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华峰测控:华峰测控2023年度环境、社会及管治(ESG)报告(英文版)

公告原文类别 2024-04-30 查看全文

Environmental

Social and

Governance ReportContCentos ntents

03 Innovation and Quality

About the Report 04 Continuous Innovation in Pursuit of Excellence 65

Reliable Quality for Unrivalled Performance 73

Chairman's Statement 06

About Accotest 07

01 Governance 04 Green Operation

Corporate Governance 17 Climate Change 77

Ethics and Business Conduct 20 Environmental Management System 78

Risk Management 24 Green Production 82

Intellectual Property (IP) Management 26

Cybersecurity 32

02 Social Appendix 84

GRI Mapping Table 84

Employment 37

ESG Indicator Table 87

Talent Development 43

SDGs Mapping Table 91

Occupational Health and Safety 49

Customer Services 52

Supplier Management 58

2 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 3About the Report

Scope of the Report Data Assurance

Entities covered: The Report covers Beijing Huafeng Test & Control Technology Co. Ltd. and its subsidiaries (collectively We undertake that there is no false record misleading statement or material omission in the Report and the Board of

referred to as "Accotest" "the company" or "we") and is intended to present the ESG and sustainability performance Directors is liable for the authenticity accuracy and completeness of the content herein. Disclaimer: The Report contains

during the reporting period. some forward-looking statements including plans and objectives regarding the future development. Such information

reflects management's expectations in the current stage which may be subject to uncertainty and cause significant

Reporting period: The report covers the period from 1 January 2023 to 31 December 2023. To enhance the integrity of differences from actual outcomes. Our company does not assume any obligation to update any forward-looking

this report certain parts may relates to past years. statements in this report.Release cycle: The Report is our first annual ESG report. Release

Reference and Principles This report is available in both print and electronic format. The electronic version can be accessed on the company's

website at www.hftc.com.cn or on the website of Shanghai Stock Exchange (SSE) at www.sse.com.cn.The report is based on the Sustainable Development Reporting Standards (GRI Standards) released by the Global

Reporting Initiative and the ISO 26000 Guidelines for Social Responsibility (2010) issued by the International Organization The Report is prepared in simplified Chinese and English. For any differences between the two versions the simplified

for Standardization. It also meets the requirements of the China Securities Regulatory Commission's Guidelines for Chinese version shall prevail.Corporate Governance of Listed Companies (2018) the Shanghai Stock Exchange's Guidelines for the Application of Self

regulatory Rules for Listed Companies on the Science and Technology Innovation Board No. 2- Voluntary Information Contact Us

Disclosure (2022) and the Shanghai Stock Exchange's Guidelines for the Disclosure of Voluntary Information.Beijing Huafeng Test & Control Technology Co. Ltd.Explanation of the Data in the 2022 Report on the Application Guidelines for Self regulatory Rules of Municipal

Address: Room 101 102 & 103 Floor 1 to 5 Building 5 IC PARK No. 9 Fenghao East Road Haidian District Beijing

Companies No. 1- Standardized Operation.Postcode: 100094

Data Explanation Tel: 010-63725600

Unless otherwise specified the information and data presented in the Report are derived from the official documents Fax: 010-63725652

statistical reports financial reports or public documents of the company. Website: www.hftc.com.cn

The financial data in the Report are cited from the audited Annual Report 2023 of Accotest. Please be informed that the

Annual Report shall prevail for any discrepancy. Unless otherwise specified all amounts presented in the Report are in

RMB and certain amounts and percentage figures herein have been rounded.

4 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 5Chairman's Statement

Dear Accotest colleagues and stakeholders

2023 marked the 30th anniversary of Accotest an important milestone on our development path. 30 years ago a group

of young ambitious people with passion and vitality founded Accotest in a small bungalow in Beijing. After 30 years of

devotion and perseverance Accotest has grown into a national high-tech enterprise that provides thousands of high-end

equipment domestically and internationally every year.The company's focus on pragmatism has made the Accotest people unalterable with enduring temptation and loneliness

for decades. Accotest believes that only with years of accumulation and accumulation of basic technology can it achieve

"overtaking on curves" and is committed to becoming a leading domestic enterprise in the field of integrated circuit

automation testing through long-term and arduous efforts and hard work.The innovative thinking of Accotest enabled our people to independently develop and master a number of core

technologies in IC testing and own a number of technological achievements with international and domestic leading

level. Accotest products have also become one of the most important global platforms in the field of IC testing.ESG's the concept of sustainability and green production have always been closely aligned Accotest's core values of

"pursuit of excellence creation of value". As a domestic leading supplier of automatic test equipment (ATE) for IC test

Accotest upholds the pursuing excellence and striving to develop into China's best and the world's first-class brand of

testers. We seize the historical opportunity of China's industrial upgrading and domestic substitution and specialize in

automatic IC test in an effort to become a prominent enterprise in this sector. At the same time the company always

cares for and concerns about every employee steps up efforts to promote low-carbon and green operation and works

hand in hand with all stakeholder to create greater value for our customers employees shareholders and society.December 2023 ACCOATboEutS ATccotest

Chairman

6 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 7Company profile: "Craftsmanship in Pursuit of Excellence"

Founded in 1993 in Beijing Accotest (also known as Beijing Huafeng Test & Control Technology Co. Ltd.) is a domestic leading supplier that specialises in independent R&D production and sales of semiconductor automatic test equipment (ATE). Accotest (stock

code: 688200) was successfully listed on SSE STAR Market in February 2020 and is now headquartered in Zhongguancun IC Design Industrial Park Haidian District Beijing. Over the past 30 years Accotest has been dedicated to independent R&D and continuous

innovation in pursuit of excellence to increase the application of our products in IC design companies IDM/wafer manufacturers and packaging and testing companies globally. The company has achieved large installed scale in countries and regions with an

advanced semiconductor industry such as the United States Europe Southeast Asia Taiwan Japan and South Korea.In February 1993 In September 1999 In 2008 In 2009

Company history Beijing Guanghua Radio Factory In September 1999 Huafeng Accotest successfully developed a new The company's first mass-produced 32-established Huafeng Technology Technology was restructured into generation of STS8200 test platform site full-floating MOSFET wafer tester

one of the first domestic companies a limited liability company and and launched the main model STS8200 STS8202 was launched which further

engaged in R&D production and sales renamed as "Beijing Huafeng Test & common ground source test system increased the installed base

of semiconductor ATE systems Control Technology Limited"

discrete devices and other test areas

STS8200 products"

In November 2017 In 2017 In 2015 In 2014

Huafeng Limited was converted Launch of the GAN FET test kit Launch of the IPM test kit based on Launched the "CROSS" technology platform

into a stock limited company based on ST8200 ST8200 which enables testing of analogue ICs mixed-

signal ICs discrete devices MOSFETs etc. by

replacing different test boards on the same test

technology platform thus further enhancing

the test scalability of products

In 2018 In February 2020 In July 2022 In May 2023

The company launched "ALL in ONE" STS Based on a healthy financial condition The installed capacity of the company has As market demand grew the

8300 that can contain all test modules in and leading R&D innovation capabilities increased rapidly and the global installed company's installed capacity

test head. With parallel testing capabilities after multiple audits the company has capacity of equipment has exceeded exceeded 6000 units worldwide

of more than 64 sites the platform is the successfully been listed on the Science 5000 units

company's future focus to open up the and Technology Innovation Board of the

high-end market Shanghai Stock Exchange

8 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 92023 Top 100 Beijing Manufacturing Enterprises 2023 Top 100 Beijing Enterprises with the Features 2021 The 16th "China Chip" Excellent Supporting

—— Beijing Enterprise Federation and Beijing of Specialisation Refinement Uniqueness and

National high Technology Enterprise Service Enterprises

Entrepreneurs Association Innovation —— China Centre for Information Industry Development

—— Beijing Enterprise Federation and Beijing

Entrepreneurs Association

2020 The 3rd "IC Innovation Award" Achievement 2020 Science and Innovation Golden Horse Award -

Industrialisation Award R&D Investment Leadership

2023 Top 100 Beijing Advanced Technology Enterprises 2023 Annual Best Delivery Suppliers —— China Integrated Circuit Innovation Alliance —— Securities Daily

—— Beijing Enterprise Federation and Beijing —— Jiangsu Changjiang Electronics Technology Co. Ltd.Entrepreneurs Association

2017-2018 China Semiconductor Market - Annual 2019 IC Packaging and Testing Industry Chain

Best Performance Award Technology Innovation Award

—— CCID Consulting Company Limited —— IC Packaging and Testing Industry Chain Technology

2022 Top 100 Beijing Manufacturing Enterprises 2022 Top 500 New Economy Enterprises in China Innovation Strategic Alliance

—— Beijing Enterprise Federation and Beijing Entrepreneurs —— China Enterprise Evaluation Association

Association

2011 Outstanding Achievement Award 2017-2018 China Semiconductor Equipment Market -

—— Implementation Management Office of National Companies with the Greatest Potential

2022 The 16th China Listed Company Value Evaluation - 2021 The 15th China Listed Company Value Major Science and Technology Projects for Large- —— CCID Consulting Company Limited

Top 30 Listed Companies by Value on the SSE STAR Market Evaluation - Top 10 Listed Companies by value on the scale Integrated Circuit Manufacturing Equipment and

Complete Process

—— Beijing Enterprise Federation and Beijing SSE STAR Market

Entrepreneurs Association —— China Enterprise Evaluation Association

2009 Most Attractive Local Semiconductor Equipment 2010 The 5th China Semiconductor Innovative Products

2021 Top 500 New Economy Enterprises in China 2021 Top 50 Listed Companies by market cap on the and Materials Company Award and Technology Award

——Semiconductor Equipment and Materials —— China Semiconductor Industry Association (CSIA)

—— China Enterprise Evaluation Association SSE STAR Market

International (SEMI) China Electronic Materials Industry Association (CEMIA)

—— China Media Group Shanghai Central Bureau

China Electronic Production Equipment Industry

Association (CEPEA) and China Electronics News

10 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 11Stakeholders

Stakeholders Issues Communication channels

Over the past 30 years Accotest has thrived despite many challenges with the support of communities. We are Business ethics and compliance management Shareholders' meeting

deeply aware that our sustained growth cannot be achieved without contributions and trust from all stakeholders.Employee rights and benefits Annual report and

Highly valuing expectations and feedback of stakeholders Accotest identified stakeholders as below based on the announcement

industry landscape business scope and operation characteristics. Timely and effective communication mechanism Shareholders and investors EHS management requirements

Investor relations section on

and diversified two-way communication channels are in place for all stakeholders including suppliers customers Product responsibility official website

employees shareholders and investors regulators media and industry association. Customer services Online surveys

Carbon emission management

Stakeholders Issues Communication channels

Energy consumption management

Customer training Product innovation research and development

Product responsibility Customer visits Pollutant and waste management

Customer services Customer satisfaction Biodiversity protection Regulatory assessment

EHS management requirements Conference Government and Regulatory Employee rights and benefits Policy consultation

Customers Employee rights and benefits Industry exhibitions Bodies EHS management requirements Meetings

Supplier management Offline exchange meetings Product responsibility Online surveys

Sustainability strategy Social media Customer services

Business ethics and compliance management Online meetings Supplier management

Online surveys Sustainability strategy

Business ethics and compliance management

Employee rights and benefits

Carbon emission management

Customer services

Energy consumption management

Business ethics and compliance management

Supplier visits Product innovation research and development

Suppliers Product responsibility

Online surveys Pollutant and waste management

EHS management requirements Press release/announcement

Media Biodiversity protection

Sustainability strategy Online surveys

EHS management requirements

Supplier management

Product responsibility

Customer services

Employee rights and benefits

Business ethics and compliance management

Product innovation research and development Training

Employee rights and benefits

Product responsibility Employee satisfaction surveys

Employees Product responsibility

EHS management requirements Whistleblowing e-mail Industry association Activities and events

Customer services

Customer services Online surveys

Business ethics and compliance management

Business ethics and compliance management

12 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 13Materiality assessment Environmental Social Governance

The voice of stakeholders matters to Accotest. To fully understand stakeholders' views and expectations on our ESG Materiality matrix

management and address their concerns we identified evaluated and ranked ESG issues through the following

four steps.Product innovation research and development

Product responsibility

Customer services

1. Background analysis Employee rights and benefits

EHS management requirements

We analysed the internal and external conditions that affect our sustainability journey based on our

current operation and future development orientation as well as industry landscape. Business ethics and compliance management

ESG information disclosure

Carbon emission management

Sustainability strategy

2. Identification of material issues Supplier management

ESG risk Pollutant and waste management

management

A total of 14 material ESG issues were identified based on the background analysis including 5 environmental Energy consumption management

issues 5 social issues and 4 governance issues. Biodiversity protection

3. Materiality analysis

Accotest analysed material issues through surveys and interviews and presented survey results in the form The materiality to the company

of materiality matrix by ranking ESG issues by "materiality to stakeholders" and "materiality to Accotest" .

4. Review and approval

The Board of Directors and the management team reviewed and approved the materiality assessment results.

14 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 15

The materiality to stakeholdersCorporate Governance

In strict compliance with the Company Law of the People's Republic of China the Securities Law of the People's Republic

of China the Rules Governing the Listing of Stocks on the Science and Technology Innovation Board of Shanghai

Stock Exchange and relevant laws and regulations rules and normative documents Accotest pursues high-quality and

sustainable development by deepening and optimising corporate governance as well as establishing and improving the

internal management system.Organisational structure

Beijing Huafeng Test & Control Technology Co. Ltd.General meeting of shareholders

Supervisory board

Strategy committee Remuneration and assessment committee

Audit Board of

department Audit committee directors Nomination Committee

Chairman of the board Board office

Corporate General manager

GovernaGnocveernance

ESG management level ESG executive level

The management handles the overall ESG management controls Each department assigns dedicated personnel to form the ESG

the Company's ESG framework and system planning coordinates Cross-functional Team to carry out ESG-related tasks and deploys

ESG Cross-functional Team and reviews ESG reports. resources to assist with ESG daily management and ESG disclosure

and ensuring that the objectives of the ESG work are effectively

achieved.

16 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 17

General

Manager's Office

HR &

Administration

Department

Finance

Department

Production

Department

Purchasing

Department

Quality

Department

Overseas

Subsidiary

Research and

Development

Department

Marketing

Department

Application

& Service

Department

Sales

DepartmentShareholders' Meeting Investor relation management

The power organ of the company to exercise the supreme decision-making power for the internal affairs

according to law and make decisions on major internal and external matters through the shareholders'

meeting such as the decisions on the company's operation strategy and investment plans the election or

replacement of directors and supervisors and modifications to the articles of association. As a listed company on the Shanghai Stock Exchange Accotest attaches great importance to the transparency of

communication with investors and information disclosure. Pursuant to the Company Law of the People's Republic of

China the Securities Law of the People's Republic of China the Guidelines on Investor Relations Management of Listed

Board of Directors Companies the Rules Governing the Listing of Stocks on the Science and Technology Innovation Board of Shanghai

Stock Exchange and relevant laws and regulations normative documents and the company's Articles of Association

The body of authority to convene the shareholders' meeting decide on the structure of internal governance the company has developed the fact-based Investor Relation Management Policy. In addition we provide multiple

framework lead the core development strategy develop plans for important economic activities and make communication channels and timely and transparent information disclosure to meet investors' communication needs.decisions on major matters based on the authority given by the shareholders' meeting. The board office is These channels include statutory information disclosure platform as well as shareholders' meeting performance

established under the Board of Directors to handle the daily affairs of the board. presentations analyst meetings columns on the official website media platforms and investor education bases.In doing so we keep in close contact with investors listen to their opinions and suggestions and respond to their

requests in a timely manner. Regarding how information is disclosed we have prepared the Administrative Measures for

Information Disclosure which serves as a clear and detailed management guide.Board of Supervisors

The standing internal supervisory body to supervise and inspect conducts of directors General Manager During the Reporting Period Accotest issued 132 corporate announcements on designated websites and responded

other senior executives and finance staff and safeguard the legitimate rights and interests of the company to 18 questions from investors online. We also held 2 roadshows 2 exchanges with institutions and 3 performance

and shareholders. It shall be responsible to and report to the shareholders' meeting and discharge its duties briefings with 561 participants and released our 2022 annual performance report in WeChat official account.according to law.

18 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 19Ethics and Business Conduct

Sound internal control and compliance

It is important to Accotest that we protect the legitimate rights and interests of the company and shareholders.Observing the laws and regulations while pursuing entrepreneurship and the culture of internal control we make

constant efforts to enhance the prevention and control systems against compliance risks improve the management

of internal control and compliance and specify the control procedures at all levels to ensure that instructions from

the Board of Directors and senior executives are strictly implemented and internal risks are minimised. Following the

principle of fairness impartiality and openness we maintain effective communication with leaders and employees at

all levels regarding daily internal control management and turn our values into action in every detail of compliance

management.Anti-corruption

Accotest puts great emphasis on Anti-fraud and Anti-corruption and adheres to honesty transparency and integrity in

practice. To improve internal control reduce operating risks achieve business targets and sustainable growth we have

developed and implemented the fact-based Anti-fraud and Policy internally based on the Securities Law of the People's

Republic of China the Basic Standard for Enterprise Internal Control the Company Law of the People's Republic of

China the Audit Law of the People's Republic of China and other laws and regulations. Every employee is required to

comply with our internal control policy and report any sign of fraud in time.The Anti-fraud and Policy aims to regulate employees' conducts. We require all employees to stringently observe

relevant laws and regulations internal rules and policies and professional ethics in a bid to build a positive atmosphere

featuring honesty diligence and dedication and create a more equitable healthy and transparent working environment.

20 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 21Division of Anti-fraud responsibilities:

Other related functional departments: Fraud firmly prohibited:

Responsible for supervising management level to build up a company-

wide Anti-fraud culture and establish and improve the internal The Company's Legal Affairs Finance and Human

Board of directors

control system including fraud prevention acceptance of reports and Resources and Administration Departments are Steal attempt to steal secrets or knowingly

investigation respectively responsible for the litigation recovery of

disclose business information

financial compensation and disciplinary actions against

relevant personnel of fraud cases. Use official duties to falsify and seek personal

gains

Responsible for the formulation and modification of the company's

Audit committee - In order to enforce working discipline and eliminate

Anti-fraud system and assisting the management level to establish and

Audit department violations of laws and disciplines Accotest has established

Accept bribes and other benefits such as loans

improve the anti-fraud mechanism a series of specific fraud management measures and and stocks

protects the complainants and whistleblowers in assisting

Sign false contracts or unfair contracts in

in the investigation work to ensure that all employees are

exchange for counterparty rebates

Responsible for establishing and improving internal control clean honest and disciplined in operation and production

Management level

mechanisms including fraud prevention and jointly create a positive fair and clean corporate

culture.

22 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 23Risk Management EHS risk management

Accotest attachs great importance to risk management. In the long-term risk management workwe constantly To better address environmental risks and ensure safe and healthy production Accotest has formulated and issued

consolidate every risk exposure monitor risk elements at all levels and set clear requirements in the Accotest Internal the Environmental Protection Management Policy to preliminarily build an environmental protection policy system.Control System Compilation V2.0. Our management takes the initiative to improve standardised management in daily The General Manager of the company is primarily responsible for the environmental protection practice supported

work with particular attention paid to the prediction identification and control of potential risks. Please refer to the by designated personnel for environmental protection management. In our environmental protection work we

annual report of Accotest for each type of risks and corresponding measures. At the same time the company makes use adhere to the principles of putting prevention first combining prevention and control and delivering comprehensive

of internal reports to accurately identifies and systematically analyses internal and external risks in the production and management. We insist on implementing clean production carrying out pollution control control of pollutant

operation activities and determines risk response strategies through risk assessment to achieve effective risk control. discharge up to the standard and total pollutant amount control throughout the whole production process. We include

environmental protection performance as a key KPI in internal selection of outstanding employees which alone can

deprive the candidate of the eligibility in case of poor performance.Risk assessment

On this basis the company carries out environmental monitoring according to the Environmental Monitoring Plan. For

any violation of emission limits noted the relevant departments must be notified in time according to the established

In daily risk management Accotest collects relevant information according to its control objectives and carries out procedures and any tricks like reducing the monitoring frequency or stopping monitoring are prohibited. The domestic

risk assessment considering the current situation. Our established procedures require that the Audit Committee shall sewage discharge must comply with the related property management and other agreements and regulations. An

regularly submit major risk assessment reports to the Board of Directors for approval. The risk assessment is done to Environmental Maintenance Report will be issued every year according to the Environmental Monitoring Plan.precisely identify and systematically analyse risks in business activities formulate applicable risk response strategies

and control risks within the tolerance through reasonable and effective measures based on the assessment results. Meanwhile to enhance hazardous waste management and protect public safety and health we have formulated

and strictly implemented the Hazardous Waste Special Regulations considering the actual situation of the company

according to laws and regulations such as the Law of the People's Republic of China on the Prevention and Control of

Environment Pollution Caused by Solid Wastes. In this way we manage to strictly control the possible safety and health-

related risks through intensified management of environmental pollution risks.Examples of core risk management initiatives:

Manual control and Segregation of incompatible

automatic control Preventive + detective control dutycontrol

Authorisation and

approval control Accounting system control Property protection control

Budget control Operational analysis control Performance evaluation control

Major risk warning system Emergency response

24 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 25Intellectual Property (IP) Management

Patents obtained

Patents obtained

Patents applied for 304

Patents obtained 182

Patent type distribution

Invention patents 27

Utility model patents 141

Design patents 14

Accotest is committed to creating a development environment that values innovation and adheres to independent

R&D continuous innovation and IP protection. Since its establishment the company has been focusing on the

R&D production and sales of automatic test systems for semiconductor with all its core technologies coming from

independent R&D. At present the company has made many technological breakthroughs in the field of testing of

ICs such as analog and digital-analog ICs as well as discrete devices and power modules. The company has patents

in various core technology fields and has effectively protected the relevant achievements in IP rights and patents by

adopting a systematic approach. This approach is based on measures such as IP and patent systems construction

patent creativity incentive mechanism patent navigation reports professional search Database internal meeting for

patent review patent insurance patent pre-review filing and patent training.

26 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 27IP systems IP structure

Accotest has established a comprehensive IP rights management system and procedures including the Patent The company has established a cross-departmental IP Rights Team comprising technical experts and patent engineers

Management Measures Accotest Internal Process and Precautions of Patent Application and Review Enterprise headed by a chief technical expert.The IP Rights Team reviews the internal proposals of the company conducts

Intangible Assets Management System Measures for Copyright Protection and Precautions and integrated IP rights comprehensive evaluation from the technical and patent perspectives and scores the patent application proposals

management into the R&D process continuously promoting innovations in R&D. in multiple dimensions such as technology economy and legal compliance thereby promoting the exploration and

expansion of patent selection and patent rating and improving the quality of in-house patent proposals. Meanwhile the

Company has also set up an internal pool to protect internal patents in the form of trade secrets which can be used for

future patent application.IP Team

Patent Review Quality Control Internal Protection

Review evaluation Topic exploring and applying for "Archive" management of

scoring invention patents and overseas patents internal patents

Patent protection system

The company has established a large-scale patent protection system incorporating various key work such as patent

protection international patent application and serial patent application to protect the independent R&D achievements

for effective benefits enhancing the competitiveness of our products and the company. The company continuously

strengthens patent application in the field of ATE systems for semiconductor based on the products' lifecycle through a

comprehensive IP protection strategy forming a network of IP protection. In addition to domestic patent applications

the company has also applied for international patents under PCT and obtained patent approval from the US Japan

and Europe.

28 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 29Patent incentive mechanism

Accotest has set up corresponding incentive mechanisms for various types of patents to encourage patent innovation Information management

and enhance R&D vitality. Accotest has extended the application of this mechanism to all its employees in an effort to

? Patent navigation report: Accotest is working with universities and colleges to obtain patent retrieval

create an atmosphere of innovation for all.reports on 5 major topics;

Patent Incentive Mechanism ? Facilitating management with PatSnap search database: Accotest has purchased a PatSnap business

account to facilitate intelligence searches by R&D and patent engineers;

Invention patent Utility model patent Design patent ? R aising staff awareness through thematic training: Accotest has conducted many internal and external

RMB 3000 RMB 2000 RMB 1000 training sessions on patent search application and exploring.Accotest continuously optimizes and improves efficiency in IP rights management and has made a number of effective

improvements in various aspects such as patent exploration application retrieval and protection.IP achievements

Cases Accotest maintains a high-level IP awareness. With persistent efforts Accotest has now formed a well-developed

patent mining search and transformation mode. The relevant patent-granted inventions and designs lead the field of

semiconductor ATE systems in China and gradually beyond covering Japan Europe and the United States. promoting a

wider application of Accotest's R&D innovations in the global market of semiconductor ATE systems.Protection As a leading high-end equipment manufacturer in China Accotest boasts a sound IP system which is essential to the

continuous innovation-oriented development of our product lines and fundamental to our progressive growth. Since its

? P atent insurance: After expert review 16 out of 20 patents submitted by the company have passed the inception Accotest has been committed to the construction of IP system and its management process. Now we have a

review including 14 invention patents and 2 utility models; the insurance period is: 15 September 2022 – well-established system to manage our IPs and patents including but not limited to patent review process protection

14 September 2025. Any infringement of the 16 patents during the insurance period may be reported to measures and incentive mechanism.

95518 for claim and apply for the relevant compensation.

? Patent pre-review filing: Accotest has filed at Beijing and Tianjin Intellectual Property Protection Centre

and patents requiring earlier examination can be facilitated through pre-review by the Protection Centre.

30 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 31Cybersecurity

Management systems

Information security system

To constantly improve enterprise information security management Accotest has developed and implemented such

internal policies as Information Security Management System Redundant Backup Specification SVN Data Backup

Specification and Document Classification Management System. In the day-to-day work the company's information

Accotest attaches great importance to its information and data security. Since its establishment Accotest has not security is managed in strict accordance with the criteria of relevant systems.reported any significant information security incidents. For cybersecurity management the company has taken various

measures to secure its network and information including establishing an information security system improving

the information security technology and carrying out security training to reinforce the staff's information security

Business security risk management

awareness.Accotest places emphasis on the management of business information security risks. The company has not only

established a solid internal monitoring and access control system but also strengthened the information security

Organisational structure management from the source with a multi-level management system to prevent information leakage or modification

by unauthorised users during the information transmission and to ensure that the data can be accessed by authorised

The General Manager's Office is the top decision-making body for information systems management responsible for users in a timely and reliable manner. Each link works closely to secure information and ensure its confidentiality

the implementation of policies and regulations deployment of high-level tasks and final decisions on implementation integrity and availability.plans.As the centralised information management department the Human Resources and Administration Department is

responsible for tracking the development trend preparing and implementing information plans mapping out project

plans and budgets and managing the process approval supervision and technical operation & maintenance of the

company's information projects.

32 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 331. Document classification management

Drill and training

Document classification is the foundation of Accotest's information security management and an important part of

the information security system. For document classification management Accotest lays equal stress on security and In May and August 2023 we conducted two sessions of document

efficiency. The company classifies internal documents and controls access permission on a daily basis. Moreover the classification management training for all employees in the form of online

company follows the principle of minimum authorisation and controlled approval for access to information assets video conference + offline on-site drill covering rules and specifications

and gives priority to preventing unauthorised access to its documents thus reducing the information security risk and for document identification encryption and delivery management

protecting its interests. as well as external case studies and internal rules for preventing

unauthorized access to documents with the in-depth participation of a

To regulate document classification management the company has formulated such system documents as Document total of 137 Accotestl employees. Upon training completion we began

to officially implement the document classification management and

Classification Table Standard List of R&D Project Output Documents Core Technical Documentation Definition achieved good results. This training has been included as one of the

Common Document Templates and Document Delivery and Approval Process which serve as the basis for document mandatory orientation training courses for new employees.encryption identification and dissemination process and a supporting framework for secure and efficient document

management. Finally a virtuous cycle is created along with business upgrading and optimisation. The trial operation

of document classification management has been completed in the first phase and now it's in the second phase.Implementing supervision and inspection in the management process helps to develop the staff's awareness of

document classification management and related working habits.

2. R&D computer terminal management

As a technology-intensive company Accotest has a vital security control area namely its network environment where Future planning

R&D is conducted. In terms of network access Accotest isolates the internal R&D network from the office network

and sets up an external network whitelist; in terms of terminal management the company prohibits unauthorised file

copying and terminal access through real-time monitoring anti-virus measures and software encryption. Under the

safeguard of restrictive controls the information security risk and software infringement risk are progressively reduced. Information security is an invisible

Currently the terminal management solution has been implemented throughout the R&D department. protective shield on Accotest's

business. Therefore it is crucial

to strengthen the security

3. Backup management

management as the company

grows stronger. For the future

Accotest has to handle a large amount of data during operation and maintenance so the backup management of planning we are considering

important files and data is indispensable. In this regard Accotest has formulated the Data Backup Specification which defining the existing data

highlights the importance of information and data backup and requires rigorous implementation in daily IT operation encryption i.e. adding encryption

and maintenance. The specification is also subject to optimisation in line with the business upgrade. This year the slots for R&D data protection and

company completed the setup of backup servers at the Beijing headquarters. Relevant backup specifications have been further strengthening network

applied to the network system configuration and data of the Beijing headquarters and the SAP workshop management application controls based

data of Tianjin factory. In particular the offline "weekly backup" has been updated to a more frequent "daily backup" for on the R&D network isolation

core R&D data. management.

34 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 35Employment

Accotest is committed to establishing an equal inclusive and harmonious employment relationship. We strictly abide by

the requirements of the Labour Law of the People's Republic of China the Labour Contract Law of the People's Republic

of China the Provisions on Prohibition of Child Labour as well as other relevant laws and regulations of the place

where we operate. With reference to the Forced Labour Convention and other conventions of the International Labour

Organisation and based on the management policy of care for people strictness and effectiveness the company has

formulated the Basic Personnel Policy the Employee Salary and Performance Management Policy and other internal

management documents to protect employees' legitimate rights and interests.Employee distribution

Number of employees by gender

162 Person 27%

SociaSlocial 446 Person 73%

Female Male女男

Accotest has been striving to achieve mutual benefit and win-win progress with our employees

customers and suppliers. The company has made constant efforts to optimise the management

systems regarding employment talent development and occupational health and safety so as to Number of employees by age

protect the rights and interests of employees. We have also established a robust customer service 323 Person 53%

system for more transparent customer communication and feedback and timely handling of customer

issues and needs winning their trust and recognition. In 2023 the company upgraded the existing 16 Person 3%

supplier lean management system by strengthening strategic classification for more scientific and

elaborate supplier management. In the future we will continue to uphold the business philosophy of

"Excellence Openness and Sharing" and pursue innovation and development to create more value for 269 Person 44%

employees customers and suppliers.Aged 30 and below

Aged 31 to 50

Aged over 50

36 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 37

30岁以下30-50岁

50岁以上Employment Employee communication channel

The company adheres to the concept of ensuring transparency in recruitment selecting people according to post Accotest has opened transparent multi-scenario communication channels for all employees to ensure their voices are

requirements employing people based on merits making the best use of talents and providing talents with appropriate heard and to create an inclusive and open working atmosphere.development space. A comprehensive evaluation of their professional skills working experience teamwork capability

and communication skills will be conducted during the recruitment process to ensure that each candidate is placed in

the most suitable position and development path.Monthly training and communication

The Chairman and General Manager personally give lessons to new hires at the enterprise training conference

Accotest Graduate Talents Incubation Plan - Recruitment of

talents from universities and colleges to guide them to take the first step in their careers. They are also proactive in understanding employees'

performance and answering their questions at the monthly face-to-face meeting.As a campus recruitment plan the Accotest Graduate Talents Incubation Plan including job rotation

executive coaching project practice thematic training and other customised training approaches is designed Direct dialogue with senior management

to enable these workplace newbies to grow rapidly improve business and leadership skills and become

For better communication with employees the executive office adopts an open design that is accessible to any

leaders or business experts in a particular field or business sector of the company. As part of the plan Accotest

employee in need and helps them solve problems in time.has opened 12 positions covering technology information functional business equipment and electrical

instruments and has drawn up specific recruitment goals.Employee survey

Accotest pays attention to the real needs of each employee. At the end of each year the Human Resources

Department will collect and summarise opinions and suggestions of all staff. The most concerned issues will

The precise selection of talents has breathed new life into the company In 2023 the turnover rate of be discussed in top meetings to identify optimisation measures and the implementation will be followed up

facilitating talent management and effectively reducing staff turnover. to ensure that employees' needs are responded to in a timely and effective manner.Accotest was only 10%

The company will contact employees within three to six months after their

dimission and offer them the opportunity to come-back help them re-

integrate into the company and make use of their strength.

38 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 39Employee care and benefits Sports activities of Accotest in 2023

Badminton games in Beijing totalling Men's badminton singles in Tianjin

35055 hours with 246 participants totalling 216 hours with 24 participants

Employee activities Women's badminton singles in Tianjin Mixed badminton doubles in Tianjin

totalling 80 hours with 24 participants totalling 80 hours with 16 participants

Birthday parties and off-line sports are organised every month for employees to encourage them to join in healthy and

Men's badminton doubles in Tianjin

entertaining activities after work. In 2023 the company arranged a number of activities such as table tennis matches totalling 80 hours with 16 participants

the year-end party and team tours. In this way the employees' spare time life was enriched and the cohesion of the

team was enhanced.Funny table tennis games (140 Professional table tennis doubles games (170

matches) in Beijing totalling 1320 matches) in Beijing totalling 252 hours with 18

hours with 44 participants participants

Professional table tennis games (224

The company provides billiards table tennis treadmills spinning bikes and other sports facilities in offices and Table tennis singles in Tianjin totalling 96 matches) in Beijing totalling 285 hours hours with 10 participants

factories. The Tianjin Office also provides employees with badminton and basketball courts in the office area. with 15 participants

Table tennis doubles in Tianjin totalling Funny table tennis games totalling 96

132 hours with 12 participants hours with 24 participants.

Basketball games in Beijing totalling

1104 hours with 69 participants

Football match held by AccoTEST in 2023 Badminton competition held by AccoTEST in 2023

Activity of "Exercise for Fun" on the way

At present a company-wide "Exercise for Fun" activity is on the way. According to the plan employees

participating in this online exercise check-in activity will have their daily exercise records including walking

running climbing cycling swimming be uniformly converted into running kilometres. The mileage of all

participants will be counted and ranked at the end of the month to encourage those who have not yet

completed their exercise challenge to do so next month constantly motivating employees' exercising

enthusiasm. We believe that employees' participation in the company-wide open exercise check-in activity is

conducive to developing healthy living habits and working conditions.

40 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 41Internal relief fund Talent Development

Over the past 30 years Accotest has always been there for our employees. While employees contribute to our

development we have also set up an internal relief fund (Dongguang Fund) to provide solid and reliable support for

employees.Career development

Employee rights and interests and diversity

The company is dedicated to cultivating employees with innovation loyalty and a positive attitude. In order to lead the

development of talents capabilities and effectively attract and retain talents Accotest has formulated the Measures for

Accotest Professional Qualification Evaluation and Application Management (hereinafter referred to as the "Measures")

Following the principles of gender equality appropriate personnel for appropriate positions and equal pay for equal established a standardised and normalised career development mechanism and stipulated that the company shall

work Accotest aims to create an equal diverse and inclusive workplace and to protect the legitimate rights and assess employees' core skills and patent research when assessing the grade of the employee.interests of all employees.Equal employment

The proportion of female employees in The proportion of women in senior

Accotest is about 27% management is about 33% Senior

management Able to participate in corporate strategic planning.Team manager Able to lead a larger team.To create an equal and safe working environment:

* The principle of open recruitment and equal competition is observed in recruitment and employment and Team leader Able to lead a small team.discrimination or disparate treatment against employees due to gender age or physical characteristics is prohibited.* Parental leave maternity leave and lactation leave are offered to lactating female employees to safeguard their rights

and interests. Able to work independently and guide and motivate Senior

subordinates.* Sexual harassment in the workplace is firmly opposed. Our offices adopt an open layout to ensure an open and

transparent workplace environment.* A ccotest Tianjin Office takes active measures to meet employees' demands. It has set up gender-specific yoga classes Junior Able to operate under the guidance of seniors.in its fitness centre which provide personalised courses to target groups with specific needs demonstrating care for

our employees in every detail.

42 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 43

Grad

fr eo mm a lo nw ag t eo m h eig nh t sle yv ste el mac (c eo mrd pi ln og y eto e st h ae re a pss re os msm ote en dt )On-boarding training for new hires

Training For the training of new employees Accotest implements a "mentorship" buddy model where each newcomer is

assigned an experienced senior for one-on-one mentoring to help them quickly learn the business and integrate into the

company. The company also provides three types of training courses to help new employees obtain a comprehensive

understanding of the industry the company technologies and their positions.Due to the characteristics of our industry and the specificity of equipment products most of our positions do not have

such majors in universities and most of the socially recruited employees are involved in a different discipline. In this

regard Accotest prepares systematic and comprehensive training courses to help employees quickly grow into multi-

faceted talents that are able to work independently. Induction training conference

In the first month of new employee induction training is provided on industry information corporate culture

company regulatory framework safety management and other courses. During this period the General

Manager and Chairman will personally give instructions and the direct engagement of senior management is

conducive to enhancing our bond with employees.Average training hours per employee

10.33 Hours

Total hours R&D technology training

6279.12 Hours Average training hours Average training hours per female For new employees in the R&D Department specific courses on R&D are provided including theoretical

per male employee employee 7.82 Hours content and practical operation to help new employees familiarise themselves with the work flow.

11.24 Hours

Training for specific position

Total training hours for middle and senior Average training hours per middle and senior

196.40 7.27 All departments are required to provide new employees with on-the-job training that reflects the actual job management Hours management Hours duties according to the department conditions and special post requirements to help them gain a deeper

insight into the work contents and self-image.Total training hours for employees below middle Average training hours per employee below middle

and senior management 6082.72 Hours and senior management 10.47 Hours

On-line knowledge and skills sharing

Considering the technical confidentiality and the need for immediate sharing of R&D work the R&D Department has

Total training hours for staff of R&D technology Average training hours per staff of R&D technology built a Knowledge Management Platform for internal on-line training which is available for the sharing of patent

department 4938.78 Hours department 18.22 Hours management information development guidelines and specifications competitive products and related technical

research reports. The software version of the platform also provides release function and can be used for releasing

working records and meeting minutes and employees can share the R&D knowledge collected from the work on the

platform realising efficient sharing collaboration and communication.

44 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 45Technical sharing/training sessions for R&D teams on the platform i3 learning and exchange meeting in multiple themes

At the beginning of the year each R&D project and resource group will formulate internal and external R&D i3 Learning Exchange meeting is an exchange meeting for all employees set up by Accotest from three aspects:

training schedules according to the needs. Each group will output training plans according to the group's CBB Idea Innovation and Invention.technology and experience and put forward external training needs according to the team's cultivation needs.Through internal training and exchange meetings we promote knowledge sharing and exchange among team During the Reporting Period Accotest hosted a total of 5 i3 learning and exchange meetings in themes covering

members to avoid the emergence of knowledge islands. We promote the concept of learning organization test technology business knowledge industrial thinking and planning. In terms of ESG publicity in August

encourage and help team members to continuously learn and improve their skills. with the assistance of third-party consulting agencies we arranged ESG training for all employees on ESG-

related knowledge and major industrial issues which effectively deepened our perception and understanding

of ESG and enhanced our awareness of sustainable development.Diversified training courses i3 learning and exchange meeting in multiple themes

250

Co《n追tin求ue极 t致he, Pu共rs筑uiEt SoGf E新xc纪el元len》ceAnnual training to Usher in a New Ear of ESGi3 Meetin《gS -i KCe My OPoSiFnEtsT 开in 关SiC特 MOSFETTo improve employees' business practices and catch up with industry developments the company has set up an Switch Cha性ra测cteri200 试技sti术cs要 Te点st》 Technology

annual training for all employees to achieve full participation and improvement.DF《M T电h子ink行in业g 的anDdF PMla思nning

150 of Ele想ct与ron规ic划s I》ndustry

i3 learning and exchange meeting

To facilitate experience sharing and the acquisition of cutting-edge knowledge by employees the company

holds i3 exchange meetings and various open classes from time to time for in-depth discussions on product 100

development team collaboration technological innovation and other topics to help employees continuously 《IGIGBBTT器 D件ev、ic应es用 与 Cuttin《g-IeCd测ge试 IC前 T沿es技t T术ec》hnology

Application and Teststrengthen their integrative competence. 测试》

50

Internal on-line sharingTo optimise the convenience and practicability of staff training the company makes screen recordings of “key 0steps” and uploads them to the internal server for staff to learn and quickly master practical skills. M3a月rch A4p月ril M5月ay Au8g月ust No1v1e月mber

Number 人of p数articipants

* I n order to continuously improve the staff training management system the company is promoting the hierarchical management of training. The

prototype of the relevant framework has been established and once completed is planned to be used throughout the company.

46 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 47Occupational Health and Safety

Talent incentives

Being committed to providing a healthy and safe working environment for employees Accotest continuously improves

the occupational health and safety (OHS) management and takes all necessary measures to prevent mechanical injury

personal injury and safety liability accidents. As part of the OHS management Accotest continuously enhances security

Believing that talent is a key pillar supporting the long-term sustainable and high-quality development of the company

management and raises the safety awareness of employees to ensure the safe operation of the company. During the

Accotest continuously explores various ways to motivate and reward the whole workforce with a focus on the fairness

Reporting Period Accotest had no major casualties or safety liability incidents.and effectiveness of these incentives.Equity incentives

Implementing equity incentive schemes is one of the effective measures to guarantee the loyalty and motivation of employees. The

Accotest Equity Incentive Scheme was launched after the listing in 2020. As at the end of the Reporting Period Phase I of the Scheme OHS management

had been completed while another phase was still in the vesting period. The fulfilment of certain performance commitments is

one of the necessary conditions for the exercise of options over equity incentives. At present equity incentives are open to all key

employees and business leaders. The company has set clear standards for the issuance and management of equity incentives. Every

year the board of directors of the company will decide how much equity to give to key employees as incentives based on the financial

performance of the company and the personal performance assessment of the employees concerned. To effectively guarantee OHS among employees Accotest has established related policies like the Employee Safety

Manual which clarifies all risk points and assigns corresponding responsible person for safety with a clear segregation of

duties for supervision and warning on equipment safety management. With unremitting efforts in safety management

Award incentives

Beijing office and Tianjin factory of Accotest have obtained ISO45001 certification for its Occupational Health and Safety

To foster continuous innovation among employees the system in June 2020 .company has also set up various technical awards in internal

appraisals such as the Innovation Award the Technology

Excellence Award among others aiming to encourage

employees to explore and make breakthroughs in the field of Trainings and drills

technology. These awards also form a platform for employees

to demonstrate their technical and innovative capabilities

helping build up enthusiasm and creativity among Accotest attaches great importance to the occupational health of employees. In 2023 the total hours of training

employees. To ensure safety at work employees are trained on specific work processes on environmental safety at Accotest

and standards before they get onboard and provided with necessary reached

protective equipment. For risk points that may cause injury/death or harm

contingency plans are developed and environmental safety fire drills and

University Cooperation safety training on first-aid knowledge and other themes are conducted with 709

the performance followed up properly by stages. In 2023 the total hours of

training on environmental safety at Accotest reached 709.As a leading company in the field of semiconductor testing in China Accotest actively cooperates with universities in

research on cutting-edge technologies in the industry and makes all efforts to promote the employment of graduates

playing an exemplary role in social responsibility with practical actions. In 2023 the company established a joint

laboratory in cooperation with universities which offered students opportunities to study and research cutting-edge

topics in the industry. Besides the company provided internship/training bases for undergraduates and postgraduates.

48 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 49The company conducted a fire drill in Beijing Tianjin Suzhou

Industrial Park and many other offices Before In progress After

Through the drill Accotest staff learned the correct use of dry powder and foam fire extinguishers and fire Noise source control: Upgrade Personal protection: Provide Medical examination:

hydrants under the direction of firefighters and gained a basic understanding of fire escapes. The purpose related components with employees with noise- Schedule annual medical

of the drill is to enable the staff to understand the basic knowledge of fire fighting enhance their awareness outcomes from corporate- cancelling headphones examinations for employees

of safety and risk prevention build up their capabilities of self-protection and ensure they have the skills to university cooperation and and earplugs to reduce and closely track the hearing

respond to and escape from a sudden fire so as to protect their life and property safety. The drill was a great replace outdated power the acoustic stimulation to health of employees working

supply modules so as to them; in noisy environment.success with all employees actively participating.reduce fan noise level while

improving efficiency;

Under strict noise reduction management the noise around the plant has been effectively controlled. Accotest noise

detection examples:

2023 second quarter test data

Test points Test date Test period Result dB(A) Main sound source

1 metre at the factory boundary 1# 2023.05.05 15:22-15:23 55 Industry

1 metre at the factory boundary 2# 2023.05.05 15:28-15:29 54 Industry

1 metre at the factory boundary 3# 2023.05.05 15:34-15:35 56 Industry

1 metre at the factory boundary 4# 2023.05.05 15:40-15:41 57 Industry

2023 third quarter test data

Noise control at workshops Test points Test date Test period Result dB(A) Main sound source

1 metre at the factory boundary 1# 2023.08.09 14:27-14:28 58 Industry

1 metre at the factory boundary 2# 2023.08.09 14:32-14:33 59 Industry

Taking production safety seriously Accotest regularly inspects and optimises 1 metre at the factory boundary 3# 2023.08.09 14:38-14:39 57 Industry

the production environment. According to the fifth article of the national 1 metre at the factory boundary 4# 2023.08.09 14:45-14:46 56 Industry

Noise Health Standards for Industrial Enterprises the working noise of

enterprises should not exceed 85 dB. The company's production workshop 2023 fourth quarter test dat

uses fans to dissipate heat during the production process and the fans can

produce noise approaching 70 decibels under extreme working conditions. Test points Test date Test period Result dB(A) Main sound source

To safeguard the occupational health of employees the company has taken

1 metre at the factory boundary 1# 2023.11.20 11:23-11:24 58 Industry

measures to control the noise level at workshops before during and after

production. Besides a third-party testing company has been engaged to 1 metre at the factory boundary 2# 2023.11.20 11:26-11:27 58 Industry

inspect the working environment including measuring the environmental 1 metre at the factory boundary 3# 2023.11.20 11:30-11:31 57 Industry

noise. 1 metre at the factory boundary 4# 2023.11.20 11:33-11:34 59 Industry

50 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 51Customer services Employees and agents are distributed globally: Global distribution of customers or installed base:Mainland China Taiwan Korea Japan USA Italy and Mainland China Taiwan Korea Japan USA Europe South East

Southeast Asia Asia South Africa & North Africa

Customer services

USA

Europe

Italy Mainland China Korea

The company is mainly engaged in the R&D production and sales of semiconductor ATE systems. The products are Japan

North Africa

mainly used in the testing of integrated circuits (ICs) such as analogue ICs mixed signal ICs discrete devices and power Taiwan

modules and sold to countries with an advanced semiconductor industry such as China (including Taiwan) United Southeast Asia

States Europe Japan South Korea and Southeast Asia.The company has long been devoted in the field of semiconductor ATE systems since inception and has realised the South Africa

replacement of imported models with self-developed products in ATE systems for analogue and mixed signal ICs.Meanwhile the company has been continuously expanding the coverage of semiconductor testing in fields like gallium

nitride (GaN) silicon carbide (SiC) IGBT and other discrete devices and power modules.Now the company has grown into a leading domestic supplier of semiconductor ATE systems. We are also one of Domestic Employee Distribution:

the few Chinese companies that supply semiconductor ATE to renowned domestic and international chip design

companies wafer manufacturers IDM and seal testers. Beijing Tianjin Shanghai Shenzhen Hangzhou Suzhou Beijing

Xi'an Chengdu Wuxi

Tianjin

Wuxi

Accotest continues to optimise the overall layout and sustainability Xi'an Hangzhou Shanghai

of its offices in China and actively responds to the ESG call and Chengdu Suzhou

development policies of the regions in which it operates.Distribution of customer service teams Shenzhen

Fast response to customer requests within 24 hours

Accotest provides customer services by regions. The service resources are centrally allocated by the headquarters

based on the categories of customer needs. The Service Department assigns staff to address the customer's concerns As the scope of services continues to expand Accotest has established increasingly high requirements for our own

based on the product type and customer needs and carries out comprehensive analysis of customer needs to support products and services. To promptly and efficiently receive customer needs Accotest provides a QR code on each device

service improvement upon communication with the R&D and production departments. Currently the domestic that the customer can scan to inform us about their concerns and needs. In addition the company clearly requires that

customer service teams of Accotest are widely deployed in 9 cities: Beijing Tianjin Shanghai Hangzhou Wuxi Suzhou the service staff should respond to customer requests within 24 hours.Xi'an Chengdu and Shenzhen which are expected to address the needs from all over the country while our wholly-

010203

owned subsidiaries in the United States and Malaysia will provide services to customers based in the United States and Incoming customer Requirements and applications Sales reports in the system

Southeast Asia. We also have overseas customer service teams in Japan South Korea France Italy and Morocco which requirements submitted to Sales

serve the local customers on an agency basis.

0504

Requirements solved Customer Service carries out return visit as required

52 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 53After-sales services During the Reporting Period

Accotest provided board maintenance services for

The company mainly provides four types of after-sales services: equipment installation programme development Achieved a completion ratio of 73.6%

times in the development of applications

client exception handling and repair. Standardised service processes are established for these services to ensure that 5749

customers can receive timely and professional support from Accotest after-sales teams during the use of the products.Customer satisfaction

The company has established internal evaluation standards for customer satisfaction survey based on the characteristics

Procedures for the four types of after-sales services of our businesses and industry benchmarks. Customers' comments on related areas including product testing software

pre-sales and after-sales services are analysed to support the development of targeted improvement measures. Then

1. Request receiving the evaluation and feedback procedures are followed to complete the special tracking list management and end-to-end

closed loop management.Meanwhile Accotest will carry out an internal satisfaction conference at the end of each year and release a satisfaction

2. Assessment and response report. At the conference managers analyzed the results of field visits and questionnaires to discuss the direction

of quality and product optimization in order to enhance the market competitiveness of products and customer

* Equipment installation: The Service Department contacts the customer and assigns installation personnel.satisfaction.* Programme development: The Service Department evaluates the customer request the sales staff creates

the project and the project manager assigns tasks.Customer satisfaction survey

* Client exception handling: Response is required within 24 hours after receiving the customer request.* Repair: After receiving the defective part for repair from the customer the assistant at the Service Customers participating in Customers who returned Customer satisfaction

Department issues a Return/Exchange Form and a Maintenance Contract. satisfaction surveys126 clients satisfaction surveys108 clients 90.7%

3. Processing and delivery Through our relentless pursuit of customer service we ended up with a total of 210 valid questionnaires in the FY2023

Customer Satisfaction Survey with a customer satisfaction rate of 90.7% for the year.* Equipment installation: Installation staff complete the installation on site including the test and calibration.Then they hand over the equipment and parts to the customer and sign the installation report.* Programme development: Relevant staff study the product materials and formulate a schedule and then

carry out the design commissioning optimisation and delivery.* Client exception handling: Offer advice on troubleshooting help solve the problem remotely or arrange

for dedicated personnel to support on-site if necessary and provide feedback to the customer after the Customer training

problem is solved.* Repair: The customer sends the defective part to the Quality Department for repair and then the

department returns the repaired part to the customer.Accotest pays close attention to the performance of products in use. Therefore we have provided a variety of training

for customers regarding the equipment sold and relevant technologies. The company determines the type of training

4. Feedback and tracking: After the problem is solved the results are communicated to the customer and platform and designs the course schedule taking into account the training time location content and the number of

the issues that need further follow-up are tracked on an ongoing basis. participants. The annual public training plan will be released on the WeChat official account in January every year with

the detailed schedule and sign-up link provided 2 to 3 weeks in advance. After the training is completed the company

will share the video materials of the training to customers upon request.

54 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 55Training category

Accotest training was recognised by national and international customers

Accotest provides various types of training for customers including training on equipment operation and market/

industry knowledge. To meet the diverse needs the company currently provides four types of training for different In March 2023 at an invitation of a customer we sent our engineers to the customer's facility for a five-day

scenarios. advanced training session for test engineers. During the training the customer praised the performance of the

test machine's hardware and software and actively participated in the hands-on practice. After the training

the customer expressed high recognition and appreciation for the training via email.In April 2023 a Korean agent invited 5 important overseas customers to Beijing for a

Product training two-week platform application training and a tour visit to our Beijing headquarters

Accotest determines the content and frequency of the training and invites customers to participate either and Tianjin production base. At the Beijing headquarters customers learned about Number of thank-you

online or on site. The training focuses on product operation and related industry knowledge. Such training is our development history patent portfolio planning and technological innovations. letters received

designed to help customers carry out tests with the equipment efficiently and improve customer satisfaction. At the Tianjin production base customers observed our robust production

During the Reporting Period product training was carried out 22 times involving 792 participants with a total management system covering quality inspection assembly and commissioning

duration of 1020 hours. processes. After the training the customer gave us high praise: "Accotest is 8

technology driven company and has fully capable company" and later sent more

engineers to the Shanghai Branch for training.Customised training for customer

Accotest designs the courses upon customer request based on their needs and requirements and delivers the

training at the customer's premises to address customers' concerns in a targeted manner and thus guarantee Customer privacy protection

that the customer can use the equipment more efficiently and reliably. During the Reporting Period we

provided 72 sessions of customised training involving 478 participants,with a total duration of 1390 hours.Accotest attaches importance to customers' privacy. Non-disclosure agreements (NDAs) and mutual non-disclosure

agreements are signed at the time of contracting with a partner customer and in accordance with the customer's needs

On-site training regarding newly sold equipment and our internal processes. At the same time we also conduct internal customer privacy training.Accotest provides basic operator training to customers when the newly sold equipment arrives at the

customer's premises to help them understand the operation methods in a direct and efficient manner. During

the Reporting Period we provided on-site training regarding newly sold equipment for 18 times involving 47

participants,totalling 104 hours. Accotest commitmentOnline public training Accotest has been working towards the aim of providing customers with high-quality and reliable testing equipment

since inception. Keeping in mind of "providing customers with first-class testing equipment" we have been making

Accotest publishes online public training content via WeChat official account which targets at all customer vigorous efforts over these years in R&D implementing lean management and improving employees' sense of belonging

groups. During the Reporting Period the training content that Accotest published got 8910 views. and satisfaction with Accotest. In the future Accotest will work hand in hand with all employees to continue to provide

quality services to the global customers with the view to developing into a global leading supplier of testing equipment

and creating more value!

56 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 57Supplier Management

Supplier profile Supplier management system

As one of the leading enterprises in China's semiconductor testing equipment industry Accotest is committed to Accotest is committed to building a solid and efficient supply chain. To this end the company has developed a

maintaining long-term and stable cooperation with suppliers for mutual benefits and win-win results. By the end of the rigorous supplier management system that is continuously optimised to standardise the supply chain management.Reporting Period there were a total of 304 suppliers cooperating with the company. In cooperation with suppliers the company will provide targeted training to improve the quality of their products and

services. Suppliers that do not meet the requirements will be decisively eliminated.Supplier access

Domestic manufacturers Domestic agencies and distributors

151 clients 49 clients Accotest is committed to building a sustainable supply chain system. Based on our product characteristics and actual

procurement needs we have formulated management measures including the Qualified Supplier Selection and

Foreign manufacturers Foreign agencies and distributors Evaluation Guidelines and the Procurement Department Workflow which clarify the procurement process and set out

11 93 the requirements for supplier evaluation in terms of business legitimacy quality certification customer satisfaction clients clients ability to provide products and their service models.

Provision of supporting documents Submission of supplier audit requirement

including supplier qualification by Procurement

Access process

Evaluation by expert group On-site/Online audit

The supplier access process starts with procurement requirements. After evaluation by the expert group the supplier is

required to conduct a self-inspection. Eligible suppliers are then added to the Qualified Supplier List and submitted to

the General Manager for approval. To ensure product quality Accotest requires all selected suppliers to sign a Quality

Assurance Agreement and a PCN agreement under which suppliers shall provide chemical composition analysis reports

and safe use instructions for materials that may have an adverse environmental impact.

58 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 59Supplier classification

To refine the selection and evaluation of various component suppliers Accotest classifies suppliers by component

category to facilitate more targeted management and effective risk avoidance. Accotest supplier assessment results in 2023

Coverage of supplier assessment Pass rate of supplier assessment Number of suppliers assessed

Supplier classification management table 6% 100% 17clients

Structural components Printed circuit boards (PCB) Connectors

26 clients 5 clients 40 clients

Electronic devices Components Others 0 suppliers have significant actual and potential 5% suppliers covered in environmental

30 negative impact on the environment assessmentclients 106 clients 97 clients

*O ther Categories: Including PCBA fans cables test pins software magnetic materials labels and signs production accessories office labour supplies

etc. patents packaging supplies and more.Suppliers with an unqualified assessment result will be given the opportunity to improve and participate in training

under the company's supervision during the improvement period. If the product remains unqualified after improvement

the company will revoke the supplier's qualification.Meanwhile with the continuous optimisation and iteration of the company's product portfolio Accotest will update the

supplier category breakdown every year based on the business needs and changes in cooperation in order to ensure the Supplier training

data validity and business adaptability of category management.Based on the concept of mutual benefit and progress Accotest actively organises training and exchange activities

Supplier assessment and audit for suppliers every year. During the reporting period the Quality Department took the lead in organising 34 offline

communication and quality exchange meetings for 7 cooperative suppliers. The training sessions included in-

Accotest has set up a cross-functional team to assess and audit key suppliers according to quality standards and conduct depth analysis and communication with the suppliers on the details of on-site management IT management and

regular on-site inspections. Suppliers that fail the assessment will be suspended from working with the company and quality management etc. At the same time the quality of suppliers' products was sampled and analysed and clear

asked to make rectifications. If they still fail to meet the standards by a certain deadline the company may consider improvement targets and ways of improvement were put forward. The activity disseminated industry experience and

extending the rectification period or replacing them with other suppliers. knowledge and played a practical and effective role in monitoring suppliers' quality management.In the audits for key factories in each category Accotest focuses on their quality standards lead times technical

support affordability compliance logistics and possession of certificates in terms of quality occupational safety and

environmental safety systems. This assessment enables us to have a comprehensive view of the factory's operations and

ensures compliance with ESG-related environmental and social responsibility requirements.

60 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 61Until now Accotest has successfully completed strategic supplier classification through professional and systematic

internal assessment.Supplier Strategic Tiered Management

Total number of preferred suppliers Total number of optional suppliers

52 clients 109 clients

Total number of limited suppliers Total number of optimizable supplier

Adhering to the concept of win-win cooperation AccoTEST continuously strengthens the cooperation with suppliers. In 64 clients 20 clients

2023 based on the existing supplier category management the company added a new supplier strategic classification

management plan which is based on the correct assessment of suppliers' resources and capabilities and divides

cooperative suppliers into five strategic levels. This year as the first year of implementation of the plan a total of 245 In addition the company is formulating graded management process documentation for the purpose of providing a

suppliers participated in the classification assessment covering 80% of the total number of cooperating suppliers. clear management standard and operation guideline for suppliers at all grades. This effort may help suppliers be better

prepared for the change in market and product requirements so as to improve the overall management of the supply

chain.

62 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 63Continuous Innovation in Pursuit of Excellence

Product stories

Over three decades Accotest has made in-depth efforts in the field of semiconductor with a concentration on the R&D

production and sales of semiconductor ATE. With constant development and iteration the company has grown into a

leading domestic supplier of semiconductor ATE systems and established presence in the international market.

1993 Technology start-up stage

-

2004 Accotest developed the first-generation product STS2000. The product series mainly features single-site

testing capability realising software functions of Chinese interface and graphic programming interface.Technology Accumulation Stage

Innovate 2005 Accotest developed the test system for analog ICs and power management ICs making 4-site parallel - testing feasible and the grounded-source testing system for key models. As a breakthrough to the full-2010Innovation and Quality floating technology Accotest launched a 32-site full-floating ATE for metal-oxide-semiconductor field-effect transistors (MOSFETs) which was recognised by the first users in domestic and foreign markets for

leading technologies and stable product quality and thus started extensive application.Since inception in 1993 Accotest has been exploring technical innovation and green and low-carbon

development and delved into the R&D innovation and reliability improvement of semiconductor ATE. Rapid breakthrough stage

2011

In the face of unstoppable innovation of new technologies in the semiconductor industry and increasing - Accotest launched STS8200 a tester powered by floating V/I source and having been put into mass

requirements of customers for product quality Accotest closely follows market requirements while 2017 production. Floating V/I source has the advantage of suppressing the disturbance of ground wire over

continuing to upgrade products in an effort to provide customers with high-quality and high-performance grounded V/I source thus achieving more flexible testing and small-signal voltage test at high level.low-carbon products. Up to now the installed base of the company's ATE systems has already exceeded

6000 sets globally. Accotest focuses on R&D and quality. By advancing R&D we keep accumulating

experiences improving innovation capability and optimising product quality management. These efforts Steady development stage

aim at contributing to the industrial development while providing customers with high-quality products. 2018

to date Accotest launched "All in ONE" STS8300 platform that is capable of parallel testing with more than 64

sites. With the capability of testing power management ICs and mixed-signal ICs with more pins and

more sites the platform will be the company's focus in future development.

64 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 65History of product innovation and development Current core products of Accotest

Product series Picture Applications

1993

For the testing of various

STS2000 analog hybrid and power ICs

such as power management

STS8200 signal chain intelligent power

modules and GaN (third-

generation semiconductor

STS8107 2005 Installed first test product material).

2008 STS8200

Ground Based VI

For the testing of power

management ICs and mixed-

STS8300

STS8200 Cross signal ICs with more pins and 2009

Full floating VI sites and better performance.STS8300

2018

Mixed-Signal Tester

For the provision of PIM test

STS8200 PIM solutions based on STS8200

Power Integrated Install Base : 3000+ Power Module 2020 to customers and the testing

Module Tester IPO:688200 Test Product of high-power modules IGBT/

SiC and KGD.

2023 Till May installed over 6000 units

66 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 67June 2023 - Accotest attended SEMICON China 2023 in Shanghai China.

Road to innovation

During the exhibition Accotest exhibited three major products: STS8200 PIM STS8300 and STS8600. The new

product STS8300 gained exposure for the outstanding features. Accotest received visitors from a total of 12

countries which further improved the international reputation of Accotest.Since the development of the first-generation ATE system Accotest has been sticking to independent R&D while closely

following the development trends of the industry. We always remain open and inclusive regarding technological

innovation as the drive and focusing on the needs of the market and customers. In addition to excellent services for

existing customers Accotest acts actively to empower customers through technical trainings and elaborated proposals.To enhance our market competence and lay a solid foundation for sustainable development Accotest also actively

participates in industry exhibitions and forums and conducts in-depth market research to understand the needs of

customers and latest trends of the industry.Accotest always regards innovation as the core driving force of enterprise development and steadily invests in R & D

innovation to maintain technological leadership.During the reporting period

R&D investment as a percentage of revenue 19.10%

Active participation in industry exhibitions

To further advance along the road to international technological innovation of high quality high standards and broad

influence Accotest closely observes global developments to support innovation. As early as 2021 Accotest established

subsidiaries in Malaysia. Now Malaysia takes up 13% of the global market of packaging and testing. According to various

semiconductor conferences and exhibitions in 2023 Malaysia was expected to undertake the "CHINA+" strategy and

drive the innovative development of the semiconductor industry with international semiconductor companies surging

into the country. With acute insights into the industry and an edge of technological innovation built up over the years

Accotest has set an excellent example of global expansion for China's semiconductor industry with rising position in the

industry and expanding influence around the world. December 2023 - Accotest attended "Semicon Japan 2023"

During the exhibition Accotest increased the

May 2023 - Accotest attended "SEMICON Southeast Asia 2023" in Penang Malaysia. understanding of Japanese equipment in the field of

packaging and testing and promoted the company's

This is the first time for AccoTEST's Malaysian subsidiary to STS8200 CROSS STS8300 and other products which

participate in the exhibition displaying key products such as not only further expanded Accotest's international

STS8200 CROSS and STS8300.Accotest paid full attention to presence but also enriched Accotest's experience in

the current development of ATE systems and latest needs of

customers during exchanges at the exhibition and learnt about overseas expansion.the opinions of supply-chain partners to explore new approaches

for product promotion and innovation from multiple dimensions.

68 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 69Road to innovation:

Based on insights into the development trends of and cutting-edge technologies in the semiconductor industry Accotest IT construction

collects customer needs through discussion with customers and visits to new and existing customers. After analysing

customer feedbacks on aspects such as product features and processes that are collected through e-mails and online

meetings Accotest deeply digs into customer demands and forms a summary of common problems which supports the

building of technological innovation capability and enables us to better meet customer needs. In recent years Accotest has been focusing on facilitating efficient production and high-quality R&D through fostering IT

construction and continuously improving management system for product R&D and production to promote an efficient

sustainable development of product R&D and production.Schematic diagram of the R&D and innovation process based on customer feedback R&D management construction

To improve the management processes for new product R&D the R&D Department breaks down the objectives of

product R&D and ensures the R&D progress can be tracked in the system in real time. Departmental meetings are

01 The Marketing Department and the Sales Department collect and sort out customer needs organised on a regularly basis to address barriers in joint efforts and ensure the steady advancement of new product

R&D. In addition IT-enabled management has been implemented for all R&D projects as well as the documentation and

tracking of task data. All R&D-related work can be accurately tracked with the R&D management system that is open

02 The Marketing Department discusses the feasibility with the Customer Service Department and the R&D Department synchronised and transparent.

The system allows R&D Project Manager to access the work progress at any time to ensure correct implementation and

03 R&D project initiatiation enables employees to check others' work progress and enhance cooperation which effectively contributes to integrated

innovation for product R&D.

04 The Decision-making Committee reviews and approves Construction of R&D management system

To solve problems in new product R&D like the long development cycle data scattered difficulty in progress control

and inflexibility in project-specific working hours allocation Accotest initiated the construction of R&D management

system in 2023 to enhance IT-enabled project management. During the reporting period through the efforts of a work

Integration into Improving existing products such as adding team dedicated to the IT construction over the R&D management system the system had been created with all function

new product Testing hardware etc. to meet customer needs modules and had been fully adopted by the R&D Department.development

Testing

Project management

Production Product launch

Returning to client port For project management project leaders use the R&D management system to set task objectives break down tasks

and implement plans on a quarterly basis. Breaking down tasks enables project members to track the project status

task assignments and progress and engineers to focus on short-term objectives and tasks thereby realising the more

accurate monitoring of the new product R&D progress and improving the work efficiency.

70 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 71Meeting management Reliable Quality to Deliver Unrivalled

For meeting management the R&D Department organises a project reporting meeting every two weeks to discuss Performance

project problems and risks making sure that risks are identified and responses are provided in a timely manner.Those invited include the general manager and persons involved from the Marketing Department the Application

Accotest has established a quality management system covering the entire

Department the Quality Department and other departments ensuring that project objectives meet the expectation of Beijing Huafeng Test & Control Date : 28.10.2022 Technology Co. Ltd. Our ref. : SFH 01 process from R&D to mass production by paying great attention to and Ms. Feng Han Your ref.: F.H.Building 5 Yard 9 Fenghao East Road Haidian District 100094 Beijing

P.R. China

all stakeholders. Weekly reporting meeting on technical management is organised by the resource management team to Ref : WA SEMI S2 CertificateType of Equipment : Mixed Signal Test System Model Designation : See Certificate Certificate No. : WA 50563657 0001 continuously investing in quality management. Accotest has successfully Report No. : CN2187S2 001 Dear Ms. Feng Han

ensure well-advanced project progress and support long-term technology accumulation. We herewith confirm that a sample of the above mentioned technical equipment has been tested and was found to be in accordance with the relevant requirements. Enclosed please find your Certificate of Conformity. obtained a number of international certifications including ISO 9001 quality We appreciate your kind support and would like to offer our assistance and continuous services in the future.With kind regards

Certification Body

Xinling Liu

management system certification EU CE "Conformity" safety certification Enclosure

and SEMI certification from the International Semiconductor Equipment

and Materials Industry Association. These certifications serve as compelling

Innovation achievements STS8300 SEMIS2S8 Accotest Beijing ISO Accotest Tianjin ISO evidence of Accotest's dedication to a scientific and stable quality management Certification 9001 Certification 9001 Certification

system and affirm the excellent quality of equipment.Exploring new fields and applications such as AC sources of low distortion and high

efficiency and energy storage units

The company has established a Joint Laboratory of Integrated Circuit Equipment to facilitate AC source projects Quality management

through corporate-university cooperation. The project will improve the energy efficiency of ATE (Automatic Test

Equipment) from the current 53% to nearly 85% which will effectively reduce downstream factories' electricity

expenses in the mass production of ICs contributing to the low-carbon objective. With a total of over RMB 2 million Accotest implements comprehensive quality management for the five stages of project development. Quality standards are set at

invested by Accotest so far the innovative achievement is expected to be applied in products by 2025. the project planning stage and multi-stage quality audits are carried out upon entry into the R&D stage to ensure that the project

process meets the set standards. In the quality verification phase the company conducts comprehensive performance tests and risk

assessments to ensure that the product meets quality requirements and in the production transfer phase quality risks are strictly

controlled through detailed production process planning and quality monitoring. Finally at the project completion stage the results of

Using deionised water as heat dissipation medium to reduce environmental and safety risks the preliminary work and the process is reviewed to improve the quality of future projects.Management process:

Accotest responded positively to EU RoHS (Directive 2011/65/EU1 on the restriction of the use of certain hazardous

substances in electrical and electronic equipment) and proactively incorporated the mercury relays into the product

Project planning Project research Quality Project and development Verification production Project conclusionimprovement project. Traditional liquid cooling technology of the mercury relays involves the use of fluorine-

containing chemicals which may bring several environmental and safety risks due to leakage during filling

cooling medium supplementation and normal use. By the end of the Reporting Period product modification had After the validation by the Quality Department small- The R&D department will lead the quality and other related

been completed. Traditional cooling liquid are replaced with environmentally friendly deionised water as a heat scale trail production is performed to ensure that quality departments to submit the pre-verification materials and

requirements are met. after the approval of the decision-making committee it will be exchange medium in the next-generation tester. Adopting deionised water is a challenging design choice but it will formally put into production.not cause pollution to environment when volatilising. Accotest has successfully completed the design for the new

environmentally friendly cooling system which will be used in future products on a mass scale.With a dedication to the test equipment industry for more than 30 years Accotest has laid a solid foundation through Lean management

research and innovation. Accotest constantly explores new technologies actively addresses customer needs and

endlessly iterates products. As a result Accotest has become a reliable testing equipment supplier on a global scale.Focusing on improving the capability of production quality management Accotest implements comprehensive lean management

1 throughout the production lines. Lean management aims to continuously improve the detailed management of production lines R oHS is a compulsory standard enacted by the European Union which stands for Restriction of Hazardous Substances. Coming into effect on 1 July 2006

RoHS primarily regulates the use of substances in electronic and electrical products and sets standards for their processes. Its main objective is to promote through institutional management personnel placement equipment replacement and layout optimisation. This approach not only

the production of electronic equipment that is safer and more environmentally friendly. enhances the quality of test equipment products but also supports the improvement of quality management capabilities.

72 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 73Lean Management of Accotest

Quality assurance measures

Institutional management Personnel placement

Polices concerning production processes have been With efficient talent-matching practices Accotest

established at Accotest. As a result inefficient or ensures that employees' expertise is aligned with Product quality is the foundation of an enterprise's survival and development. Accotest leverages improved quality

valueless processes are eliminated and the quality the requirements of the position thus avoiding management capabilities to drive product updates and iterations. By adopting advanced quality management methods

control measures of each production process are quality issues caused by personnel operation Accotest identifies the key areas for improvement and carries out a series of actions aiming at optimising product

strengthen errors in the process of production. quality. Consequently the scientific management practices have been continually improved.Unannounced inspection and regular check

The Company's Quality Department conducts no less than two flight inspections and periodic verifications of suppliers

Equipment replacement Layout optimisation

per quarter through which potential problems can be identified in time. If any issues are found Accotest will take

Production equipment is tested to update aging Accotest optimises the layout of production lines corrective actions quickly to ensure that products and services consistently meet the highest quality standards.equipment and reduce the risk of product quality improves lines' distribution and continuously

due to aging equipment. strengthens unified control over the production Two-way quality problem list

processes of each production line.In order to ensure the quality of products Accotest implements two-way quality problem list during the production. The

settlement rate has reached 80% and 81% so far.Zero-defect production initiative

Through lean management AccoTEST has been able to effectively reduce the production cycle of its products based on In order to ensure high first-pass yield in production Accotest carries out zero-defect production initiatives and sets

an overall improvement in product quality. phased goals to achieve zero defects. By the end of 2023 the annual pass rate was 95.8%.Achievement: Comparison of production cycle before and after lean production management Commitment to quality

Compared with 2022 through lean management

Accotest has increased the production efficiency by Cut the production cycle by nearly 32 minutes per day on average

6.3% in 2023 Quality is Accotest's top priority. As a domestic leading and internationally renowned test equipment manufacturer

Accotest has always adhered to the pursuit of excellence in quality and constant improvement of quality management

system. Accotest has been improving quality management capabilities in the whole process of production and has used

Improvement in

6.30% IT applications to manage the mass production of products. By adopting the lean management mode Accotest is able productivity Efficiency improved through lean production projects to closely monitor each stage of production processes thus promoting the improvement in both product quality and

management ability.Improvement in

production cycle The reduction in production cycle through lean production projects 0.54 hour(s)/day In the future Accotest will adhere to the sustainable development. Accotest will remain customer-driven and constantly

innovate and improve the existing products and services to meet the growing needs of customers. We promise that we

Improvement in energy

consumption reduction The reduction of energy consumption through lean production projects 6.30% will continue to improve product quality constantly explore new technologies and business models. We will provide customers with the best test equipment systems and solutions and do our best for the prosperous development of the

industry.

74 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 75Climate Change

Accotest actively responds to the national dual-carbon strategy.Company pays great attention to its own energy use

while ensuring quality and promoting product innovation comprehensively improves carbon management capabilities

focuses on strengthening energy management and expects to contribute to global climate change actions by practicing

sustainable development.In 2023 for the first time Accotest conducted a comprehensive inventory of the emissions of its own operations and

calculated the emissions of Scope 1 and Scope 2 with reference to the "Guidelines for Corporate Greenhouse Gas

Emissions Accounting and Reporting". Through this carbon accounting Accotest has a deeper understanding of its own

carbon emissions and has also laid the foundation for further developing scientific and reasonable emission reduction

strategies in the future. In the future daily operations and production the company will continue to monitor its own

carbon emissions and actively take effective measures to promote carbon emission reduction based on the importance

and urgency of carbon management.Emission data(Scope1,Scope2)

1240.32 t CO2e

Environment In the future Accotest will also adhere to the concept of sustainable development actively participate in international Green Operation and cooperation work with all parties to address the challenge of climate change and make positive contributions to global sustainable development.Environmental Inclusion

By integrating green development into the growth strategy Accotest is committed to building an

responsible operation system. Accotest has also been focusing on key environmental issues such as

waste management energy consumption and water management with a view of minimising the impact

of the production on the environment. Through unremitting pursuit of green operation one subsidiary

of Accotest who based in Tianjin successfully established in the Sino-Singapore Tianjin Eco-city.In the

future Accotest will continue to improve our environmental protection capabilities and strives to

be a green pioneer by innovating green operation and management measures thus doing our bit to

environmental protection.

76 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 77Environmental Management System Whole process

Environmental protection

Accotest fully fulfils the main responsibility of environmental is incorporated into every

aspect of daily production and

protection and has established an internal environmental business activities including

management system. In this system the general manager planning inspection review and

is designated as the main responsible person. The evaluation.environmental management personnel are appointed to

be in charge of environmental protection in production

and operations. Additionally safety officers oversee the Full participation

prevention and control of environmental pollution of Accotest Beijing ISO 14001 Accotest Tianjin ISO 14001 Environmental Environmental protection

Certification Certification

hazardous wastes. Presently the Beijing headquarters and management policy awareness campaigns are Full day

Tianjin factory of Accotest have been certified to ISO14001 - implemented to promote

Environmental protection environmental protection

Environmental Management System. remains a constant priority knowledge among employees

Additionally to strengthen environmental risk management regardless of time weather and raise their awareness about

and continuously optimise environmental monitoring or other factors. environmental protection.methods Accotest has formulated an Environmental

Monitoring Plan. Under this plan environmental monitoring

activities are carried out covering monitoring of air quality

wastewater noise and solid waste as well as risk assessment.Furthermore an annual environmental maintenance report

is issued to achieve closed-loop management of monitoring

activities.

78 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 79Water resource management

Accotest considers improving water resource management as pivotal element in achieving green operations. The

company monitors water usage in real time to prevent water resource loss due to leaking pipes. Additionally the

company actively promotes the reuse of water and advances the recycling of water resources. To ensure compliance

with wastewater disposal regulations the company strictly supervises wastewater disposal at all office locations. By

adopting more efficient wastewater treatment methods the company strives to reduce water pollution and promote

green operations and sustainable development.Waste management

To promote green low-carbon and circular development and facilitate the utilisation of waste resources Accotest has

established a comprehensive waste management process which encourages the classification collection and storage

of solid waste. Furthermore a waste recycling centre has been set up to enhance the recycling rate.Hazardous waste management

Waste Management Process of Accotest Accotest follows the principle of "unified collection classified disposal and elimination of hidden dangers"

for hazardous waste management. Besides the company sets "reduction recycling and harmless disposal"

as goals for hazardous waste management. In compliance with the Law of the People's Republic of China

on the Prevention and Control of Environment Pollution Caused by Solid Wastes and other relevant laws

Waste classification 01 and regulations the company has formulated the Environmental Protection Management Policy to prevent Waste is classified into recyclables and hazardous waste. Household garbage is sorted and treated separately. ecological environmental pollution from hazardous waste effectively protecting public health and safety.

02 Waste collectionCentralised collection points are established to ensure prompt waste disposal. Goals of hazardous waste disposal

? Reduction: Reducing the amount of waste produced to lower environmental impact.Waste transportation ? Recycling : Transforming waste into useful resources for recycling.Waste is transported to designated treatment facilities or recycling centres to

prevent secondary pollution during transit. 03 ? H armless disposal: Adopting safe environmentally friendly treatment methods to reduce the harm of waste to the

environment and human health.

04 Waste disposal Third-party organisations are involved in the disposal of waste using appropriate treatment Annual Waste Datamethods based on the characteristics of the waste such as incineration landfill and composting.

Total hazardous waste produced Total non-hazardous waste produced

Hazardous waste supervision 0.52 Ton 21.25 Ton

A hazardous waste supervision mechanism has been set up with the General Manager as the

main person responsible for hazardous waste management. The company's safety officer Total recycled waste Recycling rate for waste

oversees the environmental pollution prevention and control of hazardous waste ensuring0 that 5

the waste disposal process complies with relevant regulations and standards. 1.77 Ton 8%

80 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 81Green Production

Green production lines

Accotest adopts green and advanced production technologies. Supported by meticulous management the company has

achieved efficient and low-load mass production. The company has also created green production lines focused on raw

Green operations at Tianjin Factory

material assembly and debugging technologies thus minimizing the environmental impact of equipment production.Accotest is well aware of that carbon reduction is a long-term and ongoing commitment. Accotest continuously monitors As a benchmark for green production in the semiconductor industry Accotest continuously implements

its own carbon emissions in daily operations and production and actively takes effective measures to reduce carbon initiatives that promote ecological sustainability. In 2017 we established a wholly-owned subsidiary

emission intensity and promote carbon emission reduction work to continuously achieve new results. Huafeng Test & Control Technology (Tianjin) Co. Ltd. serving as the company's global manufacturing base

for the development and green production of integrated circuit testing equipment. This company is the only

Energy conservation and consumption reduction semiconductor equipment manufacturer in the Sino-Singapore Tianjin Eco-City. Currently Accotest operates

By continuously strengthening lean management and optimising production processes Accotest has effectively three green production lines at Tianjin factory: the STS8200 line the STS8300 line and a comprehensive line.shortened the production cycle and successfully reduced energy consumption by approximately 7.4% during

production. Additionally the component damage rate only stands at 0.024%. In the future we remain committed to

improving lean production to achieve more significant energy-saving effects.The Sino-Singapore Tianjin Eco-city prioritises urban greening vegetation protection ecological restoration

and sustainable development rejecting businesses with "high energy consumption high emissions and heavy

pollution". It imposes strict environmental standards on settled enterprises with specific requirements for the

distribution of greenery and the selection of plant species in factory areas. There are 333 ornamental trees and

more than 10000 bushes and ground covers involving more than 50 species. Tianjin factory is actively working

towards building a "green ecological" factory by incorporating sustainable concepts into the design phase

Energy Consumption Data from the outset. Durable and antibacterial ecological paint is used on external walls to reduce air pollution.High-transmittance glass is selected for windows to increase indoor natural lighting thereby minimising energy

Total petrol consumption of private car in official use Total power consumption consumption due to artificial lighting.

14206.57 Litre 2110.12 MWh

82 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 83Appendix GRI Standards Disclosure Items

GRI 201 - 418 Topic disclosures

Governance

205 Anti-corruption

GRI Mapping Table 205-2 Communication and training about anti-corruption policies and

Anti-fraud

procedures

205-3 Confirmed incidents of corruption and actions taken 0 case during the Reporting Period

Statement: Accotest has reported information referenced in this GRI content index for the period from 1 January 206 Anti-competitive behaviour

2023 to 31 December 2023 (some data exceeds this range due to initial disclosure) in accordance with GRI 206-1 Legal actions for anti-competitive behaviour anti-trust and 0 case during the Reporting Period

standards. monopoly practices

302 Energy

GRI Standards Disclosure Items 302-1 Energy consumption within the organisation Appendix

GRI 2 General Disclosures (2021) 302-2 Energy consumption outside of the organisation

The organisation and its reporting practices 302-3 Energy intensity Appendix

2-1 Organisational details About Accotest 302-4 Reduction of energy consumption

2-3 Reporting Period frequency and contact point About the Report 302-5 Reductions in energy requirements of products and services Energy conservation and consumption reduction

Activities and Workers 303 Water and Effluents

Employment/Talent Development/Occupational 303-1 Interactions with water as a shared resource Water resource management

2-7 Employees

health and safety 303-2 Management of water discharge-related impacts Water resource management

2-8 Workers who are not employees Consumer and customer/Supplier management 303-3 Water withdrawal Water resource management

Governance 303-4 Water discharge Water resource management

2-9 Governance structure and composition Organisational Structure 303-5 Water consumption Water resource management

2-12 Role of the highest governance body in overseeing the

Corporate Governance 305 Emissions

management of impacts

305-1 Direct (Scope 1) GHG emissions Appendix

Corporate Governance/Business Ethics/Risk

2-14 Role of the highest governance body in sustainability reporting

Management 305-2 Energy indirect (Scope 2) GHG emissions Appendix

Strategies Policies and Practices 305-4 GHG emissions intensity Appendix

2-22 Statement on sustainable development strategy About the Report 305-5 Reduction of GHG emissions Appendix

2-27 Compliance with laws and regulations Corporate Governance 306 Waste

2-29 Approach to stakeholder engagement About the Report 306-1 Waste generation and significant waste-related impacts Environmental management system

GRI 3 Material Topics (2021) 306-2 Management of significant waste-related impacts Environmental management system

3-1 Process to determine material topics Stakeholders 306-3 Waste generated Environmental management system

3-2 List of material topics Stakeholders 306-4 Waste diverted from disposal Environmental management system

3-3 Management of material topics Stakeholders 306-5 Waste directed to disposal Environmental management system

84 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 85GRI Standards Disclosure Items

Social ESG Indicator Table

401 Employment

401-1 New employee hires and employee turnover Employment

401-2 Benefits provided to full-time employees Employment

401-3 Parental leave Employment Governance

403 Occupational Health and Safety Corporate Governance Unit 2023

403-1 Occupational health and safety management system Occupational health and safety Confirmed negative events

403-2 Hazard identification risk assessment and incident investigation Risk management Substantiated cyber security accident Case 0

403-5 Worker training on occupational health and safety Occupational health and safety Substantiated data leakage accident Case 0

403-6 Promotion of worker health Occupational health and safety

Unfair competition Case 0

403-7 Prevention and mitigation of occupational health and safety impacts directly

Occupational health and safety Substantiated corruption Case 0

linked by business relationships

403-8 Workers covered by an occupational health and safety management system Occupational health and safety

403-9 Work-related injuries 0 case during the Reporting Period Intellectual Property Unit 2023

403-10 Work-related ill health 0 case during the Reporting Period Patents

404 Training and Education Granted patents Case 182

404-1 Average hours of training per year per employee Talent development Patents under examination Case 98

404-2 Programs for upgrading employee skills and transition assistance programs Talent development

405 Diversity and Equal Opportunity

Social

405-1 Diversity of governance bodies and employees Employment

Employee Unit 2023

405-2 Ratio of basic salary and remuneration of women to men Employment

Workforce

406 Non-discrimination

Total Person 608

406-1 Incidents of discrimination and corrective actions taken 0 case during the Reporting Period

Number and proportion of employees by gender

414 Supplier Social Assessment

Male Person 446

414-1 New suppliers that were screened using social criteria Supplier management system

Female Person 162

416 Customer Health and Safety

Male % 73%

416-2 Incidents of non-compliance concerning the health and safety impacts of products

0 case during the Reporting Period

and services Female % 27%

417 Marketing and Labelling The proportion of women in senior Person 33%

management

417-2 Incidents of non-compliance concerning product and service information and

0 case during the Reporting Period

labelling Number and proportion of employees by age group

417-3 Incidents of non-compliance concerning marketing communications 0 case during the Reporting Period Aged below 30 Person 269

418 Customer Privacy Aged 30 to 50 Person 323

418-1 Substantiated complaints concerning breaches of customer privacy and losses of Aged above 50 Person 16

0 case during the Reporting Period

customer data Aged below 30 % 44%

86 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 87Social Employee Training Unit 2023

"Employee (covering formal employees and informally hired staff) Unit 2023 Total hours

Number and proportion of employees by age group Total training hours Hour 6279.12

Total training hours for male employees Hour 5011.68

Aged 30 to 50 % 53%

Total training hours for female employees Hour 1267.44

Aged above 50 % 3% Total training hours for employees of middle and senior

Hour 196.40

Number of employees by education management

Total training hours for employees below middle and senior

Below a bachelor's degree Person 98 Hour 6082.72

management

With a bachelor's degree Person 371 Total training hours for staff of R&D technology department Hour 4938.78

With a master's degree Person 138 Average hours per capita

With a doctoral degree Person 1 Average training hours per capita Hour 10.33

Average training hours per male employee Hour 11.24

Number of employees by type of employment

Average training hours per female employee Hour 7.82

Senior management (B8-B9) Person 7

Average training hours per employee of middle and senior

Hour 7.27

Middle management (B7) Person 20 management

Junior management (B6) Person 45 Average training hours perx employee below middle and senior Hour 10.47

management

Staff Person 536

Average training hours per R&D professional Hour 18.22

Employee diversity Orientation training

Employees of the minority nationality Person 23 Participants Person 140

Foreign employee Person 22 Total number of participants who passed the exam Person 140

Pass rate % 100%

R&D professionals Total

R&D Professionals Person 271

Occupational Health and Safety of Employees Unit 2023

With a master's degree Person 110 Occupational health and safety training

With a doctoral degree Person 1 Training hours on environmental safety (fire drill) Hour 644

R&D female professionals Person 52 Training hours on personal safety (first aid) Hour 65

Employees in basic laboratory Person 62 Investment in occupational health and safety training

Investment in environmental safety (fire drill) training RMB 1500

Number and proportion of the turnover

Substantiated occupational safety incident

Total turnover Person 63

Substantiated incidents of discrimination Case 0

Turnover rate % 10%

Substantiated forced labour Case 0

Turnover of R&D Person 32 Substantiated child labour Case 0

Turnover rate of R&D % 12% Number of work-related injuries (including overseas agents) Person 0

88 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 89SDGs Mapping Table

Customer Service Unit 2023 Image SDGs SDGs Content Mapping Chapter

Product training (1) Accotest actively organizes activities

for employees and encourages them to

Product training sessions Time 22 exercise for health and fun;

Participants Person 792 (2) Accotest is committed to

Customised training sessions Time 72 safeguarding occupational health of

SDG3 Ensure healthy employees by providing holistic pre-

Participants Person 478 Social

Good health lifestyles and promote employment training contingency Employee Care and benefits

On-site training of new equipment Time 18 and well- well-being for people plans and physical examinations;

being at all ages OHS management(3) The factory at the Sino-Singapore

Tianjin Eco-city is equipped with gyms

providing yoga classes and personal

Environment training. Moreover accommodations

Data  Unit 2023 provided for employees meet the

standard of a four-star hotel.GHG emissions

(1) Accotest provides a fair open

Scope I& Scope II Carbon dioxide equivalent 1240.32 mechanism for promotion systematic

Source consumption Ensure inclusive empowerment training and diversified

Social

and equitable incentives for learning and innovation; Career development Total power consumption MWh 2110.12 (Excluding USA) SDG 4

quality education (2) Accotest is highly engaged in Training

Total water consumption Ton 13027.28 (Excluding USA) Quality and promote corporate-university cooperation

education Talent incentives

Total petrol consumption of private cars in lifelong learning providing opportunities for frontier

Litre (L) 14206.57 (Excluding Malaysia and USA)

official use opportunities for all research and educational practices for

Corporate-university

college students. cooperation

Waste management

Total hazardous waste produced Ton 0.52

(1) Accotest resolutely safeguards

Total non-hazardous waste produced Ton 21.25 gender equality and women rights. It

Total recycled waste Ton 1.77 is firmly against sexual harassment

and provides parental leave maternal

Recycling rate for waste % 8% Achieve gender SDG 5 Social

equality and leave and lactation leave for female

Gender

empower women and employees; Employees rights and

equality

girls interests and diversity(2) Accotest allows no forced labour

and child labour. No such incident has

happened since the founding of the

company;

90 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 91Image SDGs SDGs Content Mapping Chapter Image SDGs SDGs Content Mapping Chapter

(1) To maintain environmental

Ensure availability (1) Accotest provides free water for sustainability Accotest implements

SDG 6 Environment

and sustainable employees; environment protection measures and

Clean water

management of water Water resource integrates environment protection

and sanitation (2) Accotest emphasises and promotes into daily operation and production

and sanitation for all managementthe recycling of water resources. as outlined in the environmental

SDG 11 Make cities and human monitoring plan; Environment

Sustainable settlements inclusive

(2) Tianjin Factory has met the strict Green production lines - (1) Solar panels are installed on the cities and safe resilient and

roof of the Accotest's Eco-plant thus communities sustainable admission standards with zero

Case: Green operations

Ensure access to Environment emissions achieved throughout

at Tianjin Factory

SDG 7 providing green electricity to reduce

affordable reliable the entire production line. Huafeng

Affordable and reliance on traditional energy; Green production lines - apartment in the Sino-Singapore Tianjin

sustainable and

clean energy Case: Green operations at (2) The exterior wall applies durable Eco-City is designed in line with the modern energy for all Tianjin Factory four-star hotel standard with forest

anti-bacterial eco-painting to reduce air coverage rate of 20%.pollution.

(1) Accotest sticks to the whole-process

Promote sustained (1) Accotest focuses on employees management of the supply chain. Governance Through strategic categorization of

inclusive and ethnics and attaches great importance SDG 12 suppliers Accotest strengthens the SocialSDG 8

sustainable to anti-fraud and anti-corruption. Business Ethics Responsible Ensure sustainable

Decent work sustainable cooperation with suppliers; Supplier strategy

economic growth Adopting transparency honesty and Sound internal control and consumption consumption and and economic and production patterns (2) Accotest streamlines the productsfull and productive integrity as principles of management

growth compliance production management of production. The

employment and the company ensures decent job and Lean managementcompany efficiently shrinks the time

decent work for all sustainable wage growth of employees. Anti-fraud of production cycle and increases

sustainability while ensuring quality.Protect restore and

(1) By conducting innovative research promote sustainable

Build resilient and development Accotest has use of terrestrial (1) To maintain the sustainability and Environment

SDG 9 infrastructure eliminated the environmentally risky Products SDG 15

ecosystems sustainably

manage forests combat diversity of the terrestrial vegetation Green production lines -

Industry promote inclusive mercury relays from the cooling Life on land

Road to innovation: desertification and

Tianjin Factory put forward a Case: Green operations

innovation and and sustainable process. By the end of the Reporting halt and reverse land sustainable plantation plan; at Tianjin Factory

infrastructure industrialisation and Period the company had successfully achievements degradation and halt

foster innovation upgraded the cooling system to an biodiversity loss

environmental-friendly one. (1) A management framework that

Promote peaceful and clarifies power and responsibility

inclusive societies has been established. Therefore Governance

for sustainable

SDG 16 a peaceful and inclusive business

development provide Organisational

Peace justice atmosphere is fostered;

access to justice for structure

and strong

all and build effective (2) A solid mechanism for whistle-

institutions Anti-fraud

accountable and blower protection and major risk

inclusive institutions warning has been set up to underpin Risk management

at all levels legal rights and maintain peace and

justice.

92 Beijing Huafeng Test & Control Technology Co. Ltd. Beijing Huafeng Test & Control Technology Co. Ltd. 93

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