2024
ENVIRONMENTAL SOCIAL AND
GOVERNANCE REPORT
Address: 20th and 21st floors No. 31 Donggang North Road
Huli District Xiamen City Fujian Province
Postal code: 361013
Tel: 0592-5826270
Fax: 0592-5686161
Email: 000905@xmgw.com.cn2024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Content
ABOUT THIS REPORT 01 EMBRACING THE RESPONSIBILITIES OF OUR ADHERING TO THE PRINCIPLE OF EFFICIENCY LIVING UP TO THE MISSION OF THE ERA AND
MESSAGE FROM THE CHAIRMAN 03 ERA COMMITTING TO SUSTAINABLE DEVELOPMENT
AND STRENGTHENING THE MANAGEMENT FOUNDATION COMMITTING TO PUBLIC WELFARE FOR DEVELOPMENT
ABOUT XIAMEN PORT 05
ESG GOVERNANCE 13 ENHANCING PARTY LEADERSHIP 33 ACTIVELY CONTRIBUTING TO SOCIETY 75
KEY PERFORMANCE 09
ESG RISKS AND OPPORTUNITIES 14 OPTIMIZE GOVERNANCE STRUCTURE 36 RESPONDING TO NATIONAL STRATEGIES 77
ESG INFORMATION DISCLOSURE 16 TRANSPARENT AND STEADY OPERATION 38
IDENTIFICATION OF DUAL MATERIALITY ISSUES 16 PROTECTION OF INVESTORS' RIGHTS 43
COMMUNICATION WITH STAKEHOLDERS 17
MARCHING FORWARD WITH GREAT PASSIONS AND ADHERING TO GREEN PRINCIPLES AND REDUCING
STRONGLY UPLIFTING EMPLOYEES' DREAMS CARBON EMISSIONS FOR ECOLOGICAL PROTECTION
TOPIC 1: EMPOWERING WITH DIGITAL INTELLIGENCE IMPROVING EMPLOYEE WELL-BEING 47 STRENGTHEN ENVIRONMENTAL MANAGEMENT 83
FOR EMBARKING ON A NEW JOURNEY 19 SAFEGUARDING EMPLOYEE HEALTH AND SAFETY 51 STRICTLY CONTROLLING RESOURCE CONSUMPTION 86
SAFEGUARD EMPLOYEES DEVELOPMENT 56 REDUCING POLLUTANT DISCHARGE 90
LIGHTING UP EMPLOYEES' LIVES 58 RESPONSE TO CLIMATE CHANGE 92
TOPIC 2: PURSUING GREEN DEVELOPMENT
FOR A NEW PORT 25
APPENDICES LEADING GROWTH THROUGH INNOVATION
KEY PERFORMANCE INDICATOR TABLE 99 AND EXCELLING IN SERVICES FOR A BRIGHTER FUTURE Outlook for 2025 98
INDEX OF INDICATORS 105
63
DEFINITION DRIVING THE INNOVATION ENGINE106
FEEDBACK REFINED SERVICE QUALITY AND EFFICIENCY
66
107
DISCLAIMER ENHANCING SUPPLY CHAIN MANAGEMENT
72
1082024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.About this report
This is the 3rd Environmental Social and Governance (ESG) / social responsibility report released to the public by Xiamen Port Development Co.Monetary Unit Unless otherwise indicated all monetary amounts are listed in RMB for this report.Ltd. (hereinafter referred to as "Xiamen Port" or the "Company"). In adherence to the principles of authenticity and reliability the Report disclos-
es to all stakeholders the work and results achieved by Xiamen Port in the field of environment society and governance in 2024.Report Preparation This Report is compiled through stages including interview data collection framework establishment report
Reporting scope Unless otherwise stated the organizational scope of the Report covers the Company and its subsidiaries. Process writing report design and is reviewed by departments and executives.This is an annual report with the reporting period from January 1 2024 to December 31 2024 and with
some of the contents exceeding that period.Basis of preparation The Report is prepared in strict accordance with the relevant requirements of "the No. 17 Self-Regulatory Access to the report Once this Report is officially disclosed an electronic version of the report will be available on the public website
Guidelines for Listed Companies of Shenzhen Stock Exchange - Sustainability Report (Trial)" issued by
Shenzhen Stock Exchange ("SZSE"). It also takes a reference to the ESG requirements in the Work Plan for
Improving the Quality of Listed Companies Owned by Centrally Administered State-owned Enterprises
issued by State-owned Assets Supervision and Administration Commission of the State Council ("SASAC")
the Reference of ESG Indicators System for ESG Reports of Listed Companies Controlled by Central
Enterprises the GRI Sustainability Reporting Standards issued by the Global Reporting Initiative (GRI) and
the United Nations Sustainable Development Goals: A Corporate Action Guide (SDGs).Contact Information Your feedback is immensely important for the Company to continually enhance its environmental and social
performance. If you have any questions or suggestions regarding the Report please contact the Company via
the following ways:
Reporting principles Materiality: Based on the results of stakeholder communication and using materiality assessment the materiali- Address: 20th and 21st floors No. 31 Donggang North Road Huli District Xiamen City Fujian Province
ty issues during the Reporting Period were identified and then this Report is prepared based on materiality Postal code: 361013
issues. Tel: 0592-5826270
Fax: 0592-5686161
Quantitative: Disclose the standards methodologies and applicable assumptions used for quantitative informa- Email: 000905@xmgw.com.cn
tion where appropriate.Consistency: Where feasible and unless otherwise stated the disclosure of statistical methods is consistent with
previous reports to ensure meaningful comparisons.Data Source: Unless otherwise indicated all information and data referenced in this report is based on the
Company's internal documentation or relevant public documents. This report has been reviewed and approved
by the Company's Board of Directors. The Board of Directors of the Company warrants that this report contains
no inaccurate records misleading statements or major omissions.
01022024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Message from the Chairman
This year we have embraced innovation for development and pursued breakthroughs for tangible results expand-
ing our vision and advancing high-level port construction. The first is to expand new logistics routes and boost port
vitality. As the end of 2024 the expansion of berth #4 by Huajin Terminal was completed and successfully passed
the national-level port opening inspection. This will facilitate the launch of foreign trade feeder and direct routes
marking new breakthroughs in foreign trade operations. The multipurpose berths North #1-2 of Gulei Port has put
into operation introducing the "Gulei-Xiamen" container liner route while the main structures for bulk transport has
been completed. Additionally Chaozhou Port began to handle rail containers via the "Xiamen-Chaozhou" feeder
barge pioneering a new model of "rail-sea intermodal transport + feeder transfer." The second is to expand new
towering business for revenue growth. In 2024 Xiamen Port Shipping begins to participate in various projects such
as the power plant terminal in the Shenzhen-Shantou Special Cooperation Zone completing 108 special towing
operations and rescuing 55 ships with income from operations beyond Xiamen Port growing by 17.68% year on
year. The third is to enhance new productive capacities for a green and smart port. Xiamen Port Shipping has
officially commenced the construction of four new energy tugs with related research topics having passed evalua-
Zhaohui Chen tion and acceptance by the Provincial Department of Transport. Xiamen Ocean Shipping Tally continues to innovate
technologically and has been recognized as a technologically advanced service enterprise by Xiamen City. Xiamen
Chairman of Xiamen Ocean Shipping Agency is enhancing its efforts in developing a green and smart port undertaking six projects that
Port Development Co. Ltd. qualify for additional R&D tax deductions. In 2024 the Company is committed to innovation development acquiring
a total of 15 new software copyrights.This year we focus on boosting governance efficiency and giving back to society. Through meticulous manage-
The year 2024 marks the 75th anniversary of the founding of the People's Republic of China a crucial year for ment we have achieved high-efficiency port operations. We improve our governance through compliance construc-
advancing the implementation of the targets set in the 14th Five-Year Plan and the 20th anniversary of Xiamen tion establishing robust systems refining internal controls and securing employee well-being. We safeguard our
Port's reorganization listing. development through safety inspections corrective measures and hazard identification. We revitalize our develop-
ment through social contributions such as public welfare activities community partnerships and rural revitaliza-
tion. We strengthen our development through environmental inspections pollution control technical enhance-
This year we have synergized Party building with business growth.This dual empowerment has driven the ments and the development of a green port. In 2024 embracing a philosophy of integration and mutual benefit
high-quality advancement of the port. First we focus on Party building leadership to drive the Company's develop- the Company has participated in 110 volunteer and public welfare activities involving a total of 1131 participants
ment. In 2024 the Company fortified its Party building foundations crafted a list of 17 high-quality Party building and contributing to society with a value of RMB 1.601 billion. It has courageously fulfilled its duties as a state-owned
initiatives for 2024 and launched 49 unique projects each tailored to a specific branch. We have achieved an enterprise.operating income of RMB 22.147 billion and the net profit attributable to shareholders is RMB 0.2 billion utilizing
high-quality Party building to empower high-quality enterprise development. Second we concentrate on core
responsibilities and main business refining the business layout. Shihushan Terminal achieved a "dual improvement" Reflecting on the past twenty years we see growth and transformation amid challenges charting the steadfast
in service quality and main business Hailong Terminal experienced "dual growth" in its main business woodchip journey of Xiamen Port highlighting the drive and ambition of the port's people to revitalize industry and strengthen
and dredged material operations and Huajin Terminal marked "dual breakthroughs" in foreign trade container and the port in service of the nation. "Though the dream is distant persistence makes it attainable; though the goal is
bulk services collectively driving the vigorous development of the Company's main business. Third we focus on challenging perseverance makes it achievable". As 2025 begins Xiamen Port will mark its twenty-first year since
collaborative efforts to foster integrated development. The Company continues to coordinate the integration of bulk reorganization listing. At this new starting point Xiamen Port aims to make significant strides in building a
and terminal resources warehouse resources and the unified operation of transportation services. Special teams world-class port and to write a new chapter in leading Xiamen's progress toward socialist modernization.have been established for various integration projects alongside a business information-sharing mechanism. By
collaborating to expand the market we continuously enhance the port's capability to attract and influence.
03042024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.About Xiamen Port Business overview
Company profile Xiamen Port is mainly engaged in the investment and operation of bulk terminals comprehensive port logistics services and port trade services. Its operations encompass complete and efficient port logistics supply chain including terminal loading and unloading tug
assistance ship agency tally inspection freight forwarding and customs clearance container yard transportation and distribution
and port trade activities.Xiamen Port is a state-owned holding company listed on the Shenzhen Stock Exchange (Stock
Code: 000905) with registered capital of RMB 741.8096 million. The Company's majority National 5A
shareholder Xiamen International Port Co. Ltd. holds 52.16% of the shares while ultimate logistics enterprise
control rests with the State-owned Assets Supervision and Administration Commission of the
Fujian Provincial People's Government. The Company is a national 5A logistics enterprise and 5A National 5A supply Honors
supply chain service provider. It is the only publicly listed port platform under Fujian Provincial chain service enterprise
Port Group a major bulk and general cargo terminal operator and a comprehensive logistics
service provider at Xiamen Harbor. Additionally it is the investor and operator of the Xiamen
Xiangyu Comprehensive Bonded Zone. Awarded unit Title of honors Awarding body
Corporate culture Xiamen Federation of Xiamen Ranked first in the Enterprises and Entrepreneurs
Port "Top 10 Logistics Enterprises in
School of Management
Xiamen in 2024" Xiamen University and
Xiamen Daily and Xiamen
Mission Vision Values Radio and Television Group
Embracing global visitors and To become a leading port logistics Responsibility innovation The case "Xiamen OSA International Freight's Innovation of a
Multimodal 'Single-Document' System Based on Freight Forwarding Bills
connecting ports worldwide and supply chain service passion efficiency Xiamen OSA Ministry of Transport of the
International Freight of Lading to Create a Distinctive Sea-Rail Intermodal Service System" provider on the Southeast coast People's Republic of China was selected for the national list of typical cases in transport logistics (MOT)
cost reduction and quality and efficiency improvement (second batch).Company structure
Xiamen Port The initiative to establish the "Xiangyu Zero-Carbon Comprehensive Ministry of Ecology and
Bonded Zone" has been recognized as relevant experiences and Environment of the People's
Logistics practices of "Xiamen Practice" in ecological civilization construction Republic of China (MEE)
General meeting
of shareholders
Party committee Board of supervisors SDIC Xiamen Port 2023 National Maritime Search and Rescue Award Title; China Maritime Rescue
Coordination Centre (MRCC);
Hainan Towing 2023 Provincial Maritime Search and Rescue Award Title Hainan MRCC
Discipline inspection Strategic Development
commission Board of directors and ESG Committee
Compensation and National Waterway Commu-
Evaluation Committee Youth League Bronze Award in the First National Water Transport Industry Youth nist Youth League Work
Branch of Xiamen Volunteer Service Project Competition Guidance and Promotion
Port Shipping Committee
Audit Committee
Senior management Ludao Customs
Office Xiamen OSA Excellent Office of 2023
China Customs Brokers
Association (CCBA)
Customs Broker
Party Discipline
and inspection Office Financial General Investment Operation
Safety and Bulk
Work and of the Sharing Affairs
Accounting Environm- Logistics Trade Audit
Supervision Board Center Department department
Management Management
Department Department ental Department
Business
Department Department DepartmentDepartment Office Department Xiamen Ocean The 21st “Golden Wheel Cup” user-satisfied shipping agency China Shipping Gazette
Shipping Agency
05062024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Qualifications
Awarded unit Title of honors Awarding body Qualified units Qualifications
Xiamen Port Excellent cases of digital transformation/application of Chinese logistics China Federation of Logistics
Logistics Xiamen Port "National AAAAA Supply Chain Provider" titleand supply chain enterprises in 2024 and Purchasing (CFLP)
Xiamen Port Xiamen Ocean Shipping Agency "National AAAAA Logistics Enterprise" title
State-owned Assets
General Party Advanced Grassroots Party organization Supervision and Administration
Branch of Xiamen of enterprises in Fujian Province Commission of the Fujian
Port Shipping Provincial People's Govern-
ment Hailong Terminal Xiamen Port Transport "National AAAA Logistics Enterprise" title
Xiamen Port Logistics Huajin Terminal
Fujian Federation of Trade
Xiamen Port
Commended Units in the 2023 Fujian Unions Fujian Provincial
Shipping Province "Ankang Cup" Competition Department of Emergency Xiamen OSA International Freight Xiamen Bonded Logistics "National AAA Logistics Enterprise" title
Huajin Terminal Management Fujian Provincial
Health Commission
Xiamen Port Trading Xiamen OSA Customs Broker Xiamen
Bonded Logistics Xiamen Ocean Customs AEO Enterprise
Party Branch of Shipping Tally Zhangzhou Haiming
Gulei Towing
Advanced Grassroots Party Organization under Xiamen City CPC State-owned Assets
Party Branch of State-owned Assets System Supervision and Administration
Xiamen OSA Commission of Xiamen City
International Freight Designated ports for entry of grain by the General Hailong Terminal Administration of Customs
Communist Youth Haiyu Terminal Shihushan Terminal Fujian Coal Reserve Base
League China 2024 Demonstration site for Learn- from CPC Publicity Department of
Xiamen Shipping Lei Feng activities in Xiamen Xiamen Municipal Committee
Agency Committee
Xiamen Port Transport Online freight platform business qualifications
Shihushan Terminal
Hailong Terminal
Xiamen OST Health
Quarantine Xiamen Haiheng Parallel imported automobile pilot enterprise
Xiamen Port Shipping Trustworthy Port and Shipping Enterprise in Xiamen Port (Grade AA Xiamen Port Authority
Gulei Towing Haihong Demonstration Trustworthy Port and Shipping Enterprise in Xiamen)
Terminal Xiamen OSA
shipping Development Xiamen Ocean Shipping Agency
Co. LTD Xiamen Xiamen OSA International Freight NVOCC business qualification
Ocean Shipping Tally
Xiamen Municipal Science and
Technology Bureau Xiamen Xiamen Port Trading Key foreign trade enterprises in Xiamen City (leader)
Municipal Finance Bureau State
Administration of Taxation
Xiamen Ocean Xiamen Technologically Advanced Service Enterprise Xiamen Municipal Taxation
Shipping Tally Bureau Xiamen Municipal Xiamen Supply Chain Innovation
Commerce Bureau Xiamen Xiamen Port Trading and Application Pilot Enterprise
Municipal Development and
Reform Commission
Xiamen OSA International Freight Multimodal Transport Operator (Three-star)
07082024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Key performance
Economic indicators Social indicators
Decrease Decrease
2023 2024 year-on-year [1] 2023 2024
Total assets Social value
year-on-year
RMB13.359billion RMB13.039billion 2.40 contributed% RMB1.664billion RMB1.601billion 3.79%
Increase Increase
Net assets 2023 2024 year-on-year Number of 2023 2024 year-on-year
attributable to participants in
parent company RMB4.876billion RMB4.96billion 1.72% safety training 24245people 28745people 18.56%
Decrease Increase
2023 2024 year-on-year 2023 2024Total Employee year-on-year
revenue 22.927 22.147 3.40 training hoursRMB billion RMB billion % 76343hours 88444hours 15.85%
Decrease Remain
Net profit 2023 2024 year-on-year
attributable to Number of
2023 2024 unchanged
parent company 0.232 0.2 13.79 work-related deathsRMB billion RMB billion % 0people 0people -
Environmental indicators Governance indicators
Increase Decrease
Total investment 2023 2024 year-on-year Number of board and 2023 2024 year-on-year
in environmental special committee
protection RMB54.78million RMB69.28million 26.47% meetings 23 20 13.04%
Decrease Increase
Comprehensive 2023 2024 year-on-year Number of responses 2023 2024 year-on-yearenergy
consumption 27263 in "irm.cninfo.com.cn"tons of 26532tons of 2.68% 25 40 60%
standard coal standard coal
Decrease
2023 2024 Riseyear-on-year
Total greenhouse Information 2023 2024 year-on-year
gas emissions 63487tons of carbon 61083tons of 3.79% disclosure rating Blevel Alevel -
dioxide equivalent carbon dioxide equivalent
Decrease Remain
Fresh water 2023 2024 year-on-year Corporate 2023 2024 unchanged
consumption 1247471 credit ratingtons 1221055tons 2.12% AA+ AA+ -
[1] Social value contributed， It refers to the sum of the Company's net profit employee compensation tax payment（Including enterprise income tax）donation expenses and various interest payments to creditors such as banks in 2024.
09102024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Embracing the responsibilities
of Our Era committing to
Sustainable Development
ESG governance 13
ESG risks and opportunities 14
ESG information disclosure 16
Identification of dual materiality issues 16
Communication with stakeholders 17
11122024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.ESG governance ESG governance structure
Xiamen Port has developed a top-down ESG governance structure with clearly defined responsibilities. This system is led by the
Company's Board of Directors and its Strategy Development and ESG Committee managed by the ESG Leadership Team and
ESG governance strategy implemented by dedicated ESG task forces. Each department and subsidiary acts as a unit of responsibility.Amid a complex and dynamic domestic and international landscape Xiamen Port is actively promoting ESG practices to achieve sustainable develop-
ment. In terms of top-level design the Company publishes an annual ESG report externally and establishes an ESG information system and manage- Structure Responsibilities
ment framework internally to realize its vision of developing a "world-class" port. On the fundamental level the Company drives development through
innovation green growth compliance and safety and a people-centered approach. The Company aims to drive innovation by building smart terminals
smart plants and smart logistics; enhance environmental protection through energy conservation and emission reduction low-carbon operation and
resource saving; advance safety through safe production compliant operations and a healthy environment; pursue humanistic development by Board of Directors and Board Handles the coordination and
protecting employee rights and interests contributing to society and fostering community collaboration. Decision-making level of Strategic Development and decision-making for ESG-related concepts
ESG Committee and major matters
ESG vision ESG commitment
Oversees the entire ESG reporting
Enabling high-quality development with ESG so As a responsible corporate citizen the Company is dedicated to robust Senior management ESG Leadership Team process and content ensuring effectiveas to become a responsible corporate citizen. growth while actively supporting and advancing the 17 “Sustainable achievement of ESG objectivesDevelopment Goals of the United Nations'2030 Agenda’”. The Company
strives to achieve leading ESG standards within its industry.Implementation level ESG Task Forces Collects and organizes ESG data and
drafts ESG work reports
ESG development
1) In March 2024 based on the "Reference Index System for Special Reports on ESG for State-owned Listed Companies" issued by
the General Office of SASAC in 2023 the Company independently compiled its 2023 ESG Report. This report highlights the Company's ESG performance assessment
efforts and achievements in key areas such as information disclosure quality governance structure environmental sustainability
and climate change.The Company has established three specialized ESG task forces focusing on social environmental and governance aspects. They will track
and assess the progress of sustainable development goals in line with the primary functions and key tasks of each department. Focus on
2) Xiamen Port is committed to enhancing its ESG capabilities having engaged third-party organizations to provide training on the combining the annual energy conservation and emission reduction compliance operation safety production and other indicators with the
latest ESG policy trends and report drafting techniques thereby boosting the competency of the its ESG personnel and accelerating annual performance assessment of the management level and link it with the annual salary of the management level. By recognizing
the development of its ESG framework. outstanding projects the Company encourages its departments and subsidiaries to enhance their engagement in ESG initiatives.
3) The Company has developed an "Xiamen Port Green Low-Carbon Development Plan (2024–2030)" to accelerate the establishment
of an ESG governance system and to outline specific action strategies.ESG risks and opportunities
ESG honors
In 2024 the Company has actively participated in ESG case evaluation events in the capital market. the Best Practice
The submitted case "Green Initiatives at Xiamen Port: Pursuing the Dream of Port Workers"" was in Sustainable Developmentby the China Association
recognized with the Best Practice in Sustainable Development by the China Association for Public for Public Companies in 2024
Companies. Additionally the Company received the ESG Value Transmission Award for Listed Compa- Identification and assessment
nies from Value Online for its exemplary performance in ESG governance. It also won the Cross-Strait the China Securities
Carbon Neutral Sustainable Development Excellence Award jointly selected by the Fuzhou Municipal Journal's Golden Bull
Award for High-Quality ESG risks differ from traditional risks due to their multifaceted and interconnected nature affecting a company's business and Government the Cross-Strait Carbon Neutrality Committee and Tsinghua University. Furthermore Development ranking
Additionally it once again received the China Securities Journal's Golden Bull Award for High-Quality operations on multiple levels. Xiamen Port leads its development with top-level ESG strategies incorporating ESG risks into its among the "Top 20 in
Development ranking among the "Top 20 in ESG Governance." ESG Governance" governance structure system procedures and management processes. The Company takes proactive measures to identify and
assess ESG risks.innovation-driven Smart terminals smart parks and smart logistics drive innovation construction 1 2 3
Analyze the origins of ESG
Green development Energy conservation and emission reduction low-carbon operation resource conservation to develop
Communicate with risk
risks and their impact on the
environmental protection construction management leaders and
stakeholders; Facilitate ESG Company. Perform a SWOT
Review the Company's analysis on the risk origins
Compliance security Safe production compliant operation and healthy environment promote safety construction risk identification through existing risk inventory various actions and pro- and their effects on the
including strategic opera- Company; Categorize risks
people-oriented Employee rights and interests contribution to society community construction to achieve
cesses aligning the results
tional financial and into opportunities threats
humanistic construction with the company’s strat-compliance risks. egy and goals to pinpoint strengths and weaknesses
ESG-related risks and oppor- and develop appropriate
tunities. policies and measures for
management.
13142024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.ESG information disclosure
Dimensions Description Countermeasures
Xiamen Port prioritizes the continuous and accurate disclosure of ESG information. It diligently completes ESG disclosures and compiles
an annual ESG report to present to the board of directors.Production safety risks arise from insufficient safety Reinforce the implementation of safety responsibility To further standardize the management of ESG information the Company introduces an ESG management system and platform which
knowledge training for new employees delayed systems enhance the inspection of potential hazards ensures the regular and standardized handling of ESG-related metrics and information thereby effectively advancing initiatives in the
rectification or failure to meet requirements improp- ensure timely rectification improve on-site management
er handling of safety accidents and failure to strategies and strengthen the assessment of safety ESG domain.Safety effectively activate emergency plans. responsibilities.production
Identification of dual materiality issues
Implement occupational health and safety prevention
Certain positions can have an measures for these specific positions in strict accordance
impact workers' health. Xiamen Port conducts research and evaluations from both internal and external stakeholder perspec-
Occupation- with national laws and regulations. tives to identify issues of both financial and impact significance to the Company. In 2024 based on
al health internal and external feedback and industry benchmarking results the Company identified 38 38items
substantive issues that significantly affect both the Company and its stakeholders. These issues form Substantive issue
the foundation for this report and provide crucial guidance for Xiamen Port's ongoing ESG manage-
Enhance the commitment to environmental responsibilities ment efforts.Failure to meet environmental standards can lead to by ensuring proper hazardous waste management
lockouts fines and other consequences that harm a improving wastewater treatment and discharge procedures
Environmen- company's social reputation and cause economic effectively controlling operational dust and achieving
tal protec- losses. compliance in all aspects of environmental management.tion
The Company initially identified 38 topics related to the Company's efforts in terms of environmental
Step one: identification social and governance in combination with topics outlined in the SSE “Guidelines” the characteristics
of key issues of the port industry the nature of the Company the stage of industry development and the Compa-
1. Due to non-compliance with tax laws and regulations ny's own business model.
a company has unpaid or underpaid taxes thereby
facing risks such as back taxes fines interest on late Establish a basic information system regularly identify
payments criminal penalties and reputational damage. and manage tax risk control points track tax risks
2. Due to inaccurate application of tax laws in its related to major matters formulate coping strategies
Tax operations a company fails to fully utilize available tax and strengthen tax law learning and related training.incentives leading to overpayment and an unnecessary
tax burden. For the identified issues the Company collects stakeholder feedback through questionnaires expert
Step two: materiality evaluations and industry benchmarking. It then assesses both the impact significance and financial
analysis importance to assign scores for each issue.Inadequate management of existing customers and
insufficient development of potential market demand Enhance customer management aggressively tap into
can result in customer loss or hinder market expansion. potential market demand and develop comprehensive.cus- Materiality category Description Survey method
Customer Incomplete customer records and a lack of proper credit tomer records for regular updates along with conducting
manage- evaluation may lead to poor customer selection credit evaluations for new customers.ment resulting in uncollected payments or financial losses. Whether the Company's performance on specific issues will
Impact materiality significantly affect the economy society and environment Questionnaire
Uncontrolled price reductions or increases can lead to
decreased revenue or a loss of market share. Credit Enhance customer credit investigations improve contract
sales are out of control. Risks arising from unauthorized risk assessments strengthen contract performance Whether these issues are expected to have a substantial
Supply chain changes to the standard contract terms regarding rights monitoring and fortify capital risk management. impact on the Company's business model operations and obligations without proper review. Financial materiality development strategy financial condition performance Questionnaire
cash flow and financing methods and costs in the short
medium and long term.Unclear information system planning unscientific project
development and irregular maintenance and change
procedures can lead to low operational efficiency and Increase awareness of information system planning and
inefficiency; lack of effective oversight may cause hire professionals to support development mainte-Information development projects to deviate from strategic nance and modifications. Relevant departments should
system ensure robust supervision. Step three: compre- Utilizing the analysis results of impact and financial materiality and considering the Company's objectives resulting in resource wastage and economic
planning losses. hensive analysis of development status we determine the thresholds for both impact and financial materiality issues.materiality issues The materiality of each issue serves as an essential reference for the Company's ongoing
disclosure related to sustainable development and social responsibility.Enhance corporate awareness of energy conservation and Among these addressing climate change pollutant discharge waste management energy
Inadequate efforts in energy conservation and emissions emissions reduction accept guidance and supervision from utilization and the safety and quality of products and services are considered issues of dual
Energy reduction may increase production costs damage a higher authorities continually optimize energy consump- materiality.saving and company's social reputation and cause economic losses. tion and production structures improve management of
emissions external partners and strive to build a resource-efficient and environmental-friendly enterprise.reduction
15162024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.high
Stakeholders Demands and Communication Communication expectations channels frequency
Inspections by leaders and
Government and Compliance management competent departments Unscheduled
regulatory bodies Business ethics and integrity Compliance inspections UnscheduledEnergy saving and emissions reduction Daily policy implementation Unscheduled
Energy utilization
Response to climate change
Product and service
safety and quality
Pollutant emissions Compliance management
Environmental compliance Pay taxes according to law General meeting of shareholders
management Waste disposal Innovative R&D
Unscheduled
Periodical reports
Business ethics and integrity Quarterly
Shareholders Investor hotlineIntellectual property protection Daily
and investors Interactive platformRisk management DailyInvestor relations contact Email
Green products High-quality information disclosure DailyInvestor relations section on the Unscheduled
Compliance Innovative R&D
Communication with investors Company website
Water resources utilization management Protection of shareholders' rights
Employees
Supply chain security
Investor relations management Employee care
Risk prevention Supplier management
and control Data security and
privacy protection Party leadership
Intellectual
Recycling economy property protection
Protection of Rural revitalization
shareholders' rights Social welfare Product quality Customer satisfaction survey Yearly
Anti-Unfair competition Protection of customer privacy Customers Email and daily phone calls UnscheduledDue diligence Internal control and management Customer service After-sales service Customer email Unscheduled
Responsible marketing
Anti-commercial bribery and anti-corruption Respond to customer complaints UnscheduledCustomer complaint handling
Transparent information disclosure Customer visit Unscheduled
Communication with stakeholders
Ethnic management Green office Three-meeting operations
Scientific and technological ethic ESG governance
Equal treatment of Compliance with laws and regulations
Ecosystem and biodiversity conservation small and medium enterprises Transparent procurement Selection and evaluation Periodical
Partners Leading the healthy development of the
Procurement process
Yearly
industry Performance assessment
Exchange and cooperation Communication with business
Yearly
partners (e.g. emails meetings) UnscheduledBusiness ethics and integrity
low Impact materiality high
Employee health and safety Training and induction Unscheduled
Employee care Email and suggestion box UnscheduledEmployees Protection of employee rights Workers' congress Yearly
Communication with stakeholders Employee growth Employee performance evaluation YearlyEmployee activities Unscheduled
Xiamen Port's stakeholders include shareholders customers employees suppliers the government/associations the
environment and communities. The Company highly values the concerns and needs of its stakeholders actively expanding
communication channels with them and establishing a regular dialogue mechanism which enhances understanding and E-mail telephone Unscheduled
recognition of the Company among both internal and external stakeholders and allows it to promptly address stakeholder Company announcement Unscheduled
feedback. By integrating stakeholders' expectations and concerns into its strategy and operations the Company fosters a Community welfare Social network platformCommunities Community development Company website Daily
cooperative relationship based on mutual respect mutual benefit and shared progress. and public Recycling economy Social media Daily
Green office Charitable donations and volunteer Daily
services Yearly
Community activities Unscheduled
1718
Financial materiality2024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Topic 1
Empowering with digital
intelligence for embarking on
a new journey
Smart port
Smart logistics
Smart towing
Intelligent tally
Intelligent operation
19202024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Smart port
Xiamen Port is actively fostering the development of a smart port by innovatively integrating various smart platforms and systems which Case The intelligent new energy hybrid tugboat development by Xiamen Port Shipping
has achieved both the automation and greening of terminal operations enhanced operational efficiency and safety and provided
valuable experience for the smart development of bulk terminals nationwide.Xiamen Port Shipping has successfully developed the first
green intelligent new-energy hybrid tugboat "Xiamen
Port Tug 30" in Fujian Province. This vessel features
Case cutting-edge series hybrid technology and an advanced 5G electric loader remote control operating room
intelligent ship system. It can autonomously dock and
undock ensure safe navigation and operation provide
intelligent monitoring and decision support for engine
To develop a smart bulk terminal Shihushan Terminal has room equipment manage smart operations and mainte-
established a 5G electric loader remote control operating nance and facilitate integrated ship-to-shore collabora-
room. The unmanned and remote-controlled electric tion. As the first "green emergency tugboat" in China it
loader can take over labor-intensive and highly repetitive also serves as an emergency support vessel for Xiamen's
tasks from workers effectively addressing the hazards of National Oil Spill Emergency Equipment Library.dust noise and vibration associated with manual loader
operations. This eliminates potential dangers to personal
safety and occupational health caused by work environ-
ments eases human burdens and reduces the risks of
human-machine cross-operations.Picture: 5G electric loader remote control operating room
Intelligent tally
Smart logistics
Xiamen Port has taken a pioneering role in smart tally technology nationwide by co-authoring the industry standard "Technical Require-
ments for Intelligent Tallying of Port Containers" which establishes a framework for the intelligent tally industry. With a "5G-based smart
Xiamen Port is committed to innovation-led growth and tech-driven transformation advanc its digitalization efforts. By progressively tally platform" the Company won "the Most Innovative Service Award" at the Second Xiamen 5G Application Competition and was listed
digitizing traditional logistics business processes it is committed to providing modern port-centered logistics services driven by in the "2023 5G Factory Directory" by the Ministry of Industry and Information Technology.informatization.Case Xiamen Ocean Shipping Agency's X-service platform Case Empowering with technology for enhanced quality and efficiency
The company has continuously integrated its internal information systems to develop the "Xiamen Port International Container
Transport Collaboration Platform (X-Service Platform)". This platform encompasses various e-commerce applications including By December 2024 Xiamen Ocean Shipping
electronic stowage planning electronic pre-declaration self-service equipment interchange documentation electronic booking Tally's container handling and tally system was
electronic bill of lading verification electronic freight forwarding online payments online declarations and online insurance. officially launched marking full digital coverage across the its three main business modules of
Since its launch the platform has received several prestigious awards such as the inaugural "China Port Science and Technology the Company. The system leverages big data to
Progress Award" the "Fujian Provincial Science and Technology Award" the "Xiamen Science and Technology Progress Award" deeply integrate "data technology and
and the "China Federation of Logistics & Purchasing Science and Technology Progress Award". As the end of 2024 the platform business". By interfacing with data from
had engaged over 40000 active users. stations and warehouses it enables mobile
management of container loading and unload-
ing electronic transmission of operational
China Port Science Fujian Provincial Xiamen Science China Federation of
and Technology Science and and Technology Logistics & Purchasing
information and real-time updates of results
instant issuance of tally documents and
Progress Award Technology Award Progress Award Science and TechnologyProgress Award streamlined electronic circulation of
documents. This enhances digital manage-
ment creating an efficient and convenient
operational framework providing customers
with faster and superior tally services.Smart towing
Xiamen Port is committed to accelerating the planning and development of new energy intelligent tugboats to pioneer the use of
renewable energy in Fujian Province's maritime sector supporting the "Electric Fujian" and "Beautiful Xiamen" initiatives by contribut-
ing the strength of port vessels.
21222024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Intelligent operation The Company has launched a financial shared services system facilitating corporate-bank
connectivity and improving management efficiency. By optimizing processes integrating
data and automating workflows it enables businesses to achieve digital transformation in
Xiamen Port places great emphasis on digital transformation and has developed and launched a series of intelligent platforms. These Financial sharing financial management thereby strengthening overall management capabilities. For business
efforts have boosted the operational efficiency and management capabilities of the Company while providing robust support for the system collaboration the system integrates with ERP OA HR and other platforms facilitating
intelligent transformation of port ecosystem. seamless cooperation between financial and business departments. Through deep financial
data analysis the system provides precise financial support to business units helping them
optimize resource allocation control costs and enhance profitability.Case Upgrading smart platforms for green and intelligent success
Fujian Ganglianjie Logistics is actively developing smart gateways dynamic container management and intelligent storage
In line with its specific business management needs models and
yard projects to enhance truck operation efficiency. This enables real-time tracking and querying of container movements
characteristics Xiamen Port Trading has developed a supply chain
helping the trailer transport industry to reduce carbon emissions cut costs and improve efficiency. In 2024 the management
management system enabling "synchronized business and financial
of dynamic containers at the terminal resulted in 50188 fewer empty container transport trips cutting carbon dioxide successfully
Xiamen Port Trading ERP operations concurrent management and regulation seamless integra- processed a total ofemissions by approximately 79.197 tons. system tion of internal and external business processes and shared informa-
tion resources" having significantly improved the operational risk 7046
management and decision-making capabilities of port trade.In 2024 transactions
Reduce empty cutting carbon dioxide Xiamen Port Trading ERP system successfully processed a total of 7046
In 2024 the terminal dynamic container transport emissions by approximately transactions（base on the data of contract）.container management business 50188trips 79.197tons
To enhance customs clearance efficiency Xiamen Port Logistics has developed a
digital ERP data interaction platform for the comprehensive bonded zone (CBZ).Xiamen Port Logistics' digital ERP This innovative platform enables the real-time tracking and data sharing between
data interaction platform for ERP systems of business entities in the CBZ and customs networked supervision
comprehensive bonded zone process points. It facilitates convenient customs supervision and rapid customs
The Company is actively developing a legal informatization platform through implementing a clearance thereby improving the logistics service level of Xiangyu CBZ.Legal informatization standardized fully online legal management system. This enhances real-time dynamic monitoring
platform of key areas and critical points promotes process standardization simplifies audits and boosts
management efficiency thereby enabling dynamic compliance risk monitoring instant alerts and
rapid response. In 2024 a total of 21469 contracts were processed online.
23242024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Topic 2
Pursuing green development
for a new port
Adhere to one principle 27
Focus on two objectives 27
Follow three basic principles 27
Establish four model initiatives 27
Green construction achievements 27
25262024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.In the global context of addressing climate change and promoting green development Xiamen Port actively embraces the "dual carbon"
strategy by embedding green and low-carbon philophy into every facet of production and operations. The Company has developed an 2024 Green Port Programs
"Xiamen Port Green Low-Carbon Development Plan (2024–2030)" aiming to achieve its development goals in green transformation and
environmental management through a series of initiatives and contributing the port strength to the national "dual carbon" strategy.Program Achievements
Adhere to one Save energy A reduction in carbon
principle Achieve an "exemplary" domestic level in overall green and low-carbon development
Upon completion it is estimated to save
Xiamen Port Logistics dioxide emissions
procured two electronic approximately 15.36 tons of standard coal
stackers annually resulting in a reduction of over
41.16 tons of carbon dioxide emissions. 15.36tons of 41.16tons
standard coal
Focus on two
objectives 1 Attain a leading domestic position in green and low-carbon development within the
logistics sector Upon completion it is estimated to save Save energy A reduction in carbon
Xiamen Bonded dioxide emissions
approximately 3.87 tons of standard coal
2 Achieve an advanced domestic level in green and low-carbon development in the port Logistics procured
five electronic annually resulting in a reduction of over tug and transportation sectors 3.87tons of 10.37tons
forklifts 10.37 tons of carbon dioxide emissions. standard coal
Follow three Gulei Port procured three
Upon completion it is estimated to save Save energy A reduction in carbon
1 Pursue green development for comprehensive transformation dioxide emissionsshore power systems approximately 4.06 tons of standard coal basic principles
2 Port-centered coordination for unified progress
three forklifts and 30 annually resulting in a reduction of over
charging piles 10.88 tons of carbon dioxide emissions. 4.06tons of 10.88tonsstandard coal
3 Innovation-driven strategies for sustainable growth
Hailong Terminal Upon completion it is estimated to save Save energy A reduction in carbon
dioxide emissions
procured 9 electric approximately 100 tons of standard coal
loaders and 1 electric
Establish four annually resulting in a reduction of over
model initiatives 1 Model for green and low-carbon transformation and upgrading of bulk terminals
pickup 268 tons of carbon dioxide emissions. 100tons of 268tons
standard coal
2 Model for breakthrough advancements in new and clean energy port tugs
3 Zero-carbon pilot demonstration model Shihushan Terminal
procured one 5G Upon completion it is estimated to save Save energy A reduction in carbon
4 Model for the integrated green and low-carbon development of ports industries and remote-controlled EV dioxide emissionsapproximately 15 tons of standard coal
urban areas reloading machine
and two all-electric annually resulting in a reduction of over 15tons of 40.2tons
wide-body mining 40.2 tons of carbon dioxide emissions. standard coal
dump trucks
Green construction
achievements 1 Energy conservation and carbon reduction The capacity for clean energy supply has been continuously enhanced. The Company is actively advancing the construction
of solar photovoltaic systems by developing installations and energy storage facilities at locations such as the Hailong Terminal
Haixiang Terminal and logistics parks. As of 2024 the Company continues to expand its photovoltaic projects.By promoting the use of electric machinery such as electric loaders and forklifts we've
effectively reduced fuel consumption and carbon emissions. In 2024 the Company achieved a
total energy savings of138.29 tons of standard coal and a reduction in carbon dioxide emissions
by 370.61 tons through continuous equipment electrification.In 2024
Photovoltaic installed
Achieved a total Achieved a reduction in carbon capacity has reached Its clean energy production has totaled Can save standard coal A reduction in carbon dioxide emissions
energy savings of dioxide emissions by
138.29 370.61 19.28MW 14.0937million KWh 1732.12tons 4642.07tonstons of tons
standard coal
27282024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Case Completion of the 6MW distributed photovoltaic project by Hailong Terminal Case Achieve significant reductions in exhaust emissions through the implementation of shore power
In December 2024 Hailong Terminal's 6MW distributed photovoltaic project The terminals under Shihushan Terminal have collectively installed 15
successfully connected to the grid at full capacity making it the largest shore power piles. As of 2024 the cumulative number of connected Cumulative Cumulative electricitydocking vessels consumption
port-based distributed photovoltaic power plant in Fujian Province. The photovoltaics energy vessels is expected to reach 184 with a total electricity consumption of
storage
project utilizes approximately 60000 square meters of rooftop space across 82507 KWh significantly reducing the impact of ship exhaust 184ships 82507KWh
Warehouses 1#-6# of Hailong Terminal. It features two construction phases emissions on air quality.using the "conventional modules + water drainage channels + color steel digitali- Organic shore
tiles" model and the "detachable flexible modules + fiberglass composite zation fusion power forships
tiles" model. Upon completion the plant will generate nearly 7 million KWh Take multiple measures to reduce air pollution
annually significantly surpassing the total annual electricity consumption of
Hailong Terminal. The green electricity produced annually can replace electric
vehicle To combat dust pollution rotating fixed mist cannons mobile mist cannon vehicles sweepers and sprinklers are deployed
around 2200 tons of standard coal and reduce carbon dioxide emissions by 5G charging to spray storage yards and roads.
7000 tons equivalent to planting 390000 trees. Additionally the project's
5MW/10MWh centralized energy storage facilities are in the commissioning
phase. The project maximizes the resource advantages of the port's
incremental distribution network achieving seamless integration of "photo-
voltaics + energy storage + shore power for ships + electric vehicle charging Case Reduce air pollution with comprehensive wind and dust control measures
+ 5G + digitalization".At the Haiyu Port area of Hailong Terminal there are 15 rotating fixed mist cannons and 6 mobile mist cannon vehicles. The port
is also equipped with 5 sweepers 4 water sprinkler trucks and 3 multifunctional sweepers for ongoing dust suppression and
Annual electricity It can replace Carbon dioxide Be equivalent to cleaning of roads and storage yards. Additionally the port area features 5 fully automatic wheel washing systems mandating
generation standard coal reduction planting green trees
all outbound trucks to pass through for cleaning. Around the facility perimeter a 1.42-kilometer wind and dust suppression net
7million 2200 7000 390000 standing 15.3 meters tall has been installed. Using aerodynamic principles windbreak and dust suppression walls create KWh tons tons trees interfering airflow patterns inside the wall effectively preventing dust from spreading outward and achieving optimal wind and
dust control.The sustainability of our infrastructure has been significantly Equip
enhanced.The Company has implemented a green lighting project utilizing Build LED high Increasepole light year-on-year
LED energy-saving lighting fixtures on high mast lights street lights and large 15 6 5 4 3 5
equipment in the port area. As the end of 2024 the Company have installed 217seat 58.39% Rotating fixed Mobile mist Water Multifunctional Fully automatic
a total of 217 LED high mast lights marking a 58.39% increase compared to mist cannons cannon vehicles Sweepers sprinkler trucks sweepers wheel washing systems
the previous year.
2 Pollution control efforts Promote centralized treatment and discharge of wastewater
All port areas and logistics warehouses are equipped with wastewater treatment plants and rainwater/sewage collec-
Continuously advance shore power utilization for docked vessels
tion pools have been built to manage and reuse sewage and rainwater from port activities.Shore power facilities have been installed at every berth of the Company except
Shore power coverage
for liquid chemical berths achieving 100% coverage at dry bulk berths and of dry bulk berth
thereby reducing fuel consumption and pollutant emissions during berthing.Cumulative shore power consumption (including tugs) during the reporting period 100 Ensure compliant disposal of ship pollutants and wastewas 1476072 KWH up 106.37% year-on-year. %
Agreements have been made with third parties to delegate the reception of ship pollutants to qualified units ensuring
proper treatment of pollutants. Hazardous wastes such as used oil are temporarily stored and regularly handed over to
qualified units for safe disposal. General industrial solid wastes like scrap iron are temporarily stored and periodically entrust-
ed to recycling companies for reclamation and reuse.In the future Xiamen Port continue to invest in the research and application of green technologies striving to explore innovative
green and low-carbon development models. This will drive all sectors toward higher levels of green development creating more
replicable and promotable green models and ensuring that sustainability remains the lasting cornerstone of Xiamen Port's develop-
ment.
29302024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Adhering to the principle of
efficiency and strengthening the
management foundation
Enhancing Party leadership 33
Optimize governance structure 36
Transparent and steady operation 38
Protection of investors' rights 43
31322024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Enhancing Party leadership
Management system The Company reinforces Party governance accountability by thoroughly advancing comprehensive and strict
Strengthening governance of the Party. To fully implement the key tasks of strict Party governance it formulates an annual list of
Party discipline primary responsibilities and supervisory responsibilities to ensure effective Party governance. The Party secretary
In accordance with the "Constitution of the Communist Party of China" the "Company Law of the People's Republic of China" and the "Regulations on firmly fulfills the role of "primary responsible person" while members of the leading team actively perform their
the Primary-level Working Organization of Communist Party Committees in State-owned Enterprises（trial implementation）" Xiamen Port integrates the "dual responsibilities" in researching deploying supervising and inspecting strict Party governance within their
Party's activities into the its articles of association clearly outlining the responsibilities and authority of the Party organization and its structure and areas ensuring clear accountability and full commitment.affirming the organization's legal status within the corporate governance framework. It has developed and continuously revised a series of policies
including the "Three Majors and One Large System" "Committee 'First Topic' Study System" "Party Committee Meeting Rules of Procedure" "Party
Committee Theoretical Study Center Group Implementation Measures" and the "Committee Party Organization Fund Management Measures". These
systems ensure that the Party committee can "set the direction manage the overall situation and promote implementation" while securing the funds
necessary for party-related activities. This approach maximizes the role of the Party as a guiding force seamlessly integrating party leadership with Held a lecture themed on "Strengthening Ideological Fronts and Enhancing Online
corporate governance. Case Public Opinion Management"
In November 2024 the Company invited the experts from the Xiamen Network Security Emergency Command Center (Public Opinion
Center) to deliver a lecture focusing on "Strengthening Ideological Fronts and Enhancing Online Public Opinion Management". Approxi-
mately 60 participants attended the lecture including members of the Company's Party committee leaders overseeing ideological
work from subsidiary enterprises relevant department heads and personnel and online commentators. The successful conduct of this
Set the special lecture has enhanced the ideological awareness and online public opinion management skills throughout Xiamen Port. It has
direction elevated the ideological awareness across the Company and strengthened its capability to manage online public opinion offering
In 2024 strong support for the Company's stable growth.Held party committee Review
36 188 Manage the Promotetimes proposals overall situation implementation
Party building activities
Guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era the Company thoroughly studies and implements the
spirit of the 20th National Congress of the Communist Party of China and the Second and Third Plenary Sessions of the 20th Central Commit-
tee. It thoroughly applies Xi Jinping's key insights on the reform development and Party building of state-owned enterprises. It fully utilizes the
guiding role of the Party organization. It aligns closely with the corporate development strategy and core objectives leveraging the powerful Picture: During the lecture
influence of Party building to guide business and drive reform and development. The Company aims to steer and empower high-quality
development through high-quality Party building.Case Xiamen Port's Party committee conducted training to enhance grassroots Party workers' skills
The Company consistently considers studying the guiding principles of the 20th National Congress of the Communist Party of In April 2024 to deeply study and implement Xi Jinping Thought on Socialism with Chinese characteristics for a New Era and the spirit
China and the Third Plenary Session of the 20th Central Committee as a "compulsory course" for the theoretical learning of of the 20th National Party Congress of the Communist of China strengthen the Company's grassroots Party organization construction
the central group cadre education and training as well as Party member learning and education.Party committee members stimulate their "driving force" and enhance the professional skills and business competence of Party branch secretaries and Party
set an example by demonstrating the "leading geese effect" actively connecting with and supporting Party branches and workers the Company's Party committee organized a series of training sessions to enhance the capabilities of grassroots Party affairs
Theoretical study spearheading Party lectures on "deeply studying the spirit of the Third Plenary Session of the 20th Central Committee". This workers. Nearly 50 grassroots Party branch secretaries took part in this focused training program.effort ensures that all leaders complete the "State-owned Enterprise e-Learning" online specialized training program
integrating these principles into every aspect of the Company's reform and development. The aim is to transform these
principles into concrete actions that drive the Company's high-quality growth fulfill duties and responsibilities with a sense of
mission and provide the motivational energy needed for innovation and entrepreneurship.The Company enhances the political awareness and organizational discipline of its Party members through regular
Party spirit study sessions themed Party day activities the "One Branch One Project" initiative and the establishment of
education pioneer posts and youth commando teams. These efforts encourage Party members to take the lead and reinforce
the foundational strength of the Party branches. By converting the impetus of Party-building into momentum for
advancing business operations the Company gains solid organizational support for its high-quality development.In compliance with the central mandate for "Party Discipline Learning and Education" the Company has seized the
Party discipline opportunity presented by the new "Regulations" to enhance disciplinary education among its Party members. At
study the headquarters and its subsidiaries 25 special sessions and training programs on the "Regulations" were
conducted. A total of 715 copies of the "Regulations" and related interpretation materials were distributed to Party Picture: Xiamen Port's Party committee conducted training to enhance grassroots Party workers' skills
cadres. Additionally 204 online self-assessment knowledge tests about the "Regulations" were completed. The
Company also hosted expert-led lectures on Party discipline and organized a themed reading event.
33342024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Optimize governance structure
Case Xiamen Ocean Shipping Agency conducted specialized Party discipline training
From November to December 2024 Xiamen Ocean Shipping Agency organized a series of Party education activities themed "Unite Construction of "Three Committees and One Level"
Hearts and Forge Ahead with Determination". Party members visited key locations such as Chushan Village Dazhai Village Jinsha
Academy Jimei Tower and the Chen Jiageng Memorial Hall. These visits facilitated in-depth studies of the "Spirit of the Soil" the In accordance with the "Company Law of the Peoples Republic of China" "Securities Law of the People's Republic of China" and other relevant
"Jiageng Spirit" and the strategy of "Rural Revitalization". The Company's Party committee also invited the lecturer from municipal regulations and based on its strategic aim of becoming a "leading port logistics supply chain service provider in the southeast coastal region"
Party committee to deliver a special lecture titled "In-depth Study and Implementation of the Spirit of the 20th Party Central Commit- Xiamen Port has established a governance structure characterized by "clear distinctions of rights and responsibilities scientific efficiency
tee's Third Plenary Session: Promoting Reform with Determination and Action". The lecture guided members in exploring the core coordinated operation and effective checks and balances". This "Three Committees and One Level" model facilitates the smooth functioning of
spirit of the plenary session and deepening their understanding of the Party's latest theoretical advancements. the shareholders' general meeting board of directors board of supervisors and executive management thereby consistently enhancing the
Company's operational performance. In the meanwhile each subsidiary are firmly cultivating a public company mindset maintaining strict
adherence to compliance in operations strengthening risk management and internal controls and enhancing the quality of board supervisory
and shareholder meetings.In 2024 the Company held a total of 5 shareholder meetings to review 24 proposals9 board meetings to review 53 proposals; 11 board commit-
tee meetings to review 24 proposals; 4 independent director meetings to review 10 proposals; 6 supervisory meetings to review 12 proposals;
and 37 management meetings to review 120 operational matters.
5times 9times 11times 4times 6times 37times
shareholder board board committee independent director supervisory management
meetings meetings meetings meetings meetings meetings
Picture: The specialized Party discipline training organized by Xiamen Ocean Shipping Agency
2453241012120
proposals proposals proposals proposals proposals operational matters
In 2024 the Company's subsidiaries
120times 62times 18times
shareholder meetings board meetings supervisory meetings
25714921
proposals proposals proposals
35362024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Board of directors Board diversity
Specialized committees Responsibilities
In strict adherence to the "Code of Corporate Governance for Listed The Company uses a cumulative voting system to elect board
Companies" and other relevant guidelines the Company candidates. The board of directors or shareholders holding more Supervise and evaluate the Company's internal audit activities establish and enhance the
continuously enhances the development of its board by implement- than 3% of the Company's outstanding voting shares can
ing six key authorities: long-term decision-making power of the internal audit framework and guide the effective operation of the internal audit department. It nominate candidates for the board. The board consists of nine
board appointment of management performance evaluation of Audit Committee also oversees the Company's internal control systems reviews the annual internal control members including three independent directors. Independent
management management of executive compensation manage-
ment of employee wage distribution and oversight of major directors fulfill their responsibilities diligently contributing to
assessment report suggests necessary actions or improvements and reports directly to the
board of directors.financial matters. With structured board operations external decision-making maintaining checks and balances offering
directors constitute the majority of the Company's and its subsidiar- professional advice safeguarding the Company's overall
ies' boards effectively leveraging the Board of Directors' critical role interests and protecting the legitimate rights of minority Develop and conduct assessments based on standards for appraising the Company's directors
in setting strategy making decisions and managing risks. shareholders. The diverse composition of the board demonstrates Compensation and and senior management. It also formulates and reviews the compensation policies and plans
strong complementarity in many aspects such as age education- Evaluation Committee
The Company's board development was recognized as the "2024 for these roles.al background professional experience work history skills and
Outstanding Practice Case" by the China Association for Public tenure. This diversity enhances the effectiveness and quality of
Companies. the board's decision-making.Board of supervisors Senior management Board compensation management
In strict adherence with relevant laws and regulations the board Senior management is appointed by the board of directors and Xiamen Port enhances motivation and creativity across all levels by implementing standardized compensation management. The Company's
exercises its authority to oversee the Company's operations operates with a commitment to shareholders stakeholders and compensation structure adheres to the principles of competitiveness fairness and incentivization. Compensation is determined based on
financial status and the performance of duties by directors and the public. They diligently and faithfully fulfill their fiduciary various factors including the specific position job level company performance and performance evaluations. The remuneration for directors
senior management. The board consists of five members responsibilities by focusing on "strategizing business operations and supervisors is reviewed by the Board Compensation and Assessment Committee approved by the board of directors and then submitted
including two employee representative supervisors who are ensuring execution and enhancing management" to maximize for approval by the shareholder meeting. The remuneration for senior management is also reviewed by the Board Compensation and Assess-
democratically elected by the Company's employees. the Company's long-term value. ment Committee and approved by the board of directors. Additionally the compensation details for directors supervisors and senior manage-
ment are publicly disclosed.Transparent and steady operation
Case Xiamen Port held key objectives meeting of 2024
Internal control
In January 2024 Xiamen Port held a special meeting on key
objectives for the year 2024. The meeting was chaired by the
secretary of the Company's party committee and general Xiamen Port places great importance on its internal control processes by establishing a comprehensive The Company has
manager. Attendees included the Company's leading team internal control system. The Company has formulated several regulations including the "Internal Audit established a total of
managers from the headquarters' functional departments and System" "Internal Control Inspection and Evaluation System" "System Management Measures" and the
key representatives from subsidiaries. The meeting outlined the "Accountability Measures for Violations of Production and Business Management Rules" which clearly 131corporate
production and operational targets major tasks and safety and define the roles and responsibilities for evaluating the internal control system. It also encourages all regulations
environmental responsibilities for both the Company and its departments and affiliated enterprises to conduct timely self-inspections and assessments continuously
subsidiaries for the year 2024. improving and optimizing the construction of the internal control system. The Company organizes a Revision of the
comprehensive evaluation of the design and operation of internal controls across both the headquarter company regulations
and its subsidiaries thereby promptly providing recommendations for rectification and ensures their
implementation. As the end of 2024 the Company had established a total of 131 corporate regulations 17items
with 17 revised in the year 2024.Development of special committees
The Company has established a Board Audit Committee with the Audit Department serving as the internal audit body. The department
There are several special committees under the Company's board of directors including the Strategic Development operates independently and objectively under the direct leadership of the Company's Party committee and Audit Committee of the Board
and ESG Committee the Audit Committee and the Compensation and Evaluation Committee. Each committee strictly diligently carrying out audit supervision and service functions. It continuously monitors evaluates and assesses the effectiveness of the
internal control system to ensure compliant operations and enhance corporate governance.adheres to relevant institutional regulations and diligently fulfill their responsibilities thereby significantly enhancing
the efficient and standardized functioning of the board.Internal audit
Specialized committees Responsibilities
Focusing on increasing revenue reducing expenses enhancing internal controls and compliance management we explored
critical challenging and high-risk areas of business management. A total of five specialized audits and two targeted inspections
Strategic Development Conduct researches and provide recommendations on the Company's medium- to long-term were conducted focusing on major issues like related-party transactions guarantee provisions use of raised funds and financial
and ESG Committee development strategy major investment decisions and significant ESG-related matters. assistance. We performed compliance audits of internal control processes which spanned 52 instances across secondary and
tertiary enterprises.
37382024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Internal control
Risk control The Company formulates risk response strategies by assessing risk analysis results weighing risks and
measures returns and aligning with its risk tolerance. It aims to effectively control risks through a comprehensive We initiated a self-assessment of internal controls among the Company's functional departments and subsidiaries. Through application of risk avoidance risk reduction risk sharing and risk acceptance strategies.inspection testing and evaluation of internal control design and operations we identified vulnerabilities and potential risks
ensuring efficient remediation of deficiencies and enhancement of the internal control system.Problem rectification The Company enhances risk management in port logistics and supply chain operations by establishing
Special risk control a three-tier risk control system thereby forming a scientifically hierarchical management model for
mechanism
Adhering to the principle that both the follow-up on audit rectification and the identification of issues are equally important and special control of key business operations. In 2024 the Port Logistics Supply Chain Business Manage-for key business
must progress in tandem routine efforts include monthly tracking of issue remediation identified in audits maintaining closure ment Team has conducted assessment and reviews on key business risks such as new types of cargo
records and coordinating rectification tasks. On this basis a "look back" inspection has been carried out to review how subsidiaries major contracts and credit approvals for significant clients.have addressed audit findings over the past three years. This inspection aims to reinforce accountability and ensure effective
remediation involving 21 subsidiaries.Compliance management
Risk management
Xiamen Port remains steadfast in its commitment to compliant business practices through rigorously following the Fujian Provincial SASAC's
"Compliance Management Measures for Funded Enterprises" along with other relevant laws regulations and industry standards. The Compa-
Xiamen Port is continually enhancing its risk management by strengthening mechanisms to control major operational risks. It has developed ny has established the "Compliance Management Measures" to ensure that legal compliance is integrated into every aspect of its production
several foundational and supplementary risk management systems such as the "Risk Assessment Management Measures" and "Major
Operational Risk Event Reporting Work Rules". The risk management process consists of several key points including risk assessment tracking and business management processes. No major violations were recorded throughout the year 2024.and monitoring control and event reporting. It aims to ensure effective guidance for daily risk management and the development of the risk
control system. Organizational structure
Organizational structure
Head of the Compliance Chief Compliance Business and
Company management committee Officer and functional departments
Board of Senior Audit Functional departments Compliance Management
directors management Department and subsidiaries Department
Ensures effective Reviews and decides Coordinates and manages Develops the risk manage- Serves as the chief person Oversees and coordinates Organize coordinate and Appoint compliance liaison
comprehensive risk on key risk manage- all aspects of daily risk ment mechanism for their responsible for the compliance activities oversee compliance officers who receive
management and ment issues and management organizes own department or the promotion of legal addressing and resolving management tasks guidance and training from governance effectively key challenges; providing support for the Compliance Manage-
is accountable to significant matters regular or special risk Company and carries out assuming the roles of various departments and ment Department. They
shareholders. overseeing risk assess- assessments collects risk specific daily risk manage- organizer promoter and subsidiaries; assist department heads in
ment efforts. information and compiles ment activities. practitioner of lawful and conducting compliance
risk assessments from compliant operations reviews of their operations
various subsidiaries. management and actively and management within the
advancing compliance departments or business
management efforts; areas ensuring seamless
integration of compliance
with business activities.Considering industry characteristics the Company identifies and mitigates various risks associated
with daily operations by classifying them into seven primary categories: strategic risk financial risk
Risk identification market risk operational risk legal compliance risk safety risk and information system risk. Each of them is further divided into 70 secondary risk categories such as investment risk cash flow risk price In line with the high incidence of labor and personnel dispute cases in the sector the Company has
risk logistics management risk environmental protection risk compliance risk and information system Special research developed the "Labor and Personnel Compliance Guide". Based on the new "Company Law" the
security risk. Company has produced a report titled "Summary and Insights into Important Revisions in the New
'Company Law'".The Company undertakes regular and special risk assessments collects risk information guides and
organizes routine internal control inspections and evaluations and compiles internal control evalua- To strengthen compliance management in key areas and crucial points the Company is consistently
Risk warning tions and risk assessments from all subsidiaries. Moreover it formulates the "Major Operational Risk Auditing mechanism refining its legal risk prevention mechanisms and internal control systems. It rigorously applies a
and tracking Event Reporting Guidelines" establishes and refines mechanisms for managing and controlling major compliance review process for matters such as economic contracts regulations and major decisions.operational risks defines the reporting procedures and swiftly implements countermeasures to
effectively prevent and mitigate these risks.
39402024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.In 2024 Xiamen Port organized and participated in 27 legal education seminars involving approximately Strengthen implementations and optimize the control system
280 participants. Additionally the Company's legal team organized eight thematic legal education
exchange sessions addressing key and complex issues encountered in subsidiaries' operations. Utilizing
Legal construction a combination of online and offline methods such as WeChat public accounts web pages bulletin The Company continuously updates the "Integrity Control Manual". In 2024 there were 21 new risk points based on supervisory findings
boards and thematic meetings the Company has conducted a series of legal education and publicity introducing 13 risk points and control measures for new business areas optimizing 53 control measures based on new management
activities on topics like the Civil Code intellectual property promoting business integrity and the Constitu- requirements updating 15 risk points and control measures in response to organizational changes and promptly establishing control manuals for two companies transitioning from construction to production. An "Internal Control Enhancement Team" has been established to conduct
tion further integrating legal and business practices and enhanceing compliance awareness. self-assessments of the Company's internal control processes. By maintaining a problem-oriented approach the Company conducts self-exam-
inations to learn from common issues. The supervision department provides dynamic feedback on identified risks to functional departments
promoting a proactive approach to risk management.Case Special legal lecture on the new "Company Law"
Stay continually alert in our mindset to ensure an atmosphere the "Integrity CultureEducation Month" event
In April 2024 the Company invited a senior partner from a law of integrity and righteousness
firm to present a special seminar on the new "Company Law".The seminar highlighted modifications in the new law focusing 59activitiesThe Company has also carried out the "Integrity Culture Education Month" event organizing a total of 59
on the duties of loyalty and diligence of directors supervisors educational activities such as visits to integrity education centers family ethics exhibits screenings of
and senior management as well as regulations concerning cautionary films and studies of exemplary cases with a total of 3688 participants. Three self-produced
single-shareholder companies. Through this training activity the micro-lecture videos titled "Integrity in Action Ethics in the Heart" have been released via the official 3688
Company aims to reinforce compliance standards foster a account continually fostering a positive culture of promoting and practicing integrity. participants
legal-conscious corporate culture and drive high-quality
business development.Picture:The legal affairs leader is conducting
a legal education seminar Case Integrity in professional conduct and cultivating a culture of integrity at its core
Anti-Corruption and integrity
Xiamen Port rigorously ensures that Party members and cadres adhere to the "Regulations on Disciplinary Actions of the Communist Party of The Company organized a 2024 Integrity and Compliance Training program for new employees themed "Secure Integrity Firstly Start Your Career Rightly". The training aims to educate new employees on party discipline regulations and company policies
China" the "Provisions on the Integrity of Leaders in State-Owned Enterprises" the "Guidelines for Clean Governance of the Communist Party effectively fortifying the first line of defense in their careers.of China" and other relevant Party rules and laws. The Company is dedicated to strengthening the culture of Party conduct and integrity within
the enterprise and advancing anti-corruption initiatives consistently upholding a resolute political stance against corruption. Through relentless
pressure it is also committed to deter corruption deepen and expand preventive measures and strengthen efforts to eliminate the desire for
corruption fostering a culture of integrity and consolidate a healthy political environment to drive the rapid and high-quality development of the
Company. The Company organized a dedicated exchange meeting for key financial staff to address and highlight risk points in the process of
expense reimbursement.Strengthen political leadership and enhance regulatory systems and mechanisms
A focused discussion was also organized for procurement management staff. The meeting centered on analyzing and sharing risk
The Company continuously implements a robust Party governance mechanism where its Party committee assumes the "primary responsibility" control measures across four areas: approval processes acceptance and settlement procedures inventory management and the
the discipline inspection commission undertakes "supervisory responsibility" the Party organization secretary shoulders the main accountability disposal of obsolete materials. This initiative seeks to elevate the internal control standards in procurement management.the discipline inspection commission secretary carries out specialized supervision and other leading teams fulfill dual responsibilities in their roles.Its Party committee conducted two special sessions on Party conduct integrity and anti-corruption work one special investigation of the Compa-
ny's political environment and issued the "2024 Guiding Opinions on Party Conduct and Anti-Corruption Work". Additionally the Company has
established a "comprehensive supervision" framework involving the collaboration of discipline inspection auditing finance legal affairs and
functional oversight to maximize supervisory effectiveness at various levels and categories thereby embedding a coordinated efficient and
rigorous supervision mechanism into enterprise governance.Maintain a stance of high pressure and strengthen regular supervision
reviewed
Focusing on political oversight the Company has reviewed 147 Programs related to major decisions
and significant matters and issued integrity certifications for 162 instances. Discipline inspection and
supervision agencies have also thoroughly implemented checks on the adherence to the spirit of the 147programs
"Eight Regulations" and its implementation guidelines and conducted special initiatives to rectify the
"Four Forms" for maintaining a firm and uncompromising stance. By committing to a strict approach issued integrity
and focusing on key areas such as capital-intensive sectors centralized power and resource-rich certifications for
environments the Company has conducted "1+X" inspections dismantled the unwritten rules of
exploiting corporate resources and carried out comprehensive investigations into public vehicle 162 instances
usage. Picture: Party members and cadres visiting and Picture: The Secretary of the Discipline Inspection Commission of Xiamen
learning at an integrity education base Ocean Shipping Agency delivering a lecture to the new employees.
41422024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Fair competition Financial information disclosure
regular financial reports
The company has established strict systems for financial management financial reporting and
Xiamen Port is committed to creating a fair transparent and orderly business environment ensuring that all stakeholders can participate in competition information disclosure management to ensure that the financial information disclosed is true
on an equal basis. The company strictly adheres to national laws and regulations such as the "Law of the People's Republic of China for Countering Unfair accurate and complete. In 2024 the Company released four regular financial reports. 4items
Competition" the "Anti-Monopoly Law of the People's Republic of China" and the "Regulations on Fair Competition Review". It upholds the principles of
fair competition and opposes any form of unfair competitive behavior. In 2024 the Company did not face any lawsuits or significant administrative
penalties related to unfair competition.The company ensures all business activities are conducted within a legal framework. The Company diligently safeguards its legal rights and maintains Non-financial information disclosure
market order through strict adherence to laws and regulations standardization of market behavior protection of trade secrets regulation of investment Issued temporary
and procurement and comprehensive education and training initiatives. Information disclosure serves as a crucial channel for investors and the public to obtain information announcements
about listed companies and for companies and investors to achieve positive interactions. The Compa-
ny has set up a multi-tiered review system involving drafting by functional departments review by the
Anti-Unfair competition initiatives securities representative and examination by the board secretary as well as a joint review mechanism 21times
for significant announcements. The Company strictly adheres to policies such as the "Company
Compliance with laws and regulations Information Disclosure Management System" and the "Company Investor Relations Management announcement documents
System" ensuring that confidential informants are managed appropriately and all information is
Uphold the principle of legal operations by strictly following the "Law of the People's Republic of China for disclosed in a truthful accurate complete timely and fair manner. 93items
Countering Unfair Competition" and related regulations and avoiding all forms of unfair competition;
In 2024 the Company issued 21 temporary announcements and 93 disclosure documents.Market conduct standards
Commit to integrity in business practices by improving service quality and standards building a strong brand
image and enhancing customer trust and loyalty; Protection of shareholders' rights
Protection of trade secret
Implement robust mechanisms to protect trade secrets including signing confidentiality agreements with Xiamen Port convenes and holds shareholder meetings in strict accordance with the "Company Articles of Association" and the "Rules of the Shareholders
employees and business partners to jointly safeguard confidential information; Meeting". It implements voting mechanisms such as separate and cumulative voting and provides online voting options for minority investors. This ensures
that all shareholders are fully respected in their rights to information participation voting and oversight concerning major company matters effectively
safeguarding the interests of all shareholders particularly minority shareholders.Investment and procurement guidelines
When voting on proposals during the shareholders meeting lawyers shareholder representatives and supervisor representatives collaborate to ensure
Establish investment and procurement regulations to ensure independence and fairness in external accurate vote counting and supervision. Meanwhile lawyers issue legal opinions evaluating the compliance of meeting procedures with laws administra-
investments and service procurement and firmly oppose any form of unfair competition. tive regulations and the "Articles of Association". They also verify the legitimacy and validity of the voting procedures and meeting results. These legal evaluations are disclosed alongside the resolutions of the shareholders' meeting. These legal opinions are disclosed together with the resolutions of the
shareholders meeting.Education and training
Strengthen education on integrity and enhance employees' awareness of self-discipline consciously maintain-
ing a good social competition order.Protection of creditor's rights
By adhering to relevant laws and regulations Xiamen Port is committed to fully safeguard the legitimate
rights of creditors. It strictly follows credit cooperation business rules and ensures timely repayment of
Protection of investors' rights loans and tax payments. In 2024 the Company maintained a clean credit record with no incidents of debt default. Owing to its strong creditworthiness and reliable financial status the Company received an issuer credit rating for three
AA+ issuer credit rating for three consecutive years from 2022 to 2024. consecutive years
from 2022 to 2024
Transparent information disclosure
In strict accordance with the information disclosure regulations outlined in the "Company Law of the
Peoples Republic of China Company Law" "Securities Law of the Peoples Republic of China" and
other relevant legal and departmental guidelineslaws and regulations and relevant provisions on the highest rating in
information disclosure Xiamen Port has established the "Company Information Disclosure Manage- the 2023-2024
ment System" and the "Company Investor Relations Management System". Dedicated to enhancing InformationDisclosure Work
the quality of information disclosure the Company meticulously prepares and releases periodic Evaluation by the SZSE
reports and various interim announcements. This ensures that all disclosed information is truthful
accurate complete timely and fair allowing investors to stay informed about significant develop-
ments in the Company's day-to-day operations. In 2024 the Company was awarded the highest
rating of A in the 2023-2024 Information Disclosure Work Evaluation by the SZSE.
43442024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Marching forward with great
passions and strongly uplifting
employees' dreams
Improving employee well-being 47
Safeguarding employee health and safety 51
Safeguard employees development 56
Lighting up employees' lives 58
45462024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Improving employee well-being
Employees
344674.16%
Production staff of total employees 104 2.24%
Financial personnel of total employees
Xiamen Port has a total of 4647 employees
1533.29%
Sales personnel of total employees
54911.81%
Administrative staff of total employees
3958.50%
62 15 Technical staffThe proportion of total employeesMinority employees The proportion of Employees with disabilities
of minority employees with
employees 1.33 % of total employees disabilities 0.32 % of total employees
1262.71108323.31%%
Employees with an of total employees
Employees with a master of total employees Associate degree
degree and above
3700 79.62 1113 23.95% 2325 50.03%% Employees with of total employees Employees with a high of total employees
Male employees of total employees a bachelor degree School diploma or below
94720.38%
Female employees of total employees
In the year 2024 the Company recorded 173 voluntary resigna-
tions which is 3.72% of the total employees. Labor dispute
1528 32.88% cases are handled according to national laws and standards. In
Employees under of total employees 2024 there were 3 new dispute cases.the age of 35
141530.45%
Employees between of total employees
the age of 35 and 45
170436.67%
Employees over of total employees
the age of 45
3457482024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Equal employment
The Company implements a humane working hours system prohibiting forced labor and granting employees
statutory holidays and considerate leave benefits. It also strictly adheres to national regulations concerning
In strict accordance with the "Labor Law of the People's Republic of China" "Law of the People's various types of leave and establishes relevant policies to safeguard employees' attendance and vacation
Republic of China on Labor Contracts" "Law of the People's Republic of China on the Protection of Recruited a Fresh Working hour rights. Currently the Company has 3052 employees with fixed working hours and 1595 employees with no
Minors" and other applicable laws and regulations Xiamen Port upholds the principles of "openness total of graduates
fairness justice" "mutual selection and merit-based hiring" and "equal employment opportunities" system
fixed working hours (including piece-rate workers).free from discrimination based on nationality race religion gender or age. It resolutely opposes the
employment of child labor and any form of forced labor striving to create a lawful compliant fair 188talents 61
and supportive workplace that fosters mutual assistance and camaraderie. The Company continually
enhances employees' sense of human rights protection well-being and security. The Company covers all statutory social insurances and benefits for its employees including basic pension
insurance basic medical insurance unemployment insurance work injury insurance maternity insurance and
The Company mainly adopts campus and social recruitment utilizing multiple channels to publish job Individuals from Internal recruitment the housing provident fund with a 100% coverage rate. The housing provident fund also achieves a 100%
announcements and conduct recruitment interviews and evaluations. Candidates are selected based the general society and transfers Employee contribution rate. Furthermore we offer additional benefits such as enterprise annuities and supplementary
on their performance enabling the Company to bring in diverse and professional talent to meet the benefits medical insurance.staffing needs of various business departments and subsidiaries. In 2024 the Company recruited a
total of 188 talents including 61 fresh graduates 125 individuals from the general society and 2 125 2
through internal recruitment and transfers.In addition it maintained a 100% labor contract signing rate and is committed to protect employee
rights.Democratic management of employees
Case Campus recruitment event
Union building
In October 2024 the Company went to Shanghai Xiamen Port has established labor unions in line with the "Trade Union Law of the People's Republic of China" and the "Constitution of the Chinese Trade Union" comprising 27 union organizations across its subsidiaries. They are legally funded to protect employees' legitimate rights
Maritime University for a campus recruitment event. and to facilitate the democratic management of employees.They provided graduating students with an overview
of the Company its core business areas and The Company is committed to respecting employees' democratic rights and legal interests highlighting the importance of their roles in democrat-
corporate culture. They also conducted face-to-face ic management participation and supervision. An extensive framework has been established and continuously refined including union
interactions and on-site interviews with interested organizations and a democratic management system centered around the employee representative assembly. This ensures employees' rights
graduates offering them job positions to infuse new to information participation expression and supervision.energy into the Company's growth.In 2024 a total of 27 employee representative assemblies were held to enhance the development of union leaders monitor the enforcement of
collective agreements within subsidiaries and advance democratic management within the Company.The Company has established various channels for communication and contact with employees upholding democratic processes. Through
employee representative meetings and online interactions it engages in multi-level communication and dialogue encouraging employees to
participate in the management of production and operations.Picture: On-site interview
Rights of female employees
Employee compensation and benefits
Xiamen Port continuously enhances the development of its women's committee with 17 unions having set up women's committees.Female employees are encouraged to strive for excellence in frontline work. These efforts ensure labor protection for grassroots
Xiamen Port strictly complies with national laws and regulations such as the"Labor Law of the People's Republic of China"and the "Social female employees and actively guide them to be committed and dedicated in their roles thereby fully leveraging the crucial contribu-
Insurance Law of the People's Republic of China" as well as local legal requirements where it operates. The Company has developed tions of women as "half the sky".tailored compensation management systems for different personnel levels including senior management enterprise leaders middle
managers and employees.The Company is striving to establish a competitive incentive-based position-centered and
performance-based compensation distribution system. Compensation is linked to the Company's overall
performance allowing employees to share in the success of the Company's growth and embodying the
Compensation principle of rewarding employees in proportion to their contributions.distribution
49502024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Safeguarding employee health and safety Establishing sound contingency plan
The Company and its subsidiaries have established sound safety production contingency plan overseeing each subsidiary in developing and
regularly updating their own plans. In accordance with these plans all subsidiaries conduct regular emergency exercises ensuring they have
System construction necessary emergency supplies and equipment and continuously improves their procedures. The company also has established mechanisms for
reporting sudden incidents and for monitoring and disclosing information on public opinion during emergencies. Each subsidiary has a dual-con-
trol system in place for managing and controlling graded safety risks and for identifying and addressing hidden hazards with regular
Xiamen Port strictly complies with the "Safety Production Management System" "Emergency Safety Production assessments and updates.Plan" and the "Implementation Measures for Safety Production and Environmental Protection Rewards and production safety
Penalties". Additionally it formulated the "Three-Year Action Plan for Tackling the Root Causes of Safety Production accidents classified
(2024-2026)" based on actual conditions. The Company oversees each subsidiary in drafting their own plans and 0 as general or
task lists according to their unique characteristics systematically conducting the three-year action initiative to more severe
continually improve safety management levels. No production safety accidents classified as general or more Safety objectives and achievements
severe (i.e. those with direct losses exceeding RMB 300000) were recorded throughout the year 2024.Control indicators of safety production
Employee safety management The mortality rate for production safety accidents shall be zero. The number of accidents causing direct
economic losses exceeding RMB 1 million shall be zero.The Company has established a Safety Production Management Committee along with a dedicated safety management department
staffed by specialized personnel. Collectively it is subsidiaries have invested RMB 31.44 million in safety production expenses. In 2024
the total number of accidents within the Company's jurisdiction decreased by 67% compared to 2023 achieving significant reductions
in both the number and severity of incidents. The Company has 34 employees certified as Registered Safety Engineers; 26 subsidiaries Fire safety indicators
have achieved safety production standardization certification of which 4 are certified at level 1 15 at level 2 and 7 at level 3. Additional-
The mortality rate for fire accidents shall be zero. The number of fire accidents causing direct economic
ly it signed 13 "Safety Production and Environmental Protection Task Objective Management Responsibility Agreements" with its losses over RMB 1 million shall be zero. The rectification rate for enterprises with "three-in-one" issues
primary subsidiaries. All subsidiaries strictly adhere to the "All-Employee Safety Production Responsibility System". and the rate of rectifying fire hazards shall be both 100%.Invested The total number of accidents Employees certified as Subsidiaries have achieved safetywithin the Company's jurisdiction Registered Safety production standardization
RMB 31.44 million decreased Engineers certification
in safety production
expenses 67% 34 26 Road traffic accident indicators (including roads within port area)
Road traffic accidents resulting in fatalities for which equal or greater responsibility is assigned
shall be zero.Ensuring production safety
The Company has established a Safety and Environmental Protection Department responsible for the daily management and supervision of its Safety management indicators
production safety. Each subsidiary develops its own safety management protocols and establishes dedicated departments and specialized Signing (issuance) rate of Safety Production Target Management Responsibility Letters shall be 100%;
personnel and management based on their unique characteristics. The Company has developed a "Mechanical and Electrical Equipment The execution rate for annual evaluations and the associated rewards and penalties shall be 100%; Rate
Management System" according to which the Safety and Environment Protection Department shall conduct annual inspections of facilities and of safety work information filing shall be 100%; Accident rectification rate shall be 100%.equipment handling their retirement declaration evaluation and disposal. This process ensures the timely removal of equipment that is
uneconomical unsafe or environmentally unfriendly. Additionally the Company strictly adheres to the equipment maintenance schedule and
conducts routine monitoring of equipment conditions. Each subsidiary establishes maintenance protocols including routine periodic and special
maintenance that align with their operational requirements. Maintenance is performed according to established procedures preventing the
operation of faulty equipment and ensuring safe production.Safety education and training indicators
"Three-level education" and "Four new" training resumption training and job transfer training rate shall
Accountability for safety incidents be 100%; Ensure 100% certification compliance for special operations personnel.The Company and its subsidiaries have established a comprehensive system for reporting investigating and
handling production safety incidents. We adhere to the "Four Principles" ensuring thorough cause analysis
investigation handling educational warnings and accountability. Additionally we have formulated the "Safety
Production and Environmental Protection Target Responsibility Agreement" and the "Reward and Penalty Loss of work due
Assessment Implementation Measures" to evaluate and manage safety-related incentives and penalties for to safety accident Occupational health and disease prevention
responsible individuals within accountable units. A closed-loop mechanism was established for accident
notification alerting supervision and rectification. The Company provides group accident insurance for all Maintain a comprehensive occupational health management system with a zero occurrence rate of
employees achieving 100% coverage to protect against potential accidental injuries. In 2024 the Company 1483workdays occupational diseases.reported no fatal workplace accidents and a total of 1483 workdays were lost due to work-related injuries
throughout the year. Over the past three years the Company maintained a record of zero death due to
workplace incidents resulting in a work-related fatality rate of 0%.
51522024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Case The Logistics IoT Center enhances fire safety for the Company Emergency exercise
Xiamen Port Logistics has established a Fire IoT Center having The Company conducted a range of comprehensive emergency
significantly improved the Company's fire safety by integrating response exercises including those for occupational health special
fire equipment and facilities and connecting crucial safety equipment accidents as well as scenarios involving confined Organized
Attended
emergency plan drills Revised
information. This initiative creates a highly sensitive fire safety spaces falls from heights electrical shocks power outages natural
infrastructure that allows for real-time dynamic and interactive disasters fires hazardous chemical leaks oil spill prevention and 225 4453 25
collection transmission and processing of fire safety data. As a anti-terrorism measures. During the reporting period the Company emergency emergency
organized a total of 225 emergency exercises with approximately exercises
participants plans
result the Center significantly enhances the command
dispatch decision-making and handling capabilities during fire 4453 participants. Additionally 25 emergency plans were revised.extinguishing and rescue operations. These efforts have tested and improved the company's emergency
response capability.Picture：Xiamen Port Logistics' Fire IoT Center
Case Organize 2024 "Ankang Cup" knowledge contest themed on"Enhancing Learning Through Competition for United Safety"
Case The development of an integrated safety and fire platform by Xiamen Ocean Shipping Agency
In December 2024 the Compa-
ny's labor union in collabora-
Xiamen Ocean Shipping Agency has developed an integrated safety and fire platform which serves as a comprehensive applica- tion with Shihushan Terminal's
tion system. This system includes an emergency command center front-end sensing devices user information transmission labor union held the 2024
devices communication networks and platform management software. By leveraging technologies like the Internet of Things "Ankang Cup" knowledge
geographic information systems video surveillance and sensors the platform provides real-time monitoring and alerts on the contest. A total of 10 represen-
status of firefighting facilities across networked units. It aims to establish a unified "one network" for safety management and a tative teams from Xiamen Port
"one map" approach for resource sharing. Shipping Shihushan Terminal
and Huajin Terminal participat-
ed in this contest. Through
knowledge contest the
initiative aims to strengthen
corporate safety culture by
fostering an atmosphere where
"everyone is conscious of
Safety culture safety and adept at emergency
response".Upholding a culture of saftey-first Xiamen Port has actively organized a series of distinctive safety activities. Leveraging platforms such as
Safety Production Month Disaster Prevention and Mitigation Day and Fire Safety Awareness Month the Company deeply integrates safety Picture: 2024 "Ankang Cup" knowledge contest
culture development.Case Shihushan Terminal distributes warm safety tips to incoming drivers
Safety education
Shihushan Terminal irregularly distributes warm tips of traffic safety to incoming drivers clearly outlining the terminal's specific
During Safety Production Month under the theme "Everyone Speaks Safety Everyone Masters Emergency Response - Keeping Lifelines Open" regulatory requirements to help drivers learn about traffic management rules enhance their safety awareness and reduce the
a diverse array of engaging safety culture activities are conducted. Collectively its subsidiaries have hung 137 promotional banners printed and chances of violations. Additionally the tips include contact information for reporting supervision issues and emergencies encouraging
distributed 4587 safety brochures and posted 1177 safety posters. They have also overseen the revision of 81 regulations. In 2024 we carried
out a total of 1670 safety training sessions which were attended by approximately 28745 participants. drivers to engage in on-site supervision and management.Hung Printed and Overseen the Carried Safetydistributed Posted revision of out a total of training
1374587117781167028745
promotional safety safety safety training
banners brochures posters regulations sessions participants
53 Picture: Shihushan Terminal distributing warm safety tips 542024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Occupational health
Case Training on the wearing and use of fall arrest kit by Hailong Terminal
Xiamen Port places a high priority on the occupational health protection of its employees and continually refines its occupational health
management system. It engages third-party experts to assess and certify workplace environments for occupational disease risks and
Hailong Terminal conducted specialized training consistently works on standardizing and enhancing labor protection by establishing a dual-control system for risk classification management
on how to properly wear and use the fall arrest kit. and hazard identification and removal. To raise safety awareness among employees the Company has organized various activities including
Through a combination of on-site explanations specialized activities lectures training sessions practical exercises equipment use practice and the procurement of labor protection supplies.and hands-on experience the training aims to Additionally it conducts occupational disease health checks implements protective measures and performs specialized inspections focused on
help on-site managers and frontline workers labor protection and occupational health supervision. These efforts are significantly conducive to the control of occupational health hazards
master the use of fall arresters. ensuring the safety health and legal rights of all employees.Through identifying risks the Company places risk warning signs in prominent locations in the workplace
Health risk advise illustrating on-site emergency handling methods. It also establishes occupational health bulletin boards to share regulations on occupational disease prevention standard operating procedures emergency
measures for workplace hazards and test results of hazard factors.Picture: The Safety and Environmental Department at
Hailong Terminal demonstrating the use of the fall arrest kit
Enhancement of According to the actual situation some subsidiaries provide simple fitness facilities and spaces for
health facilities activities like basketball and badminton offering employees opportunities for physical exercise.Potential risks identification
In accordance with the relevant guidelines from higher authorities and the three-year action plan for addressing fundamental challenges in Strengthening Some subsidiaries held health seminars and conducted comprehensive training on occupational health
safety production Xiamen Port has actively advanced the special rectification actions for major accident hazards by clarifying objectives awareness of protection tailored to their needs continuously boosting employees' health awareness. Additionally the
enhancing safeguards and establishing a company expert team to supervise subsidiaries in fulfilling their responsibilities. We also have protection Company and its subsidiary unions organized to offer condolences to frontline employees.conducted quarterly and annual safety assessments and unannounced inspections of our subsidiaries. After a thorough investigation no major
hazards were found within the Company and its subsidiaries for the year 2024.The Company establishes relevant management systems in accordance with the national "Work Injury
Insurance Regulations" and related laws and taking into account the actual circumstances. Additionally
it pays work injury insurance premiums for employees on time. In the event of a work injury relevant
The Company leaders and those of its subsidiaries lead the effort in identifying major accident hazards. Leaders in general industries conduct departments from the Company and its subsidiaries shall immediately go to the site to manage the
safety inspections quarterly while those in hazardous goods industries do so monthly. This ensures that all subsidiaries are actively researching Management of situation and conduct an accident investigation. If necessary the employee shall be promptly transported
and implementing measures to address and rectify significant accident hazards. industrial injuries to an appropriate hospital for medical treatment. Meanwhile the Company assists employees in applying
for work injury recognition and benefits and conducts regular support and visits with subsidiary unions.The subsequent process involves determining the cause of the accident and assessing the injuries
clarifying the nature and responsibility of the incident developing improvement measures and supervis-
ing their implementation.In 2024 the Company decides its annual priorities by focusing on key enterprises and key regional safety risks. In accordance with the safety
requirements of various supervisory bodies the Company organized 59 safety inspections of its subsidiaries and offered 51 recommendations
all of which were addressed through corrective actions or improvements. Additionally it continuously monitors its subsidiaries to ensure
effective hazard identification and control and enhance safety measures. All subsidiaries have also diligently fulfilled their primary responsibili- The Company offers occupational health examinations for employees exposed to occupational hazards and maintains comprehensive occupational health monitoring records for them. It also provides
ties collectively conducting around 1237 safety inspections and identifying and rectifying 1391 potential hazards with a 100% rectification rate Regular health protection gear to employees as per regulations refine distribution and disposal standards and guide
for identified hazards. checkups employees on the proper use of protective equipment and personal safety gear. Some subsidiaries
arrange regular occupational health checkups every year for workplaces and positions involving occupa-
tional hazards to ensure that employees' health is not affected by occupational hazards.Organized Offered Conducting Identifying and Rectification rate forrectifying identified hazards
59 51 1237 1391 100 Safeguard employees development%
safety inspections
of its subsidiaries recommendations safety inspections potential hazards
Employees development
Xiamen Port emphasizes employee career planning by addressing diverse development needs and utilizing various training methods to provide a wide
platform for career growth.At its headquarter job positions are categorized into seven levels across management and technical tracks. The Company sets clear regulations for
determining these levels evaluating employee qualifications assessing performance and adjusting job levels. Employee performance is evaluated
comprehensively on a monthly and annual basis. Those who achieve excellent results are eligible for promotions advancements or exceptional elevation.
55562024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.The Company is committed to addressing the evolving needs of its employees at various stages of their careers by designing and refining career Case Xiamen Port Shipping strived to weave a high-quality constructionnetwork through continuous training
development paths and employing diverse training methods thus establishing a broad platform for their growth. It aims to build a talent
pipeline aligned with the Company's strategic goals ensuring the sustainable development of talent.Employee training Nurturing new talent and building a youth task force. In Empowering core strengths and driving growth 2024 Xiamen Port Shipping established a Youth Task through training. In April 2024 Xiamen Port Shipping
Force and nearly 500 people have been trained. launched its first management training program of the
Through initiatives such as Youth Study Programs and year for mid-level and junior employees. This program
Xiamen Port prioritizes the enhancement of its workforce quality by establishing a robust training system. This effort aims to create a Ship Standardization Projects we will continuously will include group discussions role-playing scenarios
learning-oriented organization encouraging employees to realize their personal value in their respective roles. conduct hands-on training and technical workshops to and case study analyses guiding participants to
strengthen the foundation of our young workforce. integrate their personal goals with the company's
strategic vision. By fostering a culture of heritage and
growth the company commits to relentless efforts in
achieving high-quality development.Training planning Training content
The Company integrates innovative learning and skills develop- The Company conducts various training programs including
ment into its long-term strategy. Annual training plans and onboarding for new employees professional development for
implementation schemes are developed in accordance with in-service staff operational skills for front-line employees and
the its growth strategy and yearly operational goals. These management enhancement training.plans are tailored to the specific nature of each position
associated responsibilities and the diverse capabilities and
individual needs of the employees.In 2024
Spent Organized The total training Year-on-year Employees Training per
duration reached increase participated person
Picture: Xiamen Port Shipping's Youth Task Force Picture: Training by Xiamen Port Shipping
RMB 1.8835 million
on employee 2249 88444 hours 15.85 4457 19.84 hours
education training sessions
Case Xiamen Port Trading organized a specialized training on"industrial silicon futures basis trading"
Senior Accounting for
managers 1.48% In response to market demand Xiamen Port Trading
66 of the total organized a specialized training on "industrial silicon futures number of trainees basis trading". The training covered the use of strategies like
basis arbitrage and basis hedging equipping practitioners
Middle Accounting for
managers 9.00% with the skills to adapt their strategies flexibly across different
of the total market conditions to mitigate risks and providing the Compa-
401 number of trainees ny with more diversified risk management tools to support its
stable growth.Frontline Accounting for
employees 89.52%
of the total Picture: The specialized training by Xiamen Port Trading
3990 number of trainees
Male Accounting for
employees 82.57% Lighting up employees' lives
of the total
3680 number of trainees
Female
employees Accounting for Employee care and support17.43%
777 of the totalnumber of trainees
The Company is committed to a people-centered approach placing the holistic development and welfare of employees at the heart of its
corporate strategy. Through the development of a comprehensive employee care system the Company prioritizes not only the physical health
and working conditions of its staff but also actively promotes work-life balance and strengthens their connection to the corporate culture.
57582024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Case Implementing the "Summer Refreshment" high-temperature relief activity
Cultural and sports activities
To effectively implement heat prevention measures and ensure employees' health and production safety the Company consistently
carried out "Summer Refreshment" high-temperature relief activity to genuinely care for front-line employees delivering care to a Xiamen Port is dedicated to enhancing the quality of life for its employees by providing more stable employment satisfying income
total of 2861 employees working in high-temperature conditions and 491 stationed abroad. reliable social security ample life benefits and a richer cultural and spiritual life.The Company strives to foster a caring and passionate organizational environment. Through sports cultural activities and volunteer
services it enhances communication among employees strengthens company cohesion and promotes mutual growth between
employees and the Company. This effort aims to significantly increase employees' sense of achievement happiness and security.Case Organizing the calligraphy creation activity themed "Welcomethe Spring Festival Amidst the Charm of Calligraphy"
The Company's unions organized the calligraphy creation activity themed "Welcome the Spring Festival Amidst the Charm of Calligra-
phy" to celebrate the Spring Festival in a traditional manner. The couplets and "Fu" characters imbued with wishes for bidding farewell
Picture: "Summer Refreshment" high-temperature relief activity to the old year and ushering in the new enhance the festive atmosphere with abundant joy.Case Organizing the "Releasing Childhood Spirits and Engaging in JoyfulSummer Learning" parent-child educational program
The Company has organized a parent-child educational program themed "Releasing Childhood Spirits and Engaging in Joyful Summer
Learning". This innovative initiative offered employees a platform to enhance parent-child communication experience and embrace
nature allowing employees and their families to enjoy quality family time and feel the Company's warmth while experiencing the
wonders of technological innovation and nature.Picture: The calligraphy creation activity themed "Welcome the Spring Festival Amidst the Charm of Calligraphy"
Picture: The "Releasing Childhood Spirits and Engaging in Joyful Summer Learning" parent-child Case Promoting collective growth amidst fun activities
Case Festival care In November 2024 Xiamen Port's labor union organized the "Container Cup" sports featuring the participation of 11 local and 3 non-local
subsidiaries. The event included individual competitions such as sprinting pull-ups and sit-ups. Team events featured relays five-a-side
football shooting and group jump rope. There were also fun activities like the "Hot Wheels" and "Drum Marbles".Huajin Terminal provides benefits to all employees during holidays and festivals fostering a closer connection between the company
and its staff. This approach enhances employees' sense of belonging and effectively aligns their well-being with the company's
growth.Picture: Employees at Huajin Terminal receiving festival gifts
59602024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Leading growth through
innovation and excelling in
services for a brighter future
Driving the innovation engine 63
Refined service quality and efficiency 66
Enhancing supply chain management 72
61622024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Case Construction of the Liu Yuanhe Employee Technical Innovation Studio at Hailong Terminal
Driving the innovation engine
The "Liu Yuanhe Employee Technical Innovation Studio" at Hailong
Terminal is committed to tackling technical challenges and driving
innovation in cost reduction energy conservation emissions
reduction technological upgrades technological advancements and
Innovation system safety production. In August 2024 the maintenance team led by Liu Yuanhe was awarded the title of "May 1 Pioneer" by the Xiamen
Municipality.In accordance with national and industry standards Xiamen Port actively engages in innovation and research and development (R&D) efforts. The Compa- In terms of competitions in August we participated in the 2024 Main
ny is committed to promoting technological innovation and energy-efficient upgrades in its equipment and information management systems. It also Industry Vocational Skills (Shiyan) League for China Technical Associa-
emphasizes the adoption of new technologies processes and materials to accelerate the transformation of scientific achievements. tion Cities and the Skilled Workers and Craftsmen Conference earning
a team third prize and an individual excellence award.With a focus on standardized management the Company has established an effective R&D and innovation management framework that ensures the
stability and growth of its talent pool. This framework guides researchers in implementing technological innovations and facilitates the swift logical and The Company has also made remarkable achievements in terms of
systematic implementation of R&D projects. technical improvements such as the modification of eight grain grab
buckets at Hailong Terminal to prevent spillage the upgrade of the
gantry crane lighting system and the electrical overhaul of a C-2503
forklift. Additionally it has also made some process improvements Picture: Gantry crane operational
such as the design and production of extended sleeves for 25T forklift
Case Xiamen Ocean Shipping Tally was recognized as a "Technologically
competition by Hailong Terminal
tines storage racks for gantry crane hooks and calibration weights
Advanced Service Enterprise" for loaders.Case Unveiling ceremony of the "Deng Kaihui Captain Innovation Studio" held by Xiamen Port Shipping
On November 29 Xiamen Port Shipping established the "Captain
Deng Kaihui Innovation Studio". Through the establishment of
this innovation studio the initiative aims to inspire employees
In December 2024 Xiamen Ocean Shipping Tally with a spirit of craftsmanship fostering collective wisdom and
has successfully passed the joint evaluation by encouraging bold innovation acting as a powerful catalyst for
Xiamen Municipal Science and Technology Bureau the Company and shipping industry's high-quality development
Xiamen Municipal Finance Bureau State Adminis- and innovative advancement.tration of Taxation Xiamen Municipal Taxation
Bureau Xiamen Municipal Commerce Bureau
Xiamen Municipal Development and Reform
Commission and has been recognized as a
"Technologically Advanced Service Enterprise" in
Xiamen. Picture: Unveiling of the "Deng Kaihui Innovation Studio"
Technological innovation achievements
Driven by innovation reform breakthroughs and digital transformation Xiamen Port is committed to developing new quality productivity to
support the creation of a modern port with "first-class facilities technology management and services".Case Shihushan Terminal’s two provincial-level technology projects passed acceptance
R&D platform
In 2024 Shihushan Terminal successfully led the completion of two technological projects: "The Fully Hydraulic Intelligent Spiral Silo
With a focus on key areas Xiamen Port has established a comprehensive innovation platform that is multi-layered and multifaceted fostering Cleaning Machine and Key Technologies for Port Granaries" and "Automation Upgrade of Bulk Cargo Port Cranes". Both projects
both internal and external collaboration while promoting openness and shared resources. The Company is dedicated to driving the transforma- passed the expert evaluation and acceptance by the Fujian Provincial Department of Transportation. This achievement highlights the company’s strides in technological innovation and underscores its enhanced capabilities in technology application.tion of innovative achievements through collaboration with a variety of universities and research institutions.
63642024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Case Research and Demonstration Project on Key Technologies for CoastalGreen Intelligent Tugs by Xiamen Port Shipping Case Remarkable achivements through minor technological upgrades
Xiamen Port Shipping has applied for the Fujian Provincial Department of Transportation's Science and Technology Development Plan with a Shihushan Terminal conducted a thorough evaluation and retrofitted an excavator with an auxiliary tank. This
project on the key technologies and demonstration research of a new generation of coastal green intelligent tugs. Since the "Xiamen Port Tug operationalsuccessfully expanded the diesel capacity by 300 liters demonstrating a major gain in cost-effectiveness and endurance
30" was officially put into production the company has formulated and issued the "Interim Measures for Incentives and Penalties for Energy efficiency from a "minor technical upgrade". After the successful installation of the auxiliary tank the excavator's hold is extended by
Saving and Charging Operations of Electric Vessels" leveraging the vessel's energy-saving low-carbon and zero-emission attributes when operational endurance hold is extended by 25 hours. This not only saves the cost of employing two auxiliary
operating on a pure electric mode. Multiple strategies have been implemented to strengthen the safety management of new energy-powered refueling workers but also reduces costs and improves efficiency in frontline production while enhancing 25hours
vessels ensuring the "Xiamen Port Tug 30" operates safely and efficiently. According to calculations the energy consumption per voyage operational safety.decreased by approximately 0.090 tons of standard coal equivalent compared to conventional tugs with comprehensive energy consumption
reduced by about 47%. The carbon emissions per voyage were cut by 0.30 tons and the per voyage carbon reduction rate reached 70%. In 2024
"Xiamen Port Tug 30" conducted a total of 2505 operations consuming 112.14 tons of fuel. This resulted in energy savings equivalent to 210.42
tons of standard coal and a reduction of 701.4 tons in carbon emissions demonstrating significant energy-saving and emission-reducing effects. Top coverage
protection area
of no less than 1/3
After modification
The energy consumption Comprehensive energy The carbon emissions The per voyage
Conventional tug Side coverageper voyage decreased consumption reduced per voyage reduced carbon reduction rate protection
by approximately area of no less
than 1/2 Battery box
equipped with
Standard tug 0.090 47 0.30 70 Diesel auxiliary tanktons of % tons % machine stepboards
standard coal
2024
Total work Total fuel Save energy Carbon emission
consumption reduction
2505voyage 112.14tons 210.42tons of 701.4tons
standard coal Intellectual property protection
In strict compliance with relevant laws and regulations such as the "Trademark Law of the People's Republic of China" "Patent Law of the People's
Xiamen OST Health Quarantine was approved for a research project Republic of China" and the "Civil Code of the People's Republic of China" Xiamen Port places a strong emphasis on intellectual property protection by Case by the General Administration of Customs educating employees about trademark copyright and patent laws to enhance their awareness and compliance regarding intellectual property rights.The Company and its subsidiaries have engaged in specialized trainings on technology R&D subsidy policies and other related technical training initiatives
In November 2024 the collaborative research project encouraging enterprises to actively leverage the benefits of technology innovation policies stimulates R&D and innovation activities and accelerates the
between Xiamen OST Health Quarantine and Quanzhou pace of high-quality development. To meet business demands Xiamen Port is actively promoting technological innovation. In 2024 the Company acquired
Customs titled "Innovative Rapid Pest Control Technology for 15 new software copyrights including the Container Transport Agreement Intelligent Management System V1.0 the Digital ERP Data Interaction Platform
Sealed Container Environments at Ports" (2024 - 2025) was for Xiamen Port Logistics Comprehensive Bonded Zone V1.0 and the Automobile Ship Tally System V1.0.approved as part of the General Administration of Customs'
The Company has established and implemented an information project management system adopting a zero-tolerance policy for the use of pirated
2024 research initiatives. The project is currently in the phase
software. In 2024 it procured a total of 796 legitimate licenses for operating systems office and antivirus software continually strengthening its achieve-
of validating pest control equipment with the assembly and ments in software legalization.testing of key components completed. Progress has also been
made in the screening and preliminary testing of pesticides
the successful development of a compound insecticide
capable of effectively eliminating mosquitoes flies
cockroaches and grain beetles. Initial efficacy tests show Picture: Field test of the innovative rapid The Container Transport The Digital ERP Data Interaction
pest control technology for sealed container Agreement Intelligent Platform for Xiamen Port Logistics The Automobile Ship ...promising results. environments by Xiamen OST Health Quarantine Management System V1.0 Comprehensive Bonded Zone V1.0 Tally System V1.0
Refined service quality and efficiency
Quality management system
Xiamen Port consistently views the quality management system as the core to its development. It continually optimizes management processes and
strengthens the enforcement of standards ensuring excellence in both service and operations. Relying on the quality management system it is also
dedicated to continuous innovation and upgrades providing driving force for sustainable growth. In the face of fierce market competition the Company
has earned customer trust and built a strong reputation through high-quality service and management.
69567602024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Xiamen Port's subsidiary companies Xiamen Port Transport Xiamen Ocean Shipping Tally Xiamen Ocean Shipping Agency and Haihong Terminal have Service capability enhancement
successfully obtained ISO certification in quality management environmental management occupational health and safety management and energy
management systems.Jinshang operation area Quanzhou Bay port area
ISO9001 ISO14001 ISO45001 ISO50001
Quality Management Environmental Occupational Health and Energy Management
System Management System Safety Management System System
In January the Huajin Terminal at the Quanzhou Bay Port Area has officially passed state-level inspection for expanded foreign access. The
Haihong Terminal terminal features 880 meters of coastline and four berths capable of accommodating vessels of 5000 tons 15000 tons 20000 tons (also
occasionally 35000 tons) and 35000 tons. It boasts a hinterland of approximately 300000 square meters with shipping routes covering major
domestic ports and Southeast Asia focusing on container and bulk operations.Xiamen Ocean Shipping Agency
Xiamen OST Health Quarantine
Xiamen Ocean Shipping Tally Gulei operation area Gulei Bay Port area in Xiamen Port
Hailong Terminal
In August the first phase of the North #1 and #2 Berth Project at the Gulei terminal in Xiamen Harbor was completed and successfully passed
final inspection. This project was invested in and developed by Gulei Port. It is a key provincial project having been selected by the Ministry of
Xiamen Port Transport Transport for inclusion in its Century-Long Safe and Quality Projects Demonstration List.Xiamen Port Shipping
Service innovation achievements
Case Xiamen Ocean Shipping Agency was awarded the national "5A-Level Logistics Enterprise" again
Adhering to a customer-oriented approach Xiamen Port consistently embraces its responsibilities fosters innovation and continually develops new
In August 2024 Xiamen Ocean Shipping Agency was awarded the national "5A-Level Logistics Enterprise" during the "38th Logistics Enterprises service models to provide a superior customer service experience.Awarding and Supply Chain Innovation Development Conference". Xiamen Ocean Shipping Agency first applied to be the "National 5A-Level
Logistics Enterprises" in 2017 and was promptly approved becoming the first comprehensive logistics enterprise in Haicang District to achieve
this level of certification. It has successfully retained this title after re-evaluations in 2021 and 2024. "Cross-border One Lock" customs clearance model
It is an efficient cross-border transfer supervision model seamlessly integrating the General Administration of Customs' "Highway Cross-border
Rapid Clearance" reform with Hong Kong Customs' "Facilitation Scheme for Intermodal Transshipment Cargo". In December 2024 leveraging
enforcement assistance and information sharing together with technologies like satellite positioning internet and direct-link checkpoints Xiamen
Bonded Logistics implemented a unified secure smart lock and global positioning system devices. This has facilitated rapid customs clearance for
cross-border goods between Hong Kong and mainland China reducing redundant inspections for the same batch of goods in Xiamen and
Shenzhen offering businesses a more convenient and efficient customs clearance service. In 2024 the value of goods cleared in this mode is
about RMB 8.5 million.Futures Trading
In November the Guangzhou Futures Exchange released the "Announcement on Adjusting the Designated Delivery Warehouses for Industrial
Picture: Xiamen Ocean Shipping Agency was Silicon Futures" (Guangzhou Futures Exchange [2024] No. 307). Xiamen Port Trading successfully obtained approval as a designated delivery
awarded the "5A-Level Logistics Enterprise" warehouse for industrial silicon futures marking a significant milestone for the company in the futures trading sector.Case Xiamen OST Health Quarantine was certified as an "AusTreat Processing Service Provider"
Case Streamlining intra-area transfers to enhance customs clearance efficiency
In November 2024 Xiamen OST Health Quarantine was officially In August over 6500 bottles of Kinmen Kaoliang Liquor were processed through customs at the Xiangyu CBZ without leaving the warehouse or
certified by the Australian Department of Agriculture Fisheries and passing through bonded zone checkpoints. This enabled a seamless transition from "bonded" to "non-bonded" status with just one click. This
Forestry as an "AusTreat Processing Service Provider" becoming event marks the official launch of the province's first "in-zone direct transfer" service for classified goods. By replacing the physical movement of
one of the few entities nationwide with this qualification which goods with data processing the "in-zone direct transfer" significantly reduces the time and costs associated with transitioning goods between
marks a significant progress in import and export quarantine "bonded" and "non-bonded" statuses as well as bypassing the usual expenses related to checkpoint processing loading unloading and external
treatment and pest control technology. storage. This innovation enhances customs clearance and improves circulation efficiency making it easier for businesses to connect with both
domestic and international markets.
67682024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Quality culture
Customer satisfaction survey
Xiamen Port consistently views quality culture as the cornerstone of its development. The Company continuously enhances the quality awareness and Xiamen Ocean Shipping
professional skills of its entire workforce through a variety of multi-tiered training and exchange programs. Tally's customer satisfaction
In 2024 the Company's logistics subsidiaries including Xiamen Ocean Shipping Agency Xiamen Port approaching
Additionally the Company hosts regular special seminars where industry experts are invited to discuss cutting-edge policies and industry planning offering Logistics and Xiamen Ocean Shipping Tally conducted a customer satisfaction survey based on their
strategic insights to support informed decision-making. It also conducts tailored training sessions to meet business needs combining theoretical 2023 services. According to the statistics Xiamen Ocean Shipping Agency has maintained a 100%
knowledge with practical application to improve employees' technical skills and operational expertise. This fosters a culture of total involvement and complaint-free record for two consecutive years with a high customer satisfaction particularly in its
ongoing enhancement in quality establishing a solid foundation for the Company's high-quality growth. ship agency segment which has been widely acknowledged by ship owners. With excellent service The customer satisfaction rates
and upgrades in both software and hardware of its intelligent tally system Xiamen Ocean Shipping for the warehousing and
Tally continues to earn customer recognition and praise with customer satisfaction approaching international freight forwarding
100%. The customer satisfaction rates for the warehousing and international freight forwarding services of Xiamen Port
services of Xiamen Port Logistics have exceeded 95% for two consecutive years while satisfaction Logistics have exceeded 95%
with its empty container services rose by 3.15% compared to 2022. The Company has earned for two consecutive years
Case Organized "Quality Month" activities recognition and appreciation from customers and the industry.The Company and its subsidiary entities actively participated in Case Xiamen Ocean Shipping Agency was awarded the title of "User-Satisfied
the 47th National "Quality Month" initiative centering on the Shipping Agency" in the 21st "Golden Wheel Cup"
theme of "Strengthening Quality Support and Building a Quality
Powerhouse". Through diverse initiatives such as awareness
campaigns and quality training we have seamlessly integrated
quality culture with specific quality efforts continuously
fostering an environment where all employees prioritize and Xiamen Ocean Shipping Agency
engage in quality management. distinguished itself at the second
International Port Shipping and Logistics
& Multimodal Transport Expo (Shanghai)
Picture: Promotion of Quality Month by Chaozhou Terminal by winning the "User-Satisfied Shipping
Agency" title in the "21st 'Golden Wheel
Case Cup' China Freight Service Quality Specialized training for precise targeting Survey".On October 30 Xiamen Ocean Shipping Agency organized a
specialized training for cruise operations. The training
employed a "menu-style" course selection approach for
targeted learning aligning with business needs by focusing on
specific business modules. helping participants gain a compre- Picture: The user-satisfied shipping agency in the 21st "Golden Wheel Cup"
hensive and clear understanding of cruise service operations.The training laid a solid foundation for the successful handling
of the upcoming cruise "peak season".Case Xiamen Ocean Shipping Tally received a banner for excellence in pest control
Picture: Specialized training for cruise operations
by Xiamen Ocean Shipping Agency
In September 2024 due to excellence in a new pest control service for empty warehouses at Zhangzhou grain storage facilities Xiamen OST
Health Quarantine received a banner from the client. This successful operation strengthened the Company's reputation in the grain storage
Improving customer satisfaction sanitation .Xiamen Port is committed to the "customer first" principle viewing the improvement of service quality as essential to building the
Company's core competitiveness. It consistently focuses on enhancing customer satisfaction by offering comprehensive personalized
efficient and high-quality services from the customer's perspective having earned industry recognition and customer praise.Case Refined service capabilities to fulfill customer needs
In May 2024 Xiamen OSA shipping Development Co. LTD successfully provided food supplies for the research vessel "Xiang Yang Hong 03" at
Male Island Port Maldives. This marks the company's first overseas science expedition vessel food supply service since 2020. As the only
state-owned enterprise in Xiamen with accreditation from the International Ship Suppliers Association (ISSA) Xiamen OSA shipping Develop-
ment Co. LTD upon receiving a request from the Third Institute of Oceanography of the Ministry of Natural Resources swiftly identified and
collaborated with top local suppliers in the Maldives by virtue of ISSA platform so as to fully meet customer needs.Picture: Xiamen Ocean Shipping Tally received a banner Picture:Xiamen Ocean Shipping Tally's pest control operations
69702024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Enhancing supply chain management
Case Xiamen OST Health Quarantine was awarded the title of "2023 Outstanding
Pest Control Service Provider"
In April 2024 Xiamen OST Health Quarantine a board member of the China Pest Control Association was invited to attend the "6th Members'
Assembly and 2024 National Pest Control Conference" organized by the China Pest Control Association. At the event they were honored with Supply chain management
the title "2023 Outstanding Pest Control Service Provider".Xiamen Port strictly adheres to the "Tendering and Bidding Law of the People's Republic of China" and the "Regulations for the Implementa-
tion of the Tendering and Bidding Law of the People's Republic of China" and the Company's"Contract Management Guidelines" the contact
department shall conduct due diligence on the creditworthiness of the contracting party and clarify the review content which includes but is
not limited to the contracting party's legal status capacity to act business scope qualifications credit status and proof of relevant capability
to fulfill contractual obligations.Supplier admission
The Company adheres to a standardized set of criteria for supplier admission and continuously improves daily supplier management so as to
ensure the onboarding of qualified suppliers. By the end of 2024 a total of 2750 suppliers have registered and been approved on our procure-
ment platform with 203 suppliers who have obtained ISO 9000 certification 168 suppliers with ISO 14000 certification 167 suppliers with ISO
45001 certification and 495 suppliers who have signed the 'Integrity Agreement'. The annual procurement volume through the platform totals
RMB 85.9 million with a total of 2355 orders of which public bidding accounting for 99.15%.Picture: Xiamen OST Health Quarantine was awarded the title of "2023 Outstanding Pest Control Service Provider"
Data security Total number The annual procurement Number of total Number of publicof suppliers volume through the platform totals orders bidding orders
In strict compliance with the "Data Security Law of the People's Republic of China" "Personal Information Protection Law of the People's 2750 RMB85.9million 2355 99.15%
Republic of China" and the "Cybersecurity Law of the People's Republic of China" Xiamen Port has established an "Information Technology
Management System" and formed an Informatization and Network & Information Security Leadership Group to guide and organize the Compa-
ny's information management and data and network security efforts. In 2024 no incidents of data breaches or customer privacy leaks were
recorded.Supplier assessment
The Company has developed a "Compensation and Performance Assessment Management Method for
Heads of Subsidiaries" which outlines management evaluation criteria for its subsidiaries. Regarding
Assessment of data The Company conducts regular assessment on suppliers from multiple dimensions such as the quality environmental compliance occupational information management the Company conducts both annual assessments and incident-specific health and safety certification systems and ethical conduct. Suppliers that do not pass evaluation will have their partnerships terminated and
security management evaluations for network security encouraging subsidiaries to implement relevant cybersecurity measures. those who are severely unqualified will be blacklisted.The results of these assessments are directly tied to the annual performance evaluations of the manage-
ment team.Supplier training
The Company has established an Informatization and Network & Information Security Leadership Group
with the Chairman as the leader and the General Manager as the first deputy leader. The group is responsi- Xiamen Port is committed to developing an outstanding supply chain ecosystem prioritizing supplier training as a strategic component to
Data security ble for guiding and organizing the Company's informatization initiatives ensuring the implementation of enhance overall competitiveness. Through well-designed empowerment programs the Company not only shares cutting-edge industry
management structure guidelines policies and plans from national provincial and municipal authorities. Additionally it manages
overall network security drives innovation in information technology applications and coordinates the knowledge and best practices with suppliers but also focuses on strengthening their ESG management capabilities to achieve sustainable
management of information assets. development goals.By establishing dedicated communication channels the Company encourages knowledge sharing and experience exchange among suppliers
helping them understand their role in the pursuit of sustainability and how to meet the Company's high standards through proactive manage-
ment strategies.The Company actively engages in cybersecurity offense and defense exercises organized by regulatory
Cybersecurity offense authorities. It routinely conducts self-assessments of cybersecurity risks and organizes on-call cybersecurity
and defense exercises personnel during holidays to prevent and mitigate business interruptions and losses in production
Equal treatment for small and medium-sized enterprises
operations and management as well as risks of social impact caused by cybersecurity incidents.Xiamen Port consistently upholds the principles of equality and fairness in its commercial collaborations with a strong focus on partnering with
small and medium-sized enterprises (SMEs). Committed to timely and full payments the Company ensures there are no overdue funds owed
to SMEs effectively supporting the stability of their cash flow. This dedication allows SMEs to concentrate on their business growth and fosters
the development of long-term stable and mutually beneficial partnerships.
71722024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Living up to the mission of the
Era and committing to public
welfare for development
Actively contributing to society 75
Responding to national strategies 77
73742024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Actively contributing to society Case Xiamen Ocean Shipping Agency was honored with the title of
"Model Site for Lei Feng Activities" in Xiamen
The Youth League Committee of Xiamen Ocean Shipping Agency upholds the
Pay taxes according to law volunteer service spirit of "dedication friendship mutual assistance and progress".They have launched the "Aimonxin" volunteer service brand becoming a fresh
emblem of the "Caring Xiamen" initiative. The name "Love & Care" is a homophone in
In strict compliance with relevant laws and regulations such as the "Law of the People's Republic of China on the Administration of Tax the Minnan dialect symbolizing that compassion is like a budding seed that needs to
Collection" "Interim Regulation of the People's Republic of China on Value Added Tax" "Law of the People's Republic of China on Enterprise be continuously nurtured by all of us to enrich the spirit of "Caring Xiamen." In March
Income Tax" and the "Individual Income Tax Law of the People's Republic of China" Xiamen Port proactively aligns with tax policies diligently 2024 the Communist Youth League Committee of Xiamen Ocean Shipping Agency
fulfills its tax obligations discloses tax information according to law and ensures timely filing and payment of taxes. was awarded the title of "Xiamen Lei Feng Activity Demonstration Site" highlighting
the Company's pioneering role in youth volunteer services.Picture: Xiamen Ocean Shipping Agency
was awarded the title
of "Xiamen Lei Feng Activity Demonstration Site"
Social contribution degree
Case Developing distinct volunteer services through team building at Xiamen Port Shipping
In 2024 the Company has made a total social contribution of RMB 1600.95 million including a net profit of RMB 246.06 million employee
compensation of RMB 1029.89 million taxes (include corporate income tax) paid amounting to RMB 219.01 million donation expenditures of The company follows the principle of "Party-building drives team-building and
RMB 0.65 million and interest payments to banks and other creditors totaling RMB 105.34 million strongly supporting local economic develop- team-building enhances Party-building" guiding its Youth League Committee to
ment. effectively serve as an assistant and reserve force for the Party and continuously
promote the development of the "Youth" brand. In September the "Xiamen Port
'Ship Vanguard' Maritime Emergency Rescue Volunteer Service Project" initiated by
Xiamen Port Shipping's General Branch won the Bronze Award at the first National
Public service Youth Volunteer Service Competition in the Water Transport Industry.Picture: The result document for the First National
Youth Volunteer Service Project Competition
in the Water Transport Industry
Xiamen Port is committed to fulfilling its social responsibilities and has continuously promoted volunteer service brand creation and public by Xiamen Port Shipping's General Branch
welfare charity projects including "Innocence Dream Building" "Maritime Emergency Rescue". It actively promotes the spirit of "dedication
friendship mutual assistance and mutual progress" striving to contribute to society with all its might. In 2024 the Company engaged in
volunteer and charitable activities 110 times with a total of 1131 participants. Case The Themed Group Day event by Hailong Terminal
On May 30th Hailong Terminal visited the Xiamen Port Kindergarten to jointly organize a themed group day event titled "Building an Innocent
Dream and Reuniting on Children's Day". During the event young representatives from Hailong Terminal's Youth League Branch donated
picture books to the Kindergarten and accompanied the children in reading the books demonstrating the commitment of state-owned
enterprises and contributing to social welfare initiatives through concrete actions.Voluntary blood donation： Emergency rescue:
We have been continuously establishing blood donation Serving as a vital force in maritime emergency response
centers for more than twenty years collecting over 340000 Xiamen Port Shipping have successfully conducted multiple
milliliters of "life-saving blood". firefighting and medical rescue operations at sea for Xiamen
Port and other locations. Since 2024 the company have
Community service： assisted in the rescue of 31 distressed large vessels deploying
tugboats 55 times with a cumulative rescue duration of 219.1
We take our social responsibilities as a state-owned enterprise hours thereby making a unique contribution to the safety of
seriously by promoting the spirit of Lei Feng in various ways. Xiamen Port and other stationed ports.Our services extend to all aspects of community life including
caring for the elderly and the children maintaining a clean
environment and enhancing legal awareness. We have built
strong connections with community residents and earned Picture:Hailong Terminal donating cartoon books to Xiamen Port Kindergarten
widespread praise.Rural revitalization
Educational support:
For over a decade we have been embracing roles such as "psychologi- Xiamen Port consistently upholds its role as a state-owned enterprise by focusing on rural revitalization and fulfilling social responsibilities. This
cal counselor" "logistical supporter" and "learning companion". has resulted in a sustainable development model that equally values both economic and social impacts.Transitioning from broad assistance to targeted educational support
we offer financial aid and provide learning and emotional support to Support through consumption
help underprivileged students grow.The company emphasizes support initiatives by regularly implementing programs like "buying instead of donating" and "purchasing to assist."
In 2024 it procured specialty agricultural products from regions like Ningxia Province and Yunxiao County as holiday benefits for employees
with total purchases nearing RMB 3.05 million.
75762024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Responding to national strategies
Case Optimizing network layout for expanding channels
Belt and Road Initiative
(1) Ningbo Office of Xiamen OSA International Freight: The Office was
Leveraging Xiamen’s strategic position as a core area of the 21st Century Maritime Silk Road the Company actively responses to the national officially established in October. It is currently focused on import
"Belt and Road" initiative. Xiamen Port is continuously expanding its domestic and international markets and enhancing its supply chain customs clearance and distribution services aiming to provide
business development strategy. The Company is committed to the principles of "consultation collaboration and shared benefits." By using the customers with comprehensive integrated logistics and supply chain
port as a strategic hub and its bulk commodity supply chain business as a key link it enhances market responsiveness and service quality. solutions. These services encompass sea freight forwarding
Together with partner countries along the route it aims to establish a mutually beneficial new global trade ecosystem providing customers warehousing and distribution container transportation customs
declaration and inspection non-vessel operating common carrier
with more efficient and convenient supply chain solutions thereby contributing to regional economic growth and the development of the "Belt
services and project logistics.and Road".Picture: Ningbo Office of Xiamen
OSA International Freight
Sea-Rail Intermodal Transport
With Xiamen Port as a hub the Company is vigorously expanding sea-rail intermodal transport to advance the (2) Hongdong Office of Xiamen OSA International Freight: The Office
development of a new Southeast land-sea logistics corridor supporting a dual-cycle development pattern that Year-on-year was officially established in December marking a crucial step in the
integrates domestic and international markets. In 2024 a new dedicated sea-rail intermodal train route will be increase Company's business expansion in the Northwest region. It is currently
launched from Chengdu to Xiamen effectively creating a two-way transport corridor between the two cities. focused on coal supervision extended transportation and domestic
Throughout this process Xiamen Port is dedicated to enhancing service quality innovating development models 27% trade services.and aligning with national strategies. This strategy strengthens connections between international and domestic
markets and promotes dual cycles. In 2024 the company achieved a significant 27% year-on-year increase in
sea-rail intermodal business volume.Picture: Hongdong Office of Xiamen
OSA International Freight
Supply chain service
In 2024 the Company’s subsidiaries including Xiamen Port Trading Xiamen OSA International Freight and Xiamen Port Logistics collaborated
with each other to integrate their trade and logistics resources. They actively push forward the "going out" strategy focusing deeply on inland
areas and expanding the trade and logistics supply chain business domestically and internationally. Xiamen Port Trading has established a
diverse international client base across Asia Europe Africa and the Americas cooperating with well-known coal trade enterprises in Australia
and Indonesia for coal business importing starch from Southeast Asian countries such as Thailand and Vietnam importing pulp from mills in Cross-strait integration
South American countries like Brazil and Chile and engaging in mineral business with mining companies in African nations such as South Africa
and Egypt.Xiamen Port is committed to promoting commerce through logistics and facilitating cooperation through exchanges. It actively explores and
integrates into the development of the cross-strait integration pilot demonstration area.Case Huajin Terminal launches its first direct international trade route Case
In August with the successful docking of the vessel "Mega 1" Huajin Terminal officially inaugurated its first direct international trade route to In terms of logistical corridor development Xiamen Port has effectively integrated resources like "terminals + depots + shipping routes" to
Manila of Philippines. As the first direct foreign trade shipping route of Huajin Terminal this marks a crucial step in providing high-quality services significantly expand cross-border e-commerce business with Taiwan. In 2024 the company's cross-border e-commerce supervision center
and strengthening economic and trade ties with the Southeast Asian region. completed 26.8973 million bills of cross-border e-commerce an increase of 103.91%.Case Successful Maiden Voyage of the CPX5 Philippine Route Case
In September the ship "HFDS" carrying galvanized steel strips and other goods docked at Huajin Terminal marking the successful maiden
voyage of SITC Container Lines' Philippines Line CPX5. The route to Manila North Harbor takes merely two days providing customers with a Xiamen Ocean Shipping Agency champions the "Ship Watcher" brand by efficiently managing vessel agency services for the Xiamen-Kinmen
superior and more efficient logistics channel further promoting the prosperity and development of the regional economy. "Mini Link" route. This effort contributes to the creation of the "Xiamen-Kinmen Half-Hour Living Circle" .In 2024 ships agent of the Company
transported a total of 1.2534 million tourists on this route.
77782024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Case Haixiang Terminal launched its first "Xiang'an-Hualien" stone export business to Taiwan Development of the "Xiamen Port Logistics Service Cloud Platform" by Xiamen OSA International Freight
As the pilot execution platform for the "Single Document System" Xiamen OSA International Freight has independently developed a platform
In April Haixiang Terminal successfully initiated the export of stone to Hualien Taiwan. The exported stone primarily comes from domestic mines offering features such as online commissioning comprehensive oversight real-time tracking cost inquiries and statistical analysis. This
in Guangdong Guangxi and the southern Fujian regions as well as market purchases. In collaboration with shipping companies for joint promotes the paperless electronic and standardized exchange of multimodal transport documents. In 2024 the platform processed 8865 bills
marketing Haixiang Terminal proactively addresses customers' specific needs and has developed an innovative business model: stones are for customer and added 12 new users. Currently 240 companies are actively using the platform.first imported via domestic trade vessels and then re-exported through foreign trade vessels.Construction of tugboat energy consumption online monitoring system by Xiamen Port Shipping
To improve energy efficiency and effectively control energy costs Xiamen Port Shipping adopted the "Tugboat Energy Consumption Online
Monitoring System" in 2015. As of 2019 all tugboats have been equipped with the system. The system is mainly designed to retrofit existing ship
equipment like oil tanks so as to collect and analyze energy consumption data thus providing a scientific basis for establishing and evaluating
fuel-saving strategies.Digital transformation
In accordance with the "Work Plan for Accelerating the Digital Transformation of State-owned Enterprises in Fujian Province" Xiamen Port
continues to make significant strides in digital transformation by clarifying strategic goals streamlining management processes and boosting
resource investment. Its subsidiary Xiamen Ocean Shipping Tally was officially recognized as a "Technologically Advanced Service Enterprise"
in Xiamen.Informatization and digital transformation
The Company priorities the enhancement of its digital transformation investing significant funds and human resources to establish a robust
suite of information systems. This provides crucial support for business management and operational needs across areas such as port terminals
logistics supply chains waterfront services and corporate management. The initiative has effectively enhanced business efficiency and service
quality serving as a guiding and supporting force in the Company's growth. Additionally with a demand-driven approach the Company continu-
ally enhances the functionality of its information systems optimizes platform resource integration and deepens data utilization collectively
advancing the digital transformation of the port services sector. In 2024 the Company invested a total of RMB 20.18 million in its information
technology projects achieving an investment completion rate of 118.23%.Construction of digital information system for bulk terminals
Based on varying system architectures and business types the main terminals mainly utilize the Bulk Terminal Operations System (BTOS)
ensuring seamless operations for the Company's breakbulk cargo business and fulfilling customer service requirements.
79802024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Adhering to green principles and
reducing carbon emissions for
ecological protection
Strengthen environmental management 83
Strictly controlling resource consumption 86
Reducing pollutant discharge 90
Response to climate change 92
81822024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Strengthen environmental management
Case Strictly implementing response to air quality emergency
Development of environmental system
In 2024 Shihushan Terminal is fully dedicated to overcoming the challenges of pollution prevention and protecting both development
In strict compliance with relevant laws and regulations such as the " Law of the People's Republic of China on Environmental Protection" "Law and ecological baselines. They strive to create a port area characterized by "green and low-carbon initiatives clear skies harmonious
of the People's Republic of China on the Assessment of Environmental Affects" and the "Regulations on Energy Conservation and Supervision human-water interaction and clean soil". For addressing mild pollution weather all response measures were strictly implemented within
30 minutes of the issuance of the response. A series of repsonse measures were strictly implemented to ensure effective responses clear
of Ecological Environment Protection" Xiamen Port is committed to continuously optimizing the working environment and strengthening the measures and prompt feedback. We carried out over 900 responses carried out throughout the year. It also made continuous efforts to
construction of management systems. The Company has formulated a set of documents such as the "Environmental Protection Management enhance the effectiveness of spraying and cleaning ensuring clean and moist road surfaces to suppress dust in the port area and
System" "Energy Conservation Management System" and the "Emergency Response Plan Management Measures" to standardize the its effectively improve air quality management.environmental protection management work requirements. In 2024 neither the Company nor its subsidiaries were involved in any illegal or
non-compliant activities in the environmental field.Building of organizational structure Biodiversity conservation
To ensure the effective operation of the environmental management system the Company has established a vertically integrated organizational
structure with clear responsibilities and defined requirements. Its subsidiary Xiamen Ocean Shipping Agency Haihong Terminal Xiamen OST Xiamen Port is committed to abiding by relevant policies and regulations such as the "Law of the People's Republic of China on Environmental
Health Quarantine and other companies have been certified for both the environmental management system and the Health Safety and Protection" "Law of the People's Republic of China on the Assessment of Environmental Affects" "Marine Environmental Protection Law"
Environment (HSE) management system. "Biosecurity Act" "Opinions on Further Strengthening Biodiversity Conservation" "China Biodiversity Conservation Strategy and Action Plan
(2023-2030)" and the "Convention on Biological Diversity". The Company proactively fulfills its responsibilities to protect the ecological
Table: Organizational structure and responsibilities of environmental management environment and biodiversity aiming to build a port community that fosters harmonious coexistence between people and nature.Organizational structure Responsibilities
The Company places significant emphasis on biodiversity conservation
Environmental protection
leading group Oversees and coordinates all environmental protection management activities
The Company's port and shipping subsidiaries have developed internal policies such as the "Emergency Plan for Marine Pollution Incidents by Ships" and
the "Oil Spill Emergency Plan" designed to support ecological protection and the sustainable use of natural resources. Various measures have been
employed to mitigate the adverse effects of port construction operations and other activities on communities and marine ecosystems
Neither the Company nor its subsidiaries have touched the ecological conservation redline
Safety and Environmental Carry out specific tasks related to environmental protection
Department Relevant subsidiaries have adhered strictly to regulations covering wastewater treatment compliant emissions of exhaust gases proper disposal of
hazardous and non-hazardous waste and waste sorting. They also organized regular emergency exercises related to environmental protection
measures such as managing hazardous chemicals and preventing oil spills ensuring that production activities do not exert an impact on the surrounding
environment and biodiversity.Implement initiatives related to energy conservation emission reduction
Environmental protection management of the "three wastes" (wastewater waste gas and waste
departments of units concerned residue) climate risk management carbon emission management and carry out
tasks related to environmental investment and technological advancements in Case Building a green and beautiful Chaozhou through tree planting
environmental protection.Chaozhou Port's union in collaboration with the Company's
Environmental emergency management Youth League Branch organized a volunteer activity themed
"Building a Green Future through Planting". Over 20 participants
including company leaders Party members Youth League
The Company has developed policies such as the "Emergency Incident Response Plan Management Measures" categorizing environmental members and employee representatives joined the event.ensur-
incidents into four levels based on their severity and urgency. All subsidiaries are required to proactively and promptly implement emergency ing "green" becomes the core of the port's development.response measures for relevant environmental incidents. When necessary they should liaise with external entities which may include requesting
external assistance coordinating with neighboring enterprises and reporting to higher authorities.Environmental risk control
Our key environmental protection risks include non-compliant emissions significant or larger sudden environmental incidents and illegal or
non-compliant practices in construction projects. To enhance environmental risk management efforts the Company guides production enterprises
in strengthening their identification and mitigation of environmental risks which includes compiling a risk list implementing an emergency exercise
plan and regularly conducting exercises for incidents such as chemical leaks oil spills and excessive wastewater and gas emissions. These
measures are designed to continually enhance the Company's capacity to manage environmental risks effectively.
83842024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Strictly controlling resource consumption
Green operation
Xiamen Port adheres diligently to the "Environmental Protection Law of the People's Republic of China" integrating environmental protection Energy management
principles into business operations and actively implementing green procurement green office practices and sustainable operations.Through resource conservation and ecological preservation it aims to achieve a harmonious balance of economic social and environmental
benefits for the company. In strict compliance with relevant laws and regulations such as the "Law of the People's Republic of China on Environmental Protection" and
according to the actual situation Xiamen Port has developed the "Environmental Protection Management System" and the "Energy Conserva-
tion Management System" to continuously optimize energy structure and strictly control energy consumption.Green procurement Target management
The Company has procured electric loaders electric dump trucks electric forklifts hybrid tugboats and other new energy equipment from new Based on the production and energy consumption of major energy units from the previous year the Company sets energy-saving targets for the
energy equipment manufacturers. It aims to reduce energy consumption and greenhouse gas emissions by optimizing and updating current year. In 2024 it issued the "Notification on the 2024 Energy-Saving Targets" specifying that the comparable comprehensive energy
equipment. In 2024the Company made great effort to promote the electrification and renewal of its equipment having deployed 8 electric consumption for bulk loading and unloading shall be under 2.7 tons of standard coal per 10000 tons of throughput. Other units shall maintain
forklifts 10 electric loaders and a converted "oil-to-electric" reach stacker while also beginning construction on 4 electric tugboats throughout lower energy consumption than in the previous year. The Company also set and issued energy-saving and emission-reduction targets for 2024
the year. in accordance with the "Energy Consumption Limit per Unit Product at Dry Bulk Terminals" and "Energy Consumption Limit per Unit Product at
Container Terminals". Each subsidiary was required to manage operations according to these standards ensuring indicators like energy
Number of electric Number of electric Number of converted Number of electric consumption intensity and greenhouse gas emission intensity remain within national limits. In 2024 the Company and all its subsidiaries have
forklifts used loaders used "oil-to-electric" reach stacker used tugboats under construction successfully achieved their annual energy management targets.
81014
Energy management system
The Company encourages its major energy-consuming subsidiaries to establish internal energy management systems. Key subsidiaries such as
Green office and operation Xiamen Port Shipping Shihushan Terminal Hailong Terminal and Xiamen Port Transport have developed relevant energy-saving management
systems including "Energy Management Policies" and "Energy Conservation Incentive and Penalty Regulations". They also implement energy
management projects to continuously enhance energy control and reduce energy consumption.The Company has issued the "Conservation Management Regulations" to all employees promoting the concepts of energy conservation and
green office practices. Initiatives include paperless operations and ensuring electrical equipment and water valves are turned off after work
hours. Additionally some subsidiaries have stopped purchasing fuel-powered vehicles for official use.Upgrading energy equipment
Green logistics The Company is committed to pursuing the transition from oil to electricity for mechanical equipment and the adoption of clean energy. It has
promoted projects like electric trailers and loaders the acquisition and construction of new energy tugboats and photovoltaic power generation
Advanced pickup appointment systems have been implemented in terminal facilities warehouses and storage areas to reduce the waiting in warehouse buildings to save energy and reduce emissions.time for trucks thereby lessening the environmental impact of logistics activities. It enhances the use of recyclable logistics pallets to improve
the efficiency of logistics resources and promotes the development of sea-rail intermodal transportation. The Company aims to build a green
intelligent and information-driven logistics supply chain improving overall process quality and efficiency while achieving low-carbon emission
reductions in the logistics industry. Use of clean energy
The Company is consistently advancing large-scale photovoltaic projects. Additionally Xiamen Port Logistics has established a 0.5 MW energy
Environmental activities storage station in the bonded zone enabling more efficient "peak load shifting" for electricity consumption. It has also invested and established
the Xiangyu Free Trade City smart charging station which currently features 30 charging piles handling an average of 300 vehicle charges per
day with each vehicle receiving about 40 kilowatt-hours of electricity. the largest "green electricity charging station" in the province. It saves
During the "National Energy Conservation Week & Low-Carbon Day" the Company organizes a series of energy-saving awareness 4.8 tons of standard coal and reduces carbon emissions by 12 tons daily.campaigns encouraging company-wide sharing discussion and implementation of successful projects such as the "Zero Carbon Compre-
hensive Protection Zone" "Conversion of Stackers from Oil to Electricity"" and the "Implementation of New Energy Hybrid Tugboats".
85862024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Case
In 2024 the Company primarily utilized diesel purchased electricity and gasoline as its main energy sources. Noticeable energy savings with electric tractors
14433.70 38219.18 106.38 In 2024 Xiamen Port Transport's fleet of 80 electric traction tons KWh tons equipment operated stably achieving an energy savings rate of
75.99%. By replacing diesel tractors with electric ones the
Total consumption of diesel Total consumption of purchased electricity Total consumption of gasoline company has saved 1609.58 tons of standard coal in energy
consumption and reduced carbon dioxide emissions by 4594.66
3.93 0.90 15.53 tons resulting in a reduction on energy costs by RMB 7.83 % % % million compared to diesel tractors.
A year-on-year reduction A year-on-year reduction A year-on-year reduction
In 2024 according to the "GB/T 2589-2020 General Principles for Calculating Comprehensive Energy Consumption" Picture：Pure electric tractor
25885tons ofstandard coal 97.56% Case Fujian Province launched its first front-loader converted
from oil into electricity for trial operation
Total fossil energy consumption Percentage of fossil energy accounted
of the total energy consumption
4.28% 1.63 To enhance efficiency and promote energy saving and emission percentage points reduction in April 2024 Fujian Province launched its first front-loader
converted from oil into electricity for trial operation. The conversion
A year-on-year reduction A year-on-year reduction includes the replacement of engine transmission and fuel tank with
a battery motor and electronic control system integrating photovol-
taic power to achieve zero emissions during front handling reduce
noise pollution and enhance driving comfort. This initiative is
For non-fossil energy the Company primarily relied on photovoltaic power. expected to save 46.75 tons of standard coal cut approximately
98.36 tons of carbon dioxide emissions and reduce energy consump-
tion costs by 60%.
5.2614million kWh 646.62tons of 2.44%
standard coal
Total consumption Total non-fossil Percentage of non-fossil energy Picture：The first front-loader converted
of photovoltaic electricity energy consumption accounted of the total energy consumption from oil into electricity in Fujian Province
193.44% 193.44 % 1.63percentage points
A year-on-year increase A year-on-year increase A year-on-year increase
Case Shihushan Terminal electric loaders
In 2024 the Company's total energy consumption reached 26531.62 tons of standard coal. In July 2024 Shihushan Terminal welcomed the delivery of 9 electric loaders. As of now Shihushan Terminal has purchased a total of 21 electric
loaders. Compared to fuel-powered loaders of the same tonnage these electric loaders can reduce carbon dioxide emissions by about 132 tons
per year significantly lowering the environmental impact during operations. Moreover with an estimated annual operation of 3000 hours per
unit it saves approximately RMB 250000 to 300000 in diesel costs annually.
731.84tons of 2.68% 0.0120tons of
standard coal standard coal/10000 RMB
The company's
total energy consumption
Total amount of energy reduction The energy consumptiona year-on-year decreased of 10000 yuan operating income
In 2024 the Company's major energy-consuming units (those with annual energy consumption exceeding 500 tons of standard coal)
consumed a total of 26057.58 tons of standard coal[2].
384.51tons of 0.12tons of 1.34%
standard coal standard coal/10000 RMB
The Company's major
Total amount of energy increase The energy consumption energy-consuming unitsof 10000 yuan operating income a year-on-year decrease
[2] The Company's major energy-consuming units (those with annual energy consumption exceeding 500 tons of standard coal)include Shihushan Terminal Hilong Terminal
Xiamen Port Logistics Xiamen Port Transport Xiamen Port Shipping Huajin Terminal and Xiamen Ocean Shipping Agency. Among them the energy consumption data outside the Picture: Shihushan Terminal electric loaders
port is added to the energy consumption of Xiamen Port Shipping. Relevant data in 2023 will be retroactively adjusted with the same caliber.
87882024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Water resource management Reducing pollutant discharge
In strict compliance with the requirements of relevant laws and regulations such as the "Law of the People's Republic of China on Environmen-
tal Protection" "Water Law of the People's Republic of China" "Law of the People's Republic of China on the Prevention and Control of Water
Pollution" and "Guidelines for Strengthening the Control of Resource and Ecological Redlines" Xiamen Port implements strict management of Wastewater management
water resource usage supply and demand and protection. This ensures the recycling of water resources thereby minimizing external water
extraction and discharge into the environment and reducing the impact on the region's water resources.Xiamen Port is committed to standardize the its wastewater management practices safeguard the ecological environment and combat pollution through
strict compliance with relevant national laws and regulations including the "Law of the People's Republic of China on Environmental Protection" "Law of
the People's Republic of China on the Prevention and Control of Water Pollution" "Law of the People's Republic of China on Noise Pollution Prevention and
The Company is committed to strengthening water conservation in both office and production environments Control" "Regulations on the Management of Key Environmental Supervision Units" "Regulations on the Legal Disclosure of Corporate Environmental
Information" and the "Emission Permit Management Regulations". As the end of 2024 the Company has achieved a 100% compliance rate with pollutant
For office water usage water-saving fixtures such as taps are employed. Shihushan Terminal and Hailong Terminal have established an intelligent water discharge standards including wastewater and noise emissions. The Company discharged a total of 116079.01 tons of wastewater for the year marking
meter monitoring system to use water resources to control dust emissions at key stages effectively enhancing the efficiency of water resource manage- a decrease of 15.11% compared to the previous year. The main terminals of Xiamen Port have been equipped with sewage recycling systems enabling
ment. Shihushan Terminal and Hailong Terminal have invested and established wastewater treatment and reclaimed water reuse systems in their key the reuse of treated water. Other subsidiaries primarily use water for office purposes with no discharge of harmful pollutants.terminals. Haihong Terminal is equipped with oil-water separators. The reclaimed water after treatment at Shihushan Terminal and Hailong Terminal was
recycled through water trucks and constant pressure systems for various purposes including wheel washers for departing ships daily spraying by water The Company is actively involved in maintaining upgrading and improving wastewater treatment facilities to ensure efficient reuse and compliant
trucks and mist cannons on-site vehicle cleaning and dust suppression on cargo piles. discharge. Each terminal subsidiary has strengthened the management of sea discharge outlets acquired pollution discharge permits as required and
successfully connected terminal networks to the municipal system. This ensures no wastewater overflows or enters the sea. All surface runoff domestic
and maintenance wastewater are collected and intercepted for treatment at wastewater facilities. Once treated to meet standards the water is either
reused or discharged into the municipal system.In the year 2024 the Company's total water usage was 1402178 tons.
1221055tons 181123tons 55.13tons Case Wastewater treatment and reuse of reclaimed water at Shishushan Terminal
Fresh water usage Recycled water usage Fresh water consumption per
million in revenue
Shihushan Terminal along with its six subsidiary port areas is
2.12 5.52 1.32 committed to developing into a water-efficient enterprise. It has % % % established eight sewage treatment plants and a comprehensive
A year-on-year reduction A year-on-year reduction A year-on-year increase reclaimed water reuse system to optimize water resource recycling.Rainwater runoff sewage is collected through pipelines into a
regulating pool where sewage is treated efficiently using chemical
dosing and sedimentation. The reclaimed water after treatment is
reused via water trucks and a constant-pressure reclaimed water
system. The recycled water is utilized for departing vehicles daily
spraying by water trucks and mist cannons on-site vehicle cleaning
Use of lightweight packaging materials and dust suppression on cargo piles. Sludge and coal ash are stored in the sludge pool.The constant-pressure reclaimed water system is expected to
transport 428 tons of reclaimed water per day and the annual water
Xiamen Port prioritizes the packaging materials that are non-toxic harmless easily degradable or easy to recycle. The packaging for cargo saving cost is expected to be about RMB 616700.transport is appropriately designed so that the materials structure and cost align with the quality specifications and cost of the contents.This can reduce packaging waste and avoid over-packaging.Recycling economy Case Strict control of sewage discharge and proper recovery and treatment
In strict adherence to the "Recycling Economy Promotion Law of the People's Republic of China" Xiamen Port has established an "Energy
Conservation Management System" and an "Environmental Protection Management System". It is deeply committed to sustainable develop- Xiamen Port Shipping:
ment and actively promotes the recycling economy. (1) All vessels are equipped with sewage treatment systems approved by maritime authorities and hold type approval certificates. Treated
sewage complies with discharge standards specified in Annex IV of the MARPOL 73/78 Convention the "Technical Rules for the Inspection of
Domestic Navigation Ships 2020" and the "Standards for the Control of Ship Water Pollutant Discharges" (GB3552-2018).Material recycling Reclamation of waste water (2) Each vessel has obtained a "Certificate for the Prevention of Pollution by Sewage from Ships" and undergoes timely inspections to ensure
the certificate’s validity.Xiamen Port Logistics has expanded the use of recyclable pallets The Company's key terminals have invested and established (3) Professional inspection and testing agencies are commissioned to sample and analyze the sewage treatment systems on all tugs in the port
while Xiamen Port Transport has intensified efforts to refurbish wastewater treatment and reclaimed water reuse systems and area according to the "Standards for the Discharge Control of Water Pollutants from Ships" and the "Sampling Methods for Engine Room Bilge
used tires. These initiatives have saved operating costs and the relevant subsidiaries have been equipped with oil separators. Water and Sewage from Ships". Results confirm that all discharges meet required regulations. Sewage is discharged after treatment or
reduced carbon emissions associated with the procurement Additionally quality inspection reports indicate that the water collected by certified recovery units.production and transportation of related materials. quality meets discharge standards.
(4) Enhanced management of oily sewage disposal is enforced strictly prohibiting direct discharge. All oily sewage from tugs is collected in
designated tanks and entrusted to registered third-party recovery units for treatment. The entire process (from generation to transfer) is closely
monitored to ensure safe handling of hazardous waste.
89902024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Waste gas management
In strict compliance with the "Air Pollution Prevention and Control Law of the People's Republic of China" Xiamen Port has established the In 2024 the Company disposed 661.75 tons of general industrial solid waste consisting of 365.62 tons of scrap iron
"Exhaust Gas Pollution Prevention Management Regulations" and the "Dust Pollution Prevention Management Regulations". In response to 269.79 tons of scrap steel wire rope and 5929 discarded tires.Xiamen City's Blue Sky Campaign the Company has employed various methods including mist cannons pile coverings vehicle washing road
sweeping and construction site barriers to control and reduce dust emissions during operations. The Company have successfully achieved its
management targets through these efforts.Shihushan Terminal has established windbreak and dust suppression nets around the port area and optimized its operational processes
ensuring "wet operations" and "full-time full coverage" of non-operational cargo piles and effectively minimizing dust pollution within the port
Hazardous waste disposal
area. Since 2019 a routine standardized and quarterly environmental air self-monitoring protocol have been implemented in Shihushan
Terminal. Additionally Xiamen Port Authority regularly entrusts the Provincial Transportation Environmental Monitoring Center to conduct
environmental assessments of the terminals. All monitoring data has consistently satisfied the "Xiamen City Air Pollutant Emission Standards" The main hazardous wastes generated by the Company's production activities include waste lubricating oil used oil barrels used oil filters
and the "Ambient Air Quality Standards" with pollutant concentrations at the plant boundaries remaining within environmental quality limits. waste lead-acid batteries waste mineral oil and oil sludge. The Company collects and stores hazardous waste like used oil and batteries by
classification. It maintains management records and adheres strictly to regulations by partnering with certified third-party vendors for waste
disposal. All transactions are logged online to ensure legal and compliant handling. The Company has established storage facilities for
hazardous waste categorizing and managing it through dedicated personnel. The ultimate disposal is entrusted to qualified third-party
agencies. During the outsourcing of hazardous waste disposal the Company enhances the on-site management and training of external
personnel to strengthen supervision over their operations ensuring that all external staff strictly follow the Company's hazardous waste
disposal procedures to prevent any leaks or secondary pollution. In 2024 the Company disposed 54.642 tons of hazardous waste (including
Waste management waste oil used filters and spent batteries) all of which was disposed of legally and in compliance with relevant regulations.In compliance with relevant laws and regulations such as the "Law on the Prevention and Control of Environmental Pollution by Solid Waste of
the People's Republic of China" and the "Pollution Control Standards for Storage of Hazardous Waste" Xiamen Port is committed to minimizing
waste generation reducing the adverse environmental and human impacts of hazardous waste storage and treatment and ensuring proper
disposal of waste byproducts like used tires discarded steel cables and decommissioned equipment. As the end of 2024 the Company has
achieved its management goals with a 100% compliance rate for hazardous waste disposal and 100% coverage in waste classification manage-
ment. Response to climate change
Reduction of solid waste
Climate governance
The Company is committed to three main objectives: reducing hazardous solid waste at its source maximizing resource utilization and ensuring
safe disposal. It manages waste through promoting awareness of policies and regulations enhancing system capabilitiesimplementing key Xiamen Port has been focusing on the impact of climate change on its business operations and industry development. The Company closely
projects developing information systems and conducting specialized supervision and inspections. aligns with the latest domestic and international developments fully considering the risks and opportunities related to sustainable develop-
ment such as climate change.Disposal of solid waste Governance level
The Company's production subsidiaries have allocated specific areas for solid waste storage managed by the production department. Waste is
periodically collected and disposed of in batches through an open bidding process handled by third-party entities with the required solid waste The Safety and Environmental Department is responsible for managing environmental concerns and overseeing climate change management
recycling qualifications. When outsourced units arrive for recycling the Company assigns technical staff for on-site supervision to enhance efforts. Its role is to enhance the Company's ability to address climate change risks and opportunities thereby supporting the achievement of the
regulatory oversight. Company's carbon peak goals.Management level
General waste disposal
The Safety and Environmental Department is tasked with developing relevant environmental policies formulating annual and medium and
The Company has enhanced on-site signage and implemented a system for sorting and collecting both long-term environmental plans overseeing the Company's environmental initiatives and coordinating these efforts among subsidiaries. The
recyclable solid waste and non-recyclable waste such as household and construction debris. Household Total amount of Company has established the "2024 Energy Conservation Targets for Major Energy-Consuming Enterprises" with specific annual goals and work
waste is collected at designated points and then promptly removed by sanitation services. General the disposal of general measures. It also focuses on developing an environmental management system and benchmarking improvement measures. Subsidiaries are industrial solid waste
industrial solid waste is properly sorted and stored temporarily and handed over to specialized processing required to set up their own risk management systems to implement the Company's strategies on climate and environmental change while strictly
units for recycling and disposal. managing carbon emissions and energy-saving targets. Additionally the Company has included energy conservation environmental protection and other low-carbon development indicators as obligatory goals within the annual performance evaluations for both senior management and
subsidiaries. These goals are tied to the annual performance bonuses.
91922024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Countermeasures to
Strategic response high temperature risk
Xiamen Port is actively implementing a green and clean development strategy prioritizing ecological sustainability green transformation and Beforehand During the event After the event
clean growth. It has promoted the cleansing of fossil fuels scaling up clean energy and reducing carbon in production processes steadfastly Develop and implement the Set up stations providing free herbal Assess the impact of high tempera-
following a path of green and low-carbon development. The Company has incorporated climate change response into its development "Regulations on Increasing Heat tea and mung bean soup to help tures on business operations and
strategy and operations accelerating efforts to build green and low-carbon competitiveness. It aims to become an industry benchmark for Allowances for Frontline Workers"; employees stay cool and prevent continuously improve contingency
green clean and low-carbon development while contributing to global climate change mitigation efforts. The Company has integrated green distribute monthly heat allowances heat-related issues; conduct plans and preventative measures
and low-carbon initiatives into its overall development strategy and overall planning. It has developed a "Green and Low-Carbon Development to employees working in high-tem- union-led "Summer Refreshment" for future heat-related risks.perature conditions to ensure their activities distributing supplies for
Plan (2024-2030)". health; establish operational heat prevention.guidelines for high-temperature
conditions detailing necessary
Strategic transformation protective measures and operation-
al requirements to mitigate risks.The Company has actively promoted the upgrade of new energy equipment significantly reducing petroleum energy consumption and carbon
emissions. Additionally the Company has made continuous efforts to build shore power facilities encouraging visiting ships to fully utilize these
services to provide shore power to docked vessels. the Company primarily engages in the bulk business which may affect the climate environ-
ment. To address climate change it has an advanced environmental management system in place along with a dedicated environmental
management department and personnel. It has established an assessment mechanism and invested significantly in environmental protection Countermeasures to flood risk
each year. The Company has implemented comprehensive measures for dust pollution control and has installed an air quality monitoring
system around the port area which is overseen by local environmental authorities. During the reporting period there were no instances of
environmental pollution indexes exceeding the permissible limits. Beforehand During the event After the event
Manage heavy rain conditions Implement measures to prevent Conduct thorough inspections to identify
typical of the flood season by yard flooding and ensure drainage and address potential hazards and
devising risk avoidance strategies facilities and equipment are ready speed up the resumption of production.Market opportunities and implementing prevention and to protect goods; move goods into
control measures; conduct regular warehouses or temporary storage
emergency exercises and maintain facilities or cover them for rain
The Company is committed to capitalize on transformation opportunities with its primary production subsidiaries actively advancing the shift a well-stocked supply of emergen- protection; reduce yard storage
from traditional energy equipment to new energy solutions consistently expanding the upgrade of new energy equipment across all stages of cy materials to ensure readiness levels halt vessel loading and
production and exploring green and low-carbon solutions. Xiamen Port Logistics have already achieved net-zero carbon emissions within the when risks occur; implement flood unloading operations and secure
Xiangyu CBZ. Hailong Terminal is also proactively advancing green port initiatives with a photovoltaic power station designed for a capacity of control exercises and prepare hatch covers.
7 megawatts. We are exploring net-zero emission solutions for individual terminals to boost the competitiveness of the Company's ports in necessary supplies in line with the
future markets. contingency plans.The company is committed to employing low-emission and renewable energy sources in its production processes. The Company and its
energy-consuming subsidiaries have implemented relevant management systems and set annual energy management targets. Meanwhile we
have made a concerted effort to replace traditional energy equipment with new energy alternatives such as electric trailers loaders dump
trucks tugboats stackers and forklifts. Additionally a pickup appointment system was used to reduce energy waste by minimizing external
vehicle queues and waiting times. Climate risk management
When developing its climate strategy the Company incorporates scenario analysis results to more effectively plan carbon reduction strategies.However the uncertainty of external scenario changes may significantly impact future assumptions. In the future the Company will continue
to review scenario assumptions to ensure they are sufficient to meet the challenges of multiple external scenarios. Xiamen Port is engaged in identifying assessing and managing climate change-related risks and opportunities to enhance its risk insight
capabilities and take timely responsive actions. The Company has developed frameworks such as the "Risk Management System" to identify
potential operational risks assess their impacts and priorities and manage them on a rolling basis. Collaboration with the Board's Strategic
Development and ESG Committee ensures a thorough identification assessment and management of climate change-related risks and
opportunities forming the foundation for prevention mitigation and recovery strategies as well as continuous monitoring auditing and
Countermeasures to typhoon risk simulation exercises.Beforehand During the event After the event
To optimize resource allocation and improve the efficiency of climate change risk management the Company has guided its
Develop relevant policies and Establish a typhoon prevention office Inspect and review any damage to
a series of emergency subsidiaries to integrate climate change risk management into the Company's overall risk management framework. This involves to manage risks; have vessels move facilities and equipment integrate all
response plans specifically into typhoon shelters to effectively resources and promote effective proactive evaluation of identified risks and the implementation of effective management strategies to ensure these risks remain
for typhoon weather; conduct avoid maritime risks; assign person- resumption of work and production to within manageable limits.regular emergency exercises nel on duty to monitor typhoon ensure the Company's production
to prevent confusion when a conditions throughout; promptly and operation.typhoon approaches. secure equipment facilities and
cargo to provide effective protection
against wind and water.
93942024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Indicators and targets Implementing entities Content Achievements in 2024 Scheduled for
and Programs Implementation in 2025
Xiamen Port is currently developing the "Green and Low-Carbon Development Plan (2024-2030)" establishing goals and strategies for energy
conservation and emission reduction. The Company and its energy-consuming subsidiaries have implemented relevant management systems Xiamen Port Between 2024 and 2025 four In August contracts were signed to Two 5000-horsepower
and set annual energy management targets. S h i p p i n g : fully electric port tugboats will purchase four new energy tugboats. tugboats will be delivered
Strongly promote be constructed. During the "15th and two 4400-horsepow-
new energy clean Five-Year Plan" period an addi- er tugboats will be
Table: The Company's climate change-related goals and achievements port tugboats tional two new energy clean launched.port tugboats will be built
Implementing entities Content Achievements in 2024 Scheduled for
and Programs Implementation in 2025
Carbon emissions management
Xiamen Ocean Shipping Installing a 115.92 kW distributed Completed on November 29. A total estimated annual
Agency:Construction of photovoltaic power generation The electricity generation for the year generation of 130000 kWh. Xiamen Port has made continuous effort to promote green port development through technological innovation equipment upgrades and
a distributed photovol- system on the rooftop of its 2024 is 10999.2 kWh The plan is to finalize the
taic power generation office building project acceptance work. process optimization continually reducing the energy consumption and resource usage of its products as well as decreasing greenhouse gas
facility emissions and emission intensity. The primary sources of greenhouse gas emissions from the Company's production activities are fuel combus-
tion and emissions from purchased electricity such as carbon dioxide methane and nitrogen oxides.The Company fully integrates the concept of carbon neutrality into the planning construction management and operation of the bonded area.Shihushan Terminal and Procured one 5G remote-controlled Plan to procure ten By leveraging intelligent management it strives for low-carbon development in logistics a transition to green energy and digital operation
Hailong Terminal plan to pure electric loader five 5-ton electric 5-ton/7-ton electric loaders upgrades. The objective is to transform Xiamen Port Logistics' Xiangyu CBZ into the nation's first "zero-carbon logistics park" featuring "green
Shihushan Terminal purchase nine 5-ton/7-ton loaders and four 7-ton electric loaders low-carbon intelligent operations and shared benefits" with complete photovoltaic energy coverage. It has transitioned stackers from oil to
Hailong Terminal: Appli- electric loaders annually.cation of electronic Over six years they aim to electric ones to achieve full electrification of its equipment and continuously promoted green operations and office practices within the park.loaders replace a total of 54 diesel Xiamen Port Logistics' "zero-carbon CBZ" has been selected as a national third-batch intelligent photovoltaic pilot demonstration project
units with these green electric recognized as a model of green and low-carbon practice in 2022 and noted for related practices in Xiamen's ecological civilization construction
alternatives in 2023.By 2025 Shihushan Terminal Procured two electric mining dumper Plan to procure three 105T or Unit 2023 2024 Year-on-year
Shihushan Terminal: plans to replace 2 dump trucks above electric mining
Clean energy dump with clean energy models and dumper Total greenhouse gas emissions Tons of carbon dioxide equivalent 63486.69 61082.66 -3.79%
truck initiative by 2030 an additional 10 dump
trucks will be converted to clean
energy Scope one Tons of carbon dioxide equivalent 47288.67 45687.97 -3.38%
Scope two Tons of carbon dioxide equivalent 16198.01 15394.69 -4.96%
Greenhouse gas emission Tons of carbon dioxide equivalent per
Xiamen Port Transport:- Aim to replace 72 in-use in-port N/A Plan to procure 40 terminal intensity RMB 10000 operating revenue 0.0286 0.0276 -3.50%
Clean alternatives for container tractors with electric offset electric trailers
in-Port container trac- alternatives by the end of 2025 Calculation of greenhouse gas emissions: emission factor
tors ensuring that over 60% of these
tractors are powered by clean
new energy sources. By 2030
strive for 100% of in-port Case The practice of "Establishing Xiangyu Zero-Carbon
container tractors to be Comprehensive Bonded Zone" has been recognized by MEE
powered by clean new energy
In February 2024 the initiative titled "Establishing Xiangyu Zero-Carbon
Comprehensive Bonded Zone" was recognized as one of the seven
exemplary cases of Xiamen's practical approaches to ecological
civilization. This zero-carbon park has gained significant media attention
leading to remarkable achievements. The CBZ has achieved a self-bal-
Xiamen Port Logistics: Continuously advance the Procured five electric forklifts Plan to procure 10 electric ancing of carbon emissions and carbon absorption within the park
Clean energy equipment electrification of empty contain- forklifts and one electric creating a new type of zero-carbon CBZ that deeply integrates
in logistics parks erhandlers reach stackers and stacker production and living. It has now become a striking new symbol of
forklifts in Xiamen Port Logistics. ecological civilization for the Free Trade Zone in its international engage-
All new equipment should ment.ideally be electric-powered. As of 2024 Xiamen Port Logistics has established a total photovoltaic
Electric equipment is expected installed capacity of 9.9 megawatts in the Xiangyu CBZ. The expected
to constitute 50% and over 70% annual power output is 8 million kWh potentially saving at least 2520
of the total by 2025 and 2030 tons of standard coal and reducing carbon dioxide emissions by roughly
respectively 7986 tons. This initiative effectively optimizes the energy structure
within the logistics park reduces energy costs and decreases carbon
emissions.
95962024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Outlook for 2025
The year 2025 is pivotal for thoroughly implementing the directives from the 20th CPC Central Committee's third plenary session enhancing
state-owned enterprise reforms and serving as the concluding phase of the "14th Five-Year Plan." It also sets a solid foundation for the "15th
Five-Year Plan." The Company is committed to fully implementing the spirit of the 20th National Congress of the CPC and the third plenary
session of the 20th Central Committee. We aim to guide our efforts with the Party's political construction focus on high-quality development
and deepen reform and innovation as driving forces. By actively aligning with major regional strategies we will remain steadfast in our
objectives adhere to our strategic blueprint and rapidly develop new integrated advantages in the "Silk Road Maritime" port shipping and
trade sectors.The year 2025 marks a crucial period for China's capital markets as they continue to implement the directives of the Central Financial Work
Conference the new "Nine Articles of the State" the "Six Rules for Mergers and Restructuring" and other key market value management
policies. The Company has announced plans for a major asset restructuring aiming to capitalize on its listed company platform and the
fundamental advantages of port resources to significantly enhance its ESG management capabilities. The year 2025 is poised to be a
milestone in the Company's development history."Though the dream is distant persistence makes it attainable; though the goal is challenging perseverance makes it achievable." In this critical
year as we accelerate momentum transformation cultivate new production capabilities and embark on asset restructuring it is vital to
reinforce our confidence in development and maintain strategic focus. Let us embrace a proactive and ambitious spirit advancing with
competitive determination and strengthen our sense of responsibility mission and urgency. By prioritizing action and accelerating efficiency
we will ensure the effective implementation of all work initiatives. This will expedite our high-quality development to new heights contributing
to Xiamen's role as a leading demonstration zone for high-quality development and emphasizing Fujian's leadership in China's journey toward
modernization showcasing new responsibilities and achievements!
97982024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Appendices Social category
Key performance Primary indicator Secondaryindicator Tertiary indicator Unit 2024
Total new employees people 188
Environmental category Male people 145
By gender
Female people 43
Primary indicator Secondary indicator Tertiary indicator Unit 2024 Fresh graduates people 61
By recruitment
Social recruitment peopleTotal water consumption 1402178 channel 125ton
Water resources Internal recruitment and people 2
utilization Fresh water consumption ton 1221055 internal transfer
%
Total reused water Labor contract signing rate 100.00ton 181123
Total active employees peopleDiesel ton 14433.70 4647
people
Gasoline Minority employees106.38 62ton
Resource Energy utilization peoplePhotovoltaic (power generation) thousand Disabled employees 15
utilization and kilowatt-hours 14093.7
recycling Photovoltaic (cumulative consumption of electricity thousand Male people
economy generated) kilowatt-hours 5261.4
3700
Employment By gender
people
Purchased electricity (external procurement) thousand Female 947
kilowatt-hours 38219.18
people
Total material consumption < 35ton 1478.57 1528
By age people
Non-renewable material consumption 35 - 45 1415ton 3962.72
Recycling economy Consumption of toxic and hazardous materials > 45
people
ton 10.68 1704
Production staff peoplePackaging material used ton - 3446Employees
people
Non-recyclable packaging material used Sales staff 153ton -
By people
Total investment in environmental protection Technicians 395RMB 10000 6927.73 professionals
Environmental
compliance Major administrative penalties by environmental Financial staff
people 104
management protection agencies
(s) 0
people
Major environmental events Administrative staff 549ton 0
people
Wastewater discharge Graduate degree and above116079.01 126ton
Pollutant emissions Industrial wastewater discharge Bachelor degree
people
ton 12000.00 By educational 1113
level Associate degree peopleDomestic sewage discharge ton 104079.01 1083
General industrial solid waste disposal High school and below
people
661.75 2325ton
Pollution Scrap iron disposal ton 365.62 Number of unresolved labor dispute cases
(s) 3
prevention and
ecosystem Waste wire rope disposal ton 269.79 Number of employees voluntarily resigned
people 173
protection
Waste wood disposal Employeecar 42.00 Employee social insurance coverage rate
%100.00
compensation Total number of paid vacation days for employees
Domestic waste disposal car 175.50 and benefits
days
throughout the year 32118.00
Waste disposal
Ship waste disposal RMB 10000 188.35ton 25.92 Employee education expenses
Number
Waste aluminum cables disposal ton 0.42 Employee Number of trainings held of sessions 2249
development people
Scrapped electronic equipment disposal 4457set 27.00 Number of traineesand training
people
Waste tires disposal Male(s) 5929.00 3680By gender
Hazardous waste disposal (including waste oil Female people 777ton
used filters and spent batteries) 54.642
991002024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Primary indicator Secondary Secondaryindicator Tertiary indicator Unit 2024 Primary indicator indicator Tertiary indicator Unit 2024
Senior management (including
subsidiaries) people 66 Number of suppliers with ISO 9000 certification (s) 203
Employee By management
level Middle management people 401 Supplier Supplier Number of suppliers with ISO 14000 certification (s) 168development
and training Grassroots employees people 3990 management Number of suppliers with ISO 45001 certification (s) 167
Total training hours hour 88444 Number of suppliers who have signed the Integrity Agreement (s) 495
Number of enterprises meeting safety production
standardization standards (s) 26 Investment in charity activities RMB 10000 65
Safety training hours (Specifically safety training) hour 4166.25 Total number of charity activities (s) 110
Number of safety training (s) 1670 Social Social Number of volunteers participating in charity activities (s) 1131
Number of participants in safety training (s) 28745 response contribution Hours of volunteers participate in charity activities hour 2194.00
Investment in safety production expenses RMB 10000 3144 Time invested in community hour 195
Employee Number of employees covered by occupational injury insurance
(Industrial injury insurance) (s) 4647 Rural revitalization Investment in rural revitalization(support through consumption) RMB 10000 305health and
safety Number of employees meeting the insurance purchase requirements(Industrial injury insurance) (s) 4647
Amount of investment in production safety liability insurance RMB 10000 49.341
Employees
Number of employees covered by production safety liability insurance (s) 2481
Number of production safety accidents (s) 0
Number of deaths due to work people 0
Number of work days lost due to work-related injuries days 1483
Frequency of employees participating in democratic
Democratic management activities
(s) 43
management Number of employees participating in democraticmanagement activities people 1635
of employees Proportion of employees participating in democratic
management activities % 35.18
Employee Investing funds to help employees in need RMB 10000 67.56
care and
support Number of employees in need assisted people 289
Employee satisfaction score / 95.57
Employee
satisfaction Number of employees participating in the survey people 1024
Proportion of employees participating in the survey % 22.04
Total R&D investment RMB 10000 845.89
Innovative
R&D Number of R&D personnel people 41
Innovation-
driven and Number of new utility model patents (s) 0
scientific and
technological Cumulative number of utility model patents (s) 9Intellectual
ethics property Number of newly added software copyrights (s) 15
Cumulative number of newly added software copyrights (s) 55
Number of suppliers (s) 2750
China mainland (s) 2726
By region
Hong Kong Macao and Taiwan (s) 8
Supplier Supplier
management Overseas
(s) 16
Number of suppliers reviewed (s) 2750
Number of suppliers whose cooperation was terminated
due to non-compliance (s) 1
Number of potential suppliers removed due to non-compliance (s) 2
1011022024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Governance category Primary indicator Secondaryindicator Tertiary indicator Unit 2024
By age > 50 people 3
Primary indicator Secondaryindicator Tertiary indicator Unit 2024 Proportion of external supervisors % 60
Number of Party Committee meetings (s) 36 Proportion of employee supervisors % 40
Number of Party branches (s) 49 Average tenure of supervisors years 2.25
Party Number of party members (s) 885 Governance Senior management Number of senior managers people 5
leadership Board of
Topics reviewed by Party committee (including strategy and
preliminary research) (s) 188 Directors Boardstructure Male people 4
of Supervisors By gender
Preliminary research and discussion of major business
management matters (s) 97 and senior Female people 1
management
Board of directors (s) 9 ≤ 35 people 0
Audit Committee (s) 6 By age 36 - 50 people 3
Meetings Strategic Development and ESG
Committee (s) 4 > 50 people 2
Compensation and Evaluation
Committee (s) 1 Average tenure of senior executives years 4.25
Board of Supervisors (s) 6 Anti-commercial bribery and anti-corruption trainings (s) 96
24 Anti-commercial Total employees receiving anti-commercial bribery andShareholders meeting (s) anti-corruption training (s) 4650
bribery and
Board of directors (s) 53 anti-corruption Senior management (s) 67
By position
Proposals Audit Committee (s) 18 Employees (s) 4583
Strategic Development and ESG (s) 5 Legal and compliance training sessions (s) 3Committee
Compensation and Evaluation
Committee (s) 1 Compliance Hours of compliance training hour 6
Board of Supervisors (s) 12 Number of employees receiving legal and compliance training (s) 210
Standardize
Board composition Number of directors people 9 governance The amount of litigation or major administrative penalties
Governance caused by the Company's unfair competition during the RMB 0
strategy and Board of Male people 9 reporting period
structure Directors By gender
Board of Female people 0 Anti-Unfair Number of major lawsuits (s) 0
Supervisors competition
and senior ≤ 35 people 0 Number of arbitration matters (s) 0
management By age 36 - 50 people 4 Number of violations and penalties (s) 0
> 50 people 5 Total penalties for violations RMB 0
PhD people 1 Number of roadshows (s) 1
By educational Master degree people 6 Number of investor communication meetings (s) 2
level
Bachelor degree and below people 2 Number of investors received people 4
Investor
Proportion of external directors % 77.78 relations and Investor Number of platform responses (s) 40
investor relations
Proportion of independent directors % 33.33 rights management Number of investor calls received (s) 50
protection
Average tenure of board members years 3.83 Number of periodic reports disclosed (s) 4
Board member attendance rate % 100 Number of temporary announcements issued (s) 93
Board member turnover rate % 0 Number of shareholder meetings (s) 5
Composition of the
Supervisory Board Number of supervisors people 5
Male people 4
By gender
Female people 1
≤ 35 people 1
By age
36 - 50 people 1
1031042024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Index of indicators Definition
Company abbreviation Company's full name
Table: Shenzhen Stock Exchange's "Guidelines" Benchmark
Xiamen Port the Company our Company or We Xiamen Port Development Co. Ltd.Disclosure requirements Corresponding chapter of this report
Response to climate change Response to climate change Shihushan Terminal Xiamen Port Group Shihushan Terminal Co. Ltd.Pollutant emissions Reducing pollutant discharge
Hailong Terminal Xiamen Hailong Terminal Co. Ltd.Waste disposal Reducing pollutant discharge
Ecosystem and biodiversity conservation Strengthen environmental management
Chaozhou Port Chaozhou Port Development Co. Ltd.Environmental compliance management Strengthen environmental management
Energy utilization Strict resource consumption Gulei Port Zhangzhou Gulei Port Development Co. Ltd.Water resources utilization Strict resource consumption
Huajin Terminal Shishi Huajin Terminal Storage and Transportation Co. Ltd.Recycling economy Strict resource consumption
Rural revitalization Actively contributing to society
Haihong Terminal Xiamen Haihong Petrochemical Terminal Co. Ltd.Social contribution Actively contributing to society
Innovation-driven strategy Driving the innovation engine Haixiang Terminal Xiamen Port Haixiang Terminal Co. Ltd.Scientific and technological ethic After evaluation this issue is not of impact or financial importance and is not disclosed in the report
Supply chain security Enhancing supply chain management Xiamen Port Shipping Xiamen Port Shipping Co. Ltd.Equal treatment of small and medium enterprises Enhancing supply chain management
Gulei Towing Zhangzhou Gulei Towing Co. Ltd.Safeguarding employee health and safety
Product and service safety and quality
Refined service quality
Xiamen Ocean Shipping Agency (OSA) China Xiamen Ocean Shipping Agency Co. Ltd.Data security and customer privacy protection Refined service quality
Improving employee well-being Xiamen OSA Customs Broker Xiamen OSA Customs Broker Co. Ltd.Employees Safeguarding employee health and safety
Xiamen OSA International Freight Xiamen OSA International Freight Co. Ltd.Safeguard employees development
Lighting up employees' lives Xiamen Ocean Shipping Tally (OST) Xiamen Ocean Shipping Tally Co. Ltd.Due diligence After evaluation this issue is not of impact or financial importance and is not disclosed in the report
Communication with stakeholders Communication with stakeholders Xiamen OST Health Quarantine Xiamen OST Health Quarantine Technical Service Co. Ltd.Anti-commercial bribery and anti-corruption Transparent and steady operation
Xiamen Port Logistics Xiamen Port Logistics Co. Ltd.Anti-Unfair competition Transparent and steady operation
Xiamen Bonded Logistics Xiamen Port Bonded Logistics Co. Ltd.Xiamen Port Transport Xiamen Port Transport Co. Ltd.Xiamen Port Trading Xiamen Port Trading Co. Ltd.Xiamen Haiheng Xiamen Port Haiheng Industrial Co. Ltd.
1051062024
Environmental Social and Governance Report Xiamen Port Development Co. Ltd.Feedback Disclaimer
Dear Stakeholders:
Thank you for reading the "Xiamen Port Development Co. Ltd. 2024 Environmental Social and Governance (ESG) Report". We are committed The information contained in this report does not constitute any investment advice. Investors should not replace their
to providing valuable information to you and other stakeholders and we aim to continuously enhance our performance in environmental independent judgment or make decisions solely based on such information. The Company does not assume any responsibili-
social and governance areas. We sincerely invite your valuable feedback and suggestions on this report. We look forward to your insights and ty for losses that arise or may arise from the use of information in this report. The information published by the Company is
greatly appreciate your ongoing support!
true and accurate. In the event of any inconsistency with statutory disclosure documents the statutory disclosure
documents shall prevail.If this report contains forward-looking statements it does not constitute a constraint on the Company's future actions and
1. What type of stakeholder do you belong to the Company is not obligated and does not undertake to revise forward-looking statements (if any) contained in this
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2. What is your overall evaluation of this report:
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3. Do you think this report fully reflects the Company's performance in ESG:
□ Yes □ Fair □ No
4. Do you think the information data and indicators disclosed in this report are clear accurate and complete:
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6. What other information do you think you are concerned about that has not been disclosed in this report
7. What suggestions do you have on corporate ESG information disclosure and the practice of ESG concepts
107108
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