久立特材(002318):2024年度可持续发展报告（英文版）
原标题:久立特材:2024年度可持续发展报告（英文版） REPORTING STANDARD This report is prepared in accordance with the relevant requirements of the Global Sustainability Standards Board (GSSB) Sustainability Reporting Standards(GRI STANDARDS 2021), the Shenzhen Stock Exchange's Self-Regulatory Guide- lines for Listed Companies No. 1 - Standardized Operations and Self-Regulatory Guidelines for Listed Companies No. 17 - Sustainability Reporting (Trial) (hereinafter referred to as the "SZSE Guidelines"), and in light of the company's actual situation. CHAIRMAN'S STATEMENTIn 2024, Jiuli, carrying the mission entrusted by this era, stood bravely at the forefront of industry develop- developed and delivered corrosion-resistant alloy pipes for the ?rst domestic demonstration unit of ment. Through the year, all our colleagues worked together with determination and achieved fruitful environmentally friendly epichlorohydrin, make technical breakthrough in key piping materials manufac- results. Facing the challenges of development and the test of the times, we have deeply embraced the turing for new nuclear energy, and obtained 128 effective patents, earning the title of "National Intellectual concept of sustainability, implemented innovation-driven development strategy, and ?rmly ful?lled our Property Demonstration Enterprise." corporate social responsibility, contributing the strength of Jiuli to the realization of social sustainable development. We have built a new landscape for co-development to inject new vigor into social progress. We adhere to a people-oriented approach, creating a positive ecosystem with employees, suppliers, and We continuously improve top-level design to strengthen the foundation of modern governance. the community. Internally, we improve the safety production management system, ensure employees' While strengthening risk management and internal control compliance systems, we adhere to business occupational health, and provide clear career development channels. Externally, we optimize supply chain ethics, optimize anti-fraud and reporting mechanisms, deepen integrity education for all employees, and management, strictly control quality risks, and promote the green transformation of the industrial chain. promote the concept of fair competition. The company always follow the leadership of the Party, and In the community, we actively participate in public welfare, carry out donations and volunteer services, intensively promotes ?ve key actions ? Ideological Strength, Solid Foundation, Innovation Leadership, and promote the harmonious coexistence of business value and social value. Humanistic Well-being, Integrity Culture, achieving a two-way empowerment of Party building and corpo- rate management. Setting sail on a new journey, it is the right time for hardwork. Looking ahead to 2025, Jiuli will continue to be based on scienti?c governance, with a green concept as its soul, adhering to the corporate spirit of We actively promote green transformation and implement the dual-carbon strategic goals. "pioneering through hardship, winning with quality, and basing ourselves on integrity," and practicing the With the goal of creating a "zero-carbon factory," we enhance climate resilience, accelerate the optimiza- business philosophy of " Serving customers, contributing to the society, and developing Jiuli." We will work tion of our energy structure, and strengthen environmental compliance management. We implement clean hand-in-hand with all partners, bravely assume social responsibility, and contribute greater strength to production and green operations, optimize our waste management system, and achieve ef?cient recycling promoting sustainable development. of water resources in our industrial park. In 2024, the company's cumulative carbon emissions were reduced by 9,864 tons, and the carbon emission intensity was less than 1 ton/10,000 yuan.Driven by technological innovation, we have forged the industry quality benchmark.We are actively expanding our scienti?c research platform, attracting technical talent, breaking through key Li Zhengzhou, Chairman, Zhejiang Jiuli Hi-Tech Metals Co., Ltd.core technologies, and promoting product intelligence upgrades. We implement full life-cycle quality manage- ment, build a strong information security defense line, optimize our service system, and continuously improve ABOUT JIULI ACHIEVEMENTS AND HONORS pipe ?ttings, forgings, and other products.This has formed a complete industrial chain covering R&D, smelting, forging, SUSTAINABILITY MANAGEMENT Jiuli deeply integrates its sustainability strategy into core strategy such as investment decisions and risk management, systemically advancing in the three major areas of environment, society, and governance. Before making major decisions, the company thoroughly Jiuli is committed to integrating sustainable development into all aspects and processes of its business operations. By assesses the potential environmental impact of new projects or business expansions, including carbon emission levels and resource continuously reducing risks, improving operational ef?ciency, and enhancing its own sustainability capabilities, the use ef?ciency. In risk management, it comprehensively considers environmental risks like energy price ?uctuations, social risks like company actively contributes to the harmonious development of society and the environment.human rights issues, and governance risks like corruption and con?icts of interest, to ensure compliant operations and protect the SUSTAINABILITY GOVERNANCE The company sets phased targets for carbon emissions reduction and increases the proportion of renewable energy use, including investing in clean technology projects such as solar and energy storage. At the same time, the compa- ny implements measures to improve energy ef?ciency, optimizes operational processes to reduce resource consumption, and actively promotes water resource and waste management to minimize environmental impact.ensuring that all tasks are carried out as planned.
regulatory requirements, Jiuli conducts double materiality assessment on critical business matters. This effectively enhances strategic decision-making capabilities, increases stakeholder trust, and promotes the company's sustainable development. In 2024, the company conducted a double materiality analysis of its identi?ed sustainability-related issues using questionnaire surveys and quantitative assessments based on the requirements of the Shenzhen Stock Exchange's Self-Regulatory Guidelines for Listed ①UNDERSTANDING COMPANY ACTIVITIES AND BUSINESS CONTEXT STAKEHOLDER GROUP KEY MATTERS COMMUNICATION CHANNELS
in consideration its business operations, products, services, value chain, and industry conditions, has updated its list of sustainabili- are shown in the matrix below. 5 issues were identi?ed as having both ?nancial and impact materiality, 1 issue with only ?nancial mate- ty-related issues from previous years. In 2024, the company identi?ed 19 sustainability-related issues, including 7 environmental riality, and 9 issues with only impact materiality. issues, 9 social issues, and 3 governance issues. The company also conducted a preliminary identi?cation and analysis of the impacts, risks, and opportunities for each issue shown in the table below.
2 The company actively responds to government calls and ful?lls its social responsibilities with Jiuli Group as a uni?ed entity. For more "Governance - Strategy - Impact, Risk & Opportunity Management - Indicators & Goals," and presents them in a four-pillar format. information on rural revitalization and social contributions, please visit the of?cial website of Jiuli Group (www.jiuligroup.com). The company is not engaged in research or development in sensitive areas of scienti?c and technological ethics such as life sciences or STRATEGY STRENGTHENING CORPORATE GOVERNANCE The domestic and international economic environments are undergoing complex and frequent changes, the industrial stainless steel tube Jiuli complies with laws and regulations such as the Company Law of the People's Republic of China, the Securities Law of the People's industry is facing a profound structural transformation. Robust corporate governance is particularly crucial under this environment. It is Republic of China, and the Governance Standards for Listed Companies, as well as normative documents like the Shenzhen Stock Exchange not only the solid cornerstone of sustainable development but also provides assurance on enterprises＇ effective respond to market Self-Regulatory Guidance for Listed Companies No. 1 - Standardized Operation of Main Board Listed Companies. It has formulated the changes and sound decision making. We are well aware of this, and therefore, we will make scienti?c and ef?cient construction of the Articles of Association, established a standardized corporate governance structure and rules of procedure, and formed a system with Board of Directors a strategic goal, dedicating ourselves to perfecting the Board's core role in long-term development strategy building and scienti?cally effective division of duties and supervision and power balancing mechanism, thereby continuously ensuring the company's risk prevention. stable governance. The company place high importance on standardize the selection and performance management of its Board of Directors. We establishing and continue to re?ne the incentive and restraint mechanisms to ensure that board members can lead the company towards its estab- GOVERNANCE lished goals with a high sense of responsibility and professional competence. At the same time, we deeply integrate risk management and compliance internal control requirements into our business processes, building a comprehensive, whole-system risk prevention and con- The company has established a governance structure comprising the Shareholders' Meeting, the Board of Directors, the Board of Supervi- trol mechanism to ensure that every operational management decision is traceable, thereby enhancing the quality and effectiveness of sors, and the management team. The Shareholders' Meeting is the decision-making body, the Board of Directors is the executive body, and decision-making. the Board of Supervisors exercises supervisory power. The Shareholders' Meeting is the highest authority in the company, composed of all In terms of information disclosure, we adhere to the principles of truthfulness and accuracy, continuously expanding disclosure formats, shareholders, and is responsible for deliberating on major issues such as the company's annual ?nancial budget and ?nal accounting plans, increasing transparency, and strengthening investor relations management to build and maintain investor con?dence. The company strict- major investments, and major guarantees. The Board of Directors is the company's decision-making body, accountable to the Shareholders' ly adheres to the business ethics, practicing self-discipline and self-re?ection, and is committed to fostering a clean and upright business Meeting, responsible for executing its resolutions and reporting on its work. The Board of Directors has established a Strategy Committee, a ecosystem. Nomination Committee, a Remuneration and Appraisal Committee, and an Audit Committee, which operate in accordance with their respec- During the reporting period, we upheld the principle of comprehensive risk management, closely followed changes in the external envi- tive detailed implementation rules to provide professional advice and recommendations for the Board's decisions. ronment and our own operational realities, systematically assessed risk factors and development opportunities in the ?eld of corporate governance, and formulated targeted response measures. Through the standardized "Three Meeting" structures (Shareholders' Meeting, Board of Directors, and Board of Supervisors), We have strengthened risk identi?cation and control, and Improved compliance and inter- nal control mechanisms. This ensures that the business management is lawful, compliant, its assets are safe and complete, and its
ant, and ef?cient, the Nomination Committee, under the Board of Directors, studies and decides on the quali?cations, selection procedures, SHAREHOLDERS' MEETING through research, and candidates are widely sought through multiple channels. Subsequently, the quali?cations of the candidates are The company strictly follows the provisions and requirements of the Articles of Association and Rules of Procedure for the Shareholders' comprehensively reviewed, and their consent for the position is obtained. Finally, a special meeting is held for quali?cation review, and after Meeting to standardize the convening, holding, and voting procedures of the Shareholders' Meeting, treating all shareholders equally. The a resolution is formed, it is ?led and submitted to the Board of Directors for approval.Shareholders' Meeting exercises its rights and obligations granted by the Company Law of the People's Republic of China and the Articles of To ensure the Board of Directors has comprehensive and thorough views in decision making, the company values the board's independency Association by law, ensuring that all shareholders, especially small and medium-sized shareholders, are treated equally and can fully and diversity. During the reporting period, the company had a total of 11 directors, including 4 independent directors, accounting for 36.36%, exercise their rights. Proposals for discussion matters at the Shareholders' Meeting comply with procedural requirements, and the meetings who participated deeply and provided fair and objective decisions. To ensure the diversity of the board's composition and expression of discuss on the items listed in the meeting notice in sequence.views, the company measures the diversity of its board from aspects such as gender, age, cultural and educational background, professional
established and implements the Remuneration Management System. The Nomination, Remuneration, and Appraisal Committee under the RISK MANAGEMENT Board of Directors is responsible for the performance appraisal of the company's directors and senior management. During the reporting uni?ed remuneration management system, and the allowance standards for directors and supervisors were approved by a resolution of the RISK IDENTIFICATION AND ASSESSMENT Shareholders' Meeting. 2024 Remuneration Committee Meetings Held:1timeRISK MANAGEMENT SYSTEM BOARD OF SUPERVISORS The company has established a risk team, led by the manager of the Audit Department. The risk assessment is conducted by people from the company's Finance Department, Legal Affairs Department, and relevant project personnel, which is performed at ad hoc basis. Following Holding responsibility towards all shareholders, the Board of Supervisors diligently performs its functions granted by laws, regulations, and the risk assessment, based on the project characteristics, project owner will be assigned, who will be responsible for the risk assessment of the company. It supervises major corporate matters, related-party transactions, ?nancial status, and the performance of directors and senior the project and providing fair and objective assessment opinions and suggestions.management, effectively safeguarding the legal rights and interests of the company and all its shareholders. During the reporting period, the company has continuously re?ned its risk management system. Relying on the company's Risk Management INTERNAL CONTROL EVALUATION  |