2025
SUSTAINABILITY
REPORT
China Resources Chemical Innovative Materials Co. Ltd.CONTENTS
About This Report 03 01 Pursuing Green Development for a Shared 03 Pursuing Thriving Governance Advancing Ecological Future Together toward a Sustainable Future APPENDIX
Message from the Chairman 05
Addressing the Challenges of Climate Change 23 Enhancing the Effectiveness of Corporate Gover- 61 Future Prospects 77
About China Resources Chemical Innova- 07 nance
tive Materials Advancing Circular Resource Utilization 28 Index of Indicators 79
Upholding Business Compliance Principles 66
Our Sustainability Journey 09 Strengthening Environmental and Ecological 31 Key Performance Indicators 81
Foundation Building Barriers Against Operational Risks 70
Green Cycle Infinite Innovation 15 Feedback 89
Strictly Controlling the Discharge of the Three 34 Strengthening Technology Innovation Leader- 73
Wastes and Reducing Pollution ship
02 Acting for Good Building a Harmonious Society
Empowering Employee Well-being and Devel- 37
opment
Advancing Customer Value Co-creation 48
Building a Responsible Supply Chain Network 52
Deepening Harmonious Community Develop- 55
ment
01 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 02｜ About This Report ｜ ｜ About This Report ｜
About This Report
Reporting Period Preparation Process
This report is the fifth sustainability report released by China Resources Chemical Innovative Materials Co. Ltd. The report was prepared through a series of steps including peer benchmarking questionnaire surveys information
Adhering to the principles of objectivity comprehensiveness standardization and transparency this report provides collection information verification report drafting management review and approval Board deliberation and public
a detailed account of the Company’s management approach notable practices and annual performance in environ- disclosure in order to ensure the completeness authenticity and balance of the information presented.mental social and governance (ESG) areas in 2025.Reporting Scope Data Statement
Unless otherwise specified this report primarily describes the practices and performance of China Resources Chemi- The data used in this report is derived from the Company’s operational raw data annual financial data internal
cal Innovative Materials Co. Ltd. and its subsidiaries from January 1 2025 to December 31 2025 in key areas includ- statistical reports third-party evaluations and interviews and other relevant sources. Unless otherwise specified the
ing green development employee growth workplace safety win-win partnerships social contribution sound financial data contained in this report are denominated in RMB. In the event of any discrepancy between this report
governance integrity in business operations and technological innovation. Certain content may also refer back to and the financial report the financial report shall prevail.
2025 and earlier years or extend to 2026.
Organizational Scope Quality Assurance
This report covers China Resources Chemical Innovative Materials Co. Ltd. and its affiliated entities. For ease of The Company undertakes that this report contains no false records or misleading statements and assumes respon-
expression “China Resources Chemical Innovative Materials” the “Company” and “we/us/our” refer to China sibility for the authenticity accuracy and completeness of its contents.Resources Chemical Innovative Materials Co. Ltd.; “Changzhou Base” refers to Changzhou Branch of China Resources
Chemical Innovative Materials Co. Ltd.; and “Zhuhai Base” refers to Zhuhai China Resources Chemical Innovative
Materials Co. Ltd. In this report “China Resources Group” “China Resources” and the “Group” are abbreviated refer- Access to the Report
ences to China Resources (Holdings) Co. Ltd. This report is published in both printed and electronic forms. The electronic version is available for download and
reading on the Company’s official website (https://www.crcchem.com/). To reduce the environmental impact of
Preparation Basis printing we encourage readers to access and read the electronic version whenever possible.This report is prepared with reference to the Global Reporting Initiative (GRI) Standards the Guiding Opinions on
Better Fulfillment of Social Responsibilities by Central State-owned Enterprises in the New Era and the Guiding Opin-
ions on Better Fulfillment of Social Responsibilities issued by the State-owned Assets Supervision and Administration Contact Information
Commission of the State Council，the General Framework of Guidelines on Corporate Sustainability Reporting for Office Address: Floors 11–12 and 14 Building 3 Linghang Tower Xinbei District Changzhou Jiangsu ProvinceChinese Enterprises (CASS-ESG 6.0) issued by the China Enterprise Reform and Development Society and the CSR Postal Code: 213000
Cloud Research Institute the Guidelines No.2 for Self-regulation of Listed Companies—Normative Operations on the Tel: 0519-85177777
ChiNext Listed Companies and the Guidelines No.17 for Self-regulation of Listed Companies—Sustainability Reports
(Trial) issued by the Shenzhen Stock Exchange as well as “1+N” Social Responsibility Indicator Management Manual
of China Resources Group. Meanwhile in the Report we take into full consideration the expectations of stakeholders
and incorporate our specific ESG practices.
03 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 04｜ Message from the Chairman ｜ ｜ Message from the Chairman ｜
Message from the Chairman
The year 2025 marked a pivotal juncture for concluding the 14th principle of “dual cores and one driving force” we advanced
Five-Year Plan and laying the groundwork for the 15th Five-Year the implementation of the “Six Refinements strategy” continuously
Plan. By focusing on green and low-carbon development strengthening the Company’s core advantages in cost control
technological innovation and responsible governance as our key product innovation and customer service. We further
drivers we made a breakthrough against headwinds and improved and optimized our innovation system reinforced the
maintained steady progress. Through concrete actions we have alignment between R&D and the market and enhanced the
embodied the true essence of sustainable development and efficiency of innovation commercialization. We also steadily
continued to drive high-quality corporate growth. advanced the deepening reform and enhancement initiative
as well as the benchmarking initiative against world-class
Pressing ahead under pressure and delivering a new chapter management practices. By leveraging the demonstrative
in transformation and development.Amid the profound adjustment effect of the “Double Hundred Action” we continuously
period following the concentrated release of production capacity in improved our governance structure talent mechanisms and China Resources Chemical
the polyester bottle chip industry the Company sought opportunities incentive approaches thereby fully unleashing organizational Innovative Materials Co. Ltd.in the face of challenges and opened new horizons amid vitality and creative potential.changing circumstances. In the third quarter it successfully Chairman
returned to profitability on a single-quarter basis while for the Achieving product breakthroughs and shaping new advantages
full year net profit attributable to shareholders of the parent for industrial upgrading.We remained committed to using Yan Xianjun
company recorded a substantial year-on-year reduction in product breakthroughs to lead a new journey of sustainable
losses. Operating quality improved steadily and solid business development. In the field of rPET we successfully developed a
performance provided strong evidence of the effectiveness of series of products containing 25% ~ 50% recycled bottle flakes
the Company’s strategic transformation. becoming the first enterprise in China to achieve large-scale
production of chemical “bottle-to-bottle” recycling technology.Forging the soul through Party building and inspiring a Our PETG products continued to consolidate their leading
stronger commitment to action and responsibility.We position in the domestic cosmetics packaging market while
remained committed to the deep integration of Party leadership actively expanding into emerging sectors such as 3D printing.with corporate governance giving full play to the role of Party Cooperation with key customers continued to deepen market
organizations and Party members and embedding Party share increased steadily and the product structure was further
building throughout all aspects of the Company’s development. innovated and optimized.Through a series of Party building themed initiatives such as
“Strengthening Reform and Advancing Toward Targets” we Laying a green foundation and painting a new picture of
inspired employees’ spirit of perseverance and fostered a practical ecological harmony.Closely aligned with the national dualresponsible working style. Leveraging initiatives such as “Discus- carbon goals we fully implemented our carbon peaking actionsions on the Development of Chemical Materials” and “I Do plan and carbon emissions management requirements andPractical Things for the People” we encouraged employees to further advanced the “Eight Actions for Carbon Peaking.” We
voice their views openly responded effectively to their reasonable actively introduced new energy-saving and carbon-reduction
concerns and brought together a powerful synergy of shared technologies equipment and processes driving the continuous
purpose commitment and accountability. decline of energy consumption and carbon emissions. We also
deepened the development of our environmental management
Empowering development through talent and gathering new system thoroughly implemented the philosophy of green
momentum for co-creation and shared success.We have development and integrated ecological and environmental
always regarded talent as the foremost resource for corporate protection requirements throughout all areas and processes of
development and coordinated efforts to strengthen leadership production and operation. At the same time we continued to
teams at all levels and build a strong backbone of professional advance green manufacturing. The Changzhou Base was recognized
personnel. We continued to improve talent development and as a “Jiangsu Provincial Green Factory” and the Zhuhai Base
promotion pathways refined the cultivation system for skilled initiated its application for designation as a municipal-level
talent pipelines and further optimized incentive and restraint green factory.mechanisms. We also focused on deepening collaboration
among industry academia research and application working Looking ahead to the 15th Five-Year Plan period we will
with universities and research institutes to enhance collaborative remain focused on the goal of becoming an enterprise special-
innovation and joint talent development thereby creating a izing in internationally competitive new chemical materials
cooperative ecosystem built on complementary strengths. In addition and committed to pursuing higher-end smarter and more
we carried out targeted initiatives such as consumption-based eco-friendly development. We will lead industrial upgrading
assistance for rural revitalization and industrial support through technological innovation reshape our competitive
programs giving back to society and fulfilling our responsibilities advantages through green and low-carbon development
through concrete actions. demonstrate greater achievements in fostering a new
development paradigm and take more solid and forceful steps
Breaking new ground through reform and unleashing fresh on the new journey of serving national strategies and empow-
vitality for innovation-driven development.Guided by the ering industrial upgrading.
05 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 06｜ About China Resources Chemical Innovative Materials ｜ ｜ About China Resources Chemical Innovative Materials ｜
About China Resources Chemical
Innovative Materials
Company Profile
China Resources Chemical Innovative Materials Co. Ltd. is a first-level business unit within the technology and
emerging industries segment of China Resources Group and serves as the Group’s core platform for the develop-
ment of its new materials business. The Company is principally engaged in the research and development
production and sales of bottle-grade PET chips and organic polymer new materials. It operates production bases
in Changzhou and Zhuhai with an annual production capacity of 2.1 million tonnes of PET and 50000tonnes of PETG. The Company has received numerous honors including “the Second Prize of the National Awardfor Scientific and Technological Progress” the title of “National Civilized Unit” and “the Second Prize for NationalEnterprise Management Modernization Innovation Achievements”.The Company’s products are marketed worldwide and are widely used in beverages edible oil alcoholic beverage
packaging medical blood collection tubes films and sheets. It serves many well-known domestic and internation-
al customers including Coca-Cola Evian Nongfu Spring Wahaha C’estbon Dingjin and Wuliangye. Its “Hualei”
brand bottle-grade PET chips are widely recognized in the industry as a reputable food-grade polyester chip
brand. By leveraging technological innovation to advance the circular economy the Company has achieved
production of recyclable PET bottle flakes at a relatively high recycled content ratio and has obtained Coca-Cola’s
global green and low-carbon certification becoming the first enterprise in China to realize “bottle-to-bottle”
technology.Upholding the value philosophy of “Harnessing the Power of Technology to Shape a Better Life” the Company
remains committed to its “2+N” strategy continuously strengthening its core functions and core competitiveness
actively fostering new quality productive forces and striving to build strategic capabilities of national significance.With a firm commitment to better serving everyday life the Company is dedicated to becoming an internationally
competitive chemical new materials enterprise in the polymer sector that is technologically advanced and trusted
by customers.China Resources Chemical Innovative Materials Co. Ltd.Vis
ion C
te
orp
ra Corporate Vision Corporate Values
To become a chemical new materi- Integrity Performance-driven Peo-
als enterprise that is trusted by ple-oriented Win-win cooperation
customers innovation-leading and
Cultural internationally competitive
Guidance
at
l eClim ate
M
ate Corp
or
Polyester Business PETG Business Corporate Mission Corporate Organizational
Creating Better Lives through Climate
Chemical Materials Sincerity Unity Openness Progressiveness
Changzhou Base Zhuhai Base ZhuHai Factory
07 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 08
Corpo
ission
Valu
es
ate
or
r
orp
o
C on
a
niza
ti
Orga
Discipline Inspection Commission Office
Legal Compliance and Audit Department
Intelligence and Digitalization Department
Finance Department
Environment Health and Safety Department
Engineering and Equipment Department
Marketing Management Department
Procurement Management Department
Operation Management Department
Technology Center
Strategic Development Department
HR & Party Affairs Department
Office｜ Our Sustainability Journey ｜ ｜ Our Sustainability Journey ｜
Our Sustainability
Journey
Strengthening Sustainability Governance
Enhancing Sustainability Capabilities
Materiality Analysis
Stakeholder Communication
09 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 10｜ Our Sustainability Journey ｜ ｜ Our Sustainability Journey ｜
Strengthening Sustainability Governance Enhancing Sustainability Capabilities
The Company regards the development of its sustainability capabilities as a key priority. Closely aligned with regula-
Governance Strategy tory requirements mainstream disclosure guidelines and industry standards and drawing on advanced practices
The Company adheres to the Social Responsibility 14th Five Year Plan of China Resources Group aiming to become from industry peers the Company regularly publishes its annual sustainability report actively improves relevant
a reliable capable and responsible enterprise. We integrate sustainability into our strategic planning enhance our internal mechanisms and delivers ESG-focused training to enhance ESG ratings so as to continuously strengthen
sustainability strategy framework and define five key strategic themes. Meanwhile we are committed to embedding the awareness of and capacity for sustainable development.the sustainability concept throughout our operation and growth processes.Authoritative Recognition
01 In August 2025 according to the Wind ESG Ratings the In September 2025 the Company received a Five-Star Excellence
The Company has formulated such policies as the Company’s rating was upgraded from A to AA ranking Rating and was included in two authoritative lists: the Top
Sustainability Measures for the Administration of External Dona- fourth in the basic chemicals industry. 100 ESG-listed Companies in the Yangtze River Delta and
Governance tions the Measures for the Administration of Social the Top 100 ESG-listed Central SOE Pioneers in China.Responsibility Projects and the Working Rules of the
Board Strategy and Sustainability Committee incor-
Green and
05 Sustainable Low-Carbon 02 porating ESG-related matters into its existing Product Environmental
Innovation Stewardship management system to promote the active fulfillment Five Strategic Themes
of the Sustainability of social responsibilities standardize the sustainability
Strategy Framework process and comprehensively enhance its capability
to practice sustainable development.Wind ESG Rating: AA “Five-Star Excellence Rating”
Digital and Intelligent Employee During the reporting period the Company revised
Empowerment of the Well-being and the Working Rules of the Board Strategy and
Industrial Chain Development
Sustainability Committee further strengthening the In November 2025 the Company was selected for the In December 2025 the Company was honored with the
04 03 Top 100 of the Third “ESG Golden Bull Awards” overall guidance of its long-term development 2025 ESG Whale Bull Award – ESG Pioneer Enterprise.organized by China Securities Journal.
strategy and ESG work improving the effectiveness
of sustainability governance and supporting the
Company in identifying operational risks and
advancing high-quality development.Organizational Structure
Board of Directors “Top 100 in the ESG Golden Bull Awards” “ESG Whale Bull Award – ESG Pioneer Enterprise”
Makes decisions on the Company’s ESG development
strategy direction and major matters
Decision-
making Strategy and Sustainability Committee
Level Studies and makes recommendations on the Company’s Training and Capacity Building
long-term development strategy major investment On February 28 2025 the Company organized a training
decisions and sustainability-related matters; reviews the
Company’s sustainability-related reports; identifies risks session on dual-carbon policies and carbon verification
in the Company’s operations and proposes improvement inviting external experts from IPE to provide in-depth
Management recommendations explanations on key topics including climate policy
Level trends carbon emissions accounting emissions reduc-
Office functional departments tion target setting and information disclosure.and business departments
As the lead department for ESG-related work the Office
integrates the Company’s ESG strategy into its operation
Execution and management and coordinates the implementation of
Level various ESG initiatives; functional departments and business departments in accordance with their ESG
responsibilities coordinate the collection review and
submission of data on major topics within their respec- Training on Dual-Carbon Policies and Carbon Verification
tive areas of responsibility
11 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 12｜ Our Sustainability Journey ｜ ｜ Our Sustainability Journey ｜
Materiality Analysis Environment Technological InnovationChemical Safety
Social
The Company conducted a comprehensive assessment of macro policy directions and industry development trends taking Governance
into account its own strategic planning and the core concerns of stakeholders benchmarking against domestic and Risk and Compliance Management
international ESG standards and engaging external experts to identify assess and report on material topics. Occupational Health and SafetyUpholding Party Building Leadership Resource Utilization and Circular Economy
Research Development and Innovation
Sustainable Supply Chain Management Energy Management Anti-Bribery and Anti-Corruptionof Green and Low-Carbon Products
Identifying Issues by Benchmarking Standards Product and Service Safety and QualityPollutant Emissions and Waste Management
Employee Development and Training
With reference to domestic and international standards including the GRI Standards the General Framework of Guidelines Climate Change ResponseEnvironmental Compliance Management
on Corporate Sustainability Reporting for Chinese Enterprises (CASS-ESG 6.0) the Guidelines No.2 for Self-regulation of
Anti-Unfair Competition
Listed Companies—Normative Operations on the ChiNext Listed Companies and the Guidelines No.17 for Self-regulation of Customer Service and Satisfaction
Listed Companies—Sustainability Reports (Trial) and in close alignment with macro policy directions and industry trends Deepening State-Owned Enterprise Reform Data Security and Customer Privacy Protection
such as China’s dual-carbon strategy and the cultivation of new quality productive forces the Company identified material Optimizing Corporate GovernanceEmployee Rights and Benefits
topics that have significant impacts on both its own development and its stakeholders based on the actual circumstances
Stakeholder Communication
of its business in the R&D production and sales of polyester materials and new materials.Assessing stakeholder interests and expectations Social Contribution
In strict adherence to the principle of double materiality the Company conducted stakeholder surveys and interviews from
two dimensions: the financial materiality of topics to the Company and their impact materiality on the economy society Ecosystem and Biodiversity Protection
and the environment. The survey covered key stakeholder groups including shareholders and investors customers Supporting Rural Revitalization
employees suppliers and business partners regulatory authorities and communities with a view to gathering stakeholder
expectations and continuously updating and refining the list of material topics. Impact on China Resources Chemical Innovative Materials’ Financial Performance
Assessing Prioritizing and Determining Key Topics
Using a combination of quantitative questionnaire analysis and qualitative assessment the Company carried out materiality Stakeholder Communication
evaluations of various topics. Based on the strategic judgment of internal management and the professional opinions of The Company attaches great importance to communication and interaction with its stakeholders and has established
external experts the Company determined the priority of each topic developed a materiality matrix and focused in this long-term stable well-regulated and orderly channels for communication and oversight. It actively promotes its sustain-
report on responding to the core issues of greatest concern to stakeholders. ability philosophy and communicates the achievements of its social responsibility initiatives.Stakeholders Expectations and Concerns Communication and Response Mechanisms
Materiality Matrix Government Compliance with laws and regulations Compliance with laws and regulationsTax payment in accordance with the law Proactive tax payment
and Regulatory Support for local development Information reporting
Authorities Commitment to environmental protection Acceptance of supervision and inspection
Investment returns Strengthening internal control systems
Environment Shareholders Improved information disclosure Regular report disclosureand Investors Enhanced profitability Investor research and communication
1. Climate Change Response Stronger core competitiveness Performance briefings
2. Pollutant Emissions and Waste Management
3. Energy Management Compensation and benefits Employee forums
4. R&D and Innovation in Green and Low-Carbon Products Career development opportunities Career development and trainingEmployees Rights and interests protection Rights protection mechanisms
5. Environmental Compliance Management Health and safety Workplace safety management
6. Ecosystem and Biodiversity Protection
7. Resource Utilization and Circular Economy Customer visits and exchanges
Social High-quality products Satisfaction surveys
Customers Excellent services Continuous improvement of product
8. Supporting Rural Revitalization
Governance Service quality9. Chemical Safety
10. Employee Rights and Benefits Honoring contracts Performance of contracts in accordance with the law
11. Occupational Health and Safety 19. Upholding the Leadership of Party Building
Suppliers and Maintaining good faith Public disclosure of tender information
Business
12. Employee Development and Training 20.Stakeholder Communication Equal cooperation Supplier communication and cooperation
13. Sustainable Supply Chain Management 21. Risk and Compliance Management Partners Mutual benefit Strategic partnerships
14. Product and Service Safety and Governance 22. Optimizing Corporate Governance
23. Deepening SOE Reform Development of environmentally friendly products15. Customer Service and Satisfaction Energy conservation and emissions reduction Construction of green factories
16. Data Security and Privacy Protection 24. Anti-unfair Competition Environment Ecological protection Increased environmental investment
17. Technological Innovation 25. Anti-commercial Bribery and Anti-corruption Rational resource utilization Promotion of green development concepts
18. Social Contribution
Materiality
Communities Promotion of local employmentSupport for social development
Matrix Volunteer service activitiesand the Public Participation in public welfare initiatives Industrial assistance
13 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 14
Impact on the Environment Society and Corporate Governance｜ Green Cycle Infinite Innovation ｜ ｜ Green Cycle Infinite Innovation ｜
Green Cycle
Infinite Innovation
China Resources Chemical Materials has consistently regarded the
efficient use of resources and the development of a circular economy
as core strategic priorities while fostering new quality productive forces
through technological innovation.In 2024 the Company achieved an industrialization breakthrough in its
chemical “bottle-to-bottle” rPET technology becoming the firstenterprise in China to establish a chemical recycling process from “usedbottles to new bottles.” In 2025 the Company completed a strategic
leap from a “technology breakthrough pioneer” to a “definer of circulareconomy standards.”
Breaking Through via Circularity:
Navigating Industry Cycles with Resilience
Synergizing Digital & Green Transitions:
Leading Industry Upgrades through Benchmarking
15 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 16｜ Green Cycle Infinite Innovation ｜ ｜ Green Cycle Infinite Innovation ｜
Breaking Through via Circularity: CR CHem Chemical Recycling
Navigating Industry Cycles with
Resilience
Breakthroughs in rPET Technology
Against the backdrop of plastic recycling and regeneration becoming a key issue in
promoting a green recovery of the economy the Company has driven the transfor-
mation and upgrading of the circular economy through technological innovation
Crude Oil Refining PET Resin PET Products
achieving a leap in its semi-chemical “bottle-to-bottle” rPET technology from indus-
trialization breakthrough to standards leadership.Chemical Depolymerization rPET Resin rPET Bottles
Breakthroughs in Industrialization and Certification
Since 2017 the Company has been deeply engaged in the R&D of food-grade
recycled rPET polyester products and has gradually developed chemical recy-
cling bottle-to-bottle rPET technologies with recycled PET content levels of 10% Recycled PET Flakes Washing & Crushing Post-Consumer PET Collection
25% and 35%–50% respectively. In 2024 the Company achieved mass produc-
tion of 25% rPET and exported it to countries participating in the Belt and Road
Initiative becoming the first domestic enterprise to obtain Coca-Cola certifica-
tion for a chemical recycling route for food-grade rPET polyester reaching a
leading level in China and an advanced level internationally. Standards Leadership and
Industry Advancement
The Company has actively participated in the
During the reporting period the Company’s sales volume of 25% rPET formulation and revision of national and indus-
food-grade recycled polyester reached from 16000 to 34000 tonnes try standards contributing to the high-quality
representing a year-on-year increase of 113%. development of the industry. During the
Over the course of the year approximately 8600 tonnes of recycled waste reporting period the China Chemical Fibers
Association released the Association Standard
PET flakes were used equivalent to the recycling and reuse of about 477 for Recycled Polyethylene Terephthalate (rPET)
million discarded plastic bottles reducing carbon emissions by approximately Resin for Bottles which was led and developed Leading the formulation of the Group Standard
25000 for Recycled Polyethylene Terephthalate (rPET) Resin for Bottles tonnes. by the Company.
17 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 18
Commercial Distribution & Consumption｜ Green Cycle Infinite Innovation ｜ ｜ Green Cycle Infinite Innovation ｜
Expanding PETG Application Scenarios The Changzhou Base constructed a distributed photovoltaic
power station by utilizing the rooftops of buildings within the
The Company achieved a technological breakthrough successfully developing a preparation technology for environ- plant area covering approximately 79800 square meters with an
mentally friendly copolyester materials thereby filling the domestic gap in this area. Positioning its products in the installed capacity of 10.75 MW. The project passed acceptance in
daily chemical packaging materials market the Company successfully secured international brand customers and March 2025. After being put into operation it is expected to
has become a key supplier of domestic copolyester materials for the daily chemical packaging sector. generate approximately 10.5 million kWh of electricity annually
save about 3045 tonnes of standard coal per year and reduce
During the reporting period the Company actively expanded into emerging application fields such as 3D printing carbon dioxide emissions by approximately 7490 tonnes annually.medical care home appliances and films. Among them sales in the 3D printing application area grew by 270%
year-on-year. By developing tailored products for these applications the Company enhanced product-process As of the end of the reporting period the project had generated
compatibility and customer service further increasing its market share. a cumulative net output of 11.5216 million kWh equivalent
to 1416 tonnes of standard coal.Deepening New Materials R&D
Focusing on core directions in the field of new materials the Company continued to make sustained efforts in key
technologies such as high-temperature-resistant copolyesters recycled polyester titanium-based catalysts differen-
tiated nylon and high-barrier materials. Multiple R&D achievements were successfully industrialized and annual
Waste Heat Natural Gas
sales revenue from differentiated polyester products exceeded RMB 80 million. Power Energy-saving Differential Pressure
Generation Performance Power Generation
Expanding Differentiated Nylon Products.The Company together with China Resources Double-Crane Pharma- Project Project
ceutical Co. Ltd. launched the Collaborative Innovation Project for the Bio-based Pentamethylenediamine–Nylon 46
Industrial Chain. Using bio-based 14-butanediamine independently developed by the China Resources
Double-Crane Synthetic Biology Research Institute as a key raw material the project has been included in the first
batch of landmark biomanufacturing products released by the Ministry of Industry and Information Technology of
China and is dedicated to advancing the industrialization of high-performance Nylon 46. Photovoltaic
Power
Generation
Project
Synergizing Digital & Green Transitions:
Leading Industry Upgrades through Benchmarking
Establishing a 5G Smart Factory Annual net power generation of Annual net power generation of Annual net power generation ofThe Company launched the development of a “5G + Industrial 3102.4 MWh 1943.0 MWh 177.1 MWhInternet” initiative taking the lead at its Changzhou Base in
exploring the integrated application of 5G technology in produc-
tion and operations.In September 2025 the Changzhou Base was included in the 2025
National 5G Factory Directory issued by the Ministry of Industry and Refining Best PracticesInformation Technology becoming a benchmark for digital transfor- The Company has systematically distilled its integrated practical experience in “5G + Industrial Internet + green andmation in the chemical industry. In partnership with China Mobile low-carbon development + ESG governance” into a replicable and scalable methodology for industry transformation.the factory achieved full 5G network coverage across the entire From Changzhou to Zhuhai the China Resources model is being replicated; from “green factory” to “green brand”
plant area with an overall coverage rate of 99.96%. the Company’s influence continues to expand.The Company has consistently aligned itself with regional
Deepening Green Manufacturing development and by practicing ESG principles to high standards has continued to deepen its efforts in green
The Company steadily advanced the Eight Actions for Carbon Peaking while promoting new technologies equip- production social responsibility and sound governance. In
ment and processes for energy conservation and carbon reduction. Energy-saving transformation projects including doing so it has injected strong momentum into its own
natural gas differential pressure power generation power generation from surplus esterification steam and distrib- high-quality development and demonstrated the proactive
uted photovoltaic systems were implemented in a steady and orderly manner. commitment of a central state-owned enterprise.
19 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 20｜ Pursuing Green Development for a Shared Ecological Future ｜ ｜ Pursuing Green Development for a Shared Ecological Future ｜
Pursuing Green 01
Development for a Shared
Ecological Future
The ecological environment is an important cornerstone of corporate
sustainable development. China Resources Chemical Innovative Materials
integrates environmental responsibility throughout the entire process
of its operations and development adheres to the philosophy of
green and low-carbon development and proactively fulfills its mission
of ecological protection and environmental governance. Focusing on
key areas such as energy conservation and emissions reduction
efficient resource utilization and pollution prevention and control the
Company adopts pragmatic measures to reduce its environmental
impact safeguards the ecological environment through responsible
environmental practices and steadily advances green high-quality
development.Key Indicators
Both the completion rate for comprehensive energy consumption per
RMB 10000 of output value and the completion rate for carbon dioxide
emissions per RMB 10000 of output value exceeded target levels.Total greenhouse gas emissions (Scope 1 + Scope 2 + Scope 3):
3816581.54 tonnes of CO? equivalent.
Investment in energy conservation and environmental protection
reached RMB 9.9 million.Comprehensive waste utilization rate: 95.88%.UN SDGs
21 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 22｜ Pursuing Green Development for a Shared Ecological Future ｜ ｜ Pursuing Green Development for a Shared Ecological Future ｜
Addressing the Challenges of Climate Change Eight Priority Tasks
Guided by the “Dual Carbon” Strategy
Energy and Resource Conservation and
The Company firmly implements the major national strategic objectives of carbon peaking and carbon neutrality actively Green and Low-Carbon Transformation Carbon Reduction Initiative
advances the coordinated formulation of climate action policies and strategies has developed the Carbon Peaking Action Plan and Establish a plastics recycling system; Improve energy conservation management;
implement key energy-saving and carbon-reduction
steadily carries out various carbon reduction initiatives making every effort to promote green low-carbon and high-quality develop and promote recycled and lightweight PET products; develop new 01 02 projects; establish an internal resource recycling
development. products to reduce energy consumption and and reuse system; and promote the coordinat-
The Company has always attached great importance to ecological and environmental protection and conducts regular monitor- carbon emissions. ed development of the social green circular
economy.ing of key pollutant emissions as well as energy-saving and carbon-reduction efforts. The Company’s two major production
bases in Changzhou and Zhuhai collect monthly data on pollutant emissions water consumption electricity consumption and
natural gas consumption and compile them into the Summary Statistical Report on Energy Conservation and Emissions Reduc-
tion Monitoring. Through detailed analysis of year-on-year and month-on-month changes in the data and timely investigation Cultivation of Carbon Neutrality-oriented Green and Low-Carbon Technological
of fluctuations exceeding 5% the Company ensures that energy conservation carbon reduction and environmental manage- New Business Innovation Seize development opportunities arising from the
ment measures are effectively implemented. Build a green and low-carbon technology national dual-carbon goals; introduce advanced
innovation platform; strengthen innovation
The Company has also advanced innovative digital applications by establishing an integrated digital EHS management platform. domestic and international low-carbon zero-car-capabilities and talent cultivation in green and 03 04
It has identified 15 core control indicators and designed eight major functional modules covering scenarios such as hazardous bon and negative-carbon technologies; create low-carbon development; and advance the low-carbon and zero-carbon zones; and participate
operations and closed-loop rectification of hidden risks. Supported by data visualization and intelligent early-warning functions application of key green and low-carbon in the development of demonstration projects for
technologies.the platform enables dynamic analysis of key indicators full-process monitoring of special operations and automatic alerts for low-carbon and zero-carbon industrial parks.permits and licenses thereby establishing a full-chain EHS management mechanism and comprehensively enhancing manage-
ment effectiveness and control efficiency.Carbon Emissions Management Capability
By 2025 the Company aims to make positive progress Leveraging Green Finance to Support Core“ “By 2030 the Company aims to achieve significantEnhancement
Business
in the R&D promotion and application of green and 05 06 Improve carbon emissions data management results in its comprehensive green and low-carbon Utilize green financial products and services to low-carbon technologies reduce comprehensive capabilities; and enhance the professional Dual-Carbon transformation bring the energy efficiency of its PET provide financial support for the Company’s competence of carbon emissions management energy consumption per RMB 10000 of output value by green and low-carbon transformation.Targets business close to the advanced level of world-class personnel.10% compared with 2020 and reduce carbon dioxide
enterprises and reach its peak carbon emissions by
emissions per RMB 10000 of output value by 5%
2028.
compared with 2020.” ” Company-wide Green and Low-Carbon
The reporting period marked the concluding year of the Company’s first dual-carbon target phase. The Company exceeded its Participation Comprehensive Green and Low-Carbon
Give full play to the guiding role of green and
first-stage targets with the completion rate for comprehensive energy consumption per RMB 10000 of output value reaching Cooperation low-carbon production and consumption;
106.19% and the completion rate for carbon dioxide emissions per RMB 10000 of output value reaching 126.3%. Various carbon Strengthen cooperation with customers and advocate green and low-carbon working and 07 08 suppliers in the R&D and application of
reduction green and low-carbon development measures were effectively implemented and delivered tangible results. living styles; and strengthen publicity and low-carbon technologies.education on green and low-carbon develop-
ment.Adhering to technology leadership and a goal-oriented approach
strengthen technological innovation promote green technologies featuring low-carbon Innovation Empowering Carbon Reduction
zero-carbon and negative-carbon characteristics advance the transformation of high
energy-consuming businesses and define development tasks with clear objectives.Actively responding to the national dual-carbon strategy and the requirements for green development the Company has
focused on addressing key pain points in the polyester industry including resource waste and low recycling rates and has
established a long-term mechanism for green and high-quality development. The Company successfully overcame key
Adhering to coordinated planning and synergistic development technical bottlenecks in chemical recycling-based food-grade rPET polyester developed its proprietary chemical recycling
enhance overall coordination improve supporting mechanisms integrate green and process took the lead in achieving industrialization and expanded into overseas markets with product sales continuing to
low-carbon development throughout all aspects of operations and improve both rise. During the reporting period the project had recycled and reused 12003 tonnes of recovered PET flakes enabling the
economic and social benefits. high-value reuse of approximately 670 million waste plastic bottles and reducing carbon emissions by 35962 tonnes.Improving the Management Framework
Adhering to the principle of conservation first and carbon reduction at source The Company has established a Leading Group for Carbon Peaking and Carbon Neutrality and designated the principal person
prioritize energy conservation optimize the energy structure steadily reduce carbon in charge of each subordinate enterprise as the primary person responsible for dual-carbon efforts while members of the
emissions through cleaner production and earnestly fulfill social responsibilities. management team work in coordination to ensure effective implementation. At the same time dual-carbon initiatives have been
incorporated into the key agenda of executive education and training continuously enhancing management’s capability to fulfill
its responsibilities in advancing green and low-carbon development and providing a solid organizational foundation for the
Company’s low-carbon transformation.
23 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 24
Basic Principles｜ Pursuing Green Development for a Shared Ecological Future ｜ ｜ Pursuing Green Development for a Shared Ecological Future ｜
Identifying Risks and Opportunities
The Company closely follows the prevailing trend of low-carbon development optimizes the layout of its green business portfolio
and proactively identifies climate change-related risks and opportunities.Climate Risk Identification Climate Opportunity Identification
Climate Risk Risk Time Financial
Type Category Risk Description Horizon Impact Measures Opportunity Type Opportunity Description Response Measures
In response to the hot and humid
climate conditions in South China the Demand for bio-based materials continues to
Company has replaced existing equipment
with energy-efficient cooling systems to rise helping the Company expand into new
Formulate an innovation-driven development
Risks such as rising tempera- markets increase market share and grow strategy develop bio-based materials and
tures may lead to increased reduce energy consumption; revenue; deepen efforts in recycled materials optimize
energy consumption higher Increased Adjusted employees’ working hours to Green Product
Chronic Short-term Operating prevent heat-related incidents; The circular economy is also driving the
processes expand channels and comprehen-
cooling-related energy use and Market development of recycled materials creating sively enhance core market competitiveness;
equipment wear and may also Costs And established a monitoring and new profit growth points and enhancing Leverage locational advantages to expand
affect employee safety at work. intelligent early-warning mechanism for PETG applications in emerging fields such as facility operating conditions through economic performance and sustainability
capabilities. daily chemical packaging and 3D printing.digital technologies thereby optimizing
the efficiency of operations and mainte-
nance management.Risks such as typhoons may In view of the high incidence of typhoons By leveraging its industrial strengths the
cause damage to buildings and in coastal areas the Company has Company can deepen the R&D and applica- Formulate a technological innovation strategy
Physical equipment result in casualties established dedicated emergency response tion of low-carbon processes reduce carbon
increase investment in low-carbon and energy
and major property losses lead plans regularly conducted typhoon and emissions in production improve energy storage R&D deepen industry-academia-
Risks to production disruptions and Increased flood prevention drills relocated Technological efficiency control costs and strengthen research collaboration improve incentive
generate costs associated with Short-term Operating resources to safe areas and promptly competitiveness; mechanisms and strengthen sustainable
idle equipment delayed order Costs evacuated personnel to safeguard
Innovation
At the same time it can expand the boundaries innovation capabilities;
delivery and contractual compen- operational continuity; of its new materials business promote diversi- Advance energy-saving and carbon-reduction
sation thereby affecting the It has also optimized drainage systems fied development and further enhance market projects to continuously reduce production
Company’s market reputation and in advance and reinforced protective position and risk resilience. energy consumption.weakening its competitiveness. facilities and equipment.Acute
Unstable raw material supply may
affect the Company’s normal
production planning potentially Incorporate energy conservation green and
resulting in production disruptions low-carbon development and carbon peaking Establish stable transportation channels
or reduced output and increasing and carbon neutrality efforts into the 15th for bulk raw materials;
production costs as the Company Strengthen supply chain risk manage- Supportive policies for green industries can
Five-Year strategic plan and formulate and
may need to procure raw materials Increased reduce the cost of green transformation and implement a task list for green development;
at higher prices or seek alterna- ment and establish a risk early-warn-Short-term Operating accelerate the pace of transition; improve management systems for energy tive suppliers which may in turn ing mechanism; Costs conservation carbon reduction and ecological
affect product quality and stability; And build close cooperative relationships Opportunities arising from participation in
Delays in fulfilling customer orders with logistics service providers to jointly Policy the carbon market can increase the value of
and environmental protection and strictly
may also damage the Company’s respond to emergencies.implement special inspection and rectification
Support carbon assets and encourage greater emissions
reputation and could lead to reduction efforts;
plans;
customer loss. Policy guidance can also optimize the competi-
Establish a policy research team to keep
tive landscape of the industry helping improve abreast of policy developments and actively
cost efficiency and sustainable competitive- apply for fiscal subsidies tax incentives and
Environmental protection require- ness. special R&D funding; Strengthen carbon asset
Policy and ments under laws and regulations
Continuously monitor relevant laws and
Increased management establish a carbon emissions
are becoming increasingly stringent Long-term regulations make timely adjustments Management monitoring and management system optimize Legal Risks making corporate compliance and carry out rectification of non-compli-Costs the carbon emissions structure and actively
more challenging. ant projects. participate in carbon market trading.The development of green and Impairment Apply green and low-carbon technologies
Technology low-carbon technologies may render Medium- of Fixed and equipment and upgrade outdated
existing technologies obsolete. term Assets equipment. Deepening industry-academia-research collabo-
Transition ration can enhance the Company’s techno- Deepen industrial chain collaboration and
Risks The market increasingly demands Develop green products aligned with Decline in logical innovation capabilities and promote
industry-academia-research cooperation expand
Market products that are green low-car- Long-term environmental trends through innovation green development through external research high-quality domestic and overseas partner-
bonand environmentally friendly. Revenue and upgrading. resources; ships and focus on the development of Cooperation
and Green supply chain cooperation can improve
high-end and green materials;
Environmental compliance viola- the resilience and green competitiveness of
Promote the development of a green supply
Development the entire supply chain; chain and work with suppliers and customers tions or the absence of green to formulate green supply chain standards and
products coupled with growing Increased Proactively and comprehensively disclose Collaboration across the industrial chain and
Reputation norms; Actively participate in industry association societal attention to corporate Medium-
term Management
relevant information and strengthen linkage with global customers can accelerate activities and achieve high-quality development
information disclosure may Costs communication with stakeholders. technological breakthroughs and global
undermine trust in the Company expansion. through open cooperation.if disclosures are incomplete.
25 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 26｜ Pursuing Green Development for a Shared Ecological Future ｜ ｜ Pursuing Green Development for a Shared Ecological Future ｜
Greenhouse Gas Management
The Company has actively carried out greenhouse gas emissions management. With the support of tools such as
the Carbon Explorer Platform it records and verifies its greenhouse gas emissions strictly controls both the total
volume and intensity of greenhouse gas emissions and has established a standardized and normalized mechanism
for greenhouse gas accounting and disclosure. In accordance with the requirements of ISO 14064 the Company
voluntarily conducts an annual carbon inventory and prepares a carbon inventory report to ensure the accuracy and
reliability of carbon emissions data while providing assistance and guidance to various departments in carrying out
carbon reduction and greenhouse gas inventory work.During the reporting period the Company completed its greenhouse gas emissions accounting and disclosed the
relevant data on the Institute of Public &Environmental Affairs (IPE) platform thereby ensuring transparency and
openness and demonstrating the Company’s commitment and actions.Training on EHS Quantification and Energy Conservation
Environmental Protection and Carbon Reduction Data Carbon Management Dashboard
Carbon Footprint Certificate for Polyester Chips Products
Advancing Circular Resource Utilization
On February 6 2025 the Company organized a training
session on EHS quantification and the consolidation of data
related to energy conservation environmental protection Managing Energy and Resources
and carbon reduction. Relevant persons in charge from the
EHS Department designated coordinators for quantitative The Company consistently adheres to green and low-carbon development and regards energy management and
rating across business units and personnel from the rational planning as important components of sustainable development. To this end it has formulated the Measures
carbon management function line participated in the for the Supervision and Administration of Energy Conservation and Carbon Emissions. In daily operations the Com-
training both on-site and online. pany places emphasis on energy conservation and the scientific use of energy and effectively reduces energy
consumption through measures such as optimizing energy utilization methods advancing energy-saving retrofits
and improving energy efficiency.Energy Use Requirements
Statistics on Greenhouse Gas Emissions for the Past Three Years Strengthen full-process energy management adhering to principles of rational energy utilization and conser-
Year Scope 1 Greenhouse Scope 2 Greenhouse Scope 3 Greenhouse
vation priority.Gas Emissions (tonnes) Gas Emissions (tonnes) Gas Emissions (tonnes)
Formulate and implement energy-saving work plans and technical measures.
2023 328982.45 128889.96 671341.28 Strictly control energy consumption and losses and eliminate wasteful practices.
2024 311728.67 121059.18 764092.77 Continuously optimize the industrial structure product mix and energy consumption structure.
Steadily reduce energy consumption per unit of output value and per unit of product and resolutely phase
2025 286275.04 98329.60 3431976.90 out outdated production capacity.
Note 1: Scope 1 greenhouse gas emissions mainly include greenhouse gas emissions from the Company’s consumption of natural gas New Energy Development and Utilization
gasoline for vehicles diesel for forklifts refrigerants septic tanks and production processes.Note 2: Scope 2 greenhouse gas emissions mainly refer to greenhouse gas emissions resulting from the Company’s purchased electricity.Note 3: Scope 3 greenhouse gas emissions mainly include greenhouse gas emissions arising from purchased goods and services All business units shall actively promote the development and utilization of renewable energy and non-fos-
energy-related activities not included in Scope 1 and Scope 2 upstream transportation waste treatment employee commuting and sil energy steadily increase the share of electricity consumption from new energy sources accelerate the
downstream transportation. establishment of a clean low-carbon safe and efficient energy system and continuously advance the
Note 4: In order to improve the accuracy and completeness of greenhouse gas emissions data the Company updated the emission
accounting parameters and accounting boundaries for certain Scope 3 categories. Therefore the data for the year of 2025 are not fully transformation of the energy structure toward greater cleanliness and lower carbon intensity.comparable with those of 2024.
27 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 28｜ Pursuing Green Development for a Shared Ecological Future ｜ ｜ Pursuing Green Development for a Shared Ecological Future ｜
Energy Consumption Analysis Conserving Energy and Resources
Enterprises at all levels shall establish and improve mechanisms for energy consumption statistics and analysis of energy The Company continues to advance efforts in energy and resource conservation constantly optimizing its energy structure
utilization regularly conduct energy use monitoring and analytical assessments promptly investigate the causes of abnormal implementing energy-saving management and benchmarking requirements accelerating the retrofitting of energy-efficient
energy consumption implement corrective measures and continuously enhance the level of refined energy management. equipment and process optimization and phasing out outdated production capacity. At the same time it strengthens the
refined management of energy and resources promotes water conservation material saving and resource recycling and
reuse improves utilization efficiency and is committed to building a resource-efficient and environmentally friendly enterprise.The Company has formulated annual assessment targets for energy conservation and ecological and environmental protec-
tion and has incorporated such assessments into its daily management practices in order to enhance its overall environmental
management capabilities. Energy Conservation Consumption Reduction Efficiency Enhancement and Intensive Resource Utilization
Indicator Type Indicator Unit 2025 Target Requirement 2025 Completion Rate The Company has incorporated energy conservation green and low-carbon development and the dual-carbon goals
into its 15th Five-Year strategic plan formulated a task list for green development and advanced its implementation
Comprehensive energy consump- tonnes of standard coal while continuously improving the utilization of renewable energy. In parallel the Company Department has further
tion per RMB 10000 of output Decrease by no less than 10% 106.19%/ RMB 10000 improved management systems for energy conservation carbon reduction and ecological and environmental protection
value (comparable price basis) and organized all units to carry out special inspections and rectification initiatives thereby systematically enhancing the
Energy
Comprehensive energy consump- Company’s ecological and environmental management capabilities.Consumption tion per RMB 10000 of value tonnes of standard coal Decrease by no less than 8% -94.25%
Indicators added (comparable price basis) / RMB 10000
Comprehensive energy consump- Cleaner Production and Efficient Utilizationtonnes of standard coal
tion per tonne of chemical product Decrease by no less than 5% 103.61%/ tonne
Changzhou Base
Nitrogen oxides (NOx) emissions tonnes Decrease by no less than 50% 106.75%
Emissions Biogas generated by the wastewater treatment station is utilized
Indicators Carbon dioxide emissions intensity tonnes of CO? at the 600000-tonne heat transfer medium station. By leveraging Decrease by no less than 5% 126.30%
(comparable price basis) / RMB 10000 the calorific value of biogas to reduce natural gas consumption
the biogas reuse project entered trial operation on April 29
achieving average daily savings of 1100 cubic meters of
natural gas annual cost savings of RMB 1.48 million and an
annual reduction of approximately 828 tonnes of carbon
dioxide emissions.Developing Circular Economy
The Company adheres to the principles of reduction reuse and resource recovery in developing the circular economy and
focuses on advancing waste recycling energy reuse and resource circular utilization throughout the entire production and
Energy Management System Certification Energy Management System Certification Participated in the formulation of the national
Certificate of Zhuhai Base Certificate of Changzhou Base standard Norm of Energy Consumption per Unit
operational process.Product of Chemical Fiber (GB/T 36889-2025)
During the reporting period the Company participated in the formulation of the national standard Norm of Energy Consump- Waste Recycling and Reuse at Zhuhai Base
tion per Unit Product of Chemical Fiber (GB/T 36889-2025) promoting improvements in industry energy efficiency and The Zhuhai Base has actively promoted waste recycling and
low-carbon transformation at the level of technical standards. reuse. For the 600000-tonne and 500000-tonne units it
implemented a discharge waste recycling project under which
discharged melt is crushed and then fed back into the slurry
Protecting Water Resources tank for recycled slurry preparation. At the same time while
ensuring product quality the Base has expanded the recycling
The Company attaches great importance to the conservation and protection of water resources and regards water of various types of waste including hot well residues and filter
resource management as an important component of green development. Adhering to the principles of water conservation residues thereby achieving resource circular utilization. During
first and efficient utilization the Company strengthens full-process control over water use promotes water-saving the reporting period the two units collectively recycled
measures and improves water use efficiency thereby protecting water resources through practical actions and fulfilling its 149.36 tonnes of waste reducing carbon dioxide
responsibility for green and sustainable development. emissions by approximately 342.28 tonnes.During the reporting period the Company’s freshwater consumption totaled 1.2805 million tonnes with water
consumption intensity of 0.98 tonnes per RMB 10000 of output value.
29 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 30｜ Pursuing Green Development for a Shared Ecological Future ｜ ｜ Pursuing Green Development for a Shared Ecological Future ｜
Phase II Waste Heat Power Generation Project at Zhuhai Protecting Biodiversity
Base Connected to the Grid
The generator unit of the Phase II Waste Heat Power Generation Project at Biodiversity is the foundation for human survival and development and also a prerequisite for corporate sustainable develop-
the Zhuhai Base was successfully connected to the grid on its first attempt ment. The Company deeply fulfills its social responsibilities follows relevant national policies and ecological principles and
and began stable power generation marking the project’s formal readiness integrates biodiversity protection throughout its strategy production and supply chain processes.for operation. The project focuses on the intensive utilization of tail gas
from the process towers of the Phase III polyester unit. With an installed No. Protection Measure Specific Content
capacity of 2 MW the unit is capable of generating up to 1550 kWh of net
electricity per hour under rated operating conditions and its annual net Incorporate green and low-carbon development into the Company’s strategic
power generation is expected to reach 12.4 million kWh equivalent to an planning establish and improve management systems for ecological and
1 Strengthening the strategic foundation environmental protection strictly implement national and local environmental annual reduction of 1525 tonnes of standard coal consumption and and improving institutional safeguards laws and regulations formulate and implement the Special Inspection and
7560 Rectification Work Plan for Enhancing Ecological and Environmental Protection approximately tonnes of carbon dioxide emissions. After being and regularly conduct compliance reviews and internal inspections.
put into operation the project will significantly reduce the proportion of
externally purchased electricity used at the Zhuhai Base optimize the Carry out ecological restoration in light of the ecological characteristics of
energy structure effectively lower product energy consumption and
2 Focusing on ecological restoration and operational areas optimize green spaces within plant areas and plant native contribute to cost reduction efficiency improvement and business growth. safeguarding habitat integrity species; strictly prohibit non-compliant operations and avoid disturbing rare
species and their habitats.Promote green and low-carbon operations ensure that treatment facilities for
3 Strengthening operational control and the “three wastes” meet discharge standards and optimize water resource reducing ecological impact utilization; standardize raw material procurement and give priority to environ-
Strengthening Environmental and mentally friendly and sustainable raw materials.Strengthen communication and cooperation with external professional institutions
Ecological Foundation Deepening collaborative governance and and advance technological research and practical exploration in relevant fields; 4 building a joint protection mechanism extend environmental management requirements throughout the upstream and downstream industrial chain to promote coordinated green development.Enhancing Compliance Management Enhancing public awareness and Popularize knowledge of biodiversity protection through various means
5 fostering a shared commitment to including internal training and external public welfare outreach so as to raise The Company has improved its environmental management system and formulated relevant policies including the protection awareness among employees partners and the public.
Measures for the Supervision and Administration of Energy Conservation and Ecological and Environmental Protec-
tion. Based on their actual circumstances subordinate units have further refined supporting management systems Strengthen the management and disclosure of monitoring data to ensure that
Establishing a monitoring system and data are authentic accurate and traceable; establish a database to track
actively pursued environmental management system certification and effectively strengthened primary responsibility 6 continuously improving performance biodiversity changes; and regularly analyze and assess data to optimize protec-
for ecological and environmental protection. tion measures.During the reporting period the Company’s cumulative investment in energy conservation and environmental
protection reached RMB 9.9008 million including RMB 1.0225 million in emissions reduction investment
and RMB 8.8783 million in other environmental protection investment. The Company did not experience any Conducting Environmental Protection Training
major environmental incidents nor was it subject to any administrative penalties by ecological and environmental Promoting Environmental Protection Concepts. The Company has strengthened the promotion of green and environ-
authorities or held criminally liable for environmental incidents. mental protection concepts by organizing employees’ environmental learning through centralized training sessions presenta-
tions at meetings and other forms of communication. The Company organized 55 employees to participate in the 2025
China Resources Group Professional Training and Qualification Certification in Ecological and Environmental Protection. During
National Ecology Day the Company’s various bases jointly carried out 14 systematic environmental protection training
sessions covering 175 participant attendances.Environmental Management System Environmental Management System
Certification Certificate of Zhuhai Base Certification Certificate of Changzhou Base
China Resources Group Professional Qualification Certificate in Ecological and Environmental Protection
31 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 32｜ Pursuing Green Development for a Shared Ecological Future ｜ ｜ Pursuing Green Development for a Shared Ecological Future ｜
Organizing a World Water Day Themed Awareness Campaign
During the 33rd World Water Day and the 38th China Water Week the Company together with the Changzhou Binjiang Strictly Controlling the Discharge of the Three
Economic Development Zone Chemical Industry Bureau Changzhou and Everbright Changgaoxin Environmental Energy
(Changzhou) organized a themed awareness campaign entitled “Water Conservation Challenge: Piecing Together a Green Wastes and Reducing PollutionDream.” Going forward the Company will continue to explore new approaches to water use and water conservation
deepen new mechanisms for technological and management-based water saving and promote the transformation of Controlling Waste Gas Emissions
water-saving efforts from public advocacy to company-wide practice. The Company strictly complies with laws and regulations including the Atmospheric Pollution Prevention and Control Law of the
People's Republic of China
and the Emission Standard of Air Pollutants for Boilers and has formulated relevant policies such as the Administrative Provisions on
Waste Gas Emissions and the Management System for VOCs Pollution Prevention and Control. By carrying out routine leak detection
and repair (LDAR) and continuously optimizing cleaner production processes and technologies the Company effectively reduces the
volume of atmospheric pollutant emissions and leakages at the source.Indicator Unit 2023 2024 2025
SO? emissions tonnes 2.06 1.74 1.06
NOx emissions tonnes 93.22 79.52 55.17
During the reporting period the Company’s SO? emissions decreased by 39.08% year on year while total NOx emissions decreased
by 30.62% year on year. In addition to the impact of output decline caused by shutdowns for inspection and maintenance the reduc-
tions were mainly attributable to low-NOx retrofits as well as strengthened pollutant treatment and control measures.Controlling Wastewater Emissions
The Company has established and continuously improved its wastewater treatment management system and has formulated and
strictly implemented dedicated policies such as the Management System Documents for Wastewater Treatment Stations and the
Administrative Provisions on Excessive Wastewater Discharge.Indicator Unit 2023 2024 2025
Deepening Green Office Practices Wastewater discharge
The Company actively promotes the concept of volume
10000 tonnes 45.28 43.93 44.57
green office practices advocating for low-carbon During the reporting period all wastewater pollutants discharged by the Company complied with applicable standards. Wastewater
resource-saving and environmentally efficient office discharge volume at each base showed structural changes in light of production load project construction and process optimization. At the
models. In daily operations it strictly implements Zhuhai Base wastewater discharge decreased by 9.63% year on year as a result of shutdowns for maintenance strict water use
water and electricity conservation promotes a control and recycling efforts. At the Changzhou Base however changes in reclaimed water reuse and process adjustments led to an overall
paperless approach reduces the use of disposable increase in the Company’s wastewater discharge volume. In response the Company has strengthened targeted water use control and
items and standardizes waste sorting and recycling. reclaimed water reuse measures and is striving to achieve a year-on-year decline in wastewater discharge in the following year.Controlling Wastewater Emissions
The Company has strengthened full-lifecycle management of solid waste and hazardous waste strictly adhering to the principles of
reduction resource recovery and harmless treatment. It has formulated policies such as the Administrative Provisions on Hazardous
Waste and the Administrative Provisions on General Waste improved its management plans for solid and hazardous waste standard-
ized the construction and temporary storage of hazardous waste warehouses and entrusted compliant professional entities with disposal.Indicator Unit 2024 2025 Decrease
Total waste generated tonnes 3585.96 3231.89 9.87%
Total recyclable waste tonnes 3264.22 3098.62 5.07%
Total general solid waste tonnes 3464.96 3123.14 9.87%
Total hazardous waste tonnes 121 108.75 10.12%
During the reporting period the Company’s total waste generation decreased by ?.??% year on year. Among this general solid
waste decreased by ?.??% year on year recyclable and hazardous waste decreased by ?.??% and ??.??% respec-
tively year on year. The comprehensive utilization rate of waste increased from 91.03% in 2024 to ??.??% in 2025.
33 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 34｜ Acting for Good Building a Harmonious Society ｜ ｜ Acting for Good Building a Harmonious Society ｜
Acting for Good 02
Building a Harmonious
Society
Employees customers partners and communities constitute the core
foundation of corporate sustainable development. China Resources
Chemical Innovative Materials integrates social responsibility through-
out the entire course of its operations adheres to a people-oriented
philosophy and win-win cooperation and focuses on employee
well-being customer value supply chain responsibility and commu-
nity harmony. Through pragmatic measures the Company enhances
social well-being builds synergy for development and promotes
coordinated progress and mutual benefit between the enterprise and
society.Key Indicators
Employee Training Investment RMB 1.432 million
Work Safety Investment RMB 1.35 million
PET Customer Satisfaction 96.60%
PETG Customer Satisfaction 94.83%
Rural Revitalization Investment RMB 421400
UN SDGs
35 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 36｜ Acting for Good Building a Harmonious Society ｜ ｜ Acting for Good Building a Harmonious Society ｜
Empowering Employee Well-being and Development Ensuring Equal Employment Opportunities
The Company strictly adheres to national laws and regulations such as the Labor Law of the People’ Republic of China the
Optimizing Compensation and Benefits Labor Contract Law of the People's Republic of China the Employment Promotion Law of the People's Republic of China
and the Law on the Protection of Minors of the People's Republic of China while also aligning with international human
The Company consistently upholds a people-oriented development philosophy and regards employees as its most valuable rights standards and relevant local regulations and policies. It continuously standardizes labor management. By establishing
asset. The Company strictly comply with the labor laws and regulations of the places where we operate continuously policies such as the Recruitment Management Measures and the Labor Contract Management Measures the Company
optimize our compensation and performance management mechanisms standardize working hour and leave management integrates the principles of equality and non-discrimination into every stage of employment resolutely preventing illegal
strengthen supervision over labor employment and effectively safeguard employees’ lawful rights and interests. By building practices such as child labor and forced labor and effectively safeguarding the legitimate rights and interests of workers.a human resources management system that is well-regulated fair transparent and orderly we foster a positive environ-
ment that respects develops and empowers people thereby achieving resonance between employee growth and the As of the end of the reporting period the Company employed 1079 full-time employees with 36 new hires including
Company’s development. 6 fresh graduates. The labor contract signing rate and social insurance coverage rate both reached 100% and there wereOptimizing the compensation and performance management system. Centering on the three pillars of “improving no instances of child labor forced labor or other violations.mechanisms optimizing structure and strengthening incentives” the Company has systematically advanced the upgrading
of its compensation and performance management system continuously enhancing the standardization of compensation
management and the effectiveness of incentives. Showcasing Diversity
Building mechanisms The Company adheres to the principle of equal employment and strictly prohibits discrimination based on race gender
age disability or other factors in recruitment promotion compensation and other processes. It fully complies with relevant
consolidating the management foundation and
systematically establishing the groundwork for Strengthening incentives local laws and regulations and actively promotes the career development of female employees supports employment for
compensation and performance management individuals with disabilities and fosters a fair and just working environment. The Company firmly believes that a diverse
Established a total payroll budget manage- stimulating organizational vitality and workforce is a key source of innovation and sustainable development.ment system upgrading it from a cost comprehensively reinforcing a long- and
management tool to a strategic lever; short-term integrated incentive system
Successfully launched the compensation 01 ?%03 Strictly implemented the tenure system ??%management system and Data Collection 2.0 Upgrading the ??%and contractual management for the ??% ??%realizing process standardization and Compensation and managerial level realizing that “positionsdata-driven decision-making; Performance can be promoted or demoted and incomeManagement can increase or decrease”; ??%Performance contracts were extended to all
System employees to ensure that strategic
objectives are cascaded at every level;
Continued to advance equity incentives ??% ??% ??%
02 completed the previous grant and repurchase and drafted a new round of
incentive plan.frontline middle management
male female aged 51 and above aged 41 to 50 employees employees
employees employees aged 31 to 40 aged 30 and below senior management employees
Optimizing the structure
improving precise alignment and deeply optimizing the compensation and performance structure 795 male employees 140 aged 51 and above 314 918 frontline employees 103
Conducted comprehensive research and dual benchmarking of “performance-compensation” and designed and implemented a compensation structure
plan centered on “performance alignment and precise incentives”; 284 female employees aged 41 to 50 345 aged 31 to middle management employees 58At the same time revised the performance management measures for all employees forming a value closed loop of “target-execution-evaluation-feed- 40 280 aged 30 and below senior management employeesback-development”;
Safeguarding employees’ rights to working hours and leave. The Company has always regarded its employess as its
most valuable asset strictly complies with all applicable labor laws and regulations in the locations where it operates and ??%??%
is committed to fostering a compliant fair and healthy work environment. Through scientific shift management and flexible ??%
working mechanisms the Company reasonably controls employee working hours prohibits overtime work in violation of ?%
regulations and ensures that employees have adequate rest time. In terms of leave entitlements the Company fully ??% ??%
guarantees statutory holidays paid annual leave sick leave maternity leave and other types of leave encouraging employ-
ees to balance family and personal development alongside their work. The Company firmly believes that respecting ??%
employees’ right to rest and leave is the cornerstone of enhancing employee well-being stimulating organizational innova- ??%??% ?%
tion and achieving sustainable corporate development.
16.3 bachelor's college production sales technicalDuring the reporting period employees took an average of days of paid annual leave. degree or above diploma labor contracts other personnel personnel personnel
technical secondary school education or below finance administrativepersonnel personnel
Standardizing the management of labor service providers. The Company has formulated the Measures for the Admin-
istration of Labor Employment standardizing the management of labor service suppliers throughout the entire process
from access and engagement to supervision. Each subsidiary has established an annual assessment and elimination mechanism 465 with a bachelor's degree or 1079 with labor contracts 506 production personnel 83
with a particular focus on evaluating workplace safety labor contracts wage payment social insurance and personnel above 336 with a college diploma 323 temporary or other types sales personnel 274 technical
qualifications. Labor service providers that fail the assessment or cause safety incidents due to inadequate management 278 with a technical secondary of workers personnel 40 finance personnel
will categorically not have their contracts renewed thereby ensuring that labor employment is compliant safe and controllable. school education or below. 176 administrative personnel.
37 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 38｜ Acting for Good Building a Harmonious Society ｜ ｜ Acting for Good Building a Harmonious Society ｜
Employee Turnover by Gender Employee Turnover by Age Group
（人） Promoting Key Talent Development Projects
40 37 Talent Pipeline Development Project. In line with the concepts of agility in organization and talent rejuvenation the Company focuses
on reviewing and organizing the “talent pool” designing talent growth pathways. Through training sessions such as “Leading Talent”
30
24 “Skilled Talent” and “Outstanding Talent” the Company implements targeted training projects in a tiered and categorized manner. A total 23
20 of 8 training projects were completed throughout the year covering 209 participant attendances.16
106
0
0
male employees female employees aged 51 and above aged 41 to 50 aged 31 to 40 aged 30 and below
During the reporting period the Company’s employee turnover rate was 4.7% significantly lower than the industry average indicating
that the workforce remained generally stable.Emphasizing Talent Development
The Company adheres to the strategy of strengthening the enterprise through talent development and continuously improves its talent
management system under the guidance of the “Six Refinements Strategy”. By formulating the Position Management Measures the Leading Talent Program: Skilled Talent Program:
Company has continued to optimize management mechanisms covering such areas as compensation talent planning and training and Leadership Empowerment Project Talent Young Cadre Training Class (Fourth Session)
development. It has also established multiple career pathways for both professional specialization and generalist development thereby Pipeline
motivating employees to pursue self-improvement and promoting the shared growth of both the organization and individuals thereby Development
achieving the vision of “refined minds remarkable grains”. Project
Building a Tiered and Categorized Training System
The Company focuses on the core talent groups of the “3+1” support team specifically targeting key groups such as Party members
directly managed cadres and key talents. It has innovatively developed a tiered and categorized training system that is guided by Party
building empowered by business needs fosters talent development at multiple levels and emphasizes practical experience. Through a
dual-track program design that combines precise empowerment by tier and category with comprehensive training for specialization and
versatility the Company ensures a two-way linkage between strategic needs and employee growth. At the beginning of the year the
Company formulated and implemented the 2025 Education and Training Plan which systematically outlines learning paths for different
business lines and talent groups.Target Audience Group talentdevelopment programs China Resources Chemical Materials talent development programs
Outstanding Talent Program: “Future Stars” Campus Recruitment New Employee
Technology Talent Training Class (Third Session) Training Program
Group Executive Training “3+1” branch talent team development program Party building
CR Group special programs
directly managed Training for Deputy
cadres Managers Directly Managed Business Management Technology R&D Professional Skills Party building and Youth
by the Group Sequence - M Sequence - R Sequence - P Sequence - S League affairs sequence
Functional Support Projects. Aligned with the Company’s strategic objectives the Company continues to advance benchmarking improve-
Leading Talent Program - Special program on the
Group Young development for Company
ments and organizes action learning initiatives. A total of 36 training projects were completed throughout the year covering 2411 partici-spirit of the “TwoTalent Program directly managed cadres Sessions” and the spirit of Business unit pant attendances.the Eight-Point Decision
directly managed Training Program for
cadres China Resources Way Newly Appointed Directly
Training Program Managed Cadres -
bridging competency Joint Training Program
gaps for new positions
Elite Talent Program Outstanding Talent
(Chemical Materials Program - development
Outstanding Young Talent of the Company’s Training program for
Class) - reserve scientific and secretaries of grassroots
development for technological talent Party organizationsCompany directly Training Program for “Sixmanaged cadres Refinements Strategy”
Business unit
middle-level Empowerment Training Talent Development
cadres (manager for Middle-level Cadres -
level) bridging competency Program for
gaps for current positions Organizational Work Organizational Work Line Training Project Precision R&D Refined Procurement
Professionals
Industrial Digitalization Empowerment training Empowerment program
Innovation Lecture Hall - for frontline team leaders for Youth League cadresBusiness unit Training Program
key employees fostering the Company’s Training and certification
innovation culture Young Marxists Training for assessors of Program
vocational skill evaluation
Vocational skill level Empowerment program
Business unit evaluation for Party affairs workers
general
employees Development of newly Study of Party discipline
hired employees and Party regulations
During the reporting period the Company’s total investment in employee training amounted to RMB 1.432 million with 63 training Lean Production Precision Marketing Smart Investment Energized and Enthusiastic
sessions conducted. The training coverage rate reached 100% and a total of 1079 employees participated in the training.
39 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 40｜ Acting for Good Building a Harmonious Society ｜ ｜ Acting for Good Building a Harmonious Society ｜
Strengthening Talent Team Development Safeguarding Health and Safety
The Company continues to deepen the EHS Strategy deeply implementing the EHS Responsibility Management Measures and continu-
ously improving safety production management emergency management systems and occupational health management. Through
enhanced training awareness campaigns and safety drills the Company has built an EHS training system that covers all employees with
tiered and categorized training. Special training is conducted in key areas such as energy and carbon management chemical process
safety environmental monitoring occupational health and accident prevention aiming to comprehensively enhance employees’ EHS
awareness and professional capabilities ensure the effective implementation of systems and foster a safe and healthy working environ-
ment. This effort helps to lay a solid talent foundation for the Company’s green and low-carbon development.Advancing Organizational Optimizing Personnel Strengthening the
Transformation Structure Talent Pipeline Safeguarding Occupational Health
The Company places a high priority on the physical and mental well-being of its
The Company achieve substantial The Company has reduced the The Company has established a employees and strictly implements national policies and directives including the
increase in labor productivity number of directly managed training system for scientific talent Opinions of the State Council on Implementing the Healthy China Action and the
through promoting a 1.5-level cadres and promoted competitive Hong Kong talent and postgraduate National Plan for Prevention and Control of Occupational Diseases (2021-2025). The
organizational reshaping and recruitment for key positions. The talent in engineering and has Company continuously improves its occupational health management system. It has established occupational health management regulations and health records foroptimizing the “three clarifica- number of cadre positions has improved its tiered and categorized
39 training mechanism. Over the employees refining the institutional framework and continuously optimizing the tions” plan. been streamlined from 60 to working environment.
and 341 key core positions have course of the year the Company For employees in special jobs the Company provides necessary personal protective
undergone competitive recruit- recruited 24 scientific talents 3 equipment (PPE) and installs protective facilities such as dust collectors at work sites
ment. high-level talents and recognized 2 to prevent occupational diseases. It strengthens the identification control and supervi-
core talents. sion of occupational health risks. Additionally the Company regularly organizes
occupational health checkups for employees conducts ongoing occupational health
education and awareness training and continually enhances employee health aware-
ness and participation ensuring the protection of employees' occupational health rights.Supporting Employee Growth
Occupational Disease Prevention and Control.The Company has optimized four career streams: management R&D professional and technical streams fully opening up career The Company strictly adheres to the Law of the Training and Drills Mechanism
development pathways for employees and expanding diverse promotion opportunities further boosting employees’ enthusiasm for People's Republic of China on the Prevention and
innovation and entrepreneurship. Control of Occupational Diseases and other relevant Implementation Measures Implementation Measures
laws and regulations. It has established a compre-
Innovating Talent Recruitment Channels hensive occupational disease prevention and control Employees are trained in first aid skills such as
The Company actively expands recruitment channels and continuously enriches recruitment resources and channels to provide strong management system developed the Occupational Emergency Knowledge Training cardiopulmonary resuscitation (CPR) and bandaging.support for attracting highly skilled and scarce talent. Disease Hazard Incident Handling and Reporting
System and the Emergency Rescue Plan for
Occupational Disease Hazard Incidents and contin- Regular Drills Organize emergency rescue drills.Improving the Incentive System uously improves its mechanisms for preventing and
The Company is simultaneously building a diversified talent incentive mechanism enhancing compensation and performance policies and managing occupational health risks and emergen- Awareness Education Conduct regular occupational health training.providing institutional guarantees for retaining internal core talents and attracting high-end external talents. This approach continuously cies. The EHS Committee oversees and coordinates
strengthens the stability and competitiveness of the talent pool. the efforts with the EHS Department taking the lead Ensure the availability of sufficient rescue
and collaborating with production departments and Material Support materials and equipment.Management R&D Professional Skills the Comprehensive Management Department
Sequence Sequence Sequence Sequence ensuring a clear division of responsibilities and an During the reporting period the employee occupational health checkup rate
effective occupational disease prevention and
Chairman/General Manager control organizational structure. reached 100% and no occupational disease cases were identified.Deputy General Manager Chief Scientist (Group-level Scientific and Technological Talent) Health Management for Special Positions. For
positions involving the use of radiation sources and
Department General Manager Chief Scientist (Company-level Senior Professional Director / Senior Business
Scientific and Technological Talent) Director / Chief Engineer other special jobs the Company has established a / General Manager radiation safety management system and an
Department Deputy emergency response plan specifying responsible
General Manager R&D Director Professional Director / Business Director / Technical Director Chief Technician/ Deputy General Manager managers and emergency organizational structures.The Company strictly enforces requirements such as
Senior Professional Manager / Senior Business certified personnel personal dose monitoring Department Senior Manager R&D Senior Manager Manager / Senior Engineer Special Technician radiation monitoring of work areas and health
record management and regularly commissions
Department Manager R&D Manager Professional Manager / Business Manager / Senior TechnicianPrincipal Engineer third-party organizations to conduct testing and
evaluations. These measures ensure that the
Senior Research Fellow Senior Supervisor / Senior Engineer Technician radiation workplace and personnel dose monitoring
results meet the required standards.Research Fellow Supervisor / Engineer Senior Worker
Assistant Research Fellow Specialist / Assistant Engineer Intermediate Worker
Assistant Specialist Junior Worker Personal Monitoring Report
Apprentice
41 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 42｜ Acting for Good Building a Harmonious Society ｜ ｜ Acting for Good Building a Harmonious Society ｜
Strengthening the Safety Defense Line
The Company adheres to the management philosophy of “Safety First Prevention First Comprehensive Management”. With the
support of the Occupational Health and Safety Management System Certification the Company has established a safety produc-
tion management system that covers the entire process of bottle-grade polyester chips and PETG specialty polyester R&D and
production.On March 14 2025 the Changzhou base organized an emergen- On November 27 2025 the company invited the Xinbei District
cy drill for a high-temperature EG leakage accident with 20 Fire Brigade of Changzhou City to conduct comprehensive fire
participants including process team members and department emergency training.managers. By regularly conducting emergency drills the company
tests employees' emergency response capabilities in a practical
real-world context promotes the construction of the emergency
management system strengthens the emergency response
coordination mechanism and reinforces the ecological and
Practical Drills Fire Drill environmental protection defense.On April 27 2025 the company organized a practical drill with On August 21 2025 the company conducted a photovoltaic fire
the theme of "Material Package Collapse and Human Crushing" drill. A simulated fire point was set up in the inverter room and
aimed at testing the feasibility of the emergency plan through the inspection personnel promptly detected the fire and immedi-
real-life scenarios and training the emergency rescue team's ately activated the emergency plan. Throughout the drill all
practical capabilities. teams coordinated effectively which successfully tested the
scientific and operational feasibility of the emergency plan.Occupational Health and Safety Management System Certification Certificate of Zhuhai
During the reporting period the Company continued to strengthen safety production management. A total of 48680 hours
of safety training were conducted throughout the year with safety production investments amounting to RMB 1.35 million.To effectively improve the emergency response capabilities for To improve the handling capabilities for hazardous chemical
Enhancing Emergency Response Capabilities high-temperature EG leakage accidents on July 21 2025 the leakage ensure the personal safety of employees during produc-
Strengthen Emergency Drills to Enhance Response Capabilities. To improve safety and emergency management standards Changzhou base conducted a drill on the on-site disposal plan tion and reduce accident losses on May 30 2025 the company
for high-temperature EG leakage. The drill was carried out in a conducted a phenol-tetrachloroethane leakage drill. The partici-
and enhance emergency response capabilities the company regularly organizes emergency drills for unexpected environmental tense and orderly manner with clear division of labor among the pants responded to the emergency promptly and effectively
incidents. These drills focus on strengthening the ability to handle sudden situations. A total of 52 drills were conducted through- teams and excellent coordination achieving the expected achieving the set objectives.out the year with 729 participants covering various safety scenarios. This has effectively improved the contingency planning objectives.system and enhanced employees' emergency response skills.
43 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 44｜ Acting for Good Building a Harmonious Society ｜ ｜ Acting for Good Building a Harmonious Society ｜
Optimize material allocation to strengthen emergency Through these drills the Company further strengthened employees’ understanding of the hazardous characteristics of chemicals
support. All grassroots enterprises of the company have compre- and emergency response procedures enhanced the self-rescue and mutual rescue capabilities as well as emergency response
hensively carried out emergency material inspections and invento- capacity of personnel in relevant positions continuously improved the allocation of emergency supplies and on-site response
ries systematically assessing the status of emergency personnel mechanisms and ensured that risks can be quickly and effectively controlled in emergency situations thereby minimizing the
technology materials and equipment. Resources have been impact of chemical accidents on employee health and production operations.optimized and an emergency response system with both regular
and emergency capabilities has been established. Grassroots enter-
prises have promptly replaced near-expiry materials ensuring that
the existing emergency supplies are intact sufficient and within
their validity period.Strictly Control Chemical Risks
The Company strictly complies with the Law of the People’s Republic of China on Work Safety the Regulations on the Safety
Management of Hazardous Chemicals the Regulations on the Administration of Precursor Chemicals and the Measures for the
Public Security Administration of Explosive-Prone Hazardous Chemicals. During the reporting period the Company issued the
Provisions on the Safety Management of Hazardous Chemicals in the Technology Center to further standardize the safety manage-
ment of hazardous chemicals in research and development and analytical testing and to ensure safe use and disposal.The Company attaches great importance to personnel safety and emergency response capability building in chemical operations
integrates Environment Health and Safety (EHS) management requirements throughout the entire chemical use process imple-
ments full-chain safety management for hazardous chemicals under the “one matter one chain” approach and strengthens tiered
control of major hazard sources and accountability assignment. Each base completed hazard identification and rectification and
achieved dynamic risk control with a 100% rectification rate for hazardous chemical hazards throughout the year. In response
to emergencies such as chemical burns the Company regularly organized special emergency drills simulating key procedures
including on-site cordoning personnel evacuation emergency flushing casualty rescue information reporting and medical
transfer after an accident in order to test the operability of emergency response plans and the efficiency of on-site coordination.Management
module Management focus
Personnel handling hazardous chemicals must receive specialized training and be familiar with the hazard- Hazardous chemical burn drill site in May 2025 Hazardous chemical burn drill site in November 2025
Training and ous characteristics of hazardous chemicals fire emergency response occupational protection and leak
education prevention and response. Safety engineers shall organize at least one annual training session on hazardous
chemicals expertise.Designated personnel shall be responsible for requisition and collection and a requisition register shall be
Collection established. Precursor chemicals and explosive precursor chemicals shall be collected by two persons in
management quantities limited to the amount required for the same day’s experiment and any remainder shall be
returned on the same day. Chemicals may be released from storage only when accompanied by an MSDS Promoting Democratic communication
and complete labeling (“one document one label”).The Company adheres to a democratic management system for factory affairs disclosure under the unified leadership of Party
organizations administrative operation disciplinary inspection and supervision day-to-day responsibility of labor unions and broad
A usage register shall be established to record information such as time of use chemical name quantity employee participation continuously deepens democratic management advances factory affairs disclosure and effectively
Use control used and remaining quantity. Precursor chemicals and explosive precursor chemicals shall be handled by at safeguards employees’ rights to know participate express and supervise.least two persons during use with one person operating and the other providing supervision.Chemicals shall be stored by category and kept away from heat sources ignition sources and power Improve institutional safeguards. The Company has formulated the Staff Representative Congress System (Implementation
Storage sources. Chemicals with incompatible properties or requiring different firefighting methods shall not be Rules) clearly defining key matters such as the composition powers and rules of procedure of the Staff Representative Congress
requirements stored together. Flammable and explosive chemicals shall be stored in explosion-proof cabinets and effectively incorporating democratic management into the Company’s internal control management system and ensuring that
corrosive chemicals shall be stored in corrosion-resistant cabinets. democratic management is rule-based and standardized in operation.Deepen factory affairs disclosure. Upholding the principle of openness and transparency the Company discloses matters of
Waste The hazardous waste management process shall be implemented in compliance with applicable regulations
disposal broad employee concern including production and operation conditions financial status personnel appointments and removals and standards. as well as other hot focal and sensitive issues through various channels such as the Company’s internal EIP system and bulletin
boards. By adopting both prior disclosure and post-event disclosure the Company proactively accepts employee supervision and
enhances management transparency.Emergency Emergency response plans shall be formulated emergency rescue personnel and equipment shall be provid-
disposal ed and drills shall be organized regularly. In the event of an accident the emergency response plan shall be Strengthen labor union organizations. During the reporting period the construction of labor union organizations at all levels of
activated immediately and reported to the Company’s security department.the Company progressed steadily.
45 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 46｜ Acting for Good Building a Harmonious Society ｜ ｜ Acting for Good Building a Harmonious Society ｜
Enrich cultural life. The Company attaches importance to employees’ physical and mental well-being and cultural development.During International Women’s Day it organized a series of care initiatives including miniature landscape making health care activi-
ties movie viewing and the fun event themed “Showcasing Women’s Charm Sharing Happiness Together” creating a positive
atmosphere of caring for and respecting employees. On November 15 2025 the Company organized employees to participate in
the “Discover Changzhou · 2025 Urban Orienteering Challenge” enhancing employee cohesion and showcasing a positive and
progressive spirit through teamwork and sports competition.On November 13 2025 Changzhou On December 8 2025 Zhuhai Base On December 24 2025 the company
Base held the first trade union held the third Plenary meeting of held the fourth member Congress of
Congress and workers' Congress the third trade union member the trade union to elect a new trade
deliberated and adopted relevant Congress to further strengthen the union team. Yan Xianjun Secretary of
documents and elected the trade participation of workers and the the Party Committee and chairman of "Discover Changzhou 2025 City "Discover Changzhou 2025 City Women's Day "Graceful Women Joyful
union committee the fund review protection of their rights and the board of directors of the company Orienteering Challenge" Orienteering Challenge" Togetherness" Team Building Event
committee the labor mediation interests. put forward the requirements of "the
committee and the women workers' same direction of strategy the same
committee to lay a solid foundation frequency of reform the same heart
for the standardization of of workers and the same creation of
grass-roots trade unions. brands".Delivering Employee Care Women’s Day Movie Women's Day Wellness Women’s Day Miniature Landscape Screening Activity Initiative Making Activity
The Company attaches great importance to employee care and support and continues to improve assistance mechanisms for
employees in need and health support systems effectively enhancing employees’ sense of fulfillment and well-being.Targeted support for employees in need. Throughout the reporting period the Company implemented multifaceted
employee assistance programs extending aid to 42 employees facing financial difficulties with total disbursements of RMB
77000. The Company conducted home visits to 2 households of needy employees and provided specialized care to 16 Advancing Customer Value Co-creation
ill employees. Through these concrete support measures the Company effectively alleviated practical hardships for employees
and their families while delivering organizational warmth and care. Ensuring quality and safety
Improving the quality management system
The Company is committed to establishing and continuously enhancing its product quality management system. Through
end-to-end systematic institutional development and process optimization it has laid a solid foundation for delivering exceptional
product quality.During the report period the Company has formulated the 2025 Quality Objectives and Management Plan.The Company passed the ISO 9001 recertification audit and expanded the scope of quality management system certification to
include the Zhuhai base’s 500000-ton PET business and 50000-ton PETG new materials business. It also tracked updates to
national standards for bottle-grade PET and formulated updated and improved PET product quality standards. The Company
exercised strict control over product quality and engaged authoritative third-party testing institutions to conduct annual inspec-
tions confirming that its products complied with national standards and related requirements of U.S. FDA . By setting qualification
rate targets for various raw materials auxiliary materials and packaging materials the Company strictly controlled quality risks at
The Company cares for employees in need and delivers the warmth of the organization through in-person support. the source ensured production stability and product reliability and enhanced customer satisfaction.
47 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 48｜ Acting for Good Building a Harmonious Society ｜ ｜ Acting for Good Building a Harmonious Society ｜
Optimizing system management and preventing and mitigating risks. In response to the increase in complaints related to
sea freight packaging the Changzhou base carried out a special improvement initiative developed quality supervision and inspec-
tion checklists for sea freight packaging and tank trucks and refined the management requirements for in-vehicle samples; the
Zhuhai base organized comprehensive inspection and rectification measures to address impurity risks during the sea freight
packaging process.Advancing improvement projects and enhancing quality competitiveness. The Changzhou base tackled and resolved the
issue of negative deviation in truck scale measurements and optimized the daily maintenance process; it also promptly identified
and addressed the hidden risk of holes in the connecting fabric bag between the pelletizer drying box and the vibrating screen. In
mid-to-late September 2025 the Changzhou and Zhuhai bases organized lean improvement project evaluations with each base
selecting two high-quality projects.Carrying out internal and external exchanges and expanding industry influence. The Company strengthened its work on
the value assignment of national standard samples for bottle-grade polyester chips at Yizheng Chemical Fiber; the Changzhou base
also carried out special quality communication activities for outsourced personnel in response to quality-related issues.Organizing knowledge competitions and consolidating the quality foundation. The Company actively organized all employ-
ees to participate in the National Total Quality Management Knowledge Competition for Enterprise Employees achieving a partici-
pation rate of 84.67% and an average score of 96.44.Standardizing Product Identification Management
The Company formulated the Product Identification and Traceability Control Procedure setting out specific requirements for
Zhuhai Base Quality Management Changzhou Base Quality Management
System Certificate System Certificate product identification to ensure that information such as product composition specifications and models and production batches
is accurately labeled thereby facilitating quality traceability and customer identification.During the reporting period the Company did not record any violations related to product and service information labeling.During the reporting period the coverage rate of the Company’s ISO 9001 quality management system certification reached
100% and no major liability accidents related to product and service safety or quality occurred.
Optimizing Customer Service
Building a Solid Foundation of Quality Development Improving the customer complaint handling mechanism. The Company formulated the Customer Complaint Handling Proce-
The Company thoroughly implemented the Outline for Building a Quality Nation and the arrangements for Quality Month activities dure clearly defining the customer complaint handling process and related responsibilities to ensure that customer feedback is
adhered to quality improvement as the core full participation as the foundation and improvement and innovation as the driving addressed effectively and promptly. The handling process covers six stages namely acceptance and registration cause analysis
force and systematically advanced key tasks such as cultivating quality awareness strengthening skills training optimizing and classified handling final disposition customer response and corrective and preventive actions thereby achieving closed-loop
improving systems and implementing improvement projects thereby continuously consolidating the foundation for quality devel- management of complaint handling.opment and providing strong support for the Company’s high-quality development.Establishing a product recall mechanism. The Company formulated the Product Recall Control Procedure clearly defining the
Strengthening communication and training to enhance quality awareness. The Company gave full play to the role of various
triggering conditions organizational process and handling measures for product recalls. When a product is found to have quality
media platforms including newspapers websites social media mobile platforms and screens and carried out quality communica-
defects or safety hazards the recall procedure is initiated including product recall proposal establishment of a recall team prepa-
tion through DCS screens elevator advertisements and display boards in canteens and workshops. It also systematically organized
ration of a recall plan launch of the recall handling of recalled products corrective actions and improvements and recall
training on quality knowledge and skills. At the Changzhou base the Company conducted special study sessions on the Outline
reporting.for Building a Quality Nation and specialized training on PET export tank truck control and product quality standards while the
Zhuhai base organized quality awareness training under the theme of “Product Quality Is No Small Matter.” During the reporting period the Company did not experience any product recall incidents.Organizing skills competitions to strengthen professional Deepening customer satisfaction management. Upholding the principle that quality is the core competitiveness for an enter-
capabilities. During the reporting period the Changzhou base prise’s survival and development in the market environment the Company remains committed to providing customers with
held the “Runxincai” Craftsman Cup Chemical Inspector Opera- high-quality services in a dedicated and responsible manner and organizes customer satisfaction surveys to continuously improve
tional Skills Competition and the Electromechanical and Instru- customer service standards.ment Maintenance Skills Competition. During the reporting period the Company received a total of 4 complaints related to products and services all of which were
responded to and handled in accordance with relevant requirements resulting in a 100% complaint handling rate. Among them
customer satisfaction reached 96.60% for PET and 94.83% for PETG.Carrying out compliant and honest marketing. The Company strictly complies with laws and regulations such as the Law of
the People’s Republic of China on the Protection of Consumer Rights and Interests and the Advertising Law of the People’s Repub-
lic of China and ensures compliance by improving institutional frameworks and standardizing business processes. In business
activities such as contract signing and product promotion the Company strictly abides by all applicable laws regulations and
internal rules provides customers with objective and truthful information rejects false publicity and avoids exaggeration risk
The 4th “Runxincai” Craftsman Cup Chemical Inspector Operational Skills concealment and excessive marketing thereby fulfilling its responsibilities to customers.Competition at China Resources Chemical Materials Changzhou Base During the reporting period the Company did not record any violations related to marketing communication.
49 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 50｜ Acting for Good Building a Harmonious Society ｜ ｜ Acting for Good Building a Harmonious Society ｜
Providing Green Solutions By empowering customer growth through professional services and reinforcing the foundation of cooperation through deep collab-oration the Company continues to strengthen partnership stickiness effectively helps customers enhance their competitiveness in
Innovating Green Transportation Models end markets and drives the steady growth of order volume and market share for both parties thereby achieving mutual success
The Company has innovated its transportation models. During the reporting period sea freight packaging transportation accounted in corporate development and customer value enhancement.for one-third of the Company’s total annual deliveries representing a year-on-year increase of 26.5%.Sea freight packaging delivery covers the entire process including preliminary planning and container loading logistics vessel
schedule tracking in-transit change monitoring and receipt coordination with terminal plants. In response to contingencies such
as port congestion and container rollovers vessel suspension and shipping delays caused by weather conditions the Company
has established a sound emergency response system and prepared multiple contingency measures in advance. To meet customers’
needs for frequent production plan adjustments due to peak and off-peak seasons the Company rapidly assessed all available
options and made prompt decisions to adopt more cost-effective and flexible solutions which were widely recognized by custom-
ers.Terminal transport vehicles for sea freight packaging deliveries comply with China VI fuel standards or new energy standards
enabling a green low-carbon and environmentally friendly transportation model. This approach not only provides customers with
efficient and safe transportation services but also enhances customer trust creates value for customers and helps protect the
blue planet. The model has effectively prevented disruptions to customers’ production lines and ensured the stable supply of down- Visit and exchange with Tricon the core strategic partner for export
stream beverages.During the reporting period the Company received the “Core Supply Strategic Partner Award” from COFCO Coca-Cola Bever-
ages (Hebei) Co. Ltd.Building a Responsible Supply Chain Network
Improving Supply Chain Management
The Company has established and implemented the Supplier Management Measures and continues to improve its supplier
management system. By identifying and controlling supplier performance risks and applying classified and tiered management the
Company promotes the development of a stable transparent and sustainable supply chain system.Adhering to transparent procurement. The Company follows the principles of fairness openness and impartiality in transac-
tions signs the Sunshine Declaration with its partners keeps reporting and supervision channels open strengthens joint integrity
building and works together to prevent commercial bribery and improper conduct.Advancing a green supply chain. The Company has formulated the Work Plan for Green Supplier Evaluation to systematically
advance the implementation of green supplier evaluation. By specifying environmental protection requirements in contracts
conducting regular on-site environmental reviews and encouraging suppliers to obtain environmental product certifications the
Company guides and promotes suppliers to improve their environmental management capabilities and works with partners to
advance the green and low-carbon transition.Improving procurement governance mechanisms. The Company continues to improve its procurement management system
enhance the efficiency of procurement processes and strengthen compliance awareness and the execution of institutional requirements.Enhancing Digitalization and
Transparency
Launching Bulk Materials Trading
Platform; Promoting SRM System
Management; Applying for E-Procure-
ment CA Accounts; Advancing Digital
Procurement Process for Miscella-
neous Materials.Customized Supply Chain Solutions
As a supplier to Tricon a core strategic partner in the export market the Company focuses on its key needs for raw material stabili-
Improving procurement Conducting Procurement
ty timely delivery and cost competitiveness. Through regular senior management engagement periodic visits and in-depth management system Training Programs
meetings the Company accurately identifies the personalized standards of end customers in areas such as intrinsic viscosity
transparency and environmental certification for bottle-grade polyester chips ensuring a high degree of alignment between
product supply and end-market demand.The Company conducts in-depth analysis of trade policies in target end markets and accurately captures key rules such as Building a standardized and transpar- Enhancing Procurement Strengthening Compliance Awareness
ent procurement system Process Efficiency and Policy Implementation
anti-dumping duty rates and tariff preference terms thereby providing customers with tailored integrated supply chain solutions. Revising and Issuing Procurement Organizing Annual Bidding and
It has innovatively adopted a flexible trading model combining annual long-term contracts with batch performance under spot Management Regulations; Introducing Procurement Training Specialized
orders effectively helping customers hedge against raw material price fluctuations and strengthen their cost advantages. In Procurement Committee Rules and Operation Training and Online Policy
parallel the Company provides professional technical guidance throughout the entire process to ensure the stable operation of Procurement Management Manual; Training.Establishing Special List Management
end customers’ production processes and support improvements in production efficiency and product quality. Mechanism.
51 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 52｜ Acting for Good Building a Harmonious Society ｜ ｜ Acting for Good Building a Harmonious Society ｜
Supplier Management Standard Process Control links Risk points/Key Focus Areas Main measures Output results/management tools
Establishing Supplier Admission Mecha-
Non-compliant Supplier Qualifica- nism；
Trial Process Supplier tions Insufficient Performance Strictly reviewing supplier qualifications Supplier Admission Review
Capacity Potential Quality and capabilities and credit information; Records Supplier Database Admission
EHS Risks. conducting multi-dimensional assessments Qualification Archives.of key suppliers to ensure reliable sources
and qualified quality.Registration Commercial Admission
Application Review Review Entry Verification
Implementing Supplier Classification and
Supplier Classification Key Supplier Disruption Risks Grading Management
Technical and Grading Unstable Supply Chain Structure
Managing suppliers by importance level Classification and Grading List
Management Dispersed Control Resources. (Categories A/B/C/D);implementing focused Qualified Supplier Register.Review System Supplier control for core suppliers and differentiat-
Database ed management for general suppliers.Establishing Dynamic Assessment Mecha-
Routine Procurement Delivery Delays Quality Abnormali- nism Supplier Assessment Score Supplier Performance
Application ties Insufficient Service Capability Evaluating suppliers from dimensions of Sheets Performance Monitor-Assessment Unstable Performance. quality commerce and on-site management; ing Records.regularly reviewing contract performance.Procurement Implementing Supplier Evaluation Manage-
Qualified Supplier Committee Regular Supplier ment
List Review Evaluation Supplier Evaluation Supplier Risks Not Timely Identified Classifying suppliers as Excellent Good To Annual Supplier Evaluation
Management Declining Partnership Quality Non-trans- Be Rectified or Unqualified based on annual Results Qualified/Blacklist parent Performance. comprehensive assessment scores; updating Register.qualified supplier list and cooperation strategies
accordingly.Supplier Rectification
Establishing Supplier Exit Mechanism
Inefficient Long-term Partnerships Defining clear exit standards and procedures;
Supplier Exit
Supplier Exit Persistent Non-compliant Suppliers
implementing exit management for unquali- Supplier Exit Records Exited
Mechanism Risk Transmission to Production. fied poorly managed or seriously non-com- Supplier List.pliant suppliers to reduce systematic supply
chain risks.Strengthening Supplier Blacklist Management
Bid Rigging False Documentation Establishing supplier blacklist system; banning
Supplier Blacklist Major Contract Breaches Safety and seriously non-compliant suppliers; blacklist- Blacklist Supplier Database
Management Environmental Incidents Integrity ed suppliers ineligible for cooperation within Banning Mechanism Non-com-
Risks. 5 years; identifying and controlling risks of pliance Disposal Records.affiliated companies.Strengthening Risk Management
Promoting Integrity and Compliance Partnership
The Company attaches great importance to supply chain
Integrity and Adhering to principles of fairness impartiali-security and resilience and integrates supply chain risk Commercial Bribery Unfair Competi- ty and transparency; strengthening procure- Integrity Agreements ReportingCompliance Channels Supervision
management throughout the entire process of supplier Partnership tion Non-compliant Transaction Risks. ment process supervision; reinforcing integrity partnership through agreement Mechanism.admission evaluation cooperation performance perfor- constraints and reporting mechanisms.mance assessment and exit management while continu-
ously improving its supplier management system. Adhering Enhancing Supplier Records and Informa-
to the management principles of openness and transparen- tion Management
cy fair competition honesty and good faith the Company Supplier Records Information Gaps Leading to Untrace- Establishing supplier records management Supplier Archives Database and Information able Risks Inability to Review Supplier system covering admission documents Risk Record Ledger Informa-
strengthens the prevention and control of compliance Management Historical Performance. assessment records evaluation results and tion Traceability System.quality delivery and EHS risks in the supply chain through rectification status; achieving full life cycle
classified and tiered management dynamic evaluation traceability management.mechanisms and blacklist control measures thereby
building a stable reliable green and sustainable supply Improving Supply Chain Communication and Collaboration
chain ecosystem and ensuring the stable operation of Supply Chain Insufficient Collaboration and Coordina- Optimizing supplier communication mecha- Supplier Mutual Visit Records
production and business activities. Communication and tion Information Asymmetry Low nisms; gathering opinions and suggestions Satisfaction Surveys Collabora-
Collaboration Supply Chain Efficiency. through regular mutual visits and satisfaction tive Improvement Mechanism.surveys; enhancing cooperation efficiency
During the reporting period the Company organized a total and stability.of 58 hours of ESG training for suppliers covering 196
participant attendances. Driving Risk Rectification and Optimization
Risk Rectification Inadequate Problem Rectification Implementing rectification tracking for suppliers to be improved; taking measures Rectification Closed-loop Records and Optimization Recurring Risks. of downgrade suspension or elimination Grade Adjustment Mechanism.for suppliers with inadequate rectification.
53 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 54
Exceptional Evaluation｜ Acting for Good Building a Harmonious Society ｜ ｜ Acting for Good Building a Harmonious Society ｜
Deepening Harmonious Community Development
Deepening strategic cooperation
The Company proactively engages with external stakeholders including local governments industry partners universities and
research institutions and continues to deepen government–enterprise collaboration industry–academia–research integration and
industrial chain cooperation to jointly promote technological progress and high-quality industry development. While actively
integrating into local economic development the Company fully leverages both internal and external resource advantages to
achieve mutual benefit and win-win outcomes and continues to contribute the strength of China Resources Chemical Materials to
regional economic and social development and the green transformation of the industry.Deepening university–enterprise cooperation and jointly Leveraging association resources to enhance industry
pursue innovation-driven development influence
Company leadership led delegations to China Plastics Processing The Company actively integrates into the industry ecosystem by
Industry Association Jiangnan University Hunan University of becoming a member of the China Pharmaceutical Packaging
Technology and other higher education institutions for discus- Association participating deeply in the formulation of industry
sion and exchange with a view to advancing university–enter- standards and policy discussions and closely following development
prise cooperation and joint R&D. The parties jointly explored the trends in the pharmaceutical packaging sector. At the same timeapplications and development trends of packaging materials in the Company was recognized as one of the “Top 100 Packagingthe food pharmaceutical and cosmetics industries while actively Enterprises” by the China Packaging Federation demonstrating
seeking potential collaboration opportunities in the packaging its overall strength and brand position in the packaging industry
materials field. and continuously enhancing its industry influence and voice.Participated in the 12th World Congress of Chemical Engineering and
deepened industrial collaboration
On July 14 2025 China Resources Chemical Materials together with China Resources Pharmaceutical participated in the 12thWorld Congress of Chemical Engineering (WCCE12 & APCChE2025). Under the theme of “Biochemical Technology for a HealthierFuture” the two companies showcased the innovative applications of core products such as differentiated PET and PETG in the
fields of medical devices and medical packaging. They also further deepened integrated cooperation between the chemical and
pharmaceutical industries jointly advancing the development of high-purity high-performance polyester materials and contributing
“China Resources strength” to the coordinated development of the global chemical and pharmaceutical industries.Promoting industry development
The Company continues to deepen exchanges and cooperation with new materials enterprises while strengthening systematic
research and forward-looking planning across the new materials industry chain. Leveraging the diverse application-scenario
resources of China Resources Group it works in close coordination with CRB CR Double-Crane CR Pharmaceutical Business
NIGALE and CR Beverage to further identify high-quality new materials project opportunities and promote industrial synergy and
value co-creation.Participated in the 37th International Exhibition on Plastics and
Rubber Industries and deepened customer collaboration
On April 15 2025 the 37th China International Exhibition on Plastics and Rubber Industries (CHINAPLAS 2025) opened at Shenzhen
World Exhibition & Convention Center (Bao’an). As a leading enterprise in the polyester materials sector China Resources ChemicalMaterials participated in the exhibition with its core products showcasing innovative achievements under the theme of “Harnessingthe Power of Technology to Shape a Better Life.”
55 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 56｜ Acting for Good Building a Harmonious Society ｜ ｜ Acting for Good Building a Harmonious Society ｜
Participated in the 8th China International Import Expo and Public Welfare Education Support to Deliver Warmth
signed multiple procurement agreements
The “A Marathon for a Bag of Milk” charity event
From November 5 to 10 2025 China Resources Chemical Materials participated in the 8th China International Import Expo where In May 2025 the Company organized a team of 56it signed procurement agreements with three internationally renowned chemical companies to ensure the stable supply of key raw employees to participate in Changzhou’s 12th “Amaterials and strengthen industrial chain collaboration. Meanwhile at the “Buyer’s Corridor” the Company showcased its R&D Marathon for a Bag of Milk” charity event. Despite
achievements in advanced polymer materials as well as its achievements in green and low-carbon innovation through a combina- temperatures reaching 32°C they completed a
tion of physical exhibits and graphic displays attracting many international partners to stop by and engage in discussion. 26-kilometer walking challenge to raise funds for milk
donations to children in need. Since 2020 the
The Company actively participates in professional Company has participated in this event for six consec-
exchange activities such as international plastics utive years and in 2025 it was awarded the honorary
and rubber industry exhibitions the Nylon Industry plaque of “Caring Organization.”
Development Summit Forum and the Special
Engineering Plastics Industry Summit while
strengthening communication and interaction with
professional institutions in fields including nylon
film materials semiconductor materials and
pharmaceutical materials. By continuously tracking Red Education for Soul-building and Empowerment
industry development trends and cutting-edge technological directions the Company lays a solid foundation for extending the
industrial chain and advancing a diversified business layout. Carrying Forward the Spirit of Resistance and Strengthening the Enterprise
in Service of the Nation
In August 2025 the Changzhou Base organized 80 Party members officials and
frontline employees over three consecutive days to watch the film Dead to Rights.Contributing to rural revitalization Through the film they revisited the history of the 1937 Nanjing Massacre drew inspira-
tion from the fighting spirit of the forebears and transformed their patriotism and
The Company actively responds to the national strategy for rural revitalization proactively integrates into the Group’s rural revital- aspiration to build a strong nation into concrete actions to advance the Company’s
ization framework and continues to deepen designated assistance and cooperative development efforts to support improvements reform and development.in rural infrastructure and industrial development.Remembering History Strengthening Conviction Carrying Forward the
Supporting the development of Hope Towns. During the reporting period the Company continued to assign young key Legacy and Courageously Shouldering Responsibility
employees to Yimeng China Resources Hope Town to participate in township construction thereby contributing the strength of In September 2025 the Company organized more than 90 employees at its Changzhou
China Resources Chemical Materials to rural revitalization and common prosperity. Base to watch the film Evil Unbound in order to further study and implement the
guiding principles of President Xi Jinping’s speech at the conference commemoratingDeepening consumption-based assistance initiatives. The Company actively participated in the 2025 “Central SOEs Spring the 80th anniversary of the victory of the Chinese People’s War of Resistance AgainstFestival Consumption Assistance Campaign” purchasing RMB 102200 worth of agricultural support products including RMB Japanese Aggression and the World Anti-Fascist War draw lessons from history and
44600 of agricultural products from Guangchang County Fuzhou City Jiangxi Province a county assisted by China Resources foster a deep sense of patriotism and devotion to the nation.Group. It also participated in the joint consumption assistance initiative “Pooling Strength to Enrich the People and Boost Agricul-ture” organized by China Resources Group China National Nuclear Corporation and COMAC. During the fourth “Central SOEs SpringFestival Consumption Assistance Campaign” the Company made cumulative purchases of RMB 319200 including RMB 129000
of products from Haiyuan County Ningxia a county assisted by China Resources Group and RMB 190200 of agricultural products
from Pingshan County Shijiazhuang City Hebei Province a county assisted by other central enterprises and national ministries. Voluntary Blood Donation to Safeguard Life
Carrying out industrial assistance cooperation. Since 2021 the Company has provided industrial assistance to Guangchang Charity Blood Donation Activity in Changzhou
County Changsheng New Materials Co. Ltd. in Fuzhou City Jiangxi Province supporting the company’s development through raw In March 2025 the Company organized employees to visit the Changzhou Central Bloodmaterial supply assurance technical support and joint Party-building initiatives. Station to participate in the public welfare blood donation campaign themed “DonateBlood in Youth Volunteer for the Future.” Party members took the lead and employees
During the reporting period the Company helped Guangchang County Changsheng New Materials Co. Ltd. reduce raw material responded actively taking practical action to help sustain lives.procurement costs by approximately RMB 120000.“Little Green Orange” Volunteer Blood Donation Campaign
In September 2025 the Company organized 48 “Little Green Orange” volunteers to
Fulfilling social responsibilities participate in a public welfare blood donation campaign.The Company consistently upholds a social responsibility philosophy of “people-oriented development and acting for the greatergood” closely linking corporate development with social well-being. It actively engages in public welfare and charitable initiatives Voluntary Blood Donation Activity at the Zhuhai Base
giving back to society serving communities and caring for employees through concrete actions. From red education to urban In September 2025 the Zhuhai Base organized eight employees to participate in theculture and from voluntary blood donation to education assistance the Company measures responsibility through action and third voluntary blood donation campaign of China Resources Group themed “Donateconveys warmth through dedication striving to become a corporate citizen with compassion accountability and a strong sense of Blood in Youth Volunteer for the Future” helping carry life forward with their blood
social commitment while joining hands with all sectors of society to build a better future. donation.
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Pursuing Thriving Governance 03
Advancing Together toward a
Sustainable Future
China Resources Chemical Materials consistently upholds high-quality
development as its strategic guiding principle systematically advanc-
ing key tasks including standardized governance deepened reform
core business enhancement and technological innovation. By contin-
uously optimizing its governance structure and efficient operating
mechanisms the Company steadily strengthens its risk prevention
and control capabilities and decision-making standards comprehen-
sively enhances its corporate governance capacity and modernization
of governance and lays a solid foundation for its sound and sustain-
able development.Key Indicators
Held 4 shareholders’ meetings
Held 9 Board meetings
Overall completion rate of state-owned enterprise reform tasks: 100%
Zero incidents of commercial bribery and corruption
Full employee coverage of anti-corruption training
UN SDGs
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Enhancing the effectiveness of Strengthening investor relations
corporate governance Strengthening information disclosure
The Company strictly complies with laws regulations and regulatory requirements relating to information disclosure and adheres
Standardizing corporate governance to the principles of truthfulness accuracy completeness timeliness and fairness. It coordinates the preparation and disclosure of
periodic reports ad hoc announcements and other documents and fully and promptly discloses its operating conditions and
The Company continues to improve its modern corporate governance system and advance the deep integration of Party leader- progress on major matters to investors thereby effectively safeguarding the right of all stakeholders to be informed.ship with corporate governance. It has further strengthened its governance structure composed of the shareholders’ meeting
the Board of Directors the Board of Supervisors and senior management while continuously optimizing the division of powers Deepening investor communication
and responsibilities among governance bodies to ensure aligned authority and accountability coordinated operation and effi-
cient functioning. In accordance with relevant laws and regulations the Company has formulated the Investor Relations Management Policy and
With its Articles of Association as the foundation governance rules as the key and internal policies as the basis the Company improved its “4R” relationship management system covering investors media analysts and regulators. During the reporting period
continues to enhance its governance system regularly conducts evaluations of Board operations and improves the standardiza- the Company regularly carried out activities such as results briefings investor reception days institutional research visits and
tion and effectiveness of Board performance. At the same time it actively participates in the development of the CR Group’ s conference calls through a combination of online and offline channels while also actively participating in regional collective
director talent pool standardizes director appointment procedures strengthens support for director performance and continu- investor reception events and large-scale investment strategy conferences. The Company has established a dedicated investor
ously improves governance effectiveness. hotline and relies on the Shenzhen Stock Exchange’s Interactive Easy platform to respond promptly to investor concerns thereby
During the reporting period the operation of the Company’s governance bodies was as follows: effectively safeguarding the legitimate rights and interests of investors.Governance Body Number of Meetings Matters Considered
The Company regularly monitors and analyzes changes in its shareholder base and responds promptly to investor inquiries. In
Considered and reviewed 389 matters of various types including 36
Party Committee 36 ???? it provided responses to a total of ??? investor questions on the Shenzhen Stock Exchange’s Interactive Easy platform. The major operational and management matters subject to prior review replies were targeted and professional effectively addressing investor concerns relating to business operations financial
Investor Relationship performance and other relevant matters. The Company also introduced more diverse forms of investor engagement by inviting Chairman’s Special Meeting 29 Considered 64 agenda items investors and industry analysts to participate in interviews and site visits and by conducting interactive exchanges through both
(IR) Management
online and offline channels. In addition it held the ???? Annual Results Briefing to communicate clearly to the market the
General Manager’s Office Meeting 27 Considered 114 agenda items Company’s performance highlights industry insights and strategic plans thereby strengthening investor confidence.Board of Directors 9 Considered 46 resolution items
Board of Supervisors 7 Considered 21 resolution items
The Company maintains regular communication with industry analysts to share updates on its business operations and industry
developments helping analysts gain an accurate understanding of the Company’s development trajectory and promoting
Shareholders’ Meeting 4 Considered 14 resolution items
Analyst Relationship deeper research and understanding of the Company in the capital market. Through financial public relations introductions
(AR) Management performance briefings and active reception of research visits the Company continues to expand its network of new securities Board Specialized Committees 16 2 meetings of the Strategy and Sustainability Committee 2 meetings firms and analysts while continuously improving and enriching its chemical industry analyst contact directory.
Optimizing the structure of the Board of Directors and its specialized committees. Adhering to the principles of proactive communication and active relationship maintenance the Company maintains sound
three cooperative relationships in its daily operations with government authorities the Jiangsu Bureau of the China Securities During the reporting period the Company’s Board of Directors included independent directors accounting for one-third of Regulatory Commission the Shenzhen Stock Exchange China Securities Depository and Clearing Corporation Limited listed
the Board in compliance with the relevant requirements of the Company Law of the People’s Republic of China and the Code of Regulator Relationship company associations the media and other listed companies thereby creating a favorable external environment for its business
Corporate Governance for Listed Companies. The Board members possess professional backgrounds in accounting finance (RR) Management operations and development. At the same time it efficiently prepares and submits various reports and documents required by
economics chemical engineering and other fields as well as extensive industry experience providing strong support for the regulatory authorities and intermediary institutions ensuring smooth coordination with external organizations.Company’s strategic decision-making and sound operations.The Board has established four specialized committees: the Audit Committee the Strategy and Sustainability Committee the Nomi-
nation Committee and the Remuneration and Appraisal Committee. These committees have clearly defined responsibilities and
operate in a standardized manner. Among them the Audit Committee and the Remuneration and Appraisal Committee are
composed primarily of external directors effectively strengthening the independence and professionalism of oversight and enhanc- Standardizing the management of inside information.ing the standard of corporate governance and the quality of decision-making. The Company has established a management mechanism for insiders standardized the process for external information reporting
and strengthened public opinion monitoring and risk control to promptly grasp market feedback and industry trends thereby
continuously fostering a transparent and prudent image in the capital market.During the reporting period the Company released a total of 123 disclosure documents; successfully received one on-site visit
and survey by regulatory authorities; actively participated in four online and offline professional training and exchange activities
organized by regulatory authorities and relevant platforms; completed more than 10 feedback submissions on survey question-
naires and special tasks assigned by regulatory authorities; disclosed records of five investor communication activities; and estab-
lished communication channels with a cumulative total of 70 securities firms investment institutions and other stakeholders
while also creating a chemical industry analyst contact directory covering a total of 109 contacts.
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Ensuring full and rigorous Party self-governance Strengthening the integration of Party building with business operations to support
The Company’s Party Committee adheres to Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era as its guiding production and operational performance
principle thoroughly implements the overall requirements for Party building in the new era and closely aligns its efforts with the “Six Refine- Party branch secretaries take the lead in tackling key challenges through the implementation of the “Secretary Project.” The annual Party-building
responsibility agreement sets out tailored targets and Party branch secretaries give full play to the “lead goose effect” by taking the lead in addressingments Strategy” and key tasks. Centered on the main line of “precise theoretical guidance education-based team strengthening difficult issues that constrain development. Party members are encouraged to strive for excellence through the establishment of a “post-area-team”spirit-centered cultural cultivation and practice-based effectiveness testing” it has established an ideological and political work system excellence framework including Party member demonstration posts Party member responsibility areas and Party member vanguard teams. The
that promotes the effective implementation of Party building at the grassroots level and its deep integration into frontline business opera- Party-building themed campaign of “Strengthening Reform and Achieving Targets” is carried out in depth with specific tasks further refined and
tions. broken down supported by a performance tracking and effectiveness evaluation mechanism featuring monthly follow-up and quarterly reporting. Witha focus on cultivating a team of Party affairs personnel who “understand Party building understand business and understand management; canspeak can write and can deliver; and demonstrate strong political competence professional capability and work discipline” efforts are being made
Explore the establishment of a “thematic research + action learning” working mechanism under which members of the Party committee to explore and establish a “Five-Type Secretary” development framework featuring leadership-oriented problem-solving service-oriented innova-
leadership team take the lead in carrying out targeted research at the grassroots level to advance strategy implementation. In 2025 six tion-driven and integrity-focused secretaries.research projects covering key areas such as cost reduction and efficiency improvement technological innovation organizational restructur-
ing safety and environmental protection were promoted and implemented. The “Chemical Materials Development Forum” was carried Lead Geese Take Charge at the Forefront
out to build a mechanism of “discussion – collection – transformation – incentive” fostering a strong atmosphere for lean improvement.The “Six Refinements” Management Lecture Series was launched to enhance the capability and initiative for strategic execution through
lectures case analysis interactive discussions and simulation exercises.Strengthening benchmark leadership and stimulating the momentum for strivingthe“ Chemical Materials the Lean ProductionCost-Efficiency Pioneer Team offline interactive discussion for excellenceDevelopment Forum” Exchange Seminar
The Company deepens the education and management of Party members and gives full play to their vanguard and exemplary role. It carries out the
“Firm in Original Aspiration Advancing with Run Material” political birthday activities for Party members using the “Five Initiatives” to awaken their
original aspiration for joining the Party and strengthen Party consciousness; organizes the “Party Emblem Shines Posts Shine” activity for Partymembers to display their identity inspiring their awareness to take the lead and set an example; launches the “Pioneers Taking the Lead TacklingConsolidating the foundations at the primary level and strengthen the role of Challenges on the Front Line” commitment-fulfillment activities encouraging Party members to charge ahead conduct research and take action on
the front line; and conducts the “Run Material Pioneers Leading the Way and Making Contributions” campaign for Party members to strive for
grassroots Party organizations as strongholds for action excellence selecting model Communist Party members on a quarterly basis identifying advanced Party member role models across different periods
In step with business development the setup of grassroots Party organizations is dynamically optimized leadership teams are carefully and levels commending and publicizing them and promoting Party members to play a demonstrative and leading role in production and businessselected and strengthened and full coverage of Party organizations and Party work is achieved. The requirements of “dual cultivation and operations thereby making their vanguard and exemplary role concrete and visible.one delivery” are implemented strict quality control is maintained in Party member development and capacity-building training is carried
Reinvigorated and united for breakthroughs
out for Party branch secretaries and Party affairs personnel. Full implementation of the systems for the “Three Meetings and One Class”
themed Party Day activities and organizational life meetings is ensured while closed-loop management of organizational activities through
“planning–filing–documentation” is promoted to enhance the standardization and effectiveness of grassroots work.Building Party-building brands and creating distinctive identities
The Company’s Party Committee has established the core Party-building brand “RUN CAI” exploring the implementation of the “Five Leadership”the themed Party Day activity on“ Enhancing initiatives of banner leadership fortress leadership leading by example pioneer leadership and development leadership. Highlighting the characteris-Confidentiality Awareness and Strengthening the meeting for collective interviews with commend Advanced Primary-Level Party tics of each base the Changzhou base has created the sub-brand “RUN YOU CAI” while the Zhuhai base has established the sub-brand “RUN XINGInformation Security Safeguards” prospective Party members Organizations CAI”. At the same time by promoting coordination among mass organizations the Company has also developed the labor union brand “RUN JIANGCAI” and the youth league brand “RUN QING CAI” forming a “1+N” Party labor union and youth league brand system that resonates together and
works in synergy.“1+N”Partythe themed Party Day activity on“ Protecting theYangtze River Environment and Building a Better the seminar on the special initiative to strengthen the July ? Themed Party Day ActivityHome Together” the inheritance of red genes
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Deepening State-Owned Enterprise Reform Upholding Business Compliance Principles
Implementing the requirements of the State-owned Assets Supervision and Administration Commission of the State Council and
advancing the reform deepening and enhancement initiative. Strengthening Integrity Safeguards
The Company strictly complies with laws and regulations on anti-commercial bribery strictly prohibits any form of bribery corrup-
Strengthening organizational support. tion and improper transfer of benefits and requires all employees and partners to jointly uphold an honest and clean businessFollowing organizational restructuring the Company continued to optimize the composition of the “Reform Deepening and Enhancement Initiative environment. To effectively prevent and combat corruption the Company has established a rigorous integrity risk prevention andLeading Group” and the “Promotion Working Group” covering 12 departments business units and affiliated institutions. Functional lines coordinate control mechanism. Through annual risk assessments and quarterly monitoring it continuously evaluates the risks of commercial
and collaborate to ensure that reform responsibilities are implemented at every level. bribery and corruption and requires employees and key partners to sign the Integrity and Compliance Commitment Letter to
strengthen awareness of integrity in professional conduct.Advancing reform implementation.In December 2025 the Company convened a special meeting on the “Double Hundred Action” and the Reform Deepening and Enhancement Initiative Compliance complaint and whistleblowing handling mechanism
conveying the spirit of higher-level meetings publicizing the assessment and diagnostic evaluation report and focusing on optimizing assessment
indicators to enhance the effectiveness of reforms. The Company has established a standardized transparent and confidential mechanism for handling compliance complaints and whistleblowingforming a seven-step closed-loop management process of “centralized acceptance classified preliminary verification joint investigation timelyfeedback rectification supervision standardized filing and continuous improvement”. The mechanism is coordinated and managed by the Legal and
Leveraging demonstration effects. Compliance Department and strictly implements a five-working-day time limit for acceptance. The Company’s supervisory department is specifically
The Company achieved an “Excellent” rating in the Double Hundred assessment for both 2022 and 2023. It actively leveraged the demonstration and responsible for handling such matters and establishes dedicated working groups. Through nine detailed procedures including analysis and assess-
leading role of the Double Hundred Special Project using the reform deepening and enhancement initiative as a key driver to improve the quality ment classified handling coordinated investigation and follow-up on effectiveness the Company ensures that every report receives a response and
and efficiency of business development and contributing the experience of Chemical Materials to the reform of state-owned enterprises in the every issue is properly addressed while maintaining strict confidentiality throughout the process and preventing retaliation thereby promoting contin-
industry through benchmark practices. uous improvement in institutional optimization and risk prevention and control.Completing reform tasks. Seven-Step Closed-Loop Management Process
The Company’s reform work ledger focuses on 13 major reform themes comprising a total of 81 reform tasks. It undertakes 80% of the Phase Core Content
tasks in the Group’s reform ledger and has added 20% self-selected tasks achieving an overall completion rate of 100%. Centralized Intake Dedicated email submission; 5-day acknowledgment
Triage & Preliminary Review Initial verification for case merit
Building a value creation and strategic management system and comprehensively Joint Investigation Legal & Compliance-led cross-functional if needed
promoting benchmarking against world-class management Timely Feedback Results reported to complainant post-investigation
The Company continues to deepen its benchmarking initiative against world-class management standards focusing on coordinated Remediation Tracking Corrective plans with monitored implementation
advancement along two main lines: value creation and operational excellence.In terms of value creation the Company further optimized its value creation indicator system and established a quarterly tracking Confidential Documentation Full confidentiality; case files archived
mechanism to ensure dynamic control of indicators. At the same time it aligned the analytical outcomes of the indicator system
with the preliminary research for the 15th Five-Year Plan strategy providing support for development over the next five years. The Continuous Improvement Trend analysis for systemic risk prevention
Company convened multiple working group meetings to continuously refine working approaches and formulated a value creation
task list clearly defining the responsible units and expected outcomes for each indicator. In addition through internal and external
Nine-Step Detailed Handling Procedure
benchmarking research it studied and drew on the experiences of advanced enterprises to promote continuous management
improvement. Step Core Content
In terms of operational excellence and digital develop- Complaint Receipt /
ment the Company initially established an operational
excellence indicator system and accelerated the devel- Analysis & Assessment Establish handling task force
opment of an integrated digital platform. The platform
was officially launched in September 2025 covering five Categorized Processing Based on jurisdiction nature severity verification feasibility
key areas: procurement marketing production opera-
tions and finance. Cross-departmental data sharing Investigation Preliminary verification by investigation team
efficiency increased by 80% and 275 data analysis Decision Formulation Approval and execution per procedure
indicators were integrated with more than 82% of Result Feedback Timely response to complainant with ongoing communication
core indicators automatically collected and analyzed.Management can monitor operational dynamics through Rectification Tracking Develop and implement corrective plan
data dashboards providing data support for strategic
decision-making and shortening the decision response Case Filing Full confidentiality; standardized archiving
cycle by 40%. Continuous Enhancement Analysis and systemic improvement
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Strictly protecting the information security of whistleblowers Improving the Compliance SystemThe Company attaches great importance to the protection of whistleblowers establishes and improves whistleblower protection mechanisms and The Company has established a compliance management system centered on “Party Committee leadership Board supervision management account-ensures smooth reporting channels through letters visits phone calls and online platforms to promptly accept reports and accusations. It strictly ability departmental coordination and full employee participation” deeply integrating compliance requirements into key business processes such as
implements confidentiality requirements manages whistleblower information and report contents as confidential documents and strictly prohibits any procurement sales and investment and promoting the transformation of compliance management toward ex ante prevention and whole-process control.form of retaliation ensuring that whistleblowers are not subjected to unfair treatment as a result of their reporting.Strengthening the foundation of compliance management
In light of its business characteristics the Company formulated and issued the Detailed Rules for Compliance Management and the Detailed Rules
Email Tel for Overseas Anti-Commercial Bribery Compliance Management further improving the compliance management framework strengthening anti-com-mercial bribery risk prevention and control in overseas business and providing clear institutional guidance for the integrity and compliant operation
lianjie@crcchem.com 0519-85778288 of overseas business.Initiative Content & Results
Tiered & Categorized Policy Framework Established “Level-1 Policies—Level-2 Measures—Level-3 Rules” architecture for
systematic compliance management
Mapped 45 compliance obligations and 10 focus areas; developed obligation list
“Three Lists” Management Mechanism
Safeguarding Fair Competition risk list and review list for standardized compliance processes
Enhancing Code of Business Conduct Signatures Implemented routine signing mechanism ensuring full coverage; strengthened
The Company strictly complies with laws and regulations such as the Anti-Monopoly Law of the People’s Republic of China and employee compliance awareness
the Anti-Unfair Competition Law of the People’s Republic of China firmly prohibits monopolistic conduct and unfair competition Improving Fair Competition Compliance Enhanced identification assessment and control of fair competition risks
and is committed to maintaining a fair and equitable market competition environment.End-to-End Compliance Policy Network Gradually built comprehensive compliance system covering domestic and international
Improving the institutional system and preventing related risks operations across all processes
The Company implements the China Resources Group Measures for Anti-Monopoly and Anti-Unfair Competition Management and the Code of Strengthening Compliance Data Reporting Achieved standardized and routine compliance information reporting
Conduct for Employee Compliance clearly prohibiting illegal acts such as price manipulation bid rigging infringement of trade secrets and exchange
of sensitive information. In investment and merger and acquisition activities the Company strictly complies with merger control filing requirements
and strictly prohibits “gun-jumping” transactions prior to approval. At the same time by formulating systems such as the Measures for Trade Name Improving business management systems
Management and the Measures for Trade Secret Management the Company strengthens the protection of its intangible assets and prevents unfair The Company has established a hierarchical and categorized institutional management system to ensure that all business management activities are
competition from harming the Company’s interests. governed by clear rules and well-founded procedures.During the reporting period the Company did not experience any incidents of unfair competition.Level-1 Frame core business management behaviors with
Policies principles; serve as top-level design foundation
Define management requirements and basic
procedures for specific business matters; Level-2
ensure executability Measures
Level-3 Detail operational and procedural workflows for
Rules implementation; guarantee on-ground execution
Strengthening compliance to reinforce the defense line.The Company adheres to the concept of “compliance by all employees” and promotes the transformation of compliance awareness into “consciousbehavior” through multi-level and diversified training and communication.During the reporting period the Company achieved full compliance education coverage for personnel in key positions in areas such as anti-commer-
cial bribery and fair competition.The Company organized members of the Party Committee leadership team and directly The Company strengthened warning education and case-based analysis organized 21
managed cadres to complete the SASAC online integrity education training program special warning education meetings across all units and conducted self-examinations
with an average of 20.5 training hours per person and arranged for them to visit the against identified issues and developed warning education materials such as Insatiable
Jiangyin Anti-Corruption and Integrity Warning Education Center to receive work-style Greed Harms Both the Public Interest and Oneself and Stay Away from Greed Uphold
warning education thereby enhancing their awareness of voluntarily accepting Integrity and Self-Discipline and Advance Steadily through Coordinated Fulfillment of
supervision and exercising power in a standardized manner. the Four Responsibilities.The Company developed courses such as Fastening the First Button of Life and The Company issued the Plan for Building the Integrity Culture System and organized its
Integrity Creates Value Compliance Safeguards Development and delivered six first Integrity Culture Activity Month. It promoted integrity education to penetrate frontline
integrity training sessions and seminars to various categories of employees. It also operations and key areas and extended it to employees’ “circles of life” and suppliers. The
organized and conducted integrity talks for 78 newly appointed cadres fostering an Company organized all employees to sign the Integrity Practice Handbook clearly setting
atmosphere of care and support for young cadres. out the behavioral norms of the “Seven Dos and Seven Don’ts” and distributed Letters to
Families on Integrity to leading cadres and personnel in key positions. It also organized its
first supplier integrity communication session.
67 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 68｜ Pursuing Thriving Governance Advancing Together toward a Sustainable Future ｜ ｜ Pursuing Thriving Governance Advancing Together toward a Sustainable Future ｜
Standardizing Payment Practices
The Company strictly implemented the relevant policy requirements set out in the Opinions of the Central Committee of the Communist
Party of China and the State Council on Promoting the Development and Growth of the Private Economy the Opinions on Resolving the
Issue of Overdue Payments Owed to Enterprises and the Special Action Plan for Clearing Overdue Payments Owed to Enterprises
standardized payment practices and made full and timely payments to small and medium-sized enterprises. During the reporting period
no overdue payments occurred.Building Barriers Against Operational Risks
The Company convened a warning education meeting The Company carried out integrity-themed training
Comprehensive Risk Prevention and Control
The Company has continuously improved its comprehensive risk management system established a closed-loop management mechanism
of “identification–assessment–monitoring–warning–response–review” and embedded risk management throughout the entire process of
strategic planning annual business planning and major decision-making. During the reporting period focusing on key areas such as market
fluctuations fund security environmental emissions hedging and supply chain stability the Company established a risk monitoring indica-
tor system combining quantitative and qualitative indicators implemented a quarterly dynamic monitoring mechanism and promoted the
shift of risk management from ex post response to ex ante prevention.The Company organizes major risk assessments every year adopting a combination of a “bottom-up layered and graded” approach and
a “top-down approach from the shareholder perspective” to systematically review risk matters update the risk database identify
major and important risks and formulate special control measures for key risks. Through risk indicator warnings reporting through the riskThemed warning education activity on “Deepening the Study and 2025 Conference on Improving Party ConductEducation of the Spirit of the Central Eight-Point Rules and Upholding Integrity Combating Corruption and information system and a closed-loop rectification mechanism the Company continuously improves the accuracy of risk identification andForging a Strong Work Style among Party Members and Cadres” Advancing “Comprehensive Oversight” Work the timeliness of response providing strong support for the Company’s business decision-making.Risk Prevention and Control Organizational Structure
All departments business units and directly affiliated institutions
First Line Conduct risk prevention and control; specifically address major risks in
Employees receiving 14 Average training hours production safety and environmental protection
anti-corruption training 1，079 hours per employee
Compliance and Risk Control Team Legal Compliance and Audit
Department
Second Line Organize coordinate and promote implementation of risk control work;
2025 report progress and issues to the Law-based Enterprise Management Management personnel in 2 Board members in 6 Risk Control and Compliance Management Committeespecialized training Training Data specialized training
Audit & Supervision Team Legal Compliance and Audit Department
Third Line Conduct gap analysis and quality assurance on risk control work
Average training hours 14 Compliance officers
per board member hours 19 certified
Ensuring Information Security
The Company attaches great importance to information security and data protection and integrates cybersecurity data security and
business continuity management throughout the entire process of digital operations. By improving institutional systems strengthening
technical protection enhancing risk monitoring and emergency response and supporting these efforts with company-wide training and
communication the Company continuously enhances its information security prevention and control capabilities fully safeguards the stable
operation of its production and business systems and protects the information security of customers and partners.
69 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 70｜ Pursuing Thriving Governance Advancing Together toward a Sustainable Future ｜ ｜ Pursuing Thriving Governance Advancing Together toward a Sustainable Future ｜
Strengthening Comprehensive Risk Management Standardizing tax management
The Company continues to improve its tax management system consolidate its management foundation strengthen risk prevention and control
The Company has established a major operational risk indicator system and formulated 57 quantitative and qualitative early warning indica- standardize business guidelines and respond systematically to inspections effectively reducing tax risks and costs and providing strong support for
tors covering key areas such as environmental emissions fund security and hedging enabling real-time risk monitoring and thresh- the Company’s business operations and development.old-based early warning. It has also established a quarterly dynamic risk monitoring mechanism to update risk status on an ongoing basis
and ensure the timely reporting of risk information.During the reporting period the Company identified and assessed a total of 832 risks updated 18 categories in its risk database and
Updated the Guidelines for the Super Deduction of R&D Expenses; strengthened the tax-related
formulated monitoring indicators and control measures for 62 major and important risks continuously enhancing its capabilities in risk
control checklist at the source of business operations in conjunction with the tax manual; and
anticipation and forward-looking management.issued the Tax Control Checklist for the Full Business Lifecycle. The Company also optimized its
tax burden analysis reporting system including improving the profit analysis structure systemati-
Strengthening industrial risk management cally reviewing tax adjustment items strengthening the management of deferred tax assets and
The Company actively integrates into coordinated industrial chain Strengthening the tax liabilities implementing new tax policies and refining response mechanisms.development and explores new models for combining industry and management foundation
finance by deepening cooperation with financial institutions and
industry partners injecting new momentum into high-quality industry
development. In March 2025 the Company was recognized as a
cooperative partner of the Zhengzhou Commodity Exchange’s
industry-finance integration base. In May of the same year the Zheng- Updated the tax risk inventory and analytical models; carried out tax risk assessments and
zhou Commodity Exchange organized several futures companies and follow-up reviews of the basic tax evaluation; strengthened tax credit rating management and
futures risk management subsidiaries to conduct a special research achieved significant improvement. During the reporting year six domestic companies participat-
visit to the Company. The parties held discussions on key topics ed in the taxpayer credit rating evaluation of which four were rated Grade A and two were rated
including the development of polyester futures products the current Grade B. Grade A taxpayers accounted for 67% representing an increase of two Grade A taxpay-
state of the bottle-grade PET chip industry the use of futures Strengthening tax ers compared with the same period last year.instruments by upstream and downstream players across the industrial risk management
chain and industrial risk management with a view to promoting the
role of futures instruments in serving the real economy and helping
enterprises enhance their capabilities in cost control and market
response.Provide guidance for the Company’s downsizing initiatives and the establishment of new entities.Strengthening Operational Management Key measures included offering full-process guidance on liquidation procedures to ensure
efficient tax clearance as well as participating deeply in and guiding the optimization analysis of
The Company takes institutional development as the foundation and process control as the key lever continuously optimizing its operational functions at the Company’s production bases and headquarters.management system and promoting standardized institutional implementation and regulated business management. Focusing on key areas Providing standardized guidancefor major business activities
such as procurement sales investment funds contracts and asset management the Company has established a hierarchical institutional
system and approval mechanisms for key control points strengthened prior review and process supervision and ensured that all business
activities are carried out in accordance with laws and regulations.Strengthening operational safeguards In line with the overall requirements of “centralized coordination professional guidance dynamic trackingregular communication and closed-loop management” the Company has established a full-process closed-loop
In key business areas the Company has strengthened supplier admission review and contract review mechanisms promoted the integration of tax risk management mechanism covering receipt analysis response and feedback. It has also developed a
compliance checklists into business processes improved customer credit management and payment collection tracking mechanisms and reinforced three-in-one tax risk management model that integrates routine basic tax assessments internal risk evaluation
fund risk prevention and control. Through internal audits and special inspections it has promoted the closed-loop rectification of identified issues. At and responses to major tax risks. Issues identified through inspections are deeply incorporated into the annual
review of basic tax assessments and internal risk evaluation enabling effective linkage among risk identification
the same time the Company continues to give full play to the supervisory functions of the Board of Directors and its specialized committees assessment and rectification. By leveraging the coordinating and professional oversight role of dedicated task
strengthens the review of major matters and risk control and has formed an operational management framework that combines institutional Systematically carrying out forces and adhering to the deep integration of business finance and tax functions the Company effectively
safeguards process control and coordinated supervision. responses to major tax risks reduces both tax risks and tax costs.Improving due diligence
The Company refined its due diligence management system and
established an internally and externally coordinated due diligence
mechanism to conduct comprehensive investigations into strategy
finance legal affairs EHS and other aspects thereby comprehen-
sively assessing corporate value and risks.
71 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 72｜ Pursuing Thriving Governance Advancing Together toward a Sustainable Future ｜ ｜ Pursuing Thriving Governance Advancing Together toward a Sustainable Future ｜
Key Focus Recyclable high-barrier high-clarity differentiated polyester materials
Strengthening Technology Innovation Leadership
Market
Expansion Enter non-bottle fiber market; explore medical applications
Strengthening Operational Management
The R&D organizational system was continuously improved Frontier
R&D Bio-based materials and high-performance fiber sectors
The Company completed the optimization of the Technology Center’s organizational structure established four major functional
segments—science and innovation operations R&D support product R&D and analysis and testing—and implemented a matrix manage-
ment model. The original eight functions were integrated and streamlined into five with non-core functions such as process and product External collaboration + internal R&D synergy; accelerate R&D and commercialization Innovation
quality improvement and R&D platform management being separated out. This further sharpened the focus on the two core businesses of Model of high-potential new materials; serve national strategic needs through key technology
new product development and analysis and testing broke down platform barriers strengthened product orientation and enhanced internal breakthroughs
R&D service awareness.Improving the Institutional Management System
Technology Center The Company formulated and issued the Detailed Rules for the Implementation of R&D Investment Statistics and the Measures for the
Management of Technological Innovation revised the Measures for the Management of R&D Projects introduced the “green channel” and
the “open competition mechanism to select the best candidates” and initially established a whole-process management system covering
technological innovation planning project operation platform development and commercialization of achievements. At the same time it
Expert Committee completed the review and implementation of the Technology Center’s organizational structure and the “three determinations” plan for
staffing.Upgrading and Optimizing the R&D Information System
Analysis and
Testing Group Product R&D Group
Science and Innovation
Operations Group R&D Support Group Phase II of the PMS was officially launched in January 2025 achieving a vertical extension from basic R&D process management to the full
chain of “technology development–pilot-scale validation–commercialization of achievements”. Core functions such as strategic emerging
product management pilot production management task cost accumulation and technical package archiving were added and system
testing and functional optimization for both mobile and desktop terminals were completed.Core Core
Functions Functions
Advancing Digital and Intelligent Transformation
Technology R&D EHS Science and Innovation The Company continuously advanced the digitalization of R&D management. Through information system upgrades integration of testing
Innovation Management Management Analysis and TestingManagement resources and full-process digital management of chemicals it improved the operational efficiency of technological innovation and the
refinement level of management.New Product R&D Platform New Product Science and Innovation
Development Management Development Operations Building the R&D management platform
Process and Product Industry Research and Intellectual Property Phase II of the PMS realized the transformation from online process management to data value realization and strengthened the capability
Quality Improvement Market Development Management to evaluate the input-output efficiency of R&D investment through the cost accumulation function. The Company also carried out system
maintenance as needed completed data verification and retesting for the strategic emerging products and project management modules
Intellectual Production of and organized a communication meeting on issues arising from the use of Phase II to ensure stable operation.Property Management Differentiated Products
Strategic New Product Management Task Cost Aggregation
8 Core CoreFunctions 5 Functions Strengthen full lifecycle control of Achieve precise R&D investment accounting
strategic new products and output evaluation
Planning strategic objectives for technological innovation
Centered on the strategic plan of “foundation businesses + new materials businesses” and guided by the strategic positioning of Bridge technology R&D and industrialization Standardize technical achievement“practicing green upgrading driving innovative development and becoming the leading provider of the most competitive material solutions transformation documentation and knowledge managementin the industry” the Company will strengthen and optimize its polyester materials business and focus on the “four orientations” in the Pilot Trial Production Management Technical Package Archiving
development of high-end new materials.
73 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 74｜ Pursuing Thriving Governance Advancing Together toward a Sustainable Future ｜ ｜ Pursuing Thriving Governance Advancing Together toward a Sustainable Future ｜
Achieving integrated detection data
The Company completed the consolidated management of analysis and testing personnel at the Technology Center and the Changzhou Improving talent development mechanisms
base and actively advanced physical integration. Daily production services and R&D testing services were differentiated by service
recipients. Key testing personnel from the base participated in the work of the Technology Center’s testing platform some equipment was
shared common reagents were procured jointly and internal management was integrated and operated steadily. The Company formulated the China Resources Chemical Materials Talent Recruitment Plan clarifying
demand in areas such as market technical support polymer materials polymerization processes
polymer material modification engineering design and scientific research project management.Advancing the digitalization of chemical management During the reporting period the Company had 148 R&D personnel accounting for 13.72% of its total
workforce.The Company built a material management platform and deeply integrated it with the laboratory management platform fully covering the
entire process of chemical information including basic information storage use encryption and disposal. It also formulated the Provisions
on R&D Material Management of the Technology Center clarifying requirements for the use management and confidentiality of R&D
materials establishing concurrent material management roles and enabling real-time data monitoring and intelligent early warning.Strengthening intellectual property management
Strengthening intellectual property management. The Company formulated the Patent Management
System and established a management framework covering the entire patent life cycle standardizing
Building an Innovation Ecosystem patent application protection utilization and rights enforcement stimulating employees’ enthusiasm for innovation and safeguarding the Company’s legitimate rights and interests.The Company actively expanded internal and external innovation resources deepened industry-university-research cooperation and internal
Group collaboration and strengthened standards leadership and intellectual property deployment providing comprehensive resource
support for technological innovation. During the reporting period the Company was granted 5 patents and filed 11 patent applications of which 100% were invention patent
applications.Deepening industry-university-research cooperation Enhancing Science and Innovation Operations
The Company continuously optimized its technology innovation operation and management mechanisms strengthened whole-life-cycle
The Company together with Sichuan University jointly introduced seven engineering master’s and
project management promoted the release of pilot-scale production capacity and the development of the testing service platform and
doctoral candidates under a co-cultivation program who entered the Company for practical training in
supported the Company’s high-quality development.November 2025 and signed tripartite agreements; it also signed the Changzhou Laboratory Alliance
Agreement with the Yangtze River Delta Carbon Fiber and Composite Materials Technology Innovation Optimizing project management mechanisms
Center and as a participating entity advanced the application for the National Carbon Fiber Innova- Established a precise R&D closed loop of “market-project-production-market” formed a coordination mechanism among R&D production
tion Center. sales and other departments and institutionalized it through a series of interdepartmental coordination meetings; established a dynamic
ledger for projects under research and a weekly meeting mechanism to continuously track project progress.Improving the Sci-Tech Innovation Management System
The Company optimized its sci-tech innovation management system by actively adopting the Group's technological innovation systems. It
Advancing collaborative innovation within the Group completed the revision of the R&D Project Management Measures clarifying the "green channel" for R&D projects and the operational
mechanism of the project leader accountability system.The Company worked with China Resources Breweries Co. Ltd to jointly promote the Green High-Bar-
rier Beer Packaging Innovation Consortium project developing lightweight portable and environmen-
tally friendly plastic beer packaging materials with reduced emissions; it also organized three projects Compliance with Research Ethics
namely PETG nylon high-tenacity filament and PA66 industrial filament chips to participate in the
application for exhibition projects of major scientific and technological achievements under China Upholding research integrity
Resources Group’s 14th Five-Year Plan. The Company regards integrity as the foundation of scientific research and strictly adheres to the bottom line of scientific ethics. Before
the launch of any R&D project a letter of commitment to integrity must be signed and the entire process is digitally managed through the
R&D information management platform to ensure that experimental data are true and accurate and fully traceable throughout the process.Strengthening EHS control
Strengthening standards leadership The Company has established a pre-assessment mechanism for EHS in R&D projects to systematically identify environmental health and
safety risks and ensure that R&D activities comply with environmental protection regulations. During the reporting period the Company
During the reporting period the Company led the formulation of one group standard; cumulatively it continuously strengthened the EHS training system and further enhanced researchers’ awareness of safety protection and emergency
has led or participated in the formulation of three national standards eleven industry standards and response capabilities.three group standards covering areas such as green design product evaluation and waste plastic
bottle recycling and treatment.…
75 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 76｜ Future Prospects ｜ ｜ Future Prospects ｜
Future Prospects
2026 marks the opening year of the 15th Five-Year Plan period. In
the face of new circumstances new tasks and new challenges we will
remain committed to high-quality development. We will firmly implement
the practical requirements of the “dual cores and one force” approach
continue advancing the “Six Refinements Strategy” further deepen and
solidify the “Four Reshaping” initiatives and systematically enhance
our core competitiveness. We will promote the development of smart
green and service-oriented manufacturing accelerating the transition
toward innovation-driven quality-oriented growth. Upholding the principle
of alignment among strategy organization and culture we will build a
more scientific and efficient management system and foster an agile
high-performing organization.We will reshape the corporate spirit of passion perseverance and
entrepreneurship promote a culture that honors striving and dedication
and with a practical grounded and truth-seeking work style as well as
a sense of urgency and commitment to seize every moment focus on
making our business segments more specialized and refined strengthen
the market competitiveness of distinctive and innovative products and
secure a strong start for the 15th Five-Year Plan period.
77 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 78｜ Index of Indicators ｜ ｜ Index of Indicators ｜
Index of Indicators
the General Framework of Guide- the Guidelines No.17 for Self-regula- Strengthening
lines on Corporate Sustainability tion of Listed Companies— Environmental and First-level title Secondary title Report location E.2.1.1E2.3.2-E2.3.3 Article 29 P31-P33
Reporting for Chinese Enterprises Sustainability Reports (Trial) Report Ecological Foundation
(CASS-ESG 6.0) location
Strictly Controlling the
Discharge of the Three E2.1.2E2.2.1E2.2.3E2. Article 30 (1) (2) and Article
About This - P?.?-?.? Article ?? (?) P?-P? Wastes and Reducing 31 (1) P34
Report 2.5-E2.2.6Pollution
Message
from the - P?.? / P? Empowering
Chairman Employee S4.1.1E4.1.3-S4.1.12S4.2. Articles 49 50 (1) (2) and
Well-being and P37-P481-S4.2.6S4.3.1-S4.3.6 (3)
Company Profile P3.1 P3.3 / P7 Development
About China
Resources Chemical Advancing
Innovative Materials Governance Structure P3.4 / P7 S3.3.1-S3.3.6 Article 47 (1) (2) (3) (4) P48-P52
Acting for Good Customer Value
Building a Co-creation
Cultural Guidance P3.2 / P8 Harmonious Society
Building a
Responsible Supply S3.1.1-S3.1.4 Article 44 and Article 45 (1) P52-P54
G1.1.1-G1.1.2 Chain Network
Strengthening
Sustainability G1.1.5-G1.1.7 Article 11 (1) Article 52
Governance G1.1.11 G1.2.3 Deepening Harmoni- S1.1.1-S1.1.3S1.2.1-S1.2.2
ous Community Article 38 Article 39 (1) (2) P55-P58
Development S1.2.6 (3) and Article 40
Enhancing G1.1.3-G1.1.4
Sustainability / Enhancing the
Our Capabilities G1.1.10 P9 effectiveness of / / P61-P65
Sustainability - corporate governance
Journey P14
Materiality Analysis G1.1.9 /
Upholding Business
Compliance S3.4.1G2.1.1-G2.1.8，
Article 46 Article 48 (2)
Article 54 Article 55 (1) P66-P70
Stakeholder G1.3.1-G1.3.2 Article 53 (1) (2) Principles G2.2.1-G2.2.3 Article 56 (1) (2)
Communication Pursuing Thriving
Governance
Advancing
Breaking Through via Together toward Building Barriers
Circularity: Navigating a Sustainable Against Operational G1.2.2 / P70-P72
Industry Cycles with S2.1.3E3.3.1 Articles 20 23 (2) 28 and 42 (4) Future Risks
P15
Green Cycle Resilience
Infinite -
Innovation Synergizing Digital & Green P20 Strengthening
S2.1.1-S2.1.7
Technology Innovation Articles 41 42 (1) (2) (3) (4) Transitions: Leading S2.1.9-S2.1.13 E3.1.5G1.1.12 Article 20 Leadership and 43 (1) (4)
P73-P76
Industry Upgrades through S3.4.1-S3.4.2
Benchmarking
Future Prospects - A1 / P77-78
Addressing the E1.1.1-E1.1.9 Articles 11 (2) (3) (4) 12 (1) 13 P23
Challenges of 14 (1) (2) 15 (3) 24 25 26 27 -
Climate Change E1.1.12-E1.1.18 51 and 52 P28 Index of A3 Article 57 P79-80
Pursing Green indicators
Development for
a Shared
Ecological Future Appendix Key performanc A2 Article 57 P81-P88
Advancing E3.1.1-E3.1.5E3.2.1-
Circular Resource E3.2.2E3.1.5E3.3.2 Article 34 Article 35 (1) (2) (3)
P28
Utilization Article 36 (1) (2) Article 37 (1) (2) (3)
-
-E3.3.6 P31 Feedback A6 / P89-90
79 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 80｜ Key Performance Indicators ｜ ｜ Key Performance Indicators ｜
Key Performance Indicators
Corporate Governance Average number of hours of training for directors who received anti-corruption training Hours 12 15 14
Dimension Indicators Unit Data for 2023 Data for 2024 Data for 2025 Number of Patents Held Items 76 90 95
Number of Disclosure Reports Issued reports 141 114 123
Number of Invention Patent Applications Items 17 14 11
Number of board meetings Held meetings 9 8 9
Number of Invention Patents Granted Items 23 13 5
Number of Board of Supervisors Meetings Held meetings 8 7 7 Number of Valid Patents Items 76 90 74
Number of Strategy and Sustainability
Committee Meetings Held meetings 1 1 2 Number of Copyrights Held Items 2 2 2
Number of Audit Committee Meetings Held meetings 5 8 9 Number of Registered Trademarks and
Word Marks Held Items 4 7 33
Number of Nomination Committee Meetings Held meetings 2 3 2 Number of Software Copyrights Held Items 3 3 4
Number of Remuneration and
Appraisal Committee Meetings Held meetings 4 0 3
Number of New Patent Applications Filed
During the Year Items 23 15 11
Number of board members Persons 9 9 9 Number of New Copyright Applications Filed
During the Year Items 0 0 0
Male directors Persons 9 9 9 R&D Investment RMB 52385479.84 43126731.67 24418789.39
Disclosure by gender
Female directors Persons 0 0 0 Proportion of R & D investment in main
business income % 0.30 0.24 0.19
Corporate
governance Independent director Persons 3 3 3 Number of R&D Personnel Persons 153 149 148
Disclosure by type
Non-independent Persons 6 6 6 Proportion of R & D personnel to the total director number of employees % 8.46 8.86 13.72
Duration of law and compliance training Hours 4.50 14 11 Total assets RMB 100 million 104.95 90.36 83.22
Number of trainings on compliance
with laws and regulations Person-times 62 81 105 Operating income RMB 10000 1722498.46 1805525.40 1306816.44
Number of Concluded Corruption Cases
Brought by Regulatory Authorities against Cases 14 12 0 Total profit RMB 10000 48136.00 -61743.67 -11490.36
the Issuer or Its Employees
Average Hours of Anti-bribery and Anti-corrup- Hours 12 15 14
tion Training Received by Employees Net profit RMB 10000 37921.54 -57438.60 -8616.94
Number of Employees Receiving Economic
Anti-bribery and Anti-corruption Training Persons 1809 1682 1079 return on equity % 5.40 -8.30 -1.33 indicators
Proportion of employees receiving
anti-corruption training % 100 100 100 Return on total assets % 4.64 -6.26 -1.31
Total number of management personnel who
have received anti-commercial bribery and Persons - 159 223 Rate of value maintenance and apprecia
tion of state-owned assets % 103.26 91.54 98.99 anti-corruption training
Number of directors trained in anti-corruption Persons 2 5 2 Asset-liability ratio % 31.62 28.38 23.30
Proportion of directors who have received
anti-corruption training % 22.22 55.56 22.22 Total tax payment RMB 10000 26874.80 8224.80 6645.29
81 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 82｜ Key Performance Indicators ｜ ｜ Key Performance Indicators ｜
Employees Production personnel Persons 1363 1225 506
Dimension Indicators Unit Data for 2023 Data for 2024 Data for 2025 Salesperson Persons 68 64 83By Employee
Professional Technicians Persons 179 250 274
Labor contract signing rate % 100 100 100 Composition
Category
Financial personnel Persons 38 37 40
Social insurance coverage % 100 100 100
Administrative staff Persons 161 106 176
Average Number of Paid Annual Leave Days per Employee Days 9 14 16.30
Number of Newly Hired Fresh Graduates Persons 53 17 6
Health Check-up Coverage Rate % 100 100 100 Number of Employees in Financial Difficulty
Help employ- Receiving Assistance Persons 51 45 42
ees in
Total number of employees Persons 1809 1682 1079 difficulty Amount Invested in Assisting Employees in Financial Difficulty RMB 10000 7.55 7.10 7.70
Male Persons 1413 1330 795 Visit and Number of Households of Employees in
console the Financial Difficulty Visited and Comforted Households 2 4 2By gender families of
Female Persons 396 352 284 employees in Amount Invested in Visits and Comfort for
difficulty Employees in Financial Difficulty RMB 10000 0.06 0.35 0.08
Labor contract system Persons 1809 1682 1079 Number of sick employees Rescue sick Persons 17 14 16receiving Assistance
employees Amount invested in assisting
By type of Labor dispatch system Persons 0 0 0 sick employees RMB 10000 0.79 0.98 0.77
employment
Total Number of Departed Employees
Persons 0 0 323 Persons 113 199
53
Other
Staff turnover rate % 6.37 11.83 4.70
51 years and over Persons 206 220 140
Number of Departed Male Employees Persons 87 146 37
Employee 41 to 50 years Persons 526 511 314 By gender
performance By age Number of Departed Female Employees Persons 26 53 16
31 to 40 years old Persons 608 564 345
Number of Departed Employees Aged
51 and Above Persons 4 14 0
30 years and below Persons 469 387 280
Number of Departed Employees Aged 41–50 Persons 17 39 6
By age
Employees working in mainland China Persons 1794 1667 1071
Number of Departed Employees Aged 31–40 Persons 42 58 23
Employees working in Hong Persons 15 15 8 Number of Departed Employees Aged 30 Kong Macao and Taiwan and Below Persons 50 88 24
By region
Number of employees working Persons 0 0 0 Number of Departed Employees Working in in other countries and regions Mainland China Persons 111 198 49
By region Number of Departed Employees Working in Number of Local Persons 733 805 800 Hong Kong Macao and Taiwan Persons 2 1 4
Number of Departed Employees Working in
Bachelor’s degree and above Persons 552 525 465 Other Countries and Regions Persons 0 0 0
By academic Labor contract system Persons 113 233 49
qualifications Associate Degree Persons 526 492 336 By type of
Labor dispatch system Persons 0 0 0
Secondary Technical School and Below Persons 731 665 278 employment
Other Persons 0 0 4
Total number of grass-roots employees Persons 1633 1523 918
Total investment in staff training RMB 10000 230 122.75 143.20
Total number of employees at middle
management level Persons 139 121 103
Number of employee trainings Sessions - 64 63
Number of female employees at
By employee middle management level Persons 39 31 30 Employee training coverage 100 100
category % -
Total number of senior
management employees Persons 37 38 58 Total number of employees receiving training Persons 1809 1682 1079
Number of female employees at Persons 10 9 7 Total number of people receiving
senior management level environmental protection training Persons 1809 1682 994
83 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 84｜ Key Performance Indicators ｜ ｜ Key Performance Indicators ｜
Number of male employees
receiving training Persons 1413 1330 795 Industry and Community Relations
By gender
Number of female employees
receiving training Persons 396 352 284 Dimension Indicators Unit Data for 2023 Data for 2024 Data for 2025
Number of grass-root employees
receiving training Persons 1633 1523 918 Total number of suppliers (dealers) Suppliers 1971 886 998
By
Employee Number of middle management
Type employees receiving training
Persons 139 121 103 Supplier in Mainland China Suppliers 1942 860 964
Number of senior management By region
staff receiving training Persons 37 38 58 Hong Kong Macao Taiwan and
overseas suppliers Suppliers 29 26 34
Total Employee Training Hours Hours 42341 36230.33 38001
Percentage of supplier code of conduct signed % 100 100 100
Average Employee Training Hours Hours 23 21.54 35.20 Percentage of suppliers with clauses that include
environmental and labor requirements % 100 100 100
Total Training Hours Received
by Male Employees Hours 30467 28801.33 27998
By gender Number of Suppliers Subject to Social Impact Assessment Suppliers 77 88 89
Total Training Hours Received
by female employees Hours 11874 7429 1003 Number of Suppliers Subject to
Environmental Impact Assessment Suppliers 77 88 89otal Training Hours Received
by Grass-root Employees Hours 35021 28154.50 27189
By Number of Suppliers Identified as Having Actual
Total Training Hours Received and Potential Significant Negative Social Impacts Suppliers 0 0 0Employee by Middle Management Employees Hours 5200 4215.53 4855
Type Number of Suppliers Identified as Having Actual
Total Training Hours Received and Potential Significant Negative Environmental Impacts Suppliers 0 0 0
by Senior Management Employees Hours 2120 3860.30 5957
Coverage Rate of Work-related Injury Insurance % - 100 100 Number of Suppliers Terminated Due to Non-compliance Suppliers 5 14 36and Work Safety Liability Insurance
Number of Potential Suppliers Rejected Due
Safety training hours Hours 54414 47945.60 48680 to Non-complianc Suppliers 5 0 16
Safety production input RMB 100
million 0.14 0.09 0.01 Industry and
Total number of new suppliers Suppliers 213 102 126
Community
Relations
Injury Rate per Million Working Hours % - 2 0 Performance Number of local suppliers purchased Suppliers 378 216 258
Number of Emergency Safety Drills Times 66 59 52 By Percentage of New Suppliers Screened Using Environmental Criteria % 0.36 0.37 0.39
Assessment
Number of Participants in Emergency Safety Drills Person-
times 1451 976 726 Percentage of suppliers screened Type using social criteria % 0.04 0.05 0.05
Number of Work Safety Accidents Times 0 0 0 Proportion of buyers trained in sustainable
procurement within the company % 100 100 100
Number of Work-related Fatalities Persons 0 0 0
Supplier ESG training person-time Person- 648 1449 196
times
Work-related Fatality Rate % 0 0 0
Duration of supplier ESG training Hours 743.50 748.50 58
Work-related Injury Rate % 0 0 0
Number of employees participating in voluntary activities Person- 233 165 96
Number of Lost Workdays Due to Work-related Injuries Persons - 63 61 times
Duration of employee volunteer activities Hours - 552 399
Number of New Occupational Disease Cases Cases 0 0 0
The amount of charitable donations RMB
0 0 0 10000 43.18 28.17 0Occupational Disease Incidence Rate %
- 20 Investment of special funds for poverty alleviation
RMB
Number of Emergency Drills for Chemical Incidents Times 14 10000 32.39 11.86 42.14
Frequency of Special Equipment Inspections Times - - 12 Number of New Jobs Created Persons 257 72 36
Pass Rate of Special Equipment Inspections Times - - 100 Total investment amount of Rural Revitalization RMB 10000 - 6.86 42.14
85 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 86｜ Key Performance Indicators ｜ ｜ Key Performance Indicators ｜
Products and Services Sulfur dioxide emissions Tonnes 2.06 1.74 1.06
Dimension Indicators Unit Data for 2023 Data for 2024 Data for 2025 Sulfur dioxide emission reduction
(over the previous year) Tonnes -0.13 0.32 0.68
Number of Complaints Received Regarding NOx emissions Tonnes 93.22 79.52 55.17
Products and Services Cases 5 4 4
Emission reduction of nitrogen oxides
Items 0 0 0 (compared with the previous year)
Tonnes 17.41 13.70 24.35
Number of Products Recalled
Waste water discharg 10000 tonnes 45.28 43.93 44.57
Product Business scope covered by quality management
and service system certification % 100 100 100 Wastewater Discharge Reduction
perfor- (vs. previous year) 10000 tonnes 7.35 1.35 -0.64
mance
PETG Customer Satisfaction % / / 94.83 Chemical Oxygen Demand Emissions Tonnes 30.16 31.45 30.46
PET customer satisfaction % / / 96.60 Chemical Oxygen Demand Reduction (vs. previous year) Tonnes 2.28 -1.29 0.99
Ammonia Nitrogen Emissions Tonnes
Customer complaint handling rate % 100 100 100 4.70 4.87 4.73
Ammonia Nitrogen Emissions Reduction
(vs. previous year) Tonnes -0.49 -0.17 0.14
Waste Generated 10000 tonnes 0.48 0.36 0.32
Environmental
Waste Reduction (vs.previous year) 10000 tonnes -0.29 0.12 0.04
Dimension Indicators Unit Data for 2023 Data for 2024 Data for 2025
Total Recyclable Waste Tonnes 4545.07 3264.22 3098.62
Total Environmental Protection Investment RMB 100 million 0.08 0.11 0.10 Total General Solid Waste Tonnes 4697.01 3464.96 3123.14
Investment in Energy-saving and Emission-reduction Tonnes / RMB
Technological Upgrades RMB 100 million 0.10 0.01 0.02 General Solid Waste Intensity 100 million 27.27 19.19 23.62
10000 tonnes of Total Hazardous Waste Tonnes
Total Comprehensive Energy Consumption standard coal 21.28 20.21 18.60 119.81 121 108.75
equivalent
Tonnes of CO2
Tonnes of standard Scope 1 Greenhouse Gas Emissions 328982.45 311728.67 286275.04
Energy Consumption Intensity coal equivalent / RMB 0.12 0.11 0.14 equivalent
10000 Tonnes of CO2
Scope 2 Greenhouse Gas Emissions
10000 tonnes of equivalent 128889.96 121059.18 98329.60
Product Energy Savings standard coal 1.09 -0.61 -1.61
equivalent Other Indirect (Scope 3) Tonnes of CO2
Greenhouse Gas Emissions equivalent 671341.28 764092.77 3431976.90
Natural Gas 10000 13841 13079.15 12087.88 Scope 1 Greenhouse Gas Emissions Reduction Tonnes of CO2 equivalent -52905.01 17253.78 25453.63
Environ-
mental Diesel Liters 73000 55 26 Scope 2 Greenhouse Gas Emissions Reduction Tonnes of CO2 97591.68 7830.78 22729.58
perfor- equivalent
mance Total Greenhouse Gas Emissions Tonnes of CO2
Renewable Energy kWh 5694558 11258674 19429831 from Operations equivalent 457872.41 432787.85 384604.64
Greenhouse Gas Emissions Intensity Tonnes of CO2 0.66 0.66 2.92
Purchased Electricity kWh 232716791 228678176 108537050 equivalent / RMB 10000
Number of Chemical Leakage Incidents Incidents 0 0 0
Proportion of Renewable Electricity in Total % 2.46 4.92 9.49
Total Chemical Leakage Tonnes 0 0 0
Annual fresh water consumption 10000 tonnes 103.75 128.50 128.05 Product Recycling Rate % 100 100 100
Water consumption intensity Tonnes/RMB 10000 0.60 0.71 0.98 Electricity Saved kWh 1153660 3020168 23996724
Circulating water consumption Tonnes 8920.68 8884.06 9614.44 Total non-methane hydrocarbon emissions Mg/m3 4.45 4.66 5.17
87 CR CHEM-MAT｜2025 Sustainability Report CR CHEM-MAT｜2025 Sustainability Report 88｜ Feedback ｜ ｜ Feedback ｜
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