ENVIRONMENTALSOCIAL
AND GOVERNANCE REPORT
Address: No. 2198 East Section of Development Avenue
Jiaojiang District Taizhou City Zhejiang Province
Tel: 0576-8981-1901
Email: sjzqb@crystal-optech.com Zhejiang Crystal-Optech Co. Ltd.CONTENTS 01 02 03
About Crystal-Optech ?? ESG Management ?? Excellence in Governance
Building the Cornerstone
Company Profile ?? ESG Goal and Vision ?? of Development ??
About This Report ??
Development Strategy ?? ESG Governance ?? Standardize Corporate Governance ??
Message from the Chairman ??
Corporate Culture ?? Communication with Stakeholders ?? Protecting Investors' Rights and ??Interests
Honors ?? Management of Material Topics ?? Practicing Business Ethics ??
Development History ??
Performance in ???? ??
CRYSTAL 04 05 06Green Leadership Value Co-creation Writing a New People-oriented Building a ??
Co-Creating a Low-Carbon Future ?? Chapter of Development ?? Harmonious Workplace
Response to Climate Change ?? Innovation-Driven ?? Occupational Health and Safety ??
OPTECH Environmental Compliance ?? Supply Chain Management ?? Protection of the Legitimate ??Management Rights and Interests of EmployeesResource Management ?? Product and Service Safety and ?? Employee Training and Development ??
Quality
Data Security Guarantee ??
07
Looking Ahead ?? Walk Hand in Hand in Public
Welfare and Jointly Paint a Scroll
Annex ?? of Love ??
Indexes ??? Rural Revitalization ??
Feedback Form ??? Public Welfare and Charity ??About
This
Report
Introduction Definition
This report is the first Environmental Social and Governance Report released by Zhejiang Crystal-Optech Co. Ltd. Adhering to the For the ease of expression and readability the following terms are used in this report:
principles of objectivity standardization transparency and comprehensiveness the report details the management strategies
practices and performance of Zhejiang Crystal-Optech Co. Ltd. and its holding subsidiaries in the areas of environmental social and Term Interpretation
corporate governance during ????.Crystal-Optech the Company or we/us Zhejiang Crystal-Optech Co. Ltd.Crystal-Optech Jiangxi Crystal-Optech Jiangxi-Optech Co.Ltd.Reporting Scope Jiangxi Jingchuang Jiangxi Jingchuang Technology Co. Ltd.T-Best Electronics Zhejiang T.Best Electronic Information Technology Co. Ltd.Reporting Period: The timeframe for the report is January ? ???? to December ?? ????. In order to improve the comparability and Crystal-Optech Linhai New T.Best New T.Best Optoelectronics Co. Ltd.completeness of the report some of the statements and data are retrospective and extended as appropriate.Scope of Organization: This report takes "Zhejiang Crystal-Optech Co. Ltd." as the main body including its subordinate holding Yeshili Yeshili New Materials Co. Ltd.subsidiaries unless otherwise specified the scope of this report is consistent with the scope of the Company's annual report. Yeshili Xianju Yeshili New Materials (Xianju) Co. Ltd.Crystal-Optech Hongkong Crystal-Optech Technology (Hongkong) Co. Ltd.Crystal-Optech American Crystal-Optech technology (California) Co.Ltd.Release Cycle Crystal-Optech Japan Crystal-Optech（Japan）Co. Ltd.Crystal-Optech Vietnam CRYSTAL-OPTECH VIETNAM CO. LTD
This Environmental Social and Governance Report is released on an annual basis. COTC COTC HOLDING PRIVATE LIMITED
COTV COTV HOLDING PRIVATE LIMITED
COT Vietnam COT VIETNAM CO. LTD
Preparation Basis Crystal Display Zhejiang Crystal Display Technology Co.Ltd.Guidelines No. 1 of the Shenzhen Stock Exchange for the Self-regulation of Listed Companies - Standard Operation of Companies Listed Crystal-Run Opto Zhejiang Crystal-Run Opto-Electronics Technology Co.Ltd.on the Main Board Crystal-Schott Zhejiang Crystal-SCHOTT Optical Technology Co.Ltd.Guidelines No. 17 of the Shenzhen Stock Exchange for the Self-regulation of Listed Companies - Sustainability Report (Trial) Lumus Lumus Ltd.Global Reporting Initiative (GRI) Sustainability Reporting Standards (GRI Standards)
OPTORUN Japan OPTORUN Co.Ltd.China Enterprise Reform and Development Society Chinese Corporate Sustainable Development Report Guidelines (CASS-ESG6.0)
Task Force on Climate-related Financial Disclosures (TCFD) Framework OLPF Optical Low Pass Filter
UN Sustainable Development Goals (SDGs) AR-HUD Augmented Reality-Head Up Display
Sustainability Accounting Standards Board (SASB) Standards
Access and Feedback
Data Sources and Explanations This report is published in both Chinese and English versions. When there is ambiguity or conflict between the two languages the
The financial data in this report are sourced from the ???? Annual Report of Zhejiang Crystal-Optech Co. Ltd. and other informa- Chinese version shall prevail. You can check and download the report in electronic version from the official website of Shenzhen
tion and data are from the statistical summaries of the data of the relevant departments of the Company or public documents and Stock Exchange (http://www.szse.cn/) CNINFO Information Network (http://www.cninfo.com.cn/) the official website of Zhejiang
there are no false records misleading statements or material omissions in the content of the report. Unless otherwise stated the Crystal-Optech Co. Ltd. (https://www.crystal-optech.com/) and the Company's WeChat Official Account.monetary amounts covered in this report are measured in RMB.If you have any comments or suggestions on the report please contact us by the following means:
Address: No. ???? East Section of Development Avenue Postal code: ??????
Jiaojiang District Taizhou City Zhejiang Province Tel: ????-????????
Email: sjzqb@crystal-optech.com
02 PAGE PAGE 03Message
from the
Chairman
Dear shareholders investors partners and friends from all walks of life:
Hello everyone!
The year ???? as a key point in the promotion of the ??th Five-Year Plan is full of challenges and opportunities. In the complex and assistance education assistance employment assistance etc. in order
ever-changing global economic situation and increasingly severe environmental issues Crystal-Optech has achieved remarkable to give back to the society through practical action.results by adhering to the business policy of "Adjusting Structure and Optimizing Layout Limiting Expenses and Reducing Risks and
Building Endogenous Competitiveness". At the same time we have always adhered to the core concepts of "Excellent Governance Looking ahead to the future we will continue to uphold the corporate
Green Development and Social Responsibility" deeply integrated ESG concepts into our corporate development strategy and mission of "Innovation makes optics more powerful optics make the
actively fulfilled our social responsibilities in the course of realizing our own high-quality development contributing to the building world a better place" unswervingly follow the path of sustainable
of a harmonious society. development continuously improve ESG governance level and make
unremitting efforts to realize high-quality development of the enterprise
This year we have been deeply cultivating excellence in governance and consolidating the foundation of development. and create greater value for the society!
The Company continues to improve its governance structure strengthen compliance risk management and internal control system
and continuously enhance its governance effectiveness. We have always put the interests of investors in the first place standardized Finally I would like to sincerely thank all shareholders investors part-
information disclosure strengthened communication with stakeholders through diversified channels such as performance exchange ners and friends from all walks of life for their long-term concern and
meetings and Easy Interaction Q&A and made every effort to shape an open transparent and responsible corporate image. support for Crystal-Optech!
This year we have practiced green development and led low-carbon change. We are well aware that green development is the
only way for sustainable development of enterprises. The Company continues to strengthen the management of water resources and
promote technological upgrading to achieve efficient recycling of water resources; optimize the energy structure and vigorously pro-
mote the use of photovoltaic green power and other clean energy; and actively participate in climate change action and be commit-
ted to reducing carbon emissions leading the industry towards a green and low-carbon future and making a little contribution to
the construction of a beautiful China.This year we have taken social responsibilities bravely and written a new chapter in development. We keep up with the
cutting-edge trends in the industry continue to increase investment in research and development build a perfect talent training and
technological innovation system and drive the enterprise development with scientific and technological innovation. We practice the
concept of circular economy improve the efficiency of material utilization work together with suppliers to improve the whole life
cycle management of products and continuously improve the quality of products and services. We adhere to the people-oriented Lin Min Chairman of Crystal-Optech
create a harmonious workplace environment effectively protect the rights and interests of employees pay attention to employee
growth and build a broad platform for employees to realize their self-worth.This year we have been enthusiastic about public welfare and jointly painted a picture of love. We actively respond to the
national strategy of rural revitalization and help the development of the countryside through a variety of ways such as consumer
04 PAGE PAGE 0501
About Crystal-Optech
CRYSTAL
OPTECH
Company Profile
Development Strategy
Corporate Culture
Honors
Development History
Performance in ????
06 PAGE PAGE 07Company Profile Honors
Zhejiang Crystal-Optech Co. Ltd. was established in August ???? headquartered in Taizhou Zhejiang and listed on the Shenzhen Awarding Honor
Stock Exchange in September ???? (Stock Abbreviation: Crystal-Optech; Stock Code: ??????). Award Name Awarder Award PictureTime Winner
The Company specializes in R&D production and sales of products related to optical imaging thin film optical panels automotive
electronics (AR+) reflective materials and other fields and its products are widely used in consumer electronics automotive optics Economy and
AR/VR etc. For more than two decades the Company has adhered to the innovative development in the optical industry commit- December Crystal-Optech Zhejiang Eagle Enterprise???? Information Technology
ted to becoming a globally outstanding one-stop optical solution expert. Under the guidance of the three strategic principles of Department of Zhejiang
"Globalization Technology-based and Open Cooperation" Crystal-Optech has established comprehensive in-depth and stable
cooperative relationships with domestic and foreign end customers and has strong comprehensive competitive advantages in
fields such as thin film optics semiconductor optics and precision manufacturing. At present the Company has built six production December ???? Taizhou Economy and
???? Crystal-Optech Municipal Water-saving Information Technology bases with a land area of nearly ???? mu which are located in Taizhou Zhejiang Province (Binhai Cluster Area Linhai) Yingtan Enterprise Department of Zhejiang
Jiangxi Province Dongguan Guangdong Province and Vietnam.December Economy and Crystal-Optech High-tech Enterprises???? Information Technology
Development Strategy Department of Zhejiang
CPC Taizhou Jiaojiang
Globalization D i s t r i c t C o m m i t t e e
February Major Technical Innovation
Crystal-Optech Taizhou Jiaojiang District
Markets: Seven subsidiaries and offices covering Greater China Pan-Asia Pacific and European and American markets ???? Award in ???? People's Government
Production: Six production bases at home and abroad providing services for international and domestic customers
R&D: Building an international R&D cooperation system with the platform of overseas subsidiaries Economy and Information
Technology Department
o f Z h e j i a n g T a i z h o u
Technology-based December Crystal-Optech
???? Taizhou Municipal Water Resources Bureau
???? Water-saving Enterprise Taizhou Comprehensive
In ???? the Central Research Institute was established accumulating optical thin film design technology semiconductor optical A d m i n i s t r a t i v e L a w Enforcement Bureau
technology precision optical processing technology automated intelligent technology hardware structure design technology
optical system design technology system testing technology measurement and analysis technology and providing customers with
one-stop optical solution service through the construction of technology platforms Application Promotion
December National Advantageous Intellectual D e p a r t m e n t o f C h i n a
???? Crystal-Optech Property Enterprise National Intellectual
Property Administration
Open Cooperation
Maintain close technical and business cooperation with the upstream and downstream industry chain Ministry of Industry and
December Crystal-Optech Manufacturing Single Champion Information Technology of
???? Demonstration Enterprises the People's Republic of China企业文化
Mission Core Values
Innovation makes optics more powerful Learning growth gratitude and sharing Economy and Information Zhejiang Hidden
Optics make the world a better place December Crystal-Optech Technology Department ???? Champion Enterprise of Zhejiang
Vision Business Philosophy
Becoming a globally outstanding one-stop Being a noble person and doing excellent things
optical solution expert
08 PAGE PAGE 09Development Performance in ????
History
Operating Income 62.78 RMB ??? million
2002 2003 2005 Net Profit Attributable to Shareholders of the Listed Company 10.30 RMB ??? million
Crystal-Optech Security camera Becoming Sony's exclusive domestic supplier
established OLPF started Infrared cut-off filter supplied to international Economic
Performance Total Assets 116.80 RMB ??? millionmainstream mobile phone terminals
Environmental Investment 302.17 RMB?????
20082006
Listed on the Mobile phone revenue exceeds Rectification Rate of Environmental Hazards 100 %
Shenzhen Stock Exchange camera revenue
Number of Environmental Training Sessions 7 /
Pollutant Monitoring Compliance rate 100 %
2009 2010 2011 Hazardous Waste Recycling Rate 23 %
Establish Crystal Acquiring Taijia to strengthen Strategic cooperation with
Display R&D and production cold processing technology Lumus to lay out the reflective Proportion of Recycled Water in Total Water Consumption 48 %
of micro projection modules waveguide route
Other Clean Energy Usage 157281000.00 kWh
Environmental
Performance Scope ? Greenhouse Gas Emissions 365.94 tCO?e
20142012
Investing in OPTORUN Japan Entering North American Scope ? Greenhouse Gas Emissions 22506.09 tCO?e
Acquiring reflective materials for major clients
Yeshili layout Total Greenhouse Gas Emissions (Scope ? and Scope ?) 22872.03 tCO?e
RMB Greenhouse Gas Emission Intensity 0.049 tCO?e/????? yuan (value of production)
2015 2016 Reduction of GHG Emissions 15558.35 tCO?e
Combination Head Up Display (C-HUD) Investing in
Enters the Automotive MarketInitiate the Lumus Israel
first Amoeba mechanism reform
Percentage of Female Directors 16.67 %
Percentage of Independent Directors 33.33 %
2019 2017 Number of Anti-corruption Training Sessions /
Strategic cooperation with Digilens Establishing the Central Research 7
to lay out diffraction waveguide Institute OPTORUN Japan launched Corporate
routes Governance Easy Interaction Response Rate 100 %
Performance
Total Cash Dividend 41261.99 RMB?????
20202021
The first global AR-HUD Overseas Vietnamese manufacturing R&D Investments 40779.48 RMB?????
equipped with Hongqi EHS? base put into operation
has been launched Cumulative Number of Authorized Patents 525 Item
Product Yield 88.75 %
2022 Customer Satisfaction 89.50 %
The development of camera cover business as the second pillar of revenue
AR-HUD exclusively for Chang'an Deep Blue Investment in Safety Education and Training 59.70 RMB?????
Social
Performance Total Hours of Employee Training 32899.89 Hour
Total Investment in Rural Revitalization 11.00 RMB?????
20232024
The first domestic AR-HUD supplier has been designated by The construction of the new Crystal-Optech Total Investment in Social Welfare 16.80 RMB?????
overseas mainstream car manufacturersInitiate the second Linhai plant was completed and put into
phase of overseas Vietnam base construction operation
10 PAGE PAGE 1102
ESG Management
CRYSTAL
OPTECH
ESG Goal and Vision
ESG Governance
Communication with Stakeholders
Management of Material Topics
12 PAGE PAGE 13ESG Goal and Vision Focus Areas Corresponding Title Below Action of Crystal-Optech in 2024 SDGs
Crystal-Optech takes ESG concept as an important part of the Company's development strategy focusing on corporate governance
green manufacturing social responsibility and other areas grasping the opportunities for sustainable development in the new era
striving to achieve the United Nations Sustainable Development Goals (SDGs) and leading the Company towards a higher quality
and more sustainable development path.Focus Areas Corresponding Title Below Action of Crystal-Optech in 2024 SDGs The Company establishes a perfect safety produc-
tion management system to guarantee the safety
The Company continuously improves its gover- of employees; relies on the Crystal Business School
nance structure strengthens compliance risk man- and employee training programs to accelerate the
agement and internal control and builds the construction of the talent team; formulates the
Corporate Excellence in Governance cornerstone of the Company's development. At the Labor Protection Management Procedures for
Governance Building the Cornerstone of Development same time the Company standardizes information People-oriented Female Employees to safeguard the legitimate
disclosure behavior protects the legitimate rights Building a Harmonious rights and interests of female employees; recruits
and interests of investors and strengthens com- Workplace talents through various channels such as social
munication with stakeholders through various recruitment campus recruitment online recruit-
activities such as performance exchange meetings ment etc. and at the same time recruits veterans
and Easy Interaction Q&A. and people with disabilities; establishes a fair and
reasonable salary management system and a
scientific performance appraisal mechanism;
Social respects the cultural differences and customs of
Responsibilities different nationalities races and religions and
The Company strengthens water resource manage-
rejects any form of forced labor to build a harmoni-
ment enhances the water-saving awareness and
ous workplace.promotes the recycling of water resources with
Green Green Leadership technological upgrading; optimizes the structure
Manufacturing Co-Creating a of energy utilization and promotes the use of
Low-Carbon Future clean energy such as photovoltaics and green
power; and actively participates in coping with the
governance of climate change reduces carbon
emissions and leads the industry in low-carbon
transformation.The Company actively responds to the national
Walk Hand in Hand rural revitalization strategy and promotes local
in Public Welfare and development through consumption assistance
Jointly Paint a Scroll
of Love education assistance and employment assistance.The Company keeps up with the industry's
cutting-edge continuous technological innovation
builds a perfect supporting mechanism for talents
and technological innovation system; practices
Social Value Co-creation Writing the concept of recycling economy improves the
Responsibilities a New Chapter of efficiency of material util ization; maintains
Development long-term and stable cooperative relationship
with suppliers improves the whole life cycle man-
agement process of products and promotes the
improvement and optimization of the quality of
products and services.
14 PAGE PAGE 15ESG Governance Communication with Stakeholders
Governance Framework Crystal-Optech emphasizes the communication and exchange with its stakeholders. The Company has established a diversified
communication platform to obtain the demands expectations and constructive opinions of all stakeholders in a broad and in-depth
In order to standardize the Company's ESG management and ensure the effective operation of the ESG management system Crys- manner and has fully considered and responded to them positively in an effort to create greater comprehensive value of sustain-
tal-Optech has formulated the Environmental Social and Governance (ESG) Working Rules built an ESG governance framework con- able development for the stakeholders and to realize mutual benefits and win-win situation between the Company and the stake-
sisting of the Board of Directors the Strategy and Sustainability Committee and the ESG Joint Working Group and fully considered holders.ESG-related impacts risks and opportunities in the process of strategy implementation risk management and major decision-mak-
ing and has comprehensively enhanced the Company's ability to fulfill ESG responsibilities.Stakeholders Expectations and Requirements Our Responses
Crystal-Optech's ESG Governance Framework and Responsibilities
Level Governance subject Components Responsibilities
Regulating Corporate Governance Regulating corporate governance
Responsible for overseeing and approving Compliance and Risk Management Conducting internal audits
ESG strategies and policies to ensure
Board of Directors alignment with the Company's long-term Government and Tax Compliance Tax risk management
development objectives. Regulatory Anti-bribery and Anti-corruption Practicing business ethics
Decision-making Level Board members Responsible for developing ESG strategy Authorities
Strategy and overseeing ESG performance and major
Sustainability decisions; identifying and monitoring
Committee ESG-related risks and opportunities and
guiding management to take appropriate Enhancing information disclosure
countermeasures. Protection of Shareholder Equity Investor relationship management
The Company‘s general Responsible for developing and imple- Anti-bribery and Anti-corruption Protecting the legitimate rights and
Managerial Level m a n a g e r e a c h E S G menting ESG policies strategies and Shareholders and Stakeholder Communication interests of small and
matter related func- objectives managing risks and improving Investors medium-sized shareholders
Executive Level ESG Joint Working Group
tional department ESG systems and supervising the implementa-
contact person of sub- tion of practices to fully promote the
sidiaries Company's ESG work. Occupational disease hazard factor
detection and protection
Protection of employees' rights a
Occupational Health and Production Safety
ESG Training nd interestsEmployee Training and Development
Salary and benefit system
Protecting the Legitimate Rights and Interests
Staff training management
Case Toward a new chapter of sustainable development Crystal-Optech held an ESG kickoff meeting Employees of Employees Employee development access
Strengthening democratic
On June ?? ???? Crystal-Optech held an ESG kickoff meeting. The Company has hired external experts to provide train- management and employee care
ing for the management team and ESG joint working group covering cutting-edge environmental protection strategies
social responsibility implementation and optimization and improvement of corporate governance. This enables person-
nel at all levels to clearly grasp the close relationship between ESG and daily operations of the enterprise and compre- Customer privacy protection
hensively enhance their profound understanding of the connotation of ESG.Data Security and Privacy Protection Controlling product quality a
Product and Service Safety and Quality nd safety
Customers Protecting the rights and interests
of customers
Building a responsible supply
chain
Supply Chain Security Conducting supplier safety
training
Suppliers
Conflict minerals management
Carrying out school-enterprise
R&D and Innovation cooperation
Guild/Association Building innovation platforms
ESG Training Site
16 PAGE PAGE 17Issue evaluation process Analysis method
Stakeholders Expectations and Requirements Our Responses
?Financial materiality assessment
Step 3 Through the analysis of impacts dependencies and other factors in combination with expert judg-
Greenhouse gas emission Assess the materiality ment and risk identification and evaluation lists from departments risks and opportunities under
management of topics each relevant topic were identified and assessed and topics with financial materiality were identi-
Addressing Climate Change Helping to save energy and reduce fied.Environmental Compliance Management emissions
Pollutant Emissions Environmental compliance
Waste Disposal management Step 4 An topic list was formed based on impact materiality and financial materiality and efforts were
Environmental Energy Utilization Pollution compliance emissions Identify and approve made to ensure that the relevant topics are transparently fairly and comprehensively disclosed in
Improving resource material topics the report.utilization efficiency
Implementing green office
Rural Revitalization Helping to revitalize rural areas Identification Results of Material Topics
Social Contribution Participating in public welfare a
Communities nd charity activities
Water Resource Stakeholder
Utilization Communication Response to Climate Occupational Health and Safety
Change
Circular Economy Regulating Corporate Product and Service Safety
Management of Material Topics Governance Environmental and Quality
Protection of Compliance
Employees’Legal Compliance and Risk Management Supply Chain Security
Assessment Process and Methods Rights and Interests Management Pollutant Emissions R&D and Innovation
With reference to the Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 17 - Sustainable Development Employee Training and Tax Compliance
Development Waste Treatment
Reports (For Trial Implementation) (hereinafter referred to as the“ the Guidelines”) and based on the characteristics of the industry Protection of Shareholder
and the business realities of the Company we conducted a comprehensive assessment of the Company’s performance on various Data Security and Equity Energy Utilization
relevant topics to see whether they will have a material impact (i.e. impact materiality) on the economic social and environmental Privacy Protection
Anti-bribery and
aspects. We also evaluated whether each topic will have a material effect (i.e. financial materiality) on the business model opera- Rural Revitalization Anti-corruption
tions development strategy financial situation cash flow financing methods and costs value chain of the Company. Through such
materiality assessment and with reference to the relevant requirements of the international mainstream sustainability reporting Contribution to Anti-monopoly and A
standards the Company conducted the materiality assessment of the topics in the topic pool The specific implementation steps Society nti-improper competition
are as follows: ESG Governance
Issue evaluation process Analysis method
Ecosystem and Biodiversity Protection
Step 1 Analyze the background of the Company based on global macro trends China’s industry develop-
Learn about ment trends the industry in which the Company operates and the Company’s business model and
Equal Treatment of SMEs
company background identify the Company's stakeholders and the impacts risks and opportunities the Company faces. Technology Ethics
Use the ?? topics outlined in the Guidelines as the foundation for the topic list refer to international
Step 2 mainstream sustainability reporting standards such as GRI and consider related topics from domes-
Conduct preliminary
topic screening tic and international peers align with the Sustainable Development Goals (SDGs) of the United
Nations establish ???? ESG topic pool consisting of a total of ?? topics.?Impact materiality assessment
Step 3 Efforts were made to identify the potential or actual positive or negative impacts of each topic on the
Assess the materiality external environment society and economy. A survey was conducted among stakeholders in the
of topics
form of questionnaires with ??? responses collected. Expert judgment was combined to assess Materiality for the Company's finances
topics with impact materiality.With impact materiality but no financial materiality With both financial materiality and impact materiality
With no financial materiality or impact materiality With financial materiality but no impact materiality
18 PAGE PAGE 19
Materiality for economic social and environmental impacts?.战Dim略ension Topics Materiality
Response to Climate Change Dual Materiality
Environmental Compliance Management Dual Materiality
Pollutant Emissions Dual Materiality
E Waste Treatment Dual MaterialityEnergy Utilization Dual MaterialityWater Resources Utilization Impact Materiality
Circular Economy Impact Materiality
Ecosystem and Biodiversity Protection Neither Financial Materiality nor Impact Materiality
Protection of Employees' Legal Rights and Interests Impact Materiality
Employee Training and Development Impact Materiality
Occupational Health and Safety Dual Materiality
Data Security and Privacy Protection Impact Materiality
S Product and Service Safety and Quality Dual MaterialitySupply Chain Security Dual MaterialityRural Revitalization Impact Materiality
Contribution to Society Impact Materiality
R&D and Innovation Dual Materiality
Equal Treatment of SMEs Neither Financial Materiality nor Impact Materiality
Technology Ethics Neither Financial Materiality nor Impact Materiality
ESG Governance Impact Materiality
Stakeholder Communication Impact Materiality
G Regulating Corporate Governance Impact MaterialityCompliance and Risk Management Impact MaterialityTax Compliance Impact Materiality
Protection of Shareholder Equity Impact Materiality
Anti-bribery and Anti-corruption Impact Materiality
Anti-monopoly and Anti-improper Competition Impact Materiality
20 PAGE PAGE 2103 Our PhilosophyCrystal-Optech adheres to high-quality development establishes an internal governance system with clear powers and respon-sibilities and effectively prevents and controls risks. At the same time the Company attaches importance to investor relations management adheres to integrity management abides by business ethics and safeguards the Company's high-quality devel-opment.Our Actions
Standardize corporate governance strengthen internal control protect investors' rights and interests and practice business
ethics
Excellence in Governance Responsive SDGs
Building the Cornerstone
of Development
CRYSTAL
OPTECH
Standardize Corporate Governance
Protecting Investors' Rights and Interests
Practicing Business Ethics
22 PAGE PAGE 23Standardize Corporate Governance Governance through the General Meeting of Shareholders Board of Directors and Board of Supervisors
Good corporate governance is the foundation and guarantee of high-quality enterprise development. Crystal-Optech adheres to General Meeting of Shareholders
the principle of compliance with the law constantly optimizes the information disclosure mechanism strengthens the communi-
cation and exchange with investors and strives to build a harmonious investor relations. At the same time the Company further The General Meeting of Shareholders is the highest authority of the Company.Crystal-Optech strictly follows the requirements of
deepens its internal governance improves its management effectiveness and transforms its governance advantages into a power- the Articles of Association the Rules of Procedure for General Meetings of Shareholders and other rules and regulations. The notifica-
ful driving force to promote the high-quality development of the enterprise. tion convocation convening method proceedings and voting method of the shareholders' meeting are all in compliance with the
regulations which fully guarantees the right of all shareholders to be informed of participate in and make decisions on important
matters. The General Meeting of Shareholders is conducted by a combination of on-site voting and online voting to facilitate the
Governance Framework exercise of shareholders' rights.Crystal-Optech strictly follows the requirements of the Company Law of the People's Republic of China (hereinafter referred to as the Key Performance：
Company Law) the Securities Law of the People's Republic of China (hereinafter referred to as the Securities Law) the Listing Rules of
Shenzhen Stock Exchange and other relevant laws and regulations. Crystal-Optech has formulated the Articles of Association of Zhe- During the reporting period the Company held a total of 3 meetings of the General Meeting of Shareholders 1
jiang Crystal-Optech Co. Ltd. (hereinafter referred to as the Articles of Association) forming a corporate governance structure con- meeting of the annual General Meeting of Shareholders and 2 meetings of the extraordinary General Meeting of
sisting of the General Meeting of Shareholders the Board of directors the Board of Supervisors and the Senior Management which Shareholders at which 15 proposals were reviewed and approved.ensures the Company's compliant operation and effective operation.Board of Directors
General Meeting of Shareholders
The Board of Directors is the decision-making body of the Company elected by
Board of Supervisors
Board of Directors the General Meeting of Shareholders and is responsible for the formulation and
Executive Committee Securities Affairs Center execution of the Company's day-to-day business decisions. The Company regu-
lates the deliberation and decision-making procedures of the Board of Directors
Office of Change and Strategic Investment Audit and Supervision Center in accordance with the provisions of the Articles of Association and the Rules of
CEO Procedure of the Board of Directors to ensure the timeliness and effectiveness of
General Manager's Office the board's decisions. The Board of Directors of the Company has set up four spe-
cialized committees namely the Strategy and Sustainable Development Commit-
Middleground Backstage tee the Remuneration and Appraisal Committee the Nomination Committee and
Central Business Technology Intelligent Supply HR Finance Information Base the Audit Committee each of which gives full play to its professional functions
Research Development R&D Manufacturing Chain Center Center Center Operations and performs its duties and responsibilities in accordance with the working rules
Institute Center Center Center Center Center to provide professional advice and support for the decisions of the Board of Direc-
tors and to safeguard the rights and interests of shareholders and creditors effec-tively. During the reporting period the Company won the“ Golden SecretaryA A C C Award” at the“ ???? China Listing Forum” which not only recognized the profes-
O
B B B T sional ability and outstanding performance of office team of its Board of Direc- Trophy of
U U U C tors but also acknowledged the Company's overall governance level and
? ? high-quality development path.“Golden Secretary Award”
C
O Diversity
T
V Crystal-Optech attaches importance to the diversified construction of the Board of Directors and continues to optimize the compo-
sition of the Board of Directors fully considering factors such as gender age race culture educational background skill knowl-
edge professional experience etc. to ensure that it brings a diversified perspective to the Company's strategic decisions. The
Board of Directors of the Company consists of ?? directors each with complementary specialties covering a wide range of fields
such as business management economics finance financial accounting auditing legal compliance electronics etc. thus provid-
ing good protection for the Company's decision-making.Organizational Chart of Crystal-Optech
24 PAGE PAGE 25
Shenzhen Branch
Hangzhou Branch
Crystal-Schott
Crystal-Run Opto
Crystal Display
COT Vietnam
Crystal-Optech Japan Crystal-Optech Vietnam
Crystal-Optech Hongkong Crystal-Optech American
Yeshili Yeshili Xianju
Crystal-Optech Linhai
T-Best Electronics
Jiangxi Jingchuang
Crystal-Optech Jiangxi
Vehicle Optoelectronics DivisionGender Education Background Age Remuneration Management for Directors Supervisors and Senior Management
Remuneration Plan for Directors Supervisors and Senior Management
16.67% 16.67% In order to establish and improve the scientific and effective incentive and constraint mechanism effectively mobilize and give full
25.00%
33.33% play to the enthusiasm and creativity of the directors within the Company further enhance the Company's operation and manage-
50.00% ment level and core competitiveness and ensure the realization of the Company's strategies and medium- and long-term goals
Crystal-Optech has formulated the Directors' Compensation Program for FY???? in accordance with the Company Law the Articles
83.33% of Association and the Rules of Procedure of the Remuneration and Appraisal Committee of the Board of Directors. The internal direc-
16.67% 58.33% tors of the Company are subject to an annual salary system based on structural salary which consists of three components: basic
salary performance salary and efficiency incentives. The remuneration of independent directors is determined based on the
allowance scheme considered and approved by the Board of Directors and the General Meeting of Shareholders; the internal super-
Over ?? years old visors of the Company are subject to an annual salary system based on structural salary which consists of three components: basic Male Undergraduate
salary performance salary and efficiency incentives，and the additional allowance plan is reviewed and determined by the Board ofFemale Doctor ??-?? years old Supervisors and the General Meeting of Shareholders.Master Degree Below ?? years old
Diversity of Board Members Transparency of Board Remuneration
Independence The Remuneration and Appraisal Committee has been established under the Board of Directors of the Company which is responsi-
The Company has formulated the Working System of Independent Directors and other systems to clarify the responsibilities of inde- ble for formulating the remuneration system and remuneration standards for non-independent directors and senior management
pendent directors and the way of performing their duties to continuously improve the efficiency of independent directors in per- and making reference to the industry standards and market levels to ensure the fairness and reasonableness of the remuneration
forming their duties. During the reporting period the Company further established and improved the working mechanism of the plans. The remuneration plans of directors and senior management are submitted to the Board of Directors for consideration and
special meeting of independent directors to improve the performance efficiency of independent directors and ensure their inde- approval of which the remuneration plans of directors after being submitted to the Board of Directors for consideration and
pendence and professionalism in the decision-making process.The independent directors of the Company maintain full indepen- approval are required to be submitted to the General Meeting of Shareholders for consideration and approval. In order to ensure
dence in their work actively participate in relevant meetings carefully consider the proposals and effectively safeguard the rights the openness and transparency of the directors' remuneration plans the Company discloses the announcement of the directors'
and interests of the Company and all shareholders. During the reporting period the Company had ? independent directors remuneration plans to shareholders and the public in a timely manner. In addition the Company also discloses the detailed infor-
accounting for ??.??%. mation on the remuneration of directors supervisors and senior management in the annual report so as to facilitate shareholders'
and the public's understanding and monitoring.Key Performance：
During the reporting period the Company held 10 board meetings and passed 36 board resolutions; Compliance Construction
The special meeting of independent directors held 3 meetings and reviewed 3 proposals; Internal Control
The Strategy and Sustainable Development Committee held 1 meeting and reviewed 1 proposal;
The Nomination Committee held 2 meetings and reviewed 2 proposals; Crystal-Optech has formulated the Internal Audit System in accordance with the requirements of the Basic Standard for Enterprise
The Audit Committee held 4 meetings and reviewed 18 proposals; Internal Control the Guidelines for the Governance of Listed Companies and other relevant laws and regulations to establish a sound
The Remuneration and Appraisal Committee held 3 meetings and reviewed 5 proposals. internal audit system and to safeguard the healthy development of the business activities of the enterprise. The Company has
established the Audit Committee of the Board of Directors and the Audit Department to inspect and supervise the establishment
Board of Supervisors and implementation of the Company's internal control system and the authenticity and integrity of the Company's financial infor-
mation. During the reporting period the Company carried out a total of ?? audit projects with a ??% correction rate of audit
The Board of Supervisors is the supervisory body of the Company responsible for supervising the decisions and business activities issues.of the Board of Directors and senior management. The Board of Supervisors carries out its work in strict accordance with the The Company continuously strengthens the construction of internal control and takes the effectiveness of internal control as an
requirements of the Articles of Association the Rules of Procedure of the Board of Supervisors and other provisions to ensure that it effective guarantee and support for its operation and continuously promotes the construction of internal control in five aspects:
performs its supervisory functions in a fair just and effective manner and safeguards the rights and interests of the shareholders internal environment risk assessment control activities information and communication and internal supervision. The Company
the Company and the employees. During the reporting period the Board of Supervisors of the Company consisted of three supervi- evaluates the effectiveness of internal control annually and discloses the internal control self-evaluation report truthfully.sors including ? shareholder representative supervisors and ? employee representative supervisor. The number and composition
of supervisors were in compliance with the requirements of laws and regulations.Key Performance:
Tax Risk Management
During the reporting period the Company held 5 meetings of the Board of Supervisors and reviewed 15 proposals. Crystal-Optech strictly follows the Law of the PRC on the Administration of Tax Collection Provisional Regulations of the People's
Republic of China on Value-Added Tax Enterprise Income Tax Law of the People's Republic of China and other relevant national laws
regulations and policies. Crystal-Optech has formulated the Financial Management System continuously improving the tax man-
agement system actively fulfilling the tax obligations and publicly disclosing the relevant tax situation effectively reducing tax
risks and improving the Company's tax management level.
26 PAGE PAGE 27Prevention of Related Party Transactions
In order to further standardize the management of the Company's related party transactions Crystal-Optech has formulated the
Measures for Related Party Transactions to clarify the decision-making procedures and management responsibilities and division of
labor for related party transactions to safeguard the lawful interests of the Company the Company's shareholders and creditors
in particular the small and medium-sized investors and to ensure that the contracts for related party transactions entered into by
the Company and its related parties are in line with the principles of fairness impartiality and openness.Protecting Investors' Rights and Interests
Information Disclosure
In order to further standardize the Company's information disclosure behavior improve the quality and transparency of informa-
tion disclosure and enhance the truthfulness accuracy completeness and timeliness of information disclosure Crystal-Optech Online Performance Briefing
has formulated the Rules for the Implementation of Information Disclosure Management System Information Disclosure System for
Accountability for Material Errors Internal Reporting System for Material Information and other systems to establish an effective infor-
mation disclosure management mechanism to clarify the manner frequency and standard of information disclosure etc. and to
actively safeguard the lawful rights and interests of the investors and other stakeholders.Key Performance:
During the reporting period the Company disclosed 4 regular reports and 82 interim announcements.Investor Relationship Management
The Company strengthens its interaction and communication with investors through various forms such as receiving investors
online and offline holding online performance briefings setting up investor hotlines and actively participating in strategy meet-
ings. The Company's management attaches importance to investor relations and has participated in investor relations activities
many times interacting with investors online and offline in an intimate manner. The attendance rate of the Company's core exec- Crystal-Optech "Investor Relations" Section
utives at the performance presentation meeting was ???%. In order to communicate with investors from multiple angles and
channels and convey the Company's voice the Company took the initiative to publish the "Reading the Company's Regular
Reports in One Picture" series the "Digital Human Interpretation" series and the "Investor Q&A Selection" on the official public
account. Among them for the "Digital Human Interpretation" series the Company innovatively introduced the new quality pro-
ductivity of the digital humans producing the chairman's digital human video explaining the key data of the periodic report for
the majority of investors interpreting the driving factors behind the performance and increasing the interest through the dynamic
video. In these aspects better results were achieved. In order to better serve the majority of investors in ???? Crystal-Optech offi-
cially launched the "Investor Relations" section on the Company's official public account including "Share Price Inquiry" "Finan-
cial Overview" "Investor Calendar" and other functions and introduced the AI digital human reply function combining AI tools
with investor relations interpreting the PPT content of the Company's performance briefing in an innovative way allowing inves-
tors to interact with the Company in a faster and more efficient manner and providing investors with more ways and channels to Medal for "Best Institutional Coverage" Award
understand the Company's operating conditions. In ???? the Company won the "Best Institutional Coverage Award" in the "????
Listed Company Awards - Annual Investment Data List" organized by Comein Finance which is based on multi-dimensional data.Obtaining this award is proof that the Company's efforts made in relations with investors are recognized by the market. Crystal-Optech "Digital Human Interpretation" Series Section
Key Performance:
During the reporting period the Company effectively responded to 127 investor questions
through Easy Interaction with a response rate of 100%;
Took the initiative to disclose 13 records of investor relations activities;
Organized 4 online regular report performance briefings;
Took the initiative to publish 4 "Reading the Company's Regular Reports and Performance Previews in One Picture";
Held 1 "investor open exchange" meeting;
Hosted 2 "Investors into Listed Companies Activity".Investor Reception Day Event
28 PAGE PAGE 29Protection of Shareholder Equity
Crystal-Optech is committed to protecting the legitimate rights and interests of small and medium-sized shareholders and operates Publicity and Education Event on the Theme of "Combating Economic Crime and Optimizing the Business Case
in accordance with the profit distribution policy and share repurchase provisions in the Articles of Association. The Company's profit Environment"
distribution policy maintains continuity and stability while taking into account the long-term interests of the Company the overall In November ???? Crystal-Optech joined hands with the Economic Investigation Brigade of Jiaojiang Public Security
interests of all shareholders and the sustainable development of the Company. Bureau to carry out the publicity and education event on the theme of "Fighting Economic Crimes Together and Maintain-
ing a Fair and Transparent Business Environment". At the event the Economic Investigation Brigade of Jiaojiang Public
Security Bureau took actual cases as a vehicle to introduce common economic crimes of private enterprises and empha-
Cash Dividend Distributed by the Company in the Past Three Years
sized the importance of police-enterprise cooperation in maintaining a fair and transparent business environment.Indicator Unit ???? ???? ????
Cash dividend per share RMB ?.? ?.? ?.?
Total cash dividend RMB????? ?????.?? ?????.?? ?????.??
Percentage of net profit
attributable to shareholders of
the listed company in % ??.?? ??.?? ??.??
consolidated financial
statements
Practicing Business Ethics
Publicity and Education Event on the Theme of "Combating Economic Crime and Optimizing the Business Environment"
Anti-corruption Construction
Integrity Management System Key Performance:
Crystal-Optech strictly abides by the relevant laws and regulations on anti-corruption and anti-bribery and has formulated the
Control Procedures for Anti-Corruption Commercial Bribery and Misappropriation of Public Funds and other systems to regulate and During the reporting period the Company conducted 7 anti-corruption training sessions with 6480 participants.manage the business behaviors of its employees. The Company's audit department is responsible for receiving and handling
reports and complaints regarding corruption extortion and misappropriation of public funds. The Audit Committee is responsible
for approving the results of the audit department.In order to implement the relevant provisions of the Company's integrity and self-discipline and enhance the sense of integrity and Whistleblower Protection
self-discipline the Company requires employees to sign a Letter of Commitment on Integrity and Self-Discipline consciously resist Crystal-Optech encourages all employees partners and any other informed individuals to report any corrupt practices or provide
commercial bribery and not use their powers and work convenience to seek undue advantage or damage the interests of the relevant evidences as witnesses in corruption investigations. The Company offers corresponding rewards based on investigation
enterprise thus protecting the Company's healthy sustainable and rapid development. results and enforces a strict policy of confidentiality for whistleblower information. The Company has published reporting chan-
Key Performance: nels on its official website and official account and whistleblowers can contact investigators via an anonymous email or phone to
provide relevant clues.During the reporting period the signing rate of the Company's Letter of Commitment on Integrity and Self-Discipline
was 100% (for personnel above P4 the number of people who should sign was 510 and the actual number Reporting email address: sjb@crystal-optech.com Reporting phone: 0576-89811996
of people who signed was 510).Promoting Fair Competition
Business Ethics Audit Crystal-Optech advocates fair competition strictly complies with
From time to time the Company conducts audits related to business ethics focusing on the performance of its subsidiaries supply national laws and regulations such as the Anti-Monopoly Law of the
chain and manufacturing in terms of business ethics and reports the results of the audits and corrective measures to the Board of People's Republic of China and the Anti-Unfair Competition Law of the
Directors and management. The Company summarizes the problems identified and discloses them to all employees through meet- People's Republic of China. The Company resolutely opposes the use
ings internal corporate platforms and other channels thus increasing the transparency of problem handling. At the same time the of unfair means in market transactions and any behavior that harms
Company regularly organizes and carries out re-inspection and revision of system documents such as Ten Articles of Self-Discipline competitors. The Company mutually maintains trade secrets with all
for Cadres Integrity and Honesty Agreement and Employee Handbook that have been issued so as to continuously improve the parties in transactional activities and explicitly prohibits employees
internal management system and enhance the level of business ethics. from illegally obtaining disclosing or using the trade secrets of
others.Creating an Integrity Atmosphere Additionally the Company adheres to responsible marketing. All pub-
"Anti-corruption" is the escort of Crystal's steady progress and "integrity and self-discipline" is the cornerstone of Crystal's foun- lished advertisements introductions brochures and announce-
dation industry success. In order to create "Sunshine Crystal" the Company regularly carries out anti-corruption training strength- ments etc. are truthful and credible with no illegal activities such as
ens staff education establishes a culture of integrity ensures that the Company is clean and upright and builds a defense line of fabricating or spreading false information to disrupt the market.integrity. At the same time the Company actively carries out anti-corruption publicity and publishes relevant tweets on the official During the reporting period the Company was not involved in any
account to continuously improve employees' awareness of anti-corruption. legal disputes related to anti-monopoly or anti-unfair competition.
30 PAGE PAGE 3104 Our PhilosophyCrystal-Optech actively fulfills its environmental protection responsibilities guided by the principles of green development eco-nomic efficiency and intelligence. The Company is committed to building an ecological civilization strengthening pollution control and efficient resource utilization and leading the industry's low-carbon transition. Through concrete actions the Com-pany demonstrates its firm belief and relentless pursuit of sustainable development striving to create a harmonious coexis-tence of economic prosperity and ecological balance.
Our Actions
Addressing climate change managing greenhouse gas emissions improving the environmental management system manag-
Green Leadership ing pollutants and waste optimizing energy utilization conserving water resources and implementing the principles of a circu-
lar economy.Co-Creating a
Responsive SDGs
Low-Carbon Future
CRYSTAL
OPTECH
Response to Climate Change
Environmental Compliance Management
Resource Management
32 PAGE PAGE 33Response to Climate Change Strategy
Climate change not only threatens the natural environment but also has profound impacts on corporate operations supply chain
Climate change is profoundly impacting the operations and development of enterprises while increasingly stringent policies and stability and long-term profitability. Crystal-Optech following TCFD recommendations identifies climate-related risks and oppor-
regulations brought new challenges. Crystal-Optech adheres to the concept of sustainable development implements the national tunities and formulates corresponding Countermeasures.goals of“ carbon peaking and carbon neutrality” and identifies climate-related risks and opportunities by referencing the TCFD
(Task Force on Climate Related Financial Disclosure) framework. The Company actively deals with climate change seeking a path Type of Risk/ Description of Likelihood of Impact Expected
to green transition amidst challenges and demonstrating its commitment and insistence on values in the journey toward carbon Opportunity Risk/Opportunity Occurrence1 Duration 2 Financial CountermeasureImpact
reduction.Governance ?. Establish and
Extreme weather improve emergency
The Company has established the Greenhouse Gas Management System with the Public Utilities Department responsible for green- Facility repairs
events such as and transporta- management house gas management including the verification and calculation of greenhouse gas emissions thereby strengthening the Compa-
low tempertures tion disruptions mechanisms and ny's climate governance. The Company has set up incentive bonuses for energy-saving and consumption-reduction project team to
snow raistorms develop contingency
boost overall team motivation. Additionally the Company focuses on enhancing its capabilities and knowledge in carbon manage- may affect raw
and typhoons plans.ment. It has participated in the emission reduction conference for key account suppliers and actively engaged in carbon manage- material supply Acute
may damage leading to ?. Reinforce and ment training. Risk High Short Terminfrastructure production or protect critical
including service interrup- equipment and
factories tions increased buildings.warehouses and costs and ?. Monitor raw material
transportation reduced supply conditions and
systems. establish a supply
Physical revenue. chain risk management
Risks mechanism.Global warming
causes sea level ?. Develop
to rise leading high-temperature
to high Factory emergency plans and
temperatures
Chronic production
monitor temperature
droughts and Medium and Medium efficiency is and humidity in real Risk other natural Long Term affected leading time.Emission Reduction Conference for Key Account Suppliers disasters. This to decreased ?. Implement
may impact the revenue. water-saving measures
Company's to reduce water
Crystal-Optech participated in international carbon management training embracing the commitment of production and
Case consumption."carbon peaking and carbon neutrality" operations.In April ???? Crystal-Optech enrolled in the "International Carbon Management Practices" training program under the
Industrial and Information Technology Talent Development Project. By learning about carbon footprint compilation and
corporate carbon account establishment the Company can more accurately calculate carbon emissions providing data
support for formulating effective emission reduction measures. ?. Collect relevant laws
and regulations update
Failure to them quarterly and
Governments disclose conduct compliance
worldwide are environmental evaluations.increasingly information in ?. Continuously
stringent in their accordance with monitor disclosure
Transformati requirements for relevant laws
Short requirements from
on Policy greenhouse gas regulations and regulatory and
Risks Risk accounting and
High Medium and policies may investment institutions
management Long Term result in strengthen carbon
with carbon increased fines emission management
emission or affect export and enhance climate
standards business. change-related
becoming information disclosure."International Carbon Management Practices" Training Program stricter.
34 PAGE PAGE 35Description
Type of Risk/ Description of Risk/ Likelihood of Impact Expected Countermeasure Type of Risk/ of Risk/ Likelihood of Impact Expected Opportunity Opportunity Occurrence Duration Financial Impact Opportunity Opportunity Occurrence Duration Financial Impact
Countermeasure
As global demands ?.Strengtheninternal Governments
for energy R&D team building often introduce
conservation and ?.Foster industry- policies to
emission
Increased R&D academia-research
encourage
reductionincrease cooperation. enterprises to costs due to new
enterprises may
technology R&D ?.Explore technology
improve resource
Technology face technological
Short
introduction and efficiency in
Low Medium and potential fines bottlenecks in rapidly improve the addressing
Accelerate energy
Risk and compliance Short
upgrading Long Term Policy climate change. Reduce
transition reduce
costs. Company's technical Opportunities High Medium and Support These policies operating costs. reliance on traditional production capabilities by Long Term
include financial fossil fuels and lower processes to integrating external
reduce carbon mature technologies. subsidies tax
carbon emissions.emissions limiting incentives and
improvement in green finance
energy efficiency. providing
substantial
support to
businesses.Transformati
on ?. Strengthen
Risks market research and ?.Likelihood of occurrence refers to the frequency or probability of a risk/opportunity occurring primarily based on historical
trend analysis to occurrence probability external scenarios progress in policy implementation and expert predictions. The likelihood of occurrence
If competitors understand changes ranges from "low" to "high".launch optical in consumer ?.The Impact Duration refers to the different periods when different climate-related risks and opportunities will affect the Compa-
products with
Consumer environmental ny. The Company categorizes the impact duration into short-term (?-? year) medium-term (?-? years) and long-term (over ?
greater
demand is demands years).environmental
shifting toward competitors' green
advantages
Market green and Short product trends and Impact Risk and Opportunity Management
demand for
Risk low-carbon High Medium and
industry policy
Crystal-Optech's Crystal-Optech has established the Risk and Opportunity Countermeasures Management Procedure to continuously improve its
products Long Term directions.traditional optical climate risk management processes.intensifying ?. Accelerate green
products may
market competi- product R&D and Climate Change Risk Management Process
decline leading to
tion. innovation.reduced revenue. ?. Develop green
marketing strategies Referencing the TCFD disclosure framework the Company identifies risks and opportunities related to
to address consumer climate change based on current national laws regulations and policy requirements while considering
concerns about Risk sustainable development trends at home and abroad and its actual operational conditions.eco-friendly Identification
products.Based on risk identification the Company evaluates the likelihood impact duration and potential financial
Growing Develop energy- implications of climate change risks and opportunities.demand for saving and carbon- Risk Short
Technological- Reduced Assessment
Opportunities energy-saving High Medium and reduction
Opportunities operational and carbon- Long Term technologies to costs.reduction reduce greenhouse According to the risk assessment results the Company takes measures to mitigate or eliminate the adverse
technologies. gas emissions. effects of climate change risks on its operations and financial condition.Risk
Response
The Company's system management department conducts periodic evaluation of climate change risks to
verify the effectiveness of the measures.Risk
Evaluation
36 PAGE PAGE 37Indicators and Goals
In line with its operational policy of“ Two Reductions Three Declines Strategic Focus and Addressing Challenges” Crystal-Optech
is advancing energy conservation and consumption reduction efforts to contribute to cost efficiency and performance improve-
ment. The Company has formulated its ???? energy conservation and consumption reduction work plan with the objectives within
the reporting period already achieved.Indicator Objectives Achievement
Carbon emission equivalent per A ?% year-on-year decrease from ? Achieved with a ??.?% reduction
RMB????? of output value ??? to ????
Greenhouse Gas Emission Management
Greenhouse Gas Emissions
Crystal-Optech places high importance on greenhouse gas emission management accurately calculating and strictly controlling
greenhouse gas emissions. The Company actively explores low-carbon development pathways contributing to global sustainable
development goals through concrete actions. The Company's greenhouse gas emissions from its operations primarily come from
purchased electricity gasoline diesel and natural gas with carbon dioxide as the main greenhouse gas. Fixed emission sources ?.? MW at Taizhou Binhai
account for ??.??% mobile emission sources for ?.??% and fugitive emissions are negligible.Indicator Unit 2022 2023 2024
Greenhouse Gas Emissions tCO?e ???.?? ???.?? ???.??
(Scope ?)
Greenhouse Gas Emissions tCO?e ?????.?? ?????.?? ?????.??
(Scope ?)
Total Greenhouse Gas
tCO?e ?????.?? ?????.?? ?????.??
Emissions (Scope ? and Scope ?)
Greenhouse Gas Emission tCO?e /????? yuan ?.??? ?.??? ?.???
Intensity
Reduction of GHG Emissions tCO?e ????.?? ?????.?? ?????.??
Clean Energy Usage
To diversify carbon reduction pathways and align with national carbon neutrality goals Crystal-Optech is enhancing its renewable ?.??? MW at Yeshili ?.?? MW at Crystal-Optech Jiangxi
energy capacity through green electricity procurement photovoltaic systems and energy storage facilities reducing reliance on
traditional fossil fuels and lowering carbon emissions.Photovoltaic Power Generation
In ???? Crystal-Optech's distributed photovoltaic projects reached a total installed capacity of ?.??? MW including ?.? MW at the
Taizhou Binhai plant ?.?? MW at Crystal-Optech Jiangxi and ?.??? MW at Yeshili. The Crystal-Optech Linhai distributed photovol-
taic project is also under active implementation.?.? MW at Crystal-Optech Linhai (new installation) Energy Storage ? MW/?? MWh Project
38 PAGE PAGE 39Green Electricity Procurement Environmental Compliance Management
The Company continues to increase its green electricity procurement ratio applying it across all production and operational pro-
cesses. In ???? the Company purchased Green Electricity Certificates with ?? million kWh; in ???? it purchased Green Electricity Crystal-Optech adheres to the environmental policy of“ controlling environmental substances and creating a green environment”
Certificates with ??? million kWh where the Binhai plant alone purchased Green Electricity Certificates with ??.??? million kWh. continuously improving its environmental management system. The Company accurately identifies environmental substances that
may be involved in various production and operational processes implements strict control measures to minimize the use and
emission of harmful substances reduces potential impacts on the ecological environment and continues to set an example in the
field of environmental protection.Environmental Management System
Crystal-Optech strictly complies with national laws and regulations such as the Environmental Protection Law of the People's Repub-
lic of China the Water Pollution Prevention and Control Law of the People's Republic of China the Law of the People's Republic of
China on the Prevention and Control of Atmospheric Pollution and the Law of the People's Republic of China on the Prevention and
Control of Environmental Pollution by Solid Waste as well as local operational requirements. The Company actively promotes the
construction of its environmental management system ensuring its stable and efficient operation to deliver practical environmen-
tal management outcomes. The main categories of pollutants and waste generated by the Company include but are not limited to
production wastewater process exhaust gases solid waste and noise generated during production processes. These pollutants
and wastes primarily originate from etching screen printing photolithography coating and cleaning processes. During the report-
ing period the Company did not incur any penalties for violations of environmental management laws and regulations and there
were no significant deficiencies in its environmental monitoring plans or risk management measures.Governance
The Company has formulated and implemented environmental management systems such as the Wastewater Management Mea-
sures Exhaust Gas Management Measures Noise Management Measures Industrial Waste Management Measures Environmental Audit
Rules and Environmental Occupational Health and Safety Performance Monitoring and Measurement and Compliance Evaluation
Control Procedures. The Company has established an environmental management team led by the General Manager with clear
responsibilities and authorities assigned to each department incorporating environmental protection into performance evalua-
tions to ensure that the Company's production and operational activities comply with relevant legal and regulatory requirements.EHS Department
Base Operation Logistics Department
Center
Plant Engineering Department
Green Electricity Certificate Transaction Vouchers
ABU?
Carbon Asset Management ABU?
Business
The Company actively participates in the carbon trading market optimizing carbon asset allocation through flexible market mech- Division
anisms to preserve and increase the value of carbon assets. This demonstrates its commitment to addressing climate change and CBU
its dedication to green development.General
Manager DRI
Case Crystal-Optech participated in marine blue carbon (shellfish) trading
Subsidiaries
In November ???? a marine blue carbon (shellfish) trading project—the Dachen Island Mussel Farming Carbon Sequestra-
tion Project—was successfully auctioned in Jiaojiang District Taizhou City Zhejiang Province. Crystal-Optech acquired
???? tons of shellfish carbon sinks for a total of RMB ?????? equivalent to RMB ??.? per ton. Wang Zhenyu General Man-
ager of Crystal-Optech stated that the ???? tons of shellfish carbon sinks would serve as a strategic carbon reserve and
investment positioning the Company advantageously in carbon asset trading. Functional
Platform
Environmental Organization Chart
40 PAGE PAGE 41In ???? Crystal-Optech was recognized as a "Green Manufacturing" enterprise by the Ministry of Industry and Information Technol-
ogy. In December ???? the Company passed the clean production audit implementing ?? projects that reduced water and energy Indicator Unit 2022 2023 2024
consumption and pollutant generation to achieve energy conservation consumption reduction pollution reduction and efficien-
cy improvement. In September ???? the Company was awarded the title of "Zero-Waste Enterprise Group". Subsidiary Yeshili Environmental Investment RMB????? ???.?? ???.?? ???.??
passed the "Zero-Waste Factory" assessment in Zhejiang Province in November ???? and was recognized as a "Zero-Waste City
Cell". Environmental Protection RMB????? ?.?? ?.?? ?.??
Taxes Paid
Strategy
Crystal-Optech is classified as a key pollutant discharge unit. The Company always maintains a high degree of alertness to environ-
mental issues and regards the identification of environment-related risks and opportunities as a key aspect of corporate develop-
ment. The Company emphasizes risk prevention and control strengthens monitoring and early warning formulates Countermea-
sures and practices green development concepts.Type of Risk/ Description of Likelihood of Expected
Opportunity Risk/Opportunity Occurrence Impact Duration Financial CountermeasureImpact
The government
Yeshili: Zero-Waste City Cell Crystal-Optech: "Green Manufacturing" Enterprise strengthens ?. Pay attention to
pollution and and comply with the
waste prevention laws and regulations
and control on pollutants and
During the reporting period Crystal-Optech and its subsidiaries—New T.Best Crystal-Optech Jiangxi Jiangxi Jingchuang Yeshili Potential high
requiring the waste.and Jingte Optics—were reviewed comply with ISO ?????:???? standards and obtained corresponding certificates. fines and
Policy Company to invest litigation ?. Maintain and
Risk Risk more in High Short Term compensation update
technology increasing environmental
upgrades and operational protection facilities
management to costs. promptly.reduce leaks ?. Conduct regular
caused by sudden environmental risk
environmental inspections.incidents.Reduce water
consumption and
wastewater
?.Optimize production
discharge through
processes and
wastewater reuse
Crystal-Optech' s Environmental New T.Best's Environmental Crystal-Optech Jiangxi's Jiangxi Jingchuang's introduce advanced and water-saving
Management System Certification Management System Environmental Management Environmental Management technologies and technologies;
Certificate Certification Certificate System Certification Certificate System Certification Certificate equipment to improve upgrade exhaust
resource utilization.gas treatment
?.Strengthen energy
equipment/
Resource
Opportunities technology and Reduced
management and
Efficiency High Long Termswitch to cleaner operational
waste resource
costs. utilization tapping energy sources to
potential across all
improve energy
processes to achieve
efficiency and
efficient resource
reduce emissions;
allocation and benefit
enhance resource
conversion.efficiency and
reduce waste
through waste
Yeshili's Environmental Crystal-Schott's Environmental Crystal-Optech Vietnam's classification
Management System Management System Environmental Management recycling and
Certification Certificate Certification Certificate System Certification Certificate reuse.
42 PAGE PAGE 43Impact Risk and Opportunity Management Indicators and Goals
Crystal-Optech sets annual environmental protection goals in accordance with the requirements of its environmental management
Environmental Factor Identification and Evaluation
system and strictly monitors various pollution and waste emission indicators to ensure continuous improvement in environmental
To further strengthen environmental risk control the Company has established systems such as the Environmental Factor Identifi-
management demonstrating the Company's commitment to green practices.cation and Evaluation Control Procedure and the Risk and Opportunity Countermeasures Management Procedure. Departments and
business units first conduct self-identification then confirm the identified environmental factors output the List of Significant Envi- Indicator Goals Achievement
ronmental Factors and conduct regular monitoring and reviews. Each department designates a dedicated person responsible for
risk identification mastering risk identification methods to fully identify and assess existing risks achieving efficient environmental
risk control. Exhaust Gas Wastewater Noise
Zero pollution incidents Achieved
Identification of Hidden Hazards
Crystal-Optech places great importance on environmental management hazard investigations. Monthly inspections are conducted Solid Waste Zero improper disposal (including Hazardous Waste) ???% recycled to qualified units Achieved
across production processes with detailed records of identified issues clear responsibilities and deadlines for rectification and
follow-up by designated personnel until hazards are resolved ensuring environmental safety. Waste Container Disposal Zero improper disposal ??% container recycling rate Achieved
Environmental Training and Awareness
Key Performance:
Crystal-Optech regularly conducts diverse environmental training and awareness activities to ensure that every employee deeply
In 2024 the Company conducted 42 environmental inspections and 12 hazard investigations with a 100% understands the importance and urgency of environmental protection. The Company promotes environmental awareness by post-
rectification rate. ing environmental posters in office areas playing promotional videos and organizing offline environmental training sessions.These efforts help employees internalize environmental concepts and translate them into actions injecting continuous momentum
into the Company's green development.Emergency Response Drills
The Company has established the Emergency Preparedness and Response Procedure with the Base Operation Center's EHS Depart-
ment responsible for developing and implementing emergency response plans to ensure rapid efficient and scientific responses
to sudden environmental incidents minimizing environmental impacts and safeguarding ecological safety. To ensure the suitabili-
ty effectiveness and adequacy of emergency plans the Company conducts annual emergency drills to test the scientific feasibility
of the plans.Case Crystal-Optech emergency drill for exhaust gas facility malfunction
In May ???? Crystal-Optech's Base Operation Center conducted an emergency drill for exhaust gas facility malfunctions. Environmental Awareness Campaigns Environmental Training
By simulating an alarm in the PSS workshop and abnormal exhaust gas facility operations the Company enhanced its
emergency response capabilities for sudden environmental incidents ensuring timely and effective handling to reduce Indicator Unit 2022 2023 2024
losses and casualties.Number of Environmental
Training Sessions Times ? ? ?
Number of Participants in ??? ??? ???
Environmental Training Person-times
Total Hours of
Environmental Training Hour ?? ?? ??
Pollutant Emissions
Crystal-Optech consistently prioritizes reducing pollutant emissions as a core task of its environmental management. The Compa-
ny strictly implements the "Environmental Impact Assessment System" and the "Three Simultaneities" system (i.e. environmental
protection facilities are designed simultaneously constructed simultaneously and put into operation simultaneously with the
Repair Team Arrived for Repairs Emergency Monitoring Team Conducted Sampling main project). This ensures that all new modified and expanded projects undergo environmental impact assessments and are
constructed in compliance with the "Three 'Simultaneously'" principle to minimize environmental impacts. The Company partici-
pates in the emissions trading market in accordance with laws and regulations obtaining reasonable emission quotas through fair
Key Performance: competition to ensure production activities remain within legal emission frameworks. In line with the Measures of National Key
Monitoring Enterprises for Self-Monitoring and Information Disclosure (Trial) the Company has developed an environmental
In 2024 Crystal-Optech and its subsidiaries conducted a total of 4 environmental emergency drills. self-monitoring plan and discloses the information on the Zhejiang Enterprise Self-Monitoring Information Disclosure Platform.Additionally the Company regularly commissions third-party testing agencies to monitor wastewater exhaust gases and noise.During the reporting period all test results met standards with no adverse effects on employees or surrounding residents.
44 PAGE PAGE 45Waste Management
Indicator Unit 2022 2023 2024
Crystal-Optech places high importance on waste prevention reduction and recycling. By strengthening standardized manage-
Pollutant Monitoring % ??? ??? ??? ment and compliant disposal of waste the Company ensures compliance with legal requirements and minimizes environmental
Compliance rate pollution and damage. General solid waste generated during production includes biochemical sludge waste glass scrap metal
Synchronization Rate of plastic waste cardboard and other industrial waste. Hazardous waste includes waste oil waste stripping solution waste strong
Environmental Protection % ??? ??? ???
Facilities alkali solution spent activated carbon and waste mineral oil. Hazardous waste is temporarily stored in a waste storage area with
Implementation rate of wind rain sun and leak protection. All hazardous waste is transported and disposed of harmlessly by qualified units."Three Simultaneous"
Environmental Protection % ??? ??? ???
for Construction Projects
Wastewater Management Indicator Unit 2022 2023 2024
The Company's wastewater primarily originates from cold processing and various cleaning processes. The Company operates General Waste Tonne ???.?? ????.?? ????.??
wastewater treatment facilities with capacities of ???? t/d and ???? t/d using physical sedimentation and secondary advanced Production Volume
treatment methods. The discharged wastewater meets the indirect discharge standards for "Display Devices and Optoelectronic
General Waste
Devices" under the Discharge Standard of Water Pollutants for Electronic Industry (GB ?????-????) with ammonia nitrogen levels Tonne ???.?? ???.?? ????.??Recycling Volume
complying with the Indirect Discharge Limits for Nitrogen and Phosphorus Pollutants in Industrial Wastewater (DB??/???-????).During the reporting period ???% of the Company's wastewater was treated and discharged in compliance with standards. General Waste
Disposal Volume Tonne ???.?? ????.?? ????.??
Indicator Unit 2022 2023 2024
Hazardous Waste Tonne ???.?? ???.?? ???.??
Production Volume
Wastewater Discharge Tonne ???????.?? ???????.?? ???????.??
Hazardous Waste Tonne ???.?? ???.?? ???.??
Disposal Volume
Chemical Oxygen Demand (COD) Tonne ???.?? ???.?? ???.??
Hazardous Waste
Recycling Rate % ?? ?? ??
Ammonia Nitrogen (NH?-N) Tonne ?.?? ?.?? ?.??
Reducing Waste Generation
Total Nitrogen (N) Tonne ??.?? ?.?? ?.?? Optimizing Production Processes
By selecting precise materials controlling input quantities and adjusting reaction conditions the Company reduces by-product
Exhaust Gas Management generation and waste emissions. Process adjustments in cutting technology improve raw material utilization and reduce scrap
generation thereby reducing waste emissions.The Company's exhaust gases mainly originate from the product manufacturing process. The Company is equipped with ? sets of
exhaust gas treatment facilities which use activated carbon adsorption and acid-base scrubbers. After treatment the emissions of Strengthening Material Management
non-methane hydrocarbon methanol xylene and nitrogen oxides meet the new source secondary standards under the Compre- The Company implements fine management of materials during production to ensure rational use and recycling. Reusable materi-
hensive Emission Standard of Air Pollutants (GB ?????-????); ethyl acetate and cyclohexanone meet the calculated values under the als such as dust-free cloths transfer boxes and packaging boxes are recycled and reused.Technical Methods for Making Local Emission Standards of Air Pollutants (GB/T ????-????); and VOCs in the plant comply with the
Standard for Fugitive Emission of Volatile Organic Compounds (GB ?????-????). Promoting Environmental Awareness
The Company actively conducts environmental awareness campaigns to enhance employees' environmental consciousness and
Indicator Unit 2022 2023 2024 encourage them to reduce waste generation in their daily work.Waste Gas Emissions Tonne ?.??? ?.??? ?.??? Waste Recycling and Reuse
The Company strictly implements a waste classification system separating recyclables non-recyclables hazardous waste and
Volatile Organic Tonne ?.??? ?.??? ?.???
Compounds (VOC) general waste. Recyclables such as paper plastic and metal are sent to recycling stations for reuse. Non-recyclables are sent to
power plants for energy recovery through incineration. Hazardous waste is transported to specialized treatment facilities for safe
Noise Management disposal.The Company strictly adheres to the Emission Standard for Industrial Enterprises Noise at Boundary (GB ?????-????) for noise moni-
toring. Noise sources under control include those produced by the operation of production equipment such as air compressors Resource Management
fans pumps and chillers as well as noise generated by contractors during construction within the plant area. Noise reduction
Crystal-Optech deeply explores efficient pathways for energy utilization continuously optimizes water resource recycling and con-
measures include setting up soundproof rooms installing soundproof covers on strong noise units applying sound absorption
servation models and implements refined resource management to vigorously develop a circular economy. These efforts lay a
treatment in workplaces installing silencers on sound sources or sound pathways and providing vibration isolation treatment for
solid foundation for the Company's green transformation and long-term stable development.equipment. The Base Operation Center's EHS Department commissions qualified occupational health agencies to monitor work-
shop noise quarterly with all results meeting standards.
46 PAGE PAGE 47Resource Management System Strategy
Crystal-Optech strictly complies with the Law of the People's Republic of China on Conserving Energy and the Water Law of the Peo- With the firm pursuit of sustainable development Crystal-Optech deeply analyzes the energy consumption structure within its pro-
ple's Republic of China and other relevant laws and regulations and rules implementing refined resource management to achieve duction processes. Using scientific and rigorous methods the Company accurately identifies and comprehensively assesses risks
efficient resource utilization. The main types of energy used by the Company include natural gas diesel gasoline electricity and and opportunities.other clean energy sources; the primary source of production water is municipal supply.Type of Risk/ Description of Likelihood of Impact Expected
Governance Opportunity Risk/Opportunity Occurrence Duration
Financial Countermeasure
Impact
Energy is a crucial material foundation for national economic development. To ensure sustainable economic development Crys-
tal-Optech has established the Energy Management System adopting technically feasible and economically reasonable measures New policies may
to reduce energy consumption losses and waste in all production processes thereby utilizing various energy sources more effec- ?. Adopt energy increase energy
tively and efficiently. The Company has established the Crystal Energy Conservation and Consumption Reduction Organization led hedging strategies usage costs (e.g.by the General Manager with the Base Operation Center taking the lead to guide various business divisions and subsidiaries in and adjust production carbon taxes) or
achieving the Company's energy conservation and consumption reduction goals. plans.Market alter energy
Increased
Short and
Risk ?. Optimize energy
Risk market supply
High energy costs
Medium Term and reduced usage structure and
Crystal Energy Conservation and structures profits. continue promoting
Consumption Reduction Organizational Structure affecting the photovoltaic power
(General Manager) Company's cost generation and green
structure and electricity trading.energy budget.Base Operations Center
Subsidies
incentives and
preferential loans Reduced
introduced by the investment
Opportunities Policy Medium and
Opportunities government to High costs and Monitor government
A A encourage Long Term increased
C policies closely.B B companies to revenue
B
U U adopt clean streams.U
? ? energy or improve
energy efficiency.Energy Conservation and Consumption Reduction Organizational Structure Impact Risk and Opportunity Management
The Company has established an energy usage ledger and the Seed Energy System to record and analyze energy consumption
In order to ensure the effective implementation of energy saving and consumption reduction incentives the Company has estab- identify and evaluate risks and opportunities that may be faced in the process of energy utilization and formulate corresponding
lished corresponding assessment indicators and supervision mechanisms. Additionally the Company focuses on cultivating ener- strategies and improvement measures to effectively improve the efficiency of corporate energy utilization reduce energy costs
gy-saving awareness and capabilities among team members. By regularly holding monthly energy conservation meetings employ- reduce the impact on the environment and promote the sustainable development of the enterprise.ees can accurately identify and effectively implement energy-saving measures in their daily work translating environmental con-
cepts into practical actions and helping the Company continuously advance on the path of improving resource utilization efficiency. Indicators and Goals
Crystal-Optech consistently pursues efficient resource utilization setting phased goals to comprehensively drive the Company's
production and operations toward green low-carbon and circular development.Indicator Goals Achievement
Electricity Consumption per A ?% year-on-year decrease from ???? to ???? Achieved with a ??.??% reduction
RMB ????? of Output Value
Water Consumption per ??% year-over-year decrease Achieved with a ??.??% reduction
RMB ????? of Output Value in ???? compared to ????
Monthly Energy Conservation Meetings
48 PAGE PAGE 49
Base Operation Center
Crystal-Optech Vietnam
Automotive
Optoelectronics
Yeshili
Crystal-Optech Jiangxi
Crystal-Optech Linhai
Research Institute
Jingte
JingjingEnergy Utilization
Crystal-Optech Energy Consumption Overview
Crystal-Optech anchors energy conservation practices as one of the core power sources driving the Company's sustainable devel-
opment. Through the implementation of a series of scientific and reasonable energy-saving measures the Company controls Type Unit 2022 2023 2024
energy consumption at the source optimizes energy utilization structures and achieves a win-win situation for both environmen-
tal and economic benefits. Natural Gas ????? m? ??.?? ??.?? ??.??
During the reporting period the Company had two representative and promotional projects. For the project "Evaporation Coater -
Diffusion Pump Oil Change and Heating Power Saving Renovation" after the transformation the current of a single diffusion pump
of the machine decreased by approximately ?A. Combined with the diffusion pump to increase the power regulator and full-syn- Petrol Tonne ??.?? ??.? ??.??
thetic diffusion pump oil a single coating machine can save ???-??? kWh of electricity per day the Company can cut down RMB ?.?
million on electricity costs in a year. In ???? the renovation completion rate was ??.??%. For project "Coating Equipment Ener- Diesel Tonne ?.?? ?.?? ??.??
gy-Saving Solution" the whole company can cut down RMB ?.???? million per year in total.Total Purchased Electricity kWh ?????????.?? ?????????.?? ?????????.??
Case Seed Energy Management System ? the Foundation of Refined Energy Management Non-fossil Energy Consumption kWh ???????.?? ???????.?? ???????.??
Crystal-Optech's Seed Energy Management System covers the measurement of pure water RO water tap water electric- Other Clean Energy Usage kWh ?????.?? ????????.?? ?????????.??
ity CDA (compressed air) nitrogen (N?) and chilled water. With the implementation of the refined management model
the Company is able to accurately control energy consumption in an all-round way realizing the visualization and refine-
ment of energy management. Total Energy Consumption tce ?????.?? ?????.?? ?????.??
Water Resources Utilization
The production process of Crystal-Optech involves a number of steps which require a certain quality and volume of water for pro-
duction. For example in the manufacturing of optical products processes such as cleaning and dicing require large amounts of
pure water and RO water to ensure product quality and precision. Additionally the cooling of production equipment demands a
stable and continuous water supply. In order to strengthen the management of water conservation in daily work and to protect
and rationally utilize the Company's water resources the Company has established the Planned Water Use Management System
and the Water Conservation Management System.Technological Upgrades for Water Conservation
The Company achieves water conservation goals through process optimization the introduction of water-saving equipment and
wastewater recycling.Optimizing Production Processes
Seed Energy Management System In cleaning processes advanced laser cutting technology is used instead of the traditional water-based dicing methods including
the use of advanced ultrasonic cleaning technology and precise constant flow control which improves the cleaning efficiency and
significantly reduces water consumption at the same time.Introducing Water-Saving Equipment
Case BA Chiller Plant Group Control System ? the Smart Hub for Efficient Energy Saving The Company actively introduces a series of advanced water production and water conservation equipment such as ultrapure
water equipment high-efficiency cooling towers constant-flow devices and so on.The BA Chiller Plant Group Control System is one of the smart hubs for Crystal's green development. Among them the
chiller group control function uses intelligent algorithms and automated control to adjust operating conditions. During
periods of low production demand the system automatically reduces the power of chillers or decreases the number of
operating units avoiding non-essential energy consumption. During peak production periods it can automatically
increase the number of operating units to ensure sufficient supply of cooling capacity guaranteeing the smooth progress
of production. The unmanned operation feature of the BA system saves significant labor and energy costs while reducing
energy waste caused by human factors becoming an important booster on the road of green emission reduction.
50 PAGE PAGE 51Enhancing Water Conservation Awareness
Key Water Conservation Projects at Crystal-Optech
In order to enhance employees' awareness of water conservation the Company organizes diversified water conservation training
Project Name Project Type Water Conservation Benefit and publicity activities. By organizing lectures on water conservation distributing publicity materials on water conservation and
carrying out water conservation competitions the Company makes all employees understand the importance and methods of
Maintaining a relative balance water conservation and cultivates good habits of water conservation in their daily work and life.between water production and
Process optimization ???? tons
consumption to prevent excessive
reflux and tank overflow
Optimizing the water production
sequence for different types of Process optimization ???? tons
machinery to reduce tap water usage
Ultra-concentrated water reuse Wastewater recycling ?????? tons
Rinse water reuse Wastewater recycling ??? ??? tons
RO concentrated water reuse Wastewater recycling ??? ??? tons
Ultra-concentrated water recovery Wastewater recycling ??? ??? tons
Optimizing cleaning processes Process optimization ?? ??? tons
Clean room/restroom faucet renovation Process optimization ???? tons
Converting slow-pull heating tanks
into circulation tanks Process optimization ???? tons
Water Conservation Posters
Water treatment systems for
scribing and cutting machines Wastewater recycling ???? tons Circular Economy
Installing automatic throttle control Crystal-Optech is actively exploring and deeply cultivating in the field of circular economy and is committed to building an
devices on cleaning machines Process optimization ???? tons all-round and multi-level circular economy ecosystem. The Company has formulated the Recyclable Resource Utilization Manage-
ment Regulations and developed green design focuses at the stage of the whole life cycle of the products vigorously implemented
Reuse of cooling tower rinse water Process optimization ???? tons clean production through technological innovation and process optimization maximized the efficiency of material utilization
reduced the burden on the environment and led the industry towards the road of high-quality development of green low-carbon
Installing constant-flow
devices on cleaning machines Process optimization ?? ??? tons
and recycling.Crystal-Optech Material Recycling
Crystal-Optech Water Resource Utilization Product Life Cycle Stage Green Design Focus Performance Progress
Type Unit 2022 2023 2024 Increasing the number of items per
packaging box and eliminating
Total Water Consumption Tonne ???????.?? ???????.?? ???????.?? Reducing plastic and packaging materials bubble wrap saving ??% annually in
packaging material usage
Intensity of Water tons/????? yuan ?.?? ?.?? ?.?? Distribution storage
Consumption and transportation Recycling approximately ??? tons of
Recycled Water Consumption Tonne ??????.?? ??????.?? ???????.?? plastic trays ?? tons of wooden
Packaging material recycling pallets and ?? tons of cardboard
totaling a reduction of ??? tons of
Proportion of Recycled Water % ?? ?? ?? waste generated
in Total Water Consumption
52 PAGE PAGE 53Green Office
The Company is fully committed to the implementation of the green office concept and through the release of the Low-Carbon
Lifestyle Initiative calls on all employees to start from the smallest actions and continues to enhance the eco-efficiency of the
corporate office segment helping to build a new model of green and low-carbon development.Office areas: Make full use of natural light and reduce the time of lighting; ensure
that computers printers and other electrical equipment are turned off in a timely
manner when leaving the office;
Meeting rooms: Improve meeting efficiency rationalize meeting time and reduce
equipment and air-conditioning energy consumption;
Energy Conservation
Set the central air conditioning in my office area to a uniform temperature of ??
degrees and timed it to turn on and off every day to save energy;
Use LED lights with light sensing and timely control for lighting in the factory area
corridors and basements to save energy;
Use recycled water for flushing toilets in the factory area.Encourage everyone to choose public transportation bike or walk to and from work.For necessary driving trips carpooling is encouraged to reduce vehicle emissions;
Green Travel
Reduce business travel frequency and prioritize low-carbon travel options such as
high-speed rail.Promote paperless office practices reduce paper usage. Documents are circulated
Paper-saving and kept in electronic form as far as possible. When printing use double-sided print-
ing to minimize paper waste.Eliminating Waste Encourage employees to take reasonable portions in the cafeteria to reduce food
waste.Minimize the use of disposable cups and utensils in the office encouraging employ-
Reducing Disposable Supplies
ees to bring their own cups and cutlery.Energy-efficient and Prioritize energy-efficient and eco-friendly equipment and office supplies during
Eco-friendly Procurement procurement.Reducing Disposable Supplies Energy Conservation Garbage Sorting
54 PAGE PAGE 5505 Our PhilosophyCrystal-Optech adhere to the innovation-driven development strategy with a global vision and pattern to promote R & D inno-vation market development product development resource integration organization and team building; practice responsible purchasing build a safe and reliable supply chain synergy system; do a good job in the whole life cycle management standard-ize the use of hazardous substances and disposal to provide customers with high-quality products; the implementation of the main responsibility for information security management and safeguard data security effectively.
Our Actions
Value Co-creation We insist on R&D innovation strengthening supply chain management responsible purchasing conflict minerals management full life cycle quality management hazardous substance management optimizing customer service information security and
Writing a New Chapter privacy protectionResponsive SDGs
of Development
CRYSTAL
OPTECH
Innovation-Driven
Supply Chain Management
Product and Service Safety and Quality
Data Security Guarantee
56 PAGE PAGE 57Innovation-Driven Strategy
There are many uncertainties in scientific and technological innovation Crystal-Optech can identify analyze and respond to the
Crystal-Optech builds its core competitiveness driven by technology and is committed to becoming a global provider of outstand- risks and opportunities arising from the innovation process in a multidimensional manner and continuously improve the team's
ing optical interactive core components and solutions. The Company keeps up with the industry's cutting-edge continuous techno- ability to cope with risks and enhance the company's independent innovation capability.logical innovation gathering advantageous innovation resources building a perfect supporting mechanism for talents and techno-
logical innovation system providing inexhaustible power for innovation and development. Type of Risk/ Description of Likelihood of Impact Expected
Opportunity Risk/Opportunity Occurrence Duration Financial Impact Countermeasures
Innovation Management System
?. When developing
Governance and projecting new
?. New products or
The Company attaches great importance to R&D and innovation formulates IPD (Integrated Product Development) Management products repeatedly services may not be
Measures and other systems takes market demand as the driving force for product development optimizes the investment portfo- d e m o n s t r a t e t h e widely accepted in
lio relies on project management and builds a structured R&D process and realizes the product development process of cross-de- market demand;Market the market; Medium Decrease in
partmental teams. The management approach divides the R&D project into five stages according to the process and conducts Risks ? . I n c r e a s e t h e risks ?. The product sam-
Medium
Term revenue
nodal reviews at each stage i.e. TR? Requirement Review TR? Project Establishment Review TR? Technical Review TR? Technical resource investment pling cycle is long
Review and TR? Project Completion Review which effectively manages the entire project R&D process. in design and and can't keep up
development and
with the changes in
shorten the product
the market.R&D cycle as much as
Technology
R&D Center possible.With the rapid
Technical Planning Optimize the d e v e l o p m e n t o f
Department s t r a t e g i c l a y o u t emerging Short
Technology develop the VR/AR technologies such as Medium Increase in
leadership High field and cooperate ?G AI and IoT the
Film Research revenueXR Research Guimeng Research Micro-Nano Automation Trial Production and with internationally
Institute Institute Institute Research Institute Research Institute Center application areas of Long Term renowned optical
optical technology
waveguide
R&D Organizational Structure w i l l c o n t i n u e t o manufacturers.expand.The Company regards the construction of innovation team as the core of building the enterprise technology innovation system Opportunities
and has established an enterprise university with a leadership academy and an engineering academy to train the management Through Strengthening the
team and senior engineer team for the Company. At the same time the Company continues to introduce high-precision scientific continuous c o n s t r u c t i o n o f
and technological talents and builds a multidisciplinary internal innovation team to ensure that the company always maintains a scientific and Short
Transformation information leading position in technology in the fierce market competition. technological Medium Reduction in
and technology and innovation it can High and costs
upgrading d i g i t a l i z a t i o n t o promote the
R&D Team Long Term c o n t i n u o u s l y
company to realize
i m p r o v e w o r k
transformation and
Key Indicators Unit 2024 efficiency.upgrading.Number of R&D employees Person ????
Impact Risk and Opportunity Management
Proportion of R&D employees % ??.?? Crystal-Optech integrates risk management into every aspect of project management to minimize unnecessary losses and ensure
the robustness and continuity of its business by identifying assessing managing and monitoring risks.Educational Background Structure Age Structure Gather and analyze market demand and define the objectives and scope of risk
Risk identification
?.??% identification.Undergraduate Below ??
Risk assessment Identified risks are assessed to determine the likelihood of their occurrence and the Master degree ?? - ?? years old
impact cycle.??.??% and above Over ?? years old old
Junior college
??.??% Establish a risk monitoring mechanism to identify and resolve potential problems in ??.??% Risk monitoringstudents and ??.??% a timely manner.?.??% below Pay close attention to the progress of project R&D take timely and effective measures
Risk management to control the risks associated with new product R&D and continuously improve the
company's innovation capability.
58 PAGE PAGE 59Indicators and Goals
By Type of Patent
As a leader in the field of optical segments Crystal-Optech attaches great importance to the development of technological innova-
tion through independent innovation and technological R&D to master the precision optical thin film design micro-nano optical Cumulative number of authorized Item ??
technology and other industry core technologies covering the core industry chain. During the reporting period the Company set invention patents
corresponding technological innovation targets to promote the development of the industry with continuous technological Cumulative number of authorized
leadership. Item ???utility model patents
Cumulative number of authorized
Key Performance: Item ??design patents
In 2024 the Company will invest RMB 407794770.43 in R&D accounting for 6.50% of
Other Intellectual Property
operating revenue.Cumulative number of
R&D Innovation Initiatives and Results software copyrights Item ???
Encouragement of R&D and Innovation
The Company continuously improves the intellectual property incentive mechanism formulates the Patent and Soft Writings Man- Protection of Intellectual Property Rights
agement Measures and other systems and gives corresponding material rewards and spiritual rewards to employees who create Management System
protect and utilize intellectual property rights. The Company organizes several trainings every year encourages employees to
actively apply for patents sets up special bonuses and takes patents as an important consideration factor for the promotion of Crystal-Optech strictly abide by the Patent Law of the People's Republic of
employees' ranks thus stimulating the enthusiasm and potential for innovation of employees within the enterprise. China Trademark Law of the People's Republic of China Copyright Law of the
People's Republic of China and other relevant laws and regulations the
Construction of Innovation Platforms formulation of Intellectual Property Rights Protection Control Procedures and
The Company establishes a platform for technological innovation and knowledge sharing gathers diversified innovation resources other systems and the establishment of a specialized intellectual property
and introduces external wisdom power through open cooperation to build a favorable innovation ecosystem and promote the sus- rights management organization. The Company has passed the certificationtainable development of the Company. By the end of the reporting period the company has built a national enterprise technology of intellectual property management system and won the title of“ Nationalcenter Zhejiang Provincial Key Enterprise Research Institute of Thin Film and Micro-Nano Optical Technology Thin Film and Advantageous Intellectual Property Enterprise” and“ Intellectual PropertyMicro-Nano Zhejiang Engineering Research Center Zhejiang Postdoctoral Workstation and other R&D platforms. Demonstration Enterprise of Zhejiang Province”.Developing School-Enterprise Cooperation
The deep integration of education and industry is an important force in promoting social progress and scientific and technological
innovation. Crystal-Optech to build an innovation consortium and College of Optical Science and Engineering of Zhejiang Universi-
ty to carry out cooperation deepen the cooperation in scientific research personnel training results transformation and other
areas of cooperation and jointly explore the depth of the integration of industry academia and research of a new model in order Intellectual Property Management
to promote China's optoelectronics industry technological advances and industrial upgrading contribute to the strength. During System Certificate
the reporting period the Company and Changchun University of Science and Technology jointly trained post-doctoral researchers
to further promote the deep integration of industry academia and research.R&D Innovation Achievements General
Crystal-Optech deep plowing in the optical track with core technologies such as thin film optics optical cold working semiconduc- Manager
tor optics and optical system design covering three major industries of consumer electronics automotive optoelectronics and
AR/VR and build the second and third growth curves. Crystal-Optech is now a National Manufacturing Individual Champion Manager's
Demonstration Enterprise Top ?? Enterprises in China's Electronic Material Industry Xiongying Cultivation Enterprise of Zhejiang Representative
Province Innovative Leading Enterprise of Zhejiang Province Invisible Champion of Zhejiang Province National High-tech Enter-
prise National Advantageous Enterprise in Intellectual Property Management. By the end of the reporting period the Company
participated in the formulation and revision of four national standards and two industry standards.During the reporting period the Company was awarded the“ ???? Auto Intelligence Innovation Awards-Excellence in ApplicationAward” and“ China VR/AR Top Enterprises” which recognized the Company's outstanding achievements and technological innova-
tions and fully demonstrated the Company's strength and influence in the field of VR/AR optical parts and solutions.Business Office of Technology Finance HR Center Project General Documents
Groups the Board R&D Center Center Management Manager's Control of Directors Department Office Department
Innovation Achievements
Key Indicators Unit 2024 Organizational Structure of Intellectual Property Management
Cumulative number of
Item ???
authorized patents
60 PAGE PAGE 61Management Measures Type Management Measures
Crystal-Optech in accordance with the Patent Law of the People's Republic of China Trademark Law of the People's Republic of China
and other laws and regulations require timely application for patents effective protection of their own intellectual property rights
from infringement. When the Company discovers that others are infringing on its intellectual property it will collect evidence and Suppliers are categorized into five levels: strategic preferred alternative restricted
Supplier hierarchy
take decisive measures in a timely manner to safeguard its legitimate rights and interests. and eliminated based on their R&D and production capabilities bidding and cost
The company integrates intellectual property into the whole process of product R&D purchases patent commercial database reduction capabilities willingness to cooperate and cooperation.regularly understands the industry patent information and does a good job of patent risk warning and product R&D avoidance.Evaluate suppliers in four dimensions: quality delivery cost and technology.Before using the software and hardware provided by the customer involving intellectual property protection requirements the
Company requires the customer to provide written authorization documents and use them only within the scope of the license to Supplier performance Upgrade downgrade or eliminate suppliers based on the results of performance evalu-
avoid disputes over property rights. In using intellectual property provided by customers the Company protects it from being
ation.obtained by unauthorized persons or disclosed to third parties. When signing contracts with suppliers the purchasing department
should clarify the ownership of intellectual property arising from the supplier's operations related to the supply of goods to the
company and sign confidentiality agreements or confidentiality clauses to avoid infringing on other people's trademarks copy- Establishment of supplier elimination plan elimination list.rights patents business secrets or other intellectual property rights.Suppliers who have been eliminated or naturally eliminated and who need to resume
Supply Chain Management Supplier elimination trading can initiate a request write down the reasons and make it effective after the
Company's approval.Crystal-Optech continues to optimize its supplier management system integrates environmental social and governance factors
into supply chain management and maintains long-term and stable cooperative relationships with suppliers while strictly con-
trolling supply chain risks thus building a fair just and sustainable supply chain system. Strategy
Management System of Supply Chain Crystal-Optech actively identifies and evaluates risks and opportunities in the supply chain and takes measures to minimize the
Governance impact continuously enhancing the resilience of the supply chain and promoting the sustainable development of the supply chain.Crystal-Optech has formulated the Strategic Sourcing and Supplier Management Measures Procurement Delivery and Fulfillment Man-
agement Measures and other systems to establish a full life cycle management approach for supplier sourcing access grading Type of Risk/ Description of Likelihood of Impact Expected
performance elimination and so on. The Company's Strategic Sourcing and Supplier Management Department (hereinafter Opportunity Risk/Opportunity Occurrence Duration Financial CountermeasuresImpact
referred to as the Supplier Management Department) is responsible for co-ordination and management and the Division Purchas-
ing is responsible for the management of suppliers under the Division's account set and in conjunction with the performance
management of the suppliers assists the Supplier Management Department to do a good job in supplier grading consolidation
elimination development and resource layout etc. For supplier resources shared by multiple business division the Supplier Man- ?. Purchase materials arrive
agement Department coordinates supplier grading and elimination. untimely or suddenly stop ?. Develop alternate
supply affecting the suppliers;
Type Management Measures Supply Company's subsequent ?. IQC inspection of
Risks chain Medium Short Term Decrease in incoming materials to
Prepare a supplier development program based on the supplier status of the purchased production program;disruption sales revenue reduce non-compliant
category such as supply capability and stability response time service and manage- ?. The quantity and quality of m a t e r i a l s i n t o t h e
Supplier development ment level price and payment method and the number of suppliers.purchase materials do not
meet the requirements. factory.Multi-channel development to establish a list of eligible access conditions and select
suitable suppliers for sample inquiry.An audit team is formed by the purchasing quality and technical departments to con-
duct on-site audits or document audits of new suppliers.Supplier review
With the increasing
Conduct annual audits of qualified suppliers to optimize supply chain management and awareness of environmental
improve overall competitiveness. protection sustainable
Supplier introduction is divided into three stages: temporary -- appraisal -- qualifica- development has become an Short Continuously promote Reduction in
tion. Temporary suppliers can trade for ? month only and appraisal suppliers can trade Sustainable important consideration in Medium supplier ESG costs and
for a ?-month appraisal period. Qualified suppliers are generally not subject to a dead- Opportunities development supply chain management. High and m a n a g e m e n t a n d increase in
line requirement unless they are naturally or actively phased out. trend By practicing responsible Long Term build a sustainable market share
purchasing and creating a responsibility chain.During the ?-month trading period the temporary buyer may apply for a transfer of green supply chain the
Supplier introduction assessment to a supplier if it meets the company's needs. Company is able to build a
good brand image.During the ?-month assessment period if the quality is stable the service is timely and
the cost is reasonable the assessing buyer can apply for supplier review and apply for
conversion to qualified supplier if it meets the requirements.
62 PAGE PAGE 63Impact Risk and Opportunity Management
Multi-dimensional supplier evaluation system
Crystal-Optech strengthens supply chain risk management develops a set of perfect risk management process to protect the
supply chain stable and healthy operation.ISO ???? Quality Management Systems (Consumer electronics product certification)
Collect relevant information about the supply chain including but not limited to
Risk identification supplier information logistics and transportation information raw material sourc- IATF ????? Automotive Quality Management System Standard (In-vehicle product
es etc. and identify risks based on the collection of ethical information. certification)
Risk assessment A comprehensive assessment of risks in the supply chain using both qualitative and Quality QCDS Supplier Cyclical Evaluation System
quantitative methods. Material acceptance standard
Develop countermeasures and for high-risk suppliers consider methods such as Abnormal feedback process and closed-loop tracking system
Risk management establishing alternate suppliers and increasing inventory. Intellectualization and systematization requirements
Strengthen the monitoring of the supply chain obtain timely information related to ISO ????? Environmental Management System
Risk monitoring the supply chain and adjust and update the risk according to the actual situation. Environmental safety Chemicals management (general chemicals & hazardous chemicals management)
Fire and mergency management
Indicators and Goals
The Company sets reasonable supply chain management Indicatores to manage and optimize each link in the supply chain so as Human rights requirements
to improve the Company's operational efficiency and competitiveness. At the same time the company treats SMEs upstream and Environmental assessment requirements
downstream of the supply chain equally and there are no cases of overdue payments to SMEs. Social responsibilities
Conflict minerals management
Supplier Status Information security
Key Indicators Unit 2024 Key Performance:
During the reporting period the signing rate of the Company's Supplier Social Responsibility Commitment was 100%.Total number of suppliers pcs ???
Supplier Review
Responsible Purchasing
Key Indicators Unit 2024 Integrity PurchasingCrystal-Optech has always adhered to the principle of mutual benefit honesty and trustworthiness the implementation of“ sun-Number of suppliers with Quality pcs ??? shine purchasing” suppliers are required to sign a Commitment of Honesty and Integrity to put an end to commercial bribery mo-
Management System Certification nopolization and other unfair competition to protect the legitimate rights and interests of both parties to create a level playing
Number of suppliers with Environmental pcs ??? field a sunny and healthy market environment.Management System Certification
Number of suppliers with Occupational Health and Key Performance:
pcs ???
Safety Management System Certification
During the reporting period the signing rate of the Company's Commitment of Honesty and Integrity was 100%.Number of suppliers suspended for non-compliance pcs ?
Number of potential suppliers rejected pcs ? Green Purchasing
for non-compliance Crystal-Optech is committed to building a green supply chain. At the source of the supply chain priority is given to suppliers with
environmental protection or social responsibility certifications and in the purchasing process priority is given to products and
services that have a low impact on the environment have a high utilization rate of resources and are in compliance with environ-
Supplier ESG Management mental protection standards so as to further reduce the environmental impact of the supply chain and build a more sustainable
Crystal-Optech incorporates ESG standards into its supply chain management establishes a multi-dimensional supplier evaluation business model.system and promotes the sustainable development of the supply chain in three aspects: quality environmental safety and social Digital Purchasing
responsibility. The Company requires suppliers to sign a Supplier Social Responsibility Commitment which covers environmental Crystal-Optech continues to promote big data management of raw materials simplifying operational processes and improving
protection health and safety business ethics and labor human rights. For suppliers who violate the requirements take the initia- business efficiency through digital technology. The Company builds a supplier quality abnormality system which automatically
tive to urge them to carry out rectification; for suppliers who fail to meet the standards within the rectification period take the sends an abnormality warning by message when the received material is non-conforming which is conducive to the Company's
corresponding elimination procedures. In addition the company actively conducts supplier safety training to meet the require- timely response to ensure that the supply chain system is safe and reliable.ments of supplier ESG management.
64 PAGE PAGE 65Conflict Minerals Management
Crystal-Optech adheres to responsible mineral procurement strictly abides by the requirements of the Responsible Minerals Initia-
tive (RMI) the Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas of the
Organization for Economic Cooperation and Development (OECD) and formulates the Conflict Minerals Control Policy to strengthen
the procurement management of metallic materials such as tantalum (Ta) tin (Sn) gold (Au) tungsten (W) cobalt (Co) and mica
(Mica) enhance the transparency of the supply chain and ensure the traceability of minerals used in the supply chain.During the reporting period the Company carried out mineral traceability for junction boxes and solder strips involving the use of
conflict minerals (tin) and issued conflict minerals questionnaires based on the principles of the Conflict Minerals Reporting Tem-
plate (CMRT) issued by the Responsible Minerals Initiative (RMI) to all suppliers of metal raw materials for photovoltaic soldering
tapes and wires with the traceability ratio reaching ???% and there was no procurement of conflict minerals.Suppliers sign a Supplier Social Responsibility Commitment to ensure that no metals
used in raw materials supplied to the company are from conflict areas. Crystal-Optech ISO???? Quality Crystal-Optech Jiangxi ISO???? Quality New T.Best ISO???? Quality
Policy requirements Management System Certification Management System Certification Management System Certification
Suppliers shall impose the same conflict minerals management requirements on
their upstream suppliers.Due diligence was conducted on the identified suppliers using the Conflict Minerals
Reporting Template (CMRT) and the Extended Minerals Reporting Template (EMRT)
provided by RMI.Due diligence
Compliance with CMRT EMRT and other questionnaires is confirmed and if the
supplier response information is incomplete or incorrect it is requested to be
refilled or supporting evidence is provided.Product and Service Safety and QualityQuality is the lifeline of Crystal-Optech craftsmanship is the vitality of quality construction Crystal-Optech adhere to the“ custom- Crystal-Optech Vietnam ISO???? Quality Crystal-Optech IATF????? Qualityer satisfaction is our eternal pursuit” of quality management policy customer demand-oriented continuous improvement of the Management System Certification Management System Certification
product life cycle management process and constantly promote the improvement and optimization of the quality of products and
services to enhance customer satisfaction. Crystal-Optech builds a scientific and effective quality management structure and the quality management representative is
responsible for coordinating and supervising all quality-related activities. Under the leadership of the quality management repre-
Quality Assurance System sentative the Company has set up five modules namely system incoming material management test center quality assurance
and quality inspection in order to realize the whole life cycle management of product quality.Governance Quality management
representative
Crystal-Optech strictly abide by the Product Quality Law of the People's Republic of China and other laws and regulations and Business Division
formulate Quality Environment/HSF Occupational Health and Safety Integrated Management System Management Manual and other
systems to ensure that the quality of each link is effectively controlled. By the end of the reporting period the Company had not
experienced any major quality and safety accidents or large-scale quality and safety complaints. System Incoming material Test center Quality Quality
The Company continues to improve the quality system construction is committed to providing customers with high-quality prod- management assurance inspection
ucts and services and has passed ISO???? IATF????? quality management system certification. The Company conducts quality
internal audits every year to identify and solve the deficiencies and potential problems in the quality management system in a I S S P C I I O
timely manner so as to continuously improve the effectiveness and efficiency of the quality management system. Q Q Q Q Q Q P Q
C E E E E C Q C
C
Quality Management Organizational Structure
66 PAGE PAGE 67
Measurement
management
Reliability testing
Hazardous
substance testing
Document control
System audit
Management of
Hazardous SubstancesModules Main Responsibilities Using a variety of material information and experience to identify risks in processes of tech-
Risk identification
nique equipment systems and operations.System Ensure that the Company's quality management system complies with standards and is continuously improved. Risks are analyzed in terms of their likelihood of occurrence and the timeframe of their
Incoming material Control the quality of raw materials and components to ensure that they meet Risk assessment impact and the impact of the risk on products corporate property corporate image corpo-
management production requirements. rate production and operations and customer satisfaction is assessed.Perform product testing to ensure that products meet quality standards before
Test center leaving the factory. Measures are taken against risks based on the results of the assessment and when potential
risks can be effectively avoided by taking avoidance measures a risk avoidance program is
Ensure quality throughout the entire production process from design to manufac- Risk response developed and risk avoidance measures are identified and implemented until the risk is par-
Quality assurance turing to after-sales service. tially or completely eliminated. When there are no feasible options for risk avoidance effec-
Quality inspections are carried out during the production process and before the tive risk reduction measures are taken to minimize the impact of potential risks.Quality inspection products leave the factory.Regularly organize and implement reviews of risks and opportunities to validate their effec-
Risk evaluation tiveness. The review of risks and opportunities is completed with a risk assessment report Strategy opportunities for continuous improvement residual risk analysis and improvement mea-
Crystal-Optech identifies and evaluates risks and opportunities in the production process formulates the Risk and Opportunity sures.Countermeasures Management Procedure establishes comprehensive risk and opportunity management measures and follows up
on the implementation in a timely manner to ensure the effectiveness of the measures thus reducing or eliminating the impacts Key Performance:
caused by the risks.During the reporting period the Company carried out 1 quality risk assessment.Type of Risk/ Description of Likelihood of Impact Expected
Opportunity Risk/Opportunity Occurrence Duration Financial CountermeasuresImpact Indicators and Goals
?. Strengthen the quality Crystal-Optech with high standards and strict requirements to control product quality and develop a scientific and effective quali-
?. Defective products control and develop a ty management objectives by the quality department to monitor the achievement of the objectives such as substandard items
are not labeled and r e a s o n a b l e s a m p l i n g will be proposed to improve the proposal to achieve product quality closed-loop management.controlled in time and plan;
Quality flow into the market; ?. Strengthen the training Indicator Objective Content Achievement
issues or ?. Inspection personnel Short and Increase in and learning of relevant
Risks
customer w r o n g i n s p e c t i o n
Medium
Medium Term costs Achieved with an actual management personnel; Product yield ??%
complaints o m i s s i o n o r n o t i n product yield of ??.??%.?. Strengthen the
accordance with the communication with
requirements resulting customers and handle
i n i n a c c u r a t e t e s t customer feedback in a Measures for Product Quality Management
results. timely manner.Full Life Cycle Management
Crystal-Optech as established a quality management system throughout the entire product life cycle to ensure that every aspect
The Company can use from product design production to service achieves superior quality. The Company strictly implements the quality control stan-
d i g i t a l s y s t e m s t o dards through advanced technology and sophisticated testing equipment to ensure that from the beginning of the incoming
collect and analyze Short Increase the constru
Intelligent material inspection to the production process control finished product factory testing are in line with the quality requirements. At data generated by the Medium c t i o n o f i n t e l l i g e n t
Opportunities and digital High Increase in the same time the Company has also formulated systems such as Management Measures for Review of Nonconforming Products and production process and systems to promote the
transformation market share Nonconformity/Nonconformity Control Procedures organized a professional team to review and analyze the situation of nonconfor-thereby improving the Long Term company's digital mity and take effective measures for correction and improvement. For products that fail inspection the Company takes measures
precision and transformation. such as rework special procurement scrapping return downgrading full inspection and sub-picking etc. to prevent them from
efficiency of product being used and delivered incorrectly so as to continuously improve the non-conforming items in order to ensure that the integrat-
quality control. ed management system operates continuously and effectively.Impact Risk and Opportunity Management
Crystal-Optech continuously improves the quality risk management process and strengthens the quality risk management through
the steps of risk identification risk assessment risk response and risk evaluation.
68 PAGE PAGE 69Quality Management Process Management Process of Hazardous Substances
Product development Gather market needs and develop product design specifications. Inspection of incoming The incoming material inspector does a good job of sampling raw and auxiliary materials
Select conforming raw material suppliers and carry out raw material inspec- materials and sends them to the measurement resource management department for testing.Feed inspection tion to ensure the quality of raw materials.Production quality inspection Strictly follow the requirements of the production process to ensure the quali-ty of the production process. When receiving raw and auxiliary materials each product line's material receiver needs to
Outbound inspection Sampling and testing of finished products to ensure that product quality
confirm whether the outer packaging is labeled with environmental protection markings
meets standards. such as ROHS and GP markings.Each product line follows the cadmium-free factory requirements defined in the Sony Group
Gather customer feedback and address quality issues in a timely manner. Environmental Quality Management Procedures in terms of use restrictions and use site
Continuous optimization Continuously optimize product quality management processes based on restrictions not to use raw and auxiliary materials that exceed the hazardous substance con-
market feedback. tent requirements of the Hazardous Substance Control Standards and not to intentionally
add hazardous substances that are prohibited for use.Process management For products with contents exceeding those specified in the Hazardous Substance Control Standards it is necessary to arrange for dedicated production lines to prevent misuse
Hazardous Substance Management mixing and contamination. If products with different control requirements are produced on
Crystal-Optech has formulated Management Regulations on Hazardous the same line a line needs to be changed for cleaning.When introducing new machines tooling and jigs/activating idle machines (machines that
Substances Hazardous Substance Control Standards Hazardous Sub- have been out of service for more than ? months are considered idle) and tooling and jigs to
stance Identification and Evaluation Control Procedures Hazardous Sub- support production HSF compliance assessment of the machines tooling and jigs should be
stance Detection Standards and other systems to standardize the man- conducted. An HSF compliance assessment is also required after equipment repair.agement of hazardous substances and to ensure that the procurement Process XRF testing is required when there are risks associated with the product manufactur-
and implementation of departmental materials the Company's produc- ing process.tion process control and the hazardous substances contained in the
final product comply with the EU REACH regulation the EU ROHS Direc-
Do a good job of sampling products from the factory and send them to the measurement
tive/Packaging and Packaging Waste Directive Norway POHS ban resource management department for testing.SS-????? Management Regulations of Hazardous Substances in Compo- Finished product Trace hazardous substances for products leaving the factory.nents and Materials and other domestic and overseas laws and regula- guarantee When information on hazardous substances contained in products is changed the customer
tions and customer requirements. As of the end of the reporting period should be notified in advance.the Company has passed the Hazardous Substance Process Manage-
ment System (IECQ QC??????) certification.Crystal-Optech strictly controls hazardous substances in the process of Digital Enablement
product design procurement manufacturing and shipment. The rele- Crystal-Optech built a digital quality management system suitable for its own development based on its own actual situation and
vant responsible departments test raw and auxiliary materials packag- achieved total quality management by relying on digital intelligent system. Through real-time collection and analysis of various
ing materials and finished products in accordance with the Hazardous types of data in the production process the Company is able to quickly identify quality problems and accurately locate the root
Substance Detection Standards. At the same time the Company regularly causes of the problems thus improving the efficiency and accuracy of quality management and promoting the continuous optimi-
identifies hazardous substances evaluates existing or potential sources zation and upgrading of products and services.of significant hazardous substance pollution and conducts control
planning.IECQ QC?????? Certification Certificate
ERP system
By relying on this system achieve the purchase warehousing inspection
and management of raw materials and ensure the supply of raw materials
Management Process of Hazardous Substances and quality control.Collect the information on hazardous substances and give full consideration to
Product design
domestic and overseas laws and regulations as well as customer standards for haz-
ardous substance management. MES system
Through real-time data collection monitoring and analysis the MES
Require suppliers to provide valid test reports on hazardous substances (ICP reports) and system can improve product quality and traceability providing strong
material safety data sheets (MSDS). support for enterprises to realize efficient management.Material purchasing Sign CG-B??“ Non-Use Guarantee of Prohibited Substances” with suppliers.High-risk materials or materials provided by high-risk suppliers are sampled and confirmed
as appropriate. Digital cloud platform
Real-time monitor quality data provide refined control of different links
and timely discover and resolve quality problems in the production pro-
cess thus effectively improving product quality.
70 PAGE PAGE 71Promoting the Spirit of Craftsmanship Customer Service Process
In order to further improve the quality of the Company's products enhance the staff's quality awareness improve quality skills and
create a quality culture atmosphere of full participation and the pursuit of excellence Crystal-Optech carried out a quality training Carry out relevant publicity to customers within the market target range provide technical advice and
explaining the quality-related knowledge to the staff and made the staff understand the various types of quality hazards and risks introduce the Company's products and general information.that are prone to occur in the production process through the case narratives so as to establish the concept of work: "quality mat-
ters" constantly improve the Company's quality management level and core competitiveness and promote the Company's prod- Pre-sales
uct quality to a new level. services Respond promptly to customer's feedback (e.g. customer complaints) incoming calls and inquiries
(e.g. inquiries about the processing of contracts or orders and their modifications etc.).Receive and arrange for customer visits.Timely track the order situation. When occurring such as delivery date technical quality requirements
HSF requirements transportation or other relevant contractual matters show abnormalities the busi-
ness staff should timely feed back information to the customer and effectively communicate and
Services during dispose of them.sale
After the product is shipped the marketing department reports the information about the delivery
process to the customer in a timely manner.Product Quality Training Follow up the delivered products maintain communication with customers and deal with customer
complaints in a timely manner.Key Performance:
After-sales If the customer needs to return the non-conforming product he/she selected after receiving it for
services inspection or using it the business staff of marketing department need to first understand the reasons
During the reporting period the Company carried out quality training 15 times with a total training duration for product failure from the customer and feed back the return information to the quality department
of 26 hours; trained 656 man-times in total. in time after getting the customer's non-conforming notification. After the quality department con-
firms and agrees to the return of product the product can be returned.Customer Service Management Customer Complaint Response
Customer Service Process Crystal-Optech has formulated Customer Complaint Handling Management Measures to clarify the responsibilities and specific oper-
ation methods for receiving handling transferring and implementing measures for customer complaints. Through patient accep-
Crystal-Optech formulates systems such as Customer-Related Process Control Procedure strengthens communication with custom- tance serious handling and active feedback of customer complaints the Company collects relevant information and data on the
ers maintains good cooperative relationships with customers and responds to customer needs in a timely manner. The Compa- market customers and products and formulates quality improvement measures to achieve the purpose of continuous improve-
ny's marketing department is responsible for communicating with customers identifying customer requirements and organizing ment of customer management and customer services.the review of product-related requirements; responsible for pre-sale sale and after-sale services of products collecting and collat-
ing customer-related information and providing timely feedback to the Company's relevant functional departments. The relevant Complaint Handling Process
functional departments are responsible for the processing and feedback of the information within the scope of their duties.Relevant departments patiently receive complaints confirm the real cause of complaints actively
Definition and follow up and feed back and enthusiastically serve customers.handling of
responsibilities If the defined result is a product quality problem the relevant department will ship the problematic
for complaints product back to the Company according to the actual situation of the customer meanwhile negotiate
with the customer on the follow-up matters.When the customer complaint receiver receives a customer complaint the receiver needs to ask for
the product model number batch number tracking number and a detailed description of the problem
Acceptance in detail and make a record.and transmission
of complaints Transfer the complaint information to the head of the quality department manufacturing manager
and responsible on-site quality engineer through the enterprise email.
72 PAGE PAGE 73Complaint Handling Process Customer Privacy Protection
Market information is related to the Company's security and interests. Crystal-Optech has formulated the Management System of
Organize customer complaint response according to the ?D (? Disciplines) steps.Market Information Confidentiality which strictly keeps customer information confidential and monitors information security
through IT technology thus reducing the risk of information leakage and providing customers with a safe and reliable service envi-
The ?D team leader organizes relevant personnel to develop short-term measures (D?) and implement
ronment. All business personnel (account managers salesmen business assistants) and those related to market information are
them within one working day and sends the information email to the customer complaint receiver
forbidden to talk about information related to customer work to irrelevant personnel at any time and any place. If customer infor-
who will then pass it on to the customer as needed.mation needs to be exchanged it will be transmitted and exchanged by customer code. All employees must strictly abide by the
obligation of confidentiality and shall not disclose information such as customer files. During the reporting period there was no
Complete (return) testing cause analysis and implementation of improvement measures within ?
customer privacy disclosure incident in the Company.working days (or ? working days after receiving the sample if the customer needs to return defective
items). After the implementation of countermeasures the results should be tracked and verified. If the
verification does not meet the requirements it should be ordered to rectify again until it meets the Data Security Guarantee
requirements.Ensuring information security is an important part of safeguarding customers' rights and interests and enhancing the Company's
Complaint Complete ?D within ? working days (? working days after receiving the sample) and reply to the cus- competitiveness. Crystal-Optech continuously strengthens the level of information security construction and management and
handling tomer. The medium and long-term measures (such as document standardization) shall be implement- compacts the responsibility of network and data security layer by layer thus promoting the safe efficient and steady development
ed within ? month at the latest; If the customer has special requirements on the time to reply to the of the Company's various businesses.complaint the reply shall be completed within the time required by the customer. Information Security Management System
Crystal-Optech strictly adheres to national laws and regulations such as the Data Security Law of the People's Republic of China and
If the quality problem cannot be solved in a short time an improvement plan (determine the improve-
the Cybersecurity Law of the People's Republic of China formulates the Information Security Management Manual and establishes a
ment measures responsible person and completion date) shall be made and submitted to the custom-
comprehensive information security management system to ensure the security of the Company's information infrastructure and
er and the implementation of the rectification measures shall be updated regularly.information application systems. At the same time the Company has established a clear information security reward and punish-
ment mechanism punishing employees who violate information security policies and procedures and rewarding employees who
Track the implemented improvement measures for three consecutive months or batches to ensure effectively avoid information security incidents thereby effectively preventing the occurrence of information security incidents. As
their continued effectiveness. of the end of the reporting period the Company has not experienced any data security incidents.Tracking and Normalized Security Governance Measures
verification of For the customer complaints of designated major customers the improvement measures should be
complaints maintained in the CAPA list and they should be reviewed and confirmed regularly. The review frequen- Crystal-Optech provides solid support for the Company's information security management from multiple aspects including infor-
cy is once every three months and it can only be closed after three consecutive confirmations. The mation system management physical environment management and information security training in accordance with the
responsible department shall give a reply within ? days. requirements of program management documents such as the Computer Room Security Management System and Vulnerability
Scanning Measures.Type Main Measures
Key Performance:
334 Backup the data the person in charge of the data source needs to check daily whether the data they During the reporting period the Company received customer complaints with a 100% resolution rate. are responsible for is backed up and promptly organize the backup files and record any abnormal
Data security backup events.management
Develop disaster recovery plans to ensure that business systems and data can resume normal opera-
Customer Satisfaction tion in the event of a major security incident.Customer satisfaction evaluation of Crystal-Optech is conducted once a year which is coordinated by the marketing department.After the customer satisfaction survey the marketing department forms a customer satisfaction evaluation form and sends it to Scan the vulnerabilities of the Company's main system hosts and repair them in time.the business section chiefs the heads of the marketing department and the leaders in charge of the marketing department. The
heads of the marketing department analyze and improve the suggestions or opinions put forward by customers in the customer Carry out computer virus inspection and regularly check the operation of computer equipment.satisfaction questionnaire and the problems existing in the customer satisfaction evaluation form organize relevant departments
to participate when necessary and form an improvement report complete the service work of relevant customers in time and System security Encrypt confidential documents to ensure that the internal information of the Company is not leaked.continuously improve customer satisfaction. management
Carry out VPN multifactor authentication to ensure data security.关Ke键y P绩e效rfo：rmance:
An application form must be filled in when the OA account (external access) enterprise email account
During the reporting period the Company distributed 34 customer satisfaction questionnaires and the customer and other communication software and intranet (referring to the access of foreign computers to the
satisfaction rate was 89.50%. Company LAN) are opened.
74 PAGE PAGE 75Type Main Measures
Regularly check power supply electrical equipment fire control facilities etc. and solve problems in
time when found.Environmental
management of Regularly check and sort out the physical connection lines of hardware and regularly check the opera-
computer room tion status of hardware (such as equipment indicator lights and meters).Regularly arrange computer network security training and strengthen the concept of computer net-
work security.Information s
ecurity training Regularly arrange network administrators to participate in safety training on computer networks to
improve their network management ability.Key Performance:
During the reporting period the Company conducted 25 information security trainings with 2000
participants.Emergency Incident Management
Crystal-Optech has formulated the Emergency Management Procedures for Information Systems and the Emergency Plans for Net-
work and Information Security to form a scientific effective and quick-response emergency working mechanism to ensure the
safety of important computer information systems and prevent and reduce network and information security emergencies and
their damage to the greatest extent. According to the nature of the incident serious procedures controllability scope of influence
and other factors the Company divides the Company's information security incidents into two levels: company level and depart-
ment level and formulates different emergency plans to ensure that network information failures can be found reported and han-
dled early.The IT management department of the Company decides and deploys emergency management. When network and information
security emergencies occur the Company responds quickly takes effective measures to curb the spread of the events and sum-
marizes and analyzes the events afterward to learn lessons so as to improve the future response ability and minimize the impact of
data security incidents.
76 PAGE PAGE 7706 Our PhilosophyEmployees are the most valuable wealth of enterprises and an important support for business development. Crystal-Optech adheres to the core values of "people-oriented" always pays attention to and safeguards the legitimate rights and interests of employees accompanies employees to grow safely builds a diversified and inclusive working environment for employees con-tinuously optimizes the talent development system and strives to broaden career development channels so as to realize the common progress and development of individuals and enterprises.
Our Actions
Ensure occupational health and safety protect the legitimate rights and interests of employees pay attention to employee
People-oriented training and development and carry out democratic management.Building a Harmonious Responsive SDGs
Workplace
CRYSTAL
OPTECH
Occupational Health and Safety
Protection of the Legitimate Rights and Interests of Employees
Employee Training and Development
78 PAGE PAGE 79Occupational Health and Safety Strategy
The Company evaluates and identifies possible risks and opportunities in the production process and environment and provides
Crystal-Optech adheres to the safety production policy of "safety first prevention first comprehensive treatment" establishes the corresponding countermeasures to reduce potential risks and improve management efficiency.safety management concept of "hidden danger is accident" always puts occupational health and safety in an important position
conscientiously implements the laws and regulations such as the Law of the People's Republic of China on Work Safety and the Law
of the People's Republic of China on Prevention and Control of Occupational Disease adheres to the occupational health and safety Type of Risk/ Description of Likelihood of Impact Financial
policy of "building a harmonious living and working environment" and constantly educates employees to strengthen safety Opportunity Risk/Opportunity Occurrence Duration Impact Countermeasures
awareness to protect their safety and health.Safety and Health Management System
Occupational health or
Governance safety accidents may Establish standard
The Company has formulated a series of health and safety production system documents such as Safety Production Management lead to the decline of procedures for hidden
System Safety Production Responsibility System and Safety Production Reward and Punishment System to strengthen the manage- the Company's Increase in danger investigation
ment and prevention of possible dangerous factors in the production process and promote the construction of safety system. Operating operating efficiency Medium Short Term operational prevention and
During the reporting period the Company passed the ISO ????? occupational health and safety management system certification Risk and in serious cases costs/fines. r e c t i fi c a t i o n a n d
and obtained the second-class enterprise certificate of work safety standardization. Crystal-Optech Jiangxi New T.Best Crys- may also lead to the timely control related
tal-Optech Vietnam Crystal-Schott and Yeshili all passed the occupational health and safety management system certification. i n t e r r u p t i o n o f t h e risks.Company's business.Risk
Formulate safety
production plans and
Occupational health d o a g o o d j o b i n
or production safety Decrease in
Reputation emergency handling accidents may lead to Low Long Term operational
Risk of safety production a decline in customer income. accidents; Timely and
t r u s t a n d a ff e c t transparent
market share. disclosure of accident
handling information.Crystal-Optech's Occupational Health and Safety Crystal-Optech's Second-class Enterprise Optimize internal
Management Systems Certificate Certificate of Work Safety Standardization processes strengthen
risk assessment and
In order to strengthen the work of safety in production the Company has a safety management organizational structure with clear Optimizing the hidden danger
powers and responsibilities comprehensively controls safety affairs from the organizational level supervises the implementation financial budget and in vest igat ion an d
of safety work and the completion of safety objectives and resolutely holds the bottom line of safety in production. In addition in management process i m p r o v e r e s p o n s e
order to implement the main body responsible for safety production of each unit the Company signed a responsibility letter for o f o c c u p a t i o n a l s p e e d ; I n v e s t i n
safety production target assessment with employees and the Divisions. During the reporting period the Company signed a total of Management health and safety will
Medium Reduction in research and
???? responsibility letters for safety production target assessment. Oppor tunities improve the overall High and expense Efficiency development or
operating efficiency of Long Term expenditure. introduce advanced
Organization Responsibilities t h e C o m p a n y a n d safety management
reduce the time and systems and
Principal person in charge Be responsible for organizing the formulation and implementation of overall and cost of accident t e c h n o l o g i e s t o
of the Company annual safety production targets and assessing the results of safety production handling. improve the efficiency
targets. o f o c c u p a t i o n a l
h e a l t h a n d s a f e t y
Base Operation Center - Responsible for formulating the annual production safety objectives indicators management.implementation plans and assessment methods and conducting inspection
EHS Department
testing and assessment.Impact Risk and Opportunity Management
Be responsible for implementing the implementation plan of safety production
Functional Centers and targets and indicators of the unit; to be responsible for the publicity and train- The Company has formulated such systems and procedures as Hazard Identification and Risk Assessment Control Procedure Emer-
ing of the safety production objectives indicators implementation plans and gency Preparedness and Response Procedure and Emergency Preparedness and Response Management Measures and formed a com-Business Groups
assessment methods of the unit; be responsible for the decomposition and plete management process which can effectively identify evaluate and manage safety risks at different levels.assessment of the safety production objectives and indicators of the unit.
80 PAGE PAGE 81Indicators and Goals
Management Process Management Measures
The Company sets the occupational health and safety target for ????.Identify hazard sources by division business and category and provide control mea-
Risk Grading and Control sures; update the hazard sources every year and count the number of newly identified Result-Oriented Indicators Goals Achievement
reduced and eliminated hazards.Fire Incidents None in ???? Achieved
Formulate the Safety Inspection and Hidden Danger Investigation and Rectification
New Occupational Diseases in ???? None in ???? Achieved
System conduct hidden danger investigation every month and implement closed-loop
management for hidden danger investigation and management; disclose safety hazard Serious Injury and Death Accidents in Production Safety None in ???? Achieved
Hazard Identification investigation data company safety hazard inspection quantity trend chart hidden
danger type distribution chart hidden danger rectification tracking table etc. and con- Incidence Rate of Minor Injuries The incidence in ???? is ≤?‰ Achieved
and Management duct hidden danger type analysis. During the reporting period the Company organized
??? hidden dangers investigations and found ??? hidden dangers all of which have
been rectified with a rectification rate of ???%. Safety and Health Management Measures
Production Equipment Management
Formulate the Emergency Plan for Production Safety Incidents including special emergen- The Company formulates the Equipment Management Regulations which manages the whole life cycle of equipment operation and
cy plans and on-site disposal plans strengthen the construction of emergency teams
Emergency Plan stipulates the responsibilities of equipment management and the management in the early middle and late stages of equipment and earnestly carry out emergency drills to effectively protect the lives and property of use. In addition the Company regularly carries out the closed-loop work of equipment safety hazard identification and rectification
employees. During the reporting period ? safety emergency drills were conducted. supervision.Case Comprehensive Emergency Drill for Safety Production
On May ?? ???? the Company held the "Comprehensive Emergency Drill for Safety Production". According to the Com-
pany's emergency plan and the actual situation of the Company's safety work it was determined that the main task of
this fire drill was to conduct emergency drills for fire accidents. The whole drill was divided into three parts: scene simu-
lated fire evacuation outdoor fire hydrant fire extinguishing and personnel rescue drill with a total of ???? participants.On-site Inspection Photo
Comprehensive Emergency Drill for Safety Production Safety Management of Interested Parties
The Company formulates the Contractor's Safety Management Regulations signs the Contractor's EHS Management Agreement with
the contractor reviews the contractor's qualification in advance requires the contractor to provide the corresponding qualifica-
tion certificate and signs the Contractor's Safety Management Instructions for Entering the Park including the safety and environ-
mental protection instructions for on-site operation and how to carry out emergency treatment. When handling the contractor's
construction certificate the security department needs to review the Contractor's EHS Management Agreement and the Contractor's
Safety Education Instructions for Entering the Park and can handle the construction certificate only after it is confirmed to be
correct. During the contractor's work the Company assigns the project leader to supervise the work and requires the contractor to
fill in the "Contractor's Daily Inspection Record Form" and urge the rectification in time when problems are found.
82 PAGE PAGE 83Enhancement of Safety Awareness
The Company attaches great importance to enhancing employees' safety awareness. To this end the Company regularly organizes
occupational health and safety training for all employees covering safety operation procedures use of personal protective equip-
ment emergency response and other aspects. In addition the Company will also carry out special safety training for contractors to
ensure that they strictly abide by safety regulations during project implementation jointly safeguard the Company's safe produc-
tion order and work together to build a harmonious working environment with zero accidents and zero injuries.Case Series of Activities of the Safe Production Month
Protection Point and Facility Protective Measures for Chemical Leakage
June ???? is the ??rd national "Safe Production Month". In order to implement the theme spirit of "Everyone pays atten-
tion to safety everyone knows how to respond to emergencies-unblocking the life channel" the Company has launched a
series of activities of Safe Production Month including special training on Safety Subject Responsibility Knowledge com-
prehensive emergency drills for safe production special emergency drills prize-winning answering activities special Occupational Health Protection
safety inspections and many other activities. This activity has effectively improved the safety production skills and aware-
ness of all employees and promoted the safe development of enterprises. Occupational Disease Hazard Factor Detection
The Company formulates the Occupational Health Comprehensive Management System which provides for the monitoring and eval-
uation management of occupational hazards. The Company shall entrust an occupational health technical service institution with
corresponding qualifications to detect occupational hazards at least once a year and evaluate the occupational hazards at least
once every three years to ensure that the intensity or concentration of occupational hazards in the workplace meets the national
occupational health standards.Key Performance:
During the reporting period the detection rate of occupational hazard factors was 100%.Occupational Disease Protection
The Company has formulated such systems as Management Measures for Labor Protection Articles Warning and Informing System for
Safety and Occupational Health and Management Measures for Occupational Health Examination. In terms of occupational health
Emergency Drill for Chemical Leakage of Boston Division Award-winning Answering Activity examination EHS Department the Base Operation Center identifies the occupational health hazard posts of the Company every
year and issues the Occupational Hazard Assessment Form which lists the occupational hazard factors of the posts their impact on
human body possible occupational diseases etc. and evaluates whether it is necessary to have a medical examination. The scope
of physical examination includes pre-employment on-the-job and emergency physical examination to protect the health and
Key Performance: related rights and interests of all employees.In 2024 the Company invested a total of RMB 597000 in safety education and training; Key Performance:
210 safety education and training sessions; participated in safety education and training for 35015 people;
During the reporting period the physical examination coverage rate of employees was 100% and there were 0
the total duration of safety education and training was 525.5 hours;
new occupational diseases.safety education and training coverage rate was 100%;
the coverage of safety risk protection training was 100%.Fire Safety Management
In order to strengthen the Company's fire safety management the Company formulated the Regulations on Fire Safety Management
entrusted a third-party organization with professional qualifications to conduct comprehensive fire facilities inspection on a regu-
lar basis and promptly fed back the rectification report after the inspection was completed so as to quickly implement various
improvement measures. In addition the Company will regularly maintain the fire-fighting facilities to ensure the effectiveness and
safety of the fire-fighting facilities. In the safety management of hazardous chemicals the Company strictly implements the storage
and use specifications of chemicals pays attention to taking anti-leakage measures and comprehensively protects the safety of
employees' lives and property and the harmony of the environment.On-site Protective Clothing Photo On-site Warning Sign Picture
84 PAGE PAGE 85Mental Health of Employees Talent Recruitment and Retention
The Company firmly believes that employees' mental health is an important cornerstone for the stable development of enterpris-
es. Therefore the Company has formulated the Employee's Mental Health Protection Mechanism and through a series of measures Talent Recruitment
and activities it ensures that employees can maintain a good mental state and work-life balance while working efficiently. The The Company formulates the Recruitment and Employment Control Procedure which specifies the recruitment conditions recruit-
Company has set up a mental health leading group and a mental health executive group to regularly carry out mental health train- ment principles interview procedures and employment procedures. The Company adheres to the principle of diversified recruit-
ing and team building activities for employees of the Company and incorporate employees' mental health into the monthly ment including social recruitment online channels such as BOSS ??job Liepin and so on; School recruitment including Changc-
assessment system and constantly optimize the mental health guarantee mechanism according to the assessment results to hun University of Science and Technology Shaanxi University of Science & Technology Xi 'an Technological University etc.;
create a healthy harmonious and positive working environment for employees. Entrusting the labor department to recruit and cooperating with headhunting companies etc. and also including internal recruit-
ment labor dispatch media recruitment and other channels. In addition the Company has specially opened recruitment channels
Protection of the Legitimate Rights and Interests of Employees for veterans and disabled people and tailored suitable positions according to their unique skills experience and personal charac-
teristics.Crystal-Optech regards employees as the first resource for the Company's development adheres to the people-oriented principle
cares about and respects employees' rights and interests and is committed to creating a diverse healthy and inclusive working ?.??% ?.??% ?.??% ?.??%
environment for employees paying attention to employees' physical and mental health constantly optimizing the employee
structure improving employees' welfare protection and enhancing employees' sense of belonging and cohesion. ??.??%
Protection of Employees' Rights and Interests
Human Rights Protection
The Company strictly abides by the Labor Law of People's Republic of China the Labor Contract Law of People's Republic of China
and other laws and regulations and formulates and improves the Employee Manual Work Procedures for Prohibiting Discrimination
Harassment or Abuse Non-compulsory Work Procedures Control Procedures for Child Labor and Juvenile Workers etc. to safeguard ??.??% ??.??% ??.??%
and respect the legitimate rights and interests of employees.Number of Employees (by Region) Number of Employees (by Gender) Number of Employees (by Employee Level)
The Company insists on equal pay for equal work prohibits all forms of disciplinary measures such as harassment abuse sexual
Chinese Hong Kong Macau Overseas
harassment or corporal punishment in the Company and stipulates that it is not allowed to discriminate against any worker in Female Male The Senior Middle Individual Mainland and Taiwan China Regions Management Management Contributors
recruitment and other employment activities based on age disability nationality gender marital status political affiliation race
religion sexual orientation gender identity membership of labor unions or any other status protected by applicable national or
local laws. At the same time the Company refuses any form of forced labor and ensures that all employees within the Company are ?.??% ?.??% ?.??% ?.??% ?.??%
voluntarily employed. If employees find that the Company has the above prohibited behaviors they can complain to their superi- ??.??% ??.??%
ors orally or in writing. ?.??% ??.??% ??.??%??.??%
Key Performance:
During the reporting period the signing rate of employee labor contracts was 100% and there was no ??.??%
employment discrimination harassment child labor and forced labor.Women's Rights and Interests Protection ??.??% ??.??% ??.??%
In order to safeguard the legitimate rights and interests of female employees protect their physical and mental health and the Number of Employees (by Profession) Number of Employees (by Age) Number of Employees (by Academic Qualification)
healthy growth of their children the Company has formulated the Management Procedure for Labor Protection of Female Workers Production Sales Technology Under ?? (exclusive) years old Doctoral Degree Master’s Degree Bachelor’s Degree
which stipulates that the principle of equality between men and women should be followed in terms of promotion treatment and Finance Administration ?? (inclusive) to ?? (exclusive) years old College High School Junior High School
welfare and protective measures should be taken for female employees during menstruation pregnancy childbirth and lactation. ?? (inclusive) to ?? (exclusive) years old Degree Degree (Technical Degreeor BelowSecondary School
At the same time the Company has a nursing room which is cleaned regularly by a special person. ?? years old or above Degree)
Key Performance: Employee Composition of Crystal-Optech in ????
During the reporting period the proportion of female managers in the Company was 27%; Talent Retention
the number of employees enjoying maternity leave was 29; enjoy the maternity leave return rate of 100%;
Equity incentive is an indispensable tool to cultivate and bring up a professional market-oriented and high-quality workforce. The
the number of employees enjoying parental leave was 54; the return rate of employees who enjoy parental leave Company has actively implemented the employee stock ownership plan using a total of ???????? repurchased shares for the
was 100%. implementation of the Company's Phase IV to Phase VIII employee stock ownership plans during the period from ???? to ????. At
the same time it set the unlocking conditions related to the performance appraisal results at the individual level actively reserved
talent resources and continuously stimulated employees' work enthusiasm and enthusiasm.Key Performance:
During the reporting period the employee turnover rate of the Company's functional platforms was 19.06%.
86 PAGE PAGE 87Salary and Benefits Management Key Performance:
During the reporting period the Company's employee satisfaction was 80%;
Management System
the employee participation rate of employee satisfaction was 92%.The Company formulates the Salary Management Regulations and the salary design follows the concepts of fairness competitive-
ness incentive legitimacy differentiation and sustainability aiming at building a system that meets the needs of employees and Employee Care
supports the strategic objectives of enterprises. The system principle emphasizes external competitiveness and internal balance
and the salary structure includes fixed income floating income and long-term incentive in which floating and long-term incentive The Company attaches great importance to the construction of humanistic care for enterprises cares for employees in all aspects
are linked to company and individual performance. in work and life carries out rich employee activities enhances mutual understanding and trust among employees by promoting
Benefits communication and cooperation among teams creates a harmonious and positive working atmosphere and lays a solid humanis-
tic foundation for the long-term development of the Company.The Company has formulated the Regulations on the Management of Employee Benefits for all domestic employees and employee
benefits include social security benefits working conditions benefits employee living benefits employee health benefits enter-
tainment and family activities benefits etc. The Company shall pay social insurance and housing provident fund for employees
who sign labor contracts with the Company according to law; Employees enjoy work benefits such as clean room allowance night
shift allowance and transportation allowance; The Company provides some employees with dormitory holiday benefits birthday
benefits retirement condolences and other living benefits.Key Performance:
During the reporting period the Company's social insurance coverage rate was 100%;
welfare expenditure is RMB 9.63 million; the per capita paid annual leave was 3.5 days.Assessment Mechanism Celebrating the Dragon Boat Festival with Dumplings Celebrating the Dragon Boat Festival with Tug of War
In order to standardize the management of the Company and form a scientific incentive and restraint mechanism the Company
established a performance appraisal mechanism according to the actual situation. The performance appraisal mechanism is quar-
terly KPI assessment which covers both performance and personal growth. The process includes performance planning imple-
mentation and counseling assessment and interview and complaints and results feedback. Individual assessment and team
assessment results are linked to each other.Strengthened Democratic Management
The Company has established the Labor Union Work Procedure and Employee Appeal and Handling Procedure and has set up a
labor union and employees’ congress. As an organization that represents and serves the interests of all employees the employ- International Working Women's Day (March ?) Activity Celebrating the Dragon Boat Festival with doing Sachet
ees’ congress is elected by employees and its daily work is to accept employees' complaints collect employees' opinions and
reflect them to the management of the Company; labor union members are democratically elected by the employees’ congress
and employees are organized to participate in democratic decision-making democratic management and democratic supervision
of their own units through the congress of workers and staff in accordance with the law.Employees can lodge complaints when they encounter behaviors that they think endanger their rights and interests or violate laws
and regulations at work. In order to protect employees from retaliation employees can lodge complaints anonymously through
the general manager's mailbox WeChat official account email telephone and other channels.The ?th Crystal-Optech Basketball Competition Crystal-Optech Basketball Team Friendly Match
Employees’ Congress Team Building Activity Manual DIY Activity
88 PAGE PAGE 89Employee Training and Development
Crystal-Optech attaches great importance to talent development and training sets up reasonable development channels for
employees builds a comprehensive training system carries out diversified training programs and gives employees the most
appropriate resources and effective learning modes so that employees can continuously improve themselves and fully demon-
strate their professional value.Staff Training Management
Training Platform Construction
The Company established Crystal Business School in ???? adhering to the mission of "immediately accurately and effectively serv-
ing the cultural heritage strategic landing and business growth of Crystal" and the teaching philosophy of "integrating knowledge
and practice training and warfare" and creating a knowledge platform learning platform and service platform covering the whole
area of Crystal so as to provide sufficient endogenous talent guarantee for the Company's development.In addition the Company established a learning growth system to evaluate and manage the learning growth of employee training
and at the same time formulated learning growth evaluation standards to evaluate the training results from three aspects: credits
learning ability Indicator and learning sharing Indicator.Crystal Business School
Mission Serve the Company's cultural heritage strategic landing and business growth immediately accurately and effectively.Orientation Establish a talent development mechanism build a talent emergence
New Crystal Cadre Training Camp
organization and stimulate the temperature of organizational culture.Leadership academy (building future leaders) Engineering academy (building a team of engineers) Case Grinding Technician Training
Strengthening camp for current cadres (enhancing leadership) In ???? the Company conducted training for grinding technicians aiming to enhance employees' grinding skills and
Crystal talent
(college students) project cultivate a team of skilled technicians who can teach. There were a total of ? trainers and ?? students participating in this
Training camp for new cadres (new cadres turn around) training.Jingwei
(new employee) project
Reserve cadre growth camp (consolidating management ability) Professional development project for engineers
Team leader training camp Crystal worker level certification
Resources
development Crystal mentor team development Curriculum system development Knowledge base development
Infrastructure
development Training system development Project operation process E-learning platform
Cultural temperature
development Concept culture propaganda Behavioral cultural traction
Upgrade of employee
experience Innovation of cultural activities
Orientation and Planning of Crystal Business School
Organization and Implementation of Internal Training
The Company employs external lecturers to carry out internal training with a total of more than ??? lecturers ranging from junior Grinding Technician Training
to special to provide internal training for all departments of the Company help the Company create an internal learning atmo-
sphere strengthen internal communication and improve employees' professional skills and quality.Staff Training Program Key Performance:
The Company has a professional development program for engineers and is carrying out activities such as the ???? Crystal Talent In 2024 the Company invested a total of RMB 2909500 in employee training;
Plan and Crystal Worker Skill Level Certification. Through skill recognition the Company aims to improve the growth path of 986 training sessions; the total number of trainees was 6570;
employees from junior intermediate and senior workers to technicians and senior technicians providing employees with a broad- the total number of trainees was 25697; the total training duration is 32899.89 hours;
er and more comprehensive platform for skill enhancement. In addition the Company has established New Crystal Cadre Growth
Camp New Crystal Cadre Training Camp and New Crystal Talent Growth Camp aiming to enhance the comprehensive quality of staff training coverage rate was 53%.employees and cultivate qualified cadres for Crystal.
90 PAGE PAGE 91
Processes
Quality
Equipment
Products
Project
managementEmployee Development Access
The Company provides support and platform for the growth of employees and provides a broader development space for talents
who dare to challenge themselves and develop in an all-round way. The Company has formulated the Craftsman Ladder (T-se-
quence) Promotion System for Career Planning and the Management System for Excellence Ladder Promotion Path for Career Plan-
ning which divide professional promotion channels for front-line backbone employees. According to the above system leaders
assist subordinates in formulating and implementing career development plans regularly evaluate the effectiveness of subordi-
nates' career plans propose improvement suggestions and provide necessary support and assistance; employees follow the guid-
ance of the craftsman ladder continuously improve their professional abilities actively participate in various training provided by
the Company and independently apply for professional levels.Artisan Ladder Level Setting
Level Abbreviation Core Values Typical Portrait
T?
Development Masters
T?
T?
Practice Experienced Personnel
T?
T? Learning Beginner
Excellence Ladder Level Setting
Level Abbreviation Core Values Typical Portrait
P?
Leading Authority
P?
P?
Innovation Expert
P?
P?
Development Masters
P?
P?
Practice Experienced Personnel
P?
P? Learning Beginner
92 PAGE PAGE 9307 Our PhilosophyCrystal-Optech has always regarded corporate social responsibility as an important mission actively practicing social responsi-bility focusing on rural revitalization social enterprise co-construction charitable donations and other fields and contributing to social construction.Our Actions
Increase community contributions help rural revitalization and participate in charity
Walk Hand in Hand Responsive SDGs
in Public Welfare and
Jointly Paint a Scroll
of Love
CRYSTAL
OPTECH
Rural Revitalization
Public Welfare and Charity
94 PAGE PAGE 95Rural Revitalization Employment Assistance
Crystal-Optech has effectively participated in the action of helping agriculture through consumption. As the "Taizhou Demonstra-
Crystal-Optech actively responded to the call of the country to "promote rural revitalization in an all-round way" and implemented tion Base for Employment and Poverty Alleviation" it has actively absorbed thousands of registered poor laborers and members of
the crystal gratitude culture. The Company set up the Gratitude Foundation to empower the rural revitalization in the help areas urban and rural low-income families and those on the verge of being low-income created more employment opportunities for
through consumption assistance education assistance and employment assistance constantly meeting the people's growing poor laborers and actively fulfilled their social responsibilities.needs for a better life and promoting the comprehensive rural revitalization to achieve new breakthroughs and a new level. In
???? the Company invested a total of RMB ?????? in rural revitalization.Consumption Assistance Public Welfare and Charity
The Company actively carried out consumer assistance work and carried out consumer assistance to poverty-stricken areas such
as Ganzi Prefecture Sertar County and Nanchong County in Sichuan Province where Jiaojiang District of Taizhou City Zhejiang Crystal-Optech actively participates in social welfare undertakings orderly carries out external donation work dedicates love with
Province helped counterparts and purchased agricultural and sideline products in a way of "love subscription" totaling RMB practical actions and contributes to the construction of a harmonious society.?????. Key Performance:
Educational Assistance
The Company focuses on the development of rural education. In ???? the Company's Gratitude Fund donated RMB ????? to In 2024 the Company's total public welfare investment was RMB168000.Hongjia Second Middle School to support teaching facilities and improve the school's teaching environment; provide financial
assistance to ? impoverished students in Zhongtou Town Jia County Henan Province with a donation of RMB?????. By continu-
ously promoting poverty alleviation through education we aim to build a culture of gratitude within the Company and contribute The Company has maintained a friendly relationship with the PLA resident forces for many years. On the occasion of the ??th anni-
to the prosperity and development of rural education. versary of the founding of the PLA the Company hereby applies for the Gratitude Fund donating RMB ????? to the resident offi-
cers and soldiers sending holiday condolences actively providing help within its ability for the army building and improving com-
munication and joint construction with the army.Case Crystal-Optech Donates RMB 2 Million to the College of Optical Science and Engineering at Zhejiang University
In this era of rapid technological advancement the deep integration of education and industry has become an important
force driving social progress and technological innovation. Crystal-Optech has taken practical actions to fulfill its social
responsibility and donated RMB ? million to the College of Optical Science and Engineering at Zhejiang University with
the aim of promoting educational development and technological innovation in the field of optics and contributing to
the cultivation of more outstanding optoelectronic talents. This donation is not only a high recognition of the education-
al capabilities of Zhejiang University by Crystal-Optech but also demonstrates Crystal-Optech's deep concern for educa-
tion and its high sense of responsibility for the cultivation of future scientific and technological talents.Donate Hongjia Second Middle School
Case Crystal-Optech has Helped Sertar 's Education Development for Three Consecutive Years
Since Jiaojiang was paired with Sertar the Company has been committed to helping Sertar and always caring about
Sertar education. The Company sponsored the implementation of Jiaojiang-Sertar education and employment integra-
tion project for three consecutive years and donated a total of RMB ?????? to support Sertar students' study and life in
Jiaojiang. The injection of this fund will solve practical difficulties for Sertar students relieve their worries and let them
study with peace of mind improve their grades broaden their horizons and increase their talents.Zhejiang University Leaders Present Honor Certificates and Gratitude Plaques to Crystal-Optech
Signing Ceremony for the Integration Project of Vocational Education and Employment
9６ PAGE PAGE 9７Looking Ahead Annex
Indexes
???? is the closing year of the "??th Five-Year Plan". Crystal-Optech will continue to uphold the corporate vision of "becoming a Global Sustainable Self-Regulatory Guidelines No. 17
Sections of Chinese Corporate Social for Companies Listed on
globally outstanding one-stop optical solution expert" adhere to sustainable development practice corporate social responsibili- Developmentthe Report Reporting Standard Responsibility Report Guidelines (CASS-ESG6.0) Shenzhen Stock Exchange—Sustainability
Report (For Trial Implementation)
ty with practical actions continue to deepen the fields of environment society and governance and contribute more to global (GRI Standards)
green transformation and sustainable development. Article ?
About This Report ?-?/?-? P?.?/P?.? Article ?
In terms of environment the Company will continue to fully implement the concept of green manufacturing and strive to achieve
low-carbon recycling and harmlessness in the production process optimize the production process reduce energy consumption Message from the / P?.? /
and reduce emissions; in the process of product R&D and production we will actively use environmentally friendly degradable or Chairman
recyclable materials to reduce environmental pollution explore the application possibilities of more environmentally friendly Company Profile ?-? P?.?/P?.? /
materials and contribute to the green development of the optical industry. Development
Strategy / P?.? /
In terms of society the Company will always pay attention to the protection of customer rights and ensure the quality and safety of About Corporate / P?.? /
products; keep up with the forefront of the industry and continue technological innovation and continue to build and improve the Crystal- Culture
technological innovation system; actively participate in community construction and public welfare activities support the devel- Optech Development History / P?.? /
opment of education environmental protection poverty alleviation and other undertakings; provide employees with more diverse
training courses and career development opportunities achieving a win-win situation between personal value and enterprise Honors / / /
development. Performance
in ???? ???-? A? /
In terms of governance the Company will regard sustainable development as one of the core strategies for enterprise develop- ESG Goal / / /
ment formulate clear sustainable development goals and plans regularly evaluate the implementation of sustainable develop- and Vision
ment strategies adjust and optimize strategic directions in a timely manner and ensure that the company continues to move ESG
Governance ?-??/?-?? G?.?.?/G?.?.?/G?.?.?/G?.?.? Article ??forward on the path of sustainable development. ESG
Managem- Communica-
ent tion with Article ??-??/?-?? G?.?.?
Stakeholders Article ??
Management
of Material ?-??/?-?/?-?/?-? G?.?.?/G?.?.?? Article ?
Topics
?-?/?-??/?-??/
Standardize ?-??/?-??/?-??/
Corporate / /
?-??/?-??/?-??/
Excellence Governance ???-?
in Govern-
ance Buil-
ding the Protecting
Cornersto- Investors'
Rights and ?-?? / /
ne of Dev- Interests
elopment
Article ??
Practicing ?-??/?-??/?-??/ G?.?.?/G?.?.?/G?.?.?/G?.?.?/
Business Article ??
Ethics ???-?/???-? G?.?.?/G?.?.?/G?.?.?/G?.?.?/ Article ??
Article ??
Green Lea- Article ??
dership E?.?.?/E?.?.?/E?.?.?/E?.?.?/ Article ??
Co-Creat- Response to ???-?/???-?/???-?/ E?.?.?/E?.?.?/E?.?.?/E.?.?.?/
Climate Article ??
ing a Low Change ???-?/???-? E?.?.??/E?.?.??/E?.?.??/ Article ??
-Carbon E?.?.??/E?.?.?? Article ??
Future Article ??
Article ??
９８ PAGE PAGE ９９Global Sustainable Self-Regulatory Guidelines No. 17
Sections of Development Chinese Corporate Social for Companies Listed on Feedback
the Report Reporting Standard Responsibility Report Guidelines (CASS-ESG6.0) Shenzhen Stock Exchange—Sustainability
(GRI Standards) Report (For Trial Implementation) Form
E?.?.?/E?.?.?/E?.?.?/E?.?.?/ Article ??
Environmen-
tal Complia- ???-?/???-?/???-? E?.?.?/E?.?.?/E?.?.?/E?.?.?/ Article ??
nce Manag- /???-?/???-? E?.?.?/E?.?.?/E?.?.?/E?.?.?/ Article ??Green Lea- ement
dership E?.?.?/E?.?.?/E?.?.?/E?.?.?/
Article ??
Article ?? Thank you for reading the 2024 Environmental Social and Corporate Governance Report of Zhejiang Crystal-Optech Co. Ltd.Co-Creat- E?.?.? To improve the work of Crystal-Optech in environmental social and corporate governance aspects further enhance the
ing a Low Article ?? Company's ability and level of sustainable development and strengthen communication and exchange with all sectors of
-Carbon E?.?.?/E?.?.?/E?.?.?/E?.?.?/Resource ???-?/???-? Article ??
Future Management E?.?.?/E?.?.?/E?.?.?/E?.?.?/
society we sincerely hope that you can provide valuable opinions and suggestions on our work and report amidst your busy
/???-?/???-? Article ??
E?.?.?/E?.?.?/E?.?.?/E?.?.? schedule.Article ??
S?.?.?/S?.?.?/S?.?.?/S?.?.?/ Your Information
Innovation S?.?.?/S?.?.?/S?.?.?/S?.?.?/ Article ??
/
-Driven S?.?.??/S?.?.??/S?.?.??/ Article ?? Name: Tel:
S?.?.??
Unit: Email:
Value Co-
creation Article ?? Choice Questions (please tick √ in the appropriate box)Supply Chain ?-?/???-?/???-?/ S?.?.?/S?.?.?/S?.?.?/S?.?.?/
Writing a Management Article ?????-?/???-? S?.?.? Article ?? ?. Your overall evaluation of the 2024 Environmental Social and Corporate Governance Report of New Cha-
pter of De- Zhejiang Crystal-Optech Co. Ltd:
velopment
Product and
Service Safety ???-?/???-?/ S?.?.?/S?.?.?/S?.?.?/S?.?.?/ Article ?? □ Good □ Fair □ To be improved □ Not understood
and Quality ???-?/???-? S?.?.?/S?.?.?/S?.?.?/S?.?.? Article ??
?. How do you think Crystal-Optech has done in terms of customer service
□ Good □ Fair □ To be improved □ Not understood
Data Security
Guarantee ???-? S?.?.?/S?.?.? Article ?? ?. How do you think Crystal-Optech has done in terms of technological innovation
□ Good □ Fair □ To be improved □ Not understood
???-?/???-?/???-?
Occupational S?.?.?/S?.?.?/S?.?.?/S?.?.?/ Article ??
Health a /???-?/???-?/???-? ?. How do you think Crystal-Optech has done in terms of corporate governance
nd Safety S?.?.?/S?.?.? Article ??People- /???-?/???-??
oriented □ Good □ Fair □ To be improved □ Not understood
Building
a Harmo- Protection of ?-?/???-?/???-?/ S?.?.?/S?.?.?/S?.?.?/S?.?.?/ ?. How do you think Crystal-Optech has done in terms of employee team buildingthe Legitimate Article ??
nious Rights and ???-?/???-?/???-? S?.?.?/S?.?.?/S?.?.?/S?.?.?/
Interests of Article ?? □ Good □ Fair □ To be improved □ Not understoodWorkplace Employees /???-? S?.?.?/S?.?.??/S?.?.??/S?.?.??
?. How do you think Crystal-Optech has done in social welfare
Employee
Training and ???-? S?.?.?/S?.?.?/S?.?.? Article ?? □ Good □ Fair □ To be improved □ Not understood
Development /S?.?.?/S?.?.?/S?.?.?
Walk Hand ?. How do you think Crystal-Optech has done in terms of environmental protection
in Hand in Rural
Revitalization ???-?/???-? S?.?.?/S?.?.?/S?.?.?/S?.?.?
Article ??
Public We- Article ?? □ Good □ Fair □ To be improved □ Not understood
lfare and
Jointly Pa- Public Article ??
int a Scroll Welfare ???-? S?.?.?/S?.?.?/S?.?.? ?. How do you think Crystal-Optech is doing in terms of sustainable supply chain
of Love and Charity Article ?? □ Good □ Fair □ To be improved □ Not understood
Looking Ahead / A? /
?. Do you have any other opinions on Crystal-Optech' ESG work
Indexes / A? Article ??
Annex
Feedback
Form / A? /
100 PAGE PAGE 101
沪公网安备31011802005267号
