Stock Code: 002531
Sustainability Report
Titan Wind Energy (Suzhou) Co. Ltd.CONTENTS
Report Preparation Statement 01
Governance Environment Appendice 56
Chairman’s Message 02
Indicator Index
Sustainability Management 08 Addressing Climate Change 32 56
Feedback
About Titan Wind 03 Corporate Governance 14 Ecosystem and Biodiversity Conservation 36
58
Compliance Management 17 Environmental Compliance Management 38
Company Profile 03 Business Ethics 19 Emissions and Waste Management 39
Development Strategy 04 Resource Utilization 41
Industrial Layout 05
Development Journey 06
Operations Society
Innovation-driven Development 21 Employee Rights and Benefits 44
Product Safety and Quality 24 Employee Training and Development 48
Customer Service 27 Occupational Health and Safety 51
Supply Chain Management 28 Social Contribution and Rural Revitalization 55Titan Wind Energy (Suzhou) Co. Ltd. (referred to as “Titan Wind” or “we”) has released its sustainability report
Report Preparation Statement for four consecutive years comprehensively disclosing the company’s sustainability philosophy actions and performance. This aims to enhance stakeholders’ understanding of our environmental social and governance
(ESG) management and foster collaboration for mutual benefit.
Reporting Period Report Access
The statistical timeframe for the information in this report is from Jan. 1 2025 to Dec. 31 2025 with some data This report is published in electronic form. For
and content extending beyond this period. details please refer to the designated information
disclosure platform of the stock exchange Cninfo
(http://www.cninfo.com.cn).Reporting Scope
Titan Wind and its wholly-owned/controlled subsidiaries in the infrastructure development phase or already
operational (collectively referred to as the “Company”). Contact Information
Data Sources If you have any suggestions regarding this report please contact us through the following methods:
The information in this report is derived from internal company data interview records and relevant
documents. It has not been subject to third-party assurance audits and is provided for investor reference only.Due to differences in statistical calibers some historical data may have been adjusted in this report. In case of
discrepancies this report shall prevail.Unless otherwise specified the currency used for monetary measurements is Renminbi (RMB). Address: Tower T3 Raffles City 1193
Changning Road Chang ning District
Shanghai
Tel.: 021-52310067
Basis of Preparation
Email: public@titanwind.com.cn
This report has been prepared with reference to rules and guidelines including the Shenzhen Stock Exchange
Self-Regulatory Guidance No. 3 — Preparation of Sustainability Reports the Shenzhen Stock Exchange
Self-Regulatory Guideline No. 17 — Sustainability Reports (Trial) and the United Nations Sustainable
Development Goals (SDGs).
01Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Chairman’s Message“ Striding through vast winds our steps are broad and steady;Cutting through waves our ambition remains unbreakable.With one heart we dream and climb to greater heights;
With combined strength we set sail for a brilliant future.
2025 marks a pivotal year for Titan Wind Energy to expertise and a profound brand heritage Titan Wind
anchor its course and strive for breakthroughs. has solidified its strategic layout of "New Energy
Facing profound adjustments in the industry Equipment Manufacturing and Zero-Carbon
landscape we have forged ahead with determination Industrial Development." Navigating the course of
amidst the challenges of transformation. Upholding high-quality development we are now poised to
a pragmatic commitment to "deep engagement" we seize unprecedented opportunities for growth.have continuously deepened organizational reform
and focused on "digital delivery" optimizing our At this moment the winds are strong and the tide is
governance structure to enhance collaborative rising; it is time to paddle with all our might and
efficiency. Meanwhile we are accelerating the strive to lead. In the coming year let every member
implementation of our "Offshore + Overseas" of the Titan Wind family use our past achievements
strategy fostering synergistic clusters across our as a stepping stone. With a spirit of pragmatism and
global offshore engineering bases to lay a solid a will to advance we shall bravely ride the wind and
foundation for global market expansion. brave the waves. We will keenly capture industry
opportunities turning our development blueprints
Looking ahead the horizon brightens with promise into solid performance and our targets into tangible
and the path forward invites confident strides. results. We also look forward to continuing our
Driven by the deepening national "Dual Carbon" journey hand-in-hand with all partners. With unity
goals and a growing global consensus on low-carbon and a shared vision for win-win outcomes let us
development the magnificent panorama of the build dreams and embark on a magnificent journey
offshore wind industry's golden era is unfolding along the vast course of green development
propelled by the strong tailwinds of green co-writing a magnificent chapter in the era of
transformation. Leveraging years of accumulated low-carbon transformation.Junxu Yan Chairman of Titan Wind Group
02“Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society AppendicesAbout Titan Wind
Company Profile 2010
Titan Wind Energy (Suzhou) Co. Ltd. was established in Suzhou in 2005 and listed on Listed
Shenzhen Stock Exchange in 2010(stock code 002531). At present Titan wind grows into a
world leading supplier of wind energy related equipments as well as a onshore wind power 2005 Investor Developer and
assets operator in China. Set up Operation Service Provider
for New Energy
As of 2025 Titanwind obtains three onshore wind power equipment manufacuring bases
plus eight yards for offshore wind power EPC projects distributed in China and Europe.In Global Leading
the future the Company will continue to deepen its presence in new energy equipment Manufacturer of Wind
manufacturing and vigorously expand new energy project developments. Power Equipment
Corporate Culture
Mission Vision Values不止创造致力于新能源的智能发展目标驱动躬身入局美化环境成为全球领先的新能源企业数字交付创造价值
Growing Titan Green World Global Clean Energy Leader Target-Driven
Committed to Smart Hands-on
and Green Power Digital Delivery
Value-Creation
03Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Development Strategy
Offshore Engineering
Offshore Wind Foundations Equipment (Oil & Gas Vessels) Green Hydrogen:
Manufacturing Electrolysers & Vessels
New Energy Equipment Dual-engine Development of
Manufacturing Drive Strategy Zero-carbon Industry
Wind Farm Development Construction Operation and Green Electricity Trading Wind Energy Technical Services
04Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Industrial Layout
Offshore Engineering Equipment Base:
1 Sheyang Base 2 Nantong Base 3 Zhangzhou Base 4 Jieyang Base
5 Shanwei Base 6 Yangjiang Base 7 Beihai Base 8 German Base
Onshore Wind Power Equipment Base: Onshore Wind Farm:
1 Northeast Regional Base 2 North China Regional Base 3 Central China Regional Base Hami Xinghe Heze Zhanhua Xuancheng Hanchuan Puyang Nanyang and other wind farms
05Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Development Journey
Officially established in Suzhou. Completed and Listed on the
operationalized the Shenzhen Stock
first wind ower Exchange with
Initial Exploration Phase factory in Taicang stock code 002531.
（2005-2010） securing orders from
international clients
like GE and Vestas
initiating strategic
partnerships.
200520062010
Completed the layout Acquired Germany’s Ambau and Jiangsu Laid the foundation for the Changshu Blade Factory Commenced construction of the Hami Wind Built the world’s
of domestic core bases Changfeng entering the offshore wind the company’s first large-scale international wind Farm officially grid-connected in Jul. 2016 largest single-unit
initially establishing power equipment manufacturing sector. turbine blade production base. As a leading marking Titan Wind’s transition from a pure tower factory in
eight major production composite materials R&D and manufacturer it wind tower and component manufacturer to a TaicangPort Area
bases. encompasses three business segments: composite wind farm operator diversifying its business with the group’s
structural components composite molds and model. core product
pultruded panels synergizingwith the company’s capacity exceeding
wind tower and wind farm development operations. 500000 tons. Development and
Obtained ISO3834 Adjustment Phase
International （2011-2020）
Welding System
Certification.
20202019201620152013
Strategically expanded into hydrogen energy actively Explored green Commenced construction of the Steadily advanced the
investing in hydrogen fuel cell R&D AEMwater power trading and Germany Base to accelerate the implementation of the
electrolysis hydrogen production technology and green certificate overseas expansion. "Land-to-Sea" strategic
Transformation and promoting integrated off-grid/on-grid hydrogen trading to advance layout deliveredUpgrading Phase production and refueling application scenarios. the “Carbon offshore engineering
（2021-2025） Peaking and projects steadily andCarbon Neutrality” achieved new record
dual-carbon highs in installed green
strategic goals. power capacity and
power generation.
2023202320242025
06Governance:
Proceed steadily to achieve long-term success
and solidify the foundation of business operations.Sustainability Management
Corporate Governance
Compliance Management
Business Ethics
07Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Sustainability Management
Sustainability Governance Structure
Under the leadership of the Board of Directors the company has established a three-tier ESG governance system spanning governance management and execution levels.Board of Strategy and Sustainable
Directors Development Committee
Responsible for decision-making Review and supervise the company’s sustainable
on major ESG matters development matters including objectives planning policies
Governance organizational implementation risk assessment performance
information disclosure and other related matters
ESG Management
Roles
The Group Headquarters has designated ESG management roles to guide each business unit in
Management establishing and optimizing ESG management systems
Relevant Departments in
Business Units
Each business unit and its subsidiaries implement ESG initiatives to continuously
Execution enhance the company’s sustainable development capabilities
08Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Stakeholder Engagement
The company adheres to the principle of transparent operations committed to establishing long-term and stable communication mechanisms with all stakeholders. Through
periodic or ad-hoc due diligence activities such as stakeholder interviews surveys and dialogues we thoroughly understand stakeholders’ demands and opinions on key issues
respond to their needs via diverse channels and strive to achieve mutually beneficial collaboration.Emissions and
Protection of legal waste
Sustainable growth rights management
shareholder returns compensation and High-quality Low-carbon Transparent biodiversity
standardized benefits career products and development tax procurement conservation
Key Expectations governance risk development paths services compliance contractual water resource
prevention information safe and healthy information lawful and integrity Industry management Transparent
disclosure investor working security and compliant supply chain collaboration rural information
relations management environments privacy protection operations security product innovation revitalization disclosure
Stakeholders
Shareholders and Employees Customers Governments and Partners and
Industry Associations/
Investors Regulatory Bodies Suppliers Peers/Academic Communities Media 媒体Institutions
Shareholder Employee Customer service Official Contracts and Industry - academia - Pollution Media interviews
meetings conferences factory support documents and agreements research reduction and coverage
Communication Channels company affairs transparency satisfaction reports supplier collaborations initiatives public
announcements employee handbooks surveys contracts regulatory filings evaluations and industry forums and welfare activities
investor and training and agreements and approvals management exchanges
communications performance license and
evaluations and permit
satisfaction surveys applications
09Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Communication Activities
In October 2025 Titan Wind Energy participated in the China
International Wind Power Conference in Beijing under the theme
"Harness the Wind Pioneer the Sea" conducting a three-day series of
in-depth stakeholder engagement activities.During the exhibition the company’s booth received over 1000 domestic
and international clients. Through face-to-face discussions in a roundtable
format Titan engaged in direct dialogue on topics including its global
offshore operations system mold manufacturing technology the
cutting-edge Gazelle floating wind technology and supply chain solutions
actively listening to partners’ insights. Meanwhile the company adopted an
integrated online-offline approach—its live-streamed sessions attracted
significant audience interaction effectively expanding the reach of its
communication.To further deepen industry dialogue Titan Wind Energy hosted four
thematic sharing sessions over the three days. Focusing on highlights such
as the offshore debut and supply chain collaboration the company explored
future trends in wind power with global partners promoting technological
exchange and resource integration across the industry.Through extensive interactions with over 1000 clients from China and
abroad as well as a series of professional events the company further
strengthened mutual trust with its stakeholders and built consensus for
sustainable development.In 2025 Titan Wind Energy officially became a member of the China Chamber of
Commerce to the EU (CCCEU) marking a new phase in the company's international
compliant operations. Joining this platform enables the company to stay abreast of EU
policy and regulatory developments and deepen communication and collaboration with
stakeholders across China and Europe. This move not only demonstrates the company's
high regard for and adherence to international rules but also lays a solid foundation for better
integration into local markets and enhancing our global compliance management standards.
10Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Material Issues
Issue Identification and Analysis
During the reporting period we conducted materiality issue identification and analysis. By evaluating
two dimensions-impact materiality and financial materiality-we determined the dual materiality level
of each issue. This process helps clarify ESG improvement priorities and key tasks for the company
while better addressing stakeholder expectations.Step 1 Step 2
Stakeholder Identification: Identify the Issue Identification: Through international
company’s business activities operational standards SZSE regulations peer
context and key stakeholders; benchmarking major ESG ratings media
monitoring and stakeholder engagement
identify issues highly relevant to the company;
Step 3 Step 4
Issue Assessment: Evaluate the materiality of Materiality Confirmation: Finalize material
each issue through stakeholder consultations issues based on stakeholder evaluations
and internal interviews with departments industry trends the company’s development
focused on environmental social and strategy competitive priorities corporate
governance topics. values and operational management.
11Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Conclusion of Double Materiality Assessment
By integrating stakeholder engagement due diligence results peer benchmarking and operational Environmental Issues
realities the Company has identified and screened 16 sustainability topics. Following the
assessment 5 topics were determined to be of double materiality 3 of financial materiality only 7 of
Addressing Climate Emissions and Waste
impact materiality only and 1 topic was found to have neither financial nor impact materiality. 1 Change 4 Management
Environmental Compliance
2 Management 5 Resource Utilization
Has impact materiality but lacks financial materiality Has both financial and impact materiality 3 Ecosystem and Biodiversity Conservation
Very
Important 2 Environmental Compliance Management 9 Innovation-driven Development
4 Emissions and Waste Management 10 Product Safety and Quality
Resource Utilization Addressing Climate Change Governance Issues5 1
3 Ecosystem and Biodiversity Conservation 7 Compliance Management
6 Corporate Governance 8 Business Ethics
13 Employee Rights and Benefits 8 Business Ethics
15 Occupational Health and Safety 7 Compliance Management
Importance to 12 Supply Chain Management
Economic
Social and
Environmental Social Issues
Impact 16 Social Contribution and Rural Revitalization 11 Customer Service
14 Employee Training and Development Innovation-driven
9
Corporate Governance Development
13 Employee Rights and Benefits
6
Employee Training and
10 Product Safety and Quality 14 Development
11 Customer Service 15 Occupational Health and Safety
Social Contribution and
12 Supply Chain Management 16 Rural Revitalization
Lacks both financial and impact materiality Has financial materiality but lacks impact materiality
Not Important Impact on Corporate Finances Very Important
12Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Sustainability-Related Ratings
Included in the Hang Seng Corporate
Sustainability Index Series for Four 12 Subsidiaries have Obtained
Consecutive Years High-tech Enterprise Certification
Included in the S&P
Sustainability Yearbook China
Edition for Three Consecutive Years
Ranked among the Global Top 500
New Energy Enterprises for Multiple
Consecutive Years
13Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Corporate Governance
Corporate Governance Structure
As the highest authority it makes decisions on
Titan Wind strictly adheres to laws regulations and regulatory documents such as the Company Law the Shareholders’ major matters such as refinancing and profit Meeting
Securities Law and the Corporate Governance Code. During the reporting period the Company reformed its distribution.governance structure by abolishing the Board of Supervisors and transferring its supervisory functions to the
Audit Committee. Additionally the Company revised the working rules for the Board Secretary the General
Manager various Special Committees the Board of Directors and the Shareholders' General Meeting to Responsible for convening Shareholder Meetings
standardize performance and comprehensively enhance corporate governance standards. executing Shareholder Meeting resolutions and
managing information disclosure.The Company has established a sound and effective governance framework comprising the Shareholders’ The Board of Directors has established special
General Meeting the Board of Directors various Special Committees and Senior Management. By Board of committees each of which performs its duties in
continuously promoting standardized operations across all departments the Company effectively ensures the Directors
fairness and scientific validity of governance decisions. accordance with the law operates independently from management and other interest groups and
Shareholders’ Meeting provides strong support for the board's scientific
decision-making.Board of Directors Assuming the functions of the Board of Supervisors
Audit reviewing and regulating the company's financial
Committee status internal controls and major matters fulfilling
Strategy and its oversight responsibilities.Compensation
Audit Committee SustainableDevelopment and Evaluation
Nomination
Committee
Committee Committee Implements resolutions from the Board and
Management Shareholder Meetings driving business growth
Management Structure and internal management.Structure
Shareholder Meetings: 3 held 39 proposals reviewed Committee Meetings: 18 held 64 proposals reviewed
Governance
Performance for 2025
8 64 Compliance training hours for directors supervisors Board Meetings: held proposals reviewed and senior management 38 hours
14Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Board Diversity
To optimize governance structure the company emphasizes board diversity independence and effective performance. In accordance with the Rules of Procedure for the Board of
Directors board members are nominated elected and appointed based on factors such as age gender educational background professional qualifications industry experience and
employee rights to meet the needs of all business segments. As of the end of the reporting period the Board comprises 7 members.Diversity composition of the Board:
Gender Roles Appointed Age Education
6 Independent Non-Executive 3 1 Below Bachelor's Male Directors 30-40 years Degree 1
Female 1 Executive Directors 2 40-50 years 4 Bachelor’s Degree 2
1 Master’s Degree Non-Executive Directors Over 50 years 2 or Higher 4
Employee Director 1
Shareholder Rights Protection
To safeguard shareholder rights the company convenes annual Shareholder Meetings in compliance with regulatory requirements and the Articles of Association. Voting is
conducted through a combination of online and on-site methods to ensure equal treatment of all shareholders. For major matters impacting minority investors the company
separately counts votes from minority shareholders to guarantee their effective participation in decision-making and full protection of their legal rights.The company has formulated the Shareholder Dividend Return Plan for the Three-Year Period (2026-2028) and is actively executing a profit distribution plan centered on cash
dividends. Cumulative dividends for the years 2023 and 2024 amounted to RMB 170 million (excluding the amount of repurchased shares that have been cancelled).
15Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Compliance Information
Disclosure Transparent Investor Communication
In conducting information disclosure the In enhancing investor communication the company actively engages in extensive communication with various institutional investors
company strictly complies with requirements including securities firms public funds private investment institutions foreign-invested institutions and insurance companies as well as retail
such as the Rules Governing the Listing of investors ensuring they can timely and effectively access corporate information to provide a solid foundation for investment decisions.Stocks on Shenzhen Stock Exchange and the
Information Disclosure Management System During the reporting period the company established a diversified communication system covering hotline email the corporate website the
carrying out information disclosure activities in “InteractEase” platform (SZSE’s investor interaction platform) annual performance briefings and roadshows strengthening two-way
a truthful accurate complete timely and fair communication with investors especially retail investors. For issues widely concerned by investors the company has continuously enhanced
manner. The company discloses all information the relevance readability and transparency of announcement interpretations and communication responses helping the market better
that may have a material impact on the understand the company’s business logic and long-term value in a more comprehensive and objective manner.decision-making of shareholders and other
stakeholders through the information disclosure
platform designated by the Shenzhen Stock Investor relations performance in 2025 Earning briefings held
Exchange.
3 Engaging with investors through other channels such as telephone
email and IR activities.Announcements Issued in 2025:
128 Esponses on doni 516platorm irmninoomn
178
16Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Compliance Management
Compliance Risk Management
The company strictly complies with laws such as the Company Law of the People’s Republic of China and the Securities Law of the People’s Republic of China. Internal
management systems including the Risk and Opportunity Management Control Procedures and Internal Audit Management Regulations have been established to build a
risk management framework aligned with the company’s growth. This framework clarifies risk management policies and processes to address internal and external risks
ensuring operational resilience.Risk Management Structure Risk Management Process
The company has established a top-down risk The company has developed a risk management system to thoroughly identify risks and opportunities during
governance structure. The Board of Directors operations. Management measures are formulated to address risks and seize opportunities followed by
appoints the General Manager and the Risk implementation of controls to eliminate or mitigate adverse impacts enhance positive effects and improve
Management Center to oversee legal/compliance operational efficiency to achieve business objectives.risk management. The Audit Committee is
responsible for reviewing the effectiveness of
comprehensive risk identification assessment Performance
internal management and monitoring procedures.Risk Quantify the uncertainty of risks and
Identification potential losses In 2025 auditors
Board of issued an Internal
Directors
Control Audit Report
Audit Committee
Risk with an unqualified
General Assessment Evaluate the severity and frequency of risks opinion.Manager
Risk Management Risk Implement measures based on
Center Response assessment results
Business Units Risk Monitoring and Ensure effective execution
Improvement of risk mitigation measures
17Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Information Security and Privacy Protection
Information and data are among the company’s most valuable assets. The company has established a series of information security management systems to protect critical
information and assets from unauthorized access leakage destruction and interference. These systems also strengthen employee awareness of information security and ensure
normal business operations.Information Management Structure Information Security Policies Seven Core Operational Measures
Information Security Info Classification Clearly define asset classifications and apply tiered
Management Committee & Protection protection strategies.* Unified CommandManagement Priority
Adhere to the principle of least privilege and
Prevention Driven
Information Security Office Access Control ensure full awareness and compliance across all * Accountability EnsuredCore employees.Principles
Focus on Protection
* Security in Balance System Security Prevent unauthorized access sabotage and data breaches.Information Security
Performance
Full participation
* Keep Improving
Backup and Recovery Mitigate risks from accidents disasters and 2025 operational errors.Security Audit Coverage:
Emergency Response Cross-functional teams + Regular drills + 100 Continuous optimization%
*Comprehensive RiskManagement Management
Employee Conduct Regulate daily operations to build a secure Data Breach: Philosophy *Compliance Assurance workplace.
0 Assess the effectiveness of controls propose
Audit & Compliance improvement measures and ensure continuous
optimization of the system.
18Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Business Ethics
Performance
The company upholds fair and equitable operations adopting a zero-tolerance stance toward unethical
practices such as corruption favoritism and unfair competition. Anti-Unfair Competition Litigation Cases in 2025: 0;
Anti-Bribery and Anti-Corruption
We strictly comply with laws and regulations such as the Criminal Law and the Interim Provisions on Prohibiting
Commercial Bribery as well as the company’s Code of Conduct and Ethics. We oppose any form of corruption or Action Performance in 2025
bribery requiring all employees and business partners to act with integrity. Anti-corruption and anti-bribery training
programs are conducted to strengthen employees’ ethical awareness and foster correct business ethics.Anti-Corruption and Bribery Litigation Cases: 0;
Integrity risk control measures:
Supplier Integrity Commitment Signing Rate: 100%;
Policy Through signed commitments or contractual clauses the company mandates
Standards clients partners suppliers and other stakeholders to prohibit obtaining business
Employee Integrity Commitment Signing Rate: 100%;
through illegal or unethical means ensuring fair market competition.Regular compliance training is delivered via multiple channels to ensure Anti-Unfair Competition
Training and employees understand and adhere to the Code of Conduct and Ethics. Topics
Communication include compliance operations anti-bribery anti-unfair competition
whistleblowing disciplinary actions and improvements. We advocate fair trade and avoid any abuse of market
dominance or actions that harm free competition. We
respect and comply with laws such as the Anti-Unfair
Prevention Mechanisms: Employees must sign an Integrity Commitment Letter Competition Law Anti-Monopoly Law and Regulations
and undergo training before onboarding. All suppliers shall sign contracts with on Prohibiting Abuse of Market Dominance to regulate
integrity clauses and are subject to supplier performance management. the company’s anti-fair competition.Mechanisms Disciplinary and Protection Mechanisms: The company’s Whistleblowing
Investigation Management Regulations and Internal Audit Management
Regulations ensure strict handling of reported violations. Whistleblowers are Whistleb
rewarded proportionally based on recovered economic losses. lower Email: jubao@titanwind.com.cnChannel
19Operations:
Customer-centric forging exceptional quality.Innovation-driven Development
Product Safety and Quality
Customer Service
Supply Chain Management
20Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Innovation-driven Development 6 Advanced SmartLaboratories 2 Factories
The company focuses on refining its R&D management system ensuring clear norms and standards for Provincial-level National Innovative
R&D projects. It optimizes innovation incentive mechanisms and builds a multi-tiered motivation system 2 Green Factories 8 SMEs
to transform R&D capabilities into market competitiveness. Through continuous product innovation the
company meets evolving market demands.
12 National Specialized Refined High-tech and Distinctive Enterprises 7 "Little Giant" Enterprises
Intellectual Property Management
6 Engineering and Provincial-level Technology 4 Industrial Enterprise
Total number of Invention Research Centers Technology Centers
Intellectual Property: Patents: R&D Personnel Composition:
354 56 84 60 Council Member of Jiangsu Province Renewable Energy Industry Association
Below Bachelor’s Degree
Education
(Persons) Bachelor’s Degree
New Patents Added in 2025: Master’s Degree or Higher
3111
Process Technologies Improved 22 40
in 2025:
42 Under 30
Age 30-40
(Persons)
Total R&D Personnel in 2025: Over 40
15593
Laboratory Showcase
21Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Innovation-driven Cases
Research and Application of U-Groove Narrow Research and Application of Medium-Frequency
Case Gap Twin-Wire Submerged Arc Welding for Case Electromagnetic Induction Heating Process for
Large Offshore Wind Monopile Foundations Welds in Wind Power Steel Tubular Piles
With the trend towards larger offshore wind Medium-frequency electromagnetic induction heating technology
turbine models and monopile foundations generates an alternating magnetic field through an electromagnetic
Titan Wind Energy is leading the project induction module composed of electronic circuit boards. When a
titled "Research and Application of ferromagnetic steel tubular pile is placed within this field the
U-Groove Narrow Gap Twin-Wire surface of the pile cuts across the alternating magnetic flux lines
Submerged Arc Welding Process for Large inducing alternating currents (i.e. eddy currents) in the metal base
Offshore Wind Monopile Foundations." By material of the pile. These eddy currents cause the iron atoms at the
designing a narrow gap U-groove to reduce base of the steel pile to move rapidly in a random manner with
the groove filling area welding consumable atomic collisions and friction generating thermal energy. This
consumption is minimized. Simultaneously process effectively heats the weld area of the steel tubular pile
the development of the narrow gap meeting the requirements for pre-weld preheating. Since the heat is
twin-wire submerged arc welding process generated internally within the steel pile itself the thermal
has significantly improved welding conversion efficiency is exceptionally high—up to 95%—making it
efficiency. As a result welding consumable a direct heating method. By designing optimized heating modules
usage is reduced by 30% while welding lifting trolleys and integrating the heating and control systems the
efficiency is increased by 60%. innovative medium-frequency electromagnetic induction heating
process for wind power steel tubular piles has achieved a 60%
increase in heating efficiency and a 35% reduction in energy
consumption. This technological advancement has effectively
reduced energy usage and manufacturing costs laying a solid
Research and Application of Medium-Frequency
Case foundation for the company’s promotion of green manufacturing Electromagnetic Induction Heating Hot Bending and enhanced delivery capacity for large-scale wind power
Technology for Ring Beam in Cage Assembly products.Replacing the original hydraulic cylinder
with a short-stroke pipe-pushing mechanism
the process has been innovatively improved
to a mechanical chain-driven long-stroke
bending system. This advancement reduces
the number of ring beam segments by 50%
cuts welding consumables by 50% and
increases pipe bending efficiency by 33%.Additionally the straight pipe section at the
end can be reused enabling material savings
through repeated utilization.
22Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
1 Nm3/h AEM Hydrogen Production System:
Case A Low-Cost Drawer-Type Green Hydrogen
Solution
To overcome the cost bottleneck of green hydrogen the company has independently developed a drawer-type 1 Nm3/h AEM water electrolysis system powered by
renewable off-grid electricity. This product combines the high performance of PEM with the low cost of ALK achieving a current density of >1 A/cm2 through
self-developed bipolar plate flow channels and non-precious metal catalysts significantly reducing reaction polarization. The system integrates intelligent thermal
management and gas separation modules and has passed dynamic load testing perfectly adapting to the intermittent and fluctuating nature of wind and solar power
generation. Its compact drawer-type design fills the market gap in small-scale hydrogen production providing a cost-effective green hydrogen solution for
distributed hydrogen generation residential energy storage and small-scale refueling stations effectively promoting the localization and commercialization of the
hydrogen energy industry chain.Case Material Optimization for Large-Scale Wind Turbine Blades Case
Research and Application of Intelligent Automated
Welding Technology for Piping Systems on FSO Vessels
To address the trend of wind turbine upsizing Titan Wind Energy The original piping system (pipes elbows flanges and tees)
has independently launched the "Material Optimization for was welded using manual argon arc welding combined with
Large-Scale Wind Turbine Blades" project. By introducing manual gas-shielded welding. The new process has been
high-performance composite pultruded plate technology to replace upgraded to intelligent automated welding via an automated
traditional materials the project significantly reduces the welding workstation improving efficiency by 50% and
consumption of raw materials such as resin while ensuring delivering more consistent weld quality. Automated butt and
structural strength thereby lowering the environmental impact fillet welding is applied to pipes elbows flanges and tees in
throughout the lifecycle. The R&D team simultaneously optimized the marine piping system. The welding torch is positioned
the layup design and infusion process to promote lean externally above the joint performing welding in the flat
manufacturing successfully reducing the average manufacturing position. The automated welding is achieved by rotating the
cycle per blade by 15%. This improvement has effectively reduced workpiece via the headstock of the welding machine. TIG +
energy consumption and manufacturing costs laying a solid MIG automated welding is used for circumferential
foundation for the company to advance green production and butt/fillet joints of pipe-to-tee pipe-to-flange and
enhance the delivery capability of large-scale products. pipe-to-elbow connections as well as for pipe-to-pipe
circumferential joints. The complete welding system
employs TIG + MIG welding equipment and processes.During welding all axes move smoothly with motion speed
precisely synchronized to welding parameters. The system is
easy to adjust ensuring efficient stable and reliable weld
quality.
23Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Product Safety and QualityThe company adheres to the quality management philosophy: “Serve customers with top-tier quality; prioritize safety and health; give back to society through green practices;pursue sustainable development as an industry leader”. Guided by the Quality Environmental and Occupational Health and Safety Management Manual and process-specific
quality guidelines based on different kinds of International Quality Management System we actively incorporate feedback on quality issues invest in human and material
resources and leverage automation tools to continuously refine our quality management system. This ensures the delivery of superior products to customers.Management System Certifications
Factories certified with ISO 9001 Quality
Management System ISO 14001 Environmental
Management System and ISO 45001 Occupational
Health and Safety Management System:
15
Other welding certifications:
Japanese Minister of Land Infrastructure
Transport and Tourism (MLIT) H-grade
Certification; EN 1090-1 Certificate; EN
1090-2 Certificate; ENISO 3834-2 Certificate.
EN 1090-1 Certificate EN 1090-2 Certificate EN ISO 3834-2 Japanese MLIT H-grade
Certificate Certification
24Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Quality and Safety Assurance
The company has established a framework for product safety production and quality management objectives settling clear quality targets to ensure products meet customer
requirements and industry standards. This enhances customer satisfaction while driving continuous business improvement and sustainable development.Assurance
Measures
Regular
Objective Inspections
Breakdown and Data Analysis
Professional Accountability Conduct Feedback and
Training comprehensive Improvement
Decompose periodic checks Utilize data
Provide argeted quality and safety on production analysis tools to Establish feedback
Full quality and safety objectives into processes statistically mechanisms to Reward and PenaltyParticipation Mechanisms
training for specific tasks for product quality evaluate the encourage
each production and safety achievement of
Organize all critical roles and employee
employees to personnel to
stage conditions. quality and safety suggestions for Recognize and
department and objectives reward outstanding
study and discuss enhance their improvement and expertise and individual with identify issues individuals or quality and safety continuously awareness. clearly defined promptly and teams while objectives optimize responsibilities. implement addressing
ensuring full objectives and corrective actions. management violations of understanding measures based on quality and safety and alignment evaluation regulations
outcomes.
25Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
2025 Annual Quality Month and Case Recognition of Outstanding Case Quality Improvement A3 Activity Individual Achievements
Hanchuan Wind Farm – Deputy Site Manager Hami Wind Farm – Maintenance Technician
Enforces safety regulations with iron discipline Achieved efficient repair of four wind turbine blades
achieving a record of 365 consecutive days without through high-performing teamwork at Hami Wind
accidents—setting a benchmark for quality and safety Farm.management in the region.Shayang Wind Farm – Shift Supervisor Fuchun Wind Farm – Maintenance Team Leader
Led the development of the Team Safety Operation Spearheaded the creation of quality control checklists
Guidelines which has become the mandatory standard and reporting templates for wind turbine maintenance
for equipment maintenance at the 220 kV Tianshang processes and upgraded the main shaft lubrication
Wind Farm. "Zero error" is the quality principle system from manual greasing to automatic lubrication
engraved in his heart. pump injection.
26Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Customer Service
The company consistently prioritizes customers by establishing a comprehensive customer service management system through procedures such as the Project Quality
Management Control Procedures Customer Satisfaction Evaluation Procedures and Customer Complaint Handling Process. We actively listen to customer feedback
continuously optimize services and deliver safe reliable and superior experiences.Customer Service Management
Customer
Continuous
Customer CommendationCustomized Timely Customer Product/
Needs Technical Complaint Satisfaction Service
Analysis Solutions Response Surveys Improvement
Complaint Handling Customer Performance
A dedicated customer service Business Contact Channels: Customer Satisfaction Survey Coverage:
department oversees a Clients Presented Commendation Banner in
complete complaint resolution Direct phone access to assigned 100 Recognition of Efficient Delivery Consistent account managers % Quality and Superior Serviceprocess with a 24-hour
response mechanism. This
covers receiving complaints Customer Satisfaction Rate: Complaint Resolution Rate:
preliminary analysis detailed
investigation corrective action 96.45% 100%
implementation and final client
feedback to address quality
expectations promptly. Marketing Compliance Violations: Customer Data Leakage:
00
Excellent Rating in Customer Quality Assessment
27Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Supply Chain Management
We prioritize rigorous quality control as the foundation strictly overseeing every stage of the supply chain. Through policies such as the Code of Conduct for Suppliers and
Management Procedures for Suppliers we build a stable high-quality efficient and mutually beneficial supply chain ecosystem to achieve shared growth.Sustainable Supply Chain Management System Supply Chain Management Process
Supplier Classification New Supplier
Development
Supplier Elimination of Non-compliant
Category Category Category information Review Suppliers
A B C
Desktop Supplier
Assessmen Reclassification
Key materials that directly impact BOM (Bill of Materials) items Non-BOM materials
product quality outside those of Category A
On-site Audit Non-conformityResolution
Supplier Evaluation Supply Chain Management
Non-conformity Monthly Performance
Participate in third-party audits to Resolution Monitoring
meet stakeholder expectations for
Existing Suppliers New Suppliers compliance and transparency
Tiered management Comprehensive enable product traceability and Supplier Qualification Inclusion in Approved
periodic evaluations evaluation covering ensure a stable and reliable Application Supplier List
and audit-based governance product supply chain.corrective actions environment
society operations
and supply chain.
28Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Sustainable Supply Chain Management Equitable Treatment of SMEs
The company integrates ESG principles into supplier The company fosters fair and transparent partnerships with small and medium-sized enterprise
management empowering supply chain partners to (SME) suppliers through the following measures:
enhance sustainable development practices. This serves as
a critical basis for evaluating suppliers’ comprehensive
ESG performance.Increase the procurement share allocated to SMEs and offer price evaluation
Supplier ESG Evaluation Criteria preferences;
Social Responsibility Ensure fair and reasonable contract terms with rigorous oversight of execution;
Protection of employees’ legal rights and interests.Provide technical support and training to optimize production processes and
improve product quality avoiding unilateral transfer of market volatility risks to
Environmental Protection SMEs;
Environmental management systems emergency
preparedness for environmental incidents and Focus on risk management (e.g. financial production) to ensure supply chain
prohibition of toxic/hazardous chemicals. stability and promote healthy growth.Occupational Health and Safety
Occupational health and safety management systems
adequate training provision of protective equipment
and regular health checkups.Business Ethics
Intellectual property protection trade secret
safeguards and zero tolerance for unethical gains.
29Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Supplier Key Performance Data for 2025
Total Suppliers: Core Suppliers: 7% 34%
1177233
供应链
Target Supplier Review Target Supplier Review 稳定性
Rate: Rectification Rate:
100%100%59%
Terminated Suppliers: Total Supplier Training Hours:
8 2943 Long-term Partnerships (3+ years) Long-term Partnerships (1-3 years)H
Long-term Partnerships (within 1 year)
Strengthen international technological cooperation and enhance
the competitive advantage of the floating wind power supply chain.In September 2025 Titan Offshore Engineering signed a cooperation
agreement with Gazelle Wind Power a European floating wind design
enterprise to conduct in-depth collaboration in the field of f? loating wind
energy. This partnership will effectively enhance Titan's technical
reserves and supply chain integration capabilities in the floating wind
sector. It aims to help the company build a more resilient supply chain
advantage in the global offshore engineering market and promote the
industrial application of floating wind power technology.
30Environment:
Striving for green development Co-creating a beautiful homeland.Addressing Climate Change
Ecosystem and Biodiversity Conservation
Environmental Compliance Management
Emissions and Waste Management
Resource Utilization
31Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Addressing Climate Change
In 2025 the company conducted comprehensive climate scenario analysis integrating climate change into its long-term development strategy. Aligned with the TCFD
framework and international sustainability disclosure standards we systematically identified and categorized climate risks using industry best practices to better understand
and mitigate potential climate-related impacts.Physical Risks
Impact
Category Risk Type Risk Description Potential Financial Impacts Response Strategies
Heightened transportation challenges and supply chain
*disruptions; Reduced revenue due to decreased
*productivity; Establish a supply chain resilience
Increased severity of Negative impacts on work force health safety and assessment mechanism prioritizing
extreme weather *attendance; *Accelerated asset depreciation; *climate-adaptive suppliers;
events (e.g.Acute typhoons floods) Increased operational and maintenance *Physical damage to assets; *costs (e.g. insurance premiums) *Adjust outdoor work schedules;
*Elevated probability and severity of insurance claims. Use high-temperature-resistant and
*corrosion-resistant materials and
strengthen disaster-resistant
Dual risks of supply chain and operational shutdowns infrastructure at production sites;
*due to power restrictions; Revenue decline from reduced
Rising average *production capacity;Adverse effects on outdoor or work force efficiency; Develop emergency preparedness temperatures * *plans with regular risk assessments and
Increased energy consumption for temperature control *Higher production and operational cost. updates;
*(e.g. air conditioning)
Transition to green electricity to
Chronic *replace fossil fuel-based power
*Accelerated corrosion of port infrastructure;
Elevated maintenance costs and sources.Sea-level rise and *shortened equipment lifespan;
ocean acidification
*Increased destructive waves and storm surges. Reduced renewal cycles for wind power *equipment.
32Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Transition Risks
Impact
Category Risk Type Risk Description Potential Financial Impacts Response Strategies
Stricter government climate compliance Higher manufacturing costs due to Continuously monitor national and
* *requirements for existing products/services; * environmental facility operations; regional policies identify regulatory trends and integrate climate
considerations into strategic decisions;
Increased carbon pricing * Increased volatility in overall supply chain for greenhouse gas Pressure to limit capacity expansion and costs;
Policy and emissions *ensure production/operational safety; *Accelerate retirement of high-emission Legal and outdated equipment;
Regulations *Reduced service efficiency;
*High uncertainty in risk exposure.*Greater likelihood of production interruptions. *
Expedite green electricity procurement
initiatives.Higher material prices and tightening Develop recyclable high-performance
*emission regulations; *alternative materials;
Rising raw material costs Increased procurement and manufacturing * expenses.Market Sudden or unexpected fluctuations in energy
* *Accelerate development and operation of costs. wind farms.Investors and financiers showing a positive
*attitude towards corporate ESG leading to
stricter regulatory requirements; Stock price declines due to investor
Growing stakeholder *withdrawals;
Enhance ESG disclosure transparency and
*proactively address global investor
concerns over negative
Reputation feedback *Higher borrowing costs and reduced access to
expectations.*Negative ESG-related publicity harming capital.corporate reputation.
33Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Transition Opportunities
Period Opportunities Response Strategies
Stabilized supply and demand along with steady delivery prices for Proactively assess upstream suppliers and develop targeted
*raw materials in iron and steel production support stable execution *procurement strategies based on stable sales orders to secure
of the company’s new energy equipment manufacturing operations; favorable commercial terms and pricing;
Short-term (1 year)
The "14th Five-Year Plan" concluding projects in the domestic Leverage regional advantages and investment-driven approaches to
*offshore wind market is accelerating and market demand remains * lock in orders earlier optimize production scheduling enhance
stable. production line efficiency and improve land use efficiency.Volatile energy prices drive Europe's accelerated energy transition
*boosting wind power investments and fueling growth in the
company's new energy equipment manufacturing； Actively respond to Europe's energy transformation by establishing *a German offshore wind equipment base build a localized European
Strong mid-term demand for offshore wind equipment in Europe operational system covering “R&D-sales-manufacturing-service” and expedite factory construction to achieve production capacity;
Mid-term (1-5 years) *coupled with supply chain bottlenecks supports stable price increases;
*Accelerate the construction of domestic and overseas production bases expand market reach across Europe and beyond.The EU Carbon Border Adjustment Mechanism (CBAM) has
*entered the full implementation phase accelerating the transformation of global energy supply chains toward low-carbon
and localized models.*Maturation of China’s carbon emissions trading market enables Establish a dedicated carbon trading project team;profit growth through carbon credit sales; *
Emerging integrated new energy models (e.g. wind-to-hydrogen) Allocate more resources to hydrogen energy equipment
Long-term (5+ years) *drive sustained growth in zero-carbon businesses; *manufacturing;
Rapid expansion of wind farms generates growing demand for Expand into downstream wind power supply chain sectors and
*operation and maintenance services providing long-term revenue * leverage overseas infrastructure to secure breakthroughs in operation
momentum. and maintenance services.
34Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Adaptive Actions
Emergency Drill
Performance
Accelerate Expand wind farm projects and replace traditional fossil fuel-based power
Renewable Energy with renewable energy to reduce non-renewable resource consumption.Development Emergency Drills Conducted:
229
Reduce Greenhouse Technically upgrade existing environmental equipment optimize
Gas Emissions processes and recycle waste to significantly cut pollutant emissions. Participants Involved:
3018
Strengthen rapid response and recovery capabilities for emergencies and
*implement specialized safety measures and preparedness plans for extreme
Develop Risk winter weather (e.g. snow freezing temperatures strong winds).Mitigation Measures
*Secure insurance coverage for climate-related natural disaster risks.On-Site Heatstroke Emergency On-Site Typhoon and Flood Paint Spill Emergency Cold Weather Emergency
Response Drill Emergency Response Drill Response Drill Response Drill
35Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Ecosystem and Biodiversity Conservation
The company prioritizes biodiversity by protecting local ecosystems and wildlife habitats during operations strictly implementing requirements for ecological conservation
redlines environmental quality resource utilization and ecological access controls.Ecological Risk Ecological Protection
Identification Process Measures
Ecological and Design Phase Construction Phase
Environmental Risk Survey
Avoid rare and endangered species habitats marine ecological sensitive Prohibit harm to wildlife by construction personnel;
areas primary forests natural vegetation riverbanks wetlands and other
ecologically critical zones; Implement protective measures such as off-site ecological compensation
Risk Source Identification vegetation restoration and relocation of plants;
Rationally plan transportation networks and construction layouts to
minimize occupation of protective forests and regenerated vegetation Facilitate wildlife migration to suitable alternative habitats;
prevent damage to sparse vegetation and reduce impacts on local wildlife;
Impact Assessment
Post-onstruction Phase Operational Phase
Plant shrubs and sow native grass species to rehabilitate the environment; Assign dedicated personnel to manage environmental protection;
Protective Measures Remove temporary facilities restore and revegetate land based on its Monitor changes in terrestrial flora and fauna composition distribution
original characteristics and gradually recover affected animal and plant population size species diversity and habitat diversity; track vegetation
communities; restoration progress and conduct long-term monitoring of bird species
composition population distribution and migration patterns in and around
Environmental the site; and implement measures such as rescuing injured birds or releasing
Impact assessment them to minimize avian impacts.Report
Performance
Greening
Trees Planted in 2025: (including land reclamation):
13617675㎡
36Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Case Jing Shan Phase I 150 MW Wind PowerProject Bird Assessment Report
According to the Avian Impact Assessment Report for the Tianshun Jingshan Phase I 150 MW Wind Power Project the project fully reflects the company’s responsible
approach to biodiversity conservation in the development of renewable energy. To comprehensively assess the potential impacts of wind farm construction on birds
the project team conducted field surveys established 17 bird survey transects and combined these with historical data analysis. A total of 109 bird species were
identified within the assessment area including 6 nationally protected species (Level II) and 24 bird species protected at the Hubei provincial level. Scientific
evaluation confirmed that no large-scale bird aggregations for roosting foraging or migration were observed within the project area and the site does not overlap with
major bird migration corridors in Hubei Province. The report proposes a series of protective measures including optimized construction practices during the
construction phase turbine tower painting with warning colors during operation turbine operation control during migration seasons and long-term bird monitoring
throughout the project’s entire lifecycle. These measures ensure that the impacts of project development on bird populations are controllable achieving coordinated
development between clean energy utilization and ecological conservation.Schematic Diagram of Nationally Protected Bird Species Species: Grey-headed Bunting Species: Grey-headed Lapwing
Distribution in the Assessment Area Location: Leichong Reservoir Location: Duangang Reservoir
Species: Black-crowned Night Heron Species: Cattle Egret
Location: Lubandi Reservoir Location: Yuejindang Reservoir
Schematic Diagram of the Spatial Relationship between
the Assessment Area and Migratory Bird Routes in China
37
Photographs of Some Bird Species Taken during Field SurveysReport Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Environmental Compliance Management
Environmental Risk Management and Emergency Response System
The company places high importance on source control and process management of 报告期内，公司未发生任何突发重大环境事件。
environmental risks and has established a comprehensive environmental risk prevention and
emergency management system. During the reporting period the company continuously
improved its environmental management regulations formulating and implementing over 20 Major Sudden Criminal Liabilities Incurred due to
internal management procedures and operational guidelines including the System for Graded Environmental Incidents: Environmental Issues:
Control of Safety Risks and the Emergency Response Plan Management System achieving
institutionalization and standardization of environmental management. 0 0
In terms of emergency preparedness the company has strictly complied with requirements from
government regulatory authorities and completed the filing of relevant emergency response
plans for sudden environmental incidents—for example the Emergency Plan for Preventing
Marine Pollution has been filed with the local ecological environment bureau. Through regular Major Administrative Penalties Imposed by Ecological and Environmental
risk assessments and the identification and rectification of potential hazards the company Authorities or Other Relevant Departments due to Environmental Incidents:
continuously enhances its capabilities in prevention early warning and emergency response to
sudden environmental incidents ensuring that environmental risks remain under control. 0
Environmental Protection FSC Forest Management System
Investment: Certification:
RMB13088300 1 facility
Energy Management ISO 14001 Environmental Management
System Certification: System Certification:
1 facility 15 facilities
38Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Emissions and Waste Management
Greenhouse Gas Management Three Waste Management
The company’s greenhouse gas emissions primarily originate from production The company prioritizes mitigating the environmental impact of waste water
activities and purchased energy. We are committed to transforming our energy solid waste and waste gas generated during operations. We strictly adhere to
structure by reducing reliance on non-renewable energy increasing the laws such as the Water Pollution Prevention and Control Law of the People’s
proportion of renewable energy and prioritizing clean energy sources. Republic of China and the Air Pollution Prevention and Control Law of the
People’s Republic of China implementing a series of regulations to rigorously
manage all pollutants.Performance
Waste Water
CO2 Emissions (Scope 1) The company emphasizes water resource conservation and management. Our
9600.64 production facilities do not generate industrial waste water; the primary source t is domestic sewage. After treatment to meet national standards domestic
sewage is discharged into municipal pipelines or centralized treatment systems
within industrial parks.CO2 Emissions (Scope 2)
44387.77t Performance
Total Electricity Volume Participating in Market-based Trading Industrial Wastewater Discharge: Domestic Wastewater Discharge:
2371792192kWh 0m3 227799m3
39Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Solid Waste Waste Gas
A comprehensive waste management framework has been established including the Hazardous The company fully implements pollution control requirements for
Solid Waste Management Regulations and the Hazard Source Identification and Evaluation Form. equipment maintains environmental protection equipment
Annual waste management plans and detailed tracking logs ensure systematic control routine management records and conducts regular testing of exhaust
inspections and compliant disposal. The company strictly supervises waste declaration gases generated during production to ensure effective treatment.generation collection classification storage transfer and disposal to ensure that waste generated
from production and operations is properly handled thereby preventing environmental
contamination. Performance
Disposal Methods Non-hazardous Waste Hazardous Waste
Particulate Matter Volatile Organic Compounds
Third-party Recycling (t) 17349 828 Emissions: (VOCs) Emissions:
Reuse/Recycling (t) 0 0 37t 177t
Performance Major Leak Major Environmental Pollution
Incidents: Incidents:
Non-Hazardous Solid Waste Processed: Hazardous Solid Waste Processed:
17349 0 0t 828t
Noise Control
The company focuses on noise source management:
Equipment Selection Phase Construction Phase Production Phase
Prioritize low-noise Ensure robust foundations for facilities and Install noise reduction facilities enforce noise control requirements and
equipment; equipment to minimize vibration noise; conduct regular third-party noise monitoring by qualified agencies to ensure compliance.
40Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Resource Utilization
Energy Utilization Water Resource Recycling
The company strictly complies with laws such as the Energy Conservation Law. By implementing
an efficient energy management system we enhance monitoring and optimization of energy use Performance
during production to minimize waste. Simultaneously we actively promote clean energy adoption
gradually increasing the share of wind and solar power in production to reduce carbon emissions.Groundwater Consumption: Municipal Water Supply Consumption:
Performance 36052m3 279044m3
Purchased Conventional Electricity: Self-generated and Self-consumed
New Energy Electricity:
75835433kWh 102521452kWh
Case Heating System Upgrade at Titan Baotou Factory
Self-generated and Sold New Energy Electricity: Purchased and Consumed New In 2025 Titan Baotou Factory completed a "Next
Energy Electricity: Generation" upgrade of its heating system by introducing a
3665746333kWh 0 high-efficiency air-source heat pump system. Following the kWh retrofit the factory reduced heating energy consumption by
30% and increased the average winter temperature in office
buildings by 2°C achieving a dual improvement in both
energy efficiency and employee comfort.Natural Gas Consumption: Diesel Consumption: Gasoline Consumption:
2085813m3 897860L 220214L
Steam Consumption: Oxygen Consumption: Propane Consumption:
354t 3949726m3 103914m3
Acetylene
Consumption: Argon Consumption: Nitrogen Consumption: Lubricant Consumption:
419m3 24276m3 192m3 69255L
41Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Green Operations
Green Products Green Office
Energy Conservation
Do not support or use conflict metals from conflict mineral Use LED lighting indoors and solar-powered streetlights Low-Carbon regions; the design products shall be with no packaging or outdoors; set temperature limits for air conditioning; post Design with simple biodegradable and reusable packaging; energy-saving reminders; ensure lights and equipment are turned
off when not in use;
Water Conservation
Establish a Chemical and Material Blacklist to prohibit
Green substances that are carcinogenic mutagenic or toxic and Monitor monthly water usage investigate abnormal increases
Procurement strictly control material procurement to ensure compliance and implement corrective measures;
with environmental requirements;
Paper Waste Reduction
Develop new technologies and processes upgrade
Low-Carbon eco-friendly production equipment reuse waste materials Promote double-sided black-and-white printing and
Manufacturing adopt renewable energy and reduce energy consumption e-signatures; reduce the use of paper documents; achieve 100%
and greenhouse gas emissions; company-wide adoption of e-signatures;
Green Travel
Recycling Develop recycling technologies and assist wind farm Encourage employees to use shuttle buses instead of private owners in product recycling at end-of-life. vehicles; replace on-site vehicles with new energy models.
42Society:
Harmony in diversity practicing responsibility and commitment.Employee Rights and Benefits
Employee Training and Development
Occupational Health and Safety
Social Contribution and Rural Revitalization
43Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Employee Rights and Benefits
Compliant Recruitment Total Employees:1467
The company's sustainable
development relies on talent
acquisition and retention. We 276 1191 498 894 131 1336
recruit through third-party
platforms high-end talent referrals Below Bachelor's
campus recruitment internal Male Degree Han
referrals WeChat official accounts By gender By By (persons) education Bachelor's Degree ethnicity Other Ethnic and other channels. Female (persons) Master's Degree (persons)
or above Groups
We strictly adhere to the Labor 75
Law and Labor Contract Law
respect internationally recognized
labor and human rights standards
such as the ILO Declaration on 275 754 220 1187 78 138960
Fundamental Principles and
Rights at Work prohibit any form Under 30 Non-managerial
of forced or compulsory labor OverseasBy age 30-40 By job level Mid-level Managers By region eliminate any use of child labor the Mainland (persons) (persons) (persons) of China
and ensure employees participate Over 40 Senior Managers
in work voluntarily. During
recruitment and employment we 438
fully respect differences in gender
ethnicity religious beliefs and
other aspects and strive to prevent
discrimination.Labor Contract Signing Incidents Violating Labor Rights (discrimination harassment child Labor Union Membership
Rate: labor forced labor): Coverage Rate:
100%0100%
44Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Diverse Employee Communication Employee Rights and Benefits
The company employs multi-dimensional communication mechanisms to understand The company offers industry-competitive compensation including base salary and
employees' genuine needs assist in resolving practical issues and enhance employees' sense position allowances as well as performance-based pay annual leave salary year-end
of belonging well-being and cohesion through diverse employee activities. bonuses and more. The company has established benefit policies that reflect
humanistic care enhance employees' sense of belonging and foster strong cohesion
and unity.Daily Communication Staff Meetings Benefits
Minimizing hierarchical Regularly organize holiday
barriers so that employees can gatherings birthday parties
communicate directly with their employee exchange sessions
immediate supervisors team-building activities and Commuting and Communication Meal Allowances Allowances Holiday Benefits Birthday Benefits
department leaders human other events to strengthen
resources or company interaction and communication
management through various among employees. High-temperature Subsidies Maternity Gifts Wedding Gifts
Annual Health
channels. Checkup
Hospital Visit Bereavement Support for Employees
Allowances and their Families Equity Incentives
沟通机制 Free Shuttle Team-building Services Activities
Grievance Channels New Employee Mentorship Employee Cafeteria and
Accommodation
The company has established a Each new hire is assigned a
Labor Dispute Mediation high-performing colleague as a
Committee and a Labor Law mentor to provide daily work
Supervision Committee; guidance career development
Employees may submit support and psychological
opinions suggestions or counseling helping them to
complaints via phone email or adapt to the company
other means to the Internal environment understand
Audit Department Human corporate culture and integrate
Resources Department Labor smoothly into the organization. Social Insurance Enrollment Rate:100%
Dispute Committee or other
relevant departments.
45Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Harmonious Work Environment
Case Team Building Activities
46Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Case Festival Events
International Women's Day Winter Solstice
Children's Day
47Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Employee Training and Development
Career Development Management
The company has established a dual-path growth system of “Professional Track + Management Track” providing employees with clear career progression pathways. This is
supported by a scientific promotion evaluation mechanism to ensure talent development aligns closely with the company’s strategic goals.Professional Track Management Track
Position Promotion Pathways
Target Group: Target Group:
Core employees specializing in Employees with team management
technical/business roles; potential; Dual Promotion Channels
Senior Executive (General
Promotion Path: Promotion Path: Manager/Vice President) General Engineer
Hierarchy Hierarchy
Mid-Level
(Manager/Director) Chief Engineer
Junior Intermediate Senior Supervisor Manager/Director
General Engineer Chief Engineer Executive General Manager
Core Level (Supervisor) Senior Engineers
Promotion Promotion
Criteria Criteria Foundation Level
Skill Project Innovation Leadership Team Strategic
Certification Contributions Capabilities Evaluation Performance ExecutionAbility
48
Management Position
Sequence
Technical Position
SequenceReport Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Career Development Management
The company has established a multi-level multi-format talent training mechanism. By addressing annual challenges and formulating targeted plans for the following year we have
built a three-tier training system covering “new employees - junior staff - management” ensuring comprehensive development from foundational skills to strategic leadership. This
system aligns with the growth needs of all employees empowering them to enhance skills and unlock potential. Through a closed-loop management process linking training
assessment records and promotions the company ensures effective implementation of training outcomes fostering mutual growth for employees and the organization.Company-wide Training Management Training
Objective Content Target Group Content
Company overview Basic Role transition support team
New Help new hires integrate corporate culture policies Leadership Newly promoted managers management
Employee quickly and build ethical guidelines; employee
Training problem-solving techniques
Orientation
foundational knowledge conduct standards 5S
management quality
awareness
Advanced Strategic planning;
Management Mid-to-senior managers comprehensive operational
Training capabilities
Daily Enhance professional Quality tools equipment
Employee skills of current operations special
Training employees certifications
Through systematic training
enable individuals or teams to Internal Training External Training
achieve holistic improvement
Professional in career awareness behavioral Professional mindset positive Training
Competency norms and core competencies attitude teamwork and Formats
Development ultimately boosting both communication skills
personal career
competitiveness and
organizational efficiency
49Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Performance
Training Assessment Total Training Hours for All Average Training Hours
Coverage Rate: Pass Rate: Employees: Per Employee:
100% 100% 43170H 30H
Case Daily Training
Group Management Conference Quality and Safety Training
Specialized Training Online Learning Platform
50Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Occupational Health and Safety
The company prioritizes employee safety and occupational health continuously improving working conditions organizing regular health checkups and conducting safety
training and emergency drills to enhance safety awareness and self-protection capabilities.Safety ProductionAdhering to the principle of “Safety and Prevention First and Comprehensive Safety ProductionManagement” the company designates “Safety Production Month” annually. Control MeasuresActivities under the theme “Everyone Prioritizes Safety and Can Respond –Clear Pathways for Life” reinforce corporate accountability for safety
production strengthen safety management practices foster a robust safety Utilize emails posters and banners for publicity
culture and elevate safety management and engineering standards. prominently display safety-themed graphics in
Awareness factory areas organize in-depth learning sessions
Campaigns for employees on safety production laws
Safety Production regulations and internal safety policies andManagement Structure deeply instill the philosophy of “Safety andPrevention First” in employees’ minds;主要职责
Review and implement safety production
Safety responsibilities and management systems; Conduct safety knowledge competitions and
Production Skill Practice emergency drills to strengthen employees’ mastery
Committee
Supervise and inspect safety execution and application of safety knowledge;
across subsidiaries.Ensure completion of safe production Organize a thorough investigation of potential
tasks; safety hazards rigorously inspecting every
Continuous aspect—from electrical safety in office areas and Responsible the functionality of firefighting equipment to the
Departments Develop safety inspection plans and Improvement
organize safety education and training operability of emergency response plans—and
programs. promptly rectify identified issues to ensure a safer and more reliable working environment.
51Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Case Quality and Safety PerformanceMonth Campaign
In September 2025 Titan Wind Energy factories launched a "Quality and
Safety Month" campaign centered around the theme "Craftsmanship for Full Provision Rate of Correct Usage Rate of
Our Original Aspiration; Quality for a Better Future." The initiative aims Labor Protection Equipment: Labor Protection Equipment:
to comprehensively strengthen quality and safety awareness among all
employees solidify management foundations and prevent various risks. 100% 100%
Certification Rate for Coverage Rate of Safety
Special Operation Personnel: Liability Insurance:
100%100%
Number of Severe Number of Serious Injuries
During the campaign the factory actively organized a variety of training Work-related Injuries: and Fatalities:
sessions and practical activities including exhibitions on quality defects
craftsmanship workshops and supplier quality improvement courses. 0 0
Combined with hands-on drills these initiatives helped employees
enhance their ability to identify quality hazards and mitigate safety risks
ensuring they mastered job-specific quality standards and safety
operating procedures. Meanwhile the factory conducted in-depth safety Number of Serious Safety Number of Major Safety
inspections and hazard screenings implementing immediate Production Incidents: Production Incidents:
rectifications for any identified issues to ensure no blind spots were left. 0 0
Lost-time Injury Frequency Rate
(LTIFR):
0
52Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Occupational Health
The company is committed to managing employees’ occupational health with Occupational Health
the goal of reducing occupational health risks. In accordance with laws and Control Measures
regulations such as the Occupational Disease Prevention Law and the
Workplace Occupational Health Supervision and Management Regulations
the company has established a series of institutional documents including the Occupational hazard monitoring
Occupational Health Management System to build an occupational health and
safety assurance framework.Occupational Health
Management Structure Hazard warnings and notifications
Primary Responsibilities
Establish occupational health management
systems and related regulations; Occupational health check-ups
Occupational Develop and maintain occupational health
Health Leadership records;
Group
Formulate and oversee the implementation
of annual plans; Occupational disease prevention
education and training
Full-time
Occupational Execute daily occupational health tasks.Health Reporting of occupational
Administrators disease incidents
Performance
Occupational Health Number of Employees Trained in Number of Occupational Disease Cases:
Training Coverage Rate: Occupational Health:
100%14670
Total Occupational Health Occupational Health Check-up Rate: Number of Facilities Certified with ISO45001
Training Hours: Occupational Health and Safety Management System:
5868H 100% 15
53Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Emergency Management
Emergency
Rescue PlansGuided by the principles of “prevention first self-rescue first unified command and division ofresponsibilities” the company has developed a production safety accident emergency response
plan to standardize emergency management and enhance emergency handling capabilities for Comprehensive Special Plans On-site ResponsePlans Plans
safety incidents. This aligns with legal requirements under the Production Safety Law and the
Management Measures for Emergency Response Plans for Production Safety Accidents. Emergency Plan System
Comprehensive Emergency Response Drill for FSO Project
Performance
Number of Drill Activities:
229
Number of Participants in Drills:
3018
54Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Social Contribution and Rural Revitalization
In 2025 guided by the mission of "More Than Creation Beautifying the Environment" Titan Wind Energy actively dedicated itself to social welfare and rural revitalization taking
concrete actions to give back to the community and nature.Case Case
During the reporting period the company donated RMB 3 million to Meanwhile the company donated RMB 2 million to the Red Cross
the "Jingshan Appointment Flying with You" project in the Jingshan Society of Hanchuan City Hubei Province to support the development of
area deeply empowering a new green development model that local healthcare and public welfare initiatives. This donation represents a
integrates ecology with sports. The funds were specifically allocated heartfelt return to the community hosting the “Hanchuan Wind Farm”
to support local biodiversity conservation and ecological restoration project and it is also a tangible action demonstrating the company’s
while simultaneously fostering a green tennis industry and cultural commitment to corporate citizenship and social responsibility.tourism brand. Guided by the philosophy of harmonious coexistence
between "wind" and "nature" this initiative transforms the momentum
of clean energy development into a social force that drives rural green
economy and boosts employment and income.Total Corporate External Donations in 2025:
RMB 5.276 million
55Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Appendice
Primary
chapters Secondary chapters Page SDG Targets
Indicator Index
Addressing Climate Change 32
UN Sustainable Development Goals (SDGs)
Primary Ecosystem and Biodiversity
chapters Secondary chapters Page SDG Targets Conservation
36
Sustainability Management 08 Environmental Compliance Environment Management 38
Emissions and Waste
Corporate Governance 14 Management 39
Governance
Compliance Management 17 Resource Utilization 41
Business Ethics 19 Employee Rights and
Benefits 44
Innovation-driven Employee Training and
Development 21 Development 48
Product Safety and Quality 24 Society Occupational Health and Safety 51
Operations
Customer Service 27
Social Contribution and
Rural Revitalization 55
Supply Chain Management 28
56Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Benchmarking Index Table of Shenzhen Stock Exchange Self-regulatory Guidelines for Listed Companies No. 17 - Sustainable Development Report (Trial)
Primary Chapters Topics of Sustainability Report Guidance Chapters of the Report Page
Climate Change Response Environment - Addressing Climate Change 32
Pollutant Emissions Environment - Emissions and Waste Management 39
Waste Management Environment - Emissions and Waste Management 40
Ecosystem and Biodiversity Conservation Environment - Ecosystem and Biodiversity Conservation 36
Environmental Compliance Management Environment - Environmental Compliance Management 38
Environment
Energy Utilization Environment - Resource Utilization 41
Water Resource Utilization Environment - Resource Utilization 41
Circular Economy Environment - Resource Utilization 41
Rural Revitalization Society - Social Contribution and Rural Revitalization 55
Social Contribution Society - Social Contribution and Rural Revitalization 55
Innovation-driven Development Operations - Innovation-driven Development 21
Ethics of Science and Technology Not Applicable /
Supply Chain Security Operations - Supply Chain Management 28
Society Equal Treatment of SMEs Operations - Supply Chain Management 29
Safety and Quality of Products and Services Operations - Product Safety and Quality 24
Data Security and Customer Privacy Protection Governance - Compliance Management 18
Society - Employee Rights and Benefits 44
Employees Society - Employee Training and Development 48
Society - Occupational Health and Safety 51
Due Diligence Governance - Sustainability Management 11
Sustainability-related Stakeholder Engagement Governance - Sustainability Management 09
Governance Anti-Commercial Bribery and Anti-Corruption Governance - Business Ethics 19
Anti-Unfair Competition Governance - Business Ethics 19
Corporate Governance Governance - Corporate Governance 14
Compliance Management Governance - Compliance Management 17
Customer Service Operations - Customer Service 27
Governance Business Ethics Governance - Business Ethics 19
Note: The company operates in the wind power equipment manufacturing industry and does not engage in scientific research or technology development activities related to ethically sensitive technological fields such as life sciences or artificial intelligence.Therefore the issue of "technology ethics" is not applicable to the company.
57Report Preparation Statement Chairman’s Message About Titan Wind Governance Operations Environment Society Appendices
Feedback
Thank you very much for reading our company's 2025 Sustainability Report and we highly value your feedback on it. If you have any questions or comments regarding thisreport
or its content please feel free to contact us through the following methods to help us continuously improve the report.
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58Tel.: 021-52310067
Website: https://www.titanwind.com.cn/
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