Changzhou Evergreen Technology Co. Ltd.Address: No. 300 Hehai West Road Xinbei District Changzhou City Jiangsu Province ENVIRONMENTAL SOCIAL AND GOVERNANCE
Postcode: 213000 Phone: 0519-68867972 Email: cetstock@cearail.com 2024 REPORT Changzhou Evergreen Technology Co. Ltd.EVERGREEN FUTURE EVERGREEN
FUTURE EVERGREEN TECHNOLOGY
ESGABOUT THIS REPORT
Report Introduction Compilation Basis
This report is the second Environmental Social and Corpo- This report is compiled in accordance with the Shenzhen
rate Governance Report “( ESG Report” or “this Report”) Stock Exchange's Self-Regulatory Guidelines No. 17 forissued by Changzhou Evergreen Technology Co. Ltd. “( Ever- Companies Listed on Shenzhen Stock Exchange —green Technology”“ the Company”“ we” etc.) reflecting the Sustainability Report (For Trial Implementation) as well as
Company's environmental social and corporate governance referencing the International Organization for Standardiza-
performance for the year 2024. (the “ESG Report” or the tion's Guidance on Social Responsibility (ISO 26000) the
“Report”) reflecting the Company's environmental social Global Reporting Initiative's Sustainability Reporting
and corporate governance performance in 2024. Standards (GRI Standards 2021) and the United Nations
Sustainable Development Goals (SDGs). It focuses on
reporting the Company's efforts in promoting social
Report Scope environmental ecological and economic sustainability
development.This report covers Changzhou Evergreen Technology Co.Ltd. and all its wholly-owned and controlled subsidiaries.The scope of data in the social and governance section of
the report is consistent with the annual report unless Report Access
otherwise stated and the scope of environmental data is You can download the electronic text of this report from the
the headquarters of Evergreen Technology and its website of Changzhou Evergreen Technology Co. Ltd.wholly-owned subsidiary Evergreen Decorating unless (https://www.cetrail.com) and access more information. If
otherwise stated. The timeframe of data in the report is you wish to further understand us you can supplement by
from January 1 2024 to December 31 2024 unless reading the Company's annual report or browsing the
otherwise noted. Considering the continuity and compara- Company's website.bility of the disclosed information part of the information
content may be retrospective to outside the reporting
period. Unless otherwise stated the currency units Contact Information
involved in the report are RMB.Changzhou Evergreen Technology Co. Ltd.The abbreviations of the wholly-owned subsidiaries Address: No. 300 Hehai West Road Xinbei District Chang-
mentioned in the report are as follows: zhou City Jiangsu Province
Postcode: 213000
Evergreen Jiangsu Evergreen Decorating Phone: 0519-68867972
Refers to
Decorating Materical Co.Ltd. Email: cetstock@cearail.com
TrainFX TrainFX Technology
Refers to
(Anhui) (Anhui) Co.Ltd.
TrainFX Refers to TRAINFX LIMITEDCATALOGUE 01Stability and Prosperity 09 03 Green Low-Carbon 39 05 Join Hands for Mutual SuccessEvergreen Value Evergreen Priority Evergreen Empowerment 75
(1) Sustainability Management 11 (1) Strengthening Environmental Management 41 (1) Supplier ESG Management 77
(2) Robust Corporate Governance 17 (2) Practicing Green Operations 45 (2) Empowering Industry Advancement 79
Chairman's Message 01 (3) Adherence to Business Ethics 20 (3) Responding to Climate Change 51 (3) Commitment to Philanthropy 82
(4) Ensuring Information Security 23 (4) Compliant Pollution Emissions 54
About Evergreen Technology 03
Company Profile 03
Corporate Culture 05 02 Innovation for Empowerment 25 04 Harmonious WorkplaceEvergreen Quality Evergreen Development 57
2024 ESG Highlights 05
(1) Pursuing Excellence in Quality 27 (1) Diverse and Equal Employment 59 Appendix 83
Evergreen Honors 08
(2) Driving Innovative Development 33 (2) Caring for Employee Well-being 63 (1) Key Performance Tables 83
(3) High Quality Customer Service 37 (3) Supporting Employee Development 66 (2) Index Table 88
(4) Ensuring Health and Safety 70 (3) Reader Feedback Form 90
2024
ENVIRONMENTAL
SOCIAL AND
GOVERNANCE REPORTChairman's Message EVERGREEN TECHNOLOGY
Chairman's Message
Integrity and We continuously improve our ESG governance structure clarify the responsibilities of each level closely
Constancy integrate ESG work with daily operations and significantly reduce potential risks by identifying evaluating and
Sustainable controlling quality compliance safety and other risks. At the same time we build an efficient and transparent
Development. corporate governance system strengthen internal control tax management and risk management and ensure
compliance and transparency of our operations.Green In production operation we actively improve the capacity and quality of “sandwich” lightweight composite
Manufacturing materials. In new product research and development we adhere to the customer demand-oriented environ-
Evergreen mental protection green low-carbon standards and continue to increase investment. We have developed a
Homeland. variety of lightweight sandwich composite structure products including PET heated flooring which have filled
the gaps of related products in China and enriched our product range. In terms of green development we have
built an intelligent manufacturing workshop on the basis of the “Green Factory of Jiangsu Province” actively
responded to the goal of the national dual-carbon strategy developed photovoltaic green power and
discharged pollutants in a compliant manner in an effort to contribute to environmental protection.People-oriented We always pay attention to the safety growth and development of our employees and provide them with a safe
Safety First. and favorable working environment and career development opportunities. We identify safety risks and conduct
People-oriented regular safety inspections training and emergency drills to ensure that no workplace accidents occurred in the
Safety First. Company in 2024. For employee growth we have built a comprehensive training system and employee promo-
tion mechanism customized courses according to job and hierarchical needs and encouraged and supported
employee self-improvement.Rain or Shine We focus on the production and research and development of high-end green “sandwich” lightweight
the Future is composite materials actively expand the domestic and international markets promote the development of
2024 is a year for Evergreen Technology to move forward and make breakthroughs and innovations in the midst of challeng- Promising. ships and new global markets continue to deepen the practice of ESG to higher standards more stringent
es and opportunities. Under the environment of deep adjustment of the global economic pattern and increasingly fierce requirements and constantly enhance the core competitiveness of enterprises in order to promote the sustain-
competition in the market we are adhering to the original intention guided by ESG concepts and continue to explore the able development of the industry evergreen power.path of sustainable development.
01 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 02Representative of the 10th and 11th National People's Congress
Changzhou Evergreen Technology Co.Ltd. Chairman
ZHOU YIN MEIAbout Evergreen Technology EVERGREEN TECHNOLOGY
About Evergreen
Technology 1 Company Profile Classic Cases
Evergreen Technology is a high-tech enterprise specializing in the development and application of lightweight "sandwich" composite
materials. The Company possesses strong technical research and development capabilities exquisite production processes advanced
testing equipment scientific management systems and responsive service capabilities. Since its establishment we have accumulated
numerous high-quality customer resources and extensive project implementation experience establishing a good reputation and BEIJING ZHONGGUANCUN FORUMQINGDAO JIAODONG AIRPORT CHONGQING JIANGBEI AIRPORT SHENYANG LIFE CIRCLE NATIONAL LIBRARY PERMANENT CONVENTION CENTER
brand image in the industry.Evergreen Technology has established a comprehensive product system in two major fields: rail transportation and architectural
decoration achieving significant market positions. In the field of rail transportation we provide interior decoration products for rail
SHENYANG OLYMPIC BEIJING INTERNATIONAL SHENZHEN HUAWEI
vehicles maintenance services spare parts and onboard passenger information systems. In the architectural decoration business we SHANXI GRAND THEATRE SPORTS CENTER EXHIBITION CENTER TAIYUAN ART MUSEUM R&D CENTER
offer interior and exterior decoration products. We will always adhere to the research and application of lightweight composite materi-
als for "sandwich" structures and continuously expand the application of products in various fields.SANYA HAITANG BAY SHANGHAI BEIJING NEW
Domestic Partners KING POWER GRAND OPERA HOUSE POLY BUILDING HUAWEI QINGPU R&D CENTER
CHONGQING VENETIAN GRAND NATIONAL CONVENTION SHENZHEN VANKE
EAST RAILWAY STATION HOTEL MACAU CHINA ZUN CENTER PHASE II BINHAI REAL ESTATE
International Partners
SHAANXI TELECOM NETWORK NATIONAL CONVENTION UNITED IMAGING ALIBABA WUHAN
MANAGEMENT BUILDING CENTER PHASE II WUHAN HEADQUARTERS HEADQUARTERS HEFEI MUSEUM
HANGZHOU CHAOYIN
BUDDHIST TEMPLE TENCENT CLOUD TOWER ZEFIRO PLATFORM TGV2020 CORADIA PLATFORM
FUXING
HIGH-SPEED TRAIN OMENO PLATFORM BA-WU PROJECT ETR108 PROJECT JINAN METRO LINE R3
NORWAY NO5 PROJECT QINGDAO METRO LINE 8 NSDD PROJECT XIAMEN METRO LINE 4
03 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 04
Evergreen's Business Global FootprinAbout Evergreen Technology EVERGREEN TECHNOLOGY
About Evergreen
Technology 2 Corporate Culture Governance Performance
55.56% of female directors on the board 46
55.56% Disclosure announcement 46 disclosure announcement documents 4 periodic reports 42 interim reports documents
Core Values Evergreen Culture Response rate to investor questions 100% Female directors 4
on the board Periodic
reports
Integrity Innovation and Loyalty Diligence Dedication 42
Perseverance and Caring Interim reports
Corporate Vision
To become a global leader in Environmental Performance
the high-quality manufacturing
Passed GB/T 24001-2016/ISO14001-2015 environmental management system certification
of lightweight "sandwich"
composite materials. Total Greenhouse gas (GHG) emissions (Scope I + Scope II) 2633.03 tons CO2 equivalent
GHG emission intensity 5.72 tons of CO2 equivalent per million revenue
100% waste discharge compliance disposal rate
100% of waste gas and wastewater discharge meets the standard
About Evergreen
Environment-related inputs of RMB 1331100
Technology 3 20243 ESG Highlights
Investment and construction of 2.988 MW distributed photovoltaic project with an average annual power generation capacity
of 3034600 kWh
Economic Performance
Renewable energy use was 293.35 tons of standard coal
Operating revenue was RMB 460427100 Operating4 60427100 Investment and construction of distributed revenue RMB Total Greenhouse gas (GHG) emissions GHG emission intensity per photovoltaic project with an average annual
(Scope I + Scope II) million revenue power generation capacity of
Net profit attributable to parent company was RMB 60180000
Net profit 2633.03 Tons CO2 equivalent 5.72 Tons of CO2 equivalent 3034600 kWh
attributable to
Basic earnings per share: RMB 0.44/share parent company 60180000 RMB
Renewable energy use Waste discharge compliance Environment-related
Basic earnings disposal rate inputs
per share RMB 0.44 /share 293.35 Tons of standard coal 100 % 1331100 RMB
05 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 06About Evergreen Technology EVERGREEN TECHNOLOGY
About Evergreen
Social Performance Technology 4 Evergreen Honors
Obtained GB/T 45001-2020/ISO 45001:2018 occupational health and safety management system
Obtained IRIS ISO 22163 International Railway Industry Management System Standard Certification and Silver Medal for Changzhou Intelligent Manufacturing
Quality Performance Level Excellent Supplier Workshop Recognition
The first enterprise in China to obtain the DIN6701 bonding quality management system qualification certificate issued by the
German TBB Cert certification center
Certified to EN 15085 standard for welding of rail vehicles and their components
Certified to ISO 45001 Occupational Health and Safety Management System
Certified to GB/T 29490:2013 Intellectual Property Management System
17 software copyrights and 147 total patents authorized including 27 invention patents and 120 utility model patents. National Inspection Green Building Materials National Quality
Product Certification Licensed Enterprises Leadership Award 2024 Star Entrepreneur of the Year
Customer satisfaction 95.94
20.25% of female employees
32.00% of middle and senior managers are women
11850 total hours of training for employees 15 hours of training per capita Customer satisfaction
Total expenditure on staff training RMB304300 95.94 ALSTOM Best Supplier Green Factory of Jiangsu Province
Total expenditure on production safety RMB 2667500
Software copyrights
Public welfare investment RMB 1025000 17
Total patents authorized
Of female Total hours of Total expenditure 2024 Transformation
employees training for
147
on staff training
employees Outstanding Contribution Award and Upgrading Award Credit rating AAA
20.2511850304300
Invention patents
% Hours RMB 27
Total expenditure Public welfare
on production safety investment Utility model patents
26675001025000120
RMB RMB
07 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 0801 Stability and Prosperity Key IssuesEvergreen Value ·ESG Governance
·Compliance & Governance
(1) Sustainability Management 11
·Business Ethics
(2) Robust Corporate Governance 17
·Anti-Corruption
(3) Adherence to Business Ethics 20
·Tax Transparency
(4) Ensuring Information Security 23
Highlight Performance/Major Action Strategies Alignment with the
United Nations Sustainable
Development Goals
· Revised the Working Rules of the Working Rules of the Strategy
Committee that the Strategy Committee of the Board of Directors is the
specialized agency responsible for the Company's ESG.·Attaching great importance to the diversification of the Board of
Directors with the proportion of female directors reaching 55.56%.·Invited stakeholders to rank the Company's materiality issues in terms
of “financial materiality” and “impact materiality” and identified
the Company's priority directions for ESG management.·Train our executives in anti-corruption anti-trust and anti-competitive
practices.·Establishing diversified whistleblower channels and adopting strict
measures to protect whistleblowers.Stability and Prosperity Evergreen Value EVERGREEN TECHNOLOGY
The Company's ESG management is deeply integrated into its corporate strategy ensuring that ESG development is highly consistent
Sustainability Management with the Company's long-term development direction. The Company has set up strategic plans in product technology innovation and R&D market expansion talent development ESG governance digitalization and investment and financing. By linking executive
compensation to key ESG performance the Company has clarified the responsibilities and obligations of executives in ESG manage-ment and promoted the practical realization of ESG objectives. Executives are directly responsible for key ESG indicators such as “zeroEvergreen Technology attaches great importance to sustainable development management and integrates ESG concepts into thegrade 8 injury rate” “quality compliance rate” and “customer satisfaction” reflecting the Company's high regard and commit-
Company's strategies and operations. The Company has established a comprehensive ESG management system regularly communi-
ment to ESG management. management.cates with stakeholders identifies and analyzes dual materiality issues and continuously strengthens ESG risk management to ensure
the Company's long-term sound development in the ESG field.
2 Stakeholder Communication
1 ESG Management Evergreen Technology is committed to building a transparent and efficient communication mechanism. The Company identifies key
stakeholders such as shareholders and investors government and regulatory agencies customers employees suppliers industry
Evergreen Technology continuously improves the Company's ESG management structure and operation mechanism. The Board of partners and the community and maintains close interactions with them through multiple channels. The Company regularly organizes
Directors serves as the highest decision-making body for ESG. In 2024 the Company amended the Working Rules of the Strategy shareholders' meetings investor exchange meetings and customer seminars to respond to the concerns of all parties in a timely
Committee to clarify that the Strategy Committee of the Board of Directors is the specialized agency responsible for the Company's ESG. manner and ensure the openness and transparency of information. At the same time the Company uses internal surveys supplier
The Company established the ESG Management Group as the management level to coordinate ESG matters and the ESG Working evaluations and community visits to gain a deeper understanding of the needs and expectations of employees suppliers and the
Group as the executive level to implement and promote ESG. community and incorporates their feedback into the Company's ESG management improvement measures.ESG Management Structure Response and
Stakeholder Expectations and Demands Communication Approach
Review and approve the Company's sustainable development strategies goals and significant
Board of matters related to social responsibility;
Directors Continuous growth of business Holds General Meeting of Shareholders
Regularly receive ESG work reports and receive updated information on ESG risks and opportunities at performance
least once a year. Publishes company announcements
Open and transparent corporate and periodic reports
information
Coordinate and manage ESG-related matters (including but not limited to climate change water Shareholders/Investors Organises performance
conservation biodiversity protection human rights management occupational health and safety Protecting shareholders' rights briefing sessions
Strategic community welfare and social participation etc.);
and interests
Investor service hotline
Committee Standardise corporate governance
Considering the Company's annual ESG report supervising and inspecting the Company's ESG Investor on-site research
target planning organization and implementation information disclosure and other related Risk Prevention
matters.Paying taxes in accordance with the law Disclosure of Information
ESG Establish ESG implementation mechanisms and evaluate ESG management methods; Drive employment Daily communication and reporting
Management
Team Responsible for key communication and coordination of ESG affairs. Government
Co-operation with regulatory
Comply with the business bodies for verification
and regulators
Promote economic development Participation in government
research activities
Implement and promote ESG management matters; Undertake social responsibility
ESG Working Policy Implementation
Group
Actively respond to stakeholders' opinions and inquiries regarding the Company's ESG affairs. Visits and Research
Issuance of compliance certificates
11 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 12Stability and Prosperity Evergreen Value EVERGREEN TECHNOLOGY
Response and
Stakeholder Expectations and Demands 3 Analysis of Issues of Dual ImportanceCommunication Approach
Through continuous communication with stakeholders Evergreen Technology taking into account the nature of the Company and the
Maintain long-term good Establishment of Customer Enquiry
co-operation and Complaint Hotline characteristics of the industry and with reference to domestic and international ESG-related standards and practices in the same
industry has screened out 24 important issues from the three major dimensions of the environment society and corporate governance
Provide high quality product service Customer satisfaction survey to form a list of important ESG issues which is disclosed as a key point in the report.Customers and complaint return visit
Honest transaction
Visit and research Strictly following the principles of materiality completeness and stakeholder participation the Company prepared two questionnaires
Protect the legitimate rights on financial materiality and impact materiality and invited stakeholders such as shareholders and investors employees customers
and interests of customers Product quality management system suppliers business partners industry associations media and government officials to participate in the survey. Based on the feedback
Product quality and service management Company official website and other mediafrom the questionnaires the Company conducted an assessment and analysis of materiality issues ranked them in terms of “financialmateriality” and “impact materiality” constructed a matrix of core issues and clarified the priority direction of the Company's ESG
management.Protecting Employee Rights and Benefits Improve compensation and benefit system
Sound career development channels Hold annual company meeting Environmental Management
Water Management
Open communication channels Holds labour union activities and Waste Disposal
Employees staff cultural and sports activities
Occupational Health and Safety Energy Management
Employee Congress Product Safety and Quality Responding to Climate Change
Employee Rights and Benefits Compliance & Governance
Talent Training
Employee satisfaction survey and Development Biodiversity Conservation
Occupational Health and Safety
Employee Diversity Cleaner Production
Conducting diversified employee training
R&D Innovation
Anti-Corruption
Environmental
Water Management ESG Governance Management
Develop procurement management practices Tax TransparencyMaintain long-term good co-operation
Energy Management
Cleaner Production Business Ethics
Biodiversity Conservation
Procurement is fair and transparent Open and fair bidding Responding to Climate Change Compliance & Governance
Information Responsible Sourcing
Suppliers Procurement with integrity Supplier vetting Waste Disposal Security and Privacy Protection Business Ethics ESG Governance
Tax Transparency Client Service Information Security and Privacy Protection
Compliance with business ethics Daily communication Social Welfare
Anti-Corruption
Visit and research Employee Diversity
Talent Attraction and Retention
Talent Attraction and Retention
Intellectual Property Protection Occupational Health and Safety
Mutually Beneficial and Win-Win Active association activities
Talent Training and Development
Industry Partners Open communication channels Participation in industry conferences Employee Rights and Benefits
Promote the development of the industry Product Safety and Quality
low Client ServiceFinancial Importance Tall
Responsible Sourcing
Communities Focus on and support for community Charitable Giving R&D Innovation
development
Participate in Voluntary Community Service Intellectual Property Protection
Social Welfare
13 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 14
Environmental Governance Social
Tall Importance of ImpactStability and Prosperity Evergreen Value EVERGREEN TECHNOLOGY
4 ESG Risk Management
Issue Strategy Impacts Risks and Opportunities Indicators and targets Chapter
Evergreen Technology has fully integrated ESG risk management into the Company's overall risk management process. The Company
ensures that ESG concepts are carried through the entire process of strategy formulation and execution by strengthening the risk
management awareness of ESG decision-making and management. The audit department as the supervisory department of ESG risk The Company adheres to the Quality problems can affect Customer Satisfaction ≥95% Pursuit ofmanagement conducts systematic audits on employee management quality management environmental management and safety quality policy of “pursuing customer satisfaction and Excellenceexcellence all for quality; serious problems may lead to a
management on a regular basis every year. Other functional departments actively cooperate with the auditing work to form a synergistic No more than 5 customer realizing commitment all for the decline in the company's market complaints per montheffect and ensure the comprehensiveness and effectiveness of ESG risk management. By closely integrating ESG work with daily opera- sake of customers” and share. Through the whole
tions the Company realizes all-round identification assessment and control of ESG risks and actively reduces potential risks. establishes a perfect product process of quality risk control we The rate of products passing the
quality management system. can improve the quality of our first inspection ≥98%
For the five issues of high “dual importance” we have summarized information on “strategy” “impacts risks and opportunities” products and win a better
“indicators and targets” etc. and focused on these issues for ESG risk management. We summarize the information on “Strategy” reputation.“Impact Risks and Opportunities” “Indicators and Objectives” etc. and focus on these issues for ESG risk management.The Company increases The R&D cycle is long the Innovate and develop new Driving
investment in R&D to enhance investment is large and may face products on the basis of existing Innovative
Impacts Risks
Issue Strategy Indicators and targets Chapter independent innovation R&D failure. The transformation main products to stabilize Developmentand Opportunities capability; deepens cooperation of R&D results can continuously growth points
among industries universities and optimize products and create
research institutes to accelerate new profit growth points. Other specific objectives are
The Company has established a The main compliance risks faced No violation of laws and Robust the transformation of technologi- listed in the section
systematic and multi-dimensional by the Company include the regulations Corporate cal achievements; and strengthens
risk management system to continuous updating of laws and Governance the protection of intellectual
ensure its compliant operation regulations and the complexity of property rights to enhance the
through sound control procedures cross-border operations. By core competitiveness of the
and special supervision mecha- operating in compliance we are enterprise.nisms. better able to obtain government
support and establish a good
brand image. Strengthen environmental Environmental non-compliance Solid waste to reduce pollution Strengthening
protection and realize green may face penalty notification. 100% up to standard treatment Environmental
development. Implement Through sound environmental Management
energy-saving and emission management companies can Waste gas waste water
The Company adheres to the Hazardous substance exposure Zero poisoning electrocution Ensuring reduction measures promote avoid fines and gain recognition discharge standards
safety production principle of and noise may affect the and fire accidents Health and environmentally friendly from stakeholders."Safety First Prevention Foremost physical and mental health of Safety technologies and products and
and Comprehensive Manage- employees. By strengthening No fire and explosion accidentsZero casualties Occupational reduce environmental pollution in
ment". safety control we can achieve a disease incidence rate is zero the production process.win-win situation for both No chemical leakage accidents
employees and the Company. Labor insurance facilities issue
rate 100%
No more than 4 minor injuries/-
year
15 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 16
Product Safety and Quality R&D Innovation Environmental Management
Compliance & Governanc Occupational Health and SafetyStability and Prosperity Evergreen Value EVERGREEN TECHNOLOGY
Robust Corporate Governance The Company builds a diversified Board of Directors to enhance the effectiveness of the Board of Directors strengthen its competitive
advantage and promote sustainable development. The Company has always adhered to the concept of diversity and when screening
candidates for the Board of Directors the Company takes into account multi-dimensional factors such as professional experience skills
Evergreen Technology has always regarded corporate governance as the cornerstone of sound development and has built a scientific knowledge gender age cultural background ethnicity and years of service and is committed to building a Board structure that is both
and efficient governance structure and decision-making mechanism. The Company improves risk management and ensures operation- broadly representative and professionally competent. As of the end of the reporting period Evergreen's Board of Directors consisted of
al compliance and sustainability through its internal control system and risk warning mechanism creating long-term value for 9 members including 3 independent directors with 55.56% of female directors and 33.33% of independent directors and the
shareholders and stakeholders. Chairwoman of the Board of Directors is a woman while there is one female independent director further ensuring the independence
impartiality and diversified perspectives of the Board of Directors.The Company has formulated the Information Disclosure Management System and the Investor Relations Management System
1 Corporate Governance which clearly stipulate the scope of information disclosure the process of reporting external information and the requirements for
confidentiality to ensure the truthfulness accuracy completeness and timeliness of the Company's information disclosure and to
provide investors with reliable information support. During the reporting period Evergreen Technology disclosed 46 announcement
Evergreen Technology continues to optimize its corporate governance and is committed to building an efficient and transparent
documents 4 periodic reports and 42 interim reports.governance system to ensure sound operation and sustainable development of the Company. The Company has established a
governance structure centered on the General Meeting of Shareholders the Board of Directors the Supervisory Committee and the
In order to establish a smooth communication channel with investors and potential investors the Company has set up an investor
Board of Managers and has formed a perfect internal control system laying a solid foundation for the long-term development of the
relations management column on its official website and receives and responds to investors' inquiries and suggestions in a timely manner
Company. The Board of Directors has set up four specialized committees namely the Nomination Committee the Audit Committee the
via e-mail and the Interactive Easy platform. In addition the Company has also set up a special investor consultation telephone and fax to
Compensation and Assessment Committee and the Strategy Committee to strengthen the science and effectiveness of daily operation
provide investors with a convenient means of communication to effectively protect the legitimate rights and interests of investors and to
and management and decision-making on major matters. The management strictly follows the resolutions of the Board of Directors
further enhance the trust and cooperative relationship between the Company and investors. During the reporting period Evergreen
actively promotes the achievement of annual production and operation targets and continuously improves operational efficiency and
Technology held 1 investor reception day and received 4 investors; organized 1 performance briefing the Company responded to the
competitiveness through lean management and optimization of industrial structure. As at the end of the reporting period the percent-
number of investor questions through the investor interactive platform 69 the response rate of investor questions was 100%.age of independent directors on the Audit Committee the Remuneration Committee and the Nomination Committee was 66% the
average term of office of members of the Board of Directors was 3 years the percentage of the number of independent directors with a
term of office of more than 6 years was 0 and the percentage of the number of independent directors who have served as independent
directors in more than 3 listed companies was 0.Organizational Structurey Shareholders' Meeting
Supervisory 55.56% 33.33%
Board Female directors Independent director
Nomination Committee Board of
Directors 46 4 42
Audit Committee
Secretary to the Board Proportion Proportion Announcement Periodic reports Interim reports
Compensation and documents
Assessment Committee
Strategy Committee General
Manager
During the Held investor Received Organized Reply to the Investor response
reporting period reception day investors performance briefing number of rate to questionsinvestor questions
Evergreen
Technology 1 4 1 69 100
Time Person-time Time %
17 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 18
Securities Affairs Department
Audit Department
Strategic and Investment
Financing Department
Foreign Subsidiaries
Domestic Subsidiaries
Human Resources
and Administration Center
Finance Center
Supply Chain Center
Technology Research
and Development Center
Operations Department
Marketing CenterStability and Prosperity Evergreen Value EVERGREEN TECHNOLOGY
3 Tax Administration
2 Risk Management Evergreen Technology attaches great importance to the compliance and transparency of tax management and strictly abides by
domestic and international tax laws and regulations. The Company has established a comprehensive tax management system with the
Evergreen Technology has established a systematic and multi-dimensional risk management system to ensure the Company's compli- Finance Department as the main responsible department and the Audit Department as the supervisory department to ensure the
ant operation through comprehensive control procedures and special supervision mechanisms. The risk management of the Company accuracy and timeliness of tax declaration payment and reporting. The company actively organizes employees to participate in tax-re-
is supervised and managed by the Audit Committee under which the Audit Department is set up as the main executive department to lated training to enhance their professional ability.coordinate the assessment management and mitigation of the Company's risks. During the reporting period the Company revised the
Internal Control Management Manual to reasonably ensure that the operation and management of the Company is legal and compli-
ant and to facilitate the realization of the Company's development strategy. The Company revised the Table of Control Authority of
Parent and Subsidiaries of Evergreen Technology to further clarify the management authority and division of responsibilities between
parent and subsidiaries. The Company standardized the approval process of each business link to realize the digitization and high
efficiency of the approval process. In 2024 the Company formulated or revised 108 internal control management systems for each
functional department to ensure the comprehensiveness and applicability of the internal control system. The Company also continued Adherence to Business Ethics
to improve the quality system documents and EHS management and other system documents to provide institutional guarantee for the
effective implementation of risk management.Evergreen Technology adheres to the concept of honesty and integrity and takes business ethics as the core guideline for corporate
development. The Company strictly enforces its anti-corruption policy and is determined to eliminate any form of bribery and fraud. The
In the process of risk identification and early warning the Company systematically identifies and evaluates potential risks by making
Company is committed to preventing major incidents of bribery; to requiring those involved to avoid conflicts of interest; to acting with
lists and collecting inspection information; comprehensively improves the risk awareness of employees through training and interviews;
complete transparency and denouncing any unlawful attempts to gain advantage; and to respecting the rules and principles of fair
monitors the risk dynamics in real time; effectively prevents potential risks by formulating contingency plans and emergency response
competition.plans; and finds and disposes of potential risks in a timely manner through on-site inspections and patrols. The Company ensures the
dynamic optimization and long-term effectiveness of risk management measures through continuous improvement programs and
tracking mechanisms.
1 Anti-Corruption
The special supervision work carried out by the Company in 2024 covered the construction of the structure and responsibilities of each
functional department the establishment and improvement of internal control systems the auditing of fund-raising funds and Evergreen Technology has formulated the Code of Business Conduct to further strengthen the work requirements of fair trade and
connected transactions in each quarter the review of financial reports and the auditing of the main business modules such as sales integrity compliance and provide clear norms and guidance for the integrity behavior of employees at all levels. The Company has set
purchasing production and warehousing so as to ensure that there is no corruption in each department and third parties. The Compa- up an Integrity Supervision Group consisting of the Administration Department the Finance Center and the Audit Department which is
ny ensures compliance and standardization of all business activities through voucher compliance checks and on-site inspections of fully responsible for the supervision and implementation of integrity management to ensure that the construction of integrity culture is
subsidiaries. The Company attaches great importance to the issues identified by internal audits and has established a monthly assess- put into practice. As of the end of the reporting period Evergreen Technology has not been penalized for any violation of relevant laws
ment mechanism whereby the Audit Department assesses the rectification status of each department on a monthly basis. Each depart- and regulations in the social and economic fields which fully reflects the Company's excellent results in integrity management. During
ment actively implements the rectification measures. As of the end of the reporting period the number of internal audits was 30 and the reporting period the number of major corruption litigation proposals of the Company was zero.the completion rate of rectification of the problems found by the audits reached 93.5%.The Company builds a clean culture ecosystem with all stakeholders by deeply conveying the requirements of business ethics and
Through a systematic and multi-level training system the Company conducts training on the revised Internal Control Management anti-corruption to all employees and suppliers adding clean management regulations to the Employee Handbook educating and
Manual and other documents combines practical exercises explains the corresponding revisions and improvements of the manual training all employees on clean management regulations and actively promoting the signing of the Supplier Integrity Agreement.optimizes the enforceability and design effectiveness and ensures that the management personnel of all departments have an in-depth During the reporting period the signing rate of the Supplier Integrity Agreement was 94.4% and the coverage rate of training of
understanding of and effectively implement the requirements of the internal control system. employees on integrity management regulations was 100%.
108 93.5 The Company actively carries out anti-corruption training covering the importance of anti-corruption laws regulations and ethical 30 norms the positioning of the responsibilities of executives and employees and the application of internal audit. The Company Times % vigorously publicizes corruption and bribery-related laws and regulations and internal systems emphasizes the exemplary role of
Revised internal control Number of Rectification senior executives in anti-corruption and requires them to lead by example promote the implementation of a clean culture and build
management systems internal audits completion rate
up a strong anti-corruption line of defense. During the reporting period Evergreen Technology's anti-graft training hours totaled 790
hours and the number of training attendances reached 790 covering 100% of the employees.
19 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 20Stability and Prosperity Evergreen Value EVERGREEN TECHNOLOGY
2 Antitrust and Fair Competition 3 Whistleblower Protection Measures
Evergreen Technology strictly abides by relevant laws and regulations such as the Law of the People's Republic of China Against Evergreen Technology has formulated the Whistleblowing and Supervision Management Regulations to establish a smooth channel
Unfair Competition and the Anti-Monopoly Law of the People's Republic of China and regards fair competition as the basic principle of for supervision and reporting and to put an end to acts that violate laws and regulations damage the interests of the enterprise and
business operation. The Company has established a perfect anti-monopoly compliance management system which clearly defines the violate the Company's management system. The Company establishes diversified reporting channels encourages all employees to
boundaries of market competition behavior and ensures that monopolistic behavior and unfair competition are eliminated in the report violations of laws and regulations the Company's system and ethical standards and takes strict measures to ensure the
course of business development. Evergreen Technology regularly organizes its employees to participate in training on anti-monopoly confidentiality of the informant's information the security of the reporting channel and the personal safety of the informant. Report
laws and regulations to enhance the compliance awareness of all staff. During the reporting period the Company conducted anti-mo- handlers will strictly keep the name organization contact information and other personal information of the whistleblower confiden-
nopoly and anti-unfair competition training for members of the Board of Directors and senior executives with a total training time of 7.5 tial and carry out investigations without revealing the identity of the whistleblower to ensure that the whistleblower will not be subject-
hours and 15 participants. ed to any form of blowback or retaliation as a result of legitimate reporting. During the reporting period the Company did not have any
whistleblower cases.With a total training time Participants
7.5 Hours 15 Person-time
Reporting channels
Case Evergreen Technology's Antitrust and Unfair Competition Training for Board of Directors and Executives
Internal hotline:
Evergreen Technology conducted anti-monopoly and anti-unfair competition training which covered the core provisions of
the Anti-Monopoly Law of the People's Republic of China and the Law of the People's Republic of China Against Unfair 0519-68867992
Competition and analyzed the legal risks of monopoly agreements abuse of dominant market position commercial
bribery and false publicity in conjunction with typical cases. The Company emphasizes the leadership responsibility of the External hotline:
senior management team requiring them to set an example and lead all staff to practice the compliance requirements.Board members and executives gain a deep understanding of the practical application of laws and regulations to ensure
that monopoly and undue competition are eliminated in their daily business. 0519-68867993
Supervision mailbox:
Complaints can be submitted anonymously or with real names to the supervision mailbox which is opened by supervisors
once a week.Email:
Electronic complaint materials can be sent to the Company's general manager's supervision mailbox or the Company's
supervision email (dingjing@cearail.com).Human Resources and Administration Center:
Complaint materials can be submitted directly to the office.Direct confrontation:
Whistleblowers can have face-to-face discussions with supervisors and submit complaints directly to them.
21 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 22Stability and Prosperity Evergreen Value EVERGREEN TECHNOLOGY
Ensuring Information Security
Evergreen Technology attaches great importance to information security management and is committed to the responsible manage-
ment of confidential information as an important part of corporate governance and sustainable development. The Company has formu-
lated the IT Management System and the Network Emergency Response Plan to establish a perfect information security manage-
ment system to ensure the security and stability of the information system. The Company has set up a working group on computer
information system security protection which is responsible for the emergency handling of network emergencies and ensures that it
can respond promptly and take effective measures in the event of a security incident. The Company standardizes the management of
hardware and software assets by clarifying the process of acquisition deployment maintenance and scrapping of IT assets to ensure
the reasonable use and protection of information resources. During the reporting period there was no incident in which the Company
was penalized by relevant authorities for violating laws and regulations relating to information security and privacy protection.Website Management and Security Measures Data Backup and Disaster Recovery
Websites are equipped with information auditors Establish sound mechanisms for timely backup of
and security managers. important data and recovery of catastrophic data.Strict implementation of computer network
security management systems.Standardized management of internet access
locations such as offices and computer rooms.Dedicated personnel and log retention
for internet-connected computers.Emergency
Measures
for Network
Prevention and Handling of Harmful Incidents Security Measures for
Information and Malicious Attacks Computer Network Equipment
Information officers in each department act as the first Ensure effective fire theft lightning and unauthorized
line of defense promptly deleting harmful information access prevention for computer network equipment.after preserving original data.All confidential computers are strictly prohibited from
The IT department serves as the second line of defense accessing the international internet following the
responsible for monitoring and auditing all informa- principles of dedicated networks machines personnel
tion promptly handling harmful information. and usage and implementing physical isolation.Computers connected to the international internet
must not store files involving state secrets work
secrets or business secrets.
23 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 2402 Innovation for Empowerment Key IssuesEvergreen Quality ·Product Safety and Quality
·Client Service
(1) Pursuing Excellence in Quality 27
·Intellectual Property Protection
(2) Driving Innovative Development 33
·R&D Innovation
(3) High Quality Customer Service 37
Alignment with the
United Nations Sustainable
Highlight Performance/Major Action Strategies Development Goals
·The Company has obtained ISO 9001 quality management system
certification and DIN6701 bonding quality management system
qualification.·The Company has obtained IRIS ISO 22163 International Railway
Industry Management System Standard Certification and Silver Medal
for Quality Performance Level.·The list of Changzhou Intelligent Manufacturing Workshop (the second
batch) in 2024.·The Company has passed GB/T 29490:2013 Intellectual Property
Management System Certification.·There are 17 software copyrights and 147 patents including 27
invention patents and 120 utility model patents.·Cooperation with Hohai University and Chengdu University on “R&D ofCurved Cold Forming Equipment” and “R&D of Safety and Comfort ofVehicle Flooring System” respectively.·In 2024 our average customer satisfaction score was 95.94.Innovation for Empowerment Evergreen Quality EVERGREEN TECHNOLOGY
The Company has obtained ISO 9001 quality management system certification IRIS ISO 22163 international railroad industry manage-
Pursuing Excellence in Quality ment system standard certification and DIN6701 bonding quality management system qualification and continues to maintain the effective operation of the quality system.Evergreen Technology adheres to the quality policy of “Pursuing excellence all for quality; realizing commitment all for the sake ofcustomers” establishes perfect product quality management system ploughs into green manufacturing intelligent manufacturing
improves product quality and establishes digital and data management system for the Company's own products technology process
equipment and quality relying on the informatization system to enhance the company's core competitiveness. management system of
products technology process equipment and quality to enhance the Company's core competitiveness.
1 Quality Management
Evergreen Technology strictly abides by the laws and regulations of the countries and regions where the whole life cycle of the products
are located and formulates the Quality Manual the Quality Assurance Measures for Suppliers the Outsourcing Control Procedures
and other systems to clarify the quality responsibility and authority of each level and the Quality Assurance Department has set up three
major functional teams of QA QC and QE to strictly fulfill the relevant quality functions. We establish a quality management system for Evergreen Technology ISO 9001: Evergreen Technology IRIS ISO 22163 International Evergreen Technology IRIS Certified
2015 Quality Management System Certification Railway Industry Management System Quality Performance Level Silver
the whole process of product design production inspection use and aging maintenance standardize our own quality management Standard Certificate of Authentication
requirements and those of our supply chain partners enhance the internal and external quality awareness clarify the process of dealing
with quality accidents and control the risk of product quality.The Company has a complete and transparent quality inspection system and the industry's first-class testing laboratory the core
testing capabilities are mechanical properties: tensile strength compressive strength impact toughness abrasion resistance bending
performance fatigue testing; environmental protection and health and safety: TVOC (volatile organic compounds) testing formalde-
hyde testing; durability and reliability: high and low temperature cycling test heat and humidity aging test; simulation of the climate
environment: salt spray test Damp heat alternation test three-dimensional reverse modeling etc.. From material selection confirma-
tion design verification process re-inspection to mass production quality confirmation to ensure product stability and reliability.Quality objectives for 2024 Attainment of standards
Customer satisfaction ≥95% Accomplish
Evergreen Technology DIN6701 bonding quality Certification to EN 15085 Standard System
management system qualification for Welding of Rail Vehicles and their Components
certificate - the first domestic enterprise issued
No more than 5 customer complaints per month Accomplish by the German TBB Cert Certification Center
Pass rate of one-time inspection of products ≥98 Accomplish
27 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 28Innovation for Empowerment Evergreen Quality EVERGREEN TECHNOLOGY
2 Enhancing Product Quality 3 Intelligent Manufacturing
In order to ensure orderly production and stable and improved product quality Evergreen Technology has set up a three-level quality Evergreen Technology actively promotes the optimization and innovation of the manufacturing process uses intelligent manufacturing
improvement management structure formulated the Process Discipline Inspection and Incentive Management System and the to promote “quality” upgrading and continuously improves the quality management capability. The Company successfully integrat-
Continuous Improvement Control Procedures and regularly carries out the management work such as process discipline inspection ed UFIDA ERP PLM and other software real-time tracking of the whole production process of material control breakthroughs in key
and supervision and issues Process Discipline Inspection PDCA Forms for the problematic points found in the on-site inspection and technologies combined with the Internet's numerical control machine tools and other core production equipment to build a highly
arranges for the corrective actions by the corresponding workshops or departments; For each workshop monthly process discipline efficient transparent and controllable intelligent workshop.implementation rate rectification completion of the implementation of positive or negative performance incentives the Company's
various departments and workshops to promote the steady improvement of product quality.The Company's customers regularly cooperate with the Company's various departments to hold QCD meetings the Company's product
quality scoring and at the same time for the Company's quality management to put forward the corresponding recommendations to Intelligent Level of integration
promote the Company's quality management improvement. Manufacturing Capability of dualization
Maturity Level
Technology Research and Grade II Grade III
The manager of the Company Development Center Each department
Main Responsibilities Main Responsibilities Main Responsibilities
Create a company-wide continu- Develop and organize the Implementing improvements on Evergreen Technology
ous improvement atmosphere implementation of the annual the ground Intelligent Workshop
and make decisions on major system improvement plan Highlights
improvement projects
Organize planning for continuous
improvement of systems and
products
Listed on the 2024
Industrial Information Changzhou Intelligent
Security Diagnosis Manufacturing Workshop
(Second Batch)
Recognition
In addition the Company conducts external Grade II
training on quality management system and List
quality awareness for each team leader and
functional middle-level personnel and also
carries out internal training on quality manage-
ment and product quality control regularly
summarizes and analyzes quality issues and
proposes improvement measures.The construction of intelligent manufacturing workshop realizes quality improvement efficiency cost reduction and consumption
reduction and the defective rate of products in the production process is about 0.3%.ISO22163 Quality System Training
29 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 30Innovation for Empowerment Evergreen Quality EVERGREEN TECHNOLOGY
Evergreen Technology Smart Workshop Ecosystem 4 Product Recall
By integrating UFIDA ERP PLM and other systems it realizes comprehensive digital The Company has formulated the Non-conforming Products Control Program to prevent defective products from entering the market Comprehensive digital
management from design production to sales and improves the efficiency and to build up brand reputation in all aspects and to promote the steady development of the business. Any department of the Company management
accuracy of information processing. has the obligation to discover non-conforming products and feedback to the Quality Department. The Company categorizes the
non-conforming products according to the aspects of safety environmental protection flame retardant requirements quality hazards
product structure etc. and adopts the treatment of returning reworking repairing yielding acceptance or scrapping for the non-con-
forming products. During the reporting period there was no product recall by the Company.UFIDA's customized production process management system works in conjunction
with the online equipment monitoring system to ensure that production is executed
Intelligent production according to the optimal strategy. Evergreen Technology Product Recall Process
execution
The introduction of high-end numerical control machine tools and other intelligent
equipment in the workshop has further improved the level of production automation
and product quality. Recall Procedure Delivery
The core hardware equipment such as CNC machine tools are networked and
Production data real-time controlled by PLC the production data can be synchronized in real time to the online
synchronization monitoring system of the equipment as well as the public cloud platform providing
timely and accurate data support for production monitoring and decision-making. Customer complaint/Internal
discovery of non-compliance Inspection
passed
Through the integrated application of PLM system with CATIA and CAD the design data
Seamless integration between
can be directly transformed into production instructions which reduces the error of
design and production
information transmission and improves the production efficiency and product quality. Organize project Scrap
team review Repair Rework handling
Issue recall notice Physical review
to customers
Obtain customer
consent Recall
Intelligent Workshop and Equipment
31 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 32Innovation for Empowerment Evergreen Quality EVERGREEN TECHNOLOGY
Driving Innovative Development 2 New Directions for BusinessEvergreen Technology adheres to the business development goal of “based on ‘sandwich’ lightweight composite materials andIn the journey of professional development Evergreen Technology has always adhered to the innovation concept of “green strives to realize multi-disciplinary applications” and actively responds to the national industrial policies of energy conservationenergy-saving assembly integration and sustainable development” continuously enhanced its independent innovation capability environmental protection green and low-carbon as well as lightweight and assembly. At the level of technology research and develop-
and strength and improved its scientific research production and supporting capabilities to empower its own development. ment the Company is committed to the in-depth research and development of new processes and new products of various types of
“sandwich” lightweight composite materials and constantly explores the innovation path of modularization integration and assem-
bly. At the level of market expansion on the basis of stabilizing the existing market areas the Company is actively expanding to new
applications such as cruise ships and various types of vehicles and continues to develop the international market so as to become a
1 Research and Development Innovation leading supplier of “sandwich” lightweight composite materials in the world.
Evergreen Technology continues to optimize its own science and technology innovation structure formulating the Research and The Company has formulated the New Product Development Control Procedures and the Medium and Long-term Planning for New
Development Innovation Project Management System establishing a management system with the Technology Research and Product Development to set the overall objectives of new product development and at the same time to ensure that the product
Development Department as the main responsible department for innovation and research and development innovation(R&D) clarify- development process is carried out in an orderly manner to control the quality of the product at its source and to prevent the
ing the responsibilities of personnel at all levels and other functional departments and covering the requirements related to project occurrence of batch product quality problems.classification project initiation evaluation implementation completion registration of results and rewards. In addition the Company
encourages employees to actively participate in innovation provides employees with the necessary resources and support and gives New product Development Milestones
timely rewards and recognition to contributing teams and individuals. In principle the Company holds a scientific and technological 2028~2029
conference once a year declares different awards acquires rewards commission rewards and assessment rewards in three ways and
implements hierarchical management of graded rewards. Further implantation of digitalization and artificial intelligence in the whole process from design
research and development manufacturing maintenance services supply chain management
At the same time the enterprise also cooperate with customers to declare the declaration of relevant innovation projects such as the and products will help the Company's sustainable development.company undertook the Shanghai Grand Opera House project the use of oversized ultra-thin shaped stone honeycomb panels the side
for the first time using the plug connection system for the product production process of innovative technology workmanship for the
relevant research declared the “a plug type stone honeycomb panels hanging installation system” and “curved multi-fold modelingstone honeycomb panels manufacturing process Utility model patent is preparing “oversized shaped stone honeycomb panel manu- 2026~2027facturing application” thesis.In 2024 the Company started the construction of technology research and development center marking the Company's innovation and Deeply plowing the domestic market and expanding foreign markets product research
development in the field of “sandwich” lightweight composite materials and took a solid step forward. At present the Company has and development should keep up with the needs of the times and lead the develop-
obtained the certification of National High-tech Enterprise Provincial Technology Center and Provincial Specialized and Specialized ment of industry segments.New Enterprise. As of the end of the reporting period the Company's R&D investment amounted to RMB 31129700 with 115 R&D
employees accounting for 14.56% of the Company's total number of employees.
2024—2025
Innovationally expand the application scope of products beyond rail vehicles
Company's R&D investment amounted and promote the research and development of new products through
31129700 multiple channels and in all aspects so as to open up new growth points in RMB the fields of special vehicles ships aviation and other areas.Conduct in-depth
innovative research and development of new products based on the existing
leading products to stabilize the growth points.R&D employees Accounting for
115 14.56% Groundbreaking Ceremony for Evergreen Technology's Technology R&D Center Construction Project
33 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 34Innovation for Empowerment Evergreen Quality EVERGREEN TECHNOLOGY
The Company's major new product development during the reporting period 3 Intellectual Property Protection
Software copyrights
As a pioneer in the development and application of sandwich com-
01 Enhanced airtight escape door systems 08 One-piece shaped aluminum honeycomb sunshade louvers posite products in China Evergreen Technology attaches great 17
Enhancement of airtight evacuation doors in terms of function The use of one-piece shaped decorative surface layer reduces the importance to the enhancement of innovative R&D strength and
material selection structure load bearing safety fire protection and appearance of large shaped decorative pieces of slits and improves the protection of intellectual property rights. The Company has Patents
longevity as well as improvement and upgrading of the processing the appearance of decorative pieces of decorative effect to meet the passed GB/T 29490:2013 Intellectual Property Management System
and manufacturing technology of existing escape systems. market's increasing demand for decorative effect.Certification and has arranged specialists to be responsible for 147
patent application and maintenance and signed confidentiality
Polyhedral Aluminum Honeycomb agreements with relevant employees to guarantee the safety of the 02 Specialized locks for cab partitions 09 Invention patentsPanel Decorative Wing Company's core technology and create a strong backing for R&D
In an emergency press the handle to unlock the door with or Adoption of assembly mounting structure breaks through the activities. As of the end of the reporting period Evergreen Technol-
without the safety on. manufacturing bottleneck of ultra-long and ultra-large specification 27ogy has 17 software copyrights and 147 patents including 27 inven-
decorative wing construction and realizes the innovative use of
honeycomb panels. tion patents and 120 utility model patents.Evergreen Technology GB/T 29490: Utility model patents
2013 Certificate of Intellectual Property
Management System Certification
03 Cruise ship interior decoration 10 Sound-absorbing and noise-reducing stone honeycomb panels 120
Structural design using HPL veneer aluminum sheet aluminum Through special construction design combined with special
honeycomb and aluminum plate to achieve high strength light sound-absorbing materials and composite technology the stone
weight environmental protection and high quality. honeycomb panel realizes the function of sound-absorbing and
noise-reducing.
4 Industry-academia-research Cooperation
04 Dedicated special square pods 11 Self-locking honeycomb panels
New composite materials (aluminum honeycomb panels) are used Customized pin structure is used and precision structural design is As for the cooperation between industry academia and research the Company has set up a technology center formulated the manage-
to replace traditional materials to improve product quality; applied to achieve maintenance replacement of close-packed ment charter of the technology center equipped with all kinds of research and development equipments and become the only intern-
advanced sealing technology is used to ensure the sealing honeycomb panel structure. ship base of Harvard University's Department of Architecture in China for lightweight curtain wall materials recognized by Changzhouperformance of the square cabin during transportation. Municipal Bureau of Science and Technology as “Changzhou City Railway Vehicle Lightweight Interior Products and EquipmentEngineering and Technology Research Center” and recognized as “Provincial Enterprise Technology Center” by the provincial
12 Ultra-thin honeycomb stone louvers Department of Industry and Information Technology. It is recognized as “Provincial Enterprise Technology Center” by Changzhou
05 Swivel cantilever seat Replaces traditional stone louvers reduces the weight of stone Science and Technology Bureau and “Provincial Enterprise Technology Center” by Provincial Department of Industry and Informa-
Self-developed adapted to hard surface + soft package seats for rail louvers and improves the safety of the perimeter decorative tion Technology. Meanwhile the Company has established the Management System of Industry-University-Research Cooperation to
vehicles. Reversible soft surface soft and warm in winter; soft structure. carry out long-term industry-university-research cooperation with Hohai University.package surface can also be replaced.In 2024 we collaborated with Hohai University and Chengdu University on the research and development of curved cold-formed
13 Passenger flow density analysis system
molding equipment and the research and development of vehicle floor system safety and comfort respectively.
06 New Wires Herting for Heated Floors Counting the number of passengers special behavior detection and
The structural design of aluminum plate fiberglass mesh electric left-behind reminders. It also guides passengers to divert and
wires heating PET foam board and aluminum plate is used to enhance the comfort of the ride.achieve high thermal efficiency low energy consumption long life
and easy installation.
14 Visualization of emergency alarms and integrated noise detection
Train control center can be the first time to intuitively understand
07 Assembled modeling stone the train inside the emergency call triggered by the personnel and honeycomb panel system the surrounding situation while the integration of noise detection is
The assembly installation structure improves on-site installation conducive to the simplification of the system equipment to enhance
efficiency and enhances the building assembly rate which is a green the competitiveness of the product.building decoration product.Industry-university-research cooperation on-site meeting
35 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 36Innovation for Empowerment Evergreen Quality EVERGREEN TECHNOLOGY
In 2024 Evergreen Technology received a number of letters of appreciation from customers in which the Company's efforts and
High Quality Customer Service achievements were fully recognized and highly praised which demonstrated Evergreen Technology's core competitiveness and com-
prehensive strength in technological innovation and business management and was the best return for our team's hard work. During
the reporting period Evergreen was awarded the“ Best Supplier of ALSTOM”.Taking customer satisfaction as the highest goal Evergreen Technology provides high-quality system solutions for domestic and
foreign customers who trust and support us and does its best to solve customers' problems.
1 Service System
Evergreen Technology's main customers are located in many countries around the world as well as all over the country. the Company
has formulated a series of system documents such as“ After-sales Control Program” and“ Customer Satisfaction Control Program” to
ensure the quality of operation from the customer's whole life cycle quality service. in 2024 our average customer satisfaction score
was 95.94 points and our customer complaints resolution rate was 100%.Domestic
Partners Shentong ALSTOM Hangzhou Zhongche Vehicle Co.Ltd. ALSTOM's best supplierAppreciation Letter Appreciation Letter
International
Partners
2 Responsible Marketing
Pre-sales On sale After-sales The Company is committed to responsible marketing and guarantees transparency in product labeling. The Company has formulated
the Labeling and Traceability Control Procedure to mark its products to prevent mixing and misuse of products of different batches
Action Action Action and states and to ensure that the process of product formation can be traced when needed. The Company's product marking methods
Continuously develop and upgrade Timely response to customer needs Customer satisfaction surveys and include material identification cards signs engraving etc. Product marking is required to contain at least the Company name or
new products according to the most solve the use of difficult problems development of corrective and company logo material number/figure number/model number/production order year number/batch number glue and paint and
cutting-edge market information so preventive measures based on com- other chemicals including the date of production and expiration date.that the Company's technology and ments and suggestions made by
products can be adapted to the Credit operations management customers
latest needs of users and improve We do this to ensure that our customers and end-users have access to information on the safe use of our products environmental
customer stability and adhesion compliance material labeling and so on. At the same time the Company clearly displays the Company's key performance in social
Develop the Customer Complaint Accounts Receivable Monitoring and environmental aspects in the ESG report which facilitates customers to make informed purchasing choices. During the reporting
Statistics Form and resolve custom- period the Company did not have any violation incidents involving product and service information and labeling.Customer credit evaluation manage- er complaints according to regula-
ment realizing the prediction and tions
assessment of credit risk
37 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 3803 Green Low-Carbon Key IssuesEvergreen Priority ·Environmental Management
·Energy Management
(1) Strengthening Environmental Management 41
·Water Management
(2) Practicing Green Operations 45
·Waste Disposal
(3) Responding to Climate Change 51
·Responding to Climate Change
(4) Compliant Pollution Emissions 54
·Cleaner Production
Highlight Performance/Major Action Strategies Alignment with the
United Nations Sustainable
· Development GoalsThe Company has passed GB/T 24001-2016/ISO14001-2015 environ-
mental management system certification and ISO 50001 energy
management system certification.· The Company is committed to promoting green design use of raw
materials manufacturing green packaging and environmental
protection measures throughout the life cycle of use and recycling.· Reduce waste emissions at the source through measures such as the
use of recyclable raw materials and the reduction of the use of hazard-
ous substances.· Insisting on technological innovation adopting advanced technology
and equipment improving the efficiency of building energy-saving and
promoting the photovoltaic construction project the Company
generated about 3034600 kWh of photovoltaic power during the
reporting period partly for self-use and 2386900 kWh of power for
self-use.Green Low-Carbon Evergreen Priority EVERGREEN TECHNOLOGY
Strengthening Environmental
The Company actively practices clean production and comprehensively promotes green manufacturing and efficient utilization of
Management resources. The Company reduces the generation of pollutants at source by optimizing the production process and reducing the consumption of raw materials and energy. The Company introduces advanced environmental protection technologies and equipments
to efficiently treat waste gas waste water and solid waste generated during the production process to ensure that the emissions meet
the standards. During the reporting period Evergreen Technology was assessed as “Green Factory of Jiangsu Province” by the Provin-
Evergreen Technology regards environmental management as an important pillar of sustainable development and has established a
cial Department of Industry and Information Technology.comprehensive environmental management system. The Company comprehensively evaluates the environmental impact factors in its
operations through a systematic environmental risk identification mechanism. The Company has formulated a scientific environmental
emergency plan to ensure a quick response in case of environmental emergencies and effectively reduce environmental risks. During
the reporting period the total environmental protection investment of the Company amounted to RMB1331100.
1 Environmental Risk IdentificationEnvironmental Management System 2
Evergreen Technology carries out environmental risk assessment on a regular basis and sets up corresponding preventive and control
Evergreen Technology always adheres to the concept of green development strictly abides by the measures for the identified risks so as to continuously improve and perfect the Company's environmental risk management. The
Environmental Protection Law of the People's Republic of China and other laws and regula- Company establishes and improves the responsibility system of hidden danger investigation and management from the main person in
tions and formulates internal documents such as the Environmental Occupational Health and charge to each operator and organizes the formulation and implementation of the responsibility of hidden danger investigation and
Safety Management Manual. The Company implements the general manager responsibility management and monitoring from the environmental safety management personnel to each practitioner so as to form a mechanism
system and the general manager clarifies the management responsibilities of all departments at of investigation and management for all personnel to investigate the environmental hazards; and supervises and inspects the environ-
all levels and provides the resources required for environmental and occupational health and mental safety work of the Company to eliminate the hidden dangers of environmental safety accidents in a timely manner.safety operation. The Company has passed GB/T 24001-2016/ISO14001-2015 environmental
management system certification. During the reporting period the Company complied with the
GB/T 24001-2016/ISO14001-2015 environmental management system after an on-site audit by a Type of risk Existing risk prevention and control emergency response
third party.Workshops warehouses and office areas are equipped with fire extinguishers indoor fire hydrants
emergency lighting fire alarm devices and emergency pumps. The main workshop is equipped
ISO14001 Environmental Management with lightning protection and anti-static facilities.System Certification
Fire explosion The plant has outdoor fire hydrants.During the reporting period the Company set the following 完成情况 The hazardous waste dump is equipped with fire extinguishers yellow sand bins and collection environmental targets trench monitoring probes.Solid Waste Reduces Pollution and Meets 100% of Standards Completed Stormwater outfalls have been installed.Leakage The plant is equipped with an accidental emergency pool of about 270m3.Targets for meeting emission standards for waste gas and waste water Completed Exhaust gas treatment facilities and sewage treatment stations are installed.No fire and explosion incidents Completed
No chemical spills Completed
41 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 42Green Low-Carbon Evergreen Priority EVERGREEN TECHNOLOGY
3 Environmental Emergency Management Case Evergreen Technology conducts an incident drill on waste tank liquid leakage
In order to prevent and reduce the occurrence of environmental emergencies and reduce the harmful consequences of environmental In April 2024 Evergreen Technology carried out an emergency drill for environmental emergencies involving the leakage of
emergencies the Company has formulated the Emergency Plan for Sudden Environmental Incidents to further improve the emergen- waste tank fluid. After the alarm was sounded the emergency personnel responded quickly and acted in an orderly manner
cy response mechanism for environmental pollution incidents. The Company establishes a “three-tier structure” of emergency according to the plan. Relevant responsible persons skillfully used emergency supplies as fast as possible to the leakage of
rescue organization the general manager appoints the emergency commander-in-chief; the security supervisor as the deputy waste tank liquid containment adsorption and effectively control the spread of pollution. The Company continuously
commander-in-chief coordinates the work of the emergency response team; the members of the emergency response team are improves the awareness of environmental protection and emergency rescue ability of all employees so as to achieve rapid
composed of the department the workshop in charge the process technicians the safety personnel and the environmental protection orderly timely and effective in the emergency action of environmental accidents.personnel. The Company evaluates the effectiveness of the environmental emergency plan at least every three years in conjunction with
the implementation of the environmental emergency plan. During the reporting period no major environmental incidents occurred in
Evergreen Technology.Evergreen Technology Emergency Response Organization
Commander-in-Chief: General
Manager of Evergreen Technology
Deputy Commander-in-Chief:
Security Supervisor
Environmental Emergency Response Logistics Evacuation Emergency Support Team Emergency Monitoring
Technology Leader Team Leader Team Leader Leader Team
EHS Specialist Equipment Supervisor Quality Department Procurement Manager Department Manager IT Specialist
The Company organizes regular training publicity and drills to improve the ability of the emergency response team the external public
and all employees to handle environmental incidents. In order to make the members of the emergency response team familiar with and
master the contents of the incident emergency response plan the Company regularly trains all members once a year. The Company
widely publicizes the environmental pollution incident emergency plan and related emergency laws and regulations to the external
public (neighboring enterprises communities populated areas etc.) through a variety of media and forms and conducts this on a
regular basis once a year so as to let the external public correctly understand how to respond to an emergency environmental pollution
incident. The Company organizes a practical exercise once a year to test evaluate and maintain the emergency response capability of
Evergreen Technology.
43 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 44Green Low-Carbon Evergreen Priority EVERGREEN TECHNOLOGY
01 Eco-Material Strategy and Certification System
Practicing Green Operations In raw material selection the Company has established a rigorous green supply chain
Raw Material management system with core materials certified by internationally recognized environ-
Use mental standards. Key highlights include:
Evergreen Technology practices the concept of green operation and integrates sustainable development into product design and 1.RoHS Certification: Strictly controls the content of 6 hazardous substances (e.g. lead mercury
production. The Company actively develops green products; optimizes the energy management system to improve energy use efficien- cadmium) ensuring lead content in all electronic components remains below 0.1%.cy; strengthens water resource management and implements water-saving measures; and actively participates in biodiversity protec-
tion to contribute to ecological balance. 2.REACH Compliance: Covers 197 Substances of Very High Concern (SVHC) tests with a zero-tolerance
policy for phthalate plasticizers.
3.TB/T3139 Standard: Achieves 100% compliance with polycyclic aromatic hydrocarbons (PAHs) in rail
transit vehicle materials maintained below 1 ppm.
1 Green Products
The Company has always adhered to the concept of "Green Leading Innovation Design Safeguarding the Future" and integrates green 02 Fire Safety Technical System
and circular design throughout the entire product lifecycle. The Company is committed to promoting environmental protection optimi- The Company prioritizes fire safety in products ensuring materials meet international fire standards. Key certifications
zation in the entire lifecycle of green design raw material use production and manufacturing green packaging product use and include:
recycling. The Company promises to give priority to using less harmful or less toxic alternative materials to reduce environmental
hazards.The Company has designed PET floors and PET heated floors. The raw materials used are recyclable PET materials. Moreover 1.EN 45545-2021: Covers R1-R7 risk levels; all non-metallic materials pass HL2 tests with critical materials achieving HL3 (highest hazard
the PET core material adopts r-PET technology and is made from 100% recyclable PET raw materials. After the products are scrapped in level).the future they can be 100% recycled and reused in a circular and sustainable manner.
2..DIN5510-2: Complies with fire/safety requirements: Fire Class 4 Flammability S4 Smoke SR2 Droplets ST2 FED (min30) ≤1.
3.BS6853: Meets fire and safety specifications.
In our product design philosophy the Company places environmental attributes at the core 4.NFPA 130: Adheres to fire safety standards for rail transit.of our considerations while balancing factors such as performance quality cost economic
practicality functionality and aesthetics. It strives to create products that are both
Green Design eco-friendly and meet customer needs. In terms of noise reduction the Company effectively
minimizes noise pollution by optimizing product structures and adopting advanced materi- 03 Lean Production and Resource Circularity
als providing users with a quieter experience. Environmentally the Company advocates for
frugal and lightweight design simplifying product structures and manufacturing processes 1. Smart Manufacturing for Efficiency:
to reduce resource consumption and waste generation. It also focuses on extending
2. Deploys AI nesting systems for irregular parts boosting aluminum sheet/profile utilization from 85% to 96%.
product lifecycles—for example the enclosed shaft-hole design in pivot door systems
significantly prolongs the lifespan of pivots reducing replacement frequency and resource
waste. Additionally the Company enhances product comfort through thermal insulation
design further lowering energy consumption and delivering a more efficient and sustain-
able user experience.The Company reduces carbon emissions in the production and processing process such as
LED lighting renovation solar street lamps instead of traditional electric street lamps the
use of green energy instead of low calorific value energy the establishment of photovoltaic
Production and power plants and other measures to reduce energy consumption in the production and
Manufacturing processing process reduce carbon emissions in the product processing process and the
introduction of an advanced 4D laser welding robot which solves the problem of welding
complex shapes of the workpiece and greatly improves the efficiency.
45 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 46Green Low-Carbon Evergreen Priority EVERGREEN TECHNOLOGY
In the green building materials sector we continuously innovate and contribute to the high-quality development of the industry with
more Evergreen strength. In 2024 our "Aluminum Honeycomb Panels" and "Ultra-Thin Stone Honeycomb Panels" were awarded the
"National Quality Leadership Award" at the annual conference of the metal composite decorative materials industry recognizing their
The Company systematically promotes the reduction harmlessness and recycling of
packaging through multi-dimensional measures such as optimizing material use improving exceptional product quality and environmental advantages. Additionally we have been honored with the titles of "Green Building
packaging design and promoting recyclable materials. In terms of material use in Materials Certified Enterprise" and "National Inspection Product Certification".Green accordance with the GB/T29115 standard the Company uses the ERP system to conduct
Packaging data statistics and cost accounting of raw materials and auxiliary materials (such as
aluminum plates plywood stainless steel plates etc.). The Company has established an
analysis system regularly evaluates abnormal losses and formulates improvement
measures. In the design of work fixtures the Company uses projection marking on compos-
ite boards to replace traditional templates reducing material waste. The assembly method
of general materials and standard profiles has improved the recycling rate. For short-dis-
tance transportation the Company uses reusable steel turnover boxes instead of disposable
wooden boxes saving wood and reducing labor costs.National Quality Leadership Award Green Building Materials Licensed Enterprises National Inspection Product Certification
The Company also implements the green concept. During the use of the products there is ing Enterprise E
no energy consumption. The cleaning method is simple and environmentally friendly and
the damaged parts can be repaired on-site reducing resource waste. After the products are 2 Energy Management
Product scrapped the Company disassembles and classifies them for recycling to maximize the
Use and reuse of materials. The parts that cannot be recycled are treated in an environmentally
Recycling friendly manner according to the solid waste treatment procedures. Evergreen Technology continues to optimize our energy management system strictly adhering
Photovoltaic power
to laws and regulations such as the Energy Conservation Law of the People's Republic of
China. The Company has established internal management systems including the Resource 3.0346 Million kWh
and Energy Management Regulations and the Management Procedures for Reducing
Energy Consumption and Greenhouse Gas Emissions effectively advancing energy conserva- With a self-consumption
tion and emission reduction to minimize the environmental impact of production and opera-
The Company actively conducts carbon footprint assessments tions. The Company implements a three-tier management system at the corporate workshop 2.3869Million kWh
and certifications in line with international market trends and and team levels. A corporate energy management leadership group and our part-time manage-
requirements strengthening the management of product ment body have been established; relevant departments have set up energy management Utilizing renewable energy
carbon footprints to provide cleaner products to the market. In teams; and workshops have appointed energy management officers forming a comprehensive
2024 the Company successfully passed the annual surveil- energy management network across the company. During the reporting period Evergreen 293.35 Tons of standard coal equivalent
lance audits for both the environmental declaration and the Technology has achieved ISO 50001 Energy Management System certification.product carbon footprint of our aluminum honeycomb
composite panels. The Company's factory has established an Energy Management Center which utilizes the
Jiangsu Province Electricity Monitoring Platform to collect real-time electricity usage data
from some pollution-generating and pollution-control equipment on-site. This data is used
for correlation analysis and any anomalies detected trigger immediate alerts for prompt
attention.Annual Surveillance Audit for Environmental Declaration and
Product Carbon Footprint of Aluminum Honeycomb Composite Panels The Company places high importance on energy conservation and consumption reduction
adhering to technological innovation by adopting advanced processes and equipment to
enhance building energy efficiency and promote photovoltaic construction projects contin-
uously exploring potential for energy savings. During the reporting period the Company
generated approximately 3.0346 million kWh of photovoltaic power partially for self-use ISO 50001 Energy Management
System Certification
with a self-consumption of 2.3869 million kWh utilizing renewable energy amounting to
293.35 tons of standard coal equivalent.
47 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 48Green Low-Carbon Evergreen Priority EVERGREEN TECHNOLOGY
Evergreen Technology Energy Conservation Measures
3 Water Resource Management
Electricity In production equipment high-efficiency and low-consumption motors are selected to reduce operational
Saving losses in transformers;
Measures Water resource management is a crucial component of Evergreen Technology's sustainable development strategy. The Company has
The cross-sectional area of conductors is reasonably chosen for power distribution lines to minimize line outlined specific measures and responsibility allocation for water resource management through the establishment of the Resource
losses; and Energy Management System. In accordance with the Guidelines for Water-saving Enterprise Evaluation (GB/T 7119-2018)
Energy-efficient LED lights are selected for illumination and new equipment employs frequency conversion the Company conducts water-saving evaluations and continuously optimizes our water resource management practices.control to reduce energy consumption;
Both office and factory areas implement zoned electricity control with some tasks using hierarchical The Company has placed "Conserve Water" signs at all water usage points and conducts regular inspections to prevent dripping
lighting ensuring lights are turned off when areas are unoccupied; ensuring that any leaks are promptly reported and repaired. The Company has fully adopted water-saving sanitary equipment includ-
A complete switch to electric forklifts has been made replacing the previous diesel forklifts; ing ceramic cartridge faucets low-level water tanks and sensor-operated flush valves effectively eliminating the phenomenon of
continuous water flow. Additionally by using smooth-walled water supply pipes and low-resistance valves the Company has reduced
Some traditional street lamps have been replaced with solar-powered ones to decrease electricity the loss of water head along the pipeline and at local points preventing water resource wastage such as running overflowing dripping
consumption and promote environmental awareness.and leaking. By the end of the reporting period the Company had installed 66 water-saving devices achieving a water-saving rate of
over 20% compared to standard faucets. Through the extensive replacement of water-saving devices and optimization of reservoir
Building usage the Company has significantly reduced our water resource consumption.Selection of high-efficiency thermal insulation materials and composite walls to reduce the heat transfer
Energy coefficient;
Conservation Had installedwater-saving devices Water-saving rate of over
Measures Installation of door and window sealing strips and the use of encapsulated glass to improve the insulation
properties of doors and windows thereby reducing heat conduction between indoor and outdoor air; 66 >20%
Adoption of energy-saving roofing solutions such as roofs insulated with high-efficiency thermal materials
and elevated insulated roofs.
4 Biodiversity Conservation
During the reporting period Evergreen Technology's total energy consumption was 6039.28 MWh a decrease of 2.88% compared to the Evergreen Technology systematically advances ecological and environmental protection efforts by formulating and implementing the
previous year. The goal for energy reduction has been achieved and the energy consumption data is as follows: Management and Control System for Biodiversity Conservation. The Company has clearly specified the requirements to avoid ecosys-
tem disruption in production and daily activities. The Company pledges to strive to maintain our operations without impacting ecosys-
Type 2024 2023 2022 tems and biodiversity. The General Manager is responsible for resource allocation related to these activities the Human Resources and
Administration Center is in charge of slogan promotion within the factory premises and each department is responsible for the execu-
Gasoline（tons） 38.84 24.48 28.39 tion of related matters within their own departments.Diesel（tons） 6.01 10.46 10.00 The Company protects the ecological environment around the factory premises through various measures such as soil conservation air
pollution control energy saving and emission reduction and strengthened wastewater management. Within the factory grounds the
Natural Gas（10000 cubic meters） 14.78 14.88 10.00 Company cultivates a variety of flowers and plants to green the environment and enhance ecological quality. Through educational
campaigns the Company guides all employees to abide by laws and regulations protect biodiversity prohibit the killing and consump-
Purchased Electricity
4042.65 4331.10 4157.26 tion of wild animals and forbid the unauthorized felling of nationally protected plants. The Company encourages employees to learn（Megawatt-hours） about environmental protection recognize the damage caused by invasive species to the ecological environment and actively partici-
Total Energy Consumption 6039.28 6218.43 6313.07 pate in public welfare activities contributing to the sustainable development goal of harmonious coexistence between humans and（Megawatt-hours） nature.*During the reporting period the scope of statistics was expanded and the energy consumption data now covers Evergreen Decorating TrainFX (Anhui) and the Headquarters. The
data for 2023 and 2022 has been broadened compared to the range disclosed in previous reports.
49 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 50Green Low-Carbon Evergreen Priority EVERGREEN TECHNOLOGY
Risk and Opportunity Identification
Responding to Climate Change 2
The Company actively establishes a systematic risk assessment mechanism to continuously monitor and identify the impacts of climate
change on business operations supply chain management and the market environment. Concurrently the Company proactively
Evergreen Technology regards addressing climate change as a significant responsibility for corporate sustainable development. We adopts response measures including optimizing the energy mix enhancing resource utilization efficiency and developing low-carbon
have established a greenhouse gas management framework to scientifically and systematically identify the risks and opportunities products to mitigate climate-related risks and seize transformation opportunities.presented by climate change effectively managing both risks and opportunities.Impact Influence
Types Risk/Op-portunity Risk Description Period Strength Response
1 Greenhouse Gas Management
Evergreen Technology has established and implemented the Energy Consumption and Greenhouse Gas Emission Reduction Strengthen the disaster resilience of infra-
structure such as reinforcing factory
Management System to clarify the Company's energy-saving and emission-reduction efforts. The Board of Directors serves as the Extreme weather events (such buildings and constructing flood preven-
highest decision-making body committed to climate change with a Strategic Committee overseeing climate change initiatives. An Acute as floods droughts hurricanes Medium tion facilities;
Environmental Protection Management Organization (EHS) has been established to promote and manage the implementation of Physical etc.) may cause direct damage to Long Medium
to the Company's production Develop emergency response plans to environmental protection and emission reduction goals and policies. Risks Term
facilities supply chain and ensure rapid resumption of production in
the event of a disaster;
logistics network.The Company has identified the primary sources of greenhouse gas emissions focusing on controlling manageable emissions during
Diversify the supply chain to reduce
the production process and has set emission reduction targets through data collection and analysis. To reduce energy consumption dependence on a single region or supplier.the Company has implemented a series of measures including optimizing air conditioning usage monitoring indoor temperature and
humidity making rational use of natural light sources conducting regular inspections and maintenance of equipment avoiding
machine idling and utilizing energy-efficient production equipment. The Company actively develops photovoltaic power generation Under the circumstances of Implement employee health management
rising average temperatures
projects to reduce greenhouse gas emissions from purchased electricity. Chronic Medium programs and provide heatstroke preven-and changing precipitation tion and cooling measures.Physical patterns there may be impacts to Long Medium
During the reporting period the Company's total carbon emissions amounted to 2632.92 tons of CO2 equivalent of which Scope 1 Risks on equipment operating Term Enhance energy efficiency to reduce
emissions were 463.63 tons of CO2 equivalent and Scope 2 emissions were 2169.28 tons of CO2 equivalent. The total greenhouse gas efficiency employee health energy costs associated with increased
cooling demands.emissions per million revenue (Scope 1 and Scope 2) were 5.72 tons of CO2 equivalent. and energy consumption.Greenhouse Gas 2024 2023 2022
Scope 1（tons of CO2 equivalent） 463.75 435.54 496.54
Scope 2（tons of CO2 equivalent） 2169.28 2470.02 2415.37
Total（Scope 1+2）（tons of CO equivalent） 2633.03 2905.56 2911.912
*During the reporting period the coverage of greenhouse gas emissions data has been expanded to include Evergreen Decorating TrainFX (Anhui) and the Headquarters. The 2022
and 2023 data now reflect this broader scope compared to previous reports.
51 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 52
Physical RisksGreen Low-Carbon Evergreen Priority EVERGREEN TECHNOLOGY
Risk/Op- Impact Influence Types portunity Risk Description Period Strength Response
Compliant Pollution Emissions
Conduct carbon footprint accounting to
identify emission reduction potential;
Changes in regulations and Evergreen Technology strictly adheres to environmental laws and regulations making compliant pollution emissions a core task of
policies such as the govern- Invest in low-carbon technologies and clean environmental management. The Company has established a comprehensive waste management system promoting reduction Policy
ment implementing or Medium energy such as renewable energy and resource utilization and harmless treatment. At the same time Evergreen Technology employs advanced wastewater and exhaust gas and Legal
increasing carbon taxes may term Medium carbon capture and storage technologies;Risks treatment technologies to ensure emissions meet standards continuously reducing environmental impact and fulfilling our commit-
directly raise the Company's
carbon emission costs and Optimize production processes to improve
ment to green development.energy utilization efficiency.affect profit margins.
1 Waste Disposal
Conduct product lifecycle assessments to
identify the carbon footprint of products;
Consumers and clients are Evergreen Technology systematically advances waste management through strict classification management compliant disposal and
Changes in increasingly inclined towards source reduction measures. The Company strictly adheres to the Standard for Pollution Control on the Storage and Disposal Site of
Consumer Develop low-carbon products such as low-carbon products and the Medium those using renewable materials recycla- General Industrial Solid Waste (GB 18599-2001) and the Standard for Pollution Control on Hazardous Waste Storage (GB Demand MediumCompany may face the risk of term ble materials etc.; 18597-2001) and has formulated the Hazardous Waste Management System to clarify the storage transportation and disposal
declining market share if it fails processes of waste avoiding secondary pollution. The solid waste generated during the Company's production process mainly includes
to provide such products. Strengthen green marketing to enhance waste packaging materials waste scraps dust collected from dust removal welding slag waste cutting fluid waste tank liquid and tank
the brand's green image.residue waste filter cotton waste rags gloves and mops waste activated carbon waste packaging drums wastewater treatment
sludge and domestic waste. Among these the waste scraps waste honeycomb panels waste aluminum sheets and other general solid
wastes generated by the Company are temporarily stored in a dedicated warehouse and legally disposed of by qualified units; hazard-
The Company may enhance the
ous wastes such as waste packaging drums waste tank liquid and waste activated carbon are uniformly collected and stored in a
environmental performance Increase investment in the research and
energy efficiency and development of new technologies and hazardous waste warehouse and are disposed of in compliance by professional units.Techno- intelligence level of our products materials;
logical through the research and The Company reduces the generation of waste from the source through measures such as using recyclable raw materials and reducing
Innovation application of new materials Medium Medium Introduce advanced equipment to improve the use of harmful substances.Opportu- new processes and intelligent term production efficiency;
nities manufacturing technologies
thereby meeting the market Strengthen staff training and recruitment
demand for green efficient and to stimulate employee innovation.Use of Recyclable The Company selects production materials that can be recycled or regenerated such as intelligent products. Raw Materials aluminum sheets plywood stainless steel sheets anhydrous ethanol and composite
adhesives to reduce waste generation.By adopting environmental Disseminate environmental protection
protection measures and concepts to enhance brand awareness and
enhancing the sustainability of reputation;
Reputation our products the Company can Develop eco-friendly products and optimize
Opportuni- not only establish a positive Long term Low production processes;
ties corporate image but also
strengthen the trust and support Strengthen stakeholder communication
of consumers investors and and actively respond to concerns;
various sectors of society
thereby gaining broader market Participate in industry collaborations to
recognition and social acclaim. share experiences.
53 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 54
Transitional Risks OpportunitiesGreen Low-Carbon Evergreen Priority EVERGREEN TECHNOLOGY
Reduction of The Company regularly conducts a Corporate Self-Assessment Report on Raw Material
Hazardous Conservation to continuously optimize material-saving efforts. Based on the hazardous charac-
Material Usage teristics and usage volume of materials the Company actively develops substitution plans 3 Exhaust Gas Management
including optimizing construction processes replacing materials and reducing usage quantities.Evergreen Technology employs multi-layered exhaust gas treatment measures to comprehen- Volatile organic compounds
1 The Company plans to gradually replace oxygen and nitrogen used in laser cutting with air and to add air sively reduce pollutant emissions during the production process. Currently the Company (VOCs) emissions were
compressor equipment. For ethanol the Company will use split packaging and squeeze bottle filling to
strictly control usage and reduce volatilization; possesses 7 sets of exhaust gas treatment devices including activated carbon adsorption units
catalytic oxidation equipment filter cotton + sodium hypochlorite spray + water spray + activat-
2 Acetone is reused with recovery equipment achieving a recovery rate of 40%; 0.33 tonsed carbon adsorption systems baghouse dust collectors two-stage high-efficiency filter
3 Ethyl acetate undergoes centralized exhaust recovery and activated carbon adsorption treatment to reduce cartridge precision filtration devices two-stage activated carbon adsorption units and fume
volatilization; Sulfur oxides (SOx)purifiers providing comprehensive coverage for the treatment of various pollutants such as
4 Acrylic adhesives are applied with specialized tools accompanied by exhaust collection and treatment welding fumes and organic exhaust gases. The Company regularly conducts exhaust gas testing
facilities; to monitor pollutant emissions and ensure compliant exhaust gas discharge. During the report- 0.17 tons
5 Unsaturated resins are gradually being replaced with prepreg and vacuum infusion processes; ing period the Company's volatile organic compounds (VOCs) emissions were 0.333 tons sulfur
Nitrogen oxides (NOx)
6 Polyester powder has a recyclable reuse plan to reduce usage and optimize environmental processes. oxides (SOx) 0.17 tons nitrogen oxides (NOx) 0.7 tons and particulate matter (PM) 0.474 tons.
0.7tons
During the reporting period Evergreen Technology generated a total of 55 tons of domestic waste 81.3 tons of general industrial solid
waste with 62 tons recycled and 70.02 tons of hazardous waste achieving a 100% compliant disposal rate for waste. Particulate matter (PM)
During the Domestic General Recycled Hazardous Compliant disposal 0.474 tons
reporting period waste industrial solid waste waste rate for waste
Evergreen
Technology 55 81.3 62 70.02 100
Tons Tons Tons Tons %
2 Wastewater Management
Evergreen Technology Company strictly adheres to the principle of "classified collection and Discharged of wastewater
separate treatment" to systematically advance wastewater management. The Company's
wastewater mainly includes domestic sewage and production wastewater with the latter 8010Tons
covering surface treatment process rinsing wastewater floor cleaning wastewater spray waste-
water and pure water preparation system drainage. The Company implements a rain-sewage
diversion system where rainwater from the factory area is directed into the municipal rainwater COD emissions
pipeline network through rainwater pipes while domestic sewage and floor cleaning wastewa- 4 Noise Management
ter are treated by pre-buried treatment facilities before being connected to the municipal 0.721 Tons
sewage pipeline network. Production wastewater (such as surface treatment rinsing wastewater Evergreen Technology regularly conducts boundary noise testing to ensure that noise emissions comply with national and local
and exhaust gas spray wastewater) is treated together with domestic sewage in the factory's standards. In terms of equipment selection the Company prioritizes low-noise equipment to reduce noise generation at the source. By
Mmonia nitrogen emissions
wastewater treatment station and after treatment it is discharged up to standard and ultimate- rationally arranging workshops and optimizing equipment installation locations the Company effectively reduces noise propagation.ly sent to the Changzhou Riverside Wastewater Treatment Plant for centralized treatment 0.328 For high-noise areas Evergreen Technology implements local noise damping and silencing measures such as installing soundproof Tons
ensuring an efficient and compliant wastewater treatment process. The Company regularly barriers and mufflers to further mitigate the impact of noise on the surrounding environment.conducts wastewater testing to ensure compliant discharge. During the reporting period the
Company discharged 8010 tons of wastewater with COD emissions of 0.721 tons and ammonia
nitrogen emissions of 0.328 tons.
55 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 5604 Harmonious Workplace Key IssuesEvergreen Development ·Employee Rights and Benefits
·Employee Diversity
(1) Diverse and Equal Employment 59
·Occupational Health and Safety
(2) Caring for Employee Well-being 63
·Talent Attraction and Retention
(3) Supporting Employee Development 66
·Talent Training and Development
(4) Ensuring Health and Safety 70
Highlight Performance/Major Action Strategies Alignment with the
United Nations Sustainable
Development Goals
·The Company has achieved a 100% rate in employee labor contract
signing and social insurance coverage.·Development of an annual human resources plan.·Establishment of the Regulations on the Prohibition of Child Labor
Use clearly defining primary prevention and remedial measures.·The Company employs a total of 790 staff with female employees
constituting 20.25% of the workforce.·Implementation of an employee stock ownership plan.·Investment in employee training and development totaling RMB 0.3043
million with a cumulative training duration of 11850 hours averaging
15 hours of training per employee.
·Has obtained the GB/T 45001 - 2020/ISO 45001:2018 Occupational
Health and Safety Management System.·No instances of exceeding occupational hazard factors limits and no
major occupational health incidents have occurred.Harmonious Workplace Evergreen Development EVERGREEN TECHNOLOGY
Evergreen Technology values diversity and equality among employees committing to and upholding the principle that employees will
Diverse and Equal Employment not face discrimination bullying or any unfair treatment in recruitment promotion or daily work due to differences in gender skin color nationality ethnicity cultural background religious beliefs or family circumstances. The Company promises to firmly resist the
employment of child labor or forced labor. We have established the Regulations on the Prohibition of Child Labor Use which clearly
outline the corresponding measures the Company takes to prohibit the use of child labor and requires that both internally and poten-
Evergreen Technology strictly adheres to laws and regulations such as the Labor Law of the People's Republic of China the Labor
tially external contractors/suppliers are prohibited from employing child labor in any position. Additionally the Company has signed
Contract Law of the People's Republic of China the Law of the People's Republic of China on the Protection of Minors and interna-
the Commitment to the Prohibition of Child Labor doing our utmost to prevent incidents of child labor. During the reporting period the
tional labor standards. The Company continuously establishes and improves various employment management systems respects the
Company did not experience any incidents of child labor or gender discrimination that were inconsistent with labor standards.diverse development of employees and fosters harmonious labor relations.The Company's primary preventive and remedial measures to prohibit the use of child labor:
1 Labor Relations Management Preventive Measures Remedial Measures
Evergreen Technology has established a comprehensive employee management system legally signing labor contracts with employees Strict verification of job applicants checking ID cards photos Immediate settlement of all wages for the misuse of child labor.and contributing to social insurance placing the reasonable demands and rights of employees at the forefront. We scientifically forecast household registration information etc.and analyze the supply and demand of human resources in the context of environmental changes based on the internal and external Returning the child laborer to their place of origin and ensuring
environment required for the Company's development. On this basis we formulate a global Human Resource Management Plan and Conducting a unified census of new employees within one month they are received by their parents or guardians.Program covering job establishment personnel allocation education and training salary distribution career development and human followed by random checks as necessary after one month.resource investment providing human resource assurance and services for the Company's overall development strategy. The Company Providing support as appropriate such as assisting the child laborer to continue their school education.promises to provide all employees with salaries that match their positions reasonable working hours and benefits and to offer them
favorable working conditions. During the reporting period the Company's labor contract signing rate and social insurance coverage
rate for employees both reached 100%.In 2024 the Company had a total of 790 employees on the payroll. Among them local employees accounted for 29.62%. There were 4
on-the-job veterans and a total of 15 employees from poverty-alleviated areas. The breakdown by gender age job rank and education-
al background is shown in the following figure:
Key Human Resources
Planning for 2024 Indicator Requirements Compliance Status
Ensure reasonable allocation normal operation
Planning continuous integration continuous Compliant
optimization and improvement Employees 79.75% 20.25%
on the payroll 630 160
（Divided by gender）
Recruitment The timely rate of personnel recruitment and onboarding is not less than 90% Compliant Male Female
Training 100% training for employees before they join or start their positions Compliant
Compensation and Performance Timely distribution to enhance employee motivation Compliant Employees 19.11% 27.85% 27.09% 25.95%
on the payroll 151 220 214 205
（Divided by age）
The signing and renewal of labor contracts and the
Labor Relations payment of social insurance and housing Compliant Aged 30 and below Aged 31 to 40 Aged 41 to 50 Aged 50 and above
provident fund errors do not exceed 3 times a year
59 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 60Harmonious Workplace Evergreen Development EVERGREEN TECHNOLOGY
The Company enhances employee satisfaction and retention by establishing a comprehensive training management mechanism
providing fair compensation and benefits and organizing a variety of employee care activities. Additionally the Company has
developed the Employee Resignation Management Regulations ensuring thorough communication with pre-departure employees to
6.33% 6.84% 86.84% understand their reasons for leaving thereby improving and enhancing future employee management practices. During the reporting Employees
on the payroll 50 54 686 period the Company did not experience any large-scale layoffs or strikes nor any illegal or non-compliant recruitment activities. The
（Divided by class satisfaction rate for various issues in the employee canteen survey was approximately 70%.of position）
Senior and middle management Junior management Front-line staff
3 Safeguarding Women's Rights and Interests
Employees 19.24% 16.84% 23.29% 40.63% The Company actively advocates for gender equality and strongly supports the personal Return-to-work rate and retention rate
on the payroll 152 133 184 321 of employees who took parental leave development of female employees. We strictly implement regulations regarding maternity
（Divided by educational both reachedbackground） paternity and breastfeeding leave and encourage female employees to participate in
Bachelor's Degree and Above Associate Degree High School and Junior High dialogues discussions and decision-making processes. By doing so we aim to create more 100%
Technical Secondary School School and Below growth opportunities and possibilities for self-realization for our female employees. In 2020
under the guidance and support of the Women's Federation of Xinbei District Changzhou City
Proportion of female employees
the Company established the "Evergreen Women's Federation". Through carrying out a variety within the Company stood at
of activities and work we have further enhanced the working ability professional quality and
2 Employee Recruitment and Retention quality of life of female employees strengthened the cohesion of the enterprise promoted the 20.25%
construction of corporate culture and contributed to the improvement of the enterprise's
Evergreen Technology places high importance on talent attraction and retention having established the Recruitment Management performance. During the reporting period we conducted a survey on workplace sexual harass- With female representation among
Regulations and Talent Introduction Management Measures. The Company attracts talents from diverse backgrounds through various ment among female employees through questionnaires to better understand their working middle and senior managers reaching
channels such as on-campus recruitment social recruitment and talent introduction either on-site or online. We innovate and explore environment and safeguard their rights and interests. As of December 31 2024 the
efficient recruitment methods actively connects with recruitment resources and strengthens the reserve of key positions and backup return-to-work rate and retention rate of employees who took parental leave both reached 32.00%
talents. The Company has recruited a total of 428 new employees categorized by gender and age as shown in the figure: 100%. The proportion of female employees within the Company stood at 20.25% with female
representation among middle and senior managers reaching 32.00%.
206
117
76
3940
12
Male Female Aged 30 and below Aged 31 to 40 Aged 41 to 50 Aged 50 and above
Number of new employees Number of new employees（divided by gender） （divided by age）
May Colorful Succulent Event The 17th Women's Congress of Changzhou City
61 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 62Harmonious Workplace Evergreen Development EVERGREEN TECHNOLOGY
In addition the Company conducts regular performance evaluations for employees and maintains open channels for performance
Case Evergreen Technology Hosts "Salute to Her Power Women Building the Future" International Women's Day Event feedback. Based on the evaluation results employees receive either positive or negative compensation incentives. If employees at any
level have objections to the performance evaluation process or results they have the right to file an appeal with their direct supervisor's
On March 8 2024 in celebration of International Women's Day Evergreen Technology prepared festive gifts including superior or the Human Resources Department within five working days after the evaluation period or the completion of the evaluation.brooches and carnations for all female employees. Additionally the Company arranged special health check-ups to The relevant supervisor and the Human Resources Department will review the performance evaluation process or results together with
express our care for employees' well-being. This initiative reflects the Company's commitment to supporting female the appellant and their direct supervisor providing a formal response to the appellant. The Human Resources Department will
employees in excelling in their respective roles encouraging them to embrace challenges break barriers and achieve document the performance review results and the appellant's feedback. During the reporting period the Company completed perfor-
remarkable success. mance evaluations for all employees.The Company implements a market-oriented differentiated and professional compensation system aligning salaries with job
positions and levels while balancing external competitiveness and internal fairness. We actively adopt a broad-based salary structure to
ensure that high performers are duly rewarded. In 2024 to further refine the compensation incentive system and enhance employees'
sense of belonging and responsibility we approved an Employee Stock Ownership Plan (ESOP). The plan involves no more than 1.11
million shares representing approximately 0.80% of the Company's total share capital of 138 million shares. The shares will be unlocked
in three phases with the incentive targets covering directors supervisors senior executives and core personnel of the Company and
our subsidiaries. Currently the ESOP has cumulatively covered approximately 40 employees.Compensation and Benefits Structure of Evergreen Technology
Compensation Base Salary + Position Salary + Performance Bonus + Other Allowances
Structure
Benefits Statutory Benefits: Social Insurance (Pension Insurance Medical Insurance Unemployment
System Insurance Work Injury Insurance and Maternity Insurance) + Housing Provident Fund
Caring for Employee Well-being Complimentary Work Meals
Holiday and Employee Birthday Celebrations
Evergreen Technology always prioritizes the needs of our employees. With sincerity and tangible actions the Company focuses on and
promotes mutual support and assistance among employees ensuring comprehensive care for their work and personal lives. Through Diverse Team-Building Activities
practical initiatives we demonstrate genuine concern in every detail meticulously creating a warm harmonious and dynamic
workplace for our employees. This commitment continuously enhances their sense of happiness and belonging. Honor Incentives: Monthly Excellence Appraisal Annual Excellence Appraisal
1 Compensation and Benefits
To effectively unlock employee potential attract and retain top talent and enhance employee stability Evergreen Technology strictly
adheres to national and local labor policies. Guided by the principles of "fairness motivation and cost-effectiveness" the Company has
established a comprehensive and scientifically designed compensation and benefits system. The Company has implemented policies
such as the Compensation Management System Employee Incentive Management Regulations and Performance Evaluation
Management Regulations to clearly communicate the procedures for salary distribution to employees.
2023 Annual Summary and Recognition Ceremony& 2024 New Year Greeting Gathering November Employee Birthday Celebration
63 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 64Harmonious Workplace Evergreen Development EVERGREEN TECHNOLOGY
Case Evergreen Technology Organizes Summer Care Activity to Deliver Coolness and Comfort Supporting Employee Development
To ensure effective heatstroke prevention and cooling measures while safeguarding the physical and mental well-being of
front-line employees Evergreen Technology organized a summer care event on August 5 2024. The Company's leadership Employee growth is the solid foundation for the Company's steady development. Evergreen Technology is committed to building an
team distributed cooling fruits such as watermelons and peaches to front-line staff expressing heartfelt care and sincere effective platform for talent development introducing more high-quality advanced and scientific management concepts and practical
greetings to those who remained dedicated to their posts. tools. This effort injects continuous momentum into the Company's sustainable and high-quality growth.
1 Promotion and Development Path
Evergreen Technology attaches great importance to the career development of our employees. We have built a rich and multi-dimen-
sional promotion channel for them and continuously established and optimized a scientific promotion management process. The
Company has formulated the Promotion Management Regulations. Following the employees' own wills and combining with their own
characteristics we provide a dual-channel cross-sequence job conversion that combines horizontal and vertical aspects. Every year
according to indicators such as employees' personal qualities performance evaluations and professional skills internal job competi-
tions are carried out allowing employees to be promoted step by step or across levels.Evergreen Technology Career Development Path
Management Technology Production
Sequence Sequence Sequence
2 Democratic Management General
General Chief Engineer Manager
Manager
The Company strictly adheres to the Trade Union Law of the People's Republic of China and other relevant regulations establishing Technical level 6
Deputygeneral
the Constitution and Working Regulations of the Labor Union and the Rationalization Proposal Management Regulations to Manager
safeguard employees' rights to join the trade union and engage in democratic communication. The Company aims to build strong Deputygeneral Senior Engineer
communication relationships with employees and trade union representatives. To ensure that employees' opinions and suggestions Manager Director/ Technical level 5 Vice Director
are effectively conveyed and their concerns are promptly addressed the Company has established diverse communication channels
and mechanisms. These include the trade union employee representative meetings employee satisfaction surveys and suggestion
Advanced Manager/
boxes encouraging all employees to provide suggestions or file complaints regarding personal performance company management Director/ Vice ManagerVice Director Engineer
employee benefits and working conditions. As of the end of the reporting period the Company's trade union coverage rate reached Technical level 4
Workshop
100%. Director
Manager/ Junior Engineer
In 2024 we conducted a voluntary employee satisfaction survey regarding the company cafeteria. A total of 100 valid responses were Vice Manager Technical level 3 Group Leader
collected with a satisfaction score of 2.54 out of 3. After accurately understanding employees' satisfaction with various aspects of the
cafeteria we promptly addressed shortcomings and made improvements to meet employees' reasonable needs.Assistant Engineer Technician
Supervisor
Technical level 2
Skilled Worker
Employees Technician
Assistants / Specialists / Technical level 1
Seniorspecialists General Worker
65 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 66Harmonious Workplace Evergreen Development EVERGREEN TECHNOLOGY
To ensure training effectiveness we conduct assessments and evaluations after each training
session adjusting the format and content based on employee feedback to enhance outcomes. Company invested a total of in
employee training and development(RMB)
Various training activities have not only significantly improved employees' professional skills
and management capabilities in the short term but also accumulated talent resources for the 0.3043Million
Company's long-term sustainable development. During the reporting period the Company
invested a total of RMB 0.3043 million in employee training and development with a total
training duration of 11850 hours. The average training time per employee reached 15 hours Total training duration
achieving a 100% employee training coverage rate. 11850Hours
Average training time per
employee reached Employee training coverage rate
15Hours 100%
Internal Position Election for 2024
Evergreen Technology Training System
In order to strengthen talent construction the Company has established career development Training
Onboarding Training Certification Training
files for all employees. The heads of each department serve as career development counselors Types
Coverage rate of career development
for employees. Every year they assist employees in conducting personal specialty and skill records for management personnel
assessments and filling out the Employee Career Development Planning Form which includes Training
employees' knowledge skills qualification certificates and career interests. Within three 100 Participant New Employees Employees in positions requiring certifications %
months of a new employee's probation period ending the department head will have a conver-
sation with them to help confirm their personal career development direction and fill out the
Coverage rate of newly recruited Training Company regulations Professional knowledge and legal
Employee Career Development Planning Form. The Human Resources Department will review employee interviews Content job-specific skills etc. regulations related to certifications
the Employee Career Development Planning Form annually and provide suggestions for the
next stage of development based on the employee's learning training assessment results and 100% Key Points of Tax Filing and
promotion opportunities for that year. After the end-of-year assessment the department head 2024 Employee Handbook Training Compliance Handling Training
will have a conversation with their department employees about future development to Highlight
confirm future goals. During the reporting period the Company achieved a 100% coverage rate Cases
of career development records for management personnel and a 100% coverage rate of newly
recruited employee interviews.
2 Policies and Procedures Training Occupational Health Administrator TrainingEmployee Training
Evergreen Technology deeply understands the critical importance of enhancing employees' professional capabilities for the Company's
development. The Company has established the Training Management Regulations creating a comprehensive training management
system that precisely covers employees at all levels. By conducting annual training needs assessments and developing training plans we
have assembled an excellent training team and launched an internal knowledge-sharing platform—Quantum Platform. We actively
organize diverse and highly targeted internal or external training activities to promote employee growth and steadily enhance organiza-
tional capabilities. The Company is committed to supporting employees' career development by providing ample training opportunities.
67 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 68Harmonious Workplace Evergreen Development EVERGREEN TECHNOLOGY
Training
Types Job Skills Training Leadership Training Ensuring Health and Safety
Training
Participant Relevant personnel from various departments Middle and Senior Management
People are the foundation of enterprise development and health is the cornerstone of life as well as the fundamental guarantee for
Training corporate growth. Evergreen Technology adheres to the safety production principle of "Safety First Prevention Foremost and Compre-
Content Job-specific skills training Management enhancement training hensive Management". The Company strictly complies with laws and regulations such as the Occupational Disease Prevention and
Control Law of the People's Republic of China and the Workplace Safety Law of the People's Republic of China. We have established
EAB Bonding Training Procurement Management Training systems including the Workplace Safety Responsibility Management System and the Workplace Safety Whistleblower System to 2024
Highlight provide a solid foundation for the Company's steady development and the health and safety of our employees.Cases
1 Safety Management Framework
Evergreen Technology has obtained ISO 45001 Occupational Health and Safety Manage-
Cost Reduction and Efficiency
Welding Robot Theory and Practical Training ment System certification which is regularly maintained and updated to ensure our Improvement Training continuous and effective operation. In daily operations the Company based on this
system's standards and our actual conditions has established a comprehensive safety
protection network for employees. During the reporting period the Company passed a
third-party on-site audit confirming compliance with the GB/T 45001-2020/ISO 45001:2018
Occupational Health and Safety Management System.At the beginning of each year the General Manager signs safety responsibility agreements
with department heads at all levels and department heads sign agreements with their
staff clearly defining the safety responsibilities safety objectives and assessment criteria
for 2024. We have established an Occupational Health and Safety Production Committee
Case Company Conducts PMP Project Management Practical Skills Enhancement Training (Safety Committee) which convenes quarterly to make decisions and resolutions on major
safety issues; the EHS Supervisor is responsible for implementing the decisions and resolu- Evergreen Technology ISO 45001:
2018 Occupational Health and Safety
From May 30 to June 20 2024 the Company conducted a 32-hour PMP project management training. The training content tions of the Company's Safety Committee and exercising the Company's safety manage- Management System Certification Certificate
primarily included an overview of project management project management processes knowledge areas of project manage- ment and supervision functions.ment project management tools and project case studies. This training aimed to enhance the communication and organiza-
tional skills of the Company's internal project managers enabling them to effectively manage and coordinate projects as a Additionally the Company sets annual occupational health and safety-related goals and
whole ensuring timely budget-compliant and quality-delivered project outcomes. assigns a dedicated department to regularly organize safety inspections at production
sites implement safety management supervision and assess EHS non-conformities
urging responsible parties to rectify equipment safety hazards. During the reporting period Company's investment in safety
the Company's investment in safety production totaled RMB 2.6675 million. production totaled (RMB)
2.6675Million
69 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 70Harmonious Workplace Evergreen Development EVERGREEN TECHNOLOGY
The EHS Department is specifically responsible for the feedback on occupational health and safety incidents risks and issues reported by
employees. When employees detect potential hazards to their health in the work environment discover loopholes in safety operation
2024 Safety Production Goals Compliance Status
procedures or encounter sudden safety incidents they can promptly report to the EHS Department. Upon receiving the reported informa-
tion the EHS Department immediately organizes and analyzes it providing accurate and swift feedback to the corresponding responsible
departments and senior leadership through written reports online meetings face-to-face communication and other methods ensuring
Zero incidents of poisoning electric shock and fire Compliant that safety risks are addressed promptly and the occupational health and work safety of employees are fully protected.Zero casualties Compliant
Risk Name Risk Description Mitigation Strategy
Zero occupational disease incidence rate Compliant
Install ventilation and sealing equipment in industrial sites to
Employees may come into reduce the concentration of harmful substances
contact with chemical
100% distribution rate of labor protection facilities Compliant biological and other Provide protective gear such as gas masks for those exposed
hazardous substances
endangering their health
Regularly monitor the work environment
No more than 4 minor injury incidents per year Compliant
Implement noise reduction measures at the noise source such as
During the reporting period Evergreen Technology recorded 3 work-related injuries resulting in 75 lost workdays with zero fatalities. installing mufflers and soundproof enclosures for mechanical
The work-related injury rate stood at 0.38% and the Total Recordable Injury Frequency (TRIF)1 was 2.15. Long-term or high-intensity equipment and sound-absorbing treatments for building structures
exposure to a noisy environment
may lead to hearing loss Reasonably arrange working hours to avoid prolonged continuous
tinnitus or even permanent exposure to high noise environments and regularly test and assess
During the Recorded Resulting in Work-related deafness. Noise can also cause a the noise levels in the workplace
reporting period work-related lost workdays Fatalities injury rate Total Recordable injuries Injury Frequency (TRIF)
Evergreen series of physiological and
Technology 3 75 0 0.38 2.15 psychological problems such as Provide personal protective equipment such as earplugs and headaches insomnia and earmuffs for those in noisy environments and train them on the
Days % anxiety correct wearing methods
Regularly organize hearing checks for employees establish hearing
health records and promptly identify and intervene in cases of
hearing damage
2 Safety Risk Response
Evergreen Technology has implemented multiple health and safety management measures. In terms of equipment management our
Evergreen Technology has established systems such as the Safety Risk Identification and Control System Safety Education and equipment has high local safety standards complete operating procedures and standardized wiring ensuring one machine one
Training Management System and Safety Production Regular Meeting Management System. The General Manager convenes safety switch and one leakage protection. The Company conducts regular inspections of equipment and operators follow regulations
meetings quarterly to discuss production environmental safety matters; production teams regularly conduct internal safety inspections without any violations. Employees are also provided with irregular training on equipment operation to ensure they can use or operate
and hazard identification as part of their routine activities; responsible departments participate in training organized by local safety the equipment safely. Special equipment such as forklifts and freight elevators undergo effective annual inspections and operate
supervision departments and undergo irregular inspections by local environmental and safety supervision departments at all levels normally. For fire management fire extinguishers and hydrants are fully equipped on-site with inspection records. In the management
promptly rectifying any issues found. of related parties and special operations we have established the Hazardous Operation Approval Management System for hot work
by related parties managing environmental safety for contractors signing agreements conducting briefings and monitoring accep-
tance. Additionally for new environmental factors and hazards arising from changes in equipment and processes control measures are
1 Total Recordable Injury Frequency (TRIF) = (Total number of work-related injury incidents × 1000000) / Total work hours. promptly defined.
Total work hours = Average annual working days × Standard daily working hours (8 hours) × Number of full-time employees.
71 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 72
Exposure to
Hazardous Substances Noise InjuryHarmonious Workplace Evergreen Development EVERGREEN TECHNOLOGY
The Company has compiled a Production Safety Accident Emergency Plan and formulated a corresponding annual safety training 3 Occupational Health
plan focusing on the standardized use of production equipment emergency drills fire drills safety requirements for special operations
and daily safety production management. Activities such as fire emergency drills hazardous chemical leakage drills and explosive dust Evergreen Technology places high importance on the prevention of occupational diseases having established the Management
grinding drills are conducted to ensure employees can respond to and handle emergencies quickly and effectively. During the reporting System for Labor Protection Equipment and Occupational Disease Prevention Management System among others. The Company
period the Company conducted various safety trainings totaling 3950 hours with participation reaching 790 person-time. reasonably allocates regularly distributes and supervises the use of labor protection equipment related emergency devices and
medications. In accordance with relevant regulations the Company hires professional third parties to conduct regular workplace
occupational hazard factor testing and occupational health check-ups establishing employee occupational health records to prevent
control and eliminate occupational disease hazards. Additionally we have set up occupational hazard notification signs and bulletin
boards to promote various health knowledge enhancing employees' awareness of occupational health and safety during the produc-
tion process. During the reporting period there were no instances of occupational hazard factors exceeding standards and no major
occupational health incidents occurred.Metallurgical Technician Order Class Training Emergency Drill for Explosive Dust from Grinding
Health Check-ups Spine Health and Wellness Seminar
Case The Company actively responds to the "Healthy Enterprise Journey" health service series into enterprises
On May 16 2024 the Company actively responded to the
Safety Promotion Banner National Safety Education on Restaurant TVs "Healthy Enterprise Journey" health service series into
enterprises launched by the Changzhou Xinbei District
Grassroots Committee of the Chinese Peasants' and
Case Fire Safety Knowledge Training and Fire Emergency Drill Workers' Democratic Party in conjunction with the District
Health Bureau and held a signing event for the "Healthy
Enterprise Journey" with Xuejia People's Hospital. During
On June 18 2024 the Company organized a fire safety knowledge the event a volunteer service team composed of some
training and fire emergency drill. The drill included explanations members of the Chinese Peasants' and Workers' Demo-
of safety knowledge the use of fire extinguishers and the connec- cratic Party together with staff from Xuejia People's Hospital and the District Center for Disease Control and Prevention
tion and use of fire hoses. Through this fire drill activity employ- provided on-site free clinics lecture training and health consultation services for the Company's employees. This coopera-
ees gained a deeper understanding of fire safety knowledge and tion not only enhanced the health awareness of employees but also created a healthier working environment for the
the participants' awareness of precautions and their ability to use Company reflecting the Company's emphasis on employee health and safety.fire extinguishing equipment and devices were enhanced. Their
capability to respond to emergencies was also significantly
improved.
73 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 7405 Join Hands for Mutual Success Key IssuesEvergreen Empowerment ·Responsible Sourcing
·Social Welfare
(1) Supplier ESG Management 77
(2) Empowering Industry Advancement 79
(3) Commitment to Philanthropy 82
Alignment with the
United Nations Sustainable
Highlight Performance/Major Action Strategies Development Goals
·Localized procurement accounts for 60%
·Has become a formal member of 30 ESG-related associations
·Hosted the establishment and first working meeting of the JG/T
328-2011 "Stone Honeycomb Composite Panels for Architectural
Decoration" compilation group
·Social welfare investment of RMB 1.025 millionJoin Hands for Mutual Success Evergreen Empowerment EVERGREEN TECHNOLOGY
2 Annual Audit and Performance EvaluationSupplier ESG Management
We conduct hierarchical management of the suppliers we have cooperated with based on four dimensions namely the classification of
suppliers the order amount whether they have corresponding qualifications and the annual assessment results. We organize the
Evergreen Technology places high importance on supply chain management consistently adhering to the procurement principles of performance monitoring of suppliers every quarter implement dynamic evaluation and evaluate the risks according to the Risk
"fairness justice and transparency" and strictly complies with the Bidding and Tendering Law of the People's Republic of China. The Assessment Form based on the assessment results. When the requirements are not met corrective measures must be taken.Company has established systems such as the Procurement Control Procedure and Supplier Evaluation Control Procedure to ensure
the orderly operation of a full-process supply chain management system that includes access assessment evaluation communication We incorporate ESG-related indicators such as green and low-carbon practices and social responsibility into the additional scores of
training and exit building a cooperative efficient healthy and dynamically managed sustainable supply chain network that is open supplier performance evaluation. Suppliers with insufficient assessment results or those that fail to meet the standards will be required
and green. to rectify the problems within a specified time limit. Suppliers that still fail to meet the requirements after rectification will be removed
from the Qualified Supplier List. During the reporting period the Company completed the audit plans for 15 suppliers in accordance
As of the end of the reporting period Evergreen Technology has not experienced any significant risk or impact events in the confirmed with the Annual Supplier Audit Plan and urged the suppliers to rectify the problems and make continuous improvements. During the
supply chain links with a total of 303 suppliers and localized procurement accounting for 60%. reporting period the number of events with significant risks and impacts in the identified supply chain links was 0.Localized procurement
With a total of suppliers accounting
303 60 In the annual supplier audit ESG indicators include but are not limited to:%
Employee training and development
1 Access Evaluation Management
Awareness education of employees regarding quality environment occupational health and safety
Before onboarding new suppliers the Company conducts multi-channel assessments of
suppliers' production capacity product quality and management standards through
Democratic communication and employee satisfaction surveys
information collection and risk evaluation. For production suppliers ISO 9001 Quality
Suppliers had obtained
Management System or equivalent certification is required with on-site audits conducted ISO 9001 QMS certification
when necessary. Suppliers are added to the Approved Supplier List only after approval by Employee labor protection supplies
the General Manager or authorized designee. As of the end of the reporting period 286 286
suppliers had obtained ISO 9001 QMS certification. Handling of customer complaints and improvement of customer satisfaction
The signing rate of the Integrity Agreement/
Newly admitted suppliers that pass the audit are required to sign the Integrity Agreement Quality Agreement by suppliers Environmental protection safety warnings and sanitation facilities
which includes contents such as business ethics and anti-corruption and send back the
Notification Letter on Strengthening Supplier Quality Management to ensure ethics and 94.4%
integrity as well as qualified quality during the procurement cooperation process. As of the Emergency response measures related to the environment and safety
end of the reporting period the signing rate of the Integrity Agreement/Quality Agree-
ment by suppliers was 94.4%.
77 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 78Join Hands for Mutual Success Evergreen Empowerment EVERGREEN TECHNOLOGY
17 Jiangsu Provincial Decoration and Renovation 24 China Elevator Association
Empowering Industry Advancement Industry Association (Chamber of Commerce)
18 Shanghai Stone Industry Association 25 Metal Composite Materials Branch of China Building Materials Federation
In the context of an era where the concepts of economic globalization and sustainable development have taken root in people's hearts
the development of an enterprise does not exist in isolation but is closely linked to the entire industrial ecosystem. Based on this 19 Curtain Wall Shared Design Professional 26 China Building Materials Federation
Evergreen Technology with a high sense of responsibility and mission continuously improves our innovation capabilities and core Committee of Shanghai Creation Society
competitiveness. We work closely with partners both upstream and downstream of the industrial chain injecting strong driving force of Building Curtain Wall Professional Committee of Architecture and Municipal Engineering Products
Evergreen Technology into the creation of a harmonious healthy and sustainable industrial ecosystem. 20 27 Application Branch of China Association for Engineering Shanghai Decoration and Renovation Industry Association Construction Standardization
21 Shenzhen Architectural Doors Windows General Chamber of Commerce and Curtain Wall Society 28 of Xinbei District Changzhou
1 Communication & Engagement 22 Member of Shenzhen Decoration 29 Association of Women Entrepreneurs Industry Association of Jiangsu Province
As a pioneer in the "sandwich" lightweight composite material industry and the first enterprise in China to introduce this material into
the architectural decoration field Evergreen Technology adheres to a forward-looking vision and an open attitude. We not only jointly 23 Shenzhen Building Decoration Industry Federation 30 Jiangsu Advanced Materials Industry Association
explores technologies and exchanges experiences with global peer enterprises through forms such as forums exchange and study
meetings and industry exhibitions but also publicly discloses our patented technologies and enterprise standards to the industry free
of charge. Currently the Company has become an official member of 30 ESG-related associations.Evergreen Technology Participated in the
Case 2024 Beijing-Nanjing International Urban
Rail Transit Exhibition and Summit Forum
01 Youth Entrepreneurs Chamber of Commerce in Jiangsu Provincial Listed Companies Association 09 Xuejia Town Xinbei District Changzhou In June 2024 Evergreen Technology was invited to attend
the 2024 Beijing-Nanjing International Urban Rail Transit
Jiangsu Provincial Association of
02 Changzhou Capital Market Association 10 Exhibition and Summit Forum. Centering around the exhibi-Professional Managers
tion theme of "Diversified Integration and High-quality
Rail Transit Professional Committee of Changzhou
03 Changzhou Association for Foreign Investment
Sustainable Development" the Company showcased the
Association for Comprehensive Transportation 11 and Economic Cooperation "sandwich" lightweight composite materials applied in
public transportation facilities such as subway stations
Railway (Rail) Branch of Jiangsu Provincial
04 12 Women Entrepreneurs Association of Xuejia
C3Future Building Expo high-speed rail platforms and airport terminals. Through
Association for Comprehensive Transportation Town Changzhou this exhibition Evergreen Technology fully demonstrated
our innovative strength and industry influence in the fields of
05 13 Chamber of Commerce for Women Entrepreneurs China Association of Women Entrepreneurs rail transit and architectural decoration.of All-China Federation of Industry and Commerce
06 Changzhou Association of Women Entrepreneurs 14 Changzhou Charity Federation
07 Member of Changzhou Association High-Tech Enterprise Association of for Production Safety 15 Xinbei District Changzhou
08 Changzhou Chamber of Commerce for Urban 16 Changzhou Decoration and Renovation Renewal and Carbon Neutrality Industries Industry Association
InnoTrans 2024 Rail Industry Exhibition (Berlin Germany)
79 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 80Join Hands for Mutual Success Evergreen Empowerment EVERGREEN TECHNOLOGY
2 Standard Co-Authoring Commitment to Philanthropy
The Company actively participates in the formulation of industry standards and the compilation of technical specifications injecting
the strength of Evergreen Technology into promoting the healthy orderly and high-quality development of the industry. As of the end Evergreen Technology deeply understands that "the development of an enterprise is inseparable from the support of society and it is
of the reporting period the Company has participated in the compilation of 8 standards. the due responsibility of an enterprise to give back to society and care for the vulnerable groups." In the process of pursuing the
economic benefits and sustainable development of the enterprise we have always adhered to the concept of giving back to society
TCBDA 67 - 2023 Technical Regulations for Component Glass Curtain actively devoted ourselves to public welfare and charity donation undertakings and cared for the elderly and the weak in the communi-
Standards Wall Installation ty. Through practical actions we have contributed to the progress and development of society and demonstrated the enterprise's sense
Participated in of responsibility.Compilation by Technical Specification for Escalators for Metro Use - TCEA 301—2023
Evergreen In 2024 in accordance with past practice the Company donated a total of RMB 1.025 million to the Changzhou Charity Federation and
Technology
Ultra-thin Natural Stone Composite Panels (JC/T1049-2007) the Guangcai Program Foundation which was used to support various public welfare and charity undertakings such as poverty allevia-
tion and development earthquake relief ecological construction cultural protection and employment promotion.Stone Honeycomb Composite Panels for Architectural
Decoration (JG/T328-2011) Case Evergreen Technology Participated in the New Year's Consolation Activity in Dongzhou Village
Aluminum Honeycomb Composite Panels for Building
Exterior Walls (JG/T334-2012) On December 31 2024 Evergreen Technology took part in the New
Technical Specification for Curtain Wall Engineering of Year's consolation activity in Dongzhou Village Hengshanqiao Town.Engineered Panels (JGJ336-2016) During the consolation process the company's chairman had cordial
conversations with the villagers inquiring about their living conditions
Aluminum Honeycomb Composite Panels for General and actual difficulties. A total of 48 elderly people over 80 years old
Decoration (JC-T2113-2012)
were presented with daily necessities and cash subsidies providing
National Architectural Standard Design Atlas 06J505-1 Exterior Decoration them with tangible assistance for their lives.Evergreen Technology Hosted the Establishment and First Working Meeting
Case of the Compilation Team of "Stone Honeycomb Composite Panels for
Architectural Decoration" (JG/T328-2011)
Case Evergreen Technology Participated in the "Love Potato"Public Welfare Assistance Activity
On September 13 2024 as the industry leader in ultra-thin
stone honeycomb panel products the Company held the In July 2024 Evergreen Technology actively responded to the call of
establishment and first working meeting of the compilation the Changzhou Foreign Economic Association and participated in the
team of "Stone Honeycomb Composite Panels for Architec- "Love Potato" public welfare assistance activity by subscribing to
tural Decoration" (JG/T328-2011). During this meeting selenium-rich small potatoes from Ziyang County Ankang Shaanxi.Evergreen Technology introduced the process of introduc- Evergreen Technology took practical actions to contribute to rural
ing the ultra-thin stone honeycomb panel technology to revitalization help the poverty-alleviated people in Ziyang County
the attendees and had a heated discussion with more than increase their incomes fulfill the corporate social responsibility and
20 experts and leaders from all over the country. Many convey love and warmth.
opinions and suggestions were put forward at the meeting which were highly recognized by the leaders of the Standardiza-
tion Committee of the Ministry of Housing and Urban-Rural Development present at the meeting. The successful holding of
this meeting will help with the revision of this standard and provide more authoritative guarantees for the healthy and
high-quality development of the industry.
81 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 82Appendix EVERGREEN TECHNOLOGY
Appendix 1 Key Performance Tables
Category Unit 2024 2023 2022
Category Unit 2024 2023 2022 Exhaust Gas Management
5
Volatile Organic Compounds Tons 0.33 0.329 /
Environmental2
Sulfur Oxides Tons 0.17 0.164 /
Energy Consumption3
Nitrogen Oxides Tons 0.7 0.68 /
Total Energy Consumption Megawatt-hours 6039.28 6218.43 6313.07
Particulate Matter Tons 0.474 0.17 0.16
Renewable Energy Consumption Tons of standard coal equivalen 293.35 / /
Wastewater Management
Electricity Megawatt-hours 4042.65 4331.10 4157.26
Wastewater Discharge Tons 8010 7980 8000
Natural gas 10000 cubic meters 14.78 14.88 17.18
COD Emissions in Wastewater Tons 0.721 / /
Diesel Tons 6.01 10.46 10.00
Ammonia Nitrogen Emissions in
Wastewater Tons 0.328 / /
Gasoline Tons 38.84 24.48 28.39
Waste Disposal
Greenhouse Gas Emissions4
Total Waste Emissions Tons 144.32 / /
Tons of CO2
Scope 1 greenhouse gas emissions equivalent 463.75 435.54 496.54
Tons of CO Total Domestic Waste Generated
Tons 55 / /
2
Scope 2 greenhouse gas emissions equivalent 2169.28 2470.02 2415.37
General Industrial Solid Waste
Generated Tons 81.3 / /
Total GHG emissions (Scope 1 and Tons of CO2
Scope 2) equivalent 2633.03 2905.56 2911.81 General Industrial Solid Waste
Recycled Tons 62 / /
Hazardous Waste Generated Tons 70.02 77.16 81.48
2 Unless otherwise specified the data in the environmental section covers the headquarters of Evergreen Technology and our subsidiary Evergreen Decorating. Waste Compliance Disposal Rate / 100% 100% 100%
3 During the reporting periodthe scope of statistics for energy consumption data has been expanded. The data now covers Evergreen Decorating TrainFX (Anhui) and the Headquar-
ters. The data for 2023 and 2022 has been broadened compared to the range disclosed in previous reports.
4 During the reporting period the statistical scope has been expanded. The data coverage now includes Evergreen Decorating TrainFX (Anhui) and the Headquarters. The 2023 and
2022 figures reflect a broader reporting boundary compared to previously disclosed data. 5 The data in this section are based on the data in this report.
83 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 84Appendix EVERGREEN TECHNOLOGY
Category Unit 2024 2023 2022 Category Unit 2024 2023 2022
Social Employee Attraction and Turnover
Total Number of Employees Persons 790 755 639 Total Employee Turnover Rate / 21.00% 18.08% 18.75%
Employee Employment Below 30 years 39.84% 31.8% 37.12%
︵
Below 30 years 151 148 83 31 to 40 years 21.99% 21.13% 21.55%
/
31 to 40 years 220 224 182 41 to 50 years 13.71% 13.28% 12.45%Age
Distribution Persons ︶
41 to 50 years 214 222 204 Over 50 years 6.39% 11.05% 7.10%
Over 50 years 205 161 170
︵ Male 20.15% 21.54% 18.15%
Gender Male 630 601 514
/
Distribution Persons
︶ Female 24.17% 10.47% 17.76%
Female 160 154 125
Bachelor's Degree and
Above 152 130 87 Below 30 years 117 / /
︵
Associate Degree 133 116 152 31 to 40 years 76 / /Education
Distribu- Persons Persons
tion High School and Technical
Secondary School 184 201 160 41 to 50 years 40 / /
︶
Junior High School and 321 308 240 Over 50 years 12 / /Below
Senior Management
Personnel 50 59 68 ︵ Male 206 / /
Functional Persons
Distribu- Persons
tion Junior Management Personnel 54 37 32 ︶ Female 39 / /
Employees 686 659 539
85 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 86
Turnover Rate Turnover Rate New Hire Rate New Hire Rate
By Age Group By Gender By Age Group By GenderAppendix EVERGREEN TECHNOLOGY
Category Unit 2024 2023 2022 Category Unit 2024 2023 2022
Socially Responsible Hiring Social Welfare
Social Welfare Investment RMB 10000 102.5 102.5 2.5
In-service Veterans Persons 4 / /
Socially
Responsible Special Investment
Recruitment
In-service Local
Personnel Persons 234 / / Environmental Protection Investment RMB 10000 133.11 108.49 116.65
Employee Training Safety Investment RMB 10000 266.75 150.91 158.64
Total Employee Employee Training RMB 10000 30.43 41.5 1.16
Training Hours Hours Hours 11850 7220 3588
Male 9450 2133 577
Distributed by
Gender Hours
Female 2400 145 140
2 Index Table
Total Training Duration Hours 4740 2180 718
Product Quality-Re-
lated Training
Training Participation
Headcount Persons 790 728 718
Contents Shenzhen Stock Exchange GRI Standards
Total Training Duration Hours 3160 1144 1152
Skills Enhancement
Training
Training Participation About This Report — 2-2 2-3
Headcount Persons 790 286 288
Chairman's Message — —
Total Training Duration Hours 3950 3612 1435
Work Safety
Training
Training Participation ?About Evergreen Technology — 2-1 2-2
Headcount Persons 790 728 718
Occupational Health and Safety Sustainability Management Stakeholder communication 2-16 2-29 3-1 3-2 3-3
2-92-122-132-14
Occupational Disease Incidence Rate / 0 / / Robust Corporate Governance Due Diligence
Stability and 2-17 405-1 2-10 2-11
Prosperity
Number of Work-Related Injuries Persons 3 / / Evergreen Value
Adherence to Business Ethics Anti-commercial bribery and corruptionAnti-unfair competition 205-1 205-2 205-3
Number of Work-Related Fatalities Persons 0 / /
Data security and customer privacy
Ensuring Information Security 2-25 2-27
Number of Workdays Lost Due to Injuries Days 75 / / protection
87 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 88Appendix EVERGREEN TECHNOLOGY
Contents Shenzhen Stock Exchange GRI Standards
Pursuing Excellence 3 Reader Feedback Form
in Quality Product and service safety and quality —
Innovation for
Empowerment Dear ReaderDriving Innovative Innovation drive
Evergreen Development Technology ethics — Greetings!
Quality Thank you very much for taking the time to read the Changzhou Evergreen Technology Co.Ltd. 2024 Environmental Social and
Governance Report. We sincerely hope that you can provide your evaluation of this report and share your valuable feedback. Please feel
High Quality
Customer Service Product and service safety and quality 416 417 418 free to use any of the following methods to submit your comments to us.Strengthening Environmental Environmental compliance
Management management — Tel 0519-68867972 Email cetstock@cearail.com Address No. 300 Hehai West Road Xinbei District Changzhou City Jiangsu Province
Circular economy
Energy utilisation
Practicing Green Operations
Green Low-Carbon Water utilisation
301 302 303 Your information
Evergreen Priority Ecosystem and biodiversity conservation
Name： Work unit：
Responding to climate change Responding to climate change 305 Contact number： Email：
Waste disposal Feedback of opinions：
Compliant Pollution Emissions Pollutant emissions 303 305 306
Diverse and Equal 2-7 2-8 401 402 405 406 407 Employees 1/ What is your overall evaluation of the Company's ESG report □ Good □ Fairly good □ Fair Employment 408 409
Harmonious Caring for Employee Employees — 2/ Do you think this report can reflect the significant impact of the Company's ESG issues □ Yes □ Average □ Don't know Workplace Well-being
Evergreen
Development Supporting Employee Employees 404 3/ How do you think about the clarity accuracy and completeness of the information and data disclosed in this reportDevelopment
□ High □ Relatively high □ Average □ Relatively low □ Low
Ensuring Health and Safety Employees 403
4/ Which aspect of this report are you feel most satisfied with
Supplier ESG Management Supply chain security 308 414
Join Hands for
Mutual Success Empowering Industry
Evergreen — 2-28 5/ What material issues are you interested inAdvancement
Empowerment
Commitment to Philanthropy Social contribution 413
6/ What additional information would you like to know more about
Key Performance Tables — —
7/ What suggestions do you have regarding the Company's ESG initiatives and this report
Report Disclosure Index Table — —
Reader Feedback Form — —
89 2024 Environmental Social and Governance Report 2024 Environmental Social and Governance Report 90
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