ÖÐ˳½àÈ᣺ÖÐ˳½àÈá2020Äê»·¾³¡¢Éç»áÓë¹ÜÖΣ¨ESG£©±¨¸æ£¨Ó¢Îİ棩

2020ª¤

Environmental,Socislª¤andª¤

Governanceª¤Report

(SZSEª¤stockª¤code:002511)C&Sª¤PAPERª¤CO.,LTO

ª§Aª§journeyª§ofª§aª§thousandª§milesª§beginsª§withª§aª§singleª§step.Soª§itª§isª§withª§lifeª§andª§business.Withª§steelyª§determinationª§andª§clearª§goals,ª§people'sª§livingª§standardsª§haveª§improved.Weª§alwaysª§provideª§high-qualityª§productsª§andª§moreª§considerateª§servicesª§inª§accordanceª§withª§ourª§philosophyª§ofª§¡°buildingª§product,ª§enterpriseª§andª§professionalª§brands.¡±Concentration,ª§techniqueª§andª§excellenceareª§theª§valueª§weª§haveª§workedª§toª§attain.Inª§theª§pursuitª§ofª§quality,weª§makeª§technology-drivenª§innovations.ª§Weª§winª§theª§marketª§withª§qualityª§andª§thusª§promoteª§theª§developmentª§ofª§ourª§brand,ª§whichª§isª§unanimouslyª§recognizedª§byª§ourª§partners.ª§Theª§blueprintª§ofª§ourª§dreamª§includesª§eachª§ofª§ourª§partners.ª§Theª§goodª§isª§likeª§water,bothª§softª§andª§hard.C&S,ª§inª§itsª§ultimateª§pursuitª§ofª§details,ª§consistentlyª§maintainsª§qualityª§andª§innovationtoª§buildª§aª§century-oldª§enterprise,ª§createª§aª§tastefulª§lifestyleª§andª§keepª§movingª§forward.Weª§welcome,ª§respectª§andª§employª§talents.Weª§embraceª§theª§worldª§andª§connectª§variousª§?eldsª§toª§createª§aª§sharing,ª§win-winª§situationª§andª§maximizeª§theª§collectiveª§valueª§ofª§talentsª§andª§users.Weª§lookª§forwardª§toª§workingª§withª§youasª§weª§createª§aª§cleaner,ª§moreª§comfortableª§world.ª§

ª¤Foreword

C&Sª§Paperª§Co.,ª§Ltd.ª§(hereinafterª§"C&S"ª§orª§"theª§company")ª§strivesª§forª§theª§visionª§ofª§"high-qualityª§life,ª§tastefulª§C&S"ª§inª§orderª§toª§provideª§moreª§soothing,ª§higher-qualityª§productsª§forª§consumers.ª§Itª§isª§committedª§toª§buildingª§aª§harmoniousª§enterprise,ª§developingª§aª§sustainableª§businessª§modelª§andª§creatingª§aª§career-developmentª§platformª§withª§whichª§employeesª§canª§helpª§ensureª§growthª§forª§themselvesª§andª§theª§company.ª§Itª§providesª§high-qualityª§productsª§andª§servicesª§toª§meetª§customerª§demands.ª§C&Sª§practicallyª§assumesª§itsª§socialª§responsibilityª§whileª§pursuingª§developmentª§toª§bene?tª§theª§company,ª§employees,ª§partners,ª§consumersª§andª§society.ª§Inª§all,ª§weª§striveª§toª§conveyª§aª§positiveª§corporateª§image.ª§ª§Theª§companyª§preparedª§theª§2020ª§Environmental,ª§Socialª§andª§Governanceª§Reportª§(ESGª§Report),ª§describingª§itsª§conceptª§andª§practiceª§ofª§sustainableª§developmentª§andª§theª§ful?llmentª§ofª§socialª§responsibilityª§inª§termsª§ofª§communityª§well-being,ª§corporateª§governance,ª§investorª§relationsª§andª§theª§environment.ª§Thisª§reportª§wasª§publishedª§electronicallyª§togetherª§withª§theª§2020ª§Annualª§Reportª§ofª§C&Sª§Paperª§Co.,ª§Ltd.ª§Theª§digitalª§versionª§canª§beª§foundª§onª§www.cninfo.com.cn,ª§anª§information-disclosureª§websiteª§speci?edª§byª§theª§Shenzhenª§Stockª§Exchangeª§(SSE).ª§

Chapterª¤Iª¤ª¤ª¤ª¤ª¤C&S'ª¤Targeted,ª¤People-Centeredª¤Actionª¤PrincipleChapterª¤IIª¤ù䪤ª¤ª¤Standardª¤Governanceª¤andª¤Promotionª¤ofª¤Newª¤RMBª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤10ª¤Billionª¤Industrialª¤PlatformChapterª¤IIIª¤ù䪤ª¤People-Orientedª¤Principleª¤andª¤Employeeª¤Valueª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤Achievementª¤Chapterª¤IVù䪤ª¤ª¤Ensuringª¤opennessª¤andª¤transparencyª¤toª¤protectª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤investors'ª¤rightsª¤andª¤interestsChapterª¤Vª¤ª¤ª¤ª¤Ful?llingª¤theª¤dutyª¤towardª¤socialª¤welfareChapterª¤VIù䪤ª¤ª¤Outlook

3-78-2223-36

37-42

43-54

ª§CONTENTS

Chapterª¢IC&S'ª¤Targeted,ª¤People-Centeredª¤Actionª¤Principle

Companyª§pro?leC&S Paper Co., Ltd. (hereinafter "C&S" or "the company") was established on May 28, 1999, and officiallylisted on SSE's SMEs board (stock code 002511) on November 25, 2010. As the first A?share listed tissue?paper enterprise in China, it has total equity of 1,312 million shares, net assets exceeding RMB 5,041 million,more than 6,000 employees and annual sales revenue of more than RMB 7,800 million. Thus, it has beenaccorded the honorary titles ¡°Outstanding Private Science and Technology Enterprise in China,¡± ¡°Top 100Private Enterprises in Guangdong Province¡± and others.Asª§oneª§ofª§China'sª§leadingª§tissue-paperª§enterprises,ª§C&Sª§strivesª§forª§theª§visionª§ofª§"high-qualityª§life,ª§tastefulª§C&S"ª§inª§orderª§toª§provideª§moreª§soothing,ª§higher-qualityª§productsª§forª§consumers.ª§Itª§mainlyª§hasª§high-qualityª§tissueª§paper,ª§personalª§careª§andª§healthª§productª§categoriesª§ofª§threeª§majorª§brandª§series:ª§C&S,ª§Sunª§andª§Doremi.ª§Itsª§mainª§productsª§areª§rollª§paper,ª§corelessª§paper,ª§paperª§extraction,ª§pocketª§tissue,ª§moistª§tissue,ª§softª§cottonª§tissue,ª§sanitaryª§padsª§andª§babyª§diapers.ª§Amongª§theª§company'sª§variousª§seriesª§areª§"OKBEBE"ª§diapers,ª§"Doremi"ª§sanitaryª§pads,ª§"Freshª§Cottonª§Unbleached"ª§softª§cottonª§tissue,ª§theª§"Sun"ª§productª§line,ª§C&Sª§Faceª§products,ª§theª§C&Sª§Lotionª§line,ª§C&Sª§Naturalª§Woodª§products,ª§theª§C&Sª§Goldenª§lineª§andª§Moistª§Tissueª§products.ª§

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Reportstockª§code:002511

Theª§companyª§hasª§establishedª§productionª§basesª§inª§Jiangmenª§andª§Yunfu,ª§Guangdongª§Province;ª§Chengdu,ª§Sichuanª§Province;ª§Jiaxing,ª§Zhejiangª§Province;ª§Xiaogan,ª§Hubeiª§Province;ª§andª§Tangshan,ª§Hebeiª§Province.ª§Theª§productsª§areª§soldª§throughoutª§theª§nineª§majorª§territoriesª§ofª§Chinaª§(Southª§China,ª§Yunnan-Guizhou-Guangxiª§region,ª§Southwestª§China,ª§Northwestª§China,ª§Eastª§China,ª§Centralª§China,ª§Northª§China,ª§Northeastª§Chinaª§andª§theª§Hongª§Kong-Macaoª§region)ª§asª§wellª§asª§toª§Southeastª§Asia,ª§theª§Mideast,ª§theª§Occidentandª§otherª§overseasª§markets.ª§ª¤Jiangmen,ª¤Guangdongª¤Province

ª¤Yunfu,ª¤Guangdongª¤Province

Chengdu,ª¤SichuanProvince

Xiaogan,ª¤HubeiProvince

Tangshan,ª¤HebeiProvinceJiaxing,ª¤ZhejiangProvince

Chapterª§Iª§ª§C&S'ª§Targeted,ª§People-Centeredª§Actionª§Principle

Corporateª§culture

Productª¤brand

Innovativeª§andª§UniqueQuality¡ª¡ªAª¤varietyª¤ofª¤?rst-rateª¤productsª¤withª¤softness,ª¤moistness,ª¤dampnessª¤retentionª¤andª¤otherª¤innovativeª¤qualities.ª¤Appeal¡ª¡ªLeading,ª¤novelª¤andª¤fashionable,ª¤featuringª¤uniqueª¤colors.ª¤Principle¡ª¡ªExcellenceª¤isª¤ourª¤constantª¤pursuit.

Enterpriseª¤brandCorporateª§objectivesBuildª¤aª¤century-oldª¤enterprise.ª¤First-classª¤mechanisms,ª¤departmentsª¤andª¤talents.First-classª¤equipment,ª¤rawª¤materials,ª¤qualityª¤andª¤rewards.ª¤

Professionalª¤brand

Taoª§andª§win

"Tao"ª¤isª¤aª¤referenceª¤toª¤theª¤observanceª¤ofª¤naturalª¤laws.ª¤C&Sª¤hasª¤itsª¤ownª¤philosophyª¤ofª¤life,ª¤talent-recruitmentª¤criteria,ª¤professionalª¤ethicsª¤andª¤businessª¤model.ª¤C&Sª¤donatesª¤toª¤worthyª¤causes,ª¤accumulatesª¤meritsª¤andª¤virtues,ª¤reducesª¤actsª¤ofª¤inequityª¤andª¤demonstratesª¤compassion.ª¤

C&S'ª§majorª§eventsª§inª§2020Joiningª¤toª¤?ghtª¤theª¤pandemicCoronavirusª§eruptedª§inª§lateª§2019ª§inª§Wuhan,ª§Hubeiª§Province.ª§Itª§thenª§spreadª§rapidlyª§throughoutª§theª§countryª§andª§theª§world.ª§Amidª§theª§increasinglyª§seriousª§pandemicª§situation,ª§theª§peopleª§ofª§C&Sª§haveª§beenª§determinedª§toª§?ghtª§andª§winª§theª§battleª§againstª§COVID-19ª§byª§mobilizingª§resourcesª§toª§controlª§theª§spreadª§ofª§theª§virus.ª§Asª§aª§sociallyª§responsibleª§enterprise,ª§C&Sª§caresª§aboutª§medicalª§workersª§andª§ordinaryª§peopleª§onª§theª§frontª§lines.ª§Inª§fact,ª§theª§companyª§quicklyª§restructuredª§theª§plantª§atª§itsª§Yunfuª§productionª§baseª§toª§produceª§medicalª§masksª§andª§contributeª§toª§theª§controlª§ofª§theª§pandemic.Theª§companyª§donatedª§RMBª§10.80ª§millionª§inª§cashª§andª§providedª§RMBª§0.5ª§millionª§worthª§ofª§pre-moistenedª§sanitaryª§disinfectingª§tissueª§andª§otherª§paperª§productsª§forª§theª§controlª§ofª§COVID-19.ª§Theª§companyª§hasª§beenª§steadfastlyª§onª§theª§sideª§ofª§medicalª§workersª§inª§theª§?ghtª§againstª§theª§pandemic.

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Reportstockª§code:002511

ª§Inª§orderª§toª§respondª§toª§theª§healthª§crisisª§andª§meetª§theª§urgentª§needª§forª§protectiveª§supplies,ª§theª§companyª§hasª§respondedª§toª§theª§government'sª§callª§andª§quicklyª§startedª§toª§produceª§masks.ª§Soon,ª§theª§companyª§completedª§aª§seriesª§ofª§work,ª§suchª§asª§theª§reconstructionª§ofª§theª§100,000-gradeª§dust-freeª§workshop,ª§theª§procurementª§forª§theª§productionª§line,ª§andª§theª§selectionª§ofª§BFE95ª§andª§above-gradeª§melt-blownª§fabricª§rawª§materials.ª§Toª§addressª§theª§shortageª§ofª§pandemicª§preventionª§andª§controlª§supplies,ª§theª§companyª§hasª§donatedª§moreª§thanª§aª§millionª§medicalª§surgicalª§masksª§andª§5,000ª§feminineª§napkinsª§toª§theª§front-lineª§areasª§andª§otherª§anti-pandemicª§units.Inª§Februaryª§2021,ª§theª§companyª§donatedª§materialsª§valuedª§atª§moreª§thanª§RMBª§1ª§millionª§toª§heroicª§front-lineª§pandemicª§?ghtersª§inª§Shijiazhuang.ª§Inª§Marchª§2021,ª§theª§companyª§donatedª§moreª§thanª§fourª§millionª§masksª§toª§countriesª§participatingª§inª§theª§Beltª§andª§Roadª§Initiative,ª§includingª§Russia,ª§Pakistanª§andª§Myanmar,ª§toª§supportª§theª§internationalª§?ghtª§againstª§theª§pandemic.ª§C&Sª¤artisticª¤"Home"ª¤trendª¤presentationª¤withª¤C&Sª¤FACEª¤oil-paintingª¤seriesª¤productsª¤o?ciallyª¤launchedª¤

Onª§Septemberª§19,ª§2020,ª§C&Sª§carriedª§outª§theª§C&Sª§Artisticª§"Home"ª§Trendª§Presentationª§eventª§jointlyª§withª§Liuª§Tong,ª§aª§famousª§paper-foldingª§artist,ª§andª§CITYZINE.ª§C&Sª§tookª§theª§leadª§toª§gainª§insightª§regardingª§newª§trends,ª§launchª§C&Sª§FACEª§oil-paintingª§seriesª§products,ª§andª§integrateª§elementsª§ofª§oilª§paintingª§intoª§theª§packagingª§toª§createª§anª§oilª§paintingª§world,ª§showª§comfortingª§scenesª§fromª§dailyª§life,ª§andª§encourageª§aª§loveª§ofª§oilª§paintingª§inª§theª§FMCGª§homeª§?eld.ª§

Theª¤?rstª¤reservedª¤unlockingª¤exerciseª¤ofª¤theª¤2018ª¤Equityª¤Incentiveª¤Plan

Theª§company,ª§inª§2020,ª§?nishedª§theª§?rstª§reservedª§unlockingª§exerciseª§ofª§theª§2018ª§Stock-Optionª§andª§Restricted-Shareª§Incentiveª§Planª§toª§createª§considerableª§valueª§forª§incentiveª§objectsª§andª§shareª§itsª§achievements.

Chapterª§Iª§ª§C&S'ª§Targeted,ª§People-Centeredª§Actionª§Principle

Completedª¤clearingª¤ofª¤theª¤Secondª¤Employeeª¤Stock-Ownershipª¤PlanOnª§Novemberª§28,ª§2020,ª§theª§lock-upª§periodª§ofª§theª§company'sª§Secondª§Employeeª§Stock-Ownershipª§Planª§expiredª§andª§theª§clearingª§forª§theª§planª§started.Fromª§Decemberª§1,ª§2020ª§toª§Januaryª§5,ª§2021,ª§allª§11,709,583ª§sharesª§underª§theª§Employeeª§Stock-Ownershipª§Planª§wereª§soldª§atª§higherª§prices.ª§

Becomingª¤theª¤brandª¤withª¤theª¤fastest-growingª¤Kantar'sª¤Consumerª¤Reachª¤score

Kantarª§Worldpanelª§Divisionª§publishedª§theª§Asianª§Brandª§Footprintª§2020.ª§Accordingª§toª§thatª§report,ª§C&S,ª§whichª§isª§amongª§theª§50ª§mostª§popularª§brandsª§inª§China,ª§increasedª§itsª§Consumerª§Researchª§Pointª§(CRP)ª§byª§11%,ª§recruitedª§5.73ª§millionª§newª§urbanª§consumerª§householdsª§inª§2019ª§andª§becameª§theª§brandª§withª§theª§fastest-growingª§CRPª§forª§thatª§year.ª§

Restrictedª¤Shares

Firstª¤timeReserved

Totalª¤no.ª¤ofª¤employeesª¤

5,902,650

4.33

5,593,428802,722

837,510

7.02

765,270211,890

Numberª¤ofª¤unlockedª¤sharesª¤(share)ª¤

Priceª¤ofª¤unlockingª¤(RMB/share)

Numberª¤ofª¤employeesª¤subjectª¤toª¤unlocking

Numberª¤ofª¤actuallyª¤unlockedª¤sharesª¤(share)ª¤

Numberª¤ofª¤sharesª¤canceledª¤throughª¤back-backª¤(share)

Stockª¤options

Firstª¤timeReserved

31184,120,350

8.5722522

3,431,5052,110,545

696,300

13.965

640,389151,111

Totalª¤no.ª¤ofª¤employeesª¤

Exerciseª¤amountª¤(option)ª¤

Exerciseª¤priceª¤(RMB/option)

Numberª¤ofª¤entitledª¤employeesª¤

Actualª¤exerciseª¤amountª¤(option)

Amountª¤canceledª¤(option)ª¤

times

Generalª¤Meetingª¤ofª¤Shareholders

Standardizingª§andª§optimizingª§theª§structureª§ofª§corporateª§governanceª§isª§theª§keyª§toª§sustainableª§developmentª§atª§C&Sª§

Threeª¤bodies'ª¤rational,ª¤standardizedª¤operationsª¤toª¤promoteª¤development

2019ª§Annualª§Report,ª§andª§reportsª§forª§Q1,ª§Q2ª§andª§Q3ª§2020Changeª§ofª§businessª§scope,ª§increaseª§ofª§registeredª§capital,ª§andª§amendmentª§toª§theª§Articlesª§ofª§AssociationPro?tª§distributionª§inª§2019Achievementsª§inª§meetingª§theª§unlocking/exerciseª§conditionsª§forª§restrictedª§sharesª§andª§stockª§optionsª§grantedª§forª§theª§?rstª§timeª§underª§theª§2018ª§Stock-Optionª§andª§Restricted-Shareª§Incentiveª§Plan;ª§unlocking;ª§independentª§exercise;ª§cancellationª§throughª§buybackAchievementsª§inª§meetingª§theª§unlocking/exerciseª§conditionsª§forª§restrictedª§sharesª§andª§stockª§optionsª§reservedª§underª§theª§2018ª§Stock-Optionª§andª§Restricted-Shareª§Incentiveª§Plan;ª§unlocking;ª§independentª§exercise;ª§cancellationª§throughª§buybackTheª§facility,ª§guarantee,ª§relatedª§partyª§transactionª§andª§wealthª§managementª§inª§2021Renewalª§ofª§contractª§withª§theª§accountingª§?rm

Mainª¤Considerations

Standardª¤Governanceª¤andª¤Promotionª¤ofª¤Newª¤RMBª¤10ª¤Billionª¤Industrialª¤Platform

Chapterª¢II

times

Meetingª¤ofª¤theª¤Boardª¤ofª¤Directors

times

Meetingª¤ofª¤theª¤Boardª¤ofª¤Supervisors

Appointmentª§ofª§seniorª§executives

Chapterª§IIª§ª§Standardª§Governanceª§andª§Promotionª§ofª§Newª§RMBª§10ª§Billionª§Industrialª§Platform

Strictª¤information-disclosureª¤reviewª¤forª¤fair-and-accurateª¤informationª¤transmission

Theª§company,ª§inª§2020,ª§publishedª§aª§totalª§ofª§148ª§reportsª§withª§aroundª§1.32ª§millionª§characters,ª§inª§connectionª§withª§theª§detailedª§businessª§dynamicsª§ofª§theª§companyª§andª§thereª§wasª§noª§correctionª§toª§itsª§announcementsª§inª§anyª§ofª§threeª§consecutiveª§years.ª§Itsª§creditª§ratingª§inª§2019ª§wasª§A,ª§markingª§aª§?rstª§forª§theª§company.ª§

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Report

stockª§code:002511

Activeª¤participationª¤inª¤regulators'ª¤surveyª¤andª¤trueª¤reportª¤ofª¤businessª¤performance

Manyª§listedª§companiesª§wereª§a?ectedª§byª§theª§COVID-19ª§pandemicª§inª§2020.ª§Inª§orderª§toª§understandª§theª§businessª§operationsª§ofª§listedª§companiesª§inª§timeª§andª§bailª§themª§out,ª§theª§regulatorsª§haveª§issuedª§questionnairesª§onª§severalª§occasions,ª§includingª§surveysª§thatª§coveredª§theª§businessª§conditionsª§ofª§listedª§companiesª§duringª§theª§pandemicª§andª§post-pandemicª§periods.ª§Theª§companyª§respondedª§toª§eachª§questionnaire,ª§doingª§soª§inª§aª§mannerª§consistentª§withª§itsª§actualª§conditionsª§inª§orderª§toª§evidenceª§itsª§pandemic-preventionª§e?ortª§andª§resumptionª§ofª§activity.ª§Despiteª§theª§severityª§ofª§theª§pandemic,ª§theª§companyª§hasª§maintainedª§orderlyª§operationsª§andª§aª§highª§standardª§governance.

Regulators'ª¤Questionnaires

Shenzhenª¤Stockª¤ExchangeCSRCª¤Guangdongª¤O?ceQuestionnaire:ª§Impactª§ofª§COVID-19ª§Pandemicª§onª§andª§Di?cultiesª§andª§Policyª§Requirementsª§ofª§Listedª§CompaniesQuestionnaire:ª§Financialª§Assetsª§andª§Similarª§Financialª§Assetsª§ofª§Listedª§Companiesª§Questionnaire:ª§Existingª§Technologiesª§andª§Intellectualª§Propertyª§Rightsª§ofª§Listedª§Companies

Questionnaire:ª§Businessª§Conditionsª§ofª§Listedª§Companiesª§duringª§COVID-19ª§PandemicQuestionnaire:ª§Changeª§ofª§Controlª§ofª§Listedª§Companiesª§inª§Shenzhen

Questionnaire:ª§E?ectsª§ofª§Resumptionª§PoliciesQuestionnaire:ª§Taxª§Dataª§forª§Stock-Ownershipª§IncentivesQuestionnaire:ª§Stock-Ownershipª§Incentivesª§ofª§Listedª§CompaniesQuestionnaire:ª§Optimizationª§E?ectª§ofª§Self-regulatoryª§Rulesª§inª§Shenzhen

Questionnaire:ª§Post-Resumptionª§Outputª§Targetª§Achievementª§ofª§andª§

Impactª§ofª§COVID-19ª§onª§Listedª§CompaniesQuestionnaire:ª§Veri?cationª§ofª§Listedª§Companies'ª§Targetedª§Povertyª§Alleviationª§Dataª§inª§theª§Pastª§Threeª§Yearsª§

Questionnaire:ª§Impactª§ofª§Overseasª§Pandemicª§Control,ª§Rawª§

Materialsª§andª§Equipmentª§Supply,ª§andª§Goodsª§&ª§Servicesª§Sellingª§onª§

Productionª§andª§Operationª§ofª§Listedª§Companiesª§andª§theª§Measuresª§

ofª§theª§Companiesª§forª§Respondingª§toª§Globalª§Industrialª§andª§Supplyª§

Chainª§Changesª§Questionnaire:ª§Debtª§Amongª§Listedª§Companiesª§inª§ShenzhenQuestionnaire:ª§Listedª§Companiesª§inª§IndustryQuestionnaire:ª§Impactª§ofª§COVID-19ª§Pandemicª§onª§Listedª§CompaniesQuestionnaire:ª§Cleanª§Governmentª§Reviewª§

Questionnaire:ª§Listedª§Companies'ª§Selfª§Examinationª§andª§Correctionª§

ofª§Fundª§Embezzlementª§andª§Illegalª§GuaranteeStatisticalª§Tableª§ofª§M&Aª§andª§ReorganizationQuestionnaire:ª§Internationalª§Control,ª§Fundª§Embezzlement,ª§Illegalª§Guaranteeª§andª§Otherª§Problemsª§ofª§Listedª§CompaniesQuestionnaire:ª§Investorª§Relationsª§Amongª§Companiesª§Listedª§onª§theª§Shenzhenª§Stockª§Exchangeª§Statisticsª§ofª§Impactª§ofª§COVID-19ª§onª§Listedª§Companies

Chapterª§IIª§ª§Standardª§Governanceª§andª§Promotionª§ofª§Newª§RMBª§10ª§Billionª§Industrialª§Platform

¡ùª§Theª§independentª§directorª§visitedª§theª§lifeª§houseª§ofª§theª§companyª§andª§knownª§theª§productsª§ofª§theª§companyª§¡ù

Ful?llmentª¤ofª¤theª¤independentª¤director'sª¤responsibilitiesª¤andª¤supervisionª¤ofª¤theª¤company'sª¤businessª¤standards

Theª§independentª§director,ª§inª§2020,ª§participatedª§inª§corporateª§governanceª§asª§wellª§asª§theª§workª§ofª§theª§Boardª§ofª§Directorsª§andª§specialª§committees,ª§deliberatedª§theª§company'sª§majorª§events,ª§andª§providedª§opinionsª§onª§relatedª§partyª§transactions,ª§guarantees,ª§investmentª§inª§andª§implementationª§ofª§majorª§events,ª§etc.ª§Dueª§toª§theª§pandemic,ª§theª§companyª§didn'tª§arrangeª§forª§theª§independentª§directorª§toª§personallyª§inspectª§eachª§productionª§baseª§andª§salesª§territoryª§atª§theª§endª§ofª§theª§year.ª§However,ª§theª§independentª§directorª§hasª§understoodª§theª§company'sª§productionª§andª§sales;ª§listenedª§toª§eachª§productionª§base'sª§resumptionª§plan,ª§supply-chainª§allocationª§andª§otherª§information;ª§andª§o?eredª§adviceª§concerningª§theª§company'sª§businessª§operationsª§byª§meansª§ofª§videoª§conferencing,ª§WeChat,ª§telephone,ª§etc.

Strictlyª¤standardizedª¤systemª¤linksª¤fromª¤R&Dª¤toª¤qualityª¤controlª¤forª¤maximumª¤productª¤quality

C&Sª§strivesª§forª§theª§visionª§ofª§"high-qualityª§life,ª§tastefulª§C&S"ª§inª§orderª§toª§provideª§soothing,ª§higher-qualityª§productsª§forª§consumers.ª§Atª§everyª§link--fromª§R&D,ª§procurement,ª§productionª§andª§qualityª§controlª§toª§saleª§andª§delivery--theª§companyª§followsª§strictª§standardsª§asª§itª§pursuesª§innovation,ª§staysª§onª§theª§pathª§fromª§aª§goodª§companyª§toª§aª§greatª§company,ª§andª§meetsª§itsª§responsibilitiesª§asª§aª§providerª§ofª§qualityª§products.ª§

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Report

stockª§code:002511

Productª¤researchª¤andª¤development1.

Researchª§andª§development,ª§orª§R&D,ª§hasª§alwaysª§beenª§partª§ofª§theª§corporateª§DNAª§atª§C&S.ª§Sinceª§itsª§establishment,ª§theª§companyª§hasª§maintainedª§aª§strongª§impetusª§forª§thatª§e?ort.ª§Accordingª§toª§theª§marketª§developmentsª§andª§increasingª§consumerª§demandsª§forª§itsª§products,ª§theª§companyª§hasª§formulatedª§di?erentª§tissueª§papersª§toª§satisfyª§di?erentª§consumers'ª§di?erentª§lifeª§scenarios,ª§includingª§theª§C&Sª§Faceª§water-wettableª§series,ª§C&Sª§Lotionª§moisture-retentionª§series,ª§miniª§packageª§andª§Chuangxinyiª§openª§design,ª§allª§ofª§whichª§haveª§beenª§wellª§receivedª§byª§consumers.ª§Theª§companyª§launchedª§theª§newª§"Sun"ª§paperª§brandª§andª§startedª§toª§implementª§theª§"dual-brand"ª§businessª§policy.ª§Sunª§isª§positionedª§asª§o?eringª§highª§qualityª§andª§costª§performanceª§atª§aª§lowerª§price,ª§andª§consequentlyª§itsª§successª§willª§beª§crucialª§toª§theª§company'sª§increasedª§marketª§share.ª§ª§Theª§companyª§hasª§beenª§activelyª§developingª§newª§productª§categoriesª§byª§usingª§theª§synergisticª§e?ectª§ofª§channels.ª§Soª§far,ª§theª§companyª§hasª§launchedª§theª§"Freshª§Cottonª§Unbleached"ª§softª§cotton-tissueª§series,ª§"Doremi"ª§femaleª§sanitaryª§padª§series,ª§andª§"OKBEBE"ª§diaperª§series,ª§constantlyª§enrichingª§channelª§contentª§andª§improvingª§brandª§e?ects.ª§Inª§responseª§toª§theª§government'sª§call,ª§theª§companyª§hasª§activelyª§takenª§actionsª§toª§produceª§medicalª§masks.ª§Furthermore,ª§inª§theª§forthcomingª§post-pandemicª§period,ª§consumersª§willª§haveª§toª§changeª§theirª§consumptionª§habitsª§duringª§theª§pandemicª§period.ª§Therefore,ª§theª§companyª§hasª§quicklyª§metª§marketª§demandsª§andª§seizedª§everyª§opportunityª§toª§launchª§antimicrobialª§paper,ª§alcohol-disinfectedª§moistª§tissue,ª§disinfectantª§handª§sanitizer,ª§mouthwashª§andª§otherª§productsª§whileª§enhancingª§theª§brandª§e?ectsª§andª§implementingª§aª§diversi?cationª§strategy.ª§

Inª§Septemberª§2020,ª§C&Sª§FACEª§oil-paintingª§seriesª§productsª§wereª§launchedª§asª§high-endª§productsª§ofª§theª§"FACE"ª§series,ª§whichª§areª§thickª§andª§toughª§butª§veryª§softª§uponª§theª§skin.ª§Theyª§alsoª§haveª§beautiful,ª§high-de?nitionª§embossingª§thatª§characterizesª§themª§asª§"artworks"ª§amongª§tissues.

C&Sª¤FACEª¤oil-paintingª¤seriesª¤products

Antimicrobialª§tissueª§andª§toiletª§paperª§seriesª§productsª§wereª§launched.ª§Althoughª§suchª§papersª§areª§usedª§inª§anª§environmentª§contaminatedª§withª§bacteriaª§orª§usedª§toª§wipeª§bacteriaª§inª§dailyª§operations,ª§theyª§canª§remainª§clean.ª§Additionally,ª§thereª§isª§noª§stimulationª§toª§skinª§andª§mucousª§membrane.

Antimicrobialª¤tissueª¤andª¤toiletª¤paperª¤seriesª¤products

Chapterª§IIª§ª§Standardª§Governanceª§andª§Promotionª§ofª§Newª§RMBª§10ª§Billionª§Industrialª§Platform

High-qualityª§medicalª§surgicalª§masksª§areª§produced.ª§Dueª§toª§theirª§"high-e?ciencyª§?ltration,ª§lowª§respiratoryª§resistance,ª§andª§comfortª§ofª§wearing,¡±ª§suchª§masksª§wereª§approvedª§byª§EUª§CEª§andª§U.S.ª§FDA.ª§Third-partyª§laboratoryª§resultsª§fromª§theª§Unitedª§States,ª§theª§E.U.ª§andª§Japanª§haveª§shownª§thatª§theª§productsª§meetª§theª§highestª§qualityª§standardsª§ofª§thisª§regard.

High-qualityª¤medicalª¤surgicalª¤masks

Theª§companyª§launchedª§itsª§antimicrobialª§handª§sanitizer.ª§Itª§canª§e?ectivelyª§restrainª§intestinalª§pathogenicª§bacteriaª§andª§pyogenicª§bacillus.ª§Moreover,ª§itª§containsª§plantª§extractsª§andª§moisturizingª§ingredientsª§thatª§helpª§keepª§theª§skinª§moistª§andª§supple.ª§

Antimicrobialª¤handª¤sanitizer

Inª§2021,ª§careª§productsª§forª§newborns,ª§babiesª§andª§toddlersª§wereª§launched,ª§includingª§diapersª§andª§pull-ups.ª§Theyª§meetª§highª§medicalª§careª§standards,ª§andª§areª§skin-friendly,ª§breathable,ª§dryª§andª§clean,ª§andª§easyª§toª§absorbª§liquid.ª§Theª§companyª§strictlyª§monitorsª§suchª§productsª§withª§sixª§majorª§product-performanceª§indicators,ª§includingª§sensitizedª§microorganismª§testª§andª§production-environmentª§bacteria,ª§andª§makesª§e?ortsª§toª§provideª§aª§safer,ª§moreª§comfortableª§growthª§experienceª§forª§babies.ª§

Careª¤productsª¤forª¤newborns,ª¤babiesª¤andª¤toddlersª¤

Activeª§sanitaryª§padª§packageª§wasª§launchedª§forª§juvenilesª§atª§anª§ageª§ofª§15-25ª§inª§theª§marketª§inª§Juneª§2020.ª§Itª§looksª§small,ª§cuteª§andª§portable,ª§andª§thusª§becameª§aª§leadingª§categoryª§withª§whichª§Doremiª§willª§attractª§newª§consumers.ª§

Activeª¤sanitaryª¤padª¤package

Theª¤supplyª¤chain2.

C&Sª§hasª§beenª§fullyª§andª§closelyª§cooperatingª§withª§suppliers,ª§basedª§onª§mutualª§bene?tª§andª§win-winª§harmony.ª§Inª§theª§company'sª§constantª§e?ortsª§madeª§forª§customers,ª§suppliersª§playª§aª§veryª§importantª§roleª§inª§providingª§high-qualityª§rawª§materialsª§forª§usª§toª§produceª§productsª§inª§lineª§withª§customerª§expectations.ª§Afterª§jointª§e?orts,ª§bothª§sidesª§haveª§establishedª§trustª§relationshipsª§withª§eachª§otherª§soª§thatª§customerª§demandsª§areª§takenª§intoª§accountª§seriously.

Supplierª§management

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Report

stockª§code:002511

C&S'ª§suppliersª§useª§timbersª§fromª§sustainablyª§managedª§forests.ª§Andª§allª§theseª§timbersª§canª§beª§tracedª§andª§obtainedª§fromª§certi?edª§orª§regulatedª§forests.ª§Thisª§ensuresª§legalª§andª§compliantª§forestª§timberª§supplyª§andª§anª§acceptableª§andª§sustainableª§supplyª§chain.ª§Eachª§supplierª§selectedª§byª§theª§companyª§isª§requiredª§toª§haveª§aª§trackingª§systemª§toª§enableª§theª§companyª§toª§traceª§theª§originª§ofª§theª§purchasedª§timbers.ª§

Eachª§supplierª§selectedª§byª§theª§companyª§isª§requiredª§toª§improveª§businessª§operationª§throughª§anyª§certi?edª§managementª§system,ª§suchª§asª§quality,ª§environment,ª§energyª§e?ciencyª§andª§securityª§systems.ª§

Forestª§rejuvenationª§isª§anª§importantª§linkª§inª§theª§sustainableª§developmentª§ofª§forests.ª§Weª§requireª§suppliersª§toª§considerª§theª§environmentalª§valueª§inª§allª§forestryª§measuresª§andª§ensureª§thatª§theª§amountª§ofª§foreignª§growthª§exceedsª§thatª§ofª§forestª§consumption.ª§

Forª§freightª§transport,ª§theª§companyª§selectsª§suppliersª§thatª§excelª§inª§regardª§toª§materialª§trackingª§andª§inventoryª§management.ª§RFIDª§pulpª§trackingª§technologyª§canª§e?ectivelyª§andª§reliablyª§trackª§theª§wholeª§pulpª§transportª§process.ª§Accurateª§real-timeª§trackingª§canª§eliminateª§freightª§errorsª§andª§ensureª§correctª§delivery.ª§Radioª§Frequencyª§Identi?cationª§(RFID)ª§tagª§willª§beª§automaticallyª§appliedª§toª§eachª§pulpª§productionª§unitª§inª§eachª§supplier'sª§factory,ª§toª§ensureª§continuousª§availabilityª§ofª§informationª§requiredª§forª§theª§company'sª§businessª§planning.ª§

Theª§mostª§importantª§rawª§materialª§forª§C&Sª§isª§wood-pulpª§board,ª§soª§itª§selectsª§sustainable,ª§traceableª§rawª§suppliesª§ofª§materials.ª§

Weª§alwaysª§knowª§theª§

originª§ofª§timber.ª§

Weª§haveª§allª§timbersª§legallyª§harvested.ª§

100%ª§FSC?ª§controlledª§timberª§andª§PEFCTMª§

controlledª§sourceª§

Weª§plantª§newª§treesª§inª§allª§harvestingª§areas.

Weª§don'tª§useª§timbersª§fromª§protectedª§areasª§orª§tropicalª§forests.ª§

Weª§haveª§85%ª§ofª§timbersª§certi?edª§(withª§aª§percentageª§ofª§timbersª§certi?edª§worldwideª§ofª§justª§11%)

Weª§stressª§biodiversityª§inª§ourª§operation.ª§

Weª§manageª§forestsª§

byª§meansª§ofª§carbonª§sink.ª§

Weª§activelyª§protectª§theª§waterª§system.

Weª§formulateª§strictª§requirementsª§forª§allª§suppliersª§globallyª§andª§conductª§regularª§reviewª§forª§them.ª§

Forª§theª§supplyª§chain,ª§weª§conductª§end-to-endª§closed-loopª§dataª§managementª§andª§improveª§itª§inª§lineª§withª§majorª§KPIª§indicators:ª§

Supply-chainª§management

Improvementª¤ofª¤salesª¤forecastª¤accuracyª¤rateE?ortsª§areª§madeª§toª§developª§plansª§toª§driveª§demandª§change,ª§setª§upª§goals,ª§andª§conductª§aª§monthlyª§performanceª§rankingª§forª§allª§provincialª§o?ces,ª§whereª§theª§bottomª§performingª§o?cesª§shallª§analyzeª§theª§causeª§andª§undergoª§self-criticism,ª§whileª§theª§topª§performingª§o?cesª§shallª§shareª§theirª§experience.ª§Andª§toª§establishª§aª§PKª§competitionª§mechanismª§withinª§theª§supplyª§chainª§andª§strengthenª§communicationª§andª§trainingª§toª§facilitateª§theª§improvementª§ofª§salesª§forecastª§accuracyª§rate;ª§

Improvementª¤ofª¤order-ful?llmentª¤rate

E?ortsª§areª§madeª§toª§developª§aª§productionª§capacityª§planª§andª§conductª§reasonableª§productionª§allocationª§inª§advanceª§forª§theª§balanceª§ofª§productionª§andª§marketing,ª§proposeª§monthlyª§andª§weeklyª§productionª§andª§marketingª§coordinationª§mechanisms,ª§optimizeª§theª§inventoryª§categoryª§structureª§forª§?nishedª§goods,ª§workª§outª§anª§accurateª§productionª§schedule,ª§improveª§e?ectiveª§safetyª§stockª§ofª§?nishedª§goods,ª§prepareª§productionª§andª§OEMª§supplementsª§inª§advanceª§inª§lineª§withª§theª§paceª§ofª§salesª§andª§theª§productionª§ofª§variousª§typesª§ofª§products,ª§especiallyª§duringª§aª§goodª§start,ª§back-to-schoolª§season,ª§"Juneª§18"ª§festival,ª§andª§"Doubleª§Eleven"ª§festival,ª§andª§strengthenª§e?ectiveª§productionª§andª§marketingª§coordination,ª§andª§meetª§supplyª§requirements;ª§

Chapterª§IIª§ª§Standardª§Governanceª§andª§Promotionª§ofª§Newª§RMBª§10ª§Billionª§Industrialª§Platform

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Report

stockª§code:002511

Reductionª¤ofª¤logisticsª¤expensesE?ortsª§areª§madeª§toª§optimizeª§theª§supplyª§routesª§andª§reduceª§totalª§supplyª§logisticsª§costsª§inª§accordanceª§withª§theª§productionª§capacityª§layoutª§inª§eachª§area.ª§Inª§2020,ª§productsª§inª§someª§areasª§ofª§Anhuiª§Provinceª§wereª§directlyª§shippedª§fromª§Centralª§Chinaª§toª§e?ectivelyª§reduceª§logisticsª§costs.ª§

Dueª§toª§theª§outbreakª§ofª§theª§pandemicª§andª§theª§unilateralª§devaluationª§ofª§goods,ª§annualª§logisticsª§expensesª§inª§2020ª§wereª§basicallyª§theª§sameª§asª§thoseª§inª§2019,ª§ensuringª§achievementª§ofª§theª§company'sª§performanceª§goal.ª§

2020ª§wasª§anª§extraordinaryª§andª§challengingª§year.ª§COVID-19ª§pandemicª§occurred.ª§Nationalª§andª§localª§governmentsª§issuedª§aª§seriesª§ofª§preventionª§andª§controlª§policiesª§toª§stopª§theª§virusª§fromª§spreading.ª§Wuhanª§wasª§lockedª§down.ª§Barriersª§wereª§setª§onª§streetsª§andª§factoryª§accesses,ª§variousª§checkpointª§checksª§wereª§carriedª§outª§forª§logisticsª§andª§distribution,ª§quarantineª§wasª§implemented,ª§etc.ª§Inª§suchª§aª§case,ª§itª§becameª§muchª§moreª§di?cultª§toª§deliverª§products.ª§Afterª§unblockingª§ofª§Wuhanª§onª§Aprilª§8,ª§theª§virusª§infectionª§casesª§wereª§successivelyª§foundª§inª§Xinjiang,ª§Hebei,ª§Heilongjiang...ª§Inª§suchª§circumstances,ª§theª§companyª§activelyª§tookª§countermeasuresª§andª§adjustedª§theª§supplyª§locationª§forª§customersª§inª§Centralª§Chinaª§toª§Southª§Chinaª§toª§ensureª§normalª§supplyª§duringª§theª§pandemic.ª§Toª§ensureª§normalª§delivery,ª§ourª§logisticsª§workersª§riskedª§theirª§livesª§toª§workª§onª§theª§frontª§lines.ª§Duringª§thisª§period,ª§theª§followingª§adjustmentsª§wereª§madeª§inª§termsª§ofª§logistics:ª§

Seekingª§vehiclesª§withª§specialª§noti?cationª§certi?catesª§asª§farª§asª§possibleª§toª§ensureª§smoothª§deliveryª§ofª§goods;ª§

Centrallyª§andª§separatelyª§managingª§vehicleª§driversª§involvedª§inª§deliveryª§duringª§theª§lock-downª§periodª§toª§demonstrateª§humanisticª§careª§andª§takeª§safetyª§precautions;ª§

Issuingª§relevantª§certi?catesª§toª§ensureª§smoothª§accessª§forª§employees;

Conductingª§theª§integratedª§managementª§ofª§logisticsª§andª§warehousing,ª§productionª§andª§marketing,ª§ensuringª§everyª§employeeª§atª§his/herª§ownª§position,ª§keepingª§closeª§contactª§withª§salesmen,ª§andª§ensureª§theª§overallª§smoothª§operation;ª§

Chapterª§IIª§ª§Standardª§Governanceª§andª§Promotionª§ofª§Newª§RMBª§10ª§Billionª§Industrialª§Platform

Optimizationª¤ofª¤productionª¤managementª¤andª¤enhancementª¤ofª¤productª¤quality

3.

Theª§Productionª§Managementª§Departmentª§ofª§theª§companyª§implementsª§theª§"managementª§byª§walkingª§around"ª§strategyª§soª§asª§toª§encourageª§productionª§managersª§toª§personallyª§inspectª§productionª§sites,ª§timelyª§identifyª§anyª§problem,ª§andª§quicklyª§helpª§on-siteª§managersª§inª§theirª§e?ortsª§toª§improve.ª§Dueª§toª§theseª§e?ectiveª§measures,ª§theª§paperª§productionª§e?ciencyª§wasª§increasedª§fromª§90%ª§toª§96%ª§andª§theª§processingª§e?ciencyª§wasª§increasedª§fromª§82%ª§toª§93%.ª§

Managementª§byª§walkingª§around,ª§andª§continuousª§improvementª§

Theª§companyª§encouragesª§innovation.ª§Itª§hasª§developedª§anª§innovationª§mechanismª§toª§continuouslyª§stimulateª§employee'sª§thinking,ª§?ndª§outª§anyª§improvementª§opportunity,ª§e?ectivelyª§improveª§productionª§e?ciency,ª§andª§reduceª§productionª§cost.ª§Inª§2020,ª§thereª§wereª§moreª§thanª§200ª§technicalª§improvementsª§andª§innovationsª§inª§total.ª§Theª§followingª§tableª§showsª§representativeª§innovationsª§inª§variousª§productionª§bases£º

Equipmentª§improvementª§andª§innovation

Theª§adoptionª§ofª§aª§frequencyª§converterª§makesª§itª§possibleª§toª§adjustª§negativeª§pressureª§atª§aª§vacuumª§degree,ª§properlyª§reduceª§theª§frequencyª§accordingª§toª§foldingª§requirementsª§toª§reduceª§powerª§consumption,ª§andª§haveª§aª§quickª§alertª§responseª§inª§caseª§ofª§anyª§frequencyª§converterª§failure.Originally,ª§theª§vacuumª§pumpª§wasª§startedª§byª§starª§delta,ª§itª§wasª§impossibleª§toª§adjustª§negativeª§pressureª§overª§di?erentª§productsª§ofª§theª§foldingª§machine,ª§andª§theª§motorª§wasª§protectedª§withª§thermoª§relay.

Technicalª§improvementª§ofª§theª§vacuumª§pumpª§ofª§theª§nine-rowª§machineª§throughª§frequencyª§conversionª§control

Beforeª¤improvementAfterª¤improvementª¤Projectª¤nameS/N

Theª§coolingª§waterª§fromª§bothª§theª§oilª§stationª§andª§theª§fanª§isª§ledª§intoª§theª§PEOª§dilutingª§tankª§toª§reduceª§theª§temperatureª§ofª§recycledª§waterª§inª§theª§dilutingª§tank,ª§improveª§theª§PEOª§viscosity,ª§andª§reduceª§theª§dosageª§ofª§theª§disperser.

(1)ª§ª¤Cleanª§waterª§wasª§usedª§inª§coolingª§atª§theª§paperª§machineª§oilª§

stationª§andª§?owedª§intoª§whiteª§waterª§pool;ª§

(2)ª§ª¤Theª§coolingª§waterª§fromª§theª§rollingª§bearingª§ofª§theª§fanª§?owedª§

intoª§theª§whiteª§waterª§pool.

Cleanª§waterª§systemª§renovation

Theª§adoptionª§ofª§theª§waterª§panª§ofª§theª§vacuumª§rollerª§reducesª§steamª§consumptionª§andª§improvesª§vehicleª§speed.Onceª§theª§blanketª§passesª§theª§extrusionª§area,ª§theª§waterª§inª§theª§vacuumª§rollerª§holeª§can'tª§beª§cleanedª§awayª§completely,ª§theª§waterª§splashingª§phenomenonª§wasª§serious,ª§theª§paperª§becameª§wetª§againª§andª§thereª§wasª§aª§bubbleª§impressionª§inª§theª§vacuum,ª§thusª§theª§energyª§consumptionª§forª§dryingª§wasª§increased.ª§

Renovationª§ofª§waterª§panª§ofª§vacuumª§roller

Afterª§theª§adoptionª§ofª§theª§directª§productionª§waterª§supply,ª§thisª§pumpª§wasª§stoppedª§andª§annualª§electricityª§feeª§savingª§reachesmoreª§thanª§RMBª§600,000.Theª§processª§pumpª§wasª§usedª§toª§provideª§waterª§forª§theª§gasª§desulfurizationª§systemª§24ª§hours.ª§Anyª§waterª§supplyª§wasª§notª§continuous,ª§exceptª§forª§theª§coolingª§waterª§ofª§theª§circulatingª§pump,ª§soª§thatª§electricityª§wasª§wastedª§andª§equipmentª§partsª§wereª§damagedª§dueª§toª§long-termª§operation.ª§

Directª§productionª§waterª§supplyª§insteadª§ofª§cleanª§waterª§supplyª§forª§gasª§desulfurizationª§system

(1)ª§ª¤Theª§noiseª§ofª§permanentª§magnetª§vacuumª§pumpª§isª§reducedª§toª§

18ª§dB;ª§

(2)ª§ª¤Dailyª§electricityª§savingª§reachesª§24%ª§overall.ª§

(1)ª§ª¤Theª§noiseª§ofª§rootsª§vacuumª§pumpª§isª§extremelyª§greatª§andª§

formsª§anª§occupationalª§hazard;

(2)ª§ª¤Oneª§OKª§tissueª§productionª§lineª§isª§con?guredª§withª§twoª§rootsª§

vacuumª§pumps.ª§Monthlyª§electricityª§consumptionª§isª§50%ª§ofª§theª§totalª§tissue-productionª§electricityª§consumption.ª§ª§

Electricityª§consumptionª§improvementª§ofª§theª§vacuumª§pumpª§ofª§3600ª§tissueª§machine

Onª§theª§basisª§ofª§theª§originalª§productionª§ofª§eightª§orª§10ª§pieces,ª§theª§equipmentª§canª§produceª§aª§seven-pieceª§product.ª§Afterª§theª§improvement,ª§theª§equipmentª§runsª§steadily.ª§Theª§productionª§mayª§beª§changedª§atª§anyª§timeª§ifª§needed,ª§toª§achieveª§theª§improvementª§e?ect.ª§It'sª§impossibleª§toª§produceª§aª§seven-pieceª§productª§withª§currentª§equipmentª§inª§theª§plant.ª§Theª§equipmentª§shouldª§technicallyª§beª§improvedª§andª§theª§productª§structureª§shouldª§beª§enriched.ª§

Theª§seven-pieceª§packagingª§transformationª§ofª§Changdeª§facialª§tissueª§machineª§

Theª§redundantª§concentratedª§waterª§isª§treatedª§throughª§reverseª§osmosisª§again,ª§whichª§savesª§10,710ª§tonsª§ofª§waterª§annually.ª§Inª§theª§preparationª§andª§desalinationª§process,ª§reverseª§osmosisª§generatesª§someª§concentratedª§water,ª§whichª§isª§partlyª§usedª§inª§cleaningª§theª§mechanicalª§?lterª§andª§partlyª§drainedª§away,ª§resultingª§inª§certainª§waste.ª§

Recyclingª§ofª§concentratedª§water

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Report

stockª§code:002511

Beforeª§theª§toughª§clothª§isª§putª§intoª§theª§compressionª§roller,ª§aª§tailª§cutterª§isª§installed,ª§theª§paperª§injectionª§ductª§isª§installedª§onª§theª§knifeª§restª§andª§reelingª§end,ª§theª§paperª§injectionª§stringª§isª§movedª§away,ª§andª§thenª§theª§paperª§isª§injectedª§withª§compressedª§air.ª§Asª§such,ª§theª§operatorª§avoidsª§touchingª§theª§rotatingª§partª§ofª§theª§equipment,ª§andª§theª§frequencyª§ofª§safetyª§accidentª§isª§reduced.Originally,ª§paperª§injectionª§intoª§theª§BF12ª§paperª§machineª§wasª§conductedª§manuallyª§byª§theª§operator.ª§Theª§operatorª§easilyª§touchedª§theª§rotatingª§partª§ofª§theª§equipment,ª§andª§theª§paperª§machineª§ranª§quickly.ª§Inª§suchª§aª§case,ª§aª§safetyª§accidentª§couldª§easilyª§occur.

Technicalª§improvementª§ofª§paperª§injectionª§ofª§BF12ª§paperª§machineª§

Beforeª¤improvementAfterª¤improvementª¤Projectª¤nameS/N

(1)ª§ª¤Anª§airª§ventª§isª§builtª§forª§theª§machineª§chest,ª§aª§fanª§isª§installedª§toª§

achieveª§airª§convection,ª§andª§theª§nozzleª§ofª§theª§pulpª§tankª§isª§technicallyª§improvedª§toª§preventª§pulpª§dropsª§fromª§stickingª§onª§theª§tankª§wallª§soª§thatª§theª§temperatureª§inª§theª§tankª§isª§reduced,ª§theª§opulpª§willª§notª§becomeª§slimeª§anyª§more,ª§andª§theª§qualityª§problemª§isaslved;

(2)ª§ª¤Theª§lowerª§frequencyª§andª§shorterª§timeª§ofª§cleaningª§ofª§theª§pulpª§

tankª§resultª§inª§aª§reductionª§ofª§laborª§intensity.ª§

(1)ª§ª¤Theª§nozzleª§ofª§theª§originalª§pulpª§tankª§isª§relativelyª§short,ª§andª§

theª§greatª§pulpª§impactª§forceª§resultsª§inª§muchª§pulpª§accumulatedª§onª§theª§wallª§andª§hatchª§ofª§theª§tankª§andª§atª§theª§mouthª§ofª§theª§machineª§chest.ª§Theª§pulpª§tankª§isª§anª§independentª§andª§well-sealedª§stainless-steelª§structureª§inª§whichª§theª§temperatureª§isª§veryª§highª§inª§summer.ª§Inª§aª§longª§term,ª§thereª§isª§aª§qualityª§riskª§thatª§theª§pulpª§willª§becomeª§slimeª§andª§generateª§impuritiesª§easily;

(2)ª§ª¤Eachª§time,ª§cleaningª§theª§tankª§andª§removingª§awayª§slimeª§pulpª§

areª§time-consumingª§andª§labor-intensive.ª§ª§

Theª§heatª§dissipationª§atª§theª§mouthª§ofª§andª§improvementª§ofª§slimeª§pulpª§inª§theª§machineª§chest

Theª§full-frequencyª§motorª§isª§replacedª§withª§aª§servoª§motorª§toª§reduceª§theª§frequencyª§asª§perª§theª§correspondingª§vacuumª§degreeª§underª§di?erentª§workingª§conditions.ª§Theª§power-savingª§rateª§afterª§theª§improvementª§isª§12.9%ª§inª§comparisonª§withª§thatª§beforeª§theª§improvement.ª§Itª§isª§poweredª§byª§aª§full-frequencyª§75KWª§motor,ª§butª§theª§frequencyª§can'tª§beª§adjustedª§dueª§toª§productionª§underª§di?erentª§workingª§conditions.ª§

Servoª§improvementª§ofª§theª§vacuumª§pumpª§ofª§theª§tissueª§lineª§foldingª§machineª§

(1)ª§ª¤Twoª§newª§5m?ª§PEª§pulpª§storageª§tanksª§areª§increased,ª§theª§?bersª§

areª§recoveredª§fromª§air-?otationª§machineª§no.ª§2ª§andª§no.ª§5,ª§throughª§theª§technicallyª§improvedª§pipes,ª§andª§toª§theª§pulpª§tank,ª§andª§thenª§withdrawnª§throughª§theª§pulpª§pumpª§toª§theª§KCF,ª§no.ª§3ª§andª§no.ª§4ª§paperª§machines.

(2)ª§ª¤Afterª§theª§technicalª§improvementª§ofª§theª§whiteª§waterª§pipes,ª§itª§

isª§possibleª§toª§reclaimª§whiteª§waterª§fromª§paperª§machineª§nos.ª§1,ª§2,ª§3ª§andª§4ª§throughª§theª§air-?otationª§machineª§nos.ª§2ª§andª§5ª§andª§switchª§theª§whiteª§waterª§pipesª§betweenª§theª§air-?otationª§machinesª§toª§preventª§theª§workshopª§orª§air-?otationª§machineª§fromª§beingª§repairedª§andª§theª§whiteª§waterª§fromª§beingª§drainedª§intoª§theª§trench.

(3)ª§ª¤Basedª§uponª§theª§technicalª§improvementª§forª§?berª§recoveryª§

fromª§air-?otationª§machines,ª§theª§productionª§andª§eco-friendlyª§workshopsª§communicateª§withª§eachª§otherª§toª§reduceª§theª§drainageª§ofª§whiteª§waterª§intoª§theª§trenchª§andª§pumpª§theª§waterª§toª§anª§air-?otationª§machineª§throughª§theª§properª§pipe,ª§soª§thatª§theª§usageª§rateª§ofª§theª§reclaimedª§pulpª§isª§improved.ª§ª§ª§

(1)ª§ª¤Whiteª§waterª§fromª§anyª§papermakingª§workshopª§isª§drainedª§

intoª§theª§trench,ª§andª§theª§?bersª§?owª§alongª§theª§trenchª§andª§intoª§theª§eco-friendlyª§workshopª§toª§treatª§throughª§airª§?otationª§methodª§andª§generateª§wasteª§pulp.ª§

(2)ª§ª¤Theª§whiteª§waterª§isª§mixedª§withª§waterª§inª§theª§trench,ª§andª§itª§isª§

impossibleª§toª§separateª§themª§fromª§eachª§otherª§forª§independentª§treatment.ª§

Technicalª§improvementª§forª§pulpª§reclaimedª§fromª§air-?otationª§machineª§no.ª§2ª§andª§no.ª§5ª§forª§environmentalª§protectionª§inª§Jiangmenª§

Theª§power-savingª§rateª§reachesª§5%.ª§Currently,ª§theª§airª§compressorª§isª§startedª§byª§theª§starª§deltaª§contractorª§atª§aª§signi?cantª§current,ª§whichª§resultsª§inª§electricityª§wasteª§andª§impactsª§theª§networkª§voltage.ª§Andª§itª§isª§unloadedª§underª§aª§pressureª§upª§toª§8KG,ª§whereª§theª§dryª§runningª§ofª§theª§motorª§resultsª§inª§exceptionalª§damageª§toª§motor-bearingª§andª§powerª§consumptionª§dueª§toª§long-termª§operation.ª§

Theª§transformationª§fromª§theª§airª§compressorª§intoª§OPDª§energy-savingª§motorª§

2020ª§wasª§theª§secondª§yearª§ofª§implementationª§ofª§theª§company'sª§secondª§"Five-Yearª§Plan.¡±ª§Inª§theª§year,ª§theª§companyª§enhancedª§itsª§channels.ª§Theseª§areª§Generalª§Tradeª§(GT),ª§E-Commerceª§(EC),ª§Keyª§Accountª§(KA),ª§Awayª§Fromª§Homeª§(AFH),ª§Specialª§Channelª§(SC),ª§andª§Retailª§Channelª§(RC),ª§whichª§provideª§moreª§accurateª§positioningª§servicesª§andª§guideª§consumersª§toª§achieveª§e?ectiveª§results.ª§Theyª§formª§aª§marketingª§networkª§coveringª§aª§majorityª§ofª§prefecture-levelª§(orª§county-level)ª§citiesª§inª§China.ª§Additionally,ª§theª§companyª§implementsª§theª§strategiesª§ofª§directª§saleª§toª§countiesª§andª§distributionª§toª§townsª§toª§continueª§?neª§andª§?atª§marketª§managementª§andª§expandª§theª§networkª§layoutª§forª§distributors.ª§

Jointª¤functioningª¤ofª¤sixª¤majorª¤channelsª¤andª¤expansionª¤ofª¤productª¤andª¤categoryª¤diversi?cationª¤

4.

Chapterª§IIª§ª§Standardª§Governanceª§andª§Promotionª§ofª§Newª§RMBª§10ª§Billionª§Industrialª§Platform

Sixª¤majorª¤channels

ª§ª§ª§ª§ª§ª§ª§ª§EC

ª§ª§ª§ª§ª§ª§ª§ª§RC

ª§ª§ª§ª§ª§ª§ª§ª§GT

ª§ª§ª§ª§ª§ª§ª§ª§AFH

ª§ª§ª§ª§ª§ª§ª§ª§SC

ª§ª§ª§ª§ª§ª§ª§ª§KA

Dueª§toª§theª§outbreakª§ofª§theª§pandemic,ª§theª§supplyª§chainª§wasª§blockedª§inª§2020,ª§andª§greatª§challengesª§happenedª§toª§o?ineª§channels.ª§Theª§companyª§quicklyª§madeª§changesª§inª§accordanceª§withª§consumptionª§habitsª§duringª§theª§pandemic.ª§Whileª§adjustingª§supply-chainª§managementª§andª§ensuringª§stableª§salesª§throughª§o?ineª§channels,ª§theª§companyª§hasª§activelyª§inputª§moreª§resourcesª§onlineª§andª§strengthenedª§theª§layoutª§andª§developmentª§ofª§theª§ECª§channel,ª§withª§relativelyª§remarkableª§ECª§performance.

2020

23456789101112131415161718192021222324252627282930311ÔÂ2ÔÂ3ÔÂ4ÔÂ5ÔÂ6ÔÂ7ÔÂ8ÔÂ9ÔÂ10ÔÂ11ÔÂ

220ª¤Pinduoduoª¤Brandª¤Show

3.8ª¤Goddessª¤Liveª¤Festivalª¤

316ª¤Tmallª¤Superª¤Brandª¤Fair324ª¤JD.COMª¤Brandª¤Seckilling514ª¤Tmallª¤Superª¤Choiceª¤Day

Juhuasuanª¤55ª¤Promotionª¤toª¤beª¤launchedª¤togetherª¤withª¤Uziª¤

JD.COMª¤618Tmallª¤Flagshipª¤Storeª¤"Six-Themeª¤Event"ª¤

Uziª¤Budweiserª¤-ª¤Harbinª¤Beerª¤eventª¤Suningª¤"818"ª¤Activity

Miaoshiyouª¤newª¤productª¤toª¤beª¤launchedª¤onlineª¤

E-commerceª¤liveª¤streamingª¤

byª¤Mr.ª¤Liu

E-commerceª¤liveª¤streamingª¤byª¤Mr.ª¤Daiª¤

Cherryª¤Blossomª¤Festivalª¤activitiesª¤delayedª¤

toª¤Marchª¤dueª¤toª¤theª¤pandemicª¤

Timelineª¤ofª¤e-commerceª¤marketingª¤activities

Thirteenª§marketingª§activitiesª§wereª§conductedª§inª§2020,ª§includingª§twoª§liveª§showsª§withª§featuredª§stars,ª§twoª§IPª§newª§productª§launchª§activities,ª§fourª§platformª§productª§marketingª§activities,ª§threeª§presidentialª§liveª§showsª§andª§aª§jointª§brandª§promotionª§activity.ª§Inª§additionª§toª§regularª§large-scaleª§promotionª§andª§Categoryª§Day,ª§Tmallª§conductedª§theª§55ª§Promotionª§Activityª§inª§2020.ª§

Ourª§o?ineª§dealerª§channelsª§wereª§signi?cantlyª§in?uencedª§byª§theª§pandemicª§inª§2020.ª§Theª§companyª§continuedª§toª§strengthenª§contactª§withª§andª§supportª§forª§dealers,ª§heldª§regularª§exchangeª§meetingsª§forª§dealers,ª§providedª§relevantª§trainingª§forª§dealersª§andª§ensuredª§timelyª§updatesª§inª§regardª§toª§marketª§developments.ª§Theª§companyª§hasª§hoardedª§itsª§productsª§duringª§Springª§Festivalª§toª§ensureª§adequateª§inventory;ª§providedª§masksª§forª§dealers,ª§activelyª§coordinatedª§supply-chainª§allocationª§toª§ensureª§smoothª§logisticsª§asª§farª§asª§possibleª§duringª§theª§pandemic.ª§Weª§alsoª§heldª§dealers'ª§exchangeª§meeting,ª§supportedª§dealers'ª§products,ª§assistedª§dealersª§inª§reasonablyª§arrangingª§theª§productª§marketingª§andª§sellingª§activityª§proportions,ª§relaunchedª§salesª§vehiclesª§inª§stores,ª§graduallyª§recoveredª§andª§improvedª§dealers'ª§pro?tability,ª§andª§strivedª§toª§establishª§mutual-bene?t,ª§harmoniousª§andª§win-winª§newª§cooperationª§relationshipsª§withª§theª§dealersª§duringª§theª§post-pandemicª§period.ª§

GTEª§customerª§exchangeª§meetingª§

forª§theª§Eastª§Chinaª§regionª§

Launchª§meetingª§forª§stockpilingª§inª§theª§Yunnan-Guizhou-Guangxiª§regionª§duringª§Springª§Festival

Launchª§meetingª§forª§dealerª§exchangeª§baseª§forª§stockpilingª§duringª§Springª§Festivalª§inª§theª§Northeastª§Chinaª§regionª§

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Reportstockª§code:002511

Chapterª§IIª§ª§Standardª§Governanceª§andª§Promotionª§ofª§Newª§RMBª§10ª§Billionª§Industrialª§Platform

C&Sª§carefullyª§selectsª§high-qualityª§woodª§pulpª§fromª§aª§globalª§networkª§ofª§sources.ª§Accordingly,ª§rawª§materialsª§comeª§fromª§Northª§America,ª§Southª§America,ª§Europe,ª§Southeastª§Asiaª§andª§elsewhere,ª§andª§itsª§partnersª§haveª§beenª§recognizedª§byª§internationalª§environmentalª§protectionª§organizations.ª§Withª§FSC?ª§andª§COC?ª§(FSC?ª§productionª§andª§marketingª§supervisionª§chain)ª§certi?cations,ª§theª§companyª§pursuesª§healthy,ª§sustainableª§development.ª§C&Sª§hasª§passedª§theª§ISOª§9001ª§quality-managementª§systemª§certi?cation.ª§Itª§hasª§sound,ª§completeª§andª§strictª§managementª§systemsª§andª§operationª§rulesª§forª§allª§linksª§fromª§procurementª§ofª§rawª§materials,ª§monitoringª§overª§theª§productionª§process,ª§checkª§ofª§?nishedª§goods,ª§deliveryª§ofª§products,ª§toª§theª§renderingª§ofª§after-salesª§services.ª§Additionally,ª§theª§companyª§strictlyª§controlsª§andª§supervisesª§all-levelª§workª§toª§ensureª§thatª§consumersª§areª§providedª§withª§high-qualityª§productsª§andª§services.ª§

Qualityª¤managementª¤andª¤customerª¤serviceª¤5.

Launchª§meetingª§forª§newª§FACEª§oil-paintingª§

seriesª§inª§theª§Northª§Chinaª§regionª§

Autumnª§campusª§stockpilingª§andª§key-accountª§exchangeª§meetingª§inª§theª§Southª§Chinaª§region

Dealers'ª§exchangeª§meetingª§inª§theª§Centralª§Chinaª§region

Majorª§meetingª§ofª§dealersª§inª§theª§Northwestª§Chinaª§region,ª§whereª§participantsª§learnedª§

aboutª§Xi'anª§andª§excellentª§dealersª§wereª§

invitedª§toª§shareª§theirª§experiencesª§

"Sanitaryª§Productionª§Symposium"ª§forª§sanitaryª§productª§dealersª§andª§prospectiveª§dealersª§inª§theª§Southwestª§Chinaª§regionª§

Certi?cationª¤Statisticsª¤ofª¤C&Sª¤Paperª¤Co.,ª¤Ltd.ª¤Memberª¤enterpriseª¤

Certi?cationª¤systemISO9001:2015ISO14001:2015ISO45001:2018FSCª¤COC

C&Sª§Paperª§Co.,ª§Ltd.ª§Jiangmenª§C&Sª§Paperª§Co.,ª§Ltd.ª§

C&Sª§(Yunfu)ª§Paperª§Co.,ª§Ltd.ª§C&Sª§(Sichuan)ª§Paperª§Co.,ª§Ltd.ª§Zhejiangª§Zhongshunª§Paperª§Co.,ª§Ltd.ª§C&Sª§(Hubei)ª§Paperª§Co.,ª§Ltd.ª§

Shanghaiª§Huicongª§Paperª§Industryª§Co.,ª§Ltd.ª§C&Sª§Paperª§Co.,ª§Ltd.ª§Tangshanª§Branch

Beijingª§C&Sª§Paperª§Co.,ª§Ltd.ª§C&Sª§Hongª§Kongª§Co.,ª§Ltd.ª§C&Sª§(Macao)ª§Co.,ª§Ltd.ª§Zhongshanª§Zhongshunª§

Tradingª§Co.,ª§Ltd.ª§Zhongª§Shunª§Internationalª§Co.,ª§Ltd.ª§Hangzhouª§C&Sª§Tradingª§Co.,ª§Ltd.ª§

Xiaoganª§C&Sª§Tradingª§Co.,ª§Ltd.C&Sª§(Yunfu)ª§Tradingª§Co.,ª§Ltd.ª§

Theª§companyª§alwaysª§putsª§consumersª§?rst,ª§andª§thereforeª§itª§valuesª§userª§experience.ª§Theª§Qualityª§Managementª§Departmentª§ofª§theª§companyª§wasª§organizedª§inª§orderª§toª§holdª§theª§Qualityª§Evaluationª§Conferenceª§atª§regularª§intervals,ª§evaluateª§productsª§fromª§sixª§majorª§productionª§basesª§inª§aspectsª§fromª§physicalª§andª§chemicalª§indicatorsª§toª§actualª§touchª§feeling,ª§andª§identifyª§areasª§requiringª§improvement.ª§Furthermore,ª§theª§companyª§hasª§beenª§improvingª§andª§perfectingª§customerª§complaintª§channels.ª§Inª§additionª§toª§theª§traditionalª§customerª§complaintª§hotline,ª§itª§hasª§graduallyª§increasedª§theª§marketing,ª§e-commerce,ª§e-consumer,ª§Microblog,ª§WeChat,ª§employee,ª§andª§shoppingª§guideª§channels.ª§Inª§orderª§toª§furtherª§expandª§channelsª§forª§theª§acceptanceª§ofª§complaintsª§fromª§theª§marketplaceª§andª§receiveª§aª§broaderª§rangeª§ofª§opinionsª§andª§suggestionsª§fromª§theª§market,ª§theª§companyª§hasª§o?ciallyª§openedª§itsª§productª§qualityª§complaintª§platformª§(onlyª§forª§C&Sª§employees)ª§throughª§WeChat.ª§Uponª§entry-into-service,ª§thisª§complaintª§platformª§willª§becomeª§anª§e?ectiveª§product-qualityª§supervisionª§platformª§asª§wellª§asª§aª§platformª§forª§directª§contactª§withª§Productionª§andª§Qualityª§Managementª§departments.ª§Therefore,ª§theª§companyª§receivesª§complaintsª§andª§suggestionsª§fromª§customersª§throughª§multipleª§channels,ª§strivesª§toª§understandª§customers'ª§adviceª§onª§productª§defectsª§andª§improvements,ª§andª§givesª§timelyª§feedbackª§toª§theª§R&Dª§andª§Productionª§departmentsª§toª§continuouslyª§improveª§productª§propertiesª§andª§meetª§consumers'ª§usageª§requirements.ª§

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Report

stockª§code:002511

People-Orientedª¤Principleª¤andª¤Employeeª¤Valueª¤Achievementª¤Employeesª§layª§aª§foundationª§forª§anª§enterprise,ª§andª§theirª§growthª§andª§developmentª§formª§anª§impetusª§forª§theª§enterprise'ª§sustainableª§development.ª§Personnelª¤structure

C&Sª§givesª§everyª§singleª§employeeª§anª§equalª§opportunity,ª§fairª§treatmentª§andª§completeª§welfare.ª§Additionally,ª§C&Sª§hiresª§theª§disabled,ª§andª§providesª§jobª§opportunitiesª§forª§moreª§disabledª§people.ª§

Byª§age

18-25ª§ª§ª§6%ª§

25-35ª§ª§ª§40%ª§35-40ª§ª§ª§22%ª§40-45ª§ª§ª§18%ª§45ª§andª§aboveª§ª§ª§14%ª§

2631

1215

1489

Byª§educationalª§background

Middleª§schoolª§andª§belowª§ª§ª§30.7%Bachelorª§degreeª§ª§ª§ª§ª§ª§ª§8.4%ª§Collegeª§degree22.2%Highª§school

22.7%

Postgraduate

0.3%

Technicalª§secondaryª§school15.7%

2035

147115011039

Byª§gender

3218,49%

3400,51%MaleFemale

Whetherª§thereª§areª§disabledª§employeesCurrently,ª§C&Sª§hasª§?veª§disabledª§employees.ª§

Compensationª¤andª¤bene?ts

Theª§companyª§hiresª§employeesª§inª§accordanceª§withª§theª§requirementsª§ofª§nationalª§laborª§lawsª§andª§regulations,ª§signsª§aª§writtenª§laborª§contractª§withª§eachª§employeeª§onª§theª§basisª§ofª§equality,ª§voluntarinessª§andª§consultation,ª§andª§providesª§competitiveª§totalª§compensationª§andª§statuaryª§bene?tsª§forª§eachª§employeeª§inª§lineª§withª§laws.ª§Toª§advocateª§aª§humanizedª§workingª§atmosphere,ª§theª§companyª§preparesª§di?erentª§wishesª§andª§giftsª§forª§ourª§employeesª§inª§everyª§importantª§festivalª§orª§holiday,ª§suchª§asª§Women'sª§Day,ª§Children'sª§Day,ª§Mayª§Dayª§andª§Nationalª§Day.ª§Theª§companyª§alsoª§followsª§everyª§employee'sª§importantª§lifeª§events,ª§holdsª§aª§birthdayª§partyª§forª§everyª§employeeª§eachª§year,ª§andª§givesª§wishesª§andª§giftsª§toª§employeesª§whoª§getª§marriedª§orª§haveª§babies.ª§Theª§variousª§eventsª§helpª§theª§employeesª§andª§theirª§familyª§membersª§feelª§theª§warmthª§ofª§ourª§bigª§family,ª§andª§aª§relaxedª§workª§environmentª§encouragesª§themª§toª§improveª§theirª§lifeª§balanceª§whileª§promotingª§theª§stabilityª§ofª§employeeª§teamsª§soª§asª§toª§ensureª§theª§healthyª§developmentª§forª§theª§companyª§andª§itsª§people.

Chapterª¢III

Julyª§21,ª§2020Themeª§Partyª§Dayª§Campaignª§atª§theª§HQJulyª§31,ª§2020Armyª§Dayª§eventAugustª§6,ª§2020Floricultureª§trainingª§andª§groupª§photoAugustª§22,ª§2020Parents-childª§Funnyª§Campaignª§ofª§THEª§PAPERª§HOUSEª§forª§"Cleaningª§andª§Softª§Careª§forª§Babyª§"Augustª§22,ª§2020Outwardª§Boundª§Programª§ofª§Chiefª§CampSeptemberª§28,ª§2020Mid-Autumnª§Festivalª§Gardenª§PartySeptemberª§14,ª§2020Theª§Firstª§Tableª§Ballª§Competitionª§Mid-Autumnª§Festivalª§CelebrationSeptemberª§30,ª§2020

Octoberª§26,ª§2020Employees'ª§birthdayª§partyª§inª§Octobe

Headquarters

Hubeiª§C&Sª§HeadquartersHeadquartersZhejiangª§C&SHeadquartersHubeiª§C&STangshanª§BranchSichuanª§C&S

Activityª¤contentsª¤AreaDateª¤

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Report

stockª§code:002511

Creatingª¤aª¤comfortableª¤living/workingª¤environmentª¤forª¤employeesª¤

Theª§?rstª§table-tennisª§competitionª§

atª§theª§Hubeiª§base

Armyª§Dayª§eventª§atª§theª§Hubeiª§base

Employee'sª§birthdayª§partyª§

atª§theª§Sichuanª§base

Mid-Autumnª§Festivalª§celebrationª§

atª§theª§Tangshanª§baseª§

Outwardª§Boundª§"Chiefª§Camp"ª§programª§atª§theª§Zhejiangª§baseª§

Chapterª§IIIª§ª§People-Orientedª§Principleª§andª§Employeeª§Valueª§Achievementª§

Mid-Autumnª§Festivalª§gardenª§partyª§atª§HQ

Themeª§Partyª§Dayª§campaignª§atª§HQ

Beachª§volleyballª§competitionª§

forª§theª§Northª§Chinaª§regionParent/childª§funª§campaignª§ofª§THEª§PAPERª§HOUSEª§forª§"Cleaningª§

andª§Softª§Careª§forª§Baby"ª§atª§HQª§

Team-buildingª§campaignª§forª§theª§Eastª§Chinaª§region

Team-buildingª§campaignª§forª§

theª§Southª§Chinaª§region

Outwardª§Boundª§programª§forª§theª§Southwestª§Chinaª§region

Sta?ª¤training

Theª§company,ª§inª§2020,ª§hasª§furtherª§improvedª§itsª§trainingª§system.ª§Theª§company'sª§trainingª§programsª§coverª§variousª§trainingª§coursesª§thatª§involvesª§completeª§sequence,ª§allª§jobs,ª§multipleª§typesª§andª§forms,ª§withª§theª§aimª§ofª§helpingª§employeesª§toª§realizeª§growthª§andª§development.ª§Itª§hasª§improvedª§theª§comprehensiveª§capabilityª§andª§qualityª§ofª§employeesª§fromª§theª§aspectsª§ofª§macroeconomicsª§andª§nationalª§policyª§toª§corporateª§strategy,ª§standardizedª§governance,ª§?nancialª§managementª§andª§talentª§management,ª§soª§thatª§newª§employeesª§canª§smoothlyª§integrateª§withª§theª§companyª§throughª§systematic,ª§professionalª§training.ª§Theª§companyª§hasª§establishedª§production-safetyª§andª§managementª§systems,ª§throughª§whichª§itª§hasª§conductedª§investigationª§andª§treatmentª§inª§regardª§toª§hazards.ª§Itª§hasª§improvedª§theª§occupationalª§healthª§andª§safetyª§educationª§andª§trainingª§ofª§employees,ª§andª§obtainedª§certi?cationª§underª§theª§QHSAS18001ª§occupationalª§healthª§andª§safety-managementª§system.ª§Theª§companyª§hasª§regularlyª§organizedª§theª§safetyª§productionª§meetings,ª§conductedª§emergencyª§drills,ª§?re-safetyª§trainingª§andª§otherª§activities,ª§andª§purchasedª§variousª§laborª§protectionª§articlesª§forª§employeesª§inª§aª§timelyª§manner,ª§toª§ensureª§theirª§safetyª§duringª§productionª§andª§relatedª§work.ª§

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Report

stockª§code:002511

Participantª¤Trainingª¤Contentsª¤Area

Contentª¤ofª¤Training

Systemª§liaisonª§o?cersª§ofª§variousª§departmentsª§

+ª§regionalª§ISOª§systemª§specialistsª§Document-managementª§methodsª§andª§skillsª§Headquartersª§

Numberª¤ofª¤Participantsª¤

Personnelª§ofª§Purchasingª§+ª§QCª§Dailyª§qualityª§managementª§requiredª§ofª§suppliersHeadquartersª§

Financeª§Departmentª§clerk

Projectª§Tenderingª§System,ª§Supplierª§Managementª§System,ª§Purchasingª§Managementª§System,ª§Noticeª§onª§Managementª§Reminderª§andª§Standardizedª§Operationª§forª§Principlesª§ofª§2019ª§Annualª§Financialª§Summaryª§Conference,ª§Managementª§Systemª§forª§Qualityª§Auditª§andª§Performanceª§Evaluationª§ofª§Suppliers,ª§Implementationª§Planª§ofª§Excellentª§Teamª§inª§2020,ª§Financialª§Trainingª§onª§Logisticsª§Sign-o?ª§System,ª§Managementª§Systemª§forª§Qualityª§Auditª§andª§Performanceª§Evaluationª§ofª§Suppliers,ª§Managementª§Systemª§forª§Rewardª§andª§Punishmentª§ofª§Quality,ª§Purchasingª§Priceª§Veri?cationª§Managementª§System,ª§Managementª§Systemª§ofª§EASª§Basicª§Data,ª§Trainingª§onª§Financialª§Work?owª§Design,ª§Discountª§Trainingª§inª§2020,ª§Logisticsª§Distributionª§Managementª§System,ª§Trainingª§onª§Practicalª§Applicationª§ofª§VATª§Invoice,ª§Managementª§Systemª§ofª§Outsourcingª§Products,ª§Travel-Expenseª§Systemª§forª§Businessª§Personnelª§andª§Sta?sª§(Newª§Editionª§inª§Mayª§2020),ª§ERPª§Managementª§System,ª§Managementª§Systemª§ofª§Cashierª§Work,ª§Managementª§Systemª§forª§Sprnagementª§System,ª§Managementª§Systemª§forª§Oaterialsª§andª§Gifts,ª§Advertisingª§Materiasª§aMastem,ª§Accountabilityª§Systemª§forª§Salesª§oª§Endª§aMystem,ª§Per-Capitaª§Indexª§Analysisª§Managmentª§aSyalysisª§Managementª§System,ª§Loanª§Manageentª§aSnnagementª§Systemª§ofª§theª§company,ª§Purchasngª§aAaorª§Managementª§System,ª§Internalª§Dtaª§aMdnancialª§Analysisª§Managementª§System,ª§Prouctª§aOistemª§forª§Accessª§andª§Rejectionª§ofª§Suppier,ª§aFyri?cationª§ofª§Purchasingª§Price,ª§Managmentª§aSensumptionª§Customer,ª§Managementª§systemª§frª§aVorehouse,ª§Creditª§Systemª§forª§Commercialª§Caotª§Checkª§Duringª§Unpackingª§ofª§Productª§inaWderingª§ofª§Airª§andª§Railª§Tickets,ª§andª§Managementª§Systemª§forª§Charityª§Aidª§ofª§C&Sª§Paperª§

Headquartersª§3599

Information-basedª§factoryª§personnelEASª§trainingª§Headquartersª§

Systemª§liaisonª§o?cersª§ofª§variousª§departmentsª§

+ª§regionalª§ISOª§systemª§specialistsª§Introductionª§ofª§auditingª§skillsª§andª§methodsª§Headquartersª§

(Group)ª§Marketª§+ª§R&Dª§+ª§Logistics

ª§+ª§Purchasingª§+ª§SalesAnalysisª§andª§resolutionª§ofª§commonª§customerª§complaintsHeadquartersª§

Regionalª§generalª§manager,ª§marketingª§generalª§manager,ª§channelª§directorª§andª§marketingª§planningª§directorManagementª§ofª§signi?cantª§sales-expenseª§risksHeadquartersª§

Productª§managerª§+ª§designerª§Briefª§introductionª§toª§copywritingª§identi?cationª§

ofª§productª§packagingª§Headquartersª§

Engineeringª§directorª§andª§projectª§managerManagementª§ofª§engineeringª§riskª§Headquartersª§

Chapterª§IIIª§ª§People-Orientedª§Principleª§andª§Employeeª§Valueª§Achievementª§

Auditª§DepartmentAuditª§trainingHeadquartersª§

Maintenanceª§workerª§ofª§stereoscopicª§warehouseOperationª§trainingª§forª§outgoingª§areaª§ofª§stereoscopicª§warehouse,ª§safety-managementª§trainingª§ofª§stereoscopicª§warehouseª§andª§WMSª§systemª§operationª§ofª§stereoscopicª§warehouseª§Hubeiª§C&Sª§

Participantª¤Trainingª¤Contentsª¤Area

Numberª¤ofª¤Participantsª¤

Squadª§leaderª§andª§aboveTrainingª§onª§accountingª§andª§paymentª§ofª§personalª§incomeª§tax,ª§quali?cationª§trainingª§ofª§ISOª§three-systemª§internalª§auditor,ª§comprehensiveª§emergency-planª§training,ª§TTTª§training,ª§trainingª§onª§third-orderª§systemª§ofª§theª§occupationalª§healthª§system,ª§structuredª§thinkingª§andª§expression,ª§andª§standardª§trainingª§onª§2020ª§pest-controlª§summaryª§&ª§productionª§environmentalª§hygieneª§Hubeiª§C&Sª§

Chiefª§ofª§paperª§machineª§andª§formerª§processª§

qualityª§controllerª§Processª§controlª§standardHubeiª§C&S

Warehouseª§keeperª§ofª§semi-?nishedª§goodsª§Materialª§receivingª§andª§dispatchingª§process,ª§andª§operationª§trainingª§ofª§ERPª§systemª§documentationª§Hubeiª§C&S

allª§operatorsª§andª§personnelª§aboveª§theª§chiefª§

levelª§inª§theª§formerª§processª§andª§subsequentª§

process;ª§QCª§o?cerª§Hand-feelª§testª§andª§trainingª§onª§frontsª§andª§backª§identi?cationª§ofª§paper,ª§hand-feelª§testª§andª§equipmentª§managementª§Hubeiª§C&S

Electriciansª§andª§maintenanceª§workersª§Trainingª§onª§safeª§operationª§ofª§equipmentª§andª§commonª§faultsª§ofª§equipmentª§inª§theª§stereoscopicª§warehouseª§Hubeiª§C&S

Papermakingª§andª§environmentalª§protectionª§

personnelª§Safetyª§trainingª§andª§drillsª§forª§operationª§inª§

con?nedª§spacesHubeiª§C&S

Electricianª§ofª§M&Eª§Department

Safetyª§operationª§andª§maintenanceª§trainingª§forª§completeª§setsª§ofª§highª§andª§lowª§voltageª§equipment,ª§CADª§training,ª§specialª§operationª§safetyª§training,ª§dryerª§training,ª§troubleshootingª§andª§maintenanceª§ofª§water-cooledª§airª§conditioners,ª§safety-managementª§training,ª§DCSª§operationª§ofª§papermakingª§machines,ª§DCSª§trainingª§forª§desulfurizationª§andª§de-nitration,ª§trainingª§onª§handlingª§methodsª§forª§commonª§faultª§ofª§frequencyª§converter,ª§handlingª§methodsª§forª§commonª§faultª§ofª§softª§starter,ª§equipmentª§maintenanceª§training,ª§andª§usageª§ofª§commonª§?re-?ghtingª§equipment

Hubeiª§C&Sª§

Allª§departmentª§employeesª§OJTª§trainingª§ofª§3600ª§Workshopª§andª§Facialª§Tissueª§Workshop,ª§trainingª§ofª§Excelª§o?ceª§software,ª§OJTª§trainingª§ofª§pre-process,ª§OJTª§trainingª§ofª§Tissueª§Workshop,ª§Boilerª§Workshopª§andª§Rewindingª§Workshopª§Hubeiª§C&S

Allª§factoryª§employeesª§afetyª§educationª§andª§trainingª§forª§resumptionª§ofª§workª§andª§production,ª§certi?cationª§trainingª§forª§?rst-aider,ª§?re-safetyª§theoryª§andª§practicalª§training,ª§andª§trainingª§forª§monthly,ª§weeklyª§andª§dailyª§productionª§schedulingHubeiª§C&S

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Reportstockª§code:002511

Participantª¤Trainingª¤Contentsª¤Area

Employeesª§ofª§formerª§process

Trainingª§forª§theª§pulper'sª§intelligentª§controlª§system,ª§trainingª§inª§theª§intelligentª§controlª§systemª§ofª§pulpª§grinding,ª§principleª§trainingª§inª§theª§chemicalsª§usedª§inª§papermaking,ª§vacuum-rollerª§training,ª§OJTª§training,ª§trainingª§inª§theª§winding-controlª§systemsª§ofª§papermakingª§machines,ª§BTGª§scraperª§training,ª§trainingª§inª§qualityª§knowledgeª§andª§testingª§techniques,ª§trainingª§inª§theª§?nished-productª§qualityª§standard,ª§trainingª§inª§magnetic-suspensionª§vacuumª§pumpª§equipment,ª§commonª§faultsª§andª§treatmentª§methodsª§ofª§electromechanicalª§instrumentsª§forª§papermaking,ª§andª§trainingª§inª§theª§papermakingª§processª§andª§chemicalª§theoryª§

Hubeiª§C&S

Numberª¤ofª¤Participantsª¤

Allª§employeesª§ofª§Logisticsª§Departmentª§Warehousing-managementª§safetyª§trainingHubeiª§C&S

Traineesª§ofª§Mentorshipª§Programª§andª§Jumpstartª§Program,ª§managers,ª§supervisors,ª§squadª§leadersª§andª§humanª§resourcesª§sta?sª§ofª§variousª§workshopsExcelª§skillsª§andª§functionª§application,ª§project-reviewª§training,ª§timeª§management,ª§Q&Aª§forª§companyª§rules,ª§regulationsª§andª§laborª§laws,ª§andª§?shbowlª§meetingsª§Hubeiª§C&S

Workshopª§manager,ª§supervisor,ª§squadª§leaderª§

andª§statisticsTrainingª§onª§accountingª§andª§analysisª§ofª§costs,ª§pestª§controlª§training,ª§andª§squad-leaderª§capability-enhancementª§trainingª§Hubeiª§C&S

Allª§employeesª§ofª§administrationª§

+ª§sta?ª§restaurantTrainingª§onª§emergencyª§treatmentª§ofª§

foodª§poisoningHubeiª§C&S

Allª§employeesª§ofª§boilerª§workshopª§Operationª§proceduresª§forª§desulfurizationª§systemª§ofª§dustª§remover,ª§safetyª§proceduresª§forª§de-nitrationª§system,ª§operationª§trainingª§onª§DCSª§forª§theª§boiler,ª§DCSª§operationª§ofª§desulfurizationª§andª§de-nitrationª§system,ª§boilerª§emergencyª§plan,ª§applicationª§andª§safetyª§ofª§hydrochloricª§acid,ª§andª§proceduresª§forª§second-stageª§circulatingª§?uidizedª§bedª§boilerª§Hubeiª§C&S

Allª§employeesª§ofª§workshopOJTª§training,ª§typicalª§work-relatedª§injuryª§casesª§andª§identi?cationª§ofª§on-siteª§hazards,ª§hand-feelª§test,ª§maintenanceª§andª§commissioningª§ofª§rewindingª§andª§theª§Soontrueª§packingª§machine,ª§trainingª§onª§waterª§treatment,ª§trainingª§onª§?veª§majorª§riskª§operationª§systemsª§andª§precautionsª§forª§operationª§safety,ª§trainingª§onª§drivingª§safetyª§operationª§andª§emergencyª§disposal,ª§skillª§trainingª§andª§hand-feelª§testª§Hubeiª§C&S1512

Allª§employeesª§ofª§Logisticsª§Departmentª§Trainingª§inª§theª§operationª§andª§safetyª§ofª§

stereoscopicª§warehouseª§equipmentª§Hubeiª§C&S

Allª§employeesª§ofª§Productionª§Planningª§

Departmentª§Coordinationª§ofª§productionª§andª§sales,ª§managementª§systemsª§forª§sluggish/decreasingª§salesª§ofª§packingª§materialsª§andª§trainingª§inª§theª§operationª§speci?cation,ª§andª§formulationª§ofª§monthlyª§capacityª§analysisª§andª§supplyª§planª§Hubeiª§C&S

Employeesª§andª§operatorsª§ofª§3600ª§workshopª§3600ª§tissueª§qualityª§training,ª§OKª§bundle-packingª§machineª§training,ª§skillsª§andª§commissioningª§trainingª§ofª§OKª§bundle-packingª§machine,ª§trainingª§onª§identi?cationª§ofª§machineª§hazardsª§andª§safetyª§operationª§process,ª§folding-machineª§skillª§trainingª§andª§OJTª§practicalª§trainingHubeiª§C&S

Chapterª§IIIª§ª§People-Orientedª§Principleª§andª§Employeeª§Valueª§Achievementª§

Participantª¤Trainingª¤Contentsª¤Area

Traineesª§ofª§Eagleª§Programª§andª§Eyasª§Programª§Howª§toª§holdª§aª§pre-shiftª§meeting,ª§identi?cationª§andª§controlª§ofª§riskª§factors,ª§primary-levelª§managementª§training,ª§PPTª§skillª§training,ª§timeª§management,ª§on-siteª§managementª§practiceª§training,ª§e?cientª§communication,ª§trainingª§onª§sevenª§majorª§techniquesª§ofª§QC,ª§manager'sª§roleª§cognitionª§andª§Excelª§skillª§trainingª§Hubeiª§C&S

Numberª¤ofª¤Participantsª¤

Trainingª§ofª§safetyª§managementª§rules,ª§correctª§understandingª§ofª§theª§occupationalª§hazardsª§inª§workshopsª§asª§wellª§asª§theª§preventionª§andª§controlª§measuresª§Hubeiª§C&Sª§

Supervisorª§andª§aboveCorporateª§culture,ª§paperª§productsª§andª§productª§knowledge,ª§professionalª§quality,ª§5S,ª§equipmentª§maintenance,ª§personnelª§rulesª§andª§regulations,ª§safetyª§andª§qualityª§Hubeiª§C&Sª§

Newª§recruitsPersonnelª§ofª§Warehousingª§andª§

Logisticsª§DepartmentTrainingª§onª§automaticª§warehouseª§systemHubeiª§C&S

Sta?ª§ofª§Materialsª§andª§Equipmentª§Departmentª§Operationª§processª§ofª§systemª§documentsª§forª§variousª§positionsª§inª§auxiliaryª§materialª§warehouseHubeiª§C&S

Phaseª§IIª§formerª§processª§+ª§QCª§employeesHand-feelª§testª§Hubeiª§C&S

Employeesª§ofª§subsequentª§processProductª§standardsª§andª§requirementsª§Jiangmenª§C&Sª§

Operationª§trainingª§regardingª§theª§3600ª§tissueª§rollª§machine,ª§kitchen-towel-rollª§machine,ª§bundle-packingª§machine,ª§newª§kitchen-towel-rollª§machineª§andª§rewindingª§machine,ª§commissioningª§trainingª§ofª§3-Dª§embossingª§units,ª§W+Dª§skillª§operationª§training,ª§operationª§skillª§trainingª§ofª§newª§miniª§facialª§tissueª§machine,ª§trainingª§ofª§hiddenª§troubleshootingª§investigationª§forª§equipment,ª§trainingª§inª§safeª§equipmentª§operation,ª§andª§operationª§skillª§trainingª§ofª§singleª§packingª§machine.ª§Jiangmenª§C&Sª§

Chief,ª§operatorª§andª§packer

Squadª§leader,ª§chief,ª§operator,ª§

packerª§andª§supervisorª§

Trainingª§onª§anti-mosquitoª§managementª§andª§dustª§prevention,ª§trainingª§onª§papermakingª§processª§andª§keyª§controlª§points,ª§trainingª§inª§safeª§craneª§operation,ª§trainingª§onª§start-upª§andª§shutdownª§operationª§processª§ofª§papermakingª§machines,ª§dryerª§coatingª§establishmentª§andª§scraperª§usage,ª§hand-feelª§test,ª§on-siteª§environmentalª§managementª§training,ª§safety-managementª§systemª§training,ª§typicalª§qualityª§cases,ª§IEª§improvementª§techniquesª§andª§practicalª§applications,ª§change-pointª§management,ª§correctionª§andª§preventionª§ofª§commonª§paperª§defects,ª§andª§trainingª§inª§causeª§analysisª§andª§paper-defectª§controlª§methods

Jiangmenª§C&S

High-risk-operationª§safetyª§training,ª§equipment-lubricationª§managementª§training,ª§non-standardª§sketchª§drawingª§training,ª§equipmentª§vibrationª§faultª§test,ª§commonª§troubleshootingª§training,ª§Siemensª§S7-300/400ª§PLCª§applicationª§andª§faultª§diagnosisª§technologyJiangmenª§C&Sª§

Mechanicalª§technicianª§andª§electricianª§

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Reportstockª§code:002511Participantª¤Trainingª¤Contentsª¤Area

Warehouseª§squadª§leaderª§andª§

warehouseª§manager

Trainingª§forª§theª§pulper'sª§intelligentª§controlª§system,ª§trainingª§inª§theª§intelligentª§controlª§systemª§ofª§pulpª§grinding,ª§principleª§trainingª§inª§theª§chemicalsª§usedª§inª§papermaking,ª§vacuum-rollerª§training,ª§OJTª§training,ª§trainingª§inª§theª§winding-controlª§systemsª§ofª§papermakingª§machines,ª§BTGª§scraperª§training,ª§trainingª§inª§qualityª§knowledgeª§andª§testingª§techniques,ª§trainingª§inª§theª§?nished-productª§qualityª§standard,ª§trainingª§inª§magnetic-suspensionª§vacuumª§pumpª§equipment,ª§commonª§faultsª§andª§treatmentª§methodsª§ofª§electromechanicalª§instrumentsª§forª§papermaking,ª§andª§trainingª§inª§theª§papermakingª§processª§andª§chemicalª§theoryª§

Jiangmenª§C&Sª§

Numberª¤ofª¤Participantsª¤

OperatorTrainingª§inª§theª§operationª§skillsª§ofª§four-colorª§napkin,ª§operationª§ofª§fullª§embossingª§equipmentª§ofª§3600ª§tissueª§rollª§machine,ª§andª§Songchuanª§singleª§packingª§machineª§Jiangmenª§C&Sª§

Financialª§sta?,ª§departmentª§headsª§andª§clerksª§

Expenseª§Withholdingª§Managementª§System,ª§Noticeª§onª§Managementª§Reminderª§andª§Standardizedª§Operationª§forª§Principlesª§ofª§Annualª§Financialª§Summaryª§Conference,ª§Managementª§Systemª§forª§Team-Buildingª§Expenses,ª§Trainingª§onª§Salesª§Managementª§ofª§Wasteª§Materials,ª§Sta?ª§Travelª§Managementª§System,ª§Loanª§Managementª§System,ª§Usageª§Publicityª§ofª§VATª§Invoice,ª§Fundª§Planningª§Training,ª§Fixed-Assetª§System,ª§Easyª§Reimbursementª§Systemª§Training,ª§andª§Expenseª§Reimbursementª§andª§Invoiceª§Veri?cationª§Managementª§Systemª§

Jiangmenª§C&Sª§

Managers,ª§supervisors,ª§qualityª§controlª§sta?ª§

andª§workshopª§statisticsª§Excelª§orientationª§training,ª§instrumentª§operationª§andª§self-calibration,ª§laboratoryª§managementª§regulations,ª§typicalª§non-conformityª§ofª§packagingª§materials,ª§overviewª§ofª§quality-managementª§system,ª§identi?cationª§andª§causeª§analysisª§ofª§paperª§defectsª§Jiangmenª§C&Sª§

Forkliftª§DriverForkliftª§safetyª§trainingª§Jiangmenª§C&Sª§

Full-timeª§andª§part-timeª§securityª§administratorCommonª§EHSª§lawsª§andª§regulations,ª§Redª§Crossª§?rst-aidª§training,ª§andª§intrinsicª§safetyª§Jiangmenª§C&Sª§

Manager,ª§supervisor,ª§squadª§leaderª§Trainingª§inª§safetyª§regulations,ª§e?cientª§teamª§management,ª§accidentª§caseª§safetyª§training,ª§drillª§trainingª§ofª§?reª§safetyª§emergencyª§plan,ª§improvementª§ofª§managementª§skillsª§forª§safetyª§onª§theª§productionª§site,ª§trainingª§inª§occupationalª§health,ª§managerª§coreª§leadershipª§andª§improvementª§ofª§managementª§skills,ª§trainingª§onª§interpretationª§ofª§ISO9001ª§systemª§clause,ª§trainingª§onª§lawsª§andª§regulationsª§ofª§environmentalª§protection,ª§andª§qualityª§awarenessJiangmenª§C&Sª§

Workshopª§employeesFire-?ghtingª§equipmentª§trainingJiangmenª§C&Sª§

Employeesª§ofª§tissueª§workshopOn-siteª§5Sª§managementª§trainingJiangmenª§C&Sª§

Rewindingª§employeesª§Trainingª§onª§qualityª§standardª§ofª§rewindingSichuanª§C&S

Chapterª§IIIª§ª§People-Orientedª§Principleª§andª§Employeeª§Valueª§Achievementª§

Participantª¤Trainingª¤Contentsª¤Area

Warehouseª§keeperFIFOª§(First-inª§andª§?rst-out)ª§management,ª§5Sª§ofª§semi-?nishedª§productsª§andª§visual-basedª§?eldª§management,ª§trainingª§inª§theª§Materialsª§andª§Equipmentª§Department'sª§qualityª§system,ª§troubleshootingª§ofª§stereoscopicª§warehouse,ª§andª§trainingª§inª§managementª§knowledgeª§ofª§hazardousª§chemicalsª§Sichuanª§C&Sª§

Numberª¤ofª¤Participantsª¤

Correctionª§ofª§paperª§defects,ª§OJTª§trainingª§forª§theª§Dechangª§2850ª§rewinder,ª§OJTª§trainingª§forª§TTª§paperª§machine,ª§OJTª§trainingª§forª§X7ª§rewinder,ª§OJTª§trainingª§forª§2700/3600ª§slittingª§machine,ª§OJTª§trainingª§forª§BFª§12Tª§paperª§machine,ª§OJTª§trainingª§forª§Korberª§3600ª§rewinder,ª§OJTª§trainingª§forª§BFª§12Tª§paperª§machine,ª§OJTª§trainingª§forª§nine-rowª§machines,ª§OJTª§trainingª§forª§theª§Dechangª§3600ª§rewinder,ª§3600ª§OKª§machine/2860OJTª§training,ª§1800OJTª§training,ª§OJTª§trainingª§forª§TK10ª§squareª§tissue,ª§andª§OJTª§trainingª§forª§facialª§tissueª§Sichuanª§C&Sª§

Chief,ª§assistantª§worker,ª§steelª§grindingª§operator,ª§pulpª§grindingª§operator,ª§pulpingª§operator,ª§operator,ª§andª§packerª§

Allª§employeesTrainingª§onª§work-relatedª§injuryª§cases,ª§?reª§safetyª§

drillsª§andª§?rst-aidª§trainingSichuanª§C&Sª§1256Trainingª§onª§PPTª§basicª§productionª§skills,ª§e?ciencyª§improvementª§andª§caseª§sharing,ª§teamª§managementª§skills,ª§generalª§managementª§tools,ª§includingª§PDCA,ª§timeª§management,ª§basicª§productionª§skillsª§ofª§PPT,ª§andª§workshopª§teamª§managementª§Sichuanª§C&Sª§

Traineesª§ofª§Starterª§andª§Explorerª§Programª§

Squadª§leaderª§andª§aboveTrainingª§inª§managementª§ofª§workshop,ª§pestª§control,ª§creatingª§charmingª§trainers,ª§curriculumª§designª§andª§developmentª§Sichuanª§C&Sª§

Specialª§equipmentª§training,ª§operationª§trainingª§forª§safetyª§ofª§maintenanceª§workersª§andª§electricians,ª§craneª§safetyª§operation,ª§abnormalª§treatmentª§ofª§electricª§cabinetsª§andª§transformers,ª§andª§equipmentª§maintenanceSichuanª§C&Sª§

Maintenanceª§workers,ª§electricians,ª§boilers,ª§

liftingª§equipmentª§andª§pressureª§vesselsª§

Operator,ª§chiefª§andª§packerª§OJTª§trainingª§forª§BF10ª§paperª§machine,ª§OJTª§trainingª§forª§Quanliª§2800/3600ª§OKª§machine,ª§OJTª§trainingª§forª§nine-rowª§machinesª§andª§qualityª§standardª§trainingª§Sichuanª§C&Sª§

Tissueª§employeesª§Trainingª§inª§tissueª§qualityª§standardsª§Sichuanª§C&Sª§

Papermakingª§andª§slittingª§employeesª§Trainingª§inª§papermaking/slittingª§qualityª§standardsSichuanª§C&Sª§

HRª§o?cerª§Trainingª§inª§theª§ISOª§quality-managementª§systemSichuanª§C&Sª§

Squadª§leaderª§andª§managerª§ofª§workshopTrainingª§inª§5Sª§visual-basedª§managementSichuanª§C&Sª§

Employeesª§ofª§theª§M&Eª§DepartmentTrainingª§inª§theª§M&Eª§Department'sª§qualityª§systemSichuanª§C&Sª§

Water-treatmentª§workersª§andª§boilerª§operatorª§Emergencyª§trainingª§forª§drowningª§accidents;ª§OJTª§

trainingª§forª§boilerª§andª§waterª§treatmentª§Sichuanª§C&Sª§

Steelª§grindingª§operatorª§andª§pulpingª§operatorOJTª§trainingª§forª§theª§TTª§paperª§machineSichuanª§C&Sª§

Departmentª§HeadSafetyª§managementª§system,ª§environmentalª§

managementª§/ISO45001ª§systemsSichuanª§C&Sª§

Newª§recruitsNew-employeeª§orientationª§Sichuanª§C&Sª§

Employeeª§involvedª§inª§theª§occupationalª§

diseaseª§hazardsOccupationalª§healthSichuanª§C&Sª§

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Reportstockª§code:002511

Participantª¤Trainingª¤Contentsª¤Area

Relevantª§personnelFire-safetyª§trainingSichuanª§C&S

Numberª¤ofª¤Participantsª¤

QCª§specialistª§Practicalª§operationª§ofª§testingª§instrumentsª§Sichuanª§C&Sª§

Electrician,ª§repairmanª§andª§maintenanceª§

squadª§leaderª§Safetyª§trainingª§onª§electricityª§usedª§forª§maintenanceª§

inª§theª§productionª§workshopª§Sichuanª§C&S

Employeesª§ofª§QCª§Departmentª§Targetª§andª§assessmentª§ofª§QCª§Departmentª§inª§2021ª§Sichuanª§C&Sª§

Allª§productionª§employeesª§Trainingª§onª§work-relatedª§injuryª§cases;ª§Sichuanª§C&S

Rewindingª§employeesTrainingª§onª§qualityª§standardª§ofª§rewindingSichuanª§C&Sª§

Employeesª§involvedª§inª§optionTrainingª§onª§autonomyª§operationª§processª§ofª§optionª§Tangshanª§Branchª§

Newª§recruitsNewª§employeeª§orientationTangshanª§Branchª§

Employeesª§ofª§subsequentª§processTrainingª§onª§safetyª§ofª§vehicleª§operationTangshanª§Branchª§

Employeesª§ofª§warehouseª§andª§logisticsª§eam-building,ª§?reª§safety,ª§warehousingª§andª§

logisticsª§work?owTangshanª§Branchª§

Relevantª§departmentsª§involvedª§Capacityª§planningª§Tangshanª§Branchª§

Trainingª§onª§processª§inspectionª§skills,ª§PDCAª§cycle,ª§feedingª§knowledgeª§pointsª§inª§2020,ª§physicalª§propertyª§detectionª§andª§instrumentª§operationª§Tangshanª§Branch

Allª§employeesª§ofª§QCª§Department,ª§supervisorª§

andª§squadª§leaderª§ofª§workshopª§Repositioningª§ofª§theª§managers,ª§taskª§andª§timeª§management,ª§systematicª§thinkingª§andª§decision-making,ª§targetª§management,ª§publicª§speechª§andª§expression,ª§authorizationª§-ª§releasingª§ofª§teamª§energy,ª§sceneª§incentiveª§-ª§inspiringª§employees,ª§andª§managers'ª§roleª§positioningª§Tangshanª§Branch

Traineesª§ofª§Starterª§andª§Membersª§ofª§

Talentª§EchelonOperatorsª§andª§packerª§inª§tissueª§sectionª§Trainingª§inª§theª§operationª§skillsª§ofª§tissueTangshanª§Branchª§

Someª§employeesª§ofª§tissueª§sectionª§inª§

No.2ª§Workshopª§Trainingª§onª§customerª§complaintª§analysisª§andª§

processª§inspectionª§ofª§QCª§DepartmentTangshanª§Branchª§

Qualityª§managementª§training,ª§pre-holidayª§safetyª§training,ª§qualityª§managementª§training,ª§identi?cationª§trainingª§ofª§riskª§factor,ª§learningª§trainingª§ofª§proceduralª§documentª§andª§third-orderª§system,ª§JDª§Baitiaoª§training,ª§andª§trainingª§forª§?veª§disciplinesª§ofª§squadª§leaderTangshanª§Branch2020Employeesª§ofª§manufacturingª§workshopª§

Employeesª§ofª§M&Eª§Departmentª§Safetyª§trainingª§forª§high-riskª§operationª§Tangshanª§Branchª§

Trainingª§onª§theoryª§andª§applicationª§ofª§lubricatingª§oil,ª§safetyª§ofª§operationª§inª§con?nedª§spaces,ª§andª§howª§toª§doª§wellª§inª§equipmentª§managementª§Tangshanª§Branch

Employeesª§ofª§formerª§process,ª§maintenanceª§

workerª§andª§electricianTrainingª§onª§papermakingª§operationª§skills,ª§formerª§processª§costª§knowledge,ª§operationª§inª§theª§con?nedª§spaces,ª§pulpª§grindingª§principleª§andª§selectionª§ofª§grindingª§segmentª§Tangshanª§Branch

Allª§employeesª§ofª§papermakingª§

3600ª§OKª§operatorª§andª§packerTrainingª§onª§OKª§tissueª§operationª§skillsª§andª§3600ª§OKª§

OJTª§trainingTangshanª§Branchª§

Allª§employeesª§ofª§Productionª§DepartmentProduction-safetyª§trainingTangshanª§Branchª§

Internalª§auditorª§ofª§factoryTrainingª§courseª§forª§basicª§knowledgeª§ofª§

internalª§auditorsª§Tangshanª§Branchª§

Chapterª§IIIª§ª§People-Orientedª§Principleª§andª§Employeeª§Valueª§Achievementª§

Participantª¤Trainingª¤Contentsª¤Area

Front-lineª§workshopª§employeesª§Qualityª§managementª§training,ª§occupationalª§healthª§training,ª§trainingª§onª§controlª§ofª§foreignª§mattersª§inª§theª§productionª§workshop,ª§third-orderª§systemª§training,ª§workshopª§cleanerª§production,ª§inspectionª§formulaª§trainingª§andª§pestª§controlª§managementª§Tangshanª§Branchª§

Numberª¤ofª¤Participantsª¤1727Boilerª§waterª§treatmentª§employeesOperationª§trainingª§ofª§boilerª§waterª§treatmentª§postTangshanª§Branch

Employeesª§ofª§Financeª§Departmentª§ª§Internalª§trainingª§forª§cashierª§postª§Tangshanª§Branchª§

Employeeª§representativeFire-safetyª§trainingTangshanª§Branch

Employeesª§ofª§maskª§workshopMaskª§machineª§operationª§training,ª§maskª§qualityª§training,ª§on-siteª§safetyª§training,ª§skillsª§andª§practicalª§training,ª§trainingª§onª§salaryª§unitª§priceª§andª§calculationª§method,ª§maskª§quality,ª§andª§safetyª§inª§theª§work-relatedª§injuryª§casesª§Yunfuª§C&Sª§1304Execution,ª§analysisª§trainingª§ofª§potentialª§safetyª§hazards,ª§regulationsª§onª§assessmentª§ofª§quali?cationª§rate,ª§trainingª§onª§executionª§ofª§squadª§teamª§leader,ª§costª§control,ª§multi-panelª§principleª§training,ª§on-siteª§visual-basedª§management,ª§?reª§protectionª§training,ª§emergencyª§drillsª§inª§theª§con?nedª§space,ª§communicationª§skills,ª§occupationalª§healthª§andª§hygiene,ª§equipmentª§training,ª§humanª§factorsª§engineering,ª§caseª§analysisª§ofª§work-relatedª§accidents,ª§lawsª§andª§regulationsª§training,ª§QCCª§processª§training,ª§andª§managementª§training

Yunfuª§C&S1079Squadª§leader,ª§chief,ª§operatorª§andª§packer

Employeesª§ofª§No.1ª§non-reelingª§workshopª§5Sª§trainingª§andª§qualityª§trainingYunfuª§C&S

Job-skillª§training,ª§qualityª§standardª§training,ª§examinationª§ofª§inspectionª§standardª§forª§facialª§tissue,ª§customerª§complaintª§analysis,ª§andª§costª§managementª§Yunfuª§C&S

Allª§employeesª§ofª§facialª§tissueª§

Employeesª§ofª§environmentalª§protectionª§

workshopRescueª§atª§theª§sceneª§ofª§theª§drowningYunfuª§C&S

Vehicleª§operationª§employeesVehicleª§operationª§trainingª§Yunfuª§C&S

Beaterª§man,ª§chiefª§andª§brokenª§paperª§operatorTrainingª§onª§safeª§usageª§ofª§chemicalsª§andª§

pulpingª§postYunfuª§C&S

Production-safetyª§training,ª§qualityª§training,ª§processª§inspectionª§training,ª§qualityª§practiceª§ofª§chiefª§post,ª§skillsª§toª§improveª§productionª§e?ciency,ª§5Sª§workshopª§management,ª§vehicleª§operationª§training,ª§workshopª§safetyª§production,ª§andª§keyª§pointsª§ofª§foldingª§commissioningª§Yunfuª§C&S

Chief,ª§squadª§leader,ª§feltª§operator,ª§operator,ª§singleª§packer,ª§packer,ª§assistantª§worker,ª§rewindingª§andª§foldingª§workerª§Rewinding,ª§largeª§swing,ª§rollª§core,ª§singleª§packing,ª§bundle-packingª§machineª§andª§largeª§packingª§operatorsª§Postª§technicalª§knowledgeª§theoryª§+ª§post-practicalª§training,ª§trainingª§inª§theª§operationª§ofª§rollª§paperª§tissueª§rewinderª§andª§foldingª§machineYunfuª§C&Sª§

Zhuoerª§Logisticsª§andª§Tianheª§LogisticsTrainingª§onª§summaryª§ofª§safetyª§operationª§andª§dailyª§

problemsª§inª§forkliftª§operationª§Yunfuª§C&S

QCª§specialistª§Calibrationª§ofª§inspectionª§instrumentsª§Yunfuª§C&S

Allª§factoryª§employeesFireª§drillª§Yunfuª§C&S

Operatorsª§ofª§bundle-packingª§machineª§andª§singleª§packingª§machine,ª§andª§packerSkillª§trainingYunfuª§C&S

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Reportstockª§code:002511Participantª¤Trainingª¤Contentsª¤Area

Supervisorª§andª§squadª§leaderª§Safety-systemª§trainingª§Yunfuª§C&Sª§

Numberª¤ofª¤Participantsª¤

Equipmentª§administratorª§Equipmentª§repairª§technologyYunfuª§C&S

Groundª§handlingSpeci?cationª§forª§materialª§placementª§inª§workshopYunfuª§C&Sª§

Equipmentª§administratorª§Equipmentª§maintenanceª§trainingª§Yunfuª§C&S

Internalª§auditorOverviewª§ofª§ISO9001ª§system,ª§trainingª§andª§practicalª§

operationª§forª§FSC-COCª§systemYunfuª§C&S

Foldingª§operatorSkillª§trainingª§forª§tissue-foldingª§machineª§Yunfuª§C&S

Departmentª§heads,ª§squadª§leaderª§andª§

supervisorª§

Lectureª§1:ª§Developingª§Excellentª§Departmentª§Leaders:ª§Leadership;ª§Lectureª§2ª§ofª§Outstandingª§Departmentª§Leaders:ª§Team-Building;ª§Lectureª§3ª§ofª§Outstandingª§Departmentª§Leaders:ª§Executiveª§Capacity;ª§Lectureª§4ª§ofª§Outstandingª§Departmentª§Leaders:ª§Objectiveª§Management;ª§Lectureª§5ª§ofª§Outstandingª§Departmentª§Leaders:ª§Cohesion;ª§Lectureª§6ª§ofª§Outstandingª§Departmentª§Leaders:ª§Stressª§andª§Emotionª§Management;ª§Lectureª§7ª§ofª§Outstandingª§Departmentª§Leaders:ª§Humanª§Resourceª§Managementª§ofª§Nonhumanª§Resources;ª§Lectureª§8ª§ofª§Outstandingª§Departmentª§Leaders:ª§Skillsª§Developmentª§ofª§Outstandingª§Departmentª§Heads;ª§Lectureª§9ª§ofª§Outstandingª§Departmentª§Leaders:ª§On-Siteª§Managementª§andª§Improvement;ª§Lectureª§10ª§ofª§Outstandingª§Departmentª§Leaders:ª§Processª§Management;ª§Lectureª§11ª§ofª§Outstandingª§Departmentª§Leaders:ª§Understandingª§Wasteª§andª§eE?ciency;ª§andª§Lectureª§12ª§ofª§OutstandingaDpartmentª§Leaders:ª§Howª§toª§Becomeª§aª§Competentª§Productionª§Supervisor)ª§

Zhejiangª§C&S

Newª§recruitsPracticalª§trainingª§onª§newª§employeesª§forª§

?re-?ghtingª§equipmentª§Zhejiangª§C&Sª§

Chief,ª§operatorª§andª§allª§employeesª§ofª§

subsequentª§processSevenª§majorª§wastes,ª§hazardª§identi?cation/particularizationª§ofª§work-relatedª§injuryª§casesZhejiangª§C&S

Safetyª§operationª§procedures,ª§howª§toª§controlª§processª§changes,ª§instrumentª§operationª§training,ª§trainingª§onª§identi?cationª§ofª§hazardª§sourceª§locationª§inª§theª§workshop/particularizationª§ofª§work-relatedª§injuryª§cases,ª§safetyª§trainingª§andª§drillsª§forª§operationª§inª§theª§con?nedª§spaceZhejiangª§C&S

Allª§employeesª§ofª§formerª§process

Productionª§Department,ª§M&Eª§Department,ª§QCª§Department,ª§Materialsª§andª§Equipmentª§Department

CPRª§?rst-aidª§training,ª§Chief,ª§Keepª§Running,ª§trainingª§forª§andª§workª§resumption,ª§standardizedª§cleanª§productionª§andª§managementª§ofª§on-siteª§foreignª§matters,ª§equipmentª§management,ª§sevenª§majorª§practicesª§forª§QC,ª§trainingª§onª§non-conformanceª§controlª§procedures,ª§TPMª§specialª§training,ª§14ª§safety-managementª§systems,ª§accidentª§caseª§training,ª§advancedª§on-siteª§managementª§ofª§Chief,ª§Keepª§Running,ª§rulesª§forª§workª§safety,ª§chiefª§developmentª§training,ª§5Sª§managementª§ofª§Chief,ª§Keepª§Running,ª§quali?cationª§trainingª§forª§hazardousª§chemicalsª§practitioners,ª§occupationalª§healthª§andª§safetyª§educationª§

Zhejiangª§C&S1408

Chapterª§IIIª§ª§People-Orientedª§Principleª§andª§Employeeª§Valueª§Achievementª§

Participantª¤Trainingª¤Contentsª¤Area

Employeesª§ofª§M&Eª§DepartmentTrainingª§onª§supplier'sª§bearingª§lubrication,ª§safetyª§trainingª§ofª§M&Eª§Departmentª§forª§pinchª§accidentsª§ofª§conveyorª§belt,ª§high-voltageª§electricianª§certi?cate/weldingª§certi?cate,ª§high-voltageª§electricianª§certi?cate/weldingª§certi?cate/low-voltageª§electricianª§certi?cate,ª§andª§safeª§usageª§ofª§electricª§toolsZhejiangª§C&Sª§

Numberª¤ofª¤Participantsª¤

Objectivesª§management,ª§commonª§paperª§defectsª§andª§processingª§methods,ª§OJT2.0ª§(improvementª§ofª§abnormalityª§handlingª§abilityª§andª§conversionª§e?ciency),ª§5Sª§training,ª§useª§andª§maintenanceª§ofª§feltª§Zhejiangª§C&S

Chief,ª§squadª§leaderª§andª§assistantª§workerª§

Allª§membersª§ofª§formerª§/ª§subsequentª§processesª§andª§QCª§DepartmentTrainingª§onª§qualityª§complaintª§ofª§customer,ª§safetyª§educationª§andª§trainingª§forª§trainª§operators,ª§safetyª§educationª§andª§trainingª§forª§vehicleª§operators,ª§occupationalª§healthª§andª§safetyª§educationª§andª§training,ª§andª§trainingª§onª§systemª§requirementsZhejiangª§C&Sª§

Maintenanceª§worker,ª§electricianMechanicalª§drawing,ª§equipmentª§managementª§-ª§evaporating,ª§emitting,ª§drippingª§andª§leakingª§phenomenonZhejiangª§C&Sª§

Employeesª§aboveª§theª§levelª§ofª§squadª§leaderPestª§controlª§managementZhejiangª§C&Sª§

Operator/chiefª§OJT2.0ª§(abnormalityª§handlingª§abilityª§andª§

conversionª§e?ciencyª§improvement)ª§Zhejiangª§C&Sª§

Incentivesª§forª§employeesª§inª§

variousª§departmentsOptionª§exerciseª§trainingZhejiangª§C&Sª§

Squadª§leaderª§andª§supervisorª§ofª§

productionª§stockpileTWIª§workª§guidanceª§andª§excellentª§leadershipª§Zhejiangª§C&Sª§

Safetyª§andª§Environmentalª§Protectionª§Department,ª§andª§Generalª§Managerª§O?ceCerti?cateª§ofª§safetyª§managementª§personnelª§

andª§safetyª§responsibleª§personnelZhejiangª§C&Sª§

Allª§membersª§ofª§QCª§Departmentª§Managementª§proceduresª§forª§procurementª§ofª§specialª§productsª§andª§treatmentª§ofª§abnormalª§qualityª§ofª§productionª§equipmentZhejiangª§C&Sª§

Stockpileª§supervisorª§andª§squadª§leaderª§Trainingª§onª§improvementª§ofª§MTPª§coreª§managementª§capability,ª§innovationª§6Sª§siteª§managementª§andª§productionª§e?ciencyª§improvementª§IEZhejiangª§C&Sª§

ElectricianElectricª§tractionª§Zhejiangª§C&Sª§

Tissueª§Chief,ª§allª§sta?ª§5Sª§management,ª§singleª§packingª§machineª§productionª§switchª§skillsª§assessmentª§Zhejiangª§C&Sª§

Huihuangª§laborª§outsourcingª§personnelSafetyª§(?reª§safety)ª§managementª§Zhejiangª§C&Sª§

Forkliftª§handlingª§outsourcingª§personnelForkliftª§operationª§andª§handlingª§personnelª§

safetyª§trainingª§Zhejiangª§C&Sª§

Projectª§teamª§membersProjectª§in-depthª§replayª§Zhejiangª§C&Sª§

Participantª¤Trainingª¤Contentsª¤Area

Dealersª§inª§Northeastª§regionª§+ª§Heilongjiangª§

Provincialª§O?ceª§inª§Northeastª§Chinaª§2021ª§springª§warehousingª§Northeastª§region

Numberª¤ofª¤trainingª¤sessions

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Report

stockª§code:002511

Participantª¤Trainingª¤Contentsª¤Area

Dealersª§inª§Northeastª§regionª§+ª§Liaoningª§andª§

Jilinª§Provincialª§O?ceª§inª§Northeastª§Chinaª§ª§2021ª§springª§warehousingNortheastª§region

Numberª¤ofª¤trainingª¤sessions

Reserveª§DirectorTrainingª§ofª§Reserveª§DirectorsSouthwestª§region

DealersTrainingª§ofª§dealersª§Southwestª§region

Newª§recruits"Chang'anª§Militaryª§Academy"ª§Orientationª§TrainingNorthwestª§region

Logisticsª§employeesª§Logisticsª§trainingNorthwestª§region

Majorª§clientsª§andª§marketingª§teams,ª§externalª§trainersª§inª§theª§Northª§Chinaª§regionª§Theoryª§onª§futureª§businessª§operationª§ofª§dealersNorthª§Chinaª§regionª§

Newª§recruitsOrientationª§TrainingEastª§Chinaª§region

Businessª§elitesª§inª§theª§Southª§Chinaª§regionª§H1ª§summaryª§&ª§H2ª§performanceª§kick-o?ª§meetingSouthª§Chinaª§region

Newª§employeesª§ofª§Southª§Chinaª§regionQ4ª§newª§employeeª§trainingª§campª§Southª§Chinaª§regionª§

Southª§Chinaª§region-Guangzhouª§andª§Shenzhenª§

Provincialª§O?ce-Guangzhouª§Businessª§Teamª§Studyª§andª§exchangeª§onª§sampleª§marketª§ofª§Heshan,ª§Jiangmenª§ofª§Guangzhouª§Branch,ª§Guangzhouª§andª§Shenzhenª§O?ceª§Southª§Chinaª§regionª§

Aboveª§businessª§directorsª§Swiftª§Horseª§Classª§Cadresª§Trainingª§CampCentralª§Chinaª§region

Newª§employeesª§inª§recentª§threeª§monthsOrientationª§Trainingª§Yunnan-Guizhou-

Sichuanª§regionª§

Ensuringª¤opennessª¤andª¤transparencyª¤toª¤protectª¤investors'ª¤rightsª¤andª¤interests

E?ortsª§willª§beª§madeª§toª§improveª§communicationª§withª§investors,ª§protectª§theª§rightsª§andª§interestsª§ofª§investors,ª§enhanceª§theª§opennessª§andª§transparencyª§andª§facilitateª§theª§developmentª§ofª§theª§company,ª§hearª§theª§suggestionsª§ofª§investorsª§andª§enableª§investors'ª§supervisionª§ofª§theª§company.

Theª¤company'sª¤favorableª¤development

Theª§companyª§hasª§introducedª§outstandingª§talentsª§fromª§R&D,ª§production,ª§sales,ª§qualityª§management,ª§amongª§otherª§systems,ª§sinceª§2014,ª§therebyª§establishingª§aª§?rst-rateª§managementª§teamª§inª§theª§industry.ª§Theª§establishmentª§ofª§theª§newª§managementª§teamª§hasª§ledª§toª§theª§comprehensiveª§reformª§ofª§variousª§aspectsª§ofª§theª§companyª§includingª§theª§managementª§structure,ª§marketingª§channelª§andª§incentiveª§mechanism,ª§andª§furtherª§improvedª§operationª§ofª§theª§company.ª§Afterª§severalª§yearsª§ofª§e?ort,ª§theª§companyª§hasª§seenª§signi?cantª§improvementª§inª§itsª§channelª§strength,ª§productª§strengthª§andª§brandª§strength.ª§Operatingª§incomeª§increasedª§fromª§RMBª§2.522ª§billionª§inª§2014ª§toª§RMBª§7.824ª§billionª§andª§netª§pro?tª§attributableª§toª§listedª§companyª§increasedª§fromª§RMBª§67ª§millionª§toª§RMBª§906ª§million.ª§Theª§companyª§hasª§ledª§itsª§industryª§withª§double-digitª§growthª§inª§incomeª§andª§pro?tª§everyª§year.

Prioritizingª¤dividendsª¤andª¤repayingª¤investors

ª§Justª§asª§C&Sª§ensuresª§opportunitiesª§forª§theª§growthª§andª§developmentª§ofª§itsª§personnel,ª§theª§companyª§createsª§valueª§forª§shareholders.ª§Itª§attachesª§greatª§importanceª§toª§returnsª§forª§shareholders,ª§andª§itª§persistentlyª§sharesª§growthª§andª§incomeª§withª§investors.ª§Theª§companyª§hasª§maintainedª§aª§consistentª§pro?t-distributionª§policyª§sinceª§itª§wasª§listedª§onª§theª§stockª§exchange,ª§andª§consequentlyª§itª§prioritizedª§aª§reasonableª§returnª§onª§investmentª§whileª§givingª§considerationª§toª§theª§company'sª§sustainableª§development.ª§

Chapterª¢IV

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Report

stockª§code:002511

124,358,696.49Payingª§cashª§dividendª§ofª§RMBª§0.23ª§(taxª§included)ª§forª§everyª§10ª§sharesª§toª§allª§shareholdersª§(excludingª§repurchasedª§shares)ª§Theª§companyª§implementedª§shareª§repurchasingª§planª§inª§2018.ª§Asª§ofª§Decemberª§4,ª§2018,ª§theª§companyª§completedª§theª§shareª§repurchaseª§withª§aª§totalª§amountª§ofª§RMBª§94,581,547.35ª§forª§suchª§shares.ª§Accordingª§toª§Articleª§7ª§ofª§theª§Implementationª§Rulesª§onª§Repurchasingª§Sharesª§forª§Listedª§Companiesª§ofª§Shenzhenª§Stockª§Exchange,ª§theª§sumª§forª§shareª§repurchaseª§ofª§theª§companyª§isª§deemedª§asª§cashª§dividend.ª§

2018

30.56

75,746,454.00Payingª§cashª§dividendª§ofª§RMBª§1.00ª§(taxª§included)ª§forª§everyª§10ª§sharesª§toª§allª§shareholdersª§andª§grantingª§sevenª§sharesª§forª§everyª§10ª§sharesª§toª§allª§shareholdersª§byª§capitalª§reserve2017

21.70

50,525,800.00Payingª§cashª§dividendª§ofª§RMBª§1.00ª§(taxª§included)ª§forª§everyª§10ª§sharesª§toª§allª§shareholdersª§andª§grantingª§?veª§sharesª§forª§everyª§10ª§sharesª§toª§allª§shareholdersª§byª§capitalª§reserve2016

19.40

25,183,850.00Payingª§cashª§dividendª§ofª§RMBª§0.5ª§(taxª§included)ª§forª§everyª§10ª§

sharesª§toª§allª§shareholdersª§2015

28.55

4,056,000.00Payingª§cashª§dividendª§ofª§RMBª§0.1ª§(taxª§included)ª§forª§everyª§10ª§sharesª§toª§allª§shareholdersª§andª§grantingª§twoª§sharesª§forª§everyª§10ª§sharesª§toª§allª§shareholdersª§byª§capitalª§reserve2014

6.01

¨CGrantingª§threeª§sharesª§forª§everyª§10ª§sharesª§toª§

allª§shareholdersª§byª§capitalª§reserve.2013¨C31,200,000.00Payingª§cashª§dividendª§ofª§RMBª§1.5ª§(taxª§included)ª§forª§everyª§10ª§sharesª§toª§allª§shareholdersª§andª§grantingª§?veª§sharesª§forª§everyª§10ª§sharesª§toª§allª§shareholdersª§byª§capitalª§reserve2012

19.63

32,000,000.00Payingª§cashª§ofª§RMBª§2ª§(taxª§included)ª§forª§everyª§10ª§sharesª§toª§allª§shareholdersª§andª§grantingª§threeª§sharesª§forª§everyª§10ª§sharesª§byª§capitalª§reserve2011

39.73

Cashª¤dividendAmountª¤(RMB)ª¤Distributionª¤planYearª¤ofª¤pro?tª¤distribution

Pro?tª¤Distributionª¤Sinceª¤theª¤Company'sª¤Listing

Ratioª¤ofª¤netª¤pro?tª¤attributableª¤toª¤theª¤listedª¤companyª¤inª¤theª¤consolidatedª¤statementª¤(%)ª¤

2020

Payingª§cashª§dividendª§ofª§RMBª§1.00ª§(taxª§included)ª§forª§everyª§10ª§sharesª§toª§allª§shareholdersª§(excludingª§repurchasedª§shares)Theª§companyª§implementedª§shareª§repurchasingª§planª§inª§2020.ª§Asª§ofª§Mayª§21,ª§2020,ª§theª§companyª§completedª§theª§shareª§repur-chaseª§withª§aª§totalª§amountª§ofª§RMBª§27,680,721.76ª§forª§suchª§shares.ª§Accordingª§toª§Articleª§7ª§ofª§theª§Implementationª§Rulesª§onª§Repurchasingª§Sharesª§forª§Listedª§Companiesª§ofª§Shenzhenª§Stockª§Exchange,ª§theª§sumª§forª§shareª§repurchaseª§ofª§theª§com-panyª§isª§deemedª§asª§cashª§dividend.

157,787,599.56

17.42

98,024,652.98Payingª§cashª§dividendª§ofª§RMBª§0.75ª§(taxª§included)ª§forª§everyª§10ª§sharesª§toª§allª§shareholdersª§(excludingª§repurchasedª§shares)2019

16.23

Chapterª§IVª§ª§Ensuringª§opennessª§andª§transparencyª§toª§protectª§investors'ª§rightsª§andª§interests

C&Sª¤Paperª¤ª¤[002511.SZ]-Numberª¤ofª¤sharesª¤inª¤Shanghai/Shenzhen-Hongª¤Kongª¤Stockª¤Connectª¤

Noª§rehabilitation

2020-01-012020-03-012020-05-012020-07-012020-09-012020-11-012021-01-01

Proportionª¤inª¤freeª¤circulatingª¤capitalª¤(%)ª¤Proportionª¤inª¤circulatingª¤Aª¤sharesª¤(%)ª¤(calculated)ª¤Closingª¤price

Proportionª§(%)ª§Closingª§priceª§(yuan)

(1)ª¤ª§Asª§ofª§Decemberª§31,ª§theª§companyª§hadª§2,153ª§holdingª§institutionalª§shareholders,ª§anª§increaseª§ofª§92.75%ª§overª§theª§beginningª§ofª§theª§period,ª§andª§recordedª§"0"ª§turnoverª§ofª§signi?cantª§institutionalª§shareholders.

Theª¤company'sª¤shareholderª¤structureª¤isª¤continuouslyª¤improvedª¤inª¤orderª¤toª¤maintainª¤theª¤stabilityª¤ofª¤high-qualityª¤assetsª¤atª¤homeª¤andª¤abroad2.

(2)ª¤ª§Inª§2020,ª§foreignª§investorsª§maintainedª§stableª§holdingª§ofª§theª§company'sª§sharesª§viaª§Shenzhenª§Connect,ª§resultingª§inª§stable,ª§high-qualityª§overseasª§assets.ª§

Enhancingª¤theª¤investorª¤relationshipª¤andª¤providingª¤aª¤stableª¤return

(1)ª¤ª§Itª§recordsª§growthª§ofª§65.42%ª§inª§2020.ª§Theª§highestª§growthª§isª§108%.ª§Papermakingª§industryª§recordsª§growthª§ofª§22.10%.ª§

Greatª¤performanceª¤isª¤observedª¤inª¤secondaryª¤marketª¤throughoutª¤theª¤year,ª¤providingª¤aª¤positiveª¤returnª¤forª¤investors

1.

(2)ª¤ª§Onª§Augustª§11,ª§2020,ª§shareª§priceª§ofª§theª§companyª§reachedª§aª§recordª§highª§atª§RMBª§27.15ª§perª§share,ª§resultingª§inª§marketª§valueª§ofª§moreª§thanª§RMBª§35ª§billion.ª§

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Reportstockª§code:002511

Tableª§ofª§Activitiesª§Involvingª§Investorª§Relationsª§inª§2017ª§-ª§2020

ª¤ª¤ª¤ª¤ª¤ª¤ª¤ª¤C&Sª¤Lifeª¤Hallª¤isª¤o?ciallyª¤opened

Wide-rangingª¤e?ortsª¤inª¤investorª¤surveyInª§orderª§toª§enhanceª§investors'ª§understandingª§ofª§production,ª§sales,ª§productsª§ofª§theª§company,ª§theª§companyª§builtª§theª§Lifeª§Hallª§inª§2020.ª§Theª§Lifeª§Hallª§featuresª§threeª§coreª§themesª§includingª§humanity,ª§natureª§andª§future,ª§boastingª§perfectª§integrationª§withª§life.ª§Detailedª§informationª§onª§history,ª§productionª§technologicalª§process,ª§applicationª§scenarios,ª§productsª§andª§operationsª§ofª§theª§companyª§isª§provided,ª§enablingª§investorsª§toª§getª§aª§glimpseª§ofª§operationsª§ofª§theª§companyª§withª§theª§bestª§sensoryª§experience.ª§

2017

Reverseª§roadshowsª§

(sessions)In-depthª§reportsª§(nos.)

Researchª§reportsª§

(nos.)ª§Strategicª§meetingsª§

(sessions)ª§Investorª§surveysª§

(sessions)ª§

201820192020

20ª§(includingª§6ª§in-depthª§

surveysª§inª§English)ª§

6ª§(includingª§1ª§Goldmanª§Sachsª§

in-depthª§surveyª§inª§English)ª§

Inª¤2020,ª¤COVID-19ª¤spreadª¤acrossª¤theª¤globe,ª¤resultingª¤inª¤di?cultiesª¤inª¤e?ortsª¤relatedª¤toª¤relationshipª¤withª¤investors.ª¤Byª¤virtueª¤ofª¤"cloud"ª¤methodsª¤suchª¤asª¤WeChat,ª¤phoneª¤call,ª¤emailª¤andª¤videoª¤conference,ª¤theª¤O?ceª¤ofª¤theª¤Boardª¤ofª¤Directorsª¤continuedª¤toª¤enhanceª¤maintenanceª¤ofª¤relationshipª¤withª¤investors.ª¤E?ortsª¤wereª¤madeª¤toª¤organizeª¤onsiteª¤investigationsª¤asª¤wellª¤asª¤onlineª¤andª¤o?ineª¤strategicª¤meetingsª¤ofª¤coreª¤brokerª¤organizations,ª¤andª¤toª¤organizeª¤andª¤accompanyª¤signi?cantª¤shareholdersª¤toª¤conductª¤onsiteª¤investigationsª¤inª¤Tibet,ª¤amongª¤others.ª¤Andª¤theª¤companyª¤participatedª¤inª¤aª¤varietyª¤ofª¤investigationª¤activitiesª¤suchª¤asª¤onlineª¤performance-illustrationª¤meetingsª¤andª¤conferenceª¤calls.ª¤

3.

Chapterª§IVª§ª§Ensuringª§opennessª§andª§transparencyª§toª§protectª§investors'ª§rightsª§andª§interests

Weª¤care

Sinceª§theª§company'sª§establishmentª§inª§1978,ª§weª§haveª§beenª§devotedª§toª§meetingª§everyª§demandª§

forª§tissueª§paperª§duringª§theª§pastª§fourª§decades.ª§Beginningª§withª§anª§understandingª§ofª§C&S,ª§weª§careª§aboutª§commitment.ª§

Productsª§relyª§onª§brands,ª§andª§enterprisesª§relyª§onª§brands.ª§

Thisª§isª§evenª§moreª§trueª§forª§people.

Receptionª¤area

Hereª§youª§canª§embarkª§onª§theª§journeyª§ofª§explorationª§toª§understandª§theª§lifeª§philosophyª§ofª§C&Sª§andª§facilitateª§theª§harmoniousª§coexistenceª§ofª§humanª§andª§nature.ª§

Weª¤careª¤aboutª¤yourª¤life

Withª§easyª§access,ª§weª§striveª§toª§satisfyª§everyª§demandª§whenª§you'reª§atª§home;ª§Inª§everyª§scenario,ª§weª§striveª§toª§meetª§everyª§demandª§inª§yourª§dailyª§life.

Weª¤careª¤aboutª¤yourª¤environment

Ourª§attitudeª§towardª§everyª§productª§originatesª§fromtheª§goodª§intentionª§forª§theª§harmoniousª§coexistenceª§

ofª§humanª§andª§environment.ª§Hereª§youª§willª§?ndª§thatª§weª§takeª§theª§utmostª§careª§inª§everyª§processª§fromª§selectionª§ofª§rawª§materialsª§toª§productª§useª§byª§consumers.ª§

Weª¤careª¤aboutª¤yourª¤experience

Fromª§productª§qualityª§toª§otherª§aspectsª§beyondª§that,ª§weª§alwaysª§takeª§theª§utmostª§careª§toª§provideª§moreª§diversi?edª§products,ª§moreª§human-basedª§servicesª§andª§moreª§considerateª§experience,ª§withª§aª§viewª§toª§makingª§yourª§lifeª§evenª§betterª§byª§virtueª§ofª§continuousª§e?ortsª§andª§practices.ª§

Sinceª§theª§operationª§ofª§theª§Lifeª§Hallª§inª§Julyª§(andª§asª§ofª§Decemberª§31,ª§2020),ª§C&Sª§Lifeª§Hallª§hasª§givenª§151ª§toursª§withª§moreª§thanª§3,000ª§visitors,ª§includingª§investors,ª§enterprises,ª§schoolsª§andª§employees.ª§Itª§wasª§certi?edª§asª§onsiteª§teachingª§baseª§ofª§theª§Sunª§Yat-Senª§Universityª§Higherª§Centerª§forª§Continuingª§Education.

Shenzhenª¤Stockª¤Exchangeª¤"Hudongyi"ª¤investorª¤hotline

Hudongyiª§platformª§answeredª§questionsª§raisedª§byª§129ª§investorsª§andª§answeredª§moreª§thanª§400ª§callsª§byª§investors.ª§

Organizingª¤onlineª¤meetingsª¤andª¤conferenceª¤callsª¤toª¤timelyª¤informª¤generalª¤investorsª¤ofª¤operationsª¤ofª¤theª¤companyª¤

Theª§companyª§organizedª§2019ª§annualª§reportª§onlineª§performance-illustrationª§meeting;ª§companyª§operationª§conferenceª§callª§duringª§COVID-19ª§epidemic;ª§performanceª§conferenceª§callsª§forª§theª§?rstª§quarter,ª§?rstª§halfª§ofª§yearª§andª§?rstª§threeª§quartersª§ofª§2020.ª§Additionally,ª§theª§companyª§providedª§real-timeª§analysisª§ofª§operations,ª§?nancialª§conditionsª§andª§projectª§implementationª§ofª§theª§companyª§inª§theª§reportingª§periodª§soª§asª§toª§answerª§questionsª§raisedª§byª§investors.ª§

Phoneª§call

Conferenceª§callª§regardingª§operationsª§ofª§theª§companyª§duringª§

COVID-19ª§epidemicª§

Februaryª§17

DateContentsª¤ofª¤meetingMeetingª¤mode

Numberª¤ofª¤institutions

Phoneª§call

Conferenceª§callª§regardingª§workª§andª§productionª§resumptionª§

afterª§COVID-19ª§epidemic

Marchª§23

Phoneª§call

Conferenceª§callª§regardingª§2019ª§annualª§reportª§andª§

2020ª§Q1ª§reportª§

Mayª§8

Internet2019ª§annualª§reportª§onlineª§performance-illustrationª§meetingMayª§8ª§

30ª§questionsª§wereª§raised

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Report

stockª§code:002511

Implementingª¤greenª¤developmentª¤andª¤ful?llingª¤theª¤dutyª¤towardª¤socialª¤welfare

Strictª¤supervision,ª¤minimumª¤allowableª¤emission,ª¤transparencyª¤andª¤fairness

Underª§increasinglyª§higherª§pressureª§relatedª§toª§environmentalª§protection,ª§theª§companyª§continuesª§toª§improveª§pollutionª§managementª§facilitiesª§inª§productionª§processª§andª§improveª§environmentalª§quality.ª§Allª§productionª§basesª§ofª§theª§companyª§continueª§toª§increaseª§capitalª§andª§technologicalª§inputsª§andª§preventª§environmentalª§pollution,ª§therebyª§achievingª§minimumª§allowableª§emission,ª§reducedª§emissionª§andª§greenª§production.ª§

Adheringª§toª§aª§philosophyª§ofª§green,ª§low-carbonª§development,ª§C&Sª§strivesª§toª§integrateª§environmentalª§protectionª§andª§companyª§development.Enterpriseª§developmentª§isª§basedª§onª§society,ª§soª§givingª§backª§toª§societyª§isª§aª§responsibilityª§ofª§theª§company.ª§Theª§companyª§attachesª§greatª§importanceª§toª§theª§demonstrationª§ofª§socialª§valueª§andª§takesª§itª§aª§commitmentª§forª§socialª§responsibilityª§toª§createª§wealthª§forª§society,ª§withª§aª§viewª§toª§in?uencingª§andª§drivingª§theª§revitalizationª§ofª§localª§economyª§throughª§personalª§development.

Chapterª¢V

Informationª¤onª¤majorª¤emissionsª¤1.

Companyª§

name

Namesª§ofª§

majorª§pollutantsª§

andª§speci?cª§pollutants

Emissionª§method

Numberª§

ofª§dischargeª§

outlets

Distributionª§ofª§dischargeª§outlets

Emissionª§concentration

In-placeª§pollutantª§emissionª§standards

Totalª§emission

Approvedª§

totalª§emissionª§

Excessª§emission

Companyª§

name

COD

Ammon-iacalª§nitrogen

Wasteª§water

Post-treatmentª§

dischargeª§toª§sewage-treatmentª§plant

Centralizedª§treatmentª§facilitiesª§inª§theª§plant

148mg/L200mg/L

294.058t

335.600ª§t/a

5.8mg/L8mg/L

11.52t13.4ª§t/a

N/AN/AC&Sª§(Sichuan)ª§

Paperª§Co.,ª§Ltd.ª§

CODAmmon-iacalª§nitrogen

Wasteª§water

Dischargeª§toª§water-puri?cationª§stationª§viaª§urbanª§sewerª§lineª§afterª§

treatment

Dischargeª§ofª§productionª§

waterª§(DW001)ª§toª§generalª§outletª§DW002ª§

viaª§channelª§(toª§convergeª§withª§domesticª§

wasteª§water)ª§

N/AN/A33ª§mg/L80mg/L

27.4413ª§t

96 t/a

9.6ª§t/a0.4125ª§t

8mg/L0.496ª§mg/LPMª§

Nitrogenª§

oxides

Exhaustª§

gas

Dischargeª§fromª§?ue

N/AN/AN/A

Sulfurª§dioxide

3ª§chimneysª§(renovationª§ofª§lowª§nitrogenª§boilerª§wasª§completedª§inª§Juneª§

2020;ª§2ª§boilersª§areª§frequentlyª§usedª§whileª§1ª§

isª§standby)

No.ª§1ª§boilerª§5.2mg/m?No.ª§2ª§boilerª§3.6ª§mg/m?No.ª§3ª§boilerª§4.6ª§mg/m?No.ª§1ª§boilerª§26ª§mg/m?No.ª§2ª§boilerª§81ª§mg/m?No.ª§3ª§boilerª§27ª§mg/m?

20mg/Nm?150mg/Nm?50mg/Nm?

0.6781t

9.5484t

/

31.35t/a

/Zhejiangª§Zhongshunª§Paperª§Co.,ª§Ltd.

COD

Ammon-iacalª§nitrogen

Wasteª§water

Post-treatmentª§dischargeª§

toª§Jiaxingª§Jointª§Sewageª§

Treatmentª§Co.,ª§Ltd.ª§viaª§municipalª§pipeª§

network

Centralizedª§treatmentª§facilitiesª§inª§theª§plant

N/AN/A

40.1mg/L500mg/L

8.55t13.97ª§t/a

9.78ª§t/a0.2t

35mg/L0.965mg/L

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Report

stockª§code:002511

Companyª§name

Namesª§ofª§majorª§pollutantsª§

andª§speci?cª§

pollutants

Emissionª§method

Numberª§ofª§dischargeª§outlets

Distributionª§ofª§dischargeª§outlets

Emissionª§concentration

In-placeª§pollutantª§emissionª§standards

Totalª§emission

Approvedª§totalª§emissionª§

Excessª§emission

C&Sª§(Hubei)ª§

Paperª§Co.,ª§Ltd.ª§

CODAmmon-iacalª§nitrogenWasteª§water

Post-treatmentª§dischargeª§toª§Biquanª§sewage-treatmentª§plantª§viaª§municipalª§

pipeª§networkª§

Dischargedª§toª§Biquanª§

Sewageª§Plantª§afterª§

pre-treatmentª§inª§centralizedª§treatmentª§facilitiesª§inª§theª§plan

N/AN/APMª§

Sulfurª§dioxideª§

Exhaustª§

gas

Desulfurizationª§basedª§

onª§BDCª§limestone-gypsumª§technologyª§

andª§SNCR-basedª§

de-nitration

N/AN/AN/ANitrogenª§

oxides

1ª§chimneyª§

C&Sª§(Yunfu)ª§

Paperª§Co.,ª§Ltd.ª§

CODAmmon-iacalª§nitrogen

Wasteª§water

Continuousª§emission

Sewage-treatmentª§plantª§inª§theª§factory

N/AN/A

70.579ª§mg/L400mg/L

77.974t

152.25t/a

15.25t/a4.286t

30mg/L3.880ª§mg/L

9.0ª§mg/Nm?30mg/Nm?

9.998t

28.63ª§t/a

203.87t/a

239.85t/a

29.171t

81.501t

200mg/Nm?200mg/Nm?

18.5ª§mg/Nm?

58.0ª§mg/Nm?

197.1ª§t/a

19.76ª§t/a

44.81t

3.18t

80mg/L8mg/L

23.99ª§mg/L

1.66ª§mg/L

C&Sª§Paperª§Co.,ª§Ltd.ª§Tangshanª§

Branchª§ª§

COD

Ammon

-iacalª§nitrogen

Wasteª§water

Dischargeª§toª§Lvyuanª§sewage-treatmentª§plantª§afterª§treatmentª§atª§sewage-treatmentª§stationª§inª§theª§factoryª§

Park-basedª§generalª§outletª§(Lvyuanª§sewage-

treatmentª§plant)ª§

N/AN/APMª§

Nitrogenª§

oxidesª§

Exhaustª§

gas

Dischargeª§fromª§

chimneyª§

N/AN/AN/ASulfurª§dioxide

1ª§chimneyª§

24.96ª§mg/L

0.464ª§mg/L

2.12mg/m?

17.50mg/m?

3mg/m?

50mg/L5mg/L5mg/Nm?30mg/Nm?10mg/Nm?

5.74t

0.103t

0.22t

1.837t

0.3128t

16.5ª§t/a

1.65t/a

2.46ª§t/a

18.46t/a

6.15ª§t/a

Theª§companyª§andª§itsª§subsidiariesª§strictlyª§complyª§withª§environmentalª§protection-relatedª§lawsª§andª§regulationsª§ofª§nationalª§andª§localª§governments,ª§theª§constructionª§ofª§allª§newª§projectsª§strictlyª§adheresª§toª§environmentalª§impactª§assessmentª§system,ª§threeª§"simultaneous"ª§principlesª§andª§productionª§activitiesª§strictlyª§observeª§theª§Environmentalª§Protectionª§Lawª§ofª§theª§People'sª§Republicª§ofª§China,ª§Waterª§Pollutionª§Preventionª§andª§Controlª§Lawª§ofª§theª§People'sª§Republicª§ofª§China,ª§Airª§Pollutionª§Preventionª§andª§Controlª§Lawª§ofª§theª§People'sª§Republicª§ofª§China,ª§Lawª§ofª§theª§People'sª§Republicª§ofª§Chinaª§onª§theª§Preventionª§andª§Controlª§ofª§Environmentalª§Pollutionª§byª§Solidª§Waste,ª§andª§Actionª§Planª§forª§Preventionª§andª§Controlª§ofª§Waterª§Pollution,ª§withª§aª§viewª§toª§ensuringª§thatª§theª§treatmentª§andª§emissionª§ofª§variousª§pollutantsª§compliesª§withª§requirementsª§ofª§lawsª§andª§regulations.ª§

Observanceª§ofª§complianceª§obligation

Constructionª¤andª¤operationª¤ofª¤facilitiesª¤forª¤pollutionª¤controlª¤andª¤prevention

2.

Chapterª§Vª§ª§Implementingª§greenª§developmentª§andª§ful?llingª§theª§dutyª§towardª§socialª§welfareª§

allª§subsidiariesª§areª§equippedª§withª§aª§completeª§setª§ofª§environmentalª§protectionª§treatmentª§equipmentª§andª§facilities.ª§Majorª§technologiesª§forª§sewageª§treatmentª§includeª§anaerobic,ª§aerobiotic,ª§subsequentª§deepª§processingª§technologies,ª§whichª§canª§makeª§emissionª§ofª§sewageª§complyª§withª§variousª§indicators.ª§Additionally,ª§allª§subsidiariesª§areª§equippedª§withª§water-recyclingª§systemª§soª§asª§toª§recycleª§waterª§thatª§compliesª§withª§usageª§standardsª§inª§productionª§processª§andª§reduceª§emissionª§ofª§sewageª§asª§possible.ª§Sewageª§ofª§Jiangmen,ª§Zhejiang,ª§Hubeiª§andª§Tangshanª§Companiesª§willª§beª§treatedª§inª§aª§centralizedª§mannerª§byª§theª§companyª§andª§thenª§dischargedª§toª§localª§sewage-treatmentª§plantsª§beforeª§emission.ª§Followingª§centralizedª§treatmentª§atª§theª§company,ª§sewageª§ofª§Sichuanª§Companyª§willª§beª§dischargedª§toª§aª§localª§water-puri?cationª§stationª§viaª§urbanª§sewageª§pipe.ª§Afterª§treatmentª§atª§theª§sewage-treatmentª§plantª§ofª§theª§company,ª§sewageª§ofª§Yunfuª§Companyª§willª§beª§dischargedª§inª§anª§organizedª§manner.ª§

Establishmentª§andª§operationª§ofª§waterª§treatmentª§equipmentª§andª§facilities

Yunfu,ª§Sichuan,ª§Zhejiangª§andª§Hubeiª§subsidiariesª§haveª§installedª§sewageª§onlineª§monitoringª§facilities,ª§whichª§areª§underª§directª§supervisionª§byª§localª§environmentalª§protectionª§bureaus.ª§Followingª§centralizedª§treatmentª§atª§theª§company,ª§Tangshanª§Companyª§willª§dischargeª§sewageª§toª§localª§papermakingª§baseª§sewageª§plantª§andª§noª§otherª§outletª§isª§available.ª§Monitoringª§facilitiesª§areª§installedª§inª§theª§companyª§asª§internalª§controlª§reference.ª§Followingª§centralizedª§treatmentª§atª§theª§company,ª§Jiangmenª§Companyª§willª§dischargeª§sewageª§toª§localª§papermakingª§baseª§sewageª§plantª§andª§onª§otherª§outletª§isª§available.ª§Onlineª§monitoringª§facilitiesª§areª§notª§installed.ª§Theª§Environmentalª§Protectionª§Bureauª§performsª§theª§comparisonª§ofª§onlineª§monitoringª§dataª§onª§aª§quarterlyª§basisª§inª§theª§companyª§andª§theª§dataª§comparisonª§compliesª§withª§relevantª§requirements.ª§

Onlineª§monitoringª§andª§operationª§ofª§waterª§treatmentª§facilities

Theª§Sichuanª§andª§Tangshanª§branchesª§areª§equippedª§withª§naturalª§gasª§boilersª§andª§Hubeiª§Branchª§isª§equippedª§withª§fuelª§coalª§boilers.ª§Exhaustª§gasª§isª§dischargedª§inª§aª§centralizedª§mannerª§afterª§standardª§desulfurizationª§andª§de-nitration.ª§Emissionª§ofª§boilerª§exhaustª§gasª§compliesª§withª§theª§GB13271-2014ª§Boilerª§Airª§Pollutantª§Emissionª§Standards.ª§

Boilerª§exhaust-gasª§emission

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Report

stockª§code:002511

Administrativeª§license

Inª§lineª§withª§theª§Managementª§Measuresª§forª§Emissionª§Licenseª§ofª§theª§Ministryª§ofª§Environmentalª§Protection,ª§applicationsª§areª§submittedª§toª§theª§Ministryª§ofª§Environmentalª§Protection.ª§Allª§subsidiariesª§completedª§handlingª§ofª§newª§emissionª§licenseª§inª§2017ª§andª§completedª§renewalª§andª§changeª§ofª§emissionª§licenseª§inª§Mayª§2020.ª§

Theª§companyª§alwaysª§implementsª§controlª§ofconstructionª§projectsª§strictlyª§inª§lineª§withª§environmentalª§protection-relatedª§lawsª§andª§regulations.ª§Allª§constructionª§projectsª§areª§subjectª§toª§environmentalª§impactª§assessment.ª§Duringª§theª§constructionª§process,ª§theª§companyª§organizesª§theª§constructionª§ofª§environmentallyª§friendlyª§projectsª§inª§lineª§withª§constructionª§schedule,ª§ensuringª§theª§synchronousª§design,ª§constructionª§andª§operationª§ofª§environmentalª§protectionª§facilitiesª§andª§subjectª§projects.ª§Currently,ª§allª§constructionª§projectsª§putª§intoª§productionª§haveª§completedª§environmentalª§impactª§assessment,ª§andª§receptionª§andª§approval.ª§

Constructionª§projects

Constructionª¤projectª¤environmentalª¤impactª¤assessmentª¤andª¤otherª¤environmentalª¤protectionª¤administrativeª¤licenses

3.

Environmental-eventª¤emergencyª¤responseª¤plan4.

Onª§theª§basisª§ofª§strictlyª§implementingª§environmentalª§eventª§emergencyª§responseª§provisions,ª§theª§companyª§engagesª§professionalª§consultingª§andª§instructingª§institutionª§inª§lineª§withª§technicalª§requirementsª§asª§speci?edª§inª§theª§Guidelinesª§onª§Techniquesª§forª§Preparingª§Environmentalª§Pollutionª§Accidentsª§Emergencyª§Responseª§Planª§andª§preparesª§theª§Environmentalª§Eventª§Emergencyª§Responseª§Plan,ª§whichª§isª§reviewedª§andª§registeredª§byª§theª§Environmentalª§Protectionª§Bureau.ª§

Preparationª§andª§?lingª§ofª§environmentalª§eventª§emergencyª§responseª§plan

Chapterª§Vª§ª§Implementingª§greenª§developmentª§andª§ful?llingª§theª§dutyª§towardª§socialª§welfareª§

Environmentalª¤self-monitoringª¤plan5.

Theª§companyª§conductsª§self-monitoringª§accordingª§toª§environmentalª§protectionª§requirementsª§andª§establishesª§environmentalª§managementª§ledgersª§andª§books,ª§whichª§areª§continuouslyª§improvedª§inª§strictª§accordanceª§withª§lawsª§andª§regulations.

Self-monitoringª§ledger

Emergency-responseª§materialsª§andª§trainingª§drill:ª§Theª§companyª§matchesª§correspondingª§emergency-responseª§materialsª§accordingª§toª§requirementsª§inª§theª§Environmentalª§Eventª§Emergencyª§Responseª§Plan.ª§Withª§regardª§toª§hazardousª§chemicals,ª§emergency-responseª§measuresª§areª§madeª§accordingª§toª§environmentalª§protectionª§requirementsª§andª§necessaryª§labor-protectionª§appliancesª§andª§emergencyª§materialsª§areª§providedª§accordingª§toª§theª§safetyª§technologyª§manuals,ª§whichª§areª§subjectª§toª§regularª§inspectionª§andª§renewal.ª§Theª§companyª§carriesª§outª§emergencyª§training,ª§emergencyª§drillª§andª§emergencyª§planª§suitabilityª§assessmentª§onª§aª§regularª§basisª§inª§orderª§toª§ensureª§theª§e?ectivenessª§andª§feasibilityª§ofª§emergencyª§responseª§plan.ª§

Emergency-responseª§materialsª§andª§trainingª§drill

Currently,ª§self-monitoringª§isª§carriedª§outª§inª§bothª§manualª§andª§automaticª§manners,ª§andª§quali?edª§unitsª§areª§engagedª§toª§conductª§monitoringª§e?ortsª§inª§aª§regularª§manner.ª§ª§Automaticª§monitoringª§projects:ª§sewageª§generalª§outletª§(COD,ª§ammoniacalª§nitrogen,ª§?ow,ª§phosphorus,ª§totalª§nitrogen);ª§Manualª§monitoringª§projects:ª§COD,ª§BOD,ª§ammoniacalª§nitrogen,ª§SS,ª§chromium,ª§phosphorus,ª§totalª§phosphorus,ª§total-nitrogenª§dailyª§monitoring,ª§otherª§sewage-monitoringª§projects,ª§non-organizedª§exhaust-gasª§emission,ª§solidª§wasteª§andª§factoryª§noise.ª§Monitoringª§workª§isª§performedª§onª§aª§monthlyª§orª§quarterlyª§basisª§byª§aª§quali?edª§unitª§accordingª§toª§theª§localª§environmentalª§protectionª§requirements.ª§

Sewageª§monitoring

Exhaust-gasª§monitoringª§isª§generallyª§intendedª§toª§testª§forª§nitrogenª§oxides,ª§Ringelmannª§scale,ª§sulfurª§dioxide,ª§dustª§andª§fumes,ª§withª§testingª§frequencyª§accordingª§toª§theª§requirementsª§ofª§regulations.ª§

Exhaust-gasª§monitoring

Pollutant-emissionª§self-monitoringª§dataª§andª§environmentalª§monitoringª§plansª§ofª§subsidiariesª§areª§availableª§onª§theª§nationalª§websiteª§forª§majorª§pollution-sourceª§informationª§disclosureª§andª§theª§provincialª§websiteª§forª§majorª§pollution-sourceª§informationª§disclosure.ª§

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Report

stockª§code:002511

Otherª¤environmentalª¤informationª¤toª¤beª¤disclosed6.

Emission-licenseª§informationª§andª§environmentalª§protectionª§informationª§relatedª§toª§emission-licenseª§requirementsª§isª§availableª§onª§nationalª§emissionª§licenseª§managementª§informationª§platform,ª§unlessª§otherwiseª§requiredª§byª§governmentª§authoritiesª§inª§theª§placeª§whereª§theª§subsidiariesª§areª§located,ª§inª§whichª§caseª§suchª§informationª§isª§availableª§onª§theª§platformª§forª§environmentalª§informationª§reportingª§prescribedª§byª§theª§localª§governmentª§authority.ª§Otherª§environmentalª§protection-relatedª§informationª§isª§availableª§inª§"news"ª§sectionª§ofª§websiteª§ofª§theª§company.

Reducingª¤productionª¤costsª¤andª¤achievingª¤energyª¤conservationª¤andª¤emissionª¤reduction

Adheringª§toª§green,ª§low-carbonª§developmentª§philosophy,ª§theª§companyª§strivesª§toª§integrateª§environmentalª§protectionª§andª§companyª§development.ª§Duringª§productionª§process,ª§weª§continueª§toª§renovateª§equipmentª§andª§upgradeª§technology,ª§therebyª§recordingª§YoYª§decreaseª§ofª§powerª§consumptionª§perª§tonª§ofª§paperª§andª§steamª§consumptionª§perª§tonª§ofª§paper.ª§Onª§theª§basisª§ofª§production-costª§reduction,ª§weª§striveª§toª§achieveª§energyª§conservationª§andª§emissionª§reductionª§toª§theª§greatestª§possibleª§extentª§soª§asª§toª§ensureª§win-winª§resultsª§withª§respectª§toª§socioeconomicª§bene?t.

Listª¤ofª¤YoYª¤Decreasesª¤inª¤Equivalentª¤Standardª¤Coal-ª¤andª¤Steam-Basedª¤Powerª¤Consumptionª¤perª¤Tonª¤ofª¤Paperª¤inª¤2017ª¤-ª¤2020ª¤

2017

decreasesª§inª§Equivalentª§standardª§coal-basedª§powerª§consumptionª§

perª§tonª§ofª§paperª§(kgce/t)ª§decreasesª§inª§Equivalentª§standardª§coal-basedª§steamª§consumptionª§

perª§tonª§ofª§paperª§(kgce/t)ª§

201820192020

Item

Chapterª§Vª§ª§Implementingª§greenª§developmentª§andª§ful?llingª§theª§dutyª§towardª§socialª§welfareª§Tradingª¤ofª¤carbon-emissionsª¤rights

Followingª§theª§launchª§ofª§theª§?rstª§tradingª§platformª§ofª§carbonª§emissionª§rightsª§acrossª§Chinaª§onª§Juneª§18,ª§2013,ª§provincesª§andª§citiesª§suchª§asª§Beijing,ª§Tianjin,ª§Shanghai,ª§Guangdong,ª§Hubeiª§andª§Chongqingª§successivelyª§launchedª§pilotª§projectsª§ofª§carbonª§emissionª§rightsª§trading.ª§Amongª§theª§sevenª§pilotª§regions,ª§aª§majorityª§ofª§provincesª§andª§citiesª§provideª§quotaª§toª§emissionª§controlª§enterprisesª§freeª§ofª§charge,ª§soª§carbonª§quotaª§isª§mainlyª§grantedª§byª§virtueª§ofª§administrativeª§allocationª§inª§theª§primaryª§marketª§ofª§quotaª§trading.ª§Speci?cally,ª§Guangdong,ª§Shenzhenª§andª§Hubeiª§grantª§certainª§paidª§quotaª§toª§emissionª§controlª§enterprisesª§byª§virtueª§ofª§auction.ª§Asª§ofª§Decemberª§31,ª§2020,ª§Guangdongª§Jiangmenª§Companyª§andª§Yunfuª§Companyª§hadª§carbonª§emissionª§quota.ª§Hubeiª§Companyª§madeª§budgetª§andª§openedª§anª§accountª§inª§2020,ª§andª§it'sª§expectedª§toª§useª§quotaª§andª§accountingª§sinceª§2021.ª§Otherª§branchesª§areª§notª§yetª§subjectª§toª§carbonª§emissionª§quotaª§andª§accountingª§inª§theª§provincesª§whereª§theyª§areª§located.ª§

Carbonª¤Tradingª¤atª¤theª¤Jiangmenª¤andª¤Yunfuª¤Productionª¤Basesª¤

Unit:ª§10,000t

2019Actualª§emissionª§ofª§Jiangmenª§Carbonª§emissionª§quotaª§ofª§Jiangmen

201820172016

13.60

16.46

15.30

16.24

16.28

16.69

ª§15.10

13.81

Item

JiangmenJiangmenCompany

Actualª§emissionª§ofª§YunfuCarbonª§emissionª§quotaª§ofª§Yunfu

20.43

23.11

14.86

14.68

ª§12.13

12.02

//YunfuYunfuª§Note:ª§actualª§carbonª§emissionª§inª§2020ª§willª§beª§releasedª§afterª§accountingª§byª§reviewª§institutions.ª§Accordingª§toª§actualª§energyª§managementª§andª§controlª§inª§production,ª§it'sª§expectedª§thatª§theª§actualª§carbonª§emissionsª§ofª§Guangdongª§Jiangmenª§andª§Yunfuª§Productionª§Basesª§inª§2020ª§willª§beª§lowerª§thanª§carbonª§emissionª§quotaª§inª§2020.ª§

ª§Jiangmenª§Productionª§Baseª§recordedª§actualª§carbonª§emissionª§higherª§thanª§carbonª§emissionª§quotaª§inª§2016.ª§Byª§continuousª§energyª§conservation,ª§emissionª§reductionª§andª§consumptionª§reductionª§measures,ª§itª§managedª§toª§continuouslyª§reduceª§power,ª§steamª§andª§pulpª§consumptionª§inª§production,ª§andª§actualª§carbonª§emissionsª§inª§2017,ª§2018ª§andª§2019ª§areª§lowerª§thanª§carbonª§emissionª§quotas.ª§Yunfuª§Productionª§Baseª§recordedª§actualª§carbonª§emissionª§higherª§thanª§carbonª§emissionª§quotaª§inª§2017ª§andª§2018.ª§Byª§continuousª§energyª§conservation,ª§emissionª§reductionª§andª§consumptionª§reductionª§measures,ª§itª§managedª§toª§continuouslyª§reduceª§power,ª§steamª§andª§pulpª§consumptionª§inª§production,ª§andª§actualª§carbonª§emissionª§inª§2019ª§isª§lowerª§thanª§carbonª§emissionª§quota.Theª§companyª§willª§continueª§toª§beª§devotedª§toª§energyª§conservation,ª§emissionª§reductionª§andª§consumptionª§reductionª§actionsª§andª§implementª§suchª§actionsª§atª§theª§groupª§levelª§soª§asª§toª§ful?llª§itsª§dueª§socialª§responsibilityª§forª§environmentalª§protection.

Ful?llingª¤theª¤dutyª¤towardª¤socialª¤welfare

Joiningª¤theª¤battleª¤againstª¤COVID-191.COVID-19ª§rapidlyª§spreadª§throughoutª§theª§countryª§andª§theª§worldª§inª§2020.ª§Inª§theª§increasinglyª§seriousª§pandemicª§situation,ª§allª§C&Sª§peopleª§haveª§beenª§determinedª§toª§?ghtª§andª§winª§theª§battleª§againstª§COVID-19ª§byª§mobilizingª§allª§resourcesª§toª§controlª§theª§spreadª§ofª§theª§epidemic.ª§Asª§aª§companyª§withª§socialª§responsibility,ª§C&Sª§caresª§aboutª§theª§generalª§public.ª§Itª§donatedª§RMBª§10.8ª§millionª§ofª§cashª§andª§sanitaryª§disinfectingª§wipesª§andª§otherª§tissueª§paperª§worthª§RMBª§0.5ª§millionª§forª§speci?cª§useª§againstª§COVID-19.ª§Itª§hasª§beenª§standingª§withª§medicalª§workersª§inª§theª§battleª§againstª§theª§pandemicª§andª§tidingª§overª§theª§crisis.

Atª§theª§beginningª§ofª§2021,ª§COVID-19ª§epidemicª§showedª§exacerbatingª§trendª§inª§Shijiazhuang,ª§Hebeiª§Province.ª§Onª§Februaryª§2,ª§charityª§suppliesª§donatedª§byª§C&Sª§arrivedª§inª§Shijiazhuang.ª§2245ª§containersª§ofª§C&Sª§andª§Doremiª§suppliesª§withª§aª§totalª§valueª§ofª§overª§RMBª§1ª§million,ª§includingª§masks,ª§sanitizersª§andª§women'sª§sanitaryª§shorts,ª§wereª§timelyª§handedª§outª§toª§personnelª§workingª§onª§theª§frontª§lineª§againstª§theª§epidemic,ª§bene?tingª§healthcare,ª§police,ª§communityª§neighborhoodª§committeeª§personnel,ª§communityª§volunteersª§inª§theª§?ghtª§againstª§COVID-19ª§andª§securityª§hotelsª§andª§quarantineª§hotels,ª§amongª§others,ª§thatª§provideª§assistanceª§toª§medicalª§workersª§inª§Shijiazhuangª§inª§orderª§toª§helpª§COVID-19ª§preventionª§andª§controlª§personnelª§defendingª§eachª§lineª§ofª§defense.ª§

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Report

stockª§code:002511

Chapterª§Vª§ª§Implementingª§greenª§developmentª§andª§ful?llingª§theª§dutyª§towardª§socialª§welfareª§Meanwhile,ª§artistsª§andª§celebritiesª§includingª§Jiangª§Kun,ª§Huangª§Xiaoming,ª§Zhouª§Weiª§andª§Gongª§Hanlinª§joinª§handsª§withª§C&Sª§andª§Doremiª§toª§provideª§onlineª§video-basedª§?lmª§toª§encourageª§relevantª§personnelª§toª§?ghtª§againstª§COVID-19.ª§

Engagingª¤inª¤trans-boundaryª¤productionª¤ofª¤medicalª¤suppliesª¤toª¤helpª¤front-lineª¤medicalª¤workersª¤

2.

Inª§orderª§toª§gainª§controlª§ofª§COVID-19ª§andª§satisfyª§theª§pressingª§demandª§forª§scarceª§protectionª§supplies,ª§theª§companyª§respondedª§toª§governmentª§appealª§byª§rapidlyª§engagingª§inª§trans-boundaryª§productionª§ofª§masks.ª§Speci?cally,ª§theª§companyª§completedª§aª§seriesª§ofª§tasksª§onª§aª§tightª§scheduleª§includingª§renovationª§ofª§RMBª§100,000-levelª§dust-freeª§plant,ª§productionª§lineª§procurement,ª§selectionª§ofª§¡ÝBFE95ª§melt-blownª§fabricª§rawª§materials.ª§Theª§companyª§managedª§toª§implementª§maskª§productionª§e?ortsª§atª§theª§fastestª§speed,ª§strictestª§standardsª§andª§highestª§requirements,ª§andª§donatedª§theª§masksª§toª§frontª§timeª§hospitalsª§inª§Hubei.ª§

Providingª¤Beltª¤andª¤Roadª¤charityª¤suppliesª¤toª¤helpª¤?ghtª¤COVID-19ª¤globally

3.

Theª§3rdª§"Beltª§andª§Road:ª§Peopleª§toª§Peopleª§Bonds"ª§Handª§inª§Handª§Activityª§ofª§Students,ª§jointlyª§organizedª§byª§Chinaª§Charityª§Federation,ª§Chinaª§NGOª§Networkª§forª§Internationalª§Exchangesª§andª§Chinaª§Foundationª§forª§Peaceª§andª§Development,ª§launchedª§theª§"childrenª§healthª§loveª§package"ª§projectª§inª§Beijing.ª§C&Sª§donatedª§approximatelyª§4ª§millionª§masksª§toª§countriesª§includingª§Russia,ª§Pakistanª§andª§Myanmarª§viaª§Chinaª§Charityª§Federationª§inª§orderª§toª§facilitateª§globalª§e?ortsª§againstª§COVID-19.ª§Thisª§representsª§theª§company'sª§e?ortsª§inª§socialª§welfareª§undertakingª§beyondª§bordersª§andª§indirectlyª§re?ectsª§theª§commitmentª§ofª§Chinaª§inª§enhancingª§worldª§health.ª§

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Reportstockª§code:002511

Targetedª¤povertyª¤alleviation4.Onª§theª§basisª§ofª§activelyª§respondingª§toª§nationalª§appealª§regardingª§targetedª§povertyª§alleviationª§andª§inª§orderª§toª§e?ectivelyª§implementª§guidingª§principlesª§ofª§signi?cantª§instructionsª§madeª§byª§Generalª§Secretaryª§Xiª§Jinpingª§thatª§theª§di?cultyª§andª§priorityª§ofª§povertyª§alleviationª§developmentª§liesª§inª§targetedª§aspectª§andª§non-publicª§enterpriseª§resourcesª§areª§encouragedª§toª§takeª§partª§inª§povertyª§alleviationª§withª§ª§all-roundª§responsibility,ª§theª§companyª§respondsª§toª§localª§appeal,ª§implementsª§targetedª§povertyª§alleviationª§e?ortsª§andª§deepensª§povertyª§alleviationª§developmentª§andª§ruralª§revitalizationª§e?orts.ª§Inª§2020ª§weª§repeatedlyª§paidª§visitsª§toª§poverty-strickenª§areasª§andª§carriedª§outª§targetedª§povertyª§alleviationª§workª§inª§threeª§aspectsª§includingª§capitalª§donation,ª§materialsª§donationª§andª§employmentª§ofª§poverty-strickenª§individuals:ª§

Inª§lineª§withª§theª§frameworkª§agreementª§onª§joinedª§e?ortsª§inª§buildingª§aª§moderatelyª§prosperousª§societyª§withª§Jinzhaiª§Village,ª§Huanghuaª§Town,ª§Yongshanª§County,ª§Shaotong,ª§weª§donatedª§RMBª§40,000ª§toª§Jinzhaiª§Village,ª§whichª§willª§beª§usedª§forª§constructionª§ofª§localª§basicª§residentialª§facilities,ª§improvingª§localª§livingª§conditionsª§andª§enhancingª§publicª§welfareª§povertyª§alleviationª§outcomes.Weª§carriedª§outª§targetedª§povertyª§alleviationª§actionª§inª§Heishuiª§County,ª§Abaª§Tibetanª§andª§Qiangª§Autonomousª§Prefectureª§(Sichuanª§Province),ª§withª§totalª§donationª§ofª§RMBª§5,000.ª§Weª§paidª§povertyª§alleviationª§visitª§toª§Wupuª§Middleª§Schoolª§inª§Wupuª§Town,ª§Yunmengª§County,ª§Xiaoganª§City,ª§Hubeiª§Province,ª§withª§donationª§ofª§epidemicª§preventionª§suppliesª§worthª§RMBª§30,000.ª§Weª§o?eredª§jobª§forª§5ª§localª§targetedª§povertyª§alleviationª§individualsª§inª§Xiaoganª§City,ª§Hubeiª§Provinceª§andª§signedª§laborª§contractsª§withª§theseª§individuals.ª§Additionally,ª§weª§participatedª§inª§povertyª§alleviationª§andª§farmersª§supportingª§activitiesª§accordingª§toª§appealª§ofª§localª§governmentª§andª§purchasedª§RMBª§50,000ª§ofª§farmersª§supportingª§supplies.ª§

Chapterª§Vª§ª§Implementingª§greenª§developmentª§andª§ful?llingª§theª§dutyª§towardª§socialª§welfareª§

Engagingª¤inª¤public-welfareª¤undertakings5.C&Sª§inª§cooperationª§withª§sportsª§andª§healthª§channelª§ofª§Shenzhenª§Mediaª§Groupª§establishedª§theª§Shenzhenª§Radioª§andª§TVª§Publicª§Welfareª§Foundation-Xueª§Fund,ª§whichª§willª§beª§appliedª§toª§variousª§publicª§welfareª§organizationsª§andª§projectsª§andª§participateª§inª§publicª§supportª§andª§charitableª§assistanceª§tasks.ª§Onª§Doubleª§Elevenª§inª§2020,ª§theª§companyª§launchedª§theª§"youª§buyª§andª§Iª§donate"ª§activityª§whereª§itª§promisedª§toª§donateª§1%ª§ofª§totalª§turnoverª§ofª§"C&Sª§JDª§Self-operatedª§O?cialª§Flagshipª§Store"ª§onª§JDª§platformª§fromª§00:00ª§onª§Octoberª§21,ª§2020ª§toª§24:00ª§onª§Novemberª§11,ª§2020ª§toª§theª§Shenzhenª§Radioª§andª§TVª§Publicª§Welfareª§Foundation-Xueª§Fund.ª§Andª§1%ª§ofª§totalª§turnoverª§ofª§Tmallª§"C&Sª§Flagshipª§Store"ª§wasª§donatedª§toª§Zhongshanª§Charityª§Federationª§toª§supportª§theª§developmentª§ofª§socialª§welfareª§charityª§undertakings.ª§Theª§companyª§alsoª§paysª§regularª§visitsª§toª§nursingª§institutionsª§forª§theª§agedª§duringª§festivalª§periodsª§inª§orderª§toª§expressª§compassionª§andª§careª§forª§theª§elderly.ª§

Weª§donatedª§RMBª§100,000ª§ofª§povertyª§alleviationª§fundª§toª§Luodingª§City,ª§Guangdongª§Provinceª§andª§providedª§jobª§forª§12ª§targetedª§povertyª§alleviationª§individualsª§inª§Luodingª§City.ª§Additionally,ª§weª§helpedª§registeredª§poverty-strickenª§individualsª§toª§getª§employedª§andª§signª§laborª§contractsª§withª§them.

"C&Sª¤Cup"ª¤internationalª¤standardª¤dancingª¤openª¤championship6.

Theª§company,ª§inª§2020,ª§continuedª§toª§sponsorª§theª§"C&Sª§Cup"ª§internationalª§standardª§dancingª§openª§championshipª§andª§heldª§13ª§wonderfulª§eventsª§inª§citiesª§suchª§asª§Shenzhen,ª§Guangzhou,ª§Zhengzhou,ª§Yinchuan,ª§Xi'ning,ª§Foshan,ª§Shunde,ª§Zhongshan,ª§Dongguan,ª§Qianjiangª§andª§Hengyang.ª§Chinaª§internationalª§standardª§danceª§isª§aª§fashionableª§andª§elegantª§danceª§thatª§isª§veryª§popularª§amongª§theª§public,ª§integratingª§massª§feature,ª§entertainmentª§feature,ª§artisticª§featureª§andª§competitionª§feature.ª§Byª§virtueª§ofª§sponsorshipª§ofª§theª§event,ª§weª§facilitateª§theª§promotionª§ofª§internationalª§standardª§danceª§acrossª§Chinaª§andª§playª§aª§roleª§inª§buildingª§aª§harmoniousª§society,ª§facilitatingª§theª§prosperityª§ofª§cultureª§andª§enrichingª§cultureª§andª§sportsª§lifeª§throughoutª§theª§public.ª§

ª¤ª¤C&Sª¤ª¤Environmental, Social and Governance (ESG) Report

stockª§code:002511

Outlook

Theª§company,ª§inª§2021,ª§willª§seizeª§theª§opportunityª§toª§secureª§furtherª§progress,ª§strideª§forwardª§withª§greatª§con?denceª§andª§adhereª§toª§itsª§guidingª§principles.ª§Underª§theª§ideologicalª§guidanceª§ofª§¡°innovation,ª§enablementª§andª§accountability,¡±ª§allª§sta?ª§willª§continueª§theª§pursuitª§ofª§progress.ª§Particularly,ª§we'llª§continueª§toª§operateª§inª§aª§compliantª§andª§honestª§manner,ª§facilitateª§theª§in-depthª§integrationª§ofª§productª§qualityª§andª§consumerª§experience,ª§re?neª§functionsª§andª§expandª§varieties,ª§createª§valueª§forª§shareholders,ª§buildª§aª§favorableª§developmentª§platformª§forª§employees,ª§andª§contributeª§towardª§socialª§development.

Chapterª¢VIª¢

Inª§theª§eventª§ofª§anyª§inconsistencyª§betweenª§theª§Chineseª§andª§Englishª§versions,ª§theª§Chineseª§versionª§shallª§prevail.ª§