Address：No.6 Anmin Road, Panyang Industrial Park, Huangdai Town, Xiangcheng Borough, Suzhou City.Tel：400-828-7377Website：www.jinhonggroup.com
2025Environmental, Social and Governance Report
About this ReportMessage from the Chairman2025 Sustainable Development HighlightsAbout Jinhong GasSustainability ManagementTopic: United for Five Years, Gather Strength to Ful?llResponsibilities, and Jointly Embark on a NewJourney of Green Development
Look forward to the FutureAppendix I: Reporting IndexAppendix II: Performance TableFeedback Form
CONTENTS
Innovation-DrivenProduct and Service Safety and QualitySupply Chain SecurityData Security and Customer Privacy Protection
Climate Change ResponseEnvironmental Compliance ManagementPollutant EmissionsWaste DisposalEnergy UtilizationWater Resource UtilizationCircular Economy
Employment, Development and Rights ofEmployeesOccupational Health and SafetySocial ContributionRural Revitalization
Industrial Value
Environmental Protection
Social Well-being
Standardized GovernanceBusiness Ethics
This is the third Environmental, Social and Governance Report released to the public by Jinhong Gas Co., Ltd. (hereinafterreferred to as “Jinhong Gas”, “the Group” or “we”), which comprehensively details the Group’s Environmental, Social andGovernance practices and performance in 2025 based on the principles of objectivity, standardization, transparency andcomprehensiveness.
About this Report
Con?rmation and Approval
Access to the Report
This is a report covering the period from January 1, 2025 to December 31, 2025 (the "Reporting Period"). For the purpose ofmaking the report more comparable and forward-looking, some of the content appropriately refers back to previous yearsor has forward-looking descriptions. This report is issued on an annual basis, consistent with the ?nancial year.
The Board of Directors of the Group approved this report on March 27, 2026 in conjunction with the Annual Report. The Boardis committed to overseeing the content of the report and ensuring its freedom from misrepresentation or misleadingstatements. It is also responsible for ensuring the truth, accuracy, and completeness of the content.This report is published in Chinese. The English version shall be translated from the Chinese version and in case of anydiscrepancy between the two versions, please refer to the Chinese one.
This report can be viewed and downloaded from the of?cial website of the Jinhong Gas (www.jinhonggroup.com) andShanghai Stock Exchange (www.sse.com.cn).
This report is prepared with reference to the following documents and standards:Self-Regulatory Guidelines for ListedCompanies No. 14 – Sustainability Report (for Trial Implementation) and Self-Regulatory Guidelines for STAR Market ListedCompanies No. 13 – Preparation of Sustainability Reports issued by the Shanghai Stock Exchange (SSE); Guidelines for CSRReports of Chinese Enterprises (CASS-ESG 6.0); GRI Sustainability Reporting Standards (GRI Standards) issued by the GlobalSustainability Standards Board (GSSB); UN Sustainable Development Goals (SDGs); and Sustainability Accounting StandardsBoard (SASB) Standards.
The sources of data used in the report include the original data of the Group’s actual operation, public data from governmentdepartments, annual ?nancial data, relevant internal statistical statements, third-party questionnaires and interviews. The?nancial data in the report is denominated in CNY, and in case if any inconsistency with the ?nancial report, the ?nancialreport shall prevail.
This report covers Jinhong Gas and subsidiaries/branches under its control. Unless speci?ed otherwise, the scope is consis-tent with that of the Group's Annual Report.
Reporting Period
Reporting Scope and Boundaries
Compilation Basis
Data Interpretation
0304
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
About this Report
Focusing on sustainable development is the eternal pursuit of the Jinhong Gas
The Group ?rmly practices the concept that "clear waters and green mountains areinvaluable assets", actively responds to the goals of "peaking carbon emissions andsubsequent carbon neutrality", abides by international standards, effectively ful?lsits social responsibility, and lays the cornerstone of green development. In themarket competition, the Group takes sustainable development as a guideline,continuously improves the quality of products and services, optimizes the businessstructure, contributes to achieving sustainable development goals, andcollaboratively builds a better future.Looking back at the past, the Group has taken solid steps on the path of intelligenttransformation, actively responding to the innovation-driven development strategy,transforming industries with digital technologies, and continuously improved theintelligent level. At the same time, it proactively delves into sustainable practicesand explored application of renewable energy and has laid a solid foundation forrealizing eco-friendly production and low-carbon development.Maintaining ecology is the solemn commitment of the Jinhong Gas to the futureThe Group adheres to the concept of green development and integratesenvironmental protection into every aspect of development. It has strengthenedenvironmental management and rigorously controlled environmental pollution inthe production process to ensure that waste gas, wastewater, waste residue andother pollutants discharged up to standard, while using environmentally-friendlyprocesses to minimize product impact on the environment.Striving for excellence is the power source of the Jinhong Gas's continuousbreakthroughThe Group focuses on innovation-driven development, improves the quality controlmechanism, constantly launches new products and services with marketcompetitiveness to meet the diversi?ed needs of clients. As a leadingenvironmentally-friendly, intensive and comprehensive gas service provider inChina, it will continue to increase investment, actively explore new technologies and?elds, and endeavor to become a leader in the green and low-carbon sector.
Hand in hand, Jinhong Gas embarks on the road to sustainable developmentThe Group collaborates with partners, industry associations, government depart-ments, and other stakeholders to promote the sustainable development of theindustry. Additionally, the Group participates in environmental protection initiatives,promotes green living, and supports the development of green industry chains.
Attaching importance to talent is the key to core competitiveness of the JinhongGas
The Group is dedicated to increasing investment, establishing a comprehensivetraining system, and providing employees with ample development opportunities. Itaims to foster an inclusive and innovative culture and encourage active participa-tion in sustainable development practices. The commitment is to cultivate anoutstanding team with a strong sense of sustainable development to create abrighter future.
Taking responsibility is an important guarantee for the Jinhong Gas to win thetrust of the societyThe Group maintains a strong sense of social responsibility and ful?ls its obligationsas a corporate citizen. It also supports social welfare initiatives and actively partici-pates in poverty alleviation, education support, and other activities to contribute tothe development of society.In the forthcoming voyage, embracing the concept of sustainable development, theGroup will relentlessly advance intelligent transformation and the research,development and application of clean technologies. We will intensify our commit-ment to legal compliance, fortify our endeavors in eco-conscious construction,elevate the quality of our products and services, propel the trajectory towardshigh-quality development. Hand in hand with our partners and stakeholders from allwalks of life, we will collectively foster sustainable evolution of the industry, lendinggreater impetus to the realization of the vision of a Beautiful China. With unwaver-ing determination, we will strive for a brighter tomorrow!
Message from the Chairman
0506
Chairman of Jinhong Gas
JIN XIANGHUA
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Message from the Chairman
0708
2025 Sustainable Development Highlights
Economic Performance
Total Tax Payment (Excluding personal income tax)
ESG Performance
Industrial PerformanceEnvironmental Performance
Governance Performance
R&D Investment
Patent GrantedCoverage of Safety Training
RevenueCNY2，776.58million
Net Income Attributable to Shareholders of Listed CompanyCNY
131.92
million
CNY
217.13
millionTotal AssetsCNY 7，778.37million
Investment in Environmental ProtectionCNY
3.94
millionCNY
103.14
million
Total Water Consumption
3.52
million tonnes
ESG Rating in 2025: ATop 50 Listed Companies ESG ValueRanking
2025 Best ESG STAR Market ListCompanyList of Outstanding ESGDisclosures
Comprehensive Energy Consumption
77，667.29tce
Total Greenhouse Gas Emissions
320，014.27 tCO
e
Coverage of Five SocialInsurances and OneHousing Fund
%
items
Internal Quality Audit
times
Safety InputCNY
30.70
million
Coverage of NewEmployee Training
%
%
Employee Welfare ExpensesCNY
57.92
million
Training InvestmentCNY
0.92
millionInvestor CommunicationConduct compliancetraining
Completed InternalAudit ProjectsHolding of Shareholders'Meetings
times
times
times
itmes
——Best ESG Innovation Award
Social Well-being
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
2025 Sustainable Development Highlights
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
About Jinhong Gas
0910
About Jinhong Gas
Founded in 1999, Jinhong Gas Co., Ltd. is an environmentally-friendly, resource-ef?cient and comprehen-sive gas service provider, specializing in integrated solutions encompassing gas R&D, production, salesand services. The Group’s headquarters is located in Panyang Industrial Park, Huangdai Town, Xiangc-heng District, Suzhou. It was listed on the STAR Market in June 2020 (Stock Code: 688106). Over decadesof development, the Group has established over 90 subsidiaries, committed to building China’s leadingnational brand in the industry and delivering “Supreme Excellence” to clients through its motto:”JinhongGas, Exquisite Purity”.
Group OverviewBusiness OverviewOver more than 20 years of exploration and development, the Group has established a comprehensiveproduct portfolio, a well-structured distribution network and reliable delivery capabilities, forming arobust gas supply and service system, becoming capable to provide clients with over 100 gas productsincluding specialty gases and bulk gases, as well as customized gas supply solutions.The Group suppliesnot only specialty gases such as ultra-high-purity NH3, high-purity NO2, TEOS, high-purity CO2 andhigh-purity H2, but also electronic bulk carrier gases for the semiconductor industry and bulk gases usedin other industrial ?elds.
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Demonstrate
Noble
Tempera
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Integrit
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Dedication
Innovation
Build
the
First
Na
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In
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Mission
VisionValue
Corporate Culture
Milestones
The First Five-Year Plan
1999~2004
Based in Suzhou, integrated resources and expanded themarket.
The Group was established in 1999 on the foundation of theformer Suzhou Liquid Oxygen Manufacturing Plant. During thisphase, the Group’s main products were bulk gases such as O2, N2,Ar, C2H2. The Group set up a small air separation production unitin Suzhou and acquired part of the gas manufacturing assets ofAir Liquide in Suzhou, continuously expanding the market andgradually establishing a sales and service network.
The Second Five-Year Plan
2005~2009Expanded the gas category and enhanced the brand in?uence.
In 2005, the Group built the ?rst dry ice manufacturing line,expanding the application of CO2. In 2009, the Group invested inthe construction of a 100,000 ton annual carbon captureconstruction project. In 2009, the Group reformed shareholding,enhancing the overall governance structure. During this phase,the product line of the Group was greatly enriched, initiating abusiness model of developing circular economy and tail gasrecovery as well as utilization.
The Third Five-Year Plan
2010~2014
Advanced high-end specialty gases, and upgraded corporategovernance.
In 2010, 7N electronic-grade ultra-high-purity NH3 of?ciallyentered production and operation. In 2012, the Group investedin the construction of a natural gas-to-hydrogen project. In2013, the Group's testing center was accredited as aCNASrecognized laboratory, signi?cantly improving the qualitycontrol capabilities. During this phase, the Group's productvariety continued to increase, with signi?cant enhancements inproduct quality, testing technology, R&D capabilities, With theGroup's listing on the National Equities Exchange andQuotations' in 2014, both brand awareness and corporateimage were enhanced.
The Fifth Five-Year Plan
2020~2025Standardized Group Management & High-Quality CorporateDevelopment
The company was listed on the STAR Market in 2020 and issuedconvertible bonds in 2023, broadening its ?nancing channels. Ithas thoroughly implemented its vertical and horizontaldevelopment strategy. Leveraging the "Acquisition + NewConstruction" dual-wheel drive, the company has horizontallyexpanded its industrial landscape, achieving key breakthroughsin electronic bulk carrier gases and medium-to-large on-site gasproduction. It has successfully established a comprehensive gassupply and service system covering all business models.The company has been conferred with numerous nationalhonors, including National Specialized, Re?nement, Differentialand Innovation "Little Giant" Enterprise, National IntellectualProperty Demonstration Enterprise, National IntelligentManufacturing Demonstration Factory, and National GreenFactory.
The Group proposed the “Vertical & Horizontal Development”strategy. Vertically, the Group developed and produced multipletypes of high-barrier specialty gas products throughindependent research and production, achieved multiplerounds of expansion for ultra-high-purity NH3, and initiated newprojects for high-purity N2O and H2, accelerating theindustrialization of electronic specialty gases. Horizontally, theGroup advanced horizontal expansion and cross-regionaldevelopment, consolidating the foothold in the Yangtze RiverDelta market while strategically expanding nationwide, andactively developed retail networks in key regions such as thePearl River Delta, Beijing-Tianjin area, and Sichuan-Chongqingregion.
The Fourth Five-Year Plan
2015~2019
Expanded vertically and horizontally, forging the premiernational brand in the gas industry.
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Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
About Jinhong Gas
Awards and Honors
National AwardsProvincial Awards
Jiangsu High Purity Specialty Gases
Engineering Centre
Jiangsu Engineering TechnologyResearch Centre for Specialty Gasesand Adsorbents PreparationNomination Award of JiangsuGovernor's Quality Award
"Quality Benchmark" of Jiangsu
Province
Jiangsu Provincial CivilizedUnitInternationally Renowned Brands
that Jiangsu Province focuses on
Cultivating and DevelopmentThe First Batch of Supply ChainInnovation and Application KeyCultivation Enterprises in Jiangsu
Province
Jiangsu Province Industrial InternetDemonstration Project Five-Star Cloud
Enterprise
Jiangsu Province May 1st Labor
Certi?cate
The First Batch of Supply ChainInnovation and Application KeyCultivation Enterprise in Jiangsu
Province
Excellent Enterprise with Outstanding Contributions "Made in Jiangsu"
Top 100 Innovative Enterprises
in Jiangsu Province
Jiangsu Province Contract-abidingand Credit-worthy Enterprise
1314
National Enterprise Technology
Center
National Postdoctoral Programme
National Green Factory
National Excellence-Level Smart
Factory
National Intellectual Property
Demonstration Enterprise
National High-Tech Enterprise
National-Level Smart Manufacturing
Excellence Scene
National Service-Oriented Manufacturing
Demonstration Platform
MIIT Pilot Enterprise for IntellectualProperty Application and Utilization
Chinese Well-known Trademark
National Specialized, Re?nement,
Differential and Innovation
"Little Giant" Enterprise
China Patent Excellence Award
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
About Jinhong Gas
Sustainable Development Management
Amid deepening globalization and rapid technological evolution, ESG-centered sustainable development has become acommon practice among global enterprises. The Group recognizes sustainable development capability as key to its corecompetitiveness and is committed to continuously enhancing its sustainability performance.Aligning with the UN Sustainable Development Goals (SDGs) and its actual operations, the Group has set managementobjectives across four dimensions: industrial value, corporate governance, environmental protection, and social well-being.These objectives both chart the course for future development and demonstrate its commitment to global sustainability.The Group adheres to the strategic direction of sustainable development. While pursuing economic bene?ts, it balances andcoordinates environmental protection, social responsibility and long-term growth. Upholding the sustainable developmentphilosophy of “Safety, Reliability, Ef?ciency and Environmental Protection”, the Group keeps pace with global sustainabledevelopment trends, collaborates with all stakeholders, and translates sustainable development goals into action throughpractical measures.The Group strictly abides by exchange guidelines and applicable laws and regulations, continuously improves the ef?ciency ofsustainability management, and enhances its ESG governance structure. It deeply integrates the concept of sustainabledevelopment into the group’s development strategy and the entire process of daily production and operation.
SDGsDimensionActions
Industrial Value
Corporate Governance
Social Well-being
Environmental Protection
The Group remains customer-centric, providinghigh-quality, reliable gas products and serviceswhile optimizing processes, improving resourceef?ciency, and balancing operational bene?ts withenvironmental protection.The Group is committed to an ef?cient, sound corporategovernance system built on integrity and legalcompliance, continuously enhancing its governancestructure. It places great emphasis on shareholders'rights, protecting investors through accurate and timelyinformation disclosure while maintaining activecommunication with all stakeholders.The Group strengthens environmental compliancemanagement, continuously improves energy andwater ef?ciency, actively promotes clean energyapplications, and develops carbon capture projectsto minimize its environmental impact.
The Group emphasizes employee rights, fostering asafe, inclusive workplace with improved compensationand fair career opportunities to safeguard employees'interests. It also ful?lls social responsibilities throughpublic welfare initiatives and contributions to socialdevelopment.。
1516
Sustainable Development Governance
Actively Responding to the United Nations SustainableDevelopment Goals
Decision-making
Level
ManagementLevelImplementation
Level
Board ofDirectorsStrategy and ESGCommitteeHeads of Functional
DepartmentsFunctional Departments
It is the supreme decision-making and leading bodyfor ESG management, responsible for coordinating,supervising and deliberating major issues in the ESG?eld.It is accountable to the board of directors andresponsible for the research, guidance anddecision-making advice on ESG-related matters.Form an ESG management team to coordinate andpromote the implementation of ESG practices andconduct supervision and inspection.Implement the ESG work plan and conduct thecollection and submission of relevant information.
Sustainability Governance Structure
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Sustainable Development Management
The Group values stakeholder communication and management as a key to optimizing sustainable development, building aresponsible brand and consolidating its ESG foundation.It de?nes core stakeholders including government and regulatory agencies, clients, employees, communities, suppliers,shareholders and investors, industry associations and professional organizations, media, among others. Through surveys andinterviews, it conducts due diligence and materiality analysis to understand value chain expectations.It enhancescommunication platforms and mechanisms to improve transparency, advancing ESG management and achieving win-winresults.
Expectations and Demands
Stakeholders
Communication and Response
Government andRegulatory Agency
SupplierShareholder and
Investor
Industry associationand Professional
Organization
ClientEmployeeCommunityCommunityMedia
?Science and Technology
Innovation Achievements?Quality Assurance?Strategic Cooperation?Industry Co-construction
?Health and Safety?Employee Training and Development?Employment Practices?Digital Intelligence Transformation
?Product Quality Management?Clients Relationship Management?Digital Intelligence Transformation?Circular Economy?Energy Ef?ciency & Carbon Reduction
?Environmental Management and Compliance
?Water Management?Energy Conservation and Carbon
Reduction
?Health & Safety?Community Welfare
?Corporate Governance?Community Welfare?Disclosure of Information
?Group Of?cial Website?Group Media Matrix?Communication Conference?Supplier Training?Supplier Audit and Supervision?Supplier Exchange Meeting?Technical Exchange and R&D
Cooperation
?E-Mail & Tele
?General Meeting of Shareholders?Information Disclosure?Investor Hotline?Online Interactive Platform?Email
?Forum?Promotional Event?Other Meetings?Government Communications?Information Disclosure?Daily Communication and
Reporting
?Listed Group Activities
?Social Public Welfare Activities?Community Monitoring and
Feedback
?Environmental Risk Assessment?Industry Talent Development
Program
?Business Ethics?Environmental Management?Energy Ef?ciency & Carbon
Reduction?Water Management?Circular Economy?Health & Safety
?Supply Chain Management?Product Quality Management?Health & Safety?Digital Intelligence
Transformation
?Corporate Governance?Risk & Compliance Management
?Business Ethics?Digital Intelligence
Transformation
?Energy Ef?ciency & Carbon
Reduction
?Product Quality Management
?Client Visits?Daily Communication?Technical and Product Exchange
Meetings
?Factory Visits?Client Satisfaction Surveys?Client training?E-mail & Tel
?Employee Representatives Meeting?Employee Forum?Suggestion Box?Employee Satisfaction Survey?Corporate Culture Activities?Proposal Management?Regular Training?Internal Publication?Company Media Matrix
1718
Stakeholder Communication
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Sustainable Development Management
The Group earnestly values the feedback from stakeholders including shareholders, investors, employees, customers, suppliersand industry associations. In accordance with the requirements of stock exchange guidelines and ESG standards andframeworks such as GRI, the Group conducts materiality identi?cation and assessment of ESG topics through stakeholderresearch, management interviews and other approaches.
Understand the background of the Group’s operations and business relationshipsStep 1
Establish a topic listStep 2
Evaluate topic materialityStep 3
Con?rm topicsStep 4
Impact Materiality
Non-Applicable Topics
Economic, Social & Environmental Materiality
Highly Material
Highly Material
Moderately Material
Double MaterialityInnovation-Driven DevelopmentClimate Change Response &MitigationOccupational Health and Safety
Due DiligenceStakeholder EngagementEqual Treatment of SMEsData Security & Customer PrivacyProtectionAnti-Commercial Bribery & Anti-Corruption
Anti-Unfair CompetitionCircular EconomyRural RevitalizationSocial Contribution
Moderately Material
Financial Materiality
1920
Materiality Analysis Process of Topics
Materiality Matrix
Material Topics List
Material Topic Management
?Product & Service Safety & Quality?Supply Chain Security?Corporate Governance?Environmental Compliance?Pollutant Emissions?Waste Management?Energy Use?Water Use?Employment & Employee Rights?Due Diligence?Stakeholder Engagement?Equal Treatment of SMEs?Data Security & Customer Privacy Protection?Anti-Commercial Bribery & Anti-Corruption?Anti-Unfair Competition?Circular Economy?Rural Revitalization?Social Contribution
?Innovation-Driven Development?Climate Change Response & Mitigation?Occupational Health and Safety
Tech EthicsEcosystem & Biodiversity Conservation
Product & Service Safety & QualitySupply Chain SecurityCorporate GovernanceEnvironmental CompliancePollutant Emissions
Waste ManagementEnergy UseWater UseEmployment & Employee Rights
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Sustainable Development Management
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Topic: Five Years of Unity, Joining Forces to Ful?ll Responsibilities and March Towards a New Journey of Green Development
Since its listing ?ve years ago*, JinHong Gas hasupheld the philosophy that "lucid waters and lushmountains are invaluable assets". Takingtechnological innovation as the core driver, it hasconsolidated its innovation foundation throughdomestic substitution of electronic special gasesand low-carbon process upgrading, integratedgreen development into the whole production andoperation, and practiced circular economy toprotect the environment. The Company hasfocused on employee value enhancement, ful?lledsocial responsibilities via public welfare andindustrial collaboration, improved corporategovernance and internal compliance, and achieveda qualitative leap of ESG development fromcompliance response to strategic integration.With sound sustainable development performance,JinHong Gas has been awarded a Wind ESG "A"rating and a number of key honors including the"2024 Best ESG Practice Award for ListedCompanies" and "2025 Best ESG Listed Companyon the STAR Market", presenting a remarkable?ve-year ESG report to all stakeholders.
*Data statistics in this special topic since the Group’slisting are based on annual data from 2021 to 2025.
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Innovation:
Deepening R&D and Driving Value UpgradeEnvironment:
Anchoring the "Dual Carbon" Goal toBuild a Green Benchmark
he Group regards R&D and innovation as its core development strategy, with steadily growingannual R&D investment. It has built a high-quality R&D team, expanded its talent echelon, andupgraded both professional competence and technical capabilities. The Group strengthensintellectual property protection and comprehensive IP layout, actively participates in formulatingindustrial and national standards, and has obtained abundant authoritative recognitions for itscore technologies. Continuous technological innovation has laid a solid foundation and injectedstrong impetus for the Group’s high-quality development and industrial ef?ciency improvement.The Group focuses on customers’ core needs and provides high-quality products and gassolutions with a full-life-cycle quality management system. It has improved the supply chainmanagement system and established a Group Procurement Center for centralized procurementto enhance operational ef?ciency. The Group implements supplier integrity management andpromotes green and sustainable procurement. Through the empowerment of quality and supplychain, the Group deepens industrial ecological collaboration, achieves value co-creation andboosts high-quality industrial upgrading.
As a national-certi?ed “Green Factory” and eco-ef?cient integrated gas service provider, theGroup upholds the concept that "Lucid waters and lush mountains are invaluable assets",integrating green development into the full lifecycle of procurement, production, storage,transportation and application.Responding actively to the DC goal, the Group promotes green circular economy and has builtmultiple tail gas recovery demonstration projects nationwide. It focuses on professionalrecycling of H?, CO?, N?O and other gases, turning industrial tail gas into reusable resourcesthrough ef?cient resource treatment, effectively easing carbon emission pressure andsupporting the national DC strategy.The Group maintains a sound ISO 14001 environmental management system, with a cumulativeenvironmental investment of xx million yuan since listing. Through technological innovation, itadvances high-ef?ciency energy utilization, pollutant reduction and resource recycling,consolidating the dual lines for ecological protection and green development.
The Group’s accumulated R&D investmentsince listing has reached 0.44 billionover the past ?ve years, with a steadygrowth trend.In 2025, its R&D expenditure amounted to
103.14 million, representing a
year-on-year increase of 2.34%.
RecognitionsThe Group has successively won honorsincluding National Enterprise TechnologyCenter, National Specialized, Re?nement,Differential and Innovation "Little Giant"Enterprise, and National IntellectualProperty Demonstration Enterprise.
R&D Investment
IP and Standard Development
The Group has been granted 402 patents, including 113 domestic invention patents and 1foreign invention patent.
5 products have been certi?ed as Patent-Intensive Products.
It has chaired or participated in formulating39 national standards, and revised a number of
national standards as the primary drafter, leading the sound and standardized development of theindustry.
Green Benchmark
Jiaxing Jinhong Carbon Capture Construction ProjectCase
Five Years of Unity, JoiningForces to Ful?llResponsibilities and MarchTowards a New Journey ofGreen Development
Topic
2324
Since its listing ?ve years ago, Jinhong Gas hassteadily advanced ESG practices and strengthenedthe concept of sustainable development.Taking the 5th anniversary as a new starting point,the Company will further integrate ESG conceptsinto operation, management and all aspects ofcorporate development.Adhering to sustainable development, the Companywill create greater value through more solid ESGpractices and ful?ll its social responsibilities withsteady progress. It will join hands with partners tobuild a new pattern of green, low-carbon andlong-term sustainable development.
Five Years of Practice & FutureOutlookWhile focusing on the core gas business to achieve steady operation and scale growth, theGroup sticks to the mission of “Rooted in society, giving back to society”, integrates socialresponsibility into corporate development, and promotes employee rights protection and socialpublic welfare practices in a coordinated way.In terms of employee care, the Group highly values employee development and rightsprotection, improves guarantee mechanisms for labor contracts, compensation and bene?ts,and occupational health, builds clear career promotion channels and a systematic skills trainingsystem to fully empower employee growth. It also pays attention to employees’ physical andmental health, optimizes humanistic care measures, and enables employees to share theachievements of corporate development.In public welfare and donation, the Group focuses on livelihood ?elds including educationsupport, elderly care, poverty alleviation and assistance for the disabled. It has established adiversi?ed public welfare system of “regular donations + special assistance + voluntaryactions”, and delivers care through donating to charitable foundations, adopting public welfareprojects, providing books and materials, and carrying out community services.With employee care and public welfare as dual drivers, the Group demonstrates theresponsibility of a listed company in the new era and promotes value co-creation between theenterprise and society.
The Group regards standardized governance as the foundation of sustainable development, andkeeps improving its ESG governance system from fragmented exploration to strategic andsystematic management, upgrading the overall governance ef?ciency.In governance structure, the former “Strategy Committee” was upgraded to the “Strategy andESG Committee”, integrating ESG framework, objectives and practices into corporate strategy torealize the synergy between ESG and business development.In risk control, the Group has built a full-closed-loop mechanism: risk identi?cation, assessment,response and review, to effectively prevent operational, compliance and ?nancial risks.In capacity building, the Group provides special ESG training and regular training onenvironmental protection, occupational health and compliance to build consensus onsustainable development.In value sharing, the Group repays shareholders through cash dividends, share repurchases andshare cancellation, creating a shared value ecosystem.The above measures have continuously improved the standardization of corporate governanceand laid a solid institutional foundation for the Group’s long-term and steady development.
“芯肝宝贝计划”捐赠仪式“书香校园”捐赠活动
社区暖心“氧”护服务无偿献血活动Cumulative donation
3.46 million
Cumulative employee welfare expenditure
228.36 million
Cumulative employee training investment
6.44 million
Full and timely payment rate of labor remuneration
100%
Cumulative cash dividends
649 million
Cumulative value of shares repurchased and cancelledapproximately 155 millionCumulative share repurchase
249 million
Proposed cash dividend for 2025
119.29 million
Social:
Upholding Responsibility for Shared ProsperityGovernance:
Strengthening Compliance & EnhancingGovernance Effectiveness
Shareholders' Meeting
19 meetingsBoard of Directors
65 meetings
Supervisory Committee50 meetingsTotal announcements disclosed978
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Topic: Five Years of Unity, Joining Forces to Ful?ll Responsibilities and March Towards a New Journey of Green Development
Innovation-DrivenProduct and Service Safety and QualitySupply Chain SecurityData Security and Customer PrivacyProtection
Industrial
Value
Technological innovation is the core driving force of the Group's sustainable development. We are committed to providingsociety with innovative and high-quality products and services. We have established a sound innovation governance andcollaboration system to promote the practical application of technological achievements, deliver excellent service experiencesto customers, empower industrial upgrading, and create long-term value.
The Group has set up a multi-level tech innovation management system with clear duties at each level to ensure smoothand standardized work. The Project Committee reviews long-term innovation plans and major R&D projects, andcoordinates resources across R&D, production, marketing, and ?nance. Using two key platforms—the National EnterpriseTechnology Center and the Postdoctoral Research Station—the Group works on key tech research and turns ideas intoresults, forming a closed loop of "decision-making, execution, and implementation." It has also built a full-process,standardized system for tech innovation. Through rules like the R&D Project Change Management System,Pilot Test andValidation Management System, and Con?dentiality Management System, the Group builds innovation into its governanceand review system, creating a full-chain system for "project review, process control, result application, and IP protection."The Group also has a two-way info system for internal and external talks. Inside, it holds regular R&D meetings to share techchallenges, progress, and user feedback. Outside, it works with universities and research groups on"industry-university-research-application" ties, tracks new tech and policy trends, and makes sure innovation plans ?t itslong-term green goals.
Guided by the philosophy of "anchoring development in vertical andhorizontal development strategy to strengthen team cohesion andcollaboration, while prioritizing new technologies and products toaccelerate progress and innovation for sustained corporate growth."Focusing on the R&D and innovation goals "enhancing technological R&Dcapabilities, strengthening innovation management, continuouslydeveloping new products, and boosting product competitiveness." TheGroup has established complete product design and R&D processes.Itclosely links its technology innovation strategy with national strategiesand industry needs, and sets three core directions: green and low-carbondevelopment, independent technology breakthroughs, and applicationempowerment. Guided by sustainable development, the Group has built afour-dimensional collaborative innovation system: "strategy guidance,governance support, system support, and joint collaboration".
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RiskBusiness ImpactFinancial ImpactTime HorizonMitigation Measures
Risk oftechnologicalR&D failure
Hindered core technologyresearch, delayed productiteration, and loss of marketcompetitive advantages;failed transformation of R&Dachievements, affectingbusiness expansion plans
Unrecovered R&D investmentand increased sunk costs;additional funds required torestart R&D, exacerbating?nancial pressure
Short-to-mediumterm (1–3 years),covering the fullcycle of R&Dprojects
Risk of policyandregulatorychanges
Adjustments toenvironmental andindustrial policies mayrender existing R&Ddirections non-compliantand make already-investedR&D achievements unableto be commercialized;higher industry accessstandards increase thedif?culty of productmarketization
Wasted early R&Dinvestment and additionalfunds needed for R&Ddirection adjustment; risingproduct compliance costssqueeze pro?t margins
Long term(persistent,dynamicallychanging withpolicies)
Risk of lossof core R&Dtalents
Reduced stability of theR&D team and hinderedknowledge transfer;potential leakage of coretechnical secrets, affectingthe continuity of R&D work
Increased labor costs forrecruiting and training newtalents; delayed R&Dprogress leading to extendedproject cycles and highertime costs
Medium-to-longterm (3–5 years),continuouslyaffecting theconstruction ofthe R&D system
Risk ofunderperformingtransformation oftechnologicalachievements
Mismatch between R&Dachievements and marketdemand, makingcommercializationimpossible; technicalbottlenecks in thetransformation processaffecting product qualitystability, leading to dif?cultyin gaining customerrecognition
Unconverted R&Dinvestment into revenue anddif?culty in capital recovery;potential loss of fundsinvested in productionequipment and processtransformation during thetransformation stage
Short-to-mediumterm (1–3 years,focusing on thecritical period ofachievementtransformation)
Establish a cross-disciplinaryexpert review team to conductstrict assessment on projectinitiation and mid-term progressAdopt an agile R&D model withphased goals and acceptancechecksFormulate R&D backup plans toreduce the risk of failure of asingle technical route
Track relevant domestic andinternational policy and regulatorychanges in real timeStrengthen communication withindustry associations and regulatoryauthorities to anticipate policytrends.Build ?exibility into R&D projects toallow for policy adaptation
Establish a competitive salary andwelfare system and equityincentive mechanismBuild a sound talent training andcareer development channelStrengthen con?dentialitymanagement of core technicaldocuments and implementnon-compete agreements
Conduct demand research jointlywith downstream customers at theinitial R&D stage to ensuretechnological innovation aligns withthe marketEstablish an R&D-production-marketcollaboration mechanism to connectproduction processes and marketchannels in advance.Carry out small-scale trial productionveri?cation and optimize technicalsolutions in a timely manner
Governance
Strategy
Innovation-Driven
2728
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
To ensure the steady progress of the Group's technological innovation, reinforce its competitive moat in core technologies, andeffectively prevent and mitigate technical risks throughout the R&D lifecycle, we have integrated technical risk managementinto the entire innovation process. This integration aligns with the Group's ?ve-phase R&D work?ow: "Project Initiation – LabTesting – Pilot Testing – Trial Production – Continuous Improvement." For the technical issues involved in each phase, weconduct a systematic identi?cation of potential risks. On this basis, we precisely address various technical risks to minimizetheir impact on internal and external stakeholders, thereby building a solid foundation for the high-quality development of theGroup's technological innovation.
To systematically measure, manage, monitor and evaluate the effectiveness of the Group's efforts in addressingsustainability-related impacts, risks and opportunities in technological innovation, we have established a tailored indicatorsystem aligned with our development strategy and industry characteristics, and set medium- and long-term developmenttargets.
Indicators and Targets
Indicators CategoryManagement Objective
Ensure stable R&D investment and sustain the scale and quality of the R&D team to providesolid resource support for technological innovation; continuously improve the ef?ciency ofindependent innovation output, strengthen intellectual property layout, drive the iterationand upgrading of new technologies and products, and enhance core competitiveness.
Deepen internal and external collaborative innovation mechanisms, expand innovationresource channels, improve the effectiveness of innovation ecosystem construction, andfacilitate the ef?cient transformation of innovation achievements.
Embed risk management into the innovation process to ensure the steady advancement oftechnological innovation.
Innovation Inputs
and Outputs
Risk Control
CollaborativeDevelopment
Project Initiation
Phase
Lab Trial PhasePilot Trial Phase
Trial Production
Phase
ContinuousImprovement
Impacts, Risks and Opportunities Management
Core ActionsProcess Stage
Review and continuous improvement
Monitoring and tracking, regular reporting
Strategy selection, measure formulation and implementation
Probability and impact analysis
Full-cycle risk review, dedicated workshopsRisk Identi?cation
Risk Assessment
Risk Response
Dynamic Monitoring
Iterative Optimization
Key Performance360 R&D personnel, including 5 doctors and 23 masters,
R&D investment CNY103.14 million, increased by 2.34 % year on year,R&D investment as a percentage of revenue 3.71 %
R&D Process
Risk Management Process
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
2930
江苏省氢能产业创新合作对接会2025年气博会
IG CHINA 2025工业气体高质量发展大会绿色氢基能源产业创新发展大会
GB/T 14601-2025GB/T 14851-2025GB/T 45847-2025GB/T 13591-2025GB/T 46566-2025GB/T 46697-2025GB/T 46699-2025GB/T 8982-2025
Electronic specialty gas—AmmoniaElectronic specialty gas—PhosphineCompressed non-breathing air for use in aircraftRules for the ?lling of acetylene cylindersGreenhouse gas management systems—RequirementsElectronic grade octamethyl cyclotetrasiloxaneElectronic
grade octamethyl cyclotetrasiloxaneElectronic grade tetramethylsilaneOxygen supplies for medicine and aircraft breathing
Standard No.Standard Name
·6th Forum on Semiconductor Wet Electronic Chemicals and Electronic Gases·Jiangsu Hydrogen Energy Industry Innovation and Cooperation Matchmaking Conference·2025 China International Gas Industry Expo·4th China International Gas Separation Industry Conference·IG CHINA 2025 Industrial Gas High-Quality Development Conference·4th China (Jiangsu) Conference on the Integrated Development of New Energy and Hydrogen Storage Industries·Conference on Innovation and Development of the Green Hydrogen-based Energy Industry·2025 China Semiconductor Ecosystem Development Conference·Review Meeting for the Pilot Project on Overseas Application of Chinese Standards·Jiangsu Seminar on High-Quality Development of the Hydrogen Energy Industry·Commemorative Conference for the 40th Anniversary of the National Specialty Gas Information Center & the 27thNational Specialty Gas Annual ConferenceStandardization & the Mixed Gas Subcommittee of the National Technical Committee for Gas Standardization……
·2025 Joint Annual Conference of the Cylinder Filling Subcommittee of the National Technical Committee for Cylinder
2025 Jiangsu Excellent Postdoctoral Program
SJTU Hydrogen Agriculture Cooperation Signing Ceremony
National Standards Issued in 2025
3132
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
During the Reporting Period
The Group strictly follows its quality policy: "Standardized Management, Quality First, Customer Focus, ContinuousImprovement," and has established a comprehensive, standardized, and highly ef?cient integrated quality managementsystem. To further strengthen the system, the Group has benchmarked against ISO 9001 and ISO 22,000 standards, developeda Group-wide Quality and Food Safety Management Manual, and de?ned the Quality Director's core responsibilities as theQuality Manager and Food Safety Team Leader, establishing a top-down quality accountability framework to ensure qualityrequirements are embedded throughout the entire value chain, from R&D and procurement to production, testing, and ?nalproduct delivery.The Group has established a comprehensive internal audit mechanism, including annual audits, regular audits, product audits,and special audits. Building on comprehensive regular audits of all production workshops, relevant subsidiaries/departments,
Intellectual Property Management SystemCerti?cate
National Intellectual Property Demonstration Enterprise
66 new patent applications ?led, including 33 invention patents47 new patents granted, including 10 invention patents
A total of 402 patents granted, including 114 invention patents
5 products selected in the 2025 List of Patent-Intensive Products
Product and Service Safety and Quality
3334
As a national intellectual property demonstration enterprise, the Group adheres to the IP management policy of "boostingcorporate upgrading through technological innovation, and maintaining the industry's competitive edge through intellectualproperty protection." We fully integrate IP management into corporate operations, strengthening technological barriers bybuilding a high-quality patent portfolio, mitigating risks through standardized management, and empowering industrialupgrading via the transformation of technological achievements.Attaching great importance to IP protection and system development, the Group has formulated policies including theIntellectual Property Maintenance and Control Procedure, the Intellectual Property Risk Control Procedure, and the Measuresfor the Tiered Management of Intellectual Property to ensure standardized management processes. In 2025, the Groupcompleted the transition audit for the national standard GB/T 29490-2023 Requirements for Enterprise Intellectual PropertyCompliance Management Systems.
The Group continuously improves its intellectual property management system and enhances its data integrationcapabilities to achieve digitalization and process automation for patent applications, maintenance, risk monitoring, andother related activities. By introducing big data and intelligent analytics tools, it can track and evaluate technological trendsand competitive dynamics, providing data support for forward-looking patent layout and risk mitigation.
The Group regularly conducts intellectual property training featuring a combination of online and of?ine sessions plus casestudies, to build a strong awareness of IP protection across the Group. In 2025, the Group launched regular IP training tailored tocore business needs, covering trademark protection and infringement response strategies, patent application and layout, andpractical operation of the intellectual property management system. The training featured in-depth analysis of typical industrycases and real-world examples of the Group's core technology patent portfolio, enhancing its relevance and practical impact.
Intellectual Property Governance System
Digital Management Development
Quality Management System
Training Mechanism Development
Intellectual Property Rights
Quality Management
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
Key Performance
and the full product range, the Group conducts special audits focusing on highly regulated, high-value-added categories suchas electronic-grade specialty gases and food-grade gases, as well as key processes including air separation and puri?cationand cylinder ?lling, ensuring comprehensive and precise identi?cation of quality risks. For issues identi?ed during audits, theQuality Department follows up to verify corrective and preventive actions, clarifying responsible parties and deadlines toensure full closure of all non-conformities.
In the ?eld of food safety management, the Group has obtained ISO 22000 Food Safety Management System Certi?cation.Jiaxing Jinhong, its subsidiary, has gone further by securing FSSC 22000 Food Safety System Certi?cation, laying a solidquali?cation foundation for serving the high-end supply chain in the food industry.
The Group and 12 subsidiaries, including Changsha Mind, Meishan Jinhong, Pingdingshan Jinhong, Jiaxing Jinhong Special Gas,and Chenggang Gas, have all obtained ISO 9001 Quality Management System Certi?cation.
In the current year, a total of217 internal quality audits were conducted, including management system audits
and IPQC audits.
No administrative penalties were imposed due to product quality or safety issues duringthe reporting period.
Indicators
Product Delivery Quali?cation Rate
Food Safety IncidentsAnnual External Sampling Quali?cation Rate of Products (Food)
AchievedAchievedAchieved100%
≥99.90%
2025 Target2025 Completion
3536
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
In addition, the Group fully leverages its leadership position in the industry and actively participates in the development of thenational quality standard system. During the reporting period, it led or participated in the formulation of a number of nationalstandards, including Guidelines for Gas analysis —Guidelines for Puri?cation of Gases for trace analysis instruments, Technicalcode for safety of methanol preparation from carbon dioxide, and Safety Technical Speci?cations for Cryogenic Lique?edGases. Through these standardization efforts, the Group helps elevate the industry's overall quality control level and furtherstrengthens its technical authority and market in?uence in the gas sector.
Annual System Audit Successfully Passed
During the reporting period, the Group successfully passed the external surveillance audits of the ISO 9001 QualityManagement System and ISO 22000 Food Safety Management System, demonstrating that its quality managementsystems remain compliant and ef?cient, and providing solid support for stable product quality and food safetyassurance.
Implement the Acceptance Process for Raw and Auxiliary Materials and AcceptanceSpeci?cations for Raw and Auxiliary Materials of Food Additives to control raw material quality atthe source.IncomingMaterialControl
Production
Control
Implement the Production Process Control Procedure to standardize production processparameters and operation standards.
FinishedProductDeliveryControl
Implement the Operating Procedures for Shipment of Special Gas Finished Products andPre-Shipment Inspection Operating Procedures for Bulk Gas Finished Products to ensure productquality upon delivery.Non-Conforming
ProductControl
Implement the Control Procedure for Non-Conforming Products to standardize the identi?cation,isolation, and disposal of non-conforming products, and prevent such products from entering themarket.
Product Lifecycle Management
3738
The Group has built an intelligent quality control platform through multi-system collaboration and function iteration, enhancingquality management ef?ciency and data-driven capabilities.Multi-system collaboration unlocks data connectivity: The Group has integrated the DCS Production Control System, PDAIntelligent Filling System, and QMS Quality Traceability System to break down data silos. Relying on these systems, it realizesautomatic adjustment of production parameters, real-time supervision of the ?lling process, and one-click traceability ofquality information, achieving data collaboration among production, ?lling, and quality links. This has established a full-processintelligent control system covering the entire plant, from raw material receipt to ?nished product delivery.On this basis, the Group has further connected the TMS Transportation Management System and HHT Cylinder TraceabilitySystem to track product transportation status and record the full life cycle information of cylinders, extending the traceabilitychain to off-site logistics and container management. This has ultimately formed a full life cycle traceability network covering"Raw Material Receipt - Production & Filling - Finished Product Delivery - Logistics & Transportation - CylinderCirculation," fully ensuring that product quality is traceable and controllable.System iteration strengthens new product quality assurance: The Group has continuously upgraded the functions of theQMS Quality Traceability System by adding a new product quality monitoring module, which enables real-time collection anddynamic analysis of quality data during the trial production and mass production stages. This provides accurate data supportfor process optimization and quality stability improvement of new products.
Digital & Intelligent Quality Management
Product Lifecycle Management
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
Quality culture is the cornerstone of the Group's high-quality development. The Group has established a regular qualitymanagement training mechanism, under which it formulates and strictly implements an annual training plan. Throughsystematic training combining theoretical learning and hands-on practice, the Group drives the continuous improvement ofquality management capabilities across the organization.All employees uphold the principle of "Quality First," integrating quality standards into all aspects of production and operation,and striving to uphold the highest standards of product and service quality with a spirit of excellence.
To enhance employees' ability to analyze and resolve quality issues,the Quality Department organized a QCC thematic training activity.Centered on the theme of "Quality for All," the training focused onthe practical application of quality management theories and tools,helping frontline staff translate theoretical knowledge into practicalskills for quality and ef?ciency improvement, injecting strongimpetus into the Group's continuous improvement and high-qualitydevelopment. The training covered all staff in production, quality,procurement, and logistics, effectively creating a favorableatmosphere of "Everyone values quality, everyone creates quality,everyone shares quality."
The Group has established a responsive and ef?cient customer service system covering the entire gas application process,providing customers with integrated full life cycle services covering gas planning, scheme design, installation and construction,as well as the R&D, production, ?lling, distribution, inspection, operation and maintenance, management and recovery ofindustrial gases, so as to fully meet the differentiated gas demands of customers across various industries.
IndicatorsAnnual Customer SatisfactionCustomer Complaint Handling Rate
AchievedAchieved100%≥90%
2025 Target2025 Completion
CustomizedGas SupplySchemePlanning
CustomizedDesign andManufacturing
ProfessionalTechnical Support
Inspection and
PredictiveMaintenance
IntelligentLogistics andDistribution
Multi-channelConsultingService
Full Life Cycle
Service
To systematically promote total quality management and foster aculture of continuous improvement among all employees, the Grouplaunched a special initiative on PDCA improvement projects, coveringproject application, thematic training, project practice, andachievement review. This initiative engaged employees at all levelsand produced a number of high-quality improvement achievements,injecting new momentum into the Group's quality and ef?ciencyenhancement. The concept of quality management has beentransformed from "post-inspection" to "prevention and continuousimprovement," signi?cantly enhancing employees' ability to identify,analyze, and solve problems, further strengthening the Group'squality management foundation and providing sustained momentumfor its high-quality development.
Quality Month – QCC Thematic TrainingCase
PDCA Improvement Project ReviewCase
3940
Quality Culture Development
Customer Service Management System
Customer Service
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
During the reporting period, 100 % Customer Complaint Hangling Rate.
To ensure service quality, the Group has formulated the Customer Complaint Handling Procedure, the Service ControlProcedure, and the Provisions on Strengthening Accountability in Complaint Handling, aiming to quickly respond to andeffectively resolve customer issues, enhance employee accountability, and continuously optimize the customer serviceexperience.
Customer Communication ChannelsWebsite: www.jinhonggroup.comHotline: 400 828 7377-5
WeChat Of?cial Account: 金宏气体Tel: 0512-65767715
Complaint ReceiptCase RegistrationCause AnalysisComplaint HandlingComplaint Closure
ContinuousImprovement
The Group incorporates customer satisfaction management as a key component of its ESG practices and has established acustomer relationship management system centered on regular systematic satisfaction surveys and supported by ongoingcommunication mechanisms. The survey covers service, price, delivery, quality, accessories, and other dimensions. By deeplyunderstanding customer needs, ef?ciently responding to and resolving customer concerns, and continuously optimizingservice quality and experience, the Group identi?es opportunities for service enhancement, strengthens mutual valuecreation with customers, steadily improves customer satisfaction and loyalty, and builds a responsible brand reputation.
The Group has formulated the Product Recall System and the Food Withdrawal and Recall Control Procedure, among others, toenhance emergency response capabilities for product safety incidents and improve relevant management standards. TheGroup has established a comprehensive product recall process to ensure prompt and effective recall of products whenpotential safety hazards are identi?ed, thereby protecting customers' interests and safety.Traceability &Identi?cation
Ef?cientCommunication
Orderly RecoveryRisk ControlReview & SummaryAccurately trace thesource and ?ow ofproblems, and fullyidentify and locateall relevant parties.
Launch recallnoti?cations throughmultiple channelssimultaneously toensure clear delivery of
key information.
Organize productrecovery through theexisting channelnetwork to ensure the
process is traceable
and controllable.
Strictly isolate and labelrecalled products, andensure safe disposal perstandardizedprocedures.
Complete whole-process
closed-loopmanagement andsystematically compilerecall reports to capture
lessons learned.
Customer Complaint Handling Process
Product Recall Process
Key Performance
Key Performance
During the reporting period, carried out 2 customer satisfaction surveys, collecting a cumulative total of3,177 valid questionnaires. The customer satisfaction rate 96.20 % and 98.76 % respectively.
Key Performance
During the reporting period, number of product recall incidents 0
During the reporting period, the Group carried out a special simulated recall drill for the food additive nitrogen production line.Strictly following relevant product recall policies, the drill fully covered the closed-loop operation of the entire process: ProblemIdenti?cation & Evaluation - Recall Plan Formulation - Information Release & Communication - Recall Implementation & Disposal- Follow-up Corrective Actions & Optimization
Product Recall DrillCase
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
4142
Customer Communication and Complaint Response
Customer Satisfaction Management
Product Recall Management
4344
The Group prioritizes supply chain governance to ensure stability, compliance, and ef?ciency. It has established acomprehensive institutional framework, including the Procurement Business Management Process, Supplier Development andCerti?cation Process, Supplier Classi?cation Management Provisions, Supplier Performance Management Provisions, SupplierDocumentation Management Provisions, and Procurement Bidding and Tendering Management Process. This frameworkenables full-chain oversight covering supplier quali?cation, tiered management, performance evaluation, procurementprocedures, bidding compliance, and documentation. It governs the entire supplier lifecycle—from selection and onboarding toperformance assessment—ensuring standardized procurement, strong supplier quality control, and reliable supply of rawmaterials for core products such as specialty and bulk gases.
To build a high-quality supply chain ecosystem aligned with theGroup's strategic development and achieve win-win cooperationwith partners, the Group places supplier development and auditmanagement at the core of its supply chain strategy, employingsystematic processes to ensure that suppliers' products andservices meet stringent standards for quality, ef?ciency, andcompliance.In the supplier development stage, the Procurement Centeridenti?es potential suppliers through professional platforms suchas industry exhibitions and technical seminars, and collectstargeted information by leveraging industry directories,professional databases, and other channels, therebycomprehensively expanding the pool of potential partners.In the supplier audit stage, the Group has established acomprehensive and standardized quali?cation audit system withstrict evaluation and selection criteria. Through thoroughinspections and assessments, rigorous screening, and prudentevaluation, it selects quali?ed partners to achieve coordinateddevelopment of the upstream and downstream industrial chains.
To standardize supplier management and enhance supply chain ef?ciency, the Group continuously re?nes its supplierevaluation and classi?cation management and optimizes the categorization system. Suppliers are scienti?cally classi?edbased on their cooperation attributes, business scale, and other characteristics, enabling targeted oversight and strengtheningsupply chain reliability.
Potential Supplier PoolSupplier Development Demand
Supplier Development Team
Audit RequiredY
N
NY
On-site AuditEnd
N
N
Pass
Audit RequiredQuali?ed Supplier
Approval
First Sample Certi?cation of
New Materials
Key Performance
The Group attaches great importance to the integrity management ofsuppliers. It requires all quali?ed suppliers to sign the Supplier IntegrityCommitment and requires procurement personnel to sign the ProcurementPersonnel Integrity Commitment, thus establishing a strong foundation forethical cooperation both internally and externally.The Group is committed to building stable, healthy, and sustainablepartnerships with suppliers, ?rmly opposing commercial fraud and corruptpractices, and upholding the principles of fair trade. In addition, the Grouporganizes periodic integrity training sessions for procurement staff to enhancetheir awareness of integrity, thereby maintaining a fair and impartial marketenvironment and healthy, transparent cooperative relations, and achievingmutual bene?t and long-term sustainable development.
Sustainable Supply Chain
The Group deeply integrates the concept of green procurement into the entire supply chain process and collaborates withsuppliers to practice green development. In supplier selection and product procurement, the Group prioritizes products andservices that meet green standards or possess relevant green certi?cations.
During the reporting period, thesigning rate of the Supplier IntegrityCommitment among quali?edsuppliers reached100%.
Supply Chain Security
Supplier Development and Certi?cation Process
Supply Chain Governance
Supplier Management
Supplier Development and Audit
Supplier Evaluation and Classi?cation Management
Integrity in Procurement
Green Procurement
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
Based on the SRM system, the Group has built a digital supply chain management platform. By establishing a supplierinformation database and formulating standardized access procedures and quali?cation review mechanisms, it ensuresstandardized management in the supplier selection process. Meanwhile, the introduction of AI-powered contract managementtools signi?cantly enhances the entire supplier management process, continuously driving the intelligent and digital upgradeof supply chain management.
AI Contract Management
It enables core functions such as intelligent extraction of contract elements,automated generation of contract summaries, rapid comparison of multi-versioncontract texts, and precise identi?cation of contract clause risks, promotingintelligent, end-to-end management of supplier cooperation contracts.
Key Performance
The Group consistently upholds the principles of fairness and equity in its daily operations, treats all SME partners equally, andstrives to build long-term, stable cooperative relationships.
Equal Treatment of Small and Medium-Sized Enterprises (SMEs)
The Group strictly abides by the Cybersecurity Law of the People's Republic of China, the Data Security Law of the People'sRepublic of China, and other relevant laws and regulations on data security and privacy protection, and has established amulti-layered, comprehensive protection system.With the core goal of "building a solid digital security barrier," the Group has developed a secure digital infrastructurearchitecture featuring "active defense + intelligent control," providing comprehensive support across hardware deploymentand network architecture.Network Architecture Optimization: The Group adopts a "physical isolation + logical control" model to segregate its internal
and external networks. The internal network serves as the core industrial control network, handling PLC and DCS equipmentcontrol, as well as production data ?ow and interaction. The external network functions as a public service network, supportingcustomer interactions and other external business activities. This ensures risk isolation at the source, reducing potential dataleakage and loss.Deployment of Core Protection Systems: The Group has deployed the Sangfor Network Security System as its core protectionsolution, effectively defending against external cyberattacks and malicious intrusions. It has also established a documentsecurity management system to encrypt and manage sensitive documents—including process parameters, quality data, andcustomer-related information. The system enforces strict access controls, ensuring data is governed, controlled, and traceablethroughout its lifecycle—creation, storage, transmission, use, and destruction—thereby eliminating internal leakage risks.
By the end of the reporting period, Overdue unpaid amount 0By the end of the reporting period, Overdue unpaid amount to SMEs 0
Data Security and Customer Privacy Protection
Key Performance
No data breaches or privacy incidents werereportedduring the reporting period.
4546
Digital Supply Chain
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
Standardized GovernanceBusiness Ethics
Business Ethics
Corporate
Governance
Key PerformanceIn 2025, the Group convened 6 meetings of the Supervisory Board and adopted 23 proposals (the Groupabolished the Supervisory Board in September 2025).
Key
Performance
In 2025, the Group held 3 shareholders’ meetings and considered and adopted 26 proposals.
Shareholders' Meeting
Board of Directors
Audit Committee
Strategy and ESG
Committee
Nomination Committee
Remuneratyion&Appraisal Committee
Governance StructureStandardized Governance
Governance Structure Chart
Shareholders' Meeting
Board of Directors
4950
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
Key Performance
Key PerformanceAs of the reporting period end, the Group had 9 directors, including 1 female director, 1 employee director and3 independent directors.
The Group strives to build a professional and diverse Board team to effectively respond to complex market and operationalchallenges and consolidate the foundation for sustainable development. In the nomination and appointment of directors, theGroup takes full account of professional competence, quali?cations and background. By optimizing the Board’s overallstructure and competency matrix, the Group comprehensively strengthens the Board’s ability to identify, assess and addresspotential risks. One employee representative director was appointed to establish a communication channel between thegovernance layer and employees, integrate employees’ demands into Board decision-making, re?ect humanistic care throughimproved governance structure, and elevate the Group’s corporate governance to a higher level.Independent directors provide the dual core functions of supervision,checks and balances and professional advice in corporate governance,and are critical to ensuring the Group’s standardized operation. TheGroup strictly complies with applicable laws, regulations and internalrules, and improves the performance guarantee mechanism to enableindependent directors to fully exert their professional strengths andmake independent judgments. Independent directors hold the majorityof seats in all special committees of the Board and serve as convenersof all committees except the Strategy and ESG Committee. Sucharrangement allows independent directors to deeply participate in keydecision-making, deliver professional and targeted opinions and strongsupport for the Board’s sound decision-making, and effectively protectthe legitimate rights and interests of the Group and all shareholders,especially minority shareholders.
The Group held 10 Board meetings, adopting 77 proposals with 100 % attendance of Board members.It held 10 specialized committee meetings, adopting 18 proposals:
Audit Committee: 5 meetings, 11 proposals adopted;Strategy and ESG Committee: 1 meeting, 2 proposals adopted;Nomination Committee: 3 meetings, 3 proposals adopted;Remuneration and Evaluation Committee: 1 meeting, 2 proposals adopted.
The Group held 1 special meeting of independent directors, adopting 1 proposal.
Board Diversity and IndependenceImprovement of Supporting Governance Systems
SpecializedCommittees
Audit Committee
Remuneration andEvaluation CommitteeNomination Committee
Strategy and ESGCommittee
Non-independentDirectors (No.)
YESYESYESNO
Independent Directorserve as Chairperson?Independent Directors
(No.)
5152
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
The Group regards investor relations management as a core task in improving corporate governance and protectingshareholder rights. Under the leadership of the Chairman of the Board, the Secretary of the Board takes charge of theorganization and coordination of investor relations management, and the Securities Department implements speci?c affairssuch as liaison, coordination and information transmission, so as to effectively safeguard the legitimate shareholder rights ofinvestors.During the reporting period, the Group revised and improved the Investor Relations Management System, andcarried out daily investor relations management in strict accordance with the system, establishing an investor relationsmanagement system featuring “sound systems, standardized procedures and transparent information”.The Group actively builds a communication bridge with investors, and delivers its core values through diversi?ed channels suchas visualized interpretation of ?nancial reports, investor surveys, participation in industry exhibitions and self-mediapromotion. It has also set up communication channels including investor hotline and e-mail to continuously broaden the accessto information for small and medium-sized investors, strengthen interaction and communication with investors, and protectinvestors’ legitimate rights such as the right to information and voting right on a fair basis.
Key Performance
4 performance brie?ngs54 SSE e-Interaction Responses, with a 100 % reply rate304 investor communication sessions, covering 1,122 participants90 investor calls answered
Internal Audit Work SystemExternal Guarantee Management
SystemInside Information Management System
Connected Transaction Management
SystemMajor Operation and Investment
Decision Management SystemPro?t Distribution Management System
Management System for Shares Heldby Directors and Senior Management
and Their ChangesSelection and Appointment System
for Accounting FirmsMarket Value Management System
Measures for the Administration of
Raised Funds
Compliance & Operations
Internal Management System for
Suspension and Exemption of
Information DisclosureInternal Reporting System for Material
InformationInvestor Relations Management System
Commitment Management SystemExternal Information User Management
System
Information Disclosure Affairs
Management System
Articles of AssociationRules of Procedure for the Shareholders'
MeetingRules of Procedure for the Board of
DirectorsIndependent Directors SystemDetailed Rules for the Work of Special
Meetings of Independent DirectorsRules of Procedure for the Strategy
and ESG Committee of the BoardRules of Procedure for the Audit
Committee of the BoardRules of Procedure for the Nomination
Committee of the BoardRules of Procedure for the Remunerationand Evaluation Committee of the Board
Detailed Rules for the Work of the
General ManagerWork System for the Secretary of
the Board of DirectorsManagement System for the Resignation
of Directors and Senior Management
Subsidiary Management System
Information DisclosureGovernance Structure
Key Performance
4 periodic reports153 ad hoc announcements
Investor Relations and Shareholder Rights
Standardized Information Disclosure
Investor Relations Management
5354
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
Key Performance
As of the end of the reporting period, the Group’s cumulative cash dividends since listing amounted to 649million.The proposed cash dividend for the current year is119.29 million, accounting for 90.42% of thenet pro?t attributable to shareholders of the listed Company for the current year.Since its listing in 2020, the Group has repurchased a total of 10.51 million shares, accounting for
2.18% of the total share capital as of December 31, 2025, with a total repurchase amount of 249
million.
The Group adheres to the philosophy of “Corporate Governance by Law, Compliance First”, integrates compliancemanagement into its core strategy, and builds a “three-full” compliance system covering all business entities, sectors andprocesses.Guided by its core values, the Group complies with the Company Law, the Securities Law and other regulatory requirements.It continuously improves its compliance system with clear rights and responsibilities, and sets up a full-time compliancedepartment under the supervision of the Board’s special committees. The department carries out compliance review, riskmonitoring, inspections and training, forming a dual-driven compliance governance structure supported by systems andorganizations.The Group conducts systematic training on contract compliance,anti-corruption and corporate governance, covering relevant laws,regulations and practical norms. Through case studies, seminars andonline-of?ine programs, it enhances employees’ compliance awarenessand professional competence, providing a solid foundation for the Group’scompliant and steady development.
Recognitions
Compliance Operation
Key Performance
3 compliance training sessions held,covering 299 participants
Active Return to Shareholders
5556
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
The Group has established a dual-track internal audit system of “regular audit + routine supervision”. Regular special auditsensure objective and accurate judgment of major risks; routine daily inspections and special supervision are carried out inbusiness processes. By building an internal control matrix and sorting out internal control procedures and risk managementmeasures, the Group has formed complete internal audit documents to ensure standardized and ef?cient management.To strengthen internal control implementation, the Group continuously provides compliance and risk training for directors, seniormanagement and all employees. Targeted courses improve legal awareness and risk prevention capabilities, turning rules intoeffective practice and fully supporting the Group’s steady operation.
Key Performance
Conducted 48 routine audits and 4 other investigations.During the reporting period, 0 material or signi?cant internal control defects were identi?ed, the recti?cationcompletion rate of identi?ed general issues and defects reached 96%.
Each core business department regularly reviews risk focus pointsand integrates into daily risk control.Each functional management department assists and supervisesthe implementation of risk management systems by variousdepartments.The Audit Committee, established under the Board of Directors,comprehensively coordinates management across various riskareas.The Audit Department, established under the Audit Committee,serves as the permanent internal audit body. It is responsible forexamining and evaluating the integrity, rationality, andeffectiveness of the implementation of economic responsibilityand internal control systems, and regularly reports to the AuditCommittee and the Board of Directors.
First line of defenseSecond line of defense
Third line of defense
Risk and Internal Control
In October 2025, the Group specially invited external lawyers toconduct a special training on "Corporate Governance andStandard Operation of Listed Companies". The training provideddetailed interpretation on major transactions, connectedtransactions, information con?dentiality and other aspects inthe daily operation of listed companies. Through the explanationof laws and regulations, case analysis, on-site Q&A and othermethods, it further enhanced employees’ complianceawareness and professional competence.
Compliance TrainingCase
Conduct the audit
Develop the annualinternal audit workplan
Establish a specialaudit team
Issue the internalaudit notice
Archive documents
upon auditcompletionPromote therecti?cation of defectsand problems
Follow up and revewrecti?cationInternal Audit Process
Three Lines of Defense for Risk Management
5758
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
Key PerformanceDuring the reporting period, 0 lawsuits or major administrative penalty cases involving commercial bribery andcorruption occurred in the Group.
Audit Committee of the
Board
Group Management
Audit Department
The heads of each businessunit, department andsubsidiary
Financial Management Center
Responsible for guiding anti-corruption and anti-fraud efforts and providing ongoing supervision of related work.Responsible for establishing a Group-wide anti-fraud and anti-corruption cultural environment, and for building andimproving an internal control system that includes fraud prevention, whistleblowing acceptance, and investigationhandling;Accountable for the occurrence of fraudulent activities and responsible for coordinating and guidingcross-departmental anti-fraud efforts within the Group.The Group's standing body for anti-corruption and anti-fraud efforts, assisting management in establishing andimproving anti-corruption and anti-fraud mechanisms;Responsible for conducting anti-fraud prevention and awareness activities;Responsible for receiving complaints and reports of fraud incidents, and providing responses and follow-ups;Responsible for forming anti-fraud investigation teams, organizing internal anti-fraud investigations, producingreports, and reporting results to the Chairman.
Human Resources andInformation Management
DepartmentResponsible for promptlytransferring any corruption orfraud clues discovered during?nancial managementactivities to the AuditDepartment.Responsible for freezing allpayment obligations of theindividuals involved in the casebefore the case is concluded.Assist in recovering economiccompensation for the case.
Legal Department
Responsible for transferringcases that meet the ?lingcriteria to judicial authorities.Represent the Group ininitiating legal proceedingsagainst individuals involved inthe case.
The heads of each businessunit, department, andsubsidiary are the primaryresponsible persons andcontacts for anti-fraud effortswithin their respectivedepartments, tasked withcarrying out internal antifraudactivities.Responsible for carrying outrelevant prevention campaignswithin the department.
During implementation, the Group clari?es the anti-fraudduties and authorities of all departments. It enhances employ-ees’ anti-corruption awareness through regular and ad hocintegrity self-inspections, training and publicity.It integratesanti-corruption requirements into internal management andexternal cooperation, and prohibits corruption, bribery andabuse of power. The Group signs integrity commitments withpartners and conducts relevant promotion to strengthen theirself-discipline.With complete systems, organizational support and effective implementation, the Group consolidates its anti-corruptionfoundation, fosters a clean and compliant environment, and supports its long-term steady development.
Anti-Commercial Bribery and Anti-CorruptionBusiness Ethics
Specialized training on business ethics
5960
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
Reporting Channel
Key PerformanceDuring the reporting period, 0 lawsuits or major administrative penalties caused by unfair competition occurred.Acceptance of the report or participate in the investigation of personnel to strictly protect the relevant information ofthe whistleblower, the speci?c content of the report, the relevant investigations are carried out without revealing theidentity of the whistleblower. Unless the whistleblower agrees, in any case, not to disclose the whistleblower’s name,contact details and other information.For violation of con?dentiality or improper performance of duties of the staff, according to the situation and theconsequences of serious treatment. Constitutes an offence, transferred to the judicial authorities.Any unit or individual shall not use any excuse to block, suppress the whistleblowers report, shall not take any way toretaliate against whistleblowers. Individuals who engage in retaliation against whistleblowers will be subject to seriousdisciplinary action in accordance with the Group’s relevant regulations once the facts are veri?ed. Those who violatethe law will be transferred to the judicial authorities for legal processing.
The Group has established a sound reporting and supervision mechanism, and activelypromoted the reporting policy at the headquarters and all subsidiaries. It encouragesemployees and partners to report acts violating integrity standards and fraud issues. TheAudit Department is the competent department for reporting clues, responsible for cluereception and investigation organization. A whistleblower protection mechanism is alsoimplemented to effectively safeguard the legitimate rights and interests of whistleblowers.
Reporting Hotline: 0512-65767715-8110/8106Reporting Email: 17798596707@163.com
Whistleblower Protection
Anti-Unfair Competition
Reporting Policy Promotion
6162
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
Climate Change ResponseEnvironmental Compliance ManagementPollutant EmissionsWaste DisposalEnergy UtilizationWater Resource UtilizationCircular Economy
Environmental
Protection
Climate change is a core global issue. With the deepening of the Paris Agreement targets, China's "Dual Carbon" goals, andstricter 2025 regulations, corporate climate governance requirements are clearer than ever. The Group embeds climategovernance into its core development and actively supports the low-carbon transition.
The Group has a clear and ef?cient governance system. The Strategy and ESG Committee sets climate strategies, goals, andoversees progress. All departments integrate climate requirements into production, R&D, and supply chains to ensure effectiveaction. Operationally, the Group cuts emissions, promotes clean energy, and boosts ef?ciency. Led by its national "GreenFactory," it takes concrete steps to mitigate climate impact.Moving forward, the Group will strengthen climate governance, embed low-carbon thinking into operations, and respond tonational "Dual Carbon" and global goals—seizing green opportunities to drive sustainable growth.
To meet regulatory demands, the Group follows the Self-Regulatory Guidelines for Listed Companies No. 14 – SustainabilityReport (for Trial Implementation) and Self-Regulatory Guidelines for STAR Market Listed Companies No. 13 – Preparation ofSustainability Reports issued by the Shanghai Stock Exchange (SSE), actively identi?es climate risks and opportunities. It thenassesses how its strategy and business model align with climate trends.
PhysicalRisks
TransitionRisks
Acute
Chronic
Prod.Ops.SCLogistics
Prod.Ops.
Asset lossequip damageops. cost increase
Ops. cost increase
Raw material delays,SC disruption, prod.stability decreaseLong-term climateshifts threatenemployeesafety/health, ops.ef?ciencydecrease
Typhoon
FloodExtreme temp.Extreme wind
Short-term
(< 1 yr)
Long-term
(> 5 yrs)Sea level riseheatwavesWater scarcity
Risk & DescriptionTimeframe
ValueChain
Potential ImpactRisk ImpactFinancial Impact
Response Measures
Governance
Strategy
MarketOps.Revenue decreaseShift in S&D forgoods/servicespressures opsMed-longterm(3-5 yrs)Low-carboneconomy transition
Enhance SC risk mgmt, resilience;Collect/analyze global market info
PolicyOps.Ops. cost increaseStricter emissionreduction anddisclosureresponsibilitiesMed-longterm(3-5 yrs)
Med-long
term(3-5 yrs)
stringent globalclimate policies
Track climate laws/policies;Ensure compliance;Explore emission reductions foritself & partners, build green valuechain
Ops.Reputation
Brand decrease,investor con?dencedecrease,?nancing costincrease,revenue decreaseReputation harm ifenv. performanceunmetStakeholder sust.focus increaseDisclosure demandsincrease
Establish/improve env. mgmtsystem, ensure effectiveimplementation;Comply with climate disclosure;Address stakeholder concerns,pursue sust. dev.
Form emergency team, coordinateresponse, weather warnings;Develop emergency plans, clarifyresponsibilities of depts. &personnel;Stop hazardous ops in extremeweather;Regular site/equip inspections;Check drainage systems
Climate Change Response
Climate Risk Identi?cation and Response
6566
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
Med-long
term(3-5 yrs)
Low-carbontransitionaccelerates cleantech R&D, techpressureGrowing demandfor low-carbonproducts,low-carboneconomy advances
As a one-stop gas solutions provider, the Group follows China's "Dual Carbon" goals as its guiding framework and is committedto green, low-carbon development. It systematically analyzes how these goals impact its ?nancial position and businessgrowth, driving emission cuts through both technological innovation and concrete actions to strengthen its overall climateresponse capacity.
Based on the industrial gas industry's operational traits and asset distribution, the Group focuses on climate change impactson production stability, supply chain security, energy costs, and market demand, continuously enhancing its climate responsecapacity. Key steps:
R&DOps.
ProcurementProd.Ops.
Ops.
ProcurementProd.Ops.
Prod.Ops.
To advance green, low-carbon, and high-quality development, the Group takes a long-term view, crafting a dedicated climatestrategy and seizing opportunities from climate trends. Aligned with its medium to long-term sustainability goals, it steadilydrives low-carbon transformation across its production, operations, and services value chain, strengthening the foundation forsustainable growth.
TechnologyRevenue decrease
Opportunity Type and Description
TimeframeValue ChainPotential Financial ImpactResponse Measures
MarketOpportunities
PolicyOpportunities
ResourceEf?ciencyOpportunities
Energy
SourceOpportunities
Revenue increase,market share increase
Policy support access
Ops cost decrease
Ops. cost decrease,resilience against energy
price volatility increase
Med-long(3-5yrs)
Med-long(3-5yrs)
Med-long(3-5yrs)
Short-med
(1-3yrs)
Global low-carboneconomy accelerates,green product demandgrows
Strong national 'DualCarbon' policies &support
Improving energyef?ciency saves energy,aids low-carbontransition
Global energy shift toclean sources; greenenergy mainstream
Risk Dimension
De?nition
Risk InformationCollection
Identify risks systematically from physical and transition risk dimensions.
Response StrategyDevelopment
Create targeted plans based on risk lists and allocate resources for effectiveexecution.
Organize and assess identi?ed risks to support evaluation and strategydevelopment.
Dynamic RiskManagement
Set up regular monitoring to adapt to changes and ensure effective oversight.
Increase R&D in sust. products/tech;Advance carbon capture &utilization projects
Strengthen green gas product/serviceportfolio, offer clean low-carbonsolutions
Monitor policy to align business withgreen transition;Build low-carbon tech reserve,accelerate core R&D
Enhance energy ef?ciency via techupgrades/process optimization;Promote water/gas recycling
Optimize energy mix, reduce fossilfuel dependence, lower emissions;Increase renewable energy share
Management of Impacts, Risks and Opportunities
Indicators and Goals
Climate Opportunity Identi?cation and Response
Climate Risk Identi?cation and Management
6768
Risk & DescriptionTimeframe
ValueChain
Potential ImpactRisk ImpactFinancial Impact
Response Measures
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
In 2024, Shanghai Jinhong (a Group subsidiary) signed an Industrial Gas Supply Contract with Yunnan Qujing Chenggang Ironand Steel. Through acquiring and upgrading three oxygen units and backup systems, it now supplies oxygen, nitrogen, argonand other gases to the client. Post-renovation in 2025, the system's speci?c power consumption dropped 7.3%, cutting CO?emissions by 10,334.86 tons annually—equal to saving 5,463 tons of standard coal (equivalent value). The project created anintegrated "asset upgrade + long-term supply" model and a replicable "ef?ciency gain – carbon value" dual-driver approach. Itoptimizes regional energy use, upgrades the steel gas support industry toward greener, high-end development, and boostslow-carbon transition and regional "Dual Carbon" goals.
The Group strictly follows the Environmental Protection Law, Energy Conservation Law, and other environmental regulations.Adhering to its policy—"Safety First, Prevention First; Improve Environment, Protect Health; Comprehensive Management,Continuous Improvement; Comply with Laws, Advance Holistically"—it ensures ef?cient and compliant environmentalmanagement.
Key PerformanceGHG EmissionGHG (Scope 1) Emissions
GHG Emissions Directly Reduced by Emission
Reduction Measures
GHG (Scope 2) EmissionstCO?eGHG Emissions (Scope 1 & Scope 2)
tCO?etCO?e
tCO?e14,652.44305,361.83320,014.274,834.46
Unit2025
Achieved
Compliance of wastewater, air, dust andnoise emissions
Compliant disposal of solid wastes
Chemical spills incidents
Fire and explosion incidents
100%0
%
For environmental risk control, the Group upholds green development principles, strengthens source prevention andcomprehensive management, and builds a long-term mechanism. It adopts diverse measures to ensure effectiveenvironmental risk control. In daily operations, it monitors waste gas, wastewater, and other pollutants in the plant area, whileestablishing investigation and emergency response mechanisms to effectively manage the environmental impact of itsactivities.
Environmental Risk Management
ISO 14001 Environmental Management System Certi?cationChenggang Gas Oxygen System Energy-Saving UpgradeCase
Environmental Compliance Management
Jinhong Gas Meishan JinhongChangsha YihuaChongqing Jinsu
6970
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
The Group complies with all relevant environmental laws (e.g., Environmental Protection Law, Air Pollution Law, Water PollutionLaw, Solid Waste Law) and has a full-process environmental management system. It ensures emissions meet standards whilereducing environmental impact through tech upgrades.
The Group prioritizes air quality, follows design specs, and uses adsorption, wet scrubbing, combustion, condensation (single orcombined) for waste gas treatment.
Through systematic wastewater management and water recycling, the Group reduces freshwater demand, contributing toecological protection and demonstrating its ?rm commitment to sustainable development.The Group has a tiered response system and dedicated emergency command, supported by professional teams and facilities.Regular drills improve response capability.Emergency drill plans include LNG Leak Emergency Drill Plan and Hazardous Waste Warehouse Fire Drill Plan.
Total Waste Gas EmissionsPM Emissionskgkgkg
104m330,689.00
965.30
24.00
9,940.00
Cleaner production and water recycling systems cut fresh water use and wastewatergeneration at source.
Advanced facilities use physical, chemical, biological methods for compliant discharge.A sludge ?lter press converts sludge to solid waste, cutting costs and improvingef?ciency.
A full-process monitoring system tracks wastewater concentration in real time, coveringCOD, BOD?, total phosphorus, total nitrogen, ensuring traceability.
Source Management
Full-Process Monitoring
Treatment Facilities
The Group has established the Management Procedure for Identi?cation andEvaluation of Risks and Opportunities and the Emergency Plan for SuddenEnvironmental Incidents. It identi?es environmental factors in operations and takescorresponding actions.
Systematic EnvironmentalRisk Management
The Group conducts hazard inspections and self-corrections to prevent recurrence.All hazards are logged into a tracking system for timely recti?cation. It alsoorganizes environmental emergency training and drills, and stocks emergencysupplies.Planning and Source
Control
At the design stage, health or environmental protection zones are set, with nosensitive targets within them.Regular Inspections
& Training
Emissions of Exhaust Gas PollutantsUnit2025
Environmental Emergency Management
Waste Gas Management
Wastewater Management
Preventive Measures
Wastewater Management Measures
Pollutant Emission
7172
NO EmissionsX
SO EmissionsX
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
The Group strictly follows national standards including the Standard for Pollution Control on Storage and Land?ll of GeneralIndustrial Solid Waste and Standard for Pollution Control on Hazardous Waste Storage. It has built a full-process wastemanagement system and works with quali?ed third parties for safe, compliant disposal. Regular inspections and full-processcontrol over waste classi?cation, storage, and treatment ensure effective implementation.
The Group adheres to the energy policy of "Consuming Less and Producing MoreEf?ciently, Conserving Energy and Reducing Emissions, Striving for Pro?tability,Operating in Compliance, Innovating Technologically, Pursuing Excellence.", and activelycarries out energy conservation and emission reduction activities. A series of measureshave been adopted to reduce energy consumption and emissions, including improvingproduction processes and implementing energy management. These measures not onlyhelp the Group save energy and reduce costs, but also make positive contributions toenvironmental protection. The Group has obtained the ISO 50001 Energy ManagementSystem Certi?cation.
Waste Management
General Industrial WasteTotal Waste Generation
General Industrial Waste Generation IntensityHazardous WasteTotal Hazardous Waste Generation
General Industrial Waste Compliant Disposal RateTotal General Industrial Waste Generation
%
t/million
tonne
tonne
92.43
51.45
40.98
tonne
Hazardous Waste Compliant Disposal Rate
%
Unit2025
1Waste Intensity = Waste Generation / Annual Revenue
Based on noise characteristics of different work environments, targeted measures are implemented:
sound-insulated control rooms, sound enclosures for high-noise units, sound absorption in reverberant areas,muf?ers at sound sources and along propagation paths, and vibration isolation for equipment. These actionsfully block noise transmission, achieving both workplace noise reduction and community noise control.
Source Prevention
Process Interception
A regular monitoring system is in place. In 2025, third-party boundary noise tests met all national standards.Data tracking enables risk detection and preventive maintenance, ensuring compliance and continuousimprovement.
End-of-Pipe Treatment & Compliance
The Group integrates noise control into production, forming an integrated system of source prevention, process interception,and end-of-pipe treatment.
Noise Management
Selecting low-noise equipment, optimizing layout, and adding vibration dampeners to cut noise at source.
Waste Disposal
Energy Utilization
Energy Management SystemCerti?cation Certi?cate
7374
Total Wastewater Dischargetonne93,651.33Wastewater DischargeUnit2025
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
0.019
Hazardous Waste Generation Intensityt/million
0.015
Uses strong acids or alkalis forneutralization, corrosion risks,safety hazards, ecological damage.Uses solvent-based orwater-based cleaners, causingVOC emissions or hazardouswastewater.
Carbon dioxide (CO?) as a mild pHadjuster, dissolving in water to formcarbonic acid for neutralization.High-purity carbon dioxide (CO?)as a supercritical ?uid cleaningagent under speci?c conditions.
Green Process: Mild andcontrollable reaction; introducesno strong acid anions (e.g.,SO???, Cl?), reduces ion load andscaling risk.?Higher safety.Replaces Water & Chemicals:
No water or solvents needed;residue-free with instant drying.
Industrial & MunicipalWater Treatment
Precision IndustrialCleaning
Application ScenarioTraditional IssuesJinhong Gas's Solutions & ProductsWater & Environmental Bene?ts
High ultrapure water consumption;generates complex chemicalwastewater (dif?cult & costly totreat).
Large amounts of high-pressurewater mixed with abrasives, andgenerating sludge wastewatercontaining metal powder.
Ultra-high purity N? for dryprocesses (drying, purging) topartially replace wet cleaning steps.
High-purity oxygen (O?) ornitrogen (N?) as auxiliary gases forlaser cutting, enabling a dryprocess.
Direct Water Saving: Reducesultrapure water consumption.Source Pollution Reduction: Cuts?uorine- and phosphorus-ladenwastewater, lowers terminaltreatment load.
Water-Free Process: Eliminatesindustrial water use.Zero Wastewater: No sludgewastewater; metal waste is dryand clean, easier to recycle.
Semiconductor Chip
Manufacturing
Precision MetalCutting (e.g., stainless
steel, titanium alloy)
Reference: GB/T 2589-2020 General Principles of Comprehensive Energy Consumption Calculation
The Group stepped up its emission reduction efforts and actively optimized its energy mix. During the reporting period, itsdistributed photovoltaic power generation reached 692,448.00 kWh.
Gasoline
Purchased ElectricityPurchased Heat
DieseltonnekWh
GJ
tonne
119.52
4,594.40574,842,000.40
3,187.89
Comprehensive Energy Consum
Natural GasOf Which: By Energy Type
104m3
3.65
Indirect Energy Consumption
Clean Energy ConsumptionRenewable Resources Consumptiontce
85.10
%
0.11
Renewable Resources Consumption Ratio
Comprehensive Energy Consumption Intensitytce/million
27.97
kWh
tce70,756.79
692,448.00
Direct Energy Consumptiontce6,910.50
tce77,667.29
Energy Consumption1Unit2025
The Group places high importance on water conservation, strictly follows the Water Law of the People's Republic of China, andresponds to regulatory requirements by sending personnel to water-saving training for advanced tech and managementexpertise. In practice, it raises awareness through posters and campaigns, whiledriving tech upgrades and system optimization—completing projects like pure waterrenovation for hydrogen production and condensate water renovation for ultra-highpurity ammonia, and building a circulating water system to recycle productionwastewater and cut water use at source. By supplying specialty gases tosemiconductor and high-end manufacturing customers, the Group helps them replacehigh water-consumption processes, boosting water ef?ciency and value across theindustrial chain.
Photovoltaic powergeneration
Energy saving in lighting
Employee energy conservation
awareness training
Energy data collection
and analysis
Waste heat recovery and
utilization
Promoting paperless of?cetransformation of Energy
saving equipment
insulation materials insulation
materials
Utilization of renewableresources
Water reusing
Posting of energy-saving
signs
Air conditioning energy
saving control
Energy Saving Initiatives
Water Resource Utilization
Water-saving Training
7576
Total Water ConsumptionWater Intensityt/million
tonne3,524,500.82
1269.37
Water Resource utilization2Unit2025
2Water Intensity = Water Consumption / Annual Revenue
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
Lean Water Management: Preventive maintenance and lean management eliminate water waste.Waste Heat Recovery: Steam Recycling Technology captures by-product steam from hydrogen production forheating in ultra-high purity ammonia production, with condensed steam returned to hydrogen units. Thiscross-unit energy cascade cuts steam and fresh water use.
Green Procurement: High-ef?ciency, low-impact equipment is prioritized in investments, securing energy and
carbon savings from the start.
Cylinder Recycling: Gas cylinders are reused after inspection, maintenance, cleaning, and testing—reducingdisposable packaging waste and extending product responsibility across the life cycle.
The Group follows circular economy principles—Reduce, Reuse, Recycle—across operations. Through innovation andoptimization, it has developed scalable green practices delivering both economic and environmental bene?ts.
Circular Economy Models
The Group provides large-scale on-site gas productionsolutions to help customers address the resourceutilization challenge of high-sulfur petroleum coke.Through the POX process, it converts this feedstock intosyngas, reducing reliance on traditional energy sourcesand lowering carbon emissions while ensuring a reliablegas supply for long-term sustainable development.
The Group recovers coke oven gas for ef?cient,comprehensive utilization through a low-carbon, circularapproach, producing liquid ammonia, LNG, and high-purityhydrogen. It also supports downstream customers inelectronics, semiconductors, and other industries, boostingeconomic returns while enhancing environmentalperformance.
For the biomass liquid fuel project, we have provided green oxygen andnitrogen, along with a supporting investment in a green carbon dioxiderecovery unit. This has signi?cantly reduced the carbon emissions of theproject and provided critical support for the production of green methanol.
Circular Economy
Green Gases Driving Downstream TransformationCase
7778
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
Employment, Development and Rights ofEmployeesOccupational Health and SafetySocial ContributionRural Revitalization
Social
Well-being
The Group adheres to the principles of openness, impartiality and fairness in employment. It has established a labormanagement system centered on the Employee Handbook, Recruitment Management System, Labor Contract ManagementSystem and Management System for Personnel Stationed Abroad, to safeguard employees' legitimate rights and interests atthe institutional level. Furthermore, it strictly prohibits child labor and forced labor, and eliminates discrimination based ongender, race, marital status, region, religious belief or other identities throughout the recruitment and employment process.The Group is committed to fostering an equal and transparent professional development environment for all employees.
Guided by its people-?rst philosophy, the Group fosters a diverse and inclusive workplace culture, cultivating a high-caliber andprofessional talent team.
The Group prioritizes person-job ?t as its core recruitment criterion. It attracts talentthrough diverse channels—including campus recruitment, online platforms, on-site jobfairs, headhunting services, and internal referrals—to continuously strengthen its talentpool. To better identify candidates with relevant experience, the Group has establishedpartnerships with industry associations and platforms such as Dahua Chemical TalentNetwork and CHENHR.COM. Leveraging these channels enables the Group to stayinformed on market dynamics and talent trends, facilitating targeted recruitment ofexperienced professionals.
Multi-levelEducationalBackground
Master
Below College Diploma1,402
College Diploma
Bachelor
Docter
Graded Age
Structure
≤30
30-50（including 50）1,865
≥51
Ethnic minority employees
FemaleLeadership
Ethnic Inclusion
18.44%
Total Employees
2,914
Female employees
Male employees
2,300
GenderDistribution
Talent Acquisition
Employment, Development and Rights ofEmployees
Multi-Channel Recruitment
Diversi?ed Employee Structure
The Group received the "2026 TOPEmployer" Award from 51job
Key Performance491 new employees (including those from newly consolidated subsidiaries), 84 new female employees
8182
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
The Group is committed to promoting work-life balance and the physical and mental well-being of its employees. It hasestablished several clubs, including badminton, basketball, LOHUO running, and table tennis clubs, and organizes variousinterest-based activities to enrich employees' after-work life.
The Group signs labor contracts with all regularemployees in accordance with the law andensures the full and timely payment ofcompensation, effectively safeguarding thelegitimate rights and interests of its entireworkforce. Additionally, the Group has estab-lished dedicated procedures for handling labordisputes. These mechanisms ensure thatemployee concerns are fully understood andthat the employer-employee relationship canbe promptly mediated when disputes arise,thereby maintaining a harmonious and stableemployment relationship.
The Group has established and continuously improves its democratic governance system, centered on the StaffRepresentative Committee, to seamlessly integrate democratic supervision with management. It has implemented anemployee satisfaction framework and developed diverse communication channels to understand employee needs andrespond with timely, targeted solutions. The Group fully respects employees' rights to information, participation, expression,and supervision—fostering a strong sense of belonging and well-being that drives mutual growth for both employees and theGroup.
The Group has established a comprehensiveremuneration and bene?ts framework, anchoredby policies including the Remuneration Manage-ment System and Bene?ts Management System.Centered on optimizing a scienti?c and rationalcompensation structure and supported bydiverse bene?t offerings, this frameworkprovides multi-faceted protection for employees.The Group conducts performance assessments on a quarterly basis, evaluating frontline employees, sales personnel, andnon-sales personnel through differentiated assessment criteria. Assessment results serve as a key reference for employeedevelopment. The Group values communication between employees and their supervisors, which is integrated throughout theentire performance assessment process. Employees who have objections to their assessment ratings and results may submita written appeal to their skip-level supervisor or the HR Department.
Employee Satisfaction Surveys
Monthly satisfaction surveys are conductedto actively gather employee feedback, withthe Group ensuring every concern isaddressed through timely communication.
Daily Communication
The Human Resources and InformationManagement Department maintains regularcommunication with employees, listening totheir concerns and helping resolve work-relat-ed issues.
Management Trainee Forums
Regular forums are held with managementtrainees for in-depth discussions on careerdevelopment, work-related challenges anddaily living needs——creating a supportiveenvironment that empowers young talent anddrives high-quality growth.
Five social insurances & one
housing fundBasic EndowmentInsurance, Basic MedicalInsurance, UnemploymentInsurance, MaternityInsurance, Work-RelatedInjury Insurance, HousingProvident Fund
Types of Leave
Annual Leave, PersonalLeave, Sick Leave,Marriage Leave, PrenatalLeave, Maternity Leave,Breastfeeding Leave,Bereavement Leave,Work-related Injury Leave,Compensatory Leave
Welfare Allowances &
Bene?tsAnnual Health Check-up,Festival Gifts & Allowances,Free Meals, Free ShuttleBus, High TemperatureAllowance, Sickness &Injury Subsidy,Occupational HealthCheck-up, FinancialHardship Assistance, TradeUnion Bene?ts
Other Bene?ts
Team-building Activities,Home-return Shuttle Bus,Birthday Celebrations,Maternity Congratulations
Year-end Bonuses & Beni?ts Allowances
RemunerationComposition
Base Salary (including Performance-Related Pay)
Variable Pay (including Piece-rate Wages, Overtime Pay,
Subsidies, Assessment Bonuses)
Employee Rights ProtectionEmployee Remuneration and Bene?ts
Key Performance
Democratic Governance for the Workforce
Employee Bene?ts System
Employee Wellbeing Activities
The Group did not encounter any violations such as theuse of child labor, forced labor, or discrimination.Labor contract signing rate100 %Full and timely payment rate of labor compensation 100 %Coverage of ?ve social insurances and one housing fund100 %
8384
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
On May 10, 2025, the Group hosted a Fun Sports Day for employees under the theme "Fun as Fuel, Win-Win throughCollaboration," attracting the enthusiastic participation of hundreds of staff members. The event not only provided a platformfor employees to showcase their athletic talents but also fostered team collaboration and communication, enhancingemployee cohesion and sense of belonging—infusing the corporate culture with energy and enthusiasm.
In line with its people-?rst philosophy, the Group hosted a "Mid-Autumn & National Day Celebration" on the afternoon ofSeptember 26, 2025, to foster a stronger sense of belonging and identity among employees. The event thoughtfullyincorporated traditional elements such as the full moon and festive lanterns, creating a warm and joyful atmosphere for thedual celebrations while offering employees an immersive experience of traditional Chinese culture. The activity enrichedemployees' spiritual and cultural life, strengthened team cohesion, and embedded humanistic care into the fabric of corporateculture—reinforcing employees' sense of belonging and well-being.
In terms of support for female employees, the Group has set up on-site nursing rooms and put in place a comprehensivesystem of paid maternity leave and breastfeeding leave, and it prohibits gender discrimination in daily work, performanceassessments and other related processes, committing to creating a warm, equal and opportunity-rich developmentenvironment for female employees.
The Group has always placed talent development at the core of its strategy and attached great importance to employees'career advancement and personal growth. It has established a systematic talent cultivation framework covering the fullemployee lifecycle and across all dimensions, empowering employees to grow in sync with the Company and achieve mutualsuccess.
The Group has established policies—including the Remuneration Management System, Measures for Professional Title andVocational Skill Evaluation, and Measures for Academic Education Improvement—to standardize job rankings and promotionmechanisms, support professional title evaluation and academic advancement, and provide clear growth pathways foremployees. In 2025, six employees received senior professional titles, seven intermediate titles, two assistant engineer titles,and ?ve Certi?ed Safety Engineer certi?cations. Nine employees were supported in academic pursuits. As of period-end, 321employees had obtained Senior Worker, Technician, or Senior Technician quali?cations.
Career Development and Promotion Pathways
Employee Training and Development
Professional
Sequence
Assistant EngineerEngineerSenior EngineerExperienced EngineerOperational
Sequence
Level 2 OperatorLevel 1 OperatorLevel 3 Operator
Management
Sequence
SpecialistSupervisor
AssistantDirectorAssistantManager
ManagerDirector
SeniorExecutive
Fun Sports DayCase
"Mid-Autumn & National Day Celebration" EventCase
Employee Development
8586
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
With building a learning organization as its core goal, the Group has formulated training systems including the MentorshipManagement Regulations and Management Trainee Development Measures, continuously enriching resources to support toptalent. It offers differentiated, customized and systematic training programs for different employee groups: the ManagementTrainee Program for campus recruits with one-on-one mentorship and regular tracking, and management empowermentprograms like the Golden Eagle Leadership Development Program and Deputy Leadership Development Program for cadres atvarious levels.
Key PerformanceDuring the reporting period, the Group organized a total of 236 of?ine core training sessionsand multiple online learning programsTraining Investment: 0.92 millionThe coverage rate of new employee training:100 %The number of internal instructors: 53
In April 2025, the 2nd Sales T-Plan training courses of theGroup were successfully completed. Targeting outstandingsales employees, this training aimed to reserve a "talentreserve echelon" for the Group's future development. Thetraining program included a total of 17 courses, covering threecategories: general management courses, professionalcapabilities and general skills. It adopted various teachingmethods such as of?ine and online courses, post-class examsand graduation reports, with the satisfaction rate of eachcourse reaching over 95%.
During the reporting period, the Group launched the GoldenEagle Leadership Development Program, focusing speci?callyon improving the management capabilities of middle-levelcadres. With the core keynote of "Enhancing LeadershipAwareness, Strengthening Management Skills and PromotingTeam Integration", the program adopted a teaching modelcombining internal and external instructors, covering key areassuch as product knowledge and management methodologies.It targeted to solve the actual management challenges facedby cadres in performing their duties and fully empowered thegrowth of middle-level cadres.
Training System: Fostering a Learning OrganizationTypeThematic SeriesClassic ProgramsLeadershipTraining
BusinessTraining
GeneralTraining
Operation
Carriers
Tailored Professional Training by Function
Golden EagleLeadershipDevelopmentProgramProduction T-PlanTalent DevelopmentProgramSafety ThematicQuality Thematic
PowerPoint Skills
BusinessEtiquetteTraining
Manufacturing
ThematicLogistics Thematic
Sales T-PlanTraining Program
SuccessionPipeline Program
General, Cultural, and Philosophy Training for All Employees
Of?ce SkillsLanguage Pro?ciencyProfessional CompetenceCorporate Culture
ManufacturingSalesSafetyQualityR&DLogisticsFinanceITHR···
Reserve
Newly-promoted
In-serviceGrassroots CadresSenior-level CadresMiddle-level Cadres
New HireTraining
New Employee Onboarding Training
Management Trainee Program
Job Training for New Hires by Department
Campus RecruitsJob RotationClosed-doorTraining Camp
Mentorship ProgramCorporate Culture
Experienced Recruits
Policies andRegulationsRequired Knowledge
and Skills
Job-speci?c Skills
Training Instructor
Team
Training Course
System
Training Learning
Platform
Training Effect
Evaluation
Employee Training
The 2nd Sales T-Plan Training ProgramCase
Golden Eagle Leadership Development ProgramCase
8788
Reserve
Newly-promoted
In-serviceReserve
Newly-promoted
In-service
Learning ProgressTracking
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
Governance
Strategy
The Group consistently implements the safety management principle of "SafetyFirst, Prevention Focused, Comprehensive Management," emphasizes afull-participation workplace safety accountability system, and has established acomprehensive occupational health and safety management framework committedto providing employees with a safe and healthy work environment.As of the end of the reporting period, the Group and 5 holding subsidiaries hadobtained ISO 45001:2018 certi?cation for Occupational Health and SafetyManagement Systems.
The Group continuously improves policies including the Occupational Health Management System, Safety Education andTraining Management System, Full-participation Work Safety Accountability System, and Risk Management System toestablish clear requirements for work safety and occupational health. A Safety Production Committee, chaired by the GeneralManager with the relevant Deputy General Manager as Vice Chair, holds regular safety meetings and de?nes departmentalresponsibilities in accordance with the accountability system, ensuring primary safety accountabilities are implemented atevery level. The Group also conducts regular safety audits and targeted inspections to ensure effective control measures, andutilizes a digital intelligent management platform for comprehensive oversight of hazard sources, risk control, safety culture,training, and incident management—continuously optimizing its management systems.
The Group attaches great importance to the occupational health and safety of its employees. It regularly conducts workplacesafety inspections, occupational hazard factor testing, and health risk identi?cation and assessment, implements safetyeducation and training, organizes regular occupational health examinations, and comprehensively safeguards theoccupational health and safety of its employees.
Safety Production CommitteeOf?ce of the Safety Production Committee
Bulk Retail Business Center
Electronic Bulk & Special GasesBusiness Center
On-site Gas Generation & CleanEnergy Business CenterHeadquarters Operation Center
Site Operation Center
Engineering Management CenterR&D and Technology CenterDesign and Technology Center
Procurement CenterFinancial Management Center
Audit DepartmentHuman Resources & InformationManagement Department
General Manager's Of?ce
Legal DepartmentSecurities Department
SubsidiariesQHSE
Legal Risk
If the Group fails to strictly complywith the relevant laws, regulationsand industry norms on safetyproduction, it may face risks such aslegal litigation and administrativepenalties, resulting in consequencesincluding ?nes, orders to suspendproduction for recti?cation, andthereby exerting a material adverseimpact on the Group’s production andbusiness operations.
Dynamically track the latest laws,regulations and standard requirementsin the ?eld of work safety andoccupational health, continuouslyiterate and improve the work safetyand occupational health managementsystem, and fully implement varioussafety assurance measures.
Risk/Opportunity
Type
Risk/Opportunity Description
Financial
Impact
TimeHorizon
Value Chain
SegmentsAffected
Mitigation Measures
Cost Increase
Medium-term（3-5Years）
Production &
Operation
Operational
Risk
If an occupational health or safetyproduction incident occurs duringthe Group’s production andoperation processes, it may impairthe Group’s normal operationalef?ciency and even lead tobusiness disruption.
Strictly standardize the risk assessmentprocess for work safety incidents, fullyidentify potential safety hazards in all links,continuously deepen the investigation andrecti?cation of safety risks and thedevelopment of emergency managementcapabilities, effectively prevent andmitigate various safety risks, and ensurethe stable operation of production andbusiness activities.Cost Increase
Short-term（1-3Years）
Operation
Occupational Health and Safety
IS0 45001 Occupational Health and SafetyManagement System Certi?cation
Safety Production Committee Structure
8990
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
Strategic Investment Department
Management of Impacts, Risks and Opportunities
Upholding the principle of "Safety First", the Group has established a comprehensive emergency management system. Corepolicies, including the Emergency Management System and the Work Safety Accident Management System, are developedand continuously updated to systematically govern the entire emergency process—covering prevention, initial response,on-site handling, and post-incident management. This framework ensures rapid and precise responses to work safetyaccidents, effectively curbing incident escalation and safeguarding employee safety and corporate assets.
The Group has implemented a long-term mechanism for safetyproduction accident prevention. Guided by the SafetyInspection and Hazard Investigation and Treatment Systemand an annual inspection plan, all departments conductroutine hazard identi?cation and recti?cation. The QHSEDepartment oversees implementation and monitors correctiveactions, systematically eliminating potential hazards tominimize and prevent accidents.
The Group has established a sound long-term risk control mechanism, formulated and dynamically revised the RiskManagement System, governing the entire risk process such as identi?cation, assessment, classi?cation, control, and reporting.The Group systematically conducts safety risk identi?cation and evaluation once a year, classifying safety risk levels into fourgrades from high to low: "Major, Signi?cant, General and Low ". It implements precise prevention and control, decomposes andassigns risks level by level to each post, and promotes full-staff participation and full-domain coverage in safety management.
Key Performance
MarketOpportunity
Brand Risk
If safety incidents or occupationaldisease issues occur due toinadequate work safetymanagement of the Group, theresulting negative public opinionmay erode market and customertrust in the Group and undermine itsbrand image.Developing a sound occupationalhealth and safety managementsystem, implementing thegovernance principle of safety ?rst,and building a responsible brandimage will help enhance the Group’sattractiveness to customers.
Continuously improve the safetyproduction management system andpost operating procedures to ensurethe rigid implementation of all safetynorms throughout the entire productionprocess; and comprehensively enhanceemployees' awareness of safetycompliance and standardized operationcapabilities through regular safetytraining and special skills education,thus fortifying the defense line of brandvalue with the goal of zero accidents.Deepen the management ofoccupational health and safety,continuously improve the full-processhealth protection and safety trainingsystem for employees, and capturenew market opportunities with aperformance of zero workplace injuriesand high compliance.
Revenue Decline
Revenue Growth
Long-term（more than
5 years）
Long-term（more than
5 years）
Operations &Downstream
Operations &Downstream
11,090 safety hazards were inspected and identi?ed, with a recti?cation rate of 99.60 %
The Group has established clear occupational health and safety management objectives. Multiple safety accountabilityindicators—including the number of major accidents, minor work safety injuries, and the occupational health examinationrate—are incorporated into performance appraisals to ensure the achievement of annual occupational health and safetygoals.
Targets and Performance
In August 2025, the Group conducted a combat-readyemergency drill focused on con?ned space operations,a high-risk area in work safety. By simulating real-lifescenarios and executing full-scale responseprocedures, the drill tested the feasibility of theemergency plans and enhanced both risk preventioncapabilities and collaborative response coordinationamong personnel.
Risk and Impact Identi?cation
Emergency Preparedness and Drills
Safety Hazard Investigation
Con?ned Space Emergency DrillCase
9192
Risk/Opportunity
Type
Risk/Opportunity Description
FinancialImpact
TimeHorizon
Value ChainSegmentsAffected
Mitigation Measures
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
Response Measures
Key Performance
2025 Occupational Health and Safety TargetPerformance StatusAchievedAchievedAchievedAchievedAchievedAchievedAchievedAchievedAchieved
Zero serious injury or fatal injury accidentsZero ?re and explosion accidentsZero occupational disease injury accidentsProduction safety minor injury accidents≤ 6 cases
Work-related injury incidents ≤ 10 cases100% on-time reporting, investigation, recti?cation and warning rate of accidents
100% occupational health check-up rate100% abnormal disposal rate100% quali?cation rate of the operation of occupational health and safety
standardization system elements
Xi'an Weiguang Subsidiary Awarded the Advanced Unit in Municipal Three-Year Work Safety FundamentalImprovement ActionCase
Safety Culture Education
Indicator2025unit
30.70
1.90
0.63
26,862
Safety Production Investment Amountmillionmillion
million
Person-times
%
%
Employee Work-Related Injury Insurance Investment AmountEmployee Work-Related Injury Insurance Coverage RateEmployee Work Safety Liability Insurance Investment AmountEmployee Work Safety Liability Insurance Coverage RateOccupational Health and SafetyTraining Participation
9394
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
Key Performance
During the reporting period, the Group conducted occupational health examinations for employees in specialoperation positions, achieving 100% coverage of occupational health checks.
The Group has strengthened safety management for related parties by establishing the Contractor and Supplier SafetyManagement System. This system standardizes safety management procedures for external contractors and suppliers,covering aspects such as pre-quali?cation, selection process, pre-work preparations, operational supervision, and performanceevaluation for contract renewal.
The Group places high importance on employee physical and mental well-being. Relevant policies, including the OccupationalHealth Management System and the Labor Protection Equipment Management System, have been formulated to standardizeoccupational health management for employees and comprehensively improve occupational health management standards.
The Group conducts an annual identi?cation of occupational hazard factors across the company, compiling theStatistical Table of Occupational Hazard Identi?cation and Management, and submits annual reports or updates onoccupational hazards.
During the 24th National "Safety Production Month", theGroup organized various safety promotion activitiescentered around the theme "Everyone Learns Safety,Everyone Knows Emergency Response — Identify SafetyHazards Around You". Activities included safety skillscompetitions, work safety knowledge contests, andbanner campaigns, all designed to enhance employees'safety awareness and emergency response capabilities,thereby strengthening workplace safety.
Occupational Hazard Identi?cation & Reporting
When signing labor contracts and conducting pre-job training for new employees, the Group truthfully informs them ofpotential occupational disease hazards, their consequences and bene?ts of protective measures；Warning signs and instructions are posted at work posts and sites with occupational hazards；Nutrition allowances are provided to special operation personnel.
The Group provides professional training for occupational health management personnel, popularizes occupationalhealth knowledge and urges employees to comply with relevant laws and regulations on occupational diseaseprevention.
Hazard Warnings & Noti?cation
Occupational Health Training
Providing personal protective equipment and conducting regular inspection and management of occupationaldisease protection facilities；Conducting regular occupational health check-ups;Annual third-party entrusted detection of occupational disease hazard factors;Establishing an emergency rescue plan for occupational disease hazards
Safety and Health Protection
Speci?c Management Measures
Safety Management of Related Parties
Employee Health Protection
"Safety Production Month" CampaignCase
9596
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
The Group steadfastly ful?lls its duties as acorporate citizen, remaining dedicated to givingback to society and enhancing public wellbeing.Through active participation in public welfareinitiatives and social responsibility practices, itstrives to leverage high-quality developmentoutcomes to bene?t the community, demonstratingits enduring commitment to social responsibility.
Key PerformanceCharitable donations: 0.60 million
The Group is deeply committed to supportingyouth development, with a long-standingdedication to educational initiatives andadolescent welfare as part of its corporatesocial responsibility efforts. During the reportingperiod, the Group actively participated in the"Dream Scholarship" donation program,providing targeted assistance to empoweryoung people and contributing tangibly to thegrowth of the next generation.
The Group has actively responded to the national call for the rural revitalization strategy and maintained a consistent focuson rural revitalization initiatives. While advancing the development of its core business, it leverages its own resourceadvantages to participate in and support the development of livelihood security in a pragmatic manner. It provides targetedassistance services to vulnerable groups in rural areas, earnestly ful?lling its corporate social responsibility.
For many consecutive years, the Group hasorganized employees to participate in voluntaryblood donation activities in Huangdai Town, withhundreds of person-times taking part in total. Itconveys warmth through blood donation,contributes to sustaining lives, and earnestly ful?llsthe social responsibilities of a corporate citizen inpracticing and promoting the humanitarian spirit.
Subsidiary Jiaxing Yaoyi Gas Co., Ltd., actively ful?lls its corporate social responsibility by consistently participating in thepaired assistance program between Yuanhua Town and Kalong Town, providing concrete support to families in need.
Subsidiary Suzhou Su-Tong LPG Co., Ltd., addressed the livingneeds and safety concerns of rural families in poverty and thosewith children left behind. It organized professional teams to conductdoor-to-door gas safety inspections, thoroughly examining gasfacility conditions and educating residents on safe usage practices.Simultaneously, it provided free gas component replacements andbasic gas supply assistance to families in need, delivering precisesolutions to the most pressing challenges faced by vulnerablegroups.
Social ContributionRural Revitalization
"Dream Scholarship" DonationCase
Targeted Assistance for Families in NeedCase
Supporting Vulnerable Groups through Gas Safety InitiativesCaseBlood Donation DriveCase
9798
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Corporate GovernanceIndustrial ValueEnvironmental ProtectionSocial Well-being
99100
The growth of enterprises and the undertaking of social responsibilityare interrelated, they mutually in?uence each other and collaborativelypromote the development of businesses. To achieve healthy andsustainable development, enterprises focus should extend beyond theirown operations and pro?ts, but also actively ful?ll their socialresponsibilities. Corporate social responsibility can not only enhancebrand image and reputation, but also create broader developmentspace and opportunities for enterprises.Jinhong views environmental, social, and corporate governance asintegral components of fundamental operations, alongside research anddevelopment, production, and sales. This approach not only serves as acornerstone for Jinhong's sustainable and long-term development, butalso represents a crucial means for enterprises to ful?ll their socialresponsibilities. In our daily operations, we prioritize balancing theinterests of all parties, with a particular focus on environmentalprotection, social responsibility, and corporate governance matters. Weare committed to actively ful?lling the needs of all stakeholders,safeguarding their rights and interests.As a preeminent Group in the domestic industrial gas industry, we fullygrasp the signi?cance of corporate social responsibility and seamlesslyintegrate it into our long-term development strategy. We examine theintricate nexus between social responsibility and the enduring prosperityof enterprises through the prism of societal, environmental, andeconomic harmony. Our endeavor is to transform social responsibilityinto a catalyst for enterprise growth and enduring bene?ts. We aim toachieve a harmonious blend of economic pro?tability and societalwelfare, thereby contributing to the sustainable development of societyas a whole.
Look Forward to the Future
Corresponding SectionGRI Standards
/2-1/2-2/2-3//
///2-1/2-6Article 51/Article 522-9/2-14/2-22Article 112-9/2-14/2-22Article 9/Article 532-16/2-29/3-1-3-3Article 53-1/3-2/3-3//Article 42203-2Article 44/Article 47416-1/416-2Article 44-Article 46
2-6/204-1/308-1/308-
2/414-1/414-2Article 44/Article 48418-1Article 12/Article 51
2-9-2-13/2-16-2-20/2-
23/2-24/2-27/405-1
About this ReportMessage from the Chairman2025 Sustainable Development HighlightsAbout Jinhong Gas
SustainabilityManagement
Sustainable Development GovernanceActively Responding to theUnited Nations SDGsStakeholder CommunicationMaterial Topic ManagementTopic: United for Five Years, Gather Strengthto Ful?ll Responsibilities, and Jointly Embarkon a New Journey of Green Development
Industrial Value
Innovation-DrivenProduct and Service Safety andQualitySupply Chain Security
Corporate Governance
Standardized GovernanceBusiness EthicsArticle 54-Article 56
2-16/2-24/2-26/205-2/
205-3/206-1
Environmental
Protection
Climate Change ResponseArticle 20-Article 28
305-1/305-2/305-4/305-5Environmental Compliance ManagementArticle 29/Article 332-12/2-17Pollutant EmissionsArticle 29/Article 30305-7Waste DisposalArticle 29/Article 31
306-1/306-2/306-3/306-4/306-5
Social Well-being
Energy UtilizationArticle 34/Article 35
302-1/302-3/302-4/302-5Water Resource UtilizationArticle 34/Article 36
303-1/303-3/303-4/303-5Circular EconomyArticle 34/Article 37302-4Employment, Development and Rightsof Employees
Article 49/Article 50
401-1/401-2/401-3/404-1/404-2/404-3/405-1/408-1
Occupational Health and SafetyArticle 49/Article 50
403-1/403-2/403-3/403-4/403-5/403-6/403-7/403-8/403-9/403-10Social ContributionArticle 38/Article 40203-1/413-2Rural RevitalizationArticle 12/Article 51203-1/413-2
Appendix Ⅰ: Reporting Index
101102
Self-Regulatory Guidelines forListed Companies No. 14 –Sustainability Report (for TrialImplementation)
Corresponding SectionGRI StandardsSelf-Regulatory Guidelines forListed Companies No. 14 –Sustainability Report (for TrialImplementation)
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Appendix Ⅰ: Reporting Index
Data Security and Customer PrivacyProtection
Appendix II: Performance Table
DimensionalityIndicatorsUnit2025
EconomicPerformance
RevenuemillionNet Income Attributable to Shareholders of Listed CompanymillionTotal AssetsmillionTotal Tax Payment (Excluding personal income tax)million
2,776.58
131.92
7,778.37
217.13
GovernancePerformance
Standardized GovernanceSupervisory Board MeetingsTime6Proposals Reviewed by the Supervisory BoardItem
Shareholders' MeetingsTime3Resolutions Approved by Shareholders' MeetingItem
Board meetingsTime
Proposals Reviewed by the Board of DirectorsItem
Attendance Rate of Board Members%
Specialized Committee MeetingsTime
Proposals Reviewed by Special CommitteesItem
Audit Committee MeetingsTime5Proposals Reviewed by the Audit CommitteeItem
Strategy and ESG Committee MeetingsTime
Proposals Reviewed by the Strategy and ESG CommitteeItem
Nomination Committee MeetingsTime3Proposals Reviewed by the Nomination CommitteeItem3Remuneration and Evaluation Committee MeetingsTime
Proposals Reviewed by the Remuneration and Evaluation CommitteeItem
Special Meetings of Independent DirectorsTimeProposals Reviewed by the Special Meetings of Independent DirectorsItem
Board Members
person
GovernancePerformance
Employee DirectorsIndependent DirectorsPerformance Brie?ngSSE e-Interaction ResponsesSSE e-Interaction Response RateNumber of Investor Communication SessionsNumber of Investor Communication ParticipantsNumber of Investor Calls AnsweredNumber of Periodic ReportsNumber of Current AnnouncementsTotal Dividend Amount since ListingCash Dividend Per Share (Tax Included)Total Amount of Cash Dividends Disbursed (Tax Included)Percentage of Net Income Attributable to Shareholders ofListed Company in Consolidated StatementTotal Repurchased Shares since ListingPercentage of Total Share CapitalTotal Repurchase AmountCompliance-related Training ConductedNumber of Compliance Training ParticipantsRoutine AuditsOther InvestigationsRecti?cation Completion Rate
Business Ethics
Litigation or Major Administrative Penalty Cases InvolvingCommercial Bribery and Corruption
personperson
Person-times%TimeTime
TimeTimePiecePiecemillionYuanmillion
%thousand shares
%millionTimePerson-times
ItemItem
%
Piece
1,122
119.29
0.25
90.42
1,051
2.18
person
Female Directors
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Appendix II: Performance Table
DimensionalityIndicatorsUnit2025
103104
EnvironmentalPerformance
Environmental
Performance
Litigation or Major Administrative Penalty Cases Resultingfrom Unfair Competition Practices
PieceDimensionalityIndicatorsUnit2025
105106
GHG (Scope 1) EmissionsGHG (Scope 2) EmissionsGHG Emissions (Scope 1 & Scope 2)GHG Emissions Directly Reduced by Emission ReductionMeasures
tCO
e
tCO
e
tCO
e
tCO
e
Environmental Compliance ManagementCompliance of wastewater, air, dust and noise emissionsCompliant disposal of solid wastesChemical spills incident
Pollutant Emission
Total Waste Gas EmissionsPM Emissions SO
Emissions NO
EmissionsTotal Wastewater Discharge
Waste Disppoal
Total Waste GenerationTotal General Industrial Waste GenerationTotal Hazardous Waste GenerationGeneral Industrial Waste Generation IntensityHazardous Waste Generation IntensityGeneral Industrial Waste Compliant Disposal RateHazardous Waste Compliant Disposal Rate
14,652.44305,361.83320,014.27
4,834.46
30,689.00
965.30
24.00
9,940.00
93,651.33
92.43
51.45
40.98
0.019
0.015
Energy Utilization
%%Time10? m?
kg kg kgtonnetonnetonnetonnet/milliont/million
%%
4,594.40574,842,000.40DieselPurchased ElectricityPurchased Heat3,187.89Direct Energy Consumption6,910.50Indirect Energy Consumption70,756.79Comprehensive Energy Consumption IntensityClean Energy Consumption
Water Resource Utilization
Total Water ConsumptionWater Intensity
Renewable Resources ConsumptionRenewable Resources Consumption Ratio
85.10
Innovation-Driven
R&D personnelR&D Personnel RatioR&D investmentYear-on-Year Growth in R&D InvestmenR&D investment as a percentage of revenue
27.97692,448.00
3,524,500.82
1,269.37
0.11
12.35
103.14
2.34 3.71Number of Invention Patents Applied in Main Business
New Patent Applications
New Application for Invention Patent
New Patents Granted
New Invention Patents Granted
Climate Change Response
Of Which: By Energy TypeComprehensive Energy Consum77,667.29
3.65
Natural Gas
tonnekWhGJtcetcetce/million
kWh
tonnet/million
tce
person
%million
%
%
%
ItemItemItemItemItem
tce10? m?tonne
119.52
Gasoline
x
x
DimensionalityIndicatorsUnit2025
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Appendix II: Performance Table
IndustrialPerformance
Total Patents Granted
Total Invention Patents Granted
Product and Service Safety and Quality
Product Delivery Quali?cation Rate
99.997
DimensionalityIndicatorsUnit2025DimensionalityIndicatorsUnit2025
Full and Timely Payment Rate of Labor CompensationCoverage of Five Social Insurances and One Housing Fund
100Annual External Sampling Quali?cation Rate of Products (Food)Food Safety IncidentsInternal Quality AuditAnnual Customer SatisfactionCustomer Complaint Handling Rate Product Recall Incidents
Supply Chain Security
Quali?ed Supplier Integrity Commitment Signing RateOverdue Unpaid Amounts at End of Reporting PeriodOverdue Unpaid Amounts to SMEs at End of Reporting Period
Data Security and Customer Privacy Protection
Information Security, Data Breach and Privacy Incidents
Employment, Development and Rights of Employees
New Employees (including those from newly consolidatedsubsidiaries)New Female Employees (Including Newly Merged Subsidiaries)
98.76
ItemItem%%ItemTime
% %
%million
Time
million
Item
personpersonTotal EmployeesOf Which: Classi?ed by Gender
Female employeesMale employeesOf Which: Classi?ed by Age
≤30
2,914
2,300
30-50（including 50）1,865
personpersonpersonpersonperson
person≥51
Percentage of Female Management
18.44
Ethnic Minority EmployeesChild Labor, Forced Labor and Discrimination Violations
% %
%
person
Time
%Labor Contract Signing Rate
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Appendix II: Performance Table
IndustrialPerformance
Social Performance
Training Sessions Training InvestmentNew Employee Training Coverage Rate
Internal Instructors
Occupational Health and Safety
Safety Hazard InvestigationSafety Hazard Recti?cation Rate
99.60
Serious Injury and Above AccidentsFire and Explosion Accidents
Occupational Disease CasesAccident Timely Reporting, Investigation, Recti?cation andWarning RatesOccupational Health Examination RateAbnormal Disposal Rate
Quali?ed Rate of Operation of Safety Production StandardizationSystem ElementsSafety Production Investment AmountEmployee Work-Related Injury Insurance Investment Amount
1.90
Employee Work-Related Injury Insurance Coverage Rate
0.92
11,090
30.70
Time
personmillion
ItemTimeTime
%
%
%Time
%
million
%
%million
%
Social Performance
107108
Person-timesOccupational Health and Safety Training Participation26,862
DimensionalityIndicatorsUnit2025
109110
Employee Work Safety Liability Insurance Investment AmountEmployee Work Safety Liability Insurance Coverage Rate%
million 0.63Social ContributionCharitable Donationsmillion 0.56
Jinhong Gas Co., Ltd. | 2025 Environmental, Social and Governance Report
Feedback Form
Social Performance
Feedback FormThank you for taking the time to read Jinhong Gas CO.,LTD. 2025 Environmental, Social and Governance Report. We greatlyappreciate your feedback on our ESG efforts and this report. as it serves as a crucial foundation for us to continually enhancethe level of transparency in our ESG information disclosure. Your comments and suggestions are invaluable in promoting themanagement and practice of sustainable development within our enterprise. Kindly complete the form below and send us yourfeedback via email.
1. As far as Jinhong Gas is concerned, your identity is：
□ Regulatory agency □ Client □ Employee □ Public □ Supplier
□ Shareholders and Investors □ Trade association □ Media □ Other__________________
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□ Excellent □ Good □ Neutral □ Poor □ Bad
6. What do you think of the layout and presentation of this report?
□ Excellent □ Good □ Neutral □ Poor □ Bad
8. What are your comments and suggestions on our speci?c actions to ful?ll our social responsibility and sustainable
development, as well as this report?
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9. In addition to what has already been revealed in this report, what other information would you like to see?
____________________________________________________________________________________________________________________________________________________________
Mail : dongmi@jinhonggroup.com
□ Yes □ Neutral □ No
7. Can you easily ?nd the information you are interested in in the report?