2024
EGING PHOTOVOLTAIC TECHNOLOGY CO., LTD.
ENVIRONMENTAL, SOCIAL AND
GOVERNANCE (ESG) REPORT
ABOUT THE REPORT 01RESPONSIBILITY ADDRESS 02ABOUT EGING PV 03
APPENDIX 69
ESG Annual Work Progress 12ESG Governance 14ESG Action Response 15Communication with Stakeholders 16Materiality Issues Evaluation 17
SUSTAINABLE DEVELOPMENTMANAGEMENT AND ACTION
Environmental Compliance 20Responding to Climate Change 21Energy Management 26Water Resource Management 27Waste Discharge Management 28
FOCUSING ON ECOLOGICALPROTECTION TO BUILD A SOLIDGREEN FOUNDATION
R&D Innovation 30Green Products and Solutions 31Intellectual Property Protection 33
EMBRACING TECHNOLOGICALINNOVATION TO LEAD THEPATH TO THE FUTURE
Product Quality and Safety 35Customer Services 39Supply Chain Management 40Digital Construction 41
DEEPENING VALUE CREATION TOEMBODY RESPONSIBILITY ANDCOMMITMENT
Corporate Governance System 45Internal Control Construction 48Internal Audit 49Business Ethics 50Information Security 51
STRENGTHENING COMPLIANCEOPERATIONS TO BUILD A SOLDRISK BARRIER
Safety Production Management 54Double Prevention Mechanism 56Occupational Health Protection 57Emergency Response 59
STICK TO THE BOTTOM LINE OFSAFETY TO ENSURE STABLEOPERATIONS
Protection of Employee’s Rights and Interests 61Human Resources Management 63Employee Training and Career Development 65Employee Care 66Rural Revitalization 68
ADHERING TO A PEOPLE-ORIENTEDAPPROACH TO BUILD A HARMONIOUSSOCIETY TOGETHER
CONTENTS
About the ReportReport Overview
The Report is the second Environmental, Social and Corporate Governance (ESG) reportreleased by Eging Photovoltaic Technology Co., Ltd. (hereinafter referred to as "EGING PV","the Company" or "we"), which aims to disclose to stakeholders the Company's managementand actions, and performance on various ESG issues.
Organizational Scope of the ReportThe headquarters, branches and subsidiaries of Eging Photovoltaic Technology Co., Ltd.
Time Range of the ReportThe Report mainly covers the period from January 1 to December 31, 2024, and may tracesback to previous years in virtue of comparability and continuity.
Report Release Cycle
This Report is published once a year, at the same time as the Company's annual report, withthe detailed date of release subject to that of the year.
About Information SourcesThe information in the Report is gathered from relevant statements, ?les, stakeholder investi-gations or interviews of the Company.
Preparation References Disclaimer
Disclaimer
The Report contains forward-looking statements. Except historical facts, all the events andstatements that may or will occur in the future (including but not limited to premises,objectives, evaluations or business plans) should be viewed as forward looking statements,which may deviate from future results or trends as a?ected by potential changes.
This Report has been prepared by referring to relevant guidance documents such as the Guide-lines No. 14 of Shanghai Stock Exchange for Self-Regulation of Listed Companies—Sustainabil-ity Report (Trial), Implementation Speci?cations No. 4 of Shanghai Stock Exchange forSelf-Regulation of Listed Companies—Preparation of Sustainability Report, and the UnitedNations Sustainable Development Goals (UN SDGs 2030), and in combination with the currentactual situation of EGING PV.
Over the past year, the international landscape has remained complex,with the global energy sector undergoing rapid transformation. Amidincreasingly ?erce competition within the photovoltaic (PV) industry,EGING PV has faced signi?cant challenges. In response, the Company hasdeeply embedded ESG principles into its core strategy, viewing them asessential to navigating industry cycles and driving sustainable develop-ment.Amid the accelerated global energy transition, China’s "dual carbon”goals continue to gain momentum. The PV industry is entering a newphase of high-quality development, shifting from a policy-driven modelto one led by market forces. Building on its commitment as a member ofthe United Nations Global Compact, EGING PV actively aligns with theglobal sustainable development agenda by embedding ESG managementsystems into the core of its corporate governance. Through the establish-ment of the Board Strategic Development and ESG Committee, we havecreated a comprehensive management framework that spans strategicplanning, execution, and dynamic evaluation—ensuring that ESGobjectives are closely integrated with business development.
Responsibility Address
Anchoring strategic orientation to seize the era opportunities
EGING PV remains ?rmly committed to environmental protection, consis-tently leading the way in low-carbon development. We have comprehen-sively optimized our production processes by introducing advancedautomated equipment and intelligent management systems, signi?cant-ly reducing resource waste and carbon emissions. As a state-level greensupply chain management enterprise, we actively promote social compli-ance audits among our suppliers and work to build a transparent,low-carbon industrial ecosystem. Looking ahead, we will further advanceinnovative models like "PV + Agriculture" and "PV + Construction,"contributing to a cleaner, more e?cient global energy landscape.
Delving into green transition to strengthen ecological foundation
Employees are the cornerstone of EGING PV’s growth and success.We are dedicated to fostering an open, inclusive, and dynamicworkplace while o?ering diverse career development pathways,along with abundant training and advancement opportunities. Ourcontinuous e?orts to enhance the occupational health and safetysystem have resulted in a work-related injury rate that ranks amongthe best in the industry. The integrity commitment signing rateamong middle and senior management has remained at 100%,re?ecting our strong ethical foundation. In parallel, we activelyful?ll our social responsibilities—giving back to society throughtangible actions. Leveraging our "PV+" model, we provide cleanenergy solutions to underserved regions, contributing to ruralrevitalization and sustainable development.
Embedding a sense of responsibility to build a shared futuretogether
Looking ahead, we will continue to deepen the implementation ofour ESG strategy, accelerate the development of green, intelligentfactories, and work toward building a zero-carbon industrial valuechain. We will further strengthen communication and collaborationwith stakeholders to foster shared value and mutual growth. Byembracing a long-term perspective, EGING PV is committed tocontributing its strength to the global energy transition and thepursuit of sustainable development.A heartfelt thank you to all our employees for their hard work anddedication! We deeply appreciate the trust and support of ourcustomers, suppliers, investors, and all sectors of society. Togeth-er, let us join hands and boldly march toward a brighter and moresustainable future!
Looking ahead to 2025 to draw a blueprint for sustainabledevelopment together
About EGING PV
?Company Pro?le?Corporate Culture?Development History?Business Presence?Global Service?Sustainable Development Strategy?2024 Honors and Awards
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Company Pro?le
Corporate Culture
EGING Photovoltaic Technology Co., Ltd. (hereinafter referred to as "EGING PV" ), listed under stock code SH600537, is a leading PV enterprise specializ-ing in the R&D, production, and sales of solar cells and modules. The company also has extensive experience in the construction and operation of PVpower stations. EGING PV operates two production bases, covering a total land area of over 2,500 mu: one in Changzhou, Jiangsu, covering more than1,500 mu, and the other in Chuzhou, Anhui, covering over 1,000 mu. By the end of 2024, EGING PV will employ more than 1,500 employees.As a hi-tech enterprise, EGING PV is home to some advanced R&D platforms, such as the "International Science and Technology Cooperation Base"authorized by the International Science and Technology Cooperation Department of the Ministry of Science and Technology, the "PostdoctoralResearch Workstation" , and the "Jiangsu PV Engineering Research Institute" . Our solar module laboratory has been accredited by the China NationalAccreditation Service for Conformity Assessment (CNAS) and is also a TDAP laboratory of Prufstelle Testing and Certi?cation Institute (VDE).The Company has been honored with titles such as "PVBL 2024 Top 20 PV Module Brands" and "Top 100 Global PV Brands" and has been selected intothe lists of "Jiangsu Province Quality Credit AAA Grade Enterprises" and "Five-star Cloud Enterprises". Many products of the Company have won certi?-cates such as "Green Leading Three-Star" Certi?cate, "Green Building Material" Certi?cate, etc. The Company has also been awarded the ?rst"Zero-carbon Factory" certi?cation in the PV industry.Adhering to the corporate values of "Integrity, Win-Win, Truth-Seeking, and Innovation," the Company is dedicated to becoming a global leader in PVmanufacturing and smart energy solutions. Looking ahead, the Company will focus on enhancing operational e?ciency, strengthening technologicalR&D, and expanding its business footprint. Driven by customer needs, the Company will deliver reliable clean energy products and personalizedservices, steadily advancing toward the goal of becoming the preferred supplier of multi-scenario solutions for PV power stations.
Corporate visionBecoming a world’s leading provider ofPV intelligent manufacturing and smartenergy solutionsCorporate orientation
Being the preferred supplier of multi-sce-nario solutions for PV power stations
Corporate mission
Delivering the most reliable clean energy
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录04About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
Appendix
Stock codeSH600537
Land area
+ mu2,5001,500
In-service employees
+
Sticking to the Bottom Line ofSafety to Ensure Stable Operations
Development Path
EGING PV was registeredand established, startingthe green energy jour-ney from crystal pulling
2003
EGING PV silicon waferproduction line putinto production2005
EGING PV solar cellline started pro-duction
2006
Ranked among the Top500 private enterprisesin China
2009
Awarded as one of the Top10 Chinese PV BrandsPassed CQC’s ?rst batch of
"Top Runners” Certi?cationIncluded in the list of“BNEF’s Global Tier 1 PV
Module Manufacturers"
2015
3GW high-e?ciencycrystalline siliconmodule productionline put into opera-tion
2019
2021
Unveiled PV modules,and was awarded by theMinistry of Science andTechnology the certi?-cate of "Key High-TechEnterprise"
2007
Successfully listed onChinese A-share marketthrough Shanghai stockexchange (code: SH600537)
2011
2GW high-e?ciency crystallinesilicon module production lineput into operation2GW high-e?ciency crystallinesilicon cell production line putinto operation
2020
5GW high-e?cient crystalline silicon module5G smart manufacturing production line putinto operation10GW high-e?cient N-type TOPCon cell proj-ect signed and settled in Chuzhou
2022
Awarded the world’s ?rst bifacial PV moduleforerunner certi?cate by CQCObtained the industry’s ?rst 2x PID certi?-cate for P-type bifacial double-glass modules
2018
3GW high-e?ciency crystalline siliconcell production line put into operationWon the ?rst highest registration certi?-cate for green product certi?cation of PVmodules in China issued by China Quali-ty Certi?cation Center, and became the?rst batch of PV module manufacturersof Sinopec’s EPEC platform
2023
10GW high-e?cientN-type TOPCon cell proj-ect in Chuzhou base putinto production
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录05About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Business Presence
High-end production and testequipmentSelective emitter equipmentand technology
Cell preparation
World’s advanced production lines
Module enveloping
Power station systemMaintenance and operationComplete product managementand global certi?cation systems15 years of experience in projectsystemsCustomized and reasonable designto maximize returns
Globally leading intelligent operationsystemE?cient and professional operation & main-tenance team and technical teamRegular inspections to improve user satis-faction
The most advanced fully automatedmodule packaging line in ChinaThe CNAS recognized and TUV and VDEcerti?ed module laboratory ensures modulereliability
Over the years, by taking "providing the most reliable clean energy" as its mission, EGING PV has consistently been on the list of "Global Tier 1 PV Module Manufacturers" by the authoritative global institution Bloomberg NewEnergy Finance (BNEF) and focuses on four key segments of PV cell manufacturing, PV module enveloping, power station system application, and power station maintenance and operation.
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录06About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Integrated energy businessEGING PV provides users with a full range of services such as energy storage power station and PV power station-related technology R&D, products and engineering design, technology consulting, EPC general contracting, projectmanagement, PV power station operation and management, post-investment ?nancing management and other comprehensive services. The Company also provides customers with di?erentiated and customized "one-stop smartintegrated energy services", which can be applied to various ?elds such as power generation, transmission, distribution, and utilization and can meet the energy storage needs of both households and industrial and commercialplaces such as shopping malls, large o?ce buildings, plants, industrial parks, to empower them to achieve the goals of "30?60" (a carbon emission peak by 2030 and carbon neutrality by 2060).
19.8MW Quanjiao/Anhui
Rooftop distributed power stationprojectAdopt the BIPV rooftop structureindependently designed by EGINGPV
30MW+40MW Changzhou/Jiangsu
An integrated optical charging and storageproject
8MW Zhongshan/Guangdong
Sewage plant distributed powerstation project
12MW Xuyi/Jiangsu
Rooftop distributed power station + indus-trial and commercial energy storage proj-ects
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录07About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Global Service
Asia Paci?cMiddle EastAfrica
EuropeNorth America
South America
JapanChina
Australia
Singapore
Spain
America
Brazil
Canada
GermanyItalyUzbekistan
India
countriescountriesServing
million tonsmillion tonsSaving energy and reducingCO
emission by
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录08About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Sustainable Development Strategy
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录09
Green manufacturing and circular economyZero-carbon factoryGreen supply chainCircular economy and ecological coordination
Social values and global responsibilities
ESG governance and employee developmentIndustrial empowerment and public welfare practiceInternational market expansion
Technological innovation and product upgradingE?cient technology iterationIntelligent manufacturingSecurity and reliability management
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
2024 Honors and Awards
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录10
WWW.SOLARBE.COM"The Most In?uential PV Module Enterprises of 2023"
Ministry of Industry and Information Technology"The Fourth Batch of Intelligent PV Pilot Demonstra-
tion Enterprises"
Changzhou Municipal People’s Government
"Four-Star Enterprises"
Changzhou Municipal People’s Government"Digital Economy" Demonstration Enterprises
Industry and Information TechnologyDepartment of Jiangsu“Intelligent Manufacturing Factory in Jiangsu
Province”
Changzhou Bureau of Commerce“The Fifth Batch of Enterprises for Changzhou Foreign
Trade Patent Protection Action”
Industry and Information TechnologyDepartment of Jiangsu“The Five-Star Cloud Enterprise in Jiangsu
Province”
www.in-en.com“2024·Top 10 Good PV Brands for PV Building Solutions”
Changzhou Municipal People’s Government
"Top 10 Enterprises in R&D Investment"
Industry and Information Technology
Department of Jiangsu"Provincial-level Leading ManufacturingEnterprises" (the ?rst batch)
Changzhou Development and Reform Commission"2024 Changzhou Municipal Engineering Research Center"
“PVBL 2024 World’s Top 20 Module Brands
and World’s Top 100 PV Brands"
Market Supervision Administration of Jiangsu Province“2024 Jiangsu Province Quality Credit AAA Grade
Enterprise”
PVIC“2024 Top 10 Innovative Cell Enterprises in PV Industry”
2024 Innovative Module Enterprise in PV Industry
The Ministry of Science and Technology“2024 Green Supply Chain Management Enterprises”Intellectual Property O?ce of Jiangsu Province“The First Batch of Enterprises for the Overseas
Trademark Protection Key List”
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Sustainable DevelopmentManagement and Actions
?ESG Annual Work Progress?ESG Governance?ESG Action Response?Communication with Stakeholders?Materiality Issues Evaluation
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录11About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
ESG Annual Work Progress
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录12
In 2024, EGING PV o?cially signed up to become a member of the UNGC. As one of the largestglobal initiatives for sustainable development, the UNGC has over tens of thousands of enter-prise participants from more than 170 countries. The ten principles advocated by the UNGCcover key areas such as human rights, labor rights, environmental protection, and anti-corrup-tion. By joining the UNGC, EGING PV has taken an important step on the global stage of sustain-able development.In the future, EGING PV will, based on UNGC principles, further optimize its strategic planning,work with global partners to promote the achievement of sustainable development goals andcontribute to the global sustainable energy cause.
In 2024, EGING PV stood out in EcoVadis rating and won the Silver Medal, ranking in the top12% of more than 140,000 rated enterprises across more than 220 industries globally. The Eco-Vadis rating is based on international standards such as the ISO 26000 Guidance on SocialResponsibility and the Global Reporting Initiative (GRI) and conducts a comprehensive andin-depth assessment of enterprises across four core dimensions: environmental protection,labor & human rights, business ethics, and sustainable procurement.This Silver Medal signi?es a high-level recognition for EGING PV's sustainable developmentpractices and serves as an incentive for the Company to continuously improve its ESG perfor-mance in the future.
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
In 2024, EGING PV was successfully included in the 2024 “Green Supply Chain Management Enterprises” listpublished by the Ministry of Industry and Information Technology (MIIT) of China. The selection of the listaims to encourage enterprises to build green supply chains to achieve the green development throughoutthe entire life cycle from raw material procurement, production and manufacturing, product sales, to recy-cling and utilization.In the future, the Company will take this opportunity to continue intensifying the innovation and investmente?orts in green supply chain management, constantly improving the green supply chain managementsystem and standards, playing a more active role in demonstrating and guiding the industry and workingwith more partners to promote the widespread application and in-depth development of green supply chainsin the PV industry.
In 2024, EGING PV successively obtained many product certi?cates such as “Green Product” Certi?cate,“Green Building Materials” Certi?cate, “Product Carbon Footprint” Certi?cate and “Environmental ProductDeclaration (EPD)”. These certi?cations represent the authoritative recognition of the products in terms ofenvironmental protection performance, resource utilization e?ciency, and carbon emission reduction.These certi?cations show that EGING PV satis?es the resource-saving and environmental-friendly require-ments in the entire life cycle of products, which not only improves the market competitiveness of the prod-ucts, but also promotes the green upgrading of the product mix, empowering the Company to occupy a morefavorable position in the green energy market.
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
In 2024, EGING PV further optimized andimproved its ESG governance structure toensure the e?cient communication andcoordination at the decision-making, manage-ment, and execution levels. By clarifying theresponsibilities and authorities of each level,the Company has been able to advance its ESGwork in a more systematic and scienti?c way.In 2024, as the decision-making level of theCompany’s ESG governance structure, theBoard of Directors as well as its Strategic Devel-opment and ESG Committee continued to playtheir role of strategic leadership to ensure thatthe Company gave consideration to environ-mental and social responsibilities while pursu-ing economic interests, so as to promote thesustainable development of the Company. Atthe management level, the ESG Work Leader-ship Group coordinated the Company’sESG-related work, integrated ESG concepts intothe Company’s daily operations and long-termstrategic planning, to ensure the e?ectiveimplementation of ESG initiatives. At the execu-tion level, the ESG Work Executing Groupachieved remarkable results in promotinggreen supply chain management and greenproduct certi?cation and empowering localdevelopment, providing strong support for therealization of the Company’s ESG goals.
ESG Governance
Board of DirectorsStrategic Development
and ESG Committee
ESG Work Leadership Group
ESG Work Executing Group
ESG O?ce (Board O?ce)
Centers and functional departments,Operation Management Center, Quality Management Center, HumanResources Administration Center, Supply Chain Center, Manufactur-ing Center, Marketing Center, Logistics Center, PV Institute, etc.
ESG Governance ChartESG Responsibilities and Division of LaborThe Board of Directors is the decision-making level and the highestdecision-making body of ESG work. The Company has set up the Stra-tegic Development and ESG Committee under the Board of Directors.The Strategic Development and ESG Committee is responsible forformulating the Company’s ESG strategic guidelines, deliberating onand making decisions regarding signi?cant ESG matters, and regularlysupervising and inspecting the progress of ESG-related issues.The Company’s ESG Work Leadership Group is the management levelof ESG work and composed of the general manager and senior execu-tives of the Company. The ESG Work Leadership Group is responsiblefor developing the ESG management system, supervising the imple-mentation of ESG work, promoting the smooth implementation of ESGwork, and regularly reporting the progress of ESG work to the StrategicDevelopment and ESG Committee.
The Company’s ESG Work Executing Group is the execution level ofESG work and composed of the full-time sta? assigned by di?erentdepartments and units of the Company. The ESG Work ExecutingGroup is responsible for the speci?c implementation of ESG dailymanagement to ensure the achievement of ESG goals.
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录14
Decision-making level
Management level
Execution level
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
The core of the Sustainable Development Goals (SDGs) is highly consistent with the concept of ESG. In order to advance the realization of the United Nations’ 17 SDGs, the Company actively responded to the UN SDGs 2030 throughits own practical ESG actions:
ESG Action Response
Creating jobs:As the Company continued to grow, EGING PV consistently absorbed
labor, to provide stable income for local and surrounding residents and help reducepoverty.Engaging in public welfare undertakings:EGING PV carried out public welfare activi-ties in ?elds such as rural revitalization, to empower rural economic development.
Innovating agricultural solutions:Through the “PV + agriculture” model, EGING PV
developed the agri-photovoltaic (APV) projects to grow crops or raise poultry under the PVpanels, which enhanced the land use e?ciency, increased farmers’ income, as well asindirectly guaranteed the food security.Establishing an occupational health and safety management system:EGING PVprovided a safe and healthy working environment for employees and conducted regularoccupational health check-ups to monitor the health status of employees.Conducting safety training and drills:EGING PV strengthened the employees’ safetyawareness and their ability to respond to emergencies, thereby reducing the risk of work-place accidents.Attaching importance to talent training:Equipped with the postdoctoral research work-station and other research platforms, the Company provided scienti?c research talentswith a sound research environment and rich development opportunities, to train profes-sional talents.Supporting education:The Company improved the teaching conditions of schoolsthrough donations and other ways to facilitate the development of education.Providing equal opportunities: The Company adhered to the principle of genderequality and based on employees’ abilities and performance, provided equal employ-ment opportunities, career development space, and remuneration for both male andfemale employees in recruitment, promotion, and other aspects. Gender bias is nonex-istent in the Company.Paying attention to water resources management: The Company established asound water resources management system to improve the e?ciency of water resourceutilization, reduce water waste, and indirectly contribute to the protection of waterresources and the provision of clean draining water.Guaranteeing employees’ living facilities: The Company provided employees withclean and hygienic working environment and living facilities to meet their basic livingneeds.
Upgrading employees’ skills:The Company carried out training and skills enhancementprograms to help employees improve their professional skills and overall quality fordecent work.
Promoting industrial development: The Company created tax revenue for the country,drove the coordinated development of upstream and downstream industries, andpromoted economic growth.Building intelligent factories:The Company accelerated the in-depth integration of theindustry with the new generation of information technology, such as promoting MES\ER-P\TMS projects, to achieve industrial AGV (automated guided vehicle) application cover-age and improve production e?ciency and product quality.Supporting energy infrastructure construction: With rich experience in the construc-tion and operation of PV power stations, the Company provided support for energyinfrastructure construction.Advocating a fair corporate culture:The Company eliminated employee treatment gapsand discrimination within the enterprise to create a fair and just working environment.Paying attention to vulnerable groups: The Company actively participated in publicwelfare activities, such as pairing-up assistance and jointing e?orts to support people withdisabilities, to provide job opportunities and support for vulnerable groups such as thedisabled.
Applying PV products to urban architectures:The Company was actively engaged inbuilding-integrated photovoltaics (BIPV) projects to provide clean energy for cities, reducecarbon emissions, and promote sustainable urban development.Actively cooperating with the communities: In the process of conducting business, theCompany respected local cultures and customs and supported public welfare activitiessuch as the construction of public facilities, to contribute to the community development.
Building a green supply chain: The Company integrated green concepts into all aspects
of supply chain management and carried out green control in the whole process from rawmaterial procurement and production as well as manufacturing to waste treatment.Multiple system certi?cations: The Company has passed multiple system certi?cations,including ISO 9001 Quality Management System and ISO 14001 Environmental Manage-ment System and obtained many product certi?cates such as “Green Product” Certi?cate,“Product Green Level Green Leading Three-Star” Certi?cate, “Green Building Materials”Certi?cate, and “Product Carbon Footprint” Certi?cate.
Establishing an environmental management system: To achieve the goal of reach-ing peak carbon emissions and carbon neutrality, the Company established a compre-hensive environmental management system and took various measures to reducegreenhouse gas (GHG) emissions.Forging “zero-carbon factories”: The Company obtained the ?rst “Zero CarbonFactory” Certi?cate in the PV industry issued by the China Quality Certi?cation Centerand achieved emission reduction by using renewable energy and implementing energyconservation measures.
Indirect protection actions: The Company contributed indirectly to the protection ofliving environment of underwater organism by the actions such as reducing carbonemissions to protect water resources. Although there are no direct actions related to thisgoal, the Company placed emphasis on overall environmental protection.
Lowering the ecological damage risks: By developing the PV industry, the Company
reduced the exploitation and use of traditional energy, thereby lowering the risk ofdamage to the terrestrial ecosystem.
Protecting the surrounding ecosystems:During the construction of PV projects, the
Company paid great attention to protecting the surrounding ecosystems, to avoid theimpact on the habitats of terrestrial organisms.
Adhering to lawful and compliant operations: he company strictly complied withnational and international laws and regulations, upheld market order, and promoted faircompetition, and adhered to lawful and compliant operations.Improving internal governance:The Company has constantly improved the internalgovernance structure, as well as established and improved the risk management systemand internal control system, to ensure its stable development.Participating in the development of industrial standards: The Company activelyparticipated in the development of industrial standards and collaborated with govern-ments, industry associations and other institutions to drive the sound development ofthe PV industry.
Joining international organizations: The Company has joined UNGC and is committedto implementing relevant conventions and working with industrial partners to advancethe process of global sustainable development.
Conducting cooperation: The Company has established long-term partnerships with
domestic power groups and large state-owned enterprises, to jointly promote theconstruction and development of PV projects, while engaging in industry-university-re-search cooperation to conduct technology R&D and innovation with universities andresearch institutions.
Focusing on the R&D and production of PV products:The Company has been commit-ted to the R&D, production and sales of high-e?ciency crystalline silicon solar cells andmodules, and its products have been widely used in distributed PV power generationprojects, PV power stations, etc., to help countries reduce their dependence on traditionalfossil energy.
No poverty
Zero hunger
Good health and well-being
Quality education
Gender equalityClean water and sanitation
A?ordable clean energy
Decent work and economicgrowth
Industry, innovation andinfrastructure
Reduced inequalitiesSustainable
cities and communitiesResponsible consumptionClimate action
Life below water
Life on land
Peace, justice and strong
Partnerships for the goals
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录15
and production
institutions
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
EGING PV attaches great importance to the concerns and demands of stakeholders. By establishing e?ective communication channels and mechanisms forstakeholders, it timely transmits and discloses information of concern to stakeholders and listens to their feedback and suggestions. After comprehensive analy-sis and research, the stakeholders of EGING PV mainly include shareholders and investors, regulators, exchanges and rating agencies, customers, suppliers, con-tractors and other partners, communities, public society and media, employees, non-governmental organizations, industry associations, etc.Communication with Stakeholders
Shareholders andinvestors
Regulators, exchanges,and rating agencies
Suppliers, contractors,and other partners
Community, civilsociety, and the media
Employees
Non-governmentalorganizations (NGOs)
IndustryassociationsCustomers
Economic performance
Risk managementManagement structureBusiness complianceR&D innovation
Shareholders' meetingsPeriodic report disclosureDaily communication(phone calls, emails, andmeetings)
Compliance management
Legal employmentBusiness ethics
Disclosure of informationCompliance trainingQuestionnaire survey
Customer privacy andinformation security
Customer serviceProduct qualitySafety product perfor-mance
Global service platformCustomer visitQuarterly operationcommunication meetingCustomer satisfactionsurvey
Sustainable procurementBusiness ethicsResponsible production
Regular evaluation andreviewSupplier conferenceDaily communication(phone calls, emails, andmeetings)
Charity and publicwelfareEmployee rightsprotectionConservation ofecosystemResource recycling andwaste disposal
Community projectcooperationCharity activitiesDaily communication(phone calls, emails,and meetings)
Employee health andsafetyEmployee welfare rightsprotectionEmployee training anddevelopment
Employee communica-tion groupCompany opinion emailCompany feedbackservice numberEmployee satisfactionsurvey questionnaire
Water managementEnergy ManagementResponding to climatechangeWaste managementLegal employment
Disclosure of informationDaily communication(phone calls, emails, andmeetings)
Technological innovationand IPR protectionProduct management
ExhibitionInternational standardsettingAcademic exchangeactivitiesIndustry associationmeetings
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录16
Main stakeholders
Expectations and demandsMain communication method
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Materiality Issues EvaluationIn order to deeply explore the core expectations and demands of stakeholders and improve the pertinence and materiality of ESG report of EGING PV, the Company systematically carried out the four-stage work of “Issues Identi-?cation - Issues Research ? Issue Analysis - Issue Screening”:
In the process of streamlining the business processes and value chain, the Company conducted awhole-process review of ESG risks and opportunities across the full value chain, from cell productionand module enveloping to sales and after-sales services, including the sustainability of the supplychain in the upstream procurement, energy consumption and carbon emissions in the productionprocess, and product compliance and customer privacy protection in downstream sales services.Based on the 21 issues set out in the Guidelines No. 14 of Shanghai Stock Exchange for Self-Regula-tion of Listed Companies—Sustainability Report (Trial) and in combination with the characteristicsand development stage of the industry, its own business models, and the value chain, the Companyidenti?ed issues of ?nancial materiality or impact materiality and developed a preliminary issue list.
Issue identi?cation
The Company created and distributed the 2024 ESG Materiality Issues Questionnaire to eight dimen-sions of stakeholders, including governments and regulators, shareholders and investors, customers,employees, suppliers and partners, communities, media, and others;The Company conducted communication and interviews with 16 important functional departments,such as the Securities Department, the Marketing and Brand Department, the Information Manage-ment Department, the Procurement Department, the System Certi?cation Department, the QualityControl Department, the Safety and Environment Department, and the PV Institute.
Issue research
Impact materiality analysis: evaluating economic, social, and environ-mental impacts of each issue around several key dimensions, such asscale of impact, scope of impact, irreversibility, likelihood of occur-rence, and long-term trends;Financial materiality analysis: analyzing the potential impact of eachissue on company ?nance, including impacts on revenues, costs, prof-its, cash ?ows, ?nancing costs, etc.
In combination with the evaluation results of the two dimensions, cov-ering impact materiality and ?nancial materiality, the Company rankedthe issues in a comprehensive manner to determine the issues thathad dual material impacts on the Company;
Based on the comprehensive evaluation results, the Companyscreened out the issues of high materiality to ensure that the issuescould not only re?ect the core demands of stakeholders, but also metthe actual development demands of enterprise, laying a solid founda-tion for the preparation and disclosure of ESG reports.
Issue screening
Issue analysis
走进亿晶光电Sustainable Development Management and Action聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Materiality issues evaluation matrix
Materiality issues
Impact materiality
Responding to climate changeWaste discharge and managementEnergy managementWater resource managementRecyclingGreen innovationGreen certi?cation
Sustainable procurement managementProduct quality and safetyEmployee’s occupational health and safetyEmployee’s rights and interests and labor managementEmployee’s careCustomer serviceRural revitalizationCharity and voluntary service
Corporate governance systemRisk management and internal controlR&D innovationAnti-corruptionDigital constructionPrivacy and data securityIPR protection
Environmental dimensionSocial dimensionCorporate governance dimension
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录18
Financial materiality
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录19About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Focusing on EcologicalProtection to Build aSolid Green Foundation
?Environmental Compliance?Responding to Climate Change?Energy Management?Water Resource Management?Waste Discharge Management
Environmental management system
In accordance with the requirements of the Environmental Pro-tection Law of the People's Republic of China, the Law of thePeople's Republic of China on the Prevention and Control ofEnvironmental Pollution by Solid Wastes, and other nationallaws, regulations and relevant documents, the Company hasestablished an ISO14001 environmental management system,the Environmental Prevention and Control ResponsibilitySystem and the Environmental Prevention and Control Manage-ment System, and clearly de?ned the responsibilities of eachdepartment and post for environmental protection and control;and built an environmental prevention and control leadinggroup with the General Manager as the leader, the head of theDepartment of Safety and Environmental Protection as thedeputy leader, and other department heads as members.
Environmental protection actionThe Company highly recognizes that Chinese path to modernization is amodernization in which man and nature coexist harmoniously. Respect-ing nature, complying with nature, and protecting nature are the inher-ent requirements for building a modern socialist country in an all-roundway. It is also EGING PV’s consistent value pursuit of providing custom-ers with eco-friendly products and services. Over the years, the Companyhas been practicing the concept of “Lucid waters and lush mountainsare invaluable assets” and has e?ectively protected the environment bysigning Green Maintenance Contract with suppliers, greening the factoryarea, posting environmental protection propaganda signs, and provid-ing energy-saving and emission-reduction training, to seek commondevelopment with partners in terms of harmonious coexistence betweenman and nature.Environmental testing and assessmentThe Company has carried out environmental protection monitoring andassessment on soil environment, water environment, three wastes(waste gas, wastewater, and waste residues), raw material, productpackaging materials, etc. in the important links such as procurementand production and signed a Letter of Guarantee for Non-use and Ban-ning of Hazardous Substances with suppliers, to strengthen the environ-mental protection in a chain manner from the upstream to downstream.The Company’s business operations are guided by the principles ofreducing the environmental burden on the Earth and enhancing its envi-ronmental carrying capacity. The Company strictly adheres to nationaland international laws and regulations concerning environmental pro-tection and green, low-carbon development, refuses to use productsthat do not meet global social responsibility standards and strives tominimize the use of products with high environmental impact.The Company has obtained the ISO 14001 environmental
management system certi?cation.
走进亿晶光电可持续发展管理与行动坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录20About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
Appendix
Environmental complianceEnvironmental management policies
Energy-saving productsand process consumption
reduction
Less polluted processand up-to-standard
discharge
Adherence to laws andregulations and performance
improvement
Sticking to the Bottom Line ofSafety to Ensure Stable Operations
In an era when the global energy revolution is led by the goals of “carbon peaking andcarbon neutrality”, to proactively disclose climate-related risks and opportunities in linewith the recommendations of the Task Force on Climate-related Financial Disclosures(TCFD) is not only a necessary choice to response to the transparency requirements ofcapital market but also a proactive commitment by EGING PV to promote ecological gov-ernance of the earth with the power of science and technology.
Responding to Climate Change
EGING PV has established a sound governance structure to ensure the e?ective implementation ofthe climate change-related work. The Board of Directors regularly reviews the Company’s climatechange strategies to ensure that they are aligned with the Company’s overall goals and sustainabil-ity strategies. The management of the Company undertakes the speci?c executive responsibilitiesof climate change-related work, coordinates the work of various functional departments of theCompany in energy conservation, consumption reduction and emission reduction, and ensures therelevant measures are implemented e?ectively. In terms of external communication, the Companyactively keeps the close communication with regulators, industry associations, investors, and otherstakeholders, discloses the Company’s measures and e?ects on climate change in a timely manner,responds to the concerns of all parties, and establishes a good corporate image.
GovernanceStrategies
EGING PV has carried out a comprehensive assessment on the entity risks, transformation risks and opportunitiesbased on its operating locations and climate conditions. For example, in response to extreme climate events suchas ?oods and heat waves, the Company has taken a series of preventive measures, formulated emergencyresponse plans and organized drills regularly. In response to transformation risks, the Company paid close atten-tion to changes in policies and regulations and made timely adjustment on its own development strategy and busi-ness layout. With the increasingly stringent global requirements for carbon emissions, the Company has taken pre-emptive steps to deploy low-carbon technologies and products and increased R&D investment to enhance its envi-ronmental performance and market competitiveness of products. Meanwhile, the Company has also strengthenedcooperation with upstream and downstream enterprises, to jointly promote the green transformation of industrialchains and reduce the uncertainty stemming from transformation risks.
走进亿晶光电可持续发展管理与行动坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录21About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Extreme weather (suchas torrential rains, ?oods,typhoons, etc.) can causedamage to productionfacilities, resulting inproduction reduction orsuspension
Unpleasant change ofclimate can impact thee?ciency and lifespan ofPV modules.
Continue the R&D and optimization ofPV module technology to enhancetemperature adaptability; strengthenmonitoring and maintenance of PVpower stations to adjust operatingparameters in a timely manner;
Water resource shortagecan a?ect water demandin the production process(e.g., the productionprocess in cell workshop).
Optimize the production process andimprove the e?ciency of waterresources utilization; set up rainwatercollection system to realize the recy-cling of water resources; work withlocal governments and water authori-ties to ensure water supply;
Strengthen protection and reinforce-ment of production facilities, formu-late emergency response plans, andconduct exercises regularly; purchaseproperty insurance to reduce the riskof loss;
Short, medium, andlong termsHigh
Medium and longtermsModerate
Medium and longtermsModerate
Risk descriptionResponse measures Impact extentTime rangeTime range
Time range
The PV industry is accelerat-ing transformation towardsmore e?cient and low-car-bon technologies. As a result,the Company’s existing tech-nologies and productioncapacities face the risk ofbecoming obsolete.Policies and regulations haveincreasingly stringent carbonemission requirements for PVcompanies, and the Companymay face the risk of increas-ing compliance costs.
Pay close attention to policy andregulatory developments and adjustproduction and operation strategiesin advance to ensure compliance withcarbon emission standards; activelyexplore the application of carboncapture, utilization, and storage(CCUS) and other technologies toreduce carbon emissions.As consumer preferencesshift towards low-carbonand eco-friendly products,companies that fail to meetthese demands may face therisk of losing market share.
Strengthen market research to under-stand the changing trend of consum-er demands; enhance the R&D andpromotion of green products,improve the environmental protec-tion properties and market competi-tiveness of products.
Continue to increase R&D investment,pay attention to cutting-edge tech-nologies in the industry, and activelydevelop and reserve new technolo-gies; make rational plan for capacityexpansion to avoid over-reliance onexisting technologies and capacities.
Medium and longtermsHigh
Short, medium, andlong termsModerate
Medium and longtermsModerate
Entity risks (some examples)Transformation risks (some examples)
走进亿晶光电可持续发展管理与行动坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录22
Time rangeImpact extentResponse measures Risk description
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
The growth of globaldemand for clean energyhas brought broad marketspace for the PV industry.
Technological innovationpushes up the e?ciency ofPV industry and reduced thecost, and the Company isexpected to gain competi-tive advantages throughtechnological upgrading.
Strengthen the cooperation with scien-ti?c research institutions and universi-ties to carry out joint innovationbetween industries, universities, andresearch; establish internal technologi-cal R&D incentive mechanism to encour-age employees to innovate.Governments around theworld are ramping uptheir support for renew-able energy, providingpolicy guarantee forcorporate development.
Pay close attention to policy develop-ments and strive for policy support;participate in the development of indus-try standards to enhance the Compa-ny’s voice and in?uence in the industry.
Intensify market development e?orts,expand domestic and foreign marketchannels; continue to optimize productperformance and cost and improveproduct market share.
Short, medium, andlong termsHigh
Medium and longtermsModerate
Short, medium, andlong termsModerate
Risk descriptionResponse measures Impact extent Time rangeOpportunities (some examples)
Risk ManagementEGING PV has integrated climate risk management into its risk management
system in an all-round way.Riskidenti?catio stage
Riskassessment stage
Riskresponse stage
Riskmonitoring stage
Through regular risk assessment meetings, industry research and expert consultation,the Company comprehensively identi?ed various types of risks related to climate change,including entity risks and transformation risks, and included them in the Company’s risklist.The Company employed a combination of qualitative and quantitative methods to assessthe identi?ed climate risks and determine the likelihood of their occurrence and theextent of their impact.Based on the results of the risk assessment, the Company made a speci?c response toeach climate risk, such as the response to entity risks and transformation risks asdescribed above, and these responses were integrated with the Company’s overallstrategic planning and business operations to ensure the e?ectiveness and feasibility ofthe risk responses.The Company has established a perfect risk monitoring mechanism. By means of internalaudit, operational data analysis, market trend monitoring, the Company tracked changesin climate risks and the implementation e?ects of response measures in real time andadjust risk response strategies in a timely manner.
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录23About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Such as extreme weather risks, the Company utiliz-es meteorological monitoring data and disasterearly warnings to conduct real-time monitoring. Inthe event of abnormal weather conditions, theCompany immediately activates its emergencyresponse plan. Additionally, the Company conductsa comprehensive assessment of the protectionstatus of production facilities and the e?ectivenessof emergency response plans annually. Based onthe assessment results, the Company makesimprovements and re?nements.
The Company has set a clear frequency for the mon-itoring and assessment of climate-related risks:
For entity risks
Such as technological transformation risks andpolicy and regulation risks, the Company also con-ducts irregular tracking and analysis of changes inindustry dynamics and policies and regulations toadjust its technological R&D and strategic layout ina timely manner. The Company carries out a com-prehensive risk assessment once a year, re-evaluat-ing the impact extent and development trends ofvarious transformation risks to ensure that it canrespond to risk changes in a timely manner.
For transformation risks
Indexes and Objectives
EGING PV actively promotes carbon inventory and carbon footprint accounting anddiscloses the results of Scope 1, 2, and 3 emissions to provide data support for climatechange response e?orts. By optimizing the production process and adopting ener-gy-saving equipment to improve energy e?ciency, the Company e?ectively lowerscarbon emissions in the production process. Moreover, the Company has furtherreduced its dependence on traditional energy by building PV power stations and usingclean energy to generate electricity.
Carbon emission management
According to the veri?cation by a domestic authoritative third-partyorganization, the total GHG emissions of EGING PV’s Changzhou Base,from January 1 to December 31, 2024, was 378,166 tons of CO2 equiva-lent, mainly including direct GHG emissions generated from the produc-tion and manufacturing of the Company’s PV products and relatedmanagement activities, indirect GHG emissions related to energy use,indirect GHG emissions caused by some transportation activities, andindirect GHG emissions resulting from the use of certain products/ser-vices by the organizations. Through GHG veri?cation, the Company canhave a clear picture of its carbon emissions and then formulate targetedemission reduction strategies, such as upgrading or replacing high-emis-sion equipment to reduce direct emission levels.
Organization GHG emissions
Scope and volume of GHG emissions
The Company has obtained ISO 14064organization GHG veri?cation certi?cate.
GHG veri?cation results provide the data base for theCompany to set scienti?c and reasonable emissionreduction targets and are helpful for the Company todisclose the e?ects and e?orts in addressing climatechange to investors, customers, and other stake-holders.
378,166
Total GHG emissions:
t CO
equivalent
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录24About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
Appendix
Scope
Volume
（tCO
equivalent）
Proportion (%)Scope 1Scope 2Scope 3
Total
42，898334，468378，166
0.21
11.34
88.44
Sticking to the Bottom Line ofSafety to Ensure Stable Operations
EGING PV’s emission reduction path coversthe whole process from raw material pro-curement to product delivery.In terms of raw material procurement, theCompany gives priority to selectinglow-carbon and eco-friendly raw materialsuppliers to reduce carbon emissions in thesupply chain. In terms of production andmanufacturing process, the Company con-stantly optimizes the production process,adopts advanced production equipmentand energy-saving technology to reduceenergy consumption and waste discharge.In terms of product design, the Companypays attention to the energy-saving perfor-mance and recyclability of products anddevelops more products that meet greenstandards. In the daily business process, byinstalling rooftop PV power stations anddirect purchase of green electricity, theCompany changes its energy use structureand improves the proportion of green elec-tricity use. In addition, the Company alsopromotes carbon neutrality in an all-roundway by transforming energy-consumingequipment, improving operational e?cien-cy, and cultivating a low-carbon culture.
Carbon neutrality actions
EGING PV has obtained the certi?cate of “Zero CarbonFactory” certi?cation issued by CQC. Zero carbon factoryrefers to that the GHG emissions generated during pro-duction and service within a certain period of time (usu-ally on an annual basis) is calculated by the carbon diox-ide equivalent (CO2 equivalent) within the boundaries ofGHG emission accounting; on the basis of voluntaryemission reduction as much as possible, the remainingemissions are removed by emission reduction projectsoutside the accounting boundary, and/or o?set by acorresponding number of carbon credits.
Zero carbon factory
EGING PV has obtained the product carbon footprintcerti?cate issued by T?V Rheinland. Product carbonfootprint refers to the total carbon emissions of a prod-uct or service throughout its full lifecycle. In each stageof the product lifecycle, the use of a large amount ofenergy and the generation of pollutants and the emis-sion of GHGs are involved. Therefore, the Companyshould examine the impact on the environment at eachstage from a perspective of product full lifecycle, andseize the opportunities for low-carbon emission reduc-tion in product design, production, and supply, etc. T?VRheinland has performed carbon footprint veri?cationon EGING PV’s six crystalline silicon PV module productsfor various stages of the product lifecycle - “from cradleto gate”.
Product carbon footprint
EGING PV has obtained the certi?cate of “ZeroCarbon Factory” certi?cation in PV industry.
EGING PV has obtained the ISO 14067 productcarbon footprint certi?cate.
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录25About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
The Company consciously abides by energy-saving laws,regulations and standard requirements, scienti?callymanages the work of various departments by implement-ing the energy management system within the Companyand strictly following the requirements of the energy man-agement system procedural documents; continuouslyadopts new processes, new technologies, and new equip-ment to improve or replace high-energy-consuming pro-cess equipment; continually improves energy manage-ment to achieve energy conservation and consumptionreduction, and comprehensive utilization of resources;reduces costs and increases bene?ts to jointly creates agreen and low-carbon EGING PV.
In order to establish and continuouslyimprove the Company's energy managementsystem, reduce energy consumption, improveenergy utilization e?ciency, and achievehigh-e?ciency and low-consumption produc-tion, EGING PV has compiled the Energy Man-agement Manual as a programmatic docu-ment for the Company’s energy manage-ment in accordance with ISO50001:2018Energy Management System - Requirementsand Usage Guideline and in combination withthe Company’s actual situations. The Manualdescribes the Company’s requirements forthe energy management system and is appli-cable to energy management activitiesinvolving production, products, and manage-ment processes. It sets forth the Company’senergy policy and goals and is a regulatorydocument for the Company to fully imple-ment the energy management systemrequirements, and a code of conduct thatmust be followed for implementing theenergy management.The Company has formulated complete energy management work procedures.Through the measures such as energy management system certi?cation,zero-carbon factory planning, and energy review and by means of rooftop PVprojects and green electricity green certi?cate procurement, the Company hasactively promoted the new technologies, new processes and new materials, con-stantly optimized the energy consumption structure, reduced energy consump-tion levels, and improved energy utilization e?ciency and economic bene?ts.
Energy Management
Energy management policy
Construction of energy management system
Law complianceand innovation
节能降耗
持续改进
The Company has obtained ISO 50001energy management system certi?cation.
Each production and administrative departments of theCompany should strictly implement the electricity manage-ment system formulated by the Company. It includes turningo? lights when people leave to eliminate unnecessary light-ing; reducing the electrical load of air conditioners, advocat-ing to reduce the use of air conditioning in o?ces by onehour, setting the temperature no lower than 26℃ in summer,and turning o? the air conditioning when no one is in theo?ce. When the air conditioner is in operation, doors andwindows should be kept tightly closed except for necessaryventilation. In areas where fans are used, the phenomenon of“unattended fans” should be eliminated; adopt high-e?cien-cy electric motors, gradually phase out high energy-consum-ing equipment, and promote the use of low energy-consum-ing facilities; actively develop new types of high-e?ciencymodules, enhance production e?ciency, increase yield rates,and reduce energy consumption per unit of product; andconduct operational control and adjustments in accordancewith the standards speci?ed in the Regulations for the PVManufacturing Industry ( 2021 Edition).
Energy management actions
可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录26
Energyconservation
andconsumption
reduction
CleanproductionContinuousimprovement
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protection
to Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixAbout EGING PV
Sticking to the Bottom Line ofSafety to Ensure Stable Operations
走进亿晶光电可持续发展管理与行动坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录27
EGING PV has actively implemented various regulations on water resources management issued by Jiangsu Provincial Department ofWater Resources and listed the water conservation as a key task under the vigorous support and guidance at the provincial, munici-pal and district levels; and reduce the consumption of water resources by strengthening management, taking water-saving mea-sures, and implementing water-saving renovation.
In terms of daily management, EGING PV has formulated a raft of management rules andregulations on energy and water conservation, which clearly stipulate the management,maintenance and inspection of water supply facilities, equipment, and instruments. Inaddition, it has developed the water-saving publicity and mobilization activities as well astraining sessions for many times to publicize water-saving knowledge and water-savingtips to employees, conducted water-saving questionnaires to know the employees’ aware-ness of water-saving, and continuously improved the e?ectiveness of water-saving e?orts.Moreover, the Company has won the title of “Water-saving Enterprise in Jiangsu Province”.The Company continuously optimized the production process and actively promote therecycling of water resources to reduce the industrial water consumption; made monthlysummary statistics of water consumption in each workshop and conducted operationalcontrols and adjustments according to the standards speci?ed in the Regulations for thePV Manufacturing Industry; actively promoted automatic water-saving equipment andappliances in terms of water-consuming equipment for production and daily use, andstrengthened equipment inspection and maintenance to prevent the phenomena ofescaping, spilling, dripping and leaking; tried to use recycled wastewater to ?ush toiletsand wash ?oors, water ?ower beds and other facilities in the premise of meeting environ-mental protection standards.In the future, by upholding the concept of “Saving Water and Scienti?c Use of Water”,EGING PV will continuously optimize the management of water conservation e?orts, tapthe potential for water saving, and formulate feasible water-saving measures and plans, to?rmly follow the path of green and low-carbon development and achieve a win-win situa-tion for corporate economic e?ciency and social bene?ts.
Water Resources Management
Water-saving management action
Case“Wastewater Recycling” water-saving project
EGING PV built a recycling water tank to recycle the concentrated water generated in the pure water production process. Therecycled water would be used for toilets and the cooling tower, realizing the recycling of water resources and improving theutilization rate of water resources of the Company. By implementing this water-saving project, the Company expects to saveapproximately 600 tons of water per day, with an annual water savings of about 210,000 tons. In addition, the Company hasbuilt a rainwater collection tank with a design volume of 100 cubic meters and planned to use the collected rainwater for green-ing irrigation.
Concentrated water collection tankConcentrated water collection tank
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
EGING PV’ work on emissions and waste management:
Waste Discharge Management
Wastewater managementWastewater mainly includes production wastewaterand domestic sewage.To e?ectively monitor the wastewater discharge, theCompany has installed water quality monitoringequipment at each wastewater generation point andthe main discharge outlet to continuously monitor keyindicators such as the ?ow rate, pH value, chemicaloxygen demand (COD), ammonia nitrogen, and ?uo-ride levels of the wastewater. Additionally, the Compa-ny regularly entrusted the third-party professional test-ing institutions to conduct comprehensive inspectionsto ensure the accuracy and reliability of the data.The wastewater after treatment is discharged into theSecond Wastewater Treatment Plant in Jintan Districtor the Wastewater Treatment Plant in the Develop-ment Zone of Quanjiao County.
Waste gas management
Waste gas mainly includes low-concentrationparticulate matters, non-methane hydrocar-bons, volatile organic compounds, and so on.The Company uses an online monitoring systemto monitor the concentration and emission rateof pollutants in waste gas, including particulatematters, sulfur dioxides, nitrogen oxides, ?uo-rides, and volatile organic compounds (such asnon-methane hydrocarbons) in real time for 24hours. In addition, the Company has carries outregular manual monitoring to ensure the integri-ty of the monitoring data.After being treated through the alkaline liquidspray absorption tower/?lters/ activated carbonadsorption devices, the waste gas is dischargedinto the atmosphere via a tall exhaust stack.
Solid waste management
General industrial solid wastes include slud-ges, waste air conditioning ?lter cottons,silane dusts, non-woven press ?lter cloths,as well as domestic wastes.The Company conducts statistics and moni-toring on the generation and disposal ofsolid wastes to ensure its proper disposal.The Company has entrusted the quali?edenvironmental protection companies, suchas Changzhou Ranton Environmental Protec-tion Technology Co., Ltd. and YangzhouChenxuan Environmental Protection Co.,Ltd., to dispose the general industrial solidwastes, and entrusted local sanitationservice companies to dispose the domesticwastes.
Noise management
Noises mainly come from the operation ofproduction equipment.The Company regularly monitors the noiselevels at the factory boundary. For example,from May to June 2024, the Companyentrusted Zhongke ASM (Jiangsu) Inspectionand Testing Co., Ltd. to conduct noise test-ing. The test results showed that the daytimenoise level at the eastern boundary of thefactory was around 51 dB(A), while the night-time noise level was around 46 dB(A).Through measures such as equipment main-tenance, layout optimization, and soundinsulation, the Company has ensured thatnoise emissions at the factory boundary metthe required standards.
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录28About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录29走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Embracing TechnologicalInnovation to Lead thePath to the Future?R&D Innovation?Green Products and Solutions?Intellectual Property Protection
Over the years, EGING PV has been on the list of “Global Tier 1 PV Manufacturers” by BNEF,a global authoritative rating agency, and also one of the “Top Runners” PV base suppliersin China. EGING PV has the “International Science and Technology Cooperation Base”authorized by the International Science and Technology Cooperation Department of theMinistry of Science and Technology, the postdoctoral research workstation, Jiangsu(EGING) PV Engineering Research Institute, Jiangsu Solar Energy Materials EngineeringResearch Center, Jiangsu Enterprise Technology Center, and other scienti?c research anddevelopment platforms.
In recent years, EGING PV has continued to increase capital and expand production, of which the production line is highly com-patible with the latest technology of M10/G12. Its 5G intelligent manufacturing project of e?cient modules has been put intooperation and is compatible with the latest technology of TOPCon and HJT. Series module products have passed VDE, T?V, CE,MCS, CEC, UL, INMETRO, CQC and other international authoritative certi?cation. With high-quality products and hassle-freeafter-sales services, EGING PV has won widespread recognition and praises from users around the world.
The cell production workshop: adopt MES+AGV intelligent management model toachieve the digital and automated operation, and collaboratively develop theadvanced process TOPCon mass-production technology.
The module production workshop: adopt intelligent production line and automat-ic optical inspection and judgment equipment (based on AI technology) to detectthe defects of module products visually and replace the traditional manual detec-tion, enhancing the test e?ciency and improving product yield. Intelligent produc-tion line equipment has adopted precise positioning welding solutions andachieved millimeter-level precision positioning required for MBB module produc-tion.
Forerunner in photovoltaic technology
Cutting-edge manufacturing technology
R&D Innovation
TIER1
Ranking of World’s PVManufacturers
固守安全底线 保障平稳经营坚持以人为本 共建和谐社会走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障附录30About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
EGING PV has been awarded the Green ProductCerti?cation Certi?cate by CQC. Green productsrefer to high-quality products that meet the envi-ronmental protection requirements in the wholelife cycle, do no harm or little harm to the ecologi-cal environment and human health, and consumeless resources and energy.
Green product certi?cation
The Company has been awarded the GreenBuilding Materials Product Certi?cation Cer-ti?cate by CQC. Green building materials,also known as ecological building materialsand eco-friendly building materials, refer tonon-toxic, non-hazardous, non-radioactivebuilding materials conducive to environmen-tal protection and human health. The pro-duction of green building materials usingclean technology could reduce the con-sumption of natural resources and energyand consume a lot of industrial or urbansolid wastes.These certi?cates including EPD, “Green Product” and “Green BuildingMaterials” certi?cates serve as a testament to the high reliability, lowattenuation, and low energy consumption of its products. Lookingforward, the Company will continue to actively carry out green buildingprojects and contribute to the achievement of the goals of carbon peak-ing and carbon neutrality.
Green building materials certi?cation
Scrapped PV panels generated at the end of thelife of PV products contain heavy metals such aslead and tin. If they are not disposed of properly,serious environmental pollution problems maybe produced. Other materials such as copper,silver, silicon can be reused in the production ofPV products, thereby saving rare resources, andpromoting the economic value circulation. TheCompany has signed an agreement with theEuropean PV Cycle Agency. PV modules at theend of the product life will be professionally han-dled by hundreds of branches in Europe to pro-vide customers with comprehensive collectionand recycling services. The agreement coverscountries including Italy, France, Germany, andthe United Kingdom, Poland, and Spain, etc. Inthe future, the Company will continue to expandthe service scope to achieve resource recyclingdevelopment.Established in July 2007 and headquartered inBrussels, Belgium, PV Cycle is an association ded-icated to the recycling and reuse of the scrappedPV products in Europe. Since its inception, theassociation has grown rapidly and garnered sup-port and attention of numerous PV industrygiants both at home and abroad, with a PVmarket share of more than 85% in Europe now.
Product impact and life cycle
The Company has been awarded UL EPD certi?ca-tion for P-type and N-type modules and has mutualrecognition with the Italian EPD. EPD is a life cycleassessment (LCA) of a product, covering the full lifecycle from material extraction, production, trans-portation, consumption, to ?nal disposal, and isvalidated by UL Solutions according to the interna-tional ISO 14025 standard. EPD provides buyerswith information on the environmental impact ofproducts, such as global warming potential, smokegeneration, ozone depletion, and water pollution.After obtaining the UL EPD certi?cate, the Compa-ny’s products are simultaneously registered andpublished on the Italian EPD platform.
Green product declaration (EPD) certi?cationGreen Products and Solutions
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录31About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Green product design
CaseRectangular module product Pro+ series
N-type TOPCon technology has won market recognition for its “Four Highs and Four Lows”strengths, namely, high power, high e?ciency, high bifacial ratio, and high power genera-tion, low attenuation, low temperature coe?cient, BOS (Balance of System), and low LCOE(Levelized Cost of Electricity). EGING PV’s Pro+ series, built on the Pro products that utilizeTOPCon technology, has further integrated rectangular cell technology, which furtherimproves its module power and conversion e?ciency. Meanwhile, the rectangular cells canmaximize the utilization of container space and e?ectively reduce transportation costs. Atthe power station system end, it can further reduce BOS costs, thereby enhancing customervalue. Therefore, the Star Pro+ series modules using this technology not only have higherproduct reliability but also o?er better commercial value.
Here is a photo of the rectangular cells of EGING PV
Green product application
CaseSuccessful grid connection of Chuzhou EGING rooftop PV power station project
In May 2024, the 19.8MW rooftop power station project of Chuzhou Eging Photovoltaic Technology Co., Ltd. (herein-after referred to as “Chuzhou EGING”) was successfully connected to the grid. The PV power station project is locat-ed on the roof of the factory workshop, covering a total installation area of about 100,000 square meters, which isan ultra-large-scale power station project among the industrial and commercial rooftop PV power stations at pres-ent. The modules used in the project are all 450W PV modules produced by Changzhou Eging Photovoltaic Technol-ogy Co., Ltd. (hereinafter referred to as “Changzhou EGING”). The products are speci?cally designed for new-typeroofs and use more than 44,000 modules, and the total investment in the project is RMB 64 million.
Here is a photo of the 19.8MW BIPV project at Chuzhou EGING Base
After the project is connected to the grid, it is expected that the aver-age annual power generation will reach 21.067 million kWh, and it willsave 8,426 tons of standard coal, reduce carbon dioxide emissions by21,004 tons and sulfur dioxide emissions by 202 tons.
21.067
Average annualpower generation
million kWh
21,004Reducing carbondioxide emissions
tons
Reducing sulfurdioxide emissions
tons SO
CO
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录32About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Since its establishment, EGING PV has attached great importance to intellectual property management, contributing to a high-quality development patternof intellectual property from the formulation of intellectual property strategy to the promotion and implementation of the strategy. At the same time, theintellectual property strategy works together with the Company's business strategy and R&D strategy to bene?t each other, and plays a big role in support-ing the Company's business development. In the future, EGING PV will continue to strengthen its intellectual property management, comprehensivelyenhance its comprehensive competitive strength in intellectual property, and build itself into an innovative enterprise with strong intellectual propertyawareness, rich innovative vitality, and signi?cant transformation results.Intellectual property milestones of EGING PV:
Intellectual Property Protection
In 2013, EGING PV passed the imple-menting standards of the intellectualproperty management system;
In 2014, EGING PV became anadvanced demonstration unit ofenterprise intellectual propertymanagement standardization inJiangsu Province, and o?ciallyestablished the intellectual propertymanagement standardizationsystem;
In 2016, EGING PV jointed handswith Hohai University to establishthe “High-e?ciency CrystallineSilicon Cell and System High-valuePatent Cultivation DemonstrationCenter”;
201320152014-2023
In 2015, EGING PV undertook the JiangsuProvince enterprise intellectual propertystrategy promotion plan;
From 2014 to 2023, EGING PV was consecutivelyawarded “Jiangsu Province Key Cultivation andDevelopment of International Famous Brand”;
20142016
The Company wasrated as one of the“national intellectual
property advantageEnterprises”.
2023
In 2024, EGING PV had an accumulative numberof 26 authorized patents, including 5 inventionpatents and 21 utility model patents. By the endof 2024, the Company has had 375 valid patents,including 149 invention patents, 223 utilitymodel patents, and 3 appearance patents. More-over, the Company obtained one software copy-right registration certi?cate in 2024. Over theyears, the project products independently devel-oped by EGING PV have won some honors suchas the national-level key new products, theNational Torch Plan industrialization demonstra-tion project, and the provincial-level major tech-nological result commercialization project.
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录33About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录34About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Deepening Value Creationto Embody Responsibilityand Commitment?Product Quality and Safety?Customer Services?Supply Chain Management?Digital Construction
Product Quality and Safety
Quality management policy
EGING PV has established and is operating under the standardsof ISO 9001:2015 Quality Management System. This systemcovers the whole process from raw material procurement toproduct delivery to ensure the systematic and standardizednatures of quality management. The Company strictly adheresto relevant standards and integrates quality requirements intoevery production stage. By controlling product quality at thesource, the Company provides customers with reliable andstable products and services.
Quality management system construction
The Company has obtained the ISO 9001Quality Management System Certi?cation.
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录35About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Embracing Technological Innovationto Lead the Path to the Future
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Customer satisfactionand pursuit of excellence
Law compliance andhazard prevention
Attention of leaders andall sta? participation
Comprehensive qualitymanagement and con-tinuous improvement
Quality culture ConstructionThe Company places high importance on the construction of quality culture and creates an atmosphere where everyone values quality by variousmeans. On the one hand, the Company organizes all sta? to learn the ISO 9001 quality management system standard to enhance their understand-ing of the operational procedures, standards, and methods of the quality management system and to improve their awareness of quality. On theother hand, the Company integrates the concept of quality into its corporate values and advocates that “Quality is the life of the enterprise” toenable every employee to recognize the importance of quality in their thinking and to consciously comply with quality requirements in their work.
CaseThe First QC Achievements Release and Review Meeting of EGING PVSeptember was the “National Quality Month”. By adhering to the philosophy of “Enhancing Quality Awareness and Promoting High-quali-ty Development”, EGING PV responded to the national call and held its ?rst QC achievement release and review meeting. The event aimedto comprehensively improve its R&D and quality and upgrade the capabilities of related process control personnel in identifying, analyz-ing, and improving issues, thereby promoting all sta? to engage in the all-round improvements to achieve the goal of excellent quality.
Laboratory constructionEstablished on May 1, 2007, EGING PV module testing laboratory mainlytests raw materials of modules and module products, providing reliablequality assurance for the Company’s products. With more than 100 sets oftesting equipment and instruments, the laboratory can conduct profes-sional tests of module raw materials and PV module products, embracingthe testing capability of 20 large tests and 96 small tests. In October 2011,the module testing laboratory was awarded the National LaboratoryAccreditation Certi?cate by China National Accreditation Service forConformity Assessment (CNAS), marking that the laboratory is entirely inline with ISO/ IEC17025 and CNAS-CL01 standards and requirements. Inaddition, it’s also the TDAP laboratory of the international photovoltaiccerti?cation body VDE.
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录36About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Embracing Technological Innovationto Lead the Path to the Future
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
CaseEGING PV passed seismic certi?cation for modulesIn June 2024, EGING PV partnered with Blockchain Testing (Zhejiang) Co., Ltd. to conduct seismic testing and certi?cation forits PV modules. EGING PV’s Star Pro+ series (2382113430) successfully passed the seismic intensity test at a magnitude of 9 onthe Richter scale, earning the seismic certi?cation for PV modules. This achievement demonstrates that EGING PV’s modulesare capable of withstanding rigorous seismic conditions, o?ering high stability and reliability, and delivering stable perfor-mance and greater value to customers.
Product safety and reliability managementThe PV Institute has complete management systems and managementdocuments for laboratory reliability tests, such as the Laboratory Test ProcessManagement System and the Public Financial Management and MaintenanceSystem of PV Institute. In terms of product reliability, the institute conductsproduct tests in strict accordance with the requirements of IEC61215 andIEC61730, ensuring that the EGING PV’s products meet the reliability require-ments of the International Electrotechnical Commission (IEC).In the process of R&D and mass production, DFMEA\PFMEA tool may be usedfor experimental design and mass production risk prediction, which cane?ectively reduce and prevent risks. In addition, the R&D project processfollows the IEC62941 standards for better project management.
Adhering to the philosophy of “technological innovation and reliable product quality,” EGING PV conducts rigorous performance testson all products before market launch, ensuring consistent product reliability. By staying at the forefront of technology, the Company hasalso earned the trust of customers in product quality, establishing a solid foundation for sustainable growth.
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录37About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Embracing Technological Innovationto Lead the Path to the Future
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Product traceability managementDigital traceability system is a product trace-ability management system based on digitaltechnology, also known as digital source trac-ing system, which is used to track andmanage all aspects of the product productionprocess. Through the collection, recordingand analysis of production-related data, thesystem can realize the overall monitoring ofraw materials, production process, productafter-sales and other links, as well as producttracking and backtracking.
It’s to identify and record raw materials beforethey are put into production. Bar codes, RFIDand other technical means can be used torecord the batch information of raw materials,production time, suppliers and other key infor-mation.
Raw materials and OEM traceability
Production traceabilityERP establishes production plans and instructions, de?nes the productionprocess and ?ow of products. Through the digital system, it issues produc-tion instructions to the MES system, ensuring the standardization and nor-malization of the production process.
Production plan
MES can record box code information, including outgoing product information,and outgoing product type and grade. It also records outgoing information foreach shift in real time. The data means a great deal for product traceability andcan help determine the source and ?ow direction of products.
Product packing and warehousing
MES conducts real-time monitoring of each stage of the production process. It collects and uploads the data to the database, and records and tracks the informa-tion of each link of products, to achieve the whole-process monitoring and traceability of product quality. In addition, it also makes the digital processing of the datato enhance management e?ciency and accuracy.
Digital traceability and monitoring
Monitor the status and operation situation,failure information and maintenance & repairrecords of production equipment to detectequipment failures and repair them in a timelymanner, ensuring the normal operation ofequipment.
Equipment monitoring
Monitor the completion situation ofproduction schedule and productionplan, adjust the production plan intime, and ensure that the productiontasks are completed on time.
Production data monitoring
Monitor product quality and all quality indica-tors in the production process, detect qualityproblems in time and take measures to ensurethat product quality meets the standards.
Quality monitoring
Monitor production process parameters andthe changes in production environment, andadjust the process parameters and productionenvironment in time, to ensure the stabilityand reliability of production process.
Process monitoring
Through the overall monitoring and datacollection of the production process, ensurethe integrity of the life cycle managementinformation. The production traceability andabnormality investigation can help to quicklylocate the reasons for the anomaly, thusenhancing the production e?ciency and prod-uct quality and reducing production costs.
Monitor energy consumption in the pro-duction process, identify energy-savingpotential in time and take measures tocut production costs.
Energy consumption
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录38About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Embracing Technological Innovationto Lead the Path to the Future
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
After years of on-site e?orts, EGING PV has establisheda sound after-sales service mechanism and process.Even in the highly competitive PV market, EGING PVstill stands at an advantage in after-sales services,which is especially demonstrated in the enthusiasmand timeliness of handling problems.In 2024, the total business trips of after-sales servicepersonnel were up to 3,744 working days, with thenumber of service sites exceeding 105.
After-sales serviceAfter-sales service
Customer Services
The Company has passed the GB/T27922-2011 after-sale service certi?cation.
24-hour response speed7*24*365 seamless after-sale servicesThe project commissioning technical support teamProvide on-site technical support for up to 265 days per yearActive return visitsConduct regular quality visits to ensure safety and quality
Three mainadvantages ofafter-salesservices
After receiving complaints or problemreport from customers, record relevantinformation, including product model,purchase time and problem descriptions.Based on the products’ unique identi?-cation code or batch information, tracethe production data of such products todetermine possible links related to prob-lems. In view of the possible problems,make an in-depth analysis, sum up theexperience and lessons according to theevaluation results, and continuouslyimprove product design, production pro-cess and after-sales services, so as toenhance product quality.
After-sales traceabilityinspection
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录39About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Embracing Technological Innovationto Lead the Path to the Future
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
EGING PV implements the full life-cycle management of suppliers,and has developed a set of scienti?c and e?ective managementmethods from supplier access, supplier evaluation and supplierappraisal to supplier withdrawal. In addition, EGING PV has requiredsuppliers to sign the Guarantee Letter for the Non-Use and Prohibi-tion of Hazardous Substances, Anti-Bribery Commitment Letter,Social Responsibility Commitment Letter and Trade Security NoticeLetter and other normative documents, enabling the Company totighten the supervision in raw materials procurement.
The Company has required its suppliers to sign a Statement of Commit-ment for Non-use of Con?ict Minerals, which includes:
Supply Chain Management
Sustainable procurement management
Avoid con?ict minerals
The Company conducts social responsibility training for newly-intro-duced suppliers, requires suppliers to make social responsibilitycommitments, promotes suppliers to truthfully perform their respon-sibilities in terms of environment, labor, human rights, and businessethics, and continuously improves the duty performance e?ciency.EGING PV gives priority to the suppliers with better social responsibil-ity performance. In 2024, EGING PV conducted a social responsibilityassessment for quali?ed suppliers, and the proportion of the suppli-ers passing the performance assessment reached 100% during theReporting Period.
Supplier social responsibility assessment
The metals used or contained in all products ormodules delivered by the Company are not “con-?ict minerals” from the Democratic Republic of theCongo (DRC) and its neighboring countries and anyareas controlled by armed forces in such countries;The Company will intensify the management ofsuppliers, formulate relevant management systemsand regulations to e?ectively identify and trace thesource of raw materials, ensure the legitimacy ofraw material sources and prevent the use of con?ictminerals, and will agree to accept the audit of thesource of raw metals by stakeholders;The Company will truthfully ?ll in and reply to thequestionnaire and provide other information about“con?ict minerals” as required, make a promise onthe authenticity, accuracy and completeness of thereplies and the data provided.100%Proportion of supplierspassing assessment
CaseAwarded as a national-level “green supplychain management enterprise”In December 2024, EGING PV was listed among the “GreenSupply Chain Management Enterprises” released by theMinistry of Industry and Information Technology. This marksanother national-level green manufacturing honor for EGINGPV, subsequent to its designation as one of the ?rst “NationalGreen Factories” in 2017. The honor highlights EGING PV’sexcellent performance in six key areas, namely green supplychain management strategy, green supplier managementimplementation, green production, green recycling, greeninformation platform development and green informationdisclosure.EGING PV has achieved remarkable results in building greensupply chains. In raw materials procurement, the Companyhas prioritized suppliers with environmental certi?cations toensure sustainable sourcing. In manufacturing, EGING PVhas adopted a lean production model to optimize theproduction process, minimizing resource waste and environ-mental impacts in production. Furthermore, the Company isactive in ecological design, so that its high-performanceproducts are easier to recycle and reuse. In sales andlogistics, EGING PV has re?ned its logistics and distributionschemes to reduce carbon emissions during transportation.
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录40About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Embracing Technological Innovationto Lead the Path to the Future
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
For EGING PV, digital and intelligent transformation is the only path to development.As early as in 2016, EGING PV attempted to launch the ERP systems in some of itsmodules. After 2021, EGING PV’s annual performance growth continued to double,and the Company has entered a stage of rapid development. In 2022, with a view tomeeting the needs of e?cient management and operation in the context of the rapidgrowth, the Company’s Information Department formally proposed the integratedmanagement strategy of MES+ERP, and strived to build the isolated system into anintegrated platform and to raise the overall informatization and intelligence level toa new height.
Digital Construction
Large Data Screen of EGING PV
After one-year e?orts, EGING PV completed the acceptance of the intelligent manufacturing integrated system project, andrealized the docking of the three workshops and the three sets of MES systems. In addition, through innovation, EGING PV hasachieved double cost accounting, including each piece (module) cost accounting and per watt (power) cost accounting, whichsupports order cost, quotation cost and other multi-dimensional and multi-level analysis, control and warning. EGING PV’sinformation technology has updated from ERP1.0 to ERP2.0. The project team arranged and standardized more than 20 businessprocesses in the implementation course: such as R & D work order control, OEM business buyback, quality inspection, and workorder settlement within the same month. In result, modularized design has been applied to businesses lacking de?ned process-es or clear responsibilities through the implementation so as to achieve the precision and transparency of business data, helpingEGING PV’s informatization construction to step into a new level.With the help of digital and intelligent system tools, EGING PV has better carried out the innovative concept in the technicalreform of the workshop and the operational management of the Company, and realized cost reduction and e?ciency improve-ment. In the future, the Company will continue to deepen and re?ne the digital and intelligent reform, laying a solid foundationfor greater and further development and becoming a new benchmarking enterprise in digitalization and intelligence.
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录41About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Embracing Technological Innovationto Lead the Path to the Future
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
CaseEGING PV won the honor of an Intelligent Manufacturing Factory of Jiangsu Province in 2024
In June 2024, Jiangsu Provincial Department of Industry and Information Technology released the List of Certi?ed IntelligentManufacturing Factories of Jiangsu Province in 2024, and EGING PV was on the list as an “intelligent factory of PV cell mod-ules”, marking that EGING PV ranks among the best in the industry of intelligent PV manufacturing.
Relying on the industrial Internet platform, EGING PV comprehensively appliedcollection and analysis technologies, and integrated information technologymanagement and control systems in all production and operation links, achiev-ing real-time, accurate and e?ective collection, transmission and storage of dataof raw materials, technical process, production process, equipment and energyinformation. By means of big data technology, the Company explored deep pro-duction knowledge, optimal operating conditions and optimum control systems,gradually made key production and operation links more intelligent, and created24 scenarios in 10 links, namely planning and dispatching, production operation,warehousing and logistics, equipment management, quality control, safety con-trol, energy control, factory construction, product design and after-sales service,achieving in-depth optimization at all levels of production and manufacturingsystems and excellent management throughout production and operation pro-cesses, and building high-end intelligent manufacturing demonstration factories.
EGING PV Intelligent Manufacturing Demonstration Workshop
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录42About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Embracing Technological Innovationto Lead the Path to the Future
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Intelligent workshop function display (part):
The workshop’s intelligent equipment achieves the networking rateof more than 90%, and the MES system is applied to fully monitor theequipment with data acquisition capability and achieve real-timemonitoring and online management of equipment, comprehensivelyenhancing the use e?ciency of equipment.
Comprehensive application ofintelligent equipment
The WMS system can help to realize the visual management of ware-housing. The workshop uses AGV and other automation equipmentand information technology to achieve the intelligent distribution anddelivery of production materials. The AGV scheduling system can planroutes and distribute materials in time based on MES material needs.The use of information technology and bar code technology can helpmake the entire logistics process e?cient, controllable and traceable.
Accurate delivery of produc-tion materials
The production plan is made through the ERP system, and the corre-sponding production orders and monthly production plan are sent tothe MES system. The MES system reasonably allocates the productionorders according to the number of work orders and in consideration ofthe personnel, equipment capacity, the quantity of materials in stock,and others.
Real-time control of produc-tion process
The energy consumption data collected by MES inreal time is saved and summarized to generate astatement for display, which is convenient for rele-vant management personnel to make the trend anal-ysis and comparative analysis of energy consumptionindicators.
Comprehensive application ofintelligent equipment
The monitoring device is installed to collect tempera-ture and humidity data and then upload the data tothe environmental monitoring system.Accurate delivery of produc-tion materials
The MES system establishes a uni?ed coding systemto ensure the uniqueness of the identi?cation of eachproduction link, and can accurately trace the sourceand destination of any link in the production process.
Real-time control ofproduction process
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Embracing Technological Innovationto Lead the Path to the Future
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
Appendix
As of 2024, EGING PV won number of intelligent and digital technology andother relevant honors, such as the “National 5G Factory”, the “IntelligentPV Pilot Demonstration Enterprise of the Ministry of Industry and Informa-tion Technology”, the “AA-Level Enterprise of Information Technology andIndustrialization Integration”, the “Intelligent Manufacturing Factory inJiangsu Province”, “The Intelligent Manufacturing DemonstrationWorkshop in Jiangsu Province” and “The Five-Star Cloud Enterprise inJiangsu Province”. In the future, EGING PV will continue to promote thelevel of intelligent PV manufacturing, and release more innovative productsand technologies.
Sticking to the Bottom Line ofSafety to Ensure Stable Operations
Strengthen ComplianceOperations to Build aSolid Risk Barrier
?Corporate Governance System?Internal Control Construction?Internal Audit?Business Ethics?Information Security
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录44About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
EGING PV has continuously improved the corporate governance structure, strengthened and implementedthe internal control system, standardizes operations, and further regulated behavior in accordance with theCompany Law, the Guidelines on the Governance for Listed Companies, the Basic Norms for the Internal Con-trol of Enterprises and other laws and regulations, as well as the latest requirements of the China SecuritiesRegulatory Commission and the Shanghai Stock Exchange on corporate governance. The Company hasstrengthened communication with investors, fully safeguard the interests of investors and stakeholders, andkeep improving corporate governance.
Corporate Governance System
Governance Structure
Board ofDirectorsBoard ofSupervisors
The Company has strictly regulated the convening, holding, and voting procedures of the generalmeeting of shareholders in accordance with the Articles of Association and the Rules of Procedurefor the General Meeting of Shareholders. The equal status of and full exercise of rights by all share-holders, especially the small and medium-sized shareholders, have been guaranteed in accor-dance with law, without any circumstances which are detrimental to the interests of small andmedium-sized shareholders.
General Meeting of Shareholders
The Company elected and appointed directors in strict accordance with the Company Law, theArticles of Association and other regulations, and the selection and appointment procedures wereopen, fair, and just. The Company’s Board of Directors consists of 9 directors, with a reasonableprofessional structure and rich experience in the industry. All the directors have maintained anattitude of objectivity and rigor, diligence, seriousness and responsibility, and continuous learningin performing their duties, and put forward their own suggestions in a prudent and reasonablemanner to ensure the e?cient development of the Company. The Board of Directors has set up theStrategic Development and ESG, Audit, Nomination, Remuneration and Evaluation Committees,each of which has abode by the relevant rules of procedure and performed its duties conscien-tiously, playing an important role in regulating and assisting the Board of Directors in the deci-sion-making process.
Board of Directors
The Company elected supervisors in strict accordance with the Company Law, the Articles ofAssociation, and other relevant regulations. The Company’s Board of Supervisors consists ofthree supervisors, and the number of members and composition of the Board of Supervisorsfollow laws and regulations. During the Reporting Period, the members of the Company’s Boardof Supervisors have diligently performed their duties, carried out compliance supervision overthe Company’s major issues, ?nancial position, and performance of duties by directors andsenior management, etc., and exercised other authorities stipulated in the Articles of Associationand Rules of Procedure for the Board of Supervisors of the Company, so as to e?ectively safeguardthe legitimate rights and interests of the Company and shareholders and to enhance governanceand standardized operation.
Board of Supervisors
General Meetingof Shareholders
Strategy Development
and ESG CommitteeNomination CommitteeRemuneration andEvaluation Committee
Audit Committee
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Embracing Technological Innovationto Lead the Path to the Future
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
In 2024, the Company held a total of 4 general meet-ings of shareholders, reviewed and approved 20resolutions; the matters to be deliberated includedelection for the Board of Directors, reappointmentof ?nancial and internal control audit institutions. Itheld a total of 7 meetings of Board of Directors,reviewed and approved 44 resolutions, and the mat-ters to be deliberated included transactions offoreign exchange derivatives, stock options andrestricted stock incentive plans. In addition, it held 7meetings of Board of Supervisors, reviewed andapproved 23 resolutions, and the matters to bedeliberated included the work report of the Board ofSupervisors and the revision for the rules of proce-dure of the Board of Supervisors.
The Company gives full consideration to the age, gender, professional back-ground, industry experience and other factors of board members to ensurethe optimization and diversity of the composition of the board of directors.As of December 31, 2024, the Company has a total of 9 directors, including 3independent directors and 6 non-independent directors. Among the boardmembers, there are 2 female directors and 7 male directors. According to theage distribution, there are 5 directors aged 30-50 years, 2 directors aged50-60 years, 2 directors aged above 60 years; according to the distribution ofeducation background, there are 3 directors with bachelor’s degrees, 4 direc-tors with master’s degrees, and 2 directors with a doctoral degree. Theincumbent board members have professional abilities in industry, ?nance,law, management, etc., and have rich industry experiences.
Holding of General Meeting ofShareholders, Meeting of Board ofDirectors and Meeting of Board ofSupervisors
Construction of Board of Directors
General meetings ofshareholders
Reviewed andapproved
resolutions
Meetings of Board ofDirectors
Reviewed andapproved
resolutions
Meetings of Board ofSupervisors
Reviewed andapproved
resolutions
The Company has formulated the Regulations on Investor Relations Management to standardize the rela-tions management of investors (including potential investors), strengthen information communicationbetween the Company and investors, and e?ectively protect the legitimate rights and interests of investors,especially public investors. The Company has emphasized communication with investors, timely explainedits own operation and future plans to investors, respected investors’ ideas and suggestions, and maintaineda good relationship with investors and fully safeguarded the legitimate rights and interests of investors. TheCompany has attached great attention to the harmonious development with the society, suppliers, custom-ers, employees and stakeholders, and has e?ectively ful?lled its social responsibilities and obligations.In 2024, the Company answered 65 questions from investors, with a reply rate of 100%.
Investor relations
Directors aged 30-50 yearsDirectors aged 50-60 yearsDirector aged above 60 years
5 directors2 directors2 directors
2 directorsDirectors with a bachelor degree
Directors with a master degreeDirector with a doctoral degree
3 directors
4 directors
Male directors7 directors
2 directorsFemale directors
A total ofdirectors3 directors
6 directors
Independent directorsNon-independent director
The Companyanswered65 questionsfrom investors,with a reply rate of100%
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Embracing Technological Innovationto Lead the Path to the Future
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
The Company has formulated internal system documents such as the InformationDisclosure Management Policy, Responsibility System for Major Errors in AnnualReport Information Disclosure, Regulations on Administration of Information Disclo-sure Suspension and Exemption Business, to de?ne the responsibilities of informa-tion disclosure obligors and standardize information disclosure procedures andcontent. In accordance with the requirements of relevant laws and regulations, theCompany ensures that the disclosed information is true, accurate, complete, con-cise, clear, and easy to understand, without false records, misleading statements ormajor omissions.In 2024, the Company disclosed a total of 143 documents relating to corporate gov-ernance, periodic reports and ?nancial data, independent directors’ performance,standardized operations, equity incentives, external guarantees, abnormal stock?uctuations and major shareholders.
Compliance information disclosure
In accordance with the Measures for the Administration of Independent Directors ofListed Companies, the Company has revised the Rules of Work of IndependentDirectors and Annual Report Working System of Independent Directors, standard-ized and regulated the circumstances under which independent directors expresstheir opinions, ensuring that they can fully exercise their duties by issuing writtenopinions and conducting prior reviews to provide professional advice and sugges-tions to the Board of Directors.
Protection of shareholders’ rights and interests
143A total of
documents regarding major eventsdisclosed by the Company
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录47About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Embracing Technological Innovationto Lead the Path to the Future
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Internal Control Construction
It includes the overall plan forinternal control construction,the speci?c plan and imple-mentation status of establish-ing and improving the internalcontrol system, the establish-ment and implementation ofthe internal control, audit andsupervision department, etc.
The Company has established acomprehensive risk manage-ment leadership group andworking group to identify, ana-lyze and evaluate the risks itfaces based on changes in theCompany’s internal and externalenvironments, and evaluate theoverall major risks.
Activity control includes incom-patible duty segregation control,authorization approval control,accounting system control, prop-erty protection control, budgetcontrol, operational analysiscontrol, performance evaluationcontrol, major risk early warningand emergency response mecha-nisms, etc.
It includes external informationdisclosure and internal informa-tion disclosure, etc. The Compa-ny has formulated the EGING PVInformation Disclosure Manage-ment System, and the informa-tion disclosure matters areunder the uni?ed leadership andmanagement of the board ofdirectors.
The Company’s managementconducts regular evaluation onthe e?ectiveness of internal con-trols. The Company’s audit com-mittee performs annual assess-ments of the audit e?ectivenessand results, and discusses themwith the audit committee andthe audit department.
Control environmentRisk assessmentControl activities
Information andcommunication
Internal supervision
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录48About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Embracing Technological Innovationto Lead the Path to the Future
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
It mainly includes internal control audit, special audit, daily audit supervi-sion and other audits, etc.Internal Audit
Actively participate in supervising and managing matters of all businessdepartments, oversee the audit work proactively, engage in biddingmanagement for scrapped asset disposal, safety and environmentalprotection and other businesses as well as waste material disposal inadvance, and conduct supervision throughout the process, ensuringthe compliance and transparency of the Company’s businesses.
Daily audit supervision
Conduct audits on some unexpected risk matters that arise in its dailyproduction and operations. For example, we participated in and com-pleted inspections and investigations on the management of spareparts of the workshops.
Other audits
Organize to implement and complete 11 special audit tasks includingannual operation management, ?xed assets management, logistics andwarehousing management, ?nancial revenue and expenditure man-agement, infrastructure project management, labor and employmentmanagement of Zhixi Power Station according to the annual internalaudit work plan, communicate with the relevant departments and per-sonnel regarding the problems and hidden risks discovered during theaudit in a timely manner, and supplement and improve the relevantbusiness processes in accordance with internal control requirements.
Special audit
Internal control audit is another important business scope of internalaudit, which mainly includes the Company’s risk assessment, processaudit, compliance audit, etc. The main contents are as follows:
Internal control audit
Organize, implement and complete the self-evaluation ofannual internal control in accordance with the work require-ments of the China Securities Regulatory Commission andthe Shanghai Stock Exchange for listed companies;
Complete the improvement of relevant matters, recti?ca-tion responses, and audit and inspection of annual majormatters according to the requirements of internal controlinspection.
Organize the revision of the internal control manual accord-ing to the requirements of internal audit work.
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Embracing Technological Innovationto Lead the Path to the Future
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Competition and fair dealingThe Company is committed to competing fairly and hon-estly, advocating winning competitive advantages withexcellent quality and services, and abandoning unethicaland illegal business practices. No one may gain an unfaircompetitive advantage through manipulation, conceal-ment, abuse of information, distortion of facts, or any otherillegal business practices.The Company requires all employees to treat customers,suppliers, competitors and other employees with respectand fairness.
Anti-corruption and upholding integrityThe Company actively carries out anti-corruption work and hasformulated relevant regulations such as Company IntegrityInitiative, Employee Integrity Handbook, and Employee IntegrityGuarantee Commitment, and speci?ed the responsible entities.All employees should abide by national laws and regulations andthe Company’s rules and regulations, work with integrity, keephonesty and trustworthiness, abide by professional ethics andwork disciplines, serve the Company wholeheartedly, and e?ec-tively safeguard the Company’s legitimate rights and interests.
Reporting channels and whistleblower protection
The Company has established an anti-fraud and reporting system and setup the reporting hotline, email and address to ensure that reporting andcomplaints become an important approach for enterprises to e?ectivelygrasp information.
Anti-fraudThe Company’s Internal Audit Department is a standing organi-zation for anti-fraud work and is responsible for the Company’santi-fraud work, including assisting the management, depart-ments and subsidiaries in self-assessment and independentassessment of anti-fraud work, reviewing and evaluating theestablishment and implementation of the anti-fraud controlmechanisms of the Company and its subsidiaries, accepting andregistering fraud reports, organizing the investigation of fraudcases, issuing handling opinions, and reporting to the manage-ment, board of directors and board of supervisors, etc.
Con?ict of interestsAll employees must act in the best interest of the Companyas a whole, and their behaviors must re?ect the Company’scommitment to integrity, ethics, and professionalism to itscustomers, suppliers, shareholders, and the public. Accord-ingly, all employees must ensure that any ?nancial, com-mercial, or other behavior in which they are involved afterwork does not con?ict with the interests of the Company.All employees shall report any conduct that may cause acon?ict with the Company’s interests.
Business Ethics
Reporting channel
Reporting hotline86-519-82588805Reporting emailEgingjubao@egingpv.comReporting addressInternal Control and Audit Department, 8/F, Administra-tion Building, No. 18, Jinwu Road, Yaotang Town, JintanDistrict, Changzhou
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Embracing Technological Innovationto Lead the Path to the Future
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
To enhance the Company’s information security manage-ment capabilities, strengthen trusts from customers, part-ners and employees to the Company, and enhance itsmarket competitiveness and brand reputation, EGING PV hasestablished an ISO 27001 information security managementsystem to demonstrate its expertise in information securityand compliance with international standards. The move pro-vides the motivation and direction for continuous improve-ment in information security management, and pushes theCompany to continuously optimize and enhance its informa-tion security management system to address ever-changingnetwork security threats and business demands.
The Company’s information securitymanagement e?orts mainly include:
The Company places high importance on the development of informationsecurity system, and has established a series of relevant systems, includingcomputer room management, backup management and technical speci?-cations for industrial control access to production network, providing clearbasis and norms for information security management. Meanwhile, theCompany has built data access, processing, storage, backup, deletion andother standardized processes, ensuring compliance in all operations ande?ectively reducing security risks caused by human errors.
Development of information securitymanagement system
Information security management actions
Information Security
The Company has passed the ISO 27001 informationsecurity management system certi?cation.
System and process construction
In terms of authority management, the Company takes strict measures.First, the Company controls its computers with AD domain controllers, pro-hibits employees from downloading irrelevant software without permis-sion, and requires the administrator to install and download all software ina uni?ed manner, e?ectively creating a safe and stable network environ-ment for the Company. Second, it strictly manages employee terminals,requires employees to access the Company’s network with domainaccount and password, and prohibits access to entertainment and otherexternal websites.
Authority management
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Embracing Technological Innovationto Lead the Path to the Future
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
The Company regularly organizes information security training toe?ectively enhance employees’ awareness in preventing threats,such as phishing links and unsafe online behaviors, and improvetheir information security literacy, reducing security incidents at thesource. Meanwhile, the Company conducts routine inspections ofcomputer rooms to ensure normal operation of servers, storagedevices, switches and other equipment, monitor temperature andhumidity levels in computer rooms, and promptly discover andresolve equipment failures and environmental problems, providingreliable hardware support for the Company’s information systems.
Information security training and routineinspections for computer rooms
The Company attaches importance to the security of datatransmission, and encrypts data with IPsec and other pro-tocols to prevent theft or tampering during data transmis-sion, ensuring data con?dentiality and integrity. More-over, it regular reviews ?rewall and Sangfor’s logs totimely detect and handle abnormal tra?c, bugs and otherpotential security risks, ensuring stable and secure opera-tion of the Company’s network and information systems.
Data encryption and monitoring logs
The Company conducts regular backups of virtual machines andother critical data, and organizes data recovery drills to ensure thatthe backup function is normal and can recover data in case of dataloss or corruption, minimizing losses caused by business interrup-tions. In third-party management, the Company performs the securi-ty evaluation for cooperative third-party suppliers to ensure theircompliance with service requirements, and signs contracts to de?netheir responsibilities for data security and privacy protection, safe-guarding the Company’s data security and privacy rights.
Backup, recovery, and third-party management
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录52About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Embracing Technological Innovationto Lead the Path to the Future
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录53About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Sticking to the BottomLine of Safety to EnsureStable Operations
?Safety Production Management?Double Prevention Mechanism?Occupational Health Protection?Emergency Response
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障Embracing Technological Innovation to Lead the Path to the Future坚持以人为本 共建和谐社会附录54
In order to improve the Company’s production safety management level and enhance its ability to preventand respond to accidents, EGING PV has set up a production safety committee as the Company’s leadingbody for production safety in accordance with the requirements of production safety regulations. The Safetyand Environmental Protection Department is the Company’s production safety management body and isresponsible for the Company’s daily production safety management. The Human Resources Department isthe Company’s occupational health management body and is responsible for the management of the Com-pany’s daily occupational health management. The general manager (president) is the ?rst responsibleperson of the Company’s production safety and occupational health work.
Construction of safety production organization system
Based on the changes in laws and regulations such as the Jiangsu Province ProductionSafety Regulations, the General Scoring Standards for Level 2 Safety Production Standard-ization in Metallurgical and Other Industrial and Commercial Enterprises in Jiangsu Prov-ince, and theStandards for Determining Major Accident Hazards in Industrial and TradeEnterprises (Order No. 10 by the Ministry of Emergency Management of the People’sRepublic of China), the Company revised the Safety Production Rules and RegulationsCompilation in 2024, which includes a total of 44 safety production management systems.
Improved safety production system
In 2024, the Company revised the safety productionresponsibility system for all employees, involving 39departments and 68 positions in various departmentsand subordinate departments of the Company. TheCompany president signed the pledge for safety pro-duction responsibility with the heads of each centerand department, and required them to paste the hand-written pledge for safety production responsibility intheir workplaces to remind themselves of their safetyproduction responsibilities at all times.
Safety production responsibility system
Safety Production Management
Positions
Departments and subordinatedepartments of the Company
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
According to the 2024 Safety Production Education andTraining Plan, the Company organized training for 68 mainleaders and executives, held 7 sessions of annual safety edu-cation and training for safety production management per-sonnel, company-level emergency rescue team membersand all workshop sta?, and completed the 2024 annualsafety training and education assessment for all employeesin December 2024. In 2024, the Company organized 93sessions of third-level safety education for newly recruitedemployees and 20 sessions of safety education and trainingfor external construction parties entering the factory.
Safety production training for employees
Trainings for leaders andexecutives
Session of annual safetyeducation and training
Session of third-level safetyeducation for newly recruit-ed employees
Session of safety education andtraining for external constructionparties entering the factory
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
Appendix
CaseChangzhou EGING PV Technology held the third forklift skills contest among employees
On September 25, 2024, the Warehousing Department and the Company’s Trade Union organized the third forklift skills contest successfully.More than 20 forklift drivers from the Warehousing Department and the Module Business Unit competed in the contest to share their experienceand make improvements. Forklift driver is one of the most active jobs in manufacturing and logistics as well as the key to safe and e?cientoperation of forklifts. The Company carried out special training on forklift equipment and operation safety from time to time to ensure itshigh-quality development.
Sticking to the Bottom Line ofSafety to Ensure Stable Operations
According to the Regulations on Safety Production Risk Report-ing for Industrial Enterprises in Jiangsu Province (Provincial Gov-ernment Order No. 140), the Company organized safety risk iden-ti?cation and evaluation work in 2024, and established a riskmanagement and control list (66 items), including 34 majorsafety risks, 27 general safety risks and 5 minor safety risks. Themanagement and control measures are formulated from suchaspects as engineering technology, on-site management, educa-tion and training, personal protection, emergency response, etc.,and the responsible departments and responsible persons havebeen speci?ed. A total of 34 major safety risks have been report-ed through Government A?airs Platform of Jiangsu Province.According to the 2024 Work Plan for Accident Hazard Investiga-tion and Management, the Company organized the key personnelin charge to participate in a comprehensive inspection of produc-tion safety every quarter, to study, analyze and solve existingproblems in production safety; organized them to participate in acomprehensive inspection of production safety every month, andactively proposed suggestions to improve the safety productionmanagement. In accordance with the Standards for DeterminingMajor Accident Hazards in Industrial and Trade Enterprises(Order of the Ministry of Emergency Management of the People’sRepublic of China (No. 10)) and referring to Articles 3, 7, 13, and14, the inspection was conducted to determine no major acci-dent hazards. The Department of Safety and Environmental Pro-tection supervised the implementation of safety productionrecti?cation measures in various departments, and as of Decem-ber, a total of 260 potential accident hazards have been investi-gated and handled.
Risk classi?cation control, investigation andmanagement of hidden dangersDouble Prevention Mechanism
66 itemsRisk managementand control list
34 items
Major safety risks
27 itemsGeneral safety risks
34 items
Major safety risks reportedthrough Government A?airsPlatform of Jiangsu Province
5 itemsMinor safety risks
260+ accidents
Potential hazardsinvestigated andhandled
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Occupational health management policy
Management of occupational hazard factorsOccupational Health Protection
The Company has passed the ISO 45001 occupational health andsafety management system certi?cation in 2010, established an“occupational health leadership group” led by the president. Ithas clari?ed that the Company’s Human Resources Departmentand Safety and Environmental Protection Department are theCompany’s occupational health management agencies, andtheir job responsibilities are de?ned. An occupational healthmanagement system and operating procedures have been estab-lished, and relevant occupational health management measureshave been implemented through annual occupational diseaseprevention and control plans and implementation plan. Mean-while, the Company’s occupational health ?les and workers’health monitoring ?les are established and improved gradually.
Every year, the Company entrusts quali?ed occupational health technical service agencies to conduct regular test-
ing of occupational disease hazard factors in the workplace, and the test data are all quali?ed; alarm devices were
provided in the toxic and harmful workplaces where acute occupational injuries may occur, and on-site ?rst aid
supplies, ?ushing equipment, emergency evacuation channels and necessary hazard relief areas were equipped
and established.
In May 2024, the Company organized the regular testing of occupational disease hazard factors, involving two dust
positions, seven chemical factor positions, 32 noise position and one power frequency electric ?eld positions. The
test results were all in compliance with the Occupational Exposure Limits for Hazardous Agents in the Workplace.
Occupational health surveillance
The Company organizes employees who are exposed to occupational disease hazardous agents to conduct occu-
pational health examinations before, during and after work. The results of the examination are noti?ed to the
employees and signed by the employees for con?rmation. Re-examination will be arranged for workers who need
re-examination; workers with occupational contraindications will be transferred from their original jobs.
In December 2024, the Company carried out the 2024 annual on-the-job physical examinations for employees
exposed to hazardous agents of occupational disease. During the Reporting Period, no occupational disease inci-
dents occurred within the Company.
Construction of occupationalhealth management system
The Company passed the ISO 45001occupational health and safety management
system certi?cation.
Healthguarantee
Safety ?rst
Prevention asthe priority
Riskreduction
Dust positions
Chemical factor positions
Noise position
Power frequencyelectric ?eld position
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障Stick to the Bottom Line of Safety to Ensure Stable Operations坚持以人为本 共建和谐社会附录58
CaseChuzhou EGING organized activities in the occupational health publicity week
In order to further publicize and implement the Law on Prevention and Control of Occupational Diseases, popularize relevant knowledge on prevention andcontrol of occupational diseases, raise the employees’ awareness in this aspect, and safeguard their health rights and interests, the Company participated inthe 22ndnational publicity week on the Law on Prevention and Control of Occupational Diseases from April 25 to May 1, 2024. During the one-week publicityactivities themed on “preventing occupational diseases, protecting occupational health”, employees actively participated in publicizing the Law on Preventionand Control of Occupational Diseases, and learnt about relevant laws and regulations and their legitimate rights and interests, improving their knowledgeabout occupational disease prevention and control.
To create a cultural atmosphere ofoccupational health, the Companyposted visual publicity slogans andposters on occupational health, andplayed occupational health knowl-edge publicity videos in the canteenround the clock.
Occupational health publicity
The Company called on allemployees to participate inthe occupational health com-mitment signing activity.
Occupational healthcommitment
The Company organized specialoccupational health training foremployees in special positions toraise their awareness in occupa-tional health.
Occupational health and safetyknowledge training
In the activities, more employeeslearnt about preventive functionsand use methods of di?erentlabor protection supplies tobetter protect themselves in thedaily production environment.
Roadshow of labor protectionsupplies
The activities aimed to raise the awareness of all employees in occupational health, creating a good health culture atmosphere in the Company. Subsequently,the Company will continue to increase publicity e?orts to improve the employees’ awareness in occupational hazards and conscious protection. With thepublicity and implementation of the Law on the Prevention and Control of Occupational Diseases as long-term and regular e?orts, the Company will strength-en supervision to timely discover and solve problems in prevention and control of occupational diseases, e?ectively protecting the health rights and interestsof employees.
The Company has built corresponding occupationaldisease protection facilities in workplaces where dust,noise, and chemical factors are present, to ensure thee?ectiveness of the facilities. The production workshopsare equipped with a fresh air system and air conditioningfor temperature control to ensure that employees are in asafe and healthy working environment.Each production department is equipped with the personalprotective equipment according to the characteristics ofthe positions in the workshops, implements planned pro-curements and distributes them to the employees accord-ing to the requirements. Employees were supervised andguided to wear and use labor protective equipmentcorrectly. The items such as protective clothing, protectivegloves and gas masks installed at designated locationsshould be checked on a monthly basis to ensure that theyare in a normal state. In summer, outdoor patrol personnelwho may be exposed to high temperatures would be paidRMB300 per month according to the relevant regulations,and summer cooling products, such as Huoxiang ZhengqiLiquid, cooling ointment, Rendan mini-pills and mosquitorepellent, would be distributed.In 2024, the distribution rate of labor protection suppliesfor employees reached 100%.
Labor protection management
100%
Distribution rate of labor pro-tection supplies for employees
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
In order to strengthen the Company’s management of major risks and emergencies,minimize costs, reduce losses, and maintain the Company’s normal business order,EGING PV has established a sound early warning and emergency response mechanism inaccordance with the relevant laws, regulations and normative documents such as theCompany Law of the People’s Republic of China, the Securities Law of the People’sRepublic of China, the Basic Norms for the Internal Control of Enterprises, and the Arti-cles of Association of EGING PV Technology Co., Ltd.The Company handles major risks and emergencies based on the principle of “preven-tion ?rst, combining prevention with emergency response”, implements uni?ed leader-ship, organization & management, hierarchical responsibility, rapid reaction, and coordi-nated response to achieve feasible and proactive response.
Emergency management
The Company organizes to set up an emergency rescue body and establish a compa-ny-level emergency rescue team. Each business unit establishes a departmental emer-gency rescue team which is equipped with emergency equipment and emergency sup-plies. According to the drill plan, special emergency rescue drills for ?re and explosionaccidents, limited space, special equipment, and on-site disposal plans for electric shockand mechanical injury accidents were carried out in 2024.
Emergency drills
Emergency Response
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营坚持以人为本 共建和谐社会附录60About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Adherence to People-orientedApproach to Build a Harmoni-ous Society Together
?Protection of Employee’s Rights and Interests?Human Resource Management?Employee Training and Carree Development?Employee Care?Rural Revitalization
Protection of Employee’s Rightsand Interests
Labor managementThe Company prohibits the use of child labors and protectsunderage workers. It resolutely eliminate all forms ofdiscrimination and protect employees' legitimate rights andinterests. It has developed an incentive salary and remunera-tion system to ensure that employees receive reasonablewages and bene?ts. During the Reporting Period, the Com-pany has updated and released the Measures on AttendanceManagement to strengthen the management of workinghours and ensure that working hours comply with legalrequirements.The Company explicitly prohibits all forms of forced laborand will not engage in business with any factories or suppli-ers that use forced labor (including prison labor, indenturedlabor, bonded labor, or other forms of coercive labor) orviolate child labor laws. The Company has signed labor con-tracts with employees in accordance with labor laws andregulations, which clearly clari?es the employment condi-tions, without any restrictive or unreasonable conditionswhen recruiting workers. During the Reporting Period, allregular employees of the Company signed labor contracts,and the social insurance payment rate for employees underlabor contracts was 100%.
Safety, health and labor protectionEnvironmental protection, health and safety are the Company’s consistentdevelopment concepts. The Company continues to optimize and improve tominimize environmental, health and safety risks in production and opera-tions. The Company is committed to minimizing and, where feasible, elimi-nating the use of any substances or materials that may cause environmentaldamage, reducing the generation of wastes through some technical means,and adopting safe technical operating procedures to minimize the impact onthe environment. All employees strive to conserve resources and reducewaste generation and emissions through recycling and other energy-savingmeasures. All employees have a signi?cant responsibility to protect the envi-ronment, and employees are responsible for promptly reporting any knownor suspected violations of environmental laws or any incidents that mayresult in the release of harmful substances.The Company has comprehensively promoted the construction of safetymanagement system, and actively carried out the safety production trainingand publicity work, creating a good safety culture atmosphere, enhancingemployees’ safety production awareness and capabilities, and comprehen-sively improving the Company’s safety culture construction. The Company iscommitted to providing a safe and healthy working environment for everyemployee, trying to achieve zero work-related injury accidents, and achievingthe goal of being the safest factory in the new energy industry. The Companyrequires employees to proactively raise existing safety issues and take rele-vant measures to address potential safety hazards. Employees are requiredto ensure safety in production and are prohibited from using illegal drugs orother controlled substances in the workplace. Furthermore, employeesshould proactively report any unsafe equipment and other potential hazardsto their supervisors or other higher authorities to create a safe productionenvironment.
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Stick to the Bottom Line of Safety toEnsure Stable Operations
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
走进亿晶光电可持续发展管理与行动聚焦生态保护 筑牢绿色根基坚持科技创新 引领未来之路深化价值创造 践行责任担当强化合规经营 筑牢风险屏障固守安全底线 保障平稳经营附录62
Employee Remuneration PackageThe Company has designed a remuneration distributionframework based on employee positions, abilities and per-formance, and market levels to o?er employees competitiveremunerations. The company implements a comprehensivecompensation distribution system for all employees, with aperformance-based salary structure according to job levels,alongside various other compensation systems.
EGING PV has prepared its remuneration budget based on the Company’sdevelopment and industrial average salary, and allocated salary based onthe Company’s budget, employees’ contributions, abilities, attitudes andresponsibilities. The Company closely links the job evaluation results andperformance appraisal results with the monthly, quarterly, and annual per-formance-based salaries. At the same time, the Company, based on the JobDescription, follows the principle of “assigning positions according to needsand determining personnel based on positions.” It implements a salarysystem with a focus on position-based wages, complemented by perfor-mance bonuses and various allowances.The Company designs a variety of salary structures with appropriate di?er-entiation based on job responsibilities, technology, skills, and contribu-tions.
Remuneration System
Annual salary system for the Company’s management.
The Company has formulated a Performance Manage-ment Plan to clarify the details and requirements foremployee performance management, covering determi-nation and decomposition of performance indicators,planning of employee performance and its implementa-tion, evaluation and audit of employee performance,and the application of performance results. The Compa-ny assigns its annual business objectives to everydepartment and employee. To re?ect the employees’performance and achievements at work, EGING PV hasestablished di?erentiated performance appraisal plansaccording to employees’ ranks. The appraisal is perfor-mance-oriented and closely linked to the employees’monthly and annual performance salary and bonus.The Company pays attention to economic incentives aswell as non-economic incentives. For one thing, theCompany o?ers its employees complete statutory bene-?ts in accordance with national and local governmentalregulations. For another, it also o?ers diversi?ed corpo-rate bene?ts to meet the di?erent demands of employ-ees, stimulating their enthusiasm and creativity.
Performance Incentives
The position-based salary system linked to individualperformance.The commission-based salary system for marketingpersonnel linked to individual sales performance.
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Stick to the Bottom Line of Safety toEnsure Stable Operations
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Employees aged below 30 yearsEmployees aged 30-39 yearsEmployees aged 40-49 yearsEmployees aged 50-59 yearsEmployees aged 60 years and above
1578
68.04%
31.96%
Proportion ofmale workersProportion offemale workers
Doctor DegreeMaster DegreeBachelor DegreeCollegeSenior secondary school and below
30 persons1 person
312 persons347 persons888 persons
322 persons605 persons458 persons192 persons
1 person
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Stick to the Bottom Line of Safety toEnsure Stable Operations
Appendix
Human Resource Management
Recruitment and employmentEGING PV adheres to the principle of “being fair, just and open”. The Company treats each jobseeker equally and selects the best quali?ed, ensuring a transparent and fair recruitment process.The Company adopts di?erent recruitment channels. The active school-enterprise cooperation andcampus recruitment with universities and vocational schools has enabled the Company to accumu-late abundant talent resources in terms of talent quantity, knowledge level and professions typeand has provides a solid foundation for the Company’s healthy development in the long term. TheCompany values its existing talents as well, while introducing external talents into the Company. Incase of any position vacancies, it prefers internal personnel competition for the position ?rst. TheCompany thinks highly of the development of its employees.
ProductionSalesTechnologyFinanceAdministration
983 persons
44 persons199 persons24 persons328 persons
Sticking to the Bottom Line of
Safety to Ensure Stable Operations
Employee equality and protectionof female employees
The Company does not discriminate or treat employ-ees unfairly based on age, disability, ethnicity, gender,marital status, nationality, political a?liation, race,religion, sexual orientation, union membership, or anyother factor. The Company strictly implements a gen-der-equal compensation system, adhering to the prin-ciple of equal pay for equal work, ensuring that allemployees (at the same level) are treated equally interms of bene?ts, accommodation, and other aspects.The Company explicitly states that female job appli-cants should not be required to undergo pregnancytests during pre-employment medical examinations(except in cases required by applicable laws and regu-lations, and carefully considered for workplace safety).No discrimination shall occur based on the results ofsuch tests. Interviewers who have familial relationshipswith applicants must follow the principle of avoidanceand not participate in the applicant’s interview. Duringthe Reporting Period, no incidents of discriminationcontrary to the above requirements occurred.The Company prohibits any form of sexual harassmentin the factory or o?ce premises, including verbal orphysical actions related to sexual coercion, threats,humiliation, or exploitation. The Company has set up asuggestion box, and upon receiving a complaint, it willpromptly investigate the situation. If the complaint isveri?ed, the Company will take appropriate actionagainst the harasser based on the severity of the situa-tion. For minor incidents, the harasser will be educat-ed; for serious incidents, the Company will pursue legalaction and hold the harasser criminally responsible inaccordance with the law.
Communication with EmployeesThe Company has established a diversi?ed employee communication platform, including smooth channels ofcommunication with employees based on the principle of “full participation”, such as listening to employeesand adopting their opinions through Labor Unions, regular communications and interviews with employeesand employee satisfaction surveys.
All employees are eligible to join the Labor Union, and their willingness to join or not is fullyrespected by the Company. Employees can put forward opinions and suggestions that areclosely related to their vital interests through the Labor Union. As a bridge between employeesand companies, the Trade Union can safeguard the legitimate rights and interests of employeese?ectively.The TradeUnion
The Company conducts symposiums with employees periodically to collect their questions andgive feedbacks timely, so as to meet their reasonable needs.Employeecommuni-cation andinterview
The Company carries out special employee satisfaction surveys from the following eight aspects:
job satisfaction, life satisfaction, teamwork, performance management, department management,corporate management, remuneration, and employee development. The Company conducts statis-tical analysis of the results of the surveys, organizes special discussions, develops projects and mea-sures for improvement, and requires responsible units to implement the improvements.Employeesatisfac-tionsurvey
The Company establishes an internal employee dispute mediation center, which gives priority tointernal communication and mediation for disputes raised by employees.Employeedisputemediationcenter
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Stick to the Bottom Line of Safety toEnsure Stable Operations
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Employee Training and Career DevelopmentEmployee TrainingThe Company actively promotes a “culture of continuous learning” by enhancing employees' professional and technical skills throughtraining, in order to improve organizational performance. It has established a Management Policy of Employee Training, according towhich the Human Resources Department shall be responsible for the organization of employees’ training. The training courses aredivided into general courses and professional courses according to their contents. The general courses aim at improving employees’comprehensive abilities and qualities, while the professional courses lays emphasis on improving employees’ special or professionalabilities. The courses range from middle and senior management, grassroots management and front-line employees. Di?erent trainingcourses and contents are applied for di?erent levels of employees to ensure the training courses could meet their practical needs inwork, thereby enhancing the overall e?ectiveness of the whole team.
In 2024, a total of 26 company-wide training sessions were held with 1,027 partici-pants. Each training record and course document were released on the Compa-ny’s internal OA platform, so that employees could browse and learn online.Among them, 982 people participated in the training satisfaction survey, accord-ing to which more than 98% were satis?ed with the training.
New Employees
In-serviceEmployees
ManagementTargets of
Training
Human Resource Development
In terms of human resource development, EGING PV considers talentsas the driving force of the Company’s development. The Companyattaches great importance to the introduction of talents and thereforehas established good industry-university-research cooperation relation-ships with Shanghai Jiao Tong University, Jiangsu University, Chang-zhou University and Hohai University. The scienti?c research andhuman resource advantages of the universities have provided robustsupport for the Company’s innovation and development. Meanwhile,the Company pays attention to the development of its talents, and hasdeveloped a comprehensive training plan for new employees.In terms of employee promotion, the Company implements the princi-ples of openness, fairness, and justice in promotion management. Ascienti?c promotion management process has been established, whichincludes steps such as employee promotion applications, quali?cationreviews, comprehensive evaluations, approval decisions, and publicannouncement of appointments. This ensures that talented individualshave ample opportunities for development within the Company, layinga solid talent foundation for the Company's sustained growth.
Management Traineesfrom Fresh Graduates
Targets of Training
Training plan for managementtraineesTraining for new employees onboardingPre-job training for newemployeesTraining in enhancement ofjob skillsTraining in basic ability to per-form job dutiesTraining in promotion ofreserve cadresTraining in improvement ofmanagement capabilities ofthe current management
Business TrainingComprehensiveQuality TrainingManagementSkills TrainingCorporate &Policy Training
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Stick to the Bottom Line of Safety toEnsure Stable Operations
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Sta? canteen
There are employee canteens inboth east and west factories ofEGING PV, covering a total area ofmore than 5,000 square meters,which can accommodate morethan 2,000 people at the sametime. The canteens provide break-fast, lunch, dinner, midnightsnacks and even food serviceduring public holiday.
Sta? accommodation
Changzhou EGING provides a total of more than200 dormitories, each with a own privatebathroom, o?ering accommodation conve-nience for over 1,000 employees. Additionally,the Company o?ers “employed couple” dormi-tories to address the housing demands ofemployee families. There are laundry roomsand pantries in the dormitory’s public areas,and the dormitories are surrounded by conve-nience supermarkets and snack bars. There arealso cleaning sta?s who will clean the dormito-ry rooms and public areas regularly.
Sta? transportation
The Company is equipped withvarious models of vehicles such ascommercial vehicles and Coastersto meet the needs of daily busi-ness trips and business recep-tions. The factory premises areequipped with shared electricbicycles, electric vehicle chargingstations, and ample parking areasfor cars and electric scooters.
Sta? suits
The Company provides adminis-trative sta? with spring andautumn suits, summer poloshirts, and winter business jack-ets. Frontline production sta?are provided with summer andwinter/spring work uniforms, aswell as anti-static dustproofclothing.
Other conveniencemeasuresThe Company’s administrativebuilding is equipped with a gym and aparty building activity room. Pantriesare available on each ?oor, with waterpuri?ers, microwaves, and otherappliances provided as needed,maximizing convenience for employ-ees in their daily lives. In addition,there are self-service dining areas,private dining rooms, guest rooms,and various other comprehensivefacilities.
Employee CareEGING PV makes every e?ort to make its employees feel happier from di?erentperspective, including clothing, food, housing, and transportation:
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Stick to the Bottom Line of Safety toEnsure Stable Operations
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
“Employee Care” ProgramEmployees are the driving source of corporate development, so caring for the employees is essential to the building of a harmonious enterprise. To ensure that all employees share in the achievements of the Company’s development,fully demonstrate the Company’s care for its employees, further strengthen corporate cohesion and unity, inspire employees’ enthusiasm for work, and enhance their sense of well-being, EGING PV has implemented the “EmployeeCare” Program to jointly build a harmonious enterprise. The program mainly consists of ?ve aspects:
Caring for employees’ physical
and mental heath
Caring for employees’ spiritual
demands
Caring for employees’ cultural and
recreation life
Caring for employees’ growthCaring for employees’ families
The Company regularly conducts healthexaminations and maintains healthrecords for employees. It has established ahospital visitation system; implements anannual leave policy; provides personalaccident insurance for ?eld sta? exposedto occupational risks; and continues toimprove working and living conditions foremployees.
The Company maintain open communica-tion channels with employees, organizebirthday celebrations, and ensure thatdepartment leaders visit employees too?er congratulations or condolences formajor family events such as weddings orbereavements involving themselves ortheir immediate dependents. Additionally,we express care and appreciation to front-line employees who continue workingduring major holidays or in harsh weatherconditions.
We have established various cultural andrecreational groups, such as basketball,table tennis, badminton, singing and danc-ing, and public speaking. Each year, weorganize a variety of planned cultural andsports activities. Monthly 'Happy EmployeeDay' events are held, and large-scale com-petitions are organized twice a year, withe?orts made to encourage participationfrom frontline employees. We also regular-ly organize family and parent-child activi-ties, inviting employees’ families and chil-dren to visit the Company and take part inspecially arranged events.
We o?er political support and care, createopportunities for job-based training anddevelopment, enhance employee traininginitiatives while encouraging self-learningand personal growth. We also engage withvarious sectors of society through network-ing events to help broaden employees’horizons and social networks.
We are committed to improving employeeincome levels, supporting those experienc-ing ?nancial hardship, and recognizing aca-demic excellence by providing one-timerewards to employees whose children areadmitted to top-tier universities under theMinistry of Education’s '211' and '985' pro-grams.
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Stick to the Bottom Line of Safety toEnsure Stable Operations
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
CaseWorkshop employee care activity in 2024
On November 25, 2024, Mr. Chen Jiangming, Chairman of the Labor Union of EGING PV, personally leda team into the workshop to carry out a heartfelt employee care activity. This initiative injectedwarmth into the busy workshop, enabling employees to genuinely experience the care and support ofthe Company as one big family.
During the activity, Chen Jiangming had cordial talks with employees, acknowledging their hard workand dedication to the Company’s development. In addition, he collected their di?culties and requeststo actively communicate and coordinate with the Company’s management. As he knew well thatemployees may not settle down in their jobs without living security, he will strive for more support andhelp for employees in di?culties.
CaseJintan District Rural Revitalization Work Survey Meeting in 2024
On January 24, 2024, Chen Jiangming, Chairman of the Labor Union of EGING PV, attended thework survey meeting on paired assistance for economic enhancement in villages (Wulian Village,Dongcheng Subdistrict) held in Jintan District.
The Company is actively involved in the local rural revitalization e?orts, attentively listening tothe development status of Wulian Village and the strategies for driving economic growth. Duringthe meeting, Chairman Chen Jiangming provided insightful recommendations, emphasizing thatthe Company will leverage its advantages in industrial development to contribute to revitalizingvillage resources. This will include developing the 'New Energy + Agriculture' industry model, sup-porting rural energy infrastructure development, and o?ering technical and talent assistance withthe aim to increase villagers’ income, improve their well-being, and create local employmentopportunities.
Rural Revitalization
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Stick to the Bottom Line of Safety toEnsure Stable Operations
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Appendix
2024 key ESG performance
Number of general meetingsof shareholders
Number of proposals reviewed atgeneral meetings of shareholders
Number of meetings ofthe Board of Directors
Number of proposals reviewed atthe Board of Directors meetings
Number of meetings ofthe Board of Supervisors
Number of proposals reviewed atthe Board of Supervisors meetings
Con?rmed incidents of corruption
Number of anti-corruptiontraining sessions
Proportion of key personnel at orabove the middle level who signedthe integrity commitment letter
100%
Unfair competition and antitrust violations
Business ethics performance
Intellectual property performance
Percentage of directors and executives receiv-ing anti-bribery and anti-corruption training100%
Total number of patents granted
The number of patents grant-ed during the Reporting Period
Among them, the number ofpatents for invention granted
Among them, the number ofpatents for invention granted
I. Corporate Governance Performance
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Corporate Governance Performance
Total investment in envi-ronmental protection
millionRMB
10.3449
Total electricity consumption
MWh89,217.41
Among them, outsourced electricity
MWh73,474.57
Among them, rooftop PVself-generated electricity
MWh15,742.83Total steam consumptiontons
Total diesel consumption
tons
Environmental viola-tions and penalties
Wastewater disposalcompliance rate
100%
Total waste discharge
tons5,627.63
Waste disposal compliance rate100%Total non-hazardous waste discharge
tons5,544.59
Total hazardous waste discharge
83.04
Annual total water intake
tons2,177,142
Total wastewater discharge
tons1,404,589.80
Total natural gas consumption151,361 m
II.Environmental PerformanceEnvironmental Management
Wastewater management
Energy management
Waste management
Water Resource ManagementExhaust treatmentcompliance rate
100%Total exhaust emission
m
Waste gas management
tons
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
By genderMale1,073
Female
By ageEmployees agedabove 50 years
Employees agedbetween 41 and50 years (exclud-ing 50 years)
Employees agedbetween 31 and40 years (exclud-ing 40 years)
Employees aged below30 years
By educational degreeDoctor Degree
Master Degree
Bachelor Degree
Below Bachelor Degree1,235
By professionFunctional personnel
Salesperson
R&D personnel
Production sta?
Total1,578
Nitrogen oxide emission
tons
79.08
Sulfur oxide emissiontons
VOC emission
tons
91.39
PM emission
tons
40.10
Total nitrogen emission
tons
3.86
COD emission
tons
5.81
Ammonia nitrogenemission
tons
10.54
Pollutant management
Recruitment and employmentIII. Social Performance
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Labor contract signing coverage100%
Social insurance coverage
100%
Major ?re accident
Total investment in employeehealth and safetyRMB
1.2 million
Number of work-related casualtiesof the Company’s own employees
Number of work-relatedinjuries among the Compa-ny’s own employees
Incidence of occupationaldisease
Pre-job occupationalhealth examination rate100%
In-job occupationalhealth examination rate
100%
Work-related casualtiesand serious injuries
Employee production safetyeducation and training rate100%Accident and hazard recti?cation rate100%
Equipment and facility maintenance rate100%
Total hours of training received by employees
1,692.50
Average number of train-ing hours per employee
1.07
Hours of security-themedtraining per employee
Average number of hours oftraining for new employees
1.5
Percentage of employeesreceiving regular perfor-mance and career devel-opment appraisals100%
Coverage rate of newemployee training100%
Protection of Employee’s Rights and InterestsProduction safety
Occupational health and safetyEmployee training
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
AppendixSticking to the Bottom Line ofSafety to Ensure Stable Operations
Environmental dimension
Climate change responsePollutant emissionsWaste disposal
Articles 21 to 28
Articles 31Articles 30
Articles 32
Focusing on Ecological Protection to Builda Solid Green Foundation
During the Reporting Period, the Compa-ny’s operational sites were not located inkey protected areas, and its productionand business activities did not havemajor negative impacts on ecosystemsand biodiversity.
Focusing on Ecological Protection to Builda Solid Green FoundationFocusing on Ecological Protection to Builda Solid Green Foundation
Focusing on Ecological Protection to Builda Solid Green FoundationFocusing on Ecological Protection to Builda Solid Green FoundationFocusing on Ecological Protection to Builda Solid Green FoundationFocusing on Ecological Protection to Builda Solid Green Foundation
Ecosystem and biodiversityconservation
Articles 33Articles 35Articles 36Articles 37
Environmental compliancemanagementEnergy utilizationWater resource utilizationCircular economy
Social dimension
Governance dimension
Articles 39Articles 40Articles 42Articles 43Articles 45Articles 46Articles 47Articles 48Articles 50
Articles 52Articles 53
Adhering to a People-oriented Approach to Build aHarmonious Society TogetherStick to the Bottom Line of Safety to Ensure StableOperations
Adhering to a People-oriented Approach to Build aHarmonious Society TogetherAdhering to a People-oriented Approach to Build aHarmonious Society TogetherAdhering to a People-oriented Approach to Build aHarmonious Society Together
Supply chain securityEqual treatment of SMEsProduct and servicesecurity and qualityData security and customerprivacy protectionEmployee
Due diligenceCommunication withstakeholders
Deepening Value Creation to Embody Responsibilityand CommitmentDuring the Reporting Period, the Company did nothave any balance of accounts payable (includingnotes payable) exceeding RMB30 billion or account-ing for more than 50% of total assets.
Strengthening Compliance Operations to Build aSold Risk Barrier
Strengthening Compliance Operations to Build aSold Risk Barrier
Sustainable Development Management
Deepening Value Creation to Embody Responsibilityand Commitment
During the Reporting Period, the Company’s busi-ness was not involved in genetics, AI ethics or othertechnology ?elds, and its production and opera-tions did not include any activities relating to tech-nological ethics.Technological ethics
Rural revitalizationSocial contributionInnovation-drivendevelopment
Articles 55Articles 56
Anti-commercial bribery andanti-corruptionAnti-unfair competition
Strengthening Compliance Operations to Build aSold Risk BarrierStrengthening Compliance Operations to Build aSold Risk Barrier
Appendix
Guidelines No. 14 of Shanghai Stock Exchange for Self-Regulation ofListed Companies—Sustainability Report (Trial)Indicator Index of the Report
About EGING PV
Sustainable DevelopmentManagement and Action
Focusing on Ecological Protectionto Build a Solid Green Foundation
Embracing Technological Innovationto Lead the Path to the Future
Deepening Value Creation to EmbodyResponsibility and Commitment
Strengthening Compliance Operationsto Build a Sold Risk Barrier
Stick to the Bottom Line of Safetyto Ensure Stable Operations
Adhering to a People-oriented Approachto Build a Harmonious Society Together
Appendix
No. IssuesArticleCorresponding Sections in This Report
No. IssuesArticleCorresponding Sections in This Report
Sticking to the Bottom Line ofSafety to Ensure Stable Operations
No. IssuesArticleCorresponding Sections in This Report