Stock Code：601100

J i a n g s u H e n g l i H y d r a u l i c C o . L t d . Corporate

Social Responsibility

(CSR) Report

www.henglihydraulics.comAbout This Report

Report Time Period Data Source

Jan. to Dec. . To ensure the continuity and comparability of disclosure matters some information The data sources used in the report include publicly available data from government departments relevant

contents shall be extended forward or backward as appropriate. internal corporate statistical reports administrative documents and reports.Report Reference Standard Title description

This report is prepared with reference to the Guidelines for Environmental Information Disclosure of Listed Com- For clarity and convenience Jiangsu Hengli Hydraulic Co. Ltd. is referred to as "Hengli Hydraulic" "the Compa-

panies on the Shanghai Stock Exchange and the Self-Regulatory Guidelines for Listed Companies on the Shang- ny" or "we" in this report.hai Stock Exchange No. - Sustainability Development Report (Trial).Foreword Corporate Responsibility Practices

Foreword Shareholder Responsibilities

Social Responsibility

About Us - Corporate Culture Construction

- Environmental Responsibility

. Cmpany Profile - Employee Responsibility

Company Introduction

Corporate Strategy Future Prospects

- Industrial Layout

Future Prospects

. Corporate Governance

- Corporate Governance Key Quantitative Performance

- Key Quantitative Performance

Development Responsibility

- Corporate EventsChairman's Speech

is a year of resolute advancement for the company as it anchored its strategic goal of "R&D Jiangsu Hengli Hydraulic Co. Ltd. was established in with its predecessor being Jiangsu Hengli High-Pres-

Innovation Breakthrough Year" achieving progress in technological breakthroughs management sure Oil Cylinder Co. Ltd. Its entrepreneurial history can be traced back to the early s.upgrades and global layout. Facing a complex and changeable market environment and industry

competition the company takes "technology-based and innovation-driven" as the core engine and

achieves systematic breakthroughs in nine aspects including new product development efficiency All along Hengli has consistently adhered to the corporate vision of "Building a Timeless Enterprise Striving for

improvement quality control safety production and management and operation. These accom- a Future of Excellence" upheld the cultural philosophy of "Social Responsibility Outweighs Corporate Profits"

plishments not only consolidate its leadership in the industry but also demonstrated the corporate and committed to innovation and actively fulfilling social responsibilities. Now the company has developed into

responsibility of "Strong Country in Intelligent Manufacturing" with tangible actions.a leading enterprise in high-end manufacturing in the field of hydraulics in China and will continue to create

Innovation-driven development and shoulder the mission of serving the nation through industry. more value for China's capital market in the future.As a leader in China's hydraulic industry we fully recognize the importance of achieving indepen-

dent and controllable core technologies. In Hengli's self-developed achievements such as the

Jiangsu Hengli Hydraulic Co. Ltd.: As an enterprise with strong social responsibility we consistently uphold the core values of "Value Innovation world's largest piling ship cylinder and the VN high-pressure heavy-duty pump that broke

Chairman Liping Wang through the "bottleneck" technology not only filled the domestic gap but also empowered the Cultivation and Trust" while pursuing our own continuous growth and development emphasize the synergistic

independent construction of major national projects. development of economic and social benefits and strive to achieve the harmonious coexistence between the

company the society and the environment.Empower with green intelligent manufacturing to safeguard our green mountains and clear

waters homeland

We have always integrated green development into the corporate gene. In the construction of the

intelligent production base the coating line adopts electrostatic spray gun technology reducing

paint waste while significantly improving product surface quality and production efficiency. The

non-standard cylinder production line has undergone lean layout optimization shortening logistics

distance by meters and reducing energy consumption and carbon emissions. The construction

of our Mexico plant strictly complies with international environmental standards and embodies our

commitment to "local production global responsibility." In the future we will continue to explore

green manufacturing processes and contribute the Hengli solution to the "dual-carbon" goals. Foreword

Employee-oriented creating a secure and happy haven.Employees are the greatest treasure of Hengli. In we invested over million yuan in upgrad-

ing safety facilities and implemented "Mobile Safety Management". A total of safety training

sessions were conducted throughout the year achieving "zero occurrence" of major accidents.Through mechanisms such as "Improvement Proposals" the innovation vitality of all employees was

inspired with more than suggestions adopted throughout the year empowering frontline staff 1990 2024

to take the lead in enhancing quality and efficiency. We continue to improve our talent development

system and have recruited nearly fresh graduates providing a growth platform for young talents.Hengli is not just a company but a big family full of temperature and opportunities.As we look toward the journey of responsibility is endless. We will adhere to the core values of

"Quality-oriented Innovation-oriented Employee-based and Green-oriented" demonstrate the

original intention of serving the country through technology in the technological breakthroughs

protect the earth's home in the green transformation and convey the responsibility and kindness of

Chinese enterprise in the Journey of Globalization.Chairman of Jiangsu Hengli Hydraulic Co. Ltd.:

-- is a year of resolute advancement for the company as it anchored its strategic goal of "R&D

Innovation Breakthrough Year" achieving progress in technological breakthroughs management

upgrades and global layout. Facing a complex and changeable market environment and industry

competition the company takes "technology-based and innovation-driven" as the core engine and

achieves systematic breakthroughs in nine aspects including new product development efficiency

improvement quality control safety production and management and operation. These accom-

plishments not only consolidate its leadership in the industry but also demonstrated the corporate

responsibility of "Strong Country in Intelligent Manufacturing" with tangible actions.Innovation-driven development and shoulder the mission of serving the nation through industry.As a leader in China's hydraulic industry we fully recognize the importance of achieving indepen-

dent and controllable core technologies. In Hengli's self-developed achievements such as the

world's largest piling ship cylinder and the VN high-pressure heavy-duty pump that broke

through the "bottleneck" technology not only filled the domestic gap but also empowered the

independent construction of major national projects.Empower with green intelligent manufacturing to safeguard our green mountains and clear

waters homeland

We have always integrated green development into the corporate gene. In the construction of the

intelligent production base the coating line adopts electrostatic spray gun technology reducing

paint waste while significantly improving product surface quality and production efficiency. The

non-standard cylinder production line has undergone lean layout optimization shortening logistics

distance by meters and reducing energy consumption and carbon emissions. The construction

of our Mexico plant strictly complies with international environmental standards and embodies our

commitment to "local production global responsibility." In the future we will continue to explore

green manufacturing processes and contribute the Hengli solution to the "dual-carbon" goals.Employee-oriented creating a secure and happy haven.Employees are the greatest treasure of Hengli. In we invested over million yuan in upgrad-

ing safety facilities and implemented "Mobile Safety Management". A total of safety training

sessions were conducted throughout the year achieving "zero occurrence" of major accidents.Through mechanisms such as "Improvement Proposals" the innovation vitality of all employees was

inspired with more than suggestions adopted throughout the year empowering frontline staff

to take the lead in enhancing quality and efficiency. We continue to improve our talent development

system and have recruited nearly fresh graduates providing a growth platform for young talents.Hengli is not just a company but a big family full of temperature and opportunities.As we look toward the journey of responsibility is endless. We will adhere to the core values of

"Quality-oriented Innovation-oriented Employee-based and Green-oriented" demonstrate the

original intention of serving the country through technology in the technological breakthroughs

protect the earth's home in the green transformation and convey the responsibility and kindness of

Chinese enterprise in the Journey of Globalization.Chairman of Jiangsu Hengli Hydraulic Co. Ltd.:

About Us Hengli Hydraulic Corporate Social Responsibility (CSR) Report

. Company Profile

Company Introduction Corporate Strategy

Jiangsu Hengli Hydraulic Co. Ltd. was established in with a registered capital of . million RMB. It is a listed company on the The company will firmly implement its strategy of "Internationalization Diversification and Electrification." The company will continue to

A-share Main Board (Stock Code: SH). Hengli Hydraulic is a leading enterprise specializing in the R&D production and sales of series deepen and strengthen its domestic market share while gradually enhancing the brand recognition and market share of its products in

products including high-pressure hydraulic cylinders hydraulic pumps hydraulic valves hydraulic systems high-precision hydraulic overseas regions. The company will also steadily expand the globalization of its production capacity enhance its global operation capabilities

castings and pneumatic components and is a demonstration enterprise of the dingle champion of the Ministry of Industry and Information and deliver more efficient and premium services to overseas customers. The company will increase investment in research and development

Technology (MIIT) a demonstration enterprise of the Foundation Reinforcement Project 'One-Stop' Application Plan of the Ministry of Indus- uphold its innovation-driven growth strategy and technological leadership diversify its product portfolio and continuously broaden down-

try and Information Technology (MIIT) a national high-tech enterprise a national intellectual property demonstration enterprise a China stream applications and scenarios. The company will strategically develop relevant electric control and execution devices to meet the electrifi-

green casting demonstration enterprise and a national and industry standard development organization. cation demands of downstream industries including construction machinery marine equipment and industrial equipment. The company is

committed to becoming a first-class domestic and world-renowned high-end transmission equipment supplier and transmission solution

Hengli Hydraulic has established seven R&D centers worldwide including Hengli International R&D Center (Changzhou China) Hengli

provider.Chicago R&D Center in the United States Hengli R&D Center in Berlin Germany Hengli China R&D Center in Shanghai and Hengli R&D Center

in France. The company has established Asia's largest hydraulic cylinder R&D center and the only "Jiangsu Provincial Engineering Technology Mobile Hydraulic And Linear Drive Technology

Research Center for Miniaturized and Lightweight Design of Ultra-High Pressure Hydraulic Cylinders" in Jiangsu Province as well as many Electronic Components

scientific and technological innovation platforms such as Jiangsu Province High Pressure Cylinder Engineering Center Jiangsu Province Hydraulic cylinders Electric cylinders

Enterprise Technology Center Jiangsu Province Postdoctoral Workstation Jiangsu Province Graduate Workstation and Jiangsu Province Hydraulic pumps Ball screws

Hydraulic multi-way valves

Foreign Expert Studio. Guideways

Threaded cartridge valves

Hydraulic motors

After years of innovative development Hengli Hydraulic has become a leading enterprise in China's hydraulic industry. It is the first listed

Orbital motors

company in China's A-share market primarily engaged in hydraulic businesses and the Hengli Hydraulics is the only independent brand Electric Drive Components

Electronic control components

among China's top four excavator cylinder manufacturers. Currently Hengli is the world's largest production base for high-pressure oil

High-Speed motor drive assemblies

cylinders and the world's largest manufacturer of specialized hydraulic cylinders for shield tunneling machines. The products have expanded High-Performance motors

Industrial Hydraulic And

from a single hydraulic cylinder product to extended industries such as hydraulic valves hydraulic pumps hydraulic systems and precision Electric drive system assembliesPneumatic Components

castings. Hengli Company has successively invested in and established three major bases: Hengli Hydraulic Cylinder Hengli Casting and

Hengli Hydraulics. With a global layout the company has established overseas sales and service subsidiaries in Europe the United States Industrial cylinders

Industrial pumps Technical Components

Japan India and Indonesia to develop international markets. Henli's products are sold in more than countries and regions serving more

Industrial valves

than organizations worldwide. Industrial motors Castings

Hydraulic system integration Seals

Pneumatic components Cold-Drawn tubes

-- -- About Us Hengli Hydraulic Corporate Social Responsibility (CSR) Report

Hengli has consistently dedicated substantial effort and TBMs and shield tunneling machines in domestic and interna-

financial resources to technology and product research and tional markets.development while also setting ambitious strategic develop-

ment goals: Focus on the main business take hydraulics as the In the marine engineering field it has integration capabilities

core and expand various hydraulic product categories. There- for T marine platform latch lifting hydraulic system and

fore after the high-pressure oil cylinder reached stable develop- development capabilities for T-class drag-suction dredger

ment Hengli develops pumps and valves with higher technical hydraulic systems.complexity and added value aiming to break the foreign brands'

monopoly on high-end hydraulic components and overcome The successful research and development of EHA system

the "bottleneck" technology. integration demonstrates the strength of developing high-preci-

sion servo actuators.Hengli invested million yuan in its listing year to build

China's first large-scale production base for high-precision Hengli has successively overcome technical challenges in key

hydraulic castings. The key is to grasp the core of high-end components such as high-pressure oil cylinders and hydraulic

hydraulic components which echoes the saying "Master pumps and valves establishing R&D and manufacturing capabil-

Casting and You Master Hydraulics." ities for delivering high-end hydraulic components and systems.It has become a leading domestic enterprise capable of compet-

With the official commencement of production by the casting ing with foreign brands. To further highlight the nature of its

company in Dec. Hengli met the quality and capacity main business the parent company's name was changed from

demands for high-precision hydraulic castings required by Jiangsu Hengli High-Pressure Oil Cylinder Co. Ltd. to Jiangsu

high-pressure oil cylinders and hydraulic pump valves. This also Hengli Hydraulics Co. Ltd. in our commitment to

demonstrates that Hengli has progressively built the industrial excellence as a high-end hydraulic component and system

foundation for mass production of pumps and valves. Thus in integration provider.. Company Profile the company established Jiangsu Hengli Hydraulic

Technology Co. Ltd. focusing on the development of high-per- Currently the series of excavator-specific oil cylinders

formance hydraulic piston pumps and multi-way control valves. developed by Hengli are widely used in supporting equipment

— I n d u s t r i a l L a y o u t for internationally renowned construction machinery manufac-The company successively hired dozens of experts in the field of turers such as Caterpillar Hitachi Construction Machinery Sany

pumps and valves from many countries such as Germany Heavy Industry and XCMG Excavators. This has earned Hengli to

Japan and the United States and invested in equipping world's become the only enterprise in Asia to receive the Platinum

leading scientific research facilities and technical processes. Quality Award from Caterpillar for five consecutive years with a

After more than two years of dedicated efforts the company domestic market share more than % ranking first in China

successfully developed high-pressure piston pumps and and top three in the world; the specialized cylinders for shield

multi-way control valves specifically for T/T excavators. This tunneling machines are used in large-scale shield tunneling

pioneering initiative has energized the market of China's machines such as CCCC's "Great Wall" series achieving a domes-

engineering machinery industry making the localization of tic market share of over % and ranking first in China. Hydraulic

high-end hydraulic components a reality. After supplying in bulk actuators are used in the construction of NAOC (National

to supporting units such as Sany Heavy Industry XCMG Group Astronomical Observatories)'s FAST (Five-hundred-meter

and LiuGong Group customer feedback indicates that the Aperture Spherical radio Telescope) project. The marine

product performance has reached and even surpassed that of corrosion-resistant and wear-resistant composite coated

mainstream international products. cylinder was delivered and used to the "Wanshan" wave

compensation power generation device and the "Nanhai " oil

In with the establishment of the Hydraulic Systems drilling platform; the domestic market share of hydraulic pumps

Division Hengli has the ability to independently design and and valves exceeds % ranking second in China among which

manufacture high-performance hydraulic test benches. In early the proportion of small excavator pumps and valves exceeds

Shanghai Lixin Hydraulic's system division was merged % ranking first in China.into the Changzhou production base marking the beginning of a

new journey in integrated system design and manufacturing.The division has already achieved remarkable accomplishments

in various fields.Providing complete hydraulic system assemblies for various

-- -- About Us Hengli Hydraulic Corporate Social Responsibility (CSR) Report

. CORPORATE GOVERNANCE

During the reporting period the Company continuously improved its corporate governance structure and enhanced the management level of internal control in accordance with the Company Law Securities Law Guidelines for Articles of Association of Listed Companies Code of Corporate Governance

for Listed Companies Shanghai Stock Exchange Listing Rules Basic Standards for Enterprise Internal Control as well as the relevant regulations of the China Securities Regulatory Commission (CSRC) and the Shanghai Stock Exchange. This has effectively ensured the standardized operation and steady

and rapid development of the Company.The corporate governance during the reporting period is as follows:

Shareholders and shareholders' meetings Controlling shareholders and listed companies Supervisors and the Board of Supervisors

The company conducted two general meetings of shareholders during the reporting The company's controlling shareholder Changzhou Hengyi Intelligent Equipment Co. The company currently has three supervisors including two employee-elected supervi-

period. The company convenes and holds the general meeting of shareholders in Ltd. lawfully exercises its shareholder rights and fulfills associated obligations through sors. The number and composition of the board of supervisors meet the requirements of

accordance with the relevant provisions and requirements of the Company Law the the shareholders' general meeting without interfering with the normal production and laws regulations and the company's articles of association. The company conducted five

company's Articles of Association the Rules of Procedure for Shareholders' Meetings and operational activities of the company. The company has independent business opera- Supervisory Board meetings during the reporting period. The content primarily involves

Shareholders' meetings are conducted and voted upon through both on-site and online tions and operational autonomy with complete separation from the controlling regular reports and profit allocation. The supervisory board members conscientiously

voting methods. It guarantees equal rights for all shareholders in the company particular- shareholder in business personnel assets organizational structure and financial perform their duties and adhere to a shareholder-oriented approach to supervise the

ly minority shareholders and enables them to fully exercise their voting rights. The aspects. The connected transactions between the controlling shareholder and the legitimacy and regulatory compliance of the directors' and senior executives' fulfillment

shareholders' general meeting of the company rigorously deliberates on connected company have strictly fulfilled the approval procedures of the board of directors and the of responsibilities as well as the company's business operations. The convening and

transactions in compliance with the established procedures. The related shareholders general meeting of shareholders in accordance with the relevant regulations. The holding procedures of the company's Board of Supervisors comply with the relevant

abstained from voting to ensure the connected transaction complies with the principles of independent directors issue a pre-approval opinion and consent opinion. Interested provisions of the Company Law the company's Articles of Association and the Rules of

fairness impartiality and transparency without harming the interests of minority directors and affiliated shareholders shall abstain from voting. Major connected transac- Procedure for the Board of Supervisors. The meetings of the Board of Supervisors shall be

shareholders. The company's lawyer conducts on-site witnessing of the shareholders' tions shall be subject to review opinions issued by the Audit Committee. Legally disclose conducted in accordance with the specified procedures.general meeting and issues the corresponding legal opinion letter. The resolutions of the related-party transactions that reach the disclosure standards. No illegal occupation of

shareholders' meeting are all disclosed promptly and fully after the meeting is held. funds occurred by controlling shareholders or their related parties during the reporting

period.Corporate Integrity and Anti-Corruption Measures

Directors and Board of Directors In order to promote the company's operation in accordance with the law the integrity of

The company currently has directors including independent directors and the Investor relations management employees and protect the interests of the company and the legitimate rights and

number and composition of the board comply with the laws and regulations. A total of six interests of employees the company has developed anti-corruption related systems

board meetings were convened by the company during the reporting period. The meeting During the reporting period the company attaches high importance on investor relations such as "Employee Integrity System" "Anti-corruption and Anti-bribery Control Proce-

content primarily involves regular reports profit allocation related-party transactions management and sets up a dedicated investor email address to respond to shareholder dures" "Fair Trade Advertising and Competition Management System" "Whistle-blow-

and changes in accounting policies. All company directors have exercised due diligence inquiries. We engaged in direct communication with investors through various channels ing Management Measures" and "Sensitive Transaction Gift System" strengthening

acted in good faith familiarized themselves with relevant laws and regulations and including on-site visits securities forums strategy conferences hotline services and compliance management in aspects such as code of conduct gift acceptance and

genuinely protected the interests of both the company and its shareholders. The conven- online interactions receiving over a thousand investor visits throughout the year. whistleblower rewards. An integrity and self-discipline training shall be organized at least

ing and holding procedures of the company's Board of Directors comply with the relevant once a year for employees from procurement outsourcing marketing center finance

provisions of the Company Law the company's Articles of Association the Rules of Proce- and warehousing departments. The training content describes some common types of

dure for the Board of Directors and the Independent Director System. The Board of duty crimes in enterprises including Non-State Functionary Bribery Bribery to Non-State

Directors has established four specialized committees: the Strategy Committee the Functionaries Job Encroachment Misappropriation of Funds Trade Secret Infringe-

Nomination Committee the Remuneration and Appraisal Committee and the Audit Internal control construction ment and Breach of Trust Damaging Listed Company Interests. Supported by multiple

Committee. The committees perform their respective duties in accordance with their concrete case studies the contributing factors to occupational crimes within enterprises

working rules making the company's decision-making more efficient standardized and The company effectively implements the provisions of the "Basic Norms for Enterprise and their legal consequences are analyzed and various types of unlawful actions are

scientific. Internal Control" and its supporting guidelines and the company's internal control described in detailed. This training serves as a warning to enhance employees' integrity

policies. The Board of Supervisors supervises the establishment and implementation of and anti-corruption awareness.internal control by the Board of Directors while the management team is responsible for To build a fair just and transparent cooperative environment the company requires

organizing and leading the daily operation of internal controls within the enterprise. This suppliers and external contractors to sign the Integrity Responsibility Agreement at the

ensures compliance with laws and regulations in business operations enhances the beginning of collaboration. During the reporting period the contract signing rate with

Information disclosure and transparency company's operation management capabilities and strengthens risk prevention. suppliers and outsourcing vendors reached % during the reporting period.The company establishes official reporting channels such as an integrity hotline and

The Company conducts information disclosure in accordance with relevant regulations of integrity email and carries out integrity promotion through various means to encourage

the "Administrative Measures for Information Disclosure of Listed Companies" issued by employees suppliers and other business partners to participate in the integrity and

the China Securities Regulatory Commission the "Shanghai Stock Exchange Listing compliance supervision system. The company rigorously follows the Employee Integrity

Rules" the Company's Articles of Association and the Company's "Information Disclo- Policy Anti-Corruption and Anti-Bribery Control Procedure and Whistleblowing Manage-

sure Management System." and the Shanghai Securities News and the Shanghai Stock Senior management personnel ment Policy to standardize the investigation and handling mechanisms for reporting

Exchange website are designated as the newspapers and websites for the company's matters. The General Manager's Office is the only authorized department responsible for

information disclosure. The company conducts the registration of insiders with access to During the reporting period all senior management personnel of the company diligently handling fraud-related complaints ensuring the independence and impartiality of

inside information in accordance with the provisions of the "Inside Information Insider perform their duties in accordance with the authorization of the shareholders' meeting investigation results. The company encourages all staff to monitor and report issues.Registration Management System" ensuring equal information access for all sharehold- relevant regulations and the company's rules and policies. Substantiated reports will be rewarded and the anonymity of whistleblowers is guaran-

ers. teed.-- -- Development Responsibility Hengli Hydraulic Corporate Social Responsibility (CSR) Report

. Corporate Events .Strategic cooperation with the Quality Standards Institute of the Ministry of Water Resources

On May Hengli Hydraulics signed a strategic cooperation agreement with the Institute of Product Quality Standards of the

Ministry of Water Resources / Hangzhou Machinery Design and Research Institute of the Ministry of Water Resources in Changzhou.Strategic development at full speed The two sides further exchanged views on the water conservancy industry and future cooperation directions and reached an on-site

agreement on a product-research collaboration project to achieve domestic substitution using Hengli Surface Technology's coating

materials..Hengli International R&D Center Project

In Oct. the civil works and curtain wall works of the R&D building have been successfully completed with a total construction area of

. square meters. Currently the decoration project and landscape greening project of the R&D building are almost finished. Soon .Henli and Siemens Spray Coating Cooperation Project

this "City of Future Technology" integrating R&D office spaces and leisure will add the most brilliant stroke to Hengli's global R&D

blueprint. On Aug. the signing and groundbreaking ceremony for the Hengli-Siemens Energy coating project was grandly held at

Hengli Surface. This not only embodies the shared vision and steadfast belief of both parties in future development but also heralds

a profound transformation in the coating industry - one driven by innovative technologies deep trust close collaboration and

shared prosperity..Hengli Precision Industry

Hengli Precision Industry covers an area of square meters and has a constant temperature humidity and shock resistant

workshop. It officially started production in and has developed dozens of product series. .Main business of construction machinery

In the pump and valve business of Hengli's excavator achieved rapid growth supported by stabilized market demand and

increased market share in medium and large excavators. The general machinery business segment will further expand into areas

.Hengli Mexico such as material handling machinery agricultural machinery and port machinery by focusing on the key points of "one-stop

solutions electrification and customization." achieving a year-on-year revenue growth of over % and maintaining a rapid growth

The construction of our Mexico facility has been successfully completed marking the official commencement of trial production. Initial trend.product samples have already been delivered to customers for evaluation.Honor blessing point "highlight"

Market development depends aggressive efforts .Single champion enterprise in the manufacturing industry

In the first quarter of this year the Ministry of Industry and Information Technology (MIIT) and the China Federation of Industrial Economics

.The world's largest oil cylinder (CFIE) released the list of the eighth batch of national-level manufacturing 'Single Champion' enterprises in . Jiangsu Hengli Hydraulic

Technology Co. Ltd. was awarded the title of "Manufacturing Single Champion Enterprise" for its technological innovation market opera-

On Oct. the world's largest hydraulic cylinder for pile-driving vessels was successfully launched at Hengli's headquarters and tions and industry influence in the field of high-pressure axial piston pumps.officially set the Guinness World Record for "the largest hydraulic cylinder"! This fully demonstrates Hengli's strong capabilities in the

design manufacturing and testing of various super-sized hydraulic cylinders ..First Prize of Science and Technology Award of the Machinery Industry

.-cubic-meter rake suction dredger project On Sep. the results of the proposed award projects for the "Science and Technology Award of the Machinery Industry" were

announced. Jiangsu Hengli Hydraulic Co. Ltd. was honored with the first prize once again for its outstanding contributions in the field of

In China's first -cubic-meter LNG clean-energy-powered rake suction dredger project Hengli provided a complete set of hydraulic key technologies and applications of intelligent rotary drilling rigs following its previous achievement with hydraulic multi-valve products.cylinders and hydraulic systems supporting its integration with the nation's most advanced intelligent system..Global Top Supporting Components for Technological Innovation

.mm-wide thick plate rolling mill project

In Nov. the "Top Annual Ranking of the Construction Machinery Industry" was released. As a benchmark enterprise in the hydrau-

With the rich experience accumulated in the industrial field Hengli Hydraulic provided core systems for a renowned steel enterprise's lic industry Jiangsu Hengli Hydraulic Co. Ltd. was awarded the "Global Supporting Component Top - Technological Innovation" prize

mm wide-thick plate project. They are servo hydraulic system and auxiliary transmission hydraulic system in the rolling mill area for its high-performance products and professional reliable services.pre-aligning hydraulic system hot aligning hydraulic system and cooling bed hydraulic system including hydraulic pump stations

accumulator groups and all control valve stands (including AGC valve stands and AWC valve stands).----

.Institutional Investor Awards Top Industrial Sector Again. In June ranked first in the 'll-Asia' industrial field once again after four years. The company was honored with eight prestigious

awards including 'Asia's Most Admired Company' and 'Asia's Best Board of Directors'..Honored to appear on CCTV twice consecutively

Hengli actively contributes to the green efficient and safe new energy strategy and had the honor of participating in the filming of CCTV

Finance's documentary Energy Wave. and made a brilliant appearance in the third episode 'Power of Heavy Equipment' broadcast on the

evening of March .On Nov. the large-scale new media series program "Intelligent Manufacturing: The Power of Innovation" produced by the Finance

Program Center of China Central Television (CCTV) focused its lens on Hengli Hydraulic delving into multiple industrial sectors of the

company..Single champion enterprise in the manufacturing industry

In the first quarter of this year the Ministry of Industry and Information Technology (MIIT) and the China Federation of Industrial Economics

(CFIE) released the list of the eighth batch of national-level manufacturing 'Single Champion' enterprises in . Jiangsu Hengli Hydraulic

Technology Co. Ltd. was awarded the title of "Manufacturing Single Champion Enterprise" for its technological innovation market opera-

tions and industry influence in the field of high-pressure axial piston pumps..First Prize of Science and Technology Award of the Machinery Industry

On Sep. the results of the proposed award projects for the "Science and Technology Award of the Machinery Industry" were

announced. Jiangsu Hengli Hydraulic Co. Ltd. was honored with the first prize once again for its outstanding contributions in the field of

key technologies and applications of intelligent rotary drilling rigs following its previous achievement with hydraulic multi-valve products..Global Top Supporting Components for Technological Innovation

In Nov. the "Top Annual Ranking of the Construction Machinery Industry" was released. As a benchmark enterprise in the hydrau-

lic industry Jiangsu Hengli Hydraulic Co. Ltd. was awarded the "Global Supporting Component Top - Technological Innovation" prize

for its high-performance products and professional reliable services. Development Responsibility Hengli Hydraulic Corporate Social Responsibility (CSR) Report

.High-speed pump set

.Institutional Investor Awards Top Industrial Sector Again

Responding to the market demands Hengli combines high-efficiency motors and variable displacement pumps and launches a variety. In June ranked first in the 'll-Asia' industrial field once again after four years. The company was honored with eight prestigious of motor and pump assembly solutions achieving the goal of smaller size and higher power density under the same working conditions

awards including 'Asia's Most Admired Company' and 'Asia's Best Board of Directors'. to bring lower operation and maintenance costs to customers..Four-motor reducer system

.Honored to appear on CCTV twice consecutively Driven by four high-speed hairpin motors working in parallel the setup eliminates gear shifts and power loss while maximizing drive

power effectively addressing the industry pain point of high failure rates in transmissions.Hengli actively contributes to the green efficient and safe new energy strategy and had the honor of participating in the filming of CCTV

Finance's documentary Energy Wave. and made a brilliant appearance in the third episode 'Power of Heavy Equipment' broadcast on the

evening of March .Greening

On Nov. the large-scale new media series program "Intelligent Manufacturing: The Power of Innovation" produced by the Finance

Program Center of China Central Television (CCTV) focused its lens on Hengli Hydraulic delving into multiple industrial sectors of the . Hydrogen compressor

company.Independent innovation empowers green development. The specialized oil-free lubrication coating and sealing are perfectly suited for

ultra-high-pressure hydrogen dry friction operating conditions.Sustained Innovation Sets the 'Standard' Product expansion

.New hydraulic motor

As of the end of the company had a total of valid patents including over invention patents and PCT international patents

forming a patent portfolio centered on hydraulic transmission electronic control systems and intelligent equipment. The company has In Hengli has completed the development of travel motors for all types of skid-steer loaders achieving a breakthrough of zero

valid registered trademarks both domestically and internationally. The brand value of "Hengli Hydraulics" continues to rise installation of radial piston motors for agricultural and road machinery. Additionally a revolutionary compact excavator swing motor

establishing itself as a dual benchmark for technological innovation and brand development in the industry. with innovative braking principles has been successfully developed. A total of patents were applied throughout the year including

invention patents and authorized invention patent..Compact hydraulic new products

Performance Improvements

In Hengli increased investment in R&D and production launching approximately types of thread cartridge valves and more

.VN series-connected high-pressure heavy-duty pump than types of valve blocks and balance valves. We continue to provide services to customers in traditional fields such as high-rise

machines excavators and forklifts while achieving breakthroughs in applications for agricultural machinery road machinery loaders

It is the innovatively produced by Hengli and a boost impeller and power take-off are combined simplifying the structure and saving special equipment and industrial fields.installation space. This design also increases displacement reduces the speed and optimizes fuel consumption..Voice coil servo proportional cartridge valve

. HVMEB main valve + VNT main pump

The WRCVE two-way high-frequency response servo proportional cartridge valve ensures system stability and precision with its high-ac-

Energy saving and consumption reduction making mobile machinery more efficient. Compared to the previous generation fuel curacy and high-response closed-loop control helping customers improve production efficiency and reduce operation and maintenance

consumption is reduced by ≥% at the same efficiency level and the valve flow capacity is increased by ≥% at the same volume level.costs..Closed traveling system upgrade

In the new VE/G series high-pressure closed pumps and MV bent-axis variable motors will be launched and the hydrostatic

closed drive system composed of them will be upgraded again which can significantly improve the traveling performance and efficiency

of vehicles.Digital intelligence and electrification

.Electronic pump (VD VG)

The VD series and VG series electronic pumps originated from Hengli Germany InLine product have the advantages of high

precision and high response suitable for large-scale construction machinery and industrial fields.-- -- Corporate Responsibility Practices Hengli Hydraulic Corporate Social Responsibility (CSR) Report

. Shareholder Responsibilities . Social Responsibility

The company attaches high importance on providing reasonable returns to investors. While balancing the company's devel-

opment stage and long-term growth needs we strive to share development dividends with all shareholders and maximize

Over the years Hengli Hydraulics has consis-

both corporate value and shareholder interests. Since its listing in the company has implemented cash dividends every tently adhered to the ideal of serving the

year with the annual cash dividend payout ratio exceeding % of the net profit each year. The cumulative cash dividend nation through industry and the entrepreneur-

amount has reached . billion yuan. ial spirit of hard work and innovation while

The company consistently adheres to the principles of truthful accurate complete timely and fair information disclosure never forgetting the social responsibilities that

a company should bear. The company has

actively fulfills all information disclosure obligations and continuously improves the quality and transparency of corporate been actively participated in a wide range of

information disclosure. The company has been awarded an "A" rating in the Shanghai Stock Exchange's information disclo- charitable initiatives.sure assessment for the seventh consecutive year.The company conducts multi-level communication and exchanges with investors through various channels such as earnings

briefings roadshows and reverse roadshows investor hotlines on-site research and corporate email effectively conveying

the company's value to the capital market. We aim to build a healthy ecosystem where companies and investors work togeth-

Carry out regular Caring for Special Communities Brightening Inner Light: In June the company organized er to enhance the quality of development. condolences for students in special schools and care activities for the elderly in the communi-

social care initiatives ty and there are more than public welfare volunteers in the company throughout the year.to convey warmth In the special school the company's volunteers play games draw and sing songs with the children offering them joy and warmth. In the community volunteers went into the homes of

and hope the elderly who were lonely chatted with them and delivered daily necessities making the

elderly feel the care and respect of the society.Establishment of The company actively builds its public welfare brand with annual cumulative investments

public welfare brand exceeding million yuan. A series of public welfare activities have been carried out in various forms such as blood donation education and assistance conveying love to all

and gathering of corners of society. The establishment of Hengli's public welfare brand has continuously

love power improved the company's social image.On-site discussion of the management level On-site investigation by foreign shareholders

There are more than security alarms throughout the year and more than

security incidents were handled with a % handling rate of the security incident. The

company has established a complete security incident response mechanism to quickly

analyze and handle security alarms and to take timely measures to handle security

incidents ensuring the stable operation of the company's information system. After a year of

dedicated efforts the proportion of high-risk security alerts in the company's information

security system dropped from % in mid-year to % by year-end achieving a remarkable

improvement in information security conditions. The company takes safety production as

Handling security the basic starting point for fulfilling social responsibilities and establishes a special safety

incidents to maintain management department safety committee. The company implements the concept and

action of safety production into all aspects of production and operation by means of improv-

system stability ing the system strengthening management and strengthening training. The company

regularly conduct the investigation and management of potential safety hazards effectively

Investor Service Center Partners with Shanghai Securities News On-site communication at the exhibition preventing and avoiding safety accidents caused by hidden dangers. The company will also

On-Site Research Activity for Minority Shareholders organize fire drills at various plant sites to enhance employees' emergency response

capabilities to safety incidents. These activities include fire drill training specialized training

for team leaders as well as activities such as Safety Month gas safety lectures and dormito-

ry fire safety education. In the company's safety production situation remained stable

in with no major labor safety accidents occurring.-- -- Corporate Responsibility Practices Hengli Hydraulic Corporate Social Responsibility (CSR) Report

. Corporate Culture Construction.Building up the Party labor unions and youth leagues to enhance

By enhancing corporate culture development the company has continuously enriched its cultural essence diversified cultural activities the leadership of the organization

and broadened cultural promotion avenues. Through the organizational leadership of the Party labor unions and youth leagues it has

united the efforts of all employees providing robust cultural support for the company's development.Building Party Organizations and Reinforcing Political Leadership.Building a cultural system to strengthen the foundation of culture The company's Party committee framework has preliminarily reorganized and the Party branch division logic has been readjusted under

the company's management model. The company's Party Committee has recruited new Party members and admitted new Party

members. By strengthening Party organization construction the Party organizations' role as a stronghold and the exemplary vanguard role

Under the group management framework of the company a Culture BP organization was established in and regular work meetings are of Party members are fully fulfilled providing solid political assurance for the company's development.held to communicate progress on initiatives. The establishment of the Culture BP organization has strengthened communication and

collaboration between corporate culture development and business departments enabling corporate culture to be better integrated into .Trade union work to safeguard the rights and interests of employees

the company’s daily operations. Furthermore the company has sorted out and optimized processes related to cultural development The company's trade union diligently performs its duties in safeguarding the lawful rights and interests of employees. The company actively

enhancing the efficiency and quality of cultural initiatives and laying a solid foundation for the implementation of corporate culture. organizes employee welfare activities and help employees in difficulty to effectively address practical issues and difficulties for employees..Building the Communist Youth League inspiring youth vitality.Innovative Cultural Promotion to Communicate Corporate Values The Communist Youth League organization of the company has carried out a series of distinctive activities centered around the company's

core work such as youth volunteer initiatives and the selection of outstanding young skilled workers. These activities have ignited the work

enthusiasm and innovative vitality of young employees injecting new momentum into the company's development..Deepening the content and enhancing the cultural connotation

The company focuses on deepening the content of cultural promotion refining and elaborating on the original basis. By thoroughly explor-

ing cultural elements such as the company's development history corporate spirit and core values a series of cultural platforms have been

created. These initiatives enable employees to better understand the company's culture and enhance their sense of identity and belonging..Creative Methods Wider Influence

In the company introduced live broadcast as a new promotional method which not only expanded the reach of communication but

also enhanced interaction with employees and improved the efficiency of information collection. Through the live broadcast platform the

company can transmit cultural activities and important meetings to employees in real time allowing employees to experience the charm of

corporate culture more intuitively. Furthermore employees can interact with the company via the live broadcast platform sharing their

feedback and suggestions thereby enhancing a sense of participation and motivation..Development of cultural and creative products and enrichment of cultural carriers

The company actively develops cultural and creative products and enriches cultural communication carriers. By designing and producing

cultural and creative products with company characteristics such as cultural shirts notebooks and keychains the company integrates its

cultural elements into daily necessities. This allows employees to accept imperceptibly the company culture while using these products

further spreading the company's cultural values. Party Branch Co-construction Tree-planting activities

-- -- CORPORATE RESPONSIBILITY PRACTICES HENGLI HYDRAULIC CORPORATE SOCIAL RESPONSIBILITY (CSR) REPORT

. Environmental Responsibility

Green energy transition leading the way to a low-carbon future.The company's efforts in environmental responsi- At the end of the company built a rooftop distributed photovoltaic power station with a scale of .WM. The annual power

generation of . million kWh not only meets part of the company's production and office electricity demands but also reduces

bility have not only laid a solid foundation for its carbon dioxide emissions by tons.In the company is actively planning the second phase of the photovoltaic power generation project which is scheduled for

own sustainable development but also contribut- completion in the first half of . By then the annual power generation is expected to increase by million kWh reducing carbon

ed to the global fight against climate change. We dioxide emissions by tons. The implementation of this project will further increase the company's proportion of green energy and drive progress toward its low-carbon and sustainable development goals.are fully aware that the Earth is our shared home

and protecting the ecological environment is an

obligation that every ente\r\p1r9is2e.1 m68u.s3t. 3fu2l\fislhl.a re\通用产品应用部\1、外部共享\02 照片\03应用领域\建设机械行业\隧道掘进机

Energy-saving and consumption-reduction initiatives

to enhance energy utilization efficiency

() Remarkable results in energy-saving transformation of equipment: The company has conducted a series of energy-saving

upgrades for its equipment and facilities. Through measures such as time sequence control frequency conversion retrofits and LED

replacements electricity consumption was reduced by . million kWh in resulting in a carbon emission reduction of

tCO. the company invested . million yuan to replace the factory lighting with LED lamps which reduces carbon emissions by

approximately tCO every year. These transformations not only reduce the company's energy costs but also demonstrate its

strong commitment to environmental protection.() Recovery of heat from steam condensate turning waste into treasure: The installation of heat exchange devices successfully

realized the recovery and utilization of steam condensate heat which can save tons of carbon dioxide emissions every year. This

measure not only improves energy efficiency but also reduces thermal pollution to the environment achieving a win-win of

economic and environmental benefits.Promoting emission reduction initiatives for better air quality

() Successful completion of the particulate matter emission reduction and improvement project: In the casting

company will successfully complete the construction and acceptance of the particulate matter emission reduction and

improvement project. Through the special audit report the implementation of the project has effectively reduced

particulate matter emissions improved the air quality in the surrounding area and created a cleaner living environment

for residents.() Digital Carbon Emission Management for Accurate Control of Environmental Monitoring: The company has adopted

carbon accounting software to conduct accurate calculation and digital management analysis of organizational carbon

emissions and product carbon footprints. This software allows the company to monitor real-time carbon emission data

promptly identify issues and implement targeted measures thereby providing strong data support for achieving

carbon reduction goals.-- -- Corporate Responsibility Practices Hengli Hydraulic Corporate Social Responsibility (CSR) Report

. Employee Responsibility Occupational health and safety management to ensure the life and health

.System construction and strengthen safety foundation

Employees are the most valuable wealth for the company. The company always adheres to the people-oriented development concept and The company has established and improved the occupational health and safety management document system in accordance with the

is committed to creating a good working environment and development opportunities for employees. By establishing a perfect welfare ISO occupational health system and conducts internal and external audits every year. Furthermore an occupational health and safety

system abundant humanistic care activities and strict occupational health and safety management the company makes employees feel the committee headed by the general manager is established and monthly meetings are held to study and solve major matters found in occupa-

warmth and care of a family enhancing their sense of belonging and loyalty. tional health and safety work in a timely manner. A perfect management system and organizational structure provide strong safeguards for

employees' occupational health and safety..Health management care the physical and mental health of employees

The company invests more than . million yuan in employee physical examination every year organizes all employees to receive compre-

Upgrade welfare guarantee and improve the quality of life of employees hensive health examinations including routine physical examination items and occupational health examinations for occupational

hazard positions to timely discover potential health problems of employees and achieve early prevention early detection and early

. Increase the subsidy and enhance employees' sense of gain treatment of diseases reflecting the company's great importance to the health of employees. In addition to the original regular monitoring

of hypertension and diabetes the company’s infirmary classifies and files personnel with major diseases and hidden dangers of infectious

The company has increased the comprehensive subsidy and housing subsidy for all employees and the subsidy is increased by - diseases and regularly supervises them for inspection in hospitals to avoid the progression of diseases. Furthermore the company is also

yuan according to different positions with an increase of % - %. This measure has effectively increased employees' income levels equipped with AED first-aid equipment and additional medical points to escort the health of employees.alleviated their financial burdens and made them feel the company's care and respect..Risk prevention and control to eliminate potential safety hazards

.New Employee Subsidy Boosting Your Career Journey

The company organized and carried out the special action of "hazard identification and risk assessment" identifying major risks and

For newly recruited college students a living allowance of yuan/person will be given by the company in the first month of employment. established a "red orange yellow blue" four-color safety early warning mechanism. The company conducts safety hazard inspections

This not only helps new employees alleviate the economic pressure at the beginning of employment but also reflects the company's impor- throughout the year and addressed issues for rectification. The "hazard-equals-accident" zero-tolerance approach helped eliminate

tance to the talent training providing strong support for the career development of new employees. risks at the source ensuring the safety of employees' lives..Dormitory construction to create a warm home .Management of external operations to ensure the safety of all parties

The company has added two new staff dormitory buildings which will officially start construction in Aug. and are expected to be The company supervised and managed the dangerous operations of foreign units times a year and provided safety training as well as

delivered in July . At that time employees can be accommodated and the total number of employees in the company's staff dormi- labor protection equipment such as safety helmets and reflective vests for foreign workers. This not only ensures the safety of external

tory building will reach . The company is committed to creating a warm home for its employees ensuring they can enjoy ample rest and workers but also maintains the company's normal production operations preventing safety accidents caused by external operations.relaxation after work..Emergency management and enhancement of response capabilities

The company organized emergency drills for fire fighting limited space and chemical leakage throughout the year and innovatively

proposed the fire emergency response methods. Through frequent drills the emergency response ability and self-protection aware-

Support for the cultivation of young talents to help future development ness of employees have been improved. There were no fires or serious injuries throughout the year and false alarms were reported by

various departments. The corresponding rectification measures were made thus effectively reducing the probability of work-related

accidents..Summer Childcare Program to Relieve Employees' Concerns .Distributing cooling supplies to show care for employees working in high temperatures

Since the establishment of the employee childcare initiative in the company has operated a summer childcare program to address the During the high-temperature season the company distributed cooling supplies worth nearly million RMB bringing relief and care to

challenge of employee child supervision with expenditures exceeding million RMB. As of now the program has provided childcare services employees working in hot working environments. Meanwhile the mutual medical insurance rate of employees has remained % for three

for employees' children alleviating employees' worries and enabling them to focus more on their work. consecutive years providing additional medical security and alleviating employees' healthcare burdens.. The College Entrance Scholarship System Inspires Students to Grow

The company has established a scholarship system for employees' children who take the college entrance exam (Gaokao) awarding

outstanding students annually. This system serves not only as an incentive for outstanding students but also as a source of motivation and

support for employees' families. By recognizing exceptional students it motivates more employees' children to study hard pursue

excellence and cultivates more outstanding talents for society.. Industry- University -Research Collaboration Empowers Talent Development

The company has established "Hengli Order Classes" with three local vocational colleges offering over internship positions every year.Additionally the company has built industry- university -research partnerships with multiple universities to provide students with practical

opportunities promoting talent cultivation and the transformation of scientific and technological achievements.First Aid Training High Temperature Condolences

-- -- Corporate Responsibility Practices Hengli Hydraulic Corporate Social Responsibility (CSR) Report

Humanistic care upgraded to enrich the spiritual life of employees In facing the transformation of global manufacturing and the new "dual-circulation" development pattern the company will anchor

its in-depth advancement of globalization strategy firmly pursue diversified and electrification strategies and focus on the "bottleneck"

technologies breakthrough. It will accelerate R&D in cutting-edge fields such as electro-hydraulic components and control systems while

.Intelligent canteen to satisfy your taste buds

deepening industry-university-research cooperation with global universities. By diversifying its technological capabilities Hengli aims to

The company invested million yuan to build a new hydraulic technology staff canteen. The company's staff canteens now serve nearly build a robust competitive barrier. Relying on the core product matrix such as compact hydraulic valve group high-pressure and heavy-duty

meals daily and over million annually. All associated expenses are borne by the company. pump valve servo hydraulics and electric drive the company will continue to expand downstream fields such as construction machinery

. Birthday care conveying warm wishes agricultural equipment new energy precision machining and marine engineering; empowering sustainable development with green and

The company pioneered the "Employee Birthday Gift" care system. On an employee's birthday a thoughtfully prepared gift and a warm intelligent manufacturing optimizing production processes to reduce energy consumption and practicing the concept of sustainable

greeting allow them to feel the company's care in their busy work enhancing their sense of belonging and loyalty. In addition to birthday development offer more efficient and reliable technical solutions for global customers.benefits the company also customizes anniversary gifts for employees and holiday benefits for outstanding employees. In

customized gifts will be distributed with an expenditure of more than million yuan. Hengli people will always uphold the mission of serving the nation through industry climbing new heights in technological breakthroughs

and writing brilliant chapters through responsibility and commitment. We steadfastly pursue our vision of 'Becoming an outstanding suppli-

.Cultural activities to together team strength

er of high-end transmission equipment and a leading provider of transmission solutions'!

The company has carried out cultural activities such as the New Year theme Mid-Autumn Festival and National Day with more than

participants. These activities have enriched employees' leisure time enhanced communication and interaction among staff and

create a positive collaborative and united corporate culture. Through these activities employees experience the power of teamwork and

the company's strong cohesion.Future Prospects

2024

-- -- Key Quantitative Performance Hengli Hydraulic Corporate Social Responsibility (CSR) Report

Economic Performance R&D Performance

Quantitative Performance Indicator Unit 2024 2023 2022

Key Accounting Data Unit 2024 2023 2022

R&D investment amount yuan . . .

Operating revenue yuan . . .

Ratio of R&D expenses to operating revenue % . . .

Net profit attributable to shareholders of the yuan . . .

listed company Number of R&D personnel 人

Net profit attributable to shareholders of the

yuan . . . Proportion of R&D personnel % . . .listed company after deducting non-recurring

profits and losses

Net cash flow from operating activities yuan . . .

Basic earnings per share Yuan/share . . . Resource utilization performance

Weighted average return on equity % . . .

Quantitative Performance Indicator Unit 2024 2023 2022

Power consumption MWh ，. .Natural gas consumption m ，， Water consumption m ， Corporate Governance Performance

Quantitative Performance Indicato Unit 2024 2023 2022

Number of board members Person Greenhouse Gas (GHG) Emissions

Management Performance

Number of independent directors Person

Number of male members on the board of directors Person Quantitative Performance Indicator Unit 2024 2023 2022

Number of female members on the board of directors Person Total greenhouse gas emissions tCOe ， ，. ，.Number of board meetings held Times Total Scope Greenhouse Gas Emissions tCOe ， ，. ，.Number of audit committee meetings held Times Total Scope Greenhouse Gas Emissions tCOe ， ，. ，.Number of strategic committee meetings held Times

Note: In 2024 the company adopted SGS-certified organizational carbon emission accounting software and product carbon

Number of shareholders' meetings held Times footprint accounting software to improve and standardize accounting standards and emission factors while implementing digital

management and information archival of carbon emission data. The company's largest manufacturing plant the Hydraulic Cylinder

Number of supervisors board meetings held Times Factory has conducted greenhouse gas verification in accordance with ISO 14064 and obtained TUV certification.-- --J i a n g s u H e n g l i H y d r a u l i c C o . L t d .No. Longqian Road Wujin District Changzhou

TEL：+

E-mail：hengli@henglihydraulics.com

Web：www.henglihydraulics.com Official Website Official Wechat