Environmental, Social and Governance
ESG Report 2024
Jiangsu Zhongtian Technology Co., Ltd.
Add: No.88 Qixin Road, NETDA, Nantong, Jiangsu, P.R. China, 226009Tel: +86 513 8010 0986Email: sales@zttgroup.comWebsite: http://www.zttgroup.com
Connecting Wonderful Life with Optic-Electric Network
CONTENT
Science and technologyfor sustainability
2024 Science and technologyfor a sustainable future
Chairman's Speech
3.1 Company Background
3.2 Corporate Culture
3.3 Company Honors in 2024
3.4 Sustainable Development
Recognition
From Commitment To Action:
Sustainable Governance
4.1 ESG Governance Blueprint
Sustainable EconomicPerformance
4.3 Connecting with Stakeholders
4.4 Material Issue Insights
Green leap: environmentand climate action
5.1 Zero-carbon Future
5.2 Green Smart Manufacturing
5.3 Total Product Life Cycle
Management
Appendices
Long-term Trust:HonestGovernance and Business Ethics
7.1 Sound Governance
7.2 Integrity in business
Putting people ?rst:
social responsibility and inclusive
6.1 Employee Well-being
6.2 Sustainable Supply Chains
6.3 Co-creating Social Value
Product Quality and Customer Value
8.1 Assurance Statement
8.2 Reporting Statement
8.3 Index Table
8.3.1 United Nations Sustainable Development
8.3.2 Content Index of GRI Sustainability Reporting
8.3.3 Content Index of SASB Standards (SASB)
8.4 Reader Feedback
4.2
6.4
Content Index of Guidelines No. 14 of Shanghai Stock Exchange for Self-Regulation of Listed Companies—Sustainability Report (Trial)
8.3.4
Data Security and Privacy Protection
7.3
Goals (SDGs)Standards (GRI Standards)
The year of 2024 is full of challenges. All the sta? of ZTT are con?dent and active, and have taken a solid step forward in developingnew quality productivity. We would like to express our special thanks to our global customers, partners and the community for theircontinuous trust and support.At a time when the global economy and environment are undergoing profound changes, the role of enterprises has gone far beyondthe creation of economic value. As an enterprise with a deep sense of responsibility, ZTT has always embedded the concept ofEnvironmental, Social and Governance (ESG) in our corporate strategy and daily operations, and we are not only an economic entity,but also a builder and promoter of social progress.Guard the ecological environment with green manufacturingWe actively promote the concept of green development, commit to energy saving and emission reduction, and contribute to the ?ghtagainst global climate change. 2024, we continue to promote the Green Low Carbon Manufacturing (GLCM) action plan and join theScience-Based Carbon Targeting Initiative (SBTi); we have added 5 new national green factories, bringing the total to 13. We strive tominimize our environmental impact by adopting advanced environmental technologies and renewable energy sources, whileencouraging our employees and partners to participate in environmental initiatives.Empowering shared growth with social responsibilityWe have always been people-oriented, emphasizing employee well-being, providing good employment opportunities for peoplewith disabilities, protecting the rights and interests of female employees e?ectively, encouraging innovation and professionalgrowth, and promoting diversi?ed and inclusive development. At the same time, we actively participate in community building,support social welfare, and take on more social responsibilities through various charitable activities and volunteer services.Serving Global Customers with Excellence in GovernanceAdhering to the core concepts of operating in good faith, abiding by business ethics, and complying with laws and regulations has alwaysbeen upheld by ZTT. We adhere to the principle of transparency, compliance and e?ciency, continue to optimize our corporate governancestructure, strengthen risk management, win the trust of shareholders and investors by establishing a sound internal control system anddecision-making mechanism, and work for the well-being of society, customers and employees to create value.We will continue to deepen our ESG practices and ensure that the concept of sustainable development permeates every aspect ofour corporate development, serving the global construction of new energy and digitalization with photovoltaic champion productsand creating a better life for mankind. We look forward to working hand in hand with all parties to promote social progress, guard abetter home and build a greener, more harmonious future.
. Chairman's Speech
Xue Jiping
Jiangsu Zhongtian Technology Co., Ltd.Chairman
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
Penetration testing and vulnerabilityscanning covering
systems
87.08points
Information system levelprotection (level 3) assessment of
Organization oftraining sessions oninformation security
11.11%
of the directors are female
regularinternal audit
Convening ofboard meetings
100%
The participation rate inemployee performanceappraisals has reached
100%
recti?cation of safety hazards
The company has organized
emergency drillsand exercises
70disabled workers
Employment of more than
100%The employee collective contractsigning rate has reached
278 times
1.25million USD
Comford has assisted disabledand poor employees’ familiesat a total cost of about
Environmentalcerti?cation rate of ISO 14001 environmentalmanagement system certi?cation for all o?ciallyoperational manufacturing companies of ZTT100%100%The compliance rate of ‘three wastes’discharge and hazardous wastestreams disposal has reached
Added more than
national green factories,bringing the total to
10000tonsReduction of carbondioxide emissionsby about19000
10000kWh ofrenewableelectricity usedOverSocial
Governance
Supply Chains
While advancing business expansion and technological innovation, ZTT consistently integrates ESG principlesthroughout all aspects of its corporate operations, actively ful?lls its social responsibilities, and promotessustainable development. The following is a detailed overview of this year's ESG performance.
100%coverage of supplier ESGdimension assessment
Number of suppliers signingup to the Green Low CarbonInitiative exceeds
Overvendors participated inanti-corruption training100%
signing rate of the commitmentnot to use con?ict minerals
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
2024 Science and technologyfor a sustainable future
In 2024, Jiangsu Zhongtian Technology Co., Ltd (ZTT) continued our march toward sustainable development. We will continue totarget our dual carbon strategic goal, using science and technology innovation as our engine and green and low-carbon develop-ment as our path.
As a pioneer of green transformation in the industry, the company took the lead in releasing the "Green and Low Carbon Manufac-turing Action Plan (GLCM)" in 2022. We established the 'Four Ten Thousand Indicators' with medium - and long - term goals andwe systematically planned the construction of green factories and low-carbon products. In 2024, ZTT actively promoted thelow-carbon transformation, using more than 190,000,000 kWh of renewable electricity and reducing carbon dioxide emissions byabout 130,000 tons. This was achieved through self-built photovoltaic generation, as well as participation in green power andgreen certi?cate trading.In terms of digitalization drive, The Company's independent "Energy and Carbon Cloud Platform" comprehensively empowersthe upgrade of green management system. Based on the concept of "lightweight, standardized and sustainable", the platformcreates data connections between the company, its subsidiaries and third - party veri?cation agencies, integrates energy monitor-ing, carbon footprint accounting, carbon report certi?cation and other functions, enables enterprises accurately identify energye?ciency bottlenecks, and drives green carbon reduction from perception to closed-loop management.The source of scienti?c and technological innovation lies in talents, and the vitality lies in the system; in 2011, ZTT pioneered theestablishment of the "Intellectual Property Bank" platform, forming a knowledge incentive system covering eight dimensions,such as "scienti?c and technological projects, the three proposals, and the construction of standards", etc. By 2024, the platformhas attracted the participation of more than 11,000 people, and deposited hundreds of thousands of intellectual assets. And theculture of innovation is integrated into every employee's daily work, becoming an irreplaceable soft power base for The Compa-ny's sustainable development.In the strategic layout of globalization, ZTT has actively benchmarked aligned itself with international high - standard rules, andtaken the lead in joining the Science-Based Carbon Target Initiative (SBTi) to set up emission reduction paths in a scienti?c way,which demonstrates the company's strong commitment to ful?lling the 'Climate Commitment'”. At the same time, The companyhas completed the carbon footprint certi?cation of a number of exported products, building up its green capacity for the EUCarbon Border Adjustment Mechanism (CBAM) requirements, and continuously enhancing its con?dence and backing inexpanding overseas markets.Looking into the future, ZTT will unswervingly take the road of green, low-carbon and sustainable development, and pushforward the grand blueprint of reaching the carbon peak by 2030 and realizing carbon neutrality by 2055. We ?rmly believe thatunder the "double-wheel drive" of science and technology and green, ZTT is not only a leader in green manufacturing, but also acreator of sustainable future.
①The mid- and long-term goals of the 14th Five-Year Plan proposed by ZTT are: compared with the baseline data in 2020, the proportion of green energy consump-
tion will reach about 80% in 2025, and the comprehensive energy consumption of 1404.2 USD of output value will be reduced by Reduce carbon dioxide emissionsby about 30% and 35% for 1404.2 USD of output value. Create 10 "carbon neutral" demonstration factories and 5 zero-carbon demonstration factories.
.
Science and technologyfor sustainability
3.1 Company Background
3.2 Corporate Culture
3.3 Company Honors in 2024
3.4 Sustainable Development Recognition
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
. Science and technology for sustainability
3.1 Company Background
Company Pro?le
ZTT started from ?ber optic communication in 1992, entered into smart grid in 2002, began layout in new energy in 2011, and exported its products to 160 countries and regions by 2020, realizing fullcoverage of the "Belt and Road" business. Embracing the emerging clean and low-carbon economic order, ZTT is striving to become a key player on the long track toward China’s carbon peakingand neutrality goals, committed to being a responsible green manufacturing technology enterprise that contributes to regional economic development.It has now established a well - rooted special-ized model in communication, electric power, ocean, new energy, digital economy, etc. It ranks among China's Top 500 companies, a national key high-tech enterprise, and a winner of the NationalQuality Award and the China Industry Award.
ZTT began its journey with optical
fiber communications
·Listed on the Shanghai Stock Exchange·Entered the smart grid sector
·Expanded into new energy, advancing towards green development·Pioneered “Spiritual Home Engineer” work model and “Intellectual Property Bank” in China
·First overseas production base established in India·Awarded “Gold Listed Company”·Established the ZTT Charity Foundation
·Won the 6th “China Industrial Award”·Released the “2025 Digitalization Plan”
·Industry’s first to launch “Green & Low Carbon Manufacturing (GLCM) Action Plan”·ZTT Brand Day hosted a carbon tax countdown ceremony·Held Green Supply Chain Launch Conference and released the “Green Low CarbonSupply Chain Initiative”·Initiated the “ZTT Zhang Sai Cup” Entrepreneur Selection·Established the “Employee Health Management Committee”·Received its first CDP rating (Grade B)
Won the National Quality Awardand Second Prize of the NationalTechnological Invention Award
1992
·Participated in the 28th United Nations Climate Change Conference (COP28)·Received EcoVadis certification for the first time·Built zero-carbon factory and obtained T?V S?D certification·Included in the Hang Seng Sustainable Enterprises Index Series
·Won First Prize of National Science and TechnologyProgress Award·Joined the Science Based Targets initiative (SBTi)·First independent assurance of the ESG Report
2002
First in the industry to release a CSR report
200420112012201920182020202220232024
·ZTT Brand Day made its debut at the UN Headquarters·Launched the selection of Top Ten “ZTT Strivers”
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
Industry Position
In the ?eld of communications, as a leading global ICT infrastructure and service provider, ZTT values establishing long-term and stable coopera-tive relationships with operators and is committed to promoting the intelligent connection of all things. The company has been listed in Brand Finance'slist of the world's top 10 most valuable and competitive telecom infrastructure brands for seven consecutive years, and has been ranked among theworld's Top 10 suppliers in the ?ber optic cable business, serving more than 100 telecom carriers around the world.In the ?eld of energy, the electric power section takes serving the power grid as its own mission, forming a complete industrial chain of powertransmission and distribution, and its products are widely used in the key projects of large-scale enterprises such as the State Grid and the SouthernPower Grid. During the reporting period, the company's market share in high - and ultra - high - voltage areas steadily grew. New energy cables, high -voltage cables, and special conductors achieved international certi?cation breakthroughs. Transformers and electrical products are also expandingoverseas.The marine section is the earliest to start the R&D and manufacturing of submarine ?ber optic cables in China, and has started the development journeyof China's submarine cable manufacturing from scratch, from existence to excellence, and from excellence to specialization, and created more than 40domestic and industry ?rsts, and 2 world ?rsts, and has provided systematic solutions for the deep-sea wind power, marine oil and gas, o?shorephotovoltaic, deep-sea exploration, and island interconnection. With the support of micro-grid technology and the highlights of large-scale energystorage system, the new energy segment provides customers with comprehensive green energy solutions. During the reporting period, ZhongtianEnergy Storage Technology Co., Ltd. successfully delivered CNNC Jiayuguan GWh-class energy storage power plant project, which boosted the in?uenceand popularity of the industry.ZTT has contributed to 141 international, national, industrial, group and other external standards that it has led and participated in, and 98 importantinternational and domestic standards such as IEC 60966-4:2024 and IEC 60966-4, and T/CSEE 0240-2021 "Wedge Shaped Tension Resistant Clamps" ledby ZTT has been selected as one of "Typical Cases of Group Standards Application and Promotion" by the Ministry of Industry and Information Technolo-gy. "Typical Cases of Group Standard Application and Promotion List" by the Ministry of Industry and Information Technology. Zhongtian Electric PowerCable Co., Ltd.'s "A Preparation Method of Cladding Alloy Wire" was awarded the China Patent Award for Excellence.
3.2 Corporate Culture
Vision
Creating Value for Customers
Employees and the Society
Values
Focus on qualitycustomer satisfactioncontinuous improvement
Mission
Connecting Wonderful Life withOptic-Electric Network
2. Communications network operations
In line with the development requirements of computing and green low-carbon communication, the company focuses on core technology R&Dand innovation, and continues to develop ?ve core technical capabilities to support global 5G and 5G-A networks, Smart Computing Centers,computing networks, 'signal upgrading,' and other related infrastructures. We have built green computing power service system solution aroundliquid cooling, high-speed optical modules, high-e?ciency energy modules, and green energy saving technologies; green base station conver-gence technology capabilities based on green antenna, integrated energy cabinet technology, and DC stacked light technology; broad roomdivision capabilities leveraging high-speed rail 5G leakage cable frequency spreading technology, high-speed copper cable technology for comput-ing - power network, room division frequency-shifting MIMO, and special - scenario antenna technology; and special prefabricated technologybased on special prefabricated technology to build green solution capabilities; Based on special prefabricated rods, optical ?bers, optical cables,and digitally intelligent pre-connected ODN technology, the company aims to enhance the capability of global optical network intelligence.Additionally, and focusing on quartz tubing, cable materials, and high-purity silicon tetrachloride, the company is also building up the capability ofadvanced basic materials technology, and continues to create greater value for customers, employees and society.
1.Energy network business
Guided by China’s national targets of peaking carbon emissions by 2030 and achieving carbon neutrality by 2060, ZTT is proactively optimizing itsindustrial structure and layout. The Company continues to expand its portfolio of solar, wind, energy storage, and hydrogen products to meet diversecustomer needs.. Adhering to the strategic direction of "systematization of core products and internationalization of engineering services", The marineindustry's business encompasses the installation of wind power foundations, the main body of wind turbines, the supply of ultra-high-voltage AC and DCcables and special cables, as well as o?shore wind farms, as well as the whole - life - cycle operation and maintenance services for o?shore wind farms;the new energy industry is ?rmly grasping the windsock of the national and local policies, and taking resources as a handhold, consolidating the highquality of the industry through the construction of green energy. Through the green energy construction to consolidate the foundation of high-qualitydevelopment of the industry, to provide customized "new energy+ " solutions, to achieve integrated development in photovoltaics, energy storage,hydrogen energy and their combination; electric power industry around the " integration of transmission and distribution of continuous innovation"development strategy, has formed a transmission and distribution of integrated complete industry chain, and actively serves the construction of China'snew power system. The power industry is centred on the development strategy of "continuous innovation of transmission and distribution integration",and has now formed a complete industry chain of transmission and distribution, actively serving the construction of China's new electric power systemand the development of overseas energy and grid industries. By continuously reinforcing its leading position in the energy network sector, the companyaims to transform from a “product supplier” to a “system integration service provider”.
Core business
invention patents
Filed over
domestic and PCTpatent applications
Obtained authorization for overLed or participated in over
external standards
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
ZTT 's Global IndustrialDeployment
ZTT Global Strategic Layout
ZTT prioritizes an outward - oriented growth approach and builds a sales and service system that reaching all over the world. By e?ciently integratingand ?exibly deploying various resources, The company is able to rapidly respond to customers' needs and realize the closed loop of "localized service+rapid response". At present, ZTT has set up 14 overseas marketing centers and more than 40 overseas o?ces, and operates 5 overseas factories in India,Brazil, Indonesia, Morocco and Turkey. As its global strategy deepens, the company has entered the 2.0 era of overseas investment layout, acceleratingglobalization and boosting global competitiveness.
Selected for Hang Seng CorporateSustainability Index Series 2024-2025
Recognized as Bloomberg Tier 1Global Energy Storage Manufacturer
Ecovadis Corporate Social ResponsibilityAssessment - Bronze Medal
3.4 Sustainable Development Recognition
3.3 Company Honors in 2024
ZTT Aluminum Wire SBTi CarbonReduction Commitment
Winner of the Ernst & YoungSustainability Best of the Year Award
for Outstanding Cases
FSC Chain of Custody Certi?cationZTT Indonesia CSR Award
ZTT Submarine Cable SBTi CarbonReduction Commitment
CDP Climate Change Questionnaire - Level B
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
Asia-Pacific Optical CommunicationsCommittee, Network Telecommunica-tions Information Institute
Over nine consecutive years, we havebeen awarded the "Top 10 MostCompetitive Enterprises in GlobalOptical Fiber and Cable Industry"
Asia-Paci?c Optical CommunicationsCommittee, Network Telecommunica-tions Information Institute
Awarded "Top 10 Most Comprehensive-ly Competitive Enterprises in China'sOptical Communication" over nineconsecutive years
China Wire and Cable Network, Cable
Information Research InstituteFor eleven consecutive years, Thecompany has been awarded "Top 10Most Competitive Enterprises inChina's Wire and Cable Industry"
Asia-Pacific Optical CommunicationsCommittee, Network Telecommunica-tions Information Institute
Won the "China Optical Communica-tion Best Technical Innovation Award"over two consecutive years
For seven consecutive years, we havebeen ranked among the world’s top 10communication infrastructure serviceproviders by Brand Finance, a leadingUK-based brand valuation consultancyTop 10 Telecom Infrastructure Brands
China Society for Enterprise Reform and
Development, China Association of
Cooperative Trade Enterprises
China Enterprise Credit 500
Yangtze River Delta Entrepreneurs
Alliance
Private Enterprise Development inthe Yangtze River Delta Region A
typical example of green andlow-carbon development of newquality productivity
State Council ofthe People's Republic of ChinaFirst-class prize of the NationalScience and Technology Progress
Award
Ministry of Industry and Information
Technology ofthe People's Republic of ChinaNational Manufacturing SingleChampion (Lithium)(Battery energy storage systems)
China Mobile Supply Chain Manage-
ment CenterOver six consecutive years, has beenawarded the "Excellent Supplier ofChina Mobile's Tier-1 CollectivePurchasing (Grade A)"
China Mobile Supply Chain Manage-
ment CenterChina Mobile Partners Gold Award for
Contribution to Rural Revitalization
China Securities JournalESG Golden Bull Award "Top 20
Carbon Neutral Companies"
From Commitment To Action:
Sustainable Governance
From Commitment To Action:
Sustainable Governance
4.1 ESG Governance Blueprint
4.2 Sustainable Economic Performance
4.3 Connecting with Stakeholders
4.4 Material Issue Insights
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
From Commitment To Action:
Sustainable GovernanceWith sustainable development as its strategic orientation, ZTT deepens the construction of its ESG management system, continuouslyimproves the level of its corporate governance, and realizes the organic unity of economic growth and social as well as environmentalresponsibility. The company has constructed an all-round, multi-level ESG management system to ensure that the concept of sustainabledevelopment runs through all aspects of corporate operations. Through a sound governance structure, e?cient issue management andextensive stakeholder interaction, The company continuously improves its ESG governance level, laying a solid foundation for long-termstable development and improvement of its ESG governance.
4.1 ESG Governance Blueprint
ZTT upholds the concept of sustainable development and integrates environmental, social and governance (ESG) topics into corporatestrategy and operations. The Company continuously optimizes its ESG governance system by establishing the Strategy and ESG Commit-tee, aiming to strengthen the board of directors' ability to oversee and make sustainability-related decisions, while ensuring that ESGissues are e?ectively implemented by The Company's management and business segments.
4.2 Sustainable Economic Performance
ZTT always insists on the synergistic promotion of economic growth and sustainable development, and is committed to building ane?cient, green and sustainable business model. The company actively ful?lls its social responsibilities while operating steadily, drivesindustrial upgrading with innovation, and contributes to the harmonious coexistence of the economy and the environment by optimizingresource allocation and promoting low-carbon transformation.The company continues to increase its investment in science and technology research and development, environmental protection,employee welfare and social welfare to promote the sustainable development of the industry chain. from 2022 to 2024, the companymaintained a steady improvement in revenue growth, operating cost control, investments in R&D, environmental protection, as well aspublic welfare donations. By strengthening risk management, optimizing the supply chain cooperation model and actively participating insocial welfare, the company will continue to enhance its corporate resilience and create long-term value for its stakeholders.Decision-making Level
It composed by the company's board of directors. The board is, responsible forESG strategy development, oversight, and consideration of major sustainabilitymatters. The board of directors ensure that ESG issues are integrated into thecompany's long-term development plan, receives regular reports from manage-ment and provide strategic guidance to ensure that ESG policies are in line withthe company's development needs and external regulatory requirements.Organizational LevelLed by the Strategy and ESG Committee, it is responsible for coordinating ESG-re-lated matters and ensuring the e?ective implementation of sustainable develop-ment goals. The committee formulates annual ESG action plans, coordinates thecollection of ESG performance data, organizes internal trainings, and maintainscommunication with investors and stakeholders to enhance the transparency ofESG information.Implementation LevelIt consists of all functional departments and business segments of The Compa-ny, responsible for the management of speci?c ESG issues and promoting socialresponsibility related work. The main responsibilities of the implementationlevel include executing top-level decisions, promoting green production as wellas energy-saving and emission reduction projects, optimizing ESG manage-ment of the supply chain, and establishing a sound data collection andperformance evaluation mechanism. Each department undertakes di?erentESG tasks according to its own functional scope and submits work progressreports to the organization level on a regular basis to ensure the e?ectiveimplementation of ESG measures.
Board of Directors
Strategic
andESG Committee
Various functional
andbusiness departments
Implementeddecisions fromhigher-level authoritiesOptimized supply chain
ESG management
Established and re?ned
data collection
andperformance evaluation
mechanismsAdvanced green productionand energy-saving emission
reduction projects
Incomes4,027,072.683,628,318.75
220,873.4865,105.424，723.33
531.92
4,506,523.684,175,738.20264,688.1368,178.109,438.07
1,251.99
4,805,468.834,527,265.39286,238.07111,553.937，633.95
1，140.84
RMB 10,000RMB 10,000RMB 10,000RMB 10,000RMB 10,000RMB 10,000RMB 10,000
Operating costEmployeeWages and Bene?tsPayments toCapital ProvidersEnvironmentalProtection ExpensesR&D ExpensesPublic WelfareDonations
Indicators202220232024Unit
163,966.52189,752.92194,353.16
Sustainable Economic Performance
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
.
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
4.3 Connecting with Stakeholders
Stakeholder identi?cation and engagement are critical to ZTT 's ESG management. By communicating and collaborating with stakehold-ers, the company can keep abreast of their concerns and demands, provide key inputs for corporate decision-making, while continuouslyenhancing sustainability performance.During the reporting period, ZTT established a systematic stakeholder identi?cation and communication mechanism based on the GlobalReporting Initiative (GRI) Standards. Through stakeholder analysis, the company comprehensively considered their in?uence on itsoperations as well as their concerns on sustainability issues, to ensure that stakeholder demands are e?ectively incorporated into the ESGmanagement system.ZTT's major stakeholders include shareholders and investors, customers, employees, suppliers, government and regulatory agencies,public society, neighboring communities (including residents), research institutions, industry associations and peer companies. Thecompany maintains close interaction with its stakeholders through various channels including emails, phone calls, questionnaires,webinars, and industry conferences, so as to identify stakeholders' concerns regarding the company's sustainable development and toprovide a scienti?c basis for forming sustainable development strategies.
4.4 Material Issue Insights
ZTT carried out the identi?cation and assessment of sustainability issues based on the dual dimensions of ?nancial materialityand impact materiality, in accordance with the requirements of the "Guidelines No. 14 of Shanghai Stock Exchange for Self-Reg-ulation of Listed Companies—Sustainability Report (Trial)". Taking into account the characteristics of the industry, the businessmodel, the policy environment and the stakeholder demands, the company analyzed the issues that may have a signi?cantimpact on the its business model, ?nancial condition, business operations and market competitiveness in the short, mediumand long term, and evaluated the potential impacts of the company's performance on these issues on the economy, society andthe environment.
On the basis of the existing stakeholder communication mechanism, ZTT will continue to expand the channels of dialog andimprove the quality of communication to ensure that the company's ESG management meets the demands of di?erent partiesand helps the company to move forward on the path of sustainable development.
ZTT Group Stakeholders’ Issues of Concern and Communication Mechanisms
Policy and Regulation Analysis
Focus on national andindustry policy direc-tions and assess theimpact of the regulato-ry environment on thecompany's business.
Industry Benchmarking
Make reference to issuemanagement practicesof leading peers withinthe same industry, toensure that issueidenti?cation isindustry aligned.
Stakeholder EngagementInternal Risk AssessmentCommunicate withstakeholders such asinvestors, customers,suppliers, employees,etc. to collect feedbackon material issues.
Identify ESG-relatedrisks and opportunitiesbased on the compa-ny's risk managementsystem.
1. Methodology for Issue Identi?cation and Analysis
The company uses the following methodology for materiality analysis
Surrounding Community(including residents)Research Institutions
Ecological ImpactsCommunity RelationsTechnological InnovationProduct Design and Lifecycle
Management
Community meetingsCollaborative projectsVoluntary activitiesIndustry-University-Research
collaborationJoint studyIndustry forumsProduct Quality and SafetyTechnological InnovationBusiness Ethics
Industry summitsAlliance cooperationMeetingsIndustry Associationsand Peer Companies
Shareholders and investors
Customers
Corporate GovernanceInternal Control
Product Quality and SafetyData Security and Privacy ProtectionService Quality ManagementEmployee Development and TrainingEmployee Rights and Bene?tsOccupational Health and SafetyDiversity, Equality and InclusionCon?ict Mineral SourcingSupply Chain ManagementBusiness Ethicsinternal ControlEnvironmental Compliance Management
Ecological Impacts
Internal communication meetings
Employee surveyTraining programsSupplier auditsCollaborative meetingsContract termsPolicy dialogueRegulation trainingCompliance reportsCorporate websiteSustainability reportsPublic events
General shareholders' meetingInvestor hotlineRegular reportsCustomer satisfaction surveyCustomer visitIndustry exhibitionsEmployees
Suppliers
Government and Regulators
Public Society
Community RelationsCharity and Public WelfareBusiness Ethics
Issues of Concern
Communication andFeedback MechanismsStakeholders
Connecting with Stakeholders
2. Materiality Matrix
Based on the above analysis, the company identi?ed and assessed the issues that have a signi?cant impact on business opera-tions and sustainability management and ranked them in order of ?nancial signi?cance and impact signi?cance to form amateriality matrix.
3. Material Issue Updates
During the reporting year, ZTT Group reassessed and updated the list of material issues based on the latest industry trends,regulatory guidance, and stakeholder concerns. Compared with last year, the updated material issues present the followingcharacteristics:
First, the issues with high materiality are more focused on governance capabilities, technological innovation, customer respon-sibility and corporate culture, resulting in the issues of “Corporate Governance”, “Technological Innovation”, “Product Qualityand Safety”, “Service Quality Management", "Data Security and Privacy Protection", "Business Ethics", "Internal Control" and"Diversity, Equality and Inclusion". The issue of "Diversity, Equality and Inclusion" has signi?cantly increased in materiality,re?ecting the company's strategic focus on risk prevention and control, compliance and sustainable value creation.Second, some issues such as “Energy Management”, “Occupational Health and Safety”, and “Employee Development andTraining” were adjusted to medium materiality during the reporting year. This is due to the gradual improvement of its manage-ment system, leading to relatively controllable level of risks.In addition, the company has also added issues such as “Product Design and Life Cycle Management”, “Ecological Impacts” and“Con?ict Mineral Sourcing”, re?ecting the further re?nement and extension of the company's management dimensions in the?eld of environmental and social responsibility. This re?ects that the company has further re?ned and extended its manage-ment dimensions in the ?eld of environmental and social responsibility.Going forward, the company will regularly assess changes in material issues and dynamically adjust its management strategy toensure the e?ectiveness and forward-looking nature of the ESG management system.
MaterialNot material
Impact on Finance
materialNot material
ZTT Group's Materiality Matrix
1 Corporate Governance5 Technological Innovation7 Product Quality and Safety20 Diversity, Equality and Inclusion6 Service Quality Management3 Internal Control2 Business Ethics4 Data Security and Privacy Protection8 Product Design and Lifecycle Management10 Tackling Climate Change17 Employee Rights and Bene?ts
9 Energy Management11 Environmental Compliance Management15 Supply Chain Management18 Employee Development and Training12 Waste Management13 Water Resources Management19 Occupational Health and Safety
14 Ecological Impacts16 Con?ict Mineral Sourcing21 Community Relations22 Charity and Public Welfare
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
High materialityMedium materialityLow materiality
Green leap:
environment and climate action
5.1 Zero-carbon Future
5.2 Green Smart Manufacturing
5.3 Total Product Life Cycle Management
jiangsu Zhongtian Technology Group Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
Green leap:
environment and climate action
Climate Strategy
The Company released the "Green and Low Carbon Manufacturing" action plan, taking the "Four Ten Thousand Indicators " as the coreframework for medium- and long-term carbon performance improvement, combining with the "Ten Energy-Saving Technology"initiatives, and clarifying the low-carbon development path mainly focusing on process upgrading, energy structure optimization andvalue chain synergistic carbon reduction. Combined with the "Ten Energy-Saving Technologies", The Company has de?ned a low-carbondevelopment path based on process upgrading, energy structure optimization and value chain synergy to reduce carbon emissions.In order to comprehensively identify risks and opportunities arising from climate change, The Company has conducted a systematicanalysis from both operational and value chain perspectives based on the Risk and Opportunity Management Procedures and the recordsof each speci?c identi?cation. The types of risks include physical risks, policy compliance, market preferences, technological updates andreputational impacts, etc., and the scope of analysis covers both short-term and long-term time scales.The Company has formed a climate response strategy covering all scenarios: at the operational level, focusing on energy metering accura-cy, equipment energy e?ciency improvement and carbon inventory system construction; at the value chain level, responding to thetransformation pressure from suppliers, customers and international policies through green procurement, green certi?cation and custom-er carbon disclosure synergy. At the same time, The Company actively responds to international trends, participates in CBAM compliancepilots, and promotes SBTi pathway planning, in order to enhance its overall climate governance capability and green competitiveness inoverseas markets.
ZTT Energy/Carbon Governance Architecture
Research Framework for Green and Low Carbon Manufacturing Technologies
Carbon Veri?cationCarbon ReductionCarbon Neutrality
Eight Dual-Carbon ResearchWorking Groups
BusinessPathways
BusinessPathways
Group Special Task ForcesIndustrial Group Special Task Force
Power Industry GroupCommunication Industry GroupMarine Industry GroupNew Energy Industry Group
CarbonTrading
Green PointTradingDual-CarbonInformatization
EU Carbon TaxZero-CarbonFactoryProduct CarbonFootprint
A?orestation
Award andQuali?cationApplication
Ten Energy-SavingTechnology Research GroupsHeating FurnaceEnergy Saving
Auxiliary FacilitiesEnergy SavingEnvironmental ProtectionFacilities Energy Saving
Distribution SystemEnergy SavingEnergy-Saving MotorsElectrical ControlEnergy Saving
Water ConservationResearch Group
......
Situation-speci?c descriptionsResponse strategyTypology
Physical
riskTransfor-mationalopportuni-ties (policy)
Transforma-
tionalopportunities(technology)Transition
risk(reputational)
Extreme heat, ?ooding, and other
events can lead to productiondisruptions and equipment damageAdministrative carbonconstraints such as electricity
restrictions interfere with
emissions and delivery
Peak and valley power consump-
tion arrangements, policy earlywarning mechanism, enhancingcommunication with customersPromoting energy-saving technologi-
cal transformation, introducinghigh-e?ciency equipment andstrengthening green process design
Optimizing equipment layout, develop-
ing contingency plans for extremeweather, instaling of temperaturecontrol and disaster recovery systemslong term
long term
short-term
exposuresexposuresTransition
risk(technical)
short-termshort-term
exposures
short-termexposures
favorablecircumstance
favorablecircumstance
Existing equipment and processtechnology is backward, high energy
consumption per unit of product,di?cult to meet customer requirementsEnergy-e?cient equipment, digitalsystems enhance operationale?ciency and carbon managementLack of systematic carbon inventory
and carbon management system,which a?ects the customer's recogni-tion of the enterprise's green capability
Increased ESG compliance will help
companies gain a head start in thegreen brand and green supplier awards
Participating in industry greeninitiatives, disclose carbon perfor-mance, and appling for green factory
and product certi?cation
Establishing carbon footprintmanagement process, regularinventory and information disclosure
to enhance customer trust
Promoting intelligent operation and
maintenancing systems andbuilding data-driven green factories
Transforma-
tionalopportunities(reputation)
Table of Analysis of Climate Change Risks and Opportunities
at the Operational Level for ZTT
5.1 Zero-carbon Future
In order to actively respond to the challenges of global climate change, ZTT has always regarded low-carbon transformation as one of thecore strategies for sustainable development, and has fully implemented China's national goals for carbon peaking and carbon neutrality.Adhering to the governance-led, strategy-oriented, risk management-guaranteed, and indicator-targeted approach, The company hasbeen benchmarking against the requirements of IFRS S2 "Climate-Related Disclosure", systematically identifying climate-related risks andopportunities, and continuously improving our climate adaptation capability and resilience. At the same time, The company has beenpromoting the optimization of energy structure, upgrading of manufacturing processes, and carbon reduction in the value chain througha comprehensive energy and carbon management system, the "Green and Low-Carbon Manufacturing" action plan, the "Four TenThousand Indicators " performance system, and digital tools, so as to build a future-oriented green competitiveness.Climate GovernanceThe Company's management attaches great importance to the issue of climate change and has incorporated it into the core of ourcorporate governance. To this end, The Company has established a comprehensive energy and carbon management structure, includinga "three-tier task force" organizational structure and a "three-tier technology" research structure. At the group level, a task force is set up tocoordinate climate a?airs, with the chief engineer as the highest person in charge of climate governance. At the industrial group level, aworking group is set up to coordinate and promote the project, and at the factory level, a task force is set up to implement various low-car-bon initiatives. At the same time, The Company has set up "eight dual-carbon research working groups" and "ten energy-saving technolo-gy research groups" to promote carbon inventory, emission reduction and neutralization through the "7-Green" measures. Through the"7-Green" measures, The Company will promote carbon inventory, emission reduction and neutralization to ensure the completion of the"Four Ten Thousand Yuan Indicators" .
Timedimension
Risks/opportunities
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
.
Table Analyzing Climate Change Risks and Opportunities at the Value Chain Level in ZTT
5.2 Green Smart Manufacturing
ZTT takes green and low-carbon development as our strategic focus, and builds up an environmental management system based on systemconstruction and supported by technological innovation around the national carbon peaking and carbon neutrality target, and comprehensivelypromotes the construction of green intellectual manufacturing system.Environmental Management Compliance
The Company has an EHS Management Committee, with the Chairman of the Board of Directors as the top management, which serves asthe highest decision-making body for environmental management and comprehensively coordinates The Company's environmental andoccupational health and safety a?airs. The Committee takes the lead in formulating annual environmental objectives and action plans,organizing all business segments to identify and respond to environmental risks, and promoting the integration of system construction,resource allocation and performance evaluation. Under the committee is a permanent o?ce operated by the safety and environmentalprotection department.It is responsible for cross-departmental coordination, daily management, and supervision of implementation toensure that the environmental policy is implemented throughout the chain from strategy deployment to frontline practice.
Risk ManagementThe Company has incorporated climate-related risk management into the overall enterprise risk control system and established a monitoring,assessment and response mechanism covering the whole process. Risk management includes annual identi?cation of energy and environmen-tal factors, joint review by various departments, special assessment of key climate issues and design of countermeasures.In accordance with ISO 14064, 14067 and other international standards, The Company has established a carbon footprint management systemat the product and organizational levels, and has formed an inventory mechanism covering the life cycle, with regular third-party veri?cation.Meanwhile, The Company has built the " Energy and Carbon Cloud Platform", which realizes real-time collection of carbon emission data, trendanalysis and risk early warning, and promotes digital management of climate risk and optimal allocation of resources.The Company has also developed a dynamic identi?cation and internalization process for laws and regulations to ensure the timely implemen-tation of climate-related regulations and enhance climate change compliance and risk resilience.
Indicators and TargetsThe Company sets climate change targets and discloses KPIs around the "Four Ten Thousand Indicators" (1404.2 USD output valuecomprehensive energy consumption ratio, 1404.2 USD output value carbon emission ratio, 1404.2 USD output value green energyconsumption ratio, 1404.2 USD output value manufacturing cost ratio):
The promotion of climate change targets is supported by systematic measures such as "ten energy-saving technologies", greendesign and green packaging, green logistics, etc., combined with the creation of green factories and the SBTi commitment, whichcomprehensively support the realization of the targets. 2024, the greenhouse gas emissions of Scope 1 and Scope 2 of CTS will be442,576tCO
e, and the greenhouse gas emission reduction will be 237477tCO
e. gas emission reduction of 23747tCO
e.
Increase the share of green energy consumption to 80%Comprehensive energy consumption and carbon dioxide emissions of 1404.2 USDoutput value decreased by30%and 35%respectively10 carbon neutral demonstration plants.
Short- to medium-term Goals
（2021?2025）
Long-term Goal (to 2030)
Achieve 100%green energy useCarbon emissions of 1404.2 USD output value decreased by50%from 2020Construction of30carbon neutral/zero carbon plantsAchieve peak carbon by2030 and carbon neutrality by 2055
Situation-speci?c descriptionsResponse strategyTypology
Timedimension
Risks/opportunitiesTransition
risk(policy)Transforma-tionalopportuni-ties (policy)
EU trade policies such as CBAMput carbon compliance
pressure on exportsNational Green ManufacturingIncentive, Green ProductPriority Purchasing and OtherPolicies Continue to Advance
Declaring green factories, greenproducts, obtaining subsidies andindustry credit points
Piloting CBAM compliance, productcarbon footprint certi?cation, establish-ing of carbon information transparency
mechanism systemlong termlong term
exposures
exposures
Transition
risk(technical)
Customers have strict restrictions
on suppliers' non-transparentcarbon disclosure and non-stan-dardized carbon management,a?ecting corporate reputation
and order acquisition
favorablecircumstanceTransitionrisk(markets)
Increased customer demand forgreen procurement, low-carbonproducts, and delivery cycles
Expanding green certi?cationsystem, enhancing green product
coverage and responsivenesslong term
Transforma-
tionalopportunities
(markets)
Green orders rise as demand for
green, low-carbon ?ber opticcables grows in overseas markets
Rapid evolution of customers'green technology requirements andinsu?cient supplier responsivenessresulting in substandard deliveryIncreased willingness of customers
to cooperate in the research and
development of new greentechnologies and products
Establishing green product speci?ca-tions, promoting the construction of agreen technology platform withsuppliers, and improving the bench-
marking mechanism
Developing low carbon ?ber opticcable and carbon labeling products
to build green brand in?uencefavorablecircumstancelong term
favorablecircumstancelong term
favorablecircumstancelong term
Transition
risk(reputa-tional)
Transforma-
tionalopportuni-
ties(technology)
Taking the initiative to jointly developgreen products with customers and strivefor the ?rst-mover advantage in the
frontier market
Enhancing carbon transparency in the
value chain and promoting carboninventory and green compliance among
Tier 1 suppliers.Companies that obtain greencredentials and excel in carbonperformance will receive preferred
supplier status from customers
Transforma-
tionalopportuni-
ties(reputation)
Establishing a green supply chainevaluation mechanism, appling for greenfactory and green product certi?cation,and enhance customer con?dence
exposuresshort-term
exposuresshort-term
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
Energy ManagementIn terms of energy management, ZTT takes "Green Low Carbon Manufacturing (GLCM) Action Program" as the core, and sets milestoneswith 2020 as the benchmark, striving to reduce the comprehensive energy consumption per unit of output value by 30% in 2025, and theproportion of green energy use reaches 80%. In order to ensure that the target is achievable, The Company has constructed an energye?ciency and carbon management organizational structure covering the ZTT, Industrial Groups and factories at three levels, clari?ed thedivision of responsibilities, promoted the hierarchical management of energy e?ciency indicators and process monitoring, and formulat-ed a supporting energy management system and an annual enhancement plan, focusing on the upgrading of energy-consumingequipment, energy-e?ciency benchmarking, special technological reforms, and other key initiatives.In 2024, The Company deeply pushed forward the transformation of "ten energy-saving technologies", covering energy-saving motors, aircompressors, extruders, magnetic levitation freezers, induction furnaces, lighting systems, transformers, distribution systems and otherkey links, and achieved a cumulative total of more than 50 million kWh of electricity savings, reducing carbon emissions by about 53,500tons ofCO
e. In order to improve management accuracy, The Company has independently developed and constructed the "Energy andCarbon Management Platform", which builds a three-level monitoring network of the Group, factories and equipments, and realizes theintegration of energy real-time monitoring, energy e?ciency analysis, abnormality early warning and carbon accounting functions, helpingthe enterprise to realize re?ned and intelligent green operation and management.
During the reporting period, The Company insisted on incorporating environmental protection into its long-term corporate strategy and continu-ously enhanced its environmental governance capability and compliance level. The Company strictly abides by the requirements of nationallaws and regulations such as the Environmental Protection Law of the People's Republic of China, the Environmental Impact Assessment Law ofthe People's Republic of China, and the Environmental Protection Tax Law of the People's Republic of China and The Company pays closeattention to and follows the relevant environmental policies and technical standards of the countries in which it operates overseas, and compre-hensively pushes forward the construction of its environmental management system. At present, 100% of all o?cially operated manufacturingproduct companies of ZTT have passed ISO 14001 environmental management system certi?cation.In 2024, the compliance rate of "general waste" and hazardous waste disposal reached 100%, and no environmental emergencies occurred. TheCompany has implemented the "Emergency Response Plan for Environmental Pollution Emergencies", established an emergency command andrapid response mechanism, and regularly conducts environmental emergency drills to improve the ability to respond to environmental incidents.
Norm202220232024Unit
Environmental violationsand penaltiesTotal investment inenvironmental protection
11,03111,310
4,723.339,438.07
7,633.95
1.77
11,967
numbers
ten thousand
yuanDuration of environmentaltraining per capitaNumber of participants in
environmental trainingPercentage of totalemployees receivingenvironmental trainingPercentage of all workplaceswhere environmental riskassessments are conductedPercentage of operating sitescerti?ed to ISO 14001 environ-mental management system
for all product companies
hourlyparticipants9695
1.481.58
969592
%%
%100100100
ZTT EMS Energy Carbon Management System InterfaceIn terms of renewable energy utilization, The Company continues to promote the strategy of "Green Power Substitution" and activelypromotes the synergistic development of distributed photovoltaic (PV), self-built power stations and green power trading. On the onehand, The Company continues to expand the construction and operation of photovoltaic power stations, and create comprehensiveenergy solutions by combining "photovoltaic+ storage+ energy scenarios"; on the other hand, The Company continues to explore theinstallation of additional distributed photovoltaic facilities in the factory area, to increase the proportion of green energy use, and to expandthe scale of renewable energy consumption through green power trading, green certi?cate procurement, etc. The Company also relies onthe advantages of energy storage products to expand power-side and energy storage facilities. Relying on the advantages of energy storageproducts, The Company also expands the application of power-side and user-side energy storage projects to enhance the ?exibility ofrenewable energy use and system response capability. In the future, The Company will continue to increase investment and innovation inthe ?eld of green energy, and promote the deep integration of green energy and intelligent manufacturing.
Environmental Management Compliance
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
ZTT ISO 14001 EnvironmentalManagement System Certi?cation
Technology and Innovation
1.48
Industry analysis
Industry analysisHome
| Home | ||
| Carbon veri?cation |
CaseIn 2024, ZTT India joined hands with CleanMax, a well-knownlocal new energy company, to sign a power purchase agreementand start the construction of a 1MW photovoltaic power plant onthe rooftop of a factory building. The project has been successfullyapproved by the CEIG of the Indian government and the AndhraPradesh South Power Distribution Corporation (APSPDCL).After the completion of the project, it is expected that the annualpower generation can reach about 136,800 kWh, and the annualsaving of electricity cost is more than 64591.32 USD. This initiativenot only e?ectively reduces the operational energy costs, but alsoinjects a boost to the green transformation of the local energystructure, demonstrating the positive action and responsibility ofZTT on the path of sustainable development.
ZTT India | Green Power to Reduce Costs and Promote Green Transformation
In order to further improve the e?ciency of water resources utilization, ZTT has modi?ed the wastewater treatment system for waterreuse in the production process of copper foil. The process of copper foil production and treatment generates a variety of wastewatercontaining copper, zinc, nickel and chromium, which needs to be piped to the water treatment system for classi?cation and treatment.In the course of operation, The Company carried out a technical study jointly with a third party and found that by adding a three-stage ROmodule, the e?ciency of pure water reuse could be further improved, and wastewater discharge and treatment costs could be reduced.After system optimization and transformation, the new three-stage RO water reuse system has signi?cantly improved the level of waterresources utilization.The e?ectiveness of the remodeling is as follows:
Water reuse rate increased from 75% to 92.5%;The annual water saving reaches 58,600 tons, which e?ectively relieves the water pressure;It reduces the amount of wastewater treatment and the total amount of discharge, and helps enterprises ingreen manufacturing and recycling development.The renovation not only optimizes the operational e?ciency of the water treatment system, but also re?ectsThe Company's active exploration and practice in resource conservation and environmental protection.
Water Reuse System Upgrade to Enhance Water Saving E?ciency
Norm20232024UnitGasoline usage
Diesel useNatural gas usageWater energy useSolar energy usageElectricity consumption
Steam consumption
Energy intensityTotal integratedenergy consumption
26.35
702.75
21452540.453232330.837727.577980.4688608.25144383.92292652.28
0.0649
30.36
686.53
22629005.533086044.12
88479.17122869.45272824.40
0.0568
tonton
tonm
kWhMillion kWh
Tons ofstandard coal
Tons ofstandard coalTons of standard
coal/￥10,000
Each plant is equipped with a dedicated drainage network, domestic sewage is discharged into the municipal network after pre-treatment by septictanks and other facilities to meet the standards, and production wastewater is pooled and treated in a uni?ed manner, with emphasis on monitor-ing COD, ammonia nitrogen, heavy metals and other water quality indicators. Once the abnormality occurs, The Company immediately organizesthe analysis of the reasons and implements the recti?cation to ensure that the emission is stable and meets the standard.
Water Resources Management and Wastewater DischargeIn terms of water resources management, ZTT attaches great importance to water resources utilization e?ciency and water pollution prevention,and continues to improve the relevant systems and promote the transformation of key links. The Company has formulated the "Pollutant Manage-ment Regulations", which clearly sets out the requirements for rainwater and sewage diversion, clean water and sewage pre-treatment of domesticwastewater, strictly prohibits the direct discharge of waste liquids into sewers, and emphasizes that wastewater must be centrally collected, properlytreated, and regularly monitored by quali?ed third-party agencies.
Energy Management
Case
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
Green Factory Construction
In terms of green factory construction, The Company continues to promote the construction of green manufacturing system, adding 5new state-level green factories in 2024, totaling 13, and steadily increasing the coverage rate of green certi?cation. Green factorieswidely apply energy-saving and carbon reduction equipment, renewable energy systems, environmentally friendly materials anddigital management and control platforms to realize the green transformation of major process links, e?ectively supporting TheCompany's energy saving and emission reduction goals.The Company actively promotes green products and low-carbon certi?cation, with 7 types of export products having completedcarbon footprint certi?cation, and some units initiating life cycle assessment (LCA) research to help products enter the internationalmainstream market. In 2024, 2 subsidiaries of ZTT have completed SBTi registration and target-setting, and are gradually constructingan emission reduction path based on scienti?c foundations. Accelerating to build a green smart manufacturing benchmark withinternational in?uence.
Through systematic policies and mechanisms, digital management and technological innovation, ZTT is gradually building a"Green Smart Manufacturing" system covering the environment, energy, water resources and waste, helping the enterprise torealize its sustainable development goals.
Norm202220232024Unit
Total water withdrawal3011941.04
total displacementTotal water consumption
3232330.83
702818.67647951.10
3086044.122363989.942529512.172486659.69599384.43
tontonton
Norm202220232024Unit
Hazardous waste emissionsNon-hazardous waste emissionsTotal waste emissions
4668.995313.24
45622.8949658.18
4531.4044989.1940309.6534384.2538915.65
Percentage of total compa-ny-operated waste diverted
from land?lls
%
Case
ZTT Morocco actively promotes waste minimization and resource management, and implements in-depth waste classi?ca-tion at production sites, ?nely classifying plastics, wood, paper, metals, etc. at the source. At the same time, we work togetherwith local professional waste processors to recycle and reuse waste that has reuse value.Through continuous optimization of management processes and sta? training, the waste recyclability rate has steadilyincreased over the past three years and has reached 45.99% by the end of 2024. The project not only signi?cantly reduces theamount of land?ll and incineration, but also promotes the development of the local circular economy, demonstrating TheCompany's high regard for environmental sustainability.
ZTT Morocco | Promoting Waste ResourceManagement and Enhancing Recycling Rates
Solid Waste Emissions and Resource Recovery
In terms of solid waste management, The Company has established a mechanism for the whole process management of solid waste,covering key aspects such as identi?cation, categorization, registration, storage, transfer and disposal. Through the formulation of theSolid Waste Management System, The Company has promoted the establishment of solid waste accounts and management lists byeach subsidiary, and strengthened source reduction and ?ne management. 100% of hazardous wastes are entrusted to quali?ed unitsfor compliant disposal, and the transfer process is incorporated into the "Environmental Protection Handbook" supervision platform,realizing closed-loop supervision of the whole process from generation to disposal.In terms of resource recycling, The Company continues to promote the recycling of packaging, equipment components and otherrecyclable materials. In 2024, the cable tray furniture recycling project was e?ective, not only saving costs of more than 5.20 millionUSD, but also achieving carbon emission reduction of more than 8,000 tons ofCO
. Some units also carry out the reuse of wastewooden pallets, metal edges and corners, etc., to enhance the e?ciency of resource use and reduce the outbound transportation ofgeneral industrial solid waste.In the future, The Company will accelerate the construction of the digital solid waste management system, explore the recycling modein synergy with the supply chain, and promote the green cycle of the value chain to close the loop.
Biodiversity ConservationZTT attaches great importance to the protection of ecosystems and biodiversity, especially in overseas investment andconstruction projects, and has always insisted on incorporating biodiversity into the whole process of project planning,design, construction and operation management. In the transmission line project in Koh Kong Province, Cambodia, TheCompany, together with the project owner, Electricité du Cambodge (EDC), organized the preparation of a BiodiversityAction Plan to comprehensively assess the potential ecological impacts of the project and clearly formulate the correspond-ing protection targets and action plans.
7types of export products
complete carbon footprint certi?cation
Water Resources Management and Wastewater Discharge
Solid Waste Emissions and Resource Recovery
tontonton
Added 13national green factories
subsidiaries join SBTi
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
The project is located in the Southern Cardamom Mountains, an important ecosystem in Southeast Asia, and covers anumber of biodiversity-critical areas such as the Tatai Wildlife Sanctuary, Dong Peng Multiple Use Management Area andBotum Sakor National Park. During the design and implementation of the project, The Company strictly follows the IFCPerformance Standard 6: Biodiversity Conservation and Sustainable Management of Living Natural Resources, the AsianDevelopment Bank's (ADB) and other international standards, and combined with local laws and regulations such asCambodia's Law on Nature Reserves of 2008 to minimize the impact of the project on the ecological environment.In order to reduce disturbance to high-quality forests and critical habitats, The Company and its contractors have imple-mented the following measures, which are based on the biodiversity conservation principle of "avoid-minimize-miti-gate-compensate":
In addition, The Company has established a biodiversity monitoring mechanism for the project, regularly assessing thee?ectiveness of project impacts and mitigation measures to ensure that no irreversible damage is caused to endangeredspecies and their habitats during project operation. Through the implementation of this project, ZTT not only guaranteesthe sustainable construction of transmission infrastructure, but also actively contributes to the protection of ecosystemsin the host country and the sustainable development of the region.
At the source end, ZTT vigorously implements green procurement and raw material carbon reduction projects, prioritizes the use ofmaterials with lower carbon footprints and lower environmental impacts, and strives to reduce the environmental loads of productsat the raw material selection stage.
In terms of green design, The Company adheres to the concept of "green at the beginning of design", and incorporates low-car-bon, easy-to-disassemble, reusable and other environmentally friendly attributes into the entire process from productstructure, material selection to manufacturing adaptation. Under the premise of ensuring functional integrity, The Companyreduces the redundancy of materials and energy consumption in the manufacturing process, and improves the energy-savinge?ciency across the entire value chain..
Total Product LifeCycle Management
Green Material Selection DesignGreen Recycling Design Green Manufacturing Process DesignGreen Product Service Design
Green Logistics Design Product Recyclability DesignProduct Detachability DesignGreen Packaging Design
From April 22nd to 25th, the 26th World Energy Congress was held inRotterdam, the Netherlands. With the theme of "Sowing Green, Sharingthe Future", ZTT participated in the exhibition and displayed new greenproducts and system solutions in the three major energy ?elds ofocean, new energy and power grid to the global new energy customers.Through energy substitution, raw material substitution, energy savingand emission reduction, material saving and recycling, and theimplementation of green design, green procurement, green produc-tion, green life and other measures, ZTT is committed to the green andlow-carbon of the entire life cycle of its products and services.
Fingrid, the Finnish national grid operator, featured ZTT's low-carbon aluminum collabora-tion in detail in its journal. ZTT’s green aluminum signi?cantly reduces the carbon footprint,reaching only one-fourth of traditional emission levels. This demonstrates proactivealignment with the EU’s Carbon Border Adjustment Mechanism (CBAM) requirements andprovides strong support for Finland’s power infrastructure upgrades and the achievement ofits sustainable development goals.
Appearance at the World Energy Congress
Low-carbon aluminum materials help reduce emissions at the source
As part of its transition to green and low-carbon development,ZTT has always adhered to the concept of "life cycle management",embedded sustainable development in every link of products from source to end, and built a closed-loop green value chain. Aroundthe selection of raw materials, product design, manufacturing process, packaging and transportation, use management andend-of-life recycling, The Company has formed a set of systematic and standardized green whole-chain managementsystem, which continues to help reduce the burden on the environment, conserve resources and enhance customer value.
Avoid ecologically sensitive areas and wildlife migrationcorridors during the project design phaseClearly delineate project boundaries and restricted constructionareas to preserve natural woodland and aquatic habitatsControl invasive alien species, reduce dust and erosion during constructionand operation, and avoid disturbance of animals from nighttime operationsEnhance the optimization of tower design to preventbird collisions and electric shock accidentsFor residual impact areas, revegetation and reintroductionof native tree species is plannedOrganize environmental protection training for employees, and strictly prohibitproject-related personnel from hunting wild animals or destroying forest resourcesJoint conservation cooperation with local environmental organizations(e.g. Wildlife Alliance, WWF Cambodia, etc.) to support regional ecologicalmonitoring and patrols
5.3 Total Product Life Cycle Management
Case
Case
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
At the manufacturing stage, ZTT adheres to the green and smart manufacturing strategy, continuously optimizes the process,upgrades intelligent equipment and implements lean management. The Company comprehensively benchmarks the Ministryof Industry and Information Technology's high energy-consuming equipment elimination catalog, and vigorously promotesequipment upgrading through technological transformation. Through the promotion mechanism of "ten energy-savingtechnologies", The Company has formed a point-to-point, system-driven energy-saving and carbon-reducing e?ect nationwide,and created a green "new engine" in the manufacturing process.
In packaging, logistics and warehousing, ZTT actively builds a system of "reduction, recycling and intelligence". The Companyintroduces recyclable, degradable and recyclable materials for packaging, and promotes green packaging solutions. In 2024,The Company will recycle and reuse iron and wooden trays, cable trays and other packaging instruments, and reduce carbondioxide emissions by 8,108 tons. In terms of logistics and distribution, The Company accelerates automation and information-ization upgrading, adopts AGV automatic handling system, intelligent material supply system, digital warehousing anddedicated transportation by cargo ships to optimize the ?ow of work processes and shorten the transportation path, e?ectivelyreducing carbon emissions and improving operational e?ciency. Through multimodal transportation and intelligent logisticsscheduling, The Company has created a "green artery" linking production and delivery.
Entering the product use stage, The Company focuses on improving the reliability, long life and energy-saving performance ofits products to reduce the energy consumption and maintenance costs of customers during the use process. In high-endapplication scenarios such as communication, electric power and ocean, The Company's products widely use highly adaptablematerials such as corrosion resistance, fatigue resistance and wind and sand resistance, and integrate energy-saving functionsto e?ectively reduce the user's whole life cycle operational emissions.In the face of the environmental impact of products after use, The Company has established a closed-loop green disposalsystem to realize the regeneration of resources and control of risks. On the recycling side, The Company collaborates withexternal environmental protection organizations through its internal recycling platform to classify and dismantle products,refurbish parts and reuse materials. For non-recyclable or environmentally risky hazardous wastes, The Company sets up aspecial transfer channel and entrusts quali?ed units to carry out compliant disposal in strict accordance with regulatoryrequirements, ensuring that the whole process of transfer, storage and disposal is traceable and auditable, and truly realizingthe concept of "turning wastes into treasures and hazards into bene?ts".In addition, in order to ensure the standardization, measurability and sustainability of the green management system, ZTT hasformulated a complete product carbon footprint accounting mechanism, and carried out carbon inventory, third-party certi?-cation and carbon footprint disclosure based on international standards such as ISO 14064 and ISO 14067. The Company hasestablished a carbon footprint database covering the entire life cycle to quantify the carbon emission reduction e?ect of eachlink, and uses it as an important basis for product design and supply chain management to promote the continuous iterativeoptimization of products.Looking into the future, ZTT will continue to take the whole life cycle management as a handhold, promote the extension ofgreen manufacturing to the upstream and downstream, leap to a higher level, and promote the value chain from "complianceand emission reduction" to "value co-creation".
Case
By eliminating four old wire drawing machines and introducing one double-head and double-disk and one single-headand double-disk wire drawing machines, The Company has achieved an annual power saving of 700,000 kWh, a reduc-tion of 554 tons of carbon emissions, and an annual cost reduction of 81441.23 USD. This move not only signi?cantlyimproves the e?ciency of production capacity, but also re?ects a high degree of synergy between green manufacturingand economic bene?ts.
Intelligent manufacturing releases green kinetic energy
Green Packaging
Case
ZTT adopts truss-like lightweight structure design in ?ber optic cable transfer box products, which ensures the mechan-ical performance while reducing the weight of each box by 6.8 kg, reducing the waste of materials, transportationenergy consumption and production carbon footprint. In semi-dry ?ber optic cable products, the innovative use ofwater-blocking powder instead of ?ber paste and water-blocking yarn reduces the carbon emission per 10,000 metersof ?ber optic cable to 0.0026 tons ofCO
, which signi?cantly reduces the intensity of carbon footprint.
Green Design for Structural Optimization
R
e
cy
c
la
ble
Materials
Recycled
M
a
t
e
ri
als
Reduced
Volume
Packaging
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
Putting people first:
social responsibility and inclusive growth
6.1 Employee Well-being
6.2 Sustainable Supply Chains
6.3 Co-creating Social Value
6.4 Product Quality and Customer Value
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
Putting people ?rst:
social responsibility and inclusive growthEvery employee's e?ort and dedication is an important force to push the company forward. We hope to provide every employee withfair and transparent career development opportunities, to create a positive working environment, and employees to collaborate, toachieve a win-win situation for individuals and enterprises.
6.1 Employee Well-being
Equality and DiversityZTT advocates an enterprise atmosphere of equality, mutual trust, diversity and inclusiveness, and eliminates unfair treatment ofemployees in recruitment, promotion, salary and other aspects due to ethnic group, gender, age, belief, political status and otherfactors. .We strictly abide by the laws and regulations of our countries and regions，establish and implement the Anti-Modern SlaveryPolicy and conveys to the concepts of respecting human rights and anti-discrimination all stakeholders, and guides all business unitsto conduct compliance practices with supply chain partners. During the reporting period, The company has passed the SA8000 CSRcerti?cation; there is no forced or compulsory labor and no child labor use.The company has always practiced the good manners of helping the disabled and the needy, and actively ful?lled its social responsibil-ities to ensure high-quality employment for the disabled. During the reporting period, The company employed more than 70 disabledworkers and provided su?cient skills training and career development guidance in an e?ort to build a fairer and more inclusive forpersons with disabilities employment environment.We actively create an inclusive, equal and diversi?ed work environment, encourage employees to actively integrate into The Company,respect the right of employees to join trade unions and support employees to freely form interest clubs to ensure that the rights andinterests of employees are not interfered with each , and to achieve the work-life balance, to maintain the sustainable development ofthe workplace . The company holds an annual employee representative meeting to concentrate resources on negotiating and address-ing employees' expectations and demands . At the same time, we conducted an employee satisfaction survey, and further establisheda number of internal online and o?ine communication channels for employees to e?ciently deal with their demands and suggestionson remuneration and bene?ts, system implementation, work pressure and other demands and suggestions. During the reportingperiod , The company held a sta? congress, and all the sta? representatives attending the meeting collectively negotiated and passedthe Collective Contract for the year 2024, achieving a100% sta? collective contract signing rate.
EmployeeCommunication
All-Sta?Meetings
Cultural
andSportsActivitiesFamilyMemberInterviews
GeneralManager's
Mailbox
SurveysandQuestion-
naires
EmployeeCommunication
Diversi?ed Communication Methods
Employee Indicators202220232024UnitTotal number of employees14,01814,90215,110
People
Number of employees
under 30 years old
Number of male employees
under 30 years old
Number of employees
over 50 years oldNumber of employees
aged 30-50
4,1994,2874,3588,0998,7519,0141,7201,8641,738
Number of male employees10,35711,17211,3613,3243,3823,425
Number of male employees
aged 30-50
5,3715,9996,231
Number of male employees
over 50 years oldNumber of female employees
under 30 years oldNumber of female employees
aged 30-50Number of female employees
over 50 years old
1,6621,7911,705
Number of female employees
3,6613,7303,749
8759059332,7282,7522,783
Number of employees in ChinaNumber of Overseas Employees
12,54413,43013,6281,4741,4721,482
587333
Equality and Diversity
ZTT's SA8000 Certi?cate
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
.
Employee Bene?ts
ZTT continues to enhance the employee welfare system, by formulating the "Employee Welfare Management System" and otherdocuments, providing employees with insurance other legal bene?ts, with all kinds of holiday gifts, birthday gifts, exclusive women'sday activities and other employee bene?ts. The company also set up a mother-and-baby room to support the needs of femaleemployees. We organize cultural exchanges and other activities to promote mutual understanding and cooperation among employ-ees and enrich their work and life. During the reporting period, the company provided support to the families of disabled and?nancially disadvantaged employees 278 times, with total expenditures of approximately 0.18 million USD .
Spring FestivalTea Party
Talent Apartment
International Women's Day (March 8)
Youth Day activities
Family Sympathy for ZTT India EmployeesZTT India employees celebrating Holi Festival
ZTT Morocco Fun Games
ZTT Turkey employees welcoming the New Year
ZTT Brazil team-building activities
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
Employee RecruitmentZTT actively attracts excellent talents, The company has formulated " Recruitment Management Measures" and other documents tosupport the daily recruitment work, through a variety of channels such as campus recruitment, social recruitment and internationaltalent introduction channels, we introduced AI interviewing and VR experience hall, designed the image of school recruiting andcreated peripheral gifts, accurately matched talents with the positions, improved the e?ciency and quality of recruitment, and toenrich The Company's employer image. During the reporting period, ZTT's 'Pilot Student' program recruited 422 new employees.
202220232024
percentage
Norm
100%100%100%92%93%95%Return rate of employees
on parental leaveRetention rate of employeeson parental leave
Remuneration and Incentives
The company has issued documents such as the Measures for the Management of Position Grades and Remuneration and the Guide-lines for Performance Management to scienti?cally manage employee compensation and performance. A remuneration committeehas been established to help employees e?ectively address pay-related concerns and ensure that all employees receive a minimumincome that always exceeds the local statutory minimum wage. During the reporting period, the starting salaries for male and femaleemployees were equal, maintaining a 1:1 ratio.
Performance AppraisalZTT ensures that the employee performance is consistent with the the company’s strategic direction. The company hasestablished a company - wide performance appraisal mechanism and implemented annual appraisals for its employees inaccordance with the corporate governance norms and the requirements for sustainable development. During the reportingperiod, the percentage of employees' participation in performance appraisal was100%.Individual Role LevelsIndicator SourcesIndustrial Group PerformanceIndustrial Group President
Subsidiary General Manager,Marketing Management Center Director
Company Performance,Marketing Management Center Performance
Company Performance,Partially Shared Management DomainPerformance/Management RequirementsDepartment PerformanceDepartment Performance Breakdown
Other Core Team MembersDepartment HeadSupervisor and General Employee
Employment indicators202220232024Employee Recruitment
percentage
Number of male employeesNumber of female employeesLess than Number of 30year old male employeesNumber of male employees
aged 30-50
Number of female employees
aged 30-50Greater than Number of50 year old female employeesEmployee turnover rate
Greater than Number of50 year old male employeesLess than Number of femaleemployees aged 30
Total number of new employees
1,703
1,0461,052
1,9061,857
16.44%
13.86%
12.67%
2,2682,4662,522
Use of parental leave
1:1
123123115253253251
2.66
2.75
2.77
1:11:1
proportionproportion
manman
Norm202220232024
48.62%48.62%45.82%percentage
Remuneration and Incentives
Unit
People
Wage ratio between male andfemale employees at thestarting salary levelRatio of starting level wage tolocal minimum wage for maleand female employeesNumber of executives hiredfrom local communities
Percentage of executiveshired from local communitiesTotal number of executives
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
Unit
Unit
Career Development and TrainingZTT continues to enhance the career development system and has established multiple promotion paths for employeesfrom grassroots to senior management, from technical posts to expert consultants, etc. , to support employees' positivedevelopment at ZTT.
Employee Development
In order to e?ectively broaden the career development channels for employees, we publish daily information on job requirements ofsubsidiaries and through online platforms such as, WeChat platform to help employees based on their own career development plansand professional skills, and to promote the matching of talents to the appropriate positions.ZTT Group builds dual career promotion channels for its employees:
Vertical promotion channels encourage employees to continue to work in their own professional ?elds, constantly improve theirprofessional skills, and pursue professional re?nement and breakthroughs;Lateral promotion channels provide employees with the opportunity to cross-serial promotion or transfer to other positions, so thatemployees can ?exibly adjust their career direction according to their personal interests and abilities as well as the company's develop-ment needs .
Vertical Promotion Channel
Professional Field
Lateral Promotion Channel
Diversi?ed Development
JobRotation
PersonalInterest
AbilityCompany
Demand
Craftsmanship Training for
Frontline Employees
Extraordinary technician on-site
evaluation meeting
Chief Technician On-siteReview Meeting
Norm202220232024Total training hoursAverage employee
training hours
1,293,861
92.3
1,439,533
96.6
1,572,951
104.1
Sta? Training
hourlyHour/personSta? Training
The career development of employees to the operation of the enterpriseis closely related.ZTT Group establishes and optimizes fourmajor training systems to meet the needs of talent development at di?erent stages, help employees quickly adapt to their positionsand continuously improve their working ability, and allows to employees develop in both professional and management ?elds.The company has formulated a number of talent training programs, including the Youth Seedling Program, the Youth Blue Program,and vocational skills level recognition, to promote the development of industrial workers; and organized participation in various typesof vocational skills competitions to promote learning and excellence through competition. Promote employees to re?ne their workskills and e?ectively improve production e?ciency .
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
Unit
The four major systems
Recruitment for social workers, freshcollege students, internship studentswho have not graduated from colleges
and universities, and blue-collarworkers from vocational schools
For existing positions
Training courses for new specialists anddoctors (parachute program)
Training course for new sales sta?
Team Leader Competency Enhancement Training
Course
Digital Competency Camp
Program
Name
object-orientedTraining contents
SailProgram
RenewalProgram
Internationalized mature talents,reserve talents, internationalized
reserve talents
Cultivation of president, generalmanager, director, deputy generalmanager, department manager, andbackbone of grassroots management
positions
Training Course for International Talents Coming to China
Basic English Speaking Course
New General Manager andReserve Talent Class
AB Corner Specialized TrainingCourse for Middle Management
VoyageProgram
NavigateProgram
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
Program
Name
object-orientedTraining contents
Security Awareness Training
ZTT Group has set up an EHS management committee, to maintain the health of employees and the safety of the working environ-ment. The company invites professionals to train employees in safety operation skills , so that employees can master safety operationskills and strengthen safety awareness. The company also organizes safety knowledge contests and other activities on a regular basisto stimulate the enthusiasm of employees to learn safety knowledge and enhance their safety quality.
Safe ProductionZTT Group implements the construction and execution of safety management system documents such as the Regulations on WorkInjury Management, requires to employees wear personal protective equipment according to regulations. The Company collects andanalyzes information on safety accidents every month, generates and publishes a production safety bulletin, and real-time evaluatesand analyzes production assessment points. During the reporting period, the company did not have any workplace accidents .
Safety PaintingCompetition in Safety Month Activities
ZTT Indonesia LeanManufacturing Training
Environmental Health and Safety
ZTT Group attaches great importance to the healthand safety of its employees, is committed to creating asafe and comfortable workplace. During the reportingperiod, the company certi?ed and obtained ISO 45001certi?cate.
Equipment training for thesta? of ZTT MoroccoZTT India Employee ProductionProtective Clothing Use
ZTT Indonesia EmployeeEquipment Training
Form202220232024UnitNumber of work-related deathsNumber of work injuriestotal working timeMillion man-hours losttime accident rateNumber of occupa-tional diseasesIncidence of occupa-tional diseases
26,498,14827,888,53629,135,175hourly
0.530.860.45Million man-hours
2413man
man
classi?er for clothes, luggage,
decorations;piece of work;a matter, an event
percentage
Safe Production
ISO 45001 system certi?cate
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
Emergency DrillZTT Group strictly complies with national and local laws and regulations, formulates a number of emergency drills and plans, andregularly organizes emergency drills for natural disasters and production accidents, so as to familiarize employees with theemergency procedures, e?ectively improve the self-protection and mutual assistance capabilities of employees, and enhance theoverall level of the company's emergency response in the face of emergencies. During the reporting period, the companyorganized a total of 415 drills, with a cumulative total of 16,211 participants .
Safety marking
Type of exercise
Fire drill
Natural Gas LeakageEmergency Response Exercise
Emergency Drill for
Lifting Injuries
AS Production Line
Emergency ?recabinet
Conductorproduction warning
Fire Hydrant
Mental health managementWe not only focus on the physical health of employees, but also pay attention to their mental health. To this end, the companyhas set up an employee psychological counseling room, invited domestic senior psychological counselors, from time to time tocarry out mental health lectures and employee "one-on-one" counseling, timely solution to the psychological problems
encountered by employees
6.2 Sustainable supply chains
ZTT Group is committed to building a greener and more sustainable supply chain system, pursuing economicbene?ts and social responsibility win-win.Supplier ESG AssessmentZTT Group has established a strict ESG assessment system for suppliers, and comprehensively examined suppliers from variousdimensions such as environment, society and corporate governance. The company has formulated the "Supplier ManagementMeasures", which clearly de?nes the whole life cycle management of suppliers from certi?cation, introduction, evaluation towithdrawal and elimination. Through the annual risk assessment of suppliers , the company selects suppliers with outstanding perfor-mance in ESG and establishes long-term and stable cooperative relationships with to build a sustainable at supply chain. During thereporting period, ESG assessment covered 100% of suppliers .
Suppliers' energy consumptionWaste emissionsE?ciency in the utilization of natural resources
Environmentally, ensure that suppliers'production processes are environmental-ly friendly and minimize negative impacts
on the ecosystem
Hotline:：051384885115E-mail:ztthr@ztt.cn
Security Maintenance
A safe and stable working environment is the top priority of an enterprise. ZTT Group has formulated documents such as "Envi-ronmental Factors Management Procedures" and "Hazardous Sources Identi?cation and Risk Evaluation Management Proce-dures", and regularly conducts safety inspections and maintenance of its production facilities to strengthen the environmentalmanagement of its workplaces; the company applies the LEC method to identify, evaluate and categorize the environmentalrisks, and formulates contingency plans to strengthen the capacity of emergency handling. During the reporting period, thecompany through safety hazard investigation actions collected a total of nearly 5,000 potential safety hazards, and the rate ofrecti?cation of potential hazards was100%.
Protection of Employee Rights and InterestsMaintenance of community relationssocial facilityAt the social level, to ensure thatsuppliers do not engage in forced or childlabor and are able to contribute positively
to society.
Evaluate supplier management systemstransparencybusiness ethicsCorporate governance to ensure thatsupplier operations are stable and incompliance with legal and regulatory
requirements
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
Responsible procurementZTT Group is resolute in not purchasing or supporting the use of con?ict minerals, and has incorporated responsible purchasingrequirements into the cooperation framework agreement. We require our suppliers to provide a Letter of Commitment for Non-Use ofCon?ict Minerals to ensure that they understand the importance the company attaches to the compliance management of con?ictminerals. On this basis, we require direct suppliers to pass on this principle to sub-suppliers to eliminate the risk of human rightsviolations, inhumane treatment and armed con?ict in the supply chain of key minerals. During the reporting period,100% of ourmineral and mineral derivative material suppliers signed the Con?ict Minerals Commitment Letter.
Supply Chain Carbon Footprint ManagementZTT Group clearly requires suppliers to incorporate the concept of green supply chain management into their own developmentstrategic planning, and clari?es the requirements for carbon reduction and emission reduction at the operational level of suppliersthrough documents such as Green Procurement Guidelines and Green Supplier Evaluation Criteria.The company establishes a green data and analysis platform and a carbon emission accounting system, accurately counts andanalyzes suppliers' carbon emission data collected on a regular basis , counsels suppliers to optimize their emission reduction practic-es, and provides them with targeted carbon-reducing advice and technical support, so as to promote the green transformation of theentire supply chain.During the reporting period, more than 800 suppliers signed the green and low-carbon initiative. 100 supplierscompleted the carbon emission data statistics, collected 135 emission reduction projects, and the carbon emission ratio of 1404.2 USDof output value was reduced by more than 8.4%, which achieved remarkable emission reduction results.
Supplier capacity-building and trainingZTT Group is committed to helping suppliers improve their management level, technology level and sustainable developmentcapability through capacity building and training. The company organizes events such as the Global Partner Conference to provide aplatform for suppliers to communicate and learn; provides professional training and guidance covering environmental management,social responsibility, quality management and other areas based on the results of supplier performance evaluation, empowers supplychain partners to reduce sustainability risks .
Case
On September 27, 2024, ZTT Group held a seminar oncompliance, quality and ful?llment policies for its suppli-er partners, with the theme of "Strong Compliance,Quality, Ful?llment and New Journey", which wasattended by more than 700 supplier representativesfrom across China. At the meeting, ZTT Group promotedthe policy reports of "Quality Management", "Compli-ance Management" and "Compliance Management" tothe supplier partners, and noti?ed the typical cases ofsupplier's malpractices in recent years, demonstratingZTT Group's commitment to the quality management ofsuppliers. Typical cases of supplier malpractice in recentyears were also reported, demonstrating the determina-tion of to establish dignity by quality and to ?ght againstcorruption.
Strengthening Compliance Quality and Quantity Ensuring ComplianceStarting a New Journey Supplier Conference
Case
On December 19, 2024, in order to implement the guidelinesof compliance re?nement, on the one hand,ZTT Groupimproves the construction of procurement internal controlsystem, and improves the risk prevention and control systemof compliance and integrity; on the other hand, it communi-cates the requirements of integrity and honesty throughsigning commitment letters, procurement compliancequestionnaires, on-site/online trainings, as well as procure-ment portals to strengthen the awareness of integrity andcompliance among the internal sta?s and suppliers, and tojointly build a on the other hand, we communicate integrityrequirements through signing commitment surveys,on-site/online training and procurement portal to strengthenthe awareness of internal sta? and suppliers on integrity andcompliance, and to build a pro-clean partnership.
Building Integrity Together, Pro-Clean Cooperation
Norm202220232024
Number of operating sites, suppliers wherefreedom of association or right to collectivebargaining is violated or at signi?cant riskNumber of operating sites, suppliers with signi?-
cant risk of child labor incidentsNumber of operating sites, suppliers with signi?-cant risk of forced or compulsory labor
Supplier ESG Assessment
classi?er forindividual things
or people,general, catch-all
classi?er
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
Unit
6.3 Co-creating social value
ZTT Group regards public welfare as an important part of its corporate development strategy, and actively brings value to the societywhile creating economic bene?ts.
6.4 Product Quality and Customer Value
ZTT Group is committed to creating greater value for customers while being driven by innovation and adhering to the persistent pursuitof quality.Community support and educationThe company actively participates in community building and education support, and establishes special funds for industry-educationintegration and school-enterprise cooperation and incorporates them into the annual ?nancial budget of the enterprise .
Eid al-Adha is an important festival in Indonesia, and during the 2024festival, ZTT INDONESIA, as in the past, will continue to organize the Eidal-Adha festival. In the past, The company has ful?lled its social responsibili-ty by donating cows to poor villagers. During the Eid al-Fitr festival inIndonesia, The company donated cows to the weekly donation of rice tovillagers in need in the border community.
PT ZTT CABLE INDONESIASocial Responsibility Initiative
ISO 9001TL9000
We actively participate in various charitable activities and pay attention to thedisadvantaged groups. In recent years, ZTT Group has donated infrastructureequipment worth more than 5 million dollars to the A?liated Hospital ofNantong University; donated more than 4.7 million dollars of materials,supported the construction of Zhangjian Entrepreneurs' College; and donated10 million dollars to Rudong Middle School to cultivate top-notch innovativetalents.
Public Welfare Contribution
Achievement of speci?c ?nancial thresholds in accordance with the relevantprovisions of the Indian Companies Act on Corporate Social Responsibility (CSR)of companies dedicate at least 2% of their average net pro?t for the previousthree years to CSR.Mid-2024 ZTT Group India is actively involved in ful?lling the government'scompliance requirements by partnering with local public interest organizations,while at the same time Local social welfare activities.
ZTT Group India Social Responsibility Initiative
In 2024, ZTT Turkey factory, DEMIRER KABLO (DK Cable) specially organizeda sympathy visit to Boguyuk Orphanage and donated school supplies suchas schoolbags and stationery, and sports equipment such as soccer balls tothe children, which conveyed humanistic care with practical actions anddemonstrated the mission and responsibility of multinational enterprises of"Global Development, Shared Responsibility".
ZTT Turkey factory, DEMIRER KABLO SocialResponsibility Action
Quality management
ZTT Group takes the excellent performance management system as the leader, takes ISO9001, TL9000 and other system standards asthe benchmark, gradually promotes the integration with other management systems of the company, establishes an integratedmanagement and control system with multi-faceted synergy, and creates a maturity benchmark for quality management in theindustry. The company appoints the chief quality o?cer to comprehensively plan and promote the construction of quality culture; setup a quality control department, equipped with professional quality management personnel, to monitor product quality throughoutthe process; regularly conduct internal audits and management reviews of the quality management system, and constantly ?nd andimprove the existing problems, to promote the continuous improvement of the quality management system . We set up a three-tierquality target system based on a three-dimensional control network of quality responsibilities, and promote the combination of targetful?llment and performance management. During the reporting period, the coverage rate of the quality management system of allformally operated manufacturing product companies of ZTT Group was100%.
Case
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
Case
The low-carbon 220kV cross-linked polyethylene insulated AC ?ber-optic composite submarine cableproject launched by ZTT Submarine Cable is the ?rst domestic application of a submarine cable with aconductor cross-section of 3,000 mm?, ?lling the gap in large-cross-section submarine cables in China. Thisproject increases transmission capacity by 20% to 40% and achieves over 21% reduction in energyconsumption and carbon emissions compared to conventional submarine cables. As an outstanding case,the project was awarded the "EY Sustainability Annual Best Award."
ZTT Submarine Cable Achieves Across-the-Board Performance Improvements
Product Safety and ComplianceZTT Group products are widely used in electric power, communication, construction and other ?elds. The compa-ny actively obtains various international certi?cations, such as IEC, UL, etc., to ensure that the products reach theinternational advanced level in terms of safety and performance. We strictly follow the industry standards andactively participate in the formulation and revision of industry standards.
Product Certi?cation
ProductsCerti?cation Body
PV Components for BOS - mechanicalGJPFJV indoor multi-core ?ber optic cable
(G.652, 12 cores and below)
Laminated Stainless Steel Tube Optical Unit TripleStranded Fiber Optic Composite Overhead Ground Wire
ZA-RV Flame Retardant Flexible Cable forCommunication Power SupplyLoose Sleeve Stranded Full Medium
Self-Relaying Fiber Optic Cables
China Quality Certi?cation Center Ltd.Power (Beijing) Certi?cation Center Co.Railroad Through Ground (Type S)BATT - Cell for use in Battery/Module for
Stationary LER and EV Application
China Railway Inspection and Certi?cation Center Co.
Guangdong GHM Certi?cation Co.
IT Equipment
Rheinland Testing & Certi?cation Services (China) Co.
Thiel Certi?cation Center Co.
classi?er for clothes,luggage, decorations;
piece of work;a matter, an event
get (from a depot or counter)
get (from a depot or counter)
get (from a depot or counter)
Product Safety and Compliance
Number of signi?cant products/services
Number of signi?cant products/services
9899100
9899100
Number of products with optimized
safety performanceIncidents of warnings or ?nes for violations ofproduct/service safety regulation
Incidents of ?nes or warnings for violatingproduct/service information regulationsViolations of marketing (advertising, marketing,sponsorship) regulations resulting
in warnings or ?nes
202220232024
classi?er for clothes,luggage, decorations;
piece of work;a matter, an eventpercentage9899100Percentage of products/services covered andassessed for compliance with the company'sproduct/service information and labeling program
Unit
Non-halogen free charging cable forsupplying power and communication for
electric vehiclesCross-linked polyethylene insulated AClight submarine cables of rated voltage
220 kV (Um=252 kV) in large lengths
Smart Computing Center Power ModuleShanghai Timway Certi?cation Technology Co.
Drake Quality Certi?cation (Shanghai) Co.
Hangzhou Wantai Certi?cation Co.
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
Customer satisfaction and feedback mechanisms
ZTT Group establishes a perfect customer feedback mechanism, through customer satisfaction survey, after-sales visit, onlinecustomer service and other channels, and actively collects customers' opinions and suggestions. The company has set up a profes-sional department for customer service and established a 2-hour response system to provide customers with a full range of technicalsupport and after-sales service. Each subsidiary carries out customer satisfaction surveys in the form of independent units based onthe di?erences in industry attributes among di?erent customer groups. During the reporting period, the customer satisfaction of ZTTOptical Cable was 95.61, and the closed-loop rate of complaint handling was 100%.Customer contact path: Company e-mail: zttcs@ztt.cn Hotline:4001005252
Sustainable Product InnovationZTT Group is committed to developing more environmentally friendly, e?cient and intelligent products, and constantly exploresnew technologies, materials and processes. The company actively cooperates with universities and scienti?c research institutesin the ?eld of production, learning and research, accelerates technological innovation and transformation of achievements,strives to realize the e?cient use of resources and friendly protection of the environment in every step of the whole life cycle ofits products.
Case
In June 2024, the senior leadership of German PowerCompany came to the company to exchange, visited thewire factory, and carried out a 2-day digitalization andautomation technology exchange activities, duringwhich the two sides reached a consensus on theestablishment of a strategic partnership, and reached athree-year framework agreement.
International technology exchangeCase
During the construction of the project, we receivedfeedback from ?ber breakage problem of a disk of?ber optic cable in the process of laying ouroverseas customer about the . Our company attach-es great importance to it, and immediately sent aprofessional after-sales service team to the site fortechnical veri?cation. After comprehensive testingand analysis, it was con?rmed that was caused bythe problem improper operation during theconstruction of , which resulted in local forcetwisting of the ?ber optic cable. In order to ensurethe progress of the customer's project, the companyresponded quickly, communicated with thecustomer's team, clari?ed the standardizedconstruction criteria and operation precautions,and coordinated to expedite the replacement of thesame type of ?ber optic cables , avoiding zero delayin the progress of the project.
High quality after-sales service for ?ber optic cables
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
Long-term Trust:
Honest Governance and Business Ethics
7.1 Sound Governance
7.2 Integrity in business
7.3 Data Security and Privacy Protection
jiangsu Zhongtian Technology Group Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
Long-term Trust:
Honest Governance and Business Ethics
7.1 Sound Governance
ZTT drives standardized governance and sustainable development jointly. We focus on listed company governance,risk management, and internal controls. By optimizing our governance structure and reinforcing our risk controlsystem, we maintain stable operations amid complex market conditions.Corporate Governance StructureZTT has established a comprehensive governance system to ensure checks and balances in decision - making, execu-tion, and supervision. The structure includes the General Meeting of Shareholders, the Board of Directors, the Supervi-sory Board, and senior management, supported by specialized committees such as the Audit Committee, the Nomi-nation Committee, the Remuneration and Evaluation Committee, and the Strategy and ESG Committee.
Shareholders' General Meeting
GeneralManager
ZTT Architecture Diagram
Board of Directors
Supervisory Board
Board Secretary
To ensure the scienti?c nature of governance, ZTT has implemented a clear governance structure. The roles of chairmanand general manager are held by di?erent individuals. This arrangement creates a governance model with well-de?nedauthority and responsibility, and ensures the separation of decision-making and execution.
ZTT Governance Key PerformanceESG Governance and Decision-Making MechanismsZTT has established a comprehensive ESG governance system to ensure that ESG issues are prioritized at the strategic level. Aspart of this system, the company's ESG report is submitted to the Strategy and ESG Committee as a special motion for consider-ation. Once approved by the Committee, it is then submitted to the Board of Directors for formal deliberation and approval. Thisensures that ESG management aligns with the company's overall strategy.At the governance level, the company strictly complies with the "Connected Transaction Management System." This systemspeci?es the scope, review mechanisms, and decision-making processes for connected transactions. All connected transactionsare reviewed by the Audit Committee and then submitted to the Board of Directors for consideration. To ensure governancefairness, directors and shareholders involved in connected transactions must abstain from voting.To enhance the transparency of corporate governance, the company, in accordance with the Working Rules for the GeneralManager, stipulates that the General Manager must regularly report to the Board of Directors on matters such as the implemen-tation of the company's strategies, progress of major investment projects, implementation of board resolutions, and otherboard - mandated items. In 2024, the company held 10 board meetings where management submitted 47 major motions to theBoard of Directors to ensure scienti?c and e?ective decision - making.ESG Capacity Building and Governance Optimization
To enhance ESG governance capacity, the company actively promotes ESG management training for its management team. Themanagement has participated in ESG disclosure training organized by the Shanghai Stock Exchange, gaining in - depth knowl-edge of industry best practices, including the "Guidelines on Sustainability Reporting for Listed Companies." Additionally, thecompany has engaged internationally renowned organizations to provide ESG - themed training, helping the senior manage-ment team enhance their understanding of ESG risks and opportunities and ensuring e?ective integration of ESG strategies intothe company's operations.
Remuneration and IncentivesThe company has incorporated ESG performance indicators into the compensation assessment system for key managementpersonnel. Adhering to the compensation management mechanism of "determining the grade by position, determining thesalary by grade, and adjusting the salary by grade," the company combines short - term and long - term incentive systems. Theseinclude operating contribution awards, innovation incentives, and employee shareholding plans, ensuring that the compensa-tion system aligns with the company's long - term development goals.The company has also established a comprehensive performance appraisal mechanism for senior management personnel,implementing annual appraisals. The compensation package is reviewed by the Board of Directors' Remuneration and AppraisalCommittee and approved by the Board of Directors, ensuring that compensation policies comply with corporate governancenorms and sustainable development requirements.
Number of Board of Directors 9
independent directors 33.33% of independent directors1female director 11.11% of female directors
Female governors2 11.76% female governors
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
General Meeting of Shareholders：The highest authority of The Company, responsible for electingdirectors and making decisions on major matters.
Board of Directors：Responsible for strategic planning, decision-making and oversight of the company, with
several specialized committees to ensure professional governance.Supervisory Board：Responsible for the supervision of the company's ?nancial situation and the manage-ment's performance of its duties.Senior management：including general manager, deputy general manager, ?nancial controller, etc.,responsible for the daily operation and management of the company.
StrategicandESG Committee
Compensation
andAssessment CommitteeNominationCommittee
AuditCommittee
.
Investor Protection and DisclosureThe company places great emphasis on investor relations management and has established a comprehensive communicationand information disclosure mechanism.
Corporate Risk Management System
The company has established a comprehensive risk management system that covers strategy, market, ?nance, legal, andcompliance dimensions.
Tax Administration
ZTT strictly abides by domestic and international tax regulations to ensure tax compliance. In line with the company's actualoperations, we have established a robust tax management system. Pursuant to relevant laws and regulations, the company hasformulated the "Financial Risk Control Management System" to standardize tax declaration, tax planning, and risk control. Thisensures lawful tax obligation ful?llment and enhances the e?ciency of tax management.The company's ?nance department is responsible for tax compliance. It regularly monitors changes in tax policies, assessespotential tax risks, and implements appropriate measures to mitigate compliance risks. Additionally, the company strengthenstax supervision through a comprehensive ?nancial risk management system. This ensures that tax management aligns with thecompany's overall ?nancial planning and supports the company's sound operations.
Investor communication：set up an investor consultation phone number and ensure continuous communica-
tion with investors through SSE e-interactive, email and other channels.2024, The company held a total of 3 performancepresentation meetings at SSE Roadshow Center.Share repurchase：The company implemented 2 phases of share repurchase program, and by the end of the report-ing period, it had repurchased a total of 9,437,200 shares and paid a total amount of 16.15 million USD.Returns to shareholders：In 2024, The company considered and approved a cash dividend for 2023 of 0.308 USD
(tax included) per 10 shares, totaling 105.45 million USD.Information Disclosure：The company strictly follows the "Administrative Measures for Information Disclosure ofListed Companies ", and has released 69 temporary announcements and 4 periodic reports in 2024 to ensure that investors havea timely and accurate understanding of The Company's operations.
The Board of Directors：assumes the highest risk management responsibility and sets The Company's overall riskmanagement policy.Management：carries out risk identi?cation and assessment, implements risk management measures and monitors the
status of risks.Audit and Performance Department: Responsible for the construction of early warning mechanisms and dynamicadjustment of management strategies.The company attaches great importance to the identi?cation and management of various types of risks, and e?ectivelysafeguards the sound operation and sustainable development of the enterprise by regularly identifying the performance ofrisks, evaluating the potential impacts, and formulating targeted control measures in accordance with the characteristics of thebusiness.
Targeted measures include the deployment of a professional strategy team, optimi-zation of information system support, and regular review and improvement of .The company reduces the impact of such risks by strengthening market research,optimizing distribution management, improving customer service system and brandbuilding.
Strategic risk
Market risk
Main risk categories and countermeasures：
Internal control system structureThe company has established a full-coverage internal control system in accordance with the Basic Standard for EnterpriseInternal Control to ensure operational compliance, ?nancial transparency and asset security.Decision-making level (Board of Directors): approves the internal control system and monitors its implementation.Executive level (management):Speci?c implementation of internal control policies.Supervisory level (Audit Performance Department): Regular internal audits are conducted to assess thee?ectiveness of the internal control system.
The company enhances its ?nancial soundness by means of improving the compre-hensive budget mechanism, standardizing the process of using funds and strength-ening the feasibility analysis of investments.Financial risk
Operational risk
The company reduces the likelihood of legal disputes and compliance failuresthrough the establishment of a legal compliance management system, employeeethics training, and enhanced policy sensitivity analysis.The company continues to optimize its governance structure and job settings,establish a sound incentive mechanism and safety management system, promotethe construction of corporate culture, and consolidate the foundation of operationand management.
Legal andCompliance Risks
Case
During the 2024 "Risk Warning Day" and "Risk Investigation Month" activities, ZTT Aluminum Wire stood out bydeveloping a novel risk management approach characterized by being "visible, measurable, and manageable."Against a backdrop of complex operations and diverse business risks, ZTT Aluminum Wire moved beyond mere"form - ?lling and submission." Instead, it deeply integrated risk management into actual business operations. Thecompany systematically identi?ed risk points across strategic, ?nancial, and operational domains and re?ned keyrisk indicators for the ?rst time. This transformed abstract risk performance into quanti?able and monitorable dataindicators.For instance, by analyzing historical data, the company set early warning thresholds for metrics such as capitalturnover rate and procurement anomaly rate. Upon being triggered, these thresholds immediately activated alinkage mechanism, achieving "early identi?cation and rapid response."Led by the general manager, departments including ?nance, operations, and quality worked together to embedrisk prevention and control into daily management. This enhanced internal control accuracy and strengthened therisk management awareness and responsibility of all employees. ZTT Aluminum Wire's practices were thenpromoted across the entire system. Practice has proven that risk management is not just a "tick - box exercise" buta "steering wheel" guiding the sustainable and sound development of the enterprise. During the "Risk WarningDay" and "Risk Investigation Month" activities, ZTT Aluminum Wire identi?ed 40 risk points and achieved a 100%risk recti?cation rate, signi?cantly improving risk prevention and control capabilities and management e?ective-ness.
"Quantifying Risks" for Proactive Prevention and Controls
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
Key internal controls:
A total of 2024 was carried out
Financial managementInternal Audit
Procurement and supplychain management
Information securitymanagement
implementation of amulti-level approvalmechanism to strictlycontrol ?nancial risks.
strengthen supplieraccess review andoptimize the procure-ment process.
Strengthen the datasecurity system toensure informationcompliance.
Regular compliancereviews of variousbusiness processesto continuouslyoptimize the gover-nance system.
The company is committed to deepening its robust governance system. We will continue to optimize our governance, riskmanagement, and internal control mechanisms to promote the company's high - quality and sustainable development.
7.2 Integrity in business
Business Ethics
ZTT is dedicated to creating and maintaining a business environment based on compliance, integrity, and honesty. In allbusiness activities, strictly complies with the "Anti-Unfair Competition Law", "Provisional Provisions on the Prohibition ofCommercial Bribery" and other laws and regulations, and scrupulously abides by the ethical norms of fairness, trust andopenness, and requires that all employees are committed to complying with The Company's anti-corruption related manage-ment system and anti-corruption laws and regulations on business activities, so as to jointly build a sustainable businessenvironment.Anti-graft Measures and PoliciesZTT ?rmly resists all forms of corruption. The company is dedicated to continuously enhancing its business ethics system. It hasestablished clear principles for personnel regarding anti - bribery, anti - con?ict of interest, and anti - unfair competition behav-iors. By having employees sign the Integrity Commitment Letter, the company provides a solid guarantee for ensuring compliantoperations. In addition, employees are encouraged to report corrupt behaviors, and whistleblowers are strictly protected.
Anti-corruption Policy for Suppliers
ZTT adopts a zero - tolerance policy towards supplier corruption and any other prohibited business practices. The companydemands that suppliers comply with relevant laws and regulations concerning bribery and corruption, as well as adhere toethical business conduct. Strict monitoring is implemented at every stage of the process, from supplier admission, bidding,contract signing to project execution. During the reporting period, 704 external suppliers received anti - corruption training fromZTT, with 3 participating in on - site integrity promotion activities.
Anti-Corruption TrainingThe company conducts training sessions for its employees on relevant laws and regulations as well as the Code of Ethics. Thesetraining initiatives are designed to ensure that employees gain a thorough understanding of the concepts outlined in the Code ofConduct. They also help employees distinguish between legal and illegal activities, ethical and unethical behavior, as well asintegrity in the workplace.During the reporting period, a total of 3,957 employees participated in anti-corruption trainingprograms.Internal Audit Performance of ZTT 2024
Integrity training
Typology
NormUnit
单位
Total number of operating sites for which corruption
risk assessments have been conducted
classi?er for individual things or people,
general, catch-all classi?er
classi?er for families or businesses
e.g. shops, companiesclassi?er for clothes, luggage, decorations;piece of work; a matter, an eventclassi?er for sporting orrecreational activities
percentage
percentagemanPercentage of operating sites for which a corruption
risk assessment has been conductedNumber of members of governancetrained in anti-corruptionPercentage of managers receivinganti-corruption trainingNumber of incidents in which corruption
has been brought to courtNumber of employee on-siteintegrity promotion sites
Number of suppliers
100%
100%2665
Process for handling anti-corruption incidents
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
8auditsregular internal3outgoing audits8special audits
8special investigations
Integrity Reporting channels zttma@ztt.cnMailbox. zttps_audit@ztt.cn
ReportingandReceiving
Screeningandveri?cation
File a caseforinvestigation
End ofinvestigationandsummaryFormalsurvey
7.3 Data Security and Privacy Protection
As a high - tech multinational enterprise with international in?uence in the ?elds of communication, new energy, and oceanengineering, data security and privacy protection are not only fundamental guarantees for our business operations but alsocrucial elements for achieving sustainable development and enhancing market competitiveness.
Improving the Governance System
ZTT has established an information security management organization with the technology committee as the governance layer.Under this structure, the Digital Department and the Information Security Group have been set up to collaboratively implementthe management objectives of privacy protection and data security.
Establishing Monitoring MechanismsThe company regularly conducts comprehensive risk assessments of its internal information management systems, and carriesout quarterly information security inspections and emergency preparedness drills covering physical environment, communica-tion network, regional borders, computing environment, etc., to proactively prevent potential cybersecurity risks. Based on theassessment results, we formulate security policies covering multiple levels such as access control, data encryption and intrusiondetection. During the reporting period, ZTT carried out information security audits on 21 units, penetration tests and vulnerabilityscans on 99 systems, and no information security incidents were recorded.
The company strictly complies with all relevant domestic and international laws and regulations, and updates its informationsecurity management systems on a timely basis. A data and privacy compliance management system has been established,centered on the “Compilation of Information Security Management Systems (FY2024)”. We incorporate data security require-ments into the entry conditions for suppliers, clarify their responsibilities and obligations in data protection, and work togetherto build a robust data security protection network.
Ongoing sensitization exercises
During the reporting period, the company organized 15 information security training sessions for digital o?cers and required digitalo?cers from each unit to conduct secondary training within their respective units.
Our company ?rmly grasps the three key elements of people, systems, and technology in information security management. Duringthe process of enterprise digital construction, information security follows the three - synchronous principles of synchronousplanning, synchronous construction, and synchronous use. We organize an information system level protection (Level 3) assessmenton an annual basis. During the reporting period, the company achieved a score of 87.08 points in the annual evaluation.We have established a dedicated privacy position to oversee the legality and transparency of data processing activities. From themoment of data collection, we ensure that every step of the process meets the strict requirements of the GDPR. Customer data iscollected based on explicit consent and for clear, limited purposes. We have also implemented a convenient mechanism to respondto data subject rights requests, enabling customers to easily exercise their rights to access, rectify, and delete their data.
Supply Chain Data SecurityWe assist our suppliers in establishing a comprehensive data security management system by providing full - scale technical supportand training, ranging from data categorization and hierarchical protection to emergency response for data leakage. Additionally, wehave implemented a strict monitoring mechanism to regularly review our suppliers' data security management practices, ensuringthat they consistently meet our high standards.
Customer Privacy Protection
Our service philosophy centers on "customer ?rst," and we integrate privacy protection into every aspect of our business processes.At the design stage of our products and services, we embed privacy protection and adhere to the "privacy by design" principle. Duringthe data collection process, we strictly follow the principle of data minimization, collecting only the data necessary to provide servicesto our customers.2024
Number of com-plaint incidentsinvolving leakageof customerprivacy
Number ofincidents ofviolation ofclient privacy
Number ofincidents penalizedby regulators forprivacy breaches
Technical CommitteeDigital DepartmentInformation Security GroupCore information security management and
technical team of 7 members
ISO 27001 ZTTManagement System Certi?cation
Organizational structure ofinformation security management
1.Database Security Defense
2.Application System Security Defense
3.Server Security Defense
4.Network Security Defense
5.Basic Information Security Defense
6.Group - wide Threat Perception and Monitoring
7.Government - organized Attack Defense Drills
and Vulnerability Testing
Information security three-dimensional defense model
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
Appendices
8.1 Assurance Statement
.
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
8.2 Reporting Statement
Purpose of the Report
The purpose of the report is to systematically disclose the management concepts, practice progress and performance of ZhongtianTechnology Group Co., Ltd. (hereinafter referred to as "ZTT Group") in the areas of environmental, social and governance (ESG), andto respond to the stakeholder concerns and expectations on the company's sustainable development e?orts. Through the release ofthe report, the company hopes to strengthen communication and engagement with all stakeholders, enhance disclosure transparen-cy, and showcase the solid actions and achievements of ZTT Group in promoting high-quality development and ful?lling socialresponsibility across its core business areas of telecommunication, power, renewable energy, and marine system.Reporting Scope and TimeframeOrganizational Scope：
Unless otherwise stated, the report covers the headquarter of ZTT Group, all a?liated holding subsidiaries, and major operationalentities. The organizational structure and coverage are consistent with the company's annual report.For the abbreviations of the company names mentioned in the report, please refer to the following table for the correspondingsubsidiaries of ZTT Group:
Zhongtian Submarine CableZhongtian Technology Submarine Cable Co., Ltd.Zhongtian Aluminum WireShanghai Zhongtian Aluminium Wire Co., Ltd.Zhongtian IndiaZTT INDIA PRIVATE LIMITEDZhongtian MoroccoZTT MAROC SARL AUZhongtian IndonesiaPT ZTT CABLE INDONESIA
Timeframe:
The report mainly discloses ESG-related information for the period from January 1, 2024 to December 31, 2024. In order to ensuredata continuity and comparability, some of the content may be traced back to previous years or extended to the latest developmentin 2025 as needed.Publication Cycle:
ZTT Group publishes its ESG report on an annual basis, and this marks the 21st consecutive report published by the company.
Zhongtian BrazilZTT DO BRASIL LTDAZhongtian Turkey
DEM?RER KABLO TES?SLER? SANAY? VE T?CARETANON?M ??RKET?
Data Sources and AssuranceThe data and information disclosed in the report are primarily sourced from ZTT Group’s internal management systems, datacollection, and publicly disclosed documents across various functional departments and business segments. The company ensuresthe authenticity, accuracy, and completeness of the information through a sound internal control mechanism and multi-level reviewprocesses. During the reporting period, we also engaged quali?ed third-party institutions to conduct data veri?cation and assuranceto enhance the report’s transparency and credibility.Feedback & ContactZTT Group welcomes all stakeholders to provide feedback and suggestions on the content of the report to help the company continu-ously improve its ESG management and the quality of sustainability disclosure. If you have any comments or suggestions, please contact us through the following channels:
Email: zttcb@ztt.cn Address: No. 88, Qixin Road, Economic and Technical Development Area, Nantong City, Jiangsu Province, P.R. China
Forward-looking StatementsSome contents of the report contain forward-looking statements, including but not limited to the company's future strategies,business development plans and ESG objectives. Such statements may be a?ected by multiple factors such as the macro-environ-ment, industry changes and the company's operations, and the actual results may di?er from the expectations. ZTT Group will updaterelevant contents in a timely manner according to the progress and does not assume legal liability for such forward-lookingstatements.
Guidelines No. 14 of Shanghai Stock Exchange for Self-Regulation of Listed Companies—Sustainability Report (Trial);SASB Hardware Industry Standard;United Nations Sustainable Development Goals (UN SDGs);IFRS Sustainability Disclosure Standard IFRS S2: Climate-related Disclosures.
Reporting BasisThe report is prepared in compliance with the requirements of the Global Reporting Initiative Standards (GRI Standards). Meanwhile,it is developed with reference to the following mainstream international and domestic sustainability reporting standards andframeworks, aiming to comprehensively, objectively, and transparently disclose ZTT Group’s ESG performance and managementpractices. The speci?c standards include:
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
8.3.1 United Nations Sustainable Development Goals (SDGs)
8.3 Index Table
8.3.2 Content Index of GRI Sustainability Reporting Standards (GRI Standards)
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
| SDGs | Location | SDGs | Location |
Action
ActionAction
ActionAction
ActionStandards.
Standards.
Disclosure
Disclosure
7-10
39-46
| 39-46 | ||
| 47-48 | ||
| Governance | ||
| 54 | ||
LocationReason for omission
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
| 55 |
| 55 |
| 55 |
| 55 |
| 55 |
| / |
/
| / |
| 75 |
| 75 |
| 68 |
| 17 |
| 65 |
| 10 |
| 17 |
| 39 |
| 18 |
| 19 |
| 16 |
| 16 |
24-25
| 41-42 |
| / |
community
community/
| / |
| / |
| / |
52-54
| 52-54 |
| / |
67-68
| 67-68 |
| 67-68 |
3-4
67-68/
/
/
| 65 |
| 65 |
/33-36
| 33-36 |
| / |
| / |
| / |
| 28 |
| 29 |
| 29 |
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
| 29 |
| 30 |
| 30 |
| 30 |
| 30 |
| 30 |
| 31 |
| 31 |
| 31 |
32-33
32-33
| biodiversity | |
| / |
/
| 23-26 |
| 26 |
| 26 |
| / |
| / |
| 26 |
| / |
/
| 31 |
| 31 |
| 31 |
| 31 |
| 31 |
| 31 |
51-52
| 51-52 |
| 51-52 |
/
| 39-51 |
| 43 |
41-42
43-44
| 43-44 |
| / |
49-50
| 49-50 | |
| 49 | |
| investigation |
51-5249-51
| 49-51 |
| 51-52 |
49-51
| 50 |
| 45-52 |
45-46
| 45-46 |
| 46 |
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
| 43-44 |
| 44 |
| 44 |
| 39 |
| 39 |
| 49 | |
| procedures |
| / |
| / |
| 55 |
| 55 |
| 55 |
53-54
| 53-54 |
| 53 |
| 53 |
/
| / |
| / |
56-59
56-59
| 57 | |
| labeling |
communications69-70
69-70
8.3.4Content Index of Guidelines No. 14 of Shanghai Stock Exchange for Self-Regu-
lation of Listed Companies—Sustainability Report (Trial)
8.3.3 Content Index of SASB Standards (SASB)
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
TC-HW-230a.1
| Security | |
| Inclusion | TC-HW-330a.1 |
Management
| TC-HW-410a.1 |
| TC-HW-410a.2 |
| TC-HW-410a.3 |
| TC-HW-410a.4 |
Management
| TC-HW-430a.1 | |||
| TC-HW-430a.2 | |||
| Sourcing | TC-HW-440a.1 | chains |
Metric
Background
| TC-HW-000.A |
| TC-HW-000.B |
Background
Background
Topic
LocationCode
TC-HW-000.C
Innovation-driven
Innovation-drivenEmployees
EmployeesIntegrity
| Integrity |
| Integrity |
Open-ended questions:
What is your overall evaluation of the report?Which part of the report interests you the most?What information not re?ected in the report would you still like to obtain?What suggestions do you have for the company's future ESG management and information disclosure?
For more corporate information, please visit the company's o?cial website: www.ztt.cn Feedback email: zttcb@ztt.cn
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If convenient, you are welcome to provide your personal information.
Jiangsu Zhongtian Technology Co., Ltd.Environmental, Social and Corporate Governance (ESG) Report 2024
workersIntegrity
| Integrity | |
| anti-competitive | Integrity |
8.4 Reader Feedback
Dear Reader:
Thank you for reading the Environmental, Social and Governance (ESG) Report of ZTT for the year of 2024. We sincerely invite you toprovide your valuable comments and suggestions on the report to help the company continuously enhance its ESG disclosure practic-es and constantly advance its ESG management.To this end, we have prepared a feedback form which we cordially invite you to complete and return to us. Your support and participa-tion are vital for us to improve and re?ne our ESG related work. Thank you!
Multiple-choice questions (please tick “ ? ” in the designated areas)
Options
This report comprehensively and accurately re?ects the company's signi?cantimpacts on the economy, society, and environment.The information, indicators and data disclosed in the report are clear,complete and accurate.The language description, content arrangement and graphic designof the report are clear and easy to read.
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