GaoDian Technology Releases Its Inaugural ESG Report Forging a New Vision for Sustainable Development in the Power Transmission and Transformation Equipment Industry with Responsibility and Innovation

In September 2025, GaoDian Technology Co., Ltd., a seasoned enterprise with over three decades of dedication to the core equipment sector for power transmission and transformation lines, officially released its 2024 Environmental, Social and Governance (ESG) Report. As the company's first ESG report, it was compiled with technical consultation and support from Zhonglang Century (Shandong) Certification Service Co., Ltd., a professional third-party institution. Strictly adhering to the Global Reporting Initiative (GRI) Standards, the United Nations Sustainable Development Goals (SDGs) and the ESG Reporting Guide of the Stock Exchange of Hong Kong, the report systematically discloses the company's practical achievements, key performance indicators and future plans in the three dimensions of environmental management, social responsibility and corporate governance in 2024. The release of this report marks that GaoDian Technology has deeply integrated the ESG concept into its corporate development strategy, emerging as a pivotal practitioner of sustainable development in the power transmission and transformation equipment manufacturing sector and setting a benchmark for the industry's green transformation and responsible development.

Committed to Low-Carbon Practices through Green Manufacturing, Steadfastly Advancing toward the Dual Carbon Goals

Honored as a "Green Factory of Lishui City", GaoDian Technology has always upheld the development philosophy of "green environmental protection, clean energy conservation, digitalization and intelligence", integrating low-carbon transformation into the entire production and operation process and actively responding to the national "carbon peaking and carbon neutrality" strategy. During the reporting period, the company established and improved the ISO14001 Environmental Management System. Through a series of initiatives including the introduction of low-temperature mixing technology, upgrading of energy-saving equipment, construction of distributed photovoltaic power generation systems, and improvement of waste gas and wastewater treatment facilities, it achieved a significant reduction in unit product energy consumption, with all environmental indicators surpassing national standards. Notably, the company recorded zero environmental incidents throughout 2024.

In the construction of a green supply chain, the company extended the concept of sustainable development to the upstream and downstream of the industrial chain, building a full-chain green supply chain system. It established a stringent supplier screening and audit mechanism, incorporating green low-carbon performance and environmental compliance into core evaluation indicators. The company selected core suppliers accounting for the top 80% of transaction volume for special audits in accordance with the Responsible Business Alliance (RBA) principles, requiring them to formulate targeted improvement plans and track their implementation. It promoted collaborative carbon reduction among upstream and downstream enterprises, advocated the application of environmentally friendly materials and processes, and realized a win-win situation for the overall environmental and economic benefits of the industrial chain by enhancing supply chain transparency and practicing the circular economy concept.

Fulfilling Social Responsibility with Diversified Commitments, Building a Value Ecosystem Based on People-Oriented Principles

GaoDian Technology has always embraced a people-oriented development core, integrating employee well-being, social services and community development into its corporate responsibility practices, and building a diversified and symbiotic value ecosystem for employees, society and communities. In terms of employee care, the company has a total of 92 employees and has created a diverse and inclusive employment environment with no employment barriers based on gender, ethnicity, religious beliefs or other differences. It fully pays social insurance and housing provident fund for employees, and provides supplementary benefits such as festival allowances for the Mid-Autumn Festival and Spring Festival, birthday gifts, high temperature subsidies and lunch subsidies in addition to statutory welfare benefits.

In social services and community co-construction, the company earnestly fulfills its responsibility as a "corporate citizen". It is deeply engaged in the cause of power emergency guarantee and supply, responding rapidly to extreme disasters such as rainstorms and blizzards to ensure the safe and stable operation of the regional power system. It has continuously participated in social poverty alleviation and public welfare charity activities, delivering condolences and materials to poor residents during festivals to help improve people's livelihood. Integrating into the development of local communities, it promotes the implementation of public welfare initiatives such as environmental protection and energy conservation publicity, and advances the sustainable development of communities through resource sharing and skills training, allowing the fruits of enterprise development to benefit more groups.

Consolidating the Foundation for Development through Standardized Governance, Demonstrating Corporate Credibility via Compliant Operations

Compliant operation is the cornerstone of sustainable corporate development. GaoDian Technology has established a top-down ESG management structure with clear rights and responsibilities, where the general manager oversees the sustainable development strategy and decision-making, and the management of various departments forms the executive level to ensure the efficient and tiered implementation of ESG work. The company strictly abides by the Company Law, Environmental Protection Law, Work Safety Law and other relevant laws and regulations, and has formulated dozens of management systems including the Material Procurement Control Procedure and Compliance Evaluation Control Procedure, covering the entire business process from procurement, production and sales to after-sales service. It has obtained three authoritative certifications: the ISO9001 Quality Management System, ISO14001 Environmental Management System and Occupational Health and Safety Management System, building a scientific and standardized modern corporate governance system.

In terms of risk control and integrity construction, the company incorporated risks in finance, environment, safety, law and other fields into a comprehensive risk management system, and regularly conducts hidden danger investigations and compliance audits. Upholding the philosophy of "adhering to green and sustainable operation and building a healthy market environment", it carries out integrity training every six months through a combination of online and offline methods, and disseminates integrity culture through multiple channels to build a solid anti-corruption defense line and ensure the clean and efficient operation of the enterprise. The company has established a normalized communication mechanism with stakeholders, timely responding to the needs of the government, shareholders, customers, employees and other parties, ensuring open and transparent information disclosure and demonstrating the credibility of corporate governance.

Striving for Continuous Progress toward the Future, Leading a New Journey of High-Quality Development with ESG

The release of this inaugural ESG report is not only a systematic summary of GaoDian Technology's past sustainable development practices, but also a solemn commitment to its future development. GaoDian Technology clearly states in the report that it will take the corporate mission of "Empowering the power industry with technology, lighting up the future with responsibility" and continuously deepen the integration of the ESG concept with production, operation and strategic planning. Going forward, the company will continue to focus on green manufacturing, increase R&D investment in new energy supporting equipment, accelerate the construction of zero-carbon factories, and continuously optimize the carbon emission management system. It will deepen talent development, improve the employee development and security system, and build a more cohesive community of shared future. The company will strengthen industrial chain collaboration, promote the green and low-carbon upgrading of the supply chain, and co-build a sustainable development ecosystem with upstream and downstream enterprises. It will also continuously improve the corporate governance system, enhance the capabilities of compliant operation and risk control, and promote the coordinated improvement of environmental performance, social value and governance efficiency with higher standards and more pragmatic measures.