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KJiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report
Reporting period Address by chairman 004 Green innovation creating high-quality
products 054
This report is an annual report covering the period from January 1 2024 to December About Jiamusi Electric 007
31 2024. To enhance the completeness of this report some information may exceed Protecting ecology advancing environmental
this time period. Social Recognition and Honors 008 management 056
Data description Optimal resource allocation for efficient Topic 1: Party Building Leadership utilization 057
The historical data cited in this report are final statistics. In case of discrepancies with Forging the Soul of Spirit Pollution control standards protecting the annual report the annual report shall prevail; financial data is in RMB. It is important 010
to note that the Company completed the acquisition of Harbin Electric Power the ecological environment 058
Equipment Company Limited in 2024 and that the data for 2022-2024 in this report has Strengthening the Foundation of Party Building 012
been consolidated with that of Power Equipment Company. Key Tasks of Party Building 012 Refined products leading the
Reporting scope Topic 2: Innovation-Driven industry wave 060
This report covers the environmental social and governance performance of Harbin Stimulating Product Vitality 016 Quality improvement forging excellent quality 062
Electric Corporation Jiamusi Electric Machine Company Limited and its subsidiaries. Digital transformation to enable smart
Plan innovative strategic layout 018 manufacturingReferences 066Actively carry out trial production of new
Industry leadership working together
products
This report is compiled referring to the Guidelines for State-owned Enterprises to Better 019 with partners 067
Fulfill Social Responsibilities Work Plan to Improve the Quality of Listed Companies Innovation and R&D and patent management 020
Held by Central Enterprises Guidelines for Central Enterprises to Fulfill Social Customer priority ensuring rights and interests 069
Responsibilities with High-Standard in the New Era and Reference Index System for
ESG Special Reports of Listed Companies Controlled by Central Enterprises (referred ESG 024
to as the ESG Index System for Central Enterprises) issued by the State-owned Assets Warming society shaping a
Supervision and Administration Commission and the GRI Standards (Edition 2021) ESG strategy and governance architecture 026 074
issued by the Global Sustainability Standards Board (GSSB). As a company listed on harmonious future
the main board of the Shenzhen Stock Exchange (stock code: 000922.SZ) this report Stakehol der communication 028
also refers to the relevant disclosure recommendations on social responsibility in the Analysis of substantive issues 029 Respecting employees safeguarding rights 076
Self-regulatory Guidelines for the Companies Listed on the Shenzhen Stock Exchange Health protection building safety defenses 082
No. 1 - Standardized Operation of the Companies Listed on the Main Board (Revised
in December 2023) Self-regulatory Guidelines for the Companies Listed on the Establish regulations for stable Growth empowerment supporting employee
Shenzhen Stock Exchange No. 17 - Sustainable Development Report (Trial) and Self- development 086
regulatory Guidelines for the Companies Listed on the Shenzhen Stock Exchange No. development and plan long-term
3 - Formulation of Sustainable Development Report issued by the Shenzhen Stock Green chain collaboration fulfilling supplyExchange. The disclosure of indicators in this report can be found in the “Indicator plans 030 Index” section of the appendix. responsibilities 089
Optimize governance and lay a solid foundation Community co-construction supporting social
Language version and request for development 032 development 092
Conducting compliance construction
This report is available in Chinese version which is provided in electronic format. For
more information you can visit the Company’s official website at https:// www.jemlc. strengthening foundation of the rule of law 035 Future prospects 095
com/ or follow the WeChat official account “Culture of Jiamusi Electric Machine”. Strengthening risk control ensuring steady Table of Performance Indicators
Interpretation progress 037
Upholding business ethics creating a clean environment for Sustainable Development
096
Item Refers to Explanation 040 Benchmarking Index Table 102
CSRC Refers to China Securities Regulatory Commission Making protection of rights and interests
SZSE Refers to Shenzhen Stock Exchange
J i a m u s i E l e c t r i c
Machine Company/ Refers to Harbin Electric Corporation Jiamusi Electric Machine Company
enhancing investment trust 043
Company/We Limited
Articles of Association Refers to The Articles of Association approved at the 2nd Extraordinary Shareholders’ Meeting of the Company in 2024 Lush greenery building an
Harbin Electric Refers to Harbin Electric Corporation ecological journey together 048
J i a m u s i E l e c t r i c
Machine Company Refers to Jiamusi Electric Machine Company Limited
Suzhou Jiamusi Electric Permanent Magnet Motor Technology Low-carbon actions addressing climate Suzhou Jiamusi Electric Refers to Company Limited
change 050
Advanced Motor Refers to Harbin Electric Corporation Advanced Electric Machine Technology Co. Ltd.P o w e r E q u i p m e n t
Company Refers to Harbin Electrical Power Equipment Company Limited
002 Ten thousand yuan Refers to RMB ten thousand 003
About this reportJiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report
Address by chairman
and implements the mid-term tasks of the “14th Five-Year Plan” and builds an innovation ecosystem with an “open competitionmechanism to select the best candidates” and deep industry-university-research integration. Guided by market demand it
strengthens the transformation of technological achievements accelerates the R&D of green and low-carbon drive systems
intelligent motor equipment and other cutting-edge equipment and provides protection for 18 graphic trademarks. It empowers
industrial upgrading with full-chain innovation and continuously consolidates the Company’s leading position in industry
technology.Strengthen governance and increase compliance management
With the goal of “building a world-class electric drive system manufacturing and service enterprise” the Company continuously
deepens corporate governance. It constructs a ESG management system and governance architecture to integrate ESG
factors into all aspects of production and operation decisions comprehensively improve corporate governance levels further
standardize the deliberation activities of various governance bodies and gradually achieve institutionalized standardized and
procedural governance. It perfects the “1+N” risk management system for compliance management systematically advances
lawful and compliant operations and improves the full life-cycle management system for major risk identification assessment
response monitoring and acceptance. It also strengthens integrity governance actively safeguards the rights and interests of
all stakeholders and enhances information transparency. This lays a solid foundation for high-quality development with efficient
compliance management.Draw a new chapter in green transformation and establish a new benchmark
in low-carbon empowerment
The Company implements annual environmental protection goals and develops high-efficiency energy-saving low-carbon and
environmentally friendly products. It actively promotes energy conservation in downstream application fields. The YBX3 280S-2 and
YBX3 180M-2 product specifications have been awarded carbon footprint certificates and four series product standards have been
recognized as national “leading” enterprise standards driving continuous improvement in product quality through standards. It
optimizes resource usage standardizes pollutant and waste treatment conducts environmental protection publicity and training
and enhances energy-saving and carbon-reduction awareness. It also explores green development models while paying attention
2024 is a year of breakthrough for Jiamusi Electric Machine Company in establishing strategies and deepening new prospects to climate change.
as well as a year of breakthrough for the Company in anchoring its century-old foundation. This year under the guidance of the
spirit of the 20th National Congress of the CPC we have deepened our efforts to fully promote the coordinated advancement of
transformation upgrading and innovation-driven development. We have accelerated the deep integration of digital transformation Produce high-quality products with craftsmanship and win public praise with
and green manufacturing comprehensively advanced ESG practice and sustainable development and forged a new milestone of service empowerment
high-quality development with the original aspiration of serving the nation through industry and the mission of building a strong
manufacturing nation. The Company refines products through continuous innovation and the application of comprehensive quality management
measures. With “quality foundation and service empowerment” as its core it builds a full life-cycle quality management system
Holding the flag and leading the way to gather strength strengthening the deepens product inspection mechanisms and digital quality inspection platform construction promotes products such as the TYCXfoundation and forging the soul to start a new journey series permanent magnet motors to pass international authoritative certifications and achieves excellent quality with the “zero-defect” standard. By focusing on creating customer value it builds a “pre-sales precise response-after-sales guarantee” service
system upgrades the closed-loop management mechanism for customer complaints innovates structured service processes and
Party building leads the way builds a foundation of loyalty promotes two-way integration and holds high the flag to start a new incorporates customer satisfaction into performance evaluations. This empowers the Company’s leading position in the industry
journey. In 2024 the Company strictly implemented the leading role of Party building innovatively created a “1+4+N+1” Party building with both craftsmanship and warm service.brand system studied publicized and implemented the spirit of the 20th National Congress of the CPC faithfully practiced the“upholding Comrade Xi Jinping’s core position on the Party Central Committee and in the Party as a whole and upholding theCentral Committee’s authority and its centralized unified leadership” focused on the construction of primary Party organizations Cultivate talents and contribute to the society
set the direction promoted the deep integration of Party building work and production and operation and carried out Party building
work with high quality. By adhering to the core philosophy of “building a foundation with talents and forging a soul with responsibility” the Company
creates a vibrant ecosystem where employees and corporate thrive together. By focusing on the full-cycle growth of talent it builds
Seek innovation-driven transformation and lead the industry to a new height multi-level career development channels stimulates the employees’ potential with innovative incentives and fosters a sense of
belonging with diverse care so as to achieve resonance between employee value and corporate vision. It deepens supply chain
with intelligent technology collaboration and partners with high-quality allies to build a green and intelligent manufacturing ecosystem. It also fulfills the
mission of a state-owned enterprise and engages in public welfare volunteer actions interpreting great social love with passionate
With innovation-driven development as the core engine the Company comprehensively deepens strategic layout and the responsibility writing the answer sheet of the era with civilized co-construction gathering the mighty force of sustainable
innovation of the scientific research system. With a focus on the “high-end intelligent and green” development mainline it refines development that is “people-oriented and goodness-driven”.
004 005Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report
About Jiamusi Electric
Harbin Electric Corporation Jiamusi Electric Machine Company Limited (000922 Jiamusi Electric
Machine Company) a subsidiary of Harbin Electric Corporation one of the important state-owned
backbone enterprises managed by the central government has over 80 years of motor production
history being the first motor factory of the Communist Party of China and the founding and
leading manufacturer of special motors in China. Jiamusi Electric Machine Company undertakes
the green and low-carbon drive system business of Harbin Electric Corporation. After years of
layout and integration of technology manufacturing and market resources its technical strength
manufacturing capability and market influence have significantly improved. The Company currently
offers 347 series of motor products nearly 4000 varieties with single-unit power ranging from 0.37
to 80000 KW and an annual production capacity of over 15 million KW achieving full coverage of
industrial motor products. Currently the Company has more than ten subsidiaries in Jiamusi Harbin
and Suzhou a national explosion-proof motor engineering research center and a nuclear main
pump engineering research center in Heilongjiang with products exported to more than 50 countriesand regions across five continents. By adhering to the philosophy of “customer-centric creatingvalue for customers” the Company is committed to building a “world-class electric drive systemmanufacturing and service enterprise”.Jiamusi Electric Machine Company’s main products and business scope include explosion-proof
motors lifting and metallurgical motors general motors smart motors high-efficiency energy-
saving motors permanent magnet motors frequency conversion synchronous motors for rolling
mills DC motors wet winding motors shielded pump motors main coolant pump motors for
nuclear power shielded reactors main coolant pumps for nuclear power shaft-sealed reactors
main coolant pumps for nuclear power small reactors various motors for nuclear power plants
nuclear three-stage shielded pumps seawater circulation pumps of nuclear power plants helium
circulators for high-temperature gas-cooled reactors helium compressors for high-temperature
gas-cooled reactors electrical control and system equipment etc. It also undertakes energy-
saving transformation remanufacturing and maintenance services for various motors. Jiamusi
Electric Machine Company’s products are widely used in industries such as mechanical coal mining
petrochemicals lifting and metallurgy water conservancy and electric power aerospace pipeline
transportation shipbuilding as well as key national construction projects like nuclear power plants
providing excellent driving force for China’s economic and social development and progress.series of motor products varieties an annual production capacity
347 4000 15millionKW
006 007Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report SocialRecognitionandHonors
Social Recognition and Honors continued TableAward winning organization/product/
Award certification Issued by
project
List of World-class Demonstration
Jiamusi Electric Machine Company State-owned Assets Supervision and Administration
Enterprises and Specialized and
Limited Commission of the State Council
Innovative Demonstration Enterprises
Company honors (at municipal level)
Jiamusi Electric Machine Company Jiamusi Municipal Committee of the CPC Jiamusi Municipal
Advanced collective
Limited People's Government
Special Contribution Award for Steady Jiamusi Electric Machine Company Jiamusi Municipal Committee of the CPC Jiamusi Municipal
Industrial Economic Growth Limited People's Government“Industrial Enterprise with Outstanding Jiamusi Electric Machine Company Jiamusi Municipal Committee of the CPC Jiamusi MunicipalTax Contribution” Limited People's GovernmentIssued by G eneral Office of Ministry of Industry Issued by B rand Strategy Association of Issued by B rand Strategy Association of “Sci-Tech Leading Demonstration Jiamusi Electric Machine Company Jiamusi Municipal Committee of the CPC Jiamusi Municipaland Information Technology of the Heilongjiang Province Heilongjiang Province Enterprise” Limited People's Government
People’s Republic of China Award 2023 Heilongjiang Brand Value Award
certification 2023 “Longbiao Quality” EnterpriseAward Provincial Single Champion certification Contribution Award
Industrial Product Green Design Jiamusi Electric Machine Company General Office of Ministry of Industry and Information
certification Enterprise Award winning Jiamusi Electric Machine Company Award winning Jiamusi Electric Machine Company Demonstration Enterprise Limited Technology of the People’s Republic of China
Award winning Jiamusi Electric Machine Company organization Limited organization Limited Jiamusi Electric Machine Company General Office of Ministry of Industry and Information
organization Limited National “Green Factory” Limited Technology of the People’s Republic of China
Heilongjiang Provincial Enterprise Jiamusi Electric Machine Company Department of Industry and Information Technology of
Technology Center Limited Heilongjiang Province
Heilongjiang Provincial Department of Science and Technology
Jiamusi Electric Machine Company Finance Bureau of Heilongjiang Province
High-tech enterprise
Limited Heilongjiang Provincial Tax Service State Taxation
Administration
Recommended Brand at the 7th China Heavy Machinery Industry Association Changyuan Lifting
Jiamusi Electric Machine Company
China Changyuan International Lifting Equipment Manufacturing Industry Association Henan Mine
Limited
Equipment Expo Crane Co. Ltd.Issued by J iamusi Municipal Committee of Issued by J iamusi Municipal Committee of Issued by J iamusi Municipal Committee of Jiamusi Electric Machine Company
the CPC Jiamusi Municipal People's the CPC Jiamusi Municipal People's the CPC Jiamusi Municipal People's Excellent grade Green Packaging Safety and Reliability Evaluation ReportLimited
Government Government GovernmentAward Special Contribution Award for “Industrial Enterprise with Honor of productsAward Awardcertification Advanced collective certification Steady Industrial Economic Growth certification Outstanding Tax Contribution” General Office of Ministry of Industry and Information
Award winning Jiamusi Electric Machine Company Award winning J iamusi Electric Machine Company Award winning Jiamusi Electric Machine Company National “Green Design Product” 7 series products including YJ YJKK YJKS
organization Limited Technology of the People’s Republic of Chinaorganization Limited organization Limited
Heilongjiang Province's First Set of YKS1120-4 23000KW high-voltage three- Department of Industry and Information Technology of
Products phase asynchronous motor Heilongjiang Province
Design Technology and Application of
First Prize of Technical Invention Award
Large Continuous Transonic Wind Tunnel
of the Chinese Society of Aeronautics Chinese Society of Aeronautics and Astronautics
of Harbin Electric Power Equipment
and Astronautics in 2023
Company Limited
100 Group Standards Application
Demonstration of China Electric Power T/CEEIA 471-2020 China Electrical Equipment Industry Association
Construction Association in 2023
10 series product standards including Shanghai Electrical Apparatus Research Institute (Group) Co.
National “Leading” Enterprise Standard
YBX3 Series Technical Conditions Ltd.Issued by J iamusi Municipal Committee of Issued by Vouching Technical Inspection Ltd. Product carbon footprint 23 series products TILVA Certification Technology (Shanghai) Co. Ltd.the CPC Jiamusi Municipal People's Award
Government certification Quality management system certification
Relevant certificationAward “Sci-Tech Leading Demonstration Award winning J iamusi Electric Machine Company Energy management system Jiamusi Electric Machine CompanyEnterprise” Vouching Technical Inspection Ltd.certification organization Limited certification Limited
Award winning Jiamusi Electric Machine Company
organization Limited Environmental management system Jiamusi Electric Machine Company Vouching Technical Inspection Ltd.certification Limited
Quality management system Jiamusi Electric Machine Company
Award winning organization/product/ Vouching Technical Inspection Ltd.Award certification Issued by certification Limited
project
Intellectual property management Jiamusi Electric Machine Company
Company honors (at provincial/ministerial level) Zhonggui (Beijing) Certification Co. Ltd.system certification Limited
Jiamusi Electric Machine Company General Office of Ministry of Industry and Information
Provincial Single Champion Enterprise Occupational health and safety Jiamusi Electric Machine Company
Limited Technology of the People’s Republic of China Zhonggui (Beijing) Certification Co. Ltd.management system certification Limited
Excellent grade “Sci-Tech Reform Demonstration Unit” SASAC Green packaging implementation Jiamusi Electric Machine Company Green Enterprise Evaluation and Certification (Shandong) Co.
2023 Heilongjiang Brand Value Jiamusi Electric Machine Company organization Limited Ltd.
Brand Strategy Association of Heilongjiang Province
Contribution Award Limited Laboratory Accreditation Certificate of
Laboratory of Jiamusi Electric Machine China National Accreditation Service for Conformity
Jiamusi Electric Machine Company China National Accreditation Service
2023 “Longbiao Quality” Enterprise Brand Strategy Association of Heilongjiang Province Company Limited Assessment (CNAS)
Limited for Conformity Assessment (CNAS)
Green supply chain management Jiamusi Electric Machine Company General Office of Ministry of Industry and Information Digital (Intelligent) Manufacturing Department of Industry and Information Technology of
enterprise Limited Technology of the People’s Republic of China Heilongjiang Intelligent Factory Factory for Motors of Jiamusi Electric Heilongjiang Province
Machine Company Limited
008 009Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Topic1:PartyBuildingLeadershipForgingtheSoulofSpirit
01
Topic 1:
Party Building Leadership
Forging the Soul of Spirit
2025 is the critical year of fully implementing the spirit of the 20th National Congress and also a
crucial breakthrough year for the Company to transform and upgrade and move towards high-quality
development. The 20th National Congress of the CPC formulated clear guidelines and strategic plans
for the development of the Party and the country in the new era. General Secretary Xi Jinping made
a series of important p lans in key areas such as building a strong country in science and technology
manufacturing quality network digital China carbon peaking and carbon neutrality building world-
class enterprises comp rehensive revitalization of the Northeast and comprehensive and strict
governance of the Party. These plans provide clear directional guidance and solid action guidelines for
the Company to advance reform and development and strengthen Party building in its new journey.Under the guidance of the spirit of the 20th National Congress of the CPC Jiamusi Electric Machine
Company has fully leveraged the leading role of Party building and insisted on promoting high-quality
development through high-quality Party building. It closely integrates with the new situation and tasks
and comprehensively deploys the Party building work Party conduct and integrity construction andanti-corruption work for 2025 laying a solid foundation for achieving the Company’s goal of “steady andrapid progress”.· Strengthening the Foundation of Party Building · Key Tasks of Party Building ·
010 011Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Topic1:PartyBuildingLeadershipForgingtheSoulofSpirit
Strengthening As a listed company controlled by a central enterprise and one of the 51 important state-owned consensus gather strength and enhance the quality responsibility awareness of all employees.backbone enterprises managed by the Central Committee of the CPC Jiamusi Electric Machinethe Foundation ● Company resolutely implements the decisions and deployments of the Party Central Committee According to the special work requirements of “accumulating each single step and movingand the State Council inherits and promotes the great spirit of Party building insists on and towards the future” combined with key work arrangements such as “inspection and of Party Building strengthens the overall leadership of the Party anchors the goal of “building a world-class electric rectification consolidating and expanding the achievements of thematic education and three-drive system manufacturing and service enterprise” fully exerts the role of the Party Committee in level secretaries focusing on quality” implement General Secretary Xi Jinping’s important
“setting the direction managing the overall situation and ensuring implementation” and carries speeches and instructions on “building a manufacturing power new industrialization newout Party building work with high quality. quality productive forces and his inspection in Heilongjiang Province” and the decisions and
deployments of the Harbin Electric Corporation determine a list of 20 learning items summarize
In accordance with the CPC Constitution CPC’s Integrity and Self-discipline Criteria Rules of learning effectiveness and release 20 special reports.Procedure of the Party Committee Management Measures for “Decision-making on MajorMatters Appointment and Removal of Important Cadres Investment Decisions on Major Projects Adhere to strengthening political developmentand Use of Large Amounts of Funds” and other regulations the Company deepens the “three- Jiamusi Electric Machine Company regards the study publicity and implementation of thelevel quality control by Secretary” and “Party building+” projects and builds the “1+4+N+1” Party spirit of the 20th National Congress of the CPC as the primary political task at present and in the
building brand system providing strong political guarantees for achieving steady and rapid future. In the study publicity and implementation it further deeply comprehends the decisiveprogress and comprehensively promoting the Company’s development. significance of the “establishment of both Comrade Xi Jinping’s core position on the PartyCentral Committee and in the Party as a whole and the guiding role of Xi Jinping Thought onSocialism with Chinese Characteristics for a New Era” achieves the ideological political andactional consciousness of “upholding Comrade Xi Jinping’s core position on the Party CentralCommittee and in the Party as a whole and upholding the Central Committee’s authority and itsKey Tasks of Adhere to strengthening ideological guidance centralized unified leadership” and effectively unifies the thoughts and actions of the majority of
Party Building Jiamusi Electric Machine Company upholds the Party’s leadership over ideological work fully Party members cadres and the masses of workers to the goals and tasks proposed by the 20th implements the responsibility system for ideological work strengthens the top-level design of National Congress of the CPC.ideological work upholds integrity and innovation enhances the guidance of public opinion The Company strengthens political construction firmly upholds Comrade Xi Jinping’s core position
establishes a great propaganda concept and deepens corporate culture brand building and on the Party Central Committee and in the Party as a whole and upheld the Central Committee’s
spiritual civilization construction providing strong ideological assurance powerful spiritual authority and its centralized unified leadership adheres to the guidance of Xi Jinping Thought
strength and favorable cultural conditions for the Company’s high-quality development. on Socialism with Chinese Characteristics for a New Era deeply studies and propagates the
In 2024 the theoretical learning center group of the Party Committee conducted 15 collective spirit of the Third Plenary Session of the 20th Central Committee of the CPC and formulates work
learning sessions 8 thematic seminars and 39 follow-up learning sessions involving 153 latest plans. Party members and leading cadres at all levels take the lead in learning thinking and
important speeches instructions important articles of General Secretary Xi Jinping and important practicing the spirit and striving to transform General Secretary Xi Jinping’s series of new ideas
documents of the Party Central Committee’s latest decisions and deployments. new viewpoints and new assertions on comprehensively deepening reform into the Company’s
development practices. The Company strengthens political responsibility rigorously implements
● It strengthens the Party Committee’s guidance synchronization and systematization of the political responsibility of inspection and rectification and coordinates and promotes thepolitical theory learning and issues Party building work points monthly. The directly affiliated rectification work of Central Committee and Corporation inspections with “one plan and threeParty organizations are required to study 51 articles of General Secretary Xi Jinping’s series of lists”. It establishes four mechanisms of reporting cancellation supervision and assistance and
speeches meetings and inspection documents improves 49 regulations continuously enhancing the Party’s governance capabilities. In terms of
●I t uses the Study Reader of General Secretary Xi Jinping’s Important Expositions on Building a upholding and strengthening the Party’s overall leadership over the Company’s development 49
Manufacturing Power as important learning material. Through various forms such as study classes Party Committee meetings were held and 78 prerequisite matters were studies throughout the
and seminars the Company organizes to deeply study and comprehend General Secretary Xi year. Work plans and registers around the reform of state-owned enterprises the development of
Jinping’s important expositions on building a manufacturing power to fully combine it with the study new quality productive forces and the construction of a heavy equipment manufacturing base are
publicity and implementation of the spirit of the 20th National Congress of the CPC consolidate formulated to ensure the implementation of various measures.Symposium for Retired Veteran Cadres The chairman went to the grassroots to give party lessons
012 013Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Topic1:PartyBuildingLeadershipForgingtheSoulofSpirit
Strengthen the Party’s organizational construction in enterprises The eligible members of the Party committee can be appointed to appointed to the Board
of Directors the Board of Supervisors and the managers through legal procedures; eligible
Jiamusi Electric Machine Company insists on focusing on the construction of primary Party Party members of the Board of Directors the Board of Supervisors and the managers may
organizations and playing the role of a fighting fortress. There are 450 Party members be appointed to the leadership of the Party organization based on relevant regulations and
currently. First continue to enhance the political and organizational functions of primary procedures. The Company’s Party Committee takes overall responsibility and coordinates all
Party organizations coordinate and carry out intra-Party elections and complete the by- parties ensures overall responsibility without monopolizing coordination without substitution and
election of Company’s Party Committee members and the election of representatives to being in place without overstepping promote the coordinated operation and effective checks
attend the second session of congress of Party representatives of the Corporation with high and balances of various governance entities in the company. It formulates a list of matters ofquality. Implement the project of “improving the primary organizational system allocating “decision-making on major matters appointment and removal of important cadres investmentexcellent secretaries to primary Party organizations strengthening Party member education decisions on major projects and use of large amounts of funds” clarifies the boundaries of
and management innovating organizational lifestyles perfecting the primary Party building authority and responsibility between the Party Committee the Board of Directors and the
system increasing the training of primary Party cadres and implementing measures to management and ensures that major business management matters are discussed by thesafeguard primary Party building” for primary Party building supervise and guide the 6 directly Party Committee before being decided by the Board of Directors. According to the requirements
affiliated Party organizations to complete the election work add 8 new Party members provide of “four synchronizations and four alignments” adhere to the synchronous planning of the Party
training for newly appointed secretaries and professional ability training for Party workers building and the reform and development of the Company the synchronous setting of the Party
and vigorously select advanced models within the Party. During the “July 1” period a total organization and working organs the synchronous allocation of the Party organization leader
of 4 Party members and 2 primary Party organizations were awarded the honorary titles of and party affairs staff the synchronous development of the Party work so as to achieve system“Outstanding Party Worker Outstanding Communist Party Member and Advanced Primary docking mechanism docking system docking and work docking thus ensuring that the Party’sParty Organization” by the Corporation’s Party Committee and the Jiamusi Municipal Party leadership is reflected and strengthened in the enterprise reform.Committee. Second continue to deepen the Party building carrier project. Establish 78 Party
member demonstration posts 42 responsibility areas and 34 vanguard teams to promote the Comprehensively deepen the Party building carrier projectdeep integration of Party building with central work. Carry out the special work of “accumulatingeach single step and moving towards the future” implement 66 breakthrough tasks and The Company advances the Party building carrier project of “overcoming difficulties starting witheffectively address issues of shoddy work and lack of precision. Third adhere to and improve me leaders taking the lead and Party members setting examples” and innovatively creates the
the responsibility system for Party building work. Carry out assessments of the responsibility “1+4+N+1” Party building brand system. Focus on the key points difficulties and bottlenecks in the
system for Party building work highlight the supervision and inspection of the implementation central work of production and operation use “1+4+N+1” as a tool to implement the requirements
of annual key tasks and enhance the directionality of assessments. Carry out and implement of the Party building carrier project into concrete actions promote the continuous deep
benchmarking and improvement activities based on Party regulations and systems revise 8 integration of Party building work with the central work of production and operation and achieve
Party systems and focus on making up for shortcomings and weaknesses. tangible results in Party building leading enterprise development.Strengthen the overall leadership of the Party in enterprises “4” refers to “four comparisons and four strivings” activity with theJiamusi Electric Machine Company has incorporated Party building into the Articles of connotation of “comparing quality striving to be a quality pacesetter;comparing innovation striving to be an innovation pacesetter;
Association integrated Party leadership into all aspects of corporate governance fully leveraged comparing service striving to be a service pacesetter comparingthe role of the Party committee in setting direction managing the overall situation and ensured management striving to be a management pacesetter”.implementation. It adheres to the philosophy that “upholding the Party’s leadership over 4state-owned enterprises is a major political principle and must be upheld consistently and
establishing a modern corporate system is the direction of state-owned enterprise reformand must be upheld consistently” organically unify the strengthening of Party leadership with
the improvement of corporate governance strictly implement the “decision-making on major “N” refers to N characteristic Party branch
matters appointment and removal of important cadres investment decisions on major projects brands created by directly affiliated Partyand use of large amounts of funds” Rules of Procedure of the Party Committee and relevant “1” refers to adhering to the organizations based on the “one branch oneprovisions on pre-discussion of major business management matters by the Party Committee philosophy of “customer-centric “1+4+N+1” Party brand one characteristic”.building brand system Nreasonably divide decision-making authority and standardize decision-making procedures. 1 creating value for customers”.The Company resolutely implements the requirements for decisions and plans of the Party
Central Committee and the State Council and in accordance with the work requirements of theHarbin Electric Corporation Party Committee improves the leadership system of “two-way entryand cross-appointment”. The Party Committee plays a leading role promotes the entry of Party
Committee members into the Board of Directors the Board of Supervisors and the management
through legal procedures and absorbs eligible governance-level Party members into the Party “1” refers to a new situation ofCommittee form a governance system where the Party Committee takes overall responsibility and “accumulating each single step andcoordinates all parties the Board of Directors makes scientific decisions and the management moving towards the future”. 1
executes efficiently. The Party Committee’s preliminary research and discussion mechanism for“decision-making on major matters appointment and removal of important cadres investmentdecisions on major projects and use of large amounts of funds” is strictly implemented and a list Adhere to the Party’s management of cadres and talents
of responsibilities is established to clarify the boundaries of authority and responsibility between
the Party Committee the Board of Directors and the management. According to the requirements The Company firmly determines the correct orientation of personnel selection and appointment insists on
of “four synchronizations and four alignments” the synchronous planning of Party building Determine the correct putting political standards first conduct in-depth and practical assessments of the political qualities of leaders
and enterprise reform the synchronous setting of Party organizations and work institutions the orientation of personnel comprehensively understands the work performance and moral and professional performance of the objects of
synchronous allocation of Party personnel and the synchronous implementation of Party building selection and appointment the assessment and strictly deals with political and integrity issues.work are promoted to ensure that Party organizations cover every team in the enterprise. Through
The Company continues to strengthen the ideological political and practical training of the cadre team reinforces
the “four alignments” of system mechanism institution and work sufficient Party personnel and Build a high-quality the term-based contractual assessment of management members explores the selection and appointment
special funds are provided to fully integrate the Party’s leadership into all aspects of corporate professional team of professional managers and vigorously selects and use “valiant generals” “daring generals” and “capablegovernance. Establish Party work institutions synchronize the setup of Party work institutions and generals” who are responsible practical and good at getting things done.directly affiliated Party organizations according to the requirements of “four synchronizations andfour alignments” ensure that Party organizations cover every team in the enterprise and fully Strengthen the source The Company implements General Secretary Xi Jinping’s important conclusion that “talent is the primary resource”
leverage the leading and safeguarding role of Party building. strengthens the source construction of young cadres improves the normalized mechanism for cultivating outstanding construction of young cadres young cadres and strictly and practically strengthens the management and supervision of young leaders.
014 015Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Topic2:Innovation-DrivenStimulatingProductVitality
02
Topic 2:
Innovation-Driven
Stimulating Product Vitality
Jiamusi Electric Machi ne Company regards R&D and innovation as the key to establishing
competitive advantage and technological innovation as an important driving force for
corporate development. The Company comprehensively plans its innovative strategic
layout builds a sound R&D and innovation system and actively promotes the trial
production of new products and patent management writing a new chapter in Jiamusi
Electric’s innovative development.· Plan innovative strategic layout · Actively carry out trial production of new products ·
· Innovation and R&D and patent management ·
016 017Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Topic2:Innovation-DrivenStimulatingProductVitality
Plan innovative The Company breaks down the key tasks of the “14th Five-Year Plan” in 2024 for implementation Jiamusi Electric Machine Company is committed to providing customers with innovative and formulates the development strategy and plan for “14th Five-Year Plan” (mid-term adjustment Actively carry out high-quality products and actively carries out trial production of new products. It formulates the
strategic layout version) and the 14th Five-Year strategic development plan for HE’s motor industry (revised trial production of Management Measures for Trial Production of New Products to mobilize the enthusiasm of each
version) and completes the revision of its Provisions on Management of Strategic Planning. organization for trial production of new products and promote the smooth completion of newIt develops the Implementation Plan of Jiamusi Electric Machine Company for “Seizing the new products product projects.Opportunity of Large-scale Equipment Renewal in the Industrial Field Implementation Plan
of Jiamusi Electric Machine Company for Building a Strong Heavy Equipment Production
and Manufacturing Base Implementation Plan of Jiamusi Electric Machine Company for
Accelerating the Development of New Quality Productive Forces and Implementation
Schedule of Jiamusi Electric Machine Company for Strategic Implementation Promotion Case: The Company held a new product release meeting
Meeting clarifying the high-end intelligent and green development ideas. It also establishes
a normalized working mechanism for solidly promoting the various work requirements of the In 2024 the Company has issued the 2024 Plan for Trial Production of New Products and successfully completed
Corporation’s strategic implementation promotion meeting. the trial production of 33 new products including YFDB4505-2 710KW high-voltage flameproof three-phase
asynchronous generator TZYW900-24/2150 reciprocating positive pressure shell-type brushless excitation
According to the overall arrangement of technical work the Company issued the 2024 Science synchronous motor and TZYW12000-6 high-speed and high-power positive pressure shell-type synchronous
and Technology Work Plan of Jiamusi Electric Machine Company Limited of Harbin Electric motor which has effectively promoted the industrialization process of new products.Corporation and successfully held the Company’s 8th Science and Technology Conference. In
2024 Jiamusi Electric Machine Company implemented 187 technological transformation projects
including 106 carry-over projects (including 31 main helium fan projects); 65 new projects and 16
additional projects. As of December 31 128 projects have completed acceptance. In 2024 A total
of 32 scientific research projects were completed.Science and Technology Work Plan
Long-term goal: Create a system with reasonable allocation of scientific and technological resources complete infrastructure capabilities
open and shared technical cooperation sound innovation system and mechanism strong scientific research talent team and effective
transfer and transformation of results break through apply and lead a number of industrial foundations and cutting-edge key core
technologies produce a number of motor technology equipment with internationally advanced technical levels and reserve a number of
transformative technologies.Goal of “14th Five-Year Plan”: Create original technology CYD in the field of advanced motors produce a number of influential advanced
motor technologies in the development of green and low-carbon drive systems new power systems special-purpose drive motors and
shielded electric pumps achieve a sound scientific research and innovation system maintain industry-leading core technologies for the
Company’s leading products and become an important part of China's strategic scientific and technological strength.
018 019Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Topic2:Innovation-DrivenStimulatingProductVitality
Innovation and Jiamusi Electric Machine Company always regards innovation and patent management as an and new product trial production. An annual science and technology commendation meeting important strategic support for corporate development. Adhering to the philosophy of respecting is held to recognize individuals and groups who have made outstanding contributions to the
R&D and patent knowledge talents and innovation the Company actively pushes the deep industry-university- Company’s innovation efforts.management research-application integration fully supports independent innovation and promotes the seamless connection between science and technology and market demand. Science and technology innovation achievements
In terms of encouraging innovation and R&D the Company formulates a Reward System for In 2024 the Company obtained 47 authorized patents including 10 invention patents 36 utility
Science and Technology Innovations with openness fairness and justice as the core principles model patents and 1 design patent with 33 patents under application including 11 invention
to commend teams and individuals who have made remarkable achievements in scientific patents and 22 utility model patents; completed the compilation of the Motor Technology Patent
and technological R&D and to fully stimulate the enthusiasm and creativity of scientific and Navigation Report is applying for the 2024 navigation project award subsidy funds from the
technological personnel. To fully leverage the Company’s advantageous innovation resources Heilongjiang Intellectual Property Administration; completed the bidding and contract signing for
accelerate technological innovation and product upgrading and promote breakthroughs in the intellectual property management system with PatSnap and is constructing its intellectualkey core technologies the Company implements an “open competition mechanism to select property management system. In March 2024 the Company received the trademark registrationthe best candidates” and formulates the Provisions on the Management of Projects with “Open application acceptance notice from the China National Intellectual Property Administration forCompetition Mechanism to Select the Best Candidates”. Priority selection qualifications are two new graphic trademarks involving 18 items with 8 items passing the preliminary examination
granted to professionals and technicians who have performed outstandingly in key problem and 4 items obtaining valid certificates; and filed opposition applications against the maliciously
tackling. Special reward funds are established by the Company to commend outstanding project registered similar trademarks “Jiamusi Electric Feiqiu” “Jiamusi Electric Jiagu” and “Harbinteams and further stimulate innovation. Electric Jiagu”.In terms of patent management the Company formulates the Patent Management Measures in The “Product Quality Trusted Brand in China Electrical Appliance Industry” “Innovationaccordance with the Patent Law of the People’s Republic of China Rules for the Implementation Demonstration Enterprise in China Electrical Appliance Industry” and “Carbon Peaking andof the Patent Law of the People’s Republic of China and Management Measures for Enterprise Carbon Neutrality Solution Demonstration Enterprise in China Electrical Appliance Industry
Patent Work to standardize the Company’s patent work promote technological innovation and applied for by the Company in 2023 have been successfully selected for the “Top Ten” series
form independent intellectual property rights. The Company’s intellectual property protection lists in China electrical appliance industry in 2023 and officially announced in June 2024 fully
scope includes patents trademarks software copyrights etc. The Economic Operation reflecting the advantages and industry recognition demonstrated by the Company as a leading
Department is the Company’s intellectual property management organization equipped with enterprise in the motor industry.professional full-time or part-time staff responsible for the formulation of intellectual property- The Advanced Motor Company applied for 13 patents with 7 utility models and 1 software
related plans evaluation system construction supervision and assessment daily management copyright authorized.and regular monitoring. It also raises objections to malicious trademarks and transfers
intellectual property cases that require legal procedures to the Legal Compliance Department. Subsidiaries Jiamusi Electric Machine Company Limited and Suzhou Jiamusi Electric Permanent
As the main body of technological innovation each subsidiary is responsible for the operation of Magnet Motor Technology Company Limited are high-tech enterprises.the intellectual property management system in its respective field.Intellectual Property Management In 2024 the Company passed the supervision audit of the intellectual property management
System Certification system and implemented rewards such as science and technology awards project bidding
High-tech Enterprise Certificate
Excellent technology workers Acceptance Documents of National Explosion-proof Motor Engineering Technology Research Center
020 021Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Topic2:Innovation-DrivenStimulatingProductVitalityThe Company’s “High-pressure Variable-frequency Speed Control Three-Phase AsynchronousMotor with Rigid Rotor Structure (YZYPT900-2 10000kW)” was listed as the first set of productsin Heilongjiang Province; the “Helium Compressor System for 600MW High-temperature Gas-Case: University-enterprise cooperation promotes innovation and R&D cooled Reactor Demonstration Project” was recognized as the first set of products by the NationalEnergy Administration; “YBX5 160M1-2 11kW Efficient Explosion-proof Three-phase AsynchronousMotor” and “YB3 400-4 Explosion-proof Three-phase Asynchronous Motor for Coal Mine ”The Company has established long-term cooperation with renowned domestic universities such as Tsinghua were awarded key new products of Heilongjiang Province. The projects “Key Technologies andUniversity Harbin Institute of Technology Beijing Jiaotong University and Harbin University of Science and Technology Application of Helium Circulator Design and Manufacturing” and “Development of Ultra-superachieving resource sharing and mutual benefits. It has completed the acceptance of two major Corporation projects Efficient Three-phase Asynchronous Motor” won the first and second prizes of the Corporation’s
of “Ultra-super Efficient Three-phase Asynchronous Motor” and “Permanent Magnet Variable-frequency Speed scientific and technological progress award respectively; the projects of “Helium CompressorControl Integrated Machine” and collaborated with universities on projects such as “Research on the Strength and System” and “High-power High-speed Direct Drive Permanent Magnet Synchronous Motor forMaterials of the High-speed Rotor Retaining Ring of YFZYKS560-2 1800kW Motor” and Research on the Temperature Steam to Electricity Conversion” won the Silver and Bronze Awards in the National Machinery
Field and Cooling System of YBX4 Typical High-voltage Explosion-proof Mixed Flow Ventilation Structure. Industry Design Innovation Competition respectively.The Company completed the development of 6 sets of 12000kW 6-pole high-speed high-
power variable-frequency synchronous start positive pressure shell-type brushless synchronous
motors for the Russia AGCC project marking a new breakthrough in the Company’s design
and manufacturing capabilities with products reaching domestic leading and international
advanced levels.R&D planning: In accordance with the Company’s “14th Five-Year Plan” for Development Plan of
Science and Technology various science and technology tasks are organized and carried out.R&D management: the Company establishes a “Science and Technology Committee” to be
responsible for implementing laws regulations rules and policies on science and technology
related work formulating the Company’s scientific and technological development policies
reviewing the Company’s medium- and long-term scientific and technological development
Cooperate with THU Cooperate with NEFU plans conducting research demonstration review and evaluation of the Company’s major
technical plans making recommendations on the establishment and adjustment of scientific
and technological innovation systems and mechanisms and scientific research institutions and
providing consultation and review on other science and technology related work.Product innovation related awards in 2024
Case: Building a science and technology innovation platform
The Company possesses technical qualifications such as the national explosion-proof motor engineering
technology research center and enterprise with intellectual property advantage and sets up a full set of
world-leading motor design and analysis systems whose functions cover all areas of motor design and
application.Award issuer Vouching Technical Inspection Ltd.Award type E ighth Batch of Single Champion Enterprises in the Manufacturing
Award issuer Jiamusi Municipal Committee of the CPC Jiamusi Municipal
People's Government
Award type S ci-Tech Leading Demonstration Enterprise
022 023Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report ESG
03
ESG
Jiamusi Electric Ma chine Company implements the philosophy of sustainable
development through practical actions actively fulfills environmental and social
responsibilities builds a comprehensive ESG management system values communication
with stakeholders and integrates ESG factors into business decisions ensuring its
sustainable operation and promoting the sustainable development of the economy
society and environment.· ESG strategy and governance architecture · Stakehol der communication ·
· Analysis of substantive issues ·
024 025Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report ESG
ESG strategy Jiamusi Electric Machine Company attaches great importance to ESG management and it considers the fulfillment of environmental and social responsibilities as a core element of The Board of Directors
and governance The Board of Directors is the leadership and decision-making body for ESG work. It is responsible corporate development. The Company has established a comprehensive ESG management for reviewing and approving the Company's ESG management system and finalizing the
architecture framework by formulating detailed ESG management standards and deeply integrating ESG Company's ESG reports.concepts into the entire decision-making process. Through effective management of ESG
performance the Company is committed to achieving sustainable operation and promoting the The Securities Department
coordinated development of the economy society and environment. The Securities Department is responsible for the daily work of ESG. It is responsible for
understanding the demands opinions and suggestions of stakeholders coordinating internal
Formulate ESG management system and external work researching material issues and guiding the daily implementation of ESG work
To further strengthen corporate social responsibility management promote sustainable as well as the preparation of ESG reports.economic social and environmental development and actively fulfill ESG (environmental social The company's various functional departments and subsidiaries
and governance) responsibilities the Company has formulated the ESG Management System The company's various functional departments and subsidiaries are the executing body for ESG
in accordance with relevant laws and regulations normative documents and the Company’s work. They are responsible for implementing ESG tasks according to the Company's overall plan
Articles of Association including the Company Law of the People’s Republic of China Code of and regularly reporting on the execution status.Corporate Governance for Listed Companies in China Basic Norms of Enterprise Internal Control
Self-regulatory Guidelines for the Listed Companies No. 1 - Standardized Operation of the
Companies Listed on the Main Board (Revised in December 2023) Self-regulatory Guidelines for Integrate ESG factors into production and operation
the Listed Companies No. 17 - Sustainable Development Report (Trial) Self-regulatory Guidelines The Company integrates ESG responsibilities into its business management and decision-
for the Listed Companies No. 3 - Formulation of Sustainable Development Report and Guidelines making processes. In major project investment decisions social benefit assessments are a key
for Enterprise Internal Control No. 4 - Social Responsibility. The system clarifies the concept of ESG consideration for the decisions made by the Board of Directors and management. At the same
responsibilities ESG management institutions and their responsibilities and ESG reporting and time the Company encourages investment personnel to combine ESG factors with other core
information disclosure. It has been reviewed and approved by the Company’s Board of Directors elements in financial forecasting and valuation processes and comprehensively weighs various
and publicly disclosed. variables to make more forward-looking and sustainable investment decisions.Establish ESG management system Manage ESG performance
The Company optimizes the top-level architecture of ESG management builds a three-level When evaluating the effectiveness of the Company’s internal controls the Board of Directors
ESG management system ensures clear responsibilities and division of labor at all levels of incorporates ESG responsibilities into the assessment scope in accordance with relevant
management and lays a solid foundation for the Company’s sustainable development. standards and guidelines identifies and analyzes potential risks related to ESG responsibilities
and provides targeted improvement suggestions for identified internal control deficiencies.Additionally the Company establishes a stakeholder information communication mechanism to
actively listen to feedback and suggestions from stakeholders further enhancing the Company’s
effectiveness in ESG.Work Conference on Promoting and Deploying Rationalization Proposals of the “Voice of Employees” of Jiamusi Electric
026 027Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report ESG
Stakehol der The Company maintains regular communication with various stakeholders and has identified Jiamusi Electric Machine Company regularly identifies and updates the Company’s ESG material six main stakeholders through analyzing business relationships and scenarios: government/ Analysis of issues based on two dimensions: “financial materiality” and “impact materiality”. Through diverse
communication supervisory authorities shareholders/investors employees customers suppliers and the substantive communication methods such as surveys and discussions the Company fully collects and
community. In 2024 the Company actively sought opinions from stakeholders on environmental organizes the concerns and demands of stakeholders. Combining national policies and key
social and governance aspects and responded to the diverse expectations of stakeholders. issues points of capital market the Company analyzes and evaluates the materiality of these issues
which are then validated by the Board of Directors and external experts serving as the focus of
the Company’s management and reporting disclosure.In 2024 the Company conducted the assessment work following the steps of “conductingStakeholder Communication background research establishing an issue list evaluating and confirming materiality and
Issues of concern Response methodtype frequency forming an issue report” systematically identifying the key issues and future development
directions the Company faces in ESG.Government Faithful and compliance management Regular work meeting Regular
bodies/ Tax payment according to laws Information disclosure and submission Regular/irregular
Analysis steps Description
supervisory Optimizing governance structure Regular reporting Regular
authorities Special meeting Regular/irregular
Identify major trends pertinent to the Company through full industry-based investigation then identify potential issues
Conducting
under three major categories based on the business characteristics national polices and key points of high concern in
background research
Shareholders/ Steady development of core business Information disclosure Regular/irregular the capital market.investors Creating excellent performance Board of Shareholders Regular/irregular
Faithful and compliance management Research by investors Irregular Through communication with the Corporation’s leaders internal and external experts subsidiaries employees
Establishing an issue customers suppliers and other stakeholders the Company fully understands the opinions of internal and external
Interaction and question-answering on interactive Irregular list stakeholders on the Company’s material issues identifies impacts risks and opportunities and compiles them into an
platform issue list.Employee Guarantee occupational health All-employee meeting Annual Evaluating and Conduct financial materiality and impact materiality assessments and generate the analysis results of material issues
confirming materiality by integrating national policies key points of capital market and peer performance.Care for employees' lives Complaint and feedback box Irregular
Boosting career development Condolences for employees Regular/irregular
Forming an issue Summarize the analysis process methods and conclusions and report to the Company's management to confirm the
Improvement of remuneration and welfare Cultural activities for employees Monthly report key disclosure content of the report and the future ESG management goals and implementation plans.Customer Product technology innovation Daily communication Regular/irregular
Providing high-quality service Regular visit Regular Material Issue Assessment Results in 2024
Ensure timely delivery Customer satisfaction survey Regular
Supplier Cooperation of honesty and integrity Qualification review Annual
Timely settlement of transactions Daily communication and training Irregular
Occupational health and
Fair trade Advocating green supply Irregular work safety of employees
Combat with climate change
Community Providing job opportunities Community co-construction Irregular
Public welfare and volunteer services Volunteer activity Irregular
Pollutant emission Innovation driving
Circular economy Utilization of water
resources
Anti-bribery and
anti-corruption
Energy utilization Employee Product and
development service safety
Data security and and training and quality
Protection of rights customer privacy
and interests of protection Equity and Supply chain
employees shareholders security
Supplier
management
Antitrust and fair
Social contribution competition
Waste disposal Environmental
compliance management
Impact significance
2023 annual results presentation Supplier integrity education
028029
Financial significanceJiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Establishregulationsforstabledevelopmentandplanlong-termplans
04
Establish regulations for
stable development and
plan long-term plans
Jiamusi Electric Machine Company resolutely implements the decisions and deployments
of the State-owned Assets Supervision and Administration Commission of the State
Council unwaveringly strengthens the Party’s leadership optimizes the Company’s
governance architecture and clarifies the boundaries of authority and responsibility. The
Company is committed to building a modern corporate governance mechanism with clear
positioning unified authority and responsibility and effective balancing fully accelerating
the process of high-quality development.· Optimize governance and lay a solid foundation for development ·
· Conducting compliance construction strengthening foundation of the rule of law ·
· Strengthening risk control ensuring steady progress ·
· Upholding business ethics creating a clean environment ·
· Making protection of rights and interests enhancing investment trust ·
030 031Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Establishregulationsforstabledevelopmentandplanlong-termplans
Optimize A sound corporate governance architecture is a key support for the sustainable development Jiamusi Electric Machine Company strictly follows the provisions of the Articles of Association to appoint of an enterprise. In accordance with the laws and regulations such as the Company Law of the directors. Directors are elected or replaced by the Board of Shareholders with a term of 3 years. The appointment
governance People’s Republic of China Securities Law of the People’s Republic of China Code of Corporate Appointment procedure of additional directors requires submission to the Board of Shareholders for decision after deliberation by the
and lay a solid Governance for Listed Companies in China Basic Norms of Enterprise Internal Control Rules Board of Directors. The director may after its expiration of the term be reelected and reappointed. The Company Governing the Listing of Shares on Shenzhen Stock Exchange and Self-regulatory Guidelines for has independent directors with independent directors accounting for no less than 1/3.foundation for the Companies Listed on the Shenzhen Stock Exchange No. 1 - Standardized Operation of the
development Companies Listed on the Main Board as well as the Company’s Articles of Association Jiamusi
The Board of Directors of the Company consists of 9 directors including 3 independent directors accounting for
33.33% of the Board of Directors in compliance with legal and regulatory requirements. The Board of Directors
Electric Machine Company establishes a comprehensive corporate governance strategy Composition includes one female member with an average age of 48 and an average tenure of 2 years. The current
and builds a standardized and efficient governance architecture. The Company has further members of the Board of Directors possess professional expertise in multiple fields such as motor finance and
optimized the remuneration management and assessment mechanisms for directors and law and all have extensive industry experience.senior managers forming a scientific comprehensive and efficient governance model that lays
a solid foundation for the Company’s steady development. All directors of the Company diligently fulfill their duties as directors of a listed company fully express their
opinions in daily work through various forms such as the Board of Directors and specialized committees
Corporate governance architecture Powers and functions and make decisions in strict accordance with the procedures stipulated in the Articles of Association and
Jiamusi Electric Machine Company deeply understands the core essence of the modern relevant rules of procedure. According to the Articles of Association the Board of Directors must hold at
state-owned enterprise system with Chinese characteristics and has established a corporate least 4 regular meetings each year. In 2024 the Company held 12 meetings of the Board of Directors.governance system based on the Company’s Articles of Association with a “1+N” model clearly
delineating the scope of authorities and responsibilities of each governance body. z Specialized Committee of the Board of DirectorsThe Company has legally established a modern corporate governance architecture consisting To improve the Company’s decision-making level in “developing strategies making decisionsof the Board of Shareholders the Board of Directors and its specialized committees the Board and preventing risks” the Board of Directors of the Company has established four specialized
of Supervisors and the management. It strictly operates in accordance with the Company’s committees: Strategy and Science and Technology Audit and Risk Remuneration and Assessment
Articles of Association ensuring that the production operation and office institutions remain Nomination and Sustainable Development. The Company conducts preliminary research and
completely independent from the controlling shareholders forming a scientific standardized review of issues of the Board of Directors through specialized committees striving to achieve full
and efficient decision-making and operation mechanism. coverage of issues of the meeting of the Board of Directors and further enhance the scientific
decision-making capabilities and level of the Board of Directors. In 2024 the Securities Department
The Company systematically reviews the corporate governance system scientifically and led the proposal to establish the Sustainability Committee of the Board of Directors and formulated
objectively evaluates the construction preparation and implementation of the system and the Detailed Rules for Implementation of the Sustainability Committee of the Board of Directors
promptly formulates the Special Meeting Work System for Independent Directors and the Work further improving the Company’s governance architecture adapting to the Company’s strategic
System for Independent Directors of the Company etc. in accordance with newly revised laws development needs and enhancing the Company’s sustainability management system.and regulations providing institutional guarantees for the Company to build a comprehensive
scientific standardized and effective management system. According to the Articles of Association and the Rules of Procedure for Board of Directors all members
Appointment procedure of specialized committees are composed of directors and the election of specialized committees of the
Corporate Governance Structure of Harbin Electric Corporation Board of Directors requires deliberation by the Board of Directors.Jiamusi Electric Machine Company Limited
Remuneration and Assessment Committee: Be responsible for formulating assessment standards for directors
Board of
and senior management conducting assessment developing and reviewing remuneration policies and plans for
Shareholders directors and senior management and making recommendations to the Board of Directors on related matters.Board of Supervisors Audit and Risk Committee of the Board of Directors: Be responsible for reviewing the Company’s financial
information supervising internal and external audits and internal controls and managing and controlling related
Board of Directors risks of the Company.Secretary of the Board of Nomination Committee of the Board of Directors: Be responsible for formulating selection criteria and procedures
Directors
Function for directors and senior management selecting and reviewing candidates for directors and senior management and their qualifications and making recommendations to the Board of Directors on related matters.Audit Nomination Strategy and Science and Remuneration Sustainability Strategy and Science and Technology Committee of the Board of Directors: Be primarily responsible for
committee Committee Technology Committee Committee Committee researching and providing recommendations on the Company’s long-term development strategy major
investment and financing decisions science and technology development plans and projects.Management Sustainability Committee of the Board of Directors: Primarily responsible for evaluating and guiding the Company’s
level sustainability (ESG) strategic planning expected goals policies and related risks and opportunities and providing
corresponding recommendations. Responsible for reviewing the Company’s ESG report and reporting to the Board
Audit and Supervision Party Building Economic Operation Securities
HR Department of Directors.Department Department Department Department
In 2024 the Company revised its Articles of Association once revised 6 systems and added 4 z Supervisors and Board of Supervisors
systems further standardizing the deliberation activities of each governance body ensuring Jiamusi Electric Machine Company has established a perfect structure of Board of Supervisors
their effective performance of duties in accordance with the law and gradually achieving in accordance with relevant laws and regulations and the Articles of Association formulated the
institutionalized standardized and procedural governance. Rules of Procedure for Board of Supervisors and fully leveraged the supervisory role of the Boardz Directors and Board of Directors of Supervisors namely “tangible supervision intangible constraints implicit results and far-reaching impact” to promote the establishment and improvement of the Company’s internal
The Board of Directors is the decision-making body of the enterprise. Effectively leveraging control system and drive the Company’s lawful and compliant operations.the governance functions of the Board is a crucial aspect of improving the modern enterprise
system with Chinese characteristics. Jiamusi Electric Machine Company strictly complies The Company strictly elects supervisors in accordance with the Company Law of the People’s Republic
with the requirements of supervisory authorities such as the State-owned Assets Supervision of China and the Articles of Association. The election of members of the Board of Supervisors requires
and Administration Commission and the China Securities Regulatory Commission to clearly deliberation by the Board of Supervisors. After deliberation it is submitted to the Board of Shareholders fordefine the Board of Directors’ responsibilities of “developing strategies making decisions and Appointment procedure decision. Office term for members of the Board of Supervisors is three years and the supervisor can bepreventing risks” and regards strengthening the construction of the Board of Directors and reappointed consecutively upon expiration of the office term.implementing its functions and powers as one of the important tasks to support the Company’s Supervisors held by shareholders are elected or replaced by the Board of Shareholders and supervisors
long-term development. held by employees are democratically elected or replaced by employees of the Company.
032 033Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Establishregulationsforstabledevelopmentandplanlong-termplans
Conducting Jiamusi Electric Machine Company earnestly implements various deployments of the State-
Composition The Board of Supervisors consists of 3 supervisors including 1 employee representative supervisor accounting owned Assets Supervision and Administration Commission of the State Council on compliance for 33.3% of the Board of Supervisors. compliance management construction for central enterprises comprehensively strengthens compliance
construction management construction establishes and improves the compliance management
In accordance with the requirements of Rules of Procedure for Board of Supervisors the Company’s organization system systematically promotes lawful and compliant operations and lays a solid strengthening foundation for high-quality development through efficient compliance management.Powers and functions supervisors effectively supervise the Company’s major matters financial status and the performance of directors and senior management safeguarding the legitimate rights and interests of the Company and foundation of the
its shareholders. In 2024 the Company held 8 meetings of the Board of Supervisors.rule of law
z General Manager and other senior management Issue/indicator Unit 2022 2023 2024
The General Manager and other senior management are the execution body of the Company
strictly implementing various resolutions of the Board of Directors and the Board of Shareholders Number of major litigation arbitration and other risk events involved Item 0 0 0
fully leveraging the management functions of the management in production and operation Number of violations and total amount of fines paid RMB ten thousand 0 0 0
actively promoting business development and internal management and ensuring the
Company’s sustained and stable development. Serious illegal and dishonest behavior by the entity and its legal representative Times 0 0 0
The Company currently has 7 senior management members including 1 General Manager 4 Deputy General Compliance management system
Composition Managers 1 Chief Accountant and 1 Secretary of the Board of Directors. The senior management members is Jiamusi Electric Machine Company fully implements the requirements of the requirements of 51 years old on average with an average term of 3.5 years including 5 majoring in engineering 1 majoring in Measures for Compliance Management of Central Enterprises and the Opinions on Further
accounting and 1 majoring in finance.Deepening the Construction of Rule of Law in Central Enterprises of the State-owned Assets
Supervision and Administration Commission of the State Council establishes a four-in-one
In 2024 the Company’s Board of Directors held a total of 12 meetings including 4 regular management model of “law compliance risk and internal control” adheres to the “four” principles
meetings and 8 interim meetings reviewing and approving 87 proposals. The meeting proposals further improves the “five” systems comprehensively enhances the five major capabilities of law-
included the background and overview of the proposals necessity feasibility analysis review by based enterprise management further refines the “1+N” risk management system for compliance
the Board’s special committees important risk analysis and countermeasures for the Board’s management establishes a multi-level compliance governance architecture and responsibility
attention and the impact on the listed company ensuring that the submitted decision-making system clarifies compliance responsibilities at all levels and ensures the compliant conduct ofmatters were clear well-justified and adequately risk-disclosed facilitating scientific decision- all business activities. The Company promotes the “integration and linkage of the three lines ofmaking by the Board. The issuance time of board meeting notices the procedures for convening defense” fully utilizes the management tool of “three lists” to achieve effective identification and
and holding meetings the qualifications of the meeting convener the attendance of directors active management of compliance risks forming a robust standardized and efficient compliance
and the review and voting procedures for proposals were all strictly executed in accordance with management system. It establishes a compliance risk database for key areas and supervises
the Company Law and the Articles of Association ensuring standardized and efficient board subsidiaries to improve compliance risk identification and early warning mechanisms effectively
operations and decision-making. preventing and promptly addressing compliance risks.Remuneration management and assessment of directors
supervisors and senior management Compliance management architecture
The Remuneration and Assessment Committee is responsible for formulating and reviewing
●
the remuneration policies and plans for directors and senior management setting assessment The Board of Directors Board of Supervisors Party Committee and the management lead
standards for directors and senior management and conducting assessment and inspecting the Company’s compliance management affairs. The General Counsel is the compliance
the decision-making procedure for remuneration of directors and senior management to ensure management officer (Chief Compliance Officer) comprehensively planning leading
compliance with regulations reasonable determination basis and no harm to the interests implementing and coordinating compliance management work.of the listed company and all shareholders. The Company solicits and considers opinions of ● Business departments as the first line of defense for compliance risk prevention are
stakeholders (including shareholders) on remuneration through the distribution of questionnaires. responsible for daily compliance risk identification and inspection.●
In terms of medium and long-term incentive mechanisms the Company has formulated the 2019 The Legal Compliance Department as the second line of defense for compliance risk
Restricted Stock Incentive Plan in accordance with the Trial Measures for the Implementation of prevention is responsible for improving the Company’s compliance management system.Equity Incentives in State-controlled Listed Companies (Domestic) Equity Incentive Measures ● The departments of audit supervision and discipline inspection as the third line of defense
for the Administration of Listed Companies and relevant regulations and in conjunction with the for compliance risk prevention are responsible for independently supervising and auditing
Company’s remuneration system and performance assessment system granting a total of 9.75 the effectiveness of the compliance management system and handling violations.million shares to 176 senior managers middle managers and core personnel accounting for 2% ● Part-time compliance officers are established in various departments and compliance
of the Company’s total shares that year. management work groups of Jiamusi Electric Machine Company are formed to be
responsible for compliance management within their respective departments ensuring
smooth communication channels.Case: Following elite leadership making a bright future through In response to changes in laws and regulations and the development needs of reform tasks the Company has further adjusted and improved its risk prevention and control system revised the
training for directors supervisors and senior management Management Measures for Legal Review and Management Measures for Litigation Case and
innovatively formulated management documents such as the Guidelines for Review of Major
Jiamusi Electric Machine Company actively organizes training for directors Decisions of the Company. In 2024 more than 10 legal opinion letters were issued for major
supervisors and senior management to enhance their performance capabilities decision-making matters such as enterprise restructuring corporate governance and fixed
better leverage their key roles in corporate governance and provide talent asset investment; issues such as unclear and incomplete contract terms and implementation
support for the Company’s high-quality development. In 2024 the Company before contract signing were resolved promoting further standardization of business practices.organized a total of 4 on-site training sessions and approximately 20 online site of training for directors Compliance management information construction
training sessions for directors supervisors and senior management. supervisors and senior
management The Company continues to advance the compliance management information construction
increasing the online rate of legal reviews for contracts systems major decisions etc. In 2024
034 035Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Establishregulationsforstabledevelopmentandplanlong-termplans
the Company established a compliance review process with the review scope covering the During its development Jiamusi Electric Machine Company has always paid close attention to
evaluation in terms of legality procedurality tightness applicability and risk. Through the Strengthening risk various risks continuously advanced comprehensive risk management optimized the internal
OA platform an online review process for major decisions and authorization approvals was control ensuring control system enhanced the ability to withstand risks actively prevented and resolved major
established enabling timely early warning of compliance risks and significantly improving risks faced by the enterprise thereby further improving the management level of the Company.efficiency ensuring that management actions are legal compliant and efficient. steady progress
Risk management
In 2024 the Company strengthened compliance review completing 240 administrative
document compliance reviews 47 Party document compliance reviews 381 system approval Jiamusi Electric Machine Company routinely promotes comprehensive risk management every
compliance reviews 237 authorization approval compliance reviews 49 financial legal reviews year solidly carries out risk monitoring and early warning deeply conducts risk identification
1321 seal application legal approvals 4472 legal risk compliance reviews and 34 major decision and assessment promptly reports major operation risk events strictly implements risk control
compliance reviews. The Company achieved 100% review and control of economic contracts measures and provides a solid guarantee for the Company’s sustainable development.major decisions and legal compliance. z Risk management system
Enhancing compliance and legal awareness Jiamusi Electric Machine Company will strengthen risk management as a systematic task
continuously improve the system construction leverage regulatory synergy and build a solidJiamusi Electric Machine Company is committed to creating a cultural environment of “fullrisk defense line. In term of system design the Company follows the requirements of lawsparticipation and comprehensive compliance” embedding the philosophy of “adhering to theand regulations such as the Company Law of the People’s Republic of China Guidelinesbottom line of compliance and strictly observing the red line of discipline” in the hearts of every
for Comprehensive Risk Management of Central Enterprises and Basic Norms of Enterprise
employee and continuously cultivating and consolidating the foundation of the Company’s
Internal Control and has formulated institutional documents such as the Comprehensive Risk
compliance culture.Management System Detailed Rules for Comprehensive Risk Management and Management
z Strengthening compliance training in key areas Measures for Reporting of Major Risk Events strengthening the top-level design of risk
management.Jiamusi Electric Machine Company continues to normalize specialized compliance training
and regularly organize marketing procurement personnel key position employees and middle The Company has established a committee for law-based enterprise management audit
management for legal thematic studies. The Company effectively enhances employees’ and risk management directly led by the General Legal Counsel (Chief Compliance Officer)
voluntariness to adhere to laws and regulations by strengthening compliance management and responsible for overall management of internal control and risk management formulating work
awareness of compliant operations. In 2024 the Company conducted 4 specialized legal training plans and annual plans for internal control and risk management reviewing important decisions
sessions in the key areas of marketing and procurement. major matters and key proposals. The Legal and Compliance Department is responsible for
coordinating organizing coordinating and promoting the implementation of specific tasks.z Conducting education and publicity on compliance of employees
Jiamusi Electric Machine Company actively explores innovative methods and approaches z Risk management processes and measuresfor legal education continuously improving the implementation effectiveness of “Internet Jiamusi Electric Machine Company has established a closed-loop management mechanism+ legal education”. The Company utilizes various platforms such as the WeChat official for major risks and improved the full life cycle management system for major risk identification
account and the internal publication Culture of Jiamusi Electric Machine to widely promote assessment response monitoring acceptance etc. Ensure that major risk responses achieve
legal knowledge and educational activities. practical results through annual unified deployment responsibility assignment quarterly tracking
and monitoring ledger management mid-term irregular follow-ups supervision and guidance
as well as summary acceptance and evaluation of effectiveness.Process Measures
In accordance with the Management Measures for Internal Control the Company comprehensively systematically and
continuously collects relevant information. Through the three steps of risk identification risk analysis and risk assessment
Risk identification it accurately identifies internal and external risks related to achieving control objectives assesses the corresponding risk
tolerance formulates management measures for the top ten risks adjusts monitoring and early warning indicators and
focuses on prevention and control.Establish the List of Indicators of Risk Monitoring and Early Warning for daily risk monitoring report monitoring results
Risk warning
monthly promptly analyze the reasons assess the impact and take measures when indicators exceed thresholds.The Legal Compliance Department continuously monitors identified risk events regularly updates progress issues risk
warning letters based on issues discovered during the risk event handling process and business risks in daily operations
Risk tracking
and promotes the proper resolution of risk events. It promptly makes close-loop management and summary for risk events
that have been resolved.Select different strategies such as risk avoidance transfer mitigation or acceptance for different risks to reduce risk losses
take different measures formulate plans and lists and update response measures quarterly based on actual conditions;
Comprehensive Risk Management System and Detailed Rules for Comprehensive Risk Management developed by the
Risk control
Company clarify the principles methods and classification handling processes for risk event management; manage
Journal of Culture of Jiamusi Electric Machine risks by level as major risks significant risks and general risks and conduct event-specific management and emergency
response.Adhering to legal tax payment
Based on the results of risk assessment and combined with risk tolerance organizations of the Company balance risk
Jiamusi Electric Machine Company has established Tax Management Measures and other and return comprehensively apply risk response strategies such as risk avoidance risk reduction risk sharing and risk
relevant systems adheres to the principle of legal and compliant tax payment conscientiously acceptance to achieve effective risk management; it implements control measures such as separation of incompatible
fulfills tax obligations strictly complies with relevant tax policies the Company’s management Risk response duties authorization and approval control accounting system control asset protection control strategy execution and
systems and operation standards in the countries or regions where the business operates uses budget control operational analysis control and performance evaluation control with methods combining preventive
true and complete tax-related materials as supporting evidence legally accurately and timely control and detective control keeping risks acceptable.pays various taxes discloses tax information as required and ensures compliance with relevant
tax regulatory requirements.
036 037Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Establishregulationsforstabledevelopmentandplanlong-termplans
z Risk management culture z Establish and improve the internal control system.Jiamusi Electric Machine Company attaches great importance to enhancing risk awareness and
cultivating a risk management culture. The Company guides employees to establish a scientific Optimizing the internal control system
risk management philosophy and strengthens their risk management awareness by organizing
multiple promotion and training activities on risk management culture. ● The Company established the Risk Control and Compliance Management Committee which
is fully responsible for the Company’s risk control and compliance management affairs and
established a “Four Meetings and One Layer” corporate governance structure in line with
modern enterprise systems consisting of the Board of Shareholders Board of Directors Board of
Supervisors Workers’ Congress and management to comprehensively plan lead implement
Case: T he Company conducted risk prevention training for procurement and and coordinate internal control management making management responsibilities clearer
marketing organizations the organizational system more sound the working mechanism more perfect and the key
content more clear. The Legal Compliance Department established the Comprehensive
Risk Management Office as the daily working body of the Company’s Comprehensive Risk
In 2024 the Company conducted risk prevention training for procurement and marketing organizations offering Management Executive Leadership Group to promote the construction of the internal control
two legal training sessions on procurement and marketing. The training covered procurement center buyers and system and the Audit Department independently performs the inspection and evaluation
Domestic Trade Department Office Manager Section Chief and above in the s totaling 330 participants. function against the management of internal control.In 2024 Jiamusi Electric Machine Company had no major risk incidents. ●T he Company has established the four-in-one management model of “legal compliancerisk and internal control” and created a four-in-one integration mechanism. Department
with management powers and functions such as law audit finance and economic operation
Internal control operate in coordination forming a mutually integrated and efficient internal control and
supervision system.The Company consistently adheres to the goal of “strengthening internal control preventingrisks and promoting compliance”. It further integrates and optimizes internal control risk and
compliance management systems improves internal control defect identification standards risk
assessment standards and compliance evaluation standards. A “1+N” internal control system Improving the management system
supported by operational norms has been established effectively advancing the modernization
of the management system and capabilities and enhancing the Company’s ability to prevent ● The Company refines and details various internal control management contents by improving
and resolve major risks and withstand risks. and refining the internal control management system continuously improves the internal
control system timely coordinates internal control issues and related risk response measures
In 2024 Jiamusi Electric Machine Company followed laws and regulations such as the Company promotes the standardization institutionalization standardization and proceduralization of
Law of the People’s Republic of China Tax Law of the People’s Republic of China Administrative various management contents of the Company and continuously improves the management
Measures on Information Disclosure by Listed Companies Basic Norms of Enterprise Internal level. In 2024 the Company formulated the Internal Audit Management System as the
Control and ISO 9001 (Quality Management System) and established an internal audit system general outline for internal supervision work and established a comprehensive audit work
independent of various business lines and functional departments. The Company’s Internal management system to ensure the effective operation of the supervision mechanism.Audit Department independently exercised its authority under the leadership of the Audit and
Risk Committee supervising the establishment and implementation of internal controls the
authenticity and completeness of financial information and promptly urging the rectification
and supervision of internal control deficiencies. Internal control system
●I nternal Control Manual Management Measures for Construction of Internal Control System
Measures for Supervision and Management of Internal Control of Funds Management
Measures for Authorization of Board of Directors Rules of Procedure for Board of Shareholders
Rules of Procedure for Board of Directors Rules of Procedure for Board of Supervisors Rules
of Procedure for General Manager’s Office Meeting System Management Regulations and
Management Measures for Internal Control Evaluation
Internal control process
●T he Company has established an internal control supervision and inspection mechanism
conducts annual evaluations and determines the main units businesses and matters as well
as high-risk areas to be included in the evaluation scope based on the risk-oriented principle.The main businesses and matters included in the evaluation scope include: marketing
and after-sales management R&D management procurement and business outsourcing
production and cost management inventory management fund management financing
management asset and project management expense management financial reporting
management investment management human resource management information
system management comprehensive budget management development strategy internal
environment contract management and information disclosure management. Every year the
Company organizes various organizations to conduct self-evaluations inspection evaluations
communicate and identify deficiencies rectify deficiencies and prepare evaluation reports;
establishes a risk early warning indicator system to enhance the monitoring of risk indicators;
establishes a major risk event reporting mechanism formulates response plans and prevents
the spread and superposition of major risks.Quality Management System Training
038 039Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Establishregulationsforstabledevelopmentandplanlong-termplans
z Daily control in key areas
The company strictly follows any national laws and corporation’s regulations taking non-tolerance
Jiamusi Electric Machine Company emphasizes risk management and conducts daily control attitude to punish the corruption and bribery behaviors and build case recycle system to analyze why the
work in key areas. Related work is carried out with the department taking primary responsibility PunishmentofCorruption case becomes as well as take stronger action integrity risk control in the future. In 2024 there is no people
and other departments collaborating in supervision. In 2024 the Company conducted 5 audits get punished due to corruption related event.identified 79 issues and proposed 13 recommendations. Among these 2 were economic
responsibility audits and 3 were special audits achieving comprehensive coverage of audit
work. At the same time the Company effectively implemented the “second half” of audit
rectification forming an effective closed loop of management.In accordance with the Special Inspection Rectification Work Plan issued by the Corporation
Jiamusi Electric Machine Company has formulated the Special Inspection Rectification Case: 2024 Meetings on Party Conduct and Upholding Integrity Construction and Anti-
and Accountability Work Plan. During the year the Company has revised 228 regulations
completely abolished 13 regulations and added 81 new regulations. Internal control and corruption Work and Warning Education Conference
regulation management have been effectively implemented and management efficiencyhas been comprehensively improved. The Company has completed the revision of the In 2024 the Company solidly carries out Party discipline education closely follows the goal requirements of “studyinginternal control manual revised 11 management processes improved 35 regulatory defects discipline knowing discipline understanding discipline and observing discipline” organizes 3 warning education sessions
published 539 effective management regulations and released the latest Company’s 2 Regulations interpretation sessions 1 on-site education session 8 discipline party lessons taught by the leadership team
Catalog of Effective Management Regulation ensuring the effectiveness and accuracy of the and holds a thematic meeting of the Party Conduct and Integrity Construction Leadership Group every six months to
management system. The Company has improved and revised the list of responsibilities and discuss work. Hold classified warning education meetings and conduct integrity talks with newly appointed leaders and
authorities of corporate governance bodies reviewed 230 decision-making items during the key area leaders managed by the Company’s Party Committee to further strengthen warning and deterrence.year and provided compliance review opinions on the Party Committee’s pre-discussion andlist of “decision-making on major matters appointment and removal of important cadresinvestment decisions on major projects and use of large amounts of funds” ensuring the
Company’s legal and compliance management.Upholding business Jiamusi Electric Machine Company adheres to the principle of “zero tolerance” to resolutely combat corruption continuously optimizes anti-corruption compliance systems and supervision
ethics creating a processes and deeply promotes the construction of a clean culture creating a clean and upright
clean environment corporate environment. At the same time the Company attaches great importance to fair competition management strictly prevents and curbs monopolistic behavior and is committed
to building an open fair and faithful business ecosystem.Integrity system construction
Jiamusi Electric Machine Company always adheres to China’s anti-corruption laws and
regulations resolutely follows the guiding principles of the United Nations Convention against
Corruption CPC Constitution CPC’s Regulations on Disciplinary Punishments Rules for
Supervision and Enforcement of Discipline by the CPC’s Discipline Inspection Organs CPC’s
Regulations on the Accountability and Law of the People’s Republic of China on Administrative
Sanctions against Public Officials and strictly complies with anti-corruption and anti-bribery laws
and regulations in the regions where it operates continuously strengthening the construction of
the integrity system.The Company insists on advancing the integration of not daring to corrupt not being able
to corrupt and not wanting to corrupt. Optimize and improve the “three non-corruptions” Meetings on Party conduct and upholding integrity construction and anti-corruption work and warning education conference
working mechanism adopt the “1+N” form conduct two rounds of routine inspections on 8
directly affiliated Party organizations around the “four focuses” strengthen the construction ofa clean culture carry out the Party conduct and integrity education month activity of “studyingregulations observing Party discipline promoting development” organize the clean worksexhibition that “Brush and ink convey integrity in Jiamusi Electric Machine Company a pure z Integrity culture constructionbreeze nourishes the original aspiration.” and foster a good atmosphere where integrity is
honored and corruption is shamed. Jiamusi Electric Machine Company implements the Opinions on Strengthening the Construction
of an Incorruptible Culture in the New Era consolidates the ideological foundation of integrity
z Integrity system construction builds a strong ideological line of defense against corruption leads the construction of an
incorruptible culture. In 2024 the Company conducted 5 anti-corruption and anti-bribery training
The company builds and continually perfects the anti-corruption system has set up several regimes sessions organized warning education interpreted the Regulations asked the leadership team to
including Implementation Opinions of the Party Committee on Further Strengthening the Construction
Antibusinessbriberyand teach discipline Party lessons organized employees to sign integrity commitment letters actively of Party Conduct and Healthy Government and anti-corruption work Company system implementation
of monitoring and accountability methods Scope and method of complaint reporting and consistently played the foundational role of incorruptible education strengthens situational education legal corruptionsystem
improved the construction of total-integrity system to provide solid security for company’s long-term and awareness warning deterrence and exemplary leadership.healthy development.z Integrity supervision mechanism
The company built perfect system of report management and disposal ensuring staffs can report any Jiamusi Electric Machine Company effectively enhances management and supervision
doubtful illegal behaviors by distinct methods including integrity phone integrity mail supervision website efficiency by building a sound supervision and control system strengthening the power balance
IntegrityReportSystem under secret circumstance. We have high requirement to the reporter’s information and right protection mechanism and implementing a strict accountability system. To effectively curb the corrupt
guarantee reporter’s identity will be kept and promise that staffs will not get unfair and wrong treatments the Company actively moves the anti-corruption line of defense forward strengthens daily
and hurt. supervision and management focuses on early detection and prevention builds a multi-
040 041Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Establishregulationsforstabledevelopmentandplanlong-termplans
layered line of defense normalizes daily supervision work promptly identifies and resolves issues
in business management and effectively safeguards the legitimate rights and interests of
shareholders and the public.Case: The Company organized anti-monopoly training.In addition the Company conducts special rectification actions according to actual conditions
promoting a more complete institutional system and more standardized management in
relevant business areas. The Company issues the Notice on Re-clarifying the Scope and Methods In April 2024 the Company arranged anti-monopoly training activities and in September the Company conducted
of Accepting Complaints and Reports and the Notice on Announcing the Reporting Platform for learning activities of fair competition policy promotion week and cybersecurity awareness week.Issues of Harbin Electric Corporation’s Violation of the Spirit of the Eight-point Decision of the CPC The average compliance training duration per person was 2 h with 100% coverage rate of the Negative List
Central Committee on Improving Party Conduct establishing comprehensive reporting channels of Employee Behavior and 100% signing rate of the Compliance Commitment Letter by employees. This has
including reporting email reporting phone reporting platform etc. significantly improved compliance awareness and over 95% of employees aware of anti-unfair competition laws
and regulations.Issue/indicator Unit 2024
Number of anti-corruption and bribery training sessions
Times 5
conducted by the Company
Number of management personnel and hours of training on
Person; hour 40 persons; 5 hours
corruption and bribery policies
Number of general employees and hours of training on
Person; hour 1411 persons; 4 hours
corruption and bribery policies
Fair competition
The Company adheres to noble business ethics and resolutely opposes all forms of unfair
competition. 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 Competition Law of
the People’s Republic of China regulates its competitive behavior maintains a fair market
competition environment protects the legitimate rights and interests of operators and
consumers and promotes the sound and orderly development of the socialist market economy. The company organizes special anti-monopoly training
z Issuing guidelines for fair competition compliance
In terms of system construction the Company has compiled the Integrity Compliance Manual
and the Anti-monopoly Special Guidelines covering contents related to anti-monopoly and
anti-commercial bribery providing employees with clear behavioral guidelines to help maintain In 2024 the Company did not experience any major unfair competition events. Risk prevention
a sound market competition order. and control capabilities have been enhanced with no administrative penalties or lawsuits due to
unfair competition practices.z Establishing a fair competition review mechanism
The Company incorporates compliance management responsibilities such as anti-monopoly
and anti-unfair competition into the scope of the Compliance Management Department
improving comprehensive compliance risk management mechanisms including law and
Making protection Jiamusi Electric Machine Company conducts investor relations management in accordance with regulation tracking compliance system construction risk assessment review and training; laws and regulations such as the Company Law of the People’s Republic of China the Securities
adheres to responsible sales and marketing standardizes compliance in the entire process of rights and Law of the People’s Republic of China the Rules Governing the Listing of Shares on Shenzhen of business expansion and contract management by sales companies business teams and Stock Exchange and the Guidelines for Investor Relations Management of Listed Companies.product teams and provides accurate and comprehensive information in market development interests The Company is committed to protecting the legitimate rights and interests of investors actively
customer sales and product label management. enhancing practicing the philosophy of respecting rewarding and protecting investors by improving
z Deepening fair competition practices investment trust corporate governance and enterprise value.Investor relations management
Comprehensively The Company has carried out fair competition policy promotion week activities organized compliance Strengthening investor relations management is a key measure to improve the governance level
strengthening fair training timely shared learning of compliance laws and cases regularly conducted cultural month of listed companies and an important link in protecting investor rights. Jiamusi Electric Machine activities and played promotion posters on the Company’s large screens utilizing various promotion
competition education Company always places investor relations management in an important position actively carriers to create a good atmosphere of learning understanding and abiding by the law. builds a stable and high-quality investor base improves two-way communication channels and
efficient interaction mechanisms with investors and creates a company culture atmosphere
that respects and serves investors.The Company signs the Compliance Commitment Letter with suppliers solemnly promising to strictly
comply with compliance requirements in corporate governance finance and taxation intellectual z Enhancing communication with investors
property and market transactions. The Company adheres to the principles of honesty and integrity A person is assigned to maintain investor relations management channels including interactive
Special supervision and and business ethics conducts business activities in accordance with laws and regulations fully fulfills platforms investor hotlines public email etc. with a answering and reply rate of 100%. In 2024 the
governance of suppliers contractual obligations properly exercises contractual rights and appropriately handles various Company disclosed a total of 174 announcements received approximately 380 investor calls and
disputes or controversies within the legal framework. In the process of market transactions and eligible replied 164 investor inquiries on the interactive platform and held investor reception day events
supplier qualification review the Company resolutely resists any form of commercial bribery and unfair
competition. inviting the Shenzhen Stock Exchange to participate and hosting about 50 investors on-site.
042 043Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Establishregulationsforstabledevelopmentandplanlong-termplans
z Investor relations management system Protection of rights and interests of shareholders
To enhance information exchange between Jiamusi Electric Machine Company and investors Jiamusi Electric Machine Company is always committed to protecting rights and interests of
promote a good interactive relationship between the Company and investors and further shareholders. In accordance with relevant laws and regulations the Company has established
optimize the Company’s governance architecture the Company has formulated a series of the Rules of Procedure for Board of Shareholders and other regulatory systems strictly defining
documents including the Investor Relations Management System Information Disclosure the preparation convening and voting procedures of the Board of Shareholders ensuring equal
Management System and Accountability System for Significant Mistakes of Annual Report treatment for all investors fully protecting the legitimate rights and interests of investors and
Information Disclosure in accordance with the Guidelines for Investor Relations Management of enabling all shareholders to effectively exercise their rights.Listed Companies combined with the Company’s actual situation. Through the implementation
of these systems the Company actively carries out investor relations management work z Board of Shareholders
effectively safeguarding investors’ rights to know and participate in the Company’s major The Company respects and safeguards the rights of all shareholders as owners of the Company.matters. In strict accordance with the Articles of Association and the Rules of Procedure for Board
of Shareholders the Company regularly convenes and holds the Board of Shareholders to
Construction of investor relations management department ensure participation of shareholders in the decision-making of major matters of the Company
as stipulated by laws administrative regulations and the Articles of Association. In 2024 the
Company held 5 meetings of the Board of Shareholders.● The primary responsible person for investor relations management affairs is the Company’s
Chairman. z Shareholder shareholding analysis mechanism
● The Secretary of the Board of Directors is the person in charge of the Company’s investor The Company has established a shareholder shareholding analysis mechanism to monitor
relations management affairs responsible for the overall planning coordination and and analyze the shareholder structure every 10 days paying attention to changes in significant
arrangement of the Company’s investor relations work. investors. The Company regularly communicates with major shareholders to actively understand
● The Securities Department is the functional department for the Company’s investor their opinions and suggestions thereby better serving the shareholders. In 2024 the Company
relations management responsible for the daily affairs of the Company’s investor relations downloaded 36 shareholder registers and generated 36 shareholder analysis reports.management. Advertise Regularly and Protect Rights Together: The company regularly organize investor
th th
● The Company’s controlling shareholders actual controllers directors supervisors and protection publicity programs including March 15 May 15 Investor Protection Day and Publicity
senior management shall provide convenient conditions for the Secretary of the Board of Month strengthen the publicity via knowledge competition making slides videos cartoons
Directors to perform investor relations management duties. posters and paper folding as well as timely post the content related with investor protection
on company’s Wechat official account enriching work content regarding investor relationship
management. In 2024 the company totally convened 4 investors protection publicity program
Construction of investor relations management team delivered about 200 advertisements materials and issued 4 electrical teaching products.z
The Company regularly conducts professional skills training for investor relations management
personnel and continuously strengthens training in industry information financial knowledge
legal knowledge and foreign language skills cultivating compound investor relations talents and
enhancing the team’s professional level. In 2024 the Securities Department conducted 10 internal
training sessions and participated in more than 20 external remote training sessions.Case: 5.15 National Investor Protection Promotion Day
In May 2024 the Company invited 26 institutions including CITIC Securities
Founder Securities and CICC to jointly conduct investor protection
promotion activities. Through visits to the exhibition hall and workshops a
Case: Compliance and legal education campaign speech by the General Manager a performance report by the Secretary
of the Board of Directors and interactive Q&A sessions with investors the
In March 2024 the Securities Department Company expanded the scope and enhanced the effectiveness of the
and the Legal Compliance Department promotion effectively playing a positive role in protecting the legitimate
jointly organized a “3*15” Investor and rights and interests of investors.Consumer Rights Knowledge Competition
enhancing investor rights protection
awareness and enr ich ing investor
knowledge reserves. In May 2024 the
Company invited 26 institutions including
CITIC Securities Founder Securities and
CICC to jointly conduct investor protection
promotion activities. Through visits to the
exhibition hall and workshops a speech
by the General Manager a performance
report by the Secretary of the Board of
Directors and interactive Q&A sessions
with investors the Company expanded
the scope and enhanced the effectiveness Compliance and Legal Education Campaign
of the promotion. In November 2024 the
Securities Department produced an electronic investment education product for the “World Investor Week” and
sent it to the official account for promotion. In 2024 the Company held 4 investor protection promotion activities
distributed approximately 200 promotion materials and released 4 electronic investor education products. 5.15 National Investor Protection Reception Day
044 045Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Establishregulationsforstabledevelopmentandplanlong-termplans
z Information disclosure system
Indicator Unit 2021 2022 2023 2024 Jiamusi Electric Machine Company strictly adheres to the requirements of the Company Law
of the People’s Republic of China the Securities Law of the People’s Republic of China the
Administrative Measures for Information Disclosure of Listed Companies the Listing Rules of the
Number of shareholders’ meetings held Times 2 6 3 5 Shenzhen Stock Exchange and other relevant laws and regulations and has formulated a series
of documents such as the Information Disclosure Management System and the Annual Report
Number of Strategy and Technology Committee’s Information Disclosure Major Error Accountability System. Through the implementation of these
Times 1 1 4 7
meetings held systems the Company further standardizes the information disclosure process ensuring lawful
and compliant operations and effectively safeguarding the legitimate rights and interests of the
Number of Audit and Risk Committee’s meetings Company shareholders and investors.Times 4 5 7 7
held
z Information disclosure work
Number of Remuneration and Evaluation
Times 1 4 6 7 In 2024 the Company prepared the 2023 Annual Report the 2024 First Quarter Report the 2024 Semi-
Committee’s meetings held
Regular reports Annual Report and the 2024 Third Quarter Report. The Company focuses on understanding the information that needs to be disclosed and reported in accordance with the newly revised information disclosure laws
Number of Nomination Committee’s meetings and regulations ensuring that periodic reports are disclosed in a timely and compliant manner.Times 1 1 5 5
held
In 2024 the Company strictly followed the relevant regulations of the China Securities Regulatory
Commission and the Shenzhen Stock Exchange to disclose 174 announcements in a true accurate
Equity distribution implementation: In 2024 based on the Company’s total share capital of Interim reports complete timely and fair manner enhancing the openness and transparency of the Company’s
595858553 shares a cash dividend of RMB 2.02 per 10 shares (tax included) was distributed to operations and ensuring that investors can timely understand the Company’s development dynamics
all shareholders with no additional shares issued or capital reserve converted into share capital. providing a reliable basis for their decision-making.The equity distribution was completed on June 4 2024.Information disclosure transparency
Jiamusi Electric Machine Company continues to optimize the information disclosure process to
ensure the authenticity accuracy completeness and timeliness of the disclosed information
thereby continuously improving the quality of information disclosure. Strengthening the
construction of information transparency can effectively reduce the degree of information
asymmetry safeguarding investors’ right to know and enhancing external supervision thereby
maintaining the fairness and justice of the capital market and promoting high-quality economic
development.The general meeting of shareholders
046 047Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Lushgreenerybuildinganecologicaljourneytogether
05
Lush greenery
building an ecological
journey together
Jiamusi Elec tric Machine Company has always attached great importance to ecological
and environmental protection established a comprehensive environmental management
system and focused on developing a new generation of high-efficiency and energy-saving
products mainly inclu ding high-efficiency and energy-saving motors low-carbon and
environmentally friendly motors and nuclear power motors. The Company optimizes
resource use in all aspects of production and operation standardizes the treatment of
pollutants and waste and strives to promote the construction of ecological civilization in
China to a new level.· Low-carbon actions addressing climate change ·
· Green innovation creating high-quality products ·
· Protecting ecology advancing environmental management ·
· Optimal resource allocation for efficient utilization ·
· Pollution control standards protecting the ecological environment ·
048 049Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Lushgreenerybuildinganecologicaljourneytogether
Low-carbon Jiamusi Electric Machine Company regards addressing climate change as a key measure to z Energy management systempromote ecological civilization construction and achieve high-quality development continuously
actions addressing Jiamusi Electric Machine Company has formulated a series of institutional documents such launching and implementing a series of strategies measures and actions to address climate as the Energy Management System Manual the High Energy Consumption Equipment
climate change change. The Company makes every effort to strengthen its response to climate change is Management System and the Energy Saving Management Measures establishing an energy committed to promoting the comprehensive green transformation of the economy and society
management organizational structure with the chairman as the primary responsible person for
and actively contributes to building a modern China where humans and nature coexist in
energy management. The Equipment and Information Technology Department is responsible
harmony.for promoting and implementing national and local energy-saving laws and regulations
Practicing green and low-carbon philosophies decomposing energy-saving indicators to subsidiaries supervising their progress in energy-
saving work and conducting monthly statistics and assessments. Each workshop and energy-
The Company implements the new development philosophies actively carries out energy- consuming organization is responsible for decomposing and implementing energy consumption
saving and carbon reduction renovations in the factory area and integrates green and low- indicators and carrying out energy-saving work based on actual conditions.carbon philosophies into company operations.Organizational Chart of the Energy Management System of
z Green operation Jiamusi Electric Machine Company Limited (Main Organization)
Jiamusi Electric Machine Company’s green and low-carbon philosophies run through all aspects Chairman
of production and operation. The Company adheres to green operations and continuously
reduces carbon emissions in the operation process through technological transformation and
General Manager
equipment upgrades. In 2024 the comprehensive energy consumption per RMB 10000 of output
value decreased by 2.5% compared to the previous year.Deputy General Manager in Charge
Green factories are the production units of the manufacturing industry and the main body of
green manufacturing implementation. Jiamusi Electric Machine Company deeply develops the Equipment and Information
Company’s green manufacturing in accordance with the direction advocated by Made in China Technology Department
2025 and steadily advances the maintenance of the Company’s green factory. During the 14th
Five-Year Plan period while increasing the promotion of energy-saving products Jiamusi Electric
Machine Company will build the Company into a green factory with intensive land use clean
production waste resource utilization and low-carbon energy.z Jiamusi Electric Machine Company’s major planning projects for
Low-voltage high-efficiency energy-saving motors
Hoisting and metallurgical motors
High-voltage high-efficiency energy-saving motors Organizational Chart of the Energy Management System and Energy Management System Manual
Design and development of
green and high-efficiency Nuclear power motors The Company continues to strengthen the management of energy-consuming equipment
energy-saving motors Permanent magnet motor gradually phasing out outdated equipment with high energy consumption and low efficiency.Forward-looking new product development In key energy areas such as electricity water resources natural gas and fuel the Company
Improvement of software and hardware skill levels has established clear energy-saving requirements and goals. By adopting technically feasible
economically reasonable and environmentally and socially acceptable measures the Company
reduces energy consumption at every stage of energy use eliminating waste to achieve efficient
Optimization of process flow to improve work efficiency and rational energy utilization.Enhancement of production Improvement of factory space utilization and logistics
and manufacturing systems efficiency z Energy management system audit and certification
Reduction of energy consumption and carbon emissions The Company’s energy management system has obtained ISO 50001:2018 and RB/T119-2015
certifications and passed re-certification in January 2023. Cover energy management activities
Advancing the implementation of the carbon peaking and related to production systems auxiliary production systems and subsidiary production systems
carbon neutrality goals for products such as general motors explosion-proof motors local fans lifting and metallurgical Enhancement of energy motors generators and shielded motors (electric pumps).management Continuously improving the energy management system
Energy management and utilization
Starting from the system continuously optimizing the
operational documents of the environmental management
Environmental management system
enhancement Increasing investment in environmental protection
equipment to purify dust emissions
Strengthening the disposal of harmful waste
Focusing on energy management
Jiamusi Electric Machine Company has established and efficiently operates an energy
management system continuously optimizing energy management efficiency. The Company
actively engages in energy governance practices enhancing energy efficiency in key areas
through energy management system training promoting energy recycling and assisting the Legend: Energy Management System Certificate Legend: Energy Management System
Company in achieving comprehensive coordinated and sustainable energy development. Certificate Attachment
050051
Product Manufacture
Department
Company office
Design Department
Process Department
Quality Assurance
Department
Procurement center
Shielding workshop
Spraying and packaging
workshop
Punching and shearing
workshop
Electric workshop
Small workshop
Large workshopJiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Lushgreenerybuildinganecologicaljourneytogether
z Energy reuse Jiamusi Electric Machine Company actively implements the concept of circular economy
adhering to the principles of “reduction reuse and resourceization” in product design production
Jiamusi Electric Machine Company actively practices new development philosophies
packaging and transportation and striving to minimize resource consumption and enhance
accelerates the construction of energy reuse systems such as waste heat reuse promotes
resource recovery and reuse. During the product design phase the Company strictly adheres
effective energy utilization comprehensively advances the construction of a beautiful China and
to standards such as the General Principles for Eco-design of Products (GB/T 24256) and the
achieves a win-win situation for ecology and industry.Technical Specification for Green Design Product Evaluation of AC Motors (T/CEEIA 410-2019)
z Energy management training to promote green design prioritize the use of environmentally friendly materials and ensure
that components such as scrap steel scrap copper and scrap aluminum in the motors are
The Company is committed to deepening energy management improving energy use efficiency recyclable. In the packaging and transportation process the Company optimizes packaging
promoting energy conservation and consumption reduction and building an efficient energy materials avoids over-packaging and ensures the recyclability of packaging materials to reduce
management system. To this end the Company actively conducts energy management training resource waste and environmental impact.to help employees fully grasp the basic knowledge of energy management and energy-saving
technologies further strengthening their energy-saving awareness.The main energy consumed in the Company’s motor production includes heat electricity diesel indicator Unit 2024
kerosene gasoline natural gas and coal gas.Total greenhouse gas emissions t CO2 e 38616.49
Indicator Unit 2024
Area 1 Emissions t CO2 e 5367.84
Total Energy Consumption tce 12551.89
Area 2 Emissions t CO2 e 33248.65
Fossil Energy Consumption tce 2037.00
Non-fossil Energy Consumption tce 3533.89
Purchasing Energy Consumption tce 6981.00
Enhancing energy conservation and carbon reduction awareness
Jiamusi Electric Machine Company in accordance with the requirements of the State-owned
Assets Supervision and Administration Commission and the Corporation’s relevant documents
focuses on improving employees’ awareness of the importance of ecological civilization
construction strengthening their sense of responsibility in energy conservation carbon reduction
and environmental risk prevention and advocating a practical efficient diligent and frugal
company culture.Subsidiaries carry out special training on energy conservation and low carbon share advanced
experiences and solidly advance energy conservation and low carbon work. Organize
employees to discuss issues such as improving energy use efficiency optimizing equipment
energy conservation and reducing resource consumption further deepening the concept of
energy conservation and low carbon. At the same time actively carry out promotion activities
on philosophies such as carbon peaking carbon neutrality and green development interpret
relevant policies and provide strong support for the Company’s energy conservation and
emission reduction work.Case: Special Training Case on Energy Conservation and Low CarbonMay 13 to May 19 2024 is the National Energy Conservation Publicity Week with the theme of “GreenTransformation Energy Conservation” and May 15 is the National Low Carbon Day with the theme of “Green andLow Carbon Beautiful China”. In accordance with the requirements of the State-owned Assets Supervision and
Administration Commission and the Corporation’s documents in order to enhance the awareness of employees
on the importance of building an ecological civilization enhance their sense of practical responsibility for energy
conservation emission reduction and environmental risk prevention and control and promote a pragmatic
efficient diligent and frugal corporate style. The Company carried out publicity and education activities for
the 2024 “Energy Conservation Publicity Week” and “National Low-Carbon Day” including one special seminar
concentrated lectures and other learning activities with 32 participants; and one knowledge quiz activity with 32
participants.Promote energy conservation
052 053Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Lushgreenerybuildinganecologicaljourneytogether
Green innovation Jiamusi Electric Machine Company continues to advance the greening of its products striving to Energy-efficient and high-performance productsachieve energy efficiency low pollution recyclability and low carbon goals in both the production
creating process and the products themselves. Energy efficiency and high performance are key characteristics of green products. The Company actively responds to the national energy conservation and emission reduction
high-quality Green design and green packaging strategy committing to producing high-efficiency and energy-saving motor products helping
products downstream industries reduce energy consumption and contributing to the achievement of the Jiamusi Electric Machine Company upholds the concept of a circular economy adhering to national carbon peaking and carbon neutrality goals.the principles of “reduction reuse and resource recovery” in product design production and
packaging transportation and aiming to minimize resource consumption and enhance resource As of December 31 2024 the Company’s total energy consumption was 6786.53 tons of standard
recycling efficiency. The Company conducts green design in accordance with standards such as coal with a 5% decrease compared to 7119.57 tons of standard coal in the same period last year.the General Principles for Eco-design of Products (GB/T 24256) and the Technical Specification In terms of energy-saving equipment upgrades the Company has completed the replacement
for Green Design Product Evaluation of AC Motors (T/CEEIA 410-2019) selects environmentally of 14 S13-type low-loss transformers across the entire plant. Currently only two S11-type
friendly materials and ensures that components such as scrap steel scrap copper and scrap transformers remain in use (located in Small Building 10 and the new stamping workshop) while
aluminum in the motors are recyclable. all other transformers have been updated. Additionally the Company plans to replace 37 high-
energy-consuming motors for equipment. The relevant motors have already been produced
In terms of resource conservation the packaging optimization project has a 2024 budget savings and the electromechanical maintenance team will replace them based on actual conditions.target of RMB 50000 and as of now RMB 122600 has been saved; the solvent saving project has The Company has established a biomass fuel testing laboratory to improve fuel quality control.a 2024 budget savings target of RMB 70000 and as of now RMB 136700 has been saved. By strictly controlling fuel quality it effectively promotes the improvement of boiler combustion
z Using environmentally friendly materials efficiency. Regarding the upgrade of the power supply system the Company has completed the
replacement of 03 high-voltage cabinets including 11 × 10-kilovolt high-voltage cabinets and 19 ×
The Company explores the use of environmentally friendly materials in green products across 6-kilovolt high-voltage cabinets. Additionally 3 high-voltage capacitor cabinets and a set of DC
seven series including YJ YJKK and YJKS. For example the stator core is made of high-quality batteries have been replaced further enhancing the operational reliability of the power supply
electrical silicon steel sheets treated with oxidation significantly reducing various losses material system. Furthermore the Company has renovated the original salt industry high-voltage room
usage and resource consumption. The electromagnetic wire and insulation use polyester-imide and replaced outdated power supply facilities to ensure power supply safety.enameled wire and the wound stator core is vacuum pressure impregnated giving the product
superior electrical mechanical moisture-proof and thermal stability properties. In material z Product carbon footprint management
selection the Company focuses on reducing the use of harmful substances and avoiding their Jiamusi Electric Machine Company is actively advancing the construction of a product carbon
leakage meeting national requirements for the restricted use of harmful substances in products footprint management system to accelerate the improvement of carbon footprint management
and reducing environmental pollution. for key products and support the achievement of carbon peaking and carbon neutrality goals
z Recycling of components steadily and orderly expanding the coverage of products.The Company adheres to the principle of resource recycling in the green product design of 7 In 2024 Jiamusi Electric Machine Company Limited was among the first to receive the “Starseries including YJ YJKK and YJKS. Components such as motor stators rotors end covers fans Benchmark Enterprise Certificate for Carbon Peaking and Carbon Neutrality Managementand fan covers can be disassembled and recycled at the end of their lifecycle. Information Disclosure” from the Yangtze River Delta Green Certification Alliance. It also obtained
the “Product Carbon Footprint Verification Statement Certificate” for high-quality development inz Green packaging and transportation the electrical industry. Three technical conditions won the first prize of the “Electrical Standards—The Company has gradually established and improved various systems for green packaging Chint Innovation Award” and one technical condition won the third prize. The enterprise
and transportation formulated the Green Packaging and Transportation (Implementation Plan) standards for the TYCX series high-efficiency permanent magnet three-phase synchronous
continuously promoted the implementation of new green transportation methods by relevant motor (frame size 80–400) YBX3 280S-2 and YBX3 180M-2 specifications received carbon
departments each year. The formulated enterprise standards 0EE.518.000 General Technical footprint certificates. Nine product series were awarded the title of green product design and
Conditions for Packaging Boxes (Wooden Boxes) and Packaging Boxes and 0EE.518.004 Technical four product series standards were recognized as national-level “leader” enterprise standards
Requirements for Product Flexible Packaging stipulate the requirements for product packaging driving continuous improvement in product quality through standards.and packaging materials and eliminate excessive packaging of products. At the same time the
application of aluminum foil film flexible packaging will gradually make motor packaging green z Green product honor certification
lightweight environmentally friendly and economical. In 2020 the Company was included in the “Green Factory” list by the Ministry of Industry and
Information Technology.The Company has been certified as a green packaging implementation organization by Jinqian
Certification Co. Ltd. and received an excellent rating in the Green Packaging Safety and
Reliability Evaluation Report.In 2021 the Company received the “Green Design Demonstration Enterprise for IndustrialProducts” certification from the Ministry of Industry and Information Technology.In 2022 seven series of products including YJ YJKK and YJKS were awarded the national “GreenProduct Design” title.In 2023 the YBBP YBBP3 YBKK and YBXKK series motors obtained the “Green Product EvaluationCertificate”.In 2023 23 series of products from the Company obtained the “Product Carbon FootprintGreen Packaging Implementation Green Packaging Safety and Reliability Green Packaging and Transportation Certificate”.Organization Certificate Evaluation Report (Implementation Plan)
054 055Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Lushgreenerybuildinganecologicaljourneytogether
Protecting ecology Jiamusi Electric Machine Company Limited adheres to the core concept of “enterprise z Management of sudden environmental risk eventsdevelopment with environmental protection first” actively implements the environmentaladvancing In accordance with the Environmental Protection Law of the People’s Republic of China the protection policy of “giving priority to protection focusing on prevention implementing Emergency Response Law of the People’s Republic of China the National Emergency Plan forenvironmental comprehensive treatment encouraging public participation and holding those accountable for Sudden Environmental Events and related laws and regulations the Company has established damage” and regards the coordinated development of economy and environmental protection
management management systems such as the Emergency Plan for Sudden Environmental Events the as an important strategic goal striving to become a model of an environmentally friendly Extreme Cold Weather Emergency Plan and the Heavy Pollution Weather Emergency Plan.enterprise. The Company strictly complies with laws and regulations such as the Environmental
Protection Law the Air Pollution Prevention and Control Law the Water Pollution Prevention
and Control Law and the Solid Waste Pollution Prevention and Control Law as well as industry
standards such as the Comprehensive Emission Standard for Air Pollutants (GB16297-1996)
and the Comprehensive Emission Standard for Sewage (GB8978-1996) continuously improving Jiamusi Electric Machine Company Limited always regards resource conservation as the core
environmental protection policies and institutional systems and strengthening the construction Optimal resource concept of enterprise development integrating it into all aspects and fields of production and
of environmental management systems. allocation for operation and comprehensively promoting the total management scientific allocation efficient
In 2024 approximately RMB 3 million was invested to update and renovate the paint spray efficient utilization utilization and recycling of resources.discharge outlet and install VOC online monitoring devices to network the paint spray discharge Water resource management
and the environmental protection department; on this basis the pollutant emission permit was
updated. Pollutant emissions are currently emission on standard with noise and VOC emissions Jiamusi Electric Machine Company Limited attaches great importance to water resource
meeting both national and local emission standards. management focusing on the rational allocation efficient conservation and strict protection
of water resources and strives to strengthen water demand management and water process
z System assurance control. By improving the institutional system clarifying responsibility divisions enhancing
Jiamusi Electric Machine Company Limited continuously optimizes the operational documents management capabilities and strengthening supervision the Company strictly controls the total
of the environmental management system by formulating a series of management measures water usage and comprehensively improves water efficiency.such as the Safety and Environmental Protection Target Decomposition Management Measures z Management system and leading group
Environmental Factor Identification Evaluation and Control Management Regulations Safety
and Environmental Protection Responsibility System Management Regulations and Hidden The Company has formulated the Water Conservation Work Management System and the
Environmental Event Investigation and Management Regulations standardizing environmental waste water Management Measures of Jiamusi Electric Machine Company and established
management workflows and clarifying the environmental responsibilities of various departments. a water conservation leading group with the leader and deputy leader being the Company’s
production management leaders and the members being the main responsible persons of
z Environment management system construction various departments.Jiamusi Electric Machine Company Limited has established a dedicated environmental z Strengthening water intake management
management system with the main responsible persons of each department as the first
responsible persons for environmental protection implementing the environmental protection The outdoor water supply system in the factory area of Jiamusi Electric Machine Company
responsibility system. The dedicated environmental management department carries out adopts an integrated mode for production domestic and firefighting water which is supplied
the construction and management of the environmental management system and each through secondary pressurization after being connected to the Company’s reservoir from the city
professional department conducts regular rigorous inspections to ensure that rectification water supply. The Company has obtained a water abstraction license issued by the municipal
measures are implemented as planned. water resources management department legally and compliantly extracts urban groundwater
and simultaneously utilizes the municipal water supply network.The Company has obtained certificate of environmental management system. The scope of the
Company’s environmental management system certification covers the design manufacturing z Strict water conservation management
and service of high and low voltage motors and generators shielded power supplies and electric In accordance with environmental assessment requirements Jiamusi Electric Machine Company
drive systems ensuring that the raw materials used in the production process production has implemented a series of pollution prevention measures installed and used water-saving
processes processing methods and the use and disposal of products comply with environmental devices and sewage treatment facilities and is committed to reducing water waste in production
protection standards and regulations. daily life and construction processes. Additionally the Company regularly formulates water
usage plans and targets assigns dedicated personnel to manage water usage conservation
and statistical measurement and strictly enforces water usage plans or quotas.Safety Technology and Environmental Protection Department
z Implementing water conservation actions
The Company’s main water usage is for motor testing and daily employee life. The Company
adopts a water reuse method with storage tanks establishing a 500-ton motor test storage tank
thus saving approximately 60000 tons of water annually.Indicator Unit 2024
Director Total water consumption Ton 188553
Total water intake Ton 322647
Total water emission Ton 134094
Fresh water consumption Ton 188553
Fire protection Safety (environmental
Director assistant management protection) management
Certificate of Environmental Management Environmental Management System Architecture
System
056 057Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Lushgreenerybuildinganecologicaljourneytogether
Pollution control Jiamusi Electric Machine Company deeply practices Xi Jinping’s ecological civilization thought focusing on effectively preventing pollutants and environmental health risks adhering to the Indicator Unit 2024
standards principles of precise scientific and legal pollution control and coordinating the environmental
protecting risk management of pollutants and waste. The Company continuously strengthens institutional Total solid waste disposal volume t 11620.13construction and technological support improves the pollution and waste management system
the ecological effectively prevents solid waste pollution and ensures public health and ecological safety. General industrial solid waste disposal volume t 11367.87
environment In 2024 the Company formulated the Solid Waste Management Measures of Jiamusi Electric
Machine Company Limited in accordance with laws and regulations such as the Environmental Amount of harmful waste disposal t 456.45
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 Management Measures
for the List of Key Units under Environmental Supervision and the Management Measures for Waste water management and emission
the Transfer of harmful Waste. During the reporting period the Company’s compliance rate for
pollutant emissions such as sewage and noise was 100% the compliance rate for harmful waste The Company adopts a model of coordinated promotion of source prevention and end
disposal was 100% and the coverage rate for waste classification management was 100%. treatment to ensure that all waste water is discharged up to standard after being treated by the
sewage treatment system. The domestic sewage generated daily by the Company is uniformly
Prevention and control of air pollution transported to the internal sewage treatment station for centralized treatment and the treated
The Company aims to improve air quality insists on source control optimizes the energy waste water that meets the standards is connected to the municipal pipe network.structure and implements coordinated control measures for air pollutants and greenhouse
gases such as particulate matter sulfur dioxide nitrogen oxides volatile organic compounds and
ammonia. Indicator Unit 2024
In terms of air pollutant prevention the Company has installed a roller shutter painting device
to treat pollutants such as toluene xylene and total non-methane hydrocarbons generated Wastewater discharge volume t 137933
during the painting process. The operation and maintenance of this pollution prevention facility
are managed by a third-party professional company. In 2024 the relevant pollution prevention
facilities operated normally with no instances of abnormal operation or abnormal emissions.The exhaust gas generated in the painting room of the Power Equipment Company is treated
through a dual adsorption device of filter cotton and activated carbon achieving compliant
emissions.Prevention and control of solid waste pollution
Jiamusi Electric Machine Company is committed to the prevention and control of solid waste
pollution. By reducing the generation and hazards of solid waste the Company aims to achieve
full and reasonable utilization and harmless disposal of solid waste. The Company disposes
of general industrial solid waste in accordance with laws and regulations and places great
emphasis on the management of harmful waste promoting the recycling of waste resources
and supporting the development of clean production and a circular economy. The main harmful
waste generated by the Company includes waste batteries waste filter cotton waste activated
carbon waste paint buckets waste paint residue waste engine oil waste sludge and waste oil
sludge.General industrial solid waste
The Company’s method of utilizing and disposing of general industrial solid waste involves
entrusting external units for disposal. The storage sites for general waste have been
renovated with on-site signage improved and recyclable solid waste as well as non-
recyclable solid waste such as domestic waste and construction waste are collected
separately. For domestic waste it is collected at designated points and promptly
transported by sanitation services. For general industrial solid waste it is classified collected
temporarily stored properly and then handed over to professional treatment organizations
for recycling and processing. The main general industrial solid waste generated by the
Company includes biomass furnace slag iron dust and groove chips.Harmful waste
Precise source classification. Comprehensively identify the generation links of harmful
waste entrust qualified organizations with professional qualifications for waste attribute
identification standardize harmful waste labeling and establish a harmful waste inventory
and ledger. Strictly control storage risks. Carry out the construction and O&M of temporary
storage facilities for harmful waste in accordance with laws and regulations standardize
classification and zoned storage and strictly prohibit open-air stacking. The amount of
harmful waste disposal in 2024 reached 213.27 tons.
058 059Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Refinedproductsleadingtheindustrywave
06
Refined products
leading the industry wave
Jiamusi Electric Mach ine Company will build lean products and services as the core
driving force for enterprise development. The Company continuously improves product
quality actively carries out three categories three levels and multiple grades works hand
in hand with industry partners provides customers with better product experiences and
services and promotes the high-quality development of the enterprise.· Quality improvement forging excellent quality ·
· Digital transformation to enable smart manufacturing ·
· Industry leadership working together with partners ·
· Customer priority ensuring rights and interests ·
060 061Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Refinedproductsleadingtheindustrywave
Quality Jiamusi Electric Machine Company unswervingly promotes quality improvement adopts comprehensive quality control measures and makes the creation of products with excellent
improvement quality the foundation for the sustainable development of the enterprise.forging excellent Product quality management
quality Jiamusi Electric Machine Company earnestly studies and comprehends the 2024 Annual
Quality Control Work Plan of Harbin Electric Corporation follows laws and regulations such
as the Product Quality Law of the People’s Republic of China the Nuclear Safety Law of the
People’s Republic of China and the Regulations on the Supervision and Management of Civil
Nuclear Safety Equipment and formulates and releases Jiamusi Electric Machine Company’s
2024 Annual Quality Control Work Plan Quality Control Standards of Jiamusi Electric Machine
Company Limited Product and Service Requirements Control Procedures Procurement and
Outsourcing Control Procedures Quality Reward and Punishment Management Measures and
other institutional documents clarifies annual quality goals key quality work and measures
supervision and evaluation requirements etc. and actively improves product quality levels.The Company improves the quality control system with the policy of “Jiamusi Electric MachineCompany’s brand high quality and integrity customer satisfaction and international leadership”.Quality management personnel supervise quality control continuously discover and improve
deficiencies in the quality control system regularly conduct internal audits and management
reviews continuously discover and improve deficiencies in the quality control system and ensure
the effectiveness and continuous improvement of the system by strengthening quality control.z Three-level secretaries focus on quality
In 2024 in accordance with GB/T 19001 Quality Control System Requirements with a focus oncustomers using a process approach combined with the PDCA cycle and risk-based thinking a Jiamusi Electric Machine Company has carried out the work of “three-level secretaries focus onquality assurance system was established. The quality assurance system consists of four levels quality” for three consecutive years. The Company’s Party Committee leads and authorizes the
of documents: the Quality Manual procedure documents technical documents management establishment of the office of “three-level secretaries focus on quality”. Based on high-standard
systems and records covering the entire product realization process including sales product and user requirements high-level competitors and high-quality development requirements the goal
process design and development procurement production and after-sales service. Through the is to address user issues and needs establish task lists efficiently complete these tasks through
construction of “system + technology + standards” a standardized process quality assurance Party leadership active participation of secretaries at all levels and support from employees at
system covering the entire process of product realization such as motors and electric pumps the basic level and ultimately achieve user satisfaction. Normalization of “two grasps” (this data
was established to ensure product quality control. needs to be verified by the Quality Control Department)
z Normalization of “two grasps”
Quality objectives of the Company Jiamusi Electric Machine Company continues to promote the normalization of “two grasps”.In 2024 the Company fully promoted the achievements of the “two grasps” work continued
● Product manufacturing strives for success on the first attempt 100% meeting contract to apply the quality “V” platform and quality driver’s license further implemented product
requirements; traceability and process standardization and continuously cultivated employees’ awareness of
High-quality service customer satisfaction rate ≥90% increasing year by year; norms. In 2024 a total of 450 issues were reported on the “V” platform with 221 adopted and a ●
reward of RMB 21250 issued.● The main manufacturing processes and product quality of military equipment have
reached the leading domestic level; the quality of major civilian products has reached z Quality improvement efforts continue to be carried out.the international leading level and the main manufacturing processes have reached the The Action Plan for Quality “Integrity Transparency and Compliance” was formulated to
advanced domestic level; continuously implement the Corporation’s ten regulations on strengthening quality control. High-
● Continuously improve efficiency of the quality management system. level and mid-level leaders completed quality commitment signings. Internal and external audits
management reviews special inspections of quality control systems and management standard
● Zero major quality accidents zero major quality control issues zero significant quality training were conducted. Execution checks of the quality manual and procedure documents
accidents and zero significant quality control issues; were completed and the Quality Control System Document Revision Plan was formulated with
● Planned target for quality loss rate ≤ 0.30% all revisions currently completed. The Quality Reward and Punishment Management Measures
were implemented incorporating product quality and work quality into the application of quality
performance awards. Stricter assessments were used to reinforce quality responsibility. A total
of 6 violations of the four red lines were recorded with relevant responsible units formulating
In 2024 the Company had no major quality accidents or major quality control issues and no corrective measures. The Quality Inspection Department has conducted effectiveness
significant quality accidents or significant quality control issues. evaluations and the corrective measures formulated by relevant organizations are effective.z Quality risk management
The Company’s risk control is integrated into all activities of the quality control system’s planning
implementation and improvement. Quality risks are addressed through risk identification
analysis evaluation and the implementation of measures. As an important part of the quality
control system our quality risk management covers the Company’s R&D and production bases
and spans the entire lifecycle of products and services. Based on scientific knowledge and
process experience the Company has established a comprehensive quality risk management
system to assess communicate control and review product quality and safety risks ensuring
product and service quality.z Quality talent team development
Large workshop Party branch secretary director is Motor stator apparent mass is being checked The Company continues to strengthen the development of its quality talent team. In 2024
checking the motor performance quality Jiamusi Electric Machine Company increased investment in the training of non-destructive
062 063Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Refinedproductsleadingtheindustrywave
testing personnel with 2 individuals obtaining Level III qualifications in nuclear non-destructive the Company’s products have passed the sampling inspection.testing providing human resources support for product quality improvement.In 2024 Jiamusi Electric Machine Company had no major safety or quality liability accidents.Under the assurance of multiple product quality control efforts the Company successfully
obtained GB/T 19001-2016 quality control system certification and ensured its effective operation.In 2024 the Company continued to effectively carry out activities such as internal audits/
inspections management reviews and the revision and improvement of quality assurance
documents. According to the plan 8 theoretical training sessions and 11 special inspection test
video training sessions were conducted with all employees scoring above 80 points in the exams.In 2024 Jiamusi Electric Machine Company launched a company-wide quality awareness
improvement activity fostering an atmosphere where everyone is involved in quality. Establish
internal and external communication mechanisms continuously carry out “Public Open Day”
activities assist government departments in quality supervision cooperate with media to
promote quality knowledge jointly promote the purification of the market environment and build
a corporate characteristic quality culture.Improvement of product inspection mechanism
The Company follows the Three-Phase Synchronous Motor Test Method the Three-Phase
Asynchronous Motor Test Method the Rotating Electrical Machines - Rating and Performance the
Motor Energy Efficiency Limits and Energy Efficiency Grades and the High-Voltage Three-Phase YE3 CE Certificate YE4 CE Certificate YE5 CE Certificate
Squirrel-Cage Asynchronous Motor Energy Efficiency Limits and Energy Efficiency Grades and
has formulated the Product Monitoring and Measurement Control Procedure applicable to the
Company’s procurement outsourced products process products and final product inspection
and control monitoring and measuring the inspection and control process of products in the
quality system operation.The Company has established a Quality Inspection Department as a dedicated quality
inspection unit which includes a motor test station an electric pump test station a quality
inspection room a metal inspection room a metrology room etc. A complete system for
material inspection mechanical inspection and electrical testing has been established. At the
same time measurement instruments and test equipment are calibrated to ensure the reliability
of measurements and the quality of products.z Full process product inspection
Inspection work starts from the entry of raw materials ensuring source management for product
quality improvement. The Company inspects outsourcing parts and purchased parts through
incoming inspection on-site inspection and flying inspection methods. During the production
stage the Company conducts process inspections on parts processing assembly and painting. YPT3 CE Certificate YXKK CE CertificateDuring the inspection process a three-inspection system is implemented namely “self-inspection” “mutual inspection” and “specialized inspection” and sampling inspection or full
inspection is conducted based on the importance of the materials. Standardization of product certification
Jiamusi Electric Machine Company formulates the Product Certification Management Measures
At the same time special inspections are carried out based on external issues. Taking external to standardize the management of explosion-proof certificates CCC certification and the
three-guarantee quality issues as the starting point the Quality Inspection Department has certification procedures and usage requirements of mining explosion-proof motors. The
compiled a list of 69 typical quality issues feedback from key customers such as EBARA Ping’an measures detail the design development procurement manufacturing inspection and delivery
Electric Shandong Himile and Nanfang Pump and has formulated closed-loop management processes of certified products aiming to establish a stable product management system and
measures assigning specific personnel to implement closed-loop management. Continuously ensure product quality.update key user issues and focus on control during production and inspection.In 2024 Jiamusi Electric Machine Company obtained certificates for the large rubber project
In addition the Company has established a dense “inspection network” for special control. In 2024 Huisheng project and Harbin air conditioning project by time note. For special progress
the Company adopted flexible inspection methods sorted out common quality issues increased requirements the Company negotiated with certification agencies to open a green channel for
the sampling inspection volume for manufacturers with frequent quality problems and conducted expedited processing ensuring the timely delivery of products. Obtained 19 Russian certification
unannounced inspections to deeply control the quality of the supplier process. Additionally the certificates and processed 70 technical passports ensuring the timely delivery of motors. From
Company strengthened in-process control to ensure the qualification of stored motors. January to December 350 safety certificates were obtained. From January to December a total
z Continuous improvement in test capabilities of 1593 explosion-proof certification tasks were proposed and 2355 explosion-proof certification
tasks were completed. 39 applications for nameplates for explosion-proof certificates were
Jiamusi Electric Machine Company continuously innovates project management and implements processed and 81 certificate details were released.project responsibility system. In 2024 the installation and prototype commissioning of the main
helium fan test bench project were completed and the project acceptance was completed
enabling product test capabilities; the installation and commissioning of the shielded electric
pump test bench were completed and it was accepted and put into use; the 2 MW high-voltage
high-efficiency motor test station was built and put into use; the installation and commissioning No major quality accidents or management issues
of the nuclear power test bench were completed and it is currently in trial operation. No major quality issues resulting in the motor being returned to the factory for repair
In 2024 Jiamusi Electric Machine Company obtained CE certificates for YE3 YE4 YE5 YPT3 No negative incidents such as product and service regulatory penalties and media
and YXKK motors meeting the requirements for sales orders. All products of the Company exposure
undergo internal factory tests and are qualified before leaving the factory. External monitoring is
conducted by the Administration for Market Regulation of Heilongjiang Province by the plan and
064 065Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Refinedproductsleadingtheindustrywave
Digital The Company actively joins the digital and intelligent transformation develops an intelligent manufacturing layout uses science and technology to lead production adjustment and
transformation optimization and is committed to improving operating efficiency and providing customers with
to enable smart better products and services. Case: Intelligent workshop of Jiamusi Electric Machine Company promotes production
manufacturing Intelligent manufacturing layout capacity improvement
The Company establishes a flexible manufacturing system with the idea of transforming the
parts first and then the whole makes full use of new-generation information technology means In 2024 the digital assembly workshop for high-voltage motor built by the Company was successfully put into
such as 5G and AI to deeply integrate them with the equipment and facilities and creates a production and achieved results realizing equipment automation intelligent logistics and system integration.digital (intelligent) production and manufacturing enterprise. The Company is gradually building It was the first digital assembly workshop for high-voltage motor in China further highlighting that Jiamusi
smart factories and digital workshops to realize product digitization and intelligentization Electric Machine Company’s production digitalization was at the leading level in the industry. Recognized by
of key processes and creates a digital layout including internal smart manufacturing and the Department of Industry and Information Technology of Heilongjiang Province as a 2024 Heilongjiang Digital
collaborative manufacturing platforms. (Intelligent) Demonstration Workshop. Achieved a 35% increase in production efficiency a 56% increase in
Digitalization and information transformation production capacity for high-voltage motor assembly and a 22% reduction in personnel for the same output. This marks a new step in the transformation of high-voltage motors from traditional assembly modes to digital and
In 2024 Jiamusi Electric Machine Company continued to promote information construction intelligent assembly modes demonstrating the new achievements of Jiamusi Electric Machine Company in firmly
around the “Digital and Intelligent Transformation 1569” strategic outline and realized the grasping the important path of digital empowerment and development of new quality productive forces.transformation and upgrading from traditional manufacturing to digital manufacturing. The
current information system covered sales design technology production quality procurement
warehousing finance service and other business levels; the financial software system was fully
upgraded the original UF U8 system was replaced by the SAP system consistent with Jiamusi
Electric Machine Company laying the foundation for the subsequent realization of integrated
process management; in terms of R&D and design it strengthened three-dimensional design
and various twin simulations realized structured and digitized notification processes made
top-level design for intelligent manufacturing and digital workshop execution and effectively
played the practical role of top-level design in guiding production; in terms of production and
manufacturing the MOM intelligent manufacturing operation management platform was
launched realizing the full cycle management from contract review planning and scheduling
dispatching reporting to quality traceability. In terms of customer supply relationships the
efficiency in bidding and procurement rapid market response contract management etc. is
improved through the application of SCM CRM SRM and other systems. In terms of digital office
the deployment of cloud desktops is completed and put into use and the operating speed is
increased by at least twice while reducing O&M costs and energy consumption; automated
cost rolling and approval of procurement vouchers are achieved using Yingdao RPA with virtual
robots replacing manual operations and reducing human errors. In terms of digital equipment
the Guanglian MES system is used to coordinate the management of high-voltage and low-
voltage digital production lines; through the EAM equipment networking system on-line
operation monitoring and fault diagnosis of equipment are realized. Industry The Company actively participates in the formulation of industry standards and promotes the effective implementation of standardization strategies. At the same time the Company actively
Building an intelligent factory leadership engages in industry exchange activities and extensively conducts industry-university-research
In 2024 the digital assembly workshop for high-voltage motor built by the Company was working together cooperation contributing its own strength to the continuous development and progress of the
successfully put into production and achieved results realizing equipment automation industry and helping the company and the industry achieve new breakthroughs together.intelligent logistics and system integration. It was the first digital assembly workshop for high- with partners
voltage motor in China and was recognized as the 2024 Heilongjiang Digital (Intelligent) Participation in development of industry standards
Demonstration Workshop. Through the application of intelligent science and technology the Jiamusi Electric Machine Company actively participates in the compilation and revision of
factory has achieved highly digitalized R&D and design highly intelligent production processes industry standards provides technical support and leads the industry in further implementing
and efficient business management and services creating huge economic and social benefits. standardization strategies.The structured notices were implemented in May 2024. Currently more than 18000 structured 1. I n 2024 the Company presided over and participated in 5 national standards 2 industry
notices have been compiled and issued in the system in a structured manner. Complete standards and 23 group standards.system integration with MOM and SRM achieve data exchange of data related to order from 2. I n 2024 the Company released 9 national standards and 9 group standards.sales design process procurement and production manufacturing provide top-level design for
intelligent manufacturing and digital workshop execution and effectively play a practical role in 3. H onors:
guiding production.● The Company was among the first to obtain the star benchmark enterprise certificate forThe results of digital construction are gradually emerging. For example the “Motor Base carbon peaking and carbon neutrality management information disclosure from the YangtzeProcessing Quality Improvement” won the silver medal in the Third National Machinery River Delta Green Certification Alliance Enterprise;Industry Product Quality Innovation Competition; the “Construction and Management of Digital●Workshops for Motor Base Enterprises” won the Second Prize in the 31st National Enterprise T/CEEIA617-619-2022 Technical Specifications for YQE3 Series (IP55) Three-phase Asynchronous
Management Modernization Innovation Achievements. Motor (Frame Size 80-450) Technical Specifications for YQE4 Series (IP55) Three-phase
Asynchronous Motor (Frame Size 80-450) and Technical Specifications for YQE5 Series (IP55)Three-phase Asynchronous Motor (Frame Size 132-450) won the First Prize of the “ElectricalStandards - Chint Innovation Award”;
● The enterprise standard (Technical Specifications for TYCX Series High-Efficiency Permanent
Magnet Three-Phase Synchronous Motor (Frame Size 80-400)) won the Third Prize of the China
Electrical Industry Standard Innovation Award;
● Received the Organization Promotion Award of China Electric Power Construction Association;
066 067Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Refinedproductsleadingtheindustrywave
● YBX3 280S-2 and YBX3 180M-2 two specifications won the Carbon Footprint Certificate; Q/ Jiamusi Electric Machine Company always prioritizes customer interests is committed to
OEE.198-2021 Technical Specifications for Explosion-proof and Intrinsic Safety Permanent Customer priority improving the customer service guarantee system continuously optimizes service quality
Magnet Variable-frequency Speed Control Integrated Machine used in TYJVFT Series Mine ensuring rights and strengthens customer communication mechanisms focuses on customer relationship
Q/0EE.260-2021 Technical Specifications for Explosion-proof Three-phase Asynchronous Motors management and makes every effort to safeguard the legitimate rights and interests of
used in YBRB Series Pumping Stations Q/OEE.133-2022 Technical Specifications for TYPKK Series interests customers.High-efficiency High-voltage Variable-frequency Speed Control Permanent Magnet Three-
phase Synchronous Motor (Frame Size 630-1000) and Q/OEE.274-2022 Technical Specifications Customer service managementfor Explosion-proof and Intrinsic Safety Low-voltage Variable-frequency Speed Control Jiamusi Electric Machine Company closely follows the service tenet of “customer centeredIntegrated Machine used in YJVFT Series Mine won the national-level enterprise standard creating value for customers” and continuously promotes the optimization of customer service
“forerunner”. management systems. The Company clarifies the business responsibilities of all departments
organizes the service management system and analyzes the business processes functions
related requirements and assessment standards in the system item by item to improve serviceresponse speed. At the same time it revises the “Management Measures for Major ExternalQuality Issues and User Complaints” formulates customer service and complaint management
measures clarifies the standards processes and assessment requirements for service work and
incorporates them into the performance evaluation system.Sales service guarantee
Jiamusi Electric Machine Company ensures the legitimate rights and interests of customers with
a sound management system and solid service measures in both pre-sales and after-sales
stages.z Pre-sale technical support
In the pre-sales stage Jiamusi Electric Machine provides customers with comprehensive
technical support. The Company assigns assistant technicians to be responsible for special
marking and priority processing of technical applications for key projects and adjusts work
content by customer needs and actual situations at any time. Provide technical support to
customers by providing technical materials coordinating technical exchanges organizing video
conferences etc. to achieve a comprehensive understanding of the whole process of service
transmission tracking and feedback.z After-sales service
Enterprise Carbon Peaking and Carbon Neutrality Management Information Disclosure Certificate Product Carbon Footprint Certificate (2024) To fully guarantee after-sales service quality Jiamusi Electric Machine adheres to the principle
of “solve the problem first then determine responsibility” continuously improves the After-sales
Service Management System and standardizes issues such as returns remote maintenance
Active engagement in industry collaboration and loss write-offs caused by quality problems ensuring customer rights and interests.Jiamusi Electric Machine Company adheres to the principles of resource sharing complementary
advantages and mutual benefit actively carries out extensive school-enterprise cooperation
and establishes a project development team integrating industry-university-research Jiamusi Electric Machine Company continues to improve the “After-sales Service Management System”
cooperation. Multi-dimensional clarifies the business functions of all departments organizes the after-sales service management system
after-sales service system analyzes the business processes functions related requirements and assessments in the system item by
As a leading enterprise in the industry Jiamusi Electric Machine Company actively participates in item and enhances response speed.important industry exhibitions shares corporate achievements and conveys its voice.Customized service The existing service management software is integrated with the CRM service management systemmanagement software for to establish an intelligent service network system and implement statistical analysis and track the 1 In collaboration with Harbin Institute of Technology the “Research on the Strength and Materials of the High-speed Rotor Retaining Ring of processing time of service work orders in terms of timely delivery rate one-time completion rate serviceYFZYKS560-2 1800kW Motor” was completed. Based on this the R&D of hydraulic turbine generator with a high-runaway speed was achieved customers satisfaction rate maintenance timeliness rate etc. thereby improving service efficiency.which filled our gap in this field and reached a leading domestic technical level. The prototype utilized new materials structures processes
and methods and achieved excellent results in testing with all indicators meeting technical requirements. This success lays a solid foundation
for future product orders in this field.Provide on-site after-sales service for customers and establish a quality improvement team. The team
On-site after-sales service members are dispatched to assist with service work. In 2024 the quality improvement team collaborated
2 In collaboration with Beijing Jiaotong University the “Research on the Temperature Field and Cooling System of YBX4 Typical High-voltage to complete over 20 on-site after-sales services gaining customer recognition.Explosion-proof Mixed Flow Ventilation Structure” was completed. Through temperature field and airflow coupling analysis the internal
airflow heat dissipation effect of IC411 cooling motors was improved which reduced motor temperature rise increased motor thermal load
decreased raw material usage and controlled motor costs. Collaboration with universities and enterprises resolved design bottlenecks which
provided valuable design solutions for the development of the YBX4 series (H355-H560) high-voltage explosion-proof mixed ventilation Organize service teams The service teams are responsible for business coordination with users quickly respond to and resolve
motors. to be stationed at project issues and deploy service personnel based on site needs to fully eliminate the negative impact of product
sites issues on customers.
3 In collaboration with Harbin University of Science and Technology the research on “Calculation of Pressure Field on the Fan Side and Analysis Organize expert serviceof Sealing Performance of Sliding Bearing Structures of High-voltage Asynchronous Motors” was completed. The research focused on the
HYKS1000-4 10250kW high-voltage asynchronous motors analyzed the pressure distribution on the fan side and the leakage of lubricating oil personnel to establish a Expert servers assist in resolving complex issues during on-site project services and develop problem-
in the sliding bearing through pressure and fluid field calculations and verified the effectiveness of the improved sealing structure through difficult problem handling solving solutions.simulation. It is proved that the improved sealing structure (three-layer sealing structure) can effectively restrain the lubricating oil leakage of group
the sliding bearing.
068 069Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Refinedproductsleadingtheindustrywave
Dispatch after-sales service personnel to be stationed long-term at service sites to handle after-sales
issues in time. At the same time service personnel will serve the same Owner long-term to understand
the customer’s company culture management model etc. deepen cooperation with users and improve Case: Quality issue handling gains recognition
service quality.Organize thematic meetings to conduct in-depth discussions on the main issues concerned users and The issue in “three guarantees” of shaft movement of motors purchased by Shenyang Blower Works Group
external typical quality issues. Relevant departments shall analyze the causes of issues and formulate Petrochemical Pumps Co. Ltd. was resolved by adjusting the magnetic center and adding a positive pressure Explore and promote
practical rectification measures accordingly. plate which gained user recognition.the “all-round” after-sales
service Systematically organize external feedback on after-sales service issues and screen out user groups with
concentrated problems large batches and high complexity. Organize joint service visits by the Design
Department and Quality Assurance Department of the Company. Led by the Domestic Trade Department
the Company conducts on-site visits to property owners such as Inner Mongolia Monte Inner Mongolia
Junzheng Inner Mongolia Guangju Inner Mongolia Lingsheng Xinjiang Xinte Anhui Shengquan etc. carries
out special investigations on issues of oil leakage and vibration that are of common concern to users and
produces research reports.Case: After-sales of motor product issues
Oil leakage occurred at the shaft penetration of the tail bearing of motors purchased by Xinjiang Xinte Silicon
Based New Materials Co. Ltd. After analysis and communication with the user the oil leakage issue was resolved
and an oil level adjustment instruction letter was provided for the user's reference.Oil Leakage at the Shaft Penetration Of the Tail Bearing YJKK500-2 1600kW Equipment
z Customer health and safety assurance
To ensure the health and safety of customers during product use Jiamusi Electric Machine
Case: Technical research meets customer Company lists safety usage requirements and related precautions in the user manual
expectations accompanying the product. At the same time safety lifting signs are prominently marked on
the packaging boxes to ensure the quality and safety of the products during transportation and
storage and deliver intact products to customers.Users at Hongyanhe Nuclear Power Plant report that the
operating temperature of the SRI medium-voltage motor
windings is high and hope to optimize and improve such
motors to reduce the temperature. Through detailed research
and optimization testing of the first motor we reduced the
average temperature rise by approximately 20K which met
the user expectations.SRI Medium-Voltage Motor at Hongyanhe
Nuclear Power Plant
Accompanying Documents Used for Product Safety
070 071Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Refinedproductsleadingtheindustrywave
Customer communication management 2024 the Company had no events involving the leakage of customer information infringement
of customer privacy or loss of customer data and no customer complaints. Additionally the
Jiamusi Electric Machine Company adheres to the “customer-centric” management philosophy Company prohibited false advertising fraudulent prize-giving sales and other behaviors to
requiring all employees to respond quickly to customer needs solve problems in time and effectively protect customer rights.provide feedback. The Company establishes an efficient customer communication platform and
widely collects customer opinions and suggestions by 400 after-sales service hot line telephone In 2024 the Company conducted a comprehensive upgrade of its cybersecurity architecture
follow-ups satisfaction surveys on-site exchanges etc. in response to identified risks and the inadequacies in the existing cybersecurity framework. In
terms of network exit management the Company deploys next-generation firewalls which are
z Customer satisfaction survey used in conjunction with anti-virus walls; in business applications WAF (Web Application Firewall)
The Company focuses on maintaining customer satisfaction and therefore has formulated is deployed; in network regulation comprehensive behavior management is implemented
the Customer Satisfaction Measurement Control Procedure for measuring analyzing and achieving effective protection of key business areas full-process management of external
improving customer satisfaction and specifies the survey items methods and frequency networks traffic audit and control and significantly enhancing the cybersecurity protection
of customer satisfaction surveys providing guidance for continuous improvement. In 2024 capabilities and management measures. Based on the actual cybersecurity situation the
the Sales Company conducted 5 major categories of customer satisfaction surveys namely Company upgrades the Information Security Management Measures and Information
product performance product quality service delivery and price divided into 12 specific items Management Measures which cover daily management emergency response and personnel
including overall performance efficiency vibration condition noise indicators temperature rise awareness to enhance the closed-loop management of cybersecurity.product appearance product packaging pre-sales service attitude and quality in-sales service
In 2024 The Company implements strict access controls to ensure that only authorized
attitude and quality after-sales service attitude and quality contract delivery and product price
employees can access customer information; all sensitive information is encrypted to ensure
systematically reflecting customer satisfaction with products and services.data security during transmission and storage.Jiamusi Electric pursues “zero complaints” from users with a comprehensive customer
satisfaction rate of ≥93.3%. The annual customer satisfaction rate for civilian products was 93.32%
with 93.9% for JG products and 93.52% for nuclear power products. The Corporation’s customer Indicator 2024
satisfaction evaluation for Jiamusi Electric was 93.76% rated as excellent. Number and proportion of customers in customer satisfaction surveys 670
z Customer complaint handling Total number of verified customer complaints in 2023. 97.13%
The Company emphasizes customer product experience formulates customer service and
complaint management measures clarifies service standards processes assessment and other
requirements providing guarantees for further standardizing and improving service quality. The During the reporting period the Company did not experience any major data security incidents
Company sets up a 400 service hot line with the call center operating 7*24 h to receive user did not receive any complaints regarding violations of customer privacy or loss of customer data
feedback information and relay it to the responsible department in time for quick response. and did not have any significant data security breaches or customer privacy violations.z Customer privacy protection and responsible marketing
In accordance with the Data Security Law of the People’s Republic of China Personal Information
Protection Law of the People’s Republic of China Cybersecurity Law of the People’s Republic of
China and Regulations on the Security Protection of Critical Information Infrastructure Jiamusi
Electric Machine Company formulates the Information Security Management Measures. In
Jiamusi Electric smart device data center can intelligent identification of user field equipment status effective health assessment to ensure the healthy
operation of equipment Foreign users visit
072 073Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Warmingsocietyshapingaharmoniousfuture
07
Warming society
shaping a harmonious
future
Jiamusi Electric Machine Company is committed to building a virtuous cycle mechanism
that supports employees society and supply chain effectively promoting the sustainable
development and steady growth of the Company.· Respecting employees safeguarding rights ·
· Health protection building safety defenses ·
· Growth empowerment supporting employee development ·
· Green chain collaboration fulfilling supply responsibilities ·
· Community co-construction supporting social development ·
074 075Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Warmingsocietyshapingaharmoniousfuture
Respecting In strict accordance with the Labor Law of the People’s Republic of China and Labor Contract z Employee equality and diversityLaw of the People’s Republic of China Jiamusi Electric Machine Company establishes a sound
employees Jiamusi Electric Machine Company upholds the philosophy of fair employment strictly follows the human resources management system and policies to effectively protect the legitimate rights principle of gender equality in talent recruitment salary determination salary adjustments post
safeguarding and interests of employees. The Company continues to optimize and improve talent recruitment promotions job grade assessments and welfare resolutely eliminates gender discrimination remuneration and welfare equality and diversity democratic management etc. effectively
rights and ensures equal pay for equal work for both male and female employees. Additionally it does enhances the efficiency of human resources management and stimulates employees’ not discriminate or treat employees unfairly based on factors such as age gender disability
innovative vitality and creativity providing solid human resources support for the high-quality
ethnicity marital status nationality political status race religion sexual orientation or labor
development.union membership always adheres to fair open and just recruitment standards and treats all
Equal employment candidates equally and selects the best candidates.As of the end of 2024 In 2024 Jiamusi Electric Machine Company strictly adhered to laws and regulations such as Recruitment
the Labor Law of the People’s Republic of China Labor Contract Law of the People’s Republic
In accordance with internal company regulations such as the Recruitment Management
Totalnumberofemployees of China Law of the People’s Republic of China on the Protection of the Minors and Provisions Measures and Talent Introduction Management Regulations Jiamusi Electric Machine Company
on Prohibiting the Use of Child Labor and formulated internal company rules and regulations
firmly implements the central government’s “six stabilities and six guarantees” policy solidly
1940 such as the Labor Contract Management Measures to actively create a fair and just workplace carries out the “stabilizing employment” work and formulates annual labor demand plans based Person environment. It advocates for diversity and equal opportunities strictly prohibits any form of on the Company’s current situation to conduct high-quality employee recruitment.
discrimination resolutely opposes forced labor harassment and abuse prohibits the use of child
labor and treats employees from different backgrounds equally. Particular attention is given The Company adopts three channels for talent recruitment: campus recruitment social
Employee labor to the rights and interests of female employees by organizing health examinations including recruitment and internal recruitment and extensively “recruits talents” through various forms
contract signing rate gynecological and breast examinations conducting regular health knowledge lectures providing such as participating in campus mutual selection recruitment fairs holding virtual presentations
health allowances and offering thoughtful care to female employees. holding special job fairs and posting recruitment announcements online. At the same time it
100 formulates the Management Regulations for Employee Recruitment Competition of Jiamusi In 2024 the Company had no complaints regarding human rights issues no major labor % Electric Machine Company establishes and improves the internal recruitment system disputes and no child labor. Employee labor contract signing rate: 100%.
encourages employees to compete for positions internally and stimulates internal vitality.It provides basic human resource support for the production and operation as well as job
Indicator Unit 2024 opportunities for more members of the public.Total number of employees Person 1940 2024
Including Employees from minority Person 114 A total of 85 graduates from 21 universities were signed for campus recruitment achieving 120% of the recruitment target of 70 people
groups and a key rate of 74.12%. The key rate assessment target of 70% for the Corporation was achieved including 7 graduates with AB class 62
undergraduate graduates (4 outstanding graduates) 22 graduates with master’s degree and 1 graduate with doctoral degree.Employees from disabled Person 6
group
12 students from 985 211 and double first-class universities signed contracts with an increase of 71.4% compared to last year achieving a
By gender structure Male Person 1650 breakthrough of zero doctoral contract signings.Female Person 290
Through the “talent introduction” Advanced Motor (1 person) and Suzhou Jiadian (2 people) recruit 3 technical talents. The Advanced Motor
By age structure Aged 30 and below Person 385 flexibly introduces 1 professor/doctoral supervisor from the School of Materials Science and Technology Harbin Institute of Technology to
further enhance the Company’s scientific research capabilities.Aged 30-50 Person 1235
Aged above 50 Person 320 When the Company discovers violations of recruitment management measures talent
introduction regulations or employee recruitment competition regulations it takes systematic
By professional Production personnel Person 673 steps to eliminate the impact and correct the issues. After confirming the violation it promptly
composition assesses the impact and risks formulates corrective measures immediately terminates the
Sales personnel Person 229 violation and handles the relevant personnel according to the severity of the situation.Technician Person 642
Financial personnel Person 48
Administrative personnel Person 348
By educational status Doctoral student Person 2
Postgraduate student Person 164
Undergraduate Person 933
Junior college Person 299
Senior high school and Person 542
below Recruitment Management Talent Introduction Regulations Employee Recruitment
Measures Competition Regulations of
Jiamusi Electric Machine Company
076 077Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Warmingsocietyshapingaharmoniousfuture
Employee remuneration and welfare
Jiamusi Electric Machine Company continues to improve its remuneration and welfare system
and introduces the Excess Profit Sharing Plan of Harbin Electric Corporation Jiamusi Electric
Machine Company Limited (2023-2025) Management Measures for the Filing System of
Total Wages of Harbin Electric Corporation Jiamusi Electric Machine Company Limited Wage
Management Measures and Regulations on Rank and Salary Management to continuously
enhance the Company’s remuneration and welfare system ensure that employees receive
reasonable rewards for their efforts enhance their sense of belonging and satisfaction and
provide competitive remuneration and comprehensive welfare for employees.z Employee remuneration
The Company continues to advance the reform of the remuneration system establishes
a comprehensive performance evaluation system and scientifically assesses employee
performance.
2024
Jiamusi Electric Machine Company formulates the Management Measures for the Employee Career Development Channel of Jiamusi Electric
Machine Company and establishes a “three categories three layers and multiple grades” career development system for employees
consisting of “three categories”: technology management and skills “three layers”: industry leaders professional leaders and professional
backbone reserves and “multiple grades”: technology at Grade 12 management at Grade 11 and skills at Grade 10;
Letter of Mutual Aid Insurance for Employees Explanation of Mutual Aid and Security Activities
for EmployeesImplement flat salary management adhere to the principle of “post-based salary level-based salary salary adjustment upon post changepost change upon level change” formulate the Regulations on Salary Management of Jiamusi Electric Machine Company reasonably widen
the salary distribution gap and establish a broadband salary system with 12 job levels and 114 file levels;
In 2024 the number of insured people in the company will be 1940 and 100% of employees will
be insured. 28 employees received a total of 30525 yuan of mutual protection compensationFormulate the Management Measures for Employee Performance Evaluation of Jiamusi Electric Machine Company adopt the method of “one effectively improving the level of medical security for sick employees and the ability to resiststandard for one group one evaluation form for one post” conduct differentiated performance evaluations by category and group and form disease and risk.a performance evaluation system that rewards the excellent and punishes the inferior.Employee caring
Jiamusi Electric Machine Company formulates the Implementation Measures for Assistance
Implement and sign annual business performance responsibility agreements among middle-level deputy positions. The Economic Operation and Management of Poverty Workers cares for employees by diversified measures and
Department calculates the business performance responsibility letters for middle-level managers every quarter and links it to their actively helps them balance work and life. The Company focuses on practical issues faced by
remuneration achieving the linkage between the completion effect of middle-level managers’ business performance responsibility letters and
employee remuneration and fully leveraging the incentive and constraint role of performance management. employees responds to and solves difficulties in their daily lives and is committed to creating an
open and inclusive work environment continuously enhancing employees’ sense of happiness
achievement and security.z Employee welfare
● Employee caring
Jiamusi Electric Machine Company always prioritizes the protection of employees’ rights and
interests strictly follows the Management Measures for Working Hours Quota to accurately Conduct visits and condolence activities.calculate and timely distribute piece-rate workers’ wages and actively implements national laws
On the occasion of the Spring Festival in 2024 the Company’s party and government
and regulations and the spirit of the Notice on Carrying out Mutual Aid and Security Activities
leaders visited and comforted retired cadres veteran soldiers of the Korean War
for Employees in the Province issued by the Heilongjiang Federation of Labor Unions. It enforces
outstanding representatives poverty workers and Party members and sent themthe Employee Mutual Insurance Reimbursement Policy fully pays “five social insurances andcondolence money and gifts.one housing fund” for all employees supplements various insurance types such as Longjiang
benefit insurance group accident insurance and employee mutual insurance and provides The Company distributes condolence gifts to employees during statutory holidays such
comprehensive protection for employees. as Labor Day and Mid-Autumn Festival.Provide mutual aid insurance for the majority of employees. As of October 2024 a total
of 28 employees have received mutual aid security fund of RMB 30525.Pay enterprise annuity for formal employees; provide meal subsidies high-temperature allowances and heating
subsidies to help employees cope with living costs; Organize employee health examination and “two-cancer screening” for female
employees
Provide supplementary medical insurance and group accident insurance to comprehensively protect the healthof employees; Organize employees to participate in the “praising the beauty of labor singing happyBasic guaranteeDeliver carefully prepared benefits to convey corporate warmth on holidays and employees’ birthdays; songs together” tour organized by the Municipal Federation of Labor Unions to celebrate
the China-Russia Workers’ Art Exchange Week on May Day International Labor Day;
Organize comprehensive physical examinations for employees every year to pay attention to their physical organize employees to participate in the Sports Games in Qianjin District and conduct
health. team demonstrations and rhythmic gymnastics performances.Employees are entitled to various statutory paid holidays such as annual leave and marriage leave in The Company’s labor union actively communicates with the municipal labor union
Welfare accordance with the law. distributing RMB 30000 in holiday consolation funds to 60 frontline employees and over
RMB 30000 in consolation funds to four employees in need.Monthly meal allowance is provided which can be enjoyed at the staff canteen and shopping at the
supermarket.Set up free reading rooms and fitness centers.
078 079Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Warmingsocietyshapingaharmoniousfuture
● Employee living guarantee Employee communication mechanism
Jiamusi Electric Machine Company strives to build an open democratic and transparent
The Company is committed to creating a more comfortable and convenient communication mechanism. According to the Work Rules for the Employee Representative
working environment for employees. It has established living facilities such as gyms Congress and Proposal Work System for the Employee Representative Congress， the Companysupermarkets and high-standard employee canteens to ensure employee health and organizes the 20th Labor Union Member Congress; it convenes the 20th First Employee
enrich their leisure life. Representative Congress and the 2024 Annual Work Conference holds 5 joint meetings of
employee representative group leaders and reviews and approves the Management Measures
for Salary of Jiamusi Electric Machine Company Management Measures for Quality Rewards and
Punishments and List of Negative Employee Behaviors of Jiamusi Electric Machine Company.Establish a democratic management system based on the Employee Representative Congress
make public the affairs of enterprises promote democratic management and set a democratic
communication platform for employees based on the principles of “openness fairness and justice”.staff canteen staff supermarket
● Female employee care
The Company cares for and respects every female employee. It provides equal career
development opportunities while implementing a series of welfare policies related to
female employees such as maternity leave and breastfeeding leave to focus on their
physical and mental health. In addition the Company will organize a variety of cultural
activities on related holidays such as Women’s Day celebrations and health lectures to
enhance the happiness of female employees.Warm sympathy Group photo of female workers
Scene of the Employee Representative Congress
In 2024 the Company held 5 meetings of employee representative team leaders reviewed and
approved important rules and regulations related to the reform and development as well as the
vital interests of employees effectively safeguards the legitimate rights and interests of employees
and continuously promotes the common development of employees and the company.The Company innovatively launches the “Voice of Employees from Jiamusi Electric Machine”
on-line suggestion collection activity collects 371 suggestions throughout the year and adopts
and implements 160 of them with 86 suggestions winning the first second and third prizes. It
continuously stimulates the enthusiasm of employees to offer suggestions opens channels for
employee opinions and significantly improves the management level.
15 employees of the Company won first second and third prizes for Excellent Achievements in “FiveSmall” Innovation Competition for Millions of Workers in Heilongjiang Province in 2024.In terms of performance feedback and appeals the Company establishes a Performance
Management Committee as the leadership and arbitration body responsible for performance
evaluation in 2024. The Company provides employees with feedback on performance evaluation
results in time offers channels for appeals to employees with objections fully listens to
women’s day employees’ opinions and suggestions and ensures fair review and handling by the Performance
Management Committee and safeguards employees’ right to information and participation.During the reporting period of 2024 the Company had no any labor disputes.
080 081Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Warmingsocietyshapingaharmoniousfuture
Health protection Occupational health and safety management system In the production management process the Company’s Equipment Management Department organizes the declaration appraisal and disposal of equipment scrapping at the end of each
building safety Jiamusi Electric Machine Company establishes a comprehensive occupational health and safety year eliminates uneconomical unsafe and non-environmentally friendly equipment in time; it management system such as the Safety and Environmental Protection Responsibility System
defenses strictly implements the planned equipment maintenance system and conduct daily monitoring Occupational Health Safety and Environmental Management Regulations Five Simultaneities of equipment status; it establishes routine maintenance regular maintenance and special
for Safety and Environmental Protection Regulations on Occupational Prevention Management maintenance systems for equipment that are compatible with production and operation and
and Hazard Identification Assessment and Control Management Regulations and stipulates carries out equipment maintenance according to regulations prevents abnormal escaping
occupational prevention occupational health and safety protection and rights occupational emitting leaking and dripping of equipment to ensure safe production.hazard notification requirements third-party monitoring of occupational hazards hazard
identification and management and medical examinations for hazardous jobs effectively The Company actively improves the working environment optimizes dormitory configurations
ensuring the safety of employees’ work and production. sets up medical rooms health corners employee canteens etc. purchases air purifiers and sets
up simple fitness facilities basketball courts badminton activity areas etc. in the leisure area
The Company implements an occupational health and safety management system that meets to provide employees with fitness and sports venues; it establishes employee mental health
the requirements of GB/T 28001 which is effectively operated and certified by a third party. counseling rooms holds health knowledge lectures organizes comprehensive occupational
Additionally it conducts internal audits annually and undergoes surveillance audits by third- health protection training and continuously enhances employees’ health awareness.party certification bodies to ensure the legal compliance and stable operation of occupational
health and safety management system. The Company improves and regularly updates special emergency plans organizes enterprises
to conduct emergency plan reviews routinely carries out emergency drills provides necessary
2024 occupational health and safety management architecture: emergency materials and equipment and implements plan improvements; it establishes
emergency incident information reporting mechanisms and public opinion monitoring and
Research deploy guide and coordinate the Company's HSE work analyze HSE situations and make decisions on information disclosure mechanism for emergencies.major issues in HSE work.HSE Committee Oversee the construction and operation management of the HSE management system and clarify the responsible Work safety goal:
department for each element of the system. The professional sub-committee leads the HSE management work in
● No general and above personal injury or death accidents;
the professional field and provides professional guidance for the operation of the HSE management system.● No general and above fire accidents;
HSE Committee
Supervise and manage the HSE management system’s operation and formulate system audit plans.Office ● N o general or above traffic accidents with shared primary or full responsibility occur and no
general or above equipment accidents or power safety accidents specified in Decree No. 599
Affiliated The affiliated enterprise is the responsible entity for the construction and operation of the HSE management system of the State Council occur.carries out HSE work task decomposition establishes and improves monitoring report analysis and continuous
companies improvement mechanisms and promotes the effective operation of the system.The Company establishes an HSE Committee with the Chairman serving as the committee director.The committee has five professional sub-committees assigns a safety director and manager
related to work safety and establishes a safety inspection team. It regularly convenes full meetings
of the HSE Committee annual HSE work meetings video conferences on HSE and production and
operation work etc. to report and study prominent HSE issues and deploy key tasks.Safety risk management
The Company formulates regulations such as the Daily Safety Inspection Management
Measures Safety Hazard Investigation and Management System and Regulations on the
Management of Rewards and Punishments for Work Safety (2019). Under the guidance of these
regulations the Company adheres to work safety as the center conscientiously implements
the work policy of “safety first prevention priority and comprehensive management” and
continuously strengthens workshop safety production management. It continuously strengthens
daily work safety management establishes a dual prevention mechanism for safety risk
classification control and hazard investigation and management controls risks before hazards
form and eliminates hazards before accidents occur.The quality inspector is checking the apparent mass of the fan inside the rotor
082 083Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Warmingsocietyshapingaharmoniousfuture
● Safety risk management actions Carry out the special action
for the safety management Develop the work breakdown plan formulate implementation measures and the key task implementation status table for the safety management enhancement year.● Intensify the daily inspection of work safety severely crack down on the “three enhancement yearviolations” of “illegal command violation of operating procedures and violation oflabor discipline” detect safety risks and hazards early and formulate corresponding
preventive and corrective measures. Conduct safety culture Conduct nuclear safety culture questionnaire activities for nuclear-related employees to assess their
surveys awareness of nuclear safety culture.● Organize all organizations to establish a risk list and set up safety risk notification cards
at each post and process.● Issue a work plan for the large-scale investigation and rectification of work safety Organize employees to learn Use domestic and provincial safety risk cases and various safety meetings to educate employees
hazards and carry out special hazard investigations around the rectification of major work safety-related knowledge strengthen safety work concepts and requirements and continuously improve employee safety
hazards. and discussions awareness.● Organize and replace the old distribution cabinets (boxes) and cables laid
haphazardly on the exterior walls of all organizations of the Company that have not
been cleaned for many years. Investigate the distribution boxes (cabinets) of all
departments and establish a unified ledger.● In 2024 the Company sorted out the exterior wall lines of the powerhouses small office
buildings and process department office buildings on the first and second roads of the
plant area; replaced 163 distribution boxes and 14 distribution cabinets in organizations of
the Company; organized the jumpers neutral bars ground bars and lines in more than
60 distribution boxes. Achieved safety usage standards and eliminated safety hazards.
● In 2024 the Company completed 6 safety-related activities: safety warning education
potential risks identification a fire drill etc. Completed 4 equipment repairs and 12
equipment maintenance tasks. Ensured early detection and handling of problems and
timely and effectively completed production tasks.● In 2024 the workshops conducted 122 work safety training sessions 160 special
safety inspections and daily inspections identified 226 safety hazards and problems
amounting to RMB 22310.Photos related to safety awareness training
Among them crane and sling inspections were conducted 18 times and 24 hazards
and issues were identified amounting to RMB 1200.On-site inspections were conducted 79 times and 108 hazards and issues were
identified amounting to RMB 10510;
Equipment inspections were conducted 39 times 53 hazards and issues were
identified amounting to RMB 5100;
Gas cylinder inspections were conducted 11 times and 20 hazards and issues were
identified amounting to RMB 760;
Fire safety inspections were conducted 10 times and 20 hazards and issues were
identified amounting to RMB 1740;
Anti-theft inspections were conducted 3 times and 1 hazard and issue was identified
amounting to RMB 3000.In 2024 in terms of work safety and equipment management there were 0 incidents of minor or
serious injuries in the workshop and 159 daily safety training sessions were conducted. Analyzed
and identified employees’ working status listed first and second-level risk management and Occupational health and safety training
control personnel and conduct quarterly heart-to-heart talks 3 times. In 2024 conducted
22 work safety hazard identifications including 3 special inspections of special equipment ● Nuclear safety culture development
safety ensuring the safe use of lifting equipment. Conducted 14 work safety and fire hazard
identifications 4 special inspections of hazardous chemical cylinders and 1 building safety The Company compiled and issued the 2024 Nuclear Safety Culture Development Work
hazard identification to prevent safety accidents. As of December 2024 the Company’s Plan for Jiamusi Electric Machine Company Limited organizing various departments to
workshops have performed primary maintenance on 450 units of equipment. complete corresponding tasks according to the plan timeline. This includes conducting
Safety culture shaping training on the Nuclear Safety Culture Policy Statement signing the Nuclear Safety and Quality Commitment training on nuclear safety culture and basic nuclear power
Jiamusi Electric Machine Company shapes internal safety culture through emergency drills knowledge discussing on the Nuclear Safety Law communicating Civil Nuclear Safety
safety training and other methods effectively ensuring the health and safety of employees and Equipment Experience Feedback Cases the Corporation’s Civil Nuclear Safety Equipment
instilling the concept of “safety development life first” in their work. Manufacturing Experience Feedback Report and the Jiamusi Nuclear Power Anti-Fraud
Experience Feedback Case Collection to company leaders middle-level managers and
Formulate and improve the Management Measures for Education and Training of Occupational HSE and nuclear-related employees and conducting special experience feedback for different
Management system the Management Measures for Safety Training. Conduct occupational health and safety training for all workshops based on specific cases; providing anti-fraud training to nuclear-related
employees according to the requirements; establish and implement the Emergency Plan for Work Safety
guarantee personnel and signing quality integrity agreements with suppliers; completing the 2024 Accidents organizing annual drills for personnel and special plans to enhance the safety emergency nuclear safety culture assessment and forming an assessment report.awareness of all employees.
084 085Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Warmingsocietyshapingaharmoniousfuture
Occupational health protection The “three categories three levels and multiple grades” talent development system clarifies
the qualification conditions for each sequence each rank and various types of talents builds
The Company strictly implements the Law on Prevention and Control of Occupational Diseases multiple channels for talent development achieves orderly horizontal and vertical developmentformulates and enforces the Regulations on the Prevention and Management of Occupational of talents and promotes the formation of a new talent development situation where “everyoneDiseases comprehensively implements occupational hazard control measures equips employees aspires to become talented everyone strives to become talented everyone can becomewith necessary labor protection equipment and strengthens the supervision and inspection of the talented and everyone can fully display their talents”.use of labor protection gear effectively safeguarding employees’ occupational health and safety.For identified occupational hazard factors the Company sets up corresponding occupational health Talent development channels
and safety protection facilities and conducts regular maintenance to ensure their effective operation.For employees in positions exposed to harmful factors the Company provides safety protection Jiamusi Electric Machine Company has established a multi-level talent promotion mechanism with 12 technical ranks 11
equipment organizes annual occupational health check-ups and enhances occupational health management ranks and 10 skill ranks. Guided by ability performance and contribution the Company has establishedmonitoring to effectively prevent the occurrence of occupational diseases. Additionally the Company qualification systems for management technical and skill sequences forming a talent evaluation mechanism that “focuses onmaintains continuous communication with health departments and conducts irregular occupational comprehensive ability with basic qualities as a supplement” driving various types of talents to continuously improve and grow.disease prevention awareness campaigns to improve employees’ health awareness. In 2024 according to the Management Measures for the Employee Career Development Channel of Jiamusi Electric Machine
In terms of work injury accident management the Company strictly adheres to the principles of Company the 2024 Annual Professional Technical Sequence Rank Evaluation and Appointment Plan was formulated and the
seeking truth from facts and “four not-to-let passes” promptly and accurately reports counts 2024 annual technical sequence rank evaluation and appointment were organized resulting in the addition of 11 people to
investigates and handles work injury accidents identifies the causes clarifies the nature and the rank of Deputy Chief Engineers and above the appointment of 10 Senior Chief Engineers and 5 Deputy Chief Professional
responsibility of the accidents summarizes lessons learned proposes corrective measures and Engineers. The Company has formulated and implemented the Self-Cultivated Technician and Senior Technician Evaluation
provides handling opinions for those responsible. The Safety Technology and Environmental and Appointment Plan of Jiamusi Electric Machine Company and the Self-Cultivated Chief and Special Technician Evaluation
Protection Department promptly informs relevant organizations about work injury accidents Plan of Jiamusi Electric Machine Company organized and carried out the evaluation and appointment of self-cultivated
based on the situation and handling opinions. For accidents involving two or more organizations Technicians and Senior Technicians appointing 54 Technicians 11 Senior Technicians 4 Special Technicians and 3 Chief
the injured party’s organization is responsible for statistical reporting and the Safety Technology Technicians. 5 technical talents were recommended to participate in the Corporation’s industry-leading expert evaluation and
and Environmental Protection Department organizes the investigation and handling. If a appointment resulting in the appointment of 4 Special Technical Experts and 1 Chief Technical Expert.work-injured employee requires a labor capability assessment he/she must submit a written
application and the Safety Technology and Environmental Protection Department is responsible Level
for organizing the submission. After the Labor Capability Assessment Committee issues its
conclusion the Company will implement corresponding policies and benefits in accordance Department Head Level of the
with the conclusion the national Regulations on Work Injury Insurance and the Provisions of Chief scientist Corporation or Leadership Chief Senior Position of the Company
Heilongjiang Province on Implementing the “Regulations on Work Injury Insurance”. Management
Chief Technical Expert Deputy Department Head Level of the
During the reporting period the Company had no major safety accidents. Industry Corporation or Leadership++ leading talent Expert Deputy Position of the Company
In 2024 more than 1094 employees at harmful positions underwent physical examinations and 0 Special Technical Senior Management Winner of Grand Skill Deputy Chief Engineer Level
employees suffered from acute occupational poisoning. Expert Expert Award of China of the Company
Senior Management Head of Internal Department of Chief engineer
Expert the Corporation Mid-Level Senior
National technical Position of the Company
expert
Deputy Chief
Growth Jiamusi Electric Machine Company values employee development. It establishes a Professional Engineer Management expert Deputy Head of Internal Department comprehensive employee training system and formulates training plans covering management of the Corporation
empowerment capabilities professional skills and business knowledge. Besides the Company conducts training Mid-Level Deputy Position ofProfessional Senior Chief Engineer Senior Chief Manager Chief technician the Company
supporting at different levels according to the needs of employees in different systems such as onboarding leading talenttraining job training development training and general education to help employees improve
employee their skills in all aspects. Engineer in charge Chief Manager
Master Technician Mid-Level Assistant of the Company
development Career development system Deputy chief engineer Deputy Chief
Manager
Jiamusi Electric Machine Company attaches great importance to the career development of
employees. It establishes a systematic employee training system and formulates comprehensive Assistant Chief Assistant Chief
training plans covering management capabilities professional skills and business knowledge. Senior technicianEngineer Manager
The Company conducts targeted hierarchical training based on the different levels and job Professional
backbone talent
requirements of employees including onboarding training job skill training career development Engineer in charge Business supervisor Technician
training and general education to help employees achieve comprehensive ability improvement. —
Assistant Supervisor Assistant Business Senior workerIntermediate worker
Engineer Supervisor Primary worker
Professional
reserve talent Trainee Engineer Trainee Clerk Apprentice“Three categories three levels and multiple 04Industry Corporation level
Sequencegrades” employee career development system leading expert Technical Management Technical Remuneration
03 sequence (T) sequence (M) sequence (S) standard
Professional Company level
The Company establishes development sequences for leading talent
technical managerial and skilled "three categories" of talents 02
and builds a “three-level” talent management system including Professional backbone talent
industry leading experts at the Corporation management Grassroots level Talent retention and motivation02
level professional leading talents at the company level and Professional reserve talent The Company continues to advance the reform of the remuneration system establishes
professional backbone reserve talents at the grassroots level. a comprehensive performance evaluation system and scientifically assesses employee
performance.
086 087Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Warmingsocietyshapingaharmoniousfuture
In 2024 the Company formulated and issued the “14th Five-Year” Talent Development Plan of
Jiamusi Electric Machine Company providing a clear direction for talent growth and development.Besides the Management Measures for Employee Performance Evaluation of Jiamusi Electric
Machine Company were issued using a scientific and reasonable evaluation mechanism to Case: “Masters Apprentice Talents” building a team of highly-skilled talents
stimulate employees’ work enthusiasm and creativity.To further explore medium and long-term incentives the Company conducted research and
formed the Research Report on Implementing the Medium and Long-Term Incentive Toolbox The Company organized the “Masters Apprentice Talents” activity leveraging the exemplary roles of model
providing a basic guideline for the Company to scientifically and reasonably carry out medium workers craftsmen and various high-skilled talents. This initiative expands employee development pathways
and long-term incentives. The Company formulated the Excess Profit Sharing Plan (2023-2025) establishes and improves long-term mechanisms for technical innovation and the inheritance of unique skills and
including core personnel in management technology and skills as incentive targets effectively accelerates the cultivation of a high-skilled talent team that is sufficient in number highly skilled and well-suitedaligning employee interests with company interests achieving “shared business shared value to meet the Company’s continuous high-quality development needs thereby driving the hierarchical developmentshared benefits and shared risks” and attracting and retaining outstanding talent. of the Company’s workforce.The workshop focuses on enhancing employees’ knowledge and capabilities through various training formatsIn 2024 the Company formulated the Management Measures for Selection of “Leadingsuch as “Technician Lectures” “Masters Apprentice Talents” and “Party Member Assistance”. A total of 151 trainingGoose” Innovation Team Projects strongly promoting the improvement of the Company’s
sessions were conducted. Through employee evaluations gaps in theoretical knowledge and practical operations
innovation capabilities and encouraging team members to continuously break through
were identified ensuring the training is timely and targeted. 12 workshop-level quality meetings and 2 company-
technical bottlenecks and achieve innovative development. Additionally the Self-Cultivated
wide quality warning meetings were held. Additionally issues from various processes were communicated
Technician and Senior Technician Evaluation and Appointment Plan of Jiamusi Electric Machine
during the weekly morning meetings with key control points and precautions highlighted. 4 employees were also
Company provided a broad platform for the growth of skilled talent encouraging employees to
interviewed to help them promptly identify existing problems make corrections and apply lessons learned.continuously improve their professional skills.In 2024 Jiamusi Electric Machine Company formulated a rigorous and standardized Training Management System
Employee training and meticulously organized the preparation of the Annual Training Plan each year. The training content is rich and
Jiamusi Electric Machine Company to comprehensively enhance the overall quality and business diverse covering multiple fields such as qualifications safety quality and professional skills and it encompasseslevel of employees cultivate and build a talent team that is “sufficient in number optimized in all employees. Moreover the Company actively recommends high-potential young technical talents to pursuestructure and excellent in quality” and promote the coordinated development of employees master’s and doctoral degrees. It also continues to advance talent development programs such as the “Navigationand the company formulated the 2024 Training Plan and organized training accordingly. In Plan” “Elite Plan” “Talent Plan” and academic enhancement initiatives providing a comprehensive platform for
addition the implementation of the Training Management System Management Measures for talent growth and supporting employees in achieving their career development.Certification of Vocational Skill Levels and Implementation Plan for 2024 Vocational Skill Level In 2024 the Company comprehensively promoted training programs to assist employees in obtaining essential
Certification (Self-Evaluation) of Jiamusi Electric Machine Company provided employees with qualifications required for their work such as special operations civil nuclear welders non-destructive testing
rich and diverse training opportunities helping them continuously update their knowledge certificates registered safety engineers registered fire engineers etc.structure and improve their business capabilities and technical levels.Level I HR Department
training
Training specialist
Level II
training Functional departments Production workshops
Part-time Trainer
Level III
training Functional departments Teams Photo of quality training site Photo of technical competition and labor competition site
Section Chief
Office Director
Team Leader
Training Plan Responsibilities and Division of Labor To enhance the relevance of training the Company formulates training plans by categorizing andgrouping employees into “senior executives professional management technical professionalsand skilled professionals”. To increase the appeal and impact of training the Company adopts a
combination of “internal training + external training”. Through comprehensive modular training
employees’ professional qualities have significantly improved and their technical skills have been
notably enhanced. In 2024 the Company planned to conduct 56 training sessions completed
all 56 on schedule achieving a 100% training plan completion rate and a 100% employee training
pass rate. A total of 151 training sessions were conducted involving 2414 participants. Additionally
16 unplanned training sessions were conducted simultaneously.
Green chain Jiamusi Electric Machine Company continues to strengthen the sustainable development capabilities of the supply chain committed to building a unified supply management system
collaboration operational mechanisms management systems business processes supply resource platforms
fulfilling supply bidding platforms and electronic trading platforms continuously improving the overall level of the supply chain and effectively ensuring the strategic security of the supply chain.responsibilities Supplier eligibility evaluation
staff training The Company formulated relevant regulations such as the Bidding Management Measures and
088 089Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Warmingsocietyshapingaharmoniousfuture
the Supplier Management and Assessment Measures clarifying the classification evaluation Harbin Electrical Power Equipment Company Limited conducts document quality training for suppliers
and management requirements of suppliers implementing source reviews and conducting
supplier capability assessments. The Company implements differentiated management for
different categories of suppliers further standardizing business processes raising supplier entry
standards and adding control requirements for blacklists and negative lists.Based on the actual production operation cost reduction and efficiency improvement of the Company at the
beginning of 2024 a detailed list of potential suppliers that need to be converted into qualified suppliers was
compiled merging new important materials and quality issue types of suppliers and formulating the Annual
Supplier sourcing Source Audit Plan auditing their qualifications enterprise scale production capacity technical level quality
assurance capability after-sales service delivery guarantee etc. supervising the improvement of problems in
the operation of the quality system of suppliers ensuring the stable supply of suppliers meeting the Company’s
requirements and ultimately ensuring that the Company’s product quality meets user requirements.The Company sets strict supplier entry standards and conducts entry reviews for selected suppliers
Supplier eligibility based on the entry standards and the Qualified Supplier Evaluation and Management Measures including
production capacity quality control environmental protection etc. fully understanding the qualification
level of selected suppliers through qualification review ensuring they meet our regulatory requirements.Sustainable supply chain
Supplier risk assessment and performance management The Company establishes a diversified supplier network which covers different regions and
industries enhances the supply chain’s risk resistance and reduces potential risks from
The Company formulated the Qualified Supplier Evaluation and Management Measures single suppliers. At the same time it focuses on building an efficient energy-saving and
conducting internal control risk assessments at the procurement operation and process levels. Risk environmentally friendly supply chain.identification covers both internal and external factors. Based on the procurement risk assessment
results a risk countermeasure table is compiled a rectification action plan is developed and risk
solutions are proposed to strengthen risk warning and enhance supplier capabilities. The Company evaluates market conditions and supply fluctuations monthly; for ESG risks it strictly screens
social responsibility risks during the admission process and uses third-party tools to monitor various risks
In 2024 the Company set goals for supplier quality control revised two systems improved during the management process.the supplier evaluation system enhanced the implementation of stricter access evaluation Supply chain risk In terms of risk response preventive measures are taken immediately after trade risk investigation; supply
standards for suppliers signed quality commitment letters compliance commitment letters assessment fluctuation risk assessments are conducted to develop contingency plans to ensure supply stability. For
and integrity agreements raised supplier quality awareness conducted daily performance ESG risks annual CSR due diligence is conducted ESG risk investigations are executed and recorded
evaluations across seven dimensions strengthened supplier performance management and annual reviews and assessments are performed. Suppliers are managed hierarchically based on
implemented third-party testing quality interviews and 8D rectification as part of quality control assessment results with high-risk suppliers being coached for rectification and on-site audits conducted.adhering to the principle of “survival of the fittest.”
In 2024 Jiamusi Electric Machine Company conducted supplier evaluations from 8 dimensions including The Company insists on implementing centralized procurement designates an annual centralized
quality delivery service technology risk etc. For supplier performance evaluation Jiamusi Electric procurement catalog and coordinates the procurement of main raw materials such as welding materials
Supplier evaluation Machine Company established the Qualified Supplier Evaluation and Management Measures Supplier and domestic tools at the headquarters. Special procurement plans are formulated monthly and Daily Performance Evaluation Rules and Annual Source Audit Plan as supplier evaluation standards and cooperation with core suppliers includes direct sourcing long-term agreements and volume and price
processes. Each year supplier performance is comprehensively assessed through desk evaluations and locking.on-site evaluations.To ensure the stable supply of strategic resources the Company continuously optimizes the supply chain
structure achieving supplier diversification and multi-channelization. The Company localizes the supply
Based on the supplier evaluation results the Company implements tiered management for suppliers. chain layout encouraging each base to promote local sourcing or inviting external suppliers to build
For issues identified during supplier evaluations we require suppliers to implement rectification plans Supply chain security factories near the base locations reducing transportation cycles shortening supply times and enhancing
Tiered management of and ensure they are completed within the specified time frame. After the execution of the rectification
management the supply chain system’s risk resistance and rapid response capabilities.plan we verify whether the corrective measures have been implemented according to our standards. If a
suppliers Regular meetings are held for supplier quality issue feedback and experience exchange and training supplier experiences significant quality issues or repeated similar quality problems supply restrictions or for quality and process departments is conducted. On-site cleanliness inspections are carried out at
termination of cooperation will be imposed based on the results. Suppliers added to the blacklist will not suppliers’ locations to improve their management levels. In 2024 20 suppliers were specially interviewed
be introduced for 3 years and those added to the prohibited supplier list will never be introduced. quality supervision was conducted for 8 suppliers 9 suppliers were rectified using the 8D method
over 60 supplier visits and inspections were conducted and RMB 1.6 million in supplier assessments
were performed. 4 suppliers were suspended and 21 suppliers were disqualified ensuring effective
In recent years the Company has conducted on-site environmental and social impact assessments for implementation of quality issue resolutions and significant improvement in material quality compared to
62 suppliers and no potential significant negative impacts regarding society and environment have been 2023.
Supplier review identified. A comprehensive assessment is conducted for all qualified suppliers annually with the Annual
Supplier Performance Evaluation Form. It imposes compliance control requirements on key suppliers and
issues the Supplier Penalty Notice to suppliers with sustained poor performance during the evaluation process.Efficiently coordinate the supply chain to respond to emergencies such as supply disruptions in a timely
The Company launched the SRM supplier chain system connecting OA-SRM-suppliers through Supply chain disruption manner. Develop an emergency supply product catalog including key raw materials such as paint and
digital models establishing an information database for supplier quality control achieving full- contingency plan coordinate the effective connection of raw material procurement storage transportation and sales
process management of quality assessment loss transmission confirmation and recovery and processes to ensure smooth operation of each link building a strong backbone for product supply.using quality control data to establish supplier quality control through interviews and 8D reports.To ensure supply chain security and strengthen supply chain advantages the company has
The Company focuses on supplier performance management continuously monitors supplier actively taken a series of measures and achieved significant results. In terms of technological
delivery levels optimizes inspection plans and controls quality weak points. innovation actively collaborate with suppliers to carry out “Four New” collaborative innovation
focusing on core business areas such as nuclear power and thermal power jointly developing
Supplier five-level performance management of Jiamusi Electric Machine Company new technologies adopting new materials applying new processes and exploring new models.Interview yellow card warning suspension ban blacklist For example in nuclear power equipment manufacturing collaborate with suppliers to overcome
the application challenges of new materials in extreme environments successfully applying
090 091Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Warmingsocietyshapingaharmoniousfuture
them to key component manufacturing enhancing product performance and reliability z E stablish volunteer service teams to conduct professional volunteer
promoting nuclear power technology upgrades strengthening the Company’s competitiveness
in the nuclear power market and contributing to industry technological development. services
To better serve social welfare Jiamusi Electric Machine Company established the FeiqiuIn the process of digital transformation by building intelligent platforms achieve real-time Volunteer Team. Feiqiu volunteers guided by the principle of “party members leading bydata visualization in procurement production logistics and other links and automate some example love first” are active in volunteer services such as “dedication to the dedicated” “civilizedbusiness decisions improving supply chain operational efficiency. In addition establish a city creation” and “promoting high-quality development of the Company”.digital collaboration platform with upstream and downstream suppliers breaking information
barriers and ensuring the timeliness and flexibility of supply chain responses. Taking centralized
procurement as an example use the platform to quickly aggregate procurement needs and
enable online bidding by suppliers shortening the procurement cycle and reducing procurement
costs. Case: Learn the spirit of Lei Feng and conducting volunteer service activities
In further improve the advantages of the supply chain increase the transformation of
technological achievements in areas such as artificial intelligence and big data analysis use In 2024 Jiamusi Electric Machine Company actively promoted the construction of volunteer teams of Party
big data to predict raw material price trends and optimize inventory management rely on members employees and youth league members and continuously expanded the Lei Feng volunteer team with
artificial intelligence technology for intelligent supplier evaluation and precise selection build an establishing 21 Lei Feng teams and completing 38 service projects. It formed the Jiamusi Electric Feiqiu Volunteer
intelligent resilient and sustainable supply chain system enhance overall operational efficiency Team with a registered number of volunteers of 1592 and a total service time of 120 h throughout the year. The
and consolidate the leading position in the energy equipment manufacturing industry’s supply team played an active role in activities such as caring for the elderly environmental protection creating a civilizedchain. city and building a civilized plant area. Meanwhile the Company has organized the “Learn from Lei Feng on LeiIn 2024 the Company launched the Supply Chain Integrated Management Platform (SRM Feng Day Donate Books with Love” book donation activity and mobilized employees to participate enthusiastically
system) achieving efficient collaboration between Jiamusi Electric and suppliers and which has made full use of idle books at hand turned the concept of saving into the actual action of contributing
standardizing the full lifecycle management of suppliers from registration entry cooperation love and contributed to the joint construction of a civilized city and the sharing of cultural achievements.performance evaluation to rectification and elimination.Jiamusi Electric Machine Company is committed to building a safe stable and sustainable
supply chain system identifying assessing and addressing various supply chain risks through
systematic risk management mechanisms including ethical integrity operational models supply
chain security and stability and HSE (health safety and environment) risks. We conduct annual
supplier risk assessments and develop response strategies such as signing Integrity Agreement
to ensure risks are controllable. Besides we enhance supply chain transparency and resilience
through digital means (such as supply chain big data centers AI risk warnings and blockchain
technology) and incorporate ESG risks into management to ensure the supply chain meets
ethical compliance and social responsibility requirements providing a solid foundation for the
Company’s sustainable development.Community Jiamusi Electric Machine Company actively fulfills the social responsibility of state-owned enterprises fully leverages corporate resources and advantages and fully supports social welfare
co-construction causes such as rural revitalization. The Company continuously improves its volunteer service
supporting social system actively encourages employees to participate in various public welfare and charitable activities as volunteers fully demonstrates the responsibility of state-owned enterprises and
development promotes the coordinated development of economic and social benefits.Promoting rural revitalization
Rural revitalization is an important part of China’s second centenary goal which concerns
the overall national rejuvenation. In this process state-owned enterprises bear significant
responsibilities. Jiamusi Electric Machine Company adheres to a high sense of responsibility
actively fulfills social responsibilities leverages its own advantages and fully supports the
implementation of the rural revitalization strategy contributing to the achievement of the China’s
long-term development goals.As a member company of Harbin Electric Corporation the Company actively responds to and supports “Learn from Lei Feng on Lei Feng Day Donate Books with Love” Book Donation Activitythe Corporation's assistance work in Wenshan City Yunnan Province. In the “Wenshan Products EnterHarbin” initiative it purchased products from Wenshan Yunnan totaling RMB 2.158 million (including
ham passion fruit kiwi mooncakes etc.) continuously contributing to rural revitalization and improving
the economic benefits of poor areas.Respond to the “Belt and Road” initiative
Social welfare and volunteer services The Foreign Trade Department of Jiamusi Electric Machine Company actively responded to the
China’s “Belt and Road” initiative implemented the Corporation’s “three merchants” strategy and
Jiamusi Electric Machine Company actively engages in social welfare and volunteer service vigorously expanded overseas markets. The Company strengthened communication with users
activities deeply practicing the spirit of Lei Feng. The Company leverages its resources and and visited key customers. For example visits were made to key customers such as Burkhard
advantages to actively contribute to social welfare projects such as blood donation civilized Xylem Flowserve Ruhrpumpen Wuxi York SMS Group and Primetals Technologies. By improving
factory construction and civilized traffic guidance demonstrating its social responsibility. services and resolving issues in cooperation the foundation of cooperation was strengthened
user stickiness was increased and order shares were boosted.
092 093Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report Warmingsocietyshapingaharmoniousfuture
Future prospects
Looking ahead to 2025 Jiamusi Electric Machine Company will stand at a new historical startingpoint anchor the goal of “building a world-class electric drive system manufacturing and serviceenterprise” and with a firmer belief a more uplifting fighting spirit and more decisive actions strive
bravely in the tide of the times. We will thoroughly implement the new development concepts
actively integrate into the new development pattern use excellent innovation as the engine exquisite
quality as the cornerstone and outstanding service as the wings comprehensively propel the
enterprise to accelerate on the journey of high-end intelligent green and international development;
use new quality productive forces as the blade cut through thorns open up a broader development
space forge a stronger development momentum and shape a unique development advantage;
continuously enhance the core competitiveness of the enterprise and let Jiamusi Electric Machine
Company shine brightly on the global stage. In addition we will unwaveringly strengthen ESG
governance actively fulfill environmental and social responsibilities with higher standards and more
practical measures fully advance corporate governance efficiency to new heights strive towards
a more glorious future and contribute the strength of Jiamusi Electric Machine Company to the
realization of the Chinese dream of the great rejuvenation of the Chinese nation!
094 095Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report ESGPerformanceIndicator
ESGPerformanceIndicator continued Table
Indicator Unit 2024 2023 2022
Indicator Unit 2024 2023 2022 Emission in scope I t CO2 e 5367.84 4190.91 4742.13
Environment Emission in scope 2 t CO2 e 33248.65 21760.46 20672.37
Total water consumption t 322647 252990 236480 Society
Total water discharged t 134094 203210 189880 Total number of employees Person 1940 1945 1949
Fresh water consumption t 188553 252990 236480 Employees from
Person 114 112 102
minority groups
Total water consumption t 188553 / /
Including
Water resource consumption per million revenue t/RMB million 38.49 / / Employees from Person 6 10 10
disabled group
Total energy consumption tce 12551.89 13143.73 13491.47
Male Person 1650 1646 1655
Fossil energy consumption tce 2037.00 3210.79 3708.01 By gender structure
Female Person 290 299 294
Non-fossil energy consumption tce 3533.89 4926.14 5137.86
Aged 30 and below Person 385 298 219
Proportion of non-fossil energy consumption % 28.15 37.48 38.08
By age structure Aged 30-50 Person 1235 1304 1346
Clean energy consumption tce 4867.05 37.48 38.08
Aged above 50 Person 320 343 384
Proportion of clean energy consumption % 38.78% 29.62 26.34
Production personnel Person 673 730 786
Purchased energy consumption tce 6981 5006.8 4645.6
Energy consumption per million revenue tce/RMB million 2.56 2.47 2.96 Sales personnel Person 229 231 223
Total material consumption t 71867 / / Technician Person 642 616 568By professional composition
Consumption of toxic and hazardous materials t 195 156 199 Financial personnel Person 48 47 51
Office paper consumption t 15.1 14.61 14.81 Administrative
Person 348 321 321
personnel
Packaging material consumption t 89555 87232 89196
Doctoral student Person 2 2 3
Recyclable packaging material usage t 797 / /
Postgraduate student Person 164 131 101
Non-recyclable packaging material usage t 7 / /
Undergraduate Person 933 902 860
Total environmental investment RMB ten thousand 484.07 397.36 276.34 By educational status
Proportion of total environmental protection investment Junior college Person 299 298 321
%9.887.47%6.06%
to operating revenue
Senior high school and
Person 542 612 664
Environmental violations and illegal incidents Item 0 0 0 below
Amount of major administrative penalties imposed by Proportion of female employees % 14.95 15.37 15.08
relevant departments of ecology and environment due RMB ten thousand 0 0 0
to environmental incidents during the reporting period Proportion of employees from minority groups % 5.88 5.76 5.23
Waste water discharged t 137933 196307.07 186020.10 Total number of new employees Person 130 158 81
Total solid waste disposal t 11620.13 10646.94 763.72 Male Person 109 119 70
By gender structure
General industrial solid wastes t 11367.87 10461.26 755.12 Female Person 21 39 11
General industrial solid wastes disposed t 11367.87 11689.29 17658.68 Fresh graduates Person 125 135 76
By recruitment channel
Hazardous wastes t 456.45 345.26 402.00
Social recruitment Person 5 23 5
Harmful waste disposed t 456.45 345.26 365.45
Labour contract signing rate % 1 1 1
Total wastes recycled and reused t 1784.219 / /
Turnover rate of employees % 4.12 4.78 2.72
Proportion of recycled wastes % 15% / /
Male % 75 83.87 88.68
Total greenhouse gas emission t CO e 38616.49 25951.37 25414.50 By gender structure2
Female % 25 16.13 11.32
096 097Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report ESGPerformanceIndicator
continued Table continued Table
Indicator Unit 2024 2023 2022 Indicator Unit 2024 2023 2022
Aged 30 and below % 47.5 50.54 47.17 Proportion of work-related deaths % 0 0 0
By age structure Aged 30-50 % 42.5 45.16 50.94 Employee assistance investment RMB ten thousand 3.89 4 6.5
Aged above 50 % 100 4.30 1.89 Number of employees with difficulties assisted Person 49 53 98
By geographical distribution Chinese mainland % 100 100 100 Number of employees participating in the survey Person 1940 1932 1933
Social insurance coverage rate % 100 100 100 Amount of damages involved in major safety and quality
accidents related to products and services during the RMB ten thousand 0 0 0
Per capita paid vacation time Day 10.1 10.4 10.6 reporting period
Investment in employee training RMB ten thousand 519 190.97 87.4 Number of customers participating in satisfaction
Nos. 670 1070 1056
surveys
Number of employee training sessions Session 613 592 571
Customer satisfaction survey coverage rate % 97.13% 95.70% 94.20%
Number of employees trained Person 1940 1945 1949
Number of customer complaints Item 1 0 0
Employee training coverage rate % 100 100 100
Amount of money involved in data security incident Item 0 0 0
Male % 100 100 100
By gender structure Amount of money involved in breach of customer
Female % 100 100 100 RMB ten thousand 0 0 0privacy
Senior management % 100 100 100 R&D investment amount RMB ten thousand 18372.39 28601.57 27201.27
By management level Middle management % 100 100 100 Proportion of R&D investment in business revenue % 3.75 5.38 5.97
Basic employees % 100 100 100 Number of R&D personnel Person 461 362 316
Average training duration of employees Hour 11 10.55 7.3 Proportion of R&D personnel % 23.76 18.16 16.21
Number of companies meeting work safety
Nos. 3 2 2 Number of patent application filed Item 67 66 83
standardization requirements
Number of invention patent application filed Item 23 11 37
Total work safety investment RMB ten thousand 1336.93 1179.46 688.35
Number of utility model patent application filed Item 44 54 44
Number of safety training sessions Session 164 144 135
Number of design patent application filed Item 0 1 2
Safety training duration Hour 629 565 511
Number of patents granted Item 84 83 90
Number of person-times involved in safety training Person 14940 14590 14280
Number of invention patents granted Item 39 38 42
Work safety training coverage rate Person-time 100% 100% 100%
Number of utility model patents granted Item 44 45 47
Investment amount of occupational injury insurance for
RMB ten thousand 65.43 36.56 39.734
employees Number of design patents granted Item 1 0 1
Coverage rate of occupational injury insurance for
% 100% 100% 100% Total number of patents in force Item 639 571 486
employees
Number of patents in force per RMB million revenue Item/RMB million 0.13 0.107 0.106
Amount of investment in work safety liability insurance RMB ten thousand 65.43 36.56 39.734
Total number of trademarks Item 10 5 5
Coverage rate of work safety liability insurance % 100% 100% 100%
Total number of copyrights Item 0 0 0
Number of work safety accidents Item 0 0 0
Number of software copyrights Item 12 7 3
Work injury rate % 0.04 0.19 0.75
Number of ethical violations of science and technology Item 0 0 0
Number of working days lost due to work-related injuries. Day 0 105.68 79.42
Number of suppliers Nos. 615 584 521
Number of working days lost due to work-related injuries
Day/RMB 0 0.02 0.02
per million revenue Investment in welfare activities RMB ten thousand 215.6 208.56 186
Incidence of occupational diseases % 0 0 0 Total number of welfare activities Times 16 15 20
Number of work-related deaths Person 0 0 0 Number of volunteers participating in welfare activities Person 470 295 283
Number of work-related deaths per hundred million Duration of volunteer participation in welfare activities Hour 776 763 817
Person/RMB million 0 0 0
revenue
Investment in rural revitalization RMB ten thousand 168.63 127.48 61
098 099Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report ESGPerformanceIndicator
continued Table continued Table
Indicator Unit 2024 2023 2022 Indicator Unit 2024 2023 2022
Total tax paid during the reporting period RMB ten thousand 17723 29314 26519 Antitrust and fair competition management training
Hour 2.0 0 0
hours
Including: value-added tax RMB ten thousand 11358 19492 18811
Number of antitrust and fair competition management
Corporate income tax Person 2862 4914 3636 Person 500.0 0 0trainees
Governance Note:
Number of meetings of the Party committee Times 107.0 73 85 1. Description of year-on-year change in data
D ue to the Company’s inclusion of Jiamusi Electric in the statistical scope of the consolidated statements in 2024 the data related to
Number of Party branches Nos. 31.0 33 32
the environmental category has changed significantly year-on-year.Number of Party members Person 754.0 748 730 2. Calculation formula
1) Water resource consumption per million revenue = total water consumption / operation revenue (RMB million)
Number of issues approved by the Party Committee Item 510.0 415 417
2) Proportion of total environmental protection investment to operating revenue = total environmental protection investment /
Major operation management issues pre-studied and
Item 123.0 83 84 operating revenue (RMB million)
discussed 3) P roportion of R&D investment in business revenue = R&D investment / operating revenue (RMB million)
Board of Shareholders Times 5 4 6 4) Number of patent application filed = number of invention patent application filed + number of utility model patent application filed
+ number of design patent application filed
Meetings held Board of Directors Times 12 7 5
5) T otal energy consumption = fossil energy consumption + non-fossil energy consumption + purchased energy consumption
Board of Supervisors Times 8 12 13 6) E nergy consumption intensity = total energy consumption / operating revenue (RMB million)
7) P roportion of recycled wastes = total wastes recycled and reused / (general industrial solid wastes + hazardous wastes)
Board of Shareholders Item 31 34 21
8) T otal greenhouse gas emission = emission in scope I + emission in scope II
Proposal review Board of Directors Item 87 85 70 9) Proportion of R&D personnel = number of R&D personnel / total number of employees
Board of Supervisors Item 34 42 29 10) P roportion of independent directors = number of independent directors / total number of directors
11) Proportion of female directors = number of female directors / total number of directors
Composition of Board of
Number of directors Person 9 9 9 Proportion of employee supervisors = number of employee supervisors / total number of supervisors
Directors
Male Person 8 9 9
By gender structure
Female Person 1 0 0
Number of independent directors Person 3 3 3
Proportion of independent directors % 33.33 33.33 33.33
Proportion of female directors % 11.11 0 0
Composition of Board of
Number of supervisors % 3 3 3
Supervisors
Proportion of employee supervisors % 33.33 33.33 33.33
Composition of senior Number of senior
Person 7 6 7
management management
Average tenure of members on the Board of Directors Year 3.5 2.5 2.5
Anti-bribery and anti-corruption training duration Hour 5 4 3
Management level Hour 5 4 3
Including
Employee Hour 4 4 3
Anti-bribery and anti-corruption coverage rate % 57.55 22.22 27.42
Management level % 11.05 10.56 8.53
Including
Employee % 46.51 11.66 18.89
The amount involved in any litigation or significant
administrative penalties due to unfair competition Times 0 0 0
practices of the Company
100 101Jiamusi Electric Machine Company Limited · 2024 Environmental Social and Governance (ESG) Report BenchmarkingIndexTable
Benchmarking Index Table Reference Indicator System for ESG Special Reports of Central SOE-controlled Listed Companies by
the State-owned Assets Supervision and Administration Commission of the State Council
Self-regulatory Guidelines for the Companies Listed on the Shenzhen Stock Exchange No. 17 –
Sustainable Development Report (Trial) (April 2024) ESG Guidelines for Central Title
Enterprises
Item Issue Article Chapter Strengthening the Foundation of Party Building G1.1
Party Building Leadership Forging
the Soul of Spirit
Combat with climate change Articles 21 to 28 Low-Carbon Actions Addressing Climate Change Key Tasks of Party Building G1.1
Pollutant emission Article 30 Pollution Control Standards Protecting Ecological Purity Plan innovative strategic layout S2.3
Innovation-Driven Stimulating
Actively carry out trial production of new products S2.3
Waste disposal Article 31 Pollution Control Standards Protecting Ecological Purity Product Vitality
Innovation and R&D and patent management S2.3
Protecting Ecology Advancing Environmental
Ecosystem and Biodiversity Protection Article 32
Management ESG Strategy and Governance Architecture G1.1
Environment
Environmental compliance Protecting Ecology Advancing Environmental ESG Stakeholder communication -
Article 33
management Management
Analysis of substantive issues -
Energy utilization Article 35 Low-Carbon Actions Addressing Climate Change
Governance Optimization Strengthening Development
G1.1 G1.2 G1.3
Foundations
Utilization of water resources Article 36 Optimal Resource Allocation Achieving Efficient Utilization
Compliance Construction Solidifying the Rule of Law G5.1 S4.1
Circular economy Article 37 Green Innovation Creating High-Quality Products Establish regulations for stable
development and plan long-term
Risk Control Strengthening Ensuring Steady Progress G2.1 G5.2
plans
Rural revitalization Article 39 Community Co-construction Driving Social Development
Upholding Business Ethics Creating a Clean Environment G2.2 G2.3
Social contribution Article 40 Community Co-construction Driving Social Development
Rights Protection Enhancing Investment Trust G3.1 G3.2 G4.1 G4.2
Innovation driving Article 42 Innovation-Driven Stimulating Product Vitality Low-Carbon Actions Addressing Climate Change E1.3 E3.1 E5.2 E5.4
Technology Ethics Article 43 Not involved Green Innovation Creating High-Quality Products E5.4 E5.5
Supply chain security Article 45 Green Chain Collaboration Fulfilling Supply Responsibilities Lush greenery building an Protecting Ecology Advancing Environmental E5.5 E5.6
ecological journey together Management
Society
Equal Treatment for Small and Medium
Article 46 Customer First Ensuring Rights and Interests Optimal Resource Allocation Achieving Efficient Utilization E1.1 E5.2
Enterprises
Pollution Control Standards Protecting Ecological Purity E1.2 E2.1 E2.3
Product and Service Safety and Quality Article 47 Quality Improvement Forging Excellence
Quality Improvement Forging Excellence S2.1
Data security and customer privacy
Article 48 Digital Transformation Empowering Smart Manufacturing
protection Digital Transformation Empowering Smart Manufacturing S2.3
Refined products leading the
industry wave
Respect Employees Safeguarding Rights Leading the Industry and Advancing Together with S2.3
Employee Article 50 Health Protection Building Safety Defenses Partners
Empowering Growth Supporting Employee Development
Customer First Ensuring Rights and Interests S2.2
Due diligence Article 52 ESG Strategy and Governance Architecture
Respect Employees Safeguarding Rights S1.1 S1.2 S1.5
Governance Stakeholder communication Article 53 ESG Strategy and Governance Architecture Health Protection Building Safety Defenses S1.3
Related to
Sustainable
Development Anti-bribery and anti-corruption Article 55 Upholding Business Ethics Creating a Clean Environment Empowering Growth Supporting Employee Development S1.4Warming society shaping a
harmonious future
Green Chain Collaboration Fulfilling Supply
Anti-unfair competition Article 56 Upholding Business Ethics Creating a Clean Environment E5.4 S3.1 S3.2
Responsibilities
Community Co-construction to Promote Social
S4.2 S4.3 S4.4
Development
102 103Feedback form Disclaimer
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industry development trends business models and technology research and development
Thank you for taking the time to read the 2024 Environmental Social and Governance Report directions. These forward-looking statements are not guarantees of future performance and
of Jiamusi Electric Machine Company. involve risks and uncertainties and actual results may differ from those in the forward-looking
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Heilongjiang Province 0454-8848800
E-mail:hdjtjdgf000922@163.com
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