SUSTAINABILITY REPORT
About This Report Reference
Terminology Company / Business Unit Terminology Company / Business Unit
Container PET bottle and preform business, Hubei Zidan Hubei Zidan Food Packaging & Printing
Report Overview Packaging including Shanghai and regional Food Co., Ltd.
Business Unit subsidiaries
Ziquan Label Shanghai Ziquan Label Co., Ltd.
This is the second Sustainability Report issued by Shanghai Zijiang Enterprise Group Co., Ltd. (“Zijiang Enterprise,” Zidan Food, Zidan Packaging
Paper Packaging
the “Company,” or “we”). It outlines the Company’s sustainability actions and progress during the reporting period. Technology, Zidan Printing, including Shenyang Shenyang Ziquan Beverage Industry Co.,
Business Unit
Shanghai and regional subsidiaries Ziquan Beverage Ltd.
Prior to this, we had published ESG reports for four consecutive years. This report presents our strategic progress,
management practices, and performance on sustainability matters in response to stakeholder concerns. Crown Caps & Ziquan Packaging, Ziquan Label, Guilin Ziquan
Guilin Ziquan Beverage Industry Co., Ltd.
Labels Business including Shanghai and regional Beverage
Unit subsidiaries
Zidan Packaging Shanghai Zidan Packaging Technology
Beverage OEM Ziquan Beverage, including Shanghai Technology Co., Ltd.
Business Unit and regional subsidiaries
Shanghai Zidan Food Packaging &
Scope of the Report Zidan Food
ZIRI Packaging, including Shanghai and Printing Co., Ltd.
ZIRI Packaging
regional subsidiaries
Shaanxi Ziquan Shaanxi Ziquan Beverage Industry Co.,
This report covers Shanghai Zijiang Enterprise Group Co., Ltd. and its subsidiaries, consistent with the scope of Zijiang Color Shanghai Zijiang Color Printing & Beverage Ltd.
entities consolidated in the financial statements. It describes the Company’s sustainability management practices Printing Packaging Co., Ltd.
Shenyang Zijiang
for the period from 1 January, 2025 to 31 December, 2025 (the “reporting period”). To enhance completeness, Shenyang Zijiang Packaging Co., Ltd.
Anhui Zijiang Anhui Zijiang Composite Material Packaging
certain statements and data may, where necessary, refer to previous years. Composite Technology Co., Ltd.
Guangdong ZIRI Guangdong ZIRI Packaging Co., Ltd
Shanghai Zijiang Metallization
ZJMP
Environmental Protection Material Co., Ltd. Meishan Zijiang Meishan Zijiang Packaging Co., Ltd.
Shanghai Ziyan Alloy Application Hubei Zidan
Basis of Preparation Ziyan Alloy Hubei Zidan Packaging Technology Co.,
Technology Co., Ltd. Packaging
Ltd.
Technology
This report has been prepared in accordance with the relevant requirements of the Self-Regulatory Guidelines Shanghai Zidong Nylon Material
Zidong Nylon
Technology Co., Ltd. Tangshan Zijiang Packaging Materials
No. 14 for Listed Companies of the Shanghai Stock Exchange — Sustainability Reports (Trial), with reference to Tangshan Zijiang
Co., Ltd.
the GRI Standards, the United Nations Sustainable Development Goals (UN SDGs), and the Task Force on Climate- Zijiang Int'l Shanghai Zijiang International Trading
Trade Co., Ltd. Shenyang ZIRI
related Financial Disclosures (TCFD). It also reflects the sustainability priorities of investors, customers, and the Shenyang ZIRI Packaging Co., Ltd.
Packaging
industry, so that the disclosures respond to the information needs of key stakeholders. Zihua
Shanghai Zihua Film Technology Co., Ltd.
Technology Sichuan ZIRI
Sichuan ZIRI Packaging Co., Ltd.
Packaging
Nanjing Zile Nanjing Zile Beverage Industry Co., Ltd.
Qionglai Zijiang Qionglai Zijiang Packaging Products Co.,
Shanghai Ziquan Beverage Industry Co., Packaging Ltd.
Data Reliability Declaration Ziquan Beverage
Ltd.
Xi’an Zijiang Xi’an Zijiang Enterprise Co., Ltd.
The information disclosed in this report is primarily derived from the Company’s internal management systems, Ziquan
Shanghai Ziquan Packaging Co., Ltd. Yichang Ziquan Yichang Ziquan Beverage Industry Co.,
Packaging
operating statistics, and consolidated data. Necessary internal review procedures were completed during the Beverage Ltd.
compilation process. The report was approved by the Board of Directors on 27 April, 2026 following confirmation Anhui Zijiang Metallization Environmental
Anhui ZJMP Luohe Zijiang Luohe Zijiang Packaging Co., Ltd.
Protection Material Co., Ltd.
by management.
Shandong Shandong New Optimization Materials
Zidan Printing Shanghai Zidan Printing Co., Ltd. NewOpt Technology Co., Ltd.
Report Access
This report is published as a standalone Sustainability Report in both Chinese and English. In the event of any
discrepancy, the Chinese version shall prevail. The electronic version is available on the Shanghai Stock Exchange
Feedback
disclosure website and the official website of Zijiang Enterprise. For any questions about this report or requests for further information, please contact:
Shanghai Zijiang Enterprise Group Co., Ltd.
Tel: +86-21-62377118
Email: zijiangqy@zijiangqy.com
Table of Contents
About Zijiang Enterprise Sustainability Strategy Zero Carbon Transition Innovative Packaging Solutions
Integrated Resource
Journey with Community Efficiency Advanced Manufacturing
Governance & Compliance
Nurturing Workforce Excellence
Message from the Executive
review and upgrade of our ESG management system. We also formally introduced
the Z-Value sustainability strategy framework, placing sustainability at the center of
As the global economy moves steadily toward a more sustainable future, a company’s
our future development agenda.
long-term competitiveness increasingly depends on its ability to remain resilient amid
Centered on long-term value creation, the Z-Value sustainability strategy systematically
uncertainty, act responsibly, and continue creating long-term value. For traditional manufacturers, integrates low-carbon transition and environmental responsibility, innovation-driven
products and smart manufacturing upgrades, resource efficiency improvement,
achieving sustained growth through economic cycles is no longer simply a matter of scale or
talent and organizational capability building, community impact creation, and sound,
efficiency. It is also a broader test of how resources are allocated, how the business is run, and transparent, and responsible corporate governance. Z-Value represents a structured
refinement of Zijiang Enterprise’s established development logic. It is designed to
how future development is defined.
embed sustainability into operations, management decisions, and business expansion
in a more comprehensive and consistent way.
Zijiang Enterprise remains committed to becoming a leading packaging manufacturer
and service provider in China, delivering high-quality and sustainable solutions to
customers. Industry leadership is not the end goal; it is the baseline expectation
for professional capability and corporate responsibility. More importantly, over the
Zijiang Enterprise is guided by a long-term perspective, with prudent
operations and value creation at the heart of its development philosophy. long course of business development, we seek to grow together with employees,
customers, and value chain partners, and to help advance the industry toward a
more efficient, low-carbon, and sustainable future.
Since its founding, we have remained focused on our core business, respected
industrial fundamentals, and continuously refined our development path in response
to a changing external environment. As a company rooted in the packaging industry,
we have always looked beyond short-term gains toward more durable value creation.
We believe corporate value lies in the ability to provide customers and society with
stable and reliable product solutions in a more efficient, less resource-intensive,
and more sustainable way. On this basis, we continue to embed sustainability into
product design, manufacturing systems, and management decisions, making it an
integral part of how we operate and translating it into stronger operational quality Guided by long-termism and grounded in our business
and service capability. characteristics and stage of development, we will continue
advancing the Z-Value sustainability strategy, strengthening
In 2025, we became even more convinced that sustainability must evolve from
our capability for sustainable operations, and creating
experience-led action to systematic planning, and from isolated practices to enterprise-
wide coordination. Based on a comprehensive assessment of our development stage,
lasting value in a prudent, transparent, and responsible
industry trends, and long-term risks and opportunities, we carried out a group-level manner — together shaping a more sustainable future.
About Zijiang Enterprise
Zijiang Enterprise Packaging Business
Business Segment Business and Capability Overview
Company Introduction PET Bottles and
Seven regional clusters and over 50 plants nationwide. Annual capacity exceeds 20 billion
units, serving beverages, water, dairy, edible oils, condiments, and personal care products,
Preforms
with PET solutions for Fortune Global 500 companies and leading domestic brands.
Shanghai Zijiang Enterprise Group Co., Ltd. (Stock Code: 600210) was founded in 1988 and listed on the Shanghai
Stock Exchange in 1999. Based in Shanghai with a nationwide network and expanding overseas presence, it is
a leading packaging manufacturer and service provider in China, delivering high-quality, sustainable solutions. Operates nine production bases nationwide with annual capacity of nearly 5 billion bottles.
Beverage OEM Products cover carbonated drinks, tea beverages, juices, protein drinks, and health foods,
with hot-fill, aseptic cold-fill, and carbonated-fill capabilities.
Company Overview
Manufactures crown caps, ring-pull caps, shrink labels, high-transparency PE shrink film,
Built around packaging, Zijiang Enterprise also operates in import and export trade, real estate, and venture Crown Caps and and hygiene packaging. Annual capacity exceeds 30 billion labels, 30 billion crown caps,
investment. It has interests in over 100 companies, nearly 7,000 employees, and a business network across China Labels and 800 million hygiene packaging bags, supported by long-term partnerships with major
and overseas. industry players.
Guided by prudent operations and long-termism, the Company continues to invest in capacity, technology, and
Equipped with advanced international production equipment, the business operates more
management to strengthen scale, quality, and service.
than 60 production lines across six domestic and overseas production bases. With annual
Tamper-Evident
capacity approaching 30 billion units, it can meet diverse market needs such as laser coding,
Plastic Caps
promotional labeling, and outer-cap printing, serving more than 600 customers, including
Core Values leading players in beverages, bottled water, and dairy.
Vision Values Motto Provides direct food-contact packaging, folding cartons, takeaway boxes, and pre-printed cartons,
Color Paper
supported by both offset and flexographic printing. Products serve food, pharmaceuticals,
Packaging
Devotion, Simplicity, daily necessities, and cosmetics, with long-term multinational partnerships.
To Become the Most Behave Honestly, Work
Respected Enterprise Sustainability, Persistence Sedulously
Plastic Develops and manufactures laminated flexible packaging for food, personal care, and
Composite pharmaceuticals. The business also participates in national and industry standards and
Packaging exports to markets across the Americas, Asia, and Europe.
Industrial Layout
Metallized Provides end-to-end services from packaging design to vacuum metallization. Products
Paper and include metallized board and waterproof label paper for premium and anti-counterfeiting
Packaging Business Beverage Packaging Paperboard packaging in tobacco, cosmetics, and food.
Real Estate Business Paper & Plastic Packaging Integrates R&D, manufacturing, and sales in polyethylene film and serves leading hygiene
Zijiang PE and PA Films
product brands. Biaxially oriented nylon film capacity reaches 20,000 tons per year.
Enterprise
Venture Investment Business
Focused on the R&D, production, and sale of water-soluble films, with capacity above 1,500
Water-Soluble
tons. Applications include laundry pods, agrochemical pods, dishwasher tablets, marble
Films
Trade release films, and water-transfer printing films.
Awards and Recognitions
Zijiang Enterprise Awards
Shareholder Return Award 2025 Best Sustainability Practice
for Investor Relations Case of Listed Companies
Securities Times China Association for Public Companies
Practice Case of Listed Companies for Corporate Governance
China Association for Public Companies Directors & Boards Magazine
Shanghai Manufacturing
Single Champion Carbon Path Practitioner Award
Shanghai Municipal Commission of Stockstar
Economy and Informatization
No. 3 in the 2025 China Top 100
Outstanding Listed Company Award
Printing & Packaging Enterprises
Stockstar
Printing Manager
ESG Ratings
A BBB
Wind ESG Rating Huazheng ESG Rating
Sustainability Strategy
Built on long-term operating practice, Zijiang Enterprise has elevated sustainability
into a systematic strategic framework. Guided by long-termism, the Company regards
sustainability as a core enabler of prudent operations and long-term value creation,
and uses a clear framework to align priorities and actions.
Sustainability Strategy
Zero Carbon Transition
Zijiang Enterprise’s long-term development depends on systematic progress in resource
efficiency, production models, organizational capability, and governance. Building on existing
sustainability practices, the Company has further clarified its overall framework and core
sustainability priorities to strengthen resilience and long-term value creation amid a changing
external environment.
Innovative Packaging
Solutions
Journey with Community
Integrated Resource
Efficiency
Advanced
Manufacturing
Nurturing Workforce
Z-Value Sustainability Strategy
The Z-Value Sustainability Strategy is a framework shaped by Zijiang Enterprise’s long-term operating practice and
corporate culture. It is designed to manage environmental, social, and governance priorities through a systematic
approach and embed them into core business processes. Governance &
Compliance Excellence
Zero Carbon Transition
Double Materiality
Zijiang Enterprise focuses on low-carbon transition, treating climate and resource constraints
To identify sustainability topics that matter most to long-term development and stakeholders, Zijiang Enterprise
as key conditions for long-term operations. It continues to optimize its energy mix, production
introduced the double materiality principle in preparing its 2025 Sustainability Report. The Company systematically
methods, and operating model to better align environmental performance with business objectives.
assessed sustainability topics from two perspectives: the Company’s impact on the external environment and
society, and the impact of these topics on business performance, risk management, and long-term value creation.
Innovative Packaging Solutions A standardized process supports both sustainability decision-making and disclosure.
Driven by innovation, the Company continues to upgrade packaging materials, product design, Assessment Process
and solutions. While meeting diverse customer needs, it enhances environmental performance
and functional value, supporting higher-quality growth in its packaging business. From a value chain perspective, the Company identified stakeholders
Step 1 closely linked to sustainability and gathered their key concerns through
ongoing communication. During the reporting period, Zijiang Enterprise
Stakeholder Identification
Journey with Community identified seven major stakeholder groups: customers, shareholders
and Engagement and investors, government agencies, industry organizations, partners,
Zijiang Enterprise values shared development with employees, partners, and communities. employees, and communities. Their feedback was used as an important
Through responsible operations and long-term collaboration, it promotes shared value creation input for topic assessment.
across the value chain and builds relationships based on trust and mutual benefit.
The Company reviewed its development strategy, business priorities,
Step 2 and industry environment to identify the key areas that may affect value
Integrated Resource Efficiency
creation in the current and longer term, providing strategic and operational
Strategic and Business
context for topic identification and materiality assessment.
The Company improves the efficiency of water, raw materials, and other key resources through Context Analysis
systematic management, advancing both resource allocation optimization and circular use. This helps
reduce operating costs and environmental impact while enhancing overall operational efficiency.
The Company referenced the GRI Standards, the Shanghai Stock Exchange
Guidelines No. 4 on Sustainability Report Preparation, and international
Step 3 frameworks including IFRS S1 and IFRS S2, while considering industry
Advanced Manufacturing ESG priorities and its own management practices. Based on this process,
Topic Identification it regularly reviewed and updated its ESG topic list. During the reporting
With advanced manufacturing and lean management at its core, Zijiang Enterprise continues to
and Regular Updates period, 22 ESG topics were identified across environmental, social, and
expand automation, digitalization, and smart manufacturing. This improves productivity, quality
governance dimensions.
consistency, and safety, providing a stronger manufacturing foundation for sustainable operations.
Nurturing Workforce Each topic was assessed from both impact materiality and financial
Step 4 materiality. Impact materiality focuses on the Company’s actual or potential
The Company follows a people-centered approach, with strong emphasis on employee development effects on the environment and society across operations and the value
and organizational capability. It fosters a safe, inclusive, and sustainable workplace, enhances Double Materiality chain. Financial materiality focuses on the impact of ESG topics on business
employee skills and organizational vitality, and builds long-term talent strength. Assessment performance, risk management, and long-term value creation.
Governance & Compliance Excellence After assessment, the Company conducted an integrated analysis and
Step 5 prioritization of all topics and mapped the results into a materiality matrix
Zijiang Enterprise continues to strengthen its governance structure and compliance system,
to identify the issues most critical to its sustainable development and
reinforce transparency and accountability, and improve risk management and internal control, Prioritization and Matrix
determine the report’s disclosure priorities.
laying a solid governance foundation for prudent operations and sustainable development. Mapping
Stakeholder Engagement
Zijiang Enterprise places strong importance on ongoing stakeholder engagement and views effective response
to stakeholder concerns as a key foundation for sustainable development and long-term value creation. During En ga ge m e n t
S t a k e h ol de r Key C on c e rn s C ore C o m m it m en t
the reporting period, the Company identified and continuously engaged seven key stakeholder groups — Channels
customers, shareholders and investors, government agencies, industry organizations, partners, employees, and
communities — and adopted diversified communication channels based on their priority concerns to improve
Contribute practical
relevance and effectiveness.
? Participation experience to industry
? Industry in Industry exchange and standard
Development Standard- development, support
Setting
? Technological technological progress and
Innovation ? Industry collaboration, and promote
Industry Conferences the healthy evolution of
Engage me nt
S t a k e h o l der Key Conc erns Co re Co mmi tme nt Organizations the industry system.
Channe ls
Build a transparent and
? Environmental ? Customer Integrate quality and
? Tendering and
responsible supply chain
Management Visits low-carbon practices collaboration mechanism,
Procurement
? Climate Action across product design, ? Supply Chain integrate sustainability
? Calls manufacturing, and Management ? Business requirements into
? Customer ? Product service, and work with ? Business Ethics Communication cooperation processes,
Service Carbon and
customers to support and improve resilience
Collaboration
Customers ? Information Footprint business growth and green Partners and long-term reliability
Security Verification transition. together with partners.
? Shareholder ? Occupational
? Corporate Meetings Health and
Strengthen long-term Safety
Governance
? Announcements value creation through Foster a safe, equitable,
? Risk sound governance
? Employee ? Employee
Management
? Emails Rights Representative and inclusive workplace,
forward-looking Congress combine employee growth
? Digital ? Investor management, and ? Talent with organizational
Enablement
Meetings continuous improvement Development ? Engagement capability building,
Shareholders and ? Online Investor Surveys
? Lean in operations and strategy ? Diversity, and strengthen team
Investors
Operations
Platforms execution. Equity and ? Internal cohesion and long-term
Employees Inclusion Publications
? Investor Calls development momentum.
? Fair
Compensation
? Environmental and Benefits
Management
Align closely with policy
? Water ? Policy direction and regulatory
Resource Communication Support community
expectations, integrate
Management ? Regular environmental and ? Donations development and public
? Waste Reporting compliance management ? Community welfare while responding
? Volunteer to environmental and
Management ? Daily into daily operations, and Engagement Activities
promote coordinated social needs, promoting
? Occupational Communication
? Public Welfare
Government progress in economic ? Employment positive interaction
Agencies
Health and ? Environmental and Charity for People with between corporate
Safety Disclosure development and social
responsibility. Community Disabilities growth and community
? Employee development.
Rights
Materiality Matrix During the reporting period, we updated the following topics to better align with the Company’s strategy and
goals, while enhancing communication and responsiveness with stakeholders:
Through a systematic materiality assessment, Zijiang Enterprise identified the sustainability topics most relevant
to its business and stakeholders, taking into account both industry characteristics and corporate strategy. The 2024 Topic 2025 Update
assessment considered not only the impact of topics on the environment and society, but also their potential
Water Resource Consolidated into Resource Efficiency under a unified framework for
effects on long-term operations, risk management, and financial performance, ensuring that disclosures reflect Management resource efficiency and integrated resource use
the Company’s core sustainability priorities.
Consolidated into Environmental Management as part of the broader
Based on the double materiality principle, Zijiang Enterprise assessed 22 ESG topics by analyzing impact scope, Waste Management
environmental management system
level of risks and opportunities, and relevance to operations and value creation, and developed a materiality matrix.
Consolidated into Lean Operations to reflect the role of digitalization in
Six highly material topics were ultimately identified as key disclosure priorities for the 2025 Sustainability Report. Digital Enablement
improving operational efficiency
Upgraded to Sustainable Products to highlight circularity at the product
Circular Economy
level
Technological Revised to R&D and Innovation to emphasize the role of R&D in long-
Zijiang Enterprise Financial Materiality
also its potential effect on business performance and long-term financial outcomes. These topics may affect value
Material Topics and Financial Impact Analysis
Material Topic Significance to Zijiang Enterprise Financial Impact Analysis
Advance lightweight packaging design, Improves resource efficiency, reduces raw
Sustainable improve recyclability, and gradually material use and waste treatment costs,
Products introduce circular and lower-impact strengthens product differentiation, and
materials to upgrade the product portfolio. supports long-term profitability.
Build efficient customer collaboration Improves customer satisfaction and
Stakeholder Impact Materiality Customer mechanisms, improve customer stickiness, supports market share and revenue
Collaboration management and service processes, and stability, and optimizes cash flow and business
Innovative Packaging enhance partnership value. continuity through long-term cooperation.
Zero Carbon Transition Journey with Community Integrated Resource Efficiency
Solutions
Continuously optimize management Reduces production and operating costs
Management
Lean Operations strengthen data-driven performance management, while improving asset
Continue strengthening governance Helps reduce compliance and operating risks,
Corporate structure, institutional systems, and strengthen investor confidence, improve
Governance disclosure mechanisms to enhance financing capability, and optimize capital
transparency and oversight. costs.
Advanced Manufacturing Nurturing Workforce Governance & Compliance Excellence
Establish climate governance mechanisms, Lowers emissions-related costs and potential
Climate Action
opportunities, and promote low-carbon and energy mix optimization, while enhancing
operations and energy-saving measures. brand value and competitiveness.
Maintain a comprehensive occupational Reduces workplace accidents and
Occupational
Health and
covering risk identification, health disruption and related costs, and improves
Zero Carbon Transition From operations to the value chain, Zijiang Enterprise integrates low-carbon transition into every link through energy-
saving innovation, process optimization, and green supply chain development. While improving energy efficiency
and expanding renewable energy use, the Company works with upstream and downstream partners to support the
industry’s low-carbon transition.
Key Metrics
Companies with PAS 2060 carbon neutrality certification: 6
Companies with LEED Silver certification: 1
ESG Strategic Targets
Reduce product carbon intensity by 10% by 2030
Increase the share of clean energy use to 30% by 2030
Achieve distributed solar PV coverage across 80% of operating sites by 2030
Climate Action
Climate Governance Physical Risk
Zijiang Enterprise integrates climate action into business management under the overall leadership of the General
Manager, ensuring close alignment with business development. Through clear division of responsibilities, the
Company advances carbon inventory, data management, and low-carbon transition initiatives to support climate Impact of extreme weather on production continuity
risk identification and emissions reduction. Heatwaves, storms, and typhoons may affect plant operations, employee safety, and
Business units and subsidiaries implement measures suited to their own operations, including emissions production conditions, disrupting continuous production and delivery.
identification, data collection, and energy-saving and carbon-reduction actions. Cross-functional coordination
Regional differences in climate-related risks
helps embed climate management across business units.
Different production sites may face different climate risks, requiring more flexible local response
Climate Risk Identification measures.
Impact of logistics and external environments
Considering the characteristics of packaging manufacturing, its multi-regional production footprint, and value
chain position, Zijiang Enterprise has identified climate-related risks that may affect operations and long-term Climate events may affect transport routes and logistics efficiency, influencing raw-material
development, with a focus on transition risks and physical risks. supply and delivery performance.
Higher requirements for adaptation to long-term climate change
Transition Risk Changes in temperature and extreme-weather patterns may require ongoing improvements in
plant design, equipment selection, and operations.
Customer decarbonization requirements and changing collaboration models
As downstream customers tighten low-carbon requirements, the Company may face higher
expectations in procurement, collaboration, and product design, increasing pressure on material
substitution, green design, and process optimization. Climate Risk Management
Pressure on manufacturing segments during low-carbon transition The Company has established a climate risk management framework that integrates climate-related requirements
Ongoing investment in equipment, technology, and process upgrades may create challenges into production and energy management, continuously improving its climate response capability. It also extends
for cost control and operational efficiency. low-carbon requirements across the value chain to strengthen overall low-carbon development and operational
resilience.
Impact of energy transition and higher clean-energy use
A higher share of clean energy may affect production stability to some extent and raise Assessment
requirements for responding to energy-price volatility. The Company assesses the potential impact of climate risks on operations and business development
in light of industry trends and its own operating conditions, with a focus on the likelihood and severity
Supply-chain carbon disclosure requirements of such risks.
Stronger customer requirements on carbon information disclosure may increase pressure on
value-chain suppliers in data transparency and system development, affecting supply-chain Response and Management
coordination and stability. For the key risks identified, Zijiang Enterprise clarifies management priorities and integrates corresponding
measures into daily production, energy management, and supply chain management, with relevant teams
Impact on products and cost structure under carbon constraints responsible for implementation.
Some Zijiang Enterprise entities are subject to annual GHG accounting, reporting, verification,
Continuous Improvement
and carbon allowance compliance. Tighter allocation rules, carbon price volatility, and stricter
emissions controls may increase compliance costs. The Company continues to track and review the implementation of climate risk response measures and,
in light of changes in operating conditions, adjusts and improves them in a timely manner to strengthen
overall response capability and operational resilience.
Climate Strategy
During the reporting period, Zijiang Enterprise completed carbon inventories for its manufacturing plants in The Paper Packaging Business Unit has established clear GHG reduction
Paper Packaging Business Unit:
accordance with the GHG Protocol, covering Scope 1 and Scope 2 emissions and providing the data foundation Long-Term and Interim Science- targets tailored to its operations and production characteristics,
for subsequent emissions management. Based Targets supported by action plans for implementation.
——— Greenhouse Gas Emissions ———
Net-zero target Near-term target
Unit: tCO2e
By 2050 By 2035
Emissions Scope 2025 2024 2023 reduce absolute Scope 1 + 2 emissions by 90% reduce absolute Scope 1 + 2 emissions by 63%
Scope 3 emissions by 90% Scope 3 emissions by 37.5%
Scope 1
(Direct Emissions)
Carbon footprint accounting
system
Scope 2 350,026.25 325,620.37 294,790.95
Scope 1 + Scope 2 397,487.52 376,569.52 326,673.26 ? Corrugator logistics motor upgrade
Energy-saving retrofit ? Workshop recirculated air system upgrade
projects ? HVAC duct energy-saving retrofit
The Company provides carbon inventory training through both online and offline formats to continuously ? Paper cup machine suction system optimization
strengthen the expertise and practical capabilities of relevant personnel.
? Accumulated solar PV capacity 9.982 MWp
Key Metrics
? Total power generation 13,592.82 MWh
Training Sessions Total Participants ? Green certificates retired 9,890 MWh
Renewable energy
? Renewable electricity as a share of total power use 66.81%
? Carbon reduction benefit 12,194 tCO2e
Zijiang Enterprise is steadily advancing the exploration and implementation of carbon reduction targets. Based
on the development stage and decarbonization baseline of different business segments, the Paper Packaging
Business Unit and Zijiang Color Printing have both obtained SBTi target validation, with targets aligned to global ? GHG report preparation
temperature pathways. This reflects the Company’s systematic approach to emissions reduction and climate Carbon system certifications ? Carbon neutrality certification
resilience.
? Carbon footprint certification for three product series
Energy Management
Zijiang Color Printing: Zijiang Color Printing has set science-based GHG reduction targets
L o w - C a r b o n Tr a n s i t i o n
and Emissions Reduction and is advancing low-carbon transition through a series of specific
Targets measures. Zijiang Enterprise continues to implement energy management across business units through energy-saving
technical retrofits, process optimization, and expanded renewable energy adoption tailored to regional and
operational conditions, reducing reliance on conventional energy. Built on institutional management systems,
the Company continues to improve and certify its energy management framework.
Near-term target
Key Metrics
Companies with ISO 50001 energy management certification:
by 2030
reduce absolute Scope 1 + 2 emissions by 42% 14
Scope 3 emissions by 25% Clean energy generation in 2025:
Share of non-fossil energy in 2025:
? Carbon management system certificate
? Demonstration entity for carbon management system implementation
Carbon management
recognition
? GHG verification certification
? Product carbon footprint report
Energy-Saving Measures
Energy-saving measures are the foundation of the Company’s energy management and emissions reduction
efforts. Through equipment upgrades, process improvement, and operational optimization, Zijiang Enterprise
embeds energy-saving requirements into daily operations and progressively reduces both energy intensity and
? Multiple carbon reduction taskforces
total energy consumption.
Professional capability ? Carbon management training certificates for the plastics industry
? Carbon management qualification certificates
Equipment Upgrades Process Improvement
? Clean and low-carbon energy substitution
? Waste heat recovery and cascading energy use
Energy-saving and carbon- Auxiliary System Electric Forklift
? Energy efficiency improvement and equipment retrofits Lighting Improvements
Optimization Replacement and Adoption
reduction measures
? Raw material reduction and circular resource management
? Integration of energy-saving and carbon reduction into daily operations
Equipment Upgrades Process Improvement
Case Container Packaging Business Unit: Refrigeration efficiency upgrades Case Paper Packaging Business Unit: Multi-point upgrades
Centralized retrofits of aging refrigeration systems delivered energy savings of up to 45% in some At Zidan Food, workshop air recirculation upgrades cut AC operating
plants and over 3,920 MWh in total. Shenyang Zijiang saved 900 MWh, while Meishan Zijiang reduced time by about 4.5 hours per day, saving 339 MWh annually.
energy use by over 15% through air-compressor pipeline upgrades. At Zidan Packaging Technology, corrugator logistics optimization
saved about 1.8 MWh per year.
Case Case
Beverage OEM Business Unit: High- Crown Caps & Labels Business Unit: Heating
Efficiency Magnetic Bearing Chiller + AI and equipment efficiency
Optimization
At Guilin Ziquan Beverage, a high-efficiency Ziquan Label optimized printing-machine Case Zijiang Color Printing: Solvent-free lamination
magnetic bearing chiller, combined with heating and introduced waste heat recovery,
piping optimization, automatic supply- cutting electricity intensity by about 50%
and saving about 440 MWh annually. Solvent-free lamination reduced solvent use and VOC emissions while improving efficiency. In 2025,
demand matching, and AI-based supply
the process saved about 3,000 tons of steam, about 280 MWh of electricity, and cut about 3,200
optimization, helped keep plant cooling Ziquan Packaging and Ziquan Label also
tons of CO2.
COP above 5. This delivered about 45% replaced old motors and pumps, saving
about 20 MWh per year.
energy savings
and cut annual
electricity use by
over 1,580 MWh. Auxiliary System Optimization Lighting System Improvements
Case Paper Packaging Business Unit: Case
Case ZJMP: Refrigeration and PCW upgrades Auxiliary system upgrades
At Hubei Zidan Food, HVAC duct optimization saved Crown Caps & Labels Business Unit:
Daylighting improvements
At the Anhui plant, refrigeration and PCW system upgrades 340 MWh annually.
reduced pump-room energy use by 45.6% in phase I and 24.5% Shanghai Ziquan Packaging introduced
At Hubei Zidan Packaging Technology, paper-cup
in phase II, with 17 MWh saved in October versus the first-half daylighting systems in selected
machine suction optimization saved 267 MWh per year.
monthly average. production areas, reducing reliance
on artificial lighting during the day and
improving the working environment.
Estimated annual electricity savings
are about 20 MWh.
Case Case Case Container Packaging Business Unit: Energy Storage Supports Green Power Use
ZIRI Packaging: LED lighting upgrades ZJMP: Lighting retrofit at the Anhui plant To improve energy efficiency, optimize the power structure, and
strengthen green power capability, the Container Packaging
Guangdong ZIRI replaced traditional lighting Lighting retrofit reduced lighting energy use Business Unit built an energy storage station at its South China
with LED fixtures across the plant, reducing by 17.4% year on year and 9.5% quarter on plant. The project was connected to the grid in June 2025, with
annual electricity use by about 1.2 MWh and quarter, saving about 2.75 MWh of electricity. an installed scale of 1.15 MW / 2.33 MWh, making it Zijiang
corresponding CO2 emissions by about 0.64 Enterprise’s first self-built energy storage station.
tons.
Based on the plant’s existing energy management foundation,
the system coordinates storage with electricity load to create
a dynamic peak-shaving and valley-filling model. Electricity
Electric Forklift Replacement
is stored during off-peak periods and released during peak
periods, reducing peak power demand and electricity costs while
Case Container Packaging, Caps & Labels, and ZIRI Packaging: Replacing fuel forklifts improving grid stability.
with electric models
Over the past two years, the Container Packaging Business Unit phased out 7 fuel forklifts and purchased Digital Energy Management
energy dashboards. Through real-time monitoring and analysis of energy consumption data, the Company
Crown Caps & Labels Business Unit has continued replacing older internal-combustion forklifts, adding
optimizes resource allocation and improves energy efficiency.
ZIRI Packaging also introduced electric forklifts, achieving 75% lower carbon emissions while improving
operating efficiency.
Optimizing Energy Use
Group Platform: Container Packaging Energy Overview Group Platform: Beverage OEM Energy Overview
Building on continuous energy-saving upgrades, Zijiang Enterprise has structurally optimized its energy mix by
introducing renewable energy and reducing dependence on fossil fuels. Through distributed solar and green
power procurement, the Company is gradually advancing the green transition of energy use.
Solar Power
Renewable energy deployment is assessed based on feasibility, stability, and alignment with production needs.
Zijiang Enterprise ensures effective use of renewable energy under different regional and business conditions Group Platform: Caps & Labels Energy Overview Paper Packaging Business Unit Energy Management Platform
while maintaining reliable supply and improving production efficiency.
Year 2021 2022 2023 2024 2025
Solar Panel Area (m2) 117,300 210,519 291,567 467,333 620,865
Solar Coverage Rate (%) 18.36 31.72 40.51 56.64 72.02
ZIRI Packaging Energy Management Platform ZJMP Energy Management Platform
Low-Carbon Value Chain
Zijiang Enterprise extends low-carbon transition from its own operations to every stage of the value chain. By
Case Case
working with value chain partners, it is promoting the systematic implementation of low-carbon principles across
the value chain.
ZJMP and Zidong Nylon: ZIRI Packaging: Reverse logistics and circular
Pallet recovery recovery
Green Logistics
ZJMP recovered 6,515 raw paper pallets At Shenyang ZIRI, carton packaging was replaced with
and 1,171 semi-finished product pallets, reusable iron cages, reducing carton use by about
In advancing its low-carbon value chain, Zijiang Enterprise works closely with suppliers and customers to gradually
totaling 7,686 pallets 14,000 units; the cages can be reused for five years.
promote the circular use of packaging materials and lower-carbon logistics.
Plastic pallets also replaced wooden pallets.
Zidong Nylon reused 3,745 recovered
pallets, further promoting circular use Sichuan ZIRI established a reverse logistics system
of packaging materials and resource for the recovery and reuse of iron cages, pallets, and
savings. cartons.
Case Crown Caps & Labels Business Unit: Reducing outer packaging through
structural optimization
Outer packaging upgrades improved carton The business unit also implemented multiple
loading efficiency. In 2025, carton use per case circular logistics models, including self-purchased Case Zidong Nylon: Green logistics and transportation
fell by 14 kg; 2,434 large cartons were used, pallets + regular recovery and customer-provided
reducing paper consumption by 7.25 tons and pallets + regular recovery, reducing one-time pallet
carbon emissions by 7.32 tCO2e. use and improving pallet turnover efficiency. In The Company introduced electric transport vehicles to reduce carbon emissions during transportation. By
empty-load rates, improved transport efficiency, and further reduced energy use and environmental impact.
Case Zijiang Color Printing: Circular packaging and reuse
Zijiang Color Printing promotes green procurement and works with suppliers and customers to recover
and reuse pallets, wooden boxes, and plywood packaging materials. In 2025, the Company internally
recovered and reused 83,900 auxiliary items and, together with customers and suppliers, recovered and
reused 23,400 additional items.
Innovative Packaging
Solutions
Zijiang Enterprise advances packaging transformation through circular innovation, promoting a shift
from a linear model to a more sustainable circular model. The Company continues R&D and application in
recyclability, reusability, lightweighting, and material reduction, embedding green principles into product
design, production, and use to improve both environmental and operational performance.
ESG Strategic Targets
Achieve recyclable design capability for 90%
of newly developed products by 2030
Establish a green materials and circular
packaging innovation platform to co-develop low-
carbon packaging solutions with key customers
Sustainable Products Case Zero-Waste Circular Action
In partnership with Leju Technology, Zijiang Enterprise launched an employee recycling platform
Zijiang Enterprise uses Reduction, Reuse, Recycle, and New Materials as the core framework for sustainable
with collection equipment in offices and plants. Collected bottles, plastics, paper, and metals enter a
packaging innovation. By combining green principles with technological innovation, the Company continues to
standardized recycling system and are sent to recycling plants for conversion into green materials.
improve the sustainability of its packaging products.
The Company has deployed 8 empty-bottle recycling machines and smart recycling bins. In 2025, it
recovered about 33,220 empty bottles and cans, weighing 956.21 kg, along with 906.2 kg of paper
and metals, delivering total carbon reduction of about 2,500 kg.
Reduce material use and carbon Develop reusable packaging systems
emissions through lightweighting to extend service life and reduce
and structural optimization. waste.
Reduction Reuse
Container Packaging Business Unit Crown Caps & Labels Business Unit Paper Packaging Business Unit
Factory Recycling Equipment Factory Recycling Equipment Factory Recycling Equipment
Recycle New Materials
Accelerate the development
Improve recyclability so materials
and application of bio-based,
can be effectively recovered and
degradable, and high-circulation-
reused at end of life.
performance materials.
Zijiang Color Printing Factory ZJMP Factory Recycling Equipment Zidong Nylon Factory Recycling
Recycling Equipment Equipment
Reduction
Zijiang Enterprise systematically optimizes packaging structures and material configurations through coordinated
Case Zihua Technology: Ultra-light breathable film
improvements in process design and manufacturing, reducing material use while maintaining performance and
safety.
Zihua Technology developed
Case ultra-light breathable blown
Container Packaging Business Unit: Lightweight bottle neck and preform design
film, reducing the basis
weight of diaper and sanitary-
For carbonated beverage customers, the bottle neck was light-weighted by 1.02 g per unit, cutting
PET use by about 5,100 tons based on output of 5 billion preforms. pants backsheet film from 14
gsm and 15 gsm to 8 gsm and
For a functional water preform, weight was reduced from 7.23 g to 5.58 g; every 2 billion units save
about 3,300 tons of PET.
reductions of about 43% and
A customer’s 1L energy-drink bottle was redesigned from a 37 g copied preform to a 35 g new
preform, with interchangeable mold-core components enabling adaptation to multiple bottle types
and further lightweighting.
Case Case
Reuse
Crown Caps & Labels Business Unit: ZIRI Packaging: Lightweight products
Raw material reduction and lower material use through
standard-operation improvement Zijiang Enterprise improves the way packaging and auxiliary materials are used in production and logistics by
Film thickness was reduced from 0.045 mm promoting repeated use and circular turnover. Without changing material properties or performance, the Company
At Sichuan ZIRI, cap weight was reduced extends service life, reduces single-use consumption and waste, and improves overall operating efficiency.
to 0.04 mm, lowering film consumption by
from 1.91 g to 1.88 g through mold
cut annual cap use by about 29.95 million Case Beverage OEM Business Unit: Reuse of packaging and logistics materials
Tinplate thickness for crown caps was
units, corresponding to about 65 tons less
reduced from 0.23 mm to 0.20 mm; output
material consumption.
of 1 billion caps saves 260 tons of tinplate Nanjing Zile promotes the repeated use of label cores, cap cartons, wooden pallets, and carton cover
boards. The plant has reused about 25,000 label cores, 51,000 cap cartons, and 1,200 wooden pallets,
and cuts carbon emissions by about 819
with a combined weight of about 82.59 tons. It also promoted the reuse of wooden cover boards by
tons. Case external suppliers, with cumulative weight of about 168.59 tons.
ZJMP: Transfer base-film reduction project
ZJMP launched a project to replace 14.3
μm PET transfer base film with 12 μm PET.
Through optimized coating and embossing
and staged validation from pilot to mass
production, the project replaced 300,000
meters of base film and reduced CO2
emissions by about 3 tons.
Recycle
Case ZIRI Packaging: Reuse of plastic turnover boxes
Zijiang Enterprise continues to improve material-use efficiency through closed-loop production management.
Guangdong ZIRI uses plastic turnover boxes to deliver materials to production lines, reducing By recovering and reusing plastic scraps and other offcuts, the Company reduces reliance on virgin resources
discarded cartons and liner bags. Semi-finished products are transferred on reusable plastic pallets, and better controls waste generation. In recycled PET applications, recovered plastics are converted into recycled
reducing wood-board loss and contamination risk from wooden boards. materials that meet quality and stability requirements and are then reintroduced into production, making the
“recovery-regeneration-reapplication” path more controllable and scalable.
Case Crown Caps & Labels Business Unit: rPETG labels and cPETG recyclable labels
The Company applies rPETG shrink labels containing recycled PET. While maintaining performance similar
to conventional PETG labels, the material includes more than 30% post-consumer recycled PET, reducing
virgin plastic use. Annual use of recycled PET raw material exceeds 200 tons.
The Company also promotes cPETG recyclable shrink labels, which can be recycled together with PET
bottles, improving overall packaging recyclability. Annual use exceeds 16 tons.
Case ZJMP: Reuse of production auxiliaries Case ZJMP: Reusable film recycling project
ZJMP reuses 3-inch paper cores internally instead of buying new ones. Recovered cores are processed ZJMP established a reuse process for PET release base film generated during production, reapplying stripped
through trimming, dust removal, and sorting to ensure reuse quality and efficiency. During the PET base film in regular production. Through closed-loop management, cumulative regenerated film volume
reporting period, more than 4,700 paper cores were recovered and reused. reached 5.7 million m2 .
Case Zihua Technology: 100% recycling and reuse of cast breathable-film edge trim
Zihua Technology optimized slitting and unwinding processes so edge trim can be collected
online and reused in production, achieving 100% reuse of trim material and reducing trim loss by
about 4%.
Case Zihua Technology: Closed-loop solvent recovery and reuse
Zihua Technology applies waste-solvent distillation and regeneration to build a closed-loop
“generation-recovery-reuse” system. In 2025, the waste-solvent recovery rate reached 90%, improving
resource reuse while reducing hazardous-waste disposal costs and solvent procurement needs.
New Materials
Case Case
Zijiang Enterprise introduces lower-impact new materials in practical application scenarios. Focusing on areas such
as soybean-oil ink and bio-based materials, the Company continues R&D-led exploration to expand sustainable
Zijiang Color Printing: Expanded ZJMP: Plastic-free high-barrier food
packaging options while balancing performance, compatibility, and sustainability. application of all-polyolefin structures packaging materials
The Company expanded the application ZJMP developed and applied plastic-free
of all-polyolefin structures, and two high-barrier food packaging materials
Case Paper Packaging Business Unit: Coated paper bags replacing non-woven bags products obtained design evaluation for based mainly on paper and directly
easy recycling and regeneration of plastic recyclable through existing papermaking
products. processes. The product’s overall carbon
Zidan Food independently developed coated paper bags using environmentally friendly coatings and footprint fell by about 55% and it is
kraft paper. The bags offer strength close to non-woven bags, are repulpable and degradable, and can Dishwasher-tablet pouches and laundry-
expected to reduce annual use of plastic by
effectively reduce environmental burden. pod pouches supplied to multinational
about 120 tons and aluminum foil by about
consumer-goods customers in Europe
use mono-material laminates, improving
recycling value and secondary-use
potential while meeting packaging
performance requirements.
Case Shandong NewOpt: Alkali-resistant water-soluble film
To meet customer demand for improved alkaline performance in dishwasher and laundry pods, the
Company developed alkali-resistant film with good water solubility and aging resistance in alkaline
environments. The product has already been exported in volume to overseas markets.
Journey with Community
Building on prudent operations, Zijiang Enterprise continues exploring pathways for shared value creation
with society. Through industry collaboration, community engagement, and philanthropy, the Company
connects its capabilities with social needs and extends the value of its development to a broader social
context.
ESG Strategic Targets
Reach 10,000 cumulative employee volunteer hours by 2030
Establish a public-interest project evaluation mechanism to
shift from donation-based support to impact-driven value
creation
Strengthen integration between Shanghai Zijiang
Foundation and the business to support broader industry
ecosystem development
Industry Development Case SJTU SAIF–Zijiang Lecture Series: New Materials and Sustainable Futures
Company executives took part in the SJTU SAIF–Zijiang Lecture Series under the theme New Materials
Zijiang Enterprise contributes to industry development through standards research, industry exchange, and
Forging a Sustainable Future. Together with industry experts, they shared frontline insights on new-
industry-academia-research collaboration. By sharing practical experience in technology, product application, and
material development, industrial opportunities, and challenges, contributing to knowledge exchange
operations with industry organizations, customers, and research institutions, the Company helps build consensus
and technical collaboration across the industry.
and strengthen capabilities on key issues such as safety, quality, and sustainability.
Business Unit /
Standard No. Standard Title
Subsidiary
Shanghai Ziquan
Label
Shanghai Ziquan General Quality Requirements for Ring-Pull Caps for
Packaging Beer and Beverages
Case Carbon Talk: "Path to Net Zero" Forum
Graphic Technology — Process Control for the
Shanghai Zidan Food GB/T 17934.6-2025 Production of Halftone Colour Separations, Proofs
As a participant in the value chain, Zijiang Enterprise attended the launch of a strategic customer’s
and Prints — Part 6: Flexographic Printing
climate action white paper. The General Manager joined the Carbon Talk: Path to Net Zero forum and
discussed green practices across the value chain from farm to table.
Anhui Zijiang Tamper Verification Features for Pharmaceutical
GB/T 45453-2025
Composite Packaging
Uniaxially Oriented Co-Extruded Polyethylene Film
Zijiang Color Printing T/CPF 0095-2025
for Packaging
Mono-Material Uniaxially Oriented Polyethylene
Zijiang Color Printing T/CPF 0096-2025
Laminated Film and Pouches for Packaging
Case SJTU SAIF–Zijiang Lecture Series at the China International Import Expo Case Zidong Nylon: Local substitution R&D in cooperation with a chemical group
The Deputy General Manager and Board Secretary joined a roundtable on Corporate Strategies and Zidong Nylon worked with relevant business units of a leading global chemical group on a
Practices in Responding to International Carbon Constraints, sharing views on business response and localization R&D project for additives. The project has completed multiple rounds of testing and
decarbonization practice under evolving global carbon requirements. delivered phased progress in exploring local application of related materials in film products.
Community Engagement
Zijiang Enterprise values the link between business development, the community environment, and social
responsibility. Based on local operating realities, the Company continues community programs and volunteer
activities, encouraging employees to participate in environmental protection and community service and supporting
local environmental improvement and sustainable development.
Case Future Teacher Impact Program for Rural Education
Case Crown Caps & Labels Business Unit: Participation in drafting a ring-pull-cap
In partnership with Shanghai Zijiang Foundation and leveraging university resources, the Company
industry standard
launched the Future Teacher Impact Program to support rural education and youth development. In
Working with the National Technical Committee for Standardization of Food Contact Materials and the summer of 2025, multiple teams carried out activities across several provinces and cities, providing
Articles, the business unit participated in drafting the General Quality Requirements for Ring-Pull Caps diverse educational support through community innovation courses, student summer camps, cloud-
for Beer and Beverages, carrying out technical research on quality requirements for top-pull and side- based classes, and cultural outreach.
pull ring caps. The program introduced social-emotional learning tracking and mentor guidance, supporting rural
education while strengthening participants’ teaching practice and overall capabilities. Through
dedicated scholarships and role-model outreach, it also encouraged greater youth participation and
expanded program impact. Integrated with the Future Teacher training framework, the program
further promoted themed practice activities and teaching competitions focused on adolescent mental
Case Zijiang Color Printing: Industry exchange to promote sustainable packaging health and social-emotional development, building a long-term mechanism that links public-interest
consensus
action with education development and provides sustained talent and educational support for rural
revitalization.
Zijiang Color Printing participated in
exchanges organized by the China
Packaging Federation, the Plastics
Industry Association, and Guangdong
Case “Finding the Great You” Rural Children Growth Program
Packaging Association, discussing circular
economy, food packaging safety, and low-
carbon development while integrating
Working with the Shanghai Zijiang Foundation and social organizations, Zijiang Enterprise carried out
these concepts into products and
the Finding the Great You program for rural children in places including Yuxi, Yunnan. The program
solutions.
helped urban and rural children improve expression and social awareness through real interaction.
Volunteer participation, learning-equipment donations, and continued support also helped improve
local learning conditions and children’s confidence.
Case Container Packaging Business Unit: Planting trees for a greener community Philanthropy
Guided by the belief that what comes from society should return
Luohe Zijiang joined a Tree-Planting Day public-welfare activity organized by Swire Coca-Cola. Key Metric
to society, Zijiang Enterprise treats public welfare and philanthropy
Employees carried out tree planting and litter clean-up around the site, contributing to local
as an important part of sustainable development. Working closely
environmental improvement through hands-on community action.
with the Shanghai Zijiang Foundation, the Company systematically Zijiang Enterprise charitable donations:
carries out projects in community care, youth development, rural
revitalization, and post-disaster relief, sharing development RMB 3.09 million
outcomes with society and fulfilling its responsibilities as a
corporate citizen.
Case “New Green Youth Talent Development Program”
Together with the Shanghai Zijiang Foundation and the Zizhu High-Tech Zone, Zijiang Enterprise
participated in the New Green Youth Talent Development Program. The program provided green-career
training and practical opportunities to 46 university students, helping strengthen professional skills
and cultivate talent for green industries.
Case Case
Paper Packaging Business Unit: “Little Orange Lamp” Zijiang Int'l Trade: Bottle Recycling
Public Reading Program Initiative for Urban Greening Case Case
The business unit joined the Little Orange Lamp Zijiang International Trade launched
reading initiative organized by the Zizhu Youth League a bottle recycling initiative by placing Huajiao Village infrastructure Earthquake relief for Dingri County,
Committee. Volunteers regularly read picture books collection bins in office areas and restoration for rural revitalization Tibet
to primary-school students at a school for migrant using the proceeds to sponsor trees
Zijiang Enterprise supported infrastructure After the earthquake in Dingri County,
workers’ children, supporting reading habits and in Shanghai Gongqing Forest Park.
improvement in Huajiao Village, Yunnan. Shigatse, Tibet, Zijiang Enterprise and the
learning development through sustained reading Under the theme Finish the Last
The project completed about 1,000 m Shanghai Zijiang Foundation made an
companionship. Drop, Leave Green for the Earth, the
of drainage-ditch repair, about 50 cu immediate donation to support emergency
initiative turned everyday recycling
m of concrete pouring, about 150 m of rescue, temporary settlement, and post-
into practical urban greening action.
reinforced cover slabs, about 20 m of gravel disaster recovery and reconstruction.
bedding (4 cu m), and about 10 cu m of Coordinated through the Shanghai
backfilling, effectively improving drainage Office for Cooperation and Exchange,
conditions and infrastructure stability in the the donation helped ensure efficient and
village. transparent use of funds in support of
affected communities.
Integrated Resource Efficiency Environmental management and resource efficiency are essential to Zijiang Enterprise’s prudent operations.
The Company advances both environmental risk control and efficient resource use by strengthening
management systems, optimizing pollution control, and improving resource-use practices across operations,
supporting a more intensive, efficient, and sustainable operating model.
Key Metrics
Companies with ISO 14001 certification: 22
Shanghai Zijiang Enterprise Group Co., Ltd. Guilin Ziquan Beverage Industry Co., Ltd.
Shanghai Ziquan Beverage Industry Co., Ltd. Anhui Zijiang Metallization Environmental Protection
Material Co., Ltd.
Provincial Green Factories: 9
Shenyang Zijiang Packaging Co., Ltd. Shenyang Ziquan Beverage Industry Co., Ltd. Shanghai Zijiang Color Printing Co., Ltd.
Hubei Zidan Packaging Technology Co., Ltd. Yichang Ziquan Beverage Industry Co., Ltd. Shenyang ZIRI Packaging Co., Ltd.
Nanjing Zile Beverage Industry Co., Ltd. Shaanxi Ziquan Beverage Industry Co., Ltd. Shanghai ZIRI Packaging Co., Ltd.
ESG Strategic Targets
Reduce water consumption per unit of output by 10% by 2030 compared with 2025
Achieve an 85% recycling rate for production waste by 2030
Increase the utilization rate of raw materials per unit of output by 5% by 2030
Environmental Management Management of Air, Water and Waste
Air Emissions Management
Through the Zijiang Enterprise EHS Management Manual and the Zijiang EHS Management Evaluation System,
the Company has clarified management requirements, standardized evaluation criteria, and strengthened Zijiang Enterprise continues to improve the management of air emissions through a combination of source control
process oversight, continuously improving the consistency and effectiveness of environmental management. and end-of-pipe treatment. Through standardized operations and equipment maintenance, the Company ensures
stable compliance and continues to reduce emissions through process optimization and technology upgrades.
Headquarters is responsible for overall system design and continuous improvement, identifying key environmental
management priorities for each business unit based on regulatory requirements and industry practice, and
Case Case
providing management guidance and tools. Through a unified evaluation mechanism, headquarters regularly
reviews environmental performance across subsidiaries to ensure consistent implementation.
Crown Caps & Labels Business Unit: UV Zijiang Color Printing: Source
Environmental Risk Identification varnish process substitution substitution for VOCs reduction
Under group-wide requirements, subsidiaries establish environmental management mechanisms tailored to Traditional solvent-based varnish was Low-VOCs inks replaced high-VOCs inks to
their own operations and assign responsibilities to specific roles and day-to-day activities. Through internal replaced with UV varnish, reducing both reduce pollutant generation at source. In
audits, risk assessments, compliance checks, and performance review, environmental execution is continuously high-temperature curing and solvent use. 2025, older VOCs treatment facilities were
monitored and reinforced. During the reporting period, neither Zijiang Enterprise nor its subsidiaries recorded The upgrade cut energy use and reduced also upgraded with new zeolite wheels
VOC generation by about 96.4 tons to improve adsorption and desorption
any environmental violations.
annually. efficiency.
Environmental Risk Identification and Each unit regularly checks emissions, equipment operation, hazardous substances, and
Assessment key processes, assessing risk likelihood and impact to define priorities and controls.
Case Zihua Technology: RTO upgrade for stronger exhaust treatment
Risk Prevention and Process Control Environmental risk controls are embedded into production and on-site management,
with improved procedures, equipment maintenance, and process controls reducing
risk likelihood. A new-generation RTO system
was installed to upgrade the
Monitoring, Supervision, and Continuous original exhaust treatment
Through internal audits, daily supervision, and management reviews, risk-control
Improvement performance is tracked and measures are continuously optimized. system, increasing treatment
capacity by about 1.5 times.
Environmental Emergency Management
Zijiang Enterprise has established an environmental emergency response system covering prevention, response,
and follow-up improvement. Emergency plans for potential environmental incidents are continuously refined,
with response procedures and responsibilities clearly defined to ensure rapid and effective action.
The Company also conducts regular drills and cross-factory inspections to test preparedness and improve
coordination, reducing potential operational and environmental impacts.
Case Beverage OEM Business Unit: Hazardous chemical spill drill
Nanjing Zile conducted a Case ZJMP: Water-based coatings to reduce VOCs
dedicated emergency drill for
a nitric acid leak, improving
response efficiency and Water-based coatings replaced traditional solvent-based coatings in production. Treatment efficiency
strengthening compliance remained above 99%. During the reporting period, about 50 tons of water-based coatings were used,
awareness across departments.
reducing VOC emissions by over 20 tons.
Wastewater Management
Case ZJMP: “Zero-Waste Factory” practice
Production and domestic wastewater are collected separately and treated in a standardized manner. Zijiang
Enterprise ensures compliant discharge while improving the stability and efficiency of wastewater treatment
Anhui ZJMP systematically advanced zero-waste-factory practices. As a result, hazardous waste at
systems.
source was reduced by about 41%, and the resource utilization rate of solid waste increased to 21%.
Optimize processes and water-use structures to reduce high-water-use
Source Reduction
and pollution-prone operations.
Case ZIRI Packaging: Hydraulic oil filtration and reuse to reduce waste oil
Strengthen circulating water management, improve recirculation,
Process Control and recover condensate to reduce freshwater use and wastewater
Guangdong ZIRI introduced a hydraulic oil
generation.
filtration unit to recycle used oil from 48-cavity
equipment. The measure reduces new oil input
Treat wastewater by type, ensure compliant production wastewater
by about 840 liters per year and lowers waste oil
End-of-Pipe Treatment discharge, and connect domestic wastewater to industrial park
discharge.
or municipal systems.
Solid Waste Management
Zijiang Enterprise has established a solid waste management system. The Company strengthens the management
of both general and hazardous waste while continuing to promote waste reduction and recycling under compliant
disposal practices.
Case
Key Metrics
Zidong Nylon: Precise hazardous-waste Zihua Technology: Upgraded hazardous-
Three-Star Zero Waste to Landfill Management System Certification management waste containers
Shanghai Ziquan Beverage Industry Co., Ltd. Nanjing Zile Beverage Industry Co., Ltd. A full-lifecycle traceability ledger was Iron pails previously used in printing were
established for hazardous waste, covering replaced with reusable IBC containers, reducing
generation, classification, collection, hazardous-waste disposal volume by about
transfer, transport, and final disposal. 35% through more standardized and recyclable
packaging containers.
The Company also adopted a one-item-one-
Case Zijiang Color Printing: Reduced waste adhesive and standardized disposal
code model, assigning a unique QR code to
each batch or category of hazardous waste
The Anhui composite plant introduced explosion-
and linking it to data such as source, storage
proof cold storage for residual adhesive to
location, and handling requirements,
reduce spoilage. During the reporting period,
enabling more precise and digitalized
only 18.6 kg of waste adhesive was declared for
storage management.
disposal, down about 96% from 451.81 kg in
Noise Management
Resource Efficiency
Zijiang Enterprise continues to reduce the environmental impact of operational noise through a combination of
source control, operating optimization, and facility upgrades.
Zijiang Enterprise continues to improve the refined management of water, raw materials, and auxiliary resources
Case Beverage OEM (Shenyang plant): Noise control and environmental impact
across the full use cycle. By optimizing processes, strengthening process control, and improving circular use, the
reduction
Company reduces resource intensity and promotes a more intensive and efficient operating model.
• Source control: The high-noise water-tower • Results: After the upgrade, daytime noise was
Water Resource Utilization
equipment near residential areas was shut controlled below 55 dB and nighttime noise
down, and silencers were added to cooling below 50 dB, well better than the applicable Water management is advanced in line with process needs and regional water conditions. Through optimized
water-use structures, higher recirculation rates, and stronger process control, Zijiang Enterprise reduces water
fans outside the power room. standard.
intensity per unit of output and improves overall water-use efficiency.
• Operating optimization: Variable-frequency
drives were added to air compressors to Case Container Packaging Business Unit: Cooling-system upgrade for water efficiency
reduce frequent starts and stops and lower
noise during operation.
The original open cooling system was upgraded to a closed-loop
• Facility upgrades: Sound insulation was added recirculation model, with optimized cooling-water operation. The
to cooling towers, including soundproof upgrade improved cooling-water efficiency while reducing both
panels and improved enclosure sealing. water consumption and wastewater discharge.
Case Zijiang Color Printing: RTO fan noise control retrofit
At the Anhui composite plant, localized protection and soundproofing were added to the incineration- Case Beverage OEM Business Unit: Multi-point water-efficiency improvements
unit fan, reducing noise to below 60 dB.
Tiered water-use management was introduced in the hot-fill bottle-rinsing process, saving about
of water per system each year. In addition, backwash-water recovery improved production-water
recirculation, saving about 1,247 tons per system annually.
Case Case
Zijiang Color Printing: Variable-frequency ZIRI Packaging: Condensate recovery
retrofit for process-water systems and reuse
Variable-frequency drives were installed Guangdong ZIRI recovers condensate
on process-water pumps to match pump from air-conditioning systems and reuses
speed, flow, and head more precisely with it in production and auxiliary water-use
process needs, reducing throttling losses processes, reducing freshwater demand.
and improving both water-use efficiency The measure saves about 120 tons of
and system stability. water annually.
Advanced Manufacturing
Through product quality management, R&D, and lean manufacturing, Zijiang Enterprise continues to build
stable, scalable, and sustainable manufacturing capability to support the delivery of innovative packaging
solutions. Advanced manufacturing is not only about efficiency, but also about quality consistency, technical
replicability, and operational resilience.
ESG Strategic Targets
Achieve real-time collection of key production data across
Increase the amount of recognition and incentive awards
for technological innovation by 20% over 2025
levels by 2030
Product Quality Case Beverage OEM Business Unit: Error-proofing system for ingredient dosing
A barcode-based material identification system was introduced to improve material accuracy and full-
By continuously strengthening management systems, improving production processes, and advancing lean
process traceability across warehousing, weighing, and feeding. Automated verification, color alerts,
manufacturing, Zijiang Enterprise continues to enhance product performance and delivery reliability while aligning
and audio-visual alarms help reduce manual errors and support standardized formula execution.
quality management with sustainable development.
Quality Management System
Zijiang Enterprise has established a product quality management system covering raw materials, manufacturing
processes, and delivery outcomes. Through a unified quality framework and key control requirements, the Company
improves process consistency, strengthens control over critical processes, enhances quality-data tracking, and
closes the loop on quality issues to reduce production variability.
The Company also continues to digitalize and smarten quality management. By embedding quality control
requirements into design, procurement, production, inspection, and delivery, and by enabling real-time collection of
critical parameters and closed-loop process monitoring, Zijiang Enterprise improves accuracy and responsiveness,
reduces defect risk, and enhances product consistency and delivery reliability. ZIRI Packaging: Four-site integrated quality management
ZIRI Packaging advanced a quality integration plan
across four sites under the principles of resource
Case Container Packaging Business Unit: Quality culture and capability building integration, information sharing, unified systems,
and regional collaboration. Standardized quality
Quality culture campaigns were launched workflows and themed quality-culture activities
across East and Central China. The initiatives were rolled out simultaneously across the four
strengthened quality awareness and problem- factories.
solving capability across both management
teams and frontline employees.
R&D and
Zijiang Enterprise takes technology innovation as a key growth driver. Through
industry-academia-research collaboration, expert workstations, and multiple
Innovation
Paper Packaging Business Unit: Automation upgrades to strengthen manufacturing capability innovation platforms, the Company accelerates the industrial application
of R&D outcomes. Continuous innovation has supported better product-
Hubei Zidan Food introduced a fully automated tissue production line and carried out a systematic upgrade market fit, higher production efficiency, and improved raw-material use.
of traditional packaging processes. By replacing manual operations with automated equipment, the business
achieved more continuous and standardized packaging processes, reducing manual intervention while
Key Metrics
improving operational stability and consistency. Through standardized control and automated operation,
R&D investment: Total granted patents:
Hubei Zidan Food effectively reduced human error and strengthened finished-product quality assurance.
RMB 344 million 1,502
New patents granted in 2025: Total invention patents granted:
New invention patents granted in 2025: Total national high-tech enterprise
Strengthening Technology R&D
Customer Collaboration
Zijiang Enterprise continues to increase R&D investment to enhance advanced manufacturing capability through
product development and process innovation. Focusing on packaging materials, structural design, and process
optimization, the Company keeps upgrading products and technologies to improve performance, efficiency, and Zijiang Enterprise treats customer needs as a key input for both R&D and manufacturing innovation. By staying
application adaptability. close to application scenarios and user feedback, the Company continues to improve products and services.
Recognition from customers validated Zijiang’s capabilities in product performance and service reliability.
Case Container Packaging Business Unit: Preform design optimization
Key Metric
By redesigning the preform structure, the weight of a 900 ml tea-drink preform was reduced from 50
g to 48 g. Mold-component upgrades shortened development time by about 50% and reduced mold Subsidiary CSR audits passed by customers: 26
investment to about 25% of a full cold-half mold set.
Case Container Packaging Business Unit: Co-developing customized bottle solutions Case Case
with customers
Container Packaging Business Unit: Expanding “packaging
New developments included a 1.0 L condiment bottle without handle, a 1.33 L rear-handle bottle, and Packaging Innovation Day ESG sharing manufacturing services” for strategic customers
a 666 ml hot-fill tea bottle. By combining bottle-structure design with existing mold resources, the
The General Manager and Deputy Leveraging its self-developed intelligent management
business unit accelerated validation and shortened product launch cycles.
General Manager / Board Secretary platform and specialized teams, the business unit has
attended a 2025 Packaging Innovation continued to earn the operational trust of strategic
Day, sharing Zijiang’s latest sustainable customers. It has secured long-term outsourced operation
Case Case
packaging solutions, including of preform centers for multiple bottling plants of COFCO
lightweight bottle-cap and neck design, Coca-Cola and Swire Coca-Cola, as well as supporting
Beverage OEM Business Unit: Formula innovation Zijiang Color Printing: preform and bottle-modeling analysis, cooperation for several additional preform centers.
for plant-based and functional drinks Patent commercialization to and environmental-benefit labeling. This further validates Zijiang Enterprise’s large-scale
support innovation
manufacturing capability, operational stability, and quality
The business unit continued formula and processing
Several utility-model patents, assurance system in the PET preform business, while
R&D. It developed six naturally flavored coix-seed water
including a method for improving elevating its level of collaboration with strategic customers.
products by identifying and suppressing volatile off-
ink filtration, a slitting-knife device
notes, and also developed a low-allergen refreshing
and slitting machine, and a film
dairy drink after screening low-sensitivity strains and
tensile-strength test fixture, have
filing one invention patent. Case Crown Caps & Labels Business Unit: Supplier conference collaboration with
been applied in production. Other
customers
Process adjustments also extended stable production patented solutions have entered
from 24h to 72h, improving product appearance. pilot-scale trials for new products. Shanghai Ziquan Packaging hosted a supplier
strategic alliance semiannual meeting for AB
InBev under the theme “Win-Win Cooperation,
Case Ziyan Alloy: Precision-alloy product R&D and industrial application Shared Future.” The meeting reviewed seven
years of alliance, discussed practices such as
precision manufacturing and one-factory-one-
Ziyan Alloy continued R&D and innovation in precision-alloy products. In 2025, the Company promoted
strategy, and included a plant visit to review the
the development of several products for medical and industrial equipment and expanded into new
application of VPO tools.
customers and application areas.
Case ZIRI Packaging: Integrating into customer technical systems
Customer Recognition Awards
As a core cap supplier, Shenyang ZIRI joined supplier technical workshops and specialized training
organized by strategic customers. Through deeper integration with customer technical systems, it
strengthened responsiveness to customer quality requirements and end-use applications.
Container Packaging Business Unit
Danone China COFCO Coca-Cola
Best Collaboration
Award
Upgrade
Swire Coca-Cola
Zhengzhou New Hope Qinpai Dairy Yili Group
Supplier Award Partner Award Carbon Pioneer Award
Classy·Kiss Coca-Cola
Case Paper Packaging Business Unit: Long-term strategic collaboration with an
Quality Gatekeeper 2024 ESG Social
international restaurant chain
Award Impact Award
The business unit has maintained more than 26 years of stable cooperation with an international
restaurant chain group. Paper Packaging Business Unit continues to respond to customer needs in
BEE & FLOWER
innovation, efficiency, and supply coordination.
Partner Award
Case Zijiang Color Printing: Deeper collaboration on quality and new projects with a
leading pet-health nutrition brand
Zijiang Color Printing visited
the customer’s Korea plant
Paper Packaging Business Unit
to review cooperation
results and discuss quality McDonald’s
performance and new-
project planning, with 2025 TMS1 APAC Outstanding
Supplier Award
plans to further strengthen
supporting capacity and System (TMS): McDonald’s
supplier assessment system
customer support. 2024 TMS APAC Supply Chain evaluating performance
Transformation Support Award in quality, safety, supply
chain management, and
operations.
Paper Packaging Business Unit Beverage OEM Business Unit
By-health Dewu Fujian Shengji Food
Danone & Beverage Co., Ltd.
Chain Award 2025 Best Blow-
Fill Equipment
Energy Management OEM Partner Award
Management Award
Dewu Yum China
Pioneering Innovation Award Outstanding Supply Chain Award
Domino’s China McDonald’s China
McDonald’s China Yihe Tang
Grade-A Quality Supplier Award Outstanding Partner Award
Zijiang Color Printing
Nestlé Weikang Probiotics
Crown Caps & Labels Business Unit
Packaging Award and Compliance Award Supplier Award
AB InBev
Green Supplier Recognition
Genki Forest
Xiangjin Health Beverage Nielsen CR Sanjiu Dong-E-E-Jiao
Product Trendsetter Award
ZIRI Packaging
Lean Operations
Eastroc Beverage Classy·Kiss
Across a multi-business-unit, multi-site manufacturing network, Zijiang Enterprise systematically advances lean
Outstanding Quality Gatekeeper operations with the core goal of improving all-time OEE and operating efficiency. Lean management serves
Contribution Award Award as the methodology, while digital management provides essential support, bringing production planning,
equipment operation, and coordinated management into one unified framework to improve resource allocation
and strengthen manufacturing resilience.
Zihua Technology
Winner Medical
Lean Digital
Management Management
Chain Ecosystem Sustainability Conference
Ziyan Alloy
Shenzhen Edan
Lean Management
Edan 30th Anniversary The Company takes all-time OEE as a key lever for lean management. By using planning to optimize production
Outstanding Quality Award organization and by strengthening coordination across production lines and factories, Zijiang Enterprise continues
improving equipment utilization and capacity matching to release the potential of large-scale manufacturing.
Key Metrics
Zidong Nylon
Lean projects submitted: QCC projects:
HOA QUANG
Technology Co., Ltd.
HANH CHUNG Trading &
Service Co., Ltd. 3,342 303
Outstanding Partner Recognition Outstanding Supplier Certification
Estimated financial benefits in the year: Improvement proposals:
RMB 91.48 million 1,025
Six Sigma projects: Rationalization proposals:
All subsidiaries are advancing digital operations systems, using real-time production data to continuously enhance
Case Paper Packaging Business Unit: Order-driven improvement in all-time OEE efficiency, quality, and energy performance.
The business unit used stronger order-taking capability as the entry point for improving all-time OEE
Key Metrics
and shifting production from intermittent operation to steadier running.
• Order-driven capacity release: Broader multi-SKU order acceptance supported more continuous
production and better use of equipment and labor. National-level smart factories: Provincial / municipal-level smart factories:
• Sales-production coordination: Optimized scheduling and coordination reduced waiting and 1 3
downtime and stabilized operating rhythm.
• Positive OEE cycle: Continued improvement in all-time OEE supported higher production
efficiency, more stable quality, and better operating performance.
Case ZIRI Packaging: Planning-led all-time OEE improvement
Case Paper Packaging Business Unit: Deepening smart-manufacturing capability
By integrating four manufacturing bases into one
coordinated management framework, ZIRI Packaging
• Smart plate-roller library management system: QR-code scanning links roller-library management
explored a systematic path to all-time OEE improvement and
with ERP/MES systems, reducing version-mismatch risk and improving labor efficiency.
improved equipment utilization and capacity matching.
• One-click digital weighing system: Built on the self-developed ZDIMS system, it captures
raw-material and product weighing data in real time and links them automatically to multiple
information systems.
• Digital color management platform: A full-life-cycle digital color management platform for
Digital Management flexographic printing improves agile delivery and color consistency across sites and machines.
• New ZDIMS functions: New modules for employee performance management and ink-path
To support lean operations with higher-quality data, Zijiang Enterprise has built a unified digital operations
management were added and deployed in new factories.
platform. By defining data granularity according to management needs and integrating key operating data at
machine, team, or real-time machine level, the Company enables centralized visualization of production. Automatic
collection and management of equipment and process parameters continue to create new room for efficiency
improvement and cost savings.
Case Zijiang Color Printing: Digital factory and smart-manufacturing development
Digitalization is closely aligned with the Company’s core strategy, focusing
Efficiency-oriented digital
on operating efficiency and human-machine collaboration to strengthen
strategy Digital foundations continued to strengthen around:
cost and delivery advantages.
Unified operations platform A unified platform based on OEE and energy management strengthens group-
and centralized control level visibility of key operating indicators and cross-company coordination
New ERP
upgrade IoT industrial Automated
MES / APS
Management is shifting from experience-based judgment to data-driven and integrated connectivity warehousing
Data-driven operating planning
decision-making in production organization, quality control, and resource business-finance infrastructure systems
decisions
allocation.
management
Information security standards and data governance aligned with national
Secure digital foundation and international standards provide a secure system environment for digital
operations.
Case Beverage OEM Business Unit: Accelerating industrial digital platforms Case Crown Caps & Labels Business Unit: Self-developed smart reporting system
After building earlier systems for energy use and all-time OEE data management, the business A smart reporting system was developed for legacy equipment. Modules include:
unit independently developed APL data ports covering key equipment systems and built a full-line
industrial digital platform to improve quality and cost management. Functions include:
a base reporting module
based on real-time order-progress management
equipment status for shop-floor teams
downtime benchmarking order-level energy-use and
and analysis all-time OEE benchmarking
Case Container Packaging Business Unit: Digital benchmark factory development Case ZIRI Packaging: Digital cap-quality management system
In the Tianjin new-factory project, the business unit applied digitalization and AI to optimize ZIRI Packaging built a digital quality management system to improve product quality. Key functions
production workflows. Key applications include: include:
High-Precision Digital Process
Transfer and Quality- Smart Financial
Automated Stacking Quality
Information Accounting
Logistics Management
Linkage Shanghai ZIRI Packaging was also included in the 2025 Shanghai Advanced-Level Smart Factory List.
Built around AGV-based automated logistics, the system
connects machine scheduling with production orders to enable
real-time data exchange and coordination between logistics
equipment and production processes. It supports on-demand
material ordering and just-in-time delivery, effectively reducing
intermediate warehouse space requirements.
Nurturing Workforce
Zijiang Enterprise regards employees as a core foundation for long-term development and competitiveness.
Guided by a people-centered approach, the Company continues improving a fair and healthy workplace
while systematically advancing talent development and capability building, aligning employee growth
with corporate strategy.
ESG Strategic Targets
Achieve more than 25 hours of annual training
per employee by 2030
Maintain zero serious safety accidents through 2030
Advance a dual career-path development system
to provide all employees with clear, diversified, and
sustainable growth pathways
Employee Rights and Interests Employee Communication
Zijiang Enterprise values employee communication and consultation. Trade union structures have been established
across operating locations to protect employees’ lawful participation in democratic management and the expression
Zijiang Enterprise strictly complies with labor laws and regulations in all operating countries and continuously of concerns. Based on different business-unit characteristics and employment scenarios, the Company continues
standardizes labor management to protect employee rights and interests. enriching communication channels and encourages employees to share feedback and suggestions through
multiple avenues while fostering an open and trust-based communication climate.
In daily labor management, the Company fully implements internal policies such as the Human Resources
Management Manual and the Headquarters Employee Handbook. Zijiang Enterprise does not discriminate on
Reasonable Zijiang Employee
the basis of gender, nationality, ethnicity, or religion, firmly prohibits child labor and all forms of forced labor, and Suggestion Box Union Activities
Suggestions Report
continues to foster a safe, fair, and respectful workplace.
Employee Engagement Regular
Employee Forums Online Channels
Survey Communication
Key Metrics Case “Together All the Way” Long-Service Recognition Program
Zijiang Enterprise launched the “Together All
Workforce Overview the Way” long-service recognition program to
honor employees in management positions who
Total employees have completed 10, 20, or 30 years of service,
recognizing their long-term contribution and
reinforcing organizational identity and cultural
continuity. Different commemorative gifts were
Female senior executives in Employees with disabilities Labor contract coverage presented for different service milestones:
subsidiaries Blooming Sunflowers for 10 years, A Thousand
years, and National Deer for 30 years.
By linking employee development with corporate
Gender Structure Age Structure
growth, the Company continues to strengthen
employees’ sense of belonging and honor, and
Female employee Age 30 and below Age 51 and above build a stable, professional workforce committed
Employee Engagement Survey
To better understand employee experience and management feedback, Zijiang Enterprise has established and
continued an employee engagement survey mechanism as a regular tool for communication and feedback. Each
year, the Company conducts questionnaire-based surveys while also collecting open-ended suggestions.
Key Metrics
Male employees Age 31–40 Age 41–50
Career Development and Training
Each business unit designs diversified development paths for employees at different career stages according to its own business characteristics,
systematically supporting both employee growth and organizational capability building.
Through structured onboarding, including orientation training and mentor support,
Integration and
Employee Promotion Adaptation
employees are helped to quickly understand the Company’s culture and role requirements,
enabling a smooth role transition and team integration.
Zijiang Enterprise follows the principles of appointing people based on merit, capability, and performance, and
continues to build a promotion system oriented toward ability and results. The Company provides employees Through continuous skill development and practical training, such as role-specific training
with clearer and more predictable career pathways while aligning promotion with actual capability growth and Role Competence and skill certification, employees are supported in building competence in their roles and
ensuring operational professionalism and reliability.
business needs.
In promotion management, the Company focuses on professional capability, work performance, and actual
Building on role requirements, employees are further supported in developing comprehensive
contribution. It continues refining the performance evaluation system to help employees clarify goals and improve Capability capabilities, including advanced training and management/collaboration skills, with
Deepening greater emphasis on communication, teamwork, and office software applications to
performance. Evaluation results are used to assess development potential and job fit, providing an important enhance their ability to handle diverse work scenarios.
basis for job adjustment and promotion.
Through internal sharing, mentor guidance, and training-system development, such
Experience
as trainer development and experience-exchange activities, business experience and
Employee Training Sharing professional knowledge are promoted across the organization.
Zijiang Enterprise has built a systematic talent-empowerment system. The Company continues upgrading employee
Employees are supported in pursuing diversified learning opportunities, including academic
learning and development mechanisms and sets differentiated development paths for different scenarios, so Development
advancement, professional title applications, and external training such as school-enterprise
Expansion
that employee capability growth supports stronger organizational efficiency. cooperation programs, helping them broaden their career development pathways.
Development Goal Implementation Approach
Key Metrics
Provide management Cumulative enrollment at Talent-pipeline training Talent-pipeline training
Establish a structured management and leadership development
Talent Pipeline training for senior key talent Shanghai Open University programs launched participants
pathway, combining practical application with ongoing follow-up to
Development for
Sustainable Operations
and continue strengthening
management and leadership
translate capabilities into business practice and support long-term, 700 10 897
stable operations.
capabilities.
Total training hours Average training hours per employee
Enhance capabilities of
Targeted Empowerment operations management
Combine operations management methods, tools, and practices with
Based on Strategic and professional staff in
project execution, knowledge sharing, and performance improvement
Assessments at Different line with business priorities
to continuously enhance operational efficiency and execution.
Stages at different development
Case Deepening university-enterprise cooperation to build a learning organization
stages.
Support key frontline
Zijiang Enterprise has established a long-term cooperation mechanism with Shanghai Open
employees in strengthening
University to support employee academic advancement and capability development. In 2025, the
Work with external education resources based on role-development 10 th anniversary of the joint program and the new-semester opening ceremony marked a further
Capability Enhancement their professional foundation
needs to build a stable, sustainable capability development system, deepening of this collaborative talent-development model. By 2025, the program had supported
for Frontline Employees through academic
enhancing role attractiveness and workforce stability. multiple cohorts of employees in continuing education and helped cultivate compound talent with
advancement and improved
learning capabilities.
both professional knowledge and practical experience.
Case Container Packaging Business Unit: Empowering engineering and technical talent Compensation and Benefits
The business unit established the Huachuang Studio in the Central China region to focus on improving
the capability and knowledge accumulation of engineering, equipment, and technical personnel, Compensation Overview
creating a regional platform for technical innovation and talent incubation. The studio supports the
formation of a technical talent pipeline for stable plant operations and efficiency improvement.
Zijiang Enterprise has built a compensation system with industry competitiveness to support talent attraction
and long-term retention. Through scientific and fair performance evaluation, employee performance and
contribution are connected with reward, while the performance-pay linkage continues to be improved to
Case Case encourage stronger capability and results.
Container Packaging Business Paper Packaging Business Unit: Strengthening the
Unit: AI efficiency training talent pipeline
In 2025, the business unit launched Performance
The business unit focused on key frontline production Based Salary
a special AI efficiency training Bonus
roles and developed machine-leader talent based on
program focused on smart office
a competency model, linking theoretical training with
work and productivity improvement. Compensation
performance goals and daily assessment to convert high-
With both online and offline learning Structure
skill capability into production results.
formats, the program encouraged
employees to apply AI tools in daily
Project Bonus Year-End Bonus
work. Daily attendance exceeded
showed that 92% of participants
believed the training could directly
improve work efficiency. Employee Benefits
On top of statutory benefits, Zijiang Enterprise continues improving an institutionalized, company-wide
Case Case employee welfare system based on business development needs and employee expectations. Stable and
sustainable benefit arrangements provide employees with basic living and health protection and support
long-term development for both employees and the Company.
Crown Caps & Labels Business Unit: Zijiang International Trade: Workplace
Building an internal trainer system communication training
The business unit established a systematic Zijiang International Trade organized workplace
employee-development mechanism centered communication training that combined
Leave Policy Meal Benefits
on capability building and knowledge transfer. assessment tools with case sharing to help
Through internal-trainer development employees better understand differences
programs, it has certified and cultivated between themselves and colleagues and improve Benefits
internal lecturers with professional teaching workplace communication and teamwork. Structure
capability and is gradually building factory Regular
trainer teams across multiple business areas. Holiday
Health
Benefits
Checkups
Building on this system, the Company uses employee activities as a carrier with ongoing attention to physical
well-being, team interaction, and workplace vitality.
Case Sichuan ZIRI Anhui Zijiang Composite
Zijiang Enterprise: First sports meeting
The Company successfully held its first sports meeting under the theme “Rivers Converge at Zijiang,
Glory on the Field.” Eleven teams from across China took part. From preparation and training to
competition and teamwork, the event demonstrated employees’ drive and collaboration while further
promoting the idea of healthy work and joyful living.
Outdoor Team-Building Trip Employee Trip
Zidong Nylon Zihua Technology
Across business units, Zijiang Enterprise also organized diverse activities to support employee well-being,
communication, and teamwork, including:
Team-Building Activity Trip for All Employees
Container Packaging Business Unit Crown Caps & Labels Business Unit ZJMP Zijiang International Trade
Tug-of-War Competition 2nd Sports Meeting Running-Group Activity Coffee-Soap Workshop
Employee Care
Case Case
Zijiang Enterprise regards employees and their families as long-term partners in corporate development. While
supporting employee career development, the Company also pays attention to employees’ family roles and Zijiang Color Printing: Visits and support Zihua Technology: Support for employee
practical needs at different life stages. for employees in hardship families and special-period assistance
Through channels such as trade unions, the company provides targeted assistance and visit arrangements to In January, Zijiang Color Printing visited 11 Zihua Technology assisted 8 employees in
relieve temporary pressure on employees and their families and help employees maintain work stability. families of employees in hardship. It also applying for the Dream Fulfillment program
coordinated with group-level assistance for their children’s education and helped
programs covering 18 employees and 2 employees apply for hardship subsidies
provided dedicated subsidies to 2 around the New Year and Spring Festival
employees through the Rainbow Plan, with period. In 2025, the Company also visited 5
Case Rainbow Plan: Warm support for employees total support exceeding RMB 100,000. employees who were ill.
The Company continued the Rainbow Plan employee-care program, providing timely financial support and
care for employees and families facing heavy pressure due to major illness or unexpected hardship. During Diversity, Equity and Inclusion
the reporting period, the total amount of assistance exceeded RMB 180,000.
Zijiang Enterprise values an organizational culture that respects differences and embraces diversity. The Company
pays attention to the varied needs of different employee group, and continues to promote targeted support
measures on issues related to female employees and employee families.
Case Case Case
Dream Fulfillment Plan: Supporting employees’ children in education
Through the Dream Fulfillment Plan, Zijiang Enterprise provided educational assistance to children of Crown Caps & Labels Business Unit: Ongoing Paper Packaging Business Unit:
care for female employees Women’s health lectures
employees with financial difficulties to support completion of university study. During the reporting period,
the per-capita assistance standard was raised to RMB 8,000, coverage was expanded, and a cumulative 56 The business unit provides support arrangements The business unit has set up Mothers’
employees’ children received support totaling RMB 784,000. for female employees during pregnancy, maternity Rooms for breastfeeding employees,
leave, and breastfeeding. The business unit distributes women’s supplies, provides
also distribute women-specific labor-protection Women’s Day gifts, organizes women’s
supplies every six months and organize Women’s health lectures, and offers annual health
Day activities with holiday gifts each year. checkups for female employees.
Case Case
Women’s Day activities across business units and companies included:
Paper Packaging Business Unit: Care Beverage OEM Business Unit: Emergency
program for employees’ children and development support for employees in
taking key school exams hardship Paper Packaging Business Unit Beverage OEM Business Unit
The business unit organized a care initiative Through annual hardship subsidies and the
for employees’ children taking high-school Rainbow Plan, the business unit maintained
and college entrance examinations, regular assistance for employees in need. In
preparing care gift boxes for 67 children 2025, it supported one employee at the Shaanxi
and showing support to employee families plant with family disaster relief and helped 5
at an important stage. employees at the Neijiang plant in Sichuan
participate in the Dream Fulfillment program.
DIY Women’s Day Activity Women’s Day Event
Zijiang Color Printing ZIRI Packaging
Oversees Group-wide safety management, manufacturing safety, and related systems
Zijiang Enterprise Sets annual EHS targets and strengthens risk oversight
Safety Committee
Coordinates EHS incident management across subsidiaries
Lucky Blind-Box Activity Care-Gift Boxes
Implements the Group’s safety management framework across business units
EHS Management Supports capability building and risk management
Zihua Technology Zijiang International Trade
Task Force
Organizes plant-wide safety reviews and related initiatives
Implement safety requirements at regional and plant levels
Regional and Plant Manage daily risks, site control, and hazard rectification
Chenshan Botanical Garden Trip Twins Mountain Trip EHS Leads
Support inspections, assessments, and continuous improvement
Health and Safety
With Integrated EHS Excellence Management System (IEMS) as a core focus, the Company identified professionalism,
Safeguarding Employee Safety standardization, and systemization as key priorities for annual improvement. It formally issued 12 EHS red-line
rules to further clarify minimum safety and environmental requirements and strengthen company-wide risk
Zijiang Enterprise regards employee health and safety as a core foundation of prudent operations and sustainable awareness and compliance execution. During the reporting period, the Company improved and implemented
development. Based on actual production and operating conditions, the Company continues improving its health on-site audit and evaluation mechanisms covering 14 factories, promoting the replication of EHS best practices
and safety management system, strengthening governance mechanisms and process control, and systematically and digital-management applications.
identifying and managing safety and health risks to protect employees in all work scenarios.
Safety Governance
Guided by the principles of people first, safe development, safety first, and prevention first, Zijiang Enterprise
has established a layered governance structure, forming a management system coordinated at group level and
implemented by business units. The Company continues improving systems for safety planning, execution,
inspection, and evaluation, as well as routine meetings, special meetings, fire drills, and dedicated training.
Zijiang Enterprise Safety Management Philosophy and Targets
Case Container Packaging Business Unit: Comprehensive safety-learning platform
The business unit built a unified safety-learning platform providing standardized training and
Zero Incidents Zero Violations
Zero Casualties assessment for new employees, contractors, and external drivers. Personnel must pass the
Prevent occupational health Strictly manage behaviors that
assessment before taking up work. The platform has been rolled out across more than 50 entities in
and safety incidents through a Protect employees and related violate safety management
comprehensive process risk-control personnel and prevent casualties requirements and correct them in the business unit.
mechanism a timely manner.
Case Beverage OEM Business Unit: Multi-Level Reinforcement of Safety Management
To ensure effective delivery of health and safety objectives, the Company has also established a systematic safety-
management audit mechanism. Through regular audits and process supervision, together with digital tools for
Safe operations are reinforced through a three-level approach. At the foundation level, themed
tracking key risks and management processes, Zijiang Enterprise continues improving the standardization and
activities, training, and broad employee coverage support self-managed safety. Special initiatives focus
effectiveness of safety management.
on confined-space management, with dedicated training, register reviews, signage improvement, and
emergency rescue equipment deployment, while strictly enforcing the principle of ventilate first, test
second, work last. Oversight is strengthened through unannounced inspections, cross-checks, and
Key Metrics
director-level inspections carried out by business-unit EHS, plant EHS, and functional directors.
Special investment in power-distribution rectification
Case Case
RMB 11.69 million
Paper Packaging Business Unit: Smart ZIRI Packaging: Safety culture and
temperature-control loop to eliminate production safety management
Completing systematic safety upgrades at
high-temperature operating risks
temperature monitoring system on its high- to the principle of safety first in production
speed flexographic printing line, covering and strictly implemented safety-
monitoring, multi-level alerts, and linked
management systems. Guangdong ZIRI
Packaging has recorded 850 consecutive
Fatalities and serious injuries exhaust control. It achieved 100% high- days without any employee work-injury
temperature risk detection, cut response accident.
time to under one minute, and recorded
Occupational disease incidence
Companies with ISO 45001 certification
Zidong Nylon introduced a smart safety-monitoring system integrating video monitoring, gas
detection, and equipment operation monitoring to enable real-time risk identification and early
warning.
Zijiang Enterprise treats health and safety training as an important lever for implementing safety management. Occupational Disease Management
Through training, drills, and themed activities, the Company continues improving employee awareness of and
response to safety risks. Business units combine safety knowledge with practical operating scenarios to encourage Zijiang Enterprise continues improving occupational disease management. By optimizing production processes
active participation in safety management. and equipment configuration, the Company reduces potential occupational health hazards generated during
operations. It also conducts occupational-health training to improve employee awareness and self-protection
Health and safety training activities capability.
The Company regularly arranges professional health examinations and maintains occupational health surveillance files.
Paper Packaging Business Unit Beverage OEM Business Unit For employees with abnormal examination results or those no longer suitable for original work, timely intervention
measures and reasonable job adjustments are arranged to protect health rights and reduce occupational disease risks.
Case Case
Paper Packaging Business Unit: On-post Zijiang Color Printing: Strengthening
physical examinations for occupational- occupational disease prevention and
hazard positions contingency mechanisms
In 2025, the business unit organized on-post The Shanghai plant updated occupational
physical examinations for occupational- health files and revised the special
hazard roles at its Shanghai factories. contingency plan for occupational disease
Doctors and equipment were brought hazards. On-post and exit examinations
on site to improve efficiency and reduce were implemented, covering hazard factors
Crown Caps & Labels Business Unit Zijiang Color Printing
inconvenience, covering 389 employees. such as noise and TDI were all compliant.
At the Anhui Composite plant, Occupational
Hazard Notice Cards were posted
prominently in workshops, and annual
hazard-factor testing and occupational
health examinations continued.
Case
Health and Safety Training First-Aid Training
Zidong Nylon: Dust-control
Case improvement in workshops
Zidong Nylon Zihua Technology
In trim pelletizing and waste-film recovery
ZJMP: Source control of occupational processes, engineers improved dust
disease risks overflow by enlarging the pressure-relief
opening, significantly improving dust
ZJMP systematically identified high-risk
conditions in the pelletizing workshop.
materials and work processes. Material
substitution reduced occupational
health risks from organic solvents, while
engineering controls were applied to high-
noise equipment and dust- and exhaust-
emission points to improve the work
environment
Heatstroke Emergency Drill Fire Drill
Governance & Compliance
Excellence
Guided by its aspiration to become a highly respected enterprise, Zijiang Enterprise regards sound governance
and compliance as a core foundation. The Company continues to improve corporate governance, strengthen
business ethics, reinforce information security, and advance responsible supply chain management,
building a transparent, efficient, and trusted governance system.
ESG Strategic Targets
Achieve 100% employee coverage in anti-
corruption training by 2030
Maintain zero major information security incidents
through 2030
Achieve 100% sign-off on the Supplier Code of
Conduct among core suppliers by 2030
Corporate Governance
The Company has further strengthened the responsibilities of the Board and its committees in risk oversight and
internal control. In particular, the Audit Committee plays a more prominent supervisory role, reviewing financial
disclosure, overseeing internal audit and internal control, and examining key financial and risk matters.
The internal audit function reports to the Board and operates under the guidance of the Audit Committee,
Governance Structure independently supervising operations, risk management, and internal control and reporting major issues in a
timely manner. This further enhances transparency, standardization, and risk prevention capability.
Zijiang Enterprise continues to improve its governance structure and institutional system, optimize decision-
making and management processes, and build a governance system with clear responsibilities and standardized
operation. By strengthening strategic management, risk control, and internal control, the Company further
enhances governance transparency, professionalism, and effectiveness, laying a solid foundation for prudent Corporate Culture and Human Corporate culture and human resources matters, supporting
operations and long-term value creation. Resources Management Committee talent development and organizational capability building.
The General Meeting of Shareholders serves as the highest authority. Under the leadership of the Board of
Directors, management is responsible for day-to-day operations. The Board oversees development strategy and
major decisions, while specialized committees provide professional review and supervision on key governance Reviews the Company’s medium- and long-term strategy,
Strategy and Investment Decision-
issues. Management is responsible for implementation, supporting effective delivery of strategy, risk control, major investments, and key business matters, and provide
making Committee
plans and recommendations.
and sustainability objectives.
Reviews remuneration policies and performance assessment
Remuneration and Appraisal
mechanisms for directors and senior management, helping
Committee
General Meeting of Shareholders align incentives with development goals.
Reviews and tracks the annual budget and execution status,
Budget and Execution Committee
supporting effective implementation of business plans.
Board of Directors General Manager
Responsible for decisions on the Company’s Responsible for organizing and
Oversees nomination and qualification review for directors
development strategy and major matters, implementing Board decisions,
overseeing overall operational direction, and overseeing day-to-day operations and Nomination Committee and senior management, strengthening governance structure
supervising the implementation of relevant resource allocation, and driving the and talent allocation.
management measures to ensure effective implementation of strategies and annual
delivery of development goals. targets at the business-unit level.
Reviews financial reports and related disclosures, supervises
Audit Committee internal control and internal audit, and examines external
auditor appointment and related audit matters.
Corporate
Strategy and Key Metrics
Culture and Remuneration
Investment Budget and
Human and Nomination Audit
Decision- Execution
Resources Appraisal Committee Committee
making Committee
Management Committee
Committee
Committee
General Meetings of Shareholders held: 2 Board meetings held: 5
At board level, the Company has established six specialized committees covering strategy and investment, audit,
remuneration and appraisal, nomination, budget and execution, and corporate culture and human resources. Proposals approved: 16 Proposals approved: 28
These committees conduct pre-review, deliberation, and oversight on relevant matters, helping the Board identify
and assess important issues in operations, risk control, and sustainable development, and supporting more
prudent, scientific, and efficient major decision-making.
Board Independence Risk Management
Zijiang Enterprise has formulated the Zijiang Enterprise Internal Control Manual, which serves as an important
Zijiang Enterprise safeguards independent judgment and effective checks and balances in Board by improving
institutional foundation for internal control and risk management. Centered on business processes, the manual
the participation mechanism for independent directors. As an important part of the Board, independent directors
systematically covers 29 business cycles and 82 sub-cycles, comprehensively identifying risk points in various
play a key role in corporate governance by providing independent and professional advice for Board decisions.
business activities. In this way, risk management requirements are embedded into daily operations and management
At the institutional level, the Company has formulated the Independent Director Work System, which clearly decision-making, supporting standardized operations and prudent development.
defines the appointment requirements, scope of duties, working procedures, and rights and obligations of
Zijiang Enterprise systematically identifies risks that may arise in operations and management and classifies
independent directors. During the reporting period, Zijiang Enterprise had 3 independent directors, providing
them into the following five major categories:
important support for major decision-making and standardized operations.
Board Diversity
Strategic Financial Operational
Market Risk Legal Risk
In the appointment of Board members, Zijiang Enterprise takes into account factors of various professional Risk Risk Risk
capabilities, while emphasizing diversity in Board structure. Through full exchange of diverse perspectives and
rational discussion, the Company continues to enhance the Board’s comprehensiveness judgment in strategic
assessment and major decision-making. During the reporting period, the Board elected a woman as General Zijiang Enterprise has established a risk management process covering the full course of operations and manages
Manager, reflecting the continued efforts to promote diversity in its management team. risks dynamically through a systematic and standardized approach.
Key Metrics
Male directors Female directors
Continuous
Tiered Risk Response Improvement and
Identification Assessment Response
Optimization
Investor Relations Management Identify major Based on internal For identified Establish a sound Regularly review
risks around core and external risks, define emergency- risk management
The Company values investor relations and maintains regular communication through email, hotline calls, business and key risks, assess management response operations and
investor meetings, postal mail, and the SSE interactive platform. It also holds quarterly results briefings via the SSE management possible impacts priorities and mechanism to continuously
Roadshow Center to present business performance and strategy and respond to investor concerns. A dedicated activities, and on operations implement reduce the impact refine the risk
clarify the primary and long-term targeted of sudden risks. management
IR team and formal management system help ensure efficient and standardized communication. In 2025, the
risks, impact development to measures. system.
Company revised 25 policies and introduced 5 new ones.
areas, and risk support follow-
factors. up response
decisions.
Key Metrics
Over 190 investor engagements (phone and in person) 40 announcements released
Case Selected as a 2025 Outstanding Internal Control Practice Case of Listed Companies
Shareholder Returns
Zijiang Enterprise was selected as an outstanding case in the 2025 Best
The Company places high importance on shareholder returns and has paid cash dividends every year for 27 Practice in Internal Control of Listed Companies. The evaluation reviewed
consecutive years since listing. Balancing investor returns with development and funding needs, it maintains a system completeness, effectiveness of operation, and risk prevention and
stable dividend policy and seeks to create long-term shareholder value. control performance, reflecting external recognition of the Company’s
standardized governance and governance capability.
Key Metric
Cumulative cash dividends paid, excluding the 2025
dividend: RMB 5.508 billion times the funds raised
Business Ethics Data and Information Asset Security Management
Zijiang Enterprise regards data as an important corporate asset and places strong emphasis on the systematic
management and protection of core business data and information resources.
Anti-Unfair Competition The Company manages two categories of data assets: Zijiang Enterprise’s own core commercial secrets and
customer commercial information that requires enhanced protection. Through institutionalized management,
The Company upholds fair competition and does not tolerate improper competition practices. By clarifying conduct the Company continues to improve its information assets.
boundaries in business activities and external cooperation, Zijiang Enterprise seeks to maintain a compliant and
trustworthy market environment.
Data Asset
Management Focus Management Measures
Category
Identification and
Anti-Bribery and Anti-Corruption Establish an information-asset identification mechanism, maintain a register of
protection of core
core data assets, and apply graded management based on materiality
data
Guided by the Corporate Culture Handbook, Zijiang enterprise continues corporate-culture communication and
Corporate Access and usage Define data access permissions and usage boundaries, standardize authorization
internal awareness-building to strengthen honest and standardized professional conduct. On this basis, it has
Information control procedures, and prevent unauthorized access
established internal reporting channels and early-warning mechanisms for prevention of fraud risks.
The Company has established multi-channel communication mechanisms for business ethics and compliance, Business continuity Include customer commercial information within the scope of key protection
encouraging employees, partners, and other stakeholders to report potential misconduct, fraud risks, or assurance and strengthen usage rules and confidentiality requirements
compliance concerns. A dedicated business-ethics and compliance mailbox is in place, ensuring timely, prudent,
Confidentiality and Include customer commercial information within the scope of key protection
and confidential handling of reports.
compliant use and strengthen usage rules and confidentiality requirements
Security of data
Customer Apply stricter access controls and security measures to data access and
access and
Information transmission involving customer information
transmission
Risk prevention and Define data-security responsibilities for relevant roles and reduce the risk of
accountability information leakage and improper use
Reporting Channel
Business ethics and compliance email: Information Security Incident Management and Emergency Response
hgjb@zijiangqy.com
Zijiang Enterprise continues improving its ability to identify, respond to, and recover from information-security
risks, reducing the impact of unexpected incidents on business operations.
• Establish information security incident emergency response and handling procedures
Emergency Response Mechanism
• Define incident classification, response requirements, and handling criteria
•
Information Security
Improve incident reporting and high-level notification mechanisms
Internal Reporting and Closed-Loop
Management
• Promote issue resolution, review, and experience sharing to build a closed-loop
management process
Strengthening Organizational
• Integrate information security incident management into daily operations
Zijiang Enterprise benchmarked against China’s cybersecurity regime (MLPS 2.0) and formulated the Information • Continuously enhance the organization’s overall capability to respond to information
Response Capability
Security Management Standard, while carrying out corresponding remediation actions. The standard sets unified security risks
requirements covering information-security governance, infrastructure, system operations, and the protection
of data and information assets. Digital System Operations
Zijiang Enterprise advances information security through centralized group coordination and tiered responsibility, Zijiang Enterprise continues strengthening information infrastructure management. By standardizing data-center
covering both headquarters and subsidiaries. Responsibilities and management requirements are clearly defined, management, network architecture, and system O&M requirements, the Company improves overall system
and embedded into daily operations and management processes. reliability and resilience.
Management Management Based on its unified supplier management system, the Based on material importance and business impact,
Management Measures
Module Focus Company conducts qualification review and on-site suppliers are classified into A, B, and C categories, with
assessment of potential suppliers, with comprehensive corresponding procurement priorities and management
Operating
Data Center
environment
• Standardize data-center grading and baseline operating standards; evaluation across quality management, environmental requirements to improve resource allocation.
Management define O&M requirements for key equipment management, technical capability, compliance, and service
standards
assurance.
Supplier Admission Supplier Classification
Network Stability and • Review and optimize network architecture; strengthen management
Architecture redundancy of cross-regional network connections
Non-Compliance Management Supplier Performance Evaluation
System O&M
Daily operation • Strengthen routine O&M for servers and endpoint devices; enhance Suppliers are regularly evaluated on indicators such as quality For non-compliance issues identified in evaluation, suppliers
assurance disaster-recovery backup of server resources pass rate, on-time delivery, and service responsiveness, are required to complete corrective actions within a specified
together with performance in areas including environmental timeframe, and results are tracked and verified. Suppliers
management and production safety. The results serve with persistent underperformance or serious violations
O&M Model
Efficiency • Shift from manual inspection to platform-based, visualized monitoring; as an important basis for cooperation adjustment and are removed in accordance with regulations and placed
improvement improve visibility of system status and anomalies continuous improvement. on the supplier blacklist.
Key Metric
Standardized Digital Platforms and Data Governance
Total number of suppliers: 1,146
Zijiang Enterprise embeds information-security requirements throughout data collection, system integration, and
platform operation, ensuring that data applications continue to deepen under secure and controllable conditions.
Supplier Enablement and Collaborative Development
Secure Data Integration
Zijiang Enterprise emphasizes collaborative development with suppliers and integrates capability improvement
• Integrate information security requirements into data collection systems and workflows
into supply-chain practice. Through exchange activities, the Company communicates with suppliers on industry
• Standardize the management of data sources, transmission, and access
trends and management practices, promoting information sharing and coordinated operations.
The Company guides suppliers to optimize raw-material selection, production processes, and logistics methods,
Key Data Governance
improving environmental management and resource efficiency across the supply chain.
• Strengthen the management of key operational data such as OEE and energy consumption
• Clarify data usage boundaries and governance responsibilities
Case Crown Caps & Labels Business Unit: Supplier ESG management and review
Secure Digital Enablement
The business unit incorporates ESG performance into supplier selection and management criteria. Its
• Support digital transformation under a secure and controlled environment
review system covers environmental management, energy consumption, resource use, labor rights,
• Enable the continuous development and deeper application of digitalization
health, and safety, ensuring that suppliers meet sustainability requirements in their operations.
Supply Chain Management Case Paper Packaging Business Unit: Mock recall to strengthen food safety management
Supplier Management During the reporting period, the business unit’s central quality department, together with the
procurement department and factory quality teams, organized a mock supplier recall exercise for
Based on the Supplier Evaluation Procedure, Zijiang Enterprise has established a standardized mechanism covering
major material suppliers. All suppliers completed recall actions and report submission within the
supplier admission, evaluation, supervision, and exit, helping ensure supply-chain stability and sustainability
required timeframe.
through institutionalized processes and tiered management.
Appendix 1 Appendix 2
Index to the SSE Self-Regulatory Guidelines No. 14 for Listed Companies — Sustainability Reports GRI Content Index
Relevant Corresponding GRI Standard Disclosure Title Corresponding Section
Dimension Topic
Provisions Section
Climate Change Articles 21–28 Climate Action GRI 1: Foundation 2021
Environmental
Pollutant Emissions Article 30
Management GRI 2: General Disclosures 2021
Waste Management Article 31 Waste Management
Ecosystems and Biodiversity Protection Article 32 Not Applicable
Environment
Environmental Entities included in the organization’s sustainability
Environmental Compliance Management Article 33 2-2 About This Report
Management reporting
Energy Use Article 35 Energy Management
Water Resources Use Article 36 Resource Utilization
Circular Economy Article 37 Sustainable Products
Community
Rural Revitalization Article 39 2-7 Employees About Zijiang Enterprise
Engagement
Social Contribution Article 40 Philanthropy
Innovation-Driven Development Article 42 R&D and Innovation
Technology Ethics Article 43 R&D and Innovation
Supply Chain
Social Supply Chain Security Article 45 2-11 Chair of the highest governance body Corporate Governance
Management
Supply Chain
Fair Treatment of SMEs Article 46 Role of the highest governance body in overseeing the
Management 2-12 Corporate Governance
management of impacts
Product and Service Safety and Quality Article 47 Product Quality
Data Security and Customer Privacy Protection Article 48 Information Security
Role of the highest governance body in sustainability
Employees Article 50 Nurturing Workforce 2-14 Corporate Governance
reporting
Corporate
Due Diligence Article 52
Governance 2-15 Conflicts of interest Corporate Governance
Stakeholder
Sustainability Stakeholder Communication Article 53
Engagement
Governance
Anti-Bribery and Anti-Corruption Article 55 Business Ethics
Anti-Unfair Competition Article 56 Business Ethics
GRI Standard Disclosure Title Corresponding Section GRI Standard Disclosure Title Corresponding Section
GRI 3: Material Topics 2021 GRI 305: Emissions 2016
GRI 201: Economic Performance 2016 GRI 306: Waste 2020
Financial implications and other risks and opportunities Management of Air, Water
due to climate change and Waste
Management of Air, Water
GRI 205: Anti-corruption 2016 306-2 Management of significant waste-related impacts
and Waste
Management of Air, Water
and Waste
Communication and training about anti-corruption Management of Air, Water
policies and procedures and Waste
Management of Air, Water
and Waste
GRI 302: Energy 2016 GRI 401: Employment 2016
Benefits provided to full-time employees that are not
provided to temporary or part-time employees
Reductions in energy requirements of products and
services
GRI 303: Water and Effluents 2018 403-1 Occupational health and safety management system Health and Safety
Hazard identification, risk assessment, and incident
investigation
Worker participation, consultation, and communication
on occupational health and safety
GRI Standard Disclosure Title Corresponding Section Appendix 3
Initiative Corresponding Section
Goals (SDGs)
GRI 404: Training and Education 2016 Employee Rights and
SDG 3. Good Health and Well- Ensure healthy lives and promote well-being for Interests; Compensation
being all at all ages and Benefits; Employee
Career Development and
Training
Ensure inclusive and equitable quality education
Programs for upgrading employee skills and transition Career Development and Career Development and
assistance programs Training Training
all
Employee Rights and
GRI 405: Diversity and Equal Opportunity 2016 Achieve gender equality and empower all women
SDG 5. Gender Equality Interests; Diversity, Equity
and girls
and Inclusion
SDG 6. Clean Water and Ensure availability and sustainable management
Management; Resource
Sanitation of water and sanitation for all
Efficiency
GRI 406: Non-discrimination 2016
SDG 7. Affordable and Clean Ensure access to affordable, reliable, sustainable Climate Action; Energy
Energy and modern energy for all Management
Promote sustained, inclusive and sustainable Employee Rights and
SDG 8. Decent Work and
GRI 407: Freedom of Association and Collective Bargaining 2016 economic growth, full and productive Interests; Compensation
Economic Growth
employment and decent work for all and Benefits
Operations and suppliers in which the right to freedom SDG 9. Industry, Innovation
Build resilient infrastructure, promote inclusive
of association and collective bargaining may be at risk and sustainable industrialization and foster
and Infrastructure Operations
innovation
GRI 408: Child Labor 2016 Employee Rights and
SDG 10. Reduced Inequalities Reduce inequality within and among countries Interests; Diversity, Equity
Operations and suppliers at significant risk for incidents and Inclusion
of child labor
SDG 12. Responsible Ensure sustainable consumption and production
Sustainable Products
Consumption and Production patterns
GRI 409: Forced or Compulsory Labor 2016
Operations and suppliers at significant risk for incidents Take urgent action to combat climate change and Climate Action; Energy
SDG 13. Climate Action
of forced or compulsory labor
Promote peaceful and inclusive societies for
GRI 414: Supplier Social Assessment 2016 SDG 16. Peace, Justice and sustainable development, provide access to
Corporate Governance
Strong Institutions justice for all and build effective, accountable and
inclusive institutions at all levels
Strengthen the means of implementation and
SDG 17. Partnerships for the Supply Chain Management;
revitalize the Global Partnership for Sustainable
Negative social impacts in the supply chain and actions Goals Customer Collaboration
taken
Appendix 4
Key Performance Indicators
Indicator Unit 2023 2024 2025 Indicator Unit 2023 2024 2025
Economic Non-Hazardous Waste
RMB 100
Total assets 136.94 131.89 131.75 Total non-hazardous waste tons 25,693.20 29,641.77 29,172.71
million
RMB 100 Non-hazardous waste
Revenue 91.16 106.37 96.04 tons 25,138.52 28,366.37 27,225.00
million recycled
RMB 100 Non-hazardous waste
Total profit 7.40 9.72 12.62 tons 554.68 1,275.40 1,947.71
million disposed of
Social contribution value per
RMB 2.07 2.36 2.48 Hazardous Waste
share
Cash dividends (tax
RMB 379,184,039.50 455,020,847.40 530,857,655.30 Total hazardous waste2 tons 1,273.74 1,574.63 1,654.02
inclusive)
Penalties or warnings
imposed by the CSRC or the times 0 0 0 Hazardous waste recycled tons 173.58 167.51 192.66
Shanghai Stock Exchange
Hazardous waste disposed
tons 1,100.16 1,407.12 1,461.36
Environmental Performance of
Direct Energy Consumption
Environmental Governance
Environmental governance Gasoline consumption liters 136,287.62 116,844.23 115,570.36
RMB 10,000 4,888.85 2,592.03 4,419.06
investment
Compliance rate of waste Diesel consumption liters 84,743.74 81,966.38 67,304.50
gas and wastewater % 100 100 100
discharge
Natural gas consumption standard m3 8,038,036.06 9,072,021.91 9,871,391.98
Air Emissions
LNG consumption tons 39.95 33.73 25.96
Total air emissions tons 157.74 186.85 166.44
Indirect Energy Consumption
NOx emissions tons 12.48 19.19 12.89
Purchased electricity MWh 548,125.80 572,539.20 638,351.46
Non-methane hydrocarbon
tons 143.81 160.10 146.74
emissions
Purchased steam tons 88,293.54 105,016.38 106,397.67
Sulfur dioxide and other
tons 1.45 7.56 6.81
particulate matter
figures were adjusted accordingly.
Indicator Unit 2023 2024 2025 Indicator Unit 2023 2024 2025
Renewable Energy Labor contract coverage % 100 100 100
Occupational disease
Solar power generation MWh 19,856.00 33,750.00 63,736.00 cases 0 0 0
incidents
Electricity Savings Total training hours hours - 131,760.86 156,608.15
Average training hours per
Annual electricity savings MWh 3,555.00 3,765.00 8,547.00 hours - 19.40 22.76
employee
Water Consumption Health and Safety
Number of employee work-
Total water use tons 2,837,925.16 3,284,127.48 3,860,834.66 cases 57 43 42
related injury incidents
Total wastewater discharge tons 1,577,121.45 1,892,370.20 2,323,235.50 Lost work hours hours 25,640 26,152 18,769
Lost-time injury frequency
Total water consumption tons 1,260,803.71 1,391,757.28 1,537,599.16
rate per million hours / 4.13 3.15 3.08
worked
Total recycled water use tons 153,672.00 167,868.00 208,734.00 Total number of employees
people 6,070 6,512 6,576
trained in EHS
Social Performance
Suppliers
Total number of employees people 6,936 6,791 6,882
Total number of suppliers companies 1,157 1,135 1,146
Total number of male
people 4,855 4,815 4,964 Number of suppliers in
employees companies 1,109 1,090 1,102
mainland China
Total number of female
people 2,081 1,976 1,918 Number of overseas
employees companies 48 45 44
suppliers
Percentage of female
% 30.00 29.10 27.87
employees
Number of employees with
people 26 21 30
disabilities
Female board members % 11 22 22
Return-to-work rate after
% 100 100 100
childcare leave
Social insurance coverage % 100 100 100
Shanghai Zijiang Enterprise Group Co., Ltd.
Shanghai Zijiang Enterprise Group Co., Ltd.
Address: 7C, Hongqiao Business Building, 2272 Hongqiao Road,
Changning District, Shanghai
Phone: +86-21-62377118
Email: zijiangqy@zijiangqy.com
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