ESG REPORT
2021
INNNOVATIVE TECHNOLOGY FOR THE FUTURE
CONTENTS
ESG REPORT 2021
RISK DISCLAIMER
ABOUT THE REPORT
MESSAGE FROM THE CHAIRMAN
CORE VALUES
? ABOUT FIRST
Development History
Industry Status
三 SOCIAL RESPONSIBILITY MANAGEMENT
Social Responsibility ManagementCommunication with Stakeholders
四 CARING FOR EMPLOYEES
Attracting and Keeping PersonnelVocational DevelopmentVocational Health and SafetyVaried Life
五 CARING FOR THE ENVIRONMENT
Green IndustryGreen ProductionManagement of "Three Wastes"Environmental Awareness
Innovative Research and Development
Corporate GovernanceProtection of Shareholders' Rights and InterestsProtection of Stakeholders' Rights and Interests
Public Benefit ActivitiesEpidemic Aid
About First
? SUSTAINABLE ECONOMIC GROWTH
六 CARING FOR SOCIETY
HANGZHOU FIRST APPLIED MATERIAL CO., LTD.
March 2022
〝Note to Reader〞
This report is mainly a summary of past achievements in corporate social responsibility. Some chapters may contain forward-looking or aspirational statements.This statement, which is included in the "Message from the Chairman" and in the individual chapter summaries, is FIRST prediction of future events based oncurrent circumstances and best judgment estimates. These statements with uncertain risks should not be relied upon as a primary investment basis, and FIRSTdisclaims any legal responsibility for the content of such forward-looking or prospective statements.In addition to the contents of this report, readers and investors should mainly consider other documents disclosed by First Co., Ltd. to the Shanghai Stock Exchange.This report is published in both Chinese and English versions. If there is any discrepancy in the data, please refer to the disclosed Chinese version of the report.
RISK DISCLARIMER
IntroductionThis is the first ESG report released by Hangzhou First Applied Material Co., Ltd.Based on the principles of openness and transparency, this report discloses in detailthe practices and performance of Hangzhou First Applied Material Co., Ltd. in theareas of economic, environmental, social and corporate governance responsibilitiesin 2021 and previous years. The report covers issues of economic, environmentaland social sustainability that are of concern to important stakeholders.Guidelines for PreparationThis report is prepared in accordance with the requirements of the Shanghai StockExchange's "Guidelines for Environmental Information Disclosure of ListedCompanies", and refers to the Global Reporting Initiative (GRI) "SustainabilityReporting Guidelines", the international standards organization IS0 26000:2010"Social Responsibility Guidelines", Chinese National Standard GB/T 36001-2015"Guidelines for Compilation of Social Responsibility Reports".
Scope
This report applies to Hangzhou First Applied Material Co., Ltd. and its wholly-owned and controlled subsidiaries, consistent with the scope of the annual report.
ABOUT
THE REPORT
Time Range of the ReportThe statistical period is from January 1 to December 31, 2021. In some parts,data beyond such period is included.Date Source
The data disclosed in this report comes from the periodic report and theinternal statistics of the company. If the data is different, please refer to thedisclosed periodic report. FIRST promises that the contents in this report arefree from any false record, misrepresentation or major omission and isresponsible for the authenticity, accuracy and completeness of its contents.Availability of the Report
The report can be directly downloaded by visiting the official website ofHangzhou First Applied Material Co., Ltd. (www.firstpvm.com) and ShanghaiStock Exchange (www.sse.com.cn).Contact InformationHANGZHOU FIRST APPLIED MATERIAL CO., LTD.No.8 Fusite Street, Linan, Hangzhou, ChinaTel: 0086-571-61076968E-mail: first-zqb@firstpvm.comWeb: www.firstpvm.com
Since its establishment, the company has been focusing on the research and development, production and sales of functional materials, and its businessscope covers photovoltaic materials, electronic materials and functional film materials. The company has been focusing on accumulating the experienceand ability of product formulation, production process and equipment research and development, in order to promote the localization of key materialsfor the new energy industry and electronic industry.We are living in an era of rapid change and unpredictability. Advances in technology and changes in the environment have led to huge challenges in allwalks of life around the world. The only way for us to survive is to constantly adapt and embrace these changes, starting from the needs of the market,and developing products that can bring great value to customers and society. Through R&D and innovation, we can drive the built-in power of thecompany, so that the company's foundation can be evergreen and sustainable.In the future, the development of the company will be more closely linked with the interests of the majority of investors. We will adhere to theorientation of shareholders' interests and strive to create maximum value for shareholders. We will accelerate into the development phase with yoursupervision and support. FIRST will use the capital market as a higher platform to lead the development of the industry by means of resource integrationand continuous technological innovation, and strive to create better performance, so as to return the trust of investors and give back to our society.
MESSAGE FROM THE CHAIRMAN
Hangzhou First Applied Material CO., Ltd.
Signature of the Chairman:
CONCEPTEfficiency, Excellence, Customer first;Modesty, Studious, Team spirit;Integrity, Equality, Caring for others.
MISSIONProduce excellent products with innovativetechnology and hard work to meet the needsof the environment and society. Creatingvalue for customers and society.
INNOVATIONEncourage continuous innovation andactive practice in product technologyresearch and development, increasingproductivity and optimizing workflow.
!
CORE VALUES
VISIONBecoming a globalized and technologicallyexcellent enterprise with brand advantages,sustainable innovation and development.
Summary
oHANGZHOU FIRST APPLIED MATERIAL CO., LTD.（Abbreviation: FIRST, Code: 603806）
and its subsidiaries are the world's leading companies in PV packaging materials
oFIRST has advantages in technology research and development, scale and brandoFIRST provides PV Film, PV Backsheet, Dry Film Photoresist and other products or technical
services
Main Content
o About FIRSTo Development Historyo Industry Statuso Innovative R&D
ABOUT FIRST
Hangzhou First Applied Material Co., Ltd., headquartered in Lin'an,Hangzhou, is a high-tech enterprise focusing on the R&D, production andsales of new materials. FIRST was listed on the Shanghai Stock Exchangeon September 5, 2014, stock code: 603806. We have a number ofsubsidiaries in Hangzhou, Changshu, Thailand, Chuzhou, Jiaxing,Jiangmen, Anji, Shenzhen, Beijing, Hong Kong and other places, which areengaged in photovoltaic materials, electronic materials and functional filmmaterials.FIRST is the world's largest PV film company, with a global market share ofmore than 50%. We have a wide range of PV film products, covering thediverse needs of different technical routes such as Polycrystalline siliconsolar cell, Single crystalline silicon solar cell, Thin-film solar cell, Double-glass module, Double-sided cell, etc, it can fully adapt to and meet thediverse needs of downstream high-efficiency and high-reliability modulesfor packaging materials. In the meantime, based on its own commontechnology platform and years of R&D investment, the company hasdeveloped businesses in the field of electronic materials. At present, it hassuccessfully launched Dry Film Photoresist, FCCL and other electronicmaterial products, and has completed industrial development one afteranother.In the future, we will continue to focus on the main business of newmaterials and strive to become a world-class material supplier.
ABOUT FIRST
HangzhouHeadquarterEstablished timeEmployeesMain Business
20032997PV MaterialElectronic MaterialFunctional Film Material
1994
Lin Jianhua, the founder of the company, began to develop andproduce Hot Melt Ahhesive Film, which filled the domesticsupply chain and broke the monopoly of Japanese enterprisesin the domestic market.
2009
After completing the shareholding reform, FIRST changedits name to "Hangzhou First PV Material Co., Ltd." andstarted the listing process. In the same year, PV backsheetwas launched to the market.
The predecessor of the company, Hangzhou First Hot Melt FilmCo., LTD., was established, and began to develop EVA solar cellfilm, formally entering the PV industry.
2014
First was officially listed in Shanghai Stock Exchange.Stock Abbreviation: First Stock Code: 603806
Development History
2003?Past, We build a solid foundation with
technology and innovation.
2017
Officially changed its name to "Hangzhou First AppliedMaterial Co., LTD.", committing to becoming acomprehensive material company.
2015Decided to carry out the construction of DryFilm Photoresist, FCCL, PSPI, AluminiumLaminated Film, Organosilicon PackagingMaterial and other new materials.
2020Started the construction of chuzhou and Jiaxingproduction base to accelerate the capacityreserve of PV packaging material.
FUTUREWe will firmly implement the developmentstrategy of "based on the main PV industry andvigorously develop other new material industries"to create a new chapter of development.
2021
Started the construction of production base in Jiangmen,
Guangdong province to accelerated the capacity reserve of
electronic material and other materials.
?In the future，FIRST continues to focus on the research and development of new materials, to be a world-class material supplier.
Industry Status
PV Material
The world's largestPV film supplier, witha global market shareof more than 50%.
Electronic MaterialCommitted to promoting thelocalization of key electronicmaterial, becoming a leadingbrand of domestic-fundedDry Film Photoresist supplier.
Member of the board of directors of CHINA PHOTOVOLTAIC INDUSTRY ASSOCIATION (CPIA)The executive director unit of CHINA PRINTED CIRCUIT ASSOCIATION (CPCA)One of the MSCI China Index constituent stock
PV business：Hangzhou, Changshu, Thailand,Chuzhou, Jiaxing, Beijing, JiangshanElectronic Material business：Hangzhou, Anji,Huizhou, Shenzhen, Kunshan, Jiangmen, JianOther business: Hangzhou, Hong Kong
As a platform-based technology company positioned as a new materialdeveloper, First has been deeply engaged in the field of PV materials fornearly 20 years since it successfully developed EVA film in 2003, and hascarried out in-depth research on the formulation, process and equipment ofPV film and backsheet, which has a strong endogenous power. In recentyears, with the strategic implementation of the company's expansion of newmaterial product systems based on key common technology platforms, Firsthas developed new material products such as Dry Film Photoresist, FCCL,PSPI, Aluminium Laminated Film, and Membrane Support Fabric. Someproducts have completed industrialization development and landed seedcustomers. In the future, we will firmly implement the development strategyof "based on the main PV industry and vigorously develop other newmaterial industries", and is committed to realizing the localization of morekey new materials through technological innovation.
Innovative R&D
国家级博士后科研工作站
浙江省光伏封装材料工程技术研究中心
浙江省青山湖
创新载体
Qingshan LakeInnovation Center ofZhejiang Province
浙江省重点企
业研究院
Emphasis Enterprise
Research Institute
of Zhejiang
CNAS检测中心
CNAS Testing
Center
R&D platform
We have built the FIRST Advanced Material R&D Institute, equipped with advanced experimental instruments andtesting equipment, and built a constant temperature and humidity clean laboratory, with the following qualifications:
Zhejiang Photovoltaic
Packaging MaterialEngineeringTechnology Research
Center
NationalPostdoctoralProgram
National EnterpriseTechnology Center
R&D input454 million RMB(3.53% of operatingincome)
R&D personnel
108 people with master'sdegree or above
(3.60% of total employees)
444 technicians(14.81%of total employees)
R&D patentPatent:
Apply for 434 entriesAuthorization is valid for161 items
Utility Model patentPatent:
Apply for 96 entriesAuthorization is valid for 70 items
R&DfeaturesRelyingontheunderstandingofproductformulationandproductionprocess,thecompanyhasdetailedpolymerprocessingtechnologiesoveringthewholeprocessflowofcastingextrusionprocess,precisioncoatingprocess,controllablecross-linkingprocess,andpolymerheterogeneousinterfacebondingprocesses.FIRSThastheindependentresearchanddevelopmentcapabilitiesofthecoreequipmentoftheindustrialchain,andtheindependentdevelopmentcapabilitiesoftheintelligentmanagementsystemofthewholeprocessofproductionandqualitycontrol.Meanwhile,FIRSTisoneofthefewhigh-techenterprisesintheindustrywithindependentresearchanddevelopmentcapabilitiesfortheentireindustrychain.FIRSTpurchasescustomizedpartsfromsupplierstoassembletheproductionline.Ontheonehand,theinvestmentcostwillbelowerthanthatofcompetitorswhopurchasetheentireproductionline,ontheotherhand,itensurestheproductionefficiencyofproductsandimprovesitsownprocesscontrolability.Anditcaneffectivelypreventtheproliferationofcoretechnologiesandprocesses,andmastertheautonomyoftechnologicalupgrading.
R&D platform
Summary
oFIRST has always insisted on operating transparency, focusing on shareholders' rights andinterests, and engaging a sound and effective board of directors as the basis for corporategovernance
oThe board of supervisors is responsible for supervising the behavior of the directors and
management, and the financial affairs of the companyoUnder the leadership of the board of Directors, the operating management of FIRST is fully
responsible for the daily operation and management activitiesMain Content
oCorporate GovernanceoProtection of Shareholders' Rights and InterestsoProtection of Stakeholders' Rights and Interests
SUSTAINABLE ECONOMIC GROWTH
Corporate Governance
股东大会Supreme authority
总经理
Be responsible for the dailyoperation and managementof the company
董事会Daily policy-making body监事会
审计委员会提名委员会
10 times10 times11 times129 times6 times
supervisoryboardmeetings
specialcommittees
temporaryannouncements
boardmeeting
shareholders'meetings
4 times
Periodicreports
2021
Listedcompany
·Asset independence·Business independence·Personnel independence·Financial independence·Institutional independence
Organization Structure
Majorshareholder
Shareholders'meeting
Board ofDirectors
GeneralManager
Supervisory
Board
Oversight Body
AuditCommitteeNominatingCommittee
Compensationand Appraisal
CommitteeStrategy andInvestmentCommittee
FIRST in strict accordance with the "Company Law", "Securities Law", "Governance Guidelines for Listed Companies","Shanghai Stock Exchange Listing Rules"and the China Securities Regulatory Commission and other relevant departments of therelevant laws and regulations, as well as the requirements of the normative documents, to strengthen Information disclosure, constantlyimprove the corporate governance structure, establish and improve the internal management and control system, standardize the company'soperation, and ensure the maximization of the shareholders' interests.
Shareholders' meeting
The highest authority of thecompany
Board of DirectorsThe Board of Directors is the company's daily decision-making body, and consists of four special committees:
Strategy and Investment Committee, Compensation andAppraisal Committee, Nomination Committee and AuditCommittee. The board of directors is responsible to the generalmeeting of shareholders, reviews and makes decisions onmajor issues in the company's business activities, or submits itto the general meeting of shareholders for deliberation
Supervisory Board
The board of supervisors isresponsible for supervisingthe behavior of the directorsand management, and thefinancial affairs of thecompany
General Manager
The general manager of thecompany is appointed by the boardof directors. Under the leadershipof the board of directors, he is fullyresponsible for the daily operationand management activities of thecompany.
Protection of Shareholders'
Rights and Interests
Protection of Supplier's rightslFIRST has established "Procurement Control Procedures" and "Supplier
Management Control Procedures" to further standardize the suppliermanagement process.lFIRST has advanced customs AEO certification qualification, and will conduct
a comprehensive evaluation according to the customs advanced certificationstandard when screening business partners, and focus on the evaluation ofcompliance and trade security.lFIRST regularly reviews and assesses qualified suppliers to ensure the
traceability of their qualifications and historical product quality files.lFIRST has established a supplier integrity system. Prior to important
procurement activities, suppliers will receive the "Integrity and Self-Discipline
Notification Letter" from FIRST. The company only conducts bidding activities
in some of the supply chain links that have met the conditions to ensure the
fairness and impartiality of supply chain management.
Protection of Stakeholders'
Rights and Interests
Customer First is one of the core values of FIRST'scorporate culture. Winning the trust of customers andmaintaining long-term cooperative relationships areimportant cornerstones of the company's development. Wealways adhere to the principle of customer orientation andare committed to providing excellent service to ourcustomers. FIRST creates value for customers through long-term unremitting efforts. In the long-term and stabledevelopment of cooperation with customers, we haveestablished good relations with customers, won the trust ofmany customers around the world, and finally formed awin-win model between the company and customers.
Customers' rights protection
FIRST has established a complete quality management system and process control system to ensure productquality and create value for customers.
System Certification
FIRST has passed the IS09001 Quality Management System Certification, clarified job responsibilities andwork instructions for each process, and established strict internal control indicators. The whole process of productformation has strict quality control and supervision.Process Control
FIRST is equipped with advanced testing equipment, and carries out strict quality control over the steps of rawmaterial inspection, process inspection and finished product inspection. Our product quality is stable, and customersatisfaction has reached expectations.After-sales Service
FIRST has formulated the "Customer Complaint Management Procedure" and "Quality ResponsibilityManagement System", and established an efficient and effective after-sales service system. The sales departmentwill timely and accurately deal with all kinds of problems and complaints raised by customers, understand theproduct quality and service status on site, ensure that the processing results can be satisfied by customers, andanalyze the reasons for this time for future improvement.
Quality Learning
In order to strengthen the quality control of the production process and improve the employees' work qualityawareness, FIRST has been organizing training courses on relevant quality awareness, process requirements,equipment knowledge, etc. from time to time. Generally, the company's internal trainers or external lecturers areresponsible for skills training. In order to improve the effect, various forms and methods are often used in training.The company will continue to inspect the follow-up work and evaluate the training effect.
Protection of Stakeholders'
Rights and Interests
Summary
oAs a listed company with international operations, FIRST strictly abides by laws and regulationsin corporate governance, financial accounting, transparent audit reports and other aspects
oWe abide by the international laws, regulations and rules where we operateoBe ethical, safe, do not harm the environment, and ensure that employees are treated fairly
Main Content
oSocial Responsibility ManagementoCommunication with Stakeholders
SOCIAL RESPONSIBILITY
MANAGEMENT
EqualityWe adhere to the people-oriented philosophy,safeguard human rights, and treat every employeeand partner equally.
Based on years of practical experience in corporate socialresponsibility, FIRST has put forward the guiding ideology of"parallel development of social responsibility and benefit" throughcareful analysis and summary, rational planning and design, andestablished and gradually improved the social responsibility system.We adhere to the principles of integrity, equality and interaction, andactively promote and improve the communication and participationmechanism of stakeholders. We actively build a platform forcommunication with stakeholders and encourage them to participatein the company's responsibility fulfillment practices, so as topromote the coordinated development of economic growth,environmental protection and social progress.
Socialresponsibilitymanagement
InteractionWe focus on communication with stakeholders,fully understand their expectations and take activemeasures.
Honesty
We operate with integrity, pay taxes in accordancewith the law, protect society, the environment andnatural resources, and ensure the sustainabledevelopment of the company.
Communication with Stakeholders
Types ofstakeholders
Customer
Employee
Shareholder
Supplier
Government
Sociology
Environment
Communication
objective
·sales/technical support team·quality management department
·all employees
·shareholder
·supplier
·national and local NDRC,Economy and InformationTechnology, Excise Office,General Administration ofCustoms, MinistryEnvironmental Protection·national and local industryassociations
·print media:
newspapers,magazines·electronic media:
Internet, wechat,TV
·living park
Communicationform
·construction of customer servicesystem·new product release conference·producing high-quality products·rapid improvement of qualityissues
·comply with company rules and regulations,relevant laws and regulations·workers Congress·improve the compensation and welfaresystem·conducting various learning and trainingprograms·protect the occupational health and safety ofemployees·employee care
·general meeting of shareholders·periodic reports and announcements ofthe company·strengthen risk monitoring, preventionand response
·supplier conference·to host or participate inindustry seminars
·compliance management·pay taxes according to law·to strengthen environmentalprotection and management
·cultivation of talents·cooperation on projects·charity care
·comply with lawsand regulationsrelated toenvironmentalprotection·energy conservation
Stakeholders
expectation
· notification of information· improvement of business ability·product safety·high quality of service·meet diverse product needs
·protection of basic rights and interests·democratic management·career development·occupational health and safety·excellent office environment·work-life balance
·understand the company's operatingstatus and basic rights protection
·fair competition
·compliance with laws andregulations·pay taxes according to law·to protect the environment
·promote employment·promote thedevelopment of streetsand communities·caring for vulnerablegroups·poverty alleviation anddisaster relief
·reduce energyconsumption·actions to improvethe environment·sustainabledevelopment
Follow with
interest
·customer satisfaction·Innovation management·competitive advantage in theindustry·control of product quality·protection of confidentialinformation·code of Business Ethics
·employee benefits and treatment·potential for future growth·competitive advantage in the industry·talent retention policy·training and education of employees·employee's physical and mental health·professional development of employees·corporate governance
·outlook of the photovoltaic industry·competitive advantage in the industry·continued improvement in profitability·continued improvement in profitability·corporate strategy·R&D goals and progress·the impact of international tradefrictions
·quality, price, delivery,service·regulatory compliance·code of Business Ethics·sustainable behaviormanagement of suppliers·anti-corruption
·potential for future development·outlook of the photovoltaicindustry·competitive advantage in theindustry·pollution Prevention·continued improvement inprofitability·innovation management
·corporate governance·economic benefits·innovation management·anti-corruption·social participation·external cooperation
·conservation ofbiological diversity·pollution prevention
Combined with the actualsituation, FIRST hasoutstanding performance in8 aspects of the "UnitedNations SustainableDevelopment Goals".
UN's Sustainable andDevelopment Goals
GOOD HEALTH AND WELL-BEINGIn order to ensure a healthy lifestyle for employees, FIRST willpay attention to the physical and mental health of employees,andwill also actively care for and help disadvantaged groups insociety.Disabled employees of FIRST account for 1.25% of thetotal employees.
QUALITY EDUCATION
FIRST set up the "FIRST Love Student Fund" to
help poor students to complete their studies.
PARTNERSHIPS FOR THE GOALSFIRST has customers and suppliers all over the world. FIRST insists onproviding customers with high value-added products to create value forcustomers. FIRST and suppliers have established long-term strategicpartnerships to ensure the security and stability of the supply chain.
GENDER EQUALITY
Among the 7 directors of the company's fifth board of directors,2 are female directors, and 3 of the 6 senior executives who areconcurrently held by the company's non-directors are femaleexecutives. Female employees of FIRST account for 23.99% ofthe total employees.
DECENT WORK AND ECONOMIC GROWTH
Through the continuous development of the business, FIRST providesemployees with stable employment positions and a salary system rich inincentive mechanisms. FIRST cares about employees, and understands theideological dynamics of employees through a series of activities such asseminars with employees.
NO POVERTYRelying on the advantages of its own photovoltaic industry, FIRSTconducts targeted poverty alleviation through the establishment ofdistributed solar power stations for welfare homes, nursing homesand poverty-stricken areas for free.
RESPONSIBLE CONSUMPTION AND PRODUCTIONFIRST actively implements the concept of lean production management, andactively improves production quality and cost management. FIRST sets cost-saving targets for key departments every year, and increases per capitaefficiency by improving the level of production process control.
CLIMATE ACTIONThe photovoltaic industry that FIRST is engaged in is animportant part of new energy, which belongs to renewable energy.Through technological innovation and cost reduction andefficiency enhancement, FIRST provides the most cost-effectivepackaging materials for the photovoltaic industry.
NO POVERTY· FIRST donated photovoltaic equipment worth 600,000 yuan to theShibing County People's Government through the Lin'an Red CrossSociety. The construction of photovoltaic power generation projectscan help Shibing County Micro-Business Incubation Park to saveenergy and reduce emissions; at the same time, it will drive ShibingCounty to build industrial and commercial roofs to improve thecomprehensive utilization of solar energy.
RESPONSIBLE CONSUMPTION
AND PRODUCTION
· FIRST actively implements the concept of lean productionmanagement, encourages all employees to carry out technologicalinnovation and cost-saving activities, and rewards outstandingteams and individuals every year.
CLIMATE ACTION
· Based on the main business of photovoltaic packagingmaterials, the company provides the most cost-effectivepackaging materials for the photovoltaic industry bytechnological innovation, reducing costs and increasingbenefits.
DECENT WORK AND ECONOMIC GROWTH
· FIRST cares for its employees. FIRST understands theideological dynamics of employees through a series ofactivities such as new employee symposiums, and focuseson solving problems that employees care about in work.
QUALITY EDUCATION
· FIRST set up the "FIRST Love StudentFund" to help poor students to complete theirstudies.
GENDER EQUALITY·FIRST holds various types ofactivities on March 8th Women's Dayevery year.
Social Responsibility
GOOD HEALTH AND WELL-BEING·Respecting and loving the elderly is a precious spiritualwealth handed down by our ancestors. In order to practiceand carry forward the traditional virtues, FIRST regularlyconducts special condolence activities for the elderly in thenursing home of Changshou Homeland.
GLOBAL PARTNERSHIP
· FIRST actively participates in industryexhibitions every year to strengthencommunication with customers and suppliers.
FIRST
Summary
oFIRST always believes that only by giving employees a macro vision and a broad stage, allowingthem the opportunity to realize their personal dreams, can they enjoy work and life, and have abetter futureoFIRST has always been adhering to the people-oriented concept, ensuring that employees canreceive fair treatment, good health, and opportunities for continuous self-improvement, therebypromoting the company's economic development and enhancing the company's social influence
Main Content
oAttracting and Keeping PersonneloVocational DevelopmentoVocational Health and SafetyoVaried Life
CARING FOR EMPLOYEES
Attracting and Keeping Personnel
Pay Policy：
FIRST follows the salary concept of "adhering to fairnessand order, adapting to the market environment, reflecting thevalue of talents, and playing an incentive role" to promotethe sustainable development of the company and achieve awin-win situation for employees and the company.
?Adhering to the concept of "focusing on position value, guided by
performance and contribution", FIRST regards the labor value, abilitycontribution and performance results of the position as the main basisfor salary distribution.?Adhering to the concept of linking "ability, contribution, performance
and salary level", FIRST has established a normal salary adjustmentand promotion system to encourage employees to become talentsbased on their own positions.?Adhering to the concept of "orderly and sustainable development",
FIRST links employees' remuneration levels with the company'soverall income, so as to realize the common development ofemployees and the organization. Through continuous improvement ofthe performance appraisal system, salary and welfare system, trainingmanagement system, and employee development and promotionchannels, FIRST guides and motivates employees to improve anddevelop, so as to achieve the goal of employees growing in work,harvesting in growth, and developing harmoniously with thecompany.
Staff Structure
2.30%salesman
14.81%
artisan
1.03%
financial personnel
11.88%administrative personnel
production personnel
69.97%
FIRST adheres to the people-oriented concept and attaches greatimportance to the optimization oftalent structure and managementorganization. FIRST values the lifeand occupational health and safetyof its employees. FIRST caresabout the life of employees andprovides loving assistance toemployees in need.
Employee Care
Vocational Development
"Humble, studious, team spirit" is one of the FIRST core concepts.The important way to build a corporate culture and show the coreconcept of an enterprise is to "create a learning organization".
FIRST pays attention to the careerdevelopment of employees, formulatesreasonable development channels, providescomprehensive promotion resources andestablishes special retention system.
"Xinya" Program
It is a learning enhancement project plannedfor fresh graduates.
"Qingmiao" ProgramIt is a reserve cadre training project plannedfor the talent training and T teamconstruction.
?Around this core idea, FIRST established the "Training Management System".
Our starting point is to improve the capabilities of existing employees andimprove their job competencies.According to the annual human resourcesinventory and personnel competency analysis results, we prepare annualtraining plans year by year, update and improve training development plans,and establish a training management system that is in line with the company'sself-development. In daily implementation, we decompose the annual plan intomonthly plans, and adopt the form of training combining internal and external,and gradually promoting it in depth. According to the different positions,abilities and competencies of personnel, we adopt a hierarchical design and aphased promotion model, and pay attention to the training effect.Through all-staff coverage, full-staff management, and hierarchical organization of trainingmanagement, we create a platform for employees’ improvement abilities andcareer development, ensure the realization of the company's strategicdevelopment goals, and achieve the sustainable development of the company.
"Qingteng" Program
It is a talent reserve project aimed at improvingthe comprehensive management of middle andhigh-level cadres, accelerating the constructionof talent echelon, and promoting the sustainableand rapid development of enterprises.
?Fast development channel：In order to build a fast channel forthe growth of technical talents, attract high-potential talents, andcultivate a group of high-level technical experts, FIRST has set uprapid development projects in the technical sequence. Theemployees of this project will be given more attention and training,at the same time they will be assume more responsibilities, so thatthey can quickly grow into the technical backbone.
In order to improve the comprehensive ability of the company's middlemanagement cadres, we set up the "Qingteng Program", and hire externalexperts to give lectures throughout the project.The project conductsknowledge training and practice transformation for management cadres inall directions and from multiple perspectives.The project adopts themethods of "setting goals", "building plans", "grasping implementation","showing results", and using practical workshops for practical training,which not only allows everyone to actively participate in learning, butalso solves the pain points in the work through the project .This will helpimprove corporate performance and promote the achievement of annualbusiness goals. At present, the first phase has been launched, with a totalof more than 40 participants.
Through regular management courses (such as corporateculture, quality, product knowledge, safety, etc.), generalworkplace courses (such as social etiquette, careerdevelopment, etc.) and Foster online Cloud Universitycourses, combined with outdoor activities, fresh graduatescan quickly adapt to the workplace life, smoothly from"campus people" to "social people". At the same time, it isalso beneficial for the fresh graduates to form a learningexchange circle for college students, which is convenient foreveryone to communicate in work and study.
"Xinya" Program"Qingteng" Program"Qingmiao" Program
Employee Training Program
By carrying out a series of courses, such as safety, quality,lean production, etc., students can systematically andcomprehensively learn management knowledge. We alsoorganized various learning activities such as readingsharing sessions, study tours, and outdoor expansion. Inaddition, we also set up psychology courses, so thatstudents can better devote themselves to work and study,and maintain the ability of lifelong growth. Throughproject study, students can not only learn various aspects ofmanagement knowledge, but also combine theory withpractice, implement a number of improvement projects intheir work, and practically apply what they have learned.
FIRST carries out various occupational disease prevention andcontrol work in strict accordance with the requirements of the"Occupational Disease Prevention and Control Law" according tothe certification of the ISO45001:2018 occupational health andsafety management system that has been obtained. It testsoccupational hazards in the workplace every year, and announces theresults of the test . Every year, FIRST conducts occupational healthexaminations for all employees exposed to occupational hazards andestablishes employee personal monitoring files, regularly distributesindividual labor protection articles to employees to preventoccupational hazards, and establishes a "mood station" to care foremployees' mental health.
VocationalHealth and Safety
Occupational Health
FIRST places great importance to thelife and occupational health and safety ofits employees, providing employees withnecessary production support facilitiesand having formulated an occupationalsafety plan.
StockOwnershipIncentiveEmployee Stock Ownership
In order to establish and improve thebenefit-sharing mechanism for employeesand shareholders, improve the level ofcorporate governance, enhance the cohesionof employees and the competitiveness of thecompany, mobilize the enthusiasm andcreativity of employees, and promote thelong-term, sustainable and healthydevelopment of the company, FIRST willcontinue to carry out the employee stockownership plan.
The first and second phases of the employee stock ownership plan havebeen successfully completed, and the employees have successfully sharedthe dividends brought by the company's rapid growth. The third phase ofthe employee stock ownership plan is in the process of implementation.Our employee stock ownership plan has the characteristics of widecoverage (including middle and senior management personnel,department personnel and front-line employees) and light burden onemployees (the company provides incentive funds and major shareholdersreduce their holdings through targeted block transactions, etc.).
FIRST pays attention to career progress and ability forpersonal development of each employee, and providesvarious equity incentives within the company.
The trade union organization consists of the chairman, the executive vice-chairman, the vice-chairman, the trade union committee member, and thetrade union office. The chairman of the trade union, the executive vice-chairman, the vice-chairman and the committee members of the tradeunion are composed of representatives of employees from variousdepartments who voluntarily join the trade union. The trade union strictlyperforms the functions of maintenance, construction, participation andeducation, and serves the employees wholeheartedly. In 2021, the tradeunion has cared about the lives of employees, harmonious labor relations,and promoted employees to actively participate in activities related to thecompany's business, such as scientific and technological innovation, laborcompetitions, selection and recognition of advanced collectives and labormodels. The trade union carries out various cultural and sports activitiesand builds a talent display platform to enrich employees' spare time life. Inorder to promote union work, FIRST encourages employees to participatein union activities extensively, so as to jointly create a healthy, orderly andvibrant Foster culture.
Varied Life
FIRST establishes trade unions in accordance with nationalregulations, formulates trade union management systems,and implements democratic management to safeguard thelegitimate rights and interests of employees.
Summary
oFIRST not only pays attention to the development of enterprises and the creation of value, but alsopays attention to environmental protectionoOur environmental protection policy emphasizes the efficient use of resources and energy, and thereduction of greenhouse gas and harmful substances emissions
oWe will continue to implement improvement measures and practice the concept of sustainable
development to reduce the impact on the ecological environment, natural resources and climatechange
Main content
oGreen IndustryoGreen ProductionoManagement of "Three Wastes"oEnvironmental Awareness
CARING FOR THE ENVIRONMENT
President Xi delivered an importantreport at the United Nations GeneralDebate Conference, talking about theenlightenment brought by the newcrown epidemic.
Among them, it is pointed out thatChina should improve its independentcontribution capability. Under thepremise of the Paris Agreement,China should further carry out actionsto reduce emissions and controlclimate, and strive to achieve carbonneutrality by 2060. This is a dauntingand complex challenge, and achievingzero emissions is the final goal of theenergy transition.
The main industry of FIRST is the photovoltaic industry. The PV film and backsheet produced by FIRST play a role in encapsulatingand protecting the solar cell modules, which can improve the photoelectric conversion efficiency of the modules and prolong theservice life of the modules. The energy consumed in the production process will eventually be converted into green energy output byphotovoltaic power generation.
2020
9.22
Green Industry
2020
12.12
2021
3.15
President Xi said at the ClimateAmbition Summit that by 2030, thetotal installed capacity of wind powerand solar power in China will reachmore than 1.2 billion kw.
The industry generally predicts that 1.2billion kw is only the lower limit. Theagency predicts that by 2030, theinstalled capacity of wind power andphotovoltaics may be 1.6-1.8 billion kw.As of the end of 2020, the cumulativeinstalled capacity of wind power andphotovoltaics in China is 530 million kw,which means that in the next ten yearsfrom now, the installed capacity of newenergy will increase by 1.07 billion to
1.27 billion kw.
President Xi presided over the ninthmeeting of the Central Financial andEconomic Commission
The meeting pointed out that it isnecessary to build a clean, low-carbon,safe and efficient energy system, controlthe total amount of fossil energy, focuson improving utilization efficiency,implement renewable energy alternativeactions, deepen the reform of the powersystem, and build a new power systemwith new energy as the main body.Energy mainly refers to wind energy,electricity and photovoltaics.
With the global promotion of the concepts of "carbon peaking" and "carbon neutrality", the proportion ofphotovoltaic power generation in the new power system dominated by new energy will increasesignificantly in the future. We will firmly implement the development strategy of "Based on the mainphotovoltaic industry and vigorously develop other new material industries", and will make full use of theadvantages of R&D and cost control to accelerate the production capacity expansion of PV film andbacksheet to consolidate and enhance the company's market share and get growth with the globalphotovoltaic industry. At the same time, We have actively implemented the concept of "solar for solar". Inaddition to building a distributed power generation system on the roof of our own factory, we have alsoopened up a business section to develop various types of photovoltaic power plants.
Green & Beyond
Jiangshan FIRSTAoxing ElectronicsDrainage CompanyGreentown Yuhua
Green Photovoltaic Power Station
Waste water
Our production cooling water isrecycled, and the domesticwastewater is treated by the sewagestation to meet all the requirementsof the management.
Flue gasOur production waste gas ismainly discharged after beingcollected and fully combusted bythe RTO device.
Solid wasteOur general solid waste is classifiedand utilized, and hazardous waste isstrictly controlled and disposed ofin compliance with qualified units
FIRST is led by the safety production responsibility system, fully implements safety responsibilities at all levels, and signs safety responsibility letters and safetycommitments at every level. FIRST strengthens safety education, organizes "three-level safety education" for new employees and safety re-education for old employees.Meanwhile, we organizes various occupational health promotions and various activities on safety and environmental protection, such as Ankang Cup competitions, safetyqualified teams, safety month activities, etc.
FIRST attaches great importance to the inspection and rectification of safety hazards and firemanagement, organizes fire emergency evacuation drills from time to time, and improves the firecontrol system of each plant area, so that the safety standardization work has been improved. FIRSTand its subsidiaries strictly abide by the "Environmental Protection Law of the People's Republic ofChina" and other relevant environmental protection laws and regulations in the daily operations. First ofall, our environmental protection facilities are operated, repaired and maintained synchronously withnormal production facilities to ensure the stable operation of environmental protection facilities.Secondly, FIRST continuously strengthens the process management of the operation of environmentalprotection facilities, and implements pre-management of pollutant discharge in combination with thestable rate of device operation, which improves the operational stability and treatment efficiency ofenvironmental protection facilities. Finally, by regularly monitoring pollutant discharge levels, we canensure that pollutants are discharged within the standard.
Green Production
Source ControlFIRST conducts cleanerproduction projects, improvingthe use of raw materials at theproduction source to reduceresource consumption and wastegeneration. The waste generatedin the production process isstriving to seek the possibility ofreuse, so as to maximize therecycling of resources andreduce the environmental load.The remaining waste that cannotbe recycled will be handed overto qualified waste manufacturersfor disposal.
Classified Collectionand Temporary StorageFIRST collects and temporarilystores waste according to theshape and nature of waste. Thetypes of waste include:
production waste, domesticwaste, hazardous waste, etc.For hazardous waste, westrictly implement relevantcontrol measures.
Hazardous WasteManagement
1. Divide the waste generated inthe production workshop intoacid, alkaline, toxic, oxidative,spontaneous, flammable andgeneral, and use different coloredrecycling buckets to distinguish
2. Collect the sorted wasteregularly every day
3. The collected waste will betransported to the hazardouswaste warehouse by specialpersonnel for temporary storage
4. Hand it over to a manufacturerwith hazardous waste disposalqualifications for disposal
Management of "Three Wastes"
WorldWater DayMarch 22ndPromote water conservation
WorldEarth DayApril 22ndPromotelow-carbon life
WorldEnvironment Day
June 5th
Promoteenergy saving andemission reduction
WorldCar-Free Day
September 22nd
Promotegreen travel
Environmental Awareness
FIRST encourages employees to actively participate in activities related to environmental protection, advocates the concept thatenvironmental protection is everyone's responsibility, and organizes various activities to enhance employees' awareness ofenvironmental protection.In 2021, the EHS department of FIRST conducted a special promotion on the Environmental Protection Publicity Day, such asholding on-site activities for employees to participate in, so that employees could enhance their awareness of environmentalprotection in practice.
Summary
oSince its establishment, FIRST has actively participated in social welfare activities and communityservices, focusing on giving back to the society.oIn the face of the complex and ever-changing epidemic situation, FIRST has done a good job in its
own prevention and control, actively donated money and materials, and worked with people fromall walks of life to fight the epidemic.
Main content
oPublic Benefit ActivitiesoEpidemic Aid
CARING FOR SOCIETY
Community Construction
FIRST actively pays attention tothe needs of the community, andhas repeatedly donated to thecommunity to build rural roads,cultural auditoriums and elderlyactivity centers
Public Benefit Activities
FIRST is enthusiastic about public welfare undertakings and actively fulfills its social responsibilities. Starting from thephotovoltaic industry, we established a long-term poverty alleviation mechanism by assisting in the construction ofdistributed power generation systems for free and more. FIRST attaches great importance to the help of employees inneed and groups, actively donates to various public welfare undertakings, and donates a love through activities such as"Spring Breeze Action" and "FIRST Love Student Fund".
Helping Poor WorkersIn addition to donating to the"Spring Breeze Action" every year,FIRST also actively pays attentionto the needy people and makestargeted donations to help themtide over the difficulties
Contribute to the SocietyFIRST and Zhejiang University ofTechnology signed a school-enterprise strategic cooperationagreement, which will lead morealumni to work together with theiralma mater to create greater gloriesin the future
Epidemic ControlBefore the Spring Festival in 2020, a sudden COVID-19 completelydisrupted people's work and life rhythm. The epidemic is raging,spreading rapidly and affecting a wide range, and all sectors ofsociety are facing enormous challenges and pressures. In the face ofthe complex and changing epidemic situation, the chairman ofFIRST personally led the establishment of an epidemic preventionand control team to implement various measures to ensure theorderly operation of the company.
Various ContributionsFIRST actively cared about the local staff who are fighting on thefront line of epidemic prevention and control, and donatedprevention and control materials to medical staff as soon as possible.At the same time, FIRST donated 1 million rmb to the Lin'an RedCross Society and 1.2 million rmb to the "White Angel Fund" toexpress the highest respect for the medical staff.
Epidemic Aid
In the future, FIRST will continue toimprove the corporate social responsibilitymanagement system, further deepen thecorporate social responsibility concept, andimprove the corporate social responsibilityimplementation mechanism, so as to be law-abiding, honest, innovative, and maintain astable operation, creating more economicand social value for shareholders, employees,customers and society.
FIRST implements the scientific concept ofdevelopment through practice, strives toimprove operational efficiency and promotesenterprise development. At the same time, wewill strengthen communication and exchangeswith various stakeholders, actively promote thesustainable development of the ecologicalenvironment, continue to support theconstruction of social welfare undertakings,and take social responsibility as an obligationand responsibility to achieve the company'ssustainable development.
Future Expectations
Hangzhou（Headquarters）Add：No.8 Fusite Street, Linan, Hangzhou, China
Tel: 0086-571-61076968
FIRSTESG REPORT 2021