威胜信息(688100):2025ENVIRONMENTAL,SOCIALANDGOVERNANCE(ESG)REPORT
原标题:威胜信息:2025Environmental,SocialandGovernance(ESG)Report SocialRecognition Inclusion in the SSE 380 Index Inclusion in the SSE STAR Market 100 Index Inclusion in the SSE STAR Market AI Index Inclusion in the SSE STAR Market ESG Index Inclusion in the CSI 500 Index 2025 Excellent-Class Smart Factory 2025 Advanced Smart Factory National-Level Green Supply Chain Index Inclusion in the Hunan 50 Index Inclusion Protection Governance National-level Specialized, Sophisticated, Consecutive Three-Year Highest A-Level Unique, and Innovative "Little Giant" Enterprise China Patent Excellence Award First Prize of Jiangxi Provincial Science and Technology Progress Award Companies by CAPCO Best Practice of the Board O?ce by CAPCO Province Top 30 Internet Enterprises in Hunan Province CAPCO (Comprehensive Strength) Guangdong High-tech Enterprises Association CAPCO Best Sustainability Disclosure Award by New Fortune Magazine Quality Productive Forces Innovation Product Award Guangdong Province Digital "New Infrastructure" in Hunan Province SocialContributions Top 50 “Specialized, Re?ned, Unique, and Innovative” Small and Top 100 in Revenue Scale,Top 100 in Tax Contribution, Top Medium-Sized Enterprises in Hunan Province in Tax Contribution 100 in R&D Investment,Top 100 in Social Responsibility Top100 High-Tech Enterprises in Hunan Province in Tax Contribution Grade A Units for Labor Security Compliance and Integrity in Top 100 Private Enterprises in Hunan Province in Tax ContributionTop 100 Industrial Enterprises of Hunan Xiangjiang New Area EnhanceCorporateValueandReturn EEnnhhaanncceemmeenntAtAccttiioonn,EmpowerwithDigital IInntteelllliiggeennccee,andFosterSustainableReturns During the strategic opportunity period when the national 14th Five-Year Plan is highly aligned with the company's “5-5” Strategic Plan, the company deeply adheres to the core orientation of "high-quality development", focuses on key areas of national strategies including innovation-driven development, industrial upgrading, digital transformation, and green low- carbon development, proactively seizes opportunities in energy transition and digital development, continuously focuses on its core businesses of energy IoT and smart cities, simultaneously deepens overseas market layout and localized operations, and promotes coordinated expansion of market scale both domestically and internationally. Guided by the synergy of the two plans, the company drives the coordinated improvement of quality, e?ciency, and shareholder returns, and achieves the organic unity of national strategy implementation, company value growth, and shareholder interest protection. EnhanceCorporateValueandReturnEnhancementAction During the 14th Five-Year Plan period million million 11,777 2,564 yuan yuan 203.27% Operating Revenue Net Pro?t Total Shareholder Return (TSR) since listing 1.18 times 1.85 times YoY Growth YoY Growth ImplementtheNational14thFive-YearPlan: EnhanceCorporateValueandReturn EEnnhhaanncceemmeenntAtAccttiioonn,EmpowerwithDigital IInntteelllliiggeennccee,andFosterSustainableReturns During the strategic opportunity period when the national 14th Five-Year Plan is highly aligned with the company's “5-5” Strategic Plan, the company deeply adheres to the core orientation of "high-quality development", focuses on key areas of national strategies including innovation-driven development, industrial upgrading, digital transformation, and green low- carbon development, proactively seizes opportunities in energy transition and digital development, continuously focuses on its core businesses of energy IoT and smart cities, simultaneously deepens overseas market layout and localized operations, and promotes coordinated expansion of market scale both domestically and internationally. Guided by the synergy of the two plans, the company drives the coordinated improvement of quality, e?ciency, and shareholder returns, and achieves the organic unity of national strategy implementation, company value growth, and shareholder interest protection. EnhanceCorporateValueandReturnEnhancementAction During the 14th Five-Year Plan period million million 11,777 2,564 yuan yuan 203.27% Operating Revenue Net Pro?t Total Shareholder Return (TSR) since listing 1.18 times 1.85 times YoY Growth YoY Growth of countries worldwide 26 items adopt power communication Overseas Subsidiaries Obtained Overseas solutions enabled by our Established as of the Certi?cations self-developed chips end of 2025 FosterSustainableReturns million employees suppliers Number of employees Tax Contributions during Number of suppliers the 14th Five-Year Plan period in 2025 as of the end of 2025 15.67% 90% 19.88% YoY Growth Compared with YoY Growth YoY Growth Compared the end of 2020 Compared with the 13th with the end of 2020 Five-Year Plan Period
Willfar Information has established a regular stakeholder engagement mechanism. We value communication and interaction with stakeholders, and through diverse communication channels, we gain in-depth insights into and actively respond to their expectations and demands, so as to facilitate the e?ective implementation of the company’s ESG management work. Key Focus Areas Stakeholders Communication Channels ?Lawful Operation & Compliance ? Occupational Health & Safety Government ? Exchange Activities ? Waste and Emissions Management ? Innovation & R&D ? Telephone & Email Communication Shareholders ? Stakeholder Engagement ? Premium Customer Services ? Product Quality & Safety ?Field Exchanges ? Sustainable Products and Solutions ? Satisfaction Surveys ? Data Security and Privacy Protection ? Service Hotline Customers ? Responding to Climate Change ?Field Exchanges ? Product Quality & Safety ? Bidding & Tendering ? Anti-Corruption and Business Ethics Suppliers ? Supply Chain Management Optimization Industry Associations ? Company‘s O?cial Website ? Waste & Emission Management General Public / ? Community Activities ? Resource Use & Energy Consumption Community ?Product Quality & Safety ?Information Disclosure ? Sustainable Products and Solutions ? Company‘s O?cial Website ? Innovation & R&D Other Partners Environment MaterialityIssueIdenti?cation We invited stakeholders to participate in the issue assessment and sought their suggestions on our sustainable development. By analyzing the survey results and in alignment with the Company's operational realities and development plans, we constructed a dual-materiality issue analysis matrix. Furthermore, based on the assessment outcomes, we will develop corresponding action plans to e?ectively address the concerns of stakeholders. Materiality Issue Identi?cation Taking into account an analysis of the macroeconomic environment and policy trends, a ESG Issue self-assessment of the company’s ESG practices, a review of best-in-class industry Identi?cation experience, and expert insights, we have identi?ed 21 material ESG issues based on the double materiality principle. Building on a scienti?cally designed research questionnaire, we have collected extensive Stakeholder views and suggestions from stakeholders across diverse sectors through multiple data-Survey gathering methods, including surveys and semi-structured face-to-face interviews. This has enabled us to fully map out the key concerns and priorities of all stakeholder groups.Based on feedback from internal and external stakeholders, the results of materiality assessment Materiality are reviewed and con?rmed by the Strategy and ESG Committee. Taking expert opinions Assessment into account, we have ultimately identi?ed 12 highly material issues, 7 moderately material of Issues issues and 2 non-important material issues, as illustrated in the matrix below.Materiality Issue Analysis Matrix Category No. Issue 01 Resource Use and Energy Consumption 02 Sustainable Products and Solutions Responding to Climate Change 03 Waste and Emissions Management 04 Biodiversity Conservation 05
Abolishing the Supervisory Board, Appointing an Employee Systematically Revising Governance with the Audit Committee Assuming Its Duties Director to Optimize Board Structure Systems to Form Closed-Loop Management To enhance governance e?cacy and global operational compatibility,? The Board of Directors Professional Composition of Independent Directors Independent directors are drivers for optimizing the corporate governance structure, supervisors of standardized corporate operations, and protectors of the interests of minority investors. The company's three independent directors come from the ?elds of ?nance, electrical engineering, and international economics, each with over ten years of relevant industry experience. It also includes independent directors with experience in corporate governance at well-known overseas enterprises.This composition not only meets regulatory requirements for the independence and professionalism of independent directors but also precisely aligns with the company's focus on the Energy IoT industry and global operational needs.Diligent Performance of Independent Directors In 2025, all independent directors performed their duties with notable effectiveness, maintaining a 100% attendance rate. No dissenting or abstaining votes were cast on any proposals, and their independent opinions consistently expressed clear support for compliant decision-making:Meeting Participation Specialized Duties Governance InvolvementParticipated in 6 Board of Directors meetings, Held 1 dedicated meeting of independent Attended 7 governance-related meetings, 3 shareholders' meetings, and 8 Board directors to conduct a prior review of including the annual results brie?ng, Committees meetings. Reviewed 30 major the?” Implementation of 2024 Daily i n t e r n a l c o n t r o l m a n a g e m e n t proposals covering areas such as related Related-Party Transactions and Forecast communication seminars, and global party transactions, external guarantees, for 2025 Daily Related-Party Transactions”, trends & corporate internationalization issuing an approval opinion. communication seminars, actively pro?t distribution, annual reports, and participating in corporate strategic internal control, conducting professional reviews and issuing independent opinions. planning and risk prevention and control.Standardized Operation of Board Committees The Board of Directors has established four specialized committees: the Strategic & ESG Committee, the Audit Committee, the Nomination Committee, and the Remuneration & Evaluation Committee. Working rules have been formulated for each committee. Independent directors constitute two-thirds of the membership in the Audit Committee, Nomination Committee, and Remuneration & Evaluation Committee, complying with regulatory requirements. Each committee diligently ful?lls its responsibilities, leveraging professional expertise to ensure the e?cient operation and scienti?c decision-making of the Board.Independent Directors' Performance Professional Composition of Independent Directors Independent directors are drivers for optimizing the corporate governance structure, supervisors of standardized corporate operations, and protectors of the interests of minority investors. The company's three independent directors come from the ?elds of ?nance, electrical engineering, and international economics, each with over ten years of relevant industry experience. It also includes independent directors with experience in corporate governance at well-known overseas enterprises.This composition not only meets regulatory requirements for the independence and professionalism of independent directors but also precisely aligns with the company's focus on the Energy IoT industry and global operational needs.Diligent Performance of Independent Directors In 2025, all independent directors performed their duties with notable effectiveness, maintaining a 100% attendance rate. No dissenting or abstaining votes were cast on any proposals, and their independent opinions consistently expressed clear support for compliant decision-making:Meeting Participation Specialized Duties Governance InvolvementParticipated in 6 Board of Directors meetings, Held 1 dedicated meeting of independent Attended 7 governance-related meetings, 3 shareholders' meetings, and 8 Board directors to conduct a prior review of including the annual results brie?ng, Committees meetings. Reviewed 30 major the?” Implementation of 2024 Daily i n t e r n a l c o n t r o l m a n a g e m e n t proposals covering areas such as related Related-Party Transactions and Forecast communication seminars, and global party transactions, external guarantees, for 2025 Daily Related-Party Transactions”, trends & corporate internationalization issuing an approval opinion. communication seminars, actively pro?t distribution, annual reports, and participating in corporate strategic internal control, conducting professional reviews and issuing independent opinions. planning and risk prevention and control.Standardized Operation of Board Committees The Board of Directors has established four specialized committees: the Strategic & ESG Committee, the Audit Committee, the Nomination Committee, and the Remuneration & Evaluation Committee. Working rules have been formulated for each committee. Independent directors constitute two-thirds of the membership in the Audit Committee, Nomination Committee, and Remuneration & Evaluation Committee, complying with regulatory requirements. Each committee diligently ful?lls its responsibilities, leveraging professional expertise to ensure the e?cient operation and scienti?c decision-making of the Board. 3 Remuneration & Evaluation Committee Meetings Reviewed and veri?ed 3 proposals, including the ful?llment of unlocking conditions for the ?rst-phase employee stock ownership plan and the remuneration schemes for the employee representative director and senior management, linking compensation with performance. Willfar Information strictly complies with information disclosure regulatory requirements. Tailored to its information management needs, it has improved the disclosure management system and con?dentiality mechanism, re?ned the responsibilities of disclosure o?cers, and enhanced key personnel’s capabilities via professional training, fully ensuring the truthfulness, accuracy, completeness and timeliness of information disclosure. Relevant departments and sta? perform disclosure and con?dentiality duties in accordance with rules, e?ectively safeguarding the legitimate rights and interests of investors and the company, and boosting disclosure standardization and market credibility. Willfar Information strictly complies with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China and other relevant laws, regulations and regulatory requirements. It has formulated the Information Disclosure Management System and Insider Information Registrant Management Measures to regulate information disclosure and insider information management, protect stakeholders' rights and interests, uphold disclosure fairness, and organize professional training for directors, supervisors and senior management to enhance their compliant performance capabilities.Standardize Information Improve Insider Strengthen Core Disclosure Management Information Registration Personnel Training EnhancingInvestmentReturns The Company consistently regards investor relations management as a vital link connecting the market and the company. Centered on the goals of "more transparent information disclosure, more standardized communication mechanisms, more precise value communication, and a stronger sense of investor gain," the Company has established a diversi?ed, e?cient, and transparent communication system. It continuously deepens information dissemination and two-way interaction while e?ectively safeguarding investors' rights to information and participation. Through systematic, digital, and internationalized investor relations practices, the Company promotes the formation of market value consensus.2025 Investor Relations Achievements Best Practice 4 Sessions 2025 Annual Performance Held periodic report Brie?ngs - Best Practice Top 16 performance brie?ngs Award According to statistics from the third-party platform “Wind”, the Company ranked 16th among all A-share 50＋ 200+ companies in terms of the total Coverage reports and analyses number of investor surveys Participated in over 200 from brokerage ?rms over 50, online and o?ine research/ received throughout the year e?ectively communicating the communication events Company's core value 300+ 317 500+ Attracted attention/ Cumulative Investor Total Investor Calls engagement from over 300 Engagements answered investment institutions Implementing Multi-Dimensional Initiatives to Solidify the Foundation of Investor Relations Work The Company has long attached great importance to investor relations management, establishing diversi?ed and e?cient communication channels to ensure the timely dissemination of company information.Multi-Platform Investor Communication, Building a Full-Chain Interactive System |
