赛轮轮胎(601058):赛轮轮胎2025年度可持续发展报告（英文版）
原标题:赛轮轮胎:赛轮轮胎2025年度可持续发展报告（英文版） "we" as used in this report all refer to Sailun Group Co., Ltd. and scope of the Group's consolidated financial reporting. CSTC Standards Technical Services Co., Ltd. The assurance statement 1 its subsidiaries . The names and abbreviations of the subsidiaries can be found in Appendix VI: Independent Assurance Statement. mentioned in this report are detailed in Appendix V. exclusively from Sailun Group's official documents, statistical reports, Companies — Sustainability Report (Trial) versions. The electronic version can be accessed or downloaded online and media publications, and have been reviewed and approved by from the official website of Sailun Group at www.sailungroup.com. the Board of Directors. All financial data contained in this report has In case of any minor discrepancies between the Chinese and English Guidelines No. 4 of Shanghai Stock Exchange for Self-Regulation of Listed undergone independent third-party audit. Unless otherwise specified, versions, the Chinese version shall prevail. Companies — Sustainability Report Preparation (Revised in January 2026) person-times including learning, examinations, and skills competitions across multiple dimensions of "learning, testing, practice, and evaluation," accumulating nearly 260,000 multilingual test questions. Upholding the principle that "Our people are our greatest GOVERNANCE UPGRADE & COMPLIANCE SUPPORT – STRENGTHENING THE In environmental management, we strictly follow the environmental standards of our concern," we continuously improve our compensation, benefits, and employee FOUNDATION OF THE GROUP'S COMPLIANCE MANAGEMENT operating countries, establishing a robust environmental management system. We care mechanisms. During the reporting period, we invested over RMB 30 million in rigorously control emissions of waste gas, wastewater, and solid waste, fully implementing the renovation and reconstruction of employee dormitories, paying full attention to In 2025, we positioned "eco-governance" as the core pillar of the Group's sustainable pollution prevention measures to safeguard ecological and environmental security. In employees' work-life balance to ensure that dedicated individuals are treated with development. The "eco+" sustainable development strategy was integrated into our resource recycling, we have set medium- to long-term water conservation targets for 2030, dignity, receive due rewards, and feel a strong sense of belonging.top-level planning, and a governance structure with clearly defined responsibilities driving the transformation of our production model towards circularity. Through initiatives was established. ESG performance was directly linked to the compensation incentives such as water resource recycling, we have continuously improved resource utilization We are committed to building a diverse, equitable, and inclusive workplace ecosystem, of senior management, and this "key minority" accountability mechanism drove efficiency. In climate change tackling, we continue to expand the use of clean energy respecting different nationalities, cultures, and backgrounds, and ensuring all implementation across all employees, comprehensively enhancing the effectiveness of sources such as photovoltaics and biomass, adopting low-carbon energy types including employees enjoy fair development opportunities. In the process of global expansion, we sustainable development governance. The MSCI ESG rating jumped to AA, a milestone natural gas, to promote low-carbon upgrades in production processes. During the reporting not only export advanced manufacturing and management expertise, but also deeply representing the high recognition from international capital markets for the Group's period, the Group's climate action case study was selected for inclusion in the 2025 embed the corporate culture of "trust and respect," promoting cultural integration and sustainability practices. Corporate (Park) Climate Action Case Collection and was featured at the 30th Conference of collaborative growth between Chinese and overseas teams, achieving value symbiosis the Parties (COP30) to the United Nations Framework Convention on Climate Change. At the between the Group and its employees. The Group continuously improved its modern corporate governance system, same time, we continue to increase the application of sustainable materials including bio-establishing a management framework covering business ethics, data security, and As a pioneer in the global expansion of China's tire industry, the Group was among the based materials, working together with supply chain partners to contribute to global climate compliance risk control. Through regular compliance training and integrity education, first to join the World Business Council for Sustainable Development (WBCSD), working governance. we fortified a transparent, standardized, stable, and orderly operational baseline. with global partners to fulfill social responsibility. During the reporting period, we We remain committed to strengthening our organization and institutional systems, TECHNOLOGICAL INNOVATION & SMART CREATION FOR THE FUTURE – DRIVING donated over RMB 9 million to public welfare areas such as education support, disaster continuously enhancing the scientific, systematic, and effective nature of the Group's HIGH-QUALITY INDUSTRY DEVELOPMENT THROUGH TECHNOLOGY relief, and rural revitalization, giving back to society through concrete actions, and governance. The Group has received the highest grade 'A' in the Shanghai Stock achieving the synergy and coordinated progress of commercial and social value.Exchange's information disclosure evaluation for three consecutive years, while the "Focus on self-transcendence and continuous innovation" is the corporate innovation scope of anti-bribery management system certification has continued to expand, spirit deeply embedded in Sailun Group, and the core engine of the Group's high- STAYING TRUE TO OUR MISSION, STRIVING TOWARD A SUSTAINABLE FUTUREproviding global investors with a solid and reliable decision-making basis through quality development. We insist on embedding technological innovation throughout Sailun Group remains steadfast in its vision to "Become a global influential tire company highly transparent governance practices and credible information disclosure. the entire process of the Group's development, continuously increasing investment Vision" and its mission of "Make great tires," opening a new chapter of global high-in fundamental research, and building an innovation ecosystem that integrates ECO-PLANET & GREEN EMPOWERMENT – BUILDING A NEW LOW-CARBON quality development. We deeply understand that the true future is not a race for speed, the "innovation chain and industrial chain." Driven by the dual engines of "Green PARADIGM FOR THE TIRE INDUSTRY but a contest of sustainable foresight—and we are firmly on this path.Technology" and "Digital-Intelligent Integration," we are achieving high-quality development for the Group. As a proactive advocate for sustainable development in the global tire industry, Sailun Looking ahead, we will continue to deepen our "eco+" sustainable development About Us Corporate Profile Sailun Group, established in 2002 and listed on the Shanghai Stock invested in the construction of the East China Intelligent Connected Vehicle Looking ahead, Sailun Group will remain steadfast in its corporate Exchange in 2011 (Stock Code: 601058), was the first privately-owned tire (ICV) Test Site. Upon completion, it will become China's premier and a world- mission of "making great tires," continuously providing society with manufacturer in China to be listed on the A-share market. After more than class integrated R&D and testing platform for intelligent transportation and safer, greener, and more sustainable tire products. We are committed to two decades of development, the Group has grown into a global industrial autonomous driving, further strengthening the Group's comprehensive helping people achieve safer and more liberated mobility, and driving enterprise integrating tire R&D, manufacturing, sales, and services. capabilities in technological R&D and industrial collaboration, and societal operations towards greater efficiency and harmony. Currently, the Group has built more than ten tire manufacturing facilities in continuously improving its global R&D, production, sales, and service system. China (Qingdao, Dongying, Shenyang, and Weifang) and overseas (Vietnam, Cambodia, Indonesia, and Mexico), with three additional tire factories under construction in Egypt, Shenyang, and Dongjiakou (Qingdao). Qingdao Weifang Dongying Europe R&D Center Shenyang Qingdao Dongjiakou Factory North America Mexico Factory Globally, the Group operates four R&D centers and one vehicle test track, Factory Factory Factory Factory (Under Construction) R&D Center with its product and service network covering more than 180 countries Shenyang ESG Rating Performance ECO-GOVERNANCE: Strengthening ECO-PRODUCTION: Delivering Excellence in Intelligent Manufacturingthe Foundation of Compliance Sustainable Development Quality and Safety Customer Service Governance Continued to advance the sustainable Completed over More than The Group's customer satisfaction score "eco+" development strategy, systematically planning (overseas) was 100% medium and long-term ESG action pathways of 9 operational factories obtained
clean technology achieved an as the lead organization and 2,441 463 annual growth rate of over participated in the drafting incidents involving information security breaches Established a procurement risk management valid patents newly granted ECO-PLANET: Leading the Low-Carbon Transition ECO-HARMONY: Fostering Organizational CohesionEnvironmental Management Inclusive Workplace Achieving certification coverage rate 100 % All 7 factories maintaining continuous operations have obtained of all 7 factories maintaining continuous operations have obtained ISO 14001 Environmental Management SA 8000 Social Accountability Management System certification % 100 System certification Climate Response Talent Development Energy consumption per unit Energy consumption per unit of Energy consumption per unit of of Off-The-Road Tire (OTR) Passenger Car Radial (PCR) tire Truck and Bus Radial (TBR) tire Provided an Achieving training Continuously built a closed-loop mentor management production decreased by production decreased by production decreased by average of coverage rate system, with an average satisfaction score of % 30.20 % % 17.54 19.89 % 19.04 100 97 compared to 2022 compared to 2022 compared to 2022 training hours per employee for mentor-led training Carbon emissions per unit of Truck and Bus Radial (TBR) tire production decreased by % 24.34 compared to 2022participation rate in the employee satisfaction survey Utilized Reducing carbon emissions by over tonnes tonnes 8,000 12,700 Occupational Health and Safety Philanthropy of biomass Generated Reducing carbon emissions by 100 % RMB 9.3871 million of operational factories obtained ISO 45001 Occupational Health and was invested in various public welfare projects Sailun Group regards sustainable development governance as the core guarantee for promoting high-quality enterprise development and achieving long-term value creation. We are committed to deeply integrating sustainability principles into the top-level design of corporate governance and daily operations, ensuring that the sustainable development strategy resonates with the Group's overall strategic objectives. Sustainable Development Governance Sailun Group regards sustainable development governance as the core guarantee for promoting high-quality enterprise development and achieving long-term value creation. We are committed to deeply integrating sustainability principles into the top-level design of corporate governance and daily operations, ensuring that the sustainable development strategy resonates with the Group's overall strategic objectives.
Corporate Background Analysis The Group promotes the implementation of sustainable development governance through measures such as conducting double materiality analysis and establishing regular Conducting an in-depth analysis of the Group's business plan, strategic guidelines, and financial statements, stakeholder communication mechanisms. Simultaneously, a continuous communication examining the geographical locations of Group activities and product services, and creating a detailed business and feedback mechanism ensures that all initiatives address the concerns of various relationship map to clarify the upstream and downstream value chains.parties and remain subject to supervision, thereby forming a governance closed loop that spans from issue identification and strategy formulation to execution optimization. Studying relevant laws, regulations, and regulatory policies, analyzing market trends and industry dynamics, and identifying and understanding the needs and expectations of key stakeholders.Double Materiality Analysis Based on industry dynamics, business models, and value chain responsibilities, and combined with annual stakeholder communication and feedback, we comprehensively identify and assess relevant issues. Through a double materiality analysis of issues from both impact and Issues Identification and Issue List Establishment financial dimensions, and subject to final review and approval by the Board of Directors, we have defined the materiality matrix for the current year. This provides a clear and reliable basis for strategic focus and resource allocation. Benchmarking against regulatory requirements, capital market concerns, and issues prioritized by industry peers, referring to laws, regulations, and industry standards, and making comprehensive analysis on customer demands 2, 3, 4 In 2025, a total of 23 material issues were identified . Among these, climate change response, to identify potential sustainability material issues for Sailun Group, laying the foundation for further evaluating their product quality, and safety were recognized as core issues possessing both significant impact and impact and financial materiality. 5 financial materiality . To effectively manage the opportunities and challenges arising from these issues, we have established a management strategy combining short-term (within 1 year), medium-term (within 5 years), and long-term (over 5 years) horizons. A regular monitoring mechanism has been established to periodically assess progress against targets and the effectiveness of management measures, aiming to continuously enhance our response capabilities and mitigate Materiality Assessment the potential impact of related risks on the Group's operations and stakeholders.2 As of the end of the reporting period, the Group's accounts payable (including notes payable) balance Issuing prioritization based on multidimensional analysis of expert opinions, industry peer experiences, feedback from did not exceed RMB 30 billion, accounting for less than 50% of total assets, with no overdue payments to management, investors, and employees. SMEs recorded in the National Enterprise Credit Information Publicity System. Therefore, a separate topic The Group continuously expands diversified communication channels and establishes mechanisms covering multiple groups and scenarios to ensure the timeliness and accuracy of information dissemination. We proactively listen to the voices of stakeholders and, through rapid Business ethics Climate change tackling response and ongoing feedback, enhance their recognition and trust in the Group's ESG philosophy and practices. Environment management Product quality and safety Human rights Occupational health and safety Stakeholders Issues of Concern Communication Method Water stewardship pact materiality Diversity, equity and inclusion Sustainable Training and development supply chain Customer service Providing high-quality products and services, Product sustainability Information and privacy protection Corporate governance Information disclosure, shareholders' meeting, R&D innovation Environmental Product quality and safety Government, Smart and digital Social investment and management R&D innovation Industry Government meetings, special reports, manufacturing Financial materiality Agencies Product sustainability protection Sailun Group's Double Materiality Issues Matrix for Sustainable Development in 2025 Human rights Diversity, equality and satisfaction survey ,internal communications inclusion Compensation and Environmental topics benefits Social topics Product quality and safety Biodiversity conservation Corporate Governance Sailun Group is committed to building a transparent, fair, and integrity-driven governance environment by refining its policy framework and strengthening execution oversight to ensure all business activities comply with laws, regulations, and ethical standards. Our Initiatives Sailun Group continues to refine its institutional framework and strengthen oversight of their implementation across key areas including risk We have established a full-process risk management mechanism governance, business ethics, compliance management, and information security. The Group has established risk early-warning mechanisms and embedded throughout business operations, covering five major risk internal control processes, standardized codes of business conduct, and advanced the development of a compliance culture. Concurrently, it has categories: strategic, market, operational, financial, and legal/compliance. enhanced its information security management system by implementing data classification protection and technical safeguard measures. These Guided by the Risk/Risk Event Classification Standard, we scientifically efforts effectively mitigate various governance risks, ensuring the Group's operations remain stable, compliant, and controllable. categorize risks into high, medium, and low levels, achieving tiered and classified risk management. Through a closed-loop mechanism of "identification, assessment, response, and monitoring," we promote Risk Management and Control proactive prevention and control of major risks, comprehensively In 2025, Sailun Group completed the establishment of its risk management framework and system, revised the Risk Management Regulations, and enhancing management efficacy and safeguarding the Group's stable fully implemented a risk governance mechanism centered on the "three lines of defense." By fulfilling responsibilities in "building systems, fostering operations and sustainable development. collaboration, driving implementation, and supervising outcomes," the Group promoted the coordinated operation of its three lines of defense for risk management, achieving the objective of precise and integrated risk control. The Board of Directors, as the highest supervisory level for the Group's Risk Identification risk management, comprehensively oversees the effectiveness of the Group's risk management system and reviews and approves major risk-related The Group has established a regular, structured risk identification mechanism. A decisions. Guided by the Board, the Strategy and Sustainable Development Committee exercises comprehensive supervision over the Group's risk comprehensive risk identification exercise is conducted at least every three years. Utilizing methods such as workshops and process analysis, it covers the five major management work. The Group's Vice President in charge oversees and coordinates the Group's overall risk management efforts, ensuring they are risk categories including strategy and market risks. Led by individual business units closely aligned with the Group's overall strategic plan and that risk management strategies are effectively implemented across all business segments. with overall coordination by the Legal and Risk Control Department, this process results in a Group-wide risk matrix that is developed and regularly updated. employees across the Group and all factories. We also conducted anti-updating the Supplier Code of Conduct. Commercial ethics requirements have been integrated into the supplier onboarding process and ESG due corruption compliance training, achieving a 100% coverage rate for all diligence procedures, achieving compliance standardization and frontloading of compliance expectations. Simultaneously, during the reporting period, employees, which effectively enhanced their capabilities to identify and the Group conducted 30 dedicated training sessions on commercial ethics for suppliers, continuously enhancing suppliers' compliance awareness and prevent corruption risks. performance capabilities, and fostering shared value alignment. Building on this foundation, Sailun Group established an audit mechanism covering the entire procurement lifecycle, focusing on critical stages including requirement approval, supplier selection, contract execution, and payment and acceptance. Multiple rounds of targeted audits were carried out using a risk-based approach combining sampling, walkthrough testing, and data Sailun Group actively responds to the national "Dual Carbon" goals by identifying risks and opportunities through scenario analysis. Energy management and the application of green materials have been incorporated into its strategy. The Group deploys various initiatives around sustainable development goals to continuously enhance its climate response capabilities. Climate Response Sailun Group actively responds to the national "Dual Carbon" goals by identifying risks and opportunities through scenario analysis. Energy management and the application of green materials have been incorporated into its strategy. The Group deploys various initiatives around sustainable development goals to continuously enhance its climate response capabilities. to Climate Change, fully integrating climate change issues into the Group's |
