legitimate rights.
The company’s daily decision-making meeting. It is responsiblefor executing the resolutions of the General Meeting ofShareholders, deciding on the company’s business plans andinternal management structures, formulating profit distributionplans and investment and financing plans, appointment anddismissal of senior management personnel, and managing thecompany’s information disclosure. It is composed of seven
directors (including two female directors), of whom three areindependent directors.
▲The company’s supervisory body. It is responsible for supervising relevantitems including the company’s operations, related transactions, managementand use of raised funds, promoting the company’s healthy, stable, andsustainable development. It is composed of three supervisors, including twoshareholder representative supervisors and one employee representativesupervisor (including one female supervisor).
The company’s chief operatingofficer under the leadership of theBoard of Directors, who isresponsible for implementing andexecuting the board’s resolutionsand overseeing the company’sproduction operations and dailymanagement.
▲One of the specialized committee established by the
Board of Directors. It is mainly responsible for researchingand making recommendations on the company’s medium andlong-term development strategies, ESG work, and majorinvestment, and financing matters. It is composed of three
directors, with the chairman of the board serving as the chiefcommittee member.
▲One of the specialized committee established by the
Board of Directors.It is mainly responsible forcommunication between internal and external audits,reviewing the company’s internal control systems and theireffectiveness, recommending the appointment or replacementof external auditors, and reviewing the company’s financialinformation and disclosures. It is composed of threedirectors (including one female member), with anindependent director serving as the chief committee member.
▲One of the specialized committee established by the Boardof Directors. It is mainly responsible for selecting andrecommending candidates for the company’s directors andsenior management personnel, as well as defining selectioncriteria and procedures. It is composed of three directors,
with an independent director serving as the chief committeemember.
▲One of the specialized committee established by the
Board of Directors. It is mainly responsible for formulatingcompensation plans and appraisal standards for thecompany’s directors and senior management personnel, andsubmitting appraisals to the board for review and decision. It
is composed of three directors (including two femalemembers), with an independent director serving as the chiefcommittee member.
Nomination Committee
Supervisory
Board
GeneralMeeting ofShareholders
GeneralManager
Board of
Directors
Audit Committee
Securities
Dept.
LegalDept.
GM Offuce
Information Dept.HR & Administration Dept.Finance Dept.Group Affairs Dept.
BoardSecretary
Supply Chain Dept.R&D CenterIndustrial IncubationDpet.Photovoltaic Dept.
Governance And Management“Three Committees and OneLevel” Governance Model
Automotive Dept.
HIUV 2023 ESG Report
ResolutionsReviewed:
ResolutionsReviewed:
23 34
Board MeetingsHeld:
ShareholderMeetings Held:
Supervisory BoardMeetings Held:
Announcements Publishedon SSE Website:
3 8
Key Performance
2023
Governance And Management
Investor Relations Management
Protection of Minority Shareholders’ RightsThe company places great importance on safeguarding the rights of minority shareholders. Shareholdershave the legal rights to receipt of asset returns, participation in major decisions, and selection ofmanagement. The company actively engages with minority shareholders and investors, thoroughly considerstheir feedback, addresses their inquiries, and maintains a positive communication relationship with them.
The company prioritizes communication with investors and transparent information disclosure. It hasestablished the “Investor Relations Management System of Shanghai HIUV New Materials Co., Ltd” basedon relevant legal regulations and regulatory requirements. Through various communication channels such asstatutory disclosure platforms, SSE E-Interaction, shareholder meetings, investor performance briefings,roadshows, and institutional research, the company ensures open, timely, and transparent informationdisclosure to meet investors' communication needs.
PerformanceBriefings Held:
Research andRoadshows Conducted:
Announcements Publishedon SSE Website:
3 121 106
关键绩效
2023
Key Performance
ResolutionsReviewed:
HIUV 2023 ESG Report
Risk Management and ControlWe continuously improve and standardize the company’s operational and management processes,optimize compliance organization, and enhance compliance and risk control capabilities.
Business Operations Management TeamEnhance the risk identification and management capabilities of business departments,strengthen the risk management awareness and accountability of business personnel, andfully leverage the risk identification, prevention and control functions of these departments.Risk Management and Other Compliance DepartmentsResponsible for internal monitoring and supervision, integrating internal controlmanagement processes into daily operations and product development to ensure theeffectiveness of internal control measures.
Audit DepartmentMaintain high degree of independence and objectivity, and provide independentconfirmation of the effectiveness of corporate governance, risk management, and internalcontrols, including whether the above two option lines have met the objecives of riskmanagement and control.
内部审计
内部审计Senior Management Team
Governance Body/ Board ofDirectors/ Audit Committee
External Audit
Government and OtherRegulatory AgenciesBusiness OperationsManagement and Control
Internal Control Measures forBusiness Operations
Risk ControlFinanceControlQualityControlLegal/ComplianceComplianceReviews
InternalAudit
HIUV 2023 ESG Report
Major Measures
Risk Management and Control
Establish a series of information security management systems, including the“Information Security Management System,” “Company ConfidentialitySystem,” “Emergency Response Plan for Information Security,” and“Intellectual Property Management Regulations,” to strictly regulate informationflow, permission levels, property ownership, and emergency handling;Set up a commercial secret protection complaint hotline and email for reportingto eliminate information security risks.
Improve internal control systems including corporate governance, workprocedures, process flow, and internal audit systems by increasing processsupervision personnel and conducting training to ensure that all employees areaware of the system;Develop and optimize the “Code of Conduct for Employees Interacting withSuppliers” and the “New Supplier Inspection Report;”
Strictly comply with the Company Law of China, Rules Governing the Listing ofStocks on Shanghai Stock Exchange, and Regulations on Information Disclosureof Listed Companies, ensuring the authenticity, accuracy, completeness, andfairness of information disclosure;
Develop the “Investor Relations Management System,” and enhancecommunication with institutional and minority investors through variouschannels including the SSE website, SSE E-Interaction platform,shareholder meetings, performance briefings, online and offline investorresearch, phone calls, and email;Respond to investors via the SSE E-Interaction platform；
We have appointed RSM China as the internal control audit institution for 2023. They evaluatedthe effectiveness of internal controls at functional departments in the headquarters andsubsidiaries, finding no significant deficiencies in internal control design and execution, andissued an “Internal Control Audit Report” with an unqualified opinion, which is disclosed by thecompany annually.
HIUV 2023 ESG Report
Business Ethics
HIUV understands the importance of a compliance culture in corporate governance and places greatemphasis on business ethics. We continuously enhance our ethics and compliance managementsystem to promote sustainable development. We strictly adhere to laws and regulations such as theCriminal Law of the People's Republic of China, the Civil Code of the People's Republic of China,the Anti-Unfair Competition Law of the People's Republic of China, and the Interim Provisions onBanning Commercial Bribery. We firmly oppose and prohibit corruption and aim to foster a culture ofintegrity and honesty within the company.
In April 2023, the company established the “Anti-Corruption Management System,” conductedinternal briefings on its provisions, required allemployees to comply strictly in their daily workand business activities, and organized employeesto sign the “Anti-Corruption DisciplineCommitment.”
Establish “Anti-Corruption Management System”Revise the “Supplier Commitment Letter”
HIUV extends business ethics to its partners,setting up expectations and requirements tosuppliers on integrity, transparency,information confidentiality, compliance, andsocial responsibility for building stable,healthy, and sustainable partnerships.
Tender Projects:
Special Audit Conducted:
Corruption Cases:
631 02023
Public Reporting Platform
Tel: 15900564361Email: shenjijubao@hiuv.netAddress: Audit Department, 29 Shande Road, Jinshan District, Shanghai
To build a positive company image and maintain the company's interests and sustainabledevelopment, we have established a public reporting platform to encourage employees and otherstakeholders to report violations of laws and company policies by HIUV employees.
Key Performance
HIUV 2023 ESG Report
上海海优威新材料股份有限公司2023年环境、社会及治理报告Stakeholder CommunicationStakeholder communication and engagement are crucial components for achieving sustainabledevelopment. The company places great emphasis on addressing the concerns and interests ofvarious stakeholders. By examining the types and contents of stakeholders affected by differentaspects of our operations, we take targeted measures to address their needs. We continuously refineand improve our stakeholder management mechanisms to enhance operational transparency.StakeholderExpectations and Requests
Shareholders
Employees
Customers
Compliance with laws and regulationsCreation of employment opportunitiesLegal tax paymentsRisk preventionPromotion of local industry development
Ensuring legal and regulatory complianceCreating Job OpportunitiesMeeting tax obligationsRegular approvals and regulatory supervisionParticipating in research activities and meetings
Response
Improvement of corporate governanceTransparency in information disclosureStrengthening investor relations managementCreation of stable returns
Holding shareholders' meetingsTimely and comprehensive information disclosureConducting roadshows and performance briefingsHosting meetings with investors and analystsProtection of basic rightsCareer advancement and developmentAttention to employee healthEnhancement of compensation and benefitsWork-life balance
Holding employee representative meetingsComprehensive talent development programsConducting employee care activitiesImproving compensation and benefit systemsConducting employee satisfaction surveysBuilding customer service systemsConducting needs and satisfaction surveysEngaging in technical exchangesMaintaining product quality controlFair competitionIntegrity and mutual benefitOpenness and transparencyExpansion of cooperation channels
Holding supplier meetingsConducting partnership discussionsParticipating in industry associationsEngaging in routine meetingsProtection of community environmentParticipation in social welfare activitiesPromotion of community economic developmentTargeted poverty alleviation services
Organizing public welfare activitiesEngaging in volunteer servicesParticipating in poverty alleviation efforts
Community
Government andRegulatory Agencies
Partners
Safe and stable product performanceRapid product innovation and iterationCompetitive priceFast delivery and good service
HIUV 2023 ESG Report
Focusing on R&D Innovation
Highly Innovative and Dynamic R&D TeamMaintaining Leading-edge TechnologyProfessional Intellectual Property Protection
Highly Innovative and Dynamic R&D Team
We continually improve our R&D system, foster a supportive R&D environment, and establishinternal communication and sharing channels. We encourage learning, exchange, and sharing ofcutting-edge forum information, periodic achievements, and professional insights. By promotinginternal and cross-team communication, we foster flexible communication and experience sharingamong R&D personnel in both theory and practice, with the aim to develop multidisciplinaryteams integrating R&D experience and professional technology, and positioning the company as ahub for high-end talent in polymer materials and engineering.
R&D Center
PV New Products
New Automotive
Film
IP and ExternalCooperation
R&D Laboratory
R&D Personnel:
Proportion of R&DPersonnel in Total
Employees:
180 16.26 %
2023
Additionally, we have established an incentivesystem for R&D personnel, including rewardsfor research achievements, performanceevaluations, equity participation, and personaldevelopment. These multi-dimensionalincentives are designed to motivate R&Dpersonnel, stimulate their creativity andpotential, and enhance innovation capabilities.
HIUV 2023 ESG Report
Maintaining Leading-edge Technology
Since entering the photovoltaic encapsulation filmindustry in 2008, HIUV has focused onindependent R&D, guided by technologicalinnovation, application development, andindustrial chain layout. Through continuous R&Dinnovation, HIUV has further improved theproduct structure, enhanced the cost-effectivenessof products, and accelerated the product iterationto maintain its technological leading edge.
Independent R&D Products
As one of the leading manufacturers in theindustry, HIUV adheres to the business philosophythat "R&D innovation is the corecompetitiveness," consistently designsencapsulation film production equipment,develops production processes independently, andrelys on its self-developed product formulations tomaintain its leading position in the industry.
Independent Equipment and Process Design
R&D Investment＞100 million yuan
2023
Key Performance
HIUV was recognized as “Little Giant” Enterprise bythe Ministry of Industry and Information Technology
HIUV 2023 ESG Report
上海海优威新材料股份有限公司2023年环境、社会及治理报告Maintaining Leading-edge Technology
New encapsulation films forphotovoltaic modules,suitable for encapsulating N-type, PERC, and othermodules with highweatherability requirements.
White EVA-S201W
Solutions for Anti-PID and Anti-snail Grain Encapsulation of PV ModulesTransparent EVA-S201MT
Solutions for Anti-PID and High Yield Encapsulation of N-type TOPCon andPERC Modules
Solutions for Power-Enhancing Encapsulation of Modules
A lower layer encapsulation film for modules lamination(backsheet of the panel)
0.5%—1%(absolute
value)
Product advantage：Can enhance module power by
A fast-curing EVA suitable for various solar photovoltaicmodules encapsulationDevelop double EVA film encapsulation solutions forTOPCon modules
Pure POE-P507(M)EPE-P507
The company has introduced strategic new solutions for panel module encapsulation, covering varioustechnological routes such as TOPCon module encapsulation, HJT module encapsulation, and 0BBinterconnection technology lamination. By breaking through international patent barriers of core rawmaterials for luminescent films, product reliability is further improved. High-quality differentiatedencapsulation solutions for special environments like deserts, snowfields, and oceans are provided.Examples are as follows:
HIUV 2023 ESG Report
Maintaining Leading-edge Technology
Product Advantages:
XPO leather is superior to traditional PU and PVC leather in softness and comfort, which caneven simulate genuine leather with its unique elasticity and texture, while offering greatersustainability. It is a perfect combination of fashion and eco-friendliness, meeting consumerdemands for high-quality leather materials.
New Eco-friendly Surface MaterialXPO Leather
XPO LeatherApplied in Automotive IndustryüProducts have been mass-produced in collaboration withsupplier partners.
üSoftüComfotableüEco-FriendlyüDirt-ResistantüHigh Weatherability
More Innovative Product Solutions
HIUV 2023 ESG Report
Maintaining Leading-edge Technology
Product Advantages:
Hshade PDCLC intelligent-color dimming film can adjust the voltage to switch the glassbetween transparent and opaque states, transparent when powered, opaque when not. It can beused for finished laminated switchable glass or for making rear-projection LCD film.Utilizing the electric field principle of switchable glass, it maintains spatial transparencywhile conveniently protecting privacy. Unlike conventional PDLC on the market, HIUVPDCLC incorporates black dye into the liquid crystal, making the dimming film moresophisticated, suitable for various scenarios. Especially in automotive sunroofs, it can achievesmart dimming, privacy protection, energy-saving, and UV protection functions.
üIntelligent DimmingüPrivacy ProtectionüEnergy-SavingüUV Protection
PDCLC Intelligent-Color Dimming FilmApplied in automotive sunroofs
New Automotive FilmPDCLC Intelligent-Color Dimming Film
More Innovative Product Solutions
HIUV 2023 ESG Report
The company has established a comprehensive intellectual property management system andstandardized control procedures. Specialized departments and personnel manage the company'sintellectual property, including acquisition, maintenance, utilization, risk management, anddispute resolution. The company has obtained the Intellectual Property Management SystemCertificate and receives professional services such as patent strategy and patent searches fromspecialized intellectual property service providers.
Professional Intellectual Property ProtectionIntellectual Property System Management
HIUV 2023 ESG Report
Professional Intellectual Property Protection
In accordance with the National Intellectual Property Office's requirements, Shanghai HIUV NewMaterials Co., Ltd. was recognized as a National Intellectual Property Advantageous Enterpriseby the National Intellectual Property Office in September 2023. This marks a breakthrough forthe company in establishing a national-level intellectual property platform and indicates thecompany's strong intellectual property strategic management, comprehensive competitiveadvantage in intelligent property, and high industry influence.
Intellectual Property Platform Establishment
Granted:
Granted:
Granted:
5 21 3个
Key Performance
2023
Invention patents
applications:
Practical patents
applications:
Product Appearance Design
patents applications:
Total granted:
29个
Total applications:
*As of 2023, the company has applied for 316 patents and granted 144 patents.
HIUV 2023 ESG Report
Optimizing CustomerService
Full-process Quality ManagementFirst-rate Service
Full-process Quality Management
In accordance with ISO 9001 quality management system requirements, HIUV, always prioritizingcustomer satisfaction, enhances product and service quality from multiple dimensions, includingproduction, R&D, quality control, and supply chain.
HIUV employs advanced production technology and equipmentto ensure efficiency, stability, and reliability of productionprocesses. The company optimizes production workflows byutilizing energy-efficient techniques, and reduces waste toenhance production efficiency.
Production Quality
Management
HIUV invests significantly in developing new products andimproving existing ones, focusing on energy conservation andenvironmental protection. The company strengthenscommunication with customers to better meet their needs.
R&D QualityManagement
Product Quality
Improvement
HIUV boasts a comprehensive quality management system thatincludes quality testing, control, and improvement. The companyuses advanced testing equipment and techniques to ensureproducts meet customer requirements and standards.
SupplierManagement
HIUV enhances supplier management and oversight, establishinga supplier evaluation system to improve supply chain integrationand transparency, reduce energy consumption and emissionsduring logistics, and enhance ecological and social benefits.
HIUV 2023 ESG Report
First-rate Service
In addition to product innovation and reliability, HIUV places high importance on customerservice. The company offers a variety of products tailored to different customer needs andcontinuously conducts industry and market research to meet customer demands. In 2023, HIUVimplemented customer demand analysis and response initiatives, increasing both customernumbers and their satisfaction.
Customers’ DemandsOur Response and Measures Taken
Privacy Protection
DifferentiatedProducts and Services
Quick Response
R&D and innovation are foundational to business development, upgradingtechnology R&D systems and strengthening R&D facilities;Continuous R&D innovations upgrade product structures to helpcustomers reduce costs and increase efficiency；Accelerate product iteration to maintain technological leadership;Sign confidentiality agreements with customers to clarify privacy protection;Encrypt customer privacy on product packaging as required;Define confidentiality requirements in specific collaborations with detailedconfidentiality clauses for mutual protection;Provide differentiated packaging solutions for various environments,including deserts, snowfields, lakes, and offshore;Promote new surface materials in the automotive industry and partnerwith leading collaborators in industry for mass production;Adjust production capacity promptly to meet the surging demand andcustomers’ needs for photovoltaic encapsulation films;Develop related technologies independently to overcome international patentbarriers;
Poduct Innovation
Optimizing SupplyChain
Establish and improve supplier management system and workflow forkey processes, such as supplier access, procurement contractmanagement, material procurement progress, and warehouse entryinspection of raw materials, promoting suppliers ESG risks identificationand control;
HIUV 2023 ESG Report
Eco-friendly Growth Model
Improve Environmental ManagementOptimize Energy UtilizationMinimize Waste DischargeGreen Production and Operation
Improve Environmental Management
EnvironmentalPollution Incidents:
Environmental TrainingRate for All Levels:
100%
Key Performance
Environmental imput around
6.78 million yuan
2023
Environmental Management MechanismStrengthen EnvironmentalMonitoringDevelop self-monitoring plansusing manual, automatic, andcombined methods to ensurecompliance.
Environmental PerformanceEvaluationDevelop the “EnvironmentalProtection Reward and PenaltyAssessment System” for oversightand evaluation, with strictadherence to annual environmentalprotection indicators in departmentor workshop.
Improve emergency response andhandling capabilities forenvironmental accidents accordingto relevant laws and regulationssuch as “Measures for theAdministration of ContingencyPlans for Emergencies.”
Environmental EmergencyManagement
HIUV strictly adheres to national and local environmental protection laws and regulations, such as theEnvironmental Protection Law of the People's Republic of China and the Law of the People’s Republic ofChina on Energy Conservation, and has developed and revised environmental management documents,including the “Environmental Protection Facility Operation Management Measures,” “Waste ManagementRegulations,” and “Noise Management Regulations,” to enhance environmental management.In the future, the company will continuously enhance environmental management top-level design,establish and complete a clear environmental management mechanism, comprehensively deal with climatechange response and environmental management efforts.
HIUV 2023 ESG Report
Energy-Saving Management Measures
Optimize Energy Utilization
Replaced the motors in the Pinghu base workshopswith variable frequency motors, annually saving
? Examples? Equipment Upgrades
333,990
kWh
Ongoing Energy-Saving Technological Improvements
üUtilize advantages of photovoltaic-enterprise nature to install distributed solar power stations
across each production base, maximizing energy efficiency in production processes;üInnovate processes to enhance raw material and energy utilization;üStrengthen management practices to monitor high-energy-consuming equipment, reducing
energy consumption;üContinuously upgrade production equipment and environment to lower energy consumption;üDevelop and gradually implement long-term technological improvement plans;Non-Production Energy ManagementüRemind and encourage employees to turn off air conditioners, computers, water dispensers,
and other energy-consuming devices after use;Capability and Awareness Enhancement
üPopularize energy-saving education to improve employees' energy-saving consciousness;üStrengthen training for energy-saving technology supervisory personnel;üPlan training for energy management personnel to achieve energy management engineer
qualifications;
We separate industrial production wastewater andemployee domestic wastewater, treating them accordingly.The former mainly comes from production line circulatingcooling, equipment washing and floor cleaning. Recyclablewastewater is reused, while non-recyclable wastewater istreated and discharged after meeting standards.
? Production Wastewater Reuse
HIUV 2023 ESG Report
Reducing Waste Emissions
Wastewater, Gas, and
Noise EmissionsCompliance Rate:
100%
Hazardous WasteDisposal Rate:
100%EnvironmentalPollution Incidents:
üImplement synchronized operation, maintenance, and repair of both environmental protectionfacilities and production facilities to ensure their stable operation;
üStrengthen the management of environmental facilities' operational processes to enhancestability and efficiency;üRegularly monitor pollutant emissions to ensure compliant discharge;üEnhance pollution and waste treatment;üUtilize various resources and online recycling systems to reduce waste generation;üEnsure waste water, gas, and boundary noise emissions meet standards after testing;üClassify solid waste for treatment, disposing of hazardous waste as per regulations;üObtain and comply with pollutant discharge permits (including pollutant discharge registrationmanagement) for all pollutant-generating processes;üEmploy advanced cleaning techniques and production processes to minimize hazardous wastegeneration.
The company strictly adhere to the Environmental Protection Law of the People's Republic ofChina and other relevant environmental laws and regulations, ensuring effective environmentalprotection.
HIUV 2023 ESG Report
Use OA and various online systems throughout the process, reducing paper usage.
Green Production and Operation
? Apply Online Softwares
Promoting green development requires every enterprise starts from every details of production andoperation. HIUV integrates environmental protection concepts into its daily operations andmanagement by implementing various measures to promote green office practices, encouragingemployees to contribute to energy-saving, environment protection, thereby creating a favourableatmosphere for green office and operations.Major Measures
Advocate EnvironmentalProtection Concept
Regular propaganda ofenvironmental protectionand energy-saving;Promote wasteclassification.
Save energy by using LED andsolar lights for illumination;Reduce internal documentprinting and distribution,promoting paperless offices.
Energy-saving Pracitices Online Work and Green Commuting
Utilize online office apps for meetings,favoring video conferencing over in-person meetings;Install charging stations in parking lotsto encourage purchasing new energyvehicles and green commuting.
? Examples
HIUV 2023 ESG Report
Green Production and Operation
CO? Reduction:
5795.5t
Standard Coal Savings:
Deforestation Reduction:
2325.2t 319709t
? PV Roofs
HIUV assumes social responsibility forcarbon reduction by installing distributedsolar power stations on factory rooftopsand encouraging employees to installrooftop stations at home.Over the past six years, the company'sphotovoltaic power generation hasachieved significant reductions in carbondioxide, standard coal consumption, anddeforestation. Details are as follows.
Electricity of PV Roofs Generated at HIUV Factories
HIUV 2023 ESG Report
ElectricityGenerated/kWh
Employee and Social Care
Harmonious and Inclusive Work EnvironmentEmployee Career Development PlanOcupational Safety And HealthEmployee BenefitsSocial Responsibility
上海海优威新材料股份有限公司2023年环境、社会及治理报告Harmonious and Inclusive Work Environment
We recognize that safeguarding employee rights is a fundamental responsibility for anycompany. In recruitment and employment practices, we ensure that every employee's basic rightsare protected in accordance with the law. We continuously improve the "Employee RecruitmentManagement Measures," establish a market-oriented recruitment and employment mechanism,treat employees of different genders, ages, ethnic minorities, and cultural backgrounds equally,and provide equal job opportunities for all applicants.Fair and Transparent RecruitmentIn line with our company's development plans, we implement an open recruitment system, expanddiverse recruitment channels, and maximize the public availability of job information. We usestandardized and regulated application processes to comprehensively evaluate candidates andselect the best talent. Every employee is guaranteed equal opportunities in career development,compensation, and benefits, with female employees also having access to various decision-makingand leadership roles.
100%
Total Employees
Total Employees
Including Female Managers:
Proportion:
Added:
18.2% 7
Including Female Managers:
Proportion:
Added:
1.7% 1
Middle-levelManagement
SeniorManagement
HIUV 2023 ESG Report
2023 Employee Distribution Structure
Harmonious and Inclusive Work Environment
31%
44%
22%
3%By Age
30岁以下31-40岁41-50岁51岁以上
2%6%
16%
74%
1%
By Function
财务管理研发直接生产销售
2%6%
16%
74%
1%
By Function
财务管理研发直接生产销售
0%
2%15%
20%63%
By Education
博士硕士本科大专大专以下
0%
2%15%
20%63%
By Education
博士硕士本科大专大专以下
17%
83%
By Company in Group
上海新材料其他子公司
| 17%83%By Company in Group 上海新材料其他子公司 | 3%10%76%11%By Service Year10年以上3-5年3年以下5-10年 |
16%
84%
By Path
管理通道专业通道
HIUV 2023 ESG Report
under 3031-4041-50Over 50Dr.Master
Bache-lor
Asso-ciateDegree
BelowAssociateDegree
Shanghai New MaterialsOther SubsidiariesOver 10 yrs3-5 yrsunder 3 yrs5-10 yrs
Management PathProfessional PathFinanceManag-
ement
R&DDirectProduction
Sales
Employee Career Development Plan
Employee Training System
We focus on employee capability development and career advancement, adhering to theprinciples of "continuous innovation and pragmatic approach." We optimize talent developmentmechanisms, improve talent echelon construction, create a favorable environment for talentgrowth, and inject a driving force for the company's sustainable development.We emphasize building a scientific employee training system, conducting training needs analysisbased on company development, job requirements, corporate culture, and personal career goals,and developing annual training plans accordingly.
Training Sessions:
1042
Total Training Hours:
Training Participants:
Training Costs:
1089.4h 20,525 ?657370
Key Performance
2023
New Employee TrainingLeadership TrainingOccupational Skills TrainingWe arrange orientationtraining, "New Star"classes, and probationarytraining for newemployees, combiningonline and offline methods.Training covers practicaloperations.
We conduct leadershiptraining to expand thestrategic thinking of middle-level and senior managementand enhance their leadershipskills, enriching the reserve ofhigh-level talents.
We offer practical trainingand technical skills trainingfor special roles to helptechnical personnel improvetheir expertise, promotingteam construction inspecialized fields.
HIUV 2023 ESG Report
Employee Career Development Plan
Leadership Training
In 2023, HIUV launched a leadership trainingprogram themed the "Lingxiang Plan." The trainingcovered four key areas: information system forenterprise management, closed-loop managementfrom goals to results, building a learning team, andestablishing organizational systems andmechanisms. After the training, participatingmanagers engaged in discussions and brainstormingsessions on "how to enhance leadership and teammanagement skills," aiming to apply the trainingcontent to real-world management practices.
New Employee Training
To build a high-performance team and nurture core talents, we regularly conduct leadershiptraining for employees. This includes empowerment, project-based learning, and one-on-onecoaching to help employees develop leadership skills and prepare them for management andleadership roles within the team.
? Examples
We prioritize new employee training by designing various courses to familiarize them withcompany rules, corporate culture, and basic knowledge of safety, 5S, and quality, helping themunderstand and master job skills. Training accelerates their integration and role transition, with a100% coverage rate.
? "Lingxiang Plan" Leadership Training
HIUV 2023 ESG Report
Skills Training for EmployeesEmployee Career Development Plan
SOP Video Project
Mentorship ProgramThrough a mentorship approach, we harness employees' intrinsicmotivation and potential, facilitating a swift enhancement in skilllevels and their transition from skilled workers to highly skilledprofessionals.
Functional Team Empowerment ProjectWe conduct online video lessons and offline activities,fostering integration and mutual growth of functional teams ingroup and bases, and building stronger collaborativerelationships.
By standardizing production processes and guidelines throughSOP videos, we help employees better understand operationalrequirements, thus shortening training periods and reducingchances of making mistakes.
This training strengthens corporateculture and team cohesion, helps alleviateemployees’ stress, and maximizesindividual potential. It motivates the teamto work with greater enthusiasm andinnovation, empowering the teams withstronger cohesion and motivation.
To meet diverse and comprehensive learning needs, we tailor “Compulsory Courses” to enableemployees to quickly grasp necessary knowledge, fostering skill development and enhancing theircompetitiveness.
Outdoor Team Building Traning
HIUV 2023 ESG Report
上海海优威新材料股份有限公司2023年环境、社会及治理报告Occupational Health and Safety
Employee health and safety are fundamental to the stable operation and business activities of thecompany. We prioritize employees' safety and occupational health, adhering to the principle of"life above all else." We comply with laws and regulations such as the “Law of the People'sRepublic of China on Work Safety” and the “Law of the People’s Republic of China onPrevention and Control of Occupational Diseases.” We have established and completedoccupational health and safety management systems, strictly implementing various safetymeasures to enhance our safety production capabilities and ensure the well-being of everyemployee.
We enforce the main responsibility for safety production, enhance riskprevention, and focus on safety standardization and basic safetyconstruction. We strive to improve the efficiency of hierarchical,professional, standardized, and digital safety management, creating asafe and stable environment for the company’s reform and development.
Strict Assessment and Accountability
We prioritize employees' physical health by offering regular medicalcheck-ups and health consultation services each year. These initiativeshelp employees monitor their health and implement effectiveinterventions to prevent occupational diseases, thereby increasing theirsense of belonging and recognition within the company.
Occupational Disease Prevention
The company’s safety framework is primarily based on theidentification of hazards and risk assessments. Building on these results,we have developed comprehensive mechanisms, measures, and plans toprevent various risks and hazards. We also conduct regular safetyeducation and training for employees to reinforce our commitment to"Safety First, Prevention Foremost."
Safety Culture Training
Occupational Health and Safety Measures
HIUV 2023 ESG Report
Our EHS (Environmental, Health, and Safety)officers continue to expand their professionalknowledge through exchange learning,continuously enhancing the internal managementof safety practices.
? Example? Safety Training
Occupational Health and Safety
We proactively manage employees' mentalhealth and offer common medicines forillnesses such as colds, coughs, various pains,and minor injuries.We also provide transportation accidentinsurance, critical illness insurance, and otherforms of insurance for employees.
? Health and Safety Assurance
We conduct employee safety education, firesafety training, and fire drills regularly.
HIUV 2023 ESG Report
Employee Benefits
? Employee Stock Ownership Plan
Improving Employee BenefitsThe company continuously improves its employee benefits management system, fostering apositive atmosphere that attracts and retains talents, and boosts employee happiness. Benefitsinclude statutory benefits, universal benefits, position-based benefits, and incentive benefits, suchas the five social insurances and housing fund, household registration and housing support,employee training and development, and mentorship programs, helping employees achieve lifegoals like home purchasing.The company has established a long-term benefits system to attract, motivate, and retain coretechnical talents, arousing employee initiative and creativity, enhancing their cohesion andcompany core competitiveness for sustainable and healthy development of the company.
We are committed to "people-centered"principle, consistently focusing on the promiseand practice of employee benefits. Thecompany provides fully-equipped dormitoriesfor employees at each plant to better meet theiraccommodation needs, enhancing their senseof belonging and satisfaction, and improvingtheir quality of life.
? Employee Dormitory
? Example
Since 2021, the company has implemented anemployee stock ownership plan for threephases in consecutive three years, transferringa total of 26.359 million shares to 199incentive recipients, with the vested sharesbeing unlocked and distributed in 2023.
26.359 million shares
199 incentive
recipients
HIUV 2023 ESG Report
Employee Benefits
Annual Party
Badminton Game
? Rich Cultural Life for Employees
Party Building Activity
New Year Kickoff Event
Women’s Day Event
Employee Birthday Parties
HIUV 2023 ESG Report
Social Responsibility
Complying with the principle of "adapting to local conditions," HIUV has established a localhiring policy: except for positions requiring specialized skills not available locally or technicalstaffs in limited supply, most roles are filled by local candidates, actively promoting localemployment development.
Promoting Local Employment
? Relay of Love: Aid for A Sick ChildIn November 2023, HIUV's Shanghai headquarterslaunched a fundraising campaign for a childsuffering from chronic granulomatous disease inShangrao, Jiangxi Province, raising a total of ￥52,503. The funds were fully donated to the child'sfamily to alleviate their financial burden.
HIUV carries a strong sense of mission and responsibility. While generating profits and fulfillinglegal responsibilities to shareholders and employees, HIUV also bears responsibilities towardconsumers, communities, and the environment. The company emphasizes the value of humanwell-being during production, contributing to the environment, consumers, and society. Itactively fulfills its corporate social responsibility, contributing to the healthy development ofsociety.
On August 1, 2023, HIUV’s Taizhou plant donatedsummer cooling drinks and solatium of ￥22,000 intotal to the Taizhou Fire Brigade and Squadron whohave long served on the frontlines of firefighting,extending heartfelt greetings of Army Day to them.
? Patriotic Support for the Military: Warmth to Firefighters
? ExampleOrganizing Public Welfare Activities
HIUV 2023 ESG Report
上海海优威新材料股份有限公司2023年环境、社会及治理报告Feedback Form
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Thank you for taking the time to read the "HIUV 2023 Environmental, Social, and GovernanceReport." We understand that there may be imperfections or omissions in the report. We sincerelyappreciate your valuable feedback to help us continually improve our reports.
Contact InformationShanghai HIUV New Materials Co., Ltd.Address: Room 909, Building 1A, No. 3000 Longdong Avenue, Pilot Free Trade Zone, Shanghai 201203, ChinaTel: 021-58964211Email: hiuv@hiuv.net
HIUV 2023 ESG Report