金三江: 2025年度环境、社会及管治(ESG)报告(英文版)

来源:证券之星 2026-04-27 00:52:49
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                                                                                                                                           Stock Code:
                                                                                                                  Environmental,
                                                                                                                  Social and Governance Report
Jinsanjiang (Zhaoqing)Silicon Materials Co., Ltd.
Address: No. 23, Yingbin Avenue, Gaoxin Technology Development Zone (Dawang), Zhaoqing City, Guangdong Province
Phone: 86-758-3681267
Company Email: ir@jsjgcl.com
CONTENTS
About the Report                01
Message from the Chairman       03
About JSJ                       05   Advancing Governance with                     Smart Connectivity Drives,                       Empowering Employees,
Development History             07   Leadership, Building a New                    Innovation Ushers                                Gathering New Momentum
ESG Performance and Honors      09
                                     Vision of Growth                              in a New Era                                     for the Team
Sustainable Development Goals   13    Improving Corporate Governance          17     ?Focus on Customer Service                35     Safeguarding Employee Rights and     73
                                                                                                                                      Interests
(SDGs) Response                       Strictly Controlling Compliance Risks   20     ?Accelerating R&D Iteration               41
                                                                                                                                      Creating Growth Opportunities        78
                                      Upholding Business Ethics               21     ?Building Intelligent Production Lines    48
                                                                                                                                      Fostering Team Cohesion and Care     81
Appendix                        99    Implementing Sustainable Development 24        ?Adhering to Craftsmanship Quality        52
                                                                                                                                      Strengthening Health and Safety      84
                                      Ensuring Information Security           29     ?Safeguarding Production Safety           56     Protection
                                                                                   Ecological Synergy Fuels,                        Co-existence and Mutual
                                                                                   Shouldering the New                              Benefit, Building a Beautiful
                                                                                   Mission of the Times                             New Landscape
                                                                                     Compliant and environmentally             63     Responsible Supply Chain             89
                                                                                     responsible operations
                                                                                                                                      Facilitating Industry Development    95
                                                                                     Building Green Factories                  67
                                                                                                                                      Fulfilling Social Responsibilities   98
                                                                                     Addressing climate change                 69
                                                                                                                                                                                                                                                                                              Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                            Smart Connectivity Drives,                             Ecological Synergy Fuels, Shouldering                 Empowering Employees, Gathering                          Co-existence and Mutual Benefit,                  Silicon Materials
        Building a New Vision of Growth                             Innovation Ushers in a New Era                               the New Mission of the Times                        New Momentum for the Team                             Building a Beautiful New Landscape                 Co.,Ltd.
        About the Report
            Introduction                                                                                                                                                Information Source
        JSJ (Zhaoqing) Silicon Material Co., Ltd. (hereinafter referred to as "JSJ", "the Company," or "We") is pleased to release the                               The statistics and cases in the report are mainly derived from the Company’ s official documents, statistical reports, and
        JSJ's practices and performance in ESG aspects.                                                                                                              bears responsibility for the truthfulness, accuracy, and completeness of its content. This report was considered and adopted
                                                                                                                                                                     by the Board of Directors on 24/04/2026.
            Basis of Preparation
                                                                                                                                                                        Access to the Report
        The report draws on the GRI Sustainability Reporting Standards (GRI Standards) of the Global Sustainability Standards Board,
        and the United Nations Sustainable Development Goals (UN SDGs). At the same time, it is compiled in accordance with three                                    The report can be viewed and downloaded on the official website of SZSE (www.szse.cn), the Company's website (https://
        guidelines of the Shenzhen Stock Exchange (SZSE), i.e. the Shenzhen Stock Exchange Social Responsibility Instructions to                                     www.gz-silica.com),and CNINFO (http://www.cninfo.com.cn). In case of any discrepancies between the Chinese and English
        Listed Companies, the Rules Governing the Listing of Shares on the ChiNext Market of Shenzhen Stock Exchange, and the                                        versions, the Chinese version shall prevail.
        Shenzhen Stock Exchange Guideline No.2 on Self-Regulation of Listed Companies on the ChiNext Board.
                                                                                                                                                                     For further inquiries or any questions or suggestions regarding the report, please contact the Company via email at ir@
                                                                                                                                                                     jsjgcl.com.
            Reporting Period
        The report covers the period from January 1, 2025, to December 31, 2025. To enhance comparability of the report and provide
        forward-looking information, the reporting period of some content is moderately extended.
                                                                                                                                                                                                                                                                                                      Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                               Smart Connectivity Drives,                           Ecological Synergy Fuels, Shouldering               Empowering Employees, Gathering                                 Co-existence and Mutual Benefit,                    Silicon Materials
        Building a New Vision of Growth                                Innovation Ushers in a New Era                             the New Mission of the Times                      New Momentum for the Team                                    Building a Beautiful New Landscape                   Co.,Ltd.
        Message from the Chairman
                                                                                                                                                                      Pursuing Green Development, Guided by the “Dual-Carbon” Mission
                                                                                                                                                                      Environmental protection is a key goal for high-quality enterprise development and the bottom line for sustainable development. The
                                                                                                                                                                      Company actively responds to the national “dual-carbon” strategy, comprehensively promotes green transformation, and makes
                                                                                                                                                                      coordinated progress in multiple dimensions such as energy conservation and emission reduction, clean production, and climate
                                                                                                                                                                      response, forging a path of green development. To instill a green mindset deeply among employees, the Company innovatively
                                                                                                                                                                      launches a “points-based” activity to stimulate their enthusiasm for participating in green development. Meanwhile, we promote
                                                                                                                                                                      the screening and introduction of local suppliers to shorten transportation distances, reduce costs, and effectively decrease carbon
                                                                                                                                                                      emissions along the value chain. In terms of technological innovation, the Company actively explores the use of carbonization tech-
In 2025, JSJ has steadfastly adhered to its core value of being customer-centric, steadily advancing its                                                              nology to prepare high-performance silica products, which not only enhances product performance and market competitiveness but
"global development" strategy, actively exploring international markets, and helping its brand shine on                                                               also reduces energy consumption and pollutant emissions, thereby unleashing green value. In 2025, the Company was recognized as
the global stage. This year, the Company has garnered numerous authoritative accolades in the field of                                                                a national-level green factory. Taking this opportunity, it will integrate green concepts into the entire product lifecycle, play an exem-
ESG for its outstanding practices and remarkable achievements, including "Wind ESG Rating - Grade                                                                     plary and leading role, and contribute to the green development of the industry.
A" and "Huazheng ESG Rating - Grade A". It has also been successfully selected as one of the "Top
                                                                                                                                                                      Gathering Talents and Wisdom, Leading the Development Course
- 2025 Sustainable Development Contribution Enterprise". These accolades not only recognize the
Company's past efforts but also provide a strong impetus for its continuous endeavors in the future.                                                                  JSJ has always adhered to a people-oriented philosophy, comprehensively optimized its talent system covering selection, cultiva-
                                                                                                                                                                      tion, utilization, and retention, actively built an efficient talent cultivation mechanism, and strengthened talent succession building. The
                                                                          — Chairman Zhao Guofa                                                                       Company places importance on corporate culture shaping, providing broad development spaces for employees from diverse backgrounds
                                                                                                                                                                      with a focus on diversity and equality. To enhance its innovation and technological capabilities, the Company actively expands external
                                                                                                                                                                      collaborations, establishing close industry-university-research relationships with South China University of Technology, Guangzhou Quality
                                                                                                                                                                      Supervision and Inspection Institute, and other universities and research institutes. This accelerates the transformation of cutting-edge
                                                                                                                                                                      research achievements and achieves mutual benefits and win-win outcomes. Additionally, the Company establishes a scientific incentive
ESG as the Foundation, Strengthening Corporate Governance                                                                                                             mechanism, offers various welfare subsidies, and provides a rich array of training courses, enabling employees to share in the Company’s
ESG governance serves as a crucial cornerstone for the high-quality development of enterprises. JSJ actively responds to the Unit-                                    development achievements, stimulating their work enthusiasm and creativity, and facilitating their common progress with the Company.
ed Nations Sustainable Development Goals (SDGs) and has established a three-tier ESG governance framework encompassing the
governance level, management level, and execution level. With the board of directors as the highest decision-making body, the ESG                                     Fulfilling Responsibilities, Building a Harmonious Development
committee oversees the overall work, and special task teams are set up to implement and execute initiatives in collaboration with                                     Transmitting the concept of responsibility is crucial for building a harmonious future. JSJ earnestly fulfills its social responsibilities and
various functional departments. This approach integrates the concept of sustainable development into the Company’s business                                           promotes harmonious co-progress between the enterprise and society. In 2025, in terms of supply chain management, the Company
development and operational decision-making, demonstrating a commitment to environmental and social responsibilities through                                          conducted unannounced inspections on individual suppliers, accurately identified problems, and urged rectifications, achieving common
concrete actions. To ensure the Company’s robust development and effectively implement the “high-quality development” strategy,                                       growth with partners. In terms of industry collaboration, JSJ participated in industry standard formulation, engaged in industry-univer-
JSJ continuously improves its risk management and internal control systems: optimizing the governance framework by comprehen-                                         sity-research cooperation, accelerated the transformation of research achievements, and actively participated in industry exchanges to
sively planning, steadily advancing, rigorously supervising, and meticulously inspecting ESG initiatives; enhancing risk prevention and                               promote resource sharing. Moreover, the Company enthusiastically contributes to public welfare undertakings, supporting education,
control by strengthening internal audit and oversight and actively conducting compliance training. In the capital market, JSJ strictly                                caring for vulnerable groups, and participating in environmental protection, conveying positive energy with a high sense of social
adheres to information disclosure standards, fostering an open and transparent business model by disclosing information in a timely,                                  responsibility.
accurate, and complete manner, thereby establishing a positive corporate image characterized by transparency and compliance.
Digital and Intelligent Empowerment, Driving Development through Innovation
Innovation is the core driving force that leads enterprises towards high-quality development and is also a key element for their
                                                                                                                                                                            Looking ahead, JSJ will proactively embrace the transformations of the times, guided by three key areas: green develop-
growth. To keep pace with the times and unleash innovative potential, the Company has comprehensively launched three core proj-
                                                                                                                                                                            ment, technological innovation, and global collaboration. The Company will continuously enhance its environmental per-
ects: traditional system optimization, intelligent platform construction, and digital talent cultivation. These projects aim to enhance
                                                                                                                                                                            formance, strengthen its social responsibilities, and optimize governance efficiency. We will delve deeper into fields such
the intelligence level of production, R&D, sales, operations, and other aspects in an all-round way, injecting strong impetus into the
                                                                                                                                                                            as toothpaste, food, pharmaceuticals, high-end industrial applications, green and low-carbon high-performance tires, and
Company’s development. In terms of system construction, the Company actively builds a full-link automated production system and
                                                                                                                                                                            polishing fluids, providing more competitive green silica material solutions to empower the sustainable transformation
successfully integrates various application systems such as SAP, DCS, energy management, CRM, and OA. It has created a “five-in-
                                                                                                                                                                            of downstream industries. By doing so, we aim to create long-term value for society and continue to stride resolutely to-
one” digital management platform, achieving efficient information flow and optimal resource allocation within the enterprise and pro-
                                                                                                                                                                            wards the vision of becoming a global leader in silica materials.
viding solid technical support for its efficient operations.
                                                                                                                                                                                                                                                                                                          Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                               Smart Connectivity Drives,                                  Ecological Synergy Fuels, Shouldering               Empowering Employees, Gathering                                Co-existence and Mutual Benefit,                  Silicon Materials
        Building a New Vision of Growth                                Innovation Ushers in a New Era                                    the New Mission of the Times                      New Momentum for the Team                                   Building a Beautiful New Landscape                 Co.,Ltd.
        About JSJ
                                                                                                                                                                             and green manufacturing, the intelligent factory (Plant II) features smart production lines with a DCS distributed control system as
                                                                                                                                                                             the central "brain," high-precision instruments and meters as the "senses," high-performance production equipment as the core, and
                                                                                                                                                                             digital systems as the internal foundation. Additionally, the Company has installed green facilities such as distributed photovoltaic
                                                                                                                                                                             systems, online monitoring of wastewater and exhaust gases, zero solid waste discharge, steam and gas recovery, and waste heat
                                                                                                                                                                             recovery from drying processes, demonstrating its commitment to sustainable development. The Company has been awarded the
Company Overview                                                                                                                                                             title of "National Green Factory."
JSJ (Zhaoqing) Silicon Materials Co., Ltd., formally established in 2003 and successfully listed in 2021 (Stock Code: 301059), is
a customer-centric, innovation-driven provider of functional silica solutions. Through customised silica materials, the Company                                              Global Sales
delivers solutions that exceed expectations to global clients across a wide range of industries, including toothpaste, food, pharma-
ceuticals, high-end industrial applications, green and low-carbon high-performance tyres and polishing liquids.
                                                                                                                                                                             The Company continues to expand its customer base both domestically and overseas, creating value for the world through
                                                                                                                                                                             high-quality products. Within the domestic market, the Company will deepen strategic partnerships with key customers, elevating the
                                                                                                                                                                             collaboration to a new level. In addition, the Company has established subsidiaries in Hong Kong, China, the United States, Poland,
                                                                                                                                                                             Mexico, and Malaysia, and has formed dedicated overseas teams to specifically handle international market expansion. Meanwhile,
                                                                                                                                                                             the Company has accelerated the development of its overseas supply chain, formulated overseas delivery solutions, and enhanced
                                                                                                                                                                             its capability to provide service assurance to global customers.
                Vision                                         Mission                                              Values
                                                                                                                                                                             The Company focuses on its silica business, adhering to the corporate vision and pursuing a dual-driven strategy of "global expan-
                                                                                                                                                                             sion" and "high-quality development" to jointly build a healthy and sustainable corporate ecosystem. In the future, the Company
                                             Creating value for customers with custom-                  Customer-centric, innovation-driv-
     Becoming a global leader in                                                                                                                                             will continue to provide customized silicon materials for toothpaste, food, pharmaceuticals, high-end industry, green low-carbon
                                             ized silicon materials, fulfilling dreams for              en, long-term hard work, and per-
         silicon materials                                                                                                                                                   high-performance tires, polishing slurry providing silica solutions that exceed expectations for numerous industry clients, creating
                                               employees, and contributing to society                          sistent self-criticism
                                                                                                                                                                             value for customers.
Research and Development Innovation
JSJplaces great emphasis on product innovation and the optimization of process technologies. Through continuous investment and
innovation, the Company has assembled a research and development team composed of doctors, masters, and technical experts,
and established a high-standard R&D center covering 4,700 square meters, equipped with a series of advanced R&D equipment to
ensure its technological leadership in the industry. The Company has successively received honors such as "Provincial Enterprise
Technology Center," "Guangdong Provincial Engineering Technology Research Center for Functional Silica," "Guangdong Provincial
Demonstration and Cultivation Enterprise for Innovation Method Promotion and Application," and "National Specialized, Sophisticat-
ed, and Innovative 'Little Giant' Enterprise." The Company has achieved several significant accomplishments and honors, including
jointly establishing the Guangdong Postdoctoral Innovation Practice Base with South China University of Technology, being desig-
nated as the Zhaoqing High-Value Patent Cultivation and Layout Center for 2025, joining the Zhaoqing 100 Future Brands Initiative,
being recognized as an Advanced Unit in Digital and Intelligent Construction, receiving the title of Advanced Private Enterprise in
National Employment and Social Security, being named a National Intellectual Property Demonstration Enterprise, and being awarded
the 2025 Sustainable Development Contribution Enterprise. In addition, the Company has been re-certified as a High-Tech Enterprise,
and two of its silica products—abrasive silica for toothpaste and thickening silica—have been recognized as Guangdong Excellent
High-Tech Products.
Lean Production                                                                                                                                                                                             Production Base                            Supply Hub                                  JSJ team
JSJ has two major production bases. The intelligent factory (Plant II), covering an area of 68,000 square meters, was completed in
                                                                                                                                                                                                                                                                                                       Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                               Smart Connectivity Drives,                                    Ecological Synergy Fuels, Shouldering        Empowering Employees, Gathering                              Co-existence and Mutual Benefit,                      Silicon Materials
        Building a New Vision of Growth                                Innovation Ushers in a New Era                                      the New Mission of the Times               New Momentum for the Team                                 Building a Beautiful New Landscape                     Co.,Ltd.
        Development History
JSJ was established in 2003. After 23 years of development, it has become a global leader in precipitated silica supply and officially
listed on the ChiNext board of the Shenzhen Stock Exchange on September 12, 2021.
                                                                                                                                                                                                                                          First certification of intellectual property
                                                                                                                                                                               First recognized as a "National
                                                   First achieved ISO9001 quality management                    First passed the "Guangdong
     Company established
                                                   system certification; successful develop-                    Province Clean Production
                                                                                                                                                                                                                                                                        Automation upgrade com-
                                                   ment and mass production of colored fric-                    Enterprise Certification"
                                                   tion particles                                                                                                                                 2014                                                                  pleted for Line 2 at Plant 1
                                                                                                                                                                                                  Awarded the "Guangdong Pro-
                                                                                                                                                                                                  vincial Engineering Technology
                                                                                                                                                                                                  Research Center for Functional
                 The first production                                                                                                                                                             Silica"
                                                                    First certification of ISO14001
                 line was completed
                                                                    Environmental Management
                                                                    System
                                                                                                                                                                                          The smart factory (Plant II) officially commenced op-                           Awarded Procter & Gamble's Global Top
                                                                                                                                                                                          erations; obtained ISO 50001 certification for energy                           40 Supplier Excellence Award; Approved
                                                                                                                                                                                                                                                                          as a "Postdoctoral Innovation Practice
                                                                                                                                                                                          management systems; received laboratory accred-
                                                                                                                                                                                                                                                                          Base of South China University of Tech-
                                                                                                                                                                                          itation certificate from China National Accreditation
                                                                                                                                                                                          Service for Conformity Assessment (CNAS); awarded                               nology"; Ranked among "National Ad-
                          Successful corporate restructuring; first rec-
                                                                                                                                                                                          the title of "Guangdong Provincial Model Worker and                             vanced Enterprises in Employment and
                          ognition as a "Guangdong Province Intellec-                                   The Company successfully went
                                                                                                                                                                                          Craftsman Talent Innovation Studio"                                             Social Security"
                          tual Property Demonstration Enterprise" and                                   public (stock code: 301059); achieved
                          a "National Intellectual Property Advantage                                   ISO22000 food safety management
                          Enterprise"                                                                   system certification for the first time
                                                                                                                                                                               Completion of the smart factory (Plant II); awarded the "23rd
                                                                                                                                                                               China Patent Excellence Award" and recognized as a "Provincial               Awarded the title of National Specialized, Sophis-
     First obtained Kosher Jewish certi-                                             2020                                                                                      Enterprise Technology Center," with multiple products named
                                                                                                                                                                               "Guangdong Province's High-quality High-tech Products of
                                                                                                                                                                                                                                                            ticated, and Innovative "Little Giant" Enterprise,
                                                                                                                                                                                                                                                            National Green Factory, and Guangdong Province
     fication and EU REACH certification
                                                                                     First obtained natural certification                                                      2021."                                                                       Green Factory
                                                                                                                                                                                                                                                                                                           Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                            Smart Connectivity Drives,                                  Ecological Synergy Fuels, Shouldering            Empowering Employees, Gathering                                 Co-existence and Mutual Benefit,                        Silicon Materials
        Building a New Vision of Growth                             Innovation Ushers in a New Era                                    the New Mission of the Times                   New Momentum for the Team                                    Building a Beautiful New Landscape                       Co.,Ltd.
        ESG Performance and Honors                                                                                                                                            Occupational health exam-
                                                                                                                                                                                    ination rate
                                                                                                                                                                                                                                   Number of work-relat-
                                                                                                                                                                                                                                      ed fatalities
                                                                                                                                                                                                                                                                                        Work safety accident
                                                                                                                                                                                                                                                                                              From   0
Highlight the key ESG performance metrics and awards achieved by the Company in 2025.
                                                                                                                                                                              Labor contract signing rate                         Social insurance coverage                    Employee training coverage rate
Economic Performance                                                           Environmental Performance
                                                                                                                                                                                                                              Employee training duration has                  Total cumulative donation amount
                                                                                                                                                                            Total employee training duration
         Operating revenue                      Hazardous waste emission intensity                                                                                                                                             increased compared to 2024.                         over the past three years
                                                   decreased compared to 2024                                                                                                  16,038.36 hours                                           301%                                           144,200 yuan
             million yuan                                       27%                                    tal protection investment has
                                                                                                       increased compared to 2024.
                                                                                                                                                                            Leading the formulation of stan-                 Publishing papers through indus-
             Total Assets                        Harmless waste emission intensity                                1%                                                             dards related to silica                   try-academia-research collaboration
                                                                                                                                                                                                                                                                                       Joint patent application
                                                   decreased compared to 2024
             million yuan                                       4%                                    The harmless treatment rate of
                                                                                                                                                                          Governance Performance
                                                                                                          industrial solid waste
              Total profit                      Water resource intensity slightly in-
                                                   creased compared to 2024                                     100%
             million yuan                                       3%                                                                                                                                                                                                         The proportion of female members on
                                                                                                                                                                           Disclosure Announcement                   Periodic Report            Interim Report
                                                                                                                                                                                                                                                                                  the board of directors
Social Performance
        R&D investment amount                         Number of R&D personnel                        Cumulative patent authorizations                                     System and Certification
                Business scope covered by the Company's ISO9001
                                                                                                Cumulative Invention Patents
                     quality management system certification
        Accumulated Intellectual                      Number of safety training                      Number of employees partici-
              Property                                       sessions                                  pating in safety training
                                                                                                                                                                                                                                                                                                        Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                            Smart Connectivity Drives,                                       Ecological Synergy Fuels, Shouldering            Empowering Employees, Gathering                           Co-existence and Mutual Benefit,                      Silicon Materials
        Building a New Vision of Growth                             Innovation Ushers in a New Era                                         the New Mission of the Times                   New Momentum for the Team                              Building a Beautiful New Landscape                     Co.,Ltd.
Honors and Awards
        Advanced Private Enterprises in            National Intellectual Property Ad-                ESG Golden Bull Award Top 100                                               Silica for Toothpaste with Dentinal         "Core-Shell Silica for Tooth-                  Zhaoqing 100 Future Brands
        National Employment and Social                    vantage Enterprise                                  Enterprises                                                       Tubule Blocking Function, Guangdong          paste" Guangdong Province                          Program Certificate
                   Security                                                                                                                                                      Province Famous and High-quality           Renowned High-Tech Product
                                                                                                                                                                                          High-tech Product
              National Green Factory               National Specialized and Sophisti-                P&G Global Top 40 Supplier - Ex-                                          "Toothpaste Abrasive Silica" Guangdong          "Thickened Silica" Guang-                         High-tech enterprise
                                                          cated "Little Giant"                               cellence Award                                                            Province High-quality                  dong Province Famous and
                                                                                                                                                                                         High-tech Product                  High-quality High-tech Product
       Member Units of the Third Council            Zhaoqing City Clean Production                    ONA Award - 2025 Corporate                                                    Zhaoqing High-Value Patent            Award for Advanced Unit in Industry             Guangdong Province Innovative
       of Guangdong Provincial Cleaner                        Enterprise                              Contributor for Sustainability                                                    Cultivation Center                Digitalization and Intelligence Con-            Small and Medium-sized Enter-
           Production Association                                                                            Development                                                                                                                struction                                    prises
                                                                                                                                                                                                                                                                                    Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                                 Smart Connectivity Drives,                Ecological Synergy Fuels, Shouldering             Empowering Employees, Gathering                         Co-existence and Mutual Benefit,                     Silicon Materials
        Building a New Vision of Growth                                  Innovation Ushers in a New Era                  the New Mission of the Times                    New Momentum for the Team                            Building a Beautiful New Landscape                    Co.,Ltd.
        Sustainable Development                                                                                                                                                          Corresponding
                                                                                                                                                                                                         Ecological Synergy Fuels, Shouldering the New Mission of the Times
                                                                                                                                                                                            Chapter
        Goals (SDGs) Response                                                                                                                                                               UN SDGs
       Corresponding
                                    Advancing Governance with Leadership, Building a New Vision of Growth
          Chapter
                                                                                                                                                                                            UN SDGs      We adhere to compliant and environmentally friendly operations, comprehen-
           UN SDGs                                                                                                                                                                          Response     sively promoting the construction of green factories, and actively responding to
                                                                                                                                                                                                         the challenges of climate change. We integrate low-carbon principles through-
                                                                                                                                                                                                         out the entire operational chain, continuously optimizing resource utilization and
                                                                                                                                                                                                         environmental management. We are dedicated to forging a green value chain
                                                                                                                                                                                                         and driving collaborative emission reductions across the entire industrial chain,
                                                                                                                                                                                                         contributing our efforts towards achieving a sustainable future.
           UN SDGs                  The Company continues to improve its corporate governance system, strict-
           Response                 ly manages and controls compliance risks, resolutely adheres to business
                                    ethics standards, comprehensively implements the sustainable develop-
                                    ment strategy, strengthens information security safeguards, continuously
                                                                                                                                                                                         Corresponding
                                    enhances its risk resilience and governance efficiency, and builds a robust,                                                                                         Empowering Employees, Gathering New Momentum for the Team
                                                                                                                                                                                            Chapter
                                    transparent, and responsible ESG governance framework. It is committed to
                                    creating sustainable long-term value for all stakeholders.
                                                                                                                                                                                            UN SDGs
       Corresponding
                                                                                                                                                                                            Response
                                                                                                                                                                                                         We consistently adhere to a people-oriented approach, fully safeguarding the
                                                                                                                                                                                                         rights and interests of our employees and fostering a diverse and caring work-
                                                                                                                                                                                                         place environment. By refining our training systems and expanding career devel-
                                    Smart Connectivity Drives Innovation, Ushering in a New Era                                                                                                          opment pathways, we support the growth of our employees. We prioritize health
          Chapter                                                                                                                                                                                        and safety, creating a warm and inclusive work atmosphere that continuously
                                                                                                                                                                                                         enhances employee well-being and team cohesion.
           UN SDGs
                                                                                                                                                                                         Corresponding
                                                                                                                                                                                                         Co-existence and Mutual Benefit, Building a Beautiful New Landscape
                                                                                                                                                                                            Chapter
                                                                                                                                                                                            UN SDGs
           UN SDGs                  We always place customers at the core, continuously optimizing service ex-
           Response                 periences, accelerating the pace of R&D iterations, and advancing digital and
                                    intelligent transformation in depth. We are committed to establishing intelli-                                                                          UN SDGs      We are committed to continuously strengthening responsible supply chain
                                    gent and efficient production lines, upholding our promise of craftsmanship                                                                             Response     management, practicing sustainable procurement, enhancing risk control, and
                                                                                                                                                                                                         promoting the green transformation of our supply chain. We actively integrate
                                    quality, and reinforcing safety production defenses. By enhancing product
                                                                                                                                                                                                         into the industry ecosystem, sharing development experiences and facilitating
                                    quality and operational efficiency in all aspects, we strive to create greater                                                                                       collaborative industrial upgrading. Meanwhile, we take the initiative to engage in
                                    value for our customers.                                                                                                                                             social welfare initiatives, fulfilling our corporate citizenship responsibilities and
                                                                                                                                                                                                         giving back to society with practical actions to create shared value.
                                                                                                                                                                                                                                                     Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                       Smart Connectivity Drives,               Ecological Synergy Fuels, Shouldering         Empowering Employees, Gathering            Co-existence and Mutual Benefit,                  Silicon Materials
        Building a New Vision of Growth                        Innovation Ushers in a New Era                 the New Mission of the Times                New Momentum for the Team               Building a Beautiful New Landscape                 Co.,Ltd.
              Advancing Governance with Leadership
              Building a New Vision of Growth
                                                                                                                                                  Our Performance
                                                                                                                                                  The Company has disclosed 160 announcements, including 4 regular reports and 156 temporary
                                                                                                                                                  announcements.
                 Our Actions                                                                                                                      The proportion of female members on the board is 40 %
                 • Improving Corporate Governance                       • Implementing Sustainable Development
                 • Strictly Controlling Compliance Risks                • Ensuring Information Security
                 • Upholding Business Ethics
                                                                                                                                                                                                                                                                                                                Jinsanjiang(Zhaoqing)
       Advancing Governance with Leadership,                                 Smart Connectivity Drives,                                      Ecological Synergy Fuels, Shouldering               Empowering Employees, Gathering                             Co-existence and Mutual Benefit,                   Silicon Materials
          Building a New Vision of Growth                                  Innovation Ushers in a New Era                                        the New Mission of the Times                      New Momentum for the Team                                Building a Beautiful New Landscape                  Co.,Ltd.
          Improving Corporate Governance                                                                                                                                             Board Diversity
                                                                                                                                                                                     JSJ recognizes board diversity as a fundamental driver of its sustainable development. The Company implements a board rotation
                                                                                                                                                                                     process every three years, with nominations undergoing a strict selection process. Key factors such as industry experience, profes-
JSJ has consistently advanced the development of its corporate governance system with high standards, strictly complying with                                                        sional expertise, educational and cultural background, age, gender, and other diversity elements are considered when electing board
applicable laws, regulations, and supervisory requirements, including the Company Law of the People’s Republic of China, the Securi-                                                 members to ensure that our board collectively brings broad, complementary perspectives and strong decision-making capabilities.
ties Law of the People’s Republic of China, the Guidelines on the Governance of Listed Companies, the Rules Governing the Listing of
                                                                                                                                                                                     Our current board members possess deep expertise in areas such as silica materials, toothpaste, and corporate strategic planning,
Shares on the ChiNext Market of Shenzhen Stock Exchange, and the Guidelines for the Standardized Operation of Listed Companies
                                                                                                                                                                                     as well as solid competencies in enterprise management, financial oversight, and capital market operations. This diversity of back-
on the ChiNext Market of Shenzhen Stock Exchange. We continuously optimize our governance structure and enhance governance
                                                                                                                                                                                     ground fosters multidimensional thinking and constructive dialogue, significantly enhancing the scientific rigor and forward-looking
effectiveness, deepening our practices in board diversity, investor rights protection, and information disclosure to lay a solid gover-
                                                                                                                                                                                     nature of our strategic decisions. Through inclusive governance, we strengthen our capacity for innovation and ensure resilient, long-
nance foundation for our sustainable development.
                                                                                                                                                                                     term growth.
Governance Structure                                                                                                                                                                    As of end of the reporting period
                                                                                                                                                                                               Total board members                          Independent directors                         Non-independent directors
During the reporting period, in accordance with the latest regulatory requirements such as the Company Law of the People’s Republic
of China, the Guidelines for the Articles of Association of Listed Companies, and the Transitional Arrangements for the Implemen-
tation of Supporting Institutional Rules under the New Company Law, we systematically advanced institutional development based
on our actual business needs. In 2025, we revised 14 internal policies, newly established 16, and abolished 2, further refining a gov-
ernance structure characterized by clear architecture and well-defined responsibilities. Through the dynamic improvement of our
                                                                                                                                                                                                         Female directors    2 persons                                  The percentage was       40%
institutional framework, we continuously enhance our operational management and risk control capabilities, effectively safeguard
shareholders’ rights, drive sustained value creation, and ensure stable, high-quality, and long-term growth.
                                ESG Committee                      Sharehold-
                             Strategic Committee
                                                                   ers'Meeting
                                                                                                                                                                                     Investor Rights Protection
                                                                     Board of
                          Compensation Committee
                                                                     Directors                                                                                                       Investor Communication
                                                                                               Board Office
                            Nomination Committee
                                                                     General                                                                                                         JSJ maintains open and constructive dialogue with our investors. Through multiple channels including an investor hotline, dedicated
                 Audit                      Audit                    Manager
                                                                                                                                                                                     email address, on-site visits, and online roadshows, we actively listen to investor needs and promptly respond to their inquiries re-
               Department                 Committee                                           General Manager's Office
                                                                                                                                                                                     garding our operational performance and strategic development. Our communication process is structured as follows:
     Innovation Center          Supply Chain Center       ESH Center       Procurement Center               Quality Center     Financial Center
      Research and Development                                                                                               Strategic Operations                                       The Investor Relations team, under the Board Office, engages with investors through email, telephone, and in-person meet-
                                           Sales Center    Global market center           Human Resources Center
               Center                                                                                                               Center                                              ings. JSJ proactively coordinates internal resources and flexibly arranges virtual or face-to-face meetings based on investor
                                                                                                                                                                                        needs, ensuring efficient and accessible communication.
                                                             JSJ's Governance Structure
 During the reporting period, the Company held
                                                                                                                                                                                        During engagement sessions, the Secretary to the Board or designated personnel serve as the primary points of contact,
               meetings                        10 board meetings              6   supervisory board
                                                                                    meetings
                                                                                                                               meetings
                                                                                                                                                                                        providing comprehensive information on the Company’s history, core products, technological advantages, and market appli-
                                                                                                                                                                                        cations. Interactive question and answer sessions are conducted on key topics such as financial performance, research and
                                                                                                                                                                                        development activities, operational results, current developments, and future strategic plans.
         committee meeting
                                                      meeting
                                                                                   meetings
                                                                                                                       special meeting
                                                                                                                                                                                                                                                                                                                                         Jinsanjiang(Zhaoqing)
      Advancing Governance with Leadership,                                      Smart Connectivity Drives,                                        Ecological Synergy Fuels, Shouldering               Empowering Employees, Gathering                                        Co-existence and Mutual Benefit,                           Silicon Materials
         Building a New Vision of Growth                                       Innovation Ushers in a New Era                                          the New Mission of the Times                      New Momentum for the Team                                           Building a Beautiful New Landscape                          Co.,Ltd.
  Case            On-Site Investor Visits
                                                                                                                                                                                                   Strictly Controlling Compliance Risks
        JSJ has hosted multiple on-site investor visits, during which participants are guided through the production facilities and presented with an
        overview of the Company’s development journey, business operations, innovation initiatives, ESG achievements, and future roadmap. These
        visits enhance transparency, strengthen investor confidence, and foster deeper alignment between investor perspectives and the Company’s
        long-term strategy.
                                                                                                                                                                                           Internal Control Construction
                                                                                                                                                                                           JSJ has consistently regarded a sound risk management system as a key enabler of sustainable development. We continue to
Information Disclosure                                                                                                                                                                     strengthen our internal control framework and enhance the oversight function of auditing, with the aim of preventing and mitigating
                                                                                                                                                                                           various compliance risks and improving governance effectiveness.
JSJ has consistently regarded the protection of investor rights as a core component of corporate governance. The Company strictly
                                                                                                                                                                                           In accordance with the Notice on Strengthening Internal Control Construction for Listed and Pre-listed Enterprises and Advancing
complies with regulatory requirements such as the Management Measures for Information Disclosure of Listed Companies, and fully
                                                                                                                                                                                           Internal Control Evaluation and Audit (Finance Accounting [2023] No. 30) issued by the Ministry of Finance, we have continuously op-
fulfills its obligations to disclose information in a timely, truthful, accurate, and complete manner. Through a transparent and stan-
                                                                                                                                                                                           timized our Internal Audit Charter, refined internal control standards and processes, and further solidified the institutional foundation
dardized information disclosure mechanism, JSJ ensures that all investors have equal access to material information regarding the
                                                                                                                                                                                           for effective governance.
Company’s operations and governance.
                                                                                                                                                                                           To strengthen the implementation of audit outcomes, JSJ formally issued the Management System for Audit Findings and Rectifi-
The primary platform for information disclosure is Juchao Information Network (http://www.cninfo.com.cn), where the Company
                                                                                                                                                                                           cation Implementation in February 2025. This system clearly defines the types of audit actions, approval authorities, and procedural
regularly publishes official announcements, financial indicators, corporate policies, periodic reports, and corporate profiles. In addi-
                                                                                                                                                                                           requirements, and emphasizes the responsibility of audited departments as the primary parties accountable for rectification. These
tion, material disclosures are simultaneously published in authoritative financial media, including Securities Times, China Securities
                                                                                                                                                                                           departments are required to regularly report progress and implementation status to the Audit Department. In addition, the introduc-
Journal and Shanghai Securities News, to broaden the reach of information and enhance public accessibility.
                                                                                                                                                                                           tion of the Corporate Culture Development System has clarified our core values: customer-centricity, innovation-driven growth, long-
                                                                                                                                                                                           term dedication, and continuous self-critique. The system also established mechanisms such as executive dialogues and regular
     During the Reporting Period                                                                                                                                                           general manager forums, laying a strong foundation for a healthy governance environment.
                                                                                                                                                                                           During the reporting period, we conducted multiple special audits focusing on key business areas such as procurement, logistics, and
        The Company has disclosed a total of
        nouncements.
                                                                                                                                                                                           operational efficiency. Meanwhile, we actively organized internal audit training sessions to promote understanding of audit proce-
                                                                                                                                                                                           dures and compliance requirements, enhancing employees’ awareness of internal controls and strengthening overall risk and com-
                                                                                                                                                                                           pliance consciousness across the organization.
                                                                        Securities                                                                                                                                                                                                                   Internal Audit Training                    Case
                                                Official
                                             Information                 Times                         China
                                         Disclosure Channel                                          Securities
                Juchao                   of Shenzhen Stock                                                                       Shanghai
              Information                     Exchange                                                Journal                    Securities                                                       On March 13, 2025, JSJ conducted a specialized training session on the Management System for Audit Findings and Rectification Implemen-
                                                                                                                                                                                                  tation, targeting all employees at the associate level and above. The session covered principles of disciplinary actions based on audit results,
                Network                                                                                                            News
                                                                                                                                                                                                  approval workflows, and management requirements for rectification implementation. A post-training assessment was conducted to evaluate
                                                                                                                                                                                                  learning outcomes. The training effectively enhanced employees’ risk management awareness and reinforced the foundation for effective en-
                                                                                                                                                                                                  forcement of our internal control systems, supporting our stable and sound operations.
                                                  Main Information Disclosure Channels
                                                     Rich and Various Information Disclosure Channels
                                                                                                                                                                                                                                                                                                                             Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                                 Smart Connectivity Drives,                                 Ecological Synergy Fuels, Shouldering               Empowering Employees, Gathering                                         Co-existence and Mutual Benefit,                           Silicon Materials
        Building a New Vision of Growth                                  Innovation Ushers in a New Era                                   the New Mission of the Times                      New Momentum for the Team                                            Building a Beautiful New Landscape                          Co.,Ltd.
Three Lines of Defense                                                                                                                                                        We maintain a zero-tolerance policy toward any form of commercial bribery, money laundering, or unfair competition. The Manage-
                                                                                                                                                                              ment System for Audit Findings and Rectification Implementation has been issued to formalize the handling process: if an employee
                                                                                                                                                                              is found to have engaged in acts such as commercial bribery, the Audit Department may, upon approval by the Executive Manage-
In 2025, JSJ continued to advance the construction of our “Three Lines of Defense” risk management framework. The first line of defense                                       ment Team (EMT) meeting, issue disciplinary actions including serious demerit, demotion, salary reduction, termination of employ-
consists of business departments, which proactively identify and manage operational risks in daily activities and report any potential risks                                  ment contract, and claims for economic compensation. In severe cases, the matter will be referred to judicial authorities for legal
in a timely manner. The second line of defense is fulfilled by the Finance and Legal departments, which have comprehensively upgraded                                         prosecution.
the Accounts Receivable Management Policy, the Contract Management Policy, and other related policies from a global perspective,
in order to standardize the details of business transactions for both the Company and its subsidiaries. The third line of defense is carried out                                                             JSJ has formulated and updated multiple internal regulations, including the Management System for Cadre Organi-
by the Audit Department, which independently conducts supervision and review, issues audit reports, and identifies potential gaps in internal                                                                zational Capability and Work Quality and the Logistics Management System, further clarifying cadre management,
controls. Through clearly defined responsibilities and close collaboration across departments, the three lines work together as an integrated                                                                supervisory pathways, responsibility allocation, and operational procedures. The Audit Department strictly follows
                                                                                                                                                                                Anti-Bribery                 established protocols to conduct regular reviews and investigations into potential violations, strengthening over-
mechanism to safeguard our compliant and resilient operations.
                                                                                                                                                                                                             sight and control mechanisms. In 2025, no legal cases arising from fraud or corruption were recorded, reflecting
                                                                                                                                                                                                             the continued reinforcement of our culture of integrity.
                                                                                                                                                                                                             JSJ strictly complies with the Anti-Money Laundering Law of the People’s Republic of China and continuously im-
                                                              Risk Management
                                                                                                                                                                                                             proves internal compliance mechanisms to ensure that all business operations are conducted in accordance with
                                                                                                                                                                                Anti-Money                   the law. The Company actively enhances communication and collaboration with law enforcement agencies, regu-
                                                                                                                                                                                Laundering                   latory authorities, and financial industry partners. We have organized anti-money laundering training sessions for
              Business Department                     Finance and Legal Departments                         Audit Department                                                                                 employees in the Finance Center to deepen their understanding and strengthen their ability to implement anti-mon-
                                                                                                                                                                                                             ey laundering requirements, ensuring that related policies are effectively executed and deliver tangible results.
               First Line of Defense                       Second Line ofDefense                          Third Line of Defense                                                                              JSJ strictly adheres to the Anti-Unfair Competition Law of the People’s Republic of China and other relevant laws
                                                                                                                                                                                                             and regulations, and firmly prohibits misleading advertising, commercial bribery, market confusion, and other unfair
                                                                                                                                                                               An t i - U n f a i r          practices. We do not seek competitive advantage through consumer deception or the misappropriation of others’
         Proactively identify andmanage operational risksin daily activities, andreport any potential risks ina timelv manner.                                                 Competition                   trade secrets. In 2025, the Company was not involved in any legal proceedings related to unfair competition or mo-
                                                                                                                                                                                                             nopolistic behavior, maintaining an excellent compliance record.
           Standardize businessprocesses and controlfinancial and legal risksthrough establishedmanagement systems.
                                                                                                                                                                                Case            Integrity Training
                                                                                                                                                                                     Integrity in professional conduct is a cornerstone of JSJ’s compliance system. On July 11, 2025, the Company organized a specialized
                                                                                                                                                                                     training session themed “Integrity as the Foundation, Law as the Guideline — Building a New Order in Corporate Management”. The session
            Conduct independentsupervision and review,issue audit reports, andaddress potential gaps ininternalcontrols.                                                             systematically explained the meaning and boundaries of integrity discipline, clarified the legal and disciplinary consequences of violations,
                                                                                                                                                                                     and conducted an in-depth analysis of typical misconduct cases. It also defined clear behavioral guidelines and implementation rules for
                                                                                                                                                                                     maintaining integrity at work.
                Risk Identification                            Risk Response                              Risk Supervision and
                                                                                                                                                                                     Through case-based legal education and law-driven integrity promotion, the training further strengthened employees’ awareness of disci-
                and Assessment                                 andRisk Control                                  Reporting
                                                                                                                                                                                     pline and bottom-line thinking. It helped embed a culture of integrity into daily operations and established a solid ideological foundation for
                                               “Three lines of defense” risk management mechanism                                                                                    the Company’s healthy and sustainable development.
          Upholding Business Ethics
JSJ strictly complies with the Anti-Monopoly Law of the People’s Republic of China, the Anti-Unfair Competition Law of the People’s
Republic of China, the Anti-Money Laundering Law of the People’s Republic of China, the Interim Provisions on Prohibiting Business
Bribery, and other relevant laws and regulations, and continues to strengthen the construction of a compliance-based operating sys-
tem. We have established and implemented internal regulations such as the Management System for Cadres, which clearly defines
prohibited acts including commercial bribery, improper transfer of benefits, unauthorized solicitation or acceptance of benefits, and
                                                                                                                                                                                                                                               Integrity Training Session
conflicts of interest, and specifies corresponding accountability and disciplinary mechanisms.
                                                                                                                                                                                                                                                                                                         Jinsanjiang(Zhaoqing)
       Advancing Governance with Leadership,                                 Smart Connectivity Drives,                                Ecological Synergy Fuels, Shouldering                Empowering Employees, Gathering                            Co-existence and Mutual Benefit,                  Silicon Materials
          Building a New Vision of Growth                                  Innovation Ushers in a New Era                                  the New Mission of the Times                       New Momentum for the Team                               Building a Beautiful New Landscape                 Co.,Ltd.
Supervision Channels and Cadre Supervision Mechanisms                                                                                                                          Whistleblower Protection Mechanism
  Cadre Supervision Email              A dedicated email box (ts@jsjgcl.com) has been established. All employees may report suspected                                          JSJ places high importance on the protection of whistleblowers and continues to strengthen related safeguards. We strictly adhere
violations or abnormal behaviors of company cadres via email, to promptly expose and correct improper conduct by cadres. The                                                   to confidentiality requirements, and all relevant departments are required to implement full-process confidentiality management of
email box is personally managed and checked by the General Manager.                                                                                                            whistleblower information. Under no circumstances will any personally identifiable information be disclosed or leaked without the
                                                                                                                                                                               whistleblower’s consent.
Special Investigation Team             Assists the General Manager in responsibilities such as recording, auditing, analyzing, determining
liability, imposing penalties, and providing rewards for reported incidents; supervises the conduct of cadres across all centers.                                              We strictly prohibit any form of discrimination, suppression, or retaliation against whistleblowers. The Company is committed to
                                                                                                                                                                               protecting their legitimate rights and interests, fostering a safe and trustworthy supervisory environment, and promoting the effective
 Human Resources Center                 Conducts periodic 360-degree evaluations on cadre supervision, and assists the General Manager in
                                                                                                                                                                               and sustainable operation of our internal oversight mechanisms.
supervising cadres and handling violations.
       General Manager                 Approves the results of cadre supervision.
       Audit Department                Conducts supervision and inspection on the daily conduct of cadres in all centers.
Decisions on violations or abnormal situations involving company cadres shall be jointly determined by the Special Investigation
                                                                                                                                                                                        Implementing Sustainable Development
Team and the General Manager.
                                                                                                                                                                               JSJ views ESG as the cornerstone supporting high-quality corporate development. The Company continuously improves its ESG
                                                                                                                                                                               governance structure and management system, and is committed to achieving a synergistic relationship between sustainable de-
                                                                                                                                                                               velopment and business value growth. At the same time, the Company attaches great importance to the expectations of various
Supervision methods        Dedicated Complaint Email: mailto:ts@jsjgcl.com        Regular 360-degree feedback surveys     Audit Department                                     stakeholders, actively responds to their concerns, and works together with a wide range of stakeholders to advance the green and
                                                                                                                                                                               low-carbon transition, steadily moving towards the “net zero emissions” goal.
                                                                        and ad hoc 360-degree feed-
                                                                        back survey information on ex-
                                                                                                               vises the current executives
                                                                                                               of each center and depart-
                                                                                                                                                                               Sustainable Development Governance
     via email and provide explanations regarding any current
                                                                        ecutives during their tenures to       ment in conjunction with the
     executives who violate the Company's standards for                                                                                                                        JSJ has established a three-level ESG governance structure covering the corporate governance level, management level, and execu-
                                                                        conduct long-term monitoring           internal control system, with
     executives, including requirements for their positions                                                                                                                    tion level. The Board of Directors serves as the highest decision-making body. The ESG Committee coordinates the Company’s ESG
                                                                        of their performance while in          a particular focus on issues
     and prohibited behaviors, upon discovery;                                                                                                                                 initiatives, and the ESG Specialized Team is responsible for implementation. With support and participation from functional depart-
                                                                        office.                                such as corruption and the
                                                                                                               abuse of power for personal
     the public announcement period for executive selection                                                                                                                    structure, the Company ensures that its ESG practices consistently align with the sustainable development concepts and objectives
                                                                                                               gain.
     and appointment, they may file a real-name complaint                                                                                                                      set internally.
     via email and provide relevant explanations.
                                                                                                                                                                                 Governance Layer                                                      Board of Directors
      Members of                                          Special Investigation Team, General Manager
  the Monitoring Group                                                                                                                                                                                                                Compensation
                                                                                                                                                                                                                                                                Strategy              Nomination        Audit
                                                                                                                                                                                Management Layer                 ESG Committee       and Assessment
                                                                                                                                                                                                                                                               Committee                              Committee
                                                                                                                                                                                                                                                                                      Committee
                                                                                                                                                                                                                                       Committee
      Application of                Accountability measures, ranging from demotion to exoneration or dismissal, will be imposed
   Inspection Findings              depending on the severity of the findings of the inspection
                                                                                                                                                                                                                                                         ESG Task Force
                                                                 Cadre Supervision Process Flowchart
                                                                                                                                                                                  Execution Layer                                                                      Support,participation
                                                                                                                                                                                                                                                 Various Functional Departments
                                                                                                                                                                                                                                                                                                         Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                                    Smart Connectivity Drives,                        Ecological Synergy Fuels, Shouldering           Empowering Employees, Gathering                                  Co-existence and Mutual Benefit,                        Silicon Materials
        Building a New Vision of Growth                                     Innovation Ushers in a New Era                          the New Mission of the Times                  New Momentum for the Team                                     Building a Beautiful New Landscape                       Co.,Ltd.
                               •  Reviews proposals submitted by the ESG Committee and makes final decisions on ESG-related ob-
                                                                                                                                                                           Stakeholder                      Communication                     Communication                            Communication and
                                                                                                                                                                              Group                            Content                          Channels                               Response Methods
     Board of                     jectives and material topics.
     Directors                 •  Oversees the review and approval of JSJ’s annual ESG report to ensure its accuracy, completeness,
                                  and strategic alignment.                                                                                                                                                  Lawful Operation                Information Submission               Lawful and Compliant Operation
                                                                                                                                                                        Regulatory Bodies/Gov-                Tax Payment                       Visits Reception                  On-time and Full Tax Payment
                                                                                                                                                                         ernment Departments           Energy Saving and Emission         Government-Enterprise Meetings          Production of Green Products
                                                                                                                                                                                                               Reduction
                               •  Conducts research on sustainable development trends and relevant ESG regulations, and provides
                                  recommendations to senior management.
                               •  Identifies environmental, social, and governance impacts, risks, and opportunities, and guides man-
                                  agement in developing appropriate response strategies.                                                                                                                                                    Shareholders' Meeting
                                                                                                                                                                                                            Investment Returns                                                             Business Growth
                               •  Studies, analyzes, and evaluates ESG-related initiatives, and proposes an ESG management frame-                                                                                                          Performance Explanation
                                                                                                                                                                            Shareholders                      Rights Protection                                                         Corporate Governance
                                  work, operational mechanisms, and strategic plans that align with JSJ’s actual circumstances.                                                                                                            Meeting Investor Activities
                                                                                                                                                                            and Investors                Information Transparency                                                       Information Disclosure
       ESG                     •  Promotes enhanced communication between the Company and its stakeholders on material ESG
                                                                                                                                                                                                                 Risk Control
                                                                                                                                                                                                                                              Company Website
                                                                                                                                                                                                                                                                                      Internal Control Processes
     Committee                    matters.                                                                                                                                                                                                          Hotline
                               •  Monitors progress toward achieving established ESG goals, and regularly reviews the implementa-
                                  tion of ESG policies and the execution of related tasks.
                               •  Holds meetings to discuss and deliberate on action plans submitted by the ESG Specialized Team,
                                  communicates the outcomes to the Board of Directors, and provides feedback to the ESG Special-
                                                                                                                                                                                                                                                                                             Quality Control
                                  ized Team.
                                                                                                                                                                                                                                                                                            R&D Investment
                               •  Reviews the draft ESG report and submits it to the Board for final approval.                                                                                                Product Quality                       Hotline
                                                                                                                                                                                                                                                                                         Customized Solutions
                                                                                                                                                                                                            Product Innovation                       Email
                                                                                                                                                                              Customers                                                                                                   Customer Feedback
                                                                                                                                                                                                            Service Experience            Customer Satisfaction Survey
                                                                                                                                                                                                                                                                                     Integrity and Anti-Corruption
                               •  The ESG Specialized Team drives the implementation of ESG objectives across relevant depart-                                                                               Rights Protection                Customer Meetings
   ESG Special-                                                                                                                                                                                                                                                                          Employee Well-Being
                                  ments, organizes training sessions, and tracks policy developments.                                                                                                                                                                                      Green Operations
  ized Team and
                               •  The team collects and consolidates ESG data, and leads the preparation of the annual ESG report.
    Functional
                               •  Functional departments are responsible for executing specific ESG projects and ensuring their ef-
   Departments
                                  fective implementation, while actively supporting the work of the ESG Specialized Team.
                                                                                                                                                                                                                                             Employee Activities                   Compliance Employment
                                             JSJ's proposed ESG governance structure and responsibilities                                                                                                    Employee Rights
                                                                                                                                                                                                                                          General Manager Communi-              Employee Training and Advance-
                                                                                                                                                                                                            Career Development
                                                                                                                                                                              Employees                                                           cation Email                       ment Opportunities
                                                                                                                                                                                                            Salary and Benefits               Internal Meetings                      Salary and Benefits
                                                                                                                                                                                                             Health and Safety                 WeChat Groups                                Safety
Stakeholder Communication
                                                                                                                                                                                                             Business Ethics                                                         Supplier Management System
                                                                                                                                                                                                                                              On-site Inspection
                                                                                                                                                                            Suppliers and               Product Quality and Safety                                                      On-site Factory Audit
JSJ communicates deeply with stakeholders through multiple channels such as on-site research, interviews, and questionnaires, lis-                                                                                                                Supplier Audit
                                                                                                                                                                              Partners                        Fair Bidding                                                               Project Procurement
tens to the specific issues and demands that stakeholders are practically concerned about in terms of ESG, and responds to them in                                                                                                          Offline/Online Meetings
                                                                                                                                                                                                         Long-term Cooperation                                                         Supplier ESG Evaluation
a timely manner.
                                                                                                                                                                                                        Environmental Protection                                                           Green Products
                                                                                                                                                                                                                                                Media Interviews
                                                                                                                                                                                Media                 Corporate Social Responsibility                                                  Public Welfare Activities
                                                                                                                                                                                                                                          Public Information Disclosure
                                                                                                                                                                                                          Compliant Operation                                                           Corporate Governance
                                                                                                                                                                             Community                    Support for Social Welfare      Public Information Disclosure                Public Welfare Activities
                                                                                                                                                                             and Public               Protection of Natural Environment      Community Activities                          Green Products
                                                                                                                                                                                                                                                                                                                                    Jinsanjiang(Zhaoqing)
      Advancing Governance with Leadership,                                     Smart Connectivity Drives,                      Ecological Synergy Fuels, Shouldering                                   Empowering Employees, Gathering                                    Co-existence and Mutual Benefit,                         Silicon Materials
         Building a New Vision of Growth                                      Innovation Ushers in a New Era                        the New Mission of the Times                                          New Momentum for the Team                                       Building a Beautiful New Landscape                        Co.,Ltd.
Analysis of Material Issues                                                                                                                                             2025, the Company identified a total of 21 Material Issues, including 6 environmental issues, 11 social issues, and 4 governance
                                                                                                                                                                        issues.
During the reporting period, the Company reviewed and reflected on the results of stakeholder engagement and materiality analysis in
light of its annual focus areas. It carefully assessed the rationality of the stakeholder communication process and the determination of                                                                                                             The 2025 Materiality Matrix of JSJ
material issues, and conducted a reasonable evaluation of the need for changes to the 2025 Material Issues. The assessment results
show that the determination of the Company’s Material Issues for 2025 remains consistent with the previous year. The identification
of Material Issues provides strong support and directional guidance for the Company’s ESG decision-making and implementation of                                                                                                                                                                                                       7
actions.                                                                                                                                                                                                                                                                                                           9
     Business Background Understanding and Stakeholder Identification
     Gain an understanding of the Company's internal activities, business relationships, and external objective environment fac-                                                                                                                                 4                                      3
                                                                                                                                                                        Importance to ESG Impact
     tors, comprehensively covering the upstream and downstream of the Company's value chain activities. Sort out the applica-
     ble sustainable development regulations and statutes as well as the key stakeholders mainly affected.
     Issue Identification and Screening
     Refer to the Global Reporting Initiative (GRI) Standards of the Global Sustainability Standards Board (GSSB), the United Nations                                                                                                                                                              13
     Sustainable Development Goals (UN SDGs), and the Guidelines for the Preparation of Sustainability Reports of Listed Companies                                                                                                                                                        21
     on the A-share Market. Combine policy analysis and peer benchmarking to preliminarily determine a series of important issues                                                                                                                                                                       15
     and use them as the basis for stakeholder assessment.
     Issue Importance Assessment                                                                                                                                                                                                                                                               6
     Conduct online surveys to understand the viewpoints of various stakeholders on important environmental, social, and governance                                                                     17
     issues that should be primarily considered by JSJ. Conduct in-depth interviews with representatives of selected stakeholder
     groups to further collect their viewpoints on environmental, social, and governance issues related to the Company. Based on the
     stakeholder research results, assess the importance of issues to internal and external stakeholders of the Company and prelimi-
     narily determine the ranking of issue importance.
                                                                                                                                                                                                                                                             Importance to JSJ
     Issue Confirmation and Disclosure
     Verify the priority of each issue with JSJ’s management, finalize the double materiality issue matrix, and disclose and report
     the matrix.
                                                                                                                                                                                                   Environmental                                                 Social                                                      Governance
                                              Process of identifying issues of importance on the JSJ Matrix
                                                                                                                                                                        ①.  Green Operations                                     ⑦.  Product Quality and              ?.  Employee Care                                ?.  Business Ethics
                                                                                                                                                                        ②.  Energy Management                                                                         ?.  Diversity, Inclusion and                     ?.  Information Security
                                                                                                                                                                                                                                          Safety
                                                                                                                                                                        ③.  Emissions and Waste                                  ⑧.  Technology Innovation                  Equality
                                                                                                                                                                                                                                                                                                                       ?.  ESG Governance
                                                                                                                                                                                                                                                                      ?.  Customer Benefits
                                                                                                                                                                                                                                          and R&D
                                                                                                                                                                                                                                                                                                                       ?.  Corporate governance
                                                                                                                                                                                                   Management
                                                                                                                                                                        ④.  Water Management                                     ⑨.  Employee Safety                  ?.  Supply Chain Management
                                                                                                                                                                        ⑤.  Climate Change                                       ⑩.  Employee Rights                  ?.  Chemical Safety
                                                                                                                                                                        ⑥.  Biodiversity                                         ?.  Employee Development             ?.  Social welfare
                                                                                                                                                                                                                                                                                                     Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                              Smart Connectivity Drives,                         Ecological Synergy Fuels, Shouldering                     Empowering Employees, Gathering                             Co-existence and Mutual Benefit,                    Silicon Materials
        Building a New Vision of Growth                               Innovation Ushers in a New Era                           the New Mission of the Times                            New Momentum for the Team                                Building a Beautiful New Landscape                   Co.,Ltd.
          Ensuring Information Security                                                                                                                            Information System Security Protection and Incident Response
                                                                                                                                                                   To ensure the continuous and stable operation of information systems and support the efficient development of digital business, the
                                                                                                                                                                   Company has built a comprehensive security system covering network architecture, data protection, access control, and emergency
JSJ strictly complies with laws and regulations such as the Cybersecurity Law of the People’s Republic of China, the Data Security                                 response. Through the dual drivers of technical measures and management mechanisms, the Company continuously strengthens
Law of the People’s Republic of China, and the Personal Information Protection Law of the People’s Republic of China. The Company                                  system resilience and risk response capabilities, ensuring the confidentiality, integrity, and availability of critical business data.
places high importance on the information security of customers, suppliers, and employees, and actively protects sensitive informa-
                                                                                                                                                                   Based on this, the Company implements a series of standardized and traceable measures to effectively strengthen the defense line of
tion belonging to customers, suppliers, and employees.
                                                                                                                                                                   information security.
At the same time, the Company has established the Management System for Information Outbound Transmission, which implements
classified and graded management of information assets and clearly defines the approval process and responsibility requirements
for file external transmission. This system operates in coordination with the enterprise encryption system, forming a multi-layered                                                  The Company has installed a dedicated Network Attached Storage (NAS) system on-site to back up files from the
                                                                                                                                                                   Management
                                                                                                                                                                   Data Backup
information protection mechanism that effectively reduces the risk of data leakage and comprehensively enhances the Company’s                                                        Manufacturing Execution System. A full backup is performed once daily to ensure production data is traceable and
                                                                                                                                                                                     recoverable. At the same time, the Company implements cloud-based backup for the Office Automation (OA) system
information security control capabilities.
                                                                                                                                                                                     on the Huawei Cloud platform, executing a differential backup strategy every night to accurately capture daily data
                                                                                                                                                                                     changes and ensure real-time data updates. Before any system change or upgrade, a complete backup process
                                                                                                                                                                                     must be completed to fully preserve system data, effectively supporting business continuity.
        Formulation of processes
       The Company implements standardized management of outbound information, covering key stages such as demand
       assessment, content confirmation, process approval, periodic inspection, and data cleanup, forming a closed-loop
                                                                                                                                                                                                                                                                                                                Network Securi-
                                                                                                                                                                                                                                                                                                                 ty Protection
       management mechanism that is strictly enforced.
                                                                                                                                                                          The Company enables host security policies on cloud-based OA servers, blocks unnecessary external ports, and de-
                                                                                                                                                                          ploys gateway firewalls at the local network entry point. Virus databases are updated regularly to reduce exposure
                                                                                                       Encryption Management                                              risks at the network entry layer. In addition, AirTight anti-virus software is installed on servers to strengthen detec-
                                                                                                                                                                          tion and defense against malicious programs, building a coordinated “platform + endpoint” protection system.
       The Company applies comprehensive encryption to all information. Outbound files can only be accessed after un-
       dergoing a dedicated decryption approval process. Based on the sensitivity and type of information, the Company
       establishes graded decryption approval authorities, strengthens the password management system, and effectively
       prevents the risk of information leakage.
                                                                                                                                                                   Access and Per-
                                                                                                                                                                   mission Control
                                                                                                                                                                                     The data server room implements an access control system, allowing entry only to key technical personnel and
        Approval Traceability                                                                                                                                                        preventing unauthorized access. Employees sign confidentiality agreements upon onboarding, clearly defining their
                                                                                                                                                                                     information security responsibilities. Confidentiality obligations are also reinforced for personnel in key positions.
       The Company has established the External Information Release Approval Form in the OA system, clearly defining the                                                             System accounts are regularly reviewed and audited to prevent misuse of permissions, ensuring critical information
       responsible person, release content, purpose, and approval path, enabling full-process record keeping and traceability                                                        is under dual control at both the permission and access levels.
       management.
                                                      Risk Control of Outbound Data                                                                                       The Company has established a robust mechanism for responding to cybersecurity attacks. In response to a ran-
                                                                                                                                                                                                                                                                                                                dent Response
                                                                                                                                                                                                                                                                                                                 Security Inci-
                                                                                                                                                                          somware attack on the OA system, the technical team quickly identified the root cause as a vulnerability in the
                                                                                                                                                                          mobile client of the encryption software. The team immediately completed patch updates, deployed server-side
                                                                                                                                                                          anti-virus defense functions, and implemented distributed deployment of the OA application, separating the applica-
                                                                                                                                                                          tion server from the database server. The application server now accesses the database through a designated path,
                                                                                                                                                                          eliminating the risk of network attacks.
                                                                                                                                                                                                                                                                                                                                                      Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                                            Smart Connectivity Drives,                                          Ecological Synergy Fuels, Shouldering                Empowering Employees, Gathering                                           Co-existence and Mutual Benefit,                             Silicon Materials
        Building a New Vision of Growth                                             Innovation Ushers in a New Era                                            the New Mission of the Times                       New Momentum for the Team                                              Building a Beautiful New Landscape                            Co.,Ltd.
                                                                                                                                                                                                  Information Security Awareness and Collaborative Management
                                                                                                                                                                                                  To enhance employees’ awareness of information security, the Company organized multiple specialized training sessions on data
                                                  Company’s basic network infrastructure                                                                                                          security and privacy protection in 2025, promoting fundamental information security knowledge to all employees and improving their ability
                                                                                                                                                                                                  to properly handle information security matters. For information leakage incidents caused by individual misconduct, the Company
                                                                                                                                                                                                  will impose corresponding disciplinary actions based on the nature and impact of the incident.
  Network Core                               Server cluster                      Firewall                     Switch cluster                  Load balancing
                                                                                                                                                                                                  At the same time, to strengthen information security management among suppliers, the Company has established clear requirements
                                                                                                                                                                                                  through confidentiality agreements and regular supplier evaluations, effectively mitigating data risks in external collaborations and
                                                                                                                                                                                                  building a secure and trustworthy cooperative ecosystem.
                                                     Intrusion detection                                                Network performance
                                     Behavior analysis             Vulnerability scanning          Traffic monitoring   Performance analysis Resource scheduling
      Security                                                                                                                                                                                      Case           Cybersecurity Training for New Employees
     Protection
                                      Virus protection             Vulnerability patching                                    Data center
                                                                                                                                                                                                          In 2025, the Company continued to strengthen source-level information security management by providing systematic IT training to all new
                                                                                                                                                                                                          employees, with a focus on enhancing information security awareness and standardized operating capabilities. The training thoroughly cov-
                                    Identity authentication    Permission management                 Machine room       Equipment operation and
                                                                                                                                                    Fault handling                                        ers clauses on data confidentiality responsibilities, security standards for office equipment usage, and emergency response procedures for
                                                                                                     environment             maintenance
                                                                                                                                                                                                          security incidents, helping new employees establish a strong security mindset from day one.
                                                                                                                                                                                                          At the same time, all new employees are required to sign confidentiality agreements, ensuring information security responsibilities are as-
                                                                                                                                                                                                          signed to specific roles and individuals. Through this systematic onboarding training, the Company not only improves new employees’ IT
 Access Control                     Identity authentication    Permission management         Access records              Security audit            Risk warning
                                                                                                                                                                                                          application skills but also integrates security culture into the very beginning of their careers, laying a solid foundation for the secure and sta-
                                                                                                                                                                                                          ble operation of the Company’s information systems.
Application Services                             Website cluster                              Mail system                                  Data backup
                                                               JSJ's Basic Network Architecture
                                                                                                                                                                                                                                                            Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                       Smart Connectivity Drives,                   Ecological Synergy Fuels, Shouldering         Empowering Employees, Gathering               Co-existence and Mutual Benefit,                  Silicon Materials
        Building a New Vision of Growth                        Innovation Ushers in a New Era                     the New Mission of the Times                New Momentum for the Team                  Building a Beautiful New Landscape                 Co.,Ltd.
              Smart Connectivity Drives,
              Innovation Ushers in a New Era
                                                                                                                                                      Our Performance
                                                                                                                                                      R&D expenditure of 17,657,300 yuan, with 53 R&D staff
                 Our Actions
                 • Focus on Customer Service                            • Adhering to Craftsmanship Quality
                 • Accelerating R&D Iteration                           • Safeguarding Production Safety                                              property rights to 156
                 • Building Intelligent Production Lines                                                                                              The Company’s ISO 9001 quality management system certification covers 100% of its business
                                                                                                                                                      operations
                                                                                                                                                                                                                                                                                                                Jinsanjiang(Zhaoqing)
      Advancing Governance with Leadership,                           Smart Connectivity Drives,                             Ecological Synergy Fuels, Shouldering           Empowering Employees, Gathering                                         Co-existence and Mutual Benefit,                           Silicon Materials
         Building a New Vision of Growth                            Innovation Ushers in a New Era                               the New Mission of the Times                  New Momentum for the Team                                            Building a Beautiful New Landscape                          Co.,Ltd.
          Focus on Customer Service                                                                                                                                  Individualized Solution Development Capability: As the "exclusive designer" for our customers, based on our understanding
                                                                                                                                                                     of customer needs and industries, we significantly shorten the customer development cycle through a multi-departmen-
                                                                                                                                                                     tal concurrent engineering mechanism, enabling faster entry into the R&D phase and cycle. We develop high-value-added
                                                                                                                                                                     products that meet market and customer demands and tailor customized product and service solutions for our customers.
JSJ has always taken customer demand as the core orientation for enterprise development. Adhering to the service philosophy of
"customer first, pursuit of excellence," we continuously create value by establishing a full-life-cycle service system. We have set up
a dynamic demand response mechanism to tailor solutions for different industry scenarios. We value customer demands and feed-
back, practice responsible marketing, and strive to safeguard customer rights and enhance customer experience and satisfaction.                                      Closed-Loop Quality Assurance System: We promptly handle customer feedback and accurately convey customer issues to
                                                                                                                                                                     the factory to ensure understanding and analysis of the problems and the formulation of exclusive solutions.
Customer-Centric Approach                                                                                                                                            Multi-Dimensional Customer Empowerment Platform: We establish an integrated "online + offline" training program to help
                                                                                                                                                                     customers master product applications and enhance their user experience.
The Company has always placed customer health and safety at the strategic core. By establishing a four-in-one service model in-
tegrating "customized solutions + professional management system (CRM) + scientific service system + efficient response mecha-
nism," we continuously improve customer experience satisfaction and fully implement a "customer-centric" approach.
                                                                                                                                                                     Case        Empowering Customers with Professional Services - JSJ Launches Specialized Product Training
Customer Health and Safety                                                                                                                                              In May 2025, JSJ officially launched specialized silica product training covering all business lines, focusing on core application areas such
                                                                                                                                                                        as batteries, food, pharmaceuticals, cosmetics, oral care, and silicone rubber, to systematically enhance the professional service capabilities
JSJ firmly operates under the ISO 22000:2018 Food Safety Management System and the ISO 9001:2015 Quality Management                                                     of our market and sales teams. This training, supported by R&D expertise, breaks down information barriers between technology and the
System, using these dual systems as the cornerstone to establish a standardized control network that covers the entire process from                                     market, providing in-depth explanations of the performance characteristics, application scenarios, and competitive advantages of various
                                                                                                                                                                        product series, and facilitating the efficient translation of technical language into customer communication language. Through cross-de-
research and development, raw materials procurement, production, inspection, to delivery. Leveraging over two decades of expertise
                                                                                                                                                                        partmental interaction and case studies, the team further strengthened its understanding of customer needs, enabling more precise provi-
in precipitation process technology and automated intelligent monitoring, the Company precisely controls product purity, microbial,                                     sion of customized solutions and enhancing response speed and service professionalism.
and heavy metal indicators. Meanwhile, with continuous research and innovation as its driving force and customer needs as its start-
ing point, JSJ consistently introduces safer, more stable, and better-suited customized products, thereby building a comprehensive
safety barrier and effectively safeguarding the health and safety of end consumers.
Customer Satisfaction
Tailoring Solutions Based on Needs
JSJ builds a full-chain service system based on in-depth demand insight. By precisely matching customers' individualized needs, we
continuously create measurable business value and expand our product lines and business scope.
     Full Value Chain Demand Insight System: We have established a cross-departmental collaborative demand management
     mechanism. Through regular interaction among the market, R&D, production, and sales teams, and relying on regular
     customer visits, industry trend analysis, and big data analysis tools, we systematically explore customers' explicit needs
     to ensure that our products and services highly align with their actual requirements and respond efficiently to customer
     demands.
                                                                                                                                                                                                                                                                                                      Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                                     Smart Connectivity Drives,                              Ecological Synergy Fuels, Shouldering              Empowering Employees, Gathering                           Co-existence and Mutual Benefit,                  Silicon Materials
        Building a New Vision of Growth                                      Innovation Ushers in a New Era                                the New Mission of the Times                     New Momentum for the Team                              Building a Beautiful New Landscape                 Co.,Ltd.
Enhancing Experience through Systems                                                                                                                                           Perfected Customer Complaint Management
The Company relies on the Customer Relationship Management (CRM) system to continuously improve customer experience.                                                           JSJ has established the Regulations on Handling Customer Complaints and the Management System for Customer Complaint Inci-
                                                                                                                                                                               dents. The Quality Center coordinates and implements standardized management across all business units to ensure that customer
                                                                                                                                                                               demands receive professional responses within a closed-loop process.
                                                                                                                                                                                  During the Reporting Period
                                              Precise Insight into Needs
                                                                                                                                                                                     the Company further improved its customer complaint evaluation, analysis, and improvement system. Each month and
                                             Through intelligent data analysis, we deeply explore customer needs and preferenc-
                                                                                                                                                                                     quarter, the heads of product lines take the lead in organizing relevant departments to analyze complaint data, sum-
                                             es, assisting enterprises in creating personalized services and enhancing customer
                                                                                                                                                                                     marizing complaint types, high-incidence areas, handling effects, etc. Based on the analysis results, the root causes
                                             experience.
                                                                                                                                                                                     of problems are identified, and improvement measures such as optimizing product design, improving service process-
                                                                                                                                                                                     es, and strengthening employee training are formulated and tracked for implementation to prevent similar complaints
                                                                                                                                                                                     from recurring.
                                              Efficient Collaborative Management
  CRM
                                             From production planning to product delivery, we ensure seamless connection across
 System
                                             the entire chain, optimize resource allocation, reduce operational costs, and guarantee                                                Establishment of the "Zero Customer Complaint Team"
                                             efficient operation of the supply chain.
                                                                                                                                                                                    To achieve the goal of "zero customer complaints," the Company has established a "Zero Customer Complaint Team" com-
                                                                                                                                                                                    posed of members from the Sales Center, Production Department, R&D (Research and Development) Center, and Quality Cen-
                                              Real-Time Dynamic Control                                                                                                             ter. This team is specifically responsible for resolving customer complaints.
                                                                                                                                                                                    After the establishment of the "Zero Customer Complaint Team," dedicated personnel are tasked with tracing and analyzing
                                             Sales personnel can check the latest sales data and order status anytime and any-                                                      the causes of customer complaints, investigating and resolving quality hazards, thereby eliminating potential quality risks.
                                             where, quickly responding to market demands and improving service efficiency and
                                             customer satisfaction.
                                                         Introduction to CRM System Functions
Promoting Services through Systems
JSJ has formulated the Incentive Management System for the Sales Center. An efficient and collaborative customer service organi-
zational system serves as the guarantee for us to provide high-quality services to our customers.
                                                          Customer Service System
                                                                 Technical R&D (Re-
   Business                                                                                           Quality
                            Order/Logistics Re-                 search and Develop-                                  Accounts/Invoice
  Responsible                                                                                       Responsible
                             sponsible Person                    ment) Responsible                                  Responsible Person
    Person                                                                                            Person
                                                                      Person
                                                         Customer Service Organizational System
                                                                                                                                                                                                                                                                                                                    Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                                        Smart Connectivity Drives,                                    Ecological Synergy Fuels, Shouldering               Empowering Employees, Gathering                               Co-existence and Mutual Benefit,                  Silicon Materials
        Building a New Vision of Growth                                         Innovation Ushers in a New Era                                      the New Mission of the Times                      New Momentum for the Team                                  Building a Beautiful New Landscape                 Co.,Ltd.
Satisfaction Survey Mechanism                                                                                                                                                           Responsible Marketing
JSJ has established a customer satisfaction survey mechanism to accurately capture customer demands from three major dimen-
sions: product quality, delivery timeliness, and after-sales service. Feedback from domestic customers is summarized quarterly, while                                                   JSJ has always adhered to the core values of integrity management and prioritizing responsibility, strictly complying with the legal
surveys for foreign customers are conducted semi-annually. By formulating a survey mechanism, we ensure that the samples cover                                                          and regulatory frameworks such as the Advertising Law of the People's Republic of China and the Law of the People's Republic of
the core customer base and are representative. During the reporting period, the Company incorporated customer service quality and                                                       China on the Protection of Consumer Rights and Interests to ensure full-process compliance in marketing activities. To strengthen
satisfaction-related KPIs into the monthly performance assessment of sales personnel and set a target of customer satisfaction not                                                      internal governance efficiency, the Company has systematically established three core management systems: the External Publicity
lower than 98 points.                                                                                                                                                                   Materials Management System, the Public Opinion Crisis Handling and Response System, and the Market Research Information
                                                                                                                                                                                        Collection Management System. JSJ standardizes both online and offline communication channels, rigorously reviews promotional
We attach great importance to every piece of customer advice and, through the customer service organizational system, precisely
                                                                                                                                                                                        materials, and implements thorough management over key links such as market promotion and bidding to ensure transparent trans-
respond to customers' specific requirements regarding product technology and delivery services.
                                                                                                                                                                                        action conditions and traceable processes, eliminating exaggerated or misleading statements. The Company simultaneously im-
                                                                                                                                                                                        proves its internal audit and accountability system, adopting a "zero-tolerance" policy towards violations in marketing activities, and
  Case          Quality Forum and Customer Complaint Prevention Management Seminar                                                                                                      will seriously hold those accountable according to laws and regulations once violations are verified. In the future, JSJ will continue to
                                                                                                                                                                                        deepen responsible marketing to facilitate the synergistic advancement of commercial and social values.
       To systematically address the pain points in cross-departmental quality control, JSJ organized a Quality Forum and Customer Complaint
       Prevention Management Seminar on December 30, 2025. The event focused on in-depth reviews of customer complaint cases and the es-
                                                                                                                                                                                        Responsible Marketing Training
       tablishment of collaborative optimization mechanisms, driving the transformation of quality management from "remedial actions after the
       fact" to "proactive prevention beforehand."
       The seminar adopted a format of "case analysis + roundtable discussions." Led by the Quality Center and involving key departments such as
       the Supply Chain Center, Procurement Center, Marketing Center, and R&D Innovation Center, a comprehensive process tracing analysis was
       conducted around typical customer complaint cases.                                                                                                                               To continuously strengthen the compliance defense line of the marketing team, enhance professional service capabilities, and ef-
                                                                                                                                                                                        fectively prevent market risks, the Marketing Center planned and implemented a systematic compliance marketing themed training
       Through this cross-departmental special discussion, the participating teams successfully broke down information silos and collaboration
       barriers between departments. They conducted full-process tracing analyses on typical customer complaint issues and jointly formulated                                           program in 2025, covering all positions including the sales team, marketing department, customer service team, and assistant team.
       improvement plans, significantly enhancing cross-functional collaboration efficiency. Simultaneously, the direction for strategic upgrading                                      The training focused on the following two core modules:
       of quality management was established, shifting from a reactive "standardized handling" mode to a proactive "systematic prevention" sys-
       tem. Ultimately, three actionable plans were formulated, including establishing regular communication mechanisms, promoting standard
       optimization, and strengthening collaborative responsibilities at the sales end.
                                                                                                                                                                                                                           Through scenario-based disassembly and in-depth analysis of key market supervision regu-
                                                                                                                                                                                         In-depth Interpre-                lations such as the Advertising Law of the People's Republic of China, the Law of the People's
                                                                                                                                                                                          tation of Regula-                Republic of China on the Protection of Consumer Rights and Interests, and the Anti-Unfair
                                                                                                                                                                                         tions and Policies                Competition Law of the People’s Republic of China, the red lines and key points for compliant
                                                                                                                                                                                                                           operations are clarified.
                                                                                                                                                                                                                           Centered around internal systems such as the Power Grid Heavenly Rules Management System
                                                                                                                                                                                          Internal System                  and the Customer Information Management and Review System, the compliance responsibility
                                                                                                                                                                                           Promotion and                   lists and standardized operation paths for each position in marketing activities are systemati-
                                                                                                                                                                                          Implementation                   cally sorted out to ensure that all staff know and abide by regulations and proceed steadily.
                                                                                                                                                                                                                                                                                                           Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                             Smart Connectivity Drives,                                   Ecological Synergy Fuels, Shouldering                Empowering Employees, Gathering                              Co-existence and Mutual Benefit,                     Silicon Materials
        Building a New Vision of Growth                              Innovation Ushers in a New Era                                     the New Mission of the Times                       New Momentum for the Team                                 Building a Beautiful New Landscape                    Co.,Ltd.
         Accelerating R&D Iteration                                                                                                                                                                                               R&D Resource Investment
                                                                                                                                                                            In 2025, JSJ invested RMB 17,657,300 in R&D;
                                                                                                                                                                              R&D Talent            As of December 31, 2025, the Company had 53 R&D personnel, accounting for 13.77% of the total workforce;
Research and development (R&D) and innovation are the intrinsic driving forces behind a company’s sustainable development. Since
its inception, the Company has consistently prioritised independent R&D. In addition to established sectors such as toothpaste, the                                          R&D Training         During 2025, the R&D Center organized and conducted over 20 training activities, focusing on topics such as
Company is actively developing silica products for the food, pharmaceutical, high-end industrial, green and low-carbon high-perfor-                                                               regulatory updates on silica, techniques for writing high-quality patents, technical essentials of silica for tires,
mance tyre, and polishing fluid sectors. Through a four-pronged approach encompassing ‘R&D management – innovative products                                                 frontier market development trends, time management methods for R&D projects, and laboratory safety regulations, aiming to com-
– R&D strategy – IP protection’, the Company is consolidating its technological leadership within the silica industry. Currently, in                                        prehensively enhance the professional competence and integrated business capabilities of the R&D team;
response to the demands of global market development, the Company has established a variety of R&D models based on market de-
mand, its own strengths, and the advantages of joint development. For further details on these R&D models, please refer to the “Prin-                                        R&D Equipment               The Company has equipped its R&D laboratory with sufficient advanced analytical instruments and equip-
                                                                                                                                                                                                         ment, optimizing hardware facilities for research in various silica powder fields. The R&D laboratory in the
cipal Business Models” section of the Company’s 2025 Annual Report.
                                                                                                                                                                            intelligent factory (second plant) can accommodate 100 people for simultaneous experimentation;
                                                                                                                                                                             R&D Incentives              JSJ has formulated and implemented the Incentive Management System for the R&D Center, clarifying detailed
R&D Management                                                                                                                                                                                         rules for special incentive work and setting up nine awards, including project progress awards, new product
                                                                                                                                                                            market benefit awards, customer service awards, patent application awards, project application awards, high-quality product application
The Company ensures that core tasks such as R&D resource allocation, demand management, and new product development follow                                                  awards, scientific and technological progress awards, and process improvement awards, providing substantial cash rewards for personnel
established regulations by establishing a comprehensive R&D management system and formulating and iterating normative docu-                                                 achieving R&D results.
ments including the R&D Center Management System and the R&D Demand Management Process Manual.
                                                                                                                                                                             Industry-University-Research Cooperation                   The Company actively expands external cooperation channels and has
In 2025, the Company achieved remarkable results in the construction of its R&D system. We updated and released the Talent                                                                                                              established close industry-university-research cooperative relationships
Development and Evaluation Plan for the R&D Innovation Center, which establishes a clear promotion and development path-                                                    with renowned universities such as South China University of Technology. By integrating the advantageous resources of all par-
way for various talents within the center. Specifically, the plan elaborates on the qualification standards for researchers, application                                    ties, joint research on frontier technologies is conducted to achieve efficient transformation and application of scientific research
engineers, and analysis and testing personnel from level 2 to level 11. Furthermore, the Company has formulated a system map plan                                           achievements.
for the R&D Innovation Center. Based on the center's development strategy and actual business needs, 16 system documentation
plans have been systematically sorted out. Currently, some systems have completed their initial drafting, and multiple rounds                                                                                                        Key Honors in 2025
of internal departmental system review meetings have been organized. It is anticipated that all systems will be published and
implemented in 2026.
                                                                                                                                                                               National Level 
                                                                                                                                                                                                                                      Provincial Level                              Municipal Level  
                                                                                                                                                                               •  National "Little Giant" specialized in so-
                                               Responsibilities of the R&D Center                                                                                                 phistication (specialized, refined, peculiar,       •  High-tech Products of Guang-               •  Zhaoqing 100 Future Brand
                                                                                                                                                                                  and innovative)                                        dong Province                                 Plan
After years of development, the R&D Center of JSJ has established comprehensive functions:                                                                                     •  National Green Factory                              •  Green Factory of Guangdong                 •  High-value Patent Cultivation
                                                                                                                                                                               •  National Intellectual Property Demonstra-              Province                                      and Layout Center of Zhao-
                                                                                                                                                                                  tion Enterprise                                                                                      qing City in 2025
•  Collaborate with the Marketing Center to                                                   •  Initially interface with customers regarding                                  •  China Patent Excellence Award
   formulate product strategies and conduct                                                      product standards, verification of testing
   pre-research on future product trends;                                                        methods, and their internalization within
                                                                                                 the Company;
•  Be responsible for the Company's product
   R&D and the development of new prod-
   ucts;                                                                                      •  Provide technical support to customers                                     The R&D Center focuses on building a high-quality team. This year, a total of 10 new talents have been introduced, including one
                                                                                                 and resolve technical issues encountered                                   doctor and five masters. We attach great importance to the training and development of our employees and have established a reg-
•  Manage and improve technological pro-                                                         during product usage;
   cesses to reduce costs of mature products
                                                                                                                                                                            ular training mechanism, organizing themed training activities on a monthly basis. The training content is rich and diverse, closely
   and stabilize product quality;                                                                                                                                           centered around core areas such as actual work requirements, employees' personal growth plans, operation and maintenance of
                                                                                              •  Handle project applications, including                                     process equipment, and digital transformation, ensuring that the training is both targeted and forward-looking. Additionally, this year,
                                                                                                 applications for government-funded tech-
                                                                                                                                                                            the Company optimized the talent development and evaluation plan for R&D personnel and established exclusive career development
•  Collaborate with universities and inspec-                                                     nological development projects at various
                                                                                                                                                                            pathways for R&D personnel in research, application, and testing categories, effectively mobilizing the enthusiasm and creativity of
   tion institutions on product development                                                      levels and technological invention awards.
                                                                                                                                                                            R&D staff.
                                                                                                                                                                                                                                                                                                                                Jinsanjiang(Zhaoqing)
      Advancing Governance with Leadership,                                         Smart Connectivity Drives,                                         Ecological Synergy Fuels, Shouldering          Empowering Employees, Gathering                                    Co-existence and Mutual Benefit,                       Silicon Materials
         Building a New Vision of Growth                                          Innovation Ushers in a New Era                                           the New Mission of the Times                 New Momentum for the Team                                       Building a Beautiful New Landscape                      Co.,Ltd.
  Case            JSJ Selected for the Zhaoqing 100 Future Brand Plan                                                                                                                              Product Layout                                                   Technical Features (Partial)
                                                                                                                                                                                                                                    •  Anti-sensitive silica: This product seals the dentinal tubules, thereby alleviating tooth sensi-
                                                                                                                                                                                                                                       tivity;
        From March 20 to 22, 2025, the 2025 Brand Power Pioneer Project Carnival was
                                                                                                                                                                                                                                    •  Highly dispersible silica: An extremely low-viscosity, highly dispersible silica prepared using
        grandly opened in Zhaoqing. Leveraging its solid strength and brand accumula-
                                                                                                                                                                                                                                       a special process, suitable for rapid dispersion scenarios such as electric toothbrushes,
        tion in the field of functional silica, JSJ was selected for the Zhaoqing 100 Future                                                                                                       Toothpaste Field
        Brand Plan and became one of the first batch of enterprises to be awarded rele-
                                                                                                                                                                                                                                       delivering a refreshing mouthfeel.
        vant certificates, embarking on a new journey of brand development.
                                                                                                                                                                                                                                    •  Food field: Acts as an anti-caking agent, effectively improving the flowability of powdered
                                                                                                                                                                                                                                       foods such as milk powder, coffee, and seasonings, preventing moisture-induced caking and
                                                                                                                                                                                                                                       extending shelf life.
                                                                                                                                                                                                                                    •  Pharmaceutical field: Serves as a novel excipient for pharmaceutical preparations, signifi-
                                                                                                                                                                                                                                       cantly improving particle flowability, shortening tablet disintegration time, and enhancing
                                                                                                                                                                                               Food and Pharmaceutical
                                                                                                                                                                                                                                       drug dissolution rate. It is particularly suitable for hygroscopic materials such as traditional
                                                    JSJ Awarded the Title of “High-Value Patent Cultivation Center”                                    Case                                             Fields
                                                                                                                                                                                                                                       Chinese medicine extracts, with precise control over product bulk density and particle size
                                                                                                                                                                                                                                       distribution.
                                                                        On June 18, 2025, at the conference on "Credit + Finance" Boosting High-Quality
                                                                        Development of the Real Economy, JSJ was awarded the title of "Zhaoqing City                                                                                •  Silica products for PE battery separators: Primarily used as a filler, it is a porous insulating
                                                                        trustment contract. This marks the government's authoritative recognition of the                                                                               while allowing free charge flow. It serves as the backbone of the separator, accounting for
                                                                        Company's patent R&D capabilities and technological transformation level in the                                                                                approximately 60% of the separator's composition.
                                                                        field of silica materials. Leveraging the center's platform, JSJ will deepen patent
                                                                                                                                                                                                                                    •  Silica rubber reinforcing agent: Features high purity, strong yellowing resistance, and high
                                                                        layout around innovative application scenarios of silica and promote precise
                                                                                                                                                                                                                                       transparency. After adding silica to silica rubber, the tensile strength can be increased by 40-
                                                                        alignment between silica products and downstream industry demands.                                                     High-End Industrial Field
                                                                                                                                                                                                                                       tear resistance of rubber products, while also enhancing heat resistance and electrical prop-
                                                                                                                                                                                                                                       erties.
                                                                                                                                                                                                                                    •  Primarily used as a wear-resistant and reinforcing agent, it offers advantages such as reinforce-
R&D Layout                                                                                                                                                                                                                             ment, wet skid resistance, and reduced rolling resistance. Its function relies on its nano-scale
                                                                                                                                                                                                                                       particle structure and special surface properties, which not only improve grip and reduce rolling
                                                                                                                                                                                                                                       resistance but also enhance wear and aging resistance, as well as regulate tear and puncture
JSJ attaches great importance to R&D layout and continuously strives to create innovative products. The Company adopts a "du-                                                                    Green, Low-Carbon,
                                                                                                                                                                                                                                       resistance. It plays a central role in ensuring driving safety, energy conservation, emission reduc-
al-track parallel" R&D strategy.                                                                                                                                                                High-Performance Tire
                                                                                                                                                                                                                                       tion, and adaptation to complex working conditions. Green tires can significantly reduce rolling
                                                                                                                                                                                                        Field
                                                                                                                                                                                                                                       resistance and vehicle energy consumption by adding functional silica materials.
        Existing products                                    Delve deeper to discover new performances of existing products
                                                                  Enrich the product matrix, explore new business formats,                                                                                                          •  Silica Polishing Slurry is a core consumable specifically engineered for the Chemical Mechanical
       Emerging products                                            and benefit downstream customers and consumers                                                                                                                     Planarization (CMP) process. It is formulated using high-purity colloidal silica as the abrasive
                                                                                                                                                                                                                                       component and is produced via a specialized preparation technique. The underlying mecha-
                                                                Dual-track parallel R&D strategy
                                                                                                                                                                                                                                       nism relies on the synergistic coupling of chemical reaction and mechanical abrasion to achieve
                                                                                                                                                                                                                                       nanometer-scale planarization of material surfaces. Central to its performance is the dynamic
     During the Reporting Period                                                                                                                                                                                                       equilibrium between chemical softening and physical material removal. This balance enables the
                                                                                                                                                                                                 Polishing Fluid Field
        JSJ implemented several technological innovation initiatives centered around existing products. Some of these R&D                                                                                                              efficient elimination of surface topography irregularities while minimizing the risk of scratching
        achievements are nearing maturity and will soon be applied to new toothpaste products. Simultaneously, the Company                                                                                                             or subsurface damage. Consequently, silica polishing slurry constitutes an indispensable critical
        continues to focus on fields such as food, pharmaceuticals, high-end industry, green, low-carbon, high-performance tires,                                                                                                      material in the fabrication of consumer electronics (3C products), semiconductor devices, and
        and polishing fluids, accelerating its strategic layout in new technologies.                                                                                                                                                   precision optical components.
                                                                                                                                                                                                                                                                                                                      Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                               Smart Connectivity Drives,                                Ecological Synergy Fuels, Shouldering           Empowering Employees, Gathering                                           Co-existence and Mutual Benefit,                         Silicon Materials
        Building a New Vision of Growth                                Innovation Ushers in a New Era                                  the New Mission of the Times                  New Momentum for the Team                                              Building a Beautiful New Landscape                        Co.,Ltd.
Innovative Products                                                                                                                                                        Case           Battery “Black Technology” - Silica Assists in Battery Performance Upgrade
The Company continuously accelerates the commercialization of R&D achievements, with numerous core R&D results successfully filling
industry technological gaps and adding new momentum to market development. Several self-developed silica solutions dedicated to the                                           JSJ's silica for battery separators features fine-tunable particle size and dis-
oral and cosmetic fields have been successfully launched into the market, creating breakthrough opportunities for innovative industry de-                                     tribution, providing super mechanical strength and structural uniformity to the
                                                                                                                                                                              separator with its high reinforcing performance and good dispersibility, ensuring
velopment.
                                                                                                                                                                              battery stability under various working conditions. With its neutral pH, high pu-
In terms of technological innovation, the Company successfully prepared high-performance silica products using carbonization technology.                                      rity, low salt content, and ability to avoid side reactions (such as self-discharge)
This innovative achievement is significant, not only significantly improving product performance indicators, giving it a competitive edge in                                  caused by impurities and reduce plate corrosion, it acts as a battery "guardian,"
                                                                                                                                                                              providing solid protection for the safe operation of batteries.
the market, but also effectively reducing energy consumption and pollutant emissions during the production process, achieving a win-win
situation for economic and environmental benefits.
Meanwhile, the Company attaches great importance to resource recycling and actively carries out several recycling projects. For various
wastes generated during the production process, the Company recycles and reprocesses them through advanced technological means and
scientific management methods, transforming them back into reusable resources and achieving resource recycling and waste reduction.
During the reporting period, the Company actively conducted R&D work dedicated to developing products and services that reduce negative                                           White Carbon Black: Unlocking a New Key to Performance Upgrade for Liquid Silicone Rubber                                                  Case
environmental impacts, covering the following projects:
                                                                                                                                                                              In today's polymer materials field, liquid silicone rubber (LSR) has become a key material in high-end manufacturing fields such as medical
                                                                                                                                                                              devices, smart wearables, AR/VR, electronic packaging, and automotive parts due to its excellent flowability, rapid vulcanization, safety, and
     Project on "Research on Enhancing the Efficiency and Application Technology of Silica in Battery PE                                                                      environmental friendliness. Leveraging over two decades of technological accumulation in the field of functional silica, JSJ has developed
     Separators":                                                                                                                                                             a series of specialized white carbon black products for liquid silicone rubber, precisely meeting the stringent material performance require-
                                                                                                                                                                              ments of different application scenarios.
     During the project implementation, we focused on supplying high-performance raw materials to separator enterprises,                                                      This series of white carbon black is produced using advanced processes with strict quality control, exhibiting significant dispersibility
     thereby indirectly assisting in optimizing the performance of lead-acid batteries. Through a series of R&D practices, this                                               advantages. With narrow particle size distribution and regular particle morphology, it can quickly and uniformly disperse in liquid silicone
                                                                                                                                                                              rubber systems, effectively exerting reinforcing effects and providing solid support for enhancing the performance of liquid silicone rubber
     initiative has achieved remarkable results, increasing the cycle life of lead-acid batteries by more than 20%. Additionally,
                                                                                                                                                                              products.
     during the project advancement, the Company invested a total of over RMB 2 million in R&D expenses.
     Project on "Research on Small-Particle-Size Spherical Silica":
     In 2025, the Company invested over 3.5 million to initiate research on this project and successfully and independently devel-
     oped a green silica microsphere production technology using water glass and sulfuric acid as raw materials. This technology
     exhibits significant environmentally friendly characteristics, eliminating the need for highly hazardous organic solvents that do
     not produce waste gas or liquid during the production process. Silica microspheres can be obtained simply by precisely adjust-
     ing the reaction process. Compared to traditional production methods, this process is simpler, more efficient, and highly aligned
     with the current national strategic orientation of green development.
     Project on "Development and Application of High-Density Structural Loaded Silica":
     This project focuses on an innovative composite functional material in the field of materials science, featuring both "carrier
     structure functionality" and "loaded component synergy." Its research background stems from the urgent need to break through
     the performance bottlenecks of traditional silica materials and the strong demand for efficient, stable, and multifunctional
     materials across multiple fields. Taking silica for laundry powder as an example, its market demand is directly linked to
     the development of the phosphate-free detergent industry, with the project’s feasibility core logic resting on the dual support of
     “policy-driven substitution + product upgrade demand.” During the R&D process, we invested a total of nearly RMB 2 million.
                                                                                                                                                                                                                                                                                                                  Jinsanjiang(Zhaoqing)
      Advancing Governance with Leadership,                            Smart Connectivity Drives,                          Ecological Synergy Fuels, Shouldering               Empowering Employees, Gathering                                          Co-existence and Mutual Benefit,                          Silicon Materials
         Building a New Vision of Growth                             Innovation Ushers in a New Era                            the New Mission of the Times                      New Momentum for the Team                                             Building a Beautiful New Landscape                         Co.,Ltd.
Intellectual Property Protection                                                                                                                                                               JSJ Conducts High-Value Patent Mining Skills Training to Boost R&D Innovation                                             Case
JSJ has always strictly adhered to relevant laws and regulations such as the Patent Law of the People's Republic of China and the                                         On July 10, 2025, JSJ organized a special training session on "High-Value Patent Mining Skills" for its R&D center team, inviting experts in
Trademark Law of the People's Republic of China, formulating and implementing a series of special intellectual property protection                                        the field of intellectual property to provide on-site instruction and systematically enhance the professional capabilities of R&D personnel in
systems including the Confidentiality Management Procedure, Patent Management Policy, Trademark Management Policy, and R&D                                                patent layout, technology refinement, and declaration practices. The training focused on the core characteristics of high-value patents and
IP Control Procedure, as well as newly added procedures such as the Intellectual Property Compliance Obligation Control Procedure                                         conducted interactive Q&A sessions targeting common difficulties encountered by R&D personnel in their practical work. The on-site ex-
                                                                                                                                                                          changes were in-depth and efficient, significantly enhancing the team's practical understanding of intellectual property protection.
and the Intellectual Property Violation Disposal Control Procedure, further clearly defining multiple specific contents such as
trademark application processes and patent application processes. JSJ passed the audit for compliance with the GB/T29490-2013
Enterprise Intellectual Property Management Standards in 2024, valid until 2027. In 2025, the Company comprehensively updated its
intellectual property management system in accordance with the GB/T29490-2023 standard, covering the intellectual property
manual, 22 program documents, and 2 operation documents. Meanwhile, in accordance with the new standard requirements, the
Company added two program documents, namely the Intellectual Property Compliance Obligation Control Procedure and the
Intellectual Property Violation Disposal Control Procedure.
  During the Reporting Period
     The Company did not encounter any litigation cases involving intellectual property infringement. Additionally, the Company
     also conducted intellectual property training for employees, continuously enhancing their awareness of protecting intellec-
     tual property and safeguarding the Company’s legitimate rights and interests according to the law.
 As of the end of the reporting period
 The Company held a cumulative total of       135 valid patents,                                                                                                            Building Intelligent Production Lines
 the information of the invention patents is as follows:
    Chinese invention patents:108
    American invention patent:1                                                                                                                                    JSJ has actively responded to the national strategic call for digital upgrading and transformation, establishing a full-link automated
                                                                                                                                                                   production system. The Company has completed the integration of the SAP system, DCS system, MOM system, energy system, CRM
 Divided by application field:                                                                                                                                     system, and OA system, creating a "five-in-one" digital management platform that integrates business management, intelligent man-
                                                                                                                                                                   ufacturing, energy management, R&D management, and collaborative office functions. Currently, the Company has basically achieved
    Invention patents related to silica for toothpaste: 59                                                                                                         interconnection among production equipment, production processes, production orders, production plans, and material distribution,
    Invention patents for silica used in food, pharmaceuticals, and cosmetics:    22                                                                               effectively driving upgrades in product quality improvement, green manufacturing development, and production safety assurance,
                                                                                                                                                                   thereby enhancing the overall level of the Company's intelligent manufacturing.
    Invention patents for silica used in industry (such as batteries and silicone rubber):    25
    Invention patent for silica used in polishing fluids:  1
    Invention patents for manufacturing equipment and testing methods:       2
 With the continuous advancement of patent layout, the Company’s patent portfolio is constantly being optimized, and its intel-
                                                                                                                                                                   Intelligent Manufacturing Upgrade
 lectual property protection system is becoming increasingly robust and perfect.
                                                                                                                                                                   At this critical stage of manufacturing industry transformation and upgrading, intelligence and green development have become
                                                                                                                                                                   core elements for enterprises to enhance their core competitiveness. JSJ has constructed a highly integrated intelligent production
                                                                                                                                                                   line, achieving automated control and management throughout the entire process from raw material input to finished product output
                                                                                                                                                                   through the DCS distributed control system. Leveraging high-precision data acquisition and equipment linkage technology, a trace-
                                                                                                                                                                   able and optimizable digital production closed loop has been established.
                                                                                                                                                                                                                                                                                                                                                                                                              Jinsanjiang(Zhaoqing)
                                    Advancing Governance with Leadership,                                      Smart Connectivity Drives,                      Ecological Synergy Fuels, Shouldering                                                           Empowering Employees, Gathering                                                 Co-existence and Mutual Benefit,                               Silicon Materials
                                       Building a New Vision of Growth                                       Innovation Ushers in a New Era                        the New Mission of the Times                                                                  New Momentum for the Team                                                    Building a Beautiful New Landscape                              Co.,Ltd.
                                                                                                                                                                                                       Digital Transformation
                                             Continuous Online Raw Material Preparation
                                                                                                                                                                                                       The Company actively and openly embraces digital transformation, striving to achieve "all business digitized, all data business-ori-
                                             Online detection instruments have been installed in both the sulfuric acid/water glass preparation processes, en-
                                                                                                                                                                                                       ented," and making every effort to advance the digital transformation process. Focusing on this goal, the Company has concentrated
                                             abling continuous online preparation. Compared to traditional preparation methods, this significantly improves the
                                                                                                                                                                                                       its resources and efforts on three core initiatives: the legacy system optimization project, the intelligent platform construction project,
                                             accuracy and qualification rate of raw material preparation.
                                                                                                                                                                                                       and the digital talent development project.
                                                 Fully Automatic Filtration and Purification Matrix
                                                 Equipped with online conductivity detectors and other equipment, and employing variable-frequency washing
                                                                                                                                                                                                                              Traditional System Optimization Projects
                                                 and hot water washing methods, the salt content in products is precisely controlled. Compared to traditional                                                                                                                  SAP System                         DCS System                        Energy System                                 OA System
Applications of JSJ’s Intel-
                                                 processes, this significantly improves material washing efficiency and ensures material qualification rates.
                                                                                                                                                                                                                                                                         Strengthen financial manage-           Through deep system              Integrate the energy man-              Automate document processing,
                                                                                                                                                                                                                                                                         ment, supply chain manage-             integration, facilitate          agement system with the               daily scheduling, and email manage-
                                                     Intelligent Reaction Control Center
      ligent System
                                                                                                                                                                                                                                                                         ment, production scheduling,           seamless product han-            SAP and DCS systems to                ment, comprehensively improving
                                                     Equipped with various automatic detection devices such as electromagnetic flowmeters, level gauges, online                                                                                                          and other modular functions.           dover from design to             achieve real-time monitor-            work efficiency. Facilitate internal
                                                     pH meters, and temperature sensors to precisely control various important parameters of reactions. Com-                                                                                                             Through system integration,            manufacturing, reduce            ing and analysis of energy            information sharing and transmis-
                                                     pared to manual control methods, this significantly improves the uniformity of material reactions and the effi-                                                                                                     achieve efficient cross-depart-        trial-and-error costs,           consumption. Adjust and               sion within the enterprise, promote
                                                     ciency of reaction processes.                                                                                                                                                                                       mental collaboration, promote          lower raw material               optimize the production               efficient cross-departmental and
                                                                                                                                                                                                                                                                         information and logistics/cap-         waste, enhance pro-              process based on analysis             cross-regional collaboration, and
                                                 Flexible Packaging Collaboration System                                                                                                                                                                                 ital flow, enhance operational         cess reliability, improve        results to achieve energy             enhance team collaboration capabili
                                                 An automatic packaging system is set up, equipped with metal detectors, re-weighing machines, online coders,                                                                                                            transparency and efficiency,           efficiency, and acceler-         savings and reduce con-               t procedures to help the enterprise
                                                 film wrapping machines, and other equipment, reducing the risk of metal foreign objects while achieving efficient                                                                                                       and further ensure compliance          ate R&D progress.                sumption, thereby improving           establish a scientific and orderly
                                                 weighing, packaging, re-inspection, and film wrapping for storage. Compared to traditional methods, this sig-                                                                                                           management.                                                             energy utilization efficiency.        management system.
                                                 nificantly improves packaging efficiency, reduces the risk of package breakage, and makes product appearance
                                                 more regular and aesthetically pleasing.
                                             Intelligent Water Circulation Ecosystem
                                                                                                                                                                                                                                                                                                 Digital Factory                                                     Customer Relationship
                                                                                                                                                                                                       Three Core Projects
                                             A fully intelligent controlled water softening treatment system equipped with ion exchangers, sand filtration towers,
                                                                                                                                                                                                                                                                                                 System (MOM)                                                      Management System (CRM)
                                             online pH meters, online ultraviolet disinfection instruments, and other equipment is adopted to efficiently remove
                                                                                                                                                                                                                             Construction Projects
                                                                                                                                                                                                                              Intelligent Platform
                                             impurities such as calcium and magnesium ions from industrial water. Compared to traditional methods, this better                                                                                                              This system covers multiple functional modules of factory              This system supports multiple customer-end functional modules such
                                             ensures product microbial and performance indicators.                                                                                                                                                                          operations such as production planning, scheduling, material           as customer information management, business opportunity manage-
                                                                                                                                                                                                                                                                            management, process management, quality management,                    ment, sales forecasting, order execution, and after-sales service, running
                                                                                                                                                                                                                                                                            equipment management, energy management, and digital                   through the entire lifecycle management of customer relationships with
                                                                                                                                                                                                                                                                            performance, achieving digital manufacturing. It drives                a digital system. Centered on customers, it accurately subdivides cus-
                                                                                                                                                                                                                                                                            operational management with data, realizing full-process               tomers and draws portraits, inspiring the Company to carry out targeted
                                                                                                                                                                                                                                                                            digitization of production, ensuring production progress               marketing, accelerate the sales process, and ensure customers receive
                                Case           Manufacturing Industry Digital “Chain-style Transformation” Exchange                                                                                                                                                         transparency, inventory transparency, quality controllability,         high-quality service experiences. The system supports data analysis to
                                               Conference - JSJ’s Intelligent Production Line Attracts Attention                                                                                                                                                            and equipment capacity authenticity, optimizing production             help the Company gain insights into market trends and formulate rea-
                                                                                                                                                                                                                                                                            scheduling, and promoting lean production.                             sonable business strategies.
                                      On June 26, 2025, the Zhaoqing Manufacturing Industry Digital "Chain-style
                                      Transformation" Exchange Conference was held in the Zhaoqing High-tech
                                      Zone. As a benchmark enterprise in digital transformation, JSJ showcased its
                                      intelligent production line on-site to members of the Municipal Party Standing
                                                                                                                                                                                                                             Digital Talent Cultivation
                                      Committee, municipal government leaders, and heads of industry and infor-                                                                                                                                                                                   The Company continuously increases its investment in attracting digital talents. Through public recruitment,
                                      mation technology departments from various districts and counties during the                                                                                                                                                           IT Personnel         school-enterprise cooperation, and other methods, it introduces IT talents with professional knowledge and practical
                                      conference.                                                                                                                                                                                                                              Increase           experience, comprehensively enhancing the Company's technical strength and innovative capabilities, and providing
                                                                                                                                                                                                                                      Projects
                                                                                                                                                                                                                                                                                                  a solid talent foundation for digital transformation.
                                      The Company's intelligent production line is designed according to informa-
                                      tization, intelligence, digitalization, and greening standards, adopting the DCS                                                                                                                                                                            For internal employees of the Company, regular training on the operation of various digital tools and platforms is car-
                                      distributed control system to achieve full-process intelligent control and man-
                                                                                                                                                                                                                                                                            Digital Appli-        ried out to help employees master skills such as data analysis and intelligent system operation, enhance their digital
                                      agement. Through high-precision instruments for real-time data acquisition and
                                                                                                                                                                                                                                                                           cation Training        thinking and application capabilities, and promote the in-depth implementation and practice of digital technology in
                                      linking the operation of high-performance equipment, an efficient, stable, and                                                                                                                                                                              daily operation and management.
                                      traceable digital production system has been constructed.
                                                                                                                                                                                                                                                                                                                               Three Core Projects
                                                                                                                                                                                                                                                                                                Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                               Smart Connectivity Drives,                         Ecological Synergy Fuels, Shouldering               Empowering Employees, Gathering                               Co-existence and Mutual Benefit,                  Silicon Materials
        Building a New Vision of Growth                                Innovation Ushers in a New Era                           the New Mission of the Times                      New Momentum for the Team                                  Building a Beautiful New Landscape                 Co.,Ltd.
                                                                                                                                                                             Adhering to Craftsmanship Quality
Among them, the establishment of the MOM system serves as a cornerstone project in the Company's intelligent platform construc-
tion endeavors. Leveraging the Lean Manufacturing and Operations Management (LOM) system as its foundation, the MOM system
enables the Company to oversee and control 11 functional modules, including those for process, production, quality, equipment,
warehousing, logistics, energy, and personnel. This integration forms a unified intelligent manufacturing platform characterized by
features such as "transparent production, controllable quality, traceable materials, observable processes, reliable equipment, and
manageable inventory."                                                                                                                                              As a research-oriented, customized, and growth-oriented high-tech enterprise, the Company has always adhered to the quality policy
                                                                                                                                                                    of "prioritizing quality, promoting technological innovation, implementing scientific management, and exceeding customer expecta-
                                                                                                                                                                    tions." It has established a rigorous full-chain quality control system, building core competitive barriers with its robust quality capa-
                                                                                                                                                                    bilities. In terms of system construction, the Company firmly operates under the ISO 22000:2018 food safety management system
                                                                                                                                                                    and ISO 9001:2015 quality management system. In 2025, it actively advanced the certification process for the IATF 16949:2016 auto-
                                                                                                                                                                    motive industry quality management system, continuously constructing a more professional and targeted quality control model.
                                                                                                                                                                    Quality Management System
                                                                                                                                                                    JSJ strictly complies with laws and regulations such as the Product Quality Law of the People's Republic of China and the Food Safe-
                                                                                                                                                                    ty Law of the People's Republic of China. The Company attaches great importance to product safety and quality and is committed to
                                                                                                                                                                    providing customers with healthy and safe products.
                                                                                                                                                                                                 JSJ adheres to the quality policy of "prioritizing quality, promoting technological innovation, imple-
Currently, the Company has largely completed the migration of core business data to the cloud, achieving inter-departmental data in-                                  Quality Policy
                                                                                                                                                                                                 menting scientific management, and exceeding customer expectations."
terconnection and interoperability. Guided by the ESG (Environmental, Social, and Governance) concept, the Company is exploring the
integration of environmental, social, and governance performance indicators into its project evaluation system to ensure that digital
investments align with sustainable development goals.
                                                                                                                                                                                                 Quality Representative Management System: Clarifies quality management responsibilities and es-
                                                                                                                                                                                                 tablishes dedicated quality management positions in areas such as production, R&D, warehousing,
                                                                                                                                                                                                 and sales to ensure product safety and stability.
                                                                                                                                                                                                 Design and Development Control Procedure: Stipulates the process for the design and development
                                                                                                                                                                                                 of new products, integrating quality control into all aspects from product planning, review, verifica-
                                                                            Green
                                                           Efficient                                                                                                                             tion, confirmation, output, and mass production transformation to ensure new products meet cus-
                                                                         Manufacturing
                                                          Operations                                                                                                                             tomer requirements and maintain stable quality.
                                                                                                                                                                                                 Hazard Control (CCP and OPRP) Plan: Formulates a hazard control plan for the production process of
                                              Resource
                                                                                            Product Quality                                                                                      silica/food additive products, identifying and controlling potential hazards during production to en-
                                             Management                                                                                                                Partial Qual-
                                                                                                                                                                                                 sure product safety and hygiene.
                                                                                                                                                                       ity Systems
                                                                                                                                                                          (2025)                 Change Control Procedure: Establishes a change control system to evaluate, review, approve, and
                                                                                                                                                                                                 implement changes affecting product quality, ensuring continuous stability of product quality after
                                                               ESG Benefits                                                                                                                      changes and facilitating product quality traceability.
                                  Customer                                                              Management
                                    Value                                                               Compliance                                                                               Sample Management Regulation: Standardizes the operating procedures for internal sample deliv-
                                                                                                                                                                                                 ery to customers, sample submission to third-party authoritative institutions for testing, R&D small-
                                                                                                                                                                                                 batch samples, and external sample inspection to ensure effective sample management.
                                                                                                                                                                                                 Pilot Production and Mass Production Transformation Management System: Regulates the entire
                                                                                              Innovation Imple-                                                                                  process of large-scale pilot production for new product R&D, including pilot production and mass
                                             Production
                                                                                                 mentation                                                                                       production stages, to ensure effective control and smooth progress during the new product pilot pro-
                                               Safety
                                                                                                                                                                                                 duction stage and the transition to mass production.
                                                                                                                                                                                                                                                                                                                 Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                                        Smart Connectivity Drives,                                      Ecological Synergy Fuels, Shouldering           Empowering Employees, Gathering                              Co-existence and Mutual Benefit,                  Silicon Materials
        Building a New Vision of Growth                                         Innovation Ushers in a New Era                                        the New Mission of the Times                  New Momentum for the Team                                 Building a Beautiful New Landscape                 Co.,Ltd.
  Case          IATF 16949 Quality Management System Certification Project Officially Launched                                                                                                               During the product R&D stage, the Company strictly follows established procedures and advances work
                                                                                                                                                                                                             in an orderly manner based on product design plans jointly confirmed with customers. This specifically
       To systematically enhance the quality management system and promote silica products for tires into the automotive industry chain and in-                                            Product           covers key links such as new product project initiation, product sampling, pilot production, pilot production
       ternational market, JSJ officially launched the IATF 16949 quality management system certification project in July 2025. As a globally recog-                                       Design            stability confirmation, and product process standardization. To ensure the quality stability of mass-pro-
       nized quality management benchmark in the automotive industry, this standard focuses on process control, risk prevention, and continuous                                                              duced products, the Company implements a strict quality approval mechanism in all the aforementioned
       improvement, serving as a key threshold for enterprises to enter mainstream supply chains and achieve international development.                                                                      links to control product quality from the source.
       After the project launch, the Company swiftly formed a cross-departmental special team and invited industry experts in early August to con-
       duct specialized training on the IATF 16949 standard, with core business departments deeply involved. This deepened the understanding of
       refined quality management specifications across departments and established a virtuous cycle of "standard learning - process optimiza-                                                               The Company attaches great importance to raw material quality and has further improved raw material
       tion - efficiency improvement." JSJ will continue to enhance product quality stability and systematic management capabilities, laying a solid                                      Raw Mate-          quality standards. Each batch of raw materials must undergo comprehensive physical, chemical, and mi-
       quality foundation for becoming a trustworthy international supplier in the high-end materials field.
                                                                                                                                                                                          rial Ware-         crobiological testing before warehousing. Only raw materials with qualified test results that meet produc-
                                                                                                                                                                                           housing           tion requirements can proceed with warehousing procedures, providing high-quality basic materials for
                                                                                                                                                                                                             subsequent production.
                                                                                                                                                                                                             To ensure semi-finished product quality, the Company has established scientific and complete semi-fin-
                                                                                                                                                                                                             ished product inspection standards. Multi-dimensional testing is conducted on semi-finished products,
                                                                                                                                                                                           Semi-fin-
                                                                                                                                                                                                             including physical and chemical indicators (such as appearance, pH, moisture, salt content, etc.) as well as
                                                                                                                                                                                             ished
                                                                                                                                                                                                             microbiological indicators. At the same time, the Company actively introduces advanced online inspection
                                                                                                                                                                                            Product
                                                                                                                                                                                                             systems to achieve real-time monitoring of semi-finished product quality. Through this system, quality
                                                                                                                                                                                          Inspection
                                                                                                                                                                                                             problems occurring during the production process can be promptly discovered, and rectification measures
                                                                                                                                                                                                             can be swiftly taken to ensure semi-finished product quality remains controllable.
                                                                                                                                                                                                             The Company has formulated strict finished product inspection standards and conducts release testing
                                                                                                                                                                                                             and microbiological testing on each batch of products. Before finished products leave the warehouse,
                                                                                                                                                                                           Finished
                                                                                                                                                                                                             comprehensive quality inspections are carried out, covering multiple aspects such as sensory, physical
                                                                                                                                                                                            Product
                                                                                                                                                                                                             and chemical properties, microbiology, weight, size, packaging, and functionality. Through all-round test-
                                                                                                                                                                                          Inspection
Quality Lifecycle Management                                                                                                                                                                                 ing, it is ensured that the final products fully meet customer market demands, providing customers with
                                                                                                                                                                                                             high-quality and reliable products.
Full Lifecycle Management                                                                                                                                                                                    To ensure product quality remains unaffected during transportation, the Company adopts a series of effec-
                                                                                                                                                                                                             tive measures based on the actual situation of product logistics and transportation, referring to the Logis-
                                                                                                                                                                                           Trans-
                                                                                                                                                                                                             tics Management System. It comprehensively ensures that carriers possess legal transportation qualifica-
JSJ implements strict quality control over products and carries out full-process lifecycle management from raw material warehous-                                                         portation
                                                                                                                                                                                                             tions and requires transportation vehicles to meet food-grade requirements, achieving specified standards
ing to finished product delivery to ensure every product meets quality requirements. In 2025, the business areas covered by the                                                           Guarantee  
                                                                                                                                                                                                             in terms of sealing and microbiological indicators to provide solid guarantees for product transportation
Company's ISO9001 quality management system certification achieved 100% coverage.                                                                                                                            safety.
The Company actively introduces the product full lifecycle management concept and deeply integrates the R&D management system
into the entire product lifecycle, covering every stage from product design, development, and production to sales and service. Cen-
                                                                                                                                                                                                             The Company has established a complete customer complaint handling and product recall management
tered on this concept, the Company has constructed a comprehensive and meticulous management process and system to ensure
                                                                                                                                                                                                             process. If product quality issues necessitate a recall, the Company will take targeted handling measures
precise and effective control and management of all links in the product full lifecycle. In 2025, the Company has basically completed
                                                                                                                                                                                          After-sales        for recalled products based on the specific reasons for the recall. These measures include recalling un-
the deployment of the product full lifecycle management system. The successful implementation of this system has achieved re-
                                                                                                                                                                                          Guarantee          qualified products, formulating detailed rectification plans, reasonably reducing product prices, and com-
al-time sharing of R&D data and cross-departmental collaboration, effectively breaking down information barriers, significantly im-                                                                          pensating customers for losses to effectively safeguard customer rights and enhance customer satisfac-
proving R&D efficiency, and providing strong guarantees for the steady improvement of product quality.                                                                                                       tion.
                                                                                                                                                                                                                                                                                                                            Jinsanjiang(Zhaoqing)
      Advancing Governance with Leadership,                                 Smart Connectivity Drives,                                     Ecological Synergy Fuels, Shouldering               Empowering Employees, Gathering                                            Co-existence and Mutual Benefit,                  Silicon Materials
         Building a New Vision of Growth                                  Innovation Ushers in a New Era                                       the New Mission of the Times                      New Momentum for the Team                                               Building a Beautiful New Landscape                 Co.,Ltd.
     Optimization Plan for Foreign Matter Control at JSJ in 2025                                                                                                                     Case            JSJ's Quality Culture Day and Inaugural Quality Forum Successfully Held
     To ensure product purity and efficient production, the entire-process control of foreign matter has been upgraded:
     real-time monitoring and automatic rejection of external impurities.                                                                                                                 On September 1, 2025, JSJ, with "quality" at its core, hosted the Quality Culture Day and
                                                                                                                                                                                          the Inaugural Quality Forum, integrating the pursuit of quality in the field of functional silica
     risks at the source.                                                                                                                                                                 manufacturing into diverse activities and promoting the implementation of quality culture
                                                                                                                                                                                          while enhancing the atmosphere of team collaboration. The event commenced with all
                                                                                                                                                                                          employees reciting corporate values, fostering closeness through relaxed interactions, and
     changeover—have been refined to prevent cross-batch contamination.
                                                                                                                                                                                          providing new ideas for team collaboration and quality control through distinctive sessions.
                                                                                                                                                                                          Through this event, the Company embedded quality culture into the team's DNA, accumu-
     dynamically update preventive measures, thereby ensuring both production safety and operational efficiency.
                                                                                                                                                                                          lating strength to drive high-quality development in the field of functional silica.
Quality Management Culture
To enhance employees' awareness and capabilities in quality management, JSJ continuously strengthens the cultivation of quality
culture and proactively carries out various quality culture activities, striving to create a working atmosphere of "zero tolerance" to-
wards quality issues. Meanwhile, the Company has formulated an annual quality training plan to provide employees with quality con-
trol-related training as scheduled.                                                                                                                                                           Safeguarding Production Safety
                                     •  The Company regularly conducts production process training to ensure that employees master the
                                        entire process from raw material procurement and production processing to finished product in-                                             Workplace safety serves as the fundamental underpinning for the implementation of corporate strategy and the core prerequisite
 Production Process                     spection. Through training, employees gain an in-depth understanding of the key control points at                                          for upholding the "people-first" development philosophy and achieving long-term sustainable development. Grounded in the overall
      Training                          each stage to ensure stable product quality.                                                                                               situation of its globalized and diversified high-quality development strategy, JSJ has elevated workplace safety management to the
                                                                                                                                                                                   pinnacle of its corporate strategic agenda. It has deeply integrated this with its environmental management strategy, creating a syn-
                                     •  The Company emphasizes training on the application of quality tools, including the seven QC tech-                                          ergistic empowerment. By adhering to the bottom line of safe development, JSJ has established a modern workplace safety man-
                                        niques, basic knowledge and control methods of microbiology, GMP management, and Hazard                                                    agement framework characterized by "strategic guidance, systemic support, whole-process control, and all-staff participation." The
                                        Analysis and Critical Control Points (HACCP). The aforementioned training effectively assists em-                                          Company comprehensively implements workplace safety responsibilities, refines its management system, strengthens risk preven-
    Quality Tool                        ployees in utilizing scientific tools to analyze, diagnose, and improve quality issues, enhancing the                                      tion and control, and drives the upgrade of workplace safety management towards standardization, normalization, and refinement.
 Application Training                   efficiency and precision of quality management.                                                                                            This effectively safeguards the life and health of employees and the stability of corporate production and operations, demonstrating
                                                                                                                                                                                   JSJ's strategic commitment to long-term development.
                                                                                                                                                                                   JSJ strictly adheres to the requirements of laws and regulations such as the Work Safety Law of the People's Republic of China, the
     Quality Incentives and Recognition                              Quality Awareness Enhancement                                                                                 Law of the People's Republic of China on Prevention and Control of Occupational Diseases, and the Fire Protection Law of the Peo-
                                                                                                                                                                                   ple's Republic of China, establishing a systematic workplace safety management system. We have established a high-level Work
     •  The Company has established the "Special                     •  The Company values the construction of employees' quality awareness,                                       Safety Committee, clarifying safety objectives and principles, and during the reporting period, upgraded the management structure,
        Incentive Management System for the Quality                    including promoting quality policies at pre-shift meetings, reporting and                                   increased personnel allocation, and strengthened safe operations. By improving institutional guarantees, the Company has succes-
        Department" and carries out annual Quality Star                rewarding daily quality incidents, etc. Through these activities, employ-
                                                                                                                                                                                   sively formulated a series of specialized management systems, including the Accident and Incident Management System, the Labor
        selection activities to motivate all employees to              ees can maintain a high degree of attention to quality at all times and
                                                                                                                                                                                   Protection Equipment Management System, the Safety Incentive Management System, the Safety Risk Assessment Management
        actively participate in quality construction and               strengthen the work philosophy of "quality first."
                                                                                                                                                                                   System, and the Hazardous Chemicals Management Regulations, forming a standardized system covering the entire business chain.
        solidify the foundation of corporate quality.                •  In 2025, the Company organized the "Safety, Quality, and Continuous
                                                                                                                                                                                   To further enhance safety management levels and accurately identify and control potential hazard sources during operations, the
     •  The Company grants honors and rewards to                       Improvement Knowledge Contest," attracting numerous employees to
                                                                                                                                                                                   Company newly added the Hazard Source Identification and Evaluation Control Procedure in 2025, providing more scientific and me-
        selected quality management model employees                    actively participate. Through the form of a contest, employees learn
        to enhance the enthusiasm of all employees for                 quality knowledge in a relaxed and pleasant atmosphere, further en-                                         ticulous guidance for on-site safety management.
        quality management.                                            hancing their quality awareness.                                                                            For more detailed information on JSJ's workplace safety policies and philosophies, please refer to the "Social Responsibility" section
                                                                                                                                                                                   of the Company's 2025 Annual Report.
                                                                                                                                                                                                                                                                                                      Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                              Smart Connectivity Drives,                            Ecological Synergy Fuels, Shouldering               Empowering Employees, Gathering                               Co-existence and Mutual Benefit,                      Silicon Materials
        Building a New Vision of Growth                               Innovation Ushers in a New Era                              the New Mission of the Times                      New Momentum for the Team                                  Building a Beautiful New Landscape                     Co.,Ltd.
Work Safety Management                                                                                                                                                Safety Inspection and Management 
JSJ has always adhered to the production philosophy of "joint action, shared safety." In terms of work safety management, JSJ has                                         During the Reporting Period
established a Work Safety Committee, whose presidium comprises the Chairman, Deputy General Manager, and Factory Director, re-
sponsible for coordinating the Company's safety management work, formulating work safety policies and objectives, and supervising                                            The Company established an EHS (Environment, Health, and Safety) coordination and management platform
their implementation. Below the presidium of the Work Safety Committee, there is a committee office specifically responsible for su-                                         as an important tool for enhancing the Company's environment, health, and safety management level. The
pervising and implementing work safety management.                                                                                                                           platform integrates multiple functions such as real-time training, hazard investigation, risk control, special op-
                                                                                                                                                                             eration management, and file management, not only helping the enterprise establish a sound EHS management
                                                                                                                                                                             system to prevent and reduce accidents
     Safety Objectives                                                                                                                                                       but also improving the Company's overall
     •  Zero accidents                                                                                                                                                       operational efficiency and competitiveness.
     •  Safety as the core                                                                                                                                                   Additionally, we have provided supporting
                                                                                                                                                                             inspection record tools, such as various in-
                                                                                                                                                                             spection forms, violation records, and cor-
                                                                                                                                                                             rection record forms, forming a complete
                                                                                                                                                                             closed-loop management to ensure that
     Safety Principles                                                                                                                                                       identified problems are promptly rectified
     •  Everyone is responsible for their own safety: Management is responsible for providing a safe and healthy workplace.                                                  and reported, safeguarding the effective
     •  Training for all employees, contractors, and visitors is crucial for workplace safety.                                                                               implementation of safety inspection work
     •  Working safely and in accordance with our rules and procedures is an important part of working at JSJ.                                                               and building a solid defense line for the en-
     •  Identifying hazards and assessing and controlling risks are key components of our safety culture.                                                                    terprise's work safety.                                      The figure shows the EHS enterprise management background
     •  All employees and contractors will not turn a blind eye to "unsafe acts" and "unsafe conditions"; we will always correct                                                                                                                                system interface.
        them before leaving.
     •  As a learning organization, we will seize every opportunity to ensure continuous improvement in our safety performance
        and behavior.
                                                                                                                                                                      Hazard Investigation
                                                                                                                                                                      Within the overall framework of enterprise work safety management, management has deeply incorporated hazard investigation into
     Safe Operations                                                                                                                                                  its scope of business, further strengthening the intensity and breadth of hazard investigation and treatment to ensure the timely de-
                                                                                                                                                                      tection and effective treatment of potential safety hazards. JSJ has clearly set a target: the resolution rate of potential safety hazards
     •  ?The organizational structure level of the Safety and Environmental Protection Management Department has been up-
                                                                                                                                                                      must reach or exceed 80%. To achieve this goal, the enterprise fully leverages the advantages of the EHS platform to optimize man-
        graded from a secondary department to a primary department under the direct management of the General Manager's
                                                                                                                                                                      agement processes and innovate management mechanisms, comprehensively improving the efficiency and effectiveness of poten-
        Office, responsible for the Company's overall safety management.
                                                                                                                                                                      tial safety hazard management.
     •  ?Manpower investment in safety management has been increased, with the number of safety management personnel
                                                                                                                                                                      JSJ actively encourages employees to investigate and report hazards using the Safety Incentive Management System and rewards
        rising from 2 to 5, enhancing their work efficiency and influence.
                                                                                                                                                                      outstanding employees accordingly. In terms of reward modes, we have shifted from focusing on rewarding hazard reporters to
     •  ?To effectively promote safety management implementation, a safety coordinator team has been established, with one                                            strengthening the self-improvement mechanism, fully mobilizing the enthusiasm of all employees to participate in self-improvement.
        part-time safety coordinator assigned to each center/department to serve as a link and convey safety policies to every
                                                                                                                                                                      Additionally, the Safety and Environmental Protection Department utilizes opportunities and channels such as department morning
        employee.
                                                                                                                                                                      meetings and hazard investigation review announcements to strengthen prevention and supervision, conducting special follow-up
     •  ?To ensure the safe use of tools and equipment, the Company has provided additional European-standard scaffolding                                             work for difficult hazards to ensure the orderly and effective completion of rectification work.
        for the Maintenance Department, mobile platforms for the Production Department, installed safety canopies on forklifts
                                                                                                                                                                      Regarding the hazard reporting mechanism, we have innovatively introduced a casual photography reporting mode, simplifying the
        in the Supply Chain Center, upgraded to new gas detectors, and added fall protection facilities.
                                                                                                                                                                      process to save time. In 2025, the hazard reporting work achieved remarkable results, with a total of 1,108 hazards reported, of which
     •  The Company has strengthened the management of labor protection equipment, established a minimum labor protec-
        tion equipment wearing matrix for different positions, and further improved the comfort of labor protection equipment
        while ensuring its safety level.
                                                                                                                                                                                                                                                                                                                            Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                                        Smart Connectivity Drives,                                         Ecological Synergy Fuels, Shouldering               Empowering Employees, Gathering                                Co-existence and Mutual Benefit,                    Silicon Materials
        Building a New Vision of Growth                                         Innovation Ushers in a New Era                                           the New Mission of the Times                      New Momentum for the Team                                   Building a Beautiful New Landscape                   Co.,Ltd.
                                                                                                                                                                                              Chemical Collection and Use            The Company strictly implements the "Five Dual" (dual custody, dual-lock management, dual ac-
  Case             Focusing on Key Links and Comprehensively Investigating Hidden Dangers - JSJ Launches Special Production Safety Inspection
                                                                                                                                                                                                                                     count recording, dual delivery, and dual collection) system for the collection of hazardous chem-
                                                                                                                                                                                             icals to ensure compliance in all operations. The Quality Center monitors the entire process of chemical reagent use in accordance
        To ensure safe and orderly production operations, in May 2025, JSJ organized and conducted a comprehensive and in-depth special safety
                                                                                                                                                                                             with the Chemical Reagent Management Operation Instructions to reduce potential risks during use. 
        inspection campaign, covering key links such as production equipment, electrical circuits, fire-fighting facilities, chemical storage, and work
        environments, to systematically investigate potential risks. The inspection also focused on the closed-loop rectification of historical issues,
        verified the compliance of work processes, and assessed the operability of emergency plans to ensure the effective implementation of safety
        management.
        For the issues identified, the responsible departments immediately formulated rectification plans, specifying rectification timelines and
        persons in charge, and implemented closed-loop management to ensure the timely elimination of hidden dangers. This special campaign                                                  Supplier Safety Managemen
        strengthened the safety responsibility awareness of various departments and further consolidated the foundation of on-site management. 
                                                                                                                                                                                             The Company has formulated template documents such as the Engineering Safety Construction Management Agreement, Work
                                                                                                                                                                                             Safety Management Agreement, Contractor Safety Responsibility Commitment (for hazardous chemicals such as concentrated
                                                                                                                                                                                             sulfuric acid), and External Personnel Operation Safety Commitment (signed by personnel entering the production area). Engineer-
                                                                                                                                                                                             ing suppliers and sulfuric acid suppliers are required to sign the aforementioned documents before entering the JSJ plant area to
                                                                                                                                                                                             strengthen the standardization requirements for supplier occupational safety work. In 2025, no occupational safety accidents oc-
                                                                                                                                                                                             curred among suppliers or employees within the Company's operational scope.
                                                                                                                                                                                             Strengthening Security Management
                                                                                                                                                                                             In the face of an increasingly complex security situation, the importance of security management has become increasingly promi-
                                                                                                                                                                                             nent. To effectively improve the quality and efficiency of security work, effectively respond to various security challenges, and ensure
                                                                                                                                                                                             the safety of personnel and property, the Company closely follows the development trend of security work and promotes the multi-di-
                                                                                                                                                                                             mensional transformation and upgrading of the security team.
Hazardous Chemical Management                                                                                                                                                                  Technical Level                                                                                                   Personnel Level
                                                                                                                                                                                               Accelerate the transition from "single-point intelligence" to           Strengthen training to promote the transformation of secu-
The Company strictly follows relevant regulations such as the Regulations                                                                                                                      "global collaborative intelligence," achieve intelligent elec-          rity personnel from "physical laborers" to "composite safety
on the Safety Administration of Hazardous Chemicals and has formulated                                                                                                                         tronic management, and improve security response speed                  consultants," enhancing their ability to respond to diverse
and implemented the Hazardous Chemicals Management Regulations, the                                                                                                                            and accuracy. Monitoring coverage, equipment online rate,               safety issues such as fire protection and hazardous chemi-
Chemical Experiment Purchasing and Management Regulations, and the                                                                                                                             and video retention rate are all maintained at 100%.                    cal disposal.
Chemical Reagent Management Operation Instructions to standardize the
entire process of chemical purchasing, storage, collection, and use, reducing
the risk of accidents. Meanwhile, the Company has established a manage-
                                                                                                                                                                                               Ecological Level                                                                                              Management Level
ment mechanism in line with EU REACH regulations to identify and assess
chemical safety and environmental risks, gradually phasing out high-risk                                                                                                                       Actively build a multi-party collaborative security ecosys-             Improve the full-cycle risk management mechanism and refine
chemicals to ensure product safety.                                                                                                                                                            tem, collaborating with various forces to investigate hidden            the construction of systems such as visitor registration, vehicle
                                                                                                                                                                                               dangers and strengthen patrols. The timely evidence collec-             access, monitoring viewing, and security duty to ensure rele-
                                                                                                                    EU REACH Certification                                                     tion rate for incidents is 100%.                                        vant data security and privacy while preventing risks.
 Chemical Purchasing             Before purchasing hazardous chemicals, the Company must report to regulatory authorities in accor-
                                 dance with regulations and can only proceed with purchasing after obtaining approval. For chemicals
                                                                                                                                                                                             In 2025, relying on existing face recognition access systems, vehicle recognition systems, workshop access control systems, and
listed in the Catalogue of Used Cosmetic Ingredients, purchasing can be carried out after passing the Company's internal approval
                                                                                                                                                                                             public area video surveillance systems, the Company continues to strengthen equipment operation and maintenance and process
process; if not listed, the R&D Center needs to review and confirm whether purchasing is possible. The R&D Center conducts special
                                                                                                                                                                                             management, achieving controllable personnel access, registrable vehicle access, approvable key areas, monitorable public areas,
management on the purchasing of chemical experiments in accordance with the Chemical Experiment Purchasing and Management
                                                                                                                                                                                             and traceable abnormal incidents, effectively ensuring the personal safety of plant employees and the security of Company property,
Regulations, strictly reviewing supplier qualifications to ensure the legality and safety of purchasing actions.
                                                                                                                                                                                             providing solid guarantees for safe production and orderly operations. 
                                                                                                                                                                                                                                              Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                        Smart Connectivity Drives,     Ecological Synergy Fuels, Shouldering         Empowering Employees, Gathering              Co-existence and Mutual Benefit,                  Silicon Materials
        Building a New Vision of Growth                         Innovation Ushers in a New Era       the New Mission of the Times                New Momentum for the Team                 Building a Beautiful New Landscape                 Co.,Ltd.
              Ecological Synergy Fuels
              Shouldering the New Mission of the Times
                                                                                                                                         Our Performance
                                                                                                                                         Hazardous waste emission intensity decreased by 27% compared to 2024
                 Our Actions                                                                                                             The emission intensity of non-hazardous waste decreased by 4% compared to 2024.
                 • Compliant and environmentally responsible operations
                                                                                                                                         The installed capacity of photovoltaic power generation equipment within the Company's plant area
                 • Building Green Factories                    • Addressing climate change                                               is 1,972.35 kilowatts.
                                                                                                                                         The cumulative power generation of distributed photovoltaic systems reached 2,030.44
                                                                                                                                         megawatt-hour
                                                                                                                                                                                                                                                                                                     Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                              Smart Connectivity Drives,                               Ecological Synergy Fuels, Shouldering               Empowering Employees, Gathering                               Co-existence and Mutual Benefit,                  Silicon Materials
        Building a New Vision of Growth                               Innovation Ushers in a New Era                                 the New Mission of the Times                      New Momentum for the Team                                  Building a Beautiful New Landscape                 Co.,Ltd.
         Compliance and Environmental Operations                                                                                                                         Waste gas management
                                                                                                                                                                         JSJ strictly complies with the Law of the People’s Republic of China on the Prevention and Control of Atmospheric Pollution, as well
                                                                                                                                                                         as relevant local laws, regulations, and standards. The Company has continuously improved its internal Air Emissions Management
JSJ places great importance on environmental protection, consistently adheres to the concept of green development, strictly complies with                                Policy and is committed to implementing precise control, standardised management, and efficient treatment of air emissions gen-
laws and regulations such as the "People's Republic of China Environmental Protection Law" and the "Guangdong Province Environmental                                     erated during production and testing processes, so as to reduce their potential adverse impacts on the ecological environment and
Protection Regulations," and continuously improves its environmental management system.                                                                                  public health.
The Company continues to improve the construction of environmental protection facilities, including wastewater treatment, exhaust gas
control, and dust suppression. It further optimizes its self-monitoring programs for environmental parameters and continuously engages
                                                                                                                                                                                          The Company strictly implements national and local pollutant discharge standards,has established management
qualified third-party agencies to conduct regular monitoring of stormwater, wastewater, exhaust gas, and noise in accordance with regu-
latory requirements, ensuring that monitoring frequency, parameters, and results comply with applicable laws and regulations. During the                                     1            protocols for the emission of waste gas, dust, andhazardous substances, and has engaged qualified third-party
                                                                                                                                                                                          testing institutionsto conduct regular monitoring in order to ensure compliance.
reporting period, the Company carried out environmental protection activities in accordance with internal procedural documents such as
the "Environmental Factor Identification and Evaluation Control Procedure," "Environmental Operation Control Procedure," and "Organiza-
                                                                                                                                                                                          Throughout the production process, the Company applies full-process dustcontrol measures. High-efficiency bag
tional Context Control Procedure," effectively managing and addressing environmental matters to promote the effective implementation
and continual improvement of its environmental management system. Additionally, the Company has established procedural documents                                             2            filters have been installed in key areasand an online monitoring system has been deployed simultaneously tocol-
                                                                                                                                                                                          lect emissions data in real time and ensure continuous compliance with applicable standards.
including the "Emergency Response Plan for Sudden Environmental Incidents," "Risk Assessment for Sudden Environmental Incidents," and
"Emergency Resource Investigation for Sudden Environmental Incidents" to effectively identify, assess, and respond to environmental risks,
                                                                                                                                                                                          The Company places strong emphasis on preventive control by identifyingabnormal operating conditions in
thereby comprehensively ensuring its capability in environmental risk prevention and emergency response.
  To date
                                                                                                                                                                                          ronmentalprotection measures.
       The Company has aligned itself with world-class safety management standards, obtained ISO14001 Environmental
       Management System certification, and is expected to undergo re-evaluation and recertification in 2026. Meanwhile, the
                                                                                                                                                                         Wastewater Management
       Company's second plant has been recognized as a Clean Production Enterprise by Zhaoqing City.
 During the Reporting Period
                                                                                                                                                                         JSJ strictly complies with the requirements of the Law of the People’s Republic of China on the Prevention and Control of Water Pol-
       The Company did not incur any environmental penalties or fines.
                                                                                                                                                                         lution, has established a sound internal Wastewater Management Policy, and ensures its effective implementation. Upholding the
                                                                                                                                                                         principles of separating clean and contaminated streams, classified collection, and quality-based treatment, the Company continues
                                                                                                                                                                         to optimise its wastewater treatment system. Online monitoring equipment for key indicators, including COD, ammonia nitrogen, and
                                                                                                                                                                         pH, has been installed at wastewater discharge outlets within the plant to enable real-time and continuous monitoring of discharged
                                                                                                                                                                         water quality. This allows for early warning and refined control of compliant wastewater discharge, thereby rigorously preventing en-
                                                                                                                                                                         vironmental risks arising from wastewater treatment and disposal processes.
                                                                                                                                                                         Waste Management
                                                                                                                                                                         In the area of waste management, JSJ strictly complies with relevant laws and regulations, including the Law of the People’s Republic
                                                                                                                                                                         of China on the Prevention and Control of Environmental Pollution by Solid Waste and the Guidelines for Domestic Waste Classifica-
                                                                                                                                                                         tion. The Company has established an internal Waste Management Policy to systematically regulate the classification, storage, and
                                                                                                                                                                         disposal of waste, while maintaining proper records throughout the entire process through a dedicated waste register. At the same
                                                                                                                                                                         time, the Company actively promotes waste recycling and resource recovery, continues to explore pathways for waste reduction, and
                                                                                                                                                                         is committed to achieving the long-term goal of zero solid waste discharge.
           ISO14001 Environmental Management                      Company's Second Plant Recognized as a Clean Production
                    System Certification                                          Enterprise in Zhaoqing City
                                                                                                                                                                                                                                                                                                                            Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                              Smart Connectivity Drives,                                    Ecological Synergy Fuels, Shouldering               Empowering Employees, Gathering                                        Co-existence and Mutual Benefit,                           Silicon Materials
        Building a New Vision of Growth                               Innovation Ushers in a New Era                                      the New Mission of the Times                      New Momentum for the Team                                           Building a Beautiful New Landscape                          Co.,Ltd.
Energy Management                                                                                                                                                               Case            Energy Consumption Monitoring System
                                                                                                                                                                                     JSJ has implemented the Enterprise Comprehensive Energy Management System Cloud Deployment and Platform Integration project.
JSJ fully recognises the importance of low-carbon development and has system-
                                                                                                                                                                                     Through the deployment of multifunctional data acquisition devices and a dedicated software platform, the system incorporates modules
atically integrated the national “dual carbon” goals into its corporate strategy. The                                                                                                for real-time monitoring, energy consumption statistics, power quality analysis, abnormal waveform recording, optimisation recommenda-
Company’s direct carbon emissions mainly arise from fossil fuel consumption in                                                                                                       tions, and report management. It provides the Company with comprehensive, real-time, and visualised energy data monitoring and analysis
the production process, including natural gas, gasoline, and diesel, while its indi-                                                                                                 services, thereby supporting safe energy use control, economic optimisation, and reliable energy data management, and enabling the
rect carbon emissions primarily stem from purchased electricity. By proactively                                                                                                      Company to achieve more refined and intelligent integrated energy management.
aligning with policy directions, continuously optimising energy management,
upgrading production processes, and adjusting its energy mix, JSJ continues to
advance innovation in low-carbon production technologies and actively embrac-
es new opportunities arising from the green transition.
The Company has gradually phased out high-energy-consuming equipment and                                                                                                      JSJ also places strong emphasis on equipment upgrading and process optimisation, and has established a comprehensive system
increased the proportion of renewable energy used in its operations. In 2025, it                                                                                              for improving energy efficiency. While reducing operating costs and enhancing market competitiveness, these efforts also contribute
eliminated 12 high-energy-consuming motors with a total installed capacity of                                                                                                 green momentum to global ecological protection.
                                                                                                ISO 50001 Energy Management System Certification
energy savings of 10%. In addition, the Company has prioritised the development
of rooftop photovoltaic projects and steadily implemented a range of carbon re-
duction measures while safeguarding production efficiency.                                                                                                                                                                                          Waste Heat Recovery Unit for Drying Exhaust Gas                                    Case
  As of the end of the Reporting Period
                                                                                                                                                                                     To address the issue of high exhaust temperatures and the underutilisation of substantial thermal energy in the drying process on the first
                                                                                                                                                                                     production line of Plant 1, the Company installed a waste heat recovery unit. Through a heat exchange system between exhaust gas and fresh
                                                                                                                                                                                     air, waste heat is captured and reused, significantly improving energy utilisation efficiency. Following the implementation of this upgrade, the
       the installed capacity of photovoltaic power generation equipment within the Company’s premises reached 1,972.35
                                                                                                                                                                                     Company is able to reduce carbon dioxide emissions by over 1,000 tonnes annually, thereby effectively promoting energy conservation, lower
       kilowatts.
                                                                                                                                                                                     energy consumption, and low-carbon operation in the production process.
 During the Reporting Period
       The distributed photovoltaic system generated a cumulative total of 2,030.44 MWh of electricity.
Through concrete actions, the Company has demonstrated its firm commitment to low-carbon transformation by improving and rig-                                                 Water Resources Management
orously implementing its Energy Management Manual. By establishing a dedicated energy management task force and upgrading its
energy management platform, the Company has achieved refined management of energy consumption data by energy type, enabling
                                                                                                                                                                              The Company fully complies with the Water Law of the People’s Republic of China and other applicable regulations on water re-
real-time monitoring of production energy use and immediate alerts for abnormalities. In addition, monthly meetings are held to anal-
                                                                                                                                                                              source management, and continues to strengthen its internal water use management framework by establishing a standardised and
yse energy consumption data and propose optimisation measures, thereby fundamentally preventing energy waste. The Company
                                                                                                                                                                              systematic approach to water resource control. In the area of production water use, the Company has implemented a full-process
has obtained ISO 50001 Energy Management System certification and expects to undergo renewal review and recertification in 2026.
                                                                                                                                                                              inspection and dynamic monitoring mechanism, strengthening the routine supervision of water-consuming equipment and the early
                                                                                                                                                                              warning of irregularities, so as to effectively prevent leakage, overflow, seepage, and dripping, thereby reducing water waste. At the
                                                                                                                                                                              same time, the Company actively advances water-saving technological upgrades. Through the replacement of high water-consum-
                                                                                                                                                                              ing equipment and the optimisation of production processes, it has significantly improved the efficiency of industrial water use.
                                                                                                                                                                                                                                                                                                     Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                                Smart Connectivity Drives,                               Ecological Synergy Fuels, Shouldering               Empowering Employees, Gathering                             Co-existence and Mutual Benefit,                  Silicon Materials
        Building a New Vision of Growth                                 Innovation Ushers in a New Era                                 the New Mission of the Times                      New Momentum for the Team                                Building a Beautiful New Landscape                 Co.,Ltd.
         Building a Green Factory                                                                                                                                          Green Manufacturing
                                                                                                                                                                           In alignment with the global trend toward green and low-carbon development, JSJ has taken its designation as a National Green Fac-
                                                                                                                                                                           tory as a key platform to systematically advance the development of its green manufacturing system and related industrial practices.
Building on its recognition as a Guangdong Provincial Green Factory,                                                                                                       At the production process level, the Company continues to phase out outdated production lines and traditional processes character-
JSJ was officially recognised as a National Green Factory in 2025. This                                                                                                    ized by high energy consumption and high emissions, while comprehensively introducing cleaner production technologies to drive
distinction signifies national-level recognition of the Company’s achieve-                                                                                                 process iteration and equipment upgrades. In terms of resource and environmental management, the Company focuses on reducing
ments in developing a green manufacturing system. As a core implemen-                                                                                                      resource consumption and pollutant generation at the source, while simultaneously optimizing its energy structure, improving the
tation unit within the green manufacturing framework, a “Green Factory”                                                                                                    intensive use of energy, and establishing a sound waste classification, recycling, and resource utilization system to promote the
emphasises intensive land use, harmless raw materials, cleaner pro-                                                                                                        internal circulation and coordinated disposal of by-products. For details on energy and waste management, please refer to the first
duction, waste resource utilisation, and low-carbon energy use through-                                                                                                    subsection of this chapter, Compliant and Environmentally Responsible Operations.
out the entire production process. Guided by these principles, JSJ has
comprehensively integrated green concepts into its daily operations and
established a systematic green manufacturing system covering design,
                                                                                                                                                                           Green Logistics
                                                                                                         National Green Factory
manufacturing, logistics, and other operational processes.
                                                                                                                                                                           JSJ is comprehensively advancing the development of a green logistics system, with a focus on systemization, low-carbon develop-
Green Design                                                                                                                                                               ment, and intensification, while continuously optimizing its transportation structure and supply chain coordination mechanisms. In
                                                                                                                                                                           terms of quality control management, the Company has strengthened quality monitoring and process control throughout the entire
                                                                                                                                                                           workflow, improving the first-pass acceptance rate upon delivery and reducing repeated shipments caused by quality issues at the
JSJ systematically integrates the concept of green development into all aspects of its daily production and operations. In terms of                                        source, thereby effectively lowering energy consumption and carbon emission intensity in the transportation process. At the same
green design, the Company adopts a product life-cycle perspective and fully embeds eco-design principles into its practices. At the                                        time, we have reasonably adjusted transport modes, for example by shifting from road transportation to maritime transport, so as to
initial stage of product research and development, it comprehensively evaluates resource consumption and environmental impact,                                             leverage the advantages of shipping in terms of large carrying capacity and low energy consumption. In addition, we have actively
with a view to reducing the use of hazardous substances and strictly preventing leakage risks. To further strengthen the scientific                                        expanded warehouse deployment near customer locations to improve distribution efficiency and shorten delivery lead times.
basis of its green design practices, the Company has engaged an independent third-party institution to conduct product carbon foot-
print verification, thereby identifying key carbon-emitting stages in the production process and providing data support for the contin-
uous improvement of environmental performance. Green design not only enhances the Company’s alignment with growing market                                                  JSJ has deeply integrated the concept of “green, low-carbon, and circular” into the establishment of its green factory and the entire
demand for low-carbon and environmentally friendly products, but also strongly supports compliance with the recognition criteria                                           product life cycle. The Company adheres to green packaging practices, prioritizing the use of eco-friendly materials such as paper
for eco-design products under the Requirements for Green Factory Evaluation, thereby facilitating the effective implementation of the                                      bags and strictly controlling the utilization of disposable packaging. JSJ continuously explores packaging solutions that emphasize
Company’s sustainable development strategy.                                                                                                                                reduction, recyclability, and low carbon footprint, avoiding the use of multi-layered, hard-to-degrade materials like composite bags to
                                                                                                                                                                           minimize environmental burden at the source. Simultaneously, the Company advocates for the reuse and circular flow of packaging
                                                                                                                                                                           materials not in direct contact with products, promoting a management mechanism for recycling and reuse.
                        •  During the product design stage, we strictly follow the General Principles for Product Eco-design (GB/T
                           cepts and takes into account the environmental impacts generated throughout the entire product life cycle,
                           from production and use to disposal.
                        •  We adhere to six major design principles: intensification, reduction, circularity, low carbon, safety, and quali-
    Product                ty. We systematically consider the environmental impacts across the full life cycle of our products, covering
   Eco-design              conceptual design, material selection, manufacturing processes, packaging and transportation, functional
                           optimisation, and recycling and dismantling. To ensure the effective implementation of our environmental
                           protection objectives, the Company has established stringent green product evaluation and certification
                           procedures, enabling new products to maintain an industry-leading level of environmental performance.
                        •  In accordance with the General Principles for Eco-design Product Assessment (GB/T 32161-2015), we con-
                           duct eco-design product assessments for our products based on life cycle assessment. On this basis, we
   Eco-design              prepared the Product Eco-design Assessment Report of JSJ (Zhaoqing) Silicon Materials Co., Ltd. to guide
   Evaluation              product design improvement.
                                                                                                                                                                                                                                                                                                  Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                             Smart Connectivity Drives,                               Ecological Synergy Fuels, Shouldering               Empowering Employees, Gathering                             Co-existence and Mutual Benefit,                  Silicon Materials
        Building a New Vision of Growth                              Innovation Ushers in a New Era                                 the New Mission of the Times                      New Momentum for the Team                                Building a Beautiful New Landscape                 Co.,Ltd.
         Addressing Climate Change
                                                                                                                                                                        paredness and drills to enhance environmental risk prevention and emergency response capabilities. Transition risks include policy
                                                                                                                                                                        and legal risks, technological risks, market risks, and reputational risks. For example, as more industries and companies are incorpo-
                                                                                                                                                                        rated into carbon trading systems, the cost of excess carbon emissions is expected to continue rising; the transition to low-carbon
                                                                                                                                                                        technologies increases investment in clean technology research and development; and growing customer demand for low-carbon
                                                                                                                                                                        services and green products may reduce the market share of traditional high-energy-consuming products, thereby leading to reve-
                                                                                                                                                                        nue decline. JSJ continues to invest in energy conservation, emission reduction, and the research and development of sustainable
JSJ regards climate change as a major strategic issue affecting the Company’s sustainable development. The Company has sys-
                                                                                                                                                                        low-carbon products, actively responding to the expectations of customers, the public, and other stakeholders, while maintaining and
tematically carried out the identification and assessment of climate-related risks, proactively formulated and implemented response
                                                                                                                                                                        enhancing the Company’s brand reputation.
strategies, and worked to enhance its long-term climate adaptability and resilience. Climate change risks have been fully incorpo-
rated into the Company’s overall risk management system, strengthening the precise identification and dynamic management of                                             In addition, we have identified the opportunities brought by climate change. For example, growing market demand for green and
potential impacts, effectively reducing the operational uncertainty that climate factors may bring, and laying a solid foundation for the                               low-carbon products creates new opportunities for our green and low-carbon product offerings, while the use of more energy-effi-
Company’s steady and sustainable development.                                                                                                                           cient production equipment helps reduce operating costs. Based on the identified risks and opportunities, we have developed man-
                                                                                                                                                                        agement strategies and implementation plans, and, in consideration of the identified risk exposure and development opportunities,
                                                                                                                                                                        combined with the Company’s existing strategy, formulated a management approach to climate change.
Climate Governance
                                                                                                                                                                        Risks and Opportunities
To actively address the challenges posed by global climate change, JSJ has continuously improved and deepened its climate gov-
ernance structure by systematically integrating climate-related issues into its daily ESG management system and clearly identifying
them as an important component of the Company’s ESG governance. Looking ahead, the Company plans to establish a three-tier                                              JSJ has fully integrated the management of climate-related risks and opportunities into its corporate risk identification system, pro-
climate governance structure to form a working mechanism with clear responsibilities and coordinated interaction. As the highest                                        moting the deep integration of climate factors into business decision-making. Through systematic review, the Company focuses on
decision-making body, the Board of Directors provides overall leadership and oversight of climate change-related issues and is re-                                      evaluating physical and transition risks that climate change may trigger, such as production interruptions and changes in policies and
sponsible for reviewing strategic proposals and major matters related to climate governance. Under the guidance of the Board, the                                       regulations, while also accurately identifying strategic opportunities arising from the green and low-carbon transition and emerging
ESG Committee coordinates climate-related work, regularly convenes special meetings, discusses and reviews climate action plans                                         market growth. In doing so, the Company seeks to ensure that risks are preventable and controllable and that opportunities can be
and implementation proposals submitted by the ESG Working Group, and reports its review opinions and recommendations to the                                             effectively captured, thereby providing strong support for sustainable development.
Board. The ESG Working Group is responsible for execution, including the implementation of climate-related management measures,                                         In terms of risk response, JSJ strictly complies with relevant laws and regulations, including the Emergency Response Law of the
data tracking, and daily coordination, thereby ensuring a closed-loop governance process and continuous improvement. Through this                                       People’s Republic of China, and has formulated and implemented internal policies such as the Emergency Preparedness and Re-
layered governance structure, JSJ is accelerating the development of an institutionalized and systematic climate response capability,                                   sponse Control Procedures, which systematically cover response processes for various natural disasters, including meteorological
providing solid organizational support for the Company’s green and low-carbon transition.                                                                               disasters, earthquakes, geological disasters, and marine disasters. These measures strengthen the Company’s emergency response
                                                                                                                                                                        capability for sudden environmental incidents and continuously enhance its climate resilience and emergency management capacity.
                                                                                                                                                                        In response to the green development opportunities arising from climate change, JSJ takes proactive and targeted actions. Beginning
                                                                                                                                                                        with green design as the source, the Company systematically integrates environmental protection concepts into the research and de-
Climate Strategy                                                                                                                                                        velopment stage, carrying out full life-cycle environmental impact assessments of product structure, material selection, and process
                                                                                                                                                                        pathways, so as to minimize the ecological footprint of products from raw material acquisition to end-of-life disposal. Taking green
                                                                                                                                                                        manufacturing as the core driver, the Company continuously optimizes production processes, upgrades major energy-consuming
JSJ adopts a scientific approach in establishing its climate change management strategy. Based on climate scenario analysis, the                                        equipment, and promotes energy-saving and low-carbon technologies, thereby comprehensively improving the efficiency of energy
Company identifies and assesses climate-related risks and opportunities, including physical risks, transition risks, and opportunities                                  and resource utilization. Through these practical actions, the Company fulfills its green commitments and moves toward a new stage
associated with energy and products and services. Physical risks include both acute and chronic risks. For example, heavy rainfall                                      of harmonious coexistence and coordinated development between the enterprise and the environment.
and flooding may damage operating sites and infrastructure, and may also lead to power outages affecting equipment and facilities,
thereby causing operational disruptions and asset losses. JSJ continues to improve its emergency management documents, includ-
ing the Enterprise Emergency Incident Management System and the Emergency Preparedness and Response Control Procedures, by
incorporating meteorological disasters, geological disasters, and sudden environmental incidents into a unified emergency response                                         For JSJ’s 2025 greenhouse gas emissions performance, please refer to Appendix 1: 2025 Key Performance Table.
system, clearly defining emergency procedures, responsibilities, and response measures, and regularly conducting emergency pre-
                                                                                                                                                                                                                                                      Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                       Smart Connectivity Drives,                    Ecological Synergy Fuels, Shouldering         Empowering Employees, Gathering        Co-existence and Mutual Benefit,                  Silicon Materials
        Building a New Vision of Growth                        Innovation Ushers in a New Era                      the New Mission of the Times                New Momentum for the Team           Building a Beautiful New Landscape                 Co.,Ltd.
              Empowering Employees
              Gathering New Momentum for the Team
                                                                                                                                                       Our Performance
                 Our Actions                                                                                                                           100%employee training coverage rate
                                                                                                                                                       Average training hours per employee: 41.66 hours
                 ?• Safeguarding Employee Rights and Interests                • Fostering Team Cohesion and Care                                       Total employee training hours reached 16,038.36 , representing a threefold
                 ?• Creating Growth Opportunities                             • Strengthening Health and Safety Protection                             increase compared with 2024
                                                                                                                                                                                                                                                                                                                          Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                               Smart Connectivity Drives,                                 Ecological Synergy Fuels, Shouldering                 Empowering Employees, Gathering                                       Co-existence and Mutual Benefit,                          Silicon Materials
        Building a New Vision of Growth                                Innovation Ushers in a New Era                                   the New Mission of the Times                        New Momentum for the Team                                          Building a Beautiful New Landscape                         Co.,Ltd.
JSJ upholds a people-oriented philosophy, strictly complies with labour laws and regulations, and implements principles of equal and
diverse employment while establishing a market-competitive compensation and benefits mechanism. Through diversified incentives,
                                                                                                                                                                            Talent Acquisition
festive care initiatives, and cultural and sports activities, we enhance employees’ sense of belonging and build a comprehensive em-
ployee care system. We also provide tailored support to employees facing difficulties, continuously improving the overall employee                                          JSJ enriches its talent pool and continuously optimises its talent structure through three channels: campus recruitment, social re-
workplace experience. In response to both employees’ capability development needs and the Company’s talent cultivation objectives,                                          cruitment, and internal recruitment.
we have established a tiered training system focused on professional skills and leadership development, while creating clear career
development pathways. JSJ adheres to the safety policy of “safety first, prevention first, safe development, and people orienta-
                                                                                                                                                                                       Campus recruitment                                     Social recruitment                                    Internal recruitment
tion”, continuously improves its occupational health management system, regularly organises safety drills and knowledge training,
strengthens whole-process risk prevention and control, and promotes the physical and mental well-being of employees.                                                           JSJ maintains long-term cooperative rela-             JSJ attracts talent through online plat-              The Company has established internal
                                                                                                                                                                               tionships with a number of well-known uni-            forms, executive search firms, and other              referral channels and corresponding
                                                                                                                                                                               versities, including the South China University       recruitment channels. As the Company                  incentive mechanisms, while also build-
                                                                                                                                                                               of Technology, Sun Yat-sen University, Jinan          continues its rapid global development,               ing an internal talent pool. For suitable
                                                                                                                                                                               University, and The Hong Kong Polytechnic
        Safeguarding Employee Rights and Interests
                                                                                                                                                                                                                                     social recruitment has become an im-                  positions, priority is given to identifying
                                                                                                                                                                               University. Through university-enterprise col-        portant channel for meeting demand for                qualified internal candidates, thereby
                                                                                                                                                                               laboration, the Company identifies high-po-           high-calibre talent and capturing devel-              providing opportunities for employees
                                                                                                                                                                               tential talent, provides relevant internship          opment opportunities.                                 capable of taking on different types of
                                                                                                                                                                               opportunities and joint training programs,                                                                  roles.
                                                                                                                                                                               promotes the integration of industry, aca-
Compliant Employment
                                                                                                                                                                               demia, and research, and cultivates special-
                                                                                                                                                                               ised talent in a targeted manner.
JSJ strictly complies with employment-related laws and regulations in the jurisdictions where it operates, including the Labour Law
of the People’s Republic of China, the Labour Contract Law of the People’s Republic of China, the Implementation Regulations of the
Labour Contract Law of the People’s Republic of China, and the Employment Promotion Law of the People’s Republic of China. By for-                                            Case               Embracing Innovation and the Future | Launch of the JSJ 2025 Management Trainee Program
mulating and updating a series of internal management policies, including the JSJ Employee Handbook, the Company ensures that its
employment practices in recruitment, hiring, and dismissal are lawful and compliant. In recruitment, the Company adheres to the prin-
ciple of equality and does not engage in discrimination on the basis of gender, age, ethnicity, physical condition, or other factors.                                                JSJ officially launched its 2025 Management Trainee Recruitment Program in January 2025, extending a sincere invitation to graduating
                                                                                                                                                                                     students of the Class of 2025 at both undergraduate and master’s levels. JSJ provides management trainees with diversified development
At the same time, JSJ firmly prohibits child labour and forced labour. Relevant response measures are clearly set out in the JSJ Em-
                                                                                                                                                                                     pathways, with training directions covering core areas such as research and development, innovation, supply chain, sales, quality, strategy,
ployee Handbook:                                                                                                                                                                     marketing, and human resources. Each management trainee is able to develop along the track best suited to his or her strengths and aspi-
                                                                                                                                                                                     rations. The management trainee recruitment program is one of the Company’s key annual recruitment initiatives and serves as an import-
                                                                                                                                                                                     ant channel for building a pipeline of versatile, high-potential talent for the Company. In November 2025, the Company specially organised
                                                                                          Forced Labour                                                                              a Management Trainee Conference to recognise outstanding trainees during the reserve period. The event fully acknowledged the efforts of
       Child Labour                                                                       Clear provisions are in place regarding working                                            management trainees and their mentors, summarised past successful experience, reaffirmed the original aspirations behind their develop-
       Cross-verification procedures are estab-                                           hours, overtime, and compensatory leave. Any                                               ment journey, and empowered trainees to pursue long-term career growth.
       lished and pre-employment reviews are                                              working time exceeding 40 hours per week is
       conducted to ensure that individuals un-                Response                   regarded as overtime, and employees may apply
       der the age of 18 are not employed by the               Measures                   for compensatory leave. Employees are encour-
       Company.                                                                           aged to make timely use of such arrangements.
  During the reporting period
       JSJ achieved a  100% employee labour contract signing rate and  100% coverage of social insurance and housing
       provident fund contributions, and no incidents involving child labour or forced labour were identified.
                                                                                                                                                                                                                                                                                                          Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                             Smart Connectivity Drives,                                      Ecological Synergy Fuels, Shouldering               Empowering Employees, Gathering                              Co-existence and Mutual Benefit,                  Silicon Materials
        Building a New Vision of Growth                              Innovation Ushers in a New Era                                        the New Mission of the Times                      New Momentum for the Team                                 Building a Beautiful New Landscape                 Co.,Ltd.
JSJ adheres to the principle of “equal opportunities and merit-based employment”. The Company actively recruits veterans and per-
sons with disabilities who are able to work, and makes appropriate arrangements in job assignments to ensure that every employee
                                                                                                                                                                               Compensation Management
can fully utilise their strengths in a suitable position, thereby promoting inclusiveness and diversity across the Company.
                                                                                                                                                                               In 2025, the Company continued to deepen the optimisation and adjustment of its employee compensation, incentive, and perfor-
                                                                                                                                                                               mance management systems, with a view to building a fairer, more competitive, and more motivating institutional environment,
      As of 31 December 2025, JSJ had a total of 385 employees, including 4 employees with disabilities and 4 veteran
                                                                                                                                                                               thereby providing strong support for talent development and organisational effectiveness enhancement.
      employees. Female employees totalled 116, representing approximately 30.1% of the workforce.
                                                                                                                                                                               In terms of the compensation system, the Company officially updated its Compensation Management Policy in May in accordance
                                                                                                                                                                               with the revised job grade framework. The original five job categories — M, S, P, A and O — were consolidated into two main tracks: M
                                                                                                                                                                               (Management) and P (Professional), making the job grade structure more streamlined, clearer, and better aligned with business
                                                                                                                                                                               needs. The design of salary bands comprehensively takes into account multiple factors, including talent supply conditions, per capita
     Employee Diversity Data (Unit: Person):                                                                                                                                   output, employee turnover rate, the stage of industry development, market salary levels, and the Company’s ability to pay. Differenti-
                                                                                                                                                                               ated salary ranges are designed for the M and P tracks and for professional positions respectively, with the aim of attracting and re-
                                                                                                                                                                               taining core talent while balancing internal fairness and external competitiveness, thereby achieving effective alignment between the
                                                                                                                                                                               compensation system and business performance. Our compensation philosophy is built upon five core principles:
                               By Gender                                                               By Region
                                                                                                                                                                                                individual and organisational performance, with a greater focus on high performers and contributors
                          Male               Female
                                                                                                    Mainland China
                                                                                                    Overseas regions (including Hong
                                                                                                                                                                                                    sure that core talent receives externally competitive remuneration
                                                                                                    Kong, Macao and Taiwan)
                                                                                                                                                                                              to encourage employees to achieve professional growth in different directions
                                  By age                                                               By Level
                                                                                                                                                                                            tween improved corporate performance and employee income growth
                                                                                                                                                                               Through this system, we are committed to building a compensation mechanism that is fair, transparent, and incentive-compatible,
                                                                                                                                                                               enabling the Company and its employees to grow together and share the benefits of development.
                                                                                                                                                                               In the design of fixed compensation and short-term incentives, JSJ adheres to the principle of equal pay for equal work, and deter-
                                                                                                                                                                               employee. In terms of long-term incentives, the Company actively implements employee share ownership schemes, giving full and
                                                                                                                                                                               prudent consideration to the scope of incentive recipients and the level of incentives, so as to leverage the talent retention advantag-
                                                                                                                                                                                                                                                                                                                   Jinsanjiang(Zhaoqing)
      Advancing Governance with Leadership,                                Smart Connectivity Drives,                             Ecological Synergy Fuels, Shouldering                 Empowering Employees, Gathering                                 Co-existence and Mutual Benefit,                           Silicon Materials
         Building a New Vision of Growth                                 Innovation Ushers in a New Era                               the New Mission of the Times                        New Momentum for the Team                                    Building a Beautiful New Landscape                          Co.,Ltd.
      JSJ 2025 Semi-annual Awards Ceremony
                                                                                                                                                                                   Creating Growth Opportunities
      On 15 September 2025, JSJ held its Semi-annual Awards Cer-
      emony, at which 64 individuals who exemplified the Company’s
      cultural values, as well as outstanding individuals and teams                                                                                                       JSJ actively responds to employees’ expectations for clear promotion pathways and access to advanced skills and knowledge by
      in areas such as safety, quality, production operations, and                                                                                                        establishing a comprehensive career development and training system.
      teamwork, were recognised. Through this event, the Company
      further embedded its core values of “customer-centricity, inno-
      vation-driven development, long-term hard work, and commit-
      ment to self-criticism” into the organisation. At the ceremony,
                                                                                                                                                                          New Employee Integration Program
      President Ren, guided by the Company’s corporate culture,
      called on all employees to remain steadfast in their convictions                                                                                                    JSJ recognises that talent development is a key driver of corporate sustainability. To this end, the Company has carefully developed
      and act with pragmatism and responsibility in the face of chal-                                                                                                     a “full-cycle probationary companionship growth” new employee integration program. This program establishes a systematic de-
      lenges, transforming ordinary efforts into an extraordinary driving force for the Company’s advancement onto the interna-                                           velopment framework covering all stages from onboarding adaptation to efficient growth, and has supported 42 new employees in
      tional stage. In doing so, the event achieved the dual objectives of honour-based motivation and cultural cohesion.                                                 successfully integrating into the team.
                                                                                                                                                                                                  Accelerated development: Supported                            Collaborative efficiency enhancement: By
At the same time, the Company continued to strengthen its performance-oriented approach by optimising the talent development
                                                                                                                                                                                                  by a three-tier training system, ranging                      breaking down departmental boundaries and
program and commission system of the Marketing Centre. Employee income for sales personnel has been more closely linked to
                                                                                                                                                                                                  from company-level to position-level                          leveraging a mentorship system and cross-de-
sales performance, and commission ratios for different products have been adjusted in light of business realities, thereby encourag-                                                              empowerment, the program enables new                          partmental collaboration, the program inte-
ing employees to exceed performance targets and promoting the coordinated growth of both personal income and the Company’s                                                                        employees to acquire skills quickly and                       grates resources to provide all-round support
business performance. In addition, the incentive system in the production department was upgraded, with the bonus scheme chang-                                                                   become competent in their roles.                              for new employees and improve team collabo-
                                                                                                                                                                                                                                                                ration efficiency.
ing from a points-based system to a piece-rate system, directly linking employee performance to individual output. This fully reflects
the principle of more pay for more work, effectively stimulating production efficiency and employee initiative, while providing front-
line personnel with clearer direction for effort and a more defined expectation of rewards.                                                                               Cultural alignment: Through a combi-                                                                              Retention optimisation: By providing
In addition to compensation and equity incentives, JSJ provides all employees with a wide range of comprehensive and caring bene-                                         nation of theory and practice, including                                                                          full-cycle care and a positive proba-
                                                                                                                                                                          activities such as corporate culture                                                                              tionary experience, the program en-
fits, which can be categorised into statutory benefits, general benefits, and incentive benefits. Statutory benefits are provided in strict
                                                                                                                                                                          interpretation sessions and tea gather-                                                                           hances employees’ sense of belonging,
compliance with relevant regulations, including the lawful payment of social insurance and housing provident fund contributions, as
                                                                                                                                                                          ings, the program helps new employees                                                                             effectively improves talent retention,
well as leave entitlements such as marriage leave, maternity leave, miscarriage leave, prenatal check-up leave, breastfeeding leave,                                      develop a deeper understanding of and                                                                             and strengthens the Company’s talent
paternity leave, annual leave, and bereavement leave. General benefits focus on employees’ physical and mental well-being, daily                                          identification with the Company’s val-                                                                            pipeline.
living needs, and emotional support. Incentive benefits address employees’ social needs and sense of team belonging. For more in-                                         ues.
                                                                                                                                                                                                                                             Key highlights
formation on incentive benefits, please refer to Section 3 of this chapter, “Fostering Team Cohesion and Care.”                                                                                                                              of the program
                                                  Social insurance, housing provident fund contributions, leave entitlements,
     Statutory Benefits                                                                                                                                                   This program is not only a pathway for the growth of new employees, but also a concrete demonstration of JSJ’s people-oriented
                                                  labour protection, and other statutory benefits
                                                                                                                                                                          ESG philosophy. By empowering employee development, the Company promotes the simultaneous improvement of organisational
                                                                                                                                                                          effectiveness and sustainable competitiveness.
                                                  Birthday benefits, festive benefits, health check-ups, meal subsidies, snack provi-
     General Benefits
                                                  sions, home-visit subsidies, and other general employee benefits
      Incentive-based                             Travel activities, outward-bound activities, departmental team-building budgets,
          Benefits                                and other collective activities and welfare benefits
                                                                                                                                                                                                                                                                                                                                   Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                                       Smart Connectivity Drives,                                       Ecological Synergy Fuels, Shouldering           Empowering Employees, Gathering                                        Co-existence and Mutual Benefit,                          Silicon Materials
        Building a New Vision of Growth                                        Innovation Ushers in a New Era                                         the New Mission of the Times                  New Momentum for the Team                                           Building a Beautiful New Landscape                         Co.,Ltd.
Promotion Mechanism                                                                                                                                                                       Case          Management Trainee Program
In 2025, JSJ issued the Job Grade System Management Policy and the accompanying Summary of Job Qualifications, formally
establishing a dual-track development model centred on the Management sequence (M) and the Professional sequence (P). This                                                                   From 1 to 4 July 2025, JSJ organised the onboarding training program for its 2025
                                                                                                                                                                                             management trainees under the theme “Setting Sail with Youth, Letting Dreams
framework clarifies parallel promotion pathways in both management and technical tracks. By specifying competency requirements
                                                                                                                                                                                             Take Flight”. The program included a welcome ceremony, comprehensive training
and professional experience standards for each position, the Company provides employees with diverse options for both vertical                                                               sessions, and a closing ceremony. The training covered a range of topics, includ-
advancement and horizontal development, enabling them to flexibly choose development paths based on their strengths and career                                                               ing corporate culture, internal rules and regulations, and career planning, helping
plans. On this basis, the Company also optimised its promotion management system, reinforced the value orientation that “cadres                                                              management trainees integrate into the Company quickly. This training not only
are first and foremost accountable”, adopted 360-degree comprehensive evaluation as the basis for assessment, and upheld equal                                                               enhanced the trainees’ knowledge and skills, but also strengthened team cohesion,
                                                                                                                                                                                             laying a solid foundation for their future career development.
emphasis on both integrity and performance to ensure that the promotion process is open, fair, and impartial.
In addition, the Company has established a reserve talent pool. Outstanding employees who do not yet fully meet the promotion
criteria are placed in a “pending promotion” status for continued development. When vacancies arise, priority is given to qualified
                                                                                                                                                                                                                                                                                                  Management Trainee Program
internal candidates, fully reflecting the employment philosophy of “promoting the capable, reassigning the average, and removing
the underperforming.” The Company also encourages cross-functional rotation and the development of versatile talent. Employees
at manager level and above may submit development intentions annually, while employees at director level and above are subject
to horizontal rotational assignments. By building a multi-level and multi-path promotion system, JSJ continues to inspire employee
ambition and lay a solid talent foundation for sustainable development.                                                                                                                                                                   “Fresh Flower Glory Competition” Cadre Development Program                                       Case
                                                                                                                                                                                             In October 2025, JSJ organised the “Fresh Flower Glory Competition” Cadre Development Program, which was implemented in 2025 and fo-
Talent Development System                                                                                                                                                                    cused on enhancing cadres’ capabilities in strategic management and organisational development. The training systematically covered four
                                                                                                                                                                                             key modules:
The Company has established a systematic and multi-level talent development system that fully covers employees’ growth path-                                                                                                                                  Strategic target setting, guiding          Management systems, provid-
                                                                                                                                                                                                                                                              cadres in mastering scientific             ing an in-depth analysis of the
ways. Built around the three key dimensions of new employees, technical backbone personnel, and management talent, and based
                                                                                                                                                                                                                                                              planning and implementation                establishment and operation of
on an integrated online-plus-offline training model, the system provides employees with flexible and diversified learning resources. At                                                                                                                       methods                                    efficient management systems
the same time, the Company has developed systematic and differentiated development plans for a wide range of functions, including
management, marketing, technical, operational, and administrative/logistics roles. In addition, the Company has established an in-
ternal trainer team to promote the accumulation and transfer of internal knowledge. JSJ continues to increase investment in training                                                                                                                          Talent cultivation and team                Organisational division of la-
                                                                                                                                                                                                                                                              upgrading, with a focus on                 bour and process innovation,
programs, providing strong support for the cultivation of outstanding talent for the Company. During the reporting period, JSJ record-
                                                                                                                                                                                                                                                              strengthening talent pipeline              exploring how to optimise
ed 16,038.36 employee training hours, with a 100% employee training coverage rate.
                                                                                                                                                                                                                                                              development and team leader-               structures and processes to
                                                                                                                                                                                                                                                              ship                                       drive greater effectiveness
                                         The Company arranges mentorship guidance for new employees to help them adapt tothe working en-                                                          “Fresh Flower Glory Competition” Cadre Devel-
                                         vironment. At the same time, the Company provides a two-week trainingprogram for new employees,                                                                         opment Program
        New
                                         covering the Company's history and current status,organizational structure and departmental responsi-
  employeementoring                                                                                                                                                                          The program was delivered through a combination of intensive training sessions, workshop discussions, and practical assignments, with
                                         bilities, corporate culture, rules andregulations, and job skills, etc., to assist new employees in smoothly
                                                                                                                                                                                             the aim of directly translating theoretical learning into practical capabilities that would support the implementation of the Company’s
                                         integrating into their new roles.
                                         The Company gradually improves the development projects for technical talents,establishes a pro-
  Training oftechnical
                                         fessional learning ecosystem, and enriches the professional development paths and resources for
       backbones
                                         employees.
                                         During the reporting year, the Company formulated the "Successor Cultivation andManagement Sys-
         Talent                          tem". This system explicitly stipulates that for employees who performoutstandingly in their positions
     developmentin                       (potential successors), the Company will conductspecial cadre training to enhance the capabilities of
      management
                                         existing cadres and reserve potential leaders for the Company.
                                                                                                                                                                                                                                                                                                                              Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                                         Smart Connectivity Drives,                               Ecological Synergy Fuels, Shouldering           Empowering Employees, Gathering                                        Co-existence and Mutual Benefit,                           Silicon Materials
        Building a New Vision of Growth                                          Innovation Ushers in a New Era                                 the New Mission of the Times                  New Momentum for the Team                                           Building a Beautiful New Landscape                          Co.,Ltd.
  Case             Internal Trainer Development Program                                                                                                                             Case            Start-of-work Blessings to Unite the Team for a New Journey
        In 2025, JSJ advanced its Internal Trainer Development Program in three                                                                                                        In February 2025, JSJ held a start-of-work blessing event and a lion dance per-
        phases, with the aim of putting into practice the concept that “everyone                                                                                                       formance to welcome the new year in a festive and lively atmosphere. During the
        can be a trainer” and strengthening the development of a learning-ori-                                                                                                         event, employees enhanced communication through performances and goal-shar-
        ented organisation. Through systematic training, the program empow-                                                                                                            ing activities, while the Company distributed red envelopes and symbolic blessing
        ered the internal trainer team, with a particular focus on enhancing their                                                                                                     gift bags, conveying New Year greetings and care. At the same time, the lion dance
        capabilities in course development and case-based teaching, so as to                                                                                                           performance featured classic elements such as observing the greens, plucking the
        effectively transmit the Company’s culture and support the implementa-                                                                                                         greens, and spitting the greens, symbolising prosperity and good fortune and inject-
        tion of the annual training plan. By promoting the inheritance of internal                                                                                                     ing vitality and hope into the year ahead. This event not only promoted traditional
        knowledge and the embedding of corporate culture, the program has ef-                                                                                                          culture, but also further strengthened team cohesion and created a positive start to
        fectively enhanced employee skills and organisational cohesion, thereby                                                                                                        the new working year.
                                                                                                     Internal Trainer Development Program
        providing solid talent support for strategic development.
                                                                                                                                                                                                                                                                                      Start-of-work Blessings to Unite the Team
                                                                                                                                                                                                                                                                                                  for a New Journey
                                                                                                                                                                                                                                              Annual Spring Reception and Women’s Day Celebration                                    Case
         Fostering Team Cohesion and Care
                                                                                                                                                                                                                                                            On 7 March 2025, JSJ held its annual spring reception and Women’s
                                                                                                                                                                                                                                                            Day celebration under the theme “Gathering Strength to Set Sail and
                                                                                                                                                                                                                                                            Voyage Across the Silicon Sea.” The event comprehensively reviewed
                                                                                                                                                                                                                                                            the Company’s development achievements and recognised annual out-
JSJ regards rich humanistic care and smooth, democratic communication channels as the basic principles for maintaining employee
                                                                                                                                                                                                                                                            standing performers, including Outstanding Employees and Sales Stars,
cohesion, and actively strives to create a workplace environment that is democratic, equal, diverse, and friendly.                                                                                                                                          thereby motivating the team. As the event coincided with Women’s Day,
                                                                                                                                                                                                                                                            the Company also expressed its care and appreciation by presenting
                                                                                                                                                                                                                                                            bouquets and special gifts to senior female employees. The event further
                                                                                                                                                                                                                                                            featured employee performances, interactive games, and lucky draws,
                                                                                                                                                                                                                                                            effectively enhancing team cohesion and creating a joyful atmosphere,
Humanistic Care                                                                                                                                                                                                                                             while injecting vitality and confidence for meeting future challenges.
                                                                                                                                                                                           Annual Spring Reception and Women’s Day Celebration
Based on employees’ actual needs, JSJ provides a variety of facilities to enhance employees’ sense of well-being and belonging,
such as reading rooms and fitness facilities. During major holidays, including the Spring Festival, Dragon Boat Festival, and Mid-Au-
tumn Festival, the Company distributes festive gifts to employees. In addition, the Company organises events such as commence-
ment gatherings, sports meetings, team-building activities, and employee birthday celebrations to enhance employee satisfaction                                                     Case            Free Employee Dormitories
and loyalty.
                                                                                                                                                                                       JSJ is committed to creating a comfortable and convenient living environment for
                                                                                                                                                                                       employees. The Company provides well-equipped accommodation apartments
                                                                                                                                                                                       within the industrial park for employees in need, free of charge, and also offers
                                                                                                                                                                                       subsidies for utility expenses for resident employees. These measures further re-
                                                                                                                                                                                       duce employees’ living costs and effectively enhance their sense of belonging and
                                                                                                                                                                                       stability.
                                                                                                                                                                                                                                                                                              Free Employee Dormitories
                                                                                                                                                                                                                                                                                                                Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                           Smart Connectivity Drives,                                 Ecological Synergy Fuels, Shouldering                Empowering Employees, Gathering                                          Co-existence and Mutual Benefit,                  Silicon Materials
        Building a New Vision of Growth                            Innovation Ushers in a New Era                                   the New Mission of the Times                       New Momentum for the Team                                             Building a Beautiful New Landscape                 Co.,Ltd.
                                                                                                                                                                                Strengthening Health and Safety Protection
     While actively organising employee activities and en-
     riching employees’ lives, we also pay close attention
     to employees’ physical condition and family circum-                                                                                                                JSJ strictly complies with laws and regulations including the Work Safety Law of the People’s Republic of China and the Law of the
     stances, and proactively extend assistance to employ-                                                                                                              People’s Republic of China on the Prevention and Control of Occupational Diseases, and consistently places employee health and
     ees facing difficulties. In addition, during periods of                                                                                                            safety as its top priority. By establishing and implementing a sound environment, health and safety management system, we actively
     extreme heat, JSJ provides supplies to employees to                                                                                                                create a safe and reliable working environment. This not only helps effectively prevent accidents and safeguard operational efficiency
     help safeguard their health.                                                                                                                                       and employee well-being, but also supports our continued compliance with regulatory requirements and lays a solid foundation for
                                                                                         Employee Sports Meeting
                                                                                                                                                                        the creation of long-term business value.
                                                                                                                                                                        Deepening the Development of Safety Culture
Employee Communication and Democratic Management
                                                                                                                                                                        The Company consistently prioritises employee safety and health and has systematically built a safety culture framework. In 2025,
                                                                                                                                                                        to realise the safety vision of “Act Together, Stay Safe, and Build a Safety Culture of Initiative and Mutual Support”, the Company used
                                                                                                                                                                        the implementation of safety culture as a key focus. Through regular safety production meetings, specialised training, team building,
                                                                                                                                                                        safety inspections, Safety Culture Month activities, and the selection of safety role models, the Company strengthened full employee
JSJ is committed to fostering an inclusive culture with a strong sense of
                                                                                                                                                                        participation in safety management and fostered a strong safety culture atmosphere.
belonging. The Company has established multiple channels for employee
communication, including general manager interviews, employee discussion                                                                                                To further enhance the effectiveness of safety culture development, the Company established a dedicated promotion task force. Fo-
forums, an employee voice wall, and the labour union, in order to continuously                                                                                          cusing on six core dimensions — safety leadership, safety learning capability, safety motivation, safety assurance capability, safety
improve the working environment and optimise the employee experience. In                                                                                                behaviour, and safety communication — the Company developed a phased safety culture roadmap, defined milestone targets for
addition, we conduct an annual employee satisfaction survey to gain an in-                                                                                              each stage, and established a dynamic tracking and evaluation mechanism to ensure systematic advancement and effective imple-
depth understanding of employee views across dimensions such as career                                                                                                  mentation of safety culture initiatives.
development, expectations for the Company’s future, safety, logistics support,
compensation, benefits, communication channels, and cultural identification,
and then formulate targeted follow-up measures based on employee feedback.
                                                                                                    Employee Discussion Forum                                             Case             Building Defence Through Drills to Safeguard Intelligent Manufacturing — JSJ Continues to Conduct Emergency Drills
In 2025, the Company conducted its annual employee satisfaction survey across Plant 1, Plant 2, and the Guangzhou office area,
                                                                                                                                                                                Safety is the lifeline of high-quality corporate development. Particularly
covering a wide range of functions including production, technical, functional, sales, and management positions. A total of 138 valid
                                                                                                                                                                                in the field of functional silica manufacturing, strengthening the line of
questionnaires were collected, with the aim of genuinely listening to employees’ voices and continuously improving management                                                   defence for production safety is both a corporate responsibility and a
practices. The survey showed that the Company had achieved notable results in areas such as safety protection and clarity of job                                                foundation for development. JSJ therefore continues to strengthen its
responsibilities, while the overall atmosphere of teamwork was positive. On this basis, the Company has placed commonly raised                                                  production safety management system.
concerns, including compensation and benefits, career development, working environment, and cross-departmental collaboration, on                                                On 2 December 2025, the Company, together with the local fire rescue
its key optimisation agenda. Going forward, the Company will continue to refine its compensation and incentive mechanisms, expand                                               department of the High-tech Zone, conducted a full-process, practical
career development pathways, improve working conditions, and strengthen cross-departmental coordination in response to survey                                                   firefighting emergency drill. The drill covered fire warning, initial fire
                                                                                                                                                                                suppression, personnel evacuation, and the practical use of firefighting
feedback. JSJ remains committed to building a working environment with a stronger sense of belonging and greater growth poten-
                                                                                                                                                                                equipment. Through a model combining theoretical instruction and
tial, thereby promoting the common development of employees and the organisation.                                                                                               practical drills, the Company comprehensively enhanced employees’
                                                                                                                                                                                emergency response capabilities and coordination skills. In addition,
                                                                                                                                                                                the Company regularly carried out specialised emergency drills for
                                                                                                                                                                                incidents such as poisoning, heatstroke during confined-space opera-
                                                                                                                                                                                tions, hazardous waste leakage, and natural gas leakage, continuously
                                                                                                                                                                                improving its emergency response plan system and promoting the
                                                                                                                                                                                normalised and specialised implementation of emergency drills.
                                                                                                                                                                                                                                                                                                                                                      Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                                            Smart Connectivity Drives,                                                  Ecological Synergy Fuels, Shouldering               Empowering Employees, Gathering                                       Co-existence and Mutual Benefit,                          Silicon Materials
        Building a New Vision of Growth                                             Innovation Ushers in a New Era                                                    the New Mission of the Times                      New Momentum for the Team                                          Building a Beautiful New Landscape                         Co.,Ltd.
                                                                                                                                                                                                          The Company remains committed to its goal of zero occupational diseases and has established a health monitoring system covering
             Promoting Learning Through Training and Action Through Competitions — JSJ Continues to Advance Safety Training and Knowledge Contests                Case
                                                                                                                                                                                                          the entire employee lifecycle, from pre-employment, during employment, to departure, in order to comprehensively safeguard em-
                                                                                                                                                                                                          ployees’ occupational health.
                                                                                  In 2025, to enhance employees’ safety awareness and increase their safety                                               Standardised health examinations: The Company conducts annual testing and disclosure of occupational hazard factors in the work-
                                                                                  knowledge, JSJ conducted internal safety training sessions ahead of major hol-                                          place to accurately identify occupational health risks. It also organises occupational health examinations for employees throughout
                                                                                  idays, including the Spring Festival and the National Day and Mid-Autumn Fes-
                                                                                                                                                                                                          the full employment cycle in accordance with regulations, establishes occupational health records, and achieves dynamic tracking
                                                                                  tival holiday period. Through a combination of online live broadcasts and offline
                                                                                  classroom sessions, the Company focused on topics such as production safety,                                            and management of employees’ health conditions.
                                                                                  fire safety, and travel protection, thereby strengthening risk prevention during hol-
                                                                                                                                                                                                          Improving practical protection capabilities:The Company regularly conducts specialised safety and environmental training to en-
                                                                                  iday periods.
                                                                                                                                                                                                          hance employees’ awareness of self-protection and their practical operational capabilities. In 2025, JSJ also cooperated with the
                                                                                  At the same time, the Company actively participated in external professional
                                                                                  training and organised employees to attend specialised training sessions on                                             Red Cross to carry out first-aid practical training and certification for first-aiders, strengthening emergency response capabilities and
                                                                                  topics such as special equipment management and confined-space operations,                                              promoting emergency first-aid awareness.
                                                                                  hosted by the Zhaoqing High-tech Zone Market Supervision Administration, the
                                                                                  Work Safety Administration, and industry associations. These sessions enabled
                                                                                  employees to gain a deeper understanding of regulatory standards and key acci-
                                                                                  dent prevention measures, while also completing continuing education assess-
                                                                                  ments for special equipment safety officers, thereby continuously improving the
                                                                                  competency of employees in specialised positions.
     To better understand employees’ mastery of safety knowledge and promote safety practices, the Company organised multiple safety knowledge competitions
     throughout the year across various business units. These activities effectively stimulated employees’ enthusiasm for learning and helped embed safety knowl-                                                                               Daily pre-shift             Implementation of a            Establishment of a
     edge across the organisation.
                                                                                                                                                                                                                                               safety briefings             safety points-based          dedicated safety coor-
                                                                                                                                                                                                                                                                            management system                 dinator team
 Case              Driving New Heights in Safe Production Through the Power of Role Models
                                                                                                                                                                                                                               Strengthening manage-        Optimisation of personal      Conducting diversified       Improvement of policies
                                                                                                                                                                                                                                ment participation in        protective equipment        safety culture promotion       and training systems
     On 20 June 2025, JSJ recognised employees who had demonstrated outstanding per-                                                                                                                                            safety management                  allocation                    activities
     formance in production safety work during May, affirming their positive contributions
     in risk identification, standardised operations, and the fulfilment of responsibilities.
     Through solid professional competence, strong risk awareness, and proactive working
     attitudes, the recognised employees promptly identified and helped eliminate potential                                                                                                                                                               Occupational Health and Safety Measures
     hazards in their daily work, thereby effectively safeguarding production safety. Going
     forward, the Company will continue to improve its incentive mechanism so that excel-
     lent practices can be replicated and promoted, further enhancing all employees’ sense
     of safety responsibility and action.
                                                                                                                                                                                                            Case           Poisoning Emergency Drill
                                      JSJ collaborates with the Red Cross to conduct practical training for first-aid certification                               Case
                                                                                                                                                                                                                 To strengthen employees’ safety protection and emergency response capabilities during
                                                                                                                                                                                                                 chemical operations, JSJ organised a specialised emergency drill for chemical poisoning
                                             To fortify the safety production defenses of the enterprise and enhance employees’ emergency rescue ca-                                                             incidents in January 2025. The drill simulated a toxic gas leakage incident at a production site
                                             pabilities, JSJ invited professional coach-instructors from the Red Cross in March 2025 to conduct practical                                                        and covered the full process, including incident reporting, personnel evacuation, site isolation,
                                             training for first-aid certification. Over 20 employee representatives from various departments participated                                                        rescue of poisoned personnel, and environmental monitoring. Participants responded quickly and
                                             in the training.                                                                                                                                                    cooperated in an orderly manner, effectively improving their coordinated response and practical
                                             Centered on practical operations, the instructors provided hands-on guidance to trainees on first-aid skills                                                        rescue capabilities under emergency conditions. The drill further reinforced employees’ safety
                                             such as cardiopulmonary resuscitation (CPR) and the use of AED, meticulously correcting details like com-                                                           awareness, tested the operability of the emergency response plan, and provided strong support
                                             pression depth and frequency. Trainees practiced in groups, honing their skills in strict accordance with                                                           for the Company’s safe production.
                                             certification standards to effectively master first-aid response capabilities in emergency situations. This
                                             training effectively strengthened employees’ safety awareness and emergency response skills, establishing
                                             a robust safeguard for the enterprise’s safe production and the health of its employees.                                                                                                                                                                                           Poisoning Emergency Drill
                                                                                                                                                                                                                                                            Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                       Smart Connectivity Drives,                  Ecological Synergy Fuels, Shouldering          Empowering Employees, Gathering               Co-existence and Mutual Benefit,                  Silicon Materials
        Building a New Vision of Growth                        Innovation Ushers in a New Era                    the New Mission of the Times                 New Momentum for the Team                  Building a Beautiful New Landscape                 Co.,Ltd.
              Co-existence and Mutual Benefit
              Building a Beautiful New Landscape
                                                                                                                                                     Our Performance
                                                                                                                                                     The signing rate of the "Anti-Bribery Pledge" among core suppliers reaches 100%
                 Our Actions                                                                                                                         Cumulative donation amount over the past three years: 144,200 RMB
                                                                                                                                                     Four academic papers published through industry-university-research collaboration
                 • Responsible Supply Chain                           • Fulfilling Social Responsibilities
                                                                                                                                                     Four patents jointly applied for
                 • Facilitating Industry Development
                                                                                                                                                     Led and participated in the drafting of   8 standards, including 2 national standards, 2 industry
                                                                                                                                                     standards, and 4 group standards.
                                                                                                                                                                                                                                                                                                                            Jinsanjiang(Zhaoqing)
      Advancing Governance with Leadership,                                        Smart Connectivity Drives,                                           Ecological Synergy Fuels, Shouldering               Empowering Employees, Gathering                               Co-existence and Mutual Benefit,                  Silicon Materials
         Building a New Vision of Growth                                         Innovation Ushers in a New Era                                             the New Mission of the Times                      New Momentum for the Team                                  Building a Beautiful New Landscape                 Co.,Ltd.
            Responsible Supply Chain                                                                                                                                                            Supplier Selection
                                                                                                                                                                                                To effectively implement the requirements of relevant systems such as the Procurement Management System and the Supplier
                                                                                                                                                                                                Selection and Evaluation Control Procedures, and to comprehensively strengthen supplier admission management, the Company
Against the backdrop of an era where the concept of sustainable development has been widely embraced, JSJ actively integrates                                                                   has established a rigorous and all-encompassing comprehensive evaluation system. During the evaluation process, the Company
sustainability into its corporate operations. In 2025, the Company will revise a series of institutional documents, including the Pro-                                                          conducts a holistic assessment of suppliers across multiple key dimensions, including product quality, compliance, delivery capabil-
curement Management System, Supplier Selection and Evaluation Control Procedures, Logistics Management System, and Supplier                                                                     ity, environmental protection and safety, and pricing. A stringent monthly review and scoring system is strictly enforced. If a supplier
Quality System Audit Clauses and Requirements, making specific updates regarding the compliance of procurement requisition                                                                      scores below 90 points under this scoring system, it must implement effective corrective actions to enhance its overall performance.
forms, the supplier development process, and the performance evaluation of logistics suppliers, among others. Additionally, this year,                                                          To ensure that suppliers actively adhere to ESG standards, the Company explicitly requires them to sign a series of crucial documents,
the Company has introduced two new procedures—Supplier Selection, Admission, and Evaluation Control Procedures - Direct Pro-                                                                    including the Supplier Quality Assurance Agreement, Supplier Environmental Agreement, Work Safety Management Agreement, Contractor
curement Category and Supplier Selection, Admission, and Evaluation Control Procedures - Indirect Procurement Category—to cater                                                                 Safety Responsibility Commitment Letter (for hazardous chemicals such as concentrated sulfuric acid), External Personnel Work Safety
to the diverse needs of its business operations. To enhance the effectiveness of these systems, the Company has further refined its                                                             Commitment, Anti-Bribery Pledge, and Confidentiality Agreement, among others.
comprehensive sustainable procurement management framework. By integrating supplier compliance declarations with a code of
                                                                                                                                                                                                The Company has formulated the 2025 Supplier Audit Plan and conducted comprehensive audits of 13 suppliers with significant
conduct, it has established a robust management system that spans the entire process from supplier admission to ongoing collabo-
                                                                                                                                                                                                procurement volumes. The audit scope encompassed quality management requirements, Good Manufacturing Practice (GMP)
ration. This system sets stringent sustainability standards for each stage, clearly delineates the responsibilities of each component in
                                                                                                                                                                                                requirements for pest control, environmental cleanliness, and other aspects. Detailed supplier audit reports were issued following the
driving the Company towards its sustainable development goals, and provides strong support for its sustainability strategy.
                                                                                                                                                                                                audits. In response to issues identified during the audits, suppliers are required to provide specific corrective actions within 15 days
                                                                                                                                                                                                and implement these measures strictly to ensure the stable, reliable, and compliant operation of the supply chain.
                                                         Sustainable Procurement Policy
                                                                                                                                                                                                                                              JSJ Supplier Onboarding Process
       Sustainable procurement planning       Sustainable procurement measures     Sustainable procurement evaluation   Sustainable procurement improvement
                                                                                                                                                                                                               Sourcing and                               Initial Data
                                                                                                                                                                                                                                                                                                      Sample Testing
                                                                                                                                                                                                              Data Collection                             Evaluation
                    Sustainable activities run through the entire lifecycle management of suppliers
                                                                                                                                                                                                                                                         Small-batch
                                                                                                                                                                                                             Contract Signing                                                                           On-site Audit
                                                                                                                                                                                                                                                          TrialUse
      Supplier selection                       Performance management                        Risk management                       Collaboration and development
                                                                                                                                                                                                To support the large-scale development of local suppliers, reduce transportation carbon emissions, and enhance the efficiency of
 •  Safety, greenness, and                    •  Anti-corruption                        •  Supplier re-exam-                         •  Supplier con-
                                              •  Quality compliance
                                                                                                                                                                                                natural resource utilization, the Company has optimized and adjusted its plywood pallet suppliers. Previously, our cooperating suppli-
     environmental protec-                                                                   ination                                     ferences
                                              •  Safety and environ-                    •  Supplier elimination                      •  Technical
                                                                                                                                                                                                ers were concentrated in areas far from our company. These enterprises were small in scale with a limited product range, and the uti-
     tion
 •  Business compliance                           mental protection                                                                      exchanges
                                                                                                                                                                                                lization of small boards remaining after plywood cutting was inadequate, resulting in a relatively high proportion of scrap materials. In
 •  Relevant diversification                  •  Legal employment                                                                                                                               2025, after screening, we introduced a local supplier from Foshan, significantly shortening the transportation distance and effectively
                                                                                                                                                                                                reducing transportation carbon emissions. Meanwhile, this supplier offers a diverse range of products, capable of producing plywood
                                                                                                                                                                                                pallets and wooden boxes in various sizes, which improves board utilization efficiency. By using large boards for pallets and small
                                                                                                                                                                                                boards for wooden boxes, the proportion of scrap materials is reduced, thereby enhancing the utilization level of natural resources
                                                         Supplier Compliance Statement                                                                                                          such as timber.
            Integrity commitment                  Prohibition of child labor             Quality commitment                  Environmental protection
                                                                 Sustainable procurement system
                                                                                                                                                                                                                                                                                                                          Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                                          Smart Connectivity Drives,                                       Ecological Synergy Fuels, Shouldering               Empowering Employees, Gathering                                Co-existence and Mutual Benefit,                  Silicon Materials
        Building a New Vision of Growth                                           Innovation Ushers in a New Era                                         the New Mission of the Times                      New Momentum for the Team                                   Building a Beautiful New Landscape                 Co.,Ltd.
 Case              Unannounced Inspections Drive Quality Improvement among Suppliers                                                                                                                                                                                                                        Quality Compliance
                                                                                                                                                                                             JSJ enforces stringent admission requirements for raw and auxiliary material suppliers. Suppliers must obtain ISO9001 quali-
        In 2025, to strengthen supplier quality management and elevate the overall level of the supply chain, the Company conducted unannounced                                              ty management system certification and ISO14001 environmental management system certification, sign the “Product Quality
        inspections on two suppliers, effectively facilitating improvements in their quality management.                                                                                     Assurance Agreement” and the “Supplier Environmental Agreement,” and commit to ensuring that the content of hazardous
        During an unannounced inspection in July 2025, a potential risk of insect intrusion into the production environment was identified at one of                                         substances in their supplied products complies with the requirements of the EU RoHS Directive. They must guarantee product
        the suppliers. The introduction of insects could contaminate products and compromise their hygiene and safety indicators. In response, the                                           quality during transportation, preventing physical, chemical, and biological contamination. Products must be strictly controlled
        Company recommended that the supplier enhance physical protection measures in the production area. The supplier responded promptly by
                                                                                                                                                                                             during production, processing, and transportation to prevent intentional damage and contamination. Packaging materials must be
        installing fine protective screens at key entrances and vents of the production workshop, effectively blocking insects from entering the produc-
                                                                                                                                                                                             non-toxic, harmless, and free of pungent odors. Meanwhile, the Company regularly or irregularly audits suppliers’ quality manage-
        tion area and safeguarding product quality at the environmental source.
                                                                                                                                                                                             ment systems to ensure a stable and reliable supply chain.
        In October of the same year, an inspection of another supplier focused on the product packaging and transfer processes. It was found that
        lapses in the packaging process made it easy for foreign matter such as fallen leaves to be introduced during transfer, posing a potential threat
                                                                                                                                                                                                   Safety and Environmental Protection
        to the product's performance. To address this issue, the Company guided the supplier in comprehensively optimizing its packaging process
        and assisted in improving manual inspections, environmental cleaning, and packaging methods. This effectively prevented the introduction of                                              The Company requires core suppliers to provide system certificates such as ISO 45001 Occupational Health and Safety Man-
        foreign matter during transfer and ensured the product's quality remained intact prior to delivery.
                                                                                                                                                                                                 agement System and ISO 22000 Food Safety Management System. The “Supplier Environmental Agreement” is signed with core
                                                                                                                                                                                                 suppliers, requiring them to strengthen environmental protection efforts.
                                                                                                                                                                                                 • Raw materials: Raw materials must comply with relevant national, local, and industry laws and regulations on environmental
                                                                                                                                                                                                   protection.
                                                                                                                                                                                                 • Production equipment: Priority should be given to adopting pollution-free or low-pollution production processes and equip-
                                                                                                                                                                                                   ment. Production processes or equipment prohibited by national or local regulations must not be used.
                                                                                                                                                                                                 • Pollutants: Measures must be actively taken to treat excessive pollutants (wastewater, exhaust gas, solid waste, noise, etc.)
ESG Performance Management for Admission                                                                                                                                                           discharged during the production process. Feasible plans should be formulated to meet national or local discharge standards
                                                                                                                                                                                                   within specified time limits.
                                                                                                                                                                                                 • Packaging materials: Priority should be given to recyclable packaging materials to avoid resource waste. Measures should be
      Anti-Corruption                                                                                                                                                                              taken to prevent the operating environment from being polluted due to spillage, leakage, dripping, or overflow.
     JSJ adheres to the principles of integrity and self-discipline, striving to create a fair, transparent, and                                                                                 • Transportation vehicles: Exhaust emissions, noise, and washing wastewater from transportation vehicles must comply with
     efficient business cooperation environment. To establish a robust line of defense against corrup-                                                                                             relevant laws and regulations.
     tion from the source, the Company solemnly signs the “Anti-Bribery Pledge” with its core suppliers,
     explicitly and strictly requiring them to establish a comprehensive anti-corruption management                                                                                                                                                                                                         Legal Employment
     system and resolutely eliminate all forms of illegal and unethical conduct such as embezzlement,                                                                                        In the “Procurement Framework Agreement,” it is explicitly stated that suppliers are required to fulfill the following social respon-
     unfair competition, fraud, and bribery.                                                                                                                                                 sibilities: The use of child labor, forced labor, and involvement in human trafficking are strictly prohibited. Compliance with regu-
     In terms of internal supervision and process standardization, JSJ adopts a multi-pronged ap-                                                                                            lations on working hours, remuneration, etc., and the purchase of social insurance for employees are mandatory. Products must
     proach. The Company conducts annual internal audits in an orderly manner, scrutinizing various                                                                                          be manufactured under the principles of environmental protection, occupational health, and safety. Environmental protection
     business processes with a rigorous attitude. For direct and indirect procurement, the strictness of                                                                                     measures should be taken, and a sound safety management system should be established to protect employees from health and
     the processes is reasonably differentiated based on the nature of the procurement. Additionally,                                                                                        safety threats, thereby building a fair, sustainable, and responsible supply chain.
     during special periods such as holidays when integrity risks are relatively high, the Company active-
     ly promotes the concept of integrity through channels like social media circles and WeChat com-
                                                                                                                                                                                             In 2025, to further strengthen quality management over suppliers, the Company established the SQE (Supplier Quality Engineer) posi-
     munication groups, reinforcing the integrity awareness of both suppliers and internal employees.
                                                                                                                                                                                             tion. This role carries multiple significant responsibilities, including conducting quality audits during the supplier development phase,
     To fully motivate suppliers’ enthusiasm for participating in joint integrity-building efforts, JSJ strongly encourages them to report                                                   performing annual audits and monthly performance evaluations of suppliers, as well as closely monitoring the quality of products
     any violations of the “Anti-Bribery Pledge.” To provide suppliers with convenient and unimpeded reporting channels, the                                                                 supplied by them. For non-conforming raw materials, the SQE engages with suppliers to implement improvement measures, follows
     Company has specifically included a reporting email address in the “Anti-Bribery Pledge.” Once a supplier discovers any violation, they                                                 up on the completion of rectifications, and confirms the effectiveness of corrections, providing comprehensive guidance to enhance
     can directly report it via email. JSJ solemnly promises that all reported information received will be thoroughly investigated with                                                     suppliers’ quality management capabilities. Since the establishment of this position, remarkable results have been achieved, with the
     a serious and impartial attitude, and effective corrective measures will be taken based on the investigation results to safeguard                                                       qualification rate of raw and auxiliary materials significantly rising from 88.93% in 2024 to 94.24% in 2025, demonstrating notable ef-
     honest and clean cooperative relationships, thereby escorting the Company’s sustainable development and the healthy and                                                                 fectiveness.
     orderly development of the industry.
                                                                                                                                                                                                                                                                                                                                                Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                                      Smart Connectivity Drives,                                               Ecological Synergy Fuels, Shouldering               Empowering Employees, Gathering                                         Co-existence and Mutual Benefit,                           Silicon Materials
        Building a New Vision of Growth                                       Innovation Ushers in a New Era                                                 the New Mission of the Times                      New Momentum for the Team                                            Building a Beautiful New Landscape                          Co.,Ltd.
Risk Management for Existing Suppliers                                                                                                                                                             Case             Introducing Eco-Friendly Pallets to Build a Low-Carbon Product Supply Chain
Supplier Re-evaluation: For core suppliers, the Company continuously employs various methods such as on-site audits, questionnaires,                                                                    In active response to the sustainable development strategy and with a view to effectively reducing carbon emissions and energy consumption,
                                                                                                                                                                                                        JSJ has focused on optimizing its product supply chain by introducing eco-friendly molded pallets to replace some plywood pallets, achieving
and meeting communications to comprehensively evaluate their ESG performance. Based on the evaluation results, the Company
                                                                                                                                                                                                        remarkable results.
actively provides robust support for suppliers’ sustainable capacity building. Meanwhile, in accordance with supplier performance
management requirements, suppliers are regularly assessed comprehensively across multiple dimensions including quality,                                                                                 In the selection of pallet materials, we opted for eco-friendly molded pallets. Using small-diameter timber and agricultural and forestry resi-
                                                                                                                                                                                                        dues as key raw materials, these pallets are formed through a high-temperature and high-pressure molding process. This innovative process
compliance, delivery, cost, and ESG performance. For suppliers scoring below 90 points, the Company explicitly requests them
                                                                                                                                                                                                        not only enables the recycling of resources but also significantly enhances the utilization rate of wood resources to over 95%, effectively reduc-
to implement corrective actions.                                                                                                                                                                        ing excessive reliance on and consumption of natural resources at the source. This characteristic not only streamlines the export process but
Supplier Elimination: JSJ implements a grading management system ranging from Grade A to Grade D. Regular on-site audits are                                                                            also substantially reduces carbon emissions and energy consumption during transportation, laying a solid foundation for the Company's path
                                                                                                                                                                                                        towards green development.
conducted at supplier factories, and corresponding actions are taken based on the assessment results: For suppliers scoring below
the past year, the Company will resolutely revoke their qualified supplier status. The Company formulated the 2025 Supplier Audit
Plan, auditing 13 suppliers and issuing supplier audit reports. Specific rectification requirements were clearly put forward for issues
identified during the audits. Suppliers are required to respond with rectification measures within 15 days and strictly implement the
rectification work in accordance with these measures.                                                                                                                                            In 2025, to enhance the sustainable development capabilities of the supply chain and strengthen suppliers’ management of ESG is-
                                                                                                                                                                                                 sues such as product quality, labor safety, and human rights, JSJ conducted a series of communication and training activities.
                                             Score ranges from 90 to 100 points                                                                                                                         Theme                                                                          Content
                             Grade A
                             Grade B           Score ranges from 80 to 89 points
                                                                                                                                                                                                                               We engaged in in-depth communication and training with suppliers of paper bags, ton bags, and composite bags in
                                                                                                                                                                                                                               Jiangmen, Shanghai, Wenzhou, and other locations regarding foreign matter identification and prevention.
                             Grade C              Score ranges from 65 to 80 points
                                                                                                                                                                                                    Product Quality            Following the implementation of the new national standard for sulfuric acid, the Company provided specialized train-
                             Grade D                Score is below 65 points (Qualified supplier status may be revoked depending on the circumstances)                                                                         ing to four sulfuric acid suppliers on technical indicators and testing methods to ensure compliance with raw material
                                                                                                                                                                                                                               quality standards.
Responsibility Transmission and Green Procurement                                                                                                                                                   Labor Safety and           We prioritize the safety of sulfuric acid transportation and organized all transportation staff from sulfuric acid suppli-
                                                                                                                                                                                                     Human Rights              ers to participate in safety training. The training covered safety regulations, and participants signed the "Contractor
                                                                                                                                                                                                       Protection              Employee Safety Responsibility Commitment Letter" to clarify safety responsibilities and safeguard employee rights.
JSJ promotes the concept of sustainable development and shares experiences and methods related to ESG management with sup-
pliers through procurement contracts and supplier meetings. We empower suppliers in building capacity for compliance resilience
                                                                                                                                                                                                                               The Company promotes suppliers' transition to clean energy for carbon reduction. We communicated with three so-
and sustainable development, assisting them in enhancing their ESG performance to jointly create a green supply chain. Externally,                                                                    Clean Energy
                                                                                                                                                                                                                               dium silicate suppliers regarding energy utilization transformation, with one already replacing bituminous coal with
we regularly communicate with suppliers through meetings, forging closer partnerships to collectively drive sustainable develop-                                                                       Transition
                                                                                                                                                                                                                               natural gas.
ment.
While upholding the bottom line of product quality and food safety, we consistently integrate the concept of sustainable development
deeply into every aspect of corporate operations. Particularly in the selection and use of packaging materials, we actively explore and                                                          In addition, the Company engaged in comprehensive exchanges on ESG practices with a paper bag supplier in Shanghai that has
implement a series of innovative measures, striving for a win-win situation between environmental protection and business develop-                                                               obtained ECOVADIS certification, covering areas such as the environment, labor and human rights, business ethics, and sustainable
ment. In the selection of packaging materials, we vigorously promote a leased shared pallet model. By establishing long-term coop-                                                               procurement. Through mutual learning and sharing, both parties jointly improved their ESG management levels and advanced the
erative relationships with professional pallet leasing service providers, we have gradually reduced the proportion of single-use pallets.                                                        sustainable development of the supply chain.
Compared to single-use pallets, shared pallets offer significant advantages of being recyclable and reusable, effectively reducing the
consumption of natural resources such as timber and significantly minimizing environmental pollution caused by the disposal of
single-use pallets. For the packaging management of consumables such as alcohol, we have established a comprehensive empty
container recycling mechanism, designating dedicated personnel responsible for the unified collection, classification, and storage of
used alcohol empty containers.
                                                                                                                                                                                                                                                                                                                                                                              Jinsanjiang(Zhaoqing)
                                           Advancing Governance with Leadership,                                          Smart Connectivity Drives,                                       Ecological Synergy Fuels, Shouldering           Empowering Employees, Gathering                                         Co-existence and Mutual Benefit,                           Silicon Materials
                                              Building a New Vision of Growth                                           Innovation Ushers in a New Era                                         the New Mission of the Times                  New Momentum for the Team                                            Building a Beautiful New Landscape                          Co.,Ltd.
                                                    Facilitating Industry Development                                                                                                                                              Case          JSJ's Silica for Battery Separators Shines Brightly at a Major Event in the Storage Battery Industry
                                                                                                                                                                                                                                      From April 21 to 22, 2025, JSJ makes an appearance at the 2025 Annual Members'
                                                                                                                                                                                                                                      Meeting of the Storage Battery Branch of the China Electrical Equipment Industrial
Promoting Industry Prosperity
                                                                                                                                                                                                                                      Association garnered widespread attention within the storage battery industry. As an
                                                                                                                                                                                                                                      innovator in battery separator materials, JSJ showcased its silica material for battery
                                                                                                                                                                                                                                      separators, presenting its latest achievements in enhancing battery performance,
                                                                                                                                                                                                                                      safety, and lifespan. This event brought together industry elites to explore cutting-edge
JSJ actively engages in technical cooperation with research institutions, industry associations, universities, and other entities, par-                                                                                               technologies, providing an excellent platform for exchanging insights and discuss-
ticipating in the formulation of industry and enterprise standards, industry-university-research collaboration, and industry exchange                                                                                                 ing development, with continuous displays of innovative technologies and products
                                                                                                                                                                                                                                      throughout.
activities to drive industry prosperity.
                                                                                                                                                                                                                                      JSJ became a focal point thanks to its high-quality products and technological
                                                                                                                                                                                                                                      prowess. The silica for battery separators boasts exceptional physical and chemical
                                                          JSJ is actively involved in the construction of industry standards. By the end of 2025, the Company has led and participated in the
                                                                                                                                                                                                                                      properties, effectively improving overall battery performance and enabling stable
                                                          compilation of a total of eight standards, including two national standards, two industry standards, and four group standards.
                                                                                                                                                                                                                                      operation under various operating conditions.
 Industry and Enterprise
  Standard Formulation
                                                          The national standards Test Method for Abrasion Value of Toothpaste (GB/T 35832-2025) and Calcium Phosphosilicate for Oral
                                                                                                                                                                                                                                      This event was not merely a product showcase but also an opportunity for industry exchange. JSJ leveraged this occasion to engage in
                                                          Cleaning and Care Products (GB/T 45893-2025), in which we played a significant role in drafting, have been officially released. Addi-
                                                                                                                                                                                                                                      in-depth discussions with experts, scholars, and potential customers, gaining valuable insights into market demands that will inform future
                                                          tionally, we participated in the drafting of the industry standard Functional Toothpaste (QB/T 2966-2025), which has also been pub-
                                                                                                                                                                                                                                      product development and technological innovation.
                                                          lished, contributing professional expertise to the standardized development of the industry.
                                                          At the enterprise standard level, JSJ promptly updates enterprise standards such as Colored Silica Particles for Low-Abrasion
                                                          Toothpaste and Silica-Coated Particles for Toothpaste, and publicly discloses enterprise standards including Abrasive Particles for
                                                          Toothpaste and Silica as Feed Additive, continuously elevating the industry standardization process to new heights through practical
                                                          actions.
                                                          JSJ has jointly established a Guangdong Provincial Postdoctoral Innovation Practice Base with South China University of Technology,
                                                                                                                                                                                                                                                                  JSJ's Innovative Products and Industry Solutions Shine at in - cosmetics Asia 2025                                  Case
                                                          focusing on national strategies and industrial upgrading needs. By leveraging the collaborative advantages of industry-university-re-
                                                          search, the base empowers the new material industrial cluster in the Guangdong-Hong Kong-Macao Greater Bay Area and drives the
      Industry-University-Research Collaboration
                                                          industry’s green transformation in areas such as low-carbon process innovation and renewable resource utilization.
                                                                                                                                                                                                                                      From November 4 to 6, 2025, in - cosmetics Asia 2025, a major cosmetic ingredients exhibition in Asia, was grandly held in Bangkok, Thailand.
                                                          In 2025, the Company published papers and applied for multiple patents through industry-university-research collaboration.
                                                                                                                                                                                                                                      JSJ made a remarkable appearance with a variety of self - developed silica products specifically designed for oral care and cosmetics, along
                                                          Jointly Published Papers:                                                                                                                                                   with industry solutions. It presented China's innovative breakthroughs in silica materials to the international stage, drawing extensive attention
                                                                                                                                                                                                                                      from international customers and partners.
                                                          • Structural control of carbon hollow spheres and its SiOC composite
                                                          • Fabrication of Densely Spaced Hollow Silica Spheres with Controlled Sizes Using Block Polymers for Applications as Aerogels                                               During the exhibition, JSJ's booth maintained a consistently high level of popularity. The Company adopted a relaxed and open communication
                                                                                                                                                                                                                                      approach, organizing various themed exchange meetings. Through discussions on material and technology applications, it engaged in in -
                                                          • Shape-stabilized polyethylene glycol composite phase change materials based on dendritic mesoporous silica sphere support for
                                                                                                                                                                                                                                      depth interactions and ideological exchanges with international industry peers.
                                                           thermal energy storage
                                                          • Preparation and structural control of hollow porous carbon and silica nanofiber
                                                          Joint Patent Applications:
                                                          • Preparation Method and Application of Carbon-Coated Lithium Ferrosilicate (Application No.: 2025114828400)
                                                          • Phase Change Material Microcapsules and Their Preparation Method and Application (Application No.: 2025114961515)
                                                          • In-situ Carbon-Doped Modified Lithium Ferrosilicate and Its Preparation Method (Application No.: 2025115026483)
                                                          • Ceramifiable Silicone Rubber for Power Batteries and Its Preparation Method (Application No.: 2025115847803)
Industry Exchange
                                                          The Company regularly organizes industry exchange meetings and thematic seminars, establishing an open and shared communica-
    Activities
                                                          tion platform to discuss cutting-edge silica technologies with industry experts and jointly enhance the overall competitiveness of the
                                                          industry.
                                                                                                                                                                                                                                                                                                                                          Jinsanjiang(Zhaoqing)
     Advancing Governance with Leadership,                                            Smart Connectivity Drives,                                         Ecological Synergy Fuels, Shouldering               Empowering Employees, Gathering                                         Co-existence and Mutual Benefit,                     Silicon Materials
        Building a New Vision of Growth                                             Innovation Ushers in a New Era                                           the New Mission of the Times                      New Momentum for the Team                                            Building a Beautiful New Landscape                    Co.,Ltd.
 Case             JSJ Makes Its Debut at the BCI 2025 Annual Convention + Power Mart Expo in the United States
                                                                                                                                                                                                          Fulfilling Social Responsibilities
       From May 4 to 7, 2025, JSJ made its debut at the BCI 2025 Annual Convention + Power
       Mart Expo, a highly influential industry event in North America. Organized by BCI, a leading
       trade association in the region, the convention focuses on cutting-edge technologies,                                                                                                     In the course of globalization, JSJ has consistently placed emphasis on social welfare, striving to fulfill its corporate social respon-
       industry trends, and sustainable development, thereby serving as a significant plat-
                                                                                                                                                                                                 sibilities through business innovation, charitable donations, and employee volunteer activities aimed at improving community infra-
       form for demonstrating corporate capabilities and expanding international cooperation.
                                                                                                                                                                                                 structure and supporting the development of rural communities.
                                                                                                                                                                                                 In the realm of community public welfare, JSJ has always upheld an attitude of active engagement and assumed responsibility with
       During the exhibition, JSJ achieved substantial outcomes in industry networking,
       product promotion, and partnership development, leading to a notable enhancement of
                                                                                                                                                                                                 courage. By 2025, the Company had invested 113,600.00 yuan in community public welfare initiatives during that year, with cumu-
       its international visibility and influence. Moving forward, JSJ will take this exhibition as a                                                                                            lative donations over the past three years totaling 144,200.00 yuan. These figures vividly and powerfully demonstrate our sustained
       new starting point to further strengthen internal management and increase investment                                                                                                      commitment and unwavering sense of responsibility towards community public welfare undertakings.
       in research and development to elevate product innovation capacity. Simultaneously, the
       Company will deepen collaboration with industry peers and research institutions to jointly address technical challenges. Adhering to a customer-cen-
       tric approach, JSJ will continuously refine its service system and advance toward the international market with a more resolute and strategic pace.
                                                                                                                                                                                                   Case          Warming Hearts — The Company's Trade Union Provides Urgent Assistance to Help an Employee Overcome Difficulties
                                                                                                                                                                                                        In November 2025, a front-line production employee at JSJ faced an unexpected
                                                                                                                                                                                                        adversity at home when their child fell seriously ill, necessitating substantial medical
                  JSJ Joins Hands with Global Pharmaceutical Elites at CPHI China 2025, a Grand Pharmaceutical Gathering                                 Case                                           expenses for treatment. Simultaneously, the family came under immense pressure due
                                                                                                                                                                                                        to daily living expenses, plunging their financial situation into immediate crisis. This
                                                                                                                                                                                                        sudden blow left the employee extremely anxious, severely disrupting their normal
       From June 24 to 26, the 23rd World Pharmaceutical Raw Materials China Exhibition (CPHI China 2025) was grandly held in Shanghai. As a                                                            work state and life rhythm.
       highly influential event in the pharmaceutical industry across the Asia-Pacific region, this exhibition brought together over 3,000 pharmaceuti-                                                 Upon learning of the situation, the trade union of JSJ responded swiftly and initiat-
       cal enterprises from around the globe.                                                                                                                                                           ed emergency care procedures without delay. Union staff immediately conducted a
       As a professional supplier of silica for pharmaceutical use, JSJ made a splendid appearance with its high-quality products, demonstrating the                                                    thorough verification of the incident's authenticity and specific circumstances. After
       innovative strength of Chinese excipient enterprises to global customers. The anti-caking agent series products showcased at the exhibition                                                      confirming the facts, adhering to the principle of caring for employees and facing
       garnered the favor of numerous customers due to their exceptional fluidity and stability, while the flow aid products attracted widespread at-                                                   difficulties together, the union decided to donate 25,000 yuan in assistance funds to
       tention for their outstanding process adaptability.                                                                                                                                              the employee. This fund was earmarked specifically for the medical treatment of their
                                                                                                                                                                                                        child and the family's basic living expenses to address the urgent needs.
                                                                                                                                                                                                        Furthermore, considering the dual financial pressures of medical expenses and family expenditures faced by the employee, JSJ also provided
                                                                                                                                                                                                        them with emergency loan services to further alleviate their financial burden and assist them in navigating through this challenging period
                                                                                                                                                                                                        smoothly.
                                                                                                                                                                                                                                                   Jinsanjiang(Zhaoqing)
Appendix                                                                                                                                                                                                                                           Silicon Materials
                                                                                                                                                                                                                                                   Co.,Ltd.
Appendix I — Key Performance Data Sheet
     Environmental Performance                                        Unit                               2025              2024         Governance Indicators                      Unit                  2025                               2024
                                                                            Energy Consumption                                    Number of Directors                     People              5                                  6
 Comprehensive Energy Consumption                       Tons of standard coal                   17,044.44       16,695.00         Number of Non-Independent Directors     People              3                                  4
 Direct Energy Consumption                              Tons of standard coal                   11,006.24       11,194.35
                                                                                                                                  Number of Female Directors              People              2                                  1
 Indirect Energy Consumption                            Tons of standard coal                   6,038.19        5,500.65
                                                                                                                                  Percentage of Female Directors          %                   40                                 17
 Comprehensive Energy Consumption                       Tons of standard coal /
 Density                                                10,000 yuan revenue                                                       Number of shareholders' meetings held   Times               5                                  1
                                                                       Greenhouse Gas Emissions                                   Number of board meetings held           Times               10                                 5
                                                        Tonnes of carbon dioxide
 GHG Emissions (Scope 1+ Scope 2)                                                               43,670.61       38,353.88         Number of supervisory board
                                                        equivalent                                                                                                        Times               6                                  6
                                                                                                                                  meetings held
                                                        Tonnes of carbon dioxide
 GHG emissions (Scope 1)                                                                        21,637.61       18,221.74
                                                        equivalent
                                                        Tonnes of carbon dioxide
 GHG emissions (Scope 2)                                                                        22,033.01       20,132.15                   R&D Innovation                         Unit                  2025                               2024
                                                        equivalent
 GHG Emissions Density (Scope 1+                        Tons CO2e/ 10,000 yuan
 Scope 2)                                               revenue
                                                                            Water Resource Use                                    R&D investment as a percentage
                                                                                                                                                                          %                   3.94                                4.62
                                                                                                                                  of company's revenue
 Total Water Consumption                                10,000 tons                             114.39          95.36
                                                                                                                                  R&D workforce                           People              53                                  50
 Water Consumption Density                              Tons/10,000 yuan revenue                25.52           24.73
 Recycled Water Utilization Rate                        %                                       7.01            7.76              Number of new patents granted during
                                                                                                                                                                       /                      4                                   7
                                                                          Wastewater Discharge
                                                                                                                                  Total patent authorizations             /                   135                                 134
 Sewage Discharge Quantity                              10,000 tons                             86.80           77.15
                                                                                                                                  Total patents granted                   /                   109                                 105
 Sewage Discharge Density                               Tons/ 10,000 yuan                       18.05           20.01
                                                                          Atmospheric Pollutants                                  Total intellectual property rights      /                   154                                 150
 Particulate emission                                   Tons                                    10.65           7.95
 VOCs                                                   Tons                                    1,706.46        1,412.65
 Nitrogen Oxides Emissions                              Tons                                    4.745           3.135                   Responsible Marketing                      Unit                  2025                               2024
                                                                            Waste Management
 Hazardous Waste Emissions                              Tons                                    1.5             1.76              Lawsuits Related to False Marketing
                                                                                                                                                                      /                   0
                                                                                                                                  Claims
 Hazardous Waste Emissions Intensity                    Kg/10,000 yuan                          0.033           0.046
 Non-hazardous Waste Emissions                          Tons                                    786.92          659.56
 Non-hazardous Waste Recycling
                                                        Tons                                    786.92          659.56
 Quantity (if any)
 Non-hazardous Waste Emissions
                                                        Kg/ 10,000 yuan                         16.36           17.11
 Density
 The proportion of harmless treatment for in-
                                              %                                                 100.00          99.73
 dustrial solid waste generated in production
                                                                      Environmental Performance
 Number of Environmental Violation Penalties            Cases                                   0               0
                                                                                                                                                                                                                                                                                                                                                                                Jinsanjiang(Zhaoqing)
Appendix                                                                                                                                                                                                                                                                                                                                                                        Silicon Materials
                                                                                                                                                                                                                                                                                                                                                                                Co.,Ltd.
          Employee recruitment                                            Unit                                        2025                                           2024                                   Health and Safety                                            Unit                                        2025                                            2024
 Total number of employees                                     People                                     385                                           374                                    Amount of investment in
                                                                                                                                                                                                                                                              Yuan                                       358,414                                       353,181
                                                                                                                                                                                               safety production
                                                                                  Divided by gender
                                                                                                                                                                                               Number of people suffering
 Total number of male employees                                People                                     269                                            266                                                                                                  People                                     0                                             0
                                                                                                                                                                                               from occupational diseases
 Total number of female employees                              People                                     116                                            108                                   Number of safety training sessions                             /                                          54 3                                          13
                                                                                     Divided by age                                                                                            Number of employees participating
                                                                                                                                                                                                                                                              People                                     385                                           374
 The total number of employees aged                                                                                                                                                            in safety training
                                                               People                                     124                                           126
                                                                                                                                                                                                                                                              Hour                                       82.4                                          81
 The total number of employees aged                                                                                                                                                            per person
                                                               People                                     219                                           203
 The total number of employees                                                                                                                                                                 Number of deaths due to work-
                                                               People                                     42                                            45                                                                                                    People                                     0                                             0
 over 50 years old                                                                                                                                                                             related incidents
                                                                                   Divided by region                                                                                           Hours of work-related injury loss                              Hour                                       0                                             0
 Employees in Mainland China                                   People                                     375                                            370
 Staff from Hong Kong, Macau, Taiwan
                                                               People                                     10                                             4
 and overseas                                                                                                                                                                                             Number of suppliers                                            Unit                                        2025                                            2024
                                                                                    Divided by level
                                                                                                                                                                                               Total number of suppliers                                      Number                                    278                                            269
 Senior management                                             People                                     24                                             21
                                                                                                                                                                                                                                                                                 Divided by region
 Middle-level                                                  People                                     28                                             28
                                                                                                                                                                                               East region                                                    Number                                    216                                             210
 Grassroots                                                    People                                     333                                            325
                                                                                                                                                                                               Central region                                                 Number                                    10                                              9
 Number of disabled employees hired                            People                                     4                                              4
                                                                                                                                                                                               Northeast region                                               Number                                    3                                               3
 Proportion of disabled employees                              %                                          0.01                                           0.01
                                                                                                                                                                                               West region                                                    Number                                    9                                               8
 Number of veteran employees                                   People                                     4                                              5
                                                                                                                                                                                               South region                                                   Number                                    40                                              39
 Proportion of veterans                                        %                                          0.01                                           0.01
                                                                                                                                                                                               Supplier localization ratio
 Proportion of female executives                               %                                          0.38                                           0.30                                                                                                 %                                         15                                             13
                                                                                                                                                                                               (local procurement ratio)
 Rate of labour contract signing                               %                                          100                                           100
 Social insurance coverage rate                                %                                          100                                           100
 Employee turnover rate                                        %                                          32                                            21                                             Community investment                                              Unit                                        2025                                            2024
                                                                                                                                                                                               Amount of investment in public
                                                                                                                                                                                                                                                              Yuan                                       113,600.00                                     6,000.00
                                                                                                                                                                                               welfare in 2025
         Training hours received                                          Unit                                        2025                                           2024
                                                                                                                                                                                               Total accumulated donation amount
                                                                                                                                                                                                                                                              Yuan                                       144,200.00                                     46,200.00
                                                                                                                                                                                               over the past three years
 Number of participants in employee
                                                               People                                    385                                            374
 training
 Total duration of employee training                           Hour                                      16,038.36 2                                    4,003.00
 Average training duration per
                                                                                                                                                                                                       Economic Performance                                              Unit                                        2025                                            2024
                                                               Hour                                      41.66                                          10.17
 employee
                                                                                                                                                                                               Total assets                                              10,000 yuan                                 78,206.59                                     73,085.00
                                                                 Number of trained individuals by gender
                                                                                                                                                                                               Revenue                                                   10,000 yuan                                 44,814.86                                     38,554.95
 Number of male employees trained                              People                                    269                                            266
                                                                                                                                                                                               Total profit                                              10,000 yuan                                 8,767.76                                      6,058.93
 The number of female employees trained                        People                                    116                                            108
                                                                                                                                                                                               Net rate of return to parent                              %                                           17.05                                         13.84
                                                                   Total trained hours divided by gender
                                                                                                                                                                                               TAX payment                                               10,000 yuan                                 3,121.83                                      2,968.68
 Total training hours for male employees                       Hour                                      11,130.16                                      2,847.05
 Total hours of training received by                                                                                                                                                           Gearing ratio                                             %                                           19.23                                         19.31
                                                               Hour                                      4,908.2                                        1,155.95
 female employees                                                                                                                                                                              Basic EPS                                                 Yuan/share                                  0.33                                          0.23
learning and training modules.
                                                                                                                                                                                                                                                                         Jinsanjiang(Zhaoqing)
Appendix                                                                                                                                                                                                                                                                 Silicon Materials
                                                                                                                                                                                                                                                                         Co.,Ltd.
Appendix II — GRI Standard                                                                                                                              GRI                      Description                                          Corresponding Chapter
                                                                                                                                                                                               GRI 205 Anti-corruption 2016
                                                                                                                                                              Operations assessed for risks related to corrup-      Precise Governance Leads the Way, Charting a New Vision
                                                                                                                                                              tion                                                  for Development
        GRI                              Description                                               Corresponding Chapter                                      Communication and training about anti-corrup-         Precise governance leads the way, shaping a new vision for
                                                                                                                                                              tion policies and procedures                          development
                                                       GRI 2 General disclosure 2021                                                                                                                                Precise Governance Leads the Way, Charting a New Vision
                                                The organization and its reporting practices                                                                                                                        for Development
                      Entities included in the organization’s sustainabil-                                                                                    Legal actions for anti-competitive behavior, an-      Precise governance leads the way, shaping a new vision for
                      ity reporting                                                                                                                           ti-trust, and monopoly practices                      development
                                                                                                                                                                                                                    Appendix 1 Key Performance Indicators for 2025
                                                                                                                                                                                                                    Ecological Collaboration, Embracing a New Era Mission Ap-
                                                            Activities and worker                                                               302-3         Energy intensity
                                                                                                                                                                                                                    pendix 1 Key Performance Indicators for 2025
                                                                                 Empower employees and unite the team with new momen-           302-4         Reduction of energy consumption                       Eco-collaboration, shouldering the new mission of the era
                                                                                 tum
                                                                                                                                                              Reductions in energy requirements of products
                                                                  Governance                                                                    302-5                                                               Eco-collaboration, shouldering the new mission of the era
                                                                                                                                                              and services
                                                                                 Precision Management Leads the Way, Charting a New Vi-                                                    GRI 303 Water and Effluents 2018
                                                                                 sion for Development
                      Role of the highest governance bodyin overseeing Precise Governance Leads the Way, Charting a New Vision
                      the management of impacts                        for Development                                                          303-2         Management of water discharge-related impacts         Eco-collaboration, shouldering the new mission of the era
                                                                        Precision Management Leads the Way, Charting a New Vi-                  303-4         Water discharge                                       Appendix 1 Key Performance Indicators for 2025
                                                                        sion for Development
                                                                                 Precise governance leads the way, shaping a new vision for
                                                                                 development
                                                                                 Precise governance leads the way, shaping a new vision for     305-1         Direct (Scope 1) GHG emissions                        Appendix 1 Key Performance Indicators for 2025
                                                                                 development
                                                      Strategy, policies and practices
                                                                                 Precision leadership steers the course, shaping a new vision
                                                                                 for development
                                                                                 Precise governance leads the way, shaping a new vision for                   Nitrogen oxides (NOx), sulfur oxides (SOx), and
                                                                                 development                                                                  other significant air emissions
                                                          Stakeholder engagement                                                                              Waste generation and significant waste-related
                                                                                                                                                              impacts
                                                                                 Precise Governance Leads the Way, Charting a New Vision
                                                                                 for Development
                                                         GRI 3 Material Topics 2021                                                             306-3         Waste generated                                       Appendix 1 Key Performance Indicators for 2025
                                                                                 Precise Governance Leads the Way, Charting a New Vision                                          GRI 308 Supplier Environmental Assessment 2016
                                                                                 for Development
                                                                                                                                                              New suppliers that were screened using environ-       Symbiosis and mutual benefit, building a new era of shared
                                                                                 Precise Governance Leads the Way, Charting a New Vision                      mental criteria                                       prosperity
                                                                                 for Development
                                                                                                                                                              Negative environmental impacts in the supply          Symbiosis and mutual benefit, building a new era of shared
                                                                                 Precise governance leads the way, shaping a new vision for                   chain and actions taken                               prosperity
                                                                                 development
                                                                                                                                                                                                GRI 401 Employment 2016
                                                   GRI 204 Procurement Practices 2016
                                                                                                                                                              Benefits provided to full-time employees that are
                                                                                                                                                                                                                                                             Jinsanjiang(Zhaoqing)
Appendix                                                                                                                                                                                                                                                     Silicon Materials
                                                                                                                                                                                                                                                             Co.,Ltd.
        GRI                             Description                                              Corresponding Chapter
                                                                                                                                                     Appendix III — Abbreviation
                                            GRI 403 Occupational Health and Safety 2018
                     Occupational health and safety management                Intelligent Connectivity Drives Innovation into a New Era
                     system                                                   Empower employees and harness new team momentum
                     Hazard identification, risk assessment, and inci-        Intelligent Connectivity Drives Innovation into a New Era
                     dent investigation                                       Empower employees and harness new team momentum
                                                                              Intelligent Connectivity Drives a New Era of Innovation Em-
                                                                              power employees and harness new team momentum
                     Worker participation, consultation, and communi-         Intelligent Connectivity Drives a New Era of Innovation and Explora-
                     cation on occupational health and safety                 tion Empower employees and unite the team with new momentum
                                                                                                                                                       SDGs: Sustainable Development Goals;
                                                                              Intelligent Connectivity Drives a New Era of Innovation and Explora-
                                                                              tion Empower employees and harness new team momentum
                                                                              Intelligent Connectivity Drives Innovation, Ushering in a New
                                                                              Era Empower employees and harness new team momentum                      CNAS: China National Accreditation Service for Conformity Assessment;
                     Prevention and mitigation of occupational health and     Intelligent Connectivity Drives Innovation into a New Era
                     safety impacts directly linked by business relationships Empower employees and harness new team momentum
                                                                                                                                                       CRM: Customer Relationship Management;
                     Workers covered by an occupational health and            Intelligent Connectivity Drives Innovation, Opening a New Era Em-
                     safety management system                                 power employees and unite the team with new momentum
                                                                                                                                                       DCS: Distributed Control System;
                                                                              Intelligent Connectivity Drives a New Era of Innovation Em-
                                                                              power employees and harness new team momentum                            MOM: Manufacturing Operations Management;
                                                 GRI 404 Training and Education 2016
                                                                                                                                                       SAP: Systems, Applications, and Products in Data Processing;
                     Programs for upgrading employee skills and tran-
                     sition assistance programs
                                            GRI 405 Diversity and Equal Opportunity 2016
                                                                              Precise governance leads the way, shaping a new vision for devel-        CCP: Critical Control Point;
                                                                              opment Empower employees and harness new team momentum
                                                   GRI 406 Anti-discrimination 2016                                                                    GMP: Good Manufacturing Practice;
                                                          GRI 408 Child Labor 2016                                                                     PPE: Personal Protective Equipment;
                     Operations and suppliers at significant risk for
                     incidents of child labor                                                                                                          COD: Chemical Oxygen Demand;
                                               GRI 409 Forced or Compulsory Labor 2016
                     Operations and suppliers at significant risk for                                                                                  VOC: Volatile Organic Compounds;
                     incidents of forced or compulsory labor
                                               GRI 414 Supplier Social Assessment 2016                                                                 TCFD: Task Force on Climate-related Financial Disclosures;
                                                                              Symbiosis and mutual benefit, building a new era of shared pros-
                                                                              perity
                                                                                                                                                       ROHS: Restriction of Hazardous Substances;
                     Negative social impacts in the supply chain and actions
                     taken
                                               GRI 416 Customer Health and Safety 2016
                     Assessment of the health and safety impacts of
                     product and service categories
                                                 GRI 417 Marketing and Labeling 2016
                     Requirements for product and service information
                     and labeling
                     Incidents of non-compliance concerning market-
                     ing communications

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