迪阿股份(301177):2025年度环境、社会和公司治理报告（英文版）
原标题:迪阿股份:2025年度环境、社会和公司治理报告（英文版） CONTENTS Statement from the Management 02 GRI Index 82 About DR Corporation Limited Our 2025 05 01 02 03 Governance Social Environmental ESG Management ESG Governance 07 Enhance Governance Effectiveness 19 Leading Innovation-Driven Development 31 Addressing Climate Change 66 ESG Strategy 09 ESG Risk Management 10 Practicing Business Ethics 24 Focus on Lean Products 40 Fulfilling Environmental Responsibilities 71 Indicators and Targets 11 Ensuring Data Security 28 Delivering High-Quality Service 44Building a Responsible Supply Chain 50 Double Materiality Analysis Growing Together with Employees 54 Contributing to True Love Public Welfare 63 Stakeholder Engagement 12 Materiality Analysis Process 13 About This Report This report is the fourth Environmental, Social and Governance/Sustainability Report released by DR Corporation Limited. It adheres to the principles of materiality, quantification, balance, and consistency in its preparation, focusing on presenting the Company's core concepts, key progress, practical achievements, and future plans in the environmental, social, and governance fields. Basis of Compilation Report Scope and Boundaries Source of Information and Reliability StatementDuring the compilation of this report, the following standards and The time scope of this report is from January 1, 2025 to December 31, The information cited in this report is derived from DR Corporation Limited frameworks were primarily adhered to in order to ensure the compliance, 2025. Any inconsistencies will be explained in the specific content. The and has been reviewed, confirmed and approved for release by the board professionalism, and transparency of information disclosure, and to coverage scope of performance indicators in this report includes the of directors. The board of directors is responsible for the authenticity, effectively respond to the concerns of all stakeholders: Company's core and important business units, namely offices and 345 accuracy and completeness of the report content. self-operated retail stores in Chinese mainland, Hong Kong of China and France. Unless specially marked, the policies, statements and relevant Report Language contents covered in this report are bounded by the actual business of DR Corporation Limited, consistent with the scope of the annual report issued · ShenzhenStock Exchange Listed Company Self-Regulatory by DR Corporation Limited. Unless otherwise specified, all amounts listed Both Chinese and English versions of this report are published Guideline No. 17 – Sustainability Report (Trial) in this report are in RMB.simultaneously. The English version is a translation of the Chinese version. In case of any discrepancies between the English version and · Shenzhen Stock Exchange GEM Listed Company Self-Regulatory the Chinese version, the Chinese version shall prevail. Guide No. 3 – Sustainability Report Preparation Title Explanation Accessing and Responding to This Report G· lobal Sustainability Standards Board (GSSB) Sustainability For ease of expression and reading, "DRCO", "the Company" and "we" in Reporting Standards (GRI Standards) this report refer to DR Corporation Limited. "DR" and "DR Diamond Ring" The electronic version of this report can be viewed and downloaded on refer to the jewelry brand owned by DR Corporation Limited. United Nations 2030 Sustainable Development Goals (SDGs)·CNINFO (www.cninfo.com.cn), the designated information disclosure website of the Shenzhen Stock Exchange, or the Company's official Unless otherwise specified, the terms used in this report have the same Statement from the Management As time flows, love remains eternal. "ONE LOVE, ONE LIFETIME" has always been the most precious brand essence of DRCO. Faced with an ever-changing market landscape, we continue to strengthen our brand's cultural foundation and enhance our differentiated core competitiveness, striving to build DR into a new luxury lifestyle brand based on the true love value system. In 2025, the Company continued to deepen the global expression of true love culture. Throughout the year, we raw materials to finished products. We embedded business ethics, labor rights, and environmental compliance assisted in hosting over 15,000 confession ceremonies, witnessing countless touching moments. We held a requirements into the full lifecycle management of suppliers, implementing comprehensive access and dynamic Chinese cultural experience event at the Louvre in Paris, integrating Eastern emotional wisdom into the global assessment mechanisms. We strengthened milestone notifications and tiered risk alert mechanisms, driving the context. We launched a proposal challenge to global consumers, embedding the value of "one lifetime, one true transformation of supply chain management from a reactive, post-event approach to a proactive, preemptive, and love" into public emotional exchanges. We officially initiated the "Global True Love Landmark Project", with the collaborative model. No matter how complex and dynamic the supply chain may be, we always uphold responsible first stop at Changbai Mountain creating immersive scenes that turn our brand promise into tangible romantic standards, safeguarding every transmission of trust with integrity and transparency. reality. During the 520 festival, the "True Love Charity Event" in multiple cities across the country used gold as In 2025, the Company continued to deepen its green and low-carbon development strategy, fully integrating a medium to honor every sincerely nurtured love story. We have always remained true to our brand's original ecological and environmental concepts into store construction, headquarters operations, and internal governance. aspiration, continuing and spreading the concept of true love, accompanying every couple with warm service as We strictly select low-pollution, low-energy environmental building materials, continuously optimize construction they capture the important moments of their lives. plans and finishing techniques, and actively promote standardized, lightweight, rapidly deployable green store In 2025, the Company continuously pursued process innovation and product iteration, safeguarding emotional models. This effectively reduces resource waste and carbon emissions during construction, embedding sustainable promises with craftsmanship. The piano master ring shank technique received professional certification from the development into the brand’s long-term philosophy and fulfilling ecological and environmental responsibilities Shenzhen Ergonomics Application Association and has been applied to over 80% of ring products. The hidden alongside steady business operations. suspension setting technology achieved a unique "floating" visual breakthrough in the YOU&ME collection. Looking ahead, DRCO will always remain true to its corporate mission of "helping more people express true love We partnered with IGI to jointly launch the industry's first certificate for black diamond characteristics and color and accompanying them toward lasting happiness," and anchor its grand vision of "becoming the global leader in grading. We integrated global craftsmanship from Japan, Germany, Italy, France, and China, transforming the true love culture." We will craft our products with dedication, deliver warmth through service, fulfill responsibilities essence of global jewelry art into a design language that blends modern aesthetics with brand identity. We with action, and drive long-term growth through sustainable development. With love as our original aspiration and strategically expanded into high-end wedding gold, further perfecting the product matrix for the entire lifecycle responsibility as our wings, we will continue to bring true love culture across mountains and seas to the world, of love. No matter how technology innovates and evolves, we always adhere to the brand's core values, using ensuring that every sincere promise is gently witnessed and forever cherished.technical refinement to make every piece of jewelry a token worthy of a lifetime's commitment.Culture and Values for CSR the year to express their love, exceeding pairs tons 245,202.73 170,000 207.36 238 164 Signing rate of integrity Number of employees in need assisted Annual customer satisfaction Weight of raw materials saved (including Total R&D investment amounted to RMB agreements with long-term stable various plates, metals, glass, etc.) and key suppliers through reuse of store counters Awards and Honors ESG RatingsYinghua Award · A-share ESG 2025 ESG Model Enterprise Award Corporate Governance (G) 20 Golden Bull Award Morningstar Sustainalytics Rating: 17.7 points Demonstration Case China Fund News Shuyang Network Caixin Media China Securities JournalWind ESG Rating: Grade A 2025 Securities Times "Top 100 Value Selection · Best Board 2025 Best Board of Directors 2025 Sustainable Brand Model Golden Quality Award · ESG Award Secretary" Award for Listed Companies "Enterprise Compliance Award"Huazheng ESG Rating: Grade A21st Century Business Herald Yidong / Value Online Jiemian Caixin Media China Guoxin ESG Rating: Grade A 2025 Excellent Enterprise ·Conducting research on and making recommendations for major investment and financing plans that ESG Governance require board approval as stipulated in the Company Articles of Association.·Studying and making recommendations on major capital operations and asset management projects that To systematically promote sustainable development, DR Corporation Limited has formulated and implemented require board approval as stipulated in the Company Articles of Association.the Environmental, Social and Governance System, integrating the ESG philosophy deeply into the Company's ·Researching and providing recommendations on other significant matters that affect the company’s strategy and daily operations. This system clarifies the management system, core issues and stakeholder development. communication mechanism, aiming to continuously enhance the Company's long-term competitiveness through management upgrading and organizational optimization. ·Reviewing and supervising ESG matters, including strategic planning, goal setting, policy development, execution management, risk assessment, performance evaluation, information disclosure, etc., and The Company has established a three-level ESG governance structure of "Decision-Making Level – reporting to the Board of Directors. Management Level – Implementation Level", ensuring that ESG work runs through the whole process of ·Monitoring the implementation of the above matters. strategic planning, management execution and business implementation, so as to systematically promote the ·Legal regulations, rules, regulations, regulatory requirements, and other matters authorized by the Board. improvement of ESG performance and actively respond to the expectations of all parties for the Company's DRCO takes risks and opportunities as the starting point, adheres to the core strategy of "True Love Driven, Long-Term Development", and systematically constructs an ESG strategic system around five major themes. "Fulfill · Responsibility" consolidates the cornerstone of the supply chain with internationally leading standards, "Empower · Employees" safeguards employee value through development and care, "Lead · True Love" protects brand trust with high-quality products and services, "Advocate · Low-Carbon" practices environmentally friendly development and reduces energy consumption, and "Innovate · Craftsmanship" continuously promotes product innovation and differentiated development. The five major themes advance in coordination, comprehensively promoting the implementation and achievement of sustainable development goals. Risk and Opportunity Analysis Value Chain Analysis Five Major Themes SDGs At the corporate management level, the Company embeds risk management throughout its daily operations: The Company has established a "Three Lines of The first line of defense consists of business units and functional departments, responsible for providing products and services to customers and conducting risk management. Defense" model covering three dimensions: market The second line of defense consists of internal control, providing professional knowledge, support, oversight, and raising reasonable challenges for risk-related matters. compliance, corporate governance, and company management, assigning responsibilities, managing The third line of defense consists of internal audit, providing independent and objective assurance and advice on matters related to achieving objectives, and performing risks, and ensuring transparency in a progressive internal audits. The Company's risk management system operates efficiently, with proactive risk identification and management efforts in place. manner. First Line of Defense Second Line of Defense Third Line of DefenseAt the market compliance level, the first line of defense consists of the Company itself, fulfilling its primary
and its Audit Committee, taking on responsibilities for Internal Control Internal Audit "Three Lines of Defense" Evaluation and accountability over management. The third line of defense is all shareholders, exercising their rights Three Lines of Defense and receiving reports through mechanisms such as Double Materiality Analysis Stakeholder Engagement DRCO not only focuses on risks and opportunities within its own operations, but also on the impacts its business activities have on the economy, society, and the environment. By systematically identifying and continuously addressing the core concerns and development expectations of its stakeholders, the Company fully integrates internal and external feedback into its operational and decision-making processes, striving to achieve coordinated development and shared growth. Shareholders and Investors Regulatory Authorities Customers Employees Partners Community PartnersTypes ? ? Investors ? ? Government bodies and ? ? Domestic and international ? ? Full-time employees ? ? Engineering suppliers ? ? Media ? ? Securities Analysts competent authorities at all levels consumers ? ? Part-time employees ? ? Administrative and general ? ? Industry organizations ? ? Shenzhen Stock Exchange ? ? Interns suppliers ? ? Social organizationsStakeholder ? ? China Securities Regulatory ? ? Loose diamond or setting Representatives Commission processing suppliers ? ? Brand service suppliers ? ? Company business performance ? ? Corporate governance and ? ? Product innovation and design ? ? Legal rights and interests protection ? ? Stable financial performance and ? ? Good partnership ? ? Financial performance and ESG compliance operations ? ? Product quality assurance ? ? Capability building and training payment policies ? ? Transparent information planning ? ? Environmental protection and ? ? Customer service guarantee ? ? Health and safety ? ? Fair and transparent selection process communication and sharing Stakeholder ? ? Corporate governance and risk climate change ? ? True love culture and values ? ? Transparent and open career ? ? Fair, just, open, and transparent ? ? Contribution to sustainable Concerns management ? ? Protection of rights and interests development paths procurement environment community development ? ? Investor communication and of stakeholders including ? ? Work-life balance ? ? Joint industry development interaction customers and employees ? ? Information Disclosure ? ? Participation in Relevant Meetings ? ? Pre-sales Communication ? ? Trade Union and Employee ? ? Supplier Training ? ? Media Activities and Communication ? ? Online/Offline Investor ? ? Institutional Communication ? ? After-sales Service Representatives ? ? Supplier Audit and Communication Program Collaboration Communication Communication ? ? Information Disclosure Review ? ? Regular Communication (e.g., ? ? Online Communication Platforms ? ? Public Welfare Activities and ? ? Telephone and Email and Evaluation customer follow-up calls, etc.) ? ? Employee Complaint Hotline ? ? Public Channels such as Engagement Communication ? ? Brand Promotion Activities ? ? Department Interviews and Other Company Official Website and Methods Means WeChat Public Account Materiality Analysis Process Following the Self-Regulatory Guideline No. 17 for Listed Companies – Sustainability Report (Trial) issued by the Shenzhen Stock Exchange, the Company has established a four-step materiality analysis process: "understanding the Company's activities and business context, developing a list of topics, assessing and confirming topic materiality, and reporting on the issues." In 2025, the Company carried out the identification, assessment, confirmation, and reporting of double materiality issues. Understanding the Company's Activities and Business Relationship ContextBased on its own operations and the entire business chain, the Company conducts systematic value chain analysis to comprehensively identify and understand key internal and external stakeholders and their core concerns. For the results of the value chain analysis, please refer to the "ESG Strategy" section.Developing a List of Issues In 2025, taking into account regulatory guidance, industry practices, and its own operations, the Company updated its annual ESG issue library, identifying 12 highly focused material issues. This enables a more precise refinement of the topics most critical to the industry, the Company's operations, and its key stakeholders, while avoiding content overlap and enhancing the relevance and effectiveness of topic management. Dimension Issue Topic Definition Change from Previous Year Climate Change Systematically reducing greenhouse gas emissions and enhancing the resilience of socio-economic Unchanged Response systems to climate risks through mitigation and adaptation measuresThe Company is not a manufacturing enterprise, and its management of natural resources Environmental Practices that efficiently utilize key resources such as energy and water, and strictly control is relatively focused, primarily compliance-oriented. Therefore, "Environmental Compliance Resource pollutants and waste generated in production and operations Management", "Water Resource Utilization", "Energy Utilization", "Pollutant Discharge", and "Waste Management Management" have been consolidated into the topic of "Environmental Resource Management"Striving to minimize resource consumption, waste generation, and environmental impact through Environmental Circular Economy Unchanged design, recycling, and reuse The Company's operations do not involve ecosystems or nature reserves. To more accurately Biodiversity Maintaining the integrity and sustainability of ecosystems, species, and genetic resources through reflect its actual management boundaries and key responsibilities, the topic of "Ecosystems Conservation systematic conservation and restoration actionsand Biodiversity Conservation" has been streamlined to "Biodiversity Conservation"Dimension Issue Topic Definition Change from Previous Year Innovation-Driven Gaining core competitive advantages through continuous R&D and technological breakthroughs, Unchanged Development and translating innovation outcomes into sustainable business value and development momentum Systematic end-to-end management implemented to ensure that the Company's products and Product and Service services meet safety standards, quality requirements, and protect customers' legitimate rights and Unchanged Safety and Quality interests Data Security and Systematic management measures taken to ensure the security, compliance, and privacy of Customer Privacy Unchanged customer data during collection, storage, use, and processingProtection To avoid topic overlap and unclear boundaries, "Protection of Employees' Statutory Labor Social Continuously enhancing employee capabilities, engagement, and well-being through measures such Human Capital Rights", "Employee Training and Capability Building", "Employee Health and Safety", as rights protection, training and development, occupational health and safety management, and Development "Employee Grievance and Communication", and "Employee Compensation and Benefits" welfare care have been consolidated into the topic of "Human Capital Development"Responsible Assessing and managing supplier performance in areas such as labor rights, environmental Unchanged Sourcing protection, and business ethics, to ensure the supply chain meets social responsibility standards Providing community support by organizing public welfare and volunteer activities, and guided by Social Contribution Unchanged the concept of "true love", promoting social recognition and inheritance of this cultureTo strengthen the systematic development of business ethics, "Anti-Bribery and Anti-Business Ethics and Establishing and enforcing clear ethical guidelines and legal regulations to ensure all business Corruption", "Anti-Unfair Competition", and "Due Diligence" have been consolidated into the
ESG Governance to ensure the effective integration of sustainable development strategies into the Company's Unchanged operations and decision-making Assessment and Confirmation of Issue Materiality Impact, Risk and Opportunity Analysis Based on the identified material issues, DRCO further clarifies the core impacts of the 12 topics on the Company's external environment and stakeholders, following the double materiality principle, and systematically analyzes the value chain segments where these impacts occur. The Company evaluates the core risks and opportunities associated with each issue, as well as the nature, magnitude, and likelihood of the corresponding impacts, thereby developing an impact, risk and opportunity register. Value Chain No. Material Issue Impact Description Risks Opportunities Disclosure LocationImpacted No. Material Issue Impact Description Risks Opportunities Disclosure LocationImpacted Shareholders’ Meeting Building on strict compliance with applicable corporate governance laws and regulations, DRCO continuously As the Company’s highest decision-making body, the shareholders’meeting In 2025 improves its governance structure and decision-making system. We place great emphasis on fostering constructive strictly complies with the Shenzhen Stock Exchange Self-Regulatory engagement with the capital markets, enhancing transparency and market confidence through regular, multi-level Guidelines for Listed Companies No. 2 – Standardized Operation of investor communication. The Company is committed to establishing a governance ecosystem with clear delineation GEM-Listed Companies, the Rules for Shareholders’ Meetings of Listed the Company held a total of of powers and responsibilities, standardized operations, and effective oversight, thereby creating stable and Companies, the Articles of Association, and other relevant regulations. sustainable long-term value for all shareholders. The meeting standardizes the procedures for convening, holding, and voting on resolutions. Shareholders or their proxies may exercise their shareholders’meetings 3 voting rights through a combination of on-site and online voting, ensuring Standardize the Governance System that all shareholders can equally participate in major company decisions in accordance with the law. The shareholders’ meeting adheres to the In 2025, the Company, in accordance with the relevant provisions of the Company Law of the People’s Republic of principles of item-by-item review and roll-call voting, effectively safeguarding China, the Guidelines for the Articles of Association of Listed Companies, the Shenzhen Stock Exchange GEM Listing the independence and fairness of the voting process. Rules, and other applicable laws, regulations, and normative documents, and taking into account its actual situation, completed adjustments to its governance structure through internal decision-making procedures. The Company abolished Board of Directors the supervisory board, transferring its powers to the Audit Committee under the Board of Directors, thereby improving governance efficiency, streamlining the governance structure, and unifying the Board’s management and oversight The board of directors, elected by the shareholders’meeting, serves as the Company’s core governance body and responsibilities. This restructuring also enabled effective coordination between incentive and restraint mechanisms. exercises management decision-making on behalf of the shareholders. All directors diligently fulfill their legal duties of care and loyalty, reviewing the Company’s strategic plans and approving major operational and financial matters Shareholders' based on their professional expertise. The board has established the Audit Committee, the Strategic and Sustainable Meeting
The Company strictly follows external regulatory requirements such as the Measures for the Administration of Information In terms of sustainable development information disclosure, the Company has established an ESG governance Disclosure by Listed Companies and the Shenzhen Stock Exchange GEM Listing Rules, and implements internal framework led by the Board of Directors and its Strategic and Sustainable Development Committee, systematically standards including the Articles of Association and the Information Disclosure System. Upholding the principle of “compliance promoting the integration and management of ESG information. Each year, the Company publishes the as the foundation, transparency as the criterion, and value as the guide,” the Company continuously improves the quality Environmental, Social, and Corporate Governance Report in both Chinese and English, and, while complying with of information disclosure and strives to build and deepen long-term, stable trust with all stakeholders. In practice, the domestic regulatory requirements, continuously enhances the quantification and comparability of disclosed data. At Company consolidates its information disclosure management foundation along the following three dimensions: the same time, the Company communicates relevant policy commitments through official channels, actively fulfilling its corporate social responsibility. from the source. and related tax planning to proactively identify and correct potential compliance gaps. timely remedial measures, and simultaneously assess the For risks at different levels, the Company has set up a tiered response mechanism:prevalence of such risks across the group to strengthen Whistleblowing and Whistleblower Protection Anti-Corruption and Anti-Bribery The Company has established a systematic integrity and complaint reporting system, clearly setting up three Anti-Fraud Management System reporting channels: a dedicated audit department email, a business management department complaint email, and user service hotlines and online customer service platforms, ensuring convenient, effective, and accessible reporting and complaint mechanisms. As a member of the Corporate Anti-Fraud Alliance, DR Corporation Limited regards corruption as an absolute operational red line and has accordingly established the DR Corporation Limited Integrity Construction System and At the same time, the Company has published the Whistleblowing and Whistleblower Protection Policy on our official the DR Corporation Limited Supervision and Reporting System, clearly defining six categories of integrity boundaries website. The policy specifies the scope and methods of reporting, measures to protect whistleblowers, and the to systematically strengthen constraints and guidance for internal personnel. At the same time, the Company has procedures for receiving, investigating, and handling reports. It ensures the confidentiality of whistleblower identities published its Anti-Corruption Policy on the official website, further clarifying the scope of “zero tolerance” for corrupt and protects them from retaliation, while providing appropriate rewards for verified instances of misconduct. behavior, specifying rules and reporting procedures for high-risk actions such as gift acceptance and conflicts of interest, and continuously promoting transparency, fairness, and compliance throughout operations. The Company continuously builds and improves a three-tiered prevention and control system centered on “policy In terms of supply chain integrity management, the Company establishes integrity commitments and responsibility standards – education and awareness – violation reporting”, deeply embedding integrity culture into corporate mechanisms with suppliers through a combination of standard contracts and dedicated integrity agreements, ensuring governance practices. Adhering to the principle of “prevention first, combining punishment and prevention”, we that they clearly understand and strictly comply with fair trade, business ethics, and confidentiality obligations. At the promote the integration of integrity requirements into business processes through comprehensive measures such as same time, the Company proactively discloses audit and reporting channels to suppliers, strengthening supervision and strengthening policies, deepening education, cultivating culture, and enhancing supervision, providing a solid foundation control over potential corruption, bribery, and other misconduct by business partners during the course of cooperation. for standardized operations and sustainable development. As of 2025, the Company has achieved full coverage of integrity agreement signing with key suppliers engaged in long- In 2025, the Company organized multiple rounds of integrity-themed training and continuously published violation term and stable cooperation, with a coverage rate of 99%. |
