北京億華通科技股份有限公司
(A joint stock company incorporated in the People’s Republic of China with limited liability)
A-share stock code: ?????? H-share stock code: ?????
2025
ENVIRONMENTAL
SOCIAL AND GOVERNANCE REPORTEnvironmental Rooted in Abundance
Section – Embarking on a Green Hydrogen
Journey towards a Zero-Carbon
Future
01｜C limate Action * Green Hills Will Not Be Let
Down
02｜R esource Circulation * Maximising Resource
Utilisation
27 03｜C o-building the Ecosystem * Hydrogen Benefits All
Social Section Harnessing Momentum for
Flourishing Growth
– Collaborative Symbiosis Forging
New Frontiers
01｜V oices from the Two Sessions * Responsibility
of Industry
02｜T echnological Innovation * Indus tr y
Development
03｜U pholding Responsibility Across the Value
47 Chain * Harnessing Collective Strength for Shared Growth
04｜E mployee Development * Lush Woodlands
05｜C ommunity Empowerment * Hydrogen
Bringing Warmth to Communities
Report Guide 03 Sustainable Development
CONTENTS Governance 16
01｜Sustainable Business Model
Governance
Chairman’s Statement 02｜Sustainable Development Philosophy Clarity of Purpose from the 05 Section Outset Leads to Long-Term
03｜ESG Governance Structure Success
04｜Stakeholder Communication – C ompliance Management and
05｜Double Materiality Assessment Risk Management
About SinoHytec 08 01｜C orporate governance * Compliance for
Sustainable Success
01｜Philosophy: H ydrogen Principle as the Foundation 02｜Board Diversity * Sound Decision-Making
87 03｜ Bus ine s s E th i c s * In tegr i t y a s the Following the Right Path Outlook for the Future 97 Foundation
04｜ Shareholder Rights and Interests * A
02｜Practice: W here Hydrogen Leads We Advance United Nations Sustainable Win-Win Future
with Unwavering Resolve Development Goals Index 99
Summary of Key
Performance Indicators 101Report Guide
We have always firmly believed that the 03 Reporting Principles 04 Notes on Data
hydrogen energy business itself represents
the very core of SinoHytec’s ESG value. ESG is 1 Compliance The textual information and quantitative data disclosed
n o t m e r e l y a n a d d i t i o n a l c o m p l i a n c e Th i s r epo r t s t r i c t l y comp l i e s w i t h t he l a t e s t in this report are all derived from the Company ’s
requirement in corporate operations but sustainability information disclosure requirements of
rather the key driver for implementing our domestic and overseas regulators including the SSE official documents and statistical data. In the event of
hydrogen energy strategy the primary Guidelines and the HKEX Code. At the same time it any inconsistency between the relevant data and the
vehicle for creating long-term corporate also complies with relevant laws and regulations Company ’s annual report the annual report shall
value and the central pathway for leading such as the Company Law of the People's Republic of Ch ina and the Secur i t ies Law of the Peop le ' s prevail.enterprises to achieve the ‘dual carbon’ Republic of China thereby ensuring that all disclosed
goals. Carrying out our responsibi l it ies content is lawful and compliant. Unless otherwise stated all units of measurement
through our business and using those
responsibilities to strengthen our business in 2 Materiality are in the metric system and the currency unit is
turn – this i s S inoHytec’s fundamental We adopted a double materiality assessment that is RMB.understanding of ESG and it reflects our we assessed both the financial materiality and the
strategic commitment as an industry pioneer. impact materiality of relevant topics. We focused on
disclosing those topics that are not only of material 05 Confirmation and Approval
This report is the second Environmental Social and conce rn to s t akeho lde r s bu t a l so a f fec t the All data and materials in this report are sourced from
Governance Report published by Beijing SinoHytec Company’s business model and financial position in
the short medium or long term or have a significant S inoHytec ’s publ i c d i sc losures in terna l formal Co. Ltd. and is intended to disclose to stakeholders
the Company ’s management approach objectives impact on the Company’s external environment and documents statistical reports and the results of third-society.p r a c t i c e s a n d p e r f o r m a n c e i n t h e a r e a s o f party questionnaire surveys among others. The Board
environmental social and governance in 2025 with a 3 Quantitative of Directors (the “Board”) of the Company undertakes
v i e w t o e n h a n c i n g S i n o H y t e c ’ s i n f o r m a t i o n This report presents key performance indicators to supervise the contents of this report and to ensure
t r a n s p a r e n c y a n d s u p p o r t i n g i t s l o n g - t e r m th rough quant i t a t i ve da ta . The measu rement that it is free from any false records misleading
development. standards methods assumptions and/or calculation statements or mater ia l omiss ions and assumes
tools relating to the key performance indicators in
01 Reporting Scope this report as well as the sources of the conversion responsibi l ity for the truthfulness accuracy and factors used have been explained at the relevant completeness of its contents.
This report is an annual report. The scope of the points (where applicable).information disclosed covers Beijing SinoHytec Co. 4 Balance This report has been considered and approved at the Ltd. and its subsidiaries (collectively referred to as
“SinoHytec” the “Company” or “we”) and is consistent This report is based on objective facts and presents 11th meeting of the 4th session of the Board of the
with the reporting boundary set out in the 2025 in a comprehensive and balanced manner the Company.Annual Report of Beijing SinoHytec Co. Ltd. The Company ’s performance progress objectives and
Reporting Period of this report covers the period from the challenges and shortcomings it faces in the field“ of susta inable development. I t does not avoid
06 Report Publication
1 January 2025 to 31 December 2025 (the Reporting d i s c lo s ing negat i ve in fo rmat ion o r r i sk s andP e r i o d ” ) . T o e n h a n c e t h e c o m p a r a b i l i t y a n d truthfully sets out improvement measures and future The electronic version of this report is available on
comp le t ene s s o f t he r epo r t con ten t c e r t a i n plans so as to ensure that the disclosures are free SinoHytec's official website (https://www.sinohytec.information is appropriately traced back to previous from bias and selective omission and do not mislead com/invest) the HKEXnews website of the Stock
years or extended to future years. readers’ judgement.Exchange of Hong Kong ( https://www.hkexnews.hk)
02 Basis of Preparation 5 Authenticity and Consistency or the website of the Shanghai Stock Exchange (
T h e C o m p a n y i s c o m m i t t e d t o m a i n t a i n i n g https://www.sse.com.cn) for viewing and download.This report has been prepared in accordance with the cons i s tency in the s ta t i s t i ca l methods scope This report i s ava i lable in Tradit ional Chinese
Guide No.13 for Self-Regulatory Supervision on Listed indicator definitions and calculation methodologies
adopted for disclosure across different reporting Simplified Chinese and English. In the event of any Companies of the SSE STAR Market – Compilation of
Sustainable Development Reports the Guidelines No. per iods and to ensur ing that the informat ion discrepancy between the Chinese and English versions
14 of Shanghai Stock Exchange for Self-Regulation of disclosed is objective and truthful. If any changes of this report the Simplified Chinese version shall arise as a result of updates to standards business
Listed Companies – Sustainability Report (Trial) (the changes or methodological optimisation the report prevail.“SSE Guidelines”) Appendix C2 Environmental Social will clearly explain the nature of the changes the
and Governance Reporting Code to the Listing Rules of reasons for them any retrospective adjustments toThe Stock Exchange of Hong Kong Limited (the “HKEX 07 Contact Informationhistorical data (where applicable) and the extent ofCode”) and the Corporate Sustainability Disclosure their impact. If you have any questions or suggestions regarding this
Standards – Basic Standard (Trial) issued by the
6 Four-Element Framework report please contact us using the details below:Ministry of Finance of China. At the same time this
report has been prepared with reference to multiple For core topics identif ied as f inancial ly material Correspondence Address: Room C701 7th Floor
sustainabi l i ty report standards frameworks and through the dual materiality assessment this report Block C Building B-6 Zhongguancun Dongsheng
initiatives including the Global Reporting Initiative provides a systematic and structured account in Science Park No. 66 Xixiaokou Road Haidian District
(GRI) Sustainability Reporting Standards and the United strict accordance with the four-element framework Beijing
Nations Sustainable Development Goals (SDGs). of “Governance – St rategy – Impact R i sk and Opportunity Management – Metrics and Targets”. Contact Tel.: 010-62796418
03 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER Email: sinohytec@autoht.com BEIJING SINOHYTEC CO. LTD. 04Chairman’s Statement
With Hydrogen in Our Hearts We Grow with Resilience;
Though the Road is Long and Arduous Persistent Action
Will Lead Us There.For SinoHytec 2025 was a year of upholding zero-carbon possible; in the social dimension we build an open
integrity amid deep undercurrents and cultivating and collaborative industrial ecosystem so that the fruits of
progress through quiet dedicated efforts. development benefit more partners and communities. ESG is
precisely the strategic language through which we fulfill our
This year we not only confronted head-on the challenges of hydrogen energy mission. Consequently SinoHytec’s course of
industry cycles and operational efficiency but also resolutely action has become ever more resolute: we no longer defineimplemented the action guideline of “Improving Quality ourselves merely as a provider of technology and services butEnhancing Efficiency and Prioritizing Returns.” We transformed aspire to become an ecosystem builder that uses hydrogen as
this pressure into a strategic opportunity to re-examine the the bond connecting all things. Our path is to solidify our
essence of the industry and forge our core resilience. In doing foundation through governance break new ground through
so we reaffirmed our responsibilities and mission as pioneers environmental innovation and ultimately achieve symbiotic
and clarified our course toward the future.This year we made coexistence with the industry.key strategic deployments — establishing SinoHytec EnergyStorage to construct a coordinated “Hydrogen-Storage- Though the road ahead is not without challengesUtilization” system; the third-generation hydrogen power our original aspiration has become clearer than ever.generation unit embarked on its maiden voyage to Australia; We have always firmly believed that the long-term
and hydrogen fuel cell heavy-duty trucks successfully entered value of an enterprise is rooted in its substantive
overseas markets. These steps mark the strategic expansion of contributions to environmental and social well-
our mature vehicle technologies into broader energy scenarios being. We are keenly aware that the hydrogen
such as distributed power generation and energy storage. They energy industry is undergoing a transition from
not only open diversified pathways for advanced production policy-driven to market-driven.capacity but also represent our dedicated practice of theintegrated value chain of “Green Electricity – Green Hydrogen – We continue to uphold the highest level of candor toward ourEnergy Storage”. Our deep understanding of ESG is that true shareholders and all stakeholders addressing current challengessustainability is a value chain extending from “internal enterprise with a proactive yet prudent approach. The Company willstrength” to the broader “industrial ecosystem.” We lay a solid continue to deepen its technological expertise through
foundation through transparent governance pioneer new “professionalism” and fulfi l l its responsibil it ies through
territories with green technology and give back to society “commitment.” We look forward to working hand in hand with
through collaborative symbiosis. These three elements mutually partners from all walks of life to build a more open green and
reinforce and empower one another forming SinoHytec’s unique inclusive hydrogen energy ecosystem and to continuously
ESG practice paradigm. contribute the steadfast “strength of SinoHytec” to driving the
energy revolution and addressing climate change.As the trajectory of global energy transition
becomes increasingly clear we profoundly recognize —— With reverence for our mission let us journey
that the value of hydrogen energy far transcends together across mountains and seas.any s ingle sector . I t concerns the res i l ient
rest ructur ing of energy sys tems the deep
decarbonization across thousands of industries and
more importantly humanity’s shared destiny in
addressing climate change.At SinoHytec ESG is not an “optional extra” added to reports —
it is a “must-answer question” deeply integrated into our strategy
and a key driver of growth. We re-examine every decision
through the lens of ESG principles: in governance we pursue
transparency and compliance allowing the company to operate Chairman
under the spotlight; in the environmental dimension we use
hydrogen technology to reshape the energy structure and make Zhang Guoqiang
05 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 0601｜P hilosophy: Hydrogen Principle as the Foundation
Following the Right Path . . . . . . . . . . . . . . . . . . . . . . . . . . . 09
About SinoHytec 02｜P ractice: Where Hydrogen Leads We advance with
Unwavering Resolve . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
07 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 08About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
2 Shared Value in Symbiosis
01?P hilosophy Corporate Culture
Hydrogen Principle as the * Sense of Ownership:2-1 SinoHytec advocates a culture of “family harmony” under which every SinoHytec employee is
regarded as a master of the enterprise and the Company’s affairs are closely tied to the
Foundation Following the honour disgrace and well-being of all; everyone has an obligation to identify and resolve problems resolutely safeguard the Company ’s interests and grow together with the Company.Right Path * Bearing hardships first enjoying benefits first:
Bearing hardships before others and enjoying benefits after others is a noble spirit. However
SinoHytec advocates that employees should be willing to bear hardships first deliver results
and be the first to share in the rewards. Once results are achieved rewards will naturally
follow.
1 * Apply rigorous analysis and demonstrate decisiveness:Nurturing the Roots of the Ecosystem Develop a sound understanding of the industry the Company ’s current position and
development trends and make decisive decisions on the basis of rigorous analysis.Beijing SinoHytec Co. Ltd. (688339.SH 02402.HK) was established in 2012. As a national * Deliver on commitments set goals define milestones and establish performance
high-tech enterprise integrating fuel cell research and development with industrialisation it assessments:
is not only a pioneer and key driver of the development of China’s fuel cell industry but also “Trust and Commitment” are the pillars of corporate growth. Once objectives have been
aligned the path to their achievement must be defined and frequent changes of direction
the first hydrogen fuel cell system enterprise in China to be listed simultaneously on the A+H must be strictly avoided; teams must honour their commitments. What is expected of others
share markets. must first be demonstrated by oneself with a strong sense of leading by example. Every task
must have clearly defined objectives and time milestones with oversight throughout the
process and accountability for any deviations.* The team is the root and employees are the foundation:
Great buildings rise from the ground up and walls are built brick by brick; talent is an
enterprise's foremost productive force. The team is the cornerstone and employees are the
building blocks. We enable every employee to leverage their strengths foster an
Corporate Corporate Values environment of continuous learning and embrace growth alongside the enterprise.Mission Vision Respect for knowledge respect for employees collective endeavour and not showing undue
China’s Leading the Integrity tolerance towards employees with past merits are intrinsic requirements for the sustainable development of SinoHytec's business.leading hydrogen energy Collaboration
hydrogen fuel industry and Accountability
cell engine building a better Professionalism Collaborative Ecosystem
brand future together and We firmly believe that corporate growth must be closely aligned with local Commitment to 2-2
Learning development and the shared prosperity of the industry and the Company's
business expansion has consistently been guided by the objective of creating
shared value. Transform the region’s resource advantages into industrial andeconomic strengths and realise the symbiotic vision of “ establishing oneproject fostering one industry and invigorating one local economy”.
09 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 10About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
02?P ractice 1-2 Honours and Qualifications (Selected)
Where Hydrogen Leads We
Core Qualification Certifications
Advance with Unwavering
National-levelResolve Specialised and Zhongguancun High-Tech EnterpriseSophisticated “Little High-Tech EnterpriseGiant” Enterprise Beijing Municipal Science
(Recognised by Zhongguancun Science and Technology
relevant national and Technology Commission
authorities – Park Management Committee Beijing Municipal Finance
Beijing Region) Bureau and Beijing Municipal
Taxation Bureau
1 Clarity * Governance in Practice
Single Champion Co-construction Unit of
Enterprise in the Beijing Key Laboratory
Excellent Governance Safeguards a Sustainable Future Manufacturing Industry Beijing Municipal Science
Excellent governance is the helm that enables us to navigate complex transformation and create Ministry of Industry and Technology
1-1 and Information Commission and long-term value. In 2025 the core of corporate governance lay in proactively advancing the Technology Zhongguancun
Company’s strategic positioning. Management Committee
With a high degree of strategic resolve the Board and senior management led the Company in
advancing from an outstanding fuel cell system supplier to an integrated ecosystem builder
across the “Production-Storage-Transportation-Refuelling-Use” value chain.Scientific and Technological Awards and Industry Honours
Third Prize in the Science and Second Prize in the Science and
Technology Progress Award Technology Progress Award
China Society of China Society of
Automotive Engineers Automotive Engineers
「SINOHYTEC」
Twin Engines of Sustainable Development
Hydrogen Energy and First Prize in the Fujian Top 10 Leading Enterprises in Philosophy
Energy Storage Provincial Science and Hydrogen Energy Industry FuelTechnology Progress Award Cell Equipment during the “14th ? ?? ? Five-Year Plan” Period
Fujian Provincial Zhongguancun Hydrogen Energy
People’s Government and Fuel Cell Technology
Innovation Industry Alliance
11 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 12About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
2 Gallop*Strategic Breakthroughs
Grid Connection System Wind Power Generation
Deploying Renewable Energy-based Hydrogen Production to
2-1 Strengthen the Foundation of the Zero-carbon Industrial Chain
The Company steadfastly advances the greening of hydrogen sources establishing a complete
technology and project chain from renewable power generation to green hydrogen production.Power Grid Transformer AC/DC Wind Turbine Step-up Substation
Hydrogen Production Equipment
Launched the first commercial demonstration PEM water electrolysis hydrogen production Auxiliary System
system (PEMEC) with core technologies that are independently controllable. Hybrid Hydrogen Production System
Consolidate Transport Emissions Reduction Achievements and AC/CD
Expand Industrial and Energy Storage Applications Cooling Water System Air Compressor
2-2 Building on its mature fuel cell technology the Company is expanding horizontally into
stationary power generation energy storage and integrated energy services supporting
decarbonisation and the energy transition across multiple applications. PEM/ALK
Hybrid Hydrogen
Mobile Applications Deionized Distribution Production SystemWater System Cabinet
Multiple high-power domestically produced hydrogen fuel cell engine products including the M Series G Series and
T Series have been validated at scale. As at the end of the Reporting Period vehicles equipped with the Company’s
products had been operating steadily in multiple locations across China making a substantive contribution to
emissions reduction in the transport sector.Stationary Applications
Fuel cell combined heat and power stations such as the P2000 and P500 provide clean and efficient energy for Hydrogen Storage System
buildings and industrial parks marking the strategic expansion of vehicle application technologies into distributed Power Grid AC/CD Fuel Cell(Cogeneration)
generation and stationary power supply scenarios.Hydrogen Energy Storage System
Energy Storage and Integrated Energy Services
By advancing the integration of wind power and hydrogen energy along with the comprehensive demonstration projects
for source-grid-load-storage synergy we provide industrial parks with green electricity and energy storage services. These Hydrogen Storage Tanks
initiatives drive the large-scale application of hydrogen energy across multiple scenarios spanning energy industry
transportation and beyond achieving the harmonious unity of enterprise growth and ecological benefits. Green Hydrogen Export Hydrogen Production Cost
?RMB ??/kg
13 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 14Sustainable Development 01｜Sustainable Business Model . . . . . . . . . . . . . . . 1702｜Sustainable Development Philosophy . . . . 18
Governance 03｜ESG Governance Structure . . . . . . . . . . . . . . . . . 19
04｜Stakeholder Communication . . . . . . . . . . . . . . 20
05｜Double Materiality Assessment . . . . . . . . . . . 21
15 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 16About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
SinoHytec firmly upholds the development philosophy of symbiotic coexistence
between corporate value and social value and actively leads the sustainable 02｜Sustainable Development Philosophy
development of the hydrogen energy industry. We continuously strengthen our
sustainability management framework deeply embedding the core ESG principles SinoHytec adheres to the “SINOHYTEC” sustainable development philosophy
into every stage of the value chain and all decision-making mechanisms. At the integrates sustainability management into its corporate strategy actively fulfils its corporate social responsibility
same time we steadily enhance the execution of our sustainability strategy contributes to the goals of carbon peaking and carbon neutrality and fosters a sustainable and diversified new green
thereby supporting the Company ’s long-term development and generating and low-carbon way of life.positive impacts on both society and the environment.
01｜Sustainable Business Model S SustainabilityC Collaboration 可持续发展Integrating sustainable development into Innovation协同共生 strategy operations and culture to create I 创新驱动
Promote mutually bene cial win-win partnerships long-term value across the economic social and Using cutting-edge technologies as the driving
collaborate closely in areas such as standards environmental dimensions. force focusing on upgrading the hydrogen
In 2025 while continuing to deepen our core fuel cell business we strategically embedded ESG into the Company's infrastructure and market development and jointly energy industry chain and enabling the green
build and share a sustainable hydrogen energy transition through sustained research and
overarching development planning actively advancing the extension of our business model across the full hydrogen ecosystem. development.energy value chain encompassing green hydrogen production efficient storage and transportation and diversifiedapplications and comprehensively positioning ourselves within the new energy sector of “Wind-Solar-Hydrogen-Storage-Smart”. Through the integrated “Production-Storage-Transportation-Refuelling-Use” strategy with the dual
drivers of “Hydrogen Energy + Energy Storage” we systematically addressed climate change supported industrial E Empowerment N Net-zero赋能成长 净零排放
development and built a sustainable commercial future. Empower employees to achieve continuous Taking the “dual carbon goals” as its core
growth empower customers and partners strategy the Company is steadily advancing
through hydrogen energy solutions and jointly towards net-zero emissions through technological
advance the energy transition. optimisation and operational improvement.T Technology O Openness技术深耕 开放协作
Maintain a strong focus on core hydrogen fuel Committed to an open ecosystem and mutually
cell technologies with deep engagement across bene cial partnerships the Company accelerates
the full process from basic research to technological breakthroughs and industrial-scale
engineering applications thereby advancing development through resource sharing and risk
progress across the industrial chain. sharing.Y Yield H Horizontal价值创造 横向发展
Generate stable returns for shareholders Deepen core fuel cell capabilities expand deliver exceptional value to customers and horizontally into diversi ed applications such
provide employees with a platform for as energy storage and power generation
growth. and build a synergistic business matrix.ESG Recognition
and Honours
To further establish and enhance the ESG risks management and monitoring mechanism the Company
engaged an independent third-party organisation to bring in a professional and objective external
perspective and carried out training on ESG-related policies to enhance employees’ awareness and
ESG Training understanding of ESG principles clarify the sustainable development responsibilities of each business
department and embed the concept of sustainable development throughout the organisation.
17 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 18About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
03｜ESG Governance Structure 04｜Stakeholder Communication
To strengthen ESG governance during the Reporting Period the Company established a three-tier governance SinoHytec regularly engages with key stakeholders to understand their views and expectations regarding the
structure comprising the “decision-making level – management level – execution level”. Company's sustainable development undertakes targeted communication and response measures and builds long-
term cooperative relationships based on mutual trust with all relevant parties. The Company widely engages with all
parties to understand their expectations and concerns and responds proactively to promote mutual understanding
Accountable to 1 Ultimate responsibility: Review and approve and create shared value.shareholders and
stakeholders the ESG report and assume overall
responsibility for sustainability-related matters. Stakeh olders Topics o f Concern Response Methods Communicat ion Channels2 Oversight of implementation: Oversee and
Decision-
Body The Board inspect the implementation of sustainability- * Corporate governance * Enhancement of operating performance * General meetings
Making * Economic performance * Fostering a sound risk management * Financial reports and related work. * Risk control culture announcements
3 Compliance oversight: Closely monitor the * Information disclosure * Standardising information disclosure * Roadshows
latest developments in ESG-related laws and * Protection of investors’ rights and * Establishing an efficient investor relations * Results presentations
regulations. Investors/ interests management system * Investor hotline
Shareholders * Response to climate change * Responding to questions on the
SSE e-Interaction platform
* Product safety and quality * Customer data and privacy management * Customer satisfaction surveys
* Customer relationship management * Providing high-quality and safe products * On-site customer training
· * Customer privacy protection * Optimising the end-to-end service process * Online and offline promotional Review the ESG Report; Accountable to * Industrial collaboration and activities
· oversee and inspect shareholders development * Product launch conferences
implementation and stakeholders Customers * Anti-commercial bribery and anti-
corruption
* Supply chain management * Open and fair procurement procedures * Supplier training
* Information security and privacy * Supplier empowerment * Supply chain audits
1 Strategy formulation: Set ESG strategy and targets * Anti-commercial bribery and anti- * On-site supplier assessments
and approve relevant systems and policies to ensure corruption
implementation and progress. Suppliers
2 Risk assessment: Assess ESG risks and opportunities * Employee rights and benefits * Safeguarding employees’ lawful rights and * Trade union and workers’ congress
in business operations including climate-related risks
Strategy and * Talent development interests * Team building
Management and opportunities. * Occupational health * Providing competitive remuneration * Employee performance survey
ESG Committee
3 Data governance: Establish and maintain an ESG * Safe production packages * Huatong Academy
* Equality and diversity * Enhancing employee welfare provisions * EHS meetings
data monitoring system and track and assess key
* A comprehensive training system
ESG indicators. Employees * Clear career development pathways
4 Decision Support: Report the above matters to the * Providing a healthy and safe working
Board and provide recommendations. environment
* Response to climate change * Industry development and exchanges * Exchanges and mutual visits with
* Industrial collaboration and * Development of industry standards associations and working groups
·Regular meetings; development * Communication on strategic
· Reports to and is accountable * Talent development cooperation projectsspecial reviews;
to the Board Partners * Innovation-driven * Industry-Academia-Research ·reporting to the Board cooperation projects
* Ecosystem and biodiversity protection * Reducing the impact of production and * Social media coverage
* Public welfare charitable giving and operational activities on the community * Charitable and volunteer service
voluntary service environment activities
* Rural revitalisation * Support for community development
1 System Establishment: Establish an ESG governance * Community engagement and * Public welfare and charitable initiatives
Community
framework and undertake sustainability management development
ESG Executive * Usage of water resources
responsibilities.Working Group 2 Plan Implementation: Formulate work plans and * Corporate governance * Proactive and full payment of taxes * Research visits and inspections
* Sustainable development governance * Enhancement of the internal control * Government-enterprise forums
Executive ·Cross-departmental collaboration; implementation programmes and ensure their * Fair competition system * Routine approvals and regulatory
Management · execution.implementation of specific projects; * Environmental compliance * Pollution prevention and control oversight
3 Data Management: Be responsible for the management * Taking proactive climate action * Working meetings and reporting
·regular review and reporting collection collation and submission of ESG data and Government and * Risk management and internal
information. controlsregulatory * Anti-commercial bribery and anti-
4 Training and awareness-raising: Conduct corruption
sustainability training and awareness-raising activities. authorities * Tax compliance
* Climate change tackling
19 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 20About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
05｜Double Materiality Assessment 2 Results of the Material Topics Assessment
1 Double Materiality Assessment Process
During the Reporting Period the results of the materiality assessment are presented in the
matrix below. Following identification 8 topics were determined to be material to the Company
from both a financial and an impact perspective 3 topics were determined to be financially
During the Reporting Period we identified and assessed the materiality and priority of ESG material only and 14 topics were determined to be material from an impact perspective only.topics and also distributed questionnaires to solicit opinions and carry out data collectionstatistical compilation and analysis. In accordance with the three steps of “ Identification –Communication – Assessment” we assessed SinoHytec's material topics and identified a total of Protection of Employee Rights and Interests
28 topics. The specific analysis process is set out below.
Background research and topic identification
Corporate Governance and
Anti-commercial Bribery and Anti-corruption Compliance
Topics of concern covered by major ESG
Issues of concern to mainstream ESG rating Talent Attraction and Retention
reporting standards and reference frameworks Contributions to the Society Intellectual Property
agencies in the relevant industries; Protection Quality of Customer Service
including: the SSE Guidelines the HKEX Code Anti-unfair Competition
the GRI Standards and standards and initiatives Diversity Equality and Inclusion Climate Change Tackling
Occupational Health and Safety
such as the SDGs; Rural Data Security and
Revitalisation Privacy Protection Due Diligence Quality of Customer Service Innovation-Driven
Communications with
Stakeholders Industrial Cooperation and Development
Supply Chain Security
Sustainable development trends in the relevant Equal Treatment to Small and Medium-sized
Global sustainable development trends; Enterprises
Usage of Water Resources Emission and Waste Managementindustries.Energy Usage
Assessment of topics in terms of financial Circular Economy Environmental Compliance Management
materiality and impact materiality
Talent Cultivation and Development
Ethics of Ecosystem and Biodiversity Protection
Through questionnaire surveys the Impact materiality assessment: A s s e s s m e n t o f f i n a n c i a l Science and Technology
C o m p a n y i n v i t e d i t s v a r i o u s opinions were solicited from relevant materiality: The financial materiality
stakeholders and other relevant parties regarding the nature of the of each topic is assessed across twoparties to conduct a comprehensive impacts (negative or positive) and dimensions – “the l ikel ihood ofassessment of ESG-related topics in whether the impacts were actual or occurrence of the impact” and “theo r d e r t o u n d e r s t a n d t h e i r potential and relevant parties were extent of the financial impact” – over
prioritisation of the importance of invited to assign scores across two three respective time horizons: short-
ESG topics and to gather their related dimensions namely ‘severity of impact’ term medium-term and long-term
recommendations on ESG; (the scale scope and irremediability of (short-term: within 1 year; medium-
the impact) and ‘likelihood of impact’; term: 1–5 years; long-term: more than
Low Materiality Impact on SinoHytec’s Finances High Materiality
5 years).
Social Topics Impact on High Materiality
SinoHytec’s Finances
Preparation of the Disclosure and
materiality matrix practice
Based on the assessment data from the previous
step the 2025 materiality matrix was developed Guided by the analysis results the Company
to determine the materiality of topics for the undertakes targeted disclosures and initiatives.reporting year.
21 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 22
Impact on Economy Society and Environment High MaterialityAbout SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
3 Assessment and Analysis of Material Topics
Environmental Compliance
Material Topics Climate Change Tackling Management Energy Usage Emissions and Waste Management Innovation-Driven Quality of Customer Service
Impact Analysis Type of Impact Actual Positive Impact Actual Positive Impact Actual Positive Impact Actual Positive Impact Actual Positive Impact Actual Positive Impact
Potential Negative Impact Potential Positive Impact Potential Positive Impact Potential Positive Impact Potential Positive Impact Potential Positive Impact
Impact Description If the Company’s management and The Company has established and The Company has through the deployment All production units under the Company have Through forward-looking deployment across the The Company has established an after-sales supportcontrol of Greenhouse Gas (GHG) operates an environmental management of PEM water electrolysis hydrogen established environmental protection facilities in entire “Production-Storage-Transportation-Refuelling- mechanism capable of immediate response (such as theEmissions is inadequate this may lead system in compliance with the ISO production and “Wind-Solar-Hydrogen- accordance with regulatory requirements including Use” value chain the Company is well positioned to rapid replacement of faulty engines) thereby minimisingto an increase in GHG Emissions. 14001 standard has formulated the Storage” projects directly utilised rainwater-sewage separation systems wastewater develop system-level solutions and create new customer operational downtime to the greatest extentThe Company produces “Green Environmental Management System and renewable energy to produce green treatment facilities waste gas collection and treatment business models and sources of value growth. possible and safeguarding fleet availability and customerHydrogen” using renewable energy and emergency response plans and ensures hydrogen thereby reducing fossil energy facilities and temporary hazardous waste storage By participating in national demonstration projects satisfaction.PEM water electrolysis hydrogen that waste gas wastewater noise and consumption. facilities and have established and implemented the Company has achieved real-world application An excellent service experience can significantly
production equipment directly other discharges comply with applicable If the “Electricity-Hydrogen-Electricity” cycle mechanisms for regular monitoring third-party testing validation of innovative technologies and self-reliance enhance customer loyalty and word-of-mouthreplacing high-carbon-footprint “grey standards through regular third-party model can be applied on a large scale and environmental reviews. and controllability in respect of core technologies. reputation secure the long-term trust of key businesshydrogen” and thereby delivering monitoring environmental inspections hydrogen energy can be developed into a If waste classification storage and management are not partners and lay a solid foundation for market
substantial emissions reductions at the and training. large-scale energy storage medium. properly implemented or if a commissioned third-party expansion.energy source. If environmental risk management disposal institution engages in non-compliant
By promoting hydrogen fuel cell proves ineffective it may result in operations this may lead to environmental pollution
vehicles as a substitute for conventional excessive discharges or environmental incidents which in turn may trigger regulatory
fuel-powered vehicles zero-carbon incidents thereby exposing the penalties operational disruption increased remediation
costs and damage to the Company's reputation.operation has been achieved at Company to regulatory penalties
transport application endpoints. operational disruption increased
remediation costs and reputational
damage.Scope of impact Upstream value chain corporate Upstream value chain corporate Upstream value chain and downstream Corporate operations downstream value chain Corporate operations downstream value chain Downstream value chain
operations and downstream value operations downstream value chain value chain
chain.Risk and/or Risk and/or Opportunity Opportunity+Risk Opportunity+Risk Opportunity+risk Opportunity+risk Opportunity
opportunity type
opportunity
analysis
Description of the The Company’s core business is the A robust environmental compliance Advanced green energy application As environmental regulations become increasingly R&D activities are characterised by high uncertainty High-quality customer service is a critical competitive
impacts of risks and/ provision of low-carbon energy track record serves as a ‘green calling technologies and practices position the stringent (such as tighter emission standards and and substantial investment requirements; during the factor on a par with or even surpassing product
or opportunities solutions which is highly aligned with card’ in meeting the ESG expectations of Company as a key participant in the energy revisions to the hazardous waste catalogue) the early stage of industry commercialisation they face performance. Establishing robust service barriers can
the global and China’s dual carbon domestic and international investors transition enabling it to gain priority access treatment capacity and technical processes of existing financial risks arising from the lengthy investment- strengthen customer retention and underpin stable
goals enabling the Company to benefit government authorities and business to policy support and opportunities in environmental protection facilities may face pressure to return cycle. market share and brand reputation.from increasingly robust policy support partners and helps the Company to emerging markets thereby creating a undergo upgrading and retrofitting resulting in higher Continuous R&D innovation is fundamental to
on a priority basis and to enter the access green financing and secure significant differentiated competitive capital expenditure. building the Company's long-term core
rapidly expanding green technology high-standard demonstration projects. advantage. Robust emissions and waste management help the competitiveness enabling it to respond rapidly to
market. Environmental non-compliance risk is Green energy technologies require high Company maintain the stability of its production and market demand and secure the premium and market
directly associated with legal sanctions initial investment and their economic operating permits and enhance its environmental share arising from technological leadership.financial losses and reputational viability is highly dependent on industry credibility with government authorities customers and
damage. scale and policy continuity. This gives rise investors.to short-term financial pressure and market
risks.Time horizon of the Short-term medium-term and long- Short-term and medium-term Short-term and medium-term Short-term medium-term and long-term Short-term medium-term and long-term Medium-term and long-term
impacts of risks and/ term
or opportunities
23 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 24About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Material Topics Product Safety and Quality Supply Chain Security Industrial Cooperation a n d Development Talent Development and Growth Corporate Governance and Compliance
Impact Analysis Type of Impact Actual Positive Impact Actual Positive Impact Actual Positive Impact Actual Positive Impact Actual Positive Impact
Potential Negative Impact Potential Negative Impact Potential Negative Impact
Potential Positive Impact Potential Positive Impact
Impact Description The Company with compliance as its foundation is The Company places great importance on fostering the As a core participant in national-level demonstration The Company has established diversified The Company has established a governance
committed to optimising the efficiency of product domestic substitution of core components and conducting projects we collaborate with governments and
career pathways and a “PPT+N” technical structure led by the Strategy and ESG Committee
quality management enhancing product quality and supplier audits thereby enhancing the autonomy and enterprises to advance industrial infrastructure
exceeding customer expectations through quality controllability of the supply chain reducing the risk of supply development and explore business models. assessment system providing employees and has integrated ESG into its strategic
delivery. disruption and improving product consistency. We are active in industry associations and participate in with a clear path for development. processes.If product quality and safety management is If the identification and management of ESG risks among key the formulation of standards contributing to industry Systematic induction and on-the-job A robust “three lines of defence” risk management
insufficiently robust it may give rise to related adverse suppliers (such as environmental non-compliance and labour consensus and enhancing the sector’s influence.incidents and impair the interests of stakeholders such issues) are inadequate this may give rise to associated liabilities Through in-depth cooperation with strategic partners training programmes such as those and internal control system safeguards
as customers and end users. and damage the Company’s reputation. such as energy enterprises and vehicle manufacturers provided through Huatong Academy operational compliance and the security of the
we are well positioned to jointly develop new application ensure the continuous enhancement of Company’s assets.scenarios and new markets accelerating the large-scale employees’ capabilities. Robust corporate governance and transparent
deployment of hydrogen energy technologies.A sound mechanism for the selection and information disclosure can strengthen the
development of managerial personnel long-term trust of stakeholders including
enables the Company to maintain a reserve investors and customers reduce the cost of
of qualified leaders for future expansion. capital and secure partnership advantages.Scope of impact Upstream value chain corporate operations Upstream of the value chain corporate operations Upstream of the value chain corporate operations Business operations Business operations
downstream value chain downstream of the value chain
Risk and/or Risk and/or Opportunity+Risk Opportunity+Risk Opportunity+Risk Opportunity+Risk Opportunity
opportunity type
opportunity
analysisDescription of the High-quality products and services generate positive Establishing a safe reliable and responsible supply chain is the High-quality products and services generate positive An excellent talent development system can Strong governance standards serve as a “creditimpacts of risks and/ word-of-mouth effects supporting business expansion. cornerstone of safeguarding the Company’s business continuity word-of-mouth effects supporting business expansion.continuously build a highly capable team endorsement” for the Company in winning favour
or opportunities If a product quality or safety incident occurs it may and product quality and can serve as an important competitive If a product quality or safety incident occurs it may
result in the loss of customers and orders and lead to advantage and risk firewall. result in the loss of customers and orders and lead to which provides the fundamental support in the capital markets and in pursuing strategic
increased costs including litigation expenses. A highly concentrated supply chain or dependence on a single increased costs including litigation expenses. and long-term advantage for the Company financing or cooperation thereby creating a more
supplier may give rise to supply interruption risks. If a supplier in achieving technological breakthroughs favourable external environment and financing
experiences a major ESG incident it may lead to production
disruptions compliance penalties and reputational damage. and business development. conditions for the Company’s development.Intensifying competition in the hydrogen
energy industry will drive up the costs of
talent acquisition and retention. If the pace
of internal talent development fails to keep
up with business growth or the demands of
external competition for talent this will
create talent shortage risks and constrain
the Company's growth.Time horizon of the Short-term medium-term and long-term Short-term medium-term and long-term Short-term medium-term and long-term Short-term medium-term and long-term Long-term
impacts of risks and/
or opportunities
25 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 26Rooted in Abundance
– Embarking on a Green 01｜Climate Action * Green Hills Will Not Be Let . . . . . . . . . . . . . . .29
Hydrogen Journey towards a 02｜Resource Circulation * Maximising Resource Utilisation. . .3903｜Co-building the Ecosystem * Hydrogen Benefits All . . . . . . .44
Zero-Carbon Future
27 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 28About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
01｜Climate Action * Green Hills Will Not Be Let Down The Company’s fuel cell products are widely used in the hydrogen energy bus sector. During the Reporting Period 60 hydrogen energy buses equipped with SinoHytec fuel cell technology served the Zhangjiakou Two Sessions
providing transport support for deputies and committee members.
1 Green Products and Technologies
With the fuel cell system at its core the Company maintains its leading advantage in the high-power
segment through continuous technological innovation. On this basis the Company is proactively
expanding across the upstream and downstream supply chain extending the industrial chain and
broadening application scenarios to build a hydrogen energy ecosystem spanning diverse fields
thereby providing deep support for the high-quality transformation of the national energy structure
and contributing to the national dual carbon goals strategy.Green Transport
SinoHytec is committed to advancing the sustainable development of the green transport sector through
1-1 innovation in hydrogen fuel cell technology. The Company follows a commercialisation pathway of “point–line– area” – namely selecting core cities as “points” extending along transport corridors into “lines” and
ultimately forming regional operations as “areas” with priority given to scaling up operations in cities with
a strong hydrogen energy foundation. As at the end of the Reporting Period the Company had
established partnerships with 34 vehicle manufacturers with its products covering the
full range of vehicle types including fuel cell buses logistics vehicles muck trucks and
tractors and had realised large-scale demonstration operations in more than 30 cities in
China and overseas including Beijing Zhangjiakou and Chengdu as well as in Australia.Beijing Zhangjiakou Chengdu Guided by the philosophy of “Made in China loved by the World” SinoHytec continuously advances the development of overseas markets for fuel cell systems deeply integrating high-quality products from Chinese enterprises with
Fuel cell buses in operation Fuel cell buses in operation Fuel cell buses in operation international vehicle manufacturers to jointly accelerate the commercialisation of the global hydrogen energy
industry. At the 2025 Tokyo Motor Show the world’s first liquid hydrogen heavy-duty truck equipped with
SinoHytec’s new 260kW liquid hydrogen fuel cell system was officially launched.During the Reporting Period the first batch of domestically manufactured hydrogen-powered
heavy-duty trucks equipped with SinoHytec’s 240kW hydrogen fuel cell engine (G20+) was
successfully exported to Australia. The export project has obtained the relevant approvals from
Selected Pilot the local government and the products meet the requirements for market access and technical
Operation City standards in Australia demonstrating that SinoHytec’s technological capabilities and product
strength have gained a high level of recognition in mature international markets and marking
the commencement of SinoHytec’s new journey in international market expansion.Zibo Shanghai Green Energy
Fuel cell cold chain logistics Fuel cell logistics vehicles
vehicles in operation In recent years SinoHytec has consistently remained committed to innovation in the field of
1-2 green energy. During the Reporting Period we successfully delivered a 100kW fuel cell
generator set for a distributed power generation project in Brisbane. This project marks the first
overseas export of the Company’s third mature power generation product supporting the
international application of green energy.Zhengzhou Tangshan Australia
Fuel cell tractor-trailer in Fuel cell tractor-trailer in Fuel cell bus in operation
operation operation
29 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 30About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
2 Climate Change Tackling Strategy
Based on the characteristics of its own operations and its upstream and downstream value
Guided by its mission of“ Leading the hydrogen energy industry in jointly building a better future” SinoHytec chain SinoHytec in accordance with the HKEX Code and with reference to disclosure
actively responds to the international community’s climate change goals and initiatives fully implements the 2-3 frameworks such as the Task Force on Climate-Related Financial Disclosure (TCFD) and IFRS S2
national strategy for“ Carbon Peaking and Carbon Neutrality ” and is committed to advancing the energy
transition of the economy and society integrating the philosophy of green development into the Company ’s Climate-related Disclosures has identified climate-related risks and opportunities and has
strategy and striving to promote the low-carbon transformation of the industry chain. assessed and analysed them with reference to different climate scenarios taking proactive actions to respond to climate change risks and capture development opportunities.
2-3-1 Impacts of Climate-related Risks and Opportunities
2-1 Full-Chain Emissions Reduction Pathway for Hydrogen Energy Impact on the business model and Potential financial Timing of Magnitude
Description value chain impact impact of impact Mitigation measures
Physical risks
? ? ?
Acute risks: * Extreme weather (such as high temperatures This may increase Short-term Low * Proactively strengthen the
?
?
extreme weather low temperatures or severe storms) may insurance and response to climate risks by
?
(including extreme affect the operating efficiency and service life maintenance organising emergency
heat tropical of the hydrogen fuel cell system. In high– or expenditure and if the management training and
cyclones floods low-temperature environments the disruption is severe natural disaster drills for
Heavy-duty transport etc.) performance of the fuel cell may decline may result in the costs employees.thereby increasing maintenance costs. of repairing damaged * Purchase insurance for
High-pressure Transport
hydrogen cylinder Public transport * Extreme weather events are expected to assets and opportunity infrastructure to mitigate the
Hydrogen transport disrupt transport services and our supply losses. financial losses arising from
chain may be adversely affected which in extreme weather.Local transport turn may result in delays in the delivery of * Conduct testing and evaluation
Clean energy generation Hydrogen production via Distributed generation
like wind and solar power PEM water electrolysis raw materials and products. of product performance and
Hydrogen storage * Extreme weather events may damage our availability under extreme
infrastructure including hydrogen refuelling weather conditions and
Hydrogen energy storage
Intelligent leak Industrial electricity stations resulting in operational disruptions increase investment in
detection system
and affecting the supply of battery systems technological improvements to
and customer experience. ensure stable product
Combined heat
and power * Extreme weather may pose a threat to operation.employees’ health and safety particularly * To enhance climate adaptation
where employees are required to work capabilities the Company
outdoors or in unsuitable environments. advances its strategy for the
Employees may suffer health issues such as localisation of raw materials
? ? ? - ? ? - ? ? heatstroke and frostbite as a result of reduces reliance on imports
- -
extreme weather increasing rates of sick and enhances supply chain
-
? leave and the likelihood of occupational resilience.? accidents thereby affecting work and
?
- production efficiency.? ? ??
?? ? ? Chronic risks: * Water Scarcity may affect production and The continued rise in Medium- to Low * Take local water resource risks
???? ? ? ?
???? ?
- - ? ?? Water scarcity and operational efficiency increase operating resource and energy long-term into consideration when
-?? ?? ?? drought changes costs and even constrain production plans. costs may increase selecting operational locations
? ? in average * Rising average temperatures may make the overall operating and strengthen the
temperature working environment warmer particularly in expenditure and management of water used in
Governance summer potentially affecting employee indirectly result in the Company’s production productivity and even the safety of the revenue loss through processes as well as water
SinoHytec attaches great importance to the challenges and opportunities arising from climate Company’s production environment. production disruptions. recycling and reuse.
2-2 change and has clearly stipulated that the Board shall bear ultimate responsibility for addressing * Consider increasing investment
climate-related risks and opportunities. Climate-related matters have been incorporated into the
Board’s sustainability governance framework to ensure that the Company’s climate strategy is in upgrading the Company’s
closely aligned with its overall development strategy. production and office
environments such as air
We have established a three-tier climate change governance structure comprising the Board the conditioning and mechanical
Strategy and ESG Committee and the ESG Executive Working Group. During the Reporting ventilation systems.Period to ensure the competence of the teams responsible for climate governance management
and execution and to enable end-to-end capability-building from awareness to implementation
we conducted specialised climate change and ESG training delivered by an independent third-party
institution. The training covered both theoretical and practical knowledge including developments
in global standards disclosure requirements and Scope 3 Emissions.
31 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 32About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Impact on the business model and Potential financial Timing of Magnitude 2-3-2 Climate Scenario Analysis
Description value chain impact impact of impact Mitigation measures
To ensure a comprehensive risk assessment
Transition Risk SinoHytec adopted a scenario framework recommended by internationally recognised
Policy and In response to more stringent carbon emission Increased compliance Short- to High * Improve policy formulation and inst i tut ions . We assessed two sharp ly
Regulatory Risk standards and policies the Company is required costs expenditure on medium-term strengthen the promotion of contrasting climate scenarios under different
to adjust its production activities and fines or rises in raw energy-saving awareness. scenario frameworks in order to analyse and
management approaches to accommodate material prices may * Closely monitor changes in discuss the potential impacts that climate-
regulatory changes which may increase the erode profit margins relevant regulations. Where related risks and opportunities may have
complexity of internal compliance processes and and require additional such regulations change the under different conditions thereby providing Low-emission scenario: High-emissions scenario:
affect operational efficiency and strategic investment in Company will adjust the a bas i s fo r the Company ’s long- te rm global warming is limited to global warming exceeds 2oC in
planning. environmental relevant production activities resilience planning and strategic decision-
making. Based on the analysis we believe within 1.5oC over the course of this century representing more
technology upgrades. and management approaches that c l imate change-re lated r i sks and
to comply with the revised this century consistent with the severe future climate impacts opportunities will not have a material impact
requirements. on the Company ’s f inanc ia l pos i t ion goals of the Paris Agreement. and fewer mitigation measures.Market Risk The scarcity of non-renewable resources and As a result of climate Medium- to Medium * Strengthen procurement operating results or cash flows in the next
financial year.energy may affect product costs and prices. change the energy long-term management to ensure the
transition and other stable supply of resources and
factors electricity energy. 2-3-2-1 Physical Risk Scenarios
prices have risen * Increase the proportion of To assess physical r isk we have adopted the “Shared Socioeconomic Pathways” (SSPs) set out by the
leading to an increase renewable energy in use.Intergovernmental Panel on Climate Change (IPCC) in its Sixth Assessment Report (AR6) as these pathways are
in electricity costs.highly credible and focus on the impacts of physical science.Technology Risk If the research and development of or investment The R&D and Medium- to High * Make appropriate
in low-carbon technology is unsuccessful the application of long-term arrangements for R&D funding Category SSP1–2.6 (Low-Emission Scenario) SSP5–8.5 (High-Emissions Scenario)
Company may face the risk of competitors seizing low-carbon technology and resources. Strengthen
market share. require substantial cooperation with universities
investment of capital and research institutions to Scenario Globally proactive carbon reduction measures The world continues to rely heavily on fossil
and time which may jointly conduct research and Description are being implemented and GHG Emissions are fuels and GHG emissions continue to increase.expected to peak before 2030 and then decline
result in increased development in low-carbon
rapidly.corporate costs and technology thereby reducing
reduced profits in the R&D risks. Temperature By 2100 the global annual average By 2100 the global annual average temperature
short term. Change temperature is projected to increase by is projected to increase by approximately 3.3oC
approximately 1.3oC to 2.4oC. to 5.7oC.Reputation Risk Failure to effectively respond to investor and This may directly affect Long-term Low * Actively respond to stakeholder
stakeholder expectations regarding the disclosure the share price cost of requirements in relation to Sea Level Rise By 2100 sea levels are projected to rise by By 2100 the projected median sea-level rise will
of and response to climate risks may undermine capital and ability to climate-related management approximately 0.32 metres to 0.62 metres be approximately 0.63 to 1.01 metres posing a
investor confidence in SinoHytec's future attract new and response measures. posing a relatively limited threat to coastal serious threat to coastal areas.prospects and affect the Company's future investment. * Strengthen ESG ratings infrastructure.development. management and improve all
relevant certifications.
2-3-2-2 Transition Risk Scenario
We have selected the climate scenarios developed by the Network for Greening the Financial System (NGFS) as the
Opportunity basis for assessing transition risks.Market As more and more industries face pressure from the energy transition Short- to High * S t r e n g t h e n m u l t i - p a r t y
opportunities are emerging to identify new application scenarios and medium-term collaboration and broaden the Net Zero Emissions by 2050
development opportunities in new industries. scope for co-operation. Category (Low-Emission Scenario) Fragmented World (High-Emissions Scenario)
Products and Our products and services are centred on green and clean hydrogen Short- to High * Continue to expand application
Services energy and market demand for low-carbon products may support growth medium-term scenarios. Scenario This scenario assumes that owing to the This scenario assumes that global climate policy
in our revenue. * A c c e l e r a t e i n n o v a t i o n i n Description adoption of stringent climate policies and action is delayed and fragmented leading to
product technologies. innovative technologies global warming will be elevated physical risk and transition risk.limited to 1.5oC meaning that global carbon
* Establish a hydrogen energy
dioxide emissions will achieve net zero
ecosystem. emissions around 2050.Policies and Within the framework of the dual carbon goals green finance policies are Short-term High * C l o s e l y m o n i t o r p o l i c y
Regulations prioritised in favour of the clean energy sector. As a provider of hydrogen developments and promptly Policy 1.4oC. 2.4oC.energy technologies the Company is better positioned to secure such ad jus t the bus iness mode l Objectives
financing. accordingly. Policy Immediate and smooth. Delayed and fragmented.* Participate in the development Changes
of industry standards. Technological Rapid change. Initially slow then fragmented.Changes
33 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 34About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
2-3-2-3 Assessment Results Risk Management
Definition of Time Horizons
SinoHytec is incorporating climate-related risks into the Company's risk management processes and taking
As the Company’s principal 2-4 into account its actual business conditions industry analysis and advice from external experts identifies the
bu s i ne s s ope r a t i on s a r e potential risks and development opportunities presented by various climate-related risks. Based on
located in mainland China up to 2030– after feedback from various departments we comprehensively consider the likelihood of risks and opportunities
the time horizons are aligned 2030 2060 2060 arising and the extent of their impact on the Company prioritise such risks and opportunities and
formulate targeted response measures. The Company regularly monitors climate-related risks and
with the dual carbon goals
progressively enhances its resilience in responding to climate change.to ensure consistency with Short-term Medium-term Long-term
national climate policies.Definition of impact severity 2-4-1 Risk Identification 2-4-2 Risk Assessment
Risk identification is conducted on a The l ikel ihood of r isks and the
regular basis in conjunction with
external advisers analysing external severity of their impacts are assessed
policy developments and industry a n d a r i s k m a t r i x i s u s e d t o
trends in order to identify climate- determine the overall risk rating
related risks and opportunities
relevant to SinoHytec. Through thereby establishing the priority of
Low impact severity: The likelihood of M e d i u m i m p a c t s e v e r i t y : T h e High impact severity: The likelihood internal communication meetings a climate-related risks and identifying
the risk occurring is low with only a l i ke l ihood of the r i sk occur r ing i s of the risk occurring is high and may list of climate-related risks and material risks.minor impact on the business. The moderate and may cause a certain degree r e s u l t i n s i g n i f i c a n t o p e r a t i o n a l opportunities is established.Company can respond promptly and of disruption to operations; however the disruption affecting the Company ’s
recovery requi res re lat ive ly l imited Company can respond through partial long-term development. Large-scale
resources and time (ranging from several adjustments. Recovery may take from adjustments are required recovery may
weeks to several months). several months to one year and requires a take one year or longer and substantial
moderate level of resources. resources are needed. 2-4-3 Risk Response 2-4-4 Risk Monitoring
To ensure a comprehensive risk assessment SinoHytec adopted a scenario framework recommended by internationally Fo r i den t i f i ed mate r i a l r i s k s Continuously monitor climate risks
recognised institutions. We assessed two sharply contrasting climate scenarios under different scenario frameworks in response measures are formulated and opportunities regularly update
order to analyse and discuss the potential impacts that climate-related risks and opportunities may have under and implemented in relation to the list of climate-related risks and
different conditions thereby providing a basis for the Company’s long-term resilience planning and strategic decision-
making. Based on the analysis we believe that climate change-related risks and opportunities will not have a material climate-related risks in order to opportunities and ensure that the
impact on the Company’s financial position operating results or cash flows in the next financial year. eliminate mitigate or transfer such Board receives regular reports on
IPCC AR6’s SSP1–2.6 Scenario IPCC AR6’s SSP5–8.5 Scenario risks. climate-related risks and opportunities.Short- Medium- Short- Medium-
Physical Risk Description term term Long-term term term Long-term
Extreme weather events We assessed the potential impact of Low Low Low Low Medium High
Water scarcity physical risk on the locations of the Low Low Low Low Medium Medium
group’s assets as well as the potential
Rise in average risks to asset values. Low Low Medium Low Medium High
temperatures
NGFS Net Zero Emissions 2050
Scenario NGFS Fragmented World Scenario
Medium- Medium-
Transition Risk Description Short-term term Long-term Short-term term Long-term
Tightening carbon We expect that the tightening of climate-related Low Medium Low Low Low Medium
emissions regulations policies and regulations may result in additional
carbon taxes and compliance costs.Transition to low-carbon We expect that the adoption of low-carbon Low Medium Medium Low Low Medium
technology technology may require substantial upfront capital
investment including research and development
costs and technology-related risks.Shifts in customer We assessed the potential impact on the cost Low Medium Medium Low Low Low
preferences structure arising from customers' environmental
performance requirements and changes in market
structure.Increasing stakeholder We expect that adverse reputational risks may lead Low Low Medium Low Low Low
attention to a long-term decline in business volume and
revenue.
35 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 36About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Metrics and Targets 2-5-2 Climate-related targets
SinoHytec’s core carbon reduction pathway focuses on the innovation and industrialisation of hydrogen fuel cell
2-5 2-5-1 GHG Emissions technology using hydrogen energy as the point of entry to advance green energy development and contribute to
To achieve comprehensive management of GHG emissions SinoHytec continuously monitors its
the dual carbon goals. During the Reporting Period in order to effectively implement its carbon neutrality
annual GHG emissions and consistently advances decarbonisation across its own production and
strategy and comprehensively advance climate action SinoHytec established phased quantifiable medium– and
operations as well as along the upstream and downstream segments of the industrial chain.long-term green and low-carbon targets.During the Reporting Period in accordance with the requirements of the GHG Protocol
Accounting Standard we carried out a detailed accounting of GHG emissions for the Reporting
Period. Based on calculations total Scope 1 2 and 3 GHG emissions in 2025 amounted to 8202.6 Short-term Medium- Long-term
target (by term target target (by
tonnes of carbon dioxide equivalent of which 1% was attributable to Scope 1 48% to Scope 2 2030) (by 2035) 2055)
and 51% to Scope 3 emissions. Within Scope 3 emissions Category 1: purchased goods and
services represented the largest share accounting for 42% of total GHG emissions Strengthen Reduce emissions Operational
the foundation intensity carbon neutrality
Purchased goods Establish a carbon emissions U s i n g 2024 d a t a a s t h e Achieve carbon neutrality in
and services
??% d a t a c o l l e c t i o n a n d baseline achieve a reduction own operations (Scope 1 and
accounting system covering of more than 20% in the Scope 2) five years ahead of
t h e e n t i r e C o m p a n y carbon emissions intensity the nat iona l 2060 carbon
( inc luding a l l subs id iar ies of own operations (Scope 1 n e u t r a l i t y t a r g e t . T h e
Scope ? Scope ? a n d p r o d u c t i o n b a s e s ) and Scope 2). The Company Company wi l l leverage i ts
??% ??% strengthen the information will through measures such technological advantages in
m a n a g e m e n t a n d d a t a as increasing the proportion hydrogen energy to explore
co l lect ion capabi l i t ies for of renewable energy and the substitution of fossil fuels
key operat ional processes advanc i ng ene rgy - s a v i ng with green hydrogen. Having
Capital goods ( S c o p e 1 a n d S c o p e 2 r e t r o f i t s t o p r o d u c t i o n a ch i e ved i t s own ca rbon
?% emissions) ensure that data processes achieve a relative neutrality the Company will
Employee business Waste treatment are traceable and verifiable d e c o u p l i n g o f c a r b o n p r o g r e s s i v e l y e n c o u r a g e
Scope ? travel ?%
?% and lay the groundwork for emiss ions wh i le pursu ing upst ream suppl ie rs to set ?% s y s t e m a t i c e m i s s i o n s business growth. emissions reduction targets
reduction. and jointly build a green and
low-carbon supply chain.Should any material revisions be made to the targets timetable or methods for measuring progress such
revisions will be disclosed in subsequent ESG reports together with a clear explanation of the reasons for the
revisions.
37 L引E领AD氢IN能G产 T业HE共 H建YD美RO好G未EN来 ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BE北IJI京NG亿 S华IN通O科HY技T股EC份 C有O.限 L公TD司. 38About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
02｜R esource Circulation * Maximising Resource 4 Energy Usage
Utilisation Recycling and Reuse of Water Resources
SinoHytec complies with applicable environmental laws and regulations including the Energy
4-1 Conservation Law of the People's Republic of China and is committed to reducing energy
3 Circular Economy consumption and enhancing energy utilisation efficiency. The Company's energy primarily comes from the electricity supplied by public utility providers in the locations where it operates. We
have established an energy management system to closely monitor energy consumption
SinoHytec is committed to advancing circular economy principles and achieving sustainable development through regularly assess the consumption of electricity and other forms of energy in the production
resource conservation waste management and efficient utilisation strategies. The Company has implemented a process and identify anomalies and assess potential risks by benchmarking against historical
range of measures in its production and operations including the issuance of the Notice on Conserving Various data and other relevant information. Through optimising production processes carrying out
Resources and Costs in order to reduce resource consumption promote waste recycling and strengthen cost control. technological upgrades and retrofits and upgrading equipment we actively reduce unnecessary
energy consumption and drive the continuous improvement of energy efficiency.Governance
In 2025 the system cumulatively achieved a total reclaimed water reuse volume of over 1661
Shanghai Shenli has constructed a supporting integrated water treatment system. The system centrally collects both
3-1 tonnes. This has effectively enhanced the cyclic utilisation efficiency of water resources reduced domestic sewage and industrial wastewater from the factory premises and purifies it through a combined process of
biochemical treatment and reclaimed water reuse. The regenerated water resources are then recycled for use in the consumption of fresh water resources and delivered a practical demonstration of the
workshop production processes. In particular the reclaimed water reuse system employs a sequential deep purification principles of water conservation and emission reduction as well as green low-carbon
process comprising sand filtration activated carbon filtration primary reverse osmosis and secondary reverse osmosis production.thereby ensuring that the effluent water quality remains stable and consistently meets the required standards.In terms of management practices the Company has established the Work Specification for Energy
Management of Equipment and Facilities covering the energy management of all production and testing Energy Energy Energy
equipment and facilities. The Company implements a three-tier energy management system at the Company Management Group Management Subgroup Administrator
workshop and team levels with SinoHytec's Process Equipment Department establishing an Energy
Management Group; each energy-consuming department establishing a workshop-level energy management * Based on the annual requirements for * Responsible for establishing the organisational * Responsible for carrying out relevant energy
sub-group; and each team designating an energy management officer.product ion and test ing organise the structure for energy management within the management activities in the areas under their
preparation of energy management plans and department allocating human resources and j u r i s d i c t i on i n a c co rdance w i th t he
work programmes for equipment and defining functions and responsibilities; requirements of the Energy Management
facilities and organise their implementation; * In accordance with the requirements of the Subgroup;
* Be responsible for organising energy efficiency Energy Management Group responsible for * Responsible for designating the accountable
inspect ions of key energy-consuming organising energy management inspections person for the management of each energy
equipment and facilities in order to improve and supervising the implementation of all use point within the areas under their
resource utilisation efficiency; energy management plans; jurisdiction;
* Responsible for organising the annual review * Responsible for ensuring the effective * Re spons i b l e f o r commun i ca t i ng t he
of energy-saving measures as well as their implementation of energy-saving inputs by department's energy-saving communication
application promotion and assessment of e a c h t e a m a n d f o r e v a l u a t i n g t h e and training content to the accountable
results; performance of Energy Administrators; persons for the energy use points under their
* Responsible for organising and overseeing * Responsible for coordinating and resolving all jurisdiction;
energy-saving awareness activit ies and issues arising in energy management; * Responsible for conducting self-inspection and
professional and technical training for the * Responsible for the department's self- rectification of energy use in the areas under
Energy Management Subgroups; inspection and rectification of energy use as their jurisdiction;
* Responsible for guiding the work of energy well as energy-saving communication and * Responsible for escalating and reporting
"Reclaimed Water Reuse" Facilities
management personnel and for directing and training. exceptional issues that cannot be resolved
Recycling of Raw Materials and Waste a s s i s t i n g i n t h e d i s s e m i n a t i o n a n d independently.implementation of energy-saving standards.SinoHytec emphasises the precise management and recycling of raw materials. During the production process we
3-2 operate in strict accordance with process requirements to reduce the waste of raw materials; classify and recycle offcuts
scrap and other waste materials and make rational use of them to improve the overall utilisation rate. At the same time
we strengthen controls over the use of auxiliary materials (such as lubricants and cleaning agents) to avoid undue waste. Strategy
The Company integrates energy conservation and efficiency improvement into its overall
Equipment Maintenance and Reuse 4-2 operational objectives. By continuously optimising its energy utilisation strategies advancing
The Company adheres to the principle of repairing and reutilising old equipment and materials has established and technological retrofitting and equipment upgrades and promoting secondary energy use and
3-3 improved a sound equipment maintenance regime and performs regular maintenance on production equipment to the transition to clean energy under the energy transition agenda it strives to reduce energy
extend service life and reduce the incidence of failures. During equipment maintenance priority is given to repairing consumption improve efficiency and reduce its carbon footprint.damaged components so as to reduce the need for replacement with new parts; for components that cannot be
repaired or for which repair costs are excessively high a cost-effectiveness assessment is conducted and the optimal
solution is selected thereby maximising the reuse value of equipment and reducing waste and resource consumption.
39 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 40About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Impact Risk and Opportunity Management 5 Usage of Water Resources
4-3 Through its energy management system the Company conducts full-process monitoring and SinoHytec strictly complies with the Water Law of the People's Republic of China and continuously
closed-loop management of energy consumption regularly assesses consumption levels and
promotes the efficient utilisation of water resources in the course of its operations. During the Reporting
identifies anomalies and potential risks. Our routine measures include: Period we had no operating sites in areas subject to water risk or high water stress and 100% of our
water withdrawal was sourced from municipal water supply with no issues in securing access to suitable
During the planning and construction During the equipment procurement Zonal electricity-use management is water sources. Domestic water is used to support employees' normal office work and daily needs with a
stages of plant facilities natural lighting is process priority is given to facilities and implemented to ensure that lighting and portion used for food preparation in the staff canteen; production water is used for cleaning components
incorporated as a key design priority in equipment with high energy-efficiency equipment power supplies are switched off and production equipment.order to maximise the use of daylight ra t ings and low operat ing energy promptly whenever areas are unattendedthereby ensuring that “lights are turned offresources. consumption.when people leave” and “machines are shut We have set a long-term water efficiency target: with 2024 as the base year total water consumption will bedown when operators leave”. reduced by 10% by 2030. To this end SinoHytec in line with the principle of “taking a broad view and starting withsmall actions” and in accordance with the Notice on Conserving Various Resources and Costs has implemented
Through regular inspect ion serv ic ing and Energy-saving reminder signs are displayed in office coordinated governance and lean management of water resources:
maintenance of production equipment its efficient and production areas to encourage practices such
operating condition is maintained thereby reducing as conserving electricity switching off lights when * Water use management in office areas: regularly inspect taps water pipes and other facilities and promptlyenergy loss. not in use and maintaining air-conditioning rectify running overflowing dripping leakage and other issues; employees are required to ensure that “watertemperatures at 25o C. It is also stipulated thatlighting and non-essential office equipment must stops when the person leaves” when using taps; promote the use of water-saving sanitary fittings control
be switched off after work to save electricity. water consumption for cleaning office supplies mopping floors and other activities and avoid excessive
waste; through notice boards and other channels we encourage all employees to cultivate water-saving
During the Reporting Period we continued to promote the “ Residual Heat Recovery” and habits thereby ensuring the effective implementation of the policy.“ Residual Electricity Utilisation” initiatives. The“ Residual Heat Recovery” initiative improved the
high-temperature water preparation process through upgrades to equipment and pipeline * Water management in the plant area: during the production process cleaning water consumption is strictly
systems: first high-temperature wastewater generated after cleaning is collected treated and
reused in real time; second hot air generated during air compressor operation is captured and controlled in accordance with process requirements; regular technical upgrades and maintenance are carried
used to maintain the temperature of high-temperature water tanks thereby substantially out on high water-consumption equipment; water-use records are maintained and abnormal water
reducing the electrical energy consumed in the preparation of high-temperature water. The consumption is monitored in real time.“ Residual Electricity Utilisation” initiative channels electricity generated during engine testing to
low-energy-consumption applications such as plant lighting thereby enabling the secondary
utilisation of energy. 6 Emissions and Waste Management
In addition SinoHytec Power installed solar panels on the rooftops of its production workshops and office buildings SinoHytec continues to strengthen the management of wastewater exhaust gas and waste. We
for winter heating supporting the clean energy transition. rigorously implement the pollutant discharge permit system apply to the competent authorities in our
operating locations for environmental protection administrative permits and effectively discharge our
responsibilities for pollution prevention and control. As at the end of the Reporting Period the
Company and its production subsidiaries had each obtained the environmental protection
administrative permits required under applicable laws and regulations.Governance
The Company's environmental management is centrally overseen by the Safety Management
6-1 Department which is responsible for formulating the annual environmental management work
plan at the beginning of each year regularly organising environmental inspections third-party
environmental monitoring and environmental training and ensuring the effective operation of
the management system."Residual Heat Recovery" Facilities Strategy
Metrics and Targets The Company takes "resource utilisation reduction and harmless treatment" as the core principles of 6-2 waste management and continuously advances the comprehensive utilisation of resources. In the
4-4 For key performance indicators relating to energy utilisation please refer to the "Environmental treatment of wastewater and exhaust gas the Company pursues source reduction of pollutants and
Performance" section of the "Summary of Key Performance Indicators" set out below. consistently compliant discharge through technological upgrades and process controls.
41 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 42About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Impact Risk and Opportunity Management 03｜C o-building the Ecosystem * Hydrogen
To ensure the effective treatment of wastewater all production units under SinoHytec that involve pollutant discharge have
6-3 established separate rainwater and sewage drainage systems and wastewater treatment systems and have strengthened
management of the wastewater disposal process. At the same time we engage third-party institutions to conduct regular
wastewater testing and issue test reports. Testing indicators include pH chemical oxygen demand suspended solids and Benefits All
ammonia nitrogen among others to ensure that all wastewater is discharged into municipal or industrial park sewer networks
only after treatment in compliance with applicable laws regulations and standards. The Company actively cooperates with and
accepts the supervision inspection and routine checks of environmental protection authorities at all levels of government. 7 Environmental Compliance Management
Air emissions arising from our own operations mainly include volatile organic compounds (VOCs) nitrogen oxides (NOx)
sulphur oxides (SOx) particulate matter (PM) and others. To effectively mitigate the environmental harm caused by air
emissions we strictly comply with relevant national and local laws regulations standards and policy requirements relating to Governance
air emission management. In light of the characteristics of air emissions generated during the production process we apply
treatment processes such as collection and activated carbon adsorption before releasing them as controlled emissions. At the SinoHytec regards environmental compliance as the baseline of the Company’s operations and the
same time the relevant production units have established air emission monitoring plans and engage professionally qualified 7-1 cornerstone of its international development. The Company strictly complies with laws and regulations
environmental testing organisations to conduct regular testing of air emissions from the factory premises. including the Environmental Protection Law of the People’s Republic of China the Law of the People’s
Republic of China on the Prevention and Control of Atmospheric Pollution the Law of the People’s
In accordance with the disposal principles of “resource utilisation reduction and harmless disposal” we conduct the classified Republic of China on the Prevention and Control of Water Pollution and the Law of the People’s Republic
collection temporary storage and compliant disposal of waste while seeking to maximise its comprehensive resource utilisation of China on the Prevention and Control of Environmental Pollution by Solid Waste and has accordingly
wherever possible. All production units involving pollutant discharge are equipped with temporary storage areas for general formulated and implemented a series of internal policies including the Environmental Management Policy
industrial solid waste and classified waste bins for the separate collection of general production-related solid waste and and the Emergency Response Plan for Environmental Pollution Incidents. At the same time the Company
household waste respectively. Household waste is uniformly collected and removed by municipal (industrial park) sanitation attaches great importance to compliant operations in overseas markets ensuring that its business activities
authorities. For general solid waste we implement classified temporary storage and entrust third-party organisations with its in Australia and other locations fully comply with local environmental protection laws and regulations.transportation utilisation and disposal actively promoting recycling and reuse and minimising the volume sent to landfill to the
greatest extent possible. At the same time we also review their relevant qualifications and technical capabilities to ensure the The Company has established an environmental management organisational structure led by the Safety
strict implementation of pollution prevention and control requirements. Management Department and implemented at each production base. We have appointed dedicated
personnel responsible for day-to-day environmental management. The Board and senior management have
Our hazardous waste mainly includes spent activated carbon waste engine oil and waste organic resins. Production units clearly assumed ultimate responsibility for environmental compliance and ensure the effective operation of
involving hazardous waste establish operate and manage hazardous waste temporary storage facilities in accordance with the system by reviewing and approving the annual environmental work plan and overseeing its
regulatory requirements and national standards and temporarily store hazardous solid waste by designated area and category; implementation.relevant production units regularly inspect the hazardous waste in storage as well as its packaging containers and storage
facilities and immediately implement rectification measures upon identifying any potential hazards. Following the classified
temporary storage of hazardous solid waste all such waste is entrusted to qualified entities for disposal. The Company’s Strategy
production units involving hazardous waste conduct qualification reviews of hazardous waste disposal service providers and by
tracking and assessing their actual disposal capacity disposal methods and disposal practices prevent any non-compliant SinoHytec regards “compliance as the foundation and prevention as the priority” as the strategic core of its
disposal of hazardous waste and any cross-border transfer. 7-2 environmental management and is committed to deeply embedding environmental risk management
throughout its operational processes. We consistently comply with all applicable national and local
environmental protection laws and regulations and through regular monitoring and management ensure
Metrics and Targets that waste gas and wastewater from all operating sites are discharged in stable compliance with applicable
standards thereby reinforcing the green foundations of the Company's operations.We have established long-term waste reduction targets: using 2024 as the base year by 2030 the generation intensity of
6-4 hazardous waste and non-hazardous waste will be reduced by 10%. During the Reporting Period the Company’s environmental
performance indicators were achieved as follows: Impact Risk and Opportunity Management
7-3-1 Establishment of the Environmental
7-3 Management System
Wastewater Exhaust gas We regard environmental risk management as the starting point for
the Company to fulf i l i ts environmental responsibi l i t ies. In
accordance with the ISO 14001 standard we have established and
Wastewater from production units involving Exhaust gas from production units involving continuously improved our environmental management system
pollutant discharges was regularly tested and pollutant discharges was regularly tested and cover ing environmental control factors such as waste gas
indicators including pH chemical oxygen demand ind icators inc lud ing VOCs NOx SOx and wastewater solid waste and noise from multiple perspectives
suspended solids and ammonia nitrogen were all par t i cu late matter were a l l d i scharged in including policies and regulations production processes facilities
discharged in compliance with applicable standards. compliance with applicable standards. and equipment and technical conditions. Using a bottom-up
approach with the participation of all employees we routinely and
dynamically identify analyse and assess environmental risk factors
Noise Waste and formulate targeted strategies and measures based on the
assessment results to prevent mitigate and eliminate environmental
risks; we monitor the implementation and effectiveness of the
Following periodic monitoring daytime and General solid waste and hazardous waste from environmental risk control plan conduct at least one annual
night-time noise levels at the plant boundaries of all subordinate production units were treated assessment of its effectiveness and adjust the risk control plan in
all subordinate production units remained within and disposed of in compliance with applicable light of the assessment results.the applicable limits. regulat ions and no inc idents of unlawful
disposal occurred. Throughout the production process from assembly to testing we
take environmental factors into account to ensure compliant
operations. The Company submits quarterly testing reports covering
For quantitative key performance indicators relating to waste please refer to the “Environmental Performance” section under various indicators including air emissions wastewater and solid
the “Summary of Key Performance Indicators” set out later in this report.。 waste to verify compliance and continuously improve environmentalperformance.
43 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 44About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
7-3-2 Environmental Emergency Response and Awareness Enhancement 8 Ecosystem and Biodiversity Protection
SinoHytec attaches great importance to the prevention of and response to environmental
emergencies. For specific scenarios such as hydrogen leakage and fire incidents the Company
formulates training and drill plans and conducts training and emergency drills in accordance with SinoHytec fully recognises the urgency and importance of biodiversity conservation and strictly
such plans with the objective of enhancing employees’ emergency response capabilities and ensuring complies with relevant national and local laws and regulations. To strengthen biodiversity
that environmental impacts can be swiftly and effectively controlled and mitigated in the event of conservation during the plant site selection stage we prioritise already developed areas and avoid
potential risks. The Company actively promoted the enhancement of environmental protection
capabilities and awareness among all employees. During the Reporting Period our environment- establishing facilities in sensitive areas such as nature reserves so as to reduce potential damage to
related training covered topics including “energy conservation and emissions reduction” “waste the natural environment. At the same time prior to the construction of the plant we conducted aclassification and disposal” and “paperless office skills” thereby fostering green practices in daily detailed environmental impact assessment of the proposed site to ensure that the planning scheme
operations. For the emergency response activities carried out by the Company during the Reporting complied with ecological requirements. During subsequent operations the Company monitors
Period please refer to the section headed “Strengthening Emergency Response”. discharge indicators for wastewater exhaust gas and other emissions in real time to ensure full
compliance with the applicable discharge standards thereby avoiding any adverse impact on the local
ecological environment.Training on Energy Conservation and Emissions Reduction
Metrics and Targets
In 2025 the Company established environmental compliance management targets covering the
7-4 management of waste exhaust gas and wastewater with a firm commitment to preventing any
unlawful or non-compliant discharge and reducing environmental impacts. In 2025 the Company
invested a total of more than RMB620000 in the construction and operation of environmental
protection facilities and paid environmental protection taxes and fees in full.SinoHytec's 2025 environmental compliance management targets and progress:
2025 Progress
Indicator Targets in 2025
Number of incidents involving hazardous waste
management issues identified during inspections by
regulatory authorities 0 cases 0 cases
Number of items with non-compliant monitoring
results for waste gas emissions 0 cases 0 cases
Number of items with non-compliant monitoring
results for wastewater discharges 0 cases 0 cases
During the Reporting Period the Company did not incur any penalties imposed by the
competent authorities for violations of laws and regulations relating to environmental
management nor were there any material environmental impacts in the above respects.
45 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 46Harnessing Momentum for 01｜Voices from the Two Sessions * Responsibility of Industry . . . . . . . . . . . . . . . . . . . . . . . 49
Flourishing Growth 02｜Technological Innovation * Industry Development . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5103｜Upholding Responsibility Across the Value Chain *
– Collaborative Symbiosis Harnessing Collective Strength for Shared Growth . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 68
Forging New Frontiers 04｜Employee Development * Lush Woodlands . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7005｜Community Empowerment * Hydrogen Bringing Warmth to Communities . . . . . 84
47 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 48About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
01｜V oices from the Two Sessions *
Responsibility of Industry 2023
As a pioneer in the hydrogen energy industry SinoHytec deeply
understands that the prosperity of an industry cannot be achieved Strengthening Policy Support to Accelerate the Large-scale
Development of Hydrogen Energy
without the guidance of top-level design and the nourishment of a
* Expand the number of fuel cell vehicle demonstration city clusters
supportive policy environment. Mr Zhang Guoqiang Chairman of the * Explore diversified hydrogen supply models and promote the development of green
company has for three consecutive years in his capacity as a deputy to hydrogen from renewable energy sources
* Remove restrictions requiring hydrogen production to take place within chemical
the National People’s Congress transformed profound insights gained industry parks and optimise the approval and management procedures for
from frontline practice into the“ SinoHytec Proposals” aimed at driving hydrogen refuelling stations
* Advance green finance innovation and establish hydrogen energy industry funds
national industrial transformation.From a single proposal to a formal reply letter and then to a series of
policies that have taken root and borne fruit SinoHytec has been
deeply involved in shaping the future of China’s hydrogen energy 2024
industry playing a dual role as both“ thinker” and“ doer”. We firmly
believe that true leadership lies in paving the way for the entire
industry. This is SinoHytec’s responsibility and commitment!
Seizing Opportunities in Energy Transition to Accelerate the
Development of the Hydrogen Energy Industry Ecosystem
* Promote large-scale application of hydrogen energy using scale to drive
improvements in industrial quality and cost reduction
* Develop low-cost green hydrogen supply to support the high-quality development
of the hydrogen energy industry
* Break through policy bottlenecks in industrial development and accelerate the rapid
growth of the hydrogen energy sector
2025
Strengthening Policy Support and Industrial Collaboration to Promote the
Sustainable Development of the Entire Hydrogen Energy Industry Chain
* Increase support for financing and development of private enterprises in the
hydrogen energy industry chain
* Improve the mechanism for disbursing award and subsidy funds and ensure they
are released in a timely manner
* Develop low-cost hydrogen supply guarantees
* Carry out demonstration applications of hydrogen energy on expressways and in
other transportation sectors
* Promote diversified demonstration applications of hydrogen energy in industrial
power and other fields
49 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 50About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
02｜T echnological Innovation * Industry
Case ?National Key R&D Programme Special Initiative on Hydrogen Energy Technology.Development During the Reporting Period SinoHytec continued to advance the National Key R&D Programme project entitled“Design and Integration of a Single-Set Megawatt-ClassProton Exchange Membrane Fuel Cell Combined Heat and
9 Innovation-Driven Power System” Led by SinoHytec this project has established a technical research team comprising ten organisations:
Tsinghua University the Ningbo Institute of Materials
Following more than a decade of exploration and development SinoHytec has adhered to the“ onion-peeling” technological Technology and Engineering of the Chinese Academy of
pathway of“ vehicle power system → engine → stack → bipolar plates & membrane electrode” progressing layer by layer and Sciences North China Electric Power University the China
decoupling each link step by step while striving to advance towards a strategic development framework driven by the twin Electric Power Research Institute Beijing Jiaotong University
engines of hydrogen energy and fuel cell. GRIMAT Engineering Institute Co. Ltd. State Grid Xinjiang E lect r ic Power Co. L td. Y in ing L ianchuang Urban
Construction Co. Ltd. and the Shanghai Intelligent New
Governance Strategy Energy Vehicle Innovation Functional Platform. The project focuses on advancing the application of hydrogen fuel cells
Through a specialised modular division of We adhere to the technological innovation in the combined heat and power sector developing a
9-1 responsibilities and a national-level key project 9-2 model of “ research ing one generat ion single-set megawatt-class proton exchange membrane fuel undertaking mechanism the SinoHytec R&D developing one generation and promoting cell combined heat and power system and carrying out aDepartment has established a systematic and one generat ion ” cont inuous ly increase demonstration application in Ili Xinjiang.forward-looking governance framework for investment in scientific research establish and
techno log ica l innovat ion ensur ing the improve the organisational system for product Proton exchange membrane fuel cell combined heat and
efficient allocation of R&D resources and R&D cultivate and develop a team of highly power offers the advantages of cleanliness high efficiency
scientific professional decision-making while skilled technical professionals strengthen our low noise and rapid start-up and constitutes an important
s t r o n g l y a d v a n c i n g t h e i n d e p e n d e n t innovation capabilities and consolidate our technological pathway supporting the optimisation of the
innovation and industrial application of core R&D foundation and continue to lead the national energy mix and the supply of clean energy. It is also
hydrogen energy fuel cell technologies. sound and high-quality development of the one of the key technologies for achieving carbon neutrality
hydrogen energy industry. goals. Driven by policies such as the Medium– and Long-
Term Plan for the Development of the Hydrogen Energy
Industry this technology has become a major focus of
international research. Accordingly this project represents
Impact Risk and Opportunity Management an important milestone in the expansion of China’s fuel cell
9-3 industry from vehicular applications into the energy and Drawing on its long-term innovation expertise in the fuel cell sector SinoHytec proactively advances technological energy storage sectors and will provide support across
innovation in hydrogen energy promoting the commercialisation and sustainable development of hydrogen energy. multiple dimensions including technology operations
testing and evaluation for the future demonstration and
wider deployment of fuel cell combined heat and power.
9-3-1 Innovation Project Management
Drawing on its long-term innovation expertise in the fuel cell sector SinoHytec proactively advances technological innovation in hydrogen energy
promoting the commercialisation and sustainable development of hydrogen energy.Case ?180kW to 400kW – A New-generation Gen4 Stack
During the Report ing Per iod Shenl i Technology
launched a newgeneration Gen4 high-power flexible
expanded graphite stack. This stack delivers broad ? ?
? ?
? ? power coverage from 180kW to 400kW overcoming
the key technical bottlenecks in the industrialisation of
high-power graphite plate stacks and providing tailored
flexible solutions for heavy-duty transport construction
machinery and megawatt-c lass hydrogen energy
? ? - ?? ?? ?
storage power stations.?
??
? ?? ? ? ? ?
?
?
? ?
51 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 52About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
9-3-2 Building a Hydrogen Energy Ecosystem
Building on many years of accumulated R&D experience and the continuous strengthening of its innovation
capabilities SinoHytec driven by the dual engines of independent innovation and cross-sector collaboration has
widely applied its innovative achievements across various sectors of society thereby accelerating the creation of
a green and sustainable future society.Case ? The Beijing-Tianjin-Hebei Hydrogen Energy Industry Chain Working in
Concert to Build a National Highland for Hydrogen Energy Innovation
Pursuant to the Action Plan for the Coordinated Development of Energy in the Beijing- established a regional coordination model and as a leading enterprise advanced the
Tianjin-Hebei Region the Beijing-Tianjin-Hebei region has established a comprehensive coordinated and green development of the hydrogen energy industry across the three
hydrogen energy industry chain network encompassing hydrogen production storage regions. In addition coordinated regional development has significantly enhanced the
transportation refuelling and application. As a leading enterprise in the hydrogen energy autonomy of the industrial chain. We have focused on the localisation of the hydrogen
sector SinoHytec has collaborated with major universities enterprises and other cross- fuel cell system achieving independent research and development and domestic
sector partners to establish technical taskforce teams thereby promoting joint innovation substitution of core components such as air compressors gas circulation pumps and water
in hydrogen energy technologies and their demonstration applications. pumps thereby breaking foreign technological monopolies.The Company has adopted a “1+2+1+N” industrial layout in which “1” refers to SinoHytec’s At the same time we have strategically deployed integrated utilisation projects for
headquarters; “2” refers to the Company’s two plants responsible for the research and renewable energy and hydrogen energy building a complete hydrogen energy and
development testing and manufacturing of hydrogen fuel cell engines; the other “1” refers hydrogen fuel industry chain including wind/solar power generation and hydrogen
to SinoHytec Power the production and manufacturing base for fuel cells; and “N” refers production storage transportation refuelling and utilisation; through Green Electricity +
to the Company ’s investment outcomes and technology research development and Green Hydrogen + Green Ammonia the Company is developing a zero-carbon industrial
incubation achievements in the Beijing-Tianjin-Hebei region. By leveraging Beijing ’s park leveraging abundant renewable energy as the primary source of power and
research and development resources and the green energy of Zhangjiakou Hebei we integrating hydrogen energy applications to provide green and sustainable support forhave through the approach of “using electricity to support hydrogen using hydrogen to sectors including transport metallurgy chemicals and energy storage.promote production hydrogen-electricity coordination and leapfrog development”
Schematic Diagram of the “Hebei Zhangjiakou-Chengde-Tangshan Hydrogen Energy Regional Pilot”
As a core participant in this regional pilot the two major sub-projects undertaken by SinoHytec have both been
included in the first batch of national demonstration project lists with implementation periods spanning 2025 to
2028. In addition as the lead enterprise of the Tangshan demonstration city cluster Tangshan Qianchen
successfully applied for the second-year incentive for the demonstration application of fuel cell vehicles in
Tangshan.Establishment of the Hebei Province Hydrogen Energy Industry Innovation Establishment of the Consortium for the Renewable Energy Green Electricity
Consortium and Green Hydrogen Supply System
Pilot Project for 52 MPa
Aluminium-Lined Carbon Fibre- Zhangjiakou Pilot Project for Long-
Wrapped Tube Trailer Container Duration High-Efficiency Operation of
Hydrogen Storage and Hydrogen Energy Storage
Transportation Equipment
To reduce this critical cost in the hydrogen energy storage and The project aims to verify the economic viability and reliability
transportation segment the Company has undertaken a pilot of hydrogen energy storage as a long-duration energy storage
pro ject for h igh-pressure s torage and t ransportat ion technology. Leveraging the existing infrastructure the project
equipment. The 52 MPa carbon-fibre-wrapped cylinder bundle has deployed an a lka l ine water e lectro lys is hydrogen
Signing of a Tripartite Strategic Cooperation Agreement Signing of a Cooperation Agreement on Matters Relating to the container with an aluminium liner developed under this project production and purification system (with hydrogen purity
Development of the Integrated Wind Power and Hydrogen Industry adopts a lightweight design reducing total weight by 12%. reaching 99.999%) together with high-pressure hydrogenThrough regional collaboration the “Hebei Zhangjiakou-Chengde- contributing corporate expertise to the development of the During the Reporting Period this equipment was used to carry storage tanks capable of supporting the continuous and stableTangshan Hydrogen Energy Regional Pilot” converts the abundant “Beijing- Tianjin-Hebei Hydrogen Energy Corridor”. By out a road transport demonstration in the Zhangjiakou area operation of a 1 MW hydrogen power generation system for
renewable energy resources of Zhangjiakou and Chengde into green participating in such cross-regional large-scale and completing a total of 12 transport tests each involving a one- more than 9 hours. As at the end of the Reporting Period the
hydrogen and delivers it to industrial offtakers in Tangshan and other systematic demonstration projects SinoHytec is able to way distance of more than 150 kilometres. Empirical data project had successfully completed the completion acceptance
locations through Infrastructure such as the planned Kangbao- accelerate the large-scale validation and iteration of core show that its average transport loss rate was maintained procedures for the hydrogen production and hydrogen storage
Caofeidian hydrogen transmission pipeline thereby forming a complete technologies across d iverse appl i cat ion scenar ios within 1.2%. Calculations indicate that compared with components with the equipment commissioning pass ratefull-value-chain demonstration. effectively facilitate cost reductions throughout the entire conventional 20 MPa equipment this technology can reduce reaching 100% and is scheduled to enter the full “electricity-industry chain and enhance operational efficiency whileDuring the Reporting Period SinoHytec was deeply aligning its corporate strategy with the national hydrogen the cost of hydrogen road transport from approximately hydrogen-electricity” scenario demonstration operation phase
involved in this national-level flagship project and energy development blueprint and putting into practice an RMB6/kg per 100 kilometres to approximately RMB3/kg per in 2026.leveraging its leading technological strengths and ESG philosophy of fostering the joint development of the 100 kilometres representing an approximately 50% reduction
extensive industrialisation experience played a pivotal industrial ecosystem through governmententerprise in freight cost per kilogram of hydrogen.role with the aim of deeply integrating its technological collaboration.capabilities with regional resource endowments and
53 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 54About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
10 Industrial Cooperation and Development
Case ? Development of the China–ASEAN Hydrogen Energy Industry Base
In recent years Baise has proactively expanded into new tracks for the hydrogen energy equipment in Guangxi. Phase I of our engine Governance
development of the green energy industry vigorously promoting the production line has an annual production capacity of 2000 units The Company coordinates all external exchanges and strategic cooperation activities which are managed on a part-time basis by a dedicated internal
clustered development of the hydrogen energy industry and energy primarily manufacturing 80kW–240kW hydrogen fuel cell engines for 10-1 department. The remit fully encompasses the preparation of industry research reports interpretation and analysis of industrial policies application and ongoing
electronics industries such as battery cells. Together with 24 corporate application across passenger vehicles cold-chain logistics vehicles maintenance of honour awards and core qualifications dissemination of brand value participation in industry association affairs and numerous other relatedpartners we jointly launched the development of the “China–ASEAN hydrogen energy heavy-duty trucks and other vehicle types. Looking tasks.Hydrogen Energy Industry Base”. During the Reporting Period the first ahead we will further expand our production capacity with annual Within the Company's overall ESG governance framework this function serves as a vital bridge for internal -external connectivity and collaborative
hydrogen fuel cell engine at the production base we invested in and output of hydrogen fuel cell engines reaching 10000 units thereby empowerment. On the one hand by leveraging in-depth policy interpretation joint development of industry standards and industrial exchange and
built in Baise Guangxi was successfully rolled off the production line making greater contributions to the development of the hydrogen collaboration it accurately assesses external ESG development requirements and industry trends thereby providing robust support for informed decision-making
marking a ‘zero-to-one’ breakthrough in the manufacturing of key energy industry in Guangxi and across the ASEAN region. by the Board of Directors the Strategy Committee and the ESG Committee. On the other hand through routine coordination of qualification certifications
honour management and related activities it fully showcases the Company's core technological capabilities and sustainable development achievements to
external stakeholders continuously strengthening and elevating the enterprise's image of green responsibility and its leading position within the industry.Strategy
10-2 SinoHytec adheres to a sustainability-oriented approach to collaboration and upholds the philosophy of "openness and sharing green coordination and shared
responsibility". It actively participates in the work of industry organisations regularly attends major industry exchange events and engages in in-depth
cooperation with leading universities research institutes and industry partners continuously advancing the high-quality transformation of the industry and
innovation in green and low-carbon technologies.Impact Risk and Opportunity
Event Marking the Roll-off of the First Engine 10-3 Management
10-3-1 Advancing Standards Development
Focusing on the hydrogen fuel cell segment and drawing on our extensive technological
Metrics and Targets expertise we participated in the formulation of two national standards: GB/T 31036-2025
Proton Exchange Membrane Fuel Cell Backup Power Systems – Safety and GB/T 20042.5-2024
9-4 Following years of development SinoHytec has established a leading position in terms of market Proton Exchange Membrane Fuel Cell – Part 5: Test Method for Membrane Electrode Assembly. The implementation of these two new standards has strengthened fuel cell risk assessment and
share the number of fuel cell vehicle models listed in official announcements and the number emergency response mechanisms introduced enhanced requirements for system stability under
of vehicle manufacturer partnerships. extreme environmental conditions and optimised safety protection measures thereby
improving overall reliability and environmental adaptability. It also filled the gap in the previous Leading the development of
version in relation to life assessment improved the consistency of performance evaluation
During the Reporting Period we Project Name Project Level Role standards across the industry and responded to the fuel cell industry's need for higher industry standards
were advancing a total of 8 science Design and Integration of a Single-Unit Megawatt-Class Proton performance indicators.and technology projects at the National Level Project LeadExchange Membrane Fuel Cell Combined Heat and Power System
national provincial or ministerial
a n d l o c a l l e v e l s i n c l u d i n g 3 Pilot Demonstration Project for Hydrogen Energy Projects in the
n a t i o n a l - l e v e l s c i e n c e a n d Energy Sector – Pilot Project for 52MPa Aluminium-Lined Carbon National Level Lead
Fibre-Wrapped Cylinder Hydrogen Tube Bundle Container Storage
technology projects 3 provincial or and Transportation Equipment
m i n i s t e r i a l - l e v e l s c i e n c e a n d
technology projects and 2 local- Pilot Hydrogen Energy Project in the Energy Sector – Zhangjiakou Two national
l e v e l s c i e n c e a n d t e c h n o l o g y Long-Duration High-Efficiency Hydrogen Energy Storage Operation National Level Lead standards in the
p r o j e c t s . T h e C o m p a n y h a s Project formulation of which
c u m u l a t i v e l y u n d e r t a k e n 4 8 Development and Vehicle Application of a Fuel Cell System Suitable SinoHytec
research projects at the national Provincial and for Low-Pressure Input from an On-Board Liquid Hydrogen Storage Project Lead
Ministerial Level
and provincial or ministerial levels and Supply System participated in 2025
including 24 national-level research Research and Development of Key Technologies for an Off-Grid
projects. Provincial and Hybrid Hydrogen Production and Energy Storage System and Its Participant
Ministerial Level
Industrialisation Demonstration
Research and Development of High-Performance Fuel Cell Engine Provincial and
Participant
Integration Technology and Its Industrialised Application Ministerial Level
55 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 56About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
10-3-2 Industry Participation and Exchange
As of the end of the Reporting Period the Company had
joined 19 domestic and international industry associations
working together with member organisations and partner
institutions to promote shared development. We took the
lead in formulating the Construction Standards for Hebei
Province Hydrogen Energy Industrial Parks organised 3
industry seminars (with 86 participating enterprises in
aggregate) and faci l itated the establishment of 5
supporting enterprises in the Zhangjiakou Hydrogen
Energy Industrial Park thereby sharing the outcomes of
technological innovation.Serial
No. Name Link
1 Zhongguancun Hydrogen Energy and Fuel Cell Technology Innovation Chairman Member
Industrial Alliance
2 Fuel Cell Branch of the China Electrical Equipment Industry Association Vice-chairman Member
3 Listed Companies Committee of the China Association of Automobile Vice-chairman Member
Manufacturers 氢能及燃料电
Zhongguancun Forum 池汽车产业高质量发展大会
4 China EV100 Initiating Member
2025 Energy Transition Conference
5 Zibo Hydrogen Energy Industry Technology Innovation Strategic Initiating Member
Alliance
6 International Hydrogen Energy Fuel Cell Association E x e c u t i v e C o u n c i l
Member
7 Zhongguancun Beijing-Tianjin-Hebei New Energy Vehicle Collaborative Council Member
Development Promotion Association
8 C l e a n E n e r g y V e h i c l e s a n d V e s s e l s B r a n c h o f t h e C h i n a Council Member
Communications and Transportation Association
9 China Hydrogen Alliance Council Member
10 China Automotive Chip Industry Innovation Strategic Alliance Council Member
The 22nd China-ASEAN Expo Future Intelligence: Dialogue on the New Energy Conference on the High-Quality Development of the
11 Beijing-Tianjin-Hebei Entrepreneurs Alliance Council Member
Intelligent Vehicle Industry Hydrogen Energy and Fuel Cell Vehicle Industry
12 Hebei Hydrogen Energy Society Chairman Organisation
13 Zhongguancun Convention and Exhibition and Services Industry Member Organisation
Alliance
14 Beijing Software and Information Services Industry Association Member Organisation
15 Zhongguancun Enterprise Credit Promotion Association Member Organisation
16 Hebei New Energy Vehicle Industry Alliance Member Organisation
17 Chengdu Green Intelligent Connected Vehicle Industry Ecosystem Member Organisation
Alliance
18 Zhangjiakou Energy Industry Development Association Member Organisation
19 Hydrogen Energy Society of China Member Organisation The 13th Energy Storage International Summit 2025 Taiyuan Forum on Low-Carbon Energy Development
and Exhibition (ESIE2025)
57 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 58About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Metrics and Targets 12 Product Safety and Quality
10-4 Selected national standard development projects in which the Company participated:
Standard Governance
Standard Name Category Role
Reversible-Mode Fuel Cell Modules for Energy Storage Systems – Part 2: Performance Test 12-1 SinoHytec has established a Quality Assurance Department which is responsible for the
National Standard Participant
Methods for Reversible-Mode Proton Exchange Membrane Single Cells and Stacks Company’s quality management product quality control and the corresponding handling of
Reversible-Mode Fuel Cell Modules for Energy Storage Systems – Part 3: Performance Test market quality issues.National Standard Participant
Methods for Electrical Energy Storage Systems
Proton Exchange Membrane Fuel Cell – Part 6: Test Methods for Bipolar Plate Characteristics National Standard Participant Quality management Quality control
General Requirements for Hydrogen Refuelling Stations National Standard Participant
In line with the Company’s business layout organisational structure and systematically review the list of quality issues arising during new product
Safety Requirements for Fuel Cell Electric Vehicles Following a Collision National Standard Participant functional adjustments the Company organised the optimisation and development and mass production establish a database of quality
revision of quality system documents and related process documentation. control experience and lessons learned and provide support for quality
prevention and quality improvement; formulate a multi-skilled workforce
As at the end of the Reporting Period SinoHytec had participated in the formulation and revision development plan implement job rotation training for product
of 86 standards including 41 national standards 8 industry and local standards and 37 group Quality issue management inspect ion personne l enab le inspect ion personne l to ga in a
standards. comprehensive understanding of the key elements of product quality
in response to quality issues establish a rapid response mechanism for control and enhance the overall standard of product quality control;
11 Intellectual Property Protection example by collecting fault issues that are more prominently reflected by the market through regular qual ity meetings and implementing plan quality control across the entire product life cycle from incoming
corresponding corrective measures. Based on monthly statistical data all raw material inspection first– and last-piece inspection of assembly
We strictly comply with domestic and international laws and regulations relating to intellectual property including the Patent Law of the People's quality issues are coordinated and monitored and quality risk early quality and product performance testing and verification to finished
Republic of China the Copyright Law of the People's Republic of China relevant international conventions and the laws of major market warnings are issued. product pre-shipment inspection so as to ensure a 100% pass rate in
countries. While actively safeguarding our own intellectual property rights we fully respect the intellectual property rights of others. The Company product inspections.has established an efficient intellectual property management system covering patent rights and software copyrights and attaches great
importance to the international filing and registration of intellectual property thereby laying a legal foundation for its international development. Strategy
This is intended to encourage invention and innovation and to promote the dissemination and application of scientific and technological
achievements. SinoHytec regards product quality and safety as a core strategic pillar for maintaining customer 12-2 trust and responding to industry challenges. We have formulated a quality management strategyThe Company attaches great importance to intellectual property management and has established a series of policies and systems including the of “transforming quality assurance into quality prevention and pursuingAdministrative Measures for Intellectual Property the Administrative Measures for Incentives for Intellectual Property and Paper Publication and excellence in quality performance” and conduct self-assessments of the maturity of our
the Administrative Measures for Patent Applications comprehensively standardising the Company's intellectual property management including internal quality management system to ensure its continuous and effective operation.the creation protection and application of intellectual property achieving end-to-end planning and protection across the entire intellectual
property chain accumulating intellectual property through innovation and protecting and promoting innovation through intellectual property. Impact Risk and Opportunity Management
During the Reporting Period，the Company obtained a total of 138 new intellectual property rights including 114 12-3-1 Quality Management Systeminvention patents 17 utility model patents and 7 software copyrights. As of the end of the Reporting Period SinoHytec 12-3 SinoHytec has established and continuously improved the Company’s quality management
had cumulatively obtained 1327 intellectual property rights including 390 invention patents 789 utility model patents system in accordance with standards including IATF 16949 and ISO 9001. As at the end of
25 design patents and 123 software copyrights. the Reporting Period the Company maintained the validity of the relevant
quality certifications.Invention patents
obtained by
SinoHytec in 2025
(selected)
Selected Quality (Management System) Certification Certificates
59 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 60About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
12-3-2 Quality Control 12-3-3 Manufacturing SystemWe remain committed to strengthening fundamentals and execution and to fostering a quality culture across our production sites in which “there are rules to follow SinoHytec's manufacturing system has established a comprehensive closed-loop management framework includingrules must be followed and everyone is accountable”. In accordance with the Company’s quality management system documentation we inspect product quality order acceptance order review materials procurement production management shopfloor management health
characteristics at each stage of production activities including incoming materials manufacturing processes finished products and shipments. To provide robust safety and environmental management as well as personnel training process documentation process control
procedures process development procedures equipment management and fixed-asset management. The oversight
support for overseas product deployment and international market expansion the Company continues to align its quality management system with international
mechanism for the manufacturing decision-making process operates through multiple layers of review and cross-
standards and the requirements of target markets thereby ensuring that relevant materials and products comply with applicable standards. checking ultimately producing executable outcomes and ensuring that the production process is efficient and
compliant.Key characteristics of During the production process we implement real-time monitoring throughout the entire process: incoming
our products Long life and durability materials are subject to incoming parts inspection to control quality and ensure that externally sourced parts meet
requirements; at the manufacturing site self-inspection and cross-inspection are carried out and the Manufacturing
Safety and stability: the fuel cell engine adopts proprietary integration Long life and durability: online AC impedance detection technology for single Execution System (MES) is used to monitor parameters in real time (such as bolt tightening torque). The system
technology to achieve highly efficient coordinated control of core cells and a multi-stage adaptive consistency purging strategy have been analyses anomalies and where necessary requires line stoppage to prevent the spread of defects; upon completion
elements such as gas air water heat and electricity thereby improving developed achieving breakthroughs in low-temperature performance. During of semi-finished products performance testing is conducted; after finished products are packaged verification is
system reliability and stability. Specifically the stack uses flexible graphite laboratory testing of the engine self-start without external heating was
plates resistant to high-temperature shock and has passed 129 stack tests conducted again to confirm that they meet end-customer requirements. In addition we have established systems achieved at -40o C and in accordance with the GB/T 33979 standard the time
covering wide-threshold operation high reliability and high durability; the from start-up to rated power was 124 seconds. The fuel cell vehicle passed -30o such as the Management of Monitoring and Measuring Equipment to further ensure the stability and reliability of
hydrogen injector adopts a micro-/nano-scale high-hardness wear- C cold-start verification in the Yakeshi region. the production process. We regularly conduct third-party calibration of monitoring and measuring equipment and
resistant coating and a nozzle resistant to high pressure high flow rates Measurement System Analysis (MSA) and through the implementation of routine inspections maintenance and
and high temperatures; the air compressor adopts high-strength servicing ensure the soundness and accuracy of the Company's monitoring and measurement systems.components has been designed and developed for 300000 start-stop
cycles and has passed a 30000-hour durability test; the fuel cell system Environmental adaptability 12-3-4 Lean Talent Development
has undergone rigorous safety testing and validation and demonstrates
high reliability; the system is equipped with functions including automatic Environmental adaptability: we have established a durability optimisation
During the Reporting Period we carried out production-line talent training tailored to different job categories
diagnosis and identification of the operating status of engine components architecture for electro-mechanical-gas-thermal-chemical coupled systems
building a multi-tiered talent matrix.intelligent prediction of stack health status and online performance thereby comprehensively extending product service life.recovery. * For technical workers training began with fuel cell assembly and testing and was extended to include
knowledge of electrolysers stacks and combined heat and power;
* For engineers/management personnel training focuses on lean production digitalisation and smart factories
We have established the Non-conforming Product Control procedure to analyse the causes of non-conforming products identified during inspections at each stage of the process and to covering topics such as Python programming simulation design and PLC modelling identification and
implement corrective and preventive measures in respect of major and repeated non-conformities thereby continuously improving the quality of the Company's products through ongoing programming with application on the production floor.improvement. We classify non-conforming products into four levels according to severity. This classification is based on an assessment of dimensions including safety and regulatory impact impact
on end customers impact on subsequent processes and production takt time impact on appearance performance quality and complaints and losses incurred by the Company.Metrics and Targets
Impact on
Impact on safety downstream Impact on appearance 12-4 During the Reporting Period the Company did not experience any incidents
and regulatory processes and performance quality involving the recall of products sold for safety reasons nor were any Grade I or
Level Severity compliance Impact on end customers production takt time and complaints Loss to the Company
Grade II non-conforming products identified.Level 1 Extremely Affects safety or is 100% impact on service life Severely affects Customers will definitely Causes substantial
severe non-compliant with production takt time or identify it and submit losses to the Company
laws and regulations results in production complaints
stoppage
Level 2 Severe Not applicable May affect service life or lead Relatively significant Customers may detect the Product costs increase
to a significant decline in key impact on production issue or may lodge a significantly (by 5%-
performance or loss of cadence complaint 20%)
important functions
Level 3 General Not applicable No impact on service life but Causes a slight impact on Customers may detect the Does not result in a
minor functions may be lost or production cadence issue but will not lodge a significant increase in
degraded complaint costs (≤5%)
Level 4 Minor Not applicable No impact No impact Will not be detected by No impact
customers
This classification is applied in the non-conforming product disposition process. Level 1 and Level 2 issues require approval by senior management to ensure that safety risks are minimised; Level 3
and Level 4 issues are handled by frontline personnel with emphasis on rapid response. Through this mechanism the Company ensures the effective segregation analysis and disposal of non-
conforming products thereby supporting the continuous improvement of product quality. Where a product involves non-conformity in safety and quality characteristics the issue is automatically
classified as Severity Level 1 and escalated level by level for handling including the identification and assessment of affected end products in order to determine the appropriate disposal method
and the corrective actions required to be implemented.
61 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 62About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
13 Quality of Customer Service Impact Risk and Opportunity Management
13-3 13-3-1 Service Team Development
Governance We have established a qualification certification mechanism for hydrogen fuel cell practitioners and through personnel training and regular
assessments developed a sound evaluation and review system for service organisations/personnel. The assessment adopts an evaluation system
13-1 SinoHytec upholds the philosophy of “putting customers at the centre and creating maximum value for combining quantitative and qualitative measures with a primary focus on dimensions including on-site maintenance service stationcustomers” and regards meeting customer needs as its objective. The Company has established an After-sales Service maintenance product maintenance customer relations service network visits maintenance skills and capability enhancement. The evaluation
Department as a dedicated department responsible for the full-process management of in-sales and after-sales support emphasises the timeliness of service response the efficiency of issue resolution and customer satisfaction and is intended to further enhance
comprising three principal modules: service assurance technical support and parts management: our service standards. As at the end of the Reporting Period the Company had completed the assessment and certification
of service organisations/personnel in the Beijing Zibo Zhengzhou Zhangjiakou Chengdu and Tangshan regions.Service assurance Technical support Parts management On-time closure Fault support First-time pass An employee
on-site services (in-process services during responding to technical issues arising covering spare parts warehousing order
the vehicle assembly stage and after-sales effectiveness rate for work training pass rate during operation and converting technical fulfilment dispatch sales and the management rate for service
services upon vehicle delivery) as well as documentation for new products; of a three-tier warehouse system comprising requests
the communicat ion and handl ing of ≥90% was orders ≥85% of >80% was the central warehouse regional warehouses
internal tasks; and on-site warehouses. ≥95% was achieved was achieved achieved
Through specialised functional division qualification management and assessment mechanisms the After-sales Service Department ensures the achieved
professionalism standardisation and efficiency of service governance.Strategy
13-2 Using the “Fuel Cell Vehicle City Demonstration Clusters” as a pivot we continue to improve and deepen the
development of the customer service system across the pre-sales in-sales and after-sales stages. By assessing multiple
dimensions including economic scale supporting industrial infrastructure and energy structure the Company has
established a nationwide customer service network while actively exploring new business models and opportunities in
the hydrogen energy and fuel cell markets to further strengthen its overall competitiveness.Our comprehensive customer service includes:
Maintenance Technical Training
Customer complaint
Service response Customised service handling 13-3-2 Customer Satisfaction
providing 365-day 7x24-hour round-the- assigning a dedicated service manager to dedicated complaint channels have been established We conduct at least one customer satisfaction survey each year and taking
clock service with a 15-minute response each user and a dedicated service engineer including telephone email and online customer service. into account different application scenarios adopt a combination of
time for on-site issues. to each service unit. Upon receipt of a customer complaint the Company will questionnaires telephone follow-up calls and online evaluations for OEMs
accept the case and respond to the customer within 15 and end customers to understand their satisfaction with our products and
minutes informing them of the handling progress. For services as well as their comments and suggestions. Based on the survey
straightforward complaints resolution will be provided results we internally circulate the survey findings and survey report analyse
and feedback given to the customer within 24 hours; for
issues identified in service delivery and formulate improvement measures.complex complaints a dedicated task force is established
to provide a solution within 7 working days and to
maintain follow-up until the customer is satisfied. The High-quality customer service creates a positive customer experience and
Company adheres to a no buck-passing principle. For SinoHytec has received extensive recognition and favourable reviews from
confirmed product quality issues it does not shirk customers. During the Report ing Per iod we received a letter of
responsibil ity and immediately arranges for the appreciation from Beijing Foton AUV New Energy Automobile Co. Ltd.replacement with brand-new products ensuring that the which emphasised the professionalism and strong sense of responsibility
customer's business operations are not interrupted. demonstrated by the Company’s team and recognised our ability to provide
robust support under tight timelines and heavy workloads including spare Customer Letter of Honorary Silk Banner
parts inventory vehicle health inspections and on-site service support. This Appreciation Presented by a Customer
During the Reporting Period we received a total of 1 customer complaint which through sincere communication with the customer and reflects the effectiveness of SinoHytec’s customer service system and further
validates the Company’s customer-centric philosophy.appropriate handling was properly resolved and closed.
63 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 64About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Metrics and Targets 14 Responsible Marketing
13-4 As at the end of the Reporting Period the Company’s service network covered SinoHytec is committed to transparent and accurate information disclosure ensuring that its marketing activities comply with
all provinces (autonomous regions and municipalities directly under the central applicable laws regulations and industry standards and avoiding exaggerated claims or misleading customers. The Company
government) with a total of 64 self-operated and partner service outlets and strictly complies with the Advertising Law of the People's Republic of China and other relevant laws and regulations. In
an in-house professional service team comprising 31 personnel. promoting hydrogen fuel cell products it emphasises actual product performance safety requirements and accurate
information supports customers in making well-informed decisions and promotes the healthy development of the hydrogen
energy industry.We provide users with detailed guidance through product user manuals to ensure that customers use and maintain products safely. The content
includes:
Disclosing accurate product I n f o r m i n g u s e r s o f s a f e t y P r o v i d i n g g u i d a n c e o n
specifications and technical precautions and risks including m a i n t e n a n c e a n d l i f e c y c l e
parameters to help customers h i g h t e m p e r a t u r e s h i g h s u p p o r t t o a v o i d w a s t e o r
assess practical applications; pressure hydrogen safety and environmental impacts caused
chemical hazards; by improper operation.In addition we regularly update and continuously revise the user manual and update performance parameters and hydrogen-related standards
from time to time in accordance with national and industry laws and regulations so as to ensure the validity of the information and support
customers in creating long-term value.
15 Data Security and Privacy Protection
SinoHytec attaches great importance to information security for both the Company and its customers and strictly complies with
the Cybersecurity Law of the People's Republic of China the Data Security Law of the People's Republic of China the Personal
Information Protection Law of the People's Republic of China and other applicable laws and regulations while systematically
advancing the development of its information security management system. The Company adopts a multi-dimensional strategy
integrating institutional rules and procedures technical safeguards and cultural development in order to comprehensively guide
and regulate information security-related conduct. During the Reporting Period the Company achieved its“ double-zero ”
objectives of zero major data security incidents and zero substantiated customer privacy complaints.Development of Information Security Culture
SinoHytec is committed to fostering an information security culture system with the participation of all employees and
15-1 regularly organises company-wide information security training to provide strong support for the Company’s information
security efforts. New employees are incorporated into the information security training process upon joining the
Company and an induction handbook is provided setting out the relevant content in detail; At the same time
information security reference materials are uploaded to Huatong Academy for employees to access and study at any
time thereby enhancing information security awareness among all staff encouraging the proactive prevention of risks
and fostering a cultural atmosphere in which “everyone is responsible”.SinoHytec Service Network Coverage Map
During the Reporting Period we conducted the annual customer satisfaction
survey using electronic questionnaires collecting a total of 45 questionnaires
from OEM customers and 112 questionnaires from end customers. The survey
results showed that customer satisfaction among OEM customers was 88.23
points customer satisfaction among end customers was 87.48 points and the
final customer satisfaction score was 88 points all of which achieved the annual
target.
65 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 66About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Information Security Management 03｜U pholding Responsibility Across the Value
SinoHytec has established a sound information security management system and formulated a series of policies including the
15-2 Information Security Management Standards Information Security Emergency Response Mechanism Provisions on the Secure
Management of Electronic Documents and IT Account and Access Rights Management Standards to provide comprehensive Chain * Harnessing Collective Strength
protection for core information assets such as business systems customer order contact information and internal working
documents. for Shared Growth
The Company follows the principles of hierarchical and classified data management adopting corresponding management
measures and technical safeguards according to the importance and sensitivity of the data. At the same time it has established 16 Supply Chain Security
systematic emergency response plans and a Business Continuity Plan (BCP) to respond effectively to potential information
security incidents and ensure the uninterrupted continuity of critical business operations.To prevent cyber-attacks and data leakage the Company has deployed network hardware firewalls to achieve both physical Governance
and logical separation of its internal network office network and workshop network and conducts daily monitoring and SinoHytec has established internal policies such as Supplier Management Supplier Development
interception of anomalous attacks. Employees’ devices are equipped with anti-virus software and the corporate email system 16-1 Management and Basic Requirements for Supplier Cooperation thereby forming a supply chain
includes built-in protective functions; files to be shared externally must either be approved for decryption or accessed through a management system covering the entire process including supplier access application review
dedicated reader with restricted permissions. During the Reporting Period the Company extended its data encryption system to performance management and exit so as to ensure that suppliers comply with laws and
all employees further strengthening its protective measures and no information security incidents or data compliance issues regulations in areas such as environmental protection social responsibility and corporate
were identified. governance and to mitigate supply chain risks. The Company's Procurement Department is
responsible for managing procurement orders and supplier development across the group
Information security management measures including the group's procurement needs procurement costs contract and order management
as well as full-lifecycle management including supplier sourcing review designation access
All employees performance.use an electronic Secure and reliable Addition of
document encryption Firewall deployment data backup platform blacklisted IPs
system Strategy
files drawings code and other network hardware firewalls were a mult i - s i te d isaster recovery a c u m u l a t i v e t o t a l o f 1 4 1 At the strategic level the Company incorporates supply chain management into its sustainable
d o c u m e n t s g e n e r a t e d o n deployed cyber attacks were backup system was established to blackl i s ted IPs were manual ly 16-2
C o m p a n y c o m p u t e r s a r e development strategy. Through the Procurement Department it co-ordinates the group’s monitored on a daily basis and b a c k u p t h e C o m p a n y ' s a d d e d t o t h e C o m p a n y ' s
automatically encrypted. Where requirements annual cost-reduction targets supply chain stability assurance prioritisation of abnormal attacks were addressed information systems and data. In perimeter firewall 310 severe-
f i l e s need to be t r ans fe r red p r o m p t l y t h r o u g h m a n u a l 2025 a cumu la t i v e to ta l o f l e v e l c y b e r a t t a c k s w e r e production needs and risk control measures thereby ensuring supply chain resilience and cost
externally a decryption approval
p ro ce s s mus t be subm i t t ed . intervention. 11067 successful data backups intercepted throughout the year
competitiveness. Going forward the Company plans to enhance procurement personnel’s
w e r e c o m p l e t e d a n d d a t a and no successful attacks were awareness through ESG training integrate ESG into codes of conduct procurement contracts Externally transmitted files can be
r e a d n o r m a l l y o n l y a f t e r recovery was carried out 96 times identified. and supplier onboarding review forms continuously improve supply chain efficiency and
decrypt ion approval has been in total. sustainability promote the green and compliant development of the supply chain and create
g ran ted t he r eby e f f e c t i v e l y long-term value for the Company the supply chain and society.safeguarding data security.Privacy Protection Impact Risk and Opportunity Management
SinoHytec strictly complies with the Personal Information Protection Law. All employees of the Company sign a Commercial 16-3 16-3-1 Supplier Admission
15-3 Confidentiality and Non-Compete Agreement upon joining to ensure that information relating to customers suppliers and SinoHytec applies stringent and standardised management procedures to supplier admission to
other relevant stakeholders is not disclosed. The Company maintains a zero-tolerance approach towards violations. We ensure ensure stable supply chain quality and alignment with the Company’s sustainable development
that they understand the importance of data protection as well as the Company’s policies and procedures while enhancing requirements. Prior to supplier admission prospective suppliers are required in accordance with
awareness of data protection and privacy and establishing internal monitoring mechanisms to ensure that data is not accessed the Basic Requirements for Supplier Cooperation to submit complete documentation including
or misused by unauthorised persons. a supplier information questionnaire business licence and management system certificates and
to undergo preliminary qualification and compliance due diligence. The requirements also clearly
The Company applies data masking to sensitive information (such as mobile phone numbers identity card numbers and bank stipulate matters including integrity requirements delivery specifications and performance
card numbers) and ensures data security through graded role-based system access controls. As customer data and information assessment standards. Key and important suppliers are further required to undergo a
constitute important commercial information of the Company the Company has also established strict customer information comprehensive admission review including both on-site audits and document reviews.confidentiality requirements under the Sales Information Security Operation Manual which clearly set out the authorised scope
of access to customer data and information and the relevant confidentiality requirements. The Company imposes disciplinary During the onboarding process for all suppliers environment- and social responsibility-related
measures on personnel who breach the confidentiality regulations commensurate with the seriousness of the circumstances. assessment criteria account for approximately 5% of the overall weighting covering areas such
We collect and use only the necessary customer information and ensure that customers' consent is obtained. as the storage of hazardous chemicals and waste management occupational health and safety
and labour and human rights. Specific indicators include the establishment of an environmental
During the Reporting Period the Company did not receive any material incidents relating to consumer factors inventory the frequency of safety hazard inspections and verification of minimum wage
data and privacy breaches. standards.
67 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 68About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
16-3-2 Supplier Audits and Assessments 04｜E mployee Development * Lush Woodlands
Following supplier onboarding SinoHytec has established a dynamic audit and performance
evaluation mechanism and conducts ongoing supervision and due diligence.Ongoing 17 Protection of Employee Rights and Interests
monitoring of social
Regular audits Performance assessment and environmental SinoHytec has consistently upheld the core philosophy of“ people-oriented development” and strictly responsibilities
in pr inc iple annual on-s i te and supplier performance assessments are during commercial audits and day-to- complied with the Labour Law of the People ’s Republic of China the Labour Contract Law of the
document-based audits are conducted conducted quarterly covering four key day cooperation continued attention is People ’s Republic of China the International Labour Organization Declaration on Fundamental
for key suppliers. If a supplier’s quality modu le s : qua l i t y pe r fo rmance paid to suppliers’ labour rights human Principles and Rights at Work and other applicable domestic and international laws regulations and
performance or level of co-operation in commercial performance technical r ights occupational health and international conventions. The Company has established and implements internal policies such as the
the previous year was unsatisfactory or p e r f o r m a n c e a n d a f t e r - s a l e s environmental compliance as part of
if it has not undergone an audit for 2-3 performance. The assessments use ongoing due diligence. Human Resources Management System continues to listen to employees ’ concerns continuously
consecutive years it will be prioritised for quantitative indicators for more than improves working conditions fosters a fair and inclusive environment and is firmly committed to
inclusion in that year’s audit plan. The 70% o f t h e c r i t e r i a e n s u r i n g safeguarding employees’ fundamental human rights.audit list is jointly determined by the objectivity and fairness.Procurement Department the Technical
Department and the Quality Assurance The Company attaches great importance to protecting employees’ lawful rights and interests has established a
Department. In 2025 following a sound system for safeguarding employee rights and interests and ensures that all business operations values and
comprehensive assessment conducted brand development are founded on respect for human rights. All employees join the Company voluntarily and the
jointly with the R&D Department and the Company never uses any form of coercion deception debt bondage or other means to impose forced labour.Quality Assurance Department no
Employees have the right to leave freely in accordance with their employment contracts and the Company does not
comprehensive annual audit was
undertaken. restrict their freedom to resign by withholding identity documents delaying wage payments or through any other
means. At the same time the Company implements a stringent anti-harassment policy and maintains zero tolerance
for any form of harassment including but not limited to sexual harassment verbal harassment physical harassment
16-3-3 Supplier Classification Management and psychological harassment thereby effectively safeguarding employees’ personal dignity and physical and mental
SinoHytec applies graded supplier management and a dynamic phase-out mechanism based on wellbeing. In addition we provide employees on overseas assignments with comprehensive visa processing assistance
the results of quarterly performance evaluations. The evaluation grades and corresponding and entry compliance support ensuring that the expatriate assignment process is smooth and lawful.measures are as follows: Grade A (91–100 points) suppliers may receive incentives such as
increased supply allocation shorter payment cycles and priority participation in the With regard to the prohibition of child labour the Company strictly complies with relevant laws and regulations
development of new parts and components; Grade B (71–90 points) suppliers continue to be including the Provisions on the Prohibition of Using Child Labour and expressly requires that the age of all recruits
and appointees complies with the statutory national requirements. During the recruitment process the Company
classified as qualified suppliers and remain subject to normal procurement arrangements; Grade
rigorously verifies candidates’ age information through multiple channels to ensure that all employees have reached
C (61–70 points) suppliers are required to submit a rectification report have their supply
the statutory working age. Upon identifying any potential non-compliance the Company will immediately initiate an
allocation reduced activate a second supplier and are not permitted to participate in new
investigation and response measures and promptly improve its systems and management processes to prevent
product development; qualified supplier status may be restored only after rectification has been
similar issues from recurring.completed and approved; Grade D (below 60 points) suppliers are directly placed on the phase-
out list. In addition in the event of serious breaches of the Basic Requirements for Supplier
In addition the Company actively supports the development of employee trade unions ensuring that union
Cooperation including malicious unauthorised alterations the provision of false reports
organisations operate soundly and effectively fulfil their role in safeguarding employees’ lawful rights and interests.concealment of facts and commercial bribery we will directly revoke the supplier’s qualification
The Company fully safeguards employees’ rights to information participation and oversight extensively solicits
to supply and pursue compensation in accordance with the seriousness of the circumstances. employees’ opinions and suggestions through various channels and encourages employees to actively participate in
the Company’s democratic management. The Company adheres to the principles of fairness impartiality openness
Metrics and Targets
and transparency continuously improving the standard of democratic management and effectively fostering
16-4 During the Reporting Period after due consideration we removed 5 suppliers. employees’ willingness to communicate and their sense of belonging.
For the relevant key performance indicators of the remaining suppliers please
refer to the “ Procurement Performance” section under the “ Summary of Key During the Reporting Period SinoHytec had no confirmed incidents of non-compliance with lawsPerformance Indicators” later in this report. or regulations relating to employment nor were there any non-compliance incidents involving
child labour or forced labour.
69 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 70About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
18 Talent Attraction and Retention Four Mandatory Visits
SinoHytec is committed to establishing a fair and transparent employee employment management Marriage Illness
framework thereby laying a solid human resources foundation for the Company ’s sustainable Entitlement to statutory marriage leave; departmental or Hospital visit: organised by the Company office/trade
development. We are fully aware that employees are the cornerstone of corporate development and Company leaders may attend the wedding ceremony and union with the relevant l ine manager department
moreover a key factor in driving innovation growth and enhanced competitiveness. Accordingly we present a congratulatory red envelope. colleagues etc. visiting together;
Sick leave: to be arranged in accordance with medical
strictly comply with China’s labour laws and regulations to ensure that all employment practices are advice and Company policy;
fully aligned with legal requirements. Relief payment: the Company provides care and a relief payment.Recruitment Management Bereavement Childbirth
18-1 The Company adopts an open recruitment process without distinction as to seniority origin or Bereavement leave: to be granted in accordance with Congratulations: organised by the Company office/trade
background. All candidates must in accordance with the Company’s recruitment rules undergo assessment Company policy; union with the relevant l ine manager department
Condolence visit: personnel arranged by the Company colleagues etc. visiting together (within Beijing) or offering
at each prescribed stage and may only be employed upon successfully passing such assessments. In office/trade union shall express condolences and provide a congratulations by telephone (outside Beijing);
recruitment the Company takes alignment with its culture and values as the basic criterion focusing condolence payment. Congratulatory gift: department leaders or colleagues
primarily on the assessment of job suitability and competence while also taking future development present red envelopes as a token of congratulations.potential into consideration. The Company’s procedures and processes for handling employment formalities
comply with the requirements of national and regional laws regulations and policies.Remuneration and Incentives
18-2 SinoHytec adheres to the principles of “merit-based competitionfairness and incentives” and has established a diversified range
of employee incentive mechanisms to provide employees with
compet i t ive remunerat ion packages and st imulate their
motivation and creativity. The Company has also established
project bonuses to reward teams or individuals that have made
s ign i f i cant contr ibut ions to the Company or de l i vered
outstanding performance.Employee Benefits and Care
18-3 The Company provides all employees with a sound benefits package including but not limited to social
insurance welfare leave holiday benefits and cultural and sporting activities. It actively enriches Basketball Competition
employees’ cultural lives places importance on their physical and mental health continuously attends to
the needs of employees facing difficulties and fosters a happy and harmonious working environment.To reflect the Company’s people-centred care ease employees’ urgent difficulties support employees facing
hardship enhance motivation at work and strengthen corporate cohesion the Company has established a
“Trade Union Assistance Fund”. Specific assistance items include: assistance for family illness or injury assistance
for family accidents education assistance for employees’ children assistance for funerals marriage and
childbirth and assistance upon retirement or departure from employment. In addition we implement the
employee care policy of “Four Mandatory Visits and Two Forms of Care” specifically including:
71 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 72About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Two Care Initiatives 19 Diversity Equality and Inclusion
Family Care Health Care We firmly believe that diversity in talent is a key cornerstone for driving the Company’s sustainable development. The Company
actively promotes a diverse and inclusive culture respects the differences of every employee and explicitly prohibits any form of
Children’s Education: By leveraging relationships within Health Check-ups: The Company selects cost-effective discrimination based on ethnicity religion gender age nationality marital and family status or other such factors. At the same
the industrial park and Haidian district the Company helps medical examination centres to provide annual health time we strictly prohibit requiring employees to undergo any medical examination or health check for discriminatory purposes.employees address matters such as nursery placement and check-up services; employees are also entitled to a half-day This principle underpins decision-making throughout the entire process including recruitment hiring promotion training and
school enrolment for their children. health check-up leave. career development with a view to fostering a fair transparent and inclusive workplace environment and providing every
Family Support: A certain amount of financial relief is Commercial Insurance: The Company provides supplementary employee with equal opportunities for development.provided to families experiencing significant economic commercial medical insurance for confirmed employees in active
hardship as a result of illness or natural disasters. service and their children thereby easing the burden of medical With regard to the employment of persons with disabilities the Company actively responds to national policies on supporting and
treatment on employees and their families. assisting persons with disabilities proactively fulfils its social responsibilities and endeavours to create equal employment
opportunities for persons with disabilities helping them realise their self-worth and integrate more fully into society. As at the
end of the Reporting Period the Company had provided stable employment opportunities for 7 employees
with disabilities.Summary of Other Employee Benefits
20 Talent Cultivation and Development
Paid annual leave parental leave carers’ leave etc.Sports and Cultural Activities Statutory Holidays and Supplementary Welfare Leave Governance
20-1 SinoHytec has established a systematic and institutionalised talent development system and has formulated and implemented the Training Management System the Administrative Measures for Technical Grade
Birthday Gifts Social Insurance Evaluation and a scientific and standardised system for the selection and appointment of managerial
personnel thereby creating at the top-design level a comprehensive framework covering employees’
Care for Employees’ Children (such as summer entire career lifecycle (from onboarding and on-the-job promotion to managerial personnel selection). As Holiday Benefits the implementing body for the talent strategy the Company's Human Resources Department ensures that
day-care classes for employees’ children etc.) all processes are fair transparent and compliant. During the Reporting Period the Human Resources
Department shifted its focus towards internal optimisation and the maintenance of core systems thereby
ensuring the stable operation of fundamental human resources functions throughout the period of change.Summer Day-care Classes for Employees’ Children Lunar New Year Festive Goods Festival Care and Support Activities 院华通学
Christmas Gifts Table Tennis Competition
73 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 74About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Strategy Impact Risk and Opportunity Management
20-2 The Company’s talent development strategy is closely aligned with its business strategy with a view to supporting SinoHytec has established diversified talent development pathways covering professional operational and managerial technological innovation and organisational resilience. During the Reporting Period we “focused on core priorities 20-3 categories and remains committed to building a transparent and equitable promotion mechanism thereby providingenhanced quality and improved efficiency” in response to changes in the industry and market. employees with a fair promotion environment and ensuring that the efforts and capabilities of every employee are
treated impartially. The Company has formulated the Management Measures for Technical Grade Evaluation with a
For employees across different roles and grades the Company has developed differentiated training programmes. view to opening up professional development pathways for employees within the technical sequence broadening the
Through a range of approaches including the integration of internal and external training and the combination of career development prospects of such employees and encouraging technical personnel to deepen and refine their
online and offline formats the Company seeks to foster employees’ enthusiasm for learning meet their career expertise within their respective professional fields.development needs and support the achievement of corporate strategic objectives thereby creating a virtuous cycle of
mutual empowerment. We have formulated the Annual Training Plan and adopted it as an important measure to We have strengthened the development of the management talent pipeline established a scientific and standardised
support the Company’s strategic objectives enhance employee capabilities and ensure the high-quality operation of the system for the selection and appointment of managerial personnel and developed an effective practical
business. straightforward and workable appointment mechanism conducive to enabling outstanding talent to emerge. TheCompany adheres to the principle of “combining integrity with capability giving priority to integrity and appointingpersonnel on the basis of merit” and conducts the selection appointment and removal of managerial personnel strictly
SinoHytec Training Module in accordance with standard procedures to ensure procedural compliance and legality.The assessment period for newly appointed managerial personnel shall be one year. If during the assessment period
any material work-related error unlawful or disciplinary violation or any other circumstance demonstrating that the
individual is not competent for the post arises the Human Resources Department shall upon reporting to the
Company’s leadership have the authority to remove the individual from office.Internal External
Metrics and Targets
During the Reporting Period we developed and carried out a total of 79
In-house Instructor-led Huatong Academy Externally External Assignment training programmes covering a wide range of areas including but not limited Training Commissioned Training Training
In response to a specific training need Through the course management live In response to a specific training need T r a i n ing p rov ided by t r a i n i ng 20-4 to safety knowledge sharing product knowledge sharing production safety
or issue in-house trainers deliver instruction and cloud storage functions issue or technological innovation the institutions or well-known enterprises and risk prevention and control and business ethics. For details please refer to
training special seminars exchanges of the online learning platform the Company engages external experts or for personnel designated by the
internally within the Company etc. Company provides a platform for the professors to provide consultative Company to attend externally in the section headed“ Employee Training and Development Performance” under
which constitutes the principal form accumulat ion of organisat ional training to personnel associated with r e sponse to deve lopment and “ Summary of Key Performance Indicators” below.of the Company’s on-the-job training knowledge and experience while also the relevant issue or technology operational management needs
offering employees channels and
Training format pathways to enhance job-specific
Training format
professional capabilities thereby Centralised instruction thematic Training format
Internal sharing session reducing the organisational and sharing sessions and discussion- Seminars exhibitions and industry
operating costs of training at all levels based exchanges exchange meetings
and across all categories
Training format
Online recorded courses
As an important component of the training system all new employees receive systematic induction training and through department-arranged
role guidance and project collaboration quickly integrate into the team and their work.Company-level Department-level pre-
general training employment training
Corporate culture the Company’s development history and Modules covering departmental safety precautions job
development plans organisational structure management responsibilities and operating standards; special operations
processes management systems policies relating to personnel who under national laws and regulations are
remuneration and benefits quality awareness training required to hold certificates before taking up their posts
safety education and training information security training must obtain the relevant certificates prior to commencing
integrity training etc. work
75 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 76About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
21 Occupational Health and Safety Performance Against SinoHytec’s Core Key
Occupational Health and Safety Indicators in 2025
Occupational Health and Safety Management System Rectification
21-1 SinoHytec consistently treats occupational health and safety as a key priority reviews the achievement of relevant
Key Business Elements Administrative Penalty Number of Occupational Completion Rate of
targets each year and updates its occupational health and safety plans accordingly. We have established and regularly Safety Management Cases (EHS) Disease Cases Safety Hazards
updated a series of systems and policies including the Occupational Health Management Policy the Safety Health and
Compliance-related Measured by the Number of safety Environmental Risk Identification and Assessment Management Policy the Fire Safety Management Policy the Chemicals Core Operating Major Safety number of employees hazards rectified/Total
Management Policy and the Emergency Management Policy. We have also continued to improve internal rules and Indicators Administrative Penalty Accidents diagnosed with number of safety
standards such as the EHS Inspection Management Code of Practice the EHS Training and Education Management Code Cases occupational diseases hazards identified
of Practice the Hazardous Operations Management Code of Practice and the Supplier EHS Management Policy Code of
Practice thereby ensuring that every stage from top-level design to frontline execution is closely connected and 98%
operates efficiently. As at the end of the Reporting Period SinoHytec Hydrogen Energy a subsidiary of SinoHytec had Annual Target 0 0 0 Note: The rectification completion
passed the ISO 45001 Occupational Health and Safety Management System certification and Beijing Juxing Huatong rate of major hazards was 100%
Hydrogen Energy Technology Co. Ltd. had obtained the Level 3 Enterprise Certificate for Work Safety Standardisation.Target achieved
Target achieved Target achieved Target achieved
Status of Indicator 0 accidents 0 cases 0 cases 98.6% among which the
no major safety no administrative no administrative
Achievement rectification completion
accidents occurred in penalty cases occurred penalty cases occurred
rate of major hazards
any quarter of 2025. in any quarter of 2025. in any quarter of 2025.was 100%.During the Reporting Period SinoHytec established an occupational health and safety management model comprising 3 control
dimensions (personnel equipment and management methods) and 6 core risk identification and optimisation measures (namely
hydrogen-related operations the environment and equipment/facilities hazardous operations related-party management
compliance management and fire safety) continuously improving its safety management system to safeguard the Company’s low-
risk operations and effectively support the achievement of its 2025 strategic objectives. In addition we further strengthened the
development of the EHS management system and completed revisions to a total of 23 EHS policies.ISO 45001 Occupational Health and Level 3 Enterprise Certificate
Safety Management System Certification for Work Safety Standardisation
SinoHytec EHS Committee Organisational Structure
Director: General Manager
Principal Officer
Deputy Director:
Executive Deputy General Manager
Members of the
Committee Secretariat:
Group EHS Managers
Deputy General
Heads of each Directors of each
Managers in charge of
subsidiary business line
each business line
77 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 78About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Occupational Health Risk Management Work Safety Risk Management
SinoHytec strictly complies with the Law of the People's Republic of China on the Prevention and Control of
21-2 SinoHytec implements the work safety policy of “safety first prevention first and comprehensive Occupational Diseases the Interim Provisions on the Supervision and Administration of Occupational Health in 21-3Workplaces and other applicable laws and regulations. We conscientiously carry out monitoring of occupational disease management” firmly maintaining work safety as a central development priority strengthening
hazard factors strengthen the management of the prevention and control of occupational disease hazards reduce the the standardisation and regulation of work safety management reinforcing the safety line of
generation of occupational hazard factors and their impact on employees and safeguard workers' health rights and defence and effectively preventing production safety accidents.interests in the course of their work. During the Reporting Period we organised the revision of the Occupational Health
and Safety Hazard Identification and Assessment Form compiling a total of 334 hazard sources and corresponding
control measures thereby effectively supporting SinoHytec's low-risk operations.Identification Prevention
Establish a risk classification and control system and a hazard For identified hazard sources implement control measures and graded
Identification Prevention identification and remediation mechanism; by regularly organising management and supervise and ensure the timely rectification of
comprehensive risk identification and assessment activities identify major hidden dangers. Establish three risk management mechanisms:
We strictly implement the Measures for the Supervision and Administration of the When entering into contracts with employees the Company truthfully informs internal hazard sources within the Company define a list of high-risk pre-incident prevention process management and emergency
“Three Simultaneities” for Occupational Disease Protection Facilities in Construction them of the occupational disease hazards that may arise in the course of work the points and develop assurance plans for high-risk points including management.Projects ensuring that occupational disease protection facilities are designed consequences thereof the protective measures against occupational disease measures addressing equipment failure scenarios.constructed and brought into operation and use simultaneously with the principal hazards and the related treatment and entitlements. The Company also sets up
project. We also develop and implement inspection maintenance and repair plans noticeboards in prominent locations in each work area to disclose the relevant
and programmes for occupational disease protection facilities and strengthen rules and regulations on the prevention and control of occupational disease
their upkeep and servicing. At the same time we engage third-party testing hazards operating procedures emergency rescue measures for occupational Monitoring and Screening
agencies to identify occupational disease hazard factors in the workplace. disease hazard incidents as well as the results of the testing and evaluation of
occupational disease hazard factors in the workplace thereby effectively fulfilling
its warning and notification obligations. Personnel at different levels shall manage Procedures for the Identification and
and monitor hazard sources of different Rectification of Hidden Hazards
Monitoring and Screening Handling and Reporting grades carry out regular hidden-danger
i n s p e c t i o n s p r o a c t i v e l y f o r m u l a t e Risk Hazards Hazards
The Company provides occupational health examinations for employees engaged Following the occurrence of a workplace injury incident and in accordance with remediation plans for identified accident Identification and Assessment Remediation
in work involving exposure to occupational disease hazard factors and maintains the requirements of the relevant internal systems the Company carries out internal Graded Controlhazards implement remediation measures
occupational health surveillance records for such employees. Where employees are reporting of the workplace injury incident investigates and analyses its causes
found during health examinations to have occupational contraindications or and tracks and implements corrective improvements in response to specific issues. d e s i g n a t e r e s p o n s i b l e p e r s o n s a n d Identification Determination of Results
occupationally related health damage the Company will reassign them and make completion deadlines etc and evaluate the and Recording of Responsible Parties Inspection
proper arrangements; where health damage is identif ied or a fol low-up Potential Hazards and Remedial effectiveness of hazard remediation with a Measures
examination is required the Company will truthfully inform the employee
concerned and within the timeframe required by the medical examination view to continuous improvement thereby
institution arrange a follow-up examination medical observation or treatment; for achieving closed-loop management.employees with suspected occupational diseases the Company will report the During the Reporting Period we carried out comprehensive hazard identification and remediation
matter to the local health administrative authorit ies in accordance with activities. A total of 288 hazards were identified across all quarters of which 284 were rectified
regulations and arrange for occupational disease diagnosis or medical observation representing a rectification rate of 98.6%.in accordance with the requirements of the medical examination institution.In 2025 the coverage rate of occupational health examinations for employees in
positions exposed to occupational hazards was 100%.Handling and
Reporting
We have established and improved mechanisms
for the handling of production safety incidents
and emergency management. In accordance
with the Comprehensive Emergency Response
Plan for Production Safety Accidents accidents
and incidents are classified by level and a
t i e red repor t ing s y s tem toge the r w i th Safety Hazard Identification
corresponding approval implementation and
case-closure management procedures has
been put in place.
79 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 80About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Safety Culture Development 21-4-1 SinoHytec Launches Safety Month ActivitiesSinoHytec has consistently placed the development of a safety culture at the heart of its corporate development and is committed to In June 2025 under the theme of “Everyone Talks About Safety Everyone Knows Emergency Response – Identifying
21-4 fostering employees’ safety awareness and sense of responsibility and enhancing their risk prevention capabilities through multi-channel Safety Hazards Around Us” we organised a series of Safety Month activities. We implemented multiple targeted
and multi-format communication and education activities. We have established a systematic safety training framework and formulated
the EHS Training and Education Management Work Standards under which corresponding safety education and training programmes are safety initiatives to enhance the safety awareness of all employees.delivered to different employee groups.During the Reporting Period we used channels such as large television screens and communications boards to display safety awareness
banners display panels and posters in areas with high employee footfall and broadcast related content on television and large LED
screens on a rolling basis. In addition we carried out safety video training and sign-off activities. By watching safety warning and
educational videos and through other means employees at each subsidiary and base studied accident cases in depth drew lessons from
them and strengthened their risk prevention capabilities. Following the completion of the training we organised employees to sign
safety commitment pledges further strengthening individual accountability for safety and ensuring that every employee translates safety
commitments into practical action. The safety training completion rate reached 100%.Safety awareness activities
At the same time to enhance employees’ safety knowledge and competence we organised a company-wide safety knowledge competition.Through this competition we promoted workplace safety laws and regulations as well as the essential safety knowledge and skills
employees are expected to know and apply helping them acquire professional knowledge and deepen their understanding and application
through interactive engagement. A total of 130 participations were recorded with an employee participation coverage rate of 95.9%.Kick-off Meeting for Safety Month Activities
Safety Knowledge Competition
81 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 82About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Strengthening Emergency Response 05｜C ommunity Empowerment *
SinoHytec strictly complies with laws and regulations including the Emergency Response Law of the People's Republic of
21-5 China formulates emergency response plans establishes emergency rescue organisations and equips the necessary
emergency rescue supplies to standardise emergency management. We regularly organise emergency drills and training Hydrogen Bringing Warmth to
to help employees acquire the correct emergency response procedures and evacuation skills ensuring that in the event
of an unexpected safety incident they are able to respond swiftly orderly and effectively thereby minimising losses Communities
arising from such incidents to the greatest extent possible.The Company has established an Emergency Command Headquarters to provide unified leadership over emergency 22 Contributions to the Society
accident response and handling with an Emergency Office and the following subordinate teams: the Rescue Team the
Security and Evacuation Team the Logistics Support Team the Medical Aid Team the Information and Communications
Team and the Environmental Protection Team. The responsibilities of each team are clearly defined covering
information reporting early warning issuance response activation on-site handling resource deployment medical aid SinoHytec regards serving the country through industry and contributing to society as its mission deeply integrates hydrogen
pollutant treatment and response termination. Emergency response is categorised according to the severity of the fuel cell technological innovation with social responsibility and actively fulfils its responsibilities as a corporate citizen. The
accident hazard and the scope of impact into Level I (company level) Level II (project level) and Level III (department Company is committed to community development and public welfare initiatives delivering warmth and giving back to society
level); where an incident exceeds the response capacity at the relevant level support shall be promptly sought from the through tangible actions while striving to achieve a balance between economic performance and its environmental and social
next higher level. responsibilities.Emergency Command Cultivating Sustainable Leaders
Department
22-1 The Company maintains partnerships with Tsinghua University Beijing University of Chemical Technology and several other higher education institutions carrying out industry-university-research collaboration programmes such as student
internships and joint training thereby supporting the cultivation of sustainable leaders in the hydrogen energy sector.Chief Commander During the Reporting Period Shanghai Shenli launched the ‘New Green Talent Development Programme’ aimed at
equipping university students with green skills and supporting their career development helping them to explore the
frontiers of fuel cell technology and appreciate the value of green technology.Emergency Office
Emergency Security & Information & Environmental
Logistics Medical Aid &
Rescue & Salvage Evacuation Communication Protection
Support Team Rescue Team
Team Team Team Team
Our emergency preparedness system comprises the Comprehensive Emergency
Response Plan for Production Safety Accidents Special Emergency Response Plans
(covering fire and emergency evacuation hydrogen leakage accidents special
equipment accidents and power distribution room and electrical equipment
accidents) and Site-specific Response Plans (covering fire hydrogen leakage vessel Social practice programme carried out in collaboration Award for the Beijing Graduate Workplace
explosion mechanical injury lifting injury falls from height and electric shock with Tsinghua University Experience Base
accidents). It is applicable to production safety accidents that may occur at the
Company ’s headquarters and its subsidiaries including fire vessel explosion
hydrogen leakage and explosion mechanical injury electric shock falls from height
and lifting injury.During the Reporting Period to further enhance employees’ emergency response
capabilities and safety awareness the Company carried out a dedicated emergency
drill in relation to fire incidents. Through the drill the Company promptly identified
and rectified existing issues further strengthened its emergency response
capabilities and provided practical support for production safety. SinoHytec will
continue to increase the frequency and broaden the coverage of drills and
continuously enhance the emergency response capabilities of all employees.Emergency Drill Industry-academia-research project carried out in collaboration with Beijing University of Chemical Technology
83 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 84About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Supporting Public Science Education 23 Rural Revitalisation
22-2 SinoHytec continues to explore the application of hydrogen energy technology across multiple fields and is committed to
integrating it into every aspect of daily life. At the same time we actively support public science education on hydrogen
SinoHytec actively implements the national rural revitalisation strategy closely integrating the
energy technology continuously communicating the value of hydrogen energy technology and demonstrating its
contribution to sustainable development. development of the hydrogen energy industry with the green transformation of rural areas. In terms of
educational assistance SinoHytec continues to focus on the development of rural children and
As the nation’s first public-interest exhibition platform dedicated to proton exchange membrane fuel cell new energy educational equity. During the Reporting Period the Company donated skipping ropes stationery new
vehicle technology Shanghai Shenli’s fuel cell science education base features functional areas including a science school uniforms and other learning and living supplies to the boarding school in Changliang Township
knowledge hall an automatic separation panoramic exhibition hall a technology demonstration hall and a vehicle Guyuan County Zhangjiakou City extending warmth and care to left-behind children and students
exhibition hall thereby establishing a systematic and intuitive science education framework for hydrogen energy from financially disadvantaged families and contributing to rural revitalisation.technology. During the Reporting Period the base hosted a number of public-interest science
outreach activities providing immersive learning and hands-on experience opportunities to more
than 300 participants from a wide range of groups including primary and secondary school
teachers and students Party and government bodies community residents and research
institutions and serving as an important platform for disseminating knowledge of hydrogen
energy inspiring enthusiasm for science and promoting the wider adoption of green concepts.Various science outreach activities held during the Reporting Period
85 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 86About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Clarity of Purpose from the Outset
Leads to Long-Term Success 01｜Corporate governance * Compliance for Sustainable Success . . . . . . . . . . . . . . . . . . . . . . 89
– Compliance Management and 02｜Board Diversity * Sound Decision-Making . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92
Risk Management 03｜Business Ethics * Integrity as the Foundation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9304｜Shareholder Rights and Interests * A Win-Win Future . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 95
87 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 88About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
01｜C orporate governance * Compliance for
Sustainable Success
24 Corporate Governance and Compliance
Governance
SinoHytec strictly complies with the Company Law of the People's Republic of China the Securities Law of the People's Republic of
24-1 China the Rules Governing the Listing of Stocks on the STAR Market of the Shanghai Stock Exchange the Rules Governing the Listing of
Securities on the Main Board of The Stock Exchange of Hong Kong Limited and other applicable laws regulations and rules. The
Company has established a sound and efficient corporate governance structure comprising the shareholders’ general meeting the Board
and senior management and has put in place a corporate governance mechanism with clearly defined powers and responsibilities and
standardised operations thereby effectively ensuring the fairness and scientific rigour of corporate governance decision-making.General Meeting of Shareholders
Board of Directors
Remuneration and
Strategy and ESG Committee Nomination Committee Audit Committee
Appraisal Committee
24-1-2 Key Information Table on the Specialised Committees of the Board
General Manager
Name of Committee Composition Core Responsibilities
Strategy and ESG 3 executive Directors Formulate long-term development plans including ESG strategy
Committee ensure that ESG initiatives are aligned with the Company’s overall
strategy and oversee major investment decisions.Information General
Research Delivery Sales Corporate Finance Securities Audit
and Data Administration
Centre Centre Department Centre Department Department Department Audit Committee Three independent Directors Reviews financial reports and oversees the effectiveness of risk
Security Centre Department
management and internal control systems.Nomination One executive Director and two Reviews the structure of the Board and proposals for the
24-1-1 Core Corporate Governance Structure Committee independent Directors appointment and dismissal of senior management assesses the
The Company has established a governance structure with clearly defined powers and responsibilities to ensure the independence of independent Directors and formulates policies for
effective implementation of its ESG strategy. the nomination of Directors.Remuneration and One executive Director and two Reviews human resources management policies and provides
General Meeting Specialised Evaluation Committee independent Directors professional recommendations on the remuneration incentives and
of Shareholders The Board Committees benefits plans for Directors and senior management.As the highest authority it operates in strict accordance As the decision-making body it is accountable to the Under the Board the Strategy and ESG Committee the
with the Articles of Association safeguards the rights General Meeting of Shareholders and provides overall Audit Committee the Nomination Committee and the Strategy
of a l l shareholders on an equal bas is engages oversight of the Company’s development strategy and Remuneration and Appraisal Committee have been
professional lawyers to witness meetings and ensures business plans. The Board comprises 8 directors established to support the Board ’s decision-making Based on a comprehensive risk governance framework the Company has established a
that procedures and proposa l s a re lawfu l and (including 3 independent directors) whose cross- through specialised division of responsibilities and to 24-2 systematic mechanism for risk identification assessment and monitoring. Adopting a forward-
compliant. industry professional backgrounds and extensive strengthen ESG governance and internal control looking management approach it integrates risk management and internal control into business
experience ensure that decision-making is sound management.independent and objective. decision-making and operational processes thereby ensuring stable growth and the creation of
long-term value in a complex environment.
89 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 90About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Impact Risk and Opportunity Management Metrics and Targets
The Company implements comprehensive closed-loop risk management in accordance with the
24-3 Key Corporate Governance Performanceprocedural steps of risk identification risk assessment risk response and risk monitoring and 24-4
regularly reassesses risks and formulates response strategies to promote the Company's
sustainable development. Reviewed and Convened 4 general
meetings of 31 Convened 13 approved
SinoHytec Risks and Opportunities Relating to shareholders Board meetingsresolutions
Risk and Compliance Management in 2025
The Board reviewed
Risk/Opportunity Type Specific Description Time Horizon Financial Impact Responses and Opportunities Convened 3
Management and As the scale of the Company's Short-term/ Decrease in The Company has established risk control procedures and approved 78 Convened 9 Audit Strategy and ESG Committee meetings
Internal Control Risks business continues to expand higher Medium-term operating revenue covering its principal business processes. On the one hand resolutions Committee meetings
Arising from the requirements are imposed on the increase in it dynamically monitors domestic and international
Expansion of the development of its organisational operating costs regulatory requirements and changes in the market
Company's Operations structure and its operational and environment embedding compliance standards into Convened 2 Convened 5 special
management capabilities. If robust product design operational processes and decision-making Convened 4
internal control and compliance mechanisms thereby ensuring that business expansion Nomination Remuneration and meetings of the
management systems commensurate consistently remains within an acceptable compliance Committee meetings Assessment Independent Non-
with the scale of the business are not framework; on the other hand it strengthens cross- Committee meetings executive Directors
established in step with business departmental risk early-warning capabilities and enhances
growth this may result in lower the efficiency of identifying and responding to emerging
process efficiency rising operating risks thereby maintaining the compliance baseline while
costs and could even give rise to providing flexible and reliable support for business 02｜Board Diversity * Sound Decision-Making
compliance-related risk incidents. innovation and strategic adjustment and in turn enhancing
investor confidence customer trust and recognition by
regulators. 25 Board Diversity
SinoHytec Four Lines of Defence for Internal Control
We firmly believe that the diversity of the Board is a key cornerstone for enhancing governance
standards. SinoHytec strictly adheres to the principle of“ merit-based appointment ”. In selecting
members of the Board and the Nomination Committee it systematically considers a range of diversity
First Line Second Line Third Line Fourth Line dimensions including gender age cultural and educational background and professional expertise of Defence of Defence of Defence thereby ensuring breadth and depth in decision-making perspectives and laying a solid governance
The Board and Business Units and of Defence Third-party
Audit Department foundation for the Company’s long-term development.Senior Management Functional Teams Institutions
Identify and manage risks relating to S u p p o r t t h e i m p l e m e n t a t i o n o f The Company ’s Audi t Department Providing independent and objective Key performance indicators
core business operations and mitigate management policies identify potential e xamines and supe r v i s e s mat te r s assurance through external audits and
or avoid risks through measures such as risks across each business segment i n c l u d i n g t h e a u t h e n t i c i t y a n d in the form of financial reports among
t h e i m p l e m e n t a t i o n o f c o n t r o l assist in formulating risk management completeness of the Company’s financial others.procedures and risk assessments. response measures and processes and information as well as the establishment Three of the eight directors are Two of the eight senior management
p r o m p t l y r e c t i f y a n d r e m e d i a t e and implementation of internal control female directors members are female senior executives
identified deficiencies. systems thereby providing the necessary
assurance for the Company’s lawful and
compliant operation and management
t h e s e c u r i t y o f a s s e t s a n d t h e
authenticity accuracy and completeness
o f f i n a n c i a l r e p o r t s a n d r e l a t e d
information.
91 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 92About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
03｜B usiness Ethics * Integrity as the Foundation Building a Culture of Integrity
SinoHytec has continued to strengthen the development of its culture of integrity guiding employees to embrace and put integrity values
26-3 into practice communicating the Company’s achievements in integrity development to internal and external stakeholders and calling on
26 Business Ethics Development partners to earnestly honour their integrity commitments.
Key performance indicators
SinoHytec continues to strengthen business ethics governance adopts a zero-tolerance approach towards all improper conduct
in violation of business ethics and steadily advances the development of its integrity framework to safeguard the Company’s
sound and sustainable development. 100% 100% signing rate for the integrity training Integrity and Self-Discipline
Anti-Commercial Bribery and Anti-Corruption coverage for new employees Responsibility Letter and the
SinoHytec strictly complies with laws and regulations such as the Interim Provisions on Prohibiting Commercial Bribery and maintains zero Integrity Commitment Letter
26-1 tolerance for any form of corruption bribery and fraud. On the basis of the Administrative Provisions on Integrity Development the
Company has established a comprehensive integrity framework with full coverage thereby curbing corruption bribery and other
misconduct and fostering an upright clean efficient and orderly working environment. Integrity training reached more
In employee management the Company regulates employee conduct from multiple perspectives by organising the signing of the Letter 100% integrity training
of Responsibility for Integrity and Self-Discipline reinforcing accountability for integrity development and embedding the relevant coverage for the Board and senior than 500 participant
requirements into every aspect of its operations and management. Prior to major public holidays and festivals the Company issues the attendances
Notice on Strengthening Integrity Development During Holidays and Festivals reminding all personnel to strengthen self-discipline and management
strictly prohibiting the acceptance or solicitation in any form of money or property negotiable securities and improper gains of any
kind including rebates intermediary fees and handling charges so as to eradicate “holiday corruption” and ensure a clean and upright
holiday period.The Company has also extended the scope of integrity management to external partners by requiring suppliers to sign an Integrity Complaint and Whistleblowing Mechanism
Commitment Letter under which they undertake to strictly comply with national laws and regulations relating to honest and ethical
business conduct thereby jointly fostering a fair trustworthy and upright environment for cooperation. Where a supplier engages in The Company has established a sound whistleblowing and oversight mechanism for misconduct providing multiple
misconduct or non-compliance the Company shall pursue accountability in accordance with the agreed terms and relevant laws and 26-4 reporting channels including a reporting hotline and email to ensure that employees and business-related stakeholders
shall address such conduct through measures including the deduction of liquidated damages termination of co-operation and referral to
the judicial authorities. can conveniently report suspicious conduct. At the same time we implement a whistleblower protection mechanism
maintain strict confidentiality regarding whistleblowers’ privacy prohibit any form of retaliation and ensure the security
During the Reporting Period the Company had no substantiated incidents of corruption. of whistleblowers’ information and report content. Upon completion of the investigation the results will be placed on
file. We will also use the findings to identify shortcomings address loopholes and further improve the mechanism.During the Reporting Period we did not receive any related whistleblowing reports.Anti-Unfair Competition Whistleblowing channel: Official WeChat accountWhistleblowing hotline: 010-62796417
26-2 We consistently uphold the principles of fair and free competition strictly comply with the Anti-Monopoly Law of the People's Republic Whistleblowing email: gsbgs@autoht.com
of China the Anti-Unfair Competition Law of the People's Republic of China and other applicable laws and regulations and are
committed to safeguarding an honest fair and open market order and business environment.
93 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 94About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
04｜S hareholder Rights and Interests * A Win- Investor Relations Management
SinoHytec has established diversified investor communication channels and maintains effective
Win Future 27-2 and constructive communication with shareholders and investors through general meetings performance briefings the e-Interaction Platform and investor hotlines among other means.This enables the Company to gain a full understanding of investor expectations. Dedicated
27 Protection of Shareholders’ Rights and Interests personnel are assigned to respond to investor enquiries enhance investors’ understanding of and familiarity with the Company and build a sound investor base.
SinoHytec attaches great importance to the protection of investors ’ rights and interests has established and continuously Key performance indicators
improved a sound investor protection system and ensures the timeliness and completeness of information disclosure so that
investors have access to the necessary information and their lawful rights and interests are effectively safeguarded.Responded to questions on
Standardising Information disclosure Held 3 performance the SSE e-Interaction
SinoHytec strictly complies with the relevant provisions of the Measures for the Administration of Information Disclosure briefings and investor
27-1 by Listed Companies the Shanghai Stock Exchange STAR Market Stock Listing Rules the Shanghai Stock Exchange Self- research reception sessions Platform on 95 occasions
Regulatory Guideline No. 1 for Listed Companies on the STAR Market – Standardised Operation and the Articles of
Association. It has formulated the Information Disclosure Management System the Internal Reporting System for
Material Information and the Registration System for Persons with Knowledge of Insider Information in order to Conflicts of Interest and Related-Party Transactions
safeguard shareholders’ right to information fulfil its information disclosure obligations in accordance with the law and
The Company has established a governance structure with clearly defined powers and
ensure that information disclosure is conducted in a truthful accurate complete and timely manner. 27-3 responsibilities to ensure the effective implementation of its ESG strategy.The Company continuously optimises the content and presentation of its information disclosure and within the
To prevent any damage arising from conflicts of interest between the Company’s directors and
prescribed time limits publishes information to the public through designated media and by prescribed means while
senior management and the Company and to avoid conduct that may harm the interests of the
submitting the same to the securities regulatory authorities in accordance with applicable requirements. It maintains
Company and its shareholders the Company has established systems including the Articles of
sound adequate and effective communication with investors concerned with the Company’s development provides
Association and the Conflict of Interest Management System. By clearly defining conflicts of
investors with detailed information to support decision-making promotes investors’ understanding and recognition of
interest implementing a mandatory declaration mechanism enforcing rigorous investigation and
the Company and fosters a positive interaction mechanism with investors. disciplinary procedures and adopting whistleblower protection measures the Company ensures
transparent and compliant decision-making safeguards the fair interests of minority
Key performance indicators shareholders and promotes the Company’s sustainable development. During the Reporting
Period the Company had no incidents involving conflicts of interest.
4 127 In respect of related-party transactions the related-party transactions entered into by the Published periodic Published ad hoc
Company during the Reporting Period were required for its ordinary production and operation
reports (A shares) announcements (A shares) and business development constituted normal commercial transactions adhered to the principle
of fair market dealing and were priced on a fair and reasonable basis. The Company has strictly
complied with the requirements of the Articles of Association and relevant regulatory provisions
4 58 carried out the necessary internal decision-making procedures and duly fulfilled its information Published periodic Published ad hoc
disclosure obligations in a timely and complete manner in respect of all material related-party
reports (H shares) announcements (H shares) transactions. No related-party transaction was used to prejudice the interests of the Company’s
shareholders in particular minority shareholders.
95 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 96About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
However thorny the road ahead may be the direction of
the hydrogen energy journey is now clear and our steps
are growing ever more resolute.Strategic Vision * Steering by the Stars Industrial Synergy * Collective Efforts Deliver
SinoHytec will continue to deepen its deployment across the Greater Results
entire industry chain and strive to become a leader in and SinoHytec fully recognises that the prosperity of the hydrogen
ecosystem builder for integrated green energy solutions energy industry depends on coordinated advancement across
spanning “Production-Storage-Transportation-Refuelling-Use”. the entire value chain. We will continue to uphold an open
We regard technological innovation as the fundamental driving shared and mutually beneficial ecosystem philosophy and
force and application scenario expansion as the key pathway deepen strategic cooperation with government industry
proactively aligning with the development of national pilot academia research ins t i tut ions and users . By act i ve ly
zones for the hydrogen energy industry advancing the large- participating in the formulation of standards jointly building
scale application of hydrogen energy across transportation infrastructure undertaking collaborative technological research
industry energy storage and other fields and contributing and expanding application scenarios we will foster a closer
industrial strength to the establishment of a clean low-carbon more efficient and more resilient collaborative network with
safe and efficient modern energy system. upstream and downstream partners across the industry chain
join hands with ecosystem partners to address challenges
Target Planning * Advancing with Steady accelerate the commercialisation of the hydrogen energy
Resolve industry and share in the benefits of the green transition.SinoHytec will continue to advance technological upgrading Conclusion
capacity expansion and market development and set clear
actionable phased objectives. We will focus on achieving Looking ahead S inoHytec wi l l remain f i rmly
continuous breakthroughs in and cost optimisation of core committed to its core mission: driving innovation
technologies such as high-power fuel cell systems hydrogen across the entire hydrogen energy industry chain to
production by PEM electrolysis and high-density hydrogen empower the dual carbon goals and a sustainable
storage; steadily expand production capacity deployment future while continuously practising ESG principles.strengthen synergies between domestic and overseas markets Our passion for hydrogen remains unchanged and
and enhance brand profile and market share; at the same time our stride forward is unrelenting. SinoHytec will
we wil l deeply embed green and low-carbon pr inciples continue to navigate the journey of hydrogen energy
throughout our operations continue to reduce our own carbon industrialisation with determination working hand
footprint practise environmentally friendly production and in hand with all stakeholders to build a zero-carbon
achieve a harmonious balance between corporate development future together.and ecological benefits.Setting Sail for Distant Horizons
– With a Green Commitment in
Mind Across Rivers and Mountains
97 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 98About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
United Nations Sustainable Development Goals Index
Corresponding Material Corresponding Material
SDGs Corresponding Section Topics SinoHytec's Actions SDGs Corresponding Section Topics SinoHytec's Actions
Donated learning and living supplies to the boarding school Promote the development of the entire hydrogen energy
Rural Revitalisation in Changliang Township Guyuan County to support industrial chain; optimise information systems and improve
Rural Revitalisation Innovation-Driven
Contributions to the Society left-behind children and students from economically Innovation-Driven procurement efficiency; provide training on quality Industrial Cooperation and
disadvantaged families. Industrial Cooperation and production processes and other areas to support industrial SDG 1: No Poverty Development
SDG 9: Industry Innovation Development innovation; maintain industry-academia-research About SinoHytec
Provide basic benefits such as medical check-ups meal and Infrastructure cooperation with higher education institutions and promote
allowances and communication allowances; implemented the development of hydrogen energy Infrastructure.statutory leave entitlements in accordance with national Non-discrimination throughout the recruitment process
regulations (including marriage leave maternity leave and (including ethnicity religion gender age and nationality);
Protection of Employee Diversity Equality and Diversity Equality and
parental leave). employment of persons with disabilities;
Rights and Interests Employee Rights and Inclusion Inclusion
Established a trade union assistance fund to provide support Foster a fair and inclusive workplace environment and
Quality of Customer Service Interests Protection
for employees facing hardship arising from family illness or SDG 10: Reduced Inequalities promote equal opportunity.SDG 3: Good Health and Talent Attraction and Quality of Customer Service injury accidents children's education and other difficulties;
Well-being Retention Support green urban transport through applications such as Provide safety education and training to ensure workplace About SinoHytec Industrial Cooperation and hydrogen fuel cell buses;
safety and health; Industrial Cooperation and Development Public education bases help promote hydrogen energy
Established a nationwide customer service network to Development
SDG 11: Sustainable Cities Contributions to the Society knowledge within communities and advance the
ensure timely responses. Contributions to the Society
and Communities development of sustainable cities.Launch the Huatong Academy platform to deliver both Incorporate environmental responsibility assessments into
online and offline training (approximately 30 company-level supplier reviews;
training programmes in 2025); Product Safety and Quality Require suppliers to comply with environmental protection
Maintain a well-established induction training system for
Rural Revitalisation Green Products and Supply Chain Security standards;
Talent Development and new employees; Technologies Product Safety and Quality Adopt sound risk management and internal control
Contributions to the Society
Growth Maintain cooperation with Tsinghua University and Beijing Supply Chain Security Corporate Governance and measures;
Talent Cultivation and
Contributions to the Society University of Chemical Technology in student internships SDG 12: Responsible Corporate Governance and Compliance Promote measures such as waste heat recovery
SDG 4: Quality Education Development and joint training programmes; Consumption and Production Compliance photovoltaic panels and hydrogen energy-powered forklifts
Organised public welfare activities through the Shanghai to realise cascading energy utilisation and responsible
Shenli Fuel Cell Science Popularisation Education Base to production.support hydrogen energy education and public learning. Assess supply chain ESG risks;
Sustainable Development
Promote localisation to reduce reliance on imports and
Special protection is provided for female employees during Philosophy Climate Change enhance climate resilience;
menstruation pregnancy maternity and breastfeeding; Climate Change Tackling Reduce carbon emissions through renewable energy-based
Diversity Equality and Diversity Equality and Gender discrimination is eliminated throughout the Tackling Emissions and Waste hydrogen production and energy-saving measures
Inclusion Inclusion recruitment process; SDG 13: Climate Action Emissions and Waste Management supporting national climate action and the “dual carbon”
Management
SDG 5: Gender Equality Activities are carried out on International Women's Day to goals.foster an inclusive workplace environment. Uphold the principles of openness fairness and impartiality
Actively promote hydrogen production from renewable in procurement with joint assessments conducted by
energy using wind and solar power to produce hydrogen ESG Governance Structure multiple departments;Anti-Bribery and Anti-
through water electrolysis; Business Ethics Development Approval procedures are established for the procurement Corruption
Energy Usage Promote low-carbon equipment such as hydrogen energy Protection of Shareholders’ process; integrity training is organised;Corporate Governance and
Energy Usage Rights and Interests Strictly implement national labour policies and proactively
About SinoHytec forklifts and photovoltaic solar panels;
SDG 7: Affordable and Clean SDG 16: Peace Justice and
Compliance
Protection of Employee resolve labour matters through consultation;
Support the development of clean energy systems through Strong Institutions Anti-Unfair Competition
Energy Rights and Interests Sign the Basic Code of Conduct for Supplier Cooperation hydrogen fuel cell technology and advance the green which incorporates integrity requirements to ensure
hydrogen energy industry chain. transparent governance.Provide equal employment opportunities and employ Undertake industry-academia-research collaboration with
Talent Attraction and Talent Attraction and persons with disabilities; higher education institutions;
Retention Retention Strictly implement national labour policies and proactively Industrial Cooperation and Industrial Cooperation and Through science popularisation bases charitable donations
Protection of Employee Employee Rights and resolve labour matters through consultation; Development Development and community co-development;
SDG 8: Decent Work and Rights and Interests Interests Protection Enhance employees’ skills through the training system and SDG 17: Partnerships for the Contributions to the Society Contributions to the Society Promote partnerships across the hydrogen energy industry
Economic Growth support economic growth and decent work. Goals chain and support the achievement of the global Sustainable
Development Goals.
99 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 100About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Summary of Key Performance Indicators
Governance Performance
Business Ethics Performance Wastewater discharge
Indicator Unit 2025 2024 2023 Indicator Unit 2025 2024 2023
Execution Rate of the Integrity and Self- % 100 100 100 Total wastewater pollutant discharge tonnes 0.6 1.7 7.4
Discipline Responsibility Letter Chemical oxygen demand (COD) emissions tonnes 0.1 0.8 5.3
Number of Whistleblowing Reports Received cases 0 0 0 Ammonia nitrogen (NH3-N) emissions tonnes 0.003 0.1 0.4
by the Company (Business Ethics)
Other pollutant emissions tonnes 0.5 0.8 1.7
Number of Substantiated Corruption Cases cases 0 0 0
Number of Substantiated Information Security cases 0 0 0 Air emissions
Incidents
Indicator Unit 2025 2024 2023
Environmental Performance Nitrogen oxides (NOx) kg 7.8 23.1 27.8
Sulphur oxides (SOx) kg 0.4 0.5 0.6
GHG Emissions
Particulate matter (PM) kg 0.8 1.7 2.0
Indicator Unit 2025 2024 2023
Volatile organic compounds (VOCs) kg 113.8 24.0 68.8
Direct GHG emissions (Scope 1) tCO2e 59.2 100.2 121.8
Total air pollutant emissions kg 122.8 49.3 99.2
Indirect GHG emissions (Scope 2) tCO2e 3975.8 7026.7 7967.0
Total Scope 1 and Scope 2 GHG emissions tCO2e 4035.0 7126.9 8088.8 Solid waste discharge
Scope 1 and Scope 2 GHG emissions intensity tCO2e/ 0.1564 0.1944 0.1010 Indicator Unit 2025 2024 2023
operating
Total non-hazardous waste generated kg 9020.0 20920.0 37680.0
revenue
(RMB10000) Non-hazardous waste intensity kg/operating 0.3496 0.5705 0.4706
revenue
Other indirect GHG emissions (Scope 3)1 tCO2e 4167.6 – –
(RMB ten
Waste treatment tCO2e 0.8 – – thousand yuan)
Employee business travel tCO2e 99.7 – – Total hazardous waste generated kg 4726.8 11416.0 18230.0
Purchased goods and services tCO2e 3418.1 – – Hazardous waste intensity kg/operating 0.1832 0.3113 0.2277
Capital goods tCO2e 649.0 – – revenue
Total greenhouse gas emissions tCO2e 8202.6 7126.9 8088.8
(RMB ten
thousand yuan)
Greenhouse gas emissions intensity tCO2e/ 0.3179 0.1944 0.1010
operating
revenue
(RMB10000)
1 During the Reporting Period SinoHytec expanded the accounting boundary for Scope 3 (other indirect GHG Emissions) adding emission
categories including waste treatment employee travel purchased goods and services and capital goods. As the above categories were
incorporated into the accounting system for the first time the GHG Emissions data for 2023 and 2024 do not include the above newly added
categories and are therefore not directly comparable with the 2025 data.
101 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 102About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Energy performance Packaging materials performance
Indicator Unit 2025 2024 2023 Indicator Unit 2025 2024 2023
Petrol kWh 206627.8 325881.8 387011.8 Total packaging materials used kg 38859.7 65790.1 142696.5
Diesel kWh 5305.5 6216.0 6221.3 Packaging material intensity kg/unit 58.3 35.6 35.4
Liquefied petroleum gas and natural gas kWh 28612.0 42428.9 64686.7
Non-renewable fuels (direct) kWh 240545.3 374526.7 457919.8 Labour and human rights performance
Electricity kWh 7493015.4 11324294.8 13969881.7 Employment performance
Purchased electricity (indirect) kWh 7493015.4 11324294.8 13969881.7 Indicator Unit 2025 2024 2023
Total energy consumption kWh 7733560.7 11698821.5 14427801.5 Total number of employees persons 482 708 1044
Energy consumption intensity kWh/revenue 299.7 319.1 180.2 Number of employees with disabilities persons 7 7 9
(RMB ten
Gender composition
thousand yuan)
Number of female employees persons 121 150 202
Water resources performance Percentage of female employees % 25.10 21.19 19.35
Indicator Unit 2025 2024 2023 Number of senior executives2 persons 8 7 7
Total water consumption cubic metres 26044.9 42404.1 60070.7 Number of female senior executives persons 2 2 2
Water consumption intensity cubic metres/ 1.0095 1.1565 0.7502 Percentage of female senior executives % 25.00 28.57 28.57
revenue Number of members of the Board persons 8 9 9
(RMB10000)
Number of female directors persons 3 2 2
Percentage of female directors % 37.50 22.22 22.22
Age composition
Number of employees aged under 30 persons 87 171 388
Number of employees aged 30≤Y<50 persons 376 518 639
Number of employees aged ≥50 persons 19 19 17
Educational attainment composition
Doctorate and above persons 13 28 34
Master’s degree persons 92 157 258
Bachelor’s degree and below3 persons 377 523 752
2 During the Reporting Period one member of the management team performed his/her duties under a labour contract and was therefore not
included within the statistical scope of the Company’s active formal employees.
3 During the Reporting Period in order to present more clearly the status of the core talent pipelinethe Company has retrospectively adjusted
the relevant data for 2023 and 2024 on a consistent basis to ensure data comparability.
103 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 104About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Index to the Shanghai Stock Exchange Self-Regulatory
Guideline No. 14 – Sustainability Report (Trial)
Employee turnover performance Disclosure requirements Provisions Corresponding section of this report
Employee turnover rate Chapter III Environmental Disclosure
Indicator Unit 2025 year 2024 year 2023 year
Article 20 Climate Change Tackling
Overall turnover rate % 51.45 48.59 21.36
Article 21 Climate Change Tackling
Gender composition
Article 22 Climate Change Tackling
Female employees % 35.54 38.67 16.83
Article 23 Climate Change Tackling
Male employees % 56.79 51.25 22.45
Article 24 Climate Change Tackling
Age composition Section 1 Climate Response
Article 25 Climate Change Tackling
<30 years % 86.21 98.25 26.80
Article 26 Climate Change Tackling
30≤Y<50 years % 44.95 33.20 18.31
≥50 years % 21.05 21.05 11.76 Article 27 Climate Change Tackling
Article 28 Climate Change Tackling
Employee training and development performance Article 29 Climate Change Tackling
Emissions and Waste Management
Employee training and development performance
Indicator Unit 2025 2024 2023 Article 29 Ecosystem and Biodiversity Protection
Training attendances person-times 2667 3353 6970 Environmental Compliance Management
Section 2 Pollution Control and
Average training hours per employee hours 3.54 7.66 10.60 Article 30 Emissions and Waste Management
Ecosystem Protection
Training coverage % 100 76.3 91.4 Article 31 Emissions and Waste Management
Proportion of employees receiving performance and % 100 99.56 99.61 Article 32 Ecosystem and Biodiversity Protection
career development assessments
Article 33 Environmental Compliance Management
Occupational health and safety performance
Occupational health and safety performance
Indicator Unit 2025 2024 2023
Occupational health examination coverage % 100 100 100
(positions subject to occupational hazards)
Number of occupational disease cases identified persons 0 0 0
Safety training coverage % 100 100 100
Procurement performance
Suppliers
Indicator Unit 2025 2024 2023
Total number of major suppliers entities 128 126 155
China entities 126 124 153
Canada entities 1 1 1
South Korea entities 1 1 1
105 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 106About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Disclosure requirements Provisions Corresponding section of this report Disclosure requirements Provisions Corresponding section of this report
Energy Usage Protection of Employees’ Rights and Interests
Article 34 Usage of Water Resources Talent Attraction and Retention
Section 3 Resource Utilisation and Circular Economy Article 49 Diversity Equality and Inclusion
Circular Economy Article 35 Energy Usage Talent Development and Growth
Article 36 Usage of Water Resources Occupational Health and Safety
Section 4 Employees
Article 37 Circular Economy Protection of Employees’ Rights and Interests
Chapter IV Social Disclosure Talent Attraction and Retention
Rural Revitalisation Article 50 Diversity Equality and Inclusion
Article 38
Section 1 Rural Revitalisation and Contributions to the Society Talent Cultivation and Development
Social Contributions Article 39 Rural Revitalisation Occupational Health and Safety
Article 40 Contributions to the Society Chapter V Corporate Governance Information Related to Sustainable Development Disclosure
Article 41 Innovation-Driven Corporate Governance and Compliance
Article 42 Innovation-Driven Article 51 Supply Chain Security
Section 2 Innovation-Driven
Development and Ethics of As SinoHytec does not engage in scientific research Stakeholder Communication
Science and Technology technology development or other activit ies in Article 43 Corporate Governance and Compliance
technology ethics-sensitive fields such as life sciences
Supply Chain Security
and artificial intelligence this topic is not applicable.The Company has established a routine due diligence
Supply Chain Security Section 1 Sustainability-Related
mechanism covering environmental compliance
Quality of Customer Service Governance Mechanisms
Article 52 supplier responsibility business ethics and other Article 44
Product Safety and Quality areas. The responsible departments identify potential
Data Security and Privacy Protection adverse impacts or risks through a combination of
routine monitoring regular reviews and special
Article 45 Supply Chain Security
audits and adopt targeted measures to address them
Dur ing the Repor t ing Per iod S inoHytec in effectively.accordance with the relevant requirements publicly
Section 3 Suppliers and Clients Article 53 Stakeholder Communicationdisclosed through the National Enterprise Credit
Article 46 Information Publicity System information on overdue Article 54 Business Ethics Development
payments to small and medium-sized enterprises Section 2 Commercial Behaviors Article 55 Business Ethics Development
and no overdue payments to small and medium- Article 56 Business Ethics Development
sized enterprises occurred.Product Safety and Quality
Article 47
Quality of Customer Service
Article 48 Data Security and Privacy Protection
107 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 108About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Content Index to the Stock Exchange of Hong Kong’s
“Environmental Social and Governance Reporting Code”
Corresponding Section Corresponding Section
Aspect Indicator No. Indicator Content in this Report Aspect Indicator No. Indicator Content in this Report
A. Environment General Pol icies on minimising the issuer ’s s ignif icant impact on the Ecosystem and Biodiversity
Disclosure environment and natural resources. Protection
Information on: a. policies; and b. compliance with relevant laws and Environmental Compliance Ecosystem and Biodiversity
General regulations that have a significant impact on the issuer relating to air Management
A3: The Protection
Disclosure emissions and GHG Emissions discharges into water and land and Emissions and Waste Environment and Describe the significant impacts of business activit ies on the Environmental Compliance
the generation of hazardous and non-hazardous waste. Management Natural Resources A3.1 environment and natural resources and the actions taken to manage Management
Summary of Key such impacts. Energy Usage
A1.1 Types of emissions and respective emissions data.Performance Indicators Usage of Water Resources
Circular Economy
Total hazardous waste generated (in tonnes) and where applicable Summary of Key
A1.3 B. Social
intensity (e.g. per unit of production per facility). Performance Indicators
A1: Emissions Protection of Employee
The total amount of non-hazardous waste generated (in tonnes) and
Summary of Key Rights and Interests
A1.4 where applicable the intensity (e.g. per unit of production per
Performance Indicators Talent Attraction and
facility). Information on: a. policies; and b. information on compliance with Retention
relevant laws and regulations that have a significant impact on the
A description of the emissions targets set and the steps taken to Emissions and Waste General Diversity Equality and
A1.5 issuer relating to remuneration and dismissal recruitment and
achieve those targets. Management Disclosure Inclusion
promotion working hours holidays equal opportunities diversity
Talent Cultivation and
A description of the methods of disposal of hazardous and non- B1: Employment anti-discrimination and other treatment and benefits.Emissions and Waste Development
A1.6 hazardous waste and a description of the waste reduction targets set
Management Occupational Health and
and the steps taken to achieve those targets.Safety
Energy Usage Total number of employees by gender employment type (such as full- Summary of Key
General Policies on the efficient use of resources including energy water and B1.1
Usage of Water Resources time or part-time) age group and region. Performance Indicators
Disclosure other raw materials. Summary of Key
Circular Economy B1.2 Employee turnover rate by gender age group and region.Performance Indicators
Total direct and/or indirect energy consumption by type (e.g.Summary of Key Information relating to the provision of a safe working environment
A2.1 electricity gas or oil) in thousand kWh and intensity (e.g. per unit of General and the protection of employees from occupational hazards Occupational Health and
Performance Indicators
production per facility). Disclosure including: a. policies; and b. information on compliance with relevant Safety
laws and regulations that have a significant impact on the issuer.Total water consumption and density (e.g. per unit of production or Summary of Key
A2: Use of A2.2 B2: Health and The number and rate of work-related fatalities in each of the past Occupational Health and
per facility). Performance Indicators B2.1
Resources Safety three years (including the reporting year). Safety
Describe the energy use efficiency targets set and the steps taken to Usage of Water Resources Summary of Key
A2.3 B2.2 Lost days due to work-related injuries.achieve those targets. Circular Economy Performance Indicators
Describe the occupational health and safety measures adopted and Occupational Health and
Describe any issues in sourcing suitable water sources and the water B2.3
the related implementation and monitoring methods. Safety
A2.4 use efficiency targets set and the steps taken to achieve those Usage of Water Resources
Policies relating to the enhancement of employees’ knowledge and
targets. General Talent Cultivation and
skills for the performance of their duties. Describe the training
Disclosure Development
Total packaging materials used for finished products (in tonnes) and Summary of Key activities.A2.5 B3: Development
where applicable the quantity per unit produced. Performance Indicators The percentage of employees trained by gender and employee Summary of Key
and Training B3.1
category (such as senior management and middle management). Performance Indicators
The average number of training hours completed per employee by Summary of Key
B3.2
gender and employee category. Performance Indicators
109 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 110About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Content Index for Part D of the Stock Exchange of Hong
Kong's Environmental Social and Governance Reporting Guide
Corresponding Section Category Sub-category Description Section/Remarks
Aspect Indicator No. Indicator Content in this Report
ESG Governance Structure
General Information on the prevention of child labour or forced labour
The governance body responsible for overseeing Climate-related Risks
Disclosure including: a. policies; and b. information on compliance with relevant
Protection of Employee Governance Climate Change Tackling
and opportunities
laws and regulations that have a material impact on the issuer. Rights and Interests – Governance
B4: Labour
Standards B4.1 Describe the measures taken to review recruitment practices to avoid Protection of Employee child labour and forced labour. Rights and Interests Management's role in the governance processes controls and ESG Governance Structure
B4.2 Describe the steps taken to eliminate such non-compliance when Protection of Employee Governance procedures used to monitor manage and oversee Climate-related Climate Change Tackling discovered. Rights and Interests
General Policies on managing the environmental and social risks of the Supply Risks and opportunities. – Governance
Disclosure chain. Supply Chain Security Describe the Climate-related Risks and opportunities that could
B5.1 Number of suppliers by geographical region. Summary of Key Performance Indicators reasonably be expected to affect the issuer’s cash flows access to
Describe the practices relating to the engagement of suppliers the finance or cost of capital over the short medium or long term.B5: Supply chain B5.2 number of suppliers to which such practices are applied and the Supply Chain Security
Management relevant implementation and monitoring methods. For each Climate-related Risk identified by the issuer explain whether
Describe the practices relating to the identification of environmental the issuer considers that risk to be a climate-related physical risk or a
B5.3 and social risks at each stage of the Supply chain and the relevant Supply Chain Security Climate-related
implementation and monitoring methods. climate-related transition risk. Climate Change Tackling
Describe the practices for promoting the use of environmentally Strategy Risks and – Strategy
B5.4 friendly products and services when selecting suppliers and the Supply Chain Security For each Climate-related Risk and opportunity identified by the issuer Opportunities
relevant implementation and monitoring methods. specify the time horizon over which it could reasonably be expected
Information on the following in relation to health and safety Product Safety and Quality
General advertising labelling and privacy matters relating to products and
to affect the issuer (short medium or long term).Disclosure services provided as well as methods of redress: a. policies; and b. compliance with relevant laws and regulations that have a significant Responsible Marketing
Explain how the issuer defines the short medium and long term and
impact on the issuer. how these definitions are linked to the planning horizons used in its
B6.1 The percentage of total products sold or shipped that were subject to strategic decision-making.B6: Product recall for safety and health reasons.Product Safety and Quality
Responsibility B6.2 The number of complaints received concerning products and services Quality of Customer Describe the current and anticipated impacts of Climate-related Risks and the methods adopted for handling them. Service
and opportunities on the issuer’s business model and value chain.B6.3 Describe the practices relating to the maintenance and protection of Intellectual Property Business Model Climate Change Tackling intellectual property rights. Protection Strategy Descr ibe where Cl imate-related Risks and opportunit ies are
B6.4 Describe the quality inspection process and product recall procedures. Product Safety and Quality and Value Chain – Strategy
concentrated within the issuer’s business model and value chain (for
B6.5 Describe policies on consumer data protection and privacy and the Data Security and Privacy relevant implementation and monitoring methods. Protection example geographical areas facilities and asset types).General Information on: a. policies; and b. compliance with relevant laws and
Disclosure regulations that have a significant impact on the issuer relating to
Business Ethics Whole value chain
Information on how the issuer has responded and plans to respond
the prevention of bribery extortion fraud and money laundering. Development emissions reduction
The number of concluded legal cases regarding corrupt practices in future to material climate risks and opportunities in its strategic
B7.1 brought against the issuer or its employees during the Reporting Business Ethics pathway for hydrogen Development planning and decision-making including how the issuer plans to
B7: Anti- Period and the outcomes of such cases. energy
corruption B7.2 Describe preventive measures and whistle-blowing procedures and Business Ethics
achieve any climate-related targets it has set as well as any targets
the relevant implementation and monitoring methods. Development Strategy and Climate Change Tackling Strategy required to be met under applicable laws or regulations.Business Ethics Decision-Making – Strategy
B7.3 Describe the anti-corruption training provided to directors and
Development
employees. Summary of Key Information on how the issuer currently and in the future plans to
During the Reporting
Performance Indicators resource actions already taken and planned in response to material Period the Company's
Contributions to the
B8: Community Climate-related Risks and opportunities in its strategy and decision- climate transition plan was General Disclosure SocietyInvestment still under way.Rural Revitalisation making.Community Contributions to the
B8.1 Areas of focus for contribution (e.g. education environmental issues Societyemployment needs health culture and sport).Rural Revitalisation
B8.2 Resources deployed in the areas of focus (e.g. money or time). Rural Revitalisation
111 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 112About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Category Sub-category Description Section/Remarks Category Sub-category Description Section/Remarks
How Climate-related Risks and opportunities affect the issuer's Metrics and Climate-related The issuer shall disclose the amount and percentage of assets or Reasonable Information
financial position financial performance and cash flows during the Targets Transition Risks business activities vulnerable to climate-related transition risks. Exemption
Financial position
Reporting Period. Metrics and Climate-related The issuer shall disclose the amount and percentage of assets or Reasonable Information
financial Climate Change Tackling
Where a material risk exists that could lead to a material adjustment Targets Physical Risks business activities vulnerable to climate-related physical risks. Exemption
performance and – Strategy
Strategy to the carrying amounts of assets and liabilities in the relevant
cash flows – Financial Effects Relief Metrics and Climate-related The issuer shall disclose the amount and percentage of assets or Reasonable Information
financial statements for the next reporting year information on the
current financial Capabilities Relief Targets Opportunities business activities associated with Climate-related Opportunities. Exemption
Climate-related Risks and opportunities identified as affecting the
impact Environmental Compliance
issuer's financial position financial performance and cash flows
Management
during the Reporting Period.During the Reporting
How the issuer expects its financial performance to change over the Period the Company’s
Financial Position
short medium and long term having considered its strategy for capital expenditure to
Financial
managing Climate-related Risks and opportunities and taken into address climate-related
Performance and Financial Effects Relief
Strategy account the following. opportunities was
Cash Flows Capabilities Relief
Based on the issuer’s strategy for managing Climate-related Risks and The issuer shall disclose the amount of capital expenditure financing primarily allocated to R&D
– Anticipated Metrics and
opportunities and how its financial performance and cash flows are Capital Allocation or investment allocated to Climate-related Risks and Climate-related investment project
Financial Effects Targets
expected to change over the short medium and long term. Opportunities. investment and the
The issuer’s assessment of its climate resilience as at the reporting establishment of
Climate Change Tackling
date. subsidiaries. The specific Strategy Climate Resilience
– Strategy amount will be disclosed
How and when climate-related scenario analysis is conducted
on a consolidated basis in
The processes and related policies used by the issuer to identify and the 2025 Annual Report
Climate Change Tackling
Risk Management assess Climate-related Risks and opportunities determine their of Beijing SinoHytec Co.– Risk Management
relative priorities and maintain ongoing monitoring. Ltd.The processes used by the issuer to identify and assess Climate- Whether and how the issuer may apply carbon pricing in decision-
related Risks and opportunities determine their relative priorities and As at the end of the making (for example investment decision-making transfer pricing
Climate Change Tackling
Risk Management maintain ongoing monitoring (including information on whether and Reporting Period the and scenario analysis)
– Risk Management
if so how the issuer uses climate-related scenario analysis to identify Metrics and Internal Carbon Company had not applied
The price per tonne of GHG Emissions used by the issuer to assess
climate-related opportunities). Targets Pricing an internal carbon pricing
the cost of its GHG Emissions; or an appropriate negative statement
mechanism in its internal
How the processes for identifying assessing prioritising and confirming that the issuer has not applied carbon pricing in its
decision-making.monitoring Climate-related Risks and opportunities are integrated Climate Change Tackling decision-making.Risk Management
into the issuer’s overall risk management processes and the extent of – Risk Management
that integration.Climate Change Tackling
The issuer shall disclose the total absolute GHG Emissions during the – Metrics and Targets
Metrics and Reporting Period (expressed in tonnes of carbon dioxide equivalent) Reasonable Information
GHG Emissions
Targets broken down into: Scope 1 GHG Emissions; Scope 2 GHG Emissions; Exemption
and Scope 3 GHG Emissions. Summary of Key
Performance Indicators
113 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 114About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
GRI Index
Category Sub-category Description Section/Remarks GRI Standards and
Indicator Content Location in the report
reference number
As at the end of the
Reporting Period the GRI 2: General Disclosures 2021
remuneration policy for 2-1 Details of the organisation Report Guide
the Company’s senior Entities included in the organisation’s
2-2 Report Guide
management was primarily Sustainability Report
linked to the Company’s Reporting Period reporting frequency and
2-3 Report Guide
overall financial contact point
performance operating About SinoHytec
objectives and individual
Activities value chain and other business Industrial Cooperation and Development
The issuer shall disclose whether climate-related considerations may performance and specific 2-6
Metrics and relationships Supply Chain Security
Remuneration be and if so how they are incorporated into remuneration policies climate-related
Targets
or provide an appropriate negative statement. performance indicators Stakeholder Communication
had not yet been directly Protection of Employee Rights and Interests
incorporated into the
Talent Attraction and Retention
remuneration assessment
framework. The Company 2-7 Employees Diversity Equality and Inclusion
will regularly review the Talent Cultivation and Development
alignment between its Occupational Health and Safety
remuneration policy and
2-9 Governance structure and composition Corporate Governance and Compliance
its long-term sustainable
development objectives. Nomination and selection of the highest 2-10 Corporate Governance and Compliance
governance body
The Exchange encourages issuers to disclose industry metrics related 2-11 Chair of the highest governance body Corporate Governance and Compliance
Metrics and to one or more specific business models and activities or industry
Industry Metrics GRI Index Role of the highest governance body in
Targets metrics related to characteristics commonly associated with the 2-12 Corporate Governance and Complianceoverseeing the management of impacts
relevant industry. Delegation of responsibility for managing
2-13 Corporate Governance and Compliance
Climate Change Tackling impacts
The issuer shall disclose the qualitative and quantitative climate-
– Metrics and Targets Role of the highest governance body in
related targets it has established for monitoring the progress of 2-14 ESG Governance Structuresustainability reporting
Metrics and Climate-related The Company's climate-
achieving its strategic objectives and any targets that the issuer is
Targets Targets related targets have not 2-15 Conflicts of interest Protection of Investors’ Rights and Interests
required to meet under laws or regulations including any GHG
yet been certified by a 2-16 Communication of critical concerns Stakeholder Communication
Emissions targets.third party. Collective knowledge of the highest
2-17 Corporate Governance and Compliance
governance body
Statement on the Sustainable Development
2-22 Sustainable Development Philosophy
Strategy
Chairman’s Statement
2-23 Policy Commitment
Climate Change Tackling
2-27 Compliance with Laws and Regulations Individual Sections
2-28 Membership in Associations Industrial Cooperation and Development
2-29 Methods for Stakeholder Engagement
2-30 Collective Bargaining Agreements Protection of Employee Rights and Interests
115 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 116About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
GRI Standards and GRI Standards and
Indicator Content Location in the report Indicator Content Location in the report
reference number reference number
GRI 3: Material Topics 2021 GRI 302: Energy 2016
3-1 Process for Determining Material Topics Double Materiality Assessment 302-1 Energy consumption within the organisation Summary of Key Performance Indicators
3-2 List of Material Topics Double Materiality Assessment 302-2 Energy consumption outside the organisation Summary of Key Performance Indicators
Double Materiality Assessment 302-3 Energy intensity Summary of Key Performance Indicators
3-3 Management of Material Topics
Individual Sections 302-4 Reduction of energy consumption Summary of Key Performance Indicators
GRI 201: Economic Performance 2016 GRI 303: Water and Effluents 2018
Financial implications and other risks and Interactions of the organisation with water as
201-2 Climate Change Tackling 303-1 Usage of Water Resources
opportunities arising from climate change a shared resource
GRI 203: Indirect Economic Impacts 2016 Management of water discharge-related
303-2 Emissions and Waste Management
Innovation-Driven impacts
203-1 Infrastructure investments and support services
Industrial Cooperation and Development 303-3 Water withdrawal Usage of Water Resources
Innovation-Driven 303-4 Water discharge Summary of Key Performance Indicators
203-2 Significant indirect economic impacts
Industrial Cooperation and Development 303-5 Water consumption Summary of Key Performance Indicators
GRI 205: Anti-corruption 2016 GRI 304: Biodiversity 2016
Operations assessed for corruption-related Operational sites owned leased or managed
205-1 Business Ethics Development
risks by the organisation in or adjacent to protected 304-1 Ecosystem and Biodiversity Protection
areas and areas of high biodiversity value
Communication and training on anti-
205-2 Business Ethics Development outside protected areas
corruption policies and procedures
Significant impacts of activities products and
Confirmed incidents of corruption and actions 304-2 Ecosystem and Biodiversity Protection
205-3 Business Ethics Development services on biodiversity
taken
GRI 305: Emissions 2016
GRI 206: Anti-competitive Behaviour 2016
305-1 Direct (Scope 1) GHG Emissions Summary of Key Performance Indicators
Legal actions for anti-competitive behaviour
206-1 Business Ethics Development
anti-trust and monopoly practices 305-2 Energy indirect (Scope 2) GHG Emissions Summary of Key Performance Indicators
GRI 301: Materials 2016 305-3 Other indirect (Scope 3) GHG Emissions Summary of Key Performance Indicators
301-1 Weight or volume of materials used Summary of Key Performance Indicators 305-4 GHG Emissions intensity Summary of Key Performance Indicators
301-2 Recycled input materials used Summary of Key Performance Indicators 305-5 GHG Emissions reductions Climate Change Tackling
Products and their packaging materials 305-6 Emissions of ozone-depleting substances (ODS) Summary of Key Performance Indicators
301-3 Summary of Key Performance Indicators
reclaimed for reuse Nitrogen oxides (NOx) sulphur oxides (SOx)
305-7 Summary of Key Performance Indicators
and other significant air emissions
117 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 118About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
GRI Standards and GRI Standards and
Indicator Content Location in the report Indicator Content Location in the report
reference number reference number
GRI 306: Waste 2020 GRI 404: Training and Education 2016
Waste generation and significant waste- Average Hours of Training per Employee per
306-1 Emissions and Waste Management 404-1 Summary of Key Performance Indicators
related impacts Year
Management of significant waste-related
306-2 Emissions and Waste Management Employee Skills Enhancement Programmes and
impacts 404-2 Talent Cultivation and DevelopmentTransition Assistance Programmes
306-5 Waste directed to disposal Summary of Key Performance Indicators Percentage of employees receiving regular
404-3 Summary of Key Performance Indicators
GRI 308: Supplier Environmental Assessment 2016 performance and career development reviews
New suppliers screened using environmental GRI 405: Diversity and Equal Opportunity 2016
308-1 Supply Chain Security
assessment criteria 405-1 Diversity of governance bodies and employees Board Diversity* Sound Decision-Making
Negative environmental impacts in the supply
308-2 Supply Chain Security GRI 406: Non-discrimination 2016
chain and actions taken
Incidents of discrimination and corrective
GRI 401: Employment 2016 406-1 Diversity Equality and Inclusionactions taken
Rate of new employee hires and employee
401-1 Summary of Key Performance Indicators GRI 413: Local Communities 2016
turnover
Operations with local community engagement
Benefits provided to full-time employees that Contributions to the Society
413-1 impact assessments and development
401-2 are not provided to temporary or part-time Talent Attraction and Retention
programmes Rural Revitalisation
employees
Operations with significant actual and
401-3 Parental leave Talent Attraction and Retention Contributions to the Society
413-2 potential negative impacts on local
GRI 403: Occupational Health and Safety 2018 communities Rural Revitalisation
Occupational Health and Safety Management
403-1 Occupational Health and Safety GRI 416: Customer Health and Safety 2016
System
Assessment of the health and safety impacts
Hazard Identification Risk Assessment and 416-1 Quality of Customer Service
403-2 Occupational Health and Safety of product and service categories
Accident Investigation
Incidents of non-compliance concerning the
403-3 Occupational Health Services Occupational Health and Safety
416-2 health and safety impacts of products and Quality of Customer Service
Occupational Health and Safety Matters: services
403-4 Worker Participation Consultation and Occupational Health and Safety
GRI 417: Marketing and Labelling 2016
Communication
Requirements for product and service
Occupational Health and Safety Training for 417-1 Responsible Marketing
403-5 Occupational Health and Safety information and labelling
Workers
GRI 418: Customer Privacy 2016
Promoting an Occupational Health and Safety
403-6 Occupational Health and Safety
Culture among Workers Substantiated complaints concerning breaches
418-1 of customer privacy and losses of customer Summary of Key Performance Indicators
Preventing and Mitigating Occupational Health
data
403-7 and Safety Impacts Directly Linked to Business Occupational Health and Safety
Relationships
403-9 Occupational Injuries Summary of Key Performance Indicators
403-10 Work-related Health Problems Occupational Health and Safety
119 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER BEIJING SINOHYTEC CO. LTD. 120About SinoHytec Sustainable Development Governance Environmental Section｜Rooted in Abundance Social Section｜Harnessing Momentum for Flourishing Growth Governance Section｜Clarity of Purpose from the Outset Leads to Long-Term Success Outlook｜Setting Sail for Distant Horizons United Nations Sustainable Development Goals Index Summary of Key Performance Indicators
Feedback Form
Thank you for reading SinoHytec 2025 Environmental Social and Governance Report. To enhance our ESG
management capabilities and standards we sincerely invite you to provide valuable comments and suggestions on
this report.
1. Your overall evaluation of the 2025 ESG Report:
Excellent Good Fair Poor Very Poor
2. Do you consider that this report reflects the impacts of SinoHytec’s environmental social and governance
practices on the economy society and the environment
Reflects very well Reflects well Reflects to a moderate extent
Does not reflect particularly well Does not reflect at all
3. How would you assess the clarity accuracy and completeness of the information data and indicators disclosed
in this report
Excellent Good General Poor Very poor
Clarity
Accuracy
Completeness
4. Do you consider the content presentation and layout design of this report easy to read
Yes Fair No
5. What other information or content would you like to obtain from this report:
6. Any other comments or suggestions regarding our work and this report:
You may complete the feedback form and submit it to us by any of the following means:
Correspondence Address: Room C701 7th Floor Block C Building B-6 Zhongguancun Dongsheng Science Park No.
66 Xixiaokou Road Haidian District Beijing
Contact Tel.: 010-62796418
Email: sinohytec@autoht.com
121 LEADING THE HYDROGEN ENERGY INDUSTRY TO BUILD A BETTER FUTURE TOGETHER
沪公网安备31011802005267号
