CONTENTS
About This Report 02 Our Philosophy 16 Our Management 24 Our Practices 38
Message from the Chairman 04 Crafting Fine Liquor for a Happy Life Integrity Fairness and Transparency Building on Integrity Crafting Fine Liquor
About Us 06 Upholding Self-Discipline and Benefiting Society
Our ESG Journey 10 ESG Governance 18 Holding High the Banner of Party Building 26 D e l i v e r i n g G e n u i n e Q u a l i t y a n d 40
Leadership Exceptional Services
Our Actions in Alignment with 14 ESG Strategy 19
the United Nations Sustainable Solidifying Our Foundation through 28 Strengthening Brand Prestige through 49
Development Goals (SDGs) ESG-Related Risk Management 20 Corporate Governance Cultural Influence
ESG Key Performance Indicators (KPIs) 21 Ensuring Compliance Management and 30 Advancing Innovative Development with 52
Objectives and Targets Law-Based Operations Science and Technology
ESG Topic Management 22 Prioritizing Risk Prevention and Control for 33 F o s t e r i n g a P l e a s a n t E c o l o g i c a l 61
ESG Stakeholder Engagement 23 Steady and Long-Term Growth Environment
ESG Capacity Building 23 S t ay i n g C o m m i t t e d t o C o m b a t i n g 35 Ensuring Safety and Stability through 77
Corruption and Upholding Integrity Coordinated Management
Future Outlook 96
Nurturing Talented Personnel and Caring 81
Appendices 98 for Employees
Promoting Industry-Wide Prosperity 88
Index of Indicators 98 through Win-Win Cooperation
Third-Party Authentication 99 Making Charitable Efforts and Giving Back 92
Feedback Form 100 to Society02 Anhui Gujing Distillery Company Limited About This Report 03
About This Report
Organizational Scope Reference Standards
This report presents the performance of Anhui Gujing Distillery Company Limited (hereinafter referred to as United Nations Sustainable Development Goals (SDGs)
“Gujing Distillery” “the Company” or “we”) and its subsidiaries including Yellow Crane Tower Distillery
GRI Sustainability Reporting Standards (GRI Standards) issued by the Global Sustainability Standards Board
Co. Ltd. (hereinafter referred to as “Yellow Crane Tower Distillery”) Anhui Mingguang Liquor Co. Ltd.(GSSB)
(hereinafter referred to as “Mingguang Liquor”) and Anhui Longrui Glass Co. Ltd. (hereinafter referred to
as “Longrui Glass”) in corporate governance economic social and environmental aspects. Certain sections ISO 26000 Guidance on Social Responsibility issued by the International Organization for Standardization
also include information related to Anhui Gujing Group Co. Ltd. (hereinafter referred to as “Gujing Group” (ISO)
or “the Group”). Guiding Opinions on High-Standard Fulfillment of Corporate Social Responsibility by Centrally-Administered
State-Owned Enterprises in the New Era issued by the State-owned Assets Supervision and Administration
Commission (SASAC)
Reporting Period Guidelines for Self discipline Supervision of Listed Companies on the Shenzhen Stock Exchange No. 17- Sustainable Development Report (Trial)
This report covers the period from January 1 2024 to December 31 2024 with certain content extending Guidelines on Sustainability Reporting for Chinese Enterprises (CASS-ESG 6.0)
beyond this timeframe. ESG Evaluation Guidance for Alcoholic Beverage Enterprises and ESG Disclosure Guidance for Alcoholic
Beverage Enterprises issued by China Alcoholic Drinks Association (CADA)
Reporting Cycle
Access to the Report
This is an annual report and the third Environmental Social and Governance (ESG) report released by Gujing
Distillery. This report is available in both Chinese and English. In case of any discrepancies the Chinese version shall
prevail.Reliability Assurance For more ESG-related information or to download the electronic version of this report please visit:
The Board of Directors of the Company assumes responsibility for overseeing this report ensuring that there Gujing Distillery Official Website: https://www.gujing.com/
are no false statements misleading representations or material omissions.Shenzhen Stock Exchange Official Website: http://www.szse.cn/
Information Disclosure To request a printed copy of this report please contact the Board Secretary’s Office:
Key financial performance data in this report is sourced from the 2024 Annual Report of Anhui Gujing
Distillery Company Limited while other data is derived from the Company’s internal management systems. Phone: +86-0558-5710057 Email: gjzqb@gujing.com.cn
Unless otherwise specified there are no significant changes in the scope of disclosure compared to previous
ESG reports and consistent statistical disclosure methods have been applied. The financial figures in this
report are presented in Renminbi (RMB).04 Anhui Gujing Distillery Company Limited Message from the Chairman 05
Message from the Chairman
The year 2024 is a year of deepening the full implementation Laboratory to promote an in-depth cooperation between firmly maintaining its position as the fourth-largest liquor
of the guiding principles of the 20th CPC National Congress an industries universities and research institutes for making full brand in China. The flagship product “Nianfenyuanjiang”
important year for advancing the 14th Five-Year Plan and a use of digital technology in liquor production. We have been reached a brand valuation of RMB 254.075 billion based on
milestone that bridges past achievements and sets the stage recognized with honors such as the Pacemaker in Industrial the brand value assessment for international liquor products.for future progress in the development history of Anhui Gujing Data Governance in China and the Key Industrial Internet Yellow Crane Tower Distillery has been awarded the title
Distillery Co. Ltd. Platform in Anhui Province (2024) while being selected as a of Craftsmanship Collective in Chinese Liquor Industry and
Pacemaker in Digital Transformation of China’s Light Industry Mingguang Liquor has broken new ground with its aroma
In this year we have thoroughly implemented the new (2024). Additionally our solid-state fermentation brewing profile. We have successfully hosted the launch ceremony fordevelopment concept cultivated and strengthened the new factory has been included in the list of National 5G Factories. Three Excellence Initiative” the Autumn Brewing Ceremony
quality productivity closely centered on the strategy of "Baijiu The inheritance of intangible cultural heritage techniques in and the 5th International Distilled Spirits Technical Forum. We
and 'Baijiu+'" worked hard and did more making all business Yellow Crane Tower Distillery Hanfen Liquor the optimization have creatively launched the “Three Gong Festival” themed
indicators grew steadily. of aroma profiles in Mingguang Liquor and the expansion of “Gong Creation Gong Contribution and Gong Sharing”
On behalf of the Board of Directors of Anhui Gujing Distillery base liquor production in Zhencang Liquor have strengthened and deeply engaged with the dual-core media strategy of
Co. Ltd. I would like to express our sincere gratitude to the the foundation of products quality. Spring Festival Gala + High-Speed Rail. We have become the
shareholders and all stakeholders who have consistently permanent venue for the International Distilled Spirits Forum. By pursuing goodness in conduct we have fulfilled our
shown their attention and support to us. Gujinggongjiu·New Year’s Eve has become the liquor product responsibil i ty and commitment through supporting specially designed for celebrating the successful inscription
Looking back we have followed the guidance of Xi Jinping agriculture and benefiting the public. We have fostered a of Spring Festival on the UNESCO intangible cultural heritage
Thought on Socialism with Chinese Characteristics for a New corporate culture that emphasizes integrity and righteousness list. The global tour of the brand has reached KazakhstanEra and fully implemented the guiding principles of the 20th upheld the principle of “agriculture to the forefront and Uzbekistan and other locations fully showcasing theCPC National Congress as well as the second and third plenary industry to follow” which requires us to integrate the primary brand concept Brewed in China and Savored Worldwide of
sessions of the 20th CPC Central Committee. Taking the pursuit and secondary industries and realize intensive processing of Guojinggongjiu · Nianfenyuanjiang.of “Three Excellence Initiative” as our action plan we have agricultural products expanded contract farming dispatched
focused on our goals worked together to overcome challenges the third batch of village officials brought our leading role The applause and flowers belong to the past. The new
and driven improvement in both development quality and in the liquor industry chain into full play and driven value journey is an expedition full of glory and dreams one that
efficiency. We have actively responded to the opportunities and co-creation with upstream and downstream enterprises requires us to measure with our steps and prove with our
challenges brought about by ESG development practiced the to contribute to the comprehensive advancement of rural strength! We must believe in the power of belief the strength
concept of sustainable development ensured effective ESG revitalization. We have promoted the fine tradition of going of perseverance and the force that drives us forward. Weinformation disclosure and achieved a deep integration of into communities to communicate the Party's lines and will continue to uphold our values of “building on integrityESG governance with production and operations. Significant policies carry out research and studies address people's crafting fine liquor upholding self-discipline and benefitingcomplaints and conduct field work. We have applied the society” to build a new Gujing characterized by digitalization
Secretary of the Party Committee and Chairman progress and new achievements have been made in areas such
as quality and safety technological innovation digitalization “Three-Listening and Three-System” approach and adopted internationalization and rule of law. With the vision of “CraftedAnhui Gujing Distillery Co. Ltd. green and low-carbon development talent development and frontline work approaches. We have showed genuine care in China for the World to Enjoy” we will strive to move towards
community building. for our employees by continuously providing Golden Autumn becoming a world-class enterprise with excellence in products
Student Assistance and Scholarships insisting on delivery of brands innovation and modern governance.By pursuing authenticity in quality we have driven excellence health in spring coolness in summer education assistance
in development through lean management. We have in autumn and warmth in winter opening a green channel The year 2025 marks the final year of the 14th Five-Year Plan
built a matrix-based quality control system advanced the for medical treatment organizing annual health check-ups period and the beginning of the 15th Five-Year Plan period as
comprehensive quality control system achieved a significant for all employees for free and offering quarterly major illness well as the year for improving the working style of Gujing. We
improvement in quality across the entire production chain medical assistance among other efforts. We have also actively will follow the guidance of Xi Jinping Thought on Socialism with
from raw material breeding to final product delivery and participated in public welfare and charitable endeavors Chinese Characteristics for a New Era and insist on enhancing
been recognized with honors such as National Advanced engaged in volunteer services and established an emergency management through fine work styles driving development
Enterprise in Quality Integrity National Trustworthy Product response mechanism for accidents and disasters to convey through efficient management and ensuring stability
in Quality Inspection and National Consistently Qualified our social responsibility and compassion and promote social through continuous growth. We will carry forward the spirit of
Product in Quality Inspection. Centered around the strategic harmony and development. craftsmanship through integrity and innovation and write ourgoals of “building a strong enterprise through science and success through practical action and responsibility to contributetechnology” and “advancing Strategy 5.0 to build a digital By pursuing beauty in branding we have led a new trend our strength to the high-quality development of Chinese liquorinternational and law-based new Gujing” we have leveraged in the liquor industry through the inheritance of value. The and make greater contributions to the construction of a better
scientific research platforms such as Four Institutes and One brand value of Gujinggongjiu has reached 375.756 billion yuan Bozhou on the journey of Chinese modernization.06 Anhui Gujing Distillery Company Limited About Us 07
About Us
Brand Value of Gujing Distillery
As one of China’s top eight time-honored liquor brands Gujing Distillery is the first Chinese baijiu (a traditional Chinese distilled
spirit) company to launch an initial public offering (IPO) on both the A-share and B-share markets. Based in Bozhou Anhui 2021 2022 2023 2024
Province home to the historical figures Cao Cao and Hua Tuo and recognized as one of the world’s top ten spirits producing areas
the Company traces its origins back to Gongxing Distillery established in the 10th year of the Zhengde reign (AD 1515) of the Ming
dynasty. It was restructured into a provincial government-owned enterprise Boxian Gujing Distillery in 1959.Gujing Distillery’s strategic product Gujinggongjiu · Nianfenyuanjiang carries a legacy dating back to AD 196 when Cao Cao a
renowned military leader and statesman in ancient China presented the local specialty “Jiuyun Spring Liquor” together with
its making secrets from his hometown Bozhou to Emperor Xian of Han (Liu Xie). Since then the liquor became a tribute to the
RMB 200.672 RMB 227.027 RMB 293.102 RMB 375.756
imperial court and Cao Cao has been historically recognized as the “Liquor Deity” of Gujinggong. The Jiuyun Brewing Method has billion billion billion billion
been recorded in the Guinness World Records. With its distinctive characteristics—crystal-clear color orchid-like aroma sweet and
mellow taste upon entry and a lingering aftertaste—the Gujinggong Liquor has won four consecutive gold medals in the national
baijiu evaluations and received a gold award at the 13th SIAL Paris. Over the years the Company has earned numerous prestigious Operational Performance
honors including China Time-Honored Brand National Geographic Indication Product National Quality Benchmark National
Industrial Design Center National Green Factory National 5G Factory and Anhui Provincial Government Quality Award. Additionally
the Gujinggong Liquor Brewing Heritage Site has been designated as a National Key Cultural Relic Protection Site while its 2021 2022 2023 2024
craftsmanship has been recognized as a National Intangible Cultural Heritage Project earning the titles “The Peony of Liquors”
and “China’s Premier Tribute Liquor”. Total assets (RMB 100 million)Total assets (RMB 100 million) Total revenue (RMB 100 million)
In April 2016 Gujing Distillery entered into a strategic cooperation agreement with Yellow Crane Tower Distillery Co. Ltd. ushering
in a new era of collaboration between China’s prestigious liquor brands. In January 2021 the Company signed a strategic
cooperation agreement with Mingguang Liquor. In September 2021 a similar agreement was signed with Zhencang Distillery.Currently Gujing Distillery operates under four major brands namely Gujinggong Yellow Crane Tower Old Mingguang and
Zhencang Liquor and produces six distinct aroma types including nongxiang (strong aroma) qingxiang (light aroma) jiangxiang 254.18 297.90 354.21 405.22 132.70 167.13 202.54 235.78
(sauce aroma) minglvxiang (mung bean aroma) guxiang (ancient aroma) and kaomaixiang (roasted wheat aroma). The
Company also boasts eight major production bases including the Gujinggongjiu · Nianfenyuanjiang Traditional Brewing Zone (a Total profit (RMB 100 million) Net profit (RMB 100 million)
National Industrial Heritage Site) Gujing Distillery Zhangji Eco-brewing Base Gujing Distillery Quality and Sci-Tech Park Yellow
Crane Tower Distillery Wuhan Plant Yellow Crane Tower Distillery Xianning Plant Yellow Crane Tower Distillery Suizhou Plant Anhui
Mingguang Liquor and Guizhou Zhencang Distillery.Guided by the core values of “building on integrity crafting fine liquor upholding self-discipline and benefiting society” Gujing
Distillery is advancing its Strategic 5.0 aiming to build a digital international and law-based new Gujing. In 2024 the Company 31.71 44.70 63.32 77.96 23.74 32.52 47.26 57.07
once again received several national quality recognitions including the National Advanced Enterprise in Quality Integrity
the National Trustworthy Product in Quality Inspection and the National Consistently Qualified Product in Quality Inspection.Additionally our annual brand value reached RMB 375.756 billion ranking fourth in China’s baijiu industry and first in Anhui Tax contribution (RMB 100 million) Asset-liability ratio (%)
Province’s liquor sector. The flagship product “Nianfenyuanjiang” reached a brand valuation of RMB 254.075 billion based on the
brand value assessment for international liquor products.
37.4653.0766.9382.3732.1235.1036.7236.59
Corporate Culture: Culture of Contribution
Mission Vision Core Values
Crafting fine liquor for a happy life To become the most popular and Building on integrity crafting fine
respected baijiu company in China liquor upholding self-discipline and
benefiting society08 Anhui Gujing Distillery Company Limited About Us 09
Product Portfolio Organizational Structure
Shareholders’ Meeting
Board of Directors Audit Committee
Gujinggong Yellow Crane Towe Mingguang Strategy and ESG Committee
Board of Supervisors
Nomination Committee
Chairman Remuneration and Appraisal Committee
Crystal-clear color orchid-like n exceptional masterpiece with a
Soft and mellow elegant and General Manager
aroma sweet and mellow taste full-bodied and mellow aroma
refreshing with a long-lasting
upon entry and a lingering offering a clean and smooth
finish
aftertaste taste Executive Deputy
General Manager
Deputy General Manager
Gujing
Gujinggong Yellow Crane Tower Old Mingguang
Nianfenyuanjiang
Wuhan Xianning and Suizhou
Bozhou Anhui Province Chuzhou Anhui Province
Hubei Province所属子公司
Bozhou Gujing Sales Co. Ltd. Anhui Longrui Glass Co. Ltd. Anhui Jiu’an Electromechanical Equipment Co.Ltd.Anhui Jinyunlai Culture Media Co. Ltd. Anhui Ruisi Weier Technology Co. Ltd.Shanghai Gujing Jinhao Hotel Management Co.Nongxiang (strong aroma) qingxiang (light aroma) jiangxiang (sauce aroma) Bozhou Gujing Hotel Co. Ltd. Anhui Yuanqing Environmental Ltd.minglvxiang (mung bean aroma) guxiang (ancient aroma) and kaomaixiang (roasted wheat aroma) Protection Co. Ltd.Anhui Run’an Xinke Testing Technology Anhui Gujing Yunshang E-Commerce Co. Ltd
Co. Ltd. Anhui Jiudao Culture Media Co. Ltd.Anhui Gujinggongjiu Nianfenyuanjiang Theme
Anhui Guqi Liquor Industry Co. Ltd. Anhui Gujing Suhuai Liquor Industry Hotel Management Co. Ltd.Sales Co. Ltd
Yellow Crane Tower Distillery (Xianning) Yellow Crane Tower Distillery Co. Ltd.Co. Ltd. Ye l l o w C ra n e To w e r D i s t i l l e r y
(Suizhou) Co. Ltd. Wuhan Tianlong Jindi Technology Development
Xianning Junhe Sales Co. Ltd. Co. Ltd.Wuhan Junya Sales Co. Ltd.Huanggang Junya Trading Co. Ltd. Suizhou Junhe Trading Co. Ltd.Wuhan Gulou Junhe Trading Co. Ltd.Xiaogan Gulou Tiancheng Trading Co. Wuhan Gulou Juntai Trading Co. Ltd.Ltd. Ezhou Junya Trading Co. Ltd.Wuhan Juntai Trading Co. Ltd.Anhui Mingguang Liquor Co. Ltd. Mingguang Tiancheng Mingjiu Sales
Co. Ltd. Anhui J iuhao China Railway Construction
Anhui Zhenrui Construction Engineering Engineering Co. Ltd
Co. Ltd. Renhuai Maotai Town Zhencang
Winery Industry Co. Ltd. Guizhou Zhencang Liquor Industry Sales Co.Anhui Gujing Health Technology Co. Ltd.Ltd. Anhui Guge Culture Media Co. Ltd.
5A Management Committee
(Under Preparation)
Power a nd Env i ronmenta l
Protection Center
Brewing Management Center
Finished Product Bottling Center
Logistics and Dispatch Center
Technology and Quality Center
Emergency Management Center
Digitalization Center
Procurement Center
Human Resources Center
Internal Audit Center
Board Secretary Office
Financial Management Center
Administrative Services Center
Corporate Management Center
Three Major Diverse Flavors Five China Well-Known Key Production Six Aroma Brands Trademarks Areas Types10 Anhui Gujing Distillery Company Limited Our ESG Journey 11
Our ESG Journey
Milestones in 2024
February March April May July
The “Welcome Home Bozhou Natives” Spring Festival Symposium Organized the 7th Peach Blossom Spring Attended the Awarding H o s t e d t h e 4 t h R a w Held a conference on talent-
was held at Bozhou Hotel where representatives from governments Qu Festival and the 3rd Gujing Fan Festival Ceremony for the Third Grain Harvest Fest ival related work and celebrated
enterprises and chambers of commerce gathered to discuss hometown for Gujinggongjiu · Nianfenyuanjiang. Batch of China Time- f o r G u j i n g g o n g j i u · t h e g ra d u a t i o n o f t h e f i r s t
ties and development opportunities extending a sincere invitation for Honored Brands and Nianfenyuanjiang in 2024. cohort and the launch of theentrepreneurs to return and invest. Liang Jinhui Secretary of the Party Participated in the 110th China Food and received the honorary second cohort of the “SeedlingCommittee and Chairman of Gujing Distillery attended the event as a Drinks Fair showcasing Gujing’s “Four title of “China Time- Program”.business representative. Brands and Five Aromas” product lineup. Honored Brand”.Organized the 2024 Guj ing
Held the 2024 Spring Festival Annual Meeting bringing together Gujing Held the 10th Employee and 12th Member Corporate Culture Experience
employees to celebrate the Spring Festival and envision a promising future. Representative Conference. C a m p c e r t i f y i n g 6 7 G u j i n g
distr ibutors from across theConducted the Gujinggongjiu · Nianfenyuanjiang Spring Brewing Ceremony. country as “Corporate CultureLaunched the 2024 Launch Ceremony of the “Three Excellence Initiative” Ambassadors”.for Gujinggongjiu · Nianfenyuanjiang and hosted the 2023 Annual
Commendation Conference of Anhui Gujing Distillery Company Limited
at the same time. (“Three Excellence” stands for “Excellence in QualityIntegrity and Branding”)
December November October September AugustC o nve n e d t h e 2 0 2 5 Held the 2024 “Quality Conducted the 2024– Hosted the 11th Gujinggongjiu · Nianfenyuanjiang Autumn C o n v e n e d t h e 2 0 2 4 G u j i n g g o n g j i u ·G u j i n g M a r k e t i n g M o n t h ” W r a p - u p 2 0 2 5 B o z h o u W h e a t Brewing Ceremony and the 5th International Distilled Spirits N i a n fe ny u a n j i a n g M i d - Ye a r D i s t r i b u t o r
Conference. M e e t i n g a n d t h e Base Planting Supplier Technical Forum in 2024. Communication Conference.
2 n d G u j i n g g o n g j i u Signing Ceremony.
H o s t e d t h e 2 0 2 4 · N i a n f e n y u a n j i a n g Held the first party member congress of the CPC Anhui Gujing Held the 2024 Golden Autumn Student Assistance
G u j i n g g o n g j i u Q u a l i t y A w a r d s Gongjiu Co. Ltd. and Scholarship Ceremony.Nianfenyuanjiang Global Ceremony.Distributor Conference. Participated in a police cooperation meeting on combating
intellectual property crimes in the Yangtze River Delta and Central
China regions (including 12 cities and 1 district).Gujinggongjiu · Nianfenyuanjiang became an official partner of
the 2024 World Manufacturing Convention marking its eighth
consecutive year of supporting the event.12 Anhui Gujing Distillery Company Limited Our ESG Journey 13
Honors in 2024
Gujing Distillery1
Advanced Individuals
Included in the “ESG Pioneer 100 Index for State-Owned Listed Companies (2024)” by the State-owned Assets
Supervision and Administration Commission (SASAC) of the State Council. Yellow Crane Tower Distillery Wang Yuliang and Sun Yuxing from Gujing Distillery wererecognized as “National Liquor Brewing Industry TechnicalRanked in the “China ESG Listed Companies Pioneer 50 in the Yangtze River Delta Region (2024)” by China Media Experts”.Group.“Yellow Crane Tower Hanfenjiu Brewing Technique” was Li Jianhua from Gujing Distillery was honored as an
Received the honorary title of “China Time-Honored Brand”. selected for the Seventh Batch of Provincial Intangible “Advanced Individual in Fulfilling Principal ResponsibilitiesRecognized as a National 5G Factory for our 5G intelligent solid-state fermentation baijiu brewing factory. Cultural Heritage Entries of Hubei Province. for Food Safety in Anhui Province”.Our Product Design Center was certified as a National Industrial Design Center (2024-2027). The Liquor Body Design Center awarded the honorary title Xu Peng from Yellow Crane Tower Distillery and Yang
of “Craftsmanship Collective in China’s Liquor Industry”. Yongbo from the Sales Company were awarded “NationalSelected for the 2024 “Digital Three Enhancements” application scenarios by the Ministry of Industry and
Information Technology. (“Three Enhancements” stand for enhancements in product variety quality and Released the Southern Daqingxiang Baijiu Quality ControlLight Industry Model Workers”.branding) Guidelines and Standards completed the achievement Li Jiuhong from Yellow Crane Tower Distillery was honoredappraisal of the “Research on the Quality Characteristics as a “National-Level Master Artisan in China’s LiquorOur case “From Grain Aroma to Liquor Aroma: Gujing Distillery’s Full-Process Food Safety and Quality and Key Technology Applications of Southern Daqingxiang Industry”.Management System” was recognized as a model of innovative practice in fulfilling principal responsibilities for Baijiu” and won the title of “Southern Daqingxiang Baijiufood safety in 2024. Brewing Base” granted by the China Alcoholic Drinks Li Dongfeng from Mingguang Liquor was recognized
Association. as an “Advanced Individual in Anhui Provincial Labor Once again received several national quality recognitions including the National Advanced Enterprise in Quality Competition”.Integrity the National Trustworthy Product in Quality Inspection and the National Consistently Qualified Product The Xianning Factory was certified as a “National Greenin Quality Inspection. Manufacturing Enterprise” (National Green Factory).Honored as a “Pacemaker in Industrial Data Governance in China”.Selected as a “Pacemaker in Digital Transformation of China’s Light Industry (2024)”.Named a “Key Industrial Internet Platform in Anhui Province (2024)”.Recognized as an “Advanced Unit in Fulfilling Principal Responsibilities for Food Safety in Anhui Province”.Once again won the “Guoxin Cup” Top 100 ESG Golden Bull Award.Awarded the “ESG Rising Star” title of the “ESG Benniu Award”
Longrui GlassC e r t i f i e d a s a “ N a t i o n a l G r e e nManufacturing Enterprise” (NationalGujinggong2 Green Factory) and “Anhui ProvincialGreen Factory”.Our annual brand value reached
RMB 375.756 billion ranking fourth in
China’s baijiu industry and first in Anhui Mingguang Liquor
Province’s liquor sector.The flagship product “Nianfenyuanjiang” Recognized as an “Advancedreached a brand valuation of RMB U n i t i n F u l f i l l i n g P r i n c i p a l
254.075 billion based on the brand Responsibilities for Food Safety”
value assessment for international liquor b y t h e A n h u i F o o d I n d u s t r y
products. Association.Minglvye Liquor won the Silver
Award at the 2024 China Specialty
Tourism Product Competition.Note 1: Refers to Anhui Gujing Distillery Company Limited. Note 2: Refers to the “Gujinggong” brand.14 Anhui Gujing Distillery Company Limited Our Actions in Alignment with the United Nations Sustainable Development Goals (SDGs) 15
Our Actions in Alignment with the United Nations Sustainable SDGs Our Actions
Development Goals (SDGs) Lead industry development by exploring to invest in strategic emerging
Goal 9: Build resilient infrastructure industries
promote inclusive and sustainable
Since the adoption of the 17 Sustainable Development Goals (SDGs) by the United Nations in 2015 these goals have served as industrialization and foster innovation Assume part of the social functions through self-built infrastructure and
crucial guiding principles for the international community in pursuing common prosperity and sustainable development. As provide more support for infrastructure construction in assisted regions
a responsible corporate citizen rooted in China with a global outlook Gujing Distillery always upholds the idea of sustainable
development deeply integrates the 17 SDGs into its operations and collaborates with stakeholders to create shared value. Comply with the laws regulations and labor codes of host countries and
Goal 10: Reduce inequality within and
regions during international trade and exchanges while respecting local
among countries
religious beliefs and cultural customs
SDGs Our Actions
Promote “contract farming” to ensure stable farmer incomes and increase Assist in constructing infrastructure such as water and power supply
the benefits of agricultural enterprises facilities as well as public service facilities in healthcare and education
Goal 1: End poverty in all its forms
everywhere Support rural revitalization through intensified efforts in industrial and Engage in charitable donations carry out public benefit activities such as
consumer assistance consolidating and expanding poverty alleviation Goal 11: Make c i t ies and human educational sponsorship baijiu knowledge dissemination and community
achievements settlements inclusive safe resilient and services and help vulnerable groups such as children the elderly and
sustainable
people with disabilities
Take rigorous quality control measures to ensure high-quality raw grains Participate in emergency rescue activities establish a dedicated fire Goal 2: End hunger achieve food
and safeguard the entire industry chain from grain to liquor brigade and collaborate with local communities in disaster relief effortssecurity and improved nutrition and
promote sustainable agriculture Develop the raw grain planting bases to promote sustainable land use Produce high-quality green and low-carbon products while ensuring
premium services
Prioritize employee well-being by organizing colorful cultural and sports Make sure that the red line is not crossed concerning workplace safety and
activities enhance occupational health protection and invite renowned environmental protection and effectively control hazardous waste and G o a l 1 2 : E n s u r e s u s t a i n a b l e
Goal 3: Ensure healthy l ives and medical experts for consultations
pollutants
consumption and production patterns
promote well-being for all at all ages Expand business presence to the comprehensive healthcare industry by Promote the comprehensive utilization of byproducts from liquor production
leveraging Bozhou’s abundant resources in traditional Chinese medicinal to promote a circular economy
materials and roll out products such as wellness liquors and medicinal and Uphold responsible marketing practices regulate advertising and advocate
edible enzymes for moderate alcohol consumption
Organize employee training and skill competitions and encourage Take proactive measures to address climate change while identifying
Goal 4: Ensure inclusive and equitable employees to actively participate in these activities to empower workforce Goal 13: Take urgent action to combat climate-related risks and opportunities
quality education and promote lifelong development climate change and its impacts Develop green and low-carbon industries accelerate green
opportunities for all Initiate student assistance and scholarship programs support charitable manufacturing and build a green supply chain
foundations and provide financial aid to local students
Goal 14: Conserve and sustainably use
Prohibit child labor oppose all forms of gender discrimination and enforce Protect local rivers and wetlands and preserve biodiversity within aquatic the oceans seas and marine resources
Goal 5: Achieve gender equality and equal pay for equal work ecosystemsfor sustainable development
empower all women and girls
Protect the legal rights and interests of female employees
G o a l 1 5 : P r o t e c t r e s t o r e a n d Enforce strict control over wastewater exhaust and solid waste emissions
promote sustainable use of terrestrial Strengthen water resource management and promote water recovery and while enhancing environmental pollution prevention and control as well as ecosystems sustainably manage
recycling ecological governanceforests combat desertification and halt
G o a l 6 : E n s u re a va i l a b i l i t y a n d Install more effluent treatment facilities and provide separate drainage and reverse land degradation and halt Contribute to biodiversity conservation ecological balance and sustainable
sustainable management of water and
pipelines for rainwater and effluents biodiversity loss development
sanitation for all
Ensure that drinking water is disinfected and purified and provide both Strengthen our corporate governance framework and ensure compliance
boiled and direct drinking water options G o a l 1 6 : P ro m o t e p e a c e f u l a n d with laws and regulations
inclusive societies for sustainable Establish unimpeded channels for employee reporting complaints and
development provide access to justice
Goal 7: Ensure access to affordable grievances Actively procure green electricity and increase the use of renewable energy for all and build effective accountable
rel iable sustainable and modern
sources such as solar power and inclusive institutions at all levels Foster business ethics and anti-corruption initiatives and prohibit
energy for all commercial bribery and unfair competition
Build communication platforms to enhance industry-wide exchanges and
Goal 8: Promote sustained inclusive Expand production capacity to create job opportunities attract top talent Goal 17: Strengthen the means of cooperation
and sustainable economic growth full and support employment for veterans implementation and revitalize the Empower suppliers and distributors to establish a responsible supply chain
and productive employment and decent Global Partnership for Sustainable Strengthen industrial support by creating temporary and seasonal jobs to
work for all Development Facilitate the international expansion of baijiu brands and expand overseas encourage local employment consumer markets16 Anhui Gujing Distillery Company Limited Our Philosophy: Crafting Fine Liquor for a Happy Life 17
Establ i sh ing and re f in ing an
ESG governance framework is
essential for enhancing corporate
governance standards in listed
Our Philosophy companies. Recognizing ESG as a strategic opportunity we focus on
four key areas i.e. governance
strategy risk management and
metrics & targets to embed ESG
Crafting Fine Liquor for a Happy Life into our corporate development strategy. By building a robust
and effic ient ESG governance
structure we have effectively
identified various risks within ESG
management while continuously
Amid globalization and sustainable development ESG has emerged as a central strengthening our ESG governance
focus in global capital markets. The ESG philosophy aligns closely with a suite capabilities and performance.of national development imperatives including China’s green development
carbon peaking and carbon neutrality goals modern governance and building a
community with a shared future for mankind. At Gujing Distillery we are dedicated
to integrating ESG principles into our business practices under the philosophy of
“crafting fine liquor for a happy life”. To this end we continuously enhance our
ESG management and transparently disclose our ESG practices to both internal
and external stakeholders in a complete accurate and timely manner thereby
strongly fueling our sustainable growth.Our Performance
A Strategy and ESG Committee was set We presented the strategic goal ofup under the Board of Directors. “advancing Strategy 5.0 to build adigital international and law-basednew Gujing”. Our Actions
We identified 20 ESG material topics and emphatically analyzed the financial materiality
of 9 key topics. 18 > ESG Governance 22 > ESG Topic Management
19 > ESG Strategy 23 > ESG Stakeholder EngagementWe were included in the “ESG We once again won the “GuoxinPioneer 100 Index for State- Cup” Top 100 ESG Golden
Owned Listed Companies Bull Award. 20 > ESG-Related Risk Management 23 > ESG Capacity Building
(2024)” by the SASAC.
21 > ESG Key Performance
Indicators (KPIs) Objectives
and Targets18 Anhui Gujing Distillery Company Limited Our Philosophy: Crafting Fine Liquor for a Happy Life 19
ESG Governance ESG Strategy
To effectively address growing ESG-related demands and enhance coordinated management we have incorporated ESG matters Taking into account both global and domestic development trends alongside our resource endowment we put forward the
into the deliberation topics for the Board of Directors and established a Strategy and ESG Committee. Furthermore a three-tier strategic goal of “advancing Strategy 5.0 to build a digital international and law-based new Gujing”. This strategy integrates
governance structure consisting of decision-making management and execution levels has been put in place in a step-by-step business interests with environmental social and governance considerations fostering long-term value creation while driving the
manner to propel our high-quality development through concrete ESG governance actions. Company’s sustainable development.The driving force of Gujing’s growth
Decision-
Board of Directors & Strategy and ESG Committee
Making Level Strengthen industry leadership by deeply integrating digital technology with manufacturing
As the supreme decision-making body for ESG matters the Board of Directors is accountable to the as well as fostering greater synergy between technological and industrial innovation.“Digital”
Shareholders’ Meeting and responsible for overseeing and managing the Company’s overall ESG Establish a new “1+2+6+N” digital management model leverage digital tools to optimize
strategy and planning. marketing and management promote the transformation and upgrading of traditional
As a specialized body under the Board of Directors the Strategy and ESG Committee chaired by industries and foster new quality productive forces.the Chairman is responsible for researching major decisions related to the Company’s long-term
development strategies significant investments and ESG governance. It provides advisory opinions
and suggestions and reports on relevant matters to the Board of Directors.The direction of Gujing’s expansion
Uphold our strategy of focusing on the baijiu business advance national market penetration
“International” and optimize the industrial layout to solidify our international presence.Management
Board Secretary’s Office
Level Participate in global industry events conduct global promotional tours and strengthen
Responsible for formulating ESG management strategies and plans assessing ESG-related risks international collaboration and exchanges.overseeing progress toward ESG goals and tasks and leading the preparation of ESG reports.The foundation of Gujing’s governance
Execution Embed the requirements of law-based corporate governance into all operational decision-
Headquarters’ Other Functional Departments & Subsidiaries
Level making processes and operate in accordance with laws and regulations to ensure closed-
“Law-Based”
Responsible for embedding ESG initiatives into strategic planning ensuring their effective execution loop risk management.regularly reporting on ESG performance monitoring ESG execution across all subordinate units and Take practical measures to enhance ESG management while standardizing and systematizing
supporting the preparation and disclosure of ESG reports.ESG matters.The defining feature of Gujing’s future
Maintain good coordination between development and security and build a robust line of
defense for security and emergency response.Advance the “Three Excellence Initiative” to deliver superior service.“New Gujing”
Accelerate green and low-carbon transformation through coordinated efforts in industrial
restructuring pollution control ecological conservation and climate action.Support all-around rural revitalization and coordinated development between regions.Foster harmonious labor relations and make positive contributions to social well-being.20 Anhui Gujing Distillery Company Limited Our Philosophy: Crafting Fine Liquor for a Happy Life 21
ESG-Related Risk Management ESG Key Performance Indicators (KPIs)
Objectives and Targets
Key Risk
Categories Risk Subcategories Effective Mitigation Measures
KPI Objectives & Targets Achievement Status
Closely monitor policy and regulatory developments and deepen in 2024
communication with government agencies and industry associations.Changes in industry policies
Adjust business strategies and production management models in a timely To deepen the operations of “Four Institutes and One Laboratory” focus on
Policy and I n c re a s i n g ly s t r i n g e n t manner. Technological baijiu R&D breakthroughs transform research achievements into productive environmental requirements
Regulatory Risks All achieved Increase inputs in environmental protection to optimize eco-friendly Innovation forces provide robust technological support for the Company’s high-quality
equipment and production processes. development and conduct 80 research projects
Optimize product portfolio and develop strategic flagship products.Fierce market competition
Define clear brand positioning highlight product uniqueness and enhance
C h a n g e s i n c o n s u m e r marketing efforts. To take the user as the center promote the construction of data center industrial
Market Risks demands
Increase investments in R&D to cater to diverse consumer needs. Digitalization Internet of things platform MES system product life cycle management system In progressdetection platform and so on enhance business application experiences and
Build a stable supply chain by establishing long-term partnerships with boost business digitalization
multiple raw material suppliers across various regions to spread supply risks.Supply instability
Establish a raw material reserve system to maintain a safe inventory level.Price fluctuations
Raw Material and Adopt “contract farming” to stabilize prices. Zero major quality incidents zero food safety incidents 100% product pass
Procurement Risks Quality inconsistency Strengthen quality control at the source by collaborating with high-quality Product Quality rate in market sampling inspections and 0% product withdrawal and recall All achieved
raw material bases. rate
Establish routine maintenance and regular inspection mechanisms for
P ro d u c t i o n e q u i p m e n t equipment to identify and eliminate potential hazards in a timely manner.failures Introduce advanced production systems to enhance operational skills and
Customer Service 100% response rate of complaints within 24 hours and no customer-related C o m p l e x p r o d u c t i o n process control standards. All achieved
processes privacy data breach incidents Strengthen workplace safety measures check for security hazards and
Workplace safety incidents improve hazard rectification training and risk control.Environmental pollution Upgrade environmental protection facilities enhance environmental
Production and incidents monitoring and ensure proper training. To achieve the “Four-Zero” goal for workplace safety normal operation of
Operational Risks equipment and facilities compliance with the “Three Simultaneities” safety
Information security and Consolidate network information and data security management by strictly Workplace Safety All achieved
data privacy breaches controlling information access permissions and scope to safeguard personal system for project construction 100% completion rate of hazard identification
privacy.and rectification etc.Loss of key talent
Promote employee development and show care for talented personnel.Cash flow difficulties Optimize financial budget management and expand financing channels. Expect to achieve an increase in the proportion of renewable energy use to
Risks in recovering accounts Establish a customer credit rating system and strengthen tracking and Energy and 30% by 2025;
receivable collection of accounts receivable. Resource Simultaneously promote the green transformation of the supply chain and In progress
Utilization
Financial and U n p r o f i t a b l e o r Conduct thorough investment evaluations and feasibility analyses adopt achieve a 15% reduction in energy consumption through green energy-
Investment Risks u n d e r p e r f o r m i n g diversified investment strategies and closely monitor the financial and saving and low-carbon technologies.investments operational conditions of investment projects.Strengthen the IP protection mechanism and take legal action against
Intellectual property (IP) Actual water infringements.infringement Water Resource consumption: more
Establish a comprehensive public opinion monitoring and rapid response
Brand and Negative or misleading Management
Planned water consumption: 3.455 million tons than 2.2 million
system. tons (exceeded
Reputation Risks public opinion Enhance brand management and the ability to respond to public opinion. target)
Establish a standardized regulatory system optimize approval processes
conduct routine and special supervision and impose strict penalties. Wastewater 100% wastewater discharge compliance rate 100% air emission compliance
Bidding violations Exhaust and Drive the digital transformation of business and enhance real-time rate and 100% hazardous waste disposal compliance rate;
monitoring. Solid Waste
All achieved
Irregularities in selection Emissions Normal operation of equipment and facilities
and appointment Strengthen selection and appointment criteria and enforce rigorous
Financial fraud processes for selecting and appointing officials.Integrity Risks Corruption bribery and Fully leverage assessment results to drive accountability and corrective Expect to achieve a 20% reduction in carbon emission intensity per unit product
self-seeking misconduct actions. Carbon Emissions In progressby 2025.Strengthen anti-corruption training to foster a culture of integrity across the
organization.22 Anhui Gujing Distillery Company Limited Our Philosophy: Crafting Fine Liquor for a Happy Life 23
ESG Topic Management Gujing Distillery’s ESG Materiality Matrix
1. Product quality and food safety
In alignment with macro policy directions industry development trends and our business realities and in accordance with the
requirements set by the SASAC and stock exchanges we established a four-step process comprising stakeholder selection topic 2. Customer service7. Occupational health
8. Pollutant and waste and safety
identification materiality assessment and validation to conduct materiality management and analysis from financial materiality 影 4. Addressing managementclimate change
and impact materiality. We identified 20 key topics and collected 1517 questionnaires. By benchmarking against leading 响 6. Supply chain management and 3. Technological innovation and
responsible procurement digitalization
enterprises and gathering expert insights we conducted a materiality assessment categorized and prioritized the topics and 重要 9. Carbon emiss ions and energy ef f i c iency management
emphatically analyzed the financial materiality of 9 key topics. Based on this we developed an ESG materiality matrix which was 5. Water resource 性 management
submitted to the Strategy and ESG Committee for review and approval to determine reporting scope and disclosure priorities.Gujing Distillery’s ESG Material Topics
1. Product quality and food safety 4. Addressing climate change 7. Occupational health and safety 财务重要性
Core Topics 2. Customer service 5. Water resource management 8. Pollutant and waste management
3. Technological innovation and 6. Supply chain management 9. Carbon emissions and energy
digitalization and responsible procurement efficiency management ESG Stakeholder Engagement
1 0 . L a w - b a s e d c o r p o ra t e 13. Employee rights and interests 16. Responsible marketing and With the growing demand for ESG information disclosures among A-share listed companies we view stakeholder engagement as
governance and compliance growth and well-being responsible drinking
management a key driver of our high-quality development. Utilizing multiple channels including our official website stock exchange platforms Important 14. Customer privacy protection 17. ESG governance
11. Risk prevention and control and data security mainstream media ESG reports and WeChat public accounts we actively communicate our ESG philosophy share best practices Topics 18. Biodiversity conservation and respond to stakeholder concerns and expectations. Moreover we have consistently applied the “Three-Listening and
12. Anti-corruption and business 15. Rural revi tal izat ion andethics regional contribution Three-System” approach which involves listening to customer complaints employee concerns and societal voices as well as
implementing the planned task list system the time and location tracking system and the result-oriented performance evaluation
system. Through one-on-one face-to-face interactions we integrate stakeholder feedback into our action plans translating their
insights into tangible ESG initiatives and solutions.General 19. Recycling and green packaging
Topics 20. Public charity and volunteer services
Materiality Assessment of 9 Key ESG Topics
SN Key ESG Topics Financial Materiality Impact Materiality Assessment Assessment
1 Product quality and food safety High High Gujing Distillery’s Gujing Distillery’s Gujing Distillery’s Gujing Distillery’s Gujing Distillery’s Gujing Distillery’s
Stakeholder Official Website WeChat Public Account 2022 ESG Report 2023 ESG Report 2024 ESG Report
2 Customer service High High Communication Form
3 Technological innovation and digitalization High Medium ESG Capacity Building
4 Addressing climate change Medium Medium
5 Water resource management Medium High
We place a great emphasis on ESG capacity building by actively participating in various training programs organized by the SASAC
6 Supply chain management and responsible procurement High Medium
stock exchanges and third-party professional institutions. We have invited industry experts to deliver lectures to our executives and
7 Occupational health and safety High High employees thereby enhancing the professional proficiency and overall competency of our ESG personnel. Additionally we have
engaged in the research project on social responsibility of state-owned enterprises guided by the SASAC have been recognized in
8 Pollutant and waste management Medium High various ESG rankings including the “ESG Pioneer 100 Index for State-Owned Listed Companies (2024)” and the “China ESG Listed
9 Carbon emissions and energy efficiency management High Medium Companies Pioneer 50 in the Yangtze River Delta Region (2024)” by China Media Group and once again won the “Guoxin Cup”Top 100 ESG Golden Bull Award. Furthermore we have actively provided specialized ESG training to our suppliers distributors and
Note: The financial materiality assessment is preliminary and will be continuously updated. contractors fostering a sound ESG ecosystem among our partners within the industry and supply chains.24 Anhui Gujing Distillery Company Limited Our Management: Integrity Fairness and Transparency 25
Our Management
Integrity Fairness and Transparency
At Gujing Distillery ESG matters have been incorporated into our corporate social
responsibility framework for overall management. We drive high-quality business
development through high-quality Party-building practices. Centering around
the ESG topics we uphold the highest standards in environmental management
actively fulfill social responsibilities and continuously refine our governance
structure. Furthermore we strengthen the Board of Directors ensure compliance
management and law-based operations and reinforce anti-corruption initiatives
so as to constantly improve our core functions and core competitiveness.Our PerformanceAdhering to the“ one Party branch with We were awarded the honoraryone distinctive feature” approach we title of 2022–2023 AAA-Levelselected and nurtured 19 exemplary “Contract Compliance andParty-building models. Creditworthy Enterprise” in
Anhui Province. Our Actions
Our legal review rate (including the O u r a n t i - c o r r u p t i o n e d u c a t i o n
legal review of corporate rules and coverage reached 100%.regulations economic contracts major 26 > Holding High the Banner of Party Building Leadership
decisions and new product R&D)
100 28 > Solidifying Our Foundation through Corporate Governancereached %.
30 > Ensuring Compliance Management and Law-Based Operations
33 > Prioritizing Risk Prevention and Control for Steady and Long-Term Growth
35 > Staying Committed to Combating Corruption and Upholding Integrity26 Anhui Gujing Distillery Company Limited Our Management: Integrity Fairness and Transparency 27
Holding High the Banner of Party Building
Leadership
Upholding the Communist Party of China (CPC) leadership and strengthening Party building are the glorious traditions and unique
advantages of state-owned enterprises (SOEs) forming the very “roots” and “soul” that underpin their development. In 2024
we followed the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era and earnestly implemented
the guiding principles of General Secretary Xi Jinping’s important discourse on Party building in state-owned enterprises ensuring
that key political tasks including studying and implementing the guiding principles of the 20th CPC National Congress the third
In August 2024 a delegation from the municipal Party committee on In October 2024 our Party Committee held a seminar on conveying
plenary session of the 20th CPC Central Committee and General Secretary Xi Jinping’s important speech during his visit to Anhui studying and implementing the guiding principles of the third plenary the guiding principles of General Secretary Xi Jinping’s important
as well as Party discipline learning and education have been effectively implemented. These efforts serve as a strong political session of the 20th CPC Central Committee held a lecture at Gujing. speech during his visit to Anhui. 神
guarantee for our high-quality development.Building up the Strength of Primary-Level OrganizationsStrengthening the Party Politically We have established a working philosophy that “Party building serves as the foundation of an enterprise driving its growth andensuring its stability”. With this in mind we have integrated Party building into corporate governance and business operations.We uphold overall Party leadership by firmly placing political development at the forefront of our corporate priorities and We have established Party branches within workshops markets and frontline operations ensuring that the “red engine” (Party
regarding absolute loyalty to the Party as the foremost political virtue and the fundamental political condition for all business building) acts as a continuous driving force for our development. To enhance standardization and institutionalization we have
endeavors. We are a staunch supporter of establishing both Comrade Xi Jinping’s core position on the Party Central Committee launched the “Year of Strengthening Primary-Level Organizations” initiative and pushed the scheduled re-election of primary-
and in the Party as a whole and the guiding role of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era level Party organizations and the rectification of underperforming Party organizations. Training and education in rotation have
while remaining committed to upholding Comrade Xi Jinping’s core position on the Party Central Committee and in the Party as a been conducted for Party members ensuring full coverage of both full-time and part-time Party affairs personnel. Moreover we
whole and the Party Central Committee’s authority and its centralized unified leadership. We have rigorously enforced the Party’s have further promoted the integration of Party building with business operations by organizing 73 joint Party-building activities.political rules and discipline and strictly implemented the system for requesting instructions from and submitting reports to the Adhering to the “one Party branch with one distinctive feature” approach we have selected and nurtured 19 exemplary Party-
Central Committee ensuring that the work of our Party Committee advances in the right direction. We have scrupulously fulfilled building models. The Party-building assessment mechanism has been optimized with Party organization secretaries undergoing
the political responsibility of the leading Party members group in setting the right direction keeping in mind the big picture and reviews and assessments of their grassroots Party-building efforts. Based on the assessment results a list of issues has been
ensuring the implementation of Party policies and principles. The Secretary of the Party Committee has conscientiously fulfilled established to ensure follow-up rectification and closed-loop management. Furthermore we have strengthened the Communist
the responsibility as the “first person in charge” while Party Committee members have diligently performed their Party-building Youth League (CYL) building through Party building thereby fostering greater vitality among the CYL members and young officials.responsibilities in addition to their prescribed duties. Party members in positions of leadership have maintained their participation
in both the democratic meetings for leaderships and the regular Party activities at the grassroots level. In this way we have Examples of Party-Building Models Upholding “One Party Branch with One Distinctive Feature”
effectively played the exemplary role of leading officials the “key few”.The Party Branch of No. 3 Workshop The Party Branch of the Procurement The Party Branch of Digitalization
Finished Product Bottling Department II Center CenterEnhancing the Intellectual and Theoretical Competence The Party branch has established The Party branch has established an area of The Party branch has launched an the “Three Connections and One responsibility for Party members featuring “Three e-Party building platform “DigitalSupport” humanistic Party-building Integrations and Three Demonstrations” where Vanguard” to solve user problems
b ra n d w h i c h e n c o m p a s s e s
We have firmly established a strong ideological foundation by guiding all Party our Party Committee Theoretical Party members integrate into their positions and ensure the stable operation of “People Connection” “Business by showcasing their identities and acting as the business system.members to consciously become firm believers and loyal practitioners of Xi Jinping Study Central Group held 12 Connection” “Management pioneers integrate into designated areas byThought on Socialism with Chinese Characteristics for a New Era. To rigorously Connection” and “Heartfelt study sessions and engaged 39 Support” striving to bring tangible making commitments and solving challenges
implement the “First Agenda” system we have organized Party Committee meetings participants in exchanges and benefits to employees. and integrate into the frontlines by upholding their image and taking practical actions. These
and Party Committee Theoretical Study Central Group study sessions to promptly discussions. requirements urge Party members to fully play
follow up on studying the important speeches of General Secretary Xi Jinping their parts.consolidated and expanded the achievements of thematic education and carried Throughout the year a total of
out Party discipline learning and education. With a focus on specialized training 3045 lectures were delivered
publicity and dissemination discussions and exchanges as well as research and Developing a Strong Contingent of Officials and Talents
investigations we have advanced in-depth learning thorough understanding reaching an audience of 87000
and effective implementation of Party organizations at all levels. We have strictly people. We are committed to developing a contingent of highly competent officials with firm faith and excellent conduct through practical
implemented the responsibility system for ideological work conducted regular efforts laying a solid talent foundation for our development. We have co-opted 3 new Party Committee members and by-elected
analyses assessments and specialized research on ideological work and convened 1 new Discipline Inspection Committee member to strengthen our leadership team. We have enforced a rigorous selection and
conferences on the work of public communication and culture. Through these appointment process for mid-level management by revising the implementation measures for their selection appointment
initiatives we have strengthened deployment in the ideological work and the work of supervision and management. We have strengthened the application of comprehensive assessment results promoted job rotation
public communication and culture while enhancing public opinion management. In and standardized open competition for positions. Moreover we have held the conference on talent-related work and advanced the
2024 our Party Committee Theoretical Study Central Group held 12 study sessions and “Seedling Program” and the “Inheritance Program”. Sustained efforts have been made to provide professional skills training and
engaged 39 participants in exchanges and discussions. Throughout the year a total organize distinctive learning and practical activities such as hands-on experiences in the workshop and volunteer services for major
of 3045 lectures were delivered reaching an audience of 87000 people. events. Additionally we have selected outstanding officials for training at higher-level organizations with the aim of developing a
high-caliber contingent of officials and talents in all aspects.28 Anhui Gujing Distillery Company Limited Our Management: Integrity Fairness and Transparency 29
Solidifying Our Foundation through Corporate In accordance with the Articles of Association the Rules of Procedure for the Board of Directors the
Governance Independent Director System and other relevant systems the Board members diligently fulfill their responsibilities and obligations and actively participate in training programs to ensure the scientific and
accurate decision-making of the Company’s major issues.Board of
Directors and The Board of Directors has established four specialized committees namely the Audit Committee
At Gujing Distillery we rigorously comply with applicable laws and regulations in the People’s Republic of China such as the Specialized the Nomination Committee the Remuneration and Appraisal Committee and the Strategy and ESG
Company Law the Securities Law the Code of Corporate Governance for Listed Companies in China and the Rules Governing the Committees Committee. These committees provide scientific and professional advice for the decision-making of the
Listing of Shares on Shenzhen Stock Exchange. In line with the requirements for building a modern corporate system we have Board of Directors.established and continuously refined our governance structure consisting of the Shareholders’ Meeting the Board of Directors the In 2024 the Board of Directors held 4 meetings and the specialized committees under the Board of
Board of Supervisors and the management to ensure scientific decision-making efficient execution and robust oversight. With a Directors held 8 meetings.strong emphasis on protecting investors’ rights and interests we have effectively protected the legitimate rights and interests of
shareholders particularly those of minority shareholders so as to deliver long-term value for our investors. The Board of Supervisors comprises 5 supervisors including 2 employee supervisors. The number
of supervisors and the composition of the Board of Supervisors fully comply with legal and regulatory
requirements.Governance Framework Board of
Supervisors All supervisors following the Rules of Procedure for the Board of Supervisors oversee the major issues
related-party transactions and financial conditions of the Company and ensure that the Board members
We have revised the Articles of Association and other governance documents to constantly enhance our corporate governance and senior executives strictly comply with relevant laws and regulations in fulfilling their duties.framework. Our sound and efficient corporate governance structure comprising the Shareholders’ Meeting the Board of Directors
and the management ensures a corporate governance mechanism with well-defined powers and responsibilities and standardized In 2024 the Board of Supervisors held 4 meetings.operations thereby effectively guaranteeing the scientific rigor of our governance decisions.Authorized by the Board of Directors and acting within legal mandates the management is responsible
Management for organizing production and operation affairs implementing the Board resolutions in a coordinated
way and actively reporting work progress to the Board of Directors.Gujing Distillery’s Governance Structure
Shareholders’ Meeting
Strengthening the Board of Directors
Board of Directors Audit Committee A well-functioning Board of Directors is the cornerstone of the steady development of a company. Our Board of Directors consists
of 9 directors including 3 independent directors and 1 female director. The Board members with diverse and professional
backgrounds can give multidimensional insights into corporate strategies and decision-making and provide comprehensive
Strategy and ESG Committee
intellectual support for the development of the Company.Board of Supervisors
Nomination Committee In strict compliance with modern corporate governance principles our Board of Directors has established comprehensive rules
of procedure and decision-making processes. All major issues must undergo thorough discussion rigorous evaluation and
Chairman Remuneration and Appraisal Committee democratic voting to ensure scientific and impartial decision-making. Independent directors conscientiously perform their duties
and play a critical role in the Board of Directors by participating in decision-making conducting supervision and counterbalance
and providing professional advice so as to safeguard the overall interests of the listed company and protect the legitimate rights
General Manager and interests of minority shareholders.Executive Deputy General Manager Protecting Shareholders’ Rights and Interests
Deputy General Manager We are committed to ensuring shareholders’ right to be informed by fulfilling our statutory disclosure obligations with authenticity
accuracy completeness and timeliness. We pay attention to the interactions and exchanges with our investors including
shareholders and actively engage in diversified and adequate communication. To closely align corporate development with
Headquarters’ Functional Departments & Subsidiaries investor expectations we regularly hold shareholders’ meetings to communicate our business performance and major decisions
with investors while extensively collecting their views and suggestions. Meanwhile we facilitate real-time engagement with
investors via multiple channels such as performance briefings investor hotlines and the Shenzhen Stock Exchange Online
Interactive Platform (irm.cninfo.com.cn) promptly answering their inquiries and enabling them to get first-hand information about
Strictly complies with the applicable laws and regulations in the People’s Republic of China such as the the Company. We received an A-level evaluation in the information disclosure assessment of listed companies on the main board of
Company Law and the Rules of Procedure for the Shareholders’ Meeting ensuring that all convening the Shenzhen Stock Exchange for the years 2023-2024.holding and voting procedures of the Shareholders’ Meeting are strictly regulated.Shareholders’ While pursuing business growth and development Gujing Distillery remains committed to delivering sustainable and competitive
Meeting Fully safeguards shareholders’ rights and interests and upholds fair and equal treatment of all shareholder returns and sharing the results of our business development with our investors. In 2024 we carry out cash dividends
shareholders with a particular focus on minority shareholders. at a higher proportion implementing the 2023 dividend plan to distribute a cash dividend of RMB 45.00 (including tax) for every
1 10 shares; the board of directors has approved the 2024 interim dividend plan and plans to distribute a cash dividend of RMB In 2024 we held annual Shareholders’ Meeting. 10.00 (including tax) for every 10 shares. Thosenot only generated substantial returns for investors and reinforced their trust
and confidence in the Company but also further showcased our strength and development potential.30 Anhui Gujing Distillery Company Limited Our Management: Integrity Fairness and Transparency 31
Ensuring Compliance Management and Law- Advancing Law-Based Corporate Governance
Based Operations
Continued to optimize the application of the contract management system organized 24 thematic
We are committed to establishing a comprehensive compliance management system advancing the implementation of the 2023– activities on enhancing contract management.
2025 Action Plan for Building a Law-Based New Gujing and maintaining an unwavering dedication to integrity management and Enhancing
corporate governance according to the law. Contract Strengthened contract standardization and process supervision to further prevent and control contract
Management risks.Compliance Management System Awarded the honorary title of 2022–2023 AAA-Level “Contract Compliance and Creditworthy Enterprise”
in Anhui Province.We adhere to the guidance of Xi Jinping "1 + 5 + 1" law-based Gujing model
Thought on Socialism with Chinese
Characteristics for a New Era thoroughly Adhere to integrating the Party's leadership into all
implement Xi Jinping Thought on the 1 Adherence aspects of managing the enterprise in accordance
Rule of Law aim to deeply promote the with the law.construction of a law - based Gujing Improved the construction of the institutional system reflect the requirements of institutional construction
continuously strengthen the compliance throughout the entire process all aspects and all levels of enterprise operation and development and Optimizing
Enhance the ability of legal guidance enhance promote the modernization of enterprise governance.management of the enterprise and the
p ro m o t e t h e i n n ova t i o n q u a l i t y the ability of governance in accordance with the Institutional 5 Strengthened the implementation of systems fill management gaps develop systems for data Enhancements law enhance the ability of contract management System 4improvement efficiency enhancement management revise and improve systems for cost management and help employees fully and enhance the ability of risk prevention and control 16
and all - round development of the accurately understand and apply the systems.and enhance the ability of legal safeguard.enterprise's law - based construction.Through practical exploration we have
constructed a "1 + 5 + 1" law-based 1 System Establish a compliance management system.Gujing model.Lead Department for Compliance Management Enhanced the compliance review mechanism for major issues by releasing the Notice on Strengthening
the Legality Review of Major Issues. In 2024 we issued 32 legal opinions on major legal issues.The Legal Affairs Department serves as the lead department for compliance management is responsible for organizing Integrating Business
coordinating guiding and supervising compliance management work and providing compliance support for other and Legal Enhanced the efficiency of litigation case management by analyzing typical cases summarizing
departments. Its main responsibilities include: Compliance insights from similar cases identifying management weaknesses and vulnerabilities and implementing
targeted improvements to systems and processes thereby fostering a virtuous cycle through case-based
(I) Reporting major issues on compliance management to the Compliance Committee; management enhancement.(II) Researching and drafting compliance management plans work reports fundamental policies and specific regulations;
(III) Participating in legal and compliance reviews of major issues of the Company and providing opinions and suggestions;
(IV) Guiding the compliance management work of all business units organizing compliance risk identification early
warning and inspections and leading the responses to major compliance risks;
(V) Organizing and implementing the annual compliance training program. Incorporated legal compliance education into our training system and conducted 16 study sessions
covering Xi Jinping Thought on the Rule of Law the Company Law the Regulations on Disciplinary Actions
for State-Owned Enterprise Executives and other relevant laws and regulations as well as Party rules.Compliance Officers Hosted over 60 training sessions on compliance matters and the newly revised Company Law for
management personnel.Each business unit is primarily responsible for compliance management with dedicated Compliance Officers and Compliance Conducting
Liaisons assigned. Compliance Officers are designated among the relevant heads of the business unit and are responsible for legal and Provided insights into new laws and regulations analyze typical legal issues and learn excellent
compliance
conducting compliance reviews of the business management activities within their respective departments or areas. compliance practices.educationSuccessfully organized the First Bozhou Legal Compliance Knowledge Contest and the Bozhou “GujingCup” Civil Code Knowledge Quiz.Compliance Liaisons
Established a communication and negotiation mechanism with the People’s Procuratorate of Bozhou
Compliance Liaisons are selected from key personnel within business units and are responsible for gathering compliance City to set up a Procuratorial Business Protection Workstation to jointly foster a legally sound business
environment.risk information and assisting in compliance risk identification assessments early warning reporting and training
activities within their business units.32 Anhui Gujing Distillery Company Limited Our Management: Integrity Fairness and Transparency 33
Prioritizing Risk Prevention and Control for
Steady and Long-Term Growth
At Gujing Distillery we place great emphasis on enterprise-wide risk management. We have continuously optimized our enterprise-
wide risk management system and established clear risk management objectives with a view to ensuring strong organizational
support and adequate human resources while promoting our sustained sound and steady development. In 2024 no major risk
incidents were reported.Internal Control Management
Establishing a Sound Internal Control System
We have established the Basic Standards for Enterprise Internal Control and an internal control system in tandem with actual
Gujing Distillery organized the First Bozhou Legal Compliance Gujing Distillery provided compliance management training for business operations to ensure compliance and orderliness in all business activities. Meanwhile we have developed and
Knowledge Contest. middle and senior managers. implemented the Internal Control Management Manual of Anhui Gujing Distillery Company Limited aiming to further refine
our internal control work ensure that internal control initiatives function in a standardized and systematic manner minimize or
mitigate risks and enhance our operational and management level.Gujing Distillery’s Performance in Law-Based Corporate Governance
Strengthening Internal Audits
Legal review rate (including the legal review of corporate rules and regulations economic contracts major decisions and new
product R&D)（%） As a critical line of defense in risk management internal audits play an essential role in supervision and evaluation. In 2024 we
focused on three key pillars i.e. core business research-based audit and talent development to enhance internal audit quality
and efficiency thereby supporting the Company’s overall high-quality development.
2023100
Building a value-added audit system with a focus on core business
2024100
We have adopted a problem-oriented approach and actively explored building a modern internal audit system with risks as
the orientation control as the priority governance as the goal and an increase in value as the purpose.We have constantly expanded the audit scope with the aim of adding value.Major legal cases supervised（Cases） Economic contract fulfillment rate（%） We have strengthened the internal control system with risk management as the orientation.We have supported value-added sales in the market by combining checking and prevention.
2023 年 19 2023 年 99.95 We have strictly controlled engineering quality and costs through process follow-up.
2024 年 5 2024 年 100 We have pooled efforts to enhance supervision effectiveness by integrating discipline inspection with auditing.
Deeply conducting research-based audits to achieve phased targets
Considering research-based internal auditing as an important topic we have incorporated it into the entire audit process.Civil litigation cases（Cases） Civil litigation claims（RMB 10000） During the implementation phase we have adhered to a problem-oriented approach traced issues to their root causes
conducted thorough assessments and formulated well-founded audit recommendations.
2023 年 361 2023 年 1934 During the rectification phase we have established a long-term rectification mechanism by formulating rectification
policies holding rectification meetings and conducting follow-up supervision.
2024年4412024年1001
During the outcome application phase we have summarized and collected typical and recurring issues strengthened
warning education and enhanced risk early warning.34 Anhui Gujing Distillery Company Limited Our Management: Integrity Fairness and Transparency 35
Cultivating outstanding auditors through various measures Staying Committed to Combating Corruption
and Upholding IntegrityTo build a robust audit team we have taken various measures such as job rotations assuming a temporary post for
training and development and learning from examples.
1 auditor was recognized as an Outstanding Official in Inspections by the Municipal Committee. We uphold a zero-tolerance policy against bribery fraud money laundering and unfair competition in strict compliance with
relevant laws and regulations of the People’s Republic of China including the Company Law the Anti-Money Laundering Law the
We organized employees to attend the training sessions on theoretical research organized by the Anhui Audit Society for Anti-Unfair Competition Law the Interim Provisions on Banning Commercial Bribery and the Several Provisions on Clean Conduct
core auditors conducted online training on economic responsibility auditing and compliance auditing and leveraged for Leaders in State-Owned Enterprises.multiple channels to drive audit innovations.Risk Management Anti-Unfair Competition
Risk Management System We hold fast to fair competition as a fundamental business principle and firmly believe that only a fair and just market order can
foster the sound development of the whole industry and create greater value for society. To this end we have established codes
We have established an enterprise-wide risk management department to promote the implementation of specific tasks in the of conduct for our employees in market competition to prevent irregular conduct from the institutional level. In daily operations
area of risk management. Each business unit designates key personnel as risk management specialists who are responsible for we closely monitor market dynamics. If signs of unfair competition arise we promptly initiate investigations to safeguard the
identifying and assessing risks as well as formulating mitigation measures. This top-down approach with great attention and clear Company’s legitimate rights and interests in compliance with legal regulations.accountability at all levels has effectively fostered the establishment of a robust risk management system and ensured the orderly
advancement of risk management efforts.Responsible for promoting the implementation of
Led by Enterprise-Wide Risk Management Department
specific tasks in the area of risk management
Implemented Responsible for identifying and assessing risks as
by Designated key personnel well as formulating mitigation measures
Risk Identification and Assessment
We have conducted annual risk assessments. Gaining insights from government policies external risk incidents and typical cases
we have evaluated the exercise of powers and the implementation of accountability within the Company conducted targeted risk
investigations on key links and major businesses and analyzed internal and external risk factors that may greatly impact corporate
operations and management from multiple dimensions. Additionally we have convened specialized meetings in a timely manner
to formulate countermeasures and implementation plans effectively optimizing and enhancing our risk management system.Fostering a Risk Management Culture
We have integrated risk management into our corporate culture and incorporated risk management concepts into our daily
operations. Our internal platform irregularly disseminates risk management-related content aiming to foster a risk management In April 2024 Mingguang Liquor hosted the 18th Joint Conference on Anti-Unfair Competition for Leading Baijiu Enterprises in Anhui Province.culture. Furthermore we have conducted risk training programs in diverse forms including internal and external training on-
the-job audit training and simultaneous audit and training sessions. Through these initiatives we have enhanced employees’
awareness and understanding of risk management empowered all units to timely identify analyze and guard against risks and
ultimately ensured effective management of risks.Anti-Corruption
Due Diligence
Upholding Business Ethics
We have formed a review team consisting of the Financial Management Center Corporate Management Center Internal Audit
Center and Digitalization Center to conduct due diligence on internal control of institutional processes. By organizing 146 Business ethics serve as the foundation of our corporate growth. We uphold the principles of integrity fairness and transparency
processes around the supply chain module and production module 68 processes were standardized through mode optimization and incorporate them into every aspect of our operations. In supplier management all suppliers are required to sign the Integrity
informatization standardization and breaking departmental boundaries and 118 suggestions were implemented to improve Commitment Agreement strictly prohibiting any form of commercial bribery or improper benefit transfers. In 2024 3 of our
employees proactively rejected and promptly reported unethical supplier practices and earned company-wide commendation
work quality and efficiency; Reduce manual duplicate storage by 116200 times per year; Standardize business management setting an example to inspire all employees to foster a clean and upright political atmosphere through concrete actions.prevent risks and achieve cost reduction and efficiency improvement.36 Anhui Gujing Distillery Company Limited Our Management: Integrity Fairness and Transparency 37
Combating Corruption and Upholding Integrity Gujing Distillery’s Performance in Combating Corruption and Upholding Integrity
Indicator 2022 2023 2024
We conducted targeted supervision campaigns to study publicize and implement the guiding principles
of the 20th CPC National Congress the third plenary session of the 20th CPC Central Committee and Anti-corruption education coverage (%) 100 100 100
General Secretary Xi Jinping’s important speech during his visit to Anhui oversaw and inspected the
implementation of full and rigorous Party self-governance in primary-level Party organizations and Anti-corruption training hours for Board members (hours) —— 38 69
launched special initiatives to strengthen oversight on leading bodies so as to identify issues and
supervise the rectification. Anti-corruption training hours for employees (hours) —— 24608 31882
Enhancing Shouldering principal responsibilities earnestly. We developed the List of Work Tasks in Assuming
Political Principal Responsibilities for Full and Rigorous Party Self-governance in 2024 followed up the
Employee integrity training coverage (%) 100 100 100
implementation of leading bodies and their heads in assuming principal responsibilities for full and
Oversight rigorous party self-governance on a quarterly basis and promoted disciplinary inspections and Resolved corruption lawsuits (cases) 0 0 0
rectification.Integrity review coverage (persons) 193 431 363
The Work Plan for Rectifying and Supervising Issues Identified in Disciplinary Inspections by the
Discipline Inspection Committee was formulated and a dedicated oversight team was established Total number and percentage of Board members accepting anti-commercial
to follow up and supervise the entire process of rectifying the issues identified in disciplinary 100 100 100bribery and anti-corruption training (%)
inspections.Total number and percentage of management accepting anti-management
100100100
bribery and anti-corruption training (%)
We focused on risk points of integrity and emerging and tendentious problems and prompted Total number and percentage of employees accepting anti-management bribery 100 100 100
Party organizations at all levels to conduct discussions on assuming principal responsibilities. and anti-corruption training (%)
Besides we ensured integrity in personnel selection and appointment and conducted ethical
screenings of candidates for promotions nominations awards and recognitions. Moreover we
carried out random audits of subsidiaries’ loans and procurement transactions to fully perform
our principal and oversight responsibilities for strengthening supervision and preventing risks. Establishing Unimpeded Supervision Channels
Upholding a problem-oriented approach and strengthening comprehensive rectifications. We To facilitate various supervision and reporting channels for employees we have established reporting mailboxes launched a 24-Strengthening conducted in-depth investigations into Party members and officials illegally doing business hour complaint and reporting hotline made our contact numbers and email addresses publicly available and set up “ethicalRoutine or engaging in private lending and other profit-driven activities. Additionally we advanced monitoring points” across our grassroots units and service areas. Employees are encouraged to actively participate in supervision
Supervision specialized rectification efforts targeting corruption in project bidding within the construction and report any potential violations of ethical standards or legal regulations within the Company’s operations.sector and the illegal trading of stocks.Remaining vigilant at critical moments to maintain a clean and upright work environment. During
festive periods we issued reminder notices sent integrity reminders via SMS and conducted
Gujing Distillery’s Whistleblowing Channels
special oversight on holidays to foster an atmosphere of integrity during holiday periods.Moreover we issued the Notice on Strengthening Warning Education for Drink-Driving and Drunk
Driving using case studies as warnings to educate employees consciously reinforce law-abiding Hotline:0558-5718060 Email:gjjtjw@163.com
awareness and resolutely eliminate the drunk driving behavior.Strengthening centralized education. We hosted integrity education training sessions and warning
education conferences and learned confession statements from those who violated disciplines
and laws aiming to ensure that all Party members and management personnel remain vigilant
abide by principles and hold discipline in awe. Whistleblower Protection Mechanism
Conducting Integrating on-site education. We organized Party members and management personnel to We strictly comply with the Working Rules for Handling Reports and Complaints by Discipline Inspection and Supervision Agencies
Integrity
accept warning education at the Municipal Anti-Corruption Education Center and participate in rigorously implementing confidentiality requirements and the recusal system. We have established a Case Management Office
Education
court hearings thereby deepening their understanding and reverence for disciplines and laws. assigned dedicated personnel to accept reported cases and standardized the registering submitting and handling processes.When handling reported cases any information that could reveal the whistleblower’s identity is concealed to protect their legal
Focusing on education at different levels. We conducted training sessions for grassroots and rights and interests to the greatest extent possible. Moreover we have strengthened education and supervision while strictly
newly promoted managers themed “Building an Upright Gujing with Strict Discipline” and enforcing case-handling discipline. Investigators are explicitly reminded of confidentiality rules and case-handling safety
delivered disciplinary education lectures at subsidiaries and sales markets. requirements before handling any case and the accountability of the investigation team leader is further reinforced to ensure that
all cases are handled fairly lawfully and efficiently.38 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 39
Our Practices
Building on Integrity Crafting Fine
Liquor Upholding Self-Discipline and
Benefiting Society
Gujing Distillery remains steadfast in serving national strategies and meetingthe needs of the people and upholds the core values of “building on integritycrafting fine liquor upholding self-discipline and benefiting society”. With a
dedicated focus on our primary business baijiu we are committed to delivering
superior quality and services continuously enhancing brand value and driving the
development of new quality productive forces through technological innovation
and digitalization. Furthermore we actively protect the ecological environment
improve people’s well-being and foster a harmonious and mutually beneficial
corporate ecosystem wholeheartedly contributing to a better life for the people.Our Performance
The product pass rate at the factory The brand value of “Gujinggong”
reached 100%. reached RMB 375.756 billion
ranking fourth in China’s baijiu industry
and first in Anhui Province’s liquor
A total of RMB 435 million was invested sector. Our Actions
in R&D.The comprehensive energy consumption The proportion of female managers
per RMB 10000 output reached 0.04 (mid-to-senior level) was 8.10%.tons of standard coal per RMB 10000. 40 > Delivering Genuine Quality and 77 > Ensuring Safety and Stability through
Exceptional Services Coordinated Management
A total of RMB 10378700 was 100% suppliers signed the Integrity
invested in workplace safety. Commitment Agreement. 49 > Strengthening Brand Prestige 81 > Nurturing Talented Personnel and
through Cultural Influence Caring for Employees
A total of over RMB 8 million in grants and scholarships was distributed through the > Advancing Innovative Development > Promoting Industry-Wide Prosperity
Golden Autumn Student Assistance and Scholarship Program benefiting more than 52 88
1500 with Science and Technology through Win-Win Cooperationstudents.
61 > Fostering a Pleasant Ecological 92 > Making Charitable Efforts and Giving
Environment Back to Society40 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 41
Delivering Genuine Quality and Exceptional
Service Gujing Distillery’s “Four Pillars and Eight Cornerstones” Quality Expression System
Four Pillars Eight Cornerstones
We adhere to the principles of “quality foremost” and “customer first” and strictly comply with applicable laws and regulations
of the People’s Republic of China including the Product Quality Law the Food Safety Law the Advertising Law and the Law on the Gujinggongjiu · Nianfenyuanjiang Grain Research Scientific Grain Utilization
Protection of Consumer Rights and Interests. We have launched the “Three Excellence Initiative” centered on pursuing excellence
Institute
in quality integrity and branding and continuously advanced our comprehensive quality project. All of our efforts aim to achieve Baijiu Traceability
full lifecycle quality control from grain to liquor. Moreover we have constantly improved our customer service system and regulated Gujinggongjiu · Nianfenyuanjiang Quality Research
our marketing practices striving to become the most popular and respected baijiu company in China. Institute Quality Control Guidelines
Chinese Baijiu Healthy Research Institute Lean Quality
Quality Control
Gujinggongjiu · Nianfenyuanjiang Cultural Research Intelligent Manufacturing
“Excellence in quality” is the cornerstone of Gujing Distillery’s “Three Excellence Initiative”. We are dedicated to crafting superior Institute Flavor and Health
baijiu rigorously implementing the quality control guidelines and developing our distinctive quality construction system consisting
of “Four Pillars and Eight Cornerstones”. By enforcing a matrix-based quality control system we have fully implemented our “135 Inheritance of Intangible Cultural HeritageLean Quality” management model and strengthened full-process end-to-end quality control from raw material breeding to final Contribution and Sharing
product delivery. As a result we have received numerous honors including the National Advanced Enterprise in Quality Integrity
the National Trustworthy Product in Quality Inspection and the National Consistently Qualified Product in Quality Inspection.Quality Control and Food Safety Objectives & Targets Achievement Status in 2024
Gujing Distillery’s Distinctive “135 Lean Quality” Management Model
Zero major quality incidents Achieved
“1” Guided by the Performance Excellence Model (PEM)
Zero food safety incidents Achieved
+
100% product pass rate in market sampling
Achieved
inspections “3” Supported by three core systems—quality food safety and integrity
0% product withdrawal and recall rate Achieved +
“5” Guaranteed by five key “Lean Quality” actions based on the Plan-Do-Check-Act (PDCA) cycle
Note: The “135 Lean Quality” management model has been recognized as a “Quality Benchmark for Industrial Enterprises” by the Ministry
2021 2022 2023 2024 of Industry and Information Technology (MIIT) of the People’s Republic of China.
Product pass rate at the
factory (%) 100 100 100 100
Full-Process End-to-End Quality Control
We have established a robust quality organizational network covering corporate leadership functional departments and
individual positions. The Company’s principal leaders are responsible for planning and deploying the overall quality work while
the Technology and Quality Center Procurement Center Brewing Management Center and Digitalization Center perform their
Product pass rate in market 100 100 100 100 duties and collaborate with each other. In this way we have promoted the implementation of the principal accountability and sampling inspections (%) quality responsibility system for all employees within the Company from top to bottom. Through various initiatives including
deepening the operation of “Four Institutes and One Laboratory” (see details in the section “Keywords of Gujing”) building a
comprehensive quality control system improving our liquor brewing quality at the Intelligent Industrial Park and rolling out the
Product batch inspection digital and intelligent Quality Management System (QMS) we have achieved the full lifecycle quality control from grain to liquor.coverage (%) 100 100 100 100
Keywords of Gujing
“Four Institutes and One Laboratory” refer to Chinese Baijiu Healthy Research Institute Gujinggongjiu ·
Product withdrawal and
recall rate (%) 0 0 0 0
Nianfenyuanjiang Grain Research Institute Gujinggongjiu · Nianfenyuanjiang Quality Research Institute Gujinggongjiu
· Nianfenyuanjiang Culture Research Instituteand Key Laboratory of Solid-State Fermentation Intelligent Brewing
Technology in Anhui Province.42 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 43
Selecting Premium Raw Materials Reinforcing the “Comprehensive Quality Control” System
Great baijiu begins with superior raw materials. We have organized and completed internal audits of Quality HACCP
We rigorously select raw grain suppliers and Integrity Management Systems identifying and addressing
and subject every raw material to stringent over 170 issues. The annual management review has been
screening. By placing our “first workshops” conducted and 6 management topics have been improved.(i.e. the first stage of production) in high- Meanwhile we have refined and implemented 87 criteria outlined
quality grain-producing areas nationwide we in the Gujinggongjiu · Nianfenyuanjiang Quality Control Guidelines
in collaboration with major grain enterprises while formulating 15 operating guidelines for intelligent industrial
and farmers have built raw grain planting parks including the Operating Guidelines for the Packaging Material
bases in high-quality grain-producing areas in Storage (Intensive Storage) Warehouse. Additionally we have
the three counties and one district of Bozhou actively participated in the development of external standards.Anhui Province to cultivate raw materials For example we have led the formulation of two Anhui provincial
tailored to our needs. With over 500000 standards and three Bozhou municipal standards while contributing
mu (a traditional unit of land area in China to the approval and release of two industry group standards
equal to 0.0667 hectares) of dedicated grain- thereby enhancing our influence in industry standard-setting.producing areas we have achieved the goal of Furthermore we have successfully passed the annual supervision
“from field to workshop” ensuring the use of and verification for the Quality HACCP and Integrity Management
premium grains for liquor production. Systems in 2024 as well as the annual top-grade liquor product
Gujing Distillery’s High-Quality Sorghum Planting Base certification. The experience and methodologies in Gujing Distillery’smanagement models such as the “135 Lean Quality ManagementModel” the “Intelligent Quality Management Model” and the“Management Model of Fulfilling Principal Responsibilities for FoodSafety” have been systematized and promoted to subsidiaries for
Wheat: Sourced from the wheat-producing areas in the wider adoption.Yellow and Huaihe river valleys rich in carbohydratesproteins and starch. During the reporting period Gujing Distillery successfully conducted exchange activities on building the “comprehensive qualitycontrol” system with its subsidiaries including Yellow Crane Tower Distillery Mingguang Liquor and Zhencang Distillery. These
Sorghum: Grown in western Liaoning featuring plump initiatives have driven improvements in quality and food safety management standardization and equipment automation across
kernels and high starch content. the subsidiaries.Corn: Sourced from major production areas in North and
Northeast China.Rice and Glutinous Rice: Excellent for fermentation and
saccharification properties.Stringent Brewing Process
We prioritize the liquor brewing quality at the Intelligent Industrial Park rigorously enforce production standards and process
control and ensure meticulous operations in every production stage. Weekly inspections have been organized to assess the
implementation of brewing and qu (a sacchariferous and fermentative agent used for baijiu production) making processes
and standardized operations across all departments followed by a review and verification of corrective actions. With a focus
on integrating traditional brewing techniques with digital technologies we have continuously refined solid-state fermentation
processes optimized operation standards and moisture parameters and gradually enhanced equipment management thereby
constantly improving the yield and quality of raw liquor.Enhancing Bottling Management
Recognizing baijiu bottling as a critical quality control step we maintain a clean well-ventilated environment in the bottling
workshop with proper temperature and humidity. Bottling equipment undergoes regular cleaning and disinfection with pre-
bottling inspections of raw liquor quality and packaging integrity. Moreover we have provided training for bottling staff and
made steady progress in the automated bottling project. During the reporting period defect rates in finished product inspections
continued to decline. No. 1 Workshop of the Intelligent Industrial Park reached design capacity and No. 2 Workshop of the
Intelligent Industrial Park successfully started production. Exchange Activities on Building the “Comprehensive Quality Control” System44 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 45
Traceability System Development Fostering a Culture of Quality
We have established a digital and intelligent Quality Management System (QMS) that automatically updates the details of Focusing on technological breakthroughs QC activities 8D reports key focus topics and quality trustworthy teams we have
packaging material use liquor body testing bottling process execution and delivery. By virtue of QMS we have established a strategically planned and launched 28 quality-themed initiatives. These include publicizing the culture of quality organizing a
complete quality data traceability chain which enables fast traceability from raw materials to finished products and vice versa and food safety co-governance storytelling competition providing a series of quality and food safety training sessions conducting
constantly strengthens the closed-loop management of issues. Moreover we maintain zero tolerance for product quality issues and supply chain quality enhancement programs presenting company-wide quality improvement results carrying out comprehensive
have established a fast-track quality issue response mechanism. By tracing the root causes of market-reported quality concerns quality risk inspections and participating in the “Quality Month” activity series in Anhui Province. Additionally we successfully
we have ensured the highest standards of product quality. hosted the “Second Gujinggongjiu · Nianfenyuanjiang Quality Award” event recognizing 5 outstanding organizations and 2exemplary individuals to establish quality benchmarks. These efforts have continuously reinforced our culture of quality that“ qualitycomes first and everyone should value and uphold it”.Forward Traceability
R&D Quality Procurement Manufacturing After-Sales
Management Quality Quality Quality Management Management Management
Suppliers
Optimization and
Improvement Production Process Information Feedback
Liquor Body Design
Reverse Management
(Improvement and Enhancement)
Intensifying Efforts in Systematic Inspection and Market Research Liang Jinhui Secretary of the Party Committee and Chairman of Gujing Distillery presented awards to the winners at the 2024 Gujing Distillery
Quality Award Ceremony.We have systematically resolved quality issues through a comprehensive review of products with similar structures and materials.Meanwhile we have actively engaged in market research on quality concerns by establishing a cross-departmental collaboration
and analysis mechanism with 16 quality issue communication meetings held across multiple departments. Moreover we have Food Safety Management
closely monitored suppliers’ quality issue resolutions through over 50 inspections covering 26 suppliers. A total of 147 issue
resolution loops were closed and non-compliant suppliers were issued penalty notices. To reinforce the implementation of “two responsibilities” for food safety (i.e. the territorial management responsibility and
the principal responsibility of enterprises) we have established a Food Safety Committee chaired by the Chairman and a Food
Safety Task Force led by the Chief Engineer to oversee and drive food safety management across the Company. We have held
dedicated food safety meetings to refine our implementation plan for fulfilling principal responsibilities for food safety and
have set up a “333311” food safety principal responsibility system. Moreover we have improved our food safety management
mechanism featuring “daily control weekly inspection and monthly scheduling” conducted company-wide major food safety
risk assessments and carried out specialized food safety quality audits. Leveraging digital technologies to manage food safety
we have automated the assessment function for “daily control” over food safety enabled online health certificate reminders and
established a one-click traceability system. Additionally we have organized targeted food safety training sessions continuously
launched the “one regulation with one test per month” initiative optimized food safety micro-course materials at various levels
and introduced a monthly food safety championship sharing mechanism to enhance employees’ food safety awareness and
management capabilities.During the reporting period we compiled 44 issues of the Weekly Food Safety Inspection and Rectification Report engaged
Gujing Distillery hosted a meeting on packaging material quality Gujing Distillery conducted a technical quality market research. 38000 participants in learning and assessments and achieved a 100% employee training coverage rate. Additionally we
analysis. conducted 137 specialized food safety training sessions within the workshop “Lean Dojo” framework.Customers
Storage and
Transportation
Management
Production and
Manufacturing
Supply
Management
Product and Process
Development46 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 47
Gujing Distillery’s “333311” Food Safety Principal Responsibility System Customer Service
Upholding a “customer first” philosophy and a market concept that “customer needs are our aspiration and customer benefits
3 Levels of Corporate executives Food Safety Director and Food Safety Officers define our value” we have continually enhanced our service quality enriched customer experience attentively listened to Management consumer concerns and feedback and refined our after-sales service system thereby effectively improving our service level and
elevating customer satisfaction.Core Responsibilities of corporate executives responsibilities of Food Safety Directors and 3 Responsibilities regulations/responsibilities of Food Safety Officers Protecting Customer Rights and Interests
In strict compliance with the Law of the People’s Republic of China on the Protection of Consumer Rights and Interests we have
diligently fulfilled product quality obligations improved product quality and service standards and safeguarded the basic
3 Phase Mechanism Daily control weekly inspection and monthly scheduling rights and interests of consumers including the right to know to safety and to choose. Furthermore we have maintained strict confidentiality of customer data prohibiting unauthorized disclosures and protecting consumer privacy and information security to
the maximum. In 2024 no customer-related privacy data breach incidents were reported.Conducting daily inspections against the Food Safety Risk Control Checklist and maintaining
accurate records in the Daily Food Safety Inspection Log Establishing Unimpeded Communication Channels
Conducting weekly inspections and compiling the Weekly Food Safety Inspection and We have interacted with consumers through various channels such as the global call center official website e-commerce platform
3 Key Tasks Rectification Report WeChat order meetings tasting events and customer satisfaction surveys to understand customer demands and expectations.
Organizing monthly scheduling meetings and documenting outcomes in the Monthly Food
Safety Scheduling Meeting Minutes Optimizing After-Sales Service
We have established multiple mechanisms to continuously refine relevant regulations and the after-sales support system such
as the Customer Complaint Handling Process the Return and Exchange Management Regulations the Market Quality Information
1 Evaluation System Food safety education and training assessment system Feedback Handling Measures the Issue List Feedback System and the Corrective and Preventive Actions Form. These mechanisms
ensure that every consumer complaint receives a swift response and timely resolution. A dedicated After-Sales Service Department
has been in place to handle complaints daily and an issue list system has been implemented to stipulate that a case should not be
closed until it has been fully resolved.
1 Incentive and Assessment Establishing an incentive system for Food Safety Directors and Officers
During the reporting period the Company maintained a high standard of efficiency and quality in complaint handling. 100%
of complaints were accepted within 24 hours and 95% of complaints were resolved within five days. More complex cases were
settled within 30 days.Promoting Consumer Engagement
We have continued to strengthen basic
market outlets by optimizing the layout
of exclusive stores and establishing
brand cultural experience centers
providing immersive brand experiences
for consumers. Through events such as
the Peach Blossom Spring Qu Festival
Gujing Fan Festival and Raw Grain Harvest
Festival we have deepened consumer
understanding of Gujing Distillery. Moreover
we have intensified our efforts in five
key consumer engagement initiatives
including tasting events free drinks for
consumers raw liquor exploration tours
Gujing Distillery obtained the certification In October 2024 the State Administration for Market Regulation held a workshop to cooperation with renowned enterprisesfor an “Advanced Unit in Fulfilling Principal exchange experiences in fulfilling corporate principal responsibilities for food safety by and promotional campaigns while offeringResponsibilities for Food Safety in Anhui Food Safety Director. At the meeting Gujing Distillery was recognized as a national modelProvince”. of innovative practice in fulfilling principal responsibilities for food safety and was the only baijiu customization services to meet
representative from the baijiu industry invited to deliver a speech and share experiences. diverse consumer needs. Gujinggongjiu · Nianfenyuanjiang Tasting event48 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 49
Conducting Customer Satisfaction Measurement Responsible Marketing
Utilizing the American Customer Satisfaction Index (ACSI) methodology we have conducted annual customer satisfaction surveys by We uphold a commitment to integrity in business operations and embrace our mission of “crafting fine liquor for a happy life”. To
questionnaire through independent third-party agencies. These surveys assess customer expectations perceived quality perceived this end we have continued to regulate our marketing and advertising practices ensure transparency in our product information
value customer satisfaction customer complaints and customer loyalty which have provided valuable insights for further optimizing and advocate for responsible drinking and healthy lifestyles.customer service enhancing consumer experiences and strengthening our competitive edge.Customer Service Performance We strictly comply with applicable Chinese laws and regulations such as the Advertising Law and
the Advertising Management Regulations standardizing the application review and delivery of
2021 2022 2023 2024 Regulating advertising scenarios.
Advertising
Practices We have strengthened new media oversight by regularly inspecting new media content quality
across all units and strictly enforcing the “three-tiered review and three-tiered proofreading”
Number of complaints (cases) 1263 2372 3515 2938 policy to prevent misleading or ambiguous marketing tactics.Complaint resolution rate (%) 100 100 100 100
Ensuring We have refined packaging and labeling details including clear indications of ingredients andProduct alcohol content across all baijiu products and have displayed the warning message “excessiveInformation drinking is harmful to health” on all products to help consumers make informed purchasing and
Transparency drinking decisions.Gujing Distillery Consumer Satisfaction SurveyProduct Performance Service Quality We participated in the 2024 National Responsible Drinking Week event advocating “ResponsibleYear Satisfaction Drinking and No Drink-Driving”.Index Liquor Body Packaging Purchase Purchase Promotion Promoting
Quality Quality Convenience Convenience Quality Responsible We regularly conducted awareness campaigns to prevent underage and pregnant women from
Drinking consuming alcohol and strictly prohibited employees from operating machinery under the
2021 0.91 9.22 9.12 9.29 9.35 9.11 influence of alcohol.
20220.929.349.249.399.469.21
20230.939.379.319.439.529.26
Strengthening Brand Prestige through Cultural
2024 0.93 9.40 9.36 9.45 9.52 9.26 Influence
Gujing Distillery Distributor Satisfaction SurveyAt Gujing Distillery we uphold the behavioral philosophy that “everyone represents the Gujing brand embodies its image andsets its example”. With this in mind we have continuously enhanced brand development through diverse marketing initiatives
Product Performance Service Quality and cultural promotions so as to strengthen our brand’s modern appeal and international presence. Moreover we have actively
Satisfaction engaged in global exchanges to showcase China’s aesthetic sensibilities expressive styles and cultural confidence to the world Year Index Liquor Packaging Service On-Site Anti- Reception Financial After- using baijiu culture as a medium to show the beauty of China.Body
Quality Quality Attitude Service
Counterfeit Sales
Supervision Service Audit Service
Strengthening Brand Management
20210.939.449.159.599.649.069.539.519.52
We place significant emphasis on brand management by establishing a Brand Committee as the Company’s decision-making
2022 0.93 9.51 9.28 9.59 9.66 9.10 9.58 9.56 9.54 body on branding and a Brand Management Center to execute brand-related decisions. A series of measures have been taken
across brand design media publicity brand activities and brand enhancement all aiming at continuously elevating our brand
2023 0.94 9.57 9.38 9.59 9.65 8.99 9.54 9.52 9.54 value. In 2024 Gujing Distillery received prestigious recognitions including the “China Time-Honored Brand” and the “CopyrightDemonstration Enterprise in Anhui Province”. Additionally in the First Cup of Chinese Wine Brand Evaluation (Huazunbei)
2024 0.94 9.58 9.38 9.65 9.66 9.06 9.59 9.53 9.56 “Gujinggong” was valued at RMB 375.756 billion ranking fourth among listed baijiu companies in China and securing the top
position among baijiu companies in Anhui Province.50 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 51
Amplifying Brand Presence Expanding International Business
Guided by the “Three Excellence Initiative” we have continued to implement an integrated brand marketing strategy. Under the We have orchestrated a series of “Gujinggongjiu · Nianfenyuanjiang Fragrant the World” Chinese Baijiu Culture Global Tour (Hong
overarching theme of “One Festival One Season One Ceremony and One Culture Festival” for brand IP events we have executed Kong China Station) event and unveiled the Gujinggongjiu · Nianfenyuanjiang Cultural Research Institute (Hong Kong Center) in
high-profile title sponsorship campaigns for CCTV’s Spring Festival Gala and the Chinese Poetry Conference while refining our collaboration with the Anhui Fraternity Association (Hong Kong). We have visited Kazakhstan and Uzbekistan and inaugurated the
national high-speed rail advertising initiatives. We have successfully hosted a series of brand IP events in 2024 including the Gujinggongjiu · Nianfenyuanjiang Cultural Research Institute (Tashkent Center). Additionally we have accompanied delegations
3rd Chinese New Year Culture Festival the 7th Peach Blossom Spring Qu Festival & the 3rd Gujing Fan Festival the 4th Raw Grain on business trips to markets in Southeast Asia Australia and New Zealand for overseas market expansion. Moreover we have
Harvest Festival the 11th Autumn Brewing Ceremony and the 5th International Distilled Spirits Technical Forum. Additionally we participated in various major events such as the China International Supply Chain Expo (CISCE) hosted by the China Council for
have spearheaded the launch of the “Three Gong Festival” themed “Gong Creation Gong Contribution and Gong Sharing” the Promotion of International Trade (CCPIT) the RCEP Local Governments and Friendship Cities Cooperation (Huangshan) Forum
engaging the public in co-creation initiatives that transformed our branding approach from value transmission to value co-creation hosted by the Foreign Affairs Office of Anhui Provincial People’s Government and the Macao International Trade and Investment
and further expanding Gujing’s brand influence. Fair (MIF) organized by the CCPIT Anhui Provincial Committee. We have also been the exclusive partner of the RCEP Local
Governments and Friendship Cities Cooperation (Huangshan) Forum participated in the World Manufacturing Convention (WMC)
for seven years in a row partnered with the 6th China Corporate Culture Conference and served as the exclusive partner for the
2024 International (Bozhou) TCM Expo. Through these engagements we have continued to deepen our brand IP recognition and
advocate for our brand proposition of “Crafted in China for the World to Enjoy”.In 2024 the “Gujinggongjiu · Nianfenyuanjiang Fragrant the World” Chinese Baijiu Culture Global Tour expanded to Hong Kong Kazakhstan
New Zealand and Australia.We systematically developed a series of native brand IP events including the Peach Blossom Spring Qu Festival the Raw Grain Harvest
Season the Autumn Brewing Ceremony and the Chinese New Year Culture Festival reinforcing deep-rooted brand storytelling through the
“Three Excellence Initiative”.Let Chinese Baijiu Become the Language of the World52 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 53
Advancing Innovative Development with Science
and Technology Organizational Structure of Gujing Distillery’s Technology Innovation Committee
Product R&D Department
As AI continues to revolutionize industries the traditional baijiu manufacturing sector must actively embrace emerging Brand Management
technologies fostering innovation and creativity to “evoke the aroma of baijiu through digital innovation”. At Gujing Distillery we Center Intellectual Property Department
recognize technological innovation and digitalization as an inexhaustible driving force of our corporate development. Centered
around our strategic goals i.e. “building a strong enterprise through science and technology” and “advancing Strategy 5.0 to Food Safety Research Laboratorybuild a digital international and law-based new Gujing” we are committed to strengthening innovation capabilities advancing
the transformation and application of intelligent and green brewing technologies and accelerating the development of new F l a v o r Te c h n o l o g y R e s e a r c h
quality productive forces. These initiatives have injected momentum into the construction of Bozhou into a City of Baijiu in China. Technology Center Laboratory
Baijiu Health Research Laboratory
Technological Innovation and Digitalization Objectives & Targets Achievement Status in 2024
Brewing Technology Research
Laboratory
Technological Innovation:
Technology and Liquor Body Design Laboratory
To deepen the operations of “Four Institutes and One Laboratory” focus on Quality Center Liquor Body Design
baijiu R&D breakthroughs transform research achievements into productive All achieved Center
forces provide robust technological support for the Company’s high-quality Liquor Body Evaluation Laboratory
development and conduct 80 research projects
New Product R&D Laboratory
Quality Control Quality Management Office
Center
Digitalization:
To take the user as the center promote the construction of data center industrial In progress Standardization Management OfficeTechnology
Internet of things platform MES system product life cycle management system Development
detection platform and so on enhance business application experiences and Department
boost business digitalization
Anhui Ruisi Weier Bioengineering
Technology Co. Ltd. Department
General
Management
Gujing Distillery’s Technological Innovation Performance Food Physicochemical Analysis Department Laboratory
Indicator 2021 2022 2023 2024 General Affairs E c o l o g i c a l E n v i r o n m e n t a n d
Department Resource Physicochemical Analysis
R&D investment (RMB 100 million) 3.01 2.89 3.67 4.35 Anhui Run’an Xinke Laboratory
Testing Technology Technology
Percentage of R&D investment in total revenue (%) 2.27 1.73 1.81 1.85 Co. Ltd. Department Agricultural Products and Processing
Physicochemical Analysis Laboratory
Number of R&D personnel (persons) 978 1057 1147 1061 Market Office
Tra d i t i o n a l C h i n e s e M e d i c i n e
and Processing Product Analysis
Laboratory
Innovation Management
Project Management Department
We have revised key rules and regulations including the Research Project Management System and the Intellectual Property
Incentive Measures to establish a well-structured scientific and efficient research management system covering the whole Energy Conservation and
process. A Technology Innovation Committee has been formed to advance technological innovation in a coordinated way and Corporate Environmental Protection Department
Management Center
a collaborative efficient innovation governance framework has been established by coordinating efforts across the Brand
Management Center the Technology and Quality Center the Corporate Management Center and two specialized subsidiaries. This Equipment Management Department
framework ensures deep integration of the innovation chain with the industry chain through all-round management and precise
evaluation of all scientific projects of the Company. Lean Management Office
Technology Innovation Committee of Anhui
Gujing Distillery Company Limited
Anhui Gujing Distillery Company Limited54 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 55
Strengthening Innovation Capabilities Building Innovation Platforms
To consolidate our foundation for innovation we have established over 10 technology research innovation platforms including Cultivating R&D Talent the National Industrial Design Center National Postdoctoral Research Station China Light Industry Solid-State Fermentation
Engineering Technology Research Center Key Laboratory of Solid-State Fermentation Intelligent Brewing Technology in AnhuiWe are committed to developing high-caliber innovation teams with high standards and upholding the principle of “empoweringProvince Province-Level Authenticated Enterprise Technology Center Anhui Provincial Industrial Design Center Chinese Baijiucorporate intelligent development with master artisans”. Through a combination of internal training and external recruitment we
Healthy Research Institute Gujinggongjiu · Nianfenyuanjiang Grain Research Institute and Gujinggongjiu · Nianfenyuanjianghave enhanced innovative talent acquisition development and incentive mechanisms. Adopting the model of “bringing experts inQuality Research Institute. These platforms contribute to driving breakthroughs in core technologies in key fields and supportingand sending technicians out” we have established industry-university-research cooperation relationships with leading academic
the Company’s high-quality development.institutions such as Jiangnan University and scientific research institutions while conducting regular technical exchange events.These initiatives aim to broaden the horizon of our technical personnel stimulate scientific research inspiration and provide strong Participating in Project Research
support for the sustainable and innovative development of the Company. In 2024 we hosted six academic lectures by industry
experts and sent key technical personnel to participate in more than 20 high-level academic exchange and training programs We have taken solid steps to promote collaborative innovation between industries universities and research institutes by
effectively improving the professional competence of our key technical personnel. conducting joint research with the University of Science and Technology of China Sichuan University of Science & Engineering
Jiangnan University Zhejiang University China National Research Institute of Food & Fermentation Industries and other institutions.Our research focuses on the breeding of grain dedicated to brewing Baijiu flavor and health mechanisms and other fields aiming
By the end of 2024 the Company had over 1000 baijiu technical experts including: to promote standardized cultivation of premium raw materials and improve the quality control ability of baijiu. Moreover we
have engaged in in-depth discussions with industry leaders such as Moutai Langjiu and Red Star Win on core technologies like
12 recipients of government allowances from the State Council provincial and municipal authorities intelligent brewing and microbial applications. By drawing on advanced industry experience we have enhanced our technical
reserves and accelerated the commercialization of research achievements so as to foster a standardized intelligent and high-
quality baijiu industry.
12 National Baijiu Judges 2 Chinese Liquor Industry Leaders
6 National Lujiu Judges 4 Chief Baijiu Tasters in China
2 National Fruit Wine Judges 1 Chinese Liquor Tasting Master
8 Senior Engineers at the Professor Level 1 Chinese Baijiu Craft Master
30+ Senior Engineers 7 Anhui Province Technology Leaders
Gujing Distillery participated in the 2nd Food Scientists Forum & Gujing Distillery attended the 13th Solid State Brewing Industry
Industry-University-Research Exchange Conference. Technology Innovation Forum.
1 Chinese Brewing Master
Protecting Intellectual Property
We respect and protect intellectual property (IP) by actively registering trademarks to safeguard our brand’s unique identity. We have
established a series of policies including the Intellectual Property Incentive Measures to continuously improve our IP system. Under
the leadership of the Intellectual Property Strategic Management Committee we have implemented innovative IP protection initiatives
and comprehensively leveraged a combination of strategies to crack down on counterfeit goods that integrates administrative
penalties notarized evidence preservation criminal prosecution and civil litigation thereby effectively enhancing the efficiency of anti-
counterfeiting efforts. Throughout the year we initiated 441 civil lawsuits against infringement coordinated with market regulation
authorities to handle 355 administrative infringement cases and secured approximately RMB 10.01 million in compensation.Furthermore we have strengthened collaboration with law enforcement agencies earning recognition as an executive member of the
Fifth Council of the China Trademark Association (CTA). Additionally we have actively engaged in peer exchanges and organized a series
of events for World Intellectual Property Day (April 26) and IP Protection Awareness Week aiming to foster company-wide IP protection
awareness and significantly enhance our overall IP management level.Indicator 2021 2022 2023 2024
Patent applications (cases) 187 170 130 81
Including: Invention patents (cases) 10 14 15 10
Patents granted (cases) 138 171 46 95
Total patents (cases) 1195 1435 1476 156056 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 57
Technology R&D and Commercialization Yellow Crane Tower Distillery New Baijiu Series
R&D and Upgrade of New Products
We are dedicated to crafting premium baijiu and Lujiu (a traditional Chinese alcoholic beverage mainly made from traditional
Chinese medicinal materials) with meticulous craftsmanship continuously advancing product R&D and upgrades to meet the
diverse demands of the market. The Company has launched a range of new baijiu products including Gujinggongjiu · Gold Edition
Gong 9 Gong 12 and Gong 15 precisely refining flavor profiles and expanding our product portfolio. Aligning with the health-
conscious consumption trend we have deepened our expertise in Lujiu research and development and rolled out innovative
offerings such as 42° Gujinggongjiu Herbal No. 2 42° Gujinggongjiu Blueberry Liquor and 52° Gujinggongjiu Ganoderma Liquor.These products have combined modern techniques with the wellness concepts of Chinese herbal medicine fostering the deep
integration of baijiu and the comprehensive healthcare industry. Lou 12 Chenxiang 1999
Gujinggongjiu New Baijiu Series
Mingguang Liquor New Baijiu Series (Examples)
50° Gujinggongjiu · Gold Edition 42° Gujinggongjiu · Gong 9
42° Ming 5 42° Ming 10
Commercialization of Innovative Achievements
We have been deeply engaged in making breakthroughs in
baijiu scientific research and actively organized the appraisal
of technological achievements and project acceptance so
42° Gujinggongjiu · Gong 12 42° Gujinggongjiu · Gong 15
as to accelerate their application in production transform
research achievements into productive forces and provide
robust technological support for the Company’s high-quality
development. In 2024 we carried out 82 research projects
and established a full-process management mechanism
Gujinggongjiu New Lujiu Series comprising weekly communication monthly reporting semi-
annual summary and year-end assessment thereby expediting
technological breakthroughs and the commercialization
of achievements. Dozens of scientific and technological
achievements including the Brewing Quality Enhancement
Program of the Intelligent Industrial Park the Research and
Application of Intelligent Baijiu Distillation Patterns and the
High-Value Utilization of Byproducts from Raw Grain Crushing
have been successfully commercialized. Additionally 16
projects such as the Development and Application of a Quality Gujing Distillery successfully passed the technological achievementControl and Testing System for Solid-State Fermentation of appraisal of “Extraction and Application of Active Factors in
42° Gujinggongjiu Herbal No. 2 42° Gujinggongjiu Blueberry Liquor 52° Gujinggongjiu Ganoderma Liquor
Baijiu received prestigious national and industry scientific Nongxiangxing Baijiu Based on Dual Guidance of Flavor andHealth” a project of the Chinese Baijiu Healthy Research Institute
and technological awards with a commercialization rate of representing that the project results have been recognized by
research achievements exceeding 50%. influential authorities.58 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 59
Building a Digital Gujing
Digital marketing capability: We have developed applications such as Gujing
Digitalization is key to enhancing competitiveness optimizing operations and meeting market demands for baijiu companies. Cloud CRM Mobile Business Dian Dian Tong Controlled Distribution and
In alignment with the requirement of “building a digital international and law-based new Gujing” we have pioneered the Profit Sharing E-Commerce Cloud and Official Shopping Mall fostering a new
new “1+2+6+N” model for building a digital Gujing and accelerated the “digital engineering”. These measures aim to improve S2B2b2c digital baijiu marketing model.our digital management capabilities evoke the aroma of baijiu through digital innovation unleash market potential enhance
Supply chain collaboration capability: We have established an end-to-end
the management level and ensure the highest quality. We have advanced the digitalization initiative of “Baijiu + Internet” and
supply chain platform that connects upstream and downstream data supply
adhered to a digital path of green brewing and intelligent manufacturing thereby driving high-quality development through high-
chains and enables real-time monitoring for supply chain status inventory
standard high-efficiency digital production and sales models.management order processing product tracking logistics distribution and
In 2024 the Company was recognized by the Ministry of Industry and Information Technology as a 5G Intelligent Solid-State payment settlements.Fermentation Baijiu Brewing Factory. We were also awarded titles such as the “Pacemaker in Industrial Data Governance in China”
and the “Key Industrial Internet Platform in Anhui Province (2024)” while being selected as a “Pacemaker in Digital Transformation Intelligent manufacturing capability: We have integrated next-generationof China’s Light Industry (2024)”. information technologies such as IoT and big data into traditional brewing
techniques to realize intelligent brewing blending and bottling thereby
improving product quality taste and stability while reducing costs and
Layout of Intelligent Production System—New “1+2+6+N” Model for Building a Digital Gujing Fostering six basic 6 capabilities increasing benefits.Strategy 5.0 as a blueprint
Quality control capability: We have introduced full lifecycle quality
2 data foundations as the management baijiu tasting and evaluation laboratory management and
support
1 other applications aiming to achieve full lifecycle quality control from grain to Strategy Strategy 5.0 Fostering 6 capabilities liquor.
Providing N open industrial
platforms Collaborative office capability: We have developed a collaborative office
platform featuring business digitalization and process automation enhancing
Building an industrial work convenience enabling rapid responses and supporting efficient 2 Industrial Foundations Data IoT platform platform Internet platform with operations of networked collaborative applications. By eliminating time and
perception connectivity space constraints this platform effectively drives management upgrades.a n d i n t e l l i g e n c e t o Green development capability: We have optimized our energy mix reduced
empower Gujing’s high- energy consumption protected the ecosystem in our producing areas and
6 Digital Supply chain Intelligent Quality Collaborative Green
quality development promoted green low-carbon transformation and sustainable development.Capabilities marketing collaboration manufacturing control office development
capability capability capability capability capability capability
O p e n Logistics We have provided open centralized purchasing and logistics services via the N Procurement Training Testing ……platform platform platform platform platform IoT Providing services industrial IoT platform and offered digital services to various industries to
for various industries support digital transformation in SMEs.N t h r o u g h o p e n
platform applications We have explored new models for the testing service training service and IoT
We focus our digital transformation efforts on strategy selection and planning
T a k i n g d i g i t a l platform offering further digital support to SMEs.
1 ensuring alignment with strategic goals facilitating strategy execution and strategy as the core
achieving commercial objectives.We have established a centralized support platform that effectively integrates Advancing Digital Transformation
Building two data IT and OT data resources promoted data collection modeling analysis and We have set up a leadership team for building a digital Gujing with the Chairman as the team leader and the General Manager as
f o u n d a t i o n s : application from the equipment CRM and ERP in the production process
2 the executive leader and established a stringent project management system to ensure that digitalization efforts are governed industrial IoT platform and built an integrated connected managed and intelligent data operation by clear regulations and executed in strict compliance with established standards. We accelerate in emerging cutting-edge
and data platform system. These measures have comprehensively optimized production technologies such as 5G big data cloud computing and IoT. Moreover we have successfully built robust digital infrastructures
management improved production efficiency and reduced production costs. that link the production management and marketing chains thereby enhancing data collaboration efficiency and bolstering lean
manufacturing and smart operations.60 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 61
Case From Grain to Liquor Digitalization Integrates into Every Facet of Gujing Fostering a Pleasant Ecological Environment
Quality and efficiency enhancement are the most significant changes brought by digitalization to traditional companies.Throughout the entire process from grain to liquor Gujing Distillery’s intelligent platform autonomously issues production
instructions to every piece of equipment enabling real-time monitoring and management from raw materials to finished We have deeply implemented Xi Jinping thought on eco-civilization acted on the idea that lucid waters and lush mountains are
products. This seamlessly connected intelligent production closed-loop system boosts production efficiency and ensures stable invaluable assets and coordinated efforts to address pollution protect ecosystems and respond to climate change. Meanwhile
and excellent product quality. we have actively promoted carbon peaking and carbon neutrality conserved energy and resources while using them efficiently and
circularly and endeavored to lead the way in green and low-carbon production and lifestyles.At the Gujing Distillery’s Intelligent Industrial Park over 96% of production equipment has been networked achieving a high
degree of automation in baijiu production. This has significantly reduced the physical workload of brewing workers while
increasing per capita productivity nearly tenfold compared to traditional brewing workshops. Especially in the bottling process Responding to Climate Change
intelligent equipment has enhanced work efficiency by approximately 2.27 times.In recent years extreme weather events have become more frequent globally making climate change response a shared
In the No. 1 Brewing Workshop the production environment is characterized by minimal human intervention and extensive
responsibility. In response to China’s carbon peaking and carbon neutrality (“dual carbon”) goals we prioritize climate-related
automation with various sophisticated equipment replacing human labor. Manipulator arms large-scale conveyors liquor
risk management. We have proactively identified assessed and responded to climate-related risks and opportunities from four
extraction devices and intelligent sensors operate in synergy under the precise control of the digital management system
aspects i.e. governance strategy risk management and metrics & targets striving to achieve carbon neutrality across our entire
efficiently completing every production stage of brewing.value chain.Governance Strategy Risk Management and Metrics & Targets
Governance
We have gradually improved our climate governance system. The Board of Directors is responsible for considering climate-related
strategies and policies while the Strategy and ESG Committee oversees and reviews the progress and implementation of climate-related
strategies. The Corporate Management Center in collaboration with other functional departments of headquarters is responsible for
setting targets overseeing daily management formulating energy conservation and emission reduction plans and organizing the
Gujing Intelligent Industrial Park Supply Chain Command Center Automated Operating Process of Steaming Fermented Materials implementation. Subsidiaries are responsible for implementing relevant decisions and deployments developing “dual carbon” targets
at the Gujing Intelligent Industrial Park and action plans tailored to their actual conditions and driving the Company’s “dual carbon” agenda forward.Case Crafted in China for the World to Enjoy Global Collaboration for Baijiu Innovation Strategy
We respond to the national "dual
Embracing an open approach to technological advancement carbon" s t rategy and relatedGujing Distillery integrates “green brewing and intelligent policy requirements fully evaluatemanufacturing” into the entire production process from the company's carbon emission
grain aroma to liquor aroma. In collaboration with iFlytek we performance actively explore
co-founded a joint venture iFlytek Jiuzhi pioneering a new carbon reduction paths gradually
paradigm for digital transformation in the baijiu industry. increase the proportion of clean
Leveraging the advantages of the cross-industry and cross- energy promote the upgrading of
field industrial Internet platform and Gujing Distillery’s time- green brewing technology protect
honored brewing expertise we jointly developed a scenario- the ecological environment of
based operation platform for the intelligent industrial park to production areas and effectively
build a digital ecological chain for the Baijiu industry. respond to and manage climate
Gujing Distillery at the iFlytek 1024 Global Developer Festival in change risks faced throughout the
Safeguarding Cybersecurity 2024 company's operation.We consider cybersecurity the moat that protects our digitalization journey. To this end we have revised and issued the Data
Management Measures and established a terminal security management system that emphasizes beforehand prevention in-
process control and post-incident traceability. Moreover we have deepened IT/OT network integration by developing a specialized
industrial control network architecture that underpins intelligent manufacturing. Routine inspections have been conducted to
monitor key systems in an all-round way including the power environment in the server room virtualization platforms network
security equipment and data backups. We have proactively conducted malware detection and defense patched system
vulnerabilities and strengthened security through a Tier-3 cybersecurity assessment. To cultivate a culture of security awareness
among all employees we have conducted cybersecurity training sessions and expert lectures to foster an enterprise-wide
security-conscious mindset. In 2024 we upgraded over 20 business systems organized business units to establish data cleaning
standards and successfully cleaned nearly 200000 data entries.62 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 63
Risk and Opportunity Management Gujing Distillery’s Climate-Related Opportunities
Giving full consideration to national policies requirements by the exchange industry characteristics and company-specific
circumstances we have incorporated climate-related risk management into our enterprise-wide risk management system so as to Potential Impact
accelerate the identification of climate-related risks and opportunities and reinforce our capability and resilience against climate change. Opportunity Type Description
Impact
Period Business or Financial Impact
Gujing Distillery’s Climate-Related Risk Identification and Response
Energy Transition Optimize the energy mix and expand the use of green Medium to electricity and solar power to reduce carbon emissions. long term
Potential Impact
Risk Lower operational costs
Category Risk Type Response Measures Efficient Use of Enhance the circular use of energy water and Impact Business or Financial packaging materials to minimize waste and improve Medium to
Period Impact Resources production efficiency. long term
Monitor extreme weather alerts and develop Technological Develop more eco-friendly products and build a green Long term Increased recognition and higher
Acute risks: Increased production emergency response plans.Innovation industry chain to meet diverse market demands. revenue
Extreme weather events such as Short to
heavy rainfall and droughts may medium and operational costs Strengthen equipment tour inspections and
damage production facilities and term a n d s u p p ly c h a i n maintenance.Conduct comprehensive supply
disrupt supply chains. disruptions chain assessments and ensure adequate reserves
of key raw materials. Metrics and Targets
PhysicalRisks We have incorporated climate action into our core sustainability framework guided by principles of “clean production and greenChronic risks: Introduce advanced production and temperaturebrewing”. By 2025 we expect to achieve a 20% reduction in carbon emission intensity per unit product and an increase in the
Long-term temperature rise may Medium Increased operational control equipment to maintain proper temperature proportion of renewable energy use to 30%; Simultaneously promote the green transformation of the supply chain and achieve a
affect raw grain planting brewing to long a n d m a i n t e n a n c e and humidity. 15% reduction in energy consumption through green energy-saving and low-carbon technologies.and storage conditions impacting term costs Improve production efficiency and reduce energy
liquor quality. consumption.Greenhouse Gas Emissions Management
Policy risks: Monitor and interpret policy changes to ensure* The frequent release of “dual that our production and operation comply with We have actively implemented national policies on greenhouse gas (GHG) emissions reduction and gradually reduced GHGcarbon” policies compels companies environmental regulations. emissions by enhancing energy efficiency optimizing production processes and adopting clean energy sources. Partnering with
to accelerate transformation and Short to
medium Increased operational Develop action plans and clear implementation third-party agencies we have conducted a thorough investigation of our overall energy consumption and carbon emissions adapt proactively.term and compliance costs pathways and disclose relevant information formulated a “dual carbon” action plan and set clear GHG emission control targets thereby contributing to our green and low-
* Regulatory bodies require high- according to laws and regulations. carbon transition. Moreover we have independently classified and calculated GHG emissions data ensuring compliance with
quality objective and timely climate- Produce low-carbon environmentally friendly
related information disclosures. the Guidelines for Accounting and Reporting Greenhouse Gas Emissions—Power Generation Facilities in compiling and reporting liquor to enhance competitiveness.emission data. Relevant data has been submitted to the National Carbon Market Management Platform and verified by third-party
experts. We have incorporated our thermal power station into the national carbon trading system completed the purchase of the
carbon quota gap in 2023 through the national carbon trading platform and fulfilled compliance obligations on time.Market risks:
Consumers increasingly prefer Medium to long Declining sales and
Align with customer preferences and actively
green and low-carbon products term loss of market share develop eco-friendly products.Transition intensifying industry competition.Risks
Technology risks: Develop and apply technologies and processes
Rapid upgrades in energy-saving Short to Increased operational to reduce energy consumption and carbon
and emission reduction technologies medium costs and technical emissions.may render outdated R&D methods term input Increase investment in innovation to raise the level
less competitive. of digitalization.Reputation risks: Maintain close communication with and rapid
Stakeholders prioritize corporate Medium Reduced investment w e a k e n e d b r a n d response to stakeholders.env i ronmental per formance; to longfailure to meet their expectations term influence and lower Strengthen environmental information and Gujing Distillery’s 2023 Carbon Trading Compliance Gujing Distillery Recognized as a “China’s Top Runnermay damage corporate image. revenue performance disclosures. Certificate for Industrial Carbon Peaking”64 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 65
Carbon Emission Performance
2021202220232024
Total carbon emissions (tons of CO2 equivalent)(Tons) Carbon emissions per RMB 10000 output(Tons/RMB 10000)
157247.96125953.75171619.07198388.760.090.060.070.07
Energy Management Facade Photovoltaic Project at the Intelligent Industrial Park of Gujing Distillery Green Electricity Transaction Voucher of Gujing Distillery
Gujing Distillery’s energy mix includes electricity natural gas gasoline diesel coal etc. We continue to strengthen energy Energy Consumption Performance
management develop energy usage plans reasonably decompose goals and implement them at corresponding levels or
positions. By combining information technology with offline management we conduct a survey and evaluation of equipment Indicator 2021 2022 2023 2024
usage and energy efficiency levels continuously carry out "energy-saving emission reduction and carbon reduction" projects Electricity consumption (10000 kWh) 6375.31 6612.46 7801.09 9850.49
and measures further improve energy utilization efficiency and save 4500 tons of standard coal annually. At the same time
the company vigorously promotes the use of clean energy advances the construction of photovoltaic projects signs green power Diesel consumption (tons) 321.05 356.71 255.70 258.19
procurement agreements effectively reduces carbon emissions and energy costs and the proportion of green power exceeds
Gasoline consumption (tons) 69.00 62.76 177.72 97.37
20%.
Natural gas consumption (10000 m3) 1887.46 2107.16 2260.80 2982.18
During the reporting period Longrui Glass achieved the ISO 50001 Energy Management System certification.Comprehensive energy consumption per RMB
0.040.030.040.04
10000 output (tons of standard coal/RMB 10000)
Total comprehensive energy consumption (tons of
77262.2277274.7885101.3199875.74
standard coal)
Clean energy consumption (10000 kWh) 456.62 481.78 522.10 776.75
Strengthening Environmental Protection Management
We have incorporated the concept of green and low-carbon development into every stage of our production process from
grain to liquor. With this in mind we have continuously improved our environmental protection management organizational
structure with the Company’s General Manager serving as the head of overall environmental protection management ensuring
the implementation of our environmental management initiatives. Moreover we have established a dedicated environmental
protection department the Corporate Management Center to coordinate the overall operation and supervision work such as
formulating and executing environmental policies conducting environmental emergency management energy conservation
and emission reduction and environmental impact assessments as well as implementing the “Three Simultaneities” system (a
legal system mandating that the facilities for the prevention and control of pollution in a construction project must be designed
constructed and put into operation simultaneously with the main project). Through these efforts the department aims to further
implement and refine the environmental management system. Furthermore all departments factories and subsidiaries have
actively responded to the Company’s environmental protection policies and assumed responsibility for environmental protection
within their respective business areas.During the reporting period Gujing Distillery Yellow Crane Tower Distillery Mingguang Liquor and Longrui Glass all obtainedthe ISO 14001 Environmental Management System certification. Additionally Gujing Distillery was recognized as an “EnterpriseGujing Distillery’s Energy Management System Assuming Social Responsibility for Environmental Protection” by the Anhui Environmental Federation.66 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 67
Gujing Distillery’s Environmental Management Structure Gujing Distillery’s Full Lifecycle Green Management
General Manager (Responsible for Overall Environmental Protection Management) Key Links
Select high-quality raw grain varieties with strong resistance to pests and diseases and implement
Director of Corporate Deputy Director of Power and Director of Brewing scientific field management of grains.Management Center Environmental Protection Center Management Center Director of Technology and
(Responsible for Environmental (Responsible for Compliance (Responsible for Environmental Quality Center (Responsible for Explore the establishment of a smart management platform for Gujing raw grain planting
Compliance Supervision) Discharge and Emission of Compliance in Brewing Manual Effluent Monitoring)Wastewater and Exhaust Gas) Workshops) Green base systematically control the information of raw grain planting process ensure standardized
Cultivation management accurate quantity pure variety safe and controllable trustworthy and traceable raw
grain planting process.Deputy Manager of Energy
Conservation and Environmental Head of Effluent Treatment Head of Thermal Power Station
Protection Department Station (Responsible for Officer Responsible for Establish proprietary high-quality grain cultivation bases to ensure the source supply of brewing
(Responsible for Environmental Wastewater Compliance
(Responsible for Exhaust Gas
Compliance Emission) Manual Effluent Monitoring raw materials.Compliance Supervision) Discharge)
Director of Energy Conservation Establish comprehensive green procurement standards and select suppliers large-scale growers
and Environmental Protection Green
Department (Responsible for and farmers with environmental certifications.Environmental Compliance Procurement
Supervision) Monitor the quality of raw grains.Headquarters Effluent Headquarter Thermal Power
Treatment Station Stations Headquarters Brewing
Environmental Compliance at
Headquarters Establish four major eco-friendly brewing bases including the Gujing Distillery Quality and Sci-
Zhangji Effluent Treatment Zhangji Thermal Power
Station Stations Zhangji Brewing Base Tech Park the Zhangji Eco-brewing Base and the Gujinggong Liquor Brewing Heritage Site Park to
Environmental Compliance at integrate liquor production with harmonious ecosystems.Zhangji Plant
Gujing Effluent Treatment Gujing Thermal Power Green Brewing Showcase the whole process of traditional brewing techniques in the Yellow and Huaihe river
Station Station Gujing Plant Brewing
Environmental Compliance at valleys at the Gujinggong Liquor Brewing Heritage Site Park and transform the Gujing Baijiu Culture
Gujing Plant Expo Park into the first AAAA level tourist attraction in the Baijiu industry and a national industrial
tourism demonstration base.Environmental Management Objectives & Targets Achievement Status in 2024
Green
Production For more details please refer to subsequent chapters.No general or above sudden environmental incidents Achieved
No major administrative penalties or criminal liabilities Achieved
Utilize lightweight degradable recyclable and reusable packaging materials such as reusable
No major deficiencies in environmental monitoring plans and risk Green pallets.management measures Achieved Packaging Actively develop green packaging products build lightweight premium glass container production
lines and promote deep-processing projects.
100% legal treatment and disposal of discharged pollutants 100%
compliance rate Achieved
Prioritize the procurement of energy-efficient shelves high-efficiency conveyors and other eco-
friendly equipment.Gujing Distillery’s Environmental Management Performance Green Warehousing Optimize shelf layout to maximize space utilization and avoid excessive or insufficient shelf heights.Implement an intelligent inventory management system and adopt energy-efficient conveyor
Indicator 2021 2022 2023 2024
systems to reduce energy consumption.Environmental protection investment (RMB 10000) 3228.02 6924.09 3300.59 4614.37
Use vehicles that meet “China V” vehicle emission standards or higher and use new energy
Environmental pollution and destruction incidents (cases) 0 0 0 0 vehicles for transportation.Chemical spill incidents (cases) 0 0 0 0 Green Logistics Optimize delivery routes and promote carpooling and consolidated deliveries to reduce empty
loads.Environmental protection training and publicizing sessions
9 10 23 16 Install loading conveyor belts for direct loading of finished products onto trucks minimizing forklift
(times) use and handling processes.68 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 69
Safeguard Mechanisms
Conduct an Environmental Impact Assessment (EIA) before project implementation to
comprehensively analyze potential impacts on air water soil and ecosystems.Demonstration
& Assessment Perform regular environmental monitoring to ensure the effectiveness of control measures.Develop emergency response plans to effectively address sudden environmental incidents.Zhangji Eco-brewing Base ntelligent Palletizing and Transportation on the Digital Production
LinesIncrease investment in design R&D in the design phase to thoroughly assess environmental
impacts.Green Design Establish a cross-departmental collaboration mechanism that integrates third-party institutions
and pool efforts from enterprises research institutes and universities to enhance corporate green
design capabilities.Conduct environmental and energy assessments before project kickoff prepare water and soil
conservation plans and start construction after obtaining approvals from regulatory authorities.Green Strengthen oversight of the “Six 100%” environmental protection measures during construction
Construction summarize the “6+4” environmental protection measures for construction and enhance Conducting Environmental Emergency Training Setting Designated Carpooling Points to Encourage Shared
environmental training for construction personnel with daily supervision and guidance by Commuting
dedicated personnel. Promoting Green Production
We remain committed to the path of prioritizing ecological conservation and pursuing green development. To this end we have
continuously enhanced green production practices efficiently utilized water resources strengthened pollution control advanced
Maximize the use of the OA collaborative office system to reduce paper consumption and resource and energy conservation and boosted the development of a circular economy. With these efforts we aim to achieve a
encourage remote video conferencing. synergy of economic environmental and social benefits.Install energy-saving lighting turn on and off electrical equipment in offices as needed and
Green Office replace desktop computers with cloud-based terminals to lower energy consumption. Water Resource and Wastewater Management
Place an appropriate number of green plants in offices to improve air quality.Ensure proper ventilation and regulate air conditioning temperatures efficiently. Objectives & Targets Achievement Status in 2024
Planned water consumption: 3.455 million tons Actual water consumption: more than 2.2 million tons
(exceeded target)
Encourage employees to commute by shuttle bus whenever possible and promote carpooling.Green Install new energy charging stations with dedicated charging piles. 100% wastewater discharge compliance rate AchievedCommuting
Provide shared bicycles within the factory premises for convenient commuting.Normal operation of equipment and facilities Achieved
In strict compliance with national laws and regulations such as the Water Law and the Water Pollution Prevention and Control Law
Organize extensive energy-saving and environmental protection training and education campaigns we have continuously improved our water usage conservation and wastewater management systems and policies. The Corporate
Environmental on occasions such as World Environment Day National Low-Carbon Day and National Energy
Awareness Management Center is responsible for overseeing the Company’s overall water resource management. A dedicated task force has
Education Efficiency Promotion Week covering environmental protection concepts laws and regulations and been established to formulate water conservation plans revise management regulations develop monitoring and evaluation
energy-saving technologies. systems ensure compliance with wastewater discharge standards and supervise the effectiveness of water resource management
across all units.70 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 71
Wastewater Discharge Reduction and Treatment
We establish a sewage treatment system adopt advanced sewage treatment technology install water quality monitoring devices An investment of over RMB 30 million has been
and other equipment at key locations such as water use points and drainage points in the enterprise monitor water quality made to build a non-powered cooling station at the
changes in real time and strengthen third-party professional organization testing. The factory area carries out rainwater and Intelligent Industrial Park utilizing advanced domestic
sewage separation and controls the discharge of production and domestic wastewater. Obtain a pollutant discharge permit in technology to achieve non-powered cooling of the
Construction of
accordance with the law and strictly control the setting of pollutant discharge outlets into the river. Intensify efforts in the reuse of cooling circulating water. This replaces the open-a Non-Powered
reclaimed water utilize sewage treatment plants to dispose of wastewater that meets discharge standards and mainly reuse dry air heat dissipation circulating water with closed-Cooling Station
wastewater treatment plant process water park greening and dust reduction water fire water and other production and domestic loop cooling circulating water. The facility has already
50 been put into operation for supplying circulating water. The reuse rate of reclaimed water is about %. water to the brewing workshop of the headquarters
saving approximately 60000 tons of groundwater Exterior View of the Non-Powered Cooling
annually. Station
A sludge dewatering plate and frame filter press
process has been introduced and put into operation at
Introduction the headquarters and Zhangji Plant reducing sludge
of Sludge
Dewatering Plate generation by over 50% compared to traditional
and Frame Filter filter press technology. This initiative has resulted in an
Press Process annual reduction of 28000 tons of water used for
filter press washing.Plate and Frame Filter Equipment at
Zhangji Plant
The treated wastewater is discharged into the industrial park’s landscape river.The thermal power station has added pipelines to reuse Water Conservation Management and Recycling discharged concentrated water for desulfurization
We have rigorously controlled water withdrawal and in addition to reclaimed water reuse we have continuously implemented Internal Water- and denitrification. Meanwhile the Public Property
water-saving technological upgrades and cooling water recycling. We have installed water-efficient production equipment to Saving Potential Management Department has modified reclaimed
enhance water conservation benefits and improve water resource management. Furthermore we have organized a series of Exploration water pipelines to replace fountain water with
campaigns to raise water conservation awareness implemented water-saving policies and provided targeted training. reclaimed water saving 28000 tons of water
annually.During the reporting period the Company’s recycled water volume reached 16.096 million cubic meters. No significant direct Addition of Concentrated Water Pipelines
or indirect impact on water resources occurred due to changes in water withdrawal consumption discharge or storage. The for Desulfurization and Denitrification
utilization rate of water-saving sanitary facilities reached more than 95% at the Intelligent Industrial Park.Representative Water-Saving Projects of Gujing Distillery
Indicator 2021 2022 2023 2024
Water consumption per RMB 10000 output (tons/RMB 10000) 1.09 0.85 1.05 0.81
The water supply pipelines at the workshops of the
factory are divided into four categories: purified water Total treated and standard discharged wastewater (10000 tons) 249.30 194.41 156.10 158.25
Classified Water network groundwater network tap water network
Supply and reclaimed water network ensuring that different Wastewater discharge compliance rate (%) 100 100 100 100
production processes receive water of appropriate
quality. COD emissions (tons) 78.16 43.20 36.33 23.18
Water Supply Network NH3-N emissions (tons) 1.68 0.56 0.56 0.5072 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 73
Air Emission Management
Objectives & Targets Achievement Status in 2024
100% air emission compliance rate Achieved
Normal operation of equipment and facilities Achieved
The production air emissions of Gujing Distillery primarily include emissions from coal-fired boilers gas-fired boilers the coding
process in the finished product workshop and the raw grain collection and crushing process. The coal-fired boiler emissions
have undergone two rounds of upgrades and adopted a combined process of bag dust removal special desulfurization catalytic
reduction denitrification and wet electrostatic precipitators meeting ultra-low emission standards at an advanced national level.Gas-fired boiler emissions utilize “low-NOx combustion” technology the coding emissions from the finished product workshop are
treated using activated carbon adsorption and the raw grain collection and crushing emissions are processed by dust collectors The gas-fired boiler (left) and the coal-fired boilers (right) achieved ultra-low emissions.after collection. All air emissions have met the regulatory standards.Waste Management
Case Longrui Glass Strengthens Special Treatment for VOCs
Objectives & Targets Achievement Status in 2024
To address volatile organic compounds
(VOCs) generated during the deep 100% hazardous waste disposal compliance rate Achieved
p r o c e s s i n g c e n t e r ’ s p r o d u c t i o n
process Longrui Glass has installed an
additional environmental treatment Normal operation of equipment and facilities Achieved
fa c i l i t y. T h e e x i s t i n g p ro d u c t i o n
line was split into two to enhance
online monitoring which has been
integrated with the environmental We have promoted waste recycling and reuse by systematically cleaning collecting sorting and repurposing distiller’s grains
regulatory authorities for real-time data slag fly ash diatomaceous earth waste packaging materials and surplus sludge generated during production minimizing their
transmission. This upgrade has further environmental impact.optimized exhaust gas treatment
Additionally for hazardous solid waste produced in auxiliary production processes such as waste mineral oil spent lead-acid
ensuring stable compliance with non-
batteries and office consumables we have ensured proper waste transfer filing and reporting. Professional agencies have been
methane total hydrocarbon (NMTHC)
entrusted with the safe disposal and harmless treatment of hazardous waste to prevent any risks to the environment and human
emission standards. As a result the
health.on-site production environment has
been improved and Longrui Glass has
met the requirements for an A-grade Indicator 2021 2022 2023 2024
environmental performance enterprise.Waste engine oil (tons) 11.19 10.54 15.76 23.59
Indicator 2021 2022 2023 2024 Hazardous chemical waste and laboratory waste liquid (tons) 0.44 1.90 1.83 3.85
Flue gas emission compliance rate（%） 100 100 100 100 Spent lead-acid batteries (tons) 29.99 35.10 60.44 41.45
Particulate emissions（Tons） 1.52 2.30 2.62 2.71 Other hazardous waste (tons) 295.19 344.19 452.77 502.69
Sulfur dioxide (SO2) emissions（Tons） 15.74 8.94 11.37 15.56 Total hazardous waste emissions (tons) 336.81 391.73 530.80 571.58
Nitrogen oxides (NOx) emissions（Tons） 59.78 52.74 67.19 75.06 Hazardous waste disposal compliance rate (%) 100 100 100 10074 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 75
Yellow Crane Tower Distillery Explores New Approaches to Green Development by Building a Water-Saving
Case Enterprise and Promoting Zero-Waste Transformation
Adhering to the green development philosophy Yellow Crane Tower Distillery prioritizes energy conservation and
environmental protection throughout its production processes. The company has actively taken various water-saving measures
to significantly reduce water consumption. By optimizing its effluent treatment process the treated water has been used as
greening dust-falling water and fire-fighting water in the factory enhancing water resource reutilization.Meanwhile the company has comprehensively advanced “green + intelligent” production by introducing cutting-edge
brewing equipment and technologies and adopting clean production processes to minimize waste emissions during
production. It has achieved its energy conservation and emission reduction goals by optimizing the production process
reducing energy consumption and lowering the emissions of wastewater exhaust gases and solid waste. Additionally the
company has actively explored waste resource utilization promoting the sustainable development of the baijiu brewing
industry chain and maximizing resource efficiency.Thanks to its outstanding environmental performance Yellow Crane Tower Distillery was certified as a “Water-SavingEnterprise of Hubei Province” in 2024. It was also recognized as one of Wuhan’s first “Zero-Waste Factories” while its Xianning
Factory was designated a “National Green Manufacturing Enterprise” (National Green Factory).Gujing Distillery’s Odor Collection and Treatment Facility
Developing a Circular Economy
Upholding the concept of a circular economy we have continuously enhanced resource utilization efficiency while minimizing
carbon emissions throughout the entire lifecycle of materials and products. Internally we have implemented a self-built central air-
conditioning refrigeration system to recover and repurpose the waste heat generated during the baijiu production process. This
system produces cooling water which is then circulated back into the baijiu production process. Externally we have collaborated
with downstream enterprises on comprehensive utilization projects for brewing by-products. Spent fermentation husk and distiller’s
grains are repurposed as raw materials for animal feed production while discarded fly ash is used as a raw material in cement and
other building materials manufacturing.Noise and Odor Management
During the reporting period approximately 372100 tons of spent fermentation husk and distiller’s grains as well as
Our major noise-emitting equipment 18900 tons of discarded fly ash were effectively utilized generating significant economic benefits.includes blowers at the thermal power
station and effluent treatment station. To
control noise pollution at its source we
2021202220232024
have procured low-noise equipment or
modified existing machinery. For high-
noise equipment we have installed
Comprehensive utilization rate of
soundproof doors and windows and industrial solid waste (%) 100 100 100 100
added noise barriers to ensure that
noise emissions at the factory boundary
comply with regulatory standards.Resource utilization rate of spent
To treat odorous gases from the effluent fermentation husk (%) 100 100 100 100
treatment station we have implemented
a centralized treatment process using“chemical spraying + activated carbonadsorpt ion” to ensure that odor Resource utilization rate of
emissions comply with the Emission distiller’s grains (%) 100 100 100 100
Standards for Odor Pollutants.Low-Noise Magnetic Levitation Aerators at the Effluent Treatment Station of Gujing Distillery76 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 77
Nurturing a Green Ecosystem E n s u r i n g S a fe t y a n d S t a b i l i t y t h ro u g h
A fine environment nurtures fine baijiu. A pleasant and suitable ecosystem is essential for crafting superior baijiu. Upholding Coordinated Management
the brewing philosophy of “brewing in harmony with nature and humanity” we pay attention to the ecological balance of
the surrounding environment through afforestation grass planting ditch cleaning and garbage clearance initiatives. Our key
conservation efforts focus on the bay of the Guohe River the bend area of the Xiaohong River and two millennia-old wells as We diligently study and implement General Secretary Xi Jinping’s key addresses instructions and directives on workplace safetywell as Gujing’s nationally protected “meritorious fermentation pits—the Ming and Qing Dynasty fermentation pits home to over and rigorously comply with relevant national laws including the Workplace Safety Law the Law on Prevention and Control of
600 beneficial microbial communities. Moreover we have actively promoted ecological restoration and sustainable utilization of Occupational Diseases as well as the Workplace Safety Management Regulations of Gujing Group. Guided by the principle of“ safetynatural resources ensuring that our production activities do not disrupt local biodiversity. Additionally we have regularly organized first prevention-oriented and comprehensive treatment” we have implemented a meticulous refined and targeted working
environmental awareness campaigns including lectures and exhibitions to educate the public on the importance of environmental methodology. This ensures the continuous enhancement of our workplace safety management system effectively preventing safety
protection and encourage collective participation in environmental protection efforts. risks and potential accidents while continuously improving the safety awareness of employees and contractors. By achieving our
“Four-Zero” goal (i.e. zero work-related fatalities zero major machinery and equipment accidents zero traffic fatalities and
During the reporting period our factories expanded green space by 301.2 mu (approximately 20.08 hectares) bringing the total zero fire or flood incidents) for workplace safety we have provided solid safety assurance to support our high-quality development.greening area to 890.2 mu (approximately 59.35 hectares) fostering a seamless integration of baijiu production with ecological
harmony.Workplace Safety Objectives & Targets Achievement Status in 2024
Zero work-related fatalities zero major machinery and equipment accidents zero
traffic fatalities and zero fire or flood incidents AchievedNormal operation of equipment and facilities and compliance with the “ThreeSimultaneities” safety system for project construction Achieved
100% certification rate for special equipment operators Achieved
100% pass rate in qualification and credential reviews of related parties Achieved
100% completion rate of hazard identification and rectification Achieved
Zero occupational disease cases reported Achieved
Gujing Distillery’s Workplace Safety Performance
Volunteers from Gujing Distillery are picking up garbage around the factory.Indicator 2021 2022 2023 2024
Workplace safety investment (RMB 10000) 830.27 902.97 1529.44 1037.87
Workplace safety training sessions (sessions) 823 725 1739 2960
Workplace safety training participants (persons) 22779 31827 104412 183727
Workplace safety training coverage for new employees (%) 100 100 100 100
Work-related fatalities (persons) 0 0 0 0
Severe work-related injury rate (%) 0 0 0 0
Work-related fatality rate (%) 0 0 0 0
Major or above fire incidents (cases) 0 0 0 0
Major or above workplace safety accidents (cases) 0 0 0 0
Safety hazard rectification rate (%) 100 100 100 100
Picturesque Landscapes of the Industrial Park78 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 79
Safety Management System
Standardizing the control of major hazard sources
We strictly implement an accountability system for workplace safety with a Workplace Safety Committee headed by the Chairman
and supported by other senior executives as deputy heads established. This committee is responsible for formulating and
overseeing company-wide workplace safety strategies. Our Emergency Management Center as a dedicated department is Conducted regular inspections of major hazard sources and completed an annual evaluation for the
staffed with full-time safety professionals who collaborate closely with other departments at the headquarters to revise and refine management of major hazard sources.workplace safety management policies guide and check the operation of the safety management system and give feedback in
time. Subsidiaries are responsible for workplace safety management within their respective areas and report relevant conditions Conducted comprehensive risk and hazard inspections and rectifications for high-risk areas including dust
regularly. explosion-prone areas and confined space operations and enforced on-site monitoring for confined space
operations with a total of
We hold monthly safety meetings to promptly communicate national provincial and municipal workplace safety requirements 571 such operations monitored in 2024.and to emphasize key areas of focus. Review and evaluation reports on the occupational health and safety management system
have been issued to provide a comprehensive analysis of our workplace safety performance. Moreover efforts have been actively
made to promote standardized and digitalized workplace safety management with a focus on enhancing safety through digital Implementing the internal safety reporting and incentive mechanism
technologies. We have signed workplace safety and fire safety responsibility agreements with 25 units clearly outlining the safety
management priorities for each unit.Optimized the uploading mode of the “Safety Snapshot” reporting system with 6934 issues reported
Workplace Safety Risk Prevention and Control among which 5143 were verified as potential hazards and rectified accordingly. Approximately RMB 105500 was awarded as incentives.To continuously optimize our risk management system we have established a dual prevention mechanism for safety risk
identification and control as well as hazard identification and rectification. We have proactively identified and assessed various
major safety hazards with targeted inspections focusing on key links. Regular safety checks have been carried out to detect Organizing emergency drills for workplace safety
potential risks and take effective corrective actions with the aim of eliminating hazards in a timely manner. In addition we have
strengthened emergency drills to enhance employees’ safety awareness and emergency response capabilities ensuring the safe Revised the Emergency Rescue Plan and conducted 2 company-wide comprehensive emergency evacuation and stable operation of all stages of production.drills involving over 1100 participants.Identifying and assessing job-specific risks The fire brigade conducted 115 fire response drills and organized 117 training sessions on professional
firefighting skills and fire safety knowledge.Completed the identification of job-specific hazard sources and risk control in 2024 identifying 19243 risk
factors. Delivered fire safety training covering the “Four Firefighting Abilities” and “Three Knows of Fire Safety”
effectively enhancing employees’ ability to use firefighting equipment extinguish initial fires and execute
emergency evacuations. (“Four Firefighting Abilities” refers to the ability to identify and eliminate fire Prepared a plant-wide four-color safety risk map based on risk levels further refined it for workshops
hazards the ability to extinguish initial fires the ability to organize evacuation and escape and the ability to
quantified risk points and corresponding control measures and produced job-specific workplace safety risk
conduct fire safety education; “Three Knows of Fire Safety” refers to knowing the fire hazards associated with
notification cards and displayed them at each position.the specific position knowing the fire safety measures and knowing how to extinguish a fire)
Conducted routine patrols maintenance and timely repairs of fire safety equipment.Inspecting and rectifying safety hazards
Engaged third-party agencies to assist in risk identification and hazard investigation. In 2024 the Emergency
Management Center conducted inspections on 5224 safety hazards with 5215 hazards resolved by the
end of 2024 and 9 pending rectification.Issued 41 supervision bulletins on construction projects in progress and 41 on the Intelligent Industrial Park
project and carried out 4 seasonal safety inspections and 21 targeted inspections on liquor storehouses
electrical systems special operations and confined spaces with a total of 4250 safety hazards identified
and a 100% rectification rate.Deployed an automated drone inspection system for all-weather multidimensional and comprehensive aerial
safety surveillance identifying 133 safety hazards all of which were resolved.Workplace Safety Inspections at Gujing Distillery Emergency Response Drills at Yellow Crane Tower Distillery80 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 81
Safety Education and Training Nurturing Talented Personnel and Caring for
We have established a systematic safety training program with 2960 workplace safety education and training sessions Employees
conducted throughout the year covering 183727 employees. To regularly identify safety education and training needs
we have established an IT-based education and training platform. All employees have been organized to participate in various
activities such as the cybersecurity knowledge quiz ensuring the daily practice and weekly learning of safety knowledge. Moreover Guided by the philosophy that “talent matters more than products and growth outweighs success” we remain committed
we have launched the Workplace Safety Month campaign and built a multidimensional publicity network through diverse publicity to a talent-driven development strategy. We regard our employees as indispensable assets earnestly protect their rights and
methods such as playing safety warning videos and putting up posters for the Workplace Safety Month campaign. Additionally interests foster their professional growth safeguard their occupational health and ensure they benefit from the opportunities
we have hosted an experience-sharing event themed “Telling My Workplace Safety Story” encouraging employees to share real- and achievements of the times. In 2024 Gujing Distillery had 13453 employees with an employee turnover rate of 4.09%
world job-specific workplace incidents to create a workplace where everyone advocates for and upholds safety. remaining below the industry average.Employee Composition at Gujing Distillery
Indicator 2021 2022 2023 2024
Total employees (persons) 10745 11310 12969 13453
Including: Male employees (persons) 8127 8657 9985 10434
Female employees (persons) 2618 2653 2984 3019
Proportion of female managers (mid-to-senior level) (%) 12.13 12.57 8.24 8.10
Employees with disabilities (persons) / 80 88 93
New hires during the reporting period (persons) 762 1019 1758 1573
Gujing Distillery organized employees to watch the safety warning video.Employee Distribution at Gujing Distillery in 2024 (Unit: Persons)
By Age Group By Education Level
50 years and above 41–49 years Master’s degree or above Bachelor’s degree
31–40 years 30 years and below Junior college and below
22844358790
2106211752403990
Mingguang Liquor conducted safety education and training for new employees.By Employment Level By Gender By Region
Contractor Safety Management Mid-to-senior management Male Female Bozhou region Other regions
General employees
We have continuously strengthened third-party commissioning and outsourcing management by enhancing contractors’ safety
awareness and management competence. Clear safety supervision and management requirements have been established for
contractor safety qualification reviews bidding contract execution subcontracting project initiation on-site construction and
special operations. In response to safety challenges associated with third-party management commissioning and outsourcing we
have released the Notice on Strengthening Safety Management of Related Parties. This initiative included a comprehensive review
of our third-party commissioning and outsourcing units with 47 third-party units identified and an information management 247 13206 10434 3019 7772 5681
archive established. Moreover a bulletin board for related parties has been set up in the production workshop of the Intelligent
Industrial Park displaying their personnel details and identified hazards and supervising the implementation of safety measures.82 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 83
Protection of Rights and Interests Career Development
Protection of Rights and Interests Enhancing Talent Acquisition
We firmly oppose any behavior that disregards or violates human rights. In strict compliance with laws and regulations of the We have continued to optimize our talent development system by adopting a multi-channel recruitment approach that integrates
People’s Republic of China such as the Labor Law the Labor Contract Law the Law on the Protection of the Rights and Interests campus recruitment headhunting services and social hiring. Moreover we have strengthened our talent pool across core areas
of Women and the Law on the Protection of Persons with Disabilities we have formulated internal policies including the Human such as business management digitalization technical expertise and marketing while also providing employment opportunities
Resources and Employment Management System to standardize recruitment screening evaluation and onboarding procedures for retired military personnel. Throughout the year a total of 1573 new hires joined the Company recruiting 319 brewing
for employees. We prohibit all forms of discrimination and harassment based on ethnicity religion gender age or nationality. We technicians 121 bottling technician and 30 blending and storage technicians thereby reinforcing the talent foundation for the
adhere to lawful employment practices strictly prohibit the use of child labor and forced labor uphold the principle of equal pay Company’s high-quality growth.for equal work and ensure that all labor contracts are established performed modified or terminated in accordance with the law.Remuneration and Benefits Expanding Career Pathways
We have implemented differentiated remuneration adjustments in 2024 under the Remuneration Management System. Following We have formulated the Implementation Plan for Skill Development Pathway Evaluation upon discussion which clearly defines
the “dual-matching” policy and a position value-oriented principle we prioritize efficiency while ensuring fairness enhance the evaluation standards methodologies and dynamic management mechanisms for each skill level. This initiative has expanded the
external competitiveness of our remuneration package and favor critical positions key talent and technical experts. Employees’ development pathways for skilled personnel and interconnected two major talent tracks—the management talent track and the
benefit packages are fully protected in accordance with the law with timely and full contributions to social insurance medical technical and skilled talent track—with four specialized sub-tracks. We have also advanced the reform of term-based and contract-
insurance and other social security benefits. Additional coverage includes supplementary medical insurance accident insurance based employment systems enhanced internal competition and performance appraisal mechanisms and refined the processes
critical illness insurance and enterprise annuities. Legal entitlements of employees to rest and vacations are enforced such as paid for job rotation internal exits and the adjustment of underperforming roles to foster a dynamic workforce and unleash employees’
leave parental leave continuously enhancing employees’ sense of gain and overall well-being. drive for innovation and performance.During the reporting period 30 employees were promoted through internal competition 14 employees participated in two 2021 2022 2023 2024
frontline job rotations and 16 key personnel including grassroots managers and core technical staff took part in position
exchanges.Labor contract signing rate
100100100100
(%) Employee Career Development Pathways (Interconnected)
Management Baijiu Technology Digital & Intelligent
Sub-Track Sub-Track Specialization Baijiu Skills Sub-Track
Social insurance coverage Sub-Track
100100100100
rate (%) Senior Management
(Assistant General Consultant Senior
Manager Deputy Consultant
General Manager)
Democratic Management
We value every employee’s voice by promoting democratic engagement through the workers’ congresses and the democratic Middle Management
consultation meetings. Multiple communication channels such as employee mailboxes and a five-tier system for factory affairs disclosure Technical Expert (Assistant Director (Junior Intermediate Chief Digital & Chief Technician
covering centers subsidiaries departments & offices workshops and frontline teams. We have launched initiatives such as the Deputy Director / Director) Senior)
Intelligent Engineer
questionnaire survey on open and democratic problem-solving to support development further safeguarding employees’ rights to be
informed to participate to express opinions and to supervise while protecting their personal privacy in accordance with the law. With
these efforts we have fostered the high-quality functioning of the corporate democratic management system. In 2024 we collected Senior Digital & Special-Grade Intelligent Engineer Technician
236 proposals from the workers’ congresses and 63 rational suggestions through daily feedback with a 100% response rate. The Frontline ResearcherManagement
“real-time dialogue and all-round communication” feedback platform was established achieving a 100% task transfer rate. (Supervisor Deputy (Junior Intermediate
Manager Manager) Senior) Advanced Digital &
Intelligent Engineer Senior Technician
General Staff Technician Digital & Intelligent
(Level 1–5) (Level 1–5) Engineer Technician
Junior / Intermediate
/ Senior Skilled
Worker
New Employee /
Democratic Consultation Meeting in Progress Apprentice
Technical and Skilled Talent Track
Management Talent Track84 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 85
Cultivating High-Caliber Talents “Inheritance Program”
We attach importance to fostering employee growth and career development and cultivating skilled proficient and top-tier talents
in production and operations as well as well-rounded exceptional and virtuous talents in corporate management. To match
internal and external training needs with precision we have built a diversified training system with categorized tiered and leveled Focused on inheriting craftsmanship culture and spirit this program adopts a
structures. Leveraging the energizing and centralized management function of the Human Resources Center we have established “master-apprentice” talent development model. To date 158 mentors and
annual training plans maintained a dynamic roster of internal instructors and continuously upgraded our training curriculum.Under our “1321” talent development framework we have actively implemented key programs such as the “Seedling Program” 190 apprentices have been selected. By the end of 2024 174 apprentices
the “Inheritance Program” and the “Lighthouse Initiative”. We have provided various training programs such as the training for had successfully completed their training and graduated from the program.shift and team leaders Gu 20 master lecture the training for reserve officials in marketing management lectures delivered by
technical quality experts and consultants digital technology training and employee onboarding supported by activities such as On-site Mentoring by a Master in the
“Inheritance Program”
peer exchanges and learning. These initiatives have significantly enhanced employee skills and intrinsic motivation.Gujing Distillery’s “1321” Talent Development Framework
“Lighthouse Initiative”
Skills Training Platform Designed to cultivate skilled personnel
First-Class Centered around business areas such as digital transformation data
1 Training Management Training Platform Focused on developing various types of managerial and professional talents governance and cybersecurity this initiative aims to cultivate interdisciplinary Platforms talent in intelligent manufacturing by utilizing an integrated approach
Online Training Platform Aiming to build the Gujing knowledge management system combining lectures case studies discussions co-creation and study tours.A total of 19 dedicated training sessions have been held with 1052
Instructor Management System Enabling internal instructors to promote mentoring and employees attending.knowledge transfer
“Lighthouse Initiative” Training
Three Key Hosted by Gujing Distillery
3 Training Curriculum Management System Continuously refining and updating training courses while Support integrating internal and external resources
Systems
Qualification System Implementing qualification-based training and evaluation
Indicator 2021 2022 2023 2024
Ladder Program Management track Technical track Marketing track Investment in employee training (RMB 10000) 273.06 217.41 275.57 660.01
Two Major
2 Talent Development Skill enhancement classes for versatile shift and team leaders Employee training duration (hours) 174660.47 352942.31 381195.00 620713.09
Programs Foundation Program specialized training programs for automation talent vocational
skill level certification training and assessments and theoretical
and practical qualification training Employee training participants (10000 persons) 17.13 46.73 34.70 44.27
A
Comprehensive
Set of Talent All-Round Learning Credit 1 On-the-job training credits full-time learning credits reward Development Management System credits and penalty credits Enhancing the Reform and Development of the Industrial Workers
Management
Mechanism We fully implement the guiding principles of General Secretary Xi Jinping’s important discourses on the working class and trade
union work as well as his latest thoughts perspectives and requirements on the reform of industrial workers development.Upholding the fundamental principle that industrial workers remain aligned with and committed to the Party’s leadership we
Gujing Distillery’s Signature Talent Development Programs focus on key areas such as ideological and political guidance safeguarding workers’ status as key stakeholders skill development
career progression protection of labor and economic rights the establishment of platforms for professional achievements and
“Seedling Program” workforce expansion. Highlighting the role of enterprises as the main body we actively collect promptly report and continuously
optimize enterprise-level reform initiatives. We are committed to exploring a distinctive workforce reform path tailored to Gujing’s
Designed to foster well-rounded young talents through a multidimensional corporate characteristics while advancing workforce reform across subsidiaries such as Yellow Crane Tower Distillery and
approach that combines theoretical learning with practical application. Mingguang Liquor thereby fostering a world-class industrial technical workforce and promoting harmonious labor relations.Two sessions of the program have been launched. In the first session 166 In 2024 Gujing Gongjiu will prioritize four key aspects: skill development career progression platforms for professional
participants achieved varying levels of promotion. The second session achievements and workforce expansion. By mobilizing and guiding industrial workers to play a central role in enterprise
comprised eight dedicated classes and enrolled 521 participants through Thematic Training on Hō-Ren-Sō development and China’s modernization we will conduct workplace training programs skill competitions model worker
careful selection. (Reporting–Informing–Consulting) in recognitions and “Role Models in the Workplace” campaigns. Additionally we will enhance the establishment of innovationthe Second Session of the “Seedling studios and their collaborative alliances identify and commend outstanding teams exemplary individuals model workers andProgram”
moral exemplars fostering a corporate culture that values excellence innovation and the dignity of labor.86 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 87
Occupational Health
We strictly comply with the Law on Prevention and Control of Occupational Diseases and the Measures for the
Supervision and Administration of Employers’ Occupational Health Surveillance. Internal policies including
the Occupational Health Management System and the Occupational Health Management Manual have
证书号:
been formulated and an Occupational Health Office has been established to oversee the implementation of 安徽古井贡酒股份有限公司 （统一社会信用代码：913400001519400083）
体系适用范围：位于中国安徽省亳州市谯城区古井镇张集南2公里处105国道西侧；安
responsibility agreements across all units monitor the incidence rate of occupational diseases and assess the 徽省亳州市古井镇古井山庄对面；安徽省亳州市古井镇张集行政村（古井大道东头）的安徽古井贡酒股份有限公司的白酒的设计、开发和生产的职业健康安全管理活动
注册地址：中国安徽省亳州市古井镇职业健康安全管理体系符合： GB/T 45001-2020/ISO 45001:2018 《职业健康安全管理体compliance rate of labor protection equipment distribution and usage. We have conducted two occupational 系 要求及使用指南》 发 证 日 期 ：2023年 6月 6日；有效期：2026 年 6 月 5日
初次发证日期：2014年11月6日
注：认证注册范围不包括未获得有效的国家规定的相关行政许可、资质许可的产品/服务范围;
hazard factor tests around the year with all results falling within permissible limits and publicly disclosed via 自初审/再认证审核认证决定之日起，每间隔不超过 12 个月必须接受一次监督审核，并经审核合格证书方为有效。证书信息可通过国家认监委官方网站（www.cnca.gov.cn）或扫描下方二维码查询。
总经理签发：
workplace hazard factor warning cards. The emission levels of hazardous factors in all work areas have been Summer Care to Frontline Employees at Gujing Distillery Rehabilitation and Recuperation Trips for the First Group of Frontline
inspected on a quarterly basis to intensify source control of occupational disease risks. Continuous efforts Employees in 2024
have been made to improve the working environment by providing qualified personal protective equipment
and facilities so as to reduce employees’ exposure to toxic or harmful substances. Regular occupational G u j i n g D i s t i l l e r y ’ s
health check-ups and targeted publicity campaigns have been organized to keep an eye on the mental health Occupational Health
and Safety Management
of employees and promote a healthy balanced lifestyle. During the reporting period Gujing Distillery Yellow Certification
Crane Tower Distillery and Mingguang Liquor all successfully obtained certifications for their Occupational
Health and Safety Management Systems.Indicator 2021 2022 2023 2024
New occupational disease cases (cases) 0 0 0 0
Employee health check coverage (%) 100 100 100 100 Employees at Gujing Distillery Receiving Sanfutie to Treat Winter Yellow Crane Tower Distillery Extending Care to Frontline Staff
Diseases at the Height of Summer
Occupational health record coverage (%) 100 100 100 100
Caring for Female Employees
Employee health check expenses (RMB 10000) 393.37 415.97 494.67 537.76
We highly value and enhance the labor protection of female employees throughout the production process with thoughtful measures in place
Employee Care to safeguard their physical and mental well-being. A range of women-focused programs has been launched under the theme “Empowering Women to Pursue Their Dreams Striving Forward to Achieve New Successes”. Moreover we have provided breast and cervical cancer
screenings for female employees showed care and concern for them during menstruation pregnancy perinatal and lactation periods created Safeguarding Employee Well-Being “Women’s Homes” and “Mental Wellness Stations” and delivered lectures themed “Professional Women in Anhui”. During the reporting
Upholding the fine tradition of going into communities to communicate the Party’s lines and policies carry out research and studies period 2362 female employees received breast and cervical cancer screenings with total investment exceeding RMB 470000.address people’s complaints and conduct field work we remain committed to the “Three-Listening and Three-System” and frontline Enriching Cultural and Sports Life
work approaches demonstrating genuine care for frontline staff employees in need and retirees. We have regularly carried out activities
including the delivery of health in spring coolness in summer education assistance in autumn and warmth in winter as well as health We have organized a variety of engaging cultural and sports activities while continuously improving relevant facilities for
checkups quarterly major illness medical assistance and door-to-door services. We have also organized rehabilitation and recuperation employees. Staff have been encouraged to “step out” and participate in national and provincial events such as the 2nd National
trips and offered free health checkups for all employees. Experts from renowned hospitals have been invited to deliver on-site lectures Workers Fitness Exercise Exhibition Competition and the 1st Employee Singing Competition in Anhui Province thereby enriching
and provide voluntary medical services for employees through initiatives such as “Renowned Doctors Enter Top Enterprises” “Free their leisure activities and fostering a vibrant corporate culture.Clinic with the Party in Mind” and “Receiving Sanfutie to Treat Winter Diseases at the Height of Summer”. Green channels for medical
treatment have been established to meet the healthcare needs of employees and their families.During the reporting period financial support was provided to 188 families of employees in need with nearly RMB 800000
in aid distributed. 10 rounds of rehabilitation and recuperation trips were organized for frontline employees to help them
recharge physically and mentally.Though Seasons Change Our Care Remains Constant
Gujing Distillery hosted the First Gujing Youth Talent Competition. Yellow Crane Tower Distillery hosted a basketball friendship match
for employees.Delivery of Health in Spring: Over RMB 1 million worth of medicine was distributed.Delivery of Coolness in Summer: Comfort packages worth over RMB 300000 were delivered to frontline workers
during extreme heat.Delivery of Education Assistance in Autumn: Over RMB 830000 in grants and scholarships was awarded to
support the academic dreams of 105 students.Delivery of Warmth in Winter: Goods worth nearly RMB 200000 were distributed to employees in need and model
workers during the New Year and Spring Festival holidays. Gujing Distillery achieved first place in the group Tai Chi event Mingguang Liquor organized Women’s Day celebrations.along with the Outstanding Group Award and individual champion
runner-up and third-place honors at the 2nd National Workers
Fitness Exercise Exhibition Competition.88 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 89
Promoting Industry-Wide Prosperity through
Win-Win Cooperation We promote IT-based supplier management and manage supplier data via the Supplier Supplier Relationship Management (SRM) system.Management
We conduct regular audits of supplier qualification documents to ensure validity.Guided by a development philosophy of openness shared benefits and joint responsibility we maintain rigorous control over supplier
management. Through systematic training specialized governance and supervision and inspections we enhance supplier capabilities
and unleash the full potential of a sustainable supply chain. Additionally we deepen industry exchanges and collaborations and
maintain close communication and cooperation with industry peers to create a mutually beneficial and win-win future.Responsible Supply Chain We conduct periodic performance appraisals on suppliers focusing on product quality Supplier delivery timeliness and service with relevant results made public on a regular basis.Supervision
Base-Oriented Cultivation and Evaluation We organized 31 supplier supervision and inspections covering 31 suppliers and
identifying issues for improvement.Base-oriented cultivation is a crucial link for baijiu enterprises to control the source of their industry chain. Giving full play to 129
our advantages as a leading enterprise in the industry chain we have established close collaboration with raw grain suppliers
and farmers by signing base planting agreements technical guidance and funding. Together we have developed high-quality
grain cultivation bases covering over 500000 mu encompassing the entire process from raw grain selection planting and
harvesting to storage and transportation. These efforts have effectively mitigated market risks for farmers created differentiated
competitive advantages and continuously enhanced our supply chain resilience thereby ensuring a safe high-quality and eco-
friendly supply of raw grains for baijiu production. Supplier Exit We periodically evaluate and eliminate underperforming suppliers and review and disclose suppliers placed on the blacklist.Responsible Procurement
We have established a Procurement Center to continuously promote standardized and refined procurement management. By
formulating and implementing internal regulations such as the Procurement Management Regulations for Goods and Services and
the Implementation Rules for Raw and Auxiliary Fuel Procurement of Anhui Gujing Distillery Company Limited we have developed
long-term mechanisms covering procurement and review procurement execution quality inspection warehousing and payment Supplier Capability Building
and approval processes. Moreover we have strictly enforced procurement pricing management and enhanced cost control to
ensure fair and transparent pricing in all procurement stages effectively reducing procurement risks. The final approvers for According to internal regulations such as the 2024 Training Plan for Packaging Material Suppliers on Quality Management we have
each procurement plan have been clearly designated and a robust accountability system has been established to ensure precise adopted a comprehensive training approach combining theoretical training site visits and hands-on practice with the aim of
responsibility fulfillment and enhance the compliance and execution efficiency of procurement. In parallel we have promoted strengthening our supply chain quality management. More than 300 individuals from 118 packaging and raw grain suppliers
the procurement of minor materials from e-commerce platforms by clarifying material scopes order placement procedures and have received systematic training in batches. Meanwhile we have enforced quality control at the source and improved suppliers’
detailed implementation plans thereby enhancing overall procurement management capabilities. responsibility performance through various initiatives such as special rectification supervision and inspections performance
evaluations and blacklist management. Furthermore we have accelerated the construction of a green supply chain by urging
Meanwhile we have firmly promoted strategic procurement and centralized procurement by integrating company-wide suppliers to facilitate process upgrades energy conservation consumption reduction and resource recycling thereby creating an
purchasing needs in an orderly manner ranging from raw grains auxiliary materials and packaging to production equipment ecosystem for high-quality development based on a shared sense of responsibility.and office supplies thereby improving bargaining power and procurement efficiency through our scale advantages and reducing
procurement costs. Furthermore we have fostered strategic partnerships with key suppliers by jointly building bases co- Indicator 2023 2024
developing new products and improving processes to achieve shared benefits risk sharing and collaborative development.Partnered suppliers (companies) 696 843
Supply Chain Management
Potential suppliers rejected due to non-compliance with social responsibility
We have revised and improved institutional systems such as the Supplier Management Regulations and expanded our pool of 0 0requirements (companies)
high-quality suppliers while continually improving mechanisms for supplier admission dynamic evaluation risk control and
exit. With these measures we strive to build a high-quality responsible and sustainable supply chain management system that Suppliers whose cooperation was terminated due to non-compliance with social
operates with stability safety and consistency. 30 55responsibility requirements (companies)
We adhere to the principles of openness transparency mutual benefit and full competition Suppliers reviewed during the reporting period (companies) 1751 2257
and widely attract global high-quality suppliers by breaking through geographic restrictions
and fully leveraging Internet thinking. Suppliers penalized (companies) 35 55
Supplier Multiple departments jointly draft supplier development notices and evaluation plans and
Admission investigate collect and verify the materials submitted by suppliers. Supplier training sessions (sessions) 10 5
All suppliers are required to sign a Code of Conduct for Good Faith Business with a 100% Percentage of suppliers who signed the Integrity Commitment Agreement (%) 100 100
signing rate.90 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 91
Strengthening Industry Collaboration
We have actively aligned ourselves with the big picture of industry development and deeply engaged in major domestic and
international economic trading cultural and technical exchange activities with the aim of expanding our partnerships both
in scope and depth. With a focus on industry-university-research integration we have closely collaborated with academic and
research institutions including China Agricultural University and the China National Research Institute of Food & Fermentation
Industries. These efforts have promoted innovations in brewing technologies and industrial upgrading and accelerated the modern
and intelligent transformation of baijiu production. We attach great importance to leveraging culture as a driver of development.Through a diverse range of brand events we aim to showcase the distinctive appeal of Chinese baijiu and promote the inheritance
and innovation of traditional brewing techniques. As an industry frontrunner we have continued to lead by example by working
hand-in-hand with industry partners to open a new horizon in high-quality development and better tell the story of Chinese baijiu
to a global audience.
2024 Packaging Material Supplier Quality Improvement Training
Holding the 5th International Distilled Spirits Technical Forum in 2024 and permanently settle in Gujing Gongjiu
2024 First New Distributor Training Conference of Yellow Crane Tower Distillery
Equal treatment of small and medium-sized enterprises
Large enterprises and small and medium-sized enterprises are not in opposition but can be partners in collaborative
development. We fully safeguard the legitimate rights and interests of small and medium-sized enterprises and help them
overcome development bottlenecks and achieve common growth through financial support resource sharing and technological
empowerment; When conducting business transactions with small and medium-sized enterprises it is necessary to confirm
the creditor debtor relationship clarify the payment deadline settle payments in a timely manner and avoid affecting the fund
flow and financing activities of small and medium-sized enterprises due to delayed payments. During the reporting period the
company did not have any overdue payments from small and medium-sized enterprises.In September 2024 Liang Jinhui Secretary of the Party Committee The 4th Gujing-Moutai Technical Exchange Session
and Chairman of Gujing Distillery introduced the development of
Gujing Distillery to visiting leaders and guests at the 2024 World
Deepening Exchange and Collaboration Manufacturing Convention.We remain committed to deepening domestic and international exchange and cooperation to promote coordinated industrial
development. By actively participating in the formulation of industry standards we contribute to the establishment of a scientific
and well-rounded standard system for the baijiu industry helping bring Chinese baijiu onto the global stage.Developing Industry Standards
We have fully leveraged our exemplary role in leading the baijiu industry and actively participated in the development of national
and industry standards. In 2024 Gujing Distillery continued to advance its standardization efforts by leading or participating in the
drafting of 2 national standards 1 local standard and 2 group standards. These initiatives have provided technical support and
normative guidance for the industry facilitated high-quality industrial development and further consolidated and enhanced the
market influence of baijiu. Visiting Fenjiu for Technical Exchange Conducting Technical Exchanges with Beijing Technology and
Business University92 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 93
Making Charitable Efforts and Giving Back to
Society
Upholding the principle of “giving back to society and benefiting the people” we have devoted ourselves to rural revitalization
volunteer services emergency response and other social welfare efforts giving back to society through concrete actions.Advancing Rural Revitalization
The development of Gujing Distillery is inseparable from agriculture following the laws of nature the dedication of hardworking
farmers and the ever-evolving countryside. In response to China’s rural revitalization strategy we have expanded and
strengthened the baijiu industry to maximize value under the principle of “grain planting to the forefront and produce to follow”
and “agriculture to the forefront and industry to follow”. We have established a leadership team for assistance work headed
by Liang Jinhui Secretary of the Party Committee and Chairman of Gujing Distillery and dispatched the third cohort of officials
to work at villages giving targeted assistance to Yongchang Community in Gongdian Town Lixin County and contributing to
comprehensively promoting rural revitalization through on-the-ground action. In 2024 Gujing Distillery was honored with the
title of “Advanced Unit for Rural Revitalization in Anhui Province” and won the “Outstanding Organization Award (EnterpriseCategory)” in the Second Anhui Rural Revitalization Innovation and Entrepreneurship Competition.Indicator 2022 2023 2024
Unconditional support funding provided（RMB 10000） 65.6 75.91 80.59
Specialty agricultural products purchased（RMB 10000） 41.08 22.12 30
Gujing Distillery leaders visited the assisted community to extend their care and support.Financial aid for students in need（RMB 10000） 17.5 27 25
Underprivileged students supported（Persons） 35 54 50
Scholarship and grants awarded（RMB 10000） 80 71.5 83.5
Industrial Assistance
We strategically established our “first workshops” in high-quality grain-producing regions to expand raw grain planting
areas. By promoting base-based cultivation and contract farming we boosted farmers’ enthusiasm and income while
creating local employment opportunities.Yellow Crane Tower Distillery partnered with the local government to jointly build raw grain bases and increase farmers’
income. Core employees were dispatched to work in Laifeng County Hubei Province facilitating industrial support.Mingguang Liquor signed a co-development agreement with the Minglv No. 1 Green Bean Base in Jianxi Town Mingguang
City. “Good Wine Needs No Bush” a rural revitalization story Gujing Distillery’s assigned village officials visited and provided
showcasing how Gujing Distillery addressed rural road construction care to local residents in need.challenges demonstrates Gujing’s corporate responsibility.Consumption Assistance
We organized employees to purchase local agricultural products such as grapes and sweet potatoes with total purchases
amounting to RMB 300000 throughout the year.Leveraging our resources and media platforms we helped promote and sell specialty agricultural products such as the
“Yongchang Gift Pack” featuring pears and the “Four Treasures of Yangzhuang” (chili peppers sweet potato vermicelli
sweet potato starch and lotus roots).Organizational Assistance
Key personnel were dispatched to rural areas to conduct on-site visits and investigations identify real needs and actively
help solve practical problems.Educational Assistance
We carried out educational donations and jointly established the “Gujinggongjiu · Nianfenyuanjiang Charity Fund” in Mingguang Liquor signed a co-development agreement with the Four Treasures of Yangzhuang
partnership with the Hope Project Leading Group Office in Bozhou City providing grants in 2024 to students in need. Minglv No. 1 Green Bean Base in Jianxi Town Mingguang City.94 Anhui Gujing Distillery Company Limited Our Practices: Building on Integrity Crafting Fine Liquor Upholding Self-Discipline and Benefiting Society 95
Commitment to Public Welfare and Philanthropy Engaging in Volunteer Services
We vigorously promote the spirit of volunteers featuring contribution friendship mutual support and progress through
We firmly believe in sharing the fruits of our development with society and actively engage in diverse public welfare initiatives. professional teams such as the “Gu 20” Volunteer Service Corps and the “14+N” Volunteer Service Teams. Employees areThrough robust emergency response support we spare no efforts to safeguard social stability and public well-being contributing encouraged to engage in diverse volunteer activities to spread Gujing’s positive energy and goodwill including “Love & Supportto a harmonious society and the happiness of the people. for Exam Candidates” public education on baijiu “Model Workers and Artisans Enter Campuses” caring for the elderly and left-
behind children and building three-star trade union service stations.Indicator 2022 2023 2024 During the reporting period we conducted nearly 800 volunteer activities with over 5000 participants. The “Gu 20” Volunteer
Service Corps was named “Outstanding Employee Volunteer Service Team of Bozhou” and 2 individuals were recognized as
Total annual donations（RMB 10000） 2236 2428 462 “Excellent Employee Volunteers”. The “Love & Support for Exam Candidates” campaign once again received high praise from
Bozhou municipal leaders.Volunteer service teams（Teams） 12 14 14
Public service activities（Activities） 745 760 795
Cumulative volunteer service duration（Hours） 1490 1520 1590
Promoting Stable Employment
In alignment with national employment promotion policies we actively expand recruitment efforts and provide employment
support to individuals facing employment difficulties zero-employment households unemployed graduates and nearby villagers.By creating permanent temporary and public interest-based flexible job opportunities we help alleviate employment pressures.Gujing Distillery team visited a Hope Primary School to provide aid and support. A n e m p l o y e e o f G u j i n g D i s t i l l e r y
participated in voluntary blood donation.Joining Forces for Charitable Giving Supporting Emergency Rescue
We are deeply committed to philanthropic initiatives and encourage employees to participate in helping those in need. Since 2007
our “Golden Autumn Student Assistance and Scholarship Program” has awarded a total of more than RMB 8 million in grants and We have established an emergency response mechanism for accidents and disasters providing all-out support for emergency
scholarships benefiting more than 1500 students. We have also contributed to charitable causes such as the Anhui Charity rescue and disaster relief. A dedicated fire brigade has been established to actively support surrounding communities in rescue
Federation’s “Happy Home” project Bozhou’s emergency epidemic response and Bozhou’s Minor Protection Fund. Additionally missions and assist in safeguarding people’s lives and property. During flood seasons we enhanced early warning capabilities for
we have actively participated in the “99 Giving Day” campaign. With a total of RMB 4.62 million in charitable donations flood disasters and assisted with river dredging and road repair. In times of major disasters we promptly provided supplies and
throughout the year Gujing Distillery was recognized as an Outstanding Collective Recipient of the Anhui Charity Award. manpower to affected areas. In 2024 the Company conducted 8 social firefighting and rescue operations helping avert property
losses valued at approximately RMB 600000.Yellow Crane Tower Distillery participated in the 2024 Hanyang Education Development Fundraising Campaign and conducted charitable
donations. Our dedicated fire brigade participated in an emergency rescue operation.96 Anhui Gujing Distillery Company Limited Future Outlook 97
Future Outlook
On the new journey we will strive for greater success.
2025 marks the year for improving the working style of
Gujing. We will rally even more closely around the CPC
Central Committee with Comrade Xi Jinping at its core
and implement the guiding principles from the 20th
CPC National Congress the third Plenary Session of
the 20th CPC Central Committee and General Secretary
Xi Jinping’s major addresses during his visit to Anhui.Under the strong leadership of the Bozhou municipal
CPC committee municipal government and the Group
Company we will insist on enhancing management
through fine work styles driving development through
efficient management and ensuring stability through
continuous growth. We will pursue the enterprising
pioneering and persevering spirit strengthen our
core liquor business solidify the foundation of quality
carefully plan for the integration of liquor and other
industries and spark new momentum for value
creation. By focusing on high-quality development
we will strive to achieve outstanding results and make
greater contributions to the construction of a better
Bozhou on the journey of Chinese modernization.98 Anhui Gujing Distillery Company Limited Appendices 99
Appendices Third-Party Authentication
INDEPENDENT VERIFICATION STATEMENT
Index of Indicators
Objectives of WorkStandards）
GRI Sustainability Guidel ines on Sustainabi l i ty Bureau Veritas Certification (Beijing) Co. LTD ("BUREAU VERITAS") has been engaged byAnhui Gujing Distillery Company Limited (hereafter referred Table of Contents Reporting Standards R e p o r t i n g f o r C h i n e s e Page to as "Gujing Distillery") toconduct an independent verification of its 2024 Environmental Social and Governance (ESGReport (the "Report"). This
(GRI Standards) Enterprises (CASS-ESG 6.0) Verification Statement applies to the related information includedwithin the scope of work described below.About This Report 2-22-32-4 P1.1-P1.2 P02 This information and its presentation in the report are the sole responsibility of themanagement of Guiing Distilery. Our sole responsibility
was to provide independentverification on the accuracy of information included.Message from the Chairman 2-112-172-242-27201-1403-1405-1 P2.1 P04 Scope of Work
About Us 2-12-9413 P.3.1-P3.4 P06 Gujing Distillery requested Bureau Veritas to verify the accuracy of the following.Our ESG Journey 2-12-9413 P10 Data and information included in the Report for the 2024.1.1-2024.12.31.Our Actions in Alignment with the United Nations Sustainable Excluded from the scope of our Verification is any verification of information relating to:
Development Goals (SDGs) 2-12-9413 P14 Activities outside the defined verification period;
ESG Governance、ESG Strategy、ESG-Related 2-92-112-142-22 Risk Management、ESG Key Performance G.1.1.1-G.1.1.6 P18 Positional statements (expressions of opinion belief aim or future intention by GujingDistillery) and statements of future O u r
Indicators (KPIs) Objectives and Targets 2-232-272-29Phi losophy: commitment;Financial data and information that has been audited by a third party
Crafting Fine ESG Topic Management 3-13-23-3 G1.1.9 P22 Financial data and information that has been audited by a third party.L iquor for a
Happy Life ESG Stakeholder Engagement & Capacity Level of assurance: limited assurance levelVerification standard
Building 2-29 G1.3.1-G1.3.2 P23 Verification standard
Holding High the Banner of Party BuildingLeadership P26 International Standard for Assurance Engagements Other than Audits or Reviews ofHistorical Financial Information(“ISAE 3000(Revised)")developed by theInternational Auditing and Assurance Standards Board;
Solidifying Our Foundation through Corporate
O u r Governance
2-92-11 G.1.1.1-G.1.1.6 P28 Methodology
Management:
I n t e g r i t y Ensuring Compliance Management and Law-
As part of its independent verification Bureau Veritas undertook the following activities.
2-12 G1.1.8 P30
Fairness and Based Operations 1. Interviews with relevant personnel of Gujing Distillery;
Transparency Prioritizing Risk Prevention and Control for 2-25 G1.2.2-G1.2.4 P33 2.Review of documentary evidence produced by Gujing DistillerySteady and Long-Term Growth
3.Audit of performance data tracing and checking the sample data according to thesampling principle;
Staying Committed to Combating Corruption
and Upholding Integrity 2-27205 G2.1.1-G2.1.4G2.1.8G2.2.1-G2.2.3 P35 4.Review of Gujing Distillery systems for quantitative data aggregation and analysis.Delivering Genuine Quality and Exceptional 404 S3.3.1-S3.3.6 P40 Our work was conducted against Bureau Veritas' standards for external Verification of Non.financial Reports based on current best practice Services in independent assurance. The validationwork was planned carried out and concluded based on the limited rather than absoluteassurance
Strengthening Brand Prestige through Cultural as determined by Bureau Veritas
Influence 404 S3.3.1 P49 Verification Conclusion
Advancing Innovative Development with
Our Practices: Science and Technology 203301302 S2.1.2-S2.1.13 P52 On the basis of our methodology and the activities described above it is our opinion that.B u i l d i n g o n
I n t e g r i t y E1.1.1-E1.1.8、E1.1.12-E1.1.16G1.1.8， Nothing has come to our attention to indicate that the reviewed statements within thescope of our verification are inaccurate and the
C r a f t i n g Fostering a Pleasant Ecological Environment 301-306 E 2 .1. 2 - E 2 .1. 8 E 2 . 2 . 7 E 3 .1.1 - P61 information included therein is notfairly stated;
F ine L iquor E3.1.5E3.2.3-E3.2.4E3.3.2-E3.3.4
U p h o l d i n g It is our opinion that Gujing Distillery has established appropriate systems for thecollection aggregation and analysis of quantitative data.S e l f - Ensur ing Safety and Stabi l i ty through 403 S4.2.1-S4.2.6 P77 Statement of independence impartiality and competence
D i s c i p l i n e Coordinated Management
and Benefiting Bureau Veritas is an independent professional services company that specialises in QualityEnvironmental and Occupational Health and
Society Nurturing Talented Personnel and Caring for 401404 S4.1.3-S.4.1.7S4.1.11-S.4.1.12S4.2.1-Employees S4.2.4S4.3.1-S4.3.3 P81 Safety Social Responsibility with more than 190years history in providing independent assurance services. Members of the assurance
teamhave no interests or conflicts of relationship with Gujing Distillery. We have conducted thisverification independently and impartially.Promoting Industry-Wide Prosperity through 308414 S3.1.1-S3.1.4 P88 Bureau Veritas has implemented a Code of Ethicsacross the business to maintain high ethical standards among staff in their day to day Win-Win Cooperation businessactivities.Making Charitable Efforts and Giving Back to
Society 203413 S1.1.1-S1.1.3，S1.2.1S1.2.5-S1.2.6 P92
Future Outlook 103-2 A1 P96
Wendy Zhao Bureau Veritas Certification (Beijing) Co. LTD
Index of Indicators A4 P98
Appendices Third-Party Authentication A3 P99 Director of Greater China Region Assurance Team Leader 2025-04-15
Feedback Form A5 P100100 Anhui Gujing Distillery Company Limited
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Our contact information
Phone: 0558-5710057 Email: gjzqb@gujing.com.cn
Mailing: Headquarters Building of Anhui Gujing Distillery Company Postal Code: 236800
LimitedQiaocheng District Bozhou City Anhui Province
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