Stock Code： 300284
2024
Company address: No. 8 Fuchunjiang East Street Sustainability Report
Jianye District Nanjing City Jiangsu Province
Company website：www.jsti.com
Contact No.: 025-86576542 JSTI GroupCONTENTS
About This Report 01 01 Sustainable Governance 19
Chairman's Statement 03 Enhancing Governance Mechanism to Drive Sustain-
Sustainable Development able Development 21
Highlight 05 Guaranteeing Operations with Compliance 27Strictly Observing Legal Conduct Creating a Business
Discovering JSTI 07 Ecosystem 35
Special Topic 1:
Digital Driving Forward 02 Environmental Protection 37
Empowerment Helping Upgrade 15 Addressing Climate Challenges Promoting Low-Car-
Special Topic 2: bon Transition 39Improving System Management Controlling Environ-
Laying out Low-Altitude Track mental Risk 45
Expanding Development Space 17 Enhancing Resource Efficiency Promoting Green Development 48
Optimizing Material Management to Promote Circu-
lar Development 50
Protecting Ecological Diversity Building a Beautiful
Home Together 50
03 Industry Value 51
Building a Responsible Supply Chain Fortifying the
Supply Base 53
Innovation Driving Forward Starting a New Chapter 58
Strictly Adhering to the Quality Line and Fulfilling the
Responsibility of Safety 64
Strengthening Data Defenses Safeguarding Custom-
er Privacy 68
04 Beautiful Life 71
Future Outlook 87 Protecting Labor Rights Promoting Employee Devel-opment 73
Appendix 1: Performance Table 89 Valuing Health and Safety Creating a Safe Environ-
Appendix 2: Index Table 97 ment 81Fulfilling Social Responsibilities Delivering Corporate
Appendix 3: Feedback 101 Warmth 85JSTI Group Sustainability Report 2024
About This Report Data Source
The data in this Report comes from the raw data of the Company's actual operation public data from government departments
annual financial data relevant internal statistical reports third-party questionnaires and third-party evaluation interviews. The
financial data in this Report is in RMB. In case of any inconsistency between this Report and the Financial Report the Financial
This report is the sustainability report published by JSTI Group (hereinafter referred to as "JSTI" "the Company" or "we"). It Report shall prevail
discloses the Company's sustainable development activities for the year 2024 in detail according to the principles of objectivity
standardization transparency and comprehensiveness.Notes on Appellations
Report Scope Definition items Definition content
JSTI the Company or we JSTI Group
This report focuses on JSTI Group including its subsidiaries branches and other entities. Unless otherwise stated the scope of this
report is consistent with that of the Company's annual report. JSTI Group the Group JSTI Group and its subsidiaries within the scope of consolidation
Energy Tech Jiangsu Energy Tech Development Co. Ltd
Reporting Period Traffic Design Jiangsu TS Traffic Design & Research Division Co. Ltd
Tengyun Technology Tengyun Low-altitude Intelligent Technology Development Co. Ltd.The reporting period covers from January 1 2024 to December 31 2024 (referred to as "the reporting period"). To enhance the
comparability and forward-looking nature of this report some content may retrospectively cover previous years or provide
forward-looking descriptions. The report is published annually consistent with the fiscal year.Confirmation and Approval
Basis for Report Compilation This report was approved by the Company's Board of Directors on April 12 2025 and was published concurrently with the annual
report. The Board of Directors commits to supervising the content of the report to ensure there are no false records or misleading
■ Guidelines No. 17 of the Shenzhen Stock Exchange for the Self-regulation of Listed Companies - Sustainability Report (Trial) statements and is responsible for the authenticity accuracy and completeness of the content.■ Global Reporting Initiative (GRI) Sustainability Reporting Standards (GRI Standards)
■ State-owned Assets Supervision and Administration Commission of the State Council - Guidelines on High-Standard Fulfillment This report is published in Chinese. The English version is translated from the Chinese version and in the event of any discrepan-
of Social Responsibilities by Central Enterprises in the New Era cies the Chinese version shall prevail.■ China Enterprise Reform and Development Society - Chinese Corporate Sustainable Development Report Guidelines (CASS-ESG6.0)
■ Task Force on Climate-related Financial Disclosures (TCFD) Framework
■ UN Sustainable Development Goals (SDGs) Report Acquisition
■ Sustainability Accounting Standards Board (SASB) Standards
This report is available on the Company's website (http://www.jsti.com) the Shenzhen Stock Exchange website (http://ww-
w.szse.cn) and the CNINFO website (http://www.cninfo.com.cn) for review and download.
01 02JSTI Group Sustainability Report 2024
Chairman's Statement
Letter to shareholders customers partners and all employees: Digital transformation: Advancing industrial intelligence Excellent management: Solidifying a high-quality develop-
The year 2024 has been a year of progress for JSTI to strengthen upgrade ment model
its mission and vision and accelerate the implementation of its On the new track of digitalization and industrialization we The Company's management system has been continuously
strategy. Facing the complexities of global dynamics and the have deepened our layout and strived for higher achieve- optimized and highly recognized by the competent authori-
challenges of industrial transformation and upgrading we have ments. Our lightweight monitoring products won first place in ties. Our upgraded quality certification received an AAA+
adhered to high-quality development optimized management the Monitoring and Early Warning Application Demonstration rating maintaining a leading position and JSTI's high-quality
strengthened technological innovation and made steady prog- List of Ministry of Transport and received three first prizes in development model of "Dual Platforms and Dual Circulation"
ress. provincial-level science and technology. We have extensively was recognized as an advanced quality management method
Looking back on this year JSTI's strategic deployment has implemented monitoring early warning and emergency in the regions of Jiangsu Zhejiang Anhui Jiangxi and Shang-
achieved remarkable results. Our core businesses have devel- disaster relief for highway and bridges with over 70 demon- hai.oped stably emerging businesses have grown rapidly and our stration projects covering risk points across multiple provinc-
forward-looking layout has continuously advanced achieving es. The integrated construction of urban lifelines has contin- Social responsibility: Cultivating the future of talent
enhancements in whole value chain capabilities and resilient ued to progress with frequent good news from six cities and Committed to technology heritage and public service JSTI
development. We have built an efficient talent supply chain counties in Jiangsu Province. actively assumes social responsibilities. Our science and tech-
enhanced per capita efficiency stimulated organizational vitali- nology education demonstration base was rated as excellent
ty deeply cultivated key markets with precise strategies In the low-altitude economy sector JSTI in collaboration with transportation science education base by the Jiangsu Com-
strengthened management platforms and focused on lean enterprises and research institutions established the Jiangsu prehensive Transportation Society and through technical
operations to ensure business continuity profit optimization Industrial Research Institute of Low-altitude Economic Devel- exchanges industry promotion and public science services
and secure repayments. Relying on our business platforms we opment created a low-altitude flight regulatory platform we have helped enhance public scientific literacy. Relying on
have improved production efficiency adhered to quality and innovated the "Test Flight Base + Industrial Park" model and school-enterprise cooperation platforms we continued to
safety standards and deepened the application of cutting-edge actively participated in low-altitude industry planning explore the integration of industry and education providing a
technologies such as 2D and 3D collaborative design intelligent research projects and standard setting providing intelligent solid talent foundation for the construction of a modern com-
detection and AI empowerment. Breakthroughs in both digita- support for industry development. prehensive transportation system.lization and industrialization have driven synchronous achieve- Research and innovation: Leading the future of the industry Looking forward to 2025: Leading with technology
ments in technological innovation and performance growth. The Company has allocated resources to strengthen the con- co-creating the future
Our overseas subsidiary Eptisa has achieved growth against struction of our research platform clusters injecting enduring
global market challenges demonstrating robust resilience. momentum into sustainable development. Relying on the In the future we will continue to exceed customer expecta-
Technology empowerment: Consolidating our foundation as a National Engineering Research Center for New Road Materials
tions enhancing high-quality delivery and value creation.think tank-type technology enterprise the Company was approved as a ministry-level standard verifi- Increase R&D investment:
In alignment with our goal of becoming a think-tank type tech- cation site of new road material to create a high-quality stan- Accelerate technological innovation and consolidate our
nology enterprise we have continuously enhanced our techno- dard innovation service platform. The Company was success- competitive advantage in key technology areas;
logical brand influence and achieved numerous historic break- fully approved as a pilot for national highway modern mainte-
throughs. As a strategic support unit for think-tank initiatives nance project leading an upgrade in modern maintenance Deepen our talent development strategy:
JSTI has actively undertaken key research projects and deeply models for the industry. We led a pre-feasibility study for the Rejuvenate the spirit of striving and stimulate organizational
supported high-quality development discussions in transporta- construction of bridges with spans over 3000 meters pushing vitality;
tion low-altitude economy studies and the construction of a forward international bridge technology innovation and sup-
modern index system for rural roads thereby promoting policy porting the construction of a powerful transportation nation.Adhere to green and sustainable development:
Li Dapeng formulation and practical implementation in the industry. This The Company's leadership in a national key R&D plan project
Strengthen corporate social responsibility and support the
harmonious advancement of the industry and society.Chairman of JSTI Group year we participated in the compilation of the "15th Five-Year has further solidified our leading position in industry technolo-
Plan" series of plans of Guangdong Province and Guangzhou gy. Our mission: To become the most dynamic and trustworthy
City for the first time achieving zero breakthroughs. Global layout: Accelerating talent strategy implementation enterprise shaping the new world.Green and low-carbon: Deepening "dual carbon" industrial In 2024 we actively implemented a global talent introduction Our vision: To become a global leader in technology enter-
development strategy achieving significant results. A total of 38 individuals prises in the infrastructure sector.Continuous breakthroughs in the "dual carbon" industry have in the Company has received municipal-level or higher talent
supported the high-quality development of green transporta- awards including eight who were honored with provincial-lev- Conclusion
tion. Our subsidiary Energy Tech was honored as a nation- el or higher accolades. In the fields of digital transportation and smart travel we introduced two industry experts broad- In 2025 we will continue to improve living environments and al-level specialized refined differential and innovative "Little
Giant" enterprise and its independently developed flywheel ening our technological horizons and strengthening innova-
bridge spatial distances with technological innovation inspir-
energy storage technology for smart expansion of highway tive practices. In terms of international business EPTISA con-
ing imagination and jointly shaping the future. Lastly on
service areas was included in Nanjing's city-level key applica- tinued to attract leaders in consulting energy and industrial
behalf of the Board of Directors I sincerely thank all leaders
shareholders and friends from all walks of life who have cared
tion scenarios list. Additionally the Green and Low-Carbon sectors after the successful introduction of a CEO earlier in the year injecting new energy into overseas market expansion. for supported and contributed to JSTI's growth! I also extend Technology R&D Center of Transportation Industry of Guang- my sincerest respects to all employees and their families.dong Province which was jointly applied to establish was suc-
cessfully approved furthering our research in green and With a long journey ahead and sails set high we will carry our
low-carbon transportation promoting the transformation of mission and forge ahead bravely!
scientific and technological achievements and driving the
green development of the industry.
03 04JSTI Group Sustainability Report 2024
Sustainable Development Highlight
ESG Highlight and Performance in 2024
Business CorporateGovernance Environmental Socialperformance Performance performance Performance
Operating income Number of shareholders' meetings held Total greenhouse gas emissions Public welfare Percentage of
4.729 3 investment female employeesCNY billion times 3479.00tons of CO2 equivalent
CNY 1.1328million 26.15%
Net Profit Attributable to Shareholders Number of Board meetings Employee training Employee training
of the Listed Company Greenhouse gas emissions reduction investment coverage6times
CNY0.224billion 108.11tons of CO2 equivalent CNY 2 million 100%
Number of meetings R&D investments Number of R&D personnel
Total asset of the Board of Supervisors PV power generation
16.063 5 354200 CNY0.29billion 1441personsCNY billion times kWh
Cumulative number Cumulative number
of authorized patents of software publications
Total tax payment Number of anti-corruption trainings Purchased electricity 1200 items 452 items
CNY0.367billion 8times 6.5499 million kWh Total number Total number
of trademarks of published papers
Number of internal risk trainings Water consumption 67 items 523 papers
3times 74200.00 tons Labor contract Social insurance signing rate coverage
100%100%
05 06JSTI Group Sustainability Report 2024
2024 ESG Honors
September 2024 September 2024 December 2024 December 2024
Outstanding IR Team Award Going green standing at the forefront of the new carbon
of Investor Relations Gold Award (2023) road" selected among the Top 100 Low Carbon Brands Second E-Board ESG+8 "Value 100" Best ESG Practice Award for Listed Companies 2024
Shenzhen Panorama Network Co. Ltd. China International Fair for Trade in Services Shenzhen Value Online Information Technology Co. Ltd. Shenzhen Value Online Information Technology Co. Ltd.October 2024 December 2024 December 2024
Second Guoxin Cup * Top 20 TOP300
ESG Annual Communication Impact Pioneer Award Carbon Neutrality in ESG Golden Bull Award Top 300 Most Popular Listed Companies
Phoenix TV China Securities Journal Hangzhou Tonghuashun Data Development Co. Ltd.
07 08JSTI Group Sustainability Report 2024
Discovering JSTI Business Overview
JSTI Group is the first A-share listed engineering consulting company in China ranking among the top in terms of research level
Basic Information technical ability qualifications brand and market share. The Company's overall strength and competitiveness maintain a leading position in the industry. In 2024 it ranked 67th in the "Top 150 Global Design Firms" by Engineering News-Record (ENR) and 85th
among the "Top 225 International Design Firms". JSTI currently has over 120 subsidiaries with branches in more than 20 countries
JSTI Group is a comprehensive solution provider in the infrastructure sector consistently committed to offering innovative and globally and projects in over 60 countries employing more than 8000 full-time staff.leading solutions to build an international technology enterprise group and achieve high-quality sustainable development. Found- The Company's main business includes engineering consulting and engineering contracting with engineering consulting being the
ed in 1978 as Jiangsu Transportation Institute Co. Ltd. the Company went public with its initial public offering of A-shares on core business. JSTI is dedicated to providing customers with innovative leading one-stop comprehensive solutions.January 10 2012 and was officially listed on the Shenzhen Stock Exchange (stock code: 300284). In 2015 the "JSTI Group" was
officially established. In 2016 the Company strategically partnered with the global leading engineering design consulting service
provider — Eptisa Servicios de Ingenieria S.L. from Spain (referred to as "Eptisa") accelerating its pace of internationalization
through Eptisa's global network. In 2021 the Company introduced Guangzhou Pearl River Enterprises Group Ltd. as a strategic The Company's main business structure and main products are as follows:
cooperative shareholder through capital increase and share expansion. It is currently the controlling shareholder of the Company
and the actual controller is the State-owned Assets Supervision and Administration Commission of Guangzhou Municipal Govern-
ment. As of the end of the reporting period the Company's registered capital is approximately CNY1.263 billion with headquarters
located in Nanjing Jiangsu Province.The Company has always adhered to the quality policy of "customer focused quality first" committed to excellence in perfor-
mance management and continued to provide professional and standardized engineering consulting services. From 2018 to 2020
the Company has obtained the highest level AAA certification for the upgraded version of the quality management system for three Engineering
consecutive years; in 2022 according to the new grading certification standards it obtained the highest level AAA+ certification. In consultation
2022 the Company was awarded the "Jiangsu Provincial Governor Quality Award" by the People's Government of Jiangsu
Province becoming one of the ten enterprises to win this award and the first enterprise in the Jiangsu transportation sector to
receive this honor.Over the years JSTI has focused on technology research and development adhered to independent innovation and achieved Survey Environmental
fruitful results successively honored as a "National High-tech Enterprise" "National Innovative Enterprise" "National Intellectual and design businessComprehensive Project Corresponding Downstream
Property Demonstration Enterprise" and "National Model Unit for Introducing Foreign Intelligence". The Company has formed a Infrastructure testing management Environmental Industries
platform cluster centered on two national research platforms (the National Engineering Research Center for New Road Materials engineering co- testing (moni-C i v i l t e s t i n g Engineering su- Industries such as high-
and the National Key Laboratory for Safety Longevity and Healthy Operation of Long-distance Bridges) and supported by more nsulting repo- toring) reports rts project feasi- reports road pervision serv- environmental ways municipal engi-
than 40 ministerial provincial and municipal platforms conducting various types of research to meet the needs of the transporta- b i l i t y s t u d y testing system ices etc. impact assess- neering water trans-
tion industry. It has repeatedly received major national scientific and technological special projects such as key R&D projects of the reports prelimi- services etc. ment reports port railways urban
Ministry of Science and Technology the National Science and Technology Support Program international cooperation projects nary cost esti- etc. rail environmental
and the National Natural Science Foundation of China. mates design
d o c u m e n t s aviation water conser-
and drawings vancy construction
etc. and power
Corporate Culture
Engineering
contracting
Our mission Our vision Our values
To become the most dynam- To become a global leader Customer Focus; Talent
ic and trustworthy enter- in technology enterprises in Development; Teamwork Infrastructure engineering contracting services etc.prise shaping the new the infrastructure sector Spirit; Innovation Excel-
world lence; Result Orientation
09 10JSTI Group Sustainability Report 2024
Key Qualifications 2024 Corporate Honors
Qualification Category Name March 2024 August 2024 October 2024
Planning category ■ Grade A urban and rural planning compilation qualification
■ Grade A comprehensive engineering consulting creditworthiness
Consulting category ■ Grade A specialized engineering consulting creditworthiness
■ Grade A special engineering consulting creditworthiness
Surveying category ■ Grade A surveying qualification
Exploration category ■ Grade A engineering exploration comprehensive qualification
■ Grade A comprehensive engineering design qualification First Prize in Scientific First Prize of Heilongjiang Science First Prize of Jiangsu Science Design category
■ Grade A special engineering design qualification and Technological Progress Award and Technology Progress Award and Technology Award in 2023
■ Engineering quality inspection qualifications: Highway engineering ? special traffic engi- People's Government of Hubei Province People's Government People's Government
TIC (engineering) category neering highway engineering ?special bridge and tunnel engineering highway engineering ?
of Heilongjiang Province of Jiangsu Province
Grade A waterway engineering ? Grade A for materials waterway engineering ? Grade A for
structures
October 2024 October 2024 October 2024
■ Construction industry qualifications: Grade One general contracting for highway engineer-
Construction category ing Grade One general contracting for municipal public works Grade One specialized con-
tracting for bridge engineering and Grade One specialized contracting for highway subgrade
engineering
Supervision category ■ Grade A for highway engineering ■ Grade A for municipal public works supervision
城乡规划编制资质证书 First Prize in the Technology First Prize in the "Tiangong Cup" Digital First Prize in Scientific
Innovation Award Traffic and Intelligent Construction and Technological Progress
证书编号：自资规甲字22320621 证书等级：甲级 Technology Application Competition of China Steel Construction Society
单位名称：苏交科集团股份有限公司 China Association for Promoting Science
承担业务范围：业务范围不受限制 and Technology Industrialization China Highway Society China Steel Construction Society
扫码登录“城乡规划编制单位信息公示系统”了解更多信息
统一社会信用代码：91320000741339087U 发证机关
有效期限：自2022年10月10日至2025年12月31日2023年12月29日
November 2024 November 2024 November 2024中华人民共和国自然资源部印制
First Prize in Scientific First-class results
and Technological Progress (comprehensive group) Transportation Brand Enterprise
of China Highway Society in the 6th "Municipal Cup" BIM China Association
Application Skills Competition of Communication
China Highway Society China Municipal Engineering Association Enterprise Management
11 12JSTI Group Sustainability Report 2024
2024 Major Events
February June September November
■ "Rallying for New Beginnings" The Group's 2024 pledge ■ Eptisa won the "ESRI Technical Training Excellence Award" ■ The Group was recognized for "Advanced Quality Manage- ■ Two projects by the Group won the First Prize in the
ceremony was grandly held ment Methods in Jiangsu Zhejiang Anhui Jiangxi and "Tiangong Cup" Digital Traffic and Intelligent Construction
■ The Group successfully won the bid for the "Provincial Shanghai for 2024" Technology Application Competition
■ The "Construction and Quality Improvement of Engineering Technical Service for the Compilation of County Road
Maintenance Quality Management System During Sutong Network Planning in Jiangsu Province" and the "Construction ■ Energy Tech a subsidiary of the Group was honored as a ■ The signing ceremony of the strategic cooperation between
Bridge Operational Period" project successfully passed accep- of the Modernization Index System for Jiangsu Province's national specialized refined differential and innovative JSTI and China Construction Port and Navigation Bureau was
tance 'Four Good Rural Roads'" projects "Little Giant" enterprise successfully held
■ The "Guidelines on the Promotion and Application of the ■ The "Sucheng to Sihong Section of Yancheng to Luoyang ■ The "Research on Key Technologies and System Develop-
March Second Batch of Jiangsu Steel Structure Bridges" edited by National Expressway" designed by the Group passed the ment for Road Full Lifecycle Maintenance Based on Optimal the Group was officially released completion acceptance Benefits" undertaken by the Group successfully passed accep-
tance
■ The Xiamen Shanhai Health Trail (Yunhai Trail Linhai Trail)
Project designed by Xiamen Municipal Engineering Design ■ The Group made a brilliant appearance at the World Trans- ■ The Academic Seminar on Low-altitude Economic Develop-
Institute Co. Ltd. a subsidiary of the Group successfully won portation Conference (WTC) with its cutting-edge "innovative ment and the Inauguration Ceremony of the Low-altitude ■ The Group successfully won the bid for the Smart Compre-
the "Chinese Habitat Environment Model Award" achievements" and started a journey of leading technologi- Economic Development Industry Research Institute were hensive Logistics Park of Gansu (Tianshui) International Land
grandly held at the JSTI Nanjing Design Center Port - "Emergency and Normal Use" suburban large
warehouse EPC general contracting project
■ The strategic cooperation signing ceremony of JSTI and
Provincial Planning and Design Group was successfully held ■ July The Group's "Going green standing at the forefront of the new carbon road" case was included in the "Top 100 Low-car- ■ The Xiamen Shanhai Health Trail designed by the Xiamen
bon Brands" case Municipal Institute won the "2024 Excellence Award of
April ■ Eptisa Southeast Europe Region signed new project: International Municipal Engineering Association"
Supporting the establishment of Natura 2000 nature reserve ■
■ The signing ceremony of the low-altitude economic joint network in Montenegro
The Group actively participated in "The 16th International
Transportation Technology and Equipment Exhibition and
venture project between JSTI and United Aircraft Group was Global Sustainable Transportation Summit (2024)" December
successfully held ■ The Group established a friendly strategic cooperation with
Kazakhstan Road New Materials International Trade Compa- ■The "Green and Low-Carbon Technology R&D Center of The "Traffic Services Digital Economy Development and ■
The Group's Road Engineering Institute (Road Maintenance ny Low-Altitude Economy Empowering Road Traffic Salon ■
Center) was honored as a "National Workers' Pioneer" Seminar" hosted by the Group was successfully held
■ The Group signed a joint innovation cooperation agreement
■
■ The 220kV AIS substation in Matatita Nepal designed and with China Mobile Group Jiangsu Company Limited and October The "Yangkou Port to Rudong Urban Section of Yangkou
consulted by Chengnuo Weilai a subsidiary of the Group was Huawei forging new chapters in intelligent transportation Port to Nantong Expressway" project in which the Group
successfully completed ■ The Group joined the National Transportation Energy participated in survey and design passed acceptance
Integration Industry-Academia-Research Alliance
August ■ The "Yancheng-Taizhou-Wuxi-Changzhou-Yixing Railway"
■ The "Research and Application of Digital Intelligent Mainte- project which the Group participated in designing officially
nance Technology of Expressway" project participated by the started constructionMay ■ The Group successfully won the bid for the detailed territorial planning project for the central urban area of Guangyuan City JSTI Digital Intelligence a subsidiary of the Group won the second prize of the "Jiangxi Science and Technology Progress ■ The "Tropical Rainforest National Park Tourism Highway"
■The Zhangfu River Bridge for which the Group's Award" surveyed and designed by the Group officially opened to
wholly-owned subsidiary Traffic Design provided full-process ■ The Group's efforts helped Shanghai Suzhou-Wuxi-Nantong to traffic
consulting services was officially opened to traffic be selected as "2024 National Comprehensive Freight Hub Chain
Strengthening Support Cities" ■ Two railway freight planning projects prepared by the Group passed expert review ■ The signing and inauguration ceremony of the Bay Area
■The Group was invited to attend the Nanjing Low-altitude Joint Laboratory of the National Key Laboratory for Safety
Economic Development Conference and signed a co-construc- ■ The project "Technical Consultation on Optimization and Estima-
tion agreement with the Jianye District Government and the tion of Total Social Logistics Costs in Jiangsu Province (Involving ■ The Group successfully won the bid for the Huangpu District
Longevity and Healthy Operation of Long-distance Bridges
city's key low-altitude economic projects Transportation Part)" led by the Group passed the review low-altitude flight infrastructure new infrastructure project
was successfully held
■The "Lanzhou Comprehensive Transportation System Plan ■ The civil drone test flight operation base led by the Group ■ The Group supported the opening of Suzhou Metro Line 7
(2023-2035)" compiled by the Group successfully passed the ■ JSTI was recognized in the ENR list for the 19th consecutive year passed the acceptance smoothly Xuzhou Metro Line 3 Phase II and Nanjing Metro Line 7
expert review with "double nominations" in 2024 marking significant advancements in urban transit infrastruc-ture
13 14JSTI Group Sustainability Report 2024
The Company's digital business products are diverse and play a key role in areas such as management digitalization and business
Special Topic 1 digitalization driving the Company's digital transformation and providing strong support for achieving strategic objectives.Digital Driving Forward Management digitalization products
Empowerment Helping Upgrade Global operations system intelligent transformation (AI applications) and data-driven decision-making
JSTI's digital strategy encompasses strategic intent business design organizational talent and key tasks
aiming to enhance operational efficiency and build new production capabilities through digital transfor-
mation.Business digitalization products
D platform T platform (intelligent detection) digital business services platform and Quanzi Cloud
Development positioning: Advance management digitalization to achieve business and
finance integration and data-driven processes; promote business digitalization to
enhance business platform empowerment; and develop digital businesses to create a
second growth curve.Digital business products
Smart capacity expansion low-altitude smart supervision services platform Wukong Cloud infrastructure
Strategic intent Target vision: Reduce non-project costs control quality risks increase project profit digital base Vehicle-Road-Cloud Integrated System Urban Lifeline lightweight monitoring multimodal
margins achieve high revenue growth in digital businesses and obtain data asset transport transport economy and Green Transportation Cloud
registration certificates to promote data transaction.Management digitalization: Enhance digital operation capabilities through the construc-
tion of a global operations system intelligent transformation and data-driven
decision-making achieving system interconnection intelligent applications cost reduc-
tion and efficiency enhancement.Business digitalization: Utilize new technologies to enhance business platform empow-
erment such as construction of D platform and T platform products achieving functions
like 3D modeling and intelligent detection and accumulating energy for platform-orient-
Business design ed development.Digital business: Around the operational phase of infrastructure develop smart capacity
expansion low-altitude smart supervision and other digital business product systems
to promote the transformation of traditional businesses and increase market share.Structure: Establish a digitalization committee with each business institute responsible
for product sales delivery and functional centers responsible for infrastructure system
construction and coordination management.Technology leaders: Define technology leaders for each business direction enhancing
Organizational talent technical levels through internal training or external recruitment and driving product
iteration and development.Include enhancement and promotion of the D platform and T platform construction of a
global operations management map exploration of AI scenario applications and
construction of a digital business services platform with quantitative indicators to plan
Key tasks and implement the process.
15 16JSTI Group Sustainability Report 2024
JSTI's low-altitude economic business focuses on planning consultation and industrial planning industrialization extended
Special Topic 2 industries and productization building five core capabilities.Laying out Low-Altitude Track Planning consultation and industrial planning: Continuously undertake low-altitude economic development planning and regulatory standards setting in multiple locations
Expanding Development Space Industrialization: Focus on new low-altitude infrastructure EPC and operational manage-
ment model exploration using the Dongtai project as a breakthrough and participating in
The low-altitude economy represents a globally competitive new track a national strategic emerging industry platform construction and operation in multiple locations
and a typical example of new production capabilities. JSTI established Tengyun Low-altitude Intelligent Technol- Extended industries: Advance the development of low-altitude facilities and equipment
ogy Development Co. Ltd. and has formulated a series of low-altitude economic business development plans Business design and planning testing training and competition services
aimed at promoting the development of low-altitude economic operations enhancing the Company's competi-
tiveness and influence. Productization: Complete the development and deployment of multiple low-altitude
platform products
Tengyun Technology has already undertaken 7 major initiatives and 28 projects covering consulting services
infrastructure construction and extended services. The Company actively participates in multiple low-altitude Conduct core capability building around five key areas such as urban air traffic manage-
alliances engages in exchanges and cooperation with various parties and has led the establishment of the ment systems and establish detailed development goals action plans and resource
Jiangsu Industrial Research Institute of Low-altitude Economic Development. allocation plans to enhance the Company's technology and service levels in the low-alti-
Tengyun Technology is determined to become a domestically renowned high-end think tank-type technology Innovation capacity building tude economy
enterprise in the field of low-altitude economic development.Construct an organizational structure that matches business development establish
multiple business units cultivate and attract technology leaders and key talents through
a combination of internal promotion and external introduction while planning paths for
Organizational talent strategy personnel efficiency enhancement
Driven by a combination of "consulting + technology + Focus on implementing six key tasks including core talent introduction core capability
assets" it adheres to technology leadership focusing on
Based in Jiangsu it solidifies its market in the Yangtze building platform construction exploration of new low-altitude infrastructure models
digitalization and industry integration and innovation
River Delta region actively expands into the Pearl River development of application scenarios and flight services and low-altitude application
creating core products for low-altitude applications
Delta Beijing-Tianjin-Hebei and Chengdu-Chongqing Key task planning product development specifying key results and responsibilities for each task
exploring operational management and profit models
regions and develops other areas in an orderly manner.and aiming to become an integrated urban low-altitude
"invest-build-operate" service provider.Low-altitude manufacturing Low-altitude flight
The core industries of the low-altitude economy play a
traction and driving role in the development of the entire
Provide aircraft and other products and services for low-altitude economy including production operations
low-altitude flight activities including research and (low-altitude + agriculture and forestry low-altitude +
development manufacturing production sales test- environmental protection etc.) public services (low-alti-
ing training qualification certification etc. of drones tude + emergency low-altitude + fire protection etc.)
and aviation consumption (low-altitude + logistics
low-altitude + cultural tourism etc.)
Developme-
Low-altitude support nt direction Comprehensive services
Related industries that provide support services for All kinds of service industries that support and assist
low-altitude flight and airspace safety including infra- the development of low-altitude economy including
structure construction low-altitude airspace control aviation exhibition advertising consulting science and
systems UAV flight information UAV countermeasure education cultural media leasing etc.systems etc.Low-altitude economic and industrial direction
17 18Sustainable Governance
Responding to SDGsJSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Enhancing Governance Mechanism Responding to SDGs
to Drive Sustainable Development SDGs Action Corresponding SectionChapter 4 Enhancing Quality of Life
Establish an E-learning network academy set up the JSTIer WeChat I. Protecting Labor Rights Promoting Employee
platform develop the Fangshan University course system and support Development
Sustainable development policy all employees in learning and growth; establish scholarships III. Fulfilling Social Responsibilities Delivering Corporate Warmth
Eliminate workplace gender discrimination adhere to the principle of
equal pay for equal work provide restrooms and nursery rooms for Chapter 4 Enhancing Quality of LifeJSTI upholds a sustainable development policy of "Strategic Leadership Diversified Innovation Science and Technology Empow-
female employees and set up a women's committee to speak out on I. Protecting Labor Rights Promoting Employee
erment and Green Synergy" aiming to become a global leader in the technology sector of the infrastructure field and achieve behalf of female workers Development
sustainable corporate development. Chapter 2 Environmental Protection
Implement wastewater management and improve water resource III. Enhancing Resource Efficiency Promoting
utilization Green Development
Strategic leadership Diversified innovation
Power office buildings with renewable energy install electric vehicle Chapter 2 Environmental Protection
charging stations in office areas and advocate green commuting for III. Enhancing Resource Efficiency Promoting
Guided by the "2+2?∞" strategic plan JSTI Diversify business operations enhance project employees Green Development
charts a path for sustainable development quality explore new areas and upgrade tradi-
Sustainable tional businesses Safeguard employee rights and firmly oppose all forms of child labor and Chapter 4 Enhancing Quality of Life
development forced labor I. Protecting Labor Rights Promoting Employee
policy Development
Science and technology empowerment Green synergy Establish a full lifecycle technology innovation management system Chapter 3 Industrial Value
formulate innovation reward policies at different levels and strengthen II. Innovation Driving Forward Starting a New
intellectual property protection Chapter
Focus on technological R&D and innovation
and rely on research platforms and project out- Implement green development principles Chapter 4 Enhancing Quality of Life
comes for empowerment through organizational management synergy
Advocate an equal and diverse workplace environment ensuring employ-
ees enjoy equal treatment in recruitment salary training and promotion I. Protecting Labor Rights Promoting Employee Development
Chapter 2 Environmental Protection
Sustainable development vision and goals Deepen environmental measures and advance soil and water monitoring II. Improving System Management Controlling Environmental Risk
The Company is committed to becoming an industry leader and a model for sustainable development. It actively responds to the Chapter 3 Industrial ValueStrengthen product quality control using a digital management model
"carbon peak and carbon neutrality" goals and the United Nations Sustainable Development Goals (SDGs) enhances the ESG III. Strictly Adhering to the Quality Line and providing higher quality services to customers
strategy framework and adheres to commitments to natural environments society employees and customers. The Company Fulfilling the Responsibility of Safety
orderly identifies monitors and manages risks and opportunities in the ESG domain integrating sustainable development Chapter 2 Environmental Protection
concepts into corporate management decisions and actively promoting a transition towards green low-carbon harmoniously Actively respond to "carbon peak and carbon neutrality" targets I. Addressing Climate Challenges Promoting
vigorously promote energy conservation and carbon reduction insist on Low-Carbon Transition
co-created and high-quality development paths. using clean energy and reduce greenhouse gas emissions III. Enhancing Resource Efficiency Promoting
Green Development
Responding to SDGs
Construct sewage treatment facilities classify and manage production Chapter 2 Environmental Protection
and domestic wastewater II. Improving System Management Controlling
SDGs Action Corresponding Section Environmental Risk
Chapter 2 Environmental Protection
Chapter 4 Enhancing Quality of Life Engage in greening and soil groundwater testing work to create a livable Actively practice social responsibility engage in charitable donations II. Improving System Management Controlling environment for terrestrial organisms
and support educational aid III. Fulfilling Social Responsibilities Delivering Environmental Risk
Corporate Warmth
Operate legally and compliantly regulate the operation by the Board of
Chapter 4 Enhancing Quality of Life Chapter 1 Sustainable Governance
Promote rural revitalization and consolidate the achievements of Directors the Board of Supervisors and the General Meetings of III. Fulfilling Social Responsibilities Delivering II. Guaranteeing Operations with Compliance
poverty alleviation Shareholders strengthen risk control and enhance investor relations Corporate Warmth III. Strictly Observing Legal Conduct Creating a management and anti-corruption efforts Business Ecosystem
Adhere to safety operation guidelines advance safety training strength- Chapter 4 Enhancing Quality of Life Chapter 3 Industrial Value
en occupational disease prevention measures and create a healthy II. Valuing Health and Safety Creating a Safe Strictly control supplier access selection and assessment work and I. Building a Responsible Supply Chain Fortify-
environment for employees Environment continuously strengthen the daily management of suppliers ing the Supply Base
21 22JSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Sustainable development governance Risk Type Description Corresponding Section 1
Direct purchases or improper source comparison may lead to
unreasonable prices inappropriate supplier selection and difficul-
Sustainable development governance structure Procure- ties in ensuring quality affecting the Company's benefits and Chapter 3 Industrial Value
ment Risks operational efficiency. Unreasonable tendering settings may lead I. Building a Responsible Supply Chain
To achieve long-term stable and balanced development and to lay a solid foundation for sustainable development the Company to non-transparent procurement processes increasing the risk of Fortifying the Supply Baselegal violations and procurement costs and making it difficult to
has established a three-tier sustainable development management structure of "Decision-making — Management — Execution". select high-quality suppliers
The Board of Directors acts as the decision-making body responsible for making decisions on significant matters related to the
Company's sustainable development and reviewing the annual Sustainability Report. Each department/subsidiary's management
is tasked with formulating sustainable development strategic plans and goals coordinating and promoting the implementation of If the Company fails to leverage independent innovation policies to Asset increase investment in technological transformation and fails to Chapter 3 Industrial Value
projects. An ESG-specific working group is established to carry out detailed sustainable development tasks. Management achieve technological upgrades and elimination of outdated II. Innovation Driving Forward Starting a
Risks equipment it may result in outdated fixed assets technology New ChapterSustainable development information management mechanism affecting production efficiency and market competitiveness
To actively practice the concept of sustainable development the Company has established a reporting and management index
system covering occupational health and safety product quality and technological innovation among other issues. It continuous- Technology Chapter 4 Enhancing Quality of LifeRisks of production equipment failures II. Valuing Health and Safety Creating a
ly enhances the ESG management index library. By regularly collecting organizing and analyzing data the Company monitors the Risks Safe Environment
operation of its sustainable governance mechanisms and ensures that the sustainable development goals are clearly understood
and effectively implemented internally. 1 Please refer to the corresponding chapters for details of the management of relevant risks.Sustainable development risk management
To address changes in internal and external environments the Company has built a comprehensive risk management system
established a series of risk management systems and regularly identifies assesses potential risks and formulates response
measures. Sustainable development supervision and assessment
Risk Type Description Corresponding Section 1
The Company has established a comprehensive sustainable development supervision and assessment mechanism that integrates
daily performance tracking with periodic performance evaluations. It closely revolves around strategic planning and associates
Physical Projects located in areas prone to typhoons and heavy rainfall may Chapter 2 Environmental Protectionface risks such as project interruptions and delays in construction I. Addressing Climate Challenges team goals with individual indices through index decomposition comprehensively evaluating the achievement of business objec-
Risks periods Promoting Low-Carbon Transition tives key work progress and innovation breakthroughs. Based on this the Company plans to gradually incorporate ESG-related
indices into the performance evaluation system of responsibility managers comprehensively promoting the Company's sustain-
able development.Policy Chapter 2 Environmental ProtectionChanges in government environmental policies may impact project I. Addressing Climate Challenges
Risks approvals team qualifications and operational compliance Promoting Low-Carbon Transition Stakeholder Communication
Market demand may change due to climate variations such as an Chapter 2 Environmental Protection
increase in the demand for green transportation infrastructure due I. Addressing Climate Challenges Stakeholder identification
Market to global warming and intensified industry competition Promoting Low-Carbon Transition
Risks Stakeholders refer broadly to individuals or groups whose interests are or could be affected by corporate activities. The Company's
Unreasonable planning in service and outsourcing procurement Chapter 3 Industrial Value
and inaccurate market forecasts can lead to increased procure- I. Building a Responsible Supply Chain operations involve various stakeholders. To ensure that the content of this report is accurately focused achieves effective commu-
ment and operational costs and resource wastage Fortifying the Supply Base nication and meets the demands and expectations of stakeholders the Company conducts stakeholder identification work
according to the Guidelines No. 17 of the Shenzhen Stock Exchange for the Self-regulation of Listed Companies - Sustainability
The absence of an effective assessment and access system may
lead to the selection of unsuitable suppliers causing issues with Chapter 3 Industrial Value Report (Trial).material quality pricing delivery and impacting production and I. Building a Responsible Supply Chain
business operations Fortifying the Supply BaseOperational
Risks Stakeholder communication channelChapter 4 Enhancing Quality of Life
Environmental Operational Risks II. Valuing Health and Safety Creating a
Safe Environment The Company has established a diversified communication channel extensively collecting expectations and suggestions from all
stakeholders.
23 24JSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Stakeholders Communicationapproaches Issues of Concern Stakeholders
Communication
approaches Issues of Concern Results of the materiality assessment
■
Shareholders' Meeting ■Business cooperation
Responsible supply 1
chain management Environmental compliance management■
■Information disclosure ■Transparent ■
procurement Regulating Material issue matrix 2 Energy utilization■Performance briefing corporate governance
■Shenzhen Stock ■Protection of Supplier ■Supplier ■Internal control 3 Addressing climate change
Exchange Easy shareholder equity assessment and audit and risk management
Interaction Platform ■Regulating 4 Circular economy
Sharehol- ■Investor hotline corporate governance
ders and ■Research reception ■Internal control
5 Water resource utilization
■
investors Participating in and risk management 6 Pollutant emissionstrategy meeting ■Stakeholder Communication ■Public benefit activities ■
■Panorama Network's In- Rural revitalization Social contribution■ ■
vestor Relations Intera- Public donations Rural revitalization 21
9 7 Waste disposal
■
ctive Platform Community 24 8 Ecosystem and biodiversity conservation
9 Protecting the legitimate rights and
20 110 interests of employees
■Regulating ■Regulating 11
corporate governance 10 Employee training and development
■Information disclosure corporate governanceCustomer visits Internal control 22
3
■ ■ ■Internal control 13 11 Occupational health and safety■
■After-sales services and risk management
Stakeholder Communication Government
Inspection
and supervision and risk management
214
■■■
Clients Customer satisfaction and regulat- ■Research Tax compliance
12 Innovation driven
survey ■Innovation-Driven ory authori- ■and discussion Anti-commercial bribery 16 12■Product and service and anti-corruption 4 25 13 Product and service safety and quality
safety and quality ties ■Anti-unfair Competitions 5 14 Protecting customer rights and interests
15 15 Information security and privacy protection
■
■Congress of Protecting the
Workers and Staff legitimate rights
■Regulating 16 Responsible supply chain management
Employee training and interests of employees
■Roadshow corporate governance 7 6
■
Employee training Performance briefing Internal control 8 17■ ■ Equal treatment of SMEs■
■
Employees Employee activitiesEmployee experience and development Media
■Promotional report and risk management
■ 18 18 Social contribution
■■
■Satisfaction survey Occupational health Stakeholder Communicationand safety 27 19 Rural revitalization
28 20 Protecting shareholders' rights and interests17 23 21
Material issue management Regulating corporate governance22 Anti-commercial bribery and anti-corruption
23
19 26 Anti-unfair competition
Assessment process and method of material issues 24 Tax compliance
25 Internal control and risk management
26 Due diligence
The Company refers to the assessment methods of disclosure standards such as the Guidelines No. 17 of the Shenzhen Stock Exc-
27 Stakeholder communication
h a n g e f o r t h e S e l f - r e g u l a t i o n o f L i s t e d C o m p a n i e s - S u s t a i n a b i l i t y R e p o r t ( T r i a l ) and evaluates material issues from two dimensions: Materiality for the Company's finances Very important 28 ESG governance
financial materiality and impact materiality. This process has identified 4 issues of financial materiality and 12 issues of impact
materiality which are prominently addressed in the report. With both financial materiality and impact materiality With impact materiality but no financial materiality
With financial materiality but no impact materiality With no financial materiality or impact materiality
Issue evaluation process
With both financial
Dimension materiality and impact With impact materiality With no financial materiality
materiality but no financial materiality or impact materialityStep 1: Step 2: Step 3: Step 4:
Understand the Company's Initial screening of issues Materiality assessment Issue identification Water resource utilization
background of issues Environment Addressing climate Environmental compliance management energy
pollutant emission waste
change utilization and circular economy management ecosystem
Utilize value chain analysis Refer to the global report- A total of 383 valid ques- Formulate a list of issues and biodiversity protection
t o e x a m i n e t h e E S G ing frameworks such as tionnaires are collected by with financial materiality
impacts risks and oppor- GRI SDGs and SASB as surveying and analyzing and impact materiality Occupational health Protecting the legitimate rights and interests of Equal treatment of SMEs
tunities associated with well as key issues focused stakeholders through ques- ensuring that these issues and safety innovation Society employees employee training and development social contribution and
various issues identifying on by domestic and inter- tionnaires. are disclosed in the report. drive and responsible product and service safety and quality and pro- rural revitalization
the demands and expecta- national peers to establish Combine the survey results supply chain management tecting customer rights and interests
tions of the Company's and refine the Company's and expert judgments to Anti-unfair competition
stakeholders. issue bank for the year finally determine 4 issues Protecting shareholders' rights and interests due diligence stakeholder
2024. of financial materiality and Corporate regulating corporate governance anti-commer-/ communication and ESG
12 issues of impact materi- governance cial bribery and anti-corruption tax compliance
ality. internal control and risk management
governance
2526
Very important Materiality for economic social and environmental impactsJSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Guaranteeing Operations Board of Directors
with Compliance The Board of Directors is accountable to the Shareholders' Meeting reviews major issues in the Company's operations and makes decisions or submits them for review by the Shareholders' Meeting. JSTI strictly adheres to the C o m p a n y L a w Articles of Associa-
t i o n a n d R u l e s o f P r o c e d u r e o f t h e B o a r d o f D i r e c t o r s clearly defines the scope of authority of the Board of Directors perfects the
standard operating procedures for convening meetings deliberations voting methods and resolutions and fully plays the
Governance by the Board of Directors the Board of decision-making role of the Board of Directors.Supervisors and the General Meetings of Shareholders
JSTI strictly follows the provisions of the C o m p a n y L a w o f t h e P e o p l e ' s R e p u b l i c o f C h i n a (hereinafter referred to as the "Company During the reporting period the Company held six Board meetings
Law") the S e c u r i t i e s L a w o f t h e P e o p l e ' s R e p u b l i c o f C h i n a (hereinafter referred to as the "Securities Law") and other relevant laws reviewed and passed 46 Board meeting proposals with an attendance rate of 100%.formulates the A r t i c l e s o f A s s o c i a t i o n o f J S T I G r o u p (hereinafter referred to as the "Articles of Association") and other systems con-
tinuously optimizes the management system and improves internal governance to effectively protect the rights and interests of
shareholders and other stakeholders.Shareholders' Meeting
Strategy Committee
Board of Supervisors
Investment Committee
Board of Directors
Audit Committee
Secretary of the Board of Directors
Nomination and Compensation Committee
Business Management
Governance structure Scene of the 17th meeting of the Fifth Board of Directors of JSTI Scene of the 19th meeting of the Fifth Board of Directors of JSTI
Shareholders' Meeting
The Board of Directors includes a Strategy Committee Investment Committee Audit Committee and
Nomination and Compensation Committee to assist the Board in fulfilling its decision-making and
The convening procedures qualifications of participants and voting procedures of the Company's shareholders' meeting all monitoring functions playing a significant role in promoting the Company's standardized operations and
comply with the Company Law Articles of Association and other relevant regulations. Independence healthy development.The voting at the Company's shareholders' meeting is conducted through a combination of on-site voting and online voting. To
protect the investment interests and legal rights of minority shareholders major issues affecting the interests of minority investors
are voted on separately and a law firm is hired to provide legal opinions on the shareholders' meeting. Special Committee Composition
Director: Mr. Li Dapeng
Strategy Committee Committee member: Mr. Zheng Hongwei
During the reporting period Committee member: Mrs. Zhang Hanyu (independent director)
3 Director: Mr. Wang Junhuathe Company held shareholders' meetings including 1 Investment Committee Committee member: Mr. Wu Xiang
2 Committee member: Mr. Han Weiannual shareholders' meeting and extraordinary share-
19 Director: Mr. Yang Xiong (independent director) (accounting professional)holders' meetings with a total of proposals consid- Audit Committee Committee member: Mr. Wang Junhua
Committee member: Mr. Sha Hui (independent director)
ered and passed.Nomination Director: Mrs. Zhang Hanyu (independent director)
Committee member: Mr. Zhu Xiaoning
and Compensation Committee
Scene of 2023 annual shareholders' meeting of JSTI Committee member: Mr. Sha Hui (independent director)
27 28JSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
According to the "Management Measures for Independent Directors of Listed Companies" JSTI has formulated the "Independent The compensation of senior management personnel is comprehensively evaluated based on their job positions and management
Director System" and "Rules of Procedure for Special Meetings of Independent Directors" clearly defining the duties and authority roles within the Company the completion of performance assessment indicators the completion of relevant ESG indicators and
of independent directors to ensure they can effectively exercise their powers. At the same time the Company stipulates that objectives and the overall business performance of the Company with compensation awarded according to the Company's
independent directors should independently perform their duties participate in board decision-making and express clear compensation management systems.opinions on matters discussed safeguarding the overall interests of the Company and protecting the legitimate rights and
interests of minority shareholders. As of the end of the reporting period the Company has three independent directors accounting Indicator 2022 2023 2024
for 33.33% of the board.Total pre-tax remuneration received by directors
supervisors and senior executives from the Company (CNY10000) 1594.1 1518.3 1490.77
The Company is committed to building a diverse Board team fully considering factors such as
gender and educational background of the members which helps improve the decision-making
Diversity quality of the Board. Compliance management
JSTI places high importance on the construction of the Company's risk and compliance governance system and adheres to a
Board Member compliance management philosophy that uses risk management as the core internal control as the means and compliance
As of the end of the reporting period management as the foundation committed to building a virtuous cycle risk management system to promote high-quality develop-
the Company had a total of 9 direc- By educational background By age ment of the Company.tors including 1 female director Undergraduate 4 Below 50 years old 3 Compliance management system
11.11% Master 5 50 years old and above 6accounting for .
To establish and perfect the Company's compliance management system and mechanisms clarify compliance responsibilities
and cultivate a compliance culture to achieve lawful and compliant business operations the Company strictly formulates compli-
ance management systems such as Related Transaction System External Guarantee Decision-Making System and External Inves-
t m e n t M a n a g e m e n t S y s t e m b a s e d o n t h e C o m p a n y L a w other laws and regulations and the actual situation of the Company. This
Board of Supervisors establishes a sound compliance management system optimizes operational mechanisms and defines compliance responsibilities
to ensure compliant operations of the Company.The Company strictly elects supervisors in accordance with the election procedures specified in the Company Law and Articles of
A s s o c i a t i o n a n d a l l s u p e r v i s o r s w o r k a c c o r d i n g t o t h e A r t i c l e s o f A s s o c i a t i o n and Rules of Procedure of the Supervisory Committee， Compliance trainingdiligently fulfilling their duties and overseeing the legality and compliance of major company matters financial conditions and the
performance of duties by directors and senior management. JSTI places great emphasis on cultivating a compliance culture within the Company and regularly organizes compliance-themed
training for employees to strengthen their awareness of compliance and improve the Company's compliance management level.Our Board of Supervisors had 3 supervisors including 1 supervisor who was an employee representative. During the reporting During the reporting period the Company conducted two compliance-themed training sessions with 260 participants totaling 260
period the convening procedures qualifications of participants and voting procedures of the Supervisory Board meetings all hours of training.comply with the C o m p a n y L a w A r t i c l e s o f A s s o c i a t i o n and other relevant regulations.Compliance management theme training
5 The Company regularly conducts compliance-themed training for employees covering multiple compliance areas During the reporting period the Supervisory Board held meetings including corporate governance accounting and taxation and environmental management.
reviewed and passed 23 Supervisory Board proposals with an attendance rate of 100%.Compensation management for directors
supervisors and senior management
In strict accordance with the relevant provisions of the C o m p a n y L a w a n d A r t i c l e s o f A s s o c i a t i o n the Company has formulated the
relevant compensation and appraisal system and established a compensation and performance assessment system for senior
management. Based on internal systems and considering the current operational status and industry compensation levels the
Company has formulated the 2024 compensation and assessment plan for directors supervisors and senior management. This
plan aims to fully motivate senior management enhance operational efficiency and quality and ensure the achievement of the Legal risk prevention during contract performance Corporate operational compliance training
Company's business objectives.
29 30JSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Risk management Risk management training
During the reporting period the Company conducted risk management training aimed at building a stronger and more adaptable
In accordance with national laws regulations and relevant policies the Company has established risk management systems such
risk management team through education and training thus helping the Company more effectively identify and manage risks
as Risk Control Management Regulations a n d Regulations on Early Warning and Emergency Response Management of Major Risks
ensuring the Company's robust operation and long-term development. During the reporting period the Company conducted 3 risk
a n d E m e r g e n c i e s standardizing risk management work. Relying on the OA system the Company has launched risk identification
management trainings with 653 participants totaling 177 hours of training .and assessment processes and risk event reporting processes continuously optimizing the operational processes of risk manage-
ment to effectively enhance risk handling and prevention capabilities.To effectively manage risk prevention work the Company has established a risk prevention system led by the Board of Directors Risk control essential knowledge course
with the Chairman serving as the highest leader in risk control. Following the principle of "who manages the business who
approves the process who is responsible for risk control" the Company fully implements the risk control responsibilities of all During the reporting period the Company offered a risk control essential knowledge course aimed at enhancing
relevant parties. employees' compliance awareness risk identification capabilities and emergency handling abilities.(Leading Board Responsible for implementing the overall guidelines policies and work deployments organization) of Directors of risk prevention work
(Leading Management Responsible for executing the risk prevention requirements issued by the Board of organization) layer Directors
(Management Management Responsible for implementing the decisions and arrangements of risk
organization) department
for risk control prevention work from the Board of Directors and management layer
Functional Responsible for implementing decisions and arrangements of risk (Management
organization) management prevention work within their process domains as determined by the departments Board of Directors and management layer
Responsible for implementing the Company's overall deploy-
(Implementing
organization) Business units ment of risk prevention work and specific requirements of risk control in various industry sectors
Risk control responsibility system
The Company has formulated a risk management plan annually carried out risk management activities as required and collected
risk information through weekly functional meetings special communications etc. to form a risk matrix database thereby more
comprehensively and objectively identifying and assessing the likelihood and impact of risks. During the reporting period the
Company has organized risk identification and assessment identified key risks (10 categories in total) and organized functional Internal control
centers to develop and follow up on control measures implement external audit suggestions and focus on the scientific and
reasonable aspects of risk identification and assessment covering the entire company. In accordance with legal regulations such as the B a s i c N o r m s f o r E n t e r p r i s e I n t e r n a l C o n t r o l a n d other relevant laws the Company
has formulated the B a s i c R e g u l a t i o n s f o r I n t e r n a l A u d i t W o r k a n d A u d i t Q u a l i t a t i v e R e s p o n s i b i l i t y M a n a g e m e n t R e g u l a t i o n s . The
Tax risk management Audit Department is responsible for inspecting and evaluating the integrity rationality and effectiveness of the Company's internal controls; auditing the Company's accounting and other related economic materials as well as the legality compliance
authenticity and completeness of the financial revenues expenditures and related economic activities reflected in them aiming
JSTI strictly adheres to national tax laws and regulations has established a tax management system and stipulates that the Group to perfect the Company's internal controls and financial accounting to meet relevant legal regulations and the Company's internal
formulates a tax planning scheme annually and conducts a tax planning execution analysis quarterly. The Company stays updated control requirements. As of the end of the reporting period the Company has completed the 2024 Internal Control Self-Evaluation
with new tax policies disseminating them to each unit and collects information through monthly tax reports on the Group's tax Report of JSTI Group.status tax incentive policies tax risks and response measures. The Finance Center discusses the Group's tax management execu-
tion and tax risk response plans through weekly meetings and irregular concentrated training for financial personnel on tax laws
and related implementation rules.Related transaction management During the reporting period the Audit Department completed 11 audit projects
(including 5 cost audits 3 special audits 2 outsourced audits and 1 internal control
To further standardize transactions with related parties the Company has specified the content of related transactions the scope audit) and issued 63 audit recommendations.of related persons and the review and disclosure procedures in the R e l a t e d T r a n s a c t i o n R e g u l a t i o n s . The Company strictly enforces
a related transaction recusal system ensuring that related directors and shareholders abstain from voting on related transactions
to ensure the Company's standardized operation.
31 32JSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Investor relations management and shareholder rights Information disclosure management
In strict accordance with the regulations such as the Measures for the Administration of Information Disclosure of Listed Companies
Investor exchange the Company has established systems like the Information Disclosure Management System and Insider Information Management S y s t e m to regulate the Company's information disclosure practices and strengthen the management of information disclosure
affairs effectively enhancing the quality of information disclosure.JSTI places high importance on the lawful rights and interests of shareholders and other stakeholders and strictly follows laws and The Company always adheres to the principles of openness fairness and justice in disclosing information and through disclosure
normative documents such as the Guidelines for Management of Relations Between Listed Companies and Investors and GEM St- channels like the SZSE website and CNINFO ensures timely and accurate information disclosure guaranteeing that all investors
o c k L i s t i n g R u l e s o f S h e n z h e n S t o c k E x c h a n g e . The Company has a dedicated "Investor Relations Activities" section in the JSTI have equal rights to information.I n f o r m a t i o n D i s c l o s u r e M a n a g e m e n t S y s t e m t o standardize interactions and complaints handling with investors further strength-
ening communication with investors and potential investors enhancing their understanding and recognition of the Company.Using performance briefings investor hotlines the Company website's investor relations column the Shenzhen Stock Exchange's
"Easy Interaction" platformand Panorama Network's "Investor Relations Interactive Platform" the Company actively communi- During the reporting period the Company disclosed 6 regular reports and 105 interim reports externally.cates with investors conveys corporate information to the market thereby effectively protecting investors' legal rights and
interests and fostering a long-term stable and mutually beneficial relationship with investors.During the reporting period the Company Shareholder rights
hosted 6 on-site investor research visits
63 The Company has established scientific and effective profit distribution decision-making procedures and adjustment mechanisms with a total of investor visits ensuring that the entire distribution process is open and transparent fully safeguarding the rights of minority shareholders to
450 information and participation and truly protecting the legal rights and interests of minority shareholders. Additionally the Compa-answered investor calls and ny places shareholder returns at a significant strategic position formulates the "Three-Year (2023-2025) Shareholder Dividend
interacted with investors190times on Return Plan" and makes clear institutional arrangements for profit distribution committed to maintaining the continuity and
stability of the Company's profit distribution policy and continuously enhancing the investment confidence and satisfaction of
the Easy Interaction platform. JSTI 2023 Annual Performance Briefing Meeting minority shareholders.Performance Unit 2024
Cash dividend per 10 shares RMB 0.95
Total cash dividend (tax-inclusive) CNY 10000 11996.86
Cash dividend ratio % 53.47
During the reporting period according to the 2 0 2 4 C r e d i t R a t i n g R e p o r t o f J S T I G r o u p issued by China Chengxin International Credit
Rating Co. Ltd. the Company's credit rating is AA+; the rating outlook is stable.In May 2024 Zheng Hongwei Deputy Secretary of the
Party Committee Deputy Chairman and General In December 2024 leaders of the State-owned Assets
Manager of Guangzhou Pearl River Enterprises Group Supervision and Administration Commission of
Ltd. the controlling shareholder of JSTI visited the Guangzhou Municipal Government visited the Compa-
Company for inspection and research ny for inspection and research
33 34JSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Strictly Observing Legal Conduct Whistleblowing channel construction
Creating a Business Ecosystem The Company encourages employee participation in internal governance designates specific personnel to verify whistleblower information and implements a whistleblower reward mechanism jointly creating a fair transparent and honest corporate culture
with employees. Multiple whistleblowing channels such as hotlines e-mail and designated personnel are available to all
Anti-business bribery and anti-corruption system stakeholders inviting them through transparent channels to supervise the Company.The Company strictly adheres to various laws and regulations including the Anti-Unfair Competition Law of the People's Republic Whistleblowing acceptance department: Group Audit Department
of China Anti-Monopoly Law of the People's Republic of China a n d t h e Interim Provisions on Prohibition of Commercial Bribery Whistleblowing e-mail: AD@JSTI.COM JUBAO@JSTI.COM
b y t h e S t a t e A d m i n i s t r a t i o n f o r I n d u s t r y a n d C o m m e r c e and has formulated internal management systems such as the Employee Whistleblowing Whistleblowing tel: 025-86576579 025-86576435
C o d e o f C o n d u c t a n d A n t i - B u s i n e s s B r i b e r y M a n a g e m e n t R e g u l a t i o n s . These efforts advocate an integrity-oriented atmosphere and channel Whistleblowing address: Audit Department of JSTI Group No. 8 Fuchunjiang East Street Nanjing
strictly control corruption risks.The Audit Department is responsible for implementing business ethics policies and overseeing internal anti-corruption and
anti-bribery matters. By regularly publishing the I n t e g r i t y B u l l e t i n and using real and cautionary cases the Audit Department deeply The Company is committed to strengthening internal controls on business ethics preventing corruption bribery fraud and other
explains the key connotations and practical requirements of business ethics to all employees effectively guiding them to adhere to irregular behaviors. The whistleblowing management system ensures strict confidentiality of whistleblowers' identities and
ethical norms in their daily work and fostering a clean internal environment. content clearly prohibiting any leakage of whistleblower personal information and strictly forbidding disclosure of details to the
reported individuals or related functional departments. Moreover the Company strictly prohibits and forbids any form of retalia-
Additionally the Company places great emphasis on shaping employees' career starting points by integrating corporate system tion against whistleblowers and will take severe punitive measures against those who violate regulations by disclosing
explanations and integrity values into induction training emphasizing the importance of adhering to professional ethics and whistleblower information or implementing retaliation.encouraging employees to work diligently. Moreover the Company's internal document "Guidance on Performance Evaluation
Rules for Managers' Promotion Confirmation Early Warning and Tenure" specifically includes professional ethics in employee
promotion assessments. Anti-unfair competition measures
During the reporting period no corruption was found in the Company.Annually the Company conducts anti-corruption training for Board members management and all employees integrating The Company strictly adheres to national and local laws and regulations resolutely opposes and resists all forms of unfair competition.integrity culture with corporate governance and job responsibilities infusing "integrity-driven" dynamics into corporate gover- Not only does the Company uphold principles of honest business practice but it also actively advocates and participates in maintaining
nance. market fair competition order establishing good communication and cooperation mechanisms with peers suppliers customers and
industry associations to jointly maintain market order and resist unfair competition practices.During the reporting period the Company organized 8 anti-corruption training sessions with By formulating and implementing the Marketing Management Regulations JSTI explicitly standardizes the roles and behavioral
42701 7240 22 guidelines of marketing personnel while comprehensively supervising and evaluating marketing activities and the marketing participants totaling hours of training . Among these members of efforts of business units thus ensuring that the Company's marketing activities are compliant orderly and collaboratively
22 conducted and promoting the healthy development of the Company's business.management participated totaling hours of training .
Anti-business bribery and anti-corruption measures
Number of responsible marketing trainings12 times
Business ethics risk management Number of people participated in responsible
marketing training612persons
The Company has established early warning and prevention mechanisms for anti-business bribery and anti-corruption promoting Total hours of responsible marketing training1800h
the construction of an anti-business bribery and anti-corruption risk management system. The Audit Department coordinates the
management of anti-business bribery and anti-corruption risks while the Company has established the Regulations on Anti-Fraud
W h i s t l e b l o w i n g M a n a g e m e n t providing a systematic foundation for identifying and controlling risks related to anti-business bribery
and anti-corruption.
35 36Environmental Protection
Responding to SDGsJSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Addressing Climate Challenges Risk Risk Value Likelihood Description Chain of Occurr- Impact Financial Response Type Driver Stage ence Duration Impact Strategy
Promoting Low-Carbon Transition Projects located in areas
prone to typhoons and Increased addi- Enhance project
In recent years climate-related risks such as global warming and extreme weather have been escalating which not only affects Physical Extreme heavy rainfall may face Direct Short- to tional labor costs risk management Medium medium- and expenses for plans and emer-
human health but also has a significant impact on the business operations of the Company. In response to the challenges and Risks weather risks such as project operation term equipment rental g e n c y r e s p o n s e
opportunities presented by climate change JSTI has implemented national policies and goals for "carbon peak and carbon interruptions and delays in construction periods and storage mechanisms
neutrality" and has actively practiced climate change and carbon neutrality initiatives with reference to the TCFD recommenda-
tions framework. During the reporting period the Company clarified its development direction in green and low-carbon business
and ecological environmental protection business actively explored new areas of green and low-carbon business and achieved Regulato-ry chang- Changes in government Revenue loss due C l o s e l y m o n i t o r
significant breakthroughs in creating a complete industry chain for green transportation and green and low-carbon business Policy es affect-
environmental policies
m a y i m p a c t p r o j e c t Direct Short- to to project cancel- p o l i c y t r e n d s t o
demonstrating JSTI's role as an industry benchmark in low-carbon environmental protection and laying a solid foundation for the Risks ing exist- approvals team qualifi- operation Low medium- l a t i o n s a n d e n s u r e p r o j e c t s
Company's sustainable development. ing prod- cations and operational term increased com- comply with the ucts and compliance pliance costs latest regulationsservices
Governance of addressing climate change M a r k e t d e m a n d m a y
change due to climate Increase invest-
variations such as an D e c r e a s e i n ment in technolog-
JSTI is committed to building a comprehensive climate governance system to actively address the challenges posed by climate Changes increase in the demand Medium- m a r k e t s h a r e ical innovation
change. Currently under the overall governance framework the Company has established a climate governance structure led by Market in Downstream Risks market for green transportation value chain Medium to long- l e a d i n g t o r e s e a r c h a n d
the Board of Directors centered around the Environmental Institute and coordinated by various departments. The Board of demand infrastructure due to term reduced revenue development to g l o b a l w a r m i n g a n d and profits enhance market
Directors as the decision-making core is responsible for the strategies and long-term goals related to climate change response; i n t e n s i fi e d i n d u s t r y competitiveness
the Environmental Institute handles the formulation of strategic plans the development and coordination of low-carbon business competition
and the research and development of green technologies; other functional departments and business units play their respective
roles in implementing risk control green technology and qualification management.Oppor- Oppor- Value Chain Likelihood Impact
Strategy to address climate change tunity Type tunities Description Stage of Occurr- Duration Financial Impact Realization Strategyence
With the growing global
The Company employs a comprehensive risk management framework to systematically identify and assess climate risks and focus on climate change
opportunities across the upstream midstream and downstream of the value chain ensuring effective responses to potential there is a s ignificant Increase invest-
environmental impacts. Based on a thorough risk assessment the Company considers the needs of key stakeholders such as i n c r e a s e i n m a r k e t Expansion d e m a n d f o r s e r v i c e s ment in technolo-
customers employees and suppliers responds to long-term strategic objectives formulates and implements climate risk Market oppor- into new such as green transpor- Downstream
Medium- Increase in reve-
High to long- nue sources and gy innovation and
management strategies and collaborates to promote JSTI towards a greener and more sustainable development path. tunity business tation new energy and value chain term market share R&D and conduct areas environmental consult- regular training for
In addressing different segments of the value chain the Company focuses on analyzing representative climate risks and opportuni- ing providing the Com- employees
ties estimates their potential financial impacts and plans response measures to ensure efficient resource utilization. pany with opportunities to expand into new busi-
ness areas
Financial institutions are
enhancing support for Thoroughly under-
g r e e n p r o j e c t s i n stand the various
Financial Obtained
response to the national g r e e n fi n a n c i a l
green fin- g r e e n d e v e l o p m e n t Project Short-
Improved capital
oppor- strategy introducing a financing High to medium turnover rate and
products actively
ancial su- a p p l y f o r g r e e n tunity pport variety of green financial phase -term
reduced financ-
ing costs financial loans and p r o d u c t s m a k i n g i t issue green bonds
easier for the Company according to proj-
to obtain green financial ect needs
support
Notes: 1. Likelihood of occurrence: Low indicates a very small chance of risk/opportunity occurrence rarely seen in past experiences or within the
industry; medium suggests a moderate likelihood possibly occurring within a certain time frame with some historical cases but not frequently; high
indicates a significant likelihood often seen in business processes with several related historical cases.
2. Impact period: Short term implies a rapid and temporary impact usually not exceeding 1 year (including); medium term indicates a more sustained
impact usually significant within 1 to 5 years (including); long term reflects a profound and lasting impact typically extending beyond 5 years.
39 40JSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Impacts risks and opportunities management of addr
essing climate change
To manage the impacts risks and opportunities posed by climate change JSTI has established a comprehensive work mechanism
for climate risk identification assessment and response. This mechanism relies on standardized risk management processes and
aims to scientifically identify potential risks brought about by climate change accurately assess their impact on Company opera- In terms of green and low-carbon con- In terms of green and intelligence In terms of transportation and energy
tions and then develop and implement effective response strategies. This ensures robust development and sustainable operations sulting JSTI focuses on the green integration JSTI focuses on the integration the Company leverages
of the Company under the backdrop of climate change reduces the impacts of adverse factors such as extreme weather events on development needs of the transporta- application of digital and intelligent transportation resources to conduct tion industry conducts research on technologies in the green and low-car- research on multi-energy integration
operations and proactively seizes opportunities for green transformation driving the Company's shift towards green and low-car- planning policies and establishes a bon transportation field builds the and intelligent operation manage-
bon operations. comprehensive carbon emission "Green Transportation Cloud" system ment advancing the development of
accounting system and green devel- creating a leading green and low-car- " s o u r c e - n e t w o r k - l o a d - s t o r a g e
opment evaluation standards striving bon digital base for transportation in integration" in the transportation
Based on its business characteristics the Company comprehensively reviews aspects that may be
Risk identification to enhance the industry's manage- China integrating functions such as industry. Additionally the Company impacted by climate change such as the effects of local climate on project progress and quality ment level of "carbon peak and carbon monitoring pollution control develops efficient electric drive
and carbon emission risks associated with energy consumption. carbon neutrality". Additionally the and green travel to support industry products to assist in the electrification
Company actively promotes green management work. transformation of industry loading
and low-carbon products and tech- and unloading equipment contribut-
Comprehensively assess the probability of risks and their potential impact on strategy operations nologies providing comprehensive ing to the achievement of "carbon
Risk assessment and finance from multi-dimensional analysis of likelihood and impact using both qualitative and technical consulting services to indus- peak and carbon neutrality".quantitative methods. try management departments and
businesses.The Company improves its internal control systems based on the results of the risk assessment;
Strategy formulation develops specific plans for key climate risks; increases investment in green technology research and development; enhances project climate adaptability; establishes early warning and emergen- Greenhouse gas emission management
cy mechanisms and monitors climate risk indicators for rapid response to risks as they arise.JSTI has always closely monitored and actively managed its greenhouse gas emissions. From 2022 to 2024 the Company's total
greenhouse gas emissions showed a steady decline demonstrating significant emission reduction achievements. In 2024 the total
Implementation Continuously track the effectiveness of the response and dynamically adjust strategies based on
and monitoring greenhouse gas emissions were 3479.00 tons of CO2 equivalent compared to 3587.11 tons in 2023 and 3593.39 tons in 2022 climate and business changes to ensure that processes are effectively adapted. achieving a reduction for two consecutive years.In terms of direct greenhouse gas emissions (Scope 1) the data from 2022 to 2024 showed some fluctuations. In 2022 the Compa-
ny's direct emissions were 119.12 tons of CO2 equivalent which rose to 227.30 tons in 2023 and then decreased to 220.00 tons in
Continuous Regularly review the risk management process optimize measures based on feedback and enhance 2024. This indicates the Company's high level of attention to these fluctuations and the implementation of a series of effective
improvement response capabilities.measures. Regarding indirect greenhouse gas emissions (Scope 2) the emissions from 2022 to 2024 showed a good downward
trend. In 2024 the indirect emissions were 3259.00 tons of CO2 equivalent compared to 3359.81 tons in 2023 and 3474.27 tons in
2022 also achieving a reduction for two consecutive years.
Indices and targets of addressing climate change The efforts and results of JSTI in managing greenhouse gas emissions fully reflect the Company's firm determination and proactive
actions in addressing climate change and fulfilling social responsibilities. In the future the Company will continue to consolidate
its achievements continuously explore innovative emission reduction pathways and contribute more significantly to the sustain-
In alignment with the strategic deployment of "carbon peak and carbon neutrality" and in response to the national call for able development of the industry and society.addressing climate change and promoting green and low-carbon development JSTI has set specific and targeted indices and
goals vigorously pushing forward their implementation. According to the 2025?2027 Strategic Plan prepared by JSTI's Environ- To enrich the pathways for carbon emission reduction and align with national carbon neutrality goals JSTI actively carries out
mental Institute the Company positions itself as a pioneer in climate adaptation and low-carbon development. It focuses on projects related to carbon emission management and low-carbon technologies. Relying on the "Green and Low-Carbon Technolo-
integrating transportation and energy as well as green and intelligence in green and low-carbon businesses enhancing the digital gy R&D Center of Transportation Industry of Guangdong Province" the Company advances major fundamental and common
capabilities of consulting services exploring digital enforcement businesses and creating a comprehensive solution brand for research in the field of green and low-carbon transportation promotes the transformation and industrialization of scientific and
light storage and charging services. The Company aims to expand into new arenas such as pollution reduction and carbon mitiga- technological achievements and plays a leading and exemplary role in the green and low-carbon transformation of transportation
tion products and electric drive businesses striving to become a leading one-stop provider of green and low-carbon solutions in in Guangdong Province.China significantly enhancing the industry's overall energy-saving and carbon-reduction levels and supporting efforts to address
climate change.
41 42JSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Supporting industry's low-carbon transition Intelligent carbon emission measurement
Green technology Currently the task of road infrastructure construction in China remains significant with the energy consumption and carbon emissions it generates attracting increasing attention. As a key player in the transportation sector JSTI contributes to reducing
carbon emissions from pavement construction through innovative technologies and in-depth research.JSTI is dedicated to driving the low-carbon transformation of the industry and playing a leading role in the application of green and The Company has successfully developed a carbon emission prediction system for pavement construction processes based on
low-carbon technologies. To thoroughly implement the specific deployment of Guangdong Province Committee's "1310" plan and intelligent monitoring. This system integrates advanced data collection analysis and evaluation technologies allowing for
promote the green and low-carbon transformation of transportation in Guangdong JSTI in collaboration with the Transportation real-time monitoring and collection of energy consumption data during pavement construction. This enables precise calculation of
Planning and Research Center of Guangdong Province and Jiangsu Energy Tech Development Co. Ltd. has applied to establish the carbon emissions facilitating real-time adjustments to construction plans helping construction companies accurately control
"Green and Low-Carbon Technology R&D Center of Transportation Industry of Guangdong Province". Relying on the " Pavement carbon emissions and mitigating environmental impact.Lifecycle Carbon Emission Calculation Platform " independently developed by JSTI's two national-level research platforms the
"Green Transportation Cloud Platform" and "Efficient Electric Drive Laboratory" independently developed by Energy Tech and An Environmental Product Declaration (EPD) is a crucial measure for sustainable development and environmental protection in the
other green and low-carbon research achievements the Center aims to create the industry's most influential platform for green road industry providing a solid decision-making basis for the green transformation of the transportation sector. During the report-
and low-carbon results transformation focusing on green and low-carbon technology systems and monitoring assessments ing period the Company actively carried out the EPD System Research and Software Development for Typical Pavement Products.recycling of construction and maintenance materials and the R&D of new low-carbon energy-saving technologies and equipment Starting in June 2024 the Company delved into the necessity of developing an EPD system for pavement infrastructure construc-
in transportation. It is committed to become a think tank for the green and low-carbon development of Guangdong Province's tion within the domestic transportation industry. It also researched and detailed regulations for the lifecycle stages and informa-
transportation industry supporting government agencies and transportation enterprises in strengthening their green and low-car- tion module division of asphalt mix products the usage rules of EPDs for asphalt mix carbon footprints and the distribution of
bon transformation. carbon footprints and allocation principles. Preliminary work included compiling product category rules for carbon footprints and
EPD examples for asphalt mixes providing important references for the industry. Furthermore based on the pavement lifecycle
During the reporting period the Company successfully participated in significant projects such as the Jiangsu "Zero-Carbon Port" carbon emission calculation software EEES 2.0 and combined with research on carbon emission calculations of typical pavement
pilot and the study of key pathways for carbon peak and carbon neutrality in transportation. In practice the Company has continu- materials and the EPD system the project is developing an EPD software platform for pavement materials. This platform can
ally deepened the R&D and application of green and low-carbon technologies building a comprehensive service system that automatically generate EPD reports according to different PCR (Product Category Rules) requirements promoting the widespread
includes green and low-carbon consultation data services and traffic pollution reduction products providing the industry with application of EPDs in the industry.customized high-efficiency green and low-carbon solutions. In cutting-edge areas such as digital law enforcement and integrated
innovation of PV storage and charging JSTI demonstrates strong technical strength and innovation capability leading industry JSTI's advanced research achievements in intelligent carbon emission measurement not only showcase its outstanding capabili-
trends and fully showcasing its responsibility and significant contributions in the ESG field. In the future the Company will continue ties in green construction technology but also provide a referenceable model and technical support for the industry's low-carbon
to increase its investment in green and low-carbon technology R&D actively supporting the industry's low-carbon transition and transition leading the industry towards a new era of green development.contributing to the low-carbon development of the sector.Additionally JSTI has participated in establishing the Green and Low-Carbon Technology Center for the Guanyun to Muyang
section of Lianyungang-Suqian Expressway which covers green and low-carbon environmental protection soil conservation and
quality engineering. It represents a breakthrough in the environmental domain's green and low-carbon and quality engineering
business providing valuable experience accumulation and technical foundation for future similar project expansions and develop-
ments.
2024 Pan-Yangtze River Delta Highway Development Forum
and Academic Annual Conference of Jiangxi Highway and Transportation Society
Pavement Lifecycle Carbon Emission User coverage area of Pavement Lifecycle
Calculation Platform (EEES 2.0) interface Carbon Emission Calculation Platform (EEES 2.0)
43 44JSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Low-carbon communication Additionally the Company actively conducts comprehensive environmental capability training and awareness enhancement for all employees including training on environmental management regulations and carbon knowledge to ensure that staff possess the
necessary environmental knowledge and skills.In the process of driving the green transformation of the industry JSTI actively participates in various cutting-edge exchange
activities continually serving as a significant leader and active practitioner of green development. During the reporting period the Company conducted 1 environmental training session with a total partici-
During the "16th International Transportation Technology and Equipment Exhibition and Global Sustainable Transportation pation of 3355 person-times and the average total duration of participation in environmental train-
Summit (2024)" JSTI focused on the core themes of "green low-carbon economic efficient safe and resilient" presented a series
of results and cutting-edge products bringing new ideas and solutions for the safe operation and maintenance of the industry. In ing was 2 hours per person.the achievement release segment of the low-carbon sustainable transportation evaluation service platform JSTI successfully
signed cooperation agreements with multiple parties deeply engaging in policy and standard research and mutual recognition of
evaluation projects effectively enhancing the international influence of sustainable transportation evaluations. Management of environmental impacts risks and
At the "2024 National Conference on the Integration of Transportation Energy and Technology Innovation" and the "National opportunities
Transportation and Energy Integration Industry-Academia-Research Alliance Member Conference" the green transportation
database and carbon emission monitoring innovations showcased by Energy Tech a subsidiary of JSTI became a robust support
for the green and low-carbon transformation of transportation infrastructure. Emergency plans and drills
JSTI has established an emergency plan management process and developed regulatory documents such as Regulations on Early
W a r n i n g a n d E m e r g e n c y R e s p o n s e M a n a g e m e n t o f M a j o r R i s k s a n d E m e r g e n c i e s tailored to the actual environmental risks. Regu-
lar professional training and emergency drills are conducted to ensure that emergency responses can be quickly activated and
operated in the event of sudden environmental incidents thereby improving the emergency response capabilities for crisis
situations.Environmental factor management
To effectively enhance the Company's environmental management level and advance the governance of environmental risks JSTI
The 16th International Transportation Technology 2024 National Conference on the Integration has developed the I d e n t i fi c a t i o n a n d E v a l u a t i o n C o n t r o l P r o c e d u r e f o r E n v i r o n m e n t a l F a c t o r s . This systematic approach identifies
and Equipment Exhibition and Global of Transportation Energy
Sustainable Transportation Summit (2024) and Technology Innovation evaluates and manages various factors in the Company's activities products and services that could impact the environment. The
procedure encompasses eight major categories including emissions to atmosphere emissions to water emissions to land waste
and by-products energy releases impacts on the community use of raw materials and natural resources and other localized
Improving System Management environmental issues. It thoroughly considers environmental impacts under normal abnormal and emergency conditions as well as past present and future temporal states.Controlling Environmental Risk Based on a comprehensive identification and evaluation process of environmental factors JSTI compiles and regularly updates the L i s t o f E n v i r o n m e n t a l F a c t o r s a n d L i s t o f S i g n i fi c a n t E n v i r o n m e n t a l F a c t o r s according to its actual conditions. During the rep-
orting period significant environmental factors identified by the Company included but were not limited to the disposal of toner
Improving environmental management system cartridges and ink cartridges in office areas battery disposal vehicle exhaust emissions medical waste disposal and Freon leaks from air conditioning use. These factors could significantly impact air quality water quality soil and waste management. The
Company has implemented corresponding operational control measures to ensure these significant environmental factors are
JSTI strictly adheres to the E n v i r o n m e n t a l P r o t e c t i o n L a w o f t h e P e o p l e ' s R e p u b l i c o f C h i n a and effectively managed.other relevant laws and regulations and upholds the environmental policy of "green safety". Additionally the Company has set specific quantifiable environmental goals such as reducing resource consumption and
Tailoring to its practical needs the Company has formulated standard documents for environ- decreasing waste generation and closely monitors the achievement of these goals. According to the Completion of 2024 Quality
mental management systems such as the Identification and Evaluation Control Procedure for E n v i r o n m e n t a l a n d O c c u p a t i o n a l H e a l t h a n d S a f e t y G o a l s the Company has achieved significant results in environmental manage-
E n v i r o n m e n t a l F a c t o r s and continuously improves its internal environmental management ment with all set environmental goals being met or exceeded: In 2024 there were no environmental pollution incidents no social
system. It integrates environmental management with company operations strictly safe- environmental complaints no general or above equipment incidents caused by company responsibility no mechanical equipment
guards ecological and environmental safety and actively fulfills its environmental protection incidents no fire incidents caused by company responsibility no liability traffic accidents causing losses of CNY30000 or more no
responsibilities. During the reporting period the Company has been certified under the ISO severe injuries or fatalities and no light injuries caused by company responsibility the incidence rate of occupational diseases
14001 Environmental Management System and regularly undergoes review audits to ensure throughout the year was 0 and the annual energy consumption reduction target of 3.02% was achieved effectively reducing the
the certification remains valid within its scope. negative impact of the Company's operations on the environment.
45 46JSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Environmental impact assessment (EIA) and acceptance Management of waste gas wastewater and waste
JSTI rigorously adheres to national and local environmental protection regulations and policies when conducting projects that JSTI strictly adheres to laws and regulations such as the Water Pollution Prevention and Control Law of the People's Republic of
impact the public environment. The Company organizes a professional team to conduct in-depth analyses carefully carries out China and Law on Solid Waste Pollution Prevention of the People's Republic of China as well as national and industry standards
environmental impact assessment (EIA) strictly follows EIA processes for acceptance and issues professional and objective EIA like the Standard for Pollution Control on the Non-hazardous Industrial Solid Waste Storage and Landfill (GB18599-2020). The
reports actively fulfilling its social and environmental responsibilities through concrete actions. Company also follows other relevant local regulations and standards in environmental management. JSTI strictly controls the
generation and discharge of pollutants and waste during production and operation reducing the environmental impact of its
products. During the reporting period the Company did not incur any penalties from competent authorities for violations of
8 12 environmental management laws and regulations and there were no significant deficiencies in its environmental monitoring plans During the reporting period the Company completed EIA projects undertook new EIA projects
or risk management measures.completed 8environmental protection acceptance projects and accepted 9 new environmental protec- As a company primarily engaged in engineering consulting JSTI is not listed as a key pollutant discharge enterprise by the environ-
tion acceptance tasks. mental authorities. In terms of waste water and waste gas management the Company adheres to high-standard emission manage-
ment implementing a comprehensive monitoring mechanism to ensure that all emissions are treated and meet standards before
discharging. Regarding waste management the Company has contracts with third-party companies for household waste disposal
Effectiveness evaluation and project review and acceptance of Fucheng Water System Comprehensive and other waste transportation ensuring all waste is disposed of safely and harmlessly. During the reporting period the waste
Improvement (including black and odorous water treatment) PPP Project discharge compliance rate (wastewater waste gas and solid waste) in the Company's laboratory reached 100%.In 2024 JSTI completed the effectiveness evaluation and engineering review accep-
tance for the Fucheng Water System Comprehensive Improvement (including black
and odorous water treatment) PPP Project.Enhancing Resource Efficiency
Within six months the project team completed 168 km of pipeline inspection 100
km of river channel mapping and organized all design documents construction
documents supervisory documents and government materials. Promoting Green Development
Environmental technology consultation and acceptance work Resource Management
In 2024 JSTI completed the whole-process environmental protection technology consultation and acceptance work for the JSTI strictly follows laws and regulations such as the E n e r g y C o n s e r v a t i o n L a w o f t h e P e o p l e ' s R e p u b l i c o f C h i n a and refers to energy
Yangzhou section of Nanjing to Yizheng Line (including the extension to Yangzhou) urban (suburban) railway Phase I project management system standards like ISO 50001 to continually improve its internal energy management mechanisms. During the report-
(excluding the river-crossing section). This project is a full-process environmental protection consulting project for urban ing period the Company set detailed goals in four dimensions based on its actual conditions: energy consumption water use pollutant
rail transit engineering with services covering construction phase environmental consulting monitoring and operational emissions and environmental education and training. It has clearly defined the responsibilities of relevant departments and actively
phase engineering environmental protection acceptance. implements energy conservation and emission reduction in its daily operations continuously enhancing energy production and utiliza-
tion efficiency.Environmental management objective
Objective Type Specific Objective for 2024 Achievement
JSTI consistently prioritizes environmental management as a strategic focus. The Company has set objectives such as zero
environmental pollution incidents a 100% timely handling rate for social environmental complaints and a 3% reduction in energy
conservation and consumption reduction compared to the same period. Based on documents like the 2024 Quality Environment
O c c u p a t i o n a l H e a l t h a n d S a f e t y G o a l s a series of detailed measures have been implemented such as strengthening internal man- Energy consumption objective Reduce energy consumption by 3% compared to the same period Met
agement promoting green technology innovation and enhancing management of garbage classification and sewage discharge to
practically implement the concept of green development.Water consumption objective Reduce water consumption by 3% compared to the same period Exceeded
Objective Type Strategic Plan Current Progress
Vigorously develop the development and integration
Expand new tracks for green of new energy products for optical storage Established a new subsidiary s Pollutant emission standard Comply with national laws and regulations Met
and low-carbon business and charging and energy custody business; pecializing in new energy
open up a new track for electric drive business
Promote the green transformation Advance the digitalization of consulting services Environmental education
of traditional environmental integrating transportation energy Continuous progress Conduct at least one education and training session Met
monitoring and consulting services and fostering intelligent green integration and training objective
47 48JSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Water resources and energy management
JSTI deeply integrates the concept of "green low-carbon energy conservation and emission reduction" into its strategic planning
and business operations. The Company continues to invest in its green and low-carbon business direction achieving significant
accomplishments. Energy Tech a subsidiary of JSTI serves as a leading force in promoting high-quality development of green
transportation and is committed to promoting carbon reduction development in the transportation industry focusing on three
main business lines including green and low-carbon consulting green and intelligence integration and transportation and energy
integration. Electric vehicle charging pile Post "Power saving tips" Trash can placement place
Energy Tech has been awarded the "Grade A Engineering Consulting Firm Credit Certificate" marking another significant break-
through in creating a "one-stop" service for the entire green transportation industry chain. Additionally in response to the national
policy goals of "carbon peak and carbon neutrality" Energy Tech actively explores new energy business directions. It currently has
extensive experience with multiple transportation energy integration research projects nearly a decade of research and develop-
ment in electric drive and new energy storage systems and implementation of multiple PV and charging pile projects. Material Management to Promote
Circular Development
Energy Energy consumption 2024
JSTI strictly follows regulations such as the C i r c u l a r E c o n o m y P r o m o t i o n L a w o f t h e P e o p l e ' s R e p u b l i c o f C h i n a and builds a mate-
Energy utilization42589m3 Direct energy consumption119Tons of standard coal rial lifecycle management system around core businesses like transportation engineering and design consultation. Guided by
Petrol40Tonnnes Indirect energy consumption702Tons of standard coal regulations the Company has improved its material management system implementing standardized management in procure-
Comprehensive energy consumption821Tons of standard coal
2 ment storage and disposal of engineering equipment construction materials consumables office supplies and other items Fuel oil Tonnnes Total energy consumption per million of revenue0.17Tons of standard coal/CNY promoting the upgrade of material management to green and efficient practices. In the storage process the Company utilizes
Purchased Electricity6549930kWh Scope 1 greenhouse gas emissions220Tons of carbon dioxide equivalent digital systems to dynamically monitor inventory improving management efficiency through scientific layout. During transporta-
Use of water resource Scope 2 greenhouse gas emissions3259Tons of carbon dioxide equivalent tion a standardized approach is adopted to reduce material loss risks. In terms of recycling the Company actively promotes the
Total greenhouse gas emissions (Scope 1 + Scope 2)3479Tons of carbon dioxide equivalent maintenance and reuse of engineering equipment and components to release the potential value of materials. JSTI uses regula-
Water consumption74200Tonnnes Total greenhouse gas emissions per million of revenue (Scope 1 + Scope 2) tions as a benchmark integrates innovation-driven strategies continuously optimizes material management models enhances
0.74Tons of CO2 equivalent/CNY recycling efficiency and provides compliant green practice support for the sustainable development of the transportation indus-
try.Green office operation Protecting Ecological Diversity
JSTI actively practices the concept of green office operations integrating energy and resource conservation into daily operational
management. The Company has implemented targeted control measures in multiple office locations to strive for a low-carbon
environmentally friendly work environment. Building a Beautiful Home Together
In daily operations JSTI customizes electricity and water conservation controls based on the specific characteristics of different JSTI adheres to various laws and regulations such as the Environmental Protection Law of the People's Republic of China Regul-
office areas. For instance the Company has fully upgraded traditional fluorescent tubes to energy-efficient LED lighting and has a t i o n s o f t h e P e o p l e ' s R e p u b l i c o f C h i n a o n N a t u r e R e s e r v e s and international conventions like the Convention on Biological Diver-
implemented refined management of the office lighting system adjusting controls precisely based on area and time variations. Air sity maintaining a high level of consciousness and responsibility in ecological and biodiversity protection. From project design and
conditioning systems are strictly regulated with set conditions and temperature standards and energy-saving solutions for air planning to specific implementation the Company adheres to the principles of respecting nature protecting the ecological
conditioning in executive areas are actively explored. For laboratory testing equipment independent electric meters are installed environment and biodiversity. Efforts are made to minimize disturbance and damage to the surrounding natural environment and
and electricity usage limits are clearly defined. A dedicated team is arranged to regularly inspect public facilities for potential water ongoing monitoring and evaluation of the ecological environment around projects are conducted to quickly detect and respond to
leaks and conduct continuous nighttime monitoring and analysis of water usage in the campus ensuring timely detection and any potential environmental issues ensuring the sustainable development and environmental friendliness of projects.resolution of any water leakage issues.During the reporting period the Company's operations were mainly concentrated in urban construction areas and along transpor-
In terms of energy substitution the Company actively installs electric vehicle charging stations encouraging employees to adopt tation infrastructure with no production bases or operational sites located in nature reserves ecological conservation habitats
green travel methods. Additionally by installing PV systems and solar water heaters the Company is gradually replacing tradition- sensitive ecosystem areas or ecologically fragile regions. There have been no significant impacts on ecosystems or biodiversity
al energy sources. During the reporting period the Company's PV power generation reached 354183.6 kWh equivalent to reducing identified in the Company's production operations products or services.
290.78Note tons of carbon dioxide emissions which showcases the Company's significant achievements in energy conservation and
emission reduction. In the future JSTI will take further proactive measures to strengthen the protection of ecological environments and biodiversity
Note: The data is the simple calculation result of the company based on the underlying data of two emission sources: fixed and mobile sources. laying a solid foundation for the Company's long-term sustainable development and contributing to the grand vision of a beautiful
It does not include data from industrial processes or fugitive emissions. China.
49 50Industry Value
Responding to SDGsJSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Building a Responsible Supply Chain Risks
Type Description Likelihood Impact
Fortifying the Supply Base of Occurrence Duration
Financial Impact Response Strategy
Direct purchasing or sourc-
ing without proper compari-
In the wave of sustainable supply chain management trends both domestically and internationally JSTI consistently maintains son may lead to unreason- Financial cost increase:
sharp insights continuously identifies sustainability issues within the supply chain and focuses on key areas such as corporate able prices inappropriate Improper purchasing met-
supplier selection and diffi- hods can lead to increased social responsibility labor rights and the low-carbon economy. The Company has established and perfected supply chain lifecycle
c u l t q u a l i t y a s s u r a n c e purchasing costs and qua- Flexibly choose purchasing management comprehensively promoting the sustainable development of the supply chain. Procure- affecting company benefits Short- lity costs compressing methods establish pricing
ment and operational efficiency; Low to profit margins; mechanisms and adjust pur-
Supply chain governance Risks Unreasonable bidding sett- medium- Financial robustness imp- chasing prices in a timely ings may lead to non-trans- term airment: Unreasonable bi- manner to maximize procure-
parent procurement incre- dding settings may increa- ment benefits
se legal litigation and fine
JSTI strictly follows the Law of the People's Re- Operations Center Responsible for the overall organization management and asing legal risks and pro- risks weakening financial
public of China on Bid Invitation and Bidding execution of asset procurement. curement costs and making it difficult to filter high-qual- robustness
to create a scientifically standardized supplier Asset Management Department Manages and reviews specific asset procurement issues ity suppliers.management system. The Company has
established a series of internal regulations Demand Raises procurement demands participates in the procure-Department ment process and evaluates suppliers Formulate plans according to
such as Asset Procurement Management Reg-
Participates in the procurement payment process and Unreasonable planning in Increase procurement and a n n u a l p l a n s b u s i n e s s ulations and Business Outsourcing Manage- Finance Center audits and manages procurement funds service and outsourcing procurement and inaccu- Short- operation costs leading
outsourcing and scope review
m e n t R e g u l a t i o n s to strictly control supplier and approve according to the Risk Control and Ensures the compliance and risk control of procurement Market
access from the source. The Company regular- rate market forecasts can
to to resource wastage adv- stipulated authority and pro-
Legal Department Lowactivities Risks lead to increased procure- medium- ersely affecting company
ly conducts supplier qualification assessments Responsible for the full process management of procurement ment and operational costs term finances and reducing
cedures; submit major busi-
Business unit profit potential ness outsourcing plans for and audits to ensure that partners consistent- application public announcement and budget review and resource wastage approval by the Board of
ly maintain high standards. Directors or a similar authority
Opportunities
Supply chain strategy Type Description Likelihood Impact of Occurrence Duration Financial Impact Realization Strategy
The Company has thoroughly reviewed the internal control matrix of the supply chain focusing on risk and opportunity factors Keep an eye on market dynamics Procure- Reduce procurement combine company procurement
and has developed the +G u i d e l i n e s o n A p p l i c a t i o n o f I n t e r n a l C o n t r o l to systematically assess potential risks and opportunities in ment Establish a flexible pricing costs enhance pro- needs use flexible pricing mecha-
the supply chain. efficien- mechanism and introduce Medium- duction efficiency nisms to adjust purchasing prices in
cy imp- digital platforms and intelli- to and increase profits; a timely manner;
Risks rovem- gent systems to shorten the Medium long- Expand business un- Review existing procurement pro-
Likelihood Impact ent op- p r o c u r e m e n t c y c l e a n d term
dertake R&D attract cesses identify cumbersome steps
Type Description of Occurrence Duration Financial Impact Response Strategy portun- quickly respond to demands
investments and str- use digital means to simplify pro-
ity engthen financial re- cesses and shorten the procure-
silience ment cycle
Production efficiency dec-
The absence of an effec- rease: Delays in delivery Establish a scientific supplier Establish a scientific supplier evalua-
tive assessment and affect production sched- evaluation and access syste- Reduce procurement tion and access system periodically
access system may lead ules and efficiency incre- Build a scientific supplier m; sign quality assurance agr- evaluation and access sys- costs speed up inve- review system implementation
Operati- to the selection of unsuit- Short- to asing production costs or eements; Supply tem set up an information ntory turnover and adjust evaluation standards accord-
onal able suppliers causing Low medium delaying delivery times; build a supplier manage- chain issues with material qu- Capital occupation: Add- optimi- system select high-quality
improve financial ing to market changes and company
ment information system for Long- conditions; needs and filter high-quality suppli-Risks ality pricing delivery -term itional financial input may real-time management of zation
low-cost suppliers and co- High
llaborate with suppliers for term Expand market sha- ers;and impacting produc- be required occupying the supplier quality and timely oppor- optimization reducing pro- re achieve revenue Promote the Company's comprehen-tion and business oper- Company's working cap- delivery tunity curement costs and enhanc- growth and lever- sive supplier management process to ations ital and affecting capital
ing production efficiency age scale effects to potential high-quality suppliers turnover rate enhance profits attract their cooperation and expand
the supply chain
53 54JSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Supply chain impact risk and opportunity management Strengthening supply chain management
Risk and opportunity management standards Full lifecycle management
JSTI has developed standardized contract standards and implemented multiple measures to ensure supply chain security and risk JSTI places high importance on supplier management having established a stringent full lifecycle management system and
controllability enhancing the overall competitiveness and resilience of the supply chain. drafted a S u p p l i e r O n b o a r d i n g C o m m i t m e n t to ensure the long-term stability and efficiency of the supply chain.Supply chain security Risk management Opportunity management
Establish contract standards to Supplier onboarding Supplier classification Supplier selection
strengthen requirements for sup-
pliers in environmental responsi- Identify and analyze potential Optimize the supply chain struc- Conduct qualifications review and Manage suppliers by differentiating
bility business ethics labor man- market and procurement risks ture establish long-term coopera- Fully leverage the advantages of
agement and health and safety and achieve effective risk monitor- tive relationships with high-quali-
testing for potential suppliers com- based on their qualifications assess-
ing through enhanced internal ty suppliers and achieve resource bine factors such as the importance ment results etc. select outstanding
outsourcing among qualified suppliers
effectively reducing the risk of or different categories of suppliers and
supply chain disruptions and controls and compliance manage- sharing and mutual benefits
of outsourcing strategy and sup- suppliers for high-end cooperation
ment ply-demand relationships filter qual- and sign strategic cooperation agree-
choose suitable suppliers for procure-
ensuring the stability and security ified suppliers and include them in ments ment cooperation
of the supply chain the qualified supplier database
Risk and opportunity management measures
Supplier assessment Daily management and optimization Supplier exit
JSTI actively integrates resources and optimizes management processes ensuring the stability and reliability of the supply chain
through strict partner selection and strengthened management mechanisms striving to build a sustainable supply chain The operations center regularly orga-nizes professionals to conduct Communicate and guide suppliers
dynamic assessments covering sup- based on assessment results for con-
Eliminate suppliers that do not meet
tinuous improvement maintain daily requirements or perform poorly pliers' performance in cooperation
product and delivery situations and cooperation relationships and opti-
according to mechanisms ensuring
Business outsourcing management Asset procurement Supplier management
business ethics mize cooperation outcomes
effective cooperation
Strictly standardize the entire pro-
cess from application to accep- Precisely control each link of the Ensure that all segments of the
tance evaluation to ensure busi- procurement process optimize supply chain adhere to ethical and
ness quality and efficiency reduce resource allocation and improve l e g a l s t a n d a r d s a n d u p h o l d
risks and achieve stable economic asset utilization efficiency employee rights and social welfare
development Digital management
JSTI focuses on optimizing procurement processes and cost control independently developing a supplier collaboration system
platform oriented to meet actual business needs comprehensively innovating the procurement model.Supply chain indices and goals
JSTI is committed to setting clear indices and goals to promote transparency standardization and continuous improvement of
the supply chain responsibility chain aiming to build a more resilient and sustainable supply chain ecosystem that creates shared Enhance procurement efficiency Strengthen supply chain Promote cost reduction efficiency and transparency collaboration capability increase and sustainable development
value for all stakeholders.Provide suppliers with a customized
Optimize the efficiency and Regulatory compliance: Strictly execute according to national laws Simplify procurement processes o p e r a t i o n i n t e r f a c e p r o m o t e
effectiveness of the supply and regulations and company management regulations through electronic means shorten real-time information sharing and Innovate procurement models chain ensure the timeliness the approval cycle and achieve seamless communication enhance broaden procurement channels and
Objectives and quality of supply enhance Efficiency improvement: Shorten the procurement cycleIndex t r a n s p a r e n c y a n d t r a c e a b i l i t y Timely delivery: 100% on-time delivery rate the collaborative office capabilities
help the company achieve effective
the visibility and transparency throughout the procurement process between JSTI and suppliers and cost control
o f t h e s u p p l y c h a i n a n d Quality compliance: 100% batch qualification rate and total optimize supply chain management
achieve a competitive advan- qualification rate
tage for the Company Prompt after-sales service: 100% timely response rate
55 56JSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Green procurement Innovation Driving Forward
JSTI actively promotes environmentally friendly green procurement and places high importance on collaborative development
with suppliers always prioritizing environmental protection and low carbon footprint. Additionally the Company is an industry Starting a New Chapter
pioneer in achieving electronic certification and electronic contract signing over third-party platforms fully realizing paperless JSTI leverages its profound professional expertise and outstanding innovative capabilities to maintain a leading position. The
office practices improving work efficiency while reducing manpower costs for both parties and achieving a win-win situation for Company always operates in accordance with the L a w o f t h e People's Republic of China on Scientific and Technological Progress
cooperation. and other relevant laws and regulations continuously introduces international cutting-edge technologies and advanced manage-
ment concepts and constantly explores its potential establishing a comprehensive innovation and R&D system and continually
Transparent procurement achieving breakthroughs in technology and management.JSTI adheres to the concept of transparent procurement always maintains high standards and strict requirements in coopera- Innovation and R&D governance
tion with suppliers actively signs integrity agreements and strictly prohibits any form of bribery ensuring the fairness and trans-
parency of procurement activities and together building an honest upright and clean business cooperation atmosphere achiev- Innovation R&D system
ing mutual win and sustainable development.JSTI considers technological innovation and the accumulation of technological expertise as key links in innovation-driven develop-
Training ment. By focusing deeply on innovation environment innovation activities and innovation effectiveness the Company has built a
complete "full lifecycle technology innovation management system" thoroughly establishing JSTI's leading technology reputa-
JSTI deeply recognizes the importance of building a responsible supply chain in supply chain management. By clarifying the tion. The Company consistently aligns with market demands and industrialization trends and organizes internal efforts to actively
responsibilities at each link it improves the overall efficiency and reliability of the supply chain. Meanwhile the Company actively declare R&D projects ensuring that R&D activities closely match market realities and enhance the transformation rate and applica-
conducts training for employees and suppliers around supply chain fundamentals responsible supply chain awareness risk man- tion value of R&D outcomes. Moreover the Company adheres to the concept of open cooperation to drive technological innova-
agement and response strategies policies and regulations collaboration and communication and technology and digital trans- tion establishing long-term stable cooperative relationships with universities such as Southeast University Tongji University and
formation. Chongqing Jiaotong University. It also attracts high-end talent resources through platforms such as post-doctoral stations acade-
mician stations and graduate student stations. Through comprehensive multi-level collaborative efforts JSTI firmly solidifies its
technological advantages to achieve long-term sustainable development goals.Promoting sustainable development of supply chain JSTI has issued I n t e r n a l R & D M a n a g e m e n t R e g u l a t i o n s a n d S c i e n t i fi c R e s e a r c h M a n a g e m e n t R e g u l a t i o n s fully standardizing the
various aspects of R&D management. These regulations clarify key processes such as project initiation process control and results
JSTI consistently places high importance on supplier ESG management fully promoting the integrity and green development of verification to continuously enhance the standardization and regulation level of R&D activities. During the internal R&D project
the supply chain. The Company vigorously strengthens exchanges and cooperation with suppliers in corporate social responsibil- advancement the Company focuses on emerging technologies and cutting-edge products and organizes projects with solid
ity and low-carbon transformation and requires all shortlisted suppliers to sign the S u p p l i e r O n b o a r d i n g C o m m it m e n t p r e l i m in a r y R & D f o u n d a t i o n s n e c e s s a r y i m p l e m e n t a t i o n a n d t e c h n i c a l f e a s i b i l i t y f o r d e c l a r a t i o n . T h e p r o ject acceptance stage a
to clarify their anti-corruption commitment. During the reporting period the Company achieved a 100% integrity signing rate critical checkpoint for R&D outcomes focuses on iconic results and their practical application effects primarily assessing whether
among suppliers. Simultaneously in the supplier selection process the Company rigorously reviews the suppliers' quality man- substantial results transformation has been completed and whether there is the capability to scale up the target business or
agement systems environmental management systems and occupational health and safety management system certifications product for mass production and promotion. Additionally the Company encourages close cooperation between business acade-
ensuring suppliers operate legally and fulfill their social responsibilities effectively. mies and business units to enhance the organization and integration of declarations improving the efficiency and quality of the
submission process.JSTI actively promotes the building of innovation management capabilities. After systematic training five employees have joined
and passed the Innovation Manager exam and obtained professional certifications injecting professional strength into the
Total number of suppliers4839 East China2466 North China860 Central China568 Company's innovation management and intellectual property management efforts.Northeast China340 Northwest China323 Southwest China249 South China33
R&D investment (CNY10000)28961.28
Number of suppliers with Quality Management System Certification183
R&D investment as a proportion of operating income6.12%
Number of suppliers with Environmental Management System Certification39
R&D personnel (person)1441
Number of suppliers with Occupational Health and Safety Management System Certification37
Proportion of R&D personnel18.35%
Proportion of localized procurement78.12%
57 58JSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Innovation incentive mechanism Opportunities
Type Description Likelihood Impact of Occurrence Duration Financial Impact Realization Strategy
The Company is committed to creating an innovative ecosystem harnessing the innovative power of its employees and establish-
ing a well-defined system of innovation reward policies. This system includes multi-dimensional incentive measures: offering
matching incentives for vertical research projects to encourage employees to engage in high-level research and enhance the
Company's level of academic frontier research; establishing special rewards for intellectual property output to promote the The Company actively Profit growth: Improved Based on indepen-p r o d u c t i o n e ffi c i e n c y dent innovation poli-
transformation of knowledge results; increasing investments in technology platforms to create a high-quality R&D hardware and responds to independent leads to increased output c i e s f o r m u l a t e a
technical environment; issuing reward policies for publishing academic papers and receiving awards to enhance the Company's i n n o v a t i o n p o l i c i e s significantly increases a n d r e d u c e d c o s t s d e t a i l e d p l a n f o r
academic influence; and establishing a Group Best Innovation Award to recognize outstanding teams and individuals in technolog- investment in technolog- expanding profit margins; technological invest-
ical innovation setting an example of innovation and laying a solid foundation for the Company's sustainable development path Increased ical upgrades and accel- Medium- Increased R&D invest- ment clearly define
in technological innovation. efficiency erates the upgrading of High to long- m e n t : P r o fi t g r o w t h technology upgrade
opportunity fixed assets and the elim- term allows for more funds to targets and equip-
i n a t i o n o f o u t d a t e d be invested in R&D aiding m e n t e l i m i n a t i o n
Implementation of innovation incentives equipment which will in the launch of new prod- t i m i n g s a n d
e n h a n c e p r o d u c t i o n ucts and technologies efficiently advance
Incentive type Implementation Reward amount efficiency and market further enhancing the the technological
competitiveness Company's profitability renewal and optimi-
International patent 1person-time CNY10000 and financial condition zation of fixed assets
Invention patent 149person-times CNY855200
Utility model patent 103person-times CNY196800
Design patent 3person-times CNY4800
Software copyright 69person-times CNY108000 Risk and opportunity management in
Monograph 12person-times CNY40000 innovation-driven development
Paper 80person-times CNY133200
JSTI prudently identifies potential operational risks and assesses the impact of various uncertainties on production marketing
Project award incentive 42 items CNY710285 finance etc. For this purpose the Company has built a tight monitoring system to track key factors such as policy technology and
operational efficiency. Based on regular assessments and industry trend tracking the Company timely captures risk signals and
develops corresponding strategies. Simultaneously the Company keenly observes industry trends accurately captures develop-
Innovation-driven development strategy ment opportunities and adapts to policy-driven innovation changes. After assessing the feasibility of opportunities the Company formulates systematic advancement plans to ensure that these opportunities are transformed into developmental momentum and
economic benefits.Risks
Likelihood Indices and goals for innovation-driven development Type Description Impact of Occurrence Duration Financial Impact Response Strategy
During the reporting period based on precise insights into industry trends and a deep understanding of its own development
If the Company fails to needs the Company established highly forward-looking R&D planning and goals. It clarified the research focus and expected
leverage independent R e d u c e d p r o fi t s : outcomes at each stage providing a clear path for the continuous enhancement of the Company's scientific research capabilities
innovation policies to Decreased production A l i g n w i t h d e v e l o p m e n t and supporting the Company's continuous reach to new heights on the path of technological innovation.increase investment in efficiency and increased
production and mainte- strategies and independent technological transfor-
Asset m a t i o n a n d f a i l s t o nance costs reduce profit
i n n o v a t i o n p o l i c i e s t o
i n c r e a s e t e c h n o l o g i c a l
Manag- achieve technological Short- to margins;Limited R&D investment: investment promote fixed
R&D platform construction
ement upgrades and elimina- Low medium- Reduced profits lead to asset technology upgrades tion of outdated equip-
Risks term insufficient funds for new a n d e l i m i n a t e o u t d a t e d JSTI firmly adheres to the concept of independent scientific and technological innovation and actively advances the construction ment it may result in
products and technolo- equipment to maintain tech- of research platforms. The Company has successfully applied for and established two national-level research platforms: the outdated fixed assets
gies affecting the Compa- nological advancement and technology affecting "National Engineering Research Center for New Road Materials" and the "National Key Laboratory for Safety Longevity and Healthy
production efficiency n y ' s p r o fi t a b i l i t y a n d
sustainable development
Operation of Long-distance Bridges". In addition it has built over 40 provincial and municipal research platforms broadly covering
and market competi- financial condition fields such as highways urban rail environment energy-saving and emission reduction water transport underground engineer-
tiveness ing and intelligent transportation. This forms a comprehensive multi-level research platform system that significantly promotes
the transformation and application of scientific and technological innovations.
59 60JSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
The Company holds qualifications as a high-tech enterprise with over 20 subsidiaries also recognized as high-tech enterprises.Moreover it owns one specialized refined differential and innovative "Little Giant" company and five specialized and SMEs. In
terms of talent development platforms in 2006 JSTI was approved by the Ministry of Human Resources and Social Security to For a long time JSTI has maintained close cooperation with Germany's HELLER Road Asset Management Engineering Con-
establish one of the first post-doctoral research stations at the provincial level. In 2009 it was listed by Jiangsu Provincial Depart- sulting Company in the field of scientific and technological R&D. Together they have jointly declared and carried out the
ment of Science and Technology and Jiangsu Association for Science and Technology as a construction unit for the "Jiangsu Pro- Jiangsu Provincial Department of Science and Technology's innovation support plan for the industrial technology R&D
vincial Enterprise Academician Workstation". cooperation project - "Research on Key Technologies and System Development for Road Full Lifecycle Maintenance Based
on Optimal Benefits" which has been successfully approved. The results of this project have been demonstrated on nearly
2500 kilometers of roads within and outside the province and were selected for the Typical Cases of Smart Highway Inno-
vation by 2023 China Transportation Association and the 2024 Four New Technologies of Jiangsu Road Engineering. In
practical application the results have significantly met the service level requirements of road surfaces providing strong
support for scientific road maintenance decisions and have great value and practical significance in promoting the inno-
vative management model of long-cycle maintenance.Independent R&D
Relying on a robust research platform the Company actively engages in national and provincial key scientific research testing
Facilitating industry development and product development tasks. As of the end of the reporting period it has participated in over 600 national and provincial research projects including three successful grants from the National Natural Science Foundation projects managed by the Min-
istry of Science and Technology. With its professional research capabilities the Company has won over 1000 awards in research
In the process of achieving its own stable development the Company remains committed to the overall progress of the industry. design and consulting outcomes. These achievements not only reflect the Company's deep accumulation in the field of techno-
It promotes the optimization of the industry ecosystem by hosting or participating in industry forums and seminars as well as logical innovation but also inject strong momentum into the Company's long-term development.engaging in standard-setting work. During the reporting period the Company actively participated in the compilation of various
standards achieving significant results with a total of 240 standards compiled among these the Company made notable contri- Efficient distributed drive integrated electric wheel technology for vehicles
butions in compiling national industry and local standards totaling 172 items which have standardized the development path
of the industry. Through organizing various industry exchange activities the Company effectively promoted communication and
collaboration between upstream and downstream enterprises driving the coordinated development of the industry supply chain JSTI has developed an integrated electric wheel system incorporated a new type of axial-radial magnetic permanent
and injecting strong momentum into the sustainable development of the industry. magnet motor high-efficiency reducer and lightweight brake and optimized axial space to make the product compact
and lightweight effectively reducing unsprung weight and enhancing driving performance. In 2024 JSTI Groupwon multi-
Technological innovation projects ple honors including the third prize for Scientific and Technological Progress in the Automotive Industry from the Society of Automotive Engineers of Jiangsu the Award for Transformation of Scientific and Technological Innovation Achieve-
ments by Jiangsu Association of Science & Technology Innovation and the third prize in Science and Technology from the
Collaborative R&D Jiangsu Enterprise R&D Institution Promotion Association.JSTI steadfastly upholds the principle of open cooperation actively collaborating with domestic and international research
forces. Domestically the Company has partnered with multiple domestic prestigious institutions to establish joint innovation Digital management
research centers. This collaboration promotes the "university technological research + company industrial incubation" project
model further solidifying the construction of a technological innovation ecosystem. Internationally the Company has strategic JSTI's digital strategy plan (2025-2027) is committed to achieving comprehensive digital transformation and business growth. In
partnerships with institutions like the Kazakhstan Highway Research Institute Russian Academy of Engineering MIT in the USA terms of management digitization the Company is fully committed to constructing a unified global operations management
and the University of Cambridge in the UK which fortify the foundation for the Company's sustained technological innovation and map deeply integrating finance and operations systems and leveraging data-driven decision-making and business automation.breakthroughs. The Company fully utilizes the powerful capabilities of cutting-edge IT technologies and products such as AI big data and cloud
As the secretariat unit of the Jiangsu Low-altitude Economy Development Industry Research Institute JSTI conducts in-depth computing. Through refined process control and intelligent risk warning mechanisms the Company achieves zero occurrence of
cooperation with enterprises and research institutions like Raytheon Information and Nanjing University of Aeronautics and significant quality risks; by leveraging technological innovation to optimize business models the Company continuously explores
Astronautics. It leads the development of a 3D dynamic airspace collaborative management system that innovates models and the endless possibilities of business digitization. Digital business in particular focuses on infrastructure operation period
algorithms to optimize low-altitude flight airspace planning and traffic scheduling enhancing airspace utilization and flight safety services striving to build new qualitative productivity and actively creating a digital business product system for the JSTI brand
levels. Furthermore the Company actively promotes the upgrade of key technologies in the manufacturing of large and medi- with specific goals set in fields such as intelligence wisdom safety green initiatives and data elements.um-sized drones enhances key control system performance and constructs an integrated low-altitude intelligent network pro- In various fields related to scientific research and technological development activities JSTI adheres to the bottom line of scien-
viding data communication support for the efficient operation of the low-altitude economy and driving the innovative develop- tific and technological ethics strictly follows ethical standards in science and technology and ensures that technological innova-
ment of the industry. tion progresses robustly within the framework of ethics and law.
61 62JSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Intellectual property protection measures
To strengthen IP management and stimulate technological innovation thereby effectively utilizing patent rights JSTI has estab-
lished I n t e l l e c t u a l P r o p e r t y M a n a g e m e n t R e g u l a t i o n s defining the standards for IP work. The Company employs dedicated IP
Whole lifecycle digital mana-gement personnel who are involved in all phases from project initiation and R&D tracking to patent application ensuring
foundation construction project Multimodal transport business Low-altitude platform that innovations are timely protected. Additionally the Company collaborates closely with professional patent agencies leverag-
ing their expertise to improve the quality of patent applications respond promptly to examination feedback and ensure the timeli-
In the Yangli Expressway reconstruction In the construction of the Wuxi The low-altitude platform business of
and expansion project JSTI vigorously multi-port linkage and multimodal JSTI utilizes grid code technology ness and high authorization rate of patent applications. The Company also maintains close communication with the legal depart-
promotes the full lifecycle digital unified platform JSTI utilizes advanced combined with the city's CIM foundation ment; upon detecting any infringement issues it promptly investigates and formulates response strategies to protect its legal
foundation project of "integrated technologies such as the Internet of to provide a 3D digital airspace manage- rights. Furthermore the Company focuses on enhancing the capabilities of its IP management personnel supporting their partici-
construction operation and mainte- Things big data and cloud computing. ment solution. Following the ToG ToB pation in annual online intellectual property training courses in China to learn the latest IP knowledge continually optimizing IP
nance". Through digitalization and By improving data exchange interface and ToC approaches it assists govern- management work and safeguarding the Company's technological advantages and operational security in market competition.delivery of design documents using BIM standards and establishing data ment agencies owners and users in
design results are directly transmitted element circulation mechanisms supervising low-altitude flight services
to construction and operation units real-time interaction is achieved among providing customers with integrated
achieving digital model delivery and railway port and shipping depart- low-altitude services encompassing the Total number of valid patents granted1200 items Number of valid patents per million of revenue0.25item/CNY
data continuity. ments; this promotes the exchange of entire process from aircraft and person-
business data related to multimodal nel registration flight route application International patent9 items Invention patent350 items Utility model patent807 items Design patent43 items
transport operations with closely equipment entry flight activity execu-
related departments such as customs tion to data analysis and processing. Number of software copyrights452 items Number of software copyrights per million of revenue0.10item/CNY
and ports creating a digital foundation
and providing decision-making support Number of published papers523papers
for the multimodal transport govern-
ment work platform.Intellectual Property Protection Strictly Adhering to the Quality Line and
Fulfilling the Responsibility of Safety
Intellectual property protection system Product quality is the foundation of a company's market standing and a key element of brand competition. JSTI rigorously adheres to
national quality management regulations and formulates comprehensive systems such as Quality Inspection and Assessment Manage-
m e n t R e g u l a t i o n s a n d Q u a l i t y I s s u e P e n a l t y R e g u l a t i o n s which encompass the entire quality management process strengthen proc-
Intellectual property is a key component of a company's core competitive strength and plays a crucial role in its development. To ess control and strictly oversee the quality of products and services at every stage.safeguard the Company's intellectual property rights and continuously stimulate technological innovation JSTI officially initiated
its intellectual property management efforts in 2009 increased investments and formed an intellectual property management Product and service safety and quality system
team to build a robust IP management system. Through continuous efforts in 2015 the Company's intellectual property manage-
ment system successfully passed national standard certification marking a new height in standardized IP management. In 2017
the Company was honored with the title of "National Intellectual Property Demonstration Enterprise" by the National Intellectual Governance structure and system
Property Administration in recognition of its outstanding IP achievements.JSTI has established Q u a l i t y I n s p e c t i o n a n d A s s e s s m e n t M a n a g e m e n t R e g u l a t i o n s a n d Q u a l i t y I s s u e P e n a l t y R e g u l a t i o n s creating
a quality management organizational structure with clear responsibilities and efficient cooperation. These regulations define the
Over the years JSTI has undertaken and successfully completed numerous high-value patent responsibilities authorities and collaborative relationships of various departments in quality management.cultivation projects and intellectual property strategic advancement projects moving its IP efforts
into a strategic application phase. The Company continuously explores and integrates IP manage- Technical Quality Center Responsible for quality inspection assessment analysis and improvement of group projects and also
ment with scientific research projects and innovation management progressively unfolding its IP overseeing safety production.Responsible for analyzing and correcting existing quality issues in projects developing and implementing correc-
strategy. As of the reporting period the Company has developed patent portfolios in areas such as Business unit tive and preventive measures and participating in quality inspections and remediation efforts.bridge health monitoring and maintenance new road materials and maintenance survey and Responsible for the specific implementation of project quality management and participating in subsequent
design prefabricated construction and intelligent transportation owning over 1000 authorized Project Manager remediation activities.patents and more than 400 software copyrights.Quality Administrator In the corrective and preventive measures tracking process responsible for confirming the effectiveness of the verification and informing relevant departments.Intellectual Property Internal Auditor Responsible for participating in the execution checks of the quality management system and external reviews.Management System Certificate
63 64JSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Supervision and assessment
Objectives Focus on customer needs pursue exceptional quality encourage employee development advocate for green and
safe practices and continually innovate for customer value
JSTI implements comprehensive periodic quality reviews covering project products processes personnel and equipment across
multiple dimensions. The Company forms a professional inspection team that conducts both monthly routine and surprise checks
with business units actively responding and rectifying issues identified during reviews. Moreover the Technical Quality Center Maintain an AAA+ certification upgrade for the quality management system
tracks and verifies the entire process. Additionally the Company has established detailed quality assessment standards; the
evaluation results of each business unit are directly used to guide management improvements and system optimization. The entire Annually win more than 7 national departmental or provincial (industry) awards for excellent engineering design or scientific and technological progress including at least one first-class award and secure more than 30 vertical
system embeds a supervision feedback mechanism forming a closed-loop management that drives continuous quality improve- research projects
ment in projects.Index Achieve a 100% qualification rate for design products
Quality management system certification
Maintain an average group customer satisfaction score of at least 95 points with no more than 5 customer complaints
JSTI has successfully passed the ISO 9001 recognized as quality issues per year
quality management system certifica- Product qualification rate100% Ensure that the number of external reviews not passed in one go at any stage of business institute projects does not
tion achieving internationally recognized Annual number of internal quality audits2018times exceed 3 annually with a 100% completion rate for required corrections
standards for quality management. Fur- Number of random inspections by hiring a third-party
thermore the Company has obtained the agency5 times
Number of quality culture training sessions12 times Management measures for product and service safety
highest AAA-level certificate for the Number of quality culture training
upgraded quality management system in person-times2400 person-times and quality
the engineering survey and design indus- Total duration of quality culture training144000 hours
try showcasing its profound capabilities System and process
in the field of quality management.JSTI places high importance on the effective implementation of the quality management system and control over project quality.Risk and opportunity management in product and In the management of project design processes the Company adopts a process supervision model centered on workflows and
service safety and quality guided by customer needs. It implements strict quality control at critical stages of the project from drafting work outlines conducting field surveys formulating technical plans to completing designs. Facing project uncertainties the Company introduc-
During its operations JSTI faces risks related to changes in regulations and policies stakeholder requirements and complaints es a risk planning system uses professional tools to precisely identify and assess major risks within projects and develops
major accidents and changes in management systems. These risks challenge the quality and safety compliance reputation cost corresponding response strategies. At the same time the Company incorporates internal self-inspection into normal work and
and delivery capabilities of its engineering survey and design services and other businesses. However enhancements in external regularly organizes professional teams to carry out inspections. If issues are identified during self-inspections corrective actions
standards internal audits and improvement mechanisms present opportunities for the Company to optimize management are immediately initiated to adjust and optimize processes ensuring products meet the standards and requirements of quality
processes enhance technical capabilities and strengthen market competitiveness. management.Consequently the Company has established a comprehensive set of risk and opportunity control procedures that deeply analyze Project quality mana-
internal and external environments and keep pace with compliance obligations. Through stringent project review and verification gement framework Project Director
processes and advanced technological means the Company ensures precise designs and safe construction vigorously avoiding
safety and quality risks. Simultaneously the Company actively engages in technological innovation collaborating with top univer-
sities and research institutions incorporating cutting-edge technologies and concepts to enhance the quality and competitiveness Project Manager
of its products and services and expand its business scope. By closely monitoring market dynamics and customer needs the
Company optimizes its business layout and processes to enhance customer satisfaction and market share and achieve coordinat-
ed development in safety quality and efficiency. Project Partner Project Partner Project Partner
Indices and goals for product and service safety and quality Configuration Administrator Work Executor Work Executor Work Executor
In accordance with GB/T 19001-2016 Requirements for Quality Management Systems Requirements and Evaluation Criteria for
G r a d e d C e r t i fi c a t i o n o f Q u a l i t y M a n a g e m e n t S y s t e m s i n E n g i n e e r i n g S u r v e y a n d D e s i g n I n d u s t r y O r g a n i z a t i o n s and relevant laws
and regulations JSTI has established quality environmental and occupational health and safety management systems. It has set Product realization
up a potential index system covering certification results of management systems compliance rates of employee behaviors quality control process Work outline Field Technical investigation program Design
customer satisfaction and compliance rates of technical consulting service outcomes. The aim is to establish and improve quality
environmental and occupational health and safety management guidelines guide employees in standardized operations demon- Technical External review Document disclosure delivery Results review
strate the Company's professional capabilities in scientific research survey design and other technical consulting services and
related management activities continuously optimize management systems enhance service quality achieve high customer Change Field service Project archiving
satisfaction and promote continual progress in quality environmental and occupational health and safety management.
65 66JSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Hazardous chemicals management Customer satisfaction
JSTI adheres strictly to national laws and regulations and establishes a comprehensive and detailed hazardous chemicals JSTI embraces a proactive service philosophy fully committed to fostering strong customer relationships and continuously
management system to fully implement management responsibilities ensure the safety and regulation of hazardous chemicals enhancing customer satisfaction. The Company adopts the advanced "PDCAR" cycle management concept benchmarks against
management practice corporate social responsibility and safeguard environmental and public safety. industry excellence standards and sets annual customer satisfaction management goals. These goals anchor the direction for
enhancing service quality and establish a systematic and comprehensive customer satisfaction management system. Annually
After multi-party acceptance chemi- the Company conducts onsite surveys assessing project quality execution progress and service levels to collect customer
cals are stored according to their opinions and feedback comprehensively. Utilizing the Customer Relationship Management (CRM) system the Company formu-
Follow strict procedures to pre- Procurement Acceptance characteristics in a categorized lates detailed management optimization plans and accountability lists regularly checks maintenance effectiveness and closely
vent illegal transactions ensuring stage and storage manner and undergo regular safety monitors customer information and maintenance progress through professional systems. This ensures that maintenance work is
procurement is legal and compli- inspections and maintenance. Moni-
ant solidly advanced and customer surveys are orderly conducted covering all key projects comprehensively. During the reporting toring and theft prevention measures
are also strengthened. period the Company successfully completed its annual survey tasks responded proactively to feedback and demonstrated
attention to and capability in problem-solving.P D C A R
Strict approval and registration are
required. Personnel must operate
according to regulations and take Collection Emergency Equip protective facilities and
Plan Do Check Action Record
proper protective measures. Hazard- and use response formulate emergency response
ous waste and expired chemicals are plans to ensure orderly response
collected and handled properly with to accidents
disposal entrusted to professional
companies and records maintained
Customer feedback and complaint
Quality training activities JSTI places a high emphasis on enhancing service levels consid-
ering customer complaint management as a critical aspect and
The Company places a high priority on quality con- has established a comprehensive customer complaint manage-
Number of customers participating
trol and training focusing on quality standards in ment system. The Company has developed and issued Customer in the survey1131 people
transportation engineering construction the M a n a g e m e n t Regulations continuously expanding channels for Number of customer complaints5 times
latest technical specifications and common quali- customer complaints including phone email fax SMS and
ty issue solutions. Through diverse methods such satisfaction surveys. Complaints are categorized into Class I II Number of special trainings on customer
as theoretical explanations case studies and and III and are reviewed at multiple levels to ensure accuracy. In
on-site simulations employees gain a deep under- the handling process Class I involves multi-department collabo-
complaint response24 times
standing of the critical role of quality throughout ration with business units leading the rectification; Class II is Number of special training person-times on customer
the project's entire lifecycle. This strengthens the managed by business departments independently; Class III is Safety Research Center Quality Promotion of
accuracy of employees' quality control and fosters Training of Safety Institute South China Institute monitored continuously to form a strict handling loop with
complaint response840 person-times
a positive atmosphere where all staff participate in strong supervision by regional centers and effective control over Total duration of special training on customer
quality improvement efforts. bidding qualifications. The outcomes are deeply integrated into
the assessment and promotion framework profoundly reshap- complaint response280h
ing employee behavior patterns driving all staff to focus on
Client Rights and Interests Protection enhancing customer satisfaction continually consolidating and
expanding market share and achieving sustainable develop-
ment.Customer service system
Strengthening Data Defenses
JSTI steadfastly adheres to a customer-centric approach taking customer needs as the starting point and focus of its work. To
provide higher quality customer service the Company has strengthened its institutional framework by formulating Customer Ma-
n a g e m e n t R e g u l a t i o n s a n d S a l e s P r o j e c t M a n a g e m e n t R e g u l a t i o n s . These establish an efficient customer service management Safeguarding Customer Privacy
system that accurately captures customer demands offering them professional and efficient solutions. At the same time the JSTI's daily operations involve processing a vast amount of data derived from interactions with customers collaborations with
Company genuinely safeguards customer rights responds swiftly to customer queries and ensures issues are resolved promptly. partners and various stages of the supply chain.
67 68JSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Data security safeguard measures
Information security management system
Data leak prevention and emergency measures
In the digital era information security and privacy protection are paramount. To genuinely safeguard information security the Company
has established a comprehensive information security management and customer privacy protection system adhering strictly to the JSTI places high importance on information security prioritizing the protection of engineering design drawings project data and
Cybersecurity Law of the People's Republic of China Data Security Law of the People's Republic of China Personal Information Protec- other confidential information. The Company has deployed professional encryption software across the Group to encrypt sensi-
tion Law of the People's Republic of China and other legal requirements to ensure all data collection storage usage and transmission tive files. Additionally the Company strictly regulates the decryption approval process meticulously recording each approval to
comply with legal standards. Additionally the Company maintains high ethical standards and treats all authorized information provided ensure traceability and precise control over the decryption process. On the network monitoring front the Company focuses on
by employees customers consumers suppliers and partners with a high sense of responsibility and confidentiality. internet cloud disk and document sharing platforms by setting up searches using keywords related to "JSTI" to timely detect
During the reporting period there was no data security and customer privacy disclosure incident in the Company. potential leaked documents and prevent further dissemination of information. Moreover the Company has initiated a leak trace-
ability mechanism to investigate the source of information leaks deeply and based on company regulations seriously handle
Decision-making layer ? Composed of the Vice Presidents in charge at the Group Operations Center and other
management representative designated presidents responsible for reviewing deploying and assessing the Group's
those responsible.information security strategy
Management layer ? information Composed of the General Manager of the Operations Center and heads of other functional
security management team centers responsible for coordinating and managing information security tasks Data security prevention measures
Execution layer ? information Composed of the Information Security Manager of the Operations Center and other
security execution team relevant staff responsible for following information security management requirements and implementing specific information security tasks In the context of the broader trend toward digital transformation JSTI actively aligns with this trend and significantly enhances
Information security risk management its data security management capabilities. The Company has established partnerships with several professional security firms to continually advance its data security protection levels. For instance the Company utilizes next-generation firewalls application
firewalls and Endpoint Detection and Response (EDR) technologies to comprehensively protect the Company's application
JSTI places high importance on information security management building a comprehensive information security management systems servers and endpoint data ensuring the security and availability of information assets throughout their lifecycle. Fur-
system. The Company undertakes thorough audits of information assets deeply investigates potential security risks and accu- thermore the Company has deployed a data backup system ensuring data can be quickly restored in the event of an incident to
rately identifies potential external threats and internal weaknesses. Based on this the Company has formulated Information maintain business continuity.Security and Classified Computer Management Regulations clearly defining the processes and standards for information security
risk assessment. Regarding the backup of critical information systems and hardware equipment the Company has implemented a comprehensive
and effective backup mechanism to ensure data integrity and traceability. This reduces the risk of business interruption due to
The Company has assembled a professional team that uses industry-standard assessment methods to conduct annual risk system failures or hardware damage ensuring stable and continuous business operations.assessments comprehensively reviewing the Company's information security status. During the reporting period the Company
strictly adhered to national laws and regulations the ISO/IEC 27001:2022 standards and internal information security manage-
ment guidelines conducted internal audits of the operations center and focused on checking the compliance and effectiveness
of the information security management system. Information security training
Additionally the Company regularly holds information security management review meetings to evaluate the completion of
information security policies and objectives and produces risk assessment reports. Should any risks be identified immediate Fostering a culture of security awareness among personnel is also a focus of the Company's information security efforts. During
action is taken to initiate the remediation process and implement corrective measures swiftly to ensure information security is the reporting period the Company conducted a security awareness survey among employees to understand their understanding
controllable. of information security. Additionally the Company organized cybersecurity awareness training focusing on common security
issues encountered in daily work and life such as password security QR code security and e-mail security deepening employees'
Information security indices and goals understanding of information security risks and effectively strengthening the security consciousness of all staff. During the report-
ing period the Company conducted one information security training session with 60 participants.?Protect the confidentiality integrity and availability of the Compa- ?Conduct information
ny's information systems and data effectively preventing accidental security awareness train-
or malicious breaches alterations or leaks ing for employees at least
?Ensure the information system operates continuously reliably and once a year Customer privacy protection
normally providing timely ongoing and high-quality IT services and ?Achieve an application
Overall continually improving them Specific system availability goal of
goals ?Ensure the construction and operation of the information security goals 95% within one year
?Organize at least one JSTI places a high priority on protecting customer information and has established internal Customer Management Regulations management system comply with mandatory provisions rules of
information security risk that clearly define the duties and responsibilities related to customer privacy protection. The Company strictly controls the national government agencies regulatory bodies and applicable
assessment by a third dissemination and use of customer information preventing the leakage of sensitive customer data. During the reporting period practices standards and agreements
party within one year there was no customer privacy disclosure incident in the Company.
69 70Beautiful Life
Responding to SDGsJSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Protecting Labor Rights Diversity equality and inclusion
Promoting Employee Development Management of diversity equality and inclusion
Overview of labor rights JSTI advocates governance values of diversity equality and inclusion respecting the differences between individuals and appre-
ciating the uniqueness of each employee.Employee rights are the primary driving force for corporate development. JSTI earnestly upholds the labor rights of every
employee especially in areas such as health safety and satisfaction. The Company strictly adheres to laws and regulations such The Company respects individual differences among employees and prohibits unfair treatment based on race skin color age
as the L a b o r L a w o f t h e P e o p l e ' s R e p u b l i c o f C h i n a and establishes a comprehensive recruitment growth and compensation and disability belief gender and other factors ensuring that every employee enjoys equal opportunities and treatment. During the
benefits security system throughout the process. The Company resolutely eliminates any form of child labor and forced labor reporting period the Company did not commit any human rights violations such as labor discrimination.opposes workplace discrimination and harassment and is committed to creating a diverse equal fair and inclusive work envi-
ronment. Protection of women's rights
During the reporting period the Company achieved a 100% rate of labor contract signing and social insurance coverage.JSTI highly values the protection of women employees' rights adhering to the principle of equal pay for equal work. Female
Employee composition employees are legally entitled to paid leave for prenatal check-ups maternity leave and breastfeeding leave. Additionally the
Company provides facilities such as restrooms and nursery rooms and has established a women's committee to represent female
Total number of employees7855people employees and protect their rights. To further enrich the leisure life of female employees the Company regularly organizes vari-
ous activities such as organizing tours for female employees on International Women's Day and holding lectures on women's
Number of disabled employees Number of minority employees Proportion of minority employees Staff turnover rate
26 137 health rights.people people 1.7% 13.5%
Number of employees by gender Number of employees by education background "International Women's Day" travel activities
39people For International Women's Day 2024 the Company organized a travel activity for female employees.
5801people 2100people2054people 1241people
PhD candidates
Female Postgraduates
Male Undergraduate
Junior college
students and below
4475people
Chengdu Xiamen
Labor governance
The Company has formulated internal management policies such as the E m p l o y e e H a n d b o o k to build a robust human resources During the reporting period the number of employees enjoying maternity leave was 68 with a
management system and incorporates legal standards related to human rights and labor into its internal governance structure.This provides a systematic basis for labor governance ensuring that corporate operations comply with legal requirements and 100% return-to-work rate after maternity leave; the number of employees enjoying paren-
safeguarding employees' basic rights.tal leave was 208 with a 100% return-to-work rate after parental leave.The Company strictly adheres to national laws and regulations strictly prohibits the employment of child labor and all forms of
forced labor and protects the legitimate rights and interests of employees. During the reporting period the Company did not
employ child labor or forced labor.
73 74JSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Employee recruitment and employment Employee benefits
Talent storage is the soft power for the long-term operation and development of the Company as well as the driving force for JSTI always regards employees as an indispensable element of company development and continuously improves the employee
innovation and competition. To meet the needs of the Company's continuous and rapid development for talent JSTI has formulat- benefits system to enhance employees' work enthusiasm. In addition to statutory benefits the Company also provides various
ed a series of policy documents such as Employee Labor Contract Management Regulations Employee Handbook and Recruitment targeted supplementary insurances health check-ups association activities etc. enhancing employees' sense of happiness and
M a n a g e m e n t R e g u l a t i o n s . The Company actively develops a new high-quality talent pool and widely recruits talents from all walks belonging.of life. At the same time we continuously broaden recruitment channels actively carry out talent introduction through diversified
recruitment mechanisms such as campus recruitment and social recruitment each year. ? The Company implements a standard working hours system ensuring that employees complete their work tasks
within working hours and safeguarding their rest time.? The Company provides paid leave benefits for employees who enjoy different days of paid leave depending on
their years of service.? To facilitate employees' work and life the Company offers a flexible working policy.? The Company's 2nd and 3rd phase employee stock ownership plans are still in the continuation period.Recruitment Configuration Qualification Professional Hiring
demand approval review interview approval Onboarding
Demand Recruitment Quality Background Medical Employee activities
analysis information release interview investigation examination
Recruitment process diagram To ensure that employees get appropriate relaxation and rest aside from their busy work schedules the Company provides a
variety of cultural and sports activities advocating a healthy lifestyle and continuously enhancing employee cohesion and happi-
Compensation and benefits ness.Enriching cultural and sports activities to improve employees' cultural cultivation
Compensation system
The Group's labor union organizes various employee cultural and sports activities deeply focuses on the physical and
mental health of employees and is committed to enhancing team cohesion and corporate culture identity ultimately
JSTI adheres to the compensation design philosophy of "rewarding the diligent and ensuring high-performing employees receive translating into practical actions to strengthen the close connection between the Company and employees and to promote
more rewards". Each year the Company regularly assesses the market competitiveness of employee compensation in conjunc- sustainable corporate development:
tion with industry pay levels and has designed a leading compensation strategy. Also to keep the employee team constantly ? Organizing the 2024 JSTI Basketball Tournament.energized and based on the value creation of personnel the Company reasonably determines employee compensation rewards. ? Organizing the 6th JSTI Soccer League.To attract and retain outstanding talents and business backbones and to stimulate the enthusiasm of all employees to continu- ? Organizing participation in the "Planning and Design Cup" Basketball Invitation Tournament 2024 of Jiangsu Survey
ously create value for the Company the Company has built a personnel compensation structure that adapts to the market and Design Industry Association.system and internal employee development. This includes fixed compensation based on job value variable compensation based ? Organizing participation in the Nanjing Jianye 2024 Science and Technology Association Cup Badminton Tournament.on personnel performance evaluation and mid-to-long-term incentive plans based on the achievement of the Company's ? Organizing participation in the 2024 Football Tournament of the Federation of Trade Unions of the Jiangsu Provincial
mid-to-long-term strategic goals. During the reporting period the Company paid wages on time and there were no incidents of Department of Transportation with the theme of "Healthy Future Forging Ahead to a New Journey".wage arrears.?
Employee Fixed compensation (job value)
? Variable compensation (personnel performance evaluation)
compensation ? Mid-to-long term incentive plan (achievement of Company's mid-to-long term strategic goals)
structure
During the reporting period the average compensation per employee was CNY 184thou-
sand and the average revenue created per employee was CNY 587 thousand.
75 76JSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Employee care Employee satisfaction
Employee Care For foundation members and their immediate family members who suffer from serious diseases or accidents the The Company is committed to creating a respectful and supportive work environment to foster communication and interaction
Company's Mutual Aid Fund Committee will provide necessary financial assistance to convey our deep care and warmth. More- among employees. During the reporting period the Company utilized international tools and methods—specifically the Gallup
over JSTI Group always prioritizes the welfare of employees in difficulty regularly holding condolence activities to deliver Q12 internal "Questionnaire Survey"—to conduct a satisfaction survey among all employees. Based on the survey results an
sincere care and practical help to employees in need. In addition the Company also highly values the quality of life of retired analysis report and an improvement guide were produced.employees regularly organizing retired employees' forums aimed at letting retired employees feel the Company's ongoing care
and deep respect.During the reporting period the average employee satisfaction rate was 85%
and the attrition rate was 13.5%.Employee training and development
Employee Training System
Talent is the primary driving force for corporate development. The Company places high importance on the training and develop-
ment of talent has established the T r a i n i n g M a n a g e m e n t R e g u l a t i o n s and has built a comprehensive multi-level talent training
system.New Year symposium for retired workers Psychological group assistance activity
Fangshan University serves as JSTI's base for cultivating future-oriented engineering technical and management talents. It has
Democratic management of employees developed three major training programs: the Sailing Plan (for new employees) the Voyage Plan (for project managers) and the Leading Plan (for core management personnel) focusing on the key abilities and talents needed for the Company's operational
success. These programs train a professional combat team that is ready and able to achieve victory assisting strugglers to rapidly
The Company strictly follows laws and regulations such as the Trade Union Law of the People's Republic of China legally establi- climb to career peaks.shes trade union organizations and in conjunction with the actual situation of the Company has formulated Trade Union Man-
agement Regulations. To promote effective communication between employees and the Company we have taken the following Type Curriculum system Tr aining program
measures:
First Tier (Global Leadership & Executive Coaching)
? By holding trade union member assemblies and employee representative assemblies employees are provided a Leading PlanLeadership
platform to directly express their opinions and suggestions. academy Second Tier/new manager
? Establish a corporate collaborative office platform including E-platform Enterprise WeChat and e-mail systems Third Tier/youth talen ts Chairman's Young
so that employees can feed back problems and suggestions to the Company anytime and anywhere. Talent Program
? Establish a rationalization proposal process to encourage employees to actively suggest improvements in Compa- Special training camp for project manager management ability Voyage Plan
ny operations and work efficiency.Professional technical series training Functional series training Open class Specialized
Professional learning map
college General skills training course Lecture from Lecture from instructor Project Manager
During the reporting period the proportion of union members among employees was
In-house instructor training and certification Spark Plan
100% with 4 employee representative assemblies convened and 4 projects deliberated
Professional training camp for new employees recruited on campus
Sailing Plan
and approved; the JSTI labor union was awarded as an advanced collective in union work. Newcomer
classroom Training for new employees recruited from society
Targeted job training for new employees by business institute Mentorship Program
The Company always values communication during the performance process and ensures that superiors and subordinates reach
consensus on existing issues and improvement measures during the performance completion process through system platform E-Learning Institute massive online courses available for employees
feedback performance meetings performance interviews and other forms. If employees have doubts about the assessment
results they can provide feedback through HR Enterprise WeChat verbal and online appeals. Training system of Fangshan University
7778
PMBOK project management knowledge
Culture and ethical complianceJSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
The Company has established a comprehensive learning enhancement system. On one hand it has formed an internal instructor
team to summarize internal knowledge and experience enrich training resources and support the comprehensive growth of Horizontal classification
employees. On the other hand through the use of E-learning online academy and the JSTIer WeChat learning platform it
Business technology
provides employees with convenient learning services promotes talent development and performance enhancement and drives sequence Management sequence Marketing sequence
the implementation of corporate strategy.Chief Engineer President /
Deputy Chief Engineer Managing President/Dean /
During the reporting period the Company conducted 155 training sessions covering 221989 participations Chief Engineer Vice President of Business Institute /
91.15% 511903 Chief Engineer of Business Institutewith an employee training coverage rate of ; the total training duration was hours with
Class I Engineer/ General Manager/ Marketing Director
9.1 1.5 Deputy Chief Engineer Department Head Director General Manager Regional Centeran average training duration of hours per employee; and the total training expenditure was CNY million.
Class II Engineer Deputy Department Head/Chief Engineer Senior Manager Deputy Marketing Director
Class III Engineer Functional management sequence Marketing Manager
Leadership training at JSTI is tailored for different management levels encompassing a wide range of content covering theoreti- Class IV Engineer Manager General Mana- Subsidiary Divi-gement Manager sion Manager Marketing Specialist
cal knowledge practical skills and comprehensive quality enhancement. Technician General
Specialist Secretary
/
Assistan Secretary /
Leading Plan Targeted at core management personnel focusing on cultivating their leadership skills to help drive
the Group's strategic development.Career development channel chart
Junior project managers: Learning project management theory PM system operations etc. cultivat- To better adapt to the dynamic needs of the Company's development we continuously optimize the management and technical
ing leadership skills reporting and presentation abilities establishing a basic framework for project series' job transformation systems and processes establish standardized and flexible Job Change Management Regulations
management encourage effective internal talent mobility scientifically allocate talent resources broaden employee development channels
and meet the Company's talent needs for various positions and businesses. During the reporting period a total of 1088 internal
Intermediate project managers: Enhancing management skills through project management practical jobs were transferred within the Company.Voyage Plan workshops and stimulating team potential with team management courses and practical discussions Management sequence Technical sequence (I) Technical sequence (T)
Business operation manage- Corresponding signature Professional technical development
ment market expansion team rights classification of planning technology quality Specialty depth/influence intensity
capability building and project actual job responsibili- management research and innova-
Senior project managers: Focusing on project thinking and key management learning from excellent manager training senior custom- ties tion problem solving knowledge er communication coordination precipitation personnel training and
cases and developing strategic vision decision-making and presentation skills and management qualification evaluation.Vice President Chief Engineer Industry expert. Reach the domestic leading level in this major grasp the
First Tier (Global Leadership & Executive Coaching): For senior executives cultivating global perspec- Dean of Business Institute development trend of this major and lead the development of this major
tive leadership and providing personalized coaching for executives Head of business unit Deputy Chief Engineer Group expert. Proficient in this specialty preside over special common
technical research within this specialty and guide the completion of
Second Tier/New Managers: Focusing on role transition and basic leadership teaching team manage- large-scale project production in the industry
Other training s ment goal setting and other basic skills Deputy head of Senior Project Chief Engineerbusiness unit Problem solver. Lead in solving key technical research of this major and
Manager guide to solve difficult problems of this major in the project
Third Tier/Young Talents: Cultivating leadership potential setting up courses on leadership theory Class I Engineer Deputy Chief Engineer Systematically master the professional knowledge required for the work
innovative thinking etc. and reserving leadership talents Intermediate Approve have rich engineering and project experience undertake professional Project Manager scheme design and lead the solution of routine problems in this subdivision
Junior Project Class II Engineer Lead the formulation of routine and routine project plans complete the
Manager Check design of complex projects and review the design results of this major
Career development Class III Engineer Familiar with the design of this specialty and able to complete the
Review routine project design preparation and general project review
Class IV Engineer
The Company always adheres to the "people-oriented" philosophy and in line with employees' personal desires and job require- Design/prepare Onboarding preparatory level
ments constructs various career development paths in technical management functional and marketing directions. This
provides every employee with diverse development options ensuring that employees with different skills interests and career Professional direction: Operation in a
Professional direction
goals can find positions that match their traits within the Company and actively cultivates high-performance high-potential certain business domain business
institute and business unit
composite key talents. Development path of business technical sequence positions
7980
Vertical layeringJSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Valuing Health and Safety Occupational health and safety strategy
Creating a Safe Environment JSTI and its subsidiaries in line with their business realities systematically assess the impact risks and opportunities associated with occupational health and safety factors. They formulate appropriate measures based on a safety risk identification checklist
The Company recognizes occupational health and safety risks in areas such as the work environment operational management to strictly control and effectively prevent potential risks.and research and development. To address and mitigate these risks the Company strictly adheres to laws and regulations such
as the Safety Production Law of the People's Republic of China and the Law of the People's Republic of China on the Prevention Potential Risk
a n d C o n t r o l o f O c c u p a t i o n a l D i s e a s e s . It has established a comprehensive occupational health and safety management system Impact
dedicated to creating a safe and healthy working environment for employees. Type Description Likelihood of Occurrence Response StrategyDuration Financial Impact
During the reporting period the Company did not experience any major accidents related to safety production.Occupational health and safety governance Increased costs: produc-Risks of produc- Short- to Establish a safety monitoring Technology tion interruptions delays; t ion equipment medium- and inspection system and Low
Risks increased maintenance failures term conduct regular adjustments
The Company has established a dedicated department for occupational health and safety management responsible for daily costs and inspections
safety supervision management and coordination and has formulated occupational health and safety management systems
and operating procedures such as S a f e t y P r o d u c t i o n M a n a g e m e n t R e g u l a t i o n s providing employees with clear safety guidelines Conduct safety hazard inves-
and behavioral norms to ensure effective implementation of safety production policies and measures. Additionally to ensure the
professionalism of occupational health and safety management we focus on enhancing the professional skills and capabilities of Short- to Increased costs: funds for
tigations develop emergency
Operational E n v i r o n m e n t a l p l a n s a n d r e g u l a r s a f e t y
relevant personnel regularly organizing professional training for safety management personnel to improve their professional Low medium- accident handling and Risks Operational Risks term rectification drills and enhance occupa-
qualifications and management level. tional health and safety train-
ing for employees.The Company has established a comprehensive safety responsibility system covering all departments and members set up a
three-level safety management structure composed of JSTI Group its holding subsidiaries in mainland China and various Potential opportunity
third-party service units. This structure is responsible for layered management of the Company's safety production activities.Type Description Likelihood Impact of Occurrence Duration Financial Impact Implementation Policy
?Organization and implementation of safety management work
?Construction of safety production supervision and management system Effective occupa-
?Development of the Group's emergency response plans for safety production tional health and
?Emergency handling of production (including laboratory system) incidents Reputation safety manage-
Reduced costs: Increased
ment measures Medium Long-
Establish a systematic OHS
investor trust reduced management system; and
Safety production ?Handling of safety production accidents within the Group opportunity term financing costs attracted
?Related safety production emergency drills enhance the Com- apply digital toolsmanagement pany's public im- more investment
responsibilities ?Other production safety management-related work age
In light of hot issues in industry Management of occupational health and safety impacts
safety production and previous
practical situations the Company risks and opportunities
discusses and sets safety produc-
During the reporting period the Company JSTI has implemented a rigorous management process aimed at effectively identifying assessing and managing safety risks while tion goals clarifying the safety continuously monitoring the safety status of the work environment. The Company has established a comprehensive safety risk
goals and responsibilities of lead- was certified under the ISO 45001 Occupa-
tional Health and Safety Management assessment mechanism and regularly conducted comprehensive risk identification and assessments of the production environ-ers at all levels and employees. To
System and regularly conducted internal ment equipment and operational processes. Potential safety risks are identified through employee feedback and other methods ensure the continuous healthy
audits and management reviews to ensure and managed based on the size likelihood and impact of the risks. For different levels of risk the Company develops correspond-and stable progress of the Compa-
the effectiveness and continuous improve- ing risk control measures and emergency plans to ensure risks are effectively managed.ny's safety production work the
Group adopts a safety goal assess- ment of the management system. We have established a regular safety hazard investigation mechanism and regularly organized professionals to conduct compre-
ment method to evaluate the hensive potential hazard investigation ensuring no blind spots or areas are overlooked. For identified hazards the Company acts
company and its subsidiaries. Occupational Health and Safety promptly to rectify them ensuring timely elimination. Additionally the Company actively encourages employees to participate in
Management Systems Certificate hazard identification and rectification reporting safety hazards promptly and making necessary corrections.
8182
Technical Quality CenterJSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Safety hazard investigation of research center Occupational health and safety indices and objectives
In May 2024 JSTI Research Center conducted a safety hazard investigation and produced an inspection record table. To strengthen safety management the Company has established a comprehensive system of occupational health and safety production
indices which covers hazard identification and rectification detection of occupational hazard factors etc. Based on these indices
specific occupational health and safety production objectives have been set aiming to create a zero-accident zero-injury healthy and
harmonious work environment to ensure the health and safety of employees.Objectives Achievement
No occurrence of environmental pollution incidents Met
100% timely handling rate of social and environmental complaints Met
Energy consumption reduced by 3% compared to the same period last year Met
No occurrence of general and above equipment incidents and
mechanical equipment incidents caused by company liability Met
No occurrence of fire incidents caused by company liability Met
Safety and equipment checklist (partial) No occurrence of liability traffic accidents causing losses of CNY30000 or more Met
No occurrence of severe injuries or fatalities caused by company liability Met
No more than 0 minor injury incidents caused by company responsibility Met
To prepare for potential emergencies the Company has developed specific emergency plans such as Special Emergency Plan for
E l e c t r i c S h o c k A c c i d e n t s S p e c i a l E m e r g e n c y P l a n f o r F o o d P o i s o n i n g a n d S p e c i a l E m e r g e n c y P l a n f o r F i r e A c c i d e n t s clarifying Zero incidence rate of occupational diseases Met
emergency handling processes measures and rescue teams. The Company regularly organizes safety drills to improve employees'
emergency response capabilities and self-rescue skills and continuously improves emergency plans based on drill results to ensure
their practicality and specificity. During the reporting period the Company organized a total of 36 emergency drill activities with Safety management measures
participation totaling 1110 person-times .To ensure the physical and mental health of employees and the safety of the work environment we have implemented a series of
comprehensive and meticulous safety management measures aimed at creating a zero-accident zero-injury work environment.Sprinkler burst pipe emergency drill
On March 20 2024 JSTI Property Service Center conducted a
P u r c h a s i n g S a f e t y a n d
sprinkler burst pipe emergency plan drill to enhance personal
During the reporting period the Health check
Employee office
Road safety building property efficient operation emergency handling capabilities. of occupational water safety and public liabili- of special equip-
total investment in safety training diseases ty insurance ment (elevators
and mechanical
was CNY350000 with parking spaces)
60 Regularly provide Quarterly replace P r o v i d e o v e r a l l Regularly purchase C o m p l e t e s p e c i a l safety training sessions held; health screenings for d r i n k i n g w a t e r m a i n t e n a n c e o f r e l e v a n t l i a b i l i t y equipment inspec-
9937 employees includ- filters continuously o ffi c e b u i l d i n g insurance for build- tions timely replace a total of participants ing common disease improving product ground waterproof- ings in three loca- r e l e v a n t p a r t s
analysis registration require- i n g a n d u p d a t e tions and continu- station personnel to
attended safety training accumu- ments anti-slip materials in ously add additional respond to emergen-
17654 t h e b a s e m e n t t o i n s u r a n c e t y p e s cies and dispose of l a t i n g h o u r s o f ensure driving safety based on the opera- them in advance
tional status of proj-
training. ects ensuring safe
building operations
Sprinkler burst pipe emergency drill
83 84JSTI Group Sustainable Governance Environmental Protection Industry Value Beautiful Life Sustainability Report 2024
Fulfilling Social Responsibilities Rural revitalization
Delivering Corporate Warmth
The Company has always upheld the purpose of giving back to society consistently fulfilled its corporate responsibilities and In response to the national call for work on "agriculture rural
brought welfare and hope to the community. It actively engages in various forms of public welfare activities such as social wel- areas and farmers" and adhering to the spirit of "thousands of
fare and rural revitalization demonstrating corporate responsibility and spreading positive energy. enterprises helping thousands of villages" JSTI actively
advances rural revitalization efforts. In promoting rural
revitalization the Company actively invests resources and
During the reporting period the Company invested CNY1.1328 million in public welfare. energy steadily bridging the gap between poverty alleviation
and rural revitalization contributing to the cause of rural
development. During the reporting period the Company
donated poverty alleviation charity funds to the designated
Social welfare poverty alleviation area in Heshan City Jiangmen Guangdong Province.Company poverty alleviation charity donation bills
The Company actively participates in various social welfare activities interpreting corporate responsibility through practical
actions. It has organized a series of charitable volunteer activities including educational aid projects visits and condolence
actions and charitable donations.Educational assistance
Education is crucial for the nation's future and the hope of its people. The Company has long focused on charitable contributions
in the field of science and education vigorously supported education aid activities for impoverished students and helped
students grow and succeed through incremental actions. During the reporting period the Company established scholarships in
several universities and continuously supported outstanding students at prestigious institutions such as Harbin Institute of Tech-
nology Southeast University and Chongqing Jiaotong University.Company education support projects
Education development fund of Harbin Institute of Technology: CNY300000
Education fund of Southeast University: CNY600000
Corporate charitable donation bills
Education development fund of Chongqing Jiaotong University: CNY200000
85 86JSTI Group Sustainability Report 2024
Future Outlook
In the future JSTI will continue to adhere to its mission of "To become the most dynamic and trustworthy enterprise shaping the
new world" and unswervingly implement the ESG concept into corporate practice. Through the efficient enhancement of
resource utilization technological innovation and operational management the Company aims to foster environmental friendli-
ness service upgrades social progress and corporate growth. JSTI is dedicated to striving toward the goal of "becoming a global
leader in technology in the infrastructure sector".With a quality system as the foundation the Company will digitally empower the entire production process of its main business
to create a "business platform" integrating operations and standardizing data. The application of BIM+GIS digital base technolo-
gy services across the entire lifecycle will unlock the underlying logic of digital business driving the digital transformation of the
Group's operations with data as the core.Management knowledge and capabilities will be integrated into a "management platform" unifying business and finance and
systematizing operations; this will facilitate predictions and risk management enabling efficient data-driven decision-making
and business execution.Focusing on the entire chain of infrastructure design construction maintenance materials and software JSTI will utilize tools
such as cloud computing big data IoT artificial intelligence and mobile communications to enhance digital productivity there-
by empowering and reshaping the value of infrastructure with "digitalization".Rooted in infrastructure the Company will pursue an "industrialized" layout in fields such as smart transportation green and
low-carbon initiatives and road and bridge maintenance. It will integrate resources across the entire value chain to provide inno-
vative products that meet customer needs and make the world a better place.With an international perspective and global practices supported by a worldwide service network and solid local foundations
JSTI continuously introduces breakthrough ideas innovating infrastructure and urban concepts to contribute to building a better
world.
87 88JSTI Group Sustainability Report 2024
Appendix 1: Performance Table Index Unit 2022 2023 2024Number of risk management trainings / 1 4 3
Total number of participants
Risk in risk management training Person-times 2006 30669 653
JSTI ESG key performance table manage-ment2 Total duration of employees
participating in risk h 200.6 2555.75 177
Index Unit 2022 2023 2024 management training
Governance dimension Audit project completed
by Audit Department pcs 6 15 11Internal
Total assets RMB 100 million 155.09 159.18 160.63 control Propose audit recommendations Pcs 17 29 63
Operating income RMB10000 522652.86 527780.62 472884.34
Business Investor exchange
performance Net profit attributable to parent company RMB10000 59348.91 32959.41 22437.90 Number of investors receiving
on-site surveys / 0 1 6
Total tax payment RMB10000 36676.05 37983.87 36699.83 Number of investors
receiving on-site surveys Person 0 20 63
Shareholders' Meeting Number of interactions with investors
on Easy Interaction / 707 84 190
Total number of Number of open investor
shareholders' meetings held / 2 2 3 exchange meetings held / 1 2 1
Number of extraordinary
shareholders' meetings held / 1 1 2 Number of investor calls receivedInvestor / 360 400 450
Number of resolutions approved Item 13 14 19 relations manage- Information disclosure
ment and
Board of Directors Number of periodic shareholder
1 reports disclosed externally
/666
rights
Number of Board meetings held / 7 5 6 Number of interim reports disclosed externally / 95 74 105
Number of resolutions approved Item 26 28 46 Annual cash dividends of the Company
Attendance rate % 100 100 100 Cash dividend per 10 shares RMB 1.40 1.15 0.95
Corporate
governance Percentage of independent directors % 33.33 33.33 33.33 Total cash dividend (tax-inclusive) CNY10000 17679.59 14522.52 11996.86
Percentage of female directors % 11.11 11.11 11.11 Percentage of net profit attributable to
shareholders of the listed company in % 29.79 44.06 53.47
Board of Supervisors the consolidated financial statements
Number of meetings
of the Board of Supervisors / 5 5 5 Anti-corruption training provided to management and staff
Number of resolutions approved Item 17 19 23 Number of anti-corruption training sessions / 7 4 8
Attendance rate % 100 100 100 Number of management members attending anti-corruption training Person 3 3 22
Compensation management for directors supervisors and senior management Total duration of anti-corruption
Business training provided to management h 3 3 22
practices Average duration of anti-corruption
Total pre-tax remuneration training received by management h/person 1 1 1
received by directors supervisors and RMB10000 1594.1 1518.3 1490.77
senior executives from the Company Number of employees attending anti-corruption training Person-times 10228 17402 42701
Number of compliance trainings / 2 3 2 Total duration of anti-corruption training provided to employees h 2052 3667 7240
Compliance Total number of participants Average duration of anti-corruption
manag in compliance training Person-times 62 112 260 training received by employees
h/person 0.20 0.21 0.17
Total duration of employees
participating in compliance training h 62 112 260 2The 2023 risk management training data includes some training data from the Audit Department which was not included in the 2022 and 2024 statistics.
89 90JSTI Group Sustainability Report 2024
Index Unit 2022 2023 2024 Index Unit 2022 2023 2024
Responsible marketing training About the society
Number of person-times participated
in responsible marketing training Person-time 792 150 612 Quality culture trainingBusiness
practices Total hours of responsible h 1188 525 1800 Number of quality marketing training Product culture training sessions
/5812
Number of responsible quality
marketing trainings / 22 3 12 Total duration of quality culture training h 80575 10492 144000
About environment Number of participants in quality culture training Person-times 1350 1770 2400
Total greenhouse gas emissions Ton of carbon dioxide equivalent 3593.39 3587.11 3479.00 R&D investments RMB10000 32663.36 30761.39 28961.28
Direct greenhouse Ton of carbon R&D investment as a proportion
Addressing gas emissions (Scope 1) dioxide equivalent
119.12 227.30 220.00 of operating income % 6.25 5.83 6.12
climate Indirect greenhouse Ton of carbon gas emissions (Scope 2) dioxide equivalent 3474.27 3359.81 3259.00 R&D Teamchange
Reduction of GHG emissions Ton of carbon dioxide equivalent / 6.28 108.11 Number of R&D personnel Person 1514 1468 1441
Greenhouse gas emissions Tons of CO2
per million of revenue equivalent/CNY 0.69 0.68 0.74 Proportion of R&D personnel % 18.00 18.00 18.35
Completed EIA projects Item 2 5 8 Number of R&D personnel by educational qualifications
Environmen-
tal impact New EIA projects Item 7 6 12 Junior college students and below Person 104 97 95
assessment
(EIA) and Completed environmental
acceptance acceptance projects
Item 0 8 8 Undergraduate Person 824 800 785
New environmental
acceptance projects Item 4 5 9 Postgraduates Person 564 550 540
Pollution Hazardous waste production volume Tonne 0.39 0.4 0.97 PhD candidates Person 22 21 21
and waste
Hazardous waste disposal volume Tonne 0 0.79 0.97 Number of R&D personnel by gender
Water Water consumption Tonne 94260 88211 74200 R&D and innovation Male Person 1164 1127 1106resource
managment Water consumption per million of revenue Tonne/CNY 18.03 16.71 15.69 Female Person 350 341 335
Electricity consumption kWh 6475908.8 6596155 6904113.6 Intellectual property
Natural gas m3 44023 43906 42589 Total number of valid patents Item 868 1116 1200
Petrol Tonne 39 41 40 Number of valid patents per million of revenue Item/CNY 0.17 0.21 0.25
Fuel oil Tonne 3.375 2.50 2.00 International patent Item 4 8 9
PV power generation kWh 383908.8 704855 354183.6 Invention patent Item 222 296 350
Energy
Manage- Purchased Electricity kWh 6092000 5891300 6549930 Utility model patent Item 619 777 807
ment
Direct energy consumption Tons of standard coal 57.61 122.29 119.00 Design patent Item 27 43 43
Indirect energy consumption Tons of standard coal 748.71 724.04 702.00 Number of software copyrights Item 386 406 452
Comprehensive energy consumption Tons of 806.31 846.33 821.00 Number of software copyrights standard coal per million of revenue Item/CNY 0.07 0.08 0.10
Total energy consumption Tons of standard
per million of revenue coal/CNY 0.15 0.16 0.17 Number of published papers Paper 422 467 523
91 92JSTI Group Sustainability Report 2024
Index Unit 2022 2023 2024 Index Unit 2022 2023 2024
Customer services Number of incidents of child employment Person 173 146 137
Number of customer complaints / 5 4 5 Proportion of minority employees % 2.1 1.8 1.7
Number of customer complaints resolved / 5 4 5 Number of employees by gender
Number of customers
participating in the survey Person 1042 847 1131 Female Person 2175 2090 2054
Proportion of customers
participating in the survey % 0.7 0.6 0.8 Male Person 6237 6064 5801
Number of valid copies of customer
satisfaction questionnaire issued / 1042 847 1131 Number of employees by age
Customer satisfaction/total s
atisfaction score Score/score 90.45/100 94.38/100 95.04/100
Under 30 years old
(excluding 30 years old) Person 3202 2758 2335
Client Rights Customer service training and assessment 30-40 years old (including 30 years old
and Interests excluding 40 years old) Person 3314 3362 3382
Protection Number of special training person-times 40-50 years old (including 40 years old
on customer complaint response Person-times 840 650 840 excluding 50 years old) Person 1260 1364 1475
Total duration of special training on
customer complaint response h 280 1300 280 50 years old and above Person 636 670 663
Number of special trainings on
customer complaint response / 24 16 24 Number of employees by region
Number of assessments on r
esponse to customer complaints / 5 6 5 Mainland China Person 7557 7299 6990
Pass rate of assessments on
response to customer complaints % 100 100 100 Hong Kong Macao and Taiwan Person 0 0 0
Customer information and privacy protection Foreign countries Person 855 855 865
Number of incidents of
leaking customer information / 0 0 0 Number of employees by education background
Losses caused by violating Labor rights
relevant laws and regulations RMB10000 0 0 0 and benefits PhD candidates Person 37 36 39
Total number of suppliers Pcs 1914 1152 4839 Postgraduates Person 1270 1249 1241
Supply Supplier with quality management
Chain system certification Pcs 67 77 183 Undergraduate Person 4657 4587 4475
Manage- Supplier with environmental
ment management system certification Pcs 10 11 39 Junior college students and below Person 2448 2282 2100
Supplier with occupational health and safety
management system certification Pcs 10 11 37 Number of new employees Person 1694 1110 800
Employee recruitment and employment Number of new employees by gender
Labor contract signing rate % 100 100 100 Female Person 397 234 221
Labor dispatch personnel Person 0 105 0 Male Person 1297 876 579
Number of part-time employees Person 0 0 0 Number of new employees by age
Avoid child or forced labor Under 30 years old (excluding 30 years old) Person 901 612 501
Labor rights
and benefits Number of incidents of child employment Case 0 0 0 30-40 years old (including 30 years old excluding 40 years old) Person 586 340 229
Number of forced labor complaints Case 0 0 0 40-50 years old (including 40 years old excluding 50 years old) Person 152 117 59
Diversity and equal opportunity 50 years old and above Person 55 41 11
Number of labor discrimination incidents Case 0 0 0 Protection of women's rights
Total number of employees Person 8412 8154 7855 Proportion of female managers % 10.4 11.2 10.9
Number of disabled employees Person 26 27 26 Number of employees enjoying maternity leave Person 83 173 68
93 94JSTI Group Sustainability Report 2024
Index Unit 2022 2023 2024 Unit Unit 2022 2023 2024
Return rate of maternity leave % 100 100 100 Number of work-related fatalities Person 0 0 0
Number of employees
enjoying parental leave Person 24 150 208 Total number of work injuries Person 0 0 0
Return rate of parental leave % 100 100 100 Days lost due to work injury Working days 0 0 0
Benefits and compensation
Number of safety emergency drills / 36 36 36
Coverage of social insurance % 100 100 100
Hazard identification
Welfare expenditure RMB10000 20729.1 23793.33 27309.98 and rectification rate % 100 100 100
Including: statutory welfare expenditure RMB10000 16364.8 19481.83 20051.35 Safety Training
Number of paid annual
leave days per capita Day 7.25 6.96 7.53 Total investment in safety training RMB10000 35 35 35
Percentage of employees receiving Number of safety training sessions Sessions 57 51 60
regular performance and career % 100 100 100 Occupation-
development assessments al health and Total safety training hours h
safety 16580 14660 17654
Democratic management of employees Safety training coverage rate % 100 100 100
Number of projects reviewed and approved
by the staff representative conference Item 2 4 4 Number of person-times Person-times 7330 9937
Number of projects reviewed participating in safety training 8290
and approved by the labor union Item 2 2 2
Ratio of trade union members Occupational health
to employees in service % 100 100 100 Occupational health
Employee satisfaction examination coverage rate
%100100100
Labor rights Certified employment rate
and benefits Average employee satisfaction % 90 92 85 of special operations personnel
%100100100
Investment amount in
Turnover rate % 5.8 4.4 13.5 work-related injury insurance RMB10000 3209.2 3820.46 3932.15
Coverage rate of work-related
Employee training injury insurance personnel % 100 100 100
Employee training investment RMB10000 200 150 200 Coverage rate of safety production liability insurance % 100 100 100
Number of training sessions Session 150 150 155 Total amount of public
welfare investment RMB10000 165.34 151.50 113.28
Total number of people trained Person 7431 7350 7189 Social
welfare Rural revitalization RMB10000 73.15 5.30 5.00
Total person-times receiving training Person-times 219876 217787 221989 Amount of educational assistance RMB10000 85 85 110
Employee training coverage
(employee training ratio) % 91.12 90.14 100
Total training duration h 501123 500910 511903
Average training duration
per year per employee h/person 8.8 9 9.1
Employee Development
Number of employees transferred
internally or applied internally Person 1328 1216 1088
Percentage of employees transferred
internally or applied internally % 17.57 16.65 13.83
Safety production
Occupation-
al health and Amount of safety production investment RMB10000 50 50 50
safety
Number of safety production incidents / 0 0 0
95 96JSTI Group Sustainability Report 2024
Appendix 2: Index Table Guidelines No. 17 of the Shenzhen Corresponding Section Stock Exchange for the Self- Guidelines for China regulation of Listed Companies - Corporate Sustainability GRI Sustainability Sustainability Report (Trial) Report CASS-ESG 6.0 Report Standard
Addressing Indices and targets Articles 19 and 21 E1.1.4 /
Climate of addressing climate change
Guidelines No. 17 of the Shenzhen Challenges Greenhouse
305-1/305-2/305-3/
Stock Exchange for the Self- Guidelines for China Promoting gas emission management
Articles 24 to 27 E1.1.7-E1.1.9/E1.1.13 305-4/305-5
Corresponding Section regulation of Listed Companies - Corporate Sustainability GRI Sustainability Low-Carbon Supporting industry's
Sustainability Report (Trial) Report CASS-ESG 6.0 Report Standard Transition low-carbon transition Articles 27 and 28 E1.1.15 /
About This Report Articles 4 and 6 P1.1/P1.2 2-2/2-3 Improving environmental management system Article 31 E2.1.1 2-27
Chairman's Statement / P2.1 / Improving Management of environmental System impacts risks and opportunities Article 33 E2.4.1-E2.4.3 /
Manage-
Sustainable Development Highlight / / / ment Environmental / E2.1.7 /
Controlling management objective
Environmen-
Discovering JSTI Article 6 P3.1-P3.3/G1.1.12 2-1 tal Risk Management of waste g 2-27/306-2/
Sustainable as wastewater and waste Articles 30 and 31 E2.1.6/E2.2.6
development policy Articles 11 and 13 G1.1.7 2-22 306-3/306-4/306-5
Sustainable development Articles 11 and 19 G1.1.11 / Resource vision and goals Enhancing Management / / 2-27Enhancing
Governance Resource
Mechanism G1.1.1/G1.1.2/G1.1.4/ Efficiency 302-1/302-3/Sustainable development
to Drive governance Articles 11 12 18 and 19 2-9/2-14 Promoting
Water resources and
Green energy management
Articles 35 to 37 E3.1.1/E3.2.1/E3.2.3
Sustainable G1.1.5/G1.1.8/G1.1.10 Develop- 302-4/303-3/303-5Develop-
ment Stakeholder Communication mentArticles 9 and 53 G1.3.1/G1.3.2 2-29 Green office operation Article 35 E3.3.2/E3.3.2 302-4
Material issue management Article 5 G1.1.9 3-1/3-2/3-3 Optimizing Material Management to Promote Circular Development / E3.3 /
Governance by the Board Protecting Ecological Diversity
of Directors the Board Building a Beautiful Home Together Article 38
E2.3 2-27/101-1/101-2
of Supervisors and the General / / 2-27
Meetings of Shareholders
Supply chain governance Articles 12 44 and 45 / 2-27
Compensation management
for directors supervisors / / 2-19/2-20
Guarantee- and senior management
ing Opera-
tions with Compliance management / / 2-27 Building a Supply chain strategy Articles 12 to 17 and 45 / /
Compliance Responsible
Supply
Risk management Articles 11 and 18 G1.1.8 2-27/207-1/207-2 Chain
Fortifying Supply chain impact risk and opportunity management Articles 18 and 45 S3.1.1 /
Internal control / / 2-27 the Supply Base Supply chain indices and goals Articles 19 and 45
Investor relations management / /
and shareholder rights / / 2-27 Strengthening supply Articles 44 and 45
Strictly Anti-business bribery chain management S3.1.2/S3.1.3 414-1
Observing and anti-corruption system Article 55 G2.1.1/G2.1.6/G2.1.7 2-27 Promoting sustainable
Legal Anti-business bribery development of supply chain
Article 45 S3.1.4 414-1
Conduct
Creating a and anti-corruption measures
Article 55 G2.1.2/G2.1.3 205-2
Business Anti-unfair
Ecosystem competition measures Article 56 G2.2.2 2-27 Innovation and R&D governance Articles 12 41 and 42 S2.1.2 /
Governance of addressing
climate change Articles 12 and 21 E1.1.1 / Innovation
Driving
Addressing S2.1.1/S2.1.4-S2.Strategy to address Forward Innovation-driven Climate Articles 13 to 17 21 and 22 E1.1.2/E1.1.6 201-2 Starting a development strategy Articles 12 to 17 41 and 42 /
Challenges climate change New Chapter 1.7/S2.1.8-S2.1.11
Promoting
Low-Carbon
Transition Impact risk and opportunity Risk and opportunity management of addressing Articles 18 21 and 23 E1.1.3/E1.1.6 / management in innovation- Articles 18 41 and 42 / /
climate change driven development
97 98JSTI Group Sustainability Report 2024
Guidelines No. 17 of the Shenzhen Guidelines No. 17 of the Shenzhen
Corresponding Section Stock Exchange for the Self-
Guidelines for China Guidelines for China
regulation of Listed Companies - Corporate Sustainability GRI Sustainability Report Standard Corresponding Section
Stock Exchange for the Self-
regulation of Listed Companies - Corporate Sustainability GRI Sustainability
Sustainability Report (Trial) Report CASS-ESG 6.0 Sustainability Report (Trial) Report CASS-ESG 6.0 Report Standard
2-7/404-1/
Indices and goals for
innovation-driven development Articles 19 41 and 42 S2.1.2 /
Employee training
and development Article 50 S4.3.1-S4.3.6 404-2/404-3
R&D platform constructione Articles 41 and 42 S2.1.3/S2.1.12 203-1 Occupational health and safety governance Article 50 S4.2.2 2-27/403-1
Innovation
Driving Facilitating industry development Articles 41 and 42 S2.1.13 203-1
Occupational health
and safety strategy Article 50 S4.2.1 2-7/403-2Forward
Starting a Technological Articles 41 and 42 S2.1.3 203-1 Valuing New Chapter innovation projects Health and Management of occupational
Safety health and safety impacts Article 50 S4.2.4 2-7/403-3/403-5
Digital management Articles 41 and 42 / / Creating a risks and opportunitiesSafe
Environment
Intellectual Property Protection Articles 41 and 42 / / Occupational health and safety indices and objectives Article 50 / 2-7/403-9
Product and service safety
and quality system Articles 12 and 47 S3.3.1/S3.3.2 / Safety management measures Article 50 S4.2.6 2-7/403-6/403-7
Risk and opportunity
management in product and Articles 18 and 47 / / Social welfare Article 40 S1.2.1-S1.2.6 203-1
service safety and quality Fulfilling Social
Strictly Responsibili-
Adhering to ties
the Quality Indices and goals for product
Line and and service safety and quality Articles 19 and 47 / /
Delivering
Corporate Rural revitalization Article 39 S1.1.2-S1.1.5 203-1
Fulfilling the Warmth
Responsibili-
ty of Safety Educational assistanceManagement measures for Corporate Warmth Article 40 / 203-1
product and service Article 47 / 416-1/417-1
safety and quality Future Outlook / A1 /
Client Rights and
Interests Protection Articles 44 and 47 S3.3.6 / Appendix 1: Performance Table Article 6 A2 /
Information security
management system Articles 12 and 48 S3.4.1 2-27 Appendix 2: Index Table Article 57 A3 /
Strengthen-
ing Data Information securityrisk management Articles 18 and 48 S3.4.1 / Appendix 3: Feedback Article 9 A6 /Defenses
Safeguard- Information security
ing Custom- indices and goals Articles 19 and 48 / /
er Privacy Data security s
afeguard measures Article 48 S3.4.3 /
Overview of labor rights Article 50 S4.1.3/S4.1.4/S4.1.6 2-7/405-2
Labor governance Article 50 / 2-7
2-7/401-3/
Protecting Diversity /
Labor equality and inclusion Article 50
Rights 405-2/406-1
Promoting
Employee Employee recruitment
Develop- and employment
Article 50 S4.1.1/S4.1.11 2-7
ment Compensation and benefits Article 50 S4.1.5/S4.1.7 2-7/2-19/401-2
Democratic management
of employees Articles 49 and 50 S4.1.12 2-7
Employee satisfaction Article 50 S4.1.9 2-7/401-1
99 100JSTI Group Sustainability Report 2024
Appendix 3: Feedback
Thank you for reading the JSTI Sustainability Report 2024. To improve JSTI's efforts in environmental social and corporate gover-
nance aspects further enhance the Company's ability and level of sustainable development and strengthen communication and
exchange with all sectors of society we sincerely hope that you can take time from your busy schedule to offer valuable opinions
and suggestions on our work and report and provide feedback through the following means.Contact No.: 025-86576542
Fax: 025-86576666
E-mail: sjkdmb@jsti.com
Company address: No. 8 Fuchunjiang East Street Jianye District Nanjing City Jiangsu Province
Your Information
Name: Contact No.:
Unit: E-mail:
Choice Questions (please tick√ in the appropriate box)
1．Your overall evaluation of JSTI Sustainability Report 2024:
□ Good □ Fair □ To be improved □ Not understood
2. How do you rate JSTI's performance in customer service
□ Good □ Fair □ To be improved □ Not understood
3. How do you rate JSTI's performance in technological innovation
□ Good □ Fair □ To be improved □ Not understood
4. How do you rate JSTI's performance in corporate governance
□ Good □ Fair □ To be improved □ Not understood
5. How do you rate JSTI's efforts in employee team building
□ Good □ Fair □ To be improved □ Not understood
6. How do you rate JSTI's performance in social charity
□ Good □ Fair □ To be improved □ Not understood
7. How do you rate JSTI's performance in sustainable supply chain management
□ Good □ Fair □ To be improved □ Not understood
8. Do you have any other comments on JSTI's work in sustainable development
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