Stock Code:

002410

Glodon Company Limited

Environmental Social

and Governance (ESG) Report

2024Contents

Ensuring Healthy Operations

01 About this Report Enhancing Corporate Governance 20

02 Chairman’s Speech Upholding Business Ethics 24

06 About Glodon GOVERNANCE

12 Sustainable Low-Carbon Development

Development

Management

Upholding Low-Carbon Operations 31

Management of Environmental Impact 39

LOW-CARBON

Striving for Excellence

Actively Advancing Independent Innovation 44

Building Excellence in Quality 54

OPTIMIZE

Empowering Data Governance

Ensuring Information Security 58

Strengthening Data Compliance 61

DIGITAL Upholding Technology Ethics 62

Openness and Win-win Cooperation

Responsible Supply Chain 64

Developing Industry Talent 66

OPEN-MINDED Supporting Social Well-being 72

Appendix

Talent Development

86 Key Performance Indicators

91 GRI Index

Building a High-Caliber Workforce 76

95 Terminology Interpretation

Building a Healthy Workplace 82

97 Reader Feedback

NURTUREAbout this Report

Introduction

The report reviews the endeavors and accomplishments of Glodon Company

Limited (“Glodon” or “the Company” or “we”) in the fields of environmental social

and governance (ESG) in 2024. It aims to bolster mutual understanding and engagement

between Glodon and its stakeholders thereby fostering sustainable growth and long-

term value.Publication

This is Glodon’s sixth public annual report detailing our sustainability

initiatives.Reporting Period

The report primarily covers the period from January 1 2024 to December 31

2024 with occasional historical insights that mark significant milestones in Glodon’s

journey.Organizational Scope

The organizational scope of this report encompasses all entities over which the

Company has control or significant influence regarding financial and operational

policies and measures consistent with the scope covered in the Company’s annual

report.Reference Documents

GRI Sustainability Reporting Standards (GRI Standards) by Global Sustainability

Standards Board;

ISO 26000: Guidance on Social Responsibility (2010) by International

Organization for Standardization;

United Nations’ 2030 Agenda for sustainability (SDGs);

Guidelines for Compiling Social Responsibility Reports (GB/T 36001-2015)

Guidelines for Social Responsibility (GB/T 36000-2015) Guidance on Social

Responsibility Performance Classification (GB/T 36002-2015) by PRC National

Standards;

Self-Regulatory Guidelines No. 11 for Listed Companies - Information Disclosure

Work Assessment Self-Regulatory Guidelines No. 3 for Listed Companies -

Industry Information Disclosure Self-Regulatory Guidelines No. 17 for Listed

Companies - sustainability Report (Trial) (Draft for Comment) by Shenzhen Stock

Exchange.

1Source of Data

This report derives its disclosure information from Glodon’s official records and

statistical reports as well as sustainability performance statistics within the

organizational scope. Our commitment is to continuously refine our data metrics to

showcase our sustainability progress in an all-around way.Availability of the Report

This report is available in online format. It can be downloaded from Glodon’s

website (www.Glodon.com/en/).

2Chairman’s Speech

In 2024 the construction industry faces increasing demands for quality upgrades

rapid technological iterations and ongoing reinvention in the competitive landscape.Each of these changes presents significant challenges to the strategic focus and

innovation capabilities of industry players. As participants deeply involved in the global

sustainability process we prioritize customer success as the guiding principle and

innovation as core values and continually create value across economic social and

environmental dimensions.Gaining momentum and setting a clear vision we are breaking through

industry boundaries through digital innovation and offering the industry upgrade

programs. We view digital transformation as the key pathway to advancing refined

construction management. Our digital transformation model guided by the principles

of refined management has achieved significant breakthroughs in crucial business

areas including design construction and cost management. We have undertaken major

national research and development projects all of which have successfully passed

acceptance and earned several national-level technology awards continuously

strengthening our brand influence and technological leadership. Additionally we

actively foster the deep integration of technology and business and align manufacturing

industry upgrades with graphic technology. We have launched the AI-powered big

model AecGPT and an industry-specific AI platform for the construction sector

alongside the release of Concetto the next-generation AI-driven design product. The

Glodon Guangzhou Digital Technology Building has officially been established

showcasing the immense potential of BIM-based digital building lifecycle management.Furthermore we vigorously promote our international operations with service

networks extending to over 100 countries and regions including the UK Luxembourg

Germany and Malaysia. We have established localized product and service teams in

Singapore Malaysia and Indonesia effectively integrating the technological expertise

of our Chinese headquarters with local talent through over a decade of collaboration.Furthermore we actively participate in the development of international standards and

have created a digital solution for the construction industry that balances industry

expertise with international adaptability to showcase Glodon’s capabilities on the global

stage of digital construction.We are advancing toward a sustainable future by reshaping the green

attributes of buildings through digital technology and establishing an industrial

3pathway for climate governance. We empower green buildings green industrial

chains and ecological governance via digital technology. We are committed to

constructing a carbon management ecosystem that encompasses the entire lifecycle of

buildings. This includes launching the Glodon Carbon Cloud—a carbon emission

measurement platform—alongside other carbon reduction solutions and developing a

carbon factor library specific to the Chinese construction industry. We are also

establishing a green building materials service platform to promote the practical

application of sustainable materials in construction. Furthermore we are exploring

innovative models of intelligent ecological protection and restoration based on

Environmental Information Management (EIM) and contribute to globally

collaborative environmental governance. Simultaneously we integrate the principles of

green development into our building projects. The Glodon Xi’an Digital Building

Product R&D and Industrialization Base is certificated as the LEED Gold and the

WELL Platinum and the Glodon Intelligent Construction and South ChinaHeadquarters project has been awarded the “World Green Design Capital Green DesignDemonstration Project” by the World Green Design Organization creating a new model

of the building that is driven by the synergy of digitalization and sustainability.Delivering goodness we responsibly share the warmth of the industry and

ensure that digitalization benefits a broader population. We support employees in

their lifelong education strengthen the cooperation of industry and university and

enhance cross-cultural competencies providing robust support for the cultivation of

high-quality talent with international perspectives and innovative abilities. We promote

cross-border educational exchanges and cooperation hold over 10 international

education activities and collaborate with 19 global universities to collaborate in course

delivery which shares our wisdom for development with the global construction sector;

We have supported 89 universities in winning international skills competition awards

and contributed to innovative vocational education. Through the AI+ digital teaching

platform and the textbooks Intelligent Construction series we seek to reshape

architectural education and provide the industry with tens of thousands of high-quality

professionals. We are dedicated to making technological progress more relevant to

people’s everyday lives. Building on our strengths we undertake public welfare

initiatives promote rural revitalization support vulnerable communities and

specifically conduct emergency rescue training and free medical clinics for construction

workers exemplifying our commitment to promoting technology for social good

through innovation and promoting technology for good causes through innovation

4Building a solid foundation for governance upgrades we establish compliance

benchmarks and safeguard high-quality development. We strictly adhere to the laws

regulations and international conventions of the countries and regions in which we

operate ensuring compliance in our operations. We also strengthen communication and

cooperation with international organizations and have been recognized as a P4EAST

by the ISSB Beijing Office. Our sustainable development governance system integrates

strategic decision-making risk management and stakeholder governance which forms

a more adaptable and sustainable operation model. We maintain high standards of

business ethics and optimize internal audit and supervisory processes. Additionally we

have established a group-level anti-monopoly compliance committee to ensure

transparency and fairness in our operations. We prioritize product quality and data

security by creating a stable operating environment and data protection systems through

advanced technologies. Concurrently we emphasize employee well-being by

implementing a sound talent training and development system. Through employee

surveys on career satisfaction the “G’s Talk” initiative and the “North G Star” internal

forum we foster a positive corporate culture enabling every employee to achieve

personal and professional growth within the Company.Adversity reveals courage and perseverance while hard work paves the way

for success. We will embrace the changes and opportunities of our time and in

alignment with the United Nations Sustainable Development Goals advance the

implementation of Glodon’s Ninth Three-year Strategic Plan and the “G3” sustainability

strategy. With unwavering determination and pragmatic actions we will continue to

create value for our clients make every project a success and help every practitioner

have achievements. We are eager to collaborate with global partners to contribute to the

sustainable construction industry in this new era.Chairman and President of Glodon Company Limited

5About Glodon

Company Profile

Digital Building Platform Service Provider

Glodon Company Limited has been dedicated to the digitalization of the construction industry for almost three decades and is

China’s first A-share listed company focusing on information technology in construction engineering. As a digital building

platform service provider Glodon offers comprehensive digital building lifecycle solutions focusing on specialized

applications in construction engineering and providing value-added services like industry big data and supply chain finance.Our solutions cater to various stakeholders including industry regulators developers designers consultants contractors

equipment and material manufacturers and sectors like city operation finance and education. We leverage core digital

technologies and systematic digital capabilities to drive high-quality development in the construction industry.As of the end of 2024

26 global sales and service network years of dedicated 8 global technology

experience in the digitalization covering over 100 countries

R&D centers

of construction industry and regions

80+ 390000 over over 7000000

subsidiaries corporate clients

projects

over 10000000 million end-users

Mission Vision and Values

Our Mission Our Vision Our Values

Generate happiness and Be an enterprise with Happy Customer Success、Win-Win、

engagement of our teams and Staff Industrial Leadership Integrity、Keep Learning、One

develop a better working and living Ever-Growing Business and Glodon、Day One

environment with technology Good Reputation

6Deeply Cultivated in the Industry

Leading Digital Development in Construction

Founded in Haidian District Beijing with the original

1998 mission of “serving the nation through technology andpromoting IT applications in the construction sector.”

Launched internationalization efforts by establishing

the U.S. Research Center and settling in the China-U.S. 2008

Science and Technology Park at the University of Listed on the Shenzhen Stock Exchange becoming

Maryland. China’s first A-share listed company focusing on

information technology in construction engineering.

2010

Strategically restructured Menglong Software to

Completed and relocated to the self-built Glodon accelerate integrated solutions targeting large- and

Information Building a benchmark for BIM technology 2013 medium-sized construction enterprises.exploration and practice.

2014 Strategically restructured Finland’s MEP design software MagiCAD to expand global operations.

Achieved “First Entrepreneurial Success”– empowering

budget estimators to transition from manual 2015

calculations to digital tools. Initiated“Second Entrepreneurial Journey”– aiming

2017 to make every project a success and help every

practitioner have achievements.Released the Digital Building White Paper defining

the concept of “digital building” and providing 2018

new ideas and paths for industry transformation.Strategically restructured Hongye Technology to

2020 expand design capabilities and complete the digital

Collaborated with industry academia and research construction ecosystem layout.institutions to lead the Ministry of Science andTechnology’s “National Key R&D Program – Key 2021 The Glodon Xi’an Digital Building Product R&D andTechnology Research and Demonstration of City Industrialization Base was put into use.Information Modeling (CIM) Platforms.”

2022 Co-established the National Center of Technology

Innovation for Digital Construction and led theLaunched the Glodon Business Platform a PaaS development of the “Digital Construction Softwareplatform for core digital capabilities in the Laboratory.”

construction industry.

2023

Published Systematic Digitalization exploring Established a National Enterprise Technology Center

breakthroughs for construction enterprises’ digital jointly certified by four ministries including the

transformation. National Development and Reform Commission.

2024 The BIM full-process application demonstration

project Glodon Guangzhou Digital Technology.Released AecGPT an AI large language model for

the construction industry and the Construction

Industry AI Platform.

7Global Layout

Equal Focus on Technological Innovation and Practical Exploration

8 Global Technology R&D CentersEight global R&D centers driving core technological innovation and upgrading leading the global digital construction development

Domestic Centers | Beijing R&D Center ｜ Shanghai R&D Center ｜ Xi’an R&D Center ｜ Guangzhou R&D Center

Overseas Centers | U.S. R&D Center ｜ Finland R&D Center ｜ Poland R&D Center ｜ Sweden R&D Center

Sweden Finland

United Kingdom

Luxembourg Poland Glodon Building and Glodon

Germany Information Building Beijing China

United States Glodon Shanghai Building

Glodon Xi’an R&D Centre Xi’an China Shanghai China

Hong Kong China Glodon Smart Construction and South

China Headquarters Guangzhou China

Malaysia Singapore

Indonesia

Global R&D Centers

Global Major Branches and Subsidiaries

5 Innovation BasesFive national innovation bases constructed to simultaneously validate and explore supporting in-depth practical application of digital building theories through independent R&D and self-construction

Glodon Building ｜ Glodon Information Building ｜ Glodon Shanghai Building

Glodon Xi’an Digital Building Product R&D and Industrialization Base

Glodon Smart Construction and South China Headquarters

2009 / Beijing 2013 / Beijing 2018 / Shanghai 2022 / Xi’an 2024 / Guangzhou

11000m2 30000m2 12000m2 66000m2 18000m2

8Business Layout

Serves the Entire Lifecycle of Buildings

Glodon’s solutions are built on a foundation of specialized applications in the construction domain and are supported by

industry big data and other value-added services.Project Approval Operation and Maintenance

Entire Lifecycle of Buildings

Design Completion

Transaction Construction

Ind

R ue s ti

onal

g tru y c

a

la uto C dit srs A y ent F

inancial E stitutio

n

dministrators Develope

Equipm

r c

e In

s Designers Consultants Contractors and Material

Servi

anufacturers P

roviders

M

Systematic Digitization:

Achieving Holistic Solutions

As the gap between siloed digitalization and the need for holistic digital transformation at the enterprise level grows Glodon

introduces systematic digitalization as a solution. This approach centered around data connectivity and algorithm builds an

integrated support platform to create key digital application scenarios like the digital construction site integrated on-site

production BIM-based design and cost management integration. This promotes full-scale full-supply-chain and full-element

digitalization enhancing enterprises’ control over people finances events materials and information expanding their

capabilities in the value chain supply chain and industrial chain and driving large-scale high-quality development.Integrated Enterprises Projects and Functional

An integrated organization is formed by Departments

connecting individual roles business Beyond individual roles and processes

processes and management areas. there are larger-scale management

Integrated solutions for enterprise digital areas including entire projects and

transformation enterprise functional management.Extensive support for comprehensive

project management and functional

management

Individual Roles Business Processes

In the construction industry there are The industry consists of several key

numerous specific roles and responsibilities. business processes such as cost

management labor management

Specialized tools tailored to each roles technology implementation and

materials handling.Precise management of business

processes

9Glodon’s Journey of Honors and Responsibilities in 2024

On the journey of digitization Glodon accumulates experience and views every honor as the driving force for continuous

progress.International

Excellence in Open Standards Innovation and Organization Award

The Open Group APAC

Government

China’s National Enterprise China’s Intelligent Construction Excellent Cooperative Beijing Leading Enter-

Technology Center Engineering Technology Enterprise in Indus- prise in Intelligent

Innovation Center (Ministry of try-University Construction (First Batch)

National Development and Reform Housing and Urban-Rural Collaboration Educa-

Commission of the People’s Republic of Development of the People’s tion Project

China Ministry of Finance of the People’s Republic of China)

Republic of China General Administration of Higher Education

Customs of the People’s Republic of China Ministry of Housing and Department Ministry of Beijing Municipal Commission

State Taxation Administration of the Urban-Rural Development of Education of the People’s of Housing and Urban-Rural

People’s Republic of China the People’s Republic of China Republic of China Development

Beijing Intelligent 2023 Beijing Top 100 Private 2023 Beijing Digital China Software Integrity

Construction Innovation Enterprises Top 100 in Economy Benchmark Demonstration Enterprise

Center Technological Innovation Top Enterprise

100 in Social Responsibility Liaoning Provincial Department

Beijing Municipal Commission Beijing Municipal Bureau of of Industry and Information

of Housing and Urban-Rural Beijing Federation of Industry Economy and Information Technology China Software

Development and Commerce Technology Industry Association

2023 Construction Industry 2024 China Scenario

Digital Transformation Innovation Pioneer

Leading Enterprise Enterprise

CCIDNET Digital Economy Magazine Hefei Municipal Development and Reform Commission

10Industry

China Software 2024 Innovative 2024 Listed Company China New National Industry

Industry 40-Year Software Enterprise Sustainability Excellence Economy TOP500 Enterprise Competitiveness

Contribution Enterprise Practice Case Enterprise 5A-Level Unit

China Software Industry China Productivity Society China

Association Beijing Daxing Council for the Promotion of

China Software Economic Development Zone China Association of China Enterprise International Trade Commercial

Industry Association Administration Committee Listed Companies Evaluation Association Industry Committee

China Real Estate 2024 Smart City Pioneer 2024 Software and Information AI High-Quality

Technology Leading Award Excellent Unit Service Industry Social Development Industry

Enterprise TOP30 Responsibility Governance Responsibility Award

China Society for Geodesy “AAA Leading Level”

Photogrammetry and Cartography

China Real Estate China Association of Trade in Services Beijing Software and Information Shenzhen Artificial Intelligence

Association China Remote Sensing Committee Service Industry Association Industry Association

Media

2024 Great Powers 3rd Xinhua Credit “2024 China Enterprise Corporate Social 2024 Best ListedBrand National Jinlan Cup ESG ESG100 Index” Responsibility Excellent Company BoardBrand Ceremony “Sustainable Supply Member Case “ESG Pioneer“Annual Brand” Chain” Excellent Case Case of the Era”

People’s Daily Overseas

China Central China Economic Edition China Environmental National

Television Information Service Protection Federation China National Radio Business Daily

High-Quality 2024 Xiangguang 2024 Changqing China Excellence 2024 Digital Twin

Development Benchmark Award·Annual ESG Award·Sustainable Management Solutions Provider

Enterprise Sustainable Development Company TOP50

Development TOP15 Innovation Award DeBen Consulting (DBC) Chinese

Deloitte China Harvard Academy of Social Sciences

Economic Observer Xiangguang Future China Business Review Institute of Information Research

Media Business Journal Caijing Magazine Chinese Edition (CIS) Internet Weekly (CIW)

11Sustainable Development Management

1) Assessment of Topic Materiality

Following globally recognized sustainability disclosure frameworks regulatory

guidelines issued by Chinese authorities and considering industry-specific

characteristics development stages business models and value chain positioning the

Company established a comprehensive topic list. The materiality assessment was

conducted from two dimensions: Impact Materiality and Financial Materiality. A total of 291 valid responses were collected through targeted

distribution and online public release of Glodon’s 2024 Material

Sustainability Topics Questionnaire covering six stakeholder

Impact groups: employees (46.05%) clients (16.49%) partners/suppliers

Materiality (12.85%) communities/public (12.37%) shareholders/investors (7.22%) and government/industry associations (5.15%).Assessment Impact materiality thresholds were defined through discussions with

stakeholder representatives internal expert workshops external

expert consultations reviews by the Strategy and Sustainability

Committee and final approval by the Board of Directors. Topic-owning departments conducted initial financial impact

assessments. A dedicated financial materiality workshop was organized guided

by external sustainability experts. Twenty-four department heads

Financial closely involved in sustainability topics evaluated the likelihood and

Materiality financial impact of each topic established thresholds for financial

Assessment materiality and prioritized topics. Financial materiality conclusions were validated through

stakeholder feedback internal-external expert consultations and

reviews by the Strategy and Sustainability Committee and Board of

Directors.Image: Glodon’s Financial Materiality Assessment Workshop

12After aggregating and analyzing both impact and financial materiality results the

2024 Sustainability Topic Materiality Matrix was finalized and approved by the Board

of Directors.Image: 2024 Sustainability Topic Materiality Matrix of Glodon

2) Four-Element Disclosure

1. Governance

The Company regards sustainable governance as the foundation of scientific

enterprise development. It has established a trinity sustainable development governancesystem integrating “strategic decision-making - risk management - stakeholder co-governance” while strengthening the board’s oversight and engagement in critical

sustainability issues enhancing organization-wide participation in sustainability

initiatives and fostering relevant capabilities.

(1) Upgrading corporate sustainable development governance structure

To ensure orderly implementation and continuous integration of sustainability into

business operations the Company has been optimizing its three-tier internal governance

framework comprising “decision-making - organization - execution”. At the execution

level the Sustainable Development Promotion Team has been upgraded to the

Sustainable Development Working Committee led by directors and senior vice

13presidents. This committee brings together department heads from finance legal affairs

procurement HR and other key sustainability-related departments to regularly review

sustainability impacts risks and opportunities while supervising work progress. A

dedicated secretariat with two full-time staff has been established under the committee

to coordinate ESG implementation.Glodon’s Sustainable Development Governance Structure

(2) Promoting organization-wide sustainability engagement

The Company compiled a Sustainable Development Information Disclosure

Handbook to guide systematic sustainability management. A total of 15 departments

and 23 department heads participated in ESG Risk & Opportunity Workshops led by

external experts who utilized real-case scenarios to train participants in applying

sustainability principles to problem-solving. Internal media platforms have launched

“ESG Mini-Classes” to enhance employees’ understanding and recognition of

sustainability concepts.Image: ESG Workshops Enhanced Executive & Key Department Capabilities in

Addressing Sustainability Risks/Opportunities Facilitating Business Integration.

142. Strategy

We foster the sustainability ethos within our corporate culture committed to thevision of “making every project a success and helping every practitioner haveachievements”. In alignment with the vision we unveil a sustainable development

strategy built upon the fundamental principles of Green Goodwill and Growth

encapsulated in the innovation concept of G3 (G-Cube). Through financial materiality

assessment the Company identified “Innovation-Driven Development” “Product andService Safety and Quality” and “Climate Change Response” as its 2024 financially

material topics corresponding to strategic pillars of “Optimize” “Digital” and “Low-carbon” respectively. Enhanced work deployment and resource allocation were

prioritized alongside targeted management improvement initiatives.

153. Impact Risk & Opportunity Management

Leveraging its sustainable development governance structure the Company

implements impact/risk/opportunity management under board oversight guidance from

the Strategy & Sustainability Committee and leadership of the Sustainable

Development Working Committee. This systematic approach ensures continuous

monitoring and proactive responses to priority risks/opportunities safeguarding high-

quality development.Information Collection We systematically collect/analyze internal/external information affecting sustainability from all aspects

& Identification to identify risks/opportunities. We develop risk/opportunity inventories establish

Assessment evaluation criteria and conduct analysis and assessment to prioritize key control risks and top

opportunities.Response We formulate response strategies based on existing management systems and activities.Monitoring & Early We continuously monitor risks/opportunities with

Warning real-time alerts for changes. We regularly publish ESG reports disclosing

management progress and outcomes of

Reporting sustainability impact/risks/opportunities to

stakeholders.

4. Goals & Indicators

The Company advances its sustainability strategy through the ESG Indicator

System setting targets aligned with financially material topics to optimize management

achieve targets and drive value creation for the economy society and environment.Financially Goals and Indicators

Material Topics

Significantly invest in R&D to enhance control over core

Innovation-Driven technologies

Development Expand reach of proprietary technologies utilizing data

governance to promote broader social progress

Product/Service Achieve zero major business disruptions annually

Safety & Quality Ensure data/privacy security with zero leakage incidents

16 Optimize customer service experiences and assist

customers’ business aiming to increase project profits

by 30% YoY by 2025

Promote green buildings to create healthy living

environments

Develop smart ecological products for ecological

restoration/biodiversity protection

Climate Change Proactively address climate change by promoting carbon

Response reduction across our operations and the entire

construction industry value chain. Achieve accurate

carbon emission measurement by 2025 reduce carbon

emissions in benchmark projects by 50% compared to

industry peers

173) Stakeholder Engagement

Valuing insights from both internal and external stakeholders we identify six

stakeholder types in accordance with the AA1000 Stakeholder Engagement Standard

(2015): government/regulatory bodies shareholders/investors customers

partners/suppliers employees and the community/public. We connect with these

groups to quickly grasp their expectations integrate their feedback address their

concerns and enhance their active engagement so as to nurture a harmonious

environment that supports sustainable development both inside and beyond our

company.Stakeholder Expectations and Demands Our Response

Compliance with laws and

Government/ regulations Enhance corporate governance

Regulatory Implementation of national implement internal control compliance

Bodies strategies Implement national policies

/Industry Job creation Create jobs and specific training

Associations Technological innovation Invest in technological innovation

Energy conservation and Practice low-carbon operations

emission reduction

Legal compliance Strengthen the compliance system

Shareholders Reduced operational risks Regularly disclose information

/Investors Enhanced company market Maintain frequent communication and

value exchanges

Product quality assurance

Customers Service quality guarantee

Innovate and iterate products

Sustainable win-win Improve customer service systems

cooperation Conduct customer satisfaction surveys

Enhance collaboration with

Partners Win-win cooperation

government academic and research

institutions

/Suppliers Fairness and openness

Compliance with agreements Actively engage in external exchanges and dialogues

Strengthen business ethics management

Improve compensation structures and

Protection of employee rights democratic management mechanisms

Occupational health and Provide a good working environment

Employees safety Offer professional training and

Career development promotion opportunities

Employee care Enhance welfare systems and organize

diverse activities

Support for community Support the economic and social

Community development development of operational locations

/Public Volunteering and charity Organize and participate in volunteer work and charitable activities

Employment opportunities Offer employment and skill training

18Ensuring Healthy Operations

Building a modern governance foundation to lead standardized industry development. Glodon actively

establishes a robust corporate governance system based on sustainable development principles continuously

improving governance structures standardizing decision-making processes and promoting the modernization of

governance systems and capabilities. We prioritize compliance and ethical operations to safeguard steady

development driving industry integrity and healthy growth with a strong sense of responsibility and mission.Maintaining strategic focus we steadily advance the Company’s sustainable development journey.In 2024，

18.75%

female representation on the Board

of Directors Supervisory Board and

senior management team

100%

supplier integrity pledge

signing rate

195

compliance training

sessions conducted

1446

employees trained on

antitrust regulations

Sustainable Development Goals

GOVERNANCE1) Enhancing Corporate Governance

Glodon is committed to refining governance structures in alignment with

international business ethics frameworks and legal requirements of both home and host

countries. By continuously upgrading governance mechanisms we ensure coordinated

collaboration among governance bodies while enhancing operational efficiency and

standardization. In information disclosure we prioritize transparency accuracy and

timeliness to protect investors’ rights and interests while building a strong foundation

for long-term capital market development.

1. Standardizing Governance Body Operations

The company adheres to the principles of well-structured governance

complementary expertise and exceptional capabilities prioritizing board effectiveness

to meticulously cultivate a diverse leadership team while actively creating expansive

career development opportunities for female executives to empower their professional

growth. By the end of 2024 our Board of Directors Supervisory Board and senior

management team comprised 16 members including 3 women (18.75%). The Board

structure balances career backgrounds industry experience and age diversity with one-

third each from the construction digital economy HR and finance sectors. Their

abundant knowledge collective expertise and competence drives strategic decision-

making for stable and long-term growth.The Company has established a scientific and standardized system for the

operation of the three governance bodies.The general meeting of shareholders serves as the highest governance body with

the Company convening regular and extraordinary general meetings of shareholders on

a periodic basis. Glodon actively creates conditions to facilitate the participation of

small and medium-sized shareholders introduces online voting methods and

effectively enhances shareholder engagement.The board of directors has established four specialized committees: nomination

compensation and appraisal strategy and sustainable development and audit. Each

committee has clear responsibilities and works in synergy to provide professional

support for the board’s decision-making effectively promoting the improvement of

corporate governance. The Company’s compensation and performance appraisal

system for directors and senior executives fully balances various factors demonstrating

its responsibility to shareholders and society.

20The board of supervisors consists of three supervisors responsible for reviewing

the Company’s periodic reports prepared by the board of directors supervising their

performance and senior management in their official duties and regularly inspecting

the Company’s financial status to review the authenticity accuracy and completeness

of financial reports safeguarding the legitimate rights and interests of the Company and

all shareholders.Corporate Governance Structure of Glodon

In 2024

9 board members including 3 independent directors with an average tenure of

6.97 years

3 supervisory board members including 2 female supervisors with an average

tenure of 4.7 years

7 senior management members including 1 female executive with an average

tenure of 4.87 years

Independent directors account for 33% of the board of directors and 67% of the

audit committee nomination committee and compensation and appraisal

committee

In 2024

Convened 4 general meetings of shareholders and extraordinary general

meetings reviewing 16 proposals

Convened 9 board meetings reviewing 44 proposals with 100% attendance by

board members

Convened 6 supervisory board meetings reviewing 13 proposals with 100%

attendance by supervisory board members

Convened 2 strategy and sustainable development committee meetings 2

nomination committee meetings 2 compensation and appraisal committee

meetings and 6 audit committee meetings

212. Enhancing Information Disclosure Quality

Glodon clarifies the responsibilities of the board of directors management and

relevant responsible parties regularly conducts compliance training on information

disclosure and utilizes a risk early warning system to conduct routine reviews of

information disclosure for compliance.We prioritize investor engagement leveraging the stock exchange’s interactive

platform to maintain real-time communication and promptly address inquiries

grievances and feedback. Dedicated communication channels including phone lines

fax and email are staffed around the clock to ensure seamless connectivity. To foster

transparency and trust we regularly host investor and analyst site visits along with

proactive briefings on financial performance dividend policies and strategic updates.These initiatives provide comprehensive insights into our operations enabling us to

attentively listen to investor perspectives and reinforce confidence in our long-term

growth trajectory thereby supporting our steady advancement in capital markets.In 2024

Disclosed 4 periodic reports and 134 interim reports

Organized 5 investor briefings

Received over 1000 investors

Achieved a 100% response rate on the stock exchange’s interactive platform

3. Strengthening Risk Control Systems

Glodon strives to build a resilient risk management framework. Systemically we

adhere to listed company internal control standards optimize resource deployment and

implement a three-tier risk governance structure with layered defense mechanisms to

bolster risk mitigation capabilities. Operationally we maintain an exhaustive risk

inventory clearly delineate accountability employ scientific methodologies for risk

assessment and formulate tailored response strategies embedding risk oversight into

every facet of our business. Continuous improvement is ensured through periodic

reviews of our risk protocols to sustain their relevance and efficacy with iterative

refinements based on evolving circumstances.Our international risk preparedness is further fortified through enhanced oversight

of overseas investments. This includes rigorous due diligence for outbound projects and

refined post-investment oversight. We put the Subsidiary Management System in place

to strengthen internal controls and risk governance across our global subsidiaries. We

prioritize comprehensive training on local regulatory environments and international

22compliance standards ensuring strict adherence to host country corporate governance

norms. These measures collectively elevate our cross-border operational resilience.Three Lines of Defense for Risk Prevention and Control in Glodon

[First line of Responsible for identifying assessing responding to

defense] monitoring and reporting risks at the front end of the

business unit business

[Second line of Check and confirm the authenticity completeness and

defense] accuracy of transactions from a risk-control perspective and provide guidance on the design establishment

Compliance

function implementation and monitoring of internal system risk-controls.[Third line of Provide independent oversight of the Company’s

defense] management systems processes and control procedures

audit function and activities for each risk

Glodon Risk Prevention and Control Flow

Conduct a thorough review of risks at both corporate and

Establishment operational levels including organizational structure

of a risk strategic development internal governance and tax

checklist compliance to establish a risk checklist

Maintain an up-to-date risk checklist to ensure timely and

accurate risk profiling

Each department systematically gathers and analyzes internal

Identify and and external data impacting business objectives proactively

analyze risks identifying categorizing and flagging potential risks. Prioritize risks through ranking or quantitative analysis to

determine control focus areas and mitigation priorities

Evaluate risk-reward trade-offs to select optimal

management strategies considering risk drivers and our risk

Sound control

measures tolerance level

Formulate response strategies and control measures aligned

with existing frameworks to address identified risks

Strengthening Monitor across all functions to ensure timely alerts for

early warning material risk changes enabling proactive management

reporting adjustments.

232) Upholding Business Ethics

We place great emphasis on business ethics and reputation. Grounded in laws and

regulations we resolutely oppose and crack down on monopolistic and unfair

competition practices upholding a fair and competitive market environment while

safeguarding the Company’s and stakeholders’ legitimate rights and interests. We

continue to advance our efforts against commercial bribery and corruption fostering a

corporate culture of integrity and transparency and cultivating a development

atmosphere characterized by openness and honesty.

1. Anti-Monopoly Measures

The Company has refined its organizational structure and institutional system for

anti-monopoly compliance management. In 2024 we established the Anti-Monopoly

Compliance Management Committee appointed a Chief Compliance Officer and set

up the Anti-Monopoly Compliance Office. We also revised the Anti-Monopoly

Compliance Guidelines into the Anti-Monopoly Compliance Management System.Glodon’s Anti-Monopoly Compliance Management Organizational Structure

Glodon has implemented anti-monopoly compliance constraints and measures

throughout the business processes. During the pricing and sales strategy formulation

stage we have added a compliance review procedure prior to finalization. In the price

transmission phase we have developed and distributed compliance promotional

materials to strictly regulate frontline business practices. In the offline quotation process

we have made public the prices of individual products on its official website promoted

24compliant quotation models and piloted an online quotation model. Quotation contents

and prices are first confirmed and recorded by customers before orders are generated

ensuring customers’ right to know about product contents and prices. In the online sales

process we have added adjustment paths and prompt contents for renewal products to

fully protect small and medium-sized customers’ rights to independently adjust their

products. We have also added a secondary channel for customers to contact the

Company in its quotations to ensure that customer feedback is genuine and effectively

communicated upwards.We have implemented anti-monopoly compliance measures and reviewed their

effectiveness. We have selected pilot business departments and at the first level

focused on conducting spot checks and sampling inspections from the customer and

sales sides to assess business compliance in areas such as price transmission quotation

and services. At the second level the Anti-Monopoly Compliance Office has reviewed

and inspected the effectiveness of business implementation based on the results of spot

checks internal complaint records and external industrial and commercial complaint

data identifying gaps and continuously strengthening implementation capabilities in

weak areas.Glodon has emphasized strengthening guidance on anti-monopoly compliance

awareness. We organized compliance training for key personnel in relevant business

lines covering three major customer groups five major business units and the

marketing service sector with a total of 1446 participants. We invited renowned experts

and scholars as well as senior legal counsel to teach anti-monopoly compliance

knowledge with senior leaders of the group taking the lead in participating in training.We organized two centralized anti-monopoly compliance training assessments with a

participation rate of 97% and a passing rate of 96%. We gradually promoted the signing

of the Anti-Monopoly Compliance Commitment by senior management anti-monopoly

compliance management personnel personnel responsible for the Company’s product

pricing and sales policies distributor management personnel bidding staff business

leaders and sales personnel.In 2024

Anti-monopoly training covered a total of 1446 individuals.As of the end of 2024

293 individuals had signed the Anti-Monopoly Compliance Commitment.

25Anti-Monopoly Reporting Channels

Dedicated consultation and reporting hotline: 010-56402233

Dedicated consultation and reporting email: fldhg@Glodon.com

2. Anti-Unfair Competition Measures

The Company has adopted multiple internal measures to carry out anti-unfair

competition compliance initiatives. It has formulated the Brand and Brand Application

Behavior Management System prohibiting any employee from disseminating false

information related to the Company and eliminating defamation and slander against the

Company and any other business entities to safeguard brand reputation. It has also

formulated the Internal Data Sharing and Data Access Management Measures revised

the External Information Release Management System prohibited the leakage

dissemination and theft of the Company’s confidential information trade secrets and

technical secrets effectively preventing unfair competition risks and maintaining a

healthy and transparent business environment.The Company has proactively identified and responded to external competition

risks and resolutely safeguarded its own rights and interests. It has established a specialrights protection team shifting its approach from “cracking down on infringementchannels” to “cracking down on technological crackers” for trademark infringements.It has actively assisted administrative law enforcement agencies and judicial organs in

cracking down on counterfeit infringements and shaping a lawful and compliant

business environment.In 2024

Conducted 4 anti-unfair competition training sessions. 200 participants attended anti-unfair competition training.Image: Glodon Conducted Anti-Unfair Competition Training

263. Upholding Internal Control and Compliance

Glodon adheres to a law-based governance strategy ensuring strict compliance

with national laws and regulations while conducting comprehensive legal education

programs for all employees. This integrates compliance into every operational layer

with particular emphasis on implementing fiscal and taxation policy requirements

diligent tax obligation fulfillment and safeguarding financial integrity.Glodon continues to improve its internal audit mechanisms by introducing theAudit and Supervision Management System. It adopts an audit model of “data analysis- anomaly identification - risk prediction - anomaly specification - on-site audit -evidence solidification” enhancing the application of digital risk analysis models in

special audit projects. This approach achieves comprehensive internal control audit

coverage across multiple businesses and value chains focusing on core areas such as

business units customer groups product lines and functions. Through pre-project

internal control evaluation and consensus-building sessions the Company strengthens

the empowerment of internal control management for business operations. Additionally

we have added online notification features and improved rectification inspection

mechanisms to build a closed-loop work process of “objective - risk - control.”

Glodon deepens internal control management by establishing specialized

committees based on operational needs including the Integrated Portfolio Management

Team (IPMT) Marketing Committee Process Digitization Committee Procurement

Committee and Anti-Corruption Compliance Committee to oversee compliance

efforts. We further strengthen internal control knowledge among organizational leaders

enhancing their risk awareness and management capabilities. The release of the Internal

Control Evaluation Management System and pilot self-assessment projects for business

units have enabled iterative updates of internal control audit methodologies practical

operation manuals rectification workflows internal control maturity evaluation models

and business self-assessment methodologies. These measures effectively safeguard

operational compliance and asset security promoting the management objectives of

“strengthening internal control preventing risks and promoting compliance.”

In 2024

Over 5000 participants in legal training

Legitimacy review of 142 regulations systems and documents

Legitimacy review of over 3000 contracts

Audit recoveries exceeding 10 million yuan

No major litigation arbitration or other risk events

274. Anti-Commercial Bribery and Anti-Corruption

Glodon has formulated strict anti-commercial bribery and anti-corruption policies

explicitly prohibiting any form of bribery fraud and other illegal activities. By

establishing the Conflict of Interest Declaration System the Violation Accountability

and Exemption Management Measures and revising the Cadre Accountability System

we improve our internal restraint and supervision mechanisms.We enhance the integrity awareness and compliance capabilities of all employees.We have conducted internal integrity training sessions for over 200 employees involved

in procurement activities and over 100 employees in sales detailing illegal activities in

procurement and sales processes. We also strengthen anti-corruption warning education

and training for directors senior executives and middle managers guiding them to

establish correct values and views on power.Glodon adheres to transparent and clean procurement practices strengthening

contract signing requirements by adding “anti-commercial bribery” clauses and setting

penalties for violations. It has held special integrity training sessions for suppliers

introducing requirements for external partners’ integrity and self-discipline and

promoting the Supplier Management System. Suppliers are required to sign the Supplier

Integrity Commitment and Declaration of No Conflict of Interest setting a positive

example for the industry’s healthy development.Glodon has established a dedicated whistleblowing channel with a specialized

team for handling reports and protecting whistleblowers ensuring that all stakeholders

can safely report potential misconduct.In 2024

650 Anti-Commercial Bribery Commitment Letters signed

3 anti-commercial bribery training sessions conducted

13 reports of dishonesty and corruption received

100% follow-up rate on reported cases

100% satisfaction rate with case handling

Over 10 million yuan recovered through anti-corruption efforts

28Anti-Corruption Whistleblowing Channels

Website Reporting

Glodon Official Website - Glodon Sunshine Integrity Platform (Website:

yglz.Glodon.com) - Integrity Reporting Column

Letter Reporting

Address: Building 13 Glodon Information Building East Zone No. 10 Yard

Northwest Wangdong Road Haidian District Beijing China

Recipient: Glodon Audit and Supervision Department

Zip Code: 100193

Email and Telephone Reporting

Email: jubao@Glodon.com

Contact Number: 010-56403197

Other Reporting Channels

Enterprise WeChat - Workbench - Office Assistant - Integrity Reporting

Digital Office Platform - Sunshine Integrity Platform - Integrity Reporting Column

Whistleblower Protection

The Company strictly prohibits the disclosure of any whistleblower information

manages reporting channels through dedicated lines and restricts access to

authorized personnel within the Audit and Supervision Department. All

whistleblowing case files are uniformly archived and classified as top-secret.

29Low-Carbon Development

Addressing Climate Change and Redefining Green Construction Paradigms. Glodon is committed to a

low-carbon development path actively implementing energy conservation emission reduction and carbon

mitigation initiatives. The company strengthens environmental management to minimize greenhouse gas

emissions and other environmental impacts in daily operations reducing its carbon footprint. Through

relentless technological advancements and product innovation Glodon empowers green buildings

sustainable supply chains and ecological governance.In 2024

Environmental protection investment:

148800 RMB

Electronic seal system reduced

paper mailings by

57551 documents

Glodon Carbon Factor

Database compiled

8000 carbon factor

entries for building materials

Sustainable Development Goals

LOW-CARBON1) Upholding Low-Carbon Operations

The Company proactively aligns with international frameworks such as the Paris

Climate Agreement the 2030 Agenda for Sustainable Development and the United

Nations Framework Convention on Climate Change (UNFCCC). It reinforces carbon

footprint management through categorized governance of greenhouse gas emissions

and energy monitoring measures to cut carbon emissions at the source. Meanwhile

Glodon drives climate-resilient transformations in its strategies and business models

enhancing overall climate adaptability and contributing to global sustainability efforts.

1. Climate Action Implementation

Following the Task Force on Climate-related Financial Disclosures (TCFD)

guidelines Glodon conducts comprehensive climate-related work. We optimize

governance structures for strategic planning analyze impacts risks and opportunities

and conduct targeted indicator and goal assessments. Through systematic approaches

we advance climate-related financial impact evaluations and adaptability analyses. We

identify carbon emission sources implement categorized greenhouse gas management

and reduce our carbon footprint. Glodon continues to increase R&D investments in low-

carbon products and services leverages digital solutions to empower industry-wide

carbon reduction and contributes to global climate mitigation efforts.Identifying Glodon’s Carbon Emission Sources

GHG Emission Scope Source Scenario

Mobile combustion Company vehicles using fuel

Scope 1

Stationary combustion Cafeteria areas

Purchased electricity Electricity used in office

Scope 2 spaces

Purchased heat/cooling Supply of heat/cooling

Emissions from employee

commuting

Emissions from business

travel

Scope 3 Upstream and downstream along the supply chain Emissions from logistics and

supply activities

Emissions from the

procurement of purchased

goods

31Glodon’s Carbon Emissions in 2024

Emissions Regions Beijing Xi’an Shanghai

Scope 1 Carbon Emissions (tCO2) by Region 133.49 97.13 3.79

Scope 1 Carbon Emissions (tCO2) 234.41

Scope 2 Carbon Emissions (tCO2) by Region 4321.45 4547.14 1213.22

Scope 2 Carbon Emissions (tCO2) 10081.81

Scope 3 Carbon Emissions2 (tCO2) by Region 8.70 9.81 0.84

Scope 3 Carbon Emissions (tCO2) 19.35

Total Scope 1 and 2 Emissions (tCO2) 10316.22

Carbon Intensity (t/million yuan) 1.66

Glodon’s 2024 Carbon Emission Factor Statement

1. Electricity CO Emission Factor

Adopted factor: 0.5366 kg CO/kWh (based on the 2022 power sector CO emission

factor published by the Ministry of Ecology and Environment and the National Bureau of

Statistics in 2024).

2. Natural Gas CO Emission Factor

Adopted factor: 2.16 kg CO/m3.Calculation formula: Natural Gas CO Emission Factor = (Natural gas calorific value-

based CO emission factor: 55.54 tCO/TJ) × (Natural gas lower heating value: 389.310

GJ/10000 Nm3) = 2.16 kg CO/m3

(Source: Building Carbon Emission Calculation Standard GB/T51366-2019; Greenhouse

Gas Emission Accounting & Reporting Guidelines for Chinese Iron & Steel Producers

(Trial)).

3. Gasoline CO Emission Factor

Adopted factor: 2.92 kg CO/kg.Calculation formula: Gasoline CO Emission Factor = (Gasoline calorific value-based

CO emission factor: 67.91 tCO/TJ) × (Gasoline lower heating value: 43.07 GJ/t) = 2.92

kg CO/kg

(Source: Building Carbon Emission Calculation Standard GB/T51366-2019;

Greenhouse Gas Emission Accounting & Reporting Guidelines for Chinese Iron & Steel

Producers (Trial)).

4. Tap Water CO Emission Factor

Adopted factor: 0.168 kg CO/t (Building Carbon Emission Calculation Standard

GB/T51366-2019).

5. Purchased Heat CO Emission Factor

Adopted factor: 0.11 tCO/GJ (Greenhouse Gas Emission Accounting & Reporting

Guidelines for Industrial Enterprises (Trial)).

32(1) Climate Adaptability Analysis

The Company has established a systematic climate-related financial impact

assessment process to identify and analyze climate-related risks and opportunities. Led

by the Finance Management Center a cross-functional team evaluates financial impacts

based on defined materiality thresholds. Quantitative assessments are conducted to

evaluate climate adaptability across dimensions including low-carbon policy transitions

low-carbon technologies and extreme weather events focusing on their likelihood

intensity trends and impact pathways.Climate Risk Analysis

Risk Type Risk Description Mitigation Measures

Pressures from

international/d

omestic policy Strengthen carbon footprint

Policy & regulations;

management; implement categorized

Regulatory carbon price

GHG management to reduce

increases emissions

stricter carbon Regularly disclose climate-related

reporting information

requirements

Intensified Integrate new technologies with Transition

competition construction industry needs to develop Risks Low-Carbon competitive solutions

Technology under low- carbon Enhance differentiated

transition competitiveness (e.g. customized solutions)

Reputation Increase transparency of climate

damage from actions and progress

Reputation perceived Develop low-carbon demonstration

inadequate projects host forums join initiatives

climate action and participate in standard-setting

Natural

disasters Factor climate impacts into data center

(typhoons site selection

Acute storms floods Upgrade equipment energy efficiency

droughts) and and adopt energy-saving technologies Physical extreme Build and maintain extreme weather

Risks temperatures resilience infrastructure

Sea-level rise Factor climate impacts into

Chronic prolonged high

operational site selection

temperatures Strengthen supplier management and diversify supply chains

33Climate Opportunity Analysis

Opportunity

Type Opportunity Description

Action Plan

Opportunities arising from

changes in the regulatory Expand service scope accelerate

environment such as policies international market penetration

Market and regulations related to and provide digital low-carbon

Opportunities climate factors driving the solutions and support the low-

low-carbon transformation of carbon digital transformation of

the construction industry in industries

various countries. Developing new technologies and

products that meet the market’s

The market may tend to low-carbon transformation needs

choose low-carbon products such as expanding the low-carbon

and services such as the product matrix around the

Product & increased demand in the building life cycle

Service industry for carbon Innovative products or services

accounting throughout the that support the transition to a

building life cycle and low- low-carbon economy (e.g. green

carbon design tools. building materials platforms new

energy construction solutions

green building services etc.)

Opportunities brought about Assist upstream and downstream

by the advancement of partners in strengthening supply

climate change actions the chain resilience and achieving

Resource Company’s supply chain green traceability for key building

resilience and the materials (such as steel and Efficiency

improvement of design concrete).efficiency driven by BIM Advance technologies and

technology. promote a resource recycling ecosystem. As an industry leader and Continuous technology output

ESG pioneer contributing and ecosystem co-construction

wisdom to the digital participating in the formulation of

transformation of the relevant standards and policies.construction industry and The positive impact on the

Influence & gaining advantages in green Company’s reputation from

Reputation financing and cooperation. actively responding to climate

Opportunities arising from change may lead to an increase in

the increasing attention of market share in emerging

stakeholders to climate markets.change.

34(2) Greenhouse Gas Emissions Management

Glodon continues to strengthen its greenhouse gas emissions management

committed to achieving low-carbon development in its own operations. By identifying

and categorizing carbon emission sources Glodon gradually reduces its carbon

footprint. Glodon monitors Scope 1 greenhouse gas emissions. In terms of mobile

combustion it enhances fuel consumption statistics for company vehicles optimizes

driving routes for fuel-consuming vehicles and conducts regular maintenance to ensure

vehicles operate efficiently. In fixed combustion Glodon uses clean and renewable

energy sources such as natural gas and electricity and equips energy-efficient stoves to

improve energy efficiency. In fugitive emissions Glodon selects eco-friendly

refrigerants and strengthens air conditioning maintenance and inspection to prevent

refrigerant leaks.Glodon promotes Scope 3 emission reductions by optimizing supply chain

management and actively taking actions to achieve value chain emission reductions. In

business travel Glodon implements digital online process approvals online meetings

online registration systems and email communications to reduce travel. Within

reasonable limits the Company encourages employees to prioritize more low-carbon

and environmentally friendly public transportation options. In employee commuting

we practice green transportation concepts encourage employees to use public

transportation and operate eight employee shuttle buses that are all new energy vehicles.We rationally plan parking lots increase charging station spaces and encourage

employees to use new energy vehicles to reduce transportation carbon emissions. As of

the end of 2024 100 electric vehicle charging stations have been installed. Glodon

prioritizes logistics suppliers that practice low-carbon concepts set carbon reduction

targets and take positive actions. The electronic contracting platform reduces

greenhouse gas emissions in the contract courier and mailing process. In 2024 the

electronic seal system reduced document mailings by 57551 copies. In procurement

Glodon prioritizes products and services from suppliers with low carbon footprints and

conducts environmental assessments on manufacturing suppliers.Case: Hosting “Energy Conservation and Consumption Reduction Season”

Activities to Reduce Employee Carbon Footprints

In the third quarter of 2024 Glodon Shanghai Building launched an online

Energy Conservation Season interactive activity. Through online energy

conservation knowledge quizzes weekly Friday computer shutdown check-ins and

low-carbon lifestyle sharing it raised employees’ awareness of energy conservation

35and consumption reduction encouraged their daily low-carbon practices and

transformed short-term advocacy into long-term practice for a green future.Image: Glodon’s series of fun activities create a green and low-carbon office

atmosphere

(3) Low-Carbon Products and Services

The Company leverages its technological advantages in the digital field integrates

low-carbon development concepts into its products and services around the entire life

cycle of the construction industry increases low-carbon technology research and

development and creates carbon emission measurement cloud platforms (Glodon

Carbon Cloud) and other carbon reduction solutions to promote deep carbon reduction

in construction enterprises. We build a carbon factor library for the Chinese construction

sector help construction enterprises achieve low-carbon transformation and drive

green and sustainable development across the entire industry chain. In 2024 GlodonCarbon Cloud supported the successful hosting of two competitions: the “2024 WorldVocational Colleges Skills Competition” and the “11th International University BIMGraduation Design Innovation Competition - BIM Building Carbon EmissionCalculation and Carbon Reduction Design Module Task Guidelines.” As of the end of

2024 Glodon Carbon Cloud has served over 300 projects and over 1000 users and the

carbon factor library has included 8000 carbon factors of building materials.

(4) Support green development initiatives

As the initiator of the Zhongguancun Digital Construction Green Development

Alliance the company has long served as the chairman unit and secretariat unit of the

alliance actively building an industrial ecosystem for the green development of digital

construction promoting cooperation among alliance members and forming a mutually

beneficial and win-win cooperation model. In 2024 Guanglianda supported the alliance

in developing the Building Engineering Information Modeling Data Exchange

Standard and hosting the Third China Real Estate Low-Carbon Digital Innovation

Summit enhancing the low-carbon competitiveness and sustainable development

capabilities of the entire industry.

36The company is committed to cultivating green development talent and providing

college students with public support in green skills and career development. In 2024

the company welcomed a team of students from the New Green Plan Youth Talent

Cultivation Program.

2. Energy Utilization

The Company adheres to a green operation concept strengthens energy

management and continuously improves energy use efficiency. The primary energy

source used by the Company is electricity and it continues to increase the proportion

of clean energy use by installing rooftop photovoltaic power generation devices solar

water heating rooms and noise-reducing sunshade systems. The self-built self-

operated and self-used Glodon Xi’an R&D Center Building has been in stable

operation for 2 years and has successfully passed the international LEED Gold and the

WELL Platinum Certification.The Company adheres to the overall energy consumption management goal of

“balancing quality with energy” meets employees’ spatial needs for different seasons

and environments and promotes energy consumption management goals through daily

energy consumption control. It comprehensively promotes office electricity and air

conditioning control formulates energy-saving strategies clarifies office computer

energy-saving control plans and expands energy-saving management space. It adopts

elevator intelligent systems to optimize elevator operation modes and car air

conditioning temperature settings reducing elevator operation energy consumption and

air conditioning energy consumption. The Glodon Xi’an R&D Center building

optimizes its energy management system analyzes gaps between energy consumption

management and goals and formulates action plans and solutions. In 2024 through

refined control of air conditioning operations the air conditioning energy consumption

costs of Glodon Guangzhou Building decreased month by month with a 48% decrease

in air conditioning electricity consumption in October compared to July. The Glodon

Shanghai Building achieved a 16.37% year-on-year decrease in new energy air

conditioning electricity consumption and a 13.3% year-on-year savings in VRV air

conditioning electricity consumption.The Company deeply practices energy conservation and consumption reduction

actions builds a private cloud platform migrates data resources to container clouds

and improves energy utilization by 5%. It adopts high-efficiency energy-saving LED

lighting fixtures and sets automatic screen sleep modes in conference rooms. It

advocates turning off computers after work uses building automation systems (BA) for

centralized control and timed switching of public area lighting in towers and posts

37energy-saving signs transitioning from calling for energy conservation to guiding all

employees to actively participate in energy conservation creating an energy-saving

awareness and all-employee participation energy-saving atmosphere. In 2024 the

Glodon Xi’an R&D Center building voluntarily reported the suspension of heating in

vacant floors saving 8850.4 square meters of heating heat.Energy Usage of Glodon in 2024 (Unit: tce)

Usage Region Beijing Xi’an Shanghai

Total Direct Energy Consumption 79.85 59.81 2.09

Total Indirect Energy Consumption 990.44 1127.65 297.31

Total Energy Consumption 2557.15

Glodon’s Energy-Saving Goals and Achievements in 2024

Goals and Progress Region Beijing Xi’an Shanghai

Energy-Saving Target (tce) 4 Unset1 13

Energy Saved (tce) 4.4 / 15

Energy-Saving Target Achievement Rate (%) 110% / 115%

Case: Energy-Efficient Renovation of Old Server Room

In May 2024 Glodon carried out a special energy-saving renovation for the 14

old air-conditioning systems in the Phase II server room in Beijing which had poor

cooling effects. By replacing the old air-conditioning equipment with high-efficiency

energy-saving air-conditioning systems and equipping them with intelligent control

modules to achieve dynamic load regulation; optimizing the airflow organization

design in the server room to reduce the mixing of hot and cold air and improve

cooling efficiency; upgrading the dynamic environmental monitoring system in the

server room for real-time monitoring and data analysis of equipment to optimize

operating parameters and reduce energy consumption. After the system renovation

the monthly electricity savings were 35000 to 40000 kWh and the overall energy

efficiency was improved by approximately 30%; the equipment failure rate was

reduced by 10% and the overall system safety and reliability were enhanced.Image: Comparison of Electricity Usage Before and After Server Room

Energy-Saving Renovation

1 As the company's business expandsnew servers are continuously being added to the data center of Glodon Xi'an

Building.The existing estimation methods struggle to accurately predict energy-saving targets.Considering only the electricity

consumption for daily office operationsthe energy use in Glodon Xi'an Building decreased by 9%in 2024 compared to 2023.

382) Management of Environmental Impact

Glodon strictly adheres to international environmental regulations such as the

World Environmental Convention and complies with local laws in its operating regions.It has established an environmental management system in line with the ISO 14001

standard regularly updating relevant documents to reflect changes in internal and

external circumstances. The Company has also set up a comprehensive waste

management system improved its environmental risk assessment system and

developed emergency plans for sudden environmental incidents to effectively mitigate

environmental risks. Glodon promotes cleaner production encourages resource-saving

initiatives supports the circular economy and reduces the environmental impact of its

daily operations.The Company belongs to the software and information technology services

industry and its production and operation activities as well as those of its controlling

subsidiaries have not had a significant impact on ecosystems and biodiversity. During

the reporting period the Company did not experience any major sudden environmental

incidents and was not penalized for environmental issues.

1. Waste Management

The Company strictly adheres to local waste management laws and regulations

establishing a robust waste management system. It continuously enhances its waste

classification and recycling systems standardizes waste treatment processes and

ensures compliance to minimize environmental pollution and create a greener cleaner

and tidier workplace. The Company also sets clear waste reduction targets promotes

waste reduction at the source and improves resource utilization to decrease waste

generation during production and operations.The waste generated by the Company’s daily operations is categorized into

harmless waste and hazardous waste. Harmless waste includes domestic waste kitchen

waste waste paper plastics and metals. Hazardous waste consists of scrapped

electronic components equipment ink cartridges fluorescent tubes exposed circuit

boards batteries and other such items from office business and server room premises.The Company strictly enforces waste classification and treatment. Domestic waste is

sorted and transported to locations designated by the environmental sanitation

department. Kitchen waste is recycled and treated by qualified units. Construction

waste is promptly cleaned up and properly disposed of by the construction party.Confidential documents are destroyed in an environmentally friendly manner.

39Hazardous waste is classified and stored in warehouses that meet pollution control

standards with clear warning signs. In line with the Company’s fixed asset retirement

policies qualified waste recyclers certified by the environmental protection department

are selected for disposal. Recycling records and filings are maintained to ensure

compliant waste disposal.Glodon’s Waste Emission in 2024

Harmless Waste Emission Target t 1600.00

Harmless Waste Emission t 1271.52

Harmless Waste Emission Intensity t/million yuan 0.21

Hazardous Waste Emission Target t 0.60

Hazardous Waste Emission t 0.41

Hazardous Waste Emission

Intensity t/billion yuan 0.0066

Image: Garbage Classification and Disposal

Case: Promotion of E-Invoices to Reduce Waste Emission

In 2024 Glodon promoted digital e-invoices and implemented financial

sharing. By unifying financial accounting rules and processes and innovatively

applying technologies such as OCR it achieved a ticketless rate of 58%-60%. The

financial sharing reform not only improved the efficiency of invoice management

and financial processing but also reduced waste emissions caused by paper invoices

and lowered energy consumption and carbon emissions during the printing storage

and transportation of paper invoices.

402. Water Resource Utilization

The Company is dedicated to efficiently using and protecting water resources. It

enhances water resource management sets water-saving targets optimizes water

resource allocation explores new water-saving technologies and models boosts water

resource efficiency and eases urban water pressure.The Company’s water supply comes entirely from municipal sources which are

fully compliant with applicable regulations. Building sewage and wastewater are

discharged into municipal pipelines in accordance with national and local laws. The

Glodon Xi’an R&D Center building and Guangzhou Building feature a “sponge city”

design to collect and reuse rainwater greywater tailwater and condensate water

reducing reliance on freshwater resources. Collected rainwater is treated for use in

irrigation and landscape fountains. During cooler periods sprinkler irrigation is used

for landscaping and natural rainfall is integrated into the irrigation plan to boost

efficiency. The Company has optimized its intelligent water-saving system adopted

water-saving equipment and enhanced regular maintenance and inspection of water-

using equipment to prevent leaks and drips. Water pressure and flow rates are set

appropriately to minimize faucet splash waste. Additionally the Company is committed

to raising employee awareness of water conservation. It posts “Save Water” reminders

ensures that water is turned off in the canteen when not in use and prohibits continuous

water flow.Glodon’s Water Resource Utilization in 2024

Total Water Resource Consumption Cubic Meter 115187

Water Resource Consumption Intensity t/million yuan 18.57

3. Circular Economy

The Company promotes the development of the circular economy adheres to the

principles of “reduction reuse and recycling” and improves resource utilization

efficiency by institutionalizing the saving of material resources and reducing resource

consumption and waste. It explores diversified ways of resource recycling and reuse

promotes the efficient transformation of recyclable waste.The Company prioritizes resource efficiency by integrating environmental

protection and recyclable packaging criteria into procurement evaluations for select

materials. It minimizes disposable packaging use and employs eco-friendly materials

for seasonal gift boxes to boost recycling rates. To advance paperless operations digital

systems are implemented for approvals meeting reservations and communications

alongside mandatory double-sided printing for informal documents. It promotes

41resource recycling by establishing an office supplies recycling mechanism. Reusable

items like ink cartridges toner cartridges and folders are uniformly recycled repaired

and redistributed. Low-load machines are integrated and recycled boosting the

resource utilization rate of private cloud machines by 10%. The Company collaborates

with recyclers to recycle waste paper plastics and metals monthly reducing landfill

burdens. Garbage classification signs are set up to guide employees improving

recycling rates. In 2024 office paper consumption was 9.17 tons down 20.95% from

2023.

Glodon’s Waste Recycling in 2024 (Unit: t)

Utilization Region Beijing Xi’an Shanghai

Waste Recycling 0.50 1.62 0.30

Total Waste Recycling 2.42

42Striving for Excellence

Advance scientific and technological capabilities to drive high-quality development in the industry. Glodon upholds

a commitment to professional excellence and continuous innovation as the core driving forces of its development. The

Company remains dedicated to technological advancement product optimization and client-centric service striving

for excellence with a steadfast pursuit of industry leadership as it presses forward to be a pioneer of independent

innovation. With high-quality services as a bridge to connect with clients the Company remains committed to driving

customer success. Through embedding the spirit of continuous improvement across all products and services Glodon

strives to become a trusted long-standing and widely recognized enterprise of excellence.In 2024

R&D investment accounted for

29.10% of total revenue

Customer satisfaction rate in issue

resolution reached 98%

As of the end of 2024

Obtained a cumulative total of

632 granted patents

676 registered trademarks

and 960 registered software

copyrights

Participated in the development of 1 international

standard and 23 national standards

Sustainable Development Goals

OPTIMIZE1) Actively Advancing Independent Innovation

Glodon continues to increase investment in research and development actively

exploring and innovating emerging application scenarios to convert technological

achievements into core momentum for the digital transformation of the construction

sector. Significant breakthroughs have been made in key areas such as BIM and CIM.Leveraging independent R&D and long-term industry practices and experience Glodon

has successfully developed an AI Large Language Model specifically for the

construction industry consolidating a robust digital foundation for advancing new

quality productive forces and empowering the sector’s technological upgrades and

industrial transformation.

1. Technology-Driven Development

Leveraging strong technical capabilities and extensive practical experience

Glodon makes all-out efforts to foster new quality productive forces in the construction

industry with digital technology at its core. The Company has established clear

objectives and strategic plans for R&D and innovation management with a strong focus

on core technologies to steadily develop an open and innovative technological

framework and ecosystem. Over the past five years Glodon’s average annual R&D

investment exceeded 30% of its operating revenue. Moreover the Company currently

holds intellectual property rights for a wide range of key digital technologies in the

construction industry covering BIM/CIM IoT big data AI and cloud neutrality

technologies. Glodon has long focused on the deep exploration of key areas in the

industry such as smart cities smart industrial zones construction industrialization and

BIM technology.Technology is positioned as the core engine to drive Glodon’s development.Through its key technology strategy of Glodon’s Business Platform Graphics Platform

and AI Application the Company is building a digital foundation for the development

of new quality productive forces in the construction industry. The Business Platform

refers to a construction-industry-specific PaaS platform with proprietary intellectual

property for business in the construction sector that spans the entire lifecycle of

construction projects; the Graphics Platform represents a proprietary 3D graphics and

design platform with continuously upgraded key technologies that fully support the

development of 3D applications; and the AI Application means the Large Language

Model (LLM) for the construction industry and AI-native applications that enhance AI

applications across design transaction and construction phases. All these enable the

44construction industry to achieve digital transformation and high-quality development

driven by refined management.In 2024 we officially launched AecGPT the industry’s first AI large language

model for the construction industry. AecGPT supports multimodal data interaction and

tailors for one-stop AI application development across seven key areas including

planning design transactions cost management construction operations and

comprehensive management. It possesses specialized capabilities in automation

analytical decision-making and assisted generation. Powered by industry-specific

knowledge enhanced through Retrieval-Augmented Generation (RAG) technology

with hundreds of millions of tokens AecGPT achieved an average score of 97% in the

China First-Class Constructor Qualification Examination fully demonstrating its

authoritativeness and potential as an intelligent tool.In 2024

91 new patent applications including 87 invention patents

183 patents newly granted including 182 invention patents

58 new software copyrights registered

45Wide Recognition of R&D Achievements

Led and accomplished the project Key Technologies R&D and Application of

BIM 3D Graphics System for the Construction Industrial Internet which was

awarded the First Prize at the 2023 China Award for Science and Technology in

Construction

Glodon’s BIM Construction Drawing Audit Solution and Smart Material

Management Solution Based on Cloud Computing Big Data IoT and Mobile

Internet and AI were selected as 2023 Model Solutions for IT Application and

Innovation by the Cybersecurity Center of the Ministry of Industry and

Information Technology of China

The project Key Technologies and Applications for Intelligent Monitoring of

High-Rise Building Construction Quality received the Second Prize in the Hubei

Provincial Science and Technology Progress Award from the Hubei Provincial

Department of Science and Technology

The project Key Digital and Intelligent Technologies and Applications for the

Full Lifecycle of Major Urban Infrastructure Construction was awarded First

Prize in the Guangdong Science and Technology Award from the Guangdong

Municipal Industry Association

Glodon’s AI Large Language Model for the Construction Industry was

recognized as a Model Scenario Application for AI LLM at the Global Digital

Economy Conference in Beijing

The project of the Glodon CIM Platform was selected as a Best Practice of

Contribution to Standardization by the National Technical Committee 426 on

Digital Technique of Intelligent Building and Residence Community of

Standardization Administration of China (SAC/TC426)

The Integrated Financial Services Platform for Digital Transaction was

recognized as a Model Case under the Beijing “Data Elements X” initiative by

the Beijing Municipal Bureau of Economy and Information Technology

The AI Large Language Model for the Construction Industry was once again

recognized as the 2024 Beijing’s Model Scenario Application for AI LLM at

the Global Digital Economy Conference

Case: Empowering the First National BIM Skills Competition and

Demonstrating Glodon’s Technological Capabilities

In 2024 China hosted the first national-level BIM vocational skills

competition—the 2024 National Vocational Skills Competition for Housing and

Urban-Rural Development Industry. A Glodon’s series of software was among the

officially designated software tools for the competition and played a key role in

contributing to success throughout the competition. Glodon’s software was widely

adopted in the competition especially in provincial qualifiers across 32 regions in

China with approximately 70% of participating contestants using Glodon’s BIM

46software. Among the top ten finalists 90% were Glodon users. This widespread

usage fully validated the practical value of Glodon’s solutions and effectively

showcased the industry's strong recognition of its BIM software establishing them

as a benchmark for technological innovation in China’s construction sector.Image: Proprietary BIM Graphics Platform Driving High-Quality

Development in the Industry

Case: Launching AI Large Language Model for the Construction Industry to

Empower Digital Transformation in the Construction Industry

In May 2024 Glodon launched the AecGPT an AI Large Language Model and

a dedicated AI Platform for the Construction Industry marking a new milestone in

the AI-driven digital transformation in the construction sector. As part of its “AI+”

initiative the Company is leveraging data and connectivity to accelerate the digital

upgrade of the construction industry. In August 2024 Glodon introduced multi-

scenario LLMs with a focus on L2-level scenario models covering seven core

business domains: architectural design quantity take-off planning materials

management transactions safety and education. By addressing specific issues in

operational scenarios these models can provide more relevant and targeted services

and improve application effectiveness marking a significant leap forward in

Glodon’s AI development toward more specialized and scenario-driven applications

within the industry.

472. Tackling Key Challenges

We continue to increase its investment in research and development actively

exploring innovative application scenarios and fully committing to transforming

technological achievements into the core driving force for the digital transformation of

the construction industry. In this regard we have successfully developed BIM-

supporting tools and platforms initiating demonstration applications. Additionally we

have developed a series of software solutions including the proprietary CIM

foundational platform and integrated modeling tools for buildings land and spaces.Through independent R&D and years of accumulated practical experience Glodon has

successfully created an AI large language model for the construction industry laying a

solid digital foundation for the development of new quality productive forces in the

construction industry and empowering technological upgrades and industrial

transformation within the sector. Moreover we remain dedicated to strengthening our

innovation capacity by leading and undertaking major projects in the industry to drive

high-level technological innovation thus continuously injecting vigor into the digital

transformation of construction enterprises.Case: Successful Acceptance of the Project Research and Demonstration on the

Key Technologies of the CIM Platform

On May 8 2024 Glodon as the project leader for the first time successfully

passed the acceptance of the major industry project titled Research and

Demonstration on the Key Technologies of the CIM Platform. This project completed

research on key technologies in areas such as panoramic spatial modeling for the

CIM platform lightweight processing of massive spatial model data multi-source

heterogeneous data fusion engines and high-fidelity rendering. The project has

established a CIM platform architecture that meets the business needs for urban

planning design construction and operational management.

3. Enhancing Independent Innovation Capabilities

Glodon firmly believes in technology as the cornerstone of its growth and has

created an environment conducive to R&D and innovation. The Company places a

strong emphasis on top-level design for technological R&D and has developed a

framework for R&D and innovation management. A four-tier product R&D

management structure has been established which includes "the Company’s Product

Management – Product Line/Platform Strategic Management – Product/Platform Value

and Roadmap Management – Product R&D Management." The R&D/Quality

Management Committee is responsible for the construction and operation of the

Company's product R&D system. The company has incorporated innovation into its

48performance appraisal system to fully stimulate employees' work enthusiasm and

creativity. It has revised the group's production and research management indicator

system to quantify performance gain insight into the actual level of the group's

production and research capabilities align with industry production and research

efficiency measurement methods identify gaps with advanced organizations in the

industry and provide a reference for the overall improvement of the group's production

and research capabilities.Glodon integrates advanced technological resources and has established eight

technology R&D centers across five countries supporting core technological

innovation and upgrades. In China the Company has built five innovation hubs where

validation and exploration are carried out concurrently. Through self-research and self-

development Glodon integrates digital building theories into practice. In 2024 Glodon

Smart Construction and South China Headquarters in Guangzhou China featuring the

“Digital Blueprint of Glodon's South China Headquarters” was selected as a typical

case in the Case Collection of New Urban Construction Exhibition by the Ministry of

Housing and Urban-Rural Development. Additionally the project Innovation Practice

of Digital Building Throughout Entire Lifecycle based on BIM Technologies was

recognized as one of the Top 10 Best Innovation Practices of Digital Transformation in

2024 by CCID Consulting Company Limited.

The Company actively fosters a corporate culture of innovation continuously

developing and refining internal digital tools communication platforms and an honor

system for production and R&D. These efforts not only enhance global collaboration

and R&D efficiency among employees around the world but also help inspire creativity

and initiative across the workforce. Glodon prioritizes the development of its R&D

talent pool stepping up efforts to recruit PhD candidates from top universities globally

and nurture professionals in production and R&D to ensure the steady growth of high-

performing teams. The Company also integrates top-tier resources by inviting industry-

leading experts as business advisors to empower internal teams in areas such as quality

safety and production ensuring that the achievements in product R&D are aligned with

customer value. To further stimulate innovation Glodon organizes internal

"hackathons" encouraging production and R&D teams to address business challenges

through technological innovation. In 2024 101 teams and 449 partners in production

and R&D participated in these events resulting in a surge of creative and innovative

ideas.

49Image: The Event of "Hackathon" Promoting an Innovation-Driven Culture

within the Company

4. Strengthening Collaboration in Innovation between Industries

Universities and Research Institutes

Glodon is actively collaborating with a wide range of partners to embark on a new

journey of joint innovation and research. The Company is further deepening the

integration of government industries universities and research institutes building

collaborative innovation platforms and developing technology-driven projects. By

bringing together collective intelligence Glodon aims to address the challenges of

digital transformation promote strategic cooperation in all respects and establish a

diverse and expansive network of partnerships. These efforts help achieve collaboration

based on consensus complementary strengths mutual benefits and win-win results as

Glodon and its partners together press forward on the journey to explore digital

transformation.In 2024

Established 2 joint laboratories with universities

Participated in or organized 186 government-related exchanges and discussions

Working with Partners to Build Innovation Platforms

Established the National Enterprise Technology Center (NETC) in collaboration

with China’s National Development and Reform Commission (NDRC) and three

other commissions and ministries

Co-founded the National Innovation Center with the Ministry of Science and

Technology of China

Co-established the Technology Innovation Center of Intelligent Construction

and Engineering with the Ministry of Housing and Urban-Rural Development of

China

Set up the Beijing Enterprise Technology Center cooperating with the Beijing

Municipal Bureau of Economy and Information Technology

Co-established Technology Innovation Center of Digital Twin for Future

Building in collaboration with Beijing Municipal Science and Technology

Commission

505. Establishing an Open and Shared Ecosystem

Glodon is working together with its industry partners to foster mutual progress

building an open shared and innovative ecosystem that supports the digital

development of the construction industry. For construction design software the

Company has made parts of its proprietary code available to the public as open-source.Additionally it has introduced the Glodon Ecosystem Plan (GEP) for enterprise

developers software developers and other partners in the industry ecosystem.Measures such as capabilities and experience empowerment and resource sharing are

taken to accelerate the development of an open and dynamic digital ecosystem in the

industry. Together Glodon and its partners are building a new ecosystem featuring

common development openness and win-win cooperation in the construction sector. As

of the end of 2024 real-world case studies and data analysis show that during the

development of enterprise-level management systems on the Glodon construction

business platform R&D efficiency could be increased by approximately 65% on

average R&D costs were reduced by 55% and delivery timelines were shortened

by 60%. To date the platform has empowered 60 ecosystem partners.Image: The Open Group APAC Award is one of the most prestigious and

outstanding accolades in the global architecture field. In 2024 Glodon was honored

with the Excellence & Innovation Award in Open EA Standards for Organization by

the Open Group APAC.

6. Actively Contributing Industry Expertise

The Company firmly believes that exchanges and mutual learning are essential to

driving industry progress. Glodon has established diverse platforms for exchange

51organizing industry summits forums and conferences to share its experiences and

insights. By facilitating communication across the construction sector Glodon fosters

new avenues for industry development. It also actively expands its global vision

sharing its wisdom and expertise in digital construction to promote international

collaboration and advancement within the industry. The Company is deeply engaged in

the development of multiple standards drawing on its proficiency in BIM technology

digital construction and other areas to share its knowledge and experience in the digital

transformation of the industry. Additionally Glodon has joined a wide array of industry

associations and organizations collaborating with all stakeholders to push forward the

healthy and orderly growth of the industry.In 2024

Contributed to the development of 1 international standard 7 national standards

and 2 industry standards

Published 7 industry reports and white papers

As of the end of 2024:

Contributed to the development of 23 national standards and 183 industry local

community and enterprise standards

Image: Glodon hosted the 2024 Asia Annual Industry Event for Architecture

Engineering and Construction (AEC) in Jakarta Indonesia.Image: As a proposer Glodon engaged in the development of the Smart

community infrastructures — Requirements for data framework and functions

based on city information modeling (CIM) platform (ISO 37187).

527. Strengthening Intellectual Property Protection

The Company continues to enhance its intellectual property management

capabilities ensuring respect for the intellectual property rights of others and actively

promoting a healthy legal environment. The Employee Code of Conduct outlines

employers’ proper use of software ensuring the enforcement of measures to protect

legitimate software. Glodon has upgraded its patent reward system to further safeguard

the rights and interests of internal inventors. Moreover the Company conducts a series

of open-source compliance training programs for its R&D personnel to guarantee the

lawful and compliant use of third-party open-source components. Suppliers are also

required to certify that the technologies source codes products and works they provide

do not infringe upon third-party intellectual property rights. Additionally Glodon offers

free courses on intellectual property protection and risk management to some clients

helping to enhance industry-wide compliance awareness and capabilities.Simultaneously the Company is actively expanding its intellectual property

strategy internationally carefully studying local laws and regulations to ensure

compliance and protect legitimate rights of its technological innovations thereby

solidifying its foundation for global business expansion.In 2024

Conducted 30 intellectual property training sessions reaching a total of 700

participants

532) Building Excellence in Quality

At Glodon we are guided by the principle of "Customer Success" striving to be a

reliable partner throughout our customers' development journey. By providing

thoughtful customer service as a bridge and ensuring full lifecycle quality assurance as

the cornerstone we focus on continuous improvement across multiple dimensions to

deliver secure reliable and high-quality digital products and services for our clients

and empower them to achieve sustainable growth of value.

1. Strengthening Product Quality

We place paramount importance on product quality management and have built a

robust quality assurance system. The Company has established a comprehensive quality

management framework which includes the Project Management Office (PMO)

the Quality Management Committee the Quality and Efficiency Management

Department Production Line Quality Managers and Product Quality Managers while

also developing a high-level talent management system for quality assurance. We have

clearly defined the “quality red lines” and rigorously implemented quality supervision

while fostering a culture of quality awareness across all employees. The Company has

issued the Quality Incident Management Standards ensuring that quality incident

management processes are established to cover 100% of products with customer defect

(bug) leakage rates maintained at ≤0.05%. Additionally the Management Standards for

Application Security Red Line have been introduced guaranteeing that application

security red lines were adopted for 100% of products with a 100% vulnerability

resolution rate. Glodon is accelerating the development of a comprehensive quality

safety network and introducing advanced testing technologies to enhance automation

coverage and efficiency. Furthermore the Company continues to enhance its operations

and maintenance management capabilities by developing comprehensive emergency

response plans and pre-allocating resources in case of emergencies such as potential

technical failures natural disasters and other unforeseen events thus ensuring that fully

safeguarding the stable and reliable operation of the systems.

2. Optimizing Customer Service

The Company is committed to delivering customer value by establishing a close

loop throughout the process from building a multi-tiered metric system for customer

success precisely identifying customer needs to efficiently delivering customer value

across different aspects such as strategy management and practice. Leveraging AI

technology Glodon continuously optimizes service models and improves the service

54capabilities of frontline staff consistently refining the customer experience. With the

mindset of "getting even closer to customers and ensuring the voice of the frontline is

heard" Glodon strives to gain deep insights into customer needs and earn their ongoing

trust and recognition.The Company has established a comprehensive customer management system and

set of policies including the Customer Management Measures and the Complaint

Management System defining clear objectives and principles of customer management

and regularly reviewing its customer management practices. In addition Glodon has

developed a centralized customer service platform with unified service standards and

processes for services offering a one-stop solution for customer issues.The Management Measures for Key Account Development and Maintenance have been

also introduced to encourage the entire Company to provide comprehensive and

attentive service to our customers.We are dedicated to improving customer satisfaction by providing targeted

training to employees at all levels enhancing their customer service capabilities.Provide customer service training for sales teams and third-party hardware installation

teams and establish internal honors such as “Customer Success Awards” to motivate

all employees to improve. The customer service team has been also upgraded and

transitioned from an outsourced business model to an outsourced human resource

model ensuring the stability and professionalism of the team. We have incorporated AI

technology to enhance the intelligent customer service function improving response

efficiency and accuracy. Additionally online training courses are available for

customers further enhancing the service system of product support. Regular customer

satisfaction surveys are also conducted with feedback collected after both telephone

interactions and course completions to monitor customer satisfaction continuously.The Company continues to optimize its complaint management system by clearly

defining the responsibilities of each department and process ensuring that all customer

complaints are responded to within two hours. A designated individual is responsible

for handling complaint calls and 100% of customer feedback is escalated to the relevant

project manager. The complaint management process operates with a closed-loop

system ensuring rigorous enforcement of the principles processes timelines audits

and execution of complaint resolutions. Monthly and quarterly reports are generated for

analysis and implementation of corrective actions. Glodon proactively identifies areas

with high complaint incidence (such as specific regions or business types) facilitating

optimization and upgrades of product functions while actively striving to reduce

55overall complaint volumes. A follow-up process is also in place to assess the

effectiveness and customer satisfaction with the complaint resolution process.The Company adheres to responsible marketing practices by formulating

the Glodon Brand Guidelines and the Brand and Brand Application Management

System ensuring consistency in its external communications and images and

preventing fabrication and the spread of misinformation related to the Company.Regular and comprehensive audits as well as routine spot checks are conducted to

ensure compliance with brand promotion standards. As a B2B software company

Glodon focuses on providing digital solutions for the construction industry

guaranteeing that its products and services do not directly affect the physical or mental

well-being of our customers.In 2024

Intelligent customer service handled 653900 consultations

123 product and service-related complaints were received with a 100%

complaint resolution rate

First-contact resolution rate for customer issues reached 88% with a 98%

customer satisfaction rate for issue resolution

56Empowering Data Governance

Build a strong foundation for digital security to safeguard the future of smart cities. Glodon firmly believes that

ensuring data security is not only an industry baseline but also an essential prerequisite for delivering a secure

and high-quality user experience. The Company has established a comprehensive information security

management framework developed robust policies and regulations in terms of data security and privacy

protection and strengthened data access management. By fortifying the data red lines we aim to elevate our

information security standards and fully integrate cybersecurity awareness into the Company culture. Our goal is

to provide clients with stable reliable secure and trustworthy products and services while co-creating a safe

data ecosystem with all stakeholders.In 2024

Achieved 2 new Level-3

Certifications for China’s Multi-Level

Protection of Information Security

0 incidents of data breaches or

data-related violations

As of the end of 2024

19 systems passed Level III

Certifications of China’s Classified

Protection of Cybersecurity (CCSP)

Obtained 4 Level-2 Certificates for

Qualification of Information Security Service

Provider from the China Cybersecurity Review

Technology and Certification Center (CCRC)

Sustainable Development Goals

DIGITAL1) Ensuring Information Security

The Company places significant emphasis on data compliance and information

security steadfastly adhering to its commitment to safeguarding information security.Glodon has obtained certificates for the Information Security Management System

(ISMS) under ISO/IEC 27001:2022 and the Privacy Information Management

System (PIMS) under ISO/IEC 27701:2019.To reinforce information security the Company supports multi-factor

authentication (MFA) based on identity tokens employs strong password policies to

assess user password complexity and introduces dynamic random verification codes

and login timeout restrictions to ensure user authentication security. HTTPS security

protocols and SSL encrypted transmission are also implemented to ensure secure user

access. Function permissions data access control and operational audits are integrated

into the system to enhance overall management refine permissions and conduct

security scanning to ensure application security. To ensure the stability continuity and

integrity of the company's data systems and to support security tracing and security

incident analysis the Audit and Supervision Department in collaboration with the

Legal Department shall formulate and implement data security audit standards. The

Data Security Management Department regularly conducts security inspections and risk

assessments of the company's data and data systems promptly adjusts or supplements

data security protection measures and eliminates various security hazards and potential

risks. At least once a year the department organises internal data security emergency

drills to enhance employees' data security awareness protection and emergency

response capabilities and strengthens network security emergency training. In 2024

the company's Data Security Management Department will collaborate with the Legal

Department to form a special task force to conduct a comprehensive scan of all

production environments and code to identify corresponding risks.The Company is also committed to client privacy protection conducting

specialized training programs on privacy protection and continuously enhancing

information security and customer privacy control measures. Glodon’s products are

primarily tool-based software which collects minimal user information. Furthermore

customer data is mainly stored in local environments rather than the cloud significantly

reducing the risk of data privacy leaks. The Company supports private deployment for

customers allowing them to store data on local servers based on their needs further

reinforcing data security and autonomy. In addition a strict information classification

58and management system is implemented categorizing data by security level and

assigning access permissions accordingly. Access to client information requires

approval through a stringent audit and process to ensure the legality and necessity of

data access. The data collection process also adheres to the principle of minimization

gathering only the essential information necessary to perform business functions.Regarding data of the AI model training for the construction industry anonymization

and de-identification techniques are used to ensure that personal information cannot be

reverse-identified. In the data-sharing process federated learning technology is adopted

to balance data sharing and protection ensuring privacy while enabling data sharing.Moreover sensitive business secrets or proprietary information within engineering data

are concealed ensuring data sharing security while safeguarding privacy.Glodon continues to strengthen internal data access control having introduced

the Internal Data Sharing and Data Access Management Measures. The Company has

mapped its data assets at the company level and assigned data owners as the primary

responsible parties for data governance in specific areas with data

managers overseeing daily protection. The Core Data Classification Standards and the

Lists of Data Business Responsibility have been defined to ensure strict data access

management protocols are in place. The Data Authorization Model clearly outlines the

core positions responsibilities roles and personnel involved in internal data-sharing

scenarios along with the corresponding data authorization scope and access security

levels. Moreever a data security consultation and reporting mechanism has been

established requiring employees to report any data violations in a timely manner.The Company is continuously improving its emergency management capabilities

in terms of information security. Measures such as data backup data access

authorization control and encrypted storage of sensitive data have been implemented.Data centers are equipped with dual electrical circuits and UPS systems with

emergency power backup plans in place to ensure operations for 20-30 minutes during

power outages to secure overall data safety. A comprehensive Data Breach Emergency

Response Plan has been developed encompassing the entire incident management

process including incident prevention monitoring and early warning reporting

handling disclosure and post-incident review so as to strengthen the Company’s

capabilities to respond to data security incidents. Regular data security training sessions

and evaluations are conducted for employees to reinforce their security awareness

with two dedicated data security training sessions held annually.

59In 2024

0 incidents of data breaches

Achieved 2 new Level-3 Certifications for China’s Multi-Level Protection of

Information Security

As of the end of 2024

Obtained 4 Level-2 Certificates for Qualification of Information Security

Service Provider from the China Cybersecurity Review Technology and

Certification Center (CCRC)

19 systems passed Level III Certifications of China’s Classified Protection of

Cybersecurity (CCSP)

Glodon’s Information Security Management Framework

Image: Certificate of ISO/IEC Image: Certificate of ISO/IEC

27001:2022 Information Security 27701 Privacy Information

Management System Management System

602) Strengthening Data Compliance

Glodon strictly complies with General Data Protection Regulation (GDPR) of the

European Union the Cybersecurity Law of the People’s Republic of China and the Data

Security Law of the People’s Republic of China as well as all other applicable laws and

regulations in the jurisdictions in which it operates. To uphold a rigorous baseline for

security and compliance each business department designates a dedicated security and

compliance officer to ensure controlled use of source code and third-party tools

(including commercial software and third-party libraries) thereby mitigating

compliance risks in research development and innovation.To reinforce compliance management the Company has formulated the Data

Compliance Management Policy and enhanced its Data Management Regulations

establishing clear data compliance principles. It exercises comprehensive compliance

management across the entire data lifecycle—covering data generation storage usage

transmission and destruction. In accordance with requirements for access rights and

data classification levels Glodon ensures that all data usage complies with relevant

legal and regulations. The Company also strictly adheres to regulations regarding cross-

border data transfers. Through measures such as data localization and security

assessments it ensures that data remains within domestic borders.Glodon continues to strengthen its data compliance governance capabilities. A

dedicated Data Compliance Task Force has been established to enhance project-specific

compliance and deliver industry insights. The Company also contributed to the drafting

of the Standards for Processes and Technologies of Data Ownership Confirmation and

Authorization providing regulatory frameworks and technical tools of data compliance

to support compliant data circulation as well as the integration and utilization of data

across regions and industries. In cooperation with the Beijing International Data

Exchange Glodon completed data asset registration and updates ensuring the secure

and compliant exchange of data products. In 2024 the Company was awarded the Best

Practice in Data Governance by DAMA International.In 2024

No incidents of data-related violations or non-compliance

613) Upholding Technology Ethics

With reference to the (Trial) Measures for Science and Technology Ethics Reviews

the Company affirms that its technological activities do not involve direct interaction

with humans or experimental animals and guarantees that the likelihood of ethical risks

or challenges affecting human health the ecological environment public order or

sustainable development remains extremely low. During AI model training Glodon

strictly adheres to science and technology ethics. For the training data of AI large

language models in the construction industry anonymization and de-identification

techniques are applied to ensure that individual information cannot be reverse-

identified from the data.

62Openness and Win-win

Cooperation

Work together to foster a community of shared value and empower inclusive social development. Glodon upholds the

core corporate value of “openness and win-win cooperation” regarding the supply chain as a key bond in value creation

and promoting greater social responsibility among its suppliers to build a secure and resilient supply chain. Leveraging its

practical experience in digital construction Glodon strongly supports talent development in the construction industry

through diversified channels cultivating a skilled workforce to inject fresh momentum into the era of intelligent

construction. In addition by harnessing technological strengths as a catalyst the Company actively engages in rural

revitalization and supports disadvantaged groups so as to drive balanced and inclusive social development.In 2024

Achieved a 98% signing rate of the

Supplier Social Responsibility Commitment

No instances of overdue payments to small

and medium-sized enterprises

Facilitated over 1000 events to deliver industry

digital talent services benefiting more than

10000 enterprises and 100000

professionals in the construction sector.Developed 23 vocational training

courses supporting the employment of

more than 2500 students

Established collaborative partnerships with

84 colleges and universities and

accredited 20 among them as certified

corporate training bases

Organized 10 volunteer public service

activities with a total of 580 participants

Sustainable Development Goals

OPEN-MINDED1) Responsible Supply Chain

Glodon attaches great importance to the supply chain’s role in delivering value and

promotes improved environmental and social performance and impacts through

responsible procurement practices. The Company proactively addresses supply chain

risks by strengthening its supplier admission certification performance evaluation and

phase-out mechanisms. At every stage—from tendering and contract execution to

payment—Glodon guides suppliers in enhancing their awareness of and commitment

to social responsibility. It also supports the development of qualified small and medium-

sized suppliers contributing to the overall security and resilience of its supply chain.

1. Upholding Transparent and Equitable Procurement

The Company is dedicated to fair and equitable procurement strictly enforcing

the Procurement Management Policy and the Supplier Management Policy which are

continuously reviewed and updated in practice. A mature group-level procurement

governance structure has been established comprising the President’s Office –

Procurement Management Committee – Procurement Management Department

– Procurement Teams at all levels. The Legal Affairs Department Financial

Management Center and Audit and Supervision Department of the Company are

respectively responsible for compliance review internal control over budgeting as well

as audits and supervision. This integrated structure enables comprehensive supply chain

risk management and response to ensure stable and orderly operations throughout the

supply chain.

2. Conducting Rigorous Due Diligence

During the assessment and review process of supplier admission the Company

conducts thorough evaluations covering suppliers’ legal compliance supply capabilities

product quality service standards cost control and innovation capacity. Rigid entry

barriers such as minimum registered capital requirements were lifted to further

prioritize suppliers' actual operational performance and track record. Glodon actively

seeks to collaborate with enterprises that contribute to social value and rural

revitalization and provides high-potential small enterprises with opportunities to

participate.To further manage and mitigate supply chain risks Glodon mandates the signing

of a Social Responsibility Commitment as a prerequisite for inclusion in the supplier

database thereby encouraging suppliers to fulfill their social responsibilities. In 2024

the Company achieved a 100% signing rate among new suppliers and a 98% signing

64rate among all in-database suppliers. For legacy suppliers with unsigned commitments

a targeted re-signing plan has been implemented supported by methods such as tiered

and classified supplier management and proactive communication and guidance to

assist the plan. Glodon conducts due diligence on suppliers through a combination of

documentation review and on-site inspections to fully consider environmental and

social risk factors in the supplier classification and grading process. For manufacturing

suppliers evaluations focus on environmental impact assessments and environmental

management systems. For trading and integrated production suppliers reviews are

extended to their upstream suppliers. Moreover this process also incorporates other

indicators including forced labor occupational health and safety and other issues to

drive improvements in supplier sustainability performance and to foster a responsible

supply chain ecosystem. Suppliers that fail to meet evaluation standards are subject to

major complaints or or remain non-compliant following corrective actions are

disqualified and removed through a formal exit mechanism. In 2024 the Company

streamlined and updated its supplier database enhancing overall supplier quality while

ensuring the supply chain retains sufficient resilience and diversity.As of the end of 2024

The signing rate of the Social Responsibility Commitment for Suppliers

reached 98%

652) Developing Industry Talent

We are actively engaged in talent development for the construction industry and

dedicated to cultivating each individual into a high-caliber professional. We conduct in-

depth research on evolving workforce demands across the industry and the current state

of talent development within colleges and universities. Anchored in six core pillars—

Talent Curriculum Scenarios Methodology Management and Services—Glodon

refines its education solutions to connect domestic and international universities with

construction enterprises. These efforts underpin a comprehensive talent pipeline for

digital construction throughout the supply chain fostering professionals with global

vision and strong technical expertise.

1. Fostering Industry Professionals

As a cornerstone of its talent strategy Glodon is striving to build a high-quality

talent chain to provide lifelong specialized education services for industry

professionals. The Company has developed an APP called Tian Tian Xiang Shang

(Progress Every Day) a dedicated learning and communication community for project

managers which integrates a wide array of construction-related educational resources

and features an AI-powered assistant capable of responding to complex technical

queries related to the construction industry. In parallel the Online Construction

Course Platform has launched a rich and diverse range of courses providing high-

quality learning services to over 120000 construction professionals and enhancing the

knowledge and competencies of individuals in key roles. These platforms continuously

deliver high-quality professionals at all levels to support the ongoing transformation

upgrading and sustainable development in the construction industry.Glodon is devoted to delivering full-lifecycle talent development services and has

developed enterprise-focused talent assessment solutions aligned with role-specific

competency requirements. These solutions incorporate scientific evaluation standards

customized assessments and tests that tailored to the enterprise needs as well as data

visualization tools to present assessment results. The Company also actively supports

multi-tiered vocational skills competitions by providing comprehensive software

support and training services for national sectoral and company-level contests. In 2024

Glodon provided BIM software as the designated competition platform for the National

Vocational Skills Competition for Housing and Urban-Rural Development.The dedicated APP Tian Tian Xiang Shang for project managers in the construction sector

also explored a new micro-learning model to enhance professional skills through

66flexible on-demand engagement. Additionally Glodon collaborated with industry

regulatory authorities and associations in eight provinces including Shaanxi and

Guizhou to host knowledge competitions during the national “Safety Month” and

“Quality Month” campaigns reaching more than 40000 participants and effectively

activating talent engagement across the sector.Glodon also contributes to the development of international construction

professionals. In partnership with Guangxi Polytechnic of Construction (GXPC) and

Cambodia’s National Technical Training Institute (NTTI) the Company co-founded

the China–Cambodia Institute of Modern Craftsmanship of Construction.Through joint development of vocational education standards and the sharing of

educational resources the initiative provides Chinese expertise and digital solutions to

support the digital transformation of the global construction industry.In 2024

The APP Tian Tian Xiang Shang surpassed 40000 registered users

Conducted 1100 in-person training sessions for digital professionals covering

10000 enterprise clients; total online and offline engagement exceeded 100000

participants

Delivered skills training for employees from over 10 central and state-owned

enterprises

Established course delivery partnerships with 19 international universities

Image: Glodon’s Integrated Talent Development Framework for the

Construction Industry

67Case: The APP Tian Tian Xiang Shang Significantly Enhances Project

Management Capabilities

In 2024 Glodon partnered with Beijing Construction Engineering Group No.4

Construction Engineering Company Limited to jointly launched a targeted traininginitiative—the “Pilot Program for the Enhancements of Project ManagementCapability”—as part of the Professionals Development Initiative delivered through

the Tian Tian Xiang Shang APP platform. The training was conducted entirely online

enabling participants to make use of fragmented time to study real-world engineering

case. The program guided learners to apply acquired knowledge to practical

challenges encountered in their own projects and to develop actionable

implementation plans or strategies accordingly. A comparison of pre- and post-

training assessment scores revealed an average improvement of approximately 22%

across all role categories demonstrating the program’s significant learning outcomes.

2. Empowering Talent through University–Industry

Collaboration

Glodon is dedicated to building an integrated ecosystem for talent development

through strategic collaboration between academic institutions and industry. In

curriculum development the Company works closely with universities to co-create

high-quality courses in emerging fields such as new design new construction and new

operations and maintenance. Together they have established a comprehensive teaching

framework encompassing the full instructional cycle—preparation instruction

practice examination and evaluation. Glodon also develops digital literacy and

application courses tailored for university faculty supporting the cultivation of high-

quality dual-qualified and dual-capable2 teaching teams and injecting new vitality into

construction education. In 2024 Glodon provided enterprise-based practical training to

47 universities and over 180 faculty members.

2 Dual-qualified and dual-capable means that the teaching staff should not only hold both teaching qualification

certificate and engineer qualification certificate but also be capable of teaching and engineering practice.

68In its efforts to promote deep integration of industry and education Glodon has

formed long-term partnerships with academic institutions across various regions. In

collaboration with Beijing Polytechnic College the Company co-launched a BIM

Engineer Training Program which earned Second Prize in the National TeachingAchievement Awards for its course titled “Empowering the Transformation andUpgrading of Smart Construction Majors through Digital Technologies: Explorationand Practice.” Glodon also partnered with Zaozhuang Vocational College of Science

and Technology to establish the Smart Construction Industry Academy an industry-

education integrated training platform for talent cultivation innovation incubation

technical services and social training. In partnership with Henan Information and

Statistics Vocational College the Company implemented a college-industry engineer

training program offering students vocational skills training and internship

opportunities. These initiatives have effectively improved employment and

strengthened the alignment of the education talent and industrial value chains—

supporting a comprehensive upgrade of the talent development system within the

construction industry.In the area of learning through competition Glodon actively supports a wide range

of professional contests in the field of architecture and construction. The Company has

provided free software hardware and technical support for key contest projects under

the World Vocational College Skills Competition (WVCSC) hosted by the Ministry

of Education including BIM Modeling and Application Intelligent Prefabricated

Construction and Digital Municipal Infrastructure. In 2024 Glodon supported 89

participating universities that received awards in the competition. By integrating

professional competitions with job skill certification the Company has advanced the

convergence of job roles curriculum competitions and certification thereby

establishing a seamless pathway from education to employment for students and

building a high-quality talent reserve for the construction sector.To further support students' career development Glodon provides professional

skills assessment and career advisory services. The Company organizes the Glodon

Informatization Application Skills Certification for Construction (GIAC) offers

internship opportunities and helps students improve their practical abilities and

professional competence. It also regularly hosts construction industry career guidance

sessions and university–enterprise matchmaking events to strengthen the talent supply

chain delivering highly qualified digitally capable professionals to the industry and

helping to address the imbalance between talent supply and demand.

69In 2024

Partnered with 14 academic institutions for joint talent cultivation and supply

Developed 23 employment-focused courses supporting the job placement of

over 2500 students

Engaged in social service cooperation with 84 institutions; 20

universities certified as corporate training bases

Administered 463 GIAC exams with 56000 individual examinees and

over 100000 participations

As of the end of 2024

The “Construction Talent Chain” mini-program on WeChat recorded 5891 job

seekers 669 enterprises and 8774 posted job openings

In 2024

Appointed as a Governing Member of China’s National University–Enterprise

Platform for Collaborative Innovation

Officially joined the Belt and Road Architectural University International

Consortium

Selected for the First Cohort of the Beijing On-site Engineer Talent Training

Program

Included in the Beijing Undergraduate Industry–University–Research

Integration Platform for talent development

Image: Development of the Smart Construction textbook series for highereducation selected by the China’s Ministry of Education as part of the “14th Five-Year Plan” Higher Education Textbook System for strategic emerging disciplines.

70Case: “Going Global · Growing Together” — Advancing International Talent

Development in IndonesiaOn December 2 2024 Glodon organized the “Going Global · GrowingTogether” Overseas Talent Development Exchange Program under thecampaign “2024 International Smart Construction Study Tour toIndonesia.” The program offered in-depth insights into local talent development

pathways within Indonesia’s construction sector and showcased China’s advanced

practices and excellent cases in professional training talent development and

educational innovation. Through close engagement with local universities Glodon

shared best practices and contributed to the discussion on establishing China–

ASEAN (Indonesia) talent development standards. These exchanges also supported

the internationalization of education and promoted the efficient allocation and

sharing of educational resources while cultivating professionals equipped with

global vision and strong technical expertise.Image: Delegation visit to Institut Teknologi Bandung (ITB)

713) Supporting Social Well-beingIn alignment with the United Nations Sustainable Development Goal of “ReducingInequalities” the Company remains committed to fostering inclusive and coordinated

social development. Glodon actively supports public welfare initiatives and leverages

its strengths as a technology enterprise—both in business capabilities and human

capital—to help underrepresented groups better integrate into society and share in the

benefits of development building enduring bridges of care and love.

1. Empowering Vulnerable Groups

Glodon is a member of the China Volunteer Association and has established

the Glodon Volunteer Service Corps encouraging employees to actively participate

in public welfare initiatives in areas such as education low-carbon development and

environmental protection. Through organized volunteer activities the Company

contributes to building a more harmonious and inclusive society. In particular Glodon

has led a series of public welfare programs supporting the elderly and individuals with

disabilities under themes such as “Technology for Accessibility” and “SpecialEducation Support” promoting respect care and dignity for all members of society.In 2024

Total charitable donations reached 1.8997 million yuan

Investment in volunteer service activities totaled 100000 yuan

Organized 10 volunteer events with a total of 580 total volunteer participations

and a cumulative 1191 hours of service—averaging 2.05 hours per volunteer

Conducted 3 community service activitiesImage: Glodon launched the “Let Love Be Useful—Support the Artistic Dreams ofSpecial Education Children” donation campaign where employees sold unused

items to raise funds for music education and home-based rehabilitation support for

children in special education.

72Image: The Glodon Volunteer Service Corps in partnership with Beijing Urban

Construction North Group and Peking University International Hospital jointly

hosted a public welfare event themed “Cherish Life First Aid at Hand.” The

initiative provided emergency first-aid training and on-site medical consultations

for over 80 project safety managers and more than 40 frontline construction site

supervisors to raise their safety awareness.Image: Glodon organized the “Work Together to Support the Disable—Safeguarding the Craftsmanship Dreams” initiative featuring an exhibition and

charity sale of handcrafted cultural and creative products by persons with

disabilities. The initiative encouraged broader public engagement in advancing

inclusive employment and income generation for people with disabilities fostering

a new business pattern for them.

2. Supporting Rural Development

Glodon actively responded to China’s national strategies on rural

revitalization and common prosperity advancing the digital transformation of rural

development by applying digital tools to a wide range of construction projects under

the Beautiful Countryside Initiative. It has established a platform for the trading of rural

collective property rights helping to revitalize underutilized rural assets. With a focus

on left-behind elderly populations in mountainous regions Glodon has introduced

innovative support models such as “purchase instead of donation” and “books forproduce” which promote mutual benefits and inclusive urban-rural development. By

73aligning Party-building initiatives with the real needs of rural communities and

coordinating cross-sector resources the Company injects great vitality and new

opportunities into rural development. In 2024 Glodon invested 72100 yuan in rural

development initiatives.Image: Glodon launched a series of public welfare activities encouraging

employees to support the entrepreneurial aspirations of left-behind elderly

individuals in rural areas by purchasing agricultural products and participating in

the “Books for Produce” donation.Image: Glodon also organized science popularization programs to improve digital

literacy among farmers and hosted recreational and enrichment activities for the

left-behind elderly residents in rural areas.

74Talent Development

Put people first and drive the momentum of national talent development. Glodon adheres to a talent development

strategy centered on professionalization career development and internationalization. The Company works to foster

a healthy inclusive and harmonious workplace environment providing employees with comprehensive support for

career development and nurturing a group of highly skilled professional talent. Glodon places a strong emphasis on

employee care and well-being sharing in the achievements of corporate growth and continuously enhancing the

overall quality of life for its workforce.In 2024

Employee career well-being score:

4.28 (on a 5-point scale)

Total investment in employee training:

7.72 million yuan

Total investment in employee welfare programs:

17.7786 million yuan

Coverage of statutory social

insurance and supplementary

medical insurance: 100%

Number of managerial

personnel trained: 992

Sustainable Development Goals

NURTURE1) Building a High-Caliber Workforce

Glodon regards talent as a fundamental driver of its sustainable growth and strives

to develop a dynamic high-potential workforce. The Company adheres to the principles

of diversity and equality in employment; continuously strengthens incentive

mechanisms; enhances employee welfare systems; fully safeguards the lawful rights

and interests of employees and attracts outstanding professionals from both within and

outside the industry. By increasing investments in employee training Glodon fosters

an enabling environment for professional growth and unleashes employees’ potential

thus realizing a virtuous cycle of talent acquisition and capability development.

1. Diversity and Inclusion

Glodon supports and upholds the International Bill of Human Rights adhering to

the Universal Declaration of Human Rights the International Covenant on Civil and

Political Rights and the International Covenant on Economic Social and Cultural

Rights. The Company also complies with other core international human rights

instruments such as the International Convention on the Elimination of All Forms of

Racial Discrimination the International Convention on the Suppression and

Punishment of the Crime of Apartheid the Convention on the Elimination of All Forms

of Discrimination Against Women and the Convention Against Torture and Other

Cruel Inhuman or Degrading Treatment or Punishment. Glodon fully supports

the International Labour Organization’s Declaration on Fundamental Principles and

Rights at Work and stays committed to extending these protections to all employees

as well as to workers directly or indirectly employed throughout its supply chain. The

Company’s international business activities are governed by clearly defined codes of

conduct that address respect for human rights and anti-discrimination.The Company recognizes and protects employees’ rights to freedom of association

and collective bargaining opposes all forms of forced labor prohibits the employment

and use of child labor and safeguards employees from discrimination. Glodon

promotes and protects fair labor practices by ensuring that all compensation meets or

exceeds the statutory minimum wage standard in every country and region where it

operates. As part of its risk management system the Company also proactively

conducts human rights risk assessments and implements human rights due diligence

across its operations business activities and value chain to identify potential risks and

avoid involvement in human rights violations.

76Glodon is dedicated to fostering a diverse inclusive and equal workplace. The

Company actively recruits talent from a wide range of regions cultural backgrounds

genders and age groups and respects the traditions and culture of all regions and ethnic

groups. In 2024 among newly hired employees 63% were male and 37% were female

including individuals from 11 ethnic minority groups such as Manchu Hui Mongolian

Zhuang Miao Yi and Tujia. Glodon strictly prohibits all forms of harassment as

outlined in the Employee Code of Conduct and the Employee Code of Conduct Red Line

Policy. Moreover a dedicated Sexual Harassment Investigation Committee has been

established supported by internal reporting and investigation procedures to ensure all

violations are subject to strict disciplinary measures thus providing a safe respectful

and inclusive working environment for all employees.Glodon actively supports employment for persons with disabilities by offering

standardized labor contracts in accordance with legal requirements and assigning

suitable positions based on their physical condition assessments. It ensures wages are

fully paid on time and not lower than the local minimum wage standards with social

insurance provided under local laws. Based on the role characteristics the Company

promotes flexible employment options such as remote work and flexible hours

depending on job requirements. It also guarantees equal access to development

opportunities by providing long-term employees with disabilities a clear path of career

development under a unified performance evaluation and promotion standards. In

addition all forms of discrimination are strictly prohibited. As of 2024 Glodon had six

long-term employees with disabilities.The Company actively advances the localization of its overseas operations and has

introduced the Overseas Recruitment Management Policy to strengthen labor

compliance management across its international subsidiaries in strict adherence to laws

and regulations of the host countries and applicable international conventions.In 2024

A total of 8463 employees including 408 from ethnic minority

Hired 787 new employees of which 150 were recruited through campus

recruitment and 637 through social experienced hiring

100% of labor contract signing rate

100% of social insurance participation rate

77Employee Gender Employee Age Employee Educational

Distribution Distribution Background

308532

34274%6%1746

40%21%

2917

34%

5036

60%5238

62%

6185

73%

Male Female 35 years and below Master’s degree and above

35–45 years Bachelor’s degree

Over 45 years Associate degree and below

2. Providing Employee-Centric Benefits

Glodon stays committed to fostering an environment in which outstanding talent

can thrive both professionally and personally. The Company continuously enhances its

compensation and performance management systems and in 2024 updated

its Compensation Management Policy through frequent engagement with employee

representatives during the revision to ensure a scientific and reasonable compensation

structure. This process makes sure that employees’ rewards match their contributions

further stimulating their motivation and creativity at work. Glodon has also continued

to refine its multi-level medium- to long-term incentive mechanisms implementing

such dedicated plans for key personnel to attract and retain top talent. In addition a

transparent and assessable dispute resolution mechanism for compensation and

performance matters has been established allowing employees to submit inquiries or

suggestions via an online platform with a dedicated team responding within a specified

timeframe. This ensures that every employee’s legitimate concerns are respected

fostering a fair transparent and motivating working environment.The Company continues to enhance its benefits system by introducing unique

company-specific leave policies that provide employees with greater time and space for

personal reflection and exploration. The company carries out holiday care activities and

distributes rich gifts for festivals such as Spring Festival Mid-Autumn Festival and

Dragon Boat Festival. It offers rental subsidies and assists employees in applying for

public housing to alleviate their financial burdens and provides support to facilitate

household registration (hukou) procedures for eligible employees enabling them to

78focus on their career development. Glodon also rolls out the supplementary medical

insurance plans covering family members and introduces consumer loans and

preferential family interest rates to help employees meet their significant financial

needs. Special attention is also given to employees on assignment with benefits such

as home visit leave to support work-life balance in all respects. In 2024 the Company

focused on optimizing its benefits structure to better satisfy employee needs enhancing

core benefits such as health checkups with increased service coverage. Additionally

investment in health checkups increased by 50% year-on-year with per capita

investment rising by 84% compared to the previous year. The frequency and quality of

company-sponsored club activities were also enhanced with per capita investment in

cultural and recreational activities increasing by 18% year-on-year.In 2024

Total employee welfare investment: 17778600 yuan

Employee Occupational health check-up investment: 4089100 yuan

Supplemental medical insurance investment: 5.81 million yuan with 100%

employee coverage

Cultural and recreational activity investment: 372900 yuan

Holiday benefit investment: 7506600 yuan

Image: Glodon maintains close communication with employee representatives

during compensation policy revision

3. Supporting Employee Development

Glodon prioritizes building a comprehensive talent development system that aligns

with the construction industry’s characteristics and evolving business needs offering

tailored diverse training programs for different employee groups. The Company

continues to upgrade its training and development framework which integrates job

qualifications learning pathways and employee career growth with a focus on targeted

course development. It has further strengthened its internal trainer team with the

Chairman and senior executives personally delivering courses significantly improving

79training effectiveness. In 2024 training satisfaction rose to 95% and the average

training hours per employee increased by 37% compared to the previous year.For both campus and experienced hires Glodon has established a comprehensive

onboarding program for new employees. Through executive-led lectures and on-site

visits this program allows employees to experience and gain a deeper understanding of

the Company’s strategy cultures values and behavioral expectations so as to facilitate

role transitions and ensure their competence and adaptability for the role. For business

employees the Company organizes collaborative learning activities centered around

the “Customer Success” culture. In 2024 132 business-line courses achieved a

completion rate exceeding 80%. A total of 5838 employees completed all online

courses while 977 voluntarily shared their learning reflections. The Company also

offers skill development and leadership training for managerial roles organizing

General Manager training camps focused on seven key business areas. 30 newly

appointed frontline managers participated in these intensive training sessions. In

addition Glodon organizes workshops for senior executives on critical topics such as

strategy branding sustainability and supply chain management further strengthening

the talent pool essential for driving sustainable development.The Company places a strong emphasis on employee career development and

continuously refine its promotion system. Promotion opportunities are made available

on a regular basis each year and an internal mechanism of personnel flow has been

established providing employees with extensive growth opportunities and solid support

for their professional development.In 2024

Invested a total of 7.72 million yuan in employee training

35339 employees engaged in the training with a participation rate of 87.55%

The training satisfaction rating reached 95%

Image: On-site group training for new Image: Group photo of training for

campus recruits new employees recruited through

social hiring

80Image: "Customer Success" culture Image: Opening ceremony of the

co-learning and co-creation training DOD24 Leadership Training Camp

Case: The Growth of New Campus Recruits at Glodon

Supporting the smooth transition of recent graduates into the workforce is a key

priority for Glodon’s talent management. In 2024 the Company introduced the

course Entering the Workforce for the first time designed to help new hires navigate

role transitions understand behavior standards and enhance key skills. This course

successfully supported 147 campus recruits in their transition from academic

environments to the workplace.Following the initial training each department implements systematic role-

specific training based on business product and position requirements. Every new

trainee is also paired with a one-on-one mentor to accelerate their integration to the

team familiarize them with their responsibilities and work and assist with solving

difficulties. Additionally an independent performance evaluation system is then

designed based on the employee's entry and development stages ensuring objective

assessments of both training and work performance. This approach follows a

comprehensive “Teach Learn Practice Follow-up and Evaluate” training

framework and process supporting new employees through every step of their

development journey.“When I first joined as a campus recruit I was entrusted with an importantdevelopment project. Within just six months I achieved a breakthrough in 'high-

performance solar radiation analysis algorithms' and therefore received the

Company’s 'Glodon New Generation Award'. Glodon offers a vast platform with

abundant resources and opportunities. With China’s transformation and

upgrading in intelligent manufacturing increasing demands for greater

refinement and efficiency in the industry as well as the Company’s strides in

starting a new undertaking I believe that Glodon will continue to provide more

opportunities for campus recruits empowering us to challenge ourselves andachieve growth.”

— A campus recruit from the 2022 cohort at Glodon

812) Building a Healthy Workplace

The Company places human care at the heart of its values providing well-rounded

support for its employees. It has established a wide range of communication platforms

to ensure the free flow of ideas and concerns enabling employees to express their

thoughts and requests openly and smoothly. The Company carries out various employee

welfare activities to ensure every employee’s happiness at work and works

continuously to enhance their sense of belonging. Furthermore Glodon is committed

to creating a healthy and safe environment that strengthens employees' sense of security

providing comprehensive support to safeguard their well-being both at work and in

daily life.

1. Implementing Democratic Management

The Company takes solid steps to promote democratic management improving

and consolidating the mechanisms of workers’ congress unions and consultation

groups to guarantee employees’ rights to be informed to supervise and to participate

in decision-making. By focusing on major issues that matter to employees the

Company actively solicits their feedback and advice and ensures they are well-informed

and fully engaged in major decisions that directly affect their own interests. In 2024

the annual workers’ congress held in-depth discussions on material issues including

compensation benefits and performance. Additionally Glodon established a special

employee consultation group to provide festive benefits expanding the range of options

available for these benefits while integrating the Company’s cultural values and

characteristics. Employee suggestions were collected through questionnaire surveys

interviews and other methods and all employees are also entitled to vote on welfare

plans leveraging collective wisdom and joint efforts to enhance employee participation

and satisfaction. The Company conducts an annual employee satisfaction survey to gain

a deeper understanding of their needs work conditions and expectations continuously

improving their sense of recognition and belonging and fostering mutual growth

between the employees and the Company. In 2024 5829 employees participated in the

occupational satisfaction survey with nearly 5000 employees offering constructive

feedback. The satisfaction survey results showed that employee job satisfaction was

4.28 points (out of 5).

The Company also works to strengthen internal communication and provide a

variety of channels for employees to voice their concerns. It actively implements a top-

down communication system supervised by the human resources department to ensure

82that information is conveyed accurately and completely thereby reducing potential

risks arising from miscommunication. It introduced and implemented the Management

Guidelines for North G Star Forum to regulate the forum's operation and management

and ensure that employee queries and suggestions are addressed. In 2024 the

community engagement rate of the forum significantly increased with employee

participation reaching an average of 83% per month double the participation rate of

2023. Every quarter the Company holds an event called G’s Talk where executives

share business updates and the Company’s strategic direction responding to frequent

questions raised by employees so as to continuously stimulate employee cohesion and

morale. Furthermore the Company has deeply embedded the “Three Affinities” culture

(affinity with customers affinity with products and affinity with employees) with the

Chairman and senior executives regularly meeting with specific departments and

frontline employees to engage in face-to-face communication addressing business

challenges and practical needs. This ensures a smooth flow of information between

management and staff building trust and fostering a stable internal environment that

supports the Company’s growth.In 2024

132 representatives of employees attended the Workers’ Congress

42% of employees are union members

141 employee inquiries were addressed in internal forums

2. Enriching Employee Well-being

At Glodon we prioritize our employees' sense of belonging and happiness

fostering a warm and supportive workplace environment. We offer not only material

support but also emotional care. We keenly assist our employees faced with challenges

providing financial aid to them and their families along with psychological support and

practical help in their lives to overcome difficulties. In 2024 the Glodon Family Fund

received a total of 864600 yuan in donations benefiting nearly 140 employees.The Company continuously enhances its office environment by introducing

modern facilities and thoughtful spatial design to improve employee comfort and work

efficiency. Smart systems are applied to precisely control the temperature and humidity

of the offices ensuring a comfortable and pleasant working environment. The staff

canteen offers a wide range of healthy and nutritious meals. In addition facilities such

as nursery rooms gyms and libraries are available to all employees at no cost ensuring

83a considerate and convenient workplace that fosters employees’ productivity and well-

being.Glodon also organizes a wide array of cultural and sports activities to enrich

employees’ leisure time enhancing team cohesion and promoting a positive and

engaging work atmosphere. The Union Club offers popular programs such as

badminton table tennis basketball football and healthy running. Additionally a new

Yoga Club will be launched in 2025 all of which play a significant role in promoting

physical well-being and team solidarity. Events celebrating International Women's Day

are held to celebrate the achievements of women and empower female employees

delivering and promoting values that support their professional development to

strengthen their confidence and sense of belonging. The Company also organizes a

variety of traditional cultural celebrations such as for the Spring Festival Dragon Boat

Festival and Mid-Autumn Festival further enriching employees’ cultural lives.In 2024

Total donations to the Family Fund amounted to 864600 yuan

Provided care and support to nearly 140 employees and their family members

Allocated nearly 1.7 million yuan in employee assistance funding

Over 800 cultural and sports events were held

Image: Glodon organized employee Image: Glodon successfully held the

yoga training sessions inaugural “Chang’an Cup” football

competition

Image: Glodon presented flowers to Image: Glodon provided a selection of

female employees in celebration of delightful afternoon tea offerings to

International Women’s Day employees

843. Occupational Health and Safety

Glodon places a high priority on office building safety and has adopted intelligent

technologies to strengthen security. Facial recognition systems and digital visitor

registration terminals are deployed to manage visitor access and registration while a

tiered authorization system is implemented for access control. Regular safety

inspections are also carried out across heating ventilation and air conditioning systems

power distribution facilities and building faades to identify and eliminate potential

hazards.Glodon has developed comprehensive emergency response plans and established

disaster early warning systems. The contingency plans cover emergency coordination

on-site handling and medical assistance while the response plans provide tailored

protocols for scenarios such as fires natural disasters and falling objects. Meanwhile

regular safety training and emergency drills—including fire safety training first aid

training and evacuation drills—are conducted.To promote employee well-being Glodon provides a wide range of health support

services and facilities. On-site wellness rooms are established and equipped with

multiple medical supplies such as smart health monitoring devices oxygen tanks

wheelchairs and first-aid medical cabinets. Free on-site medical consultations are

organized to provide employees with direct access to professional health advice. In

addition Glodon has also set up pressure-relieving and wellness spaces including

relaxation rooms and fitness areas to meet employees’ daily needs for rest and stress

relief thereby improving both work efficiency and overall quality of life.The Company maintains stringent controls to mitigate food safety risks. Measures

include internal audits a three-tier supplier management system issue-specific risk

rectification and self-inspection under the food safety testing program. The scope of

testing covers pesticide residue levels in vegetables the doneness of soymilk acid value

and peroxide level in cooking oils as well as hygiene checks on tableware and hands

of food service personnel. These procedures ensure the safety and hygiene of meals

served in the staff canteen. In 2024 no food safety incidents were reported.In 2024

100% coverage of occupational health check-up for employees

56 emergency drills conducted

Total work-related injury insurance coverage amounted to 5.25 million yuan

85Appendix

1) Key Performance Indicators

Environmental Performance3

Performance

Sub-Indicator Unit 2020 2021 2022 2023 2024

Indicator

Total Carbon

tCO2 5519.39 3515.68 3187.27 7619.234 10316.225 Emissions

Climate

Scope 1 Carbon

Change tCO / / 142.67 222.15 234.41

Emissions 2

Response

Scope 2 Carbon

tCO2 / / 3044.60 7397.08 10081.81 Emissions

Total Purchased

million kWh 5.9598 5.2546 5.3386 16.07266 16.36767

Electricity

Energy Total Natural Gas

m3 70000 49000 53000 95800 970008

Consumption Consumption

Total Gasoline

t 16.00 8.45 9.60 5.18 8.55

Consumption

Resource Total Office Paper

t 29.50 14.30 6.00 11.16 9.17

Consumption Consumption

Non-Hazardous

9 t 197.96 173.70 174.50 1169.26 1271.52 Waste Waste

Hazardous Waste t 0.50 0.56 0.04 0.56 0.41

3 From 2023 onward the scope of environmental performance statistics includes Glodon’s office buildings in Beijing Shanghai and

Xi’an. For the period from 2020 to 2022 data coverage was limited to the Beijing Headquarters Building. Glodon’s Smart Construction

and South China Headquarters in Guangzhou is scheduled to commence operations in July 2025; as such its full-year data is unavailable

and will be incorporated into the statistical scope beginning in 2026.

4 Restatement of Historical Data:

Natural Gas CO Emission Factor: Due to a unit error in the CO emission factor for natural gas in 2023 the originally applied factor

of 0.002162 kg CO/m3 has been corrected to 2.16 kg CO/m3.Electricity CO Emission Factor: The emission factor for electricity was updated in 2023 from 0.5703 kg CO/kWh (as per the Ministry

of Ecology and Environment’s Notice on Doing a Good Job in 2023-2025 Reporting and Management of Greenhouse Gas Emissions of

Power Generation Enterprises) to 0.5366 kg CO/kWh based on the 2022 power CO emission factors jointly released by the Ministry of

Ecology and Environment and the National Bureau of Statistics in 2024.Following these updates of factors the Company has revised the total carbon emissions as well as Scope 1 and Scope 2 carbon emission

values for 2023. These restatements result from updates in accounting methodologies and does not reflect an actual increase in emissions.

5 As part of the Company’s continuous enhancement of its carbon emissions accounting framework purchased thermal energy was

newly included in 2024 enabling more comprehensive coverage.

6 Restatement of Historical Data: Some electricity consumption data in 2023 had not been finalized by the reporting deadline.

Consequently previously reported values were based on estimates and have been subsequently revised to reflect actual usage.

7 The increase in purchased electricity is primarily due to the expansion of IT infrastructure. With the continuous growth of Glodon’s

AI-related business there is an increasing demand for IT infrastructure expansion the Xi’an R&D Centre Building added 37 new servers

to its IT center in 2024 leading to a 45% year-on-year increase in power consumption in the core server room. With further business growth

a growing need for IT capacity expansion is anticipated therefore the Company is concurrently implementing energy-saving initiatives for

servers to mitigate carbon emission increases.

8 The reason for the increase in total natural gas consumption is that the energy utilization of employees has

increased. Guanglada Xi'an Tower has been providing employees with dinner since the second quarter of 2023 and

has continued to do so throughout 2024. This has led to an increase in natural gas consumption but it has also

enhanced employees' sense of belonging and work efficiency.

9 The reason for the increase in the amount of harmless waste discharged is the same as that for the increase in

the total consumption of natural gas as stated in footnote 14.

86Total Water t

64862286602890410968911518710

Consumption

Total Freshwater t

644422825028474106145115187

Water Consumption

Resources Recycled Water t

42041043035440

Volume

Water Consumption t/million

11 / / / 16.81 18.57 Intensity yuan

Social Performance

Performance

Sub-Indicator Unit 2020 2021 2022 2023 2024

Indicators

Total Number of

/8213948610683103498463

Employees

Number of Male

/49105873648962595036

Employees

Number of Female

/33033613419440903427

Employees

Number of

Employees from

/457511558885409

Ethnic Minority

Groups

Number of New

Recruits During the / 2316 2784 2971 1874 787

Reporting Period

Number of Part-

///000

Time Employees

Employment Number of Full-

/8213948610683103498463

Time Employees

Number of Interns / / / 151 147 50

Number of

Employees with

//1464181020171746

Master’s Degree or

Above

Number of

Employees with / / 7146 8042 7677 6185

Bachelor’s Degree

Number of

Employees with

//876795655532

Associate Degree or

Below

Percentage of

%100100100100100

Employees Covered

10 The reason for the increase in total water consumption is the same as that for the increase in total consumption

of natural gas. Please refer to footnote 14 for details.

11 From 2020 to 2022 the data of total water consumption included only the Beijing Headquarters Building; therefore water

intensity could not be calculated during that period. Beginning in 2023 water consumption statistics have been expanded to cover

Company-owned office buildings in Beijing Xi’an and Shanghai.

87by Five Statutory

Social Insurance

and One Housing

Fund

Coverage Rate

Labor Contract % 100 100 100 100 100

Signing

Overall Employee

%19.0024.0018.0020.3523.05

Turnover Rate

Male Employee

%20.0025.0020.0021.2524.45

Turnover Rate

Female Employee

%18.0021.0015.0018.9720.90

Turnover Rate

Employee Overall Percentage

Development of Employees % 62.80 93.00 98.00 96.75 87.55

Receiving Training

Percentage of Male

Employees % 63.80 93.00 98.00 97.89 88.56

Receiving Training

Percentage of

Female Employees % 63.20 93.00 98.00 95.01 86.05

Receiving Training

Number of Fire

/2221324

Drills

Occupational

Health Checkup % 100 100 100 100 100

Coverage Rate

Maternity Leave

%100100100100100

Utilization Rate

Number of

Health and Fatalities due to

Safety / 0 1 1 0 1 Occupational

Injuries

Fatality Rate due to

Occupational % 0 0.01 0.009 0 0.01

Injuries

Number of Lost

Workdays due to

/064354193275

Occupational

Injuries

Total Number of

/107583718363246120512

Supply Chain Suppliers

Management Number of Chinese

///183632331202

Domestic Suppliers

12 The total number of suppliers decreased in 2024 due to the Company’s systematic streamlining of the supplier database.

Suppliers were removed based on the following criteria: no participation in quotation or bidding activities for three consecutive

years after the inclusion into the database; expiration of one-off cooperation agreements; or failure to meet compliance

requirements during audits.

88Number of

///0133

Overseas Suppliers

Number of

Manufacturing

Suppliers Assessed / / / / 26 0

for Environmental

and Social Risks

Percentage of

Suppliers Signing

the Corporate % / / 39.10 92.60 98.00

Social

Responsibility

Number of Supplier

////6054

Audits

Number of

Suppliers Improved / / / 17 35 39

following Audits

Number of

Suppliers

///39015

Terminated

following Audits

Number of Donors

/36483942318323051477

to the Family Fund

Total Amount of

Donations to the million yuan 1.1059 1.385 1.164 1.84 0.8646

Employee

Family Fund

Care

Number of

Employees and

/94108120135138

Family Members

Supported

Number of

Employee

/213357399283580

Volunteer

Community Participations

Engagement

Total Amount of

Charitable million yuan 5.7739 8.1731 18.3361 18.7580 1.8997

Donations

Economic Performance

Performance

Sub-Indicator Unit 2020 2021 2022 2023 2024 Indicator

Total Assets billion yuan 9.547 10.068 11.545 10.676 10.231

Operating Revenue billion yuan 3.947 5.562 6.591 6.525 6.203

Operational

Efficiency Total Profit million yuan 410 758 1078 150 310

Asset-to-Liability

%31.3137.6941.0940.2540.58

Ratio

Research and Number of Patent

/127210155138286

Development Applications

89(R&D) Number of Patents

/9418295987

Granted

Number of

Registered

/87802818558

Software

Copyrights

Number of

Registered / 65 168 78 44 55

Trademarks

Total R&D

billion yuan 1.339 1.626 1.858 1.963 1.805

Investment

R&D Investment as

a Percentage of % 33.93 29.23 28.36 30.09 29.10

Operating Revenue

R&D Personnel as

a Percentage of % 40.05 41.46 40.61 45.43 39.25

Total Employees

Complaint

Resolution Rate

%100100100100100

(User Satisfaction

Rate)

902) GRI Index

Disclosure Item Section Reference

2-1 Organizational details About Glodon

2-2 Entities included in the organization’s About this Report

sustainability reporting

2-3 Reporting period frequency and contact About this Report

2-4 Restatements of information Appendix-Environmental

Performance

2-5 External assurance Appendix-Rating Report

2-6 Activities value chain and other business

relationships About Glodon

2-7Employees Appendix-Social

Performance

2-8Workers who are not employees Appendix-Social

Performance

2-9 Governance structure and composition Enhancing Corporate

Governance

2-10 Nomination and selection of the highest Enhancing Corporate

governance body Governance

2-11 Chair of the highest governance body Enhancing Corporate

Governance

2-12 Role of the highest governance body in

overseeing the management of impacts Four-Element Disclosure

2-13 Delegation of responsibility for managing

impacts Four-Element Disclosure

2-14 Role of the highest governance body in

sustainability reporting Four-Element Disclosure

2-1 Conflicts of interest Enhancing Corporate

Governance

2-16 Communication of critical concerns Stakeholder Engagement

2-17 Collective knowledge of the highest governance

body Four-Element Disclosure

2-18 Evaluation of the performance of the highest

governance body Four-Element Disclosure

2-19 Remuneration policies Refer to Annual Report

2-20 Process to determine remuneration Refer to Annual Report

2-21 Annual total compensation ratio Refer to Annual Report

2-22 Statement on sustainable development strategy Four-Element Disclosure

2-23 Policy commitments Four-Element Disclosure

912-24 Embedding policy commitments Four-Element Disclosure

2-25 Processes to remediate negative impacts Stakeholder Engagement

2-26 Mechanisms for seeking advice and raising

concerns Stakeholder Engagement

2-27 Compliance with laws and regulations Enhancing Corporate Governance

2-28 Membership of associations Actively Advancing

Independent Innovation

2-29 Approach to stakeholder engagement Stakeholder Engagement

2-30 Collective bargaining agreements Building a Healthy

Workplace

3-1 Process to determine material topics 1)Assessment of Topic Materiality

3-2 List of material topics 1)Assessment of Topic Materiality

3-3 Management of material topics Four-Element Disclosure

203-1 Infrastructure investments and supporting Supporting Social Well-

services being

203-2 Significant indirect economic impacts Responsible Supply Chain

205-1 Operations assessed for risks related to Upholding Business

corruption Ethics

205-2 Communication and training about anti- Upholding Business

corruption policies and procedures Ethics

205-3 Confirmed incidents of corruption and actions Upholding Business

taken Ethics

206-1 Legal actions for anti-competitive behavior Upholding Business

anti-trust and anti-monopoly practices Ethics

207-1 Approach to tax Refer to Annual Report

207-2 Tax governance control and risk management Enhancing Corporate Governance

207-3 Stakeholder engagement and management of Refer to Annual Report

concerns related to tax

207-4 Country-by-country reporting Refer to Annual Report

302-1 Energy consumption within the organization Upholding Low-Carbon

Operations

302-2 Energy consumption outside of the organization Upholding Low-Carbon Operations

302-3 Energy intensity Appendix-Environmental Performance

302-4 Reduction of energy consumption Upholding Low-Carbon

Operations

92302-5 Reductions in energy requirements of products Upholding Low-Carbon

and services Operations

305-1 Direct (Scope 1) GHG emissions Upholding Low-Carbon Operations

Upholding Low-Carbon

305-2 Energy indirect (Scope 2) GHG emissions Operations

305-3 Other indirect (Scope 3) GHG emissions Upholding Low-Carbon Operations

305-4 GHG emissions intensity Upholding Low-Carbon Operations

Upholding Low-Carbon

305-5 Reduction of GHG emissions Operations

305-6 Emissions of ozone-depleting substances (ODS) Not Applicable

305-7 Nitrogen oxides (NOx) sulfur oxides (SOx)

and other significant air emissions Not Applicable

308-1 New suppliers that were screened using

environmental criteria Responsible Supply Chain

308-2 Negative environmental impacts on the supply

chain and actions taken Responsible Supply Chain

401-1 New employee hires and employee turnover Appendix-Environmental

rate Performance

401-2 Benefits provided to full-time employees that Building a High-Caliber

are not provided to temporary or part time employees Workforce

401-3 Parental leave Building a High-Caliber Workforce

404-1 Average hours of training per year per Building a High-Caliber

employee Workforce

404-2 Programs for upgrading employee skills and Building a High-Caliber

transition assistance programs Workforce

404-3 Percentage of employees receiving regular Building a High-Caliber

performance and career development review Workforce

405-1 Diversity of governance bodies and employees Building a High-Caliber Workforce

405-2 Ratio of basic salary and remuneration of

women to men Refer to Annual Report

406-1 Incidents of discrimination and corrective

actions taken No incidents reported

408-1 Operations and suppliers at significant risk for

incidents of child labor No incidents reported

409-1 Operations and suppliers at significant risk for

incidents of forced or compulsory labor No incidents reported

93414-1 New suppliers that were screened using social

criteria Responsible Supply Chain

414-2 Negative social impacts in the supply chain and

actions taken Responsible Supply Chain

417-1 Requirements for product and service Building Excellence in

information and labeling Quality

417-2 Incidents of non-compliance concerning

product and service information and labeling No incidents reported

417-3 Incidents of non-compliance concerning

marketing communications No incidents reported

418-1 Substantiated complaints concerning breaches

of customer privacy and losses of customer data No incidents reported

943) Terminology Interpretation

The Ninth Three- It refers to Glodon’s ninth three-year strategic plan

Year Strategy covering the period from 2023 to 2025. Digital building refers to the industry strategy of

promoting transformation and modernization of the

construction industry with information technologies such

as BIM cloud computing big data IoT mobile internet

and AI. The strategy employs advanced lean construction

methods and integrates people processes data

Digital Building technologies and business systems to make all construction processes factors and stakeholders online

digital and smart. It creates a new ecosystem that

involves projects enterprises and the entire industry. By

promoting industrial innovations featuring digital design

construction and O&M approaches Glodon aims to

improve the industry and achieve the goal of making

every project a success. A methodology driven by digitalization and engineering

data integration establishing a unified collaborative work

model encompassing the whole process all design

factors and all participants involved in the design phase.This approach facilitates pre-simulation of construction

and operational scenarios during the design phase

Digital Design enabling fully digital prototypes and integrated delivery

solutions. Its objectives include enhancing design

efficiency fostering project collaboration expanding

enterprise operations improving industry supervision

and regulation and ultimately empowering the digital

transformation and advancement of the design sector

ensuring the success of every engineering project. BIM refers to Building Information Modeling a

modeling approach that leverages diverse construction

BIM

project-related information and data as the foundation for building models enabling the simulation of real-world

building information through digital means. CIM refers to City Information Modeling it is an

integrated modeling approach grounded in technologies

CIM such as Building Information Modeling (BIM)

Geographic Information Systems (GIS) and the Internet

of Things (IoT). CIM synthesizes multi-dimensional and

95multi-scale city model data incorporating above-ground

and underground indoor and outdoor historical and

future data along with urban perception data to establish

a comprehensive and sound city information complex

within a three-dimensional digital space. SaaS means Software-as-a-service which is an

innovative software application model where vendors

host application software on servers allowing customers

SaaS to subscribe to tailored application software services

based on their specific needs. Customers may pay fees

corresponding to their subscribed services and duration

receiving related services in return. BUG means software defects which refers to problems

BUG errors or hidden functional flaws present in computer software or programs impeding their normal operation

and potentially damaging users’ demands and experience. Artificial Intelligence (AI) represents a burgeoning

technology dedicated to studying developing and

AI applying theories methodologies technologies and

application systems aimed at simulating extending and

augmenting human intelligence. The entire lifecycle of engineering project encompasses

the whole process of construction project from the

Engineering project approval to its completion utilization and

Project Lifecycle eventual obsolescence. This lifecycle typically spans the phases including feasibility analysis design tendering

(trade or purchasing) construction operation and

maintenance and project demolition.

964) Reader Feedback

Dear Reader

Thank you for reading the 2024 ESG Report of Glodon Company Limited.We sincerely welcome your feedback on this report and on Glodon’s sustainability

efforts. Your comments and suggestions are highly valued and will be carefully

considered and handled with the utmost confidentiality. Please rest assured that all

feedback will not be disclosed to any third parties.We look forward to hearing from you!

Scan the QR code to share your suggestions and insights with us!

97www.glodon.com/en/

Making Every Project A Success

This report is made of

biodegradable recycled paper