BSunshine Global Circuits Co., Ltd | 2023 AnnuallyESG Report
Sunshine Global Circuits Co.,
Ltd.
2024Annually
Environmental,Social&
GovernanceReport
ReportingBoundary
ThisreportispublishedbySunshineGlobalCircuitsCo.,LTD.Theinformationanddatainthereportmainlycoverthecompany'senvironmental,socialandcorporategovernancerelatedpracticesduringtheperiodfromJanuary1,2024toDecember31,2024.Basedonthecontinuityandcomparisonofthereports,somedataandinformationarenotlimitedin2024.
ReportingPrinciple
ThisreportreferstotheGRIstandard,theISO26000:2010Guidanceonsocialresponsibilitystandard,theUnitedNationsSustainableDevelopmentGoals(SDGs),andtheSelf-RegulatoryGuidelinesforListedCompaniesissuedbytheShenzhenStockExchangeNo.17-SustainabilityReport(trial)requirementsareprepared.
ReportContent
Inpreparingthereportcontents,thecompanyadherestothecriticality,integrity,andresponsivenessprinciplesoftheGRIstandard.Thereportcoversthreemainaspects:Organizational,Governance,andSociety&Environment.Itfocusesonthecompany'sresponsibilityinESGgovernance,productresponsibility,environmentalresponsibility,andemployeeresponsibility.Thedataandinformationforthisreportarecollectedfollowingthecompany'sexistingworkflow.
Referringdescription
Fortheconvenienceofexpressionandreading,SunshineGlobalCircuitsCo.,Ltd.isreferredtoas‘theSGC’or‘Company’or‘We/us’ . The copyright of this report belongs to Sunshine Global Circuits Co., Ltd.PublishmodeThe report is released annually and is available for browsing or download on the company's official website(https://www.sunshinepcbgroup.com/).Foranyquestionsorsuggestionsaboutthereport'scontent,feelfreetocontactus.
Email address：esg@sunshinepcb.comPhone number1:+86 (0)755-2724-3597Phone number2:+86 (0)755-2724-3968Fax:+86 (0)755-2724-3609
About thisreport
Global Presence Local Service
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
Message fromManagement06CompanyCulture072024ESG PerformanceInformation08
02OrganizationalGovernance:
04Environmental-friendly
06TransparentProcurement
01SGCOverview
1.1 Global OperationsOverview12
1.2Milestones16
1.3 Economic PerformanceMetrics18
1.4 Awards andRecognitions19
Foundation ofGrowth
Leading Green & IntelligentManufacturing
Fulfilling SocialResponsibilities
2.1ESG GovernanceStructure24
2.2BusinessEthics26
4.1 Hazardous SubstancesControl466.1 ResponsibleProcurement
2.3Risk Management and InternalControl284.2 Building a GreenEnterprise486.2 Charitable and Public WelfareActivities
2.4ESG KeyIssues294.3 Clean ProductionManagement50
4.4 Responding to ClimateChange51
3ProductInnovation
Empowers a ConnectedWorld
3.1 R&DandInnovation34
3.1 QualityManagement37
3.1 Quality Control andTest40
3.1 EnhancingCustomerSatisfaction42
5People-oriented,Supporting
EmployeeDevelopment
5.1 OurEmployee56
5.2 EmployeeRightsProtection57
5.3 Occupational HealthandSafety59
5.4 Training andDevelopment66
5.5 EmployeeCare68
Catalogue
Reader Feedback76
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
MessageFromManagement
企业文化
愿景
战略
使命创新赋能智联世界双碳构建美好生活核心价值观
客户导向，高效协同专业专注，共创共享
成为全球高精电子电路绿色智造领航者
创新驱动的国际化专精市场领先
董事长：
DearPartners,InvestorsandStakeholders:
Duringthecriticalperiodwhentheglobaleconomiclandscapeisundergoingdeepadjustmentsandindustrialchangesareaccelerating,MingYangCircuithasalwaysregardedsustainabledevelopmentasthecoredriverofstrategictransformation.Wearefullyawarethatasagloballeaderinelectronicinterconnectionsolutions,wehaveaspecialmissiontocombatclimatechange,promoteinclusivegrowthandbuildacrediblegovernancesystem.Wearesystematicallybuildingagreenmanagementsystemcoveringtheentirelifecycleofourproductsanddeeplyintegratingclimatescienceintooperationaldecisions.Bycontinuouslyoptimizingtheenergystructureandpromotingthelarge-scaleapplicationofrenewableenergy,weplantoreduceenergyconsumptionby20%andincreasetheuseofrenewableenergyto30%atourproductionbaseswithintwoyears.Inthefieldofmaterialinnovation,wearecommittedtoreshapingtheenvironmentallyfriendlysupplychainoftheelectronicsindustry,andweplantointroducefivenewtypesofbiodegradableandrecyclableenvironmentallyfriendlymaterialsinthenexttwoyears,settinganewbenchmarkfortheindustry.Intelligenttransformationoftheproductionbasehassignificantlyimprovedtheefficiencyofresourceutilization,layingasolidfoundationforthebenigninteractionbetweenindustryandecology.Second,talentcapital:empoweringfuturemulticulturalismTalentcapitalisalwaysthecoreelementofourvaluecreation.Wehaveestablishedacompetencydevelopmentsystemthatrunsthroughthecareercycleofouremployees,andcontinuetounleashthepotentialoftalentsthroughcustomizedtrainingprograms.Overthepastyear,wehaveprovidedmorethan90trainingprogramsforouremployees,withanaveragetrainingtimeofmorethan9hoursperemployee.Inbuildingacultureofdiversityandinclusion,wehaveestablishedmulti-levelcareerdevelopmentpathsandsystematicallyeliminatedbarrierstoequalityintheworkplace.Relyingonourglobaloperationnetwork,wewillcontinuetocarryoutscientificandtechnologicaleducationinitiativestohelpcultivateafuture-orientedindustrialtalentpipeline.CorporateGovernance:ContinuousAlignmentwithInternationalStandardsCorporategovernancecontinuestoadvancetowardinternationalbestpractices.ThespecialcommitteesetupbytheBoardofDirectorshasrealizeddynamicmonitoringofESGrisksandbuiltaliabilitymanagementsystemcoveringtheentiresupplychain.Throughdigitaltools,wehavetransformedourethicalsourcingstandardsintoanenforceablesupplierassessmentmechanism,andweplantoconductaninitialassessmentoftheenvironmentalandsocialresponsibilityofalloursupplierswithintwoyearstoensurethatourbusinesspartnersworkwithusonthepathtosustainabledevelopment.Continuousupgradingofinformationsecurityanddatagovernancecapabilitieshasfurtherstrengthenedthefoundationoftrustinthecustomerecosystem,withtheincidencerateofdataleakagefallingtolessthan1%.Win-WinCooperation:CreatingaSustainableFutureTogetherWefirmlybelievethattruebusinessleadershipisembodiedinpositiveresponsestomajorglobalchallenges.MingYangCircuitiswillingtobuildasustainablevaluenetworkwithallpartnerstoshapeamoreresilientfuturefortheelectronicsindustrythroughtechnologysynergy,standardizationandecologicalempowerment.Welookforwardtoworkingwithyoutodevelopin-depthcooperationinthefollowingareas:1.GreenSupplyChainInnovation:Wewilljointlyexploremoreapplicationscenariosforenvironmentallyfriendlymaterialstopromotethegreentransformationoftheindustry.2.TalentCultivationProgram:Wewilljointlycarryoutscientificandtechnologicaleducationinitiativesforthebenefitoftheindustry,andcultivatemorehigh-calibertalentsfortheindustry.3.DataSharingandGovernance:WewillshareESGdatathroughthedigitizedplatformtoenhancethetransparencyofthesupplychainandthesynergyofefficiency.Let'suseinnovationasthepenandresponsibilityastheinktowriteanewchapterofhumancommercialcivilization.Thankyouforyourvisionandtrust,andwelookforwardtoworkingwithyoutocreatelong-termvaluethattranscendsbordersandcycles.
CompanyCulture
VisionDutyInnovation Drives a Smart-ConnectedWorldDual Carbon Policy Buildsa BetterLife
Keyvalue
Customer-Oriented, EfficientCollaborationProfessional and Dedicated, Co-Creation andSharing
Becoming the Global Leader in
Green and Intelligent Manufacturing
of High-Precision ElectronicCircuits
Strategy
Innovation Brings the Leading
Position in Global Specialty
Market
Performanceindicator2024
First TimeYield（%）
89.87%
Government incentives and support funds（10kRMB/Year）
675.25
Water Consumption(T/Year)
1,163,335.00Wastewater Discharge(T/Year)
779,104Total electricity consumption(KWH/Year)
133,964,972Natural Gas(KWH/Year)
1,276,498Diesel(KG/Year)
74,661.1Solid waste discharge(KWH/Year)
24,374.19Gasoline(KG/Year)
21,196.23Material Batch Qualification Rate(%)
99.98%
FQA Sampling Set PassRate（%）
99.14%
R&D Investment (10kRMB/Year)
7,633.84Number of R&D groupmember
Female Middle-to-Senior ManagementRatio（%）
8.82%
Frontline Employee Average Wage Ratio to Local Minimum Basic Wage
3.81:1
Average employeesatisfaction（%）
89%Gender Pay Ratio for SamePositions（%）
1:1Labor contract signingrate（%）
100%Employee Health ExaminationRate（%）
100%Work-Related Deaths(person/Year)
Occupational Disease Diagnoses(Times/Year)
Safety Training Course(H/Person/Year)
15.3
Employee Annually Training(H/Year)
59,151.64
Employee Training Cost (10kRMB/Year)
35.24
Average Employee Training Time (H/Person/Year)
23.89
Number of New Supplier CertificationAudits
Annual Supplier SERAudit
2024ESG PerformanceData
Total Assets (BillionRMB）
11%
Employee AverageCompensationGrowth Rate(%)
Number of trainingcourses
Environmentalprotectioninvestment (10kRMB / Year)
Tax (10KRMB/Year）R&D Investment (10kRMB/Year)
100%EmissionMonitoringCompliance Rate (%)
PatentsGranted
3.51%
Staff turnover rate（%）
Annual Product Volume(10k m
/Year)Sales Revenue (BillionRMB/Year）
Safety Investment (10kRMB/Year)
15,386.16
Recovery of the amountofrecyclable waste (Ton/Year)
100%
WastewaterTreatmentCompliance Rate (%)
Product HarmfulSubstanceComplaints(PCS/Year)
EconomicInformation
87,588.80
Scope 2 Emission(TCO
-e/Year)
3,188.96Scope 1 Emission(TCO
-e/Year)
90,777.73
Scope 1&2 Total Emission(TCO2-e/Year)
34.56
1,940.847,633.84
82.54
15.59
2,637
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
Sunshine Global Circuits Co., Ltd | 2023 AnnuallyESGReport
SGCOverview
OrganizationalGovernance:Product InnovationEmpowersaEnvironmental-friendly, LeadingPeople-oriented,SupportingTransparentProcurementFulfilling
FoundationofGrowthConnectedWorldGreen &Intelligent ManufacturingEmployee DevelopmentSocialResponsibilities
1.Global OperationsOverview
2.Milestones
3.Economic PerformanceMetrics
4.Awards andRecognitions
SGCOverview
SGC is a professional PCB manufacturer , equipedwith powerful R&D capability and professional productline. Following the mission of“Innovation Drives a Smart-Connected World, Dual Carbon Policy Builds a BetterLife”, we are dedicated to becoming the global leader in environmental-friendly and intelligent manufacturing ofhigh-precision printed circuitedboard.
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport1213
1.1 Global OperationsOverview
SGCwasestablishedinJuly2001andisheadquarteredinXinqiaoStreet,Bao‘anDistrict,Shenzhen.OnFebruary1,
2018,itwaslistedontheShenzhenStockExchange(stockabbreviation:明阳电路,stockcode:300739).Aftermorethan
twentyyearsofdevelopment,SGChassixmajorproductionbasesandsalesentitiesunderitsumbrella:ShenzhenSGC,
JiujiangSGC,GermanySGC,MalaysiaSGC,HongKongSGC,andtheUnitedStatesSGC.Itsbusinessscopecovers
multiplecountriesandregionsworldwide.Formanyyears,thecompanyhasbeendedicatedtotheresearch,development,production,andsalesofhigh-endcircuit
boards.Basedonthestrategicpositioningof"innovation-driveninternationalmarketleadershipinspecializedareas,"the
companycontinuouslyincreasesitsinvestmentinresearchanddevelopmentandtechnology.Itsproductsincludemultilayer
boards,HDIboards,high-speedboards,rigid-flexboards,flexibleboards,thickcopperboards,high-frequencyboards,ATE
boards,andMiniLEDboards.Leveragingthedifferentiatedlayoutofeachproductionbase,thecompanycanmeet
customers'diverseneedsfromsamplestosmallandmediumbatches.ItsproductsarewidelyusedinAIservers,automotive
electronics,medicaldevices,energypower,electroniccommunications,andindustrialcontrol,amongotherfields.
InJuly2023,SunshinePCB(Penang)Sdn.Bhd.wasestablishedinMalaysia.ThecompanyoriginatedfromtheVisionfactorylocatedinPenang,Malaysia.AfterSGCacquiredVision,aseriesofintelligentupgradesandexpansionswerecarriedout,increasingthemonthlyproductioncapacityto7,000squaremeters.Theprocessingcapabilitynowcovers2-12layerPCBs.Currently,anewsecond-phasefactorywithaconstructionareaof135,000squaremetersisbeingplanned.Thecompanyaimstobecomealeadingmanufacturerofrigid,RF,andmicrowavePCBsinSoutheastAsia,layingasolidfoundationforSGCtoexpanditsinternationalmarket.
SunshineMalaysia
JiujiangSGCwasestablishedinJuly2011andislocatedintheJiangxiJiujiangHigh-TechDevelopmentZone.Witharegisteredcapitalof1.273billionRMB,itcoversanareaof130,000squaremeters.Thecompanyhasthecapabilitytomass-produce2to40-layerPCBsandoffersspecializedproductlinesforhigh-speed,rigid-flex,thickcopper,high-frequency,andMiniLEDmarkets.
SunshineJiujiang
localized and customized services to customers in the European region.
SunshineGerman
In2013,SunshinePCBGmbHwasestablishedinRemscheid,nearDüsseldorf,Germany.ThecompanyoriginatedfromtheRINDEfactory,whichwasfoundedin1966andhasahistoryofproducinghigh-techproducts,including12-18layerPCBsandhigh-densityPCBs.Underthestrategyof"ClosetoCustomers,Real-TimeSupport,"SunshinePCBGmbHprovides
SGCheadquartersislocatedinShenzhen,knownasthe"SiliconValleyofChina,"witharegisteredcapitalof299millionRMB.Itboastsa20,000-square-meterfacilityandapproximately1,000experiencedemployees.Withastrongtechnicalfoundation,SGCfocusesontheincubationanddevelopmentofquick-turnboards,ATEproducts,andcomplexhigh-layer-countproducts.
SunshineShenzhen
SunshineShenzhen
SunshineJiujiang
SunshineGerman
SunshineMalaysia
1415
power amplifier （wFEM）Block converter （BUC）
■
LowAltitudeEconomy
■Product andService
Inthecontextofcontinuouslyevolvingcustomerdemandsandincreasinglyintensedifferentiatedcompetition,SGChasproposedaninnovation-driveninternationalmarketleadershipstrategy.Thisstrategyfocusesontheresearch,production,andmanufacturingofspecializedproductssuchashigh-speed,rigid-flex,thickcopper,high-frequency,ATE,andMini
LED.TheseproductsarewidelyusedinAIservers,automotiveelectronics,medicaldevices,energyandpower,electroniccommunications,andindustrialcontrolfields.Adheringtothebusinessphilosophyof"globallayout,localservice,"thecompanycontinuouslyexpandsitsoverseasproductionandsalesbases,providinghigh-qualityandefficientservicestocustomersincountriesacrossAsia,Europe,andtheAmericas.
■Industriallayout
Inthefuture,wewillstrengthenourfoundationalandproductresearchanddevelopmenttoenhanceproducttechnicalcompetitivenessandincreasetheproportionofsalesofmid-to-high-endPCBs.Additionally,wewilladapttotheevolvingmarketdemandsbyintensifyingeffortsininternationalmarketexpansion,aimingtoincreasethecompany'sglobalmarketshare.
ElectronicCommuni-cations
MedicalDevices
Energy &Power
AutomotiveElectronics
AerospaceIndustrialControls
Backplane
Highfrequency
HeavyCopper
OpticalModule
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
1617
1.2Milestones
SGC'sdevelopmentoverthepast20yearshasbeenfilledwithopportunitiesandchallenges.Throughcontinuousinnovationandperseverance,thecompanyhasdemonstrateditsprofoundfoundationandoutstandingstrengthintheelectronicscircuit
?SGCShenzhenHeadquartersEstablished
?JiujiangSGCsuccessfullyreachedproductioncapacityandwasawardedthetitleof"NationalHigh-TechEnterprise"?JiujiangSGCobtainedISO9001,ISO/TS16949,andISO14001certifications?ShenzhenSGCobtainedISO/TS14067carbonfootprintverification
?Established a sales subsidiaryin
theUSA?Established a sales subsidiaryin
Germany?AcquiredafactoryinRemscheid,
Germany,andobtainedISO
13485certification.Awardedthe
titlesof"GreenEnvironmental
ProtectionAdvancedEnterprise
intheCircuitBoardIndustry"and
"ShenzhenPengchengWaste
ReductionAdvancedEnterprise"?Achieved internationalbusiness
transformation
?Thecompletionoftheupgradeofthecompany'smanagementsystem,obtainingISO9001,ISO/TS16949,andISO14001certifications.?Awarded the title of "Shenzhen
High-TechEnterprise"?Awarded the title of "NationalHigh-TechEnterprise"?Successfullytransformedintoa
multi-variety,small-batch,high-
techenterprise,andinitiated
internationalimportandexport
trade
?Servedasanexecutivedirectorunit
ofindustryassociationsCPCA,GPCA,andSPCA?Awardedthetitleof"Outstanding
Supplier"byinternationallyrenownedcompanies(BMK,ENICS,Flex)?JiujiangSGCexpandedmonthlyproductioncapacityto40,000squaremetersandsuccessfullylaunchedthespecializedproductionlineforrigid-flexboards
?Shenzhen SGC's IC substrate
professional production linesuccessfully went intooperation?Shenzhen SGCsuccessfully
introduced photomaskproducts?JiujiangSGC'snational-levellaboratoryconstructionwascompleted?Jiujiang SGC's soft and hard
combination board production line
expanded to a monthly capacityof
10,000 squaremeters?Comprehensive upgrade of the SAP
enterprise management systemand
full implementation of international
human resource management
solutions
?ListedontheShenzhenStock
Exchangewiththestockcode300739?ShenzhenSGCestablished anEnvironmental-friendlyManufacturingCenter
?Jiujiang SGC's monthly production
capacity expanded to 100,000 squaremeters?Jiujiang SGC's professionalproductionline went intooperation?Jiujiang SGC achieved CustomsAEOAdvanced Certified Enterprisestatus?Shenzhen SGC achieved CustomsAEOAdvanced Certified Enterprisestatus?Established ATE professionalproductionline
2001
2010-2013
2019-2020
2021-2022
2014-2015
2016-2017
2002-2008
2018
2023-2024
?Acquired Malaysian PCB company
VisionSGC passed ISO27001 certificationJiujiangSGCpassedISO9001 qualitysystem certification renewalJiujiangSGCpassedISO50001 energymanagement system
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
1819
1.3 Economic performance data
OrderDateAwardTitleAwardUnit12025Feb.2024 Employers of Excellence
Shenzhen BaoanDistrict XinqiaoStreet CPC Working Committee
and Office22024Nov.
2024 Jiangxi Province Intelligent Manufacturing
Benchmarking Enterprise Title
Jiangxi Provincial Department of Industry and Information
Technology32024 Nov.
2024 Outstanding Green Manufacturing andEnvironmental Protection Company
Shenzhen Environmental Protection Industry Association,Shenzhen Printed Circuit Board Industry Association, Guangdong
Printed Circuit Board Industry Association42024 Oct.2024 Partner of the Year AwardShenzhen Chau Ming Technology Co.52024Sep.National Model Workers' HomeAll-China Federation of Trade Unions (ACFTU)62024Jun.
Rural revitalization helps development, sincere help
warms people's hearts
Shenzhen BaoanDistrict Industry and Information Technology
Bureau72023 Dec.Specialized, specialized and new SMEsShenzhen Small and Medium Enterprises Service Bureau82023 Nov.National High-tech Enterprise CertificateJiangxi Provincial Department of Science and Technology, etc.92023 Oct.High-tech enterprisesShenzhen Science and Technology Innovation Commission102023 Sep.
2024 Management Innovation Demonstration
Enterprise in Jiangxi Province
Jiangxi Provincial Department of Industry and Information
Technology112023 Jun.2022 Shenzhen Green EnterprisesShenzhen Green Life Creation Action Steering Committee Office122023Feb.
2022 Annual Science and Technology Innovation
Award
JiujiangEconomic and Technological Development ZoneManagement Committee of the Communist Party of China, etc.132023Feb.2022 Top Ten Industrial Enterprises of the YearCPC Jiujiang
142023 Feb.2022 JiujiangOutstanding Industrial EnterprisesPeople's Government of Jiujiang152022 Dec.
Excellent Scene of State-level IntelligentManufacturing Demonstration Factory
First Department of Equipment Industry, Ministry of Industry and
Information Technology162022 Jul.
Jiangxi Provincial Manufacturing Industry Pilot
Cultivation Enterprises
Jiangxi Province Industrial Strength Construction Leading Group
Office172022 Jul.
2021 Outstanding Enterprise in GreenManufacturing and Environmental Protection
Shenzhen Environmental Protection Industry Association, GPCA182022 Municipal Workers' PioneerJiujiangCity Federation of Trade Unions192022 Provincial Workers' PioneerJiangxi Provincial Federation of Trade Unions202022 AprilJiujiangCivilized Unit
CPC JiujiangMunicipal Committee JiujiangMunicipal People's
Government212022 Feb.2021 Corporate Excellence Award
CPC ChengxiPort Authority Committee and JiujiangChengxi
Economic and Technological Development Zone, etc.
Port
Authority
Inrecentyears,theglobalPCBmarketscaleshowsafluctuatingupwardtrend,theprintedcircuitboardindustrybenefitedfromthedevelopmentof5G,cloudcomputing,InternetofThingsandotheremergingtechnologies,theglobalmarkettomaintainstablegrowth.However,thestrongexpansionoftheindustryinthepastfewyears,PCBcompetitionhasintensified,thereleaseofthenewlyexpandedproductioncapacityofenterpriseshasbeenaffected,andtheproductioncapacitymaytakealongertimetobedigested,andisnowfacingakeypointofindustryreshuffle.
Aftermorethan20yearsofaccumulation,MingYangCircuithasaccumulatedasolidinternationalcustomerbase.Inthefaceofthecomplexandvolatileinternationalenvironmentaswellasthekeypointofindustryreshuffleandchange,SunshineCircuitmakesfulluseoftheadvantagesofinternationalization,takestheleadintransformingandupgradingthetopmanagementstructuretotheEMTmode,andcarriesoutoptimizationandinnovation,andbasedonthedeepunderstandingofdigitizationandintelligence,activelypromotestheintelligentconstructionoftheproductionprocessandsupplychain,andactivelyrespondstothechallengesintheindustry.Atthesametime,basedonadeepunderstandingofdigitizationandintelligence,thecompanyisactivelypromotingtheintelligentconstructionofproductionprocessandsupplychain,activelyrespondingtomarketchallengesandseekinglong-termdevelopment.
During2024,thecompanywillrealizesalesrevenueof15.59billionyuanandinvestatotalof76.3384millionyuaninresearchanddevelopment.Inthefuture,SunshineCircuitwillcontinuetoadheretoitsinternationalizationandspecializedmarketpositioning,drivesustainablegrowthwithinnovation,grasptheopportunitiesofPCBmarketdevelopment,andrealizeitsleadingpositionintheindustry.
1.4 Awards andRecognitions
Overtheyears,SGChasgarnerednumeroushonorsandaccolades,drivingustomaintainourspiritofinnovationandcraftsmanship.Werelentlesslyenhanceproductqualityandservicestandards,contributingsignificantlytotheadvancementoftheelectronicsinformationindustry.
Term2024
Total Assets (billion)34.56Annual Product Volume(10k m2）82.54Sales Revenue (billion)15.59
Total Tax (10k)1940.84
R&D Investment（10k）7,633.84Government Incentives & Support
Funds (10k)
675.25
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
2021
2024 Partner of the Year Award2024 from Shenzhen Chau MingTechnology Co.
2024 “Excellent Employer” Trophy
Jiangxi famousbrand productscertificateChina Electronic CircuitExcellent National EnterpriseRural revitalization helpsdevelopment, sincere helpwarms people's heartsShenzhen Ming Yang GreenExcellent Enterprise Certificate
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
1.ESG governancestructure
2.The principles of businessethics
3.Enterprise riskmanagement
4.ESG KeyIssues
Peace,justice,and stronginstitutions
Partnershipsto achievegoals
Organizational Governance:
Foundation ofGrowthSGC adheres to the principles of integrity, honesty, and compliance with laws andregulations; and establishes and implements ESG governance to achieve sustainabledevelopment for thecompany.
2425
ESGGovernance structure
2.1 ESG GovernanceStructure
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
Toensurecomplianceandtransparencyincompanyoperations,SGCcontinuouslyimprovesitsgovernancestructure,whichconsistsoftheGeneralMeetingofShareholders,theBoardofDirectors,theBoardofSupervisors,andtheEMT.Inaccordancewithmoderncorporategovernancerequirements,functionaldepartmentsareestablishedwithclearandreasonablebusinessprocessesandwell-definedresponsibilities.Thisformsagovernancestructurewherepowerinstitutions,decision-makingbodies,supervisoryagencies,andtheexecutivemanagementlayereachperformtheirduties,effectivelybalancepower,andcoordinatewitheachother.
TheGeneralMeetingofShareholdersisthecompany'spowerinstitution,providingshareholderswithacrucialmeanstoexercisetheirlegalrights.Thecompanytreatsallshareholdersequally,ensuringtheirrighttobeinformed,toparticipate,andtovoteonsignificantcompanymatters.Theproceduresfornotification,convening,holding,andvotingattheGeneralMeetingofShareholdersareregulated,andlawyersareinvitedtoattendthemeetingstoprovidelegalopinions.
TheBoardofDirectorsexecutestheresolutionsoftheGeneralMeetingofShareholdersinaccordancewiththelawandisaccountabletoit.WhenformingtheBoard,thecompanyfullyconsidersfactorsofdiversityandindependence,activelypromotingtheindependentdirectorsystem.Independentdirectorsplayaroleinenhancingtherationality,standardization,andscientificnatureofcompanydecisions.
TheBoardofSupervisors,entrustedbytheGeneralMeetingofShareholders,supervisesthecompany'soperationsandmanagement.Itoverseesthecomplianceofthecompany'sfinancesandthedutiesperformedbydirectorsandseniormanagement.TheBoardofDirectorshasestablishedtheStrategyCommittee,theAuditCommittee,theNominationCommittee,andtheRemunerationandAssessmentCommittee.Thesecommitteesworkcollaborativelyandprovideeffectiveoversighttoensurethecompany'sstableoperation.
2627
Thecompanyadherestothebusinessethicsofintegrityandlaw-abiding.Inordertoensureafairandequitablebusinessenvironment,theCompanyhasestablishedandperfectedananti-corruptionmanagementmechanismtosafeguardthesustainabledevelopmentoftheCompany.2024,ledbytheInternalAuditDepartment,theCompanyformallylaunchedananti-corruptionpolicy.Ithaszerotoleranceforallcorruptbehaviorsorpotentialcorruptbehaviorsoftheparentcompanyanditsbusinessentities.Specificinitiativesareasfollows:1.IntegrityAgreement:Forallemployees,thecompanyrequiresthattheyreadandsigntheintegrityagreementwhentheyjointhecompany.Familiarizeyourselfwiththecompany'santi-corruptioncontent,andfirmlyfulfilltherelevantobligationsinthecourseofwork.Forallsuppliers,serviceprovidersandcontractors,etc.,needtosignthe“StrategicPartnersSunshineProcurementCommitment”,willberegularlyriskidentificationofsuppliers,andrating.Therefore,thecompanywillmonitorallsuppliers,serviceprovidersandcontractorsinamoretargetedmanner.2.ReportingMechanismThecompanyhasaspecialreportingchannel,anddisclosesthereportingmailboxandtelephonenumberonthewebsite.Thecompanyhasalsosetupanauditteamtoverifythecontentsofthereports.Throughtheseinitiatives,thecompanyhopestoachieve:transparentoperation;compliantoperation;andacultureofintegrity.In2024,thecompanywillnothaveanyconfirmedincidentsofcorruptionandrelatedreports,andwillnothaveanycomplaintsorlawsuitscausedbycorruptionandbribery.3.Formulationofstandardizeddocumentsongift-givingThecompanyhasnewlyformulateddocumentsongift-givingandreception-relatedprocedures.Thecompanyhasnewlyformulateddocumentsongift-givingandreception-relatedprocedures,whichstipulatethespecificationsandfrequencyofgift-giving,aswellasthecompany'sreceptionprocess.Topreventandeliminatetheoccurrenceofcorruptbehaviorfromtheroot.Customerreceptionoperationguidebook,customerreceptionstandardization,pattern.Itfacilitatestheworkandthepreventionofcorruption.Forsuppliers,serviceprovidersandcontractors,thecompanyhasariskidentificationandevaluationform.Regularlyassessthecorruptionrisklevelofthecorrespondingsuppliers,serviceprovidersandcontractors.Thebusinessbehaviorofsuppliers,serviceprovidersandcontractors,etc.,ismonitoredforcorruptionaccordingtothelevel.
SGChasestablishedthe"Anti-CorruptionOperationsManual,"whichmustbestrictlyfollowedbyallemployees,suppliers,serviceproviders,andcontractors.Thismanualenhancestheanti-corruptionframeworkbyfocusingonthesupervisionofhigh-riskareasandkeypositionssusceptibletocorruption.Byenforcingthesemeasures,SGCensuresatransparent,ethical,andcorruption-freebusinessenvironment.
Allnewemployeesmustsignthe"IntegrityAgreement"uponjoiningSGC.Strategicpartners,includingsuppliers,serviceproviders,andcontractors,arerequiredtosignthe"SunshineProcurementCommitmentforStrategicPartners."Theseagreementsensurethatallpartiesactlawfully,maintainintegrity,andresistanyformofcommercialcorruption.
SGChasestablishedthe"Anti-FraudandReportingSystem"toencourageemployeesandbusinesspartnerstoreportcorruptactivities.Reportscanbesubmittedviathepubliclyavailableemailorhotline.Thecompanyadvocatesforreal-namereporting,ensuringthatwhistleblowersareprotectedduringtheinvestigationprocess.Anyformofdiscriminationorretaliationagainstwhistleblowersisstrictlyprohibited.
ReportingEmail:
internalaudit@sunshinepcb.comReporting Hotline:0755-27243927
SGChasestablishedanAnti-CorruptionSupervisionandManagementTeam,includingmembersfromtheSupervisoryBoardandtheInternalAuditDepartment.Thisteammonitorscompliancewithintegrityagreementsandanti-corruptionpolicies.TheInternalAuditDepartmentfocusesondetectingfraudulentactivitiesandunethicalbehavior.Employeesviolatingtheintegrityagreementfacestrictaccountabilitymeasures.Suppliersbreachingthe"SunshineProcurementCommitmentforStrategicPartners"willhavetheirqualificationsrevoked.Anycommercialbriberyactionsarereferredtojudicialauthoritiesforprosecution.Thisensuresthemaintenanceofethicalstandardsandfairnessinbusinessoperations.
Integrity CommitmentAgreement
ReportingChannels
Oversight andAccountability
Compliance AwarenessTrainingTofurthermaintainanatmosphereofintegrityandtransparency,andtoenhanceemployees'awarenessoflegalcompliance,SGCconductscompliancetrainingthroughvariouschannels.Theseincludenewemployeeorientation,distributionofemployeehandbooks,andannualtrainingprograms.Theseinitiativesaimtoimproveemployees'understandingofcompliance,ensuringtheyadheretolawsandregulationsandupholdthehigheststandardsofethicalconduct.
Anti-Corruption
2.2 Business EthicsPrinciples
ImplementingSupervision,Monitoring, andAccountability
ComplianceManagementSystem
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport2829
Environment
2.3 Risk Management and InternalControl2.4 ESG KeyIssues
SGCplacesgreatemphasisonmanagingrisksthroughoutitsoperations,establishingathree-linedefensesystemforriskcontrol.First
LineofDefense:Corefrontlinebusinessdepartments,whichbeartheprimaryresponsibilityforriskmanagement.SecondLineofDefense:
Regulatorydepartments,includingLegal,Quality,Safety,Finance,andHumanResources,whichsupportthefrontlinedepartmentsthrough
audits,inspections,andassessmentstoassistinriskcontrol.ThirdLineofDefense:Internaloversightdepartments,suchasInternalAuditand
theAuditCommittee,whichidentifyrisksandissuesthroughsupervisionandinspections,continuouslyimprovingthecompany'srisk
managementandinternalcontrolsystems.In2023,SGC'sriskcontrolmeasureswereeffective,withnoincidentsoflegalorregulatory
violations.
Topromptlyobtainandrespondtostakeholderneeds,thecompany,basedontherequirementsof"ISO26000:2010GuidanceonSocialResponsibility"andthe"GRIStandards,"hasidentifiedstakeholderrequirementsandexpectations,aswellasESGissues.Thecompanyemploysthe"matrixevaluationmethod"toassessESGkeyissuesfromtwodimensions:"thedegreeofimpactoncorporatesustainability"and"thedegreeofstakeholderconcernaboutESGissues."Thecompanyaimstoaddressstakeholderneedsandexpectationsthroughcommunicationandengagement,effectivelycontrolESGrisks,andachieveitsstrategicdevelopmentgoals.
SGC,inaccordancewiththe"BasicNormsforCorporateInternalControl"andotherrelevantlawsandregulations,hasestablishedacomprehensiveinternalcontrolsystemthatiseffectivelyimplemented.TheInternalAuditDepartmentconductsspecialauditsonkeymatterssuchasinternalcontroloperations,financialincomeandexpenditure,placementanduseofraisedfunds,andrelatedtransactionsinaccordancewiththe"InternalAuditSystem."Thisensuresthecompany'soperationsandmanagementarelegalandcompliant,assetsaresecure,andfinancialreportsandrelatedinformationaretruthfulandcomplete.
Wealsoconductinternalcontrolself-evaluationworkaccordingtothe"BasicNormsforCorporateInternalControl"andrelevantregulations,issuinginternalself-evaluationreports.Additionally,thecompanyengagesexternalaccountingfirmstoindependentlyaudittheeffectivenessoftheinternalcontrolsystem.In2023,therewerenomajororsignificantdeficienciesininternalcontrolrelatedtofinancialandnon-financialreports.Theinternalcontrolsystemoperatedeffectively,maintainingeffectiveinternalcontrolinallmajoraspects.
Comprehensive Enterprise Risk ManagementSystem
Riskresponse
Range, Background,Criteria
Record andReport
Risk EstimateRiskIdentification
Risk analysisRiskassessment
Communicationandconsultation
SupervisionandExamine
Interested Parties
JoinCommunication
Identification (ESGRisks,Parties
Concerns)
Evaluation(DoubleMateriality, Expert
Opinions)
Determinationof
KeyIssues
ClientsSupervisoryAuthority
Suppliers
Employee
CompetitorInvestor
Community &NGO
SGC
3031
Interested Party Focus andReply
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
1.R&D andInnovation
2.QualityManagement
3.Quality Control andTest
4.Enhancing CustomerSatisfaction
Product Innovation Empowersa ConnectedWorld
Product quality is the lifeblood of the enterprise and the key tosustainable development. The company drives economic growth throughtechnological innovation and enhances customer satisfaction through meticulousmanufacturing. We are committed to becoming a global leader in high-precisionelectronic circuit green manufacturing.
3435
Scientificandtechnologicalinnovationisthesourcepowerenterprisestorealizehigh-qualitydevelopment.Thecompanyhasinvestedintheestablishmentofatechnologycenter,adheringtothemissionof“leadingthecompany'sinnovativetechnologydevelopment,supportingthecompany'stechnologicalcorecompetitiveness,andcontinuouslyobtainingnewprofitgrowthpoints”,andthecorevaluesof“customerorientation,openinnovation,andefficientcollaboration”.Wearecommittedtobecominganindustry-leadingR&Dandinnovationorganizationforelectroniccircuits.ThecompanyhassetupanR&DcenterandinvestedalargeamountofR&DfundseveryyeartopurchaseadvancedR&Dinstrumentsandequipments,developnewproductsandnewprocesses,andimproveproductquality.Accordingtostatistics,in2024,atotalof76,338,400RMBwasinvestedinresearchanddevelopment,providingsufficientresourcesforthesuccessofproductdevelopmentandtechnologicalinnovationprojects.
Dr.BeiChenistheDirectorofTechnologyCenterofMingYangCircuitandtheGeneralManagerofHuaxinMicrotestingTechnologyCo.,Ltd.andamemberofCPCAScienceandTechnologyCommitteeandStandardsCommittee.Shehasservedasprocessmanager,technicaldirector,directoroftechnologycenteranddirectoroftestcenterofalistedcompany.Since2011,shehasledthecompany'sPCBtechnologyR&D,PCBproductR&DandPCBproductreliabilityresearch,andhasledthetechnologicalresearchandindustrializationofanumberofhigh-endtechnologicalproducts,suchasrigid-flexboards,high-densityinterconnect(HDI),telluriumhigh-frequencyboards,high-speedopticalmodules,ICtestboards,etc.ShehasestablishedatestcenterandpassedtheCNAScertification.HehaspreparedtobuildatestcenterandpassedCNAScertification,andestablishedjointlabsinChinaRailwayGroup,AVIC
613,andAerospace512tojointlypromoteandstudytherelationshipbetweentheservicelifeofPCBsandotherelectronicproductsinthefieldofrailtransportation,inthefieldofaviationandaerospaceandtheinvolvedandprocess.InMingYang,heleadsateamofprofessionalR&Dengineerstocontinuouslyimprovethecurrentproductionprocessandpromotethedevelopmentofadvancedtechnology.Atpresent,thecompanyhas280R&Dpersonnel,andachievesthetransformationofmorethan6scientificandtechnologicalachievementsonaverageeveryyear.In2018,thecompany'stechnologycenterwasawardedthe“GuangdongProvince5GHighDensityInterconnectionHDILineBoardEngineeringTechnologyResearchCenter”,andin2023,ShenzhenSunshineandJiujiangSunshinewererespectivelyawardedthe"In2023,ShenzhenSunshineandJiujiangSunshinewererespectivelyawardedthetitleof“Specialized,SpecializedandNewSmallandMedium-sizedEnterprises”andthehonorarytitleof“JiangxiProvinceInnovationManagementModelEnterprise”.
IndexData
Investment (10kRMB/Year)7,633.84Number of R&DPersonnel280PatentsGranted32
A working scene in a sterile laboratory
3.1 R&D andInnovation
■Excellent R&DTeam
Company R&D and Technological Innovation Performance Data2024
SGC technical center has been awarded the title of"Guangdong Province 5G High-DensityInterconnection(HDI) Printed Circuit Board Engineering Technology
ResearchCenter".
In2023,JiujangSGCwasawardedthehonorarytitleof"Jiangxi
Province Management Innovation DemonstrationEnterprise".
In2023,ShenzhenSGCwasawardedthehonorarytitleof"Specialized,Special,andNewSmallandMedium-sized
Enterprises
■Technological InnovationManagement
Toimprovethestandardizedmanagementoftechnologicalinnovationandnewproductdevelopment,theTechnologyCenterhasestablishedaseriesofR&Dprojectmanagementprocedures,includingthe"R&DProjectOperationManagementProcess,""SGCProcessCapabilityManagementSpecification,""MaterialSelectionandUsageWorkInstructions,""NewMaterialCertificationWorkInstructions,"and"R&DBoardOrderOperationProcessSpecification."Theseprocedurescontrolthecriticalprocessesofdesignanddevelopmenttoensurethatthequalityofnewproductsandtechnologiesmeetscustomerrequirements,relevantlawsandregulations,internationalstandards,andindustrystandards.WhileactivelyconductingindependentR&D,Wealsoengageinextensiveindustry-university-researchcollaborationswithenterprises,universities,andresearchinstitutes.Ononehand,itfullyleveragesthedisciplinaryadvantagesofuniversitiesinmanufacturingequipment,automation,electronicinformation,advancedmaterials,andlightindustrychemicalstoassistinsolvingchallengesencounteredintheproductionprocess.Ontheotherhand,thecompanycontinuouslyrecruitshigh-qualitytalentandestablishesindustry-university-researchpartnershipswithrenownedinstitutionstojointlyconductresearchprojects.
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
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，
■Quality ManagementPerformanceThecompanyhasestablishedacomprehensivequalitymanagementsysteminaccordancewithinternationalstandardssuchasISO9001,IATF16949,AS9100,ISO13485,QC080000,etc.,andhaspassedUL,CQCandotherproductsafetycertifications.Thecompanyhasbeenselectedasoneofthetop100PCBenterprisesinChinabyChinaElectronicCircuitIndustryAssociation(CPCA)formanyyears.In2013-2021,thecompanywasranked64th,61st,59th,54th,47th,48th,45th,45th,42ndinthe“ChinaElectronicCircuitIndustryRanking”byChinaElectronicCircuitIndustryAssociation(CPCA).TheCompanywasranked40thamongtheTop100ComprehensivePCBEnterprisesand23rdamongtheTop100DomesticPCBEnterprisesinthe“23rd(2023)ChinaElectronicCircuitIndustryMajorEnterprises'RevenueList”jointlypublishedbyCPCAandChinaElectronicInformationIndustryFederation(CITIF)in2024.
Product
Product TechnicalParameters
Picture
Application Fields and
TheirFunctionsSmart car 77G
circuit board
Layers: 8 Material:
Ro3003G2+S1000-2m Board
millimeter wave radar
Thickness: 1.4mm Line Width
Line Spacing: 0.1/0.12mmMinimum Hole Diameter:
0.2mm Surface Treatment: OSP
| Thickness: 1.4mm Line Width | Applications in automotive | |
electronics.Improvement of millimeter
wave radar antenna gain,and suppression offrequency drift to formnarrow beams.Multilayer high-frequency and high-speed printed circuit
-
boards with embedded
copper blocks
Layers: 8 Material:
Ro4350+TU862 BoardThickness: 3.219±
0.322mm
Line Width Line Spacing:
boards with embedded
0.2mm/0.5mm Minimum Hole
Diameter: 0.2mm Surface Finish:
Immersion Gold
Applied in industrial
control field.Improve product heatdissipation performance.
HF antennamultilayers can beembedded in liquidtype printed circuit
boards
Layers: 6 Material:
0.2mm/0.5mm Minimum Hole
Diameter: 0.2mm Surface Finish:
Kappa438+vt47 Line width and
pitch: 0.15mm/0.15mm
| Minimum hole diameter: 0.5mm |
Surface treatment: Immersion
gold
Used in communicationequipment related fields.Reduce the overall
container generated by thefrequency loss, reduceproduct production costs.
High CopperThickness Semi-
electronic products external
Plugged Power Circuit
Boards
Layers: 16 Material: TU865Board Thickness: 8.4±
0.67mm
Plugged Power Circuit
Inner Copper Thickness: 6/6oz
Minimum Hole Diameter:
1.1mm Surface Finish:
Immersion Gold
Apply to automotive
| Inner Copper Thickness: 6/6oz | electronics, communication |
equipment, industrialcontrol and other fields.Improve product stability,safety and service life.
circuit board
Layers: 14 Material: R04003CBoard Thickness: 3.3±
0.33mm
Line Width Line Spacing:
buried resistor printed
0.1mm/0.1mm Minimum Hole
Diameter: 0.2mm Surface Finish:
Immersion Nickel Gold
Apply to industrial control,communication equipment
and other fields.
Improve the electricalperformance of productsand the stability of signaltransmission.
High-end, high-speedcircuit boards
Layers: 14 Material: R-
5795(u)
Board thickness: 2.3±
0.23mm
Line width line spacing:
0.18mm/0.17mm Minimum hole
diameter: 0.15mm Surfacetreatment: Immersion nickel
palladium gold
Used in communication
equipment, industrialcontrol and other fields.Beneficial to the thinning,
miniaturization and
densification of products, as
well as cost reduction.
■Product R&DAchievements
3.2 Quality ManagementPolicy
■ManagementPolicy
QualityFirst,LeanProduction,ContinuousInnovation,ReachCustomersRequirements
QualityFirstThrougheducationandqualityactivities,improvethequalitysystem,sothatallemployeesestablishtheconceptofexcellentqualitymanagement,focusonworkquality,reducescrap,andeliminaterework.Establishagoodcorporatereputationwhilefirmlyopposinganyformofbriberyandcorruptiontoprotectthecompany'sinterestsandpromotefairtrade.
ContinuousInnovationThrough continuous improvement andinnovationinsoftware,hardware,andsystemmethodologies,weconsistentlyenhancetechnicalcapabilities,reduceproductionprocessdeviations,andkeepthecompanydynamicandmotivated.
LeanProductionThrough continuous improvementandinnovationinsoftware,hardware,andsystemmethodologies,weconsistentlyenhanceourtechnicalcapabilities,reduceproductionprocessdeviations,andmaintainthecompany'svitalityanddrive.
Reach CustomersRequirementsWhile meeting customer needs forproductquality, delivery, and service, we provideproactive and professional advice to improveproduct design and specialized services. Thisapproach helps our customers achievesignificant breakthroughs and advancements inproduct performance and costefficiency
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
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Thecompanyhasagroupofseniormanagementpersonnelwithrichexperienceintheproductionofrigidandflexibleboards.Basedontheinternationalqualitystandards,thecompanycarriesoutcomprehensivequalitymanagementofproducts,fromproductqualityplanning,managementprocess,operationstandard,promotingthedecompositionofvariousqualityobjectivestothedepartmentsandpositions,andcarryingoutthestatistics,analysisandimprovementofthequalityobjectivesonamonthlybasis.Accordingtostatistics,in2024,thecompany'sFTYone-timepassrateandFQAsamplingsetpassratecontinuedtorise,showingthematurityofthecompany'sproductqualityanddeliverymanagement.
The company's quality management passed the customer's on-site audit
CQCProduct CertificationCULProduct CertificationQC080000Management System Certification
SGC Quality PerformanceData
QualityindicatorsFirst TimeYield（%）
2024
89.87%
Number of Product HazardousSubstance
Complaints (Pcs /Year)
Material Batch Pass Rate（%）
99.98%
FQA sampling pass rate（%）
99.14%
ISO9001:JiujiangIATF 16949ISO13485AS9100D
ISO9001:Shenzhen
ISO14001:
ISO5001:
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
4041
3D warehouse
Advanced production equipment
Dynamic Thermomechanical Analysis (DMA))Vector network analyzer (43.5G)
Shear force tester
3.3 Quality Control andTest
Buildingonafoundationofqualitysystemmanagement:Weactivelypromotetheoperationconceptofasmartfactory.Focusingonthe"flexibility"requirementsofasmartfactory,thecompanyhastransformedthetraditionalmanualschedulingandhandlingofproducts,finishedgoods,andmaterialsintoanAGV(AutomatedGuidedVehicle)intelligentlogisticssystemsupportedbyMES(ManufacturingExecutionSystem)andRCS(RobotControlSystem)intelligentschedulingsystems.Thissystem,combinedwithAGV'sautonomouspathplanningandintelligentwarehousemanagementfunctions,hassignificantlyimprovedthelevelofqualitymanagementandproductionefficiency.
Whenaproductionprocesssignalsamaterialshortage,anAGVvehicleretrievesmaterialsfromthewarehouseanddeliversthemtothemachine.Afterthemachinecompletesthedetectionprocess,theAGVvehicletransportsthesemi-finishedproductstothesemi-finishedgoodswarehouse.Thepre-treatmentlineprocesswithinthecompany'sinnerlayerhascurrentlyachievedfullclosed-loopproductionautomationanddatainformatization,encompassingautomaticlogistics,automaticmachineloading,automaticrecipecutting,automaticdatacollection,andautomaticmachineunloading.
Theentireplant'stransportationisuniformlymanagedbyAGVs,allowingfor24/7continuousoperation.TheuseofAGVrobotsandintelligentschedulingsystemsenhancesthetimelinessandaccuracyoftransportationtasks,reducesmanuallaborintensity,includeserror-proofingchecksduringoperations,andprovidesreal-timevisualizationandcontroloflogisticsconditions,facilitatingmaterialtraceabilitymanagement.
SupplierQualityManagement:Toensurethatthequalityofrawandauxiliarymaterialsmeetstherequiredstandards,SGChasformulatedandpublishedthe"SupplierQualityManagementWorkInstruction."Thisdocumentclearlyspecifiesthecontrolprocessesandexecutionguidelinesfornewsupplierdevelopment,supplierqualityassessment,annualreview,changemanagement,andhandlingofanomalies.From2021to2023,thecompanymaintainedamaterialbatchpassrateofover
99.9%.
ProductInspectionandTesting:SGChasinvestedinestablishingacentrallaboratoryequippedwithadvancedtestinginstrumentsfrombothdomesticandinternationalsources.Thislaboratoryconductselectronicproductfailureanalysisandreliabilityresearch,anditalsohousesasemiconductorintegratedcircuitpackagingprocesslaboratory.Sinceitsestablishment,thelaboratoryhascontinuouslyimproveditstestingcapabilities,coveringthenecessaryperformancetestsforproducts.Itprovidescomprehensivequalityinspectionandevaluationofproducts,materials,components,andintermediateproducts,meetingthetestingrequirementsforproductdesign,verification,andproductionprocesses.
QCBoard
AGV IntelligentSystem
White LightInterferometerInfraredSpectrometer
Thermal Shock TestChamberThermal Emission MicroscopeSystem
Cyclic Interconnect Stress TestingSystem
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
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Inordertotestthecurrentlevelofcustomersatisfaction,explorethepotentialneedsofcustomers,andfindopportunitiestoimproveservicequality,thecompanyhasestablishedandimplementedthe“CustomerSatisfactionManagementProgram”accordingtotherequirementsofinternationalstandards.Thecompanyconductsannualcustomersatisfactionsurveysbymeansofquestionnaires,customervisits,monthlycustomerscorecardsanddailycommunication,includingquality,delivery,engineeringdataprocessing,customercomplaints,manufacturingprocesslevel,priceandotheraspects.TheCompanyconvenesbusinessdepartmentstoholdcustomersatisfactionsurveyanalysismeetingstodiscussandanalyzethesurveysituationandformcustomersatisfactionsurveyanalysisreports;businessdepartmentsanalyzethecausesoftheproblemsfoundinthesurveyandformulateimprovementplans,andtheQualityandCustomerServiceDepartmentconductsregulartrackingoftheimprovementactionsandconfirmstheeffects.Accordingtothesurveyresultsfor2019-2024,customersatisfactionwillincreasefrom83.2pointsin2019to90.4pointsin2024,showingthattheproductqualityandservicequalityoftheCompanyaregraduallyimproving.
Regularannual e-mailor faxedquestionnaires
Customervisits andsurveys
CustomerGrievances,Complaints
Deliveryperformance
(includingexcess freight
incurred)
TheCompanypaysattentiontotheinformationsecurityprotectionofitscustomersandadoptsscientificinformationsecuritymanagementmeasuresinaccordancewithinternationalinformationsecuritymanagementstandardstoeffectivelycontrolinformationsecurityrisks.(1)InformationSecurityManagementProcedures:Inordertopreventrisksduringtheuseofcomputersandinformationsystems,theCompanyhasformulatedServerBackupManagementProcedures,NetworkAntivirusandFirewallManagementDocuments,andManagementDocumentsontheStandardizedUseofComputersandNetworks,etc.,whichsetoutclearprovisionsondatabasedatabackup,regularrestorationandtestingandvalidation,firewallmanagement,andcomputermaintenanceandrepair,soastoensuretheintegrity,security,andcontinuityoftheequipmentsanddata.Thecompanyhasclearlydefinedregulationsondatabasedatabackup,regularrecoveryandtestverification,firewallmanagement,computermaintenanceandrepairtoensureequipmentanddataintegrity,securityandcontinuityofproductionactivities.(2)Informationsecurityhierarchicalmanagement:TheCompanyhasestablishedaworkflowandsecuritymanagementsystemforthecollectionanduseofcustomerinformationanditsrelatedactivities,implementedtheclassificationofcustomerinformation,strengthenedthesecuritymanagementofaccountnumbers,andchangedcomplexpasswordsonaregularbasis,andrequiredthatcontractualagreementsandprojectinformationbestrictlystoredandaccessrightsbecontrolled.(3)Informationaccessrights:Thecompanystrictlymanagesthesystemaccessrightstoensurethatonlythepersonnelwhohavebeenformallyappliedforcanaccesstherelevantsystem;thecompanycarriesoutshieldingtreatmentforcustomerinformationinSAPsystem,regularlybacksup,andcarriesoutreviewontheactionofbatchexporting,copying,anddestroyingtheinformation,inordertopreventtheriskofinformationleakage.(4)Firewallandanti-virussoftware:Advancedfirewallandanti-virussoftwareareadoptedtoeffectivelyidentifyandblockexternalattacksandprotectthesafetyoftheintranetandcomputersystem,soastobuildasafeandreliablecustomerinformationprotectionsystem.(5)InJanuary,2024,thecompanypassedISO27001certification.Collection andprocessing of
regularsatisfactioninformation
Client MonthlyScorecard,Indicator Card
Companywebsite,WeChatcommunication
Evaluation resultsExcellentGoodDonePassFailScore107-95-73-41-2
A:Calculationofeachcustomersatisfactionscore:(Externalcustomerrating*70%+averageinternalscoreofrespondingcustomers*30%)B:Annualcustomersatisfactionscore=(sumofeachcustomersatisfactionscore)/sumoftotalnumberofparticipatingcustomers*100%
Newly defined scoring criteria
ISO27001
3.4 Enhancing CustomerSatisfaction
■Customer SatisfactionSurvey
■Customer PrivacyProtectionSunshine Global Circuits Co., Ltd | 2024Annually ESGReport
1.Hazardous SubstancesControl
2.Building a GreenEnterprise
3.Clean ProductionManagement
4.Responding to ClimateChange
Environmental-friendly,Leading Green &IntelligentManufacturing
The company upholds the philosophy of being responsible to society andthe planet. We are committed to consistent investment and scientificmanagement to be a responsible and conscientious enterprise, ensuringsustainabledevelopment.
4647
■HSF 管控措施
REACHLetter of Commitment
for Conformity
QC080000:2017SystemCertificationFinished ProductHazardous SubstanceMonitoring Report
4.1 Hazardous SubstancesControl
Regulations and Customer Requirements
Identify HSF Factors andEstablish
HSF ControlStandards
HSF Material ProcessManagement
HSF Supply ChainProcess
Management
HSF ProductionProcess
Management
HSF Quality AssuranceProcess
Hazardous Substances FreeSystem
■HSF ControlMeasures
1）The company has established HSF (Hazardous Substances Free) plans and policies, complying with environmental regulationsworldwide and implementing a hazardous substances management system to ensure product compliance withHSFrequirements.2）The company identifies all factors affecting HSF, including manufacturing, packaging, labeling, delivery, equipment, tools,fixtures, and auxiliary materials.3）The company formulates "Hazardous Substance Control Standards" and "Declaration of Non-Containment of HazardousSubstances" to meet customer and regional regulatory requirements, controlling hazardous substances in incoming materials, processes,and finished products.
4）The procurement department evaluates and approves suppliers according to the "Supplier Management Procedures" to ensureeffective hazardous substance control systems. For new materials, HSF monitoring data is requested from suppliers to verify compliance.
5）The company commissions third-party testing agencies for annual monitoring of finished products to ensure compliance. Non-compliant products are sealed immediately and subject to further tracing, verification, and rectification.
HSF(HazardousSubstancesFree)referstothereductionofhazardoussubstanceslistedinRoHSdirectives,REACHregulations,orotherrelevantlaws,aswellasthoserestrictedorprohibitedbycustomerrequirementsduetotheirharmfuleffectsontheenvironmentandhumanhealth.Toensurethatthecompany'sPCBproductproductionandoperationsfullyconsiderenvironmentalandhumanhealthimpacts,complywithcustomerrequirements,andadheretorelevantproductsafetyandhazardoussubstancecontrolregulations,thecompanyhasdevelopedandpublishedthe"HSFControlProcedure."Thisprocedureimplementsasystematicmanagementmechanismtopreventhazardoussubstancesfromcontaminatingproducts.
In2023,thecompany'shazardoussubstancesmanagementsystemwascertifiedwiththeQC080000:2017certification.From2021to2023,thecompanydidnotexperienceanyhazardoussubstancecomplaints.
HSF Product DesignandDevelopmentProcess
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
4849
Environmental Performance Data Statistics 2024
EnvironmentalIndicators
Environmental protection investment amount
(10kRMB/year)
2024
2,637Total water consumption(T/year)1,163,335.00Wastewater discharge volume(T/year)779,104.00Proportion of wastewater treated up to
standard(%)
100%Rate of exhaust gas monitoring meeting
standards(%)
100%
Chemical Oxygen Demand (COD) discharge
volume(T/year)
23.18
Ammonia nitrogen dischargevolume（T/year）133,964,972Total electricity consumption（KWH/ year）1,276,498
Natural gas（m
/year）74,661.10Diesel（KG/year）21,196.23Gasoline（KG/year）24,374.18Solid waste discharge volume（T/year）15,386.16
4.2 Building a GreenEnterprise
Environmentalprotectionservesasthebedrockforourcompany'ssurvivalandgrowth,representinganobligationweareduty-boundtofulfill.Groundedintheprinciplesofsocialandplanetaryresponsibility,weremainsteadfastinourcommitmenttoinvestresources,employscientificmethodsforgovernance,meetemissionsstandards,adherestrictlytolegalandregulatoryframeworks,andactasaconscientiousenterprise.Theseactionsaretakentoguaranteeoursustainedandresponsiblebusinessoperations,fosteringafutureofenduringprosperity.Thecompanyadherestoapathofgreendevelopment,adoptingthepolicyofenergyconservationandemissionreduction,aswellaspromotinggreensafetyinourmanagementapproach.Weupholdtheprincipleofallocatingappropriateenvironmentalcostsinarationalmanner,strivingforawin-winscenariobetweencorporateprofitsandenvironmentalbenefits.Weprioritizeconservation,protection,greenindustriallayout,greenmanagement,andgreenproduction.Focusingongreen,low-carbon,andcircularpractices,weaimtoestablishourselvesasagreenenterprise.
ThecompanyhasestablishedasystematicenvironmentalmanagementsysteminaccordancewiththeISO14001:2015standard,continuouslyincreasingitsinvestmentinenvironmentalprotectionwhileadheringtonationalenvironmentalprotectionregulations.UtilizingthePDCA(Plan-Do-Check-Act)operationalmodel,itcontinuallyenhancesitsenvironmentalperformance.Accordingtostatistics,thecompany'senvironmentalinvestmentin2024totaled$26.37million.
1.EstablishmentofEnvironmentalObjectives:Thecompanyhasformulatedaseriesofenvironmentalobjectives,comprisingenergyconservationtargets,input-outputefficiencygoals,andpollutantdischargestandardscomplianceaims.Theseobjectivesarepropelledthroughanassessmentmechanismthatdrivestheexecutionandadvancementofenvironmentalactivitiesacrossdepartments,fosteringongoingpollutionpreventionandimprovementinitiatives.
2.CleanProductionAudit:Thecompanyhasconductedmultiplecleanproductionaudits,startingfromproduct
design,rawmaterialselection,processimprovements,andproductionmanagement.Thisapproachseeksopportunitiesforenhancementincleanproduction,maximizingtheconversionofrawmaterialsandenergyintoproducts,minimizingresourcewastage,andreducingtheemissionsofpollutantsandtheirenvironmentalimpact.
3.EnvironmentalAwarenessTraining:Anannualplanforenvironmentalprotectionpublicityandtrainingis
formulated,whichincludesorganizingrelatedactivities,environmentalprotectiontrainingsessions,promotionalcampaigns,andexchanges.Theseeffortsenhanceunderstandingofenvironmentalregulationsandenvironmentalmanagementactivities,therebyraisingemployees'environmentalawareness.
4.EnvironmentalInspectionandMonitoring:Thecompanyregularlyconductsinternalauditsandmanagementreviews,andperiodicallyarrangesforthird-partymonitoringofenvironmentalpollutantstoidentifyandaddresspotentialenvironmentalhazards.Between2021and2023,thecompanyachieveda100%compliancerateforemissionsofpollutantssuchaswastegasandwastewater,markingsignificantenvironmentalperformanceachievements.Duringtheperiodfrom2022to2024,ShenzhenMingYangCircuitwillbehonoredtwiceas“ExcellentEnterpriseinGreenManufacturingandEnvironmentalProtection”andonceas“ShenzhenGreenEnterprise”.
■EnvironmentalPolicy
Energy conservation and emission reduction, green andsafe
Environmental managementmechanisms
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
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4.3 Clean ProductionManagement
The upgraded organic exhaustgas
treatmentsystem
Acidic Etching Solution Recycling SystemRecyclingSystem
Astheglobaleconomyexpands,theconsumptionoffossilfuelsbyhumanshasledtoasignificantincreaseingreenhousegasemissions,whichinturnhavecausedaworldwideclimateimpactthroughthegreenhouseeffect.Inresponsetothis,thecompanyreferstotheriskanalysisframeworkprovidedbytheTaskForceonClimate-relatedFinancialDisclosures(TCFD)toidentifypotentialclimate-relatedrisksandopportunitiesinitsproductionactivities,incorporatingtheseintoitsoverallenvironmentalriskmanagement.Byconductingclimateriskidentificationandassessment,policyresearch,benchmarkingagainstindustrypeers,andintegratingexpertopinions,thecompanyhasidentifiedthefollowingclimatechangerisksrelevanttoitsbusinessdevelopment.
4.4 Responding to ClimateChange
■Climate Change RiskIdentification
EnvironmentalManagementResponsibilities:SGCCircuitadheresstrictlytonationalenvironmentalprotectionregulations,activelyimplementstheEnvironmentalImpactAssessment(EIA)systemandthe"ThreeSimultaneities"principle.Thecompanyhasestablishedrigorousenvironmentalmanagementsystems,settingupenvironmentalmanagementdepartmentsanddedicatedpersonneltooverseeenvironmentalprotectionwork,communicatewithgovernmentenvironmentalauthorities,operate,maintain,andsuperviseenvironmentalfacilities.
CleanProductionAudit:ShenzhenSGChasundergonethreeroundsofcleanproductionaudits.Thefirstroundwascompletedin2012,thesecondin2018,andthethirdin2023.Thesecleanproductionauditshavesignificantlyassistedtheenterpriseinenhancingproductionefficiency,energyutilizationrates,andreducingpollutantemissions.Theyhavealsobroughtaboutsubstantialeconomicbenefits,realizinga"win-win"scenariowherebotheconomicandenvironmentalbenefitsareachieved.
UpgradeofExhaustGasTreatmentSystems:Thecompanyoperatesthreesetsoforganicexhaustgastreatmentsystems,whichoriginallyemployedaprocesscombining"waterscrubbing+UVphotocatalyticdecomposition+primaryactivatedcarbonadsorption."In2023,thecompanyupgradedthetreatmentprocessforthesesystems,modifyingittofeaturefiltration+waterscrubbing+secondaryactivatedcarbonadsorption.Followingtheupgrade,theefficiencyintreatingvolatileorganiccompounds(VOCs)wasenhanced,resultinginareductionoforganicexhaustemissionsby1.06tonsperyearcomparedto2022levels.
StrippingLineReplacementandUpgrade:In2023,thecompanyinvested700,000RMBtophaseoutanagingassembledthickgoldstrippinglineinthesurfacetreatmentareaandreplaceitwithafullyautomaticstrippingline.Theprojecthasbeencompletedandisnowoperational.Thenewstrippinglinehasreducedtheamountofwaterusedinrepeatedrinsingprocesses,leadingtoannualsavingsof6,682tonsofwaterand59,200kWhofelectricity.Moreover,ithasdecreasedsludgedischargeby33.02tonsperyearandmembraneresidueoutputby7.21tonsperyear.
AcidicEtchingSolutionRecyclingSystem:Duringtheproductionprocess,acidicetchingwasteliquidisgenerated.Thecompanyusesmembraneelectrolysistechnologytoextractcopperionsfromtheacidicetchingsolution.Bycombiningmultipleproprietaryinnovativetechnologies,thewasteliquidisentirelyrecycledbackintotheproductionprocess,achieving100%recyclingandzerodischargeofetchingwasteliquid.
WasteSortingandDisposal:Thecompanymanagesvariouswastesgeneratedduringtheproductionprocessthroughclassification.Recyclablewasteissortedandrecycledforreuse,whilenon-recyclablesarehandledaccordingtonationalregulatoryrequirementsforclassifieddisposal.Hazardouswasteisentrustedtoqualifiedagenciesforproperhandling,anddomesticwasteisregularlyclearedandtransportedbysanitationservicesforappropriatetreatment.
RiskCategory
PhysicalRisks
RiskFactor
Climate Disasters (e.g., Typhoons, Floods Leading toSafety Incidents or Forced Suspension ofProduction)
PotentialFinancial
ImpactIncreased OperatingCosts;DecreasedValue of FixedAssets
MitigationMeasuresEstablishEmergencyResponsePlansandConductAnnualDrillExercisesClimateChangeImpacts(suchasPersistentHighTemperaturesCausingPowerSupplyAnomalies,IncreasedCoolingCosts,UnstableSupplyCapacityandTransportation)
Rising OperatingCosts
IntegrateClimateChangeAwarenessintoDailyOperationsManagementandEnhanceEnergyEfficiency
TransitionRisks
PolicyandLegalRisks(suchasRisingCarbonPricesandImplementationofCarbonTaxesLeadingtoIncreasedOperationalandProcurementCosts)
RisingOperatingExpenses, IncreasedFinancingCosts
MonitorRelevantLawsandRegulations,RegularlyReportGreenhouseGasEmissionsData,andEffectivelyRespondtoPolicyChangesTechnology Risks (such as Upgrading to Energy-Saving andEmission-ReductionEquipment)
Growing OperatingExpenses
EnhanceEquipmentUtilizationEfficiencyandIncreaseProductManufacturingProductivityMarketPreferenceRisk(suchasIncreasingScrutinyfromCapitalMarkets,Customers,andOtherStakeholdersonCorporateClimateActions;PoorEnvironmentalandClimatePerformanceMaySubsequentlyAffectCompanyReputationandPerformance)
ImpairedProduct Sales,NegativeImpact on CorporateReputation and BrandInfluence
ElevateClimateChangeasaKeyAgendaItem,DisclosingCarbonEmission-RelatedInformationthroughESGReports,StakeholderSurveys,andOtherChannels
TransitionOpportunities
TechnologyOpportunities(EarlyAdoptionofCleanTechnologiesandUseofRenewableEnergySourcestoEffectivelyMitigateFutureRisksofRisingEnergyPrices)
Decreased OperatingC o s t s ,B o o s t e dSales of Low-CarbonProducts
FormulateCarbonReductionStrategies,EmployingCleanEnergytoDecreaseProduct-RelatedandOperationalCarbonEmissionsMarketPreferenceOpportunities,EnhancingCompetitivePositionintheMarketbyDevelopingInnovativeLow-CarbonProductstoMeettheDemandsofCapitalMarkets,Customers,andStakeholdersforSustainableSolutions
Increased Revenues; E n ha n c e d EnvironmentalImage and BrandInfluence
ActivelyIncreaseInvestmentsinDecarbonization,EngageSuppliersinCollectiveAction,andOfferCustomersCleaner,Lower-Carbon,andMoreEfficientProducts
Climate Risk and Opportunity Identification and EvaluationTable
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
5253
■Our Carbon Reduction Initiatives
(1)Carbonverification:thecompanycarriesoutcarbonverificationattheoperationlevelinaccordancewithISO14064standards,and
commissionsathird-partyverificationorganizationtoverifythecarbonemissiondataandissueacarbonverificationreport.thetotalemissionsofthecompany'sScope1and2attheoperationlevelin2024willbe90,777.73TCO2-e/year.
(2)Energymanagementmechanism:Thecompany'scarbonemissionsmainlycomefromelectricityconsumptionintheproduction
process.Inordertoreducecarbonemissions,theCompanyhassetupanenergymanagementorganization,theEnergySavingandEmissionReductionGroup,andformulatedacomprehensiveenergymanagementsystem,includingtheEnergyManagementSystemofMingYangCompany,theEnergySavingRewardandPunishmentSystemofMingYangCompany,andtheEnergyManagementProcedures,etc.,tocomprehensivelypromoteenergysavingandconsumptionreduction,andhasachievedgoodcarbonreductionperformance.
(3)In2024,theCompanyconductedthefirstmappingofsuppliers'carbonemissionsforthefirsttime.ItlaidthefoundationforthecarbonemissionofstatisticalscopeIII.Inaddition,thecompanyprovidesfreedormitoriesforemployeeswithinthecompany.Itisonlyaten-minutewalkfromthecompany.ThepurposeofreducingcarbonemissionsinScopeIIIhasbeenachieved.
EnvironmentalIndicatorsScope 1 Emissions (T CO
-e/year）
2024
3,188.96
Scope 2 Emissions(T CO
-e/year）
87,588.8
Scope 1 and Scope 2 Total Emissions (T CO
-e/year）
90,777.73
(4)Watersourceheatpumpcentralizedheatinginsteadofelectricheaterendheating:heatpumpasakindofhighefficiencyandenergysavingheatingdevice,itsheatingefficiencycanusuallyreach400%ormore,muchhigherthantheelectricheatingefficiencyof95%to98%.Thecompanyincreasesthewatersourceheatpump,utilizestheoldairenergyheatpumpandthewasteheatoftheaircompressortoformthecentralizedmanagementofhotwateronthefloor,reducestheenergyconsumptionofhotwater,reducestheelectricityconsumptionby338,400KWhperyear,andreducesthecarbonemissionby193TCO2-e/year.
(5)JiujiangSunshineGeothermalSystem:JiujiangSunshineCircuitScienceandTechnologyCo.,Ltd.groundsource
heatpumpsystemproject,basedontheparkconstructionplanningintwophases,thefirstphasehascompletedtheconstructionofthesystemofundergroundpipelinenetwork,thesecondphaseisscheduledtocompletetheinstallationofequipmentintwoyearsandputintooperation.Afterthecompletionoftheproject,itisexpectedtosave87millionkWhofelectricityandreduce485.72tonsofcarbondioxideemissions.(6)ShenzhenSunshineSolarPhotovoltaic:ShenzhenSunshineactivelyintroduceddistributedsolarphotovoltaicpowergenerationsystem,whichcoveredthepowerconsumptionofdormitoriesinBuildingAandB,publicitycolumnsanddailychannellightingoftheemployeesin2024,injectinggreenpowerintothedailyoperationofthecompany.2.57mwhofpowerwasgeneratedin2024;766kwhofdistributedphotovoltaicpowergenerationprojectwasnewlyfiledin2024,andisexpectedtobeofficiallyputintooperationforaccessingproductionandmanufacturinginApril2025.Aprilofficiallyputintoforaccesstoproductionandmanufacturinguse.(7)Energy-savingandcarbonreductionprojects:During2024,thecompanycarriedoutmanyenergy-savingprojects,andachievedsignificantcarbonreductioneffects,asshowninthefollowingtable.
热水出
热水进
管壳式换热器
冰凝器
压缩机螺杆式
水冷蒸发器管壳滴液式过滤器膨胀阀
冰水出冰水进功率20HP 至200HP
Greenhouse Gas Emissions Data StatisticalTable
Shenzhen Photovoltaic Project Showcase Pictures
Water source heat pump treatment flow
Company Energy-Saving Retrofit Project Emission Reduction Performance StatisticsTable
Order
ProjectDrilling rig eliminates stand-alone chiller in favor of centralized oil coolingproject
Carbonreduction（TCO
-e）
134.81
2Energy-saving renovation project for dust-absorbing pipes in drilling workshop578.26
200HP Thermal Air Compressor and 200HP Atlas Air Compressor Heat RecoveryProject
573.52
4Shenzhen Ming Yang Replacement of energy-saving lamps193.825Air compressor room on the roof of Plant 1458.656Horizontal line energy saving fan retrofit127.59
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
1.OurEmployee
2.Employee RightsProtection
3.Occupational Health andSafety
4.Training andDevelopment
5.EmployeeCare
People-Oriented,
EmpoweringEmployeeDevelopmentAdhering to the core concept of position value, SGC Circuit ensures the rights and dignity ofevery employee, guaranteeing a fair and transparent work environment. The company activelypromotes a culture of strivers, encouraging employees to contribute with enthusiasm and relentlessefforts towards the continuous growth and prosperity of the enterprise.
5657
Human Resources Performance DataTotal Number of Employees
20242476Male to Female employee Ratio（%）71：29Age Distribution of Employees（Under 30/30-50/Over 50）27:68:5
Number of Ethnic Minority employees（Persons）161Number of Employees with Disabilities（Persons）6Educational Attainment Distribution of Employees（Bachelor’s Degree&Above/High
School&Above/Junior High School&Below）
15:57:28Percentage of Middle-Level and Above Female Managers Among Management Staff（%）8.82%
Number of Foreign Employees（Persons）1
Withcomprehensivereferencetofactorssuchasjobvalue,personalability,performanceandmarketlevel,andfollowingtheprinciplesoffairness,competition,incentive,economyandlawfulness,MingYangCircuithasformulatedamarket-competitive,comprehensiveanddiversifiedcompensationandbenefitsystemforitsemployees,whichfullyreflectsthecompany'srecognitionofthevalueofitsemployeesandthecompany'scarefortheemployees'careerdevelopmentandqualityoflife.2024averagecompensationgrowthrateoftheemployeesis11%,andemployeesatisfactionratereaches89%.In2024,theaveragesalarygrowthrateofthecompany'semployeeswillbe11%,andthesatisfactionrateoftheemployeeswillreach89%.
5.1 OurEmployees
■Human ResourcePolicies
SGC Circuit deeply understandsthesignificanceoftalent,consideringitthecoredrivingforceandmostcherishedassetforthecompany'sdevelopment.Thecompanyemphasizestheselection,cultivation,andmotivationoftalents,upholdinganemploymentideologycenteredaround"peoplefirst,combiningvirtuewithcompetence,utilizingeachperson'sstrengths,andrealizingwin-winoutcomes."Committedtofosteringanenvironmentthatnurturesasteadystreamoftalents,SGCCircuitestablishesarobustfoundationforitssustainablegrowth.
Thecompanyactivelypromotesdiversityamongitsemployees,attractingandretainingabroadspectrumoftalentsfromdiversebackgrounds,genders,ages,ethnicities,andreligiousaffiliations.Itstrictlyprohibitsanyformofdiscriminationbasedonrace,skincolor,gender,nationality,religion,disability,marital
Company Human Resources ManagementPhilosophy
People-OrientedApproachRespectingtheindividualvalueofeachemployee,thecompanyplacesgreatemphasisontheirpersonaldevelopmentandgrowth,whileattentivelyaddressingtheirneedsandexpectations.
MaximizingEachPerson'sPotentialBasedonindividualabilities,strengths,andinterests,thecompanymakesreasonablejoballocationstoensurethateachemployeecanmaximizetheirvalueintheirrespectivepositions.
Combining VirtuewithCompetenceThecompanyfocusesnotonlyoncultivatingemployees'professionalskillsbutalsoplacesahigherpremiumontheirmoralcharacter,professionalethics,andoveralldemeanor.AchievingWin-WinOutcomesWithafaircompensationandbenefitssystem,alongsideapromisingcareerdevelopmentplatform,employeesareempoweredtorealizetheirself-worthwhilecontributingtothecompany'sgrowth,therebyachievingamutuallybeneficialoutcomeforbothparties.
status,age,pregnancy,oranyotherlegallyprotectedcharacteristics.Forcedlaborisexplicitlybanned,andthehiringofchildlaborisstrictlyforbidden.Thecompanyrespectsemployees'individualfreedomofbeliefandsafeguardstheirpersonalprivacy,dedicatedtocreatingadiverseandinclusiveworkplaceenvironment.Bytheendof2023,thecompanyhadatotalof2,400employees,including166individualsfromethnicminoritygroups,withfemalemanagersconstituting7.59%ofthemanagementteam.
5.2 Employee RightsProtections
■Employee Rights andBenefits
The company adheres to national labor regulations, strictly prohibiting any form of discrimination during the hiringprocess, and is fully committed to safeguarding all employees' rights and benefits, ensuring equaldevelopmentopportunities for every staffmember.
1.Thecompanyimplementsacomprehensiveandtransparentcompensationandbenefitssystem,focusingonworkschedule
arrangements,promotingareasonableworkregime,andprioritizingemployees'physicalandmentalwell-being.
2.Thecompanyencouragesemployeestoactivelyengageincorporategovernance,supportingtheirestablishmentand
participationintradeunions.Throughcollectivebargaining,bothpartiescollaboratetoupholdemployees'legalrightsandinterests.Aunionorganizationhasbeenestablishedwithinthecompany,withemployeerepresentativeselectedbytheirpeerstoparticipateinmanagementanddecision-makingprocesses.Theyassistinresolvingandaddressingemployeegrievances,ensuringthatemployeevoicesarerespectedandheard.
3.Thecompanystrictlyprohibitsanyformofdiscriminatorybehavior.Byestablishinginternalgrievancechannels,issuesare
handledandresolvedbasedonprinciplesoffairnessandimpartiality,therebypreventingemployeesfromexperiencingdiscriminationorunfairtreatment.Thisensuresarespectfulandequitableworkingenvironmentforall.
Employee Grievance HandlingProcess
InitialGrievance
Reporting
PreliminaryInvestigationandHandling
GrievanceCommittee
Review
Deliberationand
Ruling
Implementation
andFeedback
■Compensation andBenefits
Human Resources Metrics Data2024The ratio of the average wage of frontline employees to
the local minimum basic wage
3.81:1
Employee turnover rate（%）3.51%Average employee satisfaction rate（%）89%Average employee salary growth rate（%）11%Gender pay ration for the same position（%）1:01Labor contract signing rate（%）100%
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
5859
Inordertoensurethatthesalaryandincomelevelsofdifferentpositionsinthecompanyareinlinewiththeeffectivecombinationofinternalfairnessandexternalcompetition,thecompanyhasimplementedthegradeandpayscalelinkagesystemof“settingsalaryaccordingtoresponsibilityandability,obtainingremunerationaccordingtoperformance,andadjustingsalaryaccordingtoperformance”,theperformancebonusfloatsalongwiththeperformance,andtheannualandmonthlyperformanceisanimportantbasisforthesalaryadjustment.Thecompanyprovidesemployeeswithvariousbenefitsaccordingtothelaw,inadditiontoenjoyingthenationalprovisionsofthefiveinsurance,vacation,annualleave,sickleave,breastfeedingleave,maternityleave,butalsoforthestafffortheaccidentcomprehensiveinsurance,freeroomandboard,thestaffshuttlebus,holidayandbirthdaygiftsandsoon.
Thecompanystrivestocreateanopen,inclusiveandharmoniouscommunicationenvironmenttoensurethateveryemployee'svoicecanbequicklyandaccuratelytransmittedandfeedback.Inordertounderstandtherealthoughtsandneedsofemployees,theCompanyconductsemployeesatisfactionsurveyseveryyear,coveringavarietyofdimensionssuchasworkingenvironment,compensationandbenefits,careerdevelopment,workpressure,superiorandsubordinatecommunication,andcorporateculture,etc.Meanwhile,inresponsetotheresultsofthesurveys,theCompanyimplementsanumberofimprovementinitiativestoenhancethesenseofparticipationandbelongingofemployees.In2024,theCompany'semployeesatisfactionrateis89%,andtheemployeeturnoverratewillbeaslowas3.51%,reflectingthattheattractivenessoftheCompanywillcontinuetoimprove.
Working environment
Thecompanyhasalwaysinsistedonputtingthesafetyandhealthofemployeesinthefirstplace,andhasestablishedasystematicoccupationalhealthandsafetymanagementsystemwiththetenetof“safetyfirst,preventionfirst,comprehensivemanagement”,andhasgraduallypromotedtheoperationofthesafetymanagementsysteminfouraspects,namely,riskidentification,systemplanning,organizationdevelopmentandcultureconstruction,andhasformulatedanimplementationplantostrengthenthefoundationin2023,improvethestandardandreducetheriskin2024,andstabilizeandimprovethesystemin2025.Ithasalsoformulatedanimplementationplanfor2023tostrengthenthefoundation,2024toimprovethestandardandreducetherisk,and2025tostabilizeandimprovethesystem.Atpresent,ShenzhenSunshineandJiujiangSunshinehaveobtainedIS045001OccupationalHealthandSafetyManagementSystemCertificate.
■SatisfactionSurvey
5.3 Occupational Health andSafety
■SafetyPolicy
Company's Safety Management System ImplementationChart
Company's Safety Management System ImplementationChart
0VS7JTJPO&)47JTJPO&)4.JTTJPO4UBHFHPBM
&)45BTL
SystemPlanningRiskControlOrganizational GrowthCulturalDevelopment
Become a Global Leader in Green Intelligent Manufacturing of High-
Precision ElectronicCircuitsDedicated to Establishing a World-Class Environmental and Safety Management System to Ensure Business ContinuityCreating a Healthy, Safe, and Pollution-Free Production Environment to Achieve Business and Strategic Goals
4USBUFHZ
2023:PragmaticbasisEstablish organization,standards, processes, andsystems
2024:Upgrade standards andreduceinspections
Procedural, Process-Oriented,Standardized,Systematic
2025:SteadyGrowth
Professionalism, AutonomyDigitization,SustainabilityGoal ManagementProcedure RevisionStandard DevelopmentProcess OptimizationSystem OperationDiagnostic EvaluationDigitizationDevelopment
System Planning Comprehensive Management Team Building CulturalEstablishment
Risk Grading andControlChange ManagementEquipment LifecycleManagementPredictive WarningMechanism
Organizational PlanningPerformance EvaluationEmpowerment DesignCapability EnhancementTalent GroupDevelopment
Framework DevelopmentActivity PlanningIncentive MechanismBenchmarkingSustainabilitySolutions
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
6061
■Security management measures
IS045001:2018Occupational Health and Safety
Management System Certification
Occupational Health and Safety PerformanceStatistics 2024
Occupational Health and SafetyDataSafety Investment Funds（10K RMB /Year）
2024
Employee Health Check-up Coverage Rate（%）
Work-related Fatalities(Persons/Year)
Occupational Disease Incidence Frequency
(Occurrences/Year)
Safety Training Hours per Person per Year
(H/Person/Year)
15.3
(1)Safetymanagementorganization:Thecompanyhasestablishedasafetygovernancestructure,includingasafety
managementcommittee,asafetymanagementdepartmentandasafetyproductionleadinggroup,andhasclarifiedthesafetyresponsibilitiesandobligationsofpersonnelatalllevels.Inaddition,thecompanyhasestablishedasafetyincentiveandaccountabilitysystem,formingasafetymanagementsystemfromtoptobottomwithfullparticipationofallpersonnel.duringtheperiodof2021-2024,thecompanydidnothaveanymajorcasualtyaccidentsoroccupationaldiseasecases,andachievedgoodsafetyandhealthperformance.in2024,thecompanyincreaseditsemphasisonsafety.Thenumberofsafetytraininghoursreached15.3hoursperpersonperyear.Theinvestmentincapitalalsoincreasedto8.24millionRMB.
(2)Dualpreventionmechanism:Thecompanyhascreatedadualpreventionmechanismofriskclassificationandcontrol
andhiddendangerinvestigationandmanagementtoaccuratelyidentifyandpreventallkindsofrisksfromthesource.TheCompanypayscloseattentiontotheweaklinksandpotentialproblemsintheriskmanagementandcontrolprocess,andconductsregularhiddendangerinvestigationandrectificationtoavoidsafetyaccidents.
(3)Productionsafetystandardization:Thecompanycarriesoutriskidentificationforallproductionlinesandequipments
accordingtothesafetystandardizationtostandardizeandquantifythesafetyrisks;andestablishesavisualsafetycardforeachpositiontoinformtheemployeesoftherequirementsofsafetyoperationandthedangersofnon-compliance,soastoleteachemployeecarryoutthesafetyoperationstandards.
(4)Safetyinspection:Thecompanyregularlycarriesoutsafetyinspectionsinvariouswaystoimprovetheimplementation
ofsafetymanagementandsafetyoperationstandards.Dailyon-dutyleadersandsecurityteamsinspectkeyriskpositions,andwhenhiddendangersarefound,theyareresolvedinatimelyandclosed-loopmannerbyreportingtotheITsystem'shiddendangermanagementplatform.2024TheCompanyconscientiouslyimplementedtheThree-YearActionProgramforSafeProductionRemediationandAttackontheRootCauseofSafetyIssuedbytheSafetyCommitteeoftheStateCouncil(2024-2026),tofurtherstrengthenthefoundationofsafeproductionandfundamentallyeliminatethehiddendangersofaccidents,andtheentireCompanyearnestlystudiedtheNationalAllstaffofthecompanycarefullystudythe“DeterminationStandardforMajorHiddenAccidentDangersinIndustryandTradeEnterprises”issuedbytheMinistryofEmergencyManagement,andactivelycarryouttheinvestigationandmanagementworkinaccordancewiththestandard.(5)Occupationalhealthprotection:Thecompanyintroducesathird-partytestingorganizationtoregularlymonitortheworkingconditionsandoperatingenvironment,strictlycontroltheoccupationalhazards,regularlyholdmedicalcheckupsforoccupationaldiseases,postnotificationboardsforoccupationalhazards,andequiptheemployeeswithlaborprotectionequipment,soastoprotecttheoccupationalhealthoftheemployeesinanall-aroundwayandwithahighstandard.(6)Safetyawarenesstraining:Thecompanybuildsathree-levelsafetytrainingsystemaccordingtotherequirementsofnationalsafetyregulationsandadoptsvariousmethodstocarryouttrainingonfiresafety,operationsafety,emergencyresponse,firstaidforpersonnel,chemicalmanagement,etc.,whicheffectivelyimprovesthesafetyawarenessandresponseabilityofemployees.
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
Safety Drills
6263
ShenzhenMing Yang exercise site photos
SHENZHENTimeProgramParticipantsSimulated exercise scenarios10,248:20-8:50
Poisoning Emergency Drill
Laboratory staff, immersion gold linestaff, electro-thickness gold staff
Simulation of cyanide poisoning of
floor of Building B10,2415:00-16:00
Chemical Spillage Exercise
thick gold line employees on the thirdWarehouse staff, production departmentdosing staff, chemical laboratory, safety
committee
Simulation of a chemical leak in atank area on the roof of a building10,2516:30-16:45Afteralarm
Still Chemicals VOCs FireEvacuation Drill + Fire Hose
Spraying
All employees of the company
Simulate a fire in the air ducts of theoven room on the second floor of
Warehouse staff, production departmentdosing staff, chemical laboratory, safety
Building B, which will quickly ignitethe surrounding chemicals and could
explode at any time.10,2516:55-17:05
Employee First Aid andKnowledge for Workplace
Injuries
All employees of the companyPlayground10,2517:05-17:05
Learning to use fireextinguishers
All employees of the companyPlayground10,2517:15-17:30
Leadership speeches,
summaries
All employees of the companyPlayground10,2523:00
Building B, which will quickly ignitethe surrounding chemicals and could
Emergency evacuation drill for
night shift employees
All employees of the companyPlayground
Fire appears, soundthe alarm.
Implementation of the
rescue
First aid for personnelWrap-up speech
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
JIUJIANGTimeProgramParticipantsSimulated exercise scenarios
09,1208:05——08:20
Afteralarm
Evacuation and rescueAll employees
Simulation of a fire on the roof of afactory building and evacuation ofthe entire site to a safe area
09,1208:10-08:20
firefighting and rescueDevelopment Zone Fire BrigadeRooftop of Factory One
09,1208:20-08:25
First aid for injuriesJiujiangFirst People's HospitalParking Lot C, Residence Hall C
09,1208:25-08:30
Safety training in the use offactory transportation vehicles
JiujiangBase Security GroupParking Lot C, Residence Hall C09,1208:30-08:40
Anti-riot and Terrorism Live
Practical Exercise
JiujiangBase Security GroupParking Lot C, Residence Hall C09,1208:40-08:45
Hazardous chemical leakage on-site practical exercises
Warehouse staffParking Lot C, Residence Hall C09,1208:50-09:00
Leadership speeches, summariesAll employeesParking Lot C, Residence Hall C09,1209:00-09:20
Fire extinguisher use on-sitepractical exercises
New employees after August 1Parking Lot C, Residence Hall C
6465
JiujiangSunshineexercise site photos
Fire appears, sound
the alarm.
Functional groupsassembled
Personnel areassembled
Implementation of the
rescue
Safety Drills
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
6667
ontraining,andtimelyadjuststhetrainingandcareerdevelopmentmechanism.Thecompanydesignstrainingprogramsaccordingtothedifferentpositionsandcareerdevelopmentneedsofemployees.Formanagementchannelpersonnel,itsetsupgrassroots,mid-levelandhigh-levelleadershiptrainingprograms;forprofessionalchannelpersonnel,itbuildsuptrainingprogramscenteredonqualificationsandlearningpathdiagrams;andfornewemployeesrecruitedfromschools,itestablishesanewforcetrainingprogramtocreatea“WhampoaMilitaryAcademy”forthecultivationofnewcomersintheindustry.Fornewemployeesrecruitedfromschools,thecompanyhasestablishedatrainingprogramfornewcomerstocreatea“WhampoaMilitaryAcademy”forthetrainingofnewcomersintheindustry,soastobringoutexcellenttalentsandprovideatalentreserveforthesustainabledevelopmentofthecompany.Thecompanyencouragesemployeestolearncontinuously,providesrichonlineandofflinelearningresources,andregularlycollectsemployees'opinionsandsuggestions
Ascientificandreasonablecareerdevelopmentmechanismisthekeytohelpemployeesgrowandenhancethecompetitivenessofthecompany.Thecompany'scareerdevelopmentmechanismiscenteredongradepromotionpaths,jobrotationstrategiesandcustomizedcareerplanning,providingemployeeswithdifferentskillsanddifferentlevelswithbroadcareerdevelopmentspace.Thecompanycontinuouslypromotesandoptimizestheemployeequalificationmanagementsystemtoprovideclearguidelinesforthecareerdevelopmentofemployees,helpthemcopewithvariouschallengesandproblemsintheircareer,andensurethattheycanmoveforwardsteadilyontheroadofgrowth.
Indicator Data
Total annual staff training hours
(H/year)
202459,151.64Employee training investment ($
million / year)
35.24
Number of types of training courses
(types/year)
Average staff training hours
(H/person/year)
23.89
2024 Employee Training Performance Statistics
Project management training
Training camps for university students
The company held the 2024 Employee Appreciation Conference to recognize outstanding
employees and promote advanced deeds.
Job RotationStrategy: Encouragejob rotation to enrichemployees' workexperience, improvetheir general skills,and train generalists.
Customized CareerPlanning: Individualizedcareer development plansand paths are developedfor employees based on
their strengths and
interests.
Career AdvancementPath: According to theemployee's career skills andperformance, provideopportunities for gradepromotion, as well as salaryand benefit enhancement.
5.4 Training andDevelopment
■Training andDevelopment
■Employee Career Development
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
6869
Inordertoenhancethecohesionoftheenterpriseandpromotetheharmoniousdevelopmentoftheenterprise,in2021,thecompanyespeciallysetuptheEmployeeMutualAidFundAssociation,whichhassofargatheredmorethan1.6millionyuan,anddonatedatotalof121,500yuanin2024tohelp7employeestosolvetheirproblemsinlife.Bytheendof2024,wehavesuccessfullyhelpedatotalof24employeestosolvetheirdifficultiesinlife,andprovidedthemwithatotalofabout472,100yuanofassistance,includingthepaymentofmedicalexpenses,emergencytreatmentoffamilychanges,subsidiesforeducationexpenses,etc.,whichreallyhelpeachotherinthemidstofsnow.
The company set up the Employee Mutual Aid Fund Association to helpemployees facing unexpected difficulties or special circumstances to tide over the
difficult times.
■Colorful Staff LifeInordertobuildapositiveworkingatmosphereandapleasantlivingenvironment,weorganizevariousformsofculturalandsportsactivitiestoenrichthespiritualworldofouremployees,relievetheirpsychologicalpressure,andenablethemtobalanceworkandlifemorecomfortably.Everyyear,thesummervacation“MingYang'sGrowingupwithChildrenwithOneHeart”parent-childactivitiesbringmorelaughtertoouremployees.Therichanddiversifiedexperiencesbroadenthechildren'shorizons,andtheparent-childinteractionsbringouremployeesandtheirchildrencloser,whichbringsthemasenseofwell-being.Thecompanyorganizesvariousculturalandsportsactivitieseveryyear,includingbadminton,basketball,tug-of-war,LanternFestivalriddles,birthdayparties,etc.Theseactivitiesenhanceteamcohesion,teamworkandcollectivesenseofhonor.
5.5 Caring forEmployees
■Employee Mutual Assistance
Fund
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
6.1 ResponsibleProcurement
6.1 Charitable and Public WelfareActivities
Transparent ProcurementFulfilling SocialResponsibilitiesThe company adheres to the principle of“Disinterested Procurement, Win-Win Cooperation,"and is dedicated to building a sustainable supply chain. The company actively participates incommunity development, gives back to society, and strives to be an exemplary corporate citizen!
7273
Sinceitsestablishment,thecompanyhasalwaysadheredtotheoriginalspiritofintegritymanagement,basedontheprinciplesoffairness,opennessandimpartiality,advocatedthesunshineprocurementpolicy,standardizedtheoperationmanagementofallstakeholdersinthesupplychain,cooperatedwithsuppliers,andstrictlyadheredtothestandardsofhonestyandbusinessethicsinallbusinessactivities.
Supplier participation in empowerment training
■Sunny procurement planning
Inordertorealizethesustainabledevelopmentofthesupplychain,inthefuture,thecompanywillestablishandimprovetheESGmanagementofsuppliersbasedontherequirementsoftheISO20400SustainableProcurementstandard,andin2024,thecompanyhasmadethefollowingactionsforsustainableprocurement
1)Thecompanyhasintroducedasustainableprocurementpolicy,andhassetquantitativegoalstosupervisethefulfillmentofsustainable
procurement.
2)Formulateasupplierquestionnairetocalculatethecarbonemissionsofsuppliers.Weplantosetcarbonreductionrequirementsandtargets
forsuppliersby2027.
(1)StrengthensupplierESGriskevaluationandgradingmanagement,focusmanagementonsupplierswithhighESGrisk,andaddESG-
relatedevaluationrequirementstothesupplierQEMCDSperformancescoringrules;
(2)Strengthensupplierauditsonhazardoussubstancemanagement,ESGcompliance,andmanagementperformance,andtheCompanyplans
toincreasetheannualauditdatafrom37/yearto50/yearby2029,tohelpsuppliersimprovetheirESGperformance.TheCompanyplanstoincreasetheannualauditdatafrom37to50by2029tohelpsuppliersimprovetheirESGmanagementlevel.
3)Activelyrespondtothenational“dual-carbon”strategyandthecarbonreductionrequirementsofcustomers,andpromotesupplierstocarry
outcarboninventoriesandcarbonemissionreductions,soastoreducetheemissionsofproductcarbonfootprintsandcontributetothemitigationofglobalwarming.
PerformanceIndicatorsProduction Local SupplierPercentage（%）
2024
97.6%
Number of New SupplierCertifications
Annual Number of Supplier SERAudits
Statistical tables of responsible procurement performance data
Procurement Values: Integrity and Collaboration, Understanding andCommunication, Continuous Improvement.
Conduct on-site audits of vendors
(1)SupplierSelectionTheCompanyhasestablishedasetofcomprehensiveandapplicablemanagementnorms,inaccordancewiththe
“SupplierCertificationManagementSystem”and“SupplierManagementProcedures”,andhasscreenedoutcompetitivesuppliersthroughthesettingoffilingthresholds,evaluationofmaterials,andassessmentandcounselingbyaprofessionalauditteam,aswellasutilizingtheSRMsystemtomanagethesuppliersintheirfulllifecycle.Inordertopromotethedevelopmentofregionaleconomy,theCompanyprioritizeslocalsuppliers,andtheproportionoflocalsuppliersforproductionmaterialswillreach96.3%in2024.
(2)SupplierManagement:TheCompanyhassignedthe“CommitmentLetterforSunshineProcurementforStrategicPartners”and“CommitmentLetterforEnvironment/Safety/SocialResponsibilityforSuppliers”withallitssuppliers,whichcontainsprovisionsonintegrity,compliance,humanrights,environmentalprotection,safety,ROHS,etc.Suppliersarerequiredtocomplywiththerelevantprovisionsofthecommitmentletter,superviseeachothertoensuretheimplementationofSunshineProcurement,andthecontractwillbeterminatedordissolvedatanytimeifthereisanyviolationoftheprovisions.TermsandConditions.
(3)SunshinePurchasingTraining:Thecompanyregularlyconductstrainingontopicssuchasintegrity,honestyandsuppliersocial
responsibilitymanagementforinternalpurchasingstaff,extendsthecompany'ssocialresponsibilityconceptsandrequirementstothesupplychain,andjointlypromotessocialresponsibilitymanagementwithsupplierstoensurethatalloperationscomplywithenvironmentalprotection,laborlawsandregulations,andthenormsofcorporatesocialresponsibility.
(4)SupplierPerformanceEvaluation:WithreferencetotheRBAauditprogram,theCompanyconductsannualSERauditsonkeysuppliers,
including5majoraspectsoflabor,healthandsafety,environment,ethicsandmanagementsystem,toensurethatsupplierscomplywiththeregulatoryrequirementsrelatedtosocialresponsibilityintheirbusinessactivities.2024,theCompanycompletedtheon-siteauditsof37suppliersonthebasisoftheirenvironmentalandsocialresponsibility(SER).In2024,theCompanyheldthe2ndSupplierConferenceofMingYangCircuit,andsetupawardssuchastheExcellentQualityAwardandtheBestGreenPartnerAwardtorecognizeandmotivatesupplierswhohavemadesignificantcontributionstotheCompany.
6.1 ResponsibleProcurement
2024 Group Partner Delivery Empowerment Conference
Visionandgoal:practicingsunshineprocurement,creatingstrategicvalue,buildingasupplyecologyofequality,respect,transparency,developmentandwin-winsituation,andcommittingtoprovidingtimely,accurate,high-qualityandcost-effectiveprocurementsupplychainservices.
■Responsible Procurement Management
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
7475
6.2Conduct on-site audits of vendors
■Public Benefit Action for Rural Support
Thecompanyadherestotheconceptof“givinglove,returningtothesociety”,andactivelyparticipatesinsocialwelfareandcharitableactivities,takingresponsibilityandgivingbacktothesocietywithpracticalactions.
On August 31, 2024, Ming Yang Group donated living and schoolsupplies to children from poor families.
■志愿者活动
Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport
7677GRI Standards Inde ofIndicator
Dearreaders,ThankyouverymuchfortakingthetimetoreadSunshineGlobalCircuitsCo.,Ltd.2024ESGReport.Ifyouhaveanythoughtsorsuggestionsregardingthisreport,pleasekindlyfilloutthefeedbackformbelowandsendittousviamail,fax,oremail.Yourvaluableinputisgreatlyappreciated!
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1.Which sections did you find most informative?
□SGCoverview
□Organizational Governance Laying the Foundations for Growth
□Product Innovation Empowering a Smart Connected World
□Environmentally Friendly and Low-carbon Leading Green Manufacturing
□People-oriented Facilitating EmployeeDevelopment
□Transparent Sourcing Fulfilling SocialResponsibility
2. How would you rate thisreport?
Readability□Good□Average□PoorCompleteness□Good□Average□PoorObjectivity□Good□Average□PoorLayoutDesign□Good□Average□PoorOveralImpression□Good□Average□Poor
3. Your suggestions for our next annual report?
4. Please get in touch with us：
Email：
esg@sunshinepcb.com
Tel：+86 (0)755-2724-3597+86 (0)755-2724-3968Fax：+86 (0)755-2724-3609
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Sunshine Global Circuits Co., Ltd | 2024Annually ESGReport