Sustainability Governance
Follow the path of sustainability and build a high-quality future.
Our Approach to Sustainability
Our ESG governance structure is composed of the Board of Directors, the Social Responsibility Committee, and the Sustainability Department. The Board has the ultimate oversight of ESG and climate-related issues. It reviews and approves the company’s ESG- and climate-related risks and opportunities, and assumes the overall responsibility for ESG management and related disclosures. Board members Ms. Zeng Fangqin, Mr. Jia Shuangyi and Ms. Wei Zhenghui are responsible for overseeing ESG matters.
The Social Responsibility Committee comprises senior executives from departments including Operations, HR, Environment, Health and Safety (EHS), Corporate Social Responsibility (CSR) and Administrative.
The Sustainability Department coordinates ESG efforts across business functions, oversees material topics and drives the implementations of ESG initiatives.
The Social Responsibility Committee comprises senior executives from departments including Operations, HR, Environment, Health and Safety (EHS), Corporate Social Responsibility (CSR) and Administrative.
The Sustainability Department coordinates ESG efforts across business functions, oversees material topics and drives the implementations of ESG initiatives.
Decision-making level
Management team
Execution layer
- The Board is ultimately accountable for establishing the sustainability strategy and ensuring that the Company’s long-term growth strategy is aligned with the broader global development principles.
- It oversees the implementation of the sustainable development strategy, reviews key sustainability metrics and targets, and assesses progress towards the achievement of the Company's sustainability targets.
- The Board also receives regular updates on the implementation of sustainability initiatives, provides guidance to ensure alignment between relevant work and the Company's overall sustainable development strategy, and approves the disclosure of sustainability reports and related matters.
- Identifying and assessing potential ESG risks, as well as opportunities to enhance sustainability performance;
- Integrating the Company's sustainability strategy and ESG principles into all aspects of business operations, interpreting applicable ESG standards and formulating internal ESG policies
- Overseeing the implementation of labor and human rights, environmental management, occupational health and safety, and sustainable development management systems; promoting sustainable development concepts among the management and employees, and regularly conducting social responsibility training for subsidiaries and various departments.
- The sustainability department is primarily responsible for coordinating ESG-related work across business segments, monitoring key ESG performance indicators, and promoting the implementation of ESG plans;
- Preparing the Company's annual sustainability report and other disclosure documents;
- Communicating the Company's sustainability progress with investment institutions, rating agencies, and other third parties;
- Assisting in the formulation and implementation of relevant policies to ensure the effective execution of the sustainable development strategy.
Responding to the Sustainable Development Goals (SDGs)
Environmental
2025 Performance Highlights
- RMB 112m (USD 15.6m) invested in environmental protection, up 46% YoY
- Revenue from renewables- and energy efficiency-related products reached RMB 3.97bn (USD 552.8m), growing by 30.97% YoY
- An array of environmental initiatives delivered strong progress, including Energy Efficiency Program, Zero Waste Program, Clean Water Program and Clean Air Program. Our Energy Efficiency Program has delivered 44,034,586kWh in total energy savings, equivalent to 24,242.75 tonnes of carbon emission reductions (including those from heat savings)
- Solar power consumption reached 53,257,118.18 kWh, up approximately 15% YoY
- Wind power consumption reached 42,484,196.02 kWh, around twice the 2024 level
- Purchased green electricity certificates/renewable energy certificates reached 703,062,485.69 kWh, up 12% YoY
Social
2025 Performance Highlights
R&D and Innovations
- R&D investment totaled RMB 2.37bn (USD 330.9m), up19.1% YoY
- 7,935 R&D researchers, up 25% YoY
- Filed 401 new patent applications
- Over 8,000 process improvement projects implemented, with cost savings equivalent to 2.6% of output value
- RMB 93.45m (USD 13.03m) invested in employee training and development, training hours totaling 4,799,805.55 hours
- Employees were provided with an extra 2,135,336 hours of paid annual leave and 1,204,558 hours of fully paid sick leave in addition to regulatory requirements
- 1,683 employees in need received help, with cumulative employee support investment reaching RMB 9,167,000 (USD 1,277,879.8)
- Our subsidiary Dongguan Lingyi Precision Manufacturing
- Technology Co., Ltd. has obtained certification to ISO 30415:2021 Human Resource Management - Diversity and Inclusion
- By the end of 2025, we have cumulatively supported 1,739 people with disabilities in securing and maintaining stable employment
Governance
2025 Performance Highlights
- Women representation on the board rose to 43%, increasing by 14pp YoY
- Received the highest rating A in the Shenzhen Stock Exchange’s information disclosure assessment for 3 consecutive years
- Robust customs compliance with zero penalties arising from customs inspections and audits and three subsidiaries awarded AEO Advanced Certified Enterprises
- Anti-corruption training covered 100% of employees across all levels
- Established Supplier Code of Conduct, extending environmental and business ethics requirements in the supply chain
