yy易游体育 May 2022, the State-owned Assets Supervision and Administration Commission of the State Council (SASAC) issued the "Work Plan for Improving the Quality of Listed Companies Controlled by Central Enterprises", which proposes that central enterprise group companies should coordinate efforts to promote the complete, accurate, and comprehensive implementation of the new development concept by listed companies, further improve the ESG (Environment, Social, and Governance) work mechanism, enhance ESG performance, and demonstrate leadership and exemplary role yy易游体育 the capital market.
On April 27, China Haisum released its first ESG report. yy易游体育 both domestic and global capital markets, the ESG concept is increasingly becoming an important consensus and attracting greater attention from investors. China Haisum proactively adapts to the trend of ESG development and actively practices the ESG concept. It has embraced the corporate mission of "contributing to a better life through intelligent engineering" and the core values of "responsibility, innovation, green, professionalism, and inclusiveness." By adhering to high standards of social responsibility, China Haisum has achieved significant results.
E - Environment
Advancing Digital Transformation for Sustainable yy易游体育
yy易游体育 response to the development needs of industrial digitization and low-carbon transformation, the company focuses on its core business and refines new technologies, new processes, and new demonstration projects. It continuously achieves new breakthroughs yy易游体育 the application of integrated "digital and smart" technologies and environmental protection technologies yy易游体育 the industry, enhancing the company's service competitiveness.
Empowering the Smart Project
The yy易游体育 regards digital transformation as a key task during the 14th Five-Year Plan period. By advancing digital construction, it aims to enhance the digital level of production methods and explore new digital business and commercial models, creating new sources of profit growth for the yy易游体育.
The company emphasizes the top-level design and execution planning of scientific research and development, and has released the "14th Five-Year Plan for Digital Transformation". It has established an Engineering Information Modeling (EIM) Digital Innovation Center, which combines the characteristics of the business and focuses on the construction of digital capabilities yy易游体育 industrial engineering, based on Building Information Modeling (BIM).
Green and Sustainable yy易游体育
The yy易游体育 is committed to promoting industrial green and low-carbon transformation. It aims to create a flexible and agile application platform, as well as a digital and intelligent carbon management system. By combining low-carbon processes and digital platforms, it provides customers with comprehensive, end-to-end, and lifecycle engineering consulting service solutions.
The company has been dedicated to researching and implementing environmental protection technologies. It actively explores new technologies and methods yy易游体育 the field of environmental protection. With abundant technical reserves and practical experience, it holds multiple environmental protection technology patents. These technologies have been successfully applied yy易游体育 numerous domestic and international projects, achieving significant environmental and social benefits. The establishment of the Dual Carbon Innovation Center focuses on the comprehensive and systematic research of dual carbon-related technologies. It aims to improve the innovation and service capabilities of the light industry and construction-related industries yy易游体育 dual carbon technology. Moreover, it has established a leading platform for digital ecological services yy易游体育 the domestic light industry, opening up new growth opportunities.
S - Society
Constructing Quality Projects and Enabling Win-Win yy易游体育
The yy易游体育 prioritizes technology research and development, constantly innovating to improve the level and quality of engineering design. it strictly adheres to the ISO9001 Quality Management Standard and ISO45001 Occupational Health and Safety Management Standard. It has established a quality assurance system to strengthen control and supervision over project processes, ensure compliance with legal and regulatory requirements, meet customer needs and expectations, enhance market competitiveness and reputation, and achieve sustainable development.
The company actively participates yy易游体育 rural revitalization and donates to provide assistance, contributing to society through practical actions. It has established a systematic system and processes through supplier management and risk management. By creating a fair and competitive environment, it promotes a win-win relationship with suppliers.
Strengthening R&D and Innovation
Innovation is the fundamental driving force for the company's sustainable development. The company focuses on supporting major technological innovations, the development of key industry applications, and the promotion of industrialization. It engages yy易游体育 activities related to technology innovation and knowledge accumulation, establishes standardized intellectual property management, enhances awareness of intellectual property protection, and promotes R&D innovation and the creation of independent intellectual property rights.
yy易游体育 2022, the company's R&D investment was RMB 207.2061 million, a year-on-year increase of 14.99%. R&D investment accounted for 3.62% of the operating income, an increase of 0.2%. Guided by the Poly Group's "Hundred-Thousand-Ten Thousand-Hundred Million" action roadmap and the "Scientific and Technological Reform Demonstration Action" goals, the company has engaged yy易游体育 industry-academia research collaborations with South China University of Technology and Xi'an Jiaotong University. It has continued to advance the formulation of 12 national mandatory standards for light industry engineering projects and 3 industry standards, and has released 8 standards. The company as well as subsidiaries at various levels have submitted 7 entries for the "2022 China Light Industry Federation Science and Technology Award", and have cumulatively received 143 awards yy易游体育 various science and technology and engineering categories. It has applied for 83 patents (including 21 invention patents) and 28 software copyrights. It has been granted 55 patents (including 7 invention patents) and 9 software copyrights. Technical level evaluations have been completed for 21 scientific and technological achievements.
Performing Social Responsibilities
The company is involved yy易游体育 activities such as investing yy易游体育 the construction of agricultural production bases and supporting rural industrial development. These initiatives aim to help local farmers increase their income, improve their living conditions, and promote rural economic development. The company also participates yy易游体育 community construction, charitable donations, poverty alleviation, and educational assistance activities. These efforts provide assistance to community residents, improve community environment and living conditions, and promote the sustainable development of communities.
Every year, the company holds special meetings to study and deploy paired assistance work. It ensures the organization, measures and funding for the assistance work, providing guarantees for its solid advancement. The company has selected and dispatched several outstanding cadres from the headquarter and its subsidiary companies yy易游体育 CEC, CLWD, Nanning Branch, and Beijing Branch to serve as resident officials yy易游体育 the paired assistance. yy易游体育 2022, the company has cumulatively donated RMB 264,100 for various causes including the "Beautiful Countryside" construction assistance yy易游体育 Tingxi Village, Shanghai, assisting impoverished university students yy易游体育 Meichao Village, Hubei, providing assistance to disadvantaged groups yy易游体育 Fuxing Road community, as well as poverty alleviation projects yy易游体育 Guihua Village yy易游体育 Hubei, and Huanlou Village yy易游体育 Guangxi. The company has established a long-term poverty alleviation mechanism and invested special funds to purchase local agricultural products, establish orchard farms for hard tomatoes, and carry out infrastructure renovations. By focusing on industrial assistance, the company strives to enhance the local development's "hemopoietic function" and endogenous driving force.
G - Governance
Upholding Responsible Management and Creating a Vibrant Workplace
Bearing yy易游体育 mind the mission of a central enterprise, the company always reflects on value creation, never forgets its social responsibilities, and is striving to foster a customer-oriented, employee-focused, and shareholder-value mindset. It is committed to becoming a "leading domestic and internationally renowned" technology-driven engineering company. The company emphasizes talent development and recruitment, establishing a growth system that links employee performance, job promotion, and professional title evaluation. It actively attracts talents related to its business and ensures that talents meet the various business needs.
Improving Governance Effectiveness with Party Building as the Guide
The yy易游体育's CPC committee takes the spirit of the 20th National Congress of the CPC as its action guide and uses "Party building promotion project" as the carrier. It focuses on the theme of high-quality party building to support high-quality development and systematically promotes the work of the "Party building promotion year", providing a strong guarantee for the yy易游体育's high-quality development.
The company adheres to the principle of "two consistencies" and continuously improves the system of modern enterprises with Chinese characteristics. The company's CPC committee, Shareholders' Meeting, Board of Directors, Supervisory Board, and management team fulfill their respective responsibilities and operate yy易游体育 a standardized manner yy易游体育 accordance with their rules and regulations. The company attaches importance to establishing a candid and trusting relationship with investors. By effectively communicating with investors and conveying the company's values, the "value creation" of the company is reflected yy易游体育 the capital market, realizing the discovery of the company's market value.
Gathering Talents to Solidify the Foundation for High-quality yy易游体育
The career development of employees is closely related to the development of the company. yy易游体育 order to achieve a win-win situation for both enterprise development and employee growth, the company has established a relatively sound system. It acquires internal talents through internal training, selection, and competition, while also recruiting external talents through social and campus recruitment.
To further deepen and consolidate the quality of tenure and contract-based management, the yy易游体育 and its subsidiaries have scientifically formulated a method for secondary distribution of total wages. By clearly defining contract requirements, rigid assessments, and meeting obligations, it strengthens the equality of responsibilities, rights, and obligations of the management team members, allowing for income adjustments and position changes. Effective communication platforms have been established, and regular employee representative conferences are held to provide updates on yy易游体育 operations and discuss issues of employee concern, thus enhancing the communication between the yy易游体育's management team and employees.