Jiangsu Zhongtian Technology Co. Ltd.Environmental Social and Governance
ESG Report 2024
Connecting Wonderful Life with Optic-Electric Network
Add: No.88 Qixin Road NETDA Nantong Jiangsu P.R. China 226009
Tel: +86 513 8010 0986
Email: sales@zttgroup.com
Website: http://www.zttgroup.comC O N T E N T
01 From Commitment To Action: 04 Putting people first:Chairman's Speech Sustainable Governance social responsibility and inclusive06 Appendices 08
4.1 ESG Governance Blueprint 15 6.1 Employee Well-being 39 8.1 Assurance Statement 71
02 4.2 Sustainable Economic 16 6.2 Sustainable Supply Chains
52 8.2 Reporting Statement 75
2024 Science and technology Performance 6.3 Co-creating Social Value 55 8.3 Index Table 77for a sustainable future 4.3 Connecting with Stakeholders 17 8.3.1 United Nations Sustainable Development 77
6 . 4 Product Quality and 56
3 4.4 Material Issue Insights 18 Customer Value Goals (SDGs)
8.3.2 Content Index of GRI Sustainability Reporting 78
Standards (GRI Standards)
8.3.3 Content Index of SASB Standards (SASB) 85
8 . 3 . 4 Content Index of Guidelines No. 14 of 86
Shanghai Stock Exchange for Self-Regulation
Science and technology Green leap: environment Long-term Trust:Honest of Listed Companies—Sustainability Report (Trial)
for sustainability 03 and climate action 05 Governance and Business Ethics07
8.4 Reader Feedback 87
3.1 Company Background 7 5.1 Zero-carbon Future 23 7.1 Sound Governance 63
3.2 Corporate Culture 10 5.2 Green Smart Manufacturing 26 7.2 Integrity in business 67
3.3 Company Honors in 2024 11 5.3 Total Product Life Cycle 33 7 . 3 Data Security and 69
Management Privacy Protection
3.4 Sustainable Development 12
RecognitionJiangsu Zhongtian Technology Co. Ltd.Environmental Social and Corporate Governance (ESG) Report 2024
1. Chairman's Speech
The year of 2024 is full of challenges. All the staff of ZTT are confident and active and have taken a solid step forward in developing
new quality productivity. We would like to express our special thanks to our global customers partners and the community for their
continuous trust and support.At a time when the global economy and environment are undergoing profound changes the role of enterprises has gone far beyond
the creation of economic value. As an enterprise with a deep sense of responsibility ZTT has always embedded the concept of
Environmental Social and Governance (ESG) in our corporate strategy and daily operations and we are not only an economic entity
but also a builder and promoter of social progress.Guard the ecological environment with green manufacturing
We actively promote the concept of green development commit to energy saving and emission reduction and contribute to the fight
against global climate change. 2024 we continue to promote the Green Low Carbon Manufacturing (GLCM) action plan and join the
Science-Based Carbon Targeting Initiative (SBTi); we have added 5 new national green factories bringing the total to 13. We strive to
minimize our environmental impact by adopting advanced environmental technologies and renewable energy sources while
encouraging our employees and partners to participate in environmental initiatives.Empowering shared growth with social responsibility
We have always been people-oriented emphasizing employee well-being providing good employment opportunities for people
with disabilities protecting the rights and interests of female employees effectively encouraging innovation and professional
growth and promoting diversified and inclusive development. At the same time we actively participate in community building
support social welfare and take on more social responsibilities through various charitable activities and volunteer services.Serving Global Customers with Excellence in Governance
Adhering to the core concepts of operating in good faith abiding by business ethics and complying with laws and regulations has always
been upheld by ZTT. We adhere to the principle of transparency compliance and efficiency continue to optimize our corporate governance
Jiangsu Zhongtian Technology Co. Ltd. structure strengthen risk management win the trust of shareholders and investors by establishing a sound internal control system and decision-making mechanism and work for the well-being of society customers and employees to create value.Chairman
We will continue to deepen our ESG practices and ensure that the concept of sustainable development permeates every aspect of
Xue Jiping our corporate development serving the global construction of new energy and digitalization with photovoltaic champion products and creating a better life for mankind. We look forward to working hand in hand with all parties to promote social progress guard a
better home and build a greener more harmonious future.
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Environmental Social and Corporate Governance (ESG) Report 2024
2 2024 Science and technology . While advancing business expansion and technological innovation ZTT consistently integrates ESG principles for a sustainable future throughout all aspects of its corporate operations actively fulfills its social responsibilities and promotes
sustainable development. The following is a detailed overview of this year's ESG performance.In 2024 Jiangsu Zhongtian Technology Co. Ltd (ZTT) continued our march toward sustainable development. We will continue to Environmental
target our dual carbon strategic goal using science and technology innovation as our engine and green and low-carbon develop-
ment as our path. certification rate of ISO 14001 environmental The compliance rate of‘ three wastes’ management system certification for all officially discharge and hazardous waste
operational manufacturing companies of ZTT streams disposal has reached
As a pioneer of green transformation in the industry the company took the lead in releasing the "Green and Low Carbon Manufac- 100%
turing Action Plan (GLCM)" in 2022. We established the 'Four Ten Thousand Indicators' with medium - and long - term goals and 100%
we systematically planned the construction of green factories and low-carbon products. In 2024 ZTT actively promoted the Added more than5
Reduction of carbon national green factories
low-carbon transformation using more than 190000000 kWh of renewable electricity and reducing carbon dioxide emissions by 10000kWh of dioxide emissions
about 130000 tons. This was achieved through self-built photovoltaic generation as well as participation in green power and Ove1r 9000 renewable by about 1310000tons bringing the total to13
electricity used
green certificate trading.Social
In terms of digitalization drive The Company's independent "Energy and Carbon Cloud Platform" comprehensively empowers
the upgrade of green management system. Based on the concept of "lightweight standardized and sustainable" the platform Employment of more than The employee collective contract Comford has assisted disabled
signing rate has reached and poor employees’ families
creates data connections between the company its subsidiaries and third - party verification agencies integrates energy monitor-
ing carbon footprint accounting carbon report certification and other functions enables enterprises accurately identify energy 70disabled workers 100% 278 times
efficiency bottlenecks and drives green carbon reduction from perception to closed-loop management. The participation rate in at a total cost of about
employee performance
appraisals has reached rectification of safety hazards The company has organized 1.25million USD
The source of scientific and technological innovation lies in talents and the vitality lies in the system; in 2011 ZTT pioneered the
emergency drills
establishment of the "Intellectual Property Bank" platform forming a knowledge incentive system covering eight dimensions 100% 100% 415and exercises
such as "scientific and technological projects the three proposals and the construction of standards" etc. By 2024 the platform
has attracted the participation of more than 11000 people and deposited hundreds of thousands of intellectual assets. And the Governance
culture of innovation is integrated into every employee's daily work becoming an irreplaceable soft power base for The Compa-
ny's sustainable development. of the directors are female Convening of
11.11% 10board meetings 8 regular internal audit
In the strategic layout of globalization ZTT has actively benchmarked aligned itself with international high - standard rules and
taken the lead in joining the Science-Based Carbon Target Initiative (SBTi) to set up emission reduction paths in a scientific way Penetration testing and vulnerability Information system level
Organization ofwhich demonstrates the company's strong commitment to fulfilling the 'Climate Commitment'”. At the same time The company scanning covering protection (level 3) assessment of 15
has completed the carbon footprint certification of a number of exported products building up its green capacity for the EU 99systems 87.08 training sessions on points information security
Carbon Border Adjustment Mechanism (CBAM) requirements and continuously enhancing its confidence and backing in
expanding overseas markets. Supply Chains
Looking into the future ZTT will unswervingly take the road of green low-carbon and sustainable development and push
coverage of supplier ESG signing rate of the commitment Number of suppliers signing Over
forward the grand blueprint of reaching the carbon peak by 2030 and realizing carbon neutrality by 2055. We firmly believe that dimension assessment not to use conflict minerals up to the Green Low Carbon 700
under the "double-wheel drive" of science and technology and green ZTT is not only a leader in green manufacturing but also a Initiative exceeds
creator of sustainable future. 100% 100% 800 vendors participated in anti-corruption training
* The mid- and long-term goals of the 14th Five-Year Plan proposed by ZTT are: compared with the baseline data in 2020 the proportion of green energy consump-
tion will reach about 80% in 2025 and the comprehensive energy consumption of 1404.2 USD of output value will be reduced by Reduce carbon dioxide emissions
by about 30% and 35% for 1404.2 USD of output value. Create 10 "carbon neutral" demonstration factories and 5 zero-carbon demonstration factories.
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Environmental Social and Corporate Governance (ESG) Report 2024
03 Science and technologyfor sustainability
3.1 Company Background
3.2 Corporate Culture
3.3 Company Honors in 2024
3.4 Sustainable Development Recognition
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Environmental Social and Corporate Governance (ESG) Report 2024
3 . Science and technology for sustainability
3.1 Company Background
Company Profile
ZTT started from fiber optic communication in 1992 entered into smart grid in 2002 began layout in new energy in 2011 and exported its products to 160 countries and regions by 2020 realizing full
coverage of the "Belt and Road" business. Embracing the emerging clean and low-carbon economic order ZTT is striving to become a key player on the long track toward China’s carbon peaking
and neutrality goals committed to being a responsible green manufacturing technology enterprise that contributes to regional economic development.It has now established a well - rooted special-
ized model in communication electric power ocean new energy digital economy etc. It ranks among China's Top 500 companies a national key high-tech enterprise and a winner of the National
Quality Award and the China Industry Award.·Expanded into new energy advancing towards green development
·Pioneered “Spiritual Home Engineer” work model and “Intellectual Property Bank” in China
·Participated in the 28th United Nations Climate Change Conference (COP28)
·Received EcoVadis certification for the first time
·ZTT Brand Day made its debut at the UN Headquarters ·Built zero-carbon factory and obtained TüV SüD certification
·Launched the selection of Top Ten “ZTT Strivers” ·Included in the Hang Seng Sustainable Enterprises Index Series
·Listed on the Shanghai Stock Exchange
·Entered the smart grid sector
·Won the 6th “China Industrial Award”
·Released the “2025 Digitalization Plan”
19922002200420112012201820192020202220232024
First in the industry to release a CSR report
ZTT began its journey with optical Won the National Quality Award
fiber communications and Second Prize of the National
Technological Invention Award
·Industry’s first to launch “Green & Low Carbon Manufacturing (GLCM) Action Plan”
·ZTT Brand Day hosted a carbon tax countdown ceremony
·First overseas production base established in India·Held Green Supply Chain Launch Conference and released the “Green Low Carbon·Awarded “Gold Listed Company”Supply Chain Initiative”
·Established the ZTT Charity Foundation
·Initiated the “ZTT Zhang Sai Cup” Entrepreneur Selection
·Established the “Employee Health Management Committee”
·Won First Prize of National Science and Technology
·Received its first CDP rating (Grade B)
Progress Award
·Joined the Science Based Targets initiative (SBTi)
·First independent assurance of the ESG Report
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Environmental Social and Corporate Governance (ESG) Report 2024
Core business Industry Position
1. Energy network business In the field of communications as a leading global ICT infrastructure and service provider ZTT values establishing long-term and stable coopera-
Guided by China’s national targets of peaking carbon emissions by 2030 and achieving carbon neutrality by 2060 ZTT is proactively optimizing its tive relationships with operators and is committed to promoting the intelligent connection of all things. The company has been listed in Brand Finance's
industrial structure and layout. The Company continues to expand its portfolio of solar wind energy storage and hydrogen products to meet diverse list of the world's top 10 most valuable and competitive telecom infrastructure brands for seven consecutive years and has been ranked among the
customer needs.. Adhering to the strategic direction of "systematization of core products and internationalization of engineering services" The marine world's Top 10 suppliers in the fiber optic cable business serving more than 100 telecom carriers around the world.industry's business encompasses the installation of wind power foundations the main body of wind turbines the supply of ultra-high-voltage AC and DC
cables and special cables as well as offshore wind farms as well as the whole - life - cycle operation and maintenance services for offshore wind farms; In the field of energy the electric power section takes serving the power grid as its own mission forming a complete industrial chain of power
the new energy industry is firmly grasping the windsock of the national and local policies and taking resources as a handhold consolidating the high transmission and distribution and its products are widely used in the key projects of large-scale enterprises such as the State Grid and the Southern
quality of the industry through the construction of green energy. Through the green energy construction to consolidate the foundation of high-quality Power Grid. During the reporting period the company's market share in high - and ultra - high - voltage areas steadily grew. New energy cables high -
development of the industry to provide customized "new energy+ " solutions to achieve integrated development in photovoltaics energy storage voltage cables and special conductors achieved international certification breakthroughs. Transformers and electrical products are also expanding
hydrogen energy and their combination; electric power industry around the " integration of transmission and distribution of continuous innovation" overseas.development strategy has formed a transmission and distribution of integrated complete industry chain and actively serves the construction of China's
new power system. The power industry is centred on the development strategy of "continuous innovation of transmission and distribution integration" The marine section is the earliest to start the R&D and manufacturing of submarine fiber optic cables in China and has started the development journey
and has now formed a complete industry chain of transmission and distribution actively serving the construction of China's new electric power system of China's submarine cable manufacturing from scratch from existence to excellence and from excellence to specialization and created more than 40
and the development of overseas energy and grid industries. By continuously reinforcing its leading position in the energy network sector the company domestic and industry firsts and 2 world firsts and has provided systematic solutions for the deep-sea wind power marine oil and gas offshore
aims to transform from a“ product supplier” to a“ system integration service provider”. photovoltaic deep-sea exploration and island interconnection. With the support of micro-grid technology and the highlights of large-scale energy
2. Communications network operations storage system the new energy segment provides customers with comprehensive green energy solutions. During the reporting period Zhongtian
Energy Storage Technology Co. Ltd. successfully delivered CNNC Jiayuguan GWh-class energy storage power plant project which boosted the influence
In line with the development requirements of computing and green low-carbon communication the company focuses on core technology R&D and popularity of the industry.and innovation and continues to develop five core technical capabilities to support global 5G and 5G-A networks Smart Computing Centers
computing networks 'signal upgrading' and other related infrastructures. We have built green computing power service system solution around ZTT has contributed to 141 international national industrial group and other external standards that it has led and participated in and 98 important
liquid cooling high-speed optical modules high-efficiency energy modules and green energy saving technologies; green base station conver- international and domestic standards such as IEC 60966-4:2024 and IEC 60966-4 and T/CSEE 0240-2021 "Wedge Shaped Tension Resistant Clamps" led
gence technology capabilities based on green antenna integrated energy cabinet technology and DC stacked light technology; broad room by ZTT has been selected as one of "Typical Cases of Group Standards Application and Promotion" by the Ministry of Industry and Information Technolo-
division capabilities leveraging high-speed rail 5G leakage cable frequency spreading technology high-speed copper cable technology for comput- gy. "Typical Cases of Group Standard Application and Promotion List" by the Ministry of Industry and Information Technology. Zhongtian Electric Power
ing - power network room division frequency-shifting MIMO and special - scenario antenna technology; and special prefabricated technology Cable Co. Ltd.'s "A Preparation Method of Cladding Alloy Wire" was awarded the China Patent Award for Excellence.based on special prefabricated technology to build green solution capabilities; Based on special prefabricated rods optical fibers optical cables
and digitally intelligent pre-connected ODN technology the company aims to enhance the capability of global optical network intelligence.Additionally and focusing on quartz tubing cable materials and high-purity silicon tetrachloride the company is also building up the capability of
advanced basic materials technology and continues to create greater value for customers employees and society. Filed over Obtained authorization for over Led or participated in over
ZTT Global Strategic Layout 500 domestic and PCTpatent applications 230 invention patents 140external standards
ZTT prioritizes an outward - oriented growth approach and builds a sales and service system that reaching all over the world. By efficiently integrating
and flexibly deploying various resources The company is able to rapidly respond to customers' needs and realize the closed loop of "localized service+
rapid response". At present ZTT has set up 14 overseas marketing centers and more than 40 overseas offices and operates 5 overseas factories in India
Brazil Indonesia Morocco and Turkey. As its global strategy deepens the company has entered the 2.0 era of overseas investment layout accelerating
globalization and boosting global competitiveness. 3.2 Corporate Culture
Focus on quality
Connecting Wonderful Life with Creating Value for Customers customer satisfaction
Optic-Electric Network Employees and the Society
ZTT 's Global Industrial continuous improvement
Deployment
Mission Vision Values
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Environmental Social and Corporate Governance (ESG) Report 2024
3.3 Company Honors in 2024 3.4 Sustainable Development Recognition
Over nine consecutive years we have Awarded "Top 10 Most Comprehensive- For eleven consecutive years The
been awarded the "Top 10 Most ly Competitive Enterprises in China's company has been awarded "Top 10
Competitive Enterprises in Global Optical Communication" over nine Most Competitive Enterprises in
Optical Fiber and Cable Industry" consecutive years China's Wire and Cable Industry"
Asia-Pacific Optical Communications Asia-Pacific Optical Communications China Wire and Cable Network Cable
Committee Network Telecommunica- Committee Network Telecommunica- Information Research Institute
tions Information Institute tions Information Institute Selected for Hang Seng Corporate Recognized as Bloomberg Tier 1
Sustainability Index Series 2024-2025 Global Energy Storage Manufacturer
Won the "China Optical Communica- Top 10 Telecom Infrastructure Brands China Enterprise Credit 500
tion Best Technical Innovation Award"
over two consecutive years For seven consecutive years we have China Society for Enterprise Reform and
been ranked among the world’s top 10 Development China Association of
communication infrastructure service Cooperative Trade Enterprises
Asia-Pacific Optical Communications providers by Brand Finance a leading
Committee Network Telecommunica- UK-based brand valuation consultancy
tions Information Institute
CDP Climate Change Questionnaire - Level B Ecovadis Corporate Social Responsibility Assessment - Bronze Medal
Private Enterprise Development in First-class prize of the National National Manufacturing Single
the Yangtze River Delta Region A Science and Technology Progress Champion (Lithium)
typical example of green and Award (Battery energy storage systems)
low-carbon development of new
quality productivity State Council of Ministry of Industry and Information
the People's Republic of China Technology of
Yangtze River Delta Entrepreneurs the People's Republic of China
Alliance
ZTT Aluminum Wire SBTi Carbon ZTT Submarine Cable SBTi Carbon
Reduction Commitment Reduction Commitment
Over six consecutive years has been China Mobile Partners Gold Award for ESG Golden Bull Award "Top 20
awarded the "Excellent Supplier of Contribution to Rural Revitalization Carbon Neutral Companies"
China Mobile's Tier-1 Collective
Purchasing (Grade A)" China Mobile Supply Chain Manage- China Securities Journal
ment Center
China Mobile Supply Chain Manage-
ment Center
Winner of the Ernst & Young
Sustainability Best of the Year Award FSC Chain of Custody Certification ZTT Indonesia CSR Award
for Outstanding Cases
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Environmental Social and Corporate Governance (ESG) Report 2024
04 From Commitment To Action:Sustainable Governance
4.1 ESG Governance Blueprint
4.2 Sustainable Economic Performance
4.3 Connecting with Stakeholders
4.4 Material Issue Insights
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Environmental Social and Corporate Governance (ESG) Report 2024
4 From Commitment To Action:. Sustainable Governance
With sustainable development as its strategic orientation ZTT deepens the construction of its ESG management system continuously
improves the level of its corporate governance and realizes the organic unity of economic growth and social as well as environmental 4.2 Sustainable Economic Performance
responsibility. The company has constructed an all-round multi-level ESG management system to ensure that the concept of sustainable
ZTT always insists on the synergistic promotion of economic growth and sustainable development and is committed to building an
development runs through all aspects of corporate operations. Through a sound governance structure efficient issue management and
extensive stakeholder interaction The company continuously improves its ESG governance level laying a solid foundation for long-term efficient green and sustainable business model. The company actively fulfills its social responsibilities while operating steadily drives
stable development and improvement of its ESG governance. industrial upgrading with innovation and contributes to the harmonious coexistence of the economy and the environment by optimizing
resource allocation and promoting low-carbon transformation.
4.1 ESG Governance Blueprint
ZTT upholds the concept of sustainable development and integrates environmental social and governance (ESG) topics into corporate The company continues to increase its investment in science and technology research and development environmental protection
strategy and operations. The Company continuously optimizes its ESG governance system by establishing the Strategy and ESG Commit- employee welfare and social welfare to promote the sustainable development of the industry chain. from 2022 to 2024 the company
tee aiming to strengthen the board of directors' ability to oversee and make sustainability-related decisions while ensuring that ESG maintained a steady improvement in revenue growth operating cost control investments in R&D environmental protection as well as
issues are effectively implemented by The Company's management and business segments. public welfare donations. By strengthening risk management optimizing the supply chain cooperation model and actively participating in
social welfare the company will continue to enhance its corporate resilience and create long-term value for its stakeholders.Decision-making Level
It composed by the company's board of directors. The board is responsible for
ESG strategy development oversight and consideration of major sustainability
matters. The board of directors ensure that ESG issues are integrated into the Board of Directors Sustainable Economic Performance
company's long-term development plan receives regular reports from manage-
ment and provide strategic guidance to ensure that ESG policies are in line with
the company's development needs and external regulatory requirements. Indicators Unit 2022 2023 2024
Organizational Level Incomes RMB 10000 4027072.68 4506523.68 4805468.83
Led by the Strategy and ESG Committee it is responsible for coordinating ESG-re-
lated matters and ensuring the effective implementation of sustainable develop-
Strategic Operating cost RMB 10000 3628318.75 4175738.20 4527265.39
ment goals. The committee formulates annual ESG action plans coordinates the and
collection of ESG performance data organizes internal trainings and maintains ESG Committee
Employee
communication with investors and stakeholders to enhance the transparency of Wages and Benefits RMB 10000 220873.48 264688.13 286238.07
ESG information.Payments to
Capital Providers RMB 10000 65105.42 68178.10 111553.93
Implementation Level
It consists of all functional departments and business segments of The Compa- Environmental
Various functional Protection Expenses RMB 10000 4，723.33 9438.07 7，633.95
ny responsible for the management of specific ESG issues and promoting social and
responsibility related work. The main responsibilities of the implementation business departments
level include executing top-level decisions promoting green production as well R&D Expenses RMB 10000 163966.52 189752.92 194353.16
as energy-saving and emission reduction projects optimizing ESG manage- Implemented Advanced green production
decisions from and energy-saving emission
ment of the supply chain and establishing a sound data collection and higher-level authorities reduction projects
performance evaluation mechanism. Each department undertakes different Public Welfare
Established and refined RMB 10000 531.92 1251.99 1，140.84
ESG tasks according to its own functional scope and submits work progress Optimized supply chain data collection DonationsESG management andperformance evaluation
reports to the organization level on a regular basis to ensure the effective mechanisms
implementation of ESG measures.
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Environmental Social and Corporate Governance (ESG) Report 2024
4.3 Connecting with Stakeholders
Surrounding Community Ecological Impacts Community meetings
(including residents) Community Relations Collaborative projects
Stakeholder identification and engagement are critical to ZTT 's ESG management. By communicating and collaborating with stakehold- Voluntary activities
ers the company can keep abreast of their concerns and demands provide key inputs for corporate decision-making while continuously
enhancing sustainability performance. Technological Innovation Industry-University-Research
Research Institutions collaboration
During the reporting period ZTT established a systematic stakeholder identification and communication mechanism based on the Global Product Design and Lifecycle Joint study
Reporting Initiative (GRI) Standards. Through stakeholder analysis the company comprehensively considered their influence on its Management Industry forums
operations as well as their concerns on sustainability issues to ensure that stakeholder demands are effectively incorporated into the ESG
management system. Industry Associations Product Quality and Safety Industry summits
and Peer Companies Technological Innovation Alliance cooperation
ZTT's major stakeholders include shareholders and investors customers employees suppliers government and regulatory agencies Business Ethics Meetings
public society neighboring communities (including residents) research institutions industry associations and peer companies. The
company maintains close interaction with its stakeholders through various channels including emails phone calls questionnaires
webinars and industry conferences so as to identify stakeholders' concerns regarding the company's sustainable development and to ZTT Group Stakeholders’ Issues of Concern and Communication Mechanisms
provide a scientific basis for forming sustainable development strategies.On the basis of the existing stakeholder communication mechanism ZTT will continue to expand the channels of dialog and
Connecting with Stakeholders improve the quality of communication to ensure that the company's ESG management meets the demands of different parties
and helps the company to move forward on the path of sustainable development.Stakeholders Issues of Concern Communication and Feedback Mechanisms 4.4 Material Issue Insights
Corporate Governance General shareholders' meeting
Shareholders and investors Investor hotlineInternal Control Regular reports ZTT carried out the identification and assessment of sustainability issues based on the dual dimensions of financial materiality
and impact materiality in accordance with the requirements of the "Guidelines No. 14 of Shanghai Stock Exchange for Self-Reg-
Product Quality and Safety Customer satisfaction survey ulation of Listed Companies—Sustainability Report (Trial)". Taking into account the characteristics of the industry the business
Customers Data Security and Privacy Protection Customer visit model the policy environment and the stakeholder demands the company analyzed the issues that may have a significant
Service Quality Management Industry exhibitions impact on the its business model financial condition business operations and market competitiveness in the short medium
and long term and evaluated the potential impacts of the company's performance on these issues on the economy society and
Employee Development and Training Internal communication meetings the environment.Employees Employee Rights and Benefits Employee surveyOccupational Health and Safety Training programs 1. Methodology for Issue Identification and Analysis
Diversity Equality and Inclusion
The company uses the following methodology for materiality analysis
Conflict Mineral Sourcing Supplier audits
Suppliers Supply Chain Management Collaborative meetings Policy and Regulation Analysis Industry Benchmarking Stakeholder Engagement Internal Risk Assessment
Business Ethics Contract terms
internal Control Policy dialogue
Government and Regulators Environmental Compliance Management Regulation training Focus on national and Make reference to issue Communicate with Identify ESG-related
Ecological Impacts Compliance reports industry policy direc- management practices stakeholders such as risks and opportunities
tions and assess the of leading peers within investors customers based on the compa-
Community Relations Corporate website impact of the regulato- the same industry to suppliers employees ny's risk management
Public Society Charity and Public Welfare Sustainability reports ry environment on the ensure that issue etc. to collect feedback system.Business Ethics Public events company's business. identification is on material issues.industry aligned.
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Environmental Social and Corporate Governance (ESG) Report 2024
2. Materiality Matrix 3. Material Issue Updates
Based on the above analysis the company identified and assessed the issues that have a significant impact on business opera-
tions and sustainability management and ranked them in order of financial significance and impact significance to form a During the reporting year ZTT Group reassessed and updated the list of material issues based on the latest industry trends
materiality matrix. regulatory guidance and stakeholder concerns. Compared with last year the updated material issues present the following
characteristics:
ZTT Group's Materiality Matrix
First the issues with high materiality are more focused on governance capabilities technological innovation customer respon-
1 sibility and corporate culture resulting in the issues of“ Corporate Governance”“ Technological Innovation”“ Product Quality
5and Safety”“ Service Quality Management" "Data Security and Privacy Protection" "Business Ethics" "Internal Control" and
7
1720
2 6 3 "Diversity Equality and Inclusion". The issue of "Diversity Equality and Inclusion" has significantly increased in materiality
84
10 reflecting the company's strategic focus on risk prevention and control compliance and sustainable value creation.
119
15 Second some issues such as“ Energy Management”“ Occupational Health and Safety” and“ Employee Development and
13 12 18 Training” were adjusted to medium materiality during the reporting year. This is due to the gradual improvement of its manage-
19
14 ment system leading to relatively controllable level of risks.
16
In addition the company has also added issues such as“ Product Design and Life Cycle Management”“ Ecological Impacts” and
21
22 “Conflict Mineral Sourcing” reflecting the further refinement and extension of the company's management dimensions in the
field of environmental and social responsibility. This reflects that the company has further refined and extended its manage-
ment dimensions in the field of environmental and social responsibility.Not material material Going forward the company will regularly assess changes in material issues and dynamically adjust its management strategy to
Impact on Finance ensure the effectiveness and forward-looking nature of the ESG management system.High materiality Medium materiality Low materiality
1 Corporate Governance 9 Energy Management 14 Ecological Impacts
5 Technological Innovation 11 Environmental Compliance Management 16 Conflict Mineral Sourcing
7 Product Quality and Safety 15 Supply Chain Management 21 Community Relations
20 Diversity Equality and Inclusion 18 Employee Development and Training 22 Charity and Public Welfare
6 Service Quality Management 12 Waste Management
3 Internal Control 13 Water Resources Management
2 Business Ethics 19 Occupational Health and Safety
4 Data Security and Privacy Protection
8 Product Design and Lifecycle Management
10 Tackling Climate Change
17 Employee Rights and Benefits
1920
Material Not materialjiangsu Zhongtian Technology Group Co. Ltd.Environmental Social and Corporate Governance (ESG) Report 2024
05 Green leap: environment and climate action
5.1 Zero-carbon Future
5.2 Green Smart Manufacturing
5.3 Total Product Life Cycle Management
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Environmental Social and Corporate Governance (ESG) Report 2024
5 Green leap: Climate Strategy. environment and climate action The Company released the "Green and Low Carbon Manufacturing" action plan taking the "Four Ten Thousand Indicators " as the core framework for medium- and long-term carbon performance improvement combining with the "Ten Energy-Saving Technology"
5.1 Zero-carbon Future initiatives and clarifying the low-carbon development path mainly focusing on process upgrading energy structure optimization and value chain synergistic carbon reduction. Combined with the "Ten Energy-Saving Technologies" The Company has defined a low-carbon
In order to actively respond to the challenges of global climate change ZTT has always regarded low-carbon transformation as one of the development path based on process upgrading energy structure optimization and value chain synergy to reduce carbon emissions.core strategies for sustainable development and has fully implemented China's national goals for carbon peaking and carbon neutrality.Adhering to the governance-led strategy-oriented risk management-guaranteed and indicator-targeted approach The company has In order to comprehensively identify risks and opportunities arising from climate change The Company has conducted a systematic
been benchmarking against the requirements of IFRS S2 "Climate-Related Disclosure" systematically identifying climate-related risks and analysis from both operational and value chain perspectives based on the Risk and Opportunity Management Procedures and the records
opportunities and continuously improving our climate adaptation capability and resilience. At the same time The company has been of each specific identification. The types of risks include physical risks policy compliance market preferences technological updates and
promoting the optimization of energy structure upgrading of manufacturing processes and carbon reduction in the value chain through reputational impacts etc. and the scope of analysis covers both short-term and long-term time scales.a comprehensive energy and carbon management system the "Green and Low-Carbon Manufacturing" action plan the "Four Ten
Thousand Indicators " performance system and digital tools so as to build a future-oriented green competitiveness. The Company has formed a climate response strategy covering all scenarios: at the operational level focusing on energy metering accura-
cy equipment energy efficiency improvement and carbon inventory system construction; at the value chain level responding to the
Climate Governance transformation pressure from suppliers customers and international policies through green procurement green certification and custom-
The Company's management attaches great importance to the issue of climate change and has incorporated it into the core of our er carbon disclosure synergy. At the same time The Company actively responds to international trends participates in CBAM compliance
corporate governance. To this end The Company has established a comprehensive energy and carbon management structure including pilots and promotes SBTi pathway planning in order to enhance its overall climate governance capability and green competitiveness in
a "three-tier task force" organizational structure and a "three-tier technology" research structure. At the group level a task force is set up to overseas markets.coordinate climate affairs with the chief engineer as the highest person in charge of climate governance. At the industrial group level a
working group is set up to coordinate and promote the project and at the factory level a task force is set up to implement various low-car-
bon initiatives. At the same time The Company has set up "eight dual-carbon research working groups" and "ten energy-saving technolo- Table of Analysis of Climate Change Risks and Opportunities
gy research groups" to promote carbon inventory emission reduction and neutralization through the "7-Green" measures. Through the at the Operational Level for ZTT
"7-Green" measures The Company will promote carbon inventory emission reduction and neutralization to ensure the completion of the
"Four Ten Thousand Yuan Indicators" . Typology Time Risks/dimensionopportunities Situation-specific descriptions Response strategy
Group Special Task Forces
Physical Extreme heat flooding and other
Optimizing equipment layout develop-
long term exposures events can lead to production ing contingency plans for extreme
risk disruptions and equipment damage weather instaling of temperature control and disaster recovery systems
Industrial Group Special Task Force
Transfor- Administrative carbon Peak and valley power consump-
mational short-term exposures constraints such as electricity tion arrangements policy early
opportuni- restrictions interfere with warning mechanism enhancing
ties (policy) emissions and delivery communication with customers
Power Industry Group Communication Industry Group Marine Industry Group New Energy Industry Group Transition Existing equipment and process Promoting energy-saving technologi-
risk short-term exposures technology is backward high energy cal transformation introducing
(technical) consumption per unit of product high-efficiency equipment and
ZTT Energy/Carbon Governance Architecture difficult to meet customer requirements strengthening green process design
Transforma- Energy-efficient equipment digital Promoting intelligent operation and
Carbon Verification Business Carbon Reduction Business
tional
Pathways Pathways Carbon Neutrality short-term
favorable
opportunities circumstance systems enhance operational maintenancing systems and
(technology) efficiency and carbon management building data-driven green factories
Eight Dual-Carbon Research Ten Energy-Saving
Working Groups Technology Research Groups Transition Lack of systematic carbon inventory Establishing carbon footprint
risk short-term exposures and carbon management system management process regular
(reputational) which affects the customer's recogni- inventory and information disclosure tion of the enterprise's green capability to enhance customer trust
Carbon Zero-Carbon Dual-Carbon Afforestation Heating Furnace Energy-Saving Motors Water Conservation
Trading Factory Informatization Research GroupEnergy Saving
Award and Transforma- Participating in industry green Auxiliary Facilities Distribution System . . . . . . Increased ESG compliance will help
Product Carbon Qualification Electrical Control Energy Saving Energy Saving tional opportunities long term
favorable companies gain a head start in the initiatives disclose carbon perfor-Footprint Green Point EU Carbon Tax Application Energy Saving Environmental Protection circumstance mance and appling for green factory
Trading Facilities Energy Saving (reputation) green brand and green supplier awards and product certification
Research Framework for Green and Low Carbon Manufacturing Technologies
23 24Jiangsu Zhongtian Technology Co. Ltd.
Environmental Social and Corporate Governance (ESG) Report 2024
Table Analyzing Climate Change Risks and Opportunities at the Value Chain Level in ZTT Indicators and Targets
The Company sets climate change targets and discloses KPIs around the "Four Ten Thousand Indicators" (1404.2 USD output value
Typology Time Risks/ Situation-specific descriptions Response strategy comprehensive energy consumption ratio 1404.2 USD output value carbon emission ratio 1404.2 USD output value green energy dimension opportunities
consumption ratio 1404.2 USD output value manufacturing cost ratio):
Transition EU trade policies such as CBAM Piloting CBAM compliance product
risk long term exposures put carbon compliance carbon footprint certification establish-
(policy) pressure on exports ing of carbon information transparency mechanism system Increase the share of green energy consumption to 80%
Transforma- National Green Manufacturing
tional favorable Incentive Green Product Declaring green factories green
Comprehensive energy consumption and carbon dioxide emissions of 1404.2 USD
opportuni- long term circumstance Priority Purchasing and Other products obtaining subsidies and
ties (policy) Policies Continue to Advance industry credit points Short- to medium-term Goals output value decreased by 30% and 35% respectively
（2021?2025）
Transition Increased customer demand for Expanding green certification 10 carbon neutral demonstration plants.risk long term exposures green procurement low-carbon system enhancing green product
(markets) products and delivery cycles coverage and responsiveness
Transforma- favorable Green orders rise as demand for Developing low carbon fiber optic tional long term circumstance green low-carbon fiber optic cable and carbon labeling products Achieve 100% green energy useopportunities cables grows in overseas markets to build green brand influence
(markets)
Carbon emissions of 1404.2 USD output value decreased by50% from 2020
Rapid evolution of customers' Establishing green product specifica-Transition Long-term Goal (to 2030)
green technology requirements and tions promoting the construction of a risk short-term exposures insufficient supplier responsiveness green technology platform with Construction of 30 carbon neutral/zero carbon plants(technical)
resulting in substandard delivery suppliers and improving the bench-marking mechanism Achieve peak carbon by 2030 and carbon neutrality by 2055
Transforma- Increased willingness of customers
tional favorable to cooperate in the research and
Taking the initiative to jointly develop
opportuni- long term development of new green green products with customers and strive
ties circumstance technologies and products for the first-mover advantage in the The promotion of climate change targets is supported by systematic measures such as "ten energy-saving technologies" green
(technology) frontier market
design and green packaging green logistics etc. combined with the creation of green factories and the SBTi commitment which
Customers have strict restrictions
Transition on suppliers' non-transparent Enhancing carbon transparency in the comprehensively support the realization of the targets. 2024 the greenhouse gas emissions of Scope 1 and Scope 2 of CTS will be
risk short-term exposures carbon disclosure and non-stan- value chain and promoting carbon (reputa- dardized carbon management inventory and green compliance among 442576tCO2e and the greenhouse gas emission reduction will be 237477tCO2e. gas emission reduction of 23747tCO2e.tional) affecting corporate reputation Tier 1 suppliers.and order acquisition
Transforma-
tional Companies that obtain green Establishing a green supply chain
opportuni- long term favorable credentials and excel in carbon evaluation mechanism appling for green
ties circumstance performance will receive preferred factory and green product certification 5.2 Green Smart Manufacturing
(reputation) supplier status from customers and enhance customer confidence
ZTT takes green and low-carbon development as our strategic focus and builds up an environmental management system based on system
Risk Management construction and supported by technological innovation around the national carbon peaking and carbon neutrality target and comprehensively
The Company has incorporated climate-related risk management into the overall enterprise risk control system and established a monitoring promotes the construction of green intellectual manufacturing system.assessment and response mechanism covering the whole process. Risk management includes annual identification of energy and environmen-
tal factors joint review by various departments special assessment of key climate issues and design of countermeasures. Environmental Management Compliance
The Company has an EHS Management Committee with the Chairman of the Board of Directors as the top management which serves as
In accordance with ISO 14064 14067 and other international standards The Company has established a carbon footprint management system the highest decision-making body for environmental management and comprehensively coordinates The Company's environmental and
at the product and organizational levels and has formed an inventory mechanism covering the life cycle with regular third-party verification.occupational health and safety affairs. The Committee takes the lead in formulating annual environmental objectives and action plans
Meanwhile The Company has built the " Energy and Carbon Cloud Platform" which realizes real-time collection of carbon emission data trend
analysis and risk early warning and promotes digital management of climate risk and optimal allocation of resources. organizing all business segments to identify and respond to environmental risks and promoting the integration of system construction
resource allocation and performance evaluation. Under the committee is a permanent office operated by the safety and environmental
The Company has also developed a dynamic identification and internalization process for laws and regulations to ensure the timely implemen- protection department.It is responsible for cross-departmental coordination daily management and supervision of implementation to
tation of climate-related regulations and enhance climate change compliance and risk resilience. ensure that the environmental policy is implemented throughout the chain from strategy deployment to frontline practice.
25 26Jiangsu Zhongtian Technology Co. Ltd.
Environmental Social and Corporate Governance (ESG) Report 2024
Energy Management
In terms of energy management ZTT takes "Green Low Carbon Manufacturing (GLCM) Action Program" as the core and sets milestones
with 2020 as the benchmark striving to reduce the comprehensive energy consumption per unit of output value by 30% in 2025 and the
proportion of green energy use reaches 80%. In order to ensure that the target is achievable The Company has constructed an energy
ZTT ISO 14001 Environmental
Management System Certification efficiency and carbon management organizational structure covering the ZTT Industrial Groups and factories at three levels clarified the
division of responsibilities promoted the hierarchical management of energy efficiency indicators and process monitoring and formulat-
ed a supporting energy management system and an annual enhancement plan focusing on the upgrading of energy-consuming
equipment energy-efficiency benchmarking special technological reforms and other key initiatives.During the reporting period The Company insisted on incorporating environmental protection into its long-term corporate strategy and continu-
In 2024 The Company deeply pushed forward the transformation of "ten energy-saving technologies" covering energy-saving motors air
ously enhanced its environmental governance capability and compliance level. The Company strictly abides by the requirements of national
compressors extruders magnetic levitation freezers induction furnaces lighting systems transformers distribution systems and other
laws and regulations such as the Environmental Protection Law of the People's Republic of China the Environmental Impact Assessment Law of
key links and achieved a cumulative total of more than 50 million kWh of electricity savings reducing carbon emissions by about 53500
the People's Republic of China and the Environmental Protection Tax Law of the People's Republic of China and The Company pays close
attention to and follows the relevant environmental policies and technical standards of the countries in which it operates overseas and compre- tons of CO2e. In order to improve management accuracy The Company has independently developed and constructed the "Energy and
hensively pushes forward the construction of its environmental management system. At present 100% of all officially operated manufacturing Carbon Management Platform" which builds a three-level monitoring network of the Group factories and equipments and realizes the
product companies of ZTT have passed ISO 14001 environmental management system certification. integration of energy real-time monitoring energy efficiency analysis abnormality early warning and carbon accounting functions helping
the enterprise to realize refined and intelligent green operation and management.In 2024 the compliance rate of "general waste" and hazardous waste disposal reached 100% and no environmental emergencies occurred. The
Company has implemented the "Emergency Response Plan for Environmental Pollution Emergencies" established an emergency command and
rapid response mechanism and regularly conducts environmental emergency drills to improve the ability to respond to environmental incidents.Technology and Innovation
Environmental Management Compliance
Home
Industry analysis Carbon verification
Norm 2022 2023 2024 Unit
Environmental violations
and penalties 0 0 0 numbers
Total investment in 4723.33 9438.07 7633.95 ten thousand environmental protection yuan
Duration of environmental
training per capita 1..48 1.58 1.77 hourly
Number of participants in
environmental training 11031 11310 11967 participants
ZTT EMS Energy Carbon Management System Interface
Percentage of total
employees receiving 96 95 98 % In terms of renewable energy utilization The Company continues to promote the strategy of "Green Power Substitution" and actively
environmental training promotes the synergistic development of distributed photovoltaic (PV) self-built power stations and green power trading. On the one
hand The Company continues to expand the construction and operation of photovoltaic power stations and create comprehensive
Percentage of all workplaces
where environmental risk 96 95 92 % energy solutions by combining "photovoltaic+ storage+ energy scenarios"; on the other hand The Company continues to explore the
assessments are conducted installation of additional distributed photovoltaic facilities in the factory area to increase the proportion of green energy use and to expand
the scale of renewable energy consumption through green power trading green certificate procurement etc. The Company also relies on
Percentage of operating sites
certified to ISO 14001 environ- the advantages of energy storage products to expand power-side and energy storage facilities. Relying on the advantages of energy storage
mental management system 100 100 100 % products The Company also expands the application of power-side and user-side energy storage projects to enhance the flexibility of
for all product companies
renewable energy use and system response capability. In the future The Company will continue to increase investment and innovation in
the field of green energy and promote the deep integration of green energy and intelligent manufacturing.
27 28Jiangsu Zhongtian Technology Co. Ltd.
Environmental Social and Corporate Governance (ESG) Report 2024
Case Water Resources Management and Wastewater Discharge
In terms of water resources management ZTT attaches great importance to water resources utilization efficiency and water pollution prevention
ZTT India | Green Power to Reduce Costs and Promote Green Transformation and continues to improve the relevant systems and promote the transformation of key links. The Company has formulated the "Pollutant Manage-
ment Regulations" which clearly sets out the requirements for rainwater and sewage diversion clean water and sewage pre-treatment of domestic
In 2024 ZTT India joined hands with CleanMax a well-known wastewater strictly prohibits the direct discharge of waste liquids into sewers and emphasizes that wastewater must be centrally collected properly
local new energy company to sign a power purchase agreement treated and regularly monitored by qualified third-party agencies.and start the construction of a 1MW photovoltaic power plant on
Each plant is equipped with a dedicated drainage network domestic sewage is discharged into the municipal network after pre-treatment by septic
the rooftop of a factory building. The project has been successfully
tanks and other facilities to meet the standards and production wastewater is pooled and treated in a unified manner with emphasis on monitor-
approved by the CEIG of the Indian government and the Andhra
ing COD ammonia nitrogen heavy metals and other water quality indicators. Once the abnormality occurs The Company immediately organizes
Pradesh South Power Distribution Corporation (APSPDCL).the analysis of the reasons and implements the rectification to ensure that the emission is stable and meets the standard.After the completion of the project it is expected that the annual Case
power generation can reach about 136800 kWh and the annual Water Reuse System Upgrade to Enhance Water Saving Efficiency
saving of electricity cost is more than 64591.32 USD. This initiative
not only effectively reduces the operational energy costs but also In order to further improve the efficiency of water resources utilization ZTT has modified the wastewater treatment system for water
injects a boost to the green transformation of the local energy reuse in the production process of copper foil. The process of copper foil production and treatment generates a variety of wastewater
structure demonstrating the positive action and responsibility of containing copper zinc nickel and chromium which needs to be piped to the water treatment system for classification and treatment.ZTT on the path of sustainable development. In the course of operation The Company carried out a technical study jointly with a third party and found that by adding a three-stage RO
module the efficiency of pure water reuse could be further improved and wastewater discharge and treatment costs could be reduced.After system optimization and transformation the new three-stage RO water reuse system has significantly improved the level of water
Energy Management resources utilization.The effectiveness of the remodeling is as follows:
Norm 2023 2024 Unit
Water reuse rate increased from 75% to 92.5%;
Gasoline usage 26.35 30.36 ton The annual water saving reaches 58600 tons which effectively relieves the water pressure;
It reduces the amount of wastewater treatment and the total amount of discharge and helps enterprises in
Diesel use 702.75 686.53 ton green manufacturing and recycling development.The renovation not only optimizes the operational efficiency of the water treatment system but also reflects
Natural gas usage 21452540.45 22629005.53 m3 The Company's active exploration and practice in resource conservation and environmental protection.Water energy use 3232330.83 3086044.12 ton
Solar energy usage 7727.57 7980.46 kWh
Electricity consumption 88608.25 88479.17 Million kWh
Steam consumption 144383.92 122869.45 Tons ofstandard coal
Total integrated Tons of
energy consumption 292652.28 272824.40 standard coal
Energy intensity 0.0649 0.0568 Tons of standard coal/￥10000
29 30Jiangsu Zhongtian Technology Co. Ltd.
Environmental Social and Corporate Governance (ESG) Report 2024
Water Resources Management and Wastewater Discharge Percentage of total compa-ny-operated waste diverted 0 0 0 %
from landfills
Norm 2022 2023 2024 Unit
Green Factory Construction
Total water withdrawal 3011941.04 3232330.83 3086044.12 ton In terms of green factory construction The Company continues to promote the construction of green manufacturing system adding 5
new state-level green factories in 2024 totaling 13 and steadily increasing the coverage rate of green certification. Green factories
widely apply energy-saving and carbon reduction equipment renewable energy systems environmentally friendly materials and
total displacement 2363989.94 2529512.17 2486659.69 ton digital management and control platforms to realize the green transformation of major process links effectively supporting The
Company's energy saving and emission reduction goals.Total water consumption 647951.10 702818.67 599384.43 ton The Company actively promotes green products and low-carbon certification with 7 types of export products having completed
carbon footprint certification and some units initiating life cycle assessment (LCA) research to help products enter the international
mainstream market. In 2024 2 subsidiaries of ZTT have completed SBTi registration and target-setting and are gradually constructing
Solid Waste Emissions and Resource Recovery an emission reduction path based on scientific foundations. Accelerating to build a green smart manufacturing benchmark with
In terms of solid waste management The Company has established a mechanism for the whole process management of solid waste international influence.covering key aspects such as identification categorization registration storage transfer and disposal. Through the formulation of the
Solid Waste Management System The Company has promoted the establishment of solid waste accounts and management lists by
each subsidiary and strengthened source reduction and fine management. 100% of hazardous wastes are entrusted to qualified units
for compliant disposal and the transfer process is incorporated into the "Environmental Protection Handbook" supervision platform Added 13 7types of export products 2
realizing closed-loop supervision of the whole process from generation to disposal.national green factories complete carbon footprint certification subsidiaries join SBTi
In terms of resource recycling The Company continues to promote the recycling of packaging equipment components and other
recyclable materials. In 2024 the cable tray furniture recycling project was effective not only saving costs of more than 5.20 million
USD but also achieving carbon emission reduction of more than 8000 tons of CO2. Some units also carry out the reuse of waste Through systematic policies and mechanisms digital management and technological innovation ZTT is gradually building a
wooden pallets metal edges and corners etc. to enhance the efficiency of resource use and reduce the outbound transportation of "Green Smart Manufacturing" system covering the environment energy water resources and waste helping the enterprise to
general industrial solid waste. realize its sustainable development goals.In the future The Company will accelerate the construction of the digital solid waste management system explore the recycling mode
in synergy with the supply chain and promote the green cycle of the value chain to close the loop. Biodiversity Conservation
ZTT attaches great importance to the protection of ecosystems and biodiversity especially in overseas investment and
Case construction projects and has always insisted on incorporating biodiversity into the whole process of project planning
ZTT Morocco | Promoting Waste Resource design construction and operation management. In the transmission line project in Koh Kong Province Cambodia The
Management and Enhancing Recycling Rates Company together with the project owner Electricité du Cambodge (EDC) organized the preparation of a Biodiversity
Action Plan to comprehensively assess the potential ecological impacts of the project and clearly formulate the correspond-
ZTT Morocco actively promotes waste minimization and resource management and implements in-depth waste classifica- ing protection targets and action plans.tion at production sites finely classifying plastics wood paper metals etc. at the source. At the same time we work together
with local professional waste processors to recycle and reuse waste that has reuse value.Through continuous optimization of management processes and staff training the waste recyclability rate has steadily
increased over the past three years and has reached 45.99% by the end of 2024. The project not only significantly reduces the
amount of landfill and incineration but also promotes the development of the local circular economy demonstrating The
Company's high regard for environmental sustainability.Solid Waste Emissions and Resource Recovery
Norm 2022 2023 2024 Unit
Hazardous waste emissions 4668.99 5313.24 4531.40 ton
Non-hazardous waste emissions 44989.19 40309.65 34384.25 ton
Total waste emissions 49658.18 45622.89 38915.65 ton
31 32Jiangsu Zhongtian Technology Co. Ltd.
Environmental Social and Corporate Governance (ESG) Report 2024
The project is located in the Southern Cardamom Mountains an important ecosystem in Southeast Asia and covers a
number of biodiversity-critical areas such as the Tatai Wildlife Sanctuary Dong Peng Multiple Use Management Area and Green Material Selection Design Green Recycling Design
Botum Sakor National Park. During the design and implementation of the project The Company strictly follows the IFC
Performance Standard 6: Biodiversity Conservation and Sustainable Management of Living Natural Resources the Asian
Development Bank's (ADB) and other international standards and combined with local laws and regulations such as Green Manufacturing Process Design Green Product Service Design
Cambodia's Law on Nature Reserves of 2008 to minimize the impact of the project on the ecological environment.In order to reduce disturbance to high-quality forests and critical habitats The Company and its contractors have imple- Total Product LifeCycle Management
mented the following measures which are based on the biodiversity conservation principle of "avoid-minimize-miti-
gate-compensate": Product Recyclability Design Green Logistics Design
Avoid ecologically sensitive areas and wildlife migration
corridors during the project design phase
Product Detachability Design Green Packaging Design
Clearly delineate project boundaries and restricted construction
areas to preserve natural woodland and aquatic habitats CaseAppearance at the World Energy Congress
Control invasive alien species reduce dust and erosion during construction From April 22nd to 25th the 26th World Energy Congress was held in
and operation and avoid disturbance of animals from nighttime operations Rotterdam the Netherlands. With the theme of "Sowing Green Sharing
the Future" ZTT participated in the exhibition and displayed new green
products and system solutions in the three major energy fields of
Enhance the optimization of tower design to prevent ocean new energy and power grid to the global new energy customers.bird collisions and electric shock accidents Through energy substitution raw material substitution energy saving
and emission reduction material saving and recycling and the
For residual impact areas revegetation and reintroduction implementation of green design green procurement green produc-
of native tree species is planned tion green life and other measures ZTT is committed to the green and low-carbon of the entire life cycle of its products and services.Organize environmental protection training for employees and strictly prohibit At the source end ZTT vigorously implements green procurement and raw material carbon reduction projects prioritizes the use of
project-related personnel from hunting wild animals or destroying forest resources materials with lower carbon footprints and lower environmental impacts and strives to reduce the environmental loads of products
at the raw material selection stage.Joint conservation cooperation with local environmental organizations Case
(e.g. Wildlife Alliance WWF Cambodia etc.) to support regional ecological Low-carbon aluminum materials help reduce emissions at the source
monitoring and patrols
In addition The Company has established a biodiversity monitoring mechanism for the project regularly assessing the Fingrid the Finnish national grid operator featured ZTT's low-carbon aluminum collabora-
effectiveness of project impacts and mitigation measures to ensure that no irreversible damage is caused to endangered tion in detail in its journal. ZTT’s green aluminum significantly reduces the carbon footprint
species and their habitats during project operation. Through the implementation of this project ZTT not only guarantees reaching only one-fourth of traditional emission levels. This demonstrates proactive
the sustainable construction of transmission infrastructure but also actively contributes to the protection of ecosystems alignment with the EU’s Carbon Border Adjustment Mechanism (CBAM) requirements and
in the host country and the sustainable development of the region. provides strong support for Finland’s power infrastructure upgrades and the achievement of
its sustainable development goals.
5.3 Total Product Life Cycle Management
As part of its transition to green and low-carbon developmentZTT has always adhered to the concept of "life cycle management" In terms of green design The Company adheres to the concept of "green at the beginning of design" and incorporates low-car-
embedded sustainable development in every link of products from source to end and built a closed-loop green value chain. Around bon easy-to-disassemble reusable and other environmentally friendly attributes into the entire process from product
the selection of raw materials product design manufacturing process packaging and transportation use management and structure material selection to manufacturing adaptation. Under the premise of ensuring functional integrity The Company
end-of-life recycling The Company has formed a set of systematic and standardized green whole-chain management reduces the redundancy of materials and energy consumption in the manufacturing process and improves the energy-saving
system which continues to help reduce the burden on the environment conserve resources and enhance customer value. efficiency across the entire value chain..
33 34Jiangsu Zhongtian Technology Co. Ltd.
Environmental Social and Corporate Governance (ESG) Report 2024
Entering the product use stage The Company focuses on improving the reliability long life and energy-saving performance of
Case its products to reduce the energy consumption and maintenance costs of customers during the use process. In high-end
Green Design for Structural Optimization application scenarios such as communication electric power and ocean The Company's products widely use highly adaptable
materials such as corrosion resistance fatigue resistance and wind and sand resistance and integrate energy-saving functions
to effectively reduce the user's whole life cycle operational emissions.ZTT adopts truss-like lightweight structure design in fiber optic cable transfer box products which ensures the mechan-
ical performance while reducing the weight of each box by 6.8 kg reducing the waste of materials transportation In the face of the environmental impact of products after use The Company has established a closed-loop green disposal
energy consumption and production carbon footprint. In semi-dry fiber optic cable products the innovative use of system to realize the regeneration of resources and control of risks. On the recycling side The Company collaborates with
water-blocking powder instead of fiber paste and water-blocking yarn reduces the carbon emission per 10000 meters external environmental protection organizations through its internal recycling platform to classify and dismantle products
of fiber optic cable to 0.0026 tons of CO2 which significantly reduces the intensity of carbon footprint. refurbish parts and reuse materials. For non-recyclable or environmentally risky hazardous wastes The Company sets up a
special transfer channel and entrusts qualified units to carry out compliant disposal in strict accordance with regulatory
At the manufacturing stage ZTT adheres to the green and smart manufacturing strategy continuously optimizes the process requirements ensuring that the whole process of transfer storage and disposal is traceable and auditable and truly realizing
upgrades intelligent equipment and implements lean management. The Company comprehensively benchmarks the Ministry the concept of "turning wastes into treasures and hazards into benefits".of Industry and Information Technology's high energy-consuming equipment elimination catalog and vigorously promotes
equipment upgrading through technological transformation. Through the promotion mechanism of "ten energy-saving In addition in order to ensure the standardization measurability and sustainability of the green management system ZTT has
technologies" The Company has formed a point-to-point system-driven energy-saving and carbon-reducing effect nationwide formulated a complete product carbon footprint accounting mechanism and carried out carbon inventory third-party certifi-
and created a green "new engine" in the manufacturing process. cation and carbon footprint disclosure based on international standards such as ISO 14064 and ISO 14067. The Company has
Case established a carbon footprint database covering the entire life cycle to quantify the carbon emission reduction effect of each
Intelligent manufacturing releases green kinetic energy link and uses it as an important basis for product design and supply chain management to promote the continuous iterative optimization of products.By eliminating four old wire drawing machines and introducing one double-head and double-disk and one single-head Looking into the future ZTT will continue to take the whole life cycle management as a handhold promote the extension of
and double-disk wire drawing machines The Company has achieved an annual power saving of 700000 kWh a reduc- green manufacturing to the upstream and downstream leap to a higher level and promote the value chain from "compliance
tion of 554 tons of carbon emissions and an annual cost reduction of 81441.23 USD. This move not only significantly and emission reduction" to "value co-creation".improves the efficiency of production capacity but also reflects a high degree of synergy between green manufacturing
and economic benefits.ecyc
lable Materia
R ls
Green Packaging
In packaging logistics and warehousing ZTT actively builds a system of "reduction recycling and intelligence". The Company
introduces recyclable degradable and recyclable materials for packaging and promotes green packaging solutions. In 2024
The Company will recycle and reuse iron and wooden trays cable trays and other packaging instruments and reduce carbon
dioxide emissions by 8108 tons. In terms of logistics and distribution The Company accelerates automation and information-
ization upgrading adopts AGV automatic handling system intelligent material supply system digital warehousing and
dedicated transportation by cargo ships to optimize the flow of work processes and shorten the transportation path effectively
reducing carbon emissions and improving operational efficiency. Through multimodal transportation and intelligent logistics
scheduling The Company has created a "green artery" linking production and delivery.
3536
Packaging
lum
e
Vo
rials
Redu
te
ce
a d
Recycled MJiangsu Zhongtian Technology Co. Ltd.Environmental Social and Corporate Governance (ESG) Report 2024
06 Putting people first: social responsibility and inclusive growth
6.1 Employee Well-being
6.2 Sustainable Supply Chains
6.3 Co-creating Social Value
6.4 Product Quality and Customer Value
37 38Jiangsu Zhongtian Technology Co. Ltd.
Environmental Social and Corporate Governance (ESG) Report 2024
6 Putting people first: Equality and Diversity. social responsibility and inclusive growth
Employee Indicators 2022 2023 2024 Unit
Every employee's effort and dedication is an important force to push the company forward. We hope to provide every employee with
fair and transparent career development opportunities to create a positive working environment and employees to collaborate to Total number of employees 14018 14902 15110
achieve a win-win situation for individuals and enterprises. Number of employees
under 30 years old 4199 4287 4358
6.1 Employee Well-being Number of employees
Equality and Diversity aged 30-50
809987519014
ZTT advocates an enterprise atmosphere of equality mutual trust diversity and inclusiveness and eliminates unfair treatment of Number of employees 1720 1864 1738
employees in recruitment promotion salary and other aspects due to ethnic group gender age belief political status and other over 50 years old
factors. .We strictly abide by the laws and regulations of our countries and regions，establish and implement the Anti-Modern Slavery Number of male employees 10357 11172 11361Policy and conveys to the concepts of respecting human rights and anti-discrimination all stakeholders and guides all business units
to conduct compliance practices with supply chain partners. During the reporting period The company has passed the SA8000 CSR Number of male employees
certification; there is no forced or compulsory labor and no child labor use. under 30 years old 3324 3382 3425
Number of male employees People
The company has always practiced the good manners of helping the disabled and the needy and actively fulfilled its social responsibil- aged 30-50 5371 5999 6231
ities to ensure high-quality employment for the disabled. During the reporting period The company employed more than 70 disabled
Number of male employees
workers and provided sufficient skills training and career development guidance in an effort to build a fairer and more inclusive for over 50 years old 1662 1791 1705
persons with disabilities employment environment.Number of female employees 3661 3730 3749
We actively create an inclusive equal and diversified work environment encourage employees to actively integrate into The Company
respect the right of employees to join trade unions and support employees to freely form interest clubs to ensure that the rights and Number of female employees under 30 years old 875 905 933
interests of employees are not interfered with each and to achieve the work-life balance to maintain the sustainable development of
the workplace . The company holds an annual employee representative meeting to concentrate resources on negotiating and address- Number of female employees 2728 2752 2783
ing employees' expectations and demands . At the same time we conducted an employee satisfaction survey and further established aged 30-50
a number of internal online and offline communication channels for employees to efficiently deal with their demands and suggestions Number of female employees 58 73 33
on remuneration and benefits system implementation work pressure and other demands and suggestions. During the reporting over 50 years old
period The company held a staff congress and all the staff representatives attending the meeting collectively negotiated and passed
the Collective Contract for the year 2024 achieving a 100% staff collective contract signing rate. Number of employees in China 12544 13430 13628
Number of Overseas Employees 1474 1472 1482
General
Employee Manager's
Communication Mailbox
Cultural
All-Staff and
Meetings Sports
Activities
Employee
ZTT's SA8000 Certificate
Communication
Surveys Family
and Member
Question- Interviews
naires
Diversified Communication Methods
39 40Jiangsu Zhongtian Technology Co. Ltd.
Environmental Social and Corporate Governance (ESG) Report 2024
Employee Benefits
ZTT continues to enhance the employee welfare system by formulating the "Employee Welfare Management System" and other
documents providing employees with insurance other legal benefits with all kinds of holiday gifts birthday gifts exclusive women's
day activities and other employee benefits. The company also set up a mother-and-baby room to support the needs of female
employees. We organize cultural exchanges and other activities to promote mutual understanding and cooperation among employ-
ees and enrich their work and life. During the reporting period the company provided support to the families of disabled and
financially disadvantaged employees 278 times with total expenditures of approximately 0.18 million USD .Talent Apartment Youth Day activitiesSpring Festival Tea Party
Family Sympathy for ZTT India Employees ZTT India employees celebrating Holi Festival
International Women's Day (March 8)
ZTT Morocco Fun Games ZTT Brazil team-building activities
ZTT Turkey employees welcoming the New Year
41 42Jiangsu Zhongtian Technology Co. Ltd.
Environmental Social and Corporate Governance (ESG) Report 2024
Employee Recruitment Remuneration and Incentives
ZTT actively attracts excellent talents The company has formulated " Recruitment Management Measures" and other documents to The company has issued documents such as the Measures for the Management of Position Grades and Remuneration and the Guide-
support the daily recruitment work through a variety of channels such as campus recruitment social recruitment and international lines for Performance Management to scientifically manage employee compensation and performance. A remuneration committee
talent introduction channels we introduced AI interviewing and VR experience hall designed the image of school recruiting and has been established to help employees effectively address pay-related concerns and ensure that all employees receive a minimum
created peripheral gifts accurately matched talents with the positions improved the efficiency and quality of recruitment and to income that always exceeds the local statutory minimum wage. During the reporting period the starting salaries for male and female
enrich The Company's employer image. During the reporting period ZTT's 'Pilot Student' program recruited 422 new employees. employees were equal maintaining a 1:1 ratio.Employee Recruitment Remuneration and Incentives
Employment indicators 2022 2023 2024 Unit Norm 2022 2023 2024 Unit
Wage ratio between male and
Total number of new employees 2268 2466 2522 female employees at the 1:1 1:1 1:1 proportion
starting salary level
Number of male employees Ratio of starting level wage to 1703 1906 1857 local minimum wage for male 2.66 2.75 2.77 proportion
and female employees
Number of female employees 565 560 665 Number of executives hired
from local communities 123 123 115 man
Less than Number of 30
year old male employees 999 1046 1052
People Total number of executives 253 253 251 man
Number of male employees
aged 30-50 609 771 781
Percentage of executives
hired from local communities 48.62% 48.62% 45.82% percentageGreater than Number of
50 year old male employees 95 89 24
Less than Number of female Performance Appraisal
employees aged 30 289 298 302 ZTT ensures that the employee performance is consistent with the the company’s strategic direction. The company has
established a company - wide performance appraisal mechanism and implemented annual appraisals for its employees in
Number of female employees 273 261 363 accordance with the corporate governance norms and the requirements for sustainable development. During the reporting aged 30-50
period the percentage of employees' participation in performance appraisal was 100%.Greater than Number of 3
50 year old female employees 1 0
Individual Role Levels Indicator Sources
Employee turnover rate 16.44% 13.86% 12.67% percentage
Industrial Group President Industrial Group Performance
Subsidiary General Manager Company Performance
Use of parental leave Marketing Management Center Director Marketing Management Center Performance
Company Performance
Norm 2022 2023 2024 Unit Other Core Team Members Partially Shared Management Domain
Performance/Management Requirements
Return rate of employees
on parental leave 100% 100% 100% Department Head Department Performance
percentage
Retention rate of employees
on parental leave 92% 93% 95% Supervisor and General Employee Department Performance Breakdown
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Environmental Social and Corporate Governance (ESG) Report 2024
Career Development and Training
ZTT continues to enhance the career development system and has established multiple promotion paths for employees
from grassroots to senior management from technical posts to expert consultants etc. to support employees' positive
development at ZTT.Employee Development
In order to effectively broaden the career development channels for employees we publish daily information on job requirements of
subsidiaries and through online platforms such as WeChat platform to help employees based on their own career development plans
and professional skills and to promote the matching of talents to the appropriate positions.ZTT Group builds dual career promotion channels for its employees:
Vertical promotion channels encourage employees to continue to work in their own professional fields constantly improve their
professional skills and pursue professional refinement and breakthroughs;
Lateral promotion channels provide employees with the opportunity to cross-serial promotion or transfer to other positions so that Extraordinary technician on-site Chief Technician On-site
employees can flexibly adjust their career direction according to their personal interests and abilities as well as the company's develop- evaluation meeting Review Meeting
ment needs .Vertical Promotion Channel Lateral Promotion Channel
Staff Training
Diversified Development Norm 2022 2023 2024 Unit
Total training hours 1293861 1439533 1572951 hourly
Job Personal Ability Company Average employee
Rotation Interest Demand training hours 92.3 96.6 104.1 Hour/person
Staff Training
The career development of employees to the operation of the enterpriseis closely related.ZTT Group establishes and optimizes four
major training systems to meet the needs of talent development at different stages help employees quickly adapt to their positions
and continuously improve their working ability and allows to employees develop in both professional and management fields.The company has formulated a number of talent training programs including the Youth Seedling Program the Youth Blue Program
and vocational skills level recognition to promote the development of industrial workers; and organized participation in various types
of vocational skills competitions to promote learning and excellence through competition. Promote employees to refine their work
skills and effectively improve production efficiency .Craftsmanship Training for
Frontline Employees
4546
Professional FieldJiangsu Zhongtian Technology Co. Ltd.Environmental Social and Corporate Governance (ESG) Report 2024
The four major systems
Program
Name object-oriented Training contents
Program
Name object-oriented Training contents
New General Manager and
Training courses for new specialists and Reserve Talent Class
doctors (parachute program)
Recruitment for social workers fresh Cultivation of president general
college students internship students manager director deputy general
Navigate
who have not graduated from colleges Program manager department manager and
Sail and universities and blue-collar backbone of grassroots management
Program workers from vocational schools positions
Training course for new sales staff AB Corner Specialized Training
Course for Middle Management
Team Leader Competency Enhancement Training
Course
Renewal
Program For existing positions
Digital Competency Camp
Training Course for International Talents Coming to China
Internationalized mature talents
reserve talents internationalized
Voyage reserve talents
Program
Basic English Speaking Course
47 48Jiangsu Zhongtian Technology Co. Ltd.
Environmental Social and Corporate Governance (ESG) Report 2024
Safe Production
Environmental Health and Safety Form 2022 2023 2024 Unit
ZTT Group attaches great importance to the health
and safety of its employees is committed to creating a ISO 45001 system certificate Number of work-related deaths 0 0 0 man
safe and comfortable workplace. During the reporting
period the company certified and obtained ISO 45001 Number of work injuries 14 24 13 man
certificate. total working time 26498148 27888536 29135175 hourly
Million man-hours lost
time accident rate 0.53 0.86 0.45 Million man-hours
Security Awareness Training classifier for clothes luggage
ZTT Group has set up an EHS management committee to maintain the health of employees and the safety of the working environ- Number of occupa- 0 0 0 decorations; tional diseases piece of work;
ment. The company invites professionals to train employees in safety operation skills so that employees can master safety operation a matter an event
skills and strengthen safety awareness. The company also organizes safety knowledge contests and other activities on a regular basis Incidence of occupa- 0 0 0 percentage
to stimulate the enthusiasm of employees to learn safety knowledge and enhance their safety quality. tional diseases
Safety Painting
Competition in
Safety Month Activities
ZTT Indonesia Employee
Equipment Training
ZTT Indonesia Lean
Manufacturing Training
Equipment training for the
staff of ZTT Morocco
Safe Production ZTT India Employee Production
ZTT Group implements the construction and execution of safety management system documents such as the Regulations on Work Protective Clothing Use
Injury Management requires to employees wear personal protective equipment according to regulations. The Company collects and
analyzes information on safety accidents every month generates and publishes a production safety bulletin and real-time evaluates
and analyzes production assessment points. During the reporting period the company did not have any workplace accidents .
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Environmental Social and Corporate Governance (ESG) Report 2024
Security Maintenance Mental health management
A safe and stable working environment is the top priority of an enterprise. ZTT Group has formulated documents such as "Envi- We not only focus on the physical health of employees but also pay attention to their mental health. To this end the company
ronmental Factors Management Procedures" and "Hazardous Sources Identification and Risk Evaluation Management Proce- has set up an employee psychological counseling room invited domestic senior psychological counselors from time to time to
dures" and regularly conducts safety inspections and maintenance of its production facilities to strengthen the environmental carry out mental health lectures and employee "one-on-one" counseling timely solution to the psychological problems
management of its workplaces; the company applies the LEC method to identify evaluate and categorize the environmental
risks and formulates contingency plans to strengthen the capacity of emergency handling. During the reporting period the
company through safety hazard investigation actions collected a total of nearly 5000 potential safety hazards and the rate of
rectification of potential hazards was 100%.Safety marking
AS Production Line Conductor
production warning
encountered by employees
E-mail:ztthr@ztt.cn Hotline:：051384885115
6.2 Sustainable supply chains
ZTT Group is committed to building a greener and more sustainable supply chain system pursuing economic
Emergency fire
cabinet Fire Hydrant benefits and social responsibility win-win.Supplier ESG Assessment
ZTT Group has established a strict ESG assessment system for suppliers and comprehensively examined suppliers from various
dimensions such as environment society and corporate governance. The company has formulated the "Supplier Management
Emergency Drill Measures" which clearly defines the whole life cycle management of suppliers from certification introduction evaluation to withdrawal and elimination. Through the annual risk assessment of suppliers the company selects suppliers with outstanding perfor-
ZTT Group strictly complies with national and local laws and regulations formulates a number of emergency drills and plans and mance in ESG and establishes long-term and stable cooperative relationships with to build a sustainable at supply chain. During the
regularly organizes emergency drills for natural disasters and production accidents so as to familiarize employees with the
reporting period ESG assessment covered 100% of suppliers .emergency procedures effectively improve the self-protection and mutual assistance capabilities of employees and enhance the
overall level of the company's emergency response in the face of emergencies. During the reporting period the company
Environmentally ensure that suppliers' Suppliers' energy consumption
organized a total of 415 drills with a cumulative total of 16211 participants . production processes are environmental-
ly friendly and minimize negative impacts Waste emissions
Type of exercise on the ecosystem Efficiency in the utilization of natural resources
At the social level to ensure that Protection of Employee Rights and Interests
suppliers do not engage in forced or child Maintenance of community relations
labor and are able to contribute positively
to society. social facility
Corporate governance to ensure that Evaluate supplier management systems
supplier operations are stable and in
Natural Gas Leakage Emergency Drill for compliance with legal and regulatory
transparency
Fire drill requirements business ethicsEmergency Response Exercise Lifting Injuries
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Environmental Social and Corporate Governance (ESG) Report 2024
Supplier capacity-building and training
Supplier ESG Assessment ZTT Group is committed to helping suppliers improve their management level technology level and sustainable development
capability through capacity building and training. The company organizes events such as the Global Partner Conference to provide a
Norm 2022 2023 2024 Unit platform for suppliers to communicate and learn; provides professional training and guidance covering environmental management
social responsibility quality management and other areas based on the results of supplier performance evaluation empowers supply
Number of operating sites suppliers where
freedom of association or right to collective 0 0 0 chain partners to reduce sustainability risks .bargaining is violated or at significant risk classifier for
individual things Case
Number of operating sites suppliers with signifi- or people
cant risk of child labor incidents 0 0 0 Strengthening Compliance Quality and Quantity Ensuring Compliance general catch-all
classifier Starting a New Journey Supplier Conference
Number of operating sites suppliers with signifi-
cant risk of forced or compulsory labor 0 0 0 On September 27 2024 ZTT Group held a seminar on
compliance quality and fulfillment policies for its suppli-
Responsible procurement er partners with the theme of "Strong Compliance
Quality Fulfillment and New Journey" which was
ZTT Group is resolute in not purchasing or supporting the use of conflict minerals and has incorporated responsible purchasing
attended by more than 700 supplier representatives
requirements into the cooperation framework agreement. We require our suppliers to provide a Letter of Commitment for Non-Use of
from across China. At the meeting ZTT Group promoted
Conflict Minerals to ensure that they understand the importance the company attaches to the compliance management of conflict
the policy reports of "Quality Management" "Compli-
minerals. On this basis we require direct suppliers to pass on this principle to sub-suppliers to eliminate the risk of human rights
100 ance Management" and "Compliance Management" to violations inhumane treatment and armed conflict in the supply chain of key minerals. During the reporting period % of our the supplier partners and notified the typical cases of
mineral and mineral derivative material suppliers signed the Conflict Minerals Commitment Letter. supplier's malpractices in recent years demonstrating
Supply Chain Carbon Footprint Management ZTT Group's commitment to the quality management of
ZTT Group clearly requires suppliers to incorporate the concept of green supply chain management into their own development suppliers. Typical cases of supplier malpractice in recent
strategic planning and clarifies the requirements for carbon reduction and emission reduction at the operational level of suppliers years were also reported demonstrating the determina-
through documents such as Green Procurement Guidelines and Green Supplier Evaluation Criteria. tion of to establish dignity by quality and to fight against
The company establishes a green data and analysis platform and a carbon emission accounting system accurately counts and corruption.analyzes suppliers' carbon emission data collected on a regular basis counsels suppliers to optimize their emission reduction practic-
es and provides them with targeted carbon-reducing advice and technical support so as to promote the green transformation of the
entire supply chain.During the reporting period more than 800 suppliers signed the green and low-carbon initiative. 100 suppliers
completed the carbon emission data statistics collected 135 emission reduction projects and the carbon emission ratio of 1404.2 USD Case
of output value was reduced by more than 8.4% which achieved remarkable emission reduction results. Building Integrity Together Pro-Clean Cooperation
On December 19 2024 in order to implement the guidelines
of compliance refinement on the one handZTT Group
improves the construction of procurement internal control
system and improves the risk prevention and control system
of compliance and integrity; on the other hand it communi-
cates the requirements of integrity and honesty through
signing commitment letters procurement compliance
questionnaires on-site/online trainings as well as procure-
ment portals to strengthen the awareness of integrity and
compliance among the internal staffs and suppliers and to
jointly build a on the other hand we communicate integrity
requirements through signing commitment surveys
on-site/online training and procurement portal to strengthen
the awareness of internal staff and suppliers on integrity and
compliance and to build a pro-clean partnership.
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Environmental Social and Corporate Governance (ESG) Report 2024
6.3 Co-creating social value 6.4 Product Quality and Customer Value
ZTT Group regards public welfare as an important part of its corporate development strategy and actively brings value to the society ZTT Group is committed to creating greater value for customers while being driven by innovation and adhering to the persistent pursuit
while creating economic benefits. of quality.Community support and education
The company actively participates in community building and education support and establishes special funds for industry-education Quality management
integration and school-enterprise cooperation and incorporates them into the annual financial budget of the enterprise . ZTT Group takes the excellent performance management system as the leader takes ISO9001 TL9000 and other system standards as
the benchmark gradually promotes the integration with other management systems of the company establishes an integrated
Case management and control system with multi-faceted synergy and creates a maturity benchmark for quality management in the
Public Welfare Contribution industry. The company appoints the chief quality officer to comprehensively plan and promote the construction of quality culture; set
We actively participate in various charitable activities and pay attention to the up a quality control department equipped with professional quality management personnel to monitor product quality throughout
disadvantaged groups. In recent years ZTT Group has donated infrastructure
the process; regularly conduct internal audits and management reviews of the quality management system and constantly find and
equipment worth more than 5 million dollars to the Affiliated Hospital of
Nantong University; donated more than 4.7 million dollars of materials improve the existing problems to promote the continuous improvement of the quality management system . We set up a three-tier
supported the construction of Zhangjian Entrepreneurs' College; and donated quality target system based on a three-dimensional control network of quality responsibilities and promote the combination of target
10 million dollars to Rudong Middle School to cultivate top-notch innovative fulfillment and performance management. During the reporting period the coverage rate of the quality management system of all
talents. formally operated manufacturing product companies of ZTT Group was 100%.ZTT Group India Social Responsibility Initiative
Achievement of specific financial thresholds in accordance with the relevant
provisions of the Indian Companies Act on Corporate Social Responsibility (CSR)
of companies dedicate at least 2% of their average net profit for the previous
three years to CSR.Mid-2024 ZTT Group India is actively involved in fulfilling the government's
compliance requirements by partnering with local public interest organizations
while at the same time Local social welfare activities.PT ZTT CABLE INDONESIA
Social Responsibility Initiative
Eid al-Adha is an important festival in Indonesia and during the 2024
festival ZTT INDONESIA as in the past will continue to organize the Eid
al-Adha festival. In the past The company has fulfilled its social responsibili-
ty by donating cows to poor villagers. During the Eid al-Fitr festival in
Indonesia The company donated cows to the weekly donation of rice to
villagers in need in the border community.ZTT Turkey factory DEMIRER KABLO Social
Responsibility Action
In 2024 ZTT Turkey factory DEMIRER KABLO (DK Cable) specially organized
a sympathy visit to Boguyuk Orphanage and donated school supplies such
as schoolbags and stationery and sports equipment such as soccer balls to
the children which conveyed humanistic care with practical actions and ISO 9001 TL9000
demonstrated the mission and responsibility of multinational enterprises of
"Global Development Shared Responsibility".
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Environmental Social and Corporate Governance (ESG) Report 2024
Product Safety and Compliance
ZTT Group products are widely used in electric power communication construction and other fields. The compa-
ny actively obtains various international certifications such as IEC UL etc. to ensure that the products reach the Product Certification
international advanced level in terms of safety and performance. We strictly follow the industry standards and
actively participate in the formulation and revision of industry standards. Products Certification Body
Case
ZTT Submarine Cable Achieves Across-the-Board Performance Improvements PV Components for BOS - mechanical Rheinland Testing & Certification Services (China) Co.IT Equipment
The low-carbon 220kV cross-linked polyethylene insulated AC fiber-optic composite submarine cable GJPFJV indoor multi-core fiber optic cable
project launched by ZTT Submarine Cable is the first domestic application of a submarine cable with a (G.652 12 cores and below) Thiel Certification Center Co.conductor cross-section of 3000 mm2 filling the gap in large-cross-section submarine cables in China. This ZA-RV Flame Retardant Flexible Cable for
project increases transmission capacity by 20% to 40% and achieves over 21% reduction in energy Communication Power Supply
consumption and carbon emissions compared to conventional submarine cables. As an outstanding case
the project was awarded the "EY Sustainability Annual Best Award." Loose Sleeve Stranded Full MediumSelf-Relaying Fiber Optic Cables China Quality Certification Center Ltd.Laminated Stainless Steel Tube Optical Unit Triple Power (Beijing) Certification Center Co.Stranded Fiber Optic Composite Overhead Ground Wire
Product Safety and Compliance Railroad Through Ground (Type S) China Railway Inspection and Certification Center Co.
2022 2023 2024 Unit BATT - Cell for use in Battery/Module for Guangdong GHM Certification Co.
Stationary LER and EV Application
Number of significant products/services 98 99 100 classifier for clothes
luggage decorations; Smart Computing Center Power Module Shanghai Timway Certification Technology Co.Number of products with optimized piece of work;
safety performance 5 7 8 a matter an event
Non-halogen free charging cable for
Incidents of warnings or fines for violations of get0 0 0 supplying power and communication for Drake Quality Certification (Shanghai) Co.product/service safety regulation (from a depot or counter) electric vehicles
classifier for clothes
Number of significant products/services 98 99 100 luggage decorations; Cross-linked polyethylene insulated AC piece of work; light submarine cables of rated voltage Hangzhou Wantai Certification Co.a matter an event 220 kV (Um=252 kV) in large lengths
Percentage of products/services covered and
assessed for compliance with the company's 98 99 100 percentage
product/service information and labeling program
Incidents of fines or warnings for violating get
product/service information regulations 0 0 0 (from a depot or counter)
Violations of marketing (advertising marketing get
sponsorship) regulations resulting 0 0 0 (from a depot or counter)
in warnings or fines
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Environmental Social and Corporate Governance (ESG) Report 2024
Customer satisfaction and feedback mechanisms Sustainable Product Innovation
ZTT Group establishes a perfect customer feedback mechanism through customer satisfaction survey after-sales visit online ZTT Group is committed to developing more environmentally friendly efficient and intelligent products and constantly explores
customer service and other channels and actively collects customers' opinions and suggestions. The company has set up a profes- new technologies materials and processes. The company actively cooperates with universities and scientific research institutes
sional department for customer service and established a 2-hour response system to provide customers with a full range of technical in the field of production learning and research accelerates technological innovation and transformation of achievements
support and after-sales service. Each subsidiary carries out customer satisfaction surveys in the form of independent units based on strives to realize the efficient use of resources and friendly protection of the environment in every step of the whole life cycle of
the differences in industry attributes among different customer groups. During the reporting period the customer satisfaction of ZTT its products.Optical Cable was 95.61 and the closed-loop rate of complaint handling was 100%.Customer contact path: Case Company e-mail: zttcs@ztt.cn Hotline:4001005252
Case International technology exchange
High quality after-sales service for fiber optic cables
During the construction of the project we received In June 2024 the senior leadership of German Power
feedback from fiber breakage problem of a disk of Company came to the company to exchange visited the
fiber optic cable in the process of laying our wire factory and carried out a 2-day digitalization and
overseas customer about the . Our company attach- automation technology exchange activities during
es great importance to it and immediately sent a which the two sides reached a consensus on the
professional after-sales service team to the site for establishment of a strategic partnership and reached a
technical verification. After comprehensive testing three-year framework agreement.and analysis it was confirmed that was caused by
the problem improper operation during the
construction of which resulted in local force
twisting of the fiber optic cable. In order to ensure
the progress of the customer's project the company
responded quickly communicated with the
customer's team clarified the standardized
construction criteria and operation precautions
and coordinated to expedite the replacement of the
same type of fiber optic cables avoiding zero delay
in the progress of the project.
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Environmental Social and Corporate Governance (ESG) Report 2024
07 Long-term Trust:Honest Governance and Business Ethics
7.1 Sound Governance
7.2 Integrity in business
7.3 Data Security and Privacy Protection
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Environmental Social and Corporate Governance (ESG) Report 2024
Long-term Trust: To ensure the scientific nature of governance ZTT has implemented a clear governance structure. The roles of chairman 7 and general manager are held by different individuals. This arrangement creates a governance model with well-defined . Honest Governance and Business Ethics authority and responsibility and ensures the separation of decision-making and execution.Number of Board of Directors 9
7.1 Sound Governance
ZTT drives standardized governance and sustainable development jointly. We focus on listed company governance 3 independent directors 33.33% of independent directors
risk management and internal controls. By optimizing our governance structure and reinforcing our risk control
system we maintain stable operations amid complex market conditions. 1female director 11.11% of female directors
Corporate Governance Structure
ZTT has established a comprehensive governance system to ensure checks and balances in decision - making execu-
tion and supervision. The structure includes the General Meeting of Shareholders the Board of Directors the Supervi-
sory Board and senior management supported by specialized committees such as the Audit Committee the Nomi- Female governors2 11.76% female governors
nation Committee the Remuneration and Evaluation Committee and the Strategy and ESG Committee. ZTT Governance Key Performance
General Meeting of Shareholders：The highest authority of The Company responsible for electing ESG Governance and Decision-Making Mechanisms
directors and making decisions on major matters. ZTT has established a comprehensive ESG governance system to ensure that ESG issues are prioritized at the strategic level. As
Board of Directors：Responsible for strategic planning decision-making and oversight of the company with part of this system the company's ESG report is submitted to the Strategy and ESG Committee as a special motion for consider-
several specialized committees to ensure professional governance. ation. Once approved by the Committee it is then submitted to the Board of Directors for formal deliberation and approval. This
Supervisory Board： ensures that ESG management aligns with the company's overall strategy.Responsible for the supervision of the company's financial situation and the manage-
ment's performance of its duties. At the governance level the company strictly complies with the "Connected Transaction Management System." This system
specifies the scope review mechanisms and decision-making processes for connected transactions. All connected transactions
Senior management：including general manager deputy general manager financial controller etc. are reviewed by the Audit Committee and then submitted to the Board of Directors for consideration. To ensure governance
responsible for the daily operation and management of the company. fairness directors and shareholders involved in connected transactions must abstain from voting.To enhance the transparency of corporate governance the company in accordance with the Working Rules for the General
ZTT Architecture Diagram Manager stipulates that the General Manager must regularly report to the Board of Directors on matters such as the implemen-
tation of the company's strategies progress of major investment projects implementation of board resolutions and other
Shareholders' General Meeting board - mandated items. In 2024 the company held 10 board meetings where management submitted 47 major motions to the Board of Directors to ensure scientific and effective decision - making.ESG Capacity Building and Governance Optimization
Supervisory Board To enhance ESG governance capacity the company actively promotes ESG management training for its management team. The
management has participated in ESG disclosure training organized by the Shanghai Stock Exchange gaining in - depth knowl-
Board of Directors edge of industry best practices including the "Guidelines on Sustainability Reporting for Listed Companies." Additionally the
company has engaged internationally renowned organizations to provide ESG - themed training helping the senior manage-
ment team enhance their understanding of ESG risks and opportunities and ensuring effective integration of ESG strategies into
Board Secretary the company's operations.Remuneration and Incentives
The company has incorporated ESG performance indicators into the compensation assessment system for key management
Strategic Compensation personnel. Adhering to the compensation management mechanism of "determining the grade by position determining the
and Nomination Audit and salary by grade and adjusting the salary by grade" the company combines short - term and long - term incentive systems. These
ESG Committee Committee Committee Assessment Committee include operating contribution awards innovation incentives and employee shareholding plans ensuring that the compensa-
tion system aligns with the company's long - term development goals.The company has also established a comprehensive performance appraisal mechanism for senior management personnel
General implementing annual appraisals. The compensation package is reviewed by the Board of Directors' Remuneration and Appraisal
Manager Committee and approved by the Board of Directors ensuring that compensation policies comply with corporate governance
norms and sustainable development requirements.
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Environmental Social and Corporate Governance (ESG) Report 2024
Investor Protection and Disclosure
The company places great emphasis on investor relations management and has established a comprehensive communication The company enhances its financial soundness by means of improving the compre-Financial risk
and information disclosure mechanism. hensive budget mechanism standardizing the process of using funds and strength-
ening the feasibility analysis of investments.Investor communication：set up an investor consultation phone number and ensure continuous communica-
tion with investors through SSE e-interactive email and other channels.2024 The company held a total of 3 performance
presentation meetings at SSE Roadshow Center. Legal and
The company reduces the likelihood of legal disputes and compliance failures
Compliance Risks through the establishment of a legal compliance management system employee
Share repurchase：The company implemented 2 phases of share repurchase program and by the end of the report- ethics training and enhanced policy sensitivity analysis.ing period it had repurchased a total of 9437200 shares and paid a total amount of 16.15 million USD.Returns to shareholders：In 2024 The company considered and approved a cash dividend for 2023 of 0.308 USD The company continues to optimize its governance structure and job settings
(tax included) per 10 shares totaling 105.45 million USD. Operational risk establish a sound incentive mechanism and safety management system promote
Information Disclosure： the construction of corporate culture and consolidate the foundation of operation The company strictly follows the "Administrative Measures for Information Disclosure of and management.Listed Companies " and has released 69 temporary announcements and 4 periodic reports in 2024 to ensure that investors have
a timely and accurate understanding of The Company's operations. Case
Tax Administration "Quantifying Risks" for Proactive Prevention and Controls
ZTT strictly abides by domestic and international tax regulations to ensure tax compliance. In line with the company's actual
operations we have established a robust tax management system. Pursuant to relevant laws and regulations the company has
During the 2024 "Risk Warning Day" and "Risk Investigation Month" activities ZTT Aluminum Wire stood out by
formulated the "Financial Risk Control Management System" to standardize tax declaration tax planning and risk control. This
ensures lawful tax obligation fulfillment and enhances the efficiency of tax management. developing a novel risk management approach characterized by being "visible measurable and manageable."
Against a backdrop of complex operations and diverse business risks ZTT Aluminum Wire moved beyond mere
The company's finance department is responsible for tax compliance. It regularly monitors changes in tax policies assesses
potential tax risks and implements appropriate measures to mitigate compliance risks. Additionally the company strengthens "form - filling and submission." Instead it deeply integrated risk management into actual business operations. The
tax supervision through a comprehensive financial risk management system. This ensures that tax management aligns with the company systematically identified risk points across strategic financial and operational domains and refined key
company's overall financial planning and supports the company's sound operations. risk indicators for the first time. This transformed abstract risk performance into quantifiable and monitorable data
Corporate Risk Management System indicators.The company has established a comprehensive risk management system that covers strategy market finance legal and For instance by analyzing historical data the company set early warning thresholds for metrics such as capital
compliance dimensions.turnover rate and procurement anomaly rate. Upon being triggered these thresholds immediately activated a
The Board of Directors：assumes the highest risk management responsibility and sets The Company's overall risk linkage mechanism achieving "early identification and rapid response."
management policy.Management：carries out risk identification and assessment implements risk management measures and monitors the Led by the general manager departments including finance operations and quality worked together to embed
status of risks. risk prevention and control into daily management. This enhanced internal control accuracy and strengthened the
Audit and Performance Department: Responsible for the construction of early warning mechanisms and dynamic risk management awareness and responsibility of all employees. ZTT Aluminum Wire's practices were then
adjustment of management strategies. promoted across the entire system. Practice has proven that risk management is not just a "tick - box exercise" but
Main risk categories and countermeasures： a "steering wheel" guiding the sustainable and sound development of the enterprise. During the "Risk Warning
Day" and "Risk Investigation Month" activities ZTT Aluminum Wire identified 40 risk points and achieved a 100%
The company attaches great importance to the identification and management of various types of risks and effectively risk rectification rate significantly improving risk prevention and control capabilities and management effective-
safeguards the sound operation and sustainable development of the enterprise by regularly identifying the performance of
ness.risks evaluating the potential impacts and formulating targeted control measures in accordance with the characteristics of the
business.Internal control system structure
The company has established a full-coverage internal control system in accordance with the Basic Standard for Enterprise
Strategic risk Targeted measures include the deployment of a professional strategy team optimi-
zation of information system support and regular review and improvement of . Internal Control to ensure operational compliance financial transparency and asset security.Decision-making level (Board of Directors): approves the internal control system and monitors its implementation.The company reduces the impact of such risks by strengthening market research Executive level (management):Specific implementation of internal control policies.Market risk optimizing distribution management improving customer service system and brand Supervisory level (Audit Performance Department): Regular internal audits are conducted to assess the
building. effectiveness of the internal control system.
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Environmental Social and Corporate Governance (ESG) Report 2024
Key internal controls:
Anti-corruption Policy for Suppliers
Financial management Procurement and supply Information securitychain management management Internal Audit ZTT adopts a zero - tolerance policy towards supplier corruption and any other prohibited business practices. The company
demands that suppliers comply with relevant laws and regulations concerning bribery and corruption as well as adhere to
ethical business conduct. Strict monitoring is implemented at every stage of the process from supplier admission bidding
contract signing to project execution. During the reporting period 704 external suppliers received anti - corruption training from
Regular compliance ZTT with 3 participating in on - site integrity promotion activities.implementation of a strengthen supplier Strengthen the data reviews of various Process for handling anti-corruption incidents
multi-level approval access review and security system to business processes
mechanism to strictly optimize the procure- ensure information to continuously optimize the gover- Reporting Screening File a case End of control financial risks. ment process. compliance. nance system. and and for Formal investigation
Receiving verification investigation survey andsummary
A total of 2024 was carried out Anti-Corruption Training
The company conducts training sessions for its employees on relevant laws and regulations as well as the Code of Ethics. These
Internal Audit Performance of ZTT 2024 training initiatives are designed to ensure that employees gain a thorough understanding of the concepts outlined in the Code of
Conduct. They also help employees distinguish between legal and illegal activities ethical and unethical behavior as well as
3 8 integrity in the workplace.During the reporting period a total of 3957 employees participated in anti-corruption training programs.outgoing audits special audits
8auditsregular internal 8special investigations
The company is committed to deepening its robust governance system. We will continue to optimize our governance risk
management and internal control mechanisms to promote the company's high - quality and sustainable development.Integrity training 单位
7.2 Integrity in business
Typology Norm Unit
Business Ethics
ZTT is dedicated to creating and maintaining a business environment based on compliance integrity and honesty. In all Total number of operating sites for which corruption 58 classifier for individual things or people risk assessments have been conducted general catch-all classifier
business activities strictly complies with the "Anti-Unfair Competition Law" "Provisional Provisions on the Prohibition of
Commercial Bribery" and other laws and regulations and scrupulously abides by the ethical norms of fairness trust and Percentage of operating sites for which a corruption risk assessment has been conducted 100% percentage
openness and requires that all employees are committed to complying with The Company's anti-corruption related manage-
ment system and anti-corruption laws and regulations on business activities so as to jointly build a sustainable business Number of members of governance man
trained in anti-corruption 12
environment.Percentage of managers receiving
Anti-graft Measures and Policies anti-corruption training 100% percentage
ZTT firmly resists all forms of corruption. The company is dedicated to continuously enhancing its business ethics system. It has classifier for families or businesses
established clear principles for personnel regarding anti - bribery anti - conflict of interest and anti - unfair competition behav- Number of suppliers 2665 e.g. shops companies
iors. By having employees sign the Integrity Commitment Letter the company provides a solid guarantee for ensuring compliant Number of incidents in which corruption 0 classifier for clothes luggage decorations; operations. In addition employees are encouraged to report corrupt behaviors and whistleblowers are strictly protected. has been brought to court piece of work; a matter an event
Integrity Reporting channels zttma@ztt.cn Number of employee on-site 3 classifier for sporting or
Mailbox. zttps_audit@ztt.cn integrity promotion sites recreational activities
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Environmental Social and Corporate Governance (ESG) Report 2024
7.3 Data Security and Privacy Protection Information security three-dimensional defense model
As a high - tech multinational enterprise with international influence in the fields of communication new energy and ocean
engineering data security and privacy protection are not only fundamental guarantees for our business operations but also
crucial elements for achieving sustainable development and enhancing market competitiveness.
1.Database Security Defense
2.Application System Security Defense
3.Server Security Defense
4.Network Security Defense
5.Basic Information Security Defense
ISO 27001 ZTT 6.Group - wide Threat Perception and Monitoring
Management System Certification 7.Government - organized Attack Defense Drills
and Vulnerability Testing
Our company firmly grasps the three key elements of people systems and technology in information security management. During
the process of enterprise digital construction information security follows the three - synchronous principles of synchronous
planning synchronous construction and synchronous use. We organize an information system level protection (Level 3) assessment
on an annual basis. During the reporting period the company achieved a score of 87.08 points in the annual evaluation.We have established a dedicated privacy position to oversee the legality and transparency of data processing activities. From the
moment of data collection we ensure that every step of the process meets the strict requirements of the GDPR. Customer data is
collected based on explicit consent and for clear limited purposes. We have also implemented a convenient mechanism to respond
Improving the Governance System to data subject rights requests enabling customers to easily exercise their rights to access rectify and delete their data.ZTT has established an information security management organization with the technology committee as the governance layer. Ongoing sensitization exercises
Under this structure the Digital Department and the Information Security Group have been set up to collaboratively implement During the reporting period the company organized 15 information security training sessions for digital officers and required digital
the management objectives of privacy protection and data security. officers from each unit to conduct secondary training within their respective units.Technical Committee
Supply Chain Data Security
We assist our suppliers in establishing a comprehensive data security management system by providing full - scale technical support
Organizational structure of Digital Department and training ranging from data categorization and hierarchical protection to emergency response for data leakage. Additionally we
information security management have implemented a strict monitoring mechanism to regularly review our suppliers' data security management practices ensuring
that they consistently meet our high standards.Information Security Group
Core information security management and Customer Privacy Protection
technical team of 7 members Our service philosophy centers on "customer first" and we integrate privacy protection into every aspect of our business processes.At the design stage of our products and services we embed privacy protection and adhere to the "privacy by design" principle. During
The company strictly complies with all relevant domestic and international laws and regulations and updates its information the data collection process we strictly follow the principle of data minimization collecting only the data necessary to provide services
security management systems on a timely basis. A data and privacy compliance management system has been established to our customers.centered on the“ Compilation of Information Security Management Systems (FY2024)”. We incorporate data security require-
ments into the entry conditions for suppliers clarify their responsibilities and obligations in data protection and work together 2024
to build a robust data security protection network.Establishing Monitoring Mechanisms
The company regularly conducts comprehensive risk assessments of its internal information management systems and carries Number of com- Number of Number of plaint incidents
out quarterly information security inspections and emergency preparedness drills covering physical environment communica- involving leakage incidents of incidents penalized
tion network regional borders computing environment etc. to proactively prevent potential cybersecurity risks. Based on the of customer 0 violation of by regulators for 0
assessment results we formulate security policies covering multiple levels such as access control data encryption and intrusion privacy client privacy
0 privacy breaches
detection. During the reporting period ZTT carried out information security audits on 21 units penetration tests and vulnerability
scans on 99 systems and no information security incidents were recorded.
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8. Appendices
8.1 Assurance Statement
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Environmental Social and Corporate Governance (ESG) Report 2024
8.2 Reporting Statement
Purpose of the Report Reporting Basis
The purpose of the report is to systematically disclose the management concepts practice progress and performance of Zhongtian The report is prepared in compliance with the requirements of the Global Reporting Initiative Standards (GRI Standards). Meanwhile
Technology Group Co. Ltd. (hereinafter referred to as "ZTT Group") in the areas of environmental social and governance (ESG) and it is developed with reference to the following mainstream international and domestic sustainability reporting standards and
to respond to the stakeholder concerns and expectations on the company's sustainable development efforts. Through the release of frameworks aiming to comprehensively objectively and transparently disclose ZTT Group’s ESG performance and management
the report the company hopes to strengthen communication and engagement with all stakeholders enhance disclosure transparen- practices. The specific standards include:
cy and showcase the solid actions and achievements of ZTT Group in promoting high-quality development and fulfilling social
responsibility across its core business areas of telecommunication power renewable energy and marine system.Guidelines No. 14 of Shanghai Stock Exchange for Self-Regulation of Listed Companies—Sustainability Report (Trial);
Reporting Scope and Timeframe
Organizational Scope： SASB Hardware Industry Standard;
Unless otherwise stated the report covers the headquarter of ZTT Group all affiliated holding subsidiaries and major operational
entities. The organizational structure and coverage are consistent with the company's annual report. United Nations Sustainable Development Goals (UN SDGs);
For the abbreviations of the company names mentioned in the report please refer to the following table for the corresponding
subsidiaries of ZTT Group: IFRS Sustainability Disclosure Standard IFRS S2: Climate-related Disclosures.Zhongtian Submarine Cable Zhongtian Technology Submarine Cable Co. Ltd.Zhongtian Aluminum Wire Shanghai Zhongtian Aluminium Wire Co. Ltd. Data Sources and Assurance
The data and information disclosed in the report are primarily sourced from ZTT Group’s internal management systems data
collection and publicly disclosed documents across various functional departments and business segments. The company ensures
Zhongtian India ZTT INDIA PRIVATE LIMITED the authenticity accuracy and completeness of the information through a sound internal control mechanism and multi-level review
processes. During the reporting period we also engaged qualified third-party institutions to conduct data verification and assurance
Zhongtian Morocco ZTT MAROC SARL AU to enhance the report’s transparency and credibility.Zhongtian Indonesia PT ZTT CABLE INDONESIA
Feedback & Contact
Zhongtian Brazil ZTT DO BRASIL LTDA ZTT Group welcomes all stakeholders to provide feedback and suggestions on the content of the report to help the company continu-
ously improve its ESG management and the quality of sustainability disclosure. If you have any comments or suggestions please
Zhongtian Turkey DEM?RER KABLO TES?SLER? SANAY? VE T?CARET ANON?M ??RKET? contact us through the following channels:
Email: zttcb@ztt.cn
Timeframe: Address: No. 88 Qixin Road Economic and Technical Development Area Nantong City Jiangsu Province P.R. China
The report mainly discloses ESG-related information for the period from January 1 2024 to December 31 2024. In order to ensure
data continuity and comparability some of the content may be traced back to previous years or extended to the latest development Forward-looking Statements
in 2025 as needed. Some contents of the report contain forward-looking statements including but not limited to the company's future strategies
business development plans and ESG objectives. Such statements may be affected by multiple factors such as the macro-environ-
ment industry changes and the company's operations and the actual results may differ from the expectations. ZTT Group will update
Publication Cycle: relevant contents in a timely manner according to the progress and does not assume legal liability for such forward-looking
ZTT Group publishes its ESG report on an annual basis and this marks the 21st consecutive report published by the company. statements.
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Environmental Social and Corporate Governance (ESG) Report 2024
8.3 Index Table
8.3.1 United Nations Sustainable Development Goals (SDGs)
8.3.2 Content Index of GRI Sustainability Reporting Standards (GRI Standards)
SDGs Location SDGs Location
Standards.Disclosure Location Reason for omission
75
76
77
Action
71
Action
Action Action
Governance
54
Action
55
54
54
54
55
55
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Environmental Social and Corporate Governance (ESG) Report 2024
55
44
55 community
55
/
55
/
55/
/
//
75
75
68
/
17/
39
65
1865
19
17
16/
16
/
41-42/
//
4428
29
44
29
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Environmental Social and Corporate Governance (ESG) Report 2024
2931
30
30
30/
30
31
31
43
31
biodiversity /
/
/49
51
23-26 investigation
26
/52
/49-51
/
/
49
31
3150
31
3146
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45
53
44
53
43-44/
44/
44
39
3957
3957
53
57
3957
labeling
53
57
53
57
53 communications
49
procedures 49
/
/
55
55
55
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8.3.3 Content Index of SASB Standards (SASB) 8.3.4Content Index of Guidelines No. 14 of Shanghai Stock Exchange for Self-Regu-lation of Listed Companies—Sustainability Report (Trial)
Topic
Location
Code
TC-HW-230a.1
Security
TC-HW-330a.1
Inclusion
TC-HW-410a.1
TC-HW-410a.2 Innovation-driven
TC-HW-410a.3
Management
TC-HW-410a.4
Employees
TC-HW-430a.1
Integrity
TC-HW-430a.2
Management Integrity
TC-HW-440a.1
Sourcing chains
TC-HW-000.A
Background
TC-HW-000.B
Metric Background
TC-HW-000.C
Background
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Environmental Social and Corporate Governance (ESG) Report 2024
workers
Integrity
anti-competitive Integrity
8.4 Reader Feedback
Dear Reader:
Open-ended questions:
Thank you for reading the Environmental Social and Governance (ESG) Report of ZTT for the year of 2024. We sincerely invite you to
provide your valuable comments and suggestions on the report to help the company continuously enhance its ESG disclosure practic- What is your overall evaluation of the report
es and constantly advance its ESG management. Which part of the report interests you the most
What information not reflected in the report would you still like to obtain
To this end we have prepared a feedback form which we cordially invite you to complete and return to us. Your support and participa- What suggestions do you have for the company's future ESG management and information disclosure
tion are vital for us to improve and refine our ESG related work. Thank you!
Multiple-choice questions (please tick“ ? ” in the designated areas) If convenient you are welcome to provide your personal information.Options Excellent Good Average Poor Name: Phone number:
This report comprehensively and accurately reflects the company's significant
impacts on the economy society and environment.Company: Email:
The information indicators and data disclosed in the report are clear
complete and accurate.The language description content arrangement and graphic design For more corporate information please visit the company's official website: www.ztt.cn
of the report are clear and easy to read.Feedback email: zttcb@ztt.cn
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