Environment Social and Governance

(ESG) Report

Jiangsu Beiren Smart Manufacturing

Technology Co. Ltd

Tel: 0512-62886165

E-mail: ir@beiren-tech.com

Address: No. 18 Songbei Road Suzhou Industrial Park Suzhou Jiangsu China Collaborate for Sustainability·Innovate for TomorrowCONTENTS

About the Report 03 Governance Responsibility: 01 Social Responsibility: People-C0entric2

Strengthening Control to Create Practices as a Responsible Employer and

Message from the Chairman 05 Long-term Value Corporate Citizen

Governance Innovation Driving Enhancing Talent Development

Long-term Value: Building a Sustain- Momentum: Fostering Inclusive

Jiangsu Beiren’s Roadmap for able Decision-making Ecosystem 17 Growth in the Labor Market 27

Empowering China’s Intelligent Governance Resilience: Safeguard- Creating a Low-Carbon Supply Chain:

Manufacturing ing Long-term Enterprise Value Empowering Sustainable Develop-

Amid Uncertainty 21 ment of Industrial Ecosystems 35

About Beiren 08

Anti-Corruption and Sustainability: Commitment to Good and Shared

Manufacturing by Beiren 09 Dual-Bottom-Line Practices in Value: Empowering the Future

Development 11 Transparent Governance 24 Through Donations 37

Brilliant Beiren 13

Appendix

Key Performance Indicators (KPIs) 57

GRI Index 61 03 Environmental Responsibility:0 Green4

List of Participating Associations 63 Product Stewardship: Innovation Drives the Future Responsibility Leads Change Manufacturing Supporting China’s “30·60” Goals

From Efficiency to Resilience: Industrial Symbiosis of Intelligence and Green

Automation Builds a New Quality Practices: Full Lifecycle Digital

Reader Feedback 64 Productivity Ecosystem 41 Management 53

Energy Storage Solutions: Accelerating Energy Innovators: Promoting

the Zero-Carbon Future with Technolog- Clean Energy Applications 54

ical Innovation 43

Zero-Waste Factory:

Innovation: "BR-InMan" Intelligent Circular Economy in Production 55

Welding Robot System 45

Industry 5.0 Revolution: Zero-Defect

Practices in Flexible Manufacturing 47

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About this Report Assurance

This report is the 2024 Environmental Social and Governance (ESG) Report released by Jiangsu Beiren Intelligent Manufacturing The Board of Directors and all directors of the Company warrant that this report contains no false statements misleading informa-

Technology Co. Ltd. (hereinafter referred to as "Jiangsu Beiren" or the "Company"). Under the principles of objectivity standardization tion or material omissions and assume individual and joint liabilities for its authenticity accuracy and completeness.transparency and comprehensiveness this report discloses the Company’s practices and performance in economic product environ-

mental and social responsibility to all stakeholders.Reporting Scope Publishment

Unless otherwise specified this report covers Jiangsu Beiren and its subsidiaries consolidated in the financial statements. This report is published in both Chinese and English available in print and digital formats. In case of discrepancies the Chinese

The reporting period is from January 1 2024 to December 31 2024. To enhance readability some information outside this version shall prevail. Questions or suggestions regarding the report are welcomed.timeframe may be included.Data Source Forward-looking Statement

Data and case studies in this report are derived from operational records or financial reports of Jiangsu Beiren and its subsidiaries. Certain content in this report constitutes forward-looking statements which may be affected by uncertainties and risks leading to

Financial data is presented in Renminbi (RMB). In case of discrepancies the financial reports shall prevail. material differences from actual results. The Company assumes no obligation to update such statements.Standards Contact

This report is prepared in accordance with the Shanghai Stock Exchange Guidelines for Listed Companies No. 14 ? Sustainability Phone： 0512-62886165

Reporting (Trial) Sustainability Reporting Guidelines (Trial) Corporate Sustainability Disclosure Standards ? Basic Standards (Draft for Email：ir@beiren-tech.com

Comments) Guidelines for Listed Companies on Sustainability Reporting and Guidelines for Preparing Sustainability Reports of Listed

Companies (Draft for Comments). It also references the Global Reporting Initiative (GRI) Standards 2021.

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Chairman’s Speech

Dear Partners Colleagues and Valued Employees tion of“ Chinese innovation” with“ global standards” Looking ahead to 2025 the global manufacturing

As the seasons change new chapters unfold. On solidifying our reputation for professionalism efficien- sector’s shift toward intelligence and sustainability is

releasing Jiangsu Beiren’s 2024 Sustainability Report I cy and reliability worldwide. unstoppable. Jiangsu Beiren will continue to driveextend my heartfelt gratitude on behalf of the Company growth through our dual-core strategy of“ Intelligentto all partners stakeholders and friends who have sup- As a national high-tech enterprise innovation Manufacturing + Energy Storage” expand overseas

ported Jiangsu Beiren’s growth. The past year marked remains our cornerstone. In 2024 R&D investment markets pioneer smart welding robotics systems and

a period of resilience and breakthroughs for Jiangsu reached 4166 million yuan with 33 additional intellec- explore AI-driven upgrades in intelligent manufacturing.Beiren as we achieved leapfrog advancements in intel- tual property rights bringing the cumulative total to

ligent manufacturing and energy storage. 163. 2025 marks Jiangsu Beiren’s 14th anniversary.Over these 14 years we have evolved from a local start-

During the reporting period the Company We recognize that corporate success hinges on up into an industry leader expanding from Jiangnan to

achieved a total operating revenue of 69921.67 million societal support and employee dedication. Deepening the global stage. Through relentless innovation we

yuan and a net profit attributable to shareholders of our ESG integration in 2024 Jiangsu Beiren initiated the have written a remarkable chapter in intelligent manu-

4519.84 million yuan. Despite industry-wide challeng- “Building a‘ Bottle-Free’ Home” public welfare cam- facturing. Standing at this new juncture I am confident

es we strengthened our core business through strategic paign donated to education funds for talent develop- that with unity courage and vision we will conqueradjustments and operational synergy enhancing ment and retained titles such as“ Best Employer in new frontiers and embrace an even brighter future inmarket share customer loyalty and supply chain resil- Greater Suzhou” and“ Most Promising Employer”. the realms of intelligent manufacturing and green

ience. Healthy cash flow was maintained and customer These efforts reflect our commitment to responsibility energy.satisfaction ranked industry-leading for three consecu- and team cohesion.tive years. Recognized as an“ Outstanding Economic Zhu Zhenyou Chairman of Jiangsu BeirenContributor” in Suzhou Industrial Park Jiangsu Beiren Talent is our most valuable asset. Through pro- Jiangsu Beiren Smart Manufacturing Technology Co. Ltd

has demonstrated both technological prowess and grams like the“ Future Star Initiative”“ University-En-social responsibility. terprise Partnerships” and“ High-Potential Talent Incu-bation” we have built a multi-tiered talent develop-

In 2024 we accelerated global expansion with the ment system. The“ Chairman Dialogue” platform iden-

establishment of subsidiaries in Hong Kong Mexico tifies high-potential individuals empowering those

and Germany. The successful launch of our first projects eager to innovate and excel thereby strengthening our

in Mexico and Europe exemplifies the seamless integra- talent pipeline.

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Jiangsu Beiren’s Roadmap for Empowering About Beiren

China’s Intelligent Manufacturing

Focus on industry challenges talents

cultivation customer demands Professional; Innovation;

In the field of intelligent manufacturing Jiangsu Beiren continues to focus on robotics integration and smart factory solutions Provide customer perfect solution and Dedication; Responsibility.for the automotive industry offering one-stop services spanning digital consulting intelligent robotic automation system integra- Mission high-quality service. Philosophy

tion digital software and smart logistics systems. The company has achieved significant progress in the R&D design production

assembly and sales of: the new energy welding production lines flexible automated welding and assembly lines intelligent weld-

ing equipment production lines laser processing equipment automated polishing and grinding systems production management

information systems and digital workshops. Integrity pursuing excellence；

In the energy storage leveraging the strengths in intelligent manufacturing and digitalization Jiangsu Beiren has established Become a leader in intelligent Mutual-believe cooperation talent first；manufactuirng.an integrated chain covering product design production line R&D supply chain management manufacturing and asset opera- Continuous innovation making customer successful.tions. This enables full lifecycle management of energy storage products and delivers high-quality energy storage solutions to Vision Core Value

clients.Aligned with China’s 14th Five-Year Plan and the dual-carbon policy Jiangsu Beiren actively responds to national strategies

seizing opportunities in the new energy industry. Guided by high-quality development the company is committed to becoming a

leader in intelligent manufacturing driving the advancement of“ Made in China with Intelligence”. In 2025 Jiangsu Beiren will

further intensify efforts in technological innovation and market expansion enhancing its global competitiveness in intelligent man-

ufacturing and energy storage.Germany Beiren Smart(Germany)

China Headquarters

Mexico Beiren Smart(Mexico)

Hong Kong Hong Kong Beiren

Jiangsu Beiren Beiren

Plant 1 Headquarters Shanghai Yankun

Automation

equipment

Jiangsu Beiren Intelligent manufactur- Beiren Green Intelligent manufacturing

Plant 2 ing centert Energy for energy storage

Shanghai Beiren Shenyang Beiren New regional marketsSales and trade development

Beiren New energy investment Beiren Energy Energy storage assets

New Energy platform Management holding

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Reader

Feedback

Manufacturing by Beiren New Energy Energy Storage Manufacturing and Full Lifecycle Operator

Jiangsu Beiren is a high-tech enterprise specializing in industrial robot integration and smart factory construction with a

focus on industries such as automotive and new energy. The company provides end-to-end solutions encompassing digital con-

sulting automated production lines (e.g. welding assembly laser processing) intelligent logistics and information systems

delivering turnkey projects through its integrated "product + technology + service" model. In recent years it has expanded into the

energy storage sector achieving full-chain integration from R&D design to production and operations and offering smart energy

storage system solutions. Under the guidance of China’s 14th Five-Year Plan and the dual-carbon strategy Jiangsu Beiren contin-

ues to drive smart manufacturing upgrades through technological innovation striving to become an industry benchmark and

propel China’s manufacturing sector toward high-end and green transformation.Intelligent Equipment Comprehensive Intelligent Manufacturing Solutions Provider

Intelligent Manufacturing Production Lines Flexible Automated Intelligent Manufacturing

for New Energy Vehicles Production Lines We integrate the entire value chain of "energy storage smart production lines energy storage PACK products energy

storage systems energy storage asset ownership and energy storage asset operations" adopting a holistic business model

that spans "product design ? production line R&D ? supply chain ? scalable manufacturing ? asset ownership ? asset opera-

tions".asset product

operations design

asset integration into One production

Flexible Automated Assembly Flexible Automated Assembly ownership line R&D

Production Lines Production Lines

scalable supply

manufacturing chain

Manufacturing Information System

Establish a full lifecycle digital Continuously iterate on

management system and a collaborative Mitigate safety risks optimize product design improve

Automated Polishing and data platform for battery cell raw system operation and extend Laser Processing Equipment materials manufacturing and energy

manufacturing quality and

system lifespan

Grinding Equipment storage asset operations. enhance system efficiency

Production Management Information

Systems Digital Workshops

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Development

Successful IPO

The company went public on the Shanghai Stock

Exchange Sci-Tech Innovation Board (STAR Market) on Pursuit of Excellence

Establishment December 11 2019. Founded Jiangsu Beiren Green Energy Technology Co. Ltd.Stock Code: 688218 Commissioned a 4GWh Smart Energy Storage Factory.In 2011 Beiren Robotics Systems (Suzhou) Co. Awarded the designation of "Jiangsu Provincial Acade- Launched integrated operation of Commercial & Industrial

Ltd. was founded. mician Workstation." Energy Storage Solutions.

201120192023

201320222024

Forging Ahead New Journey Global Expansion and

Intelligent Innovation

Focusing on the automotive sector the company broke Recognized as a National-level Specialized Sophisticated

through industry barriers with its aluminum alloy CCB Innovative and Emerging Small Giant Enterprise the com- Successfully initiated the Mexico Project.welding production line. It was approved as the "Suzhou pany expanded into the energy storage industry. Dispatched overseas teams to Italy.Welding Robot System Engineering Technology Research Established Jiangsu Beiren New Energy Technology Co. Ltd. Officially inaugurated Beiren Germany.Center."

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Brilliant Beiren

Human Resource

Honors 2024 Greater Suzhou Best Employer Award 2024 Most Promising Employer Award

In 2024 Jiangsu Beiren further solidified its leading position in intelligent manufacturing and the energy storage sector. Recognized

for its technological innovation industry contributions and social responsibility the company received multiple honors and accolades. It

has demonstrated outstanding performance in integrated intelligent manufacturing solutions energy storage technology R&D and Returns to Shareholders

employer branding highlighting its robust comprehensive capabilities and growth potential. Moving forward Jiangsu Beiren will continue

to prioritize high-quality development driving innovation and advancement in intelligent manufacturing and the energy storage industry.To safeguard investor rights uphold the development philosophy of "investor-centricity" and enhance investor benefits the compa-

ny has implemented a high-ratio consistent and stable dividend policy since its IPO. This policy has been formalized in the Company’s

Articles of Association and further detailed in the Three-Year Shareholder Dividend Return Plan.Dividend Distribution Since Listing:

Unit：CNY

Dividend Dividend per 10 shares Total cash dividend Amount paid for share repur- Ratio of the sum of cash dividends and share repurchases to the net profit attributable to

Year (including tax) (including tax) chases (excluding stamp duty

transaction commissions etc.) ordinary shareholders of the listed company in the consolidated financial statements (%)

20200.816427600.00/31%

20210.69387200/32%

20220.97040400.00/32%

2024 Honor and Recognition 2023 3.5 10410238.17 32164774.53 134%

Economy & Corporate Governance 2024 1.9 22130314.22 / 49%

Outstanding Economic Contribution Unit in Top 300 Most Popular Listed Companies by East

Suzhou Industrial Park Money Information

Initiating Member of Suzhou Industrial Park ESG Alliance

Most Investable Advanced Manufacturing

AAA Credit-Rated Enterprise (Corporate Credit Rating) Enterprise by Cailian Press

Products & Technology

Top 100 Non-Standard Customized Automa- Founding Member of Suzhou Humanoid Robot 2024 Suzhou Municipal Model Smart Workshop

tion Integrators for Smart Factories (2023) Ecosystem Consortium (Beiren Green Energy)

Capek Award - 10th Annual Excellence in EESA Starlight Award - 2024 Best Commercial & Lingyun Award - 2024 Outstanding Supplier

Branding Industrial Energy Storage Solution

China’s Top 100 Emerging Energy Storage EESA Starlight Award - 2024 Best Emerging Technological Innovation Achievement Award

Brands by Energy Storage Leaders Alliance Enterprise by Shanghai Fengxian Automotive Industry

Technology Association

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Governance Responsibility:

Responsibility: Strengthening Control to Create Long-term Value

Governance Innovation Driving Long-term Value:

Building a Sustainable Decision-making Ecosystem 17

Governance Resilience:

Safeguarding Long-term Enterprise Value Amid Uncertainty 21

Anti-Corruption and Sustainability:

Dual-Bottom-Line Practices in Transparent Governance 23

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Governance Responsibility:

Strengthening Control to Create Long-term Value Stakeholder Communication Channels

Stakeholder Communication Methods

Shareholders & Management Shareholders’ meetings earnings briefings investor forums SSE E-Interaction platform

Governance Innovation Driving Long-term Value: investor hotline investor email etc.Building a Sustainable Decision-making Ecosystem Clients Client surveys customer service hotline client satisfaction surveys etc.Employees Employee engagement activities intranet training programs employee handbook inter-nal publications etc.Corporate Governance

Government Institutional visits official correspondence policy compliance information disclosure etc.Jiangsu Beiren has established a modern corporate governance structure in compliance with laws and regulations such as the Com-

pany Law and the Securities Law. This structure includes a shareholders' meeting board of directors supervisory board and manage- Suppliers Public bidding meetings strategic partnership negotiations mutual visits etc.ment layer ensuring the standardization and effectiveness of corporate governance. Under this framework the board has set up four

specialized committees: strategy audit nomination and compensation and evaluation to enhance the professionalism and efficiency of Industry Associations Regular communication information disclosure participation in association events etc.internal deliberation and decision-making.The company has developed various management systems including the Articles of Association Information Disclosure Manage- Community Representatives Community philanthropic donation projects etc.ment System Fundraising Management System Shareholders' Meeting Rules Board of Directors Rules and Supervisory Board Rules

continuously improving its governance structure and level to ensure compliance and stability in operations.The company fully considers factors such as industry experience background and gender of board members to ensure the optimi-

zation and diversity of the board. Currently the board consists of six directors including two independent directors and one female direc- Identification

tor promoting scientific and comprehensive decision-making through diverse perspectives and expertise.Jiangsu Beiren is committed to establishing a corporate governance framework with clear responsibilities and checks and balances

strengthening compliance management and safeguarding the interests of shareholders and the company. During the reporting period During the previous reporting period the company conducted issue identification and screening stakeholder survey and priority

the company held 5 shareholders' meetings 11 board meetings 9 supervisory board meetings and 2 independent director-specific analysis of material issues. The analysis fully considered international and domestic regulatory policies industry trends corporate vision

meetings achieving full-year compliance in information disclosure and internal control governance. During the reporting period the strategic planning and insights from an online stakeholder questionnaire. After balancing these factors we developed the 2023 Materiali-

company’s management actively participated in specialized training organized by regulatory authorities and industry associations to ty Matrix. Building on the 2023 material issues we refined the 2024 key disclosure topics by referencing the Shanghai Stock Exchange’s

enhance compliance awareness with directors and senior management attending 6 training sessions. In 2024 Jiangsu Beiren successful- 2024 guidance on sustainability reporting and the focus areas prioritized by domestic and international rating agencies for intelligent

ly completed the transition from the third to the fourth board of directors supervisory board and senior management ensuring a manufacturing.smooth renewal process. 2024 Materiality Issue Analysis Process

Currently

Stakeholder Identify key stakeholder groups based on corporate strategy and development level includ-

6 2 Identification and ing those potentially impacted by the company’s production operations strategies and the board consists of six directors including independent directors 1 female director Assessment objectives such as management employees governments investors industry associations

suppliers customers and community representatives.During the reporting period Topic Definition and Develop 24 preliminary ESG topics by aligning industry regulations policies standards

Screening corporate vision and strategic plans while benchmarking against peer companies’ disclo-5 11 9 sure practices.the company held shareholders' meetings board meetings supervisory board meetings

and 2 independent director-specific meetings 6 training sessions for directors and senior management Questionnaire Survey Analyze the level of attention to the 24 topics through online questionnaires management

records and feedback from stakeholder groups.Materiality Management

Stakeholder Communication Priority Ranking and Rank the importance of ESG topics for each stakeholder group based on valid feedback.Comprehensive Validate and refine the rankings using disclosure requirements from the Shanghai Stock

Jiangsu Beiren is committed to establishing communication mechanisms with all stakeholders. We define stakeholders as Evaluation Exchange (SSE) and focus areas of mainstream rating agencies. Finalize the materiality matrix

individuals or groups that influence or are affected by our operational activities including governments investors clients and with input from management.others. To address their expectations and concerns we maintain ongoing communication with stakeholders through channels such

as our website media meetings reports and events.

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Materiality Matrix Material Topics Topics

01. Climate Change Mitigation

02. Pollution

5.0 Employee Development 03. Waste Management

Innovation Environment 04. Ecosystem and Biodiversity Conservation

4.5 Techinical ethics Corporate Governace 05. Environmental Compliance Management

06. Energy

Anti Bribery & Anti Corruption Due Dilligence

07.

4.0 Product & Service Quality

Water Stewardship

Circular Economy 08. Circular Economy

Climate Change

3.5 Unfair Competition Occupational Health 09. Rural Revitalization& Safety 10. Social Contribution

Social Contribution

3.0 Innovation-Driven DevelopmentSupply Chain Management 11.Employee Rights &

Data Security & Privacy Benefits 12. Technology Ethics

13. Supply Chain Security

2.5 Stakeholder Communication

Pollution Social 14. Fair Treatment of SMEsWater Resource

15. Product and Service Safety & Quality

2.0 Rutial Revitalization 16. Data Security and Customer Privacy Protection

Equal treatment to SME 17. Employee Rights and Welfare

1.5 Waste 18. Talent Cultivation and Development

19. Occupational Health and Safety

1.0 Ecology & Biodiversity Environmental Complaince 20. Due Diligence (Risk Management)

21. Stakeholder Communication

0.5 Governance 22. Anti-Commercial Bribery and Anti-Corruption

23. Anti-Unfair Competition

0.0 24. Corporate Governance

0.00.51.01.52.02.53.03.54.04.55.0

2023 Materiality vs 2024 Materiality

Material to Jiangsu Beiren

2024 Material Topics 2023 Material Topics

Environment Climate Change Mitigation; Circular Economy

Environmental Topics Social Topics Governance Topics

Innovation-Driven Development; Technology Smart Manufacturing; R&D and Innovation;

Ethics; Product and Service Safety & Quality; Digital Transformation; Product Quality and

In 2024 Jiangsu Beiren conducted a systematic materiality assessment and identified 10 high-priority ESG topics for the year Social Employee Rights and Welfare; Talent Cultiva- Safety; Customer Relationship Management;

including Climate Change Mitigation Circular Economy Innovation-Driven Development Technology Ethics Product and Service Safety tion and Development; Occupational Health Employee Rights and Welfare; Occupational

& Quality Employee Rights and Welfare Talent Cultivation and Development Occupational Health and Safety Due Diligence Anti-Com- and Safety Health and Safety

mercial Bribery and Anti-Corruption and Corporate Governance. This report will focus on disclosing these material ESG topics compre- Due Diligence; Anti-Commercial Bribery and Standardized Governance; Business Ethics;

hensively demonstrating the company’s practices and achievements in these areas. The remaining 14 topics due to their limited current Governance Anti-Corruption; Corporate Governance Quality and Efficiency Improvement

impact are not prioritized for detailed disclosure.

1920

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Governance Resilience: Jiangsu Beiren upholds its commitment to the green development philosophy continuously optimizing its ESG governance framework. Through close collaboration within the ESG task force the company fully supports the board of directors in fulfilling ESG

Safeguarding Long-term Enterprise Value Amid Uncertainty oversight responsibilities. It vigorously promotes ESG awareness campaigns and training programs fostering an ESG-centric culture

from within and meticulously shaping a robust ESG brand image.ESG Management

Engagement of the Establishing ESG Fostering ESG Improving ESG

To achieve its corporate vision of "becoming a frontrunner in the smart manufacturing sector" the company has formulated an Board in ESG affairs working group awareness transparency

ESG management strategy integrating sustainability elements into all operational processes and business decisions across four key

dimensions: economic product environmental and social. Building upon the planning and implementation in 2023 we further ? The Company's Board of directors ? Internally establishing an ESG ? Encouraging all employees to ? Establishing an ESG reporting

executed planned initiatives optimized implementation approaches and adjusted strategic priorities in 2024 to advance sustainable engages in ESG-related affairs working group with department participate in ESG practices system and publishing annual ESG

development. Guided by the three pillars of governance environment and society and driven by innovation we have forged a management and review of annual leaders serving as members of the including but not limited to ESG report communicating the

distinctive sustainability path marked by digitalization artificial intelligence and intelligent welding robotics. ESG report ensuring compliance of group jointly promoting the online questionnaire surveys rating Company's ESG work progress to ESG information disclosure. implementation of ESG work ESG topics and helping the internal and external stakeholders

including but not limited to Company identify material ESG and enhancing transparency of the

ESG Management preparation of annual ESG report issues. Company's ESG practices. interviews and data collection

support.? Regularly inviting external experts

to conduct training for members of

the ESG working group.Economic responsibility Environmental responsibility Due Diligence and Risk Management

During the reporting period Jiangsu Beiren established a rigorous internal control management system in strict compliance

Implementing sound corporate governance Providing greener product solutions with legal and regulatory requirements including the new Company Law effective July 1 2024 relevant rules issued by the China

Cultivating internal culture of business Transitioning towards low-carbon economy Securities Regulatory Commission (CSRC) and the Shanghai Stock Exchange (SSE) Sci-Tech Innovation Board (STAR Market) Listing

ethics Mitigating operational impact on environ-

Investor relations management and share- ment Rules revised in April 2024. The company’s internal control framework is structurally sound aligning with principles of complete-

holder return ness rationality and effectiveness and is tailored to meet the demands of corporate management and growth.The Board of Directors reviewed and approved the 2024 Internal Control Evaluation Report the full text of which is available on

the website of the Shanghai Stock Exchange.The company continues to strengthen risk management by refining its risk management policies which are designed to identi-

Economic Environement fy and analyze risks establish scientifically grounded risk tolerance levels and implement corresponding internal control proce-

Addressing UN SDGs Addressing UN SDGs dures. In 2024 adhering to its predefined risk management processes the company conducted comprehensive risk identification Becoming a and mitigation efforts at the beginning of the year resulting in a detailed annual risk management inventory. Each identified risk is

leader in subject to precise monitoring and continuous improvement measures.intelligent

manufacturing Risk Controls

Product Social responsibility

01-Identification 02-Measures

Improving quality and efficiency Product Social Building a people-oriented workplace Conducting risk identification creating For risks without established mitigation

Product quality and innovation Fostering a safe and healthy environ- a risk checklist and monitoring the strategies Operations Department will

Safeguarding customers’rights ment closure of identified risks. follow up on major risks collecting risk

Partnering towards sustainable development Supporting community development response strategies while other risks will

via philanthropy be managed by the respective depart-

ments.

03-Accountability 04-Monitoring

Addressing UN SDGs Addressing UN SDGs For situations where risk prevention The Operations Department will

strategies are not implemented or risks conduct routine monthly risk

are not promptly addressed responsible monitoring while responsible

department managers will be disciplined departments shall ensure consistency

according to the Company’s policy on between risk control strategies and

management accountability. their execution.

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Jiangsu Beiren has established a comprehensive and efficient risk management framework by clearly defining the respon-

sibilities of each department within its risk management system. Through cross-departmental collaboration the company Anti-Corruption and Sustainability:

ensures timely identification assessment monitoring and response to risks safeguarding its stable operations and sustainable Dual-Bottom-Line Practices in Transparent Governance

development.Legal Department In today’s complex and dynamic business environment enhancing business ethics management and compliance

As the core department for external business risk management the Legal Department identifies and evaluates risks competitiveness has become essential for building a distinguished brand implementing modern governance and demon-

arising from business activities. Through market research interpretation of policies and regulations and analysis of strating core organizational resilience. Jiangsu Beiren prioritizes this as a strategic objective committing to elevating

competitors it pinpoints potential market risks credit risks and legal risks formulating targeted mitigation strategies. compliance standards through comprehensive multi-tiered efforts to bolster stakeholder confidence and cultivate a reputa-

Additionally the department reviews commercial contracts to ensure legality and compliance preventing legal risks at the ble corporate image.source and fortifying a robust legal defense for business operations.The company upholds a robust anti-corruption framework and compliance culture. In alignment with the Criminal Law

of the People’s Republic of China Anti-Unfair Competition Law of the People’s Republic of China and Interim Provisions on

Risk Control Department Prohibiting Commercial Bribery by the State Administration for Industry and Commerce Jiangsu Beiren has established the

Focused on external technology risk management the risk control department monitors industry trends and emerg- Beiren Professional Integrity and Ethics Pledge. This pledge regulates conduct related to bribery conflicts of interest and

ing technologies to anticipate risks posed by technological shifts. Leveraging technical expertise it evaluates the reliability other ethical risks requiring all employees to sign and adhere to its provisions. By defining clear ethical standards and legal

stability and compatibility of new technologies with existing systems ensuring seamless integration and avoiding opera- boundaries the pledge underscores the company’s unwavering commitment to combating corruption. Regular training and

tional disruptions. The department also implements a technical risk early-warning mechanism to detect anomalies in awareness campaigns ensure employees fully understand and comply with these rules preventing unethical behavior at its

real-time during technology application enabling rapid activation of contingency plans to minimize potential losses. source and fostering an integrity-driven workplace.Jiangsu Beiren enforces stringent compliance requirements and zero-tolerance policies for corruption among both

Operations Department employees and business partners. For suppliers the procurement team mandates the signing of a Sunshine Procurement

Responsible for project execution risk management the operation control department oversees critical indicators— Agreement ensuring fair impartial and transparent procurement practices. This agreement not only governs interactions

progress quality and cost—throughout a project’s lifecycle. Regular reviews and progress updates allow for early detection with suppliers but also extends the company’s compliance expectations across the value chain encouraging partners to

of deviations and risks such as operational risks or schedule delays. It develops detailed risk response plans optimizes strengthen their own ethical management systems. Through mutual oversight and collaboration the company builds a

resource allocation and refines workflows to ensure on-time high-quality project delivery. law-abiding fair and transparent business ecosystem. During the reporting period 280 suppliers signed the Sunshine

Procurement Agreement.The company has established secure reporting channels including a complaint hotline and dedicated email to

Business Management Department address concerns transparently and impartially. Employees who report issues in good faith receive rewards and guaranteed

confidentiality. This mechanism empowers staff to voice concerns safely reflecting the company’s dedication to fairness

As the core of internal process and system management the business management department streamlines opera- and employee rights. By encouraging internal oversight Jiangsu Beiren swiftly identifies and rectifies risks reinforcing

tional workflows and institutional frameworks. Through periodic process audits and system evaluations it identifies bottle-

necks and gaps enhancing operational efficiency and compliance. It also designs and refines the company’s risk manage- compliance and risk management. In 2024 the company resolved 12 customer complaints with a 100% response rate.ment policies clarifying departmental roles and responsibilities to drive continuous improvement of the risk management

system. Jiangsu Beiren remains steadfast in advancing business ethics and compliance refining systems and mechanisms to

strengthen its competitive edge. As the company pursues excellence in brand building and modern governance it pledges

to contribute to a cleaner fairer and more transparent business future through concrete actions and collaboration with all

Audit Department stakeholders.Central to integrity and business ethics governance the audit department conducts regular internal audits and investi-

gations to scrutinize employee conduct and adherence to anti-corruption standards. It enforces a zero-tolerance policy for

violations of integrity or ethical guidelines imposing strict disciplinary actions. The department also organizes integrity

training programs to foster a culture of self-discipline and ethical awareness ensuring a transparent and principled work

environment.Through the specialized execution and close collaboration of all departments in risk management and control Jiangsu

Beiren has built a robust risk defense system. This framework not only effectively navigated the complex and volatile market

challenges of 2024 but also laid a solid foundation for the company’s sustained and stable growth.

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Social Responsibility:

People-Centric Practices as a Responsible Employer and Corporate Citizen

Enhancing Talent Development Momentum:

Fostering Inclusive Growth in the Labor Market 27

Creating a Low-Carbon Supply Chain:

Empowering Sustainable Development of Industrial Ecosystems 35

Commitment to Good and Shared Value:

Empowering the Future Through Donations 37

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Social Responsibility: Jiangsu Beiren consistently treats employees as its core resource for development committed to building a scientific equita-ble and market-competitive compensation system. The company has meticulously designed a fair reasonable and motivating

People-Centric Practices as a Responsible Employ- salary management framework to ensure employees’ contributions are appropriately rewarded.By actively participating in salary benchmarking studies conducted by authoritative institutions and analyzing market trends

er and Corporate Citizen Jiangsu Beiren establishes compensation guidelines for various job categories. This enables the company to offer competitive sala-ries maintaining an edge in talent attraction and retention.To better motivate and retain key talent the company has implemented a multi-tiered incentive system. In addition to com-

Enhancing Talent Development Momentum: petitive base salaries employees benefit from:

Fostering Inclusive Growth in the Labor Market Annual Bonus Annual Salary Project Performance Adjustment Bonus Stock Incentive Plan

Calculated and distributed Conducted uniformly in June Awarded based on cost To drive core talent engage-

Jiangsu Beiren prioritizes talent development firmly believing that every employee is a source of innovation and growth. before the Chinese New Year each year aligned with savings and efficiency ment the company refined

Their professional expertise creativity and dedication collectively form the company’s core competitiveness. To this end the com- based on the company’s prior-year financial results improvements in proj- its incentive program by

pany places talent strategy at the forefront continuously refining training programs and offering diverse learning and development annual profitability individu- employee performance and ects. implementing a Category II

opportunities. This ensures employees stay abreast of cutting-edge technologies and market trends enabling them to grow along- al year-end performance external market data. Restricted Stock Incentive

side the company’s rapid evolution. and overall contributions. Plan with 410400 shares vested during the reporting

To unlock employees’ full potential we are committed to building a fair transparent and challenging work platform with period.clear career progression pathways. Talented and ambitious employees are empowered to rise swiftly take on greater responsibili-

ties and earn commensurate recognition and rewards. We recognize that employee growth and corporate success are

intertwined—every advancement injects fresh vitality into the organization. These initiatives not only enhance employees’ sense of belonging and loyalty but also inject momentum into the company’s

We foster a culture of empathy and inclusion grounded in respect understanding and acceptance ensuring every employee sustainable growth. Moving forward Jiangsu Beiren will continue optimizing its compensation and incentive systems to grow

feels valued and supported. At Jiangsu Beiren employees are not just contributors but integral members of a cohesive community. alongside its workforce.Through team-building activities comprehensive occupational health safeguards and a clean comfortable work environment we Case Study: Building Global Competitiveness to Drive Sustainable Business Expansion

help employees recharge and strengthen their sense of belonging even amidst demanding workloads.Employee Rights and Welfare 1. Talent Inventory and Precision Matching 2. Cross-Cultural Training: Fostering Integration

The HR department established a comprehensive talent database The HR department conducts systematic cross-cultural training

Jiangsu Beiren strictly adheres to national laws and regulations including the Labor Contract Law of the People’s Republic of and competency models. By assessing managerial capabilities programs covering topics such as customs clearance daily habits

China and the Social Insurance Law of the People’s Republic of China treating employees as core assets and safeguarding their willingness for overseas assignments and cross-cultural adaptability cultural integration safety and health legal compliance cultural

lawful rights. The company has established a comprehensive internal policy framework including: Reward and Discipline Manage- the company ensures optimal person-job alignment for expatriates dimensions models four manifestations of cross-cultural differences

ment System; Employee Attendance and Leave Management System; Recruitment Management System; Training Management enhancing the efficiency of global teams. and cross-cultural barriers and strategies of benchmark enterprises.System; Compensation and Benefits Management System. These policies ensure fair and equitable treatment across all human These initiatives holistically enhance employees' cross-cultural com-munication skills and cultural sensitivity effectively prevent cultural

resource processes. conflicts foster team collaboration and improve work efficiency.The company upholds equal opportunity principles selecting candidates based on role requirements and competencies free

from discrimination based on age gender origin religion or other non-work-related factors. Every candidate competes on a level 3. Comprehensive Support: Ensuring Well-Being 4. Compliance-Driven Operations: Safeguarding Sustainability

playing field. Transparent career promotion pathways are tied to performance skill development and achievements encouraging

employees to pursue professional growth through merit. Tailored to role-specific needs and individual development plans the The HR department has developed a comprehensive travel hand- Collaborating with finance legal and IT departments HR conducts

company provides diverse training resources to enhance employees’ technical skills and holistic competencies aligning with book providing overseas employees with one-stop services covering rigorous reviews of local labor laws tax policies and data security accommodations cultural immersion local living guides safety and requirements in target markets. Proactive compliance frameworks

evolving market demands and strategic goals. health protocols travel allowances and reimbursement English and risk mitigation plans ensure lawful operations and protect

learning resources and digital compliance guidelines. Regular employee rights.Overview of Employee Benefits employee care initiatives are conducted to understand their needs

promptly address concerns and ensure they can work with peace of

mind and enjoy a fulfilling life. These efforts aim to enhance employ-

ees' sense of belonging and well-being.Social insurance and Commercial insurance Jiangsu Beiren remains dedicated to its people-centric

housing provident fund for accidental injury Annual health checks Paid annual leave Holiday benefits philosophy and ESG commitments continuously elevating

global HR practices. By empowering employees and priori-

tizing compliance the company advances its vision of

becoming a global leader in intelligent manufacturing solu-

tions creating value for employees stakeholders and soci-

ety.Different types of Housing accommodation Communication

bonuses available for fresh graduates allowance On-site dining hall Team building events

27 28About this Chairman’s China’s Intelligent Governance Social Product Environmental Reader

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Talent Cultivation and Development Employee Development Pathways

Jiangsu Beiren Talent Management Philosophy In vertical specialization the company scientifically categorizes qualification levels in alignment with talent development

principles. Criteria are structured across progressive stages: Novice Experienced Competent and Expert enabling precise identifi-

cation of employees’ career development phases. This framework supports their steady advancement in professional expertise

The company’s greatest asset is its people. We focus on accelerating talent growth and

Talent as Priority and holistic competencies fostering mastery in specialized fields.enabling rapid replication of talent capabilities.Expert

Internal Promotion Establish an effective evaluation mechanism to provide objective criteria for internal

Recognized

internally and

talent selection. externally and

able to drive

Merit-based Incentives Eliminate egalitarianism by aligning compensation and resources with individuals who

corporate

Senior

are "motivated to act" "capable of acting" and "deliver results." decision-making

Continuous Growth The company commits to offering employees opportunities for sustained career devel- Professional

Recognized as expert in certain

field of practice and able to solve

opment. different kinds of complex issues

Competent Specialized in certain field of practice Jiangsu Beiren consistently regards talent as the core driver of corporate development. Upholding the principle that "talent is and capable of solving complex issues

the primary resource" the company continuously invests in talent development optimizes human resource allocation and fosters or leading mid-size projects

a corporate culture that values knowledge and respects talent. Experienced Capable of project planning

The company advocates that "every employee is the master of their own career development" designing clear growth path- execution and conducting

ways and career ladders encompassing both horizontal and vertical directions. For horizontal development Jiangsu Beiren innova- continuous improvement

tively implements a three-track talent development model: Professional Technical Track; Project Management Track; Business Novice Capable of solving

Management Track. After building foundational expertise employees can autonomously choose their preferred development track problem independently

based on personal strengths and aspirations enabling diversified career progression.Capable of performing

Career Development Pathways what is assigned Employee Development Path: Novice to Expert

Talent Development Framework

Executive expert In today’s fiercely competitive market the company recognizes the critical role of employee efficiency and innovation in sus-

taining growth. Employee training is elevated to a strategic priority with a focus on building a learning-oriented organization that

Executive unlocks potential and enhances professional competencies across the workforce.Expert

Project management Beiren Talent Development Framework

expert Senior manager

Senior manager Higher-level Higher-level Higher-level Higher-level Higher-level

Senior development development development development development development

Project manager Junior manager Job rotation Job rotation Job rotation Job rotation

/ Senior on-site manager

Professional Mid-level manager Mid-level Mid-level Mid-level Mid-level Mid-leveldevelopment development development development development development

Project engineer Supervisor Job rotation Job rotation / On-site manager Junior manager Junior-level Junior-level Junior-level Junior-level Junior-level

Competent development development development development development development

Manager Technical personnel development Project manager Functional & salesdevelopment development personnel development

Experienced Must knows for new hires

Training course structure

Starter

2930

Job qualification

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The company has established a robust framework through its Training Management System and Jiangsu Beiren Mentorship Case Study: Empowering Outstanding Talent through“ Chairman Dialogue”

System offering scenario-based personalized training programs tailored to employees’ career stages roles and domains. Lever- ? Building a Sustainable Future

aging a hybrid online-offline training model the framework provides specialized learning opportunities in technical and manageri-al fields. Supported by mentorship programs and a qualification certification system it empowers employees to achieve personal As the most valuable asset of the enterprise talent development is central to Jiangsu Beiren’s ESG-driven vision. The“ Chair-growth while driving organizational success. man Dialogue” initiative exemplifies the company’s commitment to fostering talent growth and advancing sustainable develop-

ment.Specialized Skill Development Programs

Bridging Communication Gaps to Ignite Talent Potential

Star Creation Program Target: Trainees

The“ Chairman Dialogue” breaks hierarchical barriers offering young professionals across roles and levels a direct platform to engage

with the Group’s top leadership. This open inclusive and egalitarian communication reflects Jiangsu Beiren’s respect for talent and

2023: 11 trainees completed 9172 study check-ins; 4 aligns with the ESG principle of“ people-centricity.”

were nominated as "Outstanding Employees of the Year."

2024: 14 trainees completed 12758 study check-ins; 3

were nominated as "Outstanding Employees of the Year."

Listening and Accelerating Growth

Young talents share their onboarding experiences achievements and career aspirations while the Chairman provides personalized guid-

ance to clarify development paths and ignite motivation. Through these exchanges the company gains deeper insights into employees’

strengths and potential offering tailored support to align individual growth with corporate sustainability.PEAK Climb Program Target: Interns & Campus Hires By leveraging the strengths and potential of each employee we provide personalized development plans and resource support to accel-

erate their growth seamlessly aligning individual advancement with the company’s sustainable development. This ensures that

outstanding talent thrives while driving long-term organizational success.

2023: 68 employees participated in 2 sessions.

2024: 79 employees participated in 2 sessions.

Advancing Social Responsibility through Shared Success

The initiative extends beyond internal talent development cultivating innovators with global perspectives who will drive high-quality

growth in intelligent manufacturing. This underscores Jiangsu Beiren’s social responsibility to nurture industry leaders and contribute to

societal progress.On-Site Mentorship Program Target: Technical Roles

2023: 83 trainees guided by 41 mentors achieved 6 mentorship development goals and submitted 6 monthly progress

reviews advancing from junior/assistant roles.

2024: 46 trainees supported by 28 mentors successfully advanced to higher roles.

31 32About this Chairman’s China’s Intelligent Governance Social Product Environmental Reader

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Occupational Health and Safety Jiangsu Beiren has established a comprehensive safety management system for suppliers and contractors through policies

such as the Supplier Work Safety Management Policy and Safe and Civilized Service Agreement. The company defines safety

requirements across the entire project lifecycle—from supplier selection and onboarding training to construction oversight and

Jiangsu Beiren prioritizes workplace safety in automated production line design and project execution strictly adhering to post-project evaluations. In supplier screening rigorous review of safety qualifications and performance to ensure partners possess

national regulations and establishing a comprehensive safety management system to protect employees and equipment. sound safety track records. In onboarding training mandatory safety education and training for supplier/contractor personnel cov-

While automated production enhances efficiency cost-effectiveness and product quality heightened automation introduces ering company safety protocols operational procedures and emergency response measures. Personnel must pass assessments

critical safety risks. Robust safety protocols are essential to prevent accidents and ensure operational continuity. before commencing work. In construction oversight full-process safety supervision with regular inspections of construction sites to

The company complies with the Work Safety Law of the People’s Republic of China Occupational Disease Prevention Law eliminate hazards. The company also developed strict enforcement of safety protocols and protective measures. Safeguarding

and Fire Protection Law anchoring its safety framework on accountability. The system encompasses policies organizational struc- labor rights across the supply chain by ensuring suppliers/contractors provide safe and healthy working environments. During 2024

tures and defined responsibilities to ensure continuous improvement. reporting period the company reviewed 2 high-risk contractor operation plans monitored 2 implementation plans and resolved 6

hazards.To improve the work environment the company has implemented various measures to control and eliminate occupational

health hazards. These include providing effective ventilation systems to ensure air circulation with regular testing and cleaning;

installing air purification equipment to reduce harmful substances in the air; using noise reduction or soundproofing devices to

minimize noise exposure; and substituting harmful chemicals with less toxic alternatives.Additionally the company places high importance on occupational health training. It designs training programs tailored to

the industry’s characteristics ensuring appropriate content duration methods assessment criteria and passing standards to

gas safety training daily pre-work training contractor safety training meet the needs of employees in different roles. Through these initiatives employees acquire essential knowledge and skills to pro-

tect their health enhancing their awareness and competence in occupational health.During the reporting period the company’s business activities and work environment did not involve significant occupation-

The company takes a series of proactive safety measures. In Equipment Management the company developed an equipment al health hazards and no cases of occupational diseases occurred. All occupational health risks were effectively mitigated.management manual outlining usage maintenance and inspection protocols. Preventive maintenance ensures optimal function-

ality. In the risk mitigation a dedicated safety task force conducts regular hazard inspections and risk assessments. Safety proto- During the reporting period

cols protective devices and emergency stop mechanisms are implemented. 126 hazards were identified and resolved; zero work-

place injuries or lost time incidents. In the data security the company established an information security system with encrypted elimination of workplace injury lost work hour occupational disease case %safety training coverage rate

data storage regular backups and technical safeguards for production systems. In terms of employee training the company con- 100 safety hazards 0 0 0 100

ducted 5 safety training sessions (625 participants) and 3 emergency drills in 2024 enhancing operational competence and crisis

response. In terms of environmental stewardship the company enforced waste management standards monitored emissions and

promoted eco-awareness through training. Occupational Disease Hazard Prevention Measures

These measures ensure safe operations elevate employee safety awareness and lay a robust foundation for sustainable

growth.Work Safety Management System

Hazard identification Hazard Hazard detection Protection and

and monitoring communcation and control health checks

Conducting assessment to identify major Reporting occupational Setting up warning Conducting occupa- Providing employees

risk factors each year. hazards and manage- signs at workplaces job tional hazard factors with protection

The Company has established a Safety Each department developing and imple- ment practices to local sites and equipment detection on a regular equipment.health departments facilities. basis.Production Committee as the highest leader- menting control measures based on the regularly. Organizing pre-job

ship group for safety production with the results of risk assessment.Reviewing the risk identification content of Notifying employees of Repairing and on-the-job and

Governance General Manager serving as the Director of the Safety Committee. Risk control the previous year in the first quarter of

Formulating annual potential occupational maintenance of on-site departure health

work plans on hazards exposure risks. facilities for occupa- checks for employees

each year and arranging safety education occupational hazards tional hazard controls. exposed to occupation-

and training for relevant personnel. control. al hazards.

2024 Gas Safety Training

Management System for Major Hazardous In recent years gas accidents have occurred from time to time posing a serious threat to the safety of company employees

Sources Occupational Health Management Regularly conducting employee awareness and property. To enhance the gas safety awareness knowledge and skills of cafeteria staff and prevent accidents the company has

System Supplier Safety Production Manage- training including fire drills etc.ment Policy etc. conducted gas safety training. On March 15 2024 the company's EHS department organized a special gas safety training session Policy Safety culture for cafeteria managers gas operators and other relevant personnel. The training covered topics such as basic knowledge of gas

development safe usage standards accident prevention and emergency response.

33 34About this Chairman’s China’s Intelligent Governance Social Product Environmental Reader

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Creating a Low-Carbon Supply Chain: In empowering its suppliers Jiangsu Beiren supports their improvement and development through various initiatives. Leveraging its technical and managerial expertise the company

Empowering Sustainable Development of Industrial Ecosystems provides suppliers with technical training and shares management experience to help enhance

production efficiency improve product quality and optimize cost control. Additionally Jiangsu

The company closely follows industry development trends seizes the opportunity of rapid industry growth and low-carbon Beiren collaborates with suppliers on R&D activities to promote technological innovation and

transformation actively expands its business and promotes the company's development to a new level. At the same time the product upgrades thereby strengthening their market competitiveness. Through these empower-

company deepens all-round communication and cooperation with partners in the industrial ecosystem. On the premise of fully ment measures Jiangsu Beiren has established long-term stable and mutually beneficial part-

respecting the intellectual property rights of all parties it jointly promotes innovation and change across the industry supports nerships with its suppliers jointly driving the sustainable development of the entire industrial

industry upgrading and transformation and collaborates to open up broader market space creating more development opportuni- chain and contributing to the prosperity and progress of the industry.ties and value for the company and its partners. From March to May 2024 Jiangsu Beiren conducted on-site quality training for non-standard

In the manufacturing industry the perfection and efficiency of the industrial chain system are crucial for sustainable develop- machining suppliers covering topics such as past project quality issues quality requirements

ment. Jiangsu Beiren fully recognizes this key point and actively engages in deep cooperation with supplier partners committed to quality management methods and processes delivery management requirements and feedback mechanisms. A total of six training sessions were held involving six major suppliers with 34 participants including corporate leaders and quality and production managers.jointly building a sustainable supply chain. In this process the company fully leverages its influence as a manufacturer continuous- From May to December 2024 internal quality training was conducted focusing on SPC CMM measurement daily quality management

ly radiating and driving suppliers at all levels guiding and helping them to actively fulfill product quality environmental and social and work standardization with all quality personnel participating.responsibilities and ensuring the healthy and orderly development of the entire value chain.To ensure product quality and timely delivery Jiangsu Beiren places great emphasis on the compliance and sustainability of As one of the leading companies in the industry Jiangsu Beiren is committed to driving overall industry development with a

supply chain management. The company strictly requires suppliers to comply with all applicable laws regulations and internal strong sense of responsibility and mission. The company fully utilizes its business and technical advantages to integrate resources

management standards while actively guiding suppliers to fulfill environmental and social responsibilities and effectively manag- and promote collaborative innovation and technological progress across the industrial chain contributing to sustainable industry

ing environmental and social risks in the supply chain. The company has established comprehensive systems such as the "Supplier growth.Management System" and "Processing Management System." Based on these systems a rigorous internal supplier evaluation stan- In facilitating industry exchange Jiangsu Beiren actively builds platforms for technological cooperation and communication regularly organizing technical seminars experience-sharing sessions and other industry events. These events bring together enter-

dard system has been built. In transactions with suppliers the company always follows the principles of fairness impartiality and prises research institutions and experts from upstream and downstream sectors of the industrial chain to promote information

openness ensuring the transparency and standardization of cooperation between both parties. sharing and idea exchange. Such activities not only help companies stay updated on the latest industry trends and cutting-edge tech-

Supply Chain Management System nologies but also strengthen cooperation and trust among participants laying the foundation for broader technological collabora-tion.In standard-setting Jiangsu Beiren leveraging its deep technical expertise and rich experience in smart manufacturing actively

Evaluating new suppliers based on product quality delivery capacity environmental protec- supports the development and revision of industry standards. The company organizes internal teams of technical experts to partici-

tion and business ethics. pate in standard-setting projects of industry associations and standardization organizations contributing its wisdom and experience

to the improvement of industry standards. Through this involvement Jiangsu Beiren not only promotes its advanced technologies

For suppliers involved in pollution and waste discharge processes the Company will not work

Selection and management practices across the industry but also enhances alignment and collaboration with upstream and downstream with those without environmental qualifications. enterprises within the framework of these standards fostering integrated industrial chain development. In recent years the company

has contributed to the development of standards such as the "Welding Manufacturing Specifications for Aluminum Alloy Battery

Trays in New Energy Vehicles" and the "Technical Specifications for Stirring Friction Welding of Cast Aluminum." and etc.Additionally Jiangsu Beiren actively participates in various industry associations and exchange events playing a significant role

Establishing a supplier performance monitoring mechanism and evaluation system and contributing to industry development. Company leaders and technical experts are frequently invited to deliver keynote speeches

against suppliers' quality pricing and technical support. at industry association meetings and exhibitions sharing Jiangsu Beiren’s innovative achievements and practical experience in

smart manufacturing to provide reference and inspiration for the industry. These activities also enable the company to stay informed

Performance Conducting supplier performance evaluations once every six months. about policy directions and market demand changes allowing it to adjust its development strategy and business layout to maintain

its leading position in the industry.On March 12 2024 the 2024 China Electric Vehicle Power Battery Industry Summit and

the 8th China Electric Vehicle Battery Module and PACK Innovation Technology and Process

Suppliers with a performance score below 60 in the evaluation will have their Development Forum & 3rd China Electric Vehicle Power Battery (Large Cell) Developer

supplier qualification directly revoked. Forum were held in Shanghai. Wang Bin Technical Director of Jiangsu Beiren was invited to

Elimination attend and deliver a keynote speech titled "Automation Line Planning Solutions for

Steel/Aluminum Alloy Battery Trays in New Energy Vehicles" sharing insights on battery tray

automation line process planning and case studies.In summary through initiatives such as building industry technology cooperation platforms supporting standard-setting

Conducting regular supplier training sessions to help improve their and actively participating in industry associations and exchange events Jiangsu Beiren effectively aggregates the wisdom and

management capabilities in areas such as product quality etc. strength of multiple stakeholders driving overall industry development and technological progress. Looking ahead the company

Continuous will continue to increase its investment in industry exchange and standard-setting working hand in hand with upstream and

improvement downstream enterprises in the industrial chain to jointly create a bright future for the smart manufacturing industry.

35 36About this Chairman’s China’s Intelligent Governance Social Product Environmental Reader

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Commitment to Good and Shared Value: Building a Clean‘ Bottle’ Home: We Are in Action

Empowering the Future Through Donations On June 5 2024 Jiangsu Beiren Smart Manufacturing Technology Co. Ltd. organized a thematic public welfare activity titled

"Building a Clean‘ Bottle’ Home: We Are in Action" to celebrate World Environment Day. The event encouraged employees to recy-

In 2024 Jiangsu Beiren Smart Manufacturing Technology Co. Ltd. actively fulfilled its corporate social responsibility (CSR) by cle plastic bottles from their daily lives to contribute to environmental protection. For each bottle employees deposited at desig-

making continuous contributions to public welfare and charity demonstrating its role as a responsible corporate citizen. nated locations the company donated a bottle of purified water to sanitation workers—a public welfare and environmental way to

During the 2024 "99 Public Welfare Day" the company responded to the national call for "China Charity Day" by donating to honor these environmental guardians.the Suzhou Industrial Park Charity Federation through the Tencent Charity platform to support charitable activities and public wel-

fare initiatives. In addition to financial support the company encouraged employee participation. Before the event it issued an

initiative to all staff calling for their involvement in the "99 Public Welfare Day" donation drive. The management led by example

and the company pledged to match employee donations at a certain ratio significantly boosting participation and creating a posi-

tive atmosphere of collective engagement.Moreover Jiangsu Beiren plans to establish a long-term public welfare partnership with the Yangpu Road Community partici-

pating regularly in community-organized public welfare activities and addressing the actual needs of community residents to con-

tribute to the community’s harmonious development. The company’s head stated that as a socially responsible enterprise it is

well aware of the importance of giving back to society. Through the "99 Public Welfare Day" donation activity the company not

only conveyed its compassion but also forged a strong bond of public welfare with the Yangpu Road Community.During the event Jiangsu Beiren’s water donation team brought refreshment to sanitation workers who were working in the

heat and cleaning the streets. The team then visited the Guoxiang Street Environmental Sanitation Management Office in Wuzhong

District Suzhou to deliver over 20 boxes of purified water and express gratitude for the workers’ hard work. This public welfare

activity not only showed respect and care for sanitation workers but also reflected Jiangsu Beiren’s emphasis on environmental

protection and its determination to fulfill its social responsibilities. The goal was to jointly protect the blue skies white clouds

clear waters and green mountains and to contribute to building a beautiful China.In 2024 Jiangsu Beiren continued to fulfill its CSR by actively engaging in educational initiatives (public welfare initiatives). In

terms of educational donations the company donated RMB 500000 to the Educational Development Foundation of Harbin Insti-

tute of Technology to support the university’s educational development and talent development. This donation aims to help

Harbin Institute of Technology enhance its educational quality and train more outstanding individuals contributing to the nation’s Jiangsu Beiren has always actively carried out various initiatives (public welfare initiatives) such as donating scholarships

technological progress and social development. Through this initiative Jiangsu beiren demonstrated its sense of social responsi- consoling firefighters and environmental protection activities aiming to be a practitioner of social responsibility. In the future the

bility and commitment to education making a contribution to the advancement of educational public welfare initiatives. company will continue to shoulder its responsibilities and make greater contributions to the sustainable development of society.

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Product Stewardship:

Innovation Drives the Future Responsibility Leads Change

From Efficiency to Resilience:

Industrial Automation Builds a New Quality Productivity Ecosystem 41

Energy Storage Solutions:

Accelerating the Zero-Carbon Future with Technological Innovation 43

Product Innovation:

"BR-InMan" Intelligent Welding Robot System 45

Industry 5.0 o revolution:

Zero-Defect Practices in Flexible Manufacturing Systems 47

39 40About this Chairman’s China’s Intelligent Governance Social Product Environmental Reader

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Product Stewardship: Jiangsu Beiren’s Italy Project

Innovation Drives the Future Responsibility Leads

Change

From Efficiency to Resilience:

Industrial Automation Builds a New Quality Productivity Ecosystem

Jiangsu Beiren’s intelligent manufacturing business is one of its core business. Leveraging its extensive expertise in robotic

system integration and smart factory the company provides customers with turn-key engineering services "products + technology +

services."

Jiangsu Beiren specializes in delivering customized industrial robot automation and intelligent system integration solutions for

clients in industries such as automotive aerospace shipbuilding and heavy machinery. Its offerings include the R&D design manu-

facturing assembly and sales of flexible automated and intelligent workstations and production lines. These solutions cover

flexible automated welding production lines intelligent welding equipment and production lines laser processing equipment

digital workshops flexible automated assembly lines and automated polishing and grinding equipment.The company also provides digital software products like MES (Manufacturing Management System) and intelligent logistics

systems to help enterprises achieve digital and intelligent management of production processes enhancing efficiency and quality On June 25 2024 Jiangsu Beiren’s overseas project team was officially deployed to Italy marking a critical step in the company’s

control.Building on its strengths in intelligent manufacturing and digitalization Jiangsu Beiren has established an energy storage global strategy. This project represents Jiangsu Beiren’s first venture into international markets and serves as a major milestone in its

technology R&D center and product production base. This initiative integrates product design production line development supply global expansion strategy highlighting the company’s keen insights into international opportunities and unwavering commitment to

chain manufacturing and asset operations into a seamless chain enabling full lifecycle management of its energy storage product overseas development.series. The Italy project team comprises elite professionals in design simulation process engineering R&D safety installation and

commissioning. Through close collaboration and collective innovation the team completed pre-installation at Jiangsu Beiren’s

workshop within over 20 days and finalized all shipments in May showcasing the company’s signature efficiency and professionalism.Jiangsu Beiren’s Mexico Project Jiangsu Beiren’s Italy project delivers a customized high-end subframe welding production line for the client integrating

cutting-edge technologies such as precision arc welding intelligent material handling and vision inspection. The production line

exemplifies exceptional technical sophistication in its development and implementation featuring over 70 highly efficient and

safety-certified robots. It covers precision welding and automated material handling processes and is integrated with the Sintra (SCADA)

system to enable full-process traceability and efficient management. With an automation level of 95% the production line sets a new

benchmark for the intelligent manufacturing industry.The company actively expands its presence in domestic and international markets establishing long-term stable partnerships

with numerous renowned enterprises. For instance Jiangsu Beiren has signed a strategic cooperation agreement with Schneider

Electric. Leveraging their respective strengths in digital transformation and lean production the two parties aim to jointly drive

intelligent upgrades across industries. Additionally the company has deepened collaborations with entities such as TCL PV Tech in

the energy storage sector further broadening its business horizons.Through continuous technological innovation and high-quality services Jiangsu Beiren’s intelligent manufacturing business

consistently creates value for clients empowering enterprises to achieve intelligent transformation and upgrading.On June 14 2024 Jiangsu Beiren’s Mexico project successfully commenced marking another significant milestone in the compa-

ny’s overseas expansion. After obtaining the Mexico project order Jiangsu Beiren’s various departments quickly repsonded forming a

dedicated project team composed of elite professionals in design simulation process engineering planning R&D and installation and

commissioning to ensure efficient and orderly project execution.The Mexico project is to deliver a complete front subframe welding and assembly production line for an end customer. With an

automation rate of 95% the line incorporates nearly 200 robots and features functions such as welding material handling 3D vision

guidance and production line data tracing. The project encompasses various processes including arc welding projection welding

press riveting punching press-fitting weld seam inspection and dimensional inline inspection. The arc welding methods employed

include TIG welding MAG welding and MIG welding. The inline measurement system operates on the principle of triangulation to obtain

3D spatial coordinates of measured features ultimately deriving the three-dimensional information of measurement points in the

vehicle coordinate system.The successful launch of the Mexico project not only demonstrates Jiangsu Beiren’s technical prowess and teamwork capabilities

in intelligent manufacturing but also further solidifies the company’s competitiveness and influence in the global market.

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Energy Storage Solutions: Currently Jiangsu Beiren’s industrial and commercial energy storage assets cover provinces and regions including

Accelerating the Zero-Carbon Future with Technological Innovation Jiangsu Zhejiang Shanghai Guangdong and Hunan. Below are notable examples of energy storage projects devel-oped and delivered by the company:

Jiangsu Beiren’s energy storage business is a vital component of its strategic portfolio. Building on its profound expertise in

intelligent manufacturing the company has successfully expanded into standardized energy storage products and established an 40MWh Project for a Zhejiang-listed Companyintegrated business model spanning“ product design ? production line R&D ? supply chain ? large-scale manufacturing ? assetownership ? asset operations” positioning itself comprehensively in the energy storage sector of the new energy industry.Jiangsu Beiren’s energy storage product series adopts a modular design integrating the latest energy storage technologies. This project integrates solar and storage systems ("solar + storage") and

The products feature enhanced safety with an AI-driven proactive safety warning system higher energy density faster charging/dis- provides intelligent energy operation services combining energy storage

charging capabilities and a smarter energy management system delivering efficiency reliability intelligence and security. For and carbon management. It addresses the client’s demand for green and

industrial and commercial energy storage applications the company leverages its industry-leading integrated PCS (Power Conver- energy-efficient operations while effectively aligning with CBAM.sion System) and PACK liquid cooling system to ensure operational efficiency and product longevity.green characteristics of Beiren Products

3.5MW/7.525MWh Project for Jiulong Steel Logistics Co. Ltd.

PACK

Equipped with welding traceability database to ensure the reliability and This project holds significant importance for Jiulong Steel Logistics Park in

safety of energy storage systems. driving energy structure optimization improving comprehensive energy

utilization efficiency and promoting green low-carbon development. It

stands as a benchmark project in the energy storage industry for logistics

park applications.Fully liquid cooled industrial and

commercial energy storage system

Equipped with a three-level fire warning system with a 20% increase in cycle life Liandong U Valley Project

and a 20% reduction in auxiliary control energy consumption.The three industrial parks under Liandong U Valley in Suzhou collectively total 8.6MWh

including:

* Liandong U Valley·Suzhou Industrial Park Dual Innovation Center: 1.5MW/3.225MWh

* Liandong U Valley Suzhou Xukou Technology & Intelligence Hub Industrial

Park:·1.8MW/3.87MWh

Energy storage battery compartment * Liandong U Valley Suzhou Mudu Precision Manufacturing Industrial Park: 0.7MW/1.505MWh

These projects have made significant contributions to optimizing energy structures and

Product itself comes with key advantages such as safety and reliability; efficient enhancing energy efficiency in industrial parks.charging and discharging; high mobility flexibility and scalability. It can provide

stable and efficient energy supply solutions for various application scenarios.Additional Projects

Carbon management platform

Guojiao Adhesive New Materials Industrial Park Management Co. Ltd.: 1.7MW/3.655MWh

Jiangsu Gaogexin Microelectronics Co. Ltd.: 1.5MW/3.225MWh

Energy storage + carbon management helping customers to peak carbon Zhuhai Hi-Tech Bay New Energy Technology Co. Ltd.: 0.8MW/1.72MWh

emission and achieve carbon neutrality.Moving forward Jiangsu Beiren will continue to increase investment in its energy storage business actively expand its business

Jiangsu Beiren’s energy storage business has demonstrated robust growth offering end-to-end services across the entire models optimize product quality and enrich its product portfolio. The company is committed to building a smart energy storage

industry chain — from energy storage system manufacturing to asset ownership asset operations market channels and virtual ecosystem and contributing to the achievement of dual-carbon goals.power plants. The company has successfully delivered multiple energy storage projects actively contributing to optimizing energy

structures and enhancing energy efficiency in industrial parks.

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Product Innovation: Technology Ethics

"BR-InMan" Intelligent Welding Robot System

Jiangsu Beiren recognizes data as a core asset and strives to become a leader in ethical data utilization whether as an industrial

The Beiren Research Institute focuses on technological R&D and innovative applications in intelligent manufacturing. With a robot system integrator or a provider of intelligent manufacturing solutions. The company actively engages in data ethics and

professional R&D team it is dedicated to developing new products processes and technologies while providing cross-functional artificial intelligence (AI) initiatives responding not only to growing regulatory demands and public discourse on these topics but

business support. also aiming to strengthen its internal AI governance framework and establish its position in regulatory landscapes.The company employs AI responsibly in its operations under a robust AI governance framework. This includes ensuring a

Welding Technology Department human-centric approach in AI system deployment particularly when adopting generative AI solutions where human oversight

remains critical and is explicitly integrated into the governance framework. Ensuring compliance with current and emerging regula-

Specializes in welding process modeling and R&D with a focus on laser welding laser cutting tions as well as proactively adopting best practices in anticipation of regulatory shifts is a top priority in its data ethics strategy.and laser cleaning processes for automotive and new energy industries. Delivers laser

application solutions and engineering technical services.Vision Technology Department Data Security and Privacy Protection

Focuses on R&D for machine vision guidance inspection and measurement technologies.Leverages extensive expertise to provide efficient and precise vision solutions. The company prioritizes the privacy protection of stakeholders and has established a comprehensive privacy management

system that spans multiple data types ensuring full lifecycle compliance for sensitive data.Jiangsu Beiren strictly adheres to the Cybersecurity Law of the People’s Republic of China and other relevant regulations.Core R&D Department Aligned with ISO 27001 standards it has implemented a robust information security management system and protocols to

safeguard corporate data integrity and uphold overall corporate interests. Key measures include:

Prioritizes "AI large models + robotics" for cutting-edge technology development and

commercialization.New Energy Product Center Critical equipment such as firewalls network devices and servers are housed in professional IT

server rooms equipped with real-time monitoring systems； IT personnel conduct daily

Engages in R&D and design of energy storage and wireless charging technologies delivering inspections to ensure stable operations.efficient energy storage solutions.For industries such as shipbuilding steel structures and elevators — characterized by low-volume multi-variety single-unit

production complex workpiece structures diverse welding skill requirements and flexible processes — Jiangsu Beiren has

developed the highly autonomous BR-InMan intelligent welding robot system. By advancing three core technologies — robot intelli-

gence skill and functionality — the system overcomes the limitations of traditional industrial robots in balancing task complexity Deploy advanced firewall systems and assign dedicated professionals to manage IT security

autonomy and adaptability. This enables the generalization of welding objectives and tasks across diverse industrial scenarios.The effectively mitigating hacker attacks and virus intrusions.first-generation BR-InMan system has been deployed at Midea Group in Guangzhou and Zhongyifeng Group in Suzhou. The

second-generation system is currently under continuous development.New in 2024 Cumulative as of 2024

Applications Filed Grants Obtained Applications Filed Grants Obtained

(units) (units) (units) (units)

Classify and manage information assets based on protection levels implementing strict access

Invention Patents 6 11 86 37 controls to ensure data security.Utility Model Patents 13 17 101 78

Design Patents 0 0 0 0

Software Copyrights 5 5 35 35 Provide mandatory onboarding and periodic cybersecurity training for all employees to reinforce

Others 4 0 17 13 security awareness；Deliver specialized training for IT staff to enhance their expertise in threat

prevention and response.Total 28 33 239 163

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Industry 5.0 o revolution: Product and Service Safety and Quality

Zero-Defect Practices in Flexible Manufacturing Systems

Digitalization Drives Sustainable Development

In today’s highly competitive business environment the stabili-

In today’s digital era corporate sustainable development is inseparable from digital transformation. Jiangsu Beiren deeply ty and reliability of product quality are essential for a company’s

recognizes the importance of digitalization and actively invests in digital projects to enhance competitiveness management efficien- survival and development. The manufacturing process is crucial in

cy and innovation capabilities thereby achieving sustainable development goals. determining product quality. Only by ensuring compliance in the

By implementing digital projects Jiangsu Beiren has achieved significant results in operational support. The deployment of 11 production process and continuously providing safe and reliable

business support initiatives such as the Wireless Charging Operations Platform and Tongcheng Business Travel Platform has products to customers can a company secure a foundation for ongoing

optimized employee collaboration improved customer satisfaction and strengthened market competitiveness laying a solid growth.foundation for business expansion and revenue growth. Digital projects have driven management optimization enhancing both At Jiangsu Beiren we adhere to a quality policy that emphasizesefficiency and scientific rigor. Three foundational digital management models including comprehensive budget management “people-oriented approaches technological leadership integrity andintegrate management philosophies into system execution ensuring transparent and controlled workflows. By combining data and continuous improvement” in our pursuit of excellence. To this end we

rules to assist decision-making (e.g. automatic project pause/resume functions) the company achieves intelligent decision-making have established a series of robust management systems such as the

reduces operational costs improves resource efficiency and safeguards economic benefits. Digitalized project ETC processes and “Product Monitoring and Measurement Control Procedure.” During

POI-based budget tracking enable real-time cost monitoring and precise control preventing budget overruns and boosting project the reporting period we successfully obtained certification for the

profitability. A self-developed expense control system enhances flexibility in cost management and risk mitigation optimizing cost GB/T19001-2016 / ISO9001:2015 quality management system signify-

structures and expanding profit margins. ing that our quality management has reached international standards.We have implemented a comprehensive quality control system

that covers every stage of the process from analyzing customer

Data-Driven Sustainable Development requirements designing solutions procuring raw materials incoming

material inspection production operations shipping management to

on-site supervision. Each stage is governed by stringent quality

Environmental

Sustainability management requirements and safety protocols to ensure our

products meet national and industry standards.Social Sustainability ? Paperless Office & Resource

Conservation

? Knowledge Management & Data

Economic Sustainability ? Equipment Intelligence & Energy Value Mining Conservation/Emissions Reduction

? Technological Innovation &

? Business Support & Operational Intelligent Upgrading

Efficiency Enhancement

? Management Optimization &

Decision Support

? Cost Control & Risk Mitigation Full-Process Quality Control

Mass production

Testing Solutions for issues

discovered during mass

production stages are

Jiangsu Beiren prioritizes knowledge management and data value extraction. Digital projects facilitate efficient knowledge Assembling Any problematic parts communicated and

affecting equipment

sharing and data utilization: Organized expertise is leveraged through AI-driven Q&A systems breaking down knowledge silos and confirmed with the functionality are customer before

fostering employee growth and innovation. Large model capabilities enable intelligent data analysis unlocking actionable insights Entering factory Issues identified are immediately reported promptly addressed implementation.and actions such as

for rapid decision-making operational efficiency and market responsiveness.The company independently deployed the Tongyi through factory repairs Conducting individual design modifications or appropriate actions.Qianwen 7B model to develop AI-powered Q&A systems and advance intelligent production lines. Real-time data accessibility Manufacturing inspections on products; repairs or factory remanufacturing are

automated analytical dashboards and AI-optimized equipment cycles and welding quality enhance production efficiency and Product any quality issues are Exercising control and immediately addressed undertaken based on

product quality positioning Jiangsu Beiren as an industry innovation leader. designing supervision over through factory repairs actual circumstances.processes techniques

Digital initiatives promote paperless operations and resource conservation: A proprietary OA system streamlines approval or remanufacturing.Strengthening review and quality; promptly

workflows and centralizes tasks reducing paper usage. Optimized expense control and reimbursement processes minimize paper and verification of engaging relevant drawings; any personnel and units for

consumption lowering environmental impact. Intelligent production line upgrades enable energy-saving adjustments based on non-compliant optimization upon

real-time demand while AI-controlled welding parameters reduce defect rates and material waste achieving a balance between drawings promptly identifying issues.returned to the design

productivity and sustainability. team for modification and update.Jiangsu Beiren’s digital projects have delivered remarkable outcomes in management efficiency and innovation driving

holistic sustainability across economic social and environmental dimensions. Moving forward the company will deepen its digital

investments explore innovative models and set benchmarks for sustainable development and industry-wide digital transformation.

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In our day-to-day operations we strictly enforce all rules and regulations. Everyone from senior management to frontline The company places great importance on customer feedback. By regularly conducting customer communication activities and

workers is well aware of their responsibilities in quality control. We regularly train our employees and suppliers to enhance their satisfaction surveys we gather customer opinions and suggestions which serve as key references for improving service quality.quality awareness and operational skills ensuring that every stage meets high-quality standards. Additionally we have implemented a series of stringent information security measures to ensure the proper protection of customer

To boost quality awareness across all departments in August 2024 Jiangsu Beiren underwent an annual comprehensive audit information allowing customers to enjoy our services without any concerns.of its quality management system through the certification body CQC and the results met the system’s operational requirements.For suppliers Jiangsu Beiren assesses their capabilities before placing orders conducts regular ratings and determines supply

scopes. We also update the supplier capability matrix. Monthly performance evaluations are carried out on machining suppliers’

on-time delivery rates and quality. Suppliers with poor performance undergo targeted training and on-site coaching. Customer Complaint Handling Process

Through these initiatives we not only meet customer expectations for product quality but also maintain a leading edge in the

competitive market ensuring the company’s sustainable development.Conducting

Product & Service QA training Summarizing the regular follow-up

problem with customers to Developing relevant

QA training Analyzing customer Identifying root Formulating phenomenon and understand their execution standards

complaints. cause and impact. solutions. outlining follow-up needs and to make tailored to the needs

measures to address real-time of different

customer concerns. customers.From May to December 2024 we conducted internal quality training adjustments of

sessions on topics such as SPC MSA CMM measurement daily quality work execution.management and work standardization with all quality personnel

participating. In March we learned that a customer in Zhengzhou was experiencing frequent production line equipment failures and low

operating rates. Jiangsu Beiren immediately arranged for personnel to provide on-site support. By recording categorizing and

addressing the issues on site and utilizing production downtime for verification we ensured smooth production and met the

Engineer training customer’s operating rate requirements.In May during a project in Shenyang the supplier recommended by the customer exhibited poor cooperation and reluctance

On November 22 2024 we conducted training for engineers on robot to solve problems during on-site construction. After agreeing on a timeline with the customer Jiangsu Beiren promptly dispatched

welding processes and quality. The training covered both theoretical engineers to provide on-site support resolving the issues in a timely manner and earning the customer’s recognition.knowledge including welding principles workstation composition weld-

ing process parameter settings welding quality inspection standards

industry safety norms and analysis and prevention of common welding

defects and practical skills such as robot programming and operation

daily maintenance and troubleshooting of welding equipment practical To continuously enhance the quality of customer service the company also regularly conducts professional training for

operation of quality control points (CPK) and the production and quality its customer service team enabling them to stay updated on the latest product knowledge and service skills. Furthermore we

evaluation of welding samples. have established a customer complaint handling mechanism to ensure swift and proper resolution of customer complaints

guaranteeing customer satisfaction.Customer Relationship Maintenance

The company strictly follows a business philosophy that centers on meeting customer requirements regarding the fulfillment

of customer needs as the top priority for its development. To this end we have established a comprehensive customer service system

and formed a customer service team comprising quality and technical elites. This team is not only highly professional but also Customer Satisfaction

service-oriented enabling it to respond promptly to various customer needs.In December 2024 a customer reported that the fixture positioning pin on site was wobbling average 9 7 . 6 out of 100 0.5 increase vs 2023

affecting the positioning accuracy of their parts. The company responded immediately:

The company reviewed the processes for fixture machining

Upon receiving the information the company promptly assembly inspection and raw material procurement and

dispatched three personnel to the customer’s site to inspection. It was found that the positioning pin purchased as a

conduct a comprehensive inspection of all fixture standard component had not undergone incoming material

positioning pins delivered for the project. They replaced the inspection and the fixture supplier had changed its

pins (after confirming that the pin diameter was below the procurement channel. The company mandated that

lower limit) and remeasured the coordinate measuring subsequent procurement of positioning pins be fixed to a single

machine (CMM). The entire inspection and rectification channel and that incoming material inspection be conducted.process was completed within five days. The SQE (Supplier Quality Engineer) of Jiangsu Beiren was

assigned to monitor compliance.During the fixture installation process whether the The SQE of Jiangsu Beiren included whether the positioning pin

positioning pin wobbles was designated as a key inspection wobbles in the mandatory inspection items for fixture

item. inspection.

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Environmental Responsibility:

Green Manufacturing Supporting China’s“ 30·60” Goals

Symbiosis of Intelligence and Green Practices:

Full Lifecycle Digital Management 53

Energy Innovators:

Promoting Clean Energy Applications 54

Zero-Waste Factory:

Circular Economy in Production 55

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Environmental Responsibility: While transitioning to clean energy Jiangsu Beiren is also reducing greenhouse gas emissions through electrification. During the reporting period the company purchased electric forklifts to gradually replace diesel forklifts saving energy consumption and

Green Manufacturing Supporting China’s reducing exhaust emissions noise pollution and greenhouse gas emissions.During the reporting period greenhouse gas emissions primarily stemmed from on-site natural gas and fuel usage classified

“30·60” Goals as Scope 1 emissions. Through self-built PV systems 34% of electricity now comes from renewable energy. Preliminary estimates indicate that the company’s total organizational greenhouse gas emissions (Scope 1 and Scope 2) for 2024 amount to 775 tons of

CO2 equivalent.Moving forward the company will enhance the implementation of lean production management and improvement measures

Symbiosis of Intelligence and Green Practices: continuously driving initiatives for energy conservation emission reduction and carbon reduction and make steady progress

Full Lifecycle Digital Management toward building a“ zero-carbon factory.”

onsite solar panel

Jiangsu Beiren adopts an integrated dual-industry layout of“ smart manufacturing + AI” and“ energy storage manufacturing +operations” actively engaging in the fields of smart manufacturing and energy storage to support energy structure optimization and

improved energy efficiency. In smart manufacturing we offer end-to-end services from concept to implementation including digital 34% renewable electricity 775 tCO2e for scope 1+2 in 2024

consulting and smart factory construction helping customers achieve intelligent and eco-friendly production while reducing energy

consumption and emissions. In the energy storage sector we develop integrated energy storage systems covering product design

production line development and asset operations providing support for energy transition. Our energy storage systems utilize

technologies such as full liquid cooling and cell consistency screening to ensure safe and efficient operation extend battery life and

improve energy utilization. The company has also independently developed an intelligent energy operations platform that

integrates multiple AI systems to achieve smart management and operational optimization of energy storage assets further enhanc- Energy Innovators: Promoting Clean Energy Applications

ing energy efficiency.Jiangsu Beiren is committed to reducing emissions and conserving energy in its operations through technological innovation As an innovator in smart manufacturing and energy storage Jiangsu Beiren is dedicated to advancing clean energy applica-

and management optimization. During production we employ advanced technologies such as laser welding to improve efficiency tions to support global energy transition and sustainable development. Through smart manufacturing and energy storage opera-

and reduce energy consumption. We also implement lean production management principles to optimize processes reduce waste tions the company provides integrated solutions from smart factory construction to energy storage system operation helping

and enhance resource utilization. In supply chain management we strengthen cooperation with suppliers encouraging the use of enterprises achieve green production and efficient energy utilization. In energy storage system manufacturing Jiangsu Beiren

eco-friendly materials and sustainable production methods to reduce the carbon footprint of the entire supply chain. employs advanced technologies such as full liquid cooling and cell consistency screening to ensure the safety efficiency and longev-

ity of energy storage systems providing reliable support for clean energy storage and release. The company’s independently

As a key measure to reduce emissions in operations Jiangsu Beiren actively installs photovoltaic (PV) systems on factory developed intelligent energy operations platform integrates various systems including AI pre-sale analysis user load forecasting

rooftops converting solar energy into electricity. These systems generate an annual total of 640000 kWh of electricity for the compa- and energy scheduling to achieve intelligent management and optimized operation of energy storage assets enhancing energy

ny’s daily operations avoiding 365 tons of greenhouse gas emissions and effectively protecting the ecological environment. utilization efficiency.PV generated 639697 kWh

Purchased 1209511 kWh

Total volume 1849208 kWh

Jiangsu Beiren continues to prioritize R&D investment consistently optimizing the performance and cost of energy storage

products and expanding clean energy applications. The company plans to collaborate with more international enterprises to

introduce advanced energy storage systems and smart manufacturing solutions to the global market helping regions worldwide

improve energy utilization efficiency and reduce reliance on traditional fossil fuels. Additionally Jiangsu Beiren will actively partici-

pate in global energy transition discussions and practices working with international organizations and research institutions to

jointly explore innovations in clean energy technology and contribute to addressing global climate change challenges.

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Zero-Waste Factory: Circular Economy in Production

As a leading enterprise in smart manufacturing and energy storage Jiangsu Beiren actively practices the concept of sustainable Waste Management in Production Process

development striving to achieve efficient and circular resource utilization in production and exploring pathways to realize

zero-waste factory operations. Jiangsu Beiren implements a strict waste classification and recycling system categorizing and treating different

Waste Classification types of waste generated during production. For example recyclables such as metal and plastic waste are specially

and Recycling processed for reuse while hazardous waste is handed over to professional institutions for safe disposal to prevent

environmental pollution.The company actively seeks opportunities to reuse waste transforming seemingly useless materials into valuable

Waste Reuse and resources. Through cooperation with research institutions or partners it explores the feasibility of processing waste

Resource Utilization materials into new raw materials or product components achieving resource utilization and reducing reliance on

virgin resources.Supply Chain Management and Collaboration

Jiangsu Beiren establishes long-term and stable partnerships with its suppliers and actively encourages and

Promoting Sustainable

Development Among promotes the adoption of environmentally friendly packaging and sustainable production methods. Through close

Suppliers collaboration with suppliers the company is able to control the quality and environmental performance of raw

Zero-Waste Measures in Smart Manufacturing materials at the source thereby reducing waste generation and the carbon footprint across the entire supply chain.By introducing advanced digital consulting and robot-based intelligent automated system integration solutions

Digital and Automated Jiangsu Beiren has achieved a high degree of automation and precision in production. This not only improves

Production Employee Training and Awareness Enhancementproduction efficiency but also reduces raw material waste caused by human operational errors reducing waste

generation at the source.The company regularly organizes environmental training and educational activities to raise employees’ awareness

Environmental Training of zero-waste concepts and the importance of sustainable development. Through training employees better The company uses a smart logistics system to optimize material transportation and warehouse management understand the company’s zero-waste goals and measures and actively practice energy-saving emission reduction

Smart Logistics System reducing material loss during transit and improving inventory management accuracy to avoid resource waste from and resource recycling in their daily work.stockpiling.The company fosters a culture within the enterprise that emphasizes environmental protection and sustainable

Culture Building development encouraging employees to propose innovative zero-waste solutions. By establishing a reward

mechanism teams and individuals who excel in zero-waste practices are recognized and rewarded stimulating

Zero-Waste Practices in Energy Storage Business employees’ enthusiasm and creativity to work collectively toward the company’s zero-waste goals.Jiangsu Beiren has established an integrated model covering product design production line development supply

Integrated Energy Stor- chain large-scale manufacturing and asset holding and operation. This allows the company to consider material

age System Design recyclability and reusability from the product design stage maximizing resource utilization throughout the product

lifecycle.Advanced Energy Stor- The company employs advanced technologies such as full liquid cooling and cell consistency screening to ensure

age Technology Appli- efficient operation and long battery life of energy storage systems reducing waste from premature battery failure

cation and supporting zero-waste goals.

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Appendix

Environmental Management

Key Performance Indicators (KPIs) Type Indicator Unit 2024

Environment

Employee Employment and Training Management

Total Investment 10K RMB 28

Total GHG emission1 tCO2e 775

Type Indicator Unit 2023 2024 GHG emission Scope 1 tCO2e 67

Number of employees in parent company Person 563 637 Scope 2 tCO2e 708

Number of employees in key subsidiaries Person 184 133 Total Electricity consumption kWh 1849208

Total number of employees Person 747 770 Natural Gas m3 13214

Doctor Person 3 3 Gasoline liter 14082

Master Person 33 40 Water Usage ton 14267

Employee

Employment Bachelor Person 353 423 Renewable Electricity kWh 639697

Associate Bachelor Person 212 218 Renewable Electricity Ratio % 34.6

Below Associate Bachelor Person 146 86 Hazardous Waste3 ton 0.62

Waste

Percentage of female executives % 25% 26% Non-hazardous Waste ton 220

Employee Total Training Hours Hours

683723545

Training Average training hours per employee Hour/ Person 4.52 30.4 Notes:

1. Total greenhouse gas (GHG) emissions represent the sum of Scope 1 and Scope 2 emissions.

Scope 1 emissions include GHG emissions from natural gas consumption and fuel use in company-owned vehicles.Scope 2 emissions cover GHG emissions from purchased electricity.Emission factors:

Health and Safety Scope 2 electricity: 0.5856 kg CO2e/kWh (2022 national grid emission factor published by China’s Ministry of Ecology and

Environment and National Bureau of Statistics).Scope 1 natural gas: 2.16 kg CO2e/m3 (from China Life Cycle GHG Emission Coefficients for Products by the Chinese Acade-

Type Indicator Unit 2023 2024 my of Environmental Planning).Scope 1 gasoline for vehicles: 3.04 tonnes CO2e/tonne (from the same source above).Occupational Safety training coverage % 100% 100% 2. Renewable electricity share = (Renewable electricity consumed / Total electricity consumption) × 100%.Health & Safety

Employees with occupational diseases 人 0 0 3. Hazardous waste (e.g. waste packaging containers) is disposed of by qualified third-party providers in compliance with regulations.

4. Non-hazardous waste (primarily food and general waste) is handled by municipal environmental authorities.

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Supply Chain Management Social Responsibility

Type Indicator Unit 2023 2024 Type Indicator Unit 2023 2024

Total number of suppliers u 260 280 Social Welfare Total charitable donations1 万元 40.4 51.1

Supplier

Management Number of suppliers assessed on

environmental and social (including u 40 50

labor ethics etc.) aspects Notes:

1. 2024 Donations:

RMB 500000 to the Harbin Institute of Technology Education Development Foundation.Products and Services RMB 3000 via Tencent’s 99 Giving Day campaign on its public welfare platform.RMB 8000 donated by Xuancheng Xintu Intelligent Equipment Co. Ltd. (a wholly-owned subsidiary at the time) to

the Xuancheng Youth Development Foundation.Type Indicator Unit 2023 2024

Total number of health and safety

non-compliance incidents in prod- / 0 0

Product ucts/services

Management

Percentage of sold products recalled

due to safety/health issues % 0 0

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GRI Index

Note Jiangsu Beiren prepared its 2024 ESG report referencing the GRI Standards covering the period from GRI Disclosure Report Section

January 1 2024 to December 31 2024.GRI 1 GRI 1: Foundation 2021 GRI 205: 205-2 Communication and Training on Anti-Corruption Policies Corporate Governance

Anti-Corruption

GRI Disclosure Report Section 2016 205-3 Confirmed Incidents of Corruption and Actions Taken No incidents occurred

2-1 Organizational Details About this Report 302-1 Energy Consumption Within the Organization Key Performance Table

2-2 Entities Included in the Report Reporting Scope 302-4 Reduction of Energy Consumption Symbiosis of Intelligence and GRI 302: Energy 2016 Sustainability

2-3 Reporting Period Frequency and Contact Reporting Scope 302-5 Reductions in Energy Requirements of Products and Services Symbiosis of Intelligence and Sustainability

2-6 Activities Value Chain and Other Business Relationships Manufacturing by Beiren 305-1 Direct (Scope 1) GHG Emissions Key Performance Indicator

2-7 Employees The Future of Human-Machine GRI 305: Emissions Collaboration 305-2 Energy Indirect (Scope 2) GHG Emissions Key Performance Indicator2016

2-9 Governance Structure and Composition Corporate Governance 305-5 GHG Emissions Reductions Key Performance Indicator

2-10 Nomination and Selection of the Highest Governance Body Corporate Governance 306-1 Waste Generation and Significant Waste-Related Impacts Zero-Waste Factory

2-11 Chair of the Highest Governance Body Corporate Governance GRI 306: Waste 2020 306-2 Management of Significant Waste-Related Impacts Zero-Waste Factory

GRI 2: General

Disclosures 2021 2-12 Role of the Highest Governance Body in Overseeing Impacts Corporate Governance 306-3 Waste Generated Key Performance Indicator

2-13 Delegation of Responsibility for Managing Impacts Corporate Governance 401-2 Benefits Provided to Full-Time Employees (Excluding GRI 401: Employment Temporary/Part-Time) Employee Rights & Benefits

2-14 Role of the Highest Governance Body in Sustainability Reporting ESG Management 2016 401-3 Parental Leave Employee Rights & Benefits

2-16 Communication of Critical Concerns Materiality Management 403-1 Occupational Health and Safety Management System Occupational Health & Safety

2-26 Mechanisms for Seeking Advice and Raising Concerns ESG Management 403-2 Hazard Identification Risk Assessment and Incident Investigation Occupational Health & Safety

2-27 Compliance with Laws and Regulations Refer to Relevant Sections 403-4 Worker Participation Consultation and Communica-tion on OHS Matters Occupational Health & Safety

2-28 Membership in Associations List of Associations GRI 403: Occupation- 403-5 Worker Training on Occupational Health and Safety Occupational Health & Safety

al Health and Safety

2-29 Stakeholder Engagement Approach Materiality Management 2016 403-6 Promotion of Worker Health Occupational Health & Safety

3-1 Process to Determine Material Topics Materiality Management 403-7 Prevention and Mitigation of OHS Impacts Directly Linked to Operations Occupational Health & Safety

GRI 3: Material

Topics 2021 3-2 List of Material Topics Materiality Management 403-8 Workers Covered by OHS Management Systems Occupational Health & Safety

3-3 Management of Material Topics Materiality Management 403-10 Work-Related Health Issues Occupational Health & Safety

GRI 201: Economic 201-1 Direct Economic Value Generated and Distributed Brilliant Beiren GRI 404: Training and 404-1 Average Training Hours per Employee per Year Talent Cultivation & Development

Performance 2016 Education 2016201-3 Defined Benefit Plan Obligations and Other Retirement Plans ESG Management 404-2 Programs for Skills Advancement and Transition Assistance Talent Cultivation & Development

GRI 203: Indirect

203-2 Significant Indirect Economic Impacts GRI 414: Supplier

Economic Impacts 2016 Brilliant Beiren

414-1 Proportion of New Suppliers Screened Using Social Criteria Anti-Corruption & Sustainability

Social Assessment

2016 414-2 Negative Social Impacts in the Supply Chain and Actions Taken No incidents occurred

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GRI Disclosure Report Section Reader Feedback

416-1 Assessment of Health and Safety Impacts of

GRI 416: Customer Product/Service Categories Product Quality Management

Health and Safety 2016 416-2 Incidents of Non-Compliance Concerning Health and No incidents occurred To continuously improve Jiangsu Beiren’s sustainability management practices we welcome your feedback which will serve as a Safety Impacts critical reference for enhancing our performance. We sincerely appreciate your valuable input on this report despite your busy schedule.

417-2 Incidents of Non-Compliance Concerning Product/Service

GRI 417: Product and Information No incidents occurred

Service Labeling 2016 417-3 Incidents of Non-Compliance Concerning Marketing No incidents occurred

Your Information

GRI 418: Customer 418-1 Substantiated Complaints Regarding Breaches of Customer Customer Relationship

Privacy 2016 Privacy Management

Name: Organization: Phone: Email:

List of Participating Associations

Your Feedback

NO NAME MEMBERSHIP LEVEL JOINING DATE 1.Overall assessment of Jiangsu Beiren’s 2024 ESG Report:

1 Suzhou Industrial Park SME Credit Promotion Member 2015

Association Excellent Good Average Poor Very Poor

2 Suzhou Intelligent Manufacturing Industry Alliance Council Member June 2017

3 Jiangsu Laser Industry Technology Innovation Strategic Alliance Member

2.Completeness of information disclosed in the 2024 ESG Report:

September 2017 - September 2021

4 Intelligent Robotics Branch China Mechatronics Council Member December 2018 - December 2023 Very Comprehensive Comprehensive Average Limited Very LimitedTechnology Association

5 China Robotics Industry Alliance Council Member May 2019 3.Quality of information disclosed in the 2024 ESG Report:

6 Suzhou Robotics Industry Association Council Member November 2019 - October 2023 Excellent Good Average Poor Very Poor

7 Suzhou Industrial Park Digital Economy Association Council Member July 2020

8 China Welding Association Council Member November 9 2020 4.Suggested new topics for Jiangsu Beiren’s 2025 ESG Report:

9 Suzhou Robotics Industry Association Governance Pillar:Vice President Unit February 2021 - October 2023

10 China New Energy Storage Industry Innovation Alliance Member July 7 2023

Environmental Pillar:

11 Suzhou Intelligent Manufacturing Industry Alliance Council Member August 2 2022 - August 1 2027 Social Pillar:

12 Suzhou Humanoid Robotics Ecosystem Consortium Initiating Member April 2024 Other:

13 Jiangsu Energy Storage Industry Association Council Member April 7 2024

14 Suzhou Photovoltaic Industry Association Member April 23 2024 Contact Us:

15 Suzhou Industrial Park ESG Alliance Initiating Member Email: ir@beiren-tech.com Phone: +86 512-62886165April 2024

16 CEIBS Alumni Industrial Internet Association Vice President Unit July 2024

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