About the Report
Data Sources and Reliability
Luzhou Laojiao Co. Ltd. (the “Company” “Luzhou Laojiao” or “we”) publishes sustainability-related information All data cited in this report are derived from the Company's official documents statistical reports and financial
annually in a standalone report. statements. All monetary amounts presented in this report are denominated in Renminbi (RMB). The Company
and all members of the Board of Directors represent that the information disclosed herein is true accurate and
Since 2006 the Company has published 19 social responsibility reports and Environmental Social and complete and contains no misrepresentations misleading statements or material omissions.Governance (ESG) reports. This report is intended to provide the government and regulatory authorities
shareholders and investors customers suppliers and industry participants employees the public and other
stakeholders with a true accurate and complete account of Luzhou Laojiao’s efforts and achievements in Terminology Used in the Report
advancing high-quality sustainable development thereby fully addressing stakeholder expectations.For ease of reference and reading the subsidiaries mentioned in this report are referred to by the following
Reporting Scope short names:
This report covers Luzhou Laojiao Co. Ltd. and its subsidiaries. Its reporting scope is consistent with that of the Luzhou Laojiao the Company we refer to Luzhou Laojiao Co. Ltd.annual report.Distillery Company refer to Luzhou Laojiao Distillery Co. Ltd.The park located in Huangyi Town
Huangyi Huangyi Distilling Ecological Park refer to
Basis of Preparation Jiangyang District Luzhou City
The park located in Luohan Town
Luohan Luohan Distilling Ecological Park refer to
* t he United Nations Sustainable Development Goals (SDGs) for 2030 Longmatan District Luzhou City
* T en Principles of the United Nations Global Compact (UNGC) The production base located in Xiaoshi Xiaoshi Distilling Base refer to
Subdistrict Longmatan District Luzhou City
* T he GRI Sustainability Reporting Standards (GRI Standards) issued by the Global Sustainability Standards Board
(GSSB)
* I FRS S1 General Requirements for Disclosure of Sustainability-related Financial Information Reporting Timeframe
* I FRS S2 Climate-related Disclosures
* ISO 26000: 2010 Guidelines on Social Responsibility This is an annual report covering the period from January 1 2025 to December 31 2025. To enhance
comparability and completeness certain information in this report is presented with retrospective reference to
* Chinese Academy of Social Sciences: Guidelines for Corporate Social Responsibility Reporting in China (CASS- previous years.ESG5.0)
* China National Standard: Guidance on Social Responsibility Reporting (GB/T 36001-2015)
Access to the Report
* Shenzhen Stock Exchange (SZSE) Guidelines on Social Responsibility Reports of Listed Companies
* S henzhen Stock Exchange Guidelines No. 1 for Self-Regulation of Listed Companies—Standardized Operation of
Main Board Companies To support a low-carbon and environmentally friendly approach we are publishing this report in digital format.The Chinese and English versions of the report are available on the Company's official website (https://000568-
* Shenzhen Stock Exchange Guidelines No. 17 for Self-Regulation of Listed Companies—Sustainability Reporting en.iryi.com/#/) and CNINFO (www.cninfo.com.cn).(Trial)
01 02Message from the Chairman of the Board During the year we deepened reform and innovation Hongyuan County bringing to life initiatives such as the
further strengthening our development momentum. Garzê Nepal Cultural Street and the collective economy
Guided by the enduring philosophy of "inheriting without project in Sandu Village Renguo Township deepening
being conservative innovating without losing our roots both our industrial assistance efforts and public welfare
and respecting tradition without being constrained by commitments. On the environmental front we actively
it" we proactively embraced the national call to elevate advanced energy structure optimization and efficient
traditional industries toward higher-end intelligent and resource utilization driving the coordinated achievement of
greener development. With "research-led development and pollution reduction and carbon mitigation goals and earned
The year 2025 marked both the successful digital-intelligent empowerment" as our strategic compass recognition as an "Environmental Integrity Enterprise" for
conclusion of the Company's 14th Five-Year Plan and drawing on nine national-level research platforms six consecutive years.and a defining moment of strategic preparation we advanced over 400 scientific research projects
for the journey ahead under the 15th Five-Year resolving dozens of industry-wide challenges including During the year we deepened our brand-building
Plan. Navigating a period of profound industry breakthroughs in functional microorganisms in pit mud and efforts and took the scale of our market to newadjustment and multifaceted challenges we key technologies underpinning the integration of tea and heights. Staying focused on our “Dual Brand Threeremained anchored to our annual corporate theme liquor value chains. We also led or co-authored more than Product Lines and Hero SKU” strategy we delivered a
of "building momentum to tackle challenges 60 national and industry standards further cementing resounding success. In terms of brand elevation National
and pursuing steady growth through meticulous our leadership and influence across the sector. In parallel Cellar 1573 has firmly held its place in the first tier of
operations; adapting to trends and driving we continued to optimize resource allocation and drove China’s high-end baijiu with its scarcity and premium
development through reform and innovation" the digital and intelligent transformation of our three core value winning deep recognition among consumers. The
and delivered meaningful progress across reform business systems of marketing production support and 38° National Cellar has become the industry’s first low-
and innovation corporate governance and brand operations management cultivating new productive forces alcohol hero product to break into the RMB 10 billion tier—
development. to power the Company's high-quality development. an achievement that reflects not only product success but
also our accurate reading of consumer trends. In terms of
During the year we deepened our commitment to brand breadth in the 2024 Liquor Brand Value Rankings
sound corporate governance achieving continuous released by the Hurun Research Institute in 2025 Luzhou
improvements in management effectiveness and Laojiao’s brand value reached RMB 11.5 billion up 28% year
operational efficiency. Through the comprehensive on year ranking first among all brands in value growth for
implementation of our "136 Strategy" we prevailed in the year. From Tequ to the cellar-age series the strength
a successive series of decisive campaigns spanning of our mid-tier portfolio has grown increasingly robust and
market expansion management efficiency enhancement our product mix has become more balanced and resilient.and digital-intelligent transformation. Underpinned by
a robust decision-making framework centered on the With a long journey ahead and strong momentum behind
Party Committee Board of Directors management us we embark once more ready to shoulder even greater
executive meetings and operational coordination responsibilities. Standing at a new historical juncture
meetings we achieved meaningful advances in the Luzhou Laojiao will continue to be guided by ESG principles
digitalization precision and professionalism of our advancing digital transformation championing green
management capabilities. We fulfilled our information brewing practices and deepening our social responsibility
disclosure obligations with rigor and consistency building commitments. We remain resolute on the path of
a transparent and credible listed company profile that sustainable development dedicated to writing a new and LUZHOU LAOJIAO
earned us recognition including the "Best Practice Case compelling chapter of high-quality growth.Secretary of the Party Committee for Board Secretary Offices of Listed Companies" and
and Chairman the "Best Practice Case for Boards of Directors of Listed
Companies." We have also maintained the highest A-rating
for information disclosure for six consecutive years. In
the area of social responsibility we invested over RMB 17
million in targeted support programs for Garzê County and
03 04Message from the General Manager During the year we achieved notable results through improve laying a solid foundation for the development of
refined market cultivation. By uniting our efforts to a digital flagship factory. In parallel we elevated supply
strengthen market development we demonstrated steady chain management by commissioning a smart logistics
and resilient growth amid a complex market environment. center with related projects receiving the industry's First
The National Cellar brand continued to anchor the high- Prize for Scientific and Technological Progress. This enabled
end segment with low-alcohol National Cellar revenue full-chain data integration and seamless cross-functional
surpassing RMB 10 billion. The Luzhou Laojiao brand collaboration giving rise to an efficient and transparent
In 2025 amid a period of deep industry meanwhile strengthened its mid-tier portfolio establishing smart supply chain ecosystem.adjustment and other formidable challenges all a synergistic dual-brand growth structure. Our regional
Luzhou Laojiao employees under the leadership strategies were fully deployed with initiatives including During the year we upheld reform innovation
of the Company’s Party Committee and Board the "100 Cities Plan 2.0" and "East China Strategy 2.0" and compliant operations. By leveraging refined
of Directors worked as one and pressed ahead advancing steadily. The "Double Hundred Project" in management we continuously improved our governance
with resolve. We successfully delivered on all the Sichuan and Hebei was successfully launched and our framework and strengthened risk prevention and control
targets set for the 14th Five-Year Plan achieving distribution network extended further into counties towns providing a solid safeguard for high-quality development.coordinated progress across economic social and villages continuously broadening market coverage We prioritized the Party's political leadership improved
and environmental performance. In 2025 the and deepening penetration. We accelerated the shift joint Party-building mechanisms and achieved integrated
Company posted revenue of RMB 25.731 billion toward digital and intelligent marketing deepened full- outcomes across brand communication resource
and net profit attributable to shareholders of chain QR code-based marketing capabilities and executed coordination and business synergy. We made significant
the parent of RMB 10.831 billion demonstrating seven major thematic campaigns building a robust digital strides in intellectual property protection securing Sichuan’s
strong resilience in the industry’s adjustment channel ecosystem that meaningfully enhanced marketing first data intellectual property registration certificate in the
cycle and bringing the 14th Five-Year Plan to a precision and efficiency. Our membership system was liquor industry and further strengthening our competitive
successful close. further refined leveraging four core customer acquisition edge. Talent development was continuously strengthened
scenarios to grow our member base to nearly 50 million through an enhanced dual-track career development
reinforcing customer loyalty and strengthening brand system and the successful implementation of the "Talent
affinity. Nine-Box Grid" injecting sustained momentum into the
Company's long-term growth.During the year we upheld smart brewing as a
benchmark for quality. We consistently regarded quality Standing at the historic juncture between the conclusion
as the lifeline of the Company remained committed of the 14th Five-Year Plan and the starting point of the 15th
to craftsmanship and advanced the simultaneous Five-Year Plan we will continue to honor our craftsmanship
enhancement of both quality and production capacity. and forge ahead with resolve. With a heightened sense of
Our quality control systems were further strengthened responsibility and a more pragmatic approach to execution
achieving a 100% pass rate in external audits across we are committed to writing a new and distinguished
five major systems including quality and food safety chapter in the Company's development contributing
and earning distinguished recognitions such as "Tianfu greater strength to the high-quality advancement of the
Premium Products." We reinforced our production baijiu industry and to the sustainable progress of society.capacity foundations maintaining organic certification
LUZHOU LAOJIAO for 18 consecutive years steadily advancing intelligent
Deputy Secretary of the Party brewing upgrades and successfully completing the factory
Committee and General Manager digital simulation project. Execution rates for base liquor
production processes and supply assurance continued to
05 06About Luzhou Laojiao
Company Overview Build Six
Systems of
Excellence
Originating in the Ming and Qing Dynasties Luzhou Laojiao Co. Ltd. (Stock Code: 000568.SZ) is a quintessential
representative and industry leader of Chinese strong-aroma Baijiu. The Company is home to the "1573 National Treasure
Cellar Groups" which were established in 1573 AD and have remained in continuous use to this day. These cellars have
been designated as a National Key Cultural Relics Protection Unit by the State Council. Furthermore its traditional brewing Adhere to Five
techniques were among the first to be included in the National Intangible Cultural Heritage List earning them the title of Development
"living cultural relics." The Luzhou Laojiao Archives (1771–1983) were also inducted into the China Archival Heritage List Philosophies
marking the first time a liquor-related entry was included. Today Luzhou Laojiao stands as the only entity in the liquor Building an excellent Building an excellent
industry to hold three prestigious national honors: National Cultural Relics Protection Unit National Intangible Cultural market expansion industrial synergy
Heritage and National Archival Heritage. By building an integrated "living heritage" system of cellars techniques and and consumer Firmly and ecological co-
archives the company vividly embodies its corporate philosophy of "co-distilling with nature coexisting in harmony" rooting innovation system. Pursuing One construction system.its sustainable development in a profound cultural foundation. Development
Goal
Actively responding to the calls of the era Luzhou Laojiao systematically plans its green transformation path with strategic
foresight. By focusing on core areas such as energy transition production process innovation and water resource recycling
the company is committed to building a low-carbon management system across its entire value chain. Leveraging national- Building an excellent
level R&D platforms and centered on "data-driven management and decision-making" the Company continues to drive digital 15th Five-Year Building an excellent cultural empowerment
transformation and intelligent upgrades across all business segments empowering industrial evolution through technological Commit to Development Commit to the organizational and brand a Long-term Philosophy of
innovation. Furthermore the company integrates sustainable procurement responsible marketing and collaborative management system. Vision
Strategy: "165" Symbiosis vitality and talent
community development into its corporate strategy and operations to achieve the dual advancement of economic benefits Strategy development system.and social value. or
ina g
o
n t
l
he a ic go is
The Company continues to optimize its product structure d c strateg hIn 2025 o g
tnsis in
deepen its channel systems and advance its digital Dedication to tently exe
cut Drive for
Quality Innovation
transformation. Demonstrating robust resilience amidst
intense market competition it has achieved high-quality the Company recorded total operating Building an excellent Focus on Building an excellent
sustainable growth. Operating income and net profit have revenue of quality production Value digital-intelligence
maintained steady upward trajectories while market share capacity and supply integration and efficiency
and brand value continue to rise. In 2025 the Company RMB 25.731 billion guarantee system. enhancement system.recorded total operating revenue of RMB 25.731 billion
and a net profit attributable to shareholders of the a net profit attributable to shareholders of
parent company of RMB 10.831 billion. It was honored the parent company of
with titles such as "China's Top 100 Best Employers of
the Year" "Best Board Practice for Listed Companies" " RMB billion
Top 100 Valuable Companies on the Main Board" the " 10.831
Golden Bull Award for Most Investment Value" and "Best
Board Secretary" by New Fortune Magazine.
0708
f "r
lo etn ug rn- int g e to therm blueprint.h
an
c
Unwaveringl
y
hre
e"
industry's top
tCorporate Culture Company Products1
Corporate Philosophy
National Cellar 1573 * Spirit of China
Corporate Philosophy Enterprise Development Philosophy Corporate Spirit
National Cellar 1573 * Spirit of China is a tribute to both China's tangible and intangible cultural
Co-distilling with nature Growing with society Dare to lead the way heritage. This special edition commemorates the inclusion of the 1573 National Treasure Cellars
Coexisting in harmony Thriving with nature Strive and find the joy and Luzhou Laojiao's traditional baijiu-making craftsmanship in the major historical and cultural
Coexisting with humanity Respect every person every post sites protected at the national level (1996) and the National List of Intangible Cultural Heritage
Pursue the new the excellent of China (2006). This exquisite baijiu is crystal-clear with a refined cellar fragrance delicate
aged aroma rich and mellow taste smooth texture and a lingering clean finish embodying the
authentic essence of Chinese baijiu.Corporate Mission Corporate Vision Core Value
2888
Brewing happiness Luzhou Laojiao inspires the world Sincere in character.National Cellar 1573 brings the taste Exacting in craft
of China to the world Faith in quality National Cellar 1573 * Classic
Focus on the consumer
Business Philosophy National Cellar 1573 * Classic originates from the "National Treasure Cellars" built during the Wanli
period of the Ming Dynasty (1573 AD). Crafted using the traditional baijiu-making techniques of
Luzhou Laojiao this premium baijiu is crystal-clear with an elegant cellar aroma a smooth and
mellow taste balanced sweetness and a clean lingering finish embodying the authentic essence
of Chinese baijiu.Strengthening the "Six Qualities" Maintaining the "Five Confidence" Maintaining the "Five Commitments"
Strengthen the spirit of perseverance Maintain confidence in strategy team Remain committed to specialization 1399
vigilance and opportunity and management and excellence a forward-looking and
Strengthen strategic awareness Maintain confidence in quality and pragmatic strategic vision a scientific
integrity and responsibility brand and efficient governance model an
innovation-driven development path Luzhou Laojiao 1952
and harmonious coexistence
Luzhou Laojiao 1952 is a flagship product within Luzhou Laojiao portfolio. It pays tribute to the
brand's recognition as one of China's first "Famous Chinese Baijiu" winners in 1952 incorporating
the essence of five consecutive awards to create an outstanding high-end strong-aroma baijiu. It
stands as a benchmark for the value of premium Chinese baijiu.Carrying Forward "Five Spirits" Promoting the Concept of Condensing the Thought of
"Five Commons" "Five Hearts"
Carry forward the spirit of hard work Shared culture unified standards and Stay true to our original aspiration 780
teamwork and scientific thinking common rules strengthen confidence and uphold
Carry forward the spirit of reform and Expand markets together and craftsmanship Luzhou Laojiao Tequ
dedication overcome challenges together Pursue ambition and act with
compassion Luzhou Laojiao Tequ is regarded as the benchmark of strong-aroma baijiu. Its distinctive bottle
design is inspired by the knife-shaped money used as standardized currency after the unification
Thematic Idea of China under the Qin Dynasty. Recognized as the authentic representation of strong-aroma
baijiu Luzhou Laojiao Tequ holds four prestigious honors: The first strong-aroma baijiu to win
Party Building Culture Integrity Culture Trade Union Culture an international gold medal; the only strong-aroma baijiu to win the "Famous Chinese Baijiu"
title across multiple generations; a key contributor to the establishment of strong-aroma baijiu
Practice our original aspiration Qingfeng national cellar Labor brews happiness standards; and the pioneer of the Tequ baijiu category. This baijiu is world-renowned for its crystal-
Brewing happiness Strong aroma endures clear appearance rich and mellow aroma smooth yet vibrant taste long-lasting aftertaste and
lingering fragrance making it a beloved choice among consumers.Cultural Philosophy Brand Culture Marketing Culture 468
Culture infused in every brew A millennium brand Consumer-centric
Brewing a better life rooted in culture 1 All product prices listed are the manufacturer’s suggested retail prices.
09 10Luzhou Laojiao Tequ 60s Tribute Edition Luzhou Laojiao Black Cap
Luzhou Laojiao Black Cap is a key strategic product crafted using fermentation cellars that account for
Luzhou Laojiao Tequ 60s Tribute Edition is a flagship heritage product of Luzhou Laojiao. In the 91.3% of all heritage-protected cellars in the Chinese baijiu industry. Adhering to traditional solid-state
1960s due to its limited production it was only available with special purchase permits issued grain fermentation and an eco-friendly minimalist distilling philosophy this baijiu is produced using the
by county-level or higher authorities. As a result it was affectionately known as "Old County industry's pioneering "cellar mud inheritance technology". Its quality has been rigorously evaluated by
Magistrate" a highly sought-after baijiu that was nearly impossible to obtain in the early years of experts from the Chinese Academy of Engineering and the China Alcoholic Drinks Association meeting
the People's Republic of China. In 2014 this iconic edition was revived meticulously preserving the the standards of baijiu aged in cellars over 30 years old. With its rich grain aroma smooth and full-bodied
original 1960s Tequ packaging and craftsmanship while featuring Luzhou Laojiao's premium aged texture and lingering sweetness Luzhou Laojiao Black Cap sets a new benchmark for high-quality
liquor. It faithfully recreates the classic taste of the era. The product is exclusively available through simply packaged value-driven baijiu.group-purchase channels with a limited allocation system to maintain its exclusivity rarity and
prestige. 98
498
Luzhou Laojiao Erqu
Luzhou Laojiao Erqu (2025 Edition) arrives as a landmark re-release unveiled in celebration of the 110th
Anniversary of Chinese Luzhou-style Baijiu Going Global. This new edition is a tribute to a century of
Centennial Luzhou Laojiao Jiaoling Baijiu gold award heritage — honoring its legacy upholding its standard of excellence and carrying its story
forward with renewed ambition and a distinctly refined taste profile. As the industry enters an era where
consumers define value expectations around quality flavor and the overall drinking experience continue
In 2011 Luzhou Laojiao pioneered the concept of cellar-aged baijiu leveraging its historic cellar to evolve. In response the 2025 Edition of Erqu has been comprehensively reimagined across four core
resources to introduce a grading system based on the actual age of fermentation cellars. It carefully dimensions: craft liquid composition taste and experience. Guided entirely by the authentic preferences
selected cellars aged 30 60 and even over 90 years to craft China's first named baijiu after its cellar of today's drinkers the expression was developed through multiple rounds of rigorous professional
age—Centennial Luzhou Laojiao Jiaoling Baijiu. This product series includes 30-year 60-year and evaluation and real-world consumer feedback. From an extensive selection of candidate blends only
90-year cellar-aged baijiu. As the first authentic cellar-aged baijiu in China it filled a market gap and the finest made the cut ensuring that every drop meets the exacting standards of the modern baijiu
established itself as the pioneer and leader of the Jiaoling baijiu category marking the beginning of 55 connoisseur.the "Jiaoling Era" in China's baijiu industry.
558 Mingniang Tea-Infused Baijiu
In 2024 marking the 700th anniversary of Luzhou Laojiao's traditional brewing heritage the brand
Luzhou Laojiao Gaoguang introduced an entirely new aroma category to the world of Chinese baijiu — the Tea-Infused.Mingniang Tea-Infused Baijiu is crafted at the intersection of flavor and wellness. Leveraging advanced
Luzhou Laojiao Gaoguang is a flagship strategic brand under Luzhou Laojiao built on the philosophy biotechnology the process extracts premium aromatic compounds and bioactive components from high-
of "luxury in spirit simplicity in form" — a modern approach to understated elegance. The collection altitude Yunnan tea leaves including theanine geraniol and linalool and harmoniously blends them
is dedicated to crafting baijiu of exceptional quality and refined character. Each expression is with Luzhou Laojiao's signature solid-state pure-grain distilled base spirit. The result is a sensory profile
personally conceived by Master Zeng Na the 23rd-generation torchbearer of Luzhou Laojiao's described by an expert panel — convened by the China Alcoholic Drinks Association and led by Chairman
centuries-old brewing tradition embodying a deep commitment to artisanal excellence. In November Song Shuyu — as follows: "Crystal clear in appearance; richly fragrant with tea-infused character; layered
2020 a distinguished panel of 13 national baijiu experts convened to evaluate the Gaoguang with elegant floral fruity and honeyed notes; seamlessly integrated tea and baijiu aromas; full-bodied
range and delivered a unanimous verdict: "Gaoguang lives up to its name — the spirit is clean and yet delicate; sweet aromatic and enduringly long in the finish — a truly distinctive style where the spirit
luminous the product refined and understated. It presents a bright clarity in the glass an elegant 658 is steeped in tea." Beyond its flavor complexity Mingniang Tea-Infused Baijiu is defined by a signature
bouquet on the nose a smooth and silky entry a crisp and refreshing finish and a rich lingering quality: a gentle gradual onset with a swift comfortable recovery making it as easy on the body as it is
698 aftertaste." pleasing to the palate.
New Wine Industry - Whitail Craft Beer 980
Luzhou Laojiao Touqu
Luzhou Laojiao Whitail Craft Beer 980 is brewed using imported Australian malt exclusive yeast and
premium imported hops ensuring exceptional quality from the source. It follows the traditional German
Luzhou Laojiao Touqu is one of Luzhou Laojiao's core heritage products. Since its debut in the ale fermentation method using top-fermenting ale yeast and incorporates a unique "double yeast"
1950s it has been widely recognized for its exceptional quality earning multiple prestigious awards fermentation technique. By selecting high-aroma high-quality fermentation strains this beer undergoes
including the Grand Gold Medal at the Moscow International Spirits Exhibition. Renowned for its rich a slow 35-day brewing process allowing flavors to fully develop. The brewing process adheres to a zero-
mellow and well-balanced profile it embodies the classic strong-aroma baijiu style delivering a additive zero-filtration and zero-dilution standard ensuring a pure full-bodied and rich malt taste. With
harmonious fusion of deep aroma smooth texture and a long-lasting aftertaste. For over 70 years its golden hue creamy and delicate foam and classic German flavor profile the product delivers a truly
Luzhou Laojiao Touqu has remained one of China's most beloved and widely enjoyed baijiu brands. 88 exceptional and authentic craft beer experience.75
11 12Excellence: Guided by Craftsmanship in the Pursuit of Supreme Product Quality
2025 Performance Highlights ● No product recall occurred;
● No food safety incidents occurred;
● Conducted 7412 on-site quality patrol inspections of suppliers' production processes and achieved a 100% resolution rate;
● Achieved a 100% response rate to customer feedback and a 97.18% resolution rate for customer complaints;
Integrity: Building a Strong Governance Foundation for Steady Development ● Conducted 14 customer service-related training sessions reaching more than 1000 participants;
● Conducted 12 dealership customer surveys covering 3038 dealers with a 99% customer satisfaction rate;
● The Board convened 13 meetings with Directors achieving a 100% attendance rate; ● A total of 233 responsible marketing training sessions were delivered to employees and dealers reaching 5672 participants and
● The Company responded to 220 investor questions through the Shenzhen Stock Exchange investor interaction platform held 2 online exceeding 277 cumulative training hours.performance briefings participated in 69 securities firm strategy meetings and organized or joined 63 investor telephone and online
exchange sessions. These activities reached over 1000 representatives from more than 300 domestic investment institutions Cohesion: Bringing Together Diverse Talent to Create Shared Progress
achieving 100% coverage of mainstream securities firms;
● The Company published a total of 108 periodic and interim reports throughout the year and has received the highest "A" rating for ● No incidents of child labor forced labor or discrimination reported;
information disclosure from the Shenzhen Stock Exchange for 6 consecutive years; ● The Company invested RMB 13.94 million in employee training conducted 1814 training sessions and delivered nearly
No corruption lawsuits have occurred; 360781.99 total training hours representing an average of 94.54 training hours per employee;●
●
The Company had signed a cumulative total of 3705 Agreement on Joint Integrity Building with business partners achieving a Annual employee satisfaction rate reached 100%;●
100% execution rate among suppliers and distributors; ● The Company granted major and fixed-amount financial assistance to employees on 1935 occasions and applied for relevant
100% education subsidies for the children of 10 employees. Total assistance provided to employees in need for the year amounted to RMB ● The Company provided Business ethics training to all employees and contractors achieving coverage;
5 1.0319 million;● The Company conducted cybersecurity training sessions with 3718 participants attending online information security awareness
programs. ● Conducted nearly 300 emergency preparedness training sessions and drills with more than 5700 participant attendances.Synergy: Building Collaborative Value Chains to Foster Win-Win Outcomes
Symbiosis: Brewing Sustainable Beauty in Harmony with Nature
● 55 suppliers obtained the ISO 45001 certification for occupational health and safety 60 suppliers obtained the ISO 14001 certification
for environmental management and 73 suppliers obtained the ISO 9001 certification for quality management;
● Calculated the carbon footprints of 14 products and completed a carbon footprint inventory for organic sorghum;
● Conducted a total of 29 anti-corruption and other ESG-related topics training sessions for suppliers achieving 100% coverage of all suppliers;
● Used 6360 MWh of green electricity reducing carbon emissions by approximately 3877 tonnes;
● 68.03% of suppliers are based in Luzhou contributing to 93.06% of the total annual procurement amount while suppliers in
● Invested a total of RMB 33024300 in environmental management of which RMB 12710000 was allocated to the Baijiu Industry Park accounted for 87.6% of annual procurement;
energy-saving and consumption-reduction initiatives;
11 ● R&D investment totaled RMB 0.216 billion accounting for 0.84% of total revenue. The Company has 480 R&D employees ● Conducted emergency drills for typical environmental and safety incidents including wastewater leaks hazardous waste leaks
representing 12% of the total number of employees;
liquor spills and chemical leaks with over 435 employees participating;
21 ● Postdoctoral research station recruited 16 postdoctoral researchers hosted 53 postdoctoral researchers and had cumulatively trained ● Organized environmental protection training sessions including 2 company-wide 6 departmental and 13 specialized sessions
57.5 78 postgraduate interns.totaling training hours and involving 9393 participants;
● Achieved compliant disposal of 45.22 tonnes of hazardous waste and utilized 382742.42 tonnes of general solid waste
with a resource utilization rate of 98.33% for entrusted solid waste; Responsibility: Carrying Forward the Heritage of the Ancient Cellars to Benefit Society
● Reduced energy consumption per unit of product by 1.89% year-on-year exceeding the energy-saving target;
● Invested a total of RMB 13.3762 million in rural revitalization assistance benefiting more than 5000 villagers;
● Decreased water usage by filling service suppliers by 31.30% year-on-year; ● Employee volunteers recorded a total of 2909 participations carried out 138 activities and contributed more than 4300
Conducted over 400 training sessions on organic production management techniques reaching more than 30000 participants. service hours;●
● The Company’s total investment in public welfare initiatives reached RMB 24.71 million including RMB 4.31 million invested in
education philanthropy.
13 142025 Awards and Honors
Top 100 Most Valuable Sunshine Secretary Golden Steed Award for 5A Rating for the Best Practice of the Best Practice in Tianma Award for Excellent Team Award Shareholder Return
Listed Companies on of the Board of China Listed Companies with Fulfillment of Duties of Board of Directors' Investor Relations Investor Relations for Investor Relations Award for Investor
the Main Board Listed Companies Optimal Investment Board Secretaries of Office of Listed Management of Management of Management of Relations Management Value Listed Companies Companies Listed Companies Listed Companies Listed Companies of Listed Companies
Certificate for the SurveyAdvanced Collective for Outstanding Collective in Luzhou Branch of Luzhou Branch of Stable and Qualified National Enterprise Summary and Quality “China Annual Best Committed to Reputation CommitmentEmployer” TOP 100 Awards Employment Promotion in the Luzhou City "Ankang the Sichuan Poverty the Sichuan Poverty Products in National Sichuan Province Cup" competition Alleviation Foundation Alleviation Foundation Quality Inspection Product and Service Announcement for "Stable Quality Integrity and Qualified Products in
National Quality Inspection"
Consumer Rights Protection
Co-establishing Unit "2024 Outstanding Case
of the National Baijiu Selection for Consumer Second Place in the First
Knowledge Competition
"Customer Service Third Prize of
Industry Metrology Dispute Mediation Across Luzhou-Jiangjin ODR Innovation Exemplary Case" China Patent
Special Prize of First Prize of the the Science and
the Technology Science and Technology
and Testing Center Three Areas in Sichuan and Organizations and Smart Solicitation Campaign - Excellence Award Technology Progress Invention Award Progress Award
(Sichuan) Chongqing" - First Prize 315 Platform Enterprises Customer Service Innovation Award
Exemplary Case
15 16Stakeholder Communication
ESG Governance
Luzhou Laojiao has been committed to building strong relationships with its stakeholders. Through well-structured and
diversified communication channels and mechanisms the Company has gained a thorough understanding of stakeholder
Luzhou Laojiao has always upheld the social responsibility philosophy of "growing with society thriving with nature needs and invited all stakeholder groups to participate actively in corporate governance.coexisting with humanity." The Company has continuously refined its ESG management system embedded sustainable
development principles into its strategic planning and daily operations actively responded to stakeholder expectations and Stakeholders and communication channels
fulfilled its corporate social responsibilities through concrete action.Communication Content/Topics of
Stakeholders Communication Approach and Frequency
Concern
ESG Governance Framework ● Compliance operation and risk ● Meetings training (irregular)
management
● Visits and research (irregular)
● Business ethics and anti-corruption
To further strengthen ESG governance the Company has formulated the Rules of Procedure of the Strategy and ESG ● Government and Supervisory communication (irregular)● Supporting local development
Committee of the Board of Directors2 and established a three-tier ESG governance structure spanning decision-making Regulatory Authorities ● Information disclosure (regular irregular)● Corporate governance
management and execution. The Board of Directors as the highest governing body oversees strategic decisions and
● Economic performance and market
supervision. The Strategy and ESG Committee coordinates ESG planning at the management level and reports regularly to performance ● Shareholders' meetings (regular)
the Board. It has established the ESG Project Promotion Office at the execution level implements specific ESG initiatives.● Compliance operation and risk ● Results briefing (regular)
Together these layers have formed a closed-loop governance mechanism from decision-making to implementation and from management ● Information disclosure (regular irregular)
supervision to feedback providing a solid foundation for achieving the Company's sustainable development goals. Shareholders and ● Information disclosure ● Investor meetings (regular irregular)
Investors ● Corporate governance ● Phone email online interaction (real-time)
● R&D innovation
ESG governance framework
● Employee satisfaction survey (regular)
● Staff interviews (regular irregular)
● Employee rights and protection
● Performance appraisal (annually)
Board of Directors ● Occupational health and safety ●
Employees Workers' congress (annually)● Employee training and development
● As the highest responsible body for the management of ESG matters of the ● Internal communication platform (real-time)
Company it assumes full responsibility; ● Employee training and activities (regular irregular)
● Reviewing the Company's ESG strategy and objectives; ● Product safety and quality ● Site visits (irregular)Decision-
● Customer service ●
making level ● Making decisions on major issues of sustainable development of the Company.Visitor reception (irregular)
● Data security and privacy protection ● Consumer hotline (real-time)
Consumers/Clients ● Responsible marketing ● Customer satisfaction survey (regular)
Strategy and ESG Committee ● Responsible drinking ● Company website WeChat official account etc. (irregular)
● Studying and making recommendations on the Company's ● Site visits (irregular)● Business ethics and anti-corruption
sustainable development ESG and other related matters; ● Visitor reception (irregular)● Supply chain management
● Supplier meeting (annual)
Management level ● Reviewing the Company's ESG report and reporting to the ● Partners and Supply Innovation-driven development ●
Board on a regular basis; Industry forums exchange meetings (annually)Chain ● Product safety and quality
● Phone mail online interaction (real-time)
● Coordinating the progress of the Company's ESG-related work.● Addressing climate change
● Green production (ongoing)
● Product carbon footprint
ESG Project Promotion Office ● Carbon emission reduction (ongoing)● Water resources management
● Green operations (ongoing)
● Collecting relevant information and data and schedule ● Environment Packaging and waste management ● Biodiversity conservation (ongoing)
regular meetings; ● Biodiversity conservation
Execution level
● Organizing and implementing the decisions of the ● Public welfare practice activities (irregular)
Strategy and ESG Committee meetings. ● Rural revitalization projects (irregular)
● Community communication ● Volunteer activities (irregular)
● Social contribution ● Daily communication (irregular)
●
Community Rural revitalization
● Company website WeChat official account etc. (irregular)
● Cultural promotional activities (irregular)
●
2 Press conferences media interviews (irregular) https://static.cninfo.com.cn/finalpage/2024-12-25/1222129001.PDF
17 18Double Materiality Assessment Management of Risks and Opportunities Related to Financial
Materiality
In 2025 Luzhou Laojiao conducted its first identification and evaluation of material issues under a double materiality
framework guided by regulatory requirements industry trends and the Company's specific business characteristics and
Time
operating conditions. For each topic on the list the Company assessed and ranked its significance across two dimensions Topic Horizon3 Scope of Impact Risk Opportunity
impact materiality and financial materiality to better respond to stakeholder expectations and provide a clear well-grounded
basis for future ESG strategic planning. Company's own
● Issues resulting from product quality ● Good product quality and safety will
Product operations
Double Materiality Analysis Process and safety such as product recalls legal gain more customers by means of safety & Medium term Upstream and proceedings and decreased consumer word-of-mouth which will enhance
quality downstream of the trust will cause financial losses to the brand trust and market reputation and
Understand the background of company Establish a list of topics value chain
company increase market share
activities and business relationships
We refer to the compliance guidelines of the Shenzhen Stock ● Production shutdowns caused by physical ● Reduction of energy Opportunities for
Exchange mainstream ESG rating frameworks in the capital Company's own risks will lead to increased production improving resource efficiency will lower
We analyze the external environment and in combination market and leading industry practices and combine these with Addressing operations costs maintenance expenses and higher energy costs and generate related
with our business development plans and strategy identify the concerns and expectations of our internal and external climate Medium and insurance expenditures savings
the most relevant stakeholders in our business activities such Upstream and stakeholders. We then adjust and integrate the four topics of change long term downstream of the
as government regulatory agencies suppliers investors and ● Transition risks will result in higher carbon ● Product and service opportunities will “Product Carbon Footprint” “Responsible Drinking” “Employee value chainemployees. emission costs and increased compliance enhance brand competitiveness and Training and Development” and “Industry Progress” from the expenses drive revenue growth
2024 substantive topic list to form the finalized topic list.
Company's own
operations ● Production stagnation and order ● A stable supply chain becomes a
Supply chain Medium term fulfillment failure caused by supply chain competitive advantage helping to Topic report Financial materiality assessment Impact materiality assessment management Upstream and disruption will cause significant financial explore new markets and directly driving
downstream of the losses to the company revenue growth
We summarize the results of both From the perspective of financial impact We prepare an impact materiality value chain
the impact materiality and financial we calculate and analyze how each questionnaire and distribute it to
materiality assessments to create a ESG topic affects our revenue costs stakeholders. We assess topics based Company's own ● Sustainable packaging becomes a
● If the disposal of packaging materials
dual-materiality matrix. We submit and assets. By setting thresholds we on two dimensions—impact (including Packaging operations or waste does not comply with strong brand differentiator attracting
this matrix to the Strategy and ESG select the topics that have a significant scale scope and irremediability) and and waste Medium and environmentally conscious consumers long term Upstream and environmental protection and safety Committee for confirmation ultimately material impact on our business likelihood—to identify those that have management downstream of the regulations fines will be paid increasing
and business partners which will
increase market share and drive
forming the 2025 Luzhou Laojiao dual- operations and financial performance. significant effects on the economy value chain compliance costs revenue growth
materiality matrix for disclosure. society and the environment.Company's own ● Through water-saving technology
● Production restriction or complete recycling and wastewater reuse the
In 2025 Luzhou Laojiao identified and screened a preliminary list of 16 material issues. Among these 5 issues carry dual Water operations
resources Medium and suspension due to water shortage will Group will significantly reduce water materiality. long term Upstream and result in a reduction in the company's consumption per unit product reduce management downstream of the revenue water intake and discharge and directly
value chain reduce operating expenses
Luzhou Laojiao Double Materiality Matrix in 2025
Company's own ● Adopt high-level data security and High Data security operations ● The risk of legal proceedings arising from privacy protection as the core value
and privacy Medium term customer data privacy leakage will lead proposition and brand differentiation
Packaging and Waste Product Safety and protection Downstream of the to increased compliance costs elements to enhance customer trust and Customer Service Management Quality value chain brand premium
Business Ethics and Anti-Corruption Addressing Climate Change Supply Chain
●
Occupational Health and Safety Water Resource Management If the Company fails to protect the rights
● Offering competitive compensation
Employee
Management Company's own and interests of employees it may lead packages will significantly reduce the rights and Medium term operations to lower employee satisfaction brain active turnover rate of core employees protection drain and increased recruitment training and reduce recruitment and replacement
and productivity window costs costs
Compliance Management Social Contribution Employee Rights and Protection Company's own
and Risk Management Innovation- operations ●Lack of consumer attractiveness and loss Innovative technologies and products Biodiversity Conservation Innovation-driven Development
●
Corporate Governance driven Long term Upstream and of market share due to the risk of lagging
will open up new revenue growth points
Data Security and Privacy Protection technological innovation and enhance brand value and premium development downstream of the
Responsible Marketing capabilityvalue chain
Low Importance to Company Finance High
3
Environmental issues Social issues Governance issues Short term: within 1 year; medium term: 2-3 years; long term: more than 3 years.
1920
Impact materiality across economic
environmental and social dimensionsIntegrity
Building a Strong
Governance Foundation
for Steady Development
Luzhou Laojiaohas continuously strengthened its governance
system built a solid compliance foundation incorporated
business ethics and anti-corruption into routine management and
established a systematic risk prevention and monitoring framework.The Company has also advanced information security and privacy
protection guiding the industry toward higher-quality development
through stronger governance capabilities.Corporate Governance 23
Business Ethics and Anti-corruption 28
Data Security and Privacy Protection 35Integrity LUZHOU Environmental Social and LAOJIAO Governance (ESG) Report
Building a Strong Governance Foundation for Steady Development 2025 Luzhou Laojiao Co. Ltd.Corporate Governance The Company has continued to strengthen the Board with a focus During the reporting period
on diversity professionalism and independence in its composition.In selecting Directors the Company considers multiple dimensions
including gender age cultural background educational experience the Board convened
In strict compliance with the Company Law of the People's Republic of China the Securities Law of the People's Republic of professional background technical expertise knowledge structure and
China the Guidelines for the Articles of Association of Listed Companies and other relevant laws and regulations Luzhou tenure. The Company has actively recruited talents with strategic vision 13 meetings
Laojiao has systematically built a governance framework anchored by the Articles of Association the Rules of Procedure and professional capabilities to support rigorous and effective Board
for Shareholders' Meetings and the Measures for Compliance Management4. In 2025 the Company amended the Articles decision-making. As of December 31 2025 the Board consisted of 11
of Association and the Investment Management System in line with the latest exchange requirements and formulated the directors including 6 independent directors. During the reporting period
Market Value Management System to ensure that the corporate governance framework remains fully aligned with regulatory with Directors achieving athe Board convened 13 meetings with Directors achieving a 100%
standards. attendance rate ensuring the effective functioning of the corporate
governance mechanism. 100% attendance rate
The Company has established a governance structure with clear division of powers and effective checks and balances
among the shareholders' meeting the Board of Directors and the operating management. The Board has set up four
specialized committees namely the Strategy and ESG Committee the Nomination Committee the Audit Committee and the
Remuneration and Appraisal Committee to support the efficient performance of its functions. Professionalism Independence and
Professionalism Diversification of Independence
Governance Structure ● The Board of Directors has four the Board ● Among the 11 directors there are 6
special committees including independent directors representing
Shareholders' Meeting the Nomination Committee the 54.5% of them;Remuneration and Appraisal
● The Audit Committee the Nomination
Committee the Strategy and Committee and the Remuneration
ESG Committee and the Audit and Appraisal Committee are
Board of Directors Committee; Diversification chaired by an independent Director
● Among the 11 Directors all members who constitutes a majority of the
have a master's degree or above; ● Includes one female director; members of the Audit Committee
●
Strategy and ESG Nomination Remuneration and ● The members of the Board have The age of the Board members the Nomination Committee and
Audit Committee knowledge in different professional covers different age groups.Committee Committee Appraisal Committee the Remuneration and Appraisal
fields including relevant Committee;
professional experience in risk ● The separation mechanism of the
Management Level management finance and law and positions of chairman and General
some of the Directors are industry Manager is implemented and the
experts. positions of chairman and General
Governance Structure and Responsibilities Manager are not held by the same
person.The Shareholders' Meeting is the highest authority of Luzhou Laojiao. To protect shareholders'
rights and interests the company formulates and implements the Rules of Procedure for the The Company has attached great importance to investor relations management and has committed to protecting the
Shareholders' Meeting in accordance with laws and regulations clarifies key procedures legitimate rights and interests of investors particularly those of small and medium-sized investors through continuous
Shareholders' standardizes operations ensures shareholders participate in decision-making in a "three-public" transparent and effective communication. The Company has formulated a series of internal policies including the
Meeting (open fair and just) environment safeguards their right to know right to participate and right to Information Disclosure Management System and the Investor Relations Management System and has maintained active
vote and protects shareholders' legitimate rights and interests at the decision-making level. engagement with investors through diversified communication channels to promote the shared enhancement of the
Company's value and shareholder interests. For details of the information disclosure and investor relations management
mechanisms please refer to the Corporate Governance section of the 2024 ESG Report.The Board of Directors is accountable to the Shareholders' Meeting and performs its duties in strict
accordance with the Articles of Association and the Rules of Procedure for the Board of Directors. In 2025 the Company responded to 220 investor questions through the Shenzhen Stock Exchange investor interaction
Through its specialized committees including the Strategy and ESG Committee Nomination platform held 2 online performance briefings participated in 69 securities firm strategy meetings and organized or joined
Board of Committee Audit Committee and Remuneration and Appraisal Committee the Board conducts
63 investor telephone and online exchange sessions. These activities reached over 1000 representatives from more than 300
professional work comprehensively and prudently evaluates internal and external factors in domestic investment institutions achieving 100% coverage of mainstream securities firms. The Company also strengthened Directors
decision-making and ensures the scientificity and prudence of the company's major decisions. its overseas investor relations work conducting an institutional reverse roadshow in Europe in mid-September to engage
directly with major overseas institutions and gain deeper insight into their priorities. In terms of information disclosure the
Company published a total of 108 periodic and interim reports throughout the year and has received the highest "A" rating
for information disclosure from the Shenzhen Stock Exchange for six consecutive years. The Company also received the "Best
4 https://static.cninfo.com.cn/finalpage/2025-09-17/1224664327.PDF Practice Case of Board of Directors of Listed Companies in 2025" award from the China Association of Listed Companies.
23 24Integrity LUZHOU Environmental Social and LAOJIAO 2025 Governance (ESG) ReportBuilding a Strong Governance Foundation for Steady Development Luzhou Laojiao Co. Ltd.
Compliance Management
Participated in the SASAC Compliance Management Training
Luzhou Laojiao regards compliance as the cornerstone of sustainable development and has continuously strengthened its
management system to ensure that all business activities strictly adhere to applicable laws regulations industry standards On 26 June 2025 the Company participated in a training session organized by Luzhou SASAC on
and internal policies. The Company has established the Compliance Committee as the leading body for compliance the theme of "Strengthening Compliance Management and Advancing the Modernization of the
management with the Legal Risk Control Center coordinating day-to-day compliance work. The Company has also appointed Governance System and Governance Capabilities of State-owned Enterprises." Senior leaders
a Chief Compliance Officer to provide strong assurance for its healthy and stable development. department heads and employees all took part. The training covered three areas namely an
overview of enterprise compliance management the current state of compliance in state-owned
Compliance Management Structure enterprises and practical compliance management for state-owned enterprises. The session deepened
participants' understanding of compliance principles and strengthened the Company's overall
compliance management capabilities.It is composed of various functional departments and subordinate companies and is
Compliance responsible for organizing leading coordinating and coordinating compliance work
Committee studying and making decisions on major compliance matters and promoting its
coordinated operation with legal internal control risk and other management systems.The Legal Risk Control Center is responsible for the specific implementation and
daily operation of the Company's compliance management system including system
Office
construction compliance review risk handling and support services so as to promote
the effective operation of the compliance management system.Training site
The Company has built a compliance and internal control system anchored by the Compliance Management Measures and
the Basic Standards for Enterprise Internal Control. In key business segments the Company applies legal risk management Risk Management
at the front end to ensure that business decisions remain lawful and compliant. During the year the Company continued to
strengthen the compliance awareness and practical capabilities of all employees through a series of targeted compliance
training sessions. Luzhou Laojiao has built a risk management mechanism covering the entire business process organically integrating
corporate governance enterprise management internal control and audit financial management legal management and
Compliance Training in 2025 discipline inspection into a unified risk prevention framework. This approach ensures that risk management advances in
step with business development and that all business activities and employee conduct fully comply with laws regulations
and internal policies. Through the "Three Lines of Defense"5 risk management model the Company systematically identifies
March 2025 April 2025 assesses monitors and responds to various risks ensuring that operations remain compliant and well-controlled throughout
and laying a solid foundation for sustained and stable growth.Participated in the Training Meeting Organized and attended the first
on Publicity and Implementation training seminar on legality review Risk Management Framework
of Operator Concentration Review in 2025 held by Luzhou Municipal
Policy held by Luzhou Municipal Bureau of Justice
Market Supervision Administration Compliance Committee (Rule of Law Enterprise Management Group)
March 2025 May 2025 Discipline Inspection Legal and Risk Control
Various Departments and Supervision Audit Department
Center
Training on "Advertising Case Analysis" Participated in the public welfare Department
for more than 50 new media operators lecture of "Civil Code into Enterprises"
correspondents and related employees organized by Luzhou SASAC
of the Company 5 Please refer to page 27 of the 2024 ESG Report for details.
25 26Integrity LUZHOU Environmental Social and LAOJIAO
Building a Strong Governance Foundation for Steady Development 2025 Governance (ESG) ReportLuzhou Laojiao Co. Ltd.Business Ethics and Anti-corruption
Luzhou Laojiao upholds sound business ethics conducts business with
integrity and firmly opposes all forms of corruption bribery fraud
monopolistic practices money laundering and unfair competition. The
Company continues to strengthen its internal oversight mechanisms
maintain accessible reporting channels and strictly protect the
confidentiality of whistleblower information while actively fostering
and upholding a fair honest and healthy business environment.Anti-Bribery and Anti-corruption
The Company strictly complies with laws and regulations such as the Supervision Law of the Republic of China and has
systematically established an integrity compliance management system by adopting a series of internal policies including
the "Three Early Warnings and Three Cards" Integrity Alert Mechanism the Regulations on Employee Integrity Compliance
the Measures for Integrity Review in Official Selection and Appointment the Interim Provisions on Middle-Level Official
Risk Management Process Accountability the Several Provisions on Middle-Level Official Integrity Compliance and the Official Management Measures .In 2025 the Company released the Business Ethics and Anti-corruption Policy 6 making explicit its "zero-tolerance" stance
toward embezzlement bribery and similar misconduct. This policy applies to all directors senior management and
Risk identification employees of the Company and its subsidiaries and also encourages all business partners including partners contractors
and suppliers to adhere to the same standards.Organize all departments and affiliated The Strategy and ESG Committee as its highest oversight body responsible for the oversight of the company's business ethics
enterprises to fill out the evaluation and corruption issues. The Business Ethics and Anti-corruption Committee leads the day-to-day oversight of business ethics
questionnaire and collect and analyze it and corporate compliance. Discipline Inspection Committees and subordinate offices have been established within Luzhou
Risk confirmation Laojiao Co. Ltd. Luzhou Laojiao Distillery Co. Ltd. and Luzhou Laojiao Sales Co. Ltd. respectively while dedicated discipline
inspection commissioners have been appointed within primary-level Party Organizations. Together these arrangements form
Further verify the preliminarily selected risk a multi-tiered oversight network embedded across the business enabling full discipline inspection coverage of key business
points to confirm their real existence and processes. During the year the Company was not involved in any litigation related to corruption.specific impact on enterprise operations.Risk analysis In managing business partners the Company continued to advance Joint Integrity Building and through a multi-department
joint review mechanism conducted rigorous ongoing reviews of supplier qualifications to ensure standardized and
Conduct a detailed analysis of the transparent supply chain management. As of the end of the reporting period the Company had signed a cumulative total
identified risks to assess the likelihood of 3705 Agreement on Joint Integrity Building with business partners achieving a 100% execution rate among suppliers and
and potential impact of their occurrence distributors. In addition 7 non-compliant suppliers and 4 individuals from business partner organizations were placed on a
including legal consequences economic permanent list prohibiting future cooperation.losses damage to brand reputation etc.Risk prevention and control
As of the end of the reporting period
Formulate and implement effect ive
prevention and control measures to reduce
or avoid the occurrence of risks and their the Company had signed a cumulative total of achieving a
adverse impact on the enterprise.
3705 Agreement on Joint Integrity 100% execution rate
Building with business partners among suppliers and distributors
In 2025 the Company organized a range of training activities including policy briefings and thematic analysis sessions
which effectively strengthened employees' risk awareness and adaptability. 6 https://www.lzlj.com/esg/policies/11168.html
27 28Integrity LUZHOU Environmental Social and LAOJIAO 2025 Governance (ESG) ReportBuilding a Strong Governance Foundation for Steady Development Luzhou Laojiao Co. Ltd.
Business Ethics Audits Business Ethics Training
The company conducted business ethic audits across all operations sites subsidiaries annually. In 2025 we continued The Company established a tiered and category-based training mechanism on integrity in professional conduct covering
to refine the business ethics and integrity supervision system extending oversight across all business segments and all the Board of Directors Management level and Entry-level employees and enhanced all employees’ awareness of Business
employees. By strengthening political oversight intensifying special supervision in key areas improving routine supervision ethics and anti-corruption through diverse initiatives such as the “Integrity Culture Festival” and coordinated online and
mechanisms building a digital supervision platform and deepening the "discipline inspection and supervision +" joint offline communications. At the same time through activities such as shared discipline learning risk analysis themed co-
prevention and control model the Company further strengthened its safeguards for clean and compliant operations and building events and integrity talks We organized 164 integrity-building activities with business partners including suppliers
fostered a corporate environment defined by integrity and professionalism. and contractors fostering mutual reinforcement mutual learning and shared progress in integrity development. During
the reporting period the Company provided business ethics training to all employess (including part-time) and contractors7
achieving 100% coverage. Of this total the Board of Directors received 66 cumulative hours of anti-corruption training
Anti-corruption Oversight Activities in 2025 Management level received 1080 cumulative hours of training and Entry-level employees received 19800 cumulative hours
of training.Focusing on theoretical study intra-Party political life ideology major policy During the reporting period
decisions and deployments and the fulfillment of responsibilities for Party
Political governance the Company conducted 65 oversight and inspection activities. the Company provided business ethics training to all employess (including part-time) and contractors achieving
Supervision Through assessment notices reminder discussions and rectification follow-up
measures it promoted the effective implementation of the Party’s guidelines
principles and major decisions and arrangements. 100% coverage
the Board of Directors Management level Entry-level employees
Focusing on key areas such as market expenditure bidding and tendering and received received received
engineering projects the Company carried out 13 special supervision activities
Special
and promoted 4 rounds of self-inspection and rectification among primary-level 66 cumulative hours of cumulative Supervision 1080 19800 cumulative
units thereby strengthening the awareness of managers and employees of anti-corruption training hours of training hours of training
accountability and oversight.Series of Business Ethics Training and Awareness Activities
For high-risk operations involving materials disposal scientific research assets
workplace safety and the management of scrapped packaging materials the Thematic Discipline Education Education Through Positive and Negative Cases
Routine Company engaged 72 integrity supervisors and carried out 92 routine proactive
Supervision oversight activities. These efforts generated 22 recommendations and drove To support the implementation of the spirit of the The Company conducted 1088 regular learningimprovements to 8 systems and operational procedures thereby enhancing the Central Eight-Point Rules the Company issued 32 sessions carried out the “Five Mandatory IntegrityCompany’s resilience. sets of study materials produced 6 short videos Talks” for more than 4800 participants and
and organized 82 thematic study sessions reaching organized 18 warning education sessions including
more than 12000 participants. expert lectures and court hearing observations
The Company embedded 132 key pre-approval checkpoints into its systems achieving full employee coverage.developed 5 digital oversight models covering market activities hospitality
Digital
expenses and other areas and established a closed-loop mechanism featuring
Supervision
“digital early warning targeted remediation and corrective improvement” to Tailored Training Programs Themed Series of Activities:
enhance the effectiveness of intelligent supervision. “Brewing Pure Liquor Fostering Integrity”For key groups such as principal officials and young Guided by the theme “Brewing Pure Liquor Fosteringofficials the Company developed 5 tailored courses Integrity” the Company organized 208 events for
The Company improved its coordinated “discipline inspection and oversight established 5 distinctive educational packages and the “910·Integrity First” Cultural Festival released+ functional departments” mechanism and together with 13 functional organized 32 thematic training sessions reaching 56 themed learning modules reaching more than
Coordinated
departments carried out 6 joint inspections focused on major projects key funds more than 800 participants in total. 30000 participants and compiled 37 integrity
Oversight
and procurement including spot checks of 384 contracts. It also refined its education publications and short videos 3 of which
Through Joint
“discipline inspection and oversight + supervision” review mechanism conducting received municipal-level awards.Prevention and
6 rounds of oversight inspections focused on market activities tendering and
Control
procurement which drove improvements to 3 institutional and operational
procedures and further strengthened its long-term control framework.
7 The Company does not employ part-time workers.
29 30Integrity LUZHOU Environmental Social and LAOJIAO
Building a Strong Governance Foundation for Steady Development 2025 Governance (ESG) ReportLuzhou Laojiao Co. Ltd.Family Values-Themed Event — “Drawing on the Three Sus’ Family Tradition to Cultivate Anti-Monopoly and Anti-Unfair CompetitionUpright Values”
Based on relevant laws and regulations including the Anti-Monopoly Law of the People's Republic of China and the Anti-
In January 2025 Liu Miao Secretary of the Party Committee and Chairman of Luzhou Laojiao Unfair Competition Law of the People's Republic of China the Company has developed and implemented internal policies
led 80 participants — including leadership team members newly promoted officials heads of key such as the Employee Code of Conduct and Labor Discipline Management Measures. These policies systematically regulate
departments and representatives of employees’ family members — on a visit to the San Su Shrine in key procedures including trade secrets protection and the handling of rights protection cases and support the creation ofMeishan for the integrity-focused family values initiative “Drawing on the Three Sus’ Family Tradition a standardized transparent fair and equitable operating environment. During the reporting period the Company was notto Cultivate Upright Values.” Through on-site visits special lectures and collective integrity discussions involved in any litigation or subject to any major administrative penalties arising from unfair competition.participants gained a deeper understanding of the Three Sus’ family values and experienced traditional Anti-Unfair Competition Measures
culture through interactive activities.The event closely integrated family values education with integrity development encouraging officials
employees and their family members to foster a culture of probity strengthen the family-based Product Development and Intellectual Property Protection
safeguard against misconduct and channel both the power of family and the force of integrity into
●
the Company’s development. A cross-departmental review process has been established under which business departments submit product development needs and the R&D department prepares the design.● Design drafts are submitted simultaneously to the legal affairs department and the Brand Center for review of intellectual property
compliance and brand resource usage respectively.● The legal affairs and risk control department focuses on reviewing whether product elements comply with applicable regulations
and pose any potential infringement risks.● Upon approval the packaging materials procurement department is responsible for sampling sample sealing and quality assurance
after which the quality management department conducts final testing and validation of the product and packaging materials.“Drawing on the Three Sus’ Family Tradition to Cultivate Upright Values” Event
Compliance Management for Marketing Activities
● For prize-based sales promotions the Company conducts a comprehensive review of the prize structure eligibility requirements
draw methods prize redemption procedures and other relevant information in accordance with the Interim Provisions on Regulating
Thematic Integrity Education Meeting for the Project Development Area Promotional Conduct and introduces notarization procedures where necessary to ensure that such activities are lawful and fair.● Before advertisements are released relevant business departments review advertising copy videos and other content through
On April 15 2025 Luzhou Laojiao convened a special integrity education meeting for the project internal review procedures in accordance with the Advertising Law of the Republic of China the Enforcement Guidelines for Absolute Advertising Terms the Administrative Measures for Internet Advertising and other applicable regulations in order to mitigate non-
development field. Yao Bo Deputy Secretary of the Luzhou City Discipline Inspection Commission and compliance risks.Deputy Director of the Municipal Supervisory Commission was invited to attend and provide guidance.Liu Miao Secretary of the Party Committee and Chairman of the Company delivered a keynote
address titled “Pooling Strength to Build Premium Projects with Integrity Safeguarding Development”
while Chen Xuejun Member of the Party Committee and Secretary of the Discipline Inspection Partner Accountability and Responsibility Management
Committee of the Company provided integrity reminders focused on risks across the full project cycle.During the event We also conducted on-site supervision of the Staff Home project reviewed the “Clean ● The Company signs the Agreement on Joint Integrity Building with suppliers distributors and other partners to clearly define theProject” construction display board and presented project personnel with discipline- and law-related integrity responsibilities of both parties.information packages. In addition We systematically rolled out a distinctive “seven-step integrity ● The Company includes intellectual property and confidentiality clauses in its cooperation agreements to protect its core assets andaction” education program including watching warning education films making public commitments information security.signing a co-construction agreement and appointing supervisors. The event further clarified duty
performance standards and disciplinary "red line" requirements effectively promoting all project
personnel to internalize and act on integrity requirements and laying a solid foundation of discipline
and work style for the high-quality development of the Company’s projects. Special Training Session on Antitrust Compliance
In 2025 the Company organized a policy awareness training session on the review of concentrations
of undertakings and invited antitrust regulatory experts from the Chongqing Municipal Administration
for Market Regulation to deliver a special lecture. The training focused on antitrust risks in business
operations and provided an in-depth analysis of key topics such as turnover calculation filing
procedures review timelines and legal liabilities drawing on relevant laws regulations and practical
Scene from the meeting cases. It effectively enhanced participants' legal awareness and risk prevention capabilities.
31 32Integrity LUZHOU Environmental Social and LAOJIAO Governance (ESG) Report
Building a Strong Governance Foundation for Steady Development 2025 Luzhou Laojiao Co. Ltd.Anti-Money Laundering Whistleblower Protection
The Company strictly complies with the Anti-Money Laundering Law of the People's Republic of China the Measures for
the Administration of RMB Current Accounts with Banks and other applicable laws and regulations. It has formulated and The Company has established the Administrative Measures for Letters and Visits Reporting and has set out whistleblower
implemented internal systems including the Monetary Fund Management Measures and the Bank Deposit Management protection provisions in its publicly disclosed Business Ethics and Anti-corruption Policy with the aim of maintaining open
Measures to regulate the full lifecycle of RMB bank settlement accounts including account opening usage and closure reporting channels for employee oversight and effectively safeguarding the lawful rights and interests of whistleblowers.and has established detailed account management rules to effectively mitigate money laundering risks. In its business To protect whistleblowers the Company strictly enforces its information confidentiality system prohibits the disclosure
cooperation with financial institutions the Company actively supports anti-money laundering efforts such as client of whistleblowers' identities and report details and adopts a zero-tolerance approach to any form of retaliation against
identification and due diligence continuously improves its monetary fund management system and advances the digital whistleblowers. In addition we have established a dedicated post to centrally manage the acceptance approval handling
transformation of fund information management. and feedback of reported matters ensuring standardized operational procedures and timely responses.Anti-Money Laundering Initiatives Conducted in 2025 In 2025 the Company accepted and properly handled 19 petition reports in accordance with applicable laws and regulations
The Company rigorously implements client identification and due diligence procedures and effectively upholding corporate discipline and the fairness of internal governance.●
works closely with financial institutions to ensure customer information is true and accurate
thereby preventing money laundering risks; Letter and Visit Reporting Mechanism
● The Company has established and refined a robust monetary fund management system
to regulate fund flows and usage and enhance management transparency and regulatory
Anti-Money
Laundering compliance;
and Capital ● The Company advances the digitalization of fund management processes to ensure full
Risk Control
System traceability of all accounts and transaction records providing effective support for anti-money
laundering investigations;
● The Company conducts regular anti-money laundering compliance training and awareness
initiatives for employees using materials such as "Supply Chain Financing Risk Cases" and Scope of Letter and Visit Reporting Ways of Petition Reporting Whistleblower Protection and Rewards
"A Bank's RMB 3.3 Billion Loan Fraud Case" to strengthen employees' risk identification and
prevention capabilities. ● Embezzlement misappropriation or ● Report hotline: 0830-2398612; ● The legitimate rights and interests of
deliberate damage to the Company's whistleblowers are protected by law.● Email: jiwei@lzlj.com;
assets; The Discipline Inspection Commission
● In the course of business cooperation the Company enters into agreements with financial ● Address for letter or on-site Office maintains strict confidentiality ● Causing significant losses to the
Contractual institutions in strict accordance with the Anti-Money Laundering Law of the People's Republic reporting: Discipline Inspection over whistleblowers' personal Company through dereliction of duty
Compliance of China and incorporates ESG-related clauses into agreements covering loans bills and other Commission Office Luzhou Laojiao information and report details and ESG or abuse of power; Command Center Nanguang Road and provides necessary protective
Integration matters ensuring that business activities align with national environmental protection and
● Soliciting or accepting bribes or Longmatan District Luzhou City measures to ensure their safety;
industrial policy requirements. kickbacks in any form; Sichuan Province P. R. China;
● If a petition report is verified to
● Malicious disclosure of the ● Online reporting: the "Supervision be substantiated and as a result
The Company has systematically advanced Anti-money Laundering auditing across all companies within its listed corporate Company's core confidential and Reporting" section of the the wrongdoers are subject to
system. Through institutionalized measures including daily monitoring of fund flows monthly bank account reconciliations information for personal gain; WeChat official account "Integrity appropriate disciplinary action or
semi-annual account reviews and clean-up and Anti-money Laundering compliance training the Company has established Luzhou Laojiao". legal penalties and the Company
● Damaging the Company's
full-process oversight of all bank accounts securities accounts and third-party accounts. During the reporting period the successfully recovers or reduces interests through false claims
Company identified 2 audit rectification items all of which were fully addressed by the end of the reporting period achieving economic losses the Company misappropriation abuse of position will grant the whistleblower an
a 100% rectification rate. Meanwhile through mechanism optimization we achieved 100% account reconciliation accuracy for personal gain collusion with appropriate reward in recognition of
closed 28 low-efficiency idle accounts reduced account management risks and strengthened risk controls over third-party external parties or other improper their contribution to the Company's
accounts thereby effectively safeguarding the security of funds. means; corporate compliance.●
The Company also regularly organized specialized Anti-money Laundering training and awareness activities to strengthen Other acts that violate Company
regulations and infringe upon the
employees' understanding of anti-money laundering practices. In 2025 the Company conducted 2 Anti-money Laundering rights and interests of the Company
training sessions achieving 100% training coverage for employees in key positions. No money laundering incidents or related and its employees.violations of laws or regulations occurred during the year.In 2025
the Company conducted achieving No money laundering incidents
2 Anti-money Laundering 100% training coverage or related violations of laws or
training sessions for employees in key positions regulations occurred
33 34Integrity LUZHOU Environmental Social and LAOJIAO Governance (ESG) Report
Building a Strong Governance Foundation for Steady Development 2025 Luzhou Laojiao Co. Ltd.Data Security and Privacy Protection Data Security Governance Framework and Responsibilities
Data Management Committee
Responsible for approving data management strategies targets
Luzhou Laojiao places great importance on information security and privacy protection. By establishing a systematic policy
Decision- roadmaps policies and annual plans as well as additions to and revisions framework and a clear governance structure the Company ensures comprehensive protection of its data and information
making Level of related mechanisms and policies and for overseeing coordinating and assets.resolving major data management matters and issues.Governance Data Management Office
Management Responsible for formulating and implementing data management
The Company strictly complies with applicable laws and regulations including the Cybersecurity Law of the People's Level strategies and plans improving systems and standards and leading efforts
Republic of China the Data Security Law of the People's Republic of China and the Personal Information Protection Law to manage and strengthen cross-domain data capabilities.of the People's Republic of China and has formulated the Measures for the Cybersecurity Management of Industrial
Control Systems. These measures comprehensively regulate personnel the physical environment equipment network
communications security development operation and maintenance emergency response and training supervision providing Business Execution Departments and System Development and
a solid institutional foundation for the security management of industrial control systems. With respect to customer privacy Maintenance Departments
protection we have clearly disclosed our privacy protection policy in the Luzhou Laojiao App and mini-programs and Execution level
Responsible for standardizing the generation management and usage of
established standardized internal data usage and processing procedures.business data; improving data quality; promptly monitoring and addressing
The Company has established an information security management structure headed by the "Network and Information data security and quality issues; supporting the advancement of data
Security Information Management Committee" as its highest governing body. In 2025 the Company set up a Joint Office management initiatives; and implementing data security management.jointly formed by the Party Committee Work Department and the Digital Development Center to further strengthen
cybersecurity management and promote the coordinated advancement and effective implementation of related work. Strategy
Information Security Management Structure and Responsibilities
The Company has developed a Safety management and control blueprint8 and built a systematic security governance
framework around three core areas—Security Management Security Technology and Security Operation. Through the
proactive planning and deployment of a range of security measures it continues to strengthen its information security
defenses.Network and Information Security Committee
● Responsible for implementing network and information security policies organizing and guiding
their execution formulating plans and strategies reviewing relevant systems and policies and
coordinating the resolution of major issues.Security
Technology
Joint Office
● The Party Committee Work Department is responsible for coordinating cybersecurity-related
education and communication efforts as well as and follow-through on implementation. Security Security
Management Operation
● The Digital Development Center is staffed with dedicated information security management
personnel responsible for implementing regulatory requirements advancing security initiatives and
providing operations and maintenance support among other execution-related tasks. Three Core Areas
To enhance the standardization of data management and improve data quality the Company established a three-tier
8
management structure centered on the Data Management Committee creating a unified top-down governance system to Refer to page 34 of 2024 ESG report for details.ensure consistent data standards and reliable quality.
35 36Integrity LUZHOU Environmental Social and LAOJIAO Governance (ESG) Report
Building a Strong Governance Foundation for Steady Development 2025 Luzhou Laojiao Co. Ltd.Management of Impacts Risks and Opportunities
Conducted a Series of Activities for Cybersecurity Publicity Week
To strengthen business continuity management capabilities for cybersecurity and information privacy protection the
Company established a regular prevention mechanism and continued to enhance its security resilience through vulnerability
scanning Cybersecurity Awareness Week activities and the active participation in and organization of a series of hands-on During 2025 Cybersecurity Publicity Week the Company organized a series of activities centered
attack and defense drills. on the theme of “Cybersecurity for the People Cybersecurity by the People” and achieved positive
outcomes.In 2025 We established a routine mechanism for the identification and remediation of cybersecurity risks combining
quarterly vulnerability scans with tiered penetration testing. At the same time We conducted regular scans of key assets Conducting Thematic Learning Activities Under the “Two Talks” Initiative
including servers databases and network services to systematically identify security risks such as weak passwords
and critical vulnerabilities ensuring that all identified issues were rectified promptly and verified through closed-loop The Company organized cybersecurity-themedmanagement. On this basis the Company established and implemented a graded penetration testing mechanism under sessions under the “leaders speaking on managementwhich all newly developed systems are subject to mandatory testing prior to launch while systems already in operation and experts speaking on technology” initiative. The
undergo annual full-coverage testing across business systems apps mini-programs and official accounts. By combining Company’s leadership team delivered presentations at
professional tools with manual verification We completed security testing for more than 100 systems during the year and the frontline while primary-level Party Organizations
achieved effective closed-loop remediation of all identified high- medium- and low-risk vulnerabilities comprehensively promoted cybersecurity knowledge through activities
enhancing the Company's proactive cyber defense and risk control capabilities. such as the “Three Meetings and One Class” and
During the reporting period the Company conducted five cybersecurity training sessions with 3718 participants attending “workshop Party classes” achieving full employee
online information security awareness programs effectively enhancing employees’ awareness of cybersecurity and participation and effectively enhancing employees’ The Company’s large display screen broadcasting
information security protection. understanding of the cybersecurity landscape and cybersecurity awareness materials
their protective skills.During the reporting period
Extensive Online and Offline Awareness Efforts
the Company conducted with
The Company actively fostered a strong cybersecurity awareness atmosphere through a variety of
5 cybersecurity training sessions 3718 participants attending online information security channels including display boards handbooks videos and posters. We organized Party member
volunteer service teams to visit Shuanggui Community where they conducted public-interest
awareness programs
awareness activities and provided on-site consultation for residents with a focus on identifying online
scams protecting personal information and preventing cyber fraud. The event effectively enhanced
Participation in the “Six Cities of Southern Sichuan” Cybersecurity Attack and Defense Drill cybersecurity awareness among Community residents and was widely welcomed generating positive
feedback.In June 2025 the Company participated as the defending party in the "Six Cities in Southern Sichuan"
Network Security Attack and Defense Drill. During the drill attackers used account passwords through
attack methods to log into the Smart Marketing System and triggered a secondary authentication alert
while attempting to access the desktop cloud. The on-duty team immediately initiated emergency
response procedures and contained the attack through measures including IP blocking privilege
reduction and password resets. No major security incidents occurred during the exercise and the
Company successfully completed its defense task. Following the drill the Company implemented
corrective actions across five areas including threat intelligence collection broader adoption of multi-
factor authentication and full life cycle data management thereby comprehensively strengthening its
cybersecurity defenses. Event Highlights
Metrics and Targets
During the reporting period
the Company recorded and
"Six Cities in Southern Sichuan" Network Security Attack and Defense Drill no cybersecurity incidents no data security or privacy security breaches have occurred
37 38Symbiosis
Brewing Sustainable Beauty
in Harmony with Nature
We regard the ecological environment as the foundation of our
brewing operations and are committed to addressing climate
change through systematic approaches managing energy and
resources from a life cycle perspective transforming packaging
materials and Waste Management through circular economy
principles and extending sustainable practices to the very source of
raw material cultivation. This reflects not only our firm commitment
to China's "Dual Carbon" goals but also Luzhou Laojiao's solemn
pledge as an industry leader to preserve a healthy and thriving
natural environment for future generations.Addressing Climate Change 41
Environmental Compliance Management 50
Packaging Materials and Waste Management 58
Energy and Resource Management 63
Sustainable Agriculture Practices 67Addressing Climate Change Strategy
In response to the severe challenges posed by global climate change Luzhou Laojiao actively supports China's "Dual Carbon" Guided by the vision of “Build a 'Zero-Carbon' Laojiao Let the World Savor China” Luzhou Laojiao has systematically
strategy by integrating climate risk management into corporate governance and long-term planning. Through systematic established its “1+3+6+N Carbon Peak Action Framework.” Focusing on three dimensions—greener transformation greener
mitigation and adaptation measures the Company is committed to reducing the carbon footprint of its operations and value growth drivers and a greener community—the Company has rolled out six major initiatives including optimizing the
chain and contributing Luzhou Laojiao's expertise and capabilities to global climate governance. energy mix advancing digital and intelligent production and strengthening value chain collaboration alongside a range of
specific measures. On this basis the Company continues to refine its carbon management mechanisms increase resource
Governance investment strengthen talent development and steadily advance low-carbon transformation across the entire value chain.Luzhou Laojiao has established a climate change management system under which the Chairman assumes ultimate Luzhou Laojiao’s “1+3+6+N Carbon Peak Action Framework”
leadership responsibility for climate change-related matters while the Board-level Strategy and ESG Committee serves as
the highest decision-making body responsible for overseeing such matters. The Company has also put in place a three-tier
management structure covering the "Decision-making level - Management level - Execution level" to ensure closed-loop
management throughout the entire process from strategic planning to operational execution.Climate Change Management Framework 1 Vision Build a “Zero-Carbon” Laojiao
Let the World Savor China
● Strategy Planning: Define the Company's overall objectives and long-term direction for
addressing climate change ensuring alignment with its overall development strategy;
"Carbon" "Carbon" "Carbon"
Strategy ● Supervision and Evaluation: Oversee the achievement of climate change-related targets and Exploration Pursuit Aspiration
Decision- 3 Dimensions
making Level and ESG conduct regular evaluations with optimization and adjustments made as needed;
Green Green Green
Transformation Momentum Community
Committee ● R eview and Guidance: Regularly receive reports from management on climate change-
related work review assessments of climate-related risks and opportunities and provide
strategic guidance.Pollution Digital-
6 Actions Energy Green Reduction Intelligent Strengthen Build Low- Value Chain & Low-Carbon & Carbon Production Low-Carbon Carbon Green
Transformation Synergy for Carbon Benefit Support Management Transformation
Action Enhancement Reduction Action Demonstration Action
● Implementation and Coordination: Execute the climate change policies and strategic Action Action
initiatives formulated by the Strategy and ESG Committee and coordinate their
implementation;
● Objective Setting: In line with the Company's strategy establish clear climate change Raw & Auxiliary Production Stage Packaging Distribution Disposal
Ecological management objectives and implementation paths; Materials Stage Stage Stage
Environment ● Establish green ●
Research on carbon reduction ● Sustainable smart ● Full clean energy ● Recycling of
Management ● Departmental Collaboration: Coordinate cross-departmental collaboration in an integrated supply chain technologies including packaging for in-enterprise waste heat water
Level Protection manner and advance the implementation of climate change measures across business N+ Initiatives system electrode boilers and ● Assess carbon transportation resources distiller's
● Low-carbon air-source heat pumps footprint at the ● Low-carbon grains and sludge
Committee operations; sorghum ● Smart energy packaging design promotion ● Biogas recovery
● Green logistics ● Conduct CCUS end-of-pipe stage ● ... ● Packaging material
● Data Management: Systematically collect integrate and analyze climate change-related ● ... treatment research ● ... recycling
data to support management decision-making; ● Build green intelligent brewing ● ...demonstration plants
● Capacity Building: Organize climate change training and awareness activities to enhance ● ...employees’ awareness and capacity to act.
3 Guarantees Carbon Management System Construction + Financial Support + Talent Development
● Implementation Planning: Implement specific action plans to ensure that all measures are
effectively carried out in day-to-day operations;
Office of the ● Process Monitoring: Continuously monitor the implementation of climate management
Ecological measures and promptly identify and address issues arising during implementation;
Execution
Level Environment ● Data Collection: Systematically collect raw climate change-related data to ensure information
Protection is accurate and complete; Based on the unique characteristics of our business operations the Company proactively identifies and explores the risks and
Committee ● Reporting and Feedback: Regularly report work progress to the Ecological Environment opportunities brought by climate change actively enhances our adaptability to climate shifts and takes concrete actions to
Protection and ESG Committee and provide recommendations for improvement at the minimize the negative impacts of climate change on our business activities. We employ scenario analysis to assess potential
execution level. physical and transition climate-related risks and opportunities across our operations integrating the evaluation results into
our strategic planning and considerations.
41 42Climate Change Risk Identification and Response Measures
Risk Type Risk Description Response Measure Risk Type Risk Description Response Measure
● Facility reinforcement: Strengthen and upgrade key production facilities ● Fluctuations in energy prices and the prices of
warehousing systems and supply chain nodes against disasters
● Damage brewing facilities raw and auxiliary materials may if not effectively including through the construction of flood control works and the
warehousing systems power managed by the Company result in rising costs and ●
Management upgrade: Strengthen strategic procurement
reinforcement of wind-resistant structures to enhance infrastructure
systems and supply chain nodes increased pressure on profitability. and energy management and establish a dynamic cost climate resilience.resulting in production disruptions management mechanism.●
and reduced revenue. Diversification of supply chain: Optimize raw material sourcing and Market risk
● As consumers' environmental awareness continues
Acute risks establish a diversified regionalized supply system to mitigate the risk to grow they are placing higher demands on the
● Green products: Advance the R&D of green and low-
● Disrupt raw material supply; for
(extreme of supply disruptions caused by extreme weather. green attributes of products. If enterprises fail to carbon products and strengthen product carbon footprint example sudden floods may
weather ● inundate industrial parks while Emergency preparedness: Develop and regularly conduct drills for
respond to market demand in a timely manner management.events such comprehensive business contingency plans to ensure timely response they may face declining market share and reduced prolonged heatwaves may reduce
as floods raw grain yields. in the event of emergencies. Transition revenue.hurricanes ●
Disrupt transportation networks Risk transfer: Mitigate potential financial losses from climate-related
risks
extreme ●
affecting the timely delivery of risks and reduce the impact of extreme weather events on business
● Strengthening communication: Establish a regular
precipitation
products to market. operational stability and financial conditions through the allocation of communication mechanism with stakeholders and keep and risk transfer instruments such as property insurance.Lead to regional energy supply ● heatwaves) ● If the Company's performance in addressing climate
them informed in a timely manner of the Company's
●
constraints resulting in unplanned Employee protection: Optimize the management of work in high- change (such as carbon emissions performance) progress in green development.temperature conditions and implement measures such as reasonable Reputation production shutdowns and adversely
affecting employee health and safety shift scheduling improvements to the working environment and the
fails to meet stakeholders' expectations it may
risk ● Information disclosure: Proactively communicate the
adversely affect the Company's brand identity and Company's sustainable development philosophy as well
as well as the stable operation of provision of personal protective equipment to effectively safeguard
production equipment. employees' occupational health.market reputation. as its actions and achievements in energy conservation
●
Physical risks Provision of supplies: Stock emergency materials for extreme weather
emission reduction and greener lower-carbon
response such as backup power supplies and flood-control sandbags. development.● Varietal optimization: Cultivate climate-adaptive sorghum and wheat
● Rising temperatures may alter the varieties for brewing that are resistant to high temperatures drought
growth cycles of raw materials used and saline-alkaline conditions.for brewing such as sorghum and ● Technical optimization: Develop climate-smart forecasting models and
wheat while rising sea levels may supporting meteorological service mini-programs; dynamically optimize Identification of Climate Change Opportunities and Response Measures
lead to soil salinization potentially sowing schedules and planting area planning based on site-specific
affecting the stability of raw material weather forecasts and early warning data for each base; and improve
Chronic risks quality and the consistency of raw material quality through precision management of nitrogen
(drought rising product flavor. fertilizer application and pest and disease control thereby effectively Opportunity Type Opportunity Description Response Measure
temperatures ● Rising temperatures will increase reducing meteorological disaster risks and improving sorghum yield and
sea-level rise cooling demand during the brewing quality stability. ● Technological collaboration: Partner with universities
etc.) process resulting in higher energy ● Process optimization: Optimize equipment and process parameters and research institutions on R&D to enhance
consumption and related costs. to enhance the brewing system's resilience to the impacts of climate ● Advance the circular economy and improve resource technologies for the resource utilization of waste.● Climate change-induced fluctuations change. Resource efficiency utilization efficiency to reduce operational costs
in temperature and humidity may ● Energy-efficient cooling: Optimize refrigeration system operations and improvement enhance resource security and achieve synergistic ● Industry chain expansion: Work with upstream and
affect product storage conditions reduce the energy consumption of the circulating cooling water system environmental and economic benefits. downstream partners to build a circular economy
increasing quality management risks through more precise management. system and enable the efficient circulation of
and cost pressures. ● Intelligent warehousing: Upgrade storage facilities to enable intelligent resources across the industry chain.monitoring and precise control of temperature and humidity.● By optimizing brewing processes and developing low- ● R&D and innovation: Analyze customer needs and
● The introduction of stricter carbon packaging and environmentally friendly raw strengthen R&D for low-carbon products and product
government policies on carbon R&D and innovation for low-
● Clean production: Adopt energy-efficient distillation technologies and materials reduce emissions build a differentiated category innovation.emissions control will increase carbon product developmentwaste heat recovery systems among other measures to increase the product portfolio enhance market competitiveness ●
companies' investment in carbon Technology upgrades: Explore energy-saving adoption of renewable energy and reduce energy consumption and
reduction and their regulatory and ultimately drive revenue growth. technologies to reduce the product carbon footprint.carbon intensity in production.compliance costs.●
Policy and Carbon emissions management: Establish a carbon emission Environmental protection policies ● Low-carbon cultivation: Work with core suppliers to ●
legal risks management system conduct carbon footprint accounting for impose more stringent requirements jointly develop and implement low-carbon cultivation products set relevant targets and explore pathways toward carbon ● By deepening collaboration with suppliers logistics
on energy-intensive and high- standards and advance climate-smart agriculture neutrality.emission baijiu production stages partners distributors and other value chain practices.such as distillation prompting ● Policy monitoring: Closely monitor policy developments formulate Value chain collaboration participants to jointly build a low-carbon supply chain
● Low-carbon logistics: Work with logistics partners
companies to increase investment a carbon peaking plan and proactively plan emissions reduction system strengthen climate resilience across the entire
Transition risks in process upgrades and emissions measures. value chain and reduce carbon-related costs. to optimize logistics routes promote clean-energy
control. vehicles and circular packaging and reduce carbon
emissions from logistics operations.● As progress toward the "Carbon ● Technology R&D: Increase investment in clean production technologies Policy response: Actively seek policy support and ●
Neutrality" target continues deepen collaboration with research institutions and reduce the cost of funding subsidies for green manufacturing energy-
requirements for greener and lower- ● By leveraging policy incentives such as tax benefits low-carbon technology R&D. saving technological upgrades and other related
Technological carbon technologies are becoming and green finance together with the rapid growth of
● initiatives.risk increasingly stringent requiring Digital factory development: Accelerate smart upgrades to production Policy and market the green consumer market the Company advances
enterprises to invest more in equipment and develop digital demonstration factories. clean production and the green upgrading of its ● Product differentiation: Launch product lines certified
acquiring or upgrading energy-saving ● Technology tracking: Continuously monitor developments in emerging products creating new growth opportunities. for carbon footprint and establish communication
and emission-reduction equipment. technologies and assess their potential applications across the industry. mechanisms to engage consumers on green
consumption.
43 44Symbiosis LUZHOU Environmental Social and LAOJIAO Governance (ESG) Report
Brewing Sustainable Beauty in Harmony with Nature 2025 Luzhou Laojiao Co. Ltd.Management of Impacts Risks and Opportunities 2025 Greenhouse Gas Emissions Data
Category Unit Data of 2025
Luzhou Laojiao has fully integrated climate risk management into the Company’s overall risk management system. Guided by Direct GHG emissions (Scope 1) tCO e 106713.30
national policies industry trends and the Company’s strategy it uses science-based methodologies to identify risks assess 2
impacts and implement tiered management based on assessment results thereby establishing a routine and dynamic Indirect GHG emissions (Scope 2) tCO2e 25107.36
climate risk management framework. Total GHG emissions (Scopes 1 and 2) tCO2e 131820.66
Climate Risk Management Process GHG emissions intensity (Scopes 1 and 2) tCO2e /million gross industrial output value 10.48
2025 Scope 39 Carbon Emissions Data
● Based on national policies and regulations listing rules and the Company’s operational 0.55% 4.88%
Identification realities the Company systematically identifies climate change-related risks through methods 1.08%
such as scenario analysis policy tracking stakeholder interviews and industry benchmarking. 12.52% Purchased goods10 and services
Upstream transportation and distribution of goods
0.17%
● Identified risks are assessed both qualitatively and quantitatively across two dimensions: 80.80% Business travel
impact materiality and financial materiality. Employee commuting
Assessment
● Based on the assessment results risks are classified and prioritized by level (e.g. high medium Downstream transportation and distribution of goods
and low) key climate risks requiring prioritized action are identified and these risks are
incorporated into the Company’s overall risk management system. Product end-of-life phase
● For risks at different levels the Company develops differentiated response strategies including Product Carbon Footprint
measures related to adaptation and mitigation transformational innovation and integration
into governance while assigning management responsibilities to specific departments and Luzhou Laojiao has continued to advance refined carbon management practices. In accordance with ISO 14067:2018
personnel. Greenhouse Gases — Carbon Footprint of Products — Requirements and Guidelines for Quantification and using the Life Management Cycle Assessment (LCA) methodology the Company systematically quantified emissions throughout the entire product
● The Company establishes regular monitoring reporting and review mechanisms to periodically lifecycle of core products covering raw material acquisition production sales and disposal. On this basis the Company
update the climate risk inventory and response measures enabling dynamic closed-loop risk further extended the carbon footprint accounting boundary to raw materials and completed a carbon footprint inventory for
management and continuous improvement. organic sorghum thereby further strengthening the carbon emissions data foundation across the entire value chain.Carbon Footprint of Core Products11
Carbon Footprint of Organic Sorghum
Metrics and Targets 66.78% 13.78% 61.76% 0.30%
To systematically assess the effectiveness of its climate change response efforts
Luzhou Laojiao has with reference to the methodological framework of the Science 4.41%
Based Targets initiative (SBTi) the national Action Plan for Carbon Dioxide Peaking
Before 2030 and the Company's Carbon Peaking Action Plan established a 37.94%
quantitative carbon management indicator system covering the entire value chain
taking into account industry characteristics and the Company's actual operating 15.03%
conditions and formulated phased and traceable emissions reduction targets.Carbon emission reduction targets
Raw material production Product manufacturing stage Raw material sourcing Product manufacturing
and acquisition stage stage stage
Product distribution stage Product waste disposal stage Transport (delivery) stage
Reduce carbon
emissions per unit of Achieve carbon peak
output value by 10% by before 2030. 9 The accounting is conducted in accordance with the ISO 14064-1:2018 standard.
2026 compared to 2020. 10
Greenhouse Gas (GHG) The calculation primarily includes purchased goods.Verification Statement 11 The core products mainly include 14 items such as 52% vol. Centennial Luzhou Laojiao Jiaoling Baijiu 30 Years (2017 Five-
Code Pack)
4546
Short-term
target
Long-term
targetCarbon Reduction Across the Industry Chain Carbon Reduction Practices in Production
The Company is committed to building a sustainability-oriented low-carbon system spanning the entire industry chain. While
● Implemented a motor energy efficiency improvement plan and in 2025 completed the
continuing to advance emissions reduction in the production process it has extended its carbon reduction practices across replacement of 4 high-energy-use motors saving 630000 kWh of electricity and reducing
the full value chain including raw material procurement logistics warehousing and distribution and terminal operations. carbon emissions by 336 tonnes;
Through systematic management and technological innovation the Company works collaboratively with upstream and
downstream partners to reduce carbon emissions and enhance the environmental benefits of the industry chain as a whole. ● Replaced 11 high-energy-use transformers with new S14 energy-efficient transformers saving
approximately 120000 kWh of electricity annually and reducing carbon emissions by 64 tonnes;
In 2025 the Company furthered its understanding of carbon emissions across the entire industry chain and collected data on
● Carried out energy-saving upgrades to its filling line equipment replacing 824 traditional
material consumption energy usage and other relevant information from 17 core packaging material suppliers. conveyor motors with high-efficiency integrated motors resulting in annual electricity savings
of approximately 580000 kWh and electricity cost savings of RMB 460000.Electricity
Raw Material Procurement Stage
We extend our green development philosophy to the very beginning of the supply chain systematically advancing carbon
reduction in the raw material stage through the cultivation of organic sorghum and building a raw material supply system
that is environmentally friendly and resource-efficient.Carbon Reduction Practices in Raw Material Procurement
Promote Organic Cultivation Establish Green
Procurement Standards ● Brewing Center 7 at the Luohan Distilling Ecological Park implemented a waste heat recovery
Centrally procure and distribute retrofit for its distillation system reusing high-temperature water after heat exchange in the ●
free of charge fertilizers that are ● Incorporate energy conservation boiler system. During the year 48800 tonnes of high-temperature water were recovered and
100% organically certified with and emission reduction into the reused saving 249100 cubic meters of natural gas and reducing carbon emissions by 545
all raw materials sourced from supplier evaluation system set clear tonnes.regenerative agriculture and requirements for suppliers in areas
sustainable resources; such as the production environment Thermal
pollution control measures and
● Procure pest and disease control transportation methods and reduce Energy
products that comply with organic carbon emissions from upstream raw
standards and are made entirely material suppliers.from natural raw materials.Implement Digital Management Conduct Carbon
Emissions Monitoring
● Leverage the digital farm system
to implement full-process digital ● Track and quantify carbon emissions ●
management of sorghum cultivation across stages such as sorghum
The wastewater stations in Luohan and Huangdi recovered and utilized biogas which was
and the distribution and use of cultivation storage and raw material
transported to the energy center for heating. During the year total biogas recovery reached
procurement to provide data support 3.5352 million cubic meters reducing carbon emissions by 51352 tonnes.organic inputs optimize resource
allocation and improve energy for the continuous improvement of
efficiency. cultivation models and the reduction
of the agricultural carbon footprint.Biomass
Production and Manufacturing Stage
We continue to advance energy conservation and carbon reduction across the production and manufacturing process.Focusing on electricity thermal energy and biomass energy we implement systematic upgrades through energy mix
optimization energy recycling and reuse and improvements in facility energy efficiency thereby substantially reducing
carbon emissions during manufacturing.
47 48In 2025 Luzhou Laojiao’s Intelligent Packaging Center implemented
measures such as utilizing renewable energy improving electricity
efficiency and offsetting carbon emissions. It successfully passed Environmental Compliance Management
the audit conducted by the internationally recognized certification
body Centre Testing International Co. Ltd. (CTI) and obtained
verification and certification under the ISO 14068-1:2023 standard. Luzhou Laojiao upholds the Environmental Management Philosophy that "Happy life originates from green production" and
This officially made it a carbon-neutral factory. follows the environmental protection management principles of "regulatory compliance clean production energy efficiency
and continuous improvement." The Company has established an environmental compliance management system covering
the full value chain and all business operations and continues to optimize key areas such as pollutant management to drive
In 2025 Luzhou Laojiao its green development.Purchased green electricity reducing carbon emissions Environmental Management
certificates totaling by approximately Carbon Neutrality Carbon Offset
Certification Certificate
6360 3877 Centered on the three pillars of institutional development risk prevention and control and capability enhancement the MWh tonnes Company continues to advance environmental protection from compliance-driven operations to strategic guidance thereby
reinforcing its environmental management system.Logistics and Transportation Stage
Environmental Management System
The Company continues to advance the low-carbon transformation of its logistics operations with a focus on on-site
operations and urban distribution. By promoting cleaner forklifts intelligent equipment and more consolidated distribution it We strictly comply with applicable laws and regulations including the Environmental Protection Law of the People's
systematically reduced carbon emissions across the logistics and transportation segment. Republic of China and the Regulations of Sichuan Province on Environmental Protection. Guided by internal policies such
as the Environmental Management Manual the Collection of Environmental Protection Management Systems and the
Carbon Reduction Practices in Transportation Environmental Protection Responsibility System and Assessment Management System we have established a well-structured
environmental management framework with clearly defined responsibilities as well as a three-tier environmental governance
Electrification of Intelligent Upgrading of
Distribution Network Consolidation structure featuring unified leadership by the Ecological Environment Protection Committee overall coordination by the Office
On-site Vehicles Loading Equipment of the Ecological Environment Protection Committee (i.e. the Ecological Environment Protection Center) and implementation
by functional departments and production units.Al l 7 diesel fork l i f ts were The Company introduced 3 electric The Company advanced urban distribution projects
replaced with electric forklifts intelligent loading devices on a pilot in 29 key cities and by 2025 had completed the
reduc ing ca rbon d iox ide basis achieving a loading efficiency of delivery of over 1.5 million pieces cumulatively. Environmental Governance Structure and Responsibilities
emissions by approximately 1200 pieces per hour. While improving Orders were delivered within 24 hours with 15%
24 tonnes for the year and operational efficiency these devices fulfilled within 7 hours. While enhancing the Chaired by the Chairman who serves as the primary person
effectively lowering on-site also reduced energy consumption and customer experience the Company also reduced
Decision-making Ecological Environment Protection accountable for environmental management it provides mobile source emissions. carbon emissions in the loading process. carbon emissions through route optimization and Level Committee
consolidated delivery. overall leadership for the Company's environmental
strategy and targets.Distribution Center and Store Operations Stage Responsible for coordinating and advancing environmental Management Office of the Ecological Environment
Level Protection Committee protection work across the Company and for conducting
By leveraging intelligent technologies and integrated management the Company effectively improves energy and resource daily supervision.utilization in logistics distribution and store operations thereby reducing operational carbon emissions. Staffed with dedicated environmental protection personnel
Implementation Functional departments and who are responsible for implementing the Company's
Carbon Reduction Practices for Distribution Center and Store Operations Level production units environmental management requirements.The Company rolled out fully automated unmanned loading unloading and delivery technology The Company continued to strengthen its target-oriented responsibility system for environmental protection. Led byDeploy for packaging materials nationwide. Through App-based instructions autonomous delivery by the Ecological Environment Protection Center the Company strictly adhered to the management principle of “sharedUnmanned unmanned vehicles and electronic waybill management it enabled precise coordination acrossDelivery Systems accountability between Party and government and dual responsibilities for each post” set annual ecological environment the "goods-distribution station-unmanned vehicle-central warehouse-production line" chain protection targets and cascaded them through each level to ensure responsibilities were assigned across all levels and
reducing the number of delivery vehicles by 50% and doubling efficiency. processes. During the year the Company organized 31 departments (units) to sign target responsibility agreements and
The Company completed its annual planning for warehousing resource allocation and inventory conducted regular oversight through semi-annual and annual performance assessments to ensure the effective achievement
Advance Green levels at non-local transit warehouses while continuing to advance racking upgrades at of environmental protection targets.Upgrades in
Warehousing third-party warehouses. These efforts improved warehouse space utilization and operational In 2025 the Company was not subject to any major administrative penalties imposed by ecological environment authorities
efficiency while reducing energy and resource consumption. or other relevant departments nor was it held criminally liable as a result of environmental incidents.
49 50In 2025 Luzhou Laojiao The Company conducts systematic emergency drills across multiple business segments including packaging brewing and
health baijiu covering typical environmental and safety incident scenarios such as wastewater leaks hazardous waste leaks
Invested a total of baijiu leaks and chemical leaks in order to comprehensively test and strengthen emergency response capabilities at each
stage. In 2025 the Company carried out a total of 11 emergency drills involving more than 435 employees.The Company has RMB 33.0243 million in
obtained ISO 14001
Environmental environmental management
Management System Special Emergency Drill for a Baijiu Leakage Incident
certification including
In June 2025 Luzhou Laojiao organized the Liquor Design and Management Center to conduct a
RMB 12.71 million in energy special emergency drill for a baijiu leakage incident at the Huangyi Distilling Ecological Park. The drill
conservation and efficiency upgrades simulated a sudden leak during loading and unloading operations at the baijiu warehouses effectively
testing the full emergency response process from incident reporting and leak control to perimeter
security evacuation and environmental risk control. It also significantly enhanced employees' practical
Environmental Risk Prevention and Control response skills and risk awareness providing a solid safeguard for the Company's workplace safety
and risk prevention.We strictly comply with national and applicable local environmental protection laws and regulations in the locations where
we operate and have established and continuously refined internal systems such as the Management System for Laws and
Regulations on Ecological Environmental Protection and Evaluation of Environmental Factors the Information Reporting and
Emergency Management System for Environmental Emergencies and the Management System for Investigation and Control
of Potential Environmental Hazards. In doing so we have built an environmental risk prevention and control mechanism
covering identification monitoring assessment and management.Environmental Risk Prevention and Control System
● The Company has strengthened its dual prevention mechanism for risk classification and control as well as hazard
identification and rectification by conducting comprehensive inspections specialized inspections and routine
inspections on a regular basis thereby continuously improving the efficiency of hazard identification and remediation. Emergency Drill
In 2025 the Company conducted 12 comprehensive and specialized hazard inspections and more than 76 routine
inspections;
● The Company has improved a multi-dimensional monitoring network that integrates automated monitoring third-party
Environmental manual monitoring and internal manual monitoring systems enabling real-time monitoring and dynamic management
Risk Monitoring of pollutant discharge and ensuring that emissions remain consistently compliant with applicable standards; Conducted 2025 Comprehensive Environmental Emergency Drill
Mechanism ● In response to the requirements of the Department of Ecology and Environment of Sichuan Province the Company
comprehensively advanced the standardized development of the environmental emergency management framework
of “one letter one list and one card.” Through the step-by-step signing of the Letter of Commitment on Environmental On November 24 2025 Luzhou Laojiao together with Xinglu Wastewater Treatment Company
Safety Responsibility it strengthened accountability at all levels. It also prepared the List of Environmental Risk
Prevention and Control Measures covering 17 risk units to specify risk substances and response procedures and conducted a comprehensive environmental emergency drill at the Luohan Distilling Ecological Park. The
developed 22 department-level the Emergency Response Cards to ensure responsibilities were assigned to designated drill simulated the full emergency response process for wastewater management at the Luohan base
posts and emergency response was managed in a closed loop thereby systematically enhancing its emergency under negotiated discharge arrangements during severe weather conditions in the flood season along
management capabilities for environmental incidents. the Luzhou section of the Yangtze River covering early warning issuance process control adjustments
corporate coordination and emergency pipeline repairs.● The Company had established and implemented the Compliance Identification and Evaluation List for Ecological
Environmental Protection organized relevant departments to carry out compliance assessments and on-site This drill enhanced the Company's coordinated prevention and control capabilities for environmental
inspections and prepared the Evaluation Report on Ecological Environmental Protection Compliance. This enabled
Environmental a comprehensive review of its adherence to environmental regulations and based on the assessment results the risks under extreme conditions and provided the industry with a model for collaborative response to
Risk Assessment Company developed targeted improvement measures to continuously strengthen environmental management complex environmental risks.Mechanism capabilities at the local level;
● The Company regularly conducts environmental risk assessments across all production areas dynamically classifies risk
levels and develops and implements targeted risk control measures to ensure that all environmental risks remain under
effective control.● The Company has prepared environmental risk assessment reports and emergency resource investigation reports
for environmental emergency incidents and filed them with the competent regulatory authorities in accordance with
applicable requirements;
Emergency ● In accordance with the requirements of the Luzhou City Emergency Preparedness for Severe Pollution Weather
Response to (2024 Revision) and other relevant documents the Company has established an emergency response mechanism for
Environmental severe pollution weather and developed corresponding control measures for the three warning levels—red orange
Risks and yellow—covering construction dust boiler operations air emission-related processes and vehicle transportation
thereby ensuring the effective implementation of emergency emissions reduction requirements; 2025 Comprehensive Environmental Emergency Drill Site
● The Company regularly conducts environmental emergency drills to strengthen the response and incident-handling
capabilities of its emergency teams and enhance their practical preparedness for sudden incidents.
51 52Environmental Protection Capacity Building
Luzhou Laojiao consistently treats environmental protection capacity building as an important pillar of greener development. Luzhou Laojiao integrates environmental protection culture into the core of its corporate development. Through ongoing
Focusing on knowledge enhancement skills strengthening and the integration of environmental protection culture the communications systematic knowledge sharing and diversified practical activities the Company continues to foster a strong
Company continues to build a highly capable and forward-looking environmental protection talent pool through systematic culture in which everyone cares about environmental protection and all employees actively participate helping transform
training hands-on drills and themed competitions providing sustained momentum for the long-term advancement of environmental protection from an institutional requirement into a conscious employee practice and reinforcing the cultural
ecological environment protection. foundation for greener corporate development.Environmental Protection Culture Initiatives at Luzhou Laojiao in 2025
In 2025 Luzhou Laojiao
conducted environmental including company-level department-level
training sessions sessions sessions
● To mark key occasions such as “National Low-Carbon Day” and “June
21 2 6 Ongoing Thematic 5 Environment Day” the Company displayed promotional materials in Communications more than 70 high-traffic areas across its operations fostering a strong
atmosphere of employee-wide participation in environmental protection.specialized sessions total duration participants
13 57.5 hours 9393
● The Company prepared and issued its first Ecological Environment Protection
Handbook providing a systematic overview of its environmental protection
achievements and management requirements to enhance employees’
Training on Enhancing Corporate Environmental Governance Capacity awareness and understanding of environmental protection.Systematic
●
Knowledge The Company developed a Safety and Environmental Protection PocketbookOn September 26 2025 Luzhou Laojiao organized a specialized training session on enhancing Sharing featuring a content structure that combines “general knowledge + position-specific topics” making it easy for employees to reference and learn fromcorporate environmental governance capacity under the theme of “Targeted Training for Stronger at any time. This helped establish an environmental protection knowledgeGovernance.” The session featured Qin Dongcai a national expert in ecology and the environment management system covering all employees all positions and all
and was attended by more than 100 participants including the Company’s deputy General Manager operational procedures.Director of Safety and Environmental Protection heads of various departments and environmental
protection personnel.The training covered Xi Jinping Thought on Ecological Civilization emerging developments in ● The Company organized five themed events including "Eco-Environmental Protection Main
environmental protection key compliance management priorities and past case studies. It supported Theme Film Screenings" and "Beautiful Luzhou Laojiao I Am the Presenter" attracting more than
the shift in environmental protection management from a “compliance-driven” to a “strategy-driven” 3000 participations in total collecting over 20 outstanding submissions and generating more
approach while strengthening employees’ capabilities in environmental risk identification prevention than 140000 "Green Sprout Points" effectively enhancing participation in and the impact of
environmental protection initiatives.and control.● The Company held the "Youth Philanthropy · Environmental Protection Market" circular reuse event
for used items featuring interactive activities such as second-hand item exchange blind-box ring
toss and an environmental protection prize wheel. The event encouraged employees to take part
in offline green lifestyle practices and promoted both the reuse of used items and the spread of
Diversified environmental awareness.Activities
Training on Enhancing Corporate Environmental Governance Capacity
53 54Wastewater Management 2025 Wastewater Discharge Performance
The Company has established the Water Pollution Prevention and Control Management System under which the Ecological Indicator Unit Data of 2025
Environment Protection Center exercises unified oversight and management responsibilities forming a well-structured
routine water pollution prevention and control framework with clear accountability. Total wastewater discharge Tonnes 1307370.28
We have built and operate wastewater treatment systems at the two major brewing ecological parks in Huangyi and Luohan COD emissions Tonnes 277.69
using an integrated process of "pre-treatment + anaerobic treatment + aerobic treatment + advanced treatment" supported
by biogas recycling odor control sludge disposal and intelligent central control modules. This ensures that effluent quality BOD emissions Tonnes 37.79
consistently meets the requirements of the Discharge Standard of Water Pollutants for Fermented Alcohol and Distilled
Spirits Industry (GB 27631-2011) while advancing wastewater treatment in a coordinated manner with resource utilization Ammonia nitrogen emissions Tonnes 15.09
and cleaner production and continuously improving the overall effectiveness of water pollution prevention control and
treatment. Total phosphorus emissions Tonnes 11.50
Resource Utilization of Distilling Wastewater Waste Gas Management
In 2025 Luzhou Laojiao advanced the implementation of a negotiated discharge agreements Luzhou Laojiao strictly complies with the Emission Standard for Air Pollutants for Boilers the Emission Standard for Air
mechanism for distilling wastewater under which distilling wastewater is used as a supplemental Pollutants for Thermal Power Plants the Integrated Emission Standard of Air Pollutants and other applicable standards."carbon source" for municipal wastewater treatment delivering dual benefits in pollutant reduction The Company has established and implemented its internal Air Pollution Prevention and Control Management System with
and resource utilization. Following implementation the Company is able to provide downstream the Ecological Environment Protection Center assuming unified oversight and management responsibilities to ensure the
wastewater treatment plants with a stable annual supply of approximately 900 tonnes of "carbon systematic implementation of air pollution control efforts and clear accountability.source" creating a sustainable governance model that enhances environmental and operational The Company continues to improve its waste gas treatment management system to ensure the stable and efficient operation
benefits in a coordinated manner. of all treatment facilities with pollutant emission indicators consistently outperforming national standards. In practice
the Company has extensively adopted low-nitrogen combustion technology and flue gas recirculation systems effectively
Luohan Distilling Ecological Park Wastewater Treatment Station reducing the intensity of nitrogen oxides emissions. To address waste gas from fugitive emissions it has also conducted trials
of enclosed spreading and cooling processes to minimize dispersed steam escape during production thereby continuously
Distilling Pre- Anaerobic Aerobic Advanced Online monitoring enhancing the overall effectiveness of waste gas treatment.wastewater treatment treatment treatment treatment system
Biogas recovery and utilization Green Upgrades to Line-Haul Transport Vehicles Effectively Reduce Waste Gas Emissions
Discharge into Advanced In 2025 Luzhou Laojiao worked with logistics suppliers at the Luohan Distilling Ecological Park and natural water UV disinfection AAO Pre-treatment
bodies treatment the Intangible Cultural Heritage Inheritance Center to systematically advance green upgrades to its
transport fleet ensuring that all heavy-duty freight vehicles used for transporting raw and auxiliary
Municipal Wastewater Treatment Plant materials hazardous goods and hazardous waste fully met China VI or higher emission standards
thereby reducing air pollutant emissions from mobile sources during road transportation.Schematic of the Negotiated Discharge Arrangement for Distilling Wastewater
Waste Gas-Related Emission Reduction Targets
Wastewater-Related Emission Reduction Targets12
By 2026 reduce the total ammonia nitrogen discharged into the external environment from the Luohan By 2026 reduce the nitrogen oxide emission By 2030 reduce the nitrogen oxide emission
Distilling Ecological Park by 30% compared to 2024. concentration in boiler exhaust gases at the concentration in boiler exhaust gases at the
Huangyi Distilling Ecological Park by 20% Xiaoshi Distillery Base by 60% compared to
compared to 2022. 2025.
12 T he calculation is based on the pollutant concentration of the effluent discharged by the downstream wastewater
treatment plant into the receiving water body.
5556
Short-term
target
Short-term
target
Long-term
target2025 Air Pollutant Emission Performance
Indicator Unit Data of 2025 Packaging Materials and Waste Management
Total waste gas emissions Cubic meters 824753910.59
Guided by the principles of "green circular and low-carbon development" Luzhou Laojiao systematically advances
Particulate matter Tonnes 0.10
packaging material reduction and waste recycling. Focusing on material innovation process optimization and the
Sulfur oxides emissions Tonnes 0.60 development of circular systems the Company continues to reduce its environmental footprint and build a green closed-loop
system spanning the entire lifecycle of design production use and recycling.Nitrogen oxides emissions Tonnes 24.70
Smoke and dust emissions Tonnes 0.45 Packaging Material Management
Upholding its green development philosophy Luzhou Laojiao is comprehensively advancing the environmentally friendly
Control of Noise and Other Pollutants transformation of the packaging process by establishing dedicated management bodies and end-to-end standards systems formulating and implementing the green packaging strategy systematically managing potential operational risks and
continuously tracking quantitative targets.Luzhou Laojiao has incorporated the prevention and control of noise odors and other pollutants into its environmental
management system. In accordance with national environmental protection standards the Company has established internal Governance
policies including the Management System for Prevention and Control of Environmental Noise Pollution and systematically
implemented source control and process-based pollution management. In the procurement of packaging materials decisions are guided by the Company’s management meeting with oversight
provided by the Procurement Supervision and Management Department and procurement executed by the Packaging
In noise management the Company strictly complies with the Law on Noise Pollution Prevention and Control of the People's Material Purchasing and Supply Center thereby continuously strengthening a scientific and precise packaging materials
Republic of China. Through measures such as adopting low-noise equipment installing vibration-damping devices and assurance system.strengthening equipment maintenance and operating procedures it ensures that plant boundary noise levels consistently
outperform national standards. In odor control the Company applies technologies such as enclosed collection with covers Strategy
and biofilters to reduce the generation and dispersion of odor-causing substances at the source. In 2025 the Company
maintained a 100% compliance rate for noise and odor emissions ensuring long-term and effective control of environmental
impacts. The Company has established a green packaging strategy to reduce the environmental impact of its packaging and is
pursuing systematic optimization focused on resource conservation pollution prevention and control and circular utilization
with the aim of enhancing the packaging function’s ecological benefits while improving economic impact.Green Packaging Strategy
Optimizing packaging design Greening packaging transformation
Reduce packaging’s reliance Promote the circular utilization
on natural resources through of packaging materials and
improved packaging design foster a green packaging
and material selection. industry chain.Enhancing recyclability Promoting green packaging
Reduce packaging waste Communicate environmental
generation and promote the awareness through greener
use of biodegradable and packaging and encourage
recyclable materials. consumers to adopt green
lifestyles.
57 58Management of Impacts Risks and Opportunities
Packaging Upgrade Initiatives Under the Luzhou Laojiao Industrial 4.0 Project
We have fully embedded packaging material management into the corporate Risk management framework systematically identifying
potential risks and opportunities associated with packaging materials in strategic execution and day-to-day operations and applying
targeted controls across materials carriers design and production processes. In 2025 the Luzhou Laojiao Industrial 4.0 project carried out a systematic optimization of product
packaging structures fully eliminating cardboard inserts pads and outer PE plastic bags. Based on
Packaging Material Management Initiatives annual production estimates the project is expected to reduce the use of approximately 700000
sets of cardboard inserts 7 million pads and 42 million PE plastic bags each year equivalent to
Elimination reducing corrugated paper consumption by approximately 462 tonnes and PE plastic consumption by
of plastic ● Through material innovation ink optimization and upgrades to printing processes the Company has fully approximately 126 tonnes. This has significantly enhanced the environmental profile of the Company’s
strapping eliminated plastic strapping for outer packaging reducing PE plastic use by approximately 1156 tonnes
for outer per year. products and promoted the supply chain’s transition toward lighter and greener packaging.packaging
● By deploying standardized smart carriers in conjunction with automation equipment production line
efficiency has increased to 15000-18000 bottles per hour improving loading unloading and transfer
Promotion of efficiency while reducing the risk of breakage-related pollution.standardized
recyclable ● The Company has fully rolled out standardized recyclable carriers provided by specialized third-party Metrics and Targets
carriers companies for unified use in packaging and transport. Damaged carriers are centrally collected for reuse
and this initiative is expected to reduce the use of approximately 3.5 million reusable shipping cartons
each year. Luzhou Laojiao proactively sets packaging recycling and reduction targets driving green optimization and efficient utilization
of packaging materials through technological innovation and refined management practices. In 2025 for its Industrial 4.0
product lines (National Cellar Series Cellar Age Series Tequ Laozihao Series and Nostalgia Series) the Company reduced the
Standardization
●
of bottle By optimizing the internal structure of bottle caps the Company addressed technical challenges such as use of PE plastic bags by 42 million cut cardboard inserts by approximately 700000 sets and decreased pads by 7 million
neck and cap bottle neck breakage and the low-temperature issue known as “stacked teeth” enabling standardized sheets thereby significantly cutting down on packaging material consumption.structures compatibility between bottle caps and bottle necks across multiple products.Adoption a
●
greener starch- The Company used starch-based adhesive in corrugated cartons paper bags paper boxes and other packaging products improving environmental performance while significantly enhancing production Target Progressbased adhesive
process efficiency and packaging safety.With 2025 as the baseline year the Company In 2025 the share of renewable content in
aims to increase the proportion of renewable packaging was 32.9%
● The Company continues to focus on the experimental exploration and practical application of eco-friendly
materials driving the green transformation of the packaging industry. Pilot initiatives involve replacing content in packaging to 38% by 2030.traditional packaging with environmentally friendly materials (such as biodegradable plastics recycled
paper plant-based fibers etc.). By comparing the differences between eco-friendly and conventional
packaging the Company aims to communicate the concept of "prioritizing eco-friendly packaging" to With 2025 as the baseline year the Company In 2025 the Company attained a packaging
consumers and promote the development of "green choice" consumption habits. Previously relevant tests aims to achieve a packaging recyclability rate of recyclability rate of 54.83%.have been conducted on processes such as biodegradable paper tray models. The Company is currently
exploring the feasibility of eliminating film coating on gift boxes to reduce the use of plastic materials. 60% by 2030.Packaaina
circulation and ● The Company is actively exploring the feasibility of implementing environmental labeling on product
recvclina packaging as a means to intuitively and clearly convey green development concepts to consumers. By
using legible fonts and distinctive color schemes the Company ensures that consumers of all age groups
can easily recognize the labels balancing environmental considerations with practicality.● In product packaging design the Company is exploring the secondary use of packaging materials. Packaging material consumption in 2025
Through clever integration of design concepts different packaging materials are endowed with reusable
functions guiding consumers to reduce the discarding of packaging waste achieve circular utilization
and avoid environmental pollution caused by improper disposal. The use of single-use packaging is also
being minimized to reduce the generation of packaging waste at the source. Indicator Unit Data of 2025 Indicator Unit Data of 2025
Glass consumption Tonnes 112080.71 Plastic consumption Tonnes 8457.95
The Company continues to advance the green transformation of the supply chain by extending environmental protection
management across the value chain. All packaging material suppliers are required to strictly comply with the Company’s policies Metal consumption Tonnes 415.74
and standards and to collaborate on the R&D and application of greener materials jointly building an environmental protection Other packaging materials Tonnes 3711.43
system spanning procurement production and logistics. We have established 11 safety and environmental protection management consumptionCeramic consumption Tonnes 1237.61
evaluation indicators and together with third-party institutions conduct audits of packaging material suppliers’ production processes Total packaging materials
raw material use and environmental risks. Based on these audits we issue the Report on Proposals for Environmental Protection Wood and paper Tonnes 67585.67 Tonnes 193489.11consumption
Production of Packaging Materials to drive continuous improvement in environmental performance across the supply chain. consumption
59 60Waste Management
Demonstration Project for Coupled Utilization of Energy and Resources from Distilling Waste
Luzhou Laojiao places great importance on standardized end-to-end waste management. Guided by clear targets theCompany has strengthened its governance system advanced its environmental management strategy and implemented In 2025 Luzhou Laojiao completed the demonstration project for the “Coupled Utilization Technologydedicated waste management measures to establish a full-chain governance model covering waste generation treatment for Thermochemical Energy Conversion and Resource Recovery from Distilling Waste” with a total
and resource utilization thereby delivering both environmental benefits and economic impact. investment of RMB 71 million. The project has the capacity to process 100000 tonnes of distilling
waste per year and incorporates an intelligent coupled system integrating drying pretreatment energyGovernance13 conversion and brewing processes. Through the integrated “thermochemical biochar-soil improvementmaterials-green cultivation” technology the project generates more than 4000 tonnes of biochar
annually. Its pyrolysis gas can also replace more than 3 million cubic meters of natural gas each year
The Company strictly complies with applicable regulatory requirements including the Management System for Transfer delivering carbon emission reductions of more than 10000 tonnes.Manifests of Hazardous Waste the Standard for Pollution Control on Hazardous Waste Storage the Regulations of Sichuan
Province on Prevention and Control of Environmental Pollution by Solid Waste and the Notice on Enabling Electronic
Management Ledger for General Industrial Solid Waste. It has also formulated and implemented internal systems such as the
Standardized Management System for General Solid Waste the Standardized Management System for Hazardous Waste
and the Operation Management System for Pollution Prevention and Control Facilities ensuring systematic and standardized
management of solid waste and hazardous waste from generation through final disposal.Strategy
We have developed a waste management strategy to drive the shift from "end treatment" to "source reduction and high-
value utilization" converting by-products such as distiller's grains into high-value resources including feed and fertilizer
and thereby turning waste into useful resources. By building a green closed-loop model integrating "brewing-recycling- Demonstration Project for Coupled Utilization of Energy and Resources from Distilling Waste
agriculture" we ultimately transform environmental protection investment into sustainable competitive advantage and
economic benefits.Metrics and Targets
Management of Impacts Risks and Opportunities
Waste-Related Emission Reduction Targets Solid Waste Discharge Performance in 2025
To effectively manage waste-related risks and opportunities the Company applies end-to-end management to solid
waste including classified collection standardized storage and professional disposal. It has also established a solid waste Indicator Unit Data of 2025
management information system covering all operations enabling digital tracking and record-keeping across the entire
process from generation and transfer to disposal. In the management of hazardous waste the Company strictly implements Total hazardous waste Tonnes 45.22
the transfer manifest system and entrusts qualified third-party institutions with compliant disposal ensuring full-process By 2026 reduce the total discharge
traceability and verifiability. For general industrial solid waste the Company actively promotes comprehensive utilization sludge production at the Total non-hazardous waste
projects including reusing spent grain and recycling waste pit mud to improve the level of waste resource utilization. Luohan Distilling Ecological
Tonnes 389784.62
discharge
Park by 30% compared to Hazardous waste Tonnes/million gross industrial
2024. discharge intensity output value 0.004
Non-hazardous waste Tonnes/million gross industrial
discharge intensity output value 31.00
In 2025 Luzhou Laojiao
compliant disposal volume of hazardous waste was the comprehensive utilization volume of
45.22 general solid waste reached tonnes 382742.42 tonnes
the resource utilization rate for entrusted solid
waste treatment was
13 The waste management framework is the same as the environmental governance framework. 98.33%
6162
Short-term
targetWSR Energy-Saving Technology Retrofit Project for the Grain Steaming Machine at the
Energy and Resource Management Huangyi Distilling Ecological Park
In 2025 Luzhou Laojiao carried out a WSR energy-saving
technology retrofit for the grain steaming machine at the
Luzhou Laojiao has incorporated energy and water resource management into the overall framework of Green Operation. Huangyi Distilling Ecological Park enabling the recovery and
Guided by the core approach of “structural optimization efficiency improvement and circular utilization” the Company reuse of thermal energy from exhaust gas through heat
systematically advances lean energy efficiency management and intensive water use to further enhance the overall exchange and steam recovery processes. The technology
efficiency of energy and resource utilization. converts waste steam into fresh steam that meets process
requirements after purification and pressurization. At the same
time it reduces energy consumption and through condensation
Energy Management lowers particulate matter emissions and VOCs in the exhaust gas. In 2025 the project reduced steam consumption by WSR Energy-Saving Technology Retrofit
approximately 15885 tonnes saved 1658.93 tonnes of standard Project for the Grain Steaming Machine at
The Company continues to improve its energy management system by establishing energy-saving initiatives at both coal and reduced carbon dioxide emissions by 2990.35 the Huangyi Distilling Ecological Park
the leadership level and within each production unit thereby creating a three-tier comprehensive energy management tonnes significantly improving energy efficiency while lowering
framework covering decision-making management and execution. The Company has also formulated and implemented the environmental emission risks.Measures for Energy Management Assessment establishing a systematic mechanism for monitoring and assessing energy
consumption and continuously improving energy use efficiency through quarterly evaluations. Energy Performance of Luzhou Laojiao in 2025
In terms of the assessment mechanism the Company has implemented a three-tier system for decomposing energyconsumption targets and conducting performance assessments across the “the Company - Distillery Company - energy- Indicator Unit Data of 2025using units” levels. Assessment indicators cover key energy efficiency parameters including the comprehensive energy Non-renewable energy consumption Tonne of standard coal 78749.99
consumption per tonne of liquor and water consumption per tonne of liquor. At the same time we have incorporated
assessment results into compensation and performance management at each level effectively motivating all employees to Renewable energy consumption Tonne of standard coal 781.64
participate in energy-saving initiatives and jointly advancing the Company’s green and low-carbon operations. Comprehensive energy consumption14 Tonne of standard coal 79531.64
Tonne of standard coal/million gross industrial
Comprehensive energy consumption intensity
output value 6.33
Energy-Saving Target Target Achievement Status
Using the actual 2021 energy efficiency level (1101 In 2025 energy consumption per unit of product Water Resource Management
kilograms of standard coal equivalent per kiloliter) decreased by 1.89% year on year exceeding the
as the baseline the Company has committed to energy-saving target. Luzhou Laojiao consistently regards water conservation and efficient water use as a key pillar of its green development efforts. The
reducing the comprehensive energy consumption Company continues to strengthen its management systems and significantly improve water-use efficiency through technological
per unit of product by no less than 0.4% year on innovation and system optimization delivering both economic and ecological benefits.year each year from 2023 to 2025.Governance
Luzhou Laojiao strictly complies with the Water Law of the People’s Republic of China and has established an internal Energy
Management System to define requirements for water resource supply and use management. At the same time the Strategy and
Combined Heat and Power Project at Huangyi Distilling Ecological Park ESG Committee under the Board of Directors oversees water resource-related strategy and performance while the Company has
put in place a structured water management framework led by the General Manager as the ultimate person in charge. Supported
by dedicated departments and specialized roles with clearly defined responsibilities and authorities at each level this framework
In 2025 Luzhou Laojiao completed a combined heat and ensures standardized management across the full water resource lifecycle from planning and use to overall administration and
power system at the Huangyi Distilling Ecological Park continuously improves water-use efficiency and management capability.ensuring the park’s energy self-sufficiency through a
model that coordinates heat supply with power generation Strategy
based on thermal demand. While meeting the heat
requirements of distilling operations the project enables Guided by the principle of “prioritizing water conservation” we continued to advance systematic water-saving management
more than 86.66% electricity self-sufficiency during the and further strengthen the strategic management of water resources. The Company has established a performance assessment
production period. Total annual power generation reached mechanism centered on water consumption per unit of product set differentiated water-consumption control targets for each
approximately 22.9862 million kWh equivalent to saving energy-using department and regularly tracks progress against these targets. In 2025 water consumption per unit of product at the
4050 tonnes of standard coal and reducing carbon Company’s major distilling units outperformed annual targets demonstrating the continued effectiveness of its strong water resource
emissions by 7171.48 tonnes significantly improving the management practices.park’s overall energy efficiency. Combined Heat and Power Project at the
Huangyi Distilling Ecological Park
14 Comprehensive energy consumption includes diesel natural gas purchased electricity and the energy conversion factor is based
on the values specified in GB/T 2589-2020 General Rules for Calculation of the Comprehensive Energy Consumption.
63 64Management of Impacts Risks and Opportunities Concentrated Water Resource Utilization
The Company has identified water-use risks and opportunities at each stage adopted advanced water-saving processes and In 2025 Luzhou Laojiao carried out concentrated water resource utilization
intelligent monitoring systems improved water-use efficiency in production and actively utilized alternative water sources. upgrades at Luohan and Huangyi Distilling Ecological Park. At Luohan the
It has also focused on building a water recycling system that runs through the entire production process and incorporated Company built a concentrated water collection and transfer system to recover
water-saving and recycling requirements into supplier management driving the industrial chain to enhance water resource concentrated water previously discharged to the wastewater treatment
resilience collectively. The company has applied the most advanced water-saving technologies and processes throughout all station for use in workshop cleaning thereby reducing tap water consumption.its relevant operations. At Huangyi based on the discharge characteristics of concentrated water
the Company installed branch pipelines and metering facilities to transfer
Water-Saving Practices at Each Stage the water for park flushing and landscaping. Together these two measures
enabled the recovery and alternative use of 87400 tonnes of concentrated Concentrated Water
water during the year replacing fresh water use and delivering coordinated Transfer System
benefits in both water conservation and emissions reduction.● By upgrading water treatment equipment and replacing Level I reverse osmosis product
Water water with Level II reverse osmosis concentrate and concentrate reverse osmosis product Rainwater Harvesting
production water the Company increased the water recovery rate of the water treatment system to
71% achieving annual water savings of 32600 tonnes. The Company strictly complies with the Water Law of the People’s Republic
of China and implements the sponge city concept. We actively carry out
rainwater recycling and reuse initiatives to reduce the consumption of tap
water. At present the company’s rainwater collection area is approximately
494000 square meters with an annual rainwater collection volume of about
● By adopting hot-water lithium bromide absorption refrigeration technology and using 247000 tonnes. The collected rainwater is primarily used for purposes such as
waste heat to drive refrigeration the Company achieved closed-loop circulation of cooling green space irrigation road cleaning and fire drills. Rainwater Harvesting Tank
Circulating water delivering annual water savings of 2544500 tonnes and a recycling rate of over
water 85%. Supporting systems were installed in 100% of newly built brewing workshops.● Huangyi Baijiu Industry Park has advanced water recycling by further reusing bottle- Metrics and Targets
washing water from the Intelligent packaging center which had already undergone
secondary use in the exhaust gas treatment unit. After being pressurized by a Luzhou Laojiao proactively sets and continuously tracks water resource management metrics and targets. The Company has
wastewater discharge pump the water is conveyed to Jiugu Lake within the park for established comprehensive water-related goals covering all business scopes to reduce water consumption such as the overall
ecological and landscape replenishment. Over the past six months approximately 10000 leakage rate of the water supply network. The Company has also set a water reduction target for all suppliers across the supply
tonnes of water have been reused in total. chain. These efforts are focused on improving water-use efficiency advancing water conservation and emissions reduction and
safeguarding water resource security.Luzhou Laojiao Water Resource Management Targets Suppliers Water
● Constructed water storage ponds and collected rainwater for irrigation at sorghum Conservation Target
cultivation bases.Key Indicators 2026 Target Progress in 2025
Production ● Installed backwash devices and flatted spray nozzles on cooling spreaders improving With 2025 as the
water-saving efficiency by more than 10%. baseline year the
Systematically recovered and reused huangshui tail water and pot-bottom water in pit Cooling water recirculation Increase to over 85% 87.26% Company aims to reduce ●
maintenance cleaning and other processes while conducting pilot initiatives to reduce rate suppliers' water use
pot-bottom water discharge and extend the distillation cycle achieving cumulative intensity by an average Overall leakage rate of the
annual water savings of approximately 125000 tonnes. Reduce to within 10% 9.14% of 1.5% per year by 2030.water supply network
2025 Water Resource Use Performance
● Implemented a cascading reuse system for bottle-washing water reusing water from
inner-bottle cleaning for outer-bottle cleaning and then recycling it for toilet flushing Key Indicators Unit Data of 2025 Key Indicators Unit Data of 2025
Packaging saving approximately 120000 tonnes of water annually.● Through process optimization the Intelligent Packaging Center reduced water Reuse of reclaimed water Tonnes 454516 Total freshwater intake Tonnes 2914435
consumption per tonne of liquor by approximately 15.78% year on year. Volume of circulating water Tonnes 2955289
Total water consumption Tonnes 2914435
Volume of rainwater reuse Tonnes 247000
Cooling water recirculation
rate % 87.26 Tonnes/million
In addition the Company is committed to reducing water consumption among all suppliers across the supply chain. In 2025 Water consumption intensity gross industrial Utilization rate of alternative 231.80output value
water consumption by filling service suppliers decreased by 31.30% year on year. water sources % 15.75
65 66Sustainable Agriculture Practices
Biodiversity Conservation Themed Activity
Luzhou Laojiao has deeply embedded biodiversity conservation into the development of its organic agriculture system
systematically fostering a production model in which agriculture and nature coexist in harmony through measures including On December 11 2025 Luzhou Laojiao organized environmental protection personnel and employeeoptimized planting patterns ecological prevention and control of pests and weeds and habitat protection. representatives from various departments to hold the themed activity “Drinking from the Same RiverProtecting the Gulls” in Dongmenkou Jiangyang District Luzhou. Through a combination of on-site red-
Biodiversity Conservation billed gull feeding and themed lectures the activity incorporated the concept of ecological preservation in the Yangtze River Basin into Corporate Culture initiatives. It enhanced employees’ awareness of
local species protection promoted biodiversity conservation awareness across the Company and
The Company has established a sustainable agriculture management system through its organic sorghum base. Focusing demonstrated the Company’s commitment to ecological preservation.on biodiversity conservation We apply a systematic agronomic management approach and promote the coordinated
development of agricultural production and natural ecosystems through diversified planting ecological pest and weed
control and habitat maintenance. This has enabled the formation of an ecological agriculture model with industry-wide
demonstration value effectively supporting local biodiversity conservation and the health of farmland ecosystems.Biodiversity Conservation Measures at the Organic Sorghum Base
● To address invasive alien species such as Canada goldenrod lantana and dodder the Company
continues to carry out prevention and control measures through training and awareness-raising
coordinated group-based prevention and control and routine patrol inspections thereby safeguarding
the stability of local ecosystems;
● By preserving natural vegetation within the base and establishing ecological buffer zones that provide
habitats for wildlife such as birds the Company has created a natural barrier for farmland ecosystems
and promoted ecological balance. These efforts have also transformed the base into a vibrant micro-
Protection ecosystem making it an integral part of the Company's greener management across the entire industry
of Species chain "from field to table;"
Diversity
● The Company promotes the use of natural pest predators such as parasitic wasps ladybugs
and trichogramma for biological pest control thereby supporting ecological balance in farmland
ecosystems and increasing the diversity and abundance of phytophagous insects and their natural
enemies;
● The Company adopts diversified planting models including crop rotation intercropping and relay
intercropping to enhance vegetation diversity in farmland and provide richer habitats and food sources
for different organisms.● The Company comprehensively promotes the cultivation of organic sorghum strictly adheres to
national organic standards prohibits the use of chemical pesticides and fertilizers and provides
Development farmers with organic fertilizers and biological agents free of charge;
of Organic ● The Company advances the R&D and demonstration of carbon-based organic fertilizers derived from
Agriculture distilling waste converting by-products such as distiller's grains into organic fertilizers and creating a
closed-loop cycle of "planting-brewing-returning to the field" thereby effectively increasing soil organic
matter content. Biodiversity Conservation Themed Activity
● The Company has established a management mechanism for cultivated land areas plans planting In 2025 Luzhou Laojiao
areas in a rational manner and implements crop rotation and fallow periods to improve soil fertility and
Protection reduce soil erosion;
of Land conducted more than covering over
Resources ● Through production base development technical training and guaranteed-price procurement
mechanisms we have helped bring abandoned farmland back into cultivation restore vegetation
cover and improve the regional ecological environment. 400 technical training sessions on organic production management 30000 person-times
67 68Excellence
Pursuing the Highest
Standards of Product Quality
Through Craftsmanship
Luzhou Laojiao consistently puts consumers at the center of
its operations embedding product quality and service control
throughout the entire industry chain from raw grain planting and
brewing production to marketing and systematically building
a quality management system that covers the full product life
cycle. Leveraging digital technology platforms the Company has
made every stage controllable verifiable and traceable thereby
strengthening the value foundation for its high-quality development
through enduring product quality.Product Safety and Quality 71
Excellent Customer Service 80
Responsible Marketing 83
Intellectual Property Protection 85Strategy
Product Safety and Quality
Guided by the quality philosophy of "making the quality of Chinese baijiu visible" the Company has formulated its "Intelligent
Distilling 4.0" quality strategy with the goal of "deepening the digitalization of total quality management15 establishing the
Three Comprehensiveness16 to continuous improvement and advancing enterprise excellence in performance".Product safety and quality are the lifeline of the Company’s survival and development. Guided by high standards the
Company consistently advances high-quality development fosters a safety and quality culture with the participation of all
employees and provides consumers with exceptional products and services. Implementation of the "Intelligent Distilling 4.0" Quality Strategy
Governance ● Advancing the intelligent transformation and upgrading of distilling processes with notable
improvements in capacity expansion quality enhancement and efficiency
We have formulated management documents such as the Measures for the Management of Daily Control Weekly Inspection ● Intelligent packaging has strengthened industrial coordination and the Luzhou Laojiao
and Monthly Scheduling of Food Safety Risks established a three-tier quality management structure with the Strategy and Intelligent Packaging Center— the first facility in the baijiu sector of China built to "Lighthouse
ESG Committee as the highest responsible body and appointed a chief quality officer to comprehensively oversee quality Equipment Factory" standards—has officially commenced operations
management food safety quality assessments emergency management and related work. upgrade
● Replacing manual operations with instrumentation offline procedures with online processes
and conventional methods with rapid ones
Product Quality Management Structure
● Promoting deeper integration among industry academia research and application
● Strengthening the stabilizing role of standards across the industrial chain
● Reviews and approves the Company's annual product quality and Technology
●
food safety targets management programs major improvement upgrade Promoting the broader application of industrial metrology
initiatives and emergency preparedness plans;
Strategy
Decision- ● Oversees the implementation of responsibilities by all functional
making level and ESG departments and coordinates the resolution of cross-departmental ● Integrating information systems to achieve end-to-end business coordination from R&D and
Committee
product quality and food safety issues; design to after-sales services
● Applying quality data in depth across the entire product lifecycle to drive decision-making
● Reviews the Company's product quality and food safety reports Management
and reports relevant matters to the Board of Directors. upgrade ● Optimizing the quality inspection approach
● Optimizing the structure of quality talent across the industrial chain
●●
Quality Develops standards for the quality management system and Talent Pioneering the industry’s first grid-based chief quality officer system across the industrial
Management and Safety oversees audits and assesses their implementation; upgrade
chain
level Management
● Responsible for the Company's quality risk management
Committee certification and data collection and analysis.
15 Comprehensive Quality Management (TQM) is a quality management system and methodology that dynamically integrates
leading international domestic and industry-wide practices based on the specific development stage of the enterprise.
16 T he "Three Comprehensiveness" (TQM - Total Quality Management) refers to comprehensive quality management that
Office of covers the entire process all employees and the entire organization. Process-wide management refers to Luzhou Laojiao's
the Quality ● Responsible for comprehensively advancing the implementation
Execution comprehensive quality control and quality improvement management which spans from field to palate encompasses end-
level and Safety of product quality management requirements and ensuring that to-end processes across five key value streams and involves the full digitalization of all business operations. Employee-
Management product quality meets the Company's quality standards. wide management refers to the active participation of all Luzhou Laojiao employees in building TQM and engaging in
Committee continuous improvement activities within team-level department-level and corporate-level quality circles. Organization-
wide management refers to the active involvement of all Luzhou Laojiao business units functional departments leadership
and relevant stakeholders in TQM initiatives.
71 72Management of Impacts Risks and Opportunities Industry Chain Quality Management
The Company has systematically identified product quality risks and opportunities. By improving risk control procedures Luzhou Laojiao places the consumer tasting experience at the center of its efforts and continues to deepen its quality
strengthening product recall management and food safety management implementing quality management requirements management model of "from the field to the tip of the tongue." Leveraging its industrial cluster model the Company
across the entire value chain and fostering a quality culture with the engagement of all employees the Company continues extends product quality and safety management upstream to raw grain planting and downstream across warehousing
to reinforce the foundations of product quality. transportation distribution and the consumer end ensuring full quality and safety assurance throughout the product life
cycle.Product Quality Risk Management
The Company has issued a series of standardized documents including the Quality Manual of Packaging Material Suppliers
We have established a sound product quality risk identification mechanism and conduct regular reviews of product quality the Quality Manual of Distilling Raw and Auxiliary Materials Suppliers the Quality Manual for Logistics Enterprises and the
food safety and related areas through a combination of self-inspections internal audits and external audits. Based on audit Quality Manual of Product Distribution Enterprises. These documents set out clear quality requirements for key stages across
findings we develop response plans and urge relevant departments to implement corrective actions enabling targeted the entire industry chain helping prevent quality risks in the supply chain and further strengthen quality management across
prevention and control of product quality and food safety risks. The Company's dedicated audit team also carried out a the entire industry chain.special follow-up review conducting comprehensive audits of the quality safety and measurement management systems Entire Industry Chain Quality Management Mechanism
across 23 departments or units involved in product quality and safety management. All identified issues were required to be
corrected by the relevant departments and were reassessed upon completion of corrective actions ensuring a closed-loop
audit process. As of the end of the reporting period Luzhou Laojiao had achieved a 100% corrective action completion rate The Company actively promotes the organic philosophy and has established organic
for issues identified through audits and had obtained the ISO 9001 Quality Management System Certification. sorghum production bases in more than ten townships across four districts and counties
In 2025 the Company did not experience any incidents arising from quality issues that adversely affected its operations Quality control in Luzhou. Since 2008 it has maintained organic certification for 18 consecutive years.damaged its reputation or resulted in direct economic losses. of raw grains Through sustained innovation and exploration the Company has successfully built a green for distillation organic industry chain spanning "raw materials - brewing - by-products - organic fertilizers
- planting - agritourism" enabling sustainable management across the entire chain from
As of the end of the reporting period the field to the table.the Company had achieved a and had obtained ISO 9001
100% Quality Management System Certification The Company has continued to strengthen end-to-end management of packaging corrective action completion rate material quality and safety by formulating the Measures for Product Pilot Testing
for issues identified through audits Management revising supporting documents such as the Industry 4.0 Packaging Material
Packaging - Labels and the Industry 4.0 Packaging Material - Glass Bottles and establishing a full-
the Company did not experience any incidents arising from quality issues that adversely affected its material process management framework and process quality supervision mechanism. It has set
quality control
operations damaged its reputation or resulted in direct economic losses standardized requirements for the materials structure and manufacturing processes of
new product packaging and effectively mitigates packaging quality risks at the source
through multi-scenario testing that simulates production warehousing transportation and
other conditions.Product Recall Management
The Company strictly complies with the Product Quality Law of the People's Republic of China and the Food Recall The Company has developed the Quality Management Manual for Logistics Enterprises
Management Measures and has formulated and implemented the Product Recall Control Procedures and the Luzhou Laojiao and exercises strict oversight of logistics suppliers to ensure quality and safety in the
2025 Food Safety Emergency Drill and Food Safety Recall Drill Plan (Drill) which clearly define the monitoring early warning Transportation product “last mile.” We have also established an integrated information management quality control
emergency response and recall procedures for product quality and safety emergencies. In 2025 no product recall incidents platform linking the production and logistics systems enabling close monitoring of
occurred at the Company. operations across the entire industry chain and quality and safety management and
oversight throughout the product life cycle.Product Recall Drill
To continuously enhance quality management across the entire industry chain the Company has adopted a dual-track
In March 2025 Luzhou Laojiao organized relevant departments to conduct a product recall drill for approach combining “professional capability + digital empowerment.” It provides specialized training including sessions on
the 2022 edition of 52% vol. National Cellar 1573 simulating a scenario in which excessive mechanical “8D Reports” for chief quality officers of enterprises across the chain to strengthen their quality improvement capabilities.pressure during the capping process caused the bottle cap to crack and the liquor to leak. During the At the same time we organize training programs such as “Digital Transformation and Lean Manufacturing Practices indrill all relevant departments worked in close coordination and responded promptly to the product Manufacturing” and “Supply Chain Data Application and Management” guiding the entire industry chain into a new stage of
quality issue gaining valuable hands-on experience to further strengthen the Company's product digital lean high-quality development and jointly fostering a sustainable quality ecosystem.safety assurance capabilities. As of the end of the reporting period the Company conducted 7412 on-site quality patrol inspections of suppliers’ production
processes identified 27 issues and achieved a 100% resolution rate.
73 74Excellence LUZHOU Environmental Social and LAOJIAO 2025 Governance (ESG) ReportPursuing the Highest Standards of Product Quality Through Craftsmanship Luzhou Laojiao Co. Ltd.
Food Safety Management
Luzhou Laojiao strictly complies with the Food Safety Law of the People's Republic of China the Food Recall Management
Measures and other applicable laws and regulations. It has further refined internal management policies including the
Measures for Food Safety Officer Management and the Measures for the Management of Daily Control Weekly Inspection
and Monthly Scheduling of Food Safety Risks thereby establishing a solid institutional foundation for food safety
management.The Company has established a food safety governance structure under which the Chairman bears ultimate responsibility
implemented a routine working mechanism of "daily control weekly inspection and monthly scheduling" and fully
incorporated quality and safety requirements into its performance assessment system thereby effectively safeguarding
product quality and consumer rights. During the reporting period the Company reported no food safety incidents.Working Mechanism of "daily control weekly inspection and monthly scheduling"
Primary Responsibility for Food Safety
Chairman of the Board
Quality-related Honors
Food Safety Director
Quality Management Center
Stable and Qualified Products in National Enterprise Committed to "Tianfu Premium Brands" Brand Mark Red Sorghum Production Management Packaging Material Packaging Production Supply Chain
National Quality Inspection Product and Service Quality Integrity Authorization Certificate Company Department Purchasing and Supply Center Department Management Center
Letter of Appreciation on the 30th Co-establishing Unit of the National Certificate for the Survey Summary
Anniversary of the China Food Safety News Baijiu Industry Metrology and Testing and Quality Reputation Commitment
Center (Sichuan) Announcement for "Stable and Qualified
Products in National Quality Inspection"
The Company continues to improve and implement its food safety supervision and inspection system carrying out
International Member Enterprise Recognized for the Quality Integrity comprehensive food safety inspections across three key areas - system control process control and supervision and
Initiative during the 2025 National "Quality Month" inspection - to enhance its food safety management standards.
7576
Equipment Management Department
Energy Management Department
Raw Materials and Excipients
Management Department
Liquor Design and Management Center
Starter-making Center
Ecological Liquor-making Centers
Luohan Liquor-making Centers
Intangible Cultural Heritage Liquor-
making Workshops
Guo Jiao Packaging Production Line
Jiao Ling Packaging Production Line
Te Qu Packaging Production Line
Packaging Production Line 60
Packaging Production Line 24
Packaging Production Line 23
Packaging Production Line 21
Packaging Production Line 20
Packaging Production Line 19
Packaging Production Line 18
Packaging Production Line 17
Warehousing and Logistics Enterprises
Weekly
Daily Control Inspection Monthly SchedulingIn addition we continued to improve the risk-tiered management system for externally procured materials updated the
Food Safety Supervision and Inspection System External Procured Materials Risk List and worked with relevant departments to strengthen internal material controls. During
the reporting period the Company conducted comprehensive food safety assessments on 19 newly introduced materials
System control Process control Supervision and inspection thereby safeguarding product safety and stability at the source. In response to updates to national regulations such as
the General Standard for the Labeling of Prepackaged Foods and the Measures for the Supervision and Administration of
The Company strictly complies with The Company has established The Company has established a food Food Labeling we promptly established a dedicated task force to analyze new regulatory requirements and potential risks
national laws and regulations and a process control system safety supervision system covering associated with the Company’s packaging labels and markings and developed detailed well-founded response plans to
industry standards has established covering the entire food key stages including distilling liquor ensure that product labeling complies with national standards.a robust management system and production process and source management and packaging
developed supporting documents such implements systematic food production and conducts rigorous Quality Culture Construction
as the Food Safety Protection Plan safety risk control across all testing of raw and auxiliary materials
and the Measures for Food Safety Risk key stages including raw grain food contact materials semi-finished Each year the Company organizes activities such as “Quality Month” and provides multi-level multi-dimensional training
Assessment. We have obtained the ISO planting procurement of raw products and finished products. to continuously enhance employees’ awareness of safety and product quality fostering a sustainable culture of product
22000 Food Safety Management System and auxiliary materials and Through regular sampling inspections safety and quality. In 2025 we delivered a total of 22 product quality-related training sessions reaching more than 1200
Certification and in accordance with its packaging distilling source and end-to-end traceability participants.requirements regularly conduct internal management and warehousing mechanisms the Company effectively
audits and external reviews. Through and logistics thereby ensuring identifies potential risks and responds Product Quality-related Training in 2025
continuous monitoring and corrective quality and safety from source promptly ensuring that 100% of
action follow-up we ensure that food to terminal. products meet quality and safety
safety management remains compliant standards. ● Internal auditor training for the quality and environmental management system
effective and continuously improving. ● Training on the implementation of the
● Internal auditor training for the food safety blueprint for the total quality management
Management management system business and IT consulting project
systems andIn 2025 the Company launched an internal reporting system for food safety hazards. Guided by the principles of “full internal audits ● Internal auditor training for the ● Training on the “Implementation Plan forparticipation tiered control closed-loop resolution and continuous improvement” it established a hazard reporting measurement management system Digital Transformation in the Packaging
●
management system covering the entire lifecycle of food production and operations helping all employees strengthen their Organic system – distilling productionDigital Industry”
transformationmanagement training ● Training on “Manufacturing Digitalfood safety awareness. Transformation and Lean ManufacturingPractices”
Management System for Internal Reporting of Food Safety Hazards
● Training on supply chain data utilization
● Food safety labeling and identification and management
training
Identification and reporting trigger mechanism Graded circulation and control mechanism
● Training on baijiu quality and safety risk
control
● All employees are established as the responsible ● Hazards are classified into general hazards and Risk and ● Training on risk control in alcohol
subjects for reporting safety hazards throughout major hazards for graded control. An electronic regulatory product label content design and
compliance analysis of typical cases ● “Building the Foundation of Food Safety” the entire life cycle of food products. Hazard account is simultaneously established to course series
categories are divided into four types: human- automatically register key information ensuring ● Training on research and screening Online
technologies for unknown food safety courses ● “Baijiu Production Line Operation Guide” related object-related environmental and food full-process traceability of food safety hazard risk substances in alcohol products course series
safety management. Hazard information can be management. Product traceability and recall training ● “Micro Quality” course series●
reported through the web or mobile terminals of the
Company's food safety management system.● QC team activities training
Rapid disposal and feedback mechanism Supervision and optimization long-term mechanism ● Training on key aspects of scientific and
technological project management
● The reported department shall respond and dispose ● An incentive mechanism is set up to encourage all ● Basic knowledge training for baijiu
tasters
promptly scientifically formulate a rectification employees to actively report any hazards so as to
●
plan for specific hazards clarify responsible achieve pre-control of risks. Quality planning and improvement Professional training
persons rectification measures and time limits. ● The Quality Management Center regularly reviews capability ● Specialized sessions on 8D reporting
After rectification if the hazard is eliminated after hazard data analyzes the root causes of high-
●
verification the disposal result can be fed back to Training on improving standards drafting frequency hazards and formulates targeted capabilities
form a closed-loop management system. management plans in conjunction with relevant ● Chief engineer's office lecture series by
● If the reported department involves major hazards departments to comprehensively ensure that food academicians and experts
the emergency plan shall be immediately activated to safety risks are controllable. ● Quality trilogy training
prevent risk expansion.
77 78“Quality Month” Series of Activities Excellent Customer Service
In September 2025 Luzhou Laojiao launched its “Quality Month” series under the theme “IntelligenceInspires the Future Quality Creates Excellence” systematically strengthening quality culture through Luzhou Laojiao has always adhered to a “customer-centered” philosophy maintaining a precise understanding of customer
a five-dimensional coordinated approach encompassing publicity interaction competitions skills needs listening carefully to the voice of the customer and their feedback and remaining committed to providing high-quality
contests and knowledge sharing. intelligent solutions. By continuously improving customer satisfaction we strive to earn the long-term trust of our customers.During the campaign we established a multi-channel communications network covering key areas
organized approximately 800 employees to participate in interactive activities such as knowledge Customer Service Systemchallenge stations mobilized more than 400 employees to take part in the “National EnterpriseEmployees Total Quality Management Knowledge Competition” and held an invitational skills We uphold the service principle of “Customer First Reputation Supreme” have established a customer service philosophy
17
competition for quality supervision personnel. At the same time leveraging our system construction system and deliver higher-quality customer service through institutional documents such as the Management Measures for
sharing platform we provided training resources covering 14 categories of system documents 420 After-Sales Service and the Verification Manual 1.0 for Products with Quality Issues.standards 132 baijiu-related regulations and quality information websites. In addition we actively The Company has established a closed-loop management system for customer needs spanning information collection
encouraged more than 10 enterprises across the industry chain to carry out quality awareness verification and handling and result follow-up. This system ensures timely responses to customer needs appropriate
activities in parallel ensuring that quality principles are internalized and translated into action and handling of customer inquiries and prompt resolution of customer issues demonstrating our commitment to a customer-
providing strong support for reinforcing quality and safety defenses across the entire industry chain. centered approach through professional and efficient service.Customer Complaint Resolution Process
Information Collection Verification and Handling Customer Follow-up
● Classify complaint types: product complaints ● Clearly and directly explain the ● Promptly solicit customer
service quality complaints and complaints reasons feedback on the handling
forwarded by law enforcement departments plan
● Verify complaint information
● For complaints not falling into the above three formulate solutions and
categories they will be uniformly submitted to the promptly inform the relevant
customer service supervisor for review and handling parties
We refined our value-added appraisal service mechanism and optimized the appraisal service procedures in line with the
adjusted business model of the Intellectual Property Protection Center. This enables the prompt receipt and handling of
“Quality Month” Series of Activities consumer inquiries complaints and other service requests thereby improving both the quality and efficiency of our appraisal
services. Furthermore to strengthen consumer engagement we have established clear value-added appraisal service
procedures and standardized operating protocols. These measures aim to enhance customer satisfaction and corporate
Metrics and Targets competitiveness which in turn supports the sustained development of customer relationships and promotes product sales.In 2025 the Company recorded 2124 customer complaints achieved a 100% response rate to customer feedback and reached
a 97.18% resolution rate for customer complaints and reached a first-response resolution rate of 89.82% meeting all targets.We have established product safety Product Safety and Quality Management Targets in 2025
and quality management targets Customer Service Targets and Progress in 2025
defined key tasks and assessment Target Completion
criteria and regularly review progress Target Status in 2025 Target Target Achievement Status in 2025
against these targets making adjust-
ments as needed based on imple- 0 food safety incidents Achieved
mentation results to ensure the con- In 2025 the Company received a total of 2124 complaints
tinuous improvement and effective 0 quality incidents related to the structural and functional Complaint resolution rate ≥ 93% from the market of which 2064 were resolved representing a Achieved
performance of new products Achievedexecution of quality management. resolution rate of 97.18%.In 2025 the Company handled a total of 122583 market inquiries
Number of product batch quality issues ≤ 5 per year Achieved First-response resolution rate ≥ 65% of which 110098 were resolved in a single response representing Achieved
a first-response resolution rate of 89.82%.
100% pass rate for external audits of the management system Achieved
17 Refer to page 78 of 2024 ESG Report for details.
79 80The Company has established a regular online-and-offline training mechanism. Through tailored training programs we ● Establish an online service access system spanning multiple platforms and integrating multiple channels
provide frontline customer service teams with systematic instruction on product complaint handling skills key operational
● Integrate third-party platforms to enable unified response and data coordination across multiple channels and systems thereby
procedures and communication protocols across a range of scenarios effectively enhancing the professional capabilities strengthening information integration capabilities
and service standards of relevant personnel. During the reporting period we conducted 14 customer service-related training
sessions reaching more than 1000 participants.● Provide self-service voice support ● Intelligently analyze diverse application
Customer Service-related Awards and Honors in 2025 scenarios including invitation notifications ● Provide around-the-clock intelligent private-domain traffic generation returning-
responses with the option to transfer customer reactivation and survey follow-
complex issues to human agents or ups to enable precise outreach and efficient
automatically generate service tickets
Multi-channel engagement with target customers
● Work in coordination with human agents integration and
●
to enable systematic classification and unified response
Leverage intelligent speech recognition
natural language processing and big data
precise routing of customer requests analysis to automatically filter out invalid calls
Integrated and capture valid interactions in real time
"2024 Outstanding Case Selection Second Prize in the First Luzhou-Jiangjin China Consumer Magazine's "Customer customer
for Consumer Dispute Mediation ODR Organizations and Smart 315 Platform Service Innovation Exemplary Case" service center
Across Three Areas in Sichuan and Enterprises Consumer Rights Protection Solicitation Campaign — Customer ● Multi-dimensional data dashboard D ● i Online chatbots empower internal service g e
Chongqing" — First Prize Knowledge Competition Service Innovation Exemplary Case ita vic functions
● End-to-end operational monitoring o lp in rm t t s
e
e er ell n rtch ati io ga n en li
ge po ●
n t Provide multiple online consultation channels ● Real-time/offline quality monitoring is te
l p
n su
Customer Satisfaction m I including the official website and App
● Intelligent conversation analysis
Luzhou Laojiao has established a comprehensive research system for customer needs integrating annual surveys quarterly
assessments and ongoing feedback collection to gather insights across multiple dimensions including product quality
service quality logistics and recommendations on digital transformation. This enables us to fully listen to customers' opinions
and concerns. In addition we conduct in-depth analysis of survey results identify customer needs and develop improvement Deepening the Application of the “Five Codes” and Building A Digital Toolkit for Member
measures to continuously enhance service quality. In 2025 the Company conducted a total of 12 customer surveys covering Operations
all distributor customers with more than 3038 customers participating and achieved a customer satisfaction rate of 99%.We remain firmly committed to the principle of "Promoting Supporting and Protecting Business Partners" and actively carry Luzhou Laojiao has continued to advance the digital transformation of marketing using the expansion
out customer support initiatives for distributor customers to help address their challenges. In 2025 the Company verified the and deepening of “Five Codes” application scenarios as a key driver to improve channel operating
disaster impact on 7 distributor customers involving 180.67 pieces of products and helped customers recover RMB 286900 in efficiency and market responsiveness.economic losses demonstrating Luzhou Laojiao's commitment to sharing both prosperity and hardship with its business partners.The Company optimized its core business function
modules enabling distributors to efficiently execute
In 2025 six special initiatives including “Qiangpan” “EaglePlan” and “Banquet.” Among them bottle-opening
volume under the “Banquet” scenario increased by
conducted a total of with more than and achieved a customer 126% year on year. At the same time we developed
satisfaction rate of
12 and rolled out the “Six Tools
18 for Channel Membercustomer surveys covering 3038 customers Operations” effectively increasing activity at
all distributor customers participating 99% terminal outlets.In addition we developed an innovative “compre-Digital and Intelligent Service hensive promoter membership system and inte-grated operating model” successfully incorporating
roles such as restaurant beverage promoters and
Luzhou Laojiao leverages technology to enhance customer service and through a cross-departmental collaboration recyclers into the digital operations system unlock-
mechanism is advancing the development of an integrated customer service center to enable seamless information ing user value more effectively and strengthening Interface of the Digital Tools for Member
connectivity and efficient resource sharing. Supported by an end-to-end service model combining "AI-powered bots human channel competitiveness. Operations
agents and automated work order management" and a dual-channel "hotline + online" service system the Company offers
customers more diverse and innovative service experiences.In 2025 the Company further advanced AI upgrades to its smart customer service system significantly enhancing its
intelligent outbound calling capabilities. As of the end of the reporting period the Company had conducted a total of 101
outbound calling tasks reaching 2.0563 million interactions. 18 The six major components include points levels benefits tasks activities and content.
8182
In
m tea lln ig– entc o mlla ab c
re o
h
r inc a
e
ep tit vi eo n
I
igent
A
Intell und c
all
outboOverview of Responsible Marketing Training in 2025
Responsible Marketing
The Company organized training on "Advertising and Publicity Case Analysis" for new media operations
staff communications personnel and other relevant employees to strengthen the professional capabilities
Luzhou Laojiao has consistently prioritized responsible marketing by strengthening responsible marketing audits and of personnel engaged in publicity-related work.compliance training standardizing brand communication and promotional activities actively promoting responsible drinking
and effectively safeguarding consumer rights and interests. The Company produced 24 informational videos covering basic anti-counterfeiting authentication
knowledge for multiple company products. With cumulative views reaching 30 million these videos
provided consumers with accessible educational resources on the authentication of alcoholic products and
Responsible Marketing effectively safeguarded consumer rights and interests.The Company provided anti-counterfeiting authentication training to a wide range of stakeholders
The Company strictly complies with the Anti-Unfair Competition Law of the People's Republic of China the Advertising Law including public security authorities at all levels market regulation authorities people's procuratorates
of the People's Republic of China the Law of the People's Republic of China on the Protection of Consumers' Rights and people's courts frontline sales personnel distributor customers and consumers. A total of 233 training
Interests and other applicable laws and regulations. It has formulated and publicly disclosed the Luzhou Laojiao Co. Ltd.
19 sessions were delivered reaching 5672 participants and exceeding 277 cumulative training hours.Responsible Marketing Policy which strictly prohibits any form of exaggerated messaging false advertising and similar
misconduct and establishes authenticity and transparency fair competition and responsible guidance as the fundamental
principles of marketing activities to protect the interests of customers. At the same time we have strengthened distributor
management by incorporating responsible marketing requirements into contract terms guiding upstream and downstream
partners to jointly foster a healthy and orderly market environment. Responsible Drinking Advocate
Responsible Marketing Audit In promoting and communicating the culture of Luzhou Laojiao baijiu Luzhou Laojiao has consistently advocated responsible drinking. The Company clearly states alcohol content on product packaging and prominently includes messages such as
"Advocating responsible drinking" and "No Sales to Minors" in advertisements across all media channels reaching approximately
Each year the Company conducts systematic responsible marketing audits covering the full scope of its marketing 980 million audience impressions in total and actively fostering a healthy responsible drinking culture across society.operations including 30 core marketing scenarios. We have established a market expense oversight mechanism featuring
“pre-event risk warning in-process real-time control and post-event sample inspection and review.” Through the use At the brand activity level the Company closely integrates responsible drinking advocacy with experiential innovation.of digital tools for real-time monitoring and on-site spot checks together with quarterly special audits and annual joint Through unique activities such as the "Cellar Master Festival" "Ice JOYS" and the "Floating Museum" it strengthened
inspections we comprehensively ensure the authenticity and regulatory compliance of expense utilization. At the same time consumer engagement by setting up responsible drinking check-in areas and other interactive formats to promote a culture
the Company continues to advance the digitalization of responsible marketing auditing by connecting the entire regulatory of responsible drinking. These activities reached more than 60000 participants in total and generated over 128 million
data chain and building a rapid-response mechanism for market changes thereby ensuring that regulatory data is reliable impressions.and fully traceable throughout the process and creating a positive closed-loop system of “data-driven - business feedback -model iteration.” In 2025 the Company had established a cumulative total of 35 marketing risk control models conducted 4
joint audits and 13 special audits and completed 8602 on-site inspections and 8342 document reviews triggered by warning In 2025
alerts. During the reporting period the Company recorded no compliance risk incidents related to brand communications.reaching approximately these activities reached more than and generated over
Responsible Marketing Training 980 million audience 60000 participants in total 128 million impressions
The Company has incorporated the principles of responsible marketing into its employee development system making it a impressions in total
mandatory component of new employee onboarding. In addition the Company provides at least one dedicated responsible
marketing training program for all employees each year to ensure that all marketing personnel fully understand and
strictly comply with the Company’s external communications policies and relevant laws. The Company also delivers diverse
responsible marketing training programs covering policy interpretation case analysis and other relevant topics to strengthen "National Responsible Drinking Awareness Week" in 2025
employees’ capabilities in responsible marketing.During the reporting period we carried out responsible marketing training centered on five laws and regulations including Luzhou Laojiao in partnership with the China Alcoholic Drinks Association organized the 2025
the Advertising Law of the People's Republic of China the Law of the People's Republic of China on the Protection of "National Responsible Drinking Awareness Week" campaign under the theme "Care for Growth No
Consumers' Rights and Interests and the Anti-Unfair Competition Law of the People's Republic of China. By combining case- Drinking Until Adulthood." Through coordinated online and offline activities the campaign promoted
based instruction with online training we achieved 100% employee coverage for responsible marketing training and the rate responsible drinking culture simultaneously across five major cities including Beijing and Shanghai.of employees meeting compliance awareness standards exceeded 95%. During the campaign the Company mobilized more than 25 stores to pledge not to sell alcohol to
minors and further raised awareness of underage drinking prevention by displaying themed banners
posting promotional materials and placing warning notices in prominent in-store locations.
19 https://www.lzlj.com/esg/policies/11167.html
83 84Intellectual Property Protection In 2025 Luzhou Laojiao became the first company in China's baijiu industry
to receive the ISO 56005 Level III certificate for the Innovation and Intellectual
Property Management Capability.Luzhou Laojiao strictly complies with the Patent Law of the People's Republic of China the Trademark Law of the People's
Republic of China the Copyright Law of the People's Republic of China the Enterprise Intellectual Property Management In 2025 Luzhou Laojiao registered 59 new trademarks had cumulatively filed
Standards and other applicable laws regulations and standards. The Company has also established internal policies and 657 invention patent applications related to its principal business and held 504
manuals including the Administrative Measures of Luzhou Laojiao Co. Ltd. for the Use of "National Cellars" and "Luzhou valid patents.Laojiao" as Corporate Trade Names and the Intellectual Property Management Manual to strengthen the acquisition ISO 56005 Level III certificate for the
maintenance utilization and protection of intellectual property. Innovation and Intellectual Property
Management Capability
With the Product Authentication Service Center as the lead management department the Company has established an
intellectual property protection management framework. It has also built a system for intellectual property protection
management and anti-counterfeiting authentication that covers the entire product life cycle. This system is supported In 2025
by establishing a product authentication service center which operates a product authentication anti-counterfeiting
authentication laboratory and product authentication service stations developing the "Jiuzhiwei" case management system registered had cumulatively filed
and assembling a professional team of authenticators. These measures collectively enable a professional end-to-end
operational process that spans from lead identification and sample authentication to legal rights protection. 59 new trademarks 657 invention patent applications related to its principal business
Organizational Structure of the Product Authentication Service Center
and held
Product Authentication Service Center 504 valid patents
Annual New Patent Performance in 2025
Luzhou Laojiao
Product Authentication Luzhou Laojiao Product
Anti-Counterfeiting Authentication Service General Office
Internal Expert External Expert
Laboratory Station
Authentication Panel Authentication Panel Indicator Unit Data of 2025
Number of new invention patent applications during the year / 115
Number of new utility model patent applications during the year / 46
Product Authentication Service Stations
Number of new invention patents granted during the year / 40
Luzhou Laojiao has consistently upheld the core values of "putting consumers at the center and Number of new utility model patents granted during the year / 39
treating product quality as a guiding principle" while steadily advancing the development of product
authentication service stations. These stations provide customers with a high-quality service platform
integrating a range of functions including product authentication anti-counterfeiting awareness rights Cumulative Patent Performance in 2025
protection assistance and brand experience.As of the end of the reporting period the Company had established 15 product authentication service Indicator Unit Data of 2025
stations in 15 key cities authenticated more than 1.1 million bottles of products cumulatively.Cumulative number of invention patent applications / 675
Cumulative number of utility model patent applications / 462
Cumulative number of invention patents granted / 251
Cumulative number of total utility model patents granted / 411
Plaque Presentation Ceremony for Product Authentication Service Stations (Partial)
We regularly organize internal training and sharing activities on intellectual property protection. During the reporting period
we held two related training sessions to strengthen employees’ awareness of intellectual property protection.
85 86Establishing the “Four-in-One” Training System to Develop A Professional Intellectual Property
Protection Team The 2025 3rd Liquor Industry Intellectual Property Protection Seminar
The Company is driving the transformation of its training
system from a fragmented experience-driven model to a On June 15 2025 the 3rd Liquor Industry Intellectual Property Protection Seminar jointly organized
systematic digitally-driven one. It is enhancing the four- by Luzhou Laojiao the Innovation and Competition Law Research Center of Sichuan University
in-one training and development ecosystem built around Law School the Tianfu Intellectual Property Research Institute and IP Finance was convened
"systems instructors courses and digitalization." successfully. The seminar themed “Liquor Intellectual Property Protection in the Context of a New Era”
brought together experts from the judiciary law enforcement and academia as well as corporate
To comprehensively enhance the professional capabilities representatives for in-depth discussions on topics including intellectual property protection and market
of its intellectual property protection team the Company order in the liquor sector in the context of new quality productive forces. During the event the White
employs a "plenary sessions + small-group workshops" Paper on Intellectual Property Protection in China’s Liquor Industry (Phase III) was officially released. Intellectual property protection training
training mechanism. In the plenary sessions we invite senior The white paper systematically reviews current industry conditions distills practical experience and
lawyers university experts and other scholars to deliver lectures on laws and regulations related to puts forward well-grounded recommendations providing important theoretical support for the high-
intellectual property protection helping employees build a solid legal foundation. In the small-group quality development of the liquor sector.workshops we provide targeted courses on practical anti-counterfeiting and rights protection digital
evidence collection and regional case analysis to sharpen hands-on skills. Furthermore by conducting
reviews of anti-counterfeiting measures for physical samples and routine job-based drills and
assessments we effectively promote the conversion of foundational knowledge into practical expertise.“Jiuzhiwei Forum · 2025 Luzhou Laojiao Seminar on Past Case Studies in Intellectual PropertyProtection”On November 28 2025 Luzhou Laojiao hosted the “Jiuzhiwei Forum · 2025 Seminar on Past CaseStudies in Intellectual Property Protection” in Guangzhou. The seminar brought together representatives
from relevant government authorities in Luzhou invited university scholars and partner law firms
to explore leading issues and practical strategies in intellectual property protection across the baijiu
sector of China.The seminar provided an in-depth review of Luzhou Laojiao’s 2025 past case studies in intellectual
property protection covering key areas such as innovative applications of punitive damages rights
protection on online platforms and the protection of three-dimensional trademarks thereby effectively
advancing the refinement of enforcement strategies and greater coordination in implementation. Inaddition the seminar featured extensive discussions on two topics—“Practical Issues in Civil CasesInvolving Liquor Intellectual Property” and “Online Infringement Issues Relating to Liquor IntellectualProperty” —offering systematic and professional approaches to addressing emerging challenges in
liquor intellectual property protection. The 2025 3rd Liquor Industry Intellectual Property Protection Seminar
Seminar on Luzhou Laojiao’s Past Case Studies In Intellectual Property Protection
87 88Cohesion
Bringing Together Diverse
Talent to Create Shared
Progress
Employees are the core driving force behind the Company’s
development. Luzhou Laoj iao cont inuously improves i ts
employment policies and compensation and benefits system
effectively safeguards the lawful rights and interests of employees
and systematically advances talent development and career
growth. The Company places a high priority on workplace safety
and is committed to fostering an equitable diverse inclusive and
healthy work environment with the aim of enhancing employees’
sense of belonging and overall well-being.Employee Rights and Protection 91
Employee Training and Development 96
Employee Communication and Care 101
Health and Safety 105"Breaking Boundaries Shaping the Future" 2025 University-Enterprise Collaboration Open
Employee Rights and Protection Day Event
From July 9 to 11 2025 Luzhou Laojiao successfully hosted the "Breaking Boundaries Shaping the
Luzhou Laojiao upholds compliant employment practices promotes diversity and equality and strictly prohibits child labor Future" 2025 University-Enterprise Collaboration Open Day event attended by 16 faculty members and
and forced labor. By expanding recruitment channels and optimizing compensation and incentive mechanisms the Company 58 students from 8 universities including Shanghai Jiao Tong University and Wuhan University. Through
actively attracts and motivates talent while integrating ESG principles into performance management to foster a fair and company tours discussions and job-seeking experience sharing sessions the event comprehensively
vibrant environment for employee development. showcased the Company's brand image and culture effectively supporting campus talent recruitment.Overall satisfaction with the activity exceeded 90%; in subsequent recruitment efforts the company
Employee Hiring received nearly 600 resumes from graduates of the aforementioned universities.Luzhou Laojiao strictly complies with applicable laws and regulations including the Labor Law of the People's Republic of
China the Labor Contract Law of the People's Republic of China and the Social Insurance Law of the People's Republic of
China. The Company has also developed and implemented internal policies such as the Recruitment Management Measures
and the Employee Code of Conduct and Labor Discipline Management Measures to regulate its recruitment procedures.The Company upholds the principles of diversity equality and non-discrimination in employment and treats all employees
fairly regardless of race gender religious belief or cultural background. We strictly prohibit child labor and all forms of
forced labor with working hours and other employment terms clearly stipulated in labor contracts and collective agreements.In 2025 the employee labor contract signing rate reached 100% and employee participation in social insurance also reached
100% with no incidents of child labor forced labor or discrimination reported. In addition the Company adheres to the
principle of equal pay for equal work and provides equal employment and development opportunities for women persons with
disabilities and other groups. During the year the Company employed 52 individuals from disadvantaged backgrounds20.To effectively support Strategy implementation and meet the talent needs arising from business development we continued
to expand multiple talent acquisition channels including campus recruitment social recruitment and internal selection while
steadily advancing specialized recruitment programs such as “Baijiu Scholars” “Cellar Newcomers” and “Elite Cellar Talents.”
During the year the Company successfully hosted the “Break Boundaries Cellar the Future” 2025 University-Enterprise "Breaking Boundaries Shaping the Future" 2025 University-Enterprise Collaboration Open Day Event
Cooperation Open Day and organized the campus recruitment “National Cellar Trip” attracting more outstanding young
talent to join the Company and bringing fresh momentum to the development of China's baijiu industry.Talent Recruitment Projects
"National Cellar Trip" Event
"Elite Cellar Talents" "Baijiu Scholars" "Cellar Newcomers"
Recruitment Project Recruitment Program Recruitment Program In 2025 Luzhou Laojiao successfully organized the 2025 Fall Campus Recruitment “National Cellar Trip”
This program focuses on recruiting Focused on frontline professional Focused on frontline market roles event. As a flagship brand initiative that has been running for 14 consecutive years this year’s program
talent in digitalization and liquor-making functions this program actively this program actively recruits continues with the theme “Awakening Youth Fragrance for the Future” attracting more than 220
technology continuously optimizing recruits emerging talent for a new generation of talent to outstanding students from universities across China. Through in-depth engagements including final-the talent mix and strengthening the the baijiu sector of China and promote the culture of Luzhou round interviews for multiple positions on-site visits to core brewing facilities and the “Youth MicroCompany's long-term competitive edge. provides cross-disciplinary Laojiao baijiu. Through market- TALK” session the program comprehensively showcased the Company’s achievements in heritage
Each "Elite Cellar Talent" is paired with development to cultivate well- based training across multiple preservation and innovation laying a strong foundation for campus recruitment and talent pipeline
a mentor and given opportunities to rounded professionals who regional rotations participants are development.participate in key initiatives including the understand the Company's core gradually developed into industry-
Company's Digital Transformation and value chain and can contribute leading marketing experts and
production technology advancements efficiently across functions. senior management professionals.enabling accelerated development
through hands-on practice.In 2025 the Company held a total of 19 recruitment presentations and following multiple rounds of assessment—including
preliminary interviews written exams second-round interviews and the final "National Cellar Trip" assessment—welcomed
186 fresh graduates to the Company.
2025 Fall Campus Recruitment “National Cellar Trip” Event
20 Luzhou Laojiao's difficult employees mainly include migrant workers persons with disabilities and demobilized veterans.
91 92The Company actively promoted the digitalization and scientific advancement of talent selection to improve the accuracy and
efficiency of recruitment assessment. We introduced an AI interviewer tool into the recruitment process to conduct intelligent
evaluations of candidates based on the talent competency model across dimensions such as learning agility systematic
thinking and communication effectiveness generating recommendation ratings and scores to empower talent selection
through technology. As of the end of the reporting period the tool had been applied to functional and technical positions
supporting more than 2000 interviews in total. For the recruitment of key positions the Company adopted a computerized
adaptive assessment system integrating three tools—Cognitive Ability Tendency Assessment (CATA) psychological risk
assessment and GPI21 personality assessment—to accurately identify candidates’ overall capabilities and role fit through
multidimensional in-depth data insights. As of the end of the reporting period the system had completed more than 20000
assessments in total.During the reporting period the Company had a total of 3912 employees22 including 60 women in Middle Management and
Senior Management positions.During the reporting period
Total number of including Total Employee
employees 60 Turnover Rate women in Middle Management
3912 and Senior Management positions 6.16%
Employee Turnover in 2025
Employee Overview of the Company in 2025
Number of employees by gender Number of employees by age group Employee Turnover Rate by Gender (%) Employee turnover rate by age group (%) Employee turnover rate by type (%)
12675006.13
4.58
3.02
1319
264520931.581.841.30
0.000.03
Number of male employees Number of female employees Aged below 30 Aged 31-50 Aged 51 and above Male emploees Aged 30 below Senior management
Female employees Aged 31-50 Middle management
Number of employees by educational background level Number of employees by type
Aged 51 and above Entry-level employees
27897023728
12
22
172
399Recognized among the TOP 100 of the 2025 “ChinaAnnual Best Employer” awards jointly launched by
Below associate degree level Bachelor's degree and Senior Middle Entry-level Zhaopin the Center for Social Research of Peking
associate degree holders management management employees University the National School of Development at
Postgraduate degree and Number of employees with Peking University and other leading institutions
above holders doctoral degrees
21 G PI stands for Global Personality Inventory a highly important and advanced standardized personality assessment tool. Its core
objective is to thoroughly evaluate candidates’ personality traits and behavioral styles in a scientific and quantitative manner.
22 “China Annual Best Employer” TOP 100 Awards R efers to the total number of employees in Chinese mainland excluding those from Hong Kong Macao Taiwan and overseas.
93 94Employee Compensation and Benefits Employee Training and Development
Luzhou Laojiao implements a post-grade performance-based salary system with compensation comprising three Luzhou Laojiao is committed to building a systematic multi-dimensional framework to support employee growth.components: basic salary post-grade salary and performance-based income. The Company also integrates ESG-related Underpinned by sound institutional mechanisms the Company continues to refine its skills training and career development
indicators including environmental management occupational health and R&D and innovation into its performance system effectively safeguarding employees' lawful rights and interests comprehensively enhancing the overall capabilities
assessments. In 2025 the Company revised its Compensation Management Measures to further optimize the application of and professional competence of industrial workers and advancing the reform of the workforce. These efforts lay a solid
performance assessment results. foundation for the shared sustainable development of both the Company and its employees.The Company is committed to building a fair compensation system and promoting a market-oriented distribution model
centered on “performance co-creation risk sharing and achievement sharing.” Through an assessment mechanism of “sharingbenefits and bearing losses” it has strengthened digital performance management and enhanced the Company’s internal Employee Advancement
vitality.Corporate Benefits System In 2025 the Company revised key policies including the Promotion Management Measures and the Position Management
Measures optimized its promotion pathways and mechanisms and established a clear policy framework for career growth.Based on its understanding of bottlenecks in talent development the Company comprehensively optimized its dual-channel
career development system covering both management and professional tracks. The new system is designed to broaden
employees' career pathways accelerate promotion opportunities and strengthen compensation incentives and has been
fully implemented through a combination of policy communication mindset alignment tool-based support and practical
execution.Statutory Benefits Corporate Benefits During the reporting period the Company conducted one company-wide policy communication session nearly 30
departmental Q&A sessions and multiple rounds of specialized sessions. At the same time it completed company-wide
● Endowment insurance medical ● Inclusive benefits such as holiday greetings birthday greetings employee adjustments to position and compensation alignment talent placement under the nine-box grid framework and the annual
insurance unemployment physical examinations the distribution of sanitary products for female promotion process.insurance maternity insurance employees wedding souvenirs newborn gifts recuperation benefits for model
employment injury insurance workers and condolence payments; Dual-Channel Career Development Pathways
and housing provident fund ● Enterprise annuity and multi-level supplementary medical insurance;
● Housing allowance rental allowance job allowance transportation allowance Managers at all levels across the Company pursue personal growth and development by Management Track
and summer and winter allowances; strengthening their management and leadership skills.● Marketing training subsidies learning organization awards and other benefits.Professional Track By continuing to deepen their expertise in specialized fields employees can grow into
recognized experts within the Company and across the industry.Launching an Extended Medical Leave Plan
Employee Training
In 2025 the Company systematically rolled out an extended medical leave plan to provide institutional
support for eligible active employees who are unable to perform their duties over the long term due The Company remains committed to employee development and has During the reporting period
to serious illness. The plan covers employees who meet the required length-of-service threshold. Upon introduced the Course Management Measures and the Internal Lecturer
application and approval employees may during their leave period continue to receive benefits Management Measures to establish qualification standards and a
including basic salary seniority-based pay and benefits related to the five social insurances and systematic training framework aligned with its career pathways. To address invested
two funds. This plan has effectively addressed employees' practical needs while demonstrating the the competency needs of employees across different job families and at
Company's sense of responsibility and human-centered care. As of the end of the reporting period 9 different stages of development We have designed and implemented tiered RMB 13.94 million
employees had been enrolled in the plan. and tailored training programs under the "Sailing Plan" training system in employee training
systematically enhancing employees' overall capabilities.Luzhou Laojiao has implemented a restricted stock incentive plan covering directors senior executives middle management During the reporting period the Company invested RMB 13.94 million in conducted
and core business leaders effectively enhancing team motivation and organizational vitality. As of the end of the reporting employee training conducted 1814 training sessions and delivered nearly
period the plan covered a total of 500 senior executives middle management personnel and core key personnel 360781.99 total training hours representing an average of 94.54 training 1814 training sessions
representing 12.8% of all employees. hours per employee.
95 96"Sailing Plan" Training System 2025 Training Activities
Drone Operator Licensing Training
● Designed for new employees recruited through campus hiring and experienced hires
Sailing Start this program helps new joiners integrate into the Company more effectively transition
Plan – New quickly into their roles and become job-ready; In July 2025 the Company organized a 25-day drone operator licensing training program (CAAC certificate) at
Employee Luzhou Vocational and Technical College for 20 employees from its production sales and functional departments.Training ● In 2025 the Company conducted 11 sessions under the Set Sail Plan training series with Through this program participants developed drone operation skills and emergency management capabilities
a total of 874 new employee attendances and 222.5 cumulative training hours. further strengthening the Company's skilled worker talent pool.● For P1 and O3 level employees this program strengthens corporate culture integration
and job role awareness helping them quickly become familiar with their responsibilities
Submersible and operational standards improve job performance and enhance their ability to work
Voyage Plan independently;
– P1/O3 Level
Employee ● In 2025 a total of 2 specialized training sessions were conducted with 94 participant
Training attendances;
● In 2025 the P1/O3 online learning roadmap was distributed to 1032 employees.● For P2 and O4 employees this program provides enhanced training focused on core Drone Operator Licensing Training
skills and competencies systematically strengthening their professional expertise and
practical problem-solving abilities;
Fast-track Plan
● In 2025 a total of 9 training sessions were conducted covering 467 employees;
● In 2025 the P2/O4 online learning roadmap was distributed to 1442 employees. Mental Health Support and Professional Development Training
In November 2025 the Company held the second session of Mental Health Support and Professional Development
Training attended by more than 50 Trade Union personnel. Upon completion of the program 11 participants received
Level C certificates in mental health education and 40 received Level B certificates effectively strengthening the
● For key employees specialized sessions were conducted on topics including professional capacity of employee mental health support services.communication teamwork project management and review and reflection techniques
continuously strengthening their core capabilities and professional expertise;
Voyage Plan
● In 2025 12 specialized training sessions were conducted on topics such as
communication teamwork project management and mindset development reaching
approximately 200 employees.● For middle-level managers and department specialists the Company in line with
its near-term and medium- to long-term development needs delivered company-
wide training on topics including developments in large-model technologies and their
Leadership Plan enterprise applications as well as business human resources management alongside
specialized training for newly promoted middle-level managers;
● In 2025 a total of 8 training sessions were conducted covering approximately 180
employees. Mental Health Support and Professional Development Training
97 98Cohesion LUZHOU Environmental Social and LAOJIAO 2025 Governance (ESG) ReportBringing Together Diverse Talent to Create Shared Progress Luzhou Laojiao Co. Ltd.
2025 Employee Training
Middle Management Training
During the reporting period
In 2025 to address business development and management enhancement needs the company conducted Total number of Total employee training hours Average training hours
comprehensive training for middle management in digital transformation and human resource management. It employees trained per employee
implemented the 'Transition Program for Newly Promoted Middle Managers' assisting 32 newly promoted managers 360781.99 hours
in transitioning from business backbones to versatile leaders. Additionally the company provided access to external 3816 94.54 hours
high-quality courses for mid-level managers with cumulative participation exceeding 120 attendances. These
initiatives collectively enhanced the leadership and comprehensive capabilities of the middle management team.Employee training by gender Employee training by employee level
12603634
170
12
2556
Training Site Male employees Female employees Senior Mid-level Entry-level
management management employees
trained employees trained trained
We support employees in enhancing their professional abilities and skill levels encouraging them to participate in various
Frontline Management Training skill certifications and professional title evaluations. The company has established systematic certification plans and
incentive policies providing consultation services to employees. For employees who obtain professional title certificates
and skill certificates the company offers corresponding allowance incentives and reimburses relevant training assessment
In 2025 the Company organized a specialized training camp for frontline management personnel with both and evaluation fees as required. In 2025 the company organized independent evaluations for intermediate and primary
foundation-level and advanced classes. The foundation-level class was designed for 28 supervisor-level reserve professional titles in the liquor engineering field as well as vocational skill level certifications. It conducted theoretical and
personnel and focused on frontline management methods and problem-solving skills. The advanced class was practical training on relevant professions for skilled personnel effectively enhancing the overall quality and capabilities of the
designed for 21 workshop directors and assistant managers and systematically strengthened team leadership workforce.through courses such as Frontline Management Matrix and Task Management. Through a combination of theoretical
instruction and focused seminars the program effectively reinforced the practical capabilities and management Professional Title Assessment
competence of frontline management personnel.Professional title assessments covered more than 70 employees of whom 43 were
approved including 23 at the intermediate level and 20 at the assistant level.Skills accreditation and training Professional and technical personnel
covered more than 340 employees across various disciplines participated in
with 210 successfully certified professional title assessments and initial
including 23 senior technicians 63 evaluations with a total of 73 employees
technicians 65 senior workers and obtaining certificates including 4 with
59 intermediate workers. senior titles 14 with deputy senior titles
Training Site of the Specialized Training Camp 25 at the intermediate level and 30 at
the assistant level.
99 100Employee Care
Employee Communication and Care
Luzhou Laojiao adheres to an employee-centered approach building a comprehensive employee care system and
continuously strengthening employees’ sense of belonging and organizational cohesion.Luzhou Laojiao is committed to continuously enhancing employee satisfaction and well-being by providing diverse The Company places great importance on targeted assistance for employees in need. In 2025 it revised the Administrative
communication channels and regularly organizing a wide range of employee care initiatives thereby fostering a harmonious Measures for Assistance Funds for Employees in Need clarifying the usage requirements for three categories of assistance
and supportive workplace. funds: emergency relief living allowances and education subsidies. During the reporting period the Company granted major
and fixed-amount financial assistance to employees on 193523 occasions and applied for relevant education subsidies for the
Employee Communication children of 10 employees. Total assistance provided to employees in need for the year amounted to RMB 1.0319 million.The Company places great importance on safeguarding employee rights and interests and advancing democratic Supporting Employees in Need
management. By establishing a well-structured Trade Union system we effectively represent and protect the legitimate
rights and interests of employees and foster harmonious stable labor relations. At the same time the Company regularly During the 2025 Spring Festival Lin Feng Deputy Secretary of the Party Committee and General
convenes workers' congresses to strengthen democratic management mechanisms facilitate communication among Manager of the Company led members of the leadership team and middle management in visiting 52
employees and promptly hear and respond to employee concerns. In 2025 the Company convened a workers' congress at employees in need extending the Company’s care and support to them.which attending representatives reviewed and approved drafts of multiple policies with a 100% approval rate.To improve and strengthen its employee feedback mechanism the Company established a General Manager Hotline for the
Sales Company to expand channels for employee suggestions respond to and address employee concerns and safeguard
employees’ lawful rights and interests. The mechanism features two channels—“Direct to Headquarters” and “ConvenientVoice”—designed to meet communication needs at the Company and regional levels respectively. Through these channels
the Company broadly solicits constructive suggestions on business operations and management institutional and corporate
culture compensation and performance assessments team building and personal development while strictly upholding
confidentiality for real-name submissions. This feedback mechanism helps foster a streamlined efficient and trusted
communication environment strengthen employees’ sense of belonging and enhance the quality of organizational decision-
making. Lin Feng Deputy Secretary of the Party Committee Xiong Pingting Deputy General Manager of the
and General Manager of the Company visiting Company and Chairperson of the Trade Union
In 2025 the Company did not receive any internal complaints reflecting the effectiveness of its management measures and employees in need visiting employees in need
broad employee support.To promote employees’ physical and mental well-being and support work-life balance the Company has established
Luzhou Laojiao “Gongniang Smart Trade Union Operation Platform” "Employee Homes" and regularly organizes a wide range of cultural and sporting activities. In 2025 the Company held
internal events such as fishing competitions and encouraged employees to participate in external events including the China
Four Famous Baijiu Basketball Tournament and the Sichuan Province Workers’ Games enriching employees’ lives outside
By developing the “Gongniang Smart Trade Union Operation Platform” work and strengthening team cohesion.Luzhou Laojiao has leveraged digitalization to enhance Trade Union service
standards and provide employees with efficient and convenient service
support. During the year the platform organized 320 online engagement "Linking the Future · Home" Employee Home
activities and handled 1283 service requests entirely online. As of the end
of the reporting period the platform had accumulated 15400 registered
users and 13.286 million visits significantly strengthening the digital In November 2025 the Company completed and opened the
service capabilities of the Trade Union. "Linking the Future · Home" Employee Home. Designed around
the supply chain business and centered on a culture of home
the space incorporates elements of key operations such as
As of the end of the reporting period the platform had accumulated sorghum packaging materials and logistics. It features three
functional zones—"Energy Station" "Culture Hub" and "Time
15400 registered users Station"—that integrate learning and communication leisure
and relaxation and cultural and recreational activities. The
Employee Home – "Linking the
facility is intended to serve as a comprehensive employee
Future · Home"
and space that connects business functions fosters a sense ofInterface of the Luzhou warmth and belonging and strengthens team cohesion.13.286 million visits Laojiao “Gongniang SmartTrade Union” mini program
23 Subsidies for employees in need include retired employees.
101 102Diverse Employee Care Activities
Organizating Series of International Women's Day Activities
To celebrate the 115th International Women's Day Luzhou Laojiao held a commendation conference
The Company and themed activities on March 7 2025 at Zhangba Longan Forest-Guili Boyuan featuring a series
organized employee of special events such as "Women Devoted to the Party" and "Women in Full Bloom." A total of 204
participation in the outstanding female employees and 312 Exemplary Families were recognized. The activities covered all
8th China "Four female employees and attracted more than 100 participants underscoring the Company's recognition
Famous Baijiu Cup" of the contributions of female employees and fostering a culture of gender equality and family harmony.Men’s Basketball
Invitational
Tournament actively
promoting sports and
cultural exchange
across the industry.The 8th China "Four Famous Baijiu Cup" Men’s Basketball Invitational Tournament
The Company held
the 2025 Employee Commendation Conference and Themed Activities Commemorating International Women's Day
Fishing Competition to
promote interaction
among employees
and strengthen team Organizating "2025 · We Seem to Have Met Somewhere Before" Qixi Networking Music Event
cohesion.On August 28 2025 ahead of the Qixi Festival the Trade
Union and Youth League Committee of Luzhou Laojiaojointly hosted the “2025·It Seems We Have Met Somewhere
2025 Employee Fishing Competition Before” Qixi Networking Music Concert attracting more than
100 young participants from the Company the Affiliated
Traditional Chinese Medicine Hospital of Southwest Medical
The Company organized The Company organized The Company organized University municipal government departments and other
employees to attend Luzhou employees to participate in the employees to participate in the organizations. Through music-based interaction andhome matches in the Sichuan 2025 First Workers' Games of Sichuan division event of the exchange the event effectively helped relieve work-related “2025·It Seems We Have MetProvince City Football League Sichuan Province hosted by the 2025 "The Dream of China the stress among young employees and fostered a greater sense Somewhere Before” Qixi Networking
enriching their cultural and Sichuan Federation of Trade Beauty of Labor" online fitness of aspiration for a better life. Looking ahead the Company Music Concert
recreational lives outside work. Unions competing in events series for employees promoting will continue to organize a variety of activities tailored to the
including basketball football healthy lifestyles. needs of young people further helping employees feel valued
table tennis and Go. supported and fulfilled in their roles while injecting renewed
The Company organized vitality into team cohesion and corporate development.employees to participate in
the finals of the 6th "Li-Ning
DHS Cup" National Table Tennis The Company selected The Company organized Employee-Related Honors and Awards in 2025
Amateur King Tournament and employees to represent Sichuan employees to participate in Received the third
the 2025 National Amateur Province in the basketball the 2025 Chuan Promotion Received the first-place prize and the Excellent
Table Tennis Championships and table tennis events of the Association Table Tennis Received the award in the 2025 Received the title of Organization Awardenhancing their competitive public competition category Friendship Exchange Event “Special Contribution Employee Workplace Advanced Collective for in the 2025 Nationalathletic skills. at the 15th National Games strengthening engagement and Organization” award at Exercise Competition of Employment Promotion in Day Chess and Card
the First Chinese Specialty the Luzhou City State-
demonstrating the athletic cooperation with participating Sichuan Province Competition of the Cocktail Skills Competition owned Enterprises
excellence of its workforce. organizations. Luzhou City State-owned System Enterprises System
103 104Health and Safety
In addition We continued to improve our standardized occupational health
and safety management system and invited external experts on multiple
Luzhou Laojiao consistently places Health and Safety at the core of its operations continuously strengthening and optimizing occasions to conduct system reviews. During the reporting period all of the
its Occupational Health and Safety Management System to provide all employees with a safer and healthier working Company’s operating locations were certified under the GB/T 45001-2020/ISO
environment. 45001 Occupational Health and Safety Management System.ISO 45001 Certificate
Safety Management System
Health and Safety Performance in 2025 Health and Safety Investment in 2025
The Company strictly complies with the Work Safety Law of the People's Safety Management
Republic of China and other applicable laws and regulations and fully Organizational Structure Indicator Unit Data of 2025 Indicator Unit Data of 2025
implements the ISO 45001 Occupational Health and Safety Management
System standard. We have continued to advance the development of our Number of work-related Workplace safety investment RMB 10000 1397.63
institutional framework and to refine internal systems including the Work Strategy and ESG Committee
/0
deaths - employees
Amount invested in
Safety Responsibility System the Work Safety Commitment Management Number of work-related / 0 RMB 10000 268employment injury insurance
System and the Stakeholder Safety Management System. In 2025 the deaths - contractors
Company officially issued the Luzhou Laojiao Health and Safety Policy24 Coverage rate of employees Work-related fatality rate -
which applies across the full scope of the Company's operations. This policy % 0 with employment injury % 100Work Safety Committee employees
applies to all employees of Luzhou Laojiao and its subsidiaries and all insurance
business partners including contractors are encouraged to comply with it. Work-related fatality rate - % 0 Amount Invested in Work
contractors RMB 10000 20Safety Liability Insurance
In 2025 the Company further strengthened its organizational structure Days lost due to work-related Coverage of Work Safety
with the Board-level Strategy and ESG Committee serving as the highest Days 70injuries - employees % 100Liability Insurance
decision-making body responsible for overseeing Health and Safety strategy Work Safety Committee Office
and performance. At the same time we set Health and Safety performance
as a factor in the Company's CEO compensation to ensure the effective
implementation of Health and Safety management. Safety Risk Management
The Company has established a systematic safety accountability framework. By signing the Statement of Responsibility for
Managing Work Safety Targets at each level we ensure the full implementation of the List of Responsibilities for Work Safety Luzhou Laojiao has consistently centered its workplace safety efforts on the dual prevention mechanism while systematically
Management and the List of Responsibilities for Safety Production Posts. We also set non-zero Health and Safety targets advancing the digital and intelligent transformation of its work safety management system. Focusing on nine areas including
including contractors such as maintaining the minor injury rate per 1000 people at less than 2‰ . Each year the Company statutory corporate responsibilities safety implementation hazard identification and risk control the Company developed a
organizes a joint assessment team composed of representatives from the safety Trade Union enterprise management total of 1371 safety management checklists and established the “Luzhou Laojiao Work Safety Digital Management Platform.”
human resources and discipline inspection departments to conduct comprehensive evaluations of each department's The platform comprises 14 standardized management modules and 98 application functions significantly improving
fulfillment of workplace safety responsibilities and achievement of targets. In 2025 the Company achieved its annual safety management efficiency. In 2025 the Company further expanded the application of advanced technologies by leveraging
targets and all assessment results were satisfactory. high-precision positioning base stations and smart wearable devices and integrating the Internet of Things and AI image
recognition technologies to build a three-dimensional personnel positioning system. The system supports real-time positioning
Work Safety Management Targets and 2025 Progress of personnel and vehicles in production areas historical trajectory traceability intelligent alerts for abnormal prolonged stays
electronic geofencing one-touch emergency calls and dynamic access authorization management thereby creating a digital
Target 2025 Progress Target 2025 Progress closed loop of “monitoring-warning-response-improvement.”
The Company continued to improve its internal reporting and incentive mechanism for safety hazards. Employees can report
Minor injury rate per 1000 people Achieved 100% pass rate for occupational health Achieved hazards through the “Hazard Snapshot” function and once verified cases are assigned to the responsible personnel for
below 2‰ training rectification and managed within a closed-loop system. In 2025 the Company received 8507 safety hazard reports of which
Zero workplace safety accidents Occupational health examination 5031 were confirmed as valid upon review. Rewards totaling RMB 268000 were distributed and individuals with outstanding Achieved Achieved
resulting in serious injury or above coverage rate: 100% performance were recognized.
100% pass rate for safety education Achieved Coverage rate of monitoring for Achieved In strengthening emergency response capabilities the Company enhanced its emergency preparedness system and carried
and training occupational hazard factors: 100%
out diversified comprehensive training and drills. Throughout the year it organized company executives new employees
Zero incidence rate of occupational Achieved safety administrators and other personnel to participate in more than 90 certification and specialized training sessions
diseases reaching approximately 9700 participant attendances. It also conducted nearly 300 emergency preparedness training
sessions and drills with more than 5700 participant attendances comprehensively improving employees’ emergency
response capabilities and risk prevention awareness.
24 https://www.lzlj.com/esg/policies/11408.html
105 106Cohesion LUZHOU Environmental Social and LAOJIAO Governance (ESG) Report
Bringing Together Diverse Talent to Create Shared Progress 2025 Luzhou Laojiao Co. Ltd.Safety Management Measures Safety Culture Development
Luzhou Laojiao places great emphasis on Safety Culture Development regularly organizing company-wide specialized
The Company steadily advanced the "Six Major Actions" to strengthen the safety capabilities training on workplace safety fire safety and related topics and continuously raising employee safety awareness through ●
of all employees carrying out 181 safety training and regulatory learning sessions and 224 initiatives such as Work Safety Month.emergency plan drills throughout the year while continuously improving its risk prevention
and control processes;
● Various safety devices were installed in baijiu warehouses filling rooms and other areas Workplace Safety Training
Workplace to ensure explosion-proof lightning protection and leakage prevention measures were in
Safety place and Emergency rescue equipment was equipped and subject to regular inspection and The Company organized a special training session themed "Understanding the underlying patterns
maintenance; and characteristics deepening root-cause prevention and control and accelerating the mutually
reinforcing development of high-quality growth and high-level safety" featuring a keynote lecture
● Personnel engaged in special operations and the operation of special equipment were delivered by officials from the Bureau of Law Enforcement for Industry and Trade under the Ministry
required to work with certificates operating procedures were subject to strict approval and of Emergency Management. Conducted in a combined on-site and live-streamed format the training
emergency disposal plans were established; meanwhile A safety management system for covered the Company's leadership heads of Each Department (Unit) safety management personnel
relevant parties was put in place to standardize the management of contractors and lessees. and employees in higher-risk positions with more than 400 participants in total.● The Company organized five job-specific skills drills for safety management personnel
volunteer firefighters and other relevant personnel; held 87 exchange and learning activities
including "Experience Sharing on Workplace Safety Management" and the "Skills Competition
Fire Safety for Identifying Safety Hazards Around Us"; and collected more than 150 safety-themed
Management submissions including videos and paintings.● The Company compiled printed and distributed the "Essential Safety Knowledge Materials"
and the "Firefighting Facilities Knowledge Handbook" to continuously strengthen employees'
awareness of fire safety responsibilities and emergency response skills. Special Training session
● The Company organized specialized training on occupational health and chronic disease
prevention and control and also participated in specialized sessions organized by the district Health and safety-related honors and awards in 2025
Health Commission for principal persons in charge chief health officers occupational health
Occupational In July 2025 the management personnel and coordinators. In July 2025 the
Health Company was
● The Company conducted regular employee health examinations issued protective equipment Company was recognized as an
based on hazard factors associated with each position and installed standardized safety recognized as an Outstanding Collective
warning signage on site to effectively safeguard employees' occupational health. Outstanding Collective in the Luzhou City in the Luzhou City
"Ankang Cup" "Ankang Cup"
competition. Outstanding Specialized Firefighting Team competition. The Luzhou City "Ankang Cup"
Award for Enterprises and Public Institutions Outstanding Collective Award
Safety Training Statistics for 2025
Data of Data of
Key Indicator Unit Key Indicator Unit
20252025
Number of participants in Total safety training hours -
/ 6100 Hours 7200
safety drills Contractors
Number of safety drills - Safety training coverage rate -
/224%100
employees Employees
Number of Safety Drills - Safety training coverage rate -
/59%100
Contractors Contractors
Total safety training hours -
Hours 22168
Employees
107 108Occupational Health and Safety Occupational Health Examinations and Protection
●
Luzhou Laojiao strictly complies with the Law of the People's Republic of China on Prevention and Control of Occupational The Company launched the innovative "One Scale One Tape Measure and One Calendar" health management
Diseases the requirements for occupational health and safety management system certification and other applicable laws program and established online health communities helping 236 employees achieve an average weight loss of 0.6
and regulations and has established and continuously refined its Occupational Health and Safety Management System. jin within 7 days.The Company has put in place systematic hazard identification and risk assessment mechanisms implemented risk-based ● The Company organized the "Walking with Occupational Health" mini marathon in which 110 employees
classification management and improved its emergency response framework to effectively prevent occupational health completed a 5.55-kilometer wellness run that incorporated health knowledge learning along the route. During the
risks and continuously strengthen employees' health awareness and protective capabilities. In 2025 the occupational health awareness week it also held a large-scale on-site consultation event distributed more than 3000 informational
check-up coverage rate for employees reached 100% and no suspected occupational disease cases were reported during the year. materials and provided on-site health services for more than 50 employee visits delivering health support directly
to employees.Occupational Health and Safety Risk Management Measures
From June to September the Company carried out systematic monitoring of 229 positions
and 460 testing points across 11 major production areas covering 12 categories of hazard
Hazard
factors including noise dust and chemical toxicants. Results from all testing points were
Monitoring and
compliant with applicable standards. In response to key risks such as noise and dust
Engineering
the Company implemented corresponding engineering controls and personal protective
Controls
measures and established a regular testing mechanism that is dynamically updated in
line with changes in production.Mini Marathon Event
The Company completed monitoring of occupational disease hazard factors and work
activity surveys covering 158 positions and classified positions based on risk levels (335 Occupational Health Training
Risk
at Level I 18 at Level II and 1 at Level III). The number of risk positions at each level
Assessment
declined compared with the previous year. Based on the risk assessment results the ●
and Graded In collaboration with the Luzhou City Center for Disease Control and Prevention and the Mental Health Center
Company implemented differentiated supervision and conducted 18 on-site supervision
Control the Company conducted a special training session under the theme of "Prevention First Safeguarding Health
and inspection visits during the year achieving full coverage of all medium- and high-risk Together" reaching more than 80 core management personnel.positions.● The Company launched a dedicated occupational health learning module on its internal knowledge platform with
3157 employees completing the online program.
● From April 25 to May 1 the Company organized a series of ● On November 18 the Company organized
The Company strengthened its occupational health emergency response organization activities for the Occupational Disease Prevention and Control comprehensive training on occupationalEmergency and ensured that it was fully staffed and equipped. Guided by the goal of "clear Law Publicity Week under the theme of “Caring for Workers’ health and chronic disease prevention andManagement responsibilities and timely response" it improved its Emergency preparedness system. Mental Health.” Featuring an innovative model that integrated control. A total of 103 occupational health
and Capacity During the year it conducted 1 comprehensive emergency drill and 2 specialized drills knowledge sharing interactive engagement and health management staff participated on site
Building and made 3 revisions to the relevant plans based on the drill outcomes effectively management the program enhanced employees’ awareness while the online livestream attracted 1186
enhancing employees' practical emergency response capabilities. of occupational health through special lectures online cumulative views effectively strengthening
learning health promotion initiatives sports activities and on- employees’ abil ity to manage chronic
site consultation. diseases.Employee Occupational Health and Safety Management Measures
Occupational Health Records Management
● The Company established dynamic occupational health monitoring records for approximately 2490 employees
exposed to occupational hazards following a "one person one file" approach. To strengthen standardized records
management it organized 3 dedicated training sessions during the year covering 13 relevant departments and Occupational Disease Prevention 2025 Special Lecture on Comprehensive Training on Occupational
proposed and advanced the implementation of 20 corrective actions. At the same time it continued to ensure and Control Publicity Week Occupational Health Health and Chronic Disease Prevention and
investment in protective equipment and strengthened training on its proper use to ensure effective protection. Series - Community Health Control
Awareness Outreach
109 110Synergy
Building Collaborative
Value Chains to Foster
Win-Win Outcomes
Luzhou Laojiao recognizes that more refined and digitalized
supply chain management together with stronger R&D capability
is essential to the Company’s pursuit of excellence. By building a
highly resilient supply chain and focusing on digital transformation
intelligent upgrades and liquor-making technology innovation
the Company is generating sustained momentum for industrial
upgrading and advancing enterprise growth in tandem with
industry progress.Supply Chain Management 113
Innovation-Driven Development 119
Digital and Intelligent Luzhou Laojiao 128Synergy LUZHOU Environmental Social and LAOJIAO Governance (ESG) Report
Building Collaborative Value Chains to Foster Win-Win Outcomes 2025 Luzhou Laojiao Co. Ltd.Management of Impacts Risks and Opportunities
Supply Chain Management
By establishing a closed-loop management mechanism covering supplier access evaluation performance and exit
the Company systematically manages risks at every stage and leverages digital tools to enable precise monitoring and
improve operational efficiency. The Company has developed a BI system and launched a performance data dashboard for
The Company is committed to building a responsible supply chain by continuously improving its full-lifecycle supplier transportation and warehousing suppliers which visually presents performance assessment indicators for key areas such as
management system supporting suppliers’ development through technological innovation fostering stable and mutually suppliers’ inbound and outbound warehousing in-storage status and business practices. This enables the responsible teams
beneficial partnerships across the supply chain and cultivating a sustainable industrial ecosystem. to efficiently identify supplier capabilities and potential risk points and to optimize supplier screening tiering and incentive
management strategies.Governance Full Life Cycle Supplier Management Process
With the Luzhou Laojiao Supplier Code of Conduct25 as the foundation the Company has established internal management
policies such as the Procurement Management Measures and the Detailed Rules for Supplier Database and further refined ● Based on a comprehensive evaluation of suppliers across multiple dimensions including
supporting rules including the Detailed Rules for the Supplier Database for Liquor and Related Material Logistics Services operational strength supply capability quality control and sustainable development
and E-commerce Logistics Services. On this basis the Company has built a level III supply chain management structure performance the Company places particular emphasis on alignment between suppliers’
comprising “guidance and decision-making management and supervision and execution and demand.” Within this structure development direction and the Company’s strategic goals and gives priority to high-
the Manager's Office Meeting is responsible for strategic decision-making the Procurement Supervision and Management Supplier potential suppliers with strong technological innovation capabilities;
Department oversees overall coordination and management and the Procurement Execution Department organizes the access
Procurement Demand Department to implement the relevant requirements. ● We apply differentiated requirements to different categories of suppliers. For example
packaging material suppliers must provide quality management system certification while
suppliers handling food-contact materials must provide food safety certification and third-
Supply Chain Management Structure party testing reports demonstrating compliance with the GB 4806 national standards27.Level I: Guidance and Decision-making Level
Decision-making Manager's Office Meeting ● The Company has established a dynamic performance evaluation system under which it
conducts monthly KPI assessments and annual performance reviews across dimensions
such as quality delivery cost and technology incorporates ESG-related assessments
Procurement Supervision and Management Department Supplier and adjusts business arrangements based on the assessment results;
Level II: Management
and Supervision Enterprise Management and Development Center
evaluation
● Leveraging BI data dashboards the Company dynamically tracks supplier performance
Distillery Company Office Sales Company Office across key indicators rapidly and accurately identifies potential issues promptly requires
corrective action and provides business incentives to high-performing suppliers.Level III: Execution Procurement Execution Department
and Demand All Departments (Units) Responsible for Procurement Execution ● By combining internal audits with third-party audits the Company comprehensively
identifies ESG-related risks among key suppliers in areas such as quality health and
Procurement Demand Department environmental protection and implements tiered category-based management based on
All Departments (Units) that Put forward Procurement Demands Supplier risk the assessment results;
management
●
Strategy The Company strengthens oversight of suppliers’ environmental practices and encourages suppliers to continuously reduce the adverse environmental impacts of their operations
through the adoption of greener low-carbon technologies and other measures.We have systematically established the supply chain risk management mechanism26 covering identification assessment and
response across the entire value chain encompassing five key areas: procurement contract risks inventory risks stockout
risks information risks and emergency preparedness. Leveraging a digitalized supply chain system the Company conducts
● For suppliers that fail to meet assessment standards or breach the Company’s
dynamic risk scanning and impact analysis for potential risks across procurement production logistics and other stages and Supplier management "red line" requirements we adopt a zero-tolerance approach. Upon review
formulates targeted control measures accordingly. At the same time it actively captures development opportunities arising withdrawal and confirmation by the relevant departments such suppliers are immediately blacklisted
from collaborative innovation and greener transformation across the supply chain continuously enhancing industry chain and all business relationships are terminated.resilience and strategic coordination.
25 https://www.lzlj.com/esg/policies/11409.html
27 GB 4806 national standards: It is a series of national food safety standards issued by the National Health Commission
26 Refer to pages 109 and 110 of the 2024 ESG Report for details. which are mandatory regulations governing the production and use of food contact materials and products.
113 114Synergy LUZHOU Environmental Social and LAOJIAO 2025 Governance (ESG) ReportBuilding Collaborative Value Chains to Foster Win-Win Outcomes Luzhou Laojiao Co. Ltd.
Sustainable Supply Chain Management Digital and Intelligent Supply Chain Building
We incorporate ESG indicators such as quality management workplace safety and waste management into the supplier The Company focuses on supply chain digitalization and guided by its strategic goals for the 15th Five-Year Plan period has
assessment system to strengthen supply chain resilience. In addition we require suppliers to sign the Agreement on Safety established a development pathway that advances four priorities in parallel: online data-driven intelligent and ecological
Fire Protection Environmental Protection and Public Security Management to clarify the responsibilities of both parties development. Through a three-stage roadmap it is steadily advancing Luzhou Laojiao’s digital and intelligent supply chain
regulate supplier conduct and maintain a safe and stable supply chain. transformation28. By building a digital transformation system covering the entire industry chain and integrating systems
such as SAP29 warehousing MES OTB and SRM30 we continue to enhance the visibility of supply chain performance and
In building an integrity-based supply chain the Company clearly stipulates in the Supplier Code of Conduct that suppliers strengthen the level of intelligent operations.must comply with all applicable anti-corruption laws and regulations in the jurisdictions where they operate and requires all
suppliers to sign the Agreement on Joint Integrity Building. We regularly provide suppliers with integrity-focused training and
incorporate the promotion of a culture of integrity into various supplier engagement meetings. By the end of the reporting Luzhou Laojiao Baijiu Logistics Supply Chains Innovation and Development Forum on
period the signing rate of suppliers for the Agreement on Joint Integrity Building had reached 100%. We conducted a total of “Intelligent Upgrading and Digital Transformation”
29 anti-corruption training sessions for suppliers achieving 100% coverage of all suppliers.
On November 20 2025 the "Intelligent Upgrading and Digital Transformation" innovation and
By the end of the reporting period development forum for the alcohol logistics supply chain hosted by the Alcoholic Beverage Logistics
Supply Chain Branch of the China Federation of Logistics & Purchasing and organized by Luzhou
the signing rate of suppliers for conducted a total of achieving Laojiao was successfully convened. At the forum the Company reviewed the sector's development
the Agreement on Joint Integrity trajectory noting that the alcohol logistics supply chain has evolved from traditional stand-alone
Building had reached 29 anti-corruption training 100% coverage warehousing and transportation functions into coordinated development across the full value chain
sessions for suppliers of suppliers encompassing procurement production warehousing transportation and sales and is steadily 100% entering a new stage of intensive and specialized development.Integrity-themed Event on “Clean Supply Chains for Smart Governance and ReliablePackaging Material Assurance”
In 2025 Luzhou Laojiao held the ceremony for signing the Agreement on Joint Integrity Building
with packaging material suppliers at Huangyi baijiu industry park with more than 80 enterprises
participating. The agreement clearly sets out requirements on anti-corruption business ethics and
conflict-of-interest management helping packaging material suppliers strengthen their awareness
of integrity and work together with the Company to foster a fair transparent and clean cooperation
ecosystem.Forum Site of the "Intelligent Upgrading and Digital Transformation" Innovation and Development Forum
28 Refer to page 111 of the 2024 ESG Report for details.
29 SAP System: Short for System Applications and Products it is an integrated enterprise management software that centrally
manages various enterprise resources optimizes business processes and improves operational efficiency and profitability.
30 S RM System: Short for Supplier Relationship Management it centrally manages supplier information procurement
Integrity-themed Event Site
processes contracts performance evaluation and risks.
115 116Synergy LUZHOU Environmental Social and LAOJIAO Governance (ESG) Report
Building Collaborative Value Chains to Foster Win-Win Outcomes 2025 Luzhou Laojiao Co. Ltd.Supply Chain Empowerment
Luzhou Laojiao Intelligent Packaging Workshop
In October 2025 Luzhou Laojiao officially completed and commissioned its No. 18 flexible intelligent We place great importance on building strategic partnerships with core suppliers. In collaboration with warehousing suppliers
filling production line which integrates flexible manufacturing for multiple product varieties smaller we established a small-order picking and distribution center and developed an intelligent order-processing system to
pack sizes and customized products and subsequently entered trial operation. centrally manage products associated with fragmented orders and optimize the end-to-end pickup process for transportation
suppliers.While preserving traditional craftsmanship the production line incorporates intelligent robots and AI
vision recognition systems to fully replace manual labor in labor-intensive processes such as boxing The Company regularly holds logistics performance meetings peak season guarantee kick-off and review meetings
and sorting significantly improving operational precision and production efficiency with production inventory and base liquor stocktaking kick-off meetings and specialized sessions to strengthen communication with suppliers
capacity reaching 5000 bottles per hour. Supported by the MES production management system it and enhance their management capabilities in areas such as quality standards and operational procedures. We also
also enables digitalized management across the entire production process allowing rapid product strengthen suppliers' overall competitiveness by conducting routine business assessments monthly safety inspections and
changeovers and flexible manufacturing for different products. Luzhou Laojiao's No. 18 flexible annual performance assessments while following up on corrective actions as needed thereby fostering mutually beneficial
production line not only provides a replicable and widely applicable technical pathway for smart partnerships with value chain partners.manufacturing in the baijiu sector of China but also advances digital transformation at the production
end of the industry chain.Luzhou Laojiao Filling Operations Skills Invitational
In 2025 Luzhou Laojiao organized its filling production suppliers to participate in a filling operations
skills competition. Guided by the principle of "promoting learning capability enhancement and
development through competition" the event effectively strengthened suppliers' overall capabilities
in filling processes quality control and workplace safety helping to foster a sustainable collaborative
ecosystem characterized by strong production support and effective coordination.Luzhou Laojiao Intelligent Packaging Workshop
Luzhou Laojiao Intelligent Material Management System
In 2025 Luzhou Laojiao put its intell igent
material management system into operation. By
applying AGV31 robotic arms and high-precision
positioning systems among other technologies
the Company achieved fully automated handling
of packaging materials throughout the entire Filling Operations Skills Invitational Event
process from unloading to storage significantly
improving operational efficiency. At the same
time the intelligent material management 32
system interacts with production lines in real Local Supply EmpowermentLuzhou Laojiao Intelligent Material Management
time enabling zero-delay material requisition and System
uninterrupted supply while automated quality To deepen regional collaboration we have fully leveraged local strengths and further advanced our "local sourcing" strategy.inspection ensures zero defects in packaging In 2025 local suppliers accounted for 68.03% of the total supplier base while settlement amounts paid to local suppliers
materials thereby supporting lean production. represented 93.06% of the Company's total annual procurement spending. Settlement amounts paid to suppliers in the
baijiu industry park also accounted for 87.6% of the total annual procurement volume effectively supporting the steady
development of the local economy.
31 Automated Guided Vehicle (AGV) is a driverless transport vehicle powered by batteries. It travels along predefined paths
guided by navigation devices such as magnetic strips tracks lasers or QR codes and is equipped with safety protection
and load transfer devices. 32 Local supply herein refers specifically to the Company's packaging material suppliers and logistics suppliers.
117 118Synergy LUZHOU Environmental Social and LAOJIAO
Building Collaborative Value Chains to Foster Win-Win Outcomes 2025 Governance (ESG) ReportLuzhou Laojiao Co. Ltd.Metrics and Targets Product R&D Management Structure
Supply Chain Management Targets Product R&D Professional Committee
Office of the Product R&D Professional Committee (affiliated
Number of completed safety emergency drills ≥ 1 per year to the Product R&D Department of the Sales Company)
Targets
Monthly support assurance rate ≥ 98% Supply chain peak season assurance
implementation rate ≥ 99.9% Liquor Body Product R&D
Department Strategy Sales Planning Integrated Quality
Packaging
Material Supply Chain
Design &
Management
of the Sales Development Management Department Operations Management Management
Company Department Department Department Center
Purchasing and Center of the
Supply Center Center Liquor-making
Supplier Management and Certifications in 2025 Company
Indicator Unit Data of 2025 Strategy
Total number of suppliers for the year33 / 122
Luzhou Laojiao has positioned technological innovation at the heart of the Company’s development strategy systematically
Number of suppliers certified under the ISO 45001 Occupational Health and Safety
/ 55 identifying major opportunities and potential risks related to critical technological breakthroughs industrial upgrading and
Management System
the development of new quality productive forces and using these insights to guide its annual scientific research planning.Number of suppliers certified under the ISO 14001 Environmental Management System / 60
Number of suppliers certified under the ISO 9001 Quality Management System / 73 Management of Impacts Risks and Opportunities
The Company continues to strengthen its in-house R&D capabilities and advance collaboration among industry academia
and research institutions. By leveraging digital transformation to empower key areas including production management and
Innovation-Driven Development marketing the Company continues to enhance its core competitiveness.R&D Management
Luzhou Laojiao has consistently regarded Innovation-driven Development as the key engine for advancing high-quality
development across the industry. Guided by a philosophy of openness collaboration and mutual benefit the Company has
made steady progress in promoting innovation in the baijiu sector of China injecting strong momentum into the industry's We place great emphasis on internal R&D management cultivate a high-caliber R&D team and take coordinated measures
sustainable upgrading. across product R&D technological innovation and design innovation. From advancing brewing technologies to refining
product appearance we enhance the competitiveness of company products on a comprehensive basis. During the reporting
period the Company developed 401 new products and completed 289 product redesigns.Governance
The Company places great importance on building technology platforms and R&D teams and remains committed to As of the end of the reporting period
empowering smart manufacturing through technological innovation. It has formulated internal management systems
including the Product R&D Management Measures (Trial) and the Measures for the Implementation of Science and Technology
Awards which clearly define product R&D procedures the management responsibilities of relevant departments and reward Luzhou Laojiao’s R&D accounting for the Company had representing
standards thereby fostering innovation across the workforce. investment totaled
0.216 0.84% of 480 R&D 12% of the total Guided by the objective of “co-governance consultation and sharing” we have established the Product R&D Committee to RMB billion total revenue employees number of employees
oversee major strategic and business decisions related to product R&D. The Committee includes the Strategy Development
Department Sales Management Department and Comprehensive Operations Department among others. In parallel the
Company has established the Technology Committee composed of senior executives and leading research experts with
its day-to-day office housed in the Chief Engineer's Office to take full responsibility for the end-to-end management of The Company has continued to advance technological innovation by systematically promoting a range of R&D projects
technology projects. Through collaboration across organizational levels departments and systems we integrate high- including functional microorganisms in pit mud and tea-baijiu integration and has received multiple national-level honors.quality resources from all parties translate research outcomes into real productive capacity and continuously strengthen the In particular the "Functional Microorganisms in Pit Mud and Their Preparation Method" developed by Luzhou Pinchuang
Company’s core competitiveness. Technology Co. Ltd. a wholly owned subsidiary of Luzhou Laojiao successfully addressed the longstanding industry
challenge that "pit mud is difficult to mature and new pits are unlikely to produce high-quality baijiu." This achievement
has enabled the deep integration of traditional craftsmanship with modern biotechnology and effectively supported the
33 The total number of suppliers for the year herein refers to the Company's packaging material suppliers and logistics suppliers. transformation and upgrading of the brewing industry toward "new quality productive forces."
119 120Synergy LUZHOU Environmental Social and LAOJIAO 2025 Governance (ESG) ReportBuilding Collaborative Value Chains to Foster Win-Win Outcomes Luzhou Laojiao Co. Ltd.
Recognition for Technological Innovation in 2025
Industry-Academia-Research Collaboration
Leveraging scientific research platforms such as the National Engineering Research Center of Solid-State Brewing the
national postdoctoral research station and the Sichuan Province Solid-State Brewing Technology Innovation Center the
Company has established in-depth university-enterprise partnerships with more than 50 universities across China through a
range of initiatives including jointly building research centers cultivating high-caliber talent collaborating on government-
funded projects and establishing open research funds. In 2025 the Luzhou Laojiao postdoctoral research station recruited 16
postdoctoral researchers hosted 53 postdoctoral researchers and had cumulatively trained 78 postgraduate interns.In collaboration with Tsinghua University Together with Shanghai Jiao Tong University
the Company carried out research on and Jiangsu Weikang the Company
intelligent inspection technologies and established a Gastrointestinal Health Research
independently developed an in-situ cellar pit Center built a Luzhou Laojiao microbial strain
inspection system effectively overcoming resource bank and developed probiotic
Functional Microorganisms in Pit Mud and Their Development and Application of Key Technologies Across the challenges of real-time monitoring of products tailored to the gut health needs of
Preparation Method the Entire Industry Chain of Traditionally Brewed Foods moisture acidity and starch content in consumers who drink alcohol. These products
were officially launched at the 14th annual
China Patent Excellence Award Special Prize of the Technology Invention Award of fermented grains and closing a technological
the China General Chamber of Commerce gap in the dynamic analysis of the
meeting of the national engineering research
fermentation “black box.” center of solid-state brewing.University-
enterprise Together with Jiangnan University and
collaboration the Sichuan Province Food Inspection
projects in Institute the Company established a key
Together with Nanjing Normal University and laboratory jointly revised the Measures for
Jiangsu Weikang the Company developed 2025 the Management of Open Research Projectsthe “Luzhou Laojiao Probiotic Dietary and created an operating mechanism forSupplement Tablets” which were officially open research projects characterized bylaunched at the 2025 fourth international “openness collaboration mobility andconference on the development of the competition.” Guided by industry needs
traditional fermented food industry the the laboratory carried out fundamental
14th solid-state brewing industry technology frontier and innovative research. In 2025
innovation forum and the annual meeting of the laboratory launched 3 new projects
the national engineering research center of successfully completed 3 projects published
Research on Key Technologies for the Tea-Baijiu Development and Application of Microecological solid-state brewing. 8 papers in Chinese core journals filed 2
Integration Industry Chain and Their Industrialization Regulation Technology for Strong-Aroma Baijiu Pits patent applications and participated in the
formulation or revision of 6 standards at
First Prize of the Science and Technology Progress Third Prize of the Science and Technology Progress various levels.Award of the China National Light Industry Council Award of the China National Light Industry Council
Design Innovation Awards Received in 2025 Luzhou Laojiao Advances Industry Standard Innovation with the Development of China’s First
Sensory Evaluation Standard Sample for A Single Baijiu Variety
Luzhou Laojiao Erqu (2025 Edition) National Cellar 1573 Twelve-Fold Liquor Set
Gold Award at the International Spirits (China) Silver Award at the World Wine and Beverage In October 2025 Luzhou Laojiao and the Sichuan
Competition Vessel Design Competition
Institute of Quality and Standardization jointlyNational Cellar 1573 Spring Brew National Cellar 1573 Spring Brew Luzhou Laojiao Strong Aroma launched the “52%vol National Cellar 1573 Baijiu- Silver Snake Brings Prosperity - Lucky Serpent Blessings 700 Years Sensory Evaluation Standard Sample” project.The project provided critical technical support
Gold Award for Best Liquor Excellence Award for Best Excellence Award for Best for enhancing product quality and establishing
Bottle Design Liquor Bottle Design Liquor Bottle Design a metrological traceability system and became
China’s first sensory evaluation standard sample
National Cellar 1573 Art New Year Edition - Gold National Cellar 1573 Art New Year Edition - Great Era
Rush Fang Lijun Edition Pang Maokun Edition for a single baijiu variety marking a new stage
in the standardization of China’s baijiu industry. Project Launch Ceremony and Seminar
Most Popular Award at the Cultural and Special Jury Nomination at the Cultural and
Creative Product Design Competition Creative Design Competition
121 122Synergy LUZHOU Environmental Social and LAOJIAO Governance (ESG) Report
Building Collaborative Value Chains to Foster Win-Win Outcomes 2025 Luzhou Laojiao Co. Ltd.Industry Leadership Building A Co-Governance Framework for the Baijiu Sector of China and Advancing High-
Quality Development through Collaborative Innovation
Luzhou Laojiao actively participates in the development of national and industry standards and through a range of initiatives
including hosting industry summits organizing technical exchanges and building shared platforms helps build industry Through its collaboration within the Industry Cooperation Alliance for Intellectual Property Protection
consensus and contributes to the sector’s development. Luzhou Laojiao worked with industry task groups around the core objective of "regulating market
order and safeguarding the foundation of the industry" to build a multi-dimensional comprehensive
co-governance framework for the sector. Through coordinated efforts across five key dimensions
Participation in the Development of National and Industry Standards the initiative has not only effectively curbed infringement and counterfeiting but also enhanced the
sector's overall risk resilience and strengthened the foundation for Sustainable development across
the industry.● Quality Requirements for Spirits—Part 1: Whisky (GB/T 11856.1—2025)
● General Technical Specifications for Anti-Counterfeiting Technology Products (GB/T19425- Public education and outreach: multi-channel engagement to strengthen public
2025) awareness
● Sensory Analysis Methods—Texture Profile Analysis (GB/T16860-2025) We moved beyond traditional anti-counterfeiting publicity approaches by partnering with multiple
● Sensory Analysis—Methodology—Magnitude Estimation Method (GB/T19547-2025)
National / Local alcohol producers to launch the “Mengmeng Jian Dian Sha” series of engaging educational
Standards ● Technical Specification for the Production of Sichuan Baijiu (Strong-Aroma Type) Base Liquor videos systematically sharing baijiu authentication knowledge with the public. At the same time
(DB51/T 3261-2025) we actively brought together baijiu beer and imported spirits companies to participate in the
● Technical Specification for the Production of Strong-Aroma Daqu for Sichuan Baijiu (DB51/T Industry Cooperation Alliance for Intellectual Property Protection pop-up events in industrial parks
3262-2025) and universities. Through immersive interactive experiences we integrated anti-counterfeiting
education into real-world consumption settings significantly enhancing the public’s ability to
● Technical Code for the Production of Biochar-Based Organic Fertilizers from Distillers’ Grains
identify counterfeit products and strengthening awareness of their rights protection.
(DB51/T 3263-2025)
Academic exchanges: bringing together multi-stakeholder expertise to address
collaborative governance challenges
● Bottle-Aged Vintage Baijiu (T/CBJ 1108-2025)
Group Specifications for the Packaging Labeling Transportation and Storage of Baijiu in Glass We proactively created a dialogue platform linking government enterprises and academia. ●
Standards Bottles (T/LAPRA 108-2025) Together with the Law School of Sichuan University and regulatory authorities we held discussions
on frontier issues such as responses to “distant-water fishing” and the identification and
● Occupational Standards for Baijiu Tasters (T/SPAQ 0022S-2025) enforcement of infringement involving bare-bottle baijiu while also conducting in-depth academic
exchanges with professors from the People’s Public Security University of China.Industry ● Fruit Wine—Part 4: Green Plum Wine (QB/T 5476.4-2025) Alliance collaboration: joining forces to strengthen the foundation for collaborative
Standards governance
● Fruit Wine—Part 5: Mulberry Wine (QB/T 5476.5-2025)
In developing the authentication sub-alliance we actively engaged leading baijiu companies
such as Shede and Xijiu provided dedicated delivery addresses and forwarded more than 1000
product orders in total. This provided critical support for the alliance’s “mystery test purchases”
and helped enable the tracing and screening of infringing products.Leading the development of the General Requirements for Quality Control Management of
Raw and Auxiliary Materials in Food Production Law enforcement coordination: regional collaboration for targeted action against
infringement
In May 2025 the national standardization demonstration project for the General Requirements for Together with Fenjiu Group we organized a special enforcement outreach visit to Shanxi for
Quality Control Management of Raw and Auxiliary Materials in Food Production led and submitted the industry working group and held in-depth discussions with the provincial public security
by Luzhou Laojiao was formally approved. Jointly advanced by the National Technical Committee department and market regulation authority. During these meetings we raised infringement issues
for Standardization of Food Quality Control and Management the State Administration for Market and enforcement needs involving brands including “Luzhou Laojiao” and “Jiannanchun” helpingRegulation authoritative institutions and several leading food enterprises the project aims to advance a regional collaborative governance model characterized by “local law enforcement +establish end-to-end quality management standards covering raw material production procurement industry support.”
acceptance warehousing and transportation.The successful approval of this project fills a standards gap in upstream management across the food
industry chain and provides important support for quality improvement and safety assurance across
the food industry as a whole.
123 124Synergy LUZHOU Environmental Social and LAOJIAO Governance (ESG) Report
Building Collaborative Value Chains to Foster Win-Win Outcomes 2025 Luzhou Laojiao Co. Ltd.Building A Co-Governance Framework for the Baijiu Sector of China and Advancing High- The 4th International Conference on the Development of the Traditional Fermented Food
Quality Development through Collaborative Innovation Industry the 14th Solid-State Brewing Industry Technological Innovation Forum and the
Annual Meeting of the National Engineering Research Center of Solid-State Brewing
Team cohesion: strengthening collaborative governance resilience through internaland external collaboration From October 11 to 13 2025 the “2025 4th International Conference on the Development of theTraditional Fermented Food Industry the 14th Solid-State Brewing Industry Technological InnovationWe carried out cross-company team-building activities with Fenjiu Group to strengthen the Forum and the Annual Meeting of the National Engineering Research Center of Solid-State Brewing”
cohesion of the industry working group and enhance coordination across teams. We also jointly hosted by the National Engineering Research Center of Solid-State Brewing and the China
established a regular mechanism for sharing infringement leads and conducting coordinated National Research Institute of Food & Fermentation Industries and organized by Luzhou Laojiao andinvestigations creating a closed-loop anti-counterfeiting system featuring “vertical linkage and Sichuan University of Science & Engineering was successfully convened. During the conferencehorizontal coordination.” the “Luzhou Laojiao Probiotic Special Dietary Tablets” jointly developed by Luzhou Laojiao Nanjing
Normal University and Weikang Probiotics were officially launched. Several Chinese and international
academicians provided in-depth analysis of potential technological innovation opportunities in the
baijiu sector of China helping advance interdisciplinary and cross-industry development.Conference Group Photo
Annual Meeting of the China Alcoholic Drinks Association Baijiu Technological Innovation
Strategy Development Working Committee in 2025On June 20 2025 the “2025 Annual Meeting of the China Alcoholic Drinks Association BaijiuLiquor Industry Group SeminarTechnological Innovation Strategy Development Working Committee” hosted by the China Alcoholic
Drinks Association and organized by Luzhou Laojiao was successfully convened. Centered on the
theme “Interpreting Tradition Inheriting Brewing Craftsmanship” the meeting brought together more
than 200 industry experts and representatives from enterprises and research institutions to discuss
pathways for the inheritance and innovative development of baijiu production technologies injecting
fresh momentum into the high-quality development of the baijiu sector of China.Conference Group Photo
125 126Synergy LUZHOU Environmental Social and LAOJIAO Governance (ESG) Report
Building Collaborative Value Chains to Foster Win-Win Outcomes 2025 Luzhou Laojiao Co. Ltd.Metrics and Targets Digital and Intelligent Luzhou LaojiaoLuzhou Laojiao has launched its scientific research planning for the 15th Five-Year Plan period and established long-term 2025 marks the final year of Luzhou Laojiao's digital strategy under the 14th Five-Year Plan. With “data-driven managementquantitative targets for technological innovation across three areas: technology platforms research talent and industry and decision-making” at its core the Company continues to advance transformation across all business areas.standards.Long-term Goals for Technological Innovation Digital Management System
Luzhou Laojiao has established the Digital Transformation Steering Committee headed by the Chairman and the General
● Building on existing platforms such as the National Solid-State Brewing
Manager and the Digital Transformation Executive Office composed of the heads of each business area and the IT function
Engineering Technology Research Center the national postdoctoral
to comprehensively advance the Company's digital transformation. The Company has also put in place a digital architecture
Development of Technological research station the National Industrial Design Center and the Sichuan plan and is systematically promoting business architecture optimization application architecture innovation and the
Innovation Platforms Province Solid-State Brewing Technology Innovation Center the Company strengthening of data architecture to provide technological support for intelligent production.will continue to advance the development and steady operation of the
Sichuan Province Solid-State Brewing Pilot-Scale R&D Platform and the
industry-university-research joint research center.Digital Architecture
● Develop at least 3 senior experts at the provincial/ministerial level or
above. Enterprise Digital Architecture Planning
Research Talent Development
● Develop 10 professor-level senior engineers and 40 senior engineers.● Develop 50 postdoctoral researchers 15 doctoral degree holders and 100
master's degree holders.Business Application Data Technology
Industry and National Standard
● By 2027 participate in the development of 5 national standards and 7 Architecture Architecture Architecture Architecture
Setting industry standards.In addition the Company has established a digital construction guarantee system. Its three core components—“Centerof Excellence” “Information Sharing Service” and “ITBP34” —together form a well-structured and highly efficient digital
operations system providing organizational support for the Company's full digital transformation.Digital Construction Guarantee System
Digital Development Center
Center of Excellence Information Sharing Service ITBP
34 ITBP (IT Business Partner) refers to a team within the IT department that works closely with business departments as
strategic partners. They focus on exploring and implementing ways to leverage technology for business empowerment.ITBP collaborates deeply with business teams thoroughly understanding their needs and transforming those needs into
practical and feasible IT solutions. Their role is to act as a "technology bridge driving business forward."
127 128Synergy LUZHOU Environmental Social and LAOJIAO
Building Collaborative Value Chains to Foster Win-Win Outcomes 2025 Governance (ESG) ReportLuzhou Laojiao Co. Ltd.Achievements in Digital Intelligence
5G+Drone Inspection at Huangyi Distilling Ecological Park
In 2025 Luzhou Laojiao continued to advance key initiatives including the development of its “5G Fully Connected Factory”
and the further build-out of its intelligent computing center thereby enhancing production efficiency and strengthening its At the Huangyi Distilling Ecological Park Luzhou Laojiao has systematically deployed two digital
core competitiveness. security systems—“5G+Intelligent Drone Patrol Inspections” and “Multi-technology IntegratedPersonnel Positioning” —significantly enhancing intelligent workplace safety management and the
park’s proactive risk prevention and control capabilities.Digital Transformation of Product Authentication and Anti-Counterfeiting The ecological park has established a drone airport on the rooftop of the Information Center
where robotic arms perform automatic battery replacement to enable autonomous drone patrol
inspections. Equipped with video monitoring capabilities the drones can identify smoke in real time
In 2025 Luzhou Laojiao independently developed and launched the authentication module of the and automatically trigger alerts. Through an integrated communications system linked directly to the
“Jiuzhiwei Platform” connecting for the first time the “Smart Customer Service Platform” “Market command center they enable remote real-time monitoring of safety hazards as well as rapid dispatchManagement Platform” and “Qianlima Platform” through Restful API interfaces to enable real-time and response.interoperability of authentication-related business data.The park has fully implemented a multi-technology
The platform delivers industry-leading performance with an HTTP35 request success rate of integrated personnel positioning solution combining≥ 99.4% SQL36 query response time of ≤ 50 ms and a cache hit rate of ≥ 95%. Powered by a self- “positioning cards + Bluetooth + LORA + 5Gdeveloped workflow engine the application standardizes the management of business documents private network.” All personnel entering the baijiu
reduces approval steps by 70% and effectively addresses the longstanding challenges of traditional warehouses are required to wear positioning
authentication namely low efficiency and high cost. As a result the average processing time for cards enabling the system to remotely monitor
business documents was reduced to 150 hours per piece representing an efficiency gain of 68.7%. their locations and movement paths in real time.This effectively regulates on-site conduct and 5G+Drone Patrol Inspections
strengthens workplace safety management in key
areas such as the baijiu warehouses.“5G Fully Connected Factory”
Phase II of the Artificial Intelligence Computing Center Project
In 2025 Luzhou Laojiao worked with Luzhou Mobile to develop a dedicated standalone 5G private
network. Using a hybrid multi-band networking model spanning 2600MHz 4900MHz and 700MHz In active response to the national strategy of developing “new quality productive forces” Luzhou
the project deployed 19 macro base stations 3 micro base stations and a locally deployed UPF Laojiao successfully established a 20P AI computing cluster in 2025 and continued to optimize its
achieving full 5G coverage across all park areas. The project also innovatively adopted a dual-active intelligent computing center accelerating the Company’s comprehensive digital transformation and
disaster recovery architecture combining a “locally deployed UPF + shared UPF” which not only intelligent upgrades. Built around high-density low-power chips as its core hardware the project
ensures localized processing of production data but also establishes disaster recovery links through integrates cold-aisle energy-saving technology and a containerized management platform to
the operator network enable flexible scheduling and refined operation of both existing and new computing resources. This
effectively enhancing delivers a dynamic balance between high performance and green low-carbon development further
overall system reliability strengthening Luzhou Laojiao’s green computing infrastructure.and business continuity.The project has been
successfully selected
for the 2025 5G Factory
Directory by the General
Office of the Ministry of
Industry and Information
Technology.
5g Fully Connected Factory
35 HTTP (Hypertext Transfer Protocol) is a straightforward request-response protocol that defines the types of messages a
client may send to a server and the responses it can expect to receive.
36 SQL (Structured Query Language) is a database language that supports a broad range of functions including data Artificial Intelligence Computing Center
manipulation and data definition.
129 130Responsibility
Carrying Forward the
Heritage of the Ancient
Cellars to Benefit SocietyGuided by its corporate philosophy of “co-distilling with naturecoexisting in harmony” Luzhou Laojiao integrates sustainable
development practices into corporate governance and brand
building. Through cultural heritage preservation industry
collaboration and joint social initiatives the Company promotes
cultural development and advances social harmony.Community Contributions 133
Cultural Heritage 138Responsibility LUZHOU Environmental Social and LAOJIAO Governance (ESG) Report
Carrying Forward the Heritage of the Ancient Cellars to Benefit Society 2025 Luzhou Laojiao Co. Ltd.Case Studies of Rural Revitalization Initiatives in 2025
Community Contributions
● In response to the county's actual industrial development needs We provided targeted funding
to support the development of the Hongyuan County Live Livestock Trading Market Integrated
We integrate the fulfillment of social responsibility into our business operations and through systematic and long-term Digital Service Center project working together to build a demonstration trading market with
engagement mechanisms carry out philanthropic initiatives in key areas such as rural revitalization educational support strong practical value and a high level of digitalization;
and emergency relief and disaster response thereby promoting inclusive community development and enhancing public well-
● We distributed more than 9000 chicks to farming households in assisted villages such as
being. Xiangtian Village in Gulin County and Baiyang Village in Xuyong County effectively boosting
household courtyard economies strengthening the collective economy and helping farmers
Rural Revitalization increase their income;
● Using consumer-based assistance as a key driver we systematically advanced multi-dimensional
Luzhou Laojiao has deeply integrated rural revitalization into its corporate development strategy. We fully implement the industrial revitalization purchasing more than RMB 1.3 million worth of agricultural specialty
Industry products from Hongyuan County over the year including yak jerky and yak milk powder;
decisions and arrangements of the CPC Central Committee as well as the provincial Party committee and government and
Revitalization
consistently place rural revitalization assistance in a prominent position within our overall work. We continuously strengthen ● To empower growers we entered into cooperation agreements with them and provided technical
accountability for assistance initiatives and ensure the effective implementation of all related measures. During the year we guidance and price guarantee measures to encourage continued organic cultivation. We also
convened four Party committee meetings and eight special meetings on assistance work to deliberate on key issues such as conducted regular training programs. In 2025 we
industrial development and talent cultivation. We also formulated and implemented the 2025 Work Plan for Baseline Support organized more than 400 training sessions on organic
to Hongyuan County and the 2025 Targeted Assistance Work Plan defining a list of priority tasks and detailing more than ten production management reaching over 30000
participants in total and helping strengthen growers'assistance measures across seven categories. At the same time we improved our working mechanism featuring “leadership commitment to sustainable development. In additionaccountability departmental responsibility and dedicated teams and personnel for implementation.” We also deployed seven the operation of our production bases created local
young backbone employees to work year-round in designated counties and villages to carry out on-site assistance efforts. employment and increased average household
income by RMB 2500-3700 promoting the
In 2025 the Company fully leveraged its strengths in funding technology and management to deliver high-quality coordinated advancement of ecological preservation
assistance initiatives in areas including Industry Assistance educational assistance employment assistance consumption and economic development. Distribution of Donated Chicks
assistance Talent Assistance and the promotion of positive social customs. It invested a total of RMB 13.3762 million in rural
revitalization assistance benefiting more than 5000 villagers with a focus on consolidating poverty alleviation outcomes
and continuing to advance rural revitalization.● We invested RMB 100000 to launch an e-commerce talent training program at the Party School
of the Hongyuan County Committee as part of our contribution to rural revitalization efforts.As of the end of the reporting period Closely aligned with the practical needs of local industries the program engaged senior experts
to provide 40 trainees with hands-on instruction across the full e-commerce value chain helping
cultivate local digital skills talent. At the same time by creating job opportunities through multiple
the Company invested a total of benefiting more than channels and supporting entrepreneurship we effectively eased employment pressure on young
people in less-developed areas;
RMB 13.3762 million in rural revitalization assistance 5000 villagers
● We continued the Pillar Project student assistance initiative. In 2025 it supported more than 30
Talent rural students in gaining admission to higher education institutions further strengthening the
Revitalization talent base for long-term rural revitalization.● To support the preservation and renewed vitality of rural culture we invested RMB 35000 to
Cultural support villagers in organizing traditional festivals and distinctive cultural activities promoting the
Revitalization wider dissemination and orderly preservation of intangible cultural heritage such as Baiwang Folk
Singing and Instrumental Performance and Tibetan opera.
133 134Public Welfare Initiatives
"Luzhou Laojiao Scholarship" "Luzhou Laojiao Hongzhang Teaching Fund"
Luzhou Laojiao continued to carry out donation initiatives such as “Small Backpacks Big Love” and the “Pillar Project” while We have maintained ongoing To fulfill our corporate responsibility of
sustaining public welfare programs including the “Luzhou Laojiao Scholarship” the “Luzhou Laojiao Golden Chalk Award” cooperation with Southwest Medical funding education and giving back to the
and the “Luzhou Laojiao & University of Electronic Science and Technology of China Education Development Fund” thereby University providing cumulative community and in accordance with theencouraging teachers to devote themselves to education and supporting students in their growth and development. In support to 300 outstanding students donation agreement for the “Luzhou Laojiaoaddition the Company actively organized a range of volunteer activities including charitable teaching Community care and and enabling them to pursue academic Hongzhang Teaching and Scholarship Fund”
support for the “Sichuan Super League” Music Festival encouraging employees to engage in public welfare practice. During excellence in their respective fields. signed in 2021 We made a designated
the reporting period employee volunteers recorded a total of 2909 participations carried out 138 activities and contributed donation of RMB 810000 to Luzhou High
more than 4300 service hours. School to support teaching and scholarship
awards and help students grow and thrive.In 2025 the Company’s total investment in public welfare initiatives reached RMB 24.71 million including RMB 4.31 million Luzhou Laojiao
invested in education philanthropy. Education
Donation
"Luzhou Laojiao & University of Electronic Program "Luzhou Laojiao Golden Chalk Award" and
Science and Technology of China Education "Luzhou Laojiao Golden Shield Award"
Public Welfare Student Support Initiatives under the “Pillar Project” and “Small Backpacks Development Fund"Big Love” Since 2023 We have donated a total The Company established the “Luzhouof RMB 2 million to the Education Laojiao Golden Chalk Award” at SouthwestLuzhou Laojiao has actively worked to strengthen the foundations of basic education with a focus on Development Fund of the University of Medical University and the “Luzhousupporting children from financially disadvantaged families who are diligent motivated confident and Electronic Science and Technology of Laojiao Golden Shield Award” at Sichuan
resilient. In 2025 the Company continued to participate in targeted assistance programs in Luzhou China demonstrating our commitment Police College. By recognizing outstanding
City including the “Pillar Project” and “Small Backpacks Big Love” to support student development to corporate social responsibility educators these awards promote teachers’
and further promote educational equity. professional development and contribute to through concrete action and supporting the development of a high-quality teaching
the advancement of higher education. workforce in Luzhou.“Growing Together in Pursuit of Shared Dreams National Cellars Youth Taking Responsibility”
Charitable Teaching Activity
From May 29 to 30 2025 Luzhou Laojiao’s National Cellars youth volunteers visited Hongdongqiao
Village Primary School in Dashi Town Xuyong County and Xiangyang Primary School in XiangtianVillage Longshan Town Gulin County to carry out a charitable teaching initiative themed “GrowingTogether with Shared Aspirations and Dreams with National Cellars Youth Courageously TakingResponsibility” celebrating the holiday with the children. During the program We offered a range of
distinctive courses including art science experiments music basketball handicrafts badminton and
calligraphy. This initiative marked our first engagement with Hongdongqiao Village Primary School and
the tenth consecutive year of our heartfelt gathering with the teachers and students of Xiangyang
Primary School. Since the Youth League Committee of the Company launched the program in 2016 Wehave continued to put into practice the corporate philosophy of “co-distilling with nature coexisting inharmony” bringing youthful vitality to rural education.Luzhou Laojiao Scholarship award ceremony
Committed to fulfilling the responsibilities of a state-owned enterprise and actively
responding to emergency rescue and disaster relief efforts
In 2025 Luzhou Laojiao actively fulfilled its social responsibility as a state-owned enterprise by
responding swiftly to sudden natural disasters and fully supporting emergency rescue disaster relief
and post-disaster reconstruction efforts. The Company donated RMB 10 million each to the earthquake-
stricken area in Dingri County Tibet and the landslide-affected area in Junlian County Yibin City.These funds were designated for emergency response the resettlement of affected residents and
the restoration of normal production and daily life helping disaster-affected communities overcome
Volunteers with the Children Volunteers Teaching Children difficulties and rebuild their homes through practical actions.
135 136Rural Volunteer Service Series Activities Cultural Heritage
In March Luzhou Laojiao organized young volunteers to visit Shiliang Community in Longmatan District
and carry out the themed service " Youth Volunteer · Beautifying the Countryside." During the event
volunteers collaborated with local police to conduct anti-fraud publicity raising residents' awareness Luzhou Laojiao regards cultural heritage as the spiritual foundation and source of value for its corporate development
of scams through case studies and interactive sessions. and has systematically built a cultural framework that integrates historical legacy the spirit of the times and brand
responsibility. The Company not only safeguards millennia-old brewing techniques and tangible heritage but also promotes
In September we traveled to Baiyang Village Tianchi Town Xuyong County—a village supported the revitalization and wider dissemination of culture in the modern era through innovative forms of expression. In doing so it
by the company—and conducted the themed volunteer service activity "Warming Baiyang Village continues to enrich the cultural essence of Chinese baijiu and has set a benchmark for the industry in cultural continuity and
Volunteerism in Action." Through popular science lectures fun interactions and convenient services value creation.the activity helped villagers solve practical problems and created a warm harmonious festive
atmosphere. Over 50 participants joined the event achieving positive service outcomes.Inheriting Baijiu Culture
The Company has consistently regarded the preservation and innovation of Chinese baijiu culture as a core responsibility
and source of value for its development continuously advancing the deep integration of liquor-making technology academic
research and cultural communication while carrying forward millennia of brewing wisdom."Youth Volunteer · Beautifying the Countryside" volunteer activity scene "Huaiyu Cup" Brewing Skills Competition
On March 1 2025 Luzhou Laojiao successfully held the "Huaiyu Cup" Brewing Skills Competition.Featuring challenge and title-defense rounds the event brought together the Company's core brewing
technicians to compete on the same stage vividly showcasing the integrated innovation of traditional
brewing craftsmanship and modern production technology. The competition not only provided
industrial workers with a professional platform to demonstrate their skills exchange expertise and
enhance their capabilities but also systematically highlighted through the competitive process
the distinctive appeal of intangible cultural heritage brewing techniques and the core value of the
"Warming Baiyang Village Volunteerism in Action" volunteer activity scene craftsmanship spirit effectively promoting the contemporary inheritance of traditional baijiu culture
and the industry's high-quality development.Philanthropy and Charity Prestigious Honors Received in 2025
Luzhou Branch of the Sichuan Luzhou Branch of the Sichuan State-owned Assets Supervision
Poverty Alleviation Foundation Poverty Alleviation Foundation and Administration Commission of
Sichuan Province
Special Contribution Award Outstanding Contribution "Top 10 Photographers" Award
for Caring Support in the Award for the 10th Anniversary in the "Assistance Through“Small Schoolbag Great of the “Small Schoolbag Great the Lens: Snapshot CampaignLove” Philanthropic Donation Love” Philanthropic Donation on Support Provided by State-
Campaign Campaign owned Assets and State- "Huaiyu Cup" Brewing Skills Competition
owned Enterprises for Rural
Revitalization"
137 138Shaping Brand Culture
Participation in the First Chinese-Style Mixed Drink Skills Competition
The First Chinese-Style Mixed Drink Skills Competition was officially launched in June 2025 under the Guided by the core framework of “historical inheritance resonance with the times and international dialogue” Luzhou
theme "Honoring a Century of Craftsmanship Blending the Charm of the East." Covering knowledge Laojiao has built a brand culture system distinguished by heritage interactivity and global appeal through the systematic
of Chinese Baijiu and mixed drinks appreciation of traditional culture and product creation the development of diverse platforms such as sports marketing artistic crossover initiatives and emotional engagement
competition provided an important platform for skills exchange across the industry. experiences.The Company actively organized employees to participate in the competition. A total of seven Corporate Philosophy
contestants delivered outstanding performances demonstrating strong professional capabilities and Corporate MissionCo-distilling with nature
innovation and secured first- second- and third-place awards in the finals. In addition the Company Brewing happiness
was named a “Special Contribution Unit” underscoring our active role in advancing the preservation Coexisting in harmonyy
and innovative development of industry craftsmanship.Enterprise Development Corporate Vision
Philosophy Luzhou Laojiao inspires the
Growing with society Core Elements of world
Thriving with nature the Luzhou Laojiao National Cellar 1573 brings the
Brand Culture
Coexisting with humanity taste of China to the world
First-place award ceremony Core Value
Corporate Spirit
Dare to lead the way Sincere in character
Strive and find the joy Exacting in craft
Respect every person every post Faith in quality
Pursue the new the excellent Focus on the consumer
Final Competition Site Receiving the “Special Contribution Award”
2025 Luzhou Laojiao National Cellar 1573 Storage Ceremony
The Theory of Laojiao Advances the Systematic Development of the Disciplinary Framework In 2025 under the theme "Riding the Waves Forward
for Baijiu Studies China’s Strong-Aroma Baijiu" Luzhou Laojiao held
the National Cellar 1573 Storage Ceremony on a ship-
shaped stage at Dongmen Wharf using immersive
On March 1 2025 Luzhou Laojiao supported the publication of the historical scenes to recreate the classic story of
Theory of Laojiao the first academic monograph in China's baijiu "Wenyongsheng" winning a gold award overseas
industry to provide a systematic study of “old cellar studies.” The in 1915. Through a dialogue between the past and
book for the first time clearly defines core industry concepts such the present the event presented the full sequence
as “old cellar” and “century-old cellar pit” introduces forward- of ceremonial elements including sacrificial rituals
looking perspectives including “pit mud evolutionary dynamics” and liquor drawing and sealing reinforcing the brand
“microbial social behavior” and systematically explains the scientific identity of the "ancestor of strong-aroma baijiu"mechanisms behind the principle that “old cellars produce fine while strengthening its cultural distinctiveness withinbaijiu” through analytical tools such as the “Nine-Dimension Theory” a global narrative framework. The event created
and the “Golden Ratio Fermentation Model.” a culturally immersive platform that fostered deep
emotional connections with distributors and consumers
As a scientific synthesis of Luzhou Laojiao's more than 700 years generating over 12 million Weibo topic discussions 2025 Luzhou Laojiao National Cellar 1573
of traditional distilling techniques this work fills a gap in systematic Publication of the Theory of 8.5 million live streaming views and 350 million online Storage Ceremony
academic research in the baijiu field and provides a robust scholarly Laojiao by Luzhou Laojiao impressions. In this way it brought renewed vitality to
foundation for the contemporary transmission and international the century-old brand’s historical legacy and emotional
development of traditional brewing techniques. resonance through contemporary communications.
139 1402025 Luzhou Laojiao "Cellar Master Festival" Partnership Between Luzhou Laojiao and the ITTF World Cup
In 2025 guided by the priorities of "brand traffic and business" Luzhou Laojiao launched the In 2025 as a global premier partner of the ITTF
"Cellar Master Festival." Through a model integrating "scenario + flagship products + operations + World Cup Luzhou Laojiao leveraged the sport's
event hosts" the Company closely combined interactive experiences scenario-based marketing broad influence to implement a systematic sports
and product sales creating a complete closed-loop process from offline scene development and marketing program centered on tournament
brand communication to product promotion and sales conversion. The event brought together platforms building a year-round integrated
brand promotion channel operations the membership system public relations communications engagement model spanning professional
and e-commerce platforms to enable cross-channel resource integration and traffic sharing break competitions and brand-led amateur events.down marketing barriers and create mutual reinforcement between brand communication and sales Through the Macau Singles World Cup and the
conversion. This edition of the Cellar Master Festival attracted 60000 participants added 9506 new Chengdu Mixed Team World Cup the Company
members and generated over 128 million impressions effectively accumulating brand assets and user launched interactive initiatives including city
resources and injecting new momentum into the Company’s marketing system. chal lenge event rol louts and park-based
experiential activations significantly enhancing
consumer awareness and perception of the
brand. Over the course of the year tournament
broadcasts reached a cumulative audience of On-site at the Luzhou Laojiao and ITTF World Cup
over 1.27 billion and the brand achieved 312 Partnership Event
hours of global exposure effectively advancing
the younger and more international expression
of its brand value.Luzhou Laojiao's 2025 "Cellar Master Festival"
Luzhou Laojiao's Global Brand Communication Initiative at the Australian Open
In 2025 guided by its brand philosophy of “sharing the taste of China with the world” Luzhou Laojiao
leveraged the Australian Open to launch a global campaign integrating culture and sport. Cultural
Co-hosted the 2025 International Poetry & Liquor Culture Conference Ambassador Jackie Chan and Chairman Liu Miao attended the event in person incorporating Chinese
intangible cultural heritage elements such as lacquer fans and dragon dances into the tournamentIn November 2025 Luzhou Laojiao together with the People's Government of Luzhou City and Poetry setting and successfully creating an overseas brand experience themed around the “Chinese IntangiblePeriodical co-hosted the International Poetry & Liquor Culture Conference. During the conference Cultural Heritage Spring Festival.” Related content generated a total of 1.2 billion views and 579 million
a series of events were held including the Liquor City Forum creative exchange sessions poetry interactions on social media sparking a far-reaching wave of cross-cultural engagement.recitations and cultural immersion activities creating diverse platforms for literary exchange and During the same period we launched the “National Cellar 1573 Australian Open Amateur Challenge”
public cultural engagement. Under the theme "Let Poetry and Liquor Warm Everyone" the Night of in 24 cities nationwide holding 24 qualifying tournaments and a final in Beijing over seven months.Glory brought together more than 500 writers artists translators and media representatives from The event attracted more than 1700 players and guests supported the development of a tennis club
around the world while also attracting over 2000 on-site guests and millions of online viewers. network spanning 14 cities and completed digital profiling of core users with a “tennis” tag laying a
Through poetry music drama and other art forms the event delivered a cross-disciplinary cultural solid foundation for the brand’s sustainable presence in the premium sports segment.celebration.International Poetry & Liquor Culture Conference Australian Open Global Brand Campaign
141 142Preserving Cultural Heritage
Traditional Distilling Techniques of Luzhou Laojiao Baijiu
Drawing on its deep historical heritage Luzhou Laojiao has established a cultural heritage protection system built around
the trinity of “cellars craftsmanship and documentation.” This approach has enabled traditional techniques and historical Originating in the Qin and Han Dynasties and taking shape and maturing through the Yuan Ming and Qing
memory to remain vibrant in the course of contemporary development offering a model corporate practice for preserving Dynasties the traditional distilling techniques of Luzhou Laojiao Baijiu have been passed down through 24
and promoting baijiu culture. generations over more than 700 years earning recognition as a "living cultural relic" of Chinese brewing
craftsmanship. In May 2006 as a representative heritage of strong-aroma baijiu these techniques were inscribed
on the first National Intangible Cultural Heritage List.
1573 National Treasure Cellars
First built in 1573 during the Ming Dynasty the ancient cellar complex was designated by the State Council in
December 1996 as part of the fourth group of National Key Cultural Relic Protection Units. It was subsequently Luzhou Laojiao Archival Documents (1771–1983)
included in the Tentative List of World Cultural Heritage Sites three times in 2006 2012 and 2019. In March 2013
the State Council issued the Notice on the Verification and Announcement of the Seventh Group of National Key In June 2025 Luzhou Laojiao Archival Documents (1771–1983) was included in the national China ArchivalCultural Relic Protection Units further bringing the “Luzhou Laojiao cellar complex distilling workshops and liquor Document Heritage List becoming the first archival documentary heritage entry related to alcoholic beverages onstorage caves” under the designation of the fourth group of National Key Cultural Relic Protection Units. the list. This milestone means that Luzhou Laojiao is the only cultural entity in the industry to be recognized across
all three major national heritage lists: National Key Cultural Relics Protection Units National Intangible Cultural
Heritage and National Archival Document Heritage. These archives systematically document the transmission
of distilling techniques changes across the industry and the Company's core strengths and serve as important
primary source materials for the study of the history of Chinese baijiu.Floor Plan of the Xietaixiang Shopfront at the Historic Luzhou Laojiao Brewing Workshop
Prestigious Honors Received for Luzhou Laojiao's Cultural Heritage Inheritance Efforts in 2025
● Luzhou Laojiao Archival Documents (1771–1983) was included in the national China Archival Document
Heritage List
● The Luzhou Laojiao Scenic Area was selected as an Outstanding Case in the 2025 Blue Book on the Integrated
Development of Intangible Cultural Heritage and Tourism and was the only case selected from the baijiu
sector of China
● Events such as the "Storage Ceremony" were successfully selected for the "Chinese Alcohol Industry Cultural
IP" program and were featured in the China Alcoholic Drinks Association Cultural News
● Completed the nomination filings for four municipal-level inheritors as well as the annual evaluations and
training plan submissions for representative inheritors of intangible cultural heritage at the national provincial
and municipal levels
143 144Environmental Social and
Governance (ESG) Report
Appendices LUZHOU Luzhou Laojiao Co. Ltd.LAOJIAO
Appendices Chapter Laws and Regulations Internal Policies
Management System for Transfer Manifests of
Hazardous Waste
Standard for Pollution Control on Hazardous
Packaging Standardized Management System for General Solid Waste
List of ESG Policies and Regulations Complied With Waste StorageMaterials Standardized Management System for Hazardous Waste
and Waste Regulations of Sichuan Province on Prevention
and Control of Environmental Pollution by Solid Operation Management System for Pollution Prevention and Control Management
Waste Facilities
Chapter Laws and Regulations Internal Policies Notice on Enabling Electronic Management Ledger for General Industrial Solid Waste
Energy and Measures for Energy Management Assessment
Integrity: Building a Strong Governance Foundation for Steady Development Resource Water Law of the People’s Republic of China
Management Energy Management System
Articles of Association Excellence: Pursuing the Highest Standards of Product Quality Through Craftsmanship
Rules of Procedure for Shareholders' Meetings
Company Law of the People's Republic of China Rules of Procedure for the Board of Directors Measures for the Management of Daily Control Weekly Inspection and
Corporate Securities Law of the People's Republic of China Information Disclosure Management System Monthly Scheduling of Food Safety Risks
Governance Guidelines for the Articles of Association of Listed Investor Relations Management System Product Recall Control Procedures
Companies Measures for Compliance Management Product Recall Control Procedures and the Luzhou Laojiao 2025 Food
Market Value Management System Product Quality Law of the People's Republic of Safety Emergency Drill and Food Safety Recall Drill Plan (Drill)
China
Basic Standards for Enterprise Internal Control Quality Manual of Packaging Material Suppliers
Food Recall Management Measures
Quality Manual of Distilling Raw and Auxiliary Materials Suppliers
Product Safety Food Safety Law of the People's Republic of China Quality Manual for Logistics Enterprises"Three Early Warnings and Three Cards" Integrity Alert Mechanism and Quality
General Standard for the Labeling of Quality Manual of Product Distribution Enterprises
Supervision Law of the Republic of China Regulations on Employee Integrity Compliance Prepackaged Foods Measures for Product Pilot Testing Management
Anti-Monopoly Law of the People's Republic of China Measures for Integrity Review in Official Selection and Appointment Measures for the Supervision and Administration Industry 4.0 Packaging Material - Labels
Business Ethics Anti-Unfair Competition Law of the People's Republic of
Interim Provisions on Middle-Level Official Accountability of Food Labeling Industry 4.0 Packaging Material - Glass Bottles
China Several Provisions on Middle-Level Official Integrity Complianceand Anti- Measures for Food Safety Officer Management
corruption Anti-Money Laundering Law of the People's Republic of Official Management Measures
China Food Safety Protection PlanBusiness Ethics and Anti-corruption Policy
Measures for the Administration of RMB Current Measures for Food Safety Risk AssessmentMonetary Fund Management Measures
Accounts with Banks Bank Deposit Management Measures
Excellent Management Measures for After-Sales Service
Administrative Measures for Letters and Visits Reporting Customer Service / Verification Manual 1.0 for Products with Quality Issues
Anti-Unfair Competition Law of the People's
Cybersecurity Law of the People's Republic of China Republic of China
Data Security
and Privacy Data Security Law of the People's Republic of China Measures for the Cybersecurity Management of Industrial Control Responsible AdvertisingAdvertisement Law of the People's Systems Marketing Republic of China Luzhou Laojiao Co. Ltd. Responsible Marketing PolicyProtection Personal Information Protection Law of the People's
Republic of China Law of the People's Republic of China on the
Protection of Consumers' Rights and Interests
Symbiosis: Brewing Sustainable Beauty in Harmony with Nature
Patent Law of the People's Republic of China
Environmental Management Manual Trademark Law of the People's Republic of Administrative Measures of Luzhou Laojiao Co. Ltd. for the Use of
Collection of Environmental Protection Management Systems Intellectual ChinaProperty "National Cellars" and "Luzhou Laojiao" as Corporate Trade Names
Environmental Protection Law of the People's Republic Environmental Protection Responsibility System and Assessment Protection Copyright Law of the People's Republic of China
of China Intellectual Property Management ManualManagement System Enterprise Intellectual Property Management
Regulations of Sichuan Province on Environmental Management System for Laws and Regulations on Ecological Standards
Protection Environmental Protection and Evaluation of Environmental Factors
Environmental Emission Standard for Air Pollutants for Boilers
Compliance Information Reporting and Emergency Management System for
Management Emission Standard for Air Pollutants for Thermal Power Environmental Emergencies
Plants Cohesion: Bringing Together Diverse Talent to Create Shared ProgressManagement System for Investigation and Control of Potential
Integrated Emission Standard of Air Pollutants Environmental Hazards Labor Law of the People's Republic of China
Law on Noise Pollution Prevention and Control of the Water Pollution Prevention and Control Management System Recruitment Management Measures
People's Republic of China Employee Rights Labor Contract Law of the People's Republic of Air Pollution Prevention and Control Management System China Employee Code of Conduct and Labor Discipline Management
Management System for Prevention and Control of Environmental and Protection MeasuresSocial Insurance Law of the People's Republic of
Noise Pollution China Compensation Management Measures
145 146Environmental Social and
2025 Governance (ESG) ReportAppendices LUZHOU Luzhou Laojiao Co. Ltd.LAOJIAO
SZSE ESG Indicator Index
Chapter Laws and Regulations Internal Policies SZSE Guidelines No. 17 for Self-
Regulation of Listed Companies— Issue Corresponding Chapter
Promotion Management Measures Sustainability Reporting (Trial)
Employee Training and Position Management Measures
Development / Chapter 3 Environmental Information DisclosureCourse Management Measures
Internal Lecturer Management Measures Article 21 Addressing Climate Change
Employee Communication and
Care / Administrative Measures for Assistance Funds for Employees in Need
Article 22 Addressing Climate Change
Article 23 Addressing Climate Change
Work Safety Law of the People's
Republic of China Work Safety Responsibility System Article 24 Addressing Climate Change
Law of the People's Republic of Climate responseWork Safety Commitment Management System Article 25 Addressing Climate Change
Health and Safety China on Prevention and Control of
Occupational Diseases Stakeholder Safety Management System Article 26 Addressing Climate Change
occupational health and safety Luzhou Laojiao Health and Safety Policy
management system certification Article 27 Addressing Climate Change
Article 28 Addressing Climate Change
Synergy: Building Collaborative Value Chains to Foster Win-Win Outcomes
Article 30 Pollutant discharge Environmental Compliance Management
Luzhou Laojiao Supplier Code of Conduct
Article 31 Waste disposal Packaging Materials and Waste Management
Procurement Management Measures
Detailed Rules for Supplier Database Article 32 Ecosystem and biodiversity protection Sustainable Agriculture Practices
Supply Chain Management / Detailed Rules for the Supplier Database for Liquor and Related Article 33 Environmental compliance management Environmental Compliance Management
Material Logistics Services and E-commerce Logistics Services
Agreement on Safety Fire Protection Environmental Protection and Article 35 Energy utilization Energy and Resource Management
Public Security Management
Article 36 Water resources utilization Energy and Resource Management
Innovation-Driven Product R&D Management Measures (Trial)
Development / Measures for the Implementation of Science and Technology Awards Article 37 Circular economy Packaging Materials and Waste Management
Chapter IV Social Information Disclosed Herein
Responsibility: Carrying Forward the Heritage of the Ancient Cellars to Benefit Society
Article 39 Rural Revitalization Rural Revitalization
2025 Work Plan for Baseline Support to Hongyuan County Article 40 Social Contribution Public Welfare Initiatives
Community Contributions /
2025 Targeted Assistance Work Plan Innovation-Driven Development
Article 42 Innovation-driven
Digital and Intelligent Luzhou Laojiao
Cultural Heritage / /
Article 43 Ethics of science and technology NA
Article 45 Supply chain security Supply Chain Management
Article 46 Treat SMEs Equitably NA
Article 47 Safety and quality of products and
Product Safety and Quality
services Excellent Customer Service
Article 48 Data Security and Privacy Protection Data Security and Privacy Protection
Employee Rights and Protection
Article 50 Employee Employee Training and Development
Employee Communication and Care
Chapter 5 Sustainability-Related Governance Disclosures
Management of Risks and Opportunities Related to
Article 52 Due Diligence Financial Materiality
Corporate Governance
Article 53 Stakeholder Communication Stakeholder Communication
Article 55 Anti-Bribery and Anti-corruption Business Ethics and Anti-corruption
Article 56 Unfair Competition Business Ethics and Anti-corruption
147 148Environmental Social and
2025 Governance (ESG) ReportPreface LUZHOU Luzhou Laojiao Co. Ltd.LAOJIAO
Data Performance Table
Economic Social
Indicator Name Unit 2025 2024 2023 Indicator Name Unit 2025 2024 2023
Total operating revenue RMB 100 million 257.31 311.96 302.33 Innovation-driven development
Net profit attributable to parent company RMB 100 million 108.31 134.73 132.46
R&D investment amount RMB 100 million 2.16 2.80 2.67
Governance Proportion of R&D investment in operating revenue % 0.84 0.90 0.88
Indicator Name Unit 2025 2024 2023 Number of R&D employees / 480 475 468
Corporate governance Proportion of R&D employees % 12.27 12.40 /
Number of board meetings held / 13 9 11 Cumulative number of invention patent applications related to
principal business / 657 / /
Overall attendance rate of directors % 100 100 100
Cumulative number of invention patent applications / 675 560 434
Number of board members / 11 11 11
Cumulative number of invention patents granted / 251 211 188
Number of independent directors / 6 4 4
Proportion of independent directors % 54.5 36.4 36.4 Cumulative number of valid patents / 504 / /
Number of female directors / 1 1 2 Product safety and quality
Business ethics and anti-corruption Number of food safety incidents / 0 0 0
Signing rate of Agreement on Joint Integrity Building with suppliers and
distributors % 100 100 / Number of product recall incidents / 0 0 /
Coverage rate of business ethics training for all employees and contractors % 100 / /
Sessions of quality training / 22 24 /
Cumulative anti-corruption training hours for the board Hours 66 / /
Cumulative anti-corruption training hours for management Hours 1080 / / Customer service
Cumulative anti-corruption training hours for entry-level employees Hours 19800 / / Customer service satisfaction rate % 99 99.7 100
Sessions of anti-money laundering training / 2 / / Customer feedback response rate % 100 100 100
Coverage rate of anti-money laundering training for key positions % 100 / /
Customer complaint resolution rate % 97.18 97.30 100
Number of money laundering incidents or related violations of laws or
regulations occurred / 0 / /
Supply chain management
Number of any litigation or subject to any major administrative penalties
arising from unfair competition / 0 / /
Total number of suppliers Suppliers 122 100 /
Data security and privacy protection
Sessions of anti-corruption training for suppliers Sessions 29 4 /
Sessions of cybersecurity training / 5 6 /
Number of data security or privacy security breaches / 0 0 / Coverage rate of anti-corruption training for suppliers % 100 100 /
149 150Environmental Social and
Governance (ESG) Report
Preface LUZHOU 2025 Luzhou Laojiao Co. Ltd.LAOJIAO
Indicator Name Unit 2025 2024 2023 Indicator Name Unit 2025 2024 2023
Employment Aged 51 and above % 1.30 10.47 /
Total number of employees / 3912 3832 3770 Employee turnover rate by type
Number of employees by gender Senior management % 0.00 7.14 /
Number of male employees / 2645 2601 2547 Middle management % 0.03 1.84 /
Number of female employees / 1267 1231 1223 Entry-level employees % 6.13 7.14 /
Number of employees by age group Employee Training
Aged below 30 / 1319 1347 1320 Training investment RMB 10000 1394 1388.15 1388.15
Aged 31-50 / 2093 1998 1987 Total number of employees trained / 3816 3345 /
Aged 51 and above / 500 487 463 Total employee training hours Hours 360781.99 297378.88 136094.8337
Number of employees by educational background level Average training hours per employee Hours 94.54 88.90 /
Below associate degree level / 399 417 / Employee training by gender
Bachelor's degree and associate degree holders / 2789 2796 / Male employees / 2556 2253 /
Postgraduate degree and above holders / 702 603 / Female employees / 1260 1092 /
Number of employees with doctoral degrees / 22 16 / Employee training by employee level
Number of employees by type Number of senior management trained / 12 11 /
Senior management / 12 14 / Number of mid-level management employees trained / 170 159 /
Middle management / 172 163 / Number of entry-level employees trained / 3634 3175 /
Entry-level employees / 3728 3655 / Employee Care
Employee turnover Number of employees receiving large and fixed hardship subsidies / 1935 1876 /
Total employee turnover rate % 6.16 6.92 / Total assistance for disadvantaged employees RMB 10000 103.19 87.18 65.86
Employee turnover rate by gender Health and Safety
Male employees % 4.58 6.19 / Number of work-related deaths - employees / 0 0 0
Female employees % 1.58 8.45 / Number of work-related deaths - contractors / 0 0 /
Employee turnover rate by age group Work-related fatality rate - employees % 0 0 0
Aged 30 below % 3.02 10.39 / Work-related fatality rate - contractors % 0 0 /
Aged 31-50 % 1.84 3.70 /
37 This data has been updated retrospectively.
151 152Environmental Social and
2025 Governance (ESG) ReportPreface LUZHOU Luzhou Laojiao Co. Ltd.LAOJIAO
Environmental38
Indicator Name Unit 2025 2024 2023 Indicator Name Unit 2025 2024 2023
Days lost due to work-related injuries - employees Days 70 320 / GHG emissions
Workplace safety investment RMB 10000 1397.63 1273.26 2366.3 Direct GHG emissions (Scope 1) tCO2e 106713.30 126172 117800.73
Indirect GHG emissions (Scope 2) tCO2e 25107.36 24829 15629.51
Amount invested in employment injury insurance RMB 10000 268 246 /
Total GHG emissions (Scopes 1 and 2) tCO2e 131820.66 151001 133430.24
Coverage rate of employees with employment injury insurance % 100 100 /
GHG emissions intensity (Scopes 1 and 2) tCO2e/million gross industrial output value 10.48 14.69 14.37
Amount invested in work safety liability insurance RMB 10000 20 20 / Wastewater discharge39
Coverage of work safety liability insurance % 100 100 / Total wastewater discharge Tonnes 1307370.28 1300200.68 /
Safety Training COD emissions Tonnes 277.69 29.90 /
BOD emissions Tonnes 37.79 / /
Number of participants in safety drills / 6100 6500 4100
Ammonia nitrogen emissions Tonnes 15.09 0.94 /
Number of safety drills - employees / 224 211 /
Total phosphorus emissions Tonnes 11.50 0.58 /
Number of safety drills - contractors / 59 41 / Emission of air pollutants
Total safety training hours - employees Hours 22168 85356 / Total waste gas emissions Cubic meters 824753910.59 799468961.90 /
Total safety training hours - contractors Hours 7200 7034 / Particulate matter Tonnes 0.10 0.12 /
Sulfur oxides emissions Tonnes 0.60 0.46 /
Safety training coverage rate - employees % 100 100 /
Nitrogen oxides emissions Tonnes 24.70 22.82 /
Safety training coverage rate - contractors % 100 100 /
Smoke and dust emissions Tonnes 0.45 0.46 /
Packaging material consumption40
Glass consumption Tonnes 112080.71 145687.47 /
Metal consumption Tonnes 415.74 4694.84 /
Ceramic consumption Tonnes 1237.61 1238.15 /
Wood and paper consumption Tonnes 67585.67 74858.85 /
38 Intensity and density indicators have been retrospectively updated to reflect methodological boundary adjustments.
39 The total volume of wastewater discharge remained within normal fluctuation levels. Following the implementation of
negotiated discharge arrangements the concentration of water pollutants in effluent released from the Luohan Distilling
Ecological Park increased resulting in a higher total load of pollutants discharged beyond the plant boundary.
40 In 2025 the Company enhanced and upgraded its packaging material consumption statistical system. The statistical scope
was expanded from the five major product items in 2024 to all product categories leading to a corresponding adjustment
of the 2024 data.
153 154Indicator Name Unit 2025 2024 2023
Plastic consumption Tonnes 8457.95 2812.32 /
Other packaging materials consumption Tonnes 3711.43 5115.66 /
Total packaging materials consumption Tonnes 193489.11 234407.30 /
Solid waste discharge
Total hazardous waste discharge Tonnes 45.22 /
403645.4641
Total non-hazardous waste discharge Tonnes 389784.62 365200.00
Tonnes/million
Hazardous waste discharge intensity gross industrial 0.004 /
output value 39.2842Tonnes/million
Non-hazardous waste discharge intensity gross industrial 31.00 39.33
output value
Energy use
Non-renewable energy consumption Tonne of standard coal 78749.99 72336.20 /
Renewable energy consumption Tonne of standard coal 781.64 730.52 /
Comprehensive energy consumption Tonne of standard coal 79531.64 73066.72 /
Tonne of
standard coal/
Comprehensive energy consumption intensity million gross 6.33 7.11 /
industrial output
value
Water resource use
Reuse of reclaimed water Tonnes 454516 376775 /
Volume of circulating water Tonnes 2955289 2705482 2624477
Total freshwater intake Tonnes 2914435 3151865 3275500
Total water consumption Tonnes 2914435 3151865 /
Tonnes/million
Water consumption intensity gross industrial 231.80 306.69 /
output value
Cooling water recirculation rate % 87.26 / /
Utilization rate of alternative water sources % 15.75 / /
41 The data disclosed in 2024 refers to the total waste discharge.
42 The data disclosed in 2024 refers to the total waste discharge intensity.
155156



