Environmental, Social and Governance (ESG) Report
QiaoYin City Management Co., Ltd.
CONTENTS Solid Foundation
Compliance for Long-Term
Development
Corporate Governance 23
Livable Services
Harmonious
Communities
Customer Relationship Management 45
Compliance and Risk Management 25 Employee Relationship Management 46
Chairman’s Message Business Ethics 26 Occupational Health and Safety 55
???ò?Y???ê? Information Security Protection 27 Community Relationship Management 61
Sustainable Development Governance 13
ESG Management 13
Stakeholder Communication 14
Eē??×êh??×·/??òē×?·ē×?ò 15
Green Engine Innovation Driven
Beautiful China Urban Upgrading
Appendix 83 Climate Change Response 31 Enhancing Urban Services 65
Description of Report Preparation 83 Environmental Management 35 Research and Development Innovation 75
ESG Performance Table 84 Resource Utilization 38 Product Quality 77
ESG Indicator Index 86 Circular Economy 40 Supplier Management 78
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Chairman’s Message In this year
We carried out a series of care activities covering all employees, focusing on special
In 2025, amid turbulent times and accelerated upgrading of urban services, we remained committed to the vision of comprehensive groups, and featuring diverse content and formats.
improvement of the human living environment. Through strengthening internal capabilities and working together to overcome
challenges, we delivered a report card featuring innovation driven breakthroughs in service quality and AI empowerment.
h???ē??? ?×ē? '?ò????? \×??×ò ??×ē? %??ò?ē×?ò? ??×??? ?? ē?? ??????? ?? ?????×ò? ?×ò·??? ê???? ··???êē×ò? ???ē ?×?ē????
êê??×ē×ò??????ē?ò??×??ē????ê×???ò???ê?êê×ò????ê×·??ê????????ò?×?×ê×ē×???????·?????ò·????????·?????ê???×ēê×?ē×?ò
and caring education assistance, while taking into account the improvement of urban services and people’s wellbeing, thereby practic-
In this year ing public welfare responsibilities.
We took the lead in the industry in launching the “Embodied Intelligent Urban Com-
prehensive Governance Service” model.
Building a complete governance capability system covering “Perception Governance Decision Making Execution”, and promoting the /ò ????? ē?? ò?? ????ê ?? \×??×ò? ò??ê? ē?? ?????×?? /òē?êê×??òē n??ò ???????ò?×?? '????òò·? a???×·??? ?×êê ?? ???·×êê?
upgrade of urban services from “Passive Response” to “Proactive Decision Making”. At the same time, we adhered to service as the ê?ò·????????òē?×?ò???ē?ē×ò???×òē????????ē?ê×????????ò???????×ò????????òē?×ò·ê??×ò?·×ē??ē??????ò?×??ò??òēê
foundation, deeply cultivated the core business of the city steward model, practiced green and low carbon concepts, and explored ×òò??ē×?ò?ò???ò??????ē×?·×ê×òē?êê×??ò·??×òē?êê×??òē?ò??·ē??×ò?????ò????ē×?ò?ò?·×?·?ê??·?ò??????×êêē??????ê???
?ò?×??ò??òēê ×òò??ē×?ò ē?·?ò?ê??×??? h?????? ???ò?? ?????òò·?? ?? ??×êē ò?? ????×·? ?·????ē??? ò? ē?????? ????ò aspiration for a better life as our mission, continue to comprehensively improve operational and management capabilities, and strive for
governance, we promoted a virtuous cycle of urban development. We consolidated our domestic presence while expanding into global new heights.
????ē?? ??ò·×ò? ?ē??×ê? ò? ê??×ò? ??? ē ????? ?ē??? ·?òē×ò????ê? ??ê?êê×ò? ē?? ·???×ē??òē ?? ?E?×ò? ???? ×ē? E???
Beautiful Upon Arrival”.
In this year
We built an AI ecosystem
h?? ???ē òē×?òê ???·×ê ·???×ēē?? ??? ?ē?ò????? ??×?×ò? ò? ?ò×ēē×?ò ????ē? ??? ???ò ????×·??? ??×òēê? ×ò×ē×ē?? ?? ??? ??
established in Hangzhou. We successively partnered with the national team in humanoid robotics and the national team in cloud
computing. We brought China’s comprehensive urban service solutions to the global stage and engaged in dialogue on the future with
delegations from Saudi Arabia, the United Arab Emirates, Uzbekistan, Indonesia, Thailand and other countries. At the same time, we
?ē??ò?ē??ò??ē??·????×?òò?·?êê???ē???×ē??·????ē????ēò???ē???×òēê???×ê??ê????×òē????×????ê×ē????ò????ê????òē?
In this year
We expanded our business to 27 provinces
Supporting more cities in building their “Reception Hall” brand image, and increasing the
number of cities served for “Civilized City” and “Sanitary City” initiatives to 75. We optimized
the structure of newly signed urban service orders, with a higher proportion of orders from high
??ê×ē????×?ò???·???ē?×òò?a??ē??×ò?×????×??????×ò?????×ò·ê??×ò???????ē?
management, new energy logistics, and renewable resources began to take shape, strengthen-
ing the foundation for sustainable development.
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
???ò?Y???ê? Existing Projects
Regions to Be Expanded
QiaoYin City Management Co., Ltd. (Stock Code: 002973.SZ) is a well known urban and rural
public utility service enterprise in China. Established in 2001, the Company’s business covers
more than 100 cities across 27 provinces (autonomous regions and municipalities). It serves
ò? ò????? ?? ???ò ?ò????òē ????×·? ?????·ē? ?ò?×ò? ??ò? ē?? ê??×ò? ???×ē×?ò?
nationwide. Centered on the core strategy of “Comprehensive Improvement of the Human
Living Environment”, QiaoYin leverages the synergy of multiple business segments including
integrated urban and rural environmental services, sanitation engineering construction,
water body management, municipal maintenance, landscaping maintenance, construction
waste and pollutant treatment, public property management, urban renewal, urban energy
management, urban green transportation services, and intelligent operation equipment and With a team of nearly
services, supporting high quality urban development.
Based on the needs for a better life, QiaoYin takes root in the core strategy of “Comprehensive
Improvement of the Human Living Environment” and is committed to becoming a setter of members
industry value standards, a practitioner behind people’s happy lives, a trusted contributor to
Party committees and governments, a platform builder for employees to realize their talents
more than
and dreams, and a leader in promoting urban evolution. What the Company brings is not only
???ò·ê?òê×ò???ò?????????ēê??×??????????·×?ò·?ò??ò?ò·???×ēê×ē??h???ê????
QiaoYin for urban development lies in continuously promoting urban evolution through
upgrading from urban services to urban management, urban operation, and smart urban units of equipment
governance.
over
patents
more than
?ò??ê×?ē×ò?ē?????ē???????òē??×ò·???????ò?×?????ò
services through service upgrading.
Across
years of service experience
(Autonomous Regions and Municipalities)
serving over
and more than
Building a full industry chain to achieve a closed loop business
honors cities
serving
Y????ē×ò? ??ē×?·×ê /òē?êê×??ò·? ? ×? ē? ????ê????òē ē??????
+
technological upgrading, creating a new paradigm for digital and
smart development of the urban comprehensive governance service
Invested in, Constructed, and Operated More
cities under “Civilized City”
industry, and enhancing the level of urban service development. h?ò???n??òa???×·?Y????·ē? and “Sanitary City” initiatives
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
National Sanitary Cities National Civilized Cities
In February 2022, the National Patriotic Health Campaign In November 2020, the Central Commission for Guiding
???×ēē?? M??·? òò??ò·?? ē?ēê ?? ??? Gē×?òê Cultural and Ethical Progress selected 133 National
Sanitary Cities (districts), among which QiaoYin provided ×?×ê×??? ×ē×??? ò? ??·?ò????? ò? ??ē×ò?? ē??
cleaning services for 28 cities (districts). ??ò???? ē×ēê?? ?? ??? ·×ē×?? ???? ē?? ???ē ??? ???ò?? ??
National Civilized Cities. QiaoYin provided services for 30
of these cities.
Sanitary City Benchmark Civilized City Benchmark
In 2021, supported Maoming City in successfully creating In 2020, supported Kunming City in successfully creating
a “National Sanitary City” a “National Civilized City in the First Six Rounds”
Philosophy, Strategy and Positioning
Vision Mission Core Values Management Policy
Creating opportunities for employees, creating value for
To build a world-leading brand in comprehensive improve- Beautifying every city we live in Seek excellence, be down-to-earth, make self-improve-
customers, creating returns for shareholders, and creating
ment services for the human living environment ment, be persistent, and achieve a win-win situation
??ò??ē??????·×?ē?
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Service Upgrade
Comprehensive Governance with Embodied
Intelligence
QiaoYin is committed to building a modern full domain urban service system. From proposing the “Urban and Rural Sanitation Integra-
tion” model in 2017, to releasing the “City Steward” model in 2020, to implementing the “@City” comprehensive governance model in
·?òē?×??ē?? ē? ×?????×ò? ???ò ?????òò·? ???·×?ò·?? ????·×ò? ?????ò??òē ???·?????òē ·??ē?? ò? ?ò?ò·×ò? ????ê??? ??ò?? ??
wellbeing.
nò×???Eò????òē?òMò?G?ē?????×?×ēê/òē?êê×??ò·?????????òē
????×??/òē?êê×??òē
Urban Integrated Advocating the construction of an urban governance platform, by integrating and
Governance optimizing IoT equipment, building a new generation data governance engine and AI
scheduling platform, promoting the transformation toward AI driven cities, and advanc-
ing the development of the Smart city industry.
Empowering Cities With Beauty and New Vitality
@City Comprehensive Based on the Urban Steward business, integrating multi domain resources, construct-
Governance Across ing full chain solutions covering urban investment, services, management and
the Entire Domain operation, and supporting the appreciation, operation and management level improve-
ment of urban public assets.
Addressing the Issue of “Multiple Administrations”
Urban By taking the sanitation cleaning work of a city as a whole, and expanding the industrial
Steward chain horizontally, the Company realizes integrated sanitation services, urban parking
services, Smart urban management construction, landscaping maintenance, and
municipal maintenance, providing overall market oriented management services for
public spaces.
Building an Integrated Urban and Rural Development Community
Sanitation Integration
Providing integrated sanitation service solutions from cities, counties (districts) to
towns (streets), villages and households, forming a seamless urban and rural structure,
addressing the imbalance in urban and rural development, and supporting new type
urbanization and comprehensive rural revitalization.
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Business Scope
a???òE?????×ò???Y??ē??ê×?
?ē×?·×ê/òē?êê×??ò·? 4
Urban Governance Intelligent Agent Matrix Platform
Urban Steward
Voice Government Affairs Intelligent Agent Platform
Urban and Rural Sanitation Integration Services
Property Management Services
Landscaping Maintenance
Smart Manufacturing 5
Water Area Management and Protection Smart Urban Service Operation Equipment
Municipal Maintenance ?ē×?·×ê/òē?êê×??ò·?]???ē?
Expressway Maintenance
ò?×??ò??òēêY??ē?·ē×?ò Urban Operation 6
Urban Renewal
Municipal Wastewater Treatment
Vehicle and Equipment Sales
Leachate Treatment
Smart Scenic Area Stations and Cableways
Livestock Breeding and Slaughter Wastewater Treatment
Smart Parking Lots
Hospital Wastewater Treatment
Low Altitude Inspection Operation Services
Hazardous Waste Disposal
????êē×ē???·?ò???ò??×ē×?òa???ē?ɑY??????,ò?'ê×????
Kitchen Waste Treatment
Night Market Economy
Waste Incineration Power Generation
Smart Agricultural Trade Markets
EMC Contract Energy Management (Green Energy, Virtual Power Plant)
New Energy
×?·?ê?·?ò??? 7
Shared Charging Piles ?ē?ê??×?·ē×?òò?]?·?·ê×ò???]?ò???ê?]?????·??
New Type Energy Storage Green / Professional Sorting Center
Disposal of End-of-Life Assets
Intelligent Sorting Production Line Design and Equipment Sales
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Enterprise Honors
At the “Roadshow China” Listed Company Investor Relations At the “14th Listed Company Development Annual Conference and Hainan
Innovation Summit and the 8th China Excellence IR Awards Free Trade Port Open Opportunity Exchange Conference”, the Company was
The Company was listed among the Ceremony, QiaoYin was awarded the recognized as the
Guangdong Top 500 Best Investor 2025 Listed Company with Outstanding
Enterprises ]?êē×?ò?Y????·ē ????ē×ē×??ò???×ò?ē×?·×ê/òē?êê×??ò·?
for the seventh consecutive year
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
a??ē×ò?ê????ê????òē Stakeholder Communication
Governance QiaoYin attaches great importance to communication and engagement with stakeholders, establishes communication channels and platforms
through multiple approaches and in various forms, and actively responds to stakeholders’ expectations and concerns.
Stakeholder Communication
ESG Management Expectations for the Communication Methods
Stakeholders Company and Responses
????ê???ê×???ē?ē???ò?a'?ò????òē??·?ò×??×?·??·×ê???ē?????ò?ē?×??ê???òē???ē×ò?ê?????ê????òē?ē?ē??×??????
top to bottom. The Company continuously improves its governance structure, optimizes internal management, establishes and enhances risk
control mechanisms, and promotes the construction of a responsible business system.
Governments and
]???êē???
Authorities
Level Tasks
Board of Customers
Directors
Strategy a???ê×???
Committee
ESG
Environment
Working Group
??ê?????
Communities
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Eē??×êh??×·/??òē×?·ē×?ò Topic List
/òē?????·?????×??òē×??×ò??ē??×êē??×·?????????\×??×ò??êê?·?ò?×?????ē????êê??×ò?????????·ē????ò?·???×ò???×ē?ē?????-
The Company takes the topics covered in the Exchange’s Guidelines as the benchmark, conducts an in-depth analysis of its own business ò???·ē?ê????ē×?ò??×??òē×???ò??·???ò????ē??×·??ò?òê????ē??×??·ē???×????ò??????ē?ò×ē×?????·?ē??×·?
structure and operating model, and carries out survey analysis of stakeholders in the form of questionnaires, thereby systematically identifying
material topics that are closely and inherently linked to the Company’s business operations and occupy a prominent position in the stakeholder
concern matrix.
Dimension Analytical Approach
Aspect %???????? Dimensions of Materiality Analysis
Corporate Identify ESG topics that are highly relevant to the Company’s core competitiveness and future
???ê????òēaē?ē??? development direction.
Impact Whether the Company’s performance on the relevant
ē??×·?×êê???·ē?ê????ē?òē×ê?×?ò×?·òē×??·ē??ò
Eē??×ê×ē? the economy, society, and the environment.
In combination with relevant national and local laws, regulations, and policy documents,
E·??Y?ê×·×?? extract ESG topics that have binding or guiding effects on various business segments,
ensuring that topic setting aligns with policy orientation.
??ē???ē??ē??×·×?????·ē??ē?????×?ò×?·òē×??·ē×ò
%×òò·×ê the short, medium, and long term on the Company’s
business model, business operations, development strategy,
Eē??×ê×ē? ?òò·×ê ???×ē×?ò? ????ē×ò? ????êē?? ·?? ???? ?òò·×ò?
methods, and costs. aē????ê??? ?×??òē×??×ò??????ē????ê?????????ò?·???×ò×ò?ē??×????·?ò·??ò?ò?·????ò×·-
/??òē×?·ē×?ò tion methods, clarify ESG topics that require focused responses, enhancing the responsive-
and Response ness and relevance of topics.
Dual Materiality Analysis Process for QiaoYin Topics
Ratings and Refer to mainstream ESG rating and disclosure standards such as MSCI, SASB, and Shenzhen
Information
Stock Exchange, ensuring that topic selection has an international perspective and industry
×?·ê?????
'?×??ê×ò?? applicability.
aē????·?????ò?/??òē×?·ē×?òò?nò????ēò?×ò? Step 2: Establishment of Topic List
Peer Benchmarking Through benchmarking the disclosure focus of ESG topics of peer enterprises, ensure that
òê??×? topic setting has industry comparability and forward looking characteristics.
Step 4: Topic Reporting aē????h??×·Eē??×ê×ē????????òēò??ò???ē×?ò
?ê?ē??×ê×ē????????òē
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
According to the Guidelines, the Company assesses the impact materiality of sustainability related topics from two aspects, namely the
ê×??ê×????ò??????×ē???×??·ē??a??·×?·êê??ē??ê×??ê×??????×??·ē?×????????????ē?????×??ò?×?ò??×ò·ê??×ò?ē???·ê???·????ò?
irremediability of impacts.
h?????ò???×??òē×???ē?????·?ò·??ò????×?????òē?ē????ê?????ò?×ò·???×òē×?ò?×ē??????ē??????òē??ò???ē??×??·ē?ē??×ê×-
Environment 7 ty of 23 topics for the Company, and derived a list of impact material topics based on the established impact materiality thresholds.
Topics With Impact Materiality
Climate change response, pollutant emissions and waste treatment, ecosystem and biodiversity protection, No. Topics No. Topics
environmental compliance management, energy utilization, water resource utilization, circular economy
Circular Economy 7 Ecosystem and Biodiversity Protection
Social 9 No. Topics No. Topics
Research and development innovation, technology ethics, product and service safety and quality, supply
chain security, equal treatment of small and medium sized enterprises, employees (employee rights protec-
tion, employee training and development, occupational health and safety), rural revitalization, social 8
contribution, enhancing urban services
No. Topics No. Topics
Corporate Governance 7
Compliant Operation and Risk Management 7 Anti-Unfair Competition
Due diligence, stakeholder communication, anti-commercial bribery and anti-corruption, anti-unfair competi-
tion, compliant operation and risk management, information security protection, party building guidance 4 Information Security Protection
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Financial Materiality Assessment
h?????ò????????ē???òò·×ê?ē??×ê×ē??????ē×ò?×ê×ē???êē??ē??×·?·????ē?????ē×?????×??ò??????ēē???ɑ?×ē?×ò????ē??????
[inclusive]), medium term (3 years to 5 years [inclusive]), and long term (more than 5 years), from two aspects, namely the likelihood of E Environmental compliance management, pollutant emissions and
Research and development innovation
waste treatment, water resource utilization, energy utilization
?··????ò·?ò?ē???????????òò·×ê×??·ē?
Product and service safety and quality
S Employees, equal treatment of small and medium sized enterpris-
/òē?????·×?·òê??×????·????ē?????ò?·???×ò???×?ē??×·ê????ē??????ē????ē?ē??????ê???????ē???×ò×ò?ē???????????òò·×ê
Impact Materiality
es, technology ethics Supply chain security
impact, analyzes the likelihood of occurrence of risks and opportunities for each topic in the short, medium, and long term, as well as their
×??·ē ?ò ?òò·×ê ????·ēē×?ò?? ò? ?×ē? ??????ò·? ē? ?????ē ??×ò×?ò?? ?ò?? ē?? ?òò·×ê ?ē??×ê×ē? ?? ?? ē??×·?? ò? ???×??? ê×?ē ?? G Anti commercial bribery and anti-corruption, compliant operation Enhancing urban services
?òò·×êê??ē??×êē??×·??????òē????ē?ê×?????òò·×ê?ē??×ê×ē?ē??????ê??? and risk management, stakeholder communication, due diligence,
Circular economy
party building guidance, information security protection
Topics With Financial Materiality
NO. Topics Ecosystem and biodiversity protection, rural revitalization,
Climate change response
social public welfare, anti-unfair competition
NO. Topics
NO. Topics
Results of Topic Materiality Assessment
The Company comprehensively consolidates the impacts, risks, and opportunities of material topics, and discloses relevant management
·ē×?ò?ò???ē·????×òē???????ē?%??ē??×·??×ē??òò·×ê?ē??×ê×ē??ē?????ò?·?ò??·ē???·?????×?·ê?????×ò··???ò·??×ē?ē??
four-element framework of “Governance”, “Strategy”, “Impact, Risk and Opportunity Management”, and “Indicators and Targets”.
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Solid Foundation
Compliance for
Long-Term Development
PART
ONE
Key ESG Topics of This Chapter ]????ò??ē?a'?'?ê?
??????ē??????òò·?
????ê×ò·?ò??×???ò????òē
???×ò????ē?×·?
?Y?ē???×ê?×ò?ê??????×?
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Corporate Governance
Governance Structure Investor Relations Management
QiaoYin strictly complies with the requirements of laws and regulations such as Company Law, Securities Law, and Code of Corporate QiaoYin continuously deepens investor relations management, and effectively safeguards the legitimate rights and interests of investors,
Governance for Listed Companies, and establishes a governance structure with the General Meeting of Shareholders, the Board of Directors, ????·×êê? ?×ò??×ē? ??????ê????? ē?????? ×?????×ò? ×ò?ē×ē?ē×?òê ???ē??? ò? ?×????×??? ·????ò×·ē×?ò ·?òò?ê?? /ò ????ē ????? ē??
and the management as the main bodies. Under the Board of Directors, there are the Strategy Committee, the Audit Committee, the Nomina- Company revised and improved the Information Disclosure Management System and the Investor Relations Management System, adhering to
tion Committee, and the Remuneration and Assessment Committee. The decision making, supervision, and execution responsibilities of each the principles of truthful, accurate, and complete information disclosure, and ensuring that all investors have equal access to information. At
?????òò·???????·ê??ê????ò???????×ò??????ò·?????ē??????òò·???·?ò×??·??·ē??×??????·×?òē×?·??·×?×?ò??×ò???ē??ò? the same time, through channels such as periodic reports, the General Meeting of Shareholders, the Interactive Platform, and investor hotlines,
??????×?×?ò????·×?òē???·?ē×?ò?ò???ē?ê·??·??ò??êò·??? ē?? ???ò? ·ē×??ê? ?????ò?? ē? ×ò???ē?? ·?ò·??ò?? ?????ēê? ?×?·ê???? ē?? ???????? ?? ???? ?ēē???? ????·ē×??ê? ?ò?ò·?? ×ò????ē×?ò
transparency and communication effectiveness, and creates a fair and mutually trusting investor relations environment.
During the reporting period, the Company
Party Building Guidance
Held 4
General Meeting of
Board of Directors QiaoYin adheres to guiding enterprise development through Party building and
Shareholders meetings strengthens the ideological foundation through reinforcing theoretical learning. The
Company strictly implements the “First Topic” system, relying on carriers such as the
“Three Meetings and One Lesson” and themed Party Day activities, organizing 13
centralized study sessions, 3 special Party lectures, and 5 seminars throughout the
year, thoroughly studying and implementing the spirit of the Fourth Plenary Session
of the 20th Central Committee of the Communist Party of China, and closely integrat-
Board Diversity ing theoretical learning with the Company’s development practices, ensuring that the
enterprise consistently maintains the correct political direction. At the same time, the
The Company attaches great importance to the construction of Board diversity. In terms of gender, professional background, and international Company holds high-quality annual organizational life meetings, conducts in depth
??????·ē×???ē?????????ò?ē?ē???×????×???·??·ē??×?ē×·??h?????????×?òê?????ē×??????????????·???????êē×?ê???ê??×ò·ê??×ò? criticism and self-criticism, and effectively enhances the principled nature and
?òē????×?? ?ò????òē? ?òò·?? ··??òē×ò?? ê?? ò? ·???×· ?????·?? ????×?×ò? ??ê×? ???????×?òê ??????ē ??? ē?? ???ò??? ?ē??? combat effectiveness of intra Party political life.
development and standardized operation. In 2025, the Company successfully completed the re-election of the Board of Directors. The new
Board consists of 9 members, including 5 female directors.
In strengthening the organizational foundation, the Company continuously improves
Board Independence branch work systems, completes the re-election of branch committees in a standard-
ized and timely manner, and ensures the continuity and stability of organizational
The Company strictly establishes the governance system of the Board of Directors in accordance with laws, regulations, and the Articles of operations. The Company strictly controls the quality of Party member development,
Association, ensuring independent and standardized operation of the Board across all stages including appointment and compliance declara- completing the conversion of 2 probationary Party members to full Party members
tions. The Company currently has 9 Board members, including 3 independent directors. Independent director candidates sign relevant indepen- during the year, and innovates the management model for mobile Party members,
??ò·? ??·ê?ē×?ò? ??×?? ē? ē?? ???ē×ò? ? ????×???? ?ò???ē?×ò? ē? ??????? ē??×? ??ē×?? ×ò????ò??òēê? ò? ·?ò???×ò? ē?ē ē??? ??? ò? relying on platforms such as “Xuexi Qiangguo” to strengthen daily education and
interests with the Company or related parties that may affect their independence. disciplinary warnings, thereby reinforcing the ideological defense line of Party
???????? /ò ??×ē×?ò? ē?? ???ò? ·ē×??ê? ???ò?? ??ē??òê ??×òē ·?ò?ē??·ē×?ò?
carrying out “Red Joint Construction” activities with institutions such as Zheshang
Bank and Liby Group, and engaging in in depth exchanges on Party building experi-
?ò·??×ē?ē??E?ò×·×?ê%×òò·×êM??·?ò?ē???×?ò×?ē?×·ē%????ē×?ò??/ò???ē??
and Commerce. Through resource sharing and mutual learning, the Company
????·ē×??ê? ?????ē?? ē?? ???? ×òē???ē×?ò ?? Y?ē? ??×ê?×ò? ò? ???×ò???? ×ò??·ē×ò?
strong impetus into high-quality development.
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
???ê×ò·?ò?]×??Eò????òē Tax Compliance
\×??×ò????ē?ê×????·?òē?ê×???ò????????×?òêē??ò????òē???ē????ò???×ò?ò×????òò????ē??'??????????ē????
Compliant Operation
ensuring the standardization and independence of tax related work. The Company adheres to paying taxes in accordance with the law, and
ē??????ò???ê×???ē???ê??×ò???·ē×?ò???ò?×·ē?·?×ò?????ê×·?·?ò????ò????×?ê?????ē??òē????·ê?ē×?ò?ē?ē??×???·?×??????ē×?×-
zation of tax burden on the premise of strict compliance. At the same time, the Company conducts systematic investigations and analysis of
issues related to tax inquiries and facilitates transformation through case sharing and training.
QiaoYin regards compliant operation as the core support for steady development and has established a hierarchical and comprehensive
internal control system. With the Audit Committee as the overall coordinating core, the Company has established an audit group and a supervi-
?×?ò?????ē??ò????ē???ē???×ē?ò????????×?òê×????×òē??òê·?òē??ê?????h??????ē???????êē×?ò?????×???????ò?????ē?????·??
/òē??òê ??×ē a??ē?? ò? ??×ò×?ē?ē×?? E?????? ??? ò?×ò???×ò? a?ēēê???òē ??×ē? ē?? ???ò? ·ê?×??? ?????ò?×?×ê×ē×?? ò? ?????ê
authorities, and promotes the standardization of business processes.
h?? ??×ē ò? a?????×?×?ò ???ē??òē ?ē?×·ēê? ?????? ē? ē?? ē???? ??? ê×ò?? ?? ???ē???? ?òò·?? ò? ?????·ē ??????×?×?ò? ?ò???×ò? ē?ē
Business Ethics
???×ò???????ē×?ò?????ê?????ò??òò·×ê?ò????òē×??ēò???×???ò???·????ēē?????ē×???ē??????×ò????ē???????×?×?ò??
??×????????·ē??ē?????ò?·?òē×ò????ê??????ē??ē????ē×?×?ē×?ò?????ē????/ò??×ē×?ò?ē?????ò?????ē?ê×????ò???ê×???
supervision and inspection mechanism, regularly conducting random inspections and special audits, comprehensively evaluating the legality
and effectiveness of internal control management, promptly identifying and resolving issues, continuously improving the internal control
system, and enhancing governance capabilities.
Anti-Commercial Bribery and Anti-Corruption
The Company has established an anti-commercial bribery supervision mechanism with full staff participation and full process control. By
Risk Management ??×ò×ò? ē?? ?????ē? òē×?%??? êê×ò·?? ē?? ???ò? ·?òē×ò????ê? ??ò·????? ?×ò?ē ×ò???ē?? ???ē ??·ē×·??? /ò ē???? ?? ×òē??òê
governance, the Company has not only formulated strict Administrative Measures for Supervision and Reporting, but also encourages employ-
???ē???ē×·×?ē?×ò??????×?×?ò?????ē×ò??????ē×ò???×??ê×ò??ē?????·ē?×ē??ò??×?ē?×??ē×ò??\×??×òa?????×?×?ò????ò?·???×ē?ē?
?ē?×·ē·?ò???òē×ê×ē?ò????????????×?ēê??ê??????ēē?????ē×???ē?????ò?×òē???ē??×òē???×ē????·ē×?ò×òē??×ê?????ē×?ò??ò?
QiaoYin has established a full process risk prevention and control system covering three core business segments, namely market expansion,
through recording special videos and conducting dedicated training for new employees and management, ensures that the concept of integri-
external decision making, and capital allocation. In combination with the characteristics of each department’s business, the Company formu-
ty is truly embedded into daily work, fostering a clean and upright corporate environment and safeguarding the integrity baseline for sustain-
êē??ē×ê?????ò????òē???ē????··??ē?ê?×??òē×???ò??????????ē?òē×ê?×???ē????????????ê???×ò???ê???ò×ò???·?ò×???
able development.
and formulates response strategies before risks materialize, ensuring that negative impacts are minimized. At the same time, the Company
regularly conducts systematic risk management training, promoting the deep integration of risk control concepts into frontline business
????ē×?ò??ò?·???????ò?×??ê??ò?ò·×ò????ê?????????ò??????×??×??òē×?·ē×?òò???????ò·??????ò??·??×ê×ē×???
Supervision Email
?ê?·?????×??×ò?·??
????a???ò=??Y?×òē??]????????h?×ò×ò????Y????·ē'?ò??êEò????
%??? a??ē????? ē? G??????? ????? ē?? ???ò? ???ò×??? ???×ò? ????????? ē?×ò×ò? ?ò ē?? ?a???ò =?? Y?×òē?? ??? êê ?????·ē
general managers. The training was delivered by lecturers specializing in the seven key points and coordinated by the Training
'??????ē??,??ò]?????·?????ē??òē?/ē??·?ò??·ē??×òē???ē?????·?ò????ò·?????ò????×?òē???????·ēê?·ē×?ò??
Through a combination of centralized lectures and on-site instruction, the training strengthened weak areas in the core perfor- Supervision Hotline
?ò·? ò? ·???????ò?×?? ·??×ê×ē×?? ?? ?????·ē ??ò??ê ?ò????? ????·ē×??ê? ?ò?ò·×ò? ???·?ē×?ò ·??×ê×ē? ??? ē???ē
implementation and awareness of risk prevention and control.
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Strategy
Case: Integrity Practice Promotion Training
In December 2025, the Audit and Supervision Department of the Company conducted integrity practice promotion training for The Company continuously upgrades its security capabilities driven by cutting edge technologies, introduces advanced concepts such as zero
middle and senior management at the headquarters building. The training focused on the theme of anti-corruption and integrity trust and threat intelligence, and entrusts third parties to conduct annual security assessments, continuously improving a comprehensive
?????ē×?ò?·?ò·?òē?ē×ò??ò?????????×ò·ê??×ò????·?????òēò????ē?????×ò?????ē????·×ò?ò?·?òē?·ē??????ò???ò? security defense system. At the same time, through organizing annual cybersecurity attack and defense drills, the Company simulates real
funds, personnel management, and “micro corruption”. Through case warnings, interpretation of red lines, and interactive question attack scenarios to test the effectiveness of the protection system and emergency response capabilities, forms review reports, and continu-
ò?ò????????×?ò??ē??ē?×ò×ò?·ê?×???ē?????ò??×????×òē???×ē????????ò·?????ē×????????×??????ê?????ò?×?×ê×ē×????? ???ê???ē×?×??????ē?·ē×?ò?ē?ē??×???ēē??·?êē??êê???ê?ē?????ò???ê×???ò×òē??òêò?ē????·?ê??ò?ò????·??????ē???ē?????ê?ê?
one position”, and required managers to exercise strict self-discipline and effectively manage their subordinates, thereby strength- disseminate security knowledge, fostering an information security atmosphere with full participation, and building an information security
ening the ideological defense line of “not daring to be corrupt, not being able to be corrupt, and not wanting to be corrupt”. protection pattern with coordinated advancement of technology, management, and culture.
Impact, Risk and Opportunity Management
Anti-Monopoly and Fair Competition
Physical Layer Network Layer Software Layer
QiaoYin strictly complies with the Anti-Monopoly Law of the People’s Republic of China and the Anti-Unfair Competition Law and other relevant
laws and regulations and regards fair competition as the bottom line of compliant operation. The Company resolutely eliminates any form of The core data center implements h?????? ????êê? ò? ~?G Antivirus software is deployed across
monopoly agreements, abuse of market dominant position, and concentration of undertakings in market competition. It participates in bidding ??ê ?ē??òē×·ē×?ò ?? ?ò?????×òē segmentation, core business areas all terminals and network access
and commercial cooperation in accordance with the principles of transparency and fairness, does not establish any unreasonable market recognition and cabinet access ò? ???·? ??? ?? ?×?×???? control is implemented. Desktop
barriers or discriminatory terms, and respects and protects the legitimate rights and interests of partners and competitors. control, 7×24 hour monitoring, and is Servers in the core business area Manager software system is
???×???? ?×ē? nYa ò? ?? ??? are accessed through a bastion deployed to achieve encryption of
extinguishing systems. Terminal host on the internal network and ·?ò???òē×ê ??·???òē ?ē ò?
devices implement USB control and accessed through a combination of approval for external transmission.
data erasure before equipment VPN and bastion host on the
disposal. ??ē??òê ò?ē????? M??·? ò?ē????
Information Security Protection
segments deploy internet behavior
management devices and rectify
weak passwords of network
devices. Enterprise Wi Fi adopts
dual authentication of encryption
and domain accounts, and the
Governance guest network is physically isolated
from the internal network.
QiaoYin regards information security as the lifeline of digital operation and
establishes a full process institutional system covering the entire data lifecycle
from collection, storage, use, and sharing to destruction, ensuring that all stages
Indicators and Targets
are governed by rules and risks are controllable. In terms of organizational
support, the Company has established an information security leadership group Indicators Unit 滷滵滷滺~???????ó?
to coordinate decision making. The Information Technology Department and the
?ò? ???ē??òē ??×òēê? ×??ê???òē ??ê??òē ????? ò? ?·? ???×ò??? ?ò×ē ×?
???×?????×ē???·??×ē?ê××??ò???·??ē???ē?ê×????êē×??×ò????ē×?ò·?òò?ê? G????????ē??·??×ē???êē??ē?×ò×ò?????×?ò?·?ò??·ē?? Times 6.00
from the grassroots level to senior management. Through a multi-level linkage
reporting mechanism, frontline security dynamics can be promptly transmitted to h?ēê???ē×?ò??ē?×ò×ò? Hours 12.00
the decision-making level, enabling rapid risk response and precise decision
making, and safeguarding the digital baseline for steady operation. In accordance with the relevant provisions of the Administrative Measures G???????×ò????ē×?ò??·??×ē????·×ê??×êê?·?ò??·ē?? Sessions 4.00
???/ò????ē×?òa?·??×ē?????êY??ē?·ē×?ò?ē?????ò???????ê?\×??×ò???ē?ò×ēē×?ò×òē???ē???êē???????ē??????ē×ò??ē???ê×ò?
·??ē×?·ē×?ò???·ê??×??????ē?·ē×?ò? G???????·??????·??×ē?ēē·?ò?????ò????×êê?·?ò??·ē?? Sessions 1.00
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Green Engine
Beautiful China
PART
Key ESG Topics of This Chapter
?ê×?ē??ò??]????ò??
?ò?×??ò??òēê???ê×ò·?ò?·?ê??×·êY??ē?·ē×?ò
]????ò??ē?a'?'?ê??
TWO
?Y?êê?ē×?òY????òē×?òò??òē??ê
?]?????·?nē×ê×?ē×?ò
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
ê×?ē??ò??]????ò?? Strategy
Facing the severe challenges of global climate change, green and low carbon transformation has become a common choice of the international
The Company refers to the framework
community. QiaoYin actively responds to the “dual carbon” strategic goals and continuously explores optimal solutions for carbon neutrality in
of the International Financial Report-
the industry.
ing Standard S2 Climate Related
Disclosures (IFRS S2) issued by the
International Sustainability Standards
Governance Board (ISSB), conducts an in depth
analysis of the risks and opportunities
arising from climate change, and
actively takes effective measures to
The Company continuously optimizes the management framework for carbon emissions and climate risks, assesses, monitors, and manages
properly address the impacts of
environmental and climate risks, coordinates the Company’s “dual carbon” operations, and conducts in depth research on emission reduction
climate change on the Company’s
technologies, ensuring that greenhouse gas emissions are effectively managed, mitigating climate related risks, and promoting the achieve-
sustainable development.
ment of climate targets.
Core Risk or ???ó??ó Likelihood of Impact Time Potential Financial Response
Dimensions d????????????? Description Occurrence Horizon Impact Measures
Establish a policy tracking mechanism, conduct
aē?×·ē?? ?ò?×??ò??òēê ??×??×?ò ?ēò????? ????ē??òē? ē?
Increase in compliance costs, or decline in technological upgrades in advance, optimize
Policy and Legal Risks ??ē?·ê??×?·ē×?ò??ê×·×???ò?·?ò???×òê?·ê?????ò??òē Medium Medium to long term
accounts receivable turnover customer structure, and strengthen accounts
payment capacity
receivable management
Increase research and development cooperation,
The application of AI, Internet of Things, and smart sanitation Increase in technology investment, but
Technological Risks and Short term to medium ×??ê???òē ?×ê?ē ?????·ē? ???ē? ??×òēê? ??×ê?
???ē???×???????????ē×?òê???·×?ò·????ē??×?ē?·?ò?ê??×- Medium to High long-term reduction in labor costs and
Opportunities to long term platforms with technology companies, and
Transition cal iteration entails risks of investment failure ×????????òē×ò?????????ē???×ò
cultivate internal digital capabilities
Risks
and
··?ê??ē×?ò??????ē×?ē×?ò×òē???ò×ēē×?ò??·ē???×ò????? Strengthen brand and operational quality, expand
Market Risks and Uncertainty in revenue growth and pressure
d??????????? ò?? ·????ē×ē???? ò? ×ò·???×ò? ò????? ?? ?????·ē? ??×ò?×ò? Medium Medium to long term the industrial chain such as kitchen waste resource
Opportunities ?ò????ē???×ò?
opportunities ?ē×ê×?ē×?ò?ò???ē×·×?ē?×òYYY??YM?????·ē?
Safety accidents, substandard operational quality, environ- Damage to brand reputation, which may Strengthen safety training, quality inspections, and
Reputation Risks mental violations, and negative public opinion such as employ- Low Short term ê?? ē? ê??? ?? ?×??? ?ò??? ?? ·?òē?·ē environmental compliance, establish crisis public
ee treatment issues termination relations plans, and enhance employee care
Extreme weather such as typhoons, heavy rain, heavy snow, Formulate emergency plans, purchase property
Increase in maintenance costs, loss of
Acute Risks and high temperatures may lead to interruption of sanitation Medium Short term and personal insurance, reserve emergency materi-
working hours, and compensation expenses
operations, equipment damage, and personnel casualties ê??ò????×?ê?????ē????ē×?ò?·????ê??
Physical
Risks
/ò·?????ē?·ê×?ē?·?ò???·ē???×òē??????·ē?×ē?
Long term temperature rise, and sea level changes may affect ··?ê??ē?? ?????·×ē×?ò ?? ???? ???ē? ??
Chronic Risks Low Long term selection evaluation, adopt adaptive design, and
ē?????ē???·??ēê?????·ē?·×ê×ē×?? additional investment required for relocation
conduct regular inspection of facility durability
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Impact, Opportunity and Risk Management
h?????ò?ê×?ò??×ē?×òē??òē×?òê??·ē×·??ò????ē??·×?òē×?·??ē????ē?·???????ò?×??ê?·?ē???ē??×??·ē??·ê×?ē???êē???×???
Emergency Response Plan for
?òē?????ò????òò·?ò????ē×ò?ê?????ê????òē?/ē???ē??ē×·êê?×??òē×????????????ò??ò???·ê×?ē???êē???×???ò??????ē?- Strong Wind or Typhoon Weather
nities, and in combination with the Company’s operational strategy, formulates climate strategies and “dual carbon” action pathways aligned
with actual conditions, ensuring the effectiveness of climate risk management.
According to the Company’s emergency response plan for strong wind or typhoon weather, within 10 to 15 minutes after
??·?×?×ò?ē??????·?ē?ē???????·ēē??×????×ē?ê???×ò???·???ò?×??ò??òēê?ò×ēē×?ò???ê×·?·×ê×ē×???×ē?×òē?????×??×·-
Climate Change Risk Management Process tion against wind and recovers temporary facilities. Within 30 minutes after the wind subsides, the cleaning team arrives at
main roads to carry out cleaning operations, and within 2 hours completes the removal of garbage, debris, and branches on
road surfaces and in green belts. If strong winds occur at night, cleaning of main roads and key areas shall be completed
before 7:00 the following day. At the same time, the damage to facilities shall be inspected and reported in writing to the
]×??/??òē×?·ē×?ò Risk Assessment Risk Response client. Drivers are required to slow down, turn on fog lights, and drive on solid road surfaces. Outdoor operations shall be
suspended in adverse weather conditions such as winds above Level 6. Special circumstances require approval from the
responsible leader before operations can proceed. Cleaning personnel shall promptly clear garbage and leaves from
With reference to the IFRS S2 Follow a closed loop process of Systematically assess the
drainage outlets, and similarly suspend outdoor operations in winds above Level 6. Emergency repairs, if necessary, must be
framework, strengthen climate “data driven, scenario analysis, Company’s capability to respond
approved and accompanied by safety measures.
risk management under climate priority ranking” to assess the to climate risks, formulate
change topics, and proactively potential impact of extreme management strategies aligned
identify the physical risks, weather and climate change on with actual operational needs,
transition risks, and opportuni- the Company’s sustainable make advance arrangements for
ties faced by the Company. development. climate risk response, and
effectively mitigate the impact
of climate change related risks.
Emergency Response Plan
for Rainstorm Weather
Indicators and Targets
According to the Company’s emergency response plan for rainstorm weather, within 15 minutes after receiving the rainstorm
'?×?????ē??òē×?òê??ê????·???ò???×ò?ò?·???òò??ē?ê×ē??ò??????òē??×??òē×?·ē×?ò??×ē???ò·ê×?ē??×???ò??????ē?ò×- forecast, management personnel and emergency teams complete preparations for drainage and post rain remediation, and
ties as well as actual production and operational conditions, the Company continuously promotes the implementation of indicators and targets equipment and vehicles enter standby status. Within 1 hour after rainfall stops, cleaning personnel arrive at main roads and
ò???ê?êê?×ē?·???×ē??òēē?????ò?????????×??×?ò????·ē×?òē????????·ē×·ê·ē×?ò?? ?????·ē×?ò?ē????×ò·ê?ò×ò??ò??×ē?×ò??????·???ê?ē?ē???????ê??????????ò??×êēē??ò????????ē?ē???·?
Within 4 hours, transportation and disposal shall be completed. If immediate transportation is not possible, waste shall be
Indicators Unit 滷滵滷滺~???????ó? temporarily accumulated at designated transfer points and completed within 12 hours. If rainfall occurs at night, cleaning of
main roads and key areas shall be completed before 7:00 the following day. In the event of urban waterlogging, within 15
minutes after the rain stops, pumping equipment shall be dispatched to waterlogged road sections, and within 12 hours
complete the drainage of accumulated water and silt to designated discharge points. When using water pumps, operations
Greenhouse Gas Emissions (Scope 1) Metric Tons of Carbon Dioxide Equivalent 722.74
shall strictly follow procedures, and personnel are strictly prohibited from entering drainage pits. If entry is necessary, power
must be cut off.
Greenhouse Gas Emissions (Scope 2) Metric Tons of Carbon Dioxide Equivalent 19,928.66
h?ēê'???ò?????'??×??×?ò? Metric Tons of Carbon Dioxide Equivalent 20,651.40
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
ò?×??ò??òēêEò????òē
The Company strictly complies with national and local environmental protection laws, regulations, and emission standards as the core,
?ē???×ò·ê????
·????×ò?êê?ê???òē?×ò·ê??×ò??ē???×??ò???ê×???ē??·??????·ē×??ê???òē???×??×?ò?ēò????×ò··???ò·??×ē?ê?·ê????×????òē?
and strengthens daily monitoring to ensure that all types of pollutants are stably discharged in compliance with standards. At the same time,
the Company continuously reduces environmental risks and ensures operational compliance. Odor generated from kitchen waste pretreatment processes and wastewater treatment systems, exhaust gas from biogas boiler combus-
ē×?ò??????ē???????×??????????ò??ē×?ò?ò×ē?????????ò??ē?????×ò???ē?×ò·×ò??ē×?ò??ē·?
E×ò??êê?ēòē?
?ē??ē??×ò·ê????
Sulfur containing compounds, volatile organic compounds, methane and greenhouse gases, dust, etc.
Kitchen waste leachate, biogas slurry generated from dehydration of combined anaerobic digestion residues, organic slurry after pulping,
cooking and three phase separation of kitchen waste, production wastewater from circular industrial parks, wastewater generated from
deodorization systems, production washing wastewater, and wastewater generated during vehicle cleaning and disinfection.
Management objective
E×ò??êê?ēòē? Comply with laws and regulations, 100% compliant discharge.
]???·ē??????ò×·?ēē????????ò?????ê×????×???×ê·?òē?òē????ò×ò×ē????ò???????????ò???ê????? Treatment methods
Management objective 1 Production deodorization: Deodorization system. That is: exhaust gas → pretreatment chemical washing → biological treatment →
centrifugal fan → high altitude discharge
Comply with laws and regulations and achieve 100% compliant discharge. ?ē?×ò·×ò??ē×?ò?????·ē??
%ê?????aG]??ò×ē?×?·ē×?ò×ò???ò·?????×?????·×?×?·ē×?ò??????·×?×?·ē×?ò?·ē×?ē??·???ò?????ē×?ò????êē?????ē
Treatment methods removal
M??????????????ē??ē?????×ēò??òê??×ò??êê?%?êê??ò·ê?????ò??ē×?????????????ē?·ē?????òò??????·?????ē×?ò
ē?? ???ē??ē??òē ?ê?? ē?? ?ē?? ?M ? E] ? òò??êē?ē×?ò
(backup) Odor from leachate treatment station: After collection, discharged into the waste pit through pipelines and drawn into the incinerator
by induced draft fan for incineration.
?ē?×ò·ê????
Part of inorganic residues and organic residues screened during pretreatment, biogas residues generated during anaerobic fermentation,
?ê??????ò??ē????????ē??ē??ē??ē??òē???ē??????????ò??ē?????×ò???ē?×ò·×ò??ē×?ò???ē??ò?×ò??×ê??ò??ē?????×ò?
production, waste empty containers, spent activated carbon generated from deodorization systems, and laboratory waste liquids, etc.
Management objective
?×??ò?Y????·ē
Comply with laws and regulations, 100% compliant discharge.
Treatment methods
ê????ò??×??????×??????ē?ò????ē??ē???ê×????òē????×?????????ê???·?????ē×ò?ē??ē??òē?×ò???ò×·???×??????ē?ò????ē??
ē???ē?×ò·×ò??ē×?ò?êòē????×ò·×ò??ē×?ò????ò×·???×???????ò???????ē???ê×????òē????×???????ê·???ê?×?????????×ò??ò?
furnace slag is handled by third parties for resource utilization.
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
]?????·?nē×ê×?ē×?ò
Three Waste Treatment Equipment
Wastewater Treatment Wastewater Treatment Waste Residue QiaoYin establishes and improves an energy management system, formulates documents such as Energy Saving and Consumption Reduction
Station Station Treatment Plan and Targets for QiaoYin Headquarters Building and Detailed Measures for Energy Control, systematically plans energy saving and
·?ò????ē×?ò ????·ē×?ò ????? ò? ???ò?? ?????ò?×?×ê×ē×?? ē? ???·×?· ???×ē×?ò? ē? ?ò???? ē?? ????·ē×?? ×??ê???òēē×?ò ?? ??×??? ????????
For waste gas gen erated d u rin g For odorous units such as unloading, For sludge and proces s residues Relying on the Property Engineering Department and the Security Department as the core execution and supervision forces, the Company
production processes, the Company pretreatment, anaerobic processes, generated from wastewater treat- conducts comprehensive inspections and real time monitoring of equipment operation and energy use, strengthening full process manage-
is equipped with the following key and sludge dewatering, fully ment, the Company is equipped with
??òē ò? ·?òē??ê? Mò ē?×? ??×?? ē?? ???ò? ·???????ò?×??ê? ·????? ???? ?ò???? ē???? ??·? ? ?ê?·ē?×·×ē?? ?×???ê? ò? ?×???? ???ê??
equipment and corresponding enclosed negative pressure collec- ?êē?ò??????êē????????????
process technologies: grids, regulat- tion is implemented. The Company is volume reduction treatment and has ?ēò???×???ē??×????·×?òē???×ò?·?ò?×????·???????·ē×?ò???×???òē????ē×?ò?·?êê?·ē×?òò?ē?ò????ēē×?ò???×·ê???????ē?ò?ò×?ê
ing tanks, anaerobic reaction tanks, equipped with multistage combined strictly constructed hazardous waste ??ê×???ē?ē??ē??òē?ò?·?òē×ò????ê??????ē??ē????ē×?×?ē×?ò???ò?????ē??·ē???ò?×????????òē??????ē×?òê?ò???????·×?ò·??
aerobic biochemical tanks, and ultra- treatment systems such as chemical temporary storage rooms in accor- laying a solid management foundation for green operation.
?êē?ē×?ò??òò??êē?ē×?ò?????ò? ???×ò?ē???????×?ê??×·ê?êē???? dance with regulations. At the same
systems, ensuring that wastewater and activated carbon adsorption time, the Company cooperates with
is discharged in compliance with devices, effectively removing odor- downstream disposal units to ensure
standards or reused. ous substances such as hydrogen that the entire proces s of waste ê?·ē?×·×ē? Production Water
??ê???????ò×?ò???êē×ê????ò- residue transfer is stable and compli-
ic compounds. ant.
Support reclaimed water reuse.
Conduct regular maintenance and servicing of
???×???òē ē? ?ò???? ?????·ē×?ò ???·×?ò·?? ?????ē?
ē????????×?????·×?ò·???×?ê???????ò·???ē???
to reduce losses and thereby reduce electricity
consumption.
Use energy management systems to conduct real
???/ò??×?×ò?????ò???ê??????ē????·?'???òh?·?ò?ê??? time monitoring of high energy consuming equipment
and implement peak shifting electricity use.
In July 2025, QiaoYin Building welcomed “Young Explorers” from Taixue Primary School in Anshan Town, Conghua District. With =×ē·??ò ??ē? ?????·ē? ·ò ?ē×ê×?? ê?·?ē? ?ē??
·??×??×ē?ò???×??ē?????ē???????????ò????ò????????òò?ê??·???ò×òē?êê×??ò·?????ê??×ò??ē×?·×ê×òē?êê×??ò·?????ē?? anaerobic treatment to produce biogas for self-gen-
the national smart dispatching center, and Qiaohong Academy. erated electricity use.
h?×?????ê??·×?ò·??ē???ē?????ò?ē?òê?????ò?????×ò×ò??ò??ê???????ēê????ò?????ê×òē??·ē×?ò??ē???òē?·?ò?ê??×-
·ê·??×ê×ē?ò?·?×ê?ê×??·??×??×ē????òē??·?×ê???ò????ê?×òē??·ē???×ē?????ē?ò?×???????ē?????ê???×ò??ē?·ê??×?-
cation games, the dream of green technology was shining brightly in their eyes.
×???ê Gē??ê'?
For kitchen waste collection and transportation, Set up waste heat boilers. By recovering waste heat,
optimize internal transportation routes to reduce the enterprise can directly reduce the consumption
empty driving and idling operations; of externally purchased fuels such as coal, natural
gas, and diesel, thereby reducing production costs.
%??ê ????ē×ē?ē×?ò? ??? ?ò ?????·ē ·ê·?êē×?ò ò?
comparison, using natural gas to replace diesel as
production fuel is cleaner and more economical.
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Indicators Unit 滷滵滷滺~???????ó? ×?·?ê?·?ò???
Direct Energy Consumption Tons of Standard Coal 506.10
Indirect Energy Consumption Tons of Standard Coal 11,113.71
Governance
h?ēêòò?êò?????ò????ē×?ò Tons of Standard Coal 11,619.81 \×??×ò????ē?ê×??????ò???ê???????·??·???ò????????×ò????????òē×òē??·×?·?ê??·?ò?????ê???òē?????ò·???????ò-
sive resource utilization center and combined with the integration of existing sanitation service providers and renewable resource operators,
the Company accelerates the construction of a regional waste material recycling system. At the same time, the Company makes advance
òò?êò?????ò????ē×?ò/òē?ò?×ē? Tons of Standard Coal/RMB One Million 84.52 arrangements for “trade in for replacement” scenarios, connects various units, and establishes a comprehensive waste material recycling
system to effectively control incoming materials.
Energy Saving Technical Transformation Related Facilities and Equipment Strategy
Anaerobic technology is adopted to generate biogas, which is uniformly collected and stored in double mem- The Company adheres to the principle of “government guidance, market operation, professional management”. By building front end recycling
stations based on the concept of “zero waste cell” units, adopting a regional partner cooperation model, integrating existing recycling
??ò?????ê?????ē??ò?ē????×????êē?ē×?òò????????×?ē×?ò??]??ē??ê?????ē???×???×???òēē?
??·ē×ē×?ò???? ò? ×ò??ê?×ò? ē??? ×ò ??ē? ?òê×ò? ??·?·ê×ò? ò? ???×ò? ??·?·ê×ò? ?ēē×?ò ????ē×?ò?? ē?? ???ò? ×? ·???×ēē?? ē? ??×ê?×ò?
????ê???×?ē×?òē???????×ò×ē×ê????ê???×?ē×?òē?????·????????ò??ê???·?ò·?òē?ē×?ò???êê?????????ē??? comprehensive resource utilization center at the terminal stage, covering sorting, dismantling, and reuse processes, and promoting the
?ēò???×?ē×?ò????·×?ò·??ò?ē?ò????ò·?????·?·ê×ò???×·×ò??
???? ????ê???×?ē×?ò ē?????? ??? ??ē????? ?ē?? ???·×?×?ò ?êē?ē×?ò ò? ?????? ??????ē×?ò? ×ē ×? ??òē ē?
??ò??ē???ò×ē????·?????ē×?òò????????ò??ē×?ò????ē×ò?ē???????·ē????ê??????ê?·ē?×·×ē????ò??
Impact, Risk and Opportunity Management
???a?··?????ê'?×??òò?·ē×?òò?Y????'?ò??ē×?ò??\×??×ò?×·??ò
Waste Incineration Project ,??????ê?]?·?·ê×ò?M?ēê?ē? /ò???ē?×ê]?·?·ê×ò?M?ēê?ē?
·ē×??ê??????ē??×????×???·?ò?ē??·ē×?ò????ê·???×ò- Emphasize establishing close cooperative relationships
/òa??ē??????????ē?????òò????ê?????ē×·??ē?×ò·×ò??ē×?ò???????ò??ē×?ò?????·ē×ò?×·??ò×ē??,???×Y???×ò·???
×ò? ???? ò? ???×ê?? ??êē×??ò·ē×?òê ò? ?×??ê?? ?ē???? with waste generating enterprises and industrial parks and
successfully connected to the grid for power generation. With this, it is expected that approximately 240000 tons of domestic
and automated recycling outlets, guide relevant enterpris- accelerate the effective connection between waste
waste generated annually in Lichuan City will be treated here, ultimately producing about 98040000 kWh of green electricity each
es to participate in the operation and management of generation and resource utilization.
year, lighting up thousands of households.
??ē? ·ê??×?·ē×?ò ?·×ê×ē×??? ò? ??ê×?? ē?? ē?ò?????-
tion from the traditional “passive collection model” to an
h???????·ē·?????ò????????ē?ò?ǎ?????×òē????·×ò?
active “resource exploration model”.
advanced waste incineration power generation technology,
namely the process closed loop of “negative pressure enclosed
·?êê?·ē×?ò??×??ē?????ē???×ò·×ò??ē×?ò???ē???ē?????
??ò??ē×?ò?? ×ē ???ē? ·?ò????ē×?ò ?? ?ē?? ???ò·?? ò?
?ò?????]?·?·ê×ò?M?ēê?ē? Y??ê×·/ò?ē×ē?ē×?ò]?·?·ê×ò?M?ēê?ē?
one unit”, with a designed daily processing capacity of 700
tons of domestic waste. It is expected to process about 240000 In combination with green shopping mall development Formulate specialized waste management measures
tons of domestic waste annually, with an annual power initiatives, standardize the treatment processes of various according to the different characteristics of places such as
generation of approximately 98.04 million kWh. solid wastes. schools and hospitals.
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Indicators and Targets
Case: AI Smart Sorting “Hand” and “Brain” Coordination to Support the ???a?ê?·ē??×òē?ē??'ê??êa???ê×???×?ē????ē?ē?
/òē?êê×??òēn???????]?ò???ê?]?????·?]?·?·ê×ò? Energy Projects in Indonesia
\×??×ò?????·×êê????ê???????ē???ē×ò????×???òē?????ò???ê???????·??×òē??=×??ò?G??ē????×·×?·?ê?·?ò???
/ò???ē?×êY???????·ē?h?×???ē?????×???òē×??????ò/·?????×ē???·??ò×ē×?òē?·?ò?ê????·?×??×ò??×?ò×?·òē×??????- In 2025, PT Danantara Investment Management, the sovereign investment fund of Indonesia, announced that QiaoYin had
??òē×ò???ē×ò????·×?ò·?ò?··??·?????ò???ê???????·??? ??··?????êê??????ē????ê?ē×?òò??????·×êê???ê?·ē??×òē?ē??ê×?ē?????×?òē??????ê×???????ò?×??ò??òēêê???×?ò?ê?
??ē?ē??ò?????????·ē?×ò/ò??ò??×?h?×?????ē?ē\×??×ò??ē?·?ò?ê??×·ê?ē??ò?ē?ò?????×·?·??×ê×ē×??×òē????ê?????ê×?
waste treatment have been highly recognized by the international market and represents an important step for QiaoYin to expand
AI Smart Recognition System High-Precision End Effector System
its overseas business landscape and participate in ecological and environmental development in countries along the “Belt and
Road” Initiative.
Ultra-High-Speed Conveying System
Human–Machine Interaction
Operating System
The smart sorting equipment for renewable resources deployed in the Kaifeng North America Circular Economy Industrial Park
?????·ē×??×òê???ê×??ē?ē?????·×??×??òē×?·ē×?òò????ē×ò?????·?·ê?ê???ē??ê?ē×·??h???????·ē×?òê×ò?×????×?ò???×ē?
·?·×ē?????ē?ò???????·??ê????ò?ê????ē×ò???×???·ē????×??????ē??ê?ē×·???·????????·?ò????ê?????×ē??
????ò ??ēēê??? ?×ê ·?òē×ò???? ò? ?×??? ·?ê?? ??ēēê??? h?? ???ē×ò? ???·×?ò·? ×? ×ò·????? ?? ???? ē?ò ???? ·?????? ?×ē?
traditional manual methods, and the sorting accuracy exceeds 95%.
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Livable Services,
Harmonious Communities
PART
THREE
Key ESG Topics of This Chapter ]????ò??ē?a'?'?ê?
???ē????]?êē×?ò??×?Eò????òē
???ê????]?êē×?ò??×?Eò????òē
?????ò×ē?]?êē×?ò??×?Eò????òē
?/ò???ē?×ê·????ē??a?ò????
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
??ē????]?êē×?ò??×?
Management ??????ò\×????ò????ò??????ē?????ò·???êê?·ē×???×ò?%???
E????ò×?ē×?ò?????ê????òē
\×??×ò????ē?ê×?????????·ē??ê×ē???????×?×?ò??·?ò×??·?òē?????ò×ò???·ē×?òē????h???????×???????ò??×ē?×ò???·ē×?ò??·???????ò- In 2025, Duyun Qiaosheng City Management Co., Ltd. actively advanced work centered on the “four modernizations” development
sive diagnostics are conducted across dimensions such as operational quality and integrated management, forming issue lists and optimization (informatization, urbanization). By strengthening systematic operation management, the Company optimized the urban and rural
plans to provide precise data support for service improvement. On this basis, the Company has built a reporting chain linking general managers domestic waste collection and transportation system and realized real time dispatch through a smart sanitation system; promoted
ēē???????·ē????×?òêò?·?òē??ê???ê???ò???×ò?ē?ē??·ē×?·ē×?ò??×?????×?×??ê???òē??ē?????ê???ê?×ē?·ê????ê????ò????òē?ē?????? ē????????·??ē×ê×?ē×?ò???×ē·??ò??ē??????ē×ò??·?òē?ê×???·?êê?·ē×?ò????????×?òêē?ò????ēē×?ò??ēò???×????×????ê?
continuously improving service standards. ????ê?×??ê???òē?????ò??·ê?ò×ò?????ē×?ò??????òē????×ò·×?ê??????·?ò×?ē×?ò?ē???×ò????·?ò??ò?ê????
as a supplement” with zoned operations; enhanced the construction and maintenance level of municipal facilities through normal-
In addition, the Company actively promotes the development of voice smart agents. By integrating natural language understanding, emotional
ized inspection and maintenance; strengthened urban greening construction and maintenance by coordinating green space systems
voice interaction, and business process automation technologies, the Company enables “instant handling upon speaking” for citizens’ calls. When
and improving quality; At the same time, improved collaborative promotion mechanisms and strengthened linkage with the munici-
ē?????ê×·?×ê??????????×????????ò??òē????×·???ēê×ò??ò??ēē??ē??×???????ē????ò·ē×?ò???·??×????×??òē×?·ē×?ò????ē×?òê??????-
pal Party committee, municipal government and relevant departments. By virtue of outstanding contributions in urban and rural
ance, work order generation, and service handling can be completed.
waste collection and transportation, kitchen waste disposal, cleaning services, municipal construction and urban greening, the
/òē??????·??ē??????êē×?ò??×??×òē?òò·??\×??×ò??????????×·??????×ò??·????ē?ē????h??????????ê??×?×ē????????·ēò????×?ò- Company was awarded the title of “Advanced Collective”.
êê?????ē?·ê×?òē??ē?????ò??×ò?×ò???ē??ò????ēò?×ò???ò????ò??????·??ò??ē?×·ēê???êê???ē???????ē????ē????????ò?ê×ò?
·??ē????·???ê×òē?ē?????ê??×????????·×?òēê??ēē?????ē×???ē?????ò?·ē×??ê?·?ò??·ē?·??ē?????ē×??·ē×?ò?????????×??ê?·?êê?·ē?
opinions, and continuously optimizes service experience based on customer needs, thereby consolidating the foundation of trust. 0
Key Performance
During the reporting period, the Company including
]?·?×???ē?ēê????ò???ò?·??ē×?·ē×?ò? ?????·ē??ò??? individual honors
??ê????]?êē×?ò??×?
Management
Equal Employment
\×??×ò??????ē?ē????×ò·×?ê????×?ò???ò????ē×·?×ò???ê????òēò?????ē?ê×?????ēò???×???ò??×????????·??×ē??òē?ò??-
??òē ???ē??? h?? ???ò? ??·??×ē? ēê?òē? ē?????? ?×????×??? ·?òò?ê?? /ē ò?ē ?òê? ·?????ē?? ????ê? ?×ē? ???????×?òê ??·??×ē??òē
?êē?????? ?????òē??? ò? ??ē??òê ??????ê ???·???? ??ē ê?? ·ē×??ê? ???ò?? ×òē??òē×?òê ēê?òē ·??×?×ē×?ò ?ē????? ×??òē×??×ò?
outstanding talents at home and abroad through channels such as LinkedIn and the HRBP mechanism. At the same time, the Company adheres
to a merit-based approach and eliminates all forms of discrimination based on gender, religion, ethnicity, age and other factors during the
selection process. In addition, the Company actively promotes collaboration between enterprises and universities, having established coopera-
ē×?? ??êē×?ò??×?? ?×ē? ???? ē?ò ? ?ò×????×ē×??? h?????? ·???ê???òē?? ??òē???? ??ē? ??ē×?? ??×òēê? ·?êē×?ē? ò?? ×ò???ē?? ēê?òē??
×ò??·ē×ò??×????×????×ēê×ē?×òē?ē?????ē×ò?ê?????ê????òē??ē???òē????×???
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Democratic Management Employee Care
The Company has established a democratic communication system covering the entire cycle of employee career development and is commit- QiaoYin adheres to the corporate culture of “people oriented”, integrating employee care into every aspect of daily work and life, and has
ted to creating an open and inclusive organizational atmosphere. Starting from onboarding training and discussion sessions for new employ- carried out a series of care initiatives covering all employees, focusing on special groups, with diverse content and formats.
ees, the Company helps employees integrate quickly and clarify their development paths. Through regular “face to face with senior manage-
ment” interview activities, communication barriers between management and frontline employees are effectively removed. Relying on the
ó?????? ?????????????ù
trade union and the Audit and Supervision Department, a two-way supervision mechanism has been established, and a “Chairman Mailbox” Care Dimensions ???ó??óó??????????ù\???????
Employee Value
?????ò??ē???·?ò???òē×ê?????·?·?òò?êē??ò·????????ê?????ē?????×????????ē×?ò???????·ē??·ē×·ê×??????
International Women’s Day themed activities, Convey organizational warmth,
?????%??ê?
“Caring Mother” honorary recognition, establishment recognize women’s contributions, provide
??ê?????
????ò?ē×?òò??ò??ē?
of a sanitation industry women’s federation dedicated development platforms
Providing assistance through the QiaoYin Charity
Assistance for êê??×ē??òò·×ê???????????×ê?
Foundation, granting maternity subsidies,
QiaoYin strictly complies with national labor laws and regulations and has established a compensation management system that combines ??ê?????×ò×??·?êē? family friendly environment
×??ê???òē×ò?ē???ê×ê?×?ē?êê??ò·????ē??
external competitiveness with internal fairness. The Company formulates compensation standards based on market conditions to ensure that
???ê????×ò·???×?·????ē×ē×???h??·????ò?ē×?ò?ē??·ē???×ò·ê?????????ê??????????ò·???ò???????×???êê??ò·??ò??ēē?ē???
??ò??ē???·???????·×ê×ò???ò·??ò??ò?????×ò???ò??·???×ò???×ē?ò?ò???ò?ē????ò??ē?ē?·???????ò?×??ê???????????ê???? Organizing annual physical examinations for all Focus on both physical and mental
Y??ē?·ē×?ò??Y???×·ê
?×??ē?ò?×òē????ē??h?··??ē?ê??ē×??êē?ē????ē×?ē×?ò???×?????òē???×ē×?ò??ē?????ò?·?òē×ò????ê?×???????·ê??×???ò?ē×???? employees, carrying out the “Reading Marathon” health, create a reading-oriented
ò?E?òēê,?êē?
incentive and assessment system, establishing special assessment measures for groups such as frontline sanitation workers, marketing employee reading activities atmosphere
?????òò?êò??????·ē??ò??ê?ò?????????òē????×ò·×?ê????×òē???×ē??????·ē×?×ē?ò?·????ò×·ē×?ò?ē?×?????·ē×??ê??????ē?????ê??-
ee value creation and personal growth. The Company has established a smooth appeal mechanism for performance assessment to ensure E?òē?ê??×?ē?????ò??ē?????ē×?ê??ò??ē???·?? Enhance sense of ceremony and
?êē??êò?a???ē?
?×?ò???ò?ē?ò????ò·?×òē?????????òē???·???ò?×ò??·ē??ò????ò???????òē??×òē????ē×ò?ê?????ê????òēē???????·×?òē×?· Dragon Boat Festival and Mid-Autumn Festival, belonging, record employee growth
·ē×?×ē×??ò???ê??????
and sound compensation and incentive system. organizing onboarding anniversary celebrations moments
h?????? ????ēòē×ê ×ò???ē??òē ò? ?×????×??? ???????? ē?? ???ò? ????ê? ×òē???ē?? ???ò×?ē×· ·?? ×òē? ???ê???? ??êê???×ò?? h??
???ò?ò?ē?òê?êê?·ē?????·×ê??ò???????ê×????ò??ē???????òēê×ò????ê????????ēê????ē?ò??·??ē????ê????????×ê×??ē??????
Holding the 7th Sanitation Workers’ Day “Caring Enhance professional dignity, gain social
initiatives such as “Filial Piety Allowance” and birthday gift packages. At the same time, the Company organizes comprehensive physical ?????a??·×ê'?????
Substitution” activity respect and understanding
examinations for all employees, building a solid health safeguard for employees to work with peace of mind. The Company regularly organizes
club activities, onboarding anniversary celebrations and sports competitions, providing platforms for communication, interaction and self-ex-
pression. While enriching employees’ leisure life, the Company creates a positive, warm and caring organizational atmosphere, effectively
enhancing employees’ sense of happiness and belonging.
In terms of caring for female employees, the
Company organized warm International
Women’s Day activities, and on June 19, 2025,
Key Performance witnessed an industry milestone, the Guangzhou
Sanitation Industry Women’s Federation was
???·×êê? ??ē?ê×????? ? ê??×ò? ?òē????×?? ×ò
the industry, QiaoYin not only provided compre-
During the reporting period, the Company hensive support, but also saw He Qiu’e, Director
of the Business Center, successfully elected as a
member of the executive committee. In addition,
during the Sanitation Workers’ Day activities in
Company, as representatives of “Caring Mothers”,
Achieved a performance appraisal coverage rate of
???? ????? ??ò???? ·??ē×?·ē?? ??? ē??×?
participation in the “Enduring Love Initiative” by
donating hand knitted sweaters to support
·?×ê???ò ×ò ?×??·?êē? ×ò ?×ò?×ò?? ????ò?ē?ē×ò?
the integration of great love of female employees
and the Company’s sense of social responsibility.
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
In terms of physical and mental health and cultural development, in addition to organizing annual physical examinations for all employees to
safeguard their physical health, the Company also attaches great importance to the development of employees’ spiritual civilization. In October
????? ē?? ???ò??? ē??? ?ò×?ò ·ē×??ê? ???ò×??? ???ê????? ē? ??ē×·×?ē? ×ò ē?? '?ò????? ???ê???? ?]??×ò? ??? ???? %?ê?êê??òē?
???]?ê???????Y????????%??ê???ê????????×ò?E?ò????? reading series activities, successfully held the “Reading Marathon” activity, and on October 30 held an award ceremony for employees who
persisted in reading check ins, encouraging employees to accumulate knowledge during fragmented time and fostering a corporate culture
atmosphere of “nourishing the mind through reading and promoting action through learning” as “a school”.
In July 2025, QiaoYin specially invited an authoritative expert team from Guangdong Provincial Academy of Chinese Medical
Sciences to QiaoYin Building to carry out a traditional Chinese medicine free clinic activity. This was a warm initiative by QiaoYin /ò??×ē×?ò?ē?????ē?×?ò×?·òē·??·ē×?×ē???ē?????ò???ē???ē??h?×??ē?ē?aò×ēē×?ò???????×ò?a???ē×ē?ē×?ò?·ē×?×ē???ê????×ò?
to care for employees’ health, especially female employees during menopause. It conveyed a clear message that employee health ē??aò×ēē×?ò?????????òM·ē???????h?×?·ē×?×ē?????×òēê????ò×????×ē?ē??'?ò???ò????òò??×ê???ò%??ò?ē×?ò?×ò?×ē×ò?
is highly valued by QiaoYin. parent child families to board water operation vessels and personally substitute positions to experience the daily work of sanitation workers.
The free clinic services included blood pressure measurement, traditional Chinese medicine pulse diagnosis, consultation on
common diseases, acupuncture, and tuina therapy. In addition, a dedicated “health care for menopausal women” service was
ē?????ē??êê?????×?????????×ò?·?ò?ē×ē?ē×?ò×??òē×?·ē×?ò???êē????????ē×?ò??×·??ò????·×ê×???·?ò?×ē×?ò×ò??
??? ?×ò? ??? %??òēê×ò? ??????? ;?×òēê? ?ê×???×ò? ???ê×ò? ]?ê×??? ?×ē?
'?ò???ò????òò??×ê???ò%??ò?ē×?òò?Mē???Y?ē×??
/ò????ē????????ē?ò?·?????×?ò?êê????ò??ò?êē??êa????×òY?ò??×ò?×?ē?×·ē?;×ò???ò×ē????×ò?ē?×????×????
sustained high temperatures, QiaoYin City Management Co., Ltd., in collaboration with Guangdong Women and Children Foundation,
Women Workers Committee of Guangdong Federation of Trade Unions, Jiangmen Women’s Federation, Jiangmen Federation of
h???nò×?ò??;×ò???òY?ò??×ò?×?ē?×·ēn??òEò????òēò????????ò?×????ò???·???òē?????ò?×ē?????×?×??
;×ò???ò×ò?×ò?\×???×ò?×??ò??òēêa???×·?????ē?????×òēê????ò×???ē????????ò??ò??×Y?×ò?h?×??ē?ē?aò×ēē×?ò]?????
??????·??ê×ò???ê×??·ē×?×ē????ê×???×ò??×ò·???·??ē????ê??ò×ēē×?ò??????????ē×ò??òē?????òēê×ò??
/òē????????×?ēò·???????ê?????×ò?×??·?êē?ò???ê??????ē?·ē×?ò?ē?????ò???ê×???òē??'?ò?????\×??×ò??×ē?%??ò?ē×?ò
established in 2020 to continuously focus on supporting vulnerable groups in the sanitation sector, and further implemented various welfare
policies in 2025. The Company continues to provide maternity subsidies to both new and existing employees, ensuring the continuity of this
·??×ò×ē×ē×???ēē?????ē×???ē???×?ē×ò·ē×????ê×ê?×?ē?êê??ò·???×?ē?×??ē×?ò??·?ò×????ē?ò??·?????ē?·??ē????ê????????×ê×???
promoting the traditional virtue of respecting and caring for the elderly.
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Training And Development
QiaoYin upholds the corporate spirit of “One School” and, relying on “QiaoYin Academy”, has established a comprehensive training system
????/????????òē?h?×ò×ò?ò?a?×êê?????ē×ē×?ò
×òē???ē×ò??òê×ò?ò????×ò?????·???ē???êê???????????ê??????·????????ê????òē?M??×ò?ē?×ò×ò?·???????êē×?ê??×??ò?×?ò?×ò·ê??×ò?
From March to September 2025, to align with the development of the digital
ò?????ê?????ò????×ò??ēê?òē?×??ê×ò?????ê????òē????·×ê×?????×êê?ò?ò·???òē?ò???ò·???????·ēē?×ò×ò????ò?ē????????ēê?òē
era and respond to the Company’s ALL-IN-AI strategy, enhance employees’
programs such as the “Iron Army Special Training Camp” have achieved remarkable results, continuously delivering reserve talents to frontline
????·×?ò·?×ò??×ò?/'ē??ê?ò??????????×???????ē??òē?ē???ē?ê×??
?????·ē??ēē?????ē×???ē??ò???ê×????E?òē??????òē×·???×?????????ē??????ê?ò?ē???×??ê???òēē×?ò?????·ē×??ê???ê×???ē??×òē????ò-
/?????????ē??h?×ò×ò?h????ē??,??ò]?????·?????ē??òē?ē???ē?-
erational transfer of core experience and professional capabilities, laying a solid foundation for improving overall team strength. On the online
?? ?×ē? ē?? /ò????ē×?ò h?·?ò?ê??? ???ē??òē? ??×òēê? ???ò×??? ·???ò?-
front, the Company has developed a dual matrix consisting of the E-L learning platform and the “QiaoYin Micro Classroom” video account,
wide AI training and skills competitions. The activity adopted a combination of
?ò???×ò?ê??ò×ò???????·???????×ê?··???×?ê??h?????êē???????êòò??·???×·?ê?????ē??·????×ò???êē×?ê????????×?òê??ê???h??
?òê×ò?·????ê????·?????ê??ò×ò?????×ò?×òē?ò?×??ē?×ò×ò??ò????×ò???×êê?
“QiaoYin Micro Classroom” has launched a series of micro courses, widely covering frontline business scenarios such as safety and vehicle
competitions, helping employees master the application of AI tools and
?ò????òē???ê×???×ò??ò??ê????ē?ē?????????ē?×ò???×?ê?ò?·?ò??ò×?òē?òò???
promoting the overall improvement of the Company’s AI capabilities and the
optimization of work processes.
Commitment to Building a Learning Organization
????h?ò?????ē×?ò?]??×?òê'?ò??êEò??????????×?a??·×êh?×ò×ò?
Program
In September 2025, to comprehensively enhance the capabilities of regional
Million Talent Program
general managers in strategic execution, resource allocation, and implementa-
EDP Leadership Series and Hundred tion of planning, the Company organized the “Transformation” Regional
High End Seed Talent Program General Manager Leadership Special Training Program. This training was
delivered by transformation lecturers and coordinated by the Training Team of
ē??,??ò]?????·?????ē??òē?·?ò??·ē??×òē???????????×ò?×òē?ò?×??
training, aiming to strengthen the core management capabilities of regional
??????ó????? ????ó???????????
general managers and support the effective implementation of the Compa-
Professional Training System
Specialized Training on ny’s strategy.
Seven Key Themes
Specialized Fleet Leader Intensive Training, Experi-
ence Sharing and Exchange Sessions, ???Mòê×ò????ò×ò?Yêē????a??·×ê??ò?h?×ò×ò?
Capability Enhancement Programs,
External Training and Others h??·×ê×ēē??????òò?ê???????×?òê?×?×?×?ò???????·ē????ò·ē×?òê????ē??òē??ò?????ēē???ē???·?????×ê×??×ē?ē??×?
?????ò?×?×ê×ē×????ò????ēò???ê??òē???·??????ò?ê??ò????ē?????ò?????×òēê??????×?ò?ê?·ē?????????×·ē??ê??ò×ò?
Management Pathway
Professional Pathway
zone has been established on the online learning platform. It targets personnel from functional departments, regional management,
Advanced Training for ?????·ē ?ò????òē? ????ē ē???? ò? ?????·ē ·ê????? Mòê×ò? ê??ò×ò? ò? ???????òē? ?? ·?ò??·ē?? ē????????ē ē?? ????
Functional and Project Roles Through the combination of course learning and online evaluation, it promotes continuous improvement in employees’ business
Talent capabilities and strategic awareness.
E???ē %?·???? h?×ò×ò?? ??ē×?·ē×?ò
Pipeline ???Y????·ē×??·ē???ò???×ò×?ē?ē???
h?????ò?????ē?ê×?????×????×???????ê????òē?ē????·????×ò?ē?????????????ò·??×ò·ê??×ò??ò????òē????????×?òêē?·?ò×·ê?
New Employee “3+1” and basic operations (M category 14 levels, P category 8 levels, O category 3 levels). Employees can achieve vertical promotion within a sequence
Onboarding Training based on their personal strengths or realize horizontal expansion through cross position rotation, comprehensively enhancing their overall
Foundation Mandatory Courses During Probation
capabilities. In terms of promotion assessment, the Company takes annual performance results as the core basis and implements a hierarchical
??ê?ē×?ò ??·?ò×??? ?×ē? ????·ē×?? ???????òē? ·?ò??·ē?? ?? ·???????ò?×ò? ???????×?òê ??ê?ē×?ò ?????? ē? ?ò???? ?×?ò??? ×ò ē??
Y??×???Y????·ēòē??h?×ò×ò??%??òēê×ò?
selection process. At the same time, the Company requires personnel proposed for promotion to key management positions to undertake on-site
Training
×òē??ò??×??ē???òēê×ò??????·ē???????ē×ò?????×òē???ē×?ò??ē?????ò???·ē×·?ò?·?êē×?ē×ò?????ē×ê??ò????òēēê?òē??
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Corporate Culture Development
???M??ò×?ē×?ò???ê%??ē×?ê'???òY?ē?·ē×?×ē×??
QiaoYin takes “Humanistic Care” as its core concept and systematically builds an employee cultural system. By creating a stable and warm
cultural atmosphere, it effectively enhances employees’ sense of professional belonging. In terms of family friendliness, the Company has
On the eve of the Mid Autumn Festival and
established a parent childcare area and, centered on themes such as traditional festivals and intangible cultural heritage inheritance, organizes
National Day in 2025, QiaoYin held a themed
employees to participate with their children in parent child activities such as “Scholarly Cinema” and intangible cultural heritage learning,
garden party titled “Full Moon Full Home
integrating cultural inheritance into family life. At the same time, to help employees relieve workplace pressure, the Company has created a
QiaoYin Together at This Moment” in the lobby
?×????×????ē?×????ē??????ê×??·ē×?×ē×???×ò·ê??×ò??a??×ò?ē????ê?h?????????????%????????ē???·ē???????%?ē????/òò??ē×?ò??ò?
?ò ē?? ???ē ???? ?? \×??×ò ?×ê?×ò? ē ē??
the “Moments Between Pages” series designed for fragmented time (including blind book boxes, book fairs and others), enabling reading and
headquarters, and simultaneously connected
relaxation to occur at any time and becoming an ideal choice for employees to relax physically and mentally.
with employees stationed outside to celebrate
??ē??òê×ò?ò????×ò??h?????òē??ē??????ò
Humanistic
games such as lantern riddle guessing,
handmade lantern workshop, blindfolded gong
striking, mooncake picking, ball hammering, and
rolling ball maze, as well as activities including
DIY lantern making, book selection and stamp-
ing at Qiaohong Academy, and buffet dining.
The purpose was to awaken team tacit
?ò????ēò?×ò?ò?·?×ê?ê×?????ē????????ê???
ò??ò????ê?×òē??·ē×?ò??×òē???ē?ē??·????
“small families” into the lively atmosphere of the
Care
“big family”, effectively relieve employee stress,
and enhance employees’ sense of professional
belonging and team cohesion.
/ò??×ē×?ò?\×??×ò·ē×??ê???ê?êê?
its social responsibilities. All
???M??ò×?ē×?ò????ēY??·??ê??×·ê,?ê×ò?]??×ò?a???×?ò?
employee cultural activities and
reading resources are open to the In September 2025, the QiaoYin Labor Union, in collaboration
public free of charge, creating an ?×ē?,??×ò]??×ò?ò??×ò???ê×ò??ē???×ò?ē×ē?ē×?ò????ê?
accessible knowledge dissemina- psychological healing reading session based on Art Psychother-
tion platform and supporting apy at Qiaohong Academy. The activity aimed to help employ-
educational equity and lifelong ees release work and life pressure, enhance psychological
learning. Through activities such resilience, and strengthen team cohesion. Under the guidance
as reading programs and expert of mentors, participants conducted self-exploration through
lectures, the Company has nonverbal methods such as painting meditation and color
gradually become a hub of expression. At the same time, with the assistance of brainwave
community culture, having devices and AI algorithms, personalized “Mental Health Assess-
organized more than 60 themed ment Reports” were generated, and one to one suggestion were
activities and served more than provided. Warm interactive elements such as anonymous
supporting the construction of arranged on site. The entire activity enabled employees to be
Liwan’s “15 Minute Cultural Circle” seen and accepted without the need for verbal expression,
and enhancing community effectively alleviating emotions and enhancing team belonging
cohesion and the Company’s and work vitality.
??·×ê×ò???ò·??
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
M··??ē×?òê,?êē?ò?a??ē? Impact, Risk and Opportunity Management
Safety Production Protection
Governance
h?????ò?????ē?ê×????·???????ò?×?????ò×?ē×?òê?ē??·ē???????··??ē×?òê??êē?ò????ē??ò????òē?·ê??ê????ò×ò?ē?? ? ?ē?ê×????·?ò×??????×ê?×ò???·ē×?ò?ê??????ê??×òē?òò·??ê?????·×êē??ē×ò???Inspect abnormal
conditions such as abnormal noise, leakage, and overheating daily, conduct comprehensive maintenance monthly,
'?ò??êEò???ò????????·??????·ē?ē????×????????ò?×?ê??????ò??h????????ē???????ē?ê×????ē?????×ē×?ò?????ē??ò?×ò??? and commission third parties for safety performance testing quarterly, strictly prohibiting equipment operation
with faults.
ē?·????×òē?ò??ò?????ē???×????ē????????ē???ò?êê?????·ē??/ò··???ò·??×ē?ē????×ò·×?ê????h????]????ò?×?×ê×ē×??ò?
Three Musts”, the Company implements safety management responsibilities of all professional departments. At the same time, the Company’s ? aē?×·ēê?×??ê???òēē???ò????òē???ē????????·×ê???×???òē?For special equipment such as boilers, high
voltage electrical equipment, and lifting machinery, implement registration and regular inspection, and operators
???ē??ò????òē???ē??·????????ē?×ò???·ē×?ò????????·ē×?·ē×?ò????ē??????·ē×?ò???ē×ò???????ò???ò????òē????ē?ē?×ò×ò?? Equipment Safety ???ē??ê?·??ē×?·ē??ò???ē×·×?ē?×ò????ê???×êê???????òē??
??????ē?????·×ê????ē×?ò??ò??×??·?òē??ê?ò?×????×???òò?êê?ò?·???????ò?×??ê????×?????????ē????????? Control ? aē??ò?ē??ò ?ò????òē ?? ?ê?·ē?×·ê ò? ??êò???ê? ·????ò?òē?? Ensure waterproof and oil resistant
treatment of electrical equipment to prevent short circuits and leakage, regularly disassemble and maintain
ēē?????ē×???ē?????ò?????ē?ê×??????ê?????òē×?ò??·?ò×?????×???????·?òē??êò?????×??òē×?·ē×?òò??????òò·? equipment, and promptly replace worn components.
ò??????êē???×????ê?ē×?ò?ò????òē???ē???·??????·ē????ē?ê×????ê×?ē???????ē×?òê·ē×?×ē×??ò????×???òē?·×ê×ē×??ò?
·ê??×????×??ê???ê?×òē?????·ē????×???????????ò?????êê???ò??ê????h?????ò??????êē??ò?×??ê???òē??×???ò????òē???·ē×?ò
and training plans, and regularly conducts comprehensive hazard inspections based on risk lists for control and emergency measures, ensuring
ē×??ê???·ē×?·ē×?ò?
In addition, the Company has established a systematic emergency response system covering various emergency scenarios, including emergency ? aē?×·ēê?????×?×ē???ò????ò?×êê??ê??????ê?·ē?×·×ē?×ò???????Garbage storage warehouses, incinera-
ē×?ò???????????×???ēò??ò??ē???????????×?????×ē?????·×?òē?????ē×ò??×?????????????òē?????
?êò???????ò????ê??×?ò???×??ò×ò?×ò·?ò?ò????·?????·?ò×·ê×ò???×????ê?·ē?×·???·??ò?·???×·êê??????????ò·????·???ē??×ê? sand and other equipment, with regular inspection and replacement.
?????×????ɑ??·?????×ē×??????????×????ē?×ò????ē??????ē??????????ē???êē??ê×???·??ē??ò????ē×??×ē????????ò·???×êê?êò?
are formulated, and one emergency drill is organized each month to enhance employees’ emergency response capabilities. warning signs, and install ventilation and deodorization equipment.
Fire Prevention and Odor
Diffusion Prevention initiate ventilation and inspection measures once exceeding standards.
Strategy
safety helmets and other corresponding protective equipment. Safety belts must be worn for high altitude
operations, with warning zones set and dedicated personnel for supervision.
In many aspects of urban management and operations, vehicle operations are an important component. The safe driving behavior of drivers is
directly related to the smooth implementation of operations and the safety of employees’ lives. To improve operational safety levels, the Company ? aē?×·ēê?×??ê???òē????ē×ò????·???????????????·??????In processes such as garbage feeding, slag removal,
???ē×ò?? ò? ·????×ò?? ?????òē ????×?ò ????·ē ?×?×ò? ò? ×êê??ê ????ē×?ò?? ?ê×?×òē×ò? ??·?ò×·ê ×ò???×?? ò?
has set strict accident rate control targets and formulated a series of comprehensive and detailed risk control measures. falling accidents.
Operation Safety aē??ò?ē??ò·?òē??ê??·?ò?ò????·?????ē×?ò??Protective railings and warning signs are set in areas such as
sewage tanks and sedimentation tanks. Ventilation and gas detection must be conducted before operations and
Management meet standards. Dedicated personnel must supervise throughout the process and emergency rescue equipment
must be equipped. Single person operations are strictly prohibited.
??··?êòē??ò?·×?ê?ê×????òē????ē·?????×?òò?ē??×·×ē???ò×ò??×?ò???ē???ē???????ē?ê??ò??????òē
leakage and mixed storage reactions.
Chemical Safety ? aēò???×?? ?ò?ê×ò? ò? ??? ?? ???ē?·ē×?? ???×???òē? Strictly follow operating procedures when handling
chemicals, and operators must wear corresponding protective equipment.
Control ??×???????ò·?ē??ē??òē???×???òē?Equip on-site with neutralization, adsorption, and emergency collection
equipment to respond to chemical leakage accidents.
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
???a??ē?Y????·ē×?òE?òē???×ê?×ò?aē??ò?a??ē????ò???×ò? a??ē??????ò·??×êê?ò?,???/ò???·ē×?ò
In June 2025, the nation’s 24th “Safety Production Month” arrived as scheduled. QiaoYin actively responded to the thematic call of To test and improve employees’ emergency response capabili-
“Everyone Talks About Safety and Everyone Knows Emergency Response Identify Safety Hazards Around You”, and, with a strong ties, during Safety Production Month, QiaoYin organized a
sense of responsibility and mission, launched a comprehensive and multi-level special campaign on safety production across the series of practical emergency drill activities in response to
country. complex operating environments, vehicle and machinery risks,
weather impacts and other factors. The types included
??????ò·? ??×êê? ??? ??? ???·??? ?×ê ?×?? ???ē???? ???×·ê?
??êê?·??????????ē????????ò???ē???···×??òē??ò????ē
aid for personnel. At the same time, the Company carried out a
nationwide comprehensive safety production inspection and
conducted a full inspection of key areas such as operating
???×·ê??? ???×???òē ò? ?·×ê×ē×??? ???·? ????×???? ò?
warehouses.
a??ē??êē??????ê????òē
QiaoYin attaches great importance to the development of safety production culture and creates a strong atmosphere for safety produc-
ē×?òē????????×?????????h?????ò??ò?????ē??????·ē×?ò?ê??ò?ò??òò???×ò???·?????×???ò?????ē×ò??×ē??????ē?
???ē????ê×·×ē????ē????ò???ē??????ē??ò??ê???????ê×·×ē?·?ê??ò???ò?ê×ò????ê?????ē??????ēê?×ò???ò·???????ē?·?êē????
Safety Education and Training
To effectively enhance all employees’ safety awareness and
emergency response capabilities, QiaoYin regarded safety
education and training as an important focus of Safety Produc-
tion Month and carried out a variety of training activities in
diverse forms with rich content. At the same time, the Company
invited senior industry safety experts and, centering on sanita-
ē×?ò????ē×?ò???ē?????×???òē????ē×?ò?ēò???????????ē?
and other topics, innovatively launched the “Safety Knowledge
Micro Classroom”. Through short videos, graphics and text and
other forms, it transformed complex safety knowledge into
content that is easy to understand, and regularly pushed it
through the Company’s online learning platform, video account,
WeChat groups and other channels. Employees could make use
of fragmented time for learning, thereby realizing the normaliza-
tion and convenience of safety education.
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Occupational Health Protection
???ê?????????????ò??×òê×??ē??ē???×??·??·ē??×?ē×·??????×ē×?ò?×ò?·??????·ē???·???ò???×ò×ò?ē??
respiratory system, skin, eyes, digestive system and other areas. ???Yò???×·E?ò×ē??×ò?ē?a??????h???·a??ē?
?????ēê?????ē???×ē×?ò????ò??ē??ē??òē?ò?ē?·???êē?·?ò?×ē×?ò???????ê??????×ē??ò???ê???×ò-
Health Monitoring tion results, and strictly prohibit working while ill. ēē??%?????E??×Y????·ē?
QiaoYin focused on driving
safety and built a “smart
sentinel” with the support of
AI technology. By additional-
and deodorization equipment in areas such as garbage storage warehouses, incineration workshops, sewage analysis system, blind spot
treatment workshops, and chemical storage rooms, conduct scheduled ventilation every day, reduce the
concentration of dust and harmful gases, and carry out regular disinfection and cleaning to prevent bacterial
alarms, and 360-degree
growth. panoramic visual AI
Improvement of ? a?ē ?? ·ê?ò×ò? ò? ?×?×ò??·ē×?ò ?·×ê×ē×??? Set up hand washing pools and disinfection facilities in operating monitoring technology on
areas to facilitate timely cleaning and disinfection after work, and promptly clean up residual sewage leakage.
vehicles, it carried out all
Working Environment
round integrated monitoring
and management of the
status of drivers and
transport vehicles.
????·×?òē???ē?·ē×?????×???òē??·?????ē????????????òē×?·?????×???ê??????×??ē?????ē??????×?ēòē
equipment, waterproof shoes, and protective goggles, and specify standards for wearing, use, and replacement.
“The system automatically analyzes drivers’ driving behavior. Once an abnormal condition occurs, it immediately issues an early
warning reminder.” When drivers engage in behaviors affecting safe driving during vehicle operation, such as making or answering
Protective Equipment expired and damaged items; strengthen training on use to ensure that employees wear them correctly and avoid
?··??ē×?òê×ò???×??·??????×??????????ē?·ē×?ò? phone calls, yawning, or closing their eyes, the system can also identify them in a timely manner and issue voice reminders.
Support Backend personnel can log in to the integrated management service platform to view in real time the driving status and risk status
?????×·ê??ò?·?????ē????ē×?ò???·??????ē???×·?·êê?ò??×??ò?ē×?·ē×?ò??/ò??×ē×?ò?ē???ê×ò????ē??·??ò×ē×?ò·???
installed on the right side of the vehicle can promptly detect pedestrians and, together with the sound and light alarm, issue safety
reminders to alert drivers and pedestrians to stay away from blind spot areas, thereby safeguarding the safety of all parties.
columns, and post protective knowledge posters and warning slogans to enhance all employees’ awareness of
self-protection.
?ē?ê×?? ·?ò??êēē×?ò ·?òò?ê? ò? ??????ē??? ??????×?×?ò? Establish employee health consultation
Health Publicity regularly cleaning protective equipment); the Company headquarters regularly inspects and supervises the
implementation of measures and continuously optimizes protection measures.
and Training
Indicators and Targets
Indicator Unit 2025 Performance
?????×???ê??ò??]????·×ēē×?ò?????ò·?%×??ē×?h?×ò×ò?
Occupational health and safety related drill activities Session 21
In 2025, to enhance employees’ emergency awareness, improve their self-rescue and mutual rescue capabilities, and create an
atmosphere of “Everyone Talks About Safety and Everyone Knows Emergency Response”, the Company invited Liwan District Red
???? a?·×?ē? ò? a?ò?×ò ,?êē? E??×·ê ?òē?? ē? ·?ò??·ē ·??×???ê??ò?? ?????·×ēē×?ò ??????ò·? ???ē ×? ē?×ò×ò? ??? êê Number of participants in occupational health and safety
???ê?????×ò?ò????ò·?]?????òē???ē???????\×??×ò?×ê?×ò??h??ē?×ò×ò????ē??·???×òē×?ò?????×ò????êòē×?òò? Persons 255
related drill activities
??·ē×·ê??×êê????ê?×ò????ê???????ē?????ē×???×êê?ò?×??????ē??×???????ò·??????ò??·??×ê×ē×??×ò?????ò×ò·×??òē??
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
???×òò×ò?ē??h×ēê????'?ò???????ò·???êê?·ē×?????·ē×ò?]×??ē????ê??
In April 2025, Guangzhou Municipal Committee Political and Legal Affairs Commission and Guangzhou Foundation for Justice and
Courage held the 2024 “Guangzhou Good Citizen for Acting Righteously”, “Guangzhou Advanced Collective for Acting Righteously”,
ò?ē??·?ò??ê?ò·?ò????·?????ò????·ē????×??ē????ò???ò?·?????×òē?????ē???ē?????????ēē?????òē?\×??×ò??
awarded the title of 2024 “Guangzhou Advanced Collective for Acting Righteously”. It was the only enterprise in the industry to receive
ē?×???ò??ò??ò????òê??????ò?????òē????×???×òē??·×ē??
/òē????ê??????ê???×ēê×?ē×?ò?ē??%??ò?ē×?ò·ê???ê???êê??????ê??òē????ê????òē???????ē???????ēē??×òē???ē×?ò?????ê?ò×ēē×?ò
and the improvement of infrastructure. In terms of caring education assistance, it donated funds to improve schooling conditions in rural areas
ò?????×????·??ê???×?????òē??ò??ē??×ê??????ēē??ē???òē?×ò?×??·?êē?ò?ê??ē???×ò?·?×ê???ò?ēē?????ē×????????ò×ē??×ò
???×ò????×ē·?????????òēê×ò??????????????ē??·????ò×ē?ê×??ê×?????×·???????·ē?????ê×·??????ò·??????ò???ò??ò?×??ò??òēê?ò×ēē×?ò
safety prevention and control, and supports common prosperity through targeted public welfare actions, transmitting the power of kindness.
????ò×ē?]?êē×?ò??×? ????òē×ò?%?ò??ē?,?ê?M??òn?ē????×??Y?????×òE??òē×ò??????
ò?Y?×ò?,??ē???×ò?]?????]??ê]??×ēê×?ē×?ò?×ē?????
Management /ò;?ê??????'?ò?????E?ò×·×?ê%×òò·×êM??·??ē???ē????×ē???êē×?ê???ē×?????òēē????h??òē??????òē???????????ê
???×ēê×?ē×?òē????????×?ēò·?ē?ē??ò?ò??×êê??????ò???ē????ē×·×?ē×ò???ē×???\×??×ò??×ò??ē????ê??ē×?òò?·ē×??ê?
responded to the initiative of “Repair the Life Passage and Bring Warmth to Mountain Communities” issued by the People’s Govern-
ment of Dazhe Town. It promptly donated funds to support the construction of the road from Dongpian Village to the emergency
During its continuous growth and development, QiaoYin has always kept its corporate social responsibility in mind, actively devoted itself to public
shelter site. Through practical actions, it interpreted corporate responsibility and provided strong protection for the safety of more
welfare undertakings, and given back to society through practical actions. Together with Guangzhou QiaoYin Charity Foundation, guided by the
than 6000 residents. It also empowered the local area to accelerate the advancement of the “Hundred-Thousand-Ten-Thousand
??????????M????×ò??×ò·???ê????··???êē×ò????ē?×?ē????êê??×ē×ò??????ē?ò??×??ē????ê×?????ê?êê×ò????ê×·??ê????????ò?×?×ê×ē×???ò?
Y????·ē?ò?·??????ò??·??ē??×ò???ê???×ēê×?ē×?ò?
promoting the healthy and sustainable development of public environmental sanitation safety prevention and control”, approximately RMB 2.65
million was donated throughout the year, focusing on core directions such as rural revitalization and caring education assistance, while taking into
account the improvement of urban services and people’s wellbeing, thereby practicing public welfare responsibility.
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Innovation Driven,
Urban Upgrading
PART
FOUR
Key ESG Topics of This Chapter ]????ò??ē?a'?'?ê?
?]????·?ò????ê????òē/òò??ē×?ò
?Y????·ē\?ê×ē?ò?a??ē?
?×?×ēê????????òēò?h?·?ò?ê????×??ò
?×?·?ê?·?ò???
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Enhancing Urban Services Strategy
The Company initially centered on “serving cities” and proposed the service model of “urban and rural sanitation integration”, vertically integrating the
Governance
???ē???ò????ò?ē????ò×ēē×?ò????×·?×ò???ē??·?×òò????×??òēêê????ò?×ò?????×·????×?ò??????ò???????????·ē????ē×?ò?????×?ò·??
the Company upgraded “serving cities” to “managing cities” and proposed the “city steward” service model, integrating resources of civil and public
spaces and applying multi segment smart sanitation systems to further deepen service capabilities. To help the government improve urban governance
???·×?ò·??ē?????ò?????????ē????×ē??????×·?????ê????ò???????×·????ò??×???????·???????ò??òē???·?????òē·??ē??ò?·?×????
QiaoYin adopts multidimensional governance approaches to comprehensively improve urban service levels. It focuses on eight core aspects breakthrough from “managing cities” to “operating cities”.QiaoYin is committed to building a modern full domain urban service system. From proposing
including development strategy, control systems, governance models, business models, business structure, capital forms, brand image, and talent the “Urban and Rural Sanitation Integration” model in 2017, to releasing the “City Steward” model in 2020, to implementing the “@City” comprehensive
development, and gradually implements the “two verticals and three horizontals” operational development structure. At the same time, the governance model in 2022, and to advocating the iterative upgrade to the “Embodied Intelligent Urban Comprehensive Governance” model in 2025, it
???ò? ????????? ·???ê?ē? ????ē×?òê ????×·? ??ê×?·ē×?ò?? ??ê?×ò? ???? ē?ò ??? òē×?òê? ????×ò·×ê? ???·×ê ????? ò? ???ē ???? ·?òē?×??ē??ē?×?????×ò????ò?????òò·????·×?ò·??????·×ò??????ò??òē???·?????òē·??ē??ò??ò?ò·×ò?????ê?????ò??????êê??×ò??
·??ē×?·ē×?ò??×ò·ê??×ò?'?ò???ò?Y???×ò·?a??·×ê'???\?ê×?·ē×?ò???a????×ò???êê?·ē×?ò?h?ò????ēē×?òò?ê?ò×ò?ò?×??ò??òēê
aò×ēē×?òa???×·???a??·×ê'?????ē×?·ē×?ò??ē×?·ē????×ē?aē????a???×·???M???ē×ò??×·?ò?????n??ò????ē×·?ē?a????×ò??
?êê?·ē×?òò?h?ò????ēē×?òa???×·???ò??×òê?ò×ò?/ò???ē??Gē×?òê%×??ē'???\?ê×?·ē×?ò?/ē??ê??ē??òē??ê??×òē??×ò???ē??
×ò???×ò?ē?×?ê?·??ē×?·ē×?ò???/aM?????ò?×??ò??òēêEò????òēa??ē???/aMǎ???\?ê×ē?Eò????òēa??ē???ò?/aM?????M··??ē×?ò-
al Health and Safety Management System. As one of the earliest enterprises in China engaged in comprehensive digital and smart urban services,
\×??×ò??·?????òē????????×ò???ē?×?????×?×ēêò????ē???×???òē??×?×ēêò????ē·ê???·?òē??ê?ò??×?×ēêò????ē????×·???/ē??
Impact, Risk and Opportunity Management
established a systematic system for research and development, manufacturing, and services, forming an integrated smart city governance
solution of “Air, Space, Land, Water, Life, Production”, supporting the transformation and upgrading of the urban service industry and achieving
The environmental sanitation management industry is an emerging comprehensive industry in the early stage of marketization, with limited organiza-
·??ē????·ē×?ò????·×?ò·?×????????òē?ò?????ò??????ē??
tional level and low concentration. With the rapid development of the industry, the involvement of upstream and downstream enterprises and the
·?òē×ò?????òē????ò???òē????×????????×?????òē??ê???×êêê??ē?×ò·???×ò?ê?×òē?ò?×???????ē·????ē×ē×?ò?×????
Digital and Smart Urban Management
h?????ò???·???????ò?×??ê????????×ē???×?×ēêò????ē????ē??ò???×êēò?????????G????ē·×ē??ò????òē????×·????ē???×ē?
???%×??ēGē×?òê?ē?ò??????×?×ò?ò?aò×ēē×?ò]???ēa??·×ê???×ēē?? ē?·?ò?ê????ē???ò?×ò??×ē?????ē??????ē??×ē×?òê????×·????ò??×???????????????ē×ò?·×ē×???ē???×?×ēêò????ē·×ē×???ò?×ò??·ē?ò??
quality productive forces into the digital and smart upgrading of urban management and smart city construction. In 2025, focusing on business
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transformation and comprehensively consolidated its digital foundation, providing strong support for high-quality development. In 2025, focusing on
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?????∝????孷???俓??∝???恧敧?埋???????埧????侄滏俙????奀孀???????嬧??槽槵???????
digital and smart upgrading and comprehensively consolidated its digital foundation, providing strong support for high-quality development.
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Comprehensive Construction of Finance,
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Business, Legal, and Tax Platform
Relying on the city partner system for support, promote rapid system %?êê?·???ê?ē??????·ē×ò×ē×ē×?ò?????êē???????·ē????·???ò??×ê?×ò?
implementation through standardized implementation plans and ?×???·?×·ê?????ē?ò????òē???ē??ē?·?×?????êê???·??????ò??
training, and simultaneously complete process sorting and authority control, and establish a contract management system to realize closed
adaptation to ensure the smooth transition of organizational structure loop lifecycle management from drafting to performance.
·?ò???ò????·×?òē???×ò???·?òò?·ē×?ò?
?ē?ê×????òē??nò×???òē??ò? Iterative Upgrade of Smart
Information Interaction Center Sanitation Construction
h?????? ē?? ·?ò?ē??·ē×?ò ?? ?ò×??? ???ēê? ?ē??òē×·ē×?ò ·?òē??? The smart sanitation system continues iterative optimization,
and information interaction center, achieve cross system collabora- building core modules such as full process salary management,
ē×?ò? ??·??×ē? ·?òē??ê? ò? ???·×?òē ??????·? êê?·ē×?ò? ????×?×ò? ???×·ê? ?ò????òē? ò? ???? ???×ē×?ò ò? ?ē??ò?? h?? ???ē??
precise data support for business expansion. ·????? ??? ?????·ē? ò? ?????? ?????? ?ē??ò?ê? ??????ē×ò? ???ò
??????·??? ????ê????òē ·?òē???? ò? ???òēê×ò? ?????·ē ????ē×?ò
management needs.
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
AI New Quality Urban Service System Solution QiaoYin @ n??ò?ē×?·×ê/òē?êê×??ò·???×???òē
The Company owns more than 40,000 operating vehicles and equipment and more than 500 water surface cleaning vessels. It has successfully
\×??×òē?????ē×?·×ê/òē?êê×??ò·??ēM???ē×?ò??ē??·???ò???×ê??????ò?ē?ē×?ò?????·ē?????ē???ò????×·???ê?ē×?ò?×òē???ē×ò??/
developed intelligent equipment such as patrol robots, intelligent sweeping robots, underground pipeline robots, and humanoid robots for garbage
? a???×·?? ?êē????? ?×?×ēê ò? ???ē ???×???òē? ò? ?×?×ēê ò? ???ē ×ò???ē?×ê ?·????ē??? ????êê? ?????ē×ò? ·???????ò?×?? ??ê×·ē×?ò?
bin handling, actively promoting intelligent, networked, and panoramic smart robot cluster operation solutions.
supporting the transformation and upgrading of the urban service industry, and continuously meeting people’s growing needs for a better life.
Model-Q
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QiaoYin @ Urban “AI + Service” \×??×ò?n??ò?ē×?·×ê QiaoYin @ Urban Industrial and convenient cleaning services for large scale areas such as parks,
Mega Platform Intelligence Equipment Ecosystem
/????E???ê????????òē?]??ò??Eò????òē? /ò??·ē×?ò??G??\?ê×ē?Y????·ē×??%??·???nò?òò?? Self-Managed Operation, Investment Attraction
industrial parks, and plazas.
Visualized Analysis Operations, Automated Supervision Industries, Building New Urban Brand Image
and avoid obstacles, ensuring a safe operating environment.
cleaning routes, ensuring comprehensive coverage without omission
or repetition.
automatically completes cleaning tasks and is equipped with
??ò·?? ??ò·ē×?ò? ??·? ? ?ē??ē×· ?ē?? ???êê×ò?? ·???×ò??
QiaoYin @
garbage dumping, and station standby.
“AI + Service” Mega Platform
h?????ò????ē?·?ò·×???·?×ē?·ē???????/???ò?ò????òē????×·?×òē?êê×??òē??òē?ē?×??êē???????ò?òò?????×???òē????ê??
?G??ê×·ē×?ò?·?ò?×????×òē???ē×ò???êê???×ò?????òò·??·?ò?×?????×??a?·???ò??ē???Y????·ē×?ò?ò??×????h???????ò?òò????×ê
vehicle automatic inspection, AI video intelligent recognition, mobile collection vehicle inspection, and manual routine inspection, it builds a three-di-
mensional monitoring and early warning network of “Air, Space, Land, and Water”. At the same time, the Company actively promotes the development
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Model-Y
M??ò]??nò?òò??ê?ò×ò?]???ē
environments, providing integrated intelligent sweeping, vacuuming,
and spraying services.
perception sensors, which can identify and avoid obstacles, ensuring a
safe operating environment.
cleaning routes, ensuring comprehensive coverage without omission
or repetition.
automatically completes cleaning tasks and is equipped with
??ò·?? ??ò·ē×?ò? ??·? ? ?ē??ē×· ?ē?? ???êê×ò?? ·???×ò??
garbage dumping, and station standby.
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
QiaoYin @ Urban Industrial Ecosystem
Model- I
?????·×ê/ò????ê?ò×ò?]???ē QiaoYin consistently adheres to a people-oriented approach, unlocking new quality productive forces and applying
technology to more spaces, supporting cities in transformation and creating greater comfort and more pleasant
experiences for people’s better lives.
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and public service halls.
self-developed navigation algorithms to intelligently identify and avoid obstacles,
ensuring smooth operation in complex indoor environments. It supports multiple cleaning
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????×ò???ò·ē×?ò??ò?·ò???×?ê???ēē??×?????òē×ò????????????·???
ing, and remote control, allowing users to easily operate and monitor it through an
application.
Model-A(N)
Unmanned Smart Urban Service Integrated Operation Robot
tracked), a robotic arm 3D vision execution mechanism, and a smart controller (including
mobile operation software).
mobile inspection and operation across multiple scenarios, can intelligently identify
abnormalities and promptly perform tasks such as garbage collection, and can be
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Autonomous Cleaning Vessel Unmanned Aerial Vehicle Intelligent Sorting Robot
Model-A(C)
nò?òò??Yē??êò??ê×????/òē???ē??]???ē
Internet of Things technologies such as autonomous driving, facial recognition, and
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urban management, and parking management.
Equipped with an advanced perception system, including sensors such as LiDAR,
cameras, and high precision GPS, enabling real time perception of the surrounding
environment and ensuring the safety and accuracy of patrol operations.
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AI Intelligent Information Intelligent Fatigue Driving and
Collection Vehicle Blind Spot Early Warning System
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
??? ??ò·? ?? ē?? ?????×?? /òē?êê×??òē n??ò ???????ò?×?? '????òò·? ??? ?/ a??ē /ò???·ē×?ò ò? ×??ē·? a??ē??? a?ê?·ē?? ? Mò? ?? '?ò?-
E???ê??M??ò×ò?ē?????a??ē×ē×????? ??????%×??ēē·?????ē×?·×ê/òē?êê×??ò·???h??×·ê???
/ò ?·????? ????? ē?? ?????ɑh?×??? / ? aò×ēē×?ò a???×ē In March 2025, the themed event “Empowering All Industries with
%????? ?? ??··?????êê? ??ê? ×ò ?×?×ò?? /ò???ē?? ê????? Intelligence and Enabling Thousands of Sectors” of Guangzhou
gathered to discuss the practical progress and future trends of ?ē×?·×ê/òē?êê×??ò·?Y??ê×·????ē×ò??òē??ò?ē??%×??ēE??ē×ò???
/ ×ò ē?? ??ê? ?? ???ò ????×·??? ???????òēē×?? ?? \×??×ò '?ò????? ?ē×?·×ê /òē?êê×??ò·? ????ē×ò? Y???? ??ê×·ē×?ò ò?
delivered a keynote speech titled “Reshaping Urban Services: A Industry Development Alliance in 2025 were grandly held in Guang-
Data and Intelligence Driven Future”, introducing the Company’s ?????ēē?????ē×ò??ē??ê×?ē??ē?????ē?ē·?????ē×?·×ê/òē?êê×??ò·?
self-driven transformation path toward becoming a “Digital and ??ē??×·ê·???×ò'?ò?????????òò??ò·???\×??×ò??··?????êê?
Smart Urban Operation Service Provider”, providing guidance made the list with its “AI Smart Inspection and Dispatch System”,
for the reshaping of industry production relations.
becoming the only enterprise from its industry selected, marking that its AI technology application has been highly recognized by the
?????ò??òē ò? ē?? ×ò???ē??? ??êê? ????ò?ē?ē×ò? \×??×ò?? ?ē??ò? ?×?×ēê ò? ???ē ·??×ê×ē×?? ×ò ē?? ??ê? ?? ???ò ????×·?? ò?
The Company innovatively proposed the 4.0 model, namely the “Embodied Intelligent Urban Comprehensive Governance Model”,
×ò??·ē×ò??ē??ò?????òē??×òē?'?ò????????????ēē???×ê?òē×?òê???????ē×?·×ê×òē?êê×??ò·?·????ē×ò????????ê×·ē×?ò??
building a complete governance capability system covering “Perception, Reasoning, Decision Making, and Execution”, addressing
pain points such as data silos, experience driven operations, and extensive operations in the industry, and realizing a paradigm
transformation from “Passive Response” to “Predictive Operations”.
???Y?ēò??×ò??×ē?ē??Gē×?òêê???????ē×ò?h??ē??×ê?ē??/ò???ē????%×??ē
?n??òY??ê×·a???×·?/òē?êê×??òē??òē?
/ò ;?ê? ????? ē?? ??ê? ?ē×?·×ê /òē?êê×??ò·? ?ò????ò·? ò? ē??
,×???????ê E??ē×ò? ?ò 'ê??ê '????òò·? ?? ?ē×?·×ê /òē?êê×??ò·?
????,?ò??a??ēEò????òē??òē?×ò?%×??ēYê·?×ò'???ē?ē????? opened in Shanghai. With the theme of “Intelligent Era Shared
Future”, the conference comprehensively showcased the forefront of
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AI technology, industry trends, and the latest practices in global
governance. During the conference, the “China Electronics Cloud
?ē×?·×ê/òē?êê×??ò·?/òò??ē×?ò???ê????òē%????????×?????ē??
/ò ;ò??? ????? ē?? ???×?òê? ?? ē?? / ??òē 'ê??ê a??·×ê
M??·???ē??M??ò×?×ò????×ēē????ē????ê??ē×?·×ê/òē?êê×??ò·?
????ē×ē×?ò??ē??h?×??Gē×?òê?ē×?·×ê/òē?êê×??ò·???ê×·ē×?ò
Conference, was successfully held.
Scenario Innovation Challenge (CICAS), hosted by China Society of
?ē×?·×ê /òē?êê×??ò·? ò? ??×òēê? ???ò×??? ?? ē?? M??ò×?×ò?
Mr. Xia Guanming, President of the Company, was invited to attend the conference and participated in the signing ceremony of the China
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Electronics Cloud AI Large Model Cooperation Initiative. Both parties will focus on cooperation in areas such as urban public service
×?/òò??ē×?ò?êê?ò???ē??/òē??òē×?òê?ē×?·×ê/òē?êê×??ò·?ò?
intelligent agents and integrated city management (urban governance, urban safety, and urban services).
Computing Power Standards Association, and The Hong Kong
University of Science and Technology (Guangzhou), concluded
successfully in Shenzhen. QiaoYin’s “Huanyu Smart Management
Agent” stood out with its systematic innovation and large-scale
×??ê???òēē×?ò·??×ê×ē?×ò???ò????×·??·?ò?×????×òò×ò????ē
Indicators and Targets
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h?×???ò??×?ò?ē?òê???·??ò×ē×?ò??\×??×ò??×òē?êê×??òē??òē?????·ē????ēê???×??????ē×?ò??ē??×ò???ē????\×??×ò??
innovative “Embodied Intelligent Urban Comprehensive Governance Model”, marking that QiaoYin, as a leading enterprise in AI
urban service applications in China, is gradually building technological barriers and an ecosystem that lead the industry. QiaoYin will continue to adhere to its original aspiration of “Technology Empowering Urban Development”, continuously increase investment in the
?????·?ò?????ê????òē??ē?????ò?????òò·?????×·?×òē?êê×??òē??òē?ē?×???????òē??·?êê???ē×???·????ē?????Yêē?????a·?ò?×??
Service”, and, through more concrete technological achievements, more implementable service solutions, and broader ecosystem collaboration,
contribute more replicable and scalable “QiaoYin Solutions” to building livable, resilient, and smart cities, steadily advancing toward becoming a “World
Class Leading Brand in Comprehensive Improvement Services for Human Settlements”.
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Case: Creating a New Vision of Human Machine Symbiosis in Urban Governance ???????×òē???ò??a??ò?×?M???ē×?ò??×ē?G?ê×ò?a??ē?×òê?ò×ò?
and Inspection
QiaoYin launched a smart sanitation service platform as early
as 2016, realizing intelligent management of “people, vehicles,
As a leading urban operation service provider in China, the Company has independently developed L4 level autonomous driving
and materials” in sanitation operations. In recent years, the
sweeping robots. Through the coordination of machine vision and lidar, these robots can achieve functions such as obstacle recogni-
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tion in complex urban environments, automatic obstacle avoidance, passage through narrow roads with sweeping operations,
sen Memorial Hall Cleaning Service” and the “Hohhot Xincheng
multi-mode cleaning, automatic charging, and one click task dispatch.
×?ē?×·ē /òē???ē?? aò×ēē×?ò a???×·? Y????·ē?? ??? ??ē?
×ò·?????ē?? ?ē×?·×ê ×òē?êê×??ò·? ????ē ????ē×?ò?? h??
/ò ē?? ?×?ò ?×??? ·?òò?ê?? ē?? ?ò?òò?? ×òē?êê×??òē ·ê?ò×ò? ?????ê ????ē?? ???×?ê? ò? ???·×?òēê?? ??×·?ê? ·?êê?·ē×ò? ??ē×ò?
unmanned cleaning vessel deployed in Liwan river channels can
waste such as duckweed into the net bag beneath the vessel. After completing garbage collection, the unmanned cleaning vessel
automatically complete water surface garbage collection and
automatically returns to the docking point, where sanitation workers remove and transport the waste from the net bag.
return to port for unloading.
The Company has also introduced AI composite recognition technology in Kaifeng North American Vein Industrial Park to realize
×òē?êê×??òē ????? ???ē×ò?? /ò ē?? ??ò×·×?ê ê???ê ×òē???ē?? ?ò×ēē×?ò ?????·ē ×ò '?ò?????? / ×òē?êê×??òē ×ò????ē×?ò ·?êê?·ē×?ò
???×·ê????×ò????ē×?ò?/ò???ê?????·ē?×òE?òò×?ē?×·ē?E??×ò?×ē???ò?òò????×ê???×·ê?×ò???·ē×?ò?????ò×òē????·???
?×?ò×?·òēê?×?????×ò?ē??··??·?ò????·×?ò·????ò×ēē×?ò×ò???·ē×?ò?/òē??%?????E??×h??ò?????·ē??ò×ēē×?ò???×·ê??
are equipped with driver behavior analysis systems, blind spot alarms, and 360-degree panoramic visual AI monitoring technology.
In addition, the Company has introduced unmanned aerial vehicles for inspection, expanding the scope of supervision and enabling
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and a “Perceptive Brain” covering approximately 12 square kilometers, equivalent to the workload of about 10 inspection personnel, greatly improving the
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QiaoYin actively embraces the wave of the digital economy and
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Project Data
ē×?ò ē?·?ò?ê??? ×òē? ??êē×?ê? ?????·ē? ??·? ? %???ò ???×? Analysis
and Fuzhou Mawei, recently achieving phased application
Event
results. By further improving the central integrated brain, it Statistics
conducts automated analysis of scenarios such as garbage
treatment, driving safety, and road maintenance, realizing full
Personnel and
Vehicle Data
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process closed loop management of road transportation within
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On Site
E?ò×ē??×ò?Y???ê? At the level of digital and smart equipment, QiaoYin has
urban service system covering all domains and scenarios across established a full scenario robot matrix including low altitude
êò?? ??? ò? ×?? ??×ê? ?ò???×ò? ??? ?????·ē ????ē×?ò? ò? inspection unmanned aerial vehicles, autonomous driving
×?????×ò????ò????ē×?òê???·×?ò·?? sweeping vehicles, pipeline inspection robots, water surface
cleaning vessels, and sanitation humanoid robots, which have
been piloted and implemented in multiple service cities. These
devices are equipped with edge intelligence technology.
Through three types of edge sensing devices including vehicle
???òē??? ????ê?? ò? ???? ??×òē? ò? ?? ê?????×ò? ?×??ê
recognition and high precision positioning, combined with
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environmental perception and autonomous operations and transmit desensitized data back to the “Urban Intelligent Agent”, thereby
constructing a complete closed loop of “Perception-Thinking -Execution-Feedback”.
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
]????·?ò????ê????òē Impact, Risk and Opportunity Management
Innovation Industry Academia Research Collaboration
QiaoYin collaborates with leading teams in
Governance
?×??ē?·??????·???ê???×ò·ê??×ò?ē??Gē×?ò-
al Intelligent Connected Vehicle Academician
Workstation, Northeastern University, Harbin
Institute of Technology Robotics, academi-
/òē????ê??????ò?ò????òē????×·??×ò?×ò?\×??×ò·?òē×ò???ē????????????ē??×ê??·???×ēē??ē??????ē×ò?ē??????ê????òē?? cians of the Singapore Academy of Engineer-
???ò ????×·?? ē?????? ē?·?ò?ê??×·ê ×òò??ē×?ò? h?? ???ò? ?? ??ē?ê×???? ?·×?òē×?· ò? ??êê??ē??·ē???? ?????·? ò? ????ê????òē ing, and teams from Nanyang Technological
process. From accurately identifying environmental protection needs at the product design stage, to applying professional technologies to build nò×????×ē??ē???×òēê???ē?ê×??ē???×?×ēêò?
??ê?ē×?ò????×ò????ē??????ê????òē?ē??ò·?ò??·ē×ò??×??????·?òē??êē??????ê?ò·?ē??ē×ò??ò??òêê?·?òē×ò????ê???ē×?×?×ò?????ē×?òò? Smart City Research Institute”. By integrating
maintenance management, each step is implemented with solid execution. The Company strives to serve urban service work with higher quality the strengths of all parties, it focuses on
technological achievements and contribute practical strength to the green development of society. deeply empowering AI technologies across full
dimensional and full lifecycle comprehensive
urban management scenarios.
Launching Ceremony of the Joint Research Institute with Western Intelligent Connectivity (Academi-
cian Workstation), Northeastern University, Guoyan, HRG and Other Institutions
Strategy
Standards Leadership Program
h?????ò???????ē????ò?×ò?ē????ê×·ē×?ò???ò??×??????ē×?·×ê/òē?êê×??ò·??n??òa???×·???ē??????×ò???ē?×ê?·????ē??·?êê??-
ration. Through an open and cooperative innovation model, it accelerates the formation of new advantages in industrial development and Relying on extensive practical experience in urban and rural environmental services, the Company has successively drafted, led, and participated in
?????ē??ē??????×òē???ē×?òò??×?????????ê×·ē×?ò???ē×?·×ê×òē?êê×??ò·?×òē????ê??????ò????×·???×?×ò?ē???ê????êê?ē×?ò?????ò- the preparation of 17 national standards and group standards, including Requirements for Environmental Sanitation Cleaning Services in Urban and
ē×?òò?·?òē??ê·?êê?ò????×?×ò????????ò?????·ē×?òò??×ê?ê×?????·????×ê?????×ē×?ò???ē??ē??ē??ē??òē?×????×?·ē×?ò??ê???? ]??ê ????ò×ē×??? h?·?ò×·ê a??·×?·ē×?ò ??? ?êê?·ē×?ò ò? h?ò????ēē×?ò ?? '???ò ?ē?? ò? h?·?ò×·ê a??·×?·ē×?ò ??? ?êê?·ē×?ò ò?
treatment, and hazardous waste treatment. h?ò????ēē×?ò??=×ē·??ò?ē??h?????ēò????·??????êē×?ê??????òē????ê????·?????òò????ê?ò×ēē×?ò???ē?·?êê?·ē×?òò?ē?ò????-
ēē×?ò?ò??ē??????·?·ê?ò×ò??h???????êē×?òò?×??ê???òēē×?ò??ē?????ēò????????×???·×?òē×?·??×?ò·?ò?????ē×?òêò???????ē??
collection and transportation of domestic waste and the cleaning of urban and rural roads, effectively promoting the development of the industry
toward standardization and normalization.
Intellectual Property Protection
QiaoYin regards its intellectual property strategy as a core support for
innovative development and has established an intellectual property
management system covering all types including trademarks, patents, Indicator Uniy 2025 Performance
ò? ·????×??ē?? ×?????òē×ē?? ò? ???ò?? ?ò????òē ?ē?ē??×?? ??
implemented for different attributes to ensure standardized operation
throughout the entire process from creation to application and protection.
Software
To stimulate innovation momentum, the Company has established an Item 85.00
copyrights
incentive mechanism covering all types including inventions, utility models,
and software copyrights, implementing phased rewards for acceptance
and authorization, clarifying standards for inventor contributions, ensuring Total number of
Item 202.00
fair and effective incentives, continuously stimulating employees’ innova- valid patents
ē×?ò??ē?òē×ê?ò?×ò??·ē×ò?×òò??ē×?ò????òē??×òē????ò????×·??ò?
green development through solid intellectual property accumulation.
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Indicators and Targets Impact, Risk and Opportunity Management
The Company has established a full process quality assessment and on-site inspection mechanism covering general cleaning, routine cleaning, waste
transportation, public toilets, landscaping maintenance, and water surface cleaning, continuously improving operational compliance rates and client
Research and Development Targets Content ?ē×??·ē×?ò?Y?ē?òē×ê????ē×?òê?×???×??òē×??????·???????òò?ê?×?êē×?ò?????·×?ò·×??×ò?·×ê×ē??×òē?òò·??ò??×ê???ē????ē???????òē
standards, may adversely affect brand reputation and contract renewal if not properly controlled. Relying on digital supervision methods, the Compa-
ò??????ē?????ò??ò?ò???ê×?????ê×ē??ò????òē?·?òē×ò????ê?????·??????·ē?ē???ē???????ò?ò·×ò?????ē·????ē×ē×??ò????·?ò??ê×?ē-
Mainly intelligent sanitation and urban management operation
]????·?ò?????ê????òēò??????·ē×?ò????×?×ēêò????ē? ×ò?×ē??×?????ê×ē?????×·???ò?×????ò?·??ē×ò??????ê?·?ò?×ē×?ò???????ò?×ò?·?????ē×?ò?????·ē??×ē??????ò??òē?ò???·×?ē??
equipment: Sanitation robots, unmanned sanitation vehicles,
???ò????×·????×???òē
intelligent inspection systems, and security robots.
]????·?ò?????ê????òē??·×ē?ê???ê??×?×ēêò????ē Mainly building a city level management service cloud control
???×???òē?×òē?êê×??òē·?òò?·ē??·ê???·?òē??ê?ò????òēò? platform based on Internet of Things device terminals, big data, and
digital twin technology.
Human Machine Collaboration
???ò·???????ò?×??????×·?????ē×?ò?ò????òē?êē????
The Company has gradually formed a complete set of “human machine collaboration” operating methods. That is, manual labor is mainly responsible
a?????ē×ò?????ēò??????·ēē?????×òē???ē×ò????×???òēò?
·?ê??×·ê·?êê???ē×?òē?????×????êê?×??ò?×?òê??×?×ēêò? for cleaning sidewalks and auxiliary lanes, while mechanical vehicles mainly undertake mechanical cleaning of carriageways (fast lanes) and areas
cloud control platforms to provide comprehensive “digital and smart”
smart” services for cities beneath isolation barriers. At the same time, mechanical cleaning and washing operations can effectively and rapidly remove accumulated sediment
services across entire urban areas.
?ò???????·??ò?·?????ēê????·ê?ò??×?????·×?ò·?????×ò?ò?·ê?ò×ò?????ē×ò????ēò??×?ē?ò??ēêò???????·ē×??ê?????·×ò?
airborne particulate matter.
Y????·ē\?ê×ē? a???ê×??Eò????òē
Governance Governance
\×??×ò????ē?ê×??????ê×ē?×ò???·ē×?òò???????×?×?ò?ò????òē???ē???×ē???êē×?ê?ê???ê???·?òē??ê??????????ē???ē??????·ē?×ē??? QiaoYin has formulated systems such as Procurement Management Measures and Supplier Management Measures, clarifying management
ēē????????ē???ê???ê???????×?×?ò??????????ē???ò???ē?????·????ē??????????ê????òē·?òē?????????ò?×?ê??????????×?×ò?????ē×?òê standards throughout the entire lifecycle of suppliers. Through regular follow up visits and technical training, it empowers the growth of strategic
??ê×ē?ò???êē???ēē?????ē?????×?ò?ò??????·ē??ò???ē??×????×??×·ē×?ò?ēē?????ē×???ē???????ēò??òê··??òē?×ò???·ē×?ò????? ????ê×??? ò? ?????ē?? ·????×òē?? ×??ê???òēē×?ò ?? ?ē?ē??×· ???·?????òē ò? ?????·ē ???·?????òē? ē ē?? ??? ē×??? ē?? ???ò? ??
·?ò??·ē??????òò?ê×ò???·ē×?ò??????ò????×·??????·ē?òē×?ò?×???????òē?????ò????a???ò=??%?·????????ò???×ò???êê·??????? established a graded incentive mechanism, providing positive incentives to high-quality suppliers through forms such as letters of appreciation and
ē ē?? ?????·ē ê???ê? ·ê?ò×ò? ?????òò?ê ·?ò??·ē ??ê????ê×ē? ×ò???·ē×?ò? ???×ò? ???ē×ò? ·ê?ò×ò?? ??×ê? ??????×???? ·??? ??ē ×?????ê? ×ò???·ē×?ò? annual excellence awards, creating a fair and transparent competitive environment and promoting continuous improvement of suppliers in quality
???×ò?????·ê?ò×ò?ò????ē×ò?·ê?ò×ò??ò???????×?????×??òē×???×ò·ê×?òē???ē·??·??×ò??êē×???/ò??×ē×?ò???????×?????????òò?ê????ē?? ?ē?×ê×ē??????×·????·×?ò·??ò??????·?ò?????ê????òē·?êê???ē×?ò?
??????ē???????ê????òē·?òē?????????ò?×?ê????·?êê?·ē×ò?????ò×?×ò??ò?òê??×ò??????·ē????ē×?ò??ê×ē?·?ò?×ē×?ò??ò??????ē×ò?ò?
??òê×?×ò?????×??????????×ò?·ê????ê????ò????òē??·?ò×???
Strategy
Strategy Based on a global perspective, QiaoYin builds a green supply chain ecosystem alliance
featuring collaborative innovation and shared development by integrating high-quality
upstream and downstream resources. The Company not only strengthens the founda-
'?×??? ?? ?ēò???×?ē×?ò? ???ò???òē? ò? ?×?×ēê×?ē×?ò? \×??×ò ?? ??ē?ê×???? ??êê ???·??? ·?òē??ê ???ē?? ???? ??????ē??? ē? ?????·ē?? tion of the local supply chain through strict supplier development, evaluation, and
Through supervision groups and inspection groups, it implements annual full coverage inspections focusing on the “Seven Key Focus Areas”, strength- cultivation mechanisms, but also strives to bring mature urban service management
ening quality assessment across all sanitation processes. At the same time, the Company uses digital means to identify and control operational risks, experience and low carbon solutions to the international stage, setting a high-quality
continuously reducing the defect rate, improving compliance rates and client satisfaction, and consolidating its high-quality service brand image. and sustainable model for the global development of China’s urban service industry.
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Impact, Risk and Opportunity Management
Full Lifecycle Management Sustainable Supply Chain Development
The Company has established a full lifecycle management system covering supplier development, supervision, evaluation, cultivation, and daily Guided by the concept of sustainable development, QiaoYin has established a systematic procurement management system covering procurement
?ò????òē? ò? ?? ??×êē ·ê??×??? ò? ????? ?ò????òē ??·?ò×?? ê?ò? ?×ē? ·?êê???ē×?? ?ò????òē ?êē????? Y??·?????òē? ??ē???????ê×·ē×?ò???·???????ò?×??ê???òēē×?ò???·??????ê?×ò???ê×????ò?ē×?ò??????·×?òēò??ēò???×??????·?????òē?????h??
???????×ò?? ò? ?ē??? ???·????? ?? ×ò·?????ē?? ×òē? ?ēò???×??? ?ò????òē? ?×?ò×?·òēê? ×?????×ò? ē?? ē?ò????ò·? ò? ·?êê???ē×?? Company has formulated a sunshine procurement system, strictly regulating procurement supervision and work discipline, strengthening transparent
???·×?ò·???ē??????ê?·?×ò? control throughout the entire process, and ensuring fairness and impartiality in procurement activities. At the same time, the Company has deeply
×òē???ē??a'·?ò·??ē?×òē?ē??????ê×????ê?ē×?ò???ē???/òē???·???ò×ò??ē???×ēò?ē?òê????×?????ê×?·ē×?ò???·?????ē??·??ē×?·ē×?ò????ē
also controls the green and sustainable level of the supply chain from the source.
Supplier Development and Supplier Evaluation and Supplier Cultivation and
Investigation Assessment Incentives
Introduce high-quality industry Conduct annual assessments of Focus on establishing long term Indicators and Targets
suppliers through multiple suppliers according to standards and and stable cooperative relation-
channels such as exhibitions and form graded results (Grade A to Grade ships with suppliers. Promote the
online research and establish a D). Implement differentiated coopera- growth of strategic suppliers
dedicated investigation team to tion strategies for different grades, through regular follow up visits
conduct comprehensive evalua- giving priority and increased coopera- and technical training. At the Indicator Unit 2025 Performance
tions through in-depth interviews, tion to excellent suppliers and same time, implement positive
credibility checks, and on-site ????ê?ē?ê? ?ê×?×òē×ò? ?ò??ê×??? incentives through letters of
Total number of suppliers Unit 249.00
visits. Finally form the Supplier suppliers, continuously optimizing the appreciation, annual excellence
Investigation and Evaluation overall quality of the supplier pool. At awards, and supplier conferences,
Report to ensure that introduced the same time, establish a supplier promoting continuous improve- Proportion of procurement personnel trained in
% 100.00
suppliers are highly aligned with blacklist to standardize transparent ment of suppliers in quality, sustainable procurement within the Company
the Company in terms of quality, supplier management. service, and research and
service, and supply capability. development collaboration.
QiaoYin City Management Co., Ltd. ~??ó?ù??ē~?? Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China V???ò??????ó??澴A????????? ?????????? Innovation Driven, Urban Upgrading Appendix
Appendix a'Y??????ò·?h?ê?
Description of Report Preparation Topic Indicator Unit 2025 Data
Number of General Meeting of Shareholders held Times 4
Number of Board of Directors meetings held Times 13
Overview Corporate
Number of Strategy Committee meetings held Times 1
Governance
Number of Remuneration and Assessment Committee meetings held Times 3
h?×??????ē×?ē????ē?ò?×??ò??òēê?a?·×êò?'????òò·?ɑa'?]????ē??ê??????\×??×ò×ē?Eò????òē????ē??ɑ????×ò?ē??????????ē??
“QiaoYin”, “the Company”, “we”). This report discloses in detail the practices and performance of QiaoYin in 2025 in areas of responsibility including
Number of Nomination Committee meetings held Times 4
environment, society, and corporate governance, aiming to present to stakeholders our policies, measures, and achievements in environment, society,
and corporate governance.
Number of Audit Committee meetings held Times 4
Number of tax compliance training sessions conducted Times 5.00
Risk
Management
Reporting Scope and Boundary Tax training coverage rate % 90%
Data Security Number of data security related training sessions conducted Times 6.00
This report is an annual report, with the reporting period from January 1, 2025 to December 31, 2025. Certain content extends beyond the above scope
and Privacy
and is explained where involved.
Protection Total training duration Hours 12.00
Total diesel consumption Liters 32,264,072.01
Preparation Basis Total gasoline consumption Liters 3,235,713.71
Sustainability Reporting Standards by the Global Sustainability Standards Board (GRI Standards); Direct energy consumption Tons of standard coal 506.10
a?ê? ]???êē???'?×??ê×ò??????×?ē?????ò×??G????Y????ē×?ò??a??ē×ò?×ê×ē?]????ē???ē??a??ò???òaē?·??·?ò???
Energy Total electricity consumption Kilowatt hours 35,862,259.94
United Nations Sustainable Development Goals (SDGs);
Indirect energy consumption Tons of standard coal 11,113.71
Total annual energy consumption Tons of standard coal 11,619.81
Data Sources and Reliability Statement
Annual energy consumption intensity Tons of standard coal per million 84.52
Total biomass fuel consumption Liters 251.70
The data used in this report are sourced from internal statistical reports, administrative documents, and reports. All content and data disclosed in this
report have been reviewed and approved by the management of QiaoYin. Municipal water purchase volume Tons 145,708.40
Water
Resources
Total water consumption intensity = total water consumption per million revenue Tons per million 1,059.82
Greenhouse gas emissions (Scope 1) Metric tons of carbon dioxide equivalent 722.74
Report Access Greenhouse
Greenhouse gas emissions (Scope 1) biomass CO2 Metric tons of carbon dioxide equivalent 430.41
Gas Emissions
To practice the concept of low carbon environmental protection and sustainable development, this report is mainly published in electronic form on the
Greenhouse gas emissions (Scope 2) Metric tons of carbon dioxide equivalent 19,928.66
Shenzhen Stock Exchange website (http://www.szse.cn) and CNINFO website.
QiaoYin City Management Co., Ltd. Solid Foundation, Compliance for Long-Term Development Green Engine, Beautiful China Innovation Driven, Urban Upgrading Appendix
ESG Indicator Index
Topic Indicator Unit 2025 Data Dimension No. Topic Corresponding Clause Corresponding Section
Greenhouse
Total greenhouse gas emissions Metric tons of carbon dioxide equivalent 20,651.40 1 Climate Change Response Article 21 to Article 28 Climate Change Response
Gas Emissions
Total duration of internal training Hours 400.80 2 Pollutant Emissions Article 30 Environmental Compliance Management
Supply Chain Total number of suppliers Unit 249.00 3 Waste Treatment Article 31 Environmental Compliance Management
Management
Proportion of procurement personnel trained in sustainable procurement
within the Company
% 100.00 4 Ecosystem and Biodiversity Protection Article 32 Biodiversity Protection
Environment
Research and development investment amount RMB 10,000 1,513.60 5 Environmental Compliance Management Article 33 Environmental Compliance Management
Proportion of research and development investment to revenue % 42%
Research and 6 Energy Utilization Article 35 Resource Utilization and Circular Economy
Innovation
Software copyrights Item 85.00
Total number of valid patents Item 202.00
Performance appraisal coverage rate % 100.00
Employee Maternity subsidies issued to employees RMB 10,000 112.86
Compensation
and Bene?ts Commercial insurance coverage rate % 100.00
Investment amount in caring education assistance RMB 2,112,800.00
Rural 12 Technology Ethics Article 43 Not Applicable
Revitalization Investment amount in assistance for the needy RMB 189,000.00
and Social Society 13 Supply Chain Security Article 45 Supply Chain Management
Welfare
Investment amount in support for public welfare projects RMB 115,000.00
Equal Treatment of Small and Medium
Governance 19 Stakeholder Communication Article 53 Stakeholder Communication
Related to
Sustainable 20 Anti-Commercial Bribery and Anti-Corruption Article 55 Business Ethics
Development
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