CONTENTS

Sustainable Development

Preface to the Report About WCON Governance

About the Report 01 Performance in 2025 03 Sustainable Development 09

Message from the Chairman 02 Company Profile 04 Goals and Vision

Product Roadmap 06 Sustainable Development 10

Governance Structure

Development Course 07

Honors 08 Communications with 11

Stakeholders

Management of Material 12

Topics

0102030405

Sound Governance 14 Green Operations for a Low- 29 Driving Innovation Creating 44 Uniting the Employees 59 Annexes 73

Sustainable Development carbon Future Shared Value Enriching the Society

Party Building Work 15 Response to Climate Change 30 Innovation-Driven Growth 45 Safeguarding Employees’ Rights 60 Indexes 73

Corporate Governance 16 Environmental Compliance 36 Product and Service Safety 49 Occupational Health and 67 Key Performance Indicators 78

Management and Quality Safety Form

Investor Relations Management 18

and Protection of Shareholders' Resource Utilization 41 Responsible Supply Chain 54 Community Public Welfare 71 Feedback 86

Rights and InterestsResponding to “the Belt and 72Risk Management and Internal 21 Road Initiative”

Control

Compliant Operations and 23

Business Ethics

Data Security and Privacy Protection 26Preface to About WCON Sustainable Development Sound Governance Green Operations for a Driving Innovation Uniting the Employees 2025 Environmental Social and Governance Report Sustainable Development Annexesthe Report Governance Low-carbon Future Creating Shared Value Enriching the Society

Preface to the Report

Reporting Scope Terms and Definitions

The Report focuses on “WCON Electronics Co. Ltd.”. The scope of the Report Unless otherwise indicated by the context the following terms in the Report have About the Report is consistent with the Company’s Annual Report unless otherwise stated. The the meanings as below:Report covers from January 1 2025 to December 31 2025 (the “ReportingPeriod”) and is released annually consistent with the financial year. To enhance

The Report marks the second comparability and completeness certain sections may reference data from Term Definition

environmental social and governance previous years or inclu forward-looking statements.

(ESG) report (hereinafter referred to WCON the Company We WCON Electronics Co. Ltd.

as “ESG report”) published by WCON

Electronics Co. Ltd. In line with the WCON Automotive Dongguan WCON Automotive Electronics

principles of objectivity standardization Co. Ltd.transparency and comprehensiveness Preparation Basis Company Law of the People's Republic of Company Law

the Report elaborates in detail on the China

Company’s efforts in environmental Shenzhen Stock Exchange Self-Regulatory Guidelines No. 17 for Companies Securities Law of the People's Republic of Securities Law

protection social responsibility and Listed on Shenzhen Stock Exchange - Sustainability Report (For Trial China

corporate governance for the year 2025 Implementation) Articles of Association of WCON Articles of Association

responding to the expectations and Electronics Co. Ltd.concerns of stakeholders. Shenzhen Stock Exchange Self-Regulatory Guidance No. 3 for Companies

Listed on ChiNext Market of Shenzhen Stock Exchange - Preparation of SZSE Shenzhen Stock Exchange

Sustainability Report

Global Reporting Initiative Sustainability Reporting Standards (GRI Standards) Confirmation and Approval

China Enterprise Reform and Development Society Guide to Corporate

Sustainability Reporting in China (CASS-ESG 6.0) The Report was approved by the Company’s Board of Directors on April 23 2026

and was subsequently released in conjunction with the Company's Annual Report

Task Force on Climate-related Financial Disclosures (TCFD) Framework for 2025. The Board of Directors has reviewed and approved this Repor and is

UN Sustainable Development Goals (SDGs) responsible for its content ensuring it is free from any false records ot misleading

statements and is truthful accurate and complete.The Report is published in both Chinese and English with the English version

derived from the Chinese version. For any discrepancy between the two versions

Data Explanation the Chinese version shall prevail.All information and data cited in the Report are sourced from the Company's Access to the Report

official documents statistical reports and financial reports as well as

the sustainable development practice information of various functional

departments and business units that has been compiled summarized and The Report is available for reference and download from the sustainability section

reviewed by the Company. of the Company's website (www.wcon.com) the Shenzhen Stock Exchange website

(http://www.szse.cn) or the information disclosure website designated by the

The Company pledges that there are no false records misleading statements Shenzhen Stock Exchange CNINFO (www.cninfo.com.cn). If you have any questions

or major omissions in the Report. Additionally unless otherwise specified all or suggestions about the Report please send an email to cwdg@wcon.com or call

currencies and amounts mentioned in the Report are denominated in RMB. 0769-85358915.

01Preface to About WCON Sustainable Development Sound Governance Green Operations for a Driving Innovation Uniting the Employees 2025 Environmental Social and Governance Report

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Message from the ChairmantDistinguished shareholders partners and to all who follow WCON’s sustainability We extend our innovation standards to the entire value chain establishing not the times so that we may truly say: “ With the sky as our only limit andjourney: only stringent quality supervision and product traceability mechanisms but also no peak too high to climb we strive to be the pinnacle of our industry.”

incorporating sustainable development requirements into supplier admission and

Greetings to you all! Here we sincerely invite partners from all sides to join WCON on the

audit standards. We are committed to collaborating with upstream and downstream

path of deepening our core business and bravely shouldering social

I am deeply honored to present the 2025 Environmental Social and Governance partners to jointly create a responsible traceable and resilient green value chain.responsibilities working together in unity towards a long-term future

(ESG) Report of WCON to you. The Report not only serves as a comprehensive

and jointly writing a new chapter of sustainable development that is

summary of our deepened ESG practices over the past year but also represents

Green Intelligent Manufacturing Co-creating Net-zero Carbon Factories. mutually beneficial win-win and full of warmth!

our solemn commitment to steadfastly following the path of sustainable

development in the future. On behalf of WCON I would like to express my sincere We integrate green concepts into our production and operations viewing energy

gratitude to all partners who have given us firm support and trust over the years! conservation and emission reduction as crucial pathways to value creation. Through

Looking back at 2025 the macro environment was complex and ever-changing precise monitoring and analysis of energy consumption we continuously optimize

with geopolitical conflicts and industrial chain restructuring posing severe our energy structure and strengthen pollution prevention and control. Guided by

challenges while the competitive landscape in the manufacturing sector became low-carbon goals the Company systematically promotes energy-saving renovations Chairman of WCON

increasingly fierce. Facing these challenges we viewed them as opportunities deploys intelligent energy storage systems and high-efficiency chilled water storage Electronics Co. Ltd.instead. WCON has consistently integrated the ESG concept into our strategic projects and breaks down low-carbon goals into measurable controllable and

decision-making and deeply embedded it into every aspect of corporate supervised routine practices. During the reporting period WCON was awarded the

governance production operations and business expansion seeking growth "Net-zero Carbon Factory (Three-Star)" certification which is both recognition and

momentum amidst uncertainties and exploring new avenues for value creation in a a new starting point. We will take this as a benchmark to transform certification

changing world. achievements into long-term momentum for sustainable operations achieving

synergy between ecological benefits and production efficiency. April 23 2026

Governance as the Foundation Building a Solid Compliance Base. Humanistic Cohesion Shouldering Social Responsibilities Together.We are deeply aware that robust governance is the cornerstone of a company's A company's development is inseparable from the efforts of its employees or the

stable and long-term development. WCON continuously improves its corporate support of society. We adhere to the guidance of Party building closely integrating

governance structure embedding risk control and compliance supervision corporate development with social responsibilities. In addressing public concerns

throughout the entire business operation chain. Through regular anti-commercial we organize voluntary blood donations and support community construction; in

bribery and anti-corruption training we have established a comprehensive times of social need we have promptly responded to assist in the Hong Kong

commercial ethics supervision system covering the entire process. The Company's disaster relief; and in the journey of rural revitalization we take practical actions to

Strategy and Sustainable Development Committee coordinates ESG strategies support agricultural assistance. Meanwhile we deeply recognize that employees are

and medium-to-long-term corporate strategic planning ensuring that every the Company's most valuable asset. We are committed to creating a warm secure

responsibility is effectively implemented. Meanwhile we adhere to the principle and promising work environment. Through diverse welfare benefits and incentive

of transparency in information disclosure comprehensively promptly and mechanisms we achieve emotional cohesion and outcome sharing ensuring that

accurately communicating corporate governance dynamics to safeguard the employee care is heartfelt rights protection is robust and growth empowerment is

right to information and supervision of all stakeholders thereby safeguarding the profound.Company's long-term development.Looking ahead to 2026 we will embrace the winds and forge ahead together. A

Innovation-Driven Growth Reshaping the Value Chain. new wave of technological advancements is surging and the dimensions of market

competition are comprehensively upgrading. This is not only a challenging period

WCON has always regarded technological innovation as its core driving force facing pressure but also an opportunity period to ride the momentum. Looking to the

attaching great importance to R&D innovation governance. We have formed an R&D future we are increasingly convinced that the path of sustainable development is not

model centered on product R&D and mold development supported by advanced a solitary journey but a collective one. It requires us to join hands with employees

manufacturing techniques such as precision stamping and injection molding. stand shoulder to shoulder with partners benefit society together and resonate with

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About WCON

Performance in 2025

Total Operating Income Net Profit Attributable to Percentage of Number of Labor Employee Training Coverage

Shareholders of the Parent Company Contract Workers Dispute Cases

71292.04 in RMB 10000 9882.92 in RMB 10000 100% 0 100%

Total Taxes R&D Investment Coverage Rate of Physical Number of Safety Number of Quality Percentage of Suppliers that Have

Examinations for Employees Production Accidents Training Sessions Signed the Integrity Agreement

3743.54 in RMB 10000 6389.34 in RMB 10000 100% 0 case 24 times 100%

Total Duration of Anti-Monopoly and Fair Signing Rate of the Business Ethics Agreements

Total Environmental Investment Number of Environmental

Competition Training

Training Sessions

RMB 392000 44 times 73.50 hours 100%

Number of Reports of Corruption or Proportion of Management Personnel Attended the

Total GHG Emissions Waste Disposal Compliance Rate

Bribery Incidents Anti-commercial Bribery and Anti-corruption Training

5140.68 tCO2e 100% 0 time 100%

03

Social Performance Governance Performance

Economic Performance Environmental PerformancePreface to About WCON Sustainable Development Sound Governance Green Operations for a Driving Innovation Uniting the Employees 2025 Environmental Social and Governance Report Annexes

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Company Profile

WCON Electronics Co. Ltd. was established in November 2002 and WCON specializes in the R&D design production and sales of industrial control connectors automotive connectors and new energy connectors. Its

was listed on the ChiNext Market of the Shenzhen Stock Exchange products can be widely applied in industrial control and automation equipment the “three-electric” systems (battery motor and electronic control

on September 8 2022 (Stock short name: Wcon Electronics Stock system) of new energy vehicles photovoltaic inverter systems robotics data centers and other fields. The Company adheres to specialized production

code: 301328). The Company is committed to providing customers covering the entire production process from the development and design of hardware and plastic molds to precision high-speed punching machine

with high-end precision connectors and solutions and has been stamping and precision plastic injection molding and then to automated product assembly.certified as a National High-Tech Enterprise and a Specialized and

Sophisticated SME in Guangdong Province. The Company has established an extensive standard product library and a high-standard quality supervision system boasting more than 20

prominent product families with over 50000 active trading SKUs and over 100000 reserved product SKUs. It has obtained a number of

authoritative certifications for the ISO 45001:2018 occupational health and safety management system ISO 50001:2018 energy management

system IATF 16949 quality management system in the automotive industry ISO 9001:2015 quality management system ISO 14001:2015

environmental management system QC 080000-2017 hazardous substance process management system and ISO/IEC 17025:2017 laboratory

competence accreditation. Furthermore it has successively obtained the UL (US) and CUL (Canada) safety certifications UL Witness Test Data

Program (WTDP) certification (US) and CNAS national certification with its products complying with EU RoHS and REACH environmental

directives among others.Looking ahead the Company will continue to uphold its core values

of “Focus Transcendence and Win-Win” remain true to its original

aspirations and strengthen its advantages. It will build brand reputation

through quality gain market trust through service and drive growth

through professionalism. By working hand in hand with its extensivepartners the Company will strive towards becoming the “world's mostvaluable provider of high-end precision connector solutions” leading

a new wave of development in the domestic connector industry!

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Italy

WCON ELECTRONICS EUROPE SRL

Hefei

Hefei WCON Electronics Co. Ltd.Kunshan

Hengyang Kunshan WCON Electronics Co. Ltd.Hengyang WCON Electronics Co. Ltd.Dongguan

Thailand WCON Electronics Co. Ltd. (Headquarters)

WCON ELECTRONICS (THAILAND) CO. LTD. Dongguan WCON Automotive Electronics Co. Ltd.Hong Kong

WCON HARDWARE ELECTRONICS LIMITED

Singapore

WCON ELECTRONICS (SINGAPORE) PTE. LTD.WCON Headquarters Kunshan Hengyang Hefei Thailand

60228+29170m2 48000m2 4500m2 1950m2 37000m2

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Product Roadmap

2025

Corporate Industrial Automation and Control: Series connectors featuring small pitch ultra-low mating

Culture height high-speed and power-signal hybrid functionalities

Vehicles: Miniaturized integrated and high-performance series connectors; FARKA MINI-FARKA

automotive Ethernet and wiring harnesses automotive TYPE-C wiring harnesses 0.50mm power-

signal hybrid floating board-to-board ; FPC & FFC lightweight battery management system

connectors

New Energy: Series connectors with small volume high current high voltage and waterproof/UV-

resistant properties

Emerging Fields: Data centers servers commercial vehicles construction machinery robotics

energy storage charging equipment power supplies medical devices rail transit urban and

building intelligence etc.Corporate Corporate

Vision Mission Values

Become a global Meet the diverse Integrity-Driven

high-end precision needs of global Operations Quality Future Outlook

connector and customers and First Innovation-

customer solution create sustainable Driven Growth 2026 Emerging Fields: Data centers and AI servers artificial intelligence and robotics and etc.service provider to value for the Collaboration

lead technological connector industry for Win-Win

innovation and and society. Outcomes.application

development.

2030

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Development Course

2025

We increased capital

investment in the holding

subsidiary WCON

Automotive and successfully

put Kunshan Intelligent

2023 Manufacturing Base into

2019 Through our holding production significantly

2015 We increased investment in subsidiary WCON

enhancing the Company's

high-end stamping and injection Automotive we developed

service response speed and

We successively launched

high-frequency and supply chain security in the

such products as Box molding equipment and

high-speed automotive East China market.headers and Ejector expanded the mold processing

2010 connectors such as Fakra headers which are mainly center. Meanwhile the Company

Mini Fakra and Ethernet to

We developed used for solar inverters held the founding conference expand our business field.automotive electronics entered the new energy of the joint stock company and

2002 series products began field and developed I/O unanimously resolved to convert

The predecessor of to enter the automotive series products further and establish as a joint stock

the Company WCON field and obtained enriching the application company.Hardware Electronics Co. the IATF 16949 quality scenarios of industrial 2026

Ltd. was established. system certification for control connectors. The company name wasthe automotive industry. changed from “WCONElectronics (Guangdong) Co.

2024 Ltd.” to “WCON ElectronicsAs the projects funded Co. Ltd.” to break through

by the initial public geographical limitations and

2022 offering of shares were highlight the Company's

We were listed on the put into production national layout and

2017 ChiNext Market of the Dongguan HQ international strategy.

2004 2013 the Shenzhen Stock relocated to the Daning The Dongguan HQ

Exchange. Plant expanding our

We secured UL (US) and We introduced the lean relocated to the Humen facility to over 60000

CUL (Canada) safety production management Plant expanding our square meters further

certifications while mode CAE product facility to over 30000 improving the capacity of

launching the Wafer series development and Model3D square meters. intelligent manufacturing

products significantly mold flow analysis production.expanding the portfolio. simulation software to

optimize production

management efficiency

and strengthen product

development capabilities.

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Honors

Guangdong Provincial Enterprise

Technology Center Guangdong Provincial Green Factory

Department of Industry and Information Technology

Department of Industry and Information Technology of Guangdong Province

of Guangdong Province

Outstanding Achievement Award in

Dongguan Skilled Master Studio in 2025 Connector Science and Technology in 2025

Human Resources and Social Security Bureau of Guangdong Connector Industry Association

Dongguan

SSE Eagle - Gold Quality - ESG Award ESG Rating Upgraded to A Level in 2025

Xinhua News Agency Shanghai Securities News

WIND

www.cnstock.com

Annual Excellence Award for Investor Annual ESG Value Communication Award

Relations Construction among Listed among Listed Companies in 2025

Companies in 2025

Shenzhen ValueOnline Information Technology Co. Ltd.Shenzhen ValueOnline Information Technology Co. Ltd.

08Preface to About WCON Sustainable Development Sound Governance Green Operations for a Driving Innovation Uniting the Employees 2025 Environmental Social and Governance Report Sustainable Development Annexesthe Report Governance Low-carbon Future Creating Shared Value Enriching the Society

Sustainable Development Governance

Sustainable Development To better align with global development trends the Company actively responds to the UN Sustainable Development Goals (SDGs) formulating sustainable development management objectives based on the core principles of the SDGs and its operational context. By collaborating with global

Goals and Vision enterprises and governmental agencies the Company aims to address critical global challenges including environmental protection social equity and

economic prosperity to foster a more prosperous and sustainable future together.Management

Level Production/Operation Supply Chain Employees Product Social Engagement

SDGs

Further refine and implement the Require suppliers to sign integrity Improve the EHS management system Establish and optimize innovative Regularly organize community volunteer

environmental and hazardous substance and confidentiality agreements and to achieve the goal of zero work-related manufacturing bases while introducing activities

process control standards and systems continuously monitor their certifications of accidents industry-leading manufacturing and Create high-quality job opportunities

under the ISO 14001 and QC 080000 social responsibility-related systems Ensure unimpeded access to employee quality management software

certification systems Advocate peace and justice on a global Integrate the requirements of sustainable complaint and reporting channels Further refine and implement the internal scale

Optimize the energy structure and development actions into supplier while regularly conducting anonymous quality control standards and systems

increase the share of clean energy audit criteria and establish a regular employee satisfaction surveys under the ISO 9001 and IATF 16949

Further optimize carbon emission communication and supervision Engage a third-party company to certification systems

management based on the ISO 14064 mechanism regularly conduct workplace environment Intensify R&D investment

certification to achieve carbon reduction Provide suppliers with sustainable assessments to prevent occupational comprehensively optimize the R&D

goals development training resources and plans diseases environment and significantly drive

Meet the standards for sewage detection Intensify professional training in technological innovation and product

Strictly implement the waste management information security and privacy

upgrading

system and explore new channels for protection Encourage R&D and technology iteration Action

Objectives waste conversion Continuously conduct the anti-corruption

in green products and clean technologies

Implement the 3R concept and integrity training and achieve 100%

employee sign-off on the Anti-Corruption

Improve the corporate governance and and Integrity Agreement for Employees

internal control system and reduce the risk

of information leakage Implement a comprehensive employee

performance reform clarify the promotion

Strengthen the business ethics pathways for each position and create all-

management and training systems ensure around on-job training opportunities

unimpeded access to anti-corruption

reporting platforms and channels and Improve the level of employee benefits

establish a feedback loop for reporting

and resolution

Regularly conduct multi-channel

communication with stakeholders

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Sustainable Development Governance Structure

The Company has established a Strategy and Sustainable Development Committee under its Board of Directors and constructed a three-tier

ESG management structure consisting of the “decision-making level - planning level - implementation level” fully leveraging the advantages

of each level. Through strategic decision-making by the Board of Directors overall planning and management supervision by the Strategy and Sustainable Development Information

Sustainable Development Committee and implementation of specific tasks by the ESG Task Force and various departments the Company has Management Mechanism

formed a management system with a complete structure clear hierarchies and well-defined responsibilities ensuring more standardized and

orderly sustainable development management. The Company is gradually establishing a sustainable

development information management mechanism that

covers multiple key topics including innovation-driven

The leading and decision-making body for ESG initiatives which

Decision- growth product and service safety and quality response

Board of Directors oversees the decision-making of the Company’s ESG strategy and

making Level to climate change occupational health and safety among

action plans. others and continuously improving the ESG management

indicator repository. Each executing unit regularly collects

organizes analyzes and reports relevant information and

data. Subsidiaries report on implementation progress in a

The research and guidance body for ESG initiatives which conducts timely manner on an as-needed basis according to actual

research analysis and assessment on the Company's ESG matters circumstances. This enables the Company to promptly

Planning Level Strategy and Sustainable Development Committee (such as climate change environmental management and business

grasp the operational status of its sustainable development

ethics) regularly reviews the Company's ESG strategies policies risks governance mechanism ensuring a clear understanding

target performance etc. and examines the annual ESG report. and efficient execution of sustainable development goals

within the Company.The implementation administration and coordination body for ESG Sustainable Development Supervision

initiatives which are composed of department heads and ESG liaisons and Assessment

from the Company and its subsidiaries which is responsible for

ESG Task Force

providing assurance and professional support to fulfill work related to The Company has established internal and external audit

strategy and sustainable development with the Company's Securities systems for sustainable development. Annual audits are

Department serving as the lead unit. conducted corresponding improvement tracking plans are

Implementation developed based on audit reports and the ESG Task Force

Level is tasked with coordinating and urging responsible units

The specific executing units for ESG initiatives which are responsible to implement improvement measures until the successful

for promoting and implementing the daily management of ESG completion of each plan. Meanwhile the Company plans to

Departments of the Company matters including implementation and monitoring regularly gradually break down sustainable development goals into

and Its Subsidiaries collecting organizing and promptly reporting on implementation specific indicators and incorporate these relevant indicators

progress in accordance with the Company's sustainable development into the performance assessment systems of various

strategies and goals. departments. This will drive responsible departments to

implement the ESG concept in their work comprehensively

enhance the Company's coordinated development level in

To strengthen the implementation of sustainable development strategies and further enhance the Company's influence and management level the ESG field and provide strong support for achieving the

in the field of sustainable development the Company has formulated institutional documents such as the Rules of Procedure for the Strategy Company's long-term stable development goals.and Sustainable Development Committee of the Board of Directors the Sustainable Development Management Manual and the Environmental

Social and Governance (ESG) Management System. These documents standardize relevant operational processes and fully integrate ESG

requirements into the Company's daily operations and management.

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Communications with Stakeholders

The Company places high importance on communication and exchange with stakeholders by conducting a stakeholder identification process based on business operations and has identified seven core stakeholder groups. By

establishing diversified communication mechanisms the Company gathers and responds to stakeholders’ expectations and suggestions systematically.Stakeholders Communication Channels Topics of Concern Response

Corporate Governance Improvement of Corporate Improvement of Profitability

Shareholders’ Meeting Performance Briefings Compliance Compliance and Risk Control Governance

Shareholders and Investors Improving the Sustainable

Information Disclosure Investor Research Reception Protection of Shareholders’ ESG Governance Strengthening Investor Development Management

Rights and Interests Relations Management System

Offering Clear Career

Improving Compensation

Employee Activities Training and Development Development Channels

Labor Union Committee and Benefit Systems

Employees Protection of Employees' Employee Satisfaction

Employee Training Legal Rights and Interests

Occupational Health and Ensuring Employees’

Establishing an Employee

Surveys Safety Occupational Health and

Training System

Safety

Implementing Transparent

Suppliers Supplier Assessment and Anti-commercial Bribery Improving the Supplier Supplier Communication Supply Chain Security ProcurementAudit and Anti-corruption Management System

Supplier ESG Managemen

Adhering to Product Quality Strengthening Innovation

Customer Communication Customer Satisfaction Innovation-Driven Growth

Management Capabilities

Customers and Feedback Channels Survey Product and Service Safety and Quality Data Security and Privacy Improving Customer Service Strengthening Information

After-sales Service Industry Exchanges Protection

Management Security Management

Industry Associations or Industry-university-research Product and Service Safety Strengthening Innovation Adhering to Product Quality Industry Exchanges Innovation-Driven Growth

Research Institutions Cooperation and Quality Capabilities Management

Social Organizations Media Community Public Welfare Media Communication Contribution to Society ESG Governance Providing Local Job Opportunities

and the Public Activities

Cooperating with

Governmental or Regulatory Government Research

Improving the

Environmental Compliance Corporate Governance

Special Reports Environmental Management Compliant Operation

Agencies Compliance Supervision Management Compliance System

Investigation

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Management of Material Topics

The Company has formulated the Procedures for Determining Material Sustainability Topics by referring to the assessment methods stated in domestic and international disclosure standards such as the Self-Regulatory Guidelines

No. 17 for Companies Listed on Shenzhen Stock Exchange - Sustainability Report (For Trial Implementation). This document is applied for systematically identifying assessing and determining sustainability-related topics that have

a significant impact on the Company's own operations and value creation as well as the judgment and decision-making of stakeholders with the specific implementation steps as follows:

Assessment Step 1: Understand the Company's

Process of Step 2: Conduct preliminary topic screening Step 3: Assess the materiality of topics Step 4: Confirm material topicsbackground

Material Topics

1-1: Analyze based on global Drawing on the Self-Regulatory 3-1: Assess impact materiality Form a topic list based on

trends and conduct macro- Guidelines No. 17 for Companies Sort through the potential or impact materiality and financial

environment analysis of China's Listed on Shenzhen Stock actual positive or negative materiality and ensure that the

industry development trends Exchange - Sustainability Report impacts of each topic on the relevant topics are transparently

(For Trial Implementation)

1-2: Analyze based on the external environment society

fairly and comprehensively

UN Sustainable Development

industry and economy and conduct a

disclosed in the report.Goals (SDGs) SASB MSCI and survey analysis of stakeholders

1-3: Analyze based on the related topics from domestic using a questionnaire with

Company's business model and international peers identify a total of 208 questionnaires

24 material topics based on the

1-4: Identify the stakeholders of collected. Based on the survey Company’s own conditions and

the Company and the impacts results identify 18 topics with establish a sustainability topic

risks and opportunities the impact materiality.library.Assessment Company faces 3-2: Assess financial materiality

Method Through the analysis of

impacts dependencies and

other factors in combination

with survey results and expert

judgments and risk identification

and assessment lists from

departments identify and assess

risks and opportunities under

each relevant topic and identify 5

issues with financial materiality.

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Material Topic Library Assessment Result of Topic Materiality

Based on the analysis results of industry standard and stakeholder feedback from returned surveys

Dimension Topics we identified key topics in two dimensions of "impact materiality" and "financial materiality" to form a

matrix of material topics in 2025.Dual Materiality Assessment and Analysis

Environmental Compliance Pollutant Emissions

Management Waste Disposal Environmental Protection of Compliance Employees' Legal

Energy Utilization Ecosystem and Biodiversity Management Rights and Interests

Response to Climate Change Conservation Water Resource Training and

Environmental Utilization development

Water Resource Utilization Pollutant Emissions Occupational Health

Waste Disposal and Safety Energy Utilization

Protection of Data Security and Response to Climate Change

Shareholders’ Rights Privacy Protection Innovation-Driven Growth

and Interests Conflict Minerals Product and Service Safety and Quality

Corporate Governance Supply Chain Security

Compliance

Compliance and Risk

Control

Protection of Employees' Data Security and Privacy Anti-commercial Bribery and Anti-

Legal Rights and Interests Protection corruption

Training and Development Supply Chain Security

Occupational Health and Conflict Minerals

Safety Contribution to Society

Social Innovation-Driven Growth Rural Revitalization

Product and Service Safety Ecosystem and Biodiversity Conservation

and Quality Due Diligence

Communications with Stakeholders

ESG Governance

Contribution to Society

Rural Revitalization

Protection of Shareholders’ Due Diligence

Rights and Interests Communications with

Corporate Governance Stakeholders General Materiality Very High Materiality

Compliance ESG Governance Materiality to Corporate Finance

Compliance and Risk Control

Governance

Anti-commercial Bribery and Note: To ensure the relevance of the Report the Company prioritizes core risks and opportunities related to connector

Anti-corruption manufacturing during topic screening excludes topics with low relevance and discloses information in accordance with

GRI standards. Topics such as technology ethics ecosystem and biodiversity conservation and equal treatment of small

and medium-sized enterprises fall under disclosure topics for specific stakeholders that the Company does not currently

engage in and thus relevant content will not be disclosed.

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Very High Materiality General Materiality

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01

Sound Governance

Responded

Sustainable Development Topics

WCON consistently upholds compliance as its cornerstone and Corporate Governance Compliance

responsibility as its guiding principle continuously improving the Protection of Shareholders' Rights and Interests

corporate governance structure perfecting the internal control and Compliance and Risk Control

risk management mechanism strictly upholding business ethics and Anti-commercial Bribery and Anti-corruption

effectively protecting the legitimate rights and interests of shareholders. Data Security and Privacy Protection

Through these comprehensive efforts we solidify the foundation for

development and promote long-term stable corporate growth.

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Party Building Work

On September 17 2025 upon approval from the CPC

Humen Town Committee the Company formally established

the CPC Branch Committee of WCON Electronics Co. Ltd.Meanwhile in strict accordance with inner-Party laws and

regulations such as the Regulations on the Work of CPC

Branches (for Trial Implementation) a basic work system

framework was initially established including the "Three

Meetings and One Lecture" System the Theme Party Day

System and the System for Organizing Life Meetings and

Democratic Evaluation of Party Members.During the reporting period the Company convened a

general meeting of Party members completed the election

of the Party branch secretary and further improved

organizational construction; organized thematic Party

lessons on the Constitution of the Communist Party of Study of Party Lessons General Meeting of Party Members

China to strengthen Party members' awareness of purpose

and discipline; and organized a themed Party day activity

called "Learn Business at the Frontline and Be a Pioneer

in Your Post" allowing participants to deeply appreciate

the precision technologies and rigorous requirements of

connector manufacturing through immersive learning

further consolidating the ideological consciousness and

practical consciousness of integrating Party member

responsibilities into the Company's "quality lifeline" and

"technological innovation chain."

In the future the Company's Party branch will continue

to deepen the creation of the Party building brand of

"Precision Connection · Pioneer Leadership" promote the

deep integration of its connotation with the Company's

mission and vision and further promote the deep

integration of Party building with business operations

its close connection with employee care and its organic

integration with ecological collaboration. Through Party

building the Company takes the lead in high-quality

enterprise development injecting a continuous stream of

Party-building-driven momentum into achieving a more Party Branch Plaque Themed Party Day Activity

sustainable and competitive future.

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Corporate Governance

Shareholders’ Meeting

Board of Directors

In strict accordance with the requirements of laws

regulations and normative documents such as the Company

Law and the Securities Law the Company took improving

corporate quality as its work goal and systematically Nomination Committee Compensation and Appraisal Committee Strategy and Sustainable Development Committee Audit Committee

and continuously optimizes the internal control system

forming a corporate governance system with clear rights

and responsibilities distinct functions mutual checks and

balances scientific decision-making and standardized Shareholders’ Meeting

operation.During the reporting period the Company strictly complied with the requirements of laws regulations and normative documents such as the Company Law

To adapt to new regulatory requirements and the

the Securities Law and the Rules for Shareholders' Meetings of Listed Companies. In accordance with the internal provisions of the Articles of Association

Company's development strategy during the reporting and the Rules of Procedure for Shareholders' Meetings it standardized the management of the entire process including the convening holding proposal

period the Company completed the revision of 36 internal

deliberation and voting procedures of the Shareholders’ Meeting. The Shareholders’ Meeting was convened by combining an on-site meeting and online

control systems including the Articles of Association

voting providing convenient voting channels for all shareholders especially minority shareholders to participate in the Company's major decisions ensuring

the Rules of Procedure for Shareholders' Meetings the

that the legitimate rights and interests of shareholders such as the right to know the right to participate and the right to vote could be exercised equally

Related Party Transaction Decision-Making System the

and fully. To ensure the legality and compliance of the procedures the Company engaged practicing lawyers to attend and witness the Shareholders’ Meeting

External Investment Management System and the External

and issued clear legal opinions on the legality of the convening and holding procedures and the validity of the voting results.Guarantee Management System further clarifying the

boundaries of rights & responsibilities and decision- During the reporting period the Company convened a total of one annual Shareholders’ Meeting and two Extraordinary Shareholders’ Meeting all of which

making processes at all levels. At the same time in light of were duly convened by the Board of Directors in accordance with the law. All proposals submitted to the Shareholders’ Meeting for deliberation strictly

the Company's actual development needs it added two followed the prior internal review procedures and there were no violations such as unauthorized approval implementation before review or omission of

new systems the Public Opinion Management System and review effectively safeguarding the legitimate rights and interests of all shareholders.the ESG Management System filling institutional gaps and

strengthening sustainable development and public opinion

risk management capabilities. Board of Directors

The Board of Directors is responsible to the Shareholders' Meeting fully plays its core role in decision-making deliberates on material matters in the

During the Company's business activities and makes decisions or submits them to the Shareholders' Meeting for deliberation. The Company formulates the Rules of

Reporting Period Procedure for the Board of Directors to strictly regulate the meeting procedures and decision-making processes of the Board and urges the directors and

the Board to effectively fulfill their duties. During the reporting period the Company strictly complied with the requirements of relevant laws regulations and

3 normative documents and completed the re-election of the Board of Directors with compliance and transparency throughout the entire process. The number Shareholders’ Meetings were convened with 19 and composition of the members of the Board of Directors met the requirements of relevant laws regulations and supervision.

proposals deliberated and approved;

7 44 Specialized Committees of the Board of Directors board meetings were convened with proposals

deliberated and approved. The Board of Directors has four specialized committees: the Nomination Committee the Compensation and Appraisal Committee the Strategy and Sustainable

Development Committee and the Audit Committee. Each committee has formulated comprehensive rules of procedure and working details conducting professional

research review and evaluation on core areas such as director selection and appointment compensation incentives strategic planning and financial internal control

ensuring the standardization and scientific nature of major decision-making processes.Among them independent directors account for 1/3 of the Strategy and Sustainable Development Committee and for more than half of the members of any other

committee.

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the Report Governance Sustainable Development

Annexes

Low-carbon Future Creating Shared Value Enriching the Society

During the

Reporting Period Diversity

The Audit Committee convened 11 meetings and deliberated 34 The Company emphasizes the diversity of the composition of the Board of Directors. In the selection and appointment process

proposals. it strictly reviews the directors' educational backgrounds work experience and professional qualifications. The Nomination

Committee under the Board of Directors evaluates the composition of the Board from dimensions including professional skills

knowledge structure and work experience to ensure its diversity and professionalism. The professional backgrounds of the

The Nomination Committee convened 2 meetings and deliberated 3 Company's directors cover fields such as business management accounting and engineering aligning with the Company's

proposals. development strategy.The Compensation and Appraisal Committee convened 2 meetings and Remuneration Management of Directors and Senior Executives

deliberated 3 proposals.To gradually establish an incentive and constraint mechanism that meets the requirements of the modern enterprise system

and adapts to the market economy and to reasonably determine the compensation levels and payment structures for the

2 Company's directors and senior executives the Company formulates the Remuneration Management System for Directors and The Strategy and Sustainable Development Committee convened Senior Executives in accordance with the relevant provisions of the Company Law and the Articles of Association. This ensures

meetings and deliberated 2 proposals. that the Company's directors and senior executives can actively and effectively perform their corresponding duties and

obligations promoting the healthy sustainable and stable development of the Company.During the reporting period the Company formulated and approved the Remuneration Plan for Directors Supervisors and

Senior Executives in 2025. The remuneration of the Company's non-independent directors and senior executives consists of

basic salary and year-end bonus which is received according to their specific job positions in the Company in accordance

with the remuneration management regulations and other relevant supporting compensation assessment systems. Non-

independent directors do not receive additional director allowances.Independence and Diversity

Independence Independent directors Independent directors allowances

The Company formulated the Working System for Independent Directors strictly

appointed 2 qualified experts as independent directors in accordance with

regulations accounting for more than 1/3 of the total number of members of the

Board of Directors. Independent directors perform their duties independently and Non-independent directors Basic salary year-end bonus

are not influenced by the Company its major shareholders actual controllers or and senior managers

other units or individuals.

17Preface to About WCON Sustainable Development Sound Governance Green Operations for a Driving Innovation Uniting the Employees 2025 Environmental Social and Governance Report Sustainable Development Annexesthe Report Governance Low-carbon Future Creating Shared Value Enriching the Society

Investor Relations Management and Protection of Shareholders' Rights and Interests

Information Disclosure During the

Reporting Period

To proactively adapt to market regulatory trends during the reporting period the

Company systematically revised the Information Disclosure Management System the

Information Disclosure Postponement and Exemption System the Insider Registration 59 announcements were disclosed including 6 periodic reports and 53 interim

Management System and the Internal Reporting System for Material Matters. It clarified announcements. The number of penalties imposed for violations of information disclosure

the reporting methods and processes for internal material matters of the Company

strictly standardized information disclosure behaviors to ensure the truthfulness regulations was 0.accuracy completeness and timeliness of information disclosure. At the same time it

continuously strengthened its emphasis on the confidentiality of inside information

ensuring the entire process of transmission review and disclosure of inside information

is legal and compliant preventing insider trading from the source thereby effectively

protecting the rights and interests of all shareholders and laying a solid foundation for

the Company's stable operation and the enhancement of market credibility.Public Opinion Management in Capital Markets

To improve the Company's capability to respond to various types of public opinions

establish a rapid response and emergency handling mechanism and promptly and

properly handle the impact of various public opinions on the Company's commercial

reputation normal production and operation activities and investment value effectively

safeguarding the legitimate rights and interests of the Company and its stakeholders

the Company formulated the Public Opinion Management System in accordance with

relevant laws and regulations and the relevant provisions of the Articles of Association

standardizing the public opinion monitoring and management process. Monitoring and Research and Response and Review and

The Company established a public opinion response management task force Early Warning Verification Handling Optimization

with the Company's Chairman as the leader responsible for the overall command

coordination and final decision-making of public opinion work; the Board Secretary

as the deputy leader with members composed of the Company's senior executives

heads of relevant departments and heads of subsidiaries; the Securities Department

as the lead department assists the task force in public opinion information collection

including real-time monitoring of stock prices and public opinion immediately

initiating emergency procedures when trigger mechanisms are activated organizing Public Opinion Monitoring Management Process

internal investigations and information verification drafting and issuing external

announcements and statements filing with the stock exchange and communicating

with regulatory authorities.

18Preface to About WCON Sustainable Development Sound Governance Green Operations for a Driving Innovation Uniting the Employees 2025 Environmental Social and Governance Report Sustainable Development Annexesthe Report Governance Low-carbon Future Creating Shared Value Enriching the Society

Investor Relations Management

To enhance the standardization of investor relations management the Company in accordance with relevant provisions of the Company Law the Securities Law and the Guidelines on Investor Relations Management for Listed

Companies revised and improved the Investor Relations Management System and the Measures for the Management of Media Interviews and Investor Research Engagement Reception during the reporting period clarifying the

reception procedures responsible departments and response rules for various types of researches and interviews striving to ensure the quality and efficiency of investor relations work. The Company always adheres to the core

principles of honesty and trustworthiness compliant disclosure full transparency equal opportunities efficiency and pragmatism and interactive communication maintaining close interaction with investors through multi-channel

and multi-level communication mechanisms effectively safeguarding investors' right to know and legitimate rights and interests and further enhancing investors' understanding and value recognition of the Company.During the

Reporting Period

Company

Company website Shareholders' Performance announcements Meeting briefings

Investor

Interactive Easy The Company received investors' on-site research engagement activities many Communication Investor Open Day Daily communication (phone email

Channel Platform and meetings) times held a total of 2 performance briefings participated in 1 collective

reception day event and held 3 "Investors Visiting Listed Companies" activities;

Case 2025 Investor Open Day Replied to over 150 investor calls and emails;

On May 22 2025 the Company held its 2025 Investor Open Day at

Published 10 records of investor relations activities;its Dongguan headquarters with more than 30 investors from several

leading institutions gathering together. After the symposium investors

visited various production and manufacturing workshops and energy-

saving renovation projects gaining an in-depth understanding of Answered 303 questions on the Interactive Easy platform with a reply rate of

the Company's practices in green manufacturing and intelligent

manufacturing and obtaining a more intuitive understanding of the 100%.Company's technical strength production management and sustainable

development concepts.

19Preface to About WCON Sustainable Development Sound Governance Green Operations for a Driving Innovation Uniting the Employees 2025 Environmental Social and Governance Report

the Report Governance Sustainable Development

Annexes

Low-carbon Future Creating Shared Value Enriching the Society

Shareholder Returns

While intensifying efforts in its own business development the Company has always attached great importance to shareholder value returns and actively promotes the formulation and implementation of profit distribution plans.In line with the relevant guidance of the China Securities Regulatory Commission encouraging listed companies to implement cash dividends and provide investors with stable and reasonable returns the Company successfully

implemented the 2024 profit distribution plan and the semi-annual profit distribution plan for 2025 during the reporting period based on core factors such as its actual operating conditions profitability level and share capital

scale. In the future it will continue to repay the trust and support of its shareholders with practical actions.Proportion of Net Profit

Cash Dividend Per Share Total Cash Distribution In 2025

Attributable to Shareholders

(Including Tax) (RMB/Share) (Including Tax) (RMB 10000)

of the Parent Company (%) The Company plans to distribute a cash The total cash dividend to

dividend of RMB 3.00 per 10 shares be distributed will amount to

2025 Semi-annual 0.20 2197.87 40.01 (tax inclusive) to all shareholders. 3296.81 (in RMB 10000).

It is proposed to increase the share Upon the completion of the proposed

capital by 4.5 share capital increase the Company's shares for every 10 total share capital is expected to

2024 Annual 0.30 3296.81 38.57 shares held by all shareholders from the capital reserve. increase to 159345711 shares.

2024 Semi-annual 0.20 2178.22 46.20

Note: The final number of bonus shares issued through capitalisation of capital reserve shall be subject to

the actual results processed by China Securities Depository and Clearing Corporation Limited.

20Preface to About WCON Sustainable Development Sound Governance Green Operations for a Driving Innovation Uniting the Employees 2025 Environmental Social and Governance Report Annexes

the Report Governance Sustainable Development Low-carbon Future Creating Shared Value Enriching the Society

Risk Management and Internal Control

First Line of Defense (Functional Departments)

Governance Structure

The Company's Board of Directors is the highest Identify and assess risks in business processes and determine risk response plans; design and improve internal control measures

decision-making body for risk management promote the implementation of control systems and rectification of deficiencies; timely report major internal control issues; cooperate

responsible for the effectiveness of risk with the investigation and handling of internal control failures.management coordinating the construction and

effective implementation of the risk management

system. It determines the Company's overall Second Line of Defense (Company Management)

risk management objectives risk appetite and

risk tolerance approves basic risk management

systems strategies and major risk control plans

understands major risk situations and makes Execute the Board's risk strategy; promote the daily management of comprehensive risks ensuring risks are within

effective relevant decisions and it also approves acceptable tolerance levels; establish an internal risk responsibility and major risk emergency mechanism; foster the

relevant reports and major risk control matters. Company's risk management culture.The Company has compiled the Risk

Management Control System constructing a risk Third Line of Defense (Internal Control and Risk Management Leadership Group)

management system covering risk categories

including strategy operations finance legal

compliance and market. It has established three Review financial controls and the related internal control system; supervise risk management and the related

lines of defense to inspect and supervise the internal control system; organize special audits; deliberate risk management objectives and response measures;

risk management of the Company's various work report key risk matters to the Board of Directors.processes.Three Lines of Defense in Risk Management

Risk Management Process

The Company and its holding subsidiaries comprehensively systematically and continuously collect and analyze internal and external information that

may affect the Company's operation and management identify risks that may impact the Company's strategy and business objectives and plan response

measures to ensure the achievement of the Company's established policies objectives indicators and expected results achieving continuous improvement

of the management system. This framework has already covered ESG-related risks such as climate transition risks with details available in the chapter "Green

Operations for a Low-Carbon Future". Through collaborative management with the EHS Task Team and the Company's carbon emission system department risks

are ensured to be controllable.

21Preface to Sustainable Development Sound Governance Green Operations for a Driving Innovation Uniting the Employees

2025 Environmental Social and Governance Report About WCON Sustainable Development Annexesthe Report Governance Low-carbon Future Creating Shared Value Enriching the Society

Risk Identification Case Special Training Activity on the Risk Management and Control

Using a combination of qualitative and quantitative methods the Company

assesses the possibility and impact of risk occurrences analyze and

prioritize various risks (including strategic financial market operational

and legal risks) determining priority control focuses and carefully evaluate

the overall risk level while considering the correlation of risks.Risk Assessment

The Audit Department is responsible for organizing and carrying out risk

assessments on the collected initial risk management information and the

Company's important business processes.Risk Response

Based on risk responsibility allocation and overall strategy the relevant

department formulates a control plan for each major risk. Functional

departments and holding subsidiaries need to refine and implement Internal Control

specific control measures based on the Company's unified specifications.To standardize the Company's internal control improve the Company's operation and management level and risk prevention

capabilities and promote the Company's sustainable development the Company has formulated the Internal Control

Management System which stipulates clear provisions on matters such as related party transactions the use of raised

funds external guarantees significant investments information disclosure and the management of subsidiaries. During the

reporting period under the leadership of the Board's Audit Committee the Company's Internal Audit Department completed

Risk Monitoring

the internal audit for risk management in 2025. Upon review no material irregularities were identified.Establish cross-level and cross-departmental information communication

channels throughout the entire risk management process to ensure Tax Management

information is timely accurate and complete supporting risk supervision

and improvement. Focus on checking whether changes in the internal and The Company complies with relevant tax laws and regulations formulates the Financial Management System based on the

external environment trigger new risks or lead to significant changes in risk Company's actual situation and strictly manages various tax affairs. It clearly stipulates that the Finance Department is

ratings through daily monitoring. responsible for tax declaration tax accounting and tax planning; the General Ledger Tax position is responsible for national

and local tax declarations and tax exemption deduction and refund declaration matters and follows up on changes in tax

policies reducing the enterprise's tax-related risks. During the reporting period the Company made a total tax payment of

Risk Management Procedure RMB 37435400.

22Preface to About WCON Sustainable Development Sound Governance Green Operations for a Driving Innovation Uniting the Employees 2025 Environmental Social and Governance Report Sustainable Development Annexesthe Report Governance Low-carbon Future Creating Shared Value Enriching the Society

Compliant Operations and Business Ethics

Compliance Management

Compliance Control Measures

Compliance management is the cornerstone for an enterprise to achieve sustainable

development. To effectively prevent and control compliance risks the Company Standardized Compliance Culture Strengthen Information Enhance Supervision

has formulated the Compliance Management System and established a sound Operating Mechanism Construction Control and Management and Accountability

compliance management system including basic links such as setting up a compliance

Establish a compliance risk Incorporate compliance Incorporate the compliance The Company's Audit

management department establishing compliance systems improving operating

identification assessment and early management into the annual regulations typical cases Department and Securities

mechanisms cultivating a compliance culture and strengthening supervision and

warning mechanism special learning topic compliance training records of Department monitor the

accountability so as to improve the Company's level of management of legal and

Embed compliance review as a Establish a normalized non-compliant behaviors etc. implementation of compliance

compliant operations.necessary procedure in the operation compliance training mechanism into the information system requirements investigate non-

and management process Strengthen the compliance Regularly review the business compliant behaviors and pursue

Each functional department publicity and education processes to identify the accountability in accordance with

Compliance Management Organizational Structure establishes a rectification mechanism promptly release compliance compliance risk points and relevant regulations and within

Specifically implement the compliance for non-compliance issues manuals and organize strengthen compliance reviews their respective authorities.decisions of the Board of Directors Establish and improve a coordinated the signing of compliance at critical junctures

responsible for the construction of operation mechanism for compliance commitments Realize the interconnection

the compliance management system management legal affairs data sharing and common

approval of systems response to management internal control risk use between the compliance

major risks and daily supervision. management etc. in combination management information system

with the actual situation and other information systems

Management Take the lead in being responsible Regularly carry out an effectiveness for finance investment and

Level for the Company's compliance evaluation of the compliance procurement

management work performing management system

duties such as drafting systems

compliance review compliance

risk identification and response

accepting non-compliance

Compliance Management reports and conducting Case

Department compliance training.Implement In 2025 the Company carried out a number of training

compliance risk activities for all employees including risk and compliance

assessment management anti-commercial bribery and anti-

compliance corruption anti-monopoly and anti-unfair competition

review and other promotion and training. Through the training employees'

work based on compliance awareness was comprehensively improved

Functional Departments departmental and the business ethics were strictly followed.conditions.

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Anti-commercial Bribery and Anti-corruption

Governance System Risk Management Process

The Company and its affiliated companies adhere to responsible business The Company has established a risk management process for integrity and commercial bribery. Through methods such as internal

principles and strictly comply with laws regulations and business ethics self-inspection external investigation and accepting reports it comprehensively identifies potential bribery risks covering

formulating the Integrity and Anti-bribery Policy. It applies to all employees senior procurement sales and marketing activities formulates targeted response measures and continuously strengthens anti-corruption

executives directors and external third parties engaged in business with the risk management.Company urging them to strictly abide by this Policy and prohibiting all forms

of bribery and corruption. The Company establishes an audit team responsible Supervisory Measures

for formulating and implementing the Company's anti-bribery policy supervising

and coordinating the compliance work of various departments and ensuring

that the Company meets compliance requirements in all business areas. During The Company adopts and implements a series of supervisory measures to effectively prevent and detect corruption and bribery.the reporting period the Company organized and carried out training on topics During the reporting period no litigation events occurred as a result of commercial bribery or corruption.related to anti-commercial bribery and anti-corruption effectively enhancing the

integrity awareness and risk prevention capabilities of all employees and actively

fostering a clean and upright working atmosphere.Sign the Agreement for Integrity and Self-discipline of Employees with employees and the Integrity Agreement with

business partners to institutionally prevent the occurrence of corruption;

During the

Reporting Period Interview employees in key departments and sensitive positions including middle-level managers and senior leaders

and conduct questionnaires on corporate integrity ethics and commercial bribery for employees in key departments

at different levels to gain in-depth insights into employees' genuine thoughts and actual situations strictly controlling

The completion rate of the Company's business ethics and internal and preventing any potential conflicts of interest;

control training and promotion was 100% and the coverage rate of Conduct self-examinations by irregularly reviewing relevant contracts reimbursement vouchers and other materials

directors and management receiving anti-commercial bribery and anti- and analyzing business data of key positions and sensitive links;

corruption training was 100%.Standardize the management of gift acceptance and entertainment expenses to prevent commercial bribery through

improper gifts and entertainment;

Implement a job rotation system and a nepotism avoidance policy for key positions to prevent the abuse of power and

the occurrence of commercial bribery.

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Integrity Whistleblowing Mechanism

Reporting Channels

The Company attaches importance to whistleblowing management and whistleblower protection

actively creating a safe and trustworthy whistleblowing environment. The Company has formulated Phone: 0769-85358920-6075

the Whistleblowing Management Measures and established dedicated whistleblowing channels

to receive whistleblowing information from all parties. Any relevant person aware of any actual

or suspected violation of the Integrity and Anti-bribery Policy can report the relevant incidents in Email: Hrdg02@wcon.com

accordance with the established process. The Audit Team will initiate appropriate actions for alleged

misconduct improper behavior or fraud. At the same time the Company requires that the receipt

investigation investigation results and other related content of reported cases be properly recorded WeChat Public Account: Clean WCON

and documented for retention.Mails or in-person reports: Audit Department WCON Electronics

Co. Ltd. No. 15 Wenming Road Daning Humen Town Dongguan

Guangdong

Whistleblowing Handling Process

Receipt and Report Preliminary Investigation Report

Registration Distribution Analysis upon Filing Transfer

Anti-monopoly and Anti-unfair Competition

To enhance the ability to prevent control and deal with anti-monopoly and anti-unfair competition compliance

risks and solidify the foundation for law-abiding and compliant operations the Company has formulated systems

such as the Anti-unfair Competition Compliance Management System and the Anti-monopoly Compliance

Management System. It strictly reviews links such as market promotion sales strategies customer acquisition and

maintenance product quotation and various contracts explicitly prohibiting the use of unfair competition means

such as confusing acts false publicity commercial defamation infringement of trade secrets and unfair prize-

Rewards and Communication Case Case giving sales in marketing.Punishments and Feedback Closure Pending The Company establishes a continuous supervision mechanism to monitor market dynamics industry competition

during the

Whistleblowing conditions changes in laws and regulations and the Company's own behaviors. It uses data analysis tools

to analyze the Company's own market behaviors and data identify potential risk points regularly review the

effectiveness of risk management measures and adjust strategies based on the actual situation to ensure that the

enterprise always meets the requirements of anti-monopoly and anti-unfair competition.The Company supports both named and anonymous reporting strictly safeguards the safety and The Company regularly organizes anti-unfair competition training for marketing personnel covering relevant laws

interests of whistleblowers and keeps the reported information confidential. Rewards are provided and regulations internal corporate rules and case studies. During the reporting period no incidents of unfair

to individuals whose recommendations are effective or whose reports are verified to be true. competition took place at the Company.

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the Report Governance Sustainable Development Low-carbon Future Creating Shared Value Enriching the Society

Data Security and Privacy Protection

Adhering to the philosophy of "prevention-first comprehensive governance security assured security and continuous improvement" the Company deeply integrates security with business and continuously optimizes and

improves its security management strategies to actively respond to challenges brought by new technologies and new businesses. It also builds a comprehensive multi-layered information security protection system to effectively

safeguard the absolute security of the Company's internal core business data operational information and customer privacy. During the reporting period no incidents of data security breaches or customer privacy breaches were

reported at the Company.Data Security Management Data Security Risk Management

The Company strictly complies with relevant laws and regulations

formulating the Information Security Protection System to clarify Risks

core requirements such as data classification and grading access Risk Risk Analysis

control data storage network security and audit monitoring Category Description Potential Impact Management MeasuresSeverity Frequency

which comprehensively standardizes the security protection of

the entire information processing process and effectively ensures Deploy next-generation firewalls and intrusion Hacker attacks (e.g. Business interruption losses (decline in detection systems.the confidentiality integrity and availability of the Company's core Cyber phishing ransomware) DDoS revenue).5 3 Regular drills for the emergency response team.data during collection transmission exchange processing and Attack attacks leading to system Customer trust crisis. Automated vulnerability patch management paralysis or data theft. Regulatory fines (e.g. GDPR violations).storage. monthly vulnerability scanning.Leakage of customer/ Implement daily data classification and grading

At the same time the Company establishes an IT Department employee private data management with automatic alerts for violations.composed of an information security officer and operations due to internal negligence Legal lawsuits and fines. Encrypt and anonymize company sensitive data Data

and maintenance personnel responsible for the daily security or external intrusion 5 3 Damage to brand reputation. and adhere to the principle of least privilege for Leakage

violating regulations such Customer churn. management.management of business systems and data carrying out security as the Personal Information IT Department conducts monthly information

risk assessments security project implementation contingency Protection Law. security reviews.drills etc. and promptly proposing improvement suggestions for Deploy data leakage prevention systems.problems encountered during business development ensuring Monitor employee behavior and control their Employee misoperation

the security of the Company's data and information assets with Leakage of core intellectual property. permissions.Insider malicious deletion or

an efficiently operating management system. The Company also 4 3 Internal operational chaos. Regular information security awareness training and Threat unauthorized access to Failure in compliance audits. assessments.regularly organizes training on information security knowledge core data. Retain logs of all privileged employee actions and

and conducts training tests to enhance employees' information conduct bi-annual permission reviews.security awareness and professional level. Supplier information security qualification Security vulnerabilities in Supply chain interruption affecting certification (e.g. ISO 27001).Supply third-party suppliers (e.g. delivery of existing products. Clearly define security responsibility clauses in

Chain cloud service providers and 4 2 Associated legal liability (e.g. a supplier service contracts.Risk outsourced development) leaks customer data).During the Focus on information security in annual audit and leading to associated risks. Increased system remediation costs. evaluation of key suppliers.Reporting Period

Off-site offline data backup.Data loss due to theft of data Risk of permanent data loss.Physical Physical environment monitoring and regular

Number of relevant training sessions conducted center equipment or natural 3 1 High cost of disaster recovery.Security inspections (access control temperature and

12 disasters (fire flood). Regional service shutdown. humidity sensing).times New attack methods bypassing

Misuse of AI technology (e.g.conventional defenses.Total investment in data security deepfake attacks) quantum Emerging Encryption system failure leading to Annual technology risk seminars actively monitoring

RMB 698000 computing potentially 4 1Threats global risks. cutting-edge AI technologies.cracking existing encryption Lagging technology iteration affecting

algorithms.competitiveness.

26Preface to About WCON Sustainable Development Sound Governance Green Operations for a Driving Innovation Uniting the Employees 2025 Environmental Social and Governance Report Sustainable Development Annexesthe Report Governance Low-carbon Future Creating Shared Value Enriching the Society

Data Security Practices

To ensure data security and compliant operations the Company has taken measures in terms of technology management and personnel awareness during its actual

business operations. By continuously strengthening data asset protection measures it has effectively safeguarded its reputation and customer trust laying a solid and

reliable foundation for long-term sustainable development.Establish a Data Encryption Module: Utilizing the IP guard encryption system to encrypt contract information of partners as well as personal privacy

Data Security data of customers and employees; Tipray Green Shield Encryption System

Protection Access Control and Identity Authentication Module: Implementing multi-factor identity authentication mechanisms and role-based access

Platform control (RBAC).Physical Security Protection: Considering geographical safety in site selection for the data center equipped with physical protection facilities

Build a Data such as automatic alarm systems and surveillance cameras. By deploying an environmental monitoring system real-time monitoring of

Center servers and storage is conducted to ensure equipment operates under suitable environmental conditions;

Network and System Security Configuration: Constructing a secure network architecture and deploying server security protection software.Implement Firewall and Intrusion Detection/Prevention Systems: Deploying firewalls and regularly updating rule and signature libraries for firewalls and

System IDS/IPS;

Security Application Security Protection: Conducting security development training for various business applications developed by the Company and

Protection deploying Web application firewalls for applications.Data Center

Periodically Hardware Equipment Health Checks: Developing inspection plans and regularly conducting health checks on servers storage devices and

Test Critical network equipment storing critical data;

Data Hardware Redundancy and Backup Equipment Testing: Adopting redundancy designs for key data hardware equipment and conducting regular tests

Equipment on data backup equipment.Periodically Functionality and Performance Testing: Regularly conducting functionality tests on key data systems and evaluating their performance;

Test Key Data Security Vulnerability Testing: Regularly conducting security vulnerability tests establishing a security vulnerability management mechanism

Systems and tracking and managing identified security vulnerabilities. Sangfor Firewall

Case Emergency Drill for Cyber Network Attacks

On August 19 2025 the Company organized an emergency drill on cybersecurity under the theme of "File Server Under External Attack". By simulating potential cybersecurity incidents the drill was designed to test and

enhance the Company's rapid response and overall coordination capabilities in handling emergencies. It also helped the Company further improve the coherence and feasibility of the interface between various accident plans

and emergency response measures so as to ensure the stable operation of the Company's computer systems and information security.

27Preface to Sustainable Development Sound Governance Green Operations for a Driving Innovation Uniting the Employees

2025 Environmental Social and Governance Report About WCON

the Report Governance Sustainable Development

Annexes

Low-carbon Future Creating Shared Value Enriching the Society

Customer Privacy Protection

The Company continuously strengthens technical and management safeguards for customer privacy protection. Through system audits permission classification encryption protection vulnerability scanning and terminal security

management the Company strictly prevents and controls risks such as customer information leakage tampering and unauthorized access. It maintains open customer feedback channels and responds to privacy-related requests

in a timely manner. The Company continues to improve its security systems and technical protection measures enhances employee security awareness and makes every effort to safeguard the security of customers' private data

and protect their legitimate rights and interests.Encrypt Customer Data

Automatic encryption strategies are applied to customer data

stored by the Company with control levels set for decryption

permissions. When permission levels do not match file contents

remain encrypted and unreadable.Control File Access Permissions

Control the permissions of the file directories storing user data

information set different permission categories and allocate them

according to business needs.File Access Audit

Record the operation activities related to user data and the

corresponding users. The audit system will trigger alerts and

record non-compliant operations to ensure the security of user file

directories.The Company has established an emergency response mechanism that specifies the response procedures in the event of a privacy data breach including the incident reporting mechanism responsibilities of the emergency

response team and communication methods with customers and regulators. For high-risk business activities or partnerships the Company transfers part of the risks by purchasing appropriate insurance (such as cybersecurity

insurance). In the event of an actual or potential data breach the Company will immediately take effective measures to prevent further data leakage and continuously improve the Company's data security and privacy protection

strategies procedures and technologies based on the actual situation of risk monitoring and response.

28Preface to Sustainable Development Sound Governance Green Operations for a Driving Innovation Uniting the Employees

2025 Environmental Social and Governance Report About WCON Sustainable Development Annexesthe Report Governance Low-carbon Future Creating Shared Value Enriching the Society

02

Green Operations for a

Responded

Low-carbon Future Topics

Response to Climate Change

Environmental Compliance Management

Pollutant Emissions

WCON adheres to the concept of green development actively Waste Disposal

responds to the challenges of the era brought by climate change

continuously improves its environmental compliance management Energy Utilization

system and enhances energy and resource utilization efficiency. and Water Resource Utilization

Through practical actions it contributes to the realization of

China's "dual carbon" strategic goals.

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Response to Climate Change

Against the backdrop of escalating global climate change challenges and the in-depth promotion of China's "dual carbon" goals the Company systematically constructs a climate governance system. Referencing the TCFD

recommended framework it comprehensively identifies climate risks and opportunities related to its operations and formulates response measures. It improves measurement indicators and target management to establish long-

term climate response capabilities.Environmental Governance

The Company strictly complies with relevant laws and regulations to formulate the Control Procedure for Combating Climate Change clarifying operational norms for environmental protection and climate change management.It establishes a governance system with responsibilities from the General Manager's Office to various business centers. The General Manager's Office is responsible for formulating climate strategies and objectives to ensure

the proactive alignment of overall corporate development strategies with climate change trends. The Environmental and Climate Change Management Committee is responsible for the specific formulation of climate policies

risk assessment and supervision of implementation to ensure the effective implementation of climate strategies. The Management is responsible for integrating climate strategies into daily operations ensuring the effective

implementation of various measures and supervising the execution of climate adaptation measures by various business departments. Each business center department formulates and implements specific climate adaptation

measures based on its respective characteristics and business scope ensuring that climate change factors are fully considered in daily operations. Climate governance is translated from policy to specific operations achieving

sustainable development.The Company actively organizes training sessions on themes such as carbon

emissions and carbon footprints. By gaining an in-depth understanding of

General General

Manager’s Office Manager current climate and carbon neutrality situations accounting methods and carbon

reduction paths it systematically enhances employees' awareness and problem-

solving abilities regarding climate issues.Environmental and Climate Case Carbon Emission Training

Change Management Committee

30

Member of the Manufacturing

Engineering Department

Member of Project

Management Department

Member of the Production

Planning Department

Member of Hardware and

Plastic Department

Member of the

Manufacturing Department

Member of the Quality

Management Department

Committee Member from

the Purchasing Department

Member of R&D Center

Member of Marketing Center

Member of the Human

Resources DepartmentrPreface to About WCON Sustainable Development Sound Governance Green Operations for a Driving Innovation Uniting the Employees 2025 Environmental Social and Governance Report

the Report Governance Sustainable Development

Annexes

Low-carbon Future Creating Shared Value Enriching the Society

Environmental Strategy and Risk Management

The Company has formulated the Risk and Opportunity Control Procedure. Based on its management system the Company identifies physical and transformational risks and opportunities faced by each department during

production and management processes and records them in the Risk and Opportunity Assessment and Analysis Form. For identified risks a quantitative evaluation is conducted from three dimensions: severity frequency of

occurrence and detectability. Corresponding countermeasures are then developed. The responsible department continuously tracks the risk control measures to ensure their effective implementation regularly updates the

assessment results and forms a closed-loop management system.Risks

Risk Type Description Risk Analysis Potential Financial Impact Management Measures

Severity Frequency

Screen alternative suppliers to reasonably control the purchase costs.Factors such as climate change may Promote suppliers' transition towards energy conservation and emission reduction through supplier

Increase in Raw Material Costs 5 2 lead to an increase in raw material communication implementation programs and investigation.prices and purchase costs. Establish a low-carbon monitoring mechanism for upstream raw materials.Accelerate the green transformation and introduce new technologies and materials.Market Risks

The change in consumer preferences

Advocate for using clean energy building rooftop photovoltaics purchasing green electricity and

leads to a decrease in the demand

certificates etc. to accelerate the green transformation.Change in Consumer Behavior 5 2 for goods and services a reduction

Introduce new technologies and materials.in operating income and an increase

Establish a low-carbon monitoring mechanism for upstream raw materials.in operating costs.Pay attention to policy changes in various regions and adjust based on the situation and customer

needs.Policy changes could lead to the

Use clean energy such as rooftop photovoltaics and purchase green electricity to replace traditional

write-off impairment or early

fossil energy and promote the transformation of the energy structure.retirement of existing assets.Transition Carbon Emission Control Policy 5 2 Set the objectives of energy conservation and consumption reduction promote energy conservation Failure to promptly respond to new

Risks and emission reduction and improve energy use efficiency from the management and technical levels.regulations may result in fines and

Analyze the future change trends of energy efficiency standards to ensure that the Company's

increased compliance costs.production equipment and processes meet the requirements of new standards.Optimize the carbon emission management system to promote carbon emission reduction.Policy and The government social organizations and Possible violation fines due to Strictly implement the EHS management plan to ensure that the industrial exhaust gases canteen

Regulatory residents do not accept excessive pollution 4 1 pollution emissions may negatively fumes domestic sewage and boundary noise emitted by the Company meet the relevant standards

Risks emissions impact the Company's reputation. with monitoring conducted at least once a year.There is a lack of proper identification

collection and publicity of applicable Failure to respond promptly to

EHS laws and regulations. Moreover relevant laws regulations and

the environmental factors and hazards policies leads to violation fines while Strengthen the identification collection and periodic updates of applicable EHS laws and regulations

31

related to the Company's internal inadequate internal risk identification with key provisions incorporated into training programs or institutionalized in company policies.activities are not clearly defined and results in increased compliance

some employees have a weak sense of operation costs.compliance with the law.

31Preface to About WCON Sustainable Development Sound Governance Green Operations for a Driving Innovation Uniting the Employees 2025 Environmental Social and Governance Report Sustainable Development Annexesthe Report Governance Low-carbon Future Creating Shared Value Enriching the Society

Risks

Risk Type Description Risk Analysis Potential Financial Impact Management Measures

Severity Frequency

Increased expenditures on the

Pay close attention to green innovations such as clean energy and energy-saving technologies and

research and development

Technology evaluate whether the enterprise can adapt to technological changes.Technology Substitution Risk 5 2 of new and alternative

Risk Establish diversified relationships with technology suppliers to mitigate reliance on a single technology

technologies along with rising

supplier and minimize the risks associated with technology transition.procurement costs.Transition

Risks

Publicly disclose policies and information related to climate change to ensure all stakeholders can

obtain relevant information and supervise and evaluate the Company's performance.The decrease in the customer's

Evaluate the possible impact of climate change on the enterprise's brand image and customer loyalty

Reputation Increased Concerns or Negative demand for the Company's

5 2 and formulate response strategies for maintaining and enhancing the brand reputation.

Risks Feedback from Stakeholders products results in a reduction in

Conduct a customer satisfaction survey in the form of a questionnaire once a year and summarize the

operating income.customer satisfaction survey results to let relevant departments take corresponding corrective and

preventive measures.Formulate the Control Procedure for Emergency Response.Sudden weather causes damage

Maintaining a safety stock of key materials ensures the normal demand for production raw materials

Emergencies such as the increase in to infrastructure and equipment

during emergencies.Physical Climate extreme weather events caused by leading to an increase in

5 1 Strengthening multi-functional training for employees enables them to be competent in various tasks

Risks Risks climate change lead to shortages of key operating costs; it may affect the

of critical positions allowing for redeployment in case of staff shortages.materials or critical human resources. production schedule and cause a

Establishing an Emergency Plan List and conducting drills for key material shortages or critical human

decrease in operating income.resource shortages in accordance with the emergency plan.Remarks:

1. Severity: 1) Extremely Severe 2) Severe 3) Significant 4) Moderate 5) Minor

2. Frequency: 1) Rare 2) Unlikely 3) Occasionally 4) Likely 5) Frequent

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Opportunities

Opportunity Type Opportunity Content Management Measures

Sufficient Funds for the Company's

Financial Management Establish a special fund for EHS management to ensure the source of funds for EHS management investment.EHS Management System

Optimize the design of green products and reduce the use of materials from the source.Resource Efficiency Recycling Technology Advocate the recycling of materials and the transformation of waste.Implement water recycling practices and establish a reclaimed water reuse system.Build rooftop photovoltaics purchase green electricity certificates etc. to accelerate the green transformation.Set the objectives of energy conservation and consumption reduction promote energy conservation and emission

Energy Source Low-emission Energy Sources

reduction and improve energy use efficiency from the management and technical levels.Accelerate the construction of the energy management system to create a green manufacturing system.The Company has not received

any complaints or penalties

Compliance Provisions Comply strictly with regulatory requirements.from government authorities or

surrounding residents.Some customers require the

Continuously implement the ESG management system and accept a third-party institution's certification audit to

Company to establish an ESG

ensure the ESG certificate's effectiveness.management system.Requirements and

Expectations of

Stakeholders The audit institution requires the

Company to meet the requirements

Accept the review of the audit institution and promptly improve and track any identified problems. Make the ESG

of the ESG management system

management system operate effectively.and continuously improve the ESG

management system.Development of the national carbon Through the regulatory role of the carbon trading market the Company intensifies its efforts to reduce emissions

Other aspects

trading market. and participates in carbon emissions trading.

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Low-carbon Metrics and Targets Greenhouse Gas Emission Management

The Company has developed the Enterprise Low-Carbon Action Plan and Greenhouse Gas Management

set low-carbon goals and emission reduction actions for the next 10 years

based on its actual situation striving to achieve a "net-zero carbon factory" The Company has established a data collection system for emission reduction enabling real-time comprehensive monitoring of key

within the next decade. During the reporting period the Company obtained indicators such as greenhouse gas emissions production energy consumption and wastewater and exhaust gas emissions. Regular

the Three-Star Net-Zero Carbon Factory Certification. evaluations of emission reduction efforts are conducted to ensure timely identification of issues and closed-loop rectification. Based on

the evaluation results the Company systematically summarizes emission reduction experiences dynamically optimizes emission reduction

plans and actively incorporates advanced industry concepts and technologies to drive continuous deepening and innovation in emission

reduction efforts.Main Production and Operation Activities of Greenhouse Gas Emissions

Category Subcategories Emission Corresponding Source Activities/ Facilities Forms of Emission Source Potential Types of GHG

Direct Emissions

from Mobile Gasoline Company cars Transportation CO2CH4N20

Category 1 Combustion

(Direct GHG

Emissions)

Fugitive

Sewage Septic Tanks Fugitive CH4

Emission of GHG

Category 2 Indirect

Energy Consumption

(Indirect GHG Emissions from Electric

of Equipment and Energy CO2

Emissions from Purchased power

Strengthen the management Improve energy utilization LightingEnergy) Electricity

of carbon emissions aiming efficiency and ensure thatto achieve a “net-zero carbon the proportion of carbonfactory” within the next 10 emissions relative to

years and reduce carbon output during production

emissions by 35% by 2035. continues to decrease. During the

Reporting Period

Low-

carbon Total GHG Emissions Direct GHG Emissions (Scope 1) Indirect GHG Emissions (Scope 2)

Goals

Reduce dependence on Promote energy-saving 5140.68 tCO2e 86.15 tCO2e 5054.53 tCO2e

traditional energy and proactive and environmental

utilization of renewable clean protection technologies

energy such as solar wind and and improve the overall

air is recommended. environmental protection Statistical Explanation: Scope 1 GHG emissions are calculated based on default values of common fossil fuel characteristic parameters issued by the National

level of the enterprise. Development and Reform Commission of the People's Republic of China;

Scope 2 GHG emissions are calculated based on average carbon dioxide emission factors for China's regional power grids issued by the National Development and

Reform Commission of the People's Republic of China.

34Preface to About WCON Sustainable Development Sound Governance Green Operations for a Driving Innovation Uniting the Employees 2025 Environmental Social and Governance Report Sustainable Development Annexesthe Report Governance Low-carbon Future Creating Shared Value Enriching the Society

Carbon Reduction Initiatives Carbon Asset Management

In response to the advocacy for a green low-carbon and circular development economy the Company actively promotes a series of energy-saving and carbon To standardize the Company's carbon asset trading

reduction measures to minimize the environmental impact of its business activities and contribute to the global green low-carbon economy and sustainable practices enhance the transparency and credibility

development. of carbon asset trading and promote the healthy

development of the carbon market the Company

formulates the Procedure for Carbon Asset Trading

Scientifically Management. During the carbon asset trading

Replace the refrigeration unit of the high-speed punching machine with a water-cooling system adopt fully electric injection

Improve Production process the Company strictly adheres to the

molding machines and utilize super aluminum alloy air pipes etc. to reduce energy consumption.Processes and principles of openness fairness and impartiality

Build dust-free workshops and CNAS laboratories that can meet the General Requirements for the Competence of Testing and

Enhance Production rigorously regulating aspects such as carbon asset

Calibration Laboratories of the ISO/IEC 17025:2017 Laboratory Management System;

Technology and trading procedures and requirements supervision

Solar photovoltaic and energy storage charging canopy; solar light guiding system installed in the basement; solar-powered

Equipment Energy and review risk management information

streetlights; enclosed cooling tower; double-glazed windows in factory buildings and dormitories.Efficiency. disclosure and penalties for violations.The Company establishes a Carbon Finance

Department to manage and conduct carbon

Implement Low- asset trading activities organize the formulation

carbon-related

Implement the ISO 14064-1:2018 carbon verification system and complete the third-party certification. of corporate carbon asset trading rules and

Systems to Improve

Strengthen energy management and establish an energy informatization monitoring and management system. carry out publicity and training. The Supervision

Energy Efficiency Department monitors and inspects the compliance

Management and fairness of corporate carbon asset trading

while the Finance Department is responsible for

accounting and statistics related to corporate

Encourage employees to use public transportation to reduce vehicle exhaust emissions. carbon assets and cooperates with the Carbon

Promote Clean Energy Construct solar power generation facilities on the rooftop of the Company's factory building to provide clean energy for the Finance Department in carbon asset trading

Company's electricity consumption. settlements. The Environmental Protection

Department oversees corporate carbon asset

conditions carries out carbon emission reduction

efforts and cooperates with the Supervision

Collect and utilize the condensed water of air conditioners.Promote Recycling Department in reviews and inspections.Reuse the material reels.and Reuse

Recycle the material packaging PE bags/cartons. In 2025 on the basis of continuous internal

emission reductions the Company has advanced

green certificate trading by purchasing

International Renewable Energy Certificates

Reuse office supplies such as file bags and data bags. (I-RECs) and National Green Electricity Certificates

Green Office Save electricity for office equipment and air conditioners. (VCUs) to offset a portion of its carbon emissions

Use e-government corporate OA systems Lark or SAP systems for office work. helping the enterprise overcome green trade

Advocate water conservation and establish a water management system. barriers.Promote the

Conduct publicity and education on energy conservation and environmental protection knowledge to improve employees' and

Concept of Energy

the public's awareness of energy conservation and environmental protection.Conservation and

Cooperate with relevant departments to strengthen the publicity of environmental protection policies and supervise

Environmental

compliance.Protection

35Preface to About WCON Sustainable Development Sound Governance Green Operations for a Driving Innovation Uniting the Employees 2025 Environmental Social and Governance Report Sustainable Development Annexesthe Report Governance Low-carbon Future Creating Shared Value Enriching the Society

Environmental Compliance Management Environmental Risk Management

The Company clearly defines the responsibilities of each unit and systematically carries out environmental risk factor identification

in accordance with the requirements of the Control Procedures for Identification and Evaluation of Environmental Factors. During

The Company strictly adheres to national and local environmental regulations the reporting period a third-party agency was commissioned to test the Company's drinking water wastewater exhaust gases

proactively identifies and manages environmental risks strives to reduce the and noise with all test results meeting standards.impact of pollutant emissions on the surrounding environment strengthens the

environmental awareness of employees and other relevant parties and promotes

continuous improvement in environmental performance.Environmental Emergency Management

To effectively prevent and respond to potential environmental emergencies the Company has formulated the Emergency Plan

Environmental Management System for Environmental Management and established an environmental emergency management structure centered around the

Environmental Management Emergency Command Center with collaboration among various departments and units to minimize

The Company establishes an Environmental and Occupational Health and Safety the harm caused by environmental emergencies to the environment and society.Management System in accordance with ISO 14001:2015 and ISO 45001:2018

standards. The Quality Management Department Manager is appointed as the During the reporting period the Company organized a total of two environmental contingency drills.management representative for the Company's Environmental Management

System and Occupational Health and Safety Management System (EHS

Management System) responsible for the formulation implementation and

maintenance of environmental and occupational health and safety policies. The Environmental Emergency Response Process

General Manager is responsible for approving these policies. Various departments

collaborate in environmental management efforts effectively identifying and

evaluating environmental factors and hazards formulating objectives and

Organize relevant

indicator management plans and continuously monitoring and measuring

Report of departments and Isolate and

relevant environmental performance. The Company conducts at least one internal Take emergency

environmental units to carry blockade the

environmental audit and management review annually which helps in promptly measures

emergency out emergency accident site

improving system vulnerabilities.response work

During the reporting period the Company passed ISO 14001:2015 environmental

management system certification and awarded the title of Guangdong Provincial

Green Factory.Hazardous Substance Monitoring

The Company formulates normative documents such as the Regulations on the Management of Hazardous Substances to

investigate identify and manage hazardous substances to the environment in materials components auxiliary materials tools

and packaging materials throughout the process from incoming materials to product shipment. This ensures that products are

healthy and safe and continuously meet the usage and management requirements for hazardous substances to the environment

proposed by customers or relevant domestic and foreign organizations. The Company strictly implements the national laws

and regulations local policies decrees of the customer's country and appropriate customer requirements and formulates the

Restriction Standard for Hazardous Substances to standardize the “Control List of Hazardous Substances.” This list details all

hazardous substances used managed across three management levels and classified by applicable product categories with real-

time updates to prevent non-environmentally friendly materials components and products from entering the supply chain and

mitigate environmental impact.During the reporting period all the identified hazardous substances of the Company passed third-party testing and certification.

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6S Initiatives Pollutant Emissions

The Company strictly complies with laws and regulations such as the Law of the People's Republic of China on the Prevention and

6S Sort Set in Order Shine Standardize Sustain Safety Control of Water Pollution the Law of the People's Republic of China on the Prevention and Control of Atmospheric Pollution the

Law of the People's Republic of China on Prevention and Control of Environmental Pollution by Solid Wastes and the Regulations of

Guangdong Province on the Prevention and Control of Environmental Pollution by Solid Wastes. It establishes a sewage and waste

management system and completes registration for fixed pollution source emissions. At the same time the Company actively takes

The Company conducts 6S inspection and improvement initiatives in accordance

6S Management Measures measures to reduce the emissions of wastewater exhaust gases and waste striving to minimize the impact of its operations on the with its internal . Daily and monthly inspection tours are

environment.carried out in production and manufacturing workshops and other relevant areas to

promptly identify quickly improve and precisely control environmental risk hazards.The Company establishes a closed-loop management mechanism of "problem

recording - assigning responsibility to individuals - setting deadlines for rectification

- re-inspection and confirmation." The 6S Management Team incorporates monthly Environmental Management Targets Achievements in 2025

inspection results into the 6S Inspection Report specifying the responsible persons for

problems rectification requirements and completion deadlines. The ESG Task Force

tracks rectification progress and implements reward and punishment incentives for The disposal of hazardous solid waste complies

department heads based on evaluation results. with relevant regulations with 100% categorized √ Achieved

storage and handling by qualified units.During the reporting period the Company conducted a total of five 6S inspection

and improvement initiatives identifying a total of 172 problem points including 77

(45%) related to workshop sorting and organizing 43 (25%) related to workshop

safety 34 (20%) related to workshop cleaning and sanitation and 18 (10%) related The emission of wastewater waste gas and noise √ Achieved

to other issues. All problems were improved within the specified time limits. In the complies with relevant regulatory requirements.

6S inspection and improvement initiatives the Company rewarded and punished

relevant department 6S managers based on evaluation results rewarding a total of 12

individuals. Through a combination of positive incentives and negative constraints the

Company enhanced the risk management awareness of all employees. Noise Management

The Company strictly adheres to GB 12348-2008 Emission Standard for Industrial Enterprises Noise at Boundary for standardized

control. For noise generated by the operation of equipment such as high-speed punching machines and mixing machines noise

reduction measures such as installing vibration-damping foundations for high-noise equipment and implementing factory building

sound insulation are adopted to effectively reduce noise pollution. During the reporting period the noise detection results outside

the Company's boundary all met the standards with occasional nighttime noise levels below the standard limit of 65dB(A) causing

no adverse impact on the surrounding acoustic environment.Exhaust Gas Management

The Company's exhaust gases primarily originate from processes such as injection molding and grinding. The Company strictly

manages exhaust gases in accordance with its internal Control Procedure for Waste Gas Emission and Noise. By enhancing

ventilation and exhaust systems in workshops exhaust gases are collected centrally for treatment. Organic exhaust gases are

purified through a two-stage activated carbon adsorption unit to meet emission standards before being discharged at height

maintaining a low level of emissions. The emission concentrations comply with ambient air quality standards resulting in minimal

impact on the surrounding atmospheric environment.

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Wastewater Management

Category Measures and Main Contents Governance Effects

The Company formulates the Control Procedure for Water Pollution in accordance with

relevant laws and regulations to implement categorized control and resource-based It meets the sewer network standards

After preliminary treatment in a septic tank it

treatment of wastewater generated during production operation and construction Domestic Sewage and ultimately enters the urban sewage

is discharged into the sewer network.processes. The primary source of wastewater is domestic sewage supplemented by treatment system in Dongguan City.a small amount of equipment cleaning wastewater. Both sewage and wastewater are

treated centrally. The project's cooling water is recycled and not discharged externally Wastewater

It undergoes pretreatment (coarse separation It meets the reuse standards. The reused

throughout the entire process. Domestic sewage undergoes preliminary treatment in a Grinding

and filtration pH adjustment demulsification portion is transported to each machine tool

septic tank before being uniformly discharged into the municipal sewage interception Wastewater and and coagulation) nanoflat membrane via a constant-pressure pipe network by a

network rather than directly entering natural water bodies. During the reporting period Metal Cutting separation and ultra-low-temperature double- feed pump. Wastes are managed through

all wastewater discharge indicators of the Company met the requirements of the relevant Fluid effect distillation. classified and harmless treatment.national discharge standards.Case Treatment of Waste Metal Cutting Fluid

By continuously optimizing the treatment process and strengthening end-of-pipe supervision the Company has maintained a 100% compliance rate for wastewater discharge during the reporting period.Cutting Fluid Circulation Treatment Process (Online Purification and Reuse)

Step 1: Coarse Filtration

(Magnetic separation / scraper chip removal)

Step 2: Sedimentation and Floating Oil Separation

(Main water tank / oil-water separator) Generated

Separated into

Step 3: Fine Filtration (Paper belt / bag filter) Generated

Waste Oil Metal Chips and Waste Filter

Final Scrapped Waste

(Miscellaneous Oil) Coarse Filter Residues

Step 4: Liquid Regulation Cutting Fluid (HW09) (HW08) Residues (HW08/09) (HW09)

(Concentration / pH monitoring and supplementation)

Clean Cutting Fluid They are entrusted to a qualified

hazardous waste treatment unit for

Reused in machine tools recycling and disposal.After disposal

Dirty Cutting Fluid Discharged from

Machine Tools (Containing Metal

Chips Impurities and Floating Oil) A Hazardous Waste Management Ledger

is established for record-keeping.Waste Disposal Process (Final Disposal)

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Waste Disposal

The Company implements waste management in accordance with the principles of “classified recycling and reduction” formulating the Waste Management Control

Procedure. Waste is divided into two major categories: general waste and hazardous waste. Corresponding treatment measures are adopted based on waste

categories with each department implementing classified collection and storage management of generated waste in compliance with regulations. During the

Reporting Period

During the reporting period the Company formulated an annual hazardous waste management plan clarifying the types and hazardous characteristics of hazardous

wastes estimating the annual hazardous waste output and confirming the qualifications of the intended receiving unit and the type of transfer.Wastewater discharges

76808.40 tons

Waste Categories Disposal Method

Quantity of general waste generated

5 tons

Recyclable waste: Waste electronic wires waste metal scraps waste Handed over to professional recycling

packaging materials etc. entities for recycling and reuse

Quantity of general waste disposed of

General

Waste Handed over to the Sanitation 5 tons

Non-recyclable waste: Domestic waste garbage

Department for disposal

Quantity of hazardous waste generated

2 tons

Transferred to a third party with a

Solvent-containing waste waste engine oil waste cutting fluid waste Quantity of hazardous waste disposed of

hazardous waste operating permit for

Hazardous rags/gloves waste activated carbon waste empty drums harmless treatment

Waste 2 tons

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Environmental Training Sessions Green Office

The Company actively carries out environmental protection promotion The Company integrates resource conservation awareness into the details of the office environment and builds a sustainable office ecosystem

activities to enhance the environmental awareness of all employees with the participation of all employees. In public areas with high resource usage frequency， such as pantries restrooms and printing areasand guide them to integrate green production concepts into their the Company has posted standardized and visually unified resource conservation-themed icons and set up special recyclable beverage

daily operations jointly building a strong line of defense for corporate bottle recycling bins continuously advocating green behaviors such as water conservation power conservation paper reduction and waste

environmental protection. During the reporting period the Company classification to employees.organized multiple environmental protection knowledge training

sessions focusing on core points such as environmental policy

interpretation environmental problem analysis and environmental

protection practice strategies helping employees deeply understand

the importance of environmental protection work and their own job

responsibilities.During the

Reporting Period

The organization conducted 44

environmental protection training sessions with a total of 1312

participants and an accumulated training duration of 1327.50

hours.Save paper Save water

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Resource Utilization

The energy and resources used within the Company mainly include municipal water supply purchased electricity gasoline paper raw materials etc. The Company strictly complies with the Energy Conservation Law of the People's

Republic of China and other applicable laws and regulations continuously optimizing energy management and improving resource utilization efficiency.Resource Governance

The Company formulates rules and regulations such as the Control Procedure for Energy and Resource Conservation the Regulations on Domestic Electricity Managementand

the Management Measures for the Air Conditioning System and implements refined management of energy and resource use across operational areas such as production

workshops offices warehouses and employee dormitories to improve resource utilization efficiency.To ensure the effective implementation of resource governance the Company delegates the energy management responsibilities and powers to the energy-consuming and

maintenance management departments including the Product R&D Department the Human Resources Department and the Procurement Department. An effective energy

management system has been established to provide robust support for the efficient execution of energy management initiatives. The Company has also established a stringent

supervision and performance evaluation mechanism including an energy efficiency reward and punishment system to encourage employees to proactively put forward energy

conservation and emission reduction suggestions. This has fostered a company-wide culture of participation and joint advancement thereby facilitating the achievement of the

Company's energy management objectives. In addition the Company has developed energy conservation training plans and regularly conducts energy conservation and carbon

reduction training and awareness campaigns to further enhance employees’ environmental awareness and commitment to energy conservation.During the reporting period the Company obtained certification for the ISO 50001:2018 Energy Management System.Resource Strategy

Risks Opportunities

Risk Type Risk Description Frequency Potential Financial Response Impact Measures Opportunity Type Opportunity Description Potential Financial Impact Response Measures

Adopting an intelligent Develop a digital energy

Strengthen energy management Increase the management system to

equipment unify the Company's energy

Resource system can efficiently development

Extreme storms maintenance consumption management

and overhaul Efficiency

improve energy costs and reduce

or heavy management efficiency the energy Implement water recycling

precipitation Result in power to ensure and standardize energy expenses practices and establish a

may cause outages or the effective utilization procedures reclaimed water reuse system

Extreme damage to interruptions of operation of

weather energy-related Low energy supply equipment

facilities thus which may affect Formulate Improve the production process

leading to the production emergency to reduce energy consumption

interruption of procedures

energy supply Energy Low-emission Energy Reduce energy and conduct Promote the use of clean energy Alternatives Sources expenses

contingency and independently invest in the

drill training development of energy-saving

renovation projects

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Management of Impacts Risks and Opportunities Energy Management

The management representative together with the system management functional Energy-saving Project Renovation

departments of the Company is responsible for organizing relevant departments

to conduct risk and opportunity review monitoring the implementation and

effectiveness of adopted measures and ensuring effective risk control and

appropriate management of opportunities through standardized procedures. The Company invests in the construction of a user-side energy storage project. The energy

storage battery unit of the project employs nano-silicon solid lead batteries which have

the advantages of high safety long service life and recyclability and can effectively solve

Metrics and Targets the industry pain point that electrochemical energy storage batteries are prone to fire

Energy

and explosion. After being put into use the project can fully utilize the peak-valley price

Storage

difference in industrial electricity tariffs between day and night. The system automatically

To effectively conserve energy and resources and reduce waste the Company has Project

charges during off-peak nighttime periods and discharges to meet demand during peak

established energy consumption control metrics and targets based on its actual

daytime hours effectively addressing the Company's instantaneous power load demand for

conditions and conducts regular monitoring to ensure effective implementation

electricity during the day reducing its instantaneous power consumption and lowering its

thereby further enhancing its resource management performance.base electricity costs.Metrics Target Progress in 2025

The project has been put into operation. It achieves 40% peak-shaving and valley-filling

Chilled Water energy savings annually resulting in annual electricity cost savings of RMB 2.8 million. The

Storage project reduces peak load demand on thermal power generation equivalent to an annual

Project reduction of 2.41 million kilograms of carbon dioxide emissions generating significant

Electricity ≤ 35kWh * Output social and economic benefits.Consumption 26.04 kWh/KPCS(KPCS) per month

Water 0.25t * Output

Consumption (KPCS) per month 0.16 t/KPCS

Paper

Consumption ≤ 220 packs per month 211.75 packs

Energy Storage Project Chilled Water Storage Project

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Use of Clean Energy Recycling of Wastewater from the Kitchen Purified Water System

The kitchen purified water

Photovoltaic Power Generation system generates 1.5T

of wastewater every day.Relying on the relatively abundant solar energy resources in A stainless steel water

Daning Humen the Company follows the consumption mode tank has been installed toof “self-generation for self-use and surplus electricity fed into collect this wastewater forthe grid” and has independently invested in and constructed use in kitchen cleaning

a distributed photovoltaic power generation system on the which can save 547.5T of

rooftops of the No. 1 factory building No. 2 factory building and water every year.No. 3 dormitory building at its factory complex covering a total

area of about 4000 square meters.After the project is implemented it is expected to generate

about 860000kWh of electricity annually reducing carbon

emissions by 857 tons. With clean energy accounting for 10%

of total usage the initiative delivers significant economic and

ecological benefits.Digital Energy Management Water Resource Utilization

Condensed Water Recovery Technology of the Central

The Company has established a digital energy management Water Resource Management System Air Conditioning System with Chilled Water Storage

platform. Based on unified data standards and an energy

consumption analysis indicator model repository the platform The Company strictly complies with the Water Law of A 12T stainless steel water

eliminates system barriers and through a core indicator the People's Republic of China and other applicable laws tank is built in the factory area

management system enables centralized data aggregation and regulations. It has formulated the Regulations on to collect the air conditioning

customized data presentation integrated energy monitoring and Domestic Water Management to clarify responsibilities condensed water through the

analytical decision-making ensuring comprehensive visualization and operational requirements for the use protection pipe network. An automatic

of energy consumption data. and management of water resources ensuring effective water level control system

implementation of responsibilities. regulates the operation of the

pressure pump transferring the

Water Saving Measures collected water to the central

air conditioning cooling tower

Fully recognizing the scarcity and importance of water with chilled water storage as

resources the Company promotes the rational use of makeup water.water resources through strengthened management of

domestic water consumption and the implementation of The daily collection amount

water-saving retrofit projects thereby preventing water of condensed water is about

waste. During the reporting period the oil cooler was 21T resulting in annual water

integrated with the water-cooling circulation system savings of about 7665T.achieving a water resource reuse rate of 90% and

realizing “zero waste heat discharge”.

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03

Driving Innovation

Responded

Creating Shared Value TopicsWCON upholds the values of “Integrity-Driven Operations Quality Innovation-Driven GrowthFirst Innovation-Driven Growth Collaboration for Win-Win Product and Service Safety and QualityOutcomes”. The Company adheres to innovation-driven development Supply Chain Security

and continuously creates value for customers through high-quality

products and services. Together with its supply chain partners the

Company is committed to building a sustainable ecosystem and

jointly promoting the high-quality development of China’s connector

industry and the advancement of new quality productive forces.

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2025 Environmental Social and Governance Report About WCON

Sustainable Development Sound Governance Green Operations for a Driving Innovation Uniting the Employees

Sustainable Development Annexesthe Report Governance Low-carbon Future Creating Shared Value Enriching the Society

Innovation-Driven Growth

The Company has always regarded technology research and development as its core competitiveness. It has continuously stepped up efforts in key and core technology research promoted the reform and innovation of the

research and development system and placed strong emphasis on the cultivation and incentive mechanisms for scientific and technological talents. By fully unleashing innovation potential the Company drives high-quality

development through the creation of technological value.Innovation Governance R&D Team Development and Optimization

The Company places great emphasis on product innovation and research The Company continues to transform its talent advantages into momentum for high-quality development. It has gathered a group of

and development. It has formulated regulations including the Measure for core technicians with rich industry experience who have solid professional qualities and long-term technical accumulation in product

Management of Product Design and Development and the Project Management design mold development connector manufacturing process and other areas.Control Procedure to improve its project R&D management system strengthen

regulation implementation and execution coverage enhance R&D efficiency and

team capabilities and ensure the effective operation of the project management

system. The Company has established an R&D center as the core department

for technological innovation. Development planning may proceed only after In addition the Company actively organized

the new product development list has been approved by the Chairman or an 8.99% R&D empowerment training sessions and

authorized representative. Through a clearly defined division of responsibilities experience-sharing seminars aiming to

and rigorous business process management the Company effectively promotes 28.57% 31.22% stimulate the initiative of R&D personnel

the steady improvement of product innovation quality providing solid support and enhance their professional skills.for its sustainable development. The Company’s technology R&D platform has By Gender By Agebeen officially recognized as the “Guangdong Provincial Engineering TechnologyResearch Center” and the “Guangdong Provincial Enterprise Technology Center”.

91.01%40.21%

R&D Center

Male(172 in persons) Under 30 (exclusive) years old(59 in persons)

Product R&D Product Engineering Female(17 in persons) 30 (inclusive) to 40 (exclusive) years old

Department I Department (76 in persons)

Above 40 years old (inclusive)(54 in persons)

Innovation Incentive Measures

The Company continues to transform its talent advantages into a core driving force for high-quality development. To fully stimulate the

enthusiasm of employees for technological innovation the Company has formulated a series of incentive systems such as the Procedure

of Employee Incentive and Authorization Control and the Measures for Patent & Copyright Management. These systems encourage

employees to actively engage in invention and innovation activities drafting of technical standards and filing of intellectual property

applications thereby further unleashing employees’ independent innovation potential.

45

Product Engineering Section

Integrated Product Section

Automotive Product

Development Section

Industrial Connector

Development Section

Precision Connector

Development SectionPreface to About WCON Sustainable Development Sound Governance Green Operations for a Driving Innovation Uniting the Employees 2025 Environmental Social and Governance Report Annexes

the Report Governance Sustainable Development Low-carbon Future Creating Shared Value Enriching the Society

Innovation Strategy

Risks

Category Description Time Range Potential Financial Impact Response Measures

Focus on frontier technologies and increase R&D

Failure to keep Connectors are evolving toward high frequency and high speed Missing market investment; strengthen industry-university-research Technology pace with R&D high voltage and high current and miniaturization with accelerated Medium and windows resulting in cooperation and introduce external technological Risks advancements technological iteration. If R&D efforts do not keep pace the Company long-term a decline in operating resources; enhance intellectual property layout by actively may face the risk of being eliminated from the market. income applying for domestic and international patents to build

technological barriers.The intelligent connectors launched by the Company may carry a Inventory backlog Conduct customer demand research prior to R&D and

Market Market unit price higher than that of traditional products potentially leading Medium and increased marketing carry out customized development; strengthen marketing

Risks competition customers to delay procurement. Meanwhile competitors may launch long-term expenses and declining efforts and showcase product advantages through

similar products resulting in heightened market competition. gross profit margins industry exhibitions and other promotional channels.Policy Intellectual

Certain enterprises in the industry may imitate patented technologies to

property reduce R&D costs. Following the launch of new products the Company

Legal litigation costs Sign confidentiality agreements with employees;

and Legal infringement may face infringement risks. In addition insufficient patent searches

Short- to losses due to product

Risks during the R&D process may result in inadvertent infringement disputes medium-term sales bans and damage

strengthen intellectual property protection and training;

risk expand independent patent layout.and legal proceedings. to brand reputation

Opportunities

Category Description Time Range Potential Financial Impact Response Measures

Closely monitor technological pathways and customer

The rapid development of emerging industries such as new energy demands in relevant sectors to conduct forward-looking

vehicles autonomous driving data centers artificial intelligence and product positioning and capacity planning.renewable energy has created substantial incremental demand for high-

Medium and

Market Opportunities performance connectors. Augmented operating income Actively engage with leading domestic customers and

long-term

Amid a complex international environment domestic downstream participate in their early-stage R&D projects leveraging

customers are accelerating the localization of core components to rapid response capabilities cost advantages and

enhance supply chain security. customized services to become their preferred domestic

supplier.Note: Short-term——Within 1 year; Medium-term——1–5 years; Long-term——Over 5 years

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Management of Impacts Risks and Opportunities Promoting the Development of New Quality Productive Forces

To ensure the efficient execution of R&D activities the Company has formulated Benchmarking against leading international enterprises the Company has invested in professional 3D design software simulation

the Control Procedure for Design Potential Failure Mode and Effects Analysis and testing systems and high-end electrical and material testing equipment in the technical R&D stage which effectively shortened

applies DFMEA analytical methodologies. During the product design and planning the product R&D cycle reduced the material consumption in the R&D stage of traditional connector products by leveraging the

stage each component of the product is systematically analyzed to proactively considerable data computing power for simulation testing and effectively ensured the rapid delivery of new products and met

identify and evaluate potential failures and their consequences. Corresponding the customized needs of end customers.measures are developed in a timely manner to avoid or reduce such potential

failures thereby preventing risks and enhancing product quality. Rooted in Dongguan the Company has contributed to supplementing and improving the industrial chain of the information

transmission cable industry in the region. It has further promoted the optimization and upgrading of Dongguan’s electronic

information manufacturing sector facilitated the transformation and upgrading of the local connector manufacturing industry

and created a significant number of high-quality job opportunities for the manufacturing industry in the region.Metrics and Targets

Each year the Company formulates an annual R&D plan based on overall Industry Collaboration

business performance and customer needs and establishes a regular tracking

mechanism to ensure the orderly advancement of R&D and innovation objectives.The Company actively participates in industry standardization initiatives and has made positive contributions to the improvement

During the reporting period The Company aims at connector miniaturization

of industry’s technological level by taking part in the drafting of multiple connector-related standards. To date the Company

integration and intelligence development trends. Innovations in connectors are

has joined 9 industry-related organizations and associations including the Electrical Connectors Branch of China Electronic

pursued in complex structure design electrical performance simulation precision

Components Association the Guangdong Association for Quality the Shenzhen Robot Special Wire and Cable Industry

mold design and new material applications. These efforts accelerated the

Association and the Shenzhen Connectors Industry Association.commercialization of R&D achievements further enriched the Company’s product

portfolio and met the customized needs of different customers. During the reporting period the Company actively participated in industry activities such as the Smart Production Solutions

and ITES Exhibition demonstrating the Company's latest technologies and achievements in the field of connectors. Through in-

depth exchanges with on-site guests and industry experts the Company further enhanced the market application capabilities of

its products and continuously strengthened cooperative relationships in the industry jointly promoting the advancement of the

connector sector.Metrics Goals for 2025 Achievements in 2025

45 patent applications filed;

Intellectual File 35 patent patent commercialization

Property applications

rate > 90%

Standard Formulate 2 group 2 national industry group

Development standards standards are formulated

85 new products developed;

R&D Tasks More than 40 R&D tasks were completed 15 new products successfully

commercialized SNEC International Photovoltaic Power Generation Industrial Automation Show (IAS) China

and Smart Energy Exhibition & Conference (Shanghai) International Industry Fair 2025

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Annexes

Low-carbon Future Creating Shared Value Enriching the Society

Protection of Intellectual Property Rights By the end of the

reporting period

Enhancing the level of intellectual property (IP) management is a key safeguard for strengthening the Company’s independent innovation

capabilities. In accordance with the national standard GB/T 29490-2023 Code for Management of Intellectual Property Rights of Enterprises

and taking into account its actual conditions the Company has formulated a series of institutional and procedural documents including the The Company had obtained 245 domestic patents including

Intellectual Property Management Manual and the Procedure for Control of Intellectual Property Acquisition. The Company continuously improves 31 invention patents 203 utility model patents and 11 design

its IP protection system implements IP management in a scientific and standardized manner and safeguards its legitimate rights and interests. patents as well as 1 overseas patent. In addition the Company

The General Manager serves as the primary person responsible for intellectual property management. Key responsibilities include formulating owned 2 computer software copyrights.the Company’s IP policies and objectives ensuring the provision of an appropriate organizational structure to support IP management

implementation and presiding over management reviews of the IP management system thereby maintaining its ongoing effectiveness.The Company has obtained the certification of GB/T 29490-2013 intellectual property management system. There were no intellectual property

disputes in 2025.Intellectual

Property

Management

Project Initiation Stage R&D Stage Production Stage Sales Stage

The R&D Center uses intellectual property risk R&D achievements are evaluated and The Manufacturing Center evaluates The Marketing Center monitors competitors’

assessment and contingency planning as the confirmed ownership rights are clarified improvements and innovations determines activities collects information on potential

basis for project initiation and budgeting. and intellectual property rights are secured appropriate protection measures and secures infringements and maintains relevant records.accordingly. corresponding intellectual property rights.

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Product and Service Safety and QualityThe Company regards product quality as the foundation of its long-term development. It consistently upholds the business philosophy of “Building Brand Reputation Through Quality Gaining Market Trust Through Service andDriving Growth Through Professionalism”. The Company fully implements its quality policy of “Quality First Continuous Improvement and Customer Satisfaction” adheres to innovation-driven growth deepens lean management

practices and continuously provides customers with more professional and efficient solutions. During the reporting period the Company did not experience any significant quality or safety incidents for which it was held

responsible.Quality GovernanceThe Company has established a rigorous quality assurance system based on its quality policy of “Quality First Continuous During theImprovement and Customer Satisfaction”. The Quality Center serves as the primary responsible department of the Company and Reporting Period

comprises the Quality Management Department and the Quality Assurance Department. The Company has formulated management

regulations including the Production Control Procedure the Control Procedure for Finished Product Inspection and the Nonconforming

Product Control Procedure ensuring that quality control measures are implemented throughout the entire process from production 24 quality training sessions were carried out with a total of 153

to warehousing. Strict quality control measures are applied at each stage. The General Manager is responsible for approving the

Company’s quality policy objectives indicators and new product development. participants and an accumulated duration of 1738 hours.The Company had obtained certifications for the IATF 16949:2016 Quality Management System the ISO 9001:2015 Quality

Management System and the QC 080000:2017 Hazardous Substance Process Management System.Quality Center

Quality

Representatives

Product and Service Organizational Structure QC 080000:2017 Quality Training

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Quality Assurance Department

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Quality Strategy

Risks Opportunities

Risk Type Trigger Probability Risk Analysis

Potential Financial

Impact Response Measures Opportunity Type Opportunity Description

Potential Financial

Impact

Updates to product-related Regularly monitor domestic and

regulations and standards international laws regulations standards

Increased

notably stricter restrictions on and industry codes promptly revises its

investment required In terms of policy

Policy and Legal hazardous substance content internal hazardous substance control

Low for compliance opportunities national and

Risks limits and functional safety standards and strictly implements these Access to policy-upgrades and

standards may prohibit non- updates;

local governments have in

based funding

higher export costs.compliant products from entering recent years continuously Sign the declarations on the non-use of support reduced

target markets. increased support for quality hazardous substances with suppliers. Policy Opportunity costs of quality

improvement and standard

improvement and

formulation providing

enhanced brand

significant development

recognition.momentum for high-tech

enterprises.Product quality

issues and delayed

Non-compliant supplier Formulate procedure documents such as

deliveries may

qualifications fluctuations the Supplier Control Procedure Sample

damage brand

Supplier in material performance or Control Procedure and packaging

Low reputation and

Risks inadequate control during specifications;reduce customer

transportation may directly

trust leading to Sign quality and confidentiality

jeopardize final product quality.decreased sales agreements with suppliers.revenue.Amid deepening economic

development market

requirements for product

quality continue to rise. This

creates favorable conditions

Rapid iteration of customer Product quality for enterprises to enhance

requirements may result in Expanded problems may

delivered products failing to meet Formulate quality control systems and brand reputation expand lead to increased Market Demand market share

the customer’s requirements; management measures to strengthen market share and improve customer product

Undetected batch defects in raw quality control in the production process;

Opportunity and increased

economic benefit. It also

return rates and operating income.materials or failure to timely label Strictly enforce the incoming and provides development reduced sales

Operational Risks Medium and control defective products outgoing quality inspections of finished revenue; space for enriching product

may lead to defective products products;The costs of portfolios and optimizing

being delivered to customers; handling complaints Formulate the Product Identification and product structures thereby

Mixing of materials or improper and compensation Traceability Control Procedure to ensure further enhancing overall

misplacement of conforming and lead to increased clear labeling of material racks.non-conforming products may profitability.costs.affect product quality.

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Management of Impacts Risks and Opportunities

To safeguard product quality the Company conducts potential risk identification in areas such as quality hazardous substances and non-conforming products in accordance with the Risk and Opportunity Control Procedure. Risk

analysis is integrated throughout the entire process including product design and development production and finished goods management so as to mitigate potential quality risks.Metrics and Targets

Performance Indicators 2025 Target Values 2025 Actual Achievement Values

To ensure the effectiveness of quality management processes maintain

product quality compliance fulfill customer expectations and achieve C3-2 Stamping Process Inspection Pass Rate (%) ≧ 99.3 99.68

quality objectives the Company has formulated the Objectives Targets

and Implementation Management Procedures to establish monitor and

continuously improve Key Performance Indicators (KPIs) for processes C3-3 Molding Process Inspection Pass Rate (%) ≥ 99.5 99.80

related to the quality management system. Annually the Company sets

annual objectives and targets cascaded down to specific departments. C3-5 Assembly Process Inspection Pass Rate (%) ≥ 99.5

Adjustments are implemented promptly based on target achievement 99.66

status.Cost of Poor Quality (COPQ) Loss Rate (%) ≤ 0.12 0.054

Quality Pursue zero defects and make WCON a byword for Number of Continuous Improvement Projects (Pieces) 5 5

Objectives high quality in the connector industry.Document Distribution Accuracy Rate (%) 100 100

Incoming Material Inspection Pass Rate (%) ≧ 98

HSF 99.25

Objectives HSF customer complaint rate - zero.Incoming Batch Missing Quantity (Pieces) ≦ 3 0.83

Assembly Batch Non-conforming Quantity (Pieces) ≦ 1 0.33

During the

Reporting Period Customer Return PPM 770 547.91

Customer Acceptance Pass Rate (%) ≥ 99.6 99.80

The Company's product

pass rate was 99.76%. HSF Incoming Inspection Pass Rate (%) 100 100

HSF Monthly Product Complaint Rate (%) 0 0

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Quality Management Measures Product Recall Management

Whole-Life-Cycle Management of Products The Company has established procedural documents such as the Product

Recall Control Procedure and the Corrective & Preventive Actions Control

Procedure. For products with serious environmental non-compliance or

The Company has implemented an integrated product whole-life-cycle management system covering every stage from incoming quality defects including those posing safety hazards the Company handles

material inspection manufacturing processes and finished product inspection. It also conducts full-process tracking of after- such cases in a timely manner in accordance with the requirements of the

sales services. This end-to-end framework ensures precise quality monitoring at each phase enabling systematic management and recall procedure to prevent adverse impacts on customers.continuous product quality optimization ensuring that product quality consistently meets customer requirements.No products must be withheld or recalled during the reporting period due to

health and safety concerns.Quality Management Process

Recall Procedure

Incoming Material Inspection Production Process Finished Product Inspection

The Incoming Material Inspection The In-Process Inspection Control The Finished Product Inspection

Control Procedure is established Procedure has been established to Control Procedure has been 01 Triggering Circumstances

to standardize the inspection standardize critical control protocols established to stringently

process for externally procured or including sample reception first- standardize incoming inspection

outsourced production materials. article inspection and last-article and outgoing inspection Product Identification & Evaluation

This protocol encompasses sampling verification. This framework processes based on product 02

supplier qualification verification ensures that all production stages categories ensuring the outgoing

statistical sampling inspection operate under controlled conditions products comply with the

material identification and maintaining consistent quality and requirements. 03 Traceability & Recall Planning

segregated storage protocols. stability. Additionally dedicated

Materials passing inspection are control procedure documents for

authorized for warehouse entry stamping injection molding and Information Disclosure

while non-conforming items are copper wire production have been 04

processed in accordance with the developed to define standardized

Non-conforming Product Control workflows across all manufacturing

Procedure thereby safeguarding workshops ensuring product quality. 05 Product Retrieval

product quality at the source.

06 Disposal/Remediation

Dispose Non-conforming Products

Documentation

The Company has established and strictly implemented the Non-conforming Product Control Procedure and the Defective Product 07

& ROHS Disassembly Management Specification among other procedural documents to ensure that non-conforming products are

promptly controlled and handled throughout the entire process including raw material input production product output and service

delivery. This prevents the mixing of non-conforming products with conforming products in subsequent processes or shipment. 08 Corrective Actions

In addition the Company standardizes the disassembly and processing workflow for defective products conducts analysis and

summarizes lessons learned and provides solutions to address the root causes of quality abnormalities.

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Customer Service Assurance Customer Satisfaction Survey

The Company provides professional services and high-quality products to meet the diverse needs of customers. Through the formulation of the Sales The Company has established the Customer Satisfaction

Management Control Procedure it has systematically standardized the full-process control mechanism covering pre-sales in-sales and after-sales Management Procedures to standardize survey methods

stages improved internal customer service management enhanced responsiveness to customer requirements and remained committed to improving data collection and evaluation criteria. The Marketing

customer satisfaction. Center proactively monitors customer satisfaction on

a monthly basis and conducts an annual customer

satisfaction survey in the form of questionnaires. For

Customer Complaint Handling automotive customers business personnel collect customer

scorecards or monthly performance assessment data

The Company has established the Customer Complaint Handling Control Procedure and formed a dedicated complaint handling team to ensure timely on a monthly basis to collect and understand customer

response to customer complaints and the prompt and effective resolution of customer issues thereby enhancing customer satisfaction. In addition feedback regarding services products delivery timelines

the Company has implemented the 8D problem-solving methodology to analyze and resolve customer complaints. It continuously monitors the quality and management systems. The collected results

implementation of corrective measures and tracks their effectiveness to ensure that issues are effectively resolved and prevented from recurring. are subject to internal statistical analysis and client-side

feedback evaluation. In response to customer comments

and suggestions relevant departments implement

corresponding improvement measures to continuously

8D Customer Complaint Handling Process enhance products and services thereby further improving

customer satisfaction.

4 Root Cause Analysis During the reporting period the Company distributed 660 customer satisfaction survey questionnaires with

a response rate of 85.91% and a customer satisfaction

0 Initial Problem Potential Cause 5 Permanent Corrective score of 95.79.Understanding Identification Actions

1 Team Formation Most Likely Cause Selection 6 Recurrence Prevention

NO

2 Root Cause 7 Effectiveness Verification Problem Description Verification and Standardization

YES

3 Interim Containment Actions Root Cause Confirmation 8 Lessons Learned

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Responsible Supply Chain Supply Chain Governance

The Company has established internal systems including the Supplier Management Control Procedures and the Procurement

Control Procedures. These clarify a comprehensive set of supplier lifecycle management framework covering the entire process

The Company is committed to building a sustainable supply chain. While ensuring from supplier onboarding to supplier phase-out. This ensures the selection of compliant and high-quality partners and

procurement requirements are met and contractual obligations are fulfilled promptly continuously safeguards the stable quality of raw materials and components as well as reliable service delivery. The General

it actively encourages suppliers to improve their sustainability performance and Manager of the Company is responsible for approving qualified suppliers and making decisions on major issues arising during

progressively integrates sustainability-related elements into full lifecycle supply the procurement process. The Procurement Department is responsible for the development evaluation and management of new

chain management. suppliers conducting procurement negotiations and contract signing as well as carrying out comprehensive supplier performance

evaluations and providing guidance where necessary.Supply Chain Strategy

Risks Opportunities

Impact Potential Opportunity Impact Risk Type Risk Description Time Financial Response Measures Opportunity DescriptionType Time

Potential

Duration Impact Duration Financial Impact

Insufficient supplier delivery capacity or Economic

disruptions in logistics and transportation may losses and The Company attracts Enhanced

Supply Chain customer Strengthen full lifecycle supplier management

Green

lead to delays in raw material delivery affecting Short-term environmentally conscious Medium and brand image

Disruption Risk order enhance supplier admission and evaluation

Supply

production schedules and resulting in delayed customers by promoting long-term and increased

cancellations mechanisms and cultivate high-quality suppliers;

Chain

order fulfillment. sustainable practices. sales revenue.leading to Promote supply chain resilience by actively developing

reduced new supplier channels to reduce dependence on a

operating single supply chain;

A complex and volatile international environment income and Formulate the Contingency Drill Plan for Externally

may affect the Company’s import of raw materials increased

Political and Medium- Sourced Processes and organize emergency drills to

and equipment in the future potentially leading additional By integrating advanced

Economic Risk term improve emergency response capabilities.to increased procurement costs or delayed procurement information technologies

deliveries. costs. such as the Internet of Optimized

Things (IoT) big data and

operational

artificial intelligence (AI)

processes

the Company enhances

Supply streamlined

Strengthen analysis of raw material price trends and the intelligence and Medium and Chain Digital management

flexibly adjust procurement cycles based on market automation of supply long-termTransformation procedures

dynamics while standardizing procurement planning chain management

The Company’s raw materials include metals and reduced

Price rises management. thereby improving

Price and plastic materials. Significant fluctuations Short- to operating

increase Establish and maintain good partnerships with responsiveness decision-

Fluctuation in market copper prices precious metal prices medium- costs.procurement upstream suppliers to enhance price stability at the making accuracy and

Risk or international oil prices may lead to price term

costs. source. adaptability to market

fluctuation risks for raw materials. changes.Reduce production material consumption by improving

product value-added and optimizing production

processes.Note: Short-term——Within 1 year; Medium-term——1–5 years; Long-term——Over 5 years

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Management of Impacts Risks and Opportunities

Supply Chain Enhance supply chain responsiveness to ensure timely delivery.To ensure the security stability and sustainability of the supply chain the Company Efficiency Reduce inventory levels in the supply chain to lower inventory costs.proactively identifies potential risks such as changes in the external environment and Targets Optimize supply chain processes to improve operational efficiency.supplier performance issues based on its business characteristics and supply chain

realities. Risk analysis is integrated into every stage of supplier admission evaluation

raw material procurement and transportation. Through the management principle of

“Prevention-Response-Continuous Improvement” the Company promptly identifies and

addresses various risks within the supply chain continuously enhancing its resilience and Establish and maintain stable supplier relationships to ensure supply stability.sustainable development capabilities. Supplier Continuously source high-quality suppliers to enhance product quality and

Management competitiveness.Targets Refine supplier engagement models for mutual success.Prevention First

Establish tiered mechanisms covering supplier performance

evaluation real-time logistics monitoring and cybersecurity

compliance audits enabling proactive identification and Reduce procurement costs by seeking more competitive suppliers.mitigation of supply chain security risks. Cost Control Control transportation and warehousing costs and achieve cost savings by optimizing

Targets logistics management.Regularly review cost structures to identify opportunities for cost reduction.Rapid Response

Once a supply chain security problem occurs quickly activate

the emergency plan take adequate measures to solve the

problem and reduce losses. Metrics 2025

Number of suppliers 42

Continual Improvement

Regularly evaluate and optimize the supply chain security Proportion of procurement expenditures from local suppliers 50%

management system to continuously improve the supply

chain security level. Number of suppliers certified under quality management systems 40

Number of suppliers certified under environmental management systems 17

Management Principles Number of suppliers certified under occupational health and safety

management systems 2

Number of suppliers suspended due to non-compliance 0

Metrics and Targets Number of prospective suppliers rejected due to non-compliance 0

The Company has clearly defined its targets and metrics in supply chain management Percentage of suppliers that have signed the Integrity Agreement 100%

establishing corresponding measurement methods and monitoring plans. Through

effective supply chain management it aims to enhance operational efficiency reduce Note: The number of suppliers is counted based on the list of qualified suppliers. Local suppliers refer to enterprisesregistered within Guangdong

costs and deliver superior products and services. Province.

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Whole-Life-Cycle Management of Supplier assessment

Supplier

The Company operates a tiered supplier evaluation system conducting periodic performance assessments for different types of appraisal objects.The Company continuously improves the supplier Assessments focus on four core performance metrics: quality compliance quality performance delivery reliability and collaborative engagement. Based on

management system which covers key links such as cumulative evaluation scores suppliers are classified into four tiers: Grade A Grade B Grade C and Grade D. The Procurement Department aligns sourcing

new supplier admission evaluation assessment and strategies with these ratings.regular on-site audits and implements full-process

closed-loop management to effectively ensure the

controllable quality of suppliers and the security and

stability of the supply chain.Grade A 90-100 points grant prioritized procurement status with discretionary increases in purchase orders and manufacturing allocations.Supplier admission

The Procurement Department of the Company

identifies potential suppliers according to the material

supply status supplier evaluation and supplier

development plan. After preliminarily determining that Grade B 80-89 points maintain the current order quantity and the supplier should continue to improve.the suppliers meet the requirements the suppliers

need to complete the Supplier Capital Information

Form collect supplier information preliminarily screen

suppliers with strong comprehensive capabilities

cooperation commitment and alignment with the

Company’s standards and evaluate the suppliers 70-79 points appropriately reduce purchase volumes or suspend procurement. For certain more serious issues issue warnings and notify

from three aspects: supply chain reliability technical suppliers requiring them to submit improvement plans within one week. Demand corrective actions for deficiencies and confirm the Grade C

expertise and quality assurance systems. results of submitted measures. IQC shall conduct stricter inspections on materials from this manufacturer. A supplier rated as Grade C for

over three consecutive months will be downgraded to Grade D.To ensure the quality and compliance of materials

used in automotive products the Company explicitly

prioritizes suppliers certified by IATF 16949 and

systematically controls the purchased materials 60-69 points the Procurement Department notifies the supplier to attend on-site review meetings or receive technical guidance at

processes and services to ensure that they fully comply its facility. If a supplier is rated as Grade D twice in a row the Procurement Department will issue an official corrective action notice

with the current laws and regulations in the receiving Grade D (CAR); if the supplier fails to improve within the rectification period the supplier will be disqualified. If a supplier is rated as Grade D for

country the country of dispatch and the country of three consecutive months and its production lines are halted due to environmental issues or customer complaints its business will be

destination determined by the customer. On this basis terminated and its qualification as an approved supplier will be cancelled.all direct material suppliers are required to sign the

following agreements with the Company: Supplier

Quality Assurance Agreement Supplier Material PCN

Agreement and Supplier Environmental Compliance Supplier Audit and Evaluation

Agreement. These contractual agreements reinforce

quality responsibilities and environmental obligations

enabling the Company to continuously build a stable The Company has set up an audit team composed of relevant personnel from the Quality Management Department Procurement Department and R&D

reliable and compliant supply chain system. center and conducts an annual audit once a year. For unqualified suppliers a rectification period of four months can be given. After passing the re-review

four months later it can be included in the list of qualified suppliers again. Otherwise it will be listed in the “Supplier Elimination Plan.” Suppliers listed

in the “Supplier Elimination Plan” or those without business transactions for two years shall undergo audit and evaluation according to the new supplier

admission process to restart their business.

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Empower with Digitalization

The Company uses the Supplier Relationship Management (SRM) system as the information management platform for supplier relationships. The system integrates various functions such as the procurement process supplier

evaluation and cooperation and collaboration. This platform is used to effectively manage the entire life cycle of suppliers from screening and admission to transaction cooperation performance evaluation and subsequent

relationship maintenance so as to realize transparency of procurement cost process automation enhance supply stability realize information sharing and collaboration ensure compliance of procurement transactions and

improve the overall quality and cooperation satisfaction of suppliers. At the same time it can monitor supplier performance and risks in real-time such as delivery delays quality problems etc. issue early warnings and take

measures to reduce the risk of supply interruption.Supplier ESG management

Supplier ESG management is critical for companies to achieve sustainable development goals. To effectively implement ESG practices across supply chains enterprises adopt a systematic approach encompassing the following

measures: formulating clear ESG policies and standards selecting ESG-compliant suppliers establishing a regular communication mechanism providing training and support setting clear ESG improvement targets and metrics

conducting supervision and audits and establishing an incentive mechanism. At the same time the Company maintains a vigilant focus on market dynamics regulatory updates and internal growth trajectories. It continuously

refines ESG management frameworks and standards for supplier networks fostering a mutually beneficial ecosystem that drives collaborative development. This commitment ensures joint progress toward co-creating an eco-

conscious socially responsible and sustainable future with supply chain partners.The Company proactively pioneers a “Transparent Procurement” model ensuring open equitable and transparent procedures that eliminate backdoor operations. The Company signs

Transparent the Integrity Agreement with suppliers to strengthen oversight of anti-monopoly anti-bribery and anti-corruption practices guaranteeing the fairness and transparency of their business

Supply Chain activities. This safeguards the legitimate rights and interests of both parties and fosters the development of a healthy trustworthy cooperative relationship between the Company and its

suppliers.In terms of environmental protection the Company requires suppliers to take necessary environmental protection measures such as reducing emissions protecting resources and recycling

waste to reduce the adverse impact on the environment. Suppliers are encouraged to use renewable energy and energy-saving factory technologies to reduce energy consumption and

carbon emissions. Additionally the Company manages suppliers’ water usage by requiring them to take effective measures to reduce water withdrawal and to treat water and wastewater in

Green Supply an environmentally compatible manner.Chain The Company has established the Control Procedure for Energy Services Products Equipment and Energy Procurement to effectively manage the procurement processes for energy services

products equipment and energy. This procedure identifies qualified suppliers and ensures that procured energy services products and energy meet specified requirements thereby

enhancing energy performance and promoting efficient energy utilization.In terms of human rights management in the supply chain the Company require suppliers to respect and protect international human rights and not engage in acts that violate or infringe

Responsible

on human rights. prohibit suppliers from using child labor forced labor or any form of compulsory labor to protect the legitimate rights and interests of employees and is committed to

Supply Chain

encouraging suppliers to provide employees with a working environment that respects diversity and inclusiveness and advocates equal and fair business ethics.

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Conflict Minerals Management

Control Measures

The Company continuously refines its supply chain

compliance management system by establishing the

Control Procedures for Prohibiting the Use of Conflict If an investigation or testing have confirmed that conflict minerals originating from the Democratic Republic of the Congo and its adjacent

Minerals and Conflict Minerals Management Measures. regions have been used in the supplier’s materials.It publicly issues the Commitment to Not Use Conflict

Minerals which serves as a core requirement for supplier

admission. The Company unequivocally pledges to neither

support nor procure any mineral resources that directly

or indirectly finance armed conflicts. Through systematic

due diligence and end-to-end supply chain traceability it

rigorously ensures the compliance and ethical sourcing of Suspend procurement of Require the supplier to submit Require suppliers to re-sign

raw materials. materials from this supplier and a written root cause analysis commitment letters and submit

In its management practices the Company has established issue a formal notice. and immediately cease the use rectification plans within the

a conflict minerals prevention and control system that of conflict minerals. specified timeframe including

covers the entire process. Adhering to the relevant verifiable sources of compliance

standards and frameworks of the Responsible Business and specific preventive measures.Alliance (RBA) and the Responsible Minerals Initiative The Company strictly verifies

(RMI) the Company conducts Reasonable Country of the rectification effect and only

Origin Inquiries (RCOI) to identify risks within the supply after passing the review can it

chain. The Procurement Department Quality Assurance consider conditional resumption

Department R&D Center and Marketing Center of the of procurement otherwise the

Company have clearly defined management responsibilities cooperation will be terminated

and collaborate on prevention and control measures. and the supplier will be included

They are committed to eliminating conflict minerals at the in the high-risk list.source effectively fulfilling responsible procurement and

corporate social responsibility.

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04

Uniting the Employees

Enriching the Society Responded

Topics

WCON consistently regards talent as the core driving force of its

development continuously optimizes its human resources management

system effectively safeguards employees’ legitimate rights and Protection of Employees’ Legal Rights and Interests

interests while establishing a work environment characterized by

equality and respect. The Company focuses on tapping employees’ Training and Development

potential empowering each individual to achieve self-fulfillment and Occupational Health and Safety

clarify their career development path. Simultaneously it continuously Contribution to Society

refines its occupational health and safety management framework to

comprehensively safeguard employees’ physical and mental well-being

and personal safety.

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Safeguarding Employees’ Rights

As of the end of the

Reporting Period

The Company places high importance on human rights protection and strictly adheres to laws and regulations such as the

Labor Law of the People’s Republic of China and the Labor Contract Law of the People’s Republic of China. During the reporting The Company had 1668 employees.period it revised multiple human resources management systems including the Employee Handbook continuously improved

the human resources management system framework strengthened the systematic development of human rights protection

mechanisms and comprehensively safeguarded employees’ lawful rights and interests.

1.02%

25.30%0.90%9.59%4.80%1.02%

5.51%

32.37%

12.11%

By Gender By age By academic qualification By job level By profession

49.28%50.72%42.33%71.22%18.29%94.18%5.04%76.32%

Female (846 in persons) Under 30 (exclusive) years old(540 in persons) Master’s degree or above (15 in Senior management (17 in persons) Production (1273 in persons)

persons)

Male (822 in persons) 30 (inclusive) to 40 (exclusive) years old (706 Middle management (80 in persons) Sales (84 in persons)

in persons) Bachelor’s degree (160 in persons) Non-managerial Staff (1571 in Technology (202 in persons)

40 years old or above (422 in persons) College degree (305 in persons) persons) Finance (17 in persons)

Below college degree (1188 in Administration (92 in persons)

persons)

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Talent Attraction and Recruitment During the

Reporting Period

Recruitment Management

Number of new employees Social recruitment On-campus recruitment

During the reporting period the Company revised the Recruitment and Appointment Management Measures to continuously 900 persons 861 persons 39 persons

standardize the recruitment and appointment process. This ensures that the procedures for interviews evaluations salary

determination background checks and hiring for each position are legal and compliant strictly mitigating risks associated

with personnel recruitment. The Company prohibits all forms of discrimination. By implementing the List of Prohibited

Questions for Interviewers the Company rigorously ensures fairness and impartiality in the recruitment process. In 2025 no

child labor or forced labor incidents occurred in the Company.The Company continues to broaden its diverse recruitment channels to expand its talent pool and is committed to providing

equal and inclusive employment opportunities for job seekers from all backgrounds.Internal Recruitment

"Talents in South Guangdong" Spring Recruitment Campaign

The Company has established the Internal Referral and Selection Management Measures to encourage employees to actively

participate in internal referrals and selections based on position recruitment requirements. Rewards are granted according

to established standards based on the job level of the successfully hired candidate. Furthermore the Company strictly Diversity Equality and Inclusion

enforces the recusal principle explicitly requiring the referring employee to withdraw from the interview and decision-

making process. This creates an institutional safeguard against conflicts of interest ensuring the objectivity and fairness of

the selection process. The Company has established policies including the

Anti-Discrimination Policy Management

and Control Procedure and the Human Rights Policy Statement to regulate employee

During the reporting period a total of 63 internal referral resumes were received with 47 candidates successfully hired. management practices and to genuinely respect protect and promote human rights.Internal referral bonuses totaling RMB 17000 were distributed and the compliance rate of the recusal principle reached Throughout all stages of employment including employment compensation training

100% promotion termination and retirement the Company prohibits discrimination based on race . social stratum religion disability gender sexual orientation age marital status pregnancy

union membership or political affiliation. The Company ensures all individuals enjoy fair

equitable and reasonable employment opportunities while continuously fostering a diverse

External Recruitment equal and inclusive workplace environment.During the

Social recruitment: The Company collaborates with online recruitment platforms such as 51job Zhitong Talent and Lexun Reporting Period

Headhunting to establish an efficient social recruitment channels and effectively improve the precision of job-to-candidate

matching.On-campus recruitment: During the reporting period the Company participated in 2 campus recruitment fairs covering The Company had 2 disabled employees 170 ethnic minority employees in

multiple disciplines including science and engineering humanities & social sciences. The positions offered spanned technical which 4 in the management.R&D securities affairs and functional support catering to the career needs of fresh graduates from diverse academic

backgrounds. The recruitment infuses the Company with sustained innovative vitality and core human capital essential for

long-term development.

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Case Construction of Accessibility Facilities Protection of Rights and Interests of Female Employees

The Company consistently upholds the principle of respecting and supporting female employees strictly adhering

Upholding the people-oriented core value the Company continuously optimizes its to internal requirements such as the Special Provisions on the Labor Protection of Female Employees. In workforce

barrier-free environment to remove physical obstacles and ensure that employees management the Company ensures female employees receive equal compensation and fair career development and

with special needs can participate in work on an equal basis. Barrier-free ramps promotion opportunities alongside their male counterparts. The Company fully implements statutory leave policies

are installed at the main entrances and exits and barrier-free elevators equipped such as maternity and parental leave guaranteeing full pay during these periods. Furthermore the Company expressly

with horizontal low-position buttons braille signs voice announcements and other prohibits any wage reduction dismissal or termination of employment contracts on grounds of pregnancy childbirth

functions are provided. The Company strives to build a more inclusive and caring or breastfeeding. These practices collectively safeguard the lawful rights and interests of female employees.workplace and public space contributing to the development of a barrier-free society.During the

Reporting Period

18% of the Company’s management were female 3 employees enjoyed maternity leave and 1 employees

enjoyed parental leave.Training and Development

Employee Training

New Employee Orientation Onboarding Guidance

The Company attaches great importance

to talent cultivation continues to promote Post Qualification Training Operation Process Training Operation Instruction Manual Training

the systematic construction of employee

training and builds a hierarchical and

classified training structure to cover all- Quality Inspection Personnel Training Manufacturing Personnel Training Marketing Personnel

dimensional growth needs such as new Functional Training Training Procurement Personnel Training

employee induction guidance on-the-job Training

skills improvement management talent Framework Management Competency Frontline Supervisor Training Mid-level Management Training Senior Executive Leadership

advancement and internal curriculum Development Training Development

creation. Building upon a standardized Plan

training framework the Company has

advanced its personal ized learning Quality System Training Quality Skills and Concepts Training ISO Training

approach. Training content and learning

pathways are tailored to align with role-

specif ic competency requirements Internal Lecturer Training TTT (Basic Intermediate Advanced) TWI Job Instruction Training Tools and Methods

individual career development plans

and personal growth objectives. Training

assessments are conducted to evaluate Safety Training Industrial Safety Training Occupational Health and Safety System Training Hygiene and Safety

learning achievements. Training Process Safety Management Training

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Internal Training Mechanism External Training Mechanism

During the reporting period the Company implemented the Mentor Management Measures as a core initiative The Company actively establishes external learning and development channels for employees to enhance

for talent pipeline development new employee induction and professional skill transfer. Mentors received their professional skills and broaden their knowledge horizons. The Company strictly implements external

corresponding bonuses for assisting new employees in quickly familiarizing themselves with the Company’s training in accordance with the External Training Management Measures. When formulating annual training

corporate culture organizational structure and business processes thereby facilitating their smooth integration plans all departments shall simultaneously incorporate external training programs and corresponding

into the workplace and enhancing their job competency. budgets into their planning scope. Institutionalized management ensures the effectiveness of employee

297 external training.In 2025 a total of participations were recorded under the Mentor Management Measures.

Career development

During the

Reporting Period The Company attaches great importance to the clear career development channel of employees

and the improvement of the growth incentive mechanism and has formulated the Position

Promotion Assessment System. By establishing a fair just and open competition and promotion

mechanism the Company further standardizes the full-process management of promotions

491 14392 clarifies the promotion assessment standards evaluation procedures and application rules of internal training sessions were conducted with a total of participants and an results and provides a clear and accessible promotion path for employees at different levels

accumulated training duration of 16200 hours. The average training hours per employee per and positions.year were 14.59 hours and the employee training coverage rate was 100%. The Companys’ promotion process strictly adheres to the principle of placing equal emphasis on

ethics capability and performance. Promotion types encompass three major categories: regular

promotions for positions at Levels 1 to 3 specialized promotions for technical apprentices

and assistant engineers and annual promotions for positions at Level 4 and above. Promotion

criteria and evaluation standards are clearly defined with the previous year’s performance

assessment results combined with the supervisor’s comprehensive assessment serving as

the core basis. The evaluation process is conducted in two sessions annually. Through this

standardized and regular promotion assessment mechanism the Company ensure fairness and

transparency in talent development pathways.In alignment with its "people-oriented" development philosophy and to support employees in

achieving long-term career growth the Company formulated and implemented the Personal

Development Incentive Management Measures during the reporting period. These measures

encourage employees to independently pursue academic advancement or obtain professional

skills certifications based on their own career paths and personalized learning needs. The

Company provides corresponding rewards for such achievements thereby enhancing

employees’ personal capabilities and career prospects and injecting sustained momentum into

employees’ long-term development.During the reporting period the Company launched its first "Employee Master’s Degree

Program Advancement Initiative" to help employees achieve breakthroughs in both educational

attainment and capabilities. This initiative paves a sustainable path for their careers while

providing solid support for the Company’s medium-to-long-term talent pipeline development.New Employee Training

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v

Performance Management Compensation and Benefits Management

In 2025 the Company revised the Performance Management Measures and the Compensation Management

Communication and Grievance Management Measures establishing and implementing

a scientific and robust performance management system. This initiative aims to In 2025 the Company revised the Compensation Management Measures taking fairness and impartiality as the core

continuously enhance the work performance of the Company departments and principles based on the essence of distribution according to work to build a compensation system that is legal fair

employees; support the optimization and upgrading of departmental operational competitive and motivating and comprehensively standardize the compensation structure salary determination standards

efficiency; ensure the solid fulfillment of employee responsibilities; and fully unlock adjustment mechanisms and salary distribution processes. The Company strictly adheres to the minimum wage standards

employee potential thereby providing strong support for the Company’s high-quality in the region providing employees with compensation that meets the minimum wage requirements stipulated by law or

development. industry regulations.Performance Assessment Mechanism Benefits

The Company has established a standardized performance assessment system founded

The Company places a high priority on enhancing employee well-being. It has established two core policies the Attendance

on the core principles of fairness transparency and impartiality to evaluate employees’ and Leave Management Measures and the Employee Benefits Management Measures to build a standardized employee

work performance in a scientifically rigorous and objective manner. Concurrently the

welfare system. These policies clearly define the leave application process and salary calculation standards ensuring the full

Company has established a dedicated KSF Management Team to oversee performance

implementation of all legally mandated leave benefits. Through comprehensive welfare guarantees and humanistic care the

assessment activities across the organization. By providing target-setting tool templates

Company effectively motivates all employees and strengthens their sense of identity and belonging to the organization.the team assists departmental managers in formulating performance targets and

rigorously reviews the alignment of those targets with corporate strategy. This ensures

the scientific rigor of the performance assessment mechanism and the fairness of the Employee Benefits

evaluation process thereby enabling performance management to effectively enhance Employees are entitled to legal holidays paid annual leave marriage leave bereavement leave maternity leave and

organizational effectiveness. The Company has established the Outstanding Employee Leave Entitlements other holidays in accordance with the law.Selection and Management Measures to recognize employees who demonstrate

exceptional performance innovative contributions and proactive teamwork. This Pay the five social insurances and one housing fund in accordance with the law and provide free accommodation and

Living Security

initiative combines material rewards with commendations to acknowledge and affirm meals for on-the-job employees.outstanding employees thereby enhancing their sense of professional honor and

achievement. Provide various allowances for employees who have completed at least one year of service with the

Allowances organization such as marriage congratulatory money a funeral subsidy a travel subsidy for visiting relatives

During the reporting period the Company selected a total of 62 annual outstanding and an annual living allowance.employees and 160 quarterly outstanding employees. The selection process covered

13 Employees are granted performance-based incentives such as performance awards full-attendance bonuses and departments across the Company encompassing positions such as production Bonuses performance commissions based on their job performance evaluations and attendance records.

technical operational and functional roles.Team-building

Interaction Regularly organize team dinners and company trips and provide birthday gifts to employees

Grievance and Feedback Mechanism

The Company integrates two-way communication between employees and their

supervisors throughout the entire KSF assessment process establishing a performance Case 2024 Employee Stock Ownership Plan

feedback and grievance mechanism that is both standardized and people-oriented.Following the assessment supervisors shall provide employees with feedback on their To establish a robust mechanism for deeply integrating and sharing the interests of employees and shareholders

assessment results and the basis for their assessment through a face-to-face meeting. and to further enhance team cohesion and corporate growth momentum the Company launched an Employee

Together they should analyze shortcomings in achieving KSF and develop targeted plans Stock Ownership Plan in 2024. Under this plan 982550 shares were granted to 80 incentive recipients. These

for skill enhancement and performance improvement. If an employee has objections to shares were transferred to the dedicated securities account of the Employee Stock Ownership Plan via a non-

the assessment results they may submit a Performance Assessment Grievance Form to trading transfer on January 22 2025 at a transfer price of RMB 38.34 per share. As of the end of the reporting

their department supervisor or file a grievance through online channels such as Feishu period the Employee Stock Ownership Plan was still within its lock-up period. The number of employees

or email. incentivized by the plan accounted for 4.80% of the total number of employees of the Company.

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Labor Relations Management Employee Care and Communication

Labor Dispute Management Employee Activities

The Company has established management measures and handling The Company attaches importance to the balance between employees' work and life and encourages their participation in the diverse

procedures for labor dispute incidents in accordance with laws and recreational and cultural activities organized by the Company. Through a wide variety of team-building cultural and leisure activities the

regulations such as the Labor Law of the People's Republic of China and Company aims to help employees relieve work-related stress enhance team cohesion and unity and effectively improve their sense of

the Law of the People's Republic of China on Mediation and Arbitration happiness and belonging.of Labor Disputes. It has set up a Labor Dispute Mediation Committee

to standardize the prevention mediation and resolution processes

for labor disputes within the Company. This ensures the lawful rights

and interests of both employees and the Company maintains normal

production and operational order and fosters harmonious labor

relations.The Company actively implements preventive measures to minimize

labor disputes. This includes refining human resources systems and

policies standardizing labor contract management establishing

regular communication channels conducting periodic training for

managers on labor laws and regulations and performing compliance

reviews on major decisions affecting employee interests.In 2025 the Company did not experience any labor disputes.Termination Management 2025 All-Employee Summer Trip

The Company strictly adheres to laws regulations and relevant

institutional requirements by formulating the Termination Management

Measures. This establishes a standardized termination management

mechanism to safeguard the lawful rights and interests of separated

employees including salary settlement benefit fulfillment and

labor compensation. Through humane and compliant termination

management practices the Company maintains sound labor-capital

relations and upholds the principles of responsible employer conduct.Basketball Game

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Employee Care Democratic Governance

The Company upholds a people-oriented philosophy of responsibility providing employees with comprehensive care throughout The Company respects and safeguards employees' rights to exercise democratic

their entire career journey. management. It has established a Labor Union Committee composed of employee

representatives and an Employee Representative Congress. The Company continuously

improves the employee democratic management system led by the Labor Union

Committee of the Company and streamlines multi-dimensional communication channels.Mental Health Care Retired Employee Care It ensures timely collection processing response and reporting of employee feedback

and suggestions. The Company advocates equality in dignity and obligations across all

hierarchical levels emphasizing that every employee is responsible for autonomously

The Company prioritizes the mental The Company thanks employees for their hard work and cares participating in corporate governance. The Company respects employees’ rights to

health needs of its employees. During the for retired employees. During the reporting period the Company self-organize and form groups to collectively express advance pursue and safeguard

reporting period it further developed organized a farewell party for retired employees. their shared interests upholding their freedom of peaceful assembly and association.and implemented the Employee Mental Simultaneously it protects employees’ freedom of speech by establishing platforms for

Health Support Control Procedure to diverse viewpoints and actively encouraging employees to contribute ideas for WCON’s

attentively listen to employees' true development.inner feelings. The Company actively

safeguards employees' mental well-

being in the workplace through various During the

means including promoting mental Reporting Period

health awareness providing internal

and external mental health assistance Members of the Company's Labor Union Committee accounted for 72.80%

channels and establishing an emergency

psychological intervention mechanism. of all active employees.The Company convened 2 meetings of the Employee Representative Congress

Physical Health Care during which 2 proposals were reviewed and approved.To care for the physical and mental health of employees the Company has set up a gym equipped with

professional fitness equipment enabling staff to relax and improve their fitness after work. Employees are

encouraged to arrange their time properly and take moderate exercise so as to devote themselves to work Democratic Grievance Mechanism

and life with a healthier body and more energetic spirit and jointly create a dynamic and positive workplace

atmosphere.The Company encourages employees to report on the Company's management

drawbacks and employees' improper behaviors at work. Employees can submit written

appeals to the human resources department or lodge appeals through official accounts

emails telephone calls etc. The persons responsible for corresponding to the channels

will handle the appeals according to the process specifications and promptly respond

to the complainants' demands. For complaints that do not require investigation and

evidence collection the investigation committee needs to reply to the complainants

with the results within one working day. For complaints involving investigation and

evidence collection the investigation committee needs to reply to the complainants

with the results within seven working days after clarifying the situation. The Company

handles all reasonable demands from employees impartially and severely punishes false

accusations such as taking credit for others' achievements and retaliation.

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Employee Satisfaction Working environment and working conditions 92.97%

The Company attaches great importance to employees' demands and experiences. It has established a semi- Timeliness and accuracy of salary payment 94.03% Items

annual employee satisfaction survey mechanism using questionnaires to conduct satisfaction surveys. Through with High

surveys the Company extensively gathers employee opinions and suggestions on various aspects including the Employee

work environment behavioral etiquette timeliness of salary payments workload rest and vacation time methods Cooperation and collaboration among colleagues 92.86% Satisfaction

to enhance recognition internal promotions training daily management and cafeteria satisfaction. Based on the

survey results the Company develops targeted improvement plans to ensure that reasonable employee concerns

are addressed and implemented promptly. By continuously optimizing management practices improving working Personal protective equipment (PPE) and occupational health protection

conditions and maintaining open communication channels the Company has achieved a steady increase in products provided by the Company 92.50%

employee satisfaction.Occupational Health and Safety

Work Safety Management System

The Company deeply implements the Law of the People's Republic of China on Work Safety and other relevant laws and regulations establishing a systematic work safety management system centered on the Environmental/

Occupational Health and Safety Manual. The Company has established an EHS Committee to oversee its work safety management. The Manager of the Quality Management Department has been appointed as the safety

management representative and the General Manager has approved the occupational health and safety policy. The Company continuously strengthens safety supervision and risk control throughout the entire production process

regularly conducts training on occupational safety awareness operational procedures and emergency response skills and comprehensively safeguards the personal safety and health rights and interests of employees during work.During the reporting period the Company obtained ISO 45001:2018 Occupational Health and Safety Management System certification.

2025 Work Safety Management Objectives

Chief Commander

Work Safety Manager

Major safety incidents: 0 √ Achieved

ISO 45001:2018 Occupational ISO 45001:2018 Occupational Food poisoning incidents: 0 √ Achieved

Health and Safety IQNET Health and Safety Management

Certification System Certification

67

Security Group

Communication

Group

Evacuation Group

Medical Aid Group

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Work Safety Risk Management

Hazard Assessment Emergency Management

Relying on its EHS work safety management system the Company In accordance with the Provisions on the Supervision and Administration ofconducts routine daily inspections special investigations and Occupational Health at Workplaces and adhering to the principle of “rapidunscheduled spot checks focusing on critical areas such as production response and proper management” the Company has established the

equipment and facilities the working environment operational Emergency Rescue and Management System for Occupational Disease Hazards

procedures and fire-fighting equipment to comprehensively identify to strictly prevent the occurrence of sudden major occupational disease

potential safety risks. The Company establishes a detailed ledger for any accidents. The Company continuously refines its emergency response plans

hazards identified during inspections clearly defining the responsible clearly defines accident response procedures and handling standards and

parties for rectification the corrective actions to be taken and the ensures timely control and efficient handling after an accident occurs thereby

completion deadlines thereby ensuring that all rectification measures minimizing the impact on employees' health to the greatest extent possible.are fully implemented.During the reporting period the Company organized a total of 6 emergency

During the reporting period the rectification rate of potential hazards drills to effectively strengthen employees' safety awareness and emergency

was 100%. response capabilities. Fire Safety Drill

During the

Reporting Period

Percentage of special operators licensed: 100%

Total investment in work-related injury insurance was RMB 497900

Number of safety trainings: 103

Total duration of safety education and training: 114 hours

Daily Fire Inspection Record Form Workshop Safety Inspection Record Form

Work Safety Management Measures

The Company strictly adheres to the relevant laws regulations and internal management systems on work safety. It systematically

promotes the safety management of all departments from multiple dimensions such as accident management safety training

hazardous chemicals management and the safety of relevant parties effectively building a robust defense for work safety and fully

safeguarding the life and health rights of employees as well as the stable and orderly operation of the enterprise's production and

business activities.

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Work Safety Management Measures

The Company formulates the Control Procedure for Handling Work-related Injury Accidents to clearly define the safety management responsibilities of each department strengthen

Safety Accident

Management the awareness of safety responsibilities among all employees and standardize the management process for safety accidents. Additionally the Company provides work-related injury

insurance for all employees.Management of The Company conducts pre-job training on relevant knowledge for each employee. Employees engaged in special types of work must undergo job skill training pass the assessment

Employees Engaged in

Special Types of Work and hold valid certifications for their positions.The Company conducts safety training across multiple areas including occupational safety knowledge workplace safety protocols and safety management competency development

Safety Culture Construction to cultivate safety awareness among employees. Safety slogans are displayed throughout the factory premises to constantly remind employees to prioritize personal safety and avoid

unsafe practices.The Company's main external services are security services and staff cafeteria operations. The Company has established the Security Management Regulations and the Cafeteria

Safety Management Operating Procedures

for Related Parties which explicitly allocate safety accountability to contractors. The Company conducts contractor-associated risk assessments through systematic hazard

identification and control processes. Contractors must perform competency-based emergency response drills to enhance their emergency response capabilities.The Company has established the Hazardous Chemicals Management Regulations to define the inventory of hazardous chemicals and designated relevant responsible departments to

Management of oversee chemical storage daily supervision and usage management. All hazardous chemicals are required to have standardized Material Safety Data Sheets (MSDS) documentation.Hazardous Chemicals Employees must strictly adhere to established procedures when handling hazardous chemicals with designated supervisors monitoring operations to prevent violations. In the event of

potential hazards employees must immediately implement emergency protocols to eliminate or minimize workplace risks.Case

In July 2025 the Company conducted environmental protection and occupational health and safety training to empower employees with a

comprehensive understanding of the core principles of the Company's ESH system. The training centered on four key modules: regulatory

framework analysis risk management methodologies review of case studies of best practices and continuous improvement mechanisms

helping employees clarify compliance requirements for occupational health and safety.

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Occupational Safety Guarantee

The Company has established an occupational disease prevention and control system based on 12 key occupational health institutional documents including the Occupational Disease Prevention and Control Responsibility System

and the Occupational Health “Three Simultaneities” Management System for Construction Projects. It assigned a dedicated occupational health management team to implement these prevention and control measures aiming to

control occupational diseases at their source actively eliminate occupational hazards and safeguard the health of every employee.During the

Reporting Period

The detection rate of occupational

100% The Company engages a qualified third-party detection institution to conduct an annual occupational disease hazard factors: hazard factor detection and a triennial occupational hazard status evaluation. The scope of hazard

factor detection includes dust chemical substances physical factors radioactive factors biological

factors and others. Based on the detection results the Company implements preventive protection Occupational

The pass rate of occupational measures and standardized work practices for employees in high-risk positions. Hazard Factor Detection

disease hazard factor detection: During the reporting period the Company engaged an accredited third-party institution to detect

100% occupational hazard factors in the workplace. It implemented corrective actions to address non- compliant physical factors based on the detection results.

The coverage rate for safety risk Occupational

protection training: 100% Disease

The Company has established the Maintenance and Overhaul System for Occupational Disease Prevention

Prevention Facilities and the Management System for Occupational Disease Prevention Supplies. Occupational and Control

It proactively implements various comprehensive protective measures to mitigate occupational Hazard Measures

exposure risks including issuing certified PPE (personal protective equipment) to employees in high- Prevention

risk positions and ensuring the continuous operation of occupational disease prevention equipment Measures

and emergency equipment.The Company mandates annual occupational health surveillance for personnel exposed to workplace Occupational

hazards. During the reporting period the monitoring program covered a total of 333 at-risk workers Health

through required assessments and identified zero new occupational disease cases. Surveillance

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Community Public

Welfare

Case Voluntary Blood Donation Charity Campaign Case Participation in Community Epidemic Prevention

The Company has established a

comprehensive social responsibility On May 7 2025 the Company in collaboration From August to October 2025 in response to the local

vision centered on spearheading with the Health Office of Daning Community Chikungunya fever epidemic prevention and control

connector technology innovation Humen Town Dongguan City organized a situation Daning Community in Humen Town Dongguanfueling regional economic growth and public welfare event titled “Blood Donation City established a specialized community mosquitobroadly enhancing societal well-being. Dedication of Love”. More than 30 individuals eradication team. The Company actively responded to

It actively engages in social services and participated in on-site blood tests with 26 the community's epidemic prevention call by organizing

charitable activities striving to fulfill its people ultimately successfully donating blood. employee volunteers to join the team and deeply

responsibilities as a corporate citizen The donated blood was used for clinical participate in the epidemic prevention and control efforts.while pursuing economic benefits. By medical treatment making a solid contribution They conducted comprehensive mosquito eradication

giving back to society through concrete to ensuring the public health blood supply operations in public areas of the community cutting off

actions the Company demonstrates its and saving lives thereby supporting the the transmission routes of the epidemic at the source.commitment to corporate responsibility. development of public health through Through concrete actions the Company contributed to

The Company upholds the core corporate efforts. ensuring the health and safety of residents and building

philosophy of innovation and social a harmonious and stable community environment.During the reporting period the Companycontribution by actively participating was honored with the title of “2024 Advancedin public welfare initiatives Organization for Blood Donation” by the

including poverty alleviation and the Voluntary Blood Donation Working Committee

improvement of medical and health of Humen Town Dongguan City.services. Closely aligning its core

capabilities with societal needs the

Company is dedicated to creating

broader and more substantial

comprehensive value for all sectors Case Donations for Hong Kong 11.26 Fire Victims

of society. By enhancing overall social

well-being it aims to achieve the long-

term goal of shared prosperity between In response to the spirit of unity embodied in

the enterprise and the society. In 2025 Guangdong-Hong Kong-Macao Greater Baythe Company's total social contribution Area—“when disaster struck help came from allinvestment amounted to RMB 308000. sides”—the Company donated RMB 300000 to

support the victims affected by the “11.26” fire at

Wang Fuk Court in Tai Po Hong Kong. The funds

were specifically allocated for emergency rescue

temporary shelter medical assistance and post-

disaster reconstruction efforts. This contribution

aimed to help the affected residents overcome

their difficulties rebuild their homes and jointly

foster a harmonious society.

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Responding to “the Belt and Road Initiative” Case Invest in and Construct a Production Base in Thailand

The Company has invested in the construction of an overseas production base at

In active response to “the Belt and Road Initiative” the Company deeply recognizes both the responsibilities and opportunities the Rojana Industrial Park in Prachin Buri Province Thailand. Through technology

it presents. Taking this as an opportunity the Company fully leverages its strengths in connector manufacturing and transfer and localized operations it has optimized its overseas supply chain

technological research and development to deepen cooperation with countries and regions along the Belt and Road providing layout achieving a precise alignment between Chinese connector manufacturing

global customers with more reliable and efficient connection support. technology and the demands of the Southeast Asian market. At the level of policy

coordination Thailand's Eastern Economic Corridor (EEC) initiative is highly aligned

with “the Belt and Road Initiative”. Combined with ASEAN's tax incentives and

business-friendly environment this provides a solid foundation for enterprises to

reduce cross-border operational costs and expand into the Southeast Asian and

global markets.WCON ELECTRONICS (THAILAND) CO. LTD.Address of the factory in Thailand:

334 Moo 12 Hua Wawa Subdistrict Sri Maha Pho District PrachinburiProvinc

e25140Thailand

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the Report Governance Sustainable Development Low-carbon Future Creating Shared Value Enriching the Society

Annexes Dimension Guidelines Topics Corresponding Clauses Corresponding Chapters in the Report

Indexes Rural Revitalization Article 39 Community Public Welfare

Contribution to

Society Article 40 Community Public Welfare

Index to the Shenzhen Stock Exchange Self-Regulatory Guidelines No. 17 for Companies Listed on

Shenzhen Stock Exchange - Sustainability Report (For Trial Implementation)

Innovation-Driven

Growth Article 42 Innovation-Driven Growth

Dimension Guidelines Topics Corresponding Clauses Corresponding Chapters in the Report Technology Ethics Article 43 Not Applicable

Response to Climate

Change Articles 21 to 28 Response to Climate Change

Social Supply Chain Security Article 45 Responsible Supply Chain

Pollutant Emissions Article 30 Environmental Compliance Management Equal Treatment of

Small and Medium- Article 46 Not Applicable

sized Enterprises

Waste Disposal Article 31 Environmental Compliance Management

Product and Service Article 47 Product and Service Safety and

Ecosystem and Safety and Quality Quality

Biodiversity Article 32 Not Applicable

Conservation

Environmental Data Security and

Customer Privacy Article 48 Data Security and Privacy Environmental

Compliance Article 33 Environmental Compliance Protection

Protection

Management Management

Employees Article 50 Safeguarding Employees' RightsOccupational Health and Safety

Energy Utilization Article 35 Resource Utilization

Safeguarding Employees' Rights

Product and Service Safety and

Water Resource Due Diligence Article 52

Utilization Article 36 Resource Utilization

Quality

Corporate Responsible Supply Chain

Governance

Communications Communications with

Circular Economy Article 37 Resource Utilization with Stakeholder Article 53 Stakeholders

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the Report Governance Sustainable Development Low-carbon Future Creating Shared Value Enriching the Society

Corresponding Chapters Index to the Global Reporting Initiative Sustainability Reporting Standards (GRI Standards)Dimension Guidelines Topics Corresponding Clauses in the Report

Anti-commercial

Bribery and Anti- Article 55 Compliant Operations and

GRI Standard Disclosure Item Location

corruption Business Ethics

Corporate Part I: General Disclosures

Governance

Anti-unfair Article 56 Compliant Operations and Competition Business Ethics 2-1 Organizational Details Company Profile

Protection of Investor Relations Management 2-2 Entities Included in the

Shareholders' Rights \ and Protection of Shareholders' Organization’s Sustainability About the Report

and Interests Rights and Interests Reporting

2-3 Reporting Period Frequency About the Report

Corporate Governance and Contact Point

Compliance \ Corporate Governance

2-6 Activities Value Chain and

Topics Other Business Relationships Product Roadmap

Disclosed

Independently Compliance and Risk Risk Management

by the Control \ Compliant Operations and Safeguarding Employees'

Company Business Ethics 2-7 Employees Rights

GRI 2: General 2-8 Workers Who Are Not Annexes - Key

Sustainable Development Disclosures 2021 Employees Performance Form - ESG Governance \ Governance Social Performance

2-9 Governance Structure and

Composition Corporate Governance

Conflict Minerals \ Responsible Supply Chain

2-10 Nomination and Selection of

the Highest Governance Body Corporate Governance

2-11 Chair of the Highest

Governance Body Corporate Governance

2-12 Role of the Highest

Governance Body in Overseeing Corporate Governance

the Management of Impacts

2-13 Delegation of Responsibility

for Managing Impacts Corporate Governance

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GRI Standard Disclosure Item Location GRI Standard Disclosure Item Location

2-14 Role of the Highest Sustainable Development

Governance Body in Sustainability Governance Structure 2-27 Compliance with Laws and Disclosed in various

Reporting Corporate Governance Regulations chapters

2-16 Communication of Critical Communications with GRI 2: General

Concerns Stakeholders Disclosures 2021 2-28 Membership Associations Innovation-Driven Growth

2-17 Collective Knowledge of the Sustainable Development 2-29 Approach to Stakeholder Communications with

Highest Governance Body Governance Structure Engagement Stakeholders

2-18 Evaluation of the Part II: Material Topics

Performance of the Highest Sustainable Development

Governance Body Governance Structure

3-1 Process to Determine Management of

Material Topics Material Topics

2-19 Remuneration Policies Safeguarding Employees' Rights

GRI 3: Material

Topics 2021 3-2 List of Material Topics

Management of

2-20 Process to Determine Material Topics

Remuneration Corporate Governance

GRI 2: General

Disclosures 2021 3-3 Management of Management of

2-21 Annual Total Compensation Annexes - Key Material Topics Material Topics

Ratio Performance Form - Social Performance

Economic Performance

2-22 Statement on Sustainable Sustainable Development

Development Strategy Goals and Vision 201-1 Direct Economic Value Annexes - Key

Generated and Distributed Performance Form - Economic Performance

2-23 Policy Commitments Safeguarding Employees' Rights GRI 201: Economic 201-2 Financial Implications and Response to Climate

Performance 2016 Other Risks and Opportunities due to Climate Change Change

2-24 Embedding Policy Compliant Operations and

Commitments Business Ethics 201-3 Defined Benefit Plan

Obligations and Other Safeguarding Employees'

Retirement Plans Rights

2-25 Processes to Remediate Compliant Operations and

Negative Impacts Business Ethics Procurement Practices

2-26 Mechanisms for Seeking Compliant Operations and GRI 204: Procurement 204-1 Proportion of Procurement

Annexes - Key

Performance Form -

Advice and Raising Concerns Business Ethics Practices 2016 Expenditures From Local Suppliers Social Performance

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GRI Standard Disclosure Item Location G指RI 引Sta议nd题ard D对iscl应osu条re 款Item 对应的Lo本ca报tion告章节

Anti-corruption 305-2 Energy Indirect (Scope 2) Annexes - Key Performance

GHG Emissions Form - Environmental Performance

GRI 305: Emissions 2016

205-1 Operations Assessed for Compliant Operations and

Risks Related to Corruption Business Ethics 305-5 Reduction of GHG

Emissions Resource Utilization

GRI 205: Anti-corruption 205-2 Communication and Compliant Operations and Effluents and Waste

2016 Training about Anti-corruption Business EthicsPolicies and Procedures Responsible Supply Chain

GRI 306: Effluents and 306-3 Significant Spills Environmental Compliance Waste 2016 Management

205-3 Confirmed Incidents of Compliant Operations and

Corruption and Actions Taken Business Ethics

Waste

Anti-competitive Behavior

306-1 Waste Generation and Environmental Compliance

206-1 Legal Actions for Anti- Significant Waste-related Impacts ManagementGRI 206: Anti-competitive Compliant Operations and

Behavior 2016 competitive Behavior Anti-trust and Monopoly Practices Business Ethics

306-2 Management of Significant Environmental Compliance

Waste-related Impacts Management

Energy

GRI 306: Waste 2020 Annexes - Key Performance

302-1 Energy Consumption Annexes - Key Performance 306-3 Waste Generated Form - Environmental

Within the Organization Form - Environmental Performance Performance

GRI 302: Energy 2016 Environmental Compliance

302-4 Reduction of Energy Management

Consumption Resource Utilization 306-5 Waste Directed to Disposal Annexes - Key Performance

Form - Environmental

Performance

Water and Effluents

Supplier Environmental Assessment

303-2 Management of Water GRI 308: Supplier 308-1 New Suppliers that were

Discharge-related Impacts Resource Utilization Environmental Assessment Screened Using Environmental Responsible Supply Chain

GRI 303: Water and 2016 Criteria

Effluents 2018 Annexes - Key Performance

303-3 Water Withdrawal Form - Environmental Employment

Performance

401-1 New Employee Hires and Annexes - Key Performance

Emissions Employee Turnover Form - Social Performance

GRI 401: Employment 2016 401-2 Benefits Provided to Full-

Annexes - Key Performance time Employees that are not Safeguarding Employees'

GRI 305: Emissions 2016 305-1 Direct (Scope 1) GHG Emissions Form - Environmental Provided to Temporary or Part- RightsPerformance time Employees

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GRI Standard Disclosure Item Location GRI Standard Disclosure Item Location

Safeguarding Employees' Rights Training and Education

GRI 401: Employment 2016 401-3 Parental Leave Annexes - Key Performance Form

- Social Performance 404-1 Average Hours of Training Annexes - Key Performance

per Year per Employee Form - Social Performance

GRI 404: Training and

Occupational Health and Safety Education 2016 404-2 Programs for Upgrading

Employee Skills and Transition Safeguarding Employees'

403-1 Occupational Health and Occupational Health and Safety Assistance Programs

Rights

Safety Management System

Diversity and Equal Opportunity

403-2 Hazard Identification

Risk Assessment and Incident Occupational Health and Safety Safeguarding Employees'

Investigation GRI 405: Diversity and 405-1 Diversity of Governance Rights

Equal Opportunity 2016 Bodies and Employees Annexes - Key Performance

403-4 Worker Participation Form - Social Performance

Consultation and Communication

on Occupational Health and Occupational Health and Safety

Safety Child Labor

408-1 Operations and Suppliers Safeguarding Employees'

403-5 Worker Training on Occupational Health and Safety GRI 408: Child Labor 2016 at Significant Risk for Incidents of RightsOccupational Health and Safety Child Labor Responsible Supply Chain

Forced or Compulsory Labor

403-6 Promotion of Worker

Health Occupational Health and SafetyGRI 403: Occupational

Health and Safety 2018 GRI 409: Forced or 409-1 Operations and Suppliers Safeguarding Employees'

403-7 Prevention and Mitigation Compulsory Labor 2016 at Significant Risk for Incidents of Rights

of Occupational Health and Forced or Compulsory Labor Responsible Supply Chain

Safety Impacts Directly Linked by Occupational Health and Safety

Business Relationships

Local Communities

403-8 Workers Covered by An 413-1 Operations with Local

Occupational Health and Safety Occupational Health and Safety GRI 413: Local Community Engagement Impact

Management System Communities 2016 Assessments and Development Community Public Welfare

Programs

Occupational Health and Safety Supplier Social Assessment

403-9 Work-related Injuries Annexes - Key Performance Form

- Social Performance

414-1 New Suppliers that were

Screened Using Social Criteria Responsible Supply Chain

Occupational Health and Safety GRI 414: Supplier Social

403-10 Work-related Ill Health Annexes - Key Performance Form Assessment 2016 414-2 Negative Social Impacts

- Social Performance in the Supply Chain and Actions Responsible Supply Chain

Taken

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GRI Standard Disclosure Item Location Key Performance Indicators (KPIs) Form

Customer Health and Safety

416-2 Incidents of Non- Economic Performance

GRI 416: Customer Health compliance Concerning the Health Product and Service Safety and

and Safety 2016 and Safety Impacts of Products Quality

and Services Metrics Unit 2023 2024 2025

Marketing and Labeling

Total Operating Income RMB 10000 48663.40 55417.23 71292.04

417-1 Requirements for Product

and Service Information and Product and Service Safety and Quality Net Profit Attributable to Labeling Shareholders of the Parent RMB 10000 13035.46 8546.64 9882.92

Company

417-2 Incidents of Non-

GRI 417: Marketing and compliance Concerning Product Product and Service Safety and

Labeling 2016 and Service Information and Quality Total Taxes RMB 10000 2677.69 2688.32 3743.54

Labeling

417-3 Incidents of Non- Governance Performance

compliance Concerning Marketing Compliant Operations and

Communications Business Ethics

Metrics Unit 2023 2024 2025

Customer Privacy

Remuneration for directors

1 RMB 10000 420.58 395.50 329.81418-1 Substantiated Complaints supervisors and senior executives

GRI 418: Customer Privacy Concerning Breaches of Customer Data Security and Privacy

2016 Privacy and Losses of Customer Protection The amount involved in litigation

Data or significant administrative

penalties caused by the Company's RMB 10000 0 0 0

unfair competition behavior during

the Reporting Period

Signing rate of integrity and

other related business ethics % 100 100 100

agreements

Total duration of anti-

commercial bribery and anti-

Hour - 6 6

corruption training provided to

board members

Total duration of anti-commercial

bribery and anti-corruption training Hour - 80 98

provided to the management

Total duration of anti-commercial

bribery and anti-corruption Hour - 238 356

training provided to employees

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Metrics Unit 2023 2024 2025 Metrics Unit 2023 2024 2025

Total duration of anti-monopoly

Hour - - 73.50 Number of environmental training

and fair competition training Times 14 14 44sessions

Number of performance briefings

Times 2 2 2

held Number of participants in Person-

4055251312

environmental training times

Number of company open days

Times 2 1 4

held 2

Total hours of environmental

Hour 458 689.50 1327.50

training

Number of investors interations

Times 68 105 303

at irm.cninfo.com.cn

Gasoline Ton 4.54 4.36 4.11

Reply rate on irm.cninfo.com.cn % 98.53 100 100

Number of periodic reports

Copy 6 6 6 Total purchased electricity kWh 6993354 8069948 9526065

disclosed externally

Number of interim announcements

Copy 61 54 53

disclosed externally Total GHG emissions 1 tCO2e 3373.18 4336.63 5140.68

Note 1: In 2025 the Company abolished the board of supervisors and supervisor positions due to organizational

restructuring. Therefore supervisors are not included in the scope of this year’s remuneration statistics. Direct GHG emissions (scope 1) 1 tCO2e 75.81 73.93 86.15

Note 2: Including collective investor engagement day initiatives and corporate visitation programs

Environmental Performance Indirect GHG emissions (scope 2) 1 tCO2e 3297.37 4262.71 5054.53

Metrics Unit 2023 2024 2025

Office paper expenses RMB - - 50400

RMB

Total environmental investment 15.00 240.20 39.20

10000

Total water consumption Ton 51394 50682 59270

Compliance rate observed in

%100100100

pollutant monitoring

Synchronized operation rate of Wastewater discharges Ton 63508.30 76748.79 76808.40

%100100100

environmental facilitiesThe compliance rate of “threesimultaneities” in environmental Quantity of general waste

% 100 100 100 Ton 3 3 5

protection for construction generated

projects

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Metrics Unit 2023 2024 2025 Social Performance

Recycling rate of general waste % 50 50 50 Labor Relations Management

Quantity of general waste

Ton 3 3 5 Metrics Unit 2023 2024 2025

disposed of

Quantity of hazardous waste Percentage of contract workers % 100 100 100

Ton 2 2 2

generated

Number of dispatched workers Person 0 0 0

Quantity of hazardous waste

Ton 2 2 2

disposed of

Number of part-time employees Person 0 0 0

Waste disposal compliance rate % 100 100 100

Total number of employees Person 1382 1459 1668

Waste engine oil Ton 0.60 0.60 0.60

Including: By job level

Waste oil drums Ton 0.20 0.20 0.20 Senior management 1 Person 17 17 17

Domestic waste garbage Ton 481.80 481.80 481.80 Middle management 2 Person 68 78 80

Non-managerial Staff Person 1297 1364 1571

Note 1: Scope 1 GHG emissions are calculated based on default values of common fossil fuel characteristic parameters

issued by the National Development and Reform Commission of the People's Republic of China; Scope 2 GHG emissions

are calculated based on average carbon dioxide emission factors for China's regional power grids issued by the National Including: By gender

Development and Reform Commission of the People's Republic of China.Female Person 664 698 846

Male Person 718 761 822

Including: By age

Under 30 (exclusive) years old Person 342 616 540

30 (inclusive) to 40 (exclusive)

Person 702 542 706

years old

40 years old or above Person 338 301 422

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Metrics Unit 2023 2024 2025 Metrics Unit 2023 2024 2025

Including: By academic qualification Including: By recruitment channel

Master’s degree or above Person 9 12 15 Social recruitment Person 957 982 861

Bachelor’s degree Person 80 122 160 On-campus recruitment Person 19 21 39

The proportion of female

College degree Person 227 260 305 % 14.12 14.74 18

managers

Number of employees on

Below college degree Person 1066 1065 1188 Person 7 4 3

maternity leave

Number of employees who took

Including: By profession Person 3 6 1

parental leave

Production Person 975 1028 1273 Social insurance coverage rate % 97 97 97

Number of projects reviewed

Sales Person 64 78 84 and approved by the Employee Item 1 1 2

Congress

Proportion of labor union

Technology Person 279 211 202 % 30 71.10 72.80members to in-service employees

Finance Person 17 16 17 Number of labor dispute cases Item 0 0 0

Administration Person 47 126 92 Employee Satisfaction % 80.15 85.30 91.16

Number of employees with

Person 2 2 2 Employee turnover rate % 36.62 36.69 26.89

disabilities

Number of employees of minority

Person 149 154 170 Including: By gender

nationalities

Number of employees of minority

Person 3 4 4 Female % 57.89 52.11 47.75

nationalities in the management 3

Number of new employees Person 976 1003 900 Male % 42.11 47.89 52.25

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Metrics Unit 2023 2024 2025 Metrics Unit 2023 2024 2025

Total number of persons trained Person 1382 1459 1668

Including: By age

Person-

Total number of persons trained 9984 10744 14392

timesUnder 30 (exclusive) years old） % 45.61 45.37 48.33

Employee training coverage % 100 100 100

30 (inclusive) to 40 (exclusive)

% 45.49 47.09 42.38 Total hours of employee training Hour 11669.50 14129 16200

years old

Average training hours per

Hour 11.67 13.59 14.59

employee per year

40 (inclusive) to 50 (exclusive)

%8.276.638.85

years old

Number of employees having

successfully transitioned or Person 172 175 139

applied internally

50 years old or above % 0.63 0.91 0.44 Proportion of internal transfers or

%17.2016.8312.52

applications by employees

Note 1: Director level

Note 2: Section Chief + Manager level Occupational Health and Safety

Note 3: Deputy Section Chief level and above

Metrics Unit 2023 2024 2025

Employee Development and Training

Number of safety production

Case 0 0 0

accidents

Metrics Unit 2023 2024 2025

Number of work-related deaths Person 0 0 0

RMB Total number of work-related

Investment in employee training - 16.34 9.63 Person 0 0 0

10000 injuries

Hidden danger investigation and

%100100100

rectification rate

Number of employee training

Session 256 400 491

sessions Number of safety contingency

Times 2 2 6

drills

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Innovation-Driven Growth

Metrics Unit 2023 2024 2025

Safety education and training

Times 36 38 103 Metrics Unit 2023 2024 2025

sessions

Number of participants in safety Person- R&D Investment RMB 72336311.24 64355742.49 64893382.43

320033005944

education and training sessions times

R&D investment as a

Total hours of safety education percentage of primary % 14.86 12.05 8.96

Hour 47 41.50 114

and training business revenue

Coverage rate of safety education Total R&D team members Person 267 210 189

%100100100

and training

Proportion of R&D

Coverage rate of safety risk % 19.32 13.60 11.33

% 100 100 100 personnel

protection training

Percentage of special operators Including: By age

%100100100

licensed

Under 30 (exclusive) years

Investment in work-related injury RMB Person 81 62 59

26.60 47.59 49.79 old

insurance 10000

30 (inclusive) to 40

Coverage rate of work-related Person 131 107 76

% 100 100 100 (exclusive) years old

injury insurance for employees

Above 40 years old

Coverage rate of physical Person 55 41 54

% 100 100 100 (inclusive)

examinations for employees

The detection rate of occupational Including: By academic qualification

%100100100

disease hazard factors

The pass rate of occupational Bachelor’s degree or below Person 232 176 147

%100100100

disease hazard factor detection

Bachelor’s degree Person 31 32 38

Master's degree Person 4 2 4

Total number of authorized

Item 167 201 245

patents

Cumulative number of

authorized invention Item 11 21 31

patents

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Protection of Customers’ Rights and Interests

Metrics Unit 2023 2024 2025

Cumulative number of authorized

Item 153 169 203 Metrics Unit 2023 2024 2025

utility model patents

Customer complaint

Cumulative number of granted % 100 100 100

Item 3 11 11 resolution rate

design patents

Number of participants

Number of valid patents per in special training on Person-

Item 0.34 0.38 0.34 230 192 130

million yuan in revenue responding to customer times

complaints

Total hours of special

training on customer Hour 230 192 151.50

Product and Service Safety and Quality complaint response

Number of sessions

of special training on

Metrics Unit 2023 2024 2025 Times 3 3 5customer complaint

response

Number of risk assessments

Times 1 1 1

conducted Total sessions of

responsible marketing Times 32 38 59

training

Product percent of pass % 99.52 99.66 99.76

Number of customer

information leakage Case 0 0 0

incidents

Times of annual quality internal

Times 1 1 1

audits

Number of times third-party

agencies were engaged for Times 1 1 1

sampling

Number of products that are

required to be withdrawn and

Case 0 0 0

recalled for health and safety

reasons

Amount involved in accidents

with significant safety or quality RMB

000

responsibilities related to 10000

products or services

Number of participants in quality Person-

105119153

training times

Total hours of quality training Hour 2520 2737 1738

Number of quality training

Times 24 23 24

sessions

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Supply Chain Security and Sustainability Data Security and Privacy Protection

Metrics Unit 2023 2024 2025 Metrics Unit 2023 2024 2025

Number of training

Number of suppliers Units 41 41 42 Times 12 12 12sessions carried out

Proportion of procurement Number of participants in Person - - 256

expenditures from local % 45.00 48.77 50.00 practice and training

suppliers

Coverage rate of

Number of suppliers employees engaged in % - - 100

certified under quality Units 39 39 40 practice and training

management systems

Total investment in data RMB

Number of suppliers 2.40 9.70 69.80security 10000

certified under

Units 15 15 17

environmental

management systems Number of incidents of

Number of suppliers information security and Times 0 0 0

certified under privacy protection violations

occupational health and Units 2 2 2

safety management

systems

Number of suppliers

suspended due to non- Units 0 0 0

compliance

Number of prospective

suppliers rejected due to Units 0 0 0

non-compliance

Percentage of suppliers

that have signed the % 100 100 100

Integrity Agreement

The number of incidents

with significant risks and

Case 0 0 0

impacts on the supply

chain

Note: The number of suppliers is counted based on the list of qualified suppliers. Local suppliers refer to enterprises

registered within Guangdong Province.

85Preface to About WCON Sustainable Development Sound Governance Green Operations for a Driving Innovation Uniting the Employees 2025 Environmental Social and Governance Report Sustainable Development Annexesthe Report Governance Low-carbon Future Creating Shared Value Enriching the Society

Feedback

Dear readers

Thank you for reading the Report. We greatly value and eagerly anticipate your opinions on the Report. Your opinions and suggestions are an important driving force for us to continuously improve the quality of ESG information

disclosure and deepen ESG management and practice. We sincerely welcome and greatly appreciate your participation and support!

1. Your overall assessment of our ESG management and practice: 8. How do you think we have performed in terms of safeguarding employees' rights and

managing occupational health

□ Excellent □ Good □ Average □ Below Average □ Poor

□ Excellent □ Good □ Average □ Below Average □ Poor

2. Your overall assessment of the Report:

9. What are your opinions and suggestions on our implementation of ESG and the Report

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3. How do you think we have performed in terms of communications with stakeholders

□ Excellent □ Good □ Average □ Below Average □ Poor You may contact us through the following methods:

Tel.: 0769-85358915

4. How do you think we have performed in terms of corporate governance Email: cwdg@wcon.com

Company address: WCON Securities Department No. 15 Wenming Road Daning

□ Excellent □ Good □ Average □ Below Average □ Poor Community Humen Town Dongguan City Guangdong Province

5. How do you think we have performed in terms of environmental protection resource

management and response to climate change

□ Excellent □ Good □ Average □ Below Average □ Poor

6. How do you think we have performed in terms of product quality management

□ Excellent □ Good □ Average □ Below Average □ Poor

7. How do you think we have performed in terms of supply chain security management

□ Excellent □ Good □ Average □ Below Average □ Poor

86Preface to About WCON Sustainable Development Sound Governance Green Operations for a Driving Innovation Uniting the Employees 2025 Environmental Social and Governance Report

the Report Governance Sustainable Development

Annexes

Low-carbon Future Creating Shared Value Enriching the Society

87