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Adhere to the green concept toensure environmental friendlydevelopment
Green and clean productionIntegration into the circular economy
Strengthen the foundation ofgovernance to secure sustainableoperation and development
Sound corporate governanceCompliant and ethical operationsGuarantee employee rights and interests
Conduct an overall layoutto build a green and low-carbon industrial chain
Shoulder the mission of the times inpursuit of global development
Green and low-carbon productsRespond to climate changePromote people's well-being
Guide progress of the industry toenhance overall value for win-winresults
Improve service qualitySustainable supply chain
About this reportChairman's speechAbout Sinoma InternationalSustainable development management
OutlookESG key performanceIndicator indexesFeedback form
Contents
Solidify the foundation for
our sustainabledevelopment
Support the sustainability of theindustry, society and global
community
2024 Environmental, Social, and Governance Report
Reference standardsUN Sustainable Development Goals 2030 (SDGs)Sustainability Reporting Standards of Global Reporting InitiativeGuidelines on Corporate Social Responsibility Reporting for Chinese Enterprises (CASS-ESG 6.0) issued by the ChineseAcademy of Social SciencesReference Indicator System for the ESG Special Report of Listed Companies Controlled by Central Enterprises issuedby the State-owned Assets Supervision and Administration Commission (SASAC) of the State CouncilGuidelines No. 14 of the Shanghai Stock Exchange for Self-regulation of Listed Companies — Sustainability Report(Trial)Recommendations of the Task Force on Climate-related Financial Disclosures (“TCFD”)
About this report
Reporting entity
The reporting entity is Sinoma International Engineering Co., Ltd. (stock code: 600970) and its affiliated enterprises. Inthis report, for ease of expression and reading, “Sinoma International Engineering Co., Ltd.” is abbreviated by“Sinoma International”, “the Company”, and “we”, and “China National Building Material Group Co., Ltd.” isrepresented by “the Group".Reporting scopeThe scope of this report is consistent with the scope of the annual financial disclosure. Unless otherwise stated, thisreport covers the environmental, social, and governance performance of Sinoma International Engineering Co., Ltd.and its affiliated enterprises during the period from January 1 to December 31, 2024. Given the continuity andcomparability, certain contents of this report may be extended as necessary.
Information sources
The information and data in the report are derived from the Company's official documents or internal statistics. Thehistorical data cited is final statistical data. In case of any discrepancy between the financial data and the annualreport, the annual report shall prevail. Unless otherwise stated, all amounts of currency involved in this report aredenominated in Renminbi (“RMB”).Reporting language
This report is published in both Chinese and English. In case of any inconsistency between the Chinese and Englishversions, the Chinese version shall prevail.
We use "green intelligence" as our brush, we sketch themagnificent landscape of "lush mountains and splendidrivers, striving for perfection.With the mission of "promoting green and intelligentdevelopment and serving a better world" in mind, SinomaInternational takes "high-end, intelligent, and green" as thedevelopment direction, and strives unremittingly toachieve the ambitious goal of "world-class service providerin the material industry". In 2024, we successfully launchedthe world's first demonstration application of cementoxygen-fuel combustion coupled with carbon capturetechnology. The pilot test of new low-carbon cementequipment completed pilot production, and the productsystem of intelligent factories achieved comprehensiveimplementation. A batch of green low-carbon, solid wasterecycling, large-scale alternative fuel technologyequipment was applied in overseas projects such as Egypt,Saudi Arabia, and Poland. Driven by innovation and guidedby green principles, we contribute more wisdom andstrength to the sustainable development of the globalmaterials industry.We have vigorously built new businesses, new models, andnew driving forces, and actively created comprehensivesolutions for overseas strategic mineral resources. We haveshaped a green energy, alternative fuel business systemand specialized brand with outstanding advantages andfocused capabilities, providing deep services for the globalindustries. Relying on "green factories" and "green mines",we have promoted efficient use of resources and recyclingof waste. Our operation service contract increased by 27%year-on-year. We have successfully established a newbatch of world-leading green and intelligent demonstrationfactories in Ethiopia, the Philippines, and Dominica,embodying the principle that 'lucid waters and lushmountains are invaluable assets.
We use "corporate responsibility" as our ink to paint aharmonious tableau of "symbiosis and mutualflourishing, with hearts and minds interconnected."
Sinoma International has always adhered to a people-oriented approach, continuously strengthening teambuilding and fostering a culture of collaboration andinnovation. We have continued to improve the assessmentmechanism, and deepened the reform of the threeinstitutional systems, improved the market-based selectionand employment and incentive and constraintmechanisms, and successfully won the approval of theGroup's first scientific and technological achievementstransformation incentives. The Group's cash-based
medium- and long-term incentive tools were applied in allscenarios, and a variety of incentive tools were flexiblyapplied according to the enterprise's policy, which stronglystimulated the Company's development momentum, sothat strivers can share the fruits of development and doerscan win the future.As one of the first central enterprises to expand overseas,Sinoma International has consistently led the way inimplementing "The Belt and Road Initiative" withdetermination, contributing to the vision of a shared futurefor mankind. We build our business on a foundation ofresponsibility and cooperation, fostering growth andopportunity across diverse regions. From participating ininfrastructure construction to dedicating ourselves topublic welfare and charity, from supporting communityservices to promoting education development, wedemonstrate our commitment through actions, touchhearts with sincerity, and ensure that communities alongthe routes share in the benefits of development. We haveovercome challenges and celebrated successes, makingour overseas journey a remarkable story of perseveranceand achievement. Countless Sinoma International peoplehave worked hard on foreign lands, and engraved theiryouth in the magnificent picture of overseas business. Fromthe vast Gobi Desert to the lofty plateau, from the shores ofthe Red Sea to the countries of the Thousand Islands, wehave built a bridge of cultural blending with practicalactions, and established closer people-to-people ties withdedication and commitment.Looking back, we have overcome countless challenges;looking ahead, we see a future full of opportunities andgrowth.
As we look forward to 2025, we will move forward together,driven by green development, innovation, and a strongsense of responsibility. We will collaborate to establish aleading example for the industry, charting a clear andactionable path for sustainable development. We willcontribute Chinese wisdom to global green development,playing a key role in advancing sustainable socialdevelopment.
Chairman's speech
2024 is a key year for fully implementing the spirit of the20th National Congress and the third plenary session of the20th Central Committee of the Communist Party of China,and achieving the goals and tasks of the 14th Five-YearPlan. 2024 is also an important year for SinomaInternational to make steady progress and achieve successin difficulties.In this year, we held high the banner, united our spirits andsouls, achieved remarkable results in reform andinnovation, propelling high-quality development to a newlevel. The newly signed contracts for the year amounted toRMB 63.4 billion, setting a new record; the newly signedoverseas contracts amounted to RMB 36.2 billion, with ayear-on-year increase of 9%, and the operating indicators,such as operating income and total profit, maintainedgrowth against the trend. In this year, we worked hard andlived up to our mission. We achieved a good result in thelist of ENR's "Top 250 International Contractors", ranking43rd among global companies and 10th among Chinesecompanies, won the "Gold Prize of Round Table" of theboard of directors of Chinese listed companies for 11 times.We were selected into the 18th "Growth 100 of ChineseListed Companies", and was awarded as a Chinesebuilding materials engineering brand enterprise. In thisyear, we successfully held the 2nd Sinoma Cement Green &Intelligence Summit with significant transformation andupgrading. Its global brand influence has further increased;and the establishment of overseas service centers in SaudiArabia and Indonesia have been accelerated. The orders ofoverseas and non-cement projects have increasedsignificantly, enhancing the overseas layout. With solid andsubstantial performance and results, we have delivered anexcellent performance report to the owners, shareholders,investors and employees.
Chairman, Sinoma International
Pioneering a new chapter for theenterprise through sustainabledevelopment, serving a betterworld with green intelligence.
About Sinoma InternationalCompany profileSinoma International Engineering Co., Ltd. (hereinafter referred to as 'Sinoma International') is a key enterprise in theengineering, technical, and service sectors, as well as in international business. It operates under the China NationalBuilding Material Group Co., Ltd., a Fortune Global 500 company. It is also the world's leading service provider forcement technology, equipment and engineering system integration, a national technological innovationdemonstration enterprise, a single champion demonstration enterprise in the manufacturing industry, ademonstration enterprise for national intellectual property, and a winner of the China Grand Awards for Industry.In 2001, Sinoma International was established by integrating high-quality assets of the national cement technologyand equipment engineering business. In 2005, it was listed on the Shanghai Stock Exchange (600970.SH). Throughtechnology import, assimilation, and independent innovation, the Company has successively developed and built aseries of production lines ranging from China's first 1,000 tpd production line to the world's largest 14,000 tpdproduction line, and made major breakthroughs that enabled China's transformation from an importer of completesets of key equipment to full localization and then to an exporter of complete sets, thus making great contributions toChina's infrastructure construction and economic development. The company offers a complete industrial chain andsystem solutions, covering mining services, cement engineering R&D, design, equipment manufacturing,construction, installation, commissioning, and production line maintenance and operation management. It is theonly enterprise in the international cement technology and equipment engineering market with a fully integratedindustrial chain.Sinoma International relies on internationally leading technologies for new dry-process cement production lines,backed by independent intellectual property rights. Leveraging its comprehensive industrial chain resources—spanning cement technology, equipment, engineering, and services—the company promotes the global export ofChinese products, technologies, standards, and capital through international engineering projects. It has contracted351 cement production lines in 91 countries around the world, maintaining the world's No.1 market share for 17consecutive years. It has also been repeatedly honored with prestigious awards, including the Luban Award for ChinaConstruction Engineering and the Gold Award for National High-Quality Engineering. It ranked 43rd among ENR's"Top 250 International Contractors" in 2024, and ranked 10th among Chinese companies on the list. The brand"SINOMA" has become one of the most influential brands in the international building materials and engineeringmarket.Today, Sinoma International has evolved into a global enterprise with core strengths in scientific and technologicalinnovation, core equipment, engineering integration, digital intelligence, and global operations. With steadyimprovement in operation quality and prominent advantages in its corporate value, the Company is moving steadilytowards its mission of "promoting green and intelligent development and serving a better world" as well as its visionof becoming a “world-class service provider in the material industry”.
Mission and Vision
46.127
billionOperationrevenue RMB
63.4
billionNewly signedcontract RMB
2.983 billion
Net profitattributable to parentcompany RMB
59.7 billion
Effective contractamountaccomplished RMBMain business indicators in 2024
Development positioning
Corporate
MissionPromote green and intelligentdevelopment and serve a better world
Corporate
Vision
World-class service provider in the
material industry
One coreEngineering technical services(Cement, mining environmentalprotection, green energy related
diversification)
The 14thFive-YearPlandevelopmentstrategiesDevelop three
industriessimultaneouslyOptimize and strengthen leading
businessStrengthen and expand localized
operationsCultivate breakthroughs on the
second track
two drivesDigital Intelligence
+High-end equipment
Four management
principlesFive core capabilitiesFive support systems
GroupPositioningLeader in technologicalinnovation;promoter of green intelligence;builder of global developmentIndustryPositioning
Main force of high-end, intelligent andgreen transformation;pioneer of internationalizeddevelopment;bellwether of world-class enterprises
Main business segments
As of 31 December 2024, the main business segments and affiliated enterprises are as follows:
Engineering technical services
Cement and mine engineering, greenenergy environmental engineering and
diversified engineering
High-end equipment manufacturingResearch and development, design, processing andmanufacturing, technical services, etc. of cementtechnical equipment, mining crushing and materialprocessing equipment
Production operation and
maintenance servicesOperation and maintenance services ofcement production lines, mining
operation and maintenance services,digital intelligent services, green energy
and environmental protection services
Other business
Project logistics, aggregate sales, localized productsales
The Company'smain business
operations
include:
Note: The environmental and social data disclosed in this report are the sum of the data of the Company and its subsidiary enterprises, irrespective
of the Company's share of equity.
Market distribution
420+ billion
AccumulatedContract overseas
100+
Overseasinstitutions
2,356
Overseasemployees
Countries
Cementproduction lines
17 years
Stably ranking No.1
in the world
Business segmentAffiliated enterprise
Sinoma International(Nanjing) EngineeringCo., Ltd.
Chengdu Design andResearch Institute ofBuilding MaterialsIndustry Co., Ltd
CBMIConstructionCo., Ltd.
Beijing TriumphInternationalEngineering Co., Ltd.Sinoma (Suzhou)Construction Co., Ltd.
Sinoma (Handan)Construction Co., Ltd.
Sinoma (Zhejiang) Engineering Design &Research Institute Co., LtdEngineeringsegment
Equipment segment
Equipment Group (Tianjin Cement Industry Design & Research Institute Co., Ltd., Hefei CementResearch & Design Institute Co., Ltd., Zhejiang Boyu M&E Industry Co., Ltd., HAZEMAG & EPR GMBH)Mining segmentSinoma Mining Construction Co., Ltd.Operation andmaintenance services
CNBM Smart Industry Technology Co., Ltd.Digital intelligenceSinoma International Intelligent Technology Co., Ltd.Green energy andenvironmentalengineering
Sinoma Overseas
Development Co., Ltd.
Sinoma InternationalEnvironmental Engineering Co., Ltd.
Sinoma International WaterTechnology (Hefei) Co., Ltd.
Trade logistics
Sinoma Technology Services (Beijing) Co., Ltd.Sinoma International Ningrui Co., Ltd.
2024, Sinoma International alwaysadheres to the sustainabledevelopment strategy and isrecognized by domestic and foreign
governments and institutions in
various aspects.
Comprehensive Award
Honors &Awards
ENR's 2024 "Top 250 International Contractors"43rd among global companies and 10th among Chinese companies on the list
Top 100 High-Growth
Listed Companies in China
Top 100 Listed Companies in China by Health Index
China's Enterprise in Reform and Development2 Outstanding Achievements of the
First Prize
Management Innovation In Building Materials
EnterprisesFirst prize of 3 typical cases
No.2in China's "Overseas EPC Turnover of Survey and Design Enterprises"No.7 in China's "EPC Turnover of Survey and Design Enterprises" in 2024
China's State-owned Enterprises in Deepening
Reform and Practice1 Outstanding AchievementDouble Hundred Assessment of the SASAC Outstanding Enterprises
China Construction Building Materials Engineering
Brand Enterprise
Golden Bull Award"Award of the Most Investment Value"
ESG Award
"ESG Growth 100 Index of Central Enterprises"
The 2nd Easy Board ESG+8 "Value 100" List
AA in Wind ESG Rating
AA- in China Chengxin Green Finance’s
ESG Rating
Finance Association Zhiyuan Award"ESG Pioneer Award"
ESG Golden Bull AwardTop 100
ESG Golden Bull Awards Top 50 Central
Enterprises
1112
Top 10 ESG Highlights of 2024
a
a
a
a
a
a
a
a
a
a
Unveiled the world's first cement Oxyfuel-CCUS Technology
released the groundbreaking cement oxyfuel coupled carbon capture technology at the 2024 BuildingMaterial Industry conference, which won World Cement Association (WCA) 2024 Climate ActionTechnology and Engineering Award.
Green and low-carbon projects in the European market have flourished across multipleareas, driving the new trend in green developmentwith the successive implementation of green and low-carbon projects in France, Poland, Belgium, theCzech Republic etc., Sinoma International leads Chinese enterprises in European cement industry'sgreen transition, with "green" contracts representing 92% of total projects.
Released “1234” Sustainable Development Strategycharting the Company's sustainable development journey with focuses on two key pillars –“solidifying the foundation for sustainable development” and “supporting the sustainability of theindustry, society, and global community”.
High-end Intelligent Equipment Park Official Launch of Operations
Introducing high-end cement equipment that has won the "Single Champion", CCTV's "Big CountryHeavy Equipment" and the National Science and Technology Progress Award, and creating aleading domestic and international first-class intellectual manufacturing industrial park.
Formulated Carbon Peak & Neutrality Implementation Planthe Company clarified the timetable and roadmap for carbon peaking and carbon neutrality, launched"Dual Carbon" platform, and expanded the scope of carbon inventory to overseas operations, thusrealizing the full coverage of all subsidiaries.
Hosted the 2nd Cement Green & Intelligence Summitheld in Nanjing, the summit convened 400+ industry leaders and experts from 34 nations toexchange insights on green decarbonization and intelligent transformation, fostering collaborationfor sustainable industry evolution.
Established Integrity Culture Framework
promoting the principle of “Delivering Performance within the Boundaries of Integrity”, theinitiative introduced the brand of “Uprightness as Foundation of Long-lasting Excellence” andadopted the vision of “Integrity Nurtures Harmony and Enterprise Vitality”.
The Company's Board of Directors won several governance awards
the 19th Gold Prize of Round Table - Best Board of Directors, and Best Practice Cases of Boards ofDirectors of Listed Companies.
Bestowed with dual honors, the Company is delighted to have been awarded twoprestigious accolades for employee care
Sinoma International Intelligent Technology was jointly awarded "2023 China's Best Employer ofthe Year " by the Social Survey Research Centre of Peking University and Zhaopin.com, while thetrade union of Sinoma Mine Xi'an Company was honored as the "National Model Workers' Home."
Won "National Green Factory" TitleZhejiang Boyu M&E Industry Co., Ltd.., a subsidiary of CNBM Equipment Group, won the title of"National Green Factory" announced by the Ministry of Industry and Information Technology.
Sustainable development managementSustainability strategiesSinoma International has formulated the "1324" sustainability strategy. Internally, the Company builds amodernized corporate governance structure, adheres to compliant and clean operation, and strives to protect rightsand interests of employees. By maintaining production and operation in a clean, green, and recyclable manner,Sinoma International aims tosolidify the foundation of its sustainable development.
Externally, Sinoma International continuously improves the quality of its services, builds a sustainable supply chain,seizes clean technological opportunities, seeks for breakthroughs in the innovation of green and low-carbonproducts and services, and actively responds to climate change, thus building a community with a shared future formankind thatcontributes to the sustainability of the industry, the society and theglobal community.
Guided by “one core, three values, two main lines and four goals”, the Company establishes a
standardized and transparent governance system, creates an honest and clean business environment, builds adynamic and capable talent team, and promotes the healthy and sustainable development of the Company. TheCompany constructs a clean and environmentally friendly production mode, promotes a low-consumption andrecycling operational model, maintains a healthy and harmonious ecological environment, and drives the green andsustainable development of the Company. The Company breaks through innovative and advanced technologicalcapabilities, leads the intelligent and high-end industrial upgrading, strengthens the partnership for co-constructionand win-win outcomes, and enables the sustainable development of the industrial chain. The Company providesgreen and low-carbon solutions, cultivates the ability to respond to global climate change, practices the "Belt andRoad" initiative of consultation, co-construction, and sharing, promotes the deep integration of global technology,talent, and culture, and contributes to the harmonious and sustainable development of the world.
ESG governance structure
Sinoma International has established an ESG management system under the responsibility of the Board of Directors.The system, led by the management and initiated by the responsible departments, requires cross-departmentalcollaboration and involvement from entities at all levels.
The Board of Directors is the highest decision-making body for the Company's ESG efforts, being
responsible for comprehensively guiding the Company's sustainable development strategy and overseeing,supervising, deliberating, and approving significant ESG-related matters such as the Company's ESG strategy andannual ESG report.The Strategy, Investment and ESG Committee is set under the Board of
Directors, and responsible for researching and formulating the Company's overall objective and implementationstrategies for ESG management, assessing and identifying the Company's ESG risks and opportunities, andevaluating, prioritizing and managing important ESG-related matters (including waste management and pollutantemission, climate changes, employee safety and health, labor management, business ethics, etc.), and reportingsignificant matters regarding ESG work to the Board of Directors on a regular basis.The Company clarifies the ESG management responsibilities of the leading department and each functionalmanagement department, while establishing and improving ESG management norms and processes. Meanwhile, theCompany statistically analyzes ESG-related information and data, organizes and carries out ESG practice activities,implements specific objectives and action plans set up by the Company in ESG management, and establisheseffective communication with ESG stakeholders. Affiliated enterprises clearly define the ESG main responsibledepartment, to carry out various forms of responsibility fulfillment practices in accordance with local conditionsunder the unified planning of the Company.
1314
Board of DirectorsStrategy, Investment and ESG CommitteeESG Leading Department + Corporate
Management Department
Affiliated Enterprises
In accordance with the Company's development strategy and annual budget, the Company has clarified theannual business objectives, and the objectives are decomposed and implemented at the three levels of theCompany's managers, affiliated enterprises and headquarters departments. The Company has required thesigning of the Business Performance Accountability Letter for 2024 and included ESG-related content inassessment indicators, covering safety, environmental protection, energy conservation and consumptionreduction, “Dual Carbon”, integrity, privacy protection, staff development, disclosure of ESG informationand ESG rating. The “Energy saving and ecological environment protection” indicator accounts for7% ofthe Company's performance, the general manager's performance and the affiliated enterprises' performance,and the performance evaluation of manager level of the Company and affiliated enterprises are both relevantto this indicator.
Relate remuneration of management to ESG performance
Communication with stakeholdersSinoma International has identified key stakeholders related to our operations and maintain smooth and efficientcommunication with them. At the same time, we actively understand and respond to stakeholders' expectations anddemands, involving them in the ESG decision-making process.
1516
Key stakeholdersPrimary communication
channels
Expectations and appealsCommunication and response
Governments andregulatoryauthorities
?ESG materialityassessmentquestionnaires
?Phones/Emails?Conferences and
conversations
?Implement national
policies?Compliant operations bylaw
?Support regional
development
?Continuously strengthen compliance
management?Participate in government relatedmeetings and cooperation?Respond to relevant national policies
Shareholders/Investors
?Pressreleases/Announcements?ESG materialityassessment questionnaire?Annual/Interimperformance briefingmeeting
?Shareholders' meetings?Investor conferences
?Create market values?Control the operation risk?Strengthen informationdisclosure?Develop green
technologies
?Protect the ecologicalenvironment
?Continuously create business
performance?Improve corporate governance and risk
management
?Periodically publish reports and
promptly disclose information?Hold shareholders' meetings to
strengthen investor relationship
management?Strengthen technological R&D for low-
carbon industry development?Adhere to green production and
construction
Directors,supervisors and
seniormanagement
?Board meetings?Shareholders' meetings?Employeemeetings/seminars?ESG materialityassessmentquestionnaires
?High-quality service?Compliant operations bylaw?Intensify innovation efforts?Strengthen informationdisclosure
?Lean product quality?Establish and improve customer servicesystem?Continuously strengthen compliance
management?Strengthen technological R&D?Periodically publish reports andpromptly disclose information
Employees
?Employeemeetings/seminars
?Employee performanceappraisal interviews?On-site investigation?Employee activities
?Remuneration and welfare
guarantee?Employee growth anddevelopment?Occupational health and
safety?Employee care?Democratic management
?Develop a competitive salary systemand welfare guarantee mechanism?Organize employee training, improvethe promotion mechanism, and buildthe development platform?Improve working conditions and care for
employees in difficulties?Carry out employee activities andstrengthen employee communication
Key stakeholdersPrimary communication
channels
Expectations and appealsCommunication and response
Clients
?Phones/Emails?Conferences andconversations?ESG materiality assessmentquestionnaires
?Ensure product quality?High-quality service?Protect customer rights andinterests
?Develop green technologies?Response to climate changes
?Ensure product quality?Improve client service system?Strengthen technological R&D forlow-carbon industry development?Adhere to green production and
construction
Suppliers/Contractors
?Procurement bidding notice?Inspection and supervision?Supplier/Contractor
conferences?Phones/Emails?Conferences andconversations?ESG materiality assessmentquestionnaires
?Practice fair competition?Strengthen strategiccooperation?Promote industrydevelopment
?Implement sunshine
procurement?Create a responsible supply chain?Participate in industryorganizations and conferences?Expand multi-partycommunication
Industry/Businesspartners
?Phones/Emails?Conferences and
conversations?ESG materiality assessmentquestionnaires
?Practice fair competition?Strengthen strategic co-operation
?Develope Green Technology?Promote industrydevelopment
?Response to climate change
?Maintain a healthy marketecosystem?Participate in industryorganizations and conferences
?Expand multi-partycommunication
?Strengthen technological R&D for
low-carbon industry development
Communitymembers/Publicwelfareorganizations
?Phones/Emails?Conferences and
conversations?ESG materiality assessmentquestionnaires
?Adhere to energy saving andemission reduction
?Protect the ecologicalenvironment?Enthusiastic in public welfare
and charity?Support community
construction
?Adhere to green production and
construction?Improve energy and resource use
efficiency and implement energy
conservation and emission
reduction
?Carry out voluntary public welfare
activities?Assist in rural revitalization?Hold enterprise open day
activitiesMedia
?Pressreleases/Announcements?Media interview?ESG materiality assessmentquestionnaires
?Maintain good relationships?Establish positive interaction
?Expand publicity channels?Invite stakeholders to visit?Communicate with NGOs
Materiality assessmentSinoma International integrates the materiality assessment into the overall risk management process of theCompany. In order to identify the ESG issues of most concern to the Company's major stakeholders, during thepreparation period of this report, the Company, in combination with the requirements of the Reference IndicatorSystem for the ESG Special Report of Listed Companies Controlled by Central Enterprises, Guidelines No. 14 of theShanghai Stock Exchange for Self-regulation of Listed Companies — Sustainable Development Report (Trial), TCFDrecommendations, has actively understood and responded to stakeholders' concerns about ESG issues throughquestionnaires, review and summary, exchange meetings and other means, to assess the materiality of the issues,and has taken it as an important reference for defining the scope and boundary of issue disclosure.
Procedures of identification and materiality assessment of issues
Update and screen a comprehensive list of potential ESG material issues
Identify ESG issues that are most relevant to the Company
Conduct stakeholder surveys through questionnaires
Identify material issues by creating materiality matrix based on survey results
Review and confirm the identification results of material issues by Board of Directors
1718
Materiality to operational development of the CompanyLowHigh
High
Materiality to external stakeholders
Ⅲ- 2
Ⅲ- 3Ⅱ- 7Ⅱ- 1Ⅱ- 5Ⅰ- 6Ⅱ- 3
Ⅱ- 4
Ⅱ- 8
Ⅱ- 6
Ⅱ- 2
Ⅲ- 1
Ⅰ- 2Ⅰ- 3
Ⅰ- 4Ⅰ- 8
Ⅰ- 1
Ⅲ- 4
Ⅰ- 5
Ⅰ- 7
EnvironmentalSocialGovernanceⅠ- 1 Emission managementⅡ- 1 Human resource managementⅢ- 1 Anti-corruptionⅠ- 2 Waste management
Ⅱ- 2 Occupational health and safety ofemployees
Ⅲ- 2 Anti-unfaircompetition
Ⅰ- 3 3 Greenhouse gas emissions andmanagement
Ⅱ- 3 Career development and training ofemployees
Ⅲ- 3 Legal complianceⅠ- 4 Energy usage and efficiencyⅡ- 4 Child and forced labor
Ⅲ- 4 Enterprise
information disclosureⅠ- 5 Development of greentechnologies
Ⅱ- 5 Environmental and social risks of thesupply chainⅠ- 6 Water usage and efficiencyⅡ- 6 Product and service qualityⅠ- 7 Protection of ecologicalenvironment and biodiversity
Ⅱ- 7 Scientific research input and innovationⅠ- 8 Response to climate changeⅡ- 8 Community investment and engagementNote: Topics marked in blue are considered important.
Conduct an overall layout to build a green and low-carbon industrial chain
2024 Environmental, Social, and Governance Report
The Company has actively carried out green mine construction, accelerated thetransition to new energy in mining equipment, actively explored pilot projects for"net-zero electric mines," and continuously pursued pathways for ecologicalrestoration and management. The concept of green mining has been integratedthroughout the entire process of mineral resource development and utilization,transforming mines into verdant landscapes and pristine waters.
Conduct an overall layout to build agreen and low-carbon industrial chainThe green concept drives transformation and marks a significant step forward in green development. Through the all-round solution of front-end scientific design, mid-range fine construction and efficient operation at the end, SinomaInternational integrates the advantageous resources of its subsidiary companies in cement, mining, equipmentmanufacturing and other business segments, in the realms of engineering construction, equipment manufacturing,operational management, and technological research and development, the principles of green and low-carbon arethoroughly implemented, has successfully built an ecological industrial chain running through the upstream anddownstream, and actively accelerates green and low-carbon transformation of the global industrial chain.
By consolidating resources, the Company has established a specializedgreen energy platform, a comprehensive business development systemencompassing five major areas has been constructed: wind and solarEPC, hybrid wind turbine towers, smart microgrids, new energydevelopment, and advanced energy storage. This platform providessolutions for the energy structure transformation and low-carbondevelopment of the cement industry and other industrial andcommercial sectors.
Other Industrial and
Commercial Users
Mining
Community
RDF ProcessingCentersThe Company has established a platform for the alternative fuel industry chain,and establish an integrated business system for the "collection, storage,production, transportation and use" of alternative fuel. The platform processesforeign hazardous waste, domestic waste, waste textiles and waste tires intoalternative fuel, and supply them to cement production lines, bringingsignificant carbon reduction benefits to the industry chain.
Domestic WasteGeneral Solid Waste
With its low-carbon technology advantages, Sinoma International isaiming to build a high-quality green factory to achieve efficientenergy saving and emission reduction. It also integrates cutting-edge 5G, big data, artificial intelligence and other technologies intotraditional industrial production to create highly intelligent, greenand efficient smart factories.
Cement Plant
1920
Green and low-carbon mining
Green energy andenvironment-friendly industry
Alternative fuelplatform
Green and smartfactory
Developing green and low-carbon technologiesThrough vigorous development of green technologies,extensive research and application of carbon reductiontechnologies, and advancements in carbon capture andutilization technologies, tackling energy-saving and carbon-reducing technologies in the key areas has been focused,including "alternative fuels," "clay calcination," and "full-oxygen combustion." These efforts have laid a solid technicalfoundation for the low-carbon transformation of the industry.
Manufacturing green low-carbon equipmentThrough the research and development of keytechnologies, it has improved product performance,promoted the application of low-carbon and ultra-low-emission technologies in the cement production process,and made breakthroughs in the research, developmentand manufacture of low-carbon equipment.
Green and low-carbon engineering and
construction
Be fully committed to "zero electricity construction",actively promote the application of clean energyequipment, rationally distribute solar new energyfacilities, construct photovoltaic power generationsystems for the supply of green electricity forconstruction, and actively promote the energy structuretransformation of cement industry chain.
Green intelligent global operationProvide cement production line operation services forcement plants in a green, intelligent and sustainablemanner, covering production line commissioning,production operation, technical support, expertconsultation, personnel training and engineeringoptimization.
Conduct an overall layout to build a green and low-carbon industrial chain
2024 Environmental, Social, and Governance Report
Green and smart factory
2122
?CNBM Smart Industry Technology Co., Ltd. achieved system-wide coverage of intelligent factory products, andprovided services for the construction of 17 digital intelligent factories throughout the year. The comprehensivesolution of the self-developed industrial internet platform was applied in 9 projects such as Shaofeng South, andthe first phase of Tongchuan "zero-employee" project was completed for delivery and acceptance.
Green and smart factory
Hunan Jinlei South 4900t/d clinker cement production line full view
?The Hunan Jinlei Southern 4900t/d Clinker Cement
Production Line, undertaken by Sinoma SmartTechnology on an EPC basis, was designed with full-process digitalization, establishing a comprehensivedigital asset library and a digital twin factory. Thishighly automated and unmanned production line isequipped with advanced facilities, including alimestone power generation belt and an unattendedpre-homogenization stockyard. Through data andmodel-driven intelligent operation andmaintenance, the production line has establishedoptimization models for production output, quality,and energy efficiency, enabling optimal productioncontrol.
CBMI Construction Co., Ltd. signed the contract for Europe's first "zero-carbon" factory—the Go4Zero project. As Holcim Group first oxygen-fuelcombustion project, the project aims to reduce CO? emissions by 30%,clinker heat consumption by 40%, and system power consumption by50%, with a fuel substitution rate of 95%. After its commissioning, theproject will reduce CO? emissions by 1.1 million tons annually. It willcontribute significantly to global climate change mitigation.
Holcim Group's oxygen-fuel combustionproject
In Belgium
CBMI Construction Co., Ltd. signed a contract for the generalcontracting project of Heidelberg Cement Mokra 3250 T/dclinker line, with a fuel substitution rate of 90% and anannual carbon reduction of approximately 280,000 tons. Theproject aims to achieve energy conservation and emissionreduction by building a modern clinker production line.
In the Czech Republic
Heidelberg Materials Mokra 3250T/dclinker line
Chengdu Design and Research Institute of Building Materials Industry Co.,Ltd. has built a WNCC cement kiln alternative fuel utilization system, with asubstitution scale of 25 t/h. The project, completed and put intooperation in December 2024, will annually reduce fossil fuel consumptionby 75,000 tons of standard coal and carbon dioxide emissions byapproximately 206,000 tons. It is expected to generate approximately
15.45 million euros in carbon emission benefits annually. This project has
significant implications and demonstration effects for improving the localenvironment and reducing cement kiln carbon emissions.
In Egypt
Modification of alternative fuelutilization system for cement kiln inEgypt
MK3 2500t/d new drycement clinker productionline
the MK3 project in France constructed by CBMI Construction Co., Ltd. has a heatsubstitution rate of more than 80%. Supported by digital and intelligentconstruction design, the project derives green, low-carbon and environmentalprotection and digital innovation into the whole life cycle management of theplant, which is the most influential cement renovation project approved indeveloped countries in Western Europe in recent years. After the project is put intooperation, it can achieve a carbon reduction of 241 kg per ton of clinker, reducingcarbon dioxide emissions by about 192,000 tons per year, and is expected togenerate an annual carbon emission reduction benefit of about EUR 20 million.
In France
Green and low-carbon mining?The Chuzhou China United Cement Corporation
(CUCC) mine constructed by Yanzhou Sinoma won
the first place in the selection of national green
mines. The mine was built with an advanced 5Gintelligent mine system, which ensures theminimization of the impact on the environmentwhile realizing efficient production in the mine.?Sinoma Mining has undertaken research projects
such as "Ecological Restoration TechnologyResearch and Demonstration Application for Minesin Arid Regions of North China" and "Key TechnologyDevelopment and Demonstration Project forReconstructing a Pollution-Reducing and Carbon-Sequestering Functional Ecosystem in theBaojianshan Mining Quarry". These projects address
48 national green mines119 provincial green mines
The Company has built a total ofChuzhou China United Cement Corporation (CUCC) green mines
challenges such as vegetation restoration in arid areas and steep slopes, effectively improving issues like severeslope disturbance and instability. By utilizing carbon sequestration technologies, Sinoma Mining is reconstructingmining ecosystems, contributing to sustainable environmental restoration.
Conduct an overall layout to build a green and low-carbon industrial chain
2024 Environmental, Social, and Governance Report
?Sinoma International Intelligent Technology Co.,Ltd.'s Holcim MAL01 project in Poland, is the largestproject of Holcim in Europe. This project implementsintelligent plant technologies, including one-clickstart and stop, and introduces large-scale alternativefuel cement kiln direct feeding technology, achievingan alternative fuel calorific value of 16-20 GJ/t and afuel calorific value replacement rate of ≥90%. Thisproject has been successfully included in the "Typical
Cases of China-EU Green and Low-carbonDevelopment Cooperation".
Developing green and low-carbon technologies
?The new generation cement roller press final
grinding technology of Equipment Group has beensuccessfully applied in the Qingsong CementGrinding Technical Transformation Project inWujiaqu, Xinjiang. This project marks the firstcommercial application of the second-generation
multi-rotor separator in China, achieving significantenergy savings. Production power consumption isreduced by about 7 kWh/t and ventilation powerconsumption is significantly reduced.
Manufacturing green low-carbon equipment
2324
?The Equipment Group has developed the key technologies and complete sets of equipment for activatedcalcination of raw materials and cement classification and grinding respectively. These innovations have reducedcarbon emission intensity for 42.5 cement production ≤ 470 kg/t, with a decrease of about 27% in carbonemission intensity compared with traditional grinding technology.?The Equipment Group has implemented energy-saving and environment-friendly transformation on the 4500 t/dcement clinker production line in Ningxia Tianyuan. The project utilizes six-stage pre-decomposition patenttechnology to optimize the burning system, reducing clinker heat consumption by 17.6%, saving 22,000 tons ofcoal annually, and reducing carbon dioxide emissions by 59,000 tons.?Sinoma International (Nanjing) Engineering Co., Ltd. has independently developed a technological for
decomposing phosphogypsum to produce sulfuric acid while co-producing cement, which has been successfullyimplemented at the world's largest production line of phosphogypsum disposal capacity in Wengfu, Guizhou.This production line reduces annual stockpiling land use by 30 hectares, decreases limestone mining by 800,000tons, and cuts CO
emissions from limestone by 300,000 tons. It marks a significant breakthrough in thecompany's comprehensive exploration of green utilization of industrial by-product phosphogypsum, providingstrong impetus for related phosphorus chemical enterprises both domestically and internationally to constructphosphogypsum-based acid production co-generation cement production lines. This advancement vigorouslypromotes the industry's green transformation and sustainable development.
SPL Project panorama
Equipment Group's Xinjiang Wujiaqu Qingsong cement grindingsystem modification project
Phosphogypsum decomposition to sulfuric acid co-production cement plant of Guizhou Wengfu
?The China United Cement Qingzhou Co., Ltd.'s
annual 200,000-ton carbon dioxide oxygen-enriched combustion enrichment and purificationdemonstration project, contracted by theEquipment Group, stands as the largest carboncapture and utilization project in the globalcement industry within the realm of oxygen-enriched combustion coupled with carboncapture technology. This project applied the full-
oxygen combustion technology for cement kilns,which was independently developed, and achievedan increase in CO
emission concentration from 20-30% to over 80%, reduced flue gas emissions bymore than 65%, maintained a unit product captureenergy consumption of <1.6 GJ/t.CO
, and loweredoverall energy consumption by over 40% comparedto chemical absorption methods. Theseaccomplishments were featured in a special reportby the Global CCS Institute and earned the 2024
Climate Action Technology and EngineeringAward by the World Cement Association (WCA).
Climate Action Technology andEngineering Award by the World
Cement Association (WCA)
?CBMI Construction undertook the SPL Project in France for Holcim Group, delivering the group’s first-everproduction line featuring a rotary coupling system to fully replace fossil fuels with clay—achieving a 100%substitution rate and creating a "zero fossil fuel" green cement plant., produces high-quality LC3 cementthrough clay calcination, which can reduce carbon dioxide emissions by 100,000 tons per year, equivalent tocreating carbon emission reduction benefits of 8.5 million euros per year. Once again, the Company has created anew milestone in the application of low-carbon environmental protection, energy-saving and emission reductiontechnologies in the field of cement industry.
Conduct an overall layout to build a green and low-carbon industrial chain
2024 Environmental, Social, and Governance Report
Green and low-carbon engineering and construction
2526
?The intelligent service model of "Remote Maintenance System + Manufacturing Execution Platform (MEP) +Factory Intelligent System Module + Intelligent Equipment" adopted by CNBM Smart Industry Technology Co., Ltd.in the Saudi Arabia NRCC project has achieved more efficient, accurate and flexible management, and improvedthe overall energy efficiency.?The intelligent operation and maintenance platform for Iraq's DCC Cement Production Project, operated by
Sinoma (Suzhou) Construction Co., Ltd. and designed/developed by Sinoma International Intelligent TechnologyCo., Ltd., has been successfully launched. This system integrates four core functional modules: production processoptimization, quality control, equipment monitoring & failure warning, and production surveillance. Through deepintegration with the Company's digital construction platform, it establishes a "1+N+M" system architecture thatfacilitates cost reduction, efficiency enhancement, and improved consistency in cement product quality. Thismilestone marks a significant advancement in the Company's overseas intelligent production and operationcapabilities.
Green intelligent global operation
?CBMI Construction Co., Ltd.'s SC3 project in Senegalhas implemented a solar water heating system. Thissystem utilizes solar collectors to absorb solarradiation, which then powers the pump group totransport purified cold water into heat-absorbingcoated collector tubes for heating. The heated wateris circulated into an insulated hot water tank andsubsequently supplied to staff dormitories via abooster pump group, providing employees with 24-hour uninterrupted hot water.
Alternative fuel platform?By the end of 2024, Sinoma International Environmental Engineering Co., Ltd. has built 11 alternative fuel processingcenters, with an average annual production and processing capacity of 1.2 million tons. The total amount of alternativefuels sold was 402,000 tons, saving 241,200 tons of standard coal, and bringing 627,100 tons of carbon-reducingbenefits to the cement production line.?Key projects for large-scale fuel substitution:
Sinoma Overseas Development Co., Ltd.'s Saudi Arabia YAMAMAProject 1MW PV plant
Green energy and environment-friendly industry
Sinoma Overseas Development Co., Ltd. has beendeveloping a specialized platform for green energy andenvironmental protection, with five major areas: windand solar EPC, hybrid wind turbine towers, smartmicrogrids, new energy development, and advancedenergy storage, with a total construction scale of 2.3GW. This includes overseas photovoltaic projects withan installed capacity of 1.39 GW and wind powerprojects with an installed capacity of 130 MW. The
Southwest Fuyuan project
69,900 tonsSubstitute fuel usageShanya Southern Project
41%
tail coal substitution rate
CUCC Bengbu Project
Jiande Southern High-ProportionFuel Substitution DemonstrationProject (Sino-German Cooperation)
52,439 tons
Substitute fuel usage
22%total coal substitution rate39,600 tonsSubstitute fuel usage
CUCC Xuzhou Project
45%tail coal substitution rate
Hefei Southern Project
Intelligent operation and maintenance platform for Iraq's DCC Cement Production Project
?In March 2024, Sinoma Overseas Development Co., Ltd. invested 5.47 million yuan to officially connect a self-built1-megawatt photovoltaic power generation system to the grid at the YAMAMA project in Saudi Arabia. Thisphotovoltaic power station is designed to meet the temporary electricity needs of the project's constructionphase. It is expected to reduce carbon dioxide emissions by 5,100 tons over the total project cycle and save 2million yuan in construction electricity costs. This initiative marks the Company's first green construction effort ina traditional cement engineering project in Saudi Arabia.
platform is expected to generate an annual electricity output of 2.75 million MWh, resulting in an annual carbonreduction of 2.24 million tons. Fifteen new contracts were signed, with a total investment of 364 million yuan and anestimated carbon reduction of 95,764 tons; the installed capacity of the domestic smart microgrid distributed PV EPCproject was 19.27MW, with an average annual generating capacity of 17.6080 million kWh and a carbon reduction of17,555 tons.
?Sinoma Overseas CUCC Xuzhou Cement Wind-Solar-Storage Integrated Project combines photovoltaic power
generation and energy storage systems. The photovoltaic section has a total installed capacity of 11.38 MWp,while the energy storage section has a capacity of 10 MW/20 MWh. Upon completion, the project is expected togenerate 11.9964 million kWh of electricity annually, with an energy storage capacity of 7.30 million kWh. It willreduce carbon emissions by 11,344 tons each year.?Sinoma Overseas Yunnan Fuyuan Project innovatively integrates photovoltaic and wind power to achieve the goal
of zero purchased electricity for the plant. The distributed photovoltaic system has a total installed capacity of
7.2 MWp, with an expected annual power generation of 8.76 million kWh, reducing carbon emissions by 7,759 tons
annually. The wind power section plans to install wind turbines with a total capacity of 20 MW, expected togenerate 46.32 million kWh annually and reduce carbon emissions by approximately 38,200 tons each year.
Strengthen the foundation of governance to secure sustainable operation and development
2024 Environmental, Social, and Governance Report
Sound corporate governanceSinoma International continues to optimize corporate governance, standardize the governance structure, anddeepen ESG governance. These efforts are designed to robustly safeguard shareholders' rights and interests, andimprove corporate governance capabilities.
Strengthen thefoundation ofgovernance tosecure sustainableoperation anddevelopment
?Soundcorporategovernance
?Compliant
and ethicaloperations
The Company received a series of awards for
corporate governance in 2024?The 19th "Gold Prize of Round Table" Award—Best Board of Directors?The Best Practice Case of Listed Company Board Offices in 2024 and a 5A ratingof board secretary performance?The Best Practice Award of Annual Report Performance for Listed Companies
for 3 consecutive years?The Best Practice Case of the Boards of Listed Companies in 2024?2024 "SSN·Golden Quality" Company Governance Award?The first Best Practice of Investor Relations Management of Listed Companies
Standardize governance structureIn accordance with the requirements of laws, regulations, and normative documents such as the Company Law of thePeople's Republic of China, the Securities Law of the People's Republic of China, and the Code of CorporateGovernance for Listed Companies, Sinoma International has formulated a relatively complete system for listedcompanies and established a sound corporate management structure composed of shareholders' meetings, Board ofDirectors, Board of Supervisors, and management team. Under these policies and structures, clear powers andresponsibilities ensure a scientific, standardized, and efficient governance system with mutual balance. Thisgovernance approach has led to a continuous improvement in the transparency and effectiveness of corporategovernance at Sinoma International.
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?Guarantee
employee rightsand interests
Strengthen the foundation of governance to secure sustainable operation and development
Strengthen the foundation of governance to secure sustainable operation and development
2024 Environmental, Social, and Governance Report
Value creation for shareholdersIn 2024, the Company's operating performance achieved counter-cyclical growth, and its value creation capabilitiescontinued to improve, continuously enhancing market recognition and boosting investors' confidence.
In 2024, the Company held
General meetingsof shareholders
Boardmeetings
Supervisoryboard meetings
The shareholders' meeting is the highest body of power of the Company. The Company strictlycomplies with the provisions and requirements of the Rules for the Shareholders' Meeting of ListedCompanies and the Articles of Association to gather and convene shareholders' (general) meetings,to ensure that shareholders legally exercise their rights and interests, treat all shareholders equally,and provide convenience for shareholders to participate in the shareholders' (general) meetings asmuch as possible enabling them to fully exercise their rights.
Shareholders'(Generally)
Meeting
The Board of Directors of the Company consists of 9 directors, including 6 external directors, 3 ofwhom are independent directors. The chairman and the president serve separately, to ensure theBoard of Directors of the Company is highly independent. The Board of Directors has four specialcommittees, namely, the Strategy, Investment, and ESG Committee, the Audit and RiskManagement Committee, the Remuneration and Evaluation Committee, and the NominationCommittee. They have been set up to ensure that the Company's strategies are based on sounddecision-making.The Company takes into account factors such as age, educational background, professionalexperience, skills, and industry experience to ensure the diversity of the members of the Board ofDirectors.
Board ofDirectors
The Board of Supervisors independently exercises its supervisory authority, supervises the legalityand compliance of the performance of the Company's directors and senior managementpersonnel, and is accountable to all shareholders.Board ofSupervisors
Secretary of theBoard of Directors
Shareholders' meeting
Management team
Board of Supervisions
Strategy, Investment and ESG CommitteeAudit and Risk Management CommitteeRemuneration and Evaluation Committee
Nomination Committee
Board of Directors
Protect shareholders' rights and interests
Sinoma International attaches great importance to creating shareholder value, adheres to rewarding shareholders,and strengthens management of proactive investor relations, which significantly enhances the Company's image inthe capital market. In addition, the Company has established a shareholder rights and interests protectionmechanism, improved communication policies with shareholders, and timely and accurately discloses importantbusiness decisions, financial performance, social practice activities, and other corporate information to shareholders,winning the trust and support of shareholders and investors.
Smooth communication channels
Sinoma International has strengthened the management of proactive investor relations, improved investorcommunication at multiple levels, through various channels and in diverse forms, and actively communicated with alarge number of small and medium-sized shareholders, institutional analysts, researchers, and potential investors via"online + offline" platforms regarding the Company's business performance, development plans, and importantevents. Through regular performance briefings, road shows, visual video output and other investment relatedactivities, we promote direct interaction between the Company's management and investors, comprehensively andaccurately convey the Company's values, and build a virtuous cycle of business management and value growth.
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Dividend financing ratio ofmore than15 timesCumulative cash dividends exceedingRMB 6.3 billion
Since the listing, the Company has implemented cash dividends every year
Standard information disclosureSinoma International strictly complies with the Measures for the Administration of Information Disclosure by ListedCompanies, performs our management obligations for information disclosure, and ensures the authenticity,accuracy, completeness, and timeliness of information disclosure. Our information disclosure, focusing oncompliance disclosure, detail quality, content characteristics, and brand building, actively spreads the Company 'sbusiness philosophy to investors to assist them in value discovery. The Company, strictly implementing the Systemfor Registration and Management of Insiders Who Have Access to Insider Information of Listed Companies,standardizes the reporting, transmission, and confidentiality procedures for significant internal information to ensureinformation security. This helps shareholders of the Company to timely understand and grasp the Company'sbusiness dynamics, financial status, and progress of major issues, and effectively protects the legitimate rights andinterests of investors. In 2024, the Company disclosed 4 periodic reports and 70 provisional announcements withoutamendments, supplements, or written inquiries. The Company has obtainedA-level rating on information
disclosure issued by Shanghai Stock Exchange for6 consecutive years.
Strengthen the foundation of governance to secure sustainable operation and development
2024 Environmental, Social, and Governance Report
35 full-timecompliancemanagementpersonnel
had a total of
By the end of2024, theCompany andaffiliatedenterprises
Improve compliance systemSinoma International establishes and improves the compliance management system.Enterprises are required to set their own compliance management committees or legalcompliance departments, or designate a department to manage the legal complianceissues and fulfill their respective compliance responsibilities. The Company fullyimplements the "person of primary responsibility" mechanism for legal compliance, andestablishes a management system for legal construction, which is led by the person ofprimary responsibility for legal construction under the overall plan and arrangement bythe compliance management committee, and with the legal compliance departmenttaking the lead under the guidance of the general counsel. The main responsibilities areassumed by all business and functional departments, and the system runs under thesupervision of discipline inspection, audit and other departments. We make concertedefforts to promote all compliance management tasks.In addition, the Company continues to strengthen the guarantee for legal compliance byhiring more professional personnel, and keeps building the team of legal complianceprofessionals, full-time and part-time compliance management personnel.In 2024, the Company actively evaluated the effectiveness of the compliance managementsystem. First, we required enterprises at all levels to self-assess their compliancemanagement and prepared a Compliance Management Report for the Board of Directorsto review. In addition, our compliance management system was monitored, reviewed, andcertified by a third-party certification agency, to further streamline and refine ourcompliance management. Our compliance management work has been advanced indepth. The Company has successfully passed GB/T 35770-2022/ISO 37301:2021compliance management system certification and obtained the"doublecertification" certificatefor its compliance management system issued by SGS.
Enhance compliance rules
Sinoma International implements the Measures for the Compliance Management of Central Enterprises, theAdvertising Law of the People's Republic of China, the Trademark Law of the People's Republic of China and theCompliance Management Policy and the Management Guidelines for Overseas Compliance Operations of the Groupand the Company. We have also distributed copies of the Overseas Compliant Operation Manual and the DomesticCompliant Operation Manual within the Company and strictly follow the requirements of business ethics includinganti-bribery, anti-money laundering and business compliance requirements of trademark and advertisingmanagement. In response to risks in contract signing, recovery of accounts receivable, investment, merger, anddispute resolution, we have issued the Management Manual for Overseas EPC Project Legal and Contract Risks andthe Template of International Project Subcontracts, which comprehensively guide the compliance work for affiliatedenterprises.We pay close attention to regulatory changes and conduct timely compliance checks. In addition, we conduct thework of "abolishment, rectification, and initiation" of all rules and systems, and continuously improve its systems andmechanisms, thereby providing a strong guarantee for the compliance management.
Cultivate compliance culture
3231
Compliant and ethical operations
While confronting complicated and severe situations and various risks and challenges, Sinoma International adheresto bottom-line thinking and raises risk awareness. The Company has established a comprehensive risk managementand control mechanism, and strengthened internal control construction. In addition, the Company strictlyimplements compliance management into practice, and has strengthened the building of a clean and honest Partystyle and built a strong ideological defense against corruption. All these actions can provide a strong guarantee forthe sustainable and high-quality development of the Company.
Adhere to legal compliance
Sinoma International continues to strengthen the compliance system building and improve the compliancemanagement mechanism. The Company also assumes compliance management responsibilities and cultivates asound compliance culture. In addition, we follow the compliance requirements in all operational management areasand links, and integrate these requirements into the whole process of decision-making, implementation andsupervision. These efforts are a strong guarantee for the further reform and high-quality development of theCompany.
?Our employees at all levels signed a total of 7,275 copies of the Compliance Commitment throughout the year?The annual meeting for legal construction and compliance management was held, where we analyzed
achievements and deficiencies in the Company's legal construction and compliance, and set key tasks?Organized all levels of enterprises to participate in compliance training organized by the SASAC, the Group orChina National Building Material Company Limited, covering topics such as anti-monopoly compliance, overseascompliance of enterprises, enterprise intellectual property risk response, cross-border mergers and acquisitions,and independently organized a series of legal compliance trainings, publicize and implement new laws,regulations, policies and systems, with a total of83 compliance trainings carried out or participated in
throughout the year, covering10,071 person-times
?Regulatory changes and internal compliance management were promptly communicated to the senior
management and department heads through quarterly newsletters, office meetings, and special training?Violations were timely reported to the leadership for review, and accountability actions were taken appropriately
400 part-timecompliancemanagementpersonnel
In 2024
The Company carried out specialcompliance risk inspections at all levels16 times
Completed the effectiveness evaluationof the compliance system of6 enterprises
Sinoma International has deepened the culture of integrity and compliance
Strengthen the foundation of governance to secure sustainable operation and development
2024 Environmental, Social, and Governance Report
Strengthen internal controlSinoma International has established a sound internal risk control system and prepared comprehensive manuals.The Company conducts regular internal control evaluations for enterprises at all levels on an annual basis and tracksthe progress of corrective actions. We test the effectiveness of key processes and engage an audit firm for our internalcontrol. In addition, we timely disclose the internal control evaluation and auditor's reports and submit them to theBoard of Directors for approval, effectively strengthening the governance performance and promoting high-qualitydevelopment of the Company.
Deepen risk managementThe Company has established a systematic and effective risk management system, with business and functionaldepartments serving as the first line of defense for daily risk management, professional departments such as the legalcompliance department serving as the second line of defense for continuous risk monitoring, and departments suchas discipline inspection, audit, and inspection serving as the third line of defense for risk supervision, focusing onstrengthening the three lines of defense. The risk functions for the third line of defense are separate from businessand functional departments, and they report directly to the management and board of directors.Sinoma International prepares a risk management report covering the identification and assessment of significantrisks, risk management strategies and solutions annually and submits it to a specialized committee of the Board ofDirectors for consideration. In 2024, the Company identified and assessed5 significant risks at the corporate level,proposed24 risk measures, and did not experience any significant risk events throughout the year.
With a commitment to create a risk management environment to ensure thatall employees pay attention torisks,Sinoma International requires all departments to assign risk management personnel and affiliated companiesto assign risk contact persons. The Company also strengthens the risk management awareness and trainingprograms, and promotes the development of a risk-aware culture. Training related to risk management is carried outfrom time to time in the Company's enterprises. In 2024, a total of two targeted trainings were organized.
Promote fair competition
Sinoma International prohibits unfair competition and implements the Measures for Accountability of IllegalOperation and Investment and follows requirements in the Company's domestic and overseas compliance manualsregarding trade secrets protection, anti-commercial bribery, anti-monopoly, prohibition of the abuse of dominantmarket position, anti-unfair competition measures. The Company did not engage in any unfair competition includingabuse of dominant market position for the purpose of competition, confusion, commercial bribery, fake advertising,infringement of trade secrets and deceptive prize-giving sales throughout the year.
Stick to the bottom line of integrity
In strict accordance with anti-corruption policies and regulations, Sinoma International improves policies, preventionand early-warning mechanisms, supervision and discipline enforcement and other aspects under the integritymanagement systems. The Company has taken multiple measures to carry out anti-corruption cultural activities, andhas played a role in providing basic education on integrity, steadfastly advancing the construction of Party conductand anti-corruption efforts in depth, providing strong guarantees for the high-quality development of the Company.
Uphold the integrity norms
Sinoma International strictly complies with policies and regulations such as the Several Regulations on the Executivesof State-owned Enterprises for Performing Management Duties with Integrity, the Code of Integrity and Self-disciplineof the CPC, the Working Rules of the CPC Discipline Inspection Organ on Supervision and Discipline Enforcement, andthe Regulations of the CPC on Disciplinary Punishments. The Company implements the Provisions on the Prohibitionof Business Relationships with Enterprises of the Group by Relatives of Leaders of Enterprises and Persons with OtherSpecific Relationships Running Businesses of the Group and has officially issued the Sinoma International IntegrityCulture System, formulated policies, including the Opinions of the Discipline Inspection Commission on FulfillingSupervision Responsibility in the Construction of the Party Conduct and Upholding Integrity. The affiliatedenterprises are required to develop integrity risk control manuals and notices, and clarify the anti-corruptionresponsibilities and requirements.
3334
Analyses: The Company pays closeattention to and analyses the risks thatcontinue to rise in the dashboards,and creates a "Quarterly RiskMonitoring Report" that describes riskexposure, risk appetite, riskperformance, risk prevention andcontrol goals, risk prevention andcontrol measures, and newly identifiedrisks.
Enquiry: The Company incorporates risk
management into the performance appraisalindicators for executives and employees,accounting for 15% of the annual performanceappraisal of the audit department. For thedepartment in charge of risk, it is included in theannual performance appraisal indicators, and thepersonnel with special contribution to riskmanagement and control are rewarded in theform of merit assessment.
Response: The Company reviews its risk
exposures on a quarterly basis andadopts a robust risk management policybased on the assessment that its overallrisk appetite is "neutral". Theeffectiveness of business continuitymanagement plans is constantlyvalidated and improved throughquarterly dynamic risk analysis,monitoring, and management.
Closed-loop risk management mechanism
Identification: At the beginning ofeach year, the Company organizes acomprehensive risk inventory,collects risks by the main risk-responsible departments andaffiliated enterprises, andcontinuously updates the riskinformation database.
Assessment: The Company
assesses risks based on theirimpact and likelihood,categorizing them as general,significant, major, or criticalrisks, and identifying the topfive risks that require keymanagement and control.
Monitoring: The Company establishes a major risk earlywarning mechanism and promptly updates monitoringindicators. It organizes affiliated enterprises, functionaldepartments, and key projects to participate in the annualrisk dynamic monitoring and management, and eachmanagement and control unit is required to report on therisk control status and risk development trends on aquarterly basis.
?The Company provides regular and occasional risk management training to all directors by taking advantage ofcorporate governance and information disclosure training conferences and specialized training on the reform ofthe independent director system organized by the Association of Listed Companies.?The Company engaged an intermediary organization to conduct audit quality and risk prevention and controlmeasures training for internal auditors, risk control administrators and compliance administrators to furtherenhance the risk sensitivity and preventive awareness of professionals.
In 2024, the Company further strengthened, evaluated and audited the internal control, achievingfull coverage
of the internal control system at all levels, completed25 internal control compliance audits, completed 100% of
the correction of internal control deficiencies, guided the offshore organizations and newly establishedorganizations of its subsidiaries in the preparation of internal control manuals to strengthen internal controlmanagement. The Company has obtained an unqualified internal control audit report issued by the annual reviewagency for13 consecutive years.
Risk management training
Strengthen the foundation of governance to secure sustainable operation and development
2024 Environmental, Social, and Governance Report
The Company annually holds a Party conduct and integrity conferencecovering all the affiliated enterprises. In the monthly business analysismeeting, the "monthly discourse with the Secretary of DisciplineInspection Commission of the Party-on-Party Integrity Building" isspecially tailored for leading cadres and key position holders.Targeting all employees and board members, the Company compileseducational materials on anti-corruption and integrity, as well as amonthly magazine on discipline inspection. We subscribe to bookspromoting business ethics, push "Legal Knowledge" online lectures twicea week, organize the viewing of integrity education videos, and holdeducation of clean practices presenting real-life examples of impropriety.Furthermore, we conduct pre-holiday warning education sessions andinvite the Secretary of Discipline Inspection Commission to deliver Partylectures. Moreover, the Company oversees the execution of distinctiveintegrity culture awareness programs at its affiliated companies.
Build a strong defense line against corruptionSinoma International strengthens the Party conduct, and has established a punishment and corruption preventionmechanism, which is regularly maintained, to build a strong ideological defense line against corruption.
Uphold a culture of integrity and probitySinoma International integrates the enhancement of a clean and honest Party style with anti-corruption efforts, intothe overall plan for the Company's high-quality development, and carries out solid supervision and inspection workon integrity.Company principals, and department heads of headquarters and subsidiaries have signed the Letter ofResponsibility for the Party Conduct and Integrity Building respectively. Additionally, middle-level leaders andstaff in key positions have also been organized to sign the Letter of Commitment to Integrity and Self-discipline,consolidating the primary responsibility for building a clean and honest party and enhancing their awareness ofself-discipline and integrity in their roles.Guarantee ofintegrityresponsibilityfulfillment
3536
In 2024
with a total of29,500people receivingtraining
A total of389 sessions of integrityeducation and training were conductedregularly for all full-time employees, part-time employees and contractors
100% coverageof integrity training atall levels of theCompany
SinomaInternationalIntegrity Culture
System
Five IntegrityInitiativesand FivePromotions
Learning toCultivate Integrity
Promoting steadfast adherenceto original aspirations
Activities toAdvocate Integrity
Strengthening awarenessand commitment to integrity
Families toSupport Integrity
Fostering the inheritance ofvirtuous family traditions.
Education toShape Integrity
Encouraging standardizedand ethical behavior
Platforms toPropagate Integrity
Ensuring comprehensivecoverage and engagement
?According to the Implementation Measures for the Inspection Work of the Party Committee of Sinoma International and
the Inspection Work Plan of the Party Committee of Sinoma International, the Company's Party committee conducts anannual inspection, covering integrity and anti-corruption issues, and achieves100% coverage of affiliated enterprisesevery five years.?The Company's Discipline Inspection Commission organizes and carries out the construction of a comprehensive
supervision system, resulting in the "Sinoma International Comprehensive Supervision System Implementation Plan".The Company organizes meetings of the leading group and coordination groups meetings for the building of Partyconduct and integrity and anti-corruption efforts, deploys supervision tasks, carries out joint supervision and inspection,and leverages the collective power of supervision.?The Commission for Discipline Inspection of the Company organizes special control inspections each year, and hasachieved100% coverage of its enterprises. Enterprises at all levels are required to self-check and self-correct; the Party
organizations of the affiliated enterprises of the Company report the progress of the anti-corruption work every year, andthe Commission for Discipline Inspection of the Company visits grassroots units periodically to listen to their progress ofanti-corruption efforts.?The Commission for Discipline Inspection at all levels of the Company establishes an Annual Political Supervision List to
promote integrity, discipline and anti-corruption in an integrated manner, leverage the collective power of supervision,and enhance the quality and effectiveness of its oversight efforts.
The Company has established email reporting channels for whistleblowing through discipline inspectioncommissions at all levels. Once a petition or report is submitted, the respective commission will investigateaccording to the Working Rules of the CPC Discipline Inspection Organ on Supervision and DisciplineEnforcement and the Discipline Inspection Manual. The investigation will be conducted in accordance with thedisciplinary workflow. Then the results will be escalated following the investigation. Meanwhile, disciplinaryinspection personnel at all levels are prohibited from privately retaining, disclosing, or disseminating the contentof the problem clues, the progress of clue investigation, the parties involved in the clues, the whistleblowers, andother relevant information in any form, thereby strictly protecting whistleblowers.
Smoothreportingchannels
The Company will punish staff who violate the integrity requirements according to the circumstances in formsincluding warning, removal from the original positions, demotion, dismissal and disciplinary punishment withinthe Party, as well as reducing or withholding all performance pay and bonuses in the current year. The Companylinks remuneration and performance evaluations of employees with their integrity behavior, and requires thatintegrity and discipline carry a certain weight in the performance evaluation forms.
Clear rewardandpunishmentmechanism
The Company implements integrity-related policies, provisions and standards in the approval processes of digitalbusinesses, so as to realize system functions such as automatic verification of invoices, digital identification ofreimbursement, and provide online warnings and reminders of integrity risks.Digitalintegritybuilding
The Company has set up an entertainment expense reporting rule to supervise the expenses and reducecommercial bribery. The Company proactively signs the Integrity Commitment Letter in external bidding anduniformly issues Procurement Subcontracting Integrity Agreement Template, requiring all units to attach it to thetender document and procurement subcontract, to prevent commercial bribery.
Anti-commercial
bribery
The Company engages an audit firm to perform an annual audit on internal controls, focusing on the risk ofmaterial misstatement due to fraud and management override controls.Fraud audit
In strict accordance with the Provisions on Prohibiting the Business Transactions between Enterprises Owned orOperated by Relatives or Other Specific Associates of Leaders and the Group's Companies, the Companyorganizes middle-level and higher leaders, staff in key positions and project managers to complete and file theself-investigation form for future reference. Through these efforts, we ensure that all suspected violations areinvestigated and reported promptly.Interestavoidance
Anti-corruption supervision and audit
Strengthen the foundation of governance to secure sustainable operation and development
2024 Environmental, Social, and Governance Report
Guarantee employee rights and interestsSinoma International adheres to the people-oriented principle, fully respects and protects the basic rights andinterests of employees, strives to build a sound talent cultivation mechanism, and offers greater care for employeesto make progress and grow together.
Enhance rights and interests' protection
Sinoma International strictly complies with the Labor Law of the People's Republic of China, the Labor Contract Lawof the People's Republic of China, the Law of the People's Republic of China on Protection of Minors, the Law of thePeople's Republic of China on the Protection of Rights and Interests of Women, the Provisions on Prohibition of ChildLabor, the Special Rules on the Labor Protection of Female Employees, the Regulation on Ensuring Wage Payment toMigrant Workers, and other laws and regulations. Furthermore, the Company has developed the ManagementMeasures for Recruitment and the Management Measures for Labor Contracts to regulate the labor employmentpractices.The Company adheres to the principles of openness, fairness, and impartiality in recruitment and signs laborcontracts with employees according to the law, eliminating illegal employment. During this reporting period, theCompany did not engage in child labor employment or forced labor violations, and the labor contract signing rateremained at 100%. For employees who have been moved out of their jobs in accordance with the law, the Companywill provide them with career counseling to improve their business skills and help them find employment as soon aspossible. If there were any personal disputes such as labor arbitration or other disputes occurring, the HumanResources Department, Legal Department, and trade unions will jointly intervene promptly and ensure that thelegitimate rights and interests of our employees are safeguarded.
Uphold equal human rightsSinoma International promotes equal employment opportunities, combats any form of workplace harassment,opposes all forms of discrimination, and avoids differential employment based on differences in age, gender,nationality, ethnicity, religious beliefs, and health status. We follow the principle of equal pay for equal work andpromote the fair employment, and builds a diverse and tolerant corporate culture that enhances cohesion and senseof identity.
The Company ensures the rights of female employees. Through various means such as organizing seminars for femalecolleagues and establishing female employee committees, voices and suggestions of the female employees areheard. We strive to provide equal opportunities for promotion and growth, thereby protecting women's entitlementto equal employment rights in a tangible manner
In 2024
reached 2,356The number offoreign employees ofthe Company
reached40%
of which the proportion of middle and high-level foreign employeesin the local company of Chengdu Design and Research Institute ofBuilding Materials Industry Co., Ltd.
3738
The Company has developed a series of policies and processes to ensure that all employees and contractors can strictly
follow and maintain the Code of Business Conduct and Human Rights Policy Statement of Sinoma International. To this end,
the Company has set up reporting mailboxes, providing a confidential and anonymous reporting method, and
employees a convenient channel for appeal. At the same time, customers, suppliers and other stakeholders are
| also |
welcome to raise any concerns they have through this channel.
In terms of business ethics
jubao@sinoma.com.cn
In terms of human rights
hresg@sinoma.com.cn
In2024, the Company didn't receive any appeals from all over the world through the
abovechannel, and has not resulted in any disciplinary action. Any behavior suspected of violating laws,
policies, and guidelines will be considered extremely serious issues by the Company. The Company will conduct careful and
professionalinvestigations into all appeals and will take appropriate actions based on the findings. It does not tolerate
anyformof retaliation.
Diverse and inclusive talent team
The Company actively carries out human rights due diligence procedures in its own operations and value chain, aiming toactively identify and assess potential impacts and risks related to respect for human rights, and take correspondinghuman rights improvement and remedial measures. The focus is on forced labor, child labor, discrimination and unequalopportunities, and the evaluation scope covers the Company's employees, with special attention to groups such aswomen, children and migrant workers. For example, the Company regularly conducts self-assessment of human rightsrisks at all levels of enterprises, including self-check and self-correction of the timely payment of wages to migrantworkers and strengthens the supervision of subcontractors.During the year, the Companydid not identify any potential human rights issues as mentioned above, nor did it
experience any incidents that violated the principles of equal opportunity, diversity, and anti-discrimination.
conducted a survey of its subsidiaries to promote the ESG policy, focusing on the employee code of conduct relatingto employee inclusion and commitment to diversity, covering the Company's key subsidiaries.The senior management of the Company is responsible for the overall diversity of employees, and clearly regards the"extension of local value chain" as one of the Company's key tasks. With the goal of building an international anddiversified talent team, the senior management is committed to improving the localization rate of employees.
With the continuous improvement of global businessoperations, based on the characteristics of the Company'shigh proportion of overseas operations, the Company and itsaffiliated enterprises formulate human resourcesmanagement regulations, incentive and protection,performance appraisals, and compensation management foroverseas employees, and other systems based on localconditions. This approach allows us to attract a diverse rangeof talents, spanning various nationalities, races, educationalbackgrounds, work experiences, and professional expertise,so as to cultivate an international and diverse talent pool, wealso actively carry out policy training related to diversity, anti-discrimination, and anti-harassment. In 2024, the Company
Human rights risk management
Smooth appeal channel
Strengthen the foundation of governance to secure sustainable operation and development
2024 Environmental, Social, and Governance Report
Optimize the salary and working hours mechanism
Sinoma International implements standard working hours and formulates systems such as the Salary Management Measuresand the Employee Working Hours, Rest, Vacation and Leave Management System to regulate and manage the working hours,rest and holiday arrangements of its employees. A dynamic adjustment rule has been established based on job contributionand market prices in the same industry.
Improve democratic managementSinoma International strictly complies with the Trade Union Law of the People's Republic of China, the Constitution of All-China Trade Union, and other laws and regulations, and promotes the democratic management system based on theemployee congress. The Company builds a platform for employees to express their concerns through various channels suchas staff suggestion boxes, staff congress, feedback from trade unions and staff symposiums. The Company requires thatmedium- and long-term incentive programs, annual leave programs, be implemented after the expression of opinions by thestaff congress. By the end of 2024, the Company had a total of1,100 employee representatives, and the proportion ofemployees joining the trade union was86%.
In 2024, the Company conducted a satisfaction survey for all employees, to learn about their job satisfaction and collectopinions and suggestions on work experience, internal motivation, happiness, work pressure, etc. through onlinequestionnaires. The survey covers
47.91% of the Company's employees, with a satisfaction rate over 95% for all
employees categorized by gender, race, employee category, and age.3940
Facilitate employee growth
Sinoma International attaches great importance to the employees' growth. With the focus on "optimizing talentworking mechanism, improving talent development environment, and motivating talent innovation ability", wecontinuously establish and improve the entire chain management mechanisms for talent selection, cultivation, andusage. This mechanism is designed to foster three major systems, namely, a dual channel system for managementand specialties, a job qualification system, and a rank promotion certification system, to systematically promote andcontinuously carry out the "five key talents" cultivation project: talents of finance and economics, talents of scienceand technology, talents of internationalization, talents in operation and talents of outstanding young leaders. Effortsare made to improve employees' competence and quality, maintain a reliable development ladder, and achievesynergistic development between the enterprise and employees.
?Talent resource reserve
The Company comprehensively coordinated the campus recruitment work at all levels, and a total of448 fresh graduates were contracted in 2024; the Company actively participated in the TsinghuaCampus Recruitment Double-Election Fair organized by the Group, and assisted its affiliatedenterprises in efficiently introducing talents from colleges and universities.
?Diversified training systems
The Company organizes targeted training courses for all employees, including onboard training, anddual-mentorship systems-on-site mentors and headquarters mentors-for frontline employees, thusgiving full play to the role of business backbones as mentors.
I.Training types: strategic, management, business, general (including communication, computerapplications, data processing, etc.), other (according to the needs of specific positions)
II.Training methods: internal training, external training, mentoring (business backbone or middle
and senior managers as mentors), internal rotation, self-study, etc
III.Special training: Localized Development Lecture Hall, Science and Technology Lecture Hall, Digital
training, English Salon, English training for cadres and staff, etc
?Internal post rotation and exchange
The Company carries out reasonable planning for personnel, for staff shortage departments, priorityfor internal transfer; employees who are interested in other areas of work, can apply to the HumanResources Department, the Company will evaluated according to the actual situation, the internalrecruitment process, to provide them with new career development opportunities. In addition, theCompany carries out internal post's rotation and communication sessions among employees toenhance their understanding of the Company's overall business and their abilities to solve practicalbusiness problems.
?We implement a basic salary system including basic wage, post wage, and allowance. We also provide medical insurance,pension insurance, industrial injury insurance, maternity insurance, unemployment insurance and housing fund for 100% ofthe employees, and enterprise annuity for 60% of all the employees.?Performance evaluation is conducted on a quarterly or annual basis, consisting of various forms of assessment such as
company, department, project team goal assessment, individual goal assessment, multi-dimensional performanceevaluation, and instant communication. After the evaluation results are announced, department heads will have one-on-oneperformance interviews with employees to gain a deeper understanding of their work, listen to their feedback, and providetargeted improvement suggestions, development guidance, and training for employees.
?We align employee performance with the overall benefits of the Company and the achievement of team and individual goals.
The floating part of wages of senior management at all levels takes over 60%, while the proportion for the middle-classmanagement at the headquarters is 30%-50% and general staff below 30%.
?We implement a restricted stock incentive program covering directors, senior management, core management and business
and technical backbone of the Company. Performance evaluation indicators are set at the company level, the affiliatedenterprises level and the individual level. For example, for CEO, the Company grants a restricted stock incentive plan with athree-year assessment period and a two-year lock-up period. The grant conditions and the conditions for release of restrictedshares are strongly linked to the operating performance of the Company. Factors affecting incentives mainly include economicindicators such as return on net assets and compound growth rate of net profit. As of the end of the reporting period, a total of
264 people at all levels received restricted stock incentives, and employee shares accounted for 2.13% of the total equity
capital of the Company.
?We further promote the construction of the medium and long-term incentive mechanism and effectively use six types of
incentive tools, including excess profit sharing, virtual equity and employee stock ownership, and increase support forscientific and technological innovation, high-end equipment, digital intelligence and other fields. The incentives cover 2,483recipients, accounting for 16% of the total employees.
?A dual-track increasing salary system is adopted. We conduct regular assessments to employees' income. Upon evaluation,
the salaries of all employees at all levels exceeded the local social average in order to satisfy their living requirements.?We set up a salary recovery system. Management members who violate relevant laws and regulations of the state, or who lose
assets due to failure to perform or perform their duties properly, will be subject to a corresponding reduction in their current
performance annual salaries, or recovery of part or all of their paid performance annual salaries and medium and long-term
incentive earnings.
Talent development system
Strengthen the foundation of governance to secure sustainable operation and development
2024 Environmental, Social, and Governance Report
?Scientific and technological talent developmentThe Company builds a database of key technological talents and highly skilled talents. We havecumulatively applied for the recognition of 39 leading scientific and technological talents and
51 young scientists, of whom 9 are included in the Group's leading scientific research talent
pool and 25 receive special government allowances from the State Council. More than 760scientific and technological talents enjoy medium- and long-term incentives, accounting for
25% of all talents.
In 2024
67.06 hours
average training timeper employee of
?Deepen school-enterprise cooperationThe Company and Wuhan University of Technology jointly organize and carry out on-the-jobpostgraduate training program; the "Chinese Workshop" project of Suzhou Sinoma conductedthe "Chinese + Vocational Skills" localized staff training with Jiangxi Vocational College ofApplied Science and Technology in Nigeria, and has already accumulated the total number oftrainings. More than 200 localized employees have been trained.?Qualification certificates acquisitionThe Company encourages employees to acquire registered qualification certificates. TheCompany reimburses the cost of examinations related to the position held and pays a one-timebonus and a monthly practice allowance upon registration in the unit.
4142
In March 2024, CEMROS, a Russian company, andEquipment Group jointly launched a 20-day training onmodern cement production technology. The traininginvolved latest technologies such as cement raw fuel,firing system and grinding system, and field visits to anumber of enterprises and scientific research platforms,providing a platform for learning and cooperation. Thetwo parties will take this training as an opportunity tocontinue to deepen exchanges and cooperation andjointly promote the development of the cement industryin China and Russia.
Case:Promoting Sino-Russian technical exchanges and cultivating new modern cement talents
Equipment Group and CEMROS jointly held a training onmodern cement production technology
?Locally-hired talent development
The Company promotes the management modelof "localized employment and localizedresources", and strengthens the cultivation andintroduction of locally-hired talents. We alsoemploy high-end local talents regardingbusiness, legal affairs, and tax, while recruitinglocal university graduates as new talent toprovide human resources support for the long-term development in the local area andcontribute to local employment.
Employees from Sinoma (Suzhou) Construction Co.,Ltd. participated in the training and competition of"China Copper Cup"
with total cumulativetraining time of
898,900 hoursThe Company hosted or participatedtraining programs at all levels2,350
In March 2024, the fifth training class for improving thepolitical attainment and management ability of middle-aged and young cadres of Sinoma International wassuccessfully concluded at China Business ExecutivesAcademy, Dalian. The training covered six modules,namely political theory and Party spirit education,strategic management, organizational leadership,enterprise management, internationalization, state-owned enterprise reform.
Case: Improving the political attainment of cadres to boost corporate quality and efficiency
Group photo of the training class for middle-aged and youngcadres and speech by Chairman Yin Zhisong
Sinoma International Intelligent Technology Co., Ltd.jointly plans and implements a series of intelligenttraining programs to comply with the strategic direction ofthe Company's transformation into an intelligenttechnology company and to ensure the smoothintegration of employees into the new business fields.2024, the Company held a total of 28 intelligent and digitalthematic trainings, with a participation rate of 82%, andthe designers participated in the REVIT 3-D modellingcompetence assessment and passed the test 100%, ofwhich 46 people were certified at the national level and 49people were certified at the second level. In 2024, the
Case: Series of intelligent training to help the Company's strategic transformation
Sinoma International Intelligent Technology Co., Ltd. digitaltransformation trainingCompany organized 28 training sessions on intelligent and digitalization topics, with 82% participation. Throughsystematic training, the Company's entire staff has preliminary digital and intelligent design capabilities, laying asolid talent foundation for strategic transformation.
After successfully completing their studies, 219 young cadres proactively deployed themselves to the frontlinesof scientific research, market development, and production operations. This virtuous cycle of "learning throughpractice and improving through application" not only cultivates compound talents but also significantlycontributes to the Company's high-quality development strategy.
Strengthen the foundation of governance to secure sustainable operation and development
2024 Environmental, Social, and Governance Report
4344
Promote employee careSinoma International continuously improves the welfare security, develops welfare management systems such as theEmployee Leave Management Measures and the Youth Talent Apartment and Subsidy measure. This approach fullyimplements employee care during the full-time career cycle, fostering a strong sense of belonging. In 2024, The laborunion of the Xi'an Branch of Sinoma Mining Construction Co., Ltd. won the title of"Home of National ModelWorkers". Sinoma International Intelligent Technology Co. was awarded "2023 China's Best Employerof the Year" by Social Survey Research Centre of Peking University and Zhaopin.com.
Continuously care for physical and mental health
Sinoma International deeply cares about the well-being of its employees and always adheres to humanistic care. Weregularly organize free medical check-ups for our employees and hire professional doctors to conduct employeehealth consultations and provide psychological counselling as needed. We provide flexible working hours foremployees, offer "working from home" alternatives for employees in special conditions, and allow employees to workoff-peak in case of extreme weather. Pregnant women can apply for home office to reduce the risk of accidents. TheCompany provides annual parental leave for couples who give birth to a child in accordance with the law, and eachspouse is entitled to ten days of parental leave per year until the child reaches the age of three, with the number ofdays of parental leave being cumulatively stacked in the case of families with multiple children. Sinoma (Suzhou)Construction Co., Ltd. has established an exclusive online channel to provide free treatment consultation foremployees, fostering a sense of security and happiness within the workforce.
In April 2024, the first employee walking activity of CNBMEquipment Group themed on "Walking Together" washeld simultaneously in Tianjin and Hefei, with nearly 1,800participating employees. Through this activity, CNBMEquipment Group comprehensively improved the physicalfitness of employees, further enriched their cultural life.
Case: "Walking Together" on the new journey
The first employee walking activity of Equipment Group
Care for female employeesSinoma International deeply cares about its female employees' difficulties and special needs in the workplace. Wetake tangible and warm actions to create a favorable working environment for them.?Sinoma Overseas Development Co., Ltd. continuously pays attention to their needs in various ways, such asvisiting the families of overseas employees during the Spring Festival and distributing special assistance and relieffunds to local employees, making every effort to support overseas employees and their families.?We deliver festive greetings during holidays such as the Spring Festival, Dragon Boat Festival, and Mid-AutumnFestival. Additionally, the employees receive a birthday cake card at his/her birthday month as a token of ourappreciation and care.?We pay prompt visit to employees who are hospitalized, we periodically visit retired employees, and assist them in
addressing any urgent issues and difficulties in their daily lives.?Relying on the Group's Love and Public Welfare Assistance Fund, we provide assistance to employees in specialdifficulties. In 2024, we carried out881 employee condolence and assistance programs, with a cumulative
expenditure RMB488,000.
?The Company continued to explore the mechanism of support for overseas employees, and issued the
implementation measures for Support and Assistance for Overseas Employees, which were thoroughly tested in
Nigeria. The Company has set up a special assistance fund. The Company has set up special funds to help
Nigerian employees.
Theme activities for funThe Company's trade unions at all levels organized aseries of celebrations for the International Women'sDay, and invite foreign female employees to participatein the colorful theme activities held by the Company'sheadquarters and affiliated enterprises to enhanceteam cohesion.
Maternal and infant careThe Company extends exceptional support andattention to "novice mothers". Twelve months after theexpiry of maternity leave ends, one hour ofbreastfeeding leave per day is granted; in the case ofmultiple births, the breastfeeding time is increased byone hour per day for each additional child. Xi'an Branchof Sinoma Mining Construction Co., Ltd. established aprovincial second-class nursing room, and TianjinCement Industry Design & Research Institute Co., Ltd.
International Women's Day celebrations
The Company has established a fitness center within its office premises and offers professional sports venues.Besides, we organize a diverse array of cultural and sports events, including basketball game, badmintoncompetition, table tennis match, and fun sports game. These initiatives aim to enrich our employees' spare-time livesand foster their physical and mental well-being.
set up the Mother's Home with supporting facilities such as independent cubicles, dedicated to servingpregnant and lactating female employees.
International Women's Day celebrations
Help and comfort the people in need
Strengthen the foundation of governance to secure sustainable operation and development
2024 Environmental, Social, and Governance Report
Practice the commitment to safetySinoma International adheres to the core concept of "people-oriented, safe development, and green development",implements the working principle of "prioritizing safety, environmental protection and prevention, comprehensivetreatment, full participation, and continuous improvement", and promotes the formation of a safety managementpattern featuring all-round management, whole-process control, and full participation, to create a safe and stableenvironment for the high-quality development of the Company.
Implement safety management
Sinoma International and its affiliated enterprises have formulated an environmental, occupational health and safetymanagement system based on ISO series standards, which is overseen by the board of directors. We continuouslyimprove and optimize the norms and standards of HSE management, and develop a comprehensive institutionalframework that includes the HSE Management Manual and the Compilation of HSE Management System. Leveragingrobust organizational coordination capabilities and pragmatic work ethos, we have diligently implemented safetymanagement measures, successfully achieved our annual safety objectives and maintained a stable and secureoperational environment.
The Company has established a Production Safety Committee withthe Chairman and President as co-chairs, responsible for:
?Organizing the implementation of the Company's production safety responsibility system for all employees,
and strengthening the development of production safety standardization.?Organizing the formulation of the Company's production safety management system and operating
procedures, and promoting the implementation of safety management measures.?Organizing the formulation and implementation of the Company's production safety education and training
plans.?Ensuring the effective implementation of the Company's production safety investments.?Organizing the construction of a "dual control" system for risk classification and hazard investigation, and
supervising and inspecting the production safety work of affiliated units.?Organizing the formulation and implementation of various emergency rescue plans for the Company, and
guiding emergency rescue, accident investigation, and handling work.?Researching, proposing, and approving the Company's production safety policies, objectives, and annual
production safety plans, and handling and making decisions on major production safety issues.?Organizing the implementation of the occupational disease prevention and control responsibility system,
establishing the goals of occupational safety and health and occupational disease prevention and control
work, as well as the plans to achieve these goals, and regularly supervising and inspecting the plans'
implementation.The Company revised and issued the Sinoma International Production Safety, Energy Conservation, andEcological Environmental Protection Assessment Management Measures, which links major safety-related issuesand targets with the remuneration of senior executives, and specifies veto indicators and key KPIs, and theassessment indicators have a direct impact on the results of the annual assessment of the senior executives andtheir remuneration incomes.
Strengthen safety defence linesThe Company has formulated a series of safety management objectives, and solidly promoted the implementation ofproduction safety work to achieve results:
4546
The Company continued to strengthen resource support and implement production safety measures:
Invested in safety and healthover RMB552 million
A total of 2,173emergency drills
involving45,721person-times
147.59 million safe man-
hours (including subcontractors)in 2024
A total of 29,006cases of inspection onpotential risks
with a 100%rectificationcompletion rate
28,106 safety andenvironmental protection inspectionswere carried out
A total of 37,776production safetyresponsibility letterssigned at all levels
with a 100%signing rate
Among the enterprises at alllevels,47 have obtained theISO45001 Certification
Safety and environmental protection inspections were carried out for 11 enterprises, involving 30projects and three equipment manufacturers and covering100% directly managed100%
Production safety liability incidents
Emergency with major impacts
In 2024, the Company successfully achieved the
abovementioned goals
Traffic or fire accidents during theproduction processNew occupational cases of illness?In addition, the Company has set a safe work target of no more than 0.8‰ serious injuries
representing a proportion of75%Note：The number of enterprises at all levels used to calculate the proportion of ISO45001 certified enterprises refers tothe number of enterprises engaged in engineering construction, equipment manufacturing, green energy andenvironmental protection.
Strengthen the foundation of governance to secure sustainable operation and development
2024 Environmental, Social, and Governance Report
The Company integrates the safety management of subcontractors and labor teams into its comprehensive safetyframework, stipulates the safety and environmental responsibilities, obligations and rights of both parties, clarifiesthe safety and environmental protection access requirements for equipment, construction machinery and facilities,provides subcontractors with training on safety management and raises safety awareness, supervises and guidessubcontractors to establish safety management systems, helps them understand the Company's safety andenvironmental management policies and requirements. Unauthorized subcontractors are prohibited, while anyviolations, including work against regulations, illegal directives, and labor discipline breaches, are promptly identifiedand corrected. Besides, we avoid over-reliance on subcontractors and penalties in safety management.
Guard occupational health
Sinoma International conscientiously implements the call for "Health China", strictly abides by the Law of thePeople's Republic of China on the Prevention and Control of Occupational Diseases, the Regulations on Work-RelatedInjury Insurance, and other laws and regulations. The Company conducts occupational health and safety risk andhazard assessment, ranking the above risks in materiality order, and formulating various contingency plans. Inaddition, we conscientiously assume the main responsibilities for prevention and control of occupational diseases,and carry out activities such as regularly organizing staff for physical examinations, giving lectures of knowledgepopularization, and offering psychological health care for employees, so as to effectively protect the health and safetyof employees.In 2024, the Company invited hospital experts to hold lectures on the prevention and treatment of hypertension andorganized six batches of cardiopulmonary resuscitation training.62 people obtained the Heartsaver First Aid
Certificate issued by American Heart Association (AHA). Third-party service agencies were hired to provide medical,occupational health and safety services for domestic and overseas employees, and special training on safety andoccupational diseases were carried out for overseas employees, to enhance their awareness of safety and infectiousdisease prevention.In terms of hazardous chemicals and harmful substances, the Company strictly abides by relevant laws andregulations, conducts strict procurement control, and sets up special storage areas (subject to special requirementssuch as fire prevention, explosion prevention, and corrosion prevention) equipped with appropriate ventilationfacilities. We set up conspicuous warning signs to indicate the hazard and install necessary protective equipment(such as leakage emergency treatment devices). We provide employees with necessary personal protectiveequipment and set up safety tips and operation instructions in the workplace. We also regularly check the status ofrelevant equipment to ensure it is in good working condition and reduce the risk of accidents.
In 2024
100%
The individual protection rate at hazardouswork sites of the Company was
100%
The health examination rateof employees was
Build safety culture
Sinoma International places an emphasis on safety education and training, diligently improving the professionalexpertise of its dedicated safety and environmental management team. All affiliated enterprises and the ProjectDepartment, guided by three-level safety and environmental protection education, adopted various forms ofactivities such as safety, environmental protection and occupational health onboarding training, special training,safety experience training, and accident case education. A total of26,575 safety education and training sessions
were launched, with572,840 trainees, and the training ratio of internal employees and contractor employees was100%.The Company attached great importance to the "Safe Production Month" activity and constantly introduced newapproaches to promote safety through activities. Through safety lectures delivered by top leaders, knowledgecompetitions, safety culture promotion, and accident case analysis, we created a strong safety culture atmosphere.The Company actively arranges multiple production safety activities, thereby enhancing the safety awareness andemergency response capabilities of its workforce across the board.
Focusing on the "Every Individual Embraces Safety, and Everyone is Equipped with Capability of EmergencyHandling," the Company has enthusiastically carried out the "Safe Production Month" and "Thousand-Mile SafeProduction Journey" activities. Each affiliated enterprise diligently has developed activity proposals and organizeddiversified events including safe production knowledge competitions, special inspections, and emergency drills, touse "meetings" to deploy defenses, "training" to build defenses, and "inspections" to consolidate defenses. Theseconcerted efforts aim to foster a robust safety culture and cultivate a profound atmosphere of safe production.
Case: Foster a culture of safety where "Every Individual Embraces Safety" and ensures "Everyone isEquipped with Capability of Emergency Handling
"Safe Production Month" series of activities
4748Strengthen the foundation of governance to secure sustainable operation and development
Adhere to the green concept to ensure environmental friendly development
2024 Environmental, Social, and Governance Report
Adhere to the greenconcept to ensureenvironmentalfriendlydevelopment
?Green and
cleanproduction
?Integration intothe circulareconomy
4950
Green and clean productionAttaching great importance to green development, Sinoma International fully implements the requirements of"understanding the new stage of development, applying the new development philosophy, and creating a newdevelopment dynamic" and closely follows the national "Dual Carbon" targets. It persistently carries out cleanproduction and integrates into circular economy to build a greener and more low-carbon energy structure andimprove the ecological environment, painting the brightest background for high-quality development.
Deepen environmental management
Strictly complying with the ecological and environmental laws and regulations of China, Sinoma International buildsenvironmental management systems and mechanisms. Through management and control over environmental risks,as well as inspection and supervision of environmental protection, it strictly implements environmental protectionpolicies in various business sectors.Establish an organizational structure
In terms of governance, the Board of Directors of Sinoma International is responsible for establishing and improvingthe Company's Environmental, Social, and Governance (ESG) management system. The Strategy, Investment, andESG Committee is responsible for assessing the Company's environmental management performance, identifyingrisks and opportunities, formulating and reviewing the Company's environmental management vision, goals andstrategies, and reporting major issues to the Board. In terms of management and execution, the Company hasestablished an Ecological and Environmental Protection Leadership Group, co-chaired by the Chairman andPresident, with members consisting of the Company's leadership team, heads of directly managed units, anddepartment heads at the headquarters. This group takes the overall leadership of the Company's ecologicalcivilization, and organizes activities related to environmental protection, energy conservation, and emissionreduction.
Improve the organizational systemSinoma International strictly complies with the national environmental protection laws and regulations such as theEnvironmental Protection Law of the People's Republic of China, formulates a series of environmental protectionsystems such as the Responsibility System for Ecological Environmental Protection Management, ManagementSystem for Environmental Impact Assessment of Construction Projects, the Management Measures for CleanProduction, Energy Conservation and Emission Reduction and the Special Environmental Protection ManagementSystem for Overseas Institutions (Projects), covering all aspects including production and operation, engineering andconstruction, and contracting and subcontracting.The Company strictly implements the ISO14001 environmental standard and focuses on building a green andsustainable environmental management system to effectively control environmental risks. By the end of 2024,
affiliated enterprises passed the certification for GB/T24001-2016/ISO14001:2005 environmental managementsystem, accounting for75%, and 4 affiliated enterprises passed the certification for GB/T2331-
2020/ISO50001:2018/RB/T119-2015 energy management system, accounting for6%, and their environmentalmanagement capabilities have continued to enhance.Adhere to the green concept to ensure environmental friendly development
Note：The number of enterprises at all levels used to calculate the proportion of ISO14001 and ISO50001 certifiedenterprises refers to the number of enterprises engaged in engineering construction, equipment manufacturing,green energy and environmental protection.
Adhere to the green concept to ensure environmental friendly development
2024 Environmental, Social, and Governance Report
Refine the management mechanismThe Company strictly implements environmental information disclosurerequirements, and each production unit develops an environmental self-monitoring plan, equipping relevant monitoring systems for real-timemonitoring to ensure effective management and control of pollutantemissions. Through the establishment of a robust environmentalmanagement system, strict monitoring measures, and comprehensiveemergency plans, the Company prevents and responds to potentialenvironmental incidents.The Company strengthened the environmental protection responsibility at alllevels and organized the signing of32,440 copies of environmental
protection responsibility statements by employees at all levels in 2024. Whilecompleting the rectification tasks of the central environmental protectioninspection on time, the Company implemented a top-down environmentalprotection inspection mechanism internally, achieving 100% coverage ofenterprises at all levels. In 2024, a total of7,775 environmental inspections
were conducted at all levels (including external government inspections),identifying4,046 hazards with a rectification rate of 100%.
Environmentalinspections
7,775
In 2024
Raise environmental awarenessSinoma International actively promotes green office, video conferencing and paperless conference, enableselectronic office operation through the OA system, reduces use of paper, prioritizes the purchase of environmental-friendly paper and pens with replaceable pen refills, and extends the service life of printing and lighting equipmentthrough repair and recycling. The Company organizes Environmental Protection Day activities and training and callson its employees to start with daily behaviors such as saving water and electricity, sorting waste and traveling inenvironmentally friendly ways and contribute to the sustainable development of the Group.The Company actively implements the green and environmental concept and organizes various activities such as treeplanting, factory afforestation, forum meetings, etc., to help create an eco-friendly and healthy environment foremployees, the industry and the society. In 2024, the Company took advantage of the "National Energy ConservationPromotion Week", Low-Carbon Day, "Beautiful China, I Am an Actor" initiative, the World Environment Day on June 5and other activities to publicize environmental protection knowledge, policies and regulations through enterpriseWeChat groups, electronic screens, publicity manuals, environmental protection slogans and other channels,organize and conduct environmental protection awareness campaigns, education and training, National EnergyConservation Promotion Week and Low-Carbon Day online quiz, and watch the feature screen the documentary titledGreen Transformation and Energy Saving Efforts, to improve employees' environmental protection awareness.
5152
Environmental protection education and training system
“Waste-free
factory"
Compliant hazardous waste disposaland emergency management trainingGarbageclassification
VOCs waste gas treatment
facilities and equipment
Sinoma Mining Construction Co., Ltd. held the "Good Use ofResources Day" event of China National Building MaterialGroup in Laizhou, inviting more than 30 stakeholders suchas government officials, media staff and employees toexperience the charm of green mining of stone mines, whichwas highly recognized by the government. At the LaizhouInternational Stone Fair, the Company won the "StoneGreen Mines Construction Award", demonstrating its greenproduction achievements. Through these activities, theCompany effectively promotes external stakeholders tounderstand green production measures, enhancesenvironmental awareness, establishes a model of greendevelopment in the industry, and builds a beautiful future ofharmonious coexistence between man and nature.
Case: Leading the new trend of green production and contributing to environmental protectiontogether with stakeholders
缺英文
Invested 74million yuan inenvironmentalprotection
Logistics and transportation
In accordance with the Management Measures for the Acceptance of Safety Materials, the Company requiressuppliers to comply with relevant laws and regulations on environmental protection for the logistics servicesprovided and take necessary measures to avoid environmental pollution. Transport vehicles are strictlyrequired to prevent scattering, leakage and fire hazards, ensure safety, and prohibit oil leakage.
EPC services
The Company includes subcontractors in unified management. On signing subcontracting contracts, it definesthe safety and environmental responsibilities, obligations, and rights of both parties, and specifies the safetyand environmental access requirements for equipment, facilities, and construction machinery. It also providessubcontractors with environmental training to help them understand the Company's environmentalmanagement policies and requirements, as well as practice environmental-friendly behaviors in their work.
Investment and M&A
The Company implements the Management System for the Safety and Environmental Protection DueDiligence for Mergers and Acquisitions, and formulates due diligence list guidelines in the four areas ofbusiness, finance, law and safety and environmental protection. It also engages third parties to conduct safetyand environmental due diligence on the investment targets.
The Company integrates environmental management mechanisms into business cooperation
Adhere to the green concept to ensure environmental friendly development
2024 Environmental, Social, and Governance Report
5354
Carry out green production
Sinoma International strictly abides by laws and regulations such as the Environmental Protection Law of thePeople's Republic of China, as well as policies for energy conservation and emission reduction. In alignment withworld-class environmental protection initiatives, the Company promotes clean production and green construction,identifies, evaluates, and controls the environmental factors involved in production, engineering constructionprocesses, and management activities, and assumes the main responsibilities for environmental protection, energyconservation, and emission reduction. The efforts aim to prevent and reduce the adverse impact of production andoperations activities on the environment, promote the intensified and economical utilization of resources, controlemissions within the limits and continuously improve the production environment, thereby building an environment-friendly enterprise.In 2024, the Equipment Group's subsidiary, Hefei Zhongya Building Materials Equipment Co., Ltd., has beensuccessfully awarded the provincial "Green Factory" title, while another subsidiary, Zhejiang Boyu ElectromechanicalCo., Ltd., has achieved the national "Green Factory" designation.Reduce pollutionDuring the construction of projects, Sinoma International strictly complies with laws and regulations such as the LandManagement Law of the People's Republic of China, the Water and Soil Conservation Law of the People's Republic ofChina and the Regulations on the Administration of Environmental Protection for Construction Projects. At the sametime, relevant environmental protection systems are formulated and implemented on the project site, and the "sixhundred-percent" management requirements are strictly implemented.
?We strictly comply with the Law of the People's Republic of China on the Prevention andControl of Atmospheric Pollution and implement national standards such as the IntegratedEmission Standard of Air Pollutants, the Ambient Air Quality Standard and the EmissionStandard of Air Pollutants for Cement Industry to strictly control atmospheric pollutionemissions.?We give priority to materials that do not generate atmospheric pollutants and low-emission
equipment to reduce pollution at the source.?We formulate scientific construction plans and adopt enclosed construction, installation of
dust-proof nets and other measures to reduce dust and exhaust gas emissions.?We take effective measures to control the exhaust gas. For example, we install exhaust gas
treatment equipment and innovatively apply integrated drilling machine, water bag blasting
technology, fog cannon machine for wet dust removal, and intelligent spraying systems.?We strengthen the management of transport vehicles to ensure that they meet emission
standards. Corresponding measures such as covering, cleaning and watering in the transport
process are taken to reduce dust emission.
Air pollutionmanagement
?Classified collection and proper disposition: Hazardous wastes are collected and stored by
their characteristics; scraps are recycled at designated locations; solid wastes are stacked at
different areas designated for gold, wood, soil and rubber storage; and primary soil and
sandstone are handled separately.?Standardized storage and legal transportation: We set up appropriate waste storage
facilities and locations according to regulations, clearly mark the type and danger of waste in
the storage area, and ensure that waste transportation complies with relevant laws and
regulations. We strictly implement the transfer plan approval and the duplicate form system
for hazardous waste, and select qualified transportation companies for waste transportation.?Tailored approaches for compliant disposal: In light of the nature of waste and the legal
requirements, we entrust qualified specialized companies to handle the waste on a regular
schedule and select appropriate disposal methods such as incineration, landfilling and
recycling. In 2024, 100% self-produced hazardous wastes were disposed.?Strict record-keeping and full-process supervision: We establish a system for recording and
reporting waste disposal, which includes information on the quantity of waste generated and
treatment methods. We regularly supervise and inspect the compliance of waste disposal to
ensure adherence to regulations and standards.
Wastemanagement
Sewagedischargemanagement
?We strictly implement national standards such as the Wastewater Quality Standards for
discharge to municipal sewers and the Integrated Wastewater Discharge Standard.?We strengthen the monitoring and management of wastewater discharge, and commission a
third party to carry out regular water quality monitoring, to ensure compliance with
wastewater discharging standards. A classified wastewater drainage method is in place for
different types of wastewater to promote water reuse.?When constructing camps for projects overseas, we adopt facilities such as sewage collection
tanks, sedimentation tanks and septic tanks. We hire local qualified sewage treatment
companies to centrally extract and treat wastewater, in a bid to ensure compliance with local
discharge standards.
Enclosure around theconstruction siteCoverage of materials stackedWashing of in-and-out vehicles
Coverage of bare soilWet operation at demolition siteClosed transportation of soil slagby vehicles100%
"Six hundred-percent"
Adhere to the green concept to ensure environmental friendly development
Adhere to the green concept to ensure environmental friendly development
2024 Environmental, Social, and Governance Report
5556
Sinoma International follows the principle of clean production in product manufacturing. Tangshan Sinoma HeavyMachinery Co., Ltd., a subsidiary of the Equipment Group, passed the acceptance testing of the clean productionexpert group of Hebei Province in June 2024. It is estimated to save RMB 583,000 per year through theimplementation of the cleaner production program. The effective measures taken to reduce pollution and carbonemissions are paying off.Affiliates of Sinoma International Environmental Engineering Co., Ltd., including Huainan CNBM TengfengEnvironmental Protection Technology Co., Ltd., Linyi Guojian Environmental Technology Co., Ltd. and ZhongtianGongkang Environmental Protection Technology Co., Ltd., were listed as key pollutant discharging entities by localecological environment authorities.The main pollutants of the key pollutant discharging entities include particulate matters, nitrogen oxides, carbonmonoxide, sulfur dioxide, volatile organic compounds, hydrogen sulfide, ammonia, non-methane hydrocarbons,hydrogen chloride, etc. Air emission denitrification devices and VOCs recycling and treatment facilities are used forthe disposal. All the key pollutant discharging entities set up emission outlets in the designated area of the plant inaccordance with the environmental impact assessment document, and carry out emission monitoring on a regularbasis. A total of 5 exhaust gas outlets are placed, distributed in the incineration workshops, the emergency exhaustgas treatment devices and the kiln inlets. All the key pollutant discharging entities have actively responded to theregulation, and developed the environmental self-monitoring schemes in accordance with the requirements of lawsand regulations such as the Measures for Self-monitoring and Information Disclosure of Key Enterprises Subject toMonitoring and the Technical Guidelines for Self-monitoring of Pollutant Discharging Entities. They also configuredmonitoring systems for real-time monitoring, and prepared contingency plans for environmental emergencies, whichwere reported to the relevant departments of the local government for record as required. The pollutant emissionvalues of the key pollutantdischarging entities are subject to the disclosure of the local ecological environmentauthorities, the pollutant emission information disclosure websites are as follows:
?Huainan CNBM Tengfeng Environmental Protection Technology Co., Ltd.:
http://39.145.0.253:8081/gfwry/gfwryindex?wework_cfm_code
?Huainan CNBM Tengfeng Environmental Protection Technology Co., Ltd. (self-monitoring):
https://wryjc.cnemc.cn/gkpt/mainZxjc/340000?Linyi Guojian Environmental Technology Co., Ltd.:
http://221.214.62.226:8090/EnvironmentDisclosure/publicReportDetail/lookReportDetail?pageFrom=2&r
eportId=16389&reportType=1&batchYear=2024?Zhongtian Gongkang Environmental Protection Technology Co., Ltd.:
http://ywxt.sthjt.jiangsu.gov.cn:18181/spsarchive-
webapp/web/viewRunner.html?viewId=http://ywxt.sthjt.jiangsu.gov.cn:18181/spsarchive-
webapp/web/sps/views/yfpl/views/infoPublic/index.js
Enhance energy management
The Company is strengthening the construction of its energy management system to monitor and analyze energyusage in real time, optimize energy distribution and scheduling, and reduce energy consumption. An energyconservation and emission reduction management system is constantly improved, defining the responsibilities ofeach department and position and strengthening supervision and assessment to ensure the effectiveimplementation of various energy conservation and emission reduction measures. Regular energy conservation andemission reduction training and promotional activities are conducted to raise awareness and encourage activeparticipation, fostering a positive corporate culture of energy conservation and emission reduction. Three employeesattended the energy manager training organized by China Energy Conservation Association and obtainedcorresponding certificates.The Company is increasing its investment in the R&D of key technologies for energy conservation and emissionreduction, such as high-efficiency raw material pre-treatment technology, advanced production process energy-saving technology, and intelligent energy management technology, to further improve energy utilization efficiencyand reduce carbon emissions from our own engineering and manufacturing processes.
Strategies of energy-saving technological transformation projects
Improvement of solar dryer and heat pumpdrying technologyResearch and development of high-efficiencycrushers and screening equipmentDevelopment of novel, environment-friendlyadditivesPlasma cutting upgraded to laser cutting
Enhanced drying efficiency ofbiomass feedstockOptimized raw material processingflowReduced carbon emissions fromadditivesImproved work efficiencyTangshan Heavy Machinery Co., Ltd. of CNBM Equipment Group saves 135 MWh ofelectricity per year, resulting in about RMB101,000 in electricity cost savings
Optimize the energy consumption structure
Actively promoting clean energy equipment and accelerating the construction of renewable energy projects, SinomaInternational is strategically deploying solar energy facilities based on the resource conditions of each region,increasing the proportion of clean energy in energy consumption, gradually reducing the dependence on traditionalenergy sources, and leading its own low-carbon, green transformation.Leveraging its green energy and environmental service resources, the Company is promoting energy-savingrenovations and technical reform of its own office buildings and manufacturing plants and actively advancing rooftopphotovoltaic modifications. As of December 2024, the Company's own buildings achieved a total installedphotovoltaic capacity of
17.2 MW, increased more than 5 times than last year.
Adhere to the green concept to ensure environmental friendly development
2024 Environmental, Social, and Governance Report
5857
In 2024
The Company generated 144 MWh of electricity by the rooftop photovoltaics in the Company'sheadquarters building, and sold5,400 kWh of electricity back to the grid.
Since its operation in July 2024, the High-End Equipment Intelligent Manufacturing Park photovoltaicproject has progressively replaced traditional industrial electricity consumption with solar powergeneration, yielding an annual output of2,400 MWh and saving RMB 610,000 in electricity costs.
Sinoma International (Nanjing) Engineering Co., Ltd. distributed photovoltaic power plant projectgenerated472 MWh of electricity in the whole year, and sold 86.8 MWh of electricity on the grid,
with self-consumption savings in electricity tariffs and income from electricity sales on the grid totalingRMB315,000.
Equipment Group has installed photovoltaic panels with a capacity of 0.242 MWp in office building,and purchasing a total of390 MWh of green electricity in 2024.
Sinoma Overseas Development Co., Ltd. invested in the construction of a 740kW rooftop photovoltaicproject on the Handan Sinoma Building, providing clean energy for office operations. The projectgenerated472 MWh of photovoltaic power throughout the year, saving RMB 280,000 in electricity
costs.
Sinoma Overseas Development Co., Ltd. continuously promotes the realization of green power construction incement engineering EPC projects, builds photovoltaic power generation systems for green power supply inconstruction, and adds sustainable green power benefits for the owner after the cement plant is put into operation,and actively promotes the transformation of energy structure of the cement industry chain.The Company is undertaking the adoption of new energy sources, to reduce carbon emissions and electricityconsumption. We actively explore the pilot project of the "net zero-electricity mine" and the layout of new businesspatterns for green development. Sinoma Mining Construction Co., Ltd. continues to promote the purely electrictransformation of mining equipment, and has successfully delivered the first 50-ton oil-fired mining truck purelyelectric "oil-to-electric remanufacturing" project, which achieves the purely electric drive of the whole truck, with anannual working time of more than 5,000 hours, a 10% increase in power, a reduction of about 400 tons of carbon, anda reduction of more than 30% in the maintenance cost of a single truck. Sinoma Mining Construction Co., Ltd.increased the number of new energy mining vehicle 266, resulting in an annual reduction of 14,400 tons of carbondioxide. Tianjin Mining Shannan Branch has essentially eliminated the need for externally sourced electricity in thecrushing process and belt conveying system through the deployment of photovoltaic power generation technology.Ecosystem protection
Actively promoting biodiversity risk assessments within its business activities, Sinoma International identifiesbiodiversity risks across multiple dimensions, including its business operation locations and adjacent areas,upstream supply chains, and downstream clients.
The Company plans to achieve a 100% biodiversity risk assessment rate for newly invested projects by 2025.
The Company has issued the Biodiversity Statement reviewed and approved by the Board's Strategy, Investment andESG Committee, pledging strict adherence to relevant laws and regulations in its operating locations. The statementcommits to ensuring that its own project development and operation sites are situated away from ecologicallysensitive areas and protected ecological zones, and that ecological and environmental protection for new, modified,and expanded projects is consistently organized and implemented in accordance with the "Three Red Lines and OneList" requirements.Comprehensive biodiversity protection measuresAvoidance measuresDuring the initial project site selection, we assess animal migration routes and consider the habitats of terrestrial, riverine, andmarine life to ensure that the plant sites are far away from biological habitats. For example, during the implementation of theChizhou CNBM Corridor Project by Sinoma International (Nanjing) and Sinoma Mining Construction Co., Ltd., the project route wasdesigned to pass under the river, avoiding direct disturbance to the river system and thus effectively protecting the integrity andstability of the river ecosystem. Strict isolation measures have also been taken for sensitive water areas such as pearl ponds and fishponds around the project. Temporary enclosures and protective facilities have been set up to effectively isolate the constructionarea from the surrounding water areas, preventing construction activities from damaging aquatic organisms and their habitats.Mitigation measuresWhen project lines have to traverse forest areas, we prioritize tunnel construction to minimize the damage to forest vegetation. Inaddition, the Company continues to optimize the piercing, blasting, digging and transport technology, research and application ofdust reduction and dust suppression technology, the implementation of slopes, roads, soil disposal sites, living areas, greeningprojects, to achieve the mine trees, birdsong and flowers, and man and nature in harmony.Restoration measuresWe carry out water and soil conservation and vegetation reconstruction projects during the mining process, increasing the greenarea of the mine through tree planting, grass seeding, and slope spraying. We actively explore new paths in the process of mineecological restoration and management to enhance the carbon sink capacity of local ecosystems. In 2024, based on the projects ofecological rehabilitation of mines, Sinoma Mining Construction Co., Ltd. has used carbon sequestration technology to reconstructthe mine's ecosystem.Recovery measuresWe systematically carry out ecological restoration initiatives. In 2024, Sinoma Mining Construction Co., Ltd. implemented a total of 54projects encompassing mine rehabilitation, ecological restoration, and geological hazard management. We planted an aggregate of314,512 trees of various species, dispersed 37,589 kg of grass seeds, and revitalized an expanse of 3.5535 million square meters.Transformation measuresWe carry out ESG awareness cultivation and requirements communication, including topics on biodiversity protection, at all levels.This effort aims to strengthen the concept of biodiversity protection among all affiliated enterprises and employees, mandating thatprojects continuously monitor the impact of their activities on the surrounding ecological environment to ensure the safeguarding ofecosystems and biodiversity.
Target:
Adhere to the green concept to ensure environmental friendly development
2024 Environmental, Social, and Governance Report
5960
Chuzhou China United Cement Corporation (CUCC) mineconstructed by Yanzhou Sinoma collects surface water thatinfiltrates into the mining pits, which, after natural sedimentation,is utilized for mine greening and dust suppression through waterspraying. This initiative has resulted in an annual reduction of190,000 tons in the consumption of fresh water.
Integration into the circular economy
Striving to integrate into the circular economy, Sinoma International actively explores ways to recycle resources, anddeepens its green development concept in all aspects.
Recycling and conservation of water
Sinoma International systematically tracks and monitors the availability of water sources at the operating locations,keeps abreast of real-time changes in the regulation of water harvesting sites and changes in water charges, assessesthe risk of water shortage and policy fluctuations, and adjusts the Company's water strategy in due course. TheCompany has formulated a number of water conservation measures to ensure the rational and effective use of waterresources. The Company clarifies water-saving responsibilities and strengthens supervision and inspection. In theprocess of engineering design and construction, the Company installs water-saving devices such as low-flow faucets,flushing systems and showerheads, and builds rainwater collection tanks to recycle rainwater and reduce theconsumption of construction water. In addition, to avoid water waste, the Company installs water meters andmonitoring facilities to continuously monitor water consumption and promptly detect and repair water leakage.In terms of water recycling, the Company actively promotes the construction of reuse system for gray water. Ahierarchical treatment system for rainwater, spray water and car wash wastewater were established through theconstruction of rainwater collection tanks and multi-stage sedimentation tanks. After precipitation treatment in thesand sedimentation tank and deep treatment in the sedimentation tank, it is used for watering the roads in themining area, supplying water for the spraying dust suppression system and maintenance of the vegetation.
Resource recyclingBy standardizing waste disposal, intensifying efforts in resource recycling, and promoting the reuse of waste, theCompany provides the industry with sustainable raw material sources to enhance the circular economy of theindustry.
?Optimization of ore allocation in the ore mining process to enhance the comprehensive utilization rate of waste
rock through the scientific allocation of high-grade and low-grade ores.?The waste ores produced during the mining process are treated and converted into building materials, roadpaving materials, or other valuable resources.?Recycle and reuse waste tires, applying reflective paint for flexible vehicle barrier protection, and re-purpose theminto on-site landscaping or safety signage.?The silt and fine sand produced by the sedimentation tank will be separated from the solid and liquid, and used
as the greening substrate material of the mine to achieve resource utilization.
Comprehensive utilization of mine waste
?Organize contractors for major works projects to prepare a special plan for reducing construction waste on the
construction site. This plan should clarify the goals and division of responsibilities for reducing construction
waste, and propose specific measures for source reduction, classification management, on-site disposal, and
emission control. The combined use of temporary facilities such as roads and enclosures with permanent facilities
should be promoted.?Encourage all engineering project contractors to recycle and reuse building materials, and their own employees
and contractors should be educated and trained. Implement digital processing and information management to
achieve precise blanking and fine management, thereby reducing the loss rate of building materials.?Improve the reuse rate of temporary facilities and turnover materials on the construction site, promoting the
repeated and efficient use of building materials and equipment to extend the life cycle of materials and products?Prioritize the use of high-strength, high-performance, highly durable, and recyclable materials during the building
design phase to ensure ease of disassembly and reuse. For example, steel formwork that has undergone
deformation or distortion during construction can be repaired and reshaped for repeated use, and waste wood
planks and squares can be recycled after lengthening and repair.
In 2024, the research results of Chengdu Design and Research Institute of Building Materials Industry Co.,Ltd. on the coupling of construction waste with building materials utilization were to the Hebei QingfengGreen Energy 2 million tons/year comprehensive utilization of construction waste project, achieving
Recycling of construction waste
100% resource utilization ofconstruction waste
zero emissions throughout
the entire process
Adhere to the green concept to ensure environmental friendly development
2024 Environmental, Social, and Governance Report
?Compliance with laws and regulationsWe comply with all applicable laws and regulations related to forest resources protection to ensurethat our business operations meet legal requirements.
6162
Sinoma Mining Construction Co., Ltd. extracts limestone ore in Gongga County, Shannan City. The waste rock, witha calcium oxide content ranging from 29% to 38%, is blended with high-grade ore to ensure the content iselevated to over 48%, meeting the requirements of cement production lines. This achieves zero discharge of minewaste materials, earning the title of "Zero-Waste Mine" awarded by Shannan City.
Comprehensive utilization of waste rock to create a zero-waste mine
Wood is necessary for the Company's engineering construction projects. During the processes of mine constructionand overburden removal in mining, surface vegetation needs to be cleared. Land reclamation involves the purchaseof saplings. Additionally, wood is necessary for the support of adits and tunnels, as well as in the construction ofscaffolding. Therefore, we prioritize the protection of forest resources and sustainable development throughout ourbusiness activities. We take numerous measures to avoid damage to forest resources, reduce land exposure andprevent soil erosion.
?Sustainable procurement policies
We develop sustainable procurement policies and require suppliers to provide wood and forestproducts from legal sources and obtain relevant forest certifications. Suppliers are encouraged toutilize forest resources managed in a sustainable manner.?Supplier compliance review
We conduct online or offline supplier review procedures to ensure they adhere to environmentaland social responsibility requirements, and implement relevant measures to prevent thedestruction of forest resources.?Wood materials replacementWe consider using steel or aluminum alloy formworks to replace wooden ones, or selecthigh-quality wooden formworks to increase utilization rate, thus avoiding excessive use of wood.
?Forest resource restorationWe carry out environmental protection actions such as factory greening and reforestation in minesto protect forest resources and improve the ecological environment.
Forest conservation
Simplification and reduction of packaging materialsSinoma International promotes simpler and less use of packaging materials to reduce resource consumption.
?During the shipment of equipment products, the Company adopts a packaging strategy aiming atlightweight, minimalist, and circular packaging to optimize space utilization and to reduce energyconsumption during transportation.?By using hard film rust preventive oil and local surface protection, we have transitioned some products
that originally required full-enclosure wooden crate packaging to framework or pallet packaging, therebyreducing the use of wooden crates.?We re-purpose the wooden crates used for packaging motors, reducers, and bearings to package
products that require enhanced waterproofing and rust prevention.?Recyclable metal materials are used for packaging in international engineering projects, and are
subsequently recycled as auxiliary materials for engineering construction.?Suppliers are supported in recycling their delivery packaging, which improves the efficiency of package
utilization and reduces waste generation, thereby promoting the green development throughout the
industrial chain.
Guide progress of the industry to enhance overall value for win-win results
2024 Environmental, Social, and Governance Report
6364Guide progress of the industry to enhance overall value for win-win results
Improve service qualitySinoma International is committed to building a world-class enterprise boasting premium products, outstandingbrands, leading innovation and modern governance. We prioritize quality assurance to fortify our brand, ensurecustomer-centric brand development, and empower brand building through technological innovation. Leveragingour role of leadership and influence in the industry, we strive to solidify and elevate the global status of the SINOMAbrand.
Create excellent products
Creating high-quality projectsSinoma International carries forward the spirit of "pursuing excellence and creating classics", focuses on high-qualityprojects in the process of "building a global brand", and effectively leads the development of the industry. In China,the Company has undertaken the construction of a majority of cement capacity. Outside China, it has constructednearly351 cement production lines in 91 countries and regions and completed a range of high-quality projects,
winning widespread praise among clients. In 2024, the entire staff sincerely kept their promises and fulfilled theirobligations, promoted high-quality construction of overseas projects, guaranteeing the stable progress as scheduledand high quality of the projects.
Guide progress of theindustry to enhanceoverall value for win-win results
?Improve service
quality
?Sustainablesupply chain
PAC certificates12 projects weresuccessfully launched
19 FACcertificates were granted
Guide progress of the industry to enhance overall value for win-win results
2024 Environmental, Social, and Governance Report
?The world's first set of cement oxyfuel-coupled carbon capture technology won the award
World Cement Association (WCA) Climate Action Technology andEngineering Award 2024?6 projects from the Equipment Group were awarded China Building Materials Engineering
Construction Association'sExcellence Award for General Contracting Projects6 projects from the Equipment Group and 3 projects from Sinoma International Intelligent
Technology Co., Ltd were awardedthe Excellence Award for Engineering Design5 projects from Sinoma International Intelligent Technology Co., Ltd were awarded theExcellence Award for Engineering Consultation?Nigeria Manufacturing Company of CBMI Construction Co., Ltd. (FABCOM) was invited to participate
in the Nigerian Architects' Conference and honored with
the Industry Outstanding Contribution Award?2 projects from undertaken by the Equipment Group, have respectively won the first and
third prizes in the Industrial Engineering Design Comprehensive
Category of the second batch of Anhui Excellent Survey and Design Quality Demonstration
Engineering for the 2022-2023 period?JSW project in the United Arab Emirates won the Quality Engineering Award of China
Building Materials Engineering Construction Association
The National Classical Project of General Engineering Contracting in
Survey and Design Industryissued by China Survey and Design Association
?3 projects of the Equipment Group were awarded first-class achievements
in the 2024 Construction Project Management Resultsby the China
Association of Construction Enterprise Management
6566
In 2024, the Company won a series of engineering and
technical service awards
Sinoma (Suzhou) successfully ignited the 10000t/dclinker cement production line for National CementCompany (NCC) in Ethiopia. This project utilizes globallyleading intelligent control systems, offering advantagessuch as high efficiency, environmental protection, andenergy savings. As the first 10000-ton cement clinkerproduction line in Africa to adopt second-generationnew dry-process cement technology, it was the cementproject with the highest degree of intelligence, the bestperformance indicators and the largest output scale inEthiopia, and is known as the"Star of Africa".
Case: Lemi Project successfully ignites, "Star of Africa" shines in Ethiopia
10000t/d clinker cement production line at Lemi
National Cement Company
Silica-calcium-based project is the first ultra-finegrinding project of Engineering Co., Ltd. Chengdu Designand Research Institute of Building Materials Industry Co.,Ltd. After the completion of the project, it can achieve100% of industrial solid waste in Wuan City“reduction, resource, harmlessness,industrialization” comprehensive disposaltarget, effectively reduce industrial waste residueoppression of land resources, improve the ecologicalenvironment and water and soil quality, and help toachieve the “Waste-free city”.
Case: Completion of the ultrafine grinding project to help realize a "waste-free city"
Silica-calcium-based project 3D model results map
The Equipment Group and Kangbo Environmental Technology Co., Ltd. have jointly developed the ShaanxiKangbo Environmental Project, focusing on the research, development, and industrial application of newtechnologies and products, such as producing lightweight and high-strength aggregates from oil sludge. Uponcompletion, the project will be capable of processing 100,000 tons of oil sludge and pyrolysis residue and130,000 tons of fly ash annually, providing an innovative solution for the large-scale and harmless treatment of
petrochemical industry waste.
Case: Oil sludge to light aggregates environmental protection demonstration line, filling the industry gap
Guide progress of the industry to enhance overall value for win-win results
Guide progress of the industry to enhance overall value for win-win results
2024 Environmental, Social, and Governance Report
6867
Strengthen quality controlThe Company places a high premium on quality control. To improve the overall production quality, the Company strives to achieve aregulated and well-organized business process by strengthening institutional building, process control and basic management. In2024, the cement mill and multiple-specifications rotary kilns independently developed by Sinoma-Tangshan Heavy Machinery Co.,Ltd., a subsidiary of CNBM Equipment Group, successfully obtained the prestigious theCE certification in Europe. Additionally,
CNBM Equipment Group's Quality Management Upgrade of Engineering Projects Based on Intelligent Construction was selected asone of the best practices in corporate quality management.
Based on the serial ISO standards, the Company has established and implemented internal systemssuch as the Management Manual for Quality, Environment, Occupational Health and Safety Systems,Compilation for Quality, Environment, Occupational Health and Safety Management SystemProcedures, and Identification and Evaluation of Laws and Regulations and Control Procedures forTechnical Regulations / Standards. It continues to optimize the quality management system. In2024, another4 enterprises affiliated to the Company passed the ISO9001 quality systemcertification, bringing the total number to50.
Institutional
assurance
The Company integrates the concept of risk management into every stage of productmanufacturing and service provision.?At the industry level, we closely follow the latest environmental protection standards of theindustry and integrate them into product development and service project approval to copewith the risks or opportunities brought about by industry technological progress andenvironmental protection requirements;?At the product level, we adopt scientific performance indicator measurement and supervision
methods such as data collection and analysis, expert consulting, and report compilation andevaluation are employed to identify influences and risks in product production and utilization,covering such aspects as energy consumption, resource utilization, waste discharge, carbonemissions, labor rights and interests, health and safety, and social responsibility. We activelyformulate corresponding improvement measures to deliver high-quality and low-risk productsand services;?At the regional level, during the localization of operations, the Company integrates specific
country risks into the consideration of product and service supply. It pays particular attentionto the risks brought about by local government policies on environmental protection andenergy conservation, personal safety of expatriate employees, religious beliefs, and nationalcultures.
Riskmanagement
?The Company continues to the “Five Star Project” program and actively created “Five
Star Projects” with high-level performance ability, fast-growth economic benefits, efficientmanagement level, high-standard safety engineering, and comprehensive support by Partybuilding. It has established a project management expert database, and built the evaluationindex system consisting of48 evaluation indicators in five categories. The Company organized
the first “Five Star Project” interim on-site inspection and the first exchange meeting,
projects of the affiliated enterprise have been awarded the "Five Star Project" by SinomaInternational.?The "Improvement of Limestone Sample Grade Qualification Rate in Cement Mines" declared by
the Equipment Group won the 2024 Tianjin Quality Research Outstanding Achievement Award.
Qualityevaluation
Provide dedicated and credible services
Sinoma International is committed to providing customers with high-quality services. To meet clients' lifecycle production needs, weintegrate capabilities in design and development, equipment manufacturing, construction, operation and after-sales servicecapabilities establish communication mechanisms, with strategic partners including Holcim, CRH, Heidelberg Materials,InterCement, Goodfound Cement, EPCC, and YAMAMA. We strive to build a premium brand image known for integrity, capability andsuperior service.
The Company places great importance on the protection of internal and customer privacy. To prevent the risk ofprivate data leakage, we have taken measures such as system access control, user logs, employee confidentialityclauses/agreements and privacy policy education. In addition, we have clearly outlined confidentiality obligationsin our contracts with suppliers, defining responsibilities for confidentiality and for breach.
Protectcustomer
privacy
At the governance level, the Board of Directors plays an overall supervisory role in the Company's informationsecurity. The chairman was once in charge of information security work. He led the formulation of the Company'sdigital development plan. Board members have extensive experience in information security management. At theexecutive level, the Company has set up a leading group on network security, with the Chairman and President asmembers, and formulated the Rules of Implementation for Network Security at the Sinoma InternationalHeadquarters, clarifying the reporting and management of information system security incidents. Measures such asawareness development, systems and measures improvement, and risk assessment are adopted to consolidate theinformation security foundation. Information security activities and information trainings are held on the occasionof the National Network Security Week, to ensure the continued effectiveness of network and information securitymanagement.The Company's portal system and the Internet procurement platform have been certified for National CybersecurityClassified Protection (Level 3). Its official website has been certified for National Cybersecurity Classified Protection(Level 2). The third-party vulnerability scanning and hacker attacks simulation are carried out every 1-2 years andupon the launch of new systems. We formulate an Information System Security Emergency Plan, and performregular maintenance and updates. We strengthen protection to avoid major information security incidents. Themechanism of linkage with suppliers is strengthened to find the management loopholes and process gaps afterdetection of problems as soon as possible. Those who violate the information security system are held accountableto prevent disturbance of business operations by information security incidents.
Guaranteeinformation
security
Focus oncustomer
needs
The Company conducts monthly, quarterly and annual tracking of contract performance quality and serviceprogress. Regular satisfaction surveys are carried out through questionnaires, phone calls, and communication.The Company regularly return visits to important customers to understand customer satisfaction and related needsregarding products, services, prices and delivery time. In addition, a coordinated after-sales service system isestablished to continuously improve customer satisfaction. In 2024,77% of the Company's customersparticipated in the satisfaction survey, among them,85% of the Company's important or long-term customers
participated in the satisfaction survey, reporting a satisfaction rate of97%.The Company has set up a smooth and efficient complaint handling mechanism and diversified communicationchannels, customizing solutions to meet different customer needs. We have established an efficient customercomplaint handling system that integrates the functions of classification, investigation and verification, planning,and follow-up and feedback.Respond to
customercomplaints
Target:
By 2025
the participation rate in satisfactionsurveys for the Company's important orlong-term customers will reach 90%
with customersatisfaction remainingabove 97%
Guide progress of the industry to enhance overall value for win-win results
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Lead the industry innovationAlways taking technological innovation as the main driving force, Sinoma International actively develops theinnovative management system, strengthens the construction of innovation platforms, and vigorously promotes theimprovement of independent innovation capabilities. In 2024, Sinoma International successfully organized the 3rdSinoma Cement Green & Intelligence Summit, which was 34% larger than the previous one, and showcased andpromoted Sinoma International's latest technological achievements at internationally renowned conferences such asthe WCA 2024 Annual Conference.
Improve the innovation management mechanism
Guided by its technological development plan, Sinoma International actively responsed to the national strategy ofinnovation-driven development, accelerated the implementation of the "open competition to select the best"incentive mechanism., and pushed forward the Company's 14th Five-Year Plan series of scientific research projectson schedule. In 2024, the Company comprehensively arranged for the second and the third batch of key researchprojects, the second batch of technological innovation projects in the field of equipment manufacturing, and the firstand the second batch of cutting-edge science fund projects during the 14th Five-Year Plan period, actively undertookmajor national innovation tasks, and held a signing ceremony for the major scientific and technological specialproject - open competition to select the best, during the 14th Five-Year Plan. 5 key scientific research projects in thefirst batch and 3 technical innovation projects in the first batch of equipment manufacturing field during the 14thFive-Year Plan have successfully passed the acceptance inspection.The Company Actively implements incentives for scientific and technological achievements, implement a policy oftreating research and development expenses as profits, and provide special rewards for the Company's science andtechnology awards and innovation awards, the award-winning achievements of the patent award, as well asauthorized invention patents and standards promulgation. Additionally, special performance rewards will be given tothe implementation teams of key projects.The Company strictly abides by the Patent Law of the People's Republic of China, the Copyright Law of the People'sRepublic of China and other relevant laws and regulations. It has formulated the Intellectual Property Managementand Protection Management Measures and the Science and Technology Achievement Award Management Measures,actively protecting intellectual property rights, and continuously cultivating new development momentum. In 2024,the Company conductedthe first patent award evaluation work, selected one gold award patent, four silver
award patents, and 48 excellent award patents, to guide and nurture high value patents. In addition, the Companyinitiated Intellectual Property Day activities to enhance employees' awareness of protecting intellectual property,actively playing the important role of intellectual property in serving innovation and supporting high-qualitydevelopment.
Promote breakthroughs in innovative research and development
Sinoma International has strengthened the strategic orientation of innovative development, addressed the scientificand technological problems of innovative development, focused on breaking through key core technologies, andaccelerated the transformation of scientific research achievements such as boiling calcination, low-carbon grinding,and hydrogen energy substitution. The world's first demonstration application of the cement full-oxygen combustioncoupling carbon capture technology was officially released. The Company's high-quality development was driven byscientific and technological innovation achievements.
?The project of Equipment Group, "Key Technology, Equipment and Application of Low-Carbon
Cementitious Materials Prepared from Bulk Inorganic Solid Wastes", wonthe first prize ofHubei Science and Technology Progress Award
"The R&D and engineering application of key technology and equipment for intelligent control ofcement preparation wonthe third prize of Anhui Provincial Science and TechnologyAward
?Sinoma International won 3 second prizes and 1 third prize of the Science and
Technology Award of the China Building Materials Federation?18 affiliated enterprises won 8 science and technology awards in China Building
Materials Machinery Industry in 2024, among which 2 first prizes 33 technological innovation awards, among which 2 first prizes
?The project of "Research, Development, and Application Demonstration of Integrated DeNOx
Technology in Cement Industry" of Tianjin CNBM Engineering Research Center Co., Ltd., a
subsidiary of CNBM Equipment Group, won the first prize of the Golden Bridge Award of
China Technology Market Association
The "Complete Set of Technology and Equipment for Cement Kiln Integrated DeNOx" of Tianjin
CNBM Engineering Research Center Co., Ltd., a subsidiary of CNBM Equipment Group, wonthe
second prize of the 2024 Tianjin Intellectual Property Innovation,
Entrepreneurship, Invention and Design Competition?Sinoma International (Nanjing) "Yushan South Intelligent Factory" won the second prize of the
second session of the innovation competition in building materials industry?Nanjing Mine of Sinoma Mining Construction Co., Ltd. won the first prize of the Science and
Technology Progress Award of China Blasting Industry Association in 2024?The project of Sinoma International (Nanjing), "Digital Design and Construction Technology and
Application of Green and Low Carbon Cement Plant", wonthe second prize in the technical
progress category of the Building Materials Science and Technology Award?The project of Research and Application of High-quality Green Development of Xiaoshangyu
Limestone Mine of Nanjing Mining Laiwu Branch of Sinoma Mining Construction Co., Ltd. wonthe
second prize of Shandong Circular Economy Science and Technology Award in
2024
In 2024, the Company and its subsidiaries won a series
of awards for innovation and R&D
Guide progress of the industry to enhance overall value for win-win results
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In 2024, 89 standard projects were in execution, including 2 in international standards and 38 in national standards.The Company published 17 national standards and 2 industry standards, and successfully signed the third batch ofmajor scientific and technological projects under the “open competition to select the best” program, the secondbatch of technological innovation projects in the field of equipment manufacturing, and the second batch of cutting-edge science fund projects.
In 2024
13 international
patents
192 authorized patents for
invention have been recorded
27 innovation platforms above
provincial and ministerial levelsaccumulated40 high-techenterprises
Digital intelligence engine
Sinoma International has accelerated the construction of a "digital intelligence" driving engine in accordance with"14th Five-Year Plan" development strategy, established the “14th Five-Year Plan Digitalization Strategy of SinomaInternational”. The Strategy has clarified the digital vision goal of building a fully digital Sinoma International andbecoming a world-class provider of intelligent solutions for the materials industry.
?Sinoma International Intelligent Technology Co., Ltd.'s "Data Elements Enabling Global Factory Operation and
Maintenance Service Upgrade" has been selected as one of the typical practice cases of data elements
application scenarios in the industrial field by the Ministry of Industry and Information Technology (MIIT)in 2024?Sinoma International Intelligent Technology Co., Ltd has won 4 national, 11 provincial and 12 industry-level
honors for digital intelligence.?Equipment Group's "AI empowered unmanned application case of whole-process mining and transportation in
Tiankuangshan" was selected as a typical application case of artificial intelligence by the Ministry of Industry
and Information Technology;
The case of "Building Material Equipment Manufacturing Digital Intelligence Application Based on Internet of
Things" was selected as a typical case of intelligent manufacturing by the Ministry of Industry and Information
Technology.
The industrial Internet empowerment and public service platform of Equipment Group were selected as the
"Building Materials Industry Industrial Internet Demonstration Project"
The "5G+ digital twin+ unmanned driving" intelligent mine construction program of Yuzhou Chenglei were
selected as "Intelligent Mine Pilot Demonstration Project"
"Building materials industry engineering construction digital collaborative technology and application" project
through the scientific and technological achievements appraisal
The "intelligent design solution for industrial engineering in building materials industry" and "R&D and
application of engineering management collaborative industrial Internet platform" were selected as new
products of new technologies in in digital design and intelligent construction categories respectively?CBMI Construction Co., Ltd., Equipment Group, and CNBM (Hefei) Mechanical and Electrical Engineering
Technology Co., Ltd. were successfully selected as "2024 Building Materials Industry Demonstration
Enterprises for Integration of Informatization and Industrialization"?CNBM Smart Industry Technology Co., Ltd. was awarded as the 2023-2024 Building Materials Industry
Management Innovation Enterprise, and its Intelligent Transformation to Improve Production, Operation and
Maintenance Management of Overseas Cement Plants won the first prize of the 2023-2024 Building Materials
Enterprise Management Innovation Achievement (Case)?CBMI Construction Co., Ltd. Supply Chain Platform Wins "2024 Industrial Internet Demonstration Project in
Building Materials Industry" and the achievement case of CBMI Construction Co., Ltd., "Digital Empowerment,
Intelligent Building for the Future, Digital Intelligence Construction Platform Helps Enterprises Digital
Transformation", won the first prize of the "2024 China Enterprise Reform and Development Excellent
Achievements"?Sinoma International Nanjing Yushan South Intelligent Factory won the second prize in the second Innovative
Design Competition of Building Materials Industry"Technology and Application of Digital Design and Construction of Green Low-Carbon Cement Plant" won the
second prize of the Building Materials Science and Technology Award of technical progress
In 2024, the Company and affiliated enterprises
achieved many honors in the field of digitalization and intelligence
Guide progress of the industry to enhance overall value for win-win results
Guide progress of the industry to enhance overall value for win-win results
2024 Environmental, Social, and Governance Report
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In terms of improving business management efficiency
Sinoma International Corporation focuses on its core businesses such as engineering services, high-end equipment,digital intelligence, and local operations. Centering on business links of the whole industry chain that includes"research, production, supply, sales, and service", it unifies data standards to achieve integrated empowerment fromdesign and construction through to business management, to comprehensively support the Company's multi-formatand international layout, and gradually transform itself into a digital solution service provider for the materialsindustry.In 2024, the Company officially released the design digitalisation standard and realized the online operation of thedesign empowerment platform, started the construction of the equipment ERP system, made a new breakthrough inthe "integration of industry and finance" with Sinoma International (Nanjing) as the pilot. The mine data operationmanagement system went online and realized data self-collection in28 projects. The global cement production
protection operation service platform was put into construction, and the "double carbon" management platform wascompleted and put online.Case: Digitally empowered supply chain, linking stable new futureCBMI Construction Co., Ltd.'s digital supply chain platform, with the help of Internet of Things technology, realizes the wholeprocess monitoring and real-time data analysis of raw material procurement, transportation, warehousing and other links, so asto grasp the supply chain dynamics, optimize resource allocation, and reduce costs in time. It provides strong support forefficient collaboration and sustainable development of the industrial chain and was selected as the "2024 Industrial InternetDemonstration Project of Building Materials Industry".
In terms of smart industrial transformation
Based on the industrial Internet platform and digital technology, the Company has worked from the five aspects ofsmart equipment, automated control, smart production, smart management and smart ecology, creating a top smartmanufacturing brand in the industry. The Company and Tianshan Materials jointly established an intelligent workinggroup to jointly promote the deep implementation of the intelligent factory standard version 2.0. The first phase ofthe "Tianshan Smart Brain" project was completed and launched online, and the "Research and Development andDemonstration Application of Digital Mine and Cement Factory Intelligent Laboratory System" was implemented inLuoyang Huanghun Tongli Cement Co., Ltd.Sinoma International Intelligent Technology Co., Ltd.'s Bijie SouthwestIntelligent Factory has built a 6000t/d clinker cement production linewith intelligent system, and it is equipped with 12MW pure low-temperature waste heat power generation project, compounddesulphurisation project, denitrification project and municipal sludgedisposal project at the same time. Typical scenarios of the projectinclude fully automated laboratory system, one-key start-stop andexpert optimization control system, intelligent inspection system,production monitoring and management integration IMOM platform,etc., which effectively improves the production efficiency, reduces thelabor intensity, enhances the product quality and stability, andreduces the comprehensive power consumption and standard coalconsumption by about 1% each.
Bijie Southwest Intelligent Factory
Case: Developing innovate intelligent solutions and creating efficient factory
Sustainable supply chainSinoma International has established a transparent, dynamic and traceable supply chain system. With the concept ofresponsible procurement in mind, it has taken measures to manage suppliers and control risks. Attention is paid togreen procurement and sustainable performance of suppliers and long-term, stable and sustainable partnership withthem to achieve sustainable and win-win cooperation.
Improve supply chain management
Sinoma International and its subsidiaries comply with the internal management systems such as SupplierManagement Measures and the Procurement Management System, and implement a strict supplier gradingmanagement system. Moreover, the Company manages suppliers by classifying them into qualified suppliers,potential suppliers and unqualified ones. In 2024, the on-line rate of the Company's procurement platform reached100%.
The Company has a strict assessment and selection process for suppliers. For instance,suppliers are required to submit the Supplier Information Registration Form. Additionally, ithas in place an overall investigation, assessment and rating process for suppliers through itsonline procurement platform and third-party professional platforms. Suppliers with a lowerrating are subject to a detailed investigation and review to reduce cooperation risks.Supplier
access
Supplier ESG assessment targets of Sinoma International Intelligent Technology Co., Ltd.Short-term targetTo increase the proportion of suppliers that will besubject to ESG risk assessment to 30% of thetotal number of existing suppliers.
Long-term targetTo achieve100% coverage ofsupplier ESG risk assessment.
The Company actively provides support for suppliers, and helps them understand thetechnical requirements of related projects and improve their expertise by organizing technicalexchanges and meetings. At the same time, the Company communicates to suppliers about itsfuture plans, and enters into strategic and framework agreements with high quality suppliersthat can supply on a long-term basis, to facilitate their better development.
Suppliermanagement
An evaluation review is conducted annually for all registered suppliers to ensure consistencywith the Company's Supplier Code of Conduct. Information review and on-site review areconducted for suppliers that perform during the year, covering price, product quality,environmental performance, production safety, and human rights protection. Suppliers areurged to formulate improvement plans to avoid potential conflicts with ESG requirements inrespect of unqualified matters.
Supplierevaluation
Guide progress of the industry to enhance overall value for win-win results
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In 2024, the Company conducted supplier ESG performance competency assessment training for employees in the procurementdepartment to enhance the procurement department team's ability to improve supplier ESG performance. Through the systematiccourse, the procurement team gained a deep understanding of ESG principles and their importance in corporate procurementdecision-making, and mastered how to effectively incorporate ESG requirements into supplier evaluation, contract managementand daily communication, laying a solid foundation for the Company and its suppliers to move towards a greener and moreresponsible future together.
In 2024
100% coverage of suppliers for
issuing integrity notification letters orsigning integrity agreementsThe Company strengthens the regulation of supplier integrity, and focuses onpreventive measures by requiring all suppliers to submit a commitment to integritywhen accessing Sinoma International's online procurement platform. It requires thesigning of Procurement and Subcontracting Integrity Agreements at the time ofsigning contracts with suppliers, and provides supervision and reporting channelsto restrict procurement behaviors.
?The Company conducts regular special integrity inspections on theprocurement and outsourcing business of its affiliated enterprises throughtelephone interviews and other forms;?Each affiliated enterprise dispatches working groups to the project
department from time to time, and conducts in-depth evaluation on theeffect of the implementation of the supplier's integrity managementthrough on-site inspection, face-to-face interview, data consultation andother forms.?The Company conducts regular talks on integrity with key personnel in the
procurement department, organizes warning meetings on compliancemanagement and integrity risk, holds regular sessions on integrityeducation and warning education.?The Company organizes return visits to suppliers or interviews with
suppliers at irregular intervals to communicate and understand theintegrity of the Company's personnel during business transactions, andpromote the integrity cooperation with suppliers.
In 2024
100% of the affiliated enterprises
have conducted or accepted specialinspection, on-site inspection andreturn visits related to suppliersintegrity
The Company maintains close communication with suppliers. It conducts communication andtraining to suppliers in accordance with the Company's annual planning, developmentdirection and project requirements. Also, it organizes technical exchanges on ESG topics suchas “Dual Carbon” goals, health and safety management, and labor risk management toshare best practices and benchmarking.
Suppliersupport
A supplier selection and phase-out mechanism has been established. We pay close attentionto situations that violate the Company's basic ESG requirements, such as quality issues,disputes over payment, employment risks, and noncompliance with energy conservation andenvironmental protection standards, and put forward rectification requirements for suppliersidentified. For suppliers that refuse to rectify within the specified time or perform poorly, weput them on the supplier blacklisting.
Supplierphase-out
Reduce supply chain risksSinoma International actively identifies environmental and social risks in the supply chain and pays attention to theESG performance of suppliers throughout the duration of cooperation. It integrates ESG requirements to the supplieraccess mechanism to reduce supply chain risks.
The Company classifies suppliers into qualified suppliers, potential suppliers and unqualified suppliers based on the supplier'sbusiness performance, cooperative performance, product quality and the following aspects of sustainability risk.?Environmental management: whether the supplier has been subject to administrative penalties for environmental problems,etc.;?Social responsibility: whether the supplier has been involved in labor disputes and other legal entanglements, or has been
subject to penalties from government for safety issues, etc.;?Corporate governance: whether the supplier has been involved in corruption, bribery, conflict of interest or impropercompetition, etc.;?Specific risks: if some countries are stricter with suppliers in terms of social responsibilities, suppliers will face higher social risks;
Producers in certain industries or specific commodities of which production processes may involve high levels of pollution or
energy consumption are exposed to higher environmental risks.
Green, low-carbon and eco-friendly products and services are prioritized for procurement. At the bidding stage ofprojects, the Company assesses the suppliers' environmental policies, environmental management systems and theirlevel in resource use and waste management, and requires to meet corresponding environmental and emissionindicators and energy efficiency levels. Besides, we pay great attention to product materials and productionprocesses, organizing expert groups to carry out strict technical evaluation. The aim is to ensure that the selectedproducts are low in consumption and low in pollution during production. During cooperation, the Company includessubcontractors in its unified management, and defines the safety and environmental responsibilities, obligations,specifies the safety and environmental access requirements for equipment and facilities, construction machinery andfacilities. At the stage of evaluation on cooperation, the Company regularly supervises and reviews the environmentalperformance of audit suppliers to ensure their compliance with contract and environmental requirements, and tojointly solve environmental management issues.
Ensure the supply chain stability
Sinoma International attaches great importance to the security and stability of the supply chain, and maintainsconstant attention to external factors such as wars, geopolitics, international relations and sanctions.Actively expand supplierbase every year andestablish a multi-warehouse managementsystem to prevent the riskof supply disruption andensure the continuity ofsupply;
Adopt the backupstrategy to managesuppliers of key goodsand pay close attentionto market changes toavoid the risk of supplychain disruption;
Make comprehensive arrangements for delivery dates. Weformulate detailed delivery plans for projects in key regions,maintain communication with suppliers, freight forwarders,ports, shipping companies and other relevant parties, keeptrack of shipping routes and other transportation risks, andprepare various delivery channels to ensure that the goodscan reach the designated locations in a timely and safemanner.
Supplier management training for procurement staff
Supply chain integrity supervising and auditing
Identifying sustainability risks of suppliers
Shoulder the mission of the times in pursuit of global development
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Shoulder the missionof the times inpursuit of globaldevelopment
?Green and
low-carbonproducts
?Respond toclimatechange
?Promotepeople'swell-being
Shoulder the mission of the times in pursuit of global development
Green and low-carbon products
As a global leader in cement equipment service, Sinoma International assumes the responsibility of leading theindustry's transition to green and low-carbon development. The Company is committed to providing owners withenvironmentally friendly and high-quality products and services. Leveraging its independently developed andglobally leading cement technology and equipment service system, the Company actively develops low-carbondevelopment technology pathways for the entire cement industrial chain to help industries continuously improvecarbon reduction benefits.The Company seizes the opportunity of clean technology, takes green and intelligent as its core developmentstrategy, and integrates this concept into the Company's products and services. In 2024, the Company formulatedinternal green product screening criteria to form a Sinoma International green product directory.
Screening criteriaGreen products
Principle I: Applicationof green technologies
Value: Reduce pollutants and
carbon emissions during its ownconstruction, manufacturing, andoperation, as well as during the useof equipment products and theoperation of cement productionlines by customers and owners.In 2024, the revenue from greenproducts reachedRMB
9.383 billion
accounting for
20.3%
of the Company's total revenue
Principle III: Productsthat deliver significantgreen benefits to thirdparties (customers,society, communities,etc.)
Principle II: Productsthat have obtained agreen low-carboncertification
Products aimed at mitigating global
climate changeValue: Promoting waste recycling,reducing the use of fossil energyacross industries and society, anddriving the transformation of theenergy mix. This reduces carbonemissions, contributing to agreener society.In 2024, the revenue fromproducts aimed at mitigatingglobal climate changeRMB
8.688 billion
Among them:
In 2024
the Company's investment in green R&D reached RMB 1.770 billionIn 2024, the Company invested 154 million yuan in the construction of alternative fuel processing center project andSinoma (Handan) solid waste resource processing and production of rock fiber board investment projects,distributed photovoltaic projects, etc. By 2025, the Company plans to invest500 million yuan in the field of greenenergy and environmental protection, focusing on the distributed new energy, alternative fuel processing center, andother projects, to support the green and low-carbon development of society.
Shoulder the mission of the times in pursuit of global development
2024 Environmental, Social, and Governance Report
?Sinoma International (Nanjing) promotes the Jiangsu Province's major scientific and technological achievement
transformation project—the R&D and industrialization of key technologies for low-carbon combustion processes andequipment in cement kilns with40% fossil fuel substitution. By developing vortex combustion devices, fluidized bed
low-temperature gasification technology, and high-temperature dust and chlorine removal technology, the project hasovercome the technical bottleneck of directly suspending the combustion of refuse-derived fuel (RDF) in decompositionfurnaces. The fossil fuel substitution rate was increased from the current domestic advanced level of 30% to over 40%,with the low-quality alternative fuel substitution rate reaching an internationally leading level. Compared to using onlyfossil fuels, this reduces the total CO
emissions from cement production by more than 10%.
8079
R&D of low-carbon emission equipment
Sinoma International has been continuously making breakthroughs in the R&D and manufacturing of low-carbonemission equipment and promoting the application of low-carbon and ultra-low emission technologies in cementproduction processes. Tangshan Heavy Machinery has been awarded as a single champion enterprise ofmanufacturing industry in Hebei Province. Technical equipment and projects like green and low-carbon cement, theutilization of solid waste, large-scale alternative fuel technologies were put into use in Egypt, Saudi Arabia, andPoland, where there have been many overseas programs, creating green value for customers in all-round way.
?The company's complete set of cement grindingsystem was successfully applied in the EPCC project inSaudi Arabia.?The slag vertical mill entered overseas markets such asMalaysia for the first time.?The large cement vertical mill was successfully applied
in Africa's first 10,000-tonne cement production line.?The world's first set of high-efficiency, low-resistanceseven-stage preheater was successfully ignited inXuzhou Longshan project.
?The Equipment Group's new key technologyequipment for low-carbon cement completed pilotproduction.?The phosphogypsum resource decomposition andsulfuric acid co-production cement project passed thefinal acceptance.?The coal gauge suspension calcination silicon-aluminamaterial pilot line was successfully put into production.?The first large-scale steel slag ultrafine grindingprocess was fully implemented in Hebei Qingfengproject.
In 2024
Case: Slag Micro Powder Production Line, New Benchmark for Circular EconomyIn the field of slag and solid waste treatment, Central Asia Equipment, a subsidiary of the Equipment Group, with its owntechnology and product advantages, used slag vertical mills totransform industrial waste into high value-addedproductsand realized the wide application of slag vertical mills in the international market, with a total of nearly 500 sets ofslag vertical mills for sale, which helps the global building materials industry in its green transformation. In 2024, Central AsiaEquipment successfully entered the Malaysian market and signed the project of Malaysia's annual production capacity of 1million tons of slag micropowder production line, which uses slag micropowder for the production of slag cement, and reducescarbon dioxide emissions by about800,000 tons/year compared with the traditional cement process, effectively realizing the
recycling of slag resources, with remarkable energy-saving and emission reduction.
Through collaboration with external resources, carbon management system, and digital transformation, theCompany reduces carbon emissions from equipment production. At the same time, the Company activelyparticipates in low-carbon product certification and improves the transparency of the carbon footprint evaluation onits products to help customers better understand the carbon emission status of its products. All this helps theCompany promote green, intelligent, and efficient equipment manufacturing.Case: R&D of Low-Carbon and Efficient Grinding Equipment to Advance Cement's Low-Carbon TransformationAn efficient grinding semi-industrial test platform was established by the Equipment Group. Key technologies and completeequipment for raw material activation calcination and cement graded grinding were developed, achieving a carbon emissionintensity of≤470 kg/t for 42.5-grade cement, a 27% reduction compared to traditional grinding technologies.
In September 2024, the graded grinding project completed performance tests at a Heidelberg cement plant in Thailand.Following the project's official operation, the clinker factor for different cement varieties decreased by 7-15%, and cement carbonemissions were reduced by 60-100 kg/t, leading to an annual reduction of70,000-120,000 tons of CO
emissions.
Research of low-carbon technologiesSinoma International vigorously develops green technology, which has researched and applied carbon reductiontechnologies, and developed carbon capture and utilization technologies. The Company strives for breakthroughs inenergy conservation and carbon reduction technologies with respect to “alternative fuels”, “clay calcination”,and “oxy-fuel combustion”, constructing a solid technical foundation for the low-carbon development of thecement industry. In 2024,the first new energy storage laboratory was successfully inaugurated.
?The Equipment Group actively carried out research on online carbon emission
monitoring technology for cement plants, and the independently developed
"Online Monitoring and Measurement Technology for High-Flow CO
Emissions
under Complex Flue Gas Conditions" successfully passed the scientific and
technological achievement appraisal and carried out pilot research in Fujian
Sanming Southern Cement Co.. to continue to promote the cross-validation of
online carbon emission monitoring and accounting methods, further improve the
accuracy of measurement and reduce the equipment costs. Since April 2024, it has
reported monitoring data and comparative analysis reports to the General Station
of Ecological Environment Monitoring on a regular monthly basis, and exchanged
experience at the National Pilot Work Promotion Meeting on Deepening Carbon
Monitoring and Assessment for Thermal Power, Iron and Steel, and Cement, and
receiveda letter of appreciation from the General Station of
Monitoring of the Ministry of Ecology and Environment.?Sinoma International Intelligent Technology Co., Ltd. developed precision metrology technology for key flue gas
parameters, including CO? emission concentration and flue gas flow at cement kiln exhaust ports. The Company
participated in the pilot work of the Ministry of Ecology and Environment for the cement industry and the formulation of
carbon online monitoring standards by the China National Environmental Monitoring Center. It also undertook the pilot
project of carbon online monitoring for Changshan Southern Cement Co., Ltd..?"Key Technologies for Low-Energy Consumption Calcination Systems in Cement Plants", "Intelligent Wet Flue Gas
Desulfurization Systems and Equipment for Cement Kilns", "Key technology and equipment for co-disposal of domestic
waste in cement kilns", and "Core equipment and technology for final grinding in external cycle cement vertical mills” of
Sinoma International Intelligent Technology Co., Ltd. were selected into the Recommended Catalogue of New
Technologies, Products and Materials of Jiangsu Province's Building Materials Industry.?Beijing Triumph International Engineering Co., Ltd. participated in the National Key R&D Program "Common Key
Technology and Demonstration of Carbon Capture in Combustion of Typical Industrial Processes", and the project's
"Industrial Technology Scheme for Carbon Capture in Cement Industry Combustion" passed expert review.
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2024 Environmental, Social, and Governance Report
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Provision of low-carbon servicesSinoma International has accelerated the landing of green energy and environmental protection business, developedalternative fuel industry chain platform and green energy professional platform, and helped promote the energytransition of global owners and other industrial and commercial users.
Sinoma OverseasDevelopment Co., Ltd?Has developed a business development systemcovering wind, electric, and photovoltaic EPC, windpower hybrid towers, smart microgrids, new energydevelopment, and new energy storage. It has a totalconstruction scale of
2.3GW. The company has
cumulatively served 21 smart microgrid and energystorage projects for basic building materials andnew material enterprises, with a construction scaleof129MW. 9 projects, including tonglu sanshi and
zhuzhou new materials, have achieved gridconnection and power generation.
Sinoma InternationalEnvironmental Engineering Co., Ltd?Is actively building an alternative fuel industry chainplatform, establishing an integrated business systemfor the collection, storage, processing,transportation, and use of alternative fuels. Itprocesses household waste, waste textiles, andwaste tires into alternative fuels for cementproduction lines, bringing significant carbonreduction benefits to the industry chain. Customizedalternative fuel supply services have been providedto46 cement plants, increasing the fuel substitution
rate by
2.5 percentage points, with benchmark
plants such as hefei south and CUCC nanyangachieving substitution rates of over 35%. By theend of 2024, sinoma international environmentalengineering co., Ltd. Had built11 alternative fuelprocessing centers with an annual production andprocessing capacity of
1.2 million tons.
Incoming solid waste reception and disposal target
This year, the Company disposed of andconsumed a total of377 thousand tons ofincoming solid waste, with the disposing capacityof over
1.2 million tons
By 2025, the Company plans to achieve acapacity of
2.35 million tons per year
for incoming solid waste consumption anddisposal.
Case: Photovoltaic power generation transformation and application leads green energy transitionAt the beginning of 2024, Sinoma Overseas Development Co., Ltd. collaborated with Turkey's Limak Cement tocomplete the first phase of a
28.2MW photovoltaic power generation project. The project covers four plots across
three cement plants of Limak Cement, with the scope of work including design, procurement, supply, installation,civil construction, and commissioning. The successful signing of this project marks a new chapter in thecooperation between the Company and Limak Cement in the green energy field. The Company will continue tosupport Limak Cement's strategic plan for energy saving and carbon reduction, promoting its green development.
Creation of a low-carbon factory
With its low-carbon technology advantages, Sinoma International provides global owners with high-quality green andlow-carbon engineering services to help them accelerate the decarbonization process and address the globallyincreasing pressure of energy conservation and carbon reduction. Up to now, we have successfully built world-classgreen and intelligent demonstration projects in locations such as Huzhou Huaikan Southern Cement Co., Ltd,Wuzhong Saima in Ningxia, and the K6 project in France and CUCC Xuzhou first-line energy saving, emissionreduction and carbon reduction technology reform project and other emission reduction benchmarking projects.
Case: Technological innovation drives service upgrades to create a green transformation model for cementplantsFor the CUCC Taishan 5000t/d Clinker Production LineEnergy-saving and Emission-reduction TechnicalRenovation Project, undertaken by the Equipment Group onan EPC basis, the standard coal consumption per ton ofclinker reduced by18 kgce/t.cl, the comprehensivepower consumption per ton of clinker decreased by
kWh/t.cl, and the ammonia water usage decreased by 3kg/t.cl, and the production cost per ton of clinker decreasedby approximately RMB 32 yuan. All indicators have met andexceeded the national first-level energy consumptionstandards, setting a benchmark for the greentransformation of the industry.Sinoma International (Nanjing) developed the Wuzhong Saima Project, which utilizes the high-efficiency, low-resistance, low-nitrogen six-stage preheating and pre-decomposition system independently developed by itself. This system significantlyoptimizes production operations, reduces energy consumption, and enhances labor productivity. The project makes full use oflocal industrial waste residues (such as iron tailings and fly ash) as raw materials and additives, achievinggreen utilizationof solid waste resources.It is a modern factory integrating green, intelligent, and high-end features. The project has beenawarded numerous honors, including "2021 Intelligent Manufacturing Demonstration Factory" by the Ministry of Industry andInformation Technology and three other ministries, "Intelligent Factory" and "Green Factory" by the Ningxia Autonomous Region,"Typical Case of Intelligent Manufacturing and Digital Transformation in the Building Materials Industry", National Green Mine,and 2023 Energy Efficiency "Front Runner" in key industries. These accolades have established the project as a benchmark forgreen and intelligent development in the cement industry.
CUCC Taishan 5000t/d clinker production line
Panorama of Wuzhong Saima
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For red areas
?Ensure to avoid and
transfer risks, andprioritize theimplementation ofpreventive measures
?Strict control of risksand specialization ofadditional controlmeasures
For orange areas
Respond to climate change
Sinoma International actively responds to the national "14th Five-Year Plan", the "Dual Carbon" goal and theImplementation Plan for Carbon Peak in Building Material Industry, and follows its Comprehensive Risk ManagementSystem. With reference to the framework recommended by the Task Force on Climate-related Financial Disclosures(TCFD), Sinoma International proactively identifies operational risks that may arise from climate changes and activelycarries out green innovation research and development, so as to provide professional support for the industry tocope with climate risks and help the society to carry out low-carbon transformation.
Climate change governanceSinoma International formulates the Implementation Rules of the Strategy, Investment and ESG Committee of theBoard of Directors of the Company, and determines the supervision and management responsibilities of climate-related matters. The Strategy, Investment and ESG Committee is generally responsible for the climate change-relatedmatters of the Company, including overall monitoring of climate risks and opportunity identification, formulation andreview of the Company's sustainable development vision, and supervision on the implementation of goals andstrategies. The committee also reviews climate change-related matters every year, and reports to the Board ofDirectors.The Ecological and Environmental Protection Leadership Group, chaired by the Chairman and President, isresponsible for overseeing the comprehensive development of the Company's ecological civilization. It organizes andimplements various tasks related to peaking carbon emissions and achieving carbon neutrality. In the process ofstrategy formulation, enterprise development and project execution, the leading group always pays attention to therisks and opportunities brought by climate change. Under the leadership of the Company, each affiliated enterprisehas set up a leading group to respond to climate change issues across disciplines.
Climate active strategies
Sinoma International takes climate change as an important issue, and integrates it into the Company's sustainabledevelopment strategy. Climate change-related matters are also embedded into all aspects of the Company's overalldecision-making, production and daily operation, which helps alleviate global warming and achieve the "DualCarbon" goal as scheduled.The Company's exposure to climate change involves updates in policies and regulations, the application of emergingtechnologies, shifts in market demand, and other fields. Climate risks are prioritized based on their impact andlikelihood of occurrence, and effective management measures are established accordingly.
In the climate risk matrix above, different colors represent different levels of climate risk, and risks located in areaswith different colors will be subject to different levels of control:
? Close monitoring,but no additionalcontrol measures
For green areas
Likelihood
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2024 Environmental, Social, and Governance Report
Risks arising from climate change
Riskcategories
Risks arisingfrom climatechange
Potential impacts on theCompany
Timehorizon
Response measures
Transformation riskPolicies andlaws
Stricterregulatorycompliancerequirements
?Non-standard informationdisclosure will result in highercompliance penalties from thegovernment or regulators
Mediumterm
?The Company pays closeattention to the latest lawsand regulations,governmental requirementsand targets, and formulatesplans and measures inaccordance with the newlyintroduced or updatedrequirements and targets.MarketIndustry
transformationtrends
?Affected by the international carbonreduction situation, the cementindustry is facing transformationpressure and restrictive policies
Mediumterm
?The Company focuses on the
industry trend and analyzesthe advantages anddisadvantages of emergingtechnologies brought by newentrants, and the substitutionrisks for current products andtechnologies. The Companyalso applies environmentalprotection technologies,including waste heat recoverypower generation,comprehensive technicalupgrading in energyconservation andconsumption reduction, andthe use of clean energy.
Emerging low-carbontechnologies
?Newcomers to the market haveincreased the Company'scompetition pressure in technology
MediumtermShortage of rawmaterials andenergy
?Water scarcity makes it difficult toobtain water, increasing theCompany's water costs?Swelling fuel prices bring abouthigher project costs and lower costeffectiveness
Mediumterm
TechnologyMore stringent
environmentalstandards
?Increasing investment in cleantechnology leads to higher operatingcosts
Short term?The Company actively
promotes the construction ofgreen factories and greenmines, and expands the R&Dand application of green andclean technologies.
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Risks arising from climate changeRiskcategories
Risks arisingfrom climatechange
Potential impacts on theCompany
Timehorizon
Response measuresPhysical risksAcute risksExtreme
weather events
?Strong winds, high temperature,extreme cold, land subsidenceand other extreme weatherevents affect the constructionschedules, construction safetyand asset safety
Long term?The Company analyzed typically
good responses to extremeweather events in recent years. In2024, 17 of the Company'senterprises have emergency plansto deal with extreme weather. TheCompany strictly implementssafety regulations such as theTechnical Code for Safety ofWorking at Height of BuildingConstruction and Safety OperationProcedures for Working at Height,ensuring the implementation ofemergency plans.Chronicrisks
Increasing hotand coldweather
?Increasing safety hazards in the
work environment require moreinvestment in securingemployees' health and safety?Decreased stability of energysupply impels the Company tooptimize energy structure?Incompatibility of the selected
vegetation with the climate atthe mine sites results in higheroperating costs
Long term?The Company constantly monitors
related climate change to maketimely adjustment to work plansand reduce safety hazards in thework environment.
Opportunities arising from climate changeOpportunitycategories
Opportunities arising fromclimate change
Possible impacts on the CompanyTime
horizon
Products andservices
Innovation and technologydevelopment
?Respond to the market by developing technologiessuch as renewable energy?and carbon capture to enhance the Company'sresilience and competitiveness
MediumtermMore low-emission productsand services
?Increase revenue by providing low-carbon products orservices
MediumtermEnergy sourcesUse of low-emission or
renewable energy
?Lower operating costs?Tap into green services to increase operating income
Long term
Targeted plans and measures have been implemented to address the short-term, medium-term, and long-termimpacts from climate change. These efforts aim to avoid and adapt to adverse effects while seizing opportunitiespresented by climate change.
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The Company strengthens energy consumption and carbon emission data statistics. The Company is activelyparticipating in low-carbon product certification and improving the transparency of product carbon footprintevaluations. By 2024, the Company had compiled and completed the carbon emission accounting guidelines andtemplates, commissioned third-party carbon audits, and conducted two training sessions for employees andmanagement, including "Dual Carbon Reporting and Policy Interpretation" and "Achieving Carbon Peaking andCarbon Neutrality from Sinoma International's Perspective".
Establish and improve the carbon management system
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Dual Carbon Implementation PlanIn 2024, in accordance with the "Guiding Opinions on Promoting the High-quality Development of Central Enterprisesto Achieve Carbon Peaking and Carbon Neutrality" issued by the State-owned Assets Supervision and AdministrationCommission of the State Council and the 'Implementation Plan for Carbon Peaking and Carbon Neutrality' issued byChina National Building Material Company Limited, the Company formulated the "Carbon Peaking and CarbonNeutrality Implementation Plan of Sinoma International Engineering Co., Ltd." This plan clarifies the timeline androadmap, positioning the Company as a leader in achieving the national and Group's "dual-carbon" goals.
The Company adheres to the strategy of equipment large-scale, specialized, new energy, and intelligentdevelopment to optimize and efficiently utilize energy. The Company actively promotes the electrification of newenergy mining vehicles and non-road mobile machinery, conducting cost-benefit and carbon reduction analysesof new energy vehicle use.
Accelerate the electrification of mining equipment and facilities
The Company is vigorously promoting the application of oil-to-electricity technology, encouraging qualified unitsto strengthen the construction of photovoltaic and wind power generation, continuously improving the energystructure, enhancing energy efficiency. The Company actively explores energy storage technologies to address theintermittency of renewable energy and ensure energy supply stability.
Accelerate the transformation of production and life energy structure
The Company has established and improved incentive mechanisms to recognize and reward departments andindividuals who excel in energy conservation and emission reduction efforts. This has motivated employees andensured the effective implementation of measures. At the same time, the Company strengthens the evaluation andsupervision of the implementation effects of energy conservation and emission reduction measures, ensuring theeffective implementation of various measures, and promptly rectifying any non-compliance.
Improves the incentive mechanism for energy conservation and emission reduction
Through further cooperation with universities and research institutions, we'll strive to develop and manufacturelow-carbon equipment, promote the application of low-carbon and ultra-low emission technologies in cementproduction, and develop carbon capture and utilization technologies. We will try to make breakthroughs in threeaspects: alternative fuel, clay calcination and oxygen-fuel combustion, and build creative green factories, so as toprovide high-quality green low-carbon engineering services for global owners, and help them accelerate thedecarbonization process.
Invest more in technology research and development to enhance carbon reduction benefits of the industry
We will closely monitor changes in domestic and international policies and regulations, particularly policydevelopments such as the carbon border adjustment mechanism in developed countries and regions, includingthe EU. We will strengthen the research and interpretation of policies, make preparations in advance, reasonablyadjust the development strategy and the mode of production and operation, as it works to reduce the impact ofpolicy risks on enterprises. We actively participate in international co-operation projects, strengthen technicalexchanges and co-operation with international counterparts, introduce advanced low-carbon technologies andmanagement experience, and promote international development.
Strengthen policy research and international cooperation
We will seek to strengthen communication and cooperation with upstream and downstream enterprises to jointlybuild a green and low-carbon industrial chain. As for the procurement of raw materials, we will give preference toenvironmentally conscious, green-minded suppliers. In the sales process, we will try to guide customers to adoptlow-carbon methods of use and maintenance. Through industrial chain collaboration, we seek to realize resourcesharing and complementary advantages as a way to jointly promote the green development of the whole industry.
Promote the coordinated development of the industrial chain
Climate risk managementSinoma International attaches great importance to climate risk management, and identifies and assesses risks andopportunities arising from climate change through the following processes, which serves as a reference for theCompany's strategic planning and business development.
Build a risk information base that includesclimate risks and opportunities, consideringbusiness and product characteristics, includingthe impacts on the Company's finances,production, assets, supply chain and staff.Fill in the major risk control form, define themain and assisting departments responsiblefor major risks, formulate risk managementstrategies and solutions, and submit them tothe person in charge for approval.
Complete the Major Risk Assessment Results Tableby identifying and evaluating climate change-related risks in terms of both risk impact andlikelihood, and analyzing the level of these risksassociated with climate change.Combine the results of the assessment to draw arisk heat map with the impact and likelihood asthe axes, and clarify the corresponding controlmeasures according to the different areas.
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Note: "zero emission" refers to zero purchased electricity, zero fossil fuels, zero primary resources, zero carbon emissions, and zero wasteemissions.
Climate-related indicators and targets
Targets
The penetration rate of renewable fuels for new construction vehicles purchased by miningenterprises will reach40%
Investment in green and low-carbon technology research will account for 3.60%of the output value
100% of the Company's production enterprises and newly invested production andoperation projects will have emergency plans to deal with extreme weather
The Company will provide the customers with "zero emission mining
and zero emission cement"solution.
By 2025
The carbon emissions intensity includingScope 1 and Scope 2 will be reduced by2%
Energy consumption per RMB10,000 revenue will be reduced by2%
By 2030
Promote people's well-being
Sinoma International has developed a global vision and demonstrated the responsibility of central enterprise. Wepaid back to society by concrete efforts including engaging in public welfare and charity services, actively supportingrural revitalization and continuously delivering foreign aid, helping to build a community with a shared future formankind.
Contribute to economic growth
Sinoma International stays committed to giving back to society while seeking its own stable operations anddevelopment. We will continuously improve investment efficiency, strengthen cost-competitive advantages, andenhance overall economic performance, achieving a balance between economic growth and social responsibility.We strictly abide by the laws and regulations of various countries, and actively fulfill our tax obligations. In addition,according to the tax policy issued by the Ministry of Finance and the State Taxation Administration of the People'sRepublic of China, we promise to use the arm's length principle for transfer pricing. We won't transfer the valuecreated to low tax jurisdictions, or avoid taxes through confidential jurisdictions or so-called "tax havens". In 2024, theCompany saw a tax payment up to RMB
1.908 billion, contributing to the economic development of the country
and region where it is located.
Commitment to public welfare and charity
Sinoma International is enthusiastic about social and public welfare undertakings and contributes to society withconcrete efforts. We actively donate to the Group’s “Well-constructed" fund, encourage our employees tovolunteer, and regularly carry out charitable donations, disaster relief and emergency relief, project assistance andother activities.
Shoulder the mission of the times in pursuit of global development
The Company donated RMB
5.3771 million to the “Well-
constructed" fund and other charitable institutionsIn 2024
1,562 employeesas volunteers
Contributed a total of6,798
hours in the year
Participating in or supported 9 activities related to protecting therights and interests of women, children, or people with disabilities
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2024 Environmental, Social, and Governance Report
Records of assistance provided by Sinoma International in Yongshan County
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Since its operation, the GBM Building Materials Production Basein Uzbekistan, of Beijing Triumph International Engineering Co.,Ltd. has driven the high-quality development of the localconstruction industry and infrastructure through its high-qualitybuilding materials, making significant contributions to regionalinfrastructure improvement. It has been highly praised by thelocal deputy district mayor, and has set an example as for how toimplement the "Three Principles of Win-Win Cooperation" ofSinoma International.
Deputy District Mayor of Uzbekistan visited GBM BuildingMaterials Production Base
Case: Win-win cooperation between China and Uzbekistan to achieve rapid development of infrastructure
Sinoma Overseas Development Co., Ltd.'s stroller donationcampaign
During the construction of the L'amali Line 2--5,800t/d EPCProject and the Ganfeng Project in Argentina by Sinoma OverseasDevelopment Co., Ltd., the company donated children's strollersworth approximately US$800 for Children's Day to support thegrowth of local children. This initiative was highly praised by theArgentine Construction Workers Association and the localcommunity, demonstrating the Company's social responsibilityand humanistic care.
Case: Caring for children's growth and accurately assisting community development
In 2024, CBMI Construction Co., Ltd. 's South African company was invited to contribute to the preparation of the Report on
Social Responsibility of Chinese Enterprises in South Africa (2024),which comprehensively highlights thesignificant contributions and positive impact of Chinese enterprises in fulfilling their social responsibilities in South Africa.
Photo with children in Sinoma International "Shimmering Light Programme"
Sinoma International's "Shimmering Light Project" is a highlight activity of "Good Construction" "Colorful Class" VolunteerProgram. In 2024, volunteers captured 'life photos' for over 60 left-behind children, addressing their lack of personalphotos due to limited family resources. Sinoma International has brought practical care and support to the left-behindchildren through the "Shimmering Light Programme", and injected warmth and strength into their growth withcompanionship and care.
Case: Capturing 'Life Photos' and Lighting Up Childhood with 'Shimmering Light
In the past nine years, Sinoma International has dispatched 56 young volunteers toparticipate in the "Colorful Class" program, letting youth blossom in dedication:
In August 2024, the "Good Learning Elite" volunteer service team came again to Hongguang School in Yongshan County,Yunnan Province to conduct the "Shan Jian" Colorful Class activities. Ten young volunteers from the Company donatedstationery kits to the children, and designed diverse courses covering the history of the Party, corporate culture, naturalsciences and practical activities for 55 left-behind students. These efforts planted the seeds of dreams in the children'shearts and ignited hope for rural revitalization.
Supportive to rural revitalization
Sinoma International earnestly implements the 'Measures for the Implementation of the Rural RevitalizationAccountability System' and fully implements the Group's requirements for supporting rural revitalization. TheCompany has established a rural revitalization support organization, focusing on areas such as rural revitalization,industrial development, project construction, social livelihood, and consumer assistance. These efforts aim toconsolidate and expand the achievements of poverty alleviation and effectively link them with rural revitalization inYongshan County, Yunnan Province, where the Company provides targeted assistance, thereby fulfilling its socialresponsibilities as a central enterprise.
In 2024,the total investment in rural revitalization amounted to RMB 5.304 million.
Deepen overseas responsibility fulfillment
Sinoma International continues to promote coordinated regional development. We have implemented the "Belt andRoad" Initiative, followed the approach of consultation and collaboration for shared benefits, and adhered to theprinciples of "making contributions to the local economy development, cooperating friendly with local enterprises,and serving the local people". We have promoted the integration of global technologies, talents and culture,supported the economic and social development of the project site, and contributed our efforts to build a communitywith a shared future for mankind.
Reach out to community
Sinoma International regularly engages with local communities to understand their needs and implements targetedmeasures to support local development, thereby improving the quality of life for community residents. During theimplementation of Sinoma Overseas Development Co., Ltd.'s Iraqi project, due to the issue of land use by residents outsidethe plant, Sinoma proactively assisted the owner in communicating with the local government, explaining in detail theprogress of the project and machinery usage, and resolving the relevant issues satisfactorily to safeguard the rights of thelocal residents.
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2024 Environmental, Social, and Governance Report
The Goodfound Grinding Station Project Department of CBMI Construction Co., Ltd. in the Philippines organized a visit foremployees to TUPAS Primary School, located near the project site, for a gathering themed 'Caring for Primary SchoolStudents.' During the event, project department staff, teachers, and students participated together, enabling the childrento learn about Chinese culture and broaden their horizons through cultural exchange. This not only strengthened thebonds between the enterprise, the community, and the school but also built a bridge for cultural exchange between Chinaand the Philippines, providing new momentum for the growth and educational development of local students andshowcasing the enterprise's social responsibility and humanistic care.
Case: Spread love at school: School-enterprise interaction to promote prosperity
The Company encourages local employment and promotes local employment, usingmore than20,000 local workers throughout the year. The Company has over50% of its employees at all levels hired from a local talent pool.
Over the years, Chengdu Design and Research Institute of Building Materials Industry Co., Ltd. hasconsistently respected local customs and dietary practices. By integrating corporate and localcultures, it has demonstrated special care for local staff during important traditional festivals suchas Kurban Bayrami and Eid al-Adha, and established Muslim restaurants in all project camps. Thishas strengthened the sense of belonging and identity among Egyptian employees.
In Chengdu Design and Research Institute of Building Materials Industry Co., Ltd.,
84% of the employees are hired locally, and 40% of the middle-level and senior
staff are local talent.
Case: Localized Employment and Skill Enhancement, Sinoma OverseasSinoma OverseasDevelopment Co., Ltd.'s Win-Win Practice in Argentina
In the Argentina Ganfeng project, Sinoma Overseas Development Co., Ltd. employs over 170 local staff, accounting forapproximately85% of the workforce. This has effectively alleviated local employment pressure and contributed to thecommunity's economic development and talent team building.In the L'amali Line 2 5800t/d EPC project, Zijin project, and Ganfeng project, Sinoma Overseas Development Co., Ltd. hasorganized over300 professional and technical training sessions for local staff, covering electrical work, professional
welding, and on-site safety management. These efforts have significantly enhanced the skill levels of local employees andachieved win-win development between the Company and the local community.
In 2024, Sinoma (Suzhou) Construction Co., Ltd., in collaboration with multiple enterprises and schools, established theEthiopia Industry-Education Integration Training Center. The center conducts teacher training, Chinese languageinstruction, and job skills training, exploring the "Chinese Language + Vocational Skills" model to support internationalproduction capacity cooperation. It aims to enhance the Chinese language proficiency, vocational skills, and overall qualityof local employees while cultivating composite local talents proficient in both Chinese language and technology. Theestablishment of the center provides strong support for the Company's deep-rooted local operations and socialresponsibility fulfillment, facilitates local talent development and employment, and promotes people-to-peopleexchanges between China and Africa.
Case: Focusing on the training of local talents and actively promoting local employment
To celebrate the New Year and deep friendship betweenthe two countries, the "Happy Spring Festival TempleFair 2024", organized by the Embassy of the People'sRepublic of China in the Federal Republic of Nigeria andthe China Cultural Center in Nigeria and co-organized bythe China General Chamber of Commerce in Nigeria,kicked off in February 2024. CBMI Nigerian perfectlyfused Chinese and foreign cuisines, and the meal wonthe second prize, contributing to the cultural exchangebetween China and Nigeria.
Case: Exchange of traditional culture and friendship between the two countries
CBMI Nigerian participated in "Spring Festival Fair" food competition
Promote cultural integrationSinoma International fully supports local cultural development and is committed to promoting traditional Chineseculture.
Support local education
Sinoma International fully supports and encourages the development of local education and contributes toeducational equality.
Increase local employment
While providing high-quality engineering and technical services for the owners, Sinoma International is committed toproviding employment opportunities for local people and promoting local economic development.
The year 2025 marks not only the conclusion of the 14th Five-Year Plan but also the end of the first five-year phase ofthe 'Two-Step Strategy' aimed at achieving the Long-Range Objectives Through 2035. Standing at the forefront of thisera, we have gained profound insights into the new landscape. We will courageously embrace new responsibilitiesand face challenges with unwavering determination and quiet confidence. Guided by Xi Jinping Thought on Socialismwith Chinese Characteristics for a New Era, we are committed to crafting a remarkable chapter of high-qualitydevelopment with "one core and two drivers " as the cornerstone.Guided by the principles of "one center, two priorities, three focal points, and four roles, " we are committed toshaping a new era of high-quality development for Sinoma International. Focusing on optimized production andoperations, we will relentlessly pursue steady growth in performance. By prioritizing the service-orientedtransformation of our core business and extending the local value chain, we will significantly enhance our ability tocreate value. Concentrating on high-end equipment, digital intelligence, and low-carbon development, we will fortifythe resilience of our industrial chain. We will fully harness the power of innovation-driven development and reform tofuel progress, while effectively fulfilling our roles in risk prevention and supporting the Group's high-quality growth.With unwavering determination and relentless vigor, we will inscribe a new chapter in our quest to become a world-class enterprise.In the grand journey of 2025, we will work together to thrive in a new situation of high-quality development of theenterprise and steadily go forward on the road of being a world-class service provider in the construction materialsindustry. Integrating the industrial chain and having the whole world in view, we are committed to promotingsustainable development, in an effort to contribute to the progress of the industry, national prosperity and a betterworld!
As the years pass, a new chapter begins. We will relentlessly pursueexcellence and strength.
Outlook
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Environmental dataKey performance indicatorsUnit2024
Total emission of nitrogen oxides (NOx) tons0.70Total emission of sulphur dioxide (SO
) tons0.12Emissions of industrial particulate mattertons4.62Total emission of Volatile Organic Compounds (VOCs)tons35.32Total amount ofwastewaterpollutantdischarge
Chemical Oxygen Demand (COD)tons0.42Ammoniatons0.002Total greenhouse gas emissions
tons of CO2e 815,068.19Direct greenhouse gas emissions (Scope 1) tons of CO2e620,300.12Indirect greenhouse gas emissions (Scope 2) tons of CO2e 194,768.07Greenhouse gas emissions from engineering services tons of CO2e 83,440.63Greenhouse gas emissions from equipment manufacturingoperations
tons of CO2e 33,608.95Greenhouse gas emissions from operation and maintenanceservices
tons of CO2e 686,560.47Greenhouse gas emissions from other operations tons of CO2e 11,458.14Greenhouse gas emission intensity tons of CO2e/million yuan (revenue)17.67Amount of self-produced hazardous solid wastetons907.71Intensity of self-produced hazardous solid wastetons /million yuan (revenue)0.02Amount of self-produced non-hazardous solid wastetons5,330.67Intensity of self-produced non-hazardous solid wastetons /million yuan (revenue)0.12Comprehensive utilization amount of self-produced non-hazardoussolid waste
tons4,589.37Among them: comprehensive utilization amount in previous yeartons7.26Comprehensive utilization proportion of self-produced non-hazardous solid waste
%85.95Total amount of incoming solid waste consumption and disposal tons376,989.42
Key performance indicatorsUnit2024
Total amount ofincoming solidwasteconsumption anddisposal by type
Industrial waste tons325,852.42Household waste tons0Hazardous waste
tons43,600.00Other
tons7,537.00Timbercertification
Total volume of timber purchased by thecompany
10,000 m? 1.36Among them: amount of certified10,000 m? 0.05Among them: amount of non-certified10,000 m? 1.32
Total amount ofmaterials used inthe constructionprocess
Timber10,000 m? 0.29The proportion of recycled wood
%9.96Steel10,000 tons44.86The proportion of recycled steel
%3.33Concrete10,000 m? 168.09The proportion of recycled concrete%6.02Aggregate10,000 m? 57.53The proportion of recycled aggregate%6.87Asphalt10,000 tons1.59The proportion of recycled asphalt%25.83Cement10,000 tons51.49The proportion of recycled cement
%8.86Other materials10,000 tons5.37The proportion of recycled other materials%9.96Direct energy consumption
MW·h2,253,206.97Natural gas consumptionMW·h21,293.15Petrol consumptionMW·h23,001.94
1. Greenhouse gas (GHG) data encompasses emissions generated by all domestic and overseas operations (limited to operations within China in the
previous year). The calculation of GHG data refers to relevant conversion factors provided in the Notice on Completing GHG Emission Reporting andVerification for Enterprises in Certain Key Industries (2023-2025), as well as a series of guidelines issued by the National Development and ReformCommission, including the Guidelines for GHG Emission Accounting and Reporting Methods for Industrial Enterprises in Other Sectors. Allmeasurements are expressed in tons of CO2 equivalent.
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ESG key performance
2. The Company's method for treating and disposing of external solid waste involves the production of alternative fuel products and co-processing in
cement kilns.
3. For hazardous waste among incoming solid waste, the Company adopts the same treatment and disposal method: producing alternative fuel
products and co-processing in cement kilns.
4. Refer to fuels derived from industrial waste (e.g., discarded textiles, plastics, industrial residues), municipal waste, and agricultural/forestry waste
that possess calorific value (combustibility), falling outside the aforementioned three waste categories. These fuels are widely used in cement kilns andthermal power plants (including biomass power plants) to replace fossil fuels (coal), thereby reducing carbon emissions and fossil energy consumption.
5. "Recycled wood" includes wooden packaging materials recovered from equipment transportation and reused, as well as wooden formwork and
timber reused during construction processes.
6. "Recycled steel" refers to reused steel structures fabricated on-site, scrap materials from non-standard equipment and components, steel packaging
materials from equipment transportation, and recycled steel scaffolding and formwork used during construction.
7. "Recycled concrete, aggregates, asphalt, and cement" refers to these materials produced using recycled materials as substitutes for virgin raw
materials.
8. Calculations are performed according to the General Principles for Calculation of Comprehensive Energy Consumption (GB/T 2589-2020) standard.
Key performance indicatorsUnit2024Diesel consumptionMW·h2,190,769.22Other energy consumption
MW·h18,142.65Indirect energy consumptionMW·h347,844.99Purchased heat consumption MW·h2,577.48Electricity consumption MW·h345,267.51Purchased electricity consumption MW·h343,162.09Purchased conventional grid electricity consumptionMW·h339,342.54Purchased green electricity consumptionMW·h3,819.55Self-generated electricity consumptionMW·h2,105.42
Self-generated wind electricity consumptionMW·h39.24
Equivalent greenhouse gas emission reductions tons of CO2e32.33Photovoltaic power generation consumptionMW·h2,066.18Equivalent greenhouse gas emission reductions tons of CO2e1,702.53Comprehensive energy consumption
MW·h2,601,051.96Comprehensive energy consumption intensity MW·h/million yuan (revenue)56.39Consumption of non-renewable materialstons192,980.29Consumption of toxic and hazardous materialstons487.00Material consumption intensitytons/million yuan (revenue)4.19Total energy expendituresRMB 10,000112,378.33Water withdrawal
tons1,245,356.43Tap watertons801,966.19Groundwatertons114,840.56Surface watertons321,415.10Othertons7,134.58Water withdrawal intensitytons/million yuan (revenue)27.00Total water dischargedtons7,400.00Total water consumptiontons1,237,956.43
Key performance indicatorsUnit2024Total recycled watertons336,089.58Recycled water utilization rate%26.99Total environmental investmentRMB 10,0007,418.23
Greenproduct
Revenue from products with inherent greenattributes
RMB 10,00069,590.57Revenue from Products with various greencertifications, including but not limited to "ChinaLow Carbon Product Certification", "GreenBuilding Material Product Certification", etc.
RMB 10,00028,102.57Revenue from products that contribute to societalgreening
RMB 10,000868,756.39Number of national-level green factories ownedunit1Number of provincial-level green factories ownedunit1Number of national-level green mines ownedunit0Number of provincial-level green mines ownedunit1Number of national-level green factories constructed unit8Number of provincial-level green factories constructedunit1Number of green factories of other levels constructed unit0Number of national-level green mines constructedunit48Number of provincial-level green mines constructedunit119Number of green mines of other levels constructedunit3Number of buildings constructed/managed/owned by the Companyunit465Number of green buildings constructed/managed/owned by theCompany
unit13Area of all manufacturing and operating units m
2,219,337.74Area for which biodiversity risk assessments have been conducted m
103,484.00Number of sites for all production operations (e.g., factories, mines,project sites.)
unit95Number of sites for which biodiversity risk assessments have beenconducted
unit5Number of legal entities with ISO14001 certificationsunit47Number of legal entities with ISO50001 certificationsunit4Climatechange risksandopportunities
Number of enterprises with climate riskresponse/adaptation plans (e.g. extreme weathercontingency plans) in place
unit17Annual financial impact of risksRMB 10,000158.00Annual expenditures arising from risk responsemeasures
RMB 10,000843.78Annual costs of capturing climate changeopportunities
RMB 10,00015,274.60
9. The statistical scope for "other energy consumption" in the current year includes liquefied natural gas (LNG) and liquefied petroleum gas (LPG), while
the previous year's scope additionally included diesel and gasoline.
10. Energy consumption data includes all energy used by the Company's domestic and overseas operations.
11. Water resource consumption data includes all water usage from the Company's domestic and overseas operations.
Social data
101102
Key performance indicatorsUnit2024Total number of employeesperson15,598Total number ofemployeesby gender
Male employeesperson12,342Male employees in STEMperson6,752Female employeesperson3,256Female employees in STEMperson618Total number ofemployeesby ethnic group
Han employeesperson12,819Minority employeesperson2,779
Total number ofemployees by joblevel
Senior management employees person255Female employeesperson36
Female employees in operationalpositions
person7Male employeesperson219
Male employees in operationalpositions
person121Minority employeesperson5Middle-level employees person1,611
Female employeesperson562
Female employees in operationalpositions
person233Male employeesperson1,049
Male employees in operationalpositions
person938Minority employeesperson21General employeesperson13,732Total number ofemployees bytype ofemployment
Long-term employeesperson14,057Short-term employeesperson1,541Total number ofemployees by age
Under 30 years old person3,81630 to 50 years old person8,898Over 50 years oldperson2,884Total number ofemployees byregion
Mainland China person13,241Region of Hong Kong, Macao and Taiwan person1Overseasperson2,356Employeeturnover rate bygender
Male%5.78Female%5.40
Key performance indicatorsUnit2024
Employee turnover rate byage
Under 30 years old %7.3130 to 50 years old %3.37Over 50 years old%10.74Employee turnover rate byregion
Mainland China %6.50Region of Hong Kong, Macao and Taiwan %0Overseas%1.18Employee turnover rate byjob level
Senior employees %4.71Middle-level employees %2.79General employees%6.06Voluntary turnover rate by joblevel
Senior employees %2.75Middle-level employees %2.30General employees%4.69Voluntary turnover rate bygender
Male%4.45Female%4.36Voluntary turnover rate byage
Under 30 years old %5.7630 to 50 years old %1.95Over 50 years old%10.15Voluntary turnover rate byregion
Mainland China %5.02Region of Hong Kong, Macao and Taiwan %0Overseas%1.14Number of newly hired employees person805Number of newly hiredemployees by gender
Maleperson686Femaleperson119Number of newly hiredemployees by age
Under 30 years old person61030 to 50 years old person180Over 50 years oldperson15Number of newly hiredemployees by job level
Senior employeesperson6Middle-level employees person13General employeesperson786Number of newly hiredemployees by ethnic group
Hanperson771Minorityperson34
103104
Key performance indicatorsUnit2024Number of internal transfers or internal applicationsperson654Percentage of internal transfers or internal applications%44.82Received complaints on violations of employees' legitimate rightsand interests
case0Received complaints on discrimination against applicants andemployees
case0Number of visits to support special employees and assist employeesin need
person-times881Number of employees who were helped to send their children indifficulty to school or who were rewarded for sending their childrento school
person-times17Number of visits to assist critically ill employeesperson-times95Total expenditure on supporting to special employees and assistingto employees in need
RMB 10.00048.81Total expenditure on helping children of employees in difficulty toattend school or rewarding employees' children for attending school
RMB 10.0000.70Total expenditure on helping critically ill employeesRMB 10.00045.27Number of employee activities were organized and participated in times851Number of participation in various events organized by relevantindustry associations (at provincial level or above)
times54Number of employees participated in various activitiesperson-times35,937Total number of employees participated in satisfaction surveyperson7,474Percentage of total number of employees%47.91Percentage ofsatisfaction bygender
Male employees%97.67Female employees%96.68Percentage ofsatisfaction byage
Under 30 years old%98.7330 to 50 years old%97.85Over 50 years old%96.75Percentage ofsatisfaction byethnic group
Han%98.40Minority%95.13Percentage ofsatisfaction byjob level
Senior employees%99.07Middle-level employees%97.81General employees%96.41Number of employees covered by the Group's enterprise annuityplan
person9,185Number of employees covered by supplementary medical insuranceand other insurance types beyond the five mandatory insurances
person10,739Number of employees who are members of the labor unionperson13,399Percentage of employees who are members of the labor union%85.90Number of employees covered by collective agreementsperson6,948Percentage of employees covered by collective agreement%44.54
Key performance indicatorsUnit2024
Number of employee representativesperson1,100Percentage of employee representatives%7.05Number of work-related fatalities person0Fatality rate per thousand employees‰0Percentage of zero-fatality projects%100Lost Time Injury Frequency Rate (LTIFR) for millions of hours ofemployees
-0Number of working days lost due to work-related injuriesday0Lost Time Injury Frequency Rate (LTIFR) for millions of hours ofcontractors employees
-0Person-times of employees participated in occupational health andsafety training
person-times572,840Number of safety inspections conductedtimes28,106Number of hidden dangers identifiedunit29,006
Number of hidden dangers rectifiedunit29,006Rectification rate of identified hidden dangers%100Number of emergency drills, fire drills and other exercises conductedtimes2,173Total expenditure on safety and healthRMB 10.00055,213.84Number of companies at safety standardization level Iunit0Number of companies at safety standardization level IIunit11Number of companies at safety standardization level IIIunit9Number of companies certified to ISO 45001 occupational healthand safety management system
unit47Percentage ofemployeesparticipated intraining (alltrainingcategories) bygender
Male employees%87.28Female employees%80.80Percentage ofemployeesparticipated intraining (alltrainingcategories) byage
Under 30 years old %82.4130 to 50 years old %
87.05
Over 50 years old%87.17Percentage ofemployeesparticipated intraining (alltrainingcategories) byethnic group
Han%86.55
Minority%83.08Percentage ofemployeesparticipated intraining (alltrainingcategories) by joblevel
Senior employees%93.33
Middle-level employees%94.10
General employees%85.79
Key performance indicatorsUnit2024Percentage of employeesparticipated in safety andenvironmental training byjob level
Senior employees%84.70Middle-level employees%53.81General employees%53.45Percentage of employeesparticipated in skills-basedbusiness training by joblevel
Senior employees%50.19Middle-level employees%61.26General employees%75.18Percentage of employeesparticipated inmanagement training(including compliancetraining) by job level
Senior employees%94.90Middle-level employees%81.12General employees%55.10Total training hours (calculated by person-time)hour898,900Total training hours in safety and environmental protectionhour491,461Total training hours in technical and operational skillshour283,172Total training hours in managementhour124,267Average training hours peremployee by gender (alltraining categories)
Male employeeshour67.09Female employeeshour66.94Average training hours peremployee by age (alltraining categories)
Under 30 years oldhour65.2930 to 50 years oldhour80.64Over 50 years oldhour27.42Average training hours peremployee by ethnic group(all training categories)
Hanhour67.49Minorityhour65.03Total hours of training byjob level
Senior employeeshour67.56Middle-level employeeshour53.04General employeeshour68.11Training hours per capita (all types of training)hour67.06Total training costyuan12,572,334.56Number of cases involving suspected child labor and forced laborcase0Number of suppliers whohave established long-termcooperation with theCompany
Totalunit8,844Mainland Chinaunit8,739Region of Hong Kong, Macao andTaiwan
unit23Overseasunit82
Key performance indicatorsUnit2024
The costs of products or service procured from suppliers with whomthe Company has established long-term cooperation
RMB 10,0002,084,490.72Number of suppliersthat have been screenedand controlled forenvironmental andsocial risks by theCompany
Totalunit7,162Mainland Chinaunit7,059Region of Hong Kong, Macao and Taiwanunit23Overseasunit80The costs of suppliers screened and controlled for environmental andsocial risks by the Company
RMB 10,0001,269,283.71Among the suppliersthat have been screenedfor environmental andsocial risks andcontrolled for long-termcooperation by theGroup, the number ofsuppliers assessed tohave significant negativeimpacts
Totalunit28Number of suppliers with whom correctivemeasures/improvement plans have beenagreed upon
unit15Number of suppliers phased outunit13Number of supplierswho have establishedlong-term cooperationwith the Company andparticipated in suppliertraining and capacityimprovement
Totalunit1,451Number of suppliers screened andcontrolled for environmental and socialrisks by the Company
unit1,135Number of ESG training sessions for suppliers or ESG trainingexchange sessions with suppliers
times718Number of suppliers certified under systems such as quality,occupational health and safety, environmental, or energymanagement
unit6,952Number of all suppliersnot in long-term co-operation
Totalunit2,824Number of suppliers screened andcontrolled for environmental and socialrisks by the Group
unit2,346Percentage of products recalled due to safety and health concerns%0Litigation cases involving the safety and health of products andservices
case0Number of complaints received regarding products and servicescase0Number of complaints properly addressed and resolvedcase0Number of cases of suspected infringement of intellectual propertyrights by products and services
case0Number of complaints due to disclosure of customer informationcase0
Key performance indicatorsUnit2024Total number of clientsunit2,491Number of clients participating in satisfaction surveysunit1,918Number of clients whose survey results were satisfactory unit1,864Percentage of clients participating in satisfaction surveys%76.99Percentage of customer satisfaction%97.18
Annual number of patent applicationscase602Number of invention patentscase392Annual number of patents grantedcase420Number of invention patentscase192Cumulative number of valid patentscase2,883Number of invention patentscase796Cumulative number of successful software copyright registrationscase871R&D investmentRMB million1,769.93Percentage of R&D investment in operating revenue%3.84Number of R&D personnelperson3,071Number of standards that have been chaired and participated inthe development or revision
unit19Number of anti-corruption training sessions held and organizedtimes389Number of directors attending anti-commercial bribery and anti-corruption trainings
person-times460Number of employees attending anti-commercial bribery and anti-corruption training (excluding directors)
person-times29,049Coverage of directors in anti-corruption training%100Coverage of employees in anti-corruption training %100Number of cases in which employees violated the Group's code ofconduct (Corruption or bribery)
case0Number of cases in which employees violated the Group's code ofconduct (Discrimination or harassment)
case0Number of cases in which employees violated the Group's code ofconduct (Customer privacy data)
case0Number of cases in which employees violated the Group's code ofconduct (Conflict of interest)
case0Number of cases in which employees violated the Group's code ofconduct (Money laundering or insider trading)
case0Amount of taxes paidRMB 10,000190,751.33Amount of public charity investment (including material donations)RMB 10,000537.71Donations to targeted support areas（rural revitalization）RMB 10,000530.40
Key performance indicatorsUnit2024OtherRMB 10,0007.31Number of support projectsunit3Number of special scholarship programs establishedunit1Number of institutions involved in scholarshipsunit1Total scholarshipsRMB 10,0003.00Number of students receiving scholarshipsperson15Number of entrepreneurship training basesunit6Availability of internships for current studentsunit41Number of established volunteer organizations or groupsunit9Number of volunteers among employeesperson1,562Number of hours of volunteer activitieshour6,798Amount of corporate support for volunteer activitiesRMB 10,0007.02Number of activities involving or supporting the protection of therights and interests of women, children or persons with disabilities
times9
Table of ContentSustainability
Reporting Standards(GRI Standards)
Guidelines No. 14 forSelf-Regulation ofListed Companies -Sustainability Report(Trial)
Reference IndicatorSystem for the ESGSpecial Report of ListedCompanies Controlledby Central Enterprises
About this reportGRI1-4,2-1,2-21-6G4.1.2Chairman's speech///About Sinoma InternationalGRI2-1, 2-6//Sustainable developmentmanagement
GRI2-9, 2-14, 2-16, 2-22, 2-29,3-1, 3-2, 3-3
1-9,2-11,2-122-18,5-1-51,5-1-
G1.3.3, E.5.1.1, G1.2.2, G3.2.2Specialtopic
Conduct an overalllayout to build agreen and low-carbon industrialchain
///
Indicator indexes
Table of ContentSustainability Reporting
Standards(GRI Standards)
Guidelines No. 14 forSelf-Regulation ofListed Companies -Sustainability Report(Trial)
ReferenceIndicator Systemfor the ESG SpecialReport of ListedCompaniesControlled byCentral EnterprisesStrengthen thefoundation ofgovernance tosecuresustainableoperation anddevelopment
Soundcorporategovernance
GRI2-9, 2-10, 2-125-1-51
G1.1.1-G1.1.2, G1.2.2,G3.1.1-3.1.2, G3.2.1-
3.2.2
Compliant andethicaloperations
GRI2-27, 205-1, 205-25-2-54,5-2-55,5-2-56
G2.1.1-2.1.2, G2.2.1-
2.2.2, G2.3.1-2.3.2,
G5.1.1-5.1.3, G5.2.1-
5.2.3
Guaranteeemployeerights andinterests
GRI2-23, 2-25, 2-26, 2-30, 201-3,202-1, 202-2, 401-2, 401-3, 403-1,403-2, 403-3, 403-4, 403-5, 403-6,403-7, 403-8, 403-10, 404-2, 404-3,405-1, 406-1
4-4-49,4-4-50
S1.1.1, S1.1.3, S1.2.1 -
1.2.4, S1.3.1-S1.3.4,
S1.4.1-1.4.3, S1.5.1,S2.1.1Adhere to thegreen conceptto ensureenvironmentalfriendlydevelopment
Green andcleanproduction
GRI302-4, 302-5, 303-2, 304-2, 304-3
3-2-29, 3-2-30,3-2-32,3-2-
E2.1.1-2.1.2, E2.2.1,E2.3.1-2.3.5, E4.1.1,E5.2.3, E5.4.1, E5.4.2,E5.4.3, E5.4.4, E5.4.6,E5.5.1, E5.6.1, E5.6.2Integration intothe circulareconomy
GRI303-1, 306-1, 306-2, 306-3, 306-4, 306-5,
3-3-34, 3-3-37E1.4.2, E5.2.1Guide progressof the industrytoenhanceoverall valuefor win-winresults
Improve servicequality
GRI2-28, 417-1
4-2-41,4-2-42,4-3-44,4-3-
47,4-3-48
S2.1.2, S2.2.1-2.2.3,S2.3.1-2.3.4Sustainablesupply chain
GRI308-1, 308-2,414-1, 414-24-3-44,4-3-45
E.5.4.5, S3.1.1, S3.2.1-
3.2.3
Shoulder themission of thetimes inpursuit ofglobaldevelopment
Green and low-carbonproducts
GRI305-53-1-20,3-1-28E3.2.2, E5.5.3, S4.4.1Respond toclimate change
GRI201-2, 305-5
2-11,2-12,2-14,2-15,2-16,2-18,2-193-1-20,3-1-21,3-1-23,3-1-
E3.1.2, E.3.2.1-3.2.2,E.3.4.1, E5.1.1, E5.3.1Promotepeople's well-being
GRI203-1, 203-2, 207-1, 413-14-1-38,4-1-39,4-1-40
S4.1.1, S4.2.1-4.2.2,S4.3.1-4.3.2, S4.4.2-
4.4.4
Appendix
ESG keyperformance
GRI2-7, 2-8, 201-1, 205-3, 206-1,
301-1, 301-2, 301-3, 302-1, 302-2,
302-3,303-3, 303-4, 303-5, 304-1,
305-1, 305-2, 305-4, 305-7, 401-1,
403-9, 404-1, 405-2, 418-1
3-1-24,3-1-25,3-1-26, 3-2-31, 3-3-35, 3-3-36, 4-4-50
E1.1.1-1.1.4, E1.2.1-
1.2.3, E1.3.1-1.3.5,
E1.4.1, E2.1.3-2.1.4,E2.2.2, E2.3.2-2.3.5E3.1.3-3.1.4, E3.1.6,S1.1.2, S.1.4.3, S1.5.3,S.2.3.2, S3.1.2, S.4.1.1Indicatorindexes
GRI1-36-57/Feedback form///
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