卫星化学(002648):2025年环境、社会和公司治理（ESG）报告（英文）
原标题:卫星化学:2025年环境、社会和公司治理（ESG）报告（英文） Strengthening Compliance Operations 39 Product Quality and Safety Addressing Climate Change 93 Growing Together with Employees Adherence to Business Ethics 41 High-Quality Customer Service 70 Strengthening Environmental Management 100 Robust Safety Practices 132 Information Security and Privacy Protection 47 Advancing Responsible Procurement 72 Ecological Co-building 116 Chemicals Management 138 Satellite Chemical 2025 Environmental, Social and Governance Report About This Report This Report was confirmed by management, and approved for release by the Board of Confirmation Directors on March 23, 2026. and Approval This report is the sixth annual Environmental, Social, and Governance (ESG) report (hereinafter referred Description of The financial data in this report are derived from the annual report, while other information Disclaimer to as "this Report") of Satellite Chemical Co., Ltd. This Report provides a true and objective account of and data are sourced from the Company's internal statistical reports or documents. All the Report the sustainability activities undertaken by Satellite Chemical Co., Ltd. in 2025, with a focus on disclosing monetary amounts are denominated in RMB. information related to the Company's performance in social, environmental, and governance aspects. This Report includes forward-looking statements, which are statements, other than statements of historical fact, that describe the Company's expectations or anticipations of The reporting period for this report is from January 1, 2025, to December 31, 2025 (hereinafter the Report Scope future business activities, events, or developments that may or are expected to occur. Due "reporting period"). While some information may pertain to periods outside this timeframe, this is an to various variable factors, future actual results or development trends may differ materially annual report. Unless otherwise specified, the scope of this report covers Satellite Chemical Co., Ltd. and from these forward-looking statements. its subsidiaries, consistent with the scope of the consolidated financial statements. This Report is available in both Simplified Chinese and English. In case of any discrepancy Access and Feedback Shenzhen Stock Exchange Self-Regulatory This Report has been prepared in accordance with the in interpretation between the two versions, the Simplified Chinese version shall prevail. Basis of Guideline No. 1 for Listed Companies — Standard Operation of Main Board Listed Companies (2025 We highly value the opinions of all parties and welcome readers to contact us through the Preparation Revision), Shenzhen Stock Exchange Self-Regulatory Guide No. 1 for Listed Companies — Business the following channels. Your feedback will help us improve our ESG performance. Handling (2026 Revision) Shenzhen Stock Exchange Self-Regulatory Guideline No. 17 for Listed , the Companies — Sustainability Reporting (for Trial Implementation), and Shenzhen Stock Exchange Self- the Regulatory Guide No. 3 for Listed Companies — Preparation of Sustainability Reports. It also references the Corporate Sustainability Disclosure Standards — Basic Standard (for Trial Implementation) and the Telephone (86) 573-8222 9096 Corporate Sustainability Disclosure Standard No. 1 — Climate ( for Trial Implementation) issued by the Ministry of Finance, the Sustainability Reporting Standards (GRI Standards) from the Global Reporting Initiative (GRI), IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures issued by the International Sustainability Standards Board and environmentally friendly functional materials. This provides our global customers with more competitive technologies and solutions, In 2025, faced with a complex development landscape and the profound restructuring of global industrial and supply chains, Satellite Chemical maintained continuously enhancing our industry voice and influence. a high degree of strategic resolve, adhering to long-termism and persisting in doing what is difficult but right. We actively promoted the "expansion, strengthening, and optimization" of our integrated green light-hydrocarbon industry. By targeting the development directions of "intelligence, greening, and integration," we accelerated the development of new productive forces. This approach enabled us to effectively navigate international trade disputes and industrial cycle fluctuations, achieve a value chain upgrade, and ensure the Company's sustained, healthy, and high-quality development. Embracing a Green Path: Painting an Ecological Future with Low-Carbon Practices We are actively forging a new development path that is "green, low- The journey ahead is long, but the wind is in our sails as we carbon, intensive, and efficient." In active response to the "carbon embark once more on our great mission. In 2026, Satellite peaking and carbon neutrality" strategy and implementation of Chemical will continue to carry the mission of "Chemicals Make related actions, we have built an integrated light-hydrocarbon a Better Life." We will remain rooted in green development Building a Solid Foundation Through Meticulous Governance, Compliance, and Transparencyindustrial cluster, empowering lean management with digitalization and strive for new frontiers, bolstering our resilience to and reshaping our manufacturing system with green and low-carbon navigate economic cycles with a more solid technological We continue to deepen the construction of a governance structure with clear rights and responsibilities and efficient operations, perfecting principles. We have deepened the practice of our unique "4R" low- foundation, more robust operational quality, and a more open our decision-making, execution, and supervision mechanisms. We have strengthened risk identification and internal control management, carbon development model, continuously improving the application cooperative stance. We will join hands with stakeholders to integrating the principles of integrity, compliance, and self-discipline into all aspects of operational management to effectively protect the of our carbon emissions management platform. We manufacture explore the path of sustainable development for the chemical legitimate rights and interests of investors and all parties. Centered on our overarching strategy of "leading in management," we continuously green products from clean raw materials such as ethane and industry, contributing a more definitive force to the renewal enhance our global operational and resource allocation capabilities, deeply embedding ESG risk management into the Company's strategic propane, advance green production through the application of and upgrading of China's chemical sector and the sustainable decision-making processes to promote the synergistic improvement of governance capabilities and sustainability performance. In 2025, we clean technologies and energy-saving renovations, and create development of its economy and society, thereby co-creating a achieved the highest AA rating in the China Listed Companies ESG Index, ranked second in the Top 100 Zhejiang Listed Companies for ESG "waste-free enterprises" through comprehensive resource recycling, greener, smarter, and better future. Performance, and were selected for lists such as Leading Enterprises in New Productive Forces, Outstanding ESG Listed Companies, Sci-Tech achieving green management throughout the entire operational Innovation Pioneer Award, and Environmentally Friendly Pioneer Enterprises, setting a new benchmark for high-quality development in China's lifecycle. All of the Company's environmental discharge indicators chemical industry. were controlled within annual targets, and the compliance rate for solid and hazardous waste disposal remained at 100%, achieving a 1 Wind ESG Rating: AAA (First in the industry) 14th Finance and Economics Summit and 2025 Zhejiang Provincial Department of Economy New Productive Forces Entrepreneurs Conference Satellite Chemical 2025 Environmental, Social and Governance ReportSatellite Chemical 2025 Environmental, Social and Governance ReportCore Improve corporate governance and risk prevention Based on the "Technology Leadership" strategy, build a Guidelines Standardize employee employment, attach importance to employee Take low-carbon development as the core strategy, expand the capabilities, abide by business ethics, deepen the multi-level R&D platform, strengthen talent team building, rights and interests, build a platform for employees to realize self- R&D and application layout of clean technologies, improve energy "Management Leadership" strategy, and comprehensively advance key core technology research, improve digital worth and career development, actively carry out various public efficiency, collaboratively promote pollution reduction and carbon empower the company's sustainable development with manufacturing level, and strive to achieve scientific and welfare activities, contribute to social co-construction, and jointly reduction, build a low-carbon value chain, and enhance the ESG concepts. technological self-reliance and self-improvement in the build the "Satellite Dream" with one heart. company's climate resilience. field of new chemical materials. Pollutant Emissions and Waste Management Product Safety and Quality Climate Change Response Corporate Governance and Risk Management Chemical Safety Management Sustainable Supply Chain Management Clean Technology Development Business Ethics Employee Rights and Interests Customer Relationship Management Circular Economy Sustainable Operations Occupational Health and Safety Key Issues Innovation and R&D Water Resource Management Privacy and Information Security Employee Training and Development Digital Transformation Environmental Compliance Management Rural Revitalization and Community Public Welfare Industry Development Promotion Energy Management Ecosystem and Biodiversity Conservation Excellent products, drive low-carbon products with green Modernize corporate governance capabilities and processes; Achieve the common development of individuals and the company, Promote the green and low-carbon development of the olefin Strategic standards Outstanding brand, ensure reliable quality with digital and and the common development of the company and society industry, establish a decarbonized supply chain, and lead the Optimize investor relations management, market value intelligent production. Objectives industry to move towards high-end and green development management and shareholder returns Build a sustainable development ecosystem through the linkage of upstream and downstream industrial chains Cornerstones Corporate Vision, Culture and Values Digital Transformation Stakeholder Engagement "4R" Green and Low-Carbon Industrial Model Satellite Chemical 2025 Environmental, Social and Governance ReportESG Governance Structure ESG Risk and Opportunity ManagementThe Company has established a four-tier top-down ESG governance structure overseen and coordinated by the Board of Directors, The Company actively implements international and national standards and establishes a key sustainability indicator system tailored to its comprising the Board of Directors, the Strategy and ESG Committee, the ESG Management Leadership Team, and the ESG Working Group. business operations and industry characteristics, forming a closed-loop management mechanism of "Identification–Assessment–Control– As the highest decision-making body, the Board of Directors delegates authority to the Strategy and ESG Committee to supervise and Improvement". The Company continuously advances digitalization, optimizes processes for data collection, integration and analysis, and manage ESG governance affairs. The ESG Management Leadership Team consists of directors or responsible persons from all centers, bases, improves the accuracy, timeliness and traceability of ESG data, thereby enhancing management transparency and decision-support subsidiaries and business divisions, and is responsible for formulating annual ESG plans and objectives. The ESG Working Group comprises capabilities. It sets phased quantitative targets around material topics and continuously improves performance through dynamic monitoring liaisons recommended by each center, base, subsidiary and business division, and is responsible for fully following up on and implementing and corrective actions. By strengthening ESG accountabilities and cross-departmental collaboration, the Company promotes the deep the Company's various ESG initiatives to strengthen the implementation and execution of the sustainability management system. integration of strategic objectives and operational management, continuously enhances governance effectiveness, core competitiveness and risk resilience, and advances the sustainable development of the Company and society as a whole.The Company systematically identifies and assesses ESG risks and opportunities in daily operations and integrates relevant topics into its business decision-making and performance appraisal systems. Meanwhile, it embeds ESG factors into investment decisions, analyzes and dynamically adjusts key variables, optimizes investment models and capital allocation structures, and enhances long-term value creation Decides on and reviews the Company's sustainability strategy and goalsSatellite Chemical 2025 Environmental, Social and Governance ReportESG Governance Structure ESG Risk and Opportunity ManagementThe Company has established a four-tier top-down ESG governance structure overseen and coordinated by the Board of Directors, The Company actively implements international and national standards and establishes a key sustainability indicator system tailored to its comprising the Board of Directors, the Strategy and ESG Committee, the ESG Management Leadership Team, and the ESG Working Group. business operations and industry characteristics, forming a closed-loop management mechanism of "Identification–Assessment–Control– As the highest decision-making body, the Board of Directors delegates authority to the Strategy and ESG Committee to supervise and Improvement". The Company continuously advances digitalization, optimizes processes for data collection, integration and analysis, and manage ESG governance affairs. The ESG Management Leadership Team consists of directors or responsible persons from all centers, bases, improves the accuracy, timeliness and traceability of ESG data, thereby enhancing management transparency and decision-support subsidiaries and business divisions, and is responsible for formulating annual ESG plans and objectives. The ESG Working Group comprises capabilities. It sets phased quantitative targets around material topics and continuously improves performance through dynamic monitoring liaisons recommended by each center, base, subsidiary and business division, and is responsible for fully following up on and implementing and corrective actions. By strengthening ESG accountabilities and cross-departmental collaboration, the Company promotes the deep the Company's various ESG initiatives to strengthen the implementation and execution of the sustainability management system. integration of strategic objectives and operational management, continuously enhances governance effectiveness, core competitiveness and risk resilience, and advances the sustainable development of the Company and society as a whole.The Company systematically identifies and assesses ESG risks and opportunities in daily operations and integrates relevant topics into its business decision-making and performance appraisal systems. Meanwhile, it embeds ESG factors into investment decisions, analyzes and dynamically adjusts key variables, optimizes investment models and capital allocation structures, and enhances long-term value creation Decides on and reviews the Company's sustainability strategy and goals Completes other ESG-related matters of ESG principles into strategic decision-making and business operations, driving the transition from "conceptual alignment" to "practical Satellite Chemical 2025 Environmental, Social and Governance Report ESG Goals and Achievements Associated Achievement Issue ESG Goals 2025 Progress and Actions SDG Goals Status First-pass quality rate for All production bases and business divisions met the Zero major or above-level quality Enhance the quality of information No such incidents occurred during the year. received an A rating in the 2024–2025 Information incidents disclosure
Issues material ESG issues closely relevant to the Company. Financial Materiality Stakeholder Engagement High Dual-Materiality Issues Medium Dual-Materiality Issues Low Dual-Materiality Issues The Company establishes transmission pathways for "impact materiality" and "financial materiality", develops an online questionnaire Pollutant Emissions and Waste Industry Development Promotion Innovation and R&D for the assessment of material ESG issues, evaluates the actual or potential impacts of such issues on the economy, society and the Management Ecosystem and Biodiversity Product Safety and Quality environment, analyzes the financial materiality of ESG issues based on the severity and likelihood of risks and opportunities, and Sustainable Operations Conservation Chemical Safety Management gathers stakeholder feedback on the Company's ESG management. Energy ManagementPrivacy and Information Security Environmental Compliance Circular Economy Rural Revitalization and Community Management Water Resource Management Public Welfare Climate Change Response Clean Technology Development Business Ethics Customer Relationship Corporate Governance and Risk Management Management Digital Transformation Sustainable Supply Chain Disclosure and Review of the Materiality Matrix Management Employee Rights and Interests The Company statistically analyzes the scores of each issue and develops a materiality matrix across the two dimensions of "impact Occupational Health and Safety materiality" and "financial materiality". The matrix is reviewed and approved by the Board of Directors to confirm the key disclosure Employee Training and items of the report. Development Satellite Chemical 2025 Environmental, Social and Governance ReportImpact Assessment Financial Opportunity Identification of Material Issue Impacts and Dependencies Material Impacted Impacted Response Risk Factor Mid- to Impact Factor Issue Stage Entity Subsection Short-term Long-term Indicators Increasingly stringent Tightening water water resource Improving water Financial Impact Assessment resource supplies, constraints and Material Opportunity Impacted Impacted Response resource utilization Fluctuations in Risk Factor Impact Mid- to rising water emission standards Issue Factor Stage Entity Subsection Short-term efficiency through water supply Indicators Long-term prices, or stricter necessitate water-saving or rising water Water water abstraction Production continuous Strengthening renovations and Corporate Operating prices lead Resource and discharge and investment in water Environmental Tightening water recycling Operations Costs to increased Strengthened Management requirements will Manufacturing conservation and Managementcarbon emission Launching low- can reduce water operating costs May cause carbon regulations increase investment recycling capabilities constraints and carbon products and consumption or production production and emission in water intake, to control costs and costs and enhance restrictions. an increase improving the carbon treatment, and secure project and Production and stoppages and reduction production stability. in extreme management system Corporate Operating compliance. production capacity Addressing Manufacturing delivery delays, requirements Addressing weather events can secure green Operations Revenue layouts. Climate Raw Material leading to higher will increase Climate could adversely orders and financing Customers Operating Change and Energy production and compliance and Change Improper affect the stable support, thereby Suppliers Costs management Procurement repair costs low-carbon Improving the operation of increasing revenue of the storage, and resulting in investment, safety management facilities and the scale and brand transportation, or revenue loss. leading to a rise in system, Stricter regulations security of the premium. use of hazardous Safety incidents operating costs. strengthening and higher safety Supply Chain. chemicals may lead can lead to process controls, Production standards increase to safety incidents, Corporate Operational production Chemical and enhancing and compliance production Operations Costs disruptions, Chemicals Safety employee training Manufacturing investments, while suspensions for Regulation Administrative compensation ManagementPromoting energy- Management can reduce the Social an improved safety rectification, and and Society Penalties expenses, and saving renovations Fluctuations incidence of Reputation level helps enhance administrative reputational and optimizing in electricity/ accidents, minimize operational stability Continuously rising penalties, as damage. energy use to gas prices or losses, and ensure and customer trust. Fluctuations in well as increased energy efficiency enhance energy Production and stable production restrictions compensation energy prices Production thresholds operations. efficiency per unit Manufacturing on electricity/ Focusing on and compliance Energy or supply Corporate Costs necessitate of output value can Raw Material gas supply will Low-Carbon expenditures. Management constraints will Operations Operating ongoing secure subsidies and Energy increase operating Strategies drive up energy Policies and Costs investment in for energy- Procurement costs and affect Investment in customer expenditures. renovations to Introducing saving technical production upgrading clean requirements stabilize costs. advanced low- modifications, tax volumes and technologies is continuously raise carbon processes incentives, and green delivery stability. substantial; if the Increased the threshold for and energy-saving financing support. technological route investment in energy efficiency, technologies Production is chosen improperly technological requiring enterprises Clean enhances resource and Customers R&D Expenses Focusing on or commercialization transformation to make ongoing Technology utilization efficiency, Manufacturing Corporate Production Low-Carbon Stricter emission progress falls short impacts investments Exceeding Development reduces unit energy Product R&D Operations Costs Strategiesstandards or Proactively of expectations, current capital to maintain consumption and and Design Implementing emission it could lead to expenditure and technological non-compliant deploying emission levels, source reduction standards or increased capital cash flow. leadership, thereby disposal could environmental and strengthens of emissions and intensified expenditure improving cost Pollution lead to fines, Production and Corporate Operating protection product resource utilization environmental Strengthening and pressure on structures and Emissions production Manufacturing Operations Costs technologies can competitiveness.of by-products can inspections Environmental investment returns. securing market and Waste restrictions for Social Regulatory Administrative reduce long-access. improve resource could trigger Management Management rectification, Reputation and Social Penalties term compliance efficiency and recover rectification If project and increased costs and enhance the value of by- expenses and construction and environmental project approval By strengthening products. production operation impact protection efficiency. ecological risk restrictions. the surrounding Environmental As ecological investments. identification and ecological inspections protection implementing environment, it or complaints requirements ecological may trigger stricter By developing Production may lead to become more Ecosystem restoration and Corporate Operational environmental Rising recyclable products Proactive and increased stringent, the Increased R&D and impact assessment green construction Operations Costs Ecological Co-requirements for and increasing the deployment will Manufacturing rectification level of ecological investment and constraints and Biodiversity practices, Regulation Administrative constructionrecycling and utilization rate of lead to order Social expenses management will Product Design Corporate certification rectification Protection compliance risks and Society Penalties recycled content recycled resources, R&D Expenses growth and Strengthening Reputation and affect affect project Circular and R&D Operations costs introduce requirements, may affect order we can meet Net Operating premium pricing Environmental are reduced, project Economy Production and Customers uncertainty construction implementation leading to increased acquisition and customers" green Profit power, whereas Managementapproval efficiency Manufacturing into the or operational and long-term environmental increase R&D demands, enhancing lagging behind is improved, and the commercialization management progress. compliance costs. and compliance product added will weaken corporate image is process. investments and investments. value and market competitiveness. enhanced. affecting project competitiveness. progress. Satellite Chemical 2025 Environmental, Social and Governance ReportImpact Assessment Financial Opportunity Identification of Material Issue Impacts and Dependencies Material Impacted Impacted Response Risk Factor Mid- to Impact Factor Issue Stage Entity Subsection Short-term Long-term Indicators Increasingly stringent Tightening water water resource Improving water Financial Impact Assessment resource supplies, constraints and Material Opportunity Impacted Impacted Response resource utilization Fluctuations in Risk Factor Impact Mid- to rising water emission standards Issue Factor Stage Entity Subsection Short-term efficiency through water supply Indicators Long-term prices, or stricter necessitate water-saving or rising water Water water abstraction Production continuous Strengthening renovations and Corporate Operating prices lead Resource and discharge and investment in water Environmental Tightening water recycling Operations Costs to increased Strengthened Management requirements will Manufacturing conservation and Managementcarbon emission Launching low- can reduce water operating costs May cause carbon regulations increase investment recycling capabilities constraints and carbon products and consumption or production production and emission in water intake, to control costs and costs and enhance restrictions. an increase improving the carbon treatment, and secure project and Production and stoppages and reduction production stability. in extreme management system Corporate Operating compliance. production capacity Addressing Manufacturing delivery delays, requirements Addressing weather events can secure green Operations Revenue layouts. Climate Raw Material leading to higher will increase Climate could adversely orders and financing Customers Operating Change and Energy production and compliance and Change Improper affect the stable support, thereby Suppliers Costs management Procurement repair costs low-carbon Improving the operation of increasing revenue of the storage, and resulting in investment, safety management facilities and the scale and brand transportation, or revenue loss. leading to a rise in system, Stricter regulations security of the premium. use of hazardous Safety incidents operating costs. strengthening and higher safety Supply Chain. chemicals may lead can lead to process controls, Production standards increase to safety incidents, Corporate Operational production Chemical and enhancing and compliance production Operations Costs disruptions, Chemicals Safety employee training Manufacturing investments, while suspensions for Regulation Administrative compensation ManagementPromoting energy- Management can reduce the Social an improved safety rectification, and and Society Penalties expenses, and saving renovations Fluctuations incidence of Reputation level helps enhance administrative reputational and optimizing in electricity/ accidents, minimize operational stability Continuously rising penalties, as damage. energy use to gas prices or losses, and ensure and customer trust. Fluctuations in well as increased energy efficiency enhance energy Production and stable production restrictions compensation energy prices Production thresholds operations. efficiency per unit Manufacturing on electricity/ Focusing on and compliance Energy or supply Corporate Costs necessitate of output value can Raw Material gas supply will Low-Carbon expenditures. Management constraints will Operations Operating ongoing secure subsidies and Energy increase operating Strategies drive up energy Policies and Costs investment in for energy- Procurement costs and affect Investment in customer expenditures. renovations to Introducing saving technical production upgrading clean requirements stabilize costs. advanced low- modifications, tax volumes and technologies is continuously raise carbon processes incentives, and green delivery stability. substantial; if the Increased the threshold for and energy-saving financing support. technological route investment in energy efficiency, technologies Production is chosen improperly technological requiring enterprises Clean enhances resource and Customers R&D Expenses Focusing on or commercialization transformation to make ongoing Technology utilization efficiency, Manufacturing Corporate Production Low-Carbon Stricter emission progress falls short impacts investments Exceeding Development reduces unit energy Product R&D Operations Costs Strategiesstandards or Proactively of expectations, current capital to maintain consumption and and Design Implementing emission it could lead to expenditure and technological non-compliant deploying emission levels, source reduction standards or increased capital cash flow. leadership, thereby disposal could environmental and strengthens of emissions and intensified expenditure improving cost Pollution lead to fines, Production and Corporate Operating protection product resource utilization environmental Strengthening and pressure on structures and Emissions production Manufacturing Operations Costs technologies can competitiveness.of by-products can inspections Environmental investment returns. securing market and Waste restrictions for Social Regulatory Administrative reduce long-access. improve resource could trigger Management Management rectification, Reputation and Social Penalties term compliance efficiency and recover rectification If project and increased costs and enhance the value of by- expenses and construction and environmental project approval By strengthening products. production operation impact protection efficiency. ecological risk restrictions. the surrounding Environmental As ecological investments. identification and ecological inspections protection implementing environment, it or complaints requirements ecological may trigger stricter By developing Production may lead to become more Ecosystem restoration and Corporate Operational environmental Rising recyclable products Proactive and increased stringent, the Increased R&D and impact assessment green construction Operations Costs Ecological Co-requirements for and increasing the deployment will Manufacturing rectification level of ecological investment and constraints and Biodiversity practices, Regulation Administrative constructionrecycling and utilization rate of lead to order Social expenses management will Product Design Corporate certification rectification Protection compliance risks and Society Penalties recycled content recycled resources, R&D Expenses growth and Strengthening Reputation and affect affect project Circular and R&D Operations costs introduce requirements, may affect order we can meet Net Operating premium pricing Environmental are reduced, project Economy Production and Customers uncertainty construction implementation leading to increased acquisition and customers" green Profit power, whereas Managementapproval efficiency Manufacturing into the or operational and long-term environmental increase R&D demands, enhancing lagging behind is improved, and the commercialization management progress. compliance costs. and compliance product added will weaken corporate image is process. investments and investments. value and market competitiveness. enhanced. affecting project competitiveness. progress. Satellite Chemical 2025 Environmental, Social and Governance ReportImpact Assessment Impact Assessment Financial Financial Opportunity Opportunity Material Impacted Response Material Impacted Response Impacted Impacted Risk Factor Mid- to Risk Factor Mid- to Impact Impact Factor Factor Issue Stage Subsection Issue Stage Subsection Entity Entity Short-term Short-term Long-term Long-term Indicators Indicators Data integration Inadequate Continuously Advancing the and intelligent management rising digitalization of System The investment in applications production, the construction or untimely Improving the compliance digital transformation is continuously supply chain, and and migration monitoring can environmental Intensified requirements substantial and cross- unlock potential management can introduce trigger fines, management system regulatory mean that system collaboration is for cost reduction improve equipment Production and Corporate implementation production and online monitoring Corporate Operational inspections may the level of complex; if progress falls Operating and efficiency Technological Environmental Production Strengthening Digital operating efficiency Manufacturing Operations fees and short of expectations Costs improvement, Innovation suspensions for capabilities enhances Operations Costs lead to increased environmental Transformation and response speed, Supply Chain Suppliers integration costs, Compliance and Environmental or system stability is R&D Expenses enhancing asset and R&D rectification, compliance efficiency, Regulation Administrative rectification management reduce energy Management Customers which can have Management Manufacturing Management inadequate, it may lead utilization and and increased reduces the risk and Society Penalties expenses and will affect consumption, waste, a temporary （未完）  |