思瑞浦(688536):2023 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT
原标题:思瑞浦:2023 Environmental, Social and Governance Report Improving Governance and Driving Product Upgrade Improving Quality to Consolidating Operation through Innovation Become a Quality ModelAbout This Report 02 Foundations Letter from Chairman 03 Corporate Governance 15 Innovation and R&D 28 Quality Control 362023 Highlights 04 ESG Governance 24 Lean Management 41 Intellectual Property 31 Aligned UN SDGs 06 Information Security 33 07 About 3PEAK Working Together for People-oriented for Developing Green Industrial Prosperity a Better Future Products and PracticingLow-Carbon Operation Future Outlook Customer Service 43 Employees’ Rights and Interests 50 Clean Technology Development66 61 Distributor Management Employee Development Hazardous Substances ControlGlossary of Terms 67 45 54 63 Supplier Management 46 Employee Care Indicator Index 70 58 Energy Saving and Emission Reduction 65Reader’s Feedback 70 Industry Development 48 Employees' Health and Safety 59About This Report This is the 3rd Environmental, Social and Governance (ESG) Report issued by 3PEAK INCORPORATED (Stock code: 688536.SH) to provide our stakeholders with comprehensive information on the company's ESG practices and related performance. About This Report This is the 3rd Environmental, Social and Governance (ESG) Report issued by 3PEAK INCORPORATED (Stock code: 688536.SH) to provide our stakeholders with comprehensive information on the company's ESG practices and related performance. This Report has been prepared in accordance with the No. 1 Self-regulatory Guidelines of the Shang-This Report is an annual report for the period from 1 January to 31 December 2023 (hereinafter hai Stock Exchange for Listed Companies – Standardized Operation, Guidelines on the Global referred to as “the Reporting Period” ). To enhance the readability of the Report, some contents or Reporting Initiative (GRI)’s Sustainability Reporting Standards (2021), the United Nations 2030 data related to the previous or subsequent year are referred to in this Report.Sustainable Development Goals (UN SDGs), Corporate Social Responsibility Reporting for Chinese Enterprises 5.0 (CASS-ESG 5.0) Index and the Social Responsibility Management System for Electron-ic Information Industry (SJ/T 16000-2016). For the convenience of description and reading, 3PEAK INCORPORATED and its subsidiaries are referred to as “3PEAK”, “The Company”, or “we”. This Report is based on 3PEAK, and the This Report can be read online or download-scope of the Company's Annual Report Stock Exchange (www.sse.com.cn) and the The qualitative and quantitative information used in this Report is derived from 3PEAK's public unless otherwise noted. o cial website of 3PEAK (www.3peak.com).information, internal documents, and relevant statistics. Unless otherwise stated, the currencies involved in the Report are measured in RMB. 2023 Highlights 2023 Highlights To better serve global customers and markets, 3PEAK has upgraded its brand. Our website has been changed to www.3peak.com. The original brand identity, combined with the classic black and silver colors, better re ects 3PEAK’s technological, modern, international, and simple but elegant brand image. Our innovation projects were in full swing this year and we launched many high-performance and high-quality products. 3PEAK’ s Automotive-Grade Test Plant is designed to test Laboratory Centre accredited by Awarded ISO 26262:2018 ASIL D Aligned UN SDGs We strive to be a respected leader in analog and embedded solutions for the semiconductor industry, and we have always believed that the long-term creation of value depends on the sustainable development of our business. While continuing to develop under the values of “Integrity, Responsibility, Collaboration, Innovation and Growth”, we actively respond to the United Nations Sustainable Development Goals (SDGs) and contribute to global sustainability, taking into account the expectations of our stakeholders and reality.People-oriented Developing Green Products and Chapter Improving Governance and Focusing on Quality Improvement Working TogetherDriving Product Upgrading for a Better Future Practicing Low-Carbon Operation Consolidating Operations to Become a Quality Model for Industrial Prosperitythrough Innovation Improve the level of corpo- Adhere to independent Adhere to the establish- Increase investment in clean Create an equal, inclusive, requirements, and adhere to rate governance, enhance development and innova- ment of fair, trustworthy, technologies and green prod- and diverse workplace envi- product development, to ESG management capabili- tion, cultivate R&D and and mutually-bene cial ucts, promote energy conser- ronment, provide employ- provide the most competi- ties, enhance the core com- innovation teams with core Responding cooperative relations with vation and emission reduc-ees with rich and diverse tive products for global cus- petitiveness of enterprise, competitiveness, and drive to SDGs customers, suppliers, and tion, strictly control hazardous welfare policies and devel- tomers with high-quality and promote sustainable continuous breakthroughs other stakeholders to joint- substances, promote green opment opportunities, and product and service. development of enterprise. in technology and products. ly promote the prosperity o ce, and share sustainable jointly build a diversi ed and development of the green life. corporate culture. industry. Seek long-term success Development Strategies Signal chain technology reach the international advanced level Strengthen the power management product line Invest in mixed signal product line Develop more categories of signal chain products with Expand the power management product seriesImprove the digital chip design capability and higher levels of integration increase investment in embedded processor devel- Advance the platform-oriented development of opment Narrow the gap with international advanced peer enter- the Companyprises Achieve synergy between product lines to provide customers with comprehensive solutions Enhance industrial collaboration Global layout and developmentFocus on fundamental and core technologies Increasingly invest in the development of automo- Continue to introduce high-quality suppliers at Introduce outstanding talents and advance R&D tive-grade, isolation, and other IPs and technologies home and abroad and cooperate with suppliers globally extensively and in depth Perform prospective research on process and devices, Establish global technical service and sales packaging design, automated testing, and other pro- Meet customized high-end product testing needs networks to serve an increasing number of inter- cesses by building self built testing plant national customersBuilding R&D and Sales Networks Worldwide sales Technical innovation High quality test plantand support by global talent pool for automotive products Sales center R&D and innovation are essential for 3PEAK's steady R&D centerand rapid development. The Company is generous Domestic sales center Shanghai Xi'an in R&D investment and has established eight R&D Singapore Beijing, Shanghai, Xi'an, Suzhou centers in Shanghai (Zhangjiang, Lingang, and Cao- Hangzhou, Shenzhen, Chengdu Main Sales O ces hejing), Suzhou, Chengdu, Beijing, Tianjin, Hang- Taipei Beijing zhou, Xi'an, and Singapore respectively, to perform R&D Sites Overseas sales center Tianjin Embe Signal Chains Power Management Proc Product Matrix Universal Operational Hall Signal Temperature High-Speed Low Precision Resistance Network Isolated Data Converter Clock Bu er Ampli er Conditioning AFE Sensor Jitter Clock Ampli er High-Speed OPA Precision SAR ADC CAN Transceiver LVDS Transceiver Low-Noise OPA Precision SD ADC RS485 Transceiver High-Speed Bus High Common-Mode Current-Sensing I2C Interface Extension/ High-Speed ADC RS232 Transceiver High-Voltage Switch Voltage Di erence Precision DAC Logarithmic Ampli er Ampli er Level Switching Ampli er Multi-Channel RF Power Comparators High-Speed DAC Analog Switch Digital Isolator Video Filter Power Detection AFE Isolation InterfaceAmpli er Control AFE Low Dropout Linear Battery Monitoring Boost-Buck Buck Converter Isolated Driver Electricity Meter Boost Converter Power SwitchRegulator System AFE Converter Power Up and Multi-Channel Power Power Reset Monitor Buck-Boost Converter Hot Swap Controller Watchdog Ethernet Power Supply Electronic Fuse Down Sequence Control Management PMIC Ideal Diode System Monitor Isolated Power Supply Voltage Reference Motor Driver Battery Charger Gate Driver Battery Protector Automotive-Grade MCU Corporate Governance Governance Structure 3PEAK strictly adheres to the Company Law of the People’s Republic of China, the Securities Law of the To safeguard the legitimate rights and interests of the Company, shareholders, and creditors and People’ s Republic of China, the Rules of Shanghai Stock Exchange for Stock Listing on the STAR Market, to regulate our organization and actions, we have established and improved the Articles of Asso- the Guidelines No.1 of the STAR Market of Shanghai Stock Exchange for Self-regulation of Listed Compa- ciation, the Rules of Procedure of the Board of Directors, the Rules of Procedure of the Board of nies - Standardized Operation, and other laws and regulations. We have established a comprehensive Supervisors, the Rules of Procedure of the General Meeting of Shareholders, the Working Rules governance structure and system which maintains compliance with regulations, standardizes corporate for Independent Directors, and other rules. These rules de ne the responsibilities and authorities, operations, enhances corporate value, and seeks win-win outcomes in promoting sustainable develop- rules of procedures, and working methods of our departments and bodies at all levels as well as ment strategies. ensuring the separation of decision-making, executive, and supervisory functions. Since our public listing, we have established the corporate governance structure consisting of the General Meeting of Shareholders, the Board of Directors, the Board of Supervisors, and management, as General Meeting of well as rule-based and scienti cally based operating and decision-making mechanisms to guide Shareholders our high-quality and sustainable development. no instances occurred which harmed the rights and interests of minority shareholders.During the Reporting Period, 3PEAK total held Board of Directors General Meetings of meetings of the Board of meetings of the Board of The Company operates on scienti cally based decision-making and selects Shareholders Directors Supervisors directors in strict accordance with the conditions and procedures set out in 2 9 8 the Articles of Association to ensure that the selection is transparent, fair, During the Reporting Period, 3PEAK total held Board of Directors General Meetings of meetings of the Board of meetings of the Board of The Company operates on scienti cally based decision-making and selects Shareholders Directors Supervisors directors in strict accordance with the conditions and procedures set out in 2 9 8 the Articles of Association to ensure that the selection is transparent, fair, Independent Directors and 1 female Director. Our Directors ful l their duties diligently by carefully reviewing and approving proposals, as well as safe- meetings of the Audit meetings of the Remuneration meeting of the Strategy Committee and Appraisal Committee Committee guard the legitimate rights and interests of the Company and shareholders, particularly minority shareholders. The Independent Directors adhere to the 6 3 1 Working Rules for Independent Directors and provide the Company with comprehensive and constructive development advice based on their exper-tise. During the Reporting Period, 3PEAK convened 9 meetings of the Board of Directors to discuss the Proposal of the Company to Issue Shares, Pay Board of Supervisors Cash to Acquire Assets, and Raise Funds, the Proposal on the Company’s 2022 Annual Pro t Distribution Plan, the Proposal on the Company’s 2023 Supervisors are appointed and adheres to the rules of procedure, deliberation methods, and voting procedures out in the Restricted Stock Incentive Plan (Draft) and Its Summary, the Proposal on the Company Law of the People’s Republic of China and the Articles of Association, to ensure they work e ciency and make Company’ s Environmental, Social and Governance (ESG) Report 2022 and scienti cally based decisions. With the leadership of the Shareholders' General Meeting and the support and cooperation of among other important matters. the Board of Directors and senior management, the Board of Supervisors actively carries out its work with the aim of safe- The Board of Directors convenes meetings, discusses, votes on proposals, guarding the legitimate rights and interests of the company and all shareholders. Speci cally, it supervises the Company’ s and makes decisions in accordance with the Company Law of the People’s operations, nancial conditions, and related-party transactions, as well as the performance of duties by senior management Republic of China and the Articles of Association. The Board of Directors has in accordance with the law. During the Reporting Period, the Board of Supervisors held 8 meetings.4 ad-hoc committees, namely, the Audit Committee, the Remuneration and To raise compliance awareness and enhance duty-performing capabilities of our Directors, Supervisors, senior management, Assessment Committee, the Strategy Committee and the Nomination Com-and other relevant personnel, the Company requires them to actively participate in regulatory training in regards to informa- mittee. They assist the Board of Directors in ful lling its decision-making and Information Disclosure Investor Relations Transparent disclosure is an essential part of good corporate governance and A robust communication channel serves as a bridge between 3PEAK and investors. For this reason, we have developed and sustainable development. It helps to protect investors’ interests, maintain continuously improved the Investor Relations Management Policy to standardize our investor communication activities and market stability, and build trust. To ensure that all shareholders, especially daily communication. Through performance presentations, investor communication meetings, the General Meeting of Share- minority shareholders, have equal rights to know and participate in major holders, the investor hotline, email, and SSE E-interactive, we actively communicate with investors on major matters such as matters of the Company, 3PEAK has formulated and improved the Informa-our business performance and patiently addressing their concerns.tion Disclosure Management Policy and the Signi cant Information Reporting Investor Hotline：021-58886086 Policy following the laws and regulations such as the Administrative Measures E-mail：[email protected] for the Disclosure of Information of Listed Companies and the Rules of Shang-hai Stock Exchange for Stock Listing on the STAR Market and based on the Focusing on generating returns for investors, the Company has established a scienti cally based, sustainable, and stable realities of the Company. We actively ful ll information disclosure obligations shareholder dividend distribution mechanism to ensure that investors receive a reasonable return on their investment. We and disclose information in a true, accurate, complete, and timely manner. regularly formulate a new dividend payment plan every three years. During the Reporting Period, 3PEAK formulated the Divi- The Company carefully manages its insider information including operating dend Payment Plan for the Next Three Years (2024-2026) to maintain the continuity and stability of pro t distribution policies. and nancial data and registers insiders in accordance with laws and regula-tions such as the Provisions on the Registration and Management Policy for During the Reporting Period, 3PEAK Insiders of Listed Companies and our Insider Registration and Management Policy. Held Answered 41 Held 4 3 During the Reporting Period performance presentations for investor questions on teleconferences with 3PEAK disclosed small and medium investors SSE E-interactive institutional investorsInformation Disclosure Investor Relations Transparent disclosure is an essential part of good corporate governance and A robust communication channel serves as a bridge between 3PEAK and investors. For this reason, we have developed and sustainable development. It helps to protect investors’ interests, maintain continuously improved the Investor Relations Management Policy to standardize our investor communication activities and market stability, and build trust. To ensure that all shareholders, especially daily communication. Through performance presentations, investor communication meetings, the General Meeting of Share- minority shareholders, have equal rights to know and participate in major holders, the investor hotline, email, and SSE E-interactive, we actively communicate with investors on major matters such as matters of the Company, 3PEAK has formulated and improved the Informa-our business performance and patiently addressing their concerns.tion Disclosure Management Policy and the Signi cant Information Reporting Investor Hotline：021-58886086 Policy following the laws and regulations such as the Administrative Measures E-mail：[email protected] for the Disclosure of Information of Listed Companies and the Rules of Shang-hai Stock Exchange for Stock Listing on the STAR Market and based on the Focusing on generating returns for investors, the Company has established a scienti cally based, sustainable, and stable realities of the Company. We actively ful ll information disclosure obligations shareholder dividend distribution mechanism to ensure that investors receive a reasonable return on their investment. We and disclose information in a true, accurate, complete, and timely manner. regularly formulate a new dividend payment plan every three years. During the Reporting Period, 3PEAK formulated the Divi- The Company carefully manages its insider information including operating dend Payment Plan for the Next Three Years (2024-2026) to maintain the continuity and stability of pro t distribution policies. and nancial data and registers insiders in accordance with laws and regula-tions such as the Provisions on the Registration and Management Policy for During the Reporting Period, 3PEAK Insiders of Listed Companies and our Insider Registration and Management Policy. Held Answered 41 Held 4 3 During the Reporting Period performance presentations for investor questions on teleconferences with 3PEAK disclosed small and medium investors SSE E-interactive institutional investors175 81 94 Organized major investor Paid RMB meetings,which were documents announcements annexes to attended by 90,985,100 announcement as dividends (including taxes) since the IPO Internal Control and Risk Management Fully aware of the importance of internal control and risk management to corporate governance, 3PEAK carefully carries out the internal control of business operations and analyzes risks from the external environ- ment, internal operations, and business perspectives, to improve operational e ciency and e ectiveness as well as promote high-quality development of the Company. Internal Control In accordance with the Basic Standards for Enterprise Internal Control and the supporting guidelines, 3PEAK has developed Human resources and Capital and Corporate governance Investment management Financing management compensation management expense management and improved a set of internal control policies and proce- dures, and standardized internal control processes. We strictly follow the control processes to carry out activities and miti-gate potential risks. Additionally, we engage internal and external personnel to test and review our internal control and audit performance every year. We also continuously improve Sales and accounts the internal control management systems for corporate gov- Procurement andR&D management Asset management Inventory management receivable management accounts payable management ernance, human resources and compensation management, capital and expense management, and investment manage- ment. During the Reporting Period, the Company e ectively identi- ed and analyzed the potential risks that may rise by consid-ering its internal business characteristics and the industry-spe- Financial report and Government subsidy Information technology Contract management Tax management disclosure management management general controls ci c features. As a result, we added or optimized manage- ment processes including nancial report management, Internal Control System inventory management, R&D management, sales and accounts receivable management, and information technolo- Risk Management and oversees risk management Company is involved in any signi cant legal or regulatory Improves the risk identi cation and management capabili- breaches or major risks ties of business units, and strengthens the risk management Integrates internal control and management into our daily awareness and accountability of front-line personnel operations and product development processBCM Risk Management Business Continuity Policy and Management Commitment In order to maintain business continuity, improve the Company’s risk prevention and control capabilities, and e ectively respond to various emergencies, 3PEAK has formulated the Business Impact Analysis and Risk Analysis Control Procedure. This is aligned with BCM Guidelines - to improve internal management,
We strictly comply with the export control, sanctions laws, and regulations applicable in China and in the countries and regions where we operate. We have formulated and improved the Management Policy for Export Control and Sanctions Compliance and established an audit and evaluation mechanism. Under this mechanism, audits and evaluations are organized by the Compliance Management Working Group and led by the Compliance Department. This has standardized our trade compliance requirements and enforcement measures and helped us better adapt to changes in the external macro-environment and reduce business risks. Our trade compliance management is under the overall direction of the General Manager, organized and coordinated by the Compliance Management Working Group, and implemented by the Legal Department. Other relevant business units will perform their compliance duties and responsibilities in accordance with the relevant policies and guidelines. We continue to optimize the trade compliance management process and have integrated it into Holistic assessment for risk identi cation Special audit and timely recti - our OA system to assess and record the compliance status of our partners and products in real Trade Compliance We strictly comply with the export control, sanctions laws, and regulations applicable in China and in the countries and regions where we operate. We have formulated and improved the Management Policy for Export Control and Sanctions Compliance and established an audit and evaluation mechanism. Under this mechanism, audits and evaluations are organized by the Compliance Management Working Group and led by the Compliance Department. This has standardized our trade compliance requirements and enforcement measures and helped us better adapt to changes in the external macro-environment and reduce business risks. Our trade compliance management is under the overall direction of the General Manager, organized and coordinated by the Compliance Management Working Group, and implemented by the Legal Department. Other relevant business units will perform their compliance duties and responsibilities in accordance with the relevant policies and guidelines. We continue to optimize the trade compliance management process and have integrated it into Holistic assessment for risk identi cation Special audit and timely recti - our OA system to assess and record the compliance status of our partners and products in real time. This enables the digital control of our compliance status and day-to-day operations as well as improves the e ciency and e ectiveness of our trade compliance management as far as possi-Conduct overall assessment of Organize special audits of the spe-ble. During the Reporting Period, we summarized and reported on our trade compliance practices the compliance performance of ci c departments/businesses from each month and monitored, assessed, and reported on new regulations and their impact more 3PEAK’ s business units, identify time to time based on their operat-than 10 times. Meanwhile, the Company provided training on export control and economic sanc-compliance risks, and improve ing performance and make timely tions compliance for all employees, specialized training for speci c departments, and export con-compliance capabilities. corrections to avoid omissions and trol training for management personnel, to raise their awareness of trade compliance.risks. Business Ethics and Anti-Fraud Additionally, we are developing and improving anti-fraud policies, such as the Anti-Fraud and Whistleblowing Policy. We des- 3PEAK upholds high ethical standards, strictly adheres to local laws and ignated the Audit Department as the permanent anti-fraud body responsible for organizing and implementing anti-fraud regulations in countries where we conduct business activities and requires practices within the Company. We are committed to eradicate bribery, kickbacks, insider trading, abuse of power, and the like, all employees to understand and adhere to business ethics at work. We the Company encourages internal and external stakeholders to report non-compliant acts. We have an anti-fraud and whis- have established a Business Ethics Committee consisting of representatives tle-blowing email box ([email protected]) for all stakeholders. We have also continuously improved the whistle-blowing pro- from the Audit Department, the Finance Department, the Human Resourc-cess to ensure that matters reported are handled fairly and impartially.es Department, and the Legal Department. The Business Ethics Committee is responsible for formulating and revising policies and procedures on busi-ness ethics, reviewing and monitoring the implementation of these poli- Review the report for admissibility upon receipt and determine the investigation method based on the complexity of the case. cies and procedures, analyzing, investigating, and handling our business ReceivingEscalate to the Business Ethics Committee. The Audit Department investigates the reports ethics related issues and disputes. It also holds regular meetings to review case independently or with support from the Human Resources and other depart-our major business ethics matters. ments. We have developed the Code of Ethical Business Conduct which provides detailed principles adhering to the code of business ethics, avoiding of During the investigation, the person reported shall provide information as requested Investigation and and will be subject to inquiries, interviews and other investigations.con icts of interest, anti-corruption, anti-bribery practices, as well as outlin-evidence collection Issue the investigation reports and handling opinions after the investigation is done.ing the manners of handling gifts, hospitality, and other matters. All employees of the Company are required to strictly abide by it in their day-to-day work and business activities. At the same time, we extend the Submit the investigation report and handling opinions to the Business Ethics Commit-code of ethical business to our partners and have formulated the Code of tee for a decision. Escalation for Conduct for Suppliers’ Social Responsibility and the Code of Clean Supplier Employees found to have committed fraud will be subject to administrative disci-handling plinary action in accordance with the relevant regulations. If the act is a criminal Conduct, setting out the ethical conduct requirements for all of our suppli-o ence, it will be referred to the judicial authorities for prosecution.ers. To eliminate bribery in business, we require suppliers to sign integrity agreements to foster a transparent cooperation environment. Whistleblowing and Handling Procedures While continuously improving its policies and procedures, the Company actively promotes awareness of business ethics and a culture of integrity among employees. We conduct regular online and oine anti-fraud training for all employees every year. During the Reporting Period, we conducted an anti-fraud training, and 100% of our employees attended. The training introduced employees to the concept of fraud, the anti-fraud and whistle-blowing mechanism, as well as the gift refusal and registration rules which e ectively raised the anti-fraud awareness of all employees. In addition, our Internal Control Department assesses the internal control system and process every year, with business ethics and anti-fraud risks also evaluated. Through identifying risks, setting control targets, and performing control activities, we continue to improve the internal control system to ensure that our operation and decision-making processes are consistent with compliance requirements and business ethics. ESG Governance ESG Governance Structure Scienti cally based and sound ESG governance is the cornerstone of integrating the Building a robust ESG governance structure is the cornerstone of a company’s sustainable growth. To facilitate concept of sustainable development into the daily management and operations of the the long-term e ectiveness of our sustainability management system, we have established a three-tier ESG company. We gradually build and improve the ESG management method by the com-governance structure consisting of the Board of Directors, the ESG Working Committee and the Executive munication between internal and external stakeholders and continuously improving the Departments as the decision-making, coordinating and implementing bodies, respectively. company's ESG governance capability, and strive to promote the sustainable develop-ment of the economy and society. 3PEAK INCORPORATED ESG Management The Board of Directors, as the highest decision-making body of ESG work, is responsible for formulating the Company's ESG stra-As an IC designer, we insist on integrating ESG management into all aspects of our busi-
3PEAK places great emphasis on communication with stakeholders and has established a regular communication mechanism. By adopting various communication approaches, we can understand and respond to the expectations and requirements of stakeholders in a timely manner, including governments and regulators, shareholders and investors, industries and institutions of higher learning, customers, suppliers, employ- ees, communities, and the public. In doing so, we aim to foster a collaborative environment of mutual bene ts and win-win outcomes. Stakeholders Government and Regulatory Shareholders and Investors Industry and University Customers Suppliers Employees Environment Hotline and email inquiries Participate in industry employees Customer research and Investor exchange conferences/seminars Green products visits Sta meeting and annual Institutional inspection meetings Promote industry-uni- meeting Green o ce Technical support and Supplier audit Daily regulatory SSE E-interactive communi- versity-research Communication technical seminars Employee satisfaction communication cation Strictly control Supplier communication cooperation survey and opinion harmful substances mechanism Customer service hotline Policy implementation Disclosure of interim Supplier training collection announcements and Quali cation Customer satisfaction Information disclosure Regular sta training periodic reports certi cation survey Employee welfare and club General meeting of building activities shareholders During the Reporting Period, 3PEAK achieved these major breakthroughs and advances in R&D:R&D Process Management
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