Stock Code： 300284
Company address: No. 8, Fuchunjiang East Street,Jianye District, Nanjing City, Jiangsu ProvinceCompany website：www.jsti.comContact No.: 025-86576542
JSTI Group
Sustainability Report2024
CONTENTS
About This ReportChairman's StatementSustainable DevelopmentHighlightDiscovering JSTI
Future OutlookAppendix 1: Performance TableAppendix 2: Index TableAppendix 3: Feedback
Special Topic 1:
Digital Driving Forward,Empowerment Helping UpgradeSpecial Topic 2:
Laying out Low-Altitude Track,Expanding Development Space
01 Sustainable Governance
Enhancing Governance Mechanism to Drive Sustain-able DevelopmentGuaranteeing Operations with ComplianceStrictly Observing Legal Conduct, Creating a BusinessEcosystem
02 Environmental Protection
Addressing Climate Challenges, Promoting Low-Car-bon TransitionImproving System Management, Controlling Environ-mental RiskEnhancing Resource E?ciency, Promoting GreenDevelopmentOptimizing Material Management to Promote Circu-lar DevelopmentProtecting Ecological Diversity, Building a BeautifulHome Together
Building a Responsible Supply Chain, Fortifying theSupply BaseInnovation Driving Forward, Starting a New ChapterStrictly Adhering to the Quality Line and Ful?lling theResponsibility of SafetyStrengthening Data Defenses, Safeguarding Custom-er Privacy
03 Industry Value
04 Beautiful LifeProtecting Labor Rights, Promoting Employee Devel-opmentValuing Health and Safety, Creating a Safe Environ-mentFul?lling Social Responsibilities, Delivering CorporateWarmth
JSTI GroupSustainability Report 2024
■■■State-owned Assets Supervision and Administration Commission of the State Council -■
China Enterprise Reform and Development Society -
■■UN Sustainable Development Goals (SDGs)
■Sustainability Accounting Standards Board (SASB) Standards
About This ReportThis report is the sustainability report published by JSTI Group (hereinafter referred to as "JSTI," "the Company," or "we"). Itdiscloses the Company's sustainable development activities for the year 2024 in detail according to the principles of objectivity,standardization, transparency, and comprehensiveness.
This report focuses on JSTI Group, including its subsidiaries, branches, and other entities. Unless otherwise stated, the scope of thisreport is consistent with that of the Company's annual report.Report Scope
The reporting period covers from January 1, 2024, to December 31, 2024 (referred to as "the reporting period"). To enhance thecomparability and forward-looking nature of this report, some content may retrospectively cover previous years or provideforward-looking descriptions. The report is published annually, consistent with the ?scal year.Reporting Period
The data in this Report comes from the raw data of the Company's actual operation, public data from government departments,annual ?nancial data, relevant internal statistical reports, third-party questionnaires and third-party evaluation interviews. The?nancial data in this Report is in RMB. In case of any inconsistency between this Report and the Financial Report, the FinancialReport shall prevail
Data Source
This report was approved by the Company's Board of Directors on April 12, 2025, and was published concurrently with the annualreport. The Board of Directors commits to supervising the content of the report to ensure there are no false records or misleadingstatements and is responsible for the authenticity, accuracy, and completeness of the content.This report is published in Chinese. The English version is translated from the Chinese version, and in the event of any discrepan-cies, the Chinese version shall prevail.
Con?rmation and Approval
This report is available on the Company's website (http://www.jsti.com), the Shenzhen Stock Exchange website (http://ww-w.szse.cn), and the CNINFO website (http://www.cninfo.com.cn) for review and download.Report Acquisition
Basis for Report Compilation
Notes on Appellations
De?nition itemsDe?nition content
0102
JSTI, the Company, or we
JSTI Group, the GroupEnergy TechTra?c DesignTengyun Technology
JSTI GroupJSTI Group and its subsidiaries within the scope of consolidation
Jiangsu Energy Tech Development Co., LtdJiangsu TS Tra?c Design & Research Division Co., LtdTengyun Low-altitude Intelligent Technology Development Co., Ltd.
Guidelines No. 17 of the Shenzhen Stock Exchange for the Self-regulation of Listed Companies - Sustainability Report (Trial)Global Reporting Initiative (GRI) Sustainability Reporting Standards (GRI Standards)
Chinese Corporate Sustainable Development Report Guidelines (CASS-ESG6.0)Task Force on Climate-related Financial Disclosures (TCFD) Framework
Guidelines on High-Standard Ful?llmentof Social Responsibilities by Central Enterprises in the New Era
JSTI GroupSustainability Report 2024
Chairman's Statement
Letter to shareholders, customers, partners and all employees:
The year 2024 has been a year of progress for JSTI to strengthenits mission and vision and accelerate the implementation of itsstrategy. Facing the complexities of global dynamics and thechallenges of industrial transformation and upgrading, we haveadhered to high-quality development, optimized management,strengthened technological innovation, and made steady prog-ress.Looking back on this year, JSTI's strategic deployment hasachieved remarkable results. Our core businesses have devel-oped stably, emerging businesses have grown rapidly, and ourforward-looking layout has continuously advanced, achievingenhancements in whole value chain capabilities and resilientdevelopment. We have built an e?cient talent supply chain,enhanced per capita e?ciency, stimulated organizational vitali-ty, deeply cultivated key markets with precise strategies,strengthened management platforms, and focused on leanoperations, to ensure business continuity, pro?t optimization,and secure repayments. Relying on our business platforms, wehave improved production e?ciency, adhered to quality andsafety standards, and deepened the application of cutting-edgetechnologies such as 2D and 3D collaborative design, intelligentdetection, and AI empowerment. Breakthroughs in both digita-lization and industrialization have driven synchronous achieve-ments in technological innovation and performance growth.Our overseas subsidiary, Eptisa, has achieved growth againstglobal market challenges, demonstrating robust resilience.Technology empowerment: Consolidating our foundation as athink tank-type technology enterpriseIn alignment with our goal of becoming a think-tank type tech-nology enterprise, we have continuously enhanced our techno-logical brand in?uence and achieved numerous historic break-throughs. As a strategic support unit for think-tank initiatives,JSTI has actively undertaken key research projects, and deeplysupported high-quality development discussions in transporta-tion, low-altitude economy studies, and the construction of amodern index system for rural roads, thereby promoting policyformulation and practical implementation in the industry. Thisyear, we participated in the compilation of the "15th Five-YearPlan" series of plans of Guangdong Province and GuangzhouCity for the ?rst time, achieving zero breakthroughs.Green and low-carbon: Deepening "dual carbon" industrialdevelopmentContinuous breakthroughs in the "dual carbon" industry havesupported the high-quality development of green transporta-tion. Our subsidiary, Energy Tech, was honored as a nation-al-level specialized, re?ned, di?erential and innovative "LittleGiant" enterprise, and its independently developed ?ywheelenergy storage technology for smart expansion of highwayservice areas was included in Nanjing's city-level key applica-tion scenarios list. Additionally, the Green and Low-CarbonTechnology R&D Center of Transportation Industry of Guang-dong Province, which was jointly applied to establish, was suc-cessfully approved, furthering our research in green andlow-carbon transportation, promoting the transformation ofscienti?c and technological achievements, and driving thegreen development of the industry.
Digital transformation: Advancing industrial intelligenceupgradeOn the new track of digitalization and industrialization, wehave deepened our layout and strived for higher achieve-ments. Our lightweight monitoring products won ?rst place inthe Monitoring and Early Warning Application DemonstrationList of Ministry of Transport, and received three ?rst prizes inprovincial-level science and technology. We have extensivelyimplemented monitoring, early warning, and emergencydisaster relief for highway and bridges, with over 70 demon-stration projects covering risk points across multiple provinc-es. The integrated construction of urban lifelines has contin-ued to progress, with frequent good news from six cities andcounties in Jiangsu Province.In the low-altitude economy sector, JSTI, in collaboration withenterprises and research institutions, established the JiangsuIndustrial Research Institute of Low-altitude Economic Devel-opment, created a low-altitude ?ight regulatory platform,innovated the "Test Flight Base + Industrial Park" model, andactively participated in low-altitude industry planning,research projects, and standard setting, providing intelligentsupport for industry development.Research and innovation: Leading the future of the industryThe Company has allocated resources to strengthen the con-struction of our research platform clusters, injecting enduringmomentum into sustainable development. Relying on theNational Engineering Research Center for New Road Materials,the Company was approved as a ministry-level standard veri?-cation site of new road material to create a high-quality stan-dard innovation service platform. The Company was success-fully approved as a pilot for national highway modern mainte-nance project, leading an upgrade in modern maintenancemodels for the industry. We led a pre-feasibility study for theconstruction of bridges with spans over 3,000 meters, pushingforward international bridge technology innovation and sup-porting the construction of a powerful transportation nation.The Company's leadership in a national key R&D plan projecthas further solidi?ed our leading position in industry technolo-gy.
Global layout: Accelerating talent strategy implementation
In 2024, we actively implemented a global talent introductionstrategy, achieving signi?cant results. A total of 38 individualsin the Company has received municipal-level or higher talentawards, including eight who were honored with provincial-lev-el or higher accolades. In the ?elds of digital transportationand smart travel, we introduced two industry experts, broad-ening our technological horizons and strengthening innova-tive practices. In terms of international business, EPTISA con-tinued to attract leaders in consulting, energy, and industrialsectors after the successful introduction of a CEO earlier in theyear, injecting new energy into overseas market expansion.
Li DapengChairman of JSTI Group
0304
Excellent management: Solidifying a high-quality develop-ment modelThe Company's management system has been continuously
optimized and highly recognized by the competent authori-ties. Our upgraded quality certi?cation received an AAA+rating, maintaining a leading position, and JSTI's high-qualitydevelopment model of "Dual Platforms and Dual Circulation"was recognized as an advanced quality management methodin the regions of Jiangsu, Zhejiang, Anhui, Jiangxi, and Shang-hai.Social responsibility: Cultivating the future of talentCommitted to technology heritage and public service, JSTIactively assumes social responsibilities. Our science and tech-nology education demonstration base was rated as excellenttransportation science education base by the Jiangsu Com-prehensive Transportation Society, and through technicalexchanges, industry promotion, and public science services,we have helped enhance public scienti?c literacy. Relying onschool-enterprise cooperation platforms, we continued toexplore the integration of industry and education, providing asolid talent foundation for the construction of a modern com-prehensive transportation system.
Conclusion
In 2025, we will continue to improve living environments andbridge spatial distances with technological innovation, inspir-ing imagination and jointly shaping the future. Lastly, onbehalf of the Board of Directors, I sincerely thank all leaders,shareholders, and friends from all walks of life who have caredfor, supported, and contributed to JSTI's growth! I also extendmy sincerest respects to all employees and their families.With a long journey ahead and sails set high, we will carry ourmission and forge ahead bravely!
Looking forward to 2025: Leading with technology,co-creating the futureIn the future, we will continue to exceed customer expecta-tions, enhancing high-quality delivery and value creation.Increase R&D investment:
Accelerate technological innovation, and consolidate ourcompetitive advantage in key technology areas;Deepen our talent development strategy:
Rejuvenate the spirit of striving, and stimulate organizationalvitality;Adhere to green and sustainable development:
Strengthen corporate social responsibility, and support theharmonious advancement of the industry and society.
Our mission: To become the most dynamic and trustworthyenterprise, shaping the new world.Our vision: To become a global leader in technology enter-prises in the infrastructure sector.
JSTI GroupSustainability Report 2024
Sustainable Development Highlight
Operating income
CNY 4.729billion
Number of shareholders' meetings held
3times
Public welfare investment
CNY
1.1328million
Percentage offemale employees
26.15%
Employee traininginvestmentCNY 2 million
Employee trainingcoverage100%R&D investmentsCNY
0.29billion
Number of R&D personnel1,441persons
Cumulative numberof authorized patents1,200 items
Cumulative numberof software publications
452 itemsTotal numberof trademarks67 items
Total number
of published papers
523 papers
Labor contractsigning rate
100%
Social insurance
coverage
100%
Total greenhouse gas emissions
3,479.00tons of CO2 equivalentGreenhouse gas emissions reduction
108.11tons of CO2 equivalent
PV power generation354,200kWhPurchased electricity
6.5499 million kWh
Water consumption74,200.00 tons
Number of Board meetings6timesNumber of meetingsof the Board of Supervisors5timesNumber of anti-corruption trainings8timesNumber of internal risk trainings3times
Net Pro?t Attributable to Shareholdersof the Listed CompanyCNY0.224billionTotal asset
CNY16.063billionTotal tax payment
CNY0.367billion
Businessperformance
CorporateGovernancePerformance
Environmental
performance
SocialPerformance
0506
ESG Highlight and Performance in 2024
Outstanding IR Team Awardof Investor Relations Gold Award (2023)
Shenzhen Panorama Network Co., Ltd.
September 2024
Going green, standing at the forefront of the new carbonroad" selected among the Top 100 Low Carbon BrandsChina International Fair for Trade in Services
September 2024
TOP300Top 300 Most Popular Listed CompaniesHangzhou Tonghuashun Data Development Co., Ltd.
December 2024
0708
JSTI GroupSustainability Report 2024
2024 ESG Honors
ESG Annual Communication Impact Pioneer Award
Phoenix TV
October 2024
Second Guoxin Cup ? Top 20Carbon Neutrality in ESG Golden Bull Award
China Securities Journal
December 2024
Second E-Board ESG+8 "Value 100"
Shenzhen Value Online Information Technology Co., Ltd.
December 2024
Shenzhen Value Online Information Technology Co., Ltd.
December 2024
Best ESG Practice Award for Listed Companies 2024
JSTI GroupSustainability Report 2024
0910
Discovering JSTI
JSTI Group is a comprehensive solution provider in the infrastructure sector, consistently committed to o?ering innovative andleading solutions to build an international technology enterprise group and achieve high-quality sustainable development. Found-ed in 1978 as Jiangsu Transportation Institute Co., Ltd., the Company went public with its initial public o?ering of A-shares onJanuary 10, 2012, and was o?cially listed on the Shenzhen Stock Exchange (stock code: 300284). In 2015, the "JSTI Group" waso?cially established. In 2016, the Company strategically partnered with the global leading engineering design consulting serviceprovider — Eptisa Servicios de Ingenieria, S.L. from Spain (referred to as "Eptisa"), accelerating its pace of internationalizationthrough Eptisa's global network. In 2021, the Company introduced Guangzhou Pearl River Enterprises Group Ltd. as a strategiccooperative shareholder through capital increase and share expansion. It is currently the controlling shareholder of the Company,and the actual controller is the State-owned Assets Supervision and Administration Commission of Guangzhou Municipal Govern-ment. As of the end of the reporting period, the Company's registered capital is approximately CNY1.263 billion, with headquarterslocated in Nanjing, Jiangsu Province.The Company has always adhered to the quality policy of "customer focused, quality ?rst", committed to excellence in perfor-mance management, and continued to provide professional and standardized engineering consulting services. From 2018 to 2020,the Company has obtained the highest level AAA certi?cation for the upgraded version of the quality management system for threeconsecutive years; in 2022, according to the new grading certi?cation standards, it obtained the highest level AAA+ certi?cation. In2022, the Company was awarded the "Jiangsu Provincial Governor Quality Award" by the People's Government of JiangsuProvince, becoming one of the ten enterprises to win this award and the ?rst enterprise in the Jiangsu transportation sector toreceive this honor.Over the years, JSTI has focused on technology research and development, adhered to independent innovation, and achievedfruitful results, successively honored as a "National High-tech Enterprise", "National Innovative Enterprise", "National IntellectualProperty Demonstration Enterprise", and "National Model Unit for Introducing Foreign Intelligence". The Company has formed aplatform cluster centered on two national research platforms (the National Engineering Research Center for New Road Materialsand the National Key Laboratory for Safety, Longevity and Healthy Operation of Long-distance Bridges) and supported by morethan 40 ministerial, provincial and municipal platforms, conducting various types of research to meet the needs of the transporta-tion industry. It has repeatedly received major national scienti?c and technological special projects, such as key R&D projects of theMinistry of Science and Technology, the National Science and Technology Support Program, international cooperation projects,and the National Natural Science Foundation of China.
JSTI Group is the ?rst A-share listed engineering consulting company in China, ranking among the top in terms of research level,technical ability, quali?cations, brand, and market share. The Company's overall strength and competitiveness maintain a leadingposition in the industry. In 2024, it ranked 67th in the "Top 150 Global Design Firms" by Engineering News-Record (ENR) and 85thamong the "Top 225 International Design Firms". JSTI currently has over 120 subsidiaries, with branches in more than 20 countriesglobally and projects in over 60 countries, employing more than 8,000 full-time sta?.The Company's main business includes engineering consulting and engineering contracting, with engineering consulting being thecore business. JSTI is dedicated to providing customers with innovative, leading one-stop comprehensive solutions.The Company's main business structure and main products are as follows:
Basic Information
Corporate Culture
Business Overview
Our mission
To become the most dynam-ic and trustworthy enter-prise, shaping the newworld
Our vision
To become a global leaderin technology enterprises inthe infrastructure sector
Our values
Customer Focus; TalentDevelopment; TeamworkSpirit; Innovation Excel-lence; Result Orientation
Industries such as high-ways, municipal engi-neering, water trans-port, railways, urbanrail, environmental,aviation, water conser-vancy, construction,and power
Corresponding Downstream
Industries
Surveyand design
Comprehensive
testing
Projectmanagement
EnvironmentalbusinessInfrastructureengineering co-nsulting repo-rts, project feasi-bility studyreports, prelimi-nary cost esti-mates, designdocuments,and drawings,etc.
Environmentaltesting (moni-toring) reports,environmentalimpact assess-ment reports,etc.Civil testingreports, roadtesting systemservices, etc.
Engineering su-pervision serv-ices, etc.
Engineeringconsultation
Infrastructure engineering contracting services, etc.
Engineeringcontracting
JSTI GroupSustainability Report 2024
1112
Quali?cation CategoryNameKey Quali?cations 2024 Corporate Honors
Planning category■Grade A urban and rural planning compilation quali?cationConsulting category
■Grade A comprehensive engineering consulting creditworthiness
■Grade A specialized engineering consulting creditworthiness
■Grade A special engineering consulting creditworthiness■Grade A surveying quali?cation
■Grade A for highway engineering■Grade A for municipal public works supervision
Surveying category
■Grade A engineering exploration comprehensive quali?cationExploration category
■Grade A comprehensive engineering design quali?cation■Grade A special engineering design quali?cationDesign categoryTIC (engineering) category
Construction categorySupervision category
■Engineering quality inspection quali?cations: Highway engineering ? special tra?c engi-neering, highway engineering ?special bridge and tunnel engineering, highway engineering ?Grade A, waterway engineering ? Grade A for materials, waterway engineering ? Grade A forstructures■Construction industry quali?cations: Grade One general contracting for highway engineer-ing, Grade One general contracting for municipal public works, Grade One specialized con-tracting for bridge engineering, and Grade One specialized contracting for highway subgradeengineering
People's Government of Hubei Province
First Prize in Scienti?cand Technological Progress Award
March 2024
People's Governmentof Heilongjiang ProvinceFirst Prize of Heilongjiang Science
and Technology Progress Award
August 2024
People's Government
of Jiangsu ProvinceFirst Prize of Jiangsu Scienceand Technology Award in 2023
October 2024
China Association for Promoting Science
and Technology Industrialization
First Prize in the Technology
Innovation Award
October 2024
China Highway SocietyFirst Prize in the "Tiangong Cup" Digital
Tra?c and Intelligent ConstructionTechnology Application Competition
October 2024
China Steel Construction Society
First Prize in Scienti?cand Technological Progressof China Steel Construction Society
October 2024
China Highway SocietyFirst Prize in Scienti?cand Technological Progress
of China Highway Society
November 2024
China Municipal Engineering Association
First-class results(comprehensive group)in the 6th "Municipal Cup" BIMApplication Skills Competition
November 2024
China Associationof CommunicationEnterprise ManagementTransportation Brand Enterprise
November 2024
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JSTI GroupSustainability Report 2024
■The Group was recognized for "Advanced Quality Manage-ment Methods in Jiangsu, Zhejiang, Anhui, Jiangxi, andShanghai for 2024"■Energy Tech, a subsidiary of the Group, was honored as anational specialized, re?ned, di?erential and innovative"Little Giant" enterprise■The "Sucheng to Sihong Section of Yancheng to LuoyangNational Expressway", designed by the Group, passed thecompletion acceptance
■The Academic Seminar on Low-altitude Economic Develop-ment and the Inauguration Ceremony of the Low-altitudeEconomic Development Industry Research Institute weregrandly held at the JSTI Nanjing Design Center■The Group's "Going green, standing at the forefront of thenew carbon road" case was included in the "Top 100 Low-car-bon Brands" case■The Group actively participated in "The 16th InternationalTransportation Technology and Equipment Exhibition andGlobal Sustainable Transportation Summit (2024)"
■The "Green and Low-Carbon Technology R&D Center of
■Two projects by the Group won the First Prize in the"Tiangong Cup" Digital Tra?c and Intelligent ConstructionTechnology Application Competition■The signing ceremony of the strategic cooperation betweenJSTI and China Construction Port and Navigation Bureau wassuccessfully held
■The "Research on Key Technologies and System Develop-ment for Road Full Lifecycle Maintenance Based on OptimalBene?ts" undertaken by the Group successfully passed accep-tance■The Group successfully won the bid for the Smart Compre-hensive Logistics Park of Gansu (Tianshui) International LandPort - "Emergency and Normal Use" suburban largewarehouse EPC general contracting project■The Xiamen Shanhai Health Trail designed by the XiamenMunicipal Institute won the "2024 Excellence Award ofInternational Municipal Engineering Association"
■The "Tra?c Services Digital Economy Development andLow-Altitude Economy Empowering Road Tra?c SalonSeminar" hosted by the Group was successfully held■The "Yangkou Port to Rudong Urban Section of YangkouPort to Nantong Expressway" project, in which the Groupparticipated in survey and design, passed acceptance■The "Yancheng-Taizhou-Wuxi-Changzhou-Yixing Railway"project, which the Group participated in designing, o?ciallystarted construction
■The "Tropical Rainforest National Park Tourism Highway",surveyed and designed by the Group, o?cially opened totra?c■The signing and inauguration ceremony of the Bay AreaJoint Laboratory of the National Key Laboratory for Safety,Longevity and Healthy Operation of Long-distance Bridgeswas successfully held■The Group supported the opening of Suzhou Metro Line 7,Xuzhou Metro Line 3 Phase II, and Nanjing Metro Line 7,marking signi?cant advancements in urban transit infrastruc-ture
■The Group joined the National Transportation EnergyIntegration Industry-Academia-Research Alliance■The "Research and Application of Digital Intelligent Mainte-nance Technology of Expressway" project participated by theJSTI Digital Intelligence, a subsidiary of the Group, won thesecond prize of the "Jiangxi Science and Technology ProgressAward"■Two railway freight planning projects prepared by theGroup passed expert review■The Group successfully won the bid for the Huangpu Districtlow-altitude ?ight infrastructure new infrastructure project■The civil drone test ?ight operation base led by the Grouppassed the acceptance smoothly
■Eptisa won the "ESRI Technical Training Excellence Award"■The Group successfully won the bid for the "ProvincialTechnical Service for the Compilation of County RoadNetwork Planning in Jiangsu Province" and the "Constructionof the Modernization Index System for Jiangsu Province's'Four Good Rural Roads'" projects■The "Guidelines on the Promotion and Application of theSecond Batch of Jiangsu Steel Structure Bridges" edited bythe Group was o?cially released■The Group made a brilliant appearance at the World Trans-portation Conference (WTC) with its cutting-edge "innovativeachievements", and started a journey of leading technologi-
■Eptisa Southeast Europe Region signed new project:
Supporting the establishment of Natura 2000 nature reservenetwork in Montenegro■The Group established a friendly strategic cooperation withKazakhstan Road New Materials International Trade Compa-ny■The Group signed a joint innovation cooperation agreementwith China Mobile Group Jiangsu Company Limited andHuawei, forging new chapters in intelligent transportation
■The Group successfully won the bid for the detailed territorialplanning project for the central urban area of Guangyuan City■The Group's e?orts helped Shanghai, Suzhou-Wuxi-Nantong tobe selected as "2024 National Comprehensive Freight Hub ChainStrengthening Support Cities"■The project "Technical Consultation on Optimization and Estima-tion of Total Social Logistics Costs in Jiangsu Province (InvolvingTransportation Part)" led by the Group passed the review■JSTI was recognized in the ENR list for the 19th consecutive yearwith "double nominations" in 2024
■"Rallying for New Beginnings" The Group's 2024 pledgeceremony was grandly held
■The "Construction and Quality Improvement of EngineeringMaintenance Quality Management System During SutongBridge Operational Period" project successfully passed accep-tance
■The Xiamen Shanhai Health Trail (Yunhai Trail, Linhai Trail)Project designed by Xiamen Municipal Engineering DesignInstitute Co., Ltd., a subsidiary of the Group, successfully wonthe "Chinese Habitat Environment Model Award"■The strategic cooperation signing ceremony of JSTI andProvincial Planning and Design Group was successfully held
■The signing ceremony of the low-altitude economic jointventure project between JSTI and United Aircraft Group wassuccessfully held■The Group's Road Engineering Institute (Road MaintenanceCenter) was honored as a "National Workers' Pioneer"
■The 220kV AIS substation in Matatita, Nepal, designed andconsulted by Chengnuo Weilai, a subsidiary of the Group, wassuccessfully completed
■The Zhangfu River Bridge, for which the Group'swholly-owned subsidiary, Tra?c Design, provided full-processconsulting services, was o?cially opened to tra?c
■The Group was invited to attend the Nanjing Low-altitudeEconomic Development Conference and signed a co-construc-tion agreement with the Jianye District Government and thecity's key low-altitude economic projects■The "Lanzhou Comprehensive Transportation System Plan(2023-2035)" compiled by the Group successfully passed theexpert review
2024 Major Events
November
December
September
October
June
July
August
February
March
April
May
1314
JSTI GroupSustainability Report 2024
1516
Special Topic 1
Digital Driving Forward,Empowerment Helping Upgrade
JSTI's digital strategy encompasses strategic intent, business design, organizational talent, and key tasks,aiming to enhance operational e?ciency and build new production capabilities through digital transfor-mation.
Strategic intent
Business design
Organizational talent
Key tasks
Development positioning: Advance management digitalization to achieve business and
?nance integration and data-driven processes; promote business digitalization toenhance business platform empowerment; and develop digital businesses to create asecond growth curve.
Target vision: Reduce non-project costs, control quality risks, increase project pro?tmargins, achieve high revenue growth in digital businesses, and obtain data assetregistration certi?cates to promote data transaction.Management digitalization: Enhance digital operation capabilities through the construc-
tion of a global operations system, intelligent transformation, and data-drivendecision-making, achieving system interconnection, intelligent applications, cost reduc-tion and e?ciency enhancement.Business digitalization: Utilize new technologies to enhance business platform empow-erment, such as construction of D platform and T platform products, achieving functionslike 3D modeling and intelligent detection, and accumulating energy for platform-orient-ed development.Digital business: Around the operational phase of infrastructure, develop smart capacityexpansion, low-altitude smart supervision, and other digital business product systemsto promote the transformation of traditional businesses and increase market share.Structure: Establish a digitalization committee, with each business institute responsible
for product sales delivery and functional centers responsible for infrastructure, systemconstruction, and coordination management.Technology leaders: De?ne technology leaders for each business direction, enhancingtechnical levels through internal training or external recruitment, and driving productiteration and development.Include enhancement and promotion of the D platform and T platform, construction of aglobal operations management map, exploration of AI scenario applications, andconstruction of a digital business services platform, with quantitative indicators to planand implement the process.
The Company's digital business products are diverse and play a key role in areas such as management digitalization and businessdigitalization, driving the Company's digital transformation and providing strong support for achieving strategic objectives.
Global operations system, intelligent transformation (AI applications), and data-driven decision-making
D platform, T platform (intelligent detection), digital business services platform, and Quanzi Cloud
Management digitalization products
Business digitalization products
Smart capacity expansion, low-altitude smart supervision services platform, Wukong Cloud infrastructuredigital base, Vehicle-Road-Cloud Integrated System, Urban Lifeline, lightweight monitoring, multimodaltransport, transport economy, and Green Transportation CloudDigital business products
JSTI GroupSustainability Report 2024
1718
Driven by a combination of "consulting + technology +assets", it adheres to technology leadership, focusing ondigitalization and industry integration and innovation,creating core products for low-altitude applications,exploring operational management and pro?t models,and aiming to become an integrated urban low-altitude"invest-build-operate" service provider.
Based in Jiangsu, it solidi?es its market in the YangtzeRiver Delta region, actively expands into the Pearl RiverDelta, Beijing-Tianjin-Hebei, and Chengdu-Chongqingregions, and develops other areas in an orderly manner.
JSTI's low-altitude economic business focuses on planning consultation and industrial planning, industrialization, extendedindustries, and productization, building ?ve core capabilities.
Low-altitude economic and industrial direction
Business design and planning
Innovation capacity building
Organizational talent strategy
Key task planning
The low-altitude economy represents a globally competitive new track, a national strategic emerging industry,and a typical example of new production capabilities. JSTI established Tengyun Low-altitude Intelligent Technol-ogy Development Co., Ltd., and has formulated a series of low-altitude economic business development plansaimed at promoting the development of low-altitude economic operations, enhancing the Company's competi-tiveness and in?uence.Tengyun Technology has already undertaken 7 major initiatives and 28 projects, covering consulting services,infrastructure construction, and extended services. The Company actively participates in multiple low-altitudealliances, engages in exchanges and cooperation with various parties, and has led the establishment of theJiangsu Industrial Research Institute of Low-altitude Economic Development.Tengyun Technology is determined to become a domestically renowned high-end think tank-type technologyenterprise in the ?eld of low-altitude economic development.
Special Topic 2Laying out Low-Altitude Track,Expanding Development Space
Construct an organizational structure that matches business development, establishmultiple business units, cultivate and attract technology leaders and key talents througha combination of internal promotion and external introduction, while planning paths forpersonnel e?ciency enhancementFocus on implementing six key tasks, including core talent introduction, core capabilitybuilding, platform construction, exploration of new low-altitude infrastructure models,development of application scenarios and ?ight services, and low-altitude applicationproduct development, specifying key results and responsibilities for each task
Conduct core capability building around ?ve key areas such as urban air tra?c manage-ment systems, and establish detailed development goals, action plans, and resourceallocation plans to enhance the Company's technology and service levels in the low-alti-tude economy
Productization: Complete the development and deployment of multiple low-altitudeplatform products
Extended industries: Advance the development of low-altitude facilities and equipmenttesting, training, and competition services
Industrialization: Focus on new low-altitude infrastructure EPC and operational manage-ment model exploration, using the Dongtai project as a breakthrough, and participating inplatform construction and operation in multiple locations
Planning consultation and industrial planning: Continuously undertake low-altitudeeconomic development planning and regulatory standards setting in multiple locations
Low-altitude manufacturing
Provide aircraft and other products and services forlow-altitude ?ight activities, including research anddevelopment, manufacturing, production, sales, test-ing, training, quali?cation certi?cation, etc. of drones
Low-altitude supportRelated industries that provide support services forlow-altitude ?ight and airspace safety, including infra-structure construction, low-altitude airspace controlsystems, UAV ?ight information, UAV countermeasuresystems, etc.
Low-altitude ?ightThe core industries of the low-altitude economy play atraction and driving role in the development of the entirelow-altitude economy, including production operations(low-altitude + agriculture and forestry, low-altitude +environmental protection, etc.), public services (low-alti-tude + emergency, low-altitude + ?re protection, etc.),and aviation consumption (low-altitude + logistics,low-altitude + cultural tourism, etc.)
Comprehensive servicesAll kinds of service industries that support and assistthe development of low-altitude economy, includingaviation exhibition, advertising consulting, science andeducation, cultural media, leasing, etc.
Developme-nt direction
Sustainable Governance
Responding to SDGs
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JSTI upholds a sustainable development policy of "Strategic Leadership, Diversi?ed Innovation, Science and Technology Empow-erment, and Green Synergy", aiming to become a global leader in the technology sector of the infrastructure ?eld and achievesustainable corporate development.
The Company is committed to becoming an industry leader and a model for sustainable development. It actively responds to the"carbon peak and carbon neutrality" goals and the United Nations Sustainable Development Goals (SDGs), enhances the ESGstrategy framework, and adheres to commitments to natural environments, society, employees, and customers. The Companyorderly identi?es, monitors, and manages risks and opportunities in the ESG domain, integrating sustainable developmentconcepts into corporate management decisions and actively promoting a transition towards green, low-carbon, harmoniouslyco-created, and high-quality development paths.
Sustainable development vision and goals
Sustainable development policy
Strategic leadership
Guided by the "2+2?∞" strategic plan, JSTIcharts a path for sustainable development
Science and technology empowerment
Focus on technological R&D and innovation,and rely on research platforms and project out-comes for empowerment
Diversi?ed innovation
Diversify business operations, enhance projectquality, explore new areas, and upgrade tradi-tional businesses
Green synergy
Implement green development principlesthrough organizational management synergy
Enhancing Governance Mechanismto Drive Sustainable Development
Sustainabledevelopment
policy
SDGsActionCorresponding Section
Responding to SDGs
Establish an E-learning network academy, set up the JSTIer WeChatplatform, develop the Fangshan University course system, and supportall employees in learning and growth; establish scholarships
Chapter 4 Enhancing Quality of LifeI. Protecting Labor Rights, Promoting EmployeeDevelopmentIII. Ful?lling Social Responsibilities, DeliveringCorporate WarmthEliminate workplace gender discrimination, adhere to the principle ofequal pay for equal work, provide restrooms and nursery rooms forfemale employees, and set up a women's committee to speak out onbehalf of female workers
Chapter 4 Enhancing Quality of LifeI. Protecting Labor Rights, Promoting EmployeeDevelopmentImplement wastewater management and improve water resourceutilization
Chapter 2 Environmental ProtectionIII. Enhancing Resource E?ciency, PromotingGreen DevelopmentPower o?ce buildings with renewable energy, install electric vehiclecharging stations in o?ce areas, and advocate green commuting foremployees
Chapter 2 Environmental ProtectionIII. Enhancing Resource E?ciency, PromotingGreen DevelopmentSafeguard employee rights, and ?rmly oppose all forms of child labor andforced labor
Chapter 4 Enhancing Quality of LifeI. Protecting Labor Rights, Promoting EmployeeDevelopmentEstablish a full lifecycle technology innovation management system,formulate innovation reward policies at di?erent levels, and strengthenintellectual property protection
Chapter 3 Industrial ValueII. Innovation Driving Forward, Starting a NewChapterAdvocate an equal and diverse workplace environment, ensuring employ-ees enjoy equal treatment in recruitment, salary, training, and promotion
Chapter 4 Enhancing Quality of LifeI. Protecting Labor Rights, Promoting EmployeeDevelopmentDeepen environmental measures, and advance soil and water monitoring
Chapter 2 Environmental ProtectionII. Improving System Management, ControllingEnvironmental RiskStrengthen product quality control using a digital management model,providing higher quality services to customers
Chapter 3 Industrial ValueIII. Strictly Adhering to the Quality Line andFul?lling the Responsibility of SafetyActively respond to "carbon peak and carbon neutrality" targets,vigorously promote energy conservation and carbon reduction, insist onusing clean energy, and reduce greenhouse gas emissions
Chapter 2 Environmental ProtectionI. Addressing Climate Challenges, PromotingLow-Carbon TransitionIII. Enhancing Resource E?ciency, PromotingGreen DevelopmentConstruct sewage treatment facilities, classify and manage productionand domestic wastewater
Chapter 2 Environmental ProtectionII. Improving System Management, ControllingEnvironmental RiskEngage in greening and soil groundwater testing work to create a livableenvironment for terrestrial organisms
Chapter 2 Environmental ProtectionII. Improving System Management, ControllingEnvironmental RiskOperate legally and compliantly, regulate the operation by the Board ofDirectors, the Board of Supervisors and the General Meetings ofShareholders, strengthen risk control, and enhance investor relationsmanagement and anti-corruption e?orts
Chapter 1 Sustainable GovernanceII. Guaranteeing Operations with ComplianceIII. Strictly Observing Legal Conduct, Creating aBusiness EcosystemStrictly control supplier access, selection, and assessment work, andcontinuously strengthen the daily management of suppliers
Chapter 3 Industrial ValueI. Building a Responsible Supply Chain, Fortify-ing the Supply Base
SDGsActionCorresponding Section
Responding to SDGs
Actively practice social responsibility, engage in charitable donations,and support educational aid
Chapter 4 Enhancing Quality of LifeIII. Ful?lling Social Responsibilities, DeliveringCorporate WarmthPromote rural revitalization and consolidate the achievements ofpoverty alleviation
Chapter 4 Enhancing Quality of LifeIII. Ful?lling Social Responsibilities, DeliveringCorporate WarmthAdhere to safety operation guidelines, advance safety training, strength-en occupational disease prevention measures, and create a healthyenvironment for employees
Chapter 4 Enhancing Quality of LifeII. Valuing Health and Safety, Creating a SafeEnvironment
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To achieve long-term, stable, and balanced development and to lay a solid foundation for sustainable development, the Companyhas established a three-tier sustainable development management structure of "Decision-making — Management — Execution".The Board of Directors acts as the decision-making body, responsible for making decisions on signi?cant matters related to theCompany's sustainable development and reviewing the annual Sustainability Report. Each department/subsidiary's managementis tasked with formulating sustainable development strategic plans and goals, coordinating, and promoting the implementation ofprojects. An ESG-speci?c working group is established to carry out detailed sustainable development tasks.
Sustainable development governance structure
Sustainable development supervision and assessment
Stakeholder identi?cation
Stakeholder communication channel
Sustainable development information management mechanism
Sustainable development risk management
To actively practice the concept of sustainable development, the Company has established a reporting and management indexsystem covering occupational health and safety, product quality, and technological innovation, among other issues. It continuous-ly enhances the ESG management index library. By regularly collecting, organizing, and analyzing data, the Company monitors theoperation of its sustainable governance mechanisms and ensures that the sustainable development goals are clearly understoodand e?ectively implemented internally.To address changes in internal and external environments, the Company has built a comprehensive risk management system,established a series of risk management systems, and regularly identi?es, assesses potential risks, and formulates responsemeasures.
The Company has established a comprehensive sustainable development supervision and assessment mechanism that integratesdaily performance tracking with periodic performance evaluations. It closely revolves around strategic planning and associatesteam goals with individual indices through index decomposition, comprehensively evaluating the achievement of business objec-tives, key work progress, and innovation breakthroughs. Based on this, the Company plans to gradually incorporate ESG-relatedindices into the performance evaluation system of responsibility managers, comprehensively promoting the Company's sustain-able development.
Stakeholders refer broadly to individuals or groups whose interests are or could be a?ected by corporate activities. The Company'soperations involve various stakeholders. To ensure that the content of this report is accurately focused, achieves e?ective commu-nication, and meets the demands and expectations of stakeholders, the Company conducts stakeholder identi?cation workaccording to the
The Company has established a diversi?ed communication channel, extensively collecting expectations and suggestions from allstakeholders.
Sustainable development governance
Stakeholder Communication
Please refer to the corresponding chapters for details of the management of relevant risks.
Risk TypeDescriptionCorresponding Section
Physical
RisksPolicyRisks
MarketRisks
OperationalRisks
Projects located in areas prone to typhoons and heavy rainfall mayface risks such as project interruptions and delays in constructionperiodsChanges in government environmental policies may impact projectapprovals, team quali?cations, and operational complianceMarket demand may change due to climate variations, such as anincrease in the demand for green transportation infrastructure dueto global warming and intensi?ed industry competitionUnreasonable planning in service and outsourcing procurementand inaccurate market forecasts can lead to increased procure-ment and operational costs and resource wastageThe absence of an e?ective assessment and access system maylead to the selection of unsuitable suppliers, causing issues withmaterial quality, pricing, delivery, and impacting production andbusiness operationsEnvironmental Operational Risks
Chapter 2 Environmental ProtectionI. Addressing Climate Challenges,Promoting Low-Carbon TransitionChapter 2 Environmental ProtectionI. Addressing Climate Challenges,Promoting Low-Carbon TransitionChapter 2 Environmental ProtectionI. Addressing Climate Challenges,Promoting Low-Carbon TransitionChapter 3 Industrial ValueI. Building a Responsible Supply Chain,Fortifying the Supply BaseChapter 3 Industrial ValueI. Building a Responsible Supply Chain,Fortifying the Supply BaseChapter 4 Enhancing Quality of LifeII. Valuing Health and Safety, Creating aSafe Environment
Risk TypeDescriptionCorresponding Section
Procure-ment Risks
AssetManagementRisksTechnologyRisks
Direct purchases or improper source comparison may lead tounreasonable prices, inappropriate supplier selection, and di?cul-ties in ensuring quality, a?ecting the Company's bene?ts andoperational e?ciency. Unreasonable tendering settings may leadto non-transparent procurement processes, increasing the risk oflegal violations and procurement costs, and making it di?cult toselect high-quality suppliersIf the Company fails to leverage independent innovation policies toincrease investment in technological transformation and fails toachieve technological upgrades and elimination of outdatedequipment, it may result in outdated ?xed assets technology,a?ecting production e?ciency and market competitivenessRisks of production equipment failures
Chapter 3 Industrial ValueI. Building a Responsible Supply Chain,Fortifying the Supply Base
Chapter 3 Industrial ValueII. Innovation Driving Forward, Starting aNew ChapterChapter 4 Enhancing Quality of LifeII. Valuing Health and Safety, Creating aSafe Environment
Guidelines No. 17 of the Shenzhen Stock Exchange for the Self-regulation of Listed Companies - SustainabilityReport (Trial).
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Material issue matrixStakeholders
Communicationapproaches
Issues of Concern
Sharehol-ders andinvestors
Clients
Employees
Assessment process and method of material issues
Issue evaluation process
Material issue management
Utilize value chain analysisto examine the ESGimpacts, risks, and oppor-tunities associated withvarious issues, identifyingthe demands and expecta-tions of the Company'sstakeholders.
Step 1:
Understand the Company'sbackground
A total of 383 valid ques-tionnaires are collected bysurveying and analyzingstakeholders through ques-tionnaires.Combine the survey resultsand expert judgments to?nally determine 4 issuesof ?nancial materiality and12 issues of impact materi-ality.
Step 3:
Materiality assessmentof issuesRefer to the global report-ing frameworks such asGRI, SDGs, and SASB, aswell as key issues focusedon by domestic and inter-national peers, to establishand re?ne the Company'sissue bank for the year2024.
Step 2:
Initial screening of issues
Step 4:
Issue identi?cationFormulate a list of issueswith ?nancial materialityand impact materiality,ensuring that these issuesare disclosed in the report.
Communicationapproaches
Issues of ConcernStakeholders
Supplier
Community
Governmentand regulat-ory authori-ties
Media
Dimension
With impact materialitybut no ?nancial materiality
With no ?nancial materiality
or impact materiality
Environment
Society
With both ?nancialmateriality and impactmaterialityAddressing climatechangeOccupational healthand safety, innovationdrive, and responsiblesupply chain managementCorporategovernance
/
Environmental compliance management, energyutilization, and circular economyProtecting the legitimate rights and interests ofemployees, employee training and development,product and service safety and quality, and pro-tecting customer rights and interestsProtecting shareholders' rights and interests,regulating corporate governance, anti-commer-cial bribery and anti-corruption, tax compliance,internal control and risk management
Water resource utilization,pollutant emission, wastemanagement, ecosystemand biodiversity protectionEqual treatment of SMEs,social contribution, andrural revitalizationAnti-unfair competition,due diligence, stakeholdercommunication, and ESGgovernance
Results of the materiality assessment
With both ?nancial materiality and impact materialityWith ?nancial materiality but no impact materiality
With impact materiality but no ?nancial materialityWith no ?nancial materiality or impact materialityMateriality for the Company's ?nances
Materiality for economic, social and environmental impactsVery important
Very important
Environmental compliance managementEnergy utilizationAddressing climate changeCircular economyWater resource utilizationPollutant emissionWaste disposalEcosystem and biodiversity conservationProtecting the legitimate rights andinterests of employeesEmployee training and developmentOccupational health and safetyInnovation drivenProduct and service safety and qualityProtecting customer rights and interestsInformation security and privacy protectionResponsible supply chain management Equal treatment of SMEs Social contributionRural revitalizationProtecting shareholders' rights and interestsRegulating corporate governanceAnti-commercial bribery and anti-corruptionAnti-unfair competitionTax complianceInternal control and risk managementDue diligence Stakeholder communicationESG governance
■
Shareholders' Meeting
■
Information disclosure
■
Performance brie?ng
■
Shenzhen StockExchange EasyInteraction Platform
■
Investor hotline
■Research reception■Participating instrategy meeting■Panorama Network's In-vestor Relations Intera-ctive Platform
■Protection ofshareholder equity■Regulatingcorporate governance■Internal controland risk management■Stakeholder Communication
■Responsible supplychain management■Regulatingcorporate governance■Internal controland risk management■Social contribution■Rural revitalization
■Regulatingcorporate governance■Internal controland risk management■Stakeholder Communication
■Regulatingcorporate governance■Internal controland risk management■Tax compliance■Anti-commercial briberyand anti-corruption■Anti-unfair Competitions
■Regulatingcorporate governance■
Internal controland risk management
■
Stakeholder Communication
■
Innovation-Driven
■
Product and servicesafety and quality
■
Protecting thelegitimate rightsand interests of employees
■
Employee trainingand development
■
Occupational healthand safety
■
Business cooperation
■
Transparentprocurement
■
Supplierassessment and audit
■
Public bene?t activities
■
Rural revitalization
■
Public donations
■
Information disclosure
■
Inspectionand supervision
■
Researchand discussion
■
Roadshow
■
Performance brie?ng
■
Promotional report
■
Congress ofWorkers and Sta?
■
Employee training
■
Employee activities
■
Employee experience
■
Satisfaction survey
■
Customer visits
■
After-sales services
■
Customer satisfactionsurvey
The Company refers to the assessment methods of disclosure standards such as the and evaluates material issues from two dimensions:
?nancial materiality and impact materiality. This process has identi?ed 4 issues of ?nancial materiality and 12 issues of impactmateriality, which are prominently addressed in the report.
Guidelines No. 17 of the Shenzhen Stock Exc-hange for the Self-regulation of Listed Companies - Sustainability Report (Trial)
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The convening procedures, quali?cations of participants, and voting procedures of the Company's shareholders' meeting allcomply with the Company Law, Articles of Association and other relevant regulations.The voting at the Company's shareholders' meeting is conducted through a combination of on-site voting and online voting. Toprotect the investment interests and legal rights of minority shareholders, major issues a?ecting the interests of minority investorsare voted on separately, and a law ?rm is hired to provide legal opinions on the shareholders' meeting.
The Board of Directors includes a Strategy Committee, Investment Committee, Audit Committee, andNomination and Compensation Committee to assist the Board in ful?lling its decision-making andmonitoring functions, playing a signi?cant role in promoting the Company's standardized operations andhealthy development.Special CommitteeComposition
Strategy CommitteeInvestment CommitteeAudit CommitteeNominationand Compensation Committee
Governance by the Board of Directors, the Board ofSupervisors and the General Meetings of Shareholders
Independence
Guaranteeing Operationswith Compliance
Shareholders' Meeting
Governance structure
Board of Supervisors
Secretary of the Board of Directors
Shareholders' Meeting
Board of Directors
Business Management
Strategy CommitteeInvestment Committee
Audit CommitteeNomination and Compensation Committee
Scene of 2023 annual shareholders' meeting of JSTI
Scene of the 17th meeting of the Fifth Board of Directors of JSTIScene of the 19th meeting of the Fifth Board of Directors of JSTI
During the reporting period,the Company held 3 shareholders' meetings, including 1annual shareholders' meeting and 2 extraordinary share-holders' meetings, with a total of 19 proposals consid-ered and passed.
During the reporting period, the Company held six Board meetings,reviewed and passed46 Board meeting proposals, with an attendance rate of 100%.
Director: Mr. Li DapengCommittee member: Mr. Zheng HongweiCommittee member: Mrs. Zhang Hanyu (independent director)Director: Mr. Wang JunhuaCommittee member: Mr. Wu XiangCommittee member: Mr. Han WeiDirector: Mr. Yang Xiong (independent director) (accounting professional)Committee member: Mr. Wang JunhuaCommittee member: Mr. Sha Hui (independent director)Director: Mrs. Zhang Hanyu (independent director)Committee member: Mr. Zhu XiaoningCommittee member: Mr. Sha Hui (independent director)
JSTI strictly follows the provisions of the (hereinafter referred to as the "CompanyLaw"), the (hereinafter referred to as the "Securities Law"), and other relevant laws,formulates the (hereinafter referred to as the "Articles of Association") and other systems, con-tinuously optimizes the management system, and improves internal governance to e?ectively protect the rights and interests ofshareholders and other stakeholders.
Company Law of the People's Republic of China Securities Law of the People's Republic of China
Articles of Association of JSTI Group
The Board of Directors is accountable to the Shareholders' Meeting, reviews major issues in the Company's operations, and makesdecisions or submits them for review by the Shareholders' Meeting. JSTI strictly adheres to the , clearly de?nes the scope of authority of the Board of Directors, perfects thestandard operating procedures for convening meetings, deliberations, voting methods, and resolutions, and fully plays thedecision-making role of the Board of Directors.
Board of Directors
Company Law , Articles of Associa-tion , and Rules of Procedure of the Board of Directors
The Company strictly elects supervisors in accordance with the election procedures speci?ed in theanddiligently ful?lling their duties and overseeing the legality and compliance of major company matters, ?nancial conditions, and theperformance of duties by directors and senior management.Our Board of Supervisors had 3 supervisors, including 1 supervisor who was an employee representative. During the reportingperiod, the convening procedures, quali?cations of participants, and voting procedures of the Supervisory Board meetings allcomply with the and other relevant regulations.
2930
According to the "Management Measures for Independent Directors of Listed Companies", JSTI has formulated the "IndependentDirector System" and "Rules of Procedure for Special Meetings of Independent Directors", clearly de?ning the duties and authorityof independent directors to ensure they can e?ectively exercise their powers. At the same time, the Company stipulates thatindependent directors should independently perform their duties, participate in board decision-making, and express clearopinions on matters discussed, safeguarding the overall interests of the Company and protecting the legitimate rights andinterests of minority shareholders. As of the end of the reporting period, the Company has three independent directors, accountingfor 33.33% of the board.
In strict accordance with the relevant provisions of the , the Company has formulated therelevant compensation and appraisal system, and established a compensation and performance assessment system for seniormanagement. Based on internal systems and considering the current operational status and industry compensation levels, theCompany has formulated the 2024 compensation and assessment plan for directors, supervisors, and senior management. Thisplan aims to fully motivate senior management, enhance operational e?ciency and quality, and ensure the achievement of theCompany's business objectives.
The compensation of senior management personnel is comprehensively evaluated based on their job positions and managementroles within the Company, the completion of performance assessment indicators, the completion of relevant ESG indicators andobjectives, and the overall business performance of the Company, with compensation awarded according to the Company'scompensation management systems.
JSTI places high importance on the construction of the Company's risk and compliance governance system, and adheres to acompliance management philosophy that uses risk management as the core, internal control as the means, and compliancemanagement as the foundation, committed to building a virtuous cycle risk management system to promote high-quality develop-ment of the Company.
JSTI places great emphasis on cultivating a compliance culture within the Company, and regularly organizes compliance-themedtraining for employees to strengthen their awareness of compliance and improve the Company's compliance management level.During the reporting period, the Company conducted two compliance-themed training sessions with 260 participants, totaling 260hours of training.
The Company is committed to building a diverse Board team, fully considering factors such asgender and educational background of the members, which helps improve the decision-makingquality of the Board.Diversity
Compensation management for directors,supervisors and senior management
Compliance management
Total pre-tax remuneration received by directors,supervisors and senior executives from the Company (CNY10,000)
2022Indicator202320241,594.11,518.31,490.77
Compliance management system
Compliance trainingBoard of Supervisors
By educational backgroundBy ageBoard MemberUndergraduate 4
Master 5
Below 50 years old 350 years old and above 6
Compliance management theme training
The Company regularly conducts compliance-themed training for employees, covering multiple compliance areasincluding corporate governance, accounting and taxation, and environmental management.
Legal risk prevention during contract performanceCorporate operational compliance training
As of the end of the reporting period,the Company had a total of 9 direc-tors, including 1 female director,accounting for 11.11%.
During the reporting period, the Supervisory Board held5 meetings, reviewed and passed 23 Supervisory Board proposals, with an attendance rate of 100%.
To establish and perfect the Company's compliance management system and mechanisms, clarify compliance responsibilities,and cultivate a compliance culture to achieve lawful and compliant business operations, the Company strictly formulates compli-ance management systems such as , other laws and regulations, and the actual situation of the Company. Thisestablishes a sound compliance management system, optimizes operational mechanisms, and de?nes compliance responsibilitiesto ensure compliant operations of the Company.
Related Transaction System, External Guarantee Decision-Making System, and External Inves-tment Management System based on the Company LawCompany Law and Articles ofAssociation, and all supervisors work according to the Articles of Association Rules of Procedure of the Supervisory Committee，
Company Law, Articles of Association
Company Law and Articles of Association
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The Company has formulated a risk management plan annually, carried out risk management activities as required, and collectedrisk information through weekly functional meetings, special communications, etc., to form a risk matrix database, thereby morecomprehensively and objectively identifying and assessing the likelihood and impact of risks. During the reporting period, theCompany has organized risk identi?cation and assessment, identi?ed key risks (10 categories in total), and organized functionalcenters to develop and follow up on control measures, implement external audit suggestions, and focus on the scienti?c andreasonable aspects of risk identi?cation and assessment, covering the entire company.
JSTI strictly adheres to national tax laws and regulations, has established a tax management system, and stipulates that the Groupformulates a tax planning scheme annually and conducts a tax planning execution analysis quarterly. The Company stays updatedwith new tax policies, disseminating them to each unit, and collects information through monthly tax reports on the Group's taxstatus, tax incentive policies, tax risks, and response measures. The Finance Center discusses the Group's tax management execu-tion and tax risk response plans through weekly meetings and irregular concentrated training for ?nancial personnel on tax lawsand related implementation rules.
To further standardize transactions with related parties, the Company has speci?ed the content of related transactions, the scopeof related persons, and the review and disclosure procedures in the The Company strictly enforcesa related transaction recusal system, ensuring that related directors and shareholders abstain from voting on related transactionsto ensure the Company's standardized operation.
Risk management
Internal control
Tax risk management
During the reporting period, the Company conducted risk management training aimed at building a stronger and more adaptablerisk management team through education and training, thus helping the Company more e?ectively identify and manage risks,ensuring the Company's robust operation and long-term development. During the reporting period, the Company conducted 3 riskmanagement trainings, with 653 participants, totaling 177 hours of training .
Risk management training
Related transaction management
Risk control essential knowledge course
During the reporting period, the Company o?ered a risk control essential knowledge course aimed at enhancingemployees' compliance awareness, risk identi?cation capabilities, and emergency handling abilities.Boardof Directors
Responsible for implementing the overall guidelines, policies, and work deploymentsof risk prevention work
(Leadingorganization)
Managementlayer
Responsible for executing the risk prevention requirements issued by the Board ofDirectors(Leadingorganization)
Managementdepartmentfor risk control
Responsible for implementing the decisions and arrangements of riskprevention work from the Board of Directors and management layer(Managementorganization)
Functionalmanagementdepartments
Responsible for implementing decisions and arrangements of riskprevention work within their process domains, as determined by theBoard of Directors and management layer(Managementorganization)
Business units
Responsible for implementing the Company's overall deploy-ment of risk prevention work and speci?c requirements of riskcontrol in various industry sectors(Implementingorganization)
During the reporting period, the Audit Department completed 11 audit projects(including5 cost audits, 3 special audits, 2 outsourced audits, and 1 internal controlaudit), and issued63 audit recommendations.
Related Transaction Regulations.
In accordance with legal regulations such as the other relevant laws, the Companyhas formulated the TheAudit Department is responsible for inspecting and evaluating the integrity, rationality, and e?ectiveness of the Company'sinternal controls; auditing the Company's accounting and other related economic materials, as well as the legality, compliance,authenticity, and completeness of the ?nancial revenues, expenditures, and related economic activities re?ected in them, aimingto perfect the Company's internal controls and ?nancial accounting to meet relevant legal regulations and the Company's internalcontrol requirements. As of the end of the reporting period, the Company has completed the
Basic Norms for Enterprise Internal Control andBasic Regulations for Internal Audit Work and Audit Qualitative Responsibility Management Regulations.
2024 Internal Control Self-EvaluationReport of JSTI Group.
In accordance with national laws, regulations, and relevant policies, the Company has established risk management systems suchasstandardizing risk management work. Relying on the OA system, the Company has launched risk identi?cationand assessment processes and risk event reporting processes, continuously optimizing the operational processes of risk manage-ment to e?ectively enhance risk handling and prevention capabilities.To e?ectively manage risk prevention work, the Company has established a risk prevention system led by the Board of Directors,with the Chairman serving as the highest leader in risk control. Following the principle of "who manages the business, whoapproves the process, who is responsible for risk control", the Company fully implements the risk control responsibilities of allrelevant parties.
Risk Control Management Regulations Regulations on Early Warning and Emergency Response Management of Major Risksand Emergencies,
and
During the reporting period, according to the issued by China Chengxin International CreditRating Co., Ltd., the Company's credit rating is AA+; the rating outlook is stable.
JSTI places high importance on the lawful rights and interests of shareholders and other stakeholders, and strictly follows laws andnormative documents such as theThe Company has a dedicated "Investor Relations Activities" section in the to standardize interactions and complaints handling with investors, further strength-ening communication with investors and potential investors, enhancing their understanding and recognition of the Company.Using performance brie?ngs, investor hotlines, the Company website's investor relations column, the Shenzhen Stock Exchange's"Easy Interaction" platform,and Panorama Network's "Investor Relations Interactive Platform", the Company actively communi-cates with investors, conveys corporate information to the market, thereby e?ectively protecting investors' legal rights andinterests, and fostering a long-term stable and mutually bene?cial relationship with investors.
In strict accordance with the regulations such as thethe Company has established systems like theto regulate the Company's information disclosure practices and strengthen the management of information disclosurea?airs, e?ectively enhancing the quality of information disclosure.The Company always adheres to the principles of openness, fairness, and justice in disclosing information, and through disclosurechannels like the SZSE website and CNINFO, ensures timely and accurate information disclosure, guaranteeing that all investorshave equal rights to information.
The Company has established scienti?c and e?ective pro?t distribution decision-making procedures and adjustment mechanisms,ensuring that the entire distribution process is open and transparent, fully safeguarding the rights of minority shareholders toinformation and participation, and truly protecting the legal rights and interests of minority shareholders. Additionally, the Compa-ny places shareholder returns at a signi?cant strategic position, formulates the "Three-Year (2023-2025) Shareholder DividendReturn Plan", and makes clear institutional arrangements for pro?t distribution, committed to maintaining the continuity andstability of the Company's pro?t distribution policy, and continuously enhancing the investment con?dence and satisfaction ofminority shareholders.
Investor relations management and shareholder rights
JSTI 2023 Annual Performance Brie?ng Meeting
Investor exchange
Information disclosure management
Shareholder rights
Performance
Cash dividend per 10 sharesTotal cash dividend (tax-inclusive)Cash dividend ratio
Unit
RMBCNY 10,000%
2024
0.95
11,996.86
53.47
3334
In May 2024, Zheng Hongwei, Deputy Secretary of theParty Committee, Deputy Chairman and GeneralManager of Guangzhou Pearl River Enterprises GroupLtd., the controlling shareholder of JSTI, visited theCompany for inspection and research
In December 2024, leaders of the State-owned AssetsSupervision and Administration Commission ofGuangzhou Municipal Government visited the Compa-ny for inspection and research
During the reporting period, the Companyhosted 6 on-site investor research visits,with a total of 63 investor visits,answered 450 investor calls, andinteracted with investors190times onthe Easy Interaction platform.
During the reporting period, the Company disclosed6 regular reports and 105 interim reports externally.
Measures for the Administration of Information Disclosure of Listed Companies,System
Insider Information ManagementInformation Disclosure Management Systemand
2024 Credit Rating Report of JSTI Group
Guidelines for Management of Relations Between Listed Companies and Investors and GEM St-ock Listing Rules of Shenzhen Stock Exchange. JSTIInformation Disclosure Management System
The Company has established early warning and prevention mechanisms for anti-business bribery and anti-corruption, promotingthe construction of an anti-business bribery and anti-corruption risk management system. The Audit Department coordinates themanagement of anti-business bribery and anti-corruption risks, while the Company has established the , providing a systematic foundation for identifying and controlling risks related to anti-business briberyand anti-corruption.3536
Anti-business bribery and anti-corruption system
Anti-unfair competition measures
Anti-business bribery and anti-corruption measures
Business ethics risk management
Strictly Observing Legal Conduct,Creating a Business Ecosystem
Whistleblowing channel construction
The Company encourages employee participation in internal governance, designates speci?c personnel to verify whistleblowerinformation, and implements a whistleblower reward mechanism, jointly creating a fair, transparent, and honest corporate culturewith employees. Multiple whistleblowing channels such as hotlines, e-mail, and designated personnel are available to allstakeholders, inviting them through transparent channels to supervise the Company.
The Company is committed to strengthening internal controls on business ethics, preventing corruption, bribery, fraud, and otherirregular behaviors. The whistleblowing management system ensures strict con?dentiality of whistleblowers' identities andcontent, clearly prohibiting any leakage of whistleblower personal information, and strictly forbidding disclosure of details to thereported individuals or related functional departments. Moreover, the Company strictly prohibits and forbids any form of retalia-tion against whistleblowers, and will take severe punitive measures against those who violate regulations by disclosingwhistleblower information or implementing retaliation.
The Company strictly adheres to national and local laws and regulations, resolutely opposes and resists all forms of unfair competition.Not only does the Company uphold principles of honest business practice, but it also actively advocates and participates in maintainingmarket fair competition order, establishing good communication and cooperation mechanisms with peers, suppliers, customers, andindustry associations to jointly maintain market order and resist unfair competition practices.By formulating and implementing the Marketing Management Regulations, JSTI explicitly standardizes the roles and behavioralguidelines of marketing personnel, while comprehensively supervising and evaluating marketing activities and the marketinge?orts of business units, thus ensuring that the Company's marketing activities are compliant, orderly, and collaborativelyconducted, and promoting the healthy development of the Company's business.
The Company strictly adheres to various laws and regulations including the Anti-Unfair Competition Law of the People's Republicof China,and has formulated internal management systems such as the These e?orts advocate an integrity-oriented atmosphere andstrictly control corruption risks.The Audit Department is responsible for implementing business ethics policies and overseeing internal anti-corruption andanti-bribery matters. By regularly publishing the and using real and cautionary cases, the Audit Department deeplyexplains the key connotations and practical requirements of business ethics to all employees, e?ectively guiding them to adhere toethical norms in their daily work and fostering a clean internal environment.Additionally, the Company places great emphasis on shaping employees' career starting points by integrating corporate systemexplanations and integrity values into induction training, emphasizing the importance of adhering to professional ethics, andencouraging employees to work diligently. Moreover, the Company's internal document "Guidance on Performance EvaluationRules for Managers' Promotion, Con?rmation, Early Warning, and Tenure" speci?cally includes professional ethics in employeepromotion assessments.During the reporting period, no corruption was found in the Company.Annually, the Company conducts anti-corruption training for Board members, management, and all employees, integratingintegrity culture with corporate governance and job responsibilities, infusing "integrity-driven" dynamics into corporate gover-nance.
Whistleblowing
channel
During the reporting period, the Company organized 8 anti-corruption training sessions with
42,701 participants, totaling 7,240 hours of training . Among these, 22 members of
management participated, totaling 22 hours of training .
Whistleblowing acceptance department: Group Audit DepartmentWhistleblowing e-mail: AD@JSTI.COM, JUBAO@JSTI.COMWhistleblowing tel: 025-86576579, 025-86576435Whistleblowing address: Audit Department of JSTI Group, No. 8 Fuchunjiang East Street, Nanjing
Number of responsible marketing trainings12 timesNumber of people participated in responsiblemarketing training612personsTotal hours of responsible marketing training1,800h
Anti-Monopoly Law of the People's Republic of China, Interim Provisions on Prohibition of Commercial Briberyand the
by the State Administration for Industry and Commerce,EmployeeCode of Conduct Anti-Business Bribery Management Regulations.and
Integrity Bulletin
Whistleblowing Management
Regulations on Anti-Fraud
Environmental Protection
Responding to SDGs
3940
Governance of addressing climate change
Strategy to address climate change
In recent years, climate-related risks such as global warming and extreme weather have been escalating, which not only a?ectshuman health, but also has a signi?cant impact on the business operations of the Company. In response to the challenges andopportunities presented by climate change, JSTI has implemented national policies and goals for "carbon peak and carbonneutrality", and has actively practiced climate change and carbon neutrality initiatives with reference to the TCFD recommenda-tions framework. During the reporting period, the Company clari?ed its development direction in green and low-carbon businessand ecological environmental protection business, actively explored new areas of green and low-carbon business, and achievedsigni?cant breakthroughs in creating a complete industry chain for green transportation and green and low-carbon business,demonstrating JSTI's role as an industry benchmark in low-carbon environmental protection, and laying a solid foundation for theCompany's sustainable development.
JSTI is committed to building a comprehensive climate governance system to actively address the challenges posed by climatechange. Currently, under the overall governance framework, the Company has established a climate governance structure led bythe Board of Directors, centered around the Environmental Institute, and coordinated by various departments. The Board ofDirectors, as the decision-making core, is responsible for the strategies and long-term goals related to climate change response;the Environmental Institute handles the formulation of strategic plans, the development and coordination of low-carbon business,and the research and development of green technologies; other functional departments and business units play their respectiveroles in implementing risk control, green technology, and quali?cation management.
The Company employs a comprehensive risk management framework to systematically identify and assess climate risks andopportunities across the upstream, midstream, and downstream of the value chain, ensuring e?ective responses to potentialenvironmental impacts. Based on a thorough risk assessment, the Company considers the needs of key stakeholders such ascustomers, employees, and suppliers, responds to long-term strategic objectives, formulates and implements climate riskmanagement strategies, and collaborates to promote JSTI towards a greener and more sustainable development path.In addressing di?erent segments of the value chain, the Company focuses on analyzing representative climate risks and opportuni-ties, estimates their potential ?nancial impacts, and plans response measures to ensure e?cient resource utilization.
Addressing Climate Challenges,Promoting Low-Carbon Transition
RiskType
RiskDriver
PhysicalRisks
PolicyRisks
Market
Risks
Description
ValueChainStage
Likelihoodof Occurr-ence
Likelihoodof Occurr-ence
ImpactDuration
FinancialImpact
ResponseStrategyExtremeweatherRegulato-ry chang-es a?ect-ing exist-ing prod-ucts andservicesChangesinmarketdemand
Projects located in areasprone to typhoons andheavy rainfall may facerisks such as projectinterruptions and delaysin construction periodsChanges in governmentenvironmental policiesmay impact projectapprovals, team quali?-cations, and operationalcomplianceMarket demand maychange due to climatevariations, such as anincrease in the demandfor green transportationinfrastructure due toglobal warming andintensi?ed industrycompetition
Directoperation
Directoperation
Downstreamvalue chain
Medium
Low
Medium
Short- tomedium-
term
Short- tomedium-
term
Medium-to long-
term
Increased addi-tional labor costsand expenses forequipment rentaland storageRevenue loss dueto project cancel-lations andincreased com-pliance costsDecrease inmarket shareleading toreduced revenueand pro?ts
Enhance projectrisk managementplans and emer-gency responsemechanismsClosely monitorpolicy trends toensure projectscomply with thelatest regulationsIncrease invest-ment in technolog-ical innovation,research anddevelopment toenhance marketcompetitiveness
Value Chain
Stage
ImpactDurationOppor-tunityType
Oppor-tunities
Marketoppor-tunity
Financialoppor-tunity
DescriptionFinancial ImpactRealization Strategy
Expansioninto newbusinessareas
Obtainedgreen ?n-ancial su-pport
With the growing globalfocus on climate change,there is a signi?cantincrease in marketdemand for servicessuch as green transpor-tation, new energy, andenvironmental consult-ing, providing the Com-pany with opportunitiesto expand into new busi-ness areasFinancial institutions areenhancing support forgreen projects inresponse to the nationalgreen developmentstrategy, introducing avariety of green ?nancialproducts, making iteasier for the Companyto obtain green ?nancialsupport
Downstream
value chain
Project?nancing
phase
High
High
Medium-to long-
term
Short-to medium
-term
Increase in reve-nue sources andmarket share
Improved capitalturnover rate andreduced ?nanc-ing costs
Increase invest-ment in technolo-gy innovation andR&D, and conductregular training foremployees
Thoroughly under-stand the variousgreen ?nancialproducts, activelyapply for green?nancial loans, andissue green bondsaccording to proj-ect needs
Notes: 1. Likelihood of occurrence: Low indicates a very small chance of risk/opportunity occurrence, rarely seen in past experiences or within theindustry; medium suggests a moderate likelihood, possibly occurring within a certain time frame with some historical cases, but not frequently; highindicates a signi?cant likelihood, often seen in business processes with several related historical cases.
2. Impact period: Short term implies a rapid and temporary impact, usually not exceeding 1 year (including); medium term indicates a more sustained
impact, usually signi?cant within 1 to 5 years (including); long term re?ects a profound and lasting impact, typically extending beyond 5 years.
Impacts, risks, and opportunities management of addressing climate change
Indices and targets of addressing climate change
Greenhouse gas emission management
To manage the impacts, risks, and opportunities posed by climate change, JSTI has established a comprehensive work mechanismfor climate risk identi?cation, assessment, and response. This mechanism relies on standardized risk management processes andaims to scienti?cally identify potential risks brought about by climate change, accurately assess their impact on Company opera-tions, and then develop and implement e?ective response strategies. This ensures robust development and sustainable operationsof the Company under the backdrop of climate change, reduces the impacts of adverse factors such as extreme weather events onoperations, and proactively seizes opportunities for green transformation, driving the Company's shift towards green and low-car-bon operations.
Regularly review the risk management process, optimize measures based on feedback, and enhanceresponse capabilities.
In alignment with the strategic deployment of "carbon peak and carbon neutrality", and in response to the national call foraddressing climate change and promoting green and low-carbon development, JSTI has set speci?c and targeted indices andgoals, vigorously pushing forward their implementation. According to the 2025?2027 Strategic Plan prepared by JSTI's Environ-mental Institute, the Company positions itself as a pioneer in climate adaptation and low-carbon development. It focuses onintegrating transportation and energy as well as green and intelligence in green and low-carbon businesses, enhancing the digitalcapabilities of consulting services, exploring digital enforcement businesses, and creating a comprehensive solution brand forlight storage and charging services. The Company aims to expand into new arenas such as pollution reduction and carbon mitiga-tion products and electric drive businesses, striving to become a leading one-stop provider of green and low-carbon solutions inChina, signi?cantly enhancing the industry's overall energy-saving and carbon-reduction levels, and supporting e?orts to addressclimate change.
Risk assessment
Strategy formulationImplementationand monitoringContinuousimprovement
Risk identi?cation
Based on its business characteristics, the Company comprehensively reviews aspects that may beimpacted by climate change, such as the e?ects of local climate on project progress and quality,and carbon emission risks associated with energy consumption.Comprehensively assess the probability of risks and their potential impact on strategy, operations,and ?nance from multi-dimensional analysis of likelihood and impact, using both qualitative andquantitative methods.The Company improves its internal control systems based on the results of the risk assessment;develops speci?c plans for key climate risks; increases investment in green technology researchand development; enhances project climate adaptability; establishes early warning and emergen-cy mechanisms, and monitors climate risk indicators for rapid response to risks as they arise.Continuously track the e?ectiveness of the response, and dynamically adjust strategies based onclimate and business changes to ensure that processes are e?ectively adapted.
In terms of green and low-carbon con-sulting, JSTI focuses on the greendevelopment needs of the transporta-tion industry, conducts research onplanning policies, and establishes acomprehensive carbon emissionaccounting system and green devel-opment evaluation standards, strivingto enhance the industry's manage-ment level of "carbon peak andcarbon neutrality". Additionally, theCompany actively promotes greenand low-carbon products and tech-nologies, providing comprehensivetechnical consulting services to indus-try management departments andbusinesses.
In terms of transportation and energyintegration, the Company leveragestransportation resources to conductresearch on multi-energy integrationand intelligent operation manage-ment, advancing the development of"source-network-load-storageintegration" in the transportationindustry. Additionally, the Companydevelops e?cient electric driveproducts to assist in the electri?cationtransformation of industry loadingand unloading equipment, contribut-ing to the achievement of "carbonpeak and carbon neutrality".
In terms of green and intelligenceintegration, JSTI focuses on theapplication of digital and intelligenttechnologies in the green and low-car-bon transportation ?eld, builds the"Green Transportation Cloud" system,creating a leading green and low-car-bon digital base for transportation inChina, integrating functions such ascarbon monitoring, pollution control,and green travel to support industrymanagement work.
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JSTI has always closely monitored and actively managed its greenhouse gas emissions. From 2022 to 2024, the Company's totalgreenhouse gas emissions showed a steady decline, demonstrating signi?cant emission reduction achievements. In 2024, the totalgreenhouse gas emissions were 3,479.00 tons of CO2 equivalent, compared to 3,587.11 tons in 2023 and 3,593.39 tons in 2022,achieving a reduction for two consecutive years.In terms of direct greenhouse gas emissions (Scope 1), the data from 2022 to 2024 showed some ?uctuations. In 2022, the Compa-ny's direct emissions were 119.12 tons of CO2 equivalent, which rose to 227.30 tons in 2023 and then decreased to 220.00 tons in2024. This indicates the Company's high level of attention to these ?uctuations and the implementation of a series of e?ectivemeasures. Regarding indirect greenhouse gas emissions (Scope 2), the emissions from 2022 to 2024 showed a good downwardtrend. In 2024, the indirect emissions were 3,259.00 tons of CO2 equivalent, compared to 3,359.81 tons in 2023 and 3,474.27 tons in2022, also achieving a reduction for two consecutive years.The e?orts and results of JSTI in managing greenhouse gas emissions fully re?ect the Company's ?rm determination and proactiveactions in addressing climate change and ful?lling social responsibilities. In the future, the Company will continue to consolidateits achievements, continuously explore innovative emission reduction pathways, and contribute more signi?cantly to the sustain-able development of the industry and society.To enrich the pathways for carbon emission reduction and align with national carbon neutrality goals, JSTI actively carries outprojects related to carbon emission management and low-carbon technologies. Relying on the "Green and Low-Carbon Technolo-gy R&D Center of Transportation Industry of Guangdong Province", the Company advances major, fundamental, and commonresearch in the ?eld of green and low-carbon transportation, promotes the transformation and industrialization of scienti?c andtechnological achievements, and plays a leading and exemplary role in the green and low-carbon transformation of transportationin Guangdong Province.
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Supporting industry's low-carbon transition
Green technology
Intelligent carbon emission measurement
JSTI is dedicated to driving the low-carbon transformation of the industry and playing a leading role in the application of green andlow-carbon technologies. To thoroughly implement the speci?c deployment of Guangdong Province Committee's "1310" plan andpromote the green and low-carbon transformation of transportation in Guangdong, JSTI, in collaboration with the TransportationPlanning and Research Center of Guangdong Province and Jiangsu Energy Tech Development Co., Ltd., has applied to establish the"Green and Low-Carbon Technology R&D Center of Transportation Industry of Guangdong Province". Relying on the " PavementLifecycle Carbon Emission Calculation Platform " independently developed by JSTI's two national-level research platforms, the"Green Transportation Cloud Platform" and "E?cient Electric Drive Laboratory" independently developed by Energy Tech, andother green and low-carbon research achievements, the Center aims to create the industry's most in?uential platform for greenand low-carbon results transformation, focusing on green and low-carbon technology systems and monitoring assessments,recycling of construction and maintenance materials, and the R&D of new low-carbon energy-saving technologies and equipmentin transportation. It is committed to become a think tank for the green and low-carbon development of Guangdong Province'stransportation industry, supporting government agencies and transportation enterprises in strengthening their green and low-car-bon transformation.During the reporting period, the Company successfully participated in signi?cant projects such as the Jiangsu "Zero-Carbon Port"pilot and the study of key pathways for carbon peak and carbon neutrality in transportation. In practice, the Company has continu-ally deepened the R&D and application of green and low-carbon technologies, building a comprehensive service system thatincludes green and low-carbon consultation, data services, and tra?c pollution reduction products, providing the industry withcustomized, high-e?ciency green and low-carbon solutions. In cutting-edge areas such as digital law enforcement and integratedinnovation of PV storage and charging, JSTI demonstrates strong technical strength and innovation capability, leading industrytrends and fully showcasing its responsibility and signi?cant contributions in the ESG ?eld. In the future, the Company will continueto increase its investment in green and low-carbon technology R&D, actively supporting the industry's low-carbon transition andcontributing to the low-carbon development of the sector.Additionally, JSTI has participated in establishing the Green and Low-Carbon Technology Center for the Guanyun to Muyangsection of Lianyungang-Suqian Expressway, which covers green and low-carbon, environmental protection, soil conservation, andquality engineering. It represents a breakthrough in the environmental domain's green and low-carbon and quality engineeringbusiness, providing valuable experience accumulation and technical foundation for future similar project expansions and develop-ments.
2024 Pan-Yangtze River Delta Highway Development Forumand Academic Annual Conference of Jiangxi Highway and Transportation Society
Currently, the task of road infrastructure construction in China remains signi?cant, with the energy consumption and carbonemissions it generates attracting increasing attention. As a key player in the transportation sector, JSTI contributes to reducingcarbon emissions from pavement construction through innovative technologies and in-depth research.The Company has successfully developed a carbon emission prediction system for pavement construction processes based onintelligent monitoring. This system integrates advanced data collection, analysis, and evaluation technologies, allowing forreal-time monitoring and collection of energy consumption data during pavement construction. This enables precise calculation ofcarbon emissions, facilitating real-time adjustments to construction plans, helping construction companies accurately controlcarbon emissions, and mitigating environmental impact.An Environmental Product Declaration (EPD) is a crucial measure for sustainable development and environmental protection in theroad industry, providing a solid decision-making basis for the green transformation of the transportation sector. During the report-ing period, the Company actively carried out the Starting in June 2024, the Company delved into the necessity of developing an EPD system for pavement infrastructure construc-tion within the domestic transportation industry. It also researched and detailed regulations for the lifecycle stages and informa-tion module division of asphalt mix products, the usage rules of EPDs for asphalt mix carbon footprints, and the distribution ofcarbon footprints and allocation principles. Preliminary work included compiling product category rules for carbon footprints andEPD examples for asphalt mixes, providing important references for the industry. Furthermore, based on the pavement lifecyclecarbon emission calculation software EEES 2.0 and combined with research on carbon emission calculations of typical pavementmaterials and the EPD system, the project is developing an EPD software platform for pavement materials. This platform canautomatically generate EPD reports according to di?erent PCR (Product Category Rules) requirements, promoting the widespreadapplication of EPDs in the industry.JSTI's advanced research achievements in intelligent carbon emission measurement not only showcase its outstanding capabili-ties in green construction technology but also provide a referenceable model and technical support for the industry's low-carbontransition, leading the industry towards a new era of green development.
EPD System Research and Software Development for Typical Pavement Products.
Pavement Lifecycle Carbon EmissionCalculation Platform (EEES 2.0) interface
User coverage area of Pavement LifecycleCarbon Emission Calculation Platform (EEES 2.0)
4546
Improving environmental management system
Management of environmental impacts, risks andopportunities
Emergency plans and drills
Low-carbon communication
Improving System Management,Controlling Environmental Risk
In the process of driving the green transformation of the industry, JSTI actively participates in various cutting-edge exchangeactivities, continually serving as a signi?cant leader and active practitioner of green development.During the "16th International Transportation Technology and Equipment Exhibition and Global Sustainable TransportationSummit (2024)", JSTI focused on the core themes of "green, low-carbon, economic, e?cient, safe and resilient", presented a seriesof results and cutting-edge products, bringing new ideas and solutions for the safe operation and maintenance of the industry. Inthe achievement release segment of the low-carbon sustainable transportation evaluation service platform, JSTI successfullysigned cooperation agreements with multiple parties, deeply engaging in policy and standard research, and mutual recognition ofevaluation projects, e?ectively enhancing the international in?uence of sustainable transportation evaluations.At the "2024 National Conference on the Integration of Transportation Energy and Technology Innovation" and the "NationalTransportation and Energy Integration Industry-Academia-Research Alliance Member Conference", the green transportationdatabase and carbon emission monitoring innovations showcased by Energy Tech, a subsidiary of JSTI, became a robust supportfor the green and low-carbon transformation of transportation infrastructure.
The 16th International Transportation Technologyand Equipment Exhibition and GlobalSustainable Transportation Summit (2024)
2024 National Conference on the Integration
of Transportation Energyand Technology Innovation
Additionally, the Company actively conducts comprehensive environmental capability training and awareness enhancement for allemployees, including training on environmental management regulations and carbon knowledge, to ensure that sta? possess thenecessary environmental knowledge and skills.
JSTI has established an emergency plan management process and developed regulatory documents such as tailored to the actual environmental risks. Regu-lar professional training and emergency drills are conducted to ensure that emergency responses can be quickly activated andoperated in the event of sudden environmental incidents, thereby improving the emergency response capabilities for crisissituations.
During the reporting period, the Company conducted
environmental training session with a total partici-pation of3,355 person-times, and the average total duration of participation in environmental train-ing was
hours per person.
Regulations on EarlyWarning and Emergency Response Management of Major Risks and Emergencies
JSTI strictly adheres to the andother relevant laws and regulations, and upholds the environmental policy of "green safety".Tailoring to its practical needs, the Company has formulated standard documents for environ-mental management systems such as theand continuously improves its internal environmental managementsystem. It integrates environmental management with company operations, strictly safe-guards ecological and environmental safety, and actively ful?lls its environmental protectionresponsibilities. During the reporting period, the Company has been certi?ed under the ISO14001 Environmental Management System and regularly undergoes review audits to ensurethe certi?cation remains valid within its scope.
Identi?cation and Evaluation Control Procedure forEnvironmental Factors,
Environmental Protection Law of the People's Republic of China
To e?ectively enhance the Company's environmental management level and advance the governance of environmental risks, JSTIhas developed the This systematic approach identi?es,evaluates, and manages various factors in the Company's activities, products, and services that could impact the environment. Theprocedure encompasses eight major categories, including emissions to atmosphere, emissions to water, emissions to land, wasteand by-products, energy releases, impacts on the community, use of raw materials and natural resources, and other localizedenvironmental issues. It thoroughly considers environmental impacts under normal, abnormal, and emergency conditions, as wellas past, present, and future temporal states.Based on a comprehensive identi?cation and evaluation process of environmental factors, JSTI compiles and regularly updatesthe according to its actual conditions. During the rep-orting period, signi?cant environmental factors identi?ed by the Company included, but were not limited to, the disposal of tonercartridges and ink cartridges in o?ce areas, battery disposal, vehicle exhaust emissions, medical waste disposal, and Freon leaksfrom air conditioning use. These factors could signi?cantly impact air quality, water quality, soil, and waste management. TheCompany has implemented corresponding operational control measures to ensure these signi?cant environmental factors aree?ectively managed.Additionally, the Company has set speci?c, quanti?able environmental goals, such as reducing resource consumption anddecreasing waste generation, and closely monitors the achievement of these goals. According to thethe Company has achieved signi?cant results in environmental manage-ment, with all set environmental goals being met or exceeded: In 2024, there were no environmental pollution incidents, no socialenvironmental complaints, no general or above equipment incidents caused by company responsibility, no mechanical equipmentincidents, no ?re incidents caused by company responsibility, no liability tra?c accidents causing losses of CNY30,000 or more, nosevere injuries or fatalities, and no light injuries caused by company responsibility, the incidence rate of occupational diseasesthroughout the year was 0, and the annual energy consumption reduction target of 3.02% was achieved, e?ectively reducing thenegative impact of the Company's operations on the environment.
Environmental factor management
Identi?cation and Evaluation Control Procedure for Environmental Factors.
List of Environmental Factors and List of Signi?cant Environmental Factors
Completion of 2024 Quality,Environmental, and Occupational Health and Safety Goals,
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Management of waste gas, wastewater, and waste
Resource Management
Enhancing Resource E?ciency,Promoting Green Development
Environmental impact assessment (EIA) and acceptanceJSTI rigorously adheres to national and local environmental protection regulations and policies when conducting projects thatimpact the public environment. The Company organizes a professional team to conduct in-depth analyses, carefully carries outenvironmental impact assessment (EIA), strictly follows EIA processes for acceptance, and issues professional and objective EIAreports, actively ful?lling its social and environmental responsibilities through concrete actions.
JSTI strictly adheres to laws and regulations such as the Water Pollution Prevention and Control Law of the People's Republic ofChina, and Law on Solid Waste Pollution Prevention of the People's Republic of China, as well as national and industry standardslike the Standard for Pollution Control on the Non-hazardous Industrial Solid Waste Storage and Land?ll (GB18599-2020). TheCompany also follows other relevant local regulations and standards in environmental management. JSTI strictly controls thegeneration and discharge of pollutants and waste during production and operation, reducing the environmental impact of itsproducts. During the reporting period, the Company did not incur any penalties from competent authorities for violations ofenvironmental management laws and regulations, and there were no signi?cant de?ciencies in its environmental monitoring plansor risk management measures.As a company primarily engaged in engineering consulting, JSTI is not listed as a key pollutant discharge enterprise by the environ-mental authorities. In terms of waste water and waste gas management, the Company adheres to high-standard emission manage-ment, implementing a comprehensive monitoring mechanism to ensure that all emissions are treated and meet standards beforedischarging. Regarding waste management, the Company has contracts with third-party companies for household waste disposaland other waste transportation, ensuring all waste is disposed of safely and harmlessly. During the reporting period, the wastedischarge compliance rate (wastewater, waste gas, and solid waste) in the Company's laboratory reached 100%.
JSTI strictly follows laws and regulations such as the and refers to energymanagement system standards like ISO 50001 to continually improve its internal energy management mechanisms. During the report-ing period, the Company set detailed goals in four dimensions based on its actual conditions: energy consumption, water use, pollutantemissions, and environmental education and training. It has clearly de?ned the responsibilities of relevant departments and activelyimplements energy conservation and emission reduction in its daily operations, continuously enhancing energy production and utiliza-tion e?ciency.
In 2024, JSTI completed the e?ectiveness evaluation and engineering review accep-
tance for the Fucheng Water System Comprehensive Improvement (including black
and odorous water treatment) PPP Project.
Within six months, the project team completed 168 km of pipeline inspection, 100
km of river channel mapping, and organized all design documents, construction
documents, supervisory documents, and government materials.
Environmental technology consultation and acceptance work
E?ectiveness evaluation and project review and acceptance of Fucheng Water System ComprehensiveImprovement (including black and odorous water treatment) PPP Project
In 2024, JSTI completed the whole-process environmental protection technology consultation and acceptance work for the
Yangzhou section of Nanjing to Yizheng Line (including the extension to Yangzhou) urban (suburban) railway Phase I project
(excluding the river-crossing section). This project is a full-process environmental protection consulting project for urban
rail transit engineering, with services covering construction phase environmental consulting, monitoring, and operational
phase engineering environmental protection acceptance.
Objective Type
Expand new tracks for greenand low-carbon business
Strategic PlanVigorously develop the development and integrationof new energy products for optical storageand charging and energy custody business;open up a new track for electric drive business
Current ProgressEstablished a new subsidiary specializing in new energyPromote the green transformationof traditional environmentalmonitoring and consulting services
Advance the digitalization of consulting services,integrating transportation energy,and fostering intelligent green integration
Continuous progress
During the reporting period, the Company completed 8 EIA projects, undertook 12 new EIA projects,completed 8environmental protection acceptance projects, and accepted 9 new environmental protec-tion acceptance tasks.
Speci?c Objective for 2024
Reduce energy consumption by 3% compared to the same periodReduce water consumption by 3% compared to the same period
Comply with national laws and regulationsConduct at least one education and training session
AchievementMetExceededMetMet
Objective TypeEnergy consumption objectiveWater consumption objectivePollutant emission standardEnvironmental educationand training objective
Energy Conservation Law of the People's Republic of China,
Environmental management objectiveJSTI consistently prioritizes environmental management as a strategic focus. The Company has set objectives such as zeroenvironmental pollution incidents, a 100% timely handling rate for social environmental complaints, and a 3% reduction in energyconservation and consumption reduction compared to the same period. Based on documents like the a series of detailed measures have been implemented, such as strengthening internal man-agement, promoting green technology innovation, and enhancing management of garbage classi?cation and sewage discharge, topractically implement the concept of green development.
2024 Quality, Environment,Occupational Health and Safety Goals,
JSTI deeply integrates the concept of "green, low-carbon, energy conservation, and emission reduction" into its strategic planningand business operations. The Company continues to invest in its green and low-carbon business direction, achieving signi?cantaccomplishments. Energy Tech, a subsidiary of JSTI, serves as a leading force in promoting high-quality development of greentransportation, and is committed to promoting carbon reduction development in the transportation industry focusing on threemain business lines, including green and low-carbon consulting, green and intelligence integration, and transportation and energyintegration.Energy Tech has been awarded the "Grade A Engineering Consulting Firm Credit Certi?cate", marking another signi?cant break-through in creating a "one-stop" service for the entire green transportation industry chain. Additionally, in response to the nationalpolicy goals of "carbon peak and carbon neutrality", Energy Tech actively explores new energy business directions. It currently hasextensive experience with multiple transportation energy integration research projects, nearly a decade of research and develop-ment in electric drive and new energy storage systems, and implementation of multiple PV and charging pile projects.
4950
JSTI strictly follows regulations such as the and builds a mate-rial lifecycle management system around core businesses like transportation engineering and design consultation. Guided byregulations, the Company has improved its material management system, implementing standardized management in procure-ment, storage, and disposal of engineering equipment, construction materials, consumables, o?ce supplies, and other items,promoting the upgrade of material management to green and e?cient practices. In the storage process, the Company utilizesdigital systems to dynamically monitor inventory, improving management e?ciency through scienti?c layout. During transporta-tion, a standardized approach is adopted to reduce material loss risks. In terms of recycling, the Company actively promotes themaintenance and reuse of engineering equipment and components to release the potential value of materials. JSTI uses regula-tions as a benchmark, integrates innovation-driven strategies, continuously optimizes material management models, enhancesrecycling e?ciency, and provides compliant green practice support for the sustainable development of the transportation indus-try.
2024
Water resources and energy management
Green o?ce operation
Material Management to PromoteCircular Development
Protecting Ecological Diversity,Building a Beautiful Home Together
Energy
Use of water resource
Energy consumption
Energy utilization42,589m
Petrol40TonnnesFuel oil2TonnnesPurchased Electricity6,549,930kWhWater consumption74,200Tonnnes
Direct energy consumption119Tons of standard coalIndirect energy consumption702Tons of standard coalComprehensive energy consumption821Tons of standard coalTotal energy consumption per million of revenue
0.17Tons of standard coal/CNY
Scope 1 greenhouse gas emissions220Tons of carbon dioxide equivalentScope 2 greenhouse gas emissions3,259Tons of carbon dioxide equivalentTotal greenhouse gas emissions (Scope 1 + Scope 2)3,479Tons of carbon dioxide equivalentTotal greenhouse gas emissions per million of revenue (Scope 1 + Scope 2)
0.74Tons of CO2 equivalent/CNY
JSTI actively practices the concept of green o?ce operations, integrating energy and resource conservation into daily operationalmanagement. The Company has implemented targeted control measures in multiple o?ce locations to strive for a low-carbon,environmentally friendly work environment.In daily operations, JSTI customizes electricity and water conservation controls based on the speci?c characteristics of di?erento?ce areas. For instance, the Company has fully upgraded traditional ?uorescent tubes to energy-e?cient LED lighting and hasimplemented re?ned management of the o?ce lighting system, adjusting controls precisely based on area and time variations. Airconditioning systems are strictly regulated with set conditions and temperature standards, and energy-saving solutions for airconditioning in executive areas are actively explored. For laboratory testing equipment, independent electric meters are installed,and electricity usage limits are clearly de?ned. A dedicated team is arranged to regularly inspect public facilities for potential waterleaks, and conduct continuous nighttime monitoring and analysis of water usage in the campus, ensuring timely detection andresolution of any water leakage issues.In terms of energy substitution, the Company actively installs electric vehicle charging stations, encouraging employees to adoptgreen travel methods. Additionally, by installing PV systems and solar water heaters, the Company is gradually replacing tradition-al energy sources. During the reporting period, the Company's PV power generation reached 354,183.6 kWh, equivalent to reducing
290.78
Notetons of carbon dioxide emissions, which showcases the Company's signi?cant achievements in energy conservation andemission reduction.
Electric vehicle charging pilePost "Power saving tips"Trash can placement place
Note: The data is the simple calculation result of the company based on the underlying data of two emission sources: ?xed and mobile sources.It does not include data from industrial processes or fugitive emissions.
Circular Economy Promotion Law of the People's Republic of China
JSTI adheres to various laws and regulations such as the and international conventions like the Convention on Biological Diver-sity, maintaining a high level of consciousness and responsibility in ecological and biodiversity protection. From project design andplanning to speci?c implementation, the Company adheres to the principles of respecting nature, protecting the ecologicalenvironment, and biodiversity. E?orts are made to minimize disturbance and damage to the surrounding natural environment, andongoing monitoring and evaluation of the ecological environment around projects are conducted to quickly detect and respond toany potential environmental issues, ensuring the sustainable development and environmental friendliness of projects.During the reporting period, the Company's operations were mainly concentrated in urban construction areas and along transpor-tation infrastructure, with no production bases or operational sites located in nature reserves, ecological conservation habitats,sensitive ecosystem areas, or ecologically fragile regions. There have been no signi?cant impacts on ecosystems or biodiversityidenti?ed in the Company's production operations, products, or services.In the future, JSTI will take further proactive measures to strengthen the protection of ecological environments and biodiversity,laying a solid foundation for the Company's long-term sustainable development and contributing to the grand vision of a beautifulChina.
ations of the People's Republic of China on Nature Reserves,
Environmental Protection Law of the People's Republic of China, Regul-
Industry Value
Responding to SDGs
5354
Supply chain governance
Supply chain strategy
Risks
Procure-mentRisks
MarketRisks
Direct purchasing or sourc-ing without proper compari-son may lead to unreason-able prices, inappropriatesupplier selection, and di?-cult quality assurance,a?ecting company bene?tsand operational e?ciency;Unreasonable bidding sett-ings may lead to non-trans-parent procurement, incre-asing legal risks and pro-curement costs, and makingit di?cult to ?lter high-qual-ity suppliers.Unreasonable planning inservice and outsourcingprocurement and inaccu-rate market forecasts canlead to increased procure-ment and operational costsand resource wastage
Low
Low
Short-tomedium-term
Short-tomedium-term
Financial cost increase:
Improper purchasing met-hods can lead to increasedpurchasing costs and qua-lity costs, compressingpro?t margins;Financial robustness imp-airment: Unreasonable bi-
dding settings may increa-se legal litigation and ?nerisks, weakening ?nancialrobustness
Increase procurement andoperation costs, leadingto resource wastage, adv-ersely a?ecting company?nances, and reducingpro?t potential
Type
Risks
Operati-onalRisks
Description
Likelihoodof Occurrence
ImpactDuration
Financial ImpactResponse Strategy
Type
Description
Likelihoodof Occurrence
ImpactDuration
Financial ImpactResponse Strategy
The absence of an e?ec-tive assessment andaccess system may leadto the selection of unsuit-able suppliers, causingissues with material qu-ality, pricing, delivery,and impacting produc-tion and business oper-ations
Low
Short- tomedium-term
Production e?ciency dec-rease: Delays in deliverya?ect production sched-ules and e?ciency, incre-asing production costs ordelaying delivery times;Capital occupation: Add-itional ?nancial input maybe required, occupying theCompany's working cap-ital and a?ecting capitalturnover rate
Establish a scienti?c supplierevaluation and access syste-m; sign quality assurance agr-eements;build a supplier manage-ment information system forreal-time management ofsupplier quality and timelydelivery
Flexibly choose purchasingmethods, establish pricingmechanisms, and adjust pur-chasing prices in a timelymanner to maximize procure-ment bene?ts
Formulate plans according toannual plans, businessoutsourcing and scope, reviewand approve according to thestipulated authority and pro-cedures; submit major busi-ness outsourcing plans forapproval by the Board ofDirectors or a similar authorityOpportunities
Procure-
mente?cien-cy imp-rovem-ent op-portun-ity
Supply
chain
optimi-
zation
oppor-
tunity
Realization StrategyEstablish a ?exible pricingmechanism, and introducedigital platforms and intelli-gent systems to shorten theprocurement cycle andquickly respond to demands
Build a scienti?c supplierevaluation and access sys-tem, set up an informationsystem, select high-quality,low-cost suppliers, and co-llaborate with suppliers foroptimization, reducing pro-curement costs and enhanc-ing production e?ciency
Medium
High
Medium-tolong-term
Long-term
Reduce procurementcosts, enhance pro-duction e?ciency,and increase pro?ts;Expand business, un-dertake R&D, attractinvestments, and str-engthen ?nancial re-silienceReduce procurementcosts, speed up inve-ntory turnover, andimprove ?nancialconditions;Expand market sha-re, achieve revenuegrowth, and lever-age scale e?ects toenhance pro?ts
Keep an eye on market dynamics,combine company procurementneeds, use ?exible pricing mecha-nisms to adjust purchasing prices ina timely manner;Review existing procurement pro-cesses, identify cumbersome steps,use digital means to simplify pro-cesses, and shorten the procure-ment cycleEstablish a scienti?c supplier evalua-tion and access system, periodicallyreview system implementation,adjust evaluation standards accord-ing to market changes and companyneeds, and ?lter high-quality suppli-ers;Promote the Company's comprehen-sive supplier management process topotential high-quality suppliers,attract their cooperation, and expandthe supply chain
JSTI strictly follows theto create a scienti?cally standardized suppliermanagement system. The Company hasestablished a series of internal regulationssuch asto strictly control supplieraccess from the source. The Company regular-ly conducts supplier quali?cation assessmentsand audits to ensure that partners consistent-ly maintain high standards.
In the wave of sustainable supply chain management trends both domestically and internationally, JSTI consistently maintainssharp insights, continuously identi?es sustainability issues within the supply chain, and focuses on key areas such as corporatesocial responsibility, labor rights, and the low-carbon economy. The Company has established and perfected supply chain lifecyclemanagement, comprehensively promoting the sustainable development of the supply chain.
The Company has thoroughly reviewed the internal control matrix of the supply chain, focusing on risk and opportunity factors,and has developed the + to systematically assess potential risks and opportunities inthe supply chain.
Building a Responsible Supply Chain,Fortifying the Supply Base
Responsible for the overall organization, management, andexecution of asset procurement.
Operations Center
Participates in the procurement payment process andaudits and manages procurement funds
Finance Center
Ensures the compliance and risk control of procurementactivities
Risk Control andLegal Department
Responsible for the full process management of procurementapplication, public announcement, and budget review
Business unit
Manages and reviews speci?c asset procurement issues
Asset Management Department
Raises procurement demands, participates in the procure-ment process, and evaluates suppliersDemandDepartment
TypeDescription
Likelihoodof Occurrence
ImpactDuration
Financial Impact
Law of the People's Re-public of China on Bid Invitation and Bidding
Business Outsourcing Manage-Asset Procurement Management Reg-
ulationsand
ment Regulations
Guidelines on Application of Internal Control
Simplify procurement processesthrough electronic means, shortenthe approval cycle, and achievetransparency and traceabilitythroughout the procurement process
Provide suppliers with a customizedoperation interface, promotereal-time information sharing andseamless communication, enhancethe collaborative o?ce capabilitiesbetween JSTI and suppliers, andoptimize supply chain management
Innovate procurement models,broaden procurement channels, andhelp the company achieve e?ectivecost control
Conduct quali?cations review andtesting for potential suppliers, com-bine factors such as the importanceof outsourcing strategy and sup-ply-demand relationships, ?lter qual-i?ed suppliers, and include them inthe quali?ed supplier database
Manage suppliers by di?erentiatingbased on their quali?cations, assess-ment results, etc., select outstandingsuppliers for high-end cooperation,and sign strategic cooperation agree-ments
Fully leverage the advantages ofoutsourcing among quali?ed suppliersor di?erent categories of suppliers, andchoose suitable suppliers for procure-ment cooperation
The operations center regularly orga-nizes professionals to conductdynamic assessments covering sup-pliers' performance in cooperation,product and delivery situations, andbusiness ethics
Communicate and guide suppliersbased on assessment results for con-tinuous improvement, maintain dailycooperation relationships, and opti-mize cooperation outcomes
Eliminate suppliers that do not meetrequirements or perform poorlyaccording to mechanisms, ensuringe?ective cooperation
5556
Supply chain impact, risk and opportunity managementStrengthening supply chain management
Supply chain indices and goals
Full lifecycle management
Digital management
Risk and opportunity management standards
Risk and opportunity management measures
JSTI has developed standardized contract standards and implemented multiple measures to ensure supply chain security and riskcontrollability, enhancing the overall competitiveness and resilience of the supply chain.
JSTI actively integrates resources and optimizes management processes, ensuring the stability and reliability of the supply chainthrough strict partner selection and strengthened management mechanisms, striving to build a sustainable supply chain
JSTI is committed to setting clear indices and goals to promote transparency, standardization, and continuous improvement ofthe supply chain responsibility chain, aiming to build a more resilient and sustainable supply chain ecosystem that creates sharedvalue for all stakeholders.
Objectives
Index
JSTI places high importance on supplier management, having established a stringent full lifecycle management system, anddrafted a to ensure the long-term stability and e?ciency of the supply chain.
Supplier onboardingSupplier classi?cationSupplier selection
Supplier assessmentDaily management and optimizationSupplier exit
JSTI focuses on optimizing procurement processes and cost control, independently developing a supplier collaboration systemplatform oriented to meet actual business needs, comprehensively innovating the procurement model.
Supply chain security
Establish contract standards tostrengthen requirements for sup-pliers in environmental responsi-bility, business ethics, labor man-agement, and health and safety,e?ectively reducing the risk ofsupply chain disruptions andensuring the stability and securityof the supply chain
Risk management
Identify and analyze potentialmarket and procurement risks,and achieve e?ective risk monitor-ing through enhanced internalcontrols and compliance manage-ment
Opportunity management
Optimize the supply chain struc-ture, establish long-term coopera-tive relationships with high-quali-ty suppliers, and achieve resourcesharing and mutual bene?ts
Business outsourcing management
Strictly standardize the entire pro-cess from application to accep-tance evaluation to ensure busi-ness quality and e?ciency, reducerisks, and achieve stable economicdevelopment
Asset procurement
Precisely control each link of theprocurement process, optimizeresource allocation, and improveasset utilization e?ciency
Supplier management
Ensure that all segments of thesupply chain adhere to ethical andlegal standards, and upholdemployee rights and social welfare
Optimize the e?ciency ande?ectiveness of the supplychain, ensure the timelinessand quality of supply, enhancethe visibility and transparencyof the supply chain, andachieve a competitive advan-tage for the Company
Enhance procurement e?ciency
and transparency
Strengthen supply chaincollaboration capability
Promote cost reduction, e?ciencyincrease, and sustainable development
Regulatory compliance: Strictly execute according to national laws
and regulations and company management regulations
E?ciency improvement: Shorten the procurement cycleTimely delivery: 100% on-time delivery rateQuality compliance: 100% batch quali?cation rate and totalquali?cation ratePrompt after-sales service: 100% timely response rate
Supplier Onboarding Commitment
R&D investment (CNY10,000)28,961.28R&D investment as a proportion of operating income6.12%R&D personnel (person)1,441Proportion of R&D personnel18.35%
5758
Promoting sustainable development of supply chain
Innovation and R&D governance
Green procurement
Transparent procurement
Training
Innovation R&D system
Innovation Driving Forward,Starting a New ChapterJSTI actively promotes environmentally friendly green procurement, and places high importance on collaborative developmentwith suppliers, always prioritizing environmental protection and low carbon footprint. Additionally, the Company is an industrypioneer in achieving electronic certi?cation and electronic contract signing over third-party platforms, fully realizing paperlesso?ce practices, improving work e?ciency while reducing manpower costs for both parties, and achieving a win-win situation forcooperation.
JSTI adheres to the concept of transparent procurement, always maintains high standards and strict requirements in coopera-tion with suppliers, actively signs integrity agreements, and strictly prohibits any form of bribery, ensuring the fairness and trans-parency of procurement activities, and together building an honest, upright, and clean business cooperation atmosphere, achiev-ing mutual win and sustainable development.
JSTI deeply recognizes the importance of building a responsible supply chain in supply chain management. By clarifying theresponsibilities at each link, it improves the overall e?ciency and reliability of the supply chain. Meanwhile, the Company activelyconducts training for employees and suppliers around supply chain fundamentals, responsible supply chain awareness, risk man-agement and response strategies, policies and regulations, collaboration and communication, and technology and digital trans-formation.
JSTI consistently places high importance on supplier ESG management, fully promoting the integrity and green development ofthe supply chain. The Company vigorously strengthens exchanges and cooperation with suppliers in corporate social responsibil-ity and low-carbon transformation, and requires all shortlisted suppliers to sign theto clarify their anti-corruption commitment. During the reporting period, the Company achieved a 100% integrity signing rateamong suppliers. Simultaneously, in the supplier selection process, the Company rigorously reviews the suppliers' quality man-agement systems, environmental management systems, and occupational health and safety management system certi?cations,ensuring suppliers operate legally and ful?ll their social responsibilities e?ectively.
JSTI leverages its profound professional expertise and outstanding innovative capabilities to maintain a leading position. TheCompany always operates in accordance with theand other relevant laws and regulations, continuously introduces international cutting-edge technologies and advanced manage-ment concepts, and constantly explores its potential, establishing a comprehensive innovation and R&D system, and continuallyachieving breakthroughs in technology and management.
JSTI considers technological innovation and the accumulation of technological expertise as key links in innovation-driven develop-ment. By focusing deeply on innovation environment, innovation activities, and innovation e?ectiveness, the Company has built acomplete "full lifecycle technology innovation management system", thoroughly establishing JSTI's leading technology reputa-tion. The Company consistently aligns with market demands and industrialization trends, and organizes internal e?orts to activelydeclare R&D projects, ensuring that R&D activities closely match market realities and enhance the transformation rate and applica-tion value of R&D outcomes. Moreover, the Company adheres to the concept of open cooperation to drive technological innova-tion, establishing long-term stable cooperative relationships with universities such as Southeast University, Tongji University, andChongqing Jiaotong University. It also attracts high-end talent resources through platforms such as post-doctoral stations, acade-mician stations, and graduate student stations. Through comprehensive, multi-level collaborative e?orts, JSTI ?rmly solidi?es itstechnological advantages to achieve long-term sustainable development goals.JSTI has issued fully standardizing thevarious aspects of R&D management. These regulations clarify key processes such as project initiation, process control, and resultsveri?cation, to continuously enhance the standardization and regulation level of R&D activities. During the internal R&D projectadvancement, the Company focuses on emerging technologies and cutting-edge products, and organizes projects with solidpreliminary R&D foundations, necessary implementation, and technical feasibility for declaration. The project acceptance stage, acritical checkpoint for R&D outcomes, focuses on iconic results and their practical application e?ects, primarily assessing whethersubstantial results transformation has been completed and whether there is the capability to scale up the target business orproduct for mass production and promotion. Additionally, the Company encourages close cooperation between business acade-mies and business units to enhance the organization and integration of declarations, improving the e?ciency and quality of thesubmission process.JSTI actively promotes the building of innovation management capabilities. After systematic training, ?ve employees have joinedand passed the Innovation Manager exam, and obtained professional certi?cations, injecting professional strength into theCompany's innovation management and intellectual property management e?orts.
Supplier Onboarding Commitment
Law of the People's Republic of China on Scienti?c and Technological Progress
Internal R&D Management Regulations Scienti?c Research Management Regulations,and
Total number of suppliers4,839 East China2,466 North China860 Central China568Northeast China340 Northwest China323 Southwest China249 South China33Number of suppliers with Quality Management System Certi?cation183Number of suppliers with Environmental Management System Certi?cation39Number of suppliers with Occupational Health and Safety Management System Certi?cation37Proportion of localized procurement78.12%
5960
Innovation-driven development strategy
Risk and opportunity management ininnovation-driven development
Indices and goals for innovation-driven development
R&D platform construction
Innovation incentive mechanism
AssetManag-ement
Risks
If the Company fails toleverage independentinnovation policies toincrease investment intechnological transfor-mation and fails toachieve technologicalupgrades and elimina-tion of outdated equip-ment, it may result inoutdated ?xed assetstechnology, a?ectingproduction e?ciencyand market competi-tiveness
Low
Short- tomedium-term
Reduced pro?ts:
Decreased productione?ciency and increasedproduction and mainte-nance costs reduce pro?tmargins;Limited R&D investment:
Reduced pro?ts lead toinsu?cient funds for newproducts and technolo-gies, a?ecting the Compa-ny's pro?tability and?nancial condition
Align with developmentstrategies and independentinnovation policies toincrease technologicalinvestment, promote ?xedasset technology upgrades,and eliminate outdatedequipment to maintain tech-nological advancement andsustainable development
The Company is committed to creating an innovative ecosystem, harnessing the innovative power of its employees, and establish-ing a well-de?ned system of innovation reward policies. This system includes multi-dimensional incentive measures: o?eringmatching incentives for vertical research projects to encourage employees to engage in high-level research and enhance theCompany's level of academic frontier research; establishing special rewards for intellectual property output to promote thetransformation of knowledge results; increasing investments in technology platforms to create a high-quality R&D hardware andtechnical environment; issuing reward policies for publishing academic papers and receiving awards to enhance the Company'sacademic in?uence; and establishing a Group Best Innovation Award to recognize outstanding teams and individuals in technolog-ical innovation, setting an example of innovation, and laying a solid foundation for the Company's sustainable development pathin technological innovation.
Implementation of innovation incentivesIncentive typeImplementation
1person-time149person-times103person-times3person-times69person-times12person-times80person-times42 items
Reward amountCNY10,000CNY855,200CNY196,800CNY4,800CNY108,000CNY40,000CNY133,200CNY710,285
JSTI prudently identi?es potential operational risks and assesses the impact of various uncertainties on production, marketing,?nance, etc. For this purpose, the Company has built a tight monitoring system to track key factors such as policy, technology, andoperational e?ciency. Based on regular assessments and industry trend tracking, the Company timely captures risk signals anddevelops corresponding strategies. Simultaneously, the Company keenly observes industry trends, accurately captures develop-ment opportunities, and adapts to policy-driven innovation changes. After assessing the feasibility of opportunities, the Companyformulates systematic advancement plans to ensure that these opportunities are transformed into developmental momentum andeconomic bene?ts.
During the reporting period, based on precise insights into industry trends and a deep understanding of its own developmentneeds, the Company established highly forward-looking R&D planning and goals. It clari?ed the research focus and expectedoutcomes at each stage, providing a clear path for the continuous enhancement of the Company's scienti?c research capabilitiesand supporting the Company's continuous reach to new heights on the path of technological innovation.
JSTI ?rmly adheres to the concept of independent scienti?c and technological innovation and actively advances the constructionof research platforms. The Company has successfully applied for and established two national-level research platforms: the"National Engineering Research Center for New Road Materials" and the "National Key Laboratory for Safety, Longevity and HealthyOperation of Long-distance Bridges". In addition, it has built over 40 provincial and municipal research platforms, broadly covering?elds such as highways, urban rail, environment, energy-saving and emission reduction, water transport, underground engineer-ing, and intelligent transportation. This forms a comprehensive, multi-level research platform system that signi?cantly promotesthe transformation and application of scienti?c and technological innovations.
Increasede?ciencyopportunity
The Company activelyresponds to independentinnovation policies,signi?cantly increasesinvestment in technolog-ical upgrades, and accel-erates the upgrading of?xed assets and the elim-ination of outdatedequipment, which willenhance productione?ciency and marketcompetitiveness
High
Medium-to long-
term
Pro?t growth: Improved
production e?ciencyleads to increased outputand reduced costs,expanding pro?t margins;
Increased R&D invest-ment: Pro?t growth
allows for more funds tobe invested in R&D, aidingin the launch of new prod-ucts and technologies,further enhancing theCompany's pro?tabilityand ?nancial condition
Based on indepen-dent innovation poli-cies, formulate adetailed plan fortechnological invest-ment, clearly de?netechnology upgradetargets and equip-ment eliminationtimings, ande?ciently advancethe technologicalrenewal and optimi-zation of ?xed assetsInternational patentInvention patentUtility model patentDesign patentSoftware copyrightMonographPaperProject award incentive
RisksTypeDescription
Likelihoodof Occurrence
ImpactDuration
Financial ImpactResponse Strategy
Opportunities
Realization StrategyTypeDescription
Likelihoodof Occurrence
ImpactDuration
Financial Impact
6162
Collaborative R&D
Independent R&D
Facilitating industry development
Digital management
In the process of achieving its own stable development, the Company remains committed to the overall progress of the industry.It promotes the optimization of the industry ecosystem by hosting or participating in industry forums and seminars, as well asengaging in standard-setting work. During the reporting period, the Company actively participated in the compilation of variousstandards, achieving signi?cant results with a total of 240 standards compiled, among these, the Company made notable contri-butions in compiling national, industry, and local standards, totaling 172 items, which have standardized the development pathof the industry. Through organizing various industry exchange activities, the Company e?ectively promoted communication andcollaboration between upstream and downstream enterprises, driving the coordinated development of the industry supply chain,and injecting strong momentum into the sustainable development of the industry.Technological innovation projects
JSTI steadfastly upholds the principle of open cooperation, actively collaborating with domestic and international researchforces. Domestically, the Company has partnered with multiple domestic prestigious institutions to establish joint innovationresearch centers. This collaboration promotes the "university technological research + company industrial incubation" projectmodel, further solidifying the construction of a technological innovation ecosystem. Internationally, the Company has strategicpartnerships with institutions like the Kazakhstan Highway Research Institute, Russian Academy of Engineering, MIT in the USA,and the University of Cambridge in the UK, which fortify the foundation for the Company's sustained technological innovation andbreakthroughs.As the secretariat unit of the Jiangsu Low-altitude Economy Development Industry Research Institute, JSTI conducts in-depthcooperation with enterprises and research institutions like Raytheon Information and Nanjing University of Aeronautics andAstronautics. It leads the development of a 3D dynamic airspace collaborative management system that innovates models andalgorithms to optimize low-altitude ?ight airspace planning and tra?c scheduling, enhancing airspace utilization and ?ight safetylevels. Furthermore, the Company actively promotes the upgrade of key technologies in the manufacturing of large and medi-um-sized drones, enhances key control system performance, and constructs an integrated low-altitude intelligent network, pro-viding data communication support for the e?cient operation of the low-altitude economy and driving the innovative develop-ment of the industry.
The Company holds quali?cations as a high-tech enterprise, with over 20 subsidiaries also recognized as high-tech enterprises.Moreover, it owns one specialized, re?ned, di?erential and innovative "Little Giant" company and ?ve specialized and SMEs. Interms of talent development platforms, in 2006, JSTI was approved by the Ministry of Human Resources and Social Security toestablish one of the ?rst post-doctoral research stations at the provincial level. In 2009, it was listed by Jiangsu Provincial Depart-ment of Science and Technology and Jiangsu Association for Science and Technology as a construction unit for the "Jiangsu Pro-vincial Enterprise Academician Workstation".
For a long time, JSTI has maintained close cooperation with Germany's HELLER Road Asset Management Engineering Con-sulting Company in the ?eld of scienti?c and technological R&D. Together, they have jointly declared and carried out theJiangsu Provincial Department of Science and Technology's innovation support plan for the industrial technology R&Dcooperation project - "Research on Key Technologies and System Development for Road Full Lifecycle Maintenance Basedon Optimal Bene?ts", which has been successfully approved. The results of this project have been demonstrated on nearly2,500 kilometers of roads within and outside the province and were selected for the Typical Cases of Smart Highway Inno-vation by 2023 China Transportation Association and the 2024 Four New Technologies of Jiangsu Road Engineering. Inpractical application, the results have signi?cantly met the service level requirements of road surfaces, providing strongsupport for scienti?c road maintenance decisions, and have great value and practical signi?cance in promoting the inno-vative management model of long-cycle maintenance.
Relying on a robust research platform, the Company actively engages in national and provincial key scienti?c research, testing,and product development tasks. As of the end of the reporting period, it has participated in over 600 national and provincialresearch projects, including three successful grants from the National Natural Science Foundation projects managed by the Min-istry of Science and Technology. With its professional research capabilities, the Company has won over 1,000 awards in research,design, and consulting outcomes. These achievements not only re?ect the Company's deep accumulation in the ?eld of techno-logical innovation but also inject strong momentum into the Company's long-term development.
JSTI's digital strategy plan (2025-2027) is committed to achieving comprehensive digital transformation and business growth. Interms of management digitization, the Company is fully committed to constructing a uni?ed global operations managementmap, deeply integrating ?nance and operations systems, and leveraging data-driven decision-making and business automation.The Company fully utilizes the powerful capabilities of cutting-edge IT technologies and products such as AI, big data, and cloudcomputing. Through re?ned process control and intelligent risk warning mechanisms, the Company achieves zero occurrence ofsigni?cant quality risks; by leveraging technological innovation to optimize business models, the Company continuously exploresthe endless possibilities of business digitization. Digital business, in particular, focuses on infrastructure operation periodservices, striving to build new qualitative productivity and actively creating a digital business product system for the JSTI brand,with speci?c goals set in ?elds such as intelligence, wisdom, safety, green initiatives, and data elements.In various ?elds related to scienti?c research and technological development activities, JSTI adheres to the bottom line of scien-ti?c and technological ethics, strictly follows ethical standards in science and technology, and ensures that technological innova-tion progresses robustly within the framework of ethics and law.
JSTI has developed an integrated electric wheel system, incorporated a new type of axial-radial magnetic permanentmagnet motor, high-e?ciency reducer, and lightweight brake, and optimized axial space to make the product compactand lightweight, e?ectively reducing unsprung weight and enhancing driving performance. In 2024, JSTI Groupwon multi-ple honors, including the third prize for Scienti?c and Technological Progress in the Automotive Industry from the Societyof Automotive Engineers of Jiangsu, the Award for Transformation of Scienti?c and Technological Innovation Achieve-ments by Jiangsu Association of Science & Technology Innovation, and the third prize in Science and Technology from theJiangsu Enterprise R&D Institution Promotion Association.
E?cient distributed drive integrated electric wheel technology for vehicles
6364
Intellectual property protection system
Intellectual property protection measures
Intellectual Property Protection
Governance structure and system
Product and service safety and quality system
Over the years, JSTI has undertaken and successfully completed numerous high-value patentcultivation projects and intellectual property strategic advancement projects, moving its IP e?ortsinto a strategic application phase. The Company continuously explores and integrates IP manage-ment with scienti?c research projects and innovation management, progressively unfolding its IPstrategy. As of the reporting period, the Company has developed patent portfolios in areas such asbridge health monitoring and maintenance, new road materials and maintenance, survey anddesign, prefabricated construction, and intelligent transportation, owning over 1,000 authorizedpatents and more than 400 software copyrights.
Intellectual property is a key component of a company's core competitive strength and plays a crucial role in its development. Tosafeguard the Company's intellectual property rights and continuously stimulate technological innovation, JSTI o?cially initiatedits intellectual property management e?orts in 2009, increased investments and formed an intellectual property managementteam to build a robust IP management system. Through continuous e?orts, in 2015, the Company's intellectual property manage-ment system successfully passed national standard certi?cation, marking a new height in standardized IP management. In 2017,the Company was honored with the title of "National Intellectual Property Demonstration Enterprise" by the National IntellectualProperty Administration in recognition of its outstanding IP achievements.
Intellectual PropertyManagement System Certi?cate
To strengthen IP management and stimulate technological innovation, thereby e?ectively utilizing patent rights, JSTI has estab-lished de?ning the standards for IP work. The Company employs dedicated IPmana-gement personnel who are involved in all phases from project initiation and R&D tracking to patent application, ensuringthat innovations are timely protected. Additionally, the Company collaborates closely with professional patent agencies, leverag-ing their expertise to improve the quality of patent applications, respond promptly to examination feedback, and ensure the timeli-ness and high authorization rate of patent applications. The Company also maintains close communication with the legal depart-ment; upon detecting any infringement issues, it promptly investigates and formulates response strategies to protect its legalrights. Furthermore, the Company focuses on enhancing the capabilities of its IP management personnel, supporting their partici-pation in annual online intellectual property training courses in China to learn the latest IP knowledge, continually optimizing IPmanagement work, and safeguarding the Company's technological advantages and operational security in market competition.
Whole lifecycle digitalfoundation construction project
In the Yangli Expressway reconstructionand expansion project, JSTI vigorouslypromotes the full lifecycle digitalfoundation project of "integratedconstruction, operation, and mainte-nance". Through digitalization anddelivery of design documents using BIMdesign, results are directly transmittedto construction and operation units,achieving digital model delivery anddata continuity.
Multimodal transport businessIn the construction of the Wuximulti-port linkage and multimodaluni?ed platform, JSTI utilizes advancedtechnologies such as the Internet ofThings, big data, and cloud computing.By improving data exchange interfacestandards and establishing dataelement circulation mechanisms,real-time interaction is achieved amongrailway, port, and shipping depart-ments; this promotes the exchange ofbusiness data related to multimodaltransport operations with closelyrelated departments such as customsand ports, creating a digital foundation,and providing decision-making supportfor the multimodal transport govern-ment work platform.
Low-altitude platform
The low-altitude platform business ofJSTI utilizes grid code technologycombined with the city's CIM foundationto provide a 3D digital airspace manage-ment solution. Following the ToG, ToB,and ToC approaches, it assists govern-ment agencies, owners, and users insupervising low-altitude ?ight services,providing customers with integratedlow-altitude services encompassing theentire process from aircraft and person-nel registration, ?ight route application,equipment entry, ?ight activity execu-tion, to data analysis and processing.
Product quality is the foundation of a company's market standing and a key element of brand competition. JSTI rigorously adheres tonational quality management regulations, and formulates comprehensive systems such as which encompass the entire quality management process, strengthen proc-ess control, and strictly oversee the quality of products and services at every stage.
JSTI has established creatinga quality management organizational structure with clear responsibilities and e?cient cooperation. These regulations de?ne theresponsibilities, authorities, and collaborative relationships of various departments in quality management.Technical Quality Center
Business unitProject ManagerQuality AdministratorInternal Auditor
Strictly Adhering to the Quality Line andFul?lling the Responsibility of Safety
Total number of valid patents granted1,200 items Number of valid patents per million of revenue0.25item/CNYInternational patent9 items Invention patent350 items Utility model patent807 items Design patent43 itemsNumber of software copyrights452 items Number of software copyrights per million of revenue0.10item/CNYNumber of published papers523papers
Responsible for quality inspection, assessment, analysis, and improvement of group projects, and alsooverseeing safety production.Responsible for analyzing and correcting existing quality issues in projects, developing and implementing correc-tive and preventive measures, and participating in quality inspections and remediation e?orts.Responsible for the speci?c implementation of project quality management and participating in subsequentremediation activities.In the corrective and preventive measures tracking process, responsible for con?rming the e?ectiveness of theveri?cation and informing relevant departments.Responsible for participating in the execution checks of the quality management system and external reviews.
Intellectual Property Management Regulations,
Quality Inspection and Assessment Manage-ment Regulations Quality Issue Penalty Regulations,and
Quality Inspection and Assessment Management Regulations Quality Issue Penalty Regulations,and
6566
Product realizationquality control process
Risk and opportunity management in product andservice safety and quality
Indices and goals for product and service safety and quality
Supervision and assessment
Quality management system certi?cation
JSTI implements comprehensive periodic quality reviews covering project products, processes, personnel, and equipment acrossmultiple dimensions. The Company forms a professional inspection team that conducts both monthly routine and surprise checks,with business units actively responding and rectifying issues identi?ed during reviews. Moreover, the Technical Quality Centertracks and veri?es the entire process. Additionally, the Company has established detailed quality assessment standards; theevaluation results of each business unit are directly used to guide management improvements and system optimization. The entiresystem embeds a supervision feedback mechanism, forming a closed-loop management that drives continuous quality improve-ment in projects.JSTI has successfully passed the ISO 9001quality management system certi?ca-tion, achieving internationally recognizedstandards for quality management. Fur-thermore, the Company has obtained thehighest AAA-level certi?cate for theupgraded quality management system inthe engineering survey and design indus-try, showcasing its profound capabilitiesin the ?eld of quality management.
During its operations, JSTI faces risks related to changes in regulations and policies, stakeholder requirements and complaints,major accidents, and changes in management systems. These risks challenge the quality and safety compliance, reputation, cost,and delivery capabilities of its engineering survey and design services and other businesses. However, enhancements in externalstandards, internal audits, and improvement mechanisms present opportunities for the Company to optimize managementprocesses, enhance technical capabilities, and strengthen market competitiveness.Consequently, the Company has established a comprehensive set of risk and opportunity control procedures that deeply analyzeinternal and external environments and keep pace with compliance obligations. Through stringent project review and veri?cationprocesses and advanced technological means, the Company ensures precise designs and safe construction, vigorously avoidingsafety and quality risks. Simultaneously, the Company actively engages in technological innovation, collaborating with top univer-sities and research institutions, incorporating cutting-edge technologies and concepts to enhance the quality and competitivenessof its products and services and expand its business scope. By closely monitoring market dynamics and customer needs, theCompany optimizes its business layout and processes, to enhance customer satisfaction and market share, and achieve coordinat-ed development in safety, quality, and e?ciency.In accordance with GB/T 19001-2016 and relevant lawsand regulations, JSTI has established quality, environmental, and occupational health and safety management systems. It has setup a potential index system covering certi?cation results of management systems, compliance rates of employee behaviors,customer satisfaction, and compliance rates of technical consulting service outcomes. The aim is to establish and improve quality,environmental, and occupational health and safety management guidelines, guide employees in standardized operations, demon-strate the Company's professional capabilities in scienti?c research, survey, design, and other technical consulting services andrelated management activities, continuously optimize management systems, enhance service quality, achieve high customersatisfaction, and promote continual progress in quality, environmental, and occupational health and safety management.
System and processManagement measures for product and service safetyand quality
JSTI places high importance on the e?ective implementation of the quality management system and control over project quality.In the management of project design processes, the Company adopts a process supervision model centered on work?ows andguided by customer needs. It implements strict quality control at critical stages of the project, from drafting work outlines,conducting ?eld surveys, formulating technical plans, to completing designs. Facing project uncertainties, the Company introduc-es a risk planning system, uses professional tools to precisely identify and assess major risks within projects, and developscorresponding response strategies. At the same time, the Company incorporates internal self-inspection into normal work, andregularly organizes professional teams to carry out inspections. If issues are identi?ed during self-inspections, corrective actionsare immediately initiated to adjust and optimize processes, ensuring products meet the standards and requirements of qualitymanagement.
Maintain an AAA+ certi?cation upgrade for the quality management system
Achieve a 100% quali?cation rate for design products
Project quality mana-gement framework
Con?guration Administrator
Project DirectorProject Manager
Work ExecutorProject PartnerProject PartnerWork Executor
Project PartnerWork Executor
Work outline
Fieldinvestigation
Technicalprogram
DesignTechnicaldisclosure
External review
Document
delivery
Results reviewChangeField serviceProject archiving
Index
Objectives
Product quali?cation rate100%Annual number of internal quality audits2,018timesNumber of random inspections by hiring a third-partyagency5 times
Number of quality culture training sessions12 timesNumber of quality culture trainingperson-times2,400 person-timesTotal duration of quality culture training144,000 hours
Focus on customer needs, pursue exceptional quality, encourage employee development, advocate for green andsafe practices, and continually innovate for customer value
Annually win more than 7 national, departmental, or provincial (industry) awards for excellent engineering design orscienti?c and technological progress, including at least one ?rst-class award, and secure more than 30 verticalresearch projectsMaintain an average group customer satisfaction score of at least 95 points, with no more than 5 customer complaintsrecognized as quality issues per yearEnsure that the number of external reviews not passed in one go at any stage of business institute projects does notexceed 3 annually, with a 100% completion rate for required corrections
Graded Certi?cation of Quality Management Systems in Engineering Survey and Design Industry Organizations,
Requirements for Quality Management Systems, Requirements and Evaluation Criteria for
6768
Strengthening Data Defenses,Safeguarding Customer PrivacyJSTI's daily operations involve processing a vast amount of data, derived from interactions with customers, collaborations withpartners, and various stages of the supply chain.
JSTI adheres strictly to national laws and regulations, and establishes a comprehensive and detailed hazardous chemicalsmanagement system to fully implement management responsibilities, ensure the safety and regulation of hazardous chemicalsmanagement, practice corporate social responsibility, and safeguard environmental and public safety.
Procurementstage
Safety Research CenterTraining of Safety Institute
Quality Promotion ofSouth China Institute
Hazardous chemicals management
The Company places a high priority on quality con-trol and training, focusing on quality standards intransportation engineering construction, thelatest technical speci?cations, and common quali-ty issue solutions. Through diverse methods suchas theoretical explanations, case studies, andon-site simulations, employees gain a deep under-standing of the critical role of quality throughoutthe project's entire lifecycle. This strengthens theaccuracy of employees' quality control and fostersa positive atmosphere where all sta? participate inquality improvement e?orts.
Quality training activities
Customer service system
JSTI embraces a proactive service philosophy, fully committed to fostering strong customer relationships and continuouslyenhancing customer satisfaction. The Company adopts the advanced "PDCAR" cycle management concept, benchmarks againstindustry excellence standards, and sets annual customer satisfaction management goals. These goals anchor the direction forenhancing service quality and establish a systematic and comprehensive customer satisfaction management system. Annually,the Company conducts onsite surveys assessing project quality, execution progress, and service levels to collect customeropinions and feedback comprehensively. Utilizing the Customer Relationship Management (CRM) system, the Company formu-lates detailed management optimization plans and accountability lists, regularly checks maintenance e?ectiveness, and closelymonitors customer information and maintenance progress through professional systems. This ensures that maintenance work issolidly advanced and customer surveys are orderly conducted, covering all key projects comprehensively. During the reportingperiod, the Company successfully completed its annual survey tasks, responded proactively to feedback, and demonstratedattention to and capability in problem-solving.
Customer satisfaction
JSTI places a high emphasis on enhancing service levels, consid-ering customer complaint management as a critical aspect, andhas established a comprehensive customer complaint manage-ment system. The Company has developed and issued Regulations, continuously expanding channels forcustomer complaints, including phone, email, fax, SMS, andsatisfaction surveys. Complaints are categorized into Class I, II,and III, and are reviewed at multiple levels to ensure accuracy. Inthe handling process, Class I involves multi-department collabo-ration with business units leading the recti?cation; Class II ismanaged by business departments independently; Class III ismonitored continuously to form a strict handling loop, withstrong supervision by regional centers and e?ective control overbidding quali?cations. The outcomes are deeply integrated intothe assessment and promotion framework, profoundly reshap-ing employee behavior patterns, driving all sta? to focus onenhancing customer satisfaction, continually consolidating andexpanding market share, and achieving sustainable develop-ment.
Customer feedback and complaint
Client Rights and Interests Protection
Follow strict procedures to pre-vent illegal transactions, ensuringprocurement is legal and compli-ant
Acceptanceand storage
After multi-party acceptance, chemi-cals are stored according to theircharacteristics in a categorizedmanner and undergo regular safetyinspections and maintenance. Moni-toring and theft prevention measuresare also strengthened.
Collectionand useStrict approval and registration arerequired. Personnel must operateaccording to regulations and takeproper protective measures. Hazard-ous waste and expired chemicals arecollected and handled properly, withdisposal entrusted to professionalcompanies and records maintained
Emergencyresponse
Equip protective facilities andformulate emergency responseplans to ensure orderly responseto accidents
P
Plan
D
Do
C
Check
A
Action
R
Record
Number of customers participatingin the survey1,131 peopleNumber of customer complaints5 timesNumber of special trainings on customercomplaint response24 timesNumber of special training person-times on customercomplaint response840 person-timesTotal duration of special training on customercomplaint response280h
Management
Customer
JSTI steadfastly adheres to a customer-centric approach, taking customer needs as the starting point and focus of its work. Toprovide higher quality customer service, the Company has strengthened its institutional framework by formulatingThese establish an e?cient customer service managementsystem that accurately captures customer demands, o?ering them professional and e?cient solutions. At the same time, theCompany genuinely safeguards customer rights, responds swiftly to customer queries, and ensures issues are resolved promptly.
Customer Ma-nagement Regulations Sales Project Management Regulations.and
6970
JSTI places high importance on information security management, building a comprehensive information security managementsystem. The Company undertakes thorough audits of information assets, deeply investigates potential security risks, and accu-rately identi?es potential external threats and internal weaknesses. Based on this, the Company has formulated InformationSecurity and Classi?ed Computer Management Regulations, clearly de?ning the processes and standards for information securityrisk assessment.The Company has assembled a professional team that uses industry-standard assessment methods to conduct annual riskassessments, comprehensively reviewing the Company's information security status. During the reporting period, the Companystrictly adhered to national laws and regulations, the ISO/IEC 27001:2022 standards, and internal information security manage-ment guidelines, conducted internal audits of the operations center, and focused on checking the compliance and e?ectivenessof the information security management system.Additionally, the Company regularly holds information security management review meetings to evaluate the completion ofinformation security policies and objectives, and produces risk assessment reports. Should any risks be identi?ed, immediateaction is taken to initiate the remediation process and implement corrective measures swiftly to ensure information security iscontrollable.
Information security risk management
Overall
goals
Speci?c
goals
Information security indices and goals
JSTI places high importance on information security, prioritizing the protection of engineering design drawings, project data, andother con?dential information. The Company has deployed professional encryption software across the Group to encrypt sensi-tive ?les. Additionally, the Company strictly regulates the decryption approval process, meticulously recording each approval toensure traceability and precise control over the decryption process. On the network monitoring front, the Company focuses oninternet cloud disk and document sharing platforms by setting up searches using keywords related to "JSTI" to timely detectpotential leaked documents and prevent further dissemination of information. Moreover, the Company has initiated a leak trace-ability mechanism to investigate the source of information leaks deeply and, based on company regulations, seriously handlethose responsible.
Data leak prevention and emergency measures
Fostering a culture of security awareness among personnel is also a focus of the Company's information security e?orts. Duringthe reporting period, the Company conducted a security awareness survey among employees to understand their understandingof information security. Additionally, the Company organized cybersecurity awareness training focusing on common securityissues encountered in daily work and life, such as password security, QR code security, and e-mail security, deepening employees'understanding of information security risks and e?ectively strengthening the security consciousness of all sta?. During the report-ing period, the Company conducted one information security training session with 60 participants.
Information security training
JSTI places a high priority on protecting customer information and has established internalthat clearly de?ne the duties and responsibilities related to customer privacy protection. The Company strictly controls thedissemination and use of customer information, preventing the leakage of sensitive customer data. During the reporting period,there was no customer privacy disclosure incident in the Company.
Customer privacy protection
In the context of the broader trend toward digital transformation, JSTI actively aligns with this trend and signi?cantly enhancesits data security management capabilities. The Company has established partnerships with several professional security ?rms tocontinually advance its data security protection levels. For instance, the Company utilizes next-generation ?rewalls, application?rewalls, and Endpoint Detection and Response (EDR) technologies to comprehensively protect the Company's applicationsystems, servers, and endpoint data, ensuring the security and availability of information assets throughout their lifecycle. Fur-thermore, the Company has deployed a data backup system, ensuring data can be quickly restored in the event of an incident tomaintain business continuity.Regarding the backup of critical information systems and hardware equipment, the Company has implemented a comprehensiveand e?ective backup mechanism to ensure data integrity and traceability. This reduces the risk of business interruption due tosystem failures or hardware damage, ensuring stable and continuous business operations.
Data security prevention measures
Data security safeguard measuresInformation security management system
?Protect the con?dentiality, integrity, and availability of the Compa-
ny's information systems and data, e?ectively preventing accidentalor malicious breaches, alterations, or leaks?Ensure the information system operates continuously, reliably, andnormally, providing timely, ongoing, and high-quality IT services andcontinually improving them?Ensure the construction and operation of the information securitymanagement system comply with mandatory provisions, rules ofnational government agencies, regulatory bodies, and applicablepractices, standards, and agreements
?Conduct informationsecurity awareness train-ing for employees at leastonce a year?Achieve an applicationsystem availability goal of95% within one year?Organize at least oneinformation security riskassessment by a thirdparty within one year
In the digital era, information security and privacy protection are paramount. To genuinely safeguard information security, the Companyhas established a comprehensive information security management and customer privacy protection system, adhering strictly to theCybersecurity Law of the People's Republic of China, Data Security Law of the People's Republic of China, Personal Information Protec-tion Law of the People's Republic of China, and other legal requirements to ensure all data collection, storage, usage, and transmissioncomply with legal standards. Additionally, the Company maintains high ethical standards and treats all authorized information providedby employees, customers, consumers, suppliers, and partners with a high sense of responsibility and con?dentiality.During the reporting period, there was no data security and customer privacy disclosure incident in the Company.Decision-making layer ?management representativeManagement layer ? information
security management teamExecution layer ? information
security execution team
Composed of the Vice Presidents in charge at the Group Operations Center and otherdesignated presidents, responsible for reviewing, deploying, and assessing the Group'sinformation security strategyComposed of the General Manager of the Operations Center and heads of other functionalcenters, responsible for coordinating and managing information security tasksComposed of the Information Security Manager of the Operations Center and otherrelevant sta?, responsible for following information security management requirementsand implementing speci?c information security tasks
Customer Management Regulations
Beautiful Life
Responding to SDGs
7374
Employee rights are the primary driving force for corporate development. JSTI earnestly upholds the labor rights of everyemployee, especially in areas such as health, safety, and satisfaction. The Company strictly adheres to laws and regulations suchas the and establishes a comprehensive recruitment, growth, and compensation andbene?ts security system throughout the process. The Company resolutely eliminates any form of child labor and forced labor,opposes workplace discrimination and harassment, and is committed to creating a diverse, equal, fair, and inclusive work envi-ronment.During the reporting period, the Company achieved a 100% rate of labor contract signing and social insurance coverage.
Employee compositionTotal number of employees7,855peopleNumber of disabled employees26people
Number of minority employees
137people
Proportion of minority employees
1.7%
Sta? turnover rate
13.5%
FemaleMale
PhD candidatesPostgraduates2,054people5,801people
39people
1,241people
UndergraduateJunior collegestudents and below4,475people
2,100peopleNumber of employees by genderNumber of employees by education background
JSTI advocates governance values of diversity, equality, and inclusion, respecting the di?erences between individuals and appre-ciating the uniqueness of each employee.The Company respects individual di?erences among employees and prohibits unfair treatment based on race, skin color, age,disability, belief, gender, and other factors, ensuring that every employee enjoys equal opportunities and treatment. During thereporting period, the Company did not commit any human rights violations such as labor discrimination.
ChengduXiamen
Management of diversity, equality, and inclusion
JSTI highly values the protection of women employees' rights, adhering to the principle of equal pay for equal work. Femaleemployees are legally entitled to paid leave for prenatal check-ups, maternity leave, and breastfeeding leave. Additionally, theCompany provides facilities such as restrooms and nursery rooms and has established a women's committee to represent femaleemployees and protect their rights. To further enrich the leisure life of female employees, the Company regularly organizes vari-ous activities, such as organizing tours for female employees on International Women's Day and holding lectures on women'shealth rights.
Protection of women's rights
Overview of labor rights
Diversity, equality, and inclusion
The Company has formulated internal management policies such as the to build a robust human resourcesmanagement system and incorporates legal standards related to human rights and labor into its internal governance structure.This provides a systematic basis for labor governance, ensuring that corporate operations comply with legal requirements andsafeguarding employees' basic rights.The Company strictly adheres to national laws and regulations, strictly prohibits the employment of child labor and all forms offorced labor, and protects the legitimate rights and interests of employees. During the reporting period, the Company did notemploy child labor or forced labor.
Labor governance
Protecting Labor Rights,Promoting Employee Development
For International Women's Day 2024, the Company organized a travel activity for female employees.
"International Women's Day" travel activities
During the reporting period, the number of employees enjoying maternity leave was 68, with a
100% return-to-work rate after maternity leave; the number of employees enjoying paren-tal leave was 208, with a 100% return-to-work rate after parental leave.
Labor Law of the People's Republic of China,
Employee Handbook
7576
JSTI adheres to the compensation design philosophy of "rewarding the diligent and ensuring high-performing employees receivemore rewards". Each year, the Company regularly assesses the market competitiveness of employee compensation in conjunc-tion with industry pay levels and has designed a leading compensation strategy. Also, to keep the employee team constantlyenergized and based on the value creation of personnel, the Company reasonably determines employee compensation rewards.To attract and retain outstanding talents and business backbones and to stimulate the enthusiasm of all employees to continu-ously create value for the Company, the Company has built a personnel compensation structure that adapts to the marketsystem and internal employee development. This includes ?xed compensation based on job value, variable compensation basedon personnel performance evaluation, and mid-to-long-term incentive plans based on the achievement of the Company'smid-to-long-term strategic goals. During the reporting period, the Company paid wages on time, and there were no incidents ofwage arrears.
?Fixed compensation (job value)?Variable compensation (personnel performance evaluation)?Mid-to-long term incentive plan (achievement of Company's mid-to-long term strategic goals)Employeecompensationstructure
Talent storage is the soft power for the long-term operation and development of the Company, as well as the driving force forinnovation and competition. To meet the needs of the Company's continuous and rapid development for talent, JSTI has formulat-ed a series of policy documents such asThe Company actively develops a new high-quality talent pool and widely recruits talents from all walksof life. At the same time, we continuously broaden recruitment channels, actively carry out talent introduction through diversi?edrecruitment mechanisms such as campus recruitment and social recruitment each year.
Recruitment process diagram
Employee recruitment and employment
Compensation and bene?tsCompensation system
JSTI always regards employees as an indispensable element of company development, and continuously improves the employeebene?ts system to enhance employees' work enthusiasm. In addition to statutory bene?ts, the Company also provides varioustargeted supplementary insurances, health check-ups, association activities, etc., enhancing employees' sense of happiness andbelonging.
Employee bene?ts
To ensure that employees get appropriate relaxation and rest aside from their busy work schedules, the Company provides avariety of cultural and sports activities, advocating a healthy lifestyle and continuously enhancing employee cohesion and happi-ness.
Employee activities
The Group's labor union organizes various employee cultural and sports activities, deeply focuses on the physical andmental health of employees, and is committed to enhancing team cohesion and corporate culture identity, ultimatelytranslating into practical actions to strengthen the close connection between the Company and employees and to promotesustainable corporate development:
Enriching cultural and sports activities to improve employees' cultural cultivation
Recruitmentdemand
Demandanalysis
Con?guration
approval
Recruitmentinformation release
Quali?cationreview
Qualityinterview
Professionalinterview
Backgroundinvestigation
Hiringapproval
Medicalexamination
Onboarding
During the reporting period, the average compensation per employee was CNY 184thou-sand, and the average revenue created per employee was CNY 587 thousand.
?The Company implements a standard working hours system, ensuring that employees complete their work taskswithin working hours and safeguarding their rest time.?The Company provides paid leave bene?ts for employees, who enjoy di?erent days of paid leave depending ontheir years of service.
?To facilitate employees' work and life, the Company o?ers a ?exible working policy.
?The Company's 2nd and 3rd phase employee stock ownership plans are still in the continuation period.
?Organizing the 2024 JSTI Basketball Tournament.?Organizing the 6th JSTI Soccer League.?Organizing participation in the "Planning and Design Cup" Basketball Invitation Tournament 2024 of Jiangsu Surveyand Design Industry Association.?Organizing participation in the Nanjing Jianye 2024 Science and Technology Association Cup Badminton Tournament.
?Organizing participation in the 2024 Football Tournament of the Federation of Trade Unions of the Jiangsu ProvincialDepartment of Transportation with the theme of "Healthy Future, Forging Ahead to a New Journey".
Employee Labor Contract Management Regulations, Employee Handbook, and RecruitmentManagement Regulations.
7778
New Year symposium for retired workersPsychological group assistance activity
The Company strictly follows laws and regulations such as theshes trade union organizations, and, in conjunction with the actual situation of the Company, has formulated Trade Union Man-agement Regulations. To promote e?ective communication between employees and the Company, we have taken the followingmeasures:
The Company always values communication during the performance process, and ensures that superiors and subordinates reachconsensus on existing issues and improvement measures during the performance completion process through system platformfeedback, performance meetings, performance interviews, and other forms. If employees have doubts about the assessmentresults, they can provide feedback through HR Enterprise WeChat, verbal, and online appeals.
Democratic management of employees
The Company is committed to creating a respectful and supportive work environment to foster communication and interactionamong employees. During the reporting period, the Company utilized international tools and methods—speci?cally the GallupQ12 internal "Questionnaire Survey"—to conduct a satisfaction survey among all employees. Based on the survey results, ananalysis report and an improvement guide were produced.
Employee satisfactionEmployee Care For foundation members and their immediate family members who su?er from serious diseases or accidents, theCompany's Mutual Aid Fund Committee will provide necessary ?nancial assistance to convey our deep care and warmth. More-over, JSTI Group always prioritizes the welfare of employees in di?culty, regularly holding condolence activities to deliversincere care and practical help to employees in need. In addition, the Company also highly values the quality of life of retiredemployees, regularly organizing retired employees' forums, aimed at letting retired employees feel the Company's ongoing careand deep respect.
Employee care
Talent is the primary driving force for corporate development. The Company places high importance on the training and develop-ment of talent, has established the , and has built a comprehensive, multi-level talent trainingsystem.
Fangshan University serves as JSTI's base for cultivating future-oriented engineering, technical, and management talents. It hasdeveloped three major training programs: the Sailing Plan (for new employees), the Voyage Plan (for project managers), and theLeading Plan (for core management personnel), focusing on the key abilities and talents needed for the Company's operationalsuccess. These programs train a professional combat team that is ready and able to achieve victory, assisting strugglers to rapidlyclimb to career peaks.
Employee training and developmentEmployee Training System
?By holding trade union member assemblies and employee representative assemblies, employees are provided aplatform to directly express their opinions and suggestions.?Establish a corporate collaborative o?ce platform, including E-platform, Enterprise WeChat, and e-mail systems,so that employees can feed back problems and suggestions to the Company anytime and anywhere.?Establish a rationalization proposal process to encourage employees to actively suggest improvements in Compa-ny operations and work e?ciency.During the reporting period, the proportion of union members among employees was
100%, with 4 employee representative assemblies convened and 4 projects deliberatedand approved; the JSTI labor union was awarded as an advanced collective in union work.
During the reporting period, the average employee satisfaction rate was85%,and the attrition rate was 13.5%.
Training system of Fangshan University
E-Learning Institute, massive online courses available for employees
Type
Leadershipacademy
First Tier (Global Leadership & Executive Coaching)
Leading Plan
Professionalcollege
Special training camp for project manager management abilityVoyage PlanFunctional series trainingProfessional technical series trainingGeneral skills training courseIn-house instructor training and certi?cation
Spark PlanOpen classLecture frominstructor
Specializedlearning mapLecture fromProject Manager
Newcomerclassroom
Professional training camp for new employees recruited on campus
Sailing PlanTraining for new employees recruited from society
Mentorship Program
Second Tier/new managerCurriculum system
Third Tier/youth talents
Targeted job training for new employees by business institute
Training program
Chairman's Young
Talent Program
Culture and ethical compliancePMBOK project management knowledge
Trade Union Law of the People's Republic of China,legally establi-
Training Management Regulations
7980
Problem solver. Lead in solving key technical research of this major, andguide to solve di?cult problems of this major in the projectSystematically master the professional knowledge required for the work,have rich engineering and project experience, undertake professionalscheme design, and lead the solution of routine problems in this subdivisionLead the formulation of routine and routine project plans, complete thedesign of complex projects, and review the design results of this majorFamiliar with the design of this specialty, and able to complete theroutine project design preparation and general project reviewOnboarding, preparatory level
Industry expert. Reach the domestic leading level in this major, grasp thedevelopment trend of this major, and lead the development of this majorGroup expert. Pro?cient in this specialty, preside over special commontechnical research within this specialty, and guide the completion oflarge-scale project production in the industry
The Company has established a comprehensive learning enhancement system. On one hand, it has formed an internal instructorteam to summarize internal knowledge and experience, enrich training resources, and support the comprehensive growth ofemployees. On the other hand, through the use of E-learning online academy and the JSTIer WeChat learning platform, itprovides employees with convenient learning services, promotes talent development and performance enhancement, and drivesthe implementation of corporate strategy.
Leadership training at JSTI is tailored for di?erent management levels, encompassing a wide range of content covering theoreti-cal knowledge, practical skills, and comprehensive quality enhancement.
To better adapt to the dynamic needs of the Company's development, we continuously optimize the management and technicalseries' job transformation systems and processes, establish standardized and ?exible Job Change Management Regulations,encourage e?ective internal talent mobility, scienti?cally allocate talent resources, broaden employee development channels,and meet the Company's talent needs for various positions and businesses. During the reporting period, a total of 1,088 internaljobs were transferred within the Company.
The Company always adheres to the "people-oriented" philosophy and, in line with employees' personal desires and job require-ments, constructs various career development paths in technical, management, functional, and marketing directions. Thisprovides every employee with diverse development options, ensuring that employees with di?erent skills, interests, and careergoals can ?nd positions that match their traits within the Company, and actively cultivates high-performance, high-potentialcomposite key talents.
Career development
Leading Plan
Voyage Plan
Other training s
Career development channel chart
Vertical layering
Horizontal classi?cationBusiness technology
sequence
Chief EngineerDeputy Chief EngineerChief EngineerClass I Engineer/Deputy Chief Engineer
Class II EngineerClass III EngineerClass IV EngineerTechnicianAssistan
Marketing sequence
///Marketing DirectorGeneral Manager, Regional Center
Deputy Marketing Director
Marketing ManagerMarketing Specialist
Management sequencePresidentManaging President/DeanVice President of Business InstituteChief Engineer of Business InstituteDepartment Head
General Manager/DirectorDeputy DepartmentHead/Chief Engineer
Senior ManagerFunctional management sequenceManagerSpecialist
General Mana-gement ManagerGeneralSecretarySecretary
Subsidiary Divi-sion Manager//
Development path of business technical sequence positions
Management sequence
Professional direction
Technical sequence (I)Technical sequence (T)
Specialty depth/in?uence intensity
Vice PresidentDean of Business InstituteHead of business unitDeputy head ofbusiness unit
Class IV EngineerDesign/prepare
Deputy Chief EngineerChief EngineerDeputy Chief EngineerChief Engineer
Class III Engineer
ReviewClass II Engineer
Check
Senior ProjectManagerIntermediateProject ManagerJunior ProjectManager
Business operation manage-ment, market expansion, teamcapability building and projectmanager training, senior custom-er communication, coordinationand management
Corresponding signaturerights, classi?cation ofactual job responsibili-ties
Professional technical developmentplanning, technology, qualitymanagement, research and innova-tion, problem solving, knowledgeprecipitation, personnel training andquali?cation evaluation.
During the reporting period, the Company conducted 155 training sessions covering 221,989 participations,with an employee training coverage rate of 91.15%; the total training duration was 511,903 hours , withan average training duration of 9.1 hours per employee; and the total training expenditure was CNY1.5 million.
Junior project managers: Learning project management theory, PM system operations, etc., cultivat-
ing leadership skills, reporting, and presentation abilities, establishing a basic framework for projectmanagementIntermediate project managers: Enhancing management skills through project management practical
workshops, and stimulating team potential with team management courses and practical discussions
Senior project managers: Focusing on project thinking and key management, learning from excellentcases, and developing strategic vision, decision-making, and presentation skills
First Tier (Global Leadership & Executive Coaching): For senior executives, cultivating global perspec-tive leadership and providing personalized coaching for executivesSecond Tier/New Managers: Focusing on role transition and basic leadership, teaching team manage-
ment, goal setting, and other basic skills
Third Tier/Young Talents: Cultivating leadership potential, setting up courses on leadership theory,innovative thinking, etc., and reserving leadership talents
Targeted at core management personnel, focusing on cultivating their leadership skills to help drivethe Group's strategic development.
Professional direction: Operation in acertain business domain, businessinstitute, and business unit
Class I Engineer
Approve
8182
The Company recognizes occupational health and safety risks in areas such as the work environment, operational management,and research and development. To address and mitigate these risks, the Company strictly adheres to laws and regulations suchas theIt has established a comprehensive occupational health and safety management system,dedicated to creating a safe and healthy working environment for employees.During the reporting period, the Company did not experience any major accidents related to safety production.
In light of hot issues in industrysafety production and previouspractical situations, the Companydiscusses and sets safety produc-tion goals, clarifying the safetygoals and responsibilities of lead-ers at all levels and employees. Toensure the continuous, healthy,and stable progress of the Compa-ny's safety production work, theGroup adopts a safety goal assess-ment method to evaluate thecompany and its subsidiaries.
During the reporting period, the Companywas certi?ed under the ISO 45001 Occupa-tional Health and Safety ManagementSystem and regularly conducted internalaudits and management reviews to ensurethe e?ectiveness and continuous improve-ment of the management system.
Occupational Health and SafetyManagement Systems Certi?cate
Valuing Health and Safety,Creating a Safe Environment
The Company has established a dedicated department for occupational health and safety management, responsible for dailysafety supervision, management, and coordination, and has formulated occupational health and safety management systemsand operating procedures, such as providing employees with clear safety guidelinesand behavioral norms to ensure e?ective implementation of safety production policies and measures. Additionally, to ensure theprofessionalism of occupational health and safety management, we focus on enhancing the professional skills and capabilities ofrelevant personnel, regularly organizing professional training for safety management personnel to improve their professionalquali?cations and management level.The Company has established a comprehensive safety responsibility system covering all departments and members, set up athree-level safety management structure composed of JSTI Group, its holding subsidiaries in mainland China, and variousthird-party service units. This structure is responsible for layered management of the Company's safety production activities.
Occupational health and safety governance
JSTI and its subsidiaries, in line with their business realities, systematically assess the impact, risks, and opportunities associatedwith occupational health and safety factors. They formulate appropriate measures based on a safety risk identi?cation checklistto strictly control and e?ectively prevent potential risks.
Occupational health and safety strategy
JSTI has implemented a rigorous management process aimed at e?ectively identifying, assessing, and managing safety risks, whilecontinuously monitoring the safety status of the work environment. The Company has established a comprehensive safety riskassessment mechanism, and regularly conducted comprehensive risk identi?cation and assessments of the production environ-ment, equipment, and operational processes. Potential safety risks are identi?ed through employee feedback and other methods,and managed based on the size, likelihood, and impact of the risks. For di?erent levels of risk, the Company develops correspond-ing risk control measures and emergency plans to ensure risks are e?ectively managed.We have established a regular safety hazard investigation mechanism and regularly organized professionals to conduct compre-hensive potential hazard investigation, ensuring no blind spots or areas are overlooked. For identi?ed hazards, the Company actspromptly to rectify them, ensuring timely elimination. Additionally, the Company actively encourages employees to participate inhazard identi?cation and recti?cation, reporting safety hazards promptly and making necessary corrections.
Management of occupational health and safety impacts,risks, and opportunities
Technology
Risks
Risks of produc-tion equipmentfailures
Low
Short- tomedium-term
Increased costs: produc-tion interruptions, delays;increased maintenancecosts
Establish a safety monitoringand inspection system, andconduct regular adjustmentsand inspections
Operational
Risks
EnvironmentalOperational Risks
Low
Short- tomedium-term
Increased costs: funds foraccident handling andrecti?cation
Conduct safety hazard inves-tigations, develop emergencyplans and regular safetydrills, and enhance occupa-tional health and safety train-ing for employees.
Establish a systematic OHSmanagement system; andapply digital toolsReputationopportunity
Implementation Policy
E?ective occupa-tional health andsafety manage-ment measuresenhance the Com-pany's public im-age
Medium
Long-term
Reduced costs: Increasedinvestor trust, reduced?nancing costs, attractedmore investmentSafety productionmanagementresponsibilities
Technical Quality Center
?Organization and implementation of safety management work?Construction of safety production supervision and management system
?Development of the Group's emergency response plans for safety production
?Emergency handling of production (including laboratory system) incidents
?Handling of safety production accidents within the Group?Related safety production emergency drills?Other production safety management-related work
Potential opportunityTypeDescription
Likelihoodof Occurrence
ImpactDuration
Financial Impact
Potential RiskTypeDescription
Likelihoodof Occurrence
ImpactDuration
Financial ImpactResponse Strategy
and Control of Occupational Diseases.
Safety Production Law of the People's Republic of China and the Law of the People's Republic of China on the Prevention
Safety Production Management Regulations,
8384
To ensure the physical and mental health of employees and the safety of the work environment, we have implemented a series ofcomprehensive and meticulous safety management measures aimed at creating a zero-accident, zero-injury work environment.
To prepare for potential emergencies, the Company has developed speci?c emergency plans such asclarifyingemergency handling processes, measures, and rescue teams. The Company regularly organizes safety drills to improve employees'emergency response capabilities and self-rescue skills and continuously improves emergency plans based on drill results to ensuretheir practicality and speci?city. During the reporting period, the Company organized a total of 36 emergency drill activities, withparticipation totaling 1,110 person-times .
Sprinkler burst pipe emergency drill
In May 2024, JSTI Research Center conducted a safety hazard investigation and produced an inspection record table.Safety hazard investigation of research center
On March 20, 2024, JSTI Property Service Center conducted asprinkler burst pipe emergency plan drill to enhance personalemergency handling capabilities.
Sprinkler burst pipe emergency drill
To strengthen safety management, the Company has established a comprehensive system of occupational health and safety productionindices, which covers hazard identi?cation and recti?cation, detection of occupational hazard factors, etc. Based on these indices,speci?c occupational health and safety production objectives have been set, aiming to create a zero-accident, zero-injury, healthy, andharmonious work environment to ensure the health and safety of employees.
Occupational health and safety indices and objectives
Safety management measures
Safety and equipment checklist (partial)
ObjectivesNo occurrence of environmental pollution incidents100% timely handling rate of social and environmental complaintsEnergy consumption reduced by 3% compared to the same period last yearNo occurrence of general and above equipment incidents andmechanical equipment incidents caused by company liability
No occurrence of ?re incidents caused by company liabilityNo occurrence of liability tra?c accidents causing losses of CNY30,000 or moreNo occurrence of severe injuries or fatalities caused by company liabilityNo more than 0 minor injury incidents caused by company responsibility
Zero incidence rate of occupational diseases
AchievementMetMetMetMetMetMetMetMetMet
Health checkof occupationaldiseases
Employee o?ce water safety
Road safety
Purchasingbuilding propertyand public liabili-ty insurance
Safety ande?cient operationof special equip-ment (elevatorsand mechanicalparking spaces)Regularly providehealth screenings foremployees, includ-ing common diseaseanalysis
Quarterly replacedrinking water?lters, continuouslyimproving productregistration require-ments
Provide overallmaintenance ofo?ce buildingground waterproof-ing, and updateanti-slip materials inthe basement toensure driving safety
Regularly purchaserelevant liabilityinsurance for build-ings in three loca-tions, and continu-ously add additionalinsurance typesbased on the opera-tional status of proj-ects, ensuring safebuilding operations
Complete specialequipment inspec-tions, timely replacerelevant parts,station personnel torespond to emergen-cies, and dispose ofthem in advance
Electric Shock Accidents, Special Emergency Plan for Food Poisoning and Special Emergency Plan for Fire Accidents,
Special Emergency Plan for
During the reporting period, thetotal investment in safety trainingwas CNY350,000, with
60 safety training sessions held;
a total of 9,937 participantsattended safety training, accumu-lating 17,654 hours oftraining.
Social welfare
Ful?lling Social Responsibilities,Delivering Corporate Warmth
The Company has always upheld the purpose of giving back to society, consistently ful?lled its corporate responsibilities, andbrought welfare and hope to the community. It actively engages in various forms of public welfare activities, such as social wel-fare and rural revitalization, demonstrating corporate responsibility and spreading positive energy.
The Company actively participates in various social welfare activities, interpreting corporate responsibility through practicalactions. It has organized a series of charitable volunteer activities, including educational aid projects, visits and condolenceactions, and charitable donations.
Rural revitalization
In response to the national call for work on "agriculture, ruralareas, and farmers" and adhering to the spirit of "thousands ofenterprises helping thousands of villages", JSTI activelyadvances rural revitalization e?orts. In promoting ruralrevitalization, the Company actively invests resources andenergy, steadily bridging the gap between poverty alleviationand rural revitalization, contributing to the cause of ruraldevelopment. During the reporting period, the Companydonated poverty alleviation charity funds to the designatedpoverty alleviation area in Heshan City, Jiangmen, GuangdongProvince.
Educational assistance
Education is crucial for the nation's future and the hope of its people. The Company has long focused on charitable contributionsin the ?eld of science and education, vigorously supported education aid activities for impoverished students, and helpedstudents grow and succeed through incremental actions. During the reporting period, the Company established scholarships inseveral universities, and continuously supported outstanding students at prestigious institutions such as Harbin Institute of Tech-nology, Southeast University, and Chongqing Jiaotong University.
Corporate charitable donation bills
Company poverty alleviation charity donation bills
Company education support projects
8586
During the reporting period, the Company invested CNY1.1328 million in public welfare.
Education development fund of Harbin Institute of Technology: CNY300,000
Education fund of Southeast University: CNY600,000Education development fund of Chongqing Jiaotong University: CNY200,000
Future Outlook
In the future, JSTI will continue to adhere to its mission of "To become the most dynamic and trustworthy enterprise, shaping thenew world" and unswervingly implement the ESG concept into corporate practice. Through the e?cient enhancement ofresource utilization, technological innovation, and operational management, the Company aims to foster environmental friendli-ness, service upgrades, social progress, and corporate growth. JSTI is dedicated to striving toward the goal of "becoming a globalleader in technology in the infrastructure sector".With a quality system as the foundation, the Company will digitally empower the entire production process of its main businessto create a "business platform", integrating operations and standardizing data. The application of BIM+GIS digital base technolo-gy services across the entire lifecycle will unlock the underlying logic of digital business, driving the digital transformation of theGroup's operations with data as the core.Management knowledge and capabilities will be integrated into a "management platform", unifying business and ?nance, andsystematizing operations; this will facilitate predictions and risk management, enabling e?cient data-driven decision-makingand business execution.Focusing on the entire chain of infrastructure design, construction, maintenance, materials, and software, JSTI will utilize toolssuch as cloud computing, big data, IoT, arti?cial intelligence, and mobile communications to enhance digital productivity, there-by empowering and reshaping the value of infrastructure with "digitalization".Rooted in infrastructure, the Company will pursue an "industrialized" layout in ?elds such as smart transportation, green andlow-carbon initiatives, and road and bridge maintenance. It will integrate resources across the entire value chain to provide inno-vative products that meet customer needs and make the world a better place.With an international perspective and global practices, supported by a worldwide service network and solid local foundations,JSTI continuously introduces breakthrough ideas, innovating infrastructure and urban concepts to contribute to building a betterworld.
8788
JSTI GroupSustainability Report 2024
JSTI GroupSustainability Report 2024
8990
Appendix 1: Performance Table
Shareholders' Meeting
Board of Directors
Board of Supervisors
Compensation management for directors, supervisors and senior management
JSTI ESG key performance table
Governance dimension
Total assetsOperating incomeNet pro?t attributable to parent company
Total tax payment
Number of resolutions approvedNumber of Board meetings heldNumber of resolutions approved
Attendance ratePercentage of independent directorsPercentage of female directors
Number of resolutions approved
Attendance rate
Number of compliance trainings
RMB 100 millionRMB10,000RMB10,000RMB10,000//Item/Item%%%/Item
%
RMB10,000
/Person-times
155.09
522,652.8659,348.9136,676.05
33.33
11.11
1,594.1
159.18
527,780.6232,959.4137,983.87
33.33
11.11
1,518.3
160.63
472,884.3422,437.9036,699.83
33.33
11.11
1,490.77
Businessperformance
Corporategovernance
Compliancemanag
IndexUnit202220232024
Investor exchange
Annual cash dividends of the Company
Anti-corruption training provided to management and sta?
Information disclosure
IndexUnit202220232024
Number of risk management trainings
Propose audit recommendations
/Person-times
hpcsPcs
/Person
/
/
/
/
/RMBCNY10,000
%
2,006
200.6
1.40
17,679.59
29.79
10,2282,052
0.20
30,6692,555.75
1.15
14,522.52
44.06
17,402
3,667
0.21
0.95
11,996.86
53.47
42,7017,240
0.17
Riskmanage-
ment
Internalcontrol
Investorrelationsmanage-ment andshareholder
rights
Businesspractices
The 2023 risk management training data includes some training data from the Audit Department, which was not included in the 2022 and 2024 statistics.
Total number ofshareholders' meetings heldNumber of extraordinaryshareholders' meetings held
Number of meetingsof the Board of Supervisors
Total number of participants
in compliance training
Total pre-tax remunerationreceived by directors, supervisors and
senior executives from the Company
Total duration of employeesparticipating in riskmanagement trainingTotal number of participantsin risk management training
Total duration of employeesparticipating in compliance training
h62112260
Audit project completed
by Audit Department
Number of investors receiving
on-site surveysNumber of interactions with investors
on Easy InteractionNumber of investorsreceiving on-site surveysNumber of open investorexchange meetings held
Number of periodicreports disclosed externallyNumber of interimreports disclosed externally
Number of investor calls received
Cash dividend per 10 sharesTotal cash dividend (tax-inclusive)Percentage of net pro?t attributable toshareholders of the listed company inthe consolidated ?nancial statementsNumber of anti-corruptiontraining sessionsNumber of management membersattending anti-corruption trainingTotal duration of anti-corruptiontraining provided to managementAverage duration of anti-corruptiontraining received by managementNumber of employees attendinganti-corruption trainingTotal duration of anti-corruptiontraining provided to employeesAverage duration of anti-corruptiontraining received by employees
/Personhh/personPerson-timeshh/person
JSTI GroupSustainability Report 2024
About environment
Responsible marketing training
9192
Businesspractices
IndexUnit202220232024Person-time
h/
1,188
3,593.39
119.12
3,474.27
/
0.69
0.39
94,260
18.03
3,587.11
227.30
3,359.81
6.28
0.68
0.4
0.79
88,211
16.71
1,800
3,479.00
220.00
3,259.00
108.11
0.74
0.97
0.97
74,200
15.69
Addressing
climatechange
Environmen-tal impactassessment
(EIA) andacceptancePollutionand wasteWaterresourcemanagment
Number of person-times participatedin responsible marketing training
Electricity consumptionNatural gasPetrolFuel oilPV power generationPurchased ElectricityDirect energy consumptionIndirect energy consumptionComprehensive energy consumptionTotal energy consumptionper million of revenue
Number of qualityculture training sessionsTotal duration of quality culture training
Number of participantsin quality culture training
R&D investmentsR&D investment as a proportion
of operating incomeNumber of R&D personnelProportion of R&D personnelJunior college students and below
UndergraduatePostgraduatesPhD candidates
Total number of valid patentsNumber of valid patentsper million of revenue
MaleFemale
Total hours of responsiblemarketing trainingNumber of responsiblemarketing trainingsTotal greenhouse gas emissionsDirect greenhousegas emissions (Scope 1)Indirect greenhousegas emissions (Scope 2)Reduction of GHG emissionsGreenhouse gas emissionsper million of revenueCompleted EIA projectsNew EIA projectsCompleted environmentalacceptance projectsNew environmentalacceptance projects
Water consumptionWater consumptionper million of revenue
Hazardous waste production volumeHazardous waste disposal volume
Ton of carbondioxide equivalentTon of carbondioxide equivalentTon of carbondioxide equivalentTon of carbondioxide equivalentTons of CO
equivalent/CNY
Intellectual property
R&D Team
Number of R&D personnel by gender
Quality culture training
About the society
EnergyManage-ment
R&D andinnovation
Productquality
IndexUnit202220232024
/hPerson-timesRMB10,000%Person%PersonPersonPersonPersonPersonPersonItemItem/CNY
80,5751,35032,663.36
6.25
1,514
18.00
1,164
0.17
10,4921,77030,761.39
5.83
1,468
18.00
1,127
1,116
0.21
144,000
2,40028,961.28
6.12
1,441
18.35
1,106
1,200
0.25
kWhm
TonneTonne
kWhkWh
6,475,908.8
44,023
3.375
383,908.86,092,000
57.61
748.71
806.31
0.15
6,596,155
43,906
2.50
704,8555,891,300
122.29
724.04
846.33
0.16
6,904,113.6
42,589
2.00
354,183.66,549,930
119.00
702.00
821.00
0.17
International patentInvention patentUtility model patentNumber of software copyrights
Design patentNumber of software copyrightsper million of revenueNumber of published papers
ItemItemItemItemItemItem/CNYPaper
0.07
0.08
0.10
ItemItemItemItemTonneTonneTonneTonne/CNY
Tons ofstandard coalTons ofstandard coalTons ofstandard coalTons of standardcoal/CNY
Number of R&D personnel by educational quali?cations
JSTI GroupSustainability Report 2024
Number of new employees by gender
Diversity and equal opportunity
Avoid child or forced labor
Number of employees by education background
9394
Number of incidents of child employmentProportion of minority employees
Number of disabled employees
Under 30 years old (excluding 30 years old)30-40 years old (including 30 years old,
excluding 40 years old)40-50 years old (including 40 years old,
excluding 50 years old)
50 years old and above
Hong Kong, Macao and TaiwanMainland ChinaForeign countriesPhD candidatesPostgraduatesUndergraduateJunior college students and belowNumber of new employees
Female
Male
Female
Male
Number of customer complaintsNumber of customer complaints resolved
Number of customersparticipating in the surveyProportion of customersparticipating in the surveyNumber of valid copies of customer
satisfaction questionnaire issuedCustomer satisfaction/total s
atisfaction scoreNumber of special training person-times
on customer complaint responseTotal duration of special training oncustomer complaint responseNumber of special trainings oncustomer complaint responseNumber of assessments on response to customer complaints
Pass rate of assessments on
response to customer complaintsNumber of incidents ofleaking customer informationLosses caused by violatingrelevant laws and regulationsTotal number of suppliersSupplier with quality management
system certi?cation
Labor contract signing rateLabor dispatch personnel
Supplier with environmental
management system certi?cationSupplier with occupational health and safety
management system certi?cation
Number of part-time employees
Number of employees by gender
Number of employees by age
Under 30 years old (excluding 30 years old)30-40 years old (including 30 years old,
excluding 40 years old)40-50 years old (including 40 years old,
excluding 50 years old)
50 years old and aboveProportion of female managers
Number of employeesenjoying maternity leave
Protection of women's rights
Number of employees by region
Number of new employees by age
Customer services
Customer service training and assessment
Employee recruitment and employment
Customer information and privacy protection
Client Rightsand InterestsProtection
Labor rightsand bene?ts
Labor rightsand bene?tsSupplyChainManage-ment
IndexUnit202220232024
//Person
%/Score/scorePerson-timesh//%/RMB10,000PcsPcsPcsPcs%PersonPerson
1,042
0.7
1,042
90.45/100
1,914
0.6
94.38/100
1,300
1,152
1,131
0.8
1,131
95.04/100
4,839
IndexUnit202220232024
Person%PersonPersonPersonPersonPersonPersonPersonPersonPersonPersonPersonPersonPersonPersonPersonPerson
2.1
2,1756,2373,2023,3141,260
7,557
1,2704,6572,4481,694
1,297
1.8
2,0906,0642,7583,3621,364
7,299
1,2494,5872,2821,110
1.7
2,0545,8012,3353,3821,475
6,990
1,2414,4752,100
Number of incidents of child employmentNumber of forced labor complaintsNumber of labor discrimination incidents
Total number of employees
CaseCaseCasePersonPerson
8,412
8,154
7,855
PersonPersonPersonPerson
%Person
10.4
11.2
10.9
JSTI GroupSustainability Report 2024
9596
Return rate of maternity leaveNumber of employeesenjoying parental leaveReturn rate of parental leaveCoverage of social insuranceWelfare expenditureIncluding: statutory welfare expenditure
Average employee satisfaction
Turnover rate
Number of paid annual
leave days per capita
Employee training investmentNumber of training sessionsTotal number of people trainedTotal person-times receiving trainingEmployee training coverage (employee training ratio)Total training duration
Number of projects reviewed and approved
by the sta? representative conferenceNumber of projects reviewedand approved by the labor union
Ratio of trade union membersto employees in service
Percentage of employees receivingregular performance and career development assessments
Employee Development
Safety production
Safety Training
Occupational health
Bene?ts and compensation
Democratic management of employees
Employee satisfaction
Employee trainingLabor rightsand bene?ts
IndexUnit202220232024
%Person
%
%RMB10,000RMB10,000Day
%ItemItem
%
%
%
20,729.116,364.8
7.25
5.8
7,431219,876
91.12
501,123
8.8
1,328
17.57
23,793.3319,481.83
6.96
4.4
7,350217,787
90.14
500,910
1,216
16.65
27,309.9820,051.35
7.53
13.5
7,189221,989
511,903
9.1
1,088
13.83
Occupation-al health andsafety
Occupation-al health andsafety
Socialwelfare
UnitUnit202220232024
PersonPersonWorking days
/%RMB10,000Sessionsh%Person-times%%RMB10,000%%RMB10,000RMB10,000RMB10,000
16,580
8,290
3,209.2
165.34
73.15
14,660
7,330
3,820.46
151.50
5.30
17,654
9,937
3,932.15
113.28
5.00
RMB10,000
SessionPersonPerson-times%hh/personPerson
%RMB10,000
/
Average training duration
per year per employeeNumber of employees transferred
internally or applied internallyPercentage of employees transferred
internally or applied internallyAmount of safety production investmentNumber of safety production incidents
Number of work-related fatalitiesTotal number of work injuriesDays lost due to work injuryNumber of safety emergency drills
Hazard identi?cationand recti?cation rate
Number of safety training sessionsTotal investment in safety training
Safety training coverage rate
Number of person-timesparticipating in safety trainingTotal safety training hours
Certi?ed employment rateof special operations personnelOccupational health
examination coverage rate
Coverage rate of work-related
injury insurance personnelInvestment amount inwork-related injury insurance
Coverage rate of safetyproduction liability insurance
Total amount of public
welfare investmentAmount of educational assistance
Rural revitalization
JSTI GroupSustainability Report 2024
9798
Appendix 2: Index Table
Corresponding Section
Guidelines No. 17 of the Shenzhen
Stock Exchange for the Self-regulation of Listed Companies -
Sustainability Report (Trial)
Guidelines for ChinaCorporate SustainabilityReport CASS-ESG 6.0
GRI SustainabilityReport StandardAbout This ReportChairman's StatementSustainable Development Highlight
Discovering JSTI
Articles 4 and 6//Article 6Articles 11 and 13Articles 11 and 19Articles 11, 12, 18 and 19
Articles 9 and 53
Article 5///Articles 11 and 18
//Article 55Article 55Article 56Articles 12 and 21Articles 13 to 17, 21 and 22Articles 18, 21 and 23
P1.1/P1.2P2.1/P3.1-P3.3/G1.1.12G1.1.7G1.1.11G1.1.1/G1.1.2/G1.1.4/G1.1.5/G1.1.8/G1.1.10G1.3.1/G1.3.2G1.1.9///G1.1.8//
G2.1.1/G2.1.6/G2.1.7G2.1.2/G2.1.3G2.2.2E1.1.1E1.1.2/E1.1.6E1.1.3/E1.1.6
2-2/2-3//2-12-22/2-9/2-142-293-1/3-2/3-32-272-19/2-202-272-27/207-1/207-22-272-272-27205-22-27/201-2/
EnhancingGovernanceMechanism
to DriveSustainableDevelop-ment
Guarantee-ing Opera-tions withCompliance
StrictlyObservingLegal
Conduct,Creating aBusinessEcosystemAddressing
ClimateChallenges,PromotingLow-CarbonTransition
Optimizing Material Managementto Promote Circular DevelopmentProtecting Ecological Diversity,Building a Beautiful Home Together
Articles 19 and 21
Articles 24 to 27Articles 27 and 28
Article 31Article 33/
/
Article 35/Article 38Articles 12, 44 and 45Articles 12 to 17 and 45Articles 18 and 45Articles 19 and 45Articles 44 and 45Article 45Articles 12, 41 and 42Articles 12 to 17, 41 and 42Articles 18, 41 and 42
E1.1.4E1.1.7-E1.1.9/E1.1.13E1.1.15E2.1.1E2.4.1-E2.4.3E2.1.7E2.1.6/E2.2.6/E3.1.1/E3.2.1/E3.2.3E3.3.2/E3.3.2E3.3E2.3//S3.1.1/S3.1.2/S3.1.3S3.1.4S2.1.2S2.1.1/S2.1.4-S2.
1.7/S2.1.8-S2.1.11
/
//2-27//2-27/306-2/306-3/306-4/306-52-27302-1/302-3/302-4/303-3/303-5302-4/2-27/101-1/101-22-27///414-1414-1///
AddressingClimateChallenges,PromotingLow-CarbonTransitionImprovingSystemManage-ment,ControllingEnvironmen-tal RiskEnhancingResourceE?ciency,PromotingGreenDevelop-ment
Building aResponsibleSupplyChain,Fortifyingthe SupplyBase
InnovationDriving
Forward,
Starting aNew Chapter
305-1/305-2/305-3/
305-4/305-5
Corresponding Section
Guidelines No. 17 of the Shenzhen
Stock Exchange for the Self-regulation of Listed Companies -Sustainability Report (Trial)
Guidelines for ChinaCorporate Sustainability
Report CASS-ESG 6.0
GRI SustainabilityReport Standard
Sustainabledevelopment policySustainable development
vision and goalsSustainable development
governanceStakeholder Communication
Governance by the Board
of Directors, the Boardof Supervisors and the General
Meetings of ShareholdersMaterial issue management
Compensation management
for directors, supervisors
and senior management
Compliance managementRisk managementInternal controlInvestor relations management
and shareholder rightsAnti-business briberyand anti-corruption system
Anti-business briberyand anti-corruption measures
Anti-unfair
competition measuresGovernance of addressing
climate changeStrategy to address
climate changeImpact, risk, and opportunitymanagement of addressing
climate change
Indices and targetsof addressing climate change
Greenhousegas emission managementSupporting industry'slow-carbon transitionImproving environmental
management systemManagement of environmentalimpacts, risks and opportunities
Environmentalmanagement objective
Supply chain impact, risk andopportunity managementSupply chain indices and goalsStrengthening supplychain managementPromoting sustainabledevelopment of supply chainInnovation and R&D governanceInnovation-drivendevelopment strategyRisk and opportunitymanagement in innovation-driven development
Management of waste gas, wastewater, and waste
ResourceManagement
Green o?ce operation
Supply chain governanceSupply chain strategy
Water resources andenergy management
Articles 30 and 31
Articles 35 to 37
JSTI GroupSustainability Report 2024
99100
Articles 41 and 42Articles 41 and 42Articles 41 and 42Articles 41 and 42Articles 41 and 42Articles 12 and 47
Articles 44 and 47Articles 12 and 48Articles 18 and 48Articles 19 and 48
Article 48Article 50Article 50
Article 50Article 50Articles 49 and 50
Article 50
S2.1.2S2.1.3/S2.1.12
S2.1.13
S2.1.3//S3.3.1/S3.3.2///
S3.3.6
S3.4.1
S3.4.1/
S3.4.3S4.1.3/S4.1.4/S4.1.6
//S4.1.1/S4.1.11S4.1.5/S4.1.7
S4.1.12
S4.1.9
/203-1203-1203-1/////416-1/417-1/2-27///2-7/405-22-72-7/401-3/405-2/406-12-72-7/2-19/401-22-72-7/401-1
InnovationDrivingForward,Starting aNew Chapter
StrictlyAdhering tothe QualityLine andFul?lling theResponsibili-ty of Safety
Strengthen-
ing DataDefenses,Safeguard-ing Custom-er Privacy
Protecting
Labor
Rights,PromotingEmployeeDevelop-ment
Future OutlookAppendix 1: Performance TableAppendix 2: Index TableAppendix 3: Feedback
Article 50Article 50
Article 50Article 50
Article 40
/Article 6Article 57Article 9
S4.3.1-S4.3.6S4.2.2S4.2.1S4.2.4/S4.2.6S1.2.1-S1.2.6S1.1.2-S1.1.5/A1A2A3A6
2-7/404-1/404-2/404-32-27/403-12-7/403-22-7/403-3/403-52-7/403-92-7/403-6/403-7203-1203-1203-1////
ValuingHealth and
Safety,Creating aSafeEnvironment
Ful?lling
SocialResponsibili-ties,DeliveringCorporate
Warmth
Corresponding Section
Guidelines No. 17 of the ShenzhenStock Exchange for the Self-regulation of Listed Companies -Sustainability Report (Trial)
Guidelines for ChinaCorporate SustainabilityReport CASS-ESG 6.0
GRI SustainabilityReport Standard
Corresponding Section
Guidelines No. 17 of the ShenzhenStock Exchange for the Self-regulation of Listed Companies -Sustainability Report (Trial)
Guidelines for ChinaCorporate Sustainability
Report CASS-ESG 6.0
GRI SustainabilityReport StandardIndices and goals forinnovation-driven development
Employee trainingand development
Management of occupationalhealth and safety impacts,risks, and opportunitiesOccupational health and safety indices and objectivesSocial welfareRural revitalizationEducational assistanceCorporate Warmth
Safety management measures
Occupational healthand safety governanceOccupational healthand safety strategyR&D platform constructioneFacilitating industrydevelopmentTechnologicalinnovation projectsDigital managementIntellectual Property ProtectionProduct and service safetyand quality system
Client Rights andInterests ProtectionInformation securitymanagement systemInformation securityrisk managementInformation securityindices and goalsData security safeguard measuresOverview of labor rightsDiversity,equality, and inclusionLabor governance
Employee recruitment
and employmentCompensation and bene?tsDemocratic managementof employeesEmployee satisfaction
Risk and opportunitymanagement in product andservice safety and qualityIndices and goals for productand service safety and qualityManagement measures forproduct and service
safety and quality
Articles 19, 41 and 42Article 50
Article 50
Article 40Article 39Articles 18 and 47Articles 19 and 47Article 47
Article 50
JSTI GroupSustainability Report 2024
Thank you for reading the JSTI Sustainability Report 2024. To improve JSTI's e?orts in environmental, social, and corporate gover-nance aspects, further enhance the Company's ability and level of sustainable development, and strengthen communication andexchange with all sectors of society, we sincerely hope that you can take time from your busy schedule to o?er valuable opinionsand suggestions on our work and report, and provide feedback through the following means.
Choice Questions (please tick in the appropriate box)1．Your overall evaluation of JSTI Sustainability Report 2024:
□ Good □ Fair □ To be improved □ Not understood
2. How do you rate JSTI's performance in customer service?
□ Good □ Fair □ To be improved □ Not understood
3. How do you rate JSTI's performance in technological innovation?
□ Good □ Fair □ To be improved □ Not understood
4. How do you rate JSTI's performance in corporate governance?
□ Good □ Fair □ To be improved □ Not understood
5. How do you rate JSTI's e?orts in employee team building?
□ Good □ Fair □ To be improved □ Not understood
6. How do you rate JSTI's performance in social charity?
□ Good □ Fair □ To be improved □ Not understood
7. How do you rate JSTI's performance in sustainable supply chain management?
□ Good □ Fair □ To be improved □ Not understood
8. Do you have any other comments on JSTI's work in sustainable development?
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Appendix 3: Feedback
Contact No.: 025-86576542Fax: 025-86576666E-mail: sjkdmb@jsti.comCompany address: No. 8, Fuchunjiang East Street, Jianye District, Nanjing City, Jiangsu ProvinceYour InformationName: Contact No.:
Unit: E-mail: