B Sunshine Global Circuits Co., Ltd | 2023 Annually ESG Report 1
Sunshine Global Circuits Co., Ltd.
Environmental, Social &
Governance Report
Global Presence Local Service
About this report
Reporting Boundary Referring description
This report is published by Sunshine Global Circuits Co., LTD. The information and data in the report mainly cover the company's For the convenience of expression and reading, Sunshine Global Circuits Co., Ltd. is referred to as "SGC" or "the
company" or “We/us" . The copyright of this report belongs to Sunshine Global Circuits Co., Ltd.
environmental, social and corporate governance related practices during the period from January 1, 2025 to December 31, 2025. Based
on the continuity and comparison of the reports, some data and information are not limited in 2024.
Publish mode
Reporting Principle The report is released annually and is available for browsing or download on the company's official website
This report refers to the GRI standard, the ISO 26000:2010 Guidance on social responsibility standard, the United Nations (https://www.sunshinepcbgroup.com/). For any questions or suggestions about the report's content, feel free to contact us.
Sustainable Development Goals (SDGs), and the Self-Regulatory Guidelines for Listed Companies issued by the Shenzhen Stock Email address：esg@sunshinepcb.com
Exchange No. 17 - Sustainability Report (trial) requirements are prepared. Phone number2:+86 (0) 755-2724-3968
Fax:+86 (0) 755-2724-3609
Report Content
In preparing the report contents, the company adheres to the criticality, integrity, and responsiveness principles of the GRI
standard. The report covers three main aspects: Organizational, Governance, and Society & Environment. It focuses on the
company's responsibility in ESG governance, product responsibility, environmental responsibility, and employee responsibility. The data
and information for this report are collected following the company's existing workflow.
Catalogue
Message from Chairman of the Board 06 02 Organizational Governance: 04 Environmental-friendly: 06 Transparent Procurement:
Foundation of Growth Leading Green & Intelligent Manufacturing Fulfilling Social Responsibilities
Company Culture 07
Empowers a Connected World Employee Development
企业文化
Company Culture
Duty Vision
Message From 使命
Innovation Drives a Smart-
Connected World
愿景
Becoming the Global Leader in
Green and Intelligent Manufacturing
Chairman of the Board Dual Carbon Policy Builds
创新赋能智联世界
双碳构建美好生活
a Better Life
of High-Precision Electronic Circuits
成为全球高精电子电路绿色智造
领航者
Key value
核心价值观 Strategy
战略
To Our Esteemed Partners, Investors, and Stakeholders: Customer-Oriented, Efficient Innovation Brings the Leading
客户导向，高效协同 创新驱动的国际化专精市场
board. Facing the historic opportunities brought by the explosion of AI computing power, SGC continues to treat technological innovation and sustainable Professional and Dedicated, Co- Market
development as the twin engines of our strategic transformation. As a global enterprise deeply rooted in the electronic interconnection sector, we understand that 专业专注，共创共享
Creation and Sharing 领先
only by deeply integrating ESG principles into our corporate DNA can we build lasting core competitiveness in a fiercely competitive market. Over the past
year, amidst a complex and volatile external environment, we have pressed forward under pressure. We have not only achieved steady growth in performance
but also deeply embedded ESG concepts into our corporate strategy, striving to become a green enabler in the era of global AI intelligent manufacturing. Quality Policy
AI Manufacturing Leads Technological Innovation Quality First, Lean Production,
Innovation is the DNA of SGC and our core weapon for seizing AI-era opportunities and meeting market competition. In 2025, we formally established the Continuous Innovation,
leading position of our AI intelligent manufacturing strategy, launching the "Battle for AI Expansion." Through technological breakthroughs, we are opening up Customer Satisfaction.
new industry tracks and achieving "zero-to-one" breakthroughs in multiple key technologies. We remain committed to a customer-oriented principle, precisely Energy Conservation, Green
directing high-quality resources to core business areas to ensure the delivery of high-quality products to our global core customers. Safety, People Oriented,
Low-Carbon Practices Protect Ecological Harmony Employee Value Realization.
We consistently integrate the concept of low-carbon development throughout the entire product lifecycle, building a solid ecological foundation for
sustainable development. Through the intelligent transformation of production bases and digital management, we have significantly improved energy efficiency
and steadily increased the proportion of renewable energy usage, obtaining the ISO 50001 Energy Management System certification. This lays a solid
foundation for the positive interaction between industry and ecology. We are reshaping an environmentally friendly supply chain by actively introducing new
biodegradable and recyclable materials. Through process innovation and upgrades to our waste recycling systems, we have effectively reduced carbon emission
intensity per unit of output value while maintaining high growth in production capacity.
People-Oriented Approach Boosts Employee Growth
Corporate growth is inseparable from the dedication of every employee. We are dedicated to building a warm and trustworthy platform. In terms of
individual development, we have established a training system that covers the entire professional lifecycle, providing precise empowerment for different fields
and positions to help employees grow alongside the company. In building a diverse and inclusive culture, we have established multi-level career development
channels to systematically eliminate workplace barriers. Meanwhile, we are striving to improve living conditions and enrich cultural and sports activities,
ensuring that employees feel the warmth of home while achieving professional growth.
Excellent Governance Safeguards Steady Operations
Excellent corporate governance is the cornerstone of long-term stability. We continuously benchmark against international best practices, constantly
improving our ESG governance structure led by the Board of Directors. We are strengthening compliance, internal control, and information security systems,
utilizing digital means to achieve dynamic monitoring of ESG risks. Furthermore, we continue to enhance data governance capabilities to ensure a high degree
of compliance and transparency in the complex international trade environment, further consolidating the trust foundation of our customer ecosystem.
Looking to the future, SGC will open a new chapter of intelligent sustainable development with a sense of responsibility. In the coming year, we will adhere to
technology innovation to drive industrial progress, continue to delve deep into AI manufacturing and green technologies, and work hand-in-hand with global
partners to build a new green and intelligent ecosystem for the electronics industry while achieving continuous business improvement.
董事长：
First Time Yield（%）
Government incentives and support funds（10k Yuan/Year） 2,086.95
Water Consumption (T/Year) 1,287,397.00
Economic Information
Wastewater Discharge (T/Year) 1,020,163.00
Total electricity consumption (KWH/Year) 141,364,975.00
Natural Gas (KWH/Year) 1,360,830. 00
Total Assets (Billion yuan） 2
Annual Product Volume(10k m / Year) Sales Revenue (Billion yuan/Year）
Diesel (KG/Year) 58,756.46
Solid waste discharge (KWH/Year) 25,710.60
Tax (10K yuan/Year） R&D Investment (10k yuan/Year) Number of training courses Material Batch Qualification Rate (%) 99.98%
FQA Sampling Set Pass Rate（%） 99.31%
R&D Investment (10k Yuan/Year) 8,559.19
Number of R&D group member 285
Environmental protection Product Harmful Substance Female Middle-to-Senior Management Ratio（%） 10%
investment (10k yuan/ Year) Complaints (PCS/Year)
Frontline Employee Average Wage Ratio to Local Minimum Basic Wage 4.6:1
Average employee satisfaction（%） 90%
Gender Pay Ratio for Same Positions（%） 1:1
Patents Granted Wastewater Treatment
Scope 2 Emission (TCO2-e/Year) Labor contract signing rate（%） 100%
Compliance Rate (%)
Employee Health Examination Rate（%） 100%
Work-Related Deaths (person/Year) 0
Emission Monitoring Staff turnover rate （%） Scope 1&2 Total Emission (TCO2-e/ Safety Training Course (H/Person/Year) 15.23
Compliance Rate (%) Year)
Employee Annually Training (H/Year) 91,079.27
Employee Training Cost (10k Yuan/Year) 218.10
Average Employee Training Time (H/Person/Year) 33.70
Number of New Supplier Certification Audits 17
Employee Average Compensation Safety Investment (10k yuan/Year) Recovery of the amount of
recyclable waste (Ton/ Year) Annual Supplier SER Audit 29
Growth Rate (%)
Organizational Governance: Product Innovation Empowers a Environmental-friendly, Leading People-oriented, Supporting Transparent Procurement Fulfilling
Foundation of Growth Connected World Green & Intelligent Manufacturing Employee Development Social Responsibilities 11
SGC Overview
line. Following the mission of“Innovation Drives a Smart- Connected World, Dual Carbon Policy Builds a Better
Life”, we are dedicated to becoming the global leader in environmental-friendly and intelligent manufacturing of
high-precision printed circuited board.
SGC headquarters is located in Shenzhen, known as the "Silicon
Valley of China," with a registered capital of 3.73 million RMB. It boasts a
SGC was established in July 2001 and is headquartered in Xinqiao Street, Bao ‘an District, Shenzhen. On February 1, employees. With a strong technical foundation, SGC focuses on the
twenty years of development, SGC has six major production bases and sales entities under its umbrella: Shenzhen SGC, complex high-layer-count products.
Jiujiang SGC, Germany SGC, Malaysia SGC, Hong Kong SGC, and the United States SGC. Its business scope covers Shenzhen SGC
multiple countries and regions worldwide.
For many years, the company has been dedicated to the research, development, production, and sales of high-end circuit
boards. Based on the strategic positioning of "innovation-driven international market leadership in specialized areas," the Jiujiang SGC
company continuously increases its investment in research and development and technology. Its products include multilayer
Jiujiang SGC was established in July 2011 and is located in the Jiangxi
boards, HDI boards, high-speed boards, rigid-flex boards, flexible boards, thick copper boards, high-frequency boards, ATE
Jiujiang High-Tech Development Zone. With a registered capital of 1.273
boards, and optical module boards. Leveraging the differentiated layout of each production base, the company can meet
billion RMB, it covers an area of 130,000 square meters. The company has
customers' diverse needs from samples to small and medium batches. Its products are widely used in AI servers, automotive
the capability to mass-produce 2 to 40-layer PCBs and offers specialized
electronics, medical devices, energy power , electronic communications, and industrial control, among other fields.
product lines for high-speed, rigid-flex, thick copper, high-frequency, and
Mini LED markets.
Jiujiang SGC
German SGC
In 2013, Sunshine PCB GmbH was established in Remscheid, near
Düsseldorf, Germany. The company originated from the RINDE factory, which
was founded in 1966 and has a history of producing high-tech products,
including 12-18 layer PCBs and high-density PCBs. Under the strategy of
"Close to Customers, Real-Time Support," Sunshine PCB GmbH provides
localized and customized services to customers in the European region.
German SGC
Malaysia SGC
In July 2023, Sunshine PCB (Penang) Sdn. Bhd. was established in
Malaysia. The company originated from the Vision factory located in
Penang, Malaysia. After SGC acquired Vision, a series of intelligent upgrades
and expansions were carried out, increasing the monthly production
capacity to 7,000 square meters. The processing capability now covers 2-12
layer PCBs. Currently, a new second-phase factory with a construction area of
Malaysia SGC
leading manufacturer of rigid, RF, and microwave PCBs in Southeast Asia,
laying a solid foundation for SGC to expand its international market.
■ Product and Service
■ Industrial layout
In the context of continuously evolving customer demands and increasingly intense differentiated competition,
SGC has proposed an innovation-driven international market leadership strategy. This strategy focuses on the
research, production, and manufacturing of specialized products such as high-speed, rigid-flex, thick copper, high-
frequency, ATE and optical module. These products are widely used in AI servers, automotive electronics, medical
devices, energy and power, electronic communications, and industrial control fields. Adhering to the business
philosophy of "global layout, local service," the company continuously expands its overseas production and sales
bases, providing high-quality and efficient services to customers in countries across Asia, Europe, and the
Americas.
Electronic Medical Energy & Automotive Aerospace Industrial Low
Communi- Devices Power Electronics Controls Altitude
cations Economy
High frequency Heavy Copper
Power amplifier（wFEM） Block converter （BUC）
In the future, we will strengthen our foundational and product research and development to enhance product technical competitiveness
and increase the proportion of sales of mid-to-high-end PCBs. Additionally, we will adapt to the evolving market demands by intensifying
efforts in international market expansion, aiming to increase the company's global market share.
Optical Module Backplane
SGC's development over the past 20 years • Acquired Shenzhen Hisemitest
• Acquired Malaysian PCB company
has been filled with opportunities and challenges. Vision
• Shenzhen SGC and Jiujiang SGC
Through continuous innovation and perseverance, the passed ISO27001 Information
• Invested in SAX POWER GmbH, a
German lithium battery energy storage Security Management System
company. certification
company has demonstrated its profound foundation
• Invested in Icape Holding, a French PCB • Shenzhen SGC and Jiujiang SGC
trading company passed ISO50001 Energy
and outstanding strength in the electronics circuit. • Jiujiang SGC's professional production Management System certification
line went into operation
• Shenzhen SGC's IC substrate
• Jiujiang SGC achieved Customs AEO
professional production line
Advanced Certified Enterprise status
successfully went into operation
• Shenzhen SGC achieved Customs AEO
• Listed on the Shenzhen Stock • Shenzhen SGC successfully Advanced Certified Enterprise status
Exchange with the stock code introduced photomask products
• Established ATE professional production
line
• Shenzhen SGC established an laboratory construction was
Environmental-friendly completed
• Served as an executive director
Manufacturing Center • Jiujiang SGC's soft and hard
unit of industry associations
• Awarded the title of "Outstanding
combination board production line
expanded to a monthly capacity of
Supplier" by internationally
• J iujiang SGC succe ssfully
renowned companies (BMK, • Jiujiang SGC was awarded the
reached production capacity
ENICS, Flex) national-level titles of "Green Factory"
and was awarded the title of
"National High-Tech
production capacity to 40,000 • Comprehensive upgrade of the SAP
Enterprise"
• Jiujiang SGC obtained ISO
the USA launched the specialized full implementation of international
• Established a sales subsidiary in production line for rigid-flex human resource management
• The completion of the upgrade of Germany boards solutions
• Acquired a factory in Remscheid, • Shenzhen SGC obtained ISO/
the company's management
TS 14067 ca rbon footpr i
ISO/TS16949, and ISO14001
certifications. titles of "Green Environmental
• SGC Shenzhen • Awarded the title of "Shenzhen Protection Advanced Enterprise
Headquarters Established High-Tech Enterprise" in the Circuit Board Industry" and
• Awarded the title of "National "Shenzhen Pengcheng Waste
High-Tech Enterprise" Reduction Advanced Enterprise"
• Successfully transformed into a • Achieved international business
multi-variety, small-batch, high- transformation
tech enterprise, and initiated
international import and export
trade
Over the years, SGC has garnered numerous honors and accolades, which driving us to maintain our spirit of innovation
and craftsmanship. We are committed to constantly improving our product quality and service levels, making greater
contributions to the advancement of the electronic information industry.
Order Date Award Title Award Unit
Guangdong Province Famous and High-quality
High-tech Product
Industry and Information Technology Bureau of Shenzhen
Municipality
Prize Technology
Champion Enterprises Municipality
In recent years, the global PCB market scale shows a fluctuating upward trend, the printed circuit board industry benefited
Shenzhen Baoan District Xinqiao Street Party Working
from the development of AI, 5G, cloud computing, Internet of Things and other emerging technologies, the global market to 5 2025 Feb. Excellent Work Safety Management Enterprise
Committee and Office
maintain stable growth. However, the strong expansion of the industry in the past few years, PCB competition has intensified, 2024 Benchmark Demonstration Enterprise for Jiujiang Economic and Technological Development Zone Party
the release of the newly expanded production capacity of enterprises has been affected, and the production capacity may take a Digital Transformation Working Committee and Administrative Committee
longer time to be digested, and is now facing a key point of industry reshuffle. Shenzhen Baoan District Xinqiao Street Party Working
After more than 20 years of accumulation, SGC has accumulated a solid international customer base. In the face of the Committee and Office
complex and volatile international environment as well as the key point of industry reshuffle and change, SGC makes full use of 8 2024 Nov.
Benchmarking Enterprise Title Technology
the advantages of internationalization, takes the lead in transforming and upgrading the top management structure to the EMT
mode, and carries out optimization and innovation, and based on the deep understanding of digitization and intelligence, actively Shenzhen Environmental Protection Industry Association,
promotes the intelligent construction of the production process and supply chain, and actively responds to the challenges in the Environmental Protection Company
Printed Circuit Board Industry Association
industry. At the same time, based on a deep understanding of digitization and intelligence, the company is actively promoting
the intelligent construction of production process and supply chain, actively responding to market challenges and seeking long-
term development.
Rural revitalization helps development, sincere help Shenzhen Baoan District Industry and Information Technology
In 2025, SGC achieved sales revenue of 1.86 billion yuan, with R&D investment totaling 85.59 million yuan. In the future, 12 2024 Jun.
warms people's hearts Bureau
SGC will continue to adhere to its international and specialized market positioning, drive sustainable growth with innovation,
seize opportunities in the PCB market, and strive to achieve a leading position in the industry.
Economic Performance Data Statistics
Economic Performance Data 2025 16 2023 Sep.
Enterprise in Jiangxi Province Technology
Total Assets (billion yuan) 3.665 17 2023 Jun. 2022 Shenzhen Green Enterprises Shenzhen Green Life Creation Action Steering Committee Office
Annual Product Volume(10k m ）
Award Management Committee of the Communist Party of China, etc.
Sales Revenue (billion yuan) 1.86
CPC Jiujiang Economic and Technological Development Zone,
Total Tax (10k yuan) 3,083.22 etc.
R&D Investment (10k yuan) 8,559.19 20 2023 Feb. 2022 Jiujiang Outstanding Industrial Enterprises People's Government of Jiujiang
Government Incentives & Support Funds (10k yuan) 2,086.95
Organizational Governance:
SGC adheres to the principles of integrity, honesty, and compliance with laws and
regulations; and establishes and implements ESG governance to achieve sustainable
development for the company.
Peace, Partnerships
justice, and to achieve
strong goals
institutions
SGC strictly complies with the requirements of laws, regulations and the management regulations of the Shenzhen Stock Exchange—including the
Company Law, the Securities Law, the Code of Corporate Governance for Listed Companies, the Rules Governing the Listing of Shares on the ChiNext Market
of Shenzhen Stock Exchange, and Shenzhen Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 2—Standard Operations of ChiNext Market
Listed Companies. We are committed to continuously improving our corporate governance structure and internal management and control mechanisms,
standardizing business operations, and ultimately enhancing the overall level of corporate governance.
The Shareholders’ Meeting is the company's power institution, providing shareholders with a crucial means to exercise their legal rights. SGC strictly
complies with the requirements of laws, regulations, and internal governance documents—including the Code of Corporate Governance for Listed Companies,
the Rules Governing the Listing of Shares on the ChiNext Market of Shenzhen Stock Exchange, the Articles of Association, and the Rules of Procedure for
Shareholders' Meetings—to standardize the convening and holding of these meetings. We employ a combination of on-site and online voting to facilitate
shareholder participation in decision-making, ensuring that all shareholders, particularly minority shareholders, can fully exercise their rights.
The Board of Directors is accountable to the Shareholders' Meeting and is responsible for executing its resolutions in accordance with the law. Regarding
the composition of the Board, the Company places great emphasis on diversity and independence. We actively promote the independent director system to
leverage their objective judgment and professional expertise, thereby enhancing the rationality, scientific rigor, and standardization of corporate decision-
making. The Board currently consists of seven directors, including three independent directors and one employee representative director. The Board of Directors
has established specialized committees including the Strategy Committee, Audit Committee, Nomination Committee and Remuneration and Appraisal
Committee. These special committees work in collaboration with clear division of responsibilities and conduct effective supervision to ensure the stable and
sound operation of the Company.
SGC has established an Audit Committee under the Board of Directors to exercise the powers of the Board of Supervisors as prescribed by the Company
Law. In accordance with the law, the Audit Committee performs supervisory duties, including inspecting the Company's financial affairs, monitoring the
compliance of Directors and Senior Management in the performance of their duties, proposing the removal of personnel who violate laws, administrative
ESGGovernance structure
regulations, the Articles of Association, or resolutions of the Shareholders' Meeting, and demanding corrections when the acts of Directors or Senior
Management are detrimental to the Company's interests. By effectively exercising these statutory powers, the Committee firmly establishes the Company's
internal supervision defense line and safeguards the legitimate rights and interests of the Company and all its shareholders.
SGC consistently adheres to the business ethics of integrity and compliance, regarding them as the cornerstone of Anti-Corruption
sustainable development. To maintain a fair business environment, the Company have established and continuously SGC has established the "Anti-Corruption Operations Manual," which must be strictly followed by all
refined an anti-corruption management mechanism to safeguard our long-term stability. employees, suppliers, service providers, and contractors. This manual enhances the anti-corruption framework by
focusing on the supervision of high-risk areas and key positions susceptible to corruption. By enforcing these
Internally, we have built a full-process integrity and compliance management system, strictly enforcing a "Zero
measures, SGC ensures a transparent, ethical, and corruption-free business environment.
Tolerance" policy towards corruption and potential risks across the headquarter and all subsidiaries. Through
multidimensional measures—such as formulating the Anti-Commercial Corruption Operation Guidelines, organizing
the signing of Integrity Agreements for all employees, and conducting regular compliance training—we have fortified
Integrity Commitment Agreement
our internal control defenses to resolutely prevent all violations.
Externally, we strengthens risk control across the entire cooperation chain. For partners including suppliers, All new employees must sign the "Integrity Agreement" upon joining SGC. Strategic partners, including
suppliers, service providers, and contractors, are required to sign the "Sunshine Procurement Commitment for Strategic
service providers, and contractors, we have established a dynamic risk identification and evaluation mechanism. By
Partners." These agreements ensure that all parties act lawfully, maintain integrity, and resist any form of commercial
conducting regular anti-corruption assessments and implementing differentiated supervision strategies based on risk
corruption.
levels, we precisely control partner behavior to prevent external risks from penetrating the enterprise.
In 2025, SGC recorded no substantiated corruption incidents or related complaints, and faced no litigation or
Compliance Awareness Training
disputes arising from corruption or bribery. To further maintain an atmosphere of integrity and transparency and enhance employees‘ awareness of legal
compliance, SGC conducts compliance training through various channels，including new employee orientation,
distribution of employee handbooks, and annual training programs to improve overall legal literacy and compliance
consciousness of our workforce. Meanwhile, SGC conducts regular anti-corruption training sessions for suppliers,
extending the philosophy of integrity throughout the supply chain to jointly foster a business environment characterized
by honesty and transparency.
Oversight and Accountability
SGC has established an Anti-Corruption Supervision and Management Team against commercial corruption, led by the
Internal Audit Department. This team monitors the implementation of the Integrity Agreement, while the Internal Audit
Department specifically focuses on detecting fraudulent activities and unethical behavior.
SGC enforces a strict accountability system for employees who violate the Integrity Agreement. For suppliers
Compliance who breach the Strategic Partner Sunshine Procurement Commitment Letter, SGC will resolutely disqualify them
Management from cooperation. Any cases constituting the crime of commercial bribery will be referred to judicial authorities for
System criminal prosecution.
Reporting Channels
SGC has established the "Anti-Fraud and Reporting System" to encourage employees and business partners to
Implementing report corrupt activities. Reports can be submitted via the publicly available email or hotline. The company advocates for
Supervision, Monitoring,
real-name reporting, ensuring that whistleblowers are protected during the investigation process. Any form of
and Accountability
discrimination or retaliation against whistleblowers is strictly prohibited.
Reporting Email: internalaudit@sunshinepcb.com Reporting Hotline: 0755-27243927
SGC has established a comprehensive "Three Lines of Defense" risk management system with clearly defined
responsibilities to continuously strengthen risk prevention and control capabilities throughout our operations. The First Line of To promptly obtain and respond to stakeholder needs, the company, based on the requirements of "ISO26000:2010 Guidance on Social
Defense consists of business units, which bear primary responsibility for risk management and are tasked with daily risk Responsibility" and the "GRI Standards," has identified stakeholder requirements and expectations, as well as ESG issues. The company
identification and frontline control. The Second Line of Defense comprises risk management functions—including Legal, employs the "matrix evaluation method" to assess ESG key issues from two dimensions: "the degree of impact on corporate sustainability" and
Quality, Safety, Finance, and HR. Through policy development, professional support, and oversight mechanisms such as audits, "the degree of stakeholder concern about ESG issues." The company aims to address stakeholder needs and expectations through
inspections, and assessments, they assist business units in effectively implementing risk control requirements. The Third Line of communication and engagement, effectively control ESG risks, and achieve its strategic development goals.
Defense is the Internal Audit department. Operating from an independent and objective perspective, it conducts supervision and
evaluation to continuously verify the effectiveness of the risk management and internal control systems, driving their continuous
improvement. This framework provides a solid guarantee for identifying, preventing, and responding to significant risks across
environmental, social, and governance (ESG) domains, robustly supporting the steady achievement of our sustainable
development goals.
Interested Parties Identification (ESG Evaluation (Double Determination
Join Risks, Parties Materiality, Expert of Key
Communication Concerns) Opinions) Issues
Range, Background, Criteria
Supervision and Examine
Risk Estimate
Communication and
Risk Identification
consultation
Risk analysis SGC
Risk assessment
Risk response Supervisory Authority Clients
Record and Report
Community & NGO Suppliers
Comprehensive Enterprise Risk ManagementSystem
SGC, in accordance with the "Basic Norms for Corporate Internal Control" and other relevant laws and regulations, has established a
comprehensive internal control system that is effectively implemented. The Internal Audit Department conducts special audits on key matters
Environment Employee
such as internal control operations, financial income and expenditure, placement and use of raised funds, and related transactions in accordance
with the "Internal Audit System." This ensures the company's operations and management are legal and compliant, assets are secure, and
financial reports and related information are truthful and complete.
We also conduct internal control evaluations according to the "Basic Norms for Corporate Internal Control" and relevant regulations,
issuing internal control evaluation reports. Additionally, the company engages external accounting firms to independently audit the Competitor Investor
effectiveness of the internal control system. In 2025, there were no major or significant deficiencies in internal control related to financial and
non-financial reports. The internal control system operated effectively, maintaining effective internal control in all major aspects.
Interested Party Focus and Reply
Product Innovation Empowers a
Product quality is the lifeblood of the enterprise and the key to sustainable
development. The company drives economic growth through technological
innovation and enhances customer satisfaction through meticulous manufacturing.
We are committed to becoming a global leader in high-precision electronic circuit
green manufacturing.
R&D and Technological Innovation Performance Data Statistics
Scientific and technological innovation is the source power enterprises to realize high-quality development. Guided by the mission to “lead the R&D Investment (10k yuan/Year) 8,559.19
development of innovative technologies, underpin our core technical competitiveness, and continuously secure new profit growth engines,” and Number of R&D Personnel 285
adhering to the core values of “customer orientation, open innovation, and efficient collaboration,” the Company is dedicated to becoming a leading Patents Granted 17
R&D and innovation institution in the electronic circuit industry. The Company's R&D system is market-oriented, continuously tracking and
collecting application requirements from downstream customers as well as industry development trends. We actively layout frontier research topics to
ensure our product technologies precisely align with customer needs.
We commit substantial funds to R&D annually, introducing advanced equipment to develop new products and processes, thereby continuously
enhancing product quality. Statistics show that in 2025, the Company invested a total of RMB 85.5919 million in R&D, providing ample resource
guarantees for the success of product development and technological innovation projects.
■ Excellent R&D Team
Adhering to the development path of "technology-based enterprise," SGC has established a technology center to oversee R&D activities and S GC Technology Center was awarded the title of Shenzhen S GC was awarded the honorary title of
"Guangdong Province 5G High-DensityInterconnection "Specialized, Special, and New Small and
build a high-end research team. The core R&D backbone consists largely of industry veterans who possess keen insight into frontier industry
(HDI) Printed Circuit Board Engineering Technology Medium-sized Enterprises"
directions and market trends, backed by efficient R&D capabilities. The Company continues to increase R&D investment, leveraging platforms Research Center"
such as the Provincial Engineering Technology Research Center to tackle key technologies, providing sustained and stable support for
technological innovation.
The Technology Center comprises multiple specialized research groups with clearly defined responsibilities and objectives, ensuring distinct
division of labor and accountability. In addition to a high-quality professional team and advanced equipment, the Company has also established a
comprehensive incentive mechanism for R&D personnel. In 2018, the Technology Center was awarded the “Guangdong Province 5G High Density
Interconnection (HDI) Printed Circuit Board Engineering Technology Research Center”, and in 2023, Shenzhen SGC and Jiujiang SGC were
respectively awarded the title of “Specialized, Specialized and New Small and Medium-sized Enterprises” and the honorary title of “Jiangxi
Province Innovation Management Model Enterprise”.
Jiujiang S GC was awarded the honorary title of "Jiangxi Province
Management Innovation Demonstration Enterprise"
■ Technological Innovation Management
To improve the standardized management of technological innovation and new product development, the Technology Center has
established a series of R&D project management procedures, including the "R&D Project Operation Management Process," "SGC Process
Capability Management Specification," "Material Selection and Usage Work Instructions," "New Material Certification Work Instructions,"
and "R&D Board Order Operation Process Specification." These procedures control the critical processes of design and development to ensure that
the quality of new products and technologies meets customer requirements, relevant laws and regulations, international standards, and industry
standards.
While actively conducting independent R&D, we also engage in extensive industry-university-research collaborations with enterprises,
universities, and research institutes. On one hand, we leverage the academic strengths of universities in fields such as manufacturing
equipment, automation, electronic information, advanced materials, and chemical engineering to help solve technical challenges
encountered during production. On the other hand, the Company has established joint laboratories with prestigious institutions like the
A working scene in a sterile laboratory Southern University of Science and Technology (SUSTech) to jointly conduct research projects and develop new products.
■ Product R&D Achievements
Product Product Technical Parameters Picture Application Fields and Their Functions
■ Management Policy
Layers:：20 Designed as a universal, high-density, and highly
High Material：EM-890K interconnected acceleration module standard for
Multilayer, Board Thickness：2.4mm AI high-computing clusters, this hardware serves Quality First, Lean Production, Continuous Innovation, Reach Customers Requirements
as the core unit for Large Language Model (LLM)
Advanced HDI, Min. Line Width/Spacing: 2.4/2.0 training, AI inference, supercomputing, scientific
OAM mil computing, weather forecasting, and autonomous
HDI Structure:7Press + 6Laser driving training.
Quality First
Through education and quality activities, Lean Production
Layers: 12
Material: TU-865 improve the quality system, so that all employees
Layer robotics, this solution replaces traditional radial
Board Thickness: 2.1± 0.2mm establish the concept of excellent quality innovation in software, hardware, and system
Interconnect motors to deliver a more compact form factor,
Line Width/Spacing: 0.1mm lighter weight, and lower power consumption methodologies, we consistently enhance our
Axial Flux management, focus on work quality, reduce scrap,
Min. Hole Size: 0.1mm while maintaining identical functional parameters.
Stator PCB and eliminate rework. Establish a good corporate technical capabilities, reduce production process
Surface Finish: ENIG
reputation while firmly opposing any form of deviations, and maintain the company's vitality
Layers: 3-Stage HDI bribery and corruption to protect the company's
Designed for New Energy Main Drive Inverters
and drive.
Material: EM-A50 interests and promote fair trade.
PCB- and compatible with 800V high-voltage
Board Thickness: 3.0 ± 0.3 mm
Embedded SiC architectures, this solution features SiC chip
Line Width/Spacing: 0.5 mil embedded packaging to effectively reduce system
Power Module
Min. Hole Size: 0.125 mm stray inductance and enhance power density.
Surface Finish: ENIG Reach Customers Requirements
Continuous Innovation
Through continuous improvement and While meeting customer needs for product
Supercomputer motherboards are specialized
platforms engineered for high-performance innovation in software, hardware, and system quality, delivery, and service, we provide
Layers: 20
Material: R-5785(GN) computing scenarios like AI training and proactive and professional advice to improve
Supercomputer scientific simulation. Their core mission is to methodologies, we consistently enhance
Dimensions: 502 * 610 mm product design and specialized services.
Motherboard stably and efficiently orchestrate critical technical capabilities, reduce production
Board Thickness: 4.3 mm components—such as CPUs, GPUs, and
Surface Finish: ENIG process deviations, and keep the company This approach helps our customers achieve
memory—under extreme loads, thereby
delivering top-tier computational power. dynamic and motivated. significant breakthroughs and advancements in
product performance and cost efficiency
Robot Brain- Layers: 12, 3-Stage HDI Designed as the computational core for robotic
"brains," this module handles algorithms, model
Cerebellum Material: EMS26
inference, visual perception processing, and
Computing Board Thickness: 2.0 ±10% behavioral decision-making. It serves as a critical
SOM Surface Finish: OSP component of the robot.
■ Quality Management Performance
Layers: 42
Material: TU-933+ The Data Center Backplane is the critical
hardware addressing the exponential growth of SGC has established a comprehensive quality management system based on international standards including ISO9001, IATF16949,
Dimensions: 1041 * 621 mm
Data Center AI computing power. Through extreme layer AS9100, ISO13485, QC080000, etc., and has passed UL, CQC and other product safety certifications. SGC has been included in the Top
Board Thickness: 6.5mm ±6%
Backplane counts and advanced material processes, it
Surface Finish: ENIG achieves high-speed, stable interconnectivity 100 Chinese PCB Enterprises list released by the China Printed Circuit Association (CPCA) for consecutive years. From 2013 to 2021,
Special Requirement: -0.5 between boards within limited space.
dB/inch @ 12.89 GHz the Company ranked 64th, 61st, 59th, 54th, 47th, 48th, 45th, 45th, and 42nd, respectively, on the "China Electronic Circuit Industry
Layers: 12 Ranking List" evaluated by the CPCA. In 2025, according to the 2024 Revenue of Major Enterprises in China's Electronic Circuit
Optical modules are the core components
Material: EM-890K enabling optoelectronic signal conversion, Industry jointly released by the CPCA and the China Information Technology Industry Federation (CITIF), SGC ranked 42nd among the
Board Thickness: 1.0 mm widely used in data centers,
Line Width/Spacing: 70/100 Top 100 Comprehensive PCB Enterprises and 22nd among the Top 100 Domestic PCB Enterprises.
telecommunications networks, and AI
Module BGA Pitch: 0.4 mm AI large model training and cloud computing
Impedance Tolerance: ±8% demands, high-speed optical modules are
Min. Blind Via: 0.08 mm rapidly evolving from 100G to 400G, 800G,
and even 1.6T, becoming the critical
HDI Class: 3-Stage HDI
infrastructure supporting the digital economy.
Surface Finish: ENEPIG
SGC boasts a team of seasoned management professionals Quality Performance Data Statistics
with extensive expertise in both rigid and flexible PCB
manufacturing. Adhering to international quality standards, we
Quality indicators 2025
implement Total Quality Management (TQM) across the board. We
systematically decompose quality objectives into specific targets First Time Yield（%） 89.96%
for every department and role, covering quality planning,
management processes, and operational specifications, with Number of Product Hazardous Substance
Complaints (Pcs / Year)
monthly statistical analysis and continuous improvement
initiatives. Statistics show that from 2022 to 2025, our First Time Material Batch Pass Rate （%） 99.98%
Yield (FTY) has increased year-on-year, while the Final Quality
FQA sampling pass rate （%） 99.31%
Audit (FQA) pass rate has consistently remained above 99%. These
metrics demonstrate the high maturity of our product quality and
delivery management.
ISO9001: Jiujiang IATF 16949 ISO13485 AS9100D
ISO9001: Shenzhen ISO14001 ISO5001
Quality Management System
CQC Product Certification UL Product Certification QC080000 Management System Certification SGC's quality management passed the customer's on-site audit
Supplier Quality Management: To ensure that the quality of raw and auxiliary materials meets the required standards,
SGC has formulated and published the "Supplier Quality Management Work Instruction." This document clearly specifies the
control processes and execution guidelines for new supplier development, supplier quality assessment, annual review,
Building on a foundation of quality system management: We actively promote the operation concept of a smart Product Inspection and Testing: SGC has invested in establishing a central laboratory equipped with advanced
factory. Focusing on the "flexibility" requirements of a smart factory, the company has transformed the traditional manual testing instruments from both domestic and international sources. This laboratory conducts electronic product failure
scheduling and handling of products, finished goods, and materials into an AGV (Automated Guided Vehicle) intelligent analysis and reliability research, and it also houses a semiconductor integrated circuit packaging process laboratory. Since
logistics system supported by MES (Manufacturing Execution System) and RCS (Robot Control System) intelligent scheduling its establishment, the laboratory has continuously improved its testing capabilities, covering the necessary performance tests
systems. This system, combined with AGV's autonomous path planning and intelligent warehouse management functions, for products. It provides comprehensive quality inspection and evaluation of products, materials, components, and
has significantly improved the level of quality management and production efficiency. intermediate products, meeting the testing requirements for product design, verification, and production processes.
When a production process signals a material shortage, an AGV vehicle retrieves materials from the warehouse and delivers
them to the machine. After the machine completes the detection process, the AGV vehicle transports the semi-finished products
to the semi-finished goods warehouse. The pre-treatment line process within the company's inner layer has currently
achieved full closed-loop production automation and data informatization, encompassing automatic logistics, automatic
machine loading, automatic recipe cutting, automatic data collection, and automatic machine unloading.
The entire plant's transportation is uniformly managed by AGVs, allowing for 24/7 continuous operation. The use of AGV
robots and intelligent scheduling systems enhances the timeliness and accuracy of transportation tasks, reduces manual labor
intensity, includes error-proofing checks during operations, and provides real-time visualization and control of logistics
conditions, facilitating material traceability management.
White Light Interferometer InfraredSpectrometer
Thermal Shock Test Chamber Thermal Emission MicroscopeSystem
QC Board Advanced production equipment
Dynamic Thermomechanical Analysis (DMA)) Vector network analyzer (43.5G)
Shear force tester Cyclic Interconnect Stress Testing System
■ Customer Privacy Protection
security management measures in accordance with international information security management standards to effectively
■ Customer Satisfaction Survey control information security risks. 1) Information Security Management Procedures: In order to prevent risks during the use
of computers and information systems, the Company has formulated Server Backup Management Procedures, Network
In order to test the current level of customer satisfaction, explore the potential needs of customers, and find Antivirus and Firewall Management Documents, and Management Documents on the Standardized Use of Computers and
opportunities to improve service quality, the company has established and implemented the “Customer Satisfaction Networks, etc., which set out clear provisions on database data backup, regular restoration and testing and validation,
Management Program” according to the requirements of international standards. The company conducts annual customer firewall management, and computer maintenance and repair, so as to ensure the integrity, security, and continuity of the
satisfaction surveys by means of questionnaires, customer visits, monthly customer scorecards and daily communication, equipments and data. The company has clearly defined regulations on database data backup, regular recovery and test
including quality, delivery, engineering data processing, customer complaints, manufacturing process level, price and other verification, firewall management, computer maintenance and repair to ensure equipment and data integrity, security and
aspects. The Company convenes business departments to hold customer satisfaction survey analysis meetings to discuss and continuity of production activities. 2) Information security hierarchical management: The Company has established a
analyze the survey situation and form customer satisfaction survey analysis reports; business departments analyze the causes workflow and security management system for the collection and use of customer information and its related activities,
of the problems found in the survey and formulate improvement plans, and the Quality and Customer Service Department implemented the classification of customer information, strengthened the security management of account numbers, and
conducts regular tracking of the improvement actions and confirms the effects. According to survey results from 2019 to changed complex passwords on a regular basis, and required that contractual agreements and project information be strictly
service excellence. to ensure that only the personnel who have been formally applied for can access the relevant system; the company carries
Regular
out shielding treatment for customer information in SAP system, regularly backs up, and carries out review on the action of
Customer Customer
annual e-mail batch exporting, copying, and destroying the information, in order to prevent the risk of information leakage. 4) Firewall
visits and Grievances,
or faxed
questionnaires
surveys Complaints and anti-virus software: Advanced firewall and anti-virus software are adopted to effectively identify and block external
Delivery attacks and protect the safety of the intranet and computer system, so as to build a safe and reliable customer information
performance protection system. 5) The company has passed the ISO 27001 Information Security Management System certification.
(including
excess freight
incurred)
Collection and Company
processing of Client Monthly
regular Scorecard, website,
satisfaction Indicator Card WeChat
information communication
Scoring Criteria
Evaluation results Excellent Good Done Pass Fail
Score 10 7-9 5-7 3-4 1-2
A: Calculation of each customer satisfaction score: (External customer rating * 70% + average internal score of responding customers * 30%)
B: Annual customer satisfaction score = (sum of each customer satisfaction score) / sum of total number of participating customers * 100 %
ISO27001 Information Security Management System Certification
Environmental-friendly,
Manufacturing
We upholds the philosophy of being responsible to society and the planet.
We are committed to consistent investment and scientific management to be a
responsible and conscientious enterprise, ensuring sustainable development.
HSF管控措施
Control Measures
HSF (Hazardous Substances Free) refers to the reduction of hazardous substances listed in RoHS directives,
REACH regulations, or other relevant laws, as well as those restricted or prohibited by customer requirements due
to their harmful effects on the environment and human health. To ensure that the company's PCB product 1）The company has established HSF (Hazardous Substances Free) plans and policies, complying with environmental regulations
production and operations fully consider environmental and human health impacts, comply with customer worldwide and implementing a hazardous substances management system to ensure product compliance with HSF requirements.
requirements, and adhere to relevant product safety and hazardous substance control regulations, the 2）The company identifies all factors affecting HSF, including manufacturing, packaging, labeling, delivery, equipment, tools,
company has developed and published the "HSF Control Procedure." This procedure implements a systematic fixtures, and auxiliary materials.
management mechanism to prevent hazardous substances from contaminating products. 3）The company formulates "Hazardous Substance Control Standards" and "Declaration of Non-Containment of Hazardous
In 2024, the company obtained the QC080000:2017 certification for its Hazardous Substance Process Substances" to meet customer and regional regulatory requirements, controlling hazardous substances in incoming materials, processes,
Management System. Furthermore, from 2021 to 2025, the company recorded zero complaints related to and finished products.
hazardous substances. 4）The procurement department evaluates and approves suppliers according to the "Supplier Management Procedures" to ensure
effective hazardous substance control systems. For new materials, HSF monitoring data is requested from suppliers to verify compliance.
compliant products are sealed immediately and subject to further tracing, verification, and rectification.
Identify HSF Factors and Establish
HSF Control Standards
Regulations and Customer Requirements
HSF Product Design and
Development Process
HSF Material Process Management
HSF Production Process
Management
HSF Supply Chain Process
Management
HSF Quality Assurance Process
Hazardous Substances Free System
RoHS Certificate of Compliance Finished Product Hazardous QC080000:2017 System
Substance Monitoring Report Certification
■ Environmental Policy
Energy conservation and emission reduction, green and safe
Environmental protection serves as the bedrock for our company's survival and growth, representing an
obligation we are duty-bound to fulfill. Grounded in the principles of social and planetary responsibility, we remain
steadfast in our commitment to invest resources, em ploy scientific methods for governance, meet emissions
standards, adhere strictly to legal and regulatory frameworks, and act as a conscientious enterprise. These actions are
taken to guarantee our sustained and responsible business operations, fostering a future of enduring prosperity.
The company adheres to a path of green development, adopting the policy of energy conservation and emission
reduction, as well as promoting green safety in our management approach. We uphold the principle of allocating
appropriate environmental costs in a rational manner, striving for a win-win scenario between corporate profits and
environmental benefits. We prioritize conservation, protection, green industrial layout, green management, and green
production. Focusing on green, low-carbon, and circular practices, we aim to establish ourselves as a green enterprise.
Environmental management mechanisms
The company has established a systematic environmental management system in accordance with the Environmental Performance Data Statistics
ISO14001:2015 standard, continuously increasing its investment in environmental protection while adhering to
national environmental protection regulations. Utilizing the PDCA (Plan-Do-Check-Act) operational model, it Environmental Indicators 2025
continually enhances its environmental performance. According to statistics，the company's total investment in Environmental protection investment amount
environmental protection amounted to 26.926 million yuan in 2025. 2,692.60
(10k yuan/year)
Total water consumption (T/year) 1,287,397.00
objectives, comprising energy conservation targets, input-output efficiency goals, and pollutant discharge standards
compliance aims. These objectives are propelled through an assessment mechanism that drives the execution and Wastewater discharge volume (T/year) 1,020,163.00
advancement of environmental activities across departments, fostering ongoing pollution prevention and Proportion of wastewater treated up to standard
improvement initiatives. 100%
(%)
design, raw material selection, process improvements, and production management. This approach seeks opportunities (%)
for enhancement in clean production, maximizing the conversion of raw materials and energy into products, Chemical Oxygen Demand (COD) discharge
volume (T/year)
minimizing resource wastage, and reducing the emissions of pollutants and their environmental impact.
formulated, which includes organizing related activities, environmental protection training sessions, promotional
Total electricity consumption（KWH/ year） 141,364,975.00
campaigns, and exchanges. These efforts enhance understanding of environmental regulations and environmental
management activities, thereby raising employees' environmental awareness. 3
Natural gas（m / year） 1,360,830.00
management reviews, and periodically arranges for third-party monitoring of environmental pollutants to identify and Diesel（KG/ year） 58,756.46
address potential environmental hazards. From 2023 to 2025, the company achieved a 100% compliance rate for
Gasoline（KG/ year） 15,733.36
pollutant emissions, including waste gas and wastewater, delivering strong environmental performance. During the
period from 2023 to 2025, Shenzhen SGC was honored with titles such as "Excellent Enterprise in Green Solid waste discharge volume（T/ year） 25,710.60
Manufacturing and Environmental Protection," "Shenzhen Green Factory," "National Green Factory," and the
"EcoVadis Silver Medal." Recyclable waste volume（T/ year） 10,113.37
Environmental Management Responsibilities: SGC Circuit adheres strictly to national environmental protection
regulations, actively implements the Environmental Impact Assessment (EIA) system and the "Three Simultaneities" principle.
The company has established rigorous environmental management systems, setting up environmental management
■ Climate Change Risk Identification
departments and dedicated personnel to oversee environmental protection work, communicate with government
environmental authorities, operate, maintain, and supervise environmental facilities.
Clean Production Audit: Shenzhen SGC has undergone three rounds of clean production audits. The first round was
As the global economy expands, the consumption of fossil fuels by humans has led to a significant increase in
completed in 2012, the second in 2018, and the third in 2023. These clean production audits have significantly assisted the
greenhouse gas emissions, which in turn have caused a worldwide climate impact through the greenhouse effect. In
enterprise in enhancing production efficiency, energy utilization rates, and reducing pollutant emissions. They have also
response to this, the company refers to the risk analysis framework provided by the Task Force on Climate-related Financial
brought about substantial economic benefits, realizing a "win-win" scenario where both economic and environmental benefits
are achieved. Disclosures (TCFD) to identify potential climate-related risks and opportunities in its production activities, incorporating these
Upgrade of Exhaust Gas Treatment Systems: The company operates three sets of organic exhaust gas treatment into its overall environmental risk management. By conducting climate risk identification and assessment, policy research,
systems, which originally employed a process combining "water scrubbing + UV photocatalytic decomposition + primary benchmarking against industry peers, and integrating expert opinions, the company has identified the following climate
activated carbon adsorption." In 2023, the company upgraded the treatment process for these systems, modifying it to feature change risks relevant to its business development.
filtration + water scrubbing + secondary activated carbon adsorption. Following the upgrade, the efficiency in treating volatile
organic compounds (VOCs) was enhanced.
Climate Risk and Opportunity Identification and Evaluation
Environmental Filter Press Upgrade: In 2025, the company invested 250,000 yuan to replace the old
wastewater treatment filter press with a fully automatic double-pressure filtration system. The project has been
Risk Category Risk Factor Potential Financial Impact Mitigation Measures
successfully installed and is now fully operational. The new system has reduced the moisture content of the
sludge by 3%-5%, resulting in an annual reduction of approximately 100 tons of sludge.
Climate Disasters (e.g., Typhoons, Floods Increased Operating Costs, Establish Emergency Response
Acidic Etching Solution Recycling System: During the production process, acidic etching waste liquid is Leading to Safety Incidents or Forced Suspension Decre ased Value of Fixed Plans and Conduct Annual
generated. The company uses membrane electrolysis technology to extract copper ions from the acidic etching solution. By of Production) Assets Drill Exercises
Physical Risks
combining multiple proprietary innovative technologies, the waste liquid is entirely recycled back into the production process,
Climate Change Impacts (such as Persistent Rising Operating Costs Integrate Climate Change
achieving 100% recycling and zero discharge of etching waste liquid. High Temperatures Causing Power Supply Awareness into Daily Operations
Waste Sorting and Disposal: The company manages various wastes generated during the production process through Anomalies, Increased Cooling Costs, Unstable Management and Enhance Energy
Supply Capacity and Transportation) Efficiency
classification. Recyclable waste is sorted and recycled for reuse, while non-recyclables are handled according to national
regulatory requirements for classified disposal. Hazardous waste is entrusted to qualified agencies for proper handling, and Policy and Legal Risks (such as Rising Carbon Prices Rising Operating Expenses, M o nit o r Relevant L aw s and
and Implementation of Carbon Taxes Leading to Increased Financing Costs Regulations, Regularly
domestic waste is regularly cleared and transported by sanitation services for appropriate treatment. Increased Operational and Procurement Costs) Report Greenhouse Gas
Emissions Data, and Effectively
Respond to Policy Changes
Technology Risks (such as Upgrading to Energy- Growing Operating Enhance Equipment
Saving and Emission-Reduction Equipment) Expenses Utilization Efficiency and
Transition Risks Increase Product
Manufacturing Productivity
Market Preference Risk (such as Increasing Scrutiny Impaired Product Sales , Negative Elevate Climate Change as a
from Capital Markets, Customers, and Other Impact on Corporate Reputation Key Agenda Item, Disclosing
Stakeholders on Corporate Climate Actions; Poor and Brand Influence Carbon Emission -Related
Environmental and Climate Performance May Information through ESG
Subsequently Affect Company Reputation and Reports, Stakeholder Surveys,
Performance) and Other Channels
Technology Opportunities (Early Adoption of Decreased Operating Costs, Fo rm ulate Carb on Red uc t io
Clean Technologies and Use of Renewable Energy Boosted Sales of Low- n Strategies, Employing Clean
Sources to Effectively Mitigate Future Risks of Carbon Products Energy to Decrease Product-
Rising Energy Prices) Related and Operational Carbon
Transition Emissions
Opportunities
Market Preference Opportunities, Enhancing Increased Revenues, Actively Increase Investments
Competitive Position in the Market by Enhanced Environmental in Decarbonization, Engage
Developing Innovative Low-Carbon Products Image and Brand Influence Suppliers in Collective
to Meet the Demands of Capital Markets, Action, and Offer Customers
The upgraded organic exhaust gas treatment system Acidic Etching Solution Recycling and Regeneration System
Customers, and Stakeholders for Sustainable Cleaner, Lower-Carbon, and
Solutions More Efficient Products
■ Our Carbon Reduction Initiatives
standards, and commissions a third-party verification organization to verify the carbon emission data and issue a carbon
SGC is being implemented in two phases in accordance with the industrial park's construction plan. Phase I,
verification report. the total emissions of the company's Scope 1 and 2 at the operation level in 2025 will be 71,223.70
covering the underground piping network, has been completed. Phase II, involving equipment installation and
TCO2-e/year.
commissioning, is scheduled for completion within two years. Upon full completion, the project is expected to
save 870,000 kWh of electricity annually and reduce carbon dioxide emissions by 485.72 tons.
production process. In order to reduce carbon emissions, the Company has set up an energy management organization, the
Energy Saving and Emission Reduction Group, and formulated a comprehensive energy management system, including the
photovoltaic (PV) power generation systems. In 2024, the system covered electricity usage for employee
Energy Management System of SGC, the Energy Saving Reward and Punishment System of SGC, and the Energy
dormitories (Blocks A & B), information boards, and corridor lighting, injecting green power into daily
Management Procedures, etc., to comprehensively promote energy saving and consumption reduction, and has achieved good
operations with a total generation of 28,100 kwh for the year. Additionally, a new 766 kwh distributed PV
carbon reduction performance.
project was filed in 2024 and officially connected to the manufacturing grid in April 2025. This new addition
generated 700,000 kWh in 2025.
foundation for the carbon emission of statistical scope III. In addition, the company provides free dormitories for，located
just a ten-minute walk from the office. The purpose of reducing carbon emissions in Scope III has been achieved.
Energy-Saving Retrofit Project Emission Reduction Performance Statistics
Greenhouse Gas Emissions Data Statistics
Carbon Reduction Measures Detailed Description Carbon reduction（TCO2-e）
Environmental Indicators 2025
Decommissioning of Nickel-containing Decommissioning of Nickel-containing Evaporation Facilities in the
Evaporation Facilities at Jiujiang SGC Environmental Protection Zone
Scope 1 Emissions (T CO2-e/ year） 3,331.95
Jiujiang SGC HVAC Retrofit:
Retrofit of Electric Heating to Hot Water Coils in the Cleanroom HVAC
Converting Electric Heating to Hot 104.18
System
Water Coils
Scope 2 Emissions(T CO2-e/ year） 67,891.75
Retrofit of dust collection motors with
Scope 1 and Scope 2 Total Emissions (T CO2-e/ permanent magnet motors at Jiujiang Upgraded to equipment with higher energy efficiency 438.74
year）
Energy Efficiency Retrofit of Drilling Changed the drilling machine cooling method from traditional self-
Oil Coolers at Jiujiang SGC contained cooling to central chilled water cooling
Automatic Frequency Modulation of Automatic Frequency Control of Exhaust Fans Based on Production
Jiujiang SGC Exhaust Gas System Equipment Status
Jiujiang SGC replaced the air
compressor system after-treatment Installation was completed on October 4, 2025, reducing the operation of
equipment with Grade 1 energy- one air compressor in Factory 2 and 0.5 units in Factory 1
efficient dryers
Retrofit of production line electric
Removed electric heaters from the high-temperature production line and
heaters to air source heat pumps at 104.18
replaced them with energy-efficient air source heat pumps
Jiujiang SGC
Retrofit of High-Pressure Air Knife Retrofit of traditional turbo fans to high-speed permanent magnet energy-
Fans on Jiujiang SGC Horizontal Line saving fans
Energy-saving Retrofit Project for Dust
Suction Pipelines in Shenzhen SGC Replaced with 6 high-efficiency motors to reduce electricity consumption 578.26
Drilling Workshop
The Distributed Photovoltaic Power Generation Project was officially
Shenzhen SGC Photovoltaic Project commissioned in April 2025, supplying power directly to manufacturing 426.72
operations, with an annual generation of approximately 700,000 kWh.
Total 3,641.72
Shenzhen SGC Photovoltaic Project
People-Oriented,
Development
Adhering to the core concept of position value, SGC Circuit ensures the rights and dignity of
every employee, guaranteeing a fair and transparent work environment. The company actively
promotes a culture of strivers, encouraging employees to contribute with enthusiasm and relentless
efforts towards the continuous growth and prosperity of the enterprise.
■ Human Resource Policies ■ Employee Rights and Benefits
The company adheres to national labor regulations, strictly prohibiting any form of discrimination during the
hiring process, and is fully committed to safeguarding all employees' rights and benefits, ensuring equal
SGC consistently regards talent as the core
People-Oriented Approach Combining Virtue with development opportunities for every staff member.
support and most valuable asset for corporate
Respecting the individual Competence (1)The company implements a comprehensive and transparent compensation and benefits system, focusing on
development, placing high importance on talent value of each e mp l o y e e , T he c o m p a ny f o c u s e s n o t
the company places great only on cultivating employees' work schedule arrangements, promoting a reasonable work regime, and prioritizing employees' physical and mental
selection, cultivation, and incentive programs.
emphasis on their personal p r o f e s s i o n a l s ki l l s b u t a l s o well-being.
Adhering to the philosophy of "People-oriented, developme nt and growth, places a higher premium on their
while attentively addressing moral character, professional (2)The company encourages employees to actively engage in corporate governance, supporting their
Integrity and Competence, Maximizing
their needs and expectations. ethics, and overall demeanor. establishment and participation in trade unions. Through collective bargaining, both parties collaborate to uphold
Potential, and Achieving Win-win Results," the
employees' legal rights and interests. A union organization has been established within the company, with employee
company continuously fosters a workplace
representatives elected by their peers to participate in management and decision-making processes. They assist in
environment conducive to talent growth and
Achieving Win-Win Outcomes resolving and addressing employee grievances, ensuring that employee voices are respected and heard.
professional expression, thereby solidifying the Maximizing Each Person's
Potential Based on individual a
With a fair c o mp e n s a t i o n and (3)The company strictly prohibits any form of discriminatory behavior. By establishing internal grievance
talent foundation for long-term, stable b e n e f i t s s y s t e m, a l o n gs i d e a
b i l i t ie s , s t r e n g t h s , a n d channels, issues are handled and resolved based on principles of fairness and impartiality, thereby preventing
development. interests, the company makes
promising career development p
reasonable job allocations to
lat form , em ployees are employees from experiencing discrimination or unfair treatment. This ensures a respectful and equitable working
The company actively practices employee empowered to realize their self-
ensure t ha t each empl oy ee environment for all.
diversity by attracting and retaining talent from can maximize their value in
worth while contributing to the
company' s growth, thereby
diverse backgrounds, genders, ages, races, their respective positions.
achieving a mutually beneficial
Initial Grievance Preliminary Grievance Deliberation and Implementation
ethnicities, and religious beliefs, while firmly outcome for both parties.
Reporting Investigation Committee Ruling and Feedback
safeguarding equal employment rights. We and Handling Review
strictly comply with labor laws and regulations, Company Human Resources Management Philosophy
eliminating any discrimination based on race, Employee Grievance Handling Process
color, gender, nationality, religion, disability, marital status, age, pregnancy, or other legally protected characteristics.
We strictly prohibit forced labor and child labor, fully respect employees' freedom of belief and personal privacy, and ■ Compensation and Benefits
are committed to creating a diverse, inclusive, and equitable work atmosphere.
SGC has established a diversified compensation and benefits system that is competitive in the market. This system is
As of the end of 2025, the company had a total workforce of 2,718 employees, including 181 employees from
ethnic minorities. Women in management positions account for 10% of the total management team. built upon practical factors including job value, individual capability, performance results, and market salary levels, while
strictly adhering to the core principles of fairness, competitiveness, motivation, cost-effectiveness, and legality. This
Human Resources Performance Data Statistics framework not only fully recognizes individual employee value but also demonstrates the company's sincere commitment
to the professional growth and quality of life of our staff. In 2025, the average employee salary growth rate was 5.44%.
Human Resources Performance Data 2025
Total Number of Employees 2,718 Human Resources Metrics Data Statistics
Male to Female employee Ratio（%） 7：3 Human Resources Metrics Data 2025
Age Distribution of Employees（Under 30 /30-50 /Over 50） 3:6.5:0.5 The ratio of the average wage of frontline
employees to the local minimum basic wage
Number of Ethnic Minority employees（Persons） 181
Employee turnover rate（%） 3.18%
Number of Employees with Disabilities（Persons） 8
Average employee satisfaction rate（%） 90%
Educational Attainment Distribution of Employees（Bachelor’s Degree&Above / High
School&Above/ Junior High School&Below） Average employee salary growth rate（%） 5.44%
Percentage of Middle-Level and Above Female Managers Among Management Staff（%） 10%
Gender pay ration for the same position（%） 1:1
Number of Foreign Employees（Persons） 1
Labor contract signing rate（%） 100%
■ Safety Policy
The company has always insisted on putting the safety and health of employees in the first place, and has established a
systematic occupational health and safety management system with the tenet of “safety first, prevention first,
comprehensive management”, and has gradually promoted the operation of the safety management system in four aspects,
To ensure both internal equity and external competitiveness across all positions, the company has established a
namely, risk identification, system planning, organization development and culture construction, and has formulated an
mechanism linking job grades to salary grades. We adhere to the principles of "determining salary based on responsibility
implementation plan to strengthen the foundation in 2023, improve the standard and reduce the risk in 2024, and stabilize
and ability, rewarding based on performance, and adjusting based on competence and results." Performance bonuses are
and improve the system in 2025. It has also formulated an implementation plan for 2023 to strengthen the foundation, 2024
directly linked to individual performance outcomes, with monthly and annual appraisals serving as the core basis for salary
to improve the standard and reduce the risk, and 2025 to stabilize and improve the system. At present, Shenzhen SGC and
adjustments.
Jiujiang SGC have obtained IS045001 Occupational Health and Safety Management System Certificate, all annual audits
In accordance with the law, the company provides a complete range of benefits to safeguard employee rights. Beyond
for external system certifications were successfully passed.
statutory benefits such as the "Five Insurances and One Housing Fund," annual leave, sick leave, maternity leave, and
nursing leave, we offer exclusive perks including comprehensive accident insurance, complimentary accommodation and
meals, shuttle services, and holiday and birthday gifts.
Become a Global Leader in Green Intelligent Manufacturing of High-
■ Satisfaction Survey Our Vision Precision Electronic Circuits
EHS Vision Dedicated to Establishing a World-Class Environmental and Safety Management System to Ensure Business Continuity
The company is committed to fostering an open, inclusive, smooth, and efficient internal communication environment,
ensuring that employee concerns are conveyed promptly and addressed effectively. We conduct annual employee satisfaction EHS Mission Creating a Healthy, Safe, and Pollution-Free Production Environment to Achieve Business and Strategic Goals
surveys covering dimensions such as work environment, compensation and benefits, career development, communication
and collaboration, and corporate culture. Based on the survey findings, we implement optimization measures to continuously reduce inspections
Stage Goals Establish organization,
Procedural, Process-Oriented, Professionalism, Autonomy
standards, processes, and
enhance employee engagement and sense of belonging. In 2025, the company achieved a high employee satisfaction rate of systems
Standardized, Systematic Digitization, Sustainability
System Planning Risk Control Organizational Growth Cultural Development
attractiveness as an employer.
Goal Management Risk Grading and Organizational Planning Framework Development
Procedure Revision Control Performance Evaluation Activity Planning
Strategic Plan Standard Development Change Management Empowerment Design Incentive Mechanism
Process Optimization Equipment Lifecycle Capability Enhancement Benchmarking
System Operation Management Talent Group Development Sustainability Solutions
Diagnostic Evaluation Predictive Warning
Digitization Development Mechanism
EHS Tasks System Planning Comprehensive Management Team Building Cultural Establishment
Company's Safety Management System Implementation Chart
Working environment
■ Security management measures
management committee, a safety management department and a safety production leading group, and has clarified the safety
responsibilities and obligations of personnel at all levels. In addition, the company has established a safety incentive and
accountability system, forming a safety management system from top to bottom with full participation of all personnel. During
the period of 2022-2025, the company did not have any major casualty accidents or occupational disease cases, and achieved
good safety and health performance. In 2025, the company continued to elevate its safety standards, shifting the focus from
managing safety outcomes to regulating employee safety behaviors. We also sustained our anti-violation training and
inspection initiatives. Throughout the year, annual safety training hours reached 15.23 hours per person, with financial
investment hitting 5.7055 million yuan.
and hidden danger investigation and management to accurately identify and prevent all kinds of risks from the source. The
Company pays close attention to the weak links and potential problems in the risk management and control process, and
conducts regular hidden danger investigation and rectification to avoid safety accidents.
according to the safety standardization to standardize and quantify the safety risks, and establishes Safety Operating Procedures
and lists of violations for every position. to inform the employees of the requirements of safety operation and the dangers of
non-compliance, so as to let each employee carry out the safety operation standards.
of safety management and safety operation standards. Daily on-duty leaders and security teams inspect key risk positions, and
IS045001:2018 Occupational Health and Safety
when hidden dangers are found, they are resolved in a timely and closed-loop manner by reporting to the IT system‘s hidden
Management System Certification
danger management platform. In 2025, the company continued to implement the "Three-Year Action Plan for Fundamental
Safety Improvements (2024-2026)" issued by the State Council Work Safety Committee, further solidifying the safety
production responsibility system. We also sustained our study of the "Criteria for Identifying Major Accident Hazards in Occupational Health and Safety Performance Statistics
Industrial and Commercial Enterprises," released by the Ministry of Emergency Management, and conducted hazard
Occupational Health and Safety Data 2025
investigations and special remediation campaigns based on these standards.
working conditions and the operational environment. We strictly control occupational hazard factors and actively implement Employee Health Check-up Coverage Rate（%） 100
on-site improvements to mitigate these risks, regularly hold medical checkups for occupational diseases, post notification
Work-related Fatalities (Persons/Year) 0
boards for occupational hazards, and equip the employees with labor protection equipment, so as to protect the occupational
Occupational Disease Incidence Frequency
health of the employees in an all-around way and with a high standard. 0
(Occurrences/Year)
(H/Person/Year)
national safety regulations and adopts various methods to carry out training on fire safety, operation safety, emergency
response, first aid for personnel, chemical management, occupational health, etc., which effectively improves the safety
awareness and response ability of employees.
■ Overview of Shenzhen SGC Drill Programs ■ 深圳明阳演练现场照片
■ Photos of Shenzhen SGC Drill Site
On October 23, 2025, Shenzhen SGC conducted its annual emergency drill for 2025. The drill simulated
an electrical fire in the electroplating workshop on the first floor of Building B. This scenario carried the
potential risk of igniting chemicals and exhaust duct networks in surrounding areas, possibly leading to
explosions. After initial firefighting attempts by on-site staff proved unsuccessful, they immediately
reported the incident, prompting the company to activate the emergency evacuation and fire suppression
plan. The alarm sounded at 16:37, marking the official start of the drill. A total of 748 personnel from the
Shenzhen base participated. The event was well-organized with smooth procedural transitions. It effectively
demonstrated the outcome of a full-staff drill and further validated the effectiveness and feasibility of the
company's emergency rescue plan.
Fire Detected, Evacuation Initiated Firefighting and Rescue Operations
Time Program Participants Simulated exercise scenarios
An electrical fire breaks out in the
Evacuation Drill for
electroplating line equipment on the 1st
Electrical Fires and
October 23rd floor of Building B, rapidly igniting
Flammable Chemical Fires All day shift staff
in Electroplating
an imminent risk of explosion.
Enterprises
Initiating emergency response.
First Aid and Safety
October 23rd Assume an employee is injured and
Knowledge for Work- All day shift staff
Related Injuries
October 23rd Fire Extinguisher Training
All day shift staff Hands-on Fire Extinguisher Drill
Hands-on Fire Extinguisher Drill Personnel Rescue and Medical Aid
■ Safety
OverviewDrills
of Jiujiang SGC Drill Programs ■ Photos of Jiujiang SGC Drill Site
Time Program Participants Simulation Scenario
September 25
Simulation of a fire on the roof of a
All employees factory building, all personnel evacuate
Subject to the alarm rescue
to the safe zone
bell
September 25 Firefighting and Development Zone
Rooftop of Factory 2
September 25 Jiujiang First People's
First aid for injuries Parking Lot C, Residence Hall C On-site Disposal of Hazardous Chemical Transfer of Injured Personnel
Leakage
Safety training in the
September 25 use of factory Jiujiang Base
Parking Lot C, Residence Hall C
vehicles
Anti-riot and
September 25 Jiujiang Base
Terrorism Live Parking Lot C, Residence Hall C
Practical Exercise
Hazardous chemical
September 25
leakage on-site Warehouse staff Parking Lot C, Residence Hall C
practical exercises
September 25 Leadership speeches,
All employees Parking Lot C, Residence Hall C
Fire extinguisher use
September 25 New employees after
on-site practical Parking Lot C, Residence Hall C
exercises
Firefighting and Rescue Group Photo
A scientific and comprehensive career development mechanism is the cornerstone of both employee growth and
■ Training and Development corporate competitiveness. Centered on promotion pathways, job rotation, and customized career planning, our system
offers vast opportunities for employees across all levels and skill sets.
We continuously optimize our Job Qualification Management System to provide clear direction and guidance. This
Aligning job characteristics with career development needs, the company has established a tiered and categorized
empowers our team to navigate career challenges with confidence, ensuring steady progress and long-term stability for
training system. For Management, we offer leadership programs tailored to different levels—frontline, middle, and senior
both the individual and the organization.
management. For Professionals, we have built training initiatives centered on job qualifications and clear learning paths. For
Campus Hires, we implement a "New Talent Cultivation Plan" to set an industry benchmark for onboarding, reserving high-
quality talent for the company's sustainable growth.
We encourage continuous learning by providing extensive online and offline resources. Furthermore, we regularly Career Advancement Customized Career
Path: According to the
collect feedback to dynamically optimize our training arrangements and career development mechanisms. employee's career skills and
Planning: Individualized
career development plans
performance, provide
opportunities for grade
and paths are developed
promotion, as well as salary for employees based on
and benefit enhancement. their strengths and
Employee Training Performance Data Statistics interests.
Job Rotation
Strategy: Encourage
Indicator Data 2025 job rotation to enrich
employees' work
Total annual staff training hours (H/year) 91,079.27 experience, improve
their general skills,
and train generalists.
Employee training investment (10k yuan/year) 218.10
Number of types of training courses (types/year) 1,698
Average staff training hours (H/person/year) 33.70
University-Enterprise Cooperation Corporate Social Responsibility Training Employee Growth Incentives IPC600 Project Training
■ Employee Mutual Assistance Fund We are dedicated to creating a positive work atmosphere and a comfortable living environment. By regularly organizing a variety of
cultural and sports activities, we aim to enrich our employees' lives, alleviate work stress, and help them achieve a healthy work-life balance.
Every summer, we host the “Sunshine Together: Growing with Kids" parent-child event. Through diverse interactive experiences, this
To enhance corporate cohesion and foster a harmonious working environment, the company established the Employee Mutual Aid
program broadens children's horizons and strengthens family bonds, bringing joy and happiness to our employees' families.
Fund Association in 2021. Since its inception, the fund has raised over 1.67 million yuan in donations from employees across the
We also regularly hold sports tournaments—including badminton, basketball, and tug-of-war—as well as festive events like the
organization. By the end of 2025, the fund had successfully provided financial assistance totaling approximately 544,100 yuan to 31
Lantern Festival riddle guessing and employee birthday parties. These initiatives continuously strengthen team cohesion, collaboration, and
employees, helping them navigate real-life hardships. This aid covered critical areas such as medical expenses, emergency support for
our shared sense of collective honor.
family crises, and educational subsidies. Through these efforts, we have truly delivered timely help in moments of desperate need,
embodying the spirit of mutual support.
SGC set up the Employee Mutual Aid Fund Association to help employees facing
unexpected difficulties or special circumstances to tide over the difficult times.
Transparent Procurement
Responsibilities
The company adheres to the principle of“Disinterested Procurement, Win-Win Cooperation,"
and is dedicated to building a sustainable supply chain. The company actively participates in
community development, gives back to society, and strives to be an exemplary corporate citizen!
Procurement Values: Integrity and Collaboration,
Understanding and Communication, Continuous Improvement.
Vision and goal: practicing sunshine procurement, creating strategic value, building a supply ecology of equality, respect,
transparency, development and win-win situation, and committing to providing timely, accurate, high-quality and cost-effective
procurement supply chain services.
■ Responsible Procurement Management
Since its establishment, SGC has always adhered to the original spirit of integrity management, based on the principles of fairness,
Supplier Empowerment Training Conduct on-site audits of suppliers
openness and impartiality, advocated the sunshine procurement policy, standardized the operation management of all stakeholders in the
supply chain, cooperated with suppliers, and strictly adhered to the standards of honesty and business ethics in all business activities.
■ Transparent Procurement Planning
“Supplier Certification Management System” and “Supplier Management Procedures”, and has screened out competitive suppliers through the setting
of filing thresholds, evaluation of materials, and assessment and counseling by a professional audit team, as well as utilizing the SRM system to
manage the suppliers in their full life cycle. In order to promote the development of regional economy, the Company prioritizes local suppliers, and In order to realize the sustainable development of the supply chain, in the future, the company will establish and improve the
the proportion of local suppliers for production materials will reach 98.1% in 2025. ESG management of suppliers based on the requirements of the ISO20400 Sustainable Procurement standard, and in 2025, the
company has made the following actions for sustainable procurement
sustainable procurement.
“Commitment Letter for Environment/Safety/Social Responsibility for Suppliers” with all its suppliers, which contains provisions on integrity,
requirements and targets for suppliers.
compliance, human rights, environmental protection, safety, ROHS, etc. Suppliers are required to comply with the relevant provisions of the
commitment letter, supervise each other to ensure the implementation of Sunshine Procurement, and the contract will be terminated or dissolved at
focused management, and ESG criteria will be integrated into the Supplier QEMCDS Performance Evaluation Rules;
any time if there is any violation of the provisions. Terms and Conditions .
aim to increase the annual audit volume to 50 suppliers per year by 2029, helping them elevate their ESG management standards.
responsibility management for internal purchasing staff, extends the company's social responsibility concepts and requirements to the supply chain, and contribute to the mitigation of global warming.
and jointly promotes social responsibility management with suppliers to ensure that all operations comply with environmental protection, labor laws
and regulations, and the norms of corporate social responsibility.
Procurement performance data Statistics
Performance Indicators 2025
including 5 major aspects of labor, health and safety, environment, ethics and management system, to ensure that suppliers comply with the regulatory
Number of New Supplier Certifications 17
requirements related to social responsibility in their business activities. 2025, the Company completed the on-site audits of 29 suppliers on the basis of
their environmental and social responsibility (SER). Annual Number of Supplier SER Audits 29
Guided by the philosophy of "Dedicating Love and Giving Back to Society," SGC actively engages in
public welfare initiatives. We are committed to shouldering our responsibilities and repaying society through
■ 志愿者活动
concrete actions.
■ Community Service Initiatives
Our staff took part in community volunteer service organized by the sub-district office Our staff volunteered to clean up trash in the park
Reader Feedback
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Thank you very much for taking the time to read Sunshine Global Circuits Co.,Ltd. 2025ESG Report. If you have any thoughts or
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□ SGC overview
□ Organizational Governance Laying the Foundations for Growth
□ Product Innovation Empowering a Smart Connected World
□ Environmentally Friendly and Low-carbon Leading Green Manufacturing
□ People-oriented Facilitating Employee Development
□ Transparent Sourcing Fulfilling Social Responsibility
Readability □ Good □ Average □ Poor
Completeness □ Good □ Average □ Poor
Objectivity □ Good □ Average □ Poor
Layout Design □ Good □ Average □ Poor
Overal Impression □ Good □ Average □ Poor
Email：esg@sunshinepcb.com
Tel：+86 (0) 755-2724-3968
Fax：+86 (0) 755-2724-3609
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