时代电气:2023

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2023
SOCIALRESPONSIBILITYANDENVIRONMENTAL
SOCIALANDGOVERNANCE(ESG)REPORTOF
ZHUZHOUCRRCTIMESELECTRICCO.,LTD.
CONTENTSCONTENTS
0102
PrefaceTimesElectricESGGovernanceStriveforLeadershipandConstruct
ReportIntroduction031.1BoardESGStaterment--23GovernanceCornerstone
GeneralManagerAddress061.2StakeholderCommunications252.1StableOperationManagement29
AboutTimesElectric071.3ESGIssueIdentification262.2SubstantiateComplianceManagement34
Company2023PerformanceHighlights13
2.3lnformationSecurityManagement39
Responsibilitytopic:GreenElectric,
DrivingTowardSustainabilityTogether172.4CapacityBuildingtoEmpowerFurtherDevelopment40
RespondtotheUNSustainable
DevelopmentGoals(SDGs)19
0304
Innovation-DriventoBuild
ExcellentBrandGreenDevelopmentandBuild
aLow-CarbonFutureTogether
Topic:ProductlnnovationR&D43
4.1SustainableBusinessProducts61
3.1CreateReliableAssurance49
4.2MeliorateErvironmental
3.2R&DDrivesTransformation56ProtectionGovermance63
3.3PromoteDigitization574.3ConstantGreenOperation64
4.4PromoteEnergyManagement66
4.5ResponsetoClimateChange68
4.6EnhancePollutionPreventionand
ControlCapabilities78
05票
Conclusion
Outlook109CareforEmployeestoCreate
ESGKeyPerformance110αHealthyWorkplace
Suggestions&Feedback128
5.1OptimizeTalentManagement81JoinHandstoCreateαBetterFuture
5.2MultipleTalentRecruitment826.1ContributetoCorHV5□0E105
5.3lmproveCompensationandBenefits-84
6.2EnvialPhila
5.4ValueEmployeeTraining-85
5.5SmoothCommunicationbetweenEmployees90
5.6DiversifiedPromotionPaths-92
5.7lmplemerntEmployeeCare-92
5.8GuardHealthandSafety.95
PrefacePreface
Reportlntroduction-03
GeneralManagerAddress06
AboutTimesElectric07
Company2023PerformanceHighlights13
Responsibilitytopic:GreenElectric,
DrivingTowardSustainabilityTogether.17
RespondtotheUNSustainable
DevelopmentGoals(SDGs)19
[I
I
None
II
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01I
ZhuzhouCRRCTimesElectricCo.,Ltd.ZhuzhouCRRCTimesElectricCo.,Ltd.SocialResponsibilityandEnvironmental,Socialand,Governance(ESG)Re
α
ReportIntroductionReferencesofCompilation
ThisreportisformulatedwithreferencestoReferencelndicatorSystemfor
ESGSpecialReportingofListedCompaniesControlledbyStateOwned
The2023SocialResponsityandEnvironmental,5ocilandGovernance(ESG)ReportfZhuzhouCRRCTimesElectricCo.Ltd.ThisEnterprisespublishedbytheState-ownedAssetsSupervisionandAdminis-
reportsdislouretostakholderfthconcepts,vernanceapproacheandmechanesureandreultschevedyhuotrationCommissionoftheStateCouncilofthePeople'sRepublicofChina,
CRRCTimesElectricCoLtdinrespectfthesubstantiveisuesofenvironmentatsociatandcorprategovernanceinthecoursfouroperations.GuidetoCorporateSocialResponsibilityReportinginChina(CASS-ESG5.0)
publishedbytheChineseAcademyofSocialSciences(CAss),Guidelineson
DisclosureofEnvironmentalInformationbyListedCompaniesofthe
ShanghaiStockExchangeissuedbyShanghaiStockExchange,Guidelines
onEnvironmental,SocialandGovernanceReportingoftheStockExchange
ReportRangeofHongKong,SustainabilityReportingStandards(202l)(“GRl
Standards”)publishedbyGlobalReportingInitiative(“GRI”),MSClESG
TheinformationasdisclosedinthisreportcoversTimesElectricandallits
Ratings,IFRSSl-GeneralRequirementsforDisclosureofSustainability-re-
financiallyconsolidatedsubsidiaries,whichisstrictlyinconsistencewiththe
latedFinanciallnformationandIFRSS2-Climate-relatedDisclosuresissued
AnnualReportofTimesElectric(Stockcode:688187.SH,3898.HK).
bytheInternationalSustainabilityStandardsBoard(ISSB).
None
/
SEHKESGReportPrinciplesResponse
.
Materialityprinciple:InaccordancewithGuidelinesonEnvironmental,Social
andGovernanceReportingandotherrelevantregulatoryrequirements,our/ReportAccess
companyanalyzestheESGdisclosuretopicsofenterprisesinthesameindustryThisreportisavailableinChinese(includingSimplifiedChineseandTraditional
bybenchmarkingandanalyzingtheirhighlightsandfeaturesthroughdifferentChinese)andEnglish.YoucandownloadandreadthePDFversionofthisreporton
formsofcommunicationandexchangewithvariousstakeholders,andfinally7ourofficialwebsite:www.tec.crrczic.cctoaccessmoreinformationaboutour
identifiesandscreensouttheESGsignificanttopicsofourcompany.environmental,socialandcorporategovernance.lncaseofdiscrepanciesbetween
Quantitativeprinciple:OurcompanyconductsregularstatisticsinaccordancetheEnglishandChineseversions,thesimplifiedChineseversionshallprevail.
withthequantitativekeydisclosureindicatorsintheenvironmentalandsocial
categoriesintheESGreportingguidelines,andsummarizesanddiscloses株洲中车时代电气股份有限公司
UZHOUCRRCTIMESELECTRICCO,ITD.
themattheendoftheyear,aswellasformulatinganESGperformancetable,
whichcanbeevaluatedandverified.
Equilibriumprinciple:ThecontentofthisreportstrivestoexamineanddiscloseDataDescription
ourmanagementmeasuresandperformanceinESGfromanobjectiveandfair/Thetextualinformationandquantitativedatadisclosedinthisreportarefromour
perspective.7company'sofficialdocumentsandstatisticalreports,andthequantitativedata
Consistencyprinciple:Thescopeofdisclosureinthisreporthasnotbeenquotedarethefinalstatisticaldata.lftherelevantfinancialdataisinconsistent
significantlyadjustedinrelationtoourannuatreport,andconsistentcaliberwithourcompany'sannualreport,theannualreportshallprevail.
andmethodologyhavebeenadoptedforthecalculationofquantitativekey
indicatorstoensurethecomparabilityofthereport'scontent..
/
TimeRangeDesignation
ThisisanannualreportandcoverstheperiodfromJanuary1,2023toDecem-Foreaseofpresentationandreading,“ZhuzhouCRRCTimesElectricCo.,Ltd.is
ber31,2023.wheresometextualinformationisbeyondthisscope,itwillbedenotedas“TimesElectric”“ourCompany”or“we”or“us”inthisreport.
notedwhereitisconcerned.
门
SociatResponsibitityandEnvironmental,SocialandGovernance(E5G)RepSociatResponsibitityandEnvironmental,SocialandGovernance(E5G)Rep
α
GeneralMdndqerAddress
In2023,TimesElectricwitnessedayearofgreatmilestonesignifcance.Againsthebackdropofthechangingglobal
situationandthecomplicatedandvolatileeconomicsituaion,weinsistedonhigh-qualityevelopmentasthecore,contin-
uouslystrengthenedtheinovationdrive,activlypromotedthegreendevelopment,andcontinuouslyenhancedourcore
competitivenessEmbracingthevisionof“becomingaworld-classenterprseinthefieldoftransportationandenergywe
succesfuyaccomplishedthefull-yeartargetsandtasks,steppedupanewlevelofoperatingincome,furtherenhancedour
comprehensivestrength,andpromotedthewin-windevelopmentofeconomy,environmentandsociety,andcreatednew
1valuesforallstakeholders.
Overthepastyer,wehavebeensteadilymovingforwardontheroadofhigh-qualityevelopmentOurcompanysteadfast
lyimplementedthenewdevelopmentconcept,centeredonthenationalstrategyandmarketdemand,continuously
optimizedtheoperatingstructureandresourceallocation,andtokthedepandsteadystepsonthetwotracksBy
strengtheninginternamanagement,deepeningreformndinnovation,upgradingstaffqualtyandmanyothermeasures
wehaveachievednewbreakthroughsinbusinessperformancewhilemaintainingsteadydevelopment.
Overthepastyear,wehaveattinednumerousachievementsontheroadtowardsscientificandtechnologicalself-reliance
andselfimprovement.Ourcompanyhasincreasedinvestmentinresearchanddevelopment,andstrengthenedthe
accumulationoftechnologyandtalentreserves.Bytackingkeytechnologies,wehavecontinuoustyimprovedourhard
powerofindependentsecurityandcontrollabityincoreareas.ewgenerationCR450CRHtraincompletedhigh-speedtest
TACStraincontrolplatformcompletedof-sitelinetest,on-raiandof-railtechologyintegrationet.whichmadeignif-
cantcontributiontopromotingnationalscienceandtechnologyinnovation.
Overthepastyear,wehavemademoredeterminedeffortstopromotegreendevelopment.Ourcompanycontinuedto
leverageurstrengthsinthefieldsofIGBTsensors,passengercarelectricrives,andnewenergypowergenerationequip-
ment,withrecorddeliveriesWehavemadepositivecontributionstothepromotionofsustainabledevelopmentand
environmentalprotectionthroughtechnologicalinnovationandindustrilupgradingbyactivelyrespondingtothenational
“carbonpeakingandcarbonneutralty”strategy,promotingenergyconservation,missionreductionandgreenprodc-
tion.
Overthepastyear,wehavebeenunremitinginadheringtothepeople-orientedpath.Ourcompanyattachedgreatimpor-
tancetothegrowthanddevelopmentofemployees,andcontinuedtobuldadiversifiedcareerdevelopmentplatformnd
incentivemechanism.yoptimizingtheemployeincentivsystem,improvingtheofficeandlivingenvironmentandother
measures,wehaveenhancedthesenseofbelongingandcohesionofemployees,andstimulatedtheirmotivationand
None
creativity,
Movingforward,2024willbeacriticlyearforourcompanytorealizethegoalsofthe14thFive-YearPlanWewilcontiu
toupholdthevaluefighteousnessandIntegrity,GoodnessandSuccess”andfirmlyplacehighqualitydevelopment
asourtoppriority.Wewillfurtherstrengthentheinnovationdrivendmanagementefciency,seizethedevelopment
opportunites,andfullycommitourselvestopracticingtherolfastateownedenterprisWewillcontinutointegratth
conceptsofgreendevelopment,socialresponsibiltyandcorporatgovernanceintoourcompanysvitalveins,sothatwe
cancontributtoourshareholders,customersandsocietywithbettrbusinesserformanceandmoreassumptionfocial
responsibility!
ExecutiveDirectorandGeneralManagerofZhuzhouCRRCTimesElectricCo.,Ltd.
ShangJing
None
2
CRRCEnviromental&TechnologyCo.,Ltd.(1.97%%)℃
None
None
SiemensTractionEquipment Ltd.,Zhuzhou(30%)
ZhuzhouShiingTransportationEquipment.Co.,Ltd.(s5o%)11
1
员1
None
SoilMachine DynamicsLtd.(SMD)
CRRCTimesElectric(HongKong)Co.,Ltd
EysendiMarineServiceCo.Ltd
Power5upptySyster市□In(Jointoffice)
LCRRCTimesElectriCyCo.,Ltd,(60%)
EysendiRoboticCo.,Ltd
EquipmentDivisionEysendi(Brazil)Co,Ltd.
EysendlDeepSeaEqulpmentCo.,Ltd.
ZhuZhouNationalEngineeringResearchCenterofACCo,Ltd.SpecialistMachineDevelopments(Shanghai)Co.,Ltd.
NingxiaBranchofNationalComrterCenter
ACandControl TechnologyCentre
ingEnergylntion
Centre(Gung)Co.,Ltd.(8%)
ZhuzhouCRRCTimesSoftwareTechnologyCo.,Ltd.
HunanGucxinSemiconductorTechnclogyCo,Ltd.,(25%)
ZhuzhouCRRCTimesSemiconductorCo.,Ltd,(96.17%6)ZhixinSemiconductorCo.,Ltd.(47%)
GuangzhouQinglanSemiconductorCo.,Ltd.(49%)
UKR&DCentre(Branch)of zhuzhouCRCTimesElectricCo.,Ltd
DynexPowerInc.DynexSeronductor
WuxiCRRCHoferPowertrainCo.,Ltd.(49%)
FoshanZhonoshizhihulTransiportation
TechnologyCo.Ltd.(40%)
VehicleDivisio
BeijingBranchofHunanCRRCTimesSignal
CO.,LtC
HunanCRRCTimesSignal&CommunicationCo.,Ltd.Ningbo.CRRCTimesEtectricEquipment.Co.,Ltd.
NingboCRRCTimesTransducerTechnologyMachiTalyuanCRRCTimesRailEngineeringneryCo.,Ltd.(55%)RailEngineeringMaclinery,Co.,Ltd.
BaojCRRCTimesEngineeringMachineryCo.,Ltd.(93.21%)EngineeringMachineryCo.,Ltd.BranhofBaojlCRRCTimes
ZhuzhouTimesElectronicsTechnologyCo.,.Ltd.XianCRRCTrackEngofBaojlCRRCTimesEngineeringMachineryCo,LtderingMacneryR&DC
India ProjectOf-fice(Branch)ofZhuzhouCRRCTimesElectricCo.,Ltd.(BrarFengningBranch
lndiaCRRCRolingStockCo.,Ltd.(15%)HamiBranch
EuropeRepresentativeOffi-cewuhaiBranch
CRRCTimesElectricBrasilLtda.QujingBranch
HaixiBranch
CRRCTimesElectricAustraliaPty.Ltd.
GansuBranch
CRRCTimesElectricUSALLC
Changsha Branch
jinhuaCRRCRolingStockCo.,Ltd.(10%)LuoyangBranch
WuxiTimesIntelligent.TransportationResearchInstituteCo.,Ltd.(46%)ServiceCentreQingdaohspecticnandMaintenanceBranch
ZhengzhouTimesTrafficElectricalEquipment.Co.,Ltd.(50%)ManufacturingCentre
CentralizedProcurementCentre
XichengCRRC(wuxi)UrbanTransitTransportEngineeringCo.,Ltd.(4%)
InspectionandTestCentre
ShanghaiShenzhongRaitTranstOpeationSafetyEngineeringTechnoiogyReseatchCo,(td,(50%)
HunanTimeswabtecTransportationEquipmentCo.,Ltd,(50%)Data andInteligentTechnologyCentre
RailTransitTechnologyCentre
XuzhouBranch
ProductsManagementCentre
ChongqingBranch
GreenEnergyDivision
TaizhouBranch
OverseasBusinessDivision
xinjiangBranch
UrbanTransitDivision
NanningBranch
RallwayDivision
wuhanBranch
HangzhouCRRCTimesElectricEquipment.Co,Ltd.,(60%)
GuangzhouCRRCTimesElectricTechnologyCo,Ltd.(60%)
ChengduCRRCTimesEletricTechnologyCo,LtdVirtualHeadquartersDivision
KunmingCRRCTimesElectricEquipimentCo.Ltd.
ShenyangCRRCTimesTransportationTechnologyCo.,Ltd.
oLANPElectricalCo.,Ltd.(50%)
LanzhcuCRRCTimesRallTransitTechnciogyCo.,Ltd.(51%)
ShanghaiCRRCRailLTransitTechnologyCo,Ltd.(51%)1
QingdaoCRRCElectricEquipmentCo.,Ltd.(45%)
None
疆酬□8
huzhouCRRCTimesElectricCo.,LtdSocialResponsibilityandEnvironmental,SocialandGovernance(ESG)RepoSocialResponsibilityandEnvironmental,SocialandGovernance(ESG)Repo
ZhuzhouCesElectcCtforerlykwesleicotd.wsestblhedjointybyfivranizatonsncluinTimesElectrichassetupseveraloversesmpanieandoverseasR&Dcentersandurproducthavebemassvelyexporedtmoreth
Zhuzhoulnstotdn2005.twassuccesfullyistedonSHK(stckcode038hk)ndthETARMarketstockode681n20countriendregionsuhsthnitedtteAusali,outficaArenrkeyandsnehaveestablished
Decermber20,2006andSeptermber7,2021respectivelysuppychainsystmafactringsysmmarkeingetworkndafr-lesseviceneworkathndbradndareth
high-endequipmententerprisetparcipateintheintertionalcopetion,fulflteBeltandRoadinititveandMadeinChin
TimesElectricisthecorepowersupportofth“GoldenCardofChinshigh-speedrailwayandwearealsotheenterprisethat2025”strategy,andsupportthe“GoingGlobal”ofChina’shigh-speedrailway.
independentymastersthecoretecholoyandmakeslarge-volmeappictioninChinaFocusingonthetwcenteftechologad
“marketwhavbuiltuixindusialtornmeiansporttweneryweeneratnwrctninAsapionerndledenChinaselectfedrairoadequipentbusessTimesEletricactivlyrespondstothenionlsyf
vehiclesndsilcticndinengineeingandgrdualnsuctdcmleetclogicalchnandindusialchfhigh-qualtyandsustinabledevelopentandunswervinglytakestherodofgrendevelopentWwilfulyintegratetherequirementf
chip(device)-system(component)-completeequipment.thecarbonpeakingandcarbonnetaitgoalinturprodutionndoperations,andtakethegoalasaguidetopromtegre
transformation,soastocontributemoreChinesewisdomandChinesestrengthtoglobalsustainabledevelopment
TimesElectrcactivlypromotesthelayoutofthewholeindusrychainandenhancestheveralcompettveadvntagefourbusiness
OnecoreRailtransportationKeepingabeastfthmarketdevlpentenweprmtitlientupradingtbuildcorecoetitvenessfindependentprdt
accleratethedigtltransformfoperatinandprductontenancetefciecyfeourceuiatinandproftbitMawh
FourstrengthsSemiconductor,passengercarelectricdrive,weactvelfuroialresnsiafeguardshhlergtnintrestnprvidethcietywitintligetfandcomfortablehigh-endequipmenttocreateabeterlifeforhumanbeings.
Figure:lndustrialnewenergypowergeneration,sensors
structure
Multi-pointIndustrialdrive,marineengineeringequipment
OCoreofTimesElectricDevelopment
lnternationalization
MissionVision
CompleteequipmentRailconstructionmachinery,electromechanicalsystemintegration,marineengineeringequipmentConnecttheWorld,BenefitMankindToBetheWorldClassEnterpriseintheFieldofTransportationandEnergy
Figure:BusinessSystem(component)Railtransportation,industrialdrive,newenergypower
layoutgeneration,passengercarelectricdriveValuesEnterpriseSpirit
Chips(device)IGBT,sensorsRighteousnessandIntegrity,GoodnessandSuccessPracticality,Respect,lnnovation,Achievement
19592000Establishmodernenterprise2006TimesElectriclistedontheStock201420172021
systembydelinkingfromtheExchangeofHongKong(03898.HK)Thefirsteight-inchIGBTchipTimesElectriclisted
ZhuzhoulnstituteoftheMinistryofRailwayslineinChinaFuxingbullettrainbatchonSSESTARMarket
MinistryofRailwaysestablishedapplication(68B187.SH)
198420052009AutonomousHexiehigh-powerelectric20152019
ReformofscientificresearchlocomotivebatchapplicationHeavy-dutylocomotiveintelligentdriving
institutes-“independenceTimesElectricestablishedCSRandCNRmergedintoadebutopening
second-tiersubsidiaryofCRRC
m
ZhuzhouCRRcTimesElectricCo.,Ltd.ZhuzhouCRRcTimesElectricCo.,Ltd.SocialResponsibilityandEnvirorlental,SocialandGovernance(ESG)Re
None
Railwaytransportationequipmentbusiness
Company2023PerformanceHighlights+2.00%
/
126.56129.10
自Revenue
2022-12-312023-12-31
+20.88%+4.77%
//-1.05%
180.34217.9997.66102.32√+0.37%-37.11%
17.0316.856.57/6.595.31√3.34
77-
2022-12-312023-12-312022-12-312023-12-312022-12-312023-12-312022-12-312023-12-31
2022-12-312023-12-31RailwayelectricRailwayengineeringCommunicationsignalOtherrailwaytransportation
equipmentmachinerysystemequipment
---二-----=----=.
Emergingequipmentbusiness
NetIncome+69.64%
/
+21.51%51.4787.32
1
25.5631.06
2022-12-312023-12-31
+69.39%
/+45.43%+74.68%+73.75%+67.86%
2022-12-312023-12-3131.08/23.88
------18.355.9410.9319.0913.747.33
4.094.37
None
Totalassets2022-12-312023-12-312022-12-312023-12-312022-12,312023-12.312022-12-312023-12-312022-12-312023-12-31
+10.09%IGBTdevicesTransducerdevicesNewenergyvehicleelectriclndustrialconvertersMarineengineering
7drivesystemsequipment
二二二-----
485.10534.05
Otherbusinessincome
-31.53%
2.30√1.57
2022-12-312023-12-31
2022-12-312023-12-31
-------------------------------一--一
ZhuzhouCRRCTimesElectricCo.,LtdZhuzhouCRRCTimesElectricCo.,LtdSocialResponsibilityandEnvironmentat,SocialandGovernance(ESG)Rep
None
November2023
CompanyMlilestonesfor2o23TimesElectricwasListedinthe“2023
ExcellentPracticeCasesofBoardof
DirectorsofListedCompanies”byChina
AssociationforPublicCompanies.
May2023July2023TimesElectricRailwayTransformer
March2023TimesElectric'sIndependentETCsIn-vehicleSystemWinstheFirstEUCCSLevelTSlFAW-CRRCElectricDriveCompanyIntelligentManufacturingDemonstrationPlantListedasNationalIntelligent
Zero-CarbonInteligentEquipmentCertificateinChinaOfficiallyCommencesProductionFactory
IndustrialBaseofCRRCHamiOfficiallyTheWorkOvertheMountainofTimes
EstablishedCRRCPassengerCarElectricDriveLiuzhouIndustrialBaseOfficiallylnauguratedElectricwasHonoredastheOutstanding
ChongqingCRRCElectricTimesontheBrandStoryofStateOwnedEnterprises
listof“2023KeylndustrialEnterprisesTimesElectricSupportstheFirst10,0o0-tonintheYearof2022
NewEnergyHydrogenProjectinChinato
andSoftwarelnformationEnterprises”SucceedinProducingHydrogenTimesElectric“Tiangong”Realizesthe
LargestFormationOperationof
Large-TonnageUnmannedMining
TrucksinChina
None
None
M
None
R
C840-
None
1R
April2023
TimesElectricReleasesC-Pow-June2023
er280,theFirstProductofCRRC
TheFirstLarge-TonnageMulti-SourcePower
ElectricDriveE4.0Platform
MineTrainTractionSystemintheIndustry
○TimesElectricReleasesHigh-TechDevelopedbytheNationalEngineering
Achievementsof“NewGenera-OResearchCenterofConvertersofTimesElectric
tionoflntelligentPermanentSuccessfullyLaunched
August2023December2023
MagnetMotorPlatform”at
Beijing-QingdaolnternationalTimesElectricBoostsChina's20o00-TonTimesElectricBoostsFuzhouMetroTimesElectrictoppedthe2023Hunan
MetroTransitExhibition&ForumHeavy-DutyAutopilotTrainTowardthe“FullyAutonomousEra”intoaNewEraofFullyAutomatedHigh-techEnterprisesComprehensive
2023DrivingInnovationAbilityList
ZhuzhouCRRCTimesElectricCo.,Ltd.ZhuzhouCRRCTimesElectricCo.,Ltd.SociatResponsibilityandEnvironmental,SociatandGovernance(ESG)Re
Honors&AwardsMay2023
TimesElectricwasincludedinthelistofscienceandTechnologyReformEnterprises”
AssubsidiarfsttwedentrprisesElecticactiveyconfrmstthenatonalgreenandsustainableevlopentredandpracticestheESGdevelopentconceptwhavetakentheiniativetparipatinsustainbityiniitivendproductinovatinndannouncedbytheState-ownedAssetsSupervisionandAdrministrationCommissionof
developentandhavebeenhighlyecnizedbylectorsfsocietwininguberfawardsnconibuingChinesewisotthOtheStateCouncil
transportationindustryandESGpractices.
2023
May2023
TimesElectricWontheFirstandSecondPrizeofScientificandTechnologicalProgresslssuedby
TimesElectricWontheFirstPrizeofChinaCommunicationsandTransportationof
ChinaPowerSupplySocietyC
Association'sScientificandTechnologicalProgresslssuedbyChinaCommunica-
OtionsandTransportationofAssociation
2023
NingboCRRCSensorTechnologyCo.,Ltd.wasAwardedtheFirstPrizeofZhejiangProvincialScientificJune2023
andTechnologicalProgressbyZhejiangProvincialPeoplesGovernmentO
TimesElectricWonElectricDriveTOPEnterpriseAwardandElectricDriveTechnolo-
gylnnovationAwardatthe3rdGlobalxEVDriveSystemTechnology&Industry
January2023CConference2023
TimesElectricwasListedintheTop500ChineseBrands2023atthe
July2023
17thChinaBrandFestival
CRRCElectronicsWontheNationalSpecializedandNewLittleGiant”
AwardissuedbylndustryandlnformationTechnologyDepartmentof
February2023OHunanProvince
TimesElectricWontheMostInfluentialPVlnverterCompanyandthe
BestPCSSupplierAwardinthe10th“SolarbeAwards”O-October2023
TimesElectricWontheGoldAwardofInternational
ConventiononQualityControlCircles(IcQCC)
February2023
TimesElectricandcRRcElectronicswontheThirdPrizeofRailwayScienceand
TechnologyofChinaRailwaySocietyissuedbyChinaRailwaySocietyC
October2023
TirmesElectricWontheHighestGradeARatingforInformationDisclosureWorkof
February2023-OListedCompaniesonSSESTARMarket
NingboCRRCTimesSensorTechnologyCo.,Ltd.wontheSecondPrizeofRailwayScience
andTechnologyofChinaRailwaySocietyissuedbyChinaRailwaySocietyO
October2023
March2023TimesElectricWontheThirdPrizeofScienceandTechnologyofMechanical
CRRCSemiconductorWontheHonoraryTitleof“NationalGreenFactory”IssuedbytheGeneralOIndustryIssuedbyChineseMechanicalEngineeringSociety
OfficeoftheMinistryofIndustryandlnformationTechnologyofthePeoplesRepublicofChinaC
March2023November2023
ChongqingCRRCwasIncludedintheListof”CreatingWorld-ClassSpecializedandNewDemonstrationEnterTimesElectricWontheAwardof“Top30ListedCompaniesofSTARMarket”
prises”bytheState-ownedAssetsSupervisionandAdministrationCommissionoftheStateCouncilOinChinaListedCompaniesValueAwardby2023ChinaStarFundandListed
OCompaniesValueDualSummitForum
April2023November2023
TimesElectricWontheFirstPrizeofScientificandTechnologicalProgressinUrbanRailwayTransporta-TimesElectricWon“SecondandThirdPrizes”inthe2023OpenSourceand
tionIssuedbyChinaAssociationofMetrosOIlnformationConsumptionCompetitionOrganizedbytheMinistryoflndustry
OandInformationTechnologyandHunanProvincialPeoplesGovernment
ZhuzhouCRRCTimesElectricCo.,LtdSocialResponsibilityandEnvironmental.SocialandGovernance(EsG)RepSocialResponsibilityandEnvironmental.SocialandGovernance(EsG)Rep
○
Responsibilitytopic:GreenElectricCase:Boosttheindustry
DrivingTowardSustainabilityTogether
(1))lnAprl2o23,thelatestgeneationfpermanentmagnetractionsystemplatformcreatedbyTimesElectricwiththegoal
ofsafe,reliabl,grenandeficentmallandlightweightinteligentancvenientwasreleased,andthrjet
AppicationofAutonomusandEfcientUrbanRaitwayTransportationCorSystemBasedonGreenandInteligentlntera-
ransportaccountsformorethaquarterflobalqreenhousaemisionsandisfundmentaltotheimlementatinfthe2030tionTechriology”wascontracted.
AgendaforSustainableDevelopmentandParisAgrehent.Theglobalsustainabletransportationgovernancesystemisheadingforchange,
andChina’ssustainabletransportationhasinjectednewvitalityintoglobaltransortatlonceveent.ThePartyandtheStateattachgreat(2)Injuly2023,2023ChinaAutForumwasheld,andTimesElectricwasawardedthe2023ChinaAutIndustyCSRintelf-
importancetothgreenanlow-crbndevelontftransportionThereportftheothationalConrespropsestoatvelygentInnovationTechnologyAwardThethengeneralmanagerconsultantoftheautomobilediviionfTimesElectricwas
andsteadiusfrwdapingndcaeuta,ttlen-defntusfenergynpudinvitedtoparticipateintheroundtablediscussiononthethemefAsistheSustainableDevelopmentoftheAutombl
theclean,low-carbontransformationoftransportationandotherareas.IndustryandAcceteratetheConstructionofESGEcosystem”.
Asacoresnndthlogenrprieundemelecchlwayheltreesftcoumind,nha(3)nDecember2023,TimesElectricputforwardtheFiveActionsforGreenCityRailwayActionnamely,greenplanning
thewholeindustrialchainandecologicalchainfchipdevice-systemomponent-cmpleteequipmentthroughtheindependentfirt,grenequipent&D,greenequpmetmnufacturing,enerqyandcaromnagementandcotroprootinwe
innovationandlong-terminvestentireearchanddevlopmentWeareintratingmoregreensystmntansorttinandenergyasgreenservicetransformation,topromotethComprehensiveGreenTransformationActionforraltransportatn
buildingsustainablesocie,andactivelpaipintheconstrutiofmjornionalstgjessuhaoutywirtTransportStrength”and“3060CarbonPeakandCarbonNeutrality”todriveintothefuture.0
OCoreGreenEnergy:CarbonPathfinderforCleanEnergy
Chipisthecoremnentfgreentansportnndenegyiswidelysdinrailtransprtanlectricvehiclenthefknownasthofpowerorvteritheindustryandisalsstatgiccorroductsuprthecountytchievecabonett-CLeverageOurStrengths:BeingaWeaveroftheWholeIndustryChain
ty
mesEleticgvfulatthdvtagfthwhlendusralchinintratin&prductidsevice,stengthequiy
TimesElecsrientetndusialddakeepcwitthworddevlehavbuitindusraiztnbsef-chmanagement,ensuresproductsupplyandafter-salesservice,andrealizesstableproductsupply
biplardevice-inchTsnd6chlicaidenhavfusetfindependentecoliefrchlecmnent
appicaonwhichgurateindusialsuplyducesthcosfentrpriapconnbooststhdevletfws
emergingindustries.
○
Case:Buildingaproductassurancenetwork
○
Case:TimesElectricbooststhedevelopmentofnewenergyandgreenhydrogenindustry
MotordrivesystemisonefthecoretomponentsonewenergyvehiclesTheeletricdrvetCRRCunderTimesElectic
applestherailransprtatintrationelecicdrvetechloytothefiedfnewenergyvehicles,formingaserief
productswithpassengercarmotordrivesystemasthecoreandsupportingthewholeindustrychain,andbecomingan
TimesElectrenetrateintthsourcfenergyprvidelectricalsystmsltonsfgreenergyandnjectwal-round.playerinthefieldofnewenergyelectricdrivesystem.
powerintthetransformationandupgradingdevelopmentoftheenergyindustry.Hydrogeenergycanhelprealze
large-caleanddepdecarbnizaonintansprtatinndthefielimeslectricdeplyreearhenddevelopnd
manufactureslGBTfully-contolledhydrogenpowersupplytoprovidetheindustrywithhydrogenpowersupplyproductswithWehaveformedtheR&Drhythmofonegenerationinmassproduction,onegeneration
morefrendlyridaccess,highersystemcnverseficencymdtarizedsmledesign,betteeletic-yrogensergticcontrclpeformance,andlowenergyconsumponfthesystem,andtasisttheevelopmentfnewenergyandR&Dinresearchandonegenerationinpre-researchmasteredthecoretechnologyofelectricdriveforpassengercars,andbultttwomajorelectricdrivesystemintegrationplarforms
greenhydrogenindustry.forpureelectricandhybrid(includingrangeextended),
(1)lnMay2023,TiesElectcprlded10,000-mpereGBThydroengeneratinwersupplyfthefirstT000-oew"T+Nproductioncapacity layout,withZhuzhouasthecore,builtlarge-scaleproduc-
energyhyoengenerationprjeChin,th4o-kilwathyrgegeneratiemnstratoprjectfrtionbasesinwuxi,Changchun,Liuzhouandotherplaces,arrangedmorethanone
GorgesCorprationinOrsjungariNajson,andhelpedthis1000-tonewenergyhyrogengenerationprojectmillionsetsofelectricdrivesystemandcomponentsproductioncapacity,radiating
successfullygenerate“greenhydrogen”forthefirst timeonJune29.ProductionChina’sfivemajorautomotiveindustryclusters,supplyingproductsinthevicinity.in2023,
theannualproductioncapacityreachedsoo,oo0sets,withacumulativetotalofmore
(2)Injuly20z3,CRRCTimesElectricwonthebidforthe500,0o0-kilowattpotovoltaichydrogenproductionprojectinthanonemillionsetslaunched.
NingdonginvestedbyCHNEnergyGuohuaEnergylnvestment,providingT6setsofiGBTfully-contolledhydroenpower
supplyfortheQingshuiyinghydrogenproductionstation.
WetooktheinitiativetosetuptheCRRCElectricDriveindustryAlliance”,cooperated
Supplywithmorethan3o0partners,integratedhigh-qualltyresources,andmadeeveryeffortto
protecttheneedsofcustomersandtheindustry.
Focusonthedevelopmentneedsofnewenergyvehicles,takethejnitiativetojntervene
QGreenandIntelligentIntegration:BeinganInnovatorinPursuitofGreenEnergyServiceinfrontof thetechnology,focusingonthethree-dimensionalneedsofuser-custom-er-product,andcontinuetoprovidesystemsolutionsfornewenergyvehiclesthrough
Hig-speeraiubaa,lecticvhiciesElecticherestothedevlopnttegyfoncenicdiversificnandlwytechnologicalirinovation.
standsintfrontinfgreentranspottonCominingindpendentrearhnddevelpmentwtintnationlanddomesticce
tlonwehvenraicintecoetfrnlowcathwholrtesfpducteinprdtinndapl0
andcontiuetomprovethegreentechnolginnvaionsystemndproductmaixfrtransprtionAdheringttheconceptfcol
tatveinvation,eclgicalwi-wintbuidanecosystem,andworkwithndustyperndcustmerstmwergreenfr
ZhuzhouCRRCTirmesElectrlcCo.,LtdSocialResponsibiityandEnvironrmental,SocialandGovernance(EsG)ReportSocialResponsibiityandEnvironrmental,SocialandGovernance(EsG)Report
Activelybenchmarknationalstrategies,implementhe“BettandRoad”initiatveand“MadeinChina2025”鲁Activelyrespondtotecaltforruralrevitalization,sotthatdisadvantagedgroupsandless
strategy,andworktogetherwithsupplierstoparticipateintheinternationalmarket.developedregionscansharethedivicendsofdeveloprment.
鲁incorporateESGconceptsintocompanymanagementandoperations,andactivelyrespondtotheconcermsofvariousstakeholdersaboutcorporatedevelopmentendeavortocreatesocialvalue,andcontinualyimprovesustainableConunuinttocarryouvariousputtiswwetfateertvitesInaconcertedeffortIperaticatehuhger.
developmentcapabitities.
鲁Caryoutanumberofscientificandtechnologicalactivitiescenteredontechnicalexchanges,innovationandcoperaAttachimportancetotheoccupationalhealthofemployees,provideregularmedical
tion,andindustrydevetopment,andjointypromotetheinnovationanddevelopmentoftheindusty.checkupsandorganizegynecologicalphysicalexarminationsandgynecologicaltwo
cancersscreerningforfernaleermplpyeestoprotecttheirhealth.
TheboardofdirectorshasestablishedastrategyandESGcommittetopromotethedeepinvlvementoftheboard鲁Takethestandardizedproductionsafetynormsasthetechnicalsupport,continuously
ofdirectors,rmanagementandrelevantdepartmentsinEsGwork.Innovatethesafetymanagement,mode,improvethesafetymanagementlevel,andguaran-
teethesafetyofthestaff.
Strengthenandimprovecorporategovernance,improveintemalcontro,stengthenriskmanagement,depen
withstakeholders.integritbudingeffectivelyenancetheeffectivenessfcorporatgovernance,andsharetefrutsfevelopmentPartnerships鲁ValuesuppliersESGinputsandperformance
forthego
Acceleratetheprocessofdigitalransformation,setuptheDataandIntelienceTechnoloqyCentertpromtedataPeace,just鲁Activelyintegrateintermalandexternalcourseresourcesandorganizemulti-dimensional
governance,deependataminingandanalysis,andempowerbusinessupgrading.100trainingprogramsandempowermentactivitiescoveringallemployeesinleadership,culture
andprofessicnalism
鲁Carryoutdailymanagermentofwastegas,buildspecializedwastegastreatmentfarilties,and17鲁Duringthereportingperiod,ourcompanycarriedoutmorethan10talerttrainingprogrems,
Clatifythesafemanagementofhazardouswaste,buildaspecializedhazardouswastewarehcuse,achieve1oo%h,emissioncompliance.Aqualifiedthird-partytestingorganizationiscommissionedtoconductregularmonitoringoftheexhaustgasandissuemonitcringrepiorrs.LifeH6/v管conductedmorethan2,ooointernalandexternattraining,andopenedmorethanahundredinternaltrainingcoursesaneteacherresourcedeveloprmemtandutilization.
andensurethat100%ofhazardouswasteisdisposedofinalegalandcompliantrmarnner.Adheretotheprinciplesof“genterequality”and“optimattatentmanagement”
鲁EstablishasoundmanagermentsystemandslgningtheCollectiveContractandtheSpecial
鲁Dailymariichieve100%.compliancewith,dischargestancards.igermentofwastewater,niormaloperationofwastewaterTreatmentfariitiesto14Ermployees.CollectiveContractforthePtotectionoftheRightsandInterestsofFemaleWorkersand
鲁SpecializedproductionwastewatertreatmentfacititieshiavebeenbuittanddischargectoSDGs
eutbansewaqenetworkaftertreatrnernt.@Establishedacomprehensive,waterresourcemanagementsystem,andstandardoperating
0
Comisicnqualiftedthird-partytestingorganizationtohmplementregularmanitring13proceduresforwarermanagementatallrmdioroperatingbasestoprovidecearwaterandsanitatipnfacilitiesforemployees.
ofwastewateronaregularbasis,andissuemonitoringreports.
RDuringthereportingperiod,ourcompanyactivelycariedoutvaterconservationactions
suchaswaterreuse,condensaterecyclingandwaterbalancetesbing,ln2o23,wewere
鲁Theboardofdirectorsidentifiesclimate changerisksandpossiblebusinessimpacts,andthetiteotwater-savingenlerpnseinHunanProvince.
0CeanW
developssolutionstomitigateandeliminatetherisks.
Weidentifiesentityrisksandtransformationrisksthatimpactourcomparty.个鲁InecrporateenergyrnanaqementImtoourdauymariagemertworlardmariaqemenLasessmentTndicatots,annformulateassessmentlargetsandene(gysavinglam)
Adheretothe“openness andself-improvement,leadinginnovationReDconcept,andcoantly98MtilzingrheTesourcesoftheexistingsermiconductorfour-linepark,wedevelopetlacompr
DDrDVEDOCLCLCCnpetitivenessandcustomerservicelevelrstveenergyorojectIntmepark,photavoltatc+energystorage-chlataing,pllesystent
tntegration,consttulingannteligentphotovoltalcstciragecmargingJohmtpower
Buiidasustainablesupplychainmanagementsystem.,implementsupplierlfecyclemanagementHC5VS[ET
ermphasizeproductaccessandsupplychainriskmanagement.andimplementsuns2□IOCUm-
ment
oOurcompanyactivelybenchmarksthenationalstrategyandbulldsaplatformforemployees
Actively1mpiementhte“6R1Dstrategyofthepackagingindustrywhicthcentersonmoderatetorealiztheirvalue,careerdevelopmentandachieveent
ackaoing,toreducetheenvirpactofourope
鲁Safeguardemployeesrightsandinterestsandprovidingreasonableremunerationand
benefits.Thefirstbatchoflong-termshareincentiveswascompletedduringthereporting
periodtostabilizecoretalents,
uringfhereporngpenod,woenvirnmentalprotetinspecilinspectionswercariedout,andtheliso
心2口solemsanddangerswasnotifiectcurgerectificationandclosurecftheloop,thuseffectiv@Providestatutorybenefitsinaccordancewithnationalrequirements,emphasizethe
inglheoccurtenceofanvirentalsafetyincldertts.nentofaneffectivecommunicationmermtismwithemployees,andcarry.out
CRRCSemiiuctorWasawardedthehonorarytitleofNationalGreeriFactorydiversifiedactivitiestoenhanceemployeehappirness.
Enhancenplbyeesawarenessfresnreconsrvatinandenvrmentalprotection,ndaciveycarryutC0husyptcthstategsttansprtatinatn,ctvelredttcalfgreeadtligent
DubbcwelfareendenvTmertatprotectionartivitiessuthas(reeplantins,low-cdrburltravet,endwastentg0als,L0tCaD□YDJ汇5i005
utilizalion,
@protectintellectualpropertyrightsandinterests,activelyparticipateintheformuiationofindustnystandardsandnational
2L门ationoftneingusry
鲁Employdiversetalentsonanequlfootingandfuityprotecthelegitimaterightsantinterestsof
employeesbyrevisingandimprovingtherelevantempioyeermanagermtentsysterm.ntinucuslybroadenthedomestcandinternatonatR&Dcoperationnetwork,activelypromotetheGloballnaton
Partnershipram,ccuctin-dethexchangeswithtopintionalumiverTl55n0SETCe5eachir5n5,and
5thetwo-waylntetactianbetweerninonalsclentficresearchattonandtheapplicatlonofachies
鲁Competitivecompensationforermptoyeesnents.
TimesElectric0101
ESGGoverndnce
TimesElectriccontinuestopracticetheconceptofsustainabledevelop-
mentandtakesEsGgovernanceasanimportantchannelonthe
company'sdevelopment,graduallyintegratingitintocompanystrate-
gyandgovernancesystem.Ourboardofdirectorshassetupastrategy
andESGcommitteeandisgraduallyimprovingtheESGgovernance
structuretopromotethein-depthinvolvementofourboardofdirectors,
managementandrelevantdepartmentsinESGwork.Weactively
respondtotheconcernsofstakeholdersoncorporatedevelopment,
establishopenandtransparentcommunicationchannelswithstake-
holders,andcontinuouslyimproveourESGperformancetobettermeet
therequirementsandexpectationsofstakeholders.
1.1BoardESGStatement23
1.2StakeholderCommunications25
1.3ESGlssueldentification26
hzhouCRRcTimesElectricCo.,LtdhzhouCRRcTimesElectricCo.,LtdSocialResponsibilityandEnvironmental,SocialandGovernance(Esc)Ree
None
ThemainresponsibilitiesofthestrategyandEsGcomrmitteeare;
BoardESGStatement
OResponsibleforstudyingthedomesticandinternationaleconomicdevelopmentsituation,industydevelopmented
nationalandinustyolyevelmentdiretion,andrviingthbodfiretorwieearheortsn
pollciesandindustrydevelopment;
TheboardfdrectrecogrizethmportancfsoundmanagementsyemsandiskmanagementprocessestrpratgoveacResponsiblforstudyingulong-temsustainabldevelomentstrategyndbusnessphilosophy,ndacvisingtheord
andhasestablishedthemporancefEGconceptandmanagementmodelsinsustainablecorporatedeveloment,withtheboardfofdirectorsontheformulationofourdevelopmentobjectivesanddevelopmentpolicies;
directorsrespcInsibleforoverseeingandmanagingourperformanceonkeyESGissues.
Responsiblforreviwingmajorinvestmentandfinancingprogramsandprovidingsuggestionsfortheboardfdirectorst
Weundertakethatourcanyhalstrictyabiynatinalwandregulations,condutinteralgovenanceandinfrmatndistouedecidewhethertheprogramsshouldbeimplemented;
inaccrdacewiththerequlatnsfChneurRegulatryCommisionndthedisclosurerequirementsftheenvirmentalcl
andovemanc(reportsfthexchangewheelsted,anddisloserelevatinfmatinetivelyandtrutfutinourregula个Responsiblfrreviewingmajrcapitalperationprojectsandprovllngsugestionsfothboadfdectrstdei
inacordancewiththeGuidelineonDisclosurefEnvironmentalnfrmationbyListedComparieoftheShanghaiStockExchangepubishewhethertheprogramsshouldbeimplemernted;
bytheShanghaStockExchangendthelatestrelevantrequirementftheuielinenEnvirmental,ocialandGovemanceei
issuedbyhetockExhangefngKng,tensuthtinvestorndothrstakeolderreltuerstandinielyaetQTolnspectandsupervisethelmplementationoftheabovemajorprgjects;
performanceofouroperationsandmanagement
OToconductresearchandmakerecommendationsnourcompanyssustainabledevelopmentandESG-relatedpolicies
OurbordfdiretwirgularyevwrnESisuebsdnoudevpentsttgyexlcohangev
mentalpretcirenbinrnsnsenyndaurisknpitiun5Todeliberatevluatanduervismamatterfoucomnyincludinglnningbjctivoicyfa
andperformance,andincorporatethemanagementandenhancementofkeyissuesintoourannualESGdevetopmentstrategy.tion,implemeentationmanagement,riskassessment,performance,informtiondisciosureandothermatter,andtreortt
theboardofdirectors;
CEsGManagementOMattrstipulatenapplicallawndreulatinsTheAriclefAsoiation,thlistingruefthlisteplacnothermattersauthorizedbythneboardofdlrectors.
ByimprvingErganizanalstructrbuildingEsystmndenhaningpraticefraceindicatrwehavintgrdh
conceptofsustainabledeveloprntoourmaacerntandoperation,andachievedin-depthintegrationwithourstrategyandbusiness
processes.wetakeR&Dinnovation,talentpriorityandsafetyfirstasthecore,combinetheinternationalanddometicnewenergydevelop-ESGSystemConstruction
mentredrortzesustainablenerynhigqualoretelytctlentstfmtcersf&andinnvatn
setupacompleteEHmechanisminternallyasasafeguardtoformasystematicsolutionandcontinuousoperation.BycombinlourcopanysttegicsystnddalyperationswithintmnlnddestcEstandards,Ekeyisusith
Trdustrardsubstartivessuesotcoernt0.Ourstakeders,wehavebuiltanESGsystemwithnewenergyR&Dandinnc/at0r,mazard0us
gasemissionmanagement.EHsmanagemnent,andtalentmananentasthepillars,andcorporategoverrnceasthecornerstone,
OurcompanyhasestablishedacomprehensiveESGgovernancesystem:ByperfetinaniinsystuEsystmheoelytrtedwiostrlcystembsnessystemndrd
systemtoproDtetheSustinableoperatationofourscientificandtechnologicalinnovation,integrationofproductionandfinancing,overseas
Operationanddiversifiedindustrialctusters.
OurboardfdiretorservssthehighestdecismakingodyfrESmanagementtTimesElectricandisthefinlauthorityrespns
forurcopanyESefrtrrteernhacethgveanceevfTesleticurbrdfdrectrcnsie
andarovedthestablsmentfthesttganEcommitwhchsmaiyrepnibfronductigreearthandmaingelndustrialoperationreachesnewheightsScientiflcandtechnologicalinnovationfruitfulresults
mendationnourlong-termdevelopmentstrategymajrinvestmentdecisions,sustainabledevelpmentplaningandtheimleDtat℃
ofEGworkAtheatirdertetrmlementhesttegicecionndworkplaningofthebordofdirectandthesttgy
CGE5GC(te,wehaveestablishedanESGexecutiveteam,whichisrequiredtoperformthefollowingduties:RemarkableresultsofDeepeningreformswithPartyconstructionleadershipis
finemanagementstrongmomentumstrengthenedcomprehensively
Yenceandtechnologynd.finarQverseasoperationDiversifiedindustry
CoordintatethecontiHLOLSStudyInternatlonalanddomesticMaintaincomrinlcationwith
irmplemernitationoftheESGstrategyESGstandardsandregulatorystakeholders,respondtoESGmatters
formulatedbytheboardofdirectorsnorms,improveESGinformationofinteresttoallparties,andobtainlntegrationofESGmanagementsystemwithcompanybusinessdevelopment
andtheStrategyandEsGCommitteedisclosureandEsGreportprepara-theirOpinionsandexpectations.
withalldepartrmentsofthetionmechanismofourcompany,
companytoimproveESGpractices;anddemonstrateourESGperfor-NewenerayTesearchardHatnfulgasesemissioEHsmanageemtTalenitmanage
Cpm
manceinanall-roundway;
Corporate,governance
WehaveformulatedworkingRuleftheStategyandEGCommiteeofthoardfDirectrfhuzhouCTimeslecticCot
publclyreleasedctr20z,smeanststandardizeoumnagementandresndtothenernfurstakholeESGmanagementsystem
ZhuzhouCRRCTimesElectric(o,.LtdSocialResponsibilityandEnvitonSocialResponsibilityandEnvitonmental,SociatandGovernance(EsG)Re
ESGAwards
Top100ESGStakeholderExpectationsandRequirementsCommunication
TimesElectriccontinuestopromoteESGworkinearnestandpragmaticmanner,
continuoustycreatesnewachievementsinESGdevelopment,andtheresultsofEnterprises
DrivelocaleconomicdevelopmentProvidejobs
ESGgovernancehavebeenrecognizedbytheindustry.OnNovember24,2023,
ourcompanywontwoawards,Top100ESGEnterprises”and“Top50ESG○-EnvironmentalimpactofproductionOrganizepublicwelfareactivities
StateOwnedEnterprises”,atthefirstCRHCCSIESGGoldenBullEnterpriseTop50ESGStateCommunityResidentsandoperationonthelocalareaParticipateincommunitybuilding
Summit.co-organizedbyCSlandCRHC.OwnedEnterprisesCommunityserviceandcharitylmprovelocalinfrastructure
SupportsocialwelfareOrganizepublicserviceactivities
CharitableOrganizations
广FutfilimentofsocialresponsibilityConductthematicmeetings
StakeholderCommunications
Cleanenergyproductsupply
QualityservicesCustomeropinlonsurvey
StakeholdersexpectationsremporantonsiderationswhnTimesEletrcforltsESGstrategiesndoptimizesESmanagemetCustomersProductqualityCustomersatisfactionsurvey
synthesizefeedbackfromvariousparties,clarifythefocusofstakeholdersconcerns,andcarryoutcomnicationwithstakeholdersinProductqualificationrate
accrdancewihouomanusinescharacteristsandbyrwingntheexperienceandprcticealedyplaceintheindustW
havedeniedoukeystakeholdersncludingovermentandregulatrybodieshareholersandirvestrmlyeeoniy
residents,charitableorganizations,customers,valuechainparnersindustryassociations,mediaandthepulic.
TheexpectationandrequirementsfstakeholderrethemainsourcefmesElectictidentfyimortantisueTimesElectricfocTransparentandhonestcooperationSupplierconference
oncommunicationwithstakeholdersandhasestabishedareqularcommunicationmecharismtorespondtostakeholderneedsafeadequatecommunictnuringthereorineriodTimesEleticopmizedcommnicationthodsbasednfeeackfromstakhldValueChainPartnersFalrtradeWin-windevelopmentSupplieraudit
ers.ThefollowingtableshowstheissuesthateachstakeholderexpectstorequestandthemaincommunicationmethodsSupplychainsustainabilityBiddingconference
CstakeholderCommunicationList
FaircompetitionIndustryseminars
IndustryAssociationsParticipateinthecompilationof
StakeholderExpectationsandRequirementsCommunicationandOrganizationsPromoteindustrydevelopmentstandards
TechnologyandexperiencesharingProjectcooperation
Compliancewiththelaw
CompliantoperationPublicinformationdisclosureServicesandproductsOfficialwebsiteandWeChatofficial
Goverrent&RegulatorsTaxespaidbylawDailyworkreportandcomnunicationMedia&PublicFuturedevelopmenttrendaccount
PromotelocaldevelopmentRegulatoryassessmentCorporatesocialresponsibilityMediainterviewsandcooperation
ResponsetonationalstrategiesReceptionFinancialperformancelnformationdisclosure
Annualandperiodicreports
Shareholderreturms
Annualgeneralmeetingofshareholders
Informationdisclosure
ShareholdersanidInvestorsRiskcontrolInvestorrelationssectiononoffcialwebsiteESGlssueldentification
Investorhotlineandmailbox
Corporategovermance
Performancepresentations,roadshowsand
Businessperformancereverseroadshows
WithreferencetotherequlrementsfauthoritvedisclosurestandardsthomeandabrodTmesElectricontinuoustymrovesth
processfefiningrprtntntsidenndmaagesopicrelatedtriskanopportunitesbycmbiningcommuicatchae
Employeerightsandbenefitslntermalofficesystemsuchasopinionfourcmanymanagementinternalandexterlexpertssugestionedianformaton,domestindinterntn
peerbenhrkingstdiuidetinsialrspnbistndarduplepinnnciteinionndrend
EmployeesOccupationalhealthandsafetyEmployeehotlinetheexpectationsofstakeholdersinatimelyandeffectivemanner,
EmployeetraininganddevelopmentEmployeecongress
BenefitsandremunerationSkilltrainingsessionsin2023undertheguidancefthestratyandEcomiteftheboardfdirectrweconductedsignficancessueanalyssinacordancwiththfolinfourst:identifcanntrviwnuveyvaananraninndresnsefinaly
the20sigificantssuesthataremosthelpfulfrurcompanytrealizeouEobjectivandfomedansigificanceisueix
SocialResponsibilityandEnvironSocialResponsibilityandEnvironmental,SociatandGovernance(EsG)Re
TimesElectric2023ESGSignificancelssues鲁environment鲁societygovern  sueSignificanceLeve         IssueTitle         Response5ection         
           Employeehealthandsafety         --GuardHealthandSafetyCareforEmployeesandCreateaWell-beingworkplace         
           鲁Toxicemissionsandwaste         GreenDevelopmentandBuildaLow-CarbonFuture--EnhancePollutionPreventionCapability         
           Productqualityandsafety         -BuildReliableGuaranteeDrivenbylnnovationandCreateaSuperiorBrand         
  Highsignificanceissues         鲁Carbonemissions         --RespondtoClimateChangeGreenDevelopmentandBuildaLow-CarbonFuture         
           OCleantechopportunities         --ProductlnnovationandR&DDrivenbyInnovationandCreateaSuperiorBrand         
           Resourceandenergyuse         --PromoteEnergyManagementGreenDevelopmentandBuildaLow-CarbonFuture         
           Employeetraininganddevelopment         CareforEmployeesandCreateaWell-beingWorkplace-EmphasisonTalentCultivation         
           Complianceoperations         StriveforLeadershipandConstructGovernanceCornerstone--ConsolidateComplianceManagement         
           Riskmanagement         StriveforLeadershipandConstructGovernanceCormerstone-ConsolidateComplianceManagement         
           OGreenoperationmanagement         --ConstantGreenOperationGreenDevelopmentandBulldaLow-CarbonFuture         
  Middlesignificanceissues         lntellectualpropertyprotection         --R&DDrivesTransformationDrivenbylnnovationandCreateaSuperiorBrand         
           鲁Digitaltransformation         -PromoteDigitalConstructionStriveforLeadershipandConstructGovernanceCornerstone         
           鲁Employeerightsandbenefits         --lmplementEmployeeCareCareforEmployeesandCreateaWell-beingworkplace         
           OSustainability/ESGmanagement         TimesElectricESGGovernance         
           lnnovationandR&D         --ProductlnnovationandR&DDrivenbylnnovationandCreateaSuperiorBrand         
           鲁Employeediversity         --Muiti-TalentRecruitmentCareforEmployees andCreateaWell-beingWorkplace         
           Greenproducts         --ProductInnovationandR&DDrivenbylnnovationandCreateaSuperiorBrand         
           Anti-corruption         StriveforLeadershipandConstructGovernanceCornerstone-ConsolidateComplianceManagement         
  Lowsignificance(ssues         鲁Supplychainmanagement         --BuildReliableGuaranteeDrivenbyInnovationandCreateaSuperiorBrand         
  DCompliantemployment         -OptimizeTalentManagementCareforEmployeesandCreateaWell-beingWorkplace         
ldentifysignificanceissues
Byconductingextenloliyresearchrenhmarkinganalssandsurveynindustydevepentrndndtaingintaco
ourcomanyevlonttgbusnchaactristicndperionlanineidentyisuefrancethar
likelytofectourcompanyperatinanddevelopent,ortinfluencetheassessmentanddecisio-makingofourstakeholder
Conductinterviewsandquestionnaires
nordertensuretheacurayandcmphensivenesfthedatwhiredathi-prexpertonsutatuiethrelevatrk
customizedaquesionnairontheimortancfEGisuesanddisibuteditstakeholdersconductedintrvwwithoumanageent
andbenchmarkedandanalyzedthecurrentsituationoftheindustry.
Confirmandrankissues
Afterdataprcesingandanalysisweconsideredthefeedbackfrvariousstakehldersandquesionnairdttfinalyidety
significantissues,andrankedthemaccordingtotheirimpactonthecompany'sESGgoals.
Respondtoissues
Developmixfsubstantiveiseanalysisbasedonthessueevaluonresultsandprovidefocuseddislosurinthereporforhih
significanceisueThitonlenhancesthetransparencyfthecompanymnicatnwithvriousstakehderbtahigihts
ourstrongcommitmentandcontinuouseffortsintheareaofESG.
号
Employeerightsandbenefits
Carbonemissions
Resourceandenergyutilization
Employeehealthandsafety
Employeetraininganddevelopment
oToxicemissionsandwaste
鲁Sustainability/ESGmaragement鲁Cleantechnologyopportunities
GreenproductsProductqualityandsafety
R&DinnovationeEmployeediversityAnti-corruption
SupplychainmanagementGreenoperationsmanagementCompliantoperations
Risk
management
lntellectualproperty
protection
Compliantemployment
鲁Digitaltransformation
None
>
LowlmportancetothedevelopmentofthecompanyHigh
StriveforLeadershipand0202
ConstructGovernanceCornerstone
TimesElectricearnestlyimplementstherequirermentsoftheCPCCentral
CommitteeandtheStateCouncilonacceleratingtheimprovementof
themodernenterprisesystermwith,Chinesecharacteristicsandpromot-
ingthebettertransformationofthesystemadvantagesintogover-
nanceeffectiveness.lntermsofimprovingcorporategovernance,
perfectinginternalcontrol,strengtheningriskmanagementanddeep
eningintegritybuilding.Wehaveacceleratedtheimprovementof
Corporateqovernance,effectivelyenhancedtheeffectivenessofcorpo
rategovernance,activelysharedthefruitsofcorporatedevelopment
withgroupssuchasinvestors,shareholders,customersandsuppliers
andconsolidatedthefoundationofhigh-qualitydevelopment.
2.1StableOperationManagement29
34副量耀盟
2.2SubstantiateComplianceManagement
而面T[M面
2.3InformationSecurityManagement3911111T间
m1
2.4CapacityBuildingtoEmpower1
FurtherDevelopment40面盟
None
SocialResponsibilityandEnvironmental.SocialandGovernance(EsG)RegSocialResponsibilityandEnvironmental.SocialandGovernance(EsG)Reg
Contributionstoremunerationandbenefitsforeachofthedirectors,
supervisorsandCE0forfiscalyear2023wereasfollows:Unit:YuanCurrency:RMB
None           tor'sluments         Basicsalary         errmranceunkedtobo         Pre-taxTotacompensat         ocialiningfund         nPlar         Total         
  LiDonglin         -         -         -         -         -         -         -         
  LiuKean         ·         -         -         -         ·         -         -         
  ShargJing         -         680,000         604,060         1,284,060         61,189         86,196         1,431,445         
  Yanwu         -         689,111         117,873         806,984         61,189         81,373         949,546         
  Suibtotal         -         1,369,111         721,933         2,091,044         122,378         167,569         2,380,991         
           veDiretcr                                                               
  ZhangXinning         -         -         -         -         -         -         -         
  dcbe         T         o                                                      
  GaoFerng         119,048         -         -         119,048         -         -         119,048         
  LiKaiguo         119,048         -                  119,048         ÷                  119,048         
  Linzhaofeng         115,321         -         -         115,321                  -         115,321         
  ZhongNinghua         52,561         -         -         52,561         -         -         52,561         
  Chernjinrong         153,317                  -         153,317         ·         -         153,317         
  PuBingrong         153,317         -         -         153,317         -         -         153,317         
  LiuChunru         67,650         -         -         67,650         -         -         67,650         
  ChenXiaoiming         67,650         -                  67,650                           67,650         
  5ubtotal         847,912         -         -         847,912         -         -         847,912         
  ShenZhulin         -         431,788         -         431,788         61,189         59,089         552,066         
  LuShadjie         13,321         308,881         111,218         433,420         57,877         51,658         542,955         
  PangYiming                  482,065                  482,065         61,189         55,839         599,093         
  ZhouGuifa         21,705         992,049         66,244         1,079,998         61,189         61,189         1,225,028         
  uLue         -         -         -                  ·         -         -         
  GengJiamxin         119,048         -         -         119,048         ·                  119,048         
  Subtotal         154,074         2,214,783         177,462         2,546,319         241,444         250,427         3,038,190         
  Tatal         1,001,986         3,583,894         899,395         5,485,275         363,822         417,996         6,267,093         
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InternalControlSystemStructure
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CRiskManagement
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In2023,closetycombiningtherequirementsofthe“14thFiv-YearPlanriskcontolplanningandtheanualriskmanagementpointf
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promotetheimplementationofdifferentiatedprice
supplystrategyoftheprocurementcentersuppliers
toimplementthefulllandingandstrictimplementa-
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tionizationanddigitization,setuptherulesand
logicofauditearlywarningindicators,andrealized
thedemandforauditboardsbillboardsandreports,whichgreatlyimprovedtheefficiencyandaccuracyIntermsofoverseasriskassessrment
ofauditwork.
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authorities,linkresources,cooperateandexchange,pramotethegridmanagementoflargesupervisiontoenhancetheriskmanagementandcontrollevelandanti-riskabiityofouroverseasoperationandinvestment,andtoensurethesafetyandstabilityofouroverseasoperation.
complianceandriskcontrot,strengthenthesynergy
andintegrationwithinourcompany,andimprove
theoveralleffectiveness.ofinternalcontrol.
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O
CompletethedisclosureoftheinternalcontrolOurcompanyhascarriedouttheenhancementofnewenergyriskcontrolsystemandfurtherconsolidated
theriskcontrolsystemofphotovoltaicindustry.Byembeddingkeyriskcontrolnodesintothesystem
evaluationreportandtheinternalcontrolauditprocess,ourcompanystrengthensriskidentificationandcontrolathefront-endandduringtheprocessof
reportoftheA+Hsharesofourcompanytoensurethetransparencyandcomplianceoftheinformation.forthehealthyandsustainabledevelopmentoftheindustry.business,promotesthein-depthintegrationofriskcontrolandbusines,andprovidesastrongguarantee
Intermsofprojectriskassessment
Internattrainingandexternalexchangeshavebeen
organizedtopromoteinternalcontrolmanagement
cultivateaninternalcontrolculture,andcontinuously
improvethecapacityandlevelofinternalcontrolandweconductedatotalof24riskassessmentsofmajormergersandacquisitionsandjointventuresandother
compliancemanagement,whichhastrulyplayedainvestmentprojectsin2023.Byrevealingprojectrisks,evaiuatingrisklevelsandproposingcountermea
roleinpromotingstandardizationandpreventingrisks,sures,ourcompanyensuresthattherisksofmajorprojectsarecontrollable;atthesametime,wefollwup
andhasenhancedtheinternalcontrolawarenessandonthecontrolstatusofannualmajorriskeventsonaquarterlybasisandmonitorthecontrolofmajor
capacityofemployees,operationalriskevents.lnaddition,ourcompanyhasdeployedriskassessment,analysisandresponsefor
FY2024asplannedtoensurethecontinuityandeffectivenessofourriskmanagementefforts.
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Case:lntegrityanddisciplinetraining
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tage
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followingtypestgiftssuchaskickbacks,gratuities,shoppingcards,securities,paymentvouchers,commerclalprepaid
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numberofsharesofanenterprise.
Case:Fieldwarningeducation
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nottolerateanybehaviorthatdisruptsthisenvironment.
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tainingtersurethatsuplierreclerboutuintegrityrequirementsfmthutetdiionoucompanywillwid
publicizendexlaintlevantsminthupliein,tfuhervethupleknwledfanattoiry
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honest,cleanandefficientsupplychainsystemwithsuppliers.
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QTransparentTaxation
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Payingtaxesaccordingtolawisthemostbasicsocialresponsibiityofenterprises,TimesCapacityBuildingtoEmpower
Electricfollowstheprincipleofpayingtaxaccordingtolaw,takestheGeneralPrinciplesof
TaxationManagermentasthebasis,activelyestablishesand.improvescompany’staxFurtherDevelopment
managementsystem,andfulyimplementscorporatetaxobligationsathomeandabroad
Flagleadsthedirection.partyconstructionleadsthedevelopment.TimesElectrictakesXi
TimesElectricstrictycomplieswiththerequirermentsofrelevartnationaltaxlawsandjinpingsThoughtonSocialismwithChineseCharacteristicsforaNewEraasguidance,
regulations,stricttyimplementsGuidelinesonInternalControlforListedCompaniesofcarriesoutthespiritofthe2OthCPCNationalCongressindepth,promotesthehigh-quality
ShanghalStockExchangeandothertaxregulatoryrequirements,establishesandimprovpartybuitdingprojectof“FlyingFlag”,focusesonstrengtheningthe“SixLeads”5
theinternaltaxriskmanagermentsystemoftheenterprise,timelyidentifies,evaluatesandcormplieswiththechangesinthetaxpolicies,andcarriesoutthespeciatevaluationofthepromotestheenhancementofthe“SixStrengths”,insistsontakingthedifficultiesofoperationworkasthefocusofpartyconstructionwork,integratespartyconstructionwork飘扬的旗
taxcompliancefulfllmentonaregularbasis,soastoeffectivelycontroltheriskandensureintooperationworkindepth,andleadshigh-qualitydevelopmentwithhigh-qualitypartyFlyingFlag
thetaxcompllance,construction,C
entheParty'sinneivethe0reticalrorces
(OurcomparypersistentyusesthePartysinovativetheoriestostrengthenthemind,guidethepracticendpromotethe
work,graspsthefirstissuetimelylearning,thePartyCommiteThereticalLeaningCenterGroupcentralized
In 20z3,TimesElectricwasawardedthetitleof“First-ClassUnitofTaxPaymentinHunan
Province,Duringthereportingperiod,therewasnomajortaxviolationcase.seminars,thegrass-rootsPartybranchestofollwupthelearning,combinesthereadingctlass,thematicPartyclass,
themePartydayParyclasscompetiion,ideolqicalndpolticlfestivalLearninqPowerredstudyandthefom
topromotethespiritofthe2othCPCNationalCongressintothefrontline,intotheproject.
Deepeningtheimplementationoftransportation+energy”dual-trackdevelopmentstrategy,ourcompanycarriesout
discussionsontheirmplemertationofnationalstrategiessuchascountywithgreattransportstrength,scientificand
technolcsqicalinnovationinhloh,densty,combinestheoreticallearingwithgrass-rootsfesearch,andcariesout6]
CResponsibleMarketinggrass-r0surveysin41departnts(units)in20z3toforma"1+N”investictionarcresearchmechansm.aota
outputofresearchports,heldreserchresultexchangmeetingfocusinnsolingracticalroblematt
grassrootslevel.
Comliancmaketinisnmporantgurartfrentrprisetpiptmarketpenndpcticcorratesocialepi6
ityOurcoparystitycmllewitnnllwndregulinsucAdverisemetlwfthPeleRepublifChnnd
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blemarkeinweequirouremlyetofolwprfesnthictaltiestensureththeinfrtinbuturdut
5eTce5C0nVeVe℃t℃Cu5t5a□0C℃lersistrueandaccurate,andthatanyfalseormisleadingpublicityisresolutelyelininated,During
therepringperiod,theweincidentinwhicocanywapenlzebyhecmpetentuortesfrviclngterelev
regulationsonmarketingandpublicity.Promotethedeepintegrationofpartyconstructionandproductionandmanagetment
ln2023,ourcompanycontiniuedtopromotethecompre-
Chensive,systematicandin-depthintegrationofpartyconstructionworkwithproductionandoperation,Drgani-
callyintegratingtheimplementationoftherequirements
InformationSecurityManagementofpartyconstructionworkofstateownedenterprisewith
thecomplianceandexecuuonoftheTegulationsofthe
capitalmarketsofShanghaiandHongKonginrespectof
corporategovernance,andimprovingtheconstructionof
TimesElectcatachertrnctnfrmtinseurndprttinndstctyliwitthlwanreulaeltthemodernenterprisesystemcontinuously.
intormatiorsecurityandpersonalDrivacyorotectioninthecounitiesorrecionswfiereitoperates
OurcormpanivstrictlycomplieswiththereuuirnentsoflawsandregulationssuchasNetwork5ecurityLawofthePeople’sRepublicofChina
DataSecurityLawofthePeople'sRepubblicofChina,PersonalinformationProtectionLawofthePeople'sRepublicofChina,etc.,andhas
assedthcerfcoflfratineurtyManamntysemandtcerficatisvalntut,02v
stablishedaperfectinfortitonsecurityrmanaGermertsvstem,setuDanlnfo)nationsecurityandnetworksecuritymanagemenitorganizaCantinuouspartyconstruction
tion,andimplementedanetworkinformationsecurityworkresponsibilitysystem.
OurcomayhsisuedinstionaldocumentsuchsMeasurefolnfmatinecryworkManamentMeasuresforNetwrnin2023,TirmesElectric's“FlyingFlag”high-qualityparty
frmatineurtfrtiiatinMangeMsreffrmtin5ysmFutLfCyleecurManaentMconstructionprojectisceriteredonthreeprojects:
forManaementfDeloymentfintret-acesiblenfrmtnystemandMeasuresfManaementfErterprisetwork5ystmf"StrengtheningFoundation,GatheringStrength,and
netwrkseurtytafrwalnthchcarttimesundusewrkurueviilaranthLeading,andoperatessixmajorstations:"Employee
securitymonitoringmeasurestoeffectivelyimprovetheoverallnetworksecurityofourcompany.AssistanceProgram”“PublicSentimentLiaisonStation”
"PartyMermbersLearningStation,"BranchQuality
wealsctvelyaiznarngmiyeestipteworkurn,ryotwrkserackndlmprvementStation”“PartyMembersSuccessful
dis,andakffrtstngthenenancthnewrkeurwrenesndpresinlntchcalbilevfalConstructionStation”,and“BranchAssertionStation”
eesfintueewrkseurystrtegyadetworkfulfwseurtyitrin,dmalzetworkeurperatiandi
assessrment.
Innovation-DriventoBuild0303
ExcellentBrdnd
TimesElectricadherestotheresearchanddevelopmentconceptof
"opennessandself-improvement,leadinginnovation”,continuously
improvesthecompetitivenessofproductsandthelevelofcustomer
service,acceleratesthetransformationofintelligence,drivesthe
sustainabledevelopmentofsuppliers,leadsthetransformationofthe
industry,andadvancestotheworld-classenterprisesinthefieldof
transportationandenergy,
Topic:ProductlnnovationR&D43
3.1CreateReliableAssurance49
3.2R&DDrivesTransformation56
3.3PromoteDigitization57
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ZhuzhouCRRCTimesElectricCo.,Ltd.ZhuzhouCRRCTimesElectricCo.,Ltd.SociatResponsibilityandEnvironmental,SocialandGovernance(E5G)Re
Topic:ProductlnnovationR&D
Case:TimesElectricwonthefirstprizeofChinalnnovationandEntrepreneurshipCompetition
forRailwayTransportationIndustryTechnologyInnovationProfessionalCompetition.
ThescientifcndtechlogicalnovatinandresearchanddevelopmentfTmesElectricinthefieldfraitransrt
well-developedProductResearchandDevelopmentSystemindustryhaseeighlyrecognizedbytheindustynDecember,02ourcompanywasawardedtfistprizft
enterprisegroupinthefinalsfthe1thChinlnnvationandEntepreneurshipCompetitionforRailTransportatonndustry
TechnologicallnnovationProfessionalCompetition.
TimesEleccsitlyfrmultesthstienfcreearchpjtngementsysmuchcienfcResrchPrjectManemente
and5cientfResarchPrjetinManaementMsuracrdinttnatnastadr/-20intstandarzn
efectveanaestenifcreerwrkfoumanyemthiv-rvndeveomntstategyenhancethbeeft
scientfcandteclgiclinputndututswiththofpringtefcientresarchanddevelntfprouctandgutTheRalwayTanpotionndustTechlynvatinProfesinlCoetionfocusedntemrovmetfindusialsciencend
ingthequalityofachievements.technlnvtily,ttintpipfrthtprinrurverst
abradiththrjectfHvutrutDrvingSysmndpendentdevleTimeleticwuccesfulot
Accrdngtthurfprjectchandevltmleicvidescnfrchjtifivarlamg9enrldrjectnwthfirstprizfthfinsnthntrprisrouhesysembsedhighsecuryc
prductdevelopment(categoryP)platformresearchanddevelopent(categoryD)prospetvetechnclogyresearch(categoryR)special-pltformandrelzeintelientonrlsysemforinwhicistefistChntrealizeteaumtedcntolfenri
izedtechlyrath(catrT,ncmprhensivtecnlsethcor)nividesthintxdecoringeneralfihttevlntnstinntaucsfuldtvedel
corecriterlaofprojectecorsrmlcvalue,technblogyvalueandscale.roadburausrladnieiulatvettlfmrethamlonkmtrfsferatonThapcafths
breakthroughtechnologyhabeenreportdbyCCTandtherauthritatvemedimanytimes,becmingthefocufattentionnth
Thetechnologycomnmiteeofourcompanyisresponsibleforsuperyisingandguidingthemplementationofthesystemrelatedtooumajorindustry
scientrercjectngenevuaaminsnajeesrchjectenth
researchdretnirpufthprtrwthurtechnlevelpntsteyanensungtccucyfoue
calinputsandresearchanddevelopmentdirectioninkeyareas.KeyTechnologyandApplicationofHighPower当ChinalInrmovationandEntrepreneurshipCommpetitionfor
TractionConverterSystemDesignandCortrol
Thetechricalmanementdepatmentfourcompayisresponsiblefortheestablshmentfthescienficresearchprojectmanageetsystem,nischfpleestabntent,uevunjetetnthprcesfChinaPowerSupplySocietyScienceandTechnologyProgressAwardFirstprizetwayTransportationlndustryTechnologylnnovationCompetitionggHeavyHaulTrainAutopilotSystemFirstprize
establishmnteslecticfcusmrkeretintakecusrrernkedemandathbsfprectestlis
mentlrensetthespecifcneedsfustmeurcyativlyespondstndintesthcorespndingrductdevel
projetstnsuethtrcteveetktemndnenancusasfactonwhilthResearchnKeyTechnologicsforFaultDetection,Diagnosisnd7
managementpartmentestblishenevaluanexpertroutevalutethprjetancletestheapprvtfthescientifcreResearchonDigitalFunctionDetectionMethodsfortheWhole
prcjectplwitthMsyfthscincrrchprjvedteuntinhftrjetreshMFaultToleranceofPowerElectronicSystermsandApplicationsProcessofRailwayTransportationElectronicandElectricalProducts
missionstatementwhichservesasthebasisforprojectprocessmanagementandsupervisionandevaluation.ChinaPowerSupplySocietyScienceandMachinerylndustry5cienceandTechnologyAwardThirdprize
TechnologyProgressAwardSecondprize
Timeslecilayatentintraprjetmanageetualsfcusthsychrizmanagentfntrln
extemalpretExtnprjectssuhloviclnministrirectrlsewioaytupt
improvementofcverallscientificandtechnologicatinnovationcapabilityandtechnologyaccumulation.当《》
ResearchandApplicationofRailwayVehicteandKeyTechinologyandApplicationofComprehernisive
TransmissionSystemTestPlatformsTrainSecurityBasedonVideoSystem
CRRCScienceandTerchnologyAwardThirdprizeCRRC5clenceandTechnolngyAwardThirdprize
Industry-leadingR&DTechnology
ScientificantehlgicalivswaysthepwerourefthedeveloentfTEleicsnmantpripatnthlarchonDigitalFunctionDetectionMethodsforthewhole
transportationindustry,TimesElectricisnotonlycomnittedtopromotingthehigh-qualitydevelopmentoftheindustry,butalsoparticipatesofRailwayTransportationElectronicandElectricalProducts
intheforlatifindustystandardndnlstndardwithpracticlactonsconibttthestandardizatftheindusCRRCScienceandTechnologyAwardThirdprize
theenhancementfthetehnicalevelndseeksforcontiuureaktroughsntheroadfpursuingtechnlgicalivn
TimesElectricontuestpracticethstratyfcountrywthgreatransprtsengtactivelyrespndstothecafgrand
intelligent”developmentgoals,takesscientificandtechnologicalinngvationasthedrivingforce,helpsthehigh-qualitydevelopntofthe
railtransportationindustry,anddevotesitselftocontributingmorestrengthandwisdomtothedevelopnentofChina’stransportationindustry
ProductHonorsandRecognition
TimesElectclidyrmotsinfcnechllcalivtondhacheveexeleteltucayml
newmajcrjectsnthletintfsientifcrrchprctsfthywa9%exersncanelg
projetswerelardanaprvefwhicweresuccesfulelaredfrthNaonlKyeerchandDevelpetrw√
subjecteders,ndmrthamilfuafnewearchfunwerrvedfrthubectsprvinciatinisteial
indusr-levesciecentehlowrswantenluinfirsclaswadsscencndchlwade
granted,whichwasarecordhigh.
ZhuzhouCRRCTimesElectricCo.,LtdZhuzhouCRRCTimesElectricCo.,Ltd
LeadStandardSettingandTechnologyEnhancement
TimesEleticactiveypaipatintheformlatofindusystandardandnionlstandardonibutingtothdevelopmetnd
standardiztnofheindumlecicanhwol-weajor-wedorffectveonlleubsiartllev
ledandparticipatedintheformulationoftotlfsixindustystandardswhichwereapprovedandpublishedbytatAdjinistrationof
MarketSupervisonandAdminsationandStandardizatinAdministratinimesEletricactivlyprmotesthedevelopmentdirectifth
industrytensurethatprdtqualtanechnolgicalinvatinrecomprhenivemrved,whilealslayngolifoundatf
thesustainabledevelopmentoftheindustry.
The20Mwultr-high-powermedium-pressumaindrivesystemdevelopedbyTimesElectrchabeeninstableoperatifor  NameofParticipatingCompaniesofTimesElectric         Role         StandardName         
  T11ZhuzhouCRRcTimesElectricCo.,Ltd.         Lead         RailTransportationElectricalEquipmentforRollingStockPart3:ElectrotechnicalDevicesDCCircuitBreakerRules         
  11ZhuzhouCRRCTimesElectricCo.,Ltd.-------------一----         Lead         entfor十-------RailTransportationElectricalEquipmeRollingStockPart4:ElectricalComponentsACCircuitBreakerRules         
  1ZhuzhouCRRCTimesElectricCo.,Ltd.-------------         ---Lead         EquiprVoltageFusesRailTransportationElectricallentforRollingStockPart5:ElectrotechnicalComponentsRulesforHigh----------         
  SignalCo.,Ltd.HunanCRRcTimesCommunication----------------         Jointlead         TechnicalConditionsforUrbanRallTransitSignalSystem÷----------         
  SignalCo.,Ltd.HunanCRRCTimesCommunication---------------         Jointlead-一一         t0IRequirements----------lntelligentManufacturingApplicationlnterconnectPart1:lntegrationTechnical         
  --nunicationSignalCo,Ltd.HunanCRRCTimesComi一一一-一-一         --Jointlead         -一-一----RailwayTransportationLead-acidBatteryPacksforRallcarTractionSystem         
10yearssinceitwasfirstappliedtoGuangxiYinhaiAluminumlndustrysAluminumHotRolingMitin2013,bringingarevolu
tinarychangetotheindusty,ln2023,thecommissioningofLianyuanStees1580mmhtcontinuousrolingprojectmarked
thebirthofthecountry’sfirstfullylocalizedwidestripproductionline.
Themedium-presuremaindrivesystemfortlingmilsindependentydevelopedbyTimesElecrichaspromtedtheevelp
mentofhig-endequipmentinthemetalurgiclindustyThesuccesfulappicationof0Mwultra-high-powermedium-re-
suremalndrivesystemdevelopedbyourcompanyintheprojectsofFujanSanstees3,0o0mmmediumandthickplate
Baotis50mmfourrlreveribleotrolingilsandFujianSansteelsedium-rodscoggingmillet,hademonsrate
thestabilityandreliabilityoftheproductsandwonfavorablecommentsfromourcustomers.
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结构调整升级项目(1580热轧线)
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MajorScientificResearchAchievementsORobustR&DPartnerships
OurcmpayseyenggedinthfieldfriltansitrcticonvertealzingthetchicalextnsiofthconcenticivercAggregateglobalresourcesandadheretoopeninnovation
tinsttgytelatedfield,andhahievedfuilresulinthprtifkyprjctndprductevelptandapc
TimeslectichsineasinglybroadeneddmestiandintmatonalR&Dcoperationnetworks,ontibutingsinifcantyttheprotif
technologicatinnovationandindustrialupgrading.
TimesElecticpaipatedintheestablismentfGreenTransprtationecialCommitfNatinatEnerqylntrnetndustyanTechl
gyInnovationAlliance,acceleratingthedevelopromentofnewfieldsanddemonstratingtheleadershipinthefieldofdomestictechnological
OFocusonthemajorscientificresearchprojectsidentifiedintheNational“14thFive-YearPlan(CR450ScienceandTecnl-nnovation、Ourcompanyactivelyseeksdomesticcooperationandhasbuiltanewinnovationconortiumwithanumberofwell-known
ogyinnvationPrject),paticipatedintheCRA50igh-peedpeformancetestrganizedbyChinaRaiwayandouref-e-domesticuniversitiesandenterpisesinthefietdofartificialintetigence,networksecurityandothercuting-edgetechnologies,inctuding
velopedPCureplacementconverthepedthewholerainbreakthroughthrenewspeedrecordswiththehighestpeedTongjUniverstyhejangnverstyuaweandBaiduWareaswrkinintensivlywiththejoint&cenrfTinghunivrsty
reaching4s3km/hinthetest,whichfulydemnstratedouleaingpostioninthene-enerationhigh-speedralwayrollgexpforetechlclvatonsinkyreuasltfehihwanhig-voltaecasadenergytragendtdevelp-
stocktechnologycooperationinkeytechnologicalareassuchascarboncomputingandnewpowersystems.
OThelocmotveautpiltsstmsucessfullyassedthesafetyassessentbyaninternatinlauthoritiveindependent
thirdpartyandwawarddthefistllevetcertifictioihinwhchabeerealizednhenhu-axlelo○
tives.Case:ParticipationinthePreparatoryMeetingandTechnicalSeminarofGreenTransportation
SpecializedCommiteeofNationalEnergylnternetIndustryandTechnologylnnovationAlliance
OOurTiangongunmannedminingtrucksystemappearedinthedemnstratinconferenceofCNNE,andthesystemwas
evaluatedastherisingstarfunmannedminingtrucks,realizingthelargestrumberofunmanedminingtruckswithlageOnFebruary16,2023,ourcomparyparticipatedin国家能理互联阅产业及术创新联盟缘色交通专要金券备会管技术研讨会
tonnageininglepitinChinainthefomfmixedformatincluste,andelpinghernyanCoalpasstheacceptanceofteorganizingthePreparatoryMeetingandTechnical
natinal-evelintelligentdemnstrationcoalminemakingithfirstbatchftelientemnstratinpe-pitcolneSeminarofGreenTransportationSpecialCommitteeof
inthecountryand thefirstoneinCNNE,NationalEnergylntermetIndustryandTechnologyinnovationAllance.Theeventbroughttogethermany250
experts,scholarsandindustryleaderstodiscusstheV
OTACsNingbofieldlinetestvlidationpassedtheexpertreview,takingakeysteptowardsengineeringapplication.developmentandinnovationofgreentransportation3C
technology,aimingtojointypromotetheimplementa-
tionofelectrifiedhighwaysandothergreentransporta-
tionsystemsolutions,andpromotetheintegrationand
OCompletedtheproductdevelpmentfhighpowerdensity300vIGBTmodule,developedanewgeneratinf3300vgradoptimizationofresources.
highpowerdensitymodulestmprovethepowerdensity,andhacompletedtheinalizatnoftheproduct,malbach
production.
ODevelopIGTforPVfieldtenrichouproductspectrumndhelpthedevelopmentofnewenergyphotovoltaicwhichhave
reachedtheinternationaladvancedlevel,andtheproductshavebeenfinalizedandrealizedbatchdelivery
TimesElectricctveyprtesthloalinvatiopaershipprgraandshwsthemafChinesentrprstheintrnt
OpVproductshavebtainedtheindustrysfisthigh-webalancL4DCarcdetectincerifictionwiththeindustysteaingDCsldetrminltmeraturettio,rdetetin,intetigentreakingtrprtetin,urdingthsafetfwarenaOurcanyasaredlocoperwitintrnnlniveritessuhauUivsitchandUnversitfhefedandin-depthexchangewithtintrntonlunversiandscienfcresarchinstsuchaRwHacheUnversityFrauf
plants.Instuteandverifuvnhichavsengtheedthetw-waintactifinrnnlcienfcresearhandivati
appicationofachlevements,andcontributedtothedevelopmentoftheglobalenergyfieldwithwisdomandstrength.
OCompletedthedevelopmentof320kwhigh-powerstringinverter,whichcomprehensivelyimprovessystemefiency
compatibility,gridaccesibityandsafety.lthashigherstand-alonepowerandhigherenergydensity.
O
OSelf-evetopedrolinmimediu-pressumarvetetChinasfrstfuwide-wlhlatandstpprdutinCase:AcademicexchangemeetingwithUniversityofSheffield
wentintoproductinsmoothly.hesystemadoptsPwMfour-quadrantrectifiercontrltechnologyandhigh-performance
vectorcontmodetguarantethestipsteelprductiocapciyndquatityandatthetitignificantye
thecostfenergyconsumptionftonsfsteelintheproductionline,whichfulydemnstratesugreenlow-carbon,sfeOnOctober27,2023,ourcompanyco-hostedanexchangemeetingwiththeUniversi-
reliable andenvironmentallyfriendlyadvantagesofvariablecurrentcontroltechnologytyofSheffield.ThemeetinginvitedProf.ZhuZiqiangfromtheUniversityofSheffield
astheguestspeaker,whogaveanin-depthintroductiontothelatestprogressof
fractional-slotpermanentmagnetmotors,andelaboratedonthesignificanceand
appticationprospectsofthistechnologyinimprovingmotorefficiency,reducing
OOurhydrogengeneratinpowersuppywasapledtthefiso-tnnwenergyyrogengenerationprojectinhn,energyconsumption,andpromotingIndustrialtransformationandupgrading.
helpingtheprojecttosuccessfullyproduce“greenhydrogenforthefirst time.
TheUniversityofShefieldExchangeactivetydiscussescuting-edgeissues,chalteng-
esandinnovativedirectionsinthefieldofmotortechnology,withanin-depth
OTheee-saechingandayingequipmetwauesfullylauchefingthtchicalginthfifde-wtranalysisofthelatestadvancesinfractional-slotpermanentmagnetmotorsasan
cablehandlingin,China.example,aimingtopromotethedevelopmentandapplicationofmotortechnology.
ZhuzhouCRRCTimesElectricCo.,LtdSociatResponsibilityandEnvironmental,SocialandGovernance(ESG)ReSociatResponsibilityandEnvironmental,SocialandGovernance(ESG)Re
lnnovativepowertoempowerthetransportationandenergydualtrackFigure:TimesElectricQualityManagementOrganizationStructure
TimesElectriccaeutnuefscientfcandtechnolgiclactiesroundtechnicalexchangesnvatinandcoopertn
industrydevendjinyprtsheinvatnnddevelentfwerecicitlientansportanthf
Generalmanager
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Case:Zerocarbonera,greenfuture-TimesElectricheldtheannualexchangemeeting
ofnewenergypartners.
OnFebruary24,2023,TmesElectricsuccesfulyheldtheannualexchangemetingofnewenergypartnerswiththethefCompanyqualityleader
“ZeroCarbonEra-GreenFutureaimingtopromoteourdevelopmentandinnovationinthefieldofnewenergy,accelerate
theconstructinfsafe,reliable,efcietandwin-winsupplchafnewenergindusty,andinfusnewpowerintth
developmentofnewenergyindustry.
nthemeeting,morethanhundredrepresentativesofnewenergysupplierfomhomeandabroadgatheredtogethet
discussthedevelopmentprospectsandinovationdiretiofnewenergyindustywiththeconcpf“co-creation,hingandwin-winasthecore,themetinglookedforwardtothedevelopmentplanfTmesElectricinthefieldofnewenergyandcarredoutin-depthexchangesaroundqualitymanagementandothertopics,whichfurherpromotedthecomprehensiveEachresourcecenterofheadquartersCompanyqualitySubsidiaries/BusinessUnits
strategiccooperationandprovidedasolidfoundationfortheimplementationofnewenergystrategyofourcompanymanagementdepartment
FirstpersoninchargeFirstpersonincharge
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日绿动主米QualityleaderQualityleader
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QualitymanagementQualitymanagement
departmentdepartment
Ourcompanyestablishfullifeclequaltymanagementsystmcovringcustmrdemand,productdevelopent,manufacting
marketingandsevcandrealizeleanprductqualtytroughonnuoumrvementn23thpasnratfourproductinfist
deliveryexceedsthetargetvalueof99.7%.
CreateReliableAssurdnceFigure:FullProductLifeCycleManagement
○
oCustomerDemand白0-
OCastProductQuality
Ourcompanyadherestthehigstandardfproductqualty,andhasformulatedProductQualiyProblemManagementMeasuresFormulatecustomervisitprocess,communicatewithcustomersregularly,andcollectneedsandproblems.
ImplementingRuleforHierarchicalClasifictionManagementfQualtyProlemProductRiskManagementMeasureQualtyrv
mentManagementMeasureslntegratedProductDevelopmentProcedures,Non-confrmingGoodsManagementProceduresandtherEstablisprojetmanagementmechanism,activeycarryoutcustmertechnicalexchanges,andprovideprofesionaltchnica
systematicdocumentstobuidqualtymanagementsystem,andtfullymlementhemainresponsibityofproducqultysolutionsforcustomers.
huzhouCRRCTimesElectricCo.,Ltd5ociatResponsibilityandEnvironmental,SocialandGovernance(E5G)Report5ociatResponsibilityandEnvironmental,SocialandGovernance(E5G)Report
CSupplierManagement
-0LeanR&D
BasedonPfrewrk,productdevelopentisficentandcllaborativrelingthwholercemanagementfsysSupplieraccessandmanagementsystem
component,veneerandsofwaredevelopmentandconstructinganecologiclenvironmentfR&Dinfrmatincollaborationwith
PLMasthecore.
Supplierfulllifecyclemanagement
ProductdevelopmentstityfolwstheDouleVmodel,andproductdevelpmentquaityisensuredthroughtestingandvali
tionactivitiesatalllevels.TimesElectchestablshedcomprehensvesuplemanagementsytandmementedsuplefcycemanagementcovrin
supplerdevloetneifictlasificnndrelatonshpnaet,quicntticndcostmanaentve
Constructmaterilfullifecyclecontrolprocesmaterialchange,substitionefecthandlingcomprehensivecontlmanagement,peformancemanagementandexitmanagementwehaveformutatedspecifictionssuchasupplerAdmsionMane
mentPrcesulrfrmncEvaluManementrcessuplerualRevwMnemetessupClasc
Verifyandomlzetheposivdesigresultstetimnatqualtyprolemsfmthourceandmproveprductqualty;ldentfyManagementProcessanduplferWithrawalPrcestoopimizethmanagementfthewholelfecyclefsupplierehavals
insufcientmarginsandpotentihiddendangerfelecronicprodutdesiginadvncethroughhardwarewhite-boxandestablishedstanardizesupmanaementsysttensurthestlyanreblifousutethruhressecifc
btack-boxtestingtoimproveproductdesignquality.andmanagementmethodstoachievecontrolatallstagesofsuppliermanagement.
StrictycontrthequaltytroughTRtechnicalreviewmlementontrlelementsandriskclosuretoensureprocessqualty;fully
utizexpertresourcestonroltheevaluatin,elyingonthechecklistomlementevaluationelementsndopimizevalut
quality,
SupplierManagementProcess
-LeanManufacturing
Onlineregistrationandsupplementofenterprisequalificationinformation
BasedontheusfERPMEandothertechnologiestoestablishstandardized,refined,inteligentproductiomde
Ensurethequalyoftechicalstandardsthroughproductengineeringcapabiltyndewproductintrduioncapbilty,onthetechnicalstatusfproductsthruhqualygatevaluatn,andutmateensurethestandarqualyfmassprodctFormulationofnewsupplierdevelopmentplan
operations,
AdoptDsilatinasseblwiingandthrviuamnfatringtchlgiestverifyproductdesinidentfyrikiSigningofcooperationagreement(includingConfidentialityAgreement,QualityAssurance
advance,andformoperationstandardsforplatformmanufacturing.○Agreement,SupplierCodeofConduct,SupplierAccessandCooperationResponseAgreement,
IntegrityCommitmentLetter,etc.)
Combinedwiththediferentstagesoftheproductechnlgystteofthetargetemand,targeteddevelopmentfasmly
testing,nspectionndotheroltonstachievethequalty,cost,delivery,sfetyandtimalperangstandrd
Implementationofon-sitecertificationofthesupplier(on-sitecertificationofthesupplierfrom
Estblsutmatproductionfutyguaanteethconsistenyfproductprocesingandlayngkyfoundif○thethreedimensionsoftechnology,quality,andbusinessandspecialauditscoresofthesupplier
zero-defect”productprocessingquauty.intheareasofenvironmentandlabor)
Supplierrectification
-0LUREEN
Approvaloftrialproductionsupplier
鲁Basedonthepost-lifecyclemanagementofproducts,buildthewholeprocessofproductdelivery
warrantyservice,qualityexecutionandproductoverhaulbusiness.Approvaloftemporarysupplier
鲁PromoteLUREENtoachievezerotimedifference,zerodefects,zerocomplaints;managementstandard-
ization,operationstandardization,businessinformationization.Approvalofqualifiedsupplier
Establisharefinedcustomersatisfaction-orientedservicesystem.………………………………………………………………………………………………
Morethan700professionalserviceandoverhaulteamshavebeenestablished,with372productservice
sitesaroundtheworld,11offices,2overhaulbranches,and1overseasofficedeployed.inordertenurthasuehvqualfqualfictnrmawsuplierfictinfuplndfl
NewSupplierDevelopmentProcess,stanlardizesthemeenofon-siteinspectionofsupplieraccess,andcarriesoutacomprehensive
Basedontheprincipleofonevehicle,onefile,oneitem,onefile,buildMROdigitalfilesofafter-salesasesenftsupbasicqufctnaliteelivrydervicanaetcosmanemntrcuremn
serviceproductstorealizethedigitizationandstructuringofservicedata.supliemanaeent,ckainndtansrttnament,uleeviment,heathfemangement(Hndrrt
socialrespnsbiThassementwifusnesCerficaionetecicatricneranQultciatinew
alsoconductregularproductaudits,productionproessauditandmanagementsystemauditsforourexistingsupplie
Ourcompanyestlzr-twrkshpqualtycle,ndactvytquaiacvsncldingqualintistOurcompanyhasforulatedandreleasedSuperAdverseBehavirandBlackistManagementMeasurandSullerQualtyPerforc
quaiynqualydsttslnlysquieequalntyne-deetoqulandClaimManagementMesureststandarizethedisiplinrstandardndworkfowfdefautandreachftrustehavirfsu
sharinginthmorinmetin,ttostulatetqulnaemetftwhlestffanduaantethequaltyofthprterstguidethesuestpfrmngdfattgurdinstprrmntsndtjoinyfgurdthkeenvi
processjnallaspects.ofcleanlinessandfaircompetition.
ZhuzhouCRRCTimesElectricCo.,Ltd.ZhuzhouCRRCTimesElectricCo.,Ltd.SociatResponsibilityandEnvironmental,SocialandGovernance(ESG)Repr
Greensustainablesupplychains
TimesEleticertrancetgreendsustainblschansgiin,estbisheusinlru
chainmanagementstrategy,andextendsthemeasuresverticallythroughouttheentiresupplychainline.
TheprocuremetifmatnthatTmesElectricprovidetosuppencludesenvromentequirementsuchasthusfhazardus
substanceandthusfyclamatrilAcrdingtACHHndthelwnegulaionawell-mtalriCase:SpecialAuditofPVEPCProjectProcurement
alandndiazardousubstancimtsforolinckTT39-20PrhibitednRestictedutncinaiwayran
tinEquptProducteterlssndandtherelevatequiemntomarypeifetheeqirmetfprhibteFocusingonnewbusinessforms,ourcompanyconductedspeialauditonprocurementofPVEPCprojects
restritedsustncsttlthqualfrwmriavslarndreslstinwftxithroughdatareviwandwalk-throughtest,andformedaspecialauitreportwhichraised27issuesndmad
hazardouubtanceintthralwayMeanwhilfrveeasrjectweonmatrilinaccrdancwitCndHeqisuggestionsforimprovementWeregulalyfollweduptheclosed-loopsituationoftheproblems,andpuforward6
ments,andrequiresupplierstoprovidematerialsthathavepassedRoHStestreportandSVHCtestreports.armendmentsuggestionstothenewlycompiledPVEPCProcurementManagementMeasures,whichmprovedthe
standardizationoftheprocurementmanagementofPVEPCprojects.
AsaleadingcomaynthfiedfnewenergymesElectichaeenommitedtbuidingefent,relialeanwin-winsulyc
ecsystemThrougeriesfuplanaemntinitvndcertincieweprttentgatnfsuplreur
andempowerourpartnerstosharesuccessandgrowtogether.
TimesElectricactivelcrlsoutonianagementralnngforsutecoveringqualfctimnagemetqualnaeet,integrtyandsetdispinmangement,tmprvethmgementevendbusinequlyfsuplerweestbliswiwinCCustomerRightsProtection
coopertmdeetweenthpanynditsupliersmhasiingtmprancfcolloratvnnvatnqualtcnl
sharedvalyseletingnecizingutstandinuewetvthtrverrvlevlndctquty
worktogethertohuildasustainablecostreductionandhighlyreliablebrandedsupplychain.Emphasisonqualityofcustomerservice
TimesElecicstityfolwPrducQualtylwfteleeulfhnnhlwndgulanstrvthigquly
developentntcretproductwithbterqualtyhlgheefclencyandstngcmpetvnessincethestbshmentf
“LUREENbrandin004,wehavbeendherngtothesrviceteetfast,fectve,atsfactryndaremmitedtrvii
lmproveprocurementqualityhig-qualtyne-stn-sitservicestoucusenthastenyearfdevelent,cmnyhaniuuslyimrvd
optimizedthcutmrrvicsytadonstrutedglolfe-salerviceworktnsuethatthtusmervway
BasedonthditlqualtycnstuctTeElectchmprvedthprcumetfencndqualytrouhutthrrofivoperatedinaprofessional,efficientandhigh-qualitystate,
aspets:scientficselection,systematicreventin,effectvinterception,back-endmrovementandcapacitsuprt
OurcompayatachesreatiportancetothequaltymanagementfcustomersevceUnderthefmewrkfo9o0,/T22163
OurcompanyhsestabishedcompleteprocuremetmnaementsystemcoveringdemandplaningmanaementsourcingndcqualtymnemetsystemwehavmortedpmanagementdeMM-verviceaabltymatrtyceptnmoe
management,conractmanaementprcurementexecutinmnagementategorymanagementandsupplmanagementrconstructedandprtedaf-saleervicevlpmentanddelveraagmentsystandenperainystemsutblf
procurementprceshavealbeenmanagednlinethroughtwcorprcurementifrmatinsystmAPandRMOucopycharacteristicsoftheindustry.
promotestheaplicatifdiereatequlconmdfnewupleradewmatrialpmzesthaccessbasli
accessrules,mprovesthecompancofaccessulierndmaterials,andimprovestheoverallqualtylevelnrdertensuethftvementftheservicprceslefcusingapmizingfl
serviceanprutveabusneresancaedouttrngnpublfthrftsinvveto
OurcostngthenetcdinfquaisyscyredtseialpesstitynlthutheLURElasesidesucomsfrmulatedreglprcessudimechanisndrcesauditlnrganizdps
rocesstitnlledqulnfriskelfuresditdtursaudisanchckedthemlmenttfpcessesthrghinpeinnspcialuditensuethefntpratfpes
ocessqualitycontrol,andestablthedanewenerqymasspurchasingqualtycontrolmode,whichfurtherreducestheriskofqualityrelatedtocustormerservices,
problems.
TimesElectrictakeUbrandstcorlwayutcusesasfactoninthefislaeandprvidecuserwihlo
andul-nnevicguanFrnssfactyfackfcuserductquavicqualteveyhe
n2023urcyaetlf9suprcesauditprteduperstsngthercesquaitonlestb
aneweneryhg-vluprcumentqualtycontromd,ndcariedoPconkeymateriatstmmentfresourcemmetcomlanthadipreswerequirrelevatepmentandersltquiklyesndanl
preventioendutdincmincheckfunctnpeti9athfprdutandsuccesfuyreneoucfcomplaintisunaccrdncewitTeseticusteoplainMangementProcesurcpayrisstrespondatf
problematicmaterials,andinterceptedatotalof8B6problematicmaterials.timewhenthustmriniatebusineslaandsolthn-sitrleminhoursthatthcusmrabasuedd
satisfied.
2023wefocusPprhndngandhysicaquatmveent,caedototlfcatryectfictnl
projectsplandandprte4anarvemntmatrialqualrveentfsule,ndredcetnumffTimesElectheitetimpvgtqualfcustmrercwittglfeingcusmneeddenhncustomersatisfaction,andcontinuestopromotetheimprovementofcustomerservicequalitythroughthein
failuresinTOPcategoriesby20.56%comparedwith2022.Dlererttaonorcustomear
nentprojectsandtheuseofinformationtechnologymeans.
Athebuinesmnagmetevemeeiclarfescusmdefiniondestbliheuseclasfcndgraingne
ndardsbysortingoutthecustmerlist.Throughthemainresponsibilitysystemofregionalmanagerofregionalcustomermanage-
nent,whaverelzedtheprecisandfinmngentfcustmthisiniatvsresltedioretargetedandsecial
Sunshineprocurementu5t0omerservicethatisabletoaddresscustomerclaimsandproblemsmoreeffectively.
AtthepltosupportleveesElecticusinfrmatintechnotrealzethesyncronousmanagemntfthPCteminal
TimesElecticcentersroudcmarystteyandbsnejetvsdepensthonsructfntdartanttmobiletmnlfcustmrvithintnlystegthenstconrlfthteinesffinwrkrdersfcuservisl
wanttdwrkinchansrvesrveithfusontlshminupervisrtiesthughouthwlmprvestleneftenmentyfcusrdennthftvenefprleihss-lt
proces-denterhazhenvl-oy-rces-syssprennmechanisigificymvefnftxcutnmanetfcussitvistndsnglprtei
system,andcallonalldepartmentstoparticipateininternalcontrolwork,andeffectiveresolution.ofcustomersiteproblems.
huzhouCRRCTimesElectricCo.,Ltd,SocialResponsibilityandEnvironmental,SocialandGovernance(EsG)ReportSocialResponsibilityandEnvironmental,SocialandGovernance(EsG)Report
Throughthe2023program,TimesElectricorganizedandexecuted
morethan1,400on-sitecustomervisits,increasingtheexecutionrate
from90%tomorethan97%.Thecustomerfeedbackissueresolution
closureratealsoincreasedfrom90%toover99%.Weorganized110
customerservicequalitytrainingswith2,485participantsand2,640中车学
traininghours.Inaddition,thecustomerservicesatisfactionsurvey
evaluationscoreforthisyearreachedmorethan90points,andthe
completionofallindicatorsexceededthelevelofpreviousyears,Case:Recognizedbymanycustomers
realizingaquantumleapinthequalityofcustomerservice.
In2023,thefirstJakarta-Bandunghigh-speedrailwayexportedoverseasbyTimesElectricformalycariedpassen-
qersand,onprated,whlch,washiohlvfecnonizodfrcfivemajormainenginemanufacturers,fullydemonstrating
thecompetitvenessandinfluenceofTimesElectricintheinternationalmarketDuringthereportingperiod,our
technicalteam,projectmarnagementteamandafter-salesserviceteamperformedwellinthefieldfraitransporta
tionproductsandnewenergyproducts,andreceived25commendationsandrecognitionfromcustomers.7
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withhigh-end,high-efciency,hig-qualt”developmentasthegeneralrequirmentsinformtionization,digtalzatn
intlligenceasthediretinfdevelopment,tobuldprfessionalefciet,standardserviceverhautetworkndt
implementexcellentservice,providingprotectionforthedevelopmentoftheindustyofproducts+servicesC
R&DDrivesTransformation
ServiceTechnology
Followtheservicetenetoffast,effectiveCarryouttheconstructionofdigitalserviceClntellectualPropertyProtection
andsatisfactory,andcontinuouslycapacityofthemaintenancetechnology
promotethestandardizedservicemode,platform,andestablishaninformatized,TimesElectricstictyabldesbyPatentLawofthePeolesRepublcfChinaTorLiabitLwfthePeoleRepublicfChinaEntpri
digitizedandintelligenttechnologyplatform.IntelectuaPrertManagementtandardndthrlevatlwandregulaonandforulatndcontinuoustymprventect
ProperyManaementMeasuresndotherseriefmanagementsystmsandguidingocumentsfrthprotctionofinteletualprert
rightsmtrvethlosfinngibeastfintertyrhtrtthigtndnestfinctl
Excellentrightsencourayestnventandcretgivefulaytthpositivrlfintlletuaperrgtpotinnvt
servlceprotetingtmrkesctycheckthneestnrenblenesfinlletulrerrightpicndfurhesndardiz
intellectualpropertyrightsmanagementofourcompany.
OverhaulModeIn2023,urcompanyrevisdandimementedntelectulropetyManaemetMeasureswhchstpulatesthathetechlogymana
Optimizeresourcestoimprovequality,carryoutconcurrentoverhaul,andmovefrom”high-speedoverhaultoExpandnewproductsandservicemodesinnewindustries,providenewvalue-addedservices,andestablishacostingmodetformentdepentimainyrepnsibforthereonprottinizanandmanmetfourcmayintllctualroperhtandtherelatdwork;theuditandriskonrleptmentthesecurnlegldpentthefinanceentr,thehareoudepaent,wellbusinesivsortvnsblrlleualreyanonstdislaetvu
"high-qualityoverhaul”long-cycleprojectstolockinthemarket.introductioftalentsappraislandthrelatedworkfouomanylntlectulPrperManaementMasuresalsotpulth
specfcontntnddepyentquimentfintlctulpeytbncreatrtcto,izannaemtwi
andassessmentworkofourcompany.449patents(includingforeign-related)wereappliedforbyourcompanyin2023,
Researchoncustomersatisfaction
TimeslecticonductdcusmesatisfactionsuveyfAugustteptm3Thesurveycoversthefieldsfraitranspr
productsandnewenergyproducts,includingmainenginemanufacture,metrocompanies,locomotivedeparttnts,aswellasPowerChina,Case:Conductpatenttrainingcourses
CRPower,andCentalouthehnElewerDesnnstraltrnprtionprdctmsEletricset33quesonnalret
custmerndcoltwitheovytf8%frwnergrdutqesnnalrweetustmnerln2023,ourcompanyrganizedmorethantentrainingsessionsforful-timeandpart-timeintelectualpropertystaff
collected,withareturnrateof85%.ofeachdepartmentandtechnicalpersonsinchargeofkeyR&Dprojecteams,whichcoveredvarioustopicssuchs
theimplementationofmanagementmethods,thewritingoftechnicalsubmisions,theplanningofpatentlayout
Theresulofthisustmersatsfactionsuveyshowthatmeslectriexternalcusmersatisfactiomeasurentscorefor23is93.andtheusefsearchtools,etc,tosystematicallymprovetheteabusinescapacity,andorganized6futme
whichismuchhigherthanthetargetvalue.andpar-timeintellectualpropertystfftocarryoutskillscertificationexamination,andallofthempassedthe
examination.
nresponsetusmerfebackTmesElectiqualymanaementepamentwifowonhyotfctnproresechasmt
improveisunensurqutynthcusessfactinuvesuvynthereslutfisuewiddetonus
improvecustomersatisfaction.
ZhuzhouCRRCTimesElectricCo.,LtdSocialResponsibilityandEnvironmental,SociatandGovernance(EsG)ReportSocialResponsibilityandEnvironmental,SociatandGovernance(EsG)Report
PromoteIndustryTransformationForthetransportationfield,ourcompa-n2023inrertacceleratthprocesfdigtltnsforminTmslectietudtgvernancepetfTelecinfmatenteazdigtaspnnthwhlesfprionrmtdgvenn-di
nyiscommitedtoupgradingtheanalyss,prttmanemetfquantvandacuratanalyssancosedtinefcieyinllasectdentyg
digitallzationandintelligenceofrall
benchmarking,andempowerbusinessupgrading.
transportationequipmentandbuilding
ourcompanyativeyespndstheiatonaTearPlaanindustrialecosystemtocreatetechni-IntermsofsystmmprovmetTimesElectrichaimrovedtheprincilefpubisinandreviewingtheinfrmoncompanywebste
developmentplan,graspsthemainlinecalbarrierstomeetthechallengesoftheaswellasthespecifcrequrmentsforwebsteperatnandmaintenanceacordingtthedigtlovenancesystmsuchaebsiteCustr
develconstructionoftheworld-classent,aimsatacceatingthenyfocusesonlow-carbonandzero-car-industry.Intheenergyfield,ourcompa-OperationndManagementMeasurendVisualdentySysteManaementMesuresfurhermementedthbrandbuidingworfCRRC,andstngthenedthwrkequirementfcpanyexternawebitectustrincludinunfedimageunifeelynt,fe
professionalleadingdemotrationboncleanenergyequipment,includingstandardunfeanaenttensurethsecurtysbiyandconrolfwebstconsunndfurhernhancepanyext
enterpriseandthecreationofsciencethedevelopmentofcleanpowergenera-lmage.
andtechnologyreformdemonstrationtionandlow-carbonapplications.
se,andlaunchesthe"wisdom
&CarbonPeakingandCarbonIntermsfpcespizatnTmeslectidigtltransfrmworkfowthr-ststegyredthdfrst,thnn
Neutrality-TwowheelDriveDevelopcriteriaandstandards,andpromotebusinessimprovementandincentiveassesment:
nentPatternwiththedigitalized
electricasthetraction,focusingonthe
lizationandintelligentupc
ofthetransportationandenergyfieldsaswellaslow-carbonandzero-carbo
cleanenergyequipment.
lndicatorguidance:Data-driven:Changeandintegration:
useindicatorstoaccuratelyusethecharacteristicsofdataoptimizetheautomaticgeneration
√andprecisetylocatedigitalobjectivitytodigitizeofdataforbusinessandexecution
targets;useindicatorstoindicatorsandpullbusinessprocesses,andimprovethequality
Ourcompanyanalyzesmeasureandguidebusinessimprovement;andbuildandigitizationtoachievethegoalsofimprovedoperationalofdataandbusinesslTquality:integrateorganizationalchange,
theindustrypainpointsindicatorsystemthatisperformance,enhancedperformancechange,talent
andinternalandexternalsystematicallymeasured,capabilitiesandimprovedstructureoptimizationandother
challengesof thesixnajorpathsofChinasmoothlyarticulated,clearlyperformance;worksegments;andintegrate
Railway,urbanrail,newdirectedandcleartyoriented;processresources,dataresources
energyvehicles,newandITresourcesasawholeto
energypowergenera-strialconverter,Jointlyservedigitaltransformation,
marineenering
equipment,andgrasps
thewindowperiodof
rategicemerging
dustrydevelent,
ayntumtojointhe
industryleaders,andMetrics
establlshesthebreakdo
advantacuspositionwisdom,ourcompanydrivesthedigitaLupgradingofrail
fordevefopment.transportationproductsandservices,vigorouslydevelopsT
intelligenturbanrailandturnkeybusiness,completesthekey
入leaptosystemsolutionprovider,andhelpsthemainbusinessof
railtransportationtoscalenewheights.TakingthemomentumDigital
of“carbonpeakingandcarbonneutrality”,synergizingwithIGBTandsensors,converterandelectricdrivesystem,PVandtractionfinancedata
windpower,ourcompanywillnavigatethegrowthofscaleandInordertobetterimplementthe
efficiency,andbuildanewhighgroundofnewenergyindustry.digitaltransformationworkiscarriedoutthree-step”strategy,TimesElectricDigital
stepbystepinaccordancewiththemarketing
six-dimensionalstrategicinitiatives,whichare:digitalquality,digitalafter-sales,Digital
digitalsupply,digitalR&D,digitalmarketinganddigitalfinance.TheElectric
six-dimensionalstrategicinitiativesDigital
complementeachothertoformavirtuousafter-sales
心cycleofdigitalization.
Digital
PromoteDigitizationving
supply
TimesElectricgraspsthmaininfhig-qualtandhig-efcencydevelopentaimtaccleratingtheconstrutionfwordclss
profesionleadingenstratnentrprisandtheefscieneandtechlyrfmdemnstatnenrprs,raspsthr-
tunitesf“widond“caronpeaingandcarnneutait”sttegy,andtakesdigtalzeeleticasthetractionan“infmtz
tion,digitalizationandintelligence”asthedevelopmentdirectiontoimplermentexcellentservice.
GreenDevelopmentandBuild0404
aLow-CarbonFutureTogether
Asaleaderintherailtransportationindustry.TimesElectricplaysa
pivotalroleinspearheadingthegreenandlow-carbontransformation
ofthesectorandaddressingclimatechange.Weareactivelyenhancing
ourenvironment,safety,andenergymanagementpractices,continual-
lyimplementingcarbonemissionmanagementstrategies,pioneering
low-carboninitiativesinrailtransportation,fosteringagreenersociety,
andmakingsignificantcontributionstowardsachievingthegoalof
"carbonpeakingandcarbonneutrality”
4.1SustainableBusinessProducts61
4.2MeliorateEnvironmental
ProtectionGovernance63
4.3ConstantGreenOperation64/
4.4PromoteEnergyManagement66\0
4.5ResponsetoClimateChange68
4.6EnhancePollutionPreventionand
ControlCapabilities78
13
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ZhuzhouCRRCTimesElectrlcCo,,LtdZhuzhouCRRCTimesElectrlcCo,,LtdSocialResponsibilityandEnvironrmentat,SpclalandGovernance(ESG)Rep
交
SustainableBusinessProducts
independentinteligentdrivesystemintegrationsolitions,spanningfromthepowergenerationendtothedrive
end.Over500setsofthesesystemshavebeensuccessfutlyimplementedandexpctedwithvehiclestovarious
countnesandreqions,includingAusrala,lndoneslaMonoola,theDemocaticRepublcotheCongo,andmany
Theongoingscientfcandtechlogicalrevltonlongsideindustialchangesarreshapinggloaldevelopent,highlightith
significancefintlientandgreenindustreEmracingtheprofoudadvancementofthecaronpeaingandcarbnetaitstryothers.
ourcompyzestpruiprentysusnletsrtnrennegyrdedicatdtexinth
fourprductdgrtechlolpaularinthrelmfansorttinadenergytcorfocuneergyfieyn
renewableweyeliveingefcientandsusnlprductndsolinweimtupprbtcietyndoustmeriniActivepowersupplysystem
amoresustainablefuture.
Theactivepowersupplysystem,utilizingbi-directionalconvertersandenergyoperationcontroltechnotogyenales
theadjustrmnentandscheduingofDCcontactnetworktrenddistributionalongtheentireline.Thissystemplaysa
crucialroleinstabilzingDCnetworkvoltageandenhancingtheoverallenergy-savingrateofthesystem.Lines
dwiththisactivepowersupplysystemcanachievesignificantenergysavings,withanaverageof1,2o0kwh
sfelecticitysavedDerstationDerdav.Thistanslatest0vearlvreductionof436.686kilgtamsfcarbondioxide
ionsand13,140kilograrmsofsulfurdioxideemissions.
Greenpowermover:PVinverters
in2023,ourinvertershipmentsexceeded10Gw.By2025,theannualgreencleanpowergeneratedbyPVpower
stationsreached1285billondegrees,resultinginsavingsequivalentto4216miliontonsofstandardcoaThs
achievementalsoledtoareductionof12816miliontonsofcarbondioxideemissions,3.83miliontonsofsutfur
dioxideemissions,and2miliontonsofnitrogencompoundsemissions.
Train“greenheart”:permanentmagnetsynchronoustractionsystem"Sourceofelectricity”inithehydrogenenergyera:hydrogengenerationpowersource
Implementingakeystar-stopmechanism,comprehensivesensingcapabilities,rapiddebuggingprocesses,and
ThePermanentMagnetTractionSystemboastsanimpressiveenergy-savingratofupto30%.Utizingthissysteminhealthmanagementprotocolssignificantyenhancetheinteligenceoffactoryproduction.Thesefeaturesenable
asubwaytrainonadallybasiscanleadtoareductioninemisionsby1.oo0kilogramsofcarbondioxideand3
kilogramsofsufurdioxideAdditionally,eachtrainequippedwiththistechnologysavesapproximately40milionfastresponsetimesandperfectadaptationtothefluctuatingdemandsofthenewenergygrid.
degreesfelectricityannually.Thegreenemissinreductioneffectisequivalenttoplanting100squremeterf
broad-leavedforestThissystemhasbeensuccesfutlmlementedin16citiesacrosover30projects,totaing
over490trains,showcasingitsremarkableenergy-savingimpact,HVACgreen“energy-saving”:tPowerseriesairconditioninginverter
Leveraginghigh-speedrailtechnologyandcustomlzedforthecentalarconditioningIndustry,oursolutioneffciet
tydrivescentrifugalandscrewcompressorswithinavoltagerangeof0.4-10kvandapowerrangeof75-250okw.By
Green“CPU”:crimpedlGBTdevicesorporatingairconditioningrefrigerantcooling,weachievearemarkablvolumereductionof50%.Theinnovative
onboardstructureensureszerofootprintofferingaddedcorvenience,Ourgreengridconnectionguarantes
monicsbelow5%,meetingthestringentpowerdistrbutionrequirementsofdatcenters,banks,andprecislon
All16setsofmegawatturbinegeneratorsetsattheBaihetanhydropowerstationhavebeenfulyoperationlizedequipmentrooms.TheseproductshavebeensuccessfullydeployedinmajornationalprojectssuchastheGreatHall
ThisstationservesasacrucialcoonentofChinas"west-to-EastPowerTransmissionProject”energystrategy.withofthePeopleandtheHongKong-Zhuhai-MacaoBridge,withacumulativeinstalledcapatityexceedingTGw.This
rcompany’ssemiconductordevicesaccountingfor60%oftheprojectsshare.TheBaihetanhydropcwerstationishascontributedtover30%energysavingsincentralairconditioningandayearlyreductionofmorethan2million
orojectedtomeettheelectricityneedsofapprokimatety75milionpeopleannually,replacingaround19.68miliontonsofcarbondioxideemlssions.
tonsofstandardcoalandresultinginareductionofapproximately52miliontonsofcarbondioxideemissions.
Atomwork-classunderwaterrobot
Giant“lowcarbonheart”:electricdrivesystemforminingtrucks
Sincethedetiveryin208,oursolutionassuccessfultycompletedinspectionandmaintenancetasksforsecable
Theelectricrivesystemforminingtrucksisdistinguishedbytmphasionsafety,higheffciency,ndthreccingInwaterdepthsrangingfrom0to100meters,evenlnharshandcomplexmarineenvironments.Theseeffortshave
ofbrakingenergy.Ourcompanyspecializesindevelopingandmass-producingacorensiverangeofintelalignedwithourannualplan,significantyreducingoutagetimesinnetwrkingsystemsandeffectiveyensuringth
electricdrivesystemproducts,rangingfom50tonsto400tons.Weoffrtheminingindustycompleteandfulyelectricityneedsofislandresidents,aswellasprovidingpoliticalpowerguaranteesndmeetingotherelecticty
demands.
ZhuzhouCRRCTirmesElectricCo.,LtdSocialResponsibilityandEnvironmental,SocialandGovernance(EsG)RepdSocialResponsibilityandEnvironmental,SocialandGovernance(EsG)Repd
CEnvironmentalmonitoringandinspection
AmeliorateEnvironmentalProtectionTimesElectchsestblshedsctionMangementMeurstnutegularetinfpotenilacldenthazardd
withinthrtiprceshgolistassesststusfthehazardnddtsenurthmentanfouranyH
Governancegoalsandtargetsandmaintainsafeandrderproductinperationensurerdeysupervisionfenvironmentlprotctinhe
peatonandmananementdeartmenttadenionsaninnddevelpomentdearmentandathedeartmentsrresnsie
supervisionnsectionydentifiehiddedngesdingteinsetircesadresdandretfebyl
accordingtothefiveimlementatonsprinciple,whichincluderesponsibilities,funding,time,measures,andplans.
CEnvironmentalmanagementsystemDuringtheepingpeidoumanycndutetwspecialispetinsfocuseneviomentalprtectioheinsetinf
calvtarcetectteorenticnofen)entalprotectionfacilties,themonitoringofpollutionfactorsattheexitofthesefacilities,management
DfhazarJouswastnlingthlist,transfreder,ancouponsqualfcafhazardouswastdisalnit,ringnv
lncompliancewiththeEnviromentalProtectionLawfthePeoleRepublifChina,waterPolutionPreventionandConotLwfthe
PeoplesReublcfChnairPoltiPreveninndConlLwfthPeoleRepubicfChinLwfthPeleReubicfChprocedurwellastragearefhazardowstdenehideprlemerrptmicaternfrrecc
indclosiJreofthelooptoeffectivelypreventenvironmentalsafetyincidents.
onPreventionndConrlfodWastePolltinoftheEnvironment,LawfthePeoplesRepublcofChinonPreventionandConlf
EnvironrnentalNoisePollution,LawofthePeoplesRepublicofChinaonEnvironmentalImpactAssessrent,andLawofthePeople'sRepublic
ofChinaonEnvironrntalProtectionTaxes,TimesElectrichasdevelopedEnvironrhentalProtectionManagermentMeasures,Thesemeasures
areaimedatpreventingandcontrollingwaterpollution,airpollution,soldwastepollution,andervirontalnoisepollution,whilealsoOEnvironmentalprotectiontraining
protetingandimrvingthenvirnmnyadheintthselawndregulansesElectricsekstfutltscialesponbiry
enhancecorporateimage,andpromotesustainabledevelopmentToreinfrcetheconeptfgreendevelopnt,nhancethenvironmentlwarenessmngcmpanyleadersndemloyees,andminz
environmentalacident,wehaveestablishedHSTrainingManagementMeasurestodrivetraininginitiativeswithinourcomany
OnDecem2TElectrtshedquerlngwithtsubsdiacmarhuzhouTieElectnicTechlg
HunanCRRCTimesCommunicationSinlCoLtd,btinedthelatestcerficaionforthe400environmentalmanagementsysteuringtrineidwanedfrelevantersltpiptntingsesnrgzedbthuzhouclgi
(UKAS+CNAS).ErvironmentBureaThsesionscoveedstandardizedmanagementfhazardouwaste,techicalsecificationforidenfict
marking,dwastnaementnaditnfetyAddinlywetkcolgicaenvirnentprtectintinngprvie
CRRCGroup,Furthermore,weactivelyengagedinactivitiesfor"woridEnvin0tDavtoenhanceheawarenessrfenvironmentalprotectior
amongouremployeesandincreasepublicaenessonenvimentalissues
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十@
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CGreenmanufacturing
TimesElecticimittdtacceleratnggremafactingbmlemenngreemafactringprjectmsingalistchv
caronpeingandcarnneutaityandwactvelyrmtegreenernwinocmparyWestivtecethprr
supplierIGBTdevicesinthefieldsofrailtransportation,newenergyvehicles,andindustrialnewenergy
CEnvironmentalrisksandopportunities
InFebruary2023imesEleticwarecognizedsthe202NationreenSulyChainManagemetDenstrationEntrprise
Semiconductor,asubsidiaryofTimesElectic,washonoredwiththetitleof“NationalGreenFactory”
ldentificationandcontrolofenvironmentalhazards
TimesElectrichasimlementedManagementMesuresforEnvionmentafactorndHazardousoures/TE01)tsystematical
dentifyenvironrmentaltactrndzaoussourcesslroductseviceactviteerneaneuimentwitinuomnyGreenpackaging
Thesemeaurdeietevosisksoiatdwiazardouursbrenifridenfinhazardouur
andouipredurforidenyntwinurganizatnhappracenbleustofectvelycaroutrskneauredTimesElecticactvelymentsthstegwiinthpackaingindustywitightackaginathcrpiniphs
providesasolidfoundationforformulatingrelevantenvirormentalsafetymanagementobjectivesandprograms.encompasssight,educeturnableusecyleecveranderadabldesignanddevelpentcnceptyinc
ratingrecyedligtweghtckainwflttgreentansfratfupckainpraticminimizetherirnt
impactofouroperations,andcontributetothesustainabtedevelopmentofourenterprise.
Riskandopportunitymanagement
ToensurethestableandsustainablpratonfourcompanyTmesElectrichmlementdomprehensiveiskmanagementsys
ErvirontlhelhndsfsnprusfruialcnentfuvlriskprofhnclukRecycledpackagingapplications
opporunistngfenvietlfcorhazardsliancbigtonsnchangeuhewpreestchlgie
quipnt,ctdtervnrglyrquimntprrztnagntfenvmntlsn
tieswitheachdiviinomnyidefinnevlutheeasectincrdancwithmangulanhfiniOurproductkainprrizethufreylablmarilncluinlndlasxndincrpratackagingmef
thersubitettuditndrisontleentfreviwytmanagemt,andapprpritriskormeasureremetrecyclablewmarialhispproachamstrtthfcentutlzatifreourceanmiigatenromntazd
edaccordingly.
ZnuzhouCRRCTimesElectricCo.jLtdZnuzhouCRRCTimesElectricCo.jLtdSocialResponsibilityandEnvironrmental,SocialandGovernance(ESG)Rep
0
Case:MetalandplasticboxesPromoteEnergyMandgement
FollowingthecomprehensivedirectivesfromCRRCIntelligentLogistics,weinitiatedthe
adoptionofrecycledpackagingin2018.Asofnow,ourshipmentstoZhuzhouMachineryTheglballimatesentsificanthalengewithenegycnservancaredtincostredctindefcenyna
Company,QingdaoSifang,ChangchunChangke,andDalianFactoryformovingcarsanderinrcproriesfrentrprisdeveentmesElectchmracedtherepnsitencontiuestsrengthes
urbantailprojectshaveutilizedbatchapplicationsofmetalandplasticboxrecyclingpackag-energymanaentystefectivelfufinthanyenergnaemetblgatondedingleitntrl
ingproducts.Thisefforthasresultedinanannualredluctionofapproxirmately82tonsofwoodotherenergysurccnsuminurentyoumpanyoldsenergymangementsysemertficationwehaventrt
consumption.energymanagementintudailypeaionlpracticndmanaentevluaticrriaestbishingasesmntbjectiven
energy-avingstrateqjiesAfthreprinperid,ouannualcomprehensivenergyconsmptinp0oyufoutputvl
aountedt0tnfstandrclsurasingtrgetftnfstandarcoalemnstngusuccesfueerus
achievement.
-OCase:Newmaterialpackaging-intelligentturnoverboxOurwatrnsmrelicipaatruppiywiusafcusdninusialcolin,eingndestwf
researchprodutionndperatonensurfcientwatemnamentnminfmizwastagecmphaimemnt
comprehhsivewateresourcemanagementsystemandcorresondingstandardopetngprocedureacrosalmajoroperatlonalsite
Weareactivelyadvocatingfortheadoptionofintelligentturnoverboxes.TheseboxesareDuringthreringeridwetveyenggedwatr-vinginiatvechawtrendenstrlindwt
craftedfromanewmaterialcalledbambooplastic,wherebamboofibersareaddedtothetesting.lnrecognitionfourefforts,ourcompanywashonoredasaWaterSavingEnterpriseinHunanProvincen2023
HDPErawmaterial,ensuringboxstrengthwhilesignificantlycuttingproductioncosts
comparedtotraditionalplastic.Additionatly,thechassisisequippedwithvarious5ensorsTimesElectrchasconsistentyemracedthprinciplefsustinabldevelent,mhasizingtnlytheredtionfouenrg
capableofcollectingposition,opening,temperature,tilt,vibration,anddropdata,ThebatteryconsumptinandreourceuizatinbutalourignifiantontbutionstthenewenergysectAsakeyplayerinthePVinvertarket
lifecanlastupto6-Byears,providingthetechnicalfoundationtosupporttheeficientrecyclingofturnoverboxes,weleverageurtehlgicalexpertisandthsyergieacroourindustychaintenancprductwedensitydeveln
operationnintenncelutonnddelvruprioructdsecesturcuserruhtheforwetfit
Currently,wehaveimplementedtheuseofinteligentturnoverboxesforpackagingmaterialstheglobaltransitiontogreenenergyanddrivepositiveenvironmentatimpact.
senttooff-sitefactoriesandoverhaulbases.Additionally,aboxrecoverymechanismhasbeen
establishedtofacilitaterecycling,resultingina32%costreductioncomparedtotraditional
disposablewoodenboxes.Thisinitiativealsohelpsreducetimberconsumptionbyapproxi-00OC000200
mately64tonsperyear.
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Throughvativpckaqingdesinurcompanyisletminmizerialconsmpinandwastgeneratwhemtingtned
toprotectourproducts.
sevenenergysavingmeasuresofTimesElectric
个Case:SimplifiedwoodenboxesToefetvymentcanpinndcabnneutltsttgyandfurhrdvanenercnsrvnfrtmechasconductedrehensveeviwfpastenergysavingintitivhiseviwincludeprectsdbyoumanywell
independentynerteehbuneutresutnteidenfcafevnkenergavigmesurhemesur
prmarfocusenuxiiarywersytmndardesigetunivralaicablesopenhavalsev
Inlinewithourbusinesscharacteristics,wehavechosentocoresponinmanageentsystmthmandatesthmlenttftheseery-savinmeasureyalunitwivershtn
simplifythepackagingstructurefortargeandheavyproducts,assessrentconductedbytheheadquarters.
HBulldingupontheoriginalal-woodpackaging,wehavestream-Sincethenrouctifthessevenenerg-avingmesureTmeslectrichaexperencedignifcatimpvementieneyfec
Tlinedtheassemblystructurefromplywood+solidwood”toathroughoutoperaonhesmeasurehaventnlyservedelsfrvaiousdeprentsndbusneunitbthaals
simpler“solidwood”assembily(laticebox).Thistransitionhasintegratedintthdeseviwresfnewprojetndfilcnstrutoncrprtingtesenergyvingpratie
ledtoa14%reductionintaticeboxcostscorbaredtotaditionaldesignstagewecanavldtheedfrcostretrftsnthefuture,thereaximizingcostsavingndperatinlefieny
woodenboxes,whilealsosignificantydecreasingwood○
consumptionbyapproximately42tonsperyear.
EnergySavingMeasuresSpecificPracticesClassicCaseExamples
-OWoodenPackagingandLatticeBoxes
Semiconductorpurewatersystemwater
1.Recycledwaterreusereuserenovation
Ourcompanyhastransitionedfromusingwoodenpackagingforsmallproductstoheavy-duty
corrugatedpaper-woodcombinationpackaging、Thischangehasresultedina26.45%costWatersystemequipmentz.CondensatewaterrecoverySemiconductorMAUcondensaterecovery
reductioncomparedtotraditionalwoodenboxes.Additionally,thecardboardusedinthemodificationsrenovation
paper-woodcombinationpackagingismadeofrecyctableandenvironmentallyfriendly3.Waterbalancetestingand
materials,contributingtoareductionofapproximately30tonsofwoodconsumptionperyear.leakagecontrolTianxinlndustrialParkwaterbalancetest,
firepoolleakageremodelng
ZhuzhouCRRCTimesElectrlcCo.,LtdZhuzhouCRRCTimesElectrlcCo.,LtdSocialResponsibilityandEnvironrmentat,SocialandGovernance(ESG)Rep
0
EnergySavingMeasuresSpecificPracticesClassicCaseExamples
ResponsetoClimateChange
1.HandlingofbasicelectricityOurparkshandleon-demandcharges
chargesondemand
Third-partytradingofelectricityinAlignedwitnlsttgiintvwredttnrwcastgiecoslfcetsfout
Lowerelectricitycosts2.Handlingthird-partytransactionsNingbowithaprimarfocusnmitigatinganddapingtlmatchangefolwingtheguidanceftheTaskFornClmat-RetatedFincl
ofelectricityDisclosuresTCFD)wearectvelyivolvdcimtedisclosureefrhisincludescondutingcmprehensiveanalysesofthrisksnd
AutomotiveDivision,ShanghaiCRRCopportunitiestmmingfromclimtchangesystematiclyidentfyingandprioritzingthesefactorswithinourorganizatin
3.NegotiatingunreasonablechargesTrackelectricitytariffsforresupply
forthetransferofelectricitysupplynegotiationsBuildinguntheefrewifurhedvacereserchanddeveopntititveinrenewbleeerynddrvnnvinao
operatondinlywewillimlmentrbusmangementstatgintudingcanemisinacountandtrgetseti
measuresredesinedtenhanceorbittanaeit-elatedrissefctvyandcalzenpruniireentedbylte
Halogenlamps,fluorescentTesting,manufacturing,semiconductoractionOurgoalisteducecaonemisionsthroughouturentrebuinepresndfostesustinabte,greenevelet
lamps,etc.replacedbyLEDandotherfluorescentlampstoLEDlights
Lightingequipmentretrofitlamps
ManufacturingcenterlightingzoningCSystemsforRespondingtoClimateChange
Lightingzoninggroupcontrolgroupcontrolmodification
Centralair-conditioningfrequencyconver-Governance
lncreasefrequencyconversionstonrenovationoftheCollectingCenter
ModificationofrentralIncreasehostintelligentgroupconitrolsystemSemiconductorrefrigerationstationgroupcontroltransformationOTheuttmatresponsibiltyfrurcompaysESG(Environmental,ocial,andGoveranceefrtsrestwitoustatgandESGcommitteWhaveestablshedthiscommitteetooverseeanddrveuESinitatve,lncludingthosrelattoctimatechangeThepracticesandprogressmadeinaddresingclmatechangewiteintegratednturregularE
air-conditioningequipmentncreasetheterminalintelligentgroupcontrolsystemElectronicandelectricalengineeringbuildingmulti-connectedendgroupcontroltransformationOTheoardofdirectrsservesasthehighestdecision-makngbodyforESGmanagementatTimesElectricandconductsreportfortransparentdisclosureandaccountability.
ChangelithiumbromideunittoelectricunitConversionoflithiumbromideunittoanualaessmentsofcimatechangemanagement.Additfonally,theboardofdirectorsoffceistaskedwithraisingawarenessabouthesignificanceofctimatechange,aswellasmonitoringandtrackingtheimplementationprogresf
magneticlevitationmotorunitinmanufac-
turingcentereachexecutivedepartmentThisoversightensurestheeffectivimplementationofourcompanysclimatechange
managementstrategy-
Real-timeadjustmentoftheSemiconductorboilertemperatureStrategy
Heatingequipmernittemperatureandnumberofboilersreal-timeregulation
andheatradiationequipment
parameteradjustmentaccordingtotheoutsideairReal-timetemperatureregulationoflithiumOClimateTargets:Establshbothshor-andlong-trmclimatetargetsthatrefertotheScience-BasedTargetsiniative
temperature,bromideunitsintheheadquartersbuilding(STi)formisionredutionsDevelopdetailedactionplanstoattainthesetargets,encompassinginitiativessuchs
productinnovation,enhancementsinenergyefficiency,andeffectivemanagementofthesupplychain.
OMarketPostioning:Conductananalyslstounderstandtheinfluencefclmatechangenmarketdemandandadjust
productsandservicesaccordinglytoallgnwiththerequirementsofalow-carboneconomy.xploreinnovativebusiness
modelsuchasfferingenergyeficiencyservicerengagingincarbontradingmarketstocapitalizenmergingoor-
tunities.
Semiconductoraircompressorfrequency
AircompressorlncreasefrequencyconversionconversionmodificationOTechnologicalnovation:Enhancinvestmentintheresearchanddevelopmentofcleanenergytechnotogies.Fostercollaborationswithresearchinstutionsandindustypartnerstodrivetechnologicaladvancements.Encourageur
equipmentmodificationlncreaseheatrecoverydeviceSemiconductoraircompressorheatbusinesunitstointegratelow-carbonconceptsintoproductdevelopment,technologicalinnovation,dalyoperations,
recoverysystemrmodificationandsupplychainmanagement,everagingtheseinitiativestoachievesustainablegrowthandenvironmentalbenefits.
Riskmanagement
ShutdownofidletransformersafterShenyangTimesshutdownidletransformersORiskIdentficatonandAssessment:Imlementreqgularclimateriskassessmentsencompassingphysicalrisks,suchas
loadadjustmentextremeweatherevents,andtransformationalriskslkepolicychangesandshiftsInmarketdemand.Evaluatethe
AdjustmentandStaggeredoperationafterloadQingdaooverhaultestingloadstaggeredoperationfinancialandoperationalimactsacrosvriousclimatescenarios,enhancingourabiltytoproactivelymanageclimate-relatedrisksandopportunities.
modificationofadjustment
distributionequipmentsubstationandlncreasereactivepowercompensa-tionfacilitiesChengduElectricinstallsreactivepowercompensationequipmentORiskMiigatnMeasures:Forulatreslencestratgiesuthasinvestinginclimate-resiletifrasructurpizinsupplychains,andenhancingenergyeficiencymeasures.Establishcontingencyplanstaddresspotentalextem
weatherevents,ensuringproactivemanagementofclimate-relatedrisksandmaintainingoperationalcontinuity
ModificationoftestingequipmentenergyfeederstestingequipmentintestingcenterlnstallationofenergyfeedingdeviceforORiskMonitringandReporing:tmplementaclimateriskmonitringsystemtotracktheeficacyofriskmanagement
heasuresEnsuretransparentreporingofprogressandeffectivenessinclimateriskmanagementhroughannualreorts,
fosteringaccountabilityandstakeholdertrust,
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ZhuzhouCRRCTimesElectrlcCo.,LtdSocialResponsibilityandEnvironmentat,SocialandGovernance(EsG)RepdSocialResponsibilityandEnvironmentat,SocialandGovernance(EsG)Repd
lndicatorandtargetOOurofficelocationstakeintoaccounttheclimateofthe
Long-termclimateregioninwhichtheyare
changepatternshifts,Lowlocated,andwearenot
OKeyPerformancelndicators(KPis):TrytodefineKPisthataredirectlylinkedtoourclimateobjectvesincludingmeticssuchashighertempera-currentlylocatedina
suchasgreenhousgasemissionintensty,theproportinfrenewablenergyutization,ndproductlifecyclecaturesandrisingseaLong-termclimatepotentialriskareasuchas
footprintTheseindicatorsareconsistentlymonitoredandassessedtoensuretheyallgnwithourclimatetargets.WeClimatechangelevels,couldaffectchangecouldleadthecoast.
adheretotheframeworkoutinedintheCDPClimateChangeQuestionnaire,whichprovidesdetailedinsightsintoemissionproductivity,increasetohigheroperating
data,energyconsumption,andotherKPls,aidingintheasessmentandenhancementofourcimatechangemanage-coolinganddrainagecostsandaffectourOInvestinenergy-savingand
mentstrategies,costs,andimpactprofitability.environmentallyfriendly
employeehealthandtechnologiestoimprove
OShort-termandlong-termtargets:Trytoestablishclearandmeasurableclimatetargetsforbothshort-term(1-3years)safety.energyefficiencyandreduce
andlong-term(5+years)periods.hor-termobjectivesmayfocusonreducingcarbonemisionsfromparicularproductsgreenhousegasemissions.
orprocesses,whilelng-termgoalscouldinvolveattainingcarbonneutraityacrosstheentresupplychainTheetargets
providearoadmapforourclimateactioneffrtsandguldeourprogresstowardssustainabilityandenvironmental
stewardship.
Risks/opportunitiesDestription/examplesPotentialimpactsResponsemeasures
OPathwaytoTargetAchievement:Trytodevelpdetailedactionplansoutiningthestepsneededtoreachourclimate
targets,encompassinginitiativessuchastechnologicaladvancements,marketgrowthstategies,collaborationwith
partners,andmore.Establishcleartimelinesandallocatereponsiblitiesamongteamstoensureaccountabityand
succesfulatainmentfourgoalsThistructuredapproachenhancesourabitytomlementefetiveclimatestrategiesTransformationrisk
anddrivemeaningfulprogresstowardssustainability.
Thegovernmentmay
introducenewcarbontax,
StrategyandRiskManagementcarbontradingsystemandHigh
otherpoliciestorequire
Declineinoperating
companiestoreducetheir
income
Risks/opportunitiesDescription/examplesPotentialimpactsResponsemeasuresResponsecarbonfootprint.Withtheglobalpushtowardsalow-carbonIncreaseinoperat-ingcosts○Activelyparticipateinthepolicydevelop-mentprocess,understandpolicy
PhysicalRisksmeasureseconomy,theindustryneedstoadapttonewpolicyenvironments,suchThenewpolicymayresultintheneedforfirmstoinvestinprepareresponsetrendsinadvanceandstrategies.
ascarbonpricingand
carbontradingmarkets.newtechnology
andequipmentand
HighProductiondisrup-OEstablishemergen-cyresponseplans,assets,affectinginvestmentThiscouldleadtoarevaluationofhigh-carbonexpenditures.increasecapital
tionsmayresuttinincludingdisasterdecisionsandassetvalues.
delayeddeliveryofresponseplansand
orders,affectingourbusinesscontinuity
Naturaldisasterssuchasfloods,reputationandcustormersatisfac-plans.HighOOurcompanyoptimizesenergymanagementand
droughts,andhurricanescanleadtoproductionSupplychaintion.OReinforcecriticalincreaseresilienceinfrastructuretoPromotetheuseofrenew-Declineinoperatingincomeadoptsenergy-savingtechnologiesandrenewableenergy
ExtremeWeatherdisruptions,supplydisruptionscanleadtodisasters.ableenergyandlimittheIncreaseinoperatingsourcestoreduce
disasterschaindisruptions,toshortagesofrawuseoffossllfuels,costsoperatingcosts,
infrastructurematerialsandOAdvancedmeteoro-
damage,anddirectpropertyloss,aswellincreasedprocure-mentcosts.systemsareusedtologicalwarningEnergypolicies,suchasrenewableEnergytransformationRisingcostsofcarbonOlncreaseinvestmentinresearchanddevelop-
normaloperationofpreventingtheaspotentiallyInfrastructuredamagemayadvance.weathereventsinpredictextremepoliciestransformationenergysubsidiesandtaxestheprofitabilitymodelofonfossilfuels,maychangeproductpricesandemissionsmayaffectmarketcompetitiveness.bontechnologiesandproductstoimprovementtodeveloplow-car-
corporateoffices.requiresignificanttheenergysector,affectingenergyefficiency.
fundstorepair,affectingourfinancialposition.ODiversifysupplychaintoreducedependenceonasinglesupplier.theindustry'senergycostsandoperationalefficiency.alenergy-relatedTheenergytransforma-tioncouldleadtoadevaluationoftradition-assets.OExplorenewbusinessingenergymanagementmodels,suchasprovid-servicesandparticipat-
inginthecarbontrading
market.
91
SocialResponsibilityandEnvironmental,SocialandGovernance(EsG)ReportSocialResponsibilityandEnvironmental,SocialandGovernance(EsG)Report
OEmployadvancedsupply
chainmanagementtools
Enhancesupplychainandtechniquesto
resilience:lmprovechangeandmarketresiliencetoclimateIncreasecompanyresilienceinthefaceofuncertaintyandreduceandresponsiveness.improvetransparency
volatilitybydiversifyingsuppliersandoptimizingtheimpactofpotentialrisks.OFosteracultureofcross-sectoralcollabora-
Adaptabilityinventorymanagement.Throughaflexibletiontoensureswiftaction
Buildflexiblebusinessbusinessmodel,weareinthefaceofchallenges.
models:e.g.providecustomizedenergytomarketchangesandabletorespondquicktyOConductregularriskassessmentsand
customerneeds.solutionstosuitdifferentseizenewbusinessopportunities.businesscontinuityplanningtoensurethe
stabilityofcritical
businessprocesses,
PracticeCarbonEmissionManagement  Scope         Type         Carbonemissions(tonsofcarbondioxideequivalent)         Percentage         
           Fossilfuelcombustionemission         5261         3.99%         
  Scope1         Escapingemission         2554         1.94%         
           lndustrialprocessemissions         7787         5.91%         
  Scope2         Purchasedelectricityemission         116136         88.16%         
           Totalemission         131738         100%         
Opportunities
EnhancecompanysOIncreasetheR&Dbudget
Developlow-carbonbrandimageandattracttofocusonlow-carbon
productsandservices:suchmoreconsumersandtechnologiesand
ashigh-efficiencyelectricinvestorswhocareaboutenvironmentally
motors,smartgridsustainability.friendlymaterials.
solutions,andrenewable
energygenerationequip-DevelopnewsourcesofOCollaboratewith
ment.revenueandmarketresearchinstitutionsto
Productandsharethroughinnovativeacceleratethecommer-
Launchingenvironmentallyproductsandservices.cializationofnew
service
friendlyproducts:productstechnologies,
madewithrecyclableEnhancecustomer
materialsorprovidingloyaltyandbuildOTrainsalesandmarket-
informationonthefullcompetitiveadvantageingteamstobetter
life-cyclecarbonfootprintbyprovidingdifferentiat-communicatethe
ofaproduct.edenvironmentalenvironmentalvalueof
solutions.productstocustomers.
Capturegrowthopportu-
nitiesinthegreenenergy
market:AsglobalOConductmarket
demandforcleanenergyresearchtoidentify
increases,TimesElectricandassesspotential
canexpandourpresenceandrisksinemerging
inareassuchaswindandDiversifybusinessandmarkets,
solarenergy.growrevenueby
OBuildlocalpartner-
In2023,coandcopdatcovragfourcmpanythHaccountingfwholwnedubsidiariesholdingcmanind
branchesofTmesElectrichasbeencariedoutinaccrdancewiththeIS14064:2018standard(thestatisicalcaberdoesnotinclude
overseasentities).
2.Scopeincludesemisionsfrmfosilfulcombustionfnaturalgasandgasolinandsnesapingemisinsfrmseptictanks
refigerantet.andemisionsfromemiconductrprodctionprocesse;copreferstemisinsfrompurchasedeleticty
3.ThecalofcvaluffosifuelsincoftsertisfrmG/-2020andtheemisionfactrsarfmP06ndP
andtheemisionfactorsfelectrityincoparefrNoticontheKeyTasksRelatedtotheManagementofGreenhousGasEmisin
ReportingfEnterpriseinthePowerGeneratinndustryintheYearsof202-2025oftheMinistyofEcologicalEnvironmentfChina
EnvirOentalOfficeClimateLetter)[2023]No.43,
ZhuzhouCRRCTimesElectricCo.,LtdZhuzhouCRRCTimesElectricCo.,LtdSocialResponsibilityandEnvironmental,SoclalandGovernance(EsG)Re
Asanequipmntmanftrncmpaywreeplycmittedtcarmisiomanagmntacrvousfonthsn
withrawmatrilsandphasingoutoutdatedequietTefectivlyerseeourgreenhousgasmisionreductonefrandalwithintivesuhsestbishinnwintlientprkscyinganprinwenryprdutmanaingcamisionacitCategoryPlatformconstructioncontentExternalsystemplatform
thedisclourerequiremntsftheStckExchangendASACwehavedevelopedspecilzedtefcrbnemisonredinmange
mentexpersLevragingouexstingthre-tierorgarizatonlsuurwihintheenergymanementsstm,thsteacrissrfVideosurveillance,perimeter
sionalsinenegndervirmentprotcionnamentabnfotrintprceseintgratdenergysystemesignndsofwprevention,accesscontrol,human
engineering.
andvehicletrackmanagement,
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andcarbnnutlty”tgetoucmayhaonductdutipleroundfinternlandexternaltrinngintvhesefortsiclment,intelligentinspection,parkingCRRCGroup:CRRCEnergyandCarbon
organizingrelevaterneltiptintinngsesnconductdbyautoritvtir-artytesinginsonsfocuinnaemisoverificaonMoingfwardwehavanstpursuefictonssuca4064,406406ndthystcertifictionsytematiallhlapprachwilenaleustgraduallyestblsrobustcarbonemisnmanementsstemwiouconfiguration(19functions)management,laboratorymanage-lotmanagement,conferenceroomment,campusbroadcasting,lntelligenceCloudSystem,CRRCSafetyManagementlnformatizationPlatform
company,intelligentlightpoles,securityand
firelinkage,intelligentfirefighting.
carbonemissionmonitoring,energy
Advancedplanningfornewprojectsconsumptionmonitoring,station
operationandmaintenancemanage-
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neralized(2functions)consumptionmonitoringFMCssystem
CorporateCockpitDigitalElectrictelgentPar
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forresearch,EParkWareousingpersonnelacrosstheentrecompanythrughteintranetThelnformionenterwillestabishdedicatdintellgentetworkfthinteligentarkManaemntafrmratinginepndentfmthfcnewkhsetworwildomui-locatnmu-k
production,-unifiedplatform,standardprotocol”architecturetoaccommodatefutureparkexpansions.
supply,
marketing
andservicesEnterprisecarboncontrolplatformCRRCenergycarbonsmartcloudsysterrconsumptionunitsKeyenergyattendancesystemNon-inductive1o5gofelenergyconsun元
ParkenergyCRRCsecurityOnlinemonitoringMeetingreservation
schedulingplatfornetworksystemplatformforsystem
ergy.consumptior
Establishmentofthree-levelperformanceparameter(energyeficiency)monitoringoftheenergysystem,
integrationofexistingenergyonlinemonitoringplatformsacrossourcompany.
2号
Case:Newintelligentparks
TheconstructionofnewparkswilladheretoaprincipleofCarbonemissionmoing
categorizationandgrading,with-
intelligentparkstailoredtotheir15
respectivesizes.Theseintelligentparkswillamalgam-0Relyingontheenergyconsumptionmonitoringplatform,continuetoexpandtheestablishmentoftheScope1and2carbonemissionmonitoringplatforms.
atesecurity,electricalpower,fire
protection,andparkservicesto
establishanintegratedcontrolplatforrm,effectivelyeliminating
redundancyinconstruction
efforts,Theprogramdesignhashensiveenergyschedulit1
beenfinalized,withplansforits
operationallaunchscheduled
forearlynextyear.
7dockingwiththeenergyschedulingplatformofZhuzhouInstitutethecomprehensiveenergydivisionto
10号偿2realizeloadforecastingandoptimizedoperationstrategyoflightstorageandchargingasawhole.
ZhuzhouCRRCTimcsElectricCo.,Ltd5oclalResponsibilityandEnvironmental,SocialandGovernance(EsG)Repc5oclalResponsibilityandEnvironmental,SocialandGovernance(EsG)Repc
EstablishmentofcarbonemissionsmanagementfunctionsIn2023oucomymdsigfcantstinenerconservtindcaredutiontrugilizatintzingsttgc
decison-mangandeulouslaingeiedterguexistingvidesecurtynitringdcntlmangeentl
carbonpeinandcaoneutltyinitatvegeyntadinlenergysavingademisicnreduieffrCarnsnwithinthecompany'sintranetwiththeOutCcmesofourdevelopedintelligentenergymanagementplatformandcarboncontrolone-stop
managementdifersignifcantfrenergymanagemetandouretmangementtructureandstffngmayotfulymeetplatfrhsintratnwiresultinstt-fthe-rndadvncdw-carbnintligentpkanaeentoulaforThejet
requementsfrefetvcaemisionmageentheefretherineedtinducnwfuntionndestblisdedcthssuccesfulcletedthebidinpresnerg-dehdesigrefnmetndisaiptedtoilyeratnby
2,024.
positintverseecaonemisreductionefreEleccplanstlevragetheexpertisfourexisingenergymanemnt
todevelopandlmplementanewcarbonemissionmanagementsystem.
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andputwttreindtsendrawtriafrefctvmisioanmethievtmanagemtheystmwicvrlmentsuhaersnelhicleecrrtsfrsfetesunegn
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Case:Managementofcarbonemissionsfromproductusemationjourney.
1
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ResultsofTimesElectriclow-carbonconstructionworkin2023
None
Succesfulybuidaomprehensiveenergydemonstrationinthepark,fullypromoteittthernewlybuitparks,nd
helpthedevelopmentofrelatedindustriesofCRRCZhuzhoulnstitute.
n2023,toachievethebjectivefcarnpeakingandcarneutaltanddrvethegreandlow-cabontransfomatiwiinh0限全量
industrialreslecticoabrtdwitZhuzhoulnstcomprhensiveergyusinessdepnteveqingtheu
esavailablelnthesemicnductorfour-lanepark,acomprehensiveenergyprojectwasdevelpedandsuccessfillycomleted.hisprojets
nowfullyoperationalandcontributingtooursustainabilitygoals,
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MW/14Mwhitbtqicoininfstrtuurrtretirrttdeyntfstf0wCc
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neoustytrvidestngsuprfothapdevoptfthnegystreneenvenergydusthuh
nstute.
Theprjesntvtvstchintrtwupysininnegystrnch
plletechlgiehisntratnensureonssetndreablpwesupusngcleeeryouevecmngthntrit
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beneftsttpkhjntliget-strechagnjointwerysymdiectyeucletiycsncaemiiwithinthepark.ofcarbonemissionmanagementsystem
Alignedwittpingaaeutltgicoebysttnrpesletcveng
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equipmenteerthnddeveoent,ingandesigeratnlpmizandinttietintnanfthintrattywearealmplementingthespirtfthemeetingandtheworkdeployentoutinedinthecomprehensvecarbonauditcondcte
systemThesdacementshavprpeldtedevepntftheprksdecarborizatiefrandthestlsetfnCRRCGroupncarbnpeakingndcrbnneutaltyThisconceedefrtmstsoldyprmotetheimlementatifcarbonpean
energyInternet,markingsignificantprogressinthefieldofsustainableenergyinfrastructure.andcarbonneutratity”workwithinourorganization.
ZnuzhouCRpCTirnesElectrlcCo.,udSotialResponsihiltyandEnyirorrmentat,SoclalandGovernance(EsG)ReptSotialResponsihiltyandEnyirorrmentat,SoclalandGovernance(EsG)Rept
In2023wddncblogwicftriccnfrrkrchirtvidtfoOurcomnywllsntinetasistiintdevloetfhcabpaingancabutlindsty
thedevelpetfw-carrouctandservcestrouginnvton-rivetechlogicalndmngmentthangeostinusresearntsicteftnpeingnaeulindsyurizstndrdsdentns
leadersingreensustainbleevelpntwtinteidusty,ncreryswemrcnpeaingandcanemodesanrelevatnnallicydmentdcmetnpakinncaneultyrelately5ystmandrvi
tystrateynifintslevdeifrfseviefcitsyerycssthndsryetechicauptndplcysuesinsfrthusnesfmeslericawelthweneratinwindwegee
espndinCstrteclafcaneitrayhroughoutheenevafuechinbyOurdedicationonsuautomoblleandotherindustriesofCRRCZhuzhouInstituteandCRRCGroup.
comprehensivzer-canechlogicalc-symandindusslutinTruhthesfortsweitconsstnyledanr
upstreandwnstmnrpisswrfi-qualtysusinblrnwcadvltlmlyTofurhedvnctaneinancaeuitinvfthrwlantalatuurendet
istopromotecarbonemissionreductionacrosstheEntrelndustry.chainandthroughoutsociety.wardnutinmprhensvreerhviousw-catnsformtinsenrohisincludexngthttlf
frPVpweretinrofsnulfhlouterwetesablsl
Releasegreenandlow-carbonresultsandsucceedinobtainingexternatrecognition>xresourceinventoryandaregionallocationmap,Moreover,weintendtooverseeandprovideguidancetonewparksinimplermentinggreen
andlow-carboninitiatives.ThisencompassestheintegrationofPV-storage-chargingsystemsandthedevntofintellgentparks.By
TmesEeccoseyalwthsttegiceytactiveptnanshwcanreanlw-caCoingso,wehopetooffervaluableexperiritalrescesandprovidecleardirectfortheCRRCGroupsPVandautoobileindustrjesfo
utmrdeictvptvexnsfrunsfanachlevsccfmlqewuprin
challengesandseekingbreakthroughsinthenewera.carbonneutralityandsustainability,ensuringthatwecontributepositivelytoerivironmentalconservationandclimatechangemitigation.
n2023ucmpywecmedumerusisitsfgovenmentrganizansandcustomnturpltdeonstratnpjets
eagwacfrrcntctievmthesenlengvulnemetexp
Wwithrelevsdiscussetwatgrndocarevemtcucsfulα
recognitionasagreenmanufacturingsystemsolutionproviderinHunanProvince.EnhancePollutionPreventionand
Theofrmfanesnitevletunt
conceptualization,planning,design,manufacturing,supplychain,andafer-salesservice,yieldingcomndableouttcomes,AsatestamentControlCapabilities
toucommitmntTimesletiernedrecnitnsananfactorandaeenaintedasehamunitfh
HunanGreMafctrnndustysciatinfwrdwwittveennhiitv
gesupyhtgrsnnlvinurevy
alrmtoachieveanUallybeneficialoutthatencoassesbotheconicprosperityandsocialwell-beingforourenterprise,
nthecarpaingncaroeulystatnzoojetilectchtaeledinrliprpiWastewaterandexhaustgasmonitoring
rmmtpriingsgsufhuoufnretcvexn
alictwlrwilarnhnfstlinwivrhOurcompanystrictlyadherestothelegatmanagementrequifrementstipulatedintheemisionlicenseforthedaily
plannrquientsuhathosrchargninfasctndptvltasystemswetprvidreenvtchandingofwastewatrandwastegas.Weensurethatourtreatmentfacitiesforbothwastewaterandwasteas
solutionsand.supportforthneprojectoperateseamlessy,chievingao%standarddishargetatecompllancewiththemissionlicensereglatonwe
BuitingnoetionlndainenncneentxpertmeetcistegiclsnniteffinthfrfftGarboekncaeltyinstyinfwawemittetnlingndprditintrictndihengagequalfedthird-partytestingagenciestoconductregularandrigorousmonitoringofourwastegasandwastewatetonmonthly,quarterty,andannuatbasisTheseagenciesissuecomprehensivemonitoringreorts
corfirmingthatourtestresultsconsistentlyremainbelowthethresholdsserbynationalstandards.
tdindlwwllhealrtnrhlhfi
allwustprldeueugesnteccufrevenfhyrersrel
CRRCGroup.
ReleaseActionProgramonGreenUrbanRailwayEquipmentManufactiringfZhuzhouCRCTimesElectricCo,Ltd.)Releaseofpollutionpreventionandcontrolsystems
OnDecemez23thenteligentandGreenDevelpentForfRalwyTransporttinwihthethemflntligentRaiwayConectinFuwaheldhuntentilCoventionnxhiCetetmtinmEleicfcialyeToeffectivelypreventandmiigatwater,ainis,soldwastendradoactivoluon,awellastpreservnd
ActionPrrananawayEquipetMafaturngfuzhuCCTieetdThprguideyeUrbanRaieveipmentcionPrafChinrantructiAsiaionndputfrwadfivmaractiongreurtenhancethequaltyofourervirnment,safeguardhumanheath,andfosterthecompanyssustainabledevelopmentourcompanyhasestablishedacomprehensivesetofregulations.TheseincludetheEnvirhentalProtectionManage-
artinnmelygreelaningfitgrenequipentesearhndevlt,greqipentafactring,ergyandmentMeasiresandHazardousWasteManagementRules,amongotherwastemanagementframeworks.Theseregulatinsuinepeciseprtaclsfortheafehnlingfhazardouswastewithinourcomay,coveringwastidetfic
Dtrct司t00rOtlon,awellasgreenservicetransformation,topromotetheralftransitcomprehensivegreentransform1C03C00”
tion,storage,transfer,anddisposal,weensurethatallhazardouswastesareertrustedexcllIsivelytolicenisegunlt
TheactprramstsigndttgetfivmaeneryncaonrllamrfryresuplhrspeciaizedinhazardouswastmanagemertforproperdisposalThisguaranteeensures100%compliancewithegalrequirerments,ensuringthatourhazardouswastedisposalpracticesarebothlawfulandresponsible.
rodutsadgrecatacnsutlunkereachtivdatdirrraitl
qisruhhsniitvmevlangrehtgiefrurisystmndvtv
prductndslninietreetweebtxpt
capabilitiestowardsthehigh-qualitydevelopmentofgreenurbanrailinfrastructure.
Wastedischargeandmanagement
Low-carbonconstructiontargets
Ourcompanyhainvestedinstate-fth-atproductiowastewtrtreatmentfacltiestensurethtallwastwater
nthefuwewlcetdvaningeeryfceynucingcnmtiwplateticuloustynalyzenl-Lindergoesrigoroustreatmentbeforebeng5afelydischargedinttheurbansewageetworkAdditionallwehavimplementedspecializecwastegastreatmentsystems,Includinganacidscrubbetowerandanactivatedcaro
dateurmnexesentlzdeeynet,eninusyltchlgynrigruelectrictysthiwivlfherstngthenourenernementsysemanestbshingusthr-teredeneyanmentteamWeaimtfostmualyreinfrngmanagementecanismandenancecolloratinacsdpaentdinalDrqanicexhaustsyst,teffectivelytreatandneutlizharrfuisns,ensuringthmetreglatrystndrbeforebeingreleasedinttheatmspherefurthermore,wehaveconstructeddedicatedhazardouswastestorae
wewiirsiffrstevcamsianemntsyshisincludeexpndingthcpfrutaftanalysis,nevinhntwuhnhintivrfgdualtansitinfrmthedulcontlfeeryandconsumptionmdeltothedualcnlfcaronmisionframewrkpsdfatitytafelycollectndstorhazardousmateriatsThisfatityensuresthathazardouswastesareproerycompliancewithenvironmentalrequlationsandprormotingresponsiblewastemanagementpractices.managedandreqularytransferedtolicensedunitsspecializinginhazardouswastedisposalquaranteeingfull
bythe5tateThistategicshiftwilbetterprepareustaliwiththcountrysgoalfreachingcarbonpeakby2030.
CareforEmployeesto0505
CreateaHealthyWorkplace
TimesElectricfirmlybelievesinthetalentphilosophyoffinespecial-
izationandcontribution-oriented,fosteringaworkenvironmentthat
trusts,respects,rewards,andwelcomestalentedindividuals.Weare
committedtopromotingequitablehiringpractices,safeguarding
employeerightsandwelfare,prioritizingthephysicalardmental
well-beingofourworkforce,andmaximizingthepotentialofour
humancapital.Byfocusingon”atracting,nurturing,retaining,and
utilizingtalents,weaimtoestablishastrongfoundationforenterprise
talentdevelopment,creatingahigh-qualityplatformthatfacilitatesthe
growthandsuccessofouremployees.
5.1OptimizeTalentManagement81
5.2MultipleTalentRecruitment82
5.3lmproveCompensationandBenefits84
5.4ValueEmployeeTraining85
5.5SmoothCommunicationbetweenEmployees90
5.6DiversifiedPromotionPaths.92
5.7lmplementEmployeeCare92
5.8GuardHealthandSafety.95
DRKAD
huzhouCRRCTimesElectricCo.,LtcSocialResponsibilityandEnvronmental,5ocialandGovernance(EsG)ReprSocialResponsibilityandEnvronmental,5ocialandGovernance(EsG)Repr
Protecttherightsandinterestsofemployees
OptimizeTalentManaqementTimesElectriperatecmprhensiveworinghoandwor-restsystemthtprmariyflwsthestandardfhourdayday
week,whilaccmdingsecialworkinghourarngemntsedelndiontproviingwekendff,staryoliday
mariageandfunealleveaellatrilevinaccrdancwitaonlrgulatonsrcmpanyfrherilementsn
leavesystemthatainsiththenatinegulationPaiAulLeaveformloyesantheMesursfthelementfd
TimesEleticprmtesequalityinthworktlacebyemloyingadiverserangftalentsandensurestefulprtctionfemloyesAnuaLevforEnterprsmlyeehisensuresthturemloyeehavemletimfoetandrelaxationprotinghealty
legitmaterightandintereststhrouhterevisionandenhancementfrelevantmanagementsystemearecommitedtoniuouswork-lifebalance.
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GradedincentiveMultipleincentivesOverallcompensation
Case:
OurcompanyrecognizestheOurcompanyhasestablishedaTimesElectricpromotesa
lqrifeblesignedmprehlecompe
professionalmanagersandhastoatractandretaincoretalents,aswellconceptthatencipassesnotjust
ref0eesabedanannualsalaryastoprovidesubsidiesandincentietaryrewardsbutatsoextends
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generalmanagerofTimesElectricesearchthemecompetition,organizeandplantoholdnechanismthattakesintoaccountts.Werecognizetheimportanceofhonorsandcareerdevelopment
“codeaction”programdesigncompetition,andfullyherlespobilities,orga707Hllenc2pOFtunites.Byincludingthese
Tmance,ant1ncrvlcualwithinourorganization,andassuch,wehentsinourcormpensation
discoverseedplayersandprovidefocusedtrainingievermieThicse05uresthattheira0psTDrrdi0r5system,weaimtoprovide
dedicationandeffortsareappchprojects,specialstandoyeeswithaholistic
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sclenceandeducationemployeesarecomentsandequltysales,glvingourdispatchworkersanidensuurethat
accordingtotheirrole,responsibilities,keypersonnelastakeinthecornpamystheyreceivethesameunifiedsalary
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andcareerguidancecourses(online+offine)nization.ByallgningdutthoseofourstHders,Byprovidingemployees.Thisensures(ainness
vesystemsheseopportunitiesforgrovandequaliryacrosstheboard
withthesekeyfactors,weaimtofition,andownership,weaimtoardlessofemploymentstatus
tivatedandengagedworkforcecateaworkenvitthatfosterkebellevethateveryrmemberor
thatiscoredtoachievingtheation,collaboration,andloyaltyOurteam,regardlessoftheirroleor
organization'sgoalsandobjectiamongouremployees.Webelievethatposition,contribuitessignificanttyto
Vebetievethatthisdpproathwillnothsap配renbatcdvr0tthesuccessofTimesElectricand
onlyenhanceemppyeesatisfactlonlong-termsuccessandprofitablity0shouldbeappro
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providingthescomrehensivbeneftsndleaveponsiesElectricimstcreatsuporivandenablinevironmentwheremlandotherpaidholdays
eescanworkwithpeaceofmindandenjoyafulfilinglifebothinsideandoutsidetheworkplace.
----一一一一
zhuzhouCRRCTimesElectricCo.,LtdzhuzhouCRRCTimesElectricCo.,LtdSocia(ResponsibilityandEnvlronmental,5ocialandGovernance(EsG)Repr
Verticaltrainingsystem
ValueEmployeeTraining
Hierarchicalsystemfromtheinductiontrainingofnewemployeesfocusingonculturalintegration,totheprofessional
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needssurveyinthewholecompanytrainingdemandsurveydataoutintermaltraining+externaltrainingGrassrootsleadership
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strategypath(uponrequest)
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andsupplychaincompanies
AtourcompanywerecognizethemportancfconinuouseaningnddevelpmentThroughtheknowledeaccuulaionnd
managemetrnslatfentrprisperatinehavrenmeetdelivercmrehenverefrinrm
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systemthatcaterstothespecificneedsofvariousroles,includingtechnicaltalents,marketingtalents
projectmanagementtalents,industrialtalents,andfunctionalmanagement,withinthissystem,weTechnicaltaierntdevelopmertpathdesign
haveformeddistinctrainingpathstailoredtotherequirementsofeachrole.Thesepathsaredesigned
toprovidecomprehensivetrainingandempowermenthroughavarietyofformatssuchaslectures,
growthcamps,trainingcourses,forums,andotherinteractivelearningexperiences.Byofering
targetedtrainingopportunities,ourhorizontaltrainingsystemensuresthatemployeescanacquirethe2023Keyrainingprograms
necessaryskillsandknowedgetoexcelintheirrespectivepositions.Thisapproachnotonlyfosters
individualgrowthbutalsocontributestotheoverallsuccessofourcompanybybuildingastrongandLearningpathforWind,Pv,waterandstoragelinternationalizedbusinesfapidFunctionalmanagermentall-area
Capableworkforce.echnicalnewcomersnarketingspeciattrainingcampempowermentprogramcapabitityenhancementtraining
huzhouCRRCTimesElectricCo.,LtdSocialResponsSocialResponsilltyandEnvirorlental.SocialandGovernance(EsG)Re
COrganizationalcapacitybuildingPartitiontypeNumberoftrainees
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Numberoftraineesbysex(persons)
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OurcompanyiscmmitedtofosteringdyamicandskiledworkforceAspartoftisendeavorwehaveimtementedthewolonglan-
specializedinitatvesignedtutivathig-qualty,ecicllyrofcetmarketingperonefooumarketinglahla
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Academymrth0rfesr-evenireninev20ctrstuetnv0msterderdehisweltOCase:Incrementalperformanceempowermentprojectcloselylinkedtoindustrialdevelopment
expertisanknowedhsenaledustestblsienfcrchhiechfeaurinchifexertscademilederandck
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planstocarryouttrainingsfortheleadinggroup,professlonamanagersandcorebackbonefvariouindustrialsector
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VtademicianofChina
professor-levelseniorengineers
EngineeringAcademyhietExpert
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prioritzedknwtedeadvancementandcontinuousearningRecognizingthatadaptablityandexperiseareketosucess
thecompnyhaarrangedcomprehensiverainingesionsforearly0ofitsbusinessbackoecroiPD,marketing
Inordertostngthetecaitybuidngfourintlectulpertydringthreporineiodurcpyndtedsupplychain,financeandhumanresourcesnafocusedeffortemoweritscadresTmesElectricrganizedaspeciali
morethatrainngsforfltimeandpar-teintelctulrpertystafffvariousunitsandechniclleaderfkey&Dprjectetrainingcoursefocadres,ncludingindustialgeneramanagers,marketingdiretors,andtechicaliretorThisous
coveringvarioustopicssuchasthepromclotionofmanagermentmethods,thewritingoftechnicaldisclosuredocuments,patentlayoutplanning,aimedtequipparticipantswithadvancedskilsandknowledewiththemandatethatallaticiptingcadrewouldcont
andtheusfearchtolstsystmcalyivetetaunesciafteriftining,26fu-tandpinternaltriningndkwledghringAresut,vr0secialzedtiningsesinwereconducted,yldingu
intellectualpropertystaffwerorganizedtocarryoutskilscertificationexaminations,andthepassingratwa00%warematerialsandsuccessfullyempoweringmorethan2,000corebusinessleadersThisinitiativeunderscoresTimes
Electricscommitmenttofosteringalearningenvironmenthatenablesitsworkforcetogrowandadapttothechanging
-----一demandsofthindustry,yinvestinginitspeople,thecompanyispavingthewayforfuturesuccessandsustainedgrwth.
StaffTrainingExpensesofTimesElectricinRecentThreeYears(tenthousandyuan
Case:ContinuouslypromotemanagementchangetohelpachievebusinessobjectivesQ
1048
968Aspartofitscontinuoustrategytopromotmanaementreform,TimesEletrichastakenproactivemeasurestointroduc
866sinessanalysisThecompanyhasselectiveychosensemiconductor,autmotiveelectricdrive,communicationignalnd
otherkeyfieldsaspiltunitsfrthisrefrminitiatve.mlementingtheiteration-reviewmangementmode,TimesEleic
1sfartatedcollaborativeoperationmongfinanc,productlines,andotherrelevantdepartmentsThroughouttheyer,
totalofsixempovlentandcomnicationsessionswereconducted,leadingtothedevelopmentofasetofpractical
operationaltofomsTheseeffortshaveresultedinmprovedmeetingeficiencyeffectiveprolem-soving,andsuccessfu
n20211n2022ln2023integrationofindustyandfinancialperspectivs.TheseachievementshavebeeninstrumentalinhelpingTimesEleic
accomplishitsbusinessobjectves.Thecompanyscommitmenttoinnovationndcontinuousimprovementhroughmanage
-m---------一一二一一一一mentreformisexpectedtodrivefurthersuccessinthecomingyears,
ZhuzhouCRRCTimesElectricCo.Lmd.ZhuzhouCRRCTimesElectricCo.Lmd.SocialResponsibilityandEnvlronmentat,SocialandGovernance[EsG]Rep
Focusonimprovingemployeeskills
RecognizingthatmlyeesrethcomanymostvluableassetsTimeEletichalacedsignifiantmhasnthetrinnd
Enhancementfitwrkfrceskilsn203,teopanywentoveandbeyondinitcomitentemplyeedeveloetbyrgz
Case:Continuouslyoptimizedperformancemanagementchangesempowerprojectingveecilesilsetinhcpetinveedwldengfcegnuingenesfrll
aswellecifreulwresinnancxehncwrbindc
nitspursuitfexcelence,TmesElectichasintducedinnvativetomthodsandevaluationmodelstolevatetheevedefectidenfcatiheeventntnltestdemlyesprofencintherectvfieldsbutaprovideplarfortht
ofperfemancemanagementwithintheorqaization.TheseadvancementsaimtocontinuoustyoptimizebusinessobjectiveswcasetheirtalentsandconDeea0ainstterDeers,FurtteOre,TimesElectricsupplementedthesecompetitionswithover30technical
anderhancethveralpefrmanceftheconyTensureprecisecontolvereahaspectfperationsmesleiexearactiitiescondluttedbiv,rttHP1CrkarstLis.Thesestudios,ledbyexemplaryemployees,focusedoninnovatingandrefining
hasadoptedstrteqidecodingandtargedisassmblytols.hesetooluideeefetivereakoandmlementatnkistingtechnilpsanoDrGt.firhcrRrtgthecnVS02eeffciencVAndrctquality.Additionally,22laborcormpe
ofunit-specificindicators,ensuringthateverylinkinthechainisaccuratelymanaged.Furthermore,thecompanyhastitionswerhdunderthrellthfAdvaingttpThescompeinspannedfourialfntsmanaement,d
implermentedcomprehensivepeformanicemanagementevaluationmodelThismodelserveaastaringpointandtion,markeindtechtgengneyfiendycpetcstheilaeTletleno
encmpssestrcrcalapteingglsmgingpreendacevingesulsingnekindicar,tellencebutalsocreatedanenviereemployeescouldrealizetheirpersonalandprofessionalgrowthpotential.Overall,Times
modelladaunthrughntertvrcesandgeerteevtireorthesreporsprvidalualhtsElectricsdedicantemlytrnngnsievelenthrouhthssecialzedcmpeionndtechilearchctvies
thathelpmpravetheoverallpefrmancemanagementlevelofthecompanyyleveragingtheenewtoolsandevalutintestamentoitentfsterinkillnged,nmtivatdworktrcyvestinginitpel,tcanysavg
modelsTimeletriciswel-ositicnedtachieveitbusinessbjectve,opimizeoperations,ndrivcontnouswayforsustainedsuccessandjnnovationinthefuture.
irmprovementacrosstheorganization.
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composedofvariouskeystakeholders,includingrelatedsubsldiaries,investrntsfromthesponsorinsution(leadunderwriter).seniorfeedbackofeveryemployee.Wehaveestablishedsmoothcoationchannelsbetweenemployeesandthecompany,recognizingthe
manaementeslndcoretfthmathouhsecialastngeldionlthesttiivstlimportanceofeffectiveconicationmechanisms.Tofacilitatethis,ourcompanyhasformedatradeunionthatactsasabridgeforcommu
participatedintheplacmenttotalf3serirmanageradcormloyeefTimesElectictkpaintespecialasetmaneentnicationbetweenemptoyeesandfacilitatescorunicationbetweenemployeesandthecormpany.WehavealsoimplementedtheAdministra-
planestablshedfrthestatgiclacemntThefinlalatifhareundrthilauntedt2313sharhissignattiveMeasursfrPublCndionsLiaisnwrksystemcuetensurthatemloycaexertstheirighttnfmatind-
partlcipatibythrystbrassndcrtememerundecoresthecniencthfutugrwthandprspectfpationthroughapproprlatechannels,ultimatelyenhancingtheirsenseofbelongingtothecompany.
Electric.
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tionZeroEnteprisMnagemntPaershipimitedpaershp)sanemlyeesharehldingplafmhemlyeeshaehldTimesElecrichasestablishedasoundpubicsentimentfeebackmchanistoensurethatmpioycangivefeebacktocomay
platomhasexpreseditsintentitsubscribfrtheewregisteredcaitalfM79milioninTimeemicnutrwinthroughbothonlineandofftinechannels.
ivestmentfM16.milionThisransactin,knwsapiallcreaseandSharInreasewillresutinthmlye
shareholnglaforlin.22%stakineeicndutucleThmvbemcnductlyOnlineChannel:mplyescanacesthecommnpublicconditonscontactcommentqueypagetocheckforanyexistingrepie
stengthentfinncilposbutlalinsthintrestfmloyeewiththcomanylng-temgrwthbetfvhorsimllarcomntsbeforeformallysubningthelrfeedback.lftherearenosimilaropinionsfound,theycanproceedtosubrmitthelr
introductifanmlyshareoldingpirfostrsensfwnershpndencouragemiyeestconibutetwrdsfeedbackthroughthepublicconditionscontactinformationplatform.
success andprofitabilityofthebusiness.
Oftinehaelsininsteeprmrfmlyeeminarecratilffeebackcoletnnndiusin
OnNovemeozzoumyuncedthwewouldincreacapitlandansfraetstieemcondutodfotheravruemangedbythePryandMasworkDepartmetndvariusepments,esinteeronelareresonsib
thecapitalincrease,theemployeeshareholdingplatformheld3,B3%oftheequityofTimesSemiconductorfornputingtheseopinionsndsuggestionsintothecivifsentimentcontactinformationplatfarminaunfiedmer
OnJune6,20z3,ourcompanyannouncedthatourholdingsubsidiaryTimesSemiconductorntendstocarry7
outcapitalinceaseandshareexpansiontointroducestrategicinvestorsandsimultaneouslyintroducethe
newlyestablishedemployeestockownershipplatformoCommeritprocessing[5
OnAugust1,20z3,ourcompanyannouncedtheestablishmentofaholdingsubsidiary,HunanCRRCElectricAccordingtthedifrentevelsffebackinionatheemeevelrgreviwythetntsartyrz
DriveTechnologyCo.,Ltd.,inwhichtheemployeeshareholdingplatformwasfundedwith10,ooo,00yuanandheld10%,tionThesepininsrethenasignedttheespnsbleprmntforesponseandthrespnsearecolectedbytorganizatnfdeparentisunabletaddressceraininquiies,thpartyorarizatoncilesthesequeriendforwardsm
tothepartyanhdmassworkdepartrment.
Forcompay-leveleeback,thepartnmasworkdeptentonductreviwandistrbutesthefeedbacktthreev
functionaldptentsforresponsAfereceivinandcmpingthesnsestheparyandmassworkermentsuitst
answerstotheparysecretaryforconfrmaton.fanyfunctionaldeparmentwithinthecompanyiunabltoprovidearesponse,t
partyandmasworkdepamentredirectsthefeedbacktotheapropriatedepartmentfofurtherprcesingattheuniteve
huzhouCRRCTimesElectricCo.,LtchuzhouCRRCTimesElectricCo.,LtcSocia(ResponsibilityandEnvironmental,SocialandGovernance(EsG)Rep
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-0Feedback
DiversifiedPromotionPaths
Basedontheeveloffeedback,theheadsofprtyoranizationsineachdparmentandtheecretariefcompayunitsrevwnd
confirmtheresonse.Thythenprovidefeedbacktotheauthorsofthefeedback,whconfandevaluatethesatsfactionteve
ThisprcesformclosedloopofcommunicatonFinallytheinfrmationisautomaticallarchivedinthepublccondiioncontact
informationplatformforrecord-keepingandfuturereference.Oucomanyhasestbishedatransprentanddiverseprotonptwaytensurfainessanequiyinmloyeeadvancmetehav
devisedtheCarerDevelpentChanneandradeManagementaswelastheHierarchyDevelopmetystemmongthemanaemnt
methodologies,toimplementadual-channelpromotionmechanismconsistingofamanagementrackandaprofesionaltrack
Exercisedemocraticmanagement
Ourcompanydoptdemcratianaementmeasurndensuresthatherightandintrestfemloyearprotectdthroughvus
means.
Manantchan
5taffcongress
Thestaffcongressservesasthefundamentalplatformfordemocraticmanagementwithinanenterprise
enablingemployeestoexercisetheirdemocraticrights.Thelaborunioncommitteeactsastheoperation
alarmofthestaffcongress,ensuringthatemployeescanparticipateindemocraticmanagementlegally
andeffectively.Theoponsandsuggestionsgatheredatthestaffcongressencompassawiderangeof
topics,includingtalentmanagement,performanceevaluationandpromotion,employeewetfare
diferentiatedmanagementstrategies,cost-efficiencymeasures,andindustialdevelopmentinitiatives.Experler
Beginer
Transparencyfactoryaffairs
Basednthprfesnhrchyfbsinesmanaemnt,prfesinnmetnieringtchlgmarkeinndsk
trade,nthe,rrdevletlevrctrizeintsevnawinkedgraeenefitryninerine
Ourcompanyconscientiouslyfulfillsthesystemoffactoryaffairsdisclosure,enrichesandunblockstheogymarkesuplchainnmet,prfesionlanaet,andsklleddererankedinindenlingenne
channelsofopinionexpression,andcarriesouthemajormattersofproductionandoperationofcompa-specialist,scientistsetc,basednthescofrespnsbitiesndcolexity,withsalarylevelslinkedtthegras
ny,theintegrityandsef-disciplineoftheleadingcadres,andthedisposalofmajorassetsthroughthechannelsofthestaffmeeting,thePartyCommittee,theDecision-makingCommittee,aswellastheAcomprehensivevaluatonsysmhabeenestablishedwhichncludenannulunfiedaseentbasedonworkperfrancedc
documentsandsoon.tion,yearfexrencnnthrelevatfactrhisystlwusentfnurttlfyns
alignmetbeteenindividualcareerdevelopmentandtheoverallgrowthofthecompany.
raticsupervisionshallbecarredouiafterMnedlre
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Ourcompanyearnestlyimplementstheopennessoffactoryaffairs,enrichesandsmoothsthechannels
ofopinionexpression,encouragesthestafftomakesuggestionsforthedevelopmentofcompanylmplementEmployeeCare
strengthensthestaffssenseofownershipandresponsibility,andorganizesthestaffrepresentativesto
consideranddiscussthemanagementmethodsrelatedtotheinterestsofthestaff,suchasAccounts
ReceivablePerformanceManagement,AccountabilityandExaminationMeasuresfortheViolationofDuty
oftheLeadingCadresandtheMiddleManagers,whichhasfullymobitizedthestafftoparticipatelnthe
democraticmanagementandtheawarenessofdemocraticsupervisionanddemocraticdecision-making.
OurcompanyhampeentedthGalngagementurveytgaugemloyeengaementevelsandpractvelyaddressanysue
toboostenggemetrougquesaireurvyfcusednthinsinfaccesrisk,benginadgrwthweveeve
theQ12OrgarizanClimateurveyoltdinosndnazeproblemnddrvmrovmentAdinalywevestudiedmlyee
careprograminbenchmarkcompaniesandourindustypeerstocontinuouslyinnovteandenhanceourwprogramsOurcaresyste
tiveconsuttationsystemrevolvearoundadresdailfchalengendovrallyewebenFurherrweveestbshesystmtn
long-termpsychologicalserviceprogramcalledtheEmployeeAssistanceProgram(EAP).
ThePartyomitefimeslectichabeenactivlyprotingtheEmloyeAsstancePrograEAPforemyeespsycholoical
OurcompanyhassignedtheCollectiveConttactandSpecialCollectiveContractfortheProtectionofthesince201culnngintheralestbntfthrmnce08heistfostersefreet,ef-confidecovy
RightsandlnterestsofFemaleWorkersandEmployeeswiththelaborunion,whichincludessalaryrationaiyntrnqilngtwrkforcThisintvntratrconstrutiriniplewtheriethn
protection,laborprotection,ocupationalhealthandsafety,andprotectionoffemaleemployees,whentosynergizintrnalandextlfort,proviingsuprndasistancinpysicalanmentlheathevlopentonsulig
facedwithmajoroperationalchangesthataffectheemploymentofemployees(contractchanges),theeffetvenesnant,andrgizatnyfherdvancethfrs,thParmitpipdnthh
companywilfulyconsidertheplacementanddiversionofemployeesinadvance,formutatespecialEAPndustySumitandEAAcademicAnnualMetingoftheChinocletyofSocialPsychologynMay22o2wepresentedareprt
plans,investigateemployeesintentions,andsolicitemployeesopinions.Thefinalizationandpublicity“PracticalExplorationofConstructingEAPworkSystemforPartyBuildinginOEstoEmpowerEmployeesndOrganizationsshowtasingour
oftheplanfottowthedemocraticprocess,andtherelevantprocessdataisrecordedandarchived.EAPasanexmlarycasfintgratingAPwiharybuilingintate-wnedEnterprisesSOEs)tempwerindividualandorganizat
huzhouCRRCTimesElectricCo.,LtdSocialResponsibilityandEnvironmental,SocialandGovernance(EsG)ReprSocialResponsibilityandEnvironmental,SocialandGovernance(EsG)Repr
DailycareAssistanceincaseofdifficulties
DuringtherepringperidrcopaygraspedthpeleprjetandendeavredtprvidepeciandatentveervicestelyOurcompayhmementedviusprramstprvidecareandsuprfreifcroufmloyee,eseciallthosfaingdi-
tomeettheiraspirationsandneedsforabeterlife.tiesormajrinesseThesprraminclueuaidfundrfunntheintvidtaisnmlyeeanh
familesoromuntemerduringchallengingtmehesefrtsunderscoreurcmtmentthewe-bengandwefrfu
workforceandtheirlovedones.
Holidaywelfare
riousandspecialhardshipcases
鲁MorethanRMB1.16millioninbirthdaybenefits,RMB3.85milioninChineseNewYearbenefits,RMB2.27
milioninDragonBoatFestivalbenefits,RMB2.4milioninMid-AutumnFestivalbenefitsandotherholidaybenefitswerepaidtoemployees.Subsidiesforemployeesinseriousandspecialdificultiesaregivenaccordingtotheactualdiffculties
andinconjunctionwithholidaycondolences;
Differentsubsidiesaregiventothechildrenofunionmembersinspecialandseriousdifcultiesinthe
lightoftheactualdifficulties.
Worksubsidies
SubsidizedmaterialsamountingtoRMB870,0o0wereissuedtomorethan1,7o0frontineovertimeworkersintheSpringFestival;morethanRMB1.7millionwereissuedtoemployeestopreventheatstrokeloyeesinspecificsituatic
duringthehigh-temperaturesummerperiodinJulyandAugust.
Thedeathofanactivememberoramember'sownimmediatefamilymember,acertainamountof
consolationmoneyisgiven;
Unionmembersretiringfromtheirposts,acertainamountofsouvenirsaregiven;
EducationsupportactivitiesWhenaunlonmemberlshospitalizedduetoinjuryorillness,acondolencevisitisorganizedanda
certainamountofcondolencemoneyisgiven;
鲁lnSeptember,wecarriedouttheGoldenAutumnEducationSupportActivity,andissuedscholarshipsfor鲁Formedicalexpensesarisingfrominjuriesoftradeunionmembersandhospitalizationofemployees,in
15employeeschildren,boughtschoolbagsandstudytools,andsolvedthedificultiesoftransportationadditiontopayingforthemaccordingtothepoliciesofbasicmedicalinsurance,mutualmedical
toschooLassistanceformajorilnessesandsupplementalmedicalinsurance,appropriatesubsidieswillcontinue
tobegiventotheremainingout-of-pocketpartoftheemployeeswithinthedirectoryofmedical
insurance.
HealthlectureEnrichemployeelife
Thetradeiofmslecticcrisbasictradeuninsncludingthserepesentingeleticlorans,theratranstechlg
center,thralroaddivinthurbrldivnteafr-leervicentr,tintlietentthmanfturinent,theect
Ourcompanycarriesoutlectureactivitiesafterphysicalexamination,invitinghospitalgeneralacquisitincentr,andtherndertheguidancefhigher-eveltradeunionsandthPayCommitefourcompanywement
practitionersandgynecologiststointerpretandanalyzethesymptomsandhealthmanagementof10GeneralSecretarXijnpindiretvntradeunionwrkandtheethfvisingCRR.weadherettheworkprinciplefprtg
commondiseases,suchasheartattack,threehighs,pylorus,etc.,andconductone-on-onephysicalpostvenergyfsringhesnnywrkcutrurnsfocucrtaskssuhrtngrupdy
examinationandhealthcounselingforon-siteemployees,andnearlymorethan40otimesofemployeesfosteringharroniouslaborrelationprotectingworkersright,ndenancingworkforcqualtywestrivetofutfltherolfthetrad
participatedintheinterpretationofthelecturesandon-sitecounseling,soastoimprovethequalityoflifeasabridgeandconnectorwithinourorganization
oftheemployees.
In2023urcompnyoranizedserefactvteimdatenancingtheskisndbliefabrunicadepringtht
andwell-beingofemloyees,andfosteringasenseofcomunityandcamaraderie.Theseactivitiesincludedskillcompetitions,female
employeeredingevnts,andope-monteventsfrumerclubmongtherhesinitaventonlyconibutedtotstabl
ersonalcaredevelopnhentofourcompanybutalsofosteredastrongsenseofunityandspiritamongemployees.
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Continuouslyinvestinginthecreationofmotherandbabyrooms,sportsfields,readingandstudyrooms求管
andothervenuesandfacilities,providingemployeeswithabetter,morecomprehensive,moreintimate
andmorehumaneplaceofstudy,restandexercise;.
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鲁Ourlaborunioncangiveacertainamountofconsolationgoodstoourmemberswhentheygetmarried
orwhenfemaleemployeesgivebirth.
ZhuzhouCRRcTimesElectrlcCo.,LtdZhuzhouCRRcTimesElectrlcCo.,LtdSocialResponslbilityand,Environmental,SociatandGovernance(EsGjRe)
EHStargets
6Case:TimesElectric's18thanniversaryseriesofactivitiesOveralltarget
By2025,theaftndervronentprtectinranizanfoumanyndprduionnitwilmorcmlethecofigutn
Tocelebrateth8thanniversaryfTmeslectisfoundingandtoshowcasouryouthfulspiritanddedicationtecmingoffultiafetmneentereieenlnbefdeteriousrnewthej
world-classentrprise,thCCLcommitee,alongwiththepartyandthemassesworkdepartment,rganizedaserisftionaldiseseinprductinfeyacidentwiezertheanuatfmnrinjurieinrductinsfetyacidentwilbecont
celebratoryeventscenteredaroundthethemeConcentatingtotheTop,thethAnniversaryfTimesEletricduringtheTime0.75%,therwiajrrdctnfetyacientndenvironmentlrtectinhazard,andtheewinmajrenvirnt
ElectricFriseeCarnivalandCRRCDay”onOctoer9,20z3Thecelebrationncludedcake-cuttngceremonywherecompanpollutionincidents.
leadersextactedbihdawishesyolizinguraspirationsforthefuumyefrvriusdeprtmentform
teastocometeinthefunFrsbeePointsMathandFrsbinalswiththeorgantememegingasthechampions,folwe0EHssystemtarget
bythemanfacturingcenterteamasthefistrunner-up,thealutmoblusinessuniasthesecondrunne-up,andthna
CRRCCommunicatonSinalTemalsoasthesecondrunner-upwiththespiritofyouthandacommitmentoprogress,welook
forwardtmarchingahedwithrenewedvigorandenthusiam,readytoscriptnewchapterofhigh-qualtydevelopmentforContinuoustycarryouthecerificationandauditfiO4500OccupationalHealthandSafetyManagementSystemandI514001
TimesElectric.EnvironmentalManagementSystemtoensurethattheEHssystemisatwaysrunningeffectively
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nTmTT
心聚力向头部电气十)Targetsforproductionsafetystandardization
2
ourhedquarterpaedthcerfictiandreasseentfthefislevelfpductionsafetystandarizatonoffstepr
tionunitspassedthecertificationandreassessmentofthesecondlevelofproductionsafetystandardization
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Dualpreventionmechanismgoal
accordingtWorkGuidelieforCurbingSeriousandMajorAccidentsbyAddresingBoththeRotCausesandtheBasisnd
OpinionsonImplementingtheWorkGuidelinesforCurbingSeriousandMajorAccidentstoConstructDualPreventionMechanisms
oftheStateCouncil5afetyComnnissionOffice,ourcompanyhasconstructedadualpreventionmechanismforthegradingand
controlofsafetynsksandtheinvestigationandmanagementofhiddendangers;
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GuardHealthandSafetySafetycultureconstructiontarget
OurheaquredthcetficftonafetyculurenstrtientrprisinTandBajTime
thecertificationofprovincial-levelsafetyculturedemonstrationenterprises;
OOccupationalHealthandSafetyManagement
Introductiontohealthandsafetyconcepts
Occupationalhealthmanagementobjectives
Ourcompayconinustopizethmanaemetfouptinlhealthandsafety,ting450Occuatinealthandaf
ManagementSystemstandrdasguietakingthestandrdizednmfproductionsfetyformachnerymanfacturingenterprise100%dectarationratofoccupationalhazards;100%imlementationratofoccuptionalheaththreesimultaneous100%
technicalsupport,imprc00tte0anagementorganizationofproductionsafety,stengtheningthesourceandoperationcontrol,establish-completionratfoccupaonalhazardsfaciltie;00%occuponathelthainingrat100%prtipationratfoccuptnl
ingaperfectoccuponalheatandsafetymanagementystem,strictlyimlementingtheproductionafety,afeguardingthelf,ealthinjryinsurac00%ratfoccupationlhealthchekupforindtion,njo,nddepartur95%rmorpaingrf
andsafetyoftheemployes,andprovidingthemwithahealthy,safeworkingenvironmentforemployee,occupationalhazardstesting.
Ourcomanycordintestheafetmanagementsysem,ergencyanagementsysmocupatinaldiseasepreventinancnol
safeprocjctionactivities.ocrucatcrathealthactivities,etc.,strengthensthesafetymanagementofrelatedparties,implementstheoccupa-
tionalsafetyandhealthmanagerhentofallemptoyees,etc,andpromotesthecloseintegrationofthesafetysystemcoristructionwiththeEnvironmentalmanagementtarget
ousiness,andendeavorstobuidanintrinsicallysafeenterprisethroughthecompleteEHSmanagementstructure.
Ourcompanycontinuustymprovestheoccupatonalhealth,safetyandenvironmentmanagementsystem(Hsystem)accrdingtththewastwat,wastega,noisandradatiogeneratedbyucpanyproductionandoperationrerelarytestei
requirmentf14001201sandrdan5001:2018standardandisuTimletriHManemtMaualmsletaccordancewiththerequirementofthesewagelcensetmaintain100%comliancewiththeemisinstandardsandhazard
EHsInspetiManagementMesuremesElectricHTrainingManagementMeasurendthmanagemntsysteminaccrdanouswastesaremaintainedat100%compliantdisposal:
withthelawandregulatonssuchasProductionSafetyLwofthePeopleRepublicfChina,nvironmentalPrtctionLawoftheele
RepubicfChinPreveniondColfOcupaonlDiseasesLawfthPopleepblifChin,RegutationnthReprig
InvestigationndHandingfProductinfetyAcident,mergencyResonsLawfthePepleepublifChin,ndHunPoic
RegulationsonProductionSafetyandothers.
ZhuzhouCRRCTimesElectricCo.,LtdZhuzhouCRRCTimesElectricCo.,LtdSociatResponsibilityandEnvironmental,SocialandGovernance(ESG)Re)
EHSorganizationalstructureEHSpolicy
OurcompanyhasestabishedcomletEHmanaementstructurnune203weadjustedtheSafetyEnvironmentalProttind
OccupationalHealtManagementCommitee,clarfiedthe9responsibiteofSafetyManaemetCommiteesLeadingGroup,thCEHspolicystatement
responsbiiesfSafetyManaementmiterkinroup,andsetuprofesionlrouforafetprductostandardizn
SafetyManagementCommitteeLeadershipTeamHeadedbytheGeneralManager
ntheprocessfalproductinndoperationactiviesfoucompanywensistsourcecontrot,systematiclyidentfy
potentialEHrisks,formulatecontrmeasures,improvetheintrinsicsafetydegree,improvetheworkingconditonf
Studyandfrulatecmpaysfetyervironmentalprottinandoccupationlhealtlaningandanualworklan,detminth
long-termgolfourcompanyssafety,environmentlprotectionandoccupatonalhealth,clarifytheannulworkbjectvendemployees,andcreateasafeandcomfortableworkingenvironment;
responsibleforcompany’sannualsafety,environmentalprotetionandoccupationalhealthperformanceappraisal-○
SecurityManagementCommitteeWorkingGroup
Oranizethedentfcaon,evluananonlfhazardousourceanenvirnmntlfactrforulatthelisfsafetyrsklasfImprovetheemergenyplansystem,improvetheemergencyrescuefailties,strengthenthemergencytrainingnddrils
cationandcontolrganizetheprepratioftheannualsfety,enviromentlprotectindocupationlhealhmanagemetlaandminimizethecasualties,propertylossesandenvironmentalpollutioncausedbyaccidents;
andsuperviseandinspectheimlementionftheplanCondutinternalandextenalauditsandmanagementreviewsftheH
managementsystemtocontinuouslyimprovetheperformanceofthesystem.
○
SafetyProductionStandardizationSpecialtyGroup
BasicmanagementThermalengineeringcombustionElectricalMechanicalworkenvironmentandComplywithEHslaws,regulations,standardsandotherrequirementsapplicabletoourcompany;
specialtyandexplosionmajorsspecialtyoccupationalhealth
Systemcertification○
OnDecember27,2023,weobtainedthelatest45001Occupa-EstablshEHStargetsandmanagementprogramsforcontinuousimprovement,continuouslyetiminateandreducerisks
tionalHealthandSafetyManagementSystemCertificationAllofourmajormanufacturingsubsidiariesStrengthenEHmonitoringandmeasurement,conductregularinternalauditsandmanagementreviews,andcontinuously
(UKAS+CNAS),whichisvaliduntilJanuary16,2027.haveobtainedIs045001:20180ccupationalimproveEHSoperationalperformance;
HealthandSafetyManagementSystem
Certification,○
Promotetheconceptofgreenenvironmentalprotection,continuetopromotecleanproduction,energysaving,emision
reductionandefficiency,andeliminateenvironmentalpollution;
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Payattentiontohealth,arforlife,protecthelegitmatrightsandinterestsfemlyees,andestablishanEHcuit
withcompanycharacteristics;
O
lnstitutiondevelopmentMotivateemployeesatallevelstoparticipateintheestablishmentandmaintenanceofoccupationalhealthandsafety
managementsystem.
Inordertstengthethmanagementfproductinafetyervirnmentprtectiandocuponlhelthrissidentfyandret
problemsintimelymanne,andensuretherelizationfEHgoalsandtargetsurcompanyhasssuedHSystemManaeme
HandbockandHPeformanceAsesmentandEvaluatonManagementMeasuresordetofurtherstrengthentheafetymanageentOO
weurgethleadeshiptefeahunitdepaentteformtheidutinsafeyprductin,ndstengthenthewrenesfrn
resposibityinsafetyproduction,ourcompanyhasssuedaftyProductioniskGuaranteAsesmentandManagementMeasure
Amongththerare5+itmfH-relatedmanageentmanualssaftmanagementethodafetmanagementrulend
cedures,and35+itemsofSafetyTechnicalOperationRegulationsrelatedtoeachequipment.Safetytrainingperformance
(2)HSsupplychainmanagementsystmlthebiddinprocesimesElecticexiyfrulatenviromentlprotctionegulathetechnicalspecifications,requiressupplierstorespondtoenvircentalissues,advocatesgreenproduction,andpromotestheenhance-TimesElecticlwayputmlyeeshealthandsafeyinthfistlaeandcreatgoodworkingenvirnmentndorganizatnlatmoshereactvettrouhserieanamentndintativerdertensurmloveehvsicalandmntlelthandses
nentandpracticeofenvironentalprotectionawareness.Meanw/hile,newaccessmanufacturersarerequiredtocarryouton-sitecertification
(EHcerfcanwheregularuplier-siterfiaHcerfictn)caedoutfrlduperstensurethtthHsysfthesuppliersmeetsourcompany’srequirementsandsafeguardsthesafetyandhealthoftheproductionenvironmentsecurityhanualnurfpductinsfetyiningfourmpany15wih00%triningcoerageatThetlufworksafetytraininghoursfortheyear:114,048hours.
huzhouCRRCTimesElectricCo.,LtdSocialResponsibilityandEnvlronrSocialResponsibilityandEnvlronrental,5ocialandGovernance(EsG)Rep
OEmployeeHealthManagementCOccupationalHealthandSafetyCulture
Ensureemployeesafety
Regularhealthcheckups
Ourcompayawayherestothegolfthreezersofzerdesfmprducnndsafyiitycidentnewocup-
Timeslecicatchemprtancetmyeeelth,ranizegularhealtcheckupforallmloyeinaccrdancewitomlyaldiseasenthjzerlafndexlosioncidentandthemajrimactaridentsndtakestengteningresnity
PhysicalxaminationManaementMeasureandoranizesgyeclogicalphysiclexaminandgynecologicalwcancerreaspefectinclningupervindpreentnystnatvlkestndarizdrc
canceandcervialner)reninforfmlemlyncrstenhancthenfchvemnthainesandsynrmsastecicsupt,ncnstatvteshfneendetrvtfenaeelevr
ofemployees.healthcheckftlamayttdishawastgasfurinwastwterrtentecialquipet,htinprt
devic,cupnldiseaazardndtxinhazardoujratrncndtastfrfetvli
protectiondevicesandsoon.
EmployeewellnessprogramInjune03urcmpaydjsdthfety,envirmentalprtctinndcupatnalhealthmanaementmmit,larfet
nsibilitiesoftheleadinggroupofsafetymanagementcommnitee.te11.resrnsibilitiesoftheworkinggroupofsafetymanagement
n202oulrunnrevsedMnemenMesurefmyewenesclarfyingthjets,thodssusidndrdimittee,Andestablshedantofescionalgroun.tor,grocuctlon,safetv,standardization,and.tormLlatedaseresofoccubatlonalhealhanc
Exenseeburmentfremloyewenesandstipulatingthtemloyeandrehirepersewhhavsignedfalarcoctsafeyoetvsutectvfutifestandarizatnthbjectivfdpevenehaset
withourcompanyandhavecmletedthesecondannivrsaryoftheirworkingyermayenjywelnessveryinaccrdancewithonofsafetyculture,aswellastheobjectiveofoccupationalheathandsafetymanagementtargets.
standards.
Inordetensuridrerydefctivesnnhningsfmrgeclemimizlosndrtcthsf
employeeandthnterestsfoucopanywhaveetuptheemergenymanaemntomtOrcomanyformlatevell
QGoodorganizationalclimateemergencyplanforemergencies,establishesemergencymanagementcommitteeorleadinggroup,clarifiesthemembersandduties,andis
respnsiblefrthfrulanmementtnanevaluanftmergencypianTherelevanteptentfurcmayryt
statistinofictnthleiftrplaevythnoayle2ergenrr
theplan,with124pacipants,ndthoetfpventioirimrantthreeeplrootedineteh
Organizationalclimatesurvey
InordertocreatagoodorgamizationalclimateTmesElectrichsformulatedMangementMeasuresforBuildingOrganizatnl
Clmateandregularyconductmlyesatisfactionsuveysandrganlzatonalclmatesurveyranizatonalctmatescloel○
relatedtothebehavlrandpsycholoyofemplyeesandtheestablishmentfagoodorgarizationallimateinanorgarizationcanenableemloyeestreleasemorftheirinnerpotentialandhaveapositveimpactntheorganizationsplaning○Case:“Exhaustgasleakage”emergencydrillinNingboCRRCTimes
decision-making,performanceandcompetitiveness.
Ourcomparycontinuousytestsandimprovestheemergencytreatentabityoftherailwaytransducerproductiondepartent
todealwiththeoccurrencfsuddentoxicandhamfulsafetyinidents,carriesutpreventinndtreatentandrescuework
inaccordancwiththelwandefectvelystrenthensthmloyeesself-protectinconsciouness,protectstemy
health,andmaintainsthesafetyandstabitityofourcompany.InSeptember2023,theraitwaytransJcerproductiondepart-
AttentiontoemployeementalhealthmentofthemanufacturingcenterofNingboCRCTimeTransduceTechnologyCoLtdcarrieoutheemergencydllf
exhaustgasleakageThecontentsofthedrillncludedtheleakageofexhaustgasinthecoatingworkshoponthethirdfoor
ofNo.2plantthefaintingandrescuprocessoftheoperatorsinthecotingworkshop,themergencytreatmentaftth
Ourcompanyhassetupthe“EmployeeAsistanceProgramemployeementalhealthconsultingservice,whichprovidescidentandthntyftheperatorintthitaftheexhaustgawcomletlydiseredThentreexerisrs
employeeswithopencommunicationchannelsandprofesionlpsychologicalcounseing,andpaysatentiontoemployeeIntertocking,cleardvisionflaorfaldepamentsinlaceinatimelymnne,nstictaccordancewiththermft
mentatheathandworkemotionsThroughthfiveserviceplafrmsofworkplacecademy,happinessclasroomranchprocessimplementation,testingtherallwaytransducerproductiondeparmenttodeatwithemergenciesemergencyreponse
positon,nergyhotineandspecialserviceourcomanycaeouth+Nenergyactontexlrethspecifcpratcfcapabilty,greatynhancingthedepattmentsemergencyresponsecapabitiesandemloyeesafetyawareness.
branchpositionconstruction.Weorganized20psychologicalcounselingsalonsthroughouttheyear.
Inordertenableemplyeestobetrexpresstheirdemcraticviews,creategoodandrelaxedworkingatoshereand
enhancetheirsensefbelongingandidentifictionwithourcompanywehavealsosetupachannelforsmothemtoyee-OCase:On-sitedisposalexerciseforabnormalitiesinthewastewatersystemofCRRCTimesSemiconductorCo,Ltd
000TunicationOucompanyhas4publiconditionliaisonfficersperatingtheubliconditionliaisnstation,applyingt
COAprocess,buildingpubiccondiionliaisonetworkexpandingubliconditionndpubicopiniontiasonchanneland
buldingpublcondiionandpublicopinninfrmationdatabaseln2023,ourcompanycaiedouttotalof40seminarandInOctober2023,ZhuzhouCRRCTimesSemiconductorCo,Ltd(“CRRCTimesSemicon-ductor)carriedoutanabnoimaton-sitedisposatdrillofthewastewatersystemin
exchanges,13questionnairesurveys,collectedatotalof236issues,andsolved165Issues.thepurewaterstationofthefourthlineplantservices,withtheaimofenhancingthe
ergencyresponsespeedandon-sitehancngabilityoftherelevantpersc
effectlvetysafeguardingthehealthandsafetyoftheerryees,andpreveitingthe
occurrenceofenvinentallyhazardousevents.lnthecourseof thedrill,therewere
problemssuchasnocleardivisionoflaboramongtheparticipants,defectsinthe
timelinessoftherecoverysystem,andlackofsmoothcommunicationbetween
groups.Theconductorprovideddetailedguidanceandcorrectionstothetraining
4013ollectedatotalofsolvedproblerms.Afterthisdrill,weimprovedtheemergencyresponsespeedandon-site
handlingabilityofpurewastewaterpersonnel,andmadethemfamiliarwiththe
inarsandquestionnaire236165emergencyresponsecommandprocess.ltensuresthatwecanprotectthestaffslife
xchangessurveysIssuesssuesandsafety,restorethesystemandensuretheproductioninthefirsttimewhenwe
encounterthesamesituationinthefuture,
huzhouCRRCTimesElectricCo.,LtdSocialResponsibilityandEnvironmental,Socialand,Governance(EsG)ReportSocialResponsibilityandEnvironmental,Socialand,Governance(EsG)Report
Buildsafetyculture
TimesElecticachegretmrtanctworksftyandstrngthenmyeesafetywrenessthrughviousctiedintv
topreventaccidentsandsafeguardtheirlivesandproperties.
Case:Emergencyrescuedrillforchemicalleakageinthelaboratoryoftheautomobiledivision
-○
lnorderforouremployeestobeterunderstandtheworkandfunctionsundertakenintheprocessofemergency
disposal,andtohelpthemenhancetheawarenessofemergencymanagementofchemicalleakage,TimesElectrichascontinuoustyimprovedtheemergencyrescueabilityandcomprehensivequaltyoftheemergencyresponseofCase:TimesElectricheldanincentiveprogramforreportinghiddenaccidenthazards
theemployeesthroughanumberofregulardrils.Thedrilmprovedthecorrectusofemergencyrescueequipment
andpracticalabityofthestffsothatwecanfindandtransfertheinjuredfortreatmentinthefirsttime,reortOurcompanyhasplannedandreleasedaprogramfrewardingthestafforreporinghiddendangerswhichhasbeenfuly
theleadershipandcallthefirstaidphoneintime.implementedaanannualkeywork,andhaeenpublicizedandstudiedinthesafetcomiteestrivingtoforcorprat
safetycultureof“activemanagement,fullparticipation,teamworkmutulasistanceandcontiruousmprovementOuA
InJune2023,HunanCRRCElectricDriveAutomotiveDivisioncarriedoutanemergencyrescuedrillforchemicathiddendangerplatformsavllableforemplyeestreporthiddenacidentsandsupervisethemlementionfclosed-loo
leakageinthelaboratory.Thedrillplannedthedrilprograminadvance,determinedthefocusofthedrillndrectifiction,ndtheeisaaccoutfhidenacidents,withatotlf3hideaccidenteportedthroughouthea○
strengthenedtheemergencyrescueabilityofemployees.
None
Case:TimesElectricsafetymonthactivitiesO
Weactivlyorganizedfyontctiviesinclingforkliftskilscometionmergencyskilsetiocontes,n
videoandnewspromotionfortheactivities.
None
TimesElectricattachesgreatimportancetthemanagementfoccupationaldiseasepreventionandcontrolandconstantyCase:TimesElectricactivelyorganizescomnhunicationtrainingtorectifyhiddensafetyproblems
improvesandstrengthensthemanacentsystemofoccupationaldiseasepreventionandcontroltoprotectthehealthand
safetyofemployees.lAugust223TimesElectricrevisedandreleasedOccupationalDiseasePreventionandControlManage
mentMeasurestoensurethatitisinlinewiththelatestregulatoryrequirementsandindustrystandards.OurinitiativessuchasSafetycommitteeofourcompanytoshareandexchangeknowledgerelatedtothe
updatingciteddocumentsandsupplerentingconstructionindustryrelatedregulationshelptoimprovetherelevanceanddentificationandpreventionofexplosivedust,organizingrelevantsafetymanagement
effectivenessofourmanagement.personneltolearnfromtheexperienceofdustmanagementinbrotherunits,organizingr
safetymanagermentpersonneltofocusonlearningthecontentsofOrderNo,10Explosive
TimesElectichasstrengthenedtheidentificatioandpreventivecontrolofoccupationaldiseasehazards,identifiedandDust.Forcrowdedplacesfireandexplosionprevention,limitedspaceoperations,speciat
resovedpossibleoccupaionaldiseasehazardintimelymannerthroughregulrinspectionsandassessments,andtakeroperations,outsourcingprojects,dustandexplosion-relatedplaces,tocarryouttheeraof
efetvemeasurestopreventandcontrlthem.Ourcompanyhasformulatedatemplatforthenotificationofocupationaelectricalirregularitiesandviolationsofspecialrectificationaction,monthlystatisticsof
hazards,clearyinformingemloyeesoftheoccupationaldiseasehazardsthattheymayeexposedtatwork,awelasthehiddenproblemsandhiddenproblemsrectificationlist.Amongthem,atotalof102二
correspondingprotectivemeasuresandpersonalprotectvemeasureWehavealsoestablishedanoccupationalhazardshiddenproblemswereidentifiedinMay,allrectifiedandclosedtheloop,reported4
bulltinboardtoreqularypublishinformationrelatedtothepreventionandcontrolfoccupationaldiseases,includingtypicalproblemstoZhuzhouEmergencyManagementBureau.
hazardousfactor,prttivmeasureworksafetyprecautintc.astraismloyeeswarenesfandatentint
thepreventionandcontrolofoccupationaldiseases.
FromMaytoJuly2023,ourcompanycarredoutoccupationalhealthchekupsforthepersonnelwhoreceivedthehazardswithZhuzhouLaborHealthOccupationalDiseasePreventionandControlCenter,andcarredoutannualhealthcheckupsfortheOCase:TimesElectricorganizationoccupationalheathtrainingandpromotion
tradeunionmemberwithteCentalHospitlinOctobe,withatotalof589personsparicipatinginoccupationalhealth
checkups.AccordingtotheannualoccupationalhealthandsafetytrainingplanfTmesElectric,ourcomparyorganizedthefirstersn
incharge,occupationalheathmanagementpersonneltotling15peopletoparticipatintheretrainingandobtining
certificatesorganizedbyhuzhouMunicipaealthandSafetCommission,andallfthembtinedthecericatesucce-
fully.Duringtheoccupationaldiseasepreventionandcontrollawpublictyweek,weorganizedtrainingonoccupational
℃easesandoccupationalhazardsprotectionforpersonnelexposedtohazardousfactorsandoperatorsinimportant
ositionsndmadepublityanelsforoccupationaldiseasepreventionancontrollwpublitweektemedacives
r+℃lnAprilwranizedseriefsafetyandculturalatiinpreventioandcontrolfoccupationaldisese,
patedinthe2023OccupatinalHealthWorkConferenceofZhuzhouCity,recommended4employeestoparticipateinthe
selectionofCRRCHealthyPersonand2empioyeeswonthehonorof“CRCOccupationalHealthyPerson”,andpartic-
patedinthehealthyenterprisetrainingconferenceinJuly.
JoinHandstoCreate0606
aBetterFuture
Basedonpeople-orientedandfromtheheart,TimesElectriccreates
valueforallstakeholderswhilegivingbacktothesocietywithsincere
effortsandactivelyparticipatesinvariouspublicwelfareandcharity
actions.Weorganizevoluntaryactivities,focusoneducationandassit
tance,buildqualitycommunities,beartheresponsibilityoflivelihood
development;andstrivetocreateaharmonioussociety.
6.1ContributetoCommunityBuilding1055
6.2EnvironmentalPhilanthropy106
izhou,CRRcTimesElectricCo,Ltdizhou,CRRcTimesElectricCo,LtdSociatResponsibilityandEnvironmental,Socialand,Governance(EsG)
(
ContributetoCommunityBuildingEnvironmentalPhilanthropy
Adheringtotheideaof“team-oriented,individualsupplemented,iiTTimesElecticPVproductshavebeenalidtruralroofphtovlticwergeneraionprojetsinYunnan,jiangsuandZhjiang
viceenterrprises,radiatingsociety”,in2023,TimesElectrictooktheregions,providing“greenpower”forruralrevitalizationandhelpingthemassestoobtain“sunshineincome”
24th“YouthVolunteerServiceDay”asanopportunitytoorganizemorethan10LeiFengSpiritlearningactivities,andplannedandTTTimesElericalscarreutgreendpositprojectsrelatedtsolarpowergenerationbasednGuideineforMeasuringEneg
carriedoutthenaticpracticalactivitiesintheareasofoperationSavingandEmissionReductionofGreenCreditProjects(Anex3ofChinaBankingandInsuranceRequlatoryComissionLetter(2020
assistance,educationassistance,publicwelfareandenviro0No.739)andthegreenprojectenvirehentalbenefitmeasurementdevelopedbythird-partyassessmentandcertificationorganiza-
protection.Morethan20hands-onactivitieshavebeencarriedout,tionsnegreenindustyprjectuporedbythisgreeneositcnachevenanuaredtiof5tonfcardioxid
withmorethan200hoursofvolunteerservice,coveringmorethan400issionsafterperation,fwhich,accordingtotheratiofthbalancfthisgreendepositothetotalinvestentftheprjct,
people.theannualcarbonemisionreductionbenefitdrivenbythegreenindustryprojctuppredbythisgreendepositiscarndioxid
股0missionreductionof10,500tons.
Inpromotingfaireducation,ourcompanyreliesonthe“Yuexing”量行动
None
VolunteerAssociation,whichcontinuouslyoperatesthethree7
platformsofcorporateservices,socialwelfareandeducation
assistance,andpromotesvolunteerservicesonaregularbasis.Jointly
withYanlingCountyCommitteeandYanlingCounty“Yupian”
VolunteerAssciationwecarriedoutcholaidatiteinXianpingvilageLongxiwnship,YanlingCountytpubicizu
company'scultureandshowoursocialresponsibility.
Intermsfcingforthehealthofcommunityresidentsourcompanyorqanizedandplannedmorethablooddontionsesons
throughotheyearf023,withver200successublooddonations,andwontheZhuzhouAdvncedUnitofBloodDontionand
theLoveUnitofBloodDonationforLearninqfromLeiFenq,soastomaketheredribbonsofthetransissionoflifeglittering.
Instrengtheningenvironmentaprotection,TimesElectricactivetyrepondstothcabonpeakingandcaronneutraltysttegy
focuses.on,enhancino.theawareness,ofvoung,emoloveesto,save,tesouces,and,protect.thehent,andorganizationofthe
outhLeautllevelsactvelcarioutuliwefractiviesuhtrelanin,lw-cbntrvewasttiza
andfurtherintegratestheconceptfgreen,low-carbonandenvironmentlprotectionintothedevelopmentofmarkets,prduct
researchanddevelopment,manufacturingandotheraspectsofthemarket.Ourcompanycarriedoutapublicwelfaretree-planting
activitySowingGreenSpring,LghtingDoubleCarbonFuureandoursubsidiary,CRRCTimesSemiconductor,carriedout
greeningmaintenanceactivityGreenFactory,GrowingResources”
NinbCRRCTiesTransduceTechnolgCo.Ltd,asubsidiarycompanyfTimesElectric,caedouteriefactiviiestlen
upthedirtinthepoolofthefactoryandpublicizetheawarenessofenvironmentalprotection.
None
1
None
None
ConclusionConclusion
Outlook109
ESGKeyPerformance110
Suggestions&Feedback128
□1I
None
1II
None
I
None
None
I
□℃I
SocialResponsibilityandEnvironmental,SocialandGovernance(ESG)ReSocialResponsibilityandEnvironmental,SocialandGovernance(ESG)Re
0
ESGKeyPerformance
ln2024,TimesElectricwilunitetheheartsofallpeople,pooltheirstrengthsandwisdom,anduseESGpracticesCEnvironmentalkeyperformancetable
toaddstrengthtothegrandblueprintofhigh-qualitydevelopment.  Nameofkeyperformanceindicator         lndicatorunit         Statistics         
  In2021         In2022         ln2023         
  Municipalwaterpurchases         10,000cubicmeters         172         175         237         
  Purchasedelectricity         10,000kilowatt-hour         14910         17168         20364         
  Electricityconstionpercapita         Kilowatt-hour         19281         21476         24289         
  Naturalgas         10,000cubicmeters         231         251         246         
  Naturalgasusagepercapita         Cubicmeter         298.72         313.99         293         
  consumptionComprehensiveenergy         Tonsofstandardcoal         21472         24733         28507         
  [onoutputvalueComprehensiveenergymption.of10,000yuan         Tonsofstandardcoal/10,000tonsofproductionvalue         0.013         0.013         0.013         
  Totalgreenhgasemissions         equivalentTonsofcarbondioxide         97321         111668         131738         
  Scope1         equivalentTonsofcarbondioxide         10696         13368         15602         
  Scope2         equivalentTonsofcarbondioxide         86625         98300         116136         
  Greenhousegasemissionintensity         Tonsofcarbondioxideequivalent/10,000tonsofproductionvalue         0.0644         0.0619         0.0604         
WewillcontinuetoimprovetheESGgovernancestructureandenhancequalityandefficiencyatallevelsof
decision-making,management,executionandoperation;andhammerouthighqualitypartyspiritandwork
standards,style,competence,processesandteamwork,internalandexternalsynergies.
Wewillfullyfulillourdutiesandobligationsasalistedcompanyandstrengthenourcommunicationwithour
shareholders,customer,employees,suppliers,thepublicandotherstakeholders,soastoformgoodecology
ofmutualbenefitandwin-winsituationandharmoniousdevelopment.
Wewillcontinuetostrengthenecologicalenvironmentmanagement,activelyexploreandpracticetheharmoni-
ousintegrationmodeofecologicalprotectionandindustrialdevelopment,andpromotegreenandlow-carbon
developmenttoachievenewresults.
Wewillstrengthenthephysicalandmentalhealthcareforemployees,effectivelyprotectherightsandinterests
ofemployees,andimprovetheremunerationsystem,soastounitetheenthusiasm,initiativeandcreativityofall
employeesintheirworkandperformanceoftheirduties.
Wewillenhanceourresponsibility,participatemoreactivelyinpublicwelfareundertakings,drivethedevelop-
mentoftheindustry,enhancethewel-beingofpeopleslivelihood,andbringthecareandwarmthofour
employeestoallwalksoflife.
Inthefuture,wewillcontinuetograspthemainlineofhigh-qualityandhigh-eficiencydevelopment,withthe
goalofacceleratingtheconstructionofworld-classprofessionalleadingdemonstrationenterprisesandthe
creationofscienceandtechnologyreformdemonstrationenterprises,andgrasptheopportunitiesofthe“intel-
ligent”and“carbonpeakingandcarbonneutrality”strategy,andcontinuetowriteanewchapteroftheeraof
TimesElectricESG,withthedigitalelectricasthetraction.
(
CSocialkeyperformancetableCSocialkeyperformancetable  performanceindicator         Indicatorunit                  
  ln2021         ln2022         In2023         
  Totatwastegasemissions         Cublcmeter         2,893,250,200.00         2,929,455,131.95         3,433,954,766.08         
  Totalwastewaterdischarge         Ton         843000         982100         1287300         
  Totalrecyclablewaste         Ton         434.13         610.43         672.15         
  Totalgeneralsotidwaste         Ton         2,056.08         2,743.17         3,646.80         
  Totalhazardouswaste         Ton         672.05         1,220.24         1,666.71         
  Totalpackagingablesused         Ton         7,383.39         7,588.43         7,445.91         
TimesElectchaonductdGaccouninfTmesElec(incluingitwholywedsubsidaroldingcparnbrachen  Nameofkeyperformanceindicator         Indicatorunit         Statistics         
  ln2021         In2022         ln2023         
           Totalnumberofemployees         Person         7733         7994         8384         
           Male         Person         5929         6217         6598         
  Bygender         Female         Person         1804         1777         1786         
           51andabove         Person         502         520         529         
           41-50         Person         1340         1467         1699         
  Byage         31-40         Person         4339         4399         4335         
           Under30         Person         1552         1608         1821         
  Byeducation         Dr.&Prof.         Person         124         122         125         
  Master         Person         1396         1554         1843         
  Undergraduate         Person         4721         4900         5085         
  Juniorcollege         Person         925         892         857         
  Belowjuniorcollegelevel         Person         567         526         474         
accordancewithI5014064:2018.
1.Scopinemisonsfmfifuelusfnrndgalinefugivmisnfstnkigent
andemisonsfrosemicndutprdutpressesscopreerstemisosfpurchsedelecticthstcla
notinclude,overseasentities).
2Thecalorfcvalffoifuesicisdervdfr/589-202,andthemisnfactrrerivefrPC200nd
PCC2021;themisionfactorsfelectricityincoaredervedfmNoticeonthePrortyworkRelatedtotheMangementfree
GasEmissionReportingbyEntergisesinthePowerGenerationIndustryin2023-2025bytheMinistryofEcologyandEnvironmentofChina
(EDhentalOfficeClimateLetter[2023]No.43).
3lnaccordanewthth406421standard,thgrnhousgsmisidtfr02and202havbenrecalculatnwhch
electritymisinfactrforcoinisderivdfMinsryfclogicalnvirnmentticnDoingoodjfthKeask
RelatedtothManagementfEnterprseepringGrhouseGasEmisinsin2022(vironmentalOfcClimateLetter[202]N) { "contents": [], "table": [ { "type": "table", "pos": [ 134.0, 217.0, 1046.0, 1423.0 ], "data": [ { "type": "cell", "pos": [ 134.0, 217.0, 410.0, 303.0 ], "text": "Nameofkeyperformanceindicator", "row": 0, "col": 0, "col_span": 2, "row_span": 2 }, { "type": "cell", "pos": [ 412.0, 217.0, 503.0, 303.0 ], "text": "Indicatorunit", "row": 0, "col": 2, "col_span": 1, "row_span": 2 }, { "type": "cell", "pos": [ 505.0, 217.0, 1046.0, 258.0 ], "text": "Statistics", "row": 0, "col": 3, "col_span": 3, "row_span": 1 }, { "type": "cell", "pos": [ 505.0, 259.0, 687.0, 303.0 ], "text": "ln2021", "row": 1, "col": 0, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 691.0, 259.0, 880.0, 303.0 ], "text": "ln2022", "row": 1, "col": 1, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 882.0, 259.0, 1046.0, 303.0 ], "text": "ln2023", "row": 1, "col": 2, "col_span": 1, "row_span": 1 }, { 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1071.0 ], "text": "0", "row": 6, "col": 4, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 1474.0, 1076.0, 1784.0, 1188.0 ], "text": "Numberofemployeesattendingmedicalcheckupsforoccupationaldiseases", "row": 7, "col": 0, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 1786.0, 1076.0, 1877.0, 1188.0 ], "text": "Person", "row": 7, "col": 1, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 1878.0, 1076.0, 1995.0, 1188.0 ], "text": "1008", "row": 7, "col": 2, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 1997.0, 1076.0, 2115.0, 1188.0 ], "text": "1200", "row": 7, "col": 3, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 2116.0, 1076.0, 2234.0, 1188.0 ], "text": "1125", "row": 7, "col": 4, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 1474.0, 1192.0, 1784.0, 1304.0 ], "text": "Numberofemployeesattendingmedicalcheckupsforoccupationaldiseases", "row": 8, "col": 0, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 1786.0, 1192.0, 1877.0, 1304.0 ], "text": "Person", "row": 8, "col": 1, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 1878.0, 1192.0, 1995.0, 1304.0 ], "text": "1008", "row": 8, "col": 2, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 1997.0, 1192.0, 2115.0, 1304.0 ], "text": "1200", "row": 8, "col": 3, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 2116.0, 1192.0, 2234.0, 1304.0 ], "text": "1125", "row": 8, "col": 4, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 1474.0, 1307.0, 1784.0, 1421.0 ], "text": "Numberofemployeessufferingfromoccupationaldiseases", "row": 9, "col": 0, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 1786.0, 1307.0, 1877.0, 1421.0 ], "text": "Person", "row": 9, "col": 1, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 1878.0, 1307.0, 1995.0, 1421.0 ], "text": "0", "row": 9, "col": 2, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 1997.0, 1307.0, 2115.0, 1421.0 ], "text": "0", "row": 9, "col": 3, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 2116.0, 1307.0, 2234.0, 1421.0 ], "text": "0", "row": 9, "col": 4, "col_span": 1, "row_span": 1 } ] } ], "table_counts": 0}
OGovernancekeyperformancetableOGovernancekeyperformancetable  Nameofkeyperformanceindicator         dc         Statistics         
  ln2021         In2022         ln2023         
  personnel(note:anlesSecuritylncidentsandappllcabletocomwithproductionsites)         Numberofemployeesinjuredatwork         Person         0         0         0         
  Nurmberofwork-relatedaccidents         Accident         0         0         0         
  Numberofoccupationaldiseases         Person         0         0         0         
  Numberofwork-relatedfatalities         Accident         0         0         0         
  Numberofwork-relatedfatalities         Person         0         0         0         
  Millionman-hoursmortalityrate         %         0         0         0         
  Totalhealthandsafetyinputs         10,000yuan(RMB)         3434         4691         4939         
  Worksafetytrainingperformance         Numberofpeopletrainedinsafety         Person         11030         13996         14256         
  Hoursofsafetytraining         Yuan         88240         111968         114048         
  Safetytrainingcoverage         %         100         100         100         
  Numberofcomptaintsreceivedaboutproductsandservices         Piece         3         4                  
  Complaintshandlingrate         %         100         100         100         
           Qualifiedrateofproductsampling         %         /         /         100         
           Numberofproductrecalls         Piece         0         0         0         
  duetosafetyconcerns         Percentageofsoldorshippedproductssubjecttorecall         %         0         0         0         
  SystemcertificationSrope,pfbusinesscovered.bv,gualitv,manaoement         %         100         100         100         
  Customersatisfaction         %         92.40         92.50         93.10         
  Nameofkeyperformanceindicator         lndicatorunit         Statistics         
  ln2021         ln2022         ln2023         
  Numberofshareholdersmeetingsheld         Time         2         4         3         
  Numberofboardofdirectorsmeetings         Time         10         9         9         
  Numberofsupervisoryboardmeetings         Time         10         7         7         
  NumberofstrategyandEsGcommitteemeetings         Time         1         2         2         
  Numberofauditcommitteemeetings         Time         6         5         5         
  Numberofriskcontrolcommitteemeetings         Time         2         1         2         
           Numberofremuineration.committeemeetings         Time         2         3         3         
           Numberofnominationcommitteemeetings         Time         3         3         3         
  Numberofmembersoftheboardofdirectors         Person         10         11         8         
  Disclosurebygender         Maledirector         Person         9         10         8         
  Femaledirector         Person         1         1         0         
  Disclosurebytype         Independentdrector         Person         5         6         4         
  Non-independentdirector         Person         5         5         4         
  EC0indicator         Revenue         100millionyuan(RMB)         151.21         180.34         217.99         
  Netprofitattributabletotheparentcompany         100millionyuan(RMB)         20.18         25.56         31.06         
  Cashdividendsper10shares         yuan(RMB)         9         5.5         7.8         
IndexTableofReportingCriteriaIndexTableofReportingCriteria  GRlStandardNumber         GRlStandardContent         Chapter         Pages         
           Organizationanditsreportingpractices                           
  2-22         Statementonsustainabledevelopmentstrategy         ESGManagement         13         
  2-27         Compliancewithlawsandregulations         ManagementSubstantiateCompliance         34-39         
  GRl3:MaterialTopics2021                                    
  ---------3-1         -----Processtodeterminematerialtopics         ESGlssueldentification         26-27         
  3-2         --===0Listofmaterialtopics10===0-=--=0         ESGlssueldentification         28         
  3-3         Managementofmaterialtopics         ESGlssueldentification         26-27         
  -------         -----------------------GRl203:IndirectEconomicImpacts2016         --------                  
  203-1--*------         -------Infrastructureinvestmentandservicessupported-----.=------         R&DTopic:ProductInnovation         43-49         
  -…----…-……-         -*--**--------------GRl205:Anti-c0rruption2016                           
  205-2         policiesandproceduresCommunicationandtrainingaboutanti-corruption         ManagementSubstantiateCompliance         35-38         
  -GRl207:Tax2019         ---*--*         -----*-                  
  207-1-…-------…..-.-         -Approachtotax..…...…---...........--.-.--..-….-         Management------SubstantiateCompliance         39         
  -----207-2         Taxgovernance,controlandriskmanagement         ManagementSubstantiateCompliance2元元元元元分分号元元元元元元元元元元元         --------39         
  GRl302:Energy2016                                    
  302-1=*-*         Energyconsumptionoutsideoftheorganization         ---PromoteEnergyManagement         66-67         
  302-4         --r2-=m--Reductionofenergyconsumption         PromoteEnergyManagement         66-67         
  302-5--------------         services-----------Reductionsinenergyrequirementsofproductsand         PromoteEnergyManagement-----         66-67---------         
IndexofGRlsustainabilityreportingcriteriaindicators
Table:IndexofGRlSustainabilityReportingStandardIndicators
UsageNot:TimesEleticreporedtheinfrmationciteinthisGRContentdexfmanuary2023throughDeembr202byrferecet
theGRlStandard.
GRl1Used:GRl1:Foundation2021  GRIStandardNumber         GRlStandardContent         Chapter         Pages         
  GRl2:GeneralDisclosure                                    
           五至五2-至元Organizationanditsreportingpractices         -**-**                  
  2-1         Organizationdetails         Reportlntroduction+---------         3         
  2-2         22222sustainabilityreporting1222222222222Entitiesincludedintheorganization’s         Reportlntroduction         3         
  2-3         Reportingperiod,frequencyandcontactpoint         Reportlntroduction         3-4         
  -***Activitiesandworkers         --.---.…..-...............                           
  2-6         relationships元元-元-元Activities,valuechainandotherbusiness         AboutTimesElectric         7-16         
  2-7         Employees         ManagementOptimizeTalent         81         
  Governance         ....................         ““-                  
  2-9         Governancestructureandcomposition         ESGManagement         23-24         
  2-12         ingthemanagementofimpactsRoleofthehighestgovernancebodyinoversee-         BoardESGStatement         23         
  2-14         、abilityreportingRoleofthehighestgovernancebodyinsustain-         BoardESGStatement         23         
  2-16         Communicationofcriticalconcerns         ManagementStableOperation         29-33         
  2-17-----------         -+----------.Collectiveknowledgeofthehighestgovernancebody         ESGManagement+-----------------         *r+23-24-----         
  GRIStandardNumber         GRlStandardContent         Chapter         Pages         
           GRI404:TrainingandEducation2016                           
  404-1         Averagehoursoftrainingperyearperemployee         ESGKeyPerformance         114-115         
  404-3         -mm=-Percentageofemployeesreceivingregularperformanceandcareerdevelopmentreviews         TrainingEValueEmployee         87         
           -------------GRl405:DiversityandEqualOpportunity2016         ---                  
  405-1         Diversityofgovernancebodiesandemployees         ManagementOptimizeTalent         81-82         
  ---------         -----.-------*+-------------GRl413:LocalCommunities2016         --*---------         -=++-         
  413-1         Operationswithlocalcommunityengagement,impactassessments,anddevelopmentprograms..............         BuildingContributetoCommunity         105         
           GRl416:CustomerHealthandSafety2016                           
  416-1         Assessmentofthehealthandsafetyimpactsofproductandservicecategories         AssuranceCreateReliable         49-51         
           GRI417:MarketingandLabeling2016                           
  417-1         andlabelingRequirementsforproductandserviceinformation         PromoteDigitization         57-58         
  417-3         communicationsIncidentsofnon-complianceconcerningmarketing         PromoteDigitization         57-58-.         
  GRlStandardNumber         GRlStandardContent         Chapter         Pages         
           GRI303:WaterandEffluents2018                           
  303-4-------         Waterdischarge         ESGKeyPerformance         111-----.-.--.         
  303-5         Waterconsumption..-......-…..….…...…..         ESGKeyPerformance         110         
  GRl305:Emissions2016                                    
  305-1         Direct(Scope1)GHGemissions         ESGKeyPerformance         110         
  ----305-2         Energyindirect(Scope2)GHGemissions         ESGKeyPerformance         110         
  305-4------+         GHGemissionsintensity         ESGKeyPerformance         110         
  GRl306:Waste2020                                    
  306-1         impacts-=---:Wastegenerationandsignificantwaste-related         EnhancePollutionCapabilitiesPreventionandControl         78         
  306-2         impactsManagementofsignificantimpactswaste-related         CapabilitiesEnhancePollutionPreventionandControl         78         
  306-3         Wastegenerated         EnhancePollutionCapabilitiesPreventionandControl         --78         
  GRl401:Employment2016         …….………………………………………………………………………………………………………..         **-                  
  401-2-折-         notprovdedtotenBenefitsprovidedtofull-timeemployeesthatareiporaryorparttimeemployees         andBenefits2--lmproveCompensation2--主         .….......--84         
           Rl403:OccupationalHealthandSafety2018         票                  
  403-1         Occupationalhealthandsafetymanagementsystem         GuardHealthandSafety         95-97         
  403-5         Workertrainingonoccupationalhealthandsafety         GuardHealthandSafety         98         
  403-6         Promotionofworkerhealth         GuardHealthandSafety         99         
  ==-403-7         -----Preventionandmitigationofoccupationalhealthandsafetyimpactsdirectlylinkedbybusinessrelationships         GuardHealthandSafety         -100-102--         
  403-8         managementsystemWorkerscoveredbyanoccupationalhealthandsafety         GuardHealthandSafety         ----+--97         
  403-9aaa         Work-relatedinjuries         -ESGKeyPerformance-         116..         
ContentindexofGuidelinesonEnvironmental,ContentindexofGuidelinesonEnvironmental,           Mainscope,dimensions,keyperformanceindicators         Indicatordescription         Chapter         Pages         
           Generaldisclosure         equipment,etc,energy,waterandotherrawmaterials.Policiesfortheefficientuseofresources,includingstorage,transportation,builtdings,electronicNote:Resourcescanbeusedforproduction,         PromoteEnergyManagement         66-67         
           KeyperformanceindicatorA2.1         gas,oroil)consumption(inthousandsofunit,perfacility)bytype.Totaldirectand/orindirectenergy(e.g.,electricity)kilowatt-hours)andintensity(e.g-,perproduction         PromoteEnergyManagementESGKeyPerformance         66-67,110         
  LevelA2:Resourceutilization         KeyperformanceindicatorA2.2         productionunit,perfacility).Totalwaterconsumptionanddensity(e.g.,per         ManagementPromoteEnergyESGKeyPerformance         66-67,110         
           KeyperformanceindicatorA2.3         andthestepstakentoachievethem.Describetheenergyefficiencygoalsestablished         PromoteEnergyManagement         66-67         
           KeyperformanceindicatorA2.4         Describeanyproblemsthatmayexistinobtainingsuitablewatersources,aswellasthewaterstepsthathavebeentakentoachievethesegoals.efficiencygoalsthathavebeenestablishedandthe         PromoteEnergyManagement         66-67         
           KeyperformanceindicatorA2.5         unitofproduction.Totalamountofpackagingmaterialsusedinfinishedproducts(intons)and,ifapplicable,per         ConstantGreenOperationESGKeyPerformance         64-65,111         
  LevelA3:         Generaldisclosure         Policiestominimizetheissuer'ssignificantimpactontheenvironmentandnaturalresources.         mentGovernancePerfectEHsManage-MeliorateEnviron-mentalProtection         63-64         
  Environ-mentandnaturalresources         indicatorA3.1Keyperformance         tomanagetheimpacts.Describethesignificantimpactsofthebusinessactivitiesontheenvironmentandnaturalresourcesandtheactionsthathavebeentaken         menttalManagementPerfectEHsManage-ImproveEnvironmen-EnhancePollutionPreventionandControlCapabilities         63-64,78         
  LevelA4:Climate         Generaldisclosure         Policiesforrecognizingandrespondingtoandmayhaveanimpactontheissuer.significantclimate-relatedmattersthathavehad         ChangeResponsetoClimate         68-78         
  change         KeyperformanceindicatorA4.1         issuer,andtheactionstakeninresponse.Describethesignificantclimate-relatedmattersthathavehadandmayhaveanimpactonthe         ChangeResponsetoClimate         68-78         
SocialandGovernanceReportingoftheStockExchangeofHongKong           Mainscope,dimensions,keyperformanceindicators         lndicatordescription         Chapter         Pages         
           Rl403:OccupationalHealthandSafety2018                                    
           Generaldisclosure         tionoftheissuer,tions.dischargestowaterandland,andgeneshazardousandnon-hazardouswaste:(a)policles;andnationallawsandregulations.Emissionsofgasesandgreenhousegases,andregulationsthathaveasignificantimpactonsulfuroxidesandotherpollutantsregulatedbyGreenhousegasesincludecarbondioxide,methane,nitrousoxide,hydrofluorocarbons,perfluorocarbonsandsulphurhexafluoride.Hazardouswasteisdefinedbynationalregula-(b)informationoncompliancewithrelevantlawsNote:Exhaustemissionsincludenitrogenoxides,         ChangePreventionandResponsetoClimateEnhancePollutionControlCapabilities         68-78         
  LevelA1:Emissions         indicatorA1.1Keyperformance         Emissiontypesandrelatedemissiondata.         CapabilitiesEnhancePollutionPreventionandControlESGKeyPerformance         78,111         
           KeyperformanceindicatorA1.2         Totaldirect(Scope1)andenergyindirect(Scope2)GHGemissions(intons)and,ifapplicable,intensity(e.g.,perunitofproduction,perfacility).         ChangeResponsetoClimate         72         
           KeyperformanceindicatorA1.3         Totalamountofhazardouswastegenerated(intons)and,ifapplicable,density(e.g..perproductionunit,perfacility).         CapabilitiesEnhancePollutionPreventionandControlESGKeyPerformance         78,111         
           KeyperformanceindicatorA1.4         ofproduction,perfacility).(intons)and,ifapplicable,density(e,g,perunitTotalamountofnon-hazardouswastegenerated         CapabilitiesEnhancePollutionPreventionandControlESGKeyPerformance         78,111         
           KeyperformanceindicatorA1.5         stepstakentoachievethem.Describetheemissiontargetsestabtishedandthe         CapabilitiesEnhancePollutionPreventionandControl         78         
           indicatorA1.6Keyperformance         achievethem.andnon-hazardouswastes,anddescribethewastereductiontargetssetandthestepstakentoDescribethemethodsusedtodealwithhazardous         CapabilitiesEnhancePollutionPreventionandControl         78         
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"ValueEmployeeTraining", "row": 9, "col": 3, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 921.0, 1164.0, 1048.0, 1310.0 ], "text": "85-90", "row": 9, "col": 4, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 224.0, 1314.0, 405.0, 1396.0 ], "text": "indicatorB3.1Keyperformance", "row": 10, "col": 0, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 409.0, 1314.0, 787.0, 1396.0 ], "text": "middlemanagement).Percentageofemployeestrainedbygenderandemployeecategory(e.g,,seniormanagement,", "row": 10, "col": 1, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 790.0, 1314.0, 919.0, 1396.0 ], "text": "TrainingESGKeyPerformanceValueEmployee", "row": 10, "col": 2, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 921.0, 1314.0, 1048.0, 1396.0 ], "text": "85-90,115", "row": 10, "col": 3, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 224.0, 1399.0, 405.0, 1488.0 ], "text": "KeyperformanceindicatorB3.2", "row": 11, "col": 0, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 409.0, 1399.0, 787.0, 1488.0 ], "text": "Averagenumberofhoursoftrainingcompletedperemployee,bygenderandemployeecategory.", "row": 11, "col": 1, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 790.0, 1399.0, 919.0, 1488.0 ], "text": "ValueEmployeeTrainingE5GKeyPerformance", "row": 11, "col": 2, "col_span": 1, "row_span": 1 }, { "type": "cell", "pos": [ 921.0, 1399.0, 1048.0, 1488.0 ], "text": "85-90,115", "row": 11, "col": 3, "col_span": 1, "row_span": 1 } ] } ], "table_counts": 0}
ZhuzhouCRRCTimesElectricCo..LtdZhuzhouCRRCTimesElectricCo..Ltd
None           Mainscope,dimensions,keyperformanceindicators         lndicatordescription         Chapter         Pages         
           indicatorB6.4Keyperformance         productrecallprocedures,ADescribethequalityassuranceprocessand         CreateRellableAssurance         49-51         
           KeyperformanceindicatorB6.5         methods.Describetheconsumerdataprotectionandprivacypolicy,andrelatedenforcementandmonitoring         CreateReliableAssurance         54-56         
  LevelB7:Anti-cor-ruption         Generaldisclosure         (a)Policies;andextortion,fraudandmoney-laundering:Thoserelatingtothepreventionofbribery,(b)Informationoncompliancewithrelevantlawsandregulationsthatmateriallyaffecttheissuer         SubstantiateComplianceManagement         35-38         
  indicatorB7.1Keyperformance         suchcases.Thenumberofcorruptioncasesflledandconcludedagainsttheissueroritsemployeesduringthereportingperiodandtheoutcomeof         SubstantiateComplianceManagement         34-35         
  indicatorB7.2Keyperformance         andmonitoringmethods.Describethepreventivemeasuresandreportingprocedures,aswelastherelatedenforcement         SubstantiateComplianceManagement         35-38         
  KeyperformanceindicatorB7.3         directorsandemployees.Describetheanti-corruptiontrainingprovidedto         SubstantiateComplianceManagement         36-37         
  Com         unity                                    
  Level88:Commu-nityinvest-men         Generaldisclosure         theneedsofthecomiunitiesinwhichitoperatestheinterestsofthecommunity,Policiesoncommunityinvolvementtounderstandandtoensurethatitsoperationstakeintoaccount         ContributetoCommunityBullding         105         
  KeyperformanceindicatorB8.1         environsports).Focusontheareaofcontribution(e,g,,education,nentalissues,taborneeds,health,culture,         ContributetoCommunityBullding         105         
  KeyperformanceindicatorB8.2         concentration.Resources(e.g.,moneyortime)usedintheareaof         ContributetoCommunityBuilding         105         
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