奥特维: 无锡奥特维科技股份有限公司2023年度ESG报告英文版

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                                                                       Chapter I
CONTENTS
                                                                       Independent R&D ·ATW
                                                                       Innovation
                                                                       InnovativeR&Dsystem                           14
                                                                       InnovativeR&Dinitiatives                      18
                                                                                                                          Chapter V
                                                                       Innovationachievements
Message from ATW                                                                                                          Contribution to Society • Constant
                                                                       Intelligent development and
                                                                                                                          Dedication
                                                                       digitalupgrade
Notes on the Report
                                                                                                                          Tax payment according to law
                              About ATW                                Chapter II                                                                                    59
                                                                       Solid Foundation • Characteris-                    Public interest activities and donations
  Reporting period
                              Overview                            03
                                                                       tic Governance                                     Community building and development
                                                                                                                          Volunteer activities
                              Strategy and culture                03   Organization                                  26                                              60
  Scope of report
                              Business layout and development 04       Operation of the three meetings               26
  Report release
                              History                             05   Protection of shareholders’ rights and
                                                                                                                          Chapter VI
                              Honors in 2023                      06   interests                                          Close Cooperation • Win-
                              Performance summary                 07   Internal control and risk management          30   win Outcomes
  Principles of preparation
                                                                       Anti-corruption and anti-bribery              31
                                                                       Party building                                32   Sustainable supply chain                   63
  Glossary
                                                                                                                          Support for industrial development         67
                              Responsible Management
                                                                       Chapter III
  Information sources
                                                                       Good Faith • Greater Prosperity
                              ESG working mechanism               08                                                      Chapter VII
                              Stakeholder communication           09   Employment equity and diversity               37   Green Development • Low-carbon
                              Identification of material topics   10   Protection of employee rights and interests   38
                                                                                                                          Practices
                                                                       Promoting employee development                40
                                                                                                                          Environmental management                   70
                                                                       Care for employee well-being                  43
Appendices                                                             Protection of employee health and privacy     44
                                                                                                                          Pollutant management                       71
                                                                                                                          Energy resource management                 72
                                                                                                                          Green operations                           73
                                                                       Chapter IV                                         Carbon emission management
                                                                       Priority to Safety • Focus on Quality
                                                                       Production safety management                  48
             股票代码
                                                                       Improving customer service                    53
                    股票代码   688516
                                            Message from ATW                                Notes on the Report                         About ATW                                      Responsible Management
AUTOWELL
MESSAGE FROM
                                    Amid the complicated and changing uncertainties in global economy, Autowell           have developed complete and standardized models for R&D, procurement,
                                    has maintained rapid development in 2023. The Company’s performance has               production, and sales. We are committed to protecting the rights and interests
                                    achieved substantial growth, evidenced by the signing of new orders worth over        of shareholders and creditors and fulfilling our obligations for information
                                    CNY 10 billion, year-on-year growth of over 70% in terms of operating income and      disclosure. We communicate with investors via multiple channels and promptly
                                    net profit, as well as the market share of over 60% for the Company’s core product,   disclose important information to investors and other stakeholders. We have
                                    ultra-high-speed MBB Cell Soldering Stringer. Meanwhile, we have carried out          improved operating efficiency through building information system, optimizing
                                    environmental, social and governance responsibilities and integrated the concept      management process, and refining production management. We attach great
                                    of sustainability into all aspects of the Company’s operations.                       importance to internal control and risk management, while further strengthening
                                                                                                                          information security, clean business practices, and IPR protection, so as to ensure
                                    Adhere to innovative development and
                                                                                                                          the Company’s stable operation and sustained development.
                                    promote green socio-economic development                                              Fulfill social responsibilities and achieve
                                    Since China’s “dual carbon goals” were proposed, the upgrading of PV power
                                                                                                                          win-win results for all parties
                                    generation technology has boosted the development of the PV industry. Autowell
                                    has since increased its investment in R&D to continuously improve key technical       The Company protects the rights and interests of customers and suppliers,
                                    capabilities and upgrade its product technologies. By the end of 2023, it had         delivering goods with guaranteed quality and quantity and making payments in
                                    obtained a total of 1,605 intellectual property rights. New products, such as high-   full and on time completely in line with the contract requirements. By the end of
                                    speed welding systems, various 0BB process equipment, XBC equipment, and              2023, the Company had 4,832 employees. The Company has consistently upheld
Year-on-year growth of              intelligent ultra-low-oxygen monocrystal growth furnace, have been launched in        the people-oriented principle, strictly abides by laws and regulations, adheres
operating income and                the market. The process optimization not only improved the performance of new         to legal and reasonable employment, resolutely protects the rights and interests
net profit exceeded                 products, but also reduced the energy consumption of the products.                    of employees, and promotes the common development of the Company and
                                    Low carbonization is a key link of high-quality development. Autowell has further     employees through the implementation of equity incentives. The Company has
                                                                                                                          established a complete production system and quality system to ensure product
                                    promoted green production and operations. The Company developed a green and
                                    low-carbon sustainability model by utilizing renewable energy, improving energy       quality and safety. The Company attaches great importance to shareholder
                                    efficiency, and advocating green offices. Training and other measures were adopted    returns. In 2023, apart from cash dividends, there were two share repurchases,
                                                                                                                          demonstrating the confidence in the Company’s development prospects.
N o. o f i n te l l e ct u a l      to improve employees’ awareness of sustainability and environmental protection,
property rights ob-                 thereby reducing carbon emissions in production and life.
tained by the end of
                                    Optimize the governance structure and
                                                                                                                            nological innovation, devote to the mission of “Building Smart
No. of employees                    The Company has set up relevant management and governance systems, strictly             Factory With New Technologies, Driving Global Intelligent Man-
                                    observes laws, regulations and industry requirements, sets up effective channels        ufacturing”, strive to advance intelligent manufacturing, and
                                    and other stakeholders, shares the corporate achievements and development
                                                                                                                            inject green momentum into the sustainable development of the
                                    plans, and gives play to the leading role of Party building, in a bid to ensure         Company and society.
                                    the Company’s stable operation and sustained development.Standardized
                                    operation lays the foundation of a company. We have established a sound internal
                                    management system. Pillared by internal systems and approval processes, we
                  股票代码   688516
                                                    Message from ATW                Notes on the Report                          About ATW                                 Responsible Management
     NOTES ON THE REPORT
     REPORTING PERIOD                                                                       GLOSSARY
     The Report covers a period from 1 Januar y 2 0 2 3 to 3 1 December 2 0 2 3 .                                                     ’sreader
                                                                                            Thefollowingglossaryoftermsisincludedforthe  convenience.
     However, certain statements may be beyond the aforesaid period to ensure
     thecomparabilityoftheReport.                                                                        Abbreviation                                             Full name
                                                                                             ATW, the Company, our company, we, the group               Wuxi Autowell Technology Co., Ltd.
                                                                                                                                                  Wuxi Autowell Intelligent Equipment Co., Ltd.,
     SCOPE OF REPORT
                                                                                                            ATW Intelligent
                                                                                                                                                      a holding subsidiary of the Company
                                                                                                                                                Wuxi Autowell Supply Chain Management Co., Ltd.,
                                                                                                          ATW Supply Chain
     ThisReportcentersonAutowell.Unlessotherwisespeci_ed,thescopeofthis                                                                            a wholly-owned subsidiary of the Company
                                                                                                                                                   Wuxi Autowell Optical Application Co., Ltd.,
                                             ’sannualreport.
     ReportisconsistentwiththescopeoftheCompany                                                              ATW Optica
                                                                                                                                                      a holding subsidiary of the Company
                                                                                                                                                     Wuxi Songci Electromechanical Co., Ltd.,
                                                                                                                SCEC
                                                                                                                                                      a holding subsidiary of the Company
     REPORT RELEASE
                                                                                                                                                      Wuxi Autowell Coshin Semiconductor
                                                                                                             ATW Coshin
                                                                                                                                             Technology Co., Ltd.,a holding subsidiary of the company
                                                                                                                                                    Wuxi Autowell XuRi Technology Co., Ltd.,
                                                                                                              ATW XuRi
     This Report is the first Environmental, Social and Governance (ESG) report                                                                        a holding subsidiary of the Company
                                                                                                                                                         Wuxi Leddo Technology Co., Ltd.,
                                                                                                          Leddo Technology
     releasedbyWuxiAutowellTechnologyCo.,Ltd.
                                                                                                                                                     a holding subsidiary of the Company
                                                                                                                                                   Wuxi Autowell Zhiyuan Equipment Co., Ltd.,
                                                                                                            Wuxi Zhiyuan
                                                                                                                                                      a holding subsidiary of the Company
     PRINCIPLES FOR PREPARATION                                                                               ATW Jiexin
                                                                                                                                                    Wuxi Autowell Jiexin Technology Co., Ltd.,
                                                                                                                                                       a holding subsidiary of the Company
                                                                                                                                                      Polar Photovoltaics (Bengbu) Co., Ltd. ,
                                                                                                               Polar PV
     This Report is prepared pursuant to the PRules Governing the Listing of
     Stocks on the STAR Market of the Shanghai Stock ExchangeQ, PGuidelines                                                                        a wholly-owned subsidiary of the Company
                                                                                                                                                       Wuxi Polar Photovoltaics Co., Ltd.,
                                                                                                              Wuxi Polar
                                                                                                                                                       a holding subsidiary of the Company
     No. ? of the STAR Market of Shanghai Stock Exchange for Self-regulation of
     Listed Companies             Standardized OperationQ, PGuidelines on Corporate
                                                                                            INFORMATION SOURCES
     Social Responsibility Reporting for Chinese Enterprises (CASS-CSR ?.–)Q- is
     sued by the Research Center for Corporate Social Responsibility of Chinese
                                                                            ’
     Academy of Social Sciences, GRI Standards (?–??), and the United Nations                                                                                ’s public
                                                                                            The qualitative and quantitative information in this Report is sourced from ATW
     SustainableDevelopmentGoals(SDGs).                                                     information,internaldocumentsandrelevantstatisticaldata.
       股票代码   688516
                       Message from ATW                               Notes on the Report                                 About ATW                         Responsible Management
                       OVERVIEW                                                                                            STRATEGY AND CULTURE
ABOUT AUTOWELL
                       W u x i A u t o w e l l Te c h n o l o g y C o . , L t d . w a s f o u n d e d i n 2 0 1 0 a n d
                       recognized as a national high-tech enterprise for the _rst time in 2015.
                       IthasbeenawardedasaJiangsuSmallGiantEnterpriseofScienceand
                       Technology, a Potential Unicorn Enterprise in South Jiangsu National
                                                                                                                                         W h e re ve r t h e re i s a fa cto r y, t h e re
                       Innovation Demonstration Zone, Wuxi Quasi- Unicorn Enterprise,
                                                                                                                                         i s AT W ’ s i n t e l l i g e n t m a n u f a c t u r i n g
                       among others. ATW is a renowned intelligent equipment manufacturer
                                                                                                                                         system.
                                                                                                                               Vision
                       inthesectorsofphotovoltaics,lithiumbatteriesandsemiconductors.
                       ATW has several subsidiaries, including ATW Intelligent, SCEC, ATW
                       XuRi, ATW Coshin, and Leddo. Its expanding PV product portfolio now
                       servesthefourmajorsectorsofPVindustrychain:Rod,Wafer,Celland
                       Module.Thecompetitive‘agshipproductsMBBCellSolderingStringer
                       and Wafer Inspection System are well recognized by the leading
                       enterprisesinthePVindustryandhavegainedalargemarketshare.                                                         Build Smart Factory With New
                                                                                                                                         Technologies Drive Global Intelligent
                       Following the development trends of new energy vehicles, energy                                                   Manufacturing.
                                                                                                                               Mission
                       storage and consumer electronics markets, the Company has
                       i n d e p e n d e n t l y d e v e l o p e d L i t h i u m - i o n B a tt e r y M o d u l e , PA C K
                       Production Line, and Lithium- ion Batter y Appearance Inspection
                       M a c h i n e , w i n n i n g re p eat o rd e r s f ro m w e l l - k n o w n e n te r p r i s e s i n
                       the industry. In addition, we have received bulk orders for the self-
                                                     ’s officially launched onto the
                       developed product Wire Bonder that                                                                                Competitive Innovation & Leading
                       marketin201.                                                                                                      Te c h n o l o g y ; S u p e r i o r Q u a l i t y ; E f f i c i e n t
                                                                                                                                         Services;ValuableTrust.
                       In the future, Autowell will be committed to providing customers with
                                                                                           Values
                       all- round and intelligent solutions for the industry chain, creating
                       greater values for customers, and making greater contributions to the
                       industry.
                 股票代码   688516
                                                Message from ATW                        Notes on the Report                About ATW                    Responsible Management
     BUSINESS LAYOUT AND DEVELOPMENT
                                                                                                                              Lithium battery business
                                                                                                                          Module&Pack&ContainerAutomaticAssemblyLine
     As a renowned intelligent equipment manufacturer in the sectors of PV, lithium batteries
     and semiconductors, ATW’s product portfolio now serves the four major sectors of PV                                 Energy Storage                      Prismatic cells
     industry chain: Rod, Wafer, Cell and Module. The competitive flagship products MBB                                  ESS module & pack                   Prismatic energy storage mod-
     Cell Soldering Stringer and Wafer Inspection System are well recognized by the leading                              assembly line;                      ule/PACK production line;
                                                                                                                         Intelligent assembly line           Prismatic dynamics module/
     enterprises in the PV industry and have gained a large market share. The Company has
                                                                                                                         of container-type energy            PACK production line
     independently developed Lithium-ion Battery Module, PACK Production Line, and Lithium-
                                                                                                                         storage system
     ion Battery Appearance Inspection Machine, winning repeat orders from well-known
     enterprises in the industry. In addition, we have received bulk orders for the self-developed
     product Wire Bonder that’s officially launched onto the market in 2021. Meanwhile, we                               Pouch cells                         Cylindrical cells
     have continued to expand product development in the packaging & testing sectors of the
                                                                                                                         Po u c h m o d u l e / PAC K        Cylindrical cells module/PACK
     semiconductor industry.                                                                                             production line                     production line
                                         PV business                                                                          Semiconductor business
                        CoveringfourmajorsectorsofthePVindustrychain                                          Coveringfourmajorsectorsofthepackaging&testinginthesemiconductorindustry
                                                                                                                         Dicing                               Die bonder
      Rod                        Wafer                Cell                    Module                                     Dicing saw                           Slicken solder die bonder
                                                                                                                         Wafer cleaner                        Automatic epoxy die bonder
      Monocrystal                Wafer inspection     Screen printing         MBB cell soldering
      growth furnace;            system;              production line;        stringer;
      Ingot automation           Laser coder/         light-induced           Laser dicing saw;
      equipment                  decoder;             annealing furnace;      Bussing machine;
                                 Silicon wafer        Metallization-          Layup machine;                             AOI inspection                       Wire bonder
                                 packaging            annealing               High-speed welding
                                                                                                                         Hybrid module optical                Aluminum wire bonder
                                 equipment;           integrated furnace;     system;
                                                                                                                         inspection system                    Hybrid module bonder
                                 Automatic re-        Packaging line and      Junction box
                                 inspection           intelligent logistics   welding machine;
                                 packaging line       line;                   PV module
                                                      LEM equipment           laminator
    股票代码   688516
                                     Message from ATW                  Notes on the Report                        About ATW                          Responsible Management
HISTORY
                                                                                                                      Wafer inspection system
                                                                                                                      successfully broke the im-
                                  ATW was founded
                                                                                             initiated to enter the       The product launch of
                        Develop PV cell soldering                                            semiconductor industry       SCEC’s new generation
                        stringer to enter the PV era                                                                      of monocrystal growth
                                                                                                                          furnace was held suc-
                                                                                 p ro ce s s o f b o n d e rs
                      Initial public launch                                      was conducted and the
                      of soldering stringer                                      first set of prototypes
                                                                                 was assembled
                    Sales hit CNY 200 million
                                                                                                                                                   The Phase II workshop
                     Recognized as a national high-                                                                                                Road was completed and
                                                                                   • Holdings of SCEC
                     tech enterprise for the first time                                                                                            put into use
                                                                                   • Aluminum wire bonder re-
                     and began to develop overseas                                 ceived first batch of orders
                     business
                                  Merger and acquisition of ATW
                                  Intelligent to enter the sector of
                                  lithium battery equipment                                                                ATW Smart Factory was built
                   股票代码   688516
                                                   Message from ATW                     Notes on the Report                   About ATW                  Responsible Management
 HONORS IN 2023
     National honors                                                                     Provincial honors
                           National High-tech Enterprises (SCEC, XuRi)                   Jiangsu Provincial Leading            Jiangsu Provincial    Jiangsu Province AA-level
                                                                                             Service Providers in                Green Factory       Quality Credit Enterprise
                                                                                          Intelligent Manufacturing
     Industrial honors                                                                   Municipal honors
      “Technical Excellence” and              Model” & “Chief Brand                         Advanced PV Equipment                                     Gathering Unit” in Wuxi
     “Advanced Soldering Stringer”                    Officer”                             Manufacturing Technology
       Others
                            Top 30 Most Valuable Companies                2023 Best Interactive IR Team                The 14th Investor Relations     Outstanding Units in Information
                            Listed on the STAR Market in the                                                          “Pegasus Awards” for Listed                Disclosure
                                  Companies by Value
                股票代码   688516
                                             Message from ATW                   Notes on the Report                  About ATW                            Responsible Management
PERFORMANCE SUMMARY
                       Governance                                              Environment                                                     Society
           Index                   Unit         2023                   Index                   Unit       2023                    Index                        Unit        2023
                                                                                                                       R&D expenses (including share-
                                   CNY 100                                                                                                                   CNY 10,000   32,730.77
       Operating income                          63.02                                                                       based payment)
                                   million                      Electricity consumption      10,000 KWh   589.45
                                   CNY 100                                                                              R&D investment as a share of
          Total assets                           156.17                                                                                                          %           5.19
                                   million                                                                                   operating income
    Net profit attributable to     CNY 100
shareholders of listed companies   million                         Fuel consumption              Ton      132.83
                                   CNY 100
         Total tax paid                           6.61                                                                  No. of granted IPRs during the
                                   million                                                                                                                     piece         358
                                                                                                                               reporting period
 Social contribution per share      CNY           5.59
                                                                Natural gas consumption         KNm3       46.26       No. of granted invention patents
                                                                                                                                                               piece         32
                                                                                                                         during the reporting period
  No. of board meetings held        times          23
                                                                                                                              No. of employees                 person       4,832
 No. of matters discussed and
                                    times          82            Municipal water supply          Ton      72,697
      reviewed by Board
   No. of Supervisory Board                                                                                            Percentage of female employees            %          11.61
                                    times          22
        meetings held
 No. of matters discussed and                                                                                          No. of employees aged above 40          person        359
                                    times          71                GHG Scope 1              tons C02e   583.53
reviewed by Supervisory Board
 No. of shareholders’ meetings                                                                                        No. of employees aged between 31
                                    times          5                                                                                                           person       1,816
              held                                                                                                                 and 40
  No. of matters discussed and                                                                                          No. of employees aged 30 and
                                                                     GHG Scope 2              tons C02e   7,124.93                                             person       2,657
reviewed at the general meeting     times          22                                                                              below
         of shareholders
  No. of performance briefings                                                                                           Labor contract signing rate             %           100
                                    times          6
              held
                                                                  Annual investment in
                                                                                             CNY 10,000    7.36
   No. of commercial bribery                                    environmental protection
                                    times          0                                                                      Social insurance coverage              %           100
        litigation cases
             股票代码   688516
                                       Message from ATW                Notes on the Report                          About ATW                  Responsible Management
      A solid governance structure constitutes a vital pillar for efficient operations. In 20 3, starting from the preparation of ESG report, ATW set up an ESG
      working group and uni_ed the understanding of EGS philosophy between employees and the Company through diversi_ed means, including publicity of
      ESGconcepts,identi_cationofmaterialESGtopics,gatheringofESGinformation,andinterviewswithexperts.
      ESG WORKING MECHANISM
                             Board of Directors                              ? The Board of Directors is the Company’s supreme decision-making
                                                                             body on ESG governance, responsible for the overall planning and
                Supreme decision-making body                                 coordination of ESG work.
                                                                                                                                                       MANAGEMENT
                                                                                                                                                       RESPONSIBLE
                                                                             ? The chairman is responsible for supervising and reviewing the
        Chairman                               Audit Committee               Company’s ESG strategy, goals and annual work plans, and reporting
                                                                             ESG implementation results and major plans to the Board.
                     Supervision and review body
                                                                             ? The Audit Committee also participates in the Company’s review and
                                                                             decision-making on ESG-related matters such as addressing climate
                                                                             change and ensuring health and safety.
                                                                             ? The Company headquarter is responsible for coordinating and
                                                                             promoting the implementation of ESG-related work. The General
                               Headquarter                                   Management Department, Legal Department, and relevant departments
                                                                             of each subsidiary are responsible for the management of various
                                                                             specialized ESG-related matters.
                                                                             * A separate dedicated executing agency—ESG Working Group is set up
                                                                             under the General Management Department, comprising the heads of
       General                                       Functional              the General Management Department and each subsidiary’s functional
                                 Legal
     Management                                    departments of            departments related to social responsibilities.
                              Department
     Department                                    each subsidiary           * The ESG Working Group is also responsible for implementing specific
                                                                             ESG policies and goals. The group includes an environmental, safety and
                                                                             health specialist responsible for the Company’s environmental-related
                                                                             affairs. The Company’s Securities Investment Department is responsible
                             Executive agency                                for corporate governance matters.
                                                                             ? Each subsidiary is responsible for the execution and implementation
                                                                             of specific work in line with the ESG management systems and ESG-
                                                                             related overall plans, targets and tasks.
         股票代码   688516
                                   Message from ATW                       Notes on the Report                 About ATW                     Responsible Management
STAKEHOLDER COMMUNICATION
ATWvaluestheopinionsofallstakeholdersandaccuratelyidenti_esstakeholdersamongshareholders,investors,employees,customers,suppliers,partners,governmentandregu
agencies, media, and communities. The Company has established an effective communication mechanism to communicate with stakeholders on a regular basis through variou
channels,includingwebsites,mediaplatforms,meetings,reports,andactivities,inabidtofullyunderstandandrespondtotheconcernsofstakeholders.
   Stakeholders            Expectations &             Communication &                       Stakeholders          Expectations &               Communication &
                             demands                     response                                                   demands                       response
                           Compliant protection of
                                                         Employee activities;                                   Compliance management;
                             rights and interests;                                                                                              Government symposium;
                                                         Training programs;                      Government     Pay taxes according to law;
         Employee           Mature salary system;                                                                                               Receive government visits
                                                           Salary system;                                         Increase employment
                             Effective promotion
                                                       Promotion mechanism
                                 mechanism
                                                                                                                                                 Information disclosure;
                                                                                                                  Compliant operations;
                                                                                                                                                     Cooperate with
                                                                                                                     Compliance with
                                                                                                 Regulatory                                            supervision;
                              Product quality;         Enhance quality control;                                  regulatory requirements;
                                                                                                 authority                                           Submit reports;
         Customer             Customer service;           Customer review;                                       Response to development
                                                                                                                                                 Learn the latest policies
                               Business ethics            After-sales service                                             policies
                                                                                                                                                        and rules
                                                                                                                  Economic performance;
                                                                                                                Compliance management;
                                                         Technical Seminar;                                                                          Official website;
                                                                                                                  Development strategy;
         Suppliers &       Supplier management;            Supplier visits;                                                                     WeChat official account;
                                                                                                 Media           Labor and human rights;
         partners              Business ethics         Supplier management                                                                           Media briefing;
                                                                                                                 Environment and energy
                                                               system                                                                               Press conference
                                                                                                                      management;
                                                                                                                  Social responsibilities
                            Return on investment;      Information disclosure                                      Talent employment;
                           Protection of rights and             rating;                                                                              Official website;
                                                                                                                     Charity activities;
         Shareholders                                                                                                                           WeChat official account;
                                  interests;           Shareholders’ meeting                     Community         Community service;
         & investors                                                                                                                             Community activities;
                           Corporate governance;        Performance briefing;                                    Environment and energy
                              Investor relations       Promotional road show                                                                       Volunteer activities
                                                                                                                       management
                 股票代码   688516
                                            Message from ATW                      Notes on the Report                       About ATW                      Responsible Management
     IDENTIFICATION OF MATERIAL TOPICS
                                                       ’soperations,weconductedsurveys,identi_cation,evaluationandscreeningofmaterialtopics,andcollectedopinions
     TobetteridentifythematerialESGtopicsrelatedtotheCompany
     from internal and external stakeholders through questionnaires. In addition, we constructed the matrix of material topics for analysis based on the Pthe degree of importance to t
     Company’ssustainabledevelopmentQandPdegreeofimportancerecognizedbystakeholdersQ,soastoevaluatetherankingoftopics.
         PROCESS TO IDENTIFY MATERIAL TOPICS
                                                                                                                                    Conduct stakeholder interviews to collect feedback
                                                                                                                                    and suggestions from various stakeholders on the
      Identify the sustainability- related material topics                                                                          Company’s sustainability practices and strategies for
                                                                                                           Stakeholder
      in the Company’s industry and establish a library of                                                                          futuresustainability.
                                                                                                          communication
      such topics with reference to the relevant evaluation                                                                         P re pa re a n o n l i n e s u r v e y q u e st i o n n a i re fo r t h e
                                                                                                               andsurvey
      factors of ESG ratings in the capital market, such as            Identify                                                     evaluation of material ESG topics and invite various
      MSCI,S&PDJSI,CDP,Morningstar,Wind,andSino-Se     -               topicsto                                                     stakeholders to rate the importance of the
                                                                                                                                                                             - corre
      curities Index, in combination with GRI standards,          formalibrary                                                      spondingESGtopics.
      UN SDGs, SASB Standards, and other international                 oftopics
      standards and goals related to sustainability
                                             -      man
      agement, as well as the material topics identi_ed by
      companiesinthesameindustry.
                                                                                                                                    Based on the results of the above questionnaire
                                                                                                  Evaluation                       and the Company’s development situation, evalu
                                                                                                  ofmaterial                       ate the topics from perspectives of Pimportance to
                                                                                                      topics                                                          ’s devel
                                                                                                                                    stakeholdersQ and Pimportance to ATW     -
                                                                                                                                   opmentQ, rate and rank the topics by the degree of
                                                                                                                                   importance,andproduceamatrix.
             Highly material topics                  Material topics                 Related topics                           Valid questionnaires                    Engaged stakeholders
         Based on the analysis results of material topics, this Report provides detailed disclosure of                     Internal interviews involve business leaders and employee
         highly material topics in response to internal and external concerns.                                             representatives.
                             股票代码   688516
                                                              Message from ATW                       Notes on the Report                        About ATW                 Responsible Management
           MATRIX OF MATERIAL TOPICS
High
                                                                                                                                                                          ESG governance
                               Related topics                      Material topics                                     Highly material topics
                                                                                                                                                                       Shareholders and equity
                                                                                                                                                                       Sustainable profitability
                                                                                                                                                                      Compliance management
                                                                                                                   Sustainable profitability
                                                                                                                                                                Risk management and internal control
                                                      ESG governance                                                        Compliance management
                                                                                                             R&D innovation
                                                                Waste and hazardous substances                     Safe production
                                                                management
                                                                                                                Employee compensation and benefits
                                                                                                                                                             Waste and hazardous substances management
                                                                                                                    Risk management and internal
                                                                                 Shareholders and equity            control                                               Clean manufacturing
                                                                                                                             Product quality
                                                                                                                                                                            Clean energy use
                                                              Clean manufacturing                                       Information security and                 Water consumption and management
                                                                                                                        privacy protection
                                                                                                                                                                             Green product
                                                                                          Clean energy use
                                                                                                                                   IPR protection                Training on environmental protection
                                                                      Water consumption and management                                                      Addressing climate change and carbon emissions
                                                                                                                                                                        Biodiversity protection
                                                                                                                                                                            Green design
ImportancetoATWdevelopment
                                                                                        Green product          Anti-discrimination and diversity
                                                                                                               management
                                                                 Training on environmental           Employee development and                                               R&D innovation
                                                                 protection                          training
                                                                                                                                                                            Safe Production
                                                                                                                                                                 Employee compensation and benefits
                                                 Community contribution                         Green procurement and green supply chain
                                                 and charity activities                                                                                                     Product quality
                                                                                                                                                              Information security and privacy protection
                                       Addressing climate change and carbon emissions                                                                                        IPR protection
                                                                                                                                                             Anti-discrimination and diversity management
                                                            Biodiversity protection
                                                                                                              Industry-university-research                   Community contribution and charity activities
                                                                                                              cooperation                                         Employee development and training
                                             Green design
                                                                                                                                                              Green procurement and green supply chain
                                                                                                                                                               Industry-university-research cooperation
                                    Importancetostakeholders
                                                                                               General          Important       Highly important
     INDEPENDENT R&D
      ATW INNOVATION
     Upholding the philosophy of innovation-driven development,
     ATWhaspursuedself-developmentandcontributedtonational
     development based on sci-tech innovation. To this end, the
     Company has proactively brought in advanced technologies
     and high-caliber talents at home and abroad, deeply engaged
     incollaborationwithuniversitiesandresearchinstitutesvalued
     the protection of intellectual property rights, and constantly
     strengthened its R& D strength and innovation capabilities.
     B u i l d i n g o n t h e co n t i n u o u s l y i m p r o v i n g R & D s y st e m , w e
     have further upgraded our product advantages, continuously
     expanded R&D areas, enhanced technological applications in
     products,andcreatedgreatervalueforcustomers.
      SDGs
            Sustainable               Industry,
            consumptionand            innovationand
            production                infrastructure
                                                                                                 Innovative R& D system
                                                                                                 Innovative R& D Initiatives
                                                                                                 Innovation achievements
                                                                                                 Intelligent development and digital up
                        Independent    Solid Foundation        Good Faith        Priority to Safety          Contribution to     Close Cooperation    Green Development        Appendices
                          R&D ATW       Characteristic      Greater Prosperity   Focus on Quality                Society         Win-win Outcomes        Low-carbon
        股票代码   688516
                         Innovation      governance                                                        Constant Dedication                             Practices
  Our achievements
       R&Dinvestment
  R&D investment                                                                               Percentage in operating income
  CNY 327,307,700                                                                               5.19 %
      Innovationachievements
  Patent filings                            Including invention patents                           Patent filings                                     Including invention patents
  Licensed IPRs                             Including invention patents                               Licensed IPRs                                  Including invention patents
      Intelligentdevelopment
Manufacturing automation rate                                                                  Intelligentdevelopmentdeliversthe_rst-passyieldabove
                                                                                              (Note: Overall pass rate)
                            Independent     Solid Foundation           Good Faith        Priority to Safety            Contribution to          Close Cooperation          Green Development               Appendices
                              R&D ATW        Characteristic         Greater Prosperity   Focus on Quality                  Society              Win-win Outcomes              Low-carbon
            股票代码   688516
                             Innovation       governance                                                             Constant Dedication                                        Practices
     Innovative R&D system
                                                                                                                                                      R&Dmodel
       Innovative R&D model                                                                                                                                                                  Product R&D
                                                                                                              Sales contract                                    Customization
                                                                                                                Corporate                  Product               Independent                   Project
                                                                                                                 strategy                  planning                  R&D                     management
          Innovative                                             Innovation                                                                                        Product
             R&D                                                   system                                                                                        optimization
           concepts                                              guarantee
                                                                                                                                                           Technology               Platform
                                                                                                                                                              R&D                 development
                                                                                                                                                                  Te c h n o l o g i c a l
                                                                                                                                                                  development
        SalesGeneration                                        ProjectApprovaland
         R&DGeneration                                         ManagementProcess;
                                   Innovation
                                  management
       ReserveGeneration                                   ProjectRewardSystem;
                                                                                                    In the practice of innovation projects, we have established an innovation manage
                                  mechanism            PerformanceAppraisalSystem;
                                                                                                    mechanism featuring Pone focus and five transformationsQ based on product lines an
                                                         RewardSystemforRational
                                                                                                    pillaredbyIT.
                                                                  Suggestions
                                                                                                                                               One focus
                                                                                                                                                                 Focusonindependentinnovation
            One-FocusandFive-TransformationsManagementMechanism
      Oriented toward technological innovation and customer demand, the Company
                                                                                                                     One-Focus and Five-
      has continued to increase investment in scienti_c research to ensure its sustained
                                                                                                                      Transformations
      competitiveness. We established the three -pronged approach for product                                           Management
                                                                                                                         Mechanism
                                                                                                                                                                Adheringtohigh-endproductpositioning;
      development, ensuring Pthe sales of one generation of product to be followed
                                                                                                                                                                Ecologicalqualitymanagement;
      by the R&D and reserve for the next generation of productQ. By comprehensively                                                                            Integratingupstreamanddownstreamquality
      evaluatingthethreekeyareasofsales,productsandR&D,weholdregularmeetings
                                                                                                                                                  Five          management,comprehensivecorporate
      to gain an in- depth understanding of the main trends in the market and future                                                        transformations     management;
      development trends of emerging technologies. Based on customer needs, we have                                                                             Panoramicinformationplatform(sap);
                                                                                                                                                                Strategicoperationandmanagement
      constantly adjusted and optimized product routes to ensure that products are
      alwaysalignedwiththemarketsoastoachievesustainabledevelopment.
                             Independent           Solid Foundation      Good Faith            Priority to Safety     Contribution to     Close Cooperation        Green Development             Appendices
                               R&D ATW              Characteristic    Greater Prosperity       Focus on Quality           Society         Win-win Outcomes            Low-carbon
        股票代码   688516
                              Innovation             governance                                                     Constant Dedication                                 Practices
 Innovative R&D system                                                                                                                    Threemajorinnovativeindustrialization
                                                                                                                                          practicebases
ThreemajorR&Dmanagementbodies
                                                                                                With the focus on the R& D of PV, lithium batteries, and
The Company has set up the Project Management Committee, Standardization Management Committee, and
                                                                                                semiconductor equipment and the industrialization of
Experimental Center Management Committee to coordinate and make decisions on major technological
                                                                                           k e y p r and
                                                                                                     o ce s s e s , a n d w i t h a v i e w t o a tt ra c t i n g e xt e r n a l
managementinnovationprojects.                                                                                                             resources for coordinated de velopment , the Company
                                                                                                                                          has successively established the Jiangsu Provinc
Twelvetechnologicalinnovationlabs                                                                                                         E n g i n e e r i n g Te c h n o l o g y Re s ea rc h C e n te r, t h e J i a n g s u
                                                                                              Provincial Enterprise Technology Center, and the Jiangsu
ATWhasvigorouslyexploredtogrowintoaglobalsupplierofcoreintelligentequipmentfortheemergingindustries and
                                                                                              Provincial Postdoctoral Innovation Practice Base, in a bid
transformation of traditional industries based on the needs and technical characteristics of the three major industries
                                                                                                              to jointly promote the Company to develop new products
of PV, semiconductors, and lithium batteries, in combination with the application of comprehensive technical means
                                                                                                              and technologies that align with market demands and the
in mechanics, electrics, electronics, optics, machine vision, robotics, and computer. We have established 1 2 major                                             ’s
                                                                                                                Company’s development strategy to ensure the Company
laboratories centering on PV, semiconductors, and lithium batteries, fully equipped with advanced testing equipment,
                                                                                                                competitiveedgeintheindustry.
including non- destructive dicing saw, nanosecond infrared lasers, Beckhoff systems, area- array cameras, high-
temperatureheatingtestplatforms,smallautomaticsolarmodulelaminators,andbatteryinternalresistancetester,ina
bidtosafeguardtechnologicalinnovation.
           Laser                                                                                                      Lithium
        Processing                                                                                                    Battery
        Technology                                                                                                  Technology
            Lab                        PVModule                                            MachineVision                Lab
                                      Technology                                           TechnologyLab
                                           Lab
                         PVSilicon
GTLab                      Wafer
                        Technology                                                                        SolarCellLab        CAELab
                            Lab
                                     Semiconductor
                                                                                             MATLab
          PVCell                       Technology
        Technology                        Lab
                                                                                                                      AILab
           Lab
                                 R&D Innovation Center (12 major laboratories)
                        Independent      Solid Foundation      Good Faith        Priority to Safety     Contribution to     Close Cooperation   Green Development   Appendices
                          R&D ATW         Characteristic    Greater Prosperity   Focus on Quality           Society         Win-win Outcomes       Low-carbon
        股票代码   688516
                         Innovation        governance                                                 Constant Dedication                            Practices
      Innovative technology reserves and products under development
     Technicalreserves
     ATW ’sinnovativethinkinghasbeenembeddedintotheproductsthroughoutthelifecycle.BuildingonyearsofcontinuousR&Dinvestmentandtechnologyaccumulation,theCompa
     has developed an innovative technology reserve system, comprising four core supporting technologies (4M technology) and eight core application technologies. These technol
                                                 ’smainbusiness,formingtheCompany’scoreproductsystematthePVsiliconwaferend,cellend,andmoduleend.
     havebeenappliedtomultiplecoreproductsoftheCompany
      Breakingthemonopolyofforeigntechnologies:semiconductorwirebondingtechnology
      In order to achieve high-reliability welding of semiconductor chip leads, the Company comprehensively applied technologies
      for ultrasonic welding, high-speed motion control, high-precision optical positioning, and highly sensitive sensor detection
      to overcome a number of technical difficulties, including ultrasonic applications, pressure control, wire detection, tension
      detection, multi-axis servo linkage, and visual follow-up positioning.
      The project was initiated in 2017. It took 4 years to achieve a repeatable positioning accuracy of ±3um, compatible with the
      technical indicators of 2-20mil aluminum wires and aluminum strips, and a yield rate above 99.95%, breaking the blockade of
      foreign technologies in this field.
                    Independent   Solid Foundation          Good Faith        Priority to Safety         Contribution to       Close Cooperation   Green Development   Appendices
                      R&D ATW      Characteristic        Greater Prosperity   Focus on Quality               Society           Win-win Outcomes       Low-carbon
   股票代码   688516
                     Innovation     governance                                                         Constant Dedication                              Practices
   Productsunderdevelopment
               Under research                                                                      Under development
     TOPCon battery equipment                            Large cell soldering stringer                                         Semiconductor bonder
Lithium battery cell stacking machine                   Large wafer inspection system                                  Semiconductor chip die bonder
                                                        PV high-efficiency back-contact                               Semiconductor testing equipment
Semiconductor packaging and testing                            soldering stringer
           equipment                                                                                                         Semiconductor dicing saw
                                                       Complete battery assembly line
                                                                                                                             Dicing and bussing machine
                                                     Complete battery screen printing line
                                                                                                                  Czochralski monocrystal growth furnace
                                                         Battery annealing equipment
                                                                                                                         Continuous feeding machine
                                                     Advanced laser processing equipment
                                                               for metallization                               Semiconductor monocrystal growth furnace
                                                      Intelligent logistics packaging line
                             Independent            Solid Foundation      Good Faith        Priority to Safety        Contribution to      Close Cooperation      Green Development           Appendices
                               R&D ATW               Characteristic    Greater Prosperity   Focus on Quality              Society          Win-win Outcomes          Low-carbon
             股票代码   688516
                              Innovation              governance                                                    Constant Dedication                                Practices
     INNOVATIVE R&D INITIATIVES
            Innovation incentive system                                                                          Cultivation of innovative talents
     The Company has established a mature innovation incentive system to stimulate
                                                                                 Topromotesustainedproductinnovation,theCompanyhascontinuedtooptimizeitstalent
     the enthusiasm of sci-tech personnel, unlock their potential for scientific research,
                                                                                       training system and cultivate talents with innovative thinking and professional ski
                                                                       ’s
     facilitatethecommercializationofsci-techachievements,andimprovetheCompany                           insist on building a highly educated and high-caliber R&D team. As of the end of 203, the
     overalltechnicalcapacity,managementcapacityandmarketcompetitiveness.                                Company has a total of 875 R&D personnel, up by 23.41% year on year, including 170 with
                                                                                                                                                                                        ’s
                                                                                                         a postgraduate degree or above. They have injected continuous power for the Company
                                                                                                                                                        ’ssustainabledevelopment.
                                                                                                         scienti_cresearchandinnovationandfacilitatedtheCompany
      Innovation incentive                                              Targeted
                                              Purpose
            system                                                     employees
       Talent recommendation
                                         Recommend external
         reward system for all                                         All employees
                                            professionals
              employees
                                                                                                                 No.ofR&Dpersonnel                       year-on-yeargrowth
        Sci-tech talent training       Motivate improvement of
                                                                       All employees
                system                  technical capabilities
                                         Major technological
        Li Wen Craftsman Cup
                                          innovations and              All employees
             Evaluation
                                           breakthroughs
                                           Motivate product
      Rational suggestion reward
                                           optimization and            All employees
                system
                                        technological upgrade
                                     Solidify and protect technical
         Patent reward system                                          R & D personnel
                                             achievements
       Scientific research project    Motivate innovation of R&D
                                                                       R & D personnel
            reward system             projects and technologies
                                          Management and                                                           No.ofR&Dpersonnelwithapostgraduatedegreeorabove
       Talent promotion system            professional skills          R & D personnel
                                            improvement
     Reward system for organized
                                 Encourage the transformation
      implementation of sci-tech                                       R & D personnel
                                   of sci-tech achievements
           achievements
                     Independent             Solid Foundation      Good Faith        Priority to Safety     Contribution to     Close Cooperation   Green Development   Appendices
                       R&D ATW                Characteristic    Greater Prosperity   Focus on Quality           Society         Win-win Outcomes       Low-carbon
     股票代码   688516
                      Innovation               governance                                                 Constant Dedication                            Practices
      Innovative technical cooperation
Industry-university-researchcollaboration
In an effort to further deepen industry-university-research                                                      ATW and Wuxi Insti-
collaboration, the Company has cooperated with Shanghai                                                          tute of Technology
Jiao Tong University in sci-tech R&D, further integrating                                                        jointly established
independent innovation with industry-university-research                                                         the Wuxi ATW Intelli-
collaboration. By means of industry-university integration                                                       gent Manufacturing
and university-enterprise collaboration, we have given full                                                      Institute to train
play to the complementary advantages of resources, jointly                                                       engineering and
explored new models of cooperation, and strived to create                                                        technical personnel
a new trend of industry-university-research collaboration,                                                       for ATW.
thereby further elevating the Company’s technological
innovation.
ATWCoshinsignedacontractwithTaixin
Microelectronicstojointlysupport
intelligentmanufacturing
 O n 3 0 N o v e m b e r 2 0 2 3 , AT W C o s h i n
 received an order from Hangzhou Taixin
 Microelectronics Co., Ltd. for more than
 ten IGBT aluminum wire bonders. The two
 sides will take advantage of this order to
 cooperate closely to overcome industrial
 difficulties and make key contributions to the
 localized manufacturing of equipment in the
 semiconductor packaging sector.
                               Independent       Solid Foundation           Good Faith              Priority to Safety           Contribution to         Close Cooperation         Green Development     Appendices
                                 R&D ATW          Characteristic         Greater Prosperity         Focus on Quality                 Society             Win-win Outcomes             Low-carbon
             股票代码   688516
                                Innovation         governance                                                                  Constant Dedication                                      Practices
     Innovation achievements
     TheCompanyhasstayedcurrentonthetechnologicaldevelopmentinthePVindustrychain,lithiumbatteryindustrychain,andsemiconductorindustrychain,whilepayingcloseatte
     tonewprocessesandnewtechnologiesinthedownstreamapplicationindustries.
             IPR Protection
     Committed to innovation-driven sustainable development, ATW attaches great importance to IPR protection in accordance with relevant laws and regulations such as the
     the People’s Republic of China. The Company received the national IPR management system certi_cation for the _rst time in 2016, and it has remained valid ever since. We now have 1
     professionalintellectualpropertyengineers,9ofwhomarecerti_edpatentagentsand5ofwhomhavepassedJiangsuProvinceIntellectualPropertyEngineerTrainingProgram.
     TheCompanyhasclari_editsIPRpoliciesandgoals,establishedanIPRdatabase,andprovidedsystematicmanagementand_nancialsupporttoensuree^ectivelegalprotectionof
     research results. In addition, a patent planning & decision-making mechanism and an early warning & emergency response mechanism have been established to further implemen
     protection.
     To create a favorable environment for technological innovation, ATW has introduced the PIPR Reward SystemQ to reward duty-related inventions, motivate employees to actively e
     technologicalinnovation,andpromotecontinuousprogressintechnologicalinnovation.
     New addition                                                                                                 Cumulative No
       Filed patents                                                                                                     Filed patents                                                                  2,219
       Licensed patents                                                                       358                        Licensed patents
        Invention            Utility    Design      Software         Others             Total                             Invention         Utility          Design          Software         Others       Total
          patent             patent     patent      copyright                                                               patent          patent           patent          copyright
                        Independent              Solid Foundation            Good Faith        Priority to Safety          Contribution to           Close Cooperation          Green Development         Appendices
                          R&D ATW                 Characteristic          Greater Prosperity   Focus on Quality                Society               Win-win Outcomes              Low-carbon
     股票代码   688516
                         Innovation                governance                                                            Constant Dedication                                         Practices
        Industrialization of innovation achievements
As an industry leader in technological innovation, ATW has made remarkable achievements in the industrialization of innovation achievements. It has successfully transformed
scienti_c research results into competitive products in the market, which helped the industry reduce costs and increase eaciency and promoted technological upgrade. Its R&D tea
undertook the PJiangsu Province Sci-Tech Achievements Commercialization ProjectQ and the PJiangsu Province High-end Equipment R&D Forging-ahead ProjectQ, and participated in
twosci-techR&Dprojects,includingthePNationalScienceandTechnologyPlanningProjectQ.
PhotovoltaicMBBCellSolderingStringercompletely
replacedimportedequipmentofthekind                                                                            LEMequipmentraiseseaciencysigni_cantlybyupto0.3%
The Company’s flagship product “Photovoltaic MBB Cell Soldering Stringer” has accounted for over               In the field of PV cells, gate line metallization is critical
has completely replaced imported equipment of the kind in China. The product has been certified as             metallization (LEM) equipment can significantly reduce
the “National Single Champion Product in the Manufacturing Sector” and the “First Set of Major                 the contact resistance between the gate line and the
Equipment in Jiangsu Province” and entered the Jiangsu Province New Technology and New Product                 silicon substrate, and increase the open voltage and
Promotion Catalog. In recent years, it has won the “First Prize of Jiangsu Science and Technology              short-circuit current, thereby significantly improving
Progress in the Machinery Industry”, “Award for Contribution to Development of Private Sci-Tech                the photoelectric conversion efficiency and fill factor
Enterprise”, “Second Prize of Wuxi Science and Technology Progress Award”, and “Wuxi Phoenix                   of the battery to elevate the cell efficiency. After one
Award for Outstanding Software Products”.                                                                      year of repeated testing and optimization, the ATW
                                                                                                               technical team has confirmed that the efficiency can be
                                                                                                               raised by up to 0.3% or more, which greatly improved
                                                                                Market share of over           the power generation efficiency of TOPCon modules.
                                                                                                               The cost-effectiveness of PV power generation and the
                                                                                                                                                                                  Raise efficiency by up to
                                                                                                               returns on investment of power stations will be further
                                                                                                               improved.
                                                                                                              Thewaferinspectionsystemusherintheeraofultra-high-
 SCEClow-oxygenmonocrystalgrowthfurnaceSC-160-LO2
                                                                                                              speedwaferinspection
 As the size of the furnace and monocrystal becomes larger, it takes longer to stabilize                       As the PV wafers get larger and thinner, there are higher requirements for soldering stringer and
 the temperature of the silicon liquid, resulting in relatively poor stability of the oxygen                   wafer inspection system. The Company has developed ultra-high-speed soldering stringer and wafer
 content in monocrystal. Based on the market development needs, SCEC has focused on                            inspection system that meet the needs of larger and thinner wafer production. The production capacity
 this technical difficulty to develop, verify, and test multiple technologies, came up with                    of the wafer inspection system has reached 13,500 pieces per hour, which is 60% faster than the
 a solution for reducing the oxygen content of monocrystal silicon wafers, and launched                        previous generation of equipment in the industry. It is not only used for discharging large and ultra-thin
 the low-oxygen monocrystal growth furnace: SC-1600-LO2. The R&D team mastered                                 wafer, but also features higher-precision detection capabilities. Since its launch, it has gained market
 the correlation between the probability of concentric defects and the oxygen content in                       recognition and received bulk orders from customers.
 monocrystal, employed the low-oxygen ingot technology, and optimized the software
 and hardware design of the monocrystal growth furnace, thereby significantly reducing
 the proportion of concentric defects. Compared with the oxygen content of mainstream
 silicon wafers, under the same conditions, the low-oxygen monocrystal growth furnace
 can reduce the oxygen content by more than 24% and improve the cell efficiency by 0.1%
 based on the test wire verification data.
                                                                                                              The production capacity of wafer                                 faster than previous generation of
 Oxygen content reduced by more than                     Improved cell efficiency by                          inspection system has reached                                    equipment in the industry
                              Independent    Solid Foundation      Good Faith            Priority to Safety     Contribution to     Close Cooperation   Green Development   Appendices
                                R&D ATW       Characteristic    Greater Prosperity       Focus on Quality           Society         Win-win Outcomes       Low-carbon
              股票代码   688516
                               Innovation      governance                                                     Constant Dedication                            Practices
     INTELLIGENT DEVELOPMENT AND DIGITAL UPGRADE
     During the reporting period, ATW actively advanced the overall strategic goals (visualization, digitization, and intelligence) of Psmart manufacturingQ factories with the help o
     and intelligent technologies. Based on interactive innovation of digitalization, technologies, processes, and organization, we have upgraded process techniques and optimize
     processes.Meanwhile,wehavebroughttogetherthenewforcesformanufacturingupgradesandintegratedthemostcutting-edgetechnologiesintosmartmanufacturingsolutions,wit
     aviewtodeliveringmoreeacientproductionlineandcreatinggreatervalueforourcustomers,contributingtoindustryeaciencyimprovements,andjointlybuildingalow-carbon
     andsustainablefuture.
           Intelligent logistics center
     Inresponsetothewarehousingpressureanddecentralizedmanagementamidgrowingbusiness,wehaveintegratedsomeoftheleasedfactoryresourcesandappliedtheWMSsystemfor
     real-timematerialcollection,shelving,sorting,andotherfunctionstoensureaccurateandtimelyout-putandin-putofthewarehouse,whichincreasedthelogisticseaciency.
      Optimize management                                                                                               Logisticsandtransportation
      Integrateresourcesforcentralizedallocationtoimprove                                                              Uni_edallocation,eacientdistributionplusGPSpositioning.
      eaciencyandreducefaulttolerance.
                                                                                Achievements
                                                                                inpromoting
                                                                                     intelligent
                                                                               logisticscenter
      Improvequality                                                                                                    Improve5Smanagement
      Eliminatequalityhazardscausedbystorageenvironment                                                                 Integratefactorysitesandensurestandardandtidysurrounding
      andmanagestorageofmaterialsinthe_rst-in,_rst-out                                                                  environment.
      principle.
                        Independent      Solid Foundation      Good Faith        Priority to Safety       Contribution to     Close Cooperation   Green Development       Appendices
                          R&D ATW         Characteristic    Greater Prosperity   Focus on Quality             Society         Win-win Outcomes       Low-carbon
    股票代码   688516
                         Innovation        governance                                                   Constant Dedication                            Practices
      Process intelligence                                                                            Digital upgrade
We piloted the phased implementation of intelligence (mechanizedautomatic
                                                                                               During the reporting period, the Company opened a new chapter in digital transformation
IT- based intelligent development) at XuRi. During the phase of automation,
                                                                                               and upgrade. With SAP at the core, the Company simultaneously launched and optimized
we made progress in 1 8 automation projects in 2 0 2 3 , including 9 sets of self-
                                                                                               five IT systems, namely OA, SRM & MCS, WMS, HRM, and E-learning systems, to achieve
developed equipment and 9 sets of imported equipment, in a bid to improve
                                                                                               seamlesstransmissionofmasterdataandbusinessdata.
personneleaciencyandoptimizeworkprocesses.
                                                                                               In addition, to provide strong data support for operational management and decision
As of the end of 2 0 3 , a total of 9 projects had been implemented, including 5
                                                                                               making, the Company integrated the above- mentioned IT system data through the BI
sets of self-developed equipment and 4 sets of imported equipment, with 2 items
                                                                                               system and generated data analysis reports ( including trend charts, ring compari
awaitingacceptanceinthenearfuture.
                                                                                               charts, etc. ) , enabling relevant personnel to view the data results more intuitivel
                                                                                               improvetheeaciencyofdataanalysis.Meanwhile,theCompanyhasintroducedthePSAP
                                                                               Operation Health CheckQ and other regulations on data quality management, in a bid to
        Thanks to the intelligence, the first- pass yield of products exceeded monitorthedatasituationinatimelymanner.
  to promote the implementation of intelligent supply to elevate overall
  eaciency.
                    XuRi’sdouble-speedchainhasbeeninitiallyputintouse
SOLID FOUNDATION
CHARACTERISTIC
GOVERNANCE
Committed to compliant operation with integrity, ATW
has continued to improve the corporate governance
structure, optimize internal management, perfect the
risk management and control mechanisms, maximize
shareholder interests and corporate value, and create
greateconomicandsocialbene_ts.
SDGs
      Peace,justice
      andstrong
      institutions
                                                        Governance structure
                                                        Operation of the three meetings
                                                        Protection of shareholders’ rights and interests
                                                        Internal control and risk management
                                                        Anti-corruption and anti-bribery
                                                        Party building
                 Independent R&D   Solid Foundation      Good Faith        Priority to Safety       Contribution to     Close Cooperation      Green Development   Appendices
                  ATW Innovation    Characteristic    Greater Prosperity   Focus on Quality             Society         Win-win Outcomes          Low-carbon
 股票代码   688516                       governance                                                   Constant Dedication                               Practices
Our achievements
 Operationofthethreemeetings
   Shareholders’ meetingsin203                   MeetingsofBoardofDirectors                     MeetingsofSupervisoryBoard                   Passrateofreviewedmatters
                  ’ rights
 Protectionofinvestors                                          Informationdisclosure                                                 Returntoshareholders
 andinterests
                                                                                                                                Theamountofcashdistributionin203isCNY
  Annualnumberofinvestorsreceived                                          Creditrating
                                                                                                                                            Percentageinannualnetpro_t
                                                                                                                               Independent R&D                                                                          Solid Foundation                                                       Good Faith                                                                     Priority to Safety                                                                   Contribution to                             Close Cooperation       Green Development             Appendices
                                                                                                                                ATW Innovation                                                                           Characteristic                                                     Greater Prosperity                                                                Focus on Quality                                                                         Society                                 Win-win Outcomes           Low-carbon
                                                             股票代码            688516                                                                                                                                       governance                                                                                                                                                                                                                             Constant Dedication                                                        Practices
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        OPERATION OF THE THREE
 ORGANIZATION                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           MEETINGS
                                                                                                                                                                                                                                                               Shareholders’ meeting
                                                                                                                                                                                                                                                                                                                                                                        Strategy and ESG                                                                                                                D u r i n g t h e re p o r t i n g p e r i o d , t h e C o m pa n y h a s co n sta n t l y
                                                                                                                                                                                                                                                                                                                                                                           Committee
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        improved the corporate governance system and structure in
                                                                   Supervisory Board                                                                                                                                                                                                                                                                              Remuneration and
                                                                                                                                                                                                                                                                                                                                                                 Appraisal Committee
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        strict accordance with the Company Law, Securities Law, Code
                                                                                                                                                                                                                                                                    Board of Directors
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        of Corporate Governance of Listed Companies, Rules Governing
                                                                                                                                                                                                                                                                                                                                                              Nomination Committee
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        the Listing of Stocks on the STAR Market of the Shanghai Stock
  Secretary of the
                                                                                                                                                                                                                                                                                                                                                                     Audit Committee                                                                                                                    Exchange, and other regulatory documents on the governance
 Board of Directors
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        of listed companies issued by the China Securities Regulatory
                                                                                                                                                                                                                                                                     General Manager                                                                                                                                                                                                                    Commission.
                                                                                                                                                                                                                                                                                                                                                                                                                                                            CFO
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Shareholders and shareholders’
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               meetings
     Securities Investment Dept
                                  AT W I n te l l i ge n t
                                                             AT W O pt i c a l
                                                                                 AT W S u p p l y C h a i n
                                                                                                              X u R i Te c h n o l o g y
                                                                                                                                           SCEC
                                                                                                                                                  C o s h i n Te c h n o l o g y
                                                                                                                                                                                   L e d d o Te c h n o l o g y
                                                                                                                                                                                                                  Wuxi Zhiyuan
                                                                                                                                                                                                                                 AT W J i e x i n
                                                                                                                                                                                                                                                    Polar PV
                                                                                                                                                                                                                                                               R&D Center
                                                                                                                                                                                                                                                                            Strategic Procurement Dept
                                                                                                                                                                                                                                                                                                         Sales Center
                                                                                                                                                                                                                                                                                                                        Manufacturing Center
                                                                                                                                                                                                                                                                                                                                               Quality Dept
                                                                                                                                                                                                                                                                                                                                                              Process Information Dept
                                                                                                                                                                                                                                                                                                                                                                                         Engineering ser vice center
                                                                                                                                                                                                                                                                                                                                                                                                                       General Management Dept
                                                                                                                                                                                                                                                                                                                                                                                                                                                 HR Dept
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                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Shareholders’ meetings                 Reviewed proposals
                           Independent R&D   Solid Foundation         Good Faith          Priority to Safety       Contribution to     Close Cooperation    Green Development        Appendices
                            ATW Innovation    Characteristic       Greater Prosperity     Focus on Quality             Society         Win-win Outcomes        Low-carbon
      股票代码   688516                            governance                                                        Constant Dedication                             Practices
      Directors and Board of Directors
TheCompanyhasconvenedthemeetingsofBoardofDirectorsinlinewiththerequirementsoftheArticlesofAssociation,RulesofProcedurefortheMeetingsofBoardofDirectors,and
                                            ’s directors have actively attended the meetings of Board of Directors and special committees and shareholders
other relevant laws and regulations. The Company                                                                                              ’ meetings to master
relevantlawsandregulations,understandtheirrights,obligationsandresponsibilitiesasdirectors,andsafeguardthelegitimaterightsandinterestsofallshareholders.Mea
AuditCommittee,StrategyandESGCommittee,NominationCommittee,andRemunerationandAppraisalCommitteeundertheBoardofDirectorshaveful_lledtheirresponsibilitiesin
linewiththerequirementsoftheWorkingRulesfortheAuditCommittee,theWorkingRulesfortheStrategyandESGCommittee,theWorkingRulesfortheNominationCommittee,and
the Working Rules for the Remuneration and Appraisal Committee. During the reporting period, the Company convened a total of 23 meetings of Board of Directors that reviewed 82
proposals.TheBoardofDirectorscomprises9directors,including3independentdirectorsand2femaledirectors.
      Meetings of Board of Directors          Reviewed proposals                              No. of directors                   No. of independent directors       No. of female directors
       Supervisors and Supervisory Board
The Board of Supervisors, comprising 3 supervisors, earnestly performs its duties in accordance with the Articles of Association, Rules of Procedure for the Board of Supervisors, an
other relevant laws and regulations. The Board of Supervisors supervises the’s
                                                                             Company
                                                                               _nance, major asset restructuring, related transactions, and compliant performance of duties
bythedirectorsandexecutives,inabidtosafeguardthelegitimaterightsandinterestsoftheCompanyandshareholders.
TheCompanyconvened2meetingsoftheBoardofSupervisorsin203thatreviewed71proposals.
                      No. of supervisors                                        Meetings of the Supervisory Board                               No. of reviewed proposals
                                 Independent R&D     Solid Foundation      Good Faith           Priority to Safety     Contribution to       Close Cooperation       Green Development           Appendices
                                  ATW Innovation      Characteristic    Greater Prosperity      Focus on Quality           Society           Win-win Outcomes           Low-carbon
             股票代码   688516                             governance                                                    Constant Dedication                                  Practices
     PROTECTION OF SHAREHOLDERS’ RIGHTS
     AND INTERESTS
           Investor relations management                                                                                             Information disclosure management
     In the principles of compliance, equality, initiative, and honesty and integrity as stipulated in the PGuidelines
                                                                                                               In strict compliance with the Company Law, the Securities Law, the
     for the Investor Relations Management of Listed CompaniesQ, we have formulated the PInvestor Relations
                                                                                                        Measures for the Administration of Information Disclosure by Listed
                                                ’s communication with investors and potential investors,
     Management SystemQ to strengthen the Company                                                   Companies, Rules Governing the Listing of Stocks on the STAR Market
     e^ectively protect the legitimate rights and interests of investors, especially the broad public, andof
                                                                                                          establish
                                                                                                             the Shanghai
                                                                                                                    a     Stock Exchange, Articles of A ssociation, and other
     long-term,stableandharmoniousrelationshipbetweentheCompanyandinvestors.                                                  relevant regulations, Autowell has formulated internal control syst
     During the reporting period, we have actively communicated with investors on statutory information
                                                                                                 such as the
                                                                                                          forPManagement System for Information DisclosureQ and the
     disclosure, corporate development strategy, operation and management information, and corporatePManagement
                                                                                                    culture     System for Suspension and Exemption of Information
                                                                                   ’s environmental, social DisclosureQ, stressing the quality and standardized procedures fo
     development. Meanwhile, we took the initiative to make public more of the Company
     andgovernanceinformation,sothattheinvestorscouldknowmoreaboutAutowellfrommultipleperspectives
                                                                                           information disclosure to ensure the truthful, accurate, complete, timely
     anddimensions.                                                                                                           and fair disclosure of major information. Meanwhile, we aim to ensure
                                                                                                                              that all shareholders have fair access to information, all stakehold
                                                                                                                                                               ’s operation and progress of
                                                                                             Online
                                                                                                                              could promptly understand the Company
                             Offline communication                                           communication
                                                                                                                              major events, and the legitimate rights and interests of investors ar
                                                                                                                              protected.
                             Shareholders’ meeting                                           Companywebsite
                                                     ’ meetings,
                             Performancebrie_ngs,analysts                                    Telephoneandemail                             2023
                             on-sitevisits,roadshows                                         consultation
                             Mediainterviews,pressconferences                                SSEInfoE-platform
                                                                                                                                                           No. of Disclosure Notice
                                                                                                                                                               Disclosure Rating
          No. of investors
             received
                                            E-platform
                                           interactions
                                                                No. of performance
                                                                     briefings
                                                                                             No. of phone calls
                                                                                              from investors
                                                                                                                                                                      A
                                                                                                                                                  Penalties relating to information disclosure
                                                                                                                                                                 None
                     Independent R&D    Solid Foundation      Good Faith        Priority to Safety     Contribution to     Close Cooperation   Green Development          Appendices
                      ATW Innovation     Characteristic    Greater Prosperity   Focus on Quality           Society         Win-win Outcomes       Low-carbon
     股票代码   688516                        governance                                                 Constant Dedication                            Practices
       Sustained shareholder returns
                                                                                                     ’s IPO, we have formulated a cash dividend plan in strict accordance
While focusing on our own development, we attach great importance to shareholder returns. Since the Company
withtheCompany ’sArticlesofAssociation,enablingshareholderstobene_tfromtheCompanyOsdevelopmentandpromotingtherationaldevelopmentofcapitalmarket.
             Shareofcashdistributionsintheyearlypro_tsover                                                  Amountofcashdistributionoverthelastthreeyears
                          thepastthreeyears
                                                                                                CNY157,872,000             CNY245,942,100             CNY 448,184,300
       Protection of creditors’ interests
In the principle of Pintegrity and honestyQ, the Company has formulated the PRules on the Meetings of Convertible Corporate Bond HoldersQ and highly values the protection
          ’ legitimate rights and interests. In 203, apart from raising funds from commercial banks, the Company publicly issued convertible corporate bonds worthy of CNY 14
of creditors
million to unspeci_ed entities, in a bid to further improve the corporate R&D capabilities, enrich product lines, optimize product portfolio, upgrade capital structure, enhanc
resistance,andenhanceoperationalstabilityandsustainability.
Asof31December203,theinvestmentsinrelevantprojectsaremakingprogressasplanned.AccordingtotheCSCIPengyuanCreditRatingReport,theCompanywasratedatAA-for
strictlyobserving_nancialcreditpoliciesanddisciplinesandpromptlyful_llingresponsibilitiesandobligationsofadebtor.
                                  Independent R&D        Solid Foundation              Good Faith             Priority to Safety        Contribution to         Close Cooperation        Green Development             Appendices
                                   ATW Innovation         Characteristic            Greater Prosperity        Focus on Quality              Society             Win-win Outcomes            Low-carbon
                 股票代码   688516                             governance                                                                 Constant Dedication                                     Practices
     INTERNAL CONTROL AND RISK MANAGEMENT
                                                                       ’ssustainable
     Autowellregardsinternalcontrolandriskmanagementasanimportantpartofthe Company                                                                 ’s
                                                                                     development.Duringthereportingperiod,wehavefurtherimprovedtheCompany
     productionandoperationcompliancesystems,formulatedthePInternalAuditSystemQandothersystemdocuments,andstandardizedthecompliancemanagementprocess.
             Internal control system
     In accordance with the requirements of relevant laws and regulations, Autowell has put in place a sound internal control system and the essential internal supervision mec
     corporatelevelandforallprocesses.Wehaveactivelycarriedoutriskcontrol,authorizationandapprovalcontrol,thecontrolofincompatibledutyseparation,and_nancialbu
     wellasregularself-evaluationofinternalcontrol.
                                           ’s internal control mechanisms functioned e^ectively, with no major or material defects in _nancial or non-_nancial internal control,
     During the reporting period, the Company
     rationalguaranteeforthecomplianceofcorporateoperations,assetsafety,aswellasthetrueandcompletedisclosureof_nancialreportsandrelatedinformation.
             Risk management system
     Risk management goals                     Protect corporate assetsImprovedecision-makingcapacityPromotebusinesscontinuityEnsurecompliancewithlawsandregulations
          Threelinesofdefense                                                                                                                                        Riskwarningmeasures
     Buildingonacomprehensive                                                           1    Functional departments
                                                                                                                                                                     To scientifically and accurately identify, evalua
     risk management organiza
                          -                                                                  A s the first line of defense for risk management, each functional
                                                                                             department should start from combing through their respective business
                                                                                                                                                                                              and predict the Company ’s major compliance risks,
     tional system, the Company
                                                    First line of defense                    p r o c e s s e s , e v a l u a t e b u s i n e s s r i s k s u n d e r t h e g u i d a n c e o fwte
                                                                                                                                                                                                h ec
                                                                                                                                                                                                   R iosn
                                                                                                                                                                                                        k duct in-depth review and evaluation      of
     has clari_ed the positioning                                                            ManagementDepartment,andranktherisksbythedegreeofimportance.
                                                                                                                                                                     compliance risks in various business sections, closely
                                                                                            Securities Investment Department
     and responsibilities of each
     functional department, the
                                                   Second line of defense                                                                                            compliance policies, and form a major risk database
     B o a r d S e c r e t a’ sr y
                                 Office,                                                                                                                      ’s
                                                                                            As the second line of defense for risk management, the Board Secretary
                                                                                                                                                            and early warning indicators. We have conducted
                                                                                            Office follows the established risk response strategies and management
     the Risk Control and Audit
                                                                                            measures to conduct inspections and reviews of the risk management
                                                                                                                                                          dem               onstrations on quantitative indicato
                                                    Third line of defense
     Department, and other                                                                  situation and response capabilities, evaluate the effectiveness of risk
                                                                                                                                                                     qualitative indicators, and early warning thresholds
     departments in the risk                                                                management of major responsible departments, provide professional
                                                                                            guidance,andfollowupontheprogressofrecti_cations.                        for risks in market, finance, strateg y, operations,
     managementsystemtosafe
                                                                                                                                                                     l ega l a n d ot h e r m o d u l e s . W e h a ve st re n g t h e n e d
     g u a rd t h e P t h re e l i n e s o f                                3
                                                                                Risk Control and Audit Department                                                    compliancegovernanceinkeyareas,doneagoodjob
     defenseQ for risk manage
                           -                                                    As the third line of defense for risk management, the Risk Control and Audit Department
                                                                                                                                                                     in early warning and response to compliance risks,
     ment.                                                                      supervises, evaluates and issues reports on the risk management in line with relevant
                                                                                                                                                               and
                                                                                regulations and the e^ectiveness of the risk management by functional departments, withspeci_ed responsibilities of various departments
                                                                                referencetotheeconomicresponsibilityaudits,internalcontrolauditsorspecialfor risksmanagement.
                                                                                                                                                         audits.
                          Independent R&D          Solid Foundation              Good Faith          Priority to Safety           Contribution to       Close Cooperation        Green Development        Appendices
                           ATW Innovation           Characteristic            Greater Prosperity     Focus on Quality                 Society           Win-win Outcomes            Low-carbon
         股票代码   688516                               governance                                                                 Constant Dedication                                   Practices
ANTI-CORRUPTION AND ANTI-BRIBERY
                                                                                                                                                            ’
The Company has consistently abided by national laws, regulations and rules on combating corruption and upholding integrity, standardized the business operations and empl
conducts, reinforced integrity- related risk prevention and control, and carried out anti- corruption activities regularly, thereby creating a favorable env
development.
        Integrity system building                                                                                          Anti-corruption and integrity training
The Company upholds business ethics, strictly                                                                   The Company regularly carries out publicity activities, training sessions, and w
observes laws and regulations, including the PLaw                                                               education among all employees to combat corruption, in addition to a variety of integri
forCounteringUnfairCompetitionQandthePInterim                                                                   educationactivities.
Provisions on the Prohibition of Commercial
BriberyQ,andadoptsazero-tolerancepolicyagainst
commercialbriberyinallforms.                                                                                              The Company organized employees to study “Conflicts of Interest Management System”,
                                                                                                                          engaging over 500 employees.
In 2 0 2 3 , the Company successively unveiled the                                                                        The Company held two training sessions on the “Anti-Fraud and Reporting Management System”,
PAnti-Fraud and Reporting Management SystemQ,                                                                             “Regulations on Reporting and Handing Over the Gifts and Cash Gifts”, and “Autowell Red Lines
                                                                                                                          for Business Integrity”, engaging more than 50 employees.
PConflicts of Interest Management SystemQ,                                                                                The Company provided themed lectures on prevention of duty-related crime risks among
                                                                                                                          employees, attended by more than 80 employees.
PRegulations on Reporting and Handing Over the
Gifts and Cash GiftsQ, and PAutowell Red Lines
                                                                                                                             Effective reporting channels
fo r B u s i n e s s I n teg r i t y Q , l a y i n g t h e i n st i t u t i o n a l
foundation for combating corruption and upholding
integrity.
                                                                                                                 We encouraged our employees and related external parties to report the fraud or relevan
       Develop the culture of combating corruption
                                                                                                                 cases of employees via the above reporting channels. We have set up reporting channels,
       and upholding integrity
                                                                                                                 including email, corporate website, official WeChat account, and mailing. Meanwhil
                                                                                                                 we have prioritized the confidentiality of reporting information, combined with releva
                                                                         systemstospecifymeasurestoprotectthewhistleblowersandstrictlyforbidretaliation
Autowell advocates honesty, trustworthiness, integrity, and self- discipline among
employees,whilemakinge^ortstodevelopacultureofintegrityandacleanandupright
                                                                                                                          Reporting to Discipline Inspection Department:
corporateenvironment.
                                                                                                                                                                                           Reporting to the chairman:
     On 15 June 2023, the “Integrity in Autowell” official WeChat account was created. The number                 Corporate website: https://www.wxautowell.com/about/message
     of subscribers has exceeded 1,000. We posted 20 articles through the account, covering holiday               WeChat official account: Integrity in Autowell (WeChat ID:
     reminders on integrity, interpretation of the Company’s systems, articles on the prevention of               lianjieATW)                                                            Email: jubao@wxautowell.com
     corporate duty-related crimes, publicity of Integrity Publicity Month, and knowledge contests, in            Mailing address: Discipline Inspection Department, Wuxi Autowell
     a bid to facilitate the sound and steady development of the Company.                                         Technology Co., Ltd., No. 3 Xinhua Road, Xinwu District, Wuxi City,
     During the Integrity Publicity Month in December 2023, the Company organized three themed                    Jiangsu Province
     activities in the forms of essay writing, knowledge contest, and lectures.
                                 Independent R&D     Solid Foundation        Good Faith        Priority to Safety             Contribution to             Close Cooperation             Green Development                Appendices
                                  ATW Innovation      Characteristic      Greater Prosperity   Focus on Quality                   Society                 Win-win Outcomes                 Low-carbon
                 股票代码   688516                         governance                                                           Constant Dedication                                              Practices
 PARTY BUILDING
 Autowell is committed to strengthening the’s
                                            Party                                                                ’s Party branches have given full play to their central and leading
                                              leadership in promoting and improving corporate governance. The Company
                                                                                                                                                    ’s thesuperiorb
 roleinpoliticala^airstowardsthegoalofPstandardizingPartybuildingandenhancingthecapabilitiesofPartyorganizationQ.Meanwhile,wehaveearnestlycompliedwith
 requirements on Party building, stepped up innovation, further promoted the scienti_c, standardized and institutionalized development of the Party branches, thereby giving better pl
 criticalroleofPartyorganizationsandthevanguardandexemplaryroleofPartymembers.
              Institutional building                                                                                                                CPC Party Committee
     The corporate Party branch was established in 2 0 1 6 and elevated to a Party
                                                                                                                                                                Discipline
     committee in 2017. We have been committed to cultivating high-caliber talents
                                                                                                                                                                                           Publicity                   Organization
                                                                                                                                    Deputy                     inspection
     from among employees to be Party members and promoting them into leaders,                    Secretary: 1                                                                           Committee: 2                  Committee: 2
                                                                                                                                  Secretary: 1                committee: 1
                                                                                                                                                                                          members                       members
                                                                                                                                                                member
     whilepassingontheParty-buildingideastoallsta^.
     The Party committee currently comprises 4 Party branches (the 1st branch mainly
     consists of R& D personnel, the 2 nd branch of engineering service personnel,                     1st Party branch                    2st Party branch                  3st Party branch                  4st Party branch
                                                                                                                                              Engineering                           Functional                   Manufacturing
                                                                                                        R&D personnel                      service personnel
     the 3 rd branch of functional personnel, and the 4 th branch of manufacturing                                                                                                  personnel                     personnel
     personnel)and8Partygroups,withatotalof139Partymembers.
                                                                                                      ①                 ②                ③                ④              ⑤                    ⑥             ⑦                 ⑧
                                                                                                   Party group
                                                                                                                    Party group
                                                                                                                                                       Party Group
                                                                                                                                                                      Party Group
                                                                                                                                                                                           Party Group
                                                                                                                                                                                                         Party Group
                                                                                                                                                                                                                           Party Group
                                                                                                                                      Party group
 Party members have played a pioneering and exemplary role, inspired positivity,
                                                                            IntegrationofPartybuildingwithcorporatebusiness
 and contributed to an enterprising working environment in their posts across
 various departments. During the reporting period, we have convened 6 Party
 member meetings, 1 3 Party branch committee meetings, and 1 2 Party group                          To create a Party-building atmosphere in the patriotic workshop, Autowell set up the Fourth
                                                                                                    Party Branch—Manufacturing Department. As such, we build the Party branch on the front
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 meetings.
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        Party building activities
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a New Era and the guiding spirit of the 20th CPC National Congress, in combination with in-depth themed education. Meanwhile, we have made solid progress in the activities of PYear of Capacity
andConductImprovementQandPStandardizedPartyBranchBuildingQandcarriedoutinnovativeactivitieslikePbrandcreationQandPpairedPartybuildingQ,inabidtostrengthenthese
ofresponsibilityandfurtherenhancethecriticalroleofPartybranchesandthevanguardandexemplaryroleofPartymembers.
Themed education programs                                                                                                                                                 Party-building alliance activities
We ’ve made solid progress in themed                                                                                                                                      In the principles of joint Party- building, joi
education, incorporating PXi Jinping:                                                                                                                                     pursuit for excellence and common progress of
TheGovernanceofChinaIVQPSelected
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ReadingsfromtheWorksofXiJinpingQ,                    Themed Party Day                                                             Visits to revolutionary                 has signed Party-building alliance responsibilit
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and General Secretary Xi Jinping                     activities                                                                   bases                                   letters with relevant enterprises and institution
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portant speeches into the study plan for                                                                                                                                    Through daily work exchanges in Party building,
                                                      By integrating the themed                                                       To carry forward the tradition
the branch Party committees. Based on                                                                                                                                       we have developed a new Party-building pattern
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the system of Pholding Party branch                                                          The Company is committed to                                                    featuring Pjoint construction and management,
                                                      the Compan              ’ sy c o r e                                            great spirit of persistence and
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branch committees, Party group meet            -                                             education for cadres and- em                                                   mentQ.
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ings, and Party lecturesQ, coupled with                                                      ployees through the official                                                   During the reporting period, the Company and
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the themed Party Day activities, we con          -                                           W e C h at a cco u n t . D e d i cate d                                        the alliance units successively held large- sc
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The Company distributed books such                                                           promptinformationdisclosure                                                    anti- corruption education activity themed on
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as PSelected Readings from the Works                                                         and updates. In addition, we                                                   integrity,andtheactivitytoenhancethesenseof
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of Xi JinpingQ and PAnswers to ?––                                                           h a v e b u i l t a Pa r t y - b u i l d i n g                                 national security themed on PFollow the histori               -
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Questions about the Report of the ?–th                                                       activity       room,  revolutionar            y                                calfootprintstoexperiencethestormyjourneyQ.
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CPC National CongressQ to all Party                                                          workshops,andParty-building
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members and strengthened the assess                -                                         publicity bulletin to create a
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ment m e c h a n i sm fo r Par ty me mbe rs                                                  g r e a t a t m o s p h e r e f o r Pa r t y
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and cadres ’ daily study. By now ?· party                                                    building.
members and cadres have passed the
assessment.
                              Independent R&D   Solid Foundation      Good Faith        Priority to Safety     Contribution to     Close Cooperation     Green Development    Appendices
                               ATW Innovation    Characteristic    Greater Prosperity   Focus on Quality           Society         Win-win Outcomes         Low-carbon
              股票代码   688516                       governance                                                 Constant Dedication                              Practices
           Improve Party conduct and corporate integrity
     We have always attached great importance to prevention of violations of Party conduct and government integrity, while striving to create a clean and upright working environ
     Company conducted warning education through typical real-life cases of combating corruption and upholding integrity to enhance the persuasiveness and effectivenes
     disciplineeducation.
                                                     Strengthen                                    Carry out in-                                     Improve
           Address root
             causes                  01          oversight over and             02                depth integrity              03                transparency in             04
                                                 restraint on power                                 campaigns                                      Party affairs
      We organized lectures and held
                                                  We strictly uphold the principle
      face- to- face talks on integrity,
                                                  of democratic centralism. All the
      organized sta^ to watch videos                                                            All Party members signed a- let                 We develop intra- Party democracy
                                                  three categories of major issues
      on anti-corruption for three                                                              ter of commitment to integrity                  and strengthen intra- Party supervi
                                                  and the issues involving large
      times, and kept abreast of the                                                            to further strengthen the
                                                                                                                        - pre                  sion for Party members to better-un
                                                  funds are subject to collective
                                                                             -    dis
      work and life conditions of mid
                                  -                                                             vention and control of integri
                                                                                                                        -                       derstand and engage in intra- Party
                                                  cussion for decision making. The
      dle managers and executives,                                                              ty-relatedrisks.                               a^airs.
                                                  branch Party committee held four
       so as to ensure unwavering
                                                  meetingstodiscussmajorissues.
      awarenessofintegrity.
GOOD FAITH
GREATER
PROSPERITY
                                ’sdevelopment.
Employeesarefundamentalforanenterprise
Upholding the people philosophy of PActing in Good
Faith for Shared Prosperity, Q Autowell opens its arm to
        ’ s bright minds and empowers them to fully tap
the world
into their potential and realize their aspirations. We have
relatively complete human resources management systems
for employee rights and interests, employee development,
employee care, and workplace safety. We make continued
efforts to attract and train talents, improve employee
benefits, protect employee rights and interests, promote
employee development, and enhance team building, so that
employeescangrowwiththeCompany.
SDGs
  Good health      Quality     Gender equality   Decent work
  and well-being   education                     and economic
                                                 growth
                                                                Employment equity and diversity
                                                                Protection of employee rights and interests
                                                                Promoting employee development
                                                                Care for employee well-being
                                                                Protection of employee health and privacy
                              Independent R&D      Solid Foundation       Good Faith            Priority to Safety     Contribution to        Close Cooperation       Green Development         Appendices
                               ATW Innovation       Characteristic     Greater Prosperity       Focus on Quality           Society            Win-win Outcomes           Low-carbon
                                                     governance                                                      Constant Dedication                                   Practices
              股票代码   688516
      Performance by the Numbers
          Employment
     Total headcount as of the end of the reporting period                        Labor contract signing rate                              Number of new hires in 2023
          Bene_ts
     Number of employees offered                   Percentage in total                                                                      Coverage of additional commercial insurance for
     restricted stock units                        number of employees                                                                      employee and one child
          Promotion
     Number of employees who got a                  Promoted to team leader                              Promoted to management                            Promoted to higher technology role
     promotion in 2023
          Training                                                                                              Health
     Employee training expenditures                    Total training hours                               Coverage of physical checkups for                 Incidence of occupational disease
                                                                                                          employees
     RMB13,269,000                                      55,000                                           100         %                                      0     %
                         Independent R&D                Solid Foundation      Good Faith              Priority to Safety       Contribution to      Close Cooperation         Green Development             Appendices
                          ATW Innovation                 Characteristic    Greater Prosperity         Focus on Quality             Society          Win-win Outcomes             Low-carbon
                                                          governance                                                         Constant Dedication                                   Practices
         股票代码   688516
EMPLOYMENT EQUITY AND DIVERSITY
                                                                                                               ’s Republic of China, the Law of the People’s Republic of China on the
Autowell strictly complies with the Labor Law of the PeopleOs Republic of China, the Labor Contract Law of the People
ProtectionofRightsandInterestsofWomen,andotherpertinentlawsandregulations.Weupholdequalityintheworkplace,resolutelyavoidchildandforcedlabor,andopposeanyf
discrimination. The Company constantly improves internal systems and regulations, provides an equal and open platform for the development of employees regardless of their ge
nationality,andethnicgroup,andstrivestobuildasharedhomewhereourpeopleworktogethertorealizetheirambitions.
Performance in diversity
                             Gender                                                                        Age                                                                Education
            Number of male            Number of female                           ≤ 30                 31–40                        > 40               PhD          Master’s         College       Junior      Under
            employees                 employees                                                                                                       degree       degree           degree        college     junior
                           Professionals                              Financial personnel                                                           Other
                                                                      R&D personnel                                           19.37%
                                                                                                                           roportion of female      Number of                  Number
                                                                                                                           managers                 ethnic minority            of foreign
                                                                                                                                                    employees                  employees
    Recruitment
   In line with the principles of fairness, impartiality, and openness, we established a sound recruitment
   system and constantly improved internal documents on the recruitment of experienced hires, campus                                                           Number of recent               Number of new
   recruitment, and internal recruitment. We have diverse recruitment channels such as online recruitment,                                     During the      student hires                  experienced hires
                                                                                                                                               reporting
   campus recruitment, onsite recruitment, headhunting, school-enterprise cooperation, internal                                                period:
   recommendation, and social media recruiting so as to bring in multidisciplinary talent meeting the needs                                                    130                            2,000
   of our business development.
                             Independent R&D            Solid Foundation          Good Faith               Priority to Safety        Contribution to          Close Cooperation        Green Development             Appendices
                              ATW Innovation             Characteristic        Greater Prosperity          Focus on Quality              Society              Win-win Outcomes            Low-carbon
                                                          governance                                                               Constant Dedication                                      Practices
             股票代码   688516
     PROTECTION OF EMPLOYEE RIGHTS AND INTERESTS
     Autowelladherestothecompensationmanagementconceptthatvaluespeopleandemphasizesperformance.Weworktodevelopfair,transparent,andrationalcompensationand
     bene_ts systems where employees are paid based on their performance and contributions, and better bene_ts are o^ered to attract and retain talent and enhance team cohesion
     andourcorecompetitiveness.
           Compensation system
     We seek to build a competitive compensation system where a compensation framework is built on the value of posts and skill levels through post classi_cation and post val
     evaluationmethodology,andvariablecompensationisdeterminedbasedonemployeeperformance.Inaddition,weimplementdynamiccompensationmanagement,forexample,
     givingraisesforpromotionsandskillimprovement.
           Benefits system
     Duringthereportingperiod,theCompanycontinuouslyimprovedvariousbene_tsmanagementsystems,standardsand,processestomakebestuseofbene_ts.
                                        Insurance
                                        The Company pays five social insurance premiums (pension, medical insurance, unemployment insurance, maternity insurance, work injury insurance) and the housing
                                        provident fund for employees who have signed official labor contracts. On top of that, the Company provides additional commercial insurance for the employee and one
                                        child of theirs.
                                                 Flexibleworking
                                                The Company implements a flexible working system. Particular departments allow flexible work arrangements, while other departments work on an eight-hour
                                                schedule. Arrangements for the weekends and public holidays conform to applicable laws and regulations.
                                                     Holidayentitlement
                                                      In addition to statutory holidays and leaves, the Company offers additional paid annual leave and paid sick leave to eligible employees. It also provides parental
                                                      leave, only-child care leave, incentive leave, and overseas family member employment leave and sees to it that employees are entitled to rest breaks and leaves.
                                                Shuttleservice
                                                In order to help employees commute to and from work conveniently, the Company offers a wide range of shuttle bus routes plus travel allowances.
                                    Subsidies
                                    Airtime stipend, ravel allowance, and other subsidies are available.
        Education benefits for employees’ children
        To grow together and share fruits of development with employees, the Company pays high attention to the education of employees’ children so employees
        and their family can prosper. In the autumn of 2023, through school-enterprise cooperation, the Company introduced the high-quality educational resources
        and teachers of Jinqiao Education Group in Wuxi to carry out activities aimed at promoting the well-rounded development of employees’ children.
                    Independent R&D   Solid Foundation      Good Faith         Priority to Safety       Contribution to     Close Cooperation      Green Development      Appendices
                     ATW Innovation    Characteristic    Greater Prosperity    Focus on Quality             Society         Win-win Outcomes          Low-carbon
                                        governance                                                    Constant Dedication                               Practices
    股票代码   688516
     Employee incentives
The Company recognizes the contributions of employees and gives incentives to outstanding employees in di^erent positions such as sales, R&D, and operations through equit
incentivesandcashincentives.
人 Equity incentives to boost employee enthusiasm
   In order to further improve its long-term incentive mechanism, attract and retain high-caliber talent, and inspire the enthusiasm and creativity of core personnel,
   Autowell launched a restricted stock unit scheme for 2023 during the reporting period.
   Scope of the incentive scheme: The Company planned to award restricted stock units (RSUs) to 1,283 employees for 2023, accounting for 26.55% of the total
   employees (4,832 as of December 31, 2023).
   Total RSUs awarded: The Company planned to award 756,214 RSUs to select employees, accounting for about 0.49% of the total amount of the share capital
   (15,4827,300) at the time when the scheme was announced.
   Number of recipients of RSUs                Percentage in total number of                        As of December 31, 2023                         Total RSUs awarded
                                               employees
      Democratic rights
                                                          ’ right to know, participate, express, and
We actively implement domestic management and safeguard employees                                  - su
pervise. In order to better regulate internal communication management, provide smooth communication channels for
                                                      ’s corporate culture and strategic objectives,- we updat
employees, and e^ectively convey and implement the Company
ed and released the Employee Handbook (?–?·) in accordance with pertinent laws and regulations, established diverse
                                                                                                   ’s
communication channels between management and employees, gathered opinions from employees on the Company
operationsandmajormattersconcerningemployeeinterests,helddemocraticconsultations,andtookmeasures
                                                                                          -      topro
tectemployeerightsandinterests,inspiretheirenthusiasmandcreativity,andstrengthenscience-basedmanagement.
                                                                                                                                                Suggestionboxinoacearea
                                Independent R&D          Solid Foundation        Good Faith             Priority to Safety      Contribution to     Close Cooperation   Green Development         Appendices
                                 ATW Innovation           Characteristic      Greater Prosperity        Focus on Quality            Society         Win-win Outcomes       Low-carbon
                                                           governance                                                         Constant Dedication                            Practices
                股票代码   688516
     PROMOTING EMPLOYEE DEVELOPMENT
     TheCompanyo^ersanenablingenvironmentforemployeedevelopmentandorganizesvarioustrainingprogramssuchastrainingonspecializedskills,managementskills,employeehe
               ’s education according to the characteristics and needs of di^erent posts. The Company implements a dual-sequence career development scheme to facilitate persona
     and children
     developmentofemployees.
     In order to encourage employees to upskill themselves, the Company o^ers reimbursements to employees if they are granted post-related vocational quali_cations certi_cates, suc
     Chartered Institute of Procurement and Supply (CIPS) certi_cation and the Project Management Professional (PMP) credential. Guidance is also provided to help employees develop caree
     developmentplans.
            Employee training
                                                                                                                                    ’sThe
     Autowell has a personalized training system and provides targeted training programs according to the needs of di^erent employees. online
                                                                                                                                          Company
                                                                                                                                              learning platform o^ers a wealth of
     resourcestohelpemployeesbroadentheirhorizon.
        Target trainees                                                                                                Training content
                                         Provide induction training, occupational safety training, corporate culture training, and skills training on a regular basis to help new comers fit in as soon as
       New experienced                   possible, learn about corporate culture, get familiar with the Company’s operation and management models and various rules and regulations, and improve
            hires
                                         their professional qualities, thus laying a solid foundation for doing their jobs.
        Recent graduate                  The “Qingsong Program” for recent graduates aims to help them get a comprehensive understanding of the Company, improve their professional qualities,
             hires                       and ensure smooth transition from campus to corporate life.
            Current                      Carry out special upskilling programs regularly according to business needs; organize open lecturers or seminars based on business scenarios; and provide
           employees                     abundant learning resources on the online learning platform for employees to learn by themselves.
                                         Organize a series of courses on manager role transition, how to discover and use the right people, strategy decoding, target management and plan execution,
          Management
                                         coaching leadership, high-quality decision-making, team canvas, and other topics for supervisor- and manager-level personnel, so as to upskill managers at
           personnel
                                         different levels and serve the Company’s business development.
                                         The HiPo Program for High-Potential Talent aims to select and cultivate high-caliber talent with a great potential, so as to build a talent pool and provide human
           Talent pool
                                         resources support for the sustainable development of the Company.
                                         The annual skill improvement camp for frontline team leaders is held both online and offline and involves the processes of learning, examination, and
         Frontline team                  evaluation. It offers special courses such as frontline production management, refined management, and quality management to improve the onsite
            leaders
                                         management ability of frontline team leaders.
                      Independent R&D   Solid Foundation       Good Faith        Priority to Safety       Contribution to      Close Cooperation     Green Development        Appendices
                       ATW Innovation    Characteristic     Greater Prosperity   Focus on Quality             Society          Win-win Outcomes         Low-carbon
                                          governance                                                    Constant Dedication                               Practices
      股票代码   688516
 HiPo Program: The 7 Habits of Highly Effective People sharing reading session
 Books can take us to the places where our feet can’t and present us what our eyes can’t see.
 Reading a book is like having a dialog with an intelligent person and dealing with a master. On
 July 25, 2023, Manager Yang Houzhong, head teacher of Class 01 of the HiPo Program, chaired a
 shared reading session, where colleagues from the class were gathered to share what they felt after
 reading the popular book The 7 Habits of Highly Effective People.
Training by the numbers
                                        Averagetraininghours Proportionofnewemployees                               Averagetraininghours                 ProportionofR&Dpersonnel
                                        fornewemployees      whoreceivedtraining                                    forR&Dpersonnel                      whoreceivedtraining
Trainingexpenditures
peremployee
 RMB3,000
                                        Averagetraininghoursfor                           Averagetraininghoursfor                                  Averagetraininghoursfor
                                        middle-levelmanagers                              seniorexecutives                                         femaleemployees
Traininghoursper
employee
                                        managerswhoreceivedtraining                       whoreceivedtraining                                      whoreceivedtraining
                                                                         Independent R&D           Solid Foundation      Good Faith                Priority to Safety        Contribution to          Close Cooperation       Green Development               Appendices
                                                                          ATW Innovation            Characteristic    Greater Prosperity           Focus on Quality              Society              Win-win Outcomes           Low-carbon
                                                                                                     governance                                                            Constant Dedication                                     Practices
                                                      股票代码   688516
                                                Promotion
     Autowell o^ers multi-dimensional talent development paths, endogenous career development paths, and customized skills matrices. The Company devises a career development pl
     eachemployeeandapromotionsystemforeachemployeetomeetthecommondevelopmentneedsofemployeesandthecompany.
       Dual-sequencecareerdevelopmentscheme
                                                     Management
                                                                                                                                                                                                                                                          Director
                                                                       Employees in the management sequence take on more                                                                                                    Manager
                                                                       responsibility to get a promotion and become a higher-                                                                Supervisor
                                                                                                                              Growthpath
                                                                       levelmanager.                                                                                    Sta^Member
                                                                      Employeessharpentheirskillsandaccumulateexperience
                                                     Specialist
                                                                      at speci_ed posts to grow into a specialist in a particular
                                                                      field. For the purpose of growing with employees, the
                                                                                                                                                                                                                                   SeniorSta^     PrincipalEngineer
                                                                      Company fully exploits various resources and conditions
                                                                                                                                                                                                                                    Engineer
                                                                      to provide training and development opportunities    Growthfor
                                                                                                                                  path                                             Middle-level SeniorEng(teer
                                                                      employeeshelpthemexerttheirpotentialcompletely.                                                                Engineer
                                                                                                                                                            JuniorEngineer
                                                M6                                                                                                                                                                                                      P12
                     Senior Manager
                                                                              M10                                                                                                                                                                       P11
                                                M5                                                                                                                                                                        P16
                                                                      Deputy General Manager                                                                                                                                               Senior Staff Engineer/Specialist
                                              Manager
                                                                                                                                                                                                  P19
                                                M4                             M9                                                                                                                                                                       P10
                                                                                                                                                                                                 Scientist
                                                                                                                                                                                                                          P15
     Deputy General Manager                                               Senior Director
                                                                                                    M11                         Management                    Specialist
                                                                               M8                                                                                                                 P18                     P14
                                                M3                                             General Manager
                                                                                                                                                                                                                                                         P9
                Senior supervisor                                            Director                                                                                                                                     Expert
                                                                                                                                                                                                  P17
                                                                               M7                                                                                                                                                                        P8
                                                 M2                                                                                                                                          Chief Expert
                                                                                                                                                                                                                          P13
                                                                           Vice Director                                                                                                                                                     Senior Engineer/Specialist
                                              Supervisor
                                                M                                                                                                                                                                                                        P7
         Associate Manager
                                                                                                                                           P1-P6
     Manager in an organization: Perform planning, organizing,                                                                                                                           Specialists: Specialists are the pivot of corporate development.
     leadership, control, and other functions to coordinate and lead                                                                                                                     They have an impressive educational background, rich professional
     team members towards meeting the set targets.                                                                                                                                       knowledge and experience, and a great capacity to learn.
                              Independent R&D               Solid Foundation            Good Faith          Priority to Safety        Contribution to      Close Cooperation       Green Development           Appendices
                               ATW Innovation                Characteristic          Greater Prosperity     Focus on Quality              Society          Win-win Outcomes           Low-carbon
                                                              governance                                                            Constant Dedication                                 Practices
              股票代码   688516
CARE FOR EMPLOYEE WELL-BEING
Autowellcaresforemployeesandemphasizeswork-lifebalance.Avarietyofemployeeactivitiessuchasbirthdayparties,holidayperks,teambuildingactivities,andpsychologicalco
                            ’ senseofbelongingandidentitywiththeCompany.
arecarriedouttoincreaseemployees
        Team building activities
Te a m b u i l d i n g a c t i v i t i e s a r e d e s i g n e d t o f o s t e r a
h ea l t h y, h a r m o n i o u s , p l ea s a n t , a n d p o s i t i v e w o r k
environment and further strengthen interdepartmental
communication, solidarity, and cooperation, enhance
team cohesion, and increase the work enthusiasm and
efficiency of staff. The Company organized a sports
                                                                                                                                        Sports carnival
carnivalinJune203.
        Interest activities
In order to enrich the life of
employees and improve their
senseofhappiness,theCompa-
ny sets up interest groups and
conducts internal and external
competitions, mountaineering,
                                                                                                  Autowell staff participate in a                                                                    Calligraphy club
                                                         Flower arrangement                                                                         Badminton competition
race walks, and sports meet
ings on a regular basis. Colorful                                                                 district-level sports meeting
activities are also carried out
to ce l e b rate t h e I n te r n
                                - at i o n
       ’s Day, the World
al Women
Reading Day, the Dragon Boat
Festival, the Qixi Festival, the
Teachers’ Day, the Mid-Autumn
Festival,andotherfestivals.
                                                              Baking                                 Basketball competition                        Table tennis competition                              Hiking
                                                       Celebrations on the                                   Sports meetings                                                   Interest activities
                                                   International Women’s Day
                             Independent R&D   Solid Foundation      Good Faith        Priority to Safety     Contribution to     Close Cooperation   Green Development   Appendices
                              ATW Innovation    Characteristic    Greater Prosperity   Focus on Quality           Society         Win-win Outcomes       Low-carbon
                                                 governance                                                 Constant Dedication                            Practices
             股票代码   688516
     PROTECTION OF EMPLOYEE HEALTH AND PRIVACY
            Occupational health and                                Precautionary measures for occupational diseases
            safety
     We strive to build a healthy and safe work environment
     for employees. Following the management policy of
     Phaving prevention as the main concern and
                                              - com                Educationand
     bining prevention with remedying,Q we improved the              trainingon         Invite experts in occupational disease prevention and control to provide training on- health mana
     occupationalhealthandsafety(OHS)management- sys                occupational        mentforemployeesandincreasetheirawarenessofoccupationalhealth.
     tems, implemented the system of responsibility for the           diseases
     prevention and control of occupational hazards, and
     took various measures such as occupational health risk
     assessment, risk management and control, personal                                  Carry out pre-job health checkups, regular on-the-job health checkups, health checkups when
     protection, publicity, and training to ensure
                                                - occupa                                leaving the post, as well as ad-hoc health checkups, and establish occupational health surveillan
     tionalhealthandsafetyforemployees.                           Internalhealth        records.
                                                                     practices          Periodically evaluate and update the occupational hazards, check the processes and production
                                                                                        equipment on a regular basis, promptly identify and evaluate the occupational hazards, and ensure
                                                                                        thatemployeeshavenooccupationalhealthrestrictionsoroccupationaldiseases.
                                                                    Periodicex-
                                                                   ternalassess
                                                                            -           Invite third-party organizations to conduct occupational health and safety assessments on a regul
                                                                       ments            basistoensureproductionsafety.
                                                                                        Carry out technical transformations for special types of work or post involving occupational
                                                                                                                                                                           -         ha
                                                                                        ardssoastominimizetherisk.
                                                                   Reducingex
                                                                            -           Ensure that the purchased personal protective gears, equipment, and facilities comply
                                                                                                                                                                           - with ap
                                                                   posuresinthe         plicableregulations,andaremaintainedandupdatedonaregularbasis.
                                                                     workplace          Continuously improve operations involving toxic and hazardous substances, dust, and noise to
                                                                                        reduceexposurestooccupationaldiseases.
         Autowell OHS management system accreditation
                      Independent R&D        Solid Foundation      Good Faith          Priority to Safety     Contribution to     Close Cooperation   Green Development            Appendices
                       ATW Innovation         Characteristic    Greater Prosperity     Focus on Quality           Society         Win-win Outcomes       Low-carbon
                                               governance                                                   Constant Dedication                            Practices
      股票代码   688516
      Emphasis on mental health
                           ’ mentalhealth.In?–?·,onlineandobinetrainingprogramsonmentalhealthwereheldtohelpemployeeslearntoseefromapsychological
Wepayhighattentiontoemployees                                                                                                                 -  perspec
tiveande^ectivelyprotecttheirmentalhealth.
                                 WorkplaceEmotionandStressManagement
  Thiscourse,whichstartedonJune?,?–?·,primarilytargetedsuper-                        Numberoftrainees
  visors,managers,andexecutiveswhofeltstressed.Atotalofüpeople
  voluntarilysignedupforthecourse.
                                        EmotionandStressManagement
  Thiscourse,whichstartedonDecember?,?–?·,primarilytargeted                          Numberoftrainees
  frontlineteamleadersandR&Dpersonnelwhofeltunderpressure.A
  totalof??attendedthecourse.
      Protection of employee privacy
Privacy protection is fundamental to mutual trust between a company and its employees. In accordance with pertinent laws
and regulations, Autowell has laid down stringent employee privacy protection systems, including the nondisclosure
                                                                                                        -          agree
ment,informationprotectionsystem,andthedatasecuritymanagementsystem.
                                                            ’ personal information and privacy are strictly managed
In terms of HR management, the Company ensures that employees
according to laws and regulations. With regard to IT system construction, the Company adopts strict information security
measurestoguaranteethesecurityandcon_dentialityofprivateinformationoftheCompanyandemployees.TheCompany
also provides training on employee privacy protection for the entire sta^ to increase their awareness of privacy protection
andcon_dentialityandcapacityforprivacyprotection.
Additionally,theCompanyestablisheshealthrecordsforemployeesworkingatpoststhatinvolvehazardousfactors
                                                                                              -      ofoccu
pationaldiseases,includingtheirworkexperience,previousdiseases,healthcheckreports,andpost-relatedinformation.
                                                                                                   -          Ev                                                          323031
ery employee has their exclusive medical record which is managed by dedicated personnel and may not be accessed by any
unauthorizedpersons.
PRIORITY TO
SAFETY
FOCUS ON QUALITY
At Autowell, product quality and production safety are
considered the Pballast stoneQ of corporate development.
In pursuing high- quality de velopment , the Company takes
solid measures to manage production safety, strictly control
product quality and project quality, strengthen customer service
mechanisms,andmaintainitsbrandvaluewithexcellentproduct
quality.
SDGs
     Responsible      Partnerships for
     consumption      the Goals
     and production
                                                                   Production safety management
                                                                   Product quality management
                                                                   Improving customer services
                      Independent R&D    Solid Foundation        Good Faith         Priority to Safety      Contribution to     Close Cooperation     Green Development       Appendices
                       ATW Innovation     Characteristic      Greater Prosperity    Focus on Quality            Society         Win-win Outcomes         Low-carbon
     股票代码   688516
                                           governance                                                     Constant Dedication                              Practices
   Performance by the Numbers
    Productionsafety
Sessions of production safety training                             Items included in production safety training                               Items rectified
    Productquality
                                                                   Our customer-oriented workshop boasted a continuous production capacity of over 35,000 pieces per day,
                                                                   ranking first among production bases worldwide, and the reworking rate stood within 1.2%.
Product pass rate
    Customerservice
Customer satisfaction                                               Number of customers who received training                               Total participants
Testimonials, banners, and trophies received from customers
                                                             Independent R&D                                           Solid Foundation                                              Good Faith                       Priority to Safety     Contribution to     Close Cooperation   Green Development       Appendices
                                                              ATW Innovation                                            Characteristic                                            Greater Prosperity                  Focus on Quality           Society         Win-win Outcomes       Low-carbon
                              股票代码     688516
                                                                                                                         governance                                                                                                        Constant Dedication                            Practices
 PRODUCTION SAFETY MANAGEMENT                                                                                                                                                                                                   Emergency handling
                  Organizations responsible for production
                                                                                                                                                                                                                         The Company places great emphasis on emergency management of accidents in production. In
                  safety
                                                                                                                                                                                                                         order to improve the ability to deal with risks and prevent accidents, ensure the safety and health
                                                                                                                                                                                                                         of employees as well as people living in surrounding areas, and minimize the property losse
                                                                                                                                                                                                                         environmental damage, and social impact caused by production accidents and environment
   Through the Job Description, the System of Responsibility for Production Safety,
                                                                                                                                                                                                                         emergencies, the Company has developed the System of Responsibility for Production Safety, the
   andothersystems,theCompanyspeci_esthesafetyproductionresponsibilitiesand
                                                                                                                                                                                                                         RegulationsonEmergencyHandling,andtheInternalReportingSystemforImportantInformation
   work norms of the general manager, department heads, team leaders, and frontline
                                                                                                                    based on its realities. A crisis response taskforce comprising the management, the Genera
   personnel. A top- down management model extending to the departmental level
                                                                                                                    Management Department, manufacturing centers, and the Finance Department is responsible for
   is formed, where trade unions and safety supervisors oversee safety production
                                                                                                                    promptly handling major events related to safety, environmental protection, and product qua
   m a n a ge m e n t , a n d 1 1 f u n ct i o n a l d e pa r t m e n ts s u c h a s t h e H u m a n Re s o u rce s
                                                                                                                    thatmayunderminetheCompany’simageandreputation.
   Department, the General Management Department, and the Product Management
                                                                                                                                                                                                                                 Production safety education
   Department implement safety production management and strictly perform safety
   productionresponsibilities.
                             OrganizationalstructureoftheProductionSafetyCommittee                                                                                                                                        According to China’s Law on Work Safety and production safety standards, Safety emergency
                                                                                                                                                                                                                          the Company has formulated a series of production safety management      drills
                                                                  ResponsibleParties
                                                                                                                                                                                                                          systems, de veloped a system of safety standards, the classified risk
                                                                                                                                                                                                                          management system, and the risk identification and prevention system,
                                                                                                                                                                                                                          and put up warning signs and posters on safety knowledge at workshops
                                                                                                                                                                                                                          and factories. Safety emergency drills are carried out on a regular basis to
                                                                                                                                                                                                                                                     ’sabilitytorespondtoemergencies.In203,      Totalparticipants
                                                                                                                                                                                                                          improveproductionpersonnel
                                                                                                                                                                                                                          the Company organized two emergency drills, which were attended by
                             Tradeunions                                                                                             Safetysupervisors
                                                                                                                                                                                                                          morethan50employees.
Department
Human Resources
              Department
              General Management
                               Department
                               Product Management
                                                    R&D centers
                                                                  Manufacturing centers
                                                                                          Department
                                                                                          Engineering Ser vices
                                                                                                                  Sales Department
                                                                                                                                     Finance Department
                                                                                                                                                          Department
                                                                                                                                                          Strategic Procurement
                                                                                                                                                                            Department
                                                                                                                                                                            Process and Information
                                                                                                                                                                                                 Department
                                                                                                                                                                                                 Quality A ssurance
                                                                                                                                                                                                                                                                         Safety
                                                                                                                                                                                                                                                                      emergency
                                                                                                                                                                                                                                                                          drill
                      Independent R&D   Solid Foundation              Good Faith         Priority to Safety     Contribution to     Close Cooperation     Green Development          Appendices
                       ATW Innovation    Characteristic            Greater Prosperity    Focus on Quality           Society         Win-win Outcomes         Low-carbon
      股票代码   688516
                                          governance                                                          Constant Dedication                              Practices
          Performancebythenumbers
 Three-levelsafetytrainingsystem           Forkliftoperation                                  Emergencyrelief                                 Manufacturingandlogisticssitesafety
                                                                                                                                              management(monthly)
 Sessions of training for new hires        Sessions of training for forklift operators        Sessions of ad-hoc training for employees       Sessions of training for manufacturing and logistics
                                                                                                                                              departments
 Hours of training for new hires           Hours of training for forklift operators             Hours of ad-hoc training for employees          Hours of training for manufacturing and logistics
                                                                                                                                                departments
EHStraining                                                        Productionsafetytraining                                               Logisticsoperationsafetytraining
                                Independent R&D       Solid Foundation          Good Faith          Priority to Safety      Contribution to      Close Cooperation          Green Development         Appendices
                                 ATW Innovation        Characteristic        Greater Prosperity     Focus on Quality            Society          Win-win Outcomes              Low-carbon
             股票代码   688516
                                                        governance                                                        Constant Dedication                                    Practices
     PRODUCT QUALITY MANAGEMENT
                                                                           A sound
     Autowell strictly complies with the Law on Product Quality and other laws  andquality responsibility system and a three-level quality commitment mechanism
     regulations,adherestothequalitymanagementconceptthatPQualityiscriticaltoare
                                                                             theinplace.
     Company, just as the water that bears the boat is the same that swallows it up.Q All
     employees follow the PThree NosQ principle of quality management. The Company                                                  Three-levelqualitycommitmentmechanism
     implements the plan-do-check-act (PDCA) model for quality assurance, has established
     a full- process quality management mechanism from supply chain management to
     aftersalesservice,andseestoitthatqualityresponsibilityineachprocessisful_lled.
                                                                                                                         Level1
                                                  No                                 Nodelivery
       PThreeNosQprinciple                   nonconforming     Nodefective           ofdefective
                                                                                                                                                                 Level2
                                                                                                               General Manager of
       ofqualitymanagement                    rawmaterials       products              products
                                                                                                               the Company: Person
            Improving quality management systems
                                                                                                               who takes primary
                                                                                                                                                                                            Level3
                                                                                                                                                Department manager:
                                                                                                               responsibility for quality       Person who takes                    Second-line
                                                                                                                                                main responsibility for             management and
                                                                                                                                                quality
      We advanced the construction and improvement of quality management systems
      and established and passed the ISO9 0 1 quality management system certification;                                                                                              frontline employees
                                                                                                                                                                                    Persons directly
                                                                                                                                                                                    responsible for quality
      continued to efficiently apply information technology to business and production
      activities,establishedtheinformatizationandindustrializationintegrationmanagement
      system in accordance with the GB/ T2 3 0 1 - 2 0 1 7 Integration of informatization and
      industrializationmanagementsystemsRequirementsandGB/T2Integration
                                                                              The Company embeds quality management in the whole process from customer
      of informatization and industrialization management systems Requirements for
                                                                              requirements analysis, R& D, process, procurement, and manufacturing to the end
      enhanced capability grading, and received the Integration of Informatization and
                                                                              of the product lifecyle. It has a complete set of quality assurance systems to fulfil
      IndustrializationManagementSystemCerti_cateinJuly201.
                                                                              responsibilityforproductqualityandguaranteeproductquality:
                                                                                                                     Supplier                             Procurement                     Materials
                                                                                                                  Management                              Management                     Inspection
                                                                                                                 ProcessQuality                     DeliveryQuality                    Nonconforming
                                                                                                                     Control                                    Control             ProductManagement
                                                                                                                   Traceability                                Aftersales            Improvementon
                                                                                                                  Management                                   Service              CustomerFeedback
                                                                                                                                                %l%l%l%l%l%l
              Integration of Informatization and                ISO9001 quality management system
            Industrialization Management System                              certificate
                  Independent R&D    Solid Foundation         Good Faith        Priority to Safety     Contribution to     Close Cooperation      Green Development   Appendices
                   ATW Innovation     Characteristic       Greater Prosperity   Focus on Quality           Society         Win-win Outcomes          Low-carbon
  股票代码   688516
                                       governance                                                    Constant Dedication                               Practices
   Multi-level quality audit mechanism
         Level1:Processmonitoring                                 Level2:Internalaudit                                              Level3:Certi_cationandlicensing
Autowell integrates quality control into the I n o r d e r t o e n s u r e t h e e f f e c t i v e n e s s Autowell always conforms to relevant standards for quality
                                                                                                                                                                -     mana
whole process of production and exercises               of quality management systems, the                    ment systems. The Company and its subsidiaries (Autowell Intelligent
strict control over supply quality, processCompany audits every process and link                              Equipment, SCEC, ATW XuRi, and ATW Coshin) have passed the GB/
quality, delivery quality, and aftersales
                                    -     ser           r e l a t e d t o p r o d u c t q u a l i t y a n d w h e n T?ü––?-?–?•qualitymanagementsystemcerti_cation.
vicequalitysoastopreventproductquality                  problems are identified, takes rectifying             Our products meet international standards including those in Europe
issues.                                                 and preventive measures immediately to                and the U.S., are certi_ed by international testing and certi_cation
                                                                                                                                                                               -   pro
                                                        putthingsrightandensurethatthesame                    viders agencies like T?V S?D and Intertek, and hold the European Con
                                                                  ’thappenagain.
                                                        problemsdon                                           formityCE)
                                                                                                                     ( andEurasianConformityEAC)
                                                                                                                                            (  certi_cates.Additionally,our
                                                                                                              productshavebeengrantedaccesstotheNorthAmericanmarket.
                          GB/T190-26qualitymanagementsystemcerti_cate                                                                          Productcerti_cate
                                  Independent R&D     Solid Foundation      Good Faith         Priority to Safety      Contribution to     Close Cooperation        Green Development        Appendices
                                   ATW Innovation      Characteristic    Greater Prosperity    Focus on Quality            Society         Win-win Outcomes            Low-carbon
               股票代码   688516
                                                        governance                                                   Constant Dedication                                 Practices
          Quality management measures
     ImplementingtheChief                                                                                                                                                  Quality management
                                                                             End-to-Endqualitycontrol
     QualityOacersystem                                                                                                                                                    campaigns
       The Company has                                                        In order to further improve quality manage-
                                          Setting up designated                                                                                                               The Company strength-
                                                                              ment, the Company forms an “end-to-end”
                                                                                                                                    Quality commitment
       established the Chief              postforqualitycontrol                                                                     mechanism                                 ened its ability of process
       Quality Officer system,                                                business process oriented towards business
                                                                                                                                                                              assurance and zero de-
       giving the Chief Quality                                               performance, analyzes the value chain on                The Company signs                       fect management, and
       Officer the power to                   In order to ensure              each end, straightens out its management                technical agreements                    continuously improved
       veto matters that may                  product quality and             process, business process, and support pro-             with customers based                    product quality by orga-
       affect product quality                 safety, the Company             cess, and gradually refines the institutional           on the characteristics                  nizing quality improve-
       and safety in the pro-                 has an important post           framework, the hierarchy of business author-            of our products, which                  ment activities and col-
       cess of product realiza-               called “process in-             ity, and the implementation of the system               contain corresponding                   lecting opinions, among
       tion.                                  spector” to oversee             solidification process. Moreover, it achieves           provisions and commit-                  other efforts.
                                              key processes that may          chain quality across the entire value chain by          ments regarding the key
                                              concern product qual-           a management system integrating process                 technical performance
                                              ity and safety in the           and quality system                                      metrics, aftersales service
                                              process of production.                                                                  and training, and quality
                                                                                                                                      assurance.
     Quality improvement campaigns                                              Collecting opinions                                                Vocationalskillcompetitions
     During the reporting period, the Company carried out quality
                                                             -    imIn?–?·,morethan?,?––opinionswerecollectedthrough
                                                                                                                                                      Since ?–??, the Company has held manufac-
                                                                   ofCompany ’sOAsysteminane^orttoimproveproduct
     provement campaigns in response to potential risks in the usethe
                                                                                                                            turing and logistics skills competitions for
     related equipment. For example, it launched a campaign to reducequality and operational eaciency, helping reduce costs
                                                                                                                           two consecutive years to call for the pursuit
     the attrition of cell soldering stringers and a campaign aimed        at•?million.
                                                                      byRMB??.
                                                                                                                           of superior workmanship and further improve
     standardizingassemblyqualityintheweldregionofsemi-conductor
                                                                                                                           productquality.
     bonders. It set up special project teams, used professional- measur
                                                                       Opinions collected Reduced costs
                                                                       in 2023
     ing devices, and applied problem analysis tools ( MSA, ?W, brain
     storming) to develop solutions and rectify potential risks. Based on
     the actual use of customers, improvement measures were taken                  5,700+              RMB25.62 million
     promptly,formingaclosedloopofqualityimprovement.
                    Independent R&D   Solid Foundation      Good Faith        Priority to Safety      Contribution to     Close Cooperation   Green Development   Appendices
                     ATW Innovation    Characteristic    Greater Prosperity   Focus on Quality            Society         Win-win Outcomes       Low-carbon
    股票代码   688516
                                        governance                                                  Constant Dedication                            Practices
IMPROVING CUSTOMER SERVICE
High-qualitycustomerserviceiskeyforcompaniestostandoutinmarketcompetition,attractmorecustomers,andpreventcustomerchurn.
      Reputational risk management
   Responsiblemarketingmanagement
                                                                                                                               Shoulderthe
                                                                                                                                  matter
   In order to meet compliance requirements in marketing campaigns, the Company
   strictly complies with national and local laws and regulations, maintains honesty
   in operations, abides by industry norms, and consciously maintains the industrial
   operation order. We uphold moral norms centered on honesty, and have developed
   the bidding management system, the supplier management system, and integrity
   agreementtoensurecomplianceande^ectivenessintheprocessofmarketing.                              STANDARD
                                                                                                                                                           SINCERITY
   The Company has a legal affairs department and hires legal counsels to provide
   professionallegaladviceonitsoperationsandhelppreventmarketingrisks.
   Brandcrisisresponse
   The company has put in place a brand crisis response mechanism and process in
   ordertodealwithanybrandcrisispromptlyandappropriately.
                                                                                                             SYSTEM                                  SPEED
       Principle:
   Wefollowthe5sprincipleforbrandcrisisresponse,thatis,shoulderthematter,
                                                                                             Autowell has stayed alert to brand crises, and no brand crisis has
   sincerity,speed,system,andstandard.
                                                                                             occurred since its inception.
                             Independent R&D       Solid Foundation            Good Faith             Priority to Safety         Contribution to          Close Cooperation       Green Development            Appendices
                              ATW Innovation        Characteristic          Greater Prosperity        Focus on Quality               Society              Win-win Outcomes           Low-carbon
             股票代码   688516
                                                     governance                                                                Constant Dedication                                     Practices
           Protection of customer rights and
           interests
     Upholding the service concept of Phumbleness, carefulness, and professionalism,Q
     the Company takes multiple measures such as day-to- day maintenance, key point
     analysis, and timely review to improve individual service items. Additionally, the
     Company organizes internal and external training for speci_c product lines, weekly
     meetings, sales case and experience sharing sessions, and the like to improve the
     professionalcompetenceandall-roundabilityofteams.
                                                                                                                Annual sales review meeting in 2023                                   Sales sharing session
        Customerinformationsecurity
         We attach great importance to the management of customer information security, continuously hone our ability to maintain information con_dentiality and data security
         the full-process management of customer information, and take solid measures to prevent disclosure of customer information. In 203, the Company introduced the ISO 2701 system
         management methodology, oacially started the construction of an information security system, and established or improved the con_dentiality system, access control system
         managementsystem,andmanagementregulationsonthepreventionofvirusesandmalware.Aseriesofmeasuresweretakentopreventleakageofcustomerinformationsuchasst
         controllingcustomerinformationaccessrights,customer_leencryptionprotection,andanti-virussoftwaredeployment.
         Wepayparticularattentiontoinformationsecuritytraininganddrills.Duringthereportingperiod,morethan3,0employeesparticipatedinrelevanttrainingandexamination
         increasingtheirawarenessofinformationsecurityandsharpeningtheirskillstoprotectinformationsecurity.
         Aftersalesservicesystem
         We sincerely respond to customer concerns and make continued efforts to improve the aftersales service system and enhance customer satisfaction and experience thr
         processbefore,during,andaftersale.
           Presales
                                    ◆ A special team is responsible for providing presales training and introducing the service process to customers.
                                    ◆ Set up a project team and develop the project plan and objectives based on the project status.
                                    ◆ The project manager coordinates and dispatches personnel on the site, makes plans, and communicate on project progress and problems.
                                    ◆ The project supervisor provides support throughout the process to facilitate the attainment of targets and goals.
                                    ◆ Set commissioning standards and ensure that the standards are met through training, random inspections, tour of inspection, and other methods. Standardizing
             Sales
                                    equipment commissioning helps locate operational issues quickly and improve the operational stability.
                                    ◆ Keep track of the use of equipment by the customer in real time and update onsite project progress, core issues, resource requirements, and other information every week
                                    through engineering, sales, and customer WeChat groups; improve customer experience, make use of third-party communication channels, and promptly rectify any deviation
                                    during use; follow up with the customer from time to time (home visit, WeChat, telephone, online meeting, etc.) to stay up to date with the production status and actual needs
                                    of the customer.
                                    ◆ Provide remote support within 24 hours.
           Aftersales
                                    ◆ For domestic urgent requirements, arrive at the scene within 24 hours, and for overseas urgent requirements, within 72 hours.
                                    ◆ Pay follow-up visits on a regular basis to learn about the equipment running status, customer needs, and maintain customer relationships.
                                    ◆ Publish posts on how to solve common issues through WeChat official account to provide technical information support.
                     Independent R&D    Solid Foundation         Good Faith            Priority to Safety     Contribution to     Close Cooperation      Green Development       Appendices
                      ATW Innovation     Characteristic       Greater Prosperity       Focus on Quality           Society         Win-win Outcomes          Low-carbon
    股票代码   688516
                                          governance                                                        Constant Dedication                               Practices
 Customercomplaintresponsemechanism
 In order to better regulate the onsite customer service and problem feedback and handling processes and ensure that problems in each process are identified, report
 addressedasearlyaspossibleinaclosedloop,AutowellhasdevelopedtheImprovementonCustomerFeedback,AftersalesServiceProcess,andothersystemstopromptlydealw
 problemsinonsiteservice,use,andotherprocessesandfurtherimprovecustomersatisfaction.
  Customer complaint                         Step1                                                Step2                                               Step3
  response process
                             The project manager responds to the                   Maintain effective communication
                                                                                                                                          The aftersales team
                             complaint immediately, identifies the                    between the customer, the
                                                                                                                                    communicates with the person in
                              level of severity, and escalates to a                 onsite team, and the back office
                                                                                                                                      charge on the customer side.
                                          higher level.                                (engineering, sales, R&D).
                           Step7                                         Step6                                            Step5                                          Step4
            In response to the customer
                                                                                                                                                               Determine the solutions and
         complaint, the Company draws up                                                                    Push forward the progress until
                                                           Follow up with the customer                                                                        send them to the customer on
       improvement and optimization plans                                                                         the issue is solved.
                                                           and reflect on ourselves.                                                                                  the same day.
       at an opportune time and implements
                  them effectively.
                    In203,ourcustomersatisfactionreached95.4%accordingtooursurveyonkeycustomers.
Nonconformingproducthandlingmechanism
                       ’s regulations on nonconforming product management, if any defects
According to the Company
are found in products delivered to customers, a taskforce will be established immediately, onsite    During the reporting period, no incident violating the Company             ’s
inspections will be carried out to evaluate and analyze the situation, and then, practical solutions q u a l i t y co m m i t m e n t s o cc u r r e d d u r i n g a n d a f te r t h e p r o d u c
willbedevelopedpromptlytoensurethattheproblemsaree^ectivelysolved.                                  deliveryprocess.
                           Independent R&D      Solid Foundation      Good Faith        Priority to Safety       Contribution to           Close Cooperation     Green Development             Appendices
                            ATW Innovation       Characteristic    Greater Prosperity   Focus on Quality             Society               Win-win Outcomes         Low-carbon
           股票代码   688516
                                                  governance                                                   Constant Dedication                                    Practices
          Empowering customers
     Wecontinuedtopopularizeproductandserviceknowledgeamongcustomers,provideonsiteorremotetechnicalsupportforthem,andholdtrainingfortheirteams,soastofully
     empowercustomers.
      Customer training – Autowell Training Camp
      In order to help customers better understand and use our products, we held
      a two-month Autowell Training Camp in 2023. The participating customers
      included Tongwei Group, JA Solar, LONGi, JinKo Solar, Chint, HY Solar, DAS
      Solar, and DMEGC. During the training, the Company refined the training system
      and content based on customer suggestions and did our best to meet their
      improvement plans and needs.                                                                   Some trainees from Tongwei Group hold their               Trainees from JA Solar hold
                                                                                                                 training certificates                           their training certificates
      Performance of customer training
      Training content: Knowledge about 050E/F/EH/FH/K, 027X, Automatic Bussing Machine, and
      other models, as well as their operation, installation, commissioning, and troubleshooting
      Number of customers who received training: 550 participants from 60+ enterprises.
      Number of training certificates and outstanding trainee certificates: 550.
         Number of customers who             Total                  Number of training certificates and
         received training:                                         outstanding trainee certificates:
 CONTRIBUTION TO
 SOCIETY
 CONSTANT
 DEDICATION
 While pursuing our own high- quality development, we take
 concrete actions to fulfill our social responsibility and give
 back to society. We actively engage in public interest activities
 and support the development of education, spreading positive
 vibes in society. In particular, we constantly put energy and
 fundintoyouthcareandeducationaspartofoure^ortstogive
 back to society. We encourage employees to volunteer and get
 involved in public interest activities, bringing more love into
 society.
SDGs
 No poverty   Zero hunger   Good health   Quality     Reducing
                            and well-     education   inequality
                            being
                                                                     Tax payment according to law
                                                                     Contribution to community development
                                                                     Public interest activities and donations
                                                                     Volunteer activities
                           Independent R&D   Solid Foundation      Good Faith        Priority to Safety     Contribution to     Close Cooperation   Green Development   Appendices
                            ATW Innovation    Characteristic    Greater Prosperity   Focus on Quality           Society         Win-win Outcomes       Low-carbon
           股票代码   688516
                                               governance                                                 Constant Dedication                            Practices
      Performance by the Numbers
          Taxpaymentaccordingtolaw
     Total amount of tax paid in 2023
     RMB 661 million
          Donations
     Total donations made to support education development, public emergency                Donation to Wuxi Educational Development Foundation
     response, and people in need in the past three years
     RMB9,699,900                                                                          RMB 1 million
                                 Independent R&D        Solid Foundation            Good Faith           Priority to Safety      Contribution to      Close Cooperation   Green Development     Appendices
                                  ATW Innovation         Characteristic          Greater Prosperity      Focus on Quality            Society          Win-win Outcomes       Low-carbon
          股票代码   688516
                                                          governance                                                           Constant Dedication                             Practices
 Tax payment according to law                                                                         Public interest activities and donations
 The Company pays speci_ed types of taxes at the set tax rates within                                 The company is actively involved in public interest activities, cares for the
 the time limit, contributing to national and local fiscal revenue
                                                                 needs
                                                                   and of vulnerable groups, and works hard to help build a better world. In
                                                                                                                                       Totalamountofdonations
 promotingfairnessandjusticeintaxation.                          the past three years, we have donated a total of RMB9,69 0 to support
                                                                                                      education development, public emergency response, and people in need.
                                                                                                      We work with loving people from all sectors of society to promote the
                                                                                                                                                                                       RMB9,699,900
                                     Taxstatusinthepastthreeyears                                     developmentofsocialundertakings.
RMB100 million             203                     20                      201                                           203                                  20                                 201
COMMUNITY BUILDING AND
                                                                                                          HiPo Program: The 7 Habits of Highly Effective People sharing reading session
DEVELOPMENT
                                                                                                          In April 2023, the Company donated RMB 1 million to Wuxi Educational Development Founda-
                                                                                                          tion in a bid to support the high-quality development of education.
Au to w e l l w o r k s c l o s e l y w i t h t h e co m m u n i t y to t ra i n a n d a d va n ce
talent. The Company provides job opportunities for local people, which
helps increase local employment, promote the development of the
local economy, and enhance the sense of belonging of our employees,
enabling them to witness the great changes in their community. On
the Company’s part, this also serves the purpose of growing with the
                                                                                                                               Donation certificate                       Commemorative badge
communityandemployees.
                               Independent R&D   Solid Foundation      Good Faith        Priority to Safety     Contribution to     Close Cooperation   Green Development   Appendices
                                ATW Innovation    Characteristic    Greater Prosperity   Focus on Quality           Society         Win-win Outcomes       Low-carbon
              股票代码   688516
                                                   governance                                                 Constant Dedication                            Practices
 VOLUNTEER ACTIVITIES
     Asaresponsiblecompany,weencourageemployeestovolunteerandcontributetosociety.
                              “Walk side by side”
        TocommemoratetheWhiteCaneSafetyDay,Autowellvolunteersparticipatedin
        acharitywalkeventwithpeoplewhoareblindorvisuallyimpaired,helpingthem
        experiencethebeautyoftheworld.
CLOSE
COOPERATION
WIN-WIN
OUTCOMES
To d e l i v e r h i g h - q u a l i t y p r o d u c t s a n d s e r v i c e s t o o u r
customers, we must ensure that the products provided
b y o u r s u p p l i e r s h a v e s t a b l e q u a l i t y. To t h i s e n d , w e
continuously strengthen centralized management of the
supply chain system, promote businesses along the supply
chain to do their due diligence, so as build a safe, green,
high-quality,andresponsiblesupplychain.
      Responsible             Sustainable             Partnerships
      consumption             cities and              for the Goals
      and production          communities
                                                                                           Sustainable supply chain
                                                                                           Support for industrial development
                           Independent R&D    Solid Foundation         Good Faith         Priority to Safety     Contribution to     Close Cooperation     Green Development        Appendices
                            ATW Innovation     Characteristic       Greater Prosperity    Focus on Quality           Society         Win-win Outcomes         Low-carbon
          股票代码   688516
                                                governance                                                     Constant Dedication                              Practices
     Performance by the Numbers
         Sustainablesupplychain
     Proportion of local purchasing (within Jiangsu              Growth in pass rate of materials compared with 2022                 Number of new standard parts suppliers
     Province)
          Industrialdevelopment
     Number of domestic exhibitions we participated in              Number of overseas exhibitions we participated in                Number of professional forums we sponsored (speech)
                  Independent R&D   Solid Foundation      Good Faith        Priority to Safety     Contribution to     Close Cooperation   Green Development     Appendices
                   ATW Innovation    Characteristic    Greater Prosperity   Focus on Quality           Society         Win-win Outcomes       Low-carbon
  股票代码   688516
                                      governance                                                 Constant Dedication                            Practices
SUSTAINABLE SUPPLY CHAIN
         Supplier management
Autowellinsistsonresponsibleprocurementandimplementsthestrategiesoftransparentprocurementandlocalpurchasing,andembedstheconceptofsustainabilityint
processofprocurement.TheCompanyhasdevelopedrelevantsystemsonprocurement,suchasSupplierManagementandRelationshipsandSupplierDevelopmentandApproval.
    Supplier development and selection
                                                                                                                                                            ’
In order to ensure the safety of raw materials and improve product quality, Autowell has established the principles of supplier development and laid down regulations on
basic qualifications, capital status, operating qualifications, scale of production, and technical strength. The Company signs the Non- Disclosure Agreement, Sup
Agreement,andSupplierIntegrityAgreementwithallsuppliers,andmakescleartherequirementsonsupplierconductandsupplierselection.Inaddition,inspectionsmustbe
outonnewsupplierstoensurethattheymeetprocurementrequirements.
 A supplier used by a competitor can become our                                                                          Any supplier recommended or operated by for-
 supplier in principle, but that must be clarified.                                                                      mer employees shall not be selected in princi-
                                                                                                                         ple.
                                                              Types of          Supplier          Types of
  The qualifications of a potential supplier which
                                                              potential                          businesses
  acts as an agent must be verified with the autho-
                                                                             development
                                                              suppliers                          not eligible
  rizing organization before it’s selected as a sup-                                                                     Any business that was formed less than one
                                                                               principles
  plier.                                                                                                                 year shall not be selected in principle.
   In principle, the company purchases parts
   and components for our equipment directly
   from manufacturers.
                                Independent R&D         Solid Foundation         Good Faith        Priority to Safety      Contribution to     Close Cooperation        Green Development             Appendices
                                 ATW Innovation          Characteristic       Greater Prosperity   Focus on Quality            Society         Win-win Outcomes            Low-carbon
               股票代码   688516
                                                          governance                                                     Constant Dedication                                 Practices
 Classi_edsuppliermanagement
 Accordingtotheamountofprocurement,theCompanydividessuppliersintothreetypes,andimplementsclassi_edsuppliermanagementintermsofquality,costs,evaluation,etc.
            Definition                                                                                        Management strategy
     Type1                           Type2                            Type3                             Type1                         Type2                           Type3
      Suppliers from which             Suppliers from which           S u p p l i e r s f r o m           Maintain supplier            Emphasize quality,               Suppliers from which the
      t h e a m o u n t o f p- r o     t h e a m o u n t o f p- r o   which the amount                   relationships, empha
                                                                                                                           -           g u a r a n t e e i n v e n t o raym o u n t o f p r o c u r e m e n- t a c
      c u r e m e n t a cco u n t s c u r e m e n t a cco u n t sof procurement- ac                      size quality and costs, safety, implement cen
                                                                                                                                                   -                   counts for no more than ?% of
      fornomorethan?–%                 fornomorethan??%               counts for no more                 implement centralized tralizedpurchasing,- en                 t h e tota l p ro c u re m e n t i n t h e
      of the total procure
                       -               of the total procure
                                                        -   than ?% of the total                         purchasing, carry out sure sufficient supply,
                                                                                                                                                    evaluationperiod.
      ment and is greater              ment and is greater procurement in the                            j o i n t R & D a c t i v i t i e sand
                                                                                                                                             , lowercosts.              Emphasize costs, reduce the
      than RMB· million in             than RMB? million in           evaluationperiod.                 andlowercosts.                  Suppliers with an              n u m b e r o f s u p p l i e r s , i- m p l e
      the evaluation - peri the evaluation - peri                                                         A l l s u p p l i e r s a r MRB
                                                                                                                                      e NPLratioofabove                ment centralized purchasing,
      od.                              od.                                                               s u b j e c t t o p - e r f –.o?% during
                                                                                                                                           r      the perfor -         and reduce procurement man
                                                                                                        manceevaluation.               mance evaluation peri
                                                                                                                                                        -    agementcosts.
                                                                                                                                       od shall be evaluated, Suppliers with an MRB NPL
                                                                                                                                       w h i l e ot h e r s u p p l i e rs ratio of above –. ?% during the
                                                                                                                                      not.                             performance evaluation period
                                                                                                                                                                       shall be evaluated, while other
                                                                                                                                                                       suppliersnot.
                            Independent R&D    Solid Foundation            Good Faith              Priority to Safety     Contribution to     Close Cooperation     Green Development                Appendices
                             ATW Innovation     Characteristic          Greater Prosperity         Focus on Quality           Society         Win-win Outcomes         Low-carbon
           股票代码   688516
                                                 governance                                                             Constant Dedication                              Practices
    Suppliersupervision
In order to ensure that the procurement capacity meets the needs of its sustainable development, the Company conducts semi-annual performance evaluation on suppliers based on t
Supplier Performance Evaluation Form (Standard Parts/Processed Parts), classi_es suppliers into four levels (A, B, C, and D) according to the grading rules (B is the qualifying criterion), and a
thecooperationmodelsaccordingtotheevaluationresults.
                                       Level                        Level A                         Level B                              Level C                                        Level D
            Standard
                                          Score                     A ≥ 80                        65 ≤ B < 80                          50 ≤ B < 65                                          D < 50
          partssupplier
           supervision
                                                                                                                        (1) Suspend new product development;        (1) Suspend new product development;
                                                                                                                        (2) Ask the supplier to make improvements   (2) Ask the supplier to make improvements
                                                             Give priority to the              Lower the level of
                                   Cooperation
                                                                                                                        and discuss with the supplier on the        and discuss with the supplier on the
                                       model              supplier in new product            priority in new product                                                subsequent product quality management
                                                                                                                        subsequent product quality management
                                                                  development                    development                                                        plan and improvement plan. If the supplier
                                                                                                                        plan and improvement plan.
                                                                                                                                                                    fails to move to Level C, it will be dismissed as
                                                                                                                                                                    a qualified supplier.
  Compared with standard parts suppliers, Autowell focuses on the information security management ability of machining equipment suppliers, and conducts an info
  managementreviewonthemeveryhalfyear.
     Supervisor:SupplierQualityEngineer(SQE)
     Supervisingtheimprovementprocess:
             Holddiscussionsanddrawupcontinuous                               SQEkeepsrecordsorvisitsthesupplierto                                 Accordingtotheimprovementstatus,update
          improvementplans,whichcanbeimplemented                         verifywhethertheimprovementsmeetspeci_c                                   theListofQuali_edSupplierssoastobuilda
                      afterbeingcon_rmedbySQE.                                                requirements.                                            harmonioussupplychainecosystem.
                               Step1                                                               Step2                                                             Step3
                               Independent R&D       Solid Foundation         Good Faith           Priority to Safety        Contribution to     Close Cooperation     Green Development     Appendices
                                ATW Innovation        Characteristic       Greater Prosperity      Focus on Quality              Society         Win-win Outcomes         Low-carbon
               股票代码   688516
                                                       governance                                                          Constant Dedication                              Practices
           Attention to supplier ESG performance
     The company insists on green procurement and ensures that the materials used, including packaging (such as materials, components, and equipment) meet the requirements of nationa
     environmental policies. The Company gives priority to suppliers with the ISO901 quality management system certi_cation, the ISO1401 environmental management system certi_cation,
     and the ISO450 1 occupational health and safety management system certi_cation, and pays constant attention to supplier performance in labor relations, employee rights prote
     environmentalhealth,emergencyresponse,andotheraspectsofsustainabledevelopment.
           Supply chain stability
     The Company takes forward-looking and flexible measures to ensure supply chain stability and efficiency and avoid supply chain disruptions. Meanwhile, amid the trend of do
     alternatives,theCompanyactivelylooksforhigh-qualitydomesticsuppliersunderthepremiseofensuringqualityandcosts.
                                                                                                                                                              Number of new standard parts suppliers
        Develop inventory plans for
                                 - bottle
                                       I m p l e m e n t m u l t i p l e s o u r c i n g a nRegularly
                                                                                             d        assess supplier capacity,
                                                                                                                          -     ad
        neck materials and materials with a
                                                       reserveforsuppliersofcorematerials just purchasing strategies, and ensure                              during the reporting period
        long delivery period based on annual
        salesforecasts.
                                                       andfewstructures.                                  suppliesaredeliveredontime.
           Empowering suppliers
          Regular communication                                                                                             Management empowerment
      While improving our own management ability, the Company
                                                                                                                        In order to improve our supplier management and quality control capabilities to
      regularly communicates with suppliers of main and auxiliary
                                                           -      ma
                                                                                                                        meet the needs for sophisticated and key materials in our rapid development,
      terials through onsite meetings. The topics mainly cover analysis
                                                                                                                        we took _eld trips to industry-leading suppliers, learned about advanced
                                                                                                                                                                                            -    experi
      ofactualuseofproducts,analysisofsubsequentuseofproducts,
                                                                                                                        ence and summarized ? practical improvement measures, and provided them
      promotion and e^ectiveness of new products, and overall
                                                           -  prod
                                                                                                                        to other suppliers so they could choose to use according to their own reality. To
      uctstability.
                                                                                                                        promotetheimprovementmeasuresinbatches,weselected?keysuppliers,
                                                                                                                                                                                     - su
      During the reporting period, in order the Company held the- an
                                                                                                                        pervisedtheirimplementationoftheselectedmeasures,conductedonsite
                                                                                                                                                                                     -   evalu
      nual supplier conference themed PA Better ?–? and a Winning
                                                                                                                        ationsontheimplementatione^ects,andkepttrackoftheimplementation.
      ?–??Q to help suppliers get a deeper understanding of our- strat
      egies and development plans. A total of ü· suppliers participated
                                                                                                                        This management empowerment event greatly improved the overall
                                                                                                                                                                                     - manage
      in the conference, and the amount of procurement from the
                                                                                                                        ment ability and pass rate of suppliers. In particular, the pass rate of materials
                                                   ’s total
                                                                                 Autowell 2023 Supplier
      participatingsuppliersaccountedfor??%oftheCompany
                                                                                                                        roseby?.·%over?–??,meetingthesettarget.
      purchasesintheyear.                                                             Conference
      Suppliers present at our supplier          Percentage in total purchases                                           Number of key suppliers            Growth in pass
      conference
                                                                                                                                                            rate over 2022
                      Independent R&D   Solid Foundation         Good Faith        Priority to Safety          Contribution to     Close Cooperation       Green Development        Appendices
                       ATW Innovation    Characteristic       Greater Prosperity   Focus on Quality                Society         Win-win Outcomes           Low-carbon
      股票代码   688516
                                          governance                                                         Constant Dedication                                Practices
SUPPORT FOR INDUSTRIAL DEVELOPMEN
Autowell is an active player in the industr y. We participate in various
exhibitions, carry out project cooperation with other enterprises, and play Number of domestic exhibitions we                       Number of overseas               Number of professional forums
a role in national key R& D programs. Exchanges and collaboration withparticipated in during the reporting                          exhibitions we participated in   we sponsored (speech)
                                                                            period
industry peers can spur innovation vitality, enabling us to work together to
boostthewholeindustry.                                                                9                                              5                                 3
      International exchanges
      ’svisionisPWhereverthereisafactorythereisATW’sintelligentmanufacturingsystem.QGoingforward,Autowellwillupholditslong-termmissionPBuildSmartFactorywithNew
Autowell
Technologies,DriveGlobalIntelligentManufacturing.QAutowellisapractitionerandapioneerinthewaveofintelligentmanufacturingintheglobalnewenergymarket.Duri
period, we participated in a variety of exhibitions held in Indonesia, Türkiye, Germany, the United States, and India, continuously strengthened international exchanges and coop
improvedourlayoutalongtheentireindustrychain,andputenergyintocreatinggreatervalueforcustomersandacceleratingthegrowthoftheglobalnewenergymarket.
 Autowell attends Intersolar Europe held in Munich, Germany                                             Autowell attends the International SolarEX Istanbul Fair in Türkiye
 In June 20 3, Intersolar Europe, the world’s leading exhibition                                    InAprilthe
                                                                                                             ,320 annualInternationalSolarEXIstanbulFairtook
  for t he so l a r i nd ustr y was h e l d i n Trade Fair Ce nte r Me s s e                        place, which is the largest and most influential solar energy
 München, Germany, bringing together a cohort of well- known                                        and energy storage event in Türkiye and even the Middle East.
 solar photovoltaic enterprises from around the world. At this                                      As a reputed intelligent photovoltaic equipment manufacturer,
 exhibition, Autowell presented its latest intelligent photovoltaic                                 Autowell came under the spotlight by showcasing a range of
 + energy storage manufacturing solutions, drawing attention                                        intelligent photovoltaic devices and solutions. The delegation
 fromlargeaudiencesathomeandabroad.                                                                 also interacted with professionals from around the world and
                                                                                                    shared experience and views with one another to promote
                                                                                                    technologicaladvancesintheindustry.
     Involvement in industry events
 Autowell shows off intelligent photovoltaic manufacturing technology at SNEC 2023                 Autowell attends the second EESA China International Energy Storage Expo
  At the International Photovoltaic Power Generation and                                           In August 203, the 2nd China International Energy Storage
  Smart Energy Conference & Exhibition ( SNEC 2 0 3 ) in                                           ExpohostedbyChinaLeaderEnergyStorageAllianceEESA)      (
  MayAutowell
     ,320      showedo^itsintegratedsolutionsof                                                    was held in Suzhou International Expo Center. Autowell
  photovoltaicintelligentmanufacturingandhadin-depth                                               presented its ESS Cell Module/ PACK Automatic Assembly
  discussions and exchanges with visitors on products                                              Lineinthe_eldofenergystorage.
  and technologies, innovation and R&D, industrial
  development,andothertopics.
GREEN
DEVELOPMENT
LOW-CARBON
PRACTICES
Inresponsetothecallforglobalclimateaction,Autowellholds
steadfasttothepathofgreendevelopment,persistsinful_lling
the responsibilities and obligations for eco- environmental
protection, actively carries out environmental management,
keeps improving its environmental management capabilities,
a n d co o rd i n ate s t h e e f fo r ts to re d u ce ca r b o n e m i s s i o n s ,
cut pollution, go green, and achieve growth. It makes great
efforts to promote a green and low-carbon lifestyle and way
of production and achieve concerted progress of economic
growthandeco-environmentalprotection.
SDGs
  Good health         Sustainable         Climate action    Clean water
  and well-being      cities and                            and sanitation
                      communities
                                                                                        Environment management
                                                                                        Pollutant management
                                                                                        Energy resource management
                                                                                        Green operations
                                                                                        Carbon emission management
                                                                                                                                                                  Green
                         Independent R&D     Solid Foundation        Good Faith             Priority to Safety     Contribution to      Close Cooperation      Development                  Appendices
                          ATW Innovation      Characteristic      Greater Prosperity        Focus on Quality           Society          Win-win Outcomes        Low-carbon
                                               governance                                                        Constant Dedication                             Practices
      股票代码   688516
  Performance by the Numbers
    Investmentinenvironmentalprotection                                                    Energyconservationmanagement
Investment in environmental protection                                                 Investment in energy-saving technology            Comprehensive energy consumption per
                                                                                       transformation                                    RMB10,000 of output value
RMB73,600                                                                              RMB345,400                                         0.0015            tons of stand coal equivalent
   GHGemissionsreduction                                                                      Pollutantmanagement
? GHG emission intensity                                                               ? Passed the green factory certification audit and was certified as a green factory in Jiangsu Province.
                                                                                       ? The Company meets the Type 3 standard set forth in the GB 12348-2008 Emission standard for
? Wafer Inspection System (018F) received the carbon footprint certification.
                                                                                                                                                                                         Green
                                 Independent R&D   Solid Foundation       Good Faith                Priority to Safety        Contribution to             Close Cooperation           Development                    Appendices
                                  ATW Innovation    Characteristic     Greater Prosperity           Focus on Quality              Society                 Win-win Outcomes             Low-carbon
                                                     governance                                                             Constant Dedication                                         Practices
                股票代码   688516
 ENVIRONMENT MANAGEMENT                                                  To ensure the effective operation of its environmental and safety management system and continuousl
                                                                         its environmental management system, the Company sets up the post of environmental and safety speciali
                                                                         responsibleforenvironmentalprotectionandproductionsafetyduringproductionandbusinessoperations.
             Environmental management
                                                                                                                    Autowellenvironmentalandsafetymanagementsystem
             system                                                                                                 Management system for accidents                                              Safety and health management system
                                                                          Production safety inspection system                                                     OHS education system                  for construction projects
                                                                                                                       involving heavy casualties
                                                                         Safety management system for special-       Stakeholder safety management            Fire safety management system      Dangerous operations approval system
 Instrictcompliancewithlaws                                                purpose equipment and personnel                       system
 and regulations such as the                                                                                        Hazardous chemicals management         Management system on traffic safety    Management system on occupational
                                                                           Temporary wiring approval system
                                                                                                                                system                                at factory                         disease prevention
 Environmental Protection
 Law of the Peoples Republic                                               Rewards and punishments system          Protective equipment management           Dust and virus control equipment         Management system on labor
                                                                                  concerning safety                              system                            management system                      protection articles
 of China, Environmental
                                                                           System on the protection of female      Management system for places with        “Five-Point” production safety         Safety organization and personnel
 Impact A ssessment Law,                                                          workers and minors                flammable or explosive articles              management system               appointment and management system
 the Water Law, and the
                                                                          Production safety target management        Production safety responsibility       Group and post target performance         Change management system
 Law on the Prevention and                                                               system                          management system                        management system
                                                                               Equipment operation card                Management system on the                                                       Management system on the
 Control of Environmental
                                                                                                                   implementation of laws, regulations,     “Three Violations” management
                                                                                 management system                       standards, and norms                           system                   implementation of rules and regulations
 Pollution by Solid Wastes,
                                                                            Management system on chemical         Performance evaluation management             Warning marks and safety
 the Compa n y co n t i nuo us l y                                                                                                                                                                      Onsite leadership system
                                                                          property risk assessment and control                  system                           management system
 improves the construction of
                                                                                Equipment and facility            Equipment and facility inspection and    Construction and maintenance safety
                                                                                                                   maintenance management system                                                 Emergency relief management system
 environmental management                                                     safety management system                                                            management system
 systems based on actual                                                                                                                                            Document and file
                                                                                 Hazardous chemicals                       Source of danger                                                          Fire safety management system
 needs of businesses and day-                                                    management system                        management system                        management system
                                                                                                                                                                 Management system on             Management system on the operation
 to-dayoperations.Itobtained                                                  Work-related injury insurance       Operating safety management system            the withdrawal and use of
                                                                                 management system                                                               production safety funds         of environmental protection equipment
 the ISO1 4 0 certification in
                                                                                                                          Classified safety risk
 April203.                                                                 Production safety meeting system
                                                                                                                          management system
             Environmental emergency management
                                                                                          Alcohol leakage emergency drill
                                                                         The Company carried out an alcohol
In order to better regulate emergency response to environmental emergencies,
                                                                         leakage emergency drill in February
the Company has developed the Contingency Plan for Environmental
Emergencies, conducted a systematic analysis of environmental risks and
potential environmental emergencies, devised targeted environmental      s a f erisk
                                                                                t y a w a r e n e s s a n d t e st e d t h e
preventionandcontrolmeasures,establishedaninternalearlywarningsystem,    response and cooperation capabilities
and put in place emergency response resources. In addition, the Companyof staff at relevant departments during
organizes emergency response training and drills every year, prepares emergencies.
                                                                          drill
reports,andtakesothermeasurestostrengthenitsemergencyresponseability.
                                                                                                                                                                        Green
                             Independent R&D      Solid Foundation        Good Faith             Priority to Safety        Contribution to     Close Cooperation     Development             Appendices
                              ATW Innovation       Characteristic      Greater Prosperity        Focus on Quality              Society         Win-win Outcomes       Low-carbon
                                                    governance                                                           Constant Dedication                           Practices
             股票代码   688516
POLLUTANT MANAGEMENT                                                                                                        Discharge of three wastes
The Company attaches great importance to environmental safety and protection, incorporates
                                                                                                       ThemaintypesofwastegasgeneratedattheCompanyareoilmist
the concept of green development in its daily operations, continuously strengthens pollutant
                                                                                                       in machining workshops and oil smokes in the kitchen. Waste gas
management and the rational use of resources and energy, regularly organizes third-party agencies
                                                                                                       treatment devices are installed at the waste gas outlet to mee
to carry out testing at factories involving occupational-disease-inductive factors, and takes e^ective
                                                                                                       the emission standards, and the discharged waste gas is tested by
                                         ’sPcarbonpeakingandcarbonneutralitygoals.Q
measurestosupporttherealizationofthecountry
                                                                                                                       Waste gas
                                                                                                       testingagenciesonaregularbasis.
     Cleaner production
                                                                                                                                        No industrial wastewater is generated during production. There
In203,Autowellparticipatedinandpassedthevoluntarycleanerproductionaudit,passedthegreen                                                  is only domestic sewage, which is pretreated by septic tanks 4
factory certification audit, and was certified as a green factory in Jiangsu Province. The Company                                      meters deep at the factory and then discharged to the municipal
furtherimproveditsgreenproductiontechnologytoreducetheconsumptionofenergyandmaterials                                                   pipe networks and centrally treated by Wuxi Xincheng Water
                                                                                                                      Waste water
during production and lower the generation and emission of pollutants, thus achieving both                                              TreatmentPlant.
economicandenvironmentalbene_ts.Withitsrapiddevelopment,theCompanyisconstantlylooking
forbettersolutionsforcleanerproductionandpromotinggreenproductionandgreenlifestyles.
TheCompanyintroducestheconceptofecologicaldesign(Reduce,Recycle,Reuse)toproductdesign.                                                  In order to minimize environmental impact , solid waste is
InaccordancewiththerequirementsinGB/T2456,itdevelopsecologicaldesignsforproductstaking                                                  collected in a classified way and centrally handled before it
intoaccountresourceconservationandcomprehensiveuseintheselectionofrawmaterials,product                                                  transferredtoquali_eddepartmentsforpropertreatment.
energy efficiency design, reduction or substitution of hazardous substances, cleaner production                                         The company entrusts quali_ed agencies to handle the hazardous
                                                                                   Solid
processandtechnology,packagingandtransportation,recourserecycling,hazardlesstreatment, andwaste                                         cutting‘uidgeneratedduringproduction.
otheraspects.
      Autowell passes green factory certification audit and is certified as a green factory in
                                       Jiangsu Province
                                                                                                                            Noise management
                                          Two strengths
                                                                                                                  environment and employees. The Company is located in an industrial park, with no
                                                                                                                  residential buildings and living quarters around it. We take multiple measures suc
                                                                                                                  minimizetheoccupationalhealthhazardsofnoiseonemployees.
         Five features                                                        Sustainability
                                                                                                                       D u r i n g t h e r e p o r t i n g p e r i o d , t h e C o m p a n y m e t t h e Ty p e 3
                                       Autowell green                                                                  standard set forth in the GB 1 2 3 4 8 - 2 0 8 Emission standard for
                                       design concept                                                                  industrialenterprisesnoiseatboundary.
                                                                                                                                                                               Green
                                          Independent R&D   Solid Foundation      Good Faith         Priority to Safety         Contribution to        Close Cooperation    Development                      Appendices
                                           ATW Innovation    Characteristic    Greater Prosperity    Focus on Quality               Society            Win-win Outcomes      Low-carbon
                                                              governance                                                      Constant Dedication                             Practices
                  股票代码    688516
     ENERGY RESOURCE MANAGEMENT
               Energy management system
     FollowingtheenergypolicyofPcompliancewithlawsandregulations,
     energy saving and lower consumption, science-based development,
     and continuous improvement, Q Autowell continued to improve the
     energy management system, promote the application of the online
     energy consumption monitoring system and on the basis of analysis
     and use of energy consumption big data, advance refined energy
     management, adopt new energy management methods, and fully tap
     into the energy saving potential, thus ensuring the effectiveness of
     energymanagementanduse.
                                                                                               ISO 50001:2018 energy                                Energy monitoring and management system
                                                                                           management system certification
              Energy resource use
     Theenergyresourcesusedduringproductionandoperationsmainlyincludemunicipalwater,purchasedelectricity,fuel,andnaturalgas.
            Electricity                                                                   Fuel                                                               Natural gas
            Municipal water                                                               Total energy consumption                                           Comprehensive energy consumption per
                                                                                                                                                             RMB10,000 of output value
            Note: The direct energy mainly includes fuel and natural gas, and the indirect energy is purchased electricity. Comprehensive energy consumption is calculated based on the conversion
            factors in the GB/T2589-2020 General rules for calculation of the comprehensive energy consumption.
                                                                                                                                                             Green
                           Independent R&D   Solid Foundation         Good Faith          Priority to Safety     Contribution to     Close Cooperation    Development          Appendices
                            ATW Innovation    Characteristic       Greater Prosperity     Focus on Quality           Society         Win-win Outcomes      Low-carbon
                                               governance                                                      Constant Dedication                          Practices
      股票代码   688516
GREEN OPERATIONS
     Green office
TheCompanyadvocatesgreenandlow-carbonpracticesamongemployeesintheirdailylifeandatwork,andhaslaunchedthegreenoacecampaign.Weencourageeveryemployeetosave
resources,avoidwaste,helpbuildapaperlessoace,andreducecarbonfootprint.
   Set air conditioners at proper- tem             Tu r n o f f a i r co n d i t i o n e r s , l i g h t s , Choose energy- saving lamps for- out    Advocatepaperlessoace.Percapitapaper
   perature according to the season,               computers, printers, and other                   door and indoor lighting, use natural consumption: In ?–??, per capita paper
   avoid using air conditioners while              equipment after work to reduce- en               light as much as possible, reduce the            consumption at the Company was ?•–.•?
   leaving doors and windows open,                 ergyconsumptionandavidwaste.                     number of lamps when there is suffi
                                                                                                                                   -                 pieces,andthe_guredeclinedto•?.·üin
   andadvocateusingairconditioners                                                                  cient lighting, and adjust the duration ?–?·,down?.••%yearonyear.
   onehourless.                                                                                     oflightingaccordtotheseason.
       Publicity and training on environmental protection
    The Company pays high attention to promoting energy conservation and environmental protection. During the reporting period, we promptly shared and promoted the latest l
    regulations,andpoliciesrelatedtoenergyconservationandcarbonemissionreductionthroughtraining,puttingupposters,andothermethods.Weorganizedemployeestopartic
                                                                                                                                      ’ awareness
    in environmental protection activities and promote new energy-saving products and technologies that with lower carbon emissions, increasing employees
                                                                                                                                                  of energy
    conservationandenvironmentalprotection.
    In July 2023, to celebrate the National Energy-Saving Publicity Week, the Company produced and put up banners and posters advocating energy conservation and
    further strengthened work in this regard. Solid measures were taken to reduce the consumption of water, electricity, and other energy sources, advocate civilized,
    economical, green, and low-carbon consumption and lifestyles, and foster a good atmosphere for energy conservation among all employees.
                                                                                                                                                                            Green
                              Independent R&D       Solid Foundation           Good Faith             Priority to Safety     Contribution to      Close Cooperation      Development                 Appendices
                               ATW Innovation        Characteristic         Greater Prosperity        Focus on Quality           Society          Win-win Outcomes        Low-carbon
                                                      governance                                                           Constant Dedication                             Practices
              股票代码   688516
     CARBON EMISSION MANAGEMENT
     Upholding the green concept, we lead the electronics industry to actively perform social responsibility. In 203, the Company set up a carbon veri_cation working group to manage
     carbon emissions according to the ISO 1406 standard. In May 203, the Company released its 20 greenhouse gas veri_cation report, setting an example for China                      ’s special-purpose
     equipmentmanufacturingindustryincarboninventoryandcarbonintensitymeasurement.
           Working group on greenhouse gas verification
     In order to ensure the e^ectiveness of GHG emission veri_cation, accounting, and other work, the Company has established a carbon emission management architecture headed by the
     General manager, where representatives of the management and the General Management Department take charge of the implementation, and other functional departments act as the
     implementing departments. Steps are taken to build a well-regulated carbon emission management system, engage the entire sta^, and keep the Company on the course of clean, low-
     carbon,andhigh-qualitydevelopment.
                                                               Determine the general direction of work on environmental protection.
                                                               Review environmental management documents on a regular basis.
                                                               ......
                                                                                             Leader
                     Organize and lead the identification of                                                                            Be responsible for the identification, summary, and
                     GHG sources.                                                      GeneralManager                                   evaluation of GHG emission sources; guide the following
                     Coordinate the development,                                                                                        work:
                     implementation, and archiving of                                     Coordination                                  GHG reviews by relevant departments.
                     environmental management systems                                                                                   GHG emission data collection and aggregation, emission
                     and GHG management files according                   Management             GeneralManagement                      calculation report preparation and management.
                     to the IS014064 standard.                           representatives             Department                         The preparation, review, revision, and distribution of GHG
                     ......                                                                                                             management documents
                                                                                   Specific implementation                              ......
                                                                                 Otherfunctionaldepartments
                                                Identify GHG emission sources at the department.
                                                Implement emission reduction projects and GHG emission control during production and in life.
                                                Provide data on the department’s GHG inventory and a list of GHG-related equipment.
                                                ......
                                                                                                                                                                       Green
                           Independent R&D   Solid Foundation          Good Faith          Priority to Safety     Contribution to     Close Cooperation             Development   Appendices
                            ATW Innovation    Characteristic        Greater Prosperity     Focus on Quality           Society         Win-win Outcomes               Low-carbon
                                               governance                                                       Constant Dedication                                   Practices
        股票代码      688516
      Greenhouse gas emissions in 2023
During the reporting period, we carried out verification of GHG emission sources within the boundaries according to law, so as to do a better job in GHG emission reduction and
accurately grasp and manage the situation of GHG emissions. According to the results, major GHG emission sources include purchased electricity, natural gas, gasoline, diesel oil, an
some refrigeration units. Among them, indirect emission (i.e., Scope 2) is the most important source of greenhouse gas emissions of the Company, which is mainly generated from
electricityusedduringoperations.
               Scope 1                                                                                                   Scope 2
               Scopes 1 and 2*                                                                                           GHG emissions intensity
  * Direct GHG emissions (Scope 1) and indirect emissions (Scope 2) are calculated according to 2006 IPCC Guidelines for National Greenhouse Gas Inventories and the GB/T2589-2020
  General rules for calculation of the comprehensive energy consumption, where power grid emission factors are calculated according to the Notice on Strengthening the Management of
  Greenhouse Gas Emission Reporting of Enterprises in Power Generation Industry 2023–2025.
  Wafer Inspection System holds carbon footprint certification
   During the reporting period, we established the product lifecycle assessment (LCA) management system, introduced the product carbon footprint accounting
   method, analyzed the carbon footprint of Wafer Inspection System (018F), calculated GHG emissions in its lifecycle, and developed an LCA carbon footprint
   report. The equipment obtained the green footprint evaluation certificate from the China Quality Certification Center (CQC) in June 2023.
   According to the report, the system boundaries in the lifecycle of Wafer Inspection System include five stages: raw materials, manufacturing, distribution, use,
   and waste disposal/recycling. Among them, functional units in the raw materials stage have the highest carbon emissions at 7,484.29 kg CO2e, accounting for
   over 90% of the total. In response, we identified and evaluated the impact factors and developed improvement measures to go greener.
                                                                                                                                                                                 Green
                                      Independent R&D          Solid Foundation         Good Faith           Priority to Safety     Contribution to     Close Cooperation     Development             Appendices
                                       ATW Innovation           Characteristic       Greater Prosperity      Focus on Quality           Society         Win-win Outcomes       Low-carbon
                                                                 governance                                                       Constant Dedication                           Practices
                    股票代码   688516
           Energy conservation and carbon reduction management
         Energy-savingtechnologytransformation                                                                                             Total investment in
                                                                                                                                           energy-saving technology
     TheCompanycontinuedtolowerenergyconsumptionbystrengtheningenergyconservationmanagementduringmanufacturing,optimizingtheproduction     transformation
     process, and reducing unit kinetic energy consumption of products. We further promoted the application of the online energy consumption monitoring
     system and on the basis of analysis and use of energy consumption big data, advanced re_ned energy management, adopted new energy management                                  RMB 345,400
     methods,andfullytappedintotheenergysavingpotential,thusensuringthee^ectivenessofenergymanagementanduse.
     Using energy-saving equipment                                                  Revamping the air conditioning system                         Optimizing the production process to reduce
     to improve energy efficiency                                                   to reduce energy consumption                                  unit kinetic energy consumption of products
     Energ y-saving and efficient air                                                                                                            The Company optimized the production process of automated
                                                                                    During the reporting period,
     pressurizers are used to improve                                                                                 Reduction in power         equipment to reduce energy consumption. The original method
                                                                                    the Company optimized
     energy efficiency. The frequency                                                                                 consumption                of using compressed air to achieve automatic operations is
                                                                                    the air conditioning system,
     conversion technology for energy                                                                                                            replaced with a vacuum regulation system to reduce energy
                                                                                    which turned out effective
     saving is applied to adjust the load                                                                                                        consumption. As to the production process of Automatic Solar
     s p e e d a n d i m p ro v e t h e p o w e r
                                                                                    in saving energy. Electricity     50,0000 Kwh                Module, the previous method of oil heating is changed to
                                                                                    of 500,000 kWh was saved a
     efficiency of centrifuges, centrifugal                                                                                                      electromagnetic heating, reducing energy consumption by 50%.
                                                    Energy-saving air pressurizer   year.
     pumps, and other equipment.
      Useofcleanenergy
                                                                                       Area of rooftop solar PV
                        ’s call for clean energy, the Companypower station in Xinhua
 In response to the country
 pushed for ward the construction of solar photovoltaicRoad      Phase I plant
                                                              power                                                               Installed capacity
 generation projects in the production base, providing clean energy
 into for our green and low-carbon development. As of the end of                       17,000             sq.m                    1,599.4 KWP
                                                                                       Estimated annual power
 the reporting period, the rooftop solar photovoltaic power station
                                                                                                                                  Reduction in carbon           Using more clean energy to
                                                                                       generating capacity                        dioxide emissions
 in our Phase I plant on Xinhua Road covered an area of 1 7 , 0 0
                                                                                                                                                                improve the energy mix
 square meters, with an installed capacity of 1 , 5 9 . 4 kWp and an
 estimated annual generating capacity of 1 , 7 6 4 . 0 6 MWh. This can
 reducecarbondioxideemissionsbyabout1,06tonsayear.
                                                                                                                                                                all street lamps at the factory were replaced
                                                                  (Note: GHG accounting is carried out according to the Guidelines on the Methods
 Thesolarphotovoltaicpowergenerationsystemnotonlyoptimizes                                                                                                      with solar-powered lamps, and a total of 51
                                                                  of Accounting and Reporting on Greenhouse Gas Emissions of Enterprises in Other
 the energy mix of the Company but is also conducive to insulationIndustry Segments (for Trial Implementation) issued by China’s National Development           such lamps were installed. A number of smart
                                                                  and Reform Commission, where the emission factors for power generation are
 and sun shielding of buildings. Especially in the scotching summer,                                                                                            charging piles were installed at the factory to
                                                                  calculated based on the power grid carbon emission factors in the Notice on
                                                                                                                                                                facilitate charging on a staggered schedule and
 it can effectively reduce the indoor temperature and lessen      Strengthening
                                                                       the      the Management of Greenhouse Gas Emission Reporting of Enterprises
                                                                                                                                                                encourage employees to use electric vehicles,
 burden of air conditioners, further improving the energy eaciencyin Power Generation Industry 2023–2025 released by the Ministry of Ecology and
                                                                  Environment and the research report China Regional Power Grids Carbon Dioxide                 reducing the consumption of fossil fuels.
 andenvironmentalbene_ts.                                         Emission Factors (2023).
                               Independent R&D       Solid Foundation             Good Faith               Priority to Safety         Contribution to       Close Cooperation         Green Development
                                ATW Innovation        Characteristic           Greater Prosperity          Focus on Quality               Society           Win-win Outcomes             Low-carbon                Appendices
           股票代码   688516
                                                       governance                                                                   Constant Dedication                                    Practices
Appendix 1. Definitions
              Terms                                                                                                              Description
                                            Packaging & Testing sectors in the semiconductor industry is the final process of integrated circuit manufacturing. They refer to the process in which the tested wafers are processed
     Packaging & Testing sectors
                                                                                     into independent integrated circuit according to the product model and functional requirements
      PV Cell Soldering Stringer                                          It is a type of soldering equipment used to solder electronic components, circuit boards, cells, or other small metal parts.
             Laser Dicing                   It refers to the process in which high energy laser beams are used to irradiate on the surface of the workpiece so the irradiated area is melted and vaporized for the purpose of dicing
          Annealing Furnace                                                        It is a type of heat treatment device used to improve the physical and chemical properties of materials
                                             It refers to simultaneous processing on multiple coordinate axes (including rectilinear coordinates and rotational coordinates) on the same machine tool, and coordinated motion
          Multi-axis Linkage
                                                                                                      under the control of a computer numerical control (CNC) system
     Monocrystal Growth Furnace                                                              It is a device used for growing single crystals to manufacture monocrystal materials
    PACK Automatic Assembly Line                                     It is an automatic assembly line where multiple batteries of cells are connected to form a battery pack with larger current capacity
     Laser Enhanced Metallization                                                          It refers to the process in which high energy laser beams are used to heat metal powder
          Scope 1 Emissions                                             Scope 1 emissions are direct greenhouse emissions that occur from sources that are controlled or owned by an organization
          Scope 2 Emissions                                                   Scope 2 emissions are indirect GHG emissions associated with the purchase of electricity, steam, heat, or cooling.
      Semiconductor Packaging                        It refers to the process in which the tested wafers are processed into independent integrated circuits according to the product model and functional requirements
            Wire Bonding                                                        It is a semiconductor packaging technique used to connect the integrated circuits to the electrical appliances
                  IGBT                                                                                                  Insulated Gate Bipolar Transistor
               TOPCon                                                                                                    Thin Oxide Passivated Contact
 ISO9001 quality management systems                                                         A complete set of international standards developed by the ISO/Technical Committee
                                           Technischer überwachungs-Verein (T?V) is a leading technical monitoring association based in Germany, which functions similar to the bureau of quality and technical supervision in
                  T?V
                                                                                                                                China
                  ETL                                                                               The ETL Mark is Intertek’s most prominent certification in North America
            CE Certificate                                          European Conformity (CE) is a safety certification mark that is regarded as a licensing or manufacturers to enter the European market
                                            The Eurasian Conformity (EAC) certificate (or declaration of conformity) is a document used to prove that the exported goods meet the requirements of the Technical Regulations of
           EAC Certificate
                                                                                                                            Customs Union (TRCU)
                  MSA                             Measurement System Analysis (MSA) refers to the process in which the method of statistical analysis is used to evaluate and improve the process of measuring systems
                                           A Material Review Board (MRB) is a group of people who review nonconforming material that has been referred to this board when all inspection workstations are unable to determine
                  MRB
                                                                                                                    whether it is nonconforming
                  SQE                                                                                                      Supplier Quality Engineer
              ISO14000                                                    A series of environmental management standards developed by the International Organization for Standardization (ISO)
              ISO45001                                       The occupational health and safety management system is used to help organizations around the world protect the health and safety of their staff
              ISO14064                                         A series of international standards that provides the world’s best models for GHG information and data management, reporting, and validation
                  LCA                                                                                                           Lifecycle Assessment
                          Independent R&D   Solid Foundation          Good Faith                Priority to Safety      Contribution to      Close Cooperation        Green Development
                           ATW Innovation    Characteristic        Greater Prosperity           Focus on Quality            Society          Win-win Outcomes            Low-carbon                Appendices
         股票代码   688516
                                              governance                                                              Constant Dedication                                  Practices
 Appendix 2. GRI Index
                     Topics Standards                                                   Disclosure Items                                                                   Pages
                                                                            Organization and its reporting practices
                           G2-1                                                          Organizational profile                                                          About ATW
                           G2-2                                      Entities included in organizational sustainability reporting                                    Notes on the Report
                           G2-3                                         Reporting period, reporting frequency, and contacts                                          Notes on the Report
                           G2-4                                                         Information restatement                                                      Notes on the Report
                                                                                        Activities and workers
                           G2-6                                         Activities, value chains, and other business relations                                           About ATW
                           G2-7                                                              Staff Member                                                     Employment equity and diversity
                                                                                              Governance
                           G2-9                                                Governance structure and composition                                                     Organization
                           G2-12                               Supervisory role of the highest governing bodies in impact management                           Operation of the three meetings
                           G2-15                                                           Conflict of interest                                             Information disclosure management
                           G2-17                                        Common knowledge of the highest governing bodies                                             Employee training
                                                                                Strategies, policies, and practices
                           G2-23                                                          Policy commitment                                       Internal control system; employment equity and diversity
                           G2-24                                                   Integration policy commitment                                              Employment equity and diversity
                           G2-25                                              Procedures to remedy negative impacts                         Smooth reporting channels; protection of customer rights and interests
                           G2-26                                        Mechanisms for seeking advice and raising concerns                  Smooth reporting channels; protection of customer rights and interests
                           G2-27                                               Compliance with laws and regulations                                         Information disclosure management
                           G2-28                                               Membership qualifications of societies                                        Support for industrial development
                           G2-29                                               Participation methods for stakeholders                                          Communication of stakeholders
                                                                                          Substantive topics
                           G3-1                                               Process of identifying substantive topics                                        Identification of material topics
                           G3-2                                                         List of substantive topics                                             Identification of material topics
                                                                                        Economic performance
                          G201-1                                          Direct economic value generated and distributed                           Performance summary; tax payment according to law
                          G201-3                                     Defined benefit plan obligations and other retirement plans                                       Benefits system
                                                                                    Indirect economic impacts
                          G203-1                                         Infrastructure investments and services supported                                Contribution to community development
                          G203-2                                               Significant indirect economic impacts                                              Innovation achievements
                                                                                        Procurement practices
                          G204-1                                   Proportion of expenditure on procurement from local suppliers                                  Sustainable supply chain
                                                                                            Anti-corruption
                          G205-2                               Communication and training of anti-corruption policies and procedures             Anti-corruption and anti-bribery; smooth reporting channels
                 Independent R&D   Solid Foundation           Good Faith               Priority to Safety       Contribution to      Close Cooperation        Green Development
                  ATW Innovation    Characteristic         Greater Prosperity          Focus on Quality             Society          Win-win Outcomes            Low-carbon                 Appendices
股票代码   688516
                                     governance                                                               Constant Dedication                                  Practices
            Topics Standards                                                     Disclosure Items                                                                    Pages
                                                                                         Taxation
                 G207-3                                     Stakeholder involvement and management of tax-related issues                                    Stakeholder identification
                 G207-4                                                               Country report                                                          Performance summary
                                                                                         Energy
                 G302-2                                              Energy consumption outside the organization                                               Energy resource use
                                                                                   Water and effluents
                 G303-1                                   Interaction between organizations and water as a common resource                                   Discharge of three wastes
                 G303-2                                                Management of drainage related impacts                                                Discharge of three wastes
                                                                                        Emission
                 G305-1                                                     Direct (Scope 1) GHG emissions                                               Greenhouse gas emissions in 2023
                 G305-2                                                Energy indirect (Scope 2) GHG emissions                                           Greenhouse gas emissions in 2023
                 G305-4                                                          GHG emissions intensity                                                 Greenhouse gas emissions in 2023
                 G305-5                                                         Reduction of GHG emissions                                               Greenhouse gas emissions in 2023
                                                                                          Waste
                 G306-1                                         Waste generation and significant waste-related impacts                                       Discharge of three wastes
                 G306-2                                            Management of waste related significant impacts                                             Cleaner production
                                                                       Environment assessment of suppliers
                 G308-1                                 New suppliers screened using the environmental assessment dimension                         Attention to supplier ESG performance
                                                                                      Employment
                 G401-1                                          New employee hiring rate and employee turnover rate                                     Employment equity and diversity
                                                      Benefits provided to full-time employees that are not provided to temporary
                 G401-2                                                                                                                                          Benefits system
                                                                                  or part-time employees
                                                                           Occupational health and safety
                 G403-1                                           Occupation health and safety management system                                          Occupational health and safety
                 G403-2                                    Hazard identification, risk assessment, and accident investigation                             Occupational health and safety
                 G403-3                                                         Occupational health service                               Occupational health and safety; employee privacy protection
                 G403-6                                                          Promoting worker health                                                  Occupational health and safety
                                                      Prevention and mitigation of occupational health and safety impacts directly
                 G403-7                                                                                                                      Occupational health and safety; care for mental health
                                                                           related to business relationships
                                                                                 Training and education
                 G404-1                                              Average annual training hours per employee                                                 Employee training
                 G404-2                                 Employee skills upgrading programs and transition assistance programs                                   Employee training
                                                                          Diversity and equal opportunity
                 G405-1                                             Diversity of governance bodies and employees                                         Employment equity and diversity
                                                                                      Public policy
                 G415-1                                                            Political contribution                                           Public interest activities and donations
Wuxi Autowell Technology Co. , Ltd.

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