3PEAK INCORPORATED
2023Environmental, Socialand Governance Report
People-oriented fora Better Future
Driving Product Upgradethrough Innovation
Developing GreenProducts and PracticingLow-Carbon Operation
Improving Governance andConsolidating OperationFoundationsESG GovernanceCorporate GovernanceInnovation and R&D
Intellectual PropertyInformation Security
Distributor ManagementCustomer Service
Industry DevelopmentSupplier Management
Hazardous Substances ControlClean Technology DevelopmentEnergy Saving and Emission ReductionEmployee DevelopmentEmployees’ Rights and Interests
Employees' Health and SafetyEmployee Care
Lean ManagementQuality Control
Working Together forIndustrial Prosperity
Improving Quality toBecome a Quality Model
Contents
About This ReportLetter from Chairman2023 HighlightsAligned UN SDGsAbout 3PEAK
Future OutlookGlossary of TermsIndicator IndexReader’s Feedback
3PEAK INCORPORATED
2023 Environmental, Social and Governance Report
Reporting Period
About This Report
This is the 3rd Environmental, Social and Governance (ESG) Report issued by 3PEAK INCORPORATED (Stock code: 688536.SH) to provide our stakeholders with comprehensive information on the company's ESGpractices and related performance.
This Report is an annual report for the period from 1 January to 31 December 2023 (hereinafterreferred to as “the Reporting Period”). To enhance the readability of the Report, some contents ordata related to the previous or subsequent year are referred to in this Report.AbbreviationsFor the convenience of description and reading, 3PEAK INCORPORATED and its subsidiaries arereferred to as “3PEAK”, “The Company”, or “we”.
Reporting ScopeThis Report is based on 3PEAK, and thescope of this Report is consistent with thescope of the Company's Annual Reportunless otherwise noted.Information SourceThe qualitative and quantitative information used in this Report is derived from 3PEAK's publicinformation, internal documents, and relevant statistics. Unless otherwise stated, the currenciesinvolved in the Report are measured in RMB.
Access to the ReportThis Report can be read online or download-ed from the ocial website of the ShanghaiStock Exchange (www.sse.com.cn) and theocial website of 3PEAK (www.3peak.com).
Reporting PrinciplesThis Report has been prepared in accordance with the No. 1 Self-regulatory Guidelines of the Shang-hai Stock Exchange for Listed Companies – Standardized Operation, Guidelines on the GlobalReporting Initiative (GRI)’s Sustainability Reporting Standards (2021), the United Nations 2030Sustainable Development Goals (UN SDGs), Corporate Social Responsibility Reporting for ChineseEnterprises 5.0 (CASS-ESG 5.0) Index and the Social Responsibility Management System for Electron-ic Information Industry (SJ/T 16000-2016).
About This ReportLetter from Chairman2023 HighlightsAligned UN SDGsAbout 3PEAK
3PEAK INCORPORATED
2023 Environmental, Social and Governance Report
Letter from ChairmanIn 2023, 3PEAK forged ahead unwaveringly amid challenges andopportunities. We kept innovating and enriching the existingproduct lines on the one hand; and acted faster in introducingnew products on the other. For example, we were trying toexpand into industrial control, automotive, photovoltaic (PV)energy storage, and other markets worldwide, laying a soundfoundation for wider industrial coverage and larger marketshares. Meanwhile, we embedded ESG philosophies in our busi-ness strategies, corporate culture, and day-to-day operations, aspart of our relentless eorts to pursue shared development ofeconomy, society, and the environment.Against all the odds, we’ve still come a long way - set up salesand support oces in America, Germany, Korea, Japan, andother places to penetrate further into the global market; andbrought the Automotive-Grade Test Plant in Suzhou into opera-tion, which further improved our autonomy and control abilityin testing high-end wafer products and nished products. Theseachievements not only enhanced our brand competitiveness,but also could create long-term stable industrial value for ourpartners and customers.
Adhering to the values of “Integrity, Responsibility, Cooperation,Innovation, and Growth”, we have been working closely withour customers, suppliers, and other stakeholders to fulll ourESG responsibilities. Driven by R&D and innovation, we havelaunched a range of high-quality and high-performance prod-ucts that have been widely used in many elds such as industry,automotive electronics, energy storage, and battery manage-ment systems. Focusing on the development of automotivefunctional safety products, we have been optimizing the qualitymanagement of automotive-grade products and obtained theISO 26262:2018 ASIL D process certication, enabling us to meetthe stringent requirements of automotive customers for chipfunctional safety. Additionally, we have made continuous eortsto optimize product design to save energy, reduce carbon emis-sions, and invest more in clean technologies. Focusing onsub-segments such as the drive and power system of newenergy vehicles, we actively developed relevant products toimprove performance and eciency and extend battery life,thereby contributing to green travel. Furthermore, we’re con-cerned with the cultivation of integrated circuit professionals.We have been pressing on with the 3PEAK University program
by setting up 3PEAK scholarships in major universities and makingdonations, in an eort to support the development of universities.Meanwhile, we also combined business activities with subjecteducation to accelerate the transformation and application ofresearch results. In regards of employee development, we com-municated the philosophy of “mutual appreciation, empower-ment and achievement" to our employees and provided themwith comprehensive support for their career development, so thatthey can make progress together with the Company.Whatever challenges there may be in the future, we’ll rise abovethem as long as we stay true to our original aspiration. At 3PEAK,we will continue to closely follow customer needs and technologytrends, and take advantage of our technological R&D advantagesand customer resources to develop new technologies and expandproduct lines. We will be more proactive in tackling challengesand seizing opportunities, supporting global intelligent manufac-turing, and doing our bit to build a better future.
About This ReportLetter from Chairman2023 HighlightsAligned UN SDGsAbout 3PEAK
3PEAK INCORPORATED
2023 Environmental, Social and Governance Report
2023 HighlightsUpgrading the Brand and Going with the Trends
To better serve global customers and markets, 3PEAK has upgraded its brand. Our website has been changed to www.3peak.com. The original brand identity, combined with the classicblack and silver colors, better reects 3PEAK’s technological, modern, international, and simple but elegant brand image.Persevering to Learn and InnovateOur innovation projects were in full swing this year and we launched many high-performance and high-quality products.
Launching TPU25401, a series ofhighly integrated automotive-gradePMIC chipsLaunching TPC517, a series ofmulti-channel high-precision ADCs
Launching the TPR50 series of high-per-formance Voltage ReferencesLaunching the TPM650xQ series ofhigh-performance automotive-gradePush-Pull Transformer Drivers
All 3PEAK isolation products can be supplied with the required safety certications
Launching TPT1145xQ, the rst CANTransceivers supporting the selec-tive wake up frame in China
Launching the TPM2351x series ofisolated Gate Drivers
Launching TPL8033, a series of next-gen-eration linear regulators featuringultra-low noise, ultra-high PSRRLaunching TPC5120Q, a series ofautomotive-grade 12-bit 16-chan-nel SAR ADCs
About This ReportLetter from Chairman2023 HighlightsAligned UN SDGsAbout 3PEAK
| Final Test Report | P22_0212-3_3PEAK_IOPT- |
PN_TPT1145_report01
Date of Approval: 2023-Feb-01
| Dev |
ice Under Test Customer
| Object Family | TPT1145Q-SO2R-S |
TPT1145Q-DFKR-STPT1145NQ-SO2R-STPT1145NQ-DFKR-S
| Order No. | P22_0212 | ||
| Manufacturer | 3PEAK INCORPORATED | Name | 3PEAK INCORPORATED |
| T |
ype / Version TPT1145Q-SO2R-S Address 666 Zhangheng, Zhangjiang
Hightech Park, Pudong,Shanghai, 201203P.R. China
| Sample marking | 3PEAK TPT1145 BAMP |
| Number of Pages | 22 |
| T | |
est Period
from ww47/2022 until ww48/2022
3PEAK INCORPORATED
2023 Environmental, Social and Governance Report
Building a Reputation for Excellent Quality
Awarded ISO 26262:2018 ASIL Dprocesses certication
3PEAK was honored with the PremiumQuality Award by VDE
New Market, New PotentialIn the year, we expanded our industrial layout and broad-ened our product coverage.This year, our excellent product quality earned us many certications and a good reputation from customers. Encouraged by those honors,we will work harder in the future.
Two series of 3PEAK TPS32 MCU products were mass-producedand put on the market.Backed by 3PEAK’s outstanding mixed-signal processing capabil-ities, the TPS32 mixed-signal microcontrollers are better-de-signed products for vertical applications and can help customersdierentiate their nal products.
3PEAK’s Automotive-Grade Test Plant commencing operationand focusing on testing high-end wafers and nished chips.3PEAK’s Automotive-Grade Test Plant is designed to testhigh-end automotive-grade wafers and nished chips. As astrategic project of 3PEAK to expand from design to test busi-ness, the self built test plant will be a priority in the Company’sfuture strategy.Laboratory Centre accredited by
CNAS
TPT1145Q was selected in the “Chip toE-Town” 2023 Automotive Chip Top 50
3PEAK won the Auto Electronic Innova-tion Enterprise AwardTPR50 voltage reference won the “ChinaChip” Excellent Technological Innova-tion Product Award
3PEAK was rated as a “Chip Power”Automotive Chip Product Producer
3PEAK won the Award for Leaders andExcellent Performers in Chinese AnalogIC Industry
About This ReportLetter from Chairman2023 HighlightsAligned UN SDGsAbout 3PEAK
3PEAK INCORPORATED
2023 Environmental, Social and Governance Report
Aligned UN SDGsWe strive to be a respected leader in analog and embedded solutions for the semiconductor industry, and we have always believed that the long-term creation of value depends on the sustainable development of ourbusiness. While continuing to develop under the values of “Integrity, Responsibility, Collaboration, Innovation and Growth”, we actively respond to the United Nations Sustainable Development Goals (SDGs) and contributeto global sustainability, taking into account the expectations of our stakeholders and reality.
Improve the level of corpo-rate governance, enhanceESG management capabili-ties, enhance the core com-petitiveness of enterprise,and promote sustainabledevelopment of enterprise.
Adhere to independentdevelopment and innova-tion, cultivate R&D andinnovation teams with corecompetitiveness, and drivecontinuous breakthroughsin technology and products.
Uphold high standards, strictrequirements, and adhere toproduct development, toprovide the most competi-tive products for global cus-tomers with high-qualityproduct and service.
Driving Product Upgradingthrough Innovation
Focusing on Quality Improvement
to Become a Quality Model
Adhere to the establish-ment of fair, trustworthy,and mutually-benecialcooperative relations withcustomers, suppliers, andother stakeholders to joint-ly promote the prosperityand development of theindustry.
Create an equal, inclusive,and diverse workplace envi-ronment, provide employ-ees with rich and diversewelfare policies and devel-opment opportunities, andjointly build a diversiedcorporate culture.
Increase investment in cleantechnologies and green prod-ucts, promote energy conser-vation and emission reduc-tion, strictly control hazardoussubstances, promote greenoce, and share sustainablegreen life.
Working Togetherfor Industrial Prosperity
People-orientedfor a Better Future
Developing Green Products andPracticing Low-Carbon OperationImproving Governance and
Consolidating Operations
Chapter
SDGs
Respondingto SDGs
About This ReportLetter from Chairman2023 HighlightsAligned UN SDGsAbout 3PEAK
3PEAK INCORPORATED
2023 Environmental, Social and Governance Report
About UsAbout 3PEAK
Founded in 2012, 3PEAK is engaged in the R&D and sales of analog integrated circuit (IC) products and has gradually expanded its business to include embedded processors.We persist in developing high-performance, high-quality, and high-reliability IC products, including signal chain analog chips, power management analog chips, mixed-signalfront ends, and have started to develop embedded processors to provide customers with comprehensive solutions. With leading R&D strength, reliable product quality, andexcellent customer service, we have brought our analog chip products into the supply chains of many well-known customers. These products are widely used in many eldssuch as communication, industrial, security monitoring, instrumentation, new energy, auto industry, and medical and health. On September 21, 2020, 3PEAK was successfullylisted on the STAR Market of the Shanghai Stock Exchange, stock code 688536.SH, as one of the Shanghai Stock Exchange STAR 50.We mainly oer signal chain analog chips and power management analog chips, including operational ampliers, comparators, audio/video ampliers, analog switches, inter-face, data converters, isolators, voltage references, LDOs, DC/DC, power monitors , motor drivers and battery management systems.In the future, we will keep abreast of customer needs and technology trends. We will continue to develop new technologies and expand product lines, leveraging the advan-tages of technology development and customer resources to consolidate our position as an industry leader and enhance our overall strength.
Total assets RMB5,908 million
Revenue RMB1,094 million
About This ReportLetter from Chairman2023 HighlightsAligned UN SDGsAbout 3PEAK
3PEAK INCORPORATED
2023 Environmental, Social and Governance Report
Recognitions from Partners
Industry Honors
Certif ication
2023 SincereCollaboration Award
2023 Best TechnicalSupport Award
2023 TechnicalSupport Award
National KeyIC Enterprise
2023 National IntellectualProperty AdvantageousEnterprise2023 Specialized, Rened,Dierential and Innovative“Little Giant” Firm
Shanghai High-TechEnterprise
Award for Leaders andExcellent Performersin Chinese IC Industry
The 10thAutomotive ElectronicInnovation Awards
2023 AutomotiveChip Top 50
2023 Chinese Automotive-Grade Chipmaker withHighest Investment Value
2023 ExcellentQuality Award
2023 Best GrowthAward
2023Rising Star
Best ServiceAward
About This ReportLetter from Chairman2023 HighlightsAligned UN SDGsAbout 3PEAK
3PEAK INCORPORATED
2023 Environmental, Social and Governance Report
To become a respected leading analog and embedded solution providerin the semiconductor industry
To provide innovative and fully competitive analog and embeddedproducts and solutions, to establish fair, trustworthy and mutually ben-ecial collaborations, and to enable global intelligent manufacturing
Integrity, responsibility, cooperation, innovation and growth
Corporate Culture
Vision
Mission
Value
IntegrityBe honest and trustworthyBe practical and realisticBe fair and transparentReect for improvement
Walk the talkTake ownershipBe result-orientedThink bigBe self-motivatedKeep learningBe focusedSeek long-term success
Be self-challengingDare to tryPursue constant progressStrive for excellence
Be empathetic and inclusiveTrust each otherSupport each otherPut the customer rst
ResponsibilityGrowth
InnovationCooperation
Value
About This ReportLetter from Chairman2023 HighlightsAligned UN SDGsAbout 3PEAK
3PEAK INCORPORATED
2023 Environmental, Social and Governance Report
Milestone event
2012
2014Launched the rst dataconverter series
2016
2019
2021
2023
2022202020182015
Milestones
3PEAK was foundedLaunched the rst linearseriesObtained the IntegratedCircuit Design EnterpriseCertication from the Minis-try of Industry and Informa-tion Technology
Obtained the High-TechEnterprise Certication
Launched the rst linear powermanagement seriesLaunched logarithmic ampli-ers
Set up the EmbeddedProcessor Business UnitLaunched high-precisiondigital-to-analog con-verters, CAN interfacechips, and instrumenta-tion ampliers
Expanded the global presence by setting up sales andsupport oces in America, Germany, Japan, and KoreaThe self built Automotive-Grade Test Plant in Suzhou wasput into operationRaised RMB 1.801 billion through the issuance of sharesLaunched the rst automotive-grade CAN transceiverssupporting the selective wake up frame in ChinaLaunched the automotive-grade ultra-low static powerhigh voltage LDO-TPL8031QPut embedded processors on the market, achieving azero-to-one breakthrough
Launched the rst inter-face seriesLaunched the rst linearregulator series
Launched the rst powermonitor series
Listed on the STAR Market ofthe Shanghai Stock ExchangeAchieved breakthroughs in thehigh-voltage isolation technolo-gy and the high-voltage andhigh-current switching voltageconverter technology
Started to sell automotive-grade
analog chips in bulk
Launched the 3ppm/c ultra-high
stability voltage reference
Launched high-precision ana-
log-to-digital converters
About This ReportLetter from Chairman2023 HighlightsAligned UN SDGsAbout 3PEAK
3PEAK INCORPORATED
2023 Environmental, Social and Governance Report
Enhance industrial collaboration
Development Strategies and Layout
Development Strategies
Develop more categories of signal chain products withhigher levels of integrationNarrow the gap with international advanced peer enter-prises
Signal chain technology reach the international advanced level
Expand the power management product seriesAdvance the platform-oriented development ofthe Company
Strengthen the power management product lineInvest in mixed signal product line
Increasingly invest in the development of automo-tive-grade, isolation, and other IPs and technologiesPerform prospective research on process and devices,packaging design, automated testing, and other pro-cesses
Focus on fundamental and core technologies
Continue to introduce high-quality suppliers athome and abroad and cooperate with suppliersextensively and in depthMeet customized high-end product testing needsby building self built testing plant
Introduce outstanding talents and advance R&DgloballyEstablish global technical service and salesnetworks to serve an increasing number of inter-national customers
Global layout and development
Improve the digital chip design capability andincrease investment in embedded processor devel-opmentAchieve synergy between product lines to providecustomers with comprehensive solutions
About This ReportLetter from Chairman2023 HighlightsAligned UN SDGsAbout 3PEAK
3PEAK INCORPORATED
2023 Environmental, Social and Governance Report
Building R&D and Sales Networks
Main Sales OcesR&D SitesTesting Plant
TianjinBeijingXi 'anGermany
Hangzhou
Singapore
ChengduShenzhenTaipei
Shanghai
SuzhouJapanKorea
America
Sales center R&D center
Beijing, Shanghai, Xi'an,
Hangzhou, Shenzhen,
Taipei
Korea, Japan, America,
Germany
ShanghaiSuzhouChengduBeijingTianjinHangzhou
Xi'anSingaporeR&D and innovation are essential for 3PEAK's steadyand rapid development. The Company is generousin R&D investment and has established eight R&Dcenters in Shanghai (Zhangjiang, Lingang, and Cao-hejing), Suzhou, Chengdu, Beijing, Tianjin, Hang-zhou, Xi'an, and Singapore respectively, to performforward-looking product development and technol-ogy planning for new products.
Overseas sales center
Domestic sales center
Worldwide sales
and support
Technical innovationby global talent pool
High quality test plantfor automotive products
About This ReportLetter from Chairman2023 HighlightsAligned UN SDGsAbout 3PEAK
3PEAK INCORPORATED
2023 Environmental, Social and Governance Report
Signal ChainsPower Management
EmbeddedProcessors
Product Matrix
Buck ConverterBoost Converter
Boost-BuckConverterBuck-Boost ConverterEthernet Power Supply
Multi-Channel PowerManagement PMICIsolated Power SupplyMotor DriverGate Driver
Isolated Driver
Low Dropout LinearRegulator
Power SwitchHot Swap ControllerElectronic FuseIdeal Diode
Electricity Meter
Battery Monitoring
System AFEPower Reset MonitorWatchdog
ARM Cortex-M MCURISC-V MCURISC-V MPUAutomotive-Grade MCU
Power Up andDown Sequence ControlSystem MonitorVoltage ReferenceBattery ChargerBattery Protector
Universal OperationalAmplier
PrecisionAmplierHigh-Speed OPALow-Noise OPACurrent-SensingAmplier
High Common-ModeVoltage DierenceAmplier
Logarithmic AmplierComparatorsVideo Filter
Resistance NetworkPrecision SAR ADCPrecision SD ADCHigh-Speed ADCPrecision DACHigh-Speed DAC
Multi-Channel RF PowerAmplier Control AFE
Power Detection AFE
Isolated Data ConverterCAN TransceiverRS485 TransceiverRS232 Transceiver
I2C Interface Extension/Level SwitchingAnalog SwitchDigital IsolatorIsolation Interface
Clock BuerLVDS TransceiverHigh-Speed BusHigh-Voltage Switch
Hall SignalConditioning AFE
TemperatureSensor
High-Speed LowJitter Clock
About This ReportLetter from Chairman2023 HighlightsAligned UN SDGsAbout 3PEAK
3PEAK INCORPORATED
2023 Environmental, Social and Governance Report
ImprovingGovernance andConsolidatingOperationFoundations
Corporate GovernanceESG Governance
Sound corporate governance is at the heart ofhow companies operate eciently and createvalue. At 3PEAK, we continue to improve ourcorporate governance and operational capa-bilities with a focus on ESG managementcapabilities, to strengthen our core competi-tiveness, and pursue sustainable develop-ment.
3PEAK strictly follows the provisions of laws, regulations, normative documents, the Articles ofAssociation, and the Shareholders' General Meeting Rules to regulate the convening, holding,proposal, and voting procedures of the shareholders' general meeting. During the ReportingPeriod, 3PEAK held 2 General Meetings of Shareholders to review and approve the Proposal onthe Company’s 2022 Annual Prot Distribution Plan, the Proposal to Revise the Articles of Associa-tion and Its Appendices, as well as other proposals. We have always fully respected and safe-guarded the rights and interests of all shareholders, treating minority shareholders equally, andno instances occurred which harmed the rights and interests of minority shareholders.
General Meeting of Shareholders
3PEAK strictly adheres to the Company Law of the People’s Republic of China, the Securities Law of thePeople’s Republic of China, the Rules of Shanghai Stock Exchange for Stock Listing on the STAR Market,the Guidelines No.1 of the STAR Market of Shanghai Stock Exchange for Self-regulation of Listed Compa-nies - Standardized Operation, and other laws and regulations. We have established a comprehensivegovernance structure and system which maintains compliance with regulations, standardizes corporateoperations, enhances corporate value, and seeks win-win outcomes in promoting sustainable develop-ment strategies.
To safeguard the legitimate rights and interests of the Company, shareholders, and creditors andto regulate our organization and actions, we have established and improved the Articles of Asso-ciation, the Rules of Procedure of the Board of Directors, the Rules of Procedure of the Board ofSupervisors, the Rules of Procedure of the General Meeting of Shareholders, the Working Rulesfor Independent Directors, and other rules. These rules dene the responsibilities and authorities,rules of procedures, and working methods of our departments and bodies at all levels as well asensuring the separation of decision-making, executive, and supervisory functions. Since ourpublic listing, we have established the corporate governance structure consisting of the GeneralMeeting of Shareholders, the Board of Directors, the Board of Supervisors, and management, aswell as rule-based and scientically based operating and decision-making mechanisms to guideour high-quality and sustainable development.
Governance Structure
General Meeting ofShareholdersBoard ofSupervisors
Board of Directors
Management
Audit CommitteeNomination CommitteeRemuneration and Appraisal
CommitteeStrategy Committee
3PEAK’s Corporate Governance Structure
Corporate Governance
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgrade
through Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented for
a Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
Board of Directors
Board of SupervisorsSupervisors are appointed and adheres to the rules of procedure, deliberation methods, and voting procedures out in theCompany Law of the People’s Republic of China and the Articles of Association, to ensure they work eciency and makescientically based decisions. With the leadership of the Shareholders' General Meeting and the support and cooperation ofthe Board of Directors and senior management, the Board of Supervisors actively carries out its work with the aim of safe-guarding the legitimate rights and interests of the company and all shareholders. Specically, it supervises the Company’soperations, nancial conditions, and related-party transactions, as well as the performance of duties by senior managementin accordance with the law. During the Reporting Period, the Board of Supervisors held 8 meetings.To raise compliance awareness and enhance duty-performing capabilities of our Directors, Supervisors, senior management,and other relevant personnel, the Company requires them to actively participate in regulatory training in regards to informa-tion disclosure, stock exchanges, and corporate governance laws conducted by the China Securities Regulatory Commission,Shanghai Stock Exchanges, Associations of Listed Companies, etc.
The Company operates on scientically based decision-making and selectsdirectors in strict accordance with the conditions and procedures set out inthe Articles of Association to ensure that the selection is transparent, fair,and independent. Our Board of Directors consists of 9 members, including 3Independent Directors and 1 female Director. Our Directors full their dutiesdiligently by carefully reviewing and approving proposals, as well as safe-guard the legitimate rights and interests of the Company and shareholders,particularly minority shareholders. The Independent Directors adhere to theWorking Rules for Independent Directors and provide the Company withcomprehensive and constructive development advice based on their exper-tise. During the Reporting Period, 3PEAK convened 9 meetings of the Boardof Directors to discuss the Proposal of the Company to Issue Shares, PayCash to Acquire Assets, and Raise Funds, the Proposal on the Company’s2022 Annual Prot Distribution Plan, the Proposal on the Company’s 2023Restricted Stock Incentive Plan (Draft) and Its Summary, the Proposal on theCompany’s Environmental, Social and Governance (ESG) Report 2022 andamong other important matters.The Board of Directors convenes meetings, discusses, votes on proposals,and makes decisions in accordance with the Company Law of the People’sRepublic of China and the Articles of Association. The Board of Directors has4 ad-hoc committees, namely, the Audit Committee, the Remuneration andAssessment Committee, the Strategy Committee and the Nomination Com-mittee. They assist the Board of Directors in fullling its decision-making andmonitoring functions and play an important role in promoting the compa-ny's standardized operations and healthy development.
During the Reporting Period, 3PEAK total held
General Meetings ofShareholders
meetings of the Board ofDirectors
meetings of the AuditCommittee
meetings of the Remunerationand Appraisal Committee
meeting of the StrategyCommittee
meetings of the Board ofSupervisors
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgrade
through Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented for
a Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
Transparent disclosure is an essential part of good corporate governance andsustainable development. It helps to protect investors’ interests, maintainmarket stability, and build trust. To ensure that all shareholders, especiallyminority shareholders, have equal rights to know and participate in majormatters of the Company, 3PEAK has formulated and improved the Informa-tion Disclosure Management Policy and the Signicant Information ReportingPolicy following the laws and regulations such as the Administrative Measuresfor the Disclosure of Information of Listed Companies and the Rules of Shang-hai Stock Exchange for Stock Listing on the STAR Market and based on therealities of the Company. We actively fulll information disclosure obligationsand disclose information in a true, accurate, complete, and timely manner.The Company carefully manages its insider information including operatingand nancial data and registers insiders in accordance with laws and regula-tions such as the Provisions on the Registration and Management Policy forInsiders of Listed Companies and our Insider Registration and ManagementPolicy.
Information Disclosure
A robust communication channel serves as a bridge between 3PEAK and investors. For this reason, we have developed andcontinuously improved the Investor Relations Management Policy to standardize our investor communication activities anddaily communication. Through performance presentations, investor communication meetings, the General Meeting of Share-holders, the investor hotline, email, and SSE E-interactive, we actively communicate with investors on major matters such asour business performance and patiently addressing their concerns.Investor Hotline021-58886086E-mail3peak@3peak.com
Focusing on generating returns for investors, the Company has established a scientically based, sustainable, and stableshareholder dividend distribution mechanism to ensure that investors receive a reasonable return on their investment. Weregularly formulate a new dividend payment plan every three years. During the Reporting Period, 3PEAK formulated the Divi-dend Payment Plan for the Next Three Years (2024-2026) to maintain the continuity and stability of prot distribution policies.
Investor Relations
During the Reporting Period 3PEAK disclosed
documents
announcements
annexes toannouncement
During the Reporting Period, 3PEAKperformance presentations forsmall and medium investorsHeld
investor questions onSSE E-interactiveAnswered
teleconferences withinstitutional investorsHeld
Organized major investormeetings,which wereattended by
investors1,334
Paid RMBas dividends (including taxes)since the IPO90,985,100
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgrade
through Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented for
a Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
In accordance with the Basic Standards for Enterprise InternalControl and the supporting guidelines, 3PEAK has developedand improved a set of internal control policies and proce-dures, and standardized internal control processes. We strictlyfollow the control processes to carry out activities and miti-gate potential risks. Additionally, we engage internal andexternal personnel to test and review our internal control andaudit performance every year. We also continuously improvethe internal control management systems for corporate gov-ernance, human resources and compensation management,capital and expense management, and investment manage-ment.During the Reporting Period, the Company eectively identi-ed and analyzed the potential risks that may rise by consid-ering its internal business characteristics and the industry-spe-cic features. As a result, we added or optimized manage-ment processes including nancial report management,inventory management, R&D management, sales andaccounts receivable management, and information technolo-gy general controls (ITGCs).
Fully aware of the importance of internal control and risk management to corporate governance, 3PEAK carefully carries out the internal control of business operations and analyzes risks from the external environ-ment, internal operations, and business perspectives, to improve operational eciency and eectiveness as well as promote high-quality development of the Company.Internal Control
Internal Control and Risk Management
Corporate governance
Procurement andaccounts payable management
Financial report anddisclosure management
Human resources andcompensation management
Asset management
Contract management
Capital andexpense management
Inventory management
Tax management
Investment management
Sales and accountsreceivable management
Government subsidy
management
Financing management
R&D management
Information technologygeneral controlsInternal Control System
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgradethrough Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented for
a Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
Three Lines of Defense
Facing the complex and constantly changing external environment, the Company has establishedBusiness Intelligence, a business decision-making mechanism to promptly identify and respond tohigh-risk areas and limit the impact of the market on the Company. Under this mechanism, the Com-pany collects and analyzes economic, technological, and policy-related information, identies risks,and takes preventive measures. In addition, the Company ensures stable and healthy business devel-opment with its three lines of defense and the BCM Guidelines.
3PEAK actively engages in risk identication and management eorts and has established three lines of defense for risk management. As our front oce, the business units are the First Line of Defense. The SecondLine of Defense is the risk management department, and the Third Line of Defense is the internal audit department. Together, they form an internal control and risk management framework in which they monitorand complement each other to eectively identify, measure, and control the risks faced by the Company.
Collect informationIdentify risks in key areasMonitor potential risks
Determine strategyof responsesImplement responsesReview andsummarize regularly
Business Intelligence
Risk Management
Proactively identies and prevents risks in operationsImproves the risk identication and management capabili-ties of business units, and strengthens the risk managementawareness and accountability of front-line personnel
Marketing Department, Sales Center,etc.: Operations management
Internal Control Department:
Internal control and oversight
Audit Department:
Internal auditCoordinates risk management eorts and designs, directsand oversees risk managementIntegrates internal control and management into our dailyoperations and product development process
Reviews high-risk internal areas and veries whether theCompany is involved in any signicant legal or regulatorybreaches or major risks
First line of defenseSecond line of defenseThird line of defense
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgrade
through Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented for
a Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
Improve internal management, implement eective risk controls, ensure stable operations, meetthe requirements of all stakeholders, and protect the interests of all stakeholders
BCM Guidelines
BCM Risk ManagementIn order to maintain business continuity, improve the Company’s risk prevention and control capabilities,and eectively respond to various emergencies, 3PEAK has formulated the Business Impact Analysis andRisk Analysis Control Procedure. This is aligned with BCM Guidelines - to improve internal management,
ISO 223012019BCM Management System Certication
Organization & Responsibility, Resource Diversity and Sustainable Development
Business Continuity Plan
BCM
Emergency Response Plan for Incidents
BCM Process
Earth-quake
EarthquakeR&DITHROperationBoard OceFinanceSalesAdminMarketing
InfectiousDiseases
SupplyDisruption
Politics/
Policy
IT Failure
TradeStrikeFires
BIA
RiskAssessment
StrategySelection
BCPTraining
Testing/
Drill
Maintenance
andImprovement
Business Continuity Policy and Management Commitment
implement eective risk controls, ensure stable operations, meetthe requirements of all stakeholders, and protect the interests ofall stakeholders, we have established processes for businessimpact analysis and risk assessment, business continuity strate-gies, business continuity plans, and drills and tests processes forall functional departments of the Company. We have alsoobtained the ISO 22301:2019 BCM Management System Certica-tion. The Company regularly identies, analyzes, and responds topotential risks that could lead to a signicant business interrup-tion each year, including major quality issues, natural disasters,re safety incidents, public health incidents, supply chain disrup-tions, information system disruptions, and the interruption of R&Ddesign software supply. During the Reporting Period, the Compa-ny conducted 6 BCM drills, including functional drills, tabletopdrills, and full-scale drills covering re evacuation, public healthemergencies, R&D data recovery, etc.
CustomersBCM
Supply Chain
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgradethrough Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented for
a Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
We strictly comply with the export control, sanctions laws, and regulations applicable in China and in the countries and regions where we operate. We have formulated and improved the Management Policy forExport Control and Sanctions Compliance and established an audit and evaluation mechanism. Under this mechanism, audits and evaluations are organized by the Compliance Management Working Group andled by the Compliance Department. This has standardized our trade compliance requirements and enforcement measures and helped us better adapt to changes in the external macro-environment and reducebusiness risks. Our trade compliance management is under the overall direction of the General Manager, organized and coordinated by the Compliance Management Working Group, and implemented by theLegal Department. Other relevant business units will perform their compliance duties and responsibilities in accordance with the relevant policies and guidelines.Holistic assessment for risk identicationSpecial audit and timely recti-
We continue to optimize the trade compliance management process and have integrated it intoour OA system to assess and record the compliance status of our partners and products in realtime. This enables the digital control of our compliance status and day-to-day operations as wellas improves the eciency and eectiveness of our trade compliance management as far as possi-ble. During the Reporting Period, we summarized and reported on our trade compliance practiceseach month and monitored, assessed, and reported on new regulations and their impact morethan 10 times. Meanwhile, the Company provided training on export control and economic sanc-tions compliance for all employees, specialized training for specic departments, and export con-trol training for management personnel, to raise their awareness of trade compliance.
Audit and Evaluation Mechanism
Trade Compliance
Conduct overall assessment ofthe compliance performance of3PEAK’s business units, identifycompliance risks, and improvecompliance capabilities.
Organize special audits of the spe-cic departments/businesses fromtime to time based on their operat-ing performance and make timelycorrections to avoid omissions andrisks.
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgradethrough Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented for
a Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
3PEAK upholds high ethical standards, strictly adheres to local laws andregulations in countries where we conduct business activities and requiresall employees to understand and adhere to business ethics at work. Wehave established a Business Ethics Committee consisting of representativesfrom the Audit Department, the Finance Department, the Human Resourc-es Department, and the Legal Department. The Business Ethics Committeeis responsible for formulating and revising policies and procedures on busi-ness ethics, reviewing and monitoring the implementation of these poli-cies and procedures, analyzing, investigating, and handling our businessethics related issues and disputes. It also holds regular meetings to reviewour major business ethics matters.We have developed the Code of Ethical Business Conduct which providesdetailed principles adhering to the code of business ethics, avoiding ofconicts of interest, anti-corruption, anti-bribery practices, as well as outlin-ing the manners of handling gifts, hospitality, and other matters. Allemployees of the Company are required to strictly abide by it in theirday-to-day work and business activities. At the same time, we extend thecode of ethical business to our partners and have formulated the Code ofConduct for Suppliers’ Social Responsibility and the Code of Clean SupplierConduct, setting out the ethical conduct requirements for all of our suppli-ers. To eliminate bribery in business, we require suppliers to sign integrityagreements to foster a transparent cooperation environment.
Additionally, we are developing and improving anti-fraud policies, such as the Anti-Fraud and Whistleblowing Policy. We des-ignated the Audit Department as the permanent anti-fraud body responsible for organizing and implementing anti-fraudpractices within the Company. We are committed to eradicate bribery, kickbacks, insider trading, abuse of power, and the like,the Company encourages internal and external stakeholders to report non-compliant acts. We have an anti-fraud and whis-tle-blowing email box (audit@3peak.com) for all stakeholders. We have also continuously improved the whistle-blowing pro-cess to ensure that matters reported are handled fairly and impartially.
Business Ethics and Anti-Fraud
Whistleblowing and Handling Procedures
Receiving
reports
Investigation andevidence collection
Escalation forhandling
Review the report for admissibility upon receipt and determine the investigationmethod based on the complexity of the case.Escalate to the Business Ethics Committee. The Audit Department investigates thecase independently or with support from the Human Resources and other depart-ments.During the investigation, the person reported shall provide information as requestedand will be subject to inquiries, interviews and other investigations.Issue the investigation reports and handling opinions after the investigation is done.Submit the investigation report and handling opinions to the Business Ethics Commit-tee for a decision.Employees found to have committed fraud will be subject to administrative disci-plinary action in accordance with the relevant regulations. If the act is a criminaloence, it will be referred to the judicial authorities for prosecution.
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgradethrough Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented for
a Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
In order to safeguard the rights of whistleblowers and establish a safe and trustworthy business ethics environment, we are committed to fully protecting the legal rights of whistleblowers and implementing mea-sures to ensure their protection. We maintain a whistle-blower protection list and keep the personal details of whistle-blowers and the matters they report condential during the receipt, registration, maintenance,and investigation of whistleblowing. We prohibit any form of retaliation against whistle-blowers and witnesses. Once found, those who retaliate will be dealt with seriously according to the rules and regulations.Additionally, if the retaliation constitutes a crime, the relevant person will be handed over to the judicial authorities. During the Reporting Period, the Company did not experience any litigation cases related tocorruption and bribery.While continuously improving its policies and procedures, the Company actively promotes awareness of business ethics and a culture of integrity among employees. We conduct regular online and oineanti-fraud training for all employees every year. During the Reporting Period, we conducted an anti-fraud training, and 100% of our employees attended. The training introduced employees to the concept of fraud,the anti-fraud and whistle-blowing mechanism, as well as the gift refusal and registration rules which eectively raised the anti-fraud awareness of all employees.In addition, our Internal Control Department assesses the internal control system and process every year, with business ethics and anti-fraud risks also evaluated. Through identifying risks, setting control targets,and performing control activities, we continue to improve the internal control system to ensure that our operation and decision-making processes are consistent with compliance requirements and business ethics.
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgradethrough Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented fora Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
ESG GovernanceScientically based and sound ESG governance is the cornerstone of integrating theconcept of sustainable development into the daily management and operations of thecompany. We gradually build and improve the ESG management method by the com-munication between internal and external stakeholders and continuously improving thecompany's ESG governance capability, and strive to promote the sustainable develop-ment of the economy and society.
Building a robust ESG governance structure is the cornerstone of a company’s sustainable growth. To facilitatethe long-term eectiveness of our sustainability management system, we have established a three-tier ESGgovernance structure consisting of the Board of Directors, the ESG Working Committee and the ExecutiveDepartments as the decision-making, coordinating and implementing bodies, respectively.
ESG Governance Structure
As an IC designer, we insist on integrating ESG management into all aspects of our busi-ness. Based on R&D and innovation, we devote ongoing eorts to solving governance,environmental, and social issues, creating greater value for our stakeholders, and work-ing with others to build a better future.Strive to reduce the environ-mental footprint of ouroperations by designinggreen products or productsthat contribute to environ-mental improvement
ESG Management
Decision
Execution
Implementation
Executive Departments
Provide innovative prod-ucts and services, createan enterprising work-place environment, andproduce talents for theindustryMaintain sustainable andstable governance and oper-ation and actively createvalue for shareholders
Environ-mental
SocialGover-nance
R&DInnovation
ESG Working Committee
The Board of Directors, as the highest decision-making body ofESG work, is responsible for formulating the Company's ESG stra-tegic policy, deliberating and deciding major ESG issues, andregularly supervising and checking the progress of ESG relatedmatters to ensure that ESG matters are implemented in accor-dance with the Company's strategy.ESG Working Committee is the executive team of the ESG workand is responsible for coordinating all work relating to ESG man-agement, communication and information disclosure, overseeingand promoting ESG implementation, providing support for theESG work, and reporting to the Board of Directors on a regularbasis on the progress of the ESG work.The Company's R&D, operation, quality, sales, marketing, legalaairs, IT, human resources, internal audit and other departmentsare the implementation bodies of ESG work and in charge of theimplementation of each specic ESG work. Board Oce is respon-sible for promoting ESG concepts within and outside the Compa-ny, and implementing ESG policies and measures within theCompany.
Board of Directors
3PEAK INCORPORATED
3PEAK’s ESG Management Philosophy3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgrade
through Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented fora Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
3PEAK places great emphasis on communication with stakeholders and has established a regular communication mechanism. By adopting various communication approaches, we can understand and respond tothe expectations and requirements of stakeholders in a timely manner, including governments and regulators, shareholders and investors, industries and institutions of higher learning, customers, suppliers, employ-ees, communities, and the public. In doing so, we aim to foster a collaborative environment of mutual benets and win-win outcomes.
Stakeholder Communication
Stakeholders
Expectationsand requirements
Communication
mechanism
Institutional inspectionDaily regulatorycommunicationPolicy implementationInformation disclosure
Legal compliancePromote employment
Government and Regulatory
Hotline and email inquiriesInvestor exchangemeetingsSSE E-interactive communi-cationDisclosure of interimannouncements andperiodic reportsGeneral meeting ofshareholders
Protect shareholders' rightsand interestsImprove corporategovernanceEnhanced informationdisclosureStrengthen investorcommunication
Shareholders and Investors
Participate in industryconferences/seminarsPromote industry-uni-versity-researchcooperation
Industry-university-re-search cooperationIndustry personneltrainingIndustry exchange
Industry and University
Customer research andvisitsTechnical support andtechnical seminarsCustomer service hotlineCustomer satisfactionsurvey
Business ethics andanti-fraudR&D innovationIntellectual propertyprotectionProduct qualitymanagementCustomer responsibilityResponsible marketing
Customers
Daily communication withemployeesSta meeting and annualmeetingEmployee satisfactionsurvey and opinioncollectionRegular sta trainingEmployee welfare and clubbuilding activities
Equality, inclusion anddiversityEmployment ManagementCompensation and benetsTraining and careerdevelopmentHumanistic careOccupational health andsafety
Employees
Supplier auditSupplier communicationSupplier training
Supply chain manage-mentSupply chain sustainabledevelopmentLean managementConict mineralsmanagementBusiness ethics andanti-fraud
Suppliers
Green productsGreen oceStrictly controlharmful substancesQualicationcertication
Green developmentClean technologyLow carbonenvironmentalprotectionCircular economy
Environment
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgradethrough Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented for
a Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
Materiality Assessment3PEAK regularly conducts materiality assessment to analyze theimpact of ESG issues on the company's business developmentand uses the assessment results as an important reference for thecompany to develop and optimize ESG development plan. Wesystematically assess ESG issues by considering the characteristicsof our industry, business, and relevant guidelines and generate amateriality matrix based on the results to evaluate the signi-cance and implications of each ESG issue.
Clean technology opportunity
Product quality control
R&D innovationProtection of customerrights and interests
Data security andprivacy protection
CompliancemanagementConict mineralsmanagementControl of hazardoussubstances
Diversity and inclusionRisk controlSupply chain management
Business ethicsIntellectual property protectionAddressing climate changePublic welfare and charity
Water resources management
The Importance to 3PEAK's Sustainability
Importance to Stakeholders
Environment issuesSocial issuesGovernance issues
Investor protectionHuman capitalmanagement
Promote industry development
High
HighLow
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgradethrough Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented fora Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
Driving ProductUpgrade throughInnovation
We insist on independent R&D and inte-grate innovation into our core corporateculture to drive continuous breakthroughsin technology and product development.While advancing innovation, we work tostrengthen and improve the informationsecurity management system. We strive toensure that our innovation continues on asecure and reliable basis to provide strongsupport for customers, partners and our-selves.
Innovation and R&DIntellectual PropertyInformation Security
Innovation and R&D3PEAK is committed to consistently implementing the platform-based business development strategyand observes domestic and international laws and regulations. A series of processes have been devel-oped, including the Product Demand Management Process, the Product Denition Management Process,the Project Management Process, and the Project Risk Management Process. We stay updated with cus-tomer needs and technology trends and continue to develop new technologies and expand productlines with the advantages of technology development and customer resources, to provide customerswith more competitive solutions.
We strictly adhere to the code of scientic integrity and professional ethics and uphold the concept ofindependent development and innovation throughout the product research and development process.We focus on developing high-performance, high-quality, and high-reliability products with sustainedresource commitment and seek to exploit the opportunities and potential that clean technology bringsand will bring. We have identied 10 major terminal products as our development directions, includingphotovoltaic inverters, energy storage products, as well as the batteries, motors, and electronic controls ofNEVs. Our focus will be on battery management systems for PV storage systems, NEVs, and electric vehi-cles, as well as 7 related high-performance analog products, such as high-performance drivers and switch-ing power supplies that can improve energy eciency, to meet various customer needs in dierent indus-tries and elds.
Remark: During the Reporting Period, we adjusted the disclosure scope of R&D invest-ment, and the data excludes share-based payment expenses.
R&D Strategies and Directions
R&D investment (excluding share-based payment expenses)(in RMB'0,000)
202220232021202010,230.60
52,723.27
19,592.81
40,833.77
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgrade
through Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented for
a Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
In order to continuously improve our R&D eciency, innovation capability, productquality, and reliability, we attach great importance to the management and control ofthe product R&D process. Our departments closely cooperate with each other on proj-ect approval, design, verication, and risk run mass production, the four key stages, toensure the success of R&D projects.
During the Reporting Period, 3PEAK achieved these major breakthroughs and advances in R&D:
R&D Process Management
3PEAK’s Product Development Process
Projectapproval
Identify new product development needs, perform feasibilityanalysis, prepare the Product Project Approval Report andsubmit it to the project review meeting for review.
Design
Design chips according to the indicators and requirements setout in the Product Project Approval Report.
Verication
Test the function, performance and stability of the prototypeto assess whether the product meets design standards andexpectations.
Risk runproduction
Initiate the trial production of products, collect and analyzedata to optimize test methods, and dene specic require-ments for mass production control.
SAR-type ADC with a maximum resolution of 18 bitsOperational amplier with ultra-low bias current of 100 fAHigh-current low-dropout (LDO) with output voltage noise of 4.5μVRMSUltra-high stability reference voltage with temperature drift of 3PPM/?CThe rst domestically certied CAN transceiver with ±15-kV IEC ESD contact discharge capabilityOver 20 product categories and more than 110 automotive-grade chips releasedLeading domestically in isolation product's withstand voltage (above 5kVrms), ESD protection (±8 kV), andlatch-up capability of 800mA (at high temperature of 125), with a common-mode transient immunity(CMTI) of 200 kV/μs that is internationally leadingMCU TPS32 hybrid signal microcontroller with TPSensor? capacitive touch (ultra-high accuracy of 10 fF,low-power detection and fast wake-up in sleep mode), ESD protection (±6kV), 12-bit ADC supporting 2.5Msps, built-in temperature sensor with ±2°C accuracy, and an eective number of bits (ENOB) of 11.5 bits
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgradethrough Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented for
a Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
To continuously encourage employees to innovate, we have set clear performance indicators for productinnovation and formulated the Patent Incentive Measures to quantify and recognize employees’ innovationachievements in their daily work. We are also constantly updating and optimizing incentive and recognition
202220212020
2023
3PEAK continues to seek and train high-performing R&D talents and has built an R&D teamwith highly educated and experienced members. We have established a comprehensivetraining mechanism to ensure that the Company can respond quickly and continuously tothe changing innovation needs of customers. During the Reporting Period, our R&D techni-cians accounted for over 70% (531) of our headcount (750). Among these, 359 (67.61%)had a master’s degree or higher, providing strong support for the long-term development ofthe Company.Education background of R&D personnel (person)
Cultivation of Innovation Team
DoctorMasterBachelorJunior collegegraduate or lower
Age of R&D personnel (person)
30-3940-4950-59
R&D personnel Headcount
Number of R&D personnel (person)
The Outstanding Invention Team Award Being Granted
measures and policies to better mobilizeemployees to innovate. In this way, we aremaking innovation an inexhaustible drivingforce for the development of the Companyand creating an organizational atmospherethat fosters innovation.Each year, we recognize teams and individu-als who have made outstanding contribu-tions to improving the number and quality ofour patents. During the Reporting Period, wegranted the Best Inventor, OutstandingInvention Team, and Best Patent awards toteams and employees who excelled in thisarea.
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgrade
through Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented for
a Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
Intellectual Property3PEAK is active in protecting intellectual property rights, including patent rights, trademarks, andcopyrights, and is committed to regulating intellectual property management activities in its busi-ness operations. To this end, 3PEAK is strengthening the application for and maintenance, use, andprotection of intellectual property rights and improving the eciency and performance of intel-lectual property management, thereby ensuring that the Company’s innovation achievementsare eectively protected and strongly supporting the Company’s continuous innovation andmarket competitiveness.
By using external patent databases and considering its realities, 3PEAK has built an ecient intellectualproperty management system that meets its business needs. The system helps to improve theeciency and accuracy of patent information searches and identify market opportunities and techni-cal risks in a timely manner. In addition, 3PEAK has taken a number of patent management measuresto accurately identify and avoid potential patent risks. To enhance employees’ intellectual propertyawareness and patent mining ability, we regularly conduct patent-related training and policy promo-tion to provide strong support and guarantee for our innovation.
We monitor the use of our intellectual property rights in real time to detect infringements of our intel-lectual property rights in a timely manner, collect and preserve evidence, and take legal action, includinglitigation, depending on the seriousness of the infringement. During the Reporting Period, we were notthe subject of any patent infringement suits.
Management System
Key Patent Management Initiatives at 3PEAK
Patent risk management and control Patent trainingPrepare the Risk Avoidance ProjectApproval Guidelines and other risk controlprocedures to intensify the managementand control of intellectual property risksInvestigate possible infringements andtake action to prevent themMonitor the situation where our productmay infringe the intellectual propertyrights of others, analyze possible disputesand the extent of damage to the Compa-ny, and propose preventive plans
Organize training on intellectual prop-erty policies and patent review policies,inventor experience sharing, and train-ing on patent mining and new policiesfor relevant personnelPromote intellectual property rulesduring onboarding training for newemployees
In order to regulate patent management, promote technological innovation, and obtain moreindependent intellectual property rights, we have formulated internal policies including the Intel-lectual Property Manual and the Patent Incentive Measures in accordance with relevant laws andregulations, such as the Patent Law of the people’s Republic of China and the Detailed Rules for the
GB/T 29490-2013 Enterprise Intellectual PropertyManagement System Certication
Implementation of the Patent Law ofthe People’s Republic of China. The aimis to stimulate the enthusiasm andcreativity of employees and increaseour output of intellectual propertyachievements. At the same time, wehave established a robust intellectualproperty management and certica-tion system and passed the annualaudit under the GB/T 29490-2013Enterprise Intellectual Property Man-agement System Certication, ensuringprofessional and rule-based intellectualproperty protection and management.
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgrade
through Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented for
a Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
ApplicationsPatents granted
2022 2023
Total number of IPs
For its high technical strength and sustained innovation capability, 3PEAK is honored as an“Innovative Electronics Industry Enterprise” by the Shanghai Society of Automotive Engineersand granted the “China Chip” Excellent Technology Innovation Product Award and other author-itative awards in the industry. These honors demonstrate our innovation inuence in the indus-try.During the Reporting Period, the number of our patent and IC layout design applicationsincreased notably, and we successfully registered 4 overseas trademarks in Japan and Europe forthe rst time.
Innovation Achievements
By 31 December 2023, 3PEAK hasapplied for a total of
granted for a total ofpatents
IC layout designs
trademarks
patents
IC layout designs
trademarks
Domestic patents
Number of applicationsNumber of grantedNumber of applicationsNumber of granted
8136231402221441636088
Trademarks187636
New additions during the Reporting PeriodCategoryCumulative number as the end of 2023
List of Intellectual Property Rights Obtained in 2023
Domestic utility model patent
3720142103IC layout design20445636252Total
PCT
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgradethrough Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented fora Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
Information Security3PEAK is committed to maintaining information security and system performance. We have formulated and optimized the Information Security Management Policy, the Computer File Security Management Policy,and other policies, to eectively manage infrastructure, networks, servers, software systems, and terminal devices and to protect the overall security of the information system.
To build a robust and ecient information security system, we have set up an Information Security Management Committee and have been implementing the monthly information security reporting mechanism.We review and analyze information security from four perspectives: physical and environmental security, cyber and information security, le and data security, and user behavior security. Targeted, corrective andimprovement actions are also taken.Enhancement of Information Security Management
Achieve physical isolation using the networkaccess system and the intranet system, enablingisolation between the Company and the outsideworld, between our R&D departments andnon-R&D departments, and between dierentprojects within the R&D departments.Maintain a terminal USB port lockout and accesswhitelist to prevent access to unauthorized USBdevices and terminals.Implement access control to tightly controlremote access and access rights.
Regularly scan all les downloaded to detect andremove possible malware, viruses or other potentialthreats.Monitor printed les and use special logos or water-marks to trace the sender and receiver of les.Establish a 24/7 security system that covers the entiresite, and monitor visitors and employees in sensitiveareas when they take pictures with their mobilephones.Implement access control and strictly manage employ-ee access and visitor registration.
Physical andenvironmentalsecurity
Cyber and
informationsecurity
3PEAK’s InformationSecurity ManagementStrategy
File and datasecurity
User behaviorsecurity
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgrade
through Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented fora Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
Where any information leakage is identied, timely remedial action will be taken, and the issue will be reported to therelevant line manager and the Legal Department. The Legal Department will coordinate the relevant departments toaddress the issue. We have also established an accountability mechanism under which, depending on the severity ofthe information leakage, the person involved will be warned verbally or in writing, dismissed, or held accountablefor legal obligations, to maintain the Company’s information security. During the Reporting Period, the Company hadno information security incidents.
During the Reporting Period, we conducted two BCM function walk-throughs to simulate business disruptions caused by the locking or deletionof R&D data. The focus was on major scenarios such as R&D data loss andphishing emails, in order to test our emergency response and recoverycapabilities. In the walkthroughs, we achieved a 100% recovery rate of R&Ddata, verifying that our R&D data backup plan would work as usual underabnormal circumstances and our backup data is reliable. This has furtherimproved our teams’ collaboration and crisis management capabilities inemergencies.
Case:BCM function walkthrough
In order to strengthen employees’ understanding of and ability to manage informationsecurity, we provide them with training courses on information security, IT systems, andother related content on our 3PEAK Academy learning platform. We require newemployees to take oine courses and online assessments to ensure that they developa good awareness of information security protection.
Raising of Information Security AwarenessIn 2023, we comprehensively upgraded our internet systems and introduced the advanced rewall IPSintrusion prevention system. These enabled real-time monitoring and detection of abnormal trac to andfrom the internet, helping us to deal with all types of intrusions and attacks from the internet. In its rst yearof operation, the system blocked more than 16,000 intrusions and attacks, signicantly improving theeciency and stability of our cybersecurity defense.
Case:Firewall IPS
Meanwhile, based on our existing system, we have actively invested resources to upgrade and optimize our softwareand hardware information system in order to meet the business needs. Through targeted eorts to improve systemperformance and stability, we have upgraded the entire IT system in terms of system construction, management opti-mization, and infrastructure enhancement. This has laid a solid foundation for the in-depth IT application in the Com-pany’s business and injected new vitality into our long-term development.To continuously improve our information security management, we conduct an annual information security riskassessment to analyze potential sources of risk, such as server hardware failure, network equipment failure, andnetwork operators. We also comprehensively assess factors that could lead to service disruption. On this basis, we haveprioritized our businesses recovery, to ensure stable business development in a secure network environment.
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgradethrough Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented fora Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
Improving Qualityto Become aQuality Model
We adhere to high standards and strictrequirements, persistently pursuing positiveproduct development to further improve ourproduct quality and brand impact. We arecommitted to providing our global customerswith the most competitive products of reliablequality and service, thus achieving sustainableglobal development for the Company.
Quality ControlLean Management
Quality Control
Adhering to our quality policy of “Provide customers cost-eective, defect-free products anderror-free performances”, we carry out quality control measures by ensuring reliability and goodquality of design, production, and customer service. We are committed to providing customers withhigh-quality products and services, continuously satisfying customers, and winning market trust.
Provide customers cost-eective, defect-free products and error-free performances.This Quality Policy takes precedence over all other considerations and leaves noroom for error or failure.
To ensure product quality and improve customer satisfaction, we have established the comprehen-sive quality management system based on ISO 9001:2015 Quality Management Systems. We con-tinuously optimize internal system documents such as the IC Development Procedure, ProductCertication Control Procedure and so on, to guide and standardize all steps of product develop-ment. We have received the ISO 9001:2015 Quality Management Systems Certication, ISO17025:2017 Laboratory Management Systems Certication, and other certications. This reects ourprofessional and rule-based practices in quality management. During the Reporting Period, 3PEAKwas honored with the Premium Quality Award by the Verband Deutscher Elektrotechniker (VDE),an internationally renowned and authoritative testing and certication organization, in recognitionof its excellent performance in product quality and reliability. In addition, to meet the needs of cus-tomers in dierent countries and regions around the world, all our isolation products (industrialand automotive) can be supplied with a full range of safety certicates.
Quality Management System
ISO 9001:2015 Quality ManagementSystem Certication
3PEAK's Full Range of Safety Certications
Premium Quality Award from VDE
3PEAK’s Quality Policy
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgrade
through Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented fora Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
We continue to improve the APQP Procedure, the FMEA Guidelines, the Production Parts Approval and Control Proce-dure, the Process Audit and Control Procedure, the Product Safety Management Procedure, and other system docu-ments in accordance with the IATF 16949 Automotive Quality Management System. In response to requests fromglobal leading automotive customers, we have developed new documents including the Product SAFE LAUNCH Proce-dure. This has further enhanced our automotive quality management and ensured that our product design, production,and sales meet the applicable safety regulatory requirements and the requirements of automotive customers.With our internally developed automotive quality management system and advanced product design verication capa-bilities, we have developed a series of standard development procedures. It outlines functional safety which coversfunctional safety management, system development, hardware development, support process, safety analysis andother steps in the product lifecycle by following the “Quality Based, Safety First” functional safety policy. Additionally, itadheres to the requirements of the ISO 26262:2018 Road Vehicles Functional Safety Management System, on the basisof our existing automotive quality management system and development process system. During the Reporting Period,we obtained the ISO 26262:2018 ASIL D process certication, the highest level of automotive functional safety, pavingthe way for our development of automotive functional safety products in the future.During the Reporting Period, 6 of our automotive-grade products were selected in the Domestic Automotive-GradeChip Reliability Analysis Catalog. All of our automotive-grade products received the AEC-Q100 certication, furtherdemonstrating our leading strength in the automotive chip eld.We have established and implemented a comprehensive quality control system that aligns with the characteristics ofthe Company. We strictly adhere to the requirements of the ISO 9001 Quality Management System and the IATF 16949Automotive Quality Management System. This ensures every step of product development from project approval,design, production, and verication to delivery is subject to stringent standards and controls. We also have conductedan in-depth analysis of potential quality risks and continuously improve our quality management to maintain superiorproduct performance and high customer satisfaction.
Develop quality and product assurance plans based oncomprehensive feasibility and risk analysis and the productrequirements
Product Quality Management and Control
Automotive-Grade Product Quality Management
ProjectApproval
Finished product delivery inspection, warehouse environ-ment control, automated WMS management, mass produc-tion data system monitoring, online reliability monitoring,and failure analysisDelivery
Chip electrical performance testing, application testing,reliability verication and process vericationVerication
Wafer WAT and CP testing, IQC inspection (packaging/ap-pearance), production yield and process monitoring, andCPK monitoring of key process parametersProduction
Review key nodes against internal product design specica-tions and design checklists, identify risks and failure modesin advance through FMEA analysis, and implementclosed-loop problem management in the design and veri-cation stages following the one-vote veto mechanism forquality reviewDesign
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgrade
through Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented for
a Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
In December 2023, our Automotive-Grade Test Plant in the Suzhou Industrial Park com-menced operation. As one of our priority projects, the test plant is designed to testhigh-end automotive-grade wafers and nished chips. It aims to deliver high-perfor-mance, high-quality, and high-reliability products through continuous technical innova-tion. The operation of the test plant consolidates our independence and controllingpower in high-end wafer and nished product testing. It also enhances the synergybetween R&D technology and testing processes, while bolstering quality control of theentire chip testing process. The center also provides us with strong support for supplychain security, technical condentiality, and R&D iteration.
Case: Automotive-Grade Test Plant in Suzhou positioned to testhigh-end automotive-grade wafers and nished chips
3PEAK’s Automotive-Grade Test Plant
Mechanisms for Continuous Improvement of Product Quality
3PEAK is committed to fostering a working environment that encourages internal qualityimprovement and focuses on sustainable quality enhancement. We have formulated the Contin-uous Improvement Process and established the Continuous Improvement Team and the Contin-uous Improvement Expert Group to continuously improve product design, process eciency,and technology.
Continuous Improvement Promotion
Implementcontinuousimprovement
projectsSummarizethe results ofcontinuousimprovementEvaluateand giveincentive
Identifyimprovement
needs
Review
Set up theContinuousImprovement
Team
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgrade
through Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented fora Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
3PEAK's Annual CIP Activity Review Wrap-up Meeting
We carry out continuous improvement process (CIP) activities mainly to improve eciency, quali-ty, and to reduce costs. We continue to optimize our existing workows and promptly respond tomarket changes, thereby maintaining our market competitiveness. During the Reporting Period,3PEAK completed 22 CIP projects, signicantly improving product design, reducing costs, andincreasing eciency.
In 2023, after 7 months of close cooperation with an outsourced plant, we successfullycompleted the CIP Improvement Project for Voids and Contaminates in Plastic Packaging.After analyzing the situation and the causes, the project teams on both sides came upwith an eective improvement plan, which was proved to be successful. Ultimately, wewere able to reduce the online defect rate below the target value, eectively reducingresource waste and energy consumption.
CIP ProjectDevelopmentand ImplementationProcess
Project
approval
Targetsetting
CauseanalysisEectverication
Achievementannouncement
Strategyformulation
and implementation
Case: CIP improvement project for voids and contaminates in plastic packaging
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgradethrough Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented fora Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
In 2023
quality trainingsessions conducted
coverage of qualitytraining for employees
100%
Proactively identify commonsupplier issues and potentialsupplier risks in dierentdimensions, processes, andfactories through the quarterlyOne Point Lesson (OPL) shar-ing
Resident engineers conduct key processwalkthroughs, perform sampling inspec-tion on key quality data and follow up onserious anomalies as required to helpsuppliers improve their capacitiesCarry out regular self-assessment auditsand on-site audits, as well as annual eval-uations of suppliers, to spur them to con-tinually improve the quality of their deliv-eries
Encourage suppliers to strength-en their weak points through theannual CIP project and the quali-ty issue CIP projectCoordinate the output standardsof all factories based on ourdierent process standards forwafers and intermediate andpackaging tests; and empowerfactories failing to meet therequirements through meetings,eld instruction, and specicguidance
Risk identicationMonitoring and auditContinuous improvement
Suppliers are our key partners, and we are committed to working together to promote the growth and developmentof the industry by supporting and collaborating with them in an all-round manner. We have established a series ofquality control specications for wafer and packaging test suppliers such as the Supplier Management and ControlProcedure, the Supplier Audit Procedure, and the Supplier Scoring Specication. These standards provide clearrequirements for the selection, auditing, certication, day-to-day management, and performance assessment of sup-pliers. We ensure the reliability of suppliers through measures such as risk identication, monitoring, auditing suppli-ers, and continuous improvement. These eorts provide solid support for our development by ensuring the quality ofsuppliers.
Supplier Quality Management
We place great emphasis on improving employees’ quality awareness and con-tinuously deepening their understanding of the importance of quality andparticipate more actively in quality improvement. We provide comprehensiveand in-depth quality training to new employees to ensure that they understandand identify with our quality targets and policies. For existing employees, weorganize regular quality training programs and activities, including CIP courses,the communication of quality culture and knowledge to all employees, and thelearning of IATF 16949 Automotive Quality Management System, as well as theve tools for the automotive industry. In addition, we test employees’ learningresults and quality awareness through the all-sta quality awareness assess-ment. In 2023, 100% of all employees passed the assessment.
Raising of Quality Awareness
Supplier Quality Management Initiatives
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgrade
through Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented for
a Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
Quality Culture and Awareness Training for All Sta
Training on VDA 6.3:2023 Automotive Industry
Quality Management Process Audit
Lean ManagementTo improve the eciency and quality of production, we continuously enhance lean management. Specically, we analyze and manage the threemajor modules of manufacturing engineering, product engineering, and warehouse management in a rened manner, to ensure that the Com-pany maintains a leading position in the erce market competition and achieves sustainable development.
Lean Management Measures
Manufacturingengineering
Clarify responsibility of positions: Manage the manufacturing engineering in a professional manner, and divide themanufacturing process into three modules: wafer engineering, packaging engineering and testing engineeringOptimize manufacturing process: Improve product quality and reduce rework through data analysis and optimiza-tion of related parameters and manufacturing processes
Productengineering
Modularize management: Manage dierent product lines in a modularized manner, sort out factors aecting prod-uct performance and mass production yield, and solve problems in the introduction of new productsOptimize customer complaint analysis: Conduct timely data interpretation and modular orientation analysis forproduct problems, and provide solutions
Warehousemanagement
Implement 5S management: Manage the warehouse site according to the 5 requirements of “Seiri, Seiton, Seiso,Seiketsu, Shitsuke”, standardizing the warehouse operation and managementIntroduce digital management: Implement the warehouse management system (WMS) and product warehousingprocesses to reduce errors in product delivery and improve eciency
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgradethrough Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented fora Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
Working Togetherfor IndustrialProsperity
3PEAK has always been committed to build-ing fair, trustworthy, and win-win relation-ships with customers, suppliers, and otherstakeholders. We continue to improve cus-tomer satisfaction through various ways andwork with suppliers to build a sustainablesupply chain. We also actively participate inindustry exchanges, and promote school-en-terprise cooperation, to drive the commonprosperity of the industry.
Customer ServiceDistributor ManagementSupplier ManagementIndustry Development
3PEAK strives to meet customers’ demands eciently with a high standard of quality service to satisfy customers. We conduct the customer satisfac-tion survey at least once a year, which covers eight aspects, such as cost performance, product quality and reliability, product failure rate, deliverytimeliness, communication and coordination, and technical support. We communicate with customers about their dissatisfaction in a timely manner,and put forward and implement improvement suggestions and plans. During the Reporting Period, we conducted satisfaction surveys on 41 key cus-tomers, and received a comprehensive score of 92.1, an increase of 0.2 points from the previous year.
Customer Service
Customer Satisfaction Survey
Insisting on establishing good relationships with cus-tomers, 3PEAK continues to improve customer servicewhile strengthening distributor management, providingcustomers with quality products and services to gaintheir favor.
3PEAK is dedicated to providing customers withhigh-quality products and services. Specically, we haveformulated the Customer Satisfaction Control Procedure,the Customer Complaint Handling Procedure, the OrderManagement Procedure, the Return and ReplacementManagement Procedure and the Failure Analysis Man-agement Control Procedure, and other system docu-ments. These procedures build a customer satisfactionsystem focusing on prompt response, customizedservice, and product promotion to further improve cus-tomer service. In addition, to better serve our overseascustomers, we are gradually building a global R&D anddesign, technical service, and sales network. During theReporting Period, we set up new sales and support oc-es in Germany, America, Korea, and Japan, expanding ourservice in the global market.
Customer Satisfaction
Organize eld application engineers (FAE) toprovide on-site technical support to solveproduct and technical problems of customersin a timely mannerCommunicate with customers on the applica-tion of products and technology optimizationat a deep level, and understand customers’requirements and feedback on quality, todynamically adjust and update the Compa-ny’s priorities on product optimization
Prompt response
For customers’ needs of productand the application, the Companyoers customized or semi-cus-tomized products and solutions,which are veried in advance forfeasibility
Customized services
Display the Company’s products andtechnologies through the ocialwebsite, WeChat ocial account,product brochures and other waysto strengthen customer under-standing of products and brandrecognition
Product promotion
Measures for Enhancing Customer Satisfaction
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgrade
through Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented for
a Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
We attach great importance to user experience and customers’ opinions. Therefore, wehave established a customer complaint response team consisting of FAE, CQE, sales andother personnel, which is required to follow the dened response process and handle cus-tomers' complaints in a timely manner.
Complaint Response
With a sound recall system, we have formulated procedural documents such as the Nonconforming Product Con-trol Procedure, the Corrective and Preventive Action Control Procedure, the Return and Replacement ManagementProcedure, and the Failure Analysis Management Control Procedure, which stipulate the process and correctivemeasures for product recall. For recalls of mass-produced products, a recall letter will be issued by the QualityDepartment, and the recalled products will be analyzed for causes. Corresponding corrective measures will also beformulated and tracked for verication.
Product Recall
Adhering to the concept of responsible marketing, we highlight the current and future changes in customerneeds. Meanwhile, we ensure the accuracy of publicity and marketing materials from all channels, which mustpass the Company’s internal review. For information protection, we have set up a strict information isolationmechanism to manage the information of each distributor and customer in a hierarchical manner. Meanwhile,we require new joiners to sign a relevant condentiality agreement, thus forming a long-term mechanism forinformation protection. During the Reporting Period, the Company had no complaints relating to responsiblemarketing.
Responsible Marketing
Customer Complaint Process
Customer Satisfaction Survey Process
Warehousing/Reviewby MRBCheck andconformation
by the QCReceiptconformation
by thewarehouseAuthorizationby thegeneralmanagerReview by
thedepartmentApply forreturn andReplacement
Return and Exchange Process
Initiatecustomersatisfactionsurveys
Collectcustomerfeedback
Analyze andevaluate the
feedback
Develop andimplementimprovement
plans
Track andverify theimprovement
plans
Conrm the samplesubject to customercomplaints andfailure condition
Completepreliminary failureanalysis
Complete rootcause analysis andtake correctivemeasures
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgrade
through Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented fora Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
Focusing on distributor management, we have formulated and improved the Distributor Management WorkGuidelines, the OA System Operation Manual for Distributorsand the New CRM System Operation Manual,to continuously optimize and promote the synergy and eciency between the Company and the distribu-tors, realizing the eective management of the distributors. To support business globalization, the Companyhas optimized the CRM system and continued to improve the management capabilities of distributorsthrough a variety of measures.
We continuously strengthen the review and signing of the Sunshine Agreement, the ExportControl and Sanctions Compliance Commitment Letter, and other agreements with the distrib-utors, screening clients submitted by distributors in the system for compliance, to avoid rele-vant risks. During the Reporting Period, all newly introduced domestic distributors signed theSunshine Agreement.We have established a comprehensive hierarchical mechanism for distributor elimination toensure the quality of our customer service. Our annual distributor assessment focuses on sever-al aspects, including sales, market expansion, stocking-up, and customer complaints. Distribu-tors who do not meet the assessment criteria are regularly eliminated from our network. Tostrengthen the technical support to distributors, 3PEAK provides a series of training to assistdistributors in improving their capabilities. During the Reporting Period, we organized 11online and 2 oine training sessions themed on product and technology, typical productapplications, and new product releases, which gained positive feedback from distributors.
The Company strengthens daily commu-nication with its distributors, analyze themarket prospects and the market expan-sion feasibility for target customers inadvance, discusses ways of cooperationon a regular basis.
Distributor Management Measures
Follow up the feedback of product use ina continuous manner and investigate thepotential problems of the product andpromotion in a timely manner, and assistin solving problems.
Reward and motivate top performingdistributors.
Understand the situation and demand ofproduct and technology in the distribu-tors’ market, and customize online prod-uct and technology training activities indierent themes and elds.
Distributor Management Training
Distributor Management
Enhance daily communicationGet feedback in a timely manner
Set up incentive mechanismsCustomize training
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgradethrough Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented fora Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
3PEAK has continually developed and improved the standardized supplier onboarding process andstrengthened the requirements for supplier onboarding process. We conduct in-depth reviews andassessments from various dimensions, such as cost, delivery, service, reliability, product quality, andtechnical capabilities, to select the suppliers that meet the requirements.During the Reporting Period, we hada total ofproduction suppliersof which approximately
located in the Chinese mainland
(according to the origin of the suppliers)
71%
We integrate the assessment mechanism into the whole life cycle of supplier management. The Com-pany continues to strengthen the assessment mechanism. In this regard, the Company conductsannual audits of suppliers, including quality system audits, process audits, and social responsibilitymanagement audits. Moreover, the Company conducts quarterly qualication assessments on quality,engineering, delivery, and price. Based on the scores of the above assessment, suppliers are catego-rized into ve grades: A, B, C, D, and E, for hierarchical management. Improvement initiatives for sup-pliers at dierent grades are developed and monitored for implementation, tailored to suppliers indierent grades. Meanwhile, for ensuring a stable supply, we have alternative suppliers to reduce therisk of supply chain disruption and protect the security of the supply chain.
In addition, to incentivize our suppliers, we conduct the annual comprehensive evaluation in fourmodules: quality, engineering & service, delivery, and price, and give excellent suppliers the Best Sup-plier Quality Award and the Best Supplier Support Award.
During the Reporting Period,100%of our production
suppliers passed the relevant audits.
We rmly believe that synergistic cooperation with suppliers is an important part of sustainabledevelopment. 3PEAK expects to achieve win-win results with suppliers through value co-creation.Additionally, we have developed internal policies such as the Supplier Management and ControlProcedure, the Supplier Audit Procedure, the Requirements on the Supplier and the Supplier Scor-ing Specication. These policies aim to constantly control and improve the standards of supplieronboarding process, assessment and the quality of our products, jointly building a formidable andreliable supply chain system.
Supplier Management
Supplier Onboarding Process
Supplier Assessment
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgrade
through Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented fora Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
Endeavoring to convey the ESG concept across the supply chain, 3PEAKfocuses on the ESG performance of suppliers and requires suppliers to takethe initiative to assume ESG responsibility, contributing to a sustainablesupply chain. During the Reporting Period, we formulated the Code of Con-duct for Suppliers’ Social Responsibility, committing to building a healthy,safe, responsible and sustainable supply chain ecosystem. Meanwhile, to facil-itate energy saving and emission reduction and to reduce the tension ofcarbon emission in the industry chain , we have formulated the annual EHSquestionnaire to look into the related situation of suppliers on EHS and green-house gas emission. In addition, we set ESG-related assessment requirementsfor supplier onboarding process and annual audits:
Evaluate suppliers’ perfor-mance in labor, occupation-al health, safety, ethics andcertication of socialresponsibility managementsystems
Evaluate suppliers’ perfor-mance in environmental pro-tection and require candidatesuppliers to obtain the ISO14001 Enviroment Manage-ment system certication.Sign the EnvironmentalProtection Agreement withsuppliers
Social
Environmental
Responsible Supply Chain
3PEAK adopts the business model of Fabless (IC design enterprise of fabless semiconductor company), under which the Com-pany can pool the resources to invest in R&D, design, and sales of analog chips, and outsource the manufacturing to relevantsuppliers. We fully recognize that the risk of using conict minerals in the production of our suppliers is harmful to the environ-ment and society. Therefore, we have established the 3PEAK Conict Minerals Management Policy and made the Declaration ofConict-Free Minerals to our customers, pledging not to use conict minerals. These eorts are made to ensure that we do notdirectly or indirectly purchase products or materials in which conict minerals have been used.With a rigorous supplier onboarding process and management mechanism, we select and cooperate with industry-leadingsuppliers that have outperformed their peers in conict minerals management. We have formulated mechanisms such as theSupplier Management and Control Procedure, which requires all suppliers to comply with domestic and international require-ments for the management of conict minerals, and to establish and implement the conict minerals management system.Focusing on the sources of our suppliers’ mineral raw materials, we require them to submit questionnaires based on the Con-ict Minerals Reporting Template (CMRT) and the Extended Minerals Reporting Template (EMRT) issued by the ResponsibleMinerals Initiative (RMI). Through continuous “conict-free minerals” surveys on the supply chain, we ensure that all raw materi-als such as aurum (Au), tantalum (Ta), wolfram (W), and Stannum (Sn) are not sourced or procured from mines in conict zonesin the Democratic Republic of the Congo (DRC), smuggled, or from mines controlled by non-governmental military groups orunlawful military factions. Meanwhile, we require suppliers’ mineral raw materials from trade routes to be “conict-free”, forexample, not exported directly from the DRC or through countries such as Rwanda, Uganda, Burundi, Tanzania, and Kenya.During the Reporting Period, all of our production suppliers formulated and strictly implemented the conict minerals manage-ment system according to the above requirements and none of the raw materials supplied involved conict minerals. There-fore, the metals used in the Company’s products are DRC Conict-Free.
Non-Use of Conict Minerals
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgrade
through Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented for
a Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
Case: 3PEAK was invited to the ICAC Workshop
To fully leverage the dual advantages of university academics and corporate talents, 3PEAK activelypromotes industry-university collaboration and IC talent cultivation. Specically, the Company haslaunched the 3PEAK University Program and set up scientic research projects in cooperation withuniversities, enabling the Company to accurately meet the application-oriented innovative talentneeds.Since 2021, 3PEAK has launched the 3PEAK University Program to focus on the training of innovativetalents in the industry, guided by the needs of the industry. In 2023, we set up the 3PEAK Scholarshipin major universities to reward students with excellent academic performance and encouragestudents to study hard. At the same time, we donated to Tsinghua University's "Department of Elec-tronics Engineering Characteristic Training Project" to help with the construction and development ofthe Department of Electronics Engineering from Tsinghua University, and jointly train more high-quali-ty talents in the industry. During the Reporting Period, 3PEAK donated a total of RMB 620,000.In 2023, 3PEAK continued to deepen industry-university-research cooperation, carried out in-depthscientic research cooperation and exchanged with the 3 major universities, to promote the transfor-mation of scientic research results in the future. By the end of the Reporting Period, we had cooperat-ed with 6 universities, including Tsinghua University, Fudan University, Zhejiang University and theUniversity of Science and Technology of China.
3PEAK adheres to cooperation for shared benets to promote the prosperity of the industry. We activelyparticipate in industry exchanges, strengthen industry-university-research cooperation and talent cultiva-tion, and continue to promote the 3PEAK University Program, contributing to the steady progress of theindustry.Industry Exchange Participation
School-Enterprise Cooperation PromotionTo promote industry collaboration, we leverage our brand inuence and leadership. We actively partici-pate in industry exchanges, step up eorts to establish the Company’s credibility, enhance brand value,and keep abreast of market trends, striving to realize synergistic development and mutual benet.
Industry Development
In 2023, 3PEAK was invited to the 5th
Workshop on IC Advances in China (ICAC)
2023. At the workshop, 3PEAK shared the
history and culture of the Company, and
the hot topics in the chip industry to
inspire more relevant people to actively
participate in the technology seminar and
jointly create a better future for China’s IC
industry.
The Workshop on IC Advances in China (ICAC) 2023
Case: 3PEAK was invited to the 5th Analog Semiconductor Conferenceand share the latest technological inno-vations and market trends with leadinganalog semiconductor companies andexperts. Focusing on high-performanceanalog chips and embedded proces-sors under the theme of “Exploring theValue of Platform-Based Analog ChipCompany”, the Company demonstratedthe determination to adhere to positiveR&D and to continuously explore waysfor high-quality development in theindustry.
In September 2023, 3PEAK was invited to the 5th Analog Semiconductor Conference to discuss
3PEAK Exchanged Ideas with Peers at the5th Analog Semiconductor Conference
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgrade
through Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented fora Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
People-orientedfor a Better Future
Talent is the most valuable asset in thedevelopment of 3PEAK. Adhering to thecorporate culture values of “integrity,responsibility, cooperation, innovation andgrowth”, we practice the talent concept ofcommon growth with our employees. Wehave formulated a talent development strat-egy that recognizes each and every one of3PEAK as a business partner. We conductregular talent inventory and have estab-lished a diversied talent pool to continu-ously empower the growth and develop-ment of our employees. We strive to makeeveryone feel loved and cared for, and ulti-mately build a diverse, inclusive, harmoni-ous, and friendly 3PEAK family.Employees’ Rights and InterestsEmployee DevelopmentEmployee CareEmployees' Health and Safety
As of the end of the Reporting Periodemployees withdisabilities
female managers abovemiddle level
30 %
women in senior management20 %
Employees’ Rights and InterestsA corporate culture of equity, respect, inclusiveness, and diversity is the source of the Company’s continued vitality. Strictly complying with the requirements of the Labor Law of the People’s Republic of China, theLabor Contract Law of the People’s Republic of China and other laws and regulations, 3PEAK has formulated rules and policies such as the Employee Handbook, the Administrative Measures for Recruitment Manage-ment, the Remuneration and Benet Management System, and the Administrative Measures for Cross-Level Communication to eectively safeguard the legitimate rights and interests of the employees.
3PEAK is committed to building and maintaining a diverse and inclusive culture. Adhering to the policy of diversity of talents, we recruit diversetalents on an equal footing. We do not discriminate or treat anyone unfairly due to educational background, religion, nationality, marital status,race, color, or ethnicity. We provide unique warmth and care for special groups of employees, enabling every employee to gain a sense ofbelonging, respect, and value in 3PEAK.We give considerable weight to the protection of the legitimate rights and interests of female employees. In addition to maternity leave,prenatal check-up leave, and parental leave in accordance with the law, we provide female employees with maternity insurance, babycare rooms, benets on Women’s Day, as well as fair and impartial opportunities for promotion and employment. Actively responding to thegovernment’s call, we have cooperated with the local federation of people with disabilities to provide equal employment opportunities forpeople with disabilities. By the end of the Reporting Period, the Company had 6 employees with disabilities.3PEAK insists on labor compliance to create a harmonious, healthy, friendly, and safe working environment. We strictly prohibit the use of childlabor, forced labor, and gender discrimination. All of our employees are of legal age or older, in compliance with the minimum working agestipulated by the relevant national laws and regulations. All employees of the Company enjoy the right to personal liberty, and in the eventthat their right to personal liberty is violated, they can report to their immediate superior or the Chairman of the Board of Directors or to theCompliance Department. During the Reporting Period, there were no incidents of child labor, forced labor, or gender discrimination in 3PEAK.
Equal Rights and Diversity
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgradethrough Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented for
a Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
Case: 3PEAK organized campus talks at Fudan University
The diverse perspectives of our employees help to stimulate creativity and innovation in our teams, thusproviding our customers with a greater variety of quality products and services. To meet the talent needsof continuous, stable, and rapid development, 3PEAK clearly standardizes the recruitment process. 3PEAKalso insists on diversied recruitment, such as social recruitment, campus recruitment, school-enterprisecooperation, and other channels, to attract a wide range of excellent talents, and inject strong momentuminto the talent pool of the Company.The Company draws up annual talent plans based on product development needs and business units’outlook on performance. In March 2023, the Company introduced the Moka system to further integraterecruitment channels, standardize the recruitment management processes, and improve the conversionrate of each recruitment stage. During the annual campus recruitment period, we conduct online andoine recruitment seminars in 9 major target universities, including Zhejiang University, Southeast Univer-sity, the University of Science and Technology of China, Fudan University and Tsinghua University. Thisenables more college students to know and recognize 3PEAK in all-round ways and assists them in theircareer choices. During the Reporting Period, the Company invited a total of 35 students from major univer-sities to visit the Company in the pre-campus recruitment period. The students were enabled to under-stand the cutting-edge knowledge of the semiconductor industry and the working environment, and toexperience the corporate culture of 3PEAK, laying a foundation for the Company to attract outstandingtalents.
Diversity in Recruitment
At the end of 2023, we organized campus talks at Fudan University, which covered the Com-development history, marketpositioning, and competitiveadvantages, and shared ourcore products and cutting-edgetechnologies. Throughin-depth exchanges withFudan students, we hope toinspire their passion forscience and technology inno-vation and attract more out-standing talents to join ourteam, jointly promoting theinnovation and developmentof the Company.
Campus Talk in Fudan University
3PEAK INCORPORATED
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2023 Environmental, Social and Governance Report
employees
Number of employees by gender
female employees
29.60%
with an increase of percentagepoints over the previous year
1.73
labor contractsigning rate100%
Number of employees by educationbackground
MaleFemale
Bachelor degreeAssociate degreeor belowDoctor degreeMaster degree
Number of employees by age
Number of employees by position
50-59≥6030-39
40-49
Technical staSales staManagement sta
Considering the requirements of laws and regulations and the needs of the Company, 3PEAK has formulated and continu-ously optimized the Remuneration and Benet Management System and the Remuneration and Benet ManagementRules. These policies provide employees with competitive remuneration and comprehensive benets. We conduct annualremuneration surveys and analysis and continuously improve the remuneration system and long-term incentive mecha-nism, to eectively motivate employees through scientic, fair, and reasonable remuneration mechanism. We have built aremuneration incentive system linked with performance. Under the system, employees receive variable pay includingannual performance bonuses, sales bonuses, and mid- to long-term incentives, in addition to the xed pay. Meanwhile, weinsist on sharing the fruits of long-term development with our employees. Therefore, we implement the employee stockownership plan and equity incentive plan in a continuous manner, rewarding employees with outstanding performanceaccordingly. Prior to the listing, the Company set up 2 employee stock ownership platforms, with 83 employees included.These employees held a total of 6,693,054 shares, accounting for 11.16% of the total share capital at that time.
In addition to a competitive remuneration system, we provide all employees with continuous and comprehensive socialwelfare. 3PEAK provides employees from dierent countries and regions with statutory social welfare that meets the stan-dards set by the countries and regions where the Company operates. Meanwhile, we provide employees with multipletypes of benets such as supplementary commercial health insurance, trac accident insurance, meal allowance, commu-nication allowance, talent apartments, 24-hour gym, birthday gifts, and long-term service incentives. In 2023, the Companybegan purchasing aviation accident insurance for overseas employees, further expanding the coverage of commercialinsurance for employees.
Remuneration and Benets
the Company has launched the restrictedshare incentive scheme for 3 times
with a total of4,420,357 shares of restricted shares, accounting for 3.34%of the total share capital
beneted a total of 435 employeesSince the listing in 2020
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2023 Environmental, Social and Governance Report
To protect employees’ right to free choice of employment and reasonable workinghours, we implement a people-centric working hours management system. Specically,employees are entitled to exible commuting time, two-day weekends, and statutoryholidays in accordance with local regulations. We protect employees’ rights to annualleave, sick leave, maternity leave, marriage leave, bereavement leave, parental leave,and other leave in accordance with the law. We also provide benets such as supple-mentary annual leave, supplementary paid sick leave, and long service leave to eligibleemployees.
24-Hour Gym in 3PEAK
In 2023
Eective communication is key to maintaining the team in good shape for ecient operations. Therefore, wehave established diverse, equal, and open employee communication and complaint mechanisms. Under themechanisms, employees can communicate with the Company through multiple channels, such as worke-mail, public complaints from employees, and online oce platforms. In this way, the Company can under-stand the expectations of the employees from various aspects and listen to their demands.To regulate the management of internal communication and establish smooth communication channels, wehave formulated the Administrative Measures for Cross-Level Communication. This measure enables employ-ees to communicate directly with their superiors at higher levels or members of the Company’s senior man-agement about any suggestions on the Company’s operation and management. We also encourage our man-agement sta to understand the demands and expectations of our employees at dierent levels and topromptly resolve diculties in employees’ work and life. The Company organizes quarterly sta meetings,conducts regular satisfaction surveys, and investigates and discusses major matters relating to employees, toensure eective feedback for employees’ demands. During the Reporting Period, the Company conductedfunctional department satisfaction surveys and IT system satisfaction surveys for all employees. The functionaldepartment satisfaction survey covers three aspects: work attitude, professionalism, and evaluation for depart-ment heads, covering 88.7% of employees. The IT system satisfaction rate was 82.7%. In addition, we strive toenhance employee satisfaction by conducting optimization and improvement in response to comments andsuggestions of employees.Moreover, the Company conducts regular interviews with employee representatives of dierent age groupsto understand intergenerational dierences and career development concerns and to promote intergenera-tional communication. To “better introduce the history of 3PEAK and inherit 3PEAK culture”, we collectedstories of employee representatives, listened to the voices and feedback of our employees, and compiled theCorporate Culture Handbook. By doing so, we further optimized our corporate culture framework, andenhanced employee cohesion and teamwork, laying a foundation for the Company’s sustainable develop-ment and long-term success.
Employee Communication 100%
coverage rate of employees whoshould pay social insurance
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgrade
through Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented fora Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
Based on the business strategy and human resource planning, 3PEAK continues to improve thejob level system. Specically, we have constructed a dual-channel development model for man-agement and professional development, and formed ve professional standard sequences of R&D,sales, operation, function, and handling, as well as dozens of sub-sequences under them. Addition-ally, we have standardized the position setting and opened up horizontal development channelsbetween professional sequences to support employees to grow in the Company.We improve the employee qualication system on the basis of the job level system. Specically,we carried out the person-post matching and talent inventory, to implement the qualicationsystem. By doing so, we are committed to identifying high-potential talents and building a talentpool to provide an eective basis for talent selection, utilization, training, retention, and evaluation.Meanwhile, we continue to improve the TCMM system, and support employees in their pursuit ofpersonal advancement in academic degrees, professional certications, leadership, etc.
Career Development
Employee Development
Talent is an important engine for the sustainable development of enterprises. To realize thecommon growth of talents and the Company, 3PEAK continuously innovates and improves thetalent development system. The Company provides employees with a broad career developmentplatform and diversied professional training, continuously broadening the space for employees’career development.
The Qualication System of 3PEAKStandard-
setting
AssessmentTalent echelon
TCMMSystem
GrowthDevelopment
To match the personal goals and development of our employees, we have established a “perfor-mance-oriented” assessment mechanism to enhance the initiative of our employees and help themachieve self-growth at 3PEAK. We have formulated the Performance Management Policy, requiringemployees to set individual performance objectives at the beginning of each year. The Human ResourcesDepartment is required to conduct semi-annual performance assessment and feedback to understandthe achievement of employees’ performance objectives, so as to better assist them in setting personaldevelopment directions and more reasonable performance objectives. In addition, we have formulatedthe 360 Appraisal Management System, which enables employees to understand the evaluations andfeedback from their departmental subordinates, department heads, and cross-departmental colleagues.To ensure fair and impartial performance appraisal, we have established a smooth and upward feedbackchannel for employees. This channel enables employees to report their disagreement, if any, over theperformance appraisal results to the department and HRBP. During the Reporting Period, our employeeperformance appraisal covers 100% of employees.
Performance Appraisals
3PEAK INCORPORATED
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2023 Environmental, Social and Governance Report
We value the training and development of ouremployees and have established a comprehen-sive and mature training system based on theTCMM model. The training system covers train-ing sessions on leadership, professional compe-tence, and general ability. Meanwhile, we oer awide variety of online and oine training cours-es. In addition to internal training, we cooperatewith renowned external training organizationsevery year to provide our employees withhigh-quality online and oine courses coveringmultiple dimensions such as leadership andquality systems. The Management are supportedto participate in academic enhancement pro-grams that meet their needs and to obtaindegrees such as Master of Business Administra-tion, to enhance their management skills. Mean-while, employees are encouraged to obtain rele-vant professional certicates according to jobrequirements to improve their professional skills.In 2023, 3PEAK conducted 61 training programscovering all departments and levels of employ-ees, with 100% employee training coverage.
Talent Development
Targeted leadership training programs for newly promoted managers,middle managers, senior managers and employees with great potentialto empower managers and outstanding employees
3PEAK’s Training System
Leadership training
Professional competency training for R&D, sales, operations, quality andother business departments, including professional skills, nance,human resources, supply chain, strategy and other directionsProfessional competence training
General ability training for all employees, especially newcomers such asfresh graduates, covering rules and regulations, professionalism, andvocational skills, helping employees quickly understand and recognizethe Company’s values and corporate culture, and improving the overallquality of employees.
General ability training
3PEAK INCORPORATED
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2023 Environmental, Social and Governance Report
Online training platform: 3PEAK Academy
Emphasizing the construction of an internal trainer system, the Company has set up a team of experiencedinternal trainers. In addition, our online training platform, 3PEAK Academy, provides a vast amount of trainingresources for all employees to help them better understand the Company and grow quickly.
3PEAK Academy is a customized online training and learning platform with 6 catego-ries of professional courses. With more than 1,300 courses on corporate culture,onboarding guide, professional post knowledge, management and leadership, profes-sionalism and comprehensive quality, the platform helps employees improve their abil-ities and support their business. By the end of 2023, the login rate of 3PEAK Academyhad reached 100%, the learning rate of employees had reached 99%, the number ofinternal new courses had reached 331, an increase of 118% over the previous year, andthe per capita training hours has increased by more than 20 hours.
3PEAK Academy
The NCG Training Program of 3PEAK
The Leadership Training Camp
3PEAK INCORPORATED
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2023 Environmental, Social and Governance Report
Total training hours(Unit: hours)
Management training hours
14,300
training hours per person
new employees training hours
5,406
training hours per person
R&D employees training hourstraining hours per person2021
32,883
2022
63,347
2023
81,500
Average training hours(Unit: hours)2021
83.25
2022
97.00
2023
108.67
Training hours by training category(Unit: hours)
24,129
2022
39,218
31,080
50,420
45,734
17,613
57,865
23,6352023
Training hours by gender(Unit: hours)20222023
Online trainingOine trainingMaleFemale
Case: Internal trainer system constructionIn 2023, we organized the rst internal trainer training, and through systematic training and assessment,we certied 36 internal trainers and developed 36 standard courses and 5 high-quality micro-courses. Inaddition, we encourage employees to conduct independent learning and share learning contentthrough performance appraisal plus points to promote internal knowledge extraction and precipitation.The company has established a culture of internal trainers, and for the rst time, we organized a Teach-ers' Day event to recognize and incentivize internal lecturers and lead instructors at all levels.
65,741126
Training for Internal Trainer Rened Small-Scale Courses
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgrade
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Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented fora Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
Employee CareAdvocating the balance between life and work,3PEAK endeavors to create an atmosphere ofhappy work and life for every employee. Wehave formulated the Management Norms forTeam Building Activities to enhance employ-ees’ happiness and sense of belonging by orga-nizing various activities. We organize quarterlysta meetings, annual parties, and internal orcross-departmental team-building activities ona regular basis to enrich employees’ life. Wehave set up 20 diversied sta clubs such asbasketball, soccer, badminton, table tennis,tennis, swimming, running, cycling, Zumba,yoga, and choir, carrying out rich club activitiesevery week. We are committed to creating acomfortable, warm, and happy working envi-ronment. Focusing on the needs of employees,we carry out various activities on a regular basissuch as festival care, family day, afternoon tea,the TCM consultation, and medical rst aidlecture, caring for and supporting employeesfrom dierent aspects.
Team Building Activities
Family Day
Club ActivityMedical Emergency Drill
Science and Technology Innovation
Salon for YouthAnnual Meeting
Case: Giga Force Cup - semiconductor industry badmintoninvitational tournamentIn April 2003, 3PEAK participated in the “Giga Force Cup”, a badmintontournament of the semicon-ductor industry. After 2 days oferce competition, our teamstood out among the 42 bad-minton teams and won thesilver medal.
The Badminton Team of 3PEAK Won theSilver Medal in the Giga Force Cup
3PEAK INCORPORATED
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People-oriented fora Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
Employees' Health and SafetyWe always put employee health and safety rst and strictly comply with laws and regulations related to occupational healthand safety, providing a healthy and safe working environment for employees. During the Reporting Period, the Company hadno work-related injuries. Occupational medical examinations for employees exposed to hazardous factors in the laboratoryachieved coverage of 100%, with zero abnormality identied.
We care about the physical and mental health of our employees and con-tinue to enhance their awareness of safety and protection. We provideannual medical check-ups, rst aid kits, and common medicines for allemployees. We also invite professional instructors to give employeesworkplace stress relief and emotion control courses. Furthermore, weregularly carry out health and safety awareness publicity and emergencydrills for our employees to enhance their ability to deal with emergencies.
Organize regular occupational healthchecks for employees exposed tooccupational hazards.For positions exposed to occupation-al hazards, we provide the employ-ees with noise-cancelling head-phones, earmus and other protec-tive equipment.Increase work breaks or intervals, uselow-noise equipment, and adopteective protection facilities.Pay attention to employees' drinkingwater and indoor air quality and con-duct annual testing on drinkingwater and indoor air quality.
Occupational Hazard Prevention
Formulate the Laboratory Management andControl Procedures, and Laboratory Aairsand Safety Management Procedures, reninglaboratory safety management matters, andelaborating the precautions for the use ofsome laboratory instruments and equipment.Implement a daily safety inspection mecha-nism, conduct regular quarterly safety moni-toring and hazard investigation, and reportand handle laboratory safety incidents andhazardous items in a timely manner.Establish laboratory entry and exit regulations,enforcing the wearing of standard workclothes and necessary protective equipmentfor personnel entering the laboratory.
Laboratory Safety Management
Review re drill programsannually and hold regularall-hands re drills.Enhance employees’ safetyawareness in their workand life and build up theircapabilities of emergencyresponse to re.
Fire Hazard Detection
Supplementary Commercial Insurance Publicity Lectures
Fire Drill
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgradethrough Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented fora Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
Developing GreenProducts andPracticing Low-Carbon Operation
Green development has become a globalpursuit across industries. 3PEAK activelyintegrates the concept of green develop-ment into the whole process of daily opera-tion. We promote energy saving and emis-sion reduction, strictly control hazardoussubstances, and practice green oce togradually transform to a resource-savingand eco-friendly operation mode and sharea sustainable and green lifestyle.
Clean Technology DevelopmentHazardous Substances ControlEnergy Saving and Emission Reduction
Clean Technology DevelopmentClean technology innovation is one of the core strategies of 3PEAK. We are committed to leveraging our businessstrengths, continuing to promote R&D and application of new clean technologies based on green products. Toachieve the optimal balance of cost eciency, environmental friendliness, and product performance, we focusheavily on the optimization of chip size and the reuse of packaging materials throughout the life cycle of projectdevelopment, aiming to eectively reduce resource consumption.
We focus on new energy and battery-related chip products development, such asbattery management systems, as well as gallium nitride (GaN) and silicon carbide (SiC)drivers, digital isolators required by photovoltaic inverters, and other products. Mean-while, we are actively investing in the R&D of drive and power supply systems for newenergy vehicles (NEVs) with the goal of enhancing performance, improving eciency,and extending battery life.
We are working closely with our partners in green product development to developautomotive-grade products of low power consumption. During the Reporting Period, wesuccessfully developed the only homemade CAN transceiver supporting the selectivewake up frame, which has passed the IBEE 15kV contact discharge tests and has goneinto mass production. The product features high reliability, high eciency, and usability,injecting new momentum into the development of the automotive industry. In thefuture, we will continue to work closely with our partners to optimize product perfor-mance, and promote the innovation and application of green technology, to contributeto sustainable development.
Application of 3PEAK Cleantech Products
PhotovoltaicInverter + Energy
Storage System
Drive and ControlSystems for NEVs
Battery ProductionEquipment
Environmental
Monitoring
Through innovative design, while ensuring product performance, we reduce the wafer die size usedby the product , increasing the output of a single wafer die quantity.To avoid excessive packaging, the Company has developed customized cartons that match the prod-uct size according to the volume of products
Product Design Improvement
Reuse the empty box llers, moisture-proof bags, and wafer cassettes returned from suppliers. Duringthe Reporting Period, 1,200 wafer cassettes were recycled, and at least 2 types of cardboard boxes andmoisture-proof were reused without procurement.
Packaging Material Reuse
As of December 31, 2023, the Company had 47 valid patents related to clean technology (reducingenergy consumption, saving raw materials, and improving product life).Among them, 17 patents were related to energy consumption reduction, 19 patents related to rawmaterials saving and 11 patents related to the extension of product life.
Cleantech-related Patents
3PEAK INCORPORATED
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2023 Environmental, Social and Governance Report
Case: Automotive-grade CAN Transceiver TPT1145xQ Series with Specic Frame Wake-upFunctionality
| ? 2023 C&S |
TesthouseC&S group GmbHSchweigerstrasse 13AD-38302 WolfenbuettelPhone: +49 5331/ 90 555 - 0Fax: +49 5331/ 90 555 - 110
| Final Test Report | P22_0212-3_3PEAK_IOPT- |
PN_TPT1145_report01Date of Approval: 2023-Feb-01
| Device Under Test | Customer |
Object Family TPT1145Q-SO2R-STPT1145Q-DFKR-STPT1145NQ-SO2R-S
Order No. P22_0212
| TPT1145NQ-DFKR-S | |||
| Manufacturer | 3PEAK INCORPORATED | Name | 3PEAK INCORPORATED |
| Type / Version | TPT1145Q-SO2R-S |
Address 666 Zhangheng, ZhangjiangHightech Park, Pudong,Shanghai, 201203
Sample marking 3PEAK TPT1145 BAMP
| P.R. China | ||
| Number of Pages | 22 | |
Test Period from ww47/2022 until ww48/2022
Test Method / Test Requirement CAN IOPT Test for devices
- with CAN FD up to 5 Mbit/s- with low power
| - with selective wake-up functionality | |
| Performed Tests and References | 1 Interoperability test specification for high-speed CAN |
transceiver or equivalent devicesIOPT.CAN v022 Static Tests based on:
ISO 16845-2:2018, Road vehicles — Controller areanetwork (CAN) conformance test plan — Part 2: High-speed medium access unit — Conformance test plan
| Conformance Test Results | The Test Results refer to the delivered device |
| 1 Homogeneous Network with |
16 Nodes / 8 Nodes
| Pass | |
| Heterogeneous Network with |
16 Nodes – Mix of 68 Nodes – Mix of 5
| Pass | |
| 2 Test type 1, static test cases | Pass |
For detailed information see chapter Test List at the following pages.This Test Report shall not be reproduced without written approval of the test house, except in full andunchanged
| Approved by | Test performed by | |
| L. Kukla, Project Manager | M. Mohammad, Project Engineers |
TPT1145xQ passes German C&S conformance test
In 2023, 3PEAK introduced the TPT1145xQ series, an automo-tive-grade CAN transceiver that supports specic frame wake-upfunctionality. The CAN transceiver features a common-mode anddierential bus protection voltage of ±70 V, making it suitable for24-V battery systems and allowing for greater design margin in12-V battery platforms. As the rst and only high-performanceproduct of its kind in China, the TPT1145xQ series can be appliedin vehicles to increase the driving range of new energy vehiclesand reduce carbon emissions from traditional vehicles.
Case: 3PEAK’s green eorts:new automotive chips exhibited in Guangzhou
Case: High-Performance Embedded ProcessorsDuring the Reporting Period, 3PEAK launched the TPS32 MCU products. True to the design concept of“more functional, cost-ecient, lower-consumption, faster and better products”, this series narrows thechip size without increasing the cost while reducing power consumption to the lowest level and makingthe main frequency run faster. While working hard to meet the new green development and energysaving requirements, we manged to ensure the overall performance of the chips.
In November 2023, 3PEAK introduced its new automotive chips at the China Guang-zhou Automotive Technology Expo. We focus on power consumption control in chipdesign and rely on energy-saving technologies such as dynamic voltage regulationand power management to enable automotive chips to function well while reducingpower consumption and extending the service life of automotive batteries. In addi-tion, to meet the diversied needs of automotive systems, we have reduced the use ofperipheral devices to improve system integration and reliability by reducing systemcosts, which helps the automotive industry to reduce costs, improve eciency, andtherefore contributes to greener transportation.
3PEAK exhibited new automotive chip at the China Guangzhou Automotive Technology Expo
3PEAK INCORPORATED
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2023 Environmental, Social and Governance Report
Hazardous Substances ControlAs a Fabless design company, 3PEAK attaches great importance to thegreen requirements of raw materials, always adheres to the HazardousSubstance Free policy of “Abide by environmental laws and regulations,strictly control harmful substances, and produce green products” andassumes the responsibility of managing hazardous substances. In addi-tion, we strictly follow laws and regulations and have formulated the Lab-oratory Aairs and Safety Control Procedures, the Hazardous SubstanceControl and other policies and systems, which standardize the control oflaboratory waste by specifying the type of waste, storage time, and subse-quent disposal procedures. In addition, we have formulated ROHS Com-pliance Declaration and Declaration of REACH, showing our determina-tion to the management of hazardous substances.
Frequency of Abnormal Occurrence of Hazardous Substances in Raw MaterialsThe Timely Rate of Hazardous Substances Test ReportsNumber of Complaints about Hazardous Substances from Customers
98%
CompletedCompletedCompleted
KPITargetTarget ReviewOur goals and performance of hazardous substance control during the Reporting Period are as follows:
We comply with the Restriction of Hazardous Substances (RoHS), the Registration, Evaluation, Authorization and Restriction ofChemicals (REACH), Persistent Organic Pollutants (POPs), and other domestic and international regulations and customers'requirements. At the same time, based on the requirements of the IECQ QC080000 Hazardous Substance Process ManagementSystem, we fully implement the management of harmful substances in product design and production processes.
Hazardous Substance Process Control
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2023 Environmental, Social and Governance Report
Laws andRegulations/CustomerRequirements
Materials MonitoringCollect, identify and reviewlaws, regulations and cus-tomer requirements, andprovide timely feedback tocustomers or update docu-ment lists based on theresults of the review.
Before new materials are put intothe warehouse, we need tocollect its harmful substancestest report, MSDS report, etc., andconrm that the material meetsthe environmental requirements.After approval, they will enterinto the qualied environmental-ly friendly materials warehouse.
The Quality Departmentregularly monitors the com-pliance of hazardous sub-stances in materials, andsystematically controls thevalidity of third-party testreports and SDS (earlywarning, overdue withhold-ing).Waste TreatmentQuality Control
Supply chain processmanagementDisposal of nonconform-ing products due toexcess of hazardous sub-stance standards.We conduct cause analysisof scrap and verify theeectiveness of correctiveand preventive measures.
Before mass production,we collect and conrmmaterial composition lists,hazardous substance testreports and REACH testreports or declarations fornished products.
We give priority to QC080000Certied ManufacturerSuppliers' hazardous sub-stance management systemsare evaluated according to theannual supplier audit program;Investigate suppliers whenlaws and regulations areupdated.
Since its incorporation, 3PEAK has started to manage hazardous substances, andcarried out the whole-process hazardous substance control from procurement to,supplier management, incoming material inspection, process control, and abnormalhandling. Considering that dierent products or materials are exposed to dierentrisks of inclusion of hazardous substances, we have formulated the EnvironmentalHazardous Substances Management Procedure, which sets out the test items andlimits of hazardous substances in products or materials by level based on therequirements of the corresponding directives. We conrm the content of hazardoussubstances in products or materials through valid third-party test reports, to ensurethat the chemicals used in the products or materials meet the relevant requirementsof RoHS and REACH.3PEAK will continue to pay attention to the updates of laws and regulations regard-ing hazardous substances, collect feedback from customers about their require-ments for hazardous substances, and identify raw materials that are susceptible tohazardous substances and items that need to be audited promptly. In addition,3PEAK receives customer surveys and audits on hazardous substances every year,completes internal audits and outsourced plant audits on a scheduled basis, andcontinuously optimizes management in response to audit ndings.
To enhance the awareness and professional knowledge of relevant sta on hazard-ous substance management, we regularly conduct professional training every yearand assist relevant sta to pass the qualication of IECQ QC 080000 Hazardous Sub-stance Process Management System Internal Auditor. In 2023, we conducted haz-ardous substance control training for sales, FAE, CQE, and other relevant personnel,which covered the 3PEAK's hazardous substance management policy and objec-tives, knowledge of related laws and regulations, hazardous substance managementprocedures, and customer requirements for hazardous substance management.
Training on Hazardous Substance ProcessManagement
Incoming materials process control
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgradethrough Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented fora Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
Energy Saving and Emission Reduction
Energy Saving and Emission ReductionAs an advocate of the concept of green development, 3PEAK has formulated the Guidelines for the Use of New Oces to promote green oce. We embed the green concept in daily operations by adopting vari-ous initiatives such as paperless oce, installing energy-saving and emission-reduction equipment, and enhancing employees' awareness of environmental protection. The Company encourages employees tosave energy in their life and work and to create a simple and moderate, civilized, healthy, and environmentally friendly atmosphere while striving to achieve coordinated and sustainable development of people,resources, and the environment.
Note:
Indirect GHG emission (Scope 2) is derived from the greenhouse gas emissions generated by 3PEAK andits subsidiaries' main oces in Shanghai, Suzhou, Chengdu, Hangzhou, Beijing and Suzhou Test Centre byconsumption of outsourced power. The emission factor is calculated using the average emission factor ofthe national power grid released by the Ministry of Ecology and Environment in 2022. (Calculation formu-la: greenhouse gas emissions = total annual electricity consumption × average grid emission factor)
*
Electricity consumptionGHG emission (Scope 2)*GHG emission density
kWhtCO
etCO
e/million RMB
5,570,8973,177.08
2.90
KPIUnits2023
Install handwritable electronic screens in conference rooms and promote a paperless oceImplement classied garbage collectionConduct daily after-hours inspections and turn o all air conditioning and lightingInstall low-consumption equipment to replace water bottles
Green Oce
Use energy-saving appliances with Class-I energy eciency; install intelligent lighting withLED lights; and adopt intelligent group control program for the refrigeration system.Use FMCS system to complete the intelligent optimization of energy management andenergy eciency monitoring.
Energy-saving Equipment
Post water and paper saving tips in restrooms and other areas to raise employees' aware-ness of saving.Awareness Improvement
3PEAK INCORPORATED
Improving Governance andConsolidating Operation Foundations
Driving Product Upgradethrough Innovation
Improving Quality toBecome a Quality Model
Working Together forIndustrial Prosperity
People-oriented fora Better Future
Developing Green Products andPracticing Low-Carbon Operation
2023 Environmental, Social and Governance Report
Without accumulating small steps, one cannot reach a thousand miles; without accumulating small streams, one cannot form great rivers and seas. Sustainable development has become an increasingly importantcomponent of business operations as stakeholders become increasingly concerned about ESG issues. As a practitioner of long-termism, 3PEAK integrates ESG practices into the development strategy, corporatemanagement, and operation to achieve sustainable development for both business and society.We will keep pace with modern corporate governance and ESG governance, establish a soundcorporate governance structure and various management systems, strengthen internal control andrisk management, and comply with business ethics. We will plan how to bring more economic andsocial value to stakeholders through higher-quality corporate governance.
Strengthen Corporate Governance
We will continue to practice the corporate mission, adhere to the concept of independent devel-opment and innovation, continue to promote technical R&D and product innovation, and expandthe diversied applications and scenarios of products, to provide customers with innovative, fullycompetitive analog and embedded products and solutions.
Achieve Product Innovation
We will continue to uphold the principle of high standards and strict requirements, improve qualitycontrol, strengthen supplier quality control, provide customers with quality products and services,and continuously improve product quality and brand inuence, to realize the Company’s vision of“To become a respected leading analog and embedded solution provider in the semiconductorindustry”.
Pursuit of Excellent Quality
We will continue to build fair, trustworthy, and mutually benecial relationships with all parties,improve customer satisfaction, establish sustainable supply chains, further cooperate with industrypartners, and actively participate in industry exchanges. We will keep on cultivating talents toempower industrial prosperity and development.
Enhance Strategic Cooperation
In response to the carbon peak and neutrality targets in China, we will advocate green develop-ment, improve R&D and application of clean technology and green products, and actively promoteour own energy conservation and emission reduction actions, and practice green oce, in a wayachieving green and high-quality development.
Promote Green Development
Sticking to the values of “integrity, responsibility, cooperation, innovation and growth”, we will con-tinue to improve the talent training and development mechanism, provide employees with adiverse, equal, harmonious, and inclusive work environment, care for the health and safety ofemployees, and strive to enhance the sense of well-being and belonging of employees.Looking ahead, the Company will seize the opportunity to continue stable development and enhance core competitiveness. Through high-quality development, we will promote the progress of the industry andproduct applications and provide customers with high-quality and reliable products and services, contributing our share to the global IC industry.
Care for the Development of Employees
Future Outlook
Future Outlook Glossary of TermsIndicator IndexReader’s Feedback
3PEAK INCORPORATED
2023 Environmental, Social and Governance Report
AbbreviationParaphrase
3PEAK, The Company, we
Signal chainEmbedded processor
AmplierConvertor
ComparatorAnalog IC
ADCAECAFEAPQPASILBCMC&S certicationCAN
3PEAK INCORPORATED and its subsidiariesThe path of the signal from input to output in a system, from the collection, amplication, transmission, processing of the signal to the generation andexecution of the corresponding power deviceThe general name of the computing and control core devices in embedded systemsA device that amplies the voltage or power of an input signalA device that converts an analog or digital signal to a digital or analog signalA circuit that compares an analog voltage signal to a reference voltageAnalog Integrated CircuitAnalog to Digital ConverterAutomotive Electronics CouncilAnalog Front EndAdvanced Product Quality PlanningAutomotive Safety Integration LevelBusiness Continuity ManagementGerman Communication & System Group Laboratory certicationController Area Network
Glossary of TermsFor the convenience of expression and reading, the title in this Report refers to the following:
Future Outlook Glossary of TermsIndicator IndexReader’s Feedback
3PEAK INCORPORATED
2023 Environmental, Social and Governance Report
释义AbbreviationParaphraseCIPCPKCP testCQECRMDRC Conict-Free
FAEFMCSFMEAGaNICP test reportIPSIQCLDOLEDMCUMRB
Continuous Improvement ProcessComplex Process CapabilityChip Probing testCustomer Quality EngineerCustomer Relationship ManagementDemocratic Republic of the Congo Conict-FreeField Application EngineerFacility Management and Control SystemFailure Mode and Eects AnalysisGallium nitrideInductively Coupled Plasma test reportIntrusion Prevention SystemIncoming Quality ControlLow Dropout RegulatorLight-Emitting DiodeMicrocontroller UnitMaterial Review Board
Future Outlook Glossary of TermsIndicator IndexReader’s Feedback
3PEAK INCORPORATED
2023 Environmental, Social and Governance Report
MSDSOAOPLPCTPSRRPMICREACH
RMIRoHSSDSSiCTCMMUSBVDEWATWMS
Material Safety Data SheetOce AutomationOne Point LessonPatent Cooperation TreatyPower Supply Rejection RatioPower Management ICREGULATION concerning the Registration, Evaluation, Authorization and Restriction of ChemicalsResponsible Minerals InitiativeRestriction of Hazardous SubstancesSafety Data SheetSilicon carbideTraining Capability Maturity ModelUniversal Serial BusVerband Deutscher ElektrotechnikereWafer Acceptance TestWarehouse Management System
Future Outlook Glossary of TermsIndicator IndexReader’s Feedback
3PEAK INCORPORATED
2023 Environmental, Social and Governance Report
AbbreviationParaphrase
Indicator IndexReader’s FeedbackDear readers,We sincerely appreciate your time out of your busy schedule to read this Report, which is the 3rd Environmental,Social and Governance Report published by 3PEAK. In order to full the communication of this Report and eec-tively advance the ESG management and practices of 3PEAK, we sincerely invite you to ll in the feedback formto help us make continuous improvement.
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About This ReportLetter from Chairman
2023 Highlights
Aligned UN SDGs
About UsCorporate CultureMilestonesDevelopment Strategies and PlanningInnovation and R&DIntellectual PropertyInformation SecurityLean ManagementQuality ControlDistributor ManagementSupplier ManagementIndustry Development
P4.1、P4.3、P4.4P4.2P3P4.3
2-12-12-12-1Corporate GovernanceESG Governance
G1
/S5.1、S5.2、S5.3
V2.7、V2.8
/204、308-1、414-1203-1
2-1、2-6、2-9、2-10、2-16、205-2、206、405-1
2-9、2-12、
2-13、2-22、2-29、3-2
P11P2P3/
V2.1、V2.2、V2.3、V2.4
/S4.6S4.1、S5.1
V4.4
//
414-1、416-1
/417-1
2-2、2-3
/201-1
/
ChapterCASS ESG 5.0GRI Standards
About 3PEAKImproving Governance
and ConsolidatingOperation Foundations
Driving Product
Upgrade through
Innovation
Improving Quality
to Become aQuality Model
G2.2、G3.1、G3.2、G3.5、G3.6
Customer ServiceWorking Together for
Industrial Prosperity
S4.1、S4.3、S4.4、S4.5、S4.7
Employee Development
Employee Care
S2.1、S2.2、S2.4
S1.10
404-1、404-2、404-3
/
Clean Technology Development
Hazardous Substances Control
Energy Saving and Emission Reduction
E1.8、E2.6、E3.10E1.1A1/A4A5
////
301、302-5/
401-1、401-2、401-3、405-1、406、408、409
Employees’ Rights and InterestsPeople-orientedfor a Better FutureDeveloping GreenProducts andPracticing Low-Carbon Operation
Future OutlookGlossary of TermsIndicator IndexReader’s Feedback
S1.1、S1.2、S1.3、 S1.4、S1.5、S1.6、S1.7、S1.8、S1.11
302-1、302-4、303-5、305-2、306-3、306-5E1.5、E2.2.、E2.10、E2.14、E3.8、E5.6
403-2、403-3、403-5、
403-6、403-7、
Employees' Health and SafetyS3.1、S3.5
Future Outlook Glossary of TermsIndicator IndexReader’s Feedback
3PEAK INCORPORATED
2023 Environmental, Social and Governance Report