股票代码:000922
深圳证券交易所发行上市
Environmental Social and Governance (ESG) Report
地址：黑龙江省佳木斯市前进区长安路 247 号 邮箱：hdjtjdgf000922@163.com
电话：0454-8848800 网址：https:// www.jemlc.com/ Harbin Electric Corporation Jiamusi Electric Machine Company LimitedAbout This Report
This report is the 2025 ESG Report issued by Harbin Electric Corporation Jiamusi Electric Machine Company Limited. Adhering to the principles Currency Unit Unless otherwise stated this report uses Renminbi (RMB) as the currency unit.of objectivity standardization transparency and comprehensiveness it provides a detailed disclosure of the Company's specific measures key
practices highlight cases and critical performance in actively undertaking social responsibilities and promoting sustainable development in
2025 aiming to actively respond to stakeholder expectations and better fulfill social responsibilities in the future.
Explanation of Terms
Reporting The organizational scope of this report covers Harbin Electric Corporation Jiamusi Electric Machine Company Limited.Scope and its subsidiaries. Unless otherwise stated it is consistent with the scope disclosed in the Company's annual report. Item Full Name
The reporting period covers January 1 2025 to December 31 2025. To enhance the comparability and completeness
of this report certain sections appropriately include retrospective data from previous years or forward-looking state- Jiamusi Electric Machine Company/Company/We Harbin Electric Corporation Jiamusi Electric Machine Company Limited
ments.Harbin Electric Harbin Electric Corporation
Basis of This report is prepared in accordance with the requirements of the State-owned Assets Supervision and Administration Suzhou Jiamusi Electric Suzhou Jiamusi Electric Permanent Magnet Motor Technology Company Limited
Preparation Commission (SASAC) of the State Council's Guidance on the High-standard Fulfillment of Social Responsibilities by
Central Enterprises in the New Era and Research on the Preparation of ESG Special Reports by Central Enterprise-con- Advanced Motor Harbin Electric Corporation Advanced Electric Machine Technology Co. Ltd.trolled Listed Companies the Shenzhen Stock Exchange's Self-regulatory Guidelines for Listed Companies No. 1— Power Equipment Company Harbin Electrical Power Equipment Company Limited
Standard Operation of Main Board Listed Companies Self-regulatory Guidelines for Listed Companies No. 17—Sustain-
ability Report (Trial) the Global Reporting Initiative's (GRI) GRI Standards and other regulatory documents.Data Sources All information and data cited in this report is obtained from internal documents of Harbin Electric Corporation Jiamusi
and Reliability Electric Machine Company Limited or relevant public materials. Unless otherwise stated the statistical scope is consis- Report Access This report can be viewed and downloaded from the Shenzhen Stock Exchange website (http://www.szse.cn).Assurance tent with that of the annual report. This report has undergone the Company's confidentiality review and been deliber-
ated and approved by the Board of Directors. Harbin Electric Corporation Jiamusi Electric Machine Company Limited
warrants that the report contains no false records misleading statements or material omissions and assumes individu-
al and joint liability for the authenticity accuracy and completeness of its content.About This Report 000 Building a Solid Foundation Dedicated to Social Well-being Future Outlook 067
through Compliance Charting a Co-creating a Harmonious Landscape
Message from the Chairman 001 Long-Term Future Appendix
About Jiamusi Electric Machine Company 003 Respecting People Safeguarding Employee Strengthening Governance Enhancing 047021 Rights
Management Effectiveness
Talent Development Empowering ESG Performance Indicators 069
Feature: Precise Risk Control Safeguarding 050025 Professional Advancement
Strengthening Party Building Steady Development Definitions 075Caring for Health Safeguarding Employee
Empowering High-Quality Development Upholding Compliance Adhering to 051027 Well-being
Operational Red Lines Reader Feedback Form 076
Fulfilling Our Mission Strengthening National 054
Strengthening Party Building Foundations 009 Integrity in Action Strengthening the Foundation 028 Welfare and People's Livelihood Disclaimer 077of Business Ethics
Fulfilling Responsibilities and Serving Community 012 Green Manufacturing
Adhering to Lean Excellence Co-creating a New Chapter of Low-Carbon
Empowering Value Growth
Strengthening the Foundation Development
for Sustainable Development Innovation Engine Digital Intelligence 033 Green as the Foundation Enhancing
Empowering Value Environmental Management 057
ESG Management 015 Crafting Premium Products Steering 036 Driving Carbon Reduction Responding
Industry Development Climate Change 058
Double Materiality Analysis 016 Excellent Service Safeguarding Customer 039 Circular Empowerment Optimizing Resource
Rights Utilization 061
Stakeholder Engagement 017
Leading the Industry Uniting to Advance 041 Strict Pollution Control Upholding Environmental 064
Conclusions of Topic Materiality Analysis 018 Together Protection Red Lines
Contents2025 Environmental Social and Governance (ESG) Report Message from the Chairman
Message from the Chairman
The year 2025 marks a pivotal year for Jiamusi Electric Machine Company as we advance to new heights in high-quality development and Guided by Our Flag Forging Ahead with Commitment
also a year of broadening horizons as we forge a new competitive landscape on the global stage. Guided by the spirit of the 20th National We remain steadfast in strengthening our foundation and reinforcing our core values through Party leadership. In 2025 the Company
Congress of the Communist Party of China we strengthened our resolve and faced challenges head-on. By adopting a broader strategic further intensified theoretical arming with the Party’s innovative theories thoroughly studied and implemented the spirit of the Fourth
perspective implementing more pragmatic measures and upholding a more rigorous work ethic we elevated our high-quality development Plenary Session of the 20th Central Committee of the Communist Party of China and strictly enforced the "Top Priority" mechanism. We
and cultivated new quality productive forces. Through digital empowerment and a green-rooted foundation we leveraged digital intelligence to promoted in-depth integration of Party building work with production and operation and made solid progress in inspection rectification
propel the Company's high-quality development. We comprehensively advanced ESG practices that go hand in hand with sustainable develop- and strategic planning for the 15th Five-Year Plan period. We optimized our cadre selection mechanisms and talent pipeline development
ment solidifying our foundation for becoming a world-class manufacturer and service provider of electric drive systems. deepened our Party-building brand identity and corporate cultural heritage and strictly regulated performance-related benefits manage-
ment. By advancing full and rigorous Party self-governance across all fronts we continue to uphold a healthy transparent and dynamic
organizational ecosystem that encourages initiative and achievement.Forging Ahead in Technology to Scale New Heights Uniting in Innovation to Open a Grand Blueprint
We have gone all out to tackle core technologies achieving new breakthroughs in scientific and technological innovation. In 2025 the
Company proactively aligned itself with the national strategic science and technology landscape focusing on collaborative breakthroughs
in key areas such as electric drive systems strengthening the construction of intellectual property and standard systems and driving
significant progress in the development of high-end equipment and innovation in core processes. The Company continued to optimize its
innovation system deepened the transformation and application of scientific and technological achievements strictly standardized
research and development management processes and advanced the integration of industry academia research and application. The role
of scientific and technological innovation as an engine continued to be highlighted injecting strong momentum for high-quality develop-
ment.Accelerating Transformation to Increase Momentum Expanding the Market to Set Benchmarks
We accelerated the transformation and upgrading of our “three businesses” - as a manufacturer a system integrator and an operation and
maintenance service provider - achieving significant market expansion in emerging industries and sectors. In 2025 the Company focused
on key industries and high-end market demands actively expanded its domestic and international market presence and achieved break-
throughs in both traditional fields and emerging sectors. Closely following the pace of the national energy strategy we achieved landmark
progress in markets such as water conservancy and electric power. Seizing opportunities presented by national policies on major national
strategies and security capacity building in key areas and large-scale equipment renewals and the trade-in of consumer goods we set
industry benchmarks in intelligent operations and system integration. By continuously optimizing our marketing system and deepening cus-
tomer collaboration and brand building we significantly enhanced our market competitiveness and brand influence injecting strong
momentum into high-quality development.Fortifying the Foundation with Stringent Quality Control Embarking on a New Journey as an Industry Benchmark
Quality control achieved remarkable results positioning us as an industry benchmark and launching a new journey of excellence. In 2025
the Company focused on the core task of quality enhancement systematically advancing quality improvement initiatives and system opti-
mization. We synergized management innovation with deepened practical implementation. We strengthened the "three-level leadership
responsibility for quality" mechanism ensuring accountability at every level. By reinforcing both supervision and inspection alongside
supply chain management we promoted closed-loop problem-solving and quality leapfrogging. Through advancing quality benchmarking
initiatives and brand building we were successfully recognized as a National Quality Benchmark. Our quality competitiveness and brand
influence have significantly improved injecting robust momentum into high-quality development.Empowering with Digital Intelligence as a Powerful Engine Driving Efficiency to New Heights
Vigorously advancing digital and intelligent transformation with "digital" and "intelligence" engines driving continuous efficiency improve-
ments. In 2025 the Company focused on the core task of digital and intelligent transformation systematically promoting the deep integra-
tion of digital technologies with the entire manufacturing process achieving synergy between technological innovation and management
reform. We deepened data governance and intelligent platform construction solidifying the foundation for transformation. By leveraging
the dual drivers of intelligent manufacturing and supply chain collaboration we enhanced both operational efficiency and decision-making
precision. Through promoting benchmark projects and sharing industry experience we successfully established demonstration cases in
digital and intelligent manufacturing. Our digital intelligence competitiveness and innovation-driven momentum have significantly improved
injecting robust momentum into high-quality development.
001 0022025 Environmental Social and Governance (ESG) Report About Jiamusi Electric Machine Company
About Jiamusi Electric Machine Company
Company Profile Harbin Electric Corporation Jiamusi Electric Machine Company Limited (Stock Code: 000922 than 50 countries and regions across five continents. Adhering to the philosophy of "customer-centricity and creating value for customers" we
Jiamusi Electric) a holding subsidiary of Harbin Electric Corporation which is one of the are committed to building the Company into a world-class manufacturer and service provider of electric drive systems.centrally managed key state-owned backbone enterprises. With over 80 years of history in
motor manufacturing it is the first electric motor factory founded by the Communist Party of The main products and business scope of Jiamusi Electric Machine Company include explosion-proof motors hoisting and metallurgical motors
China and serves as the founding and leading enterprise for special motors in China. Jiamusi general motors intelligent motors high-efficiency energy-saving motors permanent magnet motors variable frequency synchronous motors for
Electric Machine Company is responsible for Harbin Electric's green and low-carbon drive rolling mills DC motors wet-winding motors canned motor pumps nuclear-grade canned reactor coolant pump motors nuclear-grade shaft seal
system business. Through years of strategic planning and integration of resources in reactor coolant pumps small modular reactor coolant pumps various motors for nuclear power plants nuclear-grade Class III canned pumps
technology manufacturing and market development the Company has significantly enhanced seawater circulation pumps for nuclear power plants main helium blowers for high-temperature gas-cooled reactors helium compressors for
its technical capabilities manufacturing capacity and market influence. Its product portfolio high-temperature gas-cooled reactors electrical control and system complete equipment as well as energy-saving retrofitting re-manufacturing
includes 347 series and nearly 4000 varieties of electric motors with single-unit power ranging and maintenance services for various motors. Jiamusi Electric Machine Company's products are widely used in key national construction projects
from 0.37 to 80000 kilowatts. With an annual production capacity exceeding 15 million kW the across industries such as machinery and coal petrochemicals hoisting and metallurgy water conservancy and electric power aerospace pipeline
Company has achieved full coverage of industrial motor products. The Company operates over transportation shipbuilding and the nuclear energy sector providing exceptional driving force for China's economic and social development and
ten subsidiaries and branches in Jiamusi Harbin Suzhou and other locations along with the progress.National Engineer Research Center of Explosion-proof Motor and the Engineering Research
Center of RCP Heilongjiang Province. Its renowned "Feiqiu" brand products—recognized as a
Chinese Famous Brand and AAA-level (national) well-known trademark—are exported to more
003 0042025 Environmental Social and Governance (ESG) Report About Jiamusi Electric Machine Company
Development History 1970 1976
Manufacturing motors for the Mao Zedong Memorial Hall project
Establish Nanyang Explosion-proof Motor Factory
As per the requirements of the First Machinery Industry Ministry Jiamusi
In 1970 in accordance with the "Third Front Construction" directive over
1937 Motor Factory manufactured a total of five crane motors including JZ2-22-6 2017-2025800 employees and cadres from Jiamusi Motor Factory actively responded
7.5 kW and JZ2-31-6 11 kW models for the Mao Zedong Memorial Hall project.
to the call leaving their hometowns and families behind to resolutely
Shibaura Corporation Fengtian Manufacturing Plant The quality of the motors was highly recognized by the on-site command of Maintaining industry leadershiprelocate to Nanyang Henan Province where they established the Nanyang
Located at Yugong Street Tiexi District Fengtian (now Shenyang) the Mao Zedong Memorial Hall project and the products have been operating With a focus on technological innovation intelligent manufacturing and green Explosion-Proof Motor Factory. This created the pattern of "Jiamusi in the
primarily producing small motors cranes gold dredgers etc. stably to this day. transformation Jiamusi Electric Machine Company leverages its national-level North Nanyang in the South" making significant contributions to the
R&D capabilities and forward-looking strategic planning to consistently lead
development of China's explosion-proof motor industry.the industry's transformation development and upgrading. Its comprehensive
capabilities have significantly improved and its overall economic benefits rank
among the top in the industry. In 2024 the Company was honored to be listed
as a "Special Industrial Motor Enterprise" in the Ministry of Industry and
Directive Document of Jiamusi Information Technology's eighth batch of "Manufacturing Single Champions" Document from the On-site
Motor Factory Implementing the Command of the Mao Zedong fully demonstrating its outstanding strength in the field of industrial special
Yugong Street Tiexi District Fengtian "Third Front Construction" Directive Memorial Hall Project motor product manufacturing.
194519641984
Shenyang Branch of Electrical Equipment Factory Creating one "first in the people's republic of China" after another
After the liberation of Fengtian the factory was taken over by the Central To meet the needs of national nuclear engineering the plant developed Decentralized to Jiamusi City for local management
Resources Committee of the Kuomintang and production at the factory was China’s first canned motor another breakthrough filling a domestic gap. In line with the Central Committee's decisions on economic system reform
largely brought to a standstill. Later the factory successively developed China's first hoisting and metallur- the State Council's approval of the Ministry of Machinery Industry's Report
gical motor and the first auxiliary fan. on Opinions Regarding the Reform of the Machinery Industry Management
System and the Heilongjiang Provincial Committee and Government's
1948 Decision on Adjusting and Reforming the Management System of
Provincial-Owned Enterprises and Transferring Enterprises to Local
Northeast People's Government Electrical Industry Management Bureau Management the Provincial Machinery Industry Bureau decided to
Motor Factory transfer Jiamusi Motor Factory to Jiamusi City for local management.Under the leadership of the Communist Party of China the people overthrew
the rule of the Kuomintang. The Northeast People's Government Electrical
Industry Management Bureau Motor Factory took over the factory and Crane and Metallurgical Canned Motor 1989 2012
renamed it the Electrical Industry Management Bureau Motor Factory. Its main Motor
products included electric motors and switchboards which were used for the 1953 Pioneering the application of explosion-proof technology in Successfully listed on the capital
economic recovery and construction of the liberated areas. brush-less excitation synchronous motors market
Successfully developed and produced the first domestically manufactured Harbin Electric Jiamusi Electric Machine
Successfully developed China's first
increased safety brush-less excitation synchronous motor which was Company Limited successfully listed on the
explosion-proof motor
awarded the "Outstanding Contribution Award for the Development of capital market through asset restructuring
In 1953 the factory successfully developed
National Major Equipment" with an inscription personally written by the with the stock code 000922 and the stock
China's first KMA explosion-proof motor
Premier. abbreviation "Jiamusi Electric Machine
filling the gap in China's explosion-proof
Company".motor manufacturing. Subsequently the
factory successively developed and
successfully produced the JB JBS JBO JBI KMA Explosion-proof
Liberation of Northeast China Northeast People's Government Takes JBR and JBY series of explosion-proof Motor
Over the Factory
motors beginning mass production. 2008
Report on the Successful Trial Production
1949 of the "Increased Safety Brush-Less
Excitation Synchronous Motor" Became the first mixed-ownership enterprise of the Group1952 Harbin Electric agreed to introduce strategic investors to participate in the
Electrical Industry Management Bureau Sixth Factory 1998-2000 Company’s capital increase and share expansion creating conditions for the
In 1949 with the establishment of the People's Republic of China the factory Jiamusi Motor Factory of the Central First Machinery Industry Ministry sound and rapid development of the Company in the future.came under the jurisdiction of the Electrical Industry Management Bureau of In August 1952 the factory was renamed Jiamusi Motor Factory of the Joined Harbin Electric and established a
the Northeast People's Government and was renamed Electrical Industry Central First Machinery Industry Ministry. It was tasked with the important joint-stock company
Management Bureau Sixth Factory. responsibility of supporting the development of the new China's national The board of directors of Harbin Electric reviewed
economy. With over 1300 employees it became one of the largest and passed the Resolution on Approving the 2005
state-owned factories in Jiamusi at the time. Merger of Jiamusi Motor Factory by Harbin Power
Plant Equipment Group Corporation. Jiamusi Merged Jiamusi MotorFactory "Feiqiu" brand motor honored as "China
Motor Factory joined Harbin Electric ushering in Famous Brand"
1950 new opportunities for development. The Company's "Feiqiu" brand motor has been
As the main initiator Jiamusi Motor Factory widely recognized by all sectors of society and
contributed its main operational assets and
Electrical Industry Management Bureau Sixth Factory relocated to has been awarded the honor of "China Famous
collaborated with six corporate legal entities to
Founding of the People’s Electrical Industry Management Jiamusi Brand" by the General Administration of Quality
Republic of China Bureau Sixth Factory In 1950 with the outbreak of the Korean War and in order to preserve the establish Jiamusi Electric Machine Company Established Jiamusi Electric Supervision Inspection and Quarantine of the
nation's economic strength the Electrical Industry Management Bureau Limited. Machine Company Limited People's Republic of China.Sixth Factory was relocated northward to Jiamusi City then part of the "Feiqiu" Brand Logo
former Songjiang Province in accordance with the central government's
directive for wartime transfer. In February of the following year the first
batch of eight electric motors was produced by the Electrical Industry
Management Bureau Sixth Factory.
005 0062025 Environmental Social and Governance (ESG) Report About Jiamusi Electric Machine Company
Business Overview Corporate Honors
The main products and business scope of Jiamusi Electric Machine Company include explosion-proof motors hoisting and metallurgical
Certificate
motors general motors intelligent motors high-efficiency energy-saving motors permanent magnet motors variable frequency synchronous Award/Title Award Recipient Award Issuing Authority
motors for rolling mills DC motors wet-winding motors canned motor pumps nuclear-grade canned reactor coolant pump motors nucle-
Department of Industry and
ar-grade shaft seal reactor coolant pumps small modular reactor coolant pumps various motors for nuclear power plants nuclear-grade Class Service-Oriented Manufacturing Jiamusi Electric Machine Information Technology of
III canned pumps seawater circulation pumps for nuclear power plants main helium blowers for high-temperature gas-cooled reactors helium Enterprise Company Limited Heilongjiang Province
compressors for high-temperature gas-cooled reactors electrical control and system complete equipment as well as energy-saving retrofitting
re-manufacturing and maintenance services for various motors. Jiamusi Electric Machine Company's products are widely used in key national
construction projects across industries such as machinery and coal petrochemicals hoisting and metallurgy water conservancy and electric Department of Industry and Heilongjiang Province's First Jiamusi Electric Machine
power aerospace pipeline transportation shipbuilding and the nuclear power station providing exceptional driving force for China's quality Information Technology of Set of Products Company Limited
economic and social development and progress. Heilongjiang Province
Key Products
General Office of Ministry of
Manufacturing Single Champion Jiamusi Electric Machine
Industry and Information
The class 1E K1 motor is a supporting motor for the residual heat The main helium blower is one of the 16 major projects outlined Enterprise Company Limited Technology
removal pump in pressurized water reactor nuclear power plants. in China's "National Medium- and Long-Term Science and Tech-
It serves as a critical component of the residual heat removal nology Development Plan" during the 11th Five-Year Plan period.system and represents the world's second medium-to-high volt- As a core component of fourth-generation nuclear technology it List of World-Class Demonstration
Jiamusi Electric State-owned Assets
age Class 1E (category K1) motor for this type of reactor effec- represents a domestic innovation that has filled multiple techno- Enterprises and Specialized
Machine Company Supervision and Administration
tively replacing imported products. logical gaps in China. and Innovative Demonstration Limited Commission of the State Council
Enterprises
Heilongjiang Provincial
High-tech Enterprise Jiamusi Electric Machine
Department of Science and
Certificate Company Limited
Technology
Jiamusi Advanced Heilongjiang Provincial
High-tech Enterprise
Motor Technology Department of Science and
Certificate
Class 1E K1 Motor Main Helium Blower Motor Limited Technology
Jiamusi Jiadian Electric
Heilongjiang Provincial
High-tech Enterprise Motor Operation and
Department of Science and
Certificate Maintenance
Technology
Technology Co. Ltd.Spirit
Devotion to the Party and Country Reform and Innovation Pursuit of Excellence Scaling New Suzhou Jiamusi Electric High-tech Enterprise Heilongjiang Provincial
Heights and Selfless Dedication Permanent Magnet Motor Certificate Department of Science and
Technology Company Limited Technology
Core philosophy
People-oriented for Long-term Success Strength-oriented for Victory Department of Industry Heilongjiang Provincial Enterprise Jiamusi Electric Machine
and Information Technology
Technology Center Company Limited
of Heilongjiang Province
Core values
Uniting in Action Shining with Collective Power Intellectual Property
Jiamusi Electric Machine Zhonggui (Beijing)
Compliance Management
Company Limited Certification Co. Ltd.System Certification Certificate
Innovation philosophy
Pursuing Excellence Unremitting Self-Improvement
The 10th Good Design Harbin Electrical Power Chinese Mechanical
Award（2025） Equipment Company Limited Engineering Society
007008
Corporate Culture2025 Environmental Social and Governance (ESG) Report Feature: Strengthening Party Building Empowering High-Quality Development
Feature Annual meeting on enhancing Party conduct promoting integrity and combating corruption Case combined with a warning education session.On February 15 the Company held the meeting on enhancing Party con-
Strengthening Party Building duct promoting integrity and combating corruption combined with a
warning education session. The meeting aimed to deeply study and
Empowering High-Quality Development implement Xi Jinping Thought on Socialism with Chinese Characteristics
for a New Era implement the arrangements of higher-level authorities
2025 is a crucial year for fully implementing the spirit of the 20th National Congress of the Communist Party of China and a pivotal break- summarize work assess the situation systematically plan key tasks for
through year for the Company's transformation and upgrading towards high-quality development. The 20th National Congress of the Commu- the year comprehensively enhance the quality and effectiveness of Party
nist Party of China has established clear guidelines and strategic plans for the development of the Party and the country in the new era. Gener- building and drive high-quality transformation and development of the
al Secretary Xi Jinping has made a series of important instructions on key priorities including building China’s strength in science and technolo- enterprise through high-quality Party building.gy manufacturing quality cyberspace and digital development achieving carbon peaking and carbon neutrality fostering world-class enter-
prises promoting the all-round revitalization of Northeast China and exercising full and rigorous governance over the Party. These instructions
provide clear direction and a solid action guide for the Company to advance reform and development and strengthen Party building on the new
journey. Conveying studying and implementing the spirit of General Secretary Xi Jinping's important
Case speeches during the National “Two Sessions” and the spirit of the National “Two Sessions”
Guided by the spirit of the 20th National Congress of the Communist Party of China Jiamusi Electric Machine Company fully leverages the
leading role of Party building adhering to the principle of promoting high-quality development through high-quality Party building. In close In March 2025 the Company's Party Committee played a leading role by promptly conveying and studying General Secretary Xi
alignment with the new situation and new tasks the Company has made comprehensive arrangements for Party building work Party discipline Jinping's important speeches during the National “Two Sessions” and the spirit of the sessions through Party Committee meetings andand clean governance and combating corruption in 2025 laying a solid foundation for achieving the Company’s goal of “steady progress and the Party Committee's theoretical study center group. This effectively unified thoughts and actions with the decisions and arrange-rapid advancement.” ments of the Party and the state guiding practice and advancing work with Xi Jinping Thought on Socialism with Chinese Characteris-
tics for a New Era.Strengthening Party Building Foundations
Jiamusi Electric Machine Company adheres to laws and regulations such as the Constitution of the Communist Party of China the Code of
Integrity and Self-Discipline of the Communist Party of China the Several Provisions on Integrity in the Professional Conduct of State-Owned
Case In-depth study and education on the Party's eight-point frugality code
Enterprise Leaders and the Regulations on the Work of Grassroots Organizations of State-owned Enterprises of the Chinese Communist Party
(for Trial Implementation). The Company formulates and implements systems including the Rules of Procedure for the Party Committee of
Harbin Electric Corporation Jiamusi Electric Machine Company Limited the Assessment and Evaluation Measures for the Party Building Work On March 27 the Company held an enlarged meeting of the Party Committee and a meeting of the Leading Group for Party Building
Responsibility System of Directly Affiliated Party Organizations of Jiamusi Electric Machine Company the Management Measures for Ideological Work. The meeting studied and implemented the important instructions of General Secretary Xi Jinping on the study and education of
and Political Work of Harbin Electric Corporation Jiamusi Electric Machine Company Limited the Management Measures for Middle-Level Lead- the spirit of the eight-point frugality code conveyed the requirements of relevant meetings and circulars from higher authorities inter-
ers of Jiamusi Electric Machine Company and the Implementation Measures for the Collection Use and Management of Party Membership preted the Company’s work plan and made arrangements to launch the study and education campaign for in-depth implementation of
Fees of Jiamusi Electric Machine Company. Party building work is fully incorporated into the Company Articles of Association clarifying the the Party's eight-point frugality code.leadership role of the Party Committee in guiding direction managing overall situations and ensuring implementation within corporate gover-
nance. Additionally the Company improves Party work institutions assigns full-time Party affairs personnel and secures funding for Party orga-
Meeting on study and education for the in-depth implementation of the Party's
nization activities. Case eight-point frugality code
The Company resolutely implements the decisions and deployments of the Party Central Committee and the State Council as well as the
requirements of the SASAC upholding the "Two Consistent Adherences" (adhering to the Party's leadership over state-owned enterprises and On May 24 the Company's Party Committee held a warning education
the establishment of a modern enterprise system). Strengthening the organic integration of Party leadership and corporate governance it has meeting to deeply study and implement General Secretary Xi Jinping's
established and improved a corporate governance structure featuring the Party Committee the Board of Directors and the management team important thoughts on the Party's self-targeted revolution solidlywith “statutorily defined powers and responsibilities transparent authority and accountability coordinated operation and effective checks and advance the study and education on the spirit of the Central Commit-balances”. In accordance with relevant provisions it performs decision-making procedures on major matters including Party building and exer- tee's eight-point frugality code in a down-to-earth manner and
cises pre-review and orientation responsibilities for major operation and management matters so as to translate the Party's propositions and strengthen efforts to promote reform governance and institutional
decisions into the Company’s development strategies work measures conscious actions of employees and tangible results of corporate reform improvement with cases so as to safeguard the high-quality develop-
and development. The Company's Party Committee consistently prioritizes political development taking the important speeches and directives ment of the Company with new achievements in exercising full and
of General Secretary Xi Jinping as the fundamental guide to lead the enterprise toward high-quality development. It strengthens the commit- rigorous governance of the Party.ment to Four Consciousnesses enhances the Four-sphere Confidence and the Two Upholds strengthens political and theoretical training for
Party members and cadres consolidates political loyalty strictly abides by political discipline and improves political capacity. It strictly imple-
ments the two-level system of theoretical study central groups continuously improves the quality of study and seminars and effectively trans-
forms the Party’s innovative theories into practices for promoting the high-quality development of the enterprise.
009 0102025 Environmental Social and Governance (ESG) Report Feature: Strengthening Party Building Empowering High-Quality Development
Case Promotion meeting on cracking down on improper banquets Fulfilling Responsibilities and Serving Community
The Party Committee of Jiamusi Electric Machine Company adheres to arming the mind guiding practice and promoting work with Xi Jinping's
In June 2025 the Party Committee of the Company convened a special thought on socialism with Chinese characteristics in the new era continuously consolidating and strengthening the ideological foundation for
promotion meeting for the centralized rectification of improper ban- striving in the new era. It has formulated the Work Plan for Publicity and Implementation of the Spirit of the Fourth Plenary Session of the 20th
quets. The meeting aimed to further deepen the study and implemen- Central Committee of the Communist Party of China guiding all Party members cadres and employees to align their thinking and actions with
tation of General Secretary Xi Jinping's important expositions on com- the decisions and arrangements of the Party Central Committee and pool their wisdom and strength to fulfill all goals and tasks set at the
bating and preventing corruption report on typical cases of improper Plenary Session. Meanwhile the Company exercises strict Party self-governance in the spirit of reform and with rigorous standards. It has
banquets and violations of the Party's eight-point frugality code and developed a responsibility list for the primary responsibility of full and rigorous Party self-governance and implemented the system whereby
deploy and arrange the Company's centralized rectification work the Party Committee Secretary assumes primary responsibility the Deputy Party Committee Secretary assumes direct responsibility and other
regarding improper banquets. leading group members fulfill dual responsibilities on one position. The Company's Commission for Discipline Inspection has advanced the con-
struction of Party conduct integrity and anti-corruption efforts. It established the Discipline Inspection Office as the daily operational body set
Case Themed Party Day activities to celebrate "July 1st" up disciplinary inspection institutions or assigned full-time or part-time disciplinary inspection personnel in its subordinate enterprises to
achieve comprehensive supervision coverage. Additionally a leading group for the construction of Party conduct integrity and anti-corruption
The Party Committee of the Company meticulously planned a series of Themed Party Day activities for "July 1st." Through special study was established to coordinate system development and task deployment. A Party Committee Inspection Office was also set up to strengthen
sessions revolutionary education and on-the-job practices all Party members were guided to inherit the red gene and carry forward political supervision over directly affiliated Party organizations. Currently the Company has over 760 Chinese Communist Party members form-the revolutionary legacy in the new era and new journey bravely shoulder the missions of the times and development responsibilities ing a Party organization system spanning “horizontal coverage across all areas and vertical penetration through all levels Party Committee-Partyand inject strong impetus from revolutionary traditions into the high-quality development of the enterprise. Branch-Party Group”. All Party branches give full play to their organizational guarantee role with grassroots Party building efforts deeply inte-
grated with core business operations providing strong support for the Company's high-quality development.Themed Party Day commemorating the 80th anniversary of the victory of the
Case Chinese People’s War of Resistance Against Japanese Aggression
To commemorate the 80th anniversary of the victory of the Chinese People's War of Case Strengthening the "Feiqiu" Volunteer Service Team
Resistance Against Japanese Aggression and the World Anti-Fascist War the Compa-
ny's Party Committee organized representatives of the Party trade unions Communist
Youth League and participants of the Young Marxists Training Project (Qingma Project) Jiamusi Electric Machine Company has guided volunteer services
to hold a Themed Party Day at the Northeast Anti-Japanese United Army Sculpture with its "revolutionary legacy" deepening the construction of the
Museum. The activity educated Party members cadres and employees to learn and "Feiqiu" Volunteer Service Team. It has consistently carried out
carry forward the great spirit of the War of Resistance and draw strength for progress public welfare activities such as visiting traffic volunteers assisting
by reflecting on the extraordinary years. nursing homes and special education schools and organizing book
donations and blood drives. Over the past three years volunteers
have contributed a total of 1645 service hours demonstrating the
Case Series of activities for the Party Conduct and Integrity Education Month Company's sense of responsibility and humanistic care as a
state-owned enterprise through tangible actions.The Company thoroughly implemented General Secretary Xi Jinping's important exposi-
tions on combating and preventing corruption combined with the study and education
of the spirit of the Party's eight-point frugality code and carried out a series of activities
under the theme "Strengthening the Foundation of Integrity through Study and Educa-
tion Safeguarding Jiamusi Electric Machine Company's New Journey" during the Party Case Party Member Volunteer Service Day
Conduct and Integrity Education Month. These efforts aimed to foster a clean and
upright political ecosystem and safeguard the Company's high-quality development.Leveraging the "Party-building +" integration initiative Jiamusi Elec-
tric Machine Company organized the ?"Pioneer Action for Develop-
ment" on-the-job practice activity. The Blanking Workshop Party
Case Special lecture – strengthening integrity awareness Branch held a "Party Member Volunteer Service Day" organizing all
Party members to support the front-line production workshop
The Discipline Inspection Commission Office of Jiamusi Electric Machine
enhancing operational efficiency and quality. Through a series of
Company. delivered a lecture titled "Cultivating Integrity from the Start –
Themed Party Day activities Jiamusi Electric Machine Company
A Foundation for Ethical Practice" for newly hired employees of the 2025
further enhanced the Party spirit and sense of responsibility among
cohort and participants of the "Elite Program." The course integrates the
all Party members stimulating their work enthusiasm and creativity.spirit of the Party's eight-point frugality code analyzes integrity risk
points uses cases as a reference and builds a solid ideological defense
line against corruption for young employees.
011 012Strengthening
the Foundation for
Sustainable Development
ESG Management 015
Double Materiality Analysis 016
Stakeholder Engagement 017
Conclusions of Topic Materiality Analysis 018
013 0142025 Environmental Social and Governance (ESG) Report Strengthening the Foundation for Sustainable Development
ESG As a listed company controlled by a central enterprise Jiamusi Electric Machine Company has ESG Operation Mechanism
consistently integrated ESG principles deeply into its strategic planning and the entire process of
Management The Company consistently integrates ESG principles into its operational management and deci-production and operations. It adheres to high-quality Party building to ensure high-quality corpo- sion-making processes. In major project investment decisions social benefits environmental
rate development actively fulfills ESG responsibilities and strives to achieve a harmonious balance impact and compliance risks are considered critical prerequisites for deliberation and deci-
between social and economic benefits. sion-making by the board of directors and management. In financial calculations and value assess-
ments the Company actively encourages investment management personnel to incorporate ESG
The Company actively implements the new development philosophy of innovation coordination
factors into core business indicators balance multiple key variables and continuously improve the
green development openness and sharing integrating these principles into its operations.scientificity prudence and sustainability of investment decisions.Through efforts and practices in work safety intelligent manufacturing technological innovation
environmental protection corporate governance and talent development the Company promotes
ESG Performance Management
high-quality development contributing to society while achieving environmentally friendly opera-
tions. When conducting internal control effectiveness assessments the Company strictly follows relevant
regulatory requirements incorporating ESG responsibilities into the evaluation system. It focuses
ESG Management System on identifying and assessing ESG-related risks and proposes optimization measures for internal
To further enhance its ESG governance structure the Company strictly complies with laws and control weaknesses. Simultaneously the Company has established a regular stakeholder commu-
regulations including the Company Law of the People's Republic of China the Code of Corporate nication mechanism actively soliciting opinions and suggestions from all parties to continuously
Governance for Listed Companies the Basic Norms for the Internal Control of Enterprises and the enhance its ESG governance capabilities.Shenzhen Stock Exchange's Self-Regulatory Guidelines for Listed Companies No. 1 – Standardized
Operation of Main Board Listed Companies and Self-Regulatory Guidelines No.17 for Companies Double Materiality The Company has continuously improved its double materiality analysis mechanism for ESG issues.Listed on Shenzhen Stock Exchange – Sustainable Development Report (Trial). In accordance with Following the process of "background research-issue list establishment-materiality assessment and
the Company's Articles of Association and its actual operations the Company has formulated and Analysis confirmation-issue report formulation" the Company performs dual materiality assessment prioriti-
implemented the ESG Management System which has been reviewed and approved by the Board zation and screening focusing on the two key dimensions: "financial materiality" and "impact
of Directors and publicly disclosed marking a new phase of systematic and standardized ESG materiality".management. The ESG Management System defines three core elements: clarifying the definition
and principles of ESG governance establishing a three-tier working coordination mechanism com-
prising decision-making body – management body – execution body and standardizing ESG infor- 01 02 03 04
mation disclosure and reporting management. The Company strictly follows regulatory require-
ments to establish processes for ESG information collection risk assessment data verification and
report preparation regularly publishing high-quality sustainability reports to enhance ESG informa- Conduct Background Research Establish an Issue List Assess and Confirm Materiality Formulate Issue Report
tion transparency and credibility.We identify major trends Through communication We conduct assessment of The analysis processes
relevant to the Company with stakeholders includ- financial materiality and methods and conclusions
through industry research ing the Group's manage- impact materiality. Taking a re s ummar i zed and
Board Decision-making body Responsible for reviewing and approving the Company's ESG manage- and recognize potential ment in-house and exter- into account national poli- reported to the Company's
of Directors ment system and finalizing the Environmental Social and Governance issues by combining the nal experts directly affiliat- cies capital market focus management to confirm
(ESG) report. Company's business char- ed entities employees and peer performance we the key disclosure issues
Responsible for understanding stakeholder demands and suggestions acteristics national poli- clients and suppliers we generate the analys is of this report as well as
Working body coordinating internal and external collaboration efforts researching cies and focal points of fully collect their opinions results of material issues. the objectives and imple-Securities Department
and identifying material topics and guiding daily ESG operations and the capital market. on material issues identify mentation plans for future
the preparation of ESG reports. impacts risks and oppor- ESG management.tunities and compile an
Executive body Responsible for implementing various ESG initiatives in accordance with the issue list.All functional departments Company’s unified arrangements and regularly submits work progress and
and subsidiaries results.
015 0162025 Environmental Social and Governance (ESG) Report Strengthening the Foundation for Sustainable Development
Stakeholder Jiamusi Electric Machine Company places great emphasis on the concerns of its stakeholders and Conclusions of During the reporting period the Company identified 21 issues with materiality comprising 5 with
recognizes that addressing their reasonable needs is key to achieving sustainable development
Engagement and building a responsible corporate image. By analyzing the Company's business relationship Topic Materiality
financial materiality and 7 with impact materiality. Based on the above materiality assessment
results the Company prepared the 2025 materiality matrix as shown in the following figure.network and considering the business scenarios encountered during operations the Company has Analysis
identified six main stakeholder groups: government/regulatory authorities shareholders/investors
employees customers suppliers and the public.Stakeholder Types Issues of Concern Methods of Response Communication Frequency
Very
Daily work meetings
Compliance management Regular important
Information disclosure Anti-commercial bribery and anti-corruption Climate change response
Tax compliance Regular/Ad hoc Anti-unfair competition
and reporting
Government Optimizing governance Regular Supply safety
bodies/supervisory Regular reportingstructure Regular/Ad hoc Stakeholder engagement
authorities Special topic meeting Social contribution
Data security and customer
privacy protection
Occupational health and Information disclosure
assurance Regular/Ad hocShareholders' meeting
Care for employees' lives Regular/Ad hocInvestor research visits
Career development Ad hocCommunication and Q&A on
Shareholders/investors Compensation and benefits Ad hocinteractive platforms
growth
Occupational health and Waste disposal Environmental compliance management
All-employee meetings
assurance Regular/Ad hoc Ecosystem and biodiversity conservation Employee
Complaint and feedback
Care for employees' lives Regular/Ad hoc Energy utilization Product and service safety and quality
channels
Career development Ad hoc Water resource utilization Innovation-driven
Employee care activities
Employee Compensation and benefits Ad hoc Pollutant emissions
Employee cultural events
growth Circular economy
Rural revitalization
Technology ethics
Product and technological Equal treatment of SMEs
Daily communication Regular/Ad hoc
innovation Due diligence
Regular visits Regular
Providing quality services
Client Satisfaction Surveys Regular
Clients Ensuring timely delivery
Integrity and compliance
Less Very important
in collaboration Qualification review
Annual important Importance to the Company's Financial Performance
Timely settlement of Regular communication
Ad hoc
transactions and training
Ad hoc
Suppliers Fair and equitable Promoting green supply
transactions
Providing employment
opportunities Community co-development Ad hoc
Public welfare and volunteer Volunteer activities Ad hoc
Community services
017018
Importance to Economic Social and Environmental ImpactsBuilding a Solid Foundation
through Compliance
Charting a Long-Term Future
Strengthening Governance Enhancing 021
Management Effectiveness
Precise Risk Control Safeguarding 025
Steady Development
Upholding Compliance Adhering to 027
Operational Red Lines
Integrity in Action Strengthening the Foundation
of Business Ethics 028
019 0202025 Environmental Social and Governance (ESG) Report Building a Solid Foundation through Compliance Charting a Long-Term Future
Strengthening Governance In 2025 the Company revised its Articles of Association three times amended 39 existing systems
and introduced 10 new systems. These measures further standardized the deliberation activities of
Enhancing Management Effectiveness various governance bodies ensuring their lawful and effective performance of duties and gradual-
A sound corporate governance structure is an important foundation for enterprises to achieve high-quality and sustainable development. Jiamu- ly achieving institutionalized standardized and proceduralized governance.si Electric Machine Company consistently and strictly adheres to laws and regulations such as the Company Law of the People's Republic of Directors and Board of Directors
China the Securities Law of the People's Republic of China the Basic Norms for the Internal Control of Enterprises the Rules Governing the
Listing of Shares on the Shenzhen Stock Exchange the Shenzhen Stock Exchange's Self-Regulatory Guidelines for Listed Companies No. 1 – As the core hub of corporate decision-making the sustained effectiveness of the Board of Direc-
Standardized Operation of Main Board Listed Companies as well as the requirements of the Company's Articles of Association. The Company tors is key to improving the modern enterprise system with Chinese characteristics. Jiamusi Elec-
continuously strengthens its corporate governance strategies and maintains the operation of a standardized and efficient governance structure. tric Machine Company closely aligns with the latest requirements of regulatory bodies such as the
The Company continues to deepen the compensation management and assessment mechanisms for directors and senior management contin- State-owned Assets Supervision and Administration Commission and the China Securities Regula-
uously consolidating a scientific comprehensive and efficient governance model and strives to lay a solid foundation for the steady develop- tory Commission precisely adhering to the board of directors' responsibilities of "setting strategies
ment of the enterprise. making decisions and preventing risks." The Company has designated the deepening of Board
development and the implementation of the Board's powers as key annual tasks fully empowering
Company Governance Structure its long-term high-quality development.Jiamusi Electric Machine Company thoroughly implements the core principles of the modern state-owned enterprise system with Chinese char-
acteristics continuously improves the corporate governance system based on the Company's Articles of Association and the "1+N" model and Jiamusi Electric Machine Company strictly selects directors in accordance with the provisions of the Com-
further clarifies the boundaries of authority and responsibility among various governance entities. pany's Articles of Association. Directors serve a term of three years and may be re-elected upon term expi-
Appointment procedures ration. Before a director's term expires the Shareholders' Meeting shall not remove them without cause.The Company continuously strengthens the modern corporate governance structure composed of the shareholders' meeting the board of The term of office for independent directors is the same as that of other directors of the Company. They
directors and its specialized committees and the management team. It strictly carries out all work in accordance with the Company's Articles may be re-elected upon the expiration of their term but consecutive service shall not exceed six years.of Association resolutely ensures the complete independence of production operation and office institutions from the controlling shareholder
and iteratively upgrades the scientific standardized and efficient decision-making and operational mechanisms.The Company continuously deepens the review of its governance system dynamically conducts scientific evaluations of system development
implementation and effectiveness closely tracks the latest trends in legal and regulatory amendments and promptly introduces new regula- The Company has a Board of Directors composed of eight directors including one Chairman and one Vice
tions such as the Special Meeting System for Independent Directors and the Independent Director Work System of the Company further con- Chairman (if applicable). The Chairman and Vice Chairman are elected by the Board of Directors with the
solidating the foundation of a systematic scientific standardized and effectively operating management system. Composition approval of more than half of all directors forming a clear structure with well-defined responsibilities. The
current Board members possess professional expertise in multiple fields including electrical engineering
finance and law and all have extensive industry experience.Shareholders’ Meeting
As the core body of corporate governance the Board of Directors is composed of eight directors who
jointly perform their duties with the Chairman and Vice Chairman leading the Board's work. Directors
Functions enjoy job protection during their term of office ensuring they can independently and fairly participate in
Board of Directors the deliberation and decision-making of major company matters safeguarding the legitimate rights and
interests of the Company and its shareholders.Board Secretary
To continuously strengthen the Company's governance foundation of "setting strategy making
decisions and preventing risks" the Board relies on five special committees - Remuneration and
Assessment Audit and Risk Nomination Strategy and Technology and Sustainable Development -
Audit and Risk Committee Nomination Strategy and Technology Remuneration and Sustainable Development to establish a comprehensive professional support system. The Company regularly conducts
Committee Committee Appraisal Committee Committee preliminary research and review by special committees on Board meeting topics solidly imple-
menting a full-coverage mechanism for Board deliberation topics. By strengthening professional
Management Level demonstration and risk assessment before decision-making the Company has effectively enhanced
the precision and operational efficiency of the Board's scientific decision-making. In 2025 the
Board of Directors meeting reviewed and approved the Implementation Rules for the Board Sus-
Audit and Supervision Party Building Economic Operations HR Department Securities Department tainable Development Committee further clarifying the environmental social and governance
Department Department Department
responsibilities that should be fulfilled during business development. This precisely aligns with the
Company's strategic development needs and by consolidating the governance structure and com-
prehensively establishing a sound sustainable development management system the Company has
achieved a qualitative improvement in governance effectiveness.
021 0222025 Environmental Social and Governance (ESG) Report Building a Solid Foundation through Compliance Charting a Long-Term Future
The Company regularly organizes various investor exchange activities effectively carrying out communication with investors and disseminating
According to the Company's Articles of Association and the Rules of Procedure for the the Company's value in the capital market. Through shareholder meetings earnings briefings analyst meetings investor reception days on-site
investor visits and other activities the Company leverages both online and offline channels as well as its corporate hotline and interactive plat-
Appointment procedures Board of Directors members of the special committees are all directors and the election of forms to communicate with investors in a timely and effective manner listen to investor opinions and suggestions promptly responding to
special committees requires approval by the Board of Directors. investor inquiries and fostering two-way communication between the market and the Company.Board Remuneration and Appraisal Committee: Responsible for formulating appraisal standards for Case "May 15 National Investor Reception Day" event
directors and senior management conducting appraisals and formulating and reviewing compensation
policies and plans. It coordinates the management of equity incentive plans employee stock ownership In May 2025 during the National Investor Protection Awareness
plans and equity arrangements for spin-offs. It evaluates improves and oversees the Company's overall Day period Jiamusi Electric Machine Company held an investor
compensation system performance evaluation system and disclosure implementation and makes recom- reception day themed "Seeking Progress While Maintaining Stabil-
mendations to the Board on related matters. ity Advancing Stability Through Progress." The event invited over
ten institutional investors to visit the Company's exhibition hall
Board Audit and Risk Committee: Responsible for reviewing the Company's financial information and its
and the high-voltage motor digital assembly workshop on-site
disclosure and supervising and evaluating internal and external audit work. It guides the establishment and
followed by a dedicated exchange meeting where the Company
improvement of the Company's risk internal control and compliance management systems reviews major
detailed its strategic planning operational performance and tech-
risk management strategies and compliance systems. It specifically promotes the Company's legal affairs
nological innovation achievements. The event effectively
construction and supervises the management's compliance with laws and regulations. It exercises the func-
enhanced investors' recognition of the Company's technical
tions of the Board of Supervisors as stipulated by the Company Law and makes recommendations to the
strength and investment value tangibly improved the Company's
Board on related matters.capital market image and demonstrated its governance practice
Board Nomination Committee: Responsible for formulating selection criteria and procedures for directors of continuously optimizing investor relations management and
Functions
and senior management and for selecting and reviewing candidates and their qualifications. It makes strengthening value communication. In 2025 the Company held
recommendations to the Board on matters such as director nominations or removals and the appointment three briefing sessions for investors.or dismissal of senior management.Board Strategy and Technology Committee: Primarily responsible for researching and making recom-
mendations on the Company's medium and long-term development strategy technology innovation plan Investor Relations Management Measures
and annual work plan. It studies and advises on matters requiring Board approval such as major invest-
ments and financing capital operations asset management technology introduction and transformation
and research project establishment. It inspects and evaluates the implementation of related matters risk
management and financial data.Establishing a tiered responsibility systemBoard Sustainable Development Committee: Primarily responsible for guiding the assessment of the A three-tier management structure has been established - “Chairman (Primary Responsible Person) - Board Secre-Company's sustainable development (ESG) strategic planning expected goals policies and related risks tary (Overall Coordination) - Securities Department (Specific Execution)” with clear roles and responsibilities and
and opportunities. It conducts research analysis and evaluation on ESG-related matters makes corre- seamless inter-level coordination consolidating the organizational foundation for investor relations management.sponding recommendations and is responsible for reviewing the Company's ESG report and reporting to
the Board.Strengthening collaborative support mechanisms
Investor Relations Management The roles of the controlling shareholder actual controller and all directors supervisors and senior management in
providing information sharing and resource coordination support for the Board Secretary's duties have been clearly
Investor relations management is a core component of corporate governance and a crucial bridge for achieving synergy between corporate defined enhancing governance synergy and ensuring the efficient and coordinated execution of investor relations
value and investor interests. In strict accordance with laws and regulations such as the Guidelines for Investor Relations Management of Listed work.Companies and based on the actual operational development of the Company Jiamusi Electric Machine Company continuously optimizes and
rigorously implements institutional systems such as the Investor Relations Management System Information Disclosure Management System
and Accountability System for Major Error in Annual Report Information Disclosure. This continuously strengthens the standardized foundation Deepening the construction of professional capabilities
of investor relations management and information disclosure providing solid institutional guarantees for enhancing governance transparency. The cultivation of investor relations talent has been incorporated into regular management. In 2025 the Securities
Department organized 10 internal specialized training sessions and participated in 17 external remote training
The Company adheres to investor demand as the guiding principle diligently advances investor relations management and effectively safe-
sessions systematically enhancing the team's professional expertise and striving to build a versatile investor rela-
guards investors' rights to information participation and supervision through practical measures such as maintaining diverse communication
tions team with strong business acumen and communication skills.channels improving the quality and efficiency of information disclosure and ensuring investor participation in major decision-making. The Com-
pany actively fosters an open transparent and mutually trusting investor relations ecosystem continuously enhancing market credibility and
value recognition. This builds broad capital market consensus for the Company's high-quality development demonstrating the governance
commitment of a responsible listed company.
023 0242025 Environmental Social and Governance (ESG) Report Building a Solid Foundation through Compliance Charting a Long-Term Future
Protection of Shareholder Rights The Company has established a Risk Control and Compliance Management Committee which is fully responsible for the Company's risk con-
trol and compliance management affairs. The Legal Compliance Department has set up a Comprehensive Risk Management Office as the daily
Jiamusi Electric Machine Company consistently prioritizes the protection of shareholders' legitimate rights and interests as a core principle of
working body of the Company's comprehensive risk management executive leadership group to advance the construction of the internal con-
corporate governance. In strict compliance with laws and regulations such as the Rules Governing the Listing of Shares on the Shenzhen Stock
trol system. The Audit and Supervision Department independently exercises the function of inspecting and evaluating internal control manage-
Exchange the Rules for Shareholders' Meetings of Listed Companies and the Shenzhen Stock Exchange's Self-Regulatory Guidelines for Listed
ment. The Company has established an integrated management model encompassing "legal compliance risk and internal control" creating a
Companies No. 1 – Standardized Operation of Main Board Listed Companies the company has systematically revised the Rules of Procedure
mechanism for the integration of these four areas. Management functional departments such as legal audit finance and economic operations
for Shareholders' Meetings. This revision focuses on strengthening shareholders' rights to information participation and voting particularly for
operate in a coordinated manner forming a mutually integrated and highly efficient internal control and supervision system.minority shareholders regarding major corporate matters. By refining procedural norms for key aspects such as the convening of shareholders'
meetings proposal submission voting and resolution adoption the revision ensures an open fair and transparent decision-making process. It The Company has established a closed-loop management mechanism for major risks improving the full life-cycle management system cover-
effectively safeguards the legitimate rights and interests of all shareholders laying a solid institutional foundation for the continuous standard- ing identification assessment response monitoring and acceptance of major risks. Through annual unified planning and responsibility assign-
ization and enhanced efficiency of corporate governance. ment quarterly tracking and monitoring with ledger management mid-term irregular follow-ups and guidance as well as summary acceptance
and effectiveness evaluation the Company ensures that major risk responses achieve tangible results. Based on the results of risk assessments
The Company's shareholder meeting strictly implements the cumulative voting system in director elections clearly stipulating that each share
and in consideration of risk tolerance balancing risks and returns all units of the Company comprehensively apply risk response strategies such
carries voting rights equal to the number of directors to be elected. Shareholders may independently decide to concentrate their voting rights
as risk avoidance risk reduction risk sharing and risk acceptance to achieve effective risk management. By combining preventive controls with
on one or multiple candidates. Simultaneously the board of directors in accordance with the law publicly announces the resumes and basic
detective controls the Company implements control measures including segregation of incompatible duties authorization and approval con-
information of director candidates to all shareholders effectively safeguarding shareholders' rights to information and voting in director elec-
trols accounting system controls asset protection controls strategic execution and budget controls operational analysis controls and perfor-
tions thereby further strengthening the standardized and equitable foundation of the Company's governance.mance evaluation controls ensuring that risks are kept within an acceptable range.In 2025 the Company conducted investor relations management activities such as the 3.15/5.15 events and held a total of three earnings
No major risk incidents occurred during the reporting period.briefings.
2022–2025 Key Governance Meetings Held by the Company
Indicator Unit 2022 2023 2024 2025 In accordance with the Internal Control Management Measures the Company systematically and con-
tinuously collects relevant information. Through the three steps of risk identification risk analysis and
Shareholders' meeting Times 6 3 5 4 Risk identification risk evaluation it accurately identifies internal and external risks related to achieving control objec-
tives assesses corresponding risk tolerance and formulates management measures for the top ten
Strategy and Technology Committee meeting Times 1 4 7 9 risks adjusting monitoring and early warning indicators for targeted prevention and control.Audit and Risk Committee meeting Times 5 7 7 10
Remuneration and Appraisal Committee meeting Times 4 6 7 6
A Risk Monitoring and Early Warning Indicator Table has been established for daily risk monitoring
with monitoring results reported monthly. When indicators breach thresholds the Company promptly Risk monitoring and
Nomination Committee meeting Times 1 5 5 6
analyzes the causes assesses the impact and takes measures. early warning
Precise Risk Control
Safeguarding Steady Development
The Legal Compliance Department continuously monitors and tracks identified risk events regularly
In its development process Jiamusi Electric Machine Company has consistently prioritized risk prevention and control. The Company has deep- updating progress. For issues identified during the handling of risk events and business risks encoun-Risk tracking
ened the advancement of comprehensive risk management systematically optimized its internal control system and effectively strengthened its tered in daily operations it issues risk reminder letters to promote the proper resolution of risk events.risk resilience. It accurately identifies effectively prevents and steadily resolves major risks faced by the enterprise providing strong support for For risk events that have been resolved it promptly concludes and closes the loop.the continuous improvement of its management capabilities.Risk Management For different risks the Company selects different strategies - risk avoidance transfer mitigation or
acceptance - to reduce risk losses. It adopts various measures formulates plans and lists and
In compliance with regulatory requirements such as the Guidelines for Comprehensive Risk Management of Central Enterprises and the Basic
updates response measures quarterly based on actual conditions. The Comprehensive Risk Manage-
Norms for the Internal Control of Enterprises Jiamusi Electric Machine Company has established institutional documents including the Compa- ment System and the Detailed Rules for Comprehensive Risk Management Implementation developed Risk control
ny Comprehensive Risk Management System and the Detailed Rules for Comprehensive Risk Management Implementation. The Company by the Company specify the principles methods and categorized handling procedures for risk events.adheres to integrating comprehensive risk management into daily operations continuously improves dynamic risk monitoring and early warning Risks are managed at different levels according to major significant and general risks with special
mechanisms conducts precise risk identification and assessment efficiently completes reporting of major operational risk events and imple- management for incidents and emergency response.ments various risk control measures in a closed-loop manner thereby solidly building a safety line for the Company's high-quality development.
025 0262025 Environmental Social and Governance (ESG) Report Building a Solid Foundation through Compliance Charting a Long-Term Future
Internal Control Compliance Management System
The Company consistently adheres to the core objective of "strengthening internal control preventing risks and promoting compliance" and Jiamusi Electric Machine Company thoroughly implements the requirements of the SASAC's Measures for the Compliance Management of
deeply integrates internal control into the Company's "comprehensive supervision" system. Strictly in accordance with laws and regulations Central Enterprises and the Opinions on Further Deepening the Construction of Central Enterprises under the Rule of Law. It adheres to the
such as the Company Law of the People's Republic of China and the Basic Norms for the Internal Control of Enterprises the Company system- "four principles" improves the "five systems" continuously deepens the integrated management model covering "legal compliance risk and
atically formulates and implements institutional norms including the Internal Audit Management Measures Economic Responsibility Audit Man- internal control" and systematically enhances the five major capabilities of law-based corporate governance. The Company has established a
agement Measures and the Management System for Accountability in Cases of Irregular Business Operations and Investments. It continuously multi-level compliance management structure and accountability system clearly defining compliance responsibilities at each level providing a
optimizes the criteria for identifying internal control deficiencies risk assessment and compliance evaluation establishing a comprehensive and solid institutional guarantee for compliant and stable operations across all business processes.clearly operable internal control management framework supported by a "1+N" institutional system thereby solidifying the foundation of corpo-
rate governance. The Company systematically formulates and improves institutional norms such as the Internal Control Manual the Internal Control and Supervi-
sion Management Measures for Funds the Company System Management Regulations the Internal Control Evaluation Management Measures
The Company has established an internal control organizational structure with clearly defined responsibilities and efficient operation: The Audit and the Rules and Regulations Management Measures. It optimizes the template and logical structure of rules and regulations ensuring their
and Risk Committee under the Board of Directors is responsible for reviewing financial information disclosure supervising internal and external content is scientifically sound clearly structured and highly operational effectively improving the quality and efficiency of institutional develop-
audits and monitoring the operation of the internal control system. The Audit and Supervision Department independent from business lines is ment. Simultaneously the "1+N" compliance risk management system has been consolidated to strengthen the foundation of compliance man-
dedicated to performing internal control inspection evaluation and overseeing deficiency rectification. The Legal Compliance Department agement.which houses the Comprehensive Risk Management Office as the day-to-day working body of the comprehensive risk management executive
leadership group coordinates risk identification assessment and internal control system development ensuring that oversight functions are The Company focuses on promoting connectivity and synergy among the "three lines of defense" deepening the application of the "three lists"
independent professional and effective. management tools achieving precise identification and proactive prevention of compliance risks. It dynamically updates the compliance risk
database for key areas guiding and supervising subsidiaries to improve risk identification and early warning mechanisms ensuring early detec-
The Company has innovatively established an integrated management model covering "legal compliance risk and internal control" functions tion early warning and early handling of risks thereby establishing a closed-loop compliance management system with robust organization
creating a cross-departmental integration mechanism. This promotes efficient coordination information sharing and shared responsibility standardized processes and efficient operation.among functional departments such as legal audit finance and economic operations forming an interconnected and synergistic internal con-
trol oversight force achieving seamless integration of management requirements and execution. Compliance Management Development
The Company has established a scientific risk early warning indicator system strengthening the regular monitoring of key risk indicators. It has The Company continuously advances the digitalization of compliance management leveraging its legal compliance and risk control informa-
improved mechanisms for reporting major risk events and emergency response formulating specific response plans to effectively prevent the tion system to comprehensively enhance the digital review level of contracts systems and major decisions. In 2025 the Company completed
spread and accumulation of risks. For internal control deficiencies identified during supervision and inspection a full closed-loop management legal review of over 4000 commercial contracts strictly maintaining legal review standards and strengthening risk control at key junctures.process of "identification – rectification – verification – feedback" is implemented ensuring timely correction of issues and continuous optimiza-
tion of mechanisms. The Company is committed to fostering a corporate culture of "compliance law-abiding integrity and trustworthiness." In 2025 the Company
organized 6 specialized legal training sessions and carried out themed promotional activities such as the Constitution Awareness Week through
Through systematic advancement in institutional improvement organizational support mechanism coordination and dynamic control the Com- WeChat official accounts and other platforms promoting the integration of compliance concepts into daily operations and translating them into
pany has significantly enhanced the standardization and effectiveness of its internal control and risk management systems. This not only action making compliance awareness a shared consensus and code of conduct for all employees and solidifying the cultural foundation for
strengthens the safety barrier for risk prevention and control but also robustly supports the modernization of management capabilities provid- the Company's high-quality development.ing a solid guarantee for the Company's high-quality and sustainable development.Upholding Compliance Integrity in Action
Adhering to Operational Red Lines Strengthening the Foundation of Business Ethics
Jiamusi Electric Machine Company has thoroughly implemented the various work arrangements of the State-owned Assets Supervision and Anti-commercial Bribery and Anti-Corruption
Administration Commission of the State Council regarding compliance management construction for central enterprises. It continuously deep-
Jiamusi Electric Machine Company consistently regards anti-commercial bribery and anti-corruption as a crucial aspect of modern corporate
ens the construction of its compliance management system optimizes and improves its compliance management organizational structure and
governance. It fully integrates anti-commercial bribery and anti-corruption requirements into its governance structure strategic planning and
collaboratively advances compliant business operations ensuring the Company's high-quality development through efficient compliance man-
overall operations proactively recognizing their core value in safeguarding the Company's integrity protecting assets and maintaining stake-
agement.holder trust. It leverages its clean and compliant image to enhance brand value and long-term development fulfilling its responsibilities to
investors and society.Indicator Unit 2025 2024 2023
The Company strictly adheres to Party discipline and national laws including the Constitution of the Communist Party of China the Regulations
of the Communist Party of China on Disciplinary Actions the Regulations on Supervision and Discipline Inspection Work of Discipline Inspection
Number of major litigation arbitration and other risk events Cases 0 0 0 Organs of the Communist Party of China the Accountability Regulations of the Communist Party of China and the Law on Governmental
Sanctions for Public Employees of the People's Republic of China. It also follows internal regulations such as the Notice on the Redefinition of
Number of regulatory penalties and total amount of fines paid RMB 10000 0 0 0 the Scope of Acceptance and Methods for Reporting Petitions and Complaints (HDJDJF [2020] No. 6) ensuring open reporting channels and
strengthening the closed-loop management of accountability. Adhering to a "zero-tolerance" stance against corruption the Company deepens
Serious violations of laws and regulations by the Company and its legal representatives Times 0 0 0 the construction of mechanisms to ensure officials "dare not cannot and do not want to" engage in corrupt practices promoting the internal-
ization and implementation of integrity culture and building a solid ethical foundation for the Company's high-quality development.
027 0282025 Environmental Social and Governance (ESG) Report Building a Solid Foundation through Compliance Charting a Long-Term Future
2025 meeting on Party conduct integrity building and anti-corruption & Anti-unfair Competition
Case warning education conference
The Company adheres to the principle of fair competition upholds a sound business ecosystem and its core values. It internalizes anti-unfair
In 2025 the Company consistently adhered to political guidance with the practical outcomes of the Two Upholds fully demonstrated. competition as an important guideline a binding constraint and an inherent logic for regulating its business conduct and enhancing corporate
The "Top Priority" system was strictly implemented with follow-up studies conducted on 110 important speeches instructions and direc- governance quality thereby protecting its own brand reputation and safeguarding the legitimate rights and interests of stakeholders such as
tives from General Secretary Xi Jinping. The Party Committee's theoretical study center group organized 17 collective study sessions and investors and consumers contributing to the maintenance of a fair and orderly market environment.
14 special seminars. The Company staged targeted warning education meetings at all levels and conducted integrity talks with newly
appointed leading personnel under the management of the Company’s Party Committee and those in key sectors further strengthening The Company strictly complies with laws and regulations such as the Anti-Monopoly Law of the People's Republic of China and the Anti-Unfair
warning and education. Competition Law of the People's Republic of China. Drawing on the dedicated anti-unfair competition section of its Integrity and Compliance
Manual it provides clear and actionable behavioral guidelines for all employees. On this basis the Company unequivocally opposes unfair com-
petition practices such as false advertising monopolistic behavior and misappropriation of trade secrets. It strictly prohibits securing business
opportunities or harming the legitimate rights and interests of other business operators through means that violate business ethics effectively
maintaining a fair and honest market order safeguarding the legitimate rights and interests of customers and partners and continuously rein-
forcing the foundation for high-quality development through integrity-driven operations.The Company has deepened anti-monopoly and anti-unfair competition compliance management systematically integrating it into the respon-
sibilities of the compliance department. It has dynamically optimized a full-cycle risk management mechanism covering legal tracking compli-
ance system development risk assessment compliance review and special training. In business execution the Company strictly enforces
responsible sales and marketing standards regulating compliance practices of sales subsidiaries business and product teams across business
development and contract management. It ensures truthful accurate and complete information at key nodes including market expansion client
sales and product labeling maintaining fair competition through standardized and transparent business practices and protecting the legitimate
rights and interests of the Company and its stakeholders.During the reporting period the Company was not subject to any lawsuits or material administrative penalties due to unfair competition prac-
tices.The Company places great emphasis on enhancing all employees' awareness of preventing risks related to
In line with the Opinions on Strengthening the Construction of a Culture of Integrity in the New Era the Company consolidated the ideological Anti-unfair competition unfair competition. It organizes Fair Competition Policy Awareness Weeks and compliance training sessions
foundation for integrity built a solid ideological line of defense against corruption and led the development of a culture of integrity. In 2025 education and promptly shares relevant regulations and case studies for learning fostering a positive atmosphere
the Company launched 2 rounds of routine inspections and advanced the integrated approach of ensuring that officials "dare not cannot and where employees learn understand and abide by the law.do not want to" engage in corruption fostering a sound environment for high-quality development.Indicator Unit 2025
The Company has specifically strengthened anti-unfair competition governance among its suppliers
embedding compliance requirements into the full lifecycle of supplier access collaboration and assess-
Training duration of anti-commercial bribery and anti-corruption training sessions Hours 8 ment. Through the Compliance Commitment Letter suppliers' compliance obligations in key areas such as
Supplier supervision
anti-commercial bribery anti-monopoly anti-false advertising and anti-misappropriation of trade secrets
Coverage of anti-commercial bribery and anti-corruption training % 100 and governance are clearly defined. The Company implements precise oversight during qualification review transaction
performance and other stages strictly preventing unfair competition practices and jointly building an
honest fair and sustainable supply chain ecosystem in collaboration with its partners.
029 030Adhering to Lean
Excellence Empowering
Value Growth
Innovation Engine Digital Intelligence 033
Empowering Value
Crafting Premium Products Steering 036
Industry Development
Excellent Service Safeguarding Customer 039
Rights
Leading the Industry Uniting to Advance 041
Together
031 0322025 Environmental Social and Governance (ESG) Report Adhering to Lean Excellence Empowering Value Growth
Innovation Engine Industry-University-Research Collaborative Innovation
Digital Intelligence Empowering Value
The Company deepens industry-university-research collaborative innovation establishing long-term partnerships with Harbin Institute of
Innovation-Driven Development Technology Shenyang University of Technology and Harbin University of Science and Technology. It successfully passed the accep-
tance of two major group projects: "Research on Helium Compressor and Control System for High-Temperature Gas-Cooled Reactors"
Governance
and "Research on Green Recycling Re-manufacturing and Operational Reliability Improvement of Motors". Meanwhile it completed
The Company has established a comprehensive technological innovation governance system reinforcing the top-level design for innovation Market Forecast Report for Large Motors Used as Core Equipment in Polypropylene Plants. The Company holds qualifications such as
development ensuring that innovation work progresses in a standardized and orderly manner and achieving standardization and normalization the National Engineer Research Center of Explosion Proof Motor and Intellectual Property Advantage Enterprise and is equipped with
in innovation governance. internationally advanced motor design and analysis systems covering motor design applications across all fields. In collaboration with
Tsinghua University it has conducted research on the full life cycle of re-manufactured motors as well as modal and excitation studies.The Company has formulated and implemented 12 core management systems including the Measures for the Science and Technology Work
It has completed the establishment of typical motor models and successfully re-manufactured five motors for Sinopec Yanshan Petro-
Management Measures for the Management of Technology Contracts and Measures for the Management of the Science and Technology Com-
chemical which are now operating stably. The Company continues to explore new opportunities for industrial development achieving
mittee. These cover the entire process of scientific research project management science and technology awards fault tolerance mechanisms
resource sharing and mutual benefits between the university and the enterprise.achievement transformation and patent protection providing clear institutional guidelines for scientific and technological innovation and ensur-
ing that innovation activities are law-abiding compliant and efficiently implemented.The Company has established a Science and Technology Committee which undertakes core responsibilities such as implementing relevant
Technological Innovation Achievements
science and technology laws and regulations formulating technology development policies reviewing medium- and long-term plans and evalu-
ating major technical solutions providing professional support for innovation decision-making. The Company adopts a dual-headquarters model The Company's innovative achievements have been widely applied across multiple fields with several high-end motor products achiev-
of "Jiamusi Technology Headquarters + Advanced Motor CYD" operating under the principle of "distinct focuses and mutual complementarity" ing successful application and recognition: the high-power variable-frequency positive pressure enclosure brush-less excitation synchro-
to optimize the allocation of innovation resources. At the same time the Company cultivates a cluster of high-tech enterprises. Four entities nous motor TZYW12000-6 12000 kW and the increased safety positive pressure enclosure high-voltage three-phase asynchronous
including its subsidiaries Jiamusi Electric Machine Company Limited and Suzhou Jiamusi Electric Permanent Magnet Motor Technology Compa- motor YAKS/YZYKS900-4 10500 kW have been put into practical application and recognized as the first-of-its-kind products in
ny Limited are all high-tech enterprises solidifying the foundation of its innovation entities. Heilongjiang Province; the first unit of the main helium blower for the CX project has been delivered and all eight helium compressor
In terms of talent and incentive mechanisms the Company cultivates introduces and makes full use of talents in an all-round way strengthens units have arrived at the nuclear power site with the "Helium Compressor System for the 600MW High-Temperature Gas-Cooled Reac-
the development of a team of leading scientific and technological talents and accelerates the cultivation of talent echelons. It implements three tor Demonstration Project" recognized as a first-of-its-kind product by the National Energy Administration; the explosion-proof
major mechanisms: science and technology awards an open competition mechanism for key projects and fault tolerance for scientific and three-phase asynchronous motors YBX5 160L-4 15kW and YBX5 280M-2 90kW have been included in the Ministry of Industry and
technological innovation. The Company holds scientific and technological innovation conferences to commend teams and individuals with Information Technology's energy-saving product catalog.outstanding contributions fostering an innovation culture that encourages exploration honors success and tolerates failure and stimulating The scientific research achievement of the "ASG Nuclear Motor Indigenous Development Project" submitted by the Company won the
innovation vitality across the Company. third prize in the first "Youth Innovation Cup" Youth Science and Technology Innovation Competition of Harbin Electric; subsidiaries
Strategy Jiamusi Electric Machine Company Limited Suzhou Jiamusi Electric Permanent Magnet Motor Technology Company Limited Jiamusi
The Company coordinates and advances all scientific and technological initiatives in strict accordance with the 14th Five-Year Plan for Science Jiadian Electric Motor Operation and Maintenance Technology Co. Ltd. and Harbin Electric Advanced Motor Technology Co. Ltd. were
and Technology Development focusing on breakthroughs in core motor technologies and product upgrading while laying out frontier technolo- awarded the title of high-tech enterprises; in 2025 the Company's "Quality Management Experience in Digital Intelligence-enhanced
gy research and industrial application transformation ensuring that innovation efforts are aligned with the Company's overall development strat- High-Voltage Motor Intelligent Manufacturing" was recognized as a quality benchmark in Heilongjiang Province; "Experience in Enhanc-
egy. Its long-term vision centers on building a green low-carbon high-end and digital technology system as the core driver of high-quality ing Whole-Process Quality Management for Digital Intelligence-enhanced High-Voltage Motor Manufacturing " was successfully includ-
development. The Company strives to achieve high-level self-reliance and self-improvement in science and technology and push motor tech- ed in the "2025 Quality Benchmark Typical Experience List"; the Company was also honored with the "Heilongjiang Provincial Govern-
nology and integrated electric drive system technology to international advanced levels. It aims to build an open innovation system with rational ment Quality Award Nomination."
resource allocation sound innovation mechanisms sufficient research talents and efficient achievement transformation to achieve break-
throughs in industrial foundation and cutting-edge key technologies develop advanced technical equipment of internationally leading stan-
dards and reserve transformative technologies to lay a foundation for sustainable development.The 15th Five-Year Plan objectives (by 2030) are clearly defined: leveraging its advantages as a source of original technology for advanced Case New breakthrough in the permanent magnet motor system integration project
motors the Company will focus on developing core technologies such as green and low-carbon drive systems new-type power systems spe-
cial-purpose drive motors and canned motor pumps. It will improve its scientific research and innovation system ensuring its core technologies Suzhou Jiamusi Electric successfully signed a contract worth RMB
remain at the forefront of the industry establishing itself as a significant component of the national strategic scientific and technological force 20 million for its permanent magnet motor system integration
and fulfilling its social responsibility as a central enterprise for technological innovation. project achieving comprehensive transformation across R&D
design manufacturing and market promotion of permanent
Impact Risk and Opportunity Management
magnet motors. This drives the development of permanent
The Company proactively identifies opportunities and potential risks in the field of technological innovation. By strengthening technological magnet motors toward higher-end intelligent and green solu-
collaboration standardizing project management and accelerating the transformation of achievements it maximizes the positive impact of tions contributing "permanent magnet power" to accelerating the
innovation while effectively managing various risks throughout the innovation process achieving a mutual empowerment between innovation construction of a world-class electric drive system manufacturer
value and sustainable development. and service provider.
033 0342025 Environmental Social and Governance (ESG) Report Adhering to Lean Excellence Empowering Value Growth
Metrics & Targets Crafting Premium Products
In 2025 the Company completed a total of 39 research projects and successfully advanced various technical research and product develop- Steering Industry Development
ment initiatives. Steady progress was made in the formulation and revision of standards with 15 higher-level standards being approved and
developed or revised. The Company also led or participated in the release of 7 national standards 15 industry standards and 9 group stan- Product and Service Safety and Quality
dards. These achievements have effectively strengthened the Company's technological leadership and industry influence in the field of special
motors continuously contributing standardized wisdom and practical solutions to the high-quality development of the industry. Governance
Jiamusi Electric Machine Company strictly adheres to relevant laws and regulations formulating and rigorously implementing a series of institu-
The Company's flagship project "Development of the SL01 Project Electric Drive System" is progressing steadily as planned. One software
tional documents such as the Product and Service Requirements Control Procedure Product Design and Development Control Procedure
copyright has been registered (Registration No. 16349670) and eight invention patents have been filed three of which have been submitted to
Process Design Control Procedure Procurement and Outsourcing Control Procedure Special Process Control Procedure Key Process Control
the National Intellectual Property Administration for review. Meanwhile the patent A Vertical Motor with a Thrust Spherical Plain Bearing Struc-
Procedure Product Storage Control Procedure Product Delivery Control Procedure Product Monitoring and Measurement Control Procedure
ture has successfully passed the rapid preliminary review by the Heilongjiang Intellectual Property Protection Center on October 29 2025 (Pre-
Quality Reward and Punishment Management Measures and Regulations on Quality Responsibilities of Departments and Relevant Personnel.liminary Review Case No.: YS02920251001049).These measures establish a quality management system governance mechanism centered around the Quality Management Committee. This
system covers the entire process including sales design and development production and service comprehensively controlling key process
Intellectual Property quality physical product quality and management quality to ensure overall improvement.Jiamusi Electric Machine Company adheres to laws and regulations such as the Intellectual Property Management Manual and Procedures and
To strengthen product quality and service levels the Company has established management systems such as the Nonconforming Product Con-
the Patent Management Measures. The Company has established a comprehensive intellectual property protection framework covering
trol Procedure Product A Inspection and Supervision Management Measures External Major Quality Issues and Customer Complaint Manage-
patents trademarks software copyrights and other aspects. The Economic Operations Department serves as the dedicated management
ment Measures and Quality Improvement Project Management Measures. These measures further standardize product and service quality
body staffed with full-time and part-time professionals responsible for coordinating intellectual property management. Its primary responsibili-
management processes enhancing customer satisfaction and market competitiveness.ties include: formulating the Company's intellectual property development plan; establishing an intellectual property management performance
evaluation system; participating in the supervision and assessment of other relevant management bodies; managing the day-to-day intellectual In 2025 the Company focused on institutional improvement solidly advancing system development in manufacturing: it revised two Level 2
property affairs of the Company; conducting regular monitoring of the Company's intellectual property filing objections against maliciously systems namely the Material Receipt Storage and Inventory Management Measures and the Team Building Management Measures; revised six
registered similar trademarks and transferring cases requiring legal action to the Legal Compliance Department for handling. Subsidiaries as Level 3 systems including the Product Manufacturing Department Quality Management Assessment Rules Product Manufacturing Department
core entities for technological innovation are responsible for the operation of the intellectual property management system within their respec- Environmental Occupational Health Safety and Fire Protection Job Responsibilities Management Rules Product Manufacturing Department
tive areas. Energy Management Rules Product Manufacturing Department Quality Responsibilities Management Rules Product Manufacturing Department
Standardized Document Management Rules and Product Manufacturing Department Bonus Distribution Management Rules; and added two
Digital Transformation Level 3 systems namely the Product Manufacturing Department Production Team Nuclear Safety Culture Construction Management Rules and
the Product Manufacturing Department Confidentiality Management Rules. This forms an institutional system covering the entire production
Jiamusi Electric Machine Company advances product intelligence and servitization by leveraging IoT platforms and cloud services to provide
process with clear responsibilities and effective control providing solid institutional support for product quality production fulfillment and
customers with smart operation and maintenance solutions including online motor condition monitoring energy efficiency analysis predictive
safety management continuously driving high-quality development.maintenance and full lifecycle management. This drives the transition from a single product sales model to a "product + service" model effec-
tively enhancing customer loyalty and brand value. The Company closely aligns with industry demands vigorously developing and promoting Strategy
smart motor series integrated with sensors communication modules and remote monitoring devices. These enable functions such as self-per-
ception of operating status fault diagnosis and energy consumption analysis continuously enhancing the digital added value of its products. The Company strictly adheres to authoritative standards such as GB/T 19001 (equivalent to ISO 9001) GJB 9001C and HAF 003 Safety Regu-
During the "14th Five-Year Plan" period the Company steadily advances digital and intelligent construction and transformation. Its information lations for Quality Assurance in Nuclear Power Plants. It has established and continuously improved its quality management system deeply
systems now comprehensively cover all business segments including sales design process production quality procurement warehousing implementing the quality policy of "Jiamusi Brand High Quality and Integrity Customer Satisfaction World-Leading." This system fully covers
finance and service. By conducting in-depth research based on its own actual conditions benchmarking against advanced enterprises to learn the entire product realization process encompassing 22 units including sales design and development procurement manufacturing inspec-
digital transformation concepts and practical experiences and adhering to a problem-oriented approach and a systematic perspective the tion and testing and after-sales service. It has established a manufacturing control framework centered on just-in-time production contract
Company carried out multi-faceted multi-dimensional and multi-level research. This clarified the direction for the "Digital Jiadian 1569" initia- fulfillment work-in-progress control and key project management. It has also formed a three-tiered quality responsibility system led by top
tive. Currently the digital coverage rate of key business segments has exceeded 90% demonstrating significant transformation results. management and coordinated among production scheduling workshops and teams. Additionally a full-process quality and delivery coordina-
tion mechanism is established in collaboration with quality technical procurement and other departments systematically ensuring product
quality stability and efficient contract fulfillment.Leveraging its solid quality management foundation the Company has become the first in the domestic motor industry to simultaneously
obtain the Civil Nuclear Safety Electrical Equipment Design License Civil Nuclear Safety Electrical Equipment Manufacturing License Civil
Nuclear Safety Mechanical Equipment Design License and Civil Nuclear Safety Mechanical Equipment Manufacturing License fully demon-
strating its comprehensive strength and standardized level in design and manufacturing of equipment across civilian military and nucle-
ar-grade domains. The quality management system has long maintained efficient operation. Through regular audits and continuous improve-
ment mechanisms it effectively ensures that product quality and safety control capabilities remain at the industry's leading level providing cus-
tomers with reliable and high-quality products and services.
035 0362025 Environmental Social and Governance (ESG) Report Adhering to Lean Excellence Empowering Value Growth
The Company deeply integrates lean thinking with digital and intelligent technologies establishing a data-driven full-process intelligent quality Impact Risk and Opportunity Management
control system. It deploys an intelligent sensor network to collect process parameters in real time utilizes the MOM system to integrate quality
The Company deeply integrates product quality risk management into its quality management system serving as a key practice to enhance
data across the entire process leverages digital twin technology to optimize process windows and establishes a quality management mecha-
governance effectiveness and sustainable development capabilities. Through systematic identification analysis and assessment of risks and
nism of "data collection—intelligent analysis—early warning and prediction—closed-loop improvement." Concurrently it advances the construc-
opportunities it scientifically formulates diversified response strategies encompassing risk avoidance risk mitigation and risk acceptance. By
tion of a full-process quality control information platform achieving full-chain quality traceability from raw material entry to finished product
implementing dynamic controls throughout the entire process the Company continuously strengthens its risk resilience and its ability to seize
delivery and fully integrates the quality management system into the information platform continuously improving the precision traceability
opportunities for high-quality development.and operational efficiency of quality management.The Company continues to advance the construction of quality control and inspection systems comprehensively improving product quality
assurance capabilities. It formulated the 2025 Quality Improvement Incentive Plan to fully mobilize the enthusiasm of all employees for quality Quality Risk Prevention and Control System
improvement. It initiated 21 quality breakthrough projects and achieved solid results effectively promoting product quality enhancement and
closed-loop resolution of issues. In the inspection process the Company clarified department quality red lines strictly implemented process
responsibility systems dynamically optimized inspection strategies and strengthened precise control throughout the entire process of key
components. This effectively fortified the product quality defense line fulfilling commitments to customers and society through reliable quality. Establish a daily production Implement a full-process Prevent the risk of material Assign dedicated personnel
plan strict management control for team-level issues misuse and mixing at the for key projects conduct
The Company deeply integrates quality culture construction into corporate governance rallying consensus across the entire organization with
mechanism to coordinate cove r i ng "d i s cove r y – source through material frequent verifications and
the core philosophy that "quality is the sole dignity of the enterprise." The Company implements a "three-level leadership responsibility for
and resolve issues related to recording – rectification – standardization implement full-process con-
quality" mechanism to strengthen organizational leadership leverages physical "model worker innovation studios" and standardized "mentor-ap-
material shortages technol- closure" trol over production delivery
prentice" systems to promote skill inheritance and quality breakthroughs establishes diverse career advancement channels such as "chief
ogy quality etc. and quality risks
experts" and "Jiamusi Craftsman" to set benchmarks regularly conducts on-the-job training and technical competitions and collaborates with
universities to build training bases systematically cultivating high-quality talent in the field of quality. Simultaneously a quality "V" platform is
established to widely solicit improvement suggestions from employees stimulating the initiative and creativity of all staff in participating in 01 02 03 04
quality enhancement. Through concept guidance mechanism guarantee and coordinated actions of all employees we continuously strengthen
the foundation of quality culture injecting lasting endogenous momentum for the high-quality development of the enterprise.Contract performance
Metrics & Targets
Contract fulfillment rate is 97.46% with a monthly average guarantee of over 500 rush orders
Company's Quality Objectives
Work-in-progress control
Excess motors decreased by 71.98% year-on-year Strive for first-time success in product manufacturing achieving 100% compliance with contract requirements;
Provide quality services with a customer satisfaction rate of ≥90% continuously improving year by year;
Material standardization
Achieve domestic leading level in key manufacturing processes and product quality for military equipment; achieve world-leading
Reduced over 9000 non-standard material specifications with outsourced component errors decreasing by 33.1% year-on-year
level in product quality for major civilian products with key manufacturing processes reaching domestic advanced level;
Cost reduction and efficiency improvement Continuously improve the effectiveness of the quality management system.Cumulative cost reduced RMB 15.3159 million achieving 225.42% of the target Achieve "zero" major quality accidents and major quality management issues; achieve "zero" significant quality accidents and signifi-
cant quality management issues;
Digital intelligence
Quality loss rate target: ≤0.30%
Launched a product technical data management system established a production scheduling command center and initiated trial
operation of unmanned transport vehicles
Team building In 2025 the Company experienced no major quality accidents no major quality management issues no significant quality accidents and no
Conducted over 90 team inspections achieving full coverage of all workshop teams significant quality management issues.
037 0382025 Environmental Social and Governance (ESG) Report Adhering to Lean Excellence Empowering Value Growth
Excellent Service The highest-level leadership and decision-making body for information technology work
Safeguarding Customer Rights Company Implement the guidelines policies and plans related to informatization work from higher-level departments including the State
informatization Council Information Technology Leadership Group the SASAC the Ministry of Industry and Information Technology and Harbin
Electric;
work leadership
Service Quality and Customer Experience Provide overall leadership for the Company's informatization work;group Approve the guiding principles policies and strategies for advancing the Company's informatization work efforts;
Approve the Company's overall plan for information technology construction and development;
Jiamusi Electric Machine Company continuously enhances the accessibility of product services and the customer value experience. In 2025 Make decisions on major issues arising in the advancement of informatization work.guided by the strategic principle that "all costs can be reduced" the Design Department systematically advanced cost reduction and efficiency
improvement initiatives. It efficiently implemented 14 specialized projects including extreme cost reduction for roller table motors optimization
of the YXKK2 series and its derivative product specifications and increased power density of synchronous motors achieving cumulative cost Standing executive office of the informatization work leadership group and the designated
savings of RMB 15.814 million achieving 190.98% of the annual target. Concurrently the Company completed electromagnetic and structural Digital management department for informatization work
optimization for 3554 orders across low-voltage YBX5 YBPT3 series totally enclosed fan cooled series high-voltage explosion-proof products intelligence
department Implement the decisions made by the Company's informatization work leadership group;
and YZP series reducing raw material costs by RMB 4.796 million and significantly enhancing product market competitiveness and customer Organize and coordinate the Company's informatization efforts.accessibility.Through improving high-voltage production efficiency optimizing production cycles—shortening delivery time for the Qingdao Sanley project
The Company's current network security protection capabilities enable precise defense against medium- and low-level threats while also effec-
by three months—strengthening rush order mechanisms and deepening the application of digital and intelligent production the Company
tively detecting and addressing advanced threats and viruses. It can stably prevent routine attacks launched by automated tools such as virus
comprehensively improved product delivery efficiency and responsiveness. Combined with material standardization and full-process cost con-
propagation and website defacement. At the same time the Company meets regulatory compliance requirements for log retention and access
trol it continuously optimized operating costs tangibly enhanced product cost-effectiveness and service experience and fulfilled its commit-
control achieving the baseline of Class III cybersecurity protection. It possesses comprehensive capabilities to defend against conventional
ment to customers through efficient high-quality and cost-effective products and services demonstrating the Company's sustainable value
network threats with specific protection effectiveness reflected in the following three aspects:
creation capabilities.The Company adheres to a customer-centric approach to delivery timelines by establishing a production scheduling command center and Perimeter defense
implementing specialized scheduling mechanisms for urgent orders and key projects. It coordinates responses across sales technology quality
Firewalls and anti-virus gateways work in tandem to effectively block large-scale external scanning attacks and
and other departments to quickly meet customer delivery needs effectively strengthening production support for customer service and contin-
known virus propagation. Zero-trust solutions dynamically manage endpoint access significantly reducing the
uously improving customer satisfaction and delivery assurance capability.risk of external attackers infiltrating the internal network.Business application level
Pre-sales and in-sales
Web Application Firewalls (WAF) filter common web attacks such as SQL injection and cross-site scripting in
Established a professional technical team to serve Shaangu Group holding special meetings to address user technical issues
real time ensuring the security of portal websites and business systems. Database auditing completely records
for Shengu.data operation activities meeting the requirements for post-event traceability.After-sales
Addressed warranty issues for key customers including Shandong Himile Zhenhai Refining & Chemical and Wenzhou Jialite Internal control level
providing strong technical support for marketing and customers Behavior management systems regulate employee network access behavior blocking access to high-risk web-
sites. Bastion host ensures full-process logging of operation and maintenance activities preventing unauthorized
actions during the operation and maintenance process.Data Security and Customer Privacy Protection In 2025 the Company strengthened access control by establishing a strict authorization system allowing only authorized employees to access
customer information. At the same time all sensitive information was encrypted to ensure comprehensive security throughout data transmis-
Jiamusi Electric Machine Company complies with relevant laws and regulations such as the Data Security Law of the People's Republic of sion and storage.China Personal Information Protection Law of the People's Republic of China Cybersecurity Law of the People's Republic of China and Regu-
lation on Critical Information Infrastructure Security Protection. The Company has formulated and implemented related systems including the Indicator 单位 2025
Information Security Management Measures Information Management Measures Information System Information Equipment and Storage
Equipment Information Security Strategy Management Measures and Document Encryption Software Management Measures. In 2025 the Number of customers participating in satisfaction survey Nos 625
Company experienced no data security breaches or customer privacy breach incidents. The Company established a hierarchical information
management structure consisting of the "Information Technology Leadership Group (the highest decision-making body) — Digital Intelligence Coverage rate of customer satisfaction survey % 96.63
Department (standing executive body/designated management department)." This structure clarifies the composition and core responsibilities
of each level ensuring the orderly advancement of information-related work.During the reporting period the Company experienced no major data security incidents received no complaints regarding customer privacy
breaches or loss of customer information and had no major data security incidents or customer privacy breaches.
039 0402025 Environmental Social and Governance (ESG) Report Adhering to Lean Excellence Empowering Value Growth
Leading the Industry Assessment cycle and content
Uniting to Advance Together
Jiamusi Electric Machine Company focuses on the sustainable development of the supply chain with the core objective of building a strategi- Monthly assessment: Collect supply data and conduct performance evaluations across seven dimensions;
cally secure supply chain. It is dedicated to establishing a management system characterized by a "unified management structure standardized Annual Re-evaluation: Comprehensively examine qualifications quality craftsmanship service pricing etc. to form an evaluation report;
operational mechanisms and standardized institutional processes." Simultaneously the Company integrates supply resources bidding and Public channels: SRM System Harbin Electric E-commerce Platform SCM
procurement and electronic trading platforms continuously optimizing the overall efficiency of the supply chain and strengthening its security
barriers.Supplier Management Dynamic control and elimination mechanism
Supplier Qualification Mechanism
In supplier management the Company has established and implemented various systems including the Supplier Evaluation and Management Non-compliance handling: Yellow card warning suspension of supply revocation of qualification inclusion in negative list or blacklist;
Measures Supplier Management and Assessment Measures Qualified Supplier Evaluation and Management Measures Daily Evaluation Guide- Tiered policy: Differentiated policies implemented for strategic premium and general suppliers;
lines for Outsourcing Procurement and Transportation Suppliers and the Supplier Site Audit Plan. These systems enable the evaluation of sup- Elimination rule: Suppliers ranked in the bottom 5% annually will be eliminated.pliers in terms of daily performance environmental sustainability safety and annual assessments. By strictly enforcing the supplier qualification
evaluation mechanism the Company strengthens full-cycle supervision and assessment optimizes procurement processes and establishes a
survival-of-the-fittest mechanism to ensure supply quality. At the same time the Company has established dedicated procurement manage-
ment positions responsible for supplier evaluation contract execution quality tracking and price review. This forms an efficient collaborative Digital management tool
working mechanism led by the procurement center director and supported by category-specific procurement specialists. Additionally dedicated
quality control specialists are assigned to work with the product manufacturing department to implement dynamic supervision over supplier Supplier information is managed electronically through the SRM system enhancing management efficiency and transparency
product quality.Supplier sourcing Supplier Risk Assessment and Performance Management
According to the Company’s production operation and cost reduction and efficiency improvement needs the Supplier Site Audit Plan is
formulated and implemented and lists of new suppliers key material suppliers and those with quality issues are sorted out. Compre-
Supplier evaluation
hensive audits are conducted covering qualifications scale production capacity technology quality assurance after-sales service and
delivery. Suppliers are urged to rectify quality system issues to ensure stable supply and guarantee that product quality meets customer
The Company has established supplier evaluation standards and procedures such as the Qualified Supplier Evaluation and Manage-
requirements.ment Measures Supplier Daily Performance Evaluation Rules Annual Site Audit Plan and Penetration Audit Plan. Evaluations are con-
Supplier qualification ducted across eight dimensions including quality delivery service technology and risk. Each year supplier performance is compre-
hensively assessed through methods such as desktop evaluations and on-site assessments.The Company has established strict supplier qualification standards. Based on these standards and requirements such as the Qualified
Supplier Evaluation and Management Measures qualification evaluations are conducted for candidate suppliers focusing on production
capacity quality management environmental protection and other aspects. The comprehensive capabilities of suppliers are thoroughly
assessed to ensure compliance with the Company's standards. Supplier tiered management
Based on evaluation results the Company implements tiered management for suppliers. Issues identified during evaluations require
Supplier Management System suppliers to develop corrective action plans and implement them within a specified timeframe. After completion of corrections the
The Company's supplier management system is based on the Qualified Supplier Evaluation and Management Measures policy covering the effectiveness is verified according to established standards. For suppliers that experience major quality issues or repeatedly encounter
entire process management of suppliers from qualification to disqualification. similar problems the Company will take measures such as supply restrictions or termination of cooperation. Suppliers placed on the
blacklist will not be reintroduced for three years while those on the exclusion list will be permanently prohibited from future coopera-
tion.Three-tier management structure
Quality Assurance Department (Responsible Department): Formulates policies conducts supervision and inspection and performs assessments; Supplier review
Business Departments: Supplier sourcing investigation classification and daily management;
Technical Department: Providing technical support and participating in evaluations Over the past two years the Company has conducted on-site environmental and social impact assessments for 89 suppliers with no
significant potential negative environmental or social risks identified. The Company conducts comprehensive evaluations of all quali-
fied suppliers annually through the Supplier Annual Performance Evaluation Form and imposes compliance management requirements
Supplier grading standards on key suppliers; For suppliers with poor sustainability performance a Supplier Penalty Notice is issued.Products or services are classified into three levels A B and C based on quality characteristics with dynamic management and control
implemented accordingly;
Non-Product Supplier Management
Qualification evaluation mechanism The Company has formulated the Management Measures for Non-Product Suppliers which clearly defines the processes for access evaluation
Coverage: One-time suppliers potential qualified suppliers; cooperation and disqualification for non-product suppliers.Review method: On-site review or document review;
Review dimensions: quality technology commercial and other dimensions; During the qualification stage the Company strictly reviews supplier qualifications. Only suppliers that pass the review may become qualified
Qualification criteria: Total score ≥ 90 points suppliers. Annual re-evaluations are conducted to ensure that their qualifications remain valid and meet requirements.
041 0422025 Environmental Social and Governance (ESG) Report Adhering to Lean Excellence Empowering Value Growth
In terms of system application the Company adopts the SCM supply chain management system to achieve full-process management of suppli-
Non-product suppliers are subject to specialized evaluation management
er qualifications bidding and procurement enhancing supply chain collaboration efficiency. Relying on the SRM supplier relationship manage-
they must complete the access application and evaluation process on the Harbin Electric procurement bidding platform upload quali- ment system it simplifies each step from procurement to settlement achieving centralized management of supplier data risk monitoring and
fication materials and pass the review before becoming one-time non-product suppliers for the Company. Regular re-evaluations of process automation thereby deepening supply-demand cooperation. Meanwhile enterprise management software such as SAP provides mod-
qualified suppliers are conducted with the price control department procurement department and user departments conducting ular solutions that can seamlessly integrate with systems like SCM CRM and PLM achieving efficient resource integration and allocation and
re-evaluations across seven dimensions: technology quality management delivery service pricing bid responsiveness and supply comprehensively improving operational efficiency and management levels.volume. A passing score of no less than 90 points is required. Supply Chain Security Assurance
Jiamusi Electric Machine Company comprehensively ensures the safety and stability of the supply chain from three aspects: risk management
SRM supplier chain management system system strategic reserves of critical raw materials and supply chain stability strategies.The Company has established a full lifecycle management for supplier procurement evaluation systematically managing supplier qual- First establishing a comprehensive risk management system. The Company strengthens top-level design through institutional
ification and evaluation throughout the entire process from supplier selection registration evaluation cooperation and bidding to enhancements conducts annual risk identification and assessment and establishes a closed-loop management and rapid reporting
disqualification. This promotes sustainable procurement and supports the development of a green and responsible supply chain. 01 mechanism for major risks with reinforced quarterly monitoring and early warning. Concurrently it standardizes supplier manage-
ment through site audits and differentiated control and has been recognized as a Green Supply Chain Management Enterprise.Supply Chain Management Second strategic reserves of critical raw materials. For key raw materials such as silicon steel sheets and electromagnetic wire
02 the Company formulates reserve plans based on market conditions and supplier availability improving its strategic reserve
Supply Chain Strategic Layout mechanisms.Jiamusi Electric Machine Company advances its procurement and supply chain strategic planning centered on the main themes of "green
low-carbon development and digital and intelligent transformation" closely aligning with the Company's overarching goal of "building a Third implementing six supply chain stabilization strategies. These include increasing inventory reserves expanding supplier
world-class manufacturer of special motors."
03 channels optimizing procurement plans developing alternative materials adjusting product structures and deepening supply chain collaboration. The Company also engages in hedging activities for raw material prices effectively reducing supply risks
First strengthening green supply chain management. The Company incorporates ESG criteria into supplier access evaluations. and ensuring continuous and stable production.
01 Focusing on core products such as high-efficiency energy-saving motors and nuclear main helium blowers it collaborates with suppliers on research and development in areas such as lightweight materials and low-carbon processes driving carbon emis- The Company has achieved significant results in core technology promotion indigenous development and independent R&D. In the nuclear
sion reduction throughout the product lifecycle. power sector as a leading domestic supplier of nuclear motors it has completed the indigenous development of key products such as main
helium blower drive motors. It is the only enterprise in China capable of supplying Class 1E nuclear motors having overcome multiple critical
Second building a digital and intelligent supply chain system. Leveraging the "5+1" strategic layout the Company has estab- technological bottlenecks. In high-efficiency energy-saving motors the Company has launched its IE5 series products and has been recognized
02 lished a digital workshop for motor frames and laminations. It has broken down data silos between systems such as PLM MES as an "Energy Efficiency Star" for nine consecutive years. In intelligent motors it has developed a range of products integrating technologies and SRM achieving a 35% improvement in procurement demand forecast accuracy and a 28% increase in inventory turnover.
such as 5G gaining strong market recognition. Additionally the Company has established a mechanism for Secure and Reliable product devel-
Through the IWMS system full-process visualization of procurement has been realized.opment clearly defining procurement standards processes and review requirements for domestically developed products. Through dedicated
research and independent development it continuously enhances the competitiveness and technological maturity of indigenous products.Third enhancing supply chain resilience and security. The Company has established a three-dimensional adjustment mecha-
03 nism covering the industrial chain value chain and supply chain. It has strategically introduced over 10 key suppliers increased Equal Treatment of SMEsthe local sourcing rate to 30% and through transparent procurement and supply chain finance models built a capacity-sharing
platform. As a key enterprise in the electric motor manufacturing industry Jiamusi Electric Machine Company has always adhered to the bottom line of
compliant operations actively practiced social responsibility and placed great emphasis on the collaborative development with small and medi-
um-sized enterprise suppliers. The company strictly complies with laws and regulations such as the Regulations on Guaranteeing Payments to
Supply Chain Risk Control
Small and Medium-sized Enterprises adhering to the principles of equality voluntariness fairness and integrity in cooperation. It does not
The enterprise procurement and supply chain internal control risk management system adopts a multi-department collaborative management leverage its advantageous position to infringe upon the legitimate rights and interests of SME suppliers ensuring timely payments to them. In
approach covering departments such as procurement risk control and finance working together to formulate and implement control strategies. its supply chain management practices Jiamusi Electric Machine Company has built a diverse supplier network implemented differentiated
management strictly controlled access audits and performance evaluations and conducted regular quality inspections and training. These
System development Operational mechanism Technical means Construction objectives efforts ensure stable high-quality procurement while striving to build a collaborative and mutually beneficial supply chain ecosystem.Establish a comprehensive Optimize the procurement Utilize digital technology to Promote the digital and
institutional framework cov- process es tab l i sh r i sk build an intelligent manage- intelligent upgrade of inter-
ering procurement process- assessment real-time moni- ment platform leveraging nal control and risk manage-
es supplier management toring and regular auditing big data artificial intelli- ment to provide assurance
and contract control with to achieve a closed-loop gence blockchain and other for the stable operation of
clearly defined risk points management mechanism for technologies to achieve data the enterprise.and preventive measures. risk identif ication early collection analysis and risk
warning and response. warning.
043 044Dedicated to Social
Well-being Co-creating a
Harmonious Landscape
Respecting People Safeguarding Employee 047
Rights
Talent Development Empowering 050
Professional Advancement
Caring for Health Safeguarding Employee 051
Well-being
Fulfilling Our Mission Strengthening National 054
Welfare and People's Livelihood
045 0462025 Environmental Social and Governance (ESG) Report Dedicated to Social Well-beingCo-creating a Harmonious Landscape
Respecting People Indicator Unit 2025
Safeguarding Employee Rights
Total Number of Employees Person 1952
Recruitment and Employment
Ethnic minority employees Person 127
Guided by its strategic vision Jiamusi Electric Machine Company systematically improves its human resource management system laying a Including:
solid organizational foundation for the implementation of its core strategies. The Company has newly compiled the Position Contract Manage- Disabled employees Person 5
ment Measures and Employee Resignation Management Measures revised the position transfer system and established a full-chain regulation
covering contract management position adjustments and resignation procedures. Simultaneously the Power Equipment Company has estab- Male Person 1665
lished a new institutional framework comprising 40 systems newly created or revised 16 key systems including talent recruitment compensa- By gender
tion incentives and employee transfers streamlined the market-based exit channels and deepened the reform of the three systems. Concur- Female Person 287
rently the Guidelines on Human Resource Management for subsidiaries have been issued to promote the consistent implementation of
systems across the organization. The Company strictly implements protocols for personnel with access to confidential information manage- 30 and below Person 433
ment of confidentiality periods and foreign affairs procedures. It comprehensively advances the digitalization of human resources achieving
digital empowerment in areas such as payroll calculation and data reporting. Through the coordinated advancement of system improvement By age 30–50 (inclusive) Person 1199
compliance strengthening and digital-driven initiatives the Company has established a human resource management framework characterized
by clear responsibilities robust safeguards and efficient operation. This framework effectively protects employees' legitimate rights and inter- Above 50 Person 320
ests while continuously stimulating internal organizational vitality providing solid talent support and organizational assurance for the Company's
high-quality development. Production personnel Person 646
Adhering to the human resource management objectives of "ensuring supply optimizing structure and maintaining stability" the Company
recruited 93 new employees during the reporting period with an employee turnover rate controlled at 2.64% effectively ensuring that talent is Sales personnel Person 228
both attracted and retained. By implementing incentive schemes for core and key talents annual special incentives optimizing the "three-cate- By professional category
gory three-tier multi-tier" compensation distribution and career development pathways and launching cultivation programs such as the "Elite Technical personnel Person 679
Talent Program" the Company has effectively enhanced employee belonging and sense of achievement. Simultaneously preliminary research
for the "15th Five-Year Plan" talent development plan has been advanced a special talent program for the nuclear main pump R&D base has Finance personnel Person 48
been formulated and the comprehensive employee capability enhancement project (2025–2027) has been initiated achieving an organic inte-
gration of short-term talent supply-demand balance with medium- to long-term development needs thereby laying a solid talent foundation Administrative personnel Person 351
for the enterprise's high-quality and sustainable development.Doctoral degree Person 5
The Company has established a recruitment management system characterized by "targeted talent attraction and standardized processes"
with campus recruitment as the primary channel while diverse talent introduction pathways. Power Equipment Company has innovatively Master's degree Person 203
implemented the "pre-planning + resource allocation + brand empowerment" model deploying over 60 personnel to over 20 top universities By education background
including Tsinghua University University of Science and Technology of China and Harbin Institute of Technology. Professional HR teams were Bachelor's degree Person 945
assigned to conduct on-site interviews and policy interpretations achieving a "four 100%" breakthrough in coverage of key universities and
recruitment of core talent. Jiamusi Electric Machine Company conducted specialized engineering campus recruitment through independent Associate degree Person 289
recruitment fairs and dedicated presentations Advanced Motor "Feidi" Platform achieving record-high academic qualifications and quality
among recruited graduates. Diversified channels have also been expanded. The Power Equipment Company successfully recruited overseas High school and below Person 510
high-level talent through headhunting referrals and academic networks while Jiamusi Electric Machine Company optimized internal talent
transfers to achieve precise matching continuously strengthening high-quality talent reserves.The Company strictly adheres to laws and regulations such as the Labor Law of the People's Republic of China and the Labor Contract Law of
The entire recruitment process adheres to principles of fairness and transparency. For joint engineering master's and doctoral training the People's Republic of China actively fostering a fair just diverse and inclusive workplace environment. It resolutely prohibits any form of
programs the Power Equipment Company has signed five-party agreements involving universities enterprises and students to clarify rights discrimination forced labor harassment abuse and child labor and treats employees of different nationalities races genders religious beliefs
and responsibilities. Jiamusi Electric Machine Company's dedicated programs strictly verify candidate identity and age information ensuring and cultural backgrounds equally. At the same time the Company places special emphasis on the rights and interests of female employees
that employment contracts are signed voluntarily and preventing any improper hiring practices. Building on this Jiamusi Electric Machine Com- regularly organizing specialized health check-ups that include gynecological and breast examinations conducting health education sessions on
pany has newly formulated the Employee Resignation Management Measures which together with the Position Contract Management Mea- women's wellness providing health allowances and offering comprehensive warm care and support.sures and Employee Position Change Management Measures collaboratively establish a closed-loop management system covering the entire
process of "recruitment–onboarding–position change–departure." This systematically enhances the standardization and completeness of human The Company actively fulfills its international responsibilities by strictly adhering to the Universal Declaration of Human Rights and the Interna-
resource management and the protection of employee rights demonstrating the Company's commitment to fairness in talent recruitment and tional Covenants on Human Rights implementing the core principles of the International Labour Organization (ILO) and the United Nations
responsibility for the entire career development cycle. Global Compact in the field of human rights and deeply integrating the concepts of respecting human rights and promoting equality into its
management practices. In 2025 the Company experienced no human rights complaints major labor disputes or incidents of child labor
demonstrating its firm commitment to and responsibility for protecting the fundamental rights and interests of its employees through concrete
actions.
047 0482025 Environmental Social and Governance (ESG) Report Dedicated to Social Well-beingCo-creating a Harmonious Landscape
The Company has established a sound labor dispute resolution mechanism in accordance with national laws and regulations adhering to the objections if they have any concerns about the results effectively protecting their right to participate and appeal. This mechanism effectively
principles of fairness impartiality and legality. All labor relations disputes are handled in accordance with the terms of the Labor Contract. drives performance management toward greater transparency and standardization enhancing employees' trust in and recognition of manage-
During the reporting period the Company experienced no labor disputes. Labor relations remained harmonious and stable laying a solid ment processes and reflecting the Company's management philosophy of respecting employees and ensuring fair governance.human-centered foundation for high-quality development.Democratic Management
Compensation and Rights
Jiamusi Electric Machine Company has established a robust democratic management mechanism formulating the Employee Representative
Employee Compensation and Incentives Congress System to effectively safeguard employees' rights to information participation expression and oversight. In 2025 the Company con-
vened the Second Session of the 20th Employee Representative Congress and Annual Work Conference facilitating channels for employee
The Company has established a scientifically structured standardized and effectively incentivized compensation and incentive management participation in corporate governance and strengthening democratic decision-making and oversight effectiveness.system. It has introduced fundamental policies such as the Excess Profit Sharing Plan (2023-2025) the Total Wage Filing System Management
Measures the Wage Management Measures the Job Grade and Compensation Management Regulations and the Work Hour Quota Manage- The Company has improved the employee self-governance system by formulating the Factory Affairs Disclosure Work System and the trade
ment Measures thereby solidifying the foundation of management. Concurrently the Company-wide Performance Appraisal Management union continues to deepen the "Jiadian Employee Voice" initiative to collect rational suggestions. In 2025 a total of 254 suggestions were
Measures have been implemented introducing a differentiated evaluation mechanism characterized by "one job family one standard; one posi- collected with 56 adopted. Among them 39 award-winning suggestions covered multiple areas including efficiency improvement quality
tion one evaluation form." This strengthens the application of performance results fostering a culture that rewards excellence and penalizes enhancement work safety cost control cultural development energy conservation and process optimization. This significantly increased the
underperformance providing a solid basis for precise incentives. efficiency of suggestion implementation and effectively stimulated employees' sense of ownership and innovative vitality.Compensation distribution adheres to the principle of flat management strictly following the principle of "compensation based on position In accordance with the Supervision and Management Measures for Employee Cafeterias and Staff Homes the labor union conducts an annual
compensation based on level compensation changes with position change level change leads to compensation change." A broadband com- employee satisfaction survey covering over 10% of the workforce. The survey results indicate that services such as the employee canteen and
pensation system comprising 12 position levels and 114 grade levels has been established rationally widening distribution gaps and effectively staff convenience store are generally well-received. Based on feedback the trade union promptly organizes rectification and implementation
stimulating employees' intrinsic motivation and value creation vitality. At the same time in accordance with the group's institutional require- efforts forming a closed-loop management process of "collection–feedback–improvement" continuously optimizing service experience and
ments the Compensation Management Measures for the Company's Management Team have been formulated to regulate senior management enhancing employees' sense of belonging and organizational cohesion.compensation. The Labor Cost Management Measures have been introduced to establish a comprehensive labor cost control mechanism
ensuring scientific and efficient resource allocation and compliant and stable system operation.Through the coordinated integration of career development performance management compensation incentives and cost control the Com- Talent Development
pany continuously improves its human resource management system characterized by "clear development pathways standardized evaluation
criteria justified distribution principles and regulated management practices." This effectively safeguards employee rights promotes the align- Empowering Professional Advancement
ment of employee growth with the Company's high-quality development and demonstrates the governance commitment of a responsible Employee Career Development
employer.Jiamusi Electric Machine Company has established a comprehensive career development system that covers strategic guidance talent cultiva-
The Company has formulated and implemented a package of 10 incentive plans including the 2025 Implementation Rules for Excess Profit tion skill certification and professional title management. Guided by the 14th Five-Year Plan for Talent Development the Company has
Sharing the 2025 Task Breakthrough Incentive Plan the Military Industry Personnel Incentive Plan and the Core Talent Incentive Plan. These improved its mechanisms for cultivating engineering master's and doctoral students (including four management measures covering training
initiatives provide incentives across multiple dimensions targeting recipients identified following the principle of "prioritizing key areas core corporate mentorship curriculum and admissions). It has formulated the Management Measures for Recruiting Outstanding Highly Skilled
talent and front-line positions". Talent the Management Measures for Vocational Skill Level Certification and the 2025 Implementation Plan for Vocational Skill Level Certifica-
tion (Independent Evaluation) to strengthen the development of a highly skilled talent pool. It has issued the 2025 Professional Management
Employee Rights Protection Track Position Level Evaluation and Appointment Plan the Independent Evaluation and Appointment Plan for Technician and Senior Technician
and the Independent Evaluation and Appointment Plan for Chief Technician and Senior Chief Technician to facilitate diverse career advance-
Jiamusi Electric Machine Company consistently prioritizes the protection of employee rights as a cornerstone of its corporate development. It ment pathways. Simultaneously it has implemented the Management Measures for the Selection and Evaluation of Leading Innovation Teams
strictly complies with legal requirements by contributing in full to the "five social insurances and one housing fund" for all employees establish- the Management Measures for the Professional Title Evaluation Committee and the Professional Title Evaluation Management Measures
ing a solid foundation of statutory benefits. Based on this the Company has established a multi-tiered people-oriented employee care system: providing comprehensive support for employee growth and value realization.it provides enterprise annuities for regular employees along with supplementary medical insurance and group accidental injury insurance
strengthening health and retirement protection; it offers living subsidies for meals high-temperature conditions and heating effectively alleviat- The Company has scientifically designed career development pathways by formulating the Management Measures for Employee Career Devel-
ing employees' living costs; it provides thoughtful benefits during traditional festivals and on employees' birthdays conveying organizational opment Pathways. It has established a "three categories three tiers multiple levels" career development system: three categories (technical
warmth; and it organizes annual health check-ups for all employees maintaining ongoing attention to physical and mental well-being. Through management and skilled tracks); three tiers (industry leader professional leader and professional core reserve); and multiple levels (12 levels for
systematic welfare protection and work-life balance initiatives the Company effectively enhances employees' sense of belonging and well-be- technical roles 11 levels for management roles and 10 levels for skilled roles). This system clearly defines competency standards and advance-
ing fostering a respectful caring and harmonious workplace environment demonstrating its people-centered management philosophy and its ment pathways for each track providing employees with clear diverse and predictable growth trajectories.social responsibility as a responsible employer.In 2025 the Company solidly advanced its career development initiatives: The professional management track position level evaluation and
The company has established a sound performance feedback and appeal management mechanism. It has set up a performance appraisal lead- appointment covered 244 individuals with 68 achieving promotion. Following the evaluation the proportion of employees holding positions of
ership group responsible for coordinating performance evaluation and dispute resolution ensuring fairness and authority in the evaluation Deputy Chief Manager or above reached 20.49%. Concurrently skill level certifications were conducted for five trades: lathe operator boring
process. Before applying performance results the Company publicizes the assessment scores and grades within the corresponding assessment machine operator assembler stamping press operator and welder. A total of 105 employees participated with 70 passing (a pass rate of
scope to fully safeguard employees' right to know. Simultaneously it establishes smooth appeal channels allowing employees to promptly raise 66.7%) including 2 senior technicians and 3 technicians continuously strengthening the highly skilled talent pipeline. Through the dual drivers
049 0502025 Environmental Social and Governance (ESG) Report Dedicated to Social Well-beingCo-creating a Harmonious Landscape
of institutional frameworks and practical implementation the Company effectively stimulates employee growth momentum aligning talent The Company focuses on precise assistance for employees in need. In 2025 it applied for over RMB 30000 in assistance funds from the All
development with corporate strategy demonstrating its systematic support and commitment to employee career advancement. China Federation of Trade Union for two employees facing hardship effectively alleviating their financial burdens. Additionally it applied for RMB
30000 holiday funds from the Municipal Federation of Trade Unions for 60 frontline employees conveying organizational care. Through the
Employee Training multi-faceted approach of "institutional support + targeted assistance + humanistic care" the Company continuously strengthens the safety net
for employees' livelihoods fostering a cohesive force where the enterprise and its employees work together in unity to promote development.The Company has established a systematic and standardized training management system formulated the Training Management System and
scientifically prepared the Annual Training Plan to ensure that training work is well-regulated and orderly implemented. Training content covers
multiple areas including qualification certification work safety quality control and professional skills achieving full coverage for all employees. Occupational Health and Work Safety
Throughout the year the Company focused on implementing specialized training programs such as the "Elite Talent Program" "Technical Talent Occupational Health
Exchange" "High-End Operating Equipment Talent Development" and the "Comprehensive Employee Capability Enhancement Project". Concur- Governance
rently it recommended high-potential young technical core personnel to pursue master's and doctoral degrees and continued to advance
diversified development programs including the "Navigation Program" "Excellent Talent Program" and academic advancement initiatives. In terms of institutional development the Company has formulated the Management Measures for Waste Gas Wastewater Noise and Ground-
Through the coordinated efforts of institutional support and diverse measures the Company has built a comprehensive platform for employee water Monitoring and the Solid Waste Management Measures revised and improved 14 safety management systems and compiled and issued
growth effectively empowering employees to enhance their capabilities and career development demonstrating the Company's long-term practical guides such as the Safety Hazard Standards Inquiry Manual Safety Hazard Identification Standards Manual Special Equipment Safety
commitment and responsibility to talent cultivation. Hazard Identification Manual and Daily First Aid Manual. In September it officially issued the Gas Cylinder Safety Management Measures
systematically advancing the standardization normalization and refinement of work safety management.In 2025 the Company comprehensively advanced its training plans assisting employees in obtaining necessary qualifications for their work
such as special operation certificates nuclear welder certifications non-destructive testing certificates registered safety engineer and regis- The Company has established a Work Safety Committee as the highest decision-making body for work safety with the General Manager serv-
tered fire engineer. ing as its director supported by a dedicated Deputy General Manager for work safety. The Safety Technology and Environmental Protection
Department oversees safety management at production sites and each grassroots unit is equipped with dedicated safety officers forming a
clearly defined and comprehensive work safety organizational structure ensuring that safety management requirements are implemented
Caring for Health across all areas and throughout all levels.Safeguarding Employee Well-being Strategy
Equipment safety management strictly implements full lifecycle control. Equipment management departments regularly organize the scrap
Welfare and Care application evaluation and disposal of equipment promptly phasing out uneconomical unsafe and non-environmentally friendly equipment.Planned maintenance and daily condition monitoring are fully implemented with routine maintenance scheduled maintenance and special
Jiamusi Electric Machine Company ensures the implementation of care initiatives through institutional support formulating the Implementation
maintenance systems aligned with production operations. The "cleaning lubrication tightening adjustment and anti-corrosion" maintenance
Measures for Employee Support and Care and systematically establishing a system of employee benefits and humanistic care that covers all
method is strictly followed to standardize operational procedures effectively preventing "run spill drip and leak issues" of equipment and
employees throughout the year providing solid support for regular care activities.building a solid defense line for work safety.The Company fully implements the employee mutual aid program. In 2025 it applied for mutual aid funds totaling RMB 44000 for 30 employ-
ees with illnesses; organized company-wide health check-ups; held special lectures on the prevention of cardiovascular and cerebrovascular Impact Risk and Opportunity Management
diseases inviting experts from top-tier hospitals to provide on-site guidance strengthening health protection; and distributed birthday cards to The Company has successfully passed the Occupational Health and Safety Management
over 1900 employees conveying organizational warmth. These inclusive initiatives effectively enhance employees' sense of achievement hap- Systems Certifications by Huaxin Company. In 2025 the Company completed the testing of
piness and belonging creating a warm and supportive workplace environment. occupational health hazard sites and organized 510 employees to undergo specialized occu-
pational health examinations effectively safeguarding the occupational health rights and
interests of employees.The Company simultaneously enhances employees' work and life experiences by upgrading
dormitory facilities establishing a clinic wellness corners and an employee canteen and
Case Corporate open day equipping them with air purification devices. Recreational areas feature basketball courts
badminton courts and fitness facilities. A mental health consultation room has been estab-
lished and regular health knowledge lectures and occupational health protection training are
Jiamusi Electric Machine Company held a corporate open day to conducted integrating safety and health concepts into daily management creating a safe
celebrate the 75th anniversary of its factory relocation inviting comfortable and caring work environment and demonstrating the Company's comprehensive
over 80 former leaders retired employees and their families to commitment to employee physical and mental well-being. The Company's occupational health and safety
visit the "garden factory." The event provided an immersive expe- management system has obtained GB/T45001-2020 idt
ISO45001:2018 certification.rience of the Company's development journey aimed at passing
down corporate spirit deepening emotional connections and 指标与目标
highlighting its commitment to humanistic care and cultural heri-
Indicator Unit Target Target Achievement Status
tage.Work safety accidents Cases 0 Achieved
Fire accident Cases 0 Achieved
051 0522025 Environmental Social and Governance (ESG) Report Dedicated to Social Well-beingCo-creating a Harmonious Landscape
Work Safety Case "Thunder Action" work safety initiative
Jiamusi Electric Machine Company systematically improved the emergency management system for work safety formulated and announced
the 2025 safety measures plan and emergency drill plan and organized various units to carry out diversified emergency drills. The Company In August 2025 Jiamusi Electric Machine Company launched the "Thunder
completed the inspection and renewal of expired fire extinguisher cylinders compiled and issued the Compilation of On-site Emergency Action" work safety initiative closely adhering to the principles of rapid
Response Plans for Production and strengthened on-site emergency response capabilities. Simultaneously safety management personnel were response accurate identification practical implementation full coverage
equipped with networked walkie-talkies to enhance emergency communication efficiency. The company commissioned a third party to redevel- decisive action and strict accountability comprehensiveness firmness and
op emergency plans and completed registration with the Emergency Management Bureau comprehensively improving its capability to prevent strictness" focusing on hazard identification and the rectification of "viola-
and respond to emergencies. tions of procedures operations and labor discipline." During the initiative a
total of 26 joint and specialized inspections were conducted 59 inspection
bulletins were issued 785 issues were rectified and 266 instances of viola-
tion (including 120 from related parties) were assessed with penalties total-
Case "Work Safety Month" campaign ing RMB 73000 demonstrating a "zero tolerance" approach to violations.Through leadership engagement full participation and immediate rectifica-
tion the initiative effectively promoted the transition of safety management
In June 2025 Jiamusi Electric Machine Company meticulously planned and organized all employees to watch safety warning educa- from post-incident handling to preventive measures building a solid safety
tional films using real-life cases to sound the alarm on safety. The Company produced and displayed themed promotional boards for foundation for the Company's high-quality development.the "Safety Production Month" in the manufacturing areas and launched a short video competition on safety. Through vivid imagery
and profound messaging the campaign conveyed the importance and necessity of work safety enhancing employees' safety aware- The Company has established a system for reporting and investigating work safety accidents conducting cause analysis investigation and han-
ness and emergency response capabilities. dling safety education and accountability in accordance with the principle of no closure without identified cause accountability corrective
action and lessons learned. At the same time the Company establishes mechanisms for accident notification and warning designated supervi-
sion and the "accountability reporting" process. Units where accidents occur must convene on-site educational meetings to review the acci-
dent process analyze its causes and identify weaknesses and areas for improvement.Based on national Workplace Injury Insurance Regulations and relevant laws and taking into account its actual circumstances the Company
has formulated the Internal Workplace Injury Management Operating Guidelines and pays workplace injury insurance premiums for its employ-
ees on time. In the event of a work injury accident the relevant departments shall immediately go to the scene to handle the situation and
conduct an accident investigation. If necessary they shall promptly send the employee to an appropriate hospital for medical treatment
provide assistance in applying for work injury identification and benefits and provide regular visits and condolences. Subsequent steps include
identifying the cause and extent of the injury determining the nature and responsibility for the accident formulating improvement measures
and supervising their implementation.During the reporting period the Company experienced no major work safety accidents.Fulfilling Our Mission
Strengthening National Welfare and People's Livelihood
Rural Revitalization
Jiamusi Electric Machine Company continues to deepen its social responsibility practices leveraging its corporate resources and professional
advantages to steadily advance public welfare initiatives such as rural revitalization. Through consistent actions it fulfills the responsibilities of a
state-owned enterprise promoting the synergistic enhancement and organic integration of economic and social benefits.The company deeply recognizes the strategic significance of rural revitalization in the overall context of national rejuvenation. It continues to
leverage its resources and professional advantages as a state-owned enterprise steadily advancing targeted assistance initiatives. Through
sustained actions it deepens its commitment to responsibility supporting rural development and common prosperity and demonstrating the
The Company strictly implements a closed-loop mechanism for identifying and rectifying potential hazards. Senior leaders led 17 safety inspec- mission of a state-owned enterprise in the new era. In 2025 the Company's investment in rural revitalization amounted to RMB 3.1382 million.tions and 8 special reports while safety management leaders and other team members conducted 18 and 23 inspections respectively. All 161 Belt and Road Initiative
issues identified by company leaders have been rectified. The Safety Technology and Environmental Protection Department identified a total
of 629 issues with 620 already resolved and the remaining 9 being addressed according to plan. This ensures early detection rapid response The Foreign Trade Department of Jiamusi Electric Machine Company continues to deepen its implementation of the Belt and Road Initiative
and strict closure of potential hazards continuously strengthening the work safety defense line. steadily advancing the Group's strategic transformation into a manufacturer a system integrator and an operation and maintenance service
provider while steadily expanding its overseas market presence. The Company regularly visits key customers such as Burckhardt Xylem Inc.Flowserve Luer Pump Yueke (Wuxi) SMS Group and Prettech strengthens communication and collaboration accurately addresses pain points
in cooperation continuously optimizes service experience effectively consolidates customer relationships enhances cooperation stickiness
promotes steady growth in the share of overseas orders and demonstrates the Company's responsibility and sustainable development practic-
es in international operations.
053 054Green Manufacturing
Co-creating a New Chapter
of Low-Carbon Development
Green as the Foundation Enhancing
Environmental Management 057
Driving Carbon Reduction Responding
Climate Change 058
Circular Empowerment Optimizing Resource
Utilization 061
Strict Pollution Control Upholding Environmental
064
Protection Red Lines
055 0562025 Environmental Social and Governance (ESG) Report Green Manufacturing Co-creating a NewChapter of Low-Carbon Development
Green as the Foundation Strategy
Enhancing Environmental Management The Company has systematically identified three key environmental protection risk points: non-compliant emissions major or above sudden
environmental incidents and environmental violations in construction projects. Focusing on precise risk prevention and control the Company
Jiamusi Electric Machine Company takes ecological civilization construction as its mission systematically integrating environmental compliance
guides its various business units and production lines to continuously strengthen environmental risk identification and control dynamically
concepts into the entire chain of strategic planning production operations and value creation. Adhering to the core principle of "corporate
update environmental risk lists and strictly implement emergency drill plans. It strictly adheres to the principles of "three verifications three
development on the premise of environmental protection" the Company strictly implements the environmental protection policy of "protection
coverages" regularly organizing specialized emergency drills for chemical leaks and excessive emissions of wastewater and exhaust gas effec-
first prevention-oriented comprehensive management public participation and accountability for damages." It has established the coordinated
tively enhancing front-line emergency response and coordinated capabilities.development of economy and environment as a key strategic objective continuously advancing green operational practices and striving to
become an industry model for environmentally friendly enterprises. To effectively prevent and respond to sudden environmental incidents protect personnel safety and reduce property losses the Company has
organized relevant departments to prepare the Jiamusi Electric Machine Company Limited Sudden Environmental Incident Emergency Plan.Governance
The plan scientifically classifies four response levels based on the severity and urgency of incidents. It clearly requires responsible entities to
The Company vigorously implements a green development strategy fully integrating ecological and environmental protection requirements into proactively and promptly initiate workshop-level emergency response measures coordinate with external rescue forces when necessary collab-
all aspects of production and operations. It strictly complies with national and local environmental laws regulations and policy standards orate with neighboring enterprises and report to higher-level departments in a timely manner. This establishes an internal-external coordinat-
including the Environmental Protection Law of the People's Republic of China the Law of the People's Republic of China on the Prevention and ed efficient response mechanism building a comprehensive defense line for environmental safety.Control of Atmospheric Pollution the Water Pollution Prevention and Control Law of the People's Republic of China the Law of the People's
Republic of China on Prevention and Control of Soil Contamination the Law of the People's Republic of China on the Prevention and Control of
Environmental Pollution by Solid Waste and the Law of the People's Republic of China on the Prevention and Control of Noise Pollution. It also Metrics & Targets
follows industry standards such as the Comprehensive Emission Standard of Air Pollutants (GB 16297-1996) and the Integrated Wastewater
Discharge Standard (GB 8978-1996) systematically establishing and continuously improving its environmental management system and institu- Indicator Unit Target 2025 Completion Status
tional framework.Environmental protection incidents Cases 0 Achieved
The Company continuously optimizes the operational documents of its environmental management system by formulating specialized regula-
tions such as the Management Measures for the Decomposition of Safety and Environmental Protection Goals the Regulations for the Identifi- Major sudden environmental incidents Cases 0 Achieved
cation Evaluation and Control of Environmental Factors the Regulations for the Management of Safety and Environmental Protection Respon-
sibility Systems and the Regulations for the Investigation and Management of Hidden Risks in Environmental Emergencies. These clarify Hazardous waste disposal compliance rate % 100 Achieved
responsibilities and management requirements strengthen implementation supervision and closed-loop management promote the effective
implementation of environmental responsibilities across all departments and processes and fulfill the Company's primary responsibility for envi-
During the reporting period the Company and its subsidiaries had no violations of laws or
ronmental governance.regulations in the environmental field.The Company's environmental management system has
The Company has established a comprehensive environmental management system clarifying that the primary leaders of each department obtained GB/T24001-2016 idt ISO14001:2015 certification.serve as the first responsible persons for environmental protection ensuring full accountability. The Safety Technology and Environmental
Protection Department takes the lead in coordinating system construction and daily operations while various professional departments collabo-
rate to conduct regular inspections and supervision ensuring the effective implementation of environmental measures and continuously
improving the standardized management. The Equipment and Energy Department in collaboration with the Safety Technology and Environ-
mental Protection Department is responsible for energy conservation emission reduction management of wastewater waste gas and solid Driving Carbon Reduction
waste emissions as well as climate and carbon emission risk control ensuring environmental protection investments and technological
upgrades to strengthen the foundation for green operations. Responding Climate Change
The Company leverages its three-tier organi- Jiamusi Electric Machine Company deeply understands the strategic importance of addressing climate change in promoting ecological civiliza-
zational structure—"Safety Technology and
Safety Technology tion and achieving high-quality development. It systematically plans and steadily advances strategic initiatives and special actions for climate
Environmental Protection Department – and Environmental Protection·Department governance. The Company continuously strengthens its efforts deepens green and low-carbon practices and accelerates the comprehensive
Department Head – Fire Protection Manage- green and low-carbon transformation of the economy and society. Through practical actions it actively pursues the "carbon peaking and
m e n t S a f e t y ( E n v i r o n m e n t a l ) carbon neutrality goals" contributing Jiamusi Electric Machine Company's strength to building a modern China where humanity and nature
Management"—to achieve clear environmen- coexist in harmony.tal management responsibilities distinct
division of labor and effective execution. By Department Head Actively Pursuing the "Carbon Peaking and Carbon Neutrality Goals"
strengthening departmental coordination
and process control it promotes the imple- The Company thoroughly implements the new development philosophy continuously deepening energy-saving and carbon-reduction transfor-
mentation of environmental responsibilities mation initiatives within its facilities. It systematically integrates green and low-carbon concepts into all aspects of production and operations
at all levels ensuring that all environmental Department Head Fire Protection Safety (Environmental) steadily advancing green transformation throughout its operations and laying a solid foundation for sustainable development through practical
Assistant Management Management
management systems are effectively imple- actions.mented and building a solid institutional
foundation for the Company's green devel- Environmental Management Structure Chart
opment.
057 0582025 Environmental Social and Governance (ESG) Report Green Manufacturing Co-creating a NewChapter of Low-Carbon Development
Jiamusi Electric Machine Company adheres to systemic innovation integrating carbon reduction practices throughout the entire product lifecy-
Case Recognized as 2025 China Industrial Carbon Peak "Leading Enterprise" cle of design production use and recycling establishing a green and low-carbon management system covering source control process opti-
mization and end-of-pipe treatment. The Company has established a management mechanism integrating systems capabilities and auditing. It
Jiamusi Electric Machine Company has deeply implemented the concept of ecological civilization and was honored with the title of has added a dedicated "Zero-Carbon Factory" section within its policies clearly defining emission boundaries and accounting standards and
2025 China Industrial Carbon Peak "Leading Enterprise". This recognition serves as authoritative acknowledgment of the company's has embedded data management offset mechanisms and supply chain controls into the OA system for digital operation. Simultaneously the
efforts in driving green development through technological innovation and solidly advancing the "carbon peaking and carbon neutrality Company has advanced optimization of both equipment and processes: coal-fired boilers have been replaced with biomass steam boilers;
goals". Building on this achievement the Company will continue to deepen its green transformation actively explore replicable low-car- factory lighting has been fully upgraded to energy-efficient LED lights saving 930000 kWh of electricity annually; outdated transformers and
bon models and contribute to the realization of carbon neutrality goals. air compressors have been replaced; water supply and fire pipeline renovations have saved 90000 tons of water annually; and an innovative
application of hydrogen-oxygen welding equipment using water fuel has replaced propane welding processes reducing carbon dioxide emis-
sions in the stator winding process by 19.44 tons annually. The Company has also established a carbon footprint reporting system covering 18
product series with 27 reports providing a precise quantitative basis for carbon reduction across the entire chain and effectively driving the
in-depth development of green manufacturing.Case Power Equipment Company leverages digital technology to achieve refined energyand carbon management
Power Equipment Company established an energy and carbon management platform and installed 112 smart meters to achieve cen-
tralized monitoring and visual management of energy data. It has systematically advanced energy-saving retrofits eliminating 48 ineffi-
cient motors and upgrading fiber optic and LED lighting systems saving 250000 kWh of electricity annually. It has dynamically opti-
mized energy load allocation achieving annual cost savings of over RMB 1 million. Simultaneously the Company has applied PLM soft-
ware to deepen product lifecycle management strengthening intelligent and lightweight design to effectively reduce resource con-
sumption driving the Company's low-carbon transformation and high-quality development through the dual engines of digitalization
and green practices.Greenhouse Gas Emissions Management
Green Factory
Jiamusi Electric Machine Company systematically established a greenhouse gas emission management system formulated and implemented
Jiamusi Electric Machine Company integrates green and low-carbon concepts into every aspect of its production and operations. Guided by the the Carbon Emission Management Measures Energy Conservation Management Measures Green and Low-Carbon Management Measures
national "carbon peaking and carbon neutrality goals" the Company has formulated the Carbon Emission Management Measures Energy Con- and the Jiamusi Electric Machine Company Zero-Carbon Factory Medium- and Long-Term Strategic Plan. These measures clarify management
servation Management Measures Green and Low-Carbon Management Measures and the Medium- to Long-Term Strategic Plan for Zero-Car- responsibilities accounting processes and emission reduction pathways providing institutional support for the refined control of carbon emis-
bon Factories. It is committed to achieving the goal of "annual net-zero greenhouse gas emissions at the factory during the 15th Five-Year Plan sions. The Company comprehensively identifies major emission sources in its operations covering energy consumption activities such as
period." By establishing an intelligent energy and carbon management platform that covers the entire chain of R&D production and supply the purchased electricity natural gas gasoline diesel and heating. It systematically monitors and conducts standardized accounting for green-
Company continuously transforms its green advantages into new driving forces for high-quality development. house gases including carbon dioxide (CO?) methane (CH?) nitrous oxide (N?O) and hydrofluorocarbons (HFCs) continuously improving the
scientific rigor transparency and effectiveness of carbon management steadily advancing the Company's green and low-carbon transforma-
tion.Case Recognized as an enterprise with dual certification in carbon management systemand zero-carbon factory
Case High-efficiency motors power the world's largest green hydrogen project "Green Hydrogen No. 1"
In October 2025 Jiamusi Electric Machine Company was awarded the Carbon
Management System Certification Certificate and the Zero-Carbon Factory In 2025 Jiamusi Electric Machine Company supplied high-efficiency motors for core
Evaluation Certificate becoming the first enterprise in the domestic motor equipment such as synthesis gas compressors and hydrogen compressors for the
industry to pass the new standard certification of the Zero-Carbon Factory CEEC Songyuan "Green Hydrogen No. 1" project - world's largest integrated green
Evaluation Specification. As a national-level "Green Factory" "Green Supply hydrogen ammonia and methanol project - accounting for over 90% of the core
Chain Management Enterprise" "Green Product Design Demonstration Enter- equipment supplied. The products ensure stable system operation with high reliabilityprise” as well as one of the first in the industry to complete product carbon and exceptional energy efficiency effectively reducing energy consumption and oper-
footprint assessments the Company continues to deepen its green and ational costs supporting large-scale green hydrogen production promoting efficient
low-carbon practices increase investment in green technology R&D promote renewable energy utilization and the construction of a green chemical industry chain.low-carbon new processes and materials systematically reduce carbon emis- This demonstrates the Company's commitment to empowering customer carbon
sions throughout the product lifecycle and lead the green and high-quality reduction through green products and serving the national "carbon peaking and
development of the equipment manufacturing industry through practical carbon neutrality goals".actions.
059 0602025 Environmental Social and Governance (ESG) Report Green Manufacturing Co-creating a NewChapter of Low-Carbon Development
The Company strictly follows the deployment requirements of SASAC and the Group continuously deepening employees' understanding of
ecological civilization concepts enhancing their sense of responsibility in energy conservation carbon reduction and environmental risk preven- Indicator Unit 2025
tion and actively cultivating a corporate culture of diligence frugality and practical efficiency. The Company encourages its subsidiaries to
regularly conduct green and low-carbon specialized training and experience sharing organizing employees to engage in in-depth discussions Total water withdrawal Ton 322647.00
on energy efficiency improvement equipment optimization and resource conservation. Simultaneously it strengthens the interpretation of
"carbon peaking and carbon neutrality goals" policies and the dissemination of green development concepts internalizing the awareness of Total wastewater discharge Ton 134094.00
energy conservation and emission reduction in mindset and externalizing it in actions thereby building consensus and laying a solid foundation
for the Company's green and low-carbon transformation. Total water consumption Ton 188553.00
Fresh water usage Ton 165154.20
Circular Empowerment
Optimizing Resource Utilization Energy Management System
Jiamusi Electric Machine Company continues to deepen the core concept of resource conservation integrating it into all aspects of its produc- Jiamusi Electric Machine Company continuously optimizes its energy management system strictly implements institutional documents such as
tion and operations. It systematically advances total resource management scientific allocation efficient utilization and recycling continuously the Energy Management System Manual Management Measures for High Energy-Consuming Equipment Energy Conservation Management
refining its precise control mechanisms consolidating its foundation for green operations and providing solid resource security for high-quality Measures and Power System Management Measures. The Company has established an energy management organizational structure with the
and sustainable development. Chairman as the primary responsible person management overseeing coordination the Equipment and Information Technology Department
Water Resource Management leading implementation and all energy user units collaborating in execution. The Equipment and Information Technology Department is respon-
sible for promoting energy conservation regulations and policies scientifically allocating targets to subsidiaries and strengthening monthly
The company places high importance on water resource management prioritizing the rational allocation efficient conservation and strict supervision and assessment. Each workshop and energy-using unit strictly implements energy consumption targets deepening energy-saving
protection of water resources. It focuses on strengthening water demand management and process control. By improving the institutional practices based on actual production conditions forming a well-defined closed-loop and continuously improving energy governance mecha-
system clarifying responsibilities enhancing management capabilities and strengthening supervision the Company strictly controls total water nism that effectively enhances energy efficiency and management standardization.consumption and comprehensively improves water use efficiency.Management system and organizational support
The Company has formulated the Water Conservation Work Management System and the Jiamusi Electric Machine Company Wastewa-
ter Management Measures established a water conservation leadership group with leaders responsible for production serving as group Chairman
leaders and deputy group leaders and key department heads as members coordinating water resource management. Each year the
Company applies for permit for water withdrawals from the municipal water resource management department in accordance with the
law scientifically sets annual water usage targets and allocates them to each user unit achieving closed-loop control throughout the General Manager
entire process.Deputy General Manager in Charge
Strengthen water intake and supply management
The outdoor water supply system in the plant area adopts an integrated model for production domestic use and firefighting. Water is Equipment and IT Development Department
supplied via the municipal water network stored in a reservoir and then pressurized for secondary supply. The Company has legally
obtained the Permit for Water Withdrawal and uses municipal groundwater in compliance with regulations while also utilizing the
municipal water network ensuring diverse stable and legally compliant water sources.Strict water conservation and recycling
In accordance with environmental impact assessment requirements the Company implements pollution prevention measures installing
water-saving fixtures and wastewater treatment facilities to reduce water waste in production and domestic use. It has established a test
water storage tank to enable the recycling of test water achieving an annual recycled water volume of 120000 tons effectively improv-
ing water resource efficiency. At the same time the Company regularly formulates water use plans and targets assigning dedicated
personnel to monitor and enforce compliance effectively advancing water conservation initiatives.Jiamusi Electric Machine Company Energy Management System Organizational Chart (Main Units)
061062
Product Manufacturing
Department
Company Office
Design Department
Process Department
QA Department
Procurement Center
Canned Motor
Workshop
Spraying and Packaging
Workshop
Punching and Shearing
Workshop
Electric Workshop
Large Workshop
Small Workshop2025 Environmental Social and Governance (ESG) Report Green Manufacturing Co-creating a NewChapter of Low-Carbon Development
Circular Economy
As the first zero-carbon factory a national-level green factory and a green supply chain management enterprise in China’s motor industry
Jiamusi Electric Machine Company takes the national “carbon peaking and carbon neutrality goals” as its guidance and deeply integrates the
concepts of efficient resource utilization and circular economy into the entire value chain covering product R&D manufacturing supply chain
collaboration and full life cycle management of products. The Company strictly adheres to industry standards such as GBT 32355.5-2015 and
the Catalogue of Advanced and Applicable Processes and Equipment for the Comprehensive Utilization of National Industrial Resources (2025
Edition). Through technological upgrades process optimization and systematic resource recycling initiatives it continuously enhances resource
utilization efficiency reduces resource consumption and waste emissions and steadily advances the development of a circular economy
system in the motor manufacturing sector.The Company has fully integrated the management of idle and waste materials into a refined control system establishing a comprehensive
process management system covering classification disposal and supervision. It has scientifically established classification standards dividing
waste materials into five categories including scrapped fixed assets inventory materials and production waste. A cross-departmental evalua-
tion team composed of the Finance Department Product Manufacturing Department and other relevant units has been established to exer-
cise collaborative supervision and compliance review over the entire disposal process effectively ensuring the standardization transparency
and traceability of resource management and continuously enhancing the level of recycling and operational governance efficiency.The Company systematically establishes a governance mechanism for material recycling that covers procurement manufacturing and ware-
housing. The Procurement Center has efficiently promoted the transfer allocation return and exchange of overstocked materials while the
Product Manufacturing Department takes the lead in identification classification and progress control. Relying on the Procedures and Manage-
ment Measures for the Utilization of Overstocked Materials and the IWMS system standardized dynamic monitoring is realized. Supported by
an incentive mechanism a closed-loop management process of “identification – allocation – utilization – feedback” has been formed. Key mate-
rials such as plastic paper metal and wood are efficiently recycled and reused significantly improving resource turnover efficiency reducing
inventory costs and environmental impact and effectively promoting the synergy between lean operations and green sustainable development.Jiamusi Electric Machine Company Energy Management System Manual
The Company deeply integrates the concept of green design into the entire production and manufacturing process steadily advancing the
practice of green manufacturing. By optimizing the nesting process for steel plates material utilization has been improved saving 329.86 tons
of steel plates; the leftover materials from nesting are processed into components and damaged pallets are repaired for reuse resulting in
cumulative cost savings of RMB 550100. These measures effectively reduced resource consumption and waste generation tangibly promoted
The company's energy management system is certified under ISO 50001:2018 and the green and low-carbon transformation of the production process and demonstrated the Company's solid achievements in efficient resource
RB/T119-2015. The scope of the management system certification covers energy management utilization and circular economy construction.activities related to the production systems auxiliary production systems and subsidiary
production systems involved in products such as general motors explosion-proof motors aux-
iliary fans hoisting and metallurgical motors generators and canned motor pumps Strict Pollution Control
The Company's energy structure encompasses electricity natural gas water biomass fuel Upholding Environmental Protection Red Lines
gasoline and diesel. Winter heating is fully powered by biomass fuel actively promoting the
application of clean energy. The boiler system innovatively utilizes economizer technology to Jiamusi Electric Machine Company resolutely implements Xi Jinping Thought on Ecological Civilization focusing on the core task of effectively
efficiently recover exhaust heat from flue gases to preheat feedwater. While enhancing ther- preventing pollutants and environmental health risks. Adhering to the principles of targeted science-based and law-based pollution control
mal energy utilization efficiency and reducing energy consumption and emissions this the Company systematically promotes full-chain environmental risk management of pollutants and wastes. The Company focuses on strength-
achieves the coordinated optimization of water resources and thermal energy demonstrating ening institutional development and technological empowerment continuously optimizing the operational efficiency of the governance system
Energy Management System Certification Certificate the deep integration of refined resource management and green low-carbon operations. solidly enhancing the practical effectiveness of solid waste pollution prevention and control effectively reinforcing the ecological and environ-
mental safety barrier and fully safeguarding public health and ecological security.Indicator Unit 2025
Pollutant Emissions
Total energy consumption Ton of standard coal equivalent 12631.25 The Company strictly abides by environmental protection laws and regulations including the Environmental Protection Law of the People’s
Republic of China the Law of the People’s Republic of China on the Prevention and Control of Atmospheric Pollution the Water Pollution
Fossil energy consumption Ton of standard coal equivalent 2682.28 Prevention and Control Law of the People's Republic of China and the Law of the People’s Republic of China on the Prevention and Control of
Environmental Pollution by Solid Waste deepens the management of environmental matters and earnestly fulfills its environmental protection
Non-fossil energy consumption Ton of standard coal equivalent 4715.65 responsibilities.Purchased energy consumption Ton of standard coal equivalent 10648.50
063 0642025 Environmental Social and Governance (ESG) Report Green Manufacturing Co-creating a NewChapter of Low-Carbon Development
Waste gas
The storage sites for general waste have been renovated with on-site signage improved. Recyclable solid
The Company continues to deepen actions to improve atmospheric environmental quality adhering to the coordinated efforts of source control waste is collected separately from non-recyclable solid waste such as domestic waste and construction
and energy structure optimization and systematically implements the collaborative management of atmospheric pollutants such as particulate Non-hazardous waste waste. Domestic waste is collected at designated points and promptly transported by sanitation authorities.matter sulfur dioxide nitrogen oxides volatile organic compounds ammonia and greenhouse gases. In prevention and control practices for disposal General industrial solid waste is subject to classified collection properly stored temporarily and handed
pollutants such as toluene xylene and non-methane total hydrocarbons generated from the painting process the Company has installed rolling over to professional treatment entities for recycling and disposal.curtain painting booths and entrusted third-party professional institutions for regular operation and maintenance; biomass boilers adopt multi-
cyclone and baghouse dust removal technologies for smoke elimination and dust collection; waste gas from the painting booths of the Power
Equipment Company is efficiently treated through a dual adsorption process of filter cotton and activated carbon ensuring stable and compli-
ant emissions. During the reporting period all pollution prevention and control facilities operated in a standardized and orderly manner with no Precise source classification. Comprehensive identification of hazardous waste generation points is con-
incidents of abnormal emissions. The air pollution prevention and control system was continuously strengthened and the effectiveness of gov- ducted. Qualified professional institutions are commissioned to identify waste characteristics hazardous
ernance steadily improved. Hazardous waste waste markings and labels are standardized and a hazardous waste inventory and ledger are established.treatment
Wastewater Strict control of storage risks. The construction and operation of hazardous waste temporary storage facili-
ties are carried out in accordance with laws and regulations. Storage is conducted in a classified and parti-
The Company adheres to a coordinated approach of source prevention and end-of-pipe treatment. Daily generated domestic sewage is trans-
tioned manner and open-air stacking is strictly prohibited.ported to the internal wastewater treatment station where a combination of physical and biochemical processes such as air flotation biological
oxidation and sedimentation is employed for centralized treatment. This ensures that the effluent quality meets the required standards before
it is properly connected to the municipal pipe network. Through process optimization and refined operation and maintenance the Company
continuously enhances the efficiency of wastewater treatment effectively fulfills its responsibility for water environmental protection and safe- Indicator Unit 2025
guards regional water ecological security.Total solid waste disposal Ton 11352.10
Indicator Unit 2025
General industrial solid waste disposal Ton 10860.00
Wastewater discharge Ton 115593
Hazardous waste disposal Ton 492.10
During the reporting period the Company achieved a 100% compliance rate for pollutant emissions including waste gas and wastewater
maintaining stable environmental performance and effectively upholding the bottom line of green operations.Waste Disposal
The Company strictly adheres to laws and regulations such as the Environmental Protection Law of the People's Republic of China the Law of
the People's Republic of China on the Prevention and Control of Environmental Pollution by Solid Waste the Measures for the Administration of
the Directory of Key Environmental Supervision Units and the Measures for the Management of Hazardous Waste Transfer. It continuously
improves and rigorously implements the Solid Waste Management Measures to systematically strengthen the standardized management of
solid waste throughout the entire process. During the reporting period the compliance disposal rate of hazardous waste and the coverage rate
of classified waste management both remained at 100%.The Company has systematically established a management system for solid waste and hazardous waste. Focusing on three core directions of
source reduction resource utilization and harmless disposal it coordinated and promoted efforts covering six key work dimensions_ — policy
and regulation publicity and implementation system capacity building scientific research breakthrough and exploration key project implemen-
tation information system construction and special supervision and inspection. The Company continuously strengthens the guarantee of capital
and technical factors intensifies efforts to tackle key technologies for waste reduction and high-value utilization and actively introduces and
promotes the application of new technologies new processes and new products so as to provide solid technical support and talent guarantee
for its sustainable development.At the management and implementation level the Company strictly follows the Management Procedures for the Control of Solid Waste Pollu-
tion. Hazardous waste is properly stored in special hazardous waste rooms and qualified third-party professional institutions are selected
through public bidding to carry out harmless disposal such as incineration ensuring compliance safety and traceability throughout the entire
process. At the same time the Company continues to enhance waste reduction practices rigorously reviews the qualifications of disposal units
strengthens supervision and closed-loop management in the disposal process effectively improves the standardization and environmental
safety of solid waste management and promotes the company's circular development and regional ecological synergy.
065 0662025 Environmental Social and Governance (ESG) Report Future Outlook
Future Outlook
Looking ahead to 2026 in the inaugural year of the 15th Five-Year Plan
Jiamusi Electric Machine Company will focus on enhancing quality and effi-
ciency striving for breakthroughs against adversity. Guided by Xi Jinping
Thought on Socialism with Chinese Characteristics for a New Era the Com-
pany is committed to serving the national strategy fully accurately and com-
prehensively implementing the new development philosophy and accelerat-
ing the construction of a new development paradigm. With high-quality
development as the theme the development of new quality productive forces
as the focus reform and innovation as the fundamental driving force and
transformation and upgrading as the breakthrough point the Company will
deeply understand the "Three Transformations" strengthen the "Six Greater
Emphases" effectively implement the "Six Priorities" and closely adhere to
the "12345" work approach. It will comprehensively enhance core functions
and improve its core competitiveness striving to achieve the Company's
annual targets and tasks with high quality. At the same time the Company
will continue to deepen the development of its ESG governance system
improve its responsibility management mechanisms and steadfastly advance
green transformation while creating shared social value. By working hand in
hand with employees customers communities and other stakeholders we
will deliver new achievements in high-quality and sustainable development to
support national strategies and contribute our wisdom and strength to the
advancement of Chinese-style modernization.
067 0682025 Environmental Social and Governance (ESG) Report Appendix
Ap Indicator Unit 2025 2024ESG数据和附注 pendix
Generation volume of general industrial solid waste Ton 10860 11367.87
ESG Performance Indicators
General industrial solid waste disposal Ton 10860 11367.87
Environmental Performance
Generation volume of hazardous waste Ton 492.1 456.45
Indicator Unit 2025 2024
Hazardous waste disposal Ton 492.1 456.45
Total water withdrawal Ton 192586 322647
Total amount of waste recycled and reused Ton 10860 1784.22
Total wastewater discharge Ton 145691.8 134094
Proportion of waste recycled and reused % 95 15
Fresh water consumption Ton 165154.2 188553
Total greenhouse gas emissions Tonnes of CO? Equivalent 36059.84 38616.49
Total water consumption Ton 143574.2 188553
Scope 1 emissions Tonnes of CO? Equivalent 5380.51 5367.84
Water consumption per RMB million revenue tons /RMB Million 32.14 38.49
Scope 2 emissions Tonnes of CO? Equivalent 30679.33 33248.65
Ton of standard coal
Total energy consumption equivalent 12631.25 12551.89
Ton of standard coal
Fossil energy consumption equivalent 2682.28 2037
Ton of standard coal
Non-fossil energy consumption 4715.65 3533.89 Social Performanceequivalent
Proportion of non-fossil energy consumption % 37.33 28.15
Indicator Unit 2025 2024
Ton of standard coal
Clean energy consumption equivalent 2457.42 4867.05
Total number of employees Person 1952 1940
Proportion of clean energy consumption % 19.46 38.78
Ton of standard coal Ethnic minority employees Person 127 114
Purchased energy consumption equivalent 10648.5 6981
Including:
Disabled employees Person 5 6
Total material consumption Ton 68941 71867
Male Person 1665 1650
Hazardous material consumption Ton 193 195 By gender
Female Person 287 290
Office paper consumption Ton 7.96 15.1
30 and below Person 433 385
Packaging material consumption Ton 77924.8 89555
By age 30–50 (inclusive) Person 1199 1235
Consumption of recyclable packaging materials Ton 684 797
Above 50 Person 320 320
Consumption of non-recyclable packaging materials Ton 6.2 7
Production personnel Person 646 673
Total environmental protection investment RMB ten thousand 450.4 484.07
Sales personnel Person 228 229
Environmental violations and illegal activities Cases 0 0 By professional
category Technical personnel Person 679 642
Amount of major administrative penalties imposed by
environmental protection and other relevant authorities for RMB ten thousand 0 0 Finance personnel Person 48 48
environmental incidents during the reporting period
Administrative personnel Person 351 348
Wastewater discharge Ton 115593 137933
Total solid waste disposal Ton 11352.1 11620.13
069 0702025 Environmental Social and Governance (ESG) Report Appendix
Indicator Unit 2025 2024 Indicator Unit 2025 2024
Doctoral degree Person 5 2 Senior management % 100 100
Master's degree Person 203 164 By management leve Middle management % 100 100
By education
background Bachelor's degree Person 945 933 Grassroots employees % 100 100
Associate degree Person 289 299 Average training duration per employee Hours 12 11
High school and below Person 510 542 Amount of investment in work safety RMB ten thousand 1179.73 1336.93
Percentage of female employees % 14.7 14.95 Number of safety training sessions Sessions 183 164
Percentage of ethnic minority employees % 6.51 5.88 Safety training hours Hours 724 629
Total number of new employees Person 93 130 Total person-times of safety training participation Person 17326 14940
Male Person 81 109 Work safety training coverage rate Person-time 100 100
By gender
Female Person 12 21 Amount of investment in occupational injury insurance for employees RMB ten thousand 202.37 65.43
By recruitment Fresh graduates Person 93 125 Coverage of occupational injury insurance for employees % 100 100
channel
Social recruitment Person 0 5 Amount of investment in work safety liability insurance RMB ten thousand 202.37 65.43
Labor contract signing rate % 100 100 Work safety liability insurance coverage rate % 100 100
Employee turnover rate % 2.64 4.12 Number of work safety accidents Cases 0 0
Male % 88.24 75 Work injury rate % 0 0.04
By gender
Female % 11.76 25 Work days lost due to occupational injuries Day 0 0
30 and below % 70.59 47.5 Work days lost per million RMB revenue due to occupational injuries Day/RMB million 0 0
By age 30–50 (inclusive) % 19.61 42.5 Occupational disease incidence rate % 0 0
Above 50 % 9.8 100 Work-related fatalities Person 0 0
By region Chinese mainland % 100 100 Fatalities per hundred million RMB revenue Person /RMB Million 0 0
Social insurance coverage rate % 100 100 Work-related fatality rate % 0 0
Per capita paid leave time Day 10.2 10.1 Amount of investment in employee assistance RMB ten thousand 6 3.89
Training investment RMB ten thousand 261 519 Number of employees in need assisted Person 62 49
Training sessions held Sessions 376 613 Number of employees surveyed Person 1952 1940
Training participants Person 1940 1940 Losses caused by major product/service safety and quality
liability incidents during the reporting period RMB ten thousand 0 0
Training coverage rate % 100 100
Male % 100 100 Number of customers participating in satisfaction survey Unit 625 670
By gender
Female % 100 100 Coverage rate of customer satisfaction survey % 96.63 97.13
071 0722025 Environmental Social and Governance (ESG) Report Appendix
Indicator Unit 2025 2024 Indicator Unit 2025 2024
Number of customer complaints Cases 0 1 Total tax paid during the reporting period RMB ten thousand 18791.15 17723
Amount involved in data security incidents RMB ten thousand 0 0 Including: value-added tax RMB ten thousand 11829.02 11358
Amount involved in client privacy breach incidents RMB ten thousand 0 0 Corporate income tax RMB ten thousand 3221.78 2862
Amount of R&D investment RMB ten thousand 16909.39 18372.39
Proportion of R&D investment to operating revenue % 3.4 3.75
Governance Performance
Number of R&D personnel Person 669 461
Proportion of R&D personnel % 34.27 23.76 Indicator Unit 2025 2024
Number of patent applications Cases 61 67 Number of Party Committee meetings Times 73 107
Number of invention patent applications Cases 34 23 Number of Party branches Nos 33 31
Number of utility model patent applications Cases 27 44 Number of Party members Person 765 754
Meeting convening Shareholders' meetingNumber of design patent applications Cases 0 0 Times 4 5
status
Board of directors
Number of patents granted Cases 77 84 Times 12 12
Shareholders' meeting
Number of invention patents granted Cases 27 39 Item 25 31Proposal review status
Board of directors
Number of utility model patents granted Cases 50 44 Item 95 87
Composition of the
Number of directors
Number of design patents granted Cases 0 1 board Person 8 9
Male
Total number of valid patents Cases 701 639 Person 7 8By gender
Female
Valid patents per million revenue Units/RMB Million 0.14 0.13 Person 1 1
Number of independent directors
Total number of trademark rights Cases 14 10 Person 3 3
Proportion of independent directors
Total number of copyrights Cases 0 0 % 37.5 33.33
Proportion of female directors
Total number of software copyrights Cases 14 12 % 12.5 11.11
Senior management Number of senior executives
Number of technology ethics violations Cases 0 0 composition Person 7 7
Training duration of anti-commercial bribery and anti-corruption
Number of suppliers Unit 951 615 training sessions Hours 8 5
Management level
Amount of investment in public welfare activities RMB ten thousand 285.08 215.6 Hours 8 5
Including:
Employee
Total number of public welfare activities Times 10 16 Hours 8 4
Volunteers participating in public welfare activities Person 470 Coverage of anti-commercial bribery and anti-corruption training300 % 100 57.55
Management level
Volunteer hours in public welfare activities Hours 360 776 % 100 11.05
Including:
Employee
Rural revitalization investment RMB ten thousand 313.82 168.63 % 100 46.51
073 0742025 Environmental Social and Governance (ESG) Report Appendix
Reader Feedback Form
Indicator Unit 2025 2024
Amount involved in litigation or major administrative penalties RMB ten thousand 0 0
due to unfair competition during the reporting period
Dear Reader
Hours of anti-monopoly and fair competition management training Hours 2 2 Greetings! Thank you for taking the time to read the 2025 Environmental Social and Governance Report of Harbin Electric Corporation Jiamusi
Electric Machine Company Limited. If you have any comments or suggestions please do not hesitate to let us know. Your feedback will help us
Participants in anti-monopoly and fair competition management training Person 127 500 further improve our sustainable development management.?．Which stakeholder group do you or your organization belong to
□ Employee of the Company □ Government/Regulatory authority □ Shareholder/investor □ Client/Potential client
Definitions
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Terms
□ Other (Please specify)
CSRC refers to China Securities Regulatory Commission
?.Is the information you are concerned about adequately covered in this report
NDRC refers to National Development and Reform Commission of the People's Republic of China
□ Yes □ Partially □ No
SASAC refers to State-owned Assets Supervision and Administration Commission of the State Council
SZSE refers to Shenzhen Stock Exchange ?.How would you rate this report overall
Self-Regulatory Guidelines No.17 for Companies Listed on Shenzhen Stock Readability (clear and accessible expression aesthetically pleasing design engaging content easy to locate desired information)
Guidelines refers to
Exchange – Sustainable Development Report (Trial)
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?.Apart from the content already disclosed in this report what other types of information would you like to see
075 0762025 Environmental Social and Governance (ESG) Report Appendix
Disclaimer
The information contained in this report does not constitute any investment advice. Investors
should not rely solely on such information to replace their independent judgment or make deci-
sions. The Company shall not be held liable for any losses arising from the use of or reliance
on the information in this report. The information published by our Company is truthful and
accurate. In the event of any discrepancy between this report and statutory disclosure docu-
ments the statutory disclosure shall prevail.The copyright of all images belongs to their owners. Please contact us for removal if any
infringement occurs.
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